Mellen Opposes Freeing B and M in Receivership Case
Charles S. Mellen former president of the Boston and Maine railroads and now a Stockbridge farmer testified before Judge Morton that the receivership of the Boston and Maine is unnecessary and that the railroad could operate on its own with proper organization He warned that a reorganization could strip control from common stockholders in favor of preferred stockholders and suggested a plan to raise funds while keeping equity with existing owners He outlined asset values and cautioned about floating debt and earnings while noting a May 1916 to June 1916 financial snapshot.
MENTIONED IN THIS ARTICLE
Charles S. Mellen
New Haven and
Boston & Maine
Stockbridge
Morton
United States District Court
Mellen
Conrad W. Crocker
Mr. Crocker
Mr. Mellen
George IL
May
York Harbor
Concord & Claremont
Gabe
New England
St. Johnsbury & Lake Champlain
Portsmouth Bridge
Fitchburg Common
Fitchburg
Hampden Railroad
Predicts 1253 Value Amid Reorganization Silence
The subject declined to share views on a reorganization, stating only that a reevaluation would occur. He suggested the process may affect figures around 1253 in value without detailing positions or implications.
Publicity Bust Over Saugus Lodge Baby Claim
The Saugus Lodge No. 94 K of P publicity around baby farming has collapsed. Speculation about a New Year’s ball baby winner remains uncertain with guesses pointing to a dog, cat, or monkey instead of a human infant.
MENTIONED IN THIS ARTICLE
Carl F. Koch
Ferdinand Pilz
Frank E. Dunning
H. A. B. Peckham
State Board of Charity
Saugus Lodge
Saugus Lodge No. 94
K. of P
Technology Senior Dinner At Lenox Tonight
Prominent engineering leaders including President Maclaurin and Bursar Ford attend the Technology senior dinner at the Hotel Lenox. James P. Munroe, secretary of the corporation, helped with the pageant and dedication last June. Alexander Klemin, aeronautical engineering instructor and Aviation editor, will speak.
MENTIONED IN THIS ARTICLE
Hotel Lenox
Maclaurin
Ford
James P. Munroe
Corporation
Alexander Klemin
Aeronautical Engineering
Aviation
Aero Club of
Great Britain and Ireland
Wife wins in appeal case against Schatzel
Mrs. M Elizabeth Schatzel of Tufts sues H W Schatzel head of Sylph Manufacturing for separate support. Judge Fox orders Schatzel to pay $15 weekly starting Nov 1 after an earlier $5 weekly order by Probate Judge George. Tufts also notes Jan 3 appointment of Middlesex DA Nathan A Tufts and staff including Fosdick Wolcott Hoar and others.
MENTIONED IN THIS ARTICLE
M. Elizabeth Schatzel
H. W. Schatzel
Sylph Manufacturing Company
Fox
Nathan A. Tufts
Waltham
Middlesex County
Frederick W. Fosdick
Medford
Herbert Parker
Frothingham
Robert Wolcott
Cambridge Court
Samuel Hoar
Concord
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ELGIN
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