With the property owned by the
Connecticut Co. out of the Shore
Line system the receiver will still
have for operation tile original sys
tem of the Shore Line which Includes
the New London-East Lyme. Norwich
-Westerly, Groton-Stonington, Paw
tucket Valley, Ashaway-Westerly and
the original Saybrook division.
Robert W. Perkins, receiver of The
Shore Line Electric Railway Co., on
Monday evening characterized as
mbuch too broad a statement which
appeared Monday morning in a New
l-ondon morning paper that the Shore
Line Co., Is to wind up its aSntn
gradually and go out of business
eventually. The statement which ap
peared was as follows:
Receiver Robert W. Perkins of the
Shore Line Electric Railway company
stated last night that it would take
some time before the company can
cancel its lease of 99 years with the
Ponneetijcut Electric Railway com
pany. Although a court order issued
last week authorizes Receiver Per
kins to cancel the lease prematurely
in behalf of the Shore Line company,
there are legal steps to go through
which will necessarily involve much
time.
Receiver Perkins said that he could
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not even predict Just how much long
er the Shore Line company would
operate the lines which are to be
turned back to the Connecticut com
pany. What the Connecticut company
will do with the lines, Mr. Perkins
stated that he was unable to say, bu'.
