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James Templer of Stover House, Teigngrace, began to construct the canal at his own expense in January 1790. He planned to reach Bovey Tracey, passing through Jewsbridge, near Heathfield en route, and to construct a branch to Chudleigh. Having invested over £1,000 in the project, he sought an Act of Parliament which would allow him to raise more capital, but although the Act was passed on 11 June 1792, he did not invoke its powers, as the canal had already reached Ventiford, Teigngrace and he did not extend it further.
It connected with the Haytor Granite Railway
The engineer was Thomas Gray
1819 Letter. '...the Port of Teignmouth is likely to derive its share of advantage from the Export of Granite, an inexhaustible quantity having been found within four miles, (on a gradual descent) of the Stover Canal, of a very superior quality to any in the kingdom...'.