The Bridgeport evening farmer. [volume] (Bridgeport, Conn.) 1866-1917, 1913-02-22
MELLEN BEGINS TO
DISPOSE OF LINES
TO TRANSFER, BY LEASE, 1913
MILES OF TROLLEY ROAD TO
PLANT SYSTEM.
MORTGAGES ARE COVERED
Practically Whole Eastern Connecti-
cut Trolley Business Under
New Control

Directors of the New York, New
Haven Martfo fS RaiT9ed
S. Mel1en, to negotiate a lease of the
lines of the Northampton division,
north of Wakefield, Mass, to the Bos-
ton & Albany Railroad company. This
will give the latter company entrance
into such towns Holyoke, East
hampton, Northampton, Turner's Falls
fore been excluded from these except
under traffic arrangements.
The directors also authorized Mr..
MeIlen to lease trolley lines controll-
ed by the road from New London,
Conn, north to East Thompson, Conn,
to the Shore Line Electric railway
The deal involving the transfer of
the trolley lines controlled by the New
Haven in eastern Connecticut repre-
sents a large financial and physical
clude the New London trolley system,
the Montvi1le line, the Norwich troll
ley system, reaching up to and includ-
ing Willimantfc and the system from
Norwich to the northeastern part of
the state, including some twelve miles
Of the Norwich and Worcester steam
as the Worcester and Connecticut
Eastern. The total system to be
transferred to the Plant system is
ready includes about 120 miles, making
the total under the Plant control not
less than 223 miles and giving to the
Plant control practically the whole
trolley business in eastern Connecti-
cut. a very large part of it paralleling
the New Haven steam lines.
While the terms of the lease do not
appear to have been quite fully work.
ed out, they will include an amount
sufficient to be paid by the Plant in
terests to cover the interest on all I'M
DERIVING mortgages now held by the
New Haven and amounting to about
three million dollars, as well as a
proporttonate share of the debenture
-
amounting to approximately thirteen
millions dollars, and in addition,
enough to cover a fair present and
prospective profit.
The motive for this important deal
is understood to be due largely to
the fact that the lines of the Connec-
the Connecticut Eastern on the char
in themselves constituted a segregat-
ed system reaching to no large cit
les.
An interesting feature of the trans
fer is in the inclusion in the lines OF
the Connecticut stern on the char
ter of which was built up the Con-
solidated Railway company
On May 81, 1907 the New York,
New Haven and Hartford railroad
gave up its charter and took over the
charter of the Consolidated Railway
company as it's own, under a legis1a-
tive act which provided for consoIida-
ton of the New York, New Haven
and Hartford railroad company with
and in the Consolidated Railway COM
PoAy c1ANCT L1AO 4AdIA41S Ol Tic N0W 4OEhs
New Haven and Hartford Railroad
Co."
The Plant system of lines, which
now takes in the whole trolley sye-
tenn of the Connecticut company in
eastern Connecticut, includes already
the Shore Line from New Haven to
Saybrook, and extending northward to
towns the Connecticut river; the
New London and East Lyme Street
railway, from New London to Man
tic, which is to be extended westward
to the Connecticut river, and the Gro
ton and Stonington and Norwich and
Westerly lines, the two latter under
Plant control; the total representing
119 miles of trolley tracks.
Extensions of the systems which
have been mentioned, are northward
line from Norwich to Hartford.