Sale of the Sussex Railroad
After several weeks of negotiation on the part of the
Delaware, Lackawanna & Western R. R. company for the purchase or
lease of the Sussex railroad, during which time many rumors have been
in circulation, the road has at last been sold to the D. L. & W.
company.
The sale was consummated on Friday morning last, [July
14,] and the same day Mr. Blair visited Newton and notified the
officials at this station. The D. L. & W. company purchased the
entire road, with the exception of that part of the road extending from
Hamburg Junction to McAfee Valley, which has been purchased by the Lehigh
& Hudson River R. R. company, and will form a part of their main
line. The road has been transferred to the new owners and is now under
their management, and as soon a they can perfect their plans will be
operated as a branch of their road under the name of the Sussex branch
of the D. L. & W. R. R.
Last Saturday A. R. Reasoner, Superintendent of the
D. L. & W. W. H. Lewis, Master Mechanic, Thos. R. Stout, Paymaster,
S. Griffith, Boss Carpenter, and another gentleman whose names we failed
to learn, passed over the road to Franklin and Branchville, inspecting
the line. A new time table will probably be issued about the 1st of
August, when our people will have an opportunity to judge whether the
sale of the road will benefit Newton and the other places on the line
or not. Additional facilities, that would prove of great benefit to
Newton and the section of the county adjacent to the road, could be
given us with the same number of trains that are now run over the road,
but whether we will receive them under the new management time will
develop. Still we have great confidence in Mr. Reasoner, the Superintendent
of the D. L. & W. Road, under whose management it is reported the
Sussex road will be placed. He is a thorough railroad man, and we predict
his aim will be to build up the road and increase its business by giving
the people the best of accommodations. It is thought by many that the
change of management will result in a reduction of rates on freight
and expressage. This, however, is all conjecture, as very little is
known as to how the road will be managed, but there is no doubt will
receive some benefit from the change. A corpse of engineers are now
engaged in surveying a line from Andover to Stanhope, and it is reported
that the company intend extending the road from Andover to that place,
and on its completion will run all passenger trains to Stanhope instead
of Waterloo.
Below we publish the official announcement of the sale
made by Mr. Blair, the President:
Blairstown, N.J., July 15, 1881.
E. C. Case, Esq, General Manager and Superintendent
Sussex Railroad.
My Dear Sir:--I herewith inform you that we have
this day sold the control of the Sussex Railroad. That short portion
of the road, north of Hamburgh Junction we sold to the Lehigh &
Hudson Railroad company. The other portion will pass under the control
of the Delaware, Lackawanna & Western Railroad company. In this
sale all fare equally alike. Circulars will be sent to all our stockholders
explaining the terms. Dividends will be made in cash to each stockholder,
so as to close up all within sixty days.The company would be pleased
to retain you in your present position, but should you still desire
to go West, I have to request that you will stay until some other
is put in charge, and then explain and turn over the property.Before
closing, I desire in behalf of the company to express the high regard
we have for you as a General Manager and Superintendent, your untiring
industry entitles you to the management of a much larger concern.
You will convey to the employees that they all have the full confidence
of the company, and one and all have performed their duties faithfully.
They are all requested to remain. Should any changes be made, places
will be provided for them. As to myself, my age and indisposition
is such that I must resign as soon as another can be elected to fill
my place.
With kind regards to all,
John I. Blair, President.
Mr. Case we understand will go West in a few weeks
to take charge of a railroad belonging to Mr. Blair. Mr. Blair has also
disposed of the Blairstown Railroad to the New York, Susquehanna &
Western Railroad company, and the road from Blairstown to Columbia will
form a part of the main line.