Note 1 — Chapter III · MUNICIPAL ENTERPRISE—THE ISSUE OF NOTES

This purchase was in itself an interesting piece of municipal history. "By an Order in Council," says Jacob in his Annals of British Norman Isles, p. 153, "the Meat Market Company were to be allowed by the States, certain duties on all the cattle killed, so long as they remained proprietors of the Market; but the States were allowed at any future time to take the same into their own possession on the payment of what the proprietors had advanced. The States did this on the 10th April, 1817, at an expense of £5,000." (See p. 16.)