The Portland daily press. [volume] (Portland, Me.) 1862-1921, 1882-05-01
RAILROAD NOTES.
Canada Junction Railroad.

The Canada Junction Railway Company
which has been organized at st. Albans, Vt.
has elected f. A. Metcalf President and G. N.
Bishop Clerk and Treasurer. The road is to
run from the junction of the st. Johnsbury and
| Lake Champlain and Missisquoi Roads in Shell
| don, eleven miles in q northerly direction
| through the town OF Berkshire, VT, to the
| Canada line, where connection is made with
| the Montreal, Portland and Boston Railroad at
Freleighsburg for Montreal, via West Farnham
over the Southeastern Road. With the COM
pletion of this short connection between the
Southeastern system in Canada and the st.
Johnsbury Road, it is quite probable that the
through business of the "Air Line" between
Portland and Montreal will be diverted from
the Connecticut and Passumpsic Roads, over
which it is at present carried. There is pros
pect of shortening the new line considerably by
the construction of short link between VOL
colt, VT, and Marshfield. The reconstruction OF
this short connection would, it is claimed, make
the shortest and most direct line between Port
land and Canada.
Portland and Rochester.
George P. Wescott, president of the Portland
and Rochester road, has issued his first general
order announcing that the new company, as
previously announced by us, will take posses
sion of the road to-day, will continue the old
officefs and employees, and that IN order to
close all accounts with the receiver up to April
30, 1882, parties will please settle with the Re-
ceiyer as quickly as possible.
Portland and Ogdensburg.
The Mercantile Trust Company of New York
has filed in the office of the clerk OF the Circuit
court of the United States, in Portsmouth, N.
H., an amended bill Of complaint against the
Portland and Ogdensburg railroad, and against
Messrs Spring, Milliken and Webb, trustees
under the mortgage of the railroad.
1t will be remembered that upon the case be-
ing heard, wherein the Mercantile Trust Com
pany, who own $4,000 of the bonds of the
Portland and Ogdensburg railroad of the issue
of November 1, 1871, complains that the earn
ngs of the line in New Hampshire were taken
to pay interest on the bonds secured on previ-
GUS mortgage on the part of the road in Maine
The interest on the plaintiffs bonds having
been unpaid since November, 1876, the railroad
company filed demurrer, one of the grounds
Of which was that the trustees under the mort
gage had not been made parties to the suit in
equity. This position was sustained by Judge
Lowell. The amended bill now makes Messrs
Spring, Milliken and Webb parties, as the
Judge allowed the trust company to thus
amend within sixty days from the filing OF his
opinion. The papers have been served, and the
answer of the defendants will be due at the
June rule day of the Circuit Court, the first
Monday in June.
Minor Notes.
OF the proposed fusion of the Grand Trunk
and Great Western Railroads the Toronto
Globe says: "This news will be received with
general expressions of regret By the people OF
this Province, who have much to lose by the
establishment of huge carrying NOR opoly.
Steps should Immediately be taken, both in
Parliament and the Courts, to prevent the fus-
ion from being carried into operation. The
peoplefof Ontario have too great risk at stake
to ever assent to such an arrangement"
Mr.. Foster, draughtsman in the office OF the
Maine Central Railroad sCompany, has prepar-
ed a railroad map of northern New England
ami the Maritime Provinces on scale sufh-
cently large to give the names of all the
stations on the several lines. The map will
prove great convenience to those who are
seeking new resorts and tours dnring the next
season.
At meeting of New England railroad COM
panies held at the stockholders' room OF the
Boston and Providence Railroad Corporation
in Boston, Friday, it was voted that on and
after May l. the settlement of balances for car
service between the New England roads be
made through the Railway Clearing House
These accounts have been made up at the
Clearing Houses since the date OF its organiza-
tion, four years ago, but the settlements have
been made by the Treasurers one with another.
In theIaction of yesterday the railroad companies
ofNew England have taken progressive step,
which, if successful, must result in the exten-
sion of the Clearing House system throughout
the United States and Canada
There are strong indications that the Boston
and Maine viii make another effort to secure
charter for the proposed Lake Shore Road
in New Hampshire next winter. The route
will probably be changed in some particulars,
aud there are indications that the Boston, Con-
cord and Montreal will aid the Maine in its
renewed efforts.
The Boston Transcript says Notwithstanding
the Coles Corner accident, the Boston and
Maine Railroad Company has declared its usual
per cent. semi-annual dividend.
The Eastern Railroad Company, desiring
that its rival should not have more inland
terminus in Boston in perpetuity, caused the
defeat of the Boston & Maine Railroad Com
pany in its recent attempt to secure permission
of the Massachusetts Legislature to construct
elevated tracks in place of its present grade
tracks into Boston.