Burlington weekly free press. [volume] (Burlington, Vt.) 1866-1928, 1869-03-05

would not recJnciled. and so tlro Vernon
companies were chartered and two practicall
parallel Dads built, one by the way Of Manches
ter and Bennington to Eagle Bridge, and tn
other + y the way Of Castleton and Poultney t.
The "a me point. The Troy people took hold and
built the road from that point to Troy. and call
e1 the " Troy * Boston road, with the idea
5h-.t it was bound to he part Of great thorough
/ "a e between those cities, ty way Of Rutland.
/ The strife between the two sides Of the rail
ro.li ellipse between Rutland and Eagle Briire
or in other words between the We stern Yer.
mont and Rutland & Washington Roads IN o,ir
or keep their respective shar : If the ,b,,r,
ira vel, the irtolc Of which couId hardly b,y.
made either paying road at that time
soon exhausted them. The Western Vermont
went into the hands Of the Trustee, Of the first
NOR tsage bonds, am in time they leased it f1r
te' years to the TT oy J., Boston Comranv.
Two or three Years before tina, lease expired.
3 7. W Park, Z %, Of Bennington. returned to
/ Vermont from Ia.ioruia. with a fortune. made
/ in Marp7sa. and among hi- earliest investments
was the purchase Of enough of the frs. Mort
gage Bonds Of the Western Vermont. TO make
him practically the owner Of the road. of
course the lease TO the Troy * Boston Road held.
notwithstanding the change Of ownership. Mr..
Parks relations with the lessees Of his r9g q
were altogether friendly, as We have always un-
derstood, and li, friendship soon stood the, In
good stead.
The managers of the Rutland a. Burli ngton
Road had now been dong business FIR e. -bt or
nine years with the Troy IS Boston ma aa-ers.
and had become thoroughly tireI of thei, way Of
doing business. Iao Tsoy gentlemen 4ppelreI
70 consider Ielmo 1t road, aud intere=. 5 Of very
htie account anyway. They iissm tel their
local cls'ome' IS ty exorbiiaut rates + fare anil
=At ap In al. arrangements yi The But-
''ii N arlington managers for u e through
travel AL shown themselves -ras ing, arbi-
.raiy' ulijeral. unreliable and emb .rra->in- 20
DC gree which became iutolsi able The
'n' land * Burlington Managers stood it
long as they could, and then q 1863 hay-
ing made favorable arrangers ut for the
through business with the Reusseis ar and Sara
tar4 Road, which. by the way, had now leased
and controlled the Rutland * Wash n-tou Road
they sent al the business they could that way.
and ceased TO pay any particular attention TO the
Troy and Boston people. The T. IS B. trains,
If an instant late, came into the Rutland lepot
q, ste the Rutland 81 Burlington trains moving
ollr a, the other end. and the T. & Z. Road 70.
course got n.ta carload Of through freight from
the North This state ot the case At once aiect-
81 pretty decidedly the treasury of the Troy *
B stou Co. and, a- We have heard. they go, Mr.
Park TO 20 and see what he could 10 for them
with SIR Page mot then GOVERNOR who was the
mauaein- trustee Of the r. * B Road. Mr..
Park w4- informed. ge believe. by Mr.. Page,
that there WAS Ho amnesty on the par, Of the
Rutland Road towards him or his road, and
that when be got control Of It, il would be
an easy matter 20 renew connections but that
they hal broken with the Troy Is Boston men
because they found +, ia possible to 10 business
with them, and +, was useless to propose ar
fragments TO which those gentlemen were par
ties
The Troy Boston Co. next came TO our
Legislature for relief Mr. PARK had accepted
an election 70 the assembly and took charge Of
their case. There was sharp contest, ending
in the passage Of a law, forbidiing Roads to give
TO one of two competing connections advantages
denied to another, and referring cases Of non
compliance with the law to commissioners ap-
pointed by the Supreme Court with very full
power TO apply relief
This act our Montpelier correspondent-as We
notice on glauciug back through our files AT the
time-callel "a "practical surrender TO Mr.
PARK It was certainly due to Mr. Park, ef-
forts, and was a very substantial favor rendered
by him TO the Troy and Boston people. That in
the face Of this and other important pieces Of
service received at his hands, the Troy x Boston
managers should have Immediately proceeded Sc
cretIy TO as sell hin. out, Iy making an arrange
meut " It'll the Rensselaer, s. Saratoga Road, by
which while it continued Mr. Parks road was
made WORTHLESS. and the section relying on It for
railroad facilities was as tightly bottled up as
Ben Butler oa the James River, IS one of ,he
mos; mysterious pieces Of treachery, we ever
heard of. The future insanity OF the Troy s.
Boston managers may some oft be explainahle on
the score that the control Of their company had
practically passed into the hands Of the Renssel-
aer and Saratoga Co, but for this earliest folly
we have never heard an approach TO an adequate
explanation.
Their conduct Of course at once made an open
fight between them and Mr. Park, who was not
disposed to lie quiet under any such injury, which
has continued in various phases, personal, legal,
and legislative. to this time, marked by thefre-
aueut discontinue Of the Troy 81 Boston Co
and by the complete and final success Of Mr..
Park. The main features Of the aiIair-the ex-
ira session: the charteriug Of the Lebanon
Springs road; the securing Of the means for its
construction by bonding the towns; the contest
in Bennington Co. over the bonding question;
the rapid construction Of the road by Mr.. Park
as contractor: the sale of their bonds at par by
the towns, to purchasers procured by Mr. Park,
thus saving the towns all risk or expense for the
road, and other subordinate circumstances-all
have been fully recounted in our columns, and
We need no; repeat them.
/ The Leban, Road, giving a southern connec-
/ ton Of far more value to all Western Vermont
than the Troy * Boston Road ever was, is now
an existing fact 1t Is built and running. On
the llth inst. it was leased perpetually to the
/ Bennington Road, thus making one concern
| from Rutland to Chatham Four Corners, where
! it connects with the Harlem Road and with the
Western Mass Road. At the same time four
fifths Of the stock and bonds which represent the
ownership ofthe Road. were sold toa very strong
concern, consisting Of Mr.. ". B. Duncan, of the
heavy banking firm of Duncan Sherman x Co,
of New York; Oliver Charlick Esq, President
Of the Long Island R. r. and the heaviest stock
holder in the Harlem Road save Vanderbilt; Gen.
H. II. Baxter. director in the y. \. Central;
Messrs Tilden, the heavy real estate owners and
manufacturers at Lebanon Springs; and Mr.. A.
A. Selover Of New York The ownership Of the
other fifth of the stock is retained by Mr.. Park.
1t will be seen that this new company CON-
bines every element of strength, in great wealth,
experience, associations with heavy connecting
i III