Vermont phÅ“nix. [volume] (Brattleboro, Vt.) 1834-1955, 1905-01-13
5000 ACRES OF CUMBERLAND SOLD
Fremont Wright Controls rs 900 Acres in Somerset Stratton
WnhaI Sunderland and Manchester Railroad May Be Built to
Tract

output to from 100000 to 5000, 600 feet
next season.
Announcement was made last July that
a New York syndicate had bought for
Si,50O,OOO the big tract of cumberland in
the four southern counties of the state,
amounting to 1900 acres. 1t was true
that options had been secured, the price
being thoroughly understood and salts
factory to all persons concerned, and there
seemed to be no obstacle i'm the way of
closing the deal. But suddenly the trade
was declared of The various properties
were assembled by Mr.. Wright, who has
bought the Peck lot, and they were to be
sold to Lawyer j. II. Kellas Of Malone,
n. Y. Mr. Kelass name was the only
one which appeared i'm the legal papers as
the proposed purchaser, but from his as
ISOLATION with Standard oil interests in
Adirondack timber deals ii was suspected
that he was backed by the same interests
When 1t seemed that the deal was posi-
lively assured Mr.. Kelas announced that
one OF the New York syndicate was i'll
and that it would be necessary to suspend
negotiations for the present Soon after
wards the options expired
Some OF the men most interested i'm the
deal regarded the sudden turn as a trick
on the part of Kellas to freeze out Mr.
Wright, who would get large commission
II the sale went through They thought,
and they think now that it was Kellas's
purpose to begin over again and buy the
properties himself, without Mr. Wright's
assistance, which would mean a large
saving to him aud his syndicate Kellas
bought the Hoosac Tunnel & Wilmington
railroad, which If extended. would reach
first the Peck property Is miles from
the terminus of the road
Meanwhile Mr.. Wright secured the
option on the Peck property, and he now
has turned the tables on Kellas by buying
H. which gives him command of the
situation.
The Wrght-Peck deal was closed in
Brattleboru. G. G. Fits representing both
the buyers and the sellers. Mr.. Wright
and Mr.. Peck both We're in Brattlcboro
also other men Interested
The PhmuiX published recently the
substance Of letter to a Brattleboro
business man, written by J. r Dalrymplc.
general freight agent of the Central Yer
mont Railway company. referring to
standard gauging the Brattleboro x
Whitehall railroad. Mr. Dalrymple stated
that nothing could Doe done until the ter
mination % the suit now pending in the
United States courts for the foreclosure
~ the Brattleboro Il Whitehall mortgage.
He added that II was the intention OF the
company as soon as the New London
Northern road obtained "a clear title TO
the Bratueboro n Whitehall road. to pro-
coed with the work Of standard gauging
the road.
II is very much 20 be desired that some
compromise be effected 50 that the mar
row gauge road may be converted into a
standard gauge road to take care Of these
lumber interests. hut there is no reason
why the Brattleboro d Whitehall stock
holders should uutclaim all their inter
osts In order that this may be accom-
plishcd. II the New London Northern
road or Central Vermont road or the
Grand Trunk road or whoever has the
real control OF the Brattleboro q White
hall branch wishes to cut a slice off its
nose for the sake Of splitting in it's face,
mat Is no reason why the Brattleboro &
Whitehall stockholders should lie down
and die. II the system controlling the
Brattleboro q Whitehall road would mani
fest more conciiatory disposition there
IS no reason why any company need
sacrifice any OF its interests to bring
about satisfactory adjustment OF ali
difficulties.