p.3 During the last week a number of wealthy and influential gentlemen from Montreal, who are concerned in the Ottawa Company, met at this place for the purpose of conferring with our townsmen who have interested themselves in the line of the Rideau, and arranging plans for the forwarding business this year. The result is, that the three steamboats, Rideau, Margaret and Thomas McKay have been bought up by the Company, and will, in connection with the other boats to be employed, form a line by which a boat will leave the extremes of the route every day, except Sunday.
The business of the Company in Kingston will be managed by a Committee of Stockholders and a resident Agent. We learn that the Company have written to the proprietors of the steam-boats Great Britain and Cobourg with a view of employing these vessels in forwarding goods up the Lake; and as it has been determined that the St. George shall be owned in Kingston, she will probably form part of this arrangement.
For the information of such merchants as would wish to get their goods insured, on the line of the Ottawa and Rideau, we can state, that the Company mean to effect insurances, and that they will be able to do so at one half the rates charged on the St. Lawrence.
Nearly £4000 to the additional Stock of the Ottawa and Rideau Forwarding Company was last week subscribed in Kingston. [Chronicle]
A Meeting of the Stockholders of the Ottawa & Rideau Forwarding Company will be held at the Commercial Hotel, on Tuesday next, the 3rd of February. A full attendance is requested. Kingston, Jan. 31, 1835.