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| Bytown
& Prescott Railway
Chronology of Events
Excitement was in the air at Prescott and Bytown as the 1840's drew to a close. Connecting with the Central Vermont Railway at Rouse's Point on the northern tip of Lake Champlain, the Northern of New York Railroad was pushing its way westward along the south shore of the St Lawrence to Ogdensburg. With the opening of this railroad, goods could be exported all year round via Boston at cheaper prices than the exorbitant rates being charged for exporting through Montreal. Since Boston money had financed the Northern of New York, the business people of Prescott and Bytown saw no reason why these American financiers wouldn't finance a line from Prescott to Bytown. After all, an extension into Canada would funnel even more traffic into their lines. At the same time, Montreal would be even closer than before. In anticipation of these events, in June of 1850, Nicholas Sparks of Bytown and others sought approval for incorporation of a railway. On August 10, 1850, the Bytown & Prescott (B&P) Railway Company was incorporated under Acts 13-14 Chapter 132 of the Statutes for the Province of Canada. |
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Share Certificate #100, Bytown & Prescott Railway Company issued to Joel Couch, 21 November 1853. Courtesy Forwarders Museum, Prescott, Ont. Note the red wax seal. Red "sealing" wax has been melted onto the fragile paper and the seal of the railway company pressed into the hot wax. The seal is approximately 1/8" thick. Even into the 1970's, banks would use red "sealing" wax and a brass seal to "close" important shipments such as share certificates, bonds, and bags of money. |