History of Westchester County, New York, Vol. I
The contractors were, Sections one and two, Peter Sanford & Co. ; sections two, three and foun Dunn & Lowther ; sections six and seven, Beattie & Edwards; sections eight, nine and ten, Richard Dooley. Under Mr. Reid's care the whole line has been since improved in every way and ranks first class. The stations along this road are Port Morris, Casanova, Hunt's Point, West Farms, Van Nest, Westchester, Timpsons, Baychester, Bartow, Pelham Manor and New Rochelle Junction. The road is 12.13 miles in length.
New Yokk City and Northern Railroad. -- This road has reached its present condition and assumed its present name after having passed through a very varied experience, and been known under several different titles. The pereons with whom the idea originated were John Q. Hoyt and Andrew McKinney, who were instrumental in organizing what was known as the New York and Boston Railroad, in 1871. Of this organization John Q. Hoyt was president, and Andrew McKinney, treasurer. The road was to run from New York to Brewsters, in Putnam County, and was there to connect with roads leading to Boston. The larger part of the right of way was purchased, considerable grading done, and a portion of the track was laid, but much of the right of way was obtained under conditions which were never satisfied, and the land reverted to its original owners. In 1871 a combination was formed between this road, the Dutchess and Columbia Railroad and the Harlem Extension, the consolidation being known as the New York, Boston and Montreal Railroad. Under this new organization, of which George H. Brown was president, large loans were negotiated in Europe, the principal creditor being the Franco- Egyptian Bank of Paris, and Bishop Scheim and T. Gold Schulz of London, who advanced several millions of dollars; but the foreclosure of prior mortgages, and the sale of the road rendered these advances a complete loss, and a suit has long been pending in the United States Courts to determine the j)crsonal responsibility of the trustees who had the handling of the funds.