Early History
- In July 1849, the Toronto, Simcoe & Lake Huron Union Railroad is founded by Frederick Chase Capreol and Charles Albert Berczy
- The Guarantee Act helped finance construction of the railway through the sale of bonds, with the interest guaranteed by the colonial government.
- Groundbreaking by Lady Elgin on 15 October 1851.
- November 1852 the railway was renamed the Ontario, Simcoe and Huron Union Railroad.
- In August 1858, the OS&HUR becomes the Northern Railway Company of Canada following a government bailout.
Read more about this topic: Northern Railway Of Canada
Famous quotes containing the words early and/or history:
“Three early risings make an extra day.”
—Chinese proverb.
“Let it suffice that in the light of these two facts, namely, that the mind is One, and that nature is its correlative, history is to be read and written.”
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