The Brattleboro daily reformer. (Brattleboro, Vt.) 1913-1955, 1921-12-24
Street RAILWAY
FILES ARTICLES
Will Take Over Property of
Street Railroad at
Springfield
EXPECTED ROAD
WILL YIELD PROFIT
Was Ordered by L. $. Court to BE Sold
to Vermont National Bank List
of observation-disclosures Holders of
Common and Preferred Stock.

Articles of association have just been
filed with the secretary of state in Mont
pelier by the Springfield Terminal Rail
way Corp of Springfield CVt.). which is
to take over the Springfield street rail
road. The company viii be organized and
the property transferred this winter
Some time ago a hearing was held be-
fore the public service commission on the
petition of the incorporators asking for a
Certificate to the effect that the incor-
poration would promote the public good.
The certificate was granted and issued by
the public service commission as one of
the necessary steps for forming the new
corporation. and at a hearing before
Judge Harland Il. Howe in United States
court here this week the assets of the
Springfield Street Railway Co: We're or
dcred sold 10 the Vermont National bank
of BrattlebOr0. which held q ma jOrity
of the over due bonds of the old company
Alost Of the stockholders assented to the
order of sale
Ii was a part of the plan that the
bank should cause the Springfield Ter
minal Railway Corp. to be organized as
the bank cannot own aud operate "A street
railroad.
1t is expected that the operation of the
railroad under the new management Will
show profit for the stockholders. 1t is
doing Il good business but is operated un-
der a handicap as are all business enter
prises which are operated under court
orders.
The ineorporators of the Springfield
Terminal Railway Corp. are: Charles
q. Staples, NJ. g. Houghton, r. G. Clark,
J. y. Harvey and i. r. Pratt of Brat
tleboTo, +. A. Davis of Chelsea, Mass,
and these residents of Springfield VT:
d
ker, Ii. \. Lockwood, l.. +. Edgerton,
Charles I. GrosvenoT, II. \. Dodge,
George ID. Nelson. NJ C.. Lowell, III. w
LaFaulin. +. II. Wheeler, J. W. Bennett,
". Il. Watson. J. +. Stetson. w L. Bry-
ant, ". l. Fairbanks, W. W. Slack, j.
Nellwood. George f. Leland, F. p.
Longing and T. }. Fullam.
Following is a list of the holders of
the common stock of the Springfield
Electric Railway Co: +. c.. Crosby, Yer
mont National bank Charles q. Staples,
J. y. Harvey, H. II. Crosby, attorney in
fact, II. p. Maurice, all of Brattleboro;
Springfield Savings bank, holder for
First National bank of Springfield,
uoider as collateral. all of Springfield,
Vt; Mrs. Maud c. Crosby and Allyn j.
Crosby Of Boslindale, Mass, F. j. Cou-
3ray and r. d. Coudray of Wethersield,
Conn: Lawrence Coudray of Washing
.
Mrs. Belle NJ. Knight of White Plains,
n. Y. Mrs. Mary c. Van Doom of Bev-
erlv- Mass, Z. A. Davis of Boston, T..
:. French of Rochester, Vt, estate of
7. ID. Coolidge of Fitchburg. Mass. and
WiIliam NJ Mexican of Braintree, Mass.
Holders of preferred stock in the
Springfield Electric Railway Co are
Mrs. Lucy A. Cox. administrators of the
estate of Adeliza Wood. Susan +. Clark,
Samuel L. GoodeI, Mrs. Julia Parker
Crosby. all of Brattleboro: Charles A.
Burns Of New York. Mrs. Mary +.
Guthrie. administrators of the estate of
Mrs. c. r. Farnum of Allston. Mass.
Spaulding & Mcclellan of New York J.
B. Putnam of Concord. y. H. w. F.
Gilman of Tilton. r. H.. Mrs. Alice 4.
Thrall of Rutland, Abbie l.. Herrick of
New Haven. Conn. Mrs. Louise NJ. Rey-
noldS Of Rutland, Mrs. Lora \. Morgan
of Hartland. Miss Mary NJ. Scott of Am
herst. Mass. Worcester Aaimal Rescue
League of Worcester, Mass, Mildred
Steward of AIillbury. Mass. HOdgdon-
eastman Co. of Boston. New England
Home for Little Wanderers of Boston.
Mary Il Allen of Schenectady. Y. Y.
Otto NJ. Dreikon. Rudolph Porsche and
Donald Hay of Holyoke. Mass. William
D. Whitcomb. Herman Il. Lockwood. #
=. Loyeiov executor of the estate of L.
c. Richardson. f. =. Loveioy. and Hattie
+. Martin, Of Springfield (Vt), and Mrs
Emma A Boydpn of Rutland