Oldham and Royton Canal Act 1895
WHEREAS water communication from the Rochdale Canal at Rochdale to Royton and Oldham would be of public and local advantage and it is expedient that a company (in this Act called "the Company") be incorporated for establishing such communication and for carrying out the works by this Act authorised:

And whereas it is expedient that the Company be authorised during the construction of the works and subject to the provisions herein-after in that behalf contained to pay interest or dividends up...