Governor warns stockholders on public rights in merger talks
Governor Foss argues the West End and Elevated merger affects the public as a partner, warns against revocation of public rights, and clarifies that West End stockholders hold revocable rights with no vested security. He notes the need to unite systems and acknowledges the Elevated’s backing.
MENTIONED IN THIS ARTICLE
West End
Storrow
Elevated
Baldwin
West End Protective Committee
Foss
West End Street Railway Company
Brooklyn Rapid Transit Company of
New York
Brooklyn Rapid Transit
Brooklyn Rapid Transit Company
West End Stockholders Favor Merger With Elevated Rail
influential holders of West End Street Railway stock urge acceptance of consolidation with Boston Elevated Railway, arguing terms are fair and delays risk losing 1922 settlement, tunnels to South Boston and Dorchester, and public confidence.
MENTIONED IN THIS ARTICLE
West End Street Railway Company
Elevated Road
Richard Olney
E. V. R. Thayer
William H. Wellington
Henry B. Day
Francis B. Day
Jerome Jones
Wilmot R. Evans
Eben D. Jordan
Charles H. Taylor
Charles H.choate, Jr
Frank B. Bemis
Walker Warns of Session If Merger Fails
Speaker Walker urges West End stockholders to accept the West End Boston Elevated consolidation act. He argues the terms are fair, public interest demands the deal, and revisiting the matter risks lost tunnels and worse terms later. He notes stockholders have preferred stock dividends and access to arbitration, stressing preservation of property rights and public control.
MENTIONED IN THIS ARTICLE
West End
Elevated
West End Street Railway Company
Boston Elevated Railway Company
Boston
South Boston
Dorchester
Boylston Street
Supreme Judicial Court
Joseph Walker
House of Representatives
Act of Consolidation
Perfect Cup Chase and Sanborns Coffee Cans
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Legislature Debates East West Policy Rhetoric
The speaker expresses concern about presenting policy to the Legislature and doubts gains from further discussion with the House of Representatives, citing the temper of the body. He implies potential impasse or lack of progress in debates on Western versus Eastern issues.
MENTIONED IN THIS ARTICLE
House of Representatives
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Clare Victor Dwiggins
Jst
Dulans
Hatha
Bentin
Jimnn
Jimmy — Haraid
Tierv
DAIS
House of Lords
West End Fair
Road
Act
Protective Committee
Walker
Commonwealth
Massachusetts
Chase & Sanborn
Seal Brand
Hewson
Washington ST
Black Cat
H. D. Ambstretter
The
Jack London
L. C. Page & Company
Beacon St
POST
Wilson Bros
Rogers
P. O