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Lands, locks, &c. now vested in the corporation, and all materials, and money granted for said work, and unapplied, vested in the company,
with like powers as by several acts, but subject to restriction therein, and to controul of said corporation.
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XII. And be it enacted by the authority aforesaid, That the several lands, tenements, and hereditaments, bridges, locks, sluices, drains, banks, dams, towing paths, and other ways, which arc now vested in the said corporation for the purposes of carrying on the said navigation between the city of Limerick and the deep navigable water above the town of Killaloe, and also all the materials and utensils which have been or shall be provided before the first day of June next for carrying on the said work, and also all sums of money which have been granted for carrying on the said work, and which remain unapplied, shall, from and immediately after such company shall be so erected as aforesaid, be vested in the said company and their successors; and that such company and their successors shall from and after the time aforesaid be invested with, and shall hold and enjoy, all and singular the powers, privileges, advantages, and authorities in all things for the purposes of carrying on the said navigation, as are now vested in the said corporation by virtue of several acts made in this kingdom; subject nevertheless to the several restrictions in the said acts mentioned, and subject nevertheless from time to time to the controul of the said corporation.
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