tive power, and that its tracks under its lay-out made by the proper authority of the city of Manchester have crossed at grade, the tracks of the following named railroad corporations, on the streets of said Manchester, at the places hereinafter designated in said city, to wit-of the Concord & Portsmouth Railroad, at the intersection of Valley and Wilson streets; of the Manchester & Lawrence Railroad, on Elm street, near the Cemetery brook, so called; of the Concord & Montreal Railroad, on Granite street, near the railroad passenger station; on said street, near the gates of the Manchester Print Works, and near the west end of the Granite street bridge; of the Manchester & North Weare Railroad, on South Main street, near Piscataquog river. That said street railway contemplates the substitution of electricity as the motive power for operating its road, over and upon the same lines hereinbefore set forth, wherefore, reserving to itself all rights under its charter and amendments thereof, its lay-out by the city of Manchester, and its use and occupation of the several streets of said city of Manchester in common with said several railroad corporations, requests said board of railroad commissioners to consent in writing to the laying of said tracks of said street railway, over the tracks of the aforesaid railroad corporations, at the places and points herein before set forth, at grade. MANCHESTER STREET RAILWAY, Manchester, July 18, 1895. by CHARLES WILLIAMS, President. STATE OF NEW HAMPSHIRE. IN BOARD OF RAILROAD COMMISSIONERS, The railroad commissioners hereby consent to the construction and operation, by electric power, of the Manchester Street Railway over the tracks of the Boston & Maine Railroad, at grade, upon Granite street, Main street, Elm street, and Wilson street, in Manchester, the wires over said crossing to be placed and kept at least twenty-one feet above the top of the rails of the steam railroad, and no poles to be set between the steam road's tracks. The Boston & Maine Railroad is ordered to continue to protect the Granite and Maine street crossings in the same manner and to the same extent as they have been protected heretofore, until the Board shall determine what additional safeguards are needed at all the crossings named, and apportion the expense. H. M. PUTNEY, J. G. BELLOWS, E. B. S. SANBORN, Railroad Commissioners of New Hampshire. Street Railway Crossings in Nashua. TO THE BOARD of RailROAD COMMISSIONERS OF THE STATE OF NEW HAMPSHIRE: Respectfully represents the Nashua Street Railway, a corporation located at Nashua, in this state, that its tracks are now laid across the tracks used by the Boston & Maine Railroad in said Nashua, in the following places, to wit-on Main street in said Nashua, near the Worcester & Nashua depot; near the Nashua & Lowell depot, and near the Acton depot; also on Temple street, near the freight depot, and also near the Concord depot; on Palm street near the shoe factory; also near the junction of Temple street with Hollis street, and on Hollis street. The said street railway company is about to change its motive power from horse to electric power, and questions have arisen as to the legality of changing its tracks at these crossings, without applying to your Board under the statute of 1895, chapter 27, section 13. Wherefore, that there may be no question in this matter left unsettled, they pray that your Board give its consent in writing to their crossing said tracks of the said railroad in said Nashua, widening the gauge of the street railway track in crossing said track, suitably for an electric road, and for leave to use electricity as a motive power in crossing said tracks. NASHUA STREET RAILWAY, President. STATE OF NEW HAMPSHIRE. IN BOARD OF RAILROAD COMMISSIONERS, CONCORD, August 9, 1895. The railroad commissioners hereby consent to the construction and operation, by electric power, of the Nashua Street Railway, over the tracks of the Boston & Maine Railroad, at grade, upon Main street, near the Worcester & Nashua depot; near the Nashua & Lowell depot, and near the Acton depot; also on Temple street near the freight depot, and also near the Concord depot; on Palm street, near the shoe factory; also near the junction of Temple street with Hollis street, and on Hollis street, in said Nashua. The wires over said crossings to be placed and kept at least twentyone feet above the top of the rails of the steam railroad, and no poles set between the steam road's tracks. The Boston & Maine Railroad is ordered to continue to protect the crossings named, in the same manner and to the same extent as they have been protected heretofore, until the Board shall determine what additional safeguards, if any, are needed, and apportion the expense. H. M. PUTNEY, E. B. S. SANBORN, J. G. BELLOWS, Railroad Commissioners of New Hampshire. STATE OF NEW HAMPSHIRE. IN BOARD OF RAILROAD COMMISSIONERS, The railroad commissioners hereby consent to the construction and operation, by electric power, of the Manchester Street Railway, over the tracks of the Boston & Maine Railroad, at grade, upon Granite street, Main street, Elm street, and Wilson street, in Manchester, the wires over said crossings to be placed and kept at least twenty-one feet above the top of the rails of the steam railroad, and no poles to be set between the steam road's tracks. The Boston & Maine Railroad is ordered to continue to protect the Granite and Main street crossings in the same manner and to the same extent as they have been protected heretofore, until the board shall determine what additional safeguards are needed at all the crossings named, and apportion the expense. H. M. PUTNEY, J. G. BELLOWS, Railroad Commissioners of New Hampshire. Nashua Street Railway Stock and Bonds. TO THE BOARD OF RAILROAD COMMISSIONERS OF THE STATE OF NEW HAMPSHIRE : Respectfully represents the Nashua Street Railway, a corporation located and doing business at Nashua and Hudson in the state of New Hampshire, that by an act passed at the last session of the legislature of this state, it was authorized to increase its capital stock to an amount not exceeding three hundred and twenty-five thousand dollars ($325,000); that at the present time it has issued, and had issued prior to the passage of said act, only twenty thousand dollars of its capital stock; that by an act of the legislature, passed in 1891, it was authorized to issue bonds secured by mortgage to an amount not exceeding one hundred and fifty thousand dollars ($150,000), and of said amount it has issued only one hundred thousand dollars ($100,000), but has mortgaged its property and road to secure the whole issue of one hundred and fifty thousand dollars; that for the purpose of constructing its road from the line between Hudson and Nashua at the Taylor's Falls bridge, through Hudson to Tyngsborough, and for the purpose of changing its road and motive power from that of horses to electricity, changing the gauge and erecting the appurtenances of an electric road, and for the further purpose of liquidating its unsecured indebtedness, it has become necessary to issue capital stock to the amount of three hundred and five thousand dollars ($305,000) more than that already issued, and to issue the remaining fifty thousand dollars of bonds. Wherefore it prays for an investigation by your board as provided by law, and that your board authorize the issue of so much stock and bonds for the purpose above stated, and, as the road needs to be extended, and changed from horse power to electric power at once, it asks that you afford them a very early hearing and decision in this matter. IN BOARD OF RAILROAD COMMISSIONERS, CONCORD, May 30, 1895. In the matter of the petition of the Nashua Street Railway, asking the approval of the board, to the issue of additional capital stock and 'first mortgage bonds, as set forth in said petition: Due and sufficient notice thereof having been given, a hearing was had upon said petition at the office of John D. Chandler, at Nashua, in the county of Hillsborough, on the fourteenth day of May, 1895, at nine o'clock in the forenoon, at which said hearing said petitioning corporation appeared by its officers and by George B. French, Esq., its counsel, and presented its evidence, statements, and arguments before the board, and upon proper cause shown said hearing was continued to the office of H. M. Putney, at Manchester, in said county, to the twenty-eighth day of May, 1895, at eleven o'clock in the forenoon, when such further evidence, statements, and arguments as were there presented were heard by the board. It appearing to the board upon full investigation and hearing that said Nashua Street Railway has been duly chartered and organized as a corporation, according to law, and that it has been duly authorized by law and by the vote of the corporation, to issue for its proper use $325,000 of its capital stock and $150,000 of bonds, secured by first mortgage of all its property and franchise; That said corporation has already issued for its proper use, and has now outstanding, $20,000 of capital stock, and has made and executed a mortgage dated April 1, 1891, recorded in the Hillsborough registry of deeds to the Nashua Trust Company, as trustee of all its present property and future acquisitions of real estate, equipments, franchise, and construction in Nashua and elsewhere, with the agreement on the part of said railway to furnish such amended mortgage and new papers as the trustee may request to cover the additions in Nashua and elsewhere, conditioned to secure the payment of one hundred bonds of even date with said mortgage of one thousand dollars each, and one hundred bonds of even date with said mortgage of five hundred dollars each, said bonds bearing interest at the rate of 6 per cent. per annum, payable semi-annually and payable 20 years after date, with the option to said railway to pay the whole or any part of the bonds outstanding in 10 years from date in the manner and upon the conditions in said mortgage set forth, and has already issued and sold $100,000 of said mortgage bonds and applied the proceeds to its proper use: That said railway has also now outstanding, unsecured liabilities heretofore incurred for the improvement and extension of its road, and for the payment of deficiencies arising in the operation of the road amounting to $71,500: That said railway has now passed under the control of new owners, and is altering its road and motive power from horse to electricity, changing the gauge, laying new track, providing the new equipment, power-plant, and other appurtenances necessary for an electric road, and is also under its charter constructing its road through Hudson to the state line in Tyngsborough, Massachusetts, thus making a connection with an electric road running to Lowell, Massachusetts, and that the estimated cost of such alterations, changes, new track, new equipment, power plant, and other necessary appurtenances, which are now nearly completed, or contracted for, will be $285,000, which estimate appears to the board to be fair and reasonable. Now, therefore, it being deemed and voted by the board upon the facts and for the reasons before stated, that the issue of the $305,000 of capital stock, and of the $50,000 of mortgage bonds still remaining unissued by said railway is reasonably requisite for the purpose of paying off the unsecured liabilities of the road and defraying the cost of the alterations, changes, new track, new equipment, power-plant, and other appurtenances aforesaid; it is ordered that the board |