The Barre daily times. (Barre, Vt.) 1897-1959, 1921-08-09
Another Hearing Sched-
uled To Be Held Next
Month
AFTER STATEMENT
IN COURT TO-DAY
Company Sees Foreclosure
If rs Granted More
Relief
am extended NEARING hefor

IC q .llor Stanley C. Wilson at Mont
; to-day on the future status of
Barre l. Montpelier Traction &
! over Co. which is now in the hands
of receiver and which, according to
one statement to-day, is very near the
foreclosure stage, the court ordered
continuance of the matter until Sept.
10 with the understanding that the
receiver and the municipalities of
Barre, Montpelier and Berlin should
endeavor to get together on an agree
ment.
The three municipalities presented
proposals, which were essentially the
same, in which they declined to grant
modification of the company's fran
| chise and release to the company obli-
cations relating to paving and similar
work but at the same time offering to
agree to rate of eight cents for each
of the three zones.
The railroad, through its attorney,
H. c. Shurtletf, stated that if the new
recommendations should become effec-
tive the bond holders would be per-
llILbtu 10 Ldhe over tnt MOTE
over, Attorney Shurtleff thought that
the traffic would not stand for a rate
of eight cents per zone.
Attorney r. L. Dana of the Trac-
tion Co. declared that he had inter
viewed the American Trust Co. of
Boston, trustees for the bond holders,
yesterday and that the attitude of the
bond holders was to start foreclosure
promptly if the company is not re-
leased from assessment on street paw
ing and bridge work. At the present
time Montpelier is engaged in an ex-
tensive job of paving, part of which
is to be charged TO the Traction Co.
Attorney John w. Gordon, appearing
in behalf of his client, Stewart, who
has a 5000 Judgment against the
Traction Co., advocated the discontin
uance of the branch lines in Barre and
Montpelier, that is the Washington
street and Seminary hill lines.
The proposal presented by the city
of Barre was as follows;
"As the result of presentation made
to us on Aug. 2, at the joint meeting
of the city council of Barre and Mont
pelier and the selectmen of Berlin. we
make the following statement of our
position respecting your proposals:
81. Assuming that we, rather than
the voters of the city, have power to
do So we decline to consent to modi-
fieation of the existing franchise, dis
continuing the branch line on Wash
ington street.
80 We decline to consent to modifi-
cation of the existing franchise in its
provisions relating to assessments.
80. We find that the primary re
1uirement of the public is efficient
service and that the matter of rates is
The outstanding shortage
in service is the rty-hve minute
schedule. and the service can be i'm
proved at no point more than by re-
storing the thirty minute schedule. If
he thirty minute schedule is restort3 J,
We consent:
"(al That the fare within the city
limits may be increased to such
amount, not to exceed eight cents, as
you may determine;
"(bl That the special rate tickets
commonly called workmen's tickets
nav be increased 10 such amount, not
o exceed twenty for one dollar, as
'ou may determine;
"tcj That the fare for one contin-
lous passage in either direction be-
ween any point in Barre and Inter
ity park may be fixed at one half the
ull rate between Montpelier and
,arre.
In these conclusions there is en-
ire unanimity in the governing bodies
( the three municipalities.
BASED upon the experience of one
ear, July |, 1920, TO July |, 1921,
our tables show that, given the same
atronage, an increase of fare to sew
n cents viii increase the revenue
Is 800, and an increase of fare TO
ight cents will increase the revenue
26, 700.
I'VE are confident in the belief that.
18th restoration of the thirty minute
,hedule, a material increase in fare,
nd a continuation Of the same eff
ent and praiseworthy management of
ne system that you have thus far
lown. the street railway may con-
nue. to operate with entire safety,
ith immediate repair requirements
let, and without discontinuance of
,e branch lines or release from the
anchise obligations relating to as
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