October 1899, No. 20 | The Railway and Shipping World (Toronto) | Page 288, col. 1 |
Railway finance, meetings, &c.
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The Pembroke Southern, which was built last year from Pembroke, Ont., to Golden Lake, on the Canada Atlantic Ry., 21 miles, has been leased to the latter Co. for 5 years, the C.A.R. paying a percentage of the earnings as rent. The C.A.R. thus gets connection with Pembroke, where it will compete with the C.P.R.