New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1907-05-12
SAYS B. & NJ. NOT SOUGHT
DIR. Mellen,s DeniaI-DeaI affirmed
, by, Others

Following the meeting yesterday morning OF the
board Of directors of the New York New Haven &
Hartford Railroad Company. President Mellen
issued a comprehensive denial. covering past and
future, of the report that the Boston q Maine
Railroad control probably would soon pass to the
New Haven.
with the Boston & Maine. whether by purchase
lease or otherwise" he said NOR 90 to- 49,,
TPe h 10 De considered of such character
the New Ravens relations with the Boston e
the New Haven board Friday and IL was m
oerstood that It would not be brought up al the
tons, whether formal or informal had bee0 re-
feny IN progress looking TO the bringing OF the
road: ana that the Eastern trunk lines Interested
opposition to the project of bnsne fh
Boston & Maine and the New Haven the lines OF
and not parallel and competing We're based on 1'' i5
formation obtained from excellent sources both in
heavy stockhoder in the Boston s. Maine who
York New Haven Earor6 s PdnS OF the New
The deal has gone through. To all ntents and
purposes the Boston & Maine is now part OF the
1T is true that the New Haven can call less than
Maine. but that is enough because the ownership
is SO scattered don't believe that this deal could
market for If the stock went up 50 points, the
small owners; scattered all over New England,
to az, few years ago. Most Of the small holders
Gated from their srandfathers down not to sell and
10 have horror OF speculation"
New Haven. May 1.-THE reported future con
troll or the Boston Maine Railroad system by
the New York. New Haven & Hartford Railroad
Company appears TO be fully confirmed here. The
deal involves at some future time an exchange OF
stock, share for share practically though possibly
through the medium OF an intermediate company.
Some weeks are likely TO elapse before the arrange
ment is fully carried through
II Is also asoertained positively that the PROPOSE
ton has the support of Lucus futile, president
Of the Boston & Maine road. and his directors on
the one hand. and OF the New York Central and
us allied interests, on the other.
IN connection with the deal 1t is also understood
get considerable traCkage rights the Boston q
albany. what concessions made 10 the New
in return for its assent 10 the Boston & Maine
acquisition are not known, but IN railroad circles
transfer to the Central of the Ontario g western,
WHICH It VII be recalled at the time of its pur
contro! Of the Boston & Albany.
On high railroad authority II is stated that the
on the New Haven. not merely through the danger
To- t New Haven interests OF the acquisition of the
because Of dangers from Canadian railroad inter
ests. which were hoping for and seeking control OF
the property
Boston, May u.-John f. Crocker. president OF
the Boston Chamber Of Commerce. to-day said he
believed everything possible should be done to pre-
vent the contamination OF the proposed merger
1T is simply going to put Boston OF the map" he
said. We would be absolutely at the mercy OF
one railroad corporation. The interests that are
really after the Boston 8 Maine have no concern
for our commercial development"
Chairman jackson OF the Massachusetts Railroad
Commission said with reference to the reports IN
probable that II has been brought about by the
law against that. AS for the buying OF one road
by another road. the Massa chusetts law saws that
the domestic corporation shall not acquire the stock