January 1912, No. 167 The Railway and Marine World (Toronto) Page 29, col. 3

Railway finances, meetings, etc.


Canadian Northern Ontario Ry.—Lazard, Bros. and Co. issued a prospectus in London, Eng., Dec. 7, of £7,000,000 3 1/2% first mortgage debenture stock of the C.N.O.R. Co. unconditionally guaranteed as to principal and interest by the Dominion Government, repayable May 19, 1961. The issue price was 93. It is secured by a first mortgage on about 970 miles of railway now under construction. The proceeds are to be used for the construction of the Montréal-Port Arthur line.

Railways: C.N.O.Ry.