1928 DEPARTMENT OF LANDS AND FORESTS 81 



Appendix No. 35 

 AGREEMENT made in duplicate this Twenty-ninth day of July, 1927. 

 Between: 



HIS MAJESTY THE KING, represented herein by the 

 Minister of Lands and Forests of the Province of Ontario, 

 hereinafter called the "Government," 



Of the First Part, 



— AND 



NORTH WEST ONTARIO DEVELOPMENT CO., 

 LIMITED, hereinafter referred to as the "Company," 



Of the Second Part. 



Whereas the Company has made provisions to acquire and take over: 



(a) The undertaking and assets of Twin Allan Lumber and Pulp Company, 

 Limited, which include two saw mill plants at McDougall's Mills and 

 Allanwater respectively. 



(b) The licenses of the timber limits now under license to the Montreal 

 Trust Company, being the limits heretofore held and operated in con- 

 junction with the sawmill plant at McDougall's Mills; and 



(c) All the rights, interests, liabilities and obligations of the Grantee under 

 an agreement made between His Majesty, represented by the Honour- 

 able the then Minister of Lands and Forests of Ontario, and Alexander 

 McDougall, date(f July 2nd, 1925, and assigned on the 23rd day of 

 November, 1925, to the Montreal Trust Company (hereinafter called 

 "The Allanwater Agreement" which provides for the operation of a 

 tie-preserving plant at Sioux Lookout from wood and timber to be 

 cut on the limits therein described, hereinafter called "The Allanwater 

 Limits" which have been operated in conjunction with the said sawmill 

 plant at Allanwater. 



And whereas the CoTipany proposes to reorganize the several industries 

 heretofore carried on in connection with the mill plants and limits aforesaid 

 to secure their maintenance and continued operation upon an enlarged scale. 



And whereas the said plants and limits and the lumbering industries con- 

 nected therewith, which represent together an outlay of not less than $1,500,000, 

 and provide employment for about 900 men in the logging season and 400 men 

 in the summer months, cannot be profitably operated or their operation continued, 

 unless the pulpwood on the said limits under license to the Montreal Trust Com- 

 pany and on the Allanwater Limits (which limits together are hereinafter 

 referred to as "the existing timber rights") estimated by the Company at 

 1,000,000 cords, can be marketed or "Utilized by manufacture in conjunction with 

 the said sawmill plants and the existing timber rights. 



And whereas there is no available market in Ontario for the said pulpwood 

 of which a substantial part is ripe and should be cut within the next few years 

 to prevent deterioration, and there is not sufficient pulpwood on the existing 



