, 1873-05-09

Tho New York, Boston l. Montreal Railroad
Company has obtained within q few days con-
troll OF the old Vermont Central system Of rail-
roads, extending from Rutland to Bur-
st. Albans to Montreal, and also tho roads
to Ogdensburg, to Montpelier, to. White River
Junction, to Windsor to Bellows Falls, and
thenco to the Northern Railroad at New London,
Conn.,, making system Of over 200 miles COM
plated and equipped, With 200 locomotives, 4, 900
freight cars, 14o passenger and baggage cars, and
a telegraphic system. Tho road-beds are said to
be in good condition, and the equipments Us
good as those OF the Boston T. Albany. The
earnings last year we're between $500 600 and
S1,50O.0o0. The roads embraced in this system
have been in q Receivers hands for about ten
years. Gov. Smith, as Receiver, has man
aged the lines in the interest OF the bondholdets,
and his acts have been approved by DEGREES OF
tho Court in every instance. Last fall, Gov.
Smiths notes went to protest, and this broke
the credit OF the roads. He, seeing that it would
be futile to attempt to control the roads with
broken credit, went to the Vermont Legislature
and: procured charter, organizing company
mont Central. It was to absorb this entire syB-
tom of roads,, and take the place Of
Trustees and Receiver. The new Company,
it is understood, was organized. and stock
was subscribed for to the amount OF $4,000 GOO,
at St. Albans, Vt, q few days ago: Financiera
from New York subscribed about $500, 600 Of tho
stock. These gentlemen ara interested in and
own O large part Of the stock OF the New York,
Boston d Montreal Railroad Company and con-
sist Of W. Butler Duncan, OF Duncan, Sherman
l. Co.; T. y. Park: George 3: Brown: J. G.
Hoyt, 4. Mckinney. Christopher Meyer; George
q, Bissell, John L. Cheever, John $. shultz, A.
A. Seloyen, and othors. This system OF roads
will thus become practically part Of tho extern
giye system under tho management Of tho New
York. Boston e. Montreal f.; :
Western F2ni1road Consolidation. j.
George E. White, President, OF No. IA Wall
street, called, yesterday, . meeting OF the stock
Line Railroad OF Wisconsin, for the purpose Of
perfect1ng consolidation OF the rights, powers,
franchises, and property Of that railway Com
pany with the rights, powers, franchises, and
property Of the Chicago i Northern Pacific
Airline Railway Company. Tho line Of
tho first mentioned road extends from
Genoa, Wis, to Duluth, Mimi, distance Of
about $50 miles. It is consolidation Of
the Chicago l. Northern Pacific Air-Liue. and the
Chicago & Lake Superior Railroads. It was in
tended, when completed, to form q ine between
Chicago and st. Paul and the Northern Pacific
Railroad. The latest financial statement Of hand,
dated year ago, shows the capital stock to be
officers are: President George E. White; Vice
President, George q. Groves Treasurer, John
G. Bainas Secretary, William r. Ohadsey; Gen.
eral Manager, James L. Anthony. rs.
The Chicago & Northern Poetic Air Limo Rail-
way Of Illinois will extend, when completed, from
Chicago, H., to the State line Of Wisconsin (a
distance Of 49 miles), where 1t will CONNECT with
the Wisconsin Railroad Of tie samo name, With
which it is to be consolidated. Tho authorized
capital stock is 81, ,250 900, md tho funded doht
is the same amount. The consolidation will be
effected in JaneEyille. Wia., On June4.