March 1908, No. 121 | The Railway and Marine World (Toronto) | Page 169, col. 1 |
Railway finances, meetings, etc.
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Guelph Jct. Ry.—The report of the directors presented at the recent annual meeting showed receipts of $19,224.32, made up of the proportion of gross receipts of the railway received from the C.P.R., which operates the line, for the last quarter of 1906, and the three quarters of 1907, ended Sept. 30, and $2.88 interest. Of this $19,000 had been paid to the city of Guelph on account of interest since the last annual meeting, and $125 before it. The report also says:
While the increase in receipts is gratifying, it must not be overlooked that they are to a considerable extent caused by the construction of the railway and branches to Listowel, and every opportunity should be taken by the citizens of Guelph to avail themselves of the opportunity of using the road in their own interest and that of the city. No doubt the branch from Linwood to Listowel will be opened early in the coming summer, and will very materially add to the traffic of the road, and there is every prospect that the much desired station at Guelph will also be built during the year.