New-York tribune., 1900-01-12
TO TAKE IN FITCHBURG ROAD.
DIRECTORS WILL PROBABLY VOTE Fo

DIRECTORS WILL PROBABLY VOTE FOR
THE BOSTON AND NAMES OFFER
Boston. Jan. 1.-THE Post" says that the Board
OF Directors Of the FTtchburg Railroad al their
meeting next week viii vote 10 accept the offer
made by the Boston and Maine for a lease Of the
former corporation. according TO statement made
BY railroad official holding an authoritative place
in the Boston and Maine.
The Executive Committee OF the Fitchburg
directors. IL IS stated had assured the Boston and
Maine officials that their offer Of per cent for the
preferred and per cent for the common stock is
accepted. so far as they are concerned and that
they will urge majority vote al the coming meet
ing
There is no doubt, it IS avowed. that the full
Board Of Directors viii support the Executive Com
nlittee though just how the three State directors
VIII vote is not known. However. The Post'sr IN
formanJ added q majority vote would rule and
the matter would pass along 70 the Fftchburg
stockholders for further action.
President TuttIe OF the Boston and Maine was
asked 4 II was true that understanding had
been reached between the executive officials Of the
railroads He replied that he could not properly
add 10 his statement published earlier in the week
President Goldman OF the Fitchburg and the other
members Of the Executive Committee could not De
reached when an effort was made TO ascertain their
views
As The common stock is virtually held by the
State, the main contest It Is thought will be In the
House when the lease comes 70 q vote
The Canadian Pacific viii also take hand in the
fight. it is thought With the Boston and Maine in
control OF the Fitchburg the Canadian road would
suffer greatly from discontinuance of the Western
business now handled by It through the Boston
and Maine and IL viii. it is coutended oppose the
lease
Dr. W. Seward Webb. who is closely allied with
The Vanderbilt and New-York Central interests
and who Is IA this city, asked to-day about
the report that the Vanderbilt interests and the
New-York Central were trying TO secure the New.
York New-Haveu and Hartford He said.
I know absolutely nothing about such q propo-
sirion"
Dr Webb IS a director Of the FIrchburg Railroad
He was asked about the proposed lease OF that
road 70 the Boston and Name. He said that the
matter would not be decided until next Tuesday
when the directors meet, and added;
think it is very questionable what action the
directors viii take. For my own part / think Il
Is pretty good thing 70 have Important line IN
New-Eugland- found the FiJchburg in pretty
good shape ana. as say, l DO not know why IL
would b. q good thing 20 have independent
line in this SECTION
Some OF the directors Of the Fftchburg road r.
appears. oppose the lease Of the road on the Der
cent basis. believing that per cent could De oo-
tanned. Robert Goldman. chairman OF the Execu-
tive Committee was asked this afternoon about
the matter He said.
Yes We expect opposition TO the lease at the
Dr6ba57y vii x6ress 5keir Isa8proVsI @ ~ aI ms
meeting. Just now strong the opposition is
rectors representing the committee viii oppose the
lease not
carry the matter. But The Fttchburg directors
have been in the habit Of having harmonious meet
Hss @ ne Rey @ Rax5 se e6TTe n Ts T o. pro9 GsLions
would not be disposed 70 do anything against
lDous vore W. 40 not anticipate anv great o.
position, however. 70 the lease matter