The Bridgeport evening farmer., 1914-05-26

] think, came in contact with more than anyone else E. s. Goodrich. I think it was. of Hartford. Conn. He was the president if rem member right. of the Hartford Street Railway Company.
 By MT F'oIk.f
 e, MT. Goodrich, you say?
 4. MT Goodrich,
 e. Was he connected with the Steamboat Companies?
 A. think he was connected-I think he was president, and his cousin or brother was the vice-president. I will not be too sure, Governor, that he was the president of the Hartford Street Railway, but I know he was a large stockhoIder. came in com purchase.
 Commissioner Mcchord Dou you re- call anyone else
 MT. Mellen- do not. at this min ute. Mir. Commissioner. There were a lot of people in Hartford that were their names I presume would recall some of them.
 By MT. Folk.
 O. The Hartford. Manchester & Rockville Railroad was purchased. was it?
 A. Iremember that
 e. When was that taken into the New Haven?
 Q You paid $254.64 share for stock paying dividends of per cent 2
 A. There was peculiarfty about the earnings of that company as re- call. The way they used to get rid of their earnings was that they used to pay some rather stiff salaries Co their officers and eat the earnings up in that way. It was earning good deal more than it apparently showed.
 O. How much were they paying in sa1artes7
 A. do not know. That is a good deal to ask of man at this late day. I remember the circumstances in con nection with the investi gatfon.
 e. Then the Suffe1d Street Rail way was acqufred NJ
 A. That was bought as part of the purchase ofwthe Springfield Street Hallway and there was a Water com pany at sufneld that was included in the same trade. We bought the Spring field Street Railway and the same par- ties owned these two street railways, and they put them all in in the trade. We did not want them, but we had to take them to get what we did want, which was the Springfield. ts
 O. You purchased the shares of the suf1eld Street Railway at $150 q share7
 Whatever the account shows; q should not dispute The accounts are correct
 a. Do you think the earnings of this street railway justided the price?
 A. think the earnings of the com panies we acqufred, the Springfield Company, the Village Water Company at SumeId. and the Suff7e1d Street Rai1- way Conpany. all com Joined. jrstifed the price. but would have been glad: to have bought the Springfield and left the others out.
 0. who handled ali these deals for you in purchasing all these street rai1. ways
 A Quite number Of them | han -dled myself. The Fair Haven and Westvflse personally handled The Hartford [ was conversant with, and met the parties once or twice. The springheld Street Railway pers orally handled
 O. what was MT: Ro obinss conn ton with the acquiring of these dif- ferent street railways?
 A. After Mir Robins became thel general counsel it was necessary to] have him in conference on all these matters. Prior to that tin1eI do not think he had anything to do with il. ,.
 O. Did taat s10o, 900 that was paid consolidation of the trolleys of Con necticut
 A The Consolidated Railway charter was the one that was obtained, | think partially or almost wholly, through the efforts of Mr. Robins and those Associated with him. T think that charter was obtained by him, and that charter of the Consolidated Rai1-3 way was used first to merge all these street railways in Connecticut into the Consolidated Railway and then after ards to merge the steaInboats into the Consolidated Railway, and then to- change it's name to the New York.
  pany- ssss
 May Did As Told.
 O. Did Ar. May, the, treasurer of the New York, New Haven and Hartford, have anything to do with these trans actions in acquiring the trolley systems of Connecticut
 A Only to follow the directions Of his superior officers and doing what. they decided to do.- He got his proper vouchers for any disbursements he made
 Robins Meets Kelley.
 Q- Please look at this letter Of MT. May. of August 1904. ehanding letter to wifness) 4
 A have no doubt thai is a cor rect statement What was the date " MT. Folk. August 2. 1904. t -c S. Mez1en. Esq. President, ,conso1-
 idated Railway Go, New Haven.
 Conn.
 Dear Sfrs
 As directed by you on the 29tl uIt., accompanied MT E. D. Robins to Boston. and at the office of Tucker. Anthony & Company on the 3Oth inst. Issued negotiable debenture receipts oe this company for s1.o7o. 900, and on Monday. the first, received therefor certificates of stock sissued in the name of this company, as fol1oWss
 Number 643, New London Street Railway Company, 16S6 shares,
 Number 82, Demonstville Street Railway Company, 2494 shares.
 Number 463s Norwich Street Rail- way Company, 3244 shares.
 The capital stock of the Demontville