The report of the Bytown and Prescott Railway states that the Stock Subscriptions available exceed £55,000. The expenditure to 31st of March amounts to £10,313, as is shown by the Engineer's report of the [ .. illegible]. Steps are being taken to obtain a loan of £75,000 from the Legislature, which, if granted, will enable the Company to put the road in operation without being obliged to issue more than a trifling amount of bonds. The Municipal Council of the County of Carleton, and the Municipal Council of the United Counties of Leeds and Grenville have petitioned the Legislature on behalf of this Company, praying for the loan referred to, and there is reason to believe that the Councils of the neighboring Counties will also second the application.

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