Bellows Falls times. [volume] (Bellows Falls, Vt.) 1856-1965, 1897-05-15
HOW MUCH BID?


Away-What was Done at Town Meeting
Directors Hedging-Road will Probably be
Sold Soon.
As reported in Wednesdays issue of
the TIMES there was special town meet
ing held in Springfield Tuesday afternoon,
and it was voted to sell the towns interest
in the electric railway tor a nominal sum if
necessary to get the road completed.
The meeting was called to order by
Moderator c. A. Forbush and the war;
rant was read by Clerk M. L. Lawrence.
LAWYER F. C. Davis first got the floor and
proceeded to eulogize the directors he
said they had done great deal to save
the town harmless, in fact had spent over
$4,000 of their own money in travelling
EXPENSES, etc; Springfield should either
, finish the road, inasmuch as it held a
majority of the paid in stock, or turn it
over to parties who will finish it. Mr..
Davis then read motion to the effect that
the town elect committee of three to act
as agents of the town, with power to dis
pose of the towns O,0OO as to them
, seemed best
At this point N. P. Greenwood wanted
to known if the rest of the stockholders
would throw their stock into a common
: pool and let it meet the same fate that
might come to the towns stock and added
b that he had never considered the stock
e worth cent.
Mr.. Davis replied that the directors
: stood ready to give $4,000 of stock in
addition to towns stock, in short would
a ask the town to do nothing they were not
d willing to do themselves
William A. Lewis wanted to know who
was going to restore the highway to its
former passable condition.
f. g. Fields wanted to know if the
"a Davis motion met the appreciation of the
Ie directors of the road.
% E. B Finn came to the rescue at this
iuncture. He declared that the directors
talt as bad as their fellow-townsmen over
.l.e sorry condition Of affairs, "but," he
shouted with dramatic swing Of the arm,
'swhat can you do when you are held by
the wind?" He said only $54, 900 of stock
ID had been taken and of this the town held
" $50 900; the road is now in litigation, and
~ matters seem in bad way.
Q James Roby wanted to know where the
&c trains will start from, but nobody seemed
y, to know.
f. 6. Fields said he favored the mo-
ton, but thought it not quite explicit
enough; he did not want to be called from
his cabbages and haying later in the sea-
mt son to another special town meeting he
IN wanted to dispose Of the matter finally then
cb and there. r M. Colburn said Amen to
"a this sentiment.
eo COL w. H. H. Slack said he favored
H. the election of committee in no way con-
us nected with the railroad. j. R. Walker
II, spoke bril- fly.
Orrin Rice said he was willing to put his
hand deep down into his pocket to help
ne the men who for the past 10 months have
by been struggling over the railroad problem
". he had no doubt they had put all the
7. money they could spare into this enter
prise it was conundrum to him how they
OF had succeeded in making $4,000 60 a:
IT. far as they had.
ar w. F. Gilman wanted to know what
on propositions looking toward the sale OF the
road had been made.
Ell Mr.. Finn said that three were then un
ng der consideration but he was at liberty tt
ISIS speak of but one. He said that in the fev
lso months past propositions galore had beer
made, and several trades all but closed hi
rs had left James Hardness in Boston thu
E. a telegram stating that the road was sold
os- He said the directors had put their name:
=. to paper for S15, 900 and of course wer
ny anxious to protect themselves; move
len ment was on foot in Boston to form syn
dicate on a 100000 basis, Boston parties
20 to put in $4,000 and local capitalist
$4,000.
a. MIR. Davis then told of the other tw
LISS ,ub;ob Finn old ba uas not q
md liberty to speak of; they were from Wood
en- stock and Brattleboro syndicates VIII
- offered to put in $50, 900 to finish the roa
-. - and buy rolling stock, provided the com
N. pany would put in SAC, 900 of paid in stock
ont During this time the directors, the law
yers and a few others had been holdin
o,o private conference in the rear of the mod
orator and Mr. Field read a motion, tn
er' product of their combined efforts which h
ows offered as a substitute for the Davi
notion His substitute was unanimousl
adopted and n. P. Greenwood who ha
motioned to adjourn at least a half doze
u lL times had his way at last
The motion as adopted is as follows
Moved, That the town of Springfield hert
by authorizes its railroad commissioners t
sell, assign and transfer its 800 shares
will the capital stock of the Springfield electr
rim railway company for such consideration Z
they may think for the interest of the tow
'on to such responsible person or persons {
ows shall bind himself or themselves to provid
lsor for all Indebtedness of the company alread
nm incurred and shall complete and equip tt
road ard run suitable cars tor the tran
Oy0 pc tation of mail and express matter, pa
ant. senger cars to connect with all passeng,
trains on the B. & NJ. railroad running b,
tween o'clock A. NJ. and 10 o'clock p.
of each week day, and suitable cars for Il
, ID transportation OF freight-to connect wit
o nn, said b & M. railroad at some point b.
yds tween Springfield Station, n. H., and Il
der, station at Charlestown, n. H., proper,
T. c. an arrangement cannot be made to con
o., plete and run said road to Charleston
. A. proper.
e. After the adjournment small crowC
20 gathered on the various street corners ar
", W. began vigorous discussion of the situation
mr. one could hear all sorts of opinions e.
c. pressed in all sorts of language.