Chapter 22: Canal Companies Incorporated by New York State


A tabular list of companies chartered for constructing navigable canals within New York State. In addition to the two waterways whose histories have just been related, many companies have been incorporated by the Legislature to build other canals. These companies are here presented in a tabulated list, which gives the name, date of incorporation and capitalization of the company, the location of the canal and also a brief account of what was accomplished, so far as a rather extended research can ascertain. Possibly some of the companies, which are described as having done nothing, may have begun a part of the construction, but it is probable that if much had been done some record of the operations would have been found. Chronologically the list begins with the Inland Lock Navigation Companies, whose works were finally acquired by the State, as were also several others started by private enterprise. It will be noticed that the period of greatest activity in canal-building on the part of the State, or between 1815 and 1840, was productive of the keenest desire on the part of individuals to share in the profits of a toll-collecting canal. However, it will be observed also that some companies have been incorporated within comparatively recent times. The list contains three canals that were authorized by the State to be constructed by an unincorporated company or by municipalities. Projects for purely hydraulic or drainage canals are not included. The spelling of the statutes is retained for the names of companies and termini.


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