The Maritime History of the Great Lakes
British Whig (Kingston, ON), Feb. 23, 1847


Description
Full Text

p.2

TORONTO MARINE RAILWAY COMPANY.

Some weeks ago we noticed the ? of Dr. Roe's Wharf, and property ?, for the use of the above company, for the sum of £3,150.

The proposed capital of the company is £12,000. It is thought that the building and machinery necessary for the work would cost £5,000, and the dock £1,000, which together with the price of the ground, would ? about £3,000 for the floating of the company. From what we know of the views of the promoters of this scheme, we are fully convinced that it is deserving of public support. The various departments of the works are proposed to be filled by master workmen who shall not have less than £400 invested in the concern. This will give them a direct interest in the prosperity of the undertaking, and greatly conduce to economy in the work which we think is one of the most important requisites to the success of the concern. Included in the plan is, of course, the appointment of a general manager - a man of ?, of energy and experience, who shall be responsible for the mercantile matters of the concern.

We are happy to say, that between four and five thousand pounds of the Stock has already been taken up. The subscribers' names comprise Messrs. W.H. Bolton, Bethune, Jarvis, Beckett, Mitchell, Ev ?, Dick, and D. Patterson; and, in such hands the scheme cannot fail to meet with the success it deserves. [Toronto Globe]


Media Type:
Text
Newspaper
Item Type:
Clippings
Date of Original:
Feb. 23, 1847
Local identifier:
KN.5378
Language of Item:
English
Donor:
Rick Neilson
Copyright Statement:
Public domain: Copyright has expired according to the applicable Canadian or American laws. No restrictions on use.
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British Whig (Kingston, ON), Feb. 23, 1847