Lebanon Springs Railroad 1898
69,820 spindles. . .. , THE LEBANON 8PRING8 ROAD. . The Troy Budget of Nov. 20 which is well-informed o'n rail-i-oad matters, prints the following regarding the Lebanon Springs, road: ' . -'. . .... . ' "Control of the Lebanon Springs would be of no avail for the creation of a through line without the Bennington ft Rutland also. H the Vanderbilts are after the Bennington ft Rut land, no one has been permitted to learn lhe fact The route from New York to North Bennington via Troy is In every way more desirable and more economical to operate than that by way of Lebanon Springs. , '. .:- T. ''. ' .' ' . : "So far a actual transactions and not guess-work go, tie outlook 1 for a very different rehabilitation of the Lebanon Springs. The thirty-six miles of that line between Chatham and Berlin and the ten between Pittsburgh Junction and Bennington have not been operated In several yeira. - The eleven miles between Berlin ana Petersburgn Junction have been operated by Reoeiver 8weet,and have rather more- than paid operating expense. .Thw part of the road that la in Rensselaer county, lying in the towns of Nasau, Btephentown, Begirt and Petersbargh, has been owned, or rather the first lien on it has been owned by S. O. Oleaaon, cashier of the Manufacturers' National Bauk of this city, under sales for taxes. , Mr. Gleason has the'past week sold the tax titles to the Brooklyn syndicate Wat Is Interested in the creation of an electric line from Hudson to Nassau. . The supposition is that the electric people intend to connect -the Lebanon Springs line in the town of Nassau, north of Chatham, with their projected line from NivervUle .to Nassau, and. thn to operate It as an electric road a far as Lebanon Springs, if no farther. . Tbt property was once offertd to the Fitchburg Company, which. wo'd have-noaaofit", .n ; ':i; ,-:yS:r;- L: '