canal restoration shares

[ostrichtheoyster]

I am the custodian of a canal some 3+ miles in length. The lock gates and bank sides (in areas) need restoration. This is a canal built by Royal Charter and is the only one of its kind in the country. I am thinking of selling shares in this canal to raise capital to help pay for its restoration so to enable long boats back in. Please give me your input as to whether you guys would find this of interest. Your comments would be helpful

Thankyou.

Edited December 15, 2004 by ostrichtheoyster

[Jon]

Can you give us some more information, like where it is, how boats would get on to it?

 

As an idea, you may get a few people interested, but only a few as it is very specialist...

 

Moving to general boating as it doesn't really fit here...

 

Jon

[Jon]

Please post any reponses in this thread only.

 

Many thanks,

 

Jon

[nbtafelberg]

I would be interested in shares in a canal .

[ostrichtheoyster]

Jon

Thanks for your response. Im pretty new to this and Im unsure how to move the forum to general boating.....

 

 

The canal is in East Yorkshire; was built in the early 1800's of clay... used for transportation of cotton, coal etc until 1930's. The canal is 3.5 miles in length although Im only looking to put boats in the top 1.5 miles (closest to the lock)

[nigel carton]

Yes I'm interested to, need more info though.

[Richard Fairhurst]

Do I presume it's the Leven Canal?

 

Richard

[Paul Evans]

Assuming it is the Leven Canal, I doubt that there would be much interest in becoming a canal proprietor unless it were connected to the main system. The cost of using it would simply be prohibitive. I, for one, would not be up for craning my boat out, transporting it, craning it in again, cruising for no more than 7 miles and then reversing the process!

 

But then there might be some social cachet......Just imagine, down the pub..."On MY canal....."

Edited December 17, 2004 by Paul Evans

[nigel carton]

Is it not connected to the main system? can it be?

[stuart]

ostrichtheoyster I think you need to be more descriptive with what your plans are and also location of said canal before people will part with the money. You've got to apply some marketing tricks and jazz up the whole idea!

[Paul Evans]

The Leven Canal is connected to The River Hull, which in turn runs into the Humber. Both the Trent and the Yorkshire Ouse join the Humber and lead to the main canal systems. Unfortunately, the entrance lock to the Leven Canal has been turned into a weir to maintain the water level. Take a look at A Virtual Cruise of The River Hull. There are pictures of the disused lock.

 

If the lock were restored, passage to and from the main canal system would not be for the faint hearted orinexperienced. Tides and currents in the Humber, lower Trent and Yorkshire Ouse are notoriously fierce and channels shift frequently. Have a look at the Humber Estuary Services Website for information about using the Humber, lower Trent and Yorkshire Ouse.

 

The bold parts of this post are clickable links.

[ostrichtheoyster]

Well it certainly prokoved talk...

 

Yes the canal is Leven Canal although the web link that someone provided has incorrect info on it and the web master has been informed.

 

The canal joins the River Hull which initself is a popular boating / walking / fishing spot. The lock needs repair. At the moment it is usd only to let water in and out to keep the water level constant.

The idea about shares in the canal was to raise capital to restore the lock and I came on here only to see what interest it would generate if any.

My plan - which is something that at the moment I am only toying with, is to restore the lock and allow boats in - not just a quick zip in and out but also to let them moor there. The canal is safe and an ideal place to keep boats winter or summer.

[Jon]

It sounds very intersting. Please keep us informed of your progress...

 

Jon