The daily morning journal and courier., 1904-02-11
TRANSFER OF CONTROL MADE
OF CENTRAL SEW ENGLAND n. R.
 co. AND ITS LEASED LINES

To the New York; New Haven & Hart- ford Railroad Co. Yesterday New Directors and Trustees and Other Officials Elected for the Various Corr poraffons Transfsrred-ssatsme by President rfeiisn-The Recent Issue Of Debentures.
 The transfer of the control of The Central New England Railway company
 and it's leased lines to the New York,
 New Haven and Hartford Railroad company was affected to-day at the of
 See of President Chester ". Chapin, 1
 Broadway. New York.
 At a meeting Of the directors of The
 Central New England Railway com
 pany held at the same place, the follow ing directors resigned: Arthur Brock,
 John W. Brock, D. A. Geraty, H o. Se- ixas. ]. B. Bourne, J. F. sinnott. J. H. Appleton, J. A. Rumrill, J. K 0. Sher~ wood, and the following were elected in their places: J. Pierpont Morgan, George J. Brush, Edwin Milner, D. Newton Barney, Charles s. Mellen. Will liam Skinner, William Rockefeller, George Maccullough Miller, Frank w. Cheney, Arthur D. Osborne.
 At a meeting of the voting trustees held at the same place the following resigned: Robert M. Janney, John w. Hamer, A. c. Chapin, Chester w. Cha pin. Arthur Brock, and the following. were elected to fill the vacancies: T. Pierpont Morgan, William Rockefeller, George Maccullough Miller, D. Newton Barney, Charles s. Mellen.
 At a meeting of the board of directors of the Hartford and Connecticut Vest ern Railroad company held at the same place the following directors resigned John w. Brock. Arthur Brock. James Armstrong. Robert M. Janney, Fl O. Seixas, J. K. o. Sherwood, A. c. Chapin. Chester ". Chapin. J. H. Appleton. The following were elected to fill the vacan- cies: George Mccullough Miller, Edwin Miner, George J. Brush, William Skin- |ner, p. Newton Barney, Charles S Mel- len, J. Pierpont Morgan, William Rocke- feller. Frank w. Cheney.
 At a meeting Of the directors of the Duchess County Railroad company held at the same place. the following direc- tors resigned: J. F. Sinnott, A. c. Cha pin. J. w. Brock, J. K. 0. Sherwood, Chester w. Chapin, and the following were elected to fill the vacancies George Brush, D.. Newton Barney, William Skinner, Edwin Milner, Charles s. Mellen.
 At meeting Of the directors ofsstfe. PoughkeeDsie Bridge Railroad corlf- paray held at the same place, the follow ing directors resigned: Arthur Brock
 T 4 Geratyy,, :, John Breels, Es O. O.. Sherwood. J, A. Rumriil. !. F. Sinnotttt., J. B. Bourne, Chester w Chapin, James Armstrong, A. c. Chapin, H. 0. Eeixas Clyde A. Heller. The following were elected to fill the vacancies: George Maccullough Miller, Edwin Milner, ]. Pierpont Morgan, William Swimmer, Wi H. liam Rockefeller. D. Newton Barney, George J. Brush Charles S. Mellen, Frank w. Cheney, Charles E. Brooker, Arthur D. Osborne, H. Mex. Twornbly. At meeting of the directors of the Central New England Railway conn pany, The Poughkeepsie Bridge Rail- road company, and the Duchess County Railroad company, held at the same place. c. s. Mellen was elected presf-
 dent of each company. J. G. Parker sec! retary and A. s. May treasurer. At meeting of the Hartford and Connecticut Western Railroad company Charles s. Mellen was elected president. President Mellen in an interview said
 Tn acquiring control of the Pough- keepsie Bridge system, the Consolidated road is but extending it's lines across the Hudson river, making direct rail connection with roads 1t is already ex- changing business with, but under dis- advantages which the bridge will re- move.
 The ferry at Fishkin was well enough for limited business, but our 1 interchange with connections west of the Hudson has so increased in volume I in recent years that it has become inn possible. without large expenditure, to | use it longer, and the present winter
 has forced upon our consideration it's great limitations.
 -crAtd WY itDs v dSQutt CuF ttlt fOIlQSt and it's approaches, say between Hope we'll Junction and Campbell Hall ir1de- pendently of the rest of the system,
 we should have been better pleased, but
 the roads had become so welded togeth-
 CT it was a question of taking the whole
 or nothing, and being forced to secure a
 better connection than the ferry, 1t
 seemed wise to take the system as 8 ! whole.
 No plans have been made for the
 utilization of the property other than to | transfer our business from the ferry to the bridge as soon as may be conven-
 iently arranged.
 l The recent issue ef debentures. re-s garding which public comment has been 1 made was in exchange for the secliri- l ties to be turned over to us in connec-. l tion with this transaction No sales of dehcntures have been made directly by. i this company and such sales as have been made have been by the syndicate who took such debentures in exchange for the securities delivered to us.