George Taylor FULFORD

FULFORD, George Taylor, B.A.

Personal Data

Party
Liberal
Constituency
Leeds (Ontario)
Birth Date
May 6, 1902
Deceased Date
December 15, 1987
Website
http://en.wikipedia.org/wiki/George_Fulford
PARLINFO
http://www.parl.gc.ca/parlinfo/Files/Parliamentarian.aspx?Item=2f7b72f6-7623-44be-99f7-7f3880d0cc1d&Language=E&Section=ALL
Profession
executive, manufacturer

Parliamentary Career

March 26, 1940 - April 16, 1945
LIB
  Leeds (Ontario)
June 27, 1949 - June 13, 1953
LIB
  Leeds (Ontario)

Most Recent Speeches (Page 5 of 43)


June 27, 1952

Mr. Fulford:

The tolls come under the jurisdiction of the Railway Act. Naturally the Board of Transport Commissioners for Canada will ultimately be required to set the maximum tolls payable, as will also the corresponding body in the United States.

Topic:   OGDENSBURG BRIDGE AUTHORITY
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June 27, 1952

Mr. Fulford:

The company that has been set up and authorized by the New York state legislature. When the act was passed in May of this year it set up an authority with the power to raise the necessary funds in the United States. It is a private authority. The bonds do not have any government backing in any way. I understand, however, that a traffic survey was made by the state of New York before the New York state assembly passed this act allowing the authority to be created, and it was found that the traffic to be served would warrant the expenditure of a large sum of money to complete a bridge between Ogdensburg and Prescott. Therefore, with this blessing, there is no reason why the authority as set up in the state of New York cannot raise its funds

Private Bills

through the usual financial channels-banks, trust companies or otherwise

in the United States. I do not anticipate that any money will be raised in Canada.

Topic:   OGDENSBURG BRIDGE AUTHORITY
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June 27, 1952

Mr. Fulford:

The width of the St. Lawrence river in that district-that is in the area five miles east of Prescott and five miles west of Prescott-is almost an even mile. Not being an engineer, and not having seen the engineer's plan, I do not know how long the approaches will be. But as to the United States approach of the Thousand Islands bridge, where they have to go up from the river level to the height required for navigation purposes, it is just under half a mile.

Topic:   OGDENSBURG BRIDGE AUTHORITY
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June 27, 1952

Mr. Fulford:

As to this clause 4, referring to the $1 million of capital stock divided into 100,000 common shares, we find that this method is similar to the method in the bill with respect to the Thousand Islands Bridge Company, which was passed in this house in 1934 and amended in 1935. In that case-and we have every reason to believe the situation will be the same in this one-when the companies were amalgamated the stock was absorbed by the United States company. The bonds were sold in the United States. The financing was all done in the United States. No Canadian money was involved in any way. The stock can either be paid for outright by the directors or it can be sold on the market, or it can be acquired through the purchase of debentures, but ultimately it will be retired, along with any bonds or debentures, and the bridge will then be turned over to Canada and New York state free of encumbrance.

Topic:   OGDENSBURG BRIDGE AUTHORITY
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June 27, 1952

Mr. G. T. Fulford (Leeds) moved

that the house go into committee to consider Bill No. 365, an act to incorporate Ogdensburg bridge authority.

Motion agreed to and the house went into committee, Mr. Beaudoin in the chair.

On section 1-Incorporation.

Topic:   OGDENSBURG BRIDGE AUTHORITY
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