p.2 The Yacht For the Centennial Regatta - The Cobourg Sentinel says: "Since our notice last week regarding this spirited enterprise, Captain Cuthbert and others, who are interested in its success, have asked Major Gifford, Vice-Commodore of the Royal Canadian Yacht Club, to act on behalf of the subscribers as trustees of the funds to be collected for building and fitting out the yacht. He will also look after her construction, check every payment that is made for work done and material furnished, and, when finished will take command of her, with Capt. Cuthbert as sailing master, and under the blue ensign of the Royal Canadian Yacht Club take her down to Philadelphia, and we trust to victory. After her mission has been accomplished she will be sold, the subscribers repaid pro rato, and the balance, if any, given to Capt. Cuthbert. The major is now actively engaged in raising funds in the town to meet immediate expenses, and he will shortly visit Ottawa, Toronto, Hamilton, and other places on the same errand. It is to be hoped that the matter will be taken up with spirit, not only in Cobourg but throughout Ontario. It is not only a national undertaking, but it will probably be the means of bringing our talented yacht-builder, Capt. Cuthbert, into a world-wide repute, bring orders to Cobourg, and in that give employment to workmen at a time of the year when things are generally at a stand-still."
p.3 The New Name - The Northern Transit Company is to be the name of the new organization taking the place of the late Northern Transportation Company.