This page has been validated.
FROM TRAIL TO TURNPIKE
95
tunity to extend the railroad west over the turnpike at least as far as Downingtown, and possibly as far as the borough of Coatesville. Terms were finally agreed upon with the president of the Turnpike Company, and all the rights, titles and interests in the road then held by the original Turnpike Company, and which embraced that portion lying between Exton and the borough of Coatesville, were transferred to Mr. A. M. Taylor, as trustee, for ten dollars per share. The original issue was twelve hundred shares. It was estimated that at least two hundred shares would not materialize, being either lost or kept as souvenirs. The length of the road secured was about ten miles. The disposition of the old road may be enumerated as follows:
SOLD | ||
To Hestonville Railroad . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . |
3$10,000 | |
To Lancaster and Williamstown Turnpike Company . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . |
15 | 10,000|
To Lancaster Avenue Improvement Company . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . |
17 | 20,000|
To A. M. Taylor, trustee (estimated) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . |
10 | 10,000|
aaaaaaaaaa | ||
Total miles sold . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . |
45 | |
Total purchase money received . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . |
$50,000 |