The Act created the Company of Proprietors of the Lancaster Canal Navigation, and gave them powers to raise £414,100 by the issuing of shares, and an additional £200,000, either by mortgage or by issuing more shares, if required. John Rennie was appointed as engineer in July 1792, with William Crossley the elder as his assistant, and Archibald Millar as resident engineer and superintendent. A second Act of Parliament was obtained in May 1793 to authorise the construction of the Glasson branch, so that the canal had a connection to the sea.