Dec. 24, 1851
p.2 The Railway - Wolfe Island Canal - At the meeting of the City Council on Monday last, Ald. Ford moved for leave to introduce a By-Law in accordance with the requirements of the Provincial act, for the taking of stock by the City Council in the projected Wolfe Island Canal. Leave was at once granted, the bill was introduced, and on the second reading referred to a committee of the whole, for the purpose of determining the amount of the subscription. After some conversation, the blank was ordered to be filled by the sum of 2,500 pounds, when the committee rose, reported progress, and asked leave to sit again. The bill will in the meantime be put in strictly legal form, prepared, when finally adopted by the Council, to be submitted to the electors of the city at the annual election for their approval. It is understood, as we have already stated, that the Canal forms a part of the railway scheme, and that the funds for its construction be raised in the shape of additional railway stock. The estimate of cost, made with reference to an actual undertaking of the work, is 12,500 pounds. Of this sum our American friends are pledged to raise one-half, and we must produce the other. The County Council has voted 1,000 pounds to this purpose, and the city proposes to subscribe 2,500 pounds. This will leave 2,750 pounds to be taken up by private subscriptions, which we have not the slightest doubt will under the conditions indicated be obtained as soon as required.
Tenders will be received by the undersigned, until 1st of February next, from responsible persons, willing to undertake the Dredging of the Harbor at Picton, to be fully completed before the close of Navigation in 1852. The material to be removed appears to be entirely alluvial deposit. All other requisite information will be given on application to the undersigned.
Secretary to the Committee.
Picton, C.W., Dec. 9th, 1851.
N.B. - Any company or private individual, owning one or more Dredging Machines may probably find an opportunity to rent or sell, by applying as above, giving full particulars as to power, price and cost of working.
Dec. 26, 1851