The Boston And Maine Railroad a History of the Main Road With Its Tributary Li

Cover The Boston And Maine Railroad a History of the Main Road With Its Tributary Li
The Boston And Maine Railroad a History of the Main Road With Its Tributary Li
Francis Boardman Crowninshield Bradlee
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William Merritt resigned as superintendent in February, 1873, he having met the year before with a severe fall, from the effects of which he never recovered. The directors elected Mr. James Furber, the station agent at Rochester, N. H. , to take his place, and at the same time appointed Mr. Merritt's son, William, Jr. , assistant superintendent. In 1869, the capital of the Boston and Maine was increased from $4, 155, 000 to $4, 550, 000, en- titling each holder of ten shares to one new one at ]...)ar ; in 1871 the capital stock was again increased to $5, 000, 000, and the next year to $7, 000, 000, No sooner had the "extension" been opened to Portland than the company 'WALKER HOUSE" STATION OF THE B. AND M.
Commercial Street, Portlar\d, 1873-1889 Originally t hotel, now a Railroad Y. M. C. A.
BY FRANCIS B. C. BRADLEB 51 found themselves once more "pocketed, " so to speak, by the Eastern Raihoad, for that corporation, by the pur- chase of 15, 274 shares of stock of the Maine Central Railroad, at a cost of 11, 220, 538, far above the market value, obtained the control of the latter road.


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