. The Street railway journal . Sept. 1, 1903; $15, Dec. 31, 1903, and $15, April 1, stock will be deposited with the Fidelity Trust Company. BALTIMORE, MD-It is stated in Cleveland that the appointment of areceiver for the Washington, Baltimore & Annapolis Electric Railway Com-pany was due indirectly to the financial embarrassment of the Everett-Mooresyndicate. The syndicate members were the underwriters for a very considerable portion of the securities of the company, and the failure of thesegentlemen made it impossible for them to take up their portion of the under-writing. Acting i
. The Street railway journal . Sept. 1, 1903; $15, Dec. 31, 1903, and $15, April 1, stock will be deposited with the Fidelity Trust Company. BALTIMORE, MD-It is stated in Cleveland that the appointment of areceiver for the Washington, Baltimore & Annapolis Electric Railway Com-pany was due indirectly to the financial embarrassment of the Everett-Mooresyndicate. The syndicate members were the underwriters for a very considerable portion of the securities of the company, and the failure of thesegentlemen made it impossible for them to take up their portion of the under-writing. Acting in the interests of the Cleveland security holders, the Cleve-land Construction Company obtained a receivership for the road. A newfinancial plan has been prepared, and it will be placed in operation as soonas possible. The officials of the road claim there is no occasion for alarm,and state that there is little doubt that the road will be completed and placedin operation on the lines originally laid down by the Sterling No. 5. THE BEST REGISTEREVER MADE. Tested equal to tenyears service. Test it on your owncars. Built to last 20 years. Square case or roundcase. ALSO STERLING SAFETY BRAKES. Sterling-Meaker Co. NEWARK, N. J., U. S. A. xxviii STREET RAILWAY JOURNAL. [Vol. XXII. No. 4. BOSTON, MASS.—An order has been issued by the Railroad Commis-sioners authorizing the Newton Street Railway Company to issue 1850 addi-tional shares of capital stock, which at par would amount to $185,000, for thepurpose of paying floating indebtedness and the purchase of real and personalproperty. The order provided that this additional stock shall be offered pro-portionately to stockholders at $125 per share. GREENFIELD, MASS.—The stockholders of the Greenfield & Deerfieldand the Greenfield, Deerfield & Northampton Street Railway Companies havevoted to merge the former company into the latter. The companies must getthe approval of the Railroad Commission. WORCESTER MASS.—A hearing
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Keywords: ., bookcentury1800, bookdecade1880, booksubjectstreetr, bookyear1884
