December 1902, No. 58 The Railway and Shipping World (Toronto) Page 407, col. 3

Railway finance, meetings, etc.

...

Brockville, Westport and Sault Ste. Marie Ry.—In connection with the case of the Knickerbocker Trust Co. of Philadelphia, against the B.W. and S.S.M. Ry. Co., C. N. Armstrong, of Montréal, seeks to intervene to present the proposed sale, on the ground that in 1895 he accepted an offer of the investment company, one of the plaintiffs in the action, for the purchase of its interest in the line, which sale was subsequently ratified by the directors. Mr. Armstrong tendered the amount of the purchase money but it was refused, and no attempt was made to enforce the agreement.

Railways: B.W. & S.S.M.Ry.

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