Daily News (Kingston, ON), Nov. 14, 1857
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p.2 Lake Ontario and St. Lawrence Steamboat Company - The Rochester Union says:- This corporation, which has navigated the waters of Lake Ontario and the St. Lawrence for fifteen years, with more than ordinary exemption from disaster, is evidently about to dissolve and give up the ghost. The business of the present season has added nothing to the treasury of the company, and there is seventy-five thousand dollars of indebtedness, with nothing to meet it but the boats, furniture and property indispensible for the operation of the line. A meeting of the stockholders was held at Utica on Thursday last, says the Telegraph, when a full state of the situation of the company was made. In order to save the effects from a sale by the Sheriff, it was suggested that a new company be organized, with a capital stock of $125,000, and that the stockholders thereof be assessed pro rata to pay the indebtedness of $75,000. This plan was considered the most feasible, and a period of thirty days allowed to arrange matters for its consummation.
-clerk from str. Ottawa found in Lachine Canal - a victim to the want of proper lights on the canal.
p.3 Imports - 13.
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- Nov. 14, 1857
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- Rick Neilson
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- Public domain: Copyright has expired according to the applicable Canadian or American laws. No restrictions on use.
Maritime History of the Great Lakes