New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1893-11-01
MAKESANOTHERD DEAL
THIS TINE He WILL BUILD A NEW ROAD
TO BOSTON.
THE MANHATTAN ELEVATED ALSO FACTOR
4 RIVAL FOR THE CONSOLIDATED PROM
IsED N SIX MONTHS.

THE MANHATTAN ELEVATED ALSO a IAOAOiS
RIVAL FOR THE CONSOLIDATED PROM
IsED IN SIX MONTHS.
Boston. Oct. 3l.-At the meeting of the direc-
tors Of the New-York and New-England Ran
road held mere to-day, Mr. McLeods plan lor
an independent line to NewYork was formaiiy
approved, and authority was voted to the OIL
GERS OF the road TO carry it into execution. Inc
scheme involves the construction of new roau
from MIL Plain, near the New-York State hne'
to New-York City and the making or a con-
tract with the Manhattan Elevated halfway
Company for the use OF its tracks to distribute
passengers below the Harlem. The Ryan
Mcdonald Construction Company VIII luin'S'
the capital and build the new road, turning 1t
over completed to the New-York, New-hhsi""'
and Northern Railroad Company. AS INC i".-
ter corporation is controlled by the Ne"-io'N
and NewEngand. which holds oil per cent oi i's
stock, the older company Will, IL MI Mci-eou
plans do not mscany. within a Few moh'hs
come into possession of new ana direcl hhe
between Boston and the metropolis
The connection of the New-York and New
England with the Manhattan Elevated VIII De
just above the NewYork New-Haveh anu
Hartford freight terminals near Third-aVe anu
One-hundred -and-forty- ninth-st. The SN'h-
ave elevated will probably connect WIN
the new line in a union station for passengers
and express at that point. The freight teiiii nm,
nails will be just eastward al lOil Nioii'' ~
The directors elected j. r. Odell, the present
general manager Of the Baltimore ana emo
road. vice-president Of the New-AorK anu New
England to succeed +. II. Prince. VINO re-
signed several months ago. The acuoh Is
counted as somewhat significant on the
Street "
n.ar:,or. MI 90, cold after the meeting that
II was expected TO get active construction Work
begun on the new road by November 10, a,l
that it would probably take ABOUT SIN inoi. t
10 complete the line. He also sau tia' , Wy
financial arrangements for It's construction idu
all been satisfactorily completed ana uiat no
difficulty whatever in that direction was LOOM.
for. He further intimated thal oon nSr sphnning
Il most special character We're now sha ipp1,,ii
but that the same were not yet ripe for publ
cation.
Tho announcements made b. President Nc
Ieod NJ The meeting Of the directors Oh .nc
New-York and NewEngland Ioai III Ios t,,n
were Of interest here, especially as l.SaiuS ., ~"
authorization Of contract with me MAMMA t ,'n'
railway George j. Gould is in the west put
before he left the city he denied thdl "n'
arrangement had been made between ''1 VII
haitian and the New-England II , Win the
street man who has close relations WIN Wv, W.,
Gouds said yesterday that ne uiu 40 Int
lieve that any contract had been n ,5' roa1
he had no doubt that if the New-England road
came TO the second-ave terminus on the iiar-
lem River the Manhattan would pe b'du ~
agree TO any favorable traffic arrangement
4 friend Of the New-England people sara yes
terdav that contracts had been made WIN run
mans Palace Car Company for the puildlhs o.
vestibule cars for the through trains proposed 10
be run from Boston to New-York. The through
equipment would be furnished by the New oik'
Vaw-Enelaud and Northern. the extension Inc
TO New-York and the New-York and New-EnS-
land will use its surplus equipment for the de-
ycloDment of local traffic. Contracts Tor the
onstruction of the terminal station Of the New
York New England and Northern on IN" tHr-
lem River are nearly completed. The New-Eng-
land people contemplate making an ARRANGEMENT
with the Manhattan Railway by which me
latter will be able 20 run through trains from
the Battery 10 Brewsters Station, when the
Eew-England's extension Is completed. Mr.. Nc
June.