p.2 A new schooner of 160 Tons Burthen, the property of Mittleberger & Co., was launched at St. Catherines on the 17th inst., and called the Lady Bagot.
p.3 A meeting of the stockholders of the new steamer Prince Edward, was held pursuant to notice at Ketchum's Hotel here, on Thursday 10th March inst., S. Washburn, Esq., was appointed Chairman, and John Ross, Esq., Secretary.
Angus Cameron, Esq., the original contractor for the vessel, and a large holder of the stock, laid before the meeting the contract with Messrs. Calvin, Cook & Counter, for the building of the Hull of the Boat, shewing the terms on which it is to be furnished, and at the same time shewed to the satisfaction of the stockholders present, that the boat will be completed on the most economical terms, at a cost of less than 4000 Pounds, which he observed, taking into consideration the great proportion of stock held in the Bay of Quinte, could not fail to make the Boat profitable and successful.
Capt. W.T. Johnson, so favorably known to the people of the Bay, was unanimously appointed Master, and the following persons a committee of management: B.F. Davy, E. Holden, John Ross, R.H. Thornhill, (Agent without salary,) Belleville.
Agent without salary, John Miller, Picton.
Agent and Treasurer, Angus Cameron, Joseph Thirkell, Esqs., Kingston.
It was moved by P. Low, Esq., and seconded by John Ross, Esq., that the thanks of the Stockholders and people of the Bay, are due to Angus Cameron and Joseph Thirkell, Esqs., for their enterprise in securing a boat on such reasonable terms.
John Miller, Esq., having been called to the Chair, the thanks of the meeting were voted to the Chairman and Secretary.
S. Washburn, Chairman.
John Ross, Secretary.
N.B. - The Stockholders present, at once paid up the two installments due on the Stock, and were highly gratified with the results of the meeting.
John Ross, John Miller, Angus Cameron, Joseph Thirkell, Esqs., are authorized to collect stock, and dispose of the few shares that remain unsold.
Picton, March, 1842.