Railway finance, meetings, &c.

Irondale, Bancroft and Ottawa Ry.—By an act passed at the recent session of the Ontario Legislature the I. B. and O. Ry. Co. bas been authorized to sell its line to, or amalgamate with the James Bay Ry., the G.T.R. or the Toronto, Lindsay and Pembroke Ry. In connection with the passing of the act some opposition was made by the Misses Pusey, daughters of the original promoter, the late C. J. Pusey, but was withdrawn on the promoters of the bill stating that their interests would be protected. A writ has been issued by F. C. Jones, a shareholder, who seeks, as assignee of the share of the late Sarah H. Jones in the property of the late C. J. Pusey, for an injunction against L. B. Howland, President and General Manager; Z. A. Lash, K.C., and H. S. Mara, who are holders of large interests in the line, from proceeding ,with the sale of the railway.

Railways: G.T.Ry., I.B. & O.Ry., J.B.Ry.

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