• Boston Surface Railroad: Worcester-Providence Commuter Rail

  • Pertaining to all railroading subjects, past and present, in New England
Pertaining to all railroading subjects, past and present, in New England

Moderators: MEC407, NHN503

  by MaineCoonCat
Well, looking at the Operating Report for Aug 2020, I do not see any mention of 2027 as an asset or any expenditure for it's storage. I do see an expenditure for a bus registration. I checked October, in case it would be paid quarterly but found nothing for 2027's storage nor any mention of it. Hmmmmm..
Operating Report Aug-20 11616203811.pdf
Operating Report Oct-20 11616234859.pdf
You do not have the required permissions to view the files attached to this post.
  by MaineCoonCat
BandA wrote: Wed Sep 13, 2023 3:16 pm Almost 120 days left to reinstate the business registration...
As it's been many months without them addressing the expired website certificate, I would counsel against holding one's breath.
  by MaineCoonCat
So what will happen with 2027 if the storage fees aren't paid? How would that be handled?
  by Dogbert666
i suspect P&W will want to have a lawyer button this up, but if someone leave something on someone else's property... it becomes property of said property owner.

I don't know all the specifics offhand, but over in NJ, when the IRS seized NY&GL's property and resold it to a real estate developer, the developer became the legal owner of all the trains, buildings, rails and junk on the property. Having no interest in it, he donated the trains to Operation Toy Train, who in turn has re-homed nearly every car.

This may play out similarly, where P&W eventually owns the 2027 and in turn sells it. Given its non-secure location, I wouldn't be surprised if it's already lost a fair bit of copper. Anything can happen but I doubt it will ever run again.
  • 1
  • 51
  • 52
  • 53
  • 54
  • 55