The Portland daily press. [volume] (Portland, Me.) 1862-1921, 1883-09-18
RAILWAY NOTES.
New Railroad Organization

New Portland held an adjourned town meet
ing Friday and voted to loan per cent of the
towns valuation, $23, 1000, in aid of railroad
from South Strong to North New Portland.
Saturday the company made temporary or
ganization as follows:
Clerk-E. R. Luce.
Treasurer-John Metcalf,
Drectors-Jobn P. Clark Josiah Chase. A
A. Hutchins, Hoia alto Clark, zenas Vsneban.
OF New Portland: q. w. Clark, A. j. Sweet.
New Vineward;J B. Knowlton, Strong; ID.
M. Bonney, Pennington.
The road will be called the Franklin and
Somerset Railroad. The route is South Strong,
new Vineyard village, West New Portland,
New Portland Falls and North New Portland.
Much interest is manifested.
The Shore Line,
President jackson, of the Maine Central
returned Saturday evening from trip over
the shore Line Railroad. He is much pleased
with the progress that has been made in the
work. He walked over considerable portion
of the road. and says that the see merry from
Bangor to Ellsworth along the railroad will be
more picturesque than by the highway. which
Tor varied and romantic scenery can scarcely
be excelled in Eastern Maine. While at Ellis
worth Mr. jackson went before the city gov
eminent and at his request an order was grant.
ed changing the location of the road ia the
city SO that it comes down nearer the business
part The road will now go into the city
above the American House. The depot will
be on Mt Desert street or Bar Harbor road,
about 1000 feet beyond the American House.
which is on Main street.
Southeastern Railroad.
Receiver Hendee of the Vermont National
Bank OF st. Adams was in Montreal Saturday
for the purpose of comforting with parties
whose prospective requirement of the South
eastern Railway has been previously indicated,
In the event OF the Canadian Pacific and Pas
sumpic and Boston, Concord and Montreal
railroads coming into possession of the South
eastern Railroad proper it will be necessary
to secure the Montreal, Portland and Boston
Railway in order to complete their line and
make the desired connection between their re-
spectiye termini at Montreal and West Farm
ham, distance of thirty miles. This import
ant link is owned by serarate corporation and
has an incumbrance OF 1901 900 of first mort
gage bonds of which S501 900 in amount is
held as collateral security by the Vermont Ma
tional Bank on their loan of $4,000 to Brad
ley Barlow. The Canadian Pacific and other
roads interested in the line have made an offer
to Receiver Hendee for the purchase of the
bonds in question, but at a lower figure than
the receiver is willing to take. 1t is probable a
better offer will be made.
The Grand Trunk.
The Boston Globe of yesterday says: "a
rumor was current this morning to the effect
that the Grand Trunk road had leased the
Boston and Lowell, and that the Headquarters
OF the former corporation would soon be re-
moved to this city. Officials of the Boston and
Lowell, however, deny that any such arrange
ment has been made, and state that while the
question OF leasing the road has been discussed
Tor some time the matter Is no nearer settle
ment now than it was three years ago."