The Portland daily press., 1882-06-09
RAILROAD NOTES.
The Lease of the Eastern.

In regard to the rumors of negotiations be-
tween the Eastern and Boston & Maine there
is no doubt that the management OF each of
the roads has been requested to state its terms
for lease. To this the Boston & Maine re-
piled that they did not desire to lease their
road upon any terms. The Boston & Maine
can doubtless lease the Eastern if suitable
arrangement can be made with the stockhold-
ers All the bondholders can ask is that their
per cent. interest be guaranteed to them from
the first of September next. It is more than
doubtful whether the Boston & Maine can
safely meet the stockholders upon any terms
they are likely to demand IN connection with
the lease.
Portland 81 Ogdensburg.
The Portsmouth Journal says: oThe B. @.
& M. Railroad controls the charter OF the Me-
redith & Conway railroad, corporation ex-
listing on paper, but if the litigation now pend
ing in the United States Court in this State,
between certain bondholders of the Portland
& Ogdensburg railroad and the managers of the
P. & o. shoald result in the change of owner
ship of that part of the line of the p. & O. rail-
road which is in this state, there would be
lively movement to possess this piece of road,
which is the key to the White Mountain notch.
1t is stated that several railroad managers have
an eye to this property as part of the direct
route from the West TO the seaboard, and the
energetic manner in which the Boston q
Maine is pushing the completion of its double
track east of Newton junction, is one evidence
of this fact"
The White Mountain Travel,
The same paper further says: 1.-THE Boston
&sMaine road will soon have double track
between Newton Junction and Scarborough,
and thus be able to shorten the time of its
Portland trains The B & NJ. and the B., G
& M. railroads will not quietly see the Eastern
enjoy its magnificent White Mountain traffic,
without an attempt at some time TO repossess
themselves of portion of it. These roads
have directors resident ia this state, who have.
sharp eye at ali possibilities, while the man
agement of the Eastern is in the hands OF nom
residents, with not a director resident on the
line east of Boston. While the Eastern is fur
nishing the public with superb cars and roll
ing stock of unsurpassed excellence, its old
rival the Boston & Maine is making ready to
put down its double track in preparation to
make new attempt upon the passenger traffic
from Maine, by atfording more rapid transit
on double track. The enormous business of
the Eastern between points connected by
single track is of course done by telegraphic
despatching, but convenience as well as safety
should induce the managers to increase every
year the length of the double track, and espee-
tally to extend it between Ipswich and Green
land"
Notes.
Tie mountain and seashore cars will be put
on the Eastern in a few days
Mr.. John Mains has been appointed Asss-
tant General Freight Agent of the Grand
Trunk-as the Pres stated was probeble-and
will proceed to Detroit to assume the duties
Monday. Mr.. Fred Smith, the efficient cash
Ter of the freight department. has been pro-
NOTED to the position of Portland agent in
place of Mr. Mains.