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The following diagrams illustrate the method: L'exemplaire filmd fut reproduit grice A la gtinirositi de: Harold Campbell Vaughan Memorial Library Acadia University. Lee in'iagaa suivantea ont M reproduites avec ie plua grand soin, compta tenu de la condition at de la nettetA de I'sxomplaire filmA, at an eonformiti avec lea conditions du contrat oe filmage. Lea axemplairas originaux dont la couverture en papier est imprimte sont fllm^ en commenpant par Ie premier plat at en terminant soit par la darniire page qui comporte une smpreinte d'Impresaion ou d'iSlustration, soit par Ie second plat, salon Ie caa. Tcus las autres axemplaires originaux sont filmte (?n commenqsnt par la premiire page qui com^.iorte une ampreinte d'Impresaion ou d'lllustration at en verminant par la darniire page qui comporte una telle empreinte. Un dee symboles suivants apparaitra sur la damiire image de cheque microfiche, selon Ie cae: Ie symbols — «» signif:e "A SUIVRE", Ie symboie V sigsiifie "FIN". Lee cartes, planches, tableaux, etc., peuvent dtre filmia i dee taux de rMuction diffirents. Lorsque Ie document est trop grand pour dtre reproduit en un seul clichA, il est filmi ^ partir de Tangle supirieur gauche, de gauche k droite, et de haut en bas. en prenant Ie nombre d'images nicessaira. Lac diagrammes suivanta illustrent la miithode. 1 2 3 1 2 3 4 5 6 ^ TORO] R Total Lei FIRST S WITH A mi CAPITAL BONUSES a As foUowa'r TJxbrid BONtfSHS Fm Upon $126,C for, £ HON. ' He HON. W. F. OAl'T. WM. < H. S. ti G. 1.^ H. P. THOI join A. M THE TORONTO AND NfflSSING RAILWAY COMPAQ Total Length to Lake Nipissing, about 200 Mdes. FIRST SECTION, FROM TORONTO TO COBOCONK, TOTALCAPITAL, $3,000,000. CAPITAL FOR THE VlRSrSECTWN, (Main Une,) $1,275,000. ,, Mowb: City of To^nto SmOOO; BONtlBES yet to .e o.taine. .^m t^ose for t.e Lindsay Branc. HU8T ISSUE OE STOCK ^'n '^^^^ ^^^^^^J^^^' upon which wiU he Issued Bonds tor $476,000, upon S126.000 of wMoh a .aua»>.e ^^^^JJ^Sr^^t? S^^ >""* PRESIOENT, VlOE-PRSSiOENT, OIRECTORS. iN, f'r<>r,u.-Kil ■ y. u\\i Esq. A''''''"'' /'>^'^""- , „ .roHN 1-EYS. RsQ., S,>h.;tor. \l W, KLLIOTI', Esq. LI). V. ItMBm-ALFK V. 1'. COCKHUUN, \'-^>i- >''l- \1,|). DICKEY. JOHN 8ME1)DEN, Ksq. ,1 1). MERKK'K, Esij DK \VR((1HT. HON. M. <' W K M.MABTEll. Ksw> ('APT 'i AY LOR. „ HS. how LAND, E^Q.. '"''"^ G. LAIDLAW fi^Q. u p CR08BY, Esq., M.'l- TOHEPH «iOULD, Esq. JOHN (K)KDON,^ E^Q. A. M. SMITH, Esq. Bl COUNSEL. ▼ r 4 ff m\n LEYS, v:sl^ ,:H«ooua!A: • Cl *.i 1 ViftJ W ,ul>iJ..UU^.. BANKERS.^ , BANK MF TOEONTU. ^ ^(yV BROKERS. " ' rfeiiA'n"^ dsT;RU. SECRETARY. , . OFF1OE8 46 FRONT STREET, TORONTO. - f mi r-» A ••■^ il'?T . r..«5fSH'=™'-"" FliOi^rEGTUS. ,i,„.s „!■ li.iUv.y vrnj,.,.t.a io, ..kuI '.™"'* ; ;'"'' ''l^^.'^i^.Ao.ns nf Jsorwav an,! S^ve,l,.n, m tl,.. .■ol.mi...- of ^.u.o,>»laM,l .,.,.1 ..f Railways l-mll a, ilu; ^''""■.''"I'^j^^^ ;,;..,, i„il^va>. w.-ve ..,..1,1.. .>f a,...,>n,„„ulatinK a tralli, .:f n|..mf a miUi,.n or « ,„illi.,n ar..l a half of t..u. of g.".ns V''.' . j,^, '.,,^1.^ Htol.png.>«, ju (^Il ^ - ^^^^^^^^^^^ ^^^^_^ ^_^_, , ^„^„,,„ j„^,,„„^,,,, ^ J,,,,,. ,lu.,vf,.r.. ,vs..lv,..l tn .„u ■l-„,„nt.. an.l \n>i^mil ii*'l"'»i') ''"'";' Jj^ , ., ^^^i, ,,„, ,ix itwli gaUfife, illiy to.VSt .'ean.«6i«.l a„.l .■di...'..', maunm- s,n..' tU.' T...-..nto an.«Kil**>u-Kr»l^vaV^^^^^^ ,„„sist.nl "■ill. a toUil cost of ?U',000 l'''' "' ' , ,, ,,,, ,,,,. tVBtioif);? Jiailway, two tot »i(H»V J" MfrijvM«tiU«J'''-<'. Tho l)i«« t«n.- fei^^.^:*" '";**''' •'*" ;^;JJ; „,,pvo>,n,K,u..s .loHulv t. lliat of th., N..rtluTU liailway, au.l with th. \V;a.'i<,:ti«)iBa(*taii4paw1>gW' ♦'"""• '* ^^^^.^.^ ,, „„, iJihIkw nn.l Tort Hopes .it m. th.. l,oM.(..n a...l I'.at ,v..,,tion of th.. h.,nl..r tram.., laiy.'ly .'X. <■-'■ SU.nl.-v liaihvay. , ,„.,„i ,.f lh<. i-i^l'» '" 'l'"*^'' <" ''^'l'''^'' inv.-^t...! in Kailway .'ntcrp.^ in Cana.la, With a vi.>w to a ju»l al>l.o..t>o>"""l ^ ^^ , ^ ^ l^^_ ,)„. , „„sln...ti..u of th. l!ail"ay, lo.' ./»-//»>/ ,;/■//„■ w- also ,...s..iv,.., t.. a.k t^.. -•;;;;|^; ':;;:;;^, ;,„,u, , :,., ,„. „.,. This ,„..,po,.,i..n o.; ,i,.. . ..>> ha. ./.../. /... ,„,„, ,,, U... .nain l....'. .-.I.t--^ "- '^'l .!,'l will .i^l I-- al .a n,.a,. ,.a,-. v..,u.s - s......rili..^ whi.:h a>v ..n..x....iai..... ■ ^^ ^^^^ ^^ ^^^^^^ ^^^ ^^||.^^, ,^_,^,^, .«400,(M)(t to !«■ m.l.s..i.il..Hl in sto..k ; or th.. .vn.ainin, U.- lhn-.l.-< ol '» ;;;,lp'J;,,,i;; i',^ /„ ,,, , ,„, „„. hMan,-,. ..f about *fi,i.O() p.-v .nil.'. Thns. „■ ilmt .... a lai-.... an>..n..t is n.'t s.. m, .«.. ■ ^^^ ^ ^^^^ ^^^^.^^^^^^ ^ .^^ l„„,„,„ ity to hol.l.M^ of th.' l...n.U of tin. ,„,,,,,,|,il,lt..th..-xt..nt..fahonttw„-thu.l .1 ■ Coliiliaiiy. _ viU tliii« 1h' HlO.firtai"! nil"- Tl,,. i„l......Kt-lH.anng .'ap'tal ^^" ^ ■ ,.^,,„ „„ , , , ,.„l„„.onk, l..wa...ls L.^k. NipissinH, mih-HS snl.si.liz... .,■„.. i '•>■'-*.«.« a,M...ll.roi,.«-U...xt.m^^^^^^^ ^^ . ^ ^^^^^^^ ^,_^, ('.MuMfl^.m the loss ..i any ,., . (. .hi« l'..,.viuco with hui.l or uion.-s w n i.«i.., Hniu...--oj*,.«»^j;;,;^ tl,.. ,.ltin.a... l....nnnns at 1/vke IS.p^s n« ^^ j liie uniniii.iffot JO.; "'-^^« "■' ' ■ _ . .„i Riv.-r, ."nB.ir iz.'.l 1>V llOOI-OMK, l.iniirilt* IM<^^ '"J r. :,, ,i..nar!inli... th<. ( ".Miipimiy ffoni the loss ..1 any private. ik. i„,i, |„.iiiusn<.....f«..fully<*Wpk.Hl, tl... r.-maiuii« swtioiw i,.„i „....ssai.y lo wLum- tho ctinstawtiim ,<* the li. .• to ;, upiiut.irs of th.. first w'ctiolv tlio j.r!*!tl(*lly imliinit.«l iv t.rrilorv of twinty thouwiihi iltpiim)' iiiih'*. ;i li!v..r, with a<'.i-<*» l.>'i»ll it« «rrttitt*ii-i<«, an.l l<. Ih.. Unnit n i(. Hxio'il ill .luratioiv of suj an.l hinihiM- tiarti. <,f thi.NoHh.irtil{ail«-ay,'BJi \ vvhiun .loiiht^'iUy ...lual .a. I'Kt l;;iilwa>, w 'I'll., ^awn )iicli am.ainli'.H. ti'-ai .ly ..IK >lhli.ii'...l« -I ill thi. v.'ni t.siW. liiiiih.'i' tiaili.. • X the N.u.thfrn h 'i'*'^ • liuu f....t. au.l 11... M":"' ' tin rther t.r«m.f V.'uiw 'liUl-" 4 1 th..,man ill IS.iS, :'niomit il I iilii.. I'.,..fl. 'tol rtiA t.f 'till' Lii..l.ay an.l l'..i'l ,1 oiilv to alMiiit rtft> ikl TratHii of thu Nijrthuvn Ifnilwny of Ciii.iuU ainnuutod to Through,. Pjiaai'iiKej'H iWtiVRoi'oipts .,, .....lSt,1ti2,r><)7 'niroiigh ,......,.,, ,ili4;52 Ilinrinin^ nx|)miaHii.i.... ,.,..,. j ,....(...■.,.,„ Kxwiw of eui'uiuKs ovur running cxpeitsi . oji local tnifti(-..$lir),it8'; l)i). im Thnnij^li Trnflii: .,,' (."i.tilN L jMilfwirniiigd tHiuiil to Xlf per iinit. on i rmt of !jll5, ()()() imi' mili' ' i>l- tSj^ oh |f(l,000 poriirfti.: 3.804. ],i>cnl Trattic' Tlinjugh Trallic PlIBSUngCH Local UweiptH [ , f4r>2,3«2 Throngli " 1.1,8S4 i;;'i,niii(i L'Xpmsis '..,..: Kxt•(s^i 'if oariiiiig» ovor numinK nxpeiwtj onjlocol trstlif... 217,1 1.". J)o. on tliiuu^^'h. trtittie 7,1-lt Loeal enrniiigH tH|nil to 15 )>-'< jur ti-nt. mi (i Coat of fl, 1,000 a mile. Or 1'3,\, ]icr ci.pt. .;u *10,000 jicr mil,.. Lmsil mill Through 'i'mllic ,;..,...,.(..,... PiUWDUgOlfi JI|Oflal Kocaiptx ,,...,...;,,. ;', |.537,;W() Througli " ,....',...i 12,t»0 Ruiir.iii<{ o.vponsi'.s ...';. ^'. .;..?:.;.. ; , . V.Xi'C's^ of phrliiiifjs ovir tuiniihg exiiBiiKomiUiiocal. traffic. |l20y,5,7fH Do. oil TLrmigl, Tmrtiv y. 1,040 Or fiipial to 14 j per cent, on ?1.">,0()0 a mile (local eafniiiKs.) Oi' 22i pel- iiMit. ou?10,09«pu^; mill I20.(«)0 Ions 25,(MH) ' MH).(ilH •> \)(!x ;;«ut. i'.i4..''>8:! tun,-*, Idtttl *5r»(»,(t72,3S2 14,S84 r.37,380| i2,flfl« »l,352,2a9J S17«,OflO 4fi0,75«i , 25.3:!,-. Totiil I r-i)iiil ; Tliniiij;li Rowiljstii. i R«i>ci|it.t. i lifit-ipt«. (Jriw.'i. $41U,il3» 407, 260 650,070 »1,42.H,27.'> irn.Mi Nrtl. »1 1.1,082 217,113 'joft,;-.;-; $l.'>,4»8 7,144 !.»49 $542,7113 • «27,591 iso,9ni iT.lfl" tliviilfiiii Diviiiihil rni oil «lf',000,fli^0uu a mile. ; a mih'. a ]•:! 1 Ml. l."-. 2-.-. 1.2 14 7-8 , 1-3 12 .5-0 2-3 ■2-3 From till- al)ove data it will l)i' sei*ii that the Nnrtlu'rii Railway carriwl lui avi'iiifri- tor tlio^- nun yrui- id' 17().209 tiiii.s of tVi'i},'l_it, iiml lir,,n4:! pii..'ii'() per mile ; i,y liM on ii:lO 000 jicr mile. It is rcniarkabk' ami of coniwquence tf. intending 8ub8cril)or« for stock of the T. iV X. !{., that tlic nctt receipts for through traffic for the same yeaw only averaj,'ed |9,197 per annum, Cfpial to a dividend of ■ of nnc ]„.r ■ cnl, on a co.^st of ^l.'i.OOO per mile. This fact clearly proves tlio value of local a,s iiiiaiii.st tlirou^'h trattir. Th.- Uraiu Tmthct tributary to the Toronln >t Xipissin^ Railway uniloulj'edly will not fall lielow !»()0,()(iO InislieU, and prolaibly will largely exceed thai inmntity. The I'.isseiiKcr Tnitiic is aidicipiiteil t. aveivioe lOO.OIlli per ,uniiini. The counU'y thii.ugh which the first section of ilie Toronto & Nipissin<( Raiiw.n will |«s.s, is more populous, wealthy, and exteiu>ive tliau that tributary to the Northern l;,ulwiiv,--liein)r one of the o| list :iu,l line.st .settled diHtricts iii the Province of Ontivrio. \'ftriou8 iinsuccousfiil efforts Imve previously been made t^, uccomniodate this ii,.-itrict with railway.s. The most luoiierate e.'stimato of tho gros.s receipts from tin traihc in tiinljer, lumber, cereals, p.i.isenffers, Ac, to be carried over the T. & N. R , piace the amount at an average of #100,000 to $500,000 per annum, for the Hr.st eiglit or t^'ii years, wlieii the inillir must ueres.sarily iiicn'use to a much larL^rr amount. The tralhc to create tliis reveiuie will Iw derived from the fllowini; items, and in about the proportions .set forth: Pino, or hhwa lumber, for thi^ first, i-.^ht years, 80,0oo,000ft.. at $'2 per 11)00 ft .«l(iO,00() Square timber. 1.2.')0.000 I'l. ,'i7..5(:!) Cereals. !)0().000 bushels, at Oc. per bushel 4") 000 General ^oods, 1 .'i.OOO tons, at an averaj^o of $.3.40 |i,r ton f,i 00(} Mails and E.\presH jg oqo (Jonlwooil, 2o, 000 cords at, ^l..")0 per tord ."^T .^OO Passenj^ers, 100,000.. 100 000 .«446,0O0 Allowing 00 per cent, for ruiiniiii;- expen.^es, the uett earnhn- amount to ^1178,400, — equal ton dividend of 14 per cent, on n cost of flfi.OOO per mile; and on the actual co.sl to lii. ('om)iany of S^IO.OOO per mile, the dividend from such net! earnings wouhl be 21 )iei eeiil. The ]irovisional Directors invest their own means on their fnili in the eorrectmvs of these estimates. Tho terminus at l.'oboeonk, on the (lull Rivc'r, will connect ll: ■ Kaihv.iy with a v:isl slretih of Inl.ind Navii'ation upon which steamers now trade, and which, with compaiatively inrxpensive improvements already ii.artlv undertaken bv the (lovernmenl, will f,'ive these boats access? to the Railway, and ■ '11 alTord almost ine.vhaustibli' ..uiiidies of nine and har.l wood. 1!;; the Act of Incorporation, the ('om]iany is .specially Ikuu 1 to carry cordwood, and to atlbrd every le facility for so doing at the specified rate of .'! eeiils per cord per iiiii ■ f.ir dry wood, for all dist iiiees under f)0 mile dual pi-r ei.id per mile for all dist, me. s over .")0 miles u it which lias been found s:ilisfaetor\ . ')\ the test .if perieiiei', on the lloM'riiment Railwavs in New llruiiswick. .•*'--''r't::*;"i-"' . . 1 n,lli.m yrt tlu. «o>l l«'»«t< l-"t"'y»"*'"^' '•rLti':.:; w:i:*h'"u > -m-- -^ .....;.....,.«.•, , „„v«rt tlu'ir own s«-. » honourobly idcntitiea. oxiue.co of th.. worW. economy ^'-^^l ,,,i,Un« of whi..h iu tluH •''^^^^^fV^^^J^^ ,. the muni- ,hey have h^« experience ^l-'^^- -^ «^^ ^^ ^ ^, ,^, ^^'''''T:^ ^Z^^^^ '■^--''-• iving that the U.OS,. ...unou. anu pu.Un, ^_^^^^ ^^^ ^^^_.^^ ^^^ ^^ ^. ^^^^_ _^ _,^ ^ of thyir attuiiHou. ,i,.. (',,ini«oiv'» olliees. Front i^lr'^it- "" j, r.-<'v.'> (oul rUrkf* ,. -':::;r:;^.;rs:ir -:^^:":^^^ ' Tf,;.. ^-. 'mnvs.V«litie. onth.rouU.ot th. r,»l .->. ■"•■ ca^SiiaHl ,Y ^ wool). I'^'w- IJ'«»'«*y- '.fysTPH UnUW>, VJs-,., l'xl.ri..g«. will be coauufcMci I |mwp<'"ty '■•'ii'*'!"'"'"' mk* "1" Uii'< iMK'!!'"""-. m fiir w their iiifluLU.f ftuil tUu liouiitry "" tlw } wntriwtoni,.'""*! ni>t t.> «»;. \ilttte uikI il'i'^* i>l,.r, Toroiitii, iinil I'l-H"'* * i., Undiiay. ,„ rxViH.'.fjo- ■U)H<)N, Montn>al.. t«lv on hi>. «r>ival ..pt>r»tu>n»