Old Town did not have a standard location, size, or font for lettering on canoes. They would do almost anything that a customer was willing to pay for. The first image attached below shows some fancy examples from a Robertson catalog. The second image below shows an example from the HW model page in the 1929 Old Town catalog. Other examples can be found in the old canoe company catalogs at http://www.wcha.org/catalogs/ and in the various catalog reproductions available from http://merchandise.wcha.org/ and http://www.dragonflycanoe.com/cdrom.htm on the web.
You may be able to do some paint archeology if you have the original canvas. If this canoe was owned by your family then you may be able to dig up an old photograph. My general advice in situations like this is to do what you like and no one will probably ever be able to prove that it is not like the original.
This is a very small forum and duplicate postings are not necessary so you may want to remove your other one.