Morning journal and courier. [volume] (New Haven [Conn.]) 1848-1894, 1892-03-28
ACQUIRES AN0THHH ROAD.

The Consolidated Roads Important
New Acquisftion-On TO BosIon-A
Steamboat Line rs weII-wiu Erect
| n Largo New Additional Building
for Railroad Omces Near the Depot
Here.
| The New York, New Haven and Hart
ford Railroad company has acquired pos
session of the New York, Providence and
Boston railroad line and the latter's branch
to Worcester, also of the latter's steamboat
line, the New York and Stonington. AS
Vice President Tustle said last evening.
the facts are as follows: 'Tt is true that
at meeting Saturday of the directors of
both roads an agreement was entered into
| whereby the New York, Providence and
Boston railroad passed under the control
| of the Consolidated road. The general ar
| rangement of the lease and the terms will
| be considered later on. We have merely
agreed to bring the two properties together
subject to the approval of the stockhold-
ers, and in the meantime the leased line
will be under the management of its pres
emit officers, subject to the wishes of the
Consolidated road. The Stonington steam
boat line is also included in the arrange
ment. The arrangement is only for twelve
months, in conformity with the state law,
and it remains for the stockholders to saw
how long and at what terms the line shall be
continued. am not at liberty to state the
terms of the present contracr, but when
the proper time comes the stockholders
will be made acquainted with the prelimi-
nary arrangements and on that basis can
hair nj tha tsrt
sary for an extension of the line.
This will give the Consolidated road an
opportunity to extend its lines in the di-
rection of Boston, but what the company
will do in perfecting it remains TO be seen
We are on friendly terms with the Old
Colony road ard shall continue to use it's
tracks into Boston from Providence, and,
so far as l know, no attempt will be made
at present to acquire through line of our
own.
"We are on terms of most friendly and
amicable character with the Boston and
Albany railroad and are not disposed to
ignore the Boston and Albany railroad, as
has been stated in a newspaper report yes
terday. Our relations are mu tually
friendly"
1t was also officially learned last evening
that "the exact location of the new build
ing which, by vote of the roads directors
Saturday, is to be erected in this city for
the railroads offices has not been decided
upon. That is e matter yet to be deter
mined upon. The Consolidated road has
an abundance of land suitable for the pur-
pose near the present Union depot. Where
the site will be selected is matter TO be
fixed upon later. The building to be
erected will be large structure, large
enough to contain all the railroads offices.
1t will be a oommodious, well-built and
handsome structure, and thoroughly fire.
proof. Not a scratch or line on paper |
has yet been made for plans for the new |
structure, but it is the intention to have |
the building erected during the coming |
summer"
The railroad company has well started |
the work of repairing the damage done |
the Union depot. The tower is not to be |
rebuilt The offices of the company in |
the second story of the burned depot will
be cleared ont and used by the superin- |
tendents of the various divisions and other
officials directly connected with the man
agement of the roads until the new build- |
ing is built, and the accounting and audit |
ing departments will remain temporarily |
where they now are, in the building on |
Church street.