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Medford Historical Society Papers, Volume 16. 4 0 Browse Search
HISTORY OF THE TOWN OF MEDFORD, Middlesex County, Massachusetts, FROM ITS FIRST SETTLEMENT, IN 1630, TO THE PRESENT TIME, 1855. (ed. Charles Brooks) 2 0 Browse Search
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s for a railroad to connect Medford with Boston be granted. By the act of incorporation, the capital stock shall not consist of more than one thousand shares at one hundred dollars each. The Act further stated, If the said railroad shall not be constructed within two years from the passage of this act, then the same shall be void. It was readily finished, and proves to be a most productive and convenient road. The Stoneham Branch Railroad Company was incorporated May 15, 1851; Thaddeus Richardson, Amasa Farrier, and William Young, named as the corporation. Section 7th of the Act has the following condition: The construction of the said road shall not be commenced until the capital named in the charter shall have been subscribed by responsible parties, and twenty per cent paid into the treasury of the said company. This road was commenced and graded from Stoneham into the bounds of Medford, where its further construction suddenly stopped. That its proposed course through Med
Medford Historical Society Papers, Volume 16., A projected Medford railroad. (search)
ttle was done, however, that on April 21, 1848, the general court extended the time of location to April 23, 1849. As the conditions were not met, this charter lapsed, and on May 15, 1852, a second charter was granted. Mr. Brooks names Thaddeus Richardson, Amasa Farrar and William Young as corporators. Mr. Farrar was a civil engineer and probably surveyed the route the road was to take. By the charter provision it could connect with either the Medford Branch or the Boston and Lowell. ded by Mr. Perry for the selectmen to do what they thought most for the interest of the town, and under this wording they favored the road, Mr. P. C. Hall being chairman of the selectmen. In locating the road through Mr. Benj. L. Swan's land Richardson the President had it laid out down through the garden, within thirty feet of the house,—thus wantonly and unnecessarily destroying the value of that old mansion as a pleasant residence!— when the proper and natural route, was along through the