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Commissioners to posses the Powers of the Canal Company.
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7. The said Commissioners of Public Works, so long as they may manage the said Canal, and every such Person or Persons or public Company as aforesaid, from and after such Purchase or Lease, and so long as the said Canal and Premises shall be vested in such Purchasers or Lessees, shall possess all the Rights, Authorities, and Privileges, and be subject to all the Liabilities, which the said Canal Company would have possessed or would have been subject to had such Canal Company continued to possess and manage the said Canal and Premises.
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