The Republican journal. [volume] (Belfast, Me.) 1829-current, 1870-12-08
C ONT FERENCE WITH THE MAINE CEN
TRIAL DIRECTORS.

day evening. A number of prominent gen
tlemen Of Belfast and stockholders in the
road accompanied the committee There
were present of the Directors of the Central
road, Messrs. Coburn, Dunn Rawson and
Patten. Judge Rice, A. d. Lockwood and
John B. Brown were absent-but the two first
named were represented by Darius Alden
present
AS soon rs the conference began, Judge
Dickerson, in behalf of his associates, stated
that he understood that the meeting had come
about through an informal conference be-
tween Mr.. NIilliken and Mr. Alden, who sub
sequently made arrangements by telegraph
But rs yet 70 definite plan had been brought
to view for getting the road running
Neither had there been any reply from the
notification to have the State Commissioners
contract lie would be glad to hear from
the board on that subject
h Gov Coburn, as chairman, replied that
they would prefer to hear first from the Bel
fast directors.
Judge Dickerson said the road was availa-
BILE, rs provided in the contract aud decided
by the commissioners, ana it was hoped and
expected that the Central road would put its
trains on.
/ Gov. Coburn said there was but one opin-
ion in the Central board in regard to the
Belfast road, which was that it was not Il
completed road to be taken possession of
under the lease. Therefore the request to
put on rolling stock under the lease, is of no
| avail
Judge Dickerson said-We place ourselves
on the award of the Commissioners, and do
not contend for road absolutely completed
If we did, you could refer Us to that report.
They say it is first class, and rs the Com
missioners have decided that we have the
right and sufficient time to complete it, the
actual cost of doing might be estimated
and deducted from rental If we submit any
/ proposition, it will be substantially that
! MIR. Drummond. in reply, said-Judge
Rice, our President, is absent, as is also Mr.
Brown, and they will not return for three
weeks or more. But we know their views.
Oar action in declining the road is based on
the report of our examining engineers We
deny the contract and award Of the Com
missioners as binding and 50 holding, we
are not in a condition to negotiate for a per
manent arrangement now. When the Presi-
dent and other directors can be got together,
we will have a conference looking to perma-
nent arrangement. The gauge should be
| changed at once, if the road is to be run this
winter, and it can be kept running pending
litigation, but nothing will be done assuming
the contract to be binding.
Judge Dickerson then presented the prop
osition of the Belfast Directors. viz:
| The Committee of the Directors of the Belfast
| and Moosehead Lake Railroad Co., propose to the
! Directors of the Maine Central Railroad Co., that
the two boards agree upon the sum required to put
the road Of the former company in complete con
tlitioiI, i'll accordance with the award of the Rn-
road Commissioners and that tho sum thus agreed
upon be deducted from the rental of the Belfast and
Moosehead Lake Railroad, as fixed by the contract
of June 10, 1869, IN five equal annual instruments
| for the first five years of the lease.
| If the two boards cannot agree upon the amount
it is proposed that the determination OF this ques-
ton be submitted to the Railroad Commissioners of
| the State, or either two Of them, whose decision
| in law and in fact
| After some discussi on, the Central board
said they would consider the proposition
privately, although they did not consider it
at all admissible. Upon reassemblng, it
was announced that the Belfast proposition
had been rejected, and counter one prof
tered. On request of the Belfast directors ii
was put in formal shape, as follows
| WATERvnLE, Dec. 8, 1870
! The Maine Central Railroad Co. will loan to the
Belfast and Mooschead Lake Railroad Co. until the
fifteenth day of january 1871, and thereafter until
| the end of ten days notice by either party to
terminate this arrangement, two narrow gauge en-
gines and sufficient rolling stock to operate their
| road i'll reasonable manner, without charge, the
engines and rolling stock to be returned in good
order when taken and will make an equitable
division Of arc and freight upon business passing
| from one road on TO the other.
And this arrangement shall affect in no manner
whatever, in law equity, any matters now i'll
dispute between said company.
The engineers i'll charge Of the engines to be sub
Ject to the approval Of the Superintendent of the
! Maine Central Railroad Co.
| MeSSrs. COburn. Dunn and Patten, with MessrS,
| Drummond and Noyes us advisory, are appointed
Il committee. with full powers to perfect the mr.
| rangement upon the foregoing basis and to adj
vance the money the B. Il NJ. l.. Railroad may pay
| for changing the guage of their road.
| Attest-JoSIAH II. DRUMMoND, Clerk.
This proposition the Belfast directors an
nounced that they would take home for CON
sidcration and the conference broke mp
This proposition was considered at two
meetings of the Directors. without coming |
to conclusion. 1t was finally determined to |
call an informal meeting OF the individual
holders of the stock, and submit the question
to them. The meeting was holden on We'd
nesday evening, and after discussion, stock |
! vote was taken resu lting as follows-In favor
of acceptance Of the Maine Central PROPOSE |
ton 500 shares thrown by 81 persons. Against
| acceptance, 50 shares, thrown by 10 persons |
The Directors Immediately thereafter held
meeting, at which the following was
passed, by vote + to 3.
Whereas, Committee OF this board proposed to the
directors of the Maine Central Railroad Company that
the two boards should mutually agree upon the sum
requisite put road In the completed accord
ing award of the Railroad Commits and il
they agree that said amount should be liked BY
the Railroad Commissioners of the State, either two
of them, and taken out of the rental OF road and
Whereas, Said directors declined to consider said
propositions, assigning therefor that three
their board necessarily absent that their whole
board could not be together before the first January
1871, thercabouts and that they could get
their whole board together they would consider and
act upon the questions OF difference between two