The Bridgeport evening farmer., 1914-05-26

0. Was it an operating company an owned company?
 A. It was a company of which the New Haven or Consolidated Railroad acquired the charter and built the line.
 e. Was it being operated at a pro- it or loss? Al cannot. tell you now. It is good many years ago.
 e. Do you know what it's stock was worth
 A. Probably the cost of the road
 o. You do not know what it's stock was worth
 A. It never had market, it never passed out of the treasury from the or sanitation of the company until this and no method of fixing the value. The stock was issued to pay for the cost of the road.
 @. As the Consolidated Railroad was merged with the New Haven why did the Consolidated Railroad Com pany purchase 2s5o0 shares of stock of the Thonaston Tramway Company at par
 A Because it wanted to merge the Thonaaston Tramway Company prob ably into it's own company.
 @. why
 A. Because 1t was the policy or Lne company to get all of it's trolley hold ings in the state of Connecticut into one company, and that the Consoli- dated Railway Company.
 o. The endeavor was to get all the trolIeys in the state of Connecticut and all the transportation systems of that state under one control?
 A. Well. we did not do anything of the kind.
 O. Was that the idea or plan?
 A No. there were lots of them we did not want to own.
 @ What wa the purpose of the purchase of this 2,5oo shares of the. Tramway Company
 A. Just the sane as the purchase of the shares Of any other trolley company It was to have that con. nected with our trolley system and we wanted to have it, hold it. and
 6. Do-you know who owned that stock
 A It was never owned by anybody except the New Haven Railroad. The Thoinaston charter was acquired by the New Haven Railroad. O By the New Haven Radlroad?
 Yes. and the shares have no value Q. And operated as an independent company for a while?
 Alt never was operated except by sthe New Haven Railroad. The New Haven Railroad owned 1t from it's fn- ception. owned its charter. built it's road. and consolidated 1t with the Con solidated Railroad
 a When was this charter ob-i tained
 4. would not be able to tell you that.
 O. Who was the president of this Tramway Company rf.. friends, whoever they were. for the time being.
 e. Was it ever known that the New Haven owned it ?
 A. I think there is no question about it. think it was knNwn at the time the charter was granted That charter is today the charter ef the Connecticut Company.
 O Of the Connecticut Railway Company?
 A. No. the Connecticut company.
 @. The Trolley Company
 A. The Trolley Company in Con- nectictit.
 O.. What was done with the Mid- dletown Street Railway
 A. Merged into the Consolidated. It is now part of the, connecticut Company.
 e. You say the Hartford Connec- ticut Company2
 
 solidated Railway Company. It is now a part of the Connecticut Company which is the New Ravens trolley company operating troIleys in Con- necticut
 0. Was that a real company or simply a paper corporation?
 e. Was it q real company or a pa per corporation
 A. It is real company.
 Q. It was operating at that time?
 A It was.
 e. And t had property2
 Al It had, property
 @. How much
 A. Is not that pretty considerable of question to ask man as to six or seven years ago? : @. If you know?
 The Fair Haven & WestviIIe co.
 A. do not know, but the records
 e If you do not know you cannot tell.
 A The records will show.
 @. What was the Fair Haven and WestviIle Railroad?
 A That was the trolley company that had consolidated all the lines in the city of New Haven. It repre- sented the New Haven city trolley system.
 @. What did you do with that?
 A We took it in.
 Q. At what price?
 A. At $200 a share in three and one half per cent debentures, which was the equivalent of paying per cent for the stock.
 @. $20o 2 share for how many shares?
 A. think there were approxi- mate1y s5,ooo.ooo of the Trolley Com pany's stock. and we issued SIG. .O00.-i 900 of 3 1-2 debentures with which to- take it up.
 @. To whom did the New Haven deliver it's debentures :?
 A. I do not know whether there was a. circular issued asking the stock