The Portland daily press., 1871-02-24

and tbe localities through which 1t passes.
We think that the Legislature will be unwlll.
inn. in granting the extension or time ior the
location of the Portland & Rutland railroad
to allow this road any prAtext through false
Interpretation OF language, whereby if it can
not do the Portland and Rochester injury, 1t
may annoy its progress. After this assumed
location OF the Portland and Rutland railroad
has. melted out IFS injustice to the Portland
and Rutland railroad, It passes along and is a
competing line with the Portland and Ogdens-
burg, and at point near the town OF Cor
nish, its location is within quarter OF mile
OF the last named road, distance OF ~ mies
from the city of Portland. The Portland anu
Osdensburg railroad has just issued ponus a NJ
the amount OF 100000 the avalss 10 TO-; Do cd
Tor the further construction OF ll's - ~
II is &C mpany should not be emoarrasseu III
the sale OF these bonds by an unwarIantaDie
construction of a charter whlch Allows the
friends of the Portland and Rutland road to
uublicv announce that they also intend as
competing line to claim a share OF the bust
ness which riehtfully belongs to the Portland
and Ogleusbnrg Railroad Company. The
city OF Portland is taking a deep interest iu
this matter. 1t holds mortgage of $780,
O00 on the property, franchise, &C., OF the
Portland and Rochester railroad. The CITY is
also Indirectly interested in the issue OF $3.50,
ooo more of bonds by this corporation. The
city OF Portland is also a subscriber to the
stock OF the Portland and Ogdensburg to the
AMOUNT OF 100000. The citizens have SUBJ
sGrlDed S2o,OOO. In fact, nearly $2,500,OO0
are or will be invested in these two roads by
the city and citizens OF Portland. These large
investments are liable to become deprecated
ny an warrantable assumption that there Is
70 be parallel line. Strange 1t IS TO say, tne
Portland and Rutland Railroad Company
came to this Legislature two years ago, with
a.request that this charter might be so altered
as to allow the corporation to enter the city
OF Portland; if this right existed in the Orl-
ginai charter, why did this company thus pre-
sent itself? THIS request was not granted,
anu the company has assumed 10 run into the
ely OF Portland on its own book. Two years
ago the Board OF Trade of the city OF Portland
BY a vote Of 81 70 /, -objected to this road
coming into the city OF Portland any other
way than by the provisions of the charter.
The cry government took similar action.
The citizen OF Portland are as unanimous
on this qknStion to-day as then. think by
afew thus deston is not understood. This
Is the reason why there have been few Pc
ut'ons against res raining the charter of the
Rutland railroad. This course Of the Port
land and Rutland railroad has done the city
OF Portland and the great railroad interest OF
OF that city great wrong. The Revised
Statutes says, chap. 46, sec 16, "acts of incor
poraliou passed since March II, 1881, are liza
bic TO be amended, altered or repealed by the
Legislature as if express provision were
made in them" We do not ask for any I'M
warrantable legislation under this act, not
outstanding our grievances, but simply, in
granting renewed powers, po 1ers that are ex
hausfed, that this privilege of location may
be SO regulated and understood, that we may
no longer be troubled with an arbitrary as
sun pton of power. Pass this act and ii
simply gives the Rutland interst what the
Legislature gave them three years ago, ana
takes nothing away. We are not enemies to
the Portland and Rutland railroad, or its dis
tInguished presideni-personally we like him
lie sets US good example for perseverance
under difficulties The Portland and Rochester
railroad and the Portland and Ogdensbure
railroad companies have been and are ready
to treat with this corporation on the most Ia
vorable terms, and when it is ready and de.
slrrs 10 come, over either track into the city
OF foflland, 1t has the unobstructed use Of
tle great MARGINAL wav