Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1907-10-31
TWO MORE COMPANIES
Are Purchased by New York, New
Haven e Hartford Railroad.

New York. Oct. 30.-Announcemcnt
was made yesterday by President OAK
leigh Thorne. of the Trust co. of Amer
lea. that the New York. New Haven &;
Hartford Railroad Go. had acquired!
possession of the New York. West
hester G; Boston and the New YorL. Il
Fort Chester Railroads by purchasing
tn" Mil5rock 90. owned by Ny
Thorn" and Marsd"n J. Perry. which
Was the holding company of the Yves /
chester & Port Ci%dc stock
';;lc announcement caused Il great
stir in financial circles and il Il hard
blow to The commuters living in West
chester count" ana sections where the
NcStcht sler & Port Chester roads were
t. have been built. Both OF the lines;
Vtra To have been rivals OF the New
f'aNtn. ana by til" purchase of them
tn" latter road stiles any competition
from this source ana gains several
choic" inlctS to New York City. ami {,
connection with tic subway at one
Hundred and Seventy se:rnth street
Tie consolidation of the three com
panl"s also means the end of one of
the fierccst traction fights that has
NN'i 'N'4i l'GS9iit tliIS NliS Eoi l.litif
Yeas tn. then rival roads. the Yves:
chester and the Port Chester compa-
mics. struggled - obtain franchises t,
enter thu city. They gained their fran
cEises only because it Was nelieved
they would open W new country and
furnish good transportation facilities
to thousands Ct persons living along
TIE proposed lines
The route of the WeStchester line. as
planned. was from the H"rlc.n river to
Polt Chester having a connection
with the Subway at N-ost Farms It
Was t. run to Mount Vernon through
NeStcheSter county and to points in
Connecticut. Tho Port Chester line was
IL run from Willis Avenue bridge
through Westminster county to New
Rochelle, Pelham Manor. White Plains
q 81 other towns near The city
f;cth the proposed lines were to run
Parallel to the New Haven road in
many sections and were also to run
parallel with each other, so that there
would have been had not plans mis-
carried. Il threc-cOrncrcd rivalry.
Worl; on the New York and Port
Chester road was begun with great
&. rcm"nS carly last year Mrs William
A. Gotschan Wife 80 the president and
promoter " the company. broke the
GrOuT1 VITA n bold spade and then 400
L. bnrers started 20 lav the roadbcd
Soon the work Jagged and in November
of last year it was announced that the
New York. Westminster and Boston Co,
through Oakleigh Thorne & Marsden J.
PERI, has purchased the Port Chester
@. 1t was announced by the WestChes-
ter company that the construction work
would Immediately begin and that the
road would be completed at an early
date.
The companies were combined under the
Millbrook CO. The minority stockholders
brought suit to obtain an injunction to
prevent the Wcstchcster line from using
( he tracks of the Port Chester company
on tine ground that the franchise of the
former road lad called for a certain rauts
the consolidation took place. A tempo
raIS- Injunction was granted, but it was
not made permanent.
r.. ~ has hoen expended in construc-
ton work on the West Chester line nearly
s. Uc.NO TIE grade and bridge work on
tho new line was Of the heaviest and
n ost approved type to provide for safety
and stability. A much smaller amount
Of r1orev was spent in construction work
on The Port Chester line.