An Inclination Now Shown Not To Press The Foreclosure Of The First Mortgage
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The disposition of the holders of the first mortgage bonds of the Montclair and Greenwood Lake Railway Company to foreclose the mortgage and take possession of the road, at the same time wiping out the interests of the stock and second mortgage bondholders, appears to have been very much modified by the article which was published in THE TIMES of yesterday. Source : query.nytimes.com |