Yes as Tespects the prairie section. As I said I do not personally attach much present value to the mortgage security. There will come a time in the development of that property when the mortgage will become of value. For the present there are other mortgages ahead.
It is one common mortgage on the western division, but a portion of it is specially assigned to the prairie section, so that only that much can be applied to the prairie section, but the mortgage is on the entire western division.
I think so, but the mortgage says that only this specified, limited sum of the proceeds of the mortgage can be applied to the construction of the prairie section. But it is a common mortgage over the whole western division and the hon. gentleman's view is, I think, correct.