|October 1912, No. 176||Canadian Railway and Marine World (Toronto)||Page 503, col. 2|
Grand Trunk Railway betterments, construction, etc.
Prescott, Ont.—The ratepayers of Prescott, passed a bylaw, Sept. 23, conferring an agreement between the town council and the company, for the establishment of divisional terminal facilities. Under the agreement the land owned by the company will be assessed at $16,000 a year for 25 years, and the town will provide $35,000 for the settlement of land damages, etc. The company agrees within two years to lay out terminal yards and erect a roundhouse, repair shop and other buildings at a cost of not less than $150,000.