The Bridgeport evening farmer., 1909-10-25
BOSTON X MAINE AND NEW HAVEN
 ROAD MEETINGS
Latest Report that Vice President Timothy B.
 Byrnes Would Be Chosen in Lucius, Tuttle's Place.

New Haven. Oct. 25-There will be
 two meetings next Wednesday of great
 interest to financial railroad men in
 this city and throughout the entire east for that matter. One will be the annual stockholders meeting of the
 New Haven road to be held at the general office building of the company in this city at noon Wednesday and the other will be the meeting of the directors of the Boston & Maine rail- road at Lawrence, Mass. to elect of fcers of that corporation. In the se- lection of these officers there is keen concern and much speculation in hnan- cial circles here for it is commonly believed that the New Haven will
 place at the heAd of the road a man other than Lucius Futile. the present president of the company. and a. man whose election will conclusively show that the New Haven intends to take the active management of this com pany in its own hands.
 Perhaps the most important matter to comet up for consideration at the annual stockholders meeting of the New Haven is the proposition to in
 crease the capital stock of the com pany by an issue of 400, 900 shares hav- ing a par value of $40. 100000 but which will be sold by the company, if the
 plan is adopted. at $125 a share to the
 stockholders and holders of the com
 
 placing in the company's treasury the
 sum of $50.O00,000 when the issue is all put out
 There is little doubt that this pro-
 posal will be carried through. The new stock, as has been officially stated, will be sold in blocks from time to
 time and may not all be put out until after two years or more. i'- The annual election of the board of directors will take place, but it is not hot 1I, O 1o irN the directorate. Other matters, among ! them the New Haven's present connec- | tion with the Boston & Maine, will probably be taken up, for it is likely
 that some one. or more of the stock 1 holders will seek some light on the re- lationship of the two roads.
 Following the meeting of the stock 1 holders the directors will meet to elect | officers but no changes are likely to be | made. -a&fs g'f~,F %*1sk4 Sr9 Interest centers to a large extent in the meeting of the Boston & Maine directors to be held the same day, be- cause of the numerous but unconfirm- | ed reports that President Mellen of the New Haven will be elected president of
 the Massachusetts corporation. Wheth- CT this rumor will develop to be the fact cannot now be learned but since the annual meeting of the Boston & | Maine. when two New Haven directors | went on the directorate, there has been a growing belief in financial quarters that MT. Mellen will take the presidency of the Boston & Maine and add the duties of that office to his work as president of the New Haven It has been reported. too, that Timo- thy B. Byrnes. a vice president of the New Haven. would be chosen to take MT. Tuttle's place. In any event it is generally conceded that the New Ha- ven will show just what it intends to do with the Boston & Maine at this
 meeting.
 President Futile has been retained on the Boston & Maine board of direc- the former New Haven man may be continued, in his present office.