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This newspaper page contains 6 articles. Subscribers can read the full text of each article.
Newspaper
Boston Post
Location
Boston, Massachusetts, United States of America
Date
Aug 23, 1916
Page
9
Minority stockholders view the petition as a bluff while insiders debate a potential receivership for Boston and Maine. Officials cite unsound finances and missed note payments as grounds, with leased lines likely to challenge any move and a conference planned among major creditors.
Parker a Concord & Montréal railroad director and Boston & Maine leaseholder says he is surprised receivership for the Boston & Maine was requested. He notes no second proposition had been made after the Concord & Montreal and Connecticut River railroads proposed rental reductions.
Charles P. Hall, a federal trustee of the Boston and Maine railroad, told a Post reporter he agrees with President Hustis that receivership is needed to save the road. He said he concurs with Hustis’s interview but cannot comment further at this time.
James M. Prendergast of 185 Bay State Road Boston a director of the Boston and Maine was located at his Hyannisport summer home by a Post reporter and said he knew nothing about the receivership petition and could not answer questions as he was on vacation.
In Stockholm the All-American association football squad played a baseball exhibition against Westeros and won 8 to 0 before King Gustave and a large crowd. The weather was fine and the game attracted much interest.
An advertisement promotes outdoor air to combat obesity and claims oil of Caren capsules aid digestion and weight loss. It urges daily weighing and continued treatment until normal, noting the remedy is harmless and pleasant to take.
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