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Central Railway Company Of Canada

Volume 65: debated on Thursday 30 July 1914

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asked the President of the Board of Trade whether, when inquiring into the position of the Central Railway Company of Canada and its alleged failure to comply with the requirements of Section 274 of the Companies (Consolidation) Act, he will also inquire as to whether certain statements contained in the prospectus about subsidies from the Canadian Government were declared by the Canadian Prime Minister to be entirely unauthorised?

I am aware of the contradiction referred to by the hon. Member of a statement contained in an advertisement which appeared in the Press at the time of the issue of the prospectus of the Central Railway Company of Canada. It also appears from the Press that shortly after the issue of the prospectus a circular was sent to all the subscribers for bonds of the company giving them the opportunity of withdrawing their applications.