The Portland daily press., 1892-12-20
SOME RAILROAD GOSSIP.
Boston & Maine May Have to Fight For Its
New Line and Crossing.

BosToN, December 19.-The stock
holders of the Connecticut River Rail-
road Company are today in receipt of
four-page circular copy of the proposed
lease of the Connecticut River road to
the New York, New Haven and Hart
ford.
This is said to have been sent out by
the New Haven Company, which thus
signifies it's intention to fight for The
control of the railroad. This also is tax
en- as an indication that the report sent
out from Springfield that the Connecti-
cut River road will be placed in the
hands of parties who will act in the in
terest of the New Haven road is true.
FIJI. Prince in an interview today
says that he and the people whom he
represents have secured an absolute ma
iarity of the Conn. ctc cut River Railroad
stock, despite all reports to the contrary.
Further than this he refuses to talk. He
claims every cent has been paid out by
him and says that is sufficient for the
public to know.
1t is stated that the Boston & Names
brilliant move Of Saturday night in lay
ing second track at grade over Rutland
avenue, Charlestown, after the residents
in opposition to the move had retired,
will end disastrously. 1t is given out
the company had neglected to gain con-
sent of the railroad commissioners and
that they will be obliged to take the
track up. It is a stragetic point and the
track is needed to make connections with
the roads mammoth new elevator. The
work was done in the silent watches of
the might after good citizens had gone to
bed.
AS Reported in Springfield.
SPRINGFIELD, Mass, December 49,
A war is imminent between the officials
of the Boston & Maine and Reading COM
bine' and consolidated system. The lat
ter road now resents the gigantic mid
night raid on the Stockholders of the
Connecticut River Railroad by McLeod's
skilfullieutensnt, F. II. Prince of Bos-
ton.
Some of the directors of the river road,
with the holders of stock who did not
sell out last week, have been busy this
morning consulting with officials OF the
New York, New Haven & Hartford as to
the plan of campaign. The latter has
not abandoned hope of acquiring posses
sion by lease of the river road.
| The secret leaked out this afternoon
| that new stock may be issued by the
river road, which will be Immediately
swallowed up by the consolidated and
| thus enable it to gain control. The Bos-
| ton & Maine have not sufficient stock to
| lease the road, but claim to have enough
| to prevent ratification of the lease with
| the consolidated system.
| A sensation is anticipated at the NEE :
| ing of the river road stockholders in this
city next Friday.
At the meeting the directors who
sold out, it is alleged, will be charged
| with breach of trust and treachery as
| loyal directors. 1t is stated that they
would never have agreed to the lease had
| it not been for the fact that the full
board expressed itself as unanimously in
| favor of the transfer of control.
| Should the Connecticut River directors
| fiud themselves really in the minority
there will be some determined action to
protect their interests.
| The directors who promised to carry
| out the lease to the Consolidated road
have issued letter for proxies to the
stockholders. A secret meeting was
held at midnight Saturday in this city.
Vice President Tuttle and three .promi-
nent directors of the Hartford road
were present. Then it was decided adj
yisabie for the Consolidated to press its
1 fight in the event of the slightest oppor-
tunity at the coming meeting.
/