. The Boston and Maine Railroad; a history of the main road, with its tributary lines . New court appointed President James H. Hustis was generally expected that the leased lines divi-dends would be at once reduced, but it was not foundexpedient to do this. Then came the entry of the UnitedStates into the war, followed by the period of governmentoperation of the railroads, which certainly did not tendto the improvement of the Boston and Maine the end of the government control, the presentplan of Boston and Maine reorganization was, after manydelays, finall
. The Boston and Maine Railroad; a history of the main road, with its tributary lines . New court appointed President James H. Hustis was generally expected that the leased lines divi-dends would be at once reduced, but it was not foundexpedient to do this. Then came the entry of the UnitedStates into the war, followed by the period of governmentoperation of the railroads, which certainly did not tendto the improvement of the Boston and Maine the end of the government control, the presentplan of Boston and Maine reorganization was, after manydelays, finally accepted and put through. This scheme,which met with Director-General McAdoos approval andco-operation, was, briefly, as follows: The Boston andMaine was to be consolidated into one compact system,eliminating many of the leased lines: stockholders of theleased lines were given the right to exchange their hold-ings into preferred stock of the Boston and Maine proper,which bears four-fifths of the dividend rate formerly paidou the leased-line stocks, for the next five years, and the. PORTLAND, SACO AND PORTSMOUTH RAILROAD LOCOMOTIVE SCARBOROUGHBuilt by the Portland Local Works in I 87 I
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Keywords: ., bookcentury1900, bookdecade1920, bookidbostonmainer, bookyear1921
