Lake Scugog Historical Society Historic Digital Newspaper Collection

Port Perry Star, 24 Sep 1913, p. 1

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A Li I RR ee, ' THE RAILWAY for Primoe Albert; but changes rival villages im Reach Prince Each place bad its song men 'a man of quiet deteymmmation, Et ped te ig on and after Saturday, the first day of November, "to, £88 dhaschlins of secon of And of Oct , 1918, "but 50 long as be was president of that organization, he could not legal- ly do this. Accordingly he resigned his position, and loaned the com- ~ pany $40,000. James Dryden became president. "T. Paxton, Jos. Bigelow, C. E. English and J, Dryden, Esqs., have disposed of their interest in the Port Whitby and Port Perry Railway by a transfer of seventy thousand dollars of the stock, and some eighty-three thousand dollars of the bonds of the Company 10 James Austin, President of the Dominion Bank, James Michie, wholesale merchant of Toronto, and James Holden, of the Town of of Whitby. Mz. Dryden, the late President, and Mr. C. Marsh bawe retired from the board, and have been succeeded by James Austin as President, James Michie as Vice-President, and James Holden as Managing Director. "We understand that the gentlemen associated with Mr. Hold ~ en in the purchase are among the wealthiest capitalists of Toronto. With the exception of the changes referred to, the personel of the Board 1s the same as heretofore --Messrs. C. Draper, A. Ross, E. Major and John Dryden being the Directors. We hope the new blood and capital that has been brought into the concern will be of advantage to all concerned, and to the interests of the public - generally, "If the men who now control will do what they promise, in the way of fully equipping the road with rolling stock, which is at pres- ent insufficient to meet the'demands for traffic, and the road is otherwise put into first-class condition, we shall not regret the change. In referring to the condition of the roadbed, we may say that there is no better in the Province; and in condition to run over it is supcior to the Grand Trunk. With a change of guage of that moad, which we would be glad to see, trains could run from Port Perry to Toronto without change or transshipment at Whitby. With proper management in the Company's interest, this will be 'one of best paying roads in the country. "In geference to the parties who have had control in the past, we can assuredly say that notwithstanding all the obstacles that have been thrown in their way to embarass and annoy them in the completion of the foad, they succeeded and carried it to its present State, and have established a large and paying traffic. For so doing 00 men have been so vindictively, persistently and wantonly abused and misrepresented as Mr. Bigelow, Mr, Paxton and Mr. Dryden, and all through their honest endeavors to secure the completion of a mailway to this section of the country. # "Knowing well the importance of the work to the county and the oguntry generally, Mr. Bigelow and Mr. Paxton have been the moving spirits in this enterwrise from its first 'inception, . and they cd x Whit Tot, deserve credit for their determined and persistent efforts in its be- ~ Boneses from these | half; and, without fear of successful contradiction, 'we affirm that wese raised, divided S hecoumyis more largely indebted to these gentlemen for the com~ > $20,000; Reach pletion of the road than all the other parties connected with it. foe "These gentlemen have been charged with desiring to stop the wad at Port Pen in order to serve the interests of Port Perry : 2 alone, regardless of the Town of Whitby and other sections of the . go-ty, | but such statements are by no means true. They were they were aimed at, and to injyre the prosperity of this place, gentlemen have Sal been actuated by one motive, and that

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