Boston Surface Railroad: Worcester-Providence Commuter Rail

BandA wrote: ↑Tue Aug 20, 2019 1:35 am Looks like they set up a NH corporation in 2018. NHDOT's Bureau of Rail & Transit approved the use of railroad in their company name. Someone should check if Subway is registered in NH

They did not file their 2019 annual report on time. Due 4/1/2019, it was filed on 7/24/2019, so presumably they had to pay $150 instead of $100.

Since they are no longer incorporated in MA, do they have to update the information with NH now or when they file next year?

Presumably Manchester - Lowell OBS wouldn't have to pay MA income tax if they live in NH & start/end their shift in NH, since most of the mileage would be in NH?

[OT] do you have to register your business in NH to conduct business there? In order to register a business in NH you apparently need a Registered Agent with a NH address.

Ridgefielder wrote: ↑Wed Aug 21, 2019 11:47 am
That's what I think, too.

So a historical reference, and a rather obscure one, seeing as the Boston Elevated Railway was absorbed by the MTA in 1947 and so far as I know didn't even linger on in colloquial speech like the IND/IRT/BMT did (and do) in New York.

ADMIN ADDED FAIR-USE QUOTE:
WOONSOCKET – A train company trying to bring passenger rail service to the Blackstone Valley appears to be on shaky financial footing after a series of lawsuits accused them of withholding payments from state and private entities over the past several years.

The Boston Surface Railroad Company, a startup rail company founded by entrepreneur Vincent Bono in 2012, is currently in a dispute with the Rhode Island Department of Transportation over lease payments on the train station at 1 Depot Square. The company began leasing the state-owned station in 2015 to serve as its headquarters and a future midway stop on a Providence-Worcester route.

According to court documents obtained by The Valley Breeze, a District Court judge ruled in June to award more than $8,000 in lease payments to the RIDOT after the BSRC failed to pay rent on the building between July of 2018 and April of 2019. The suit alleges the company failed to pay $1,000 per month in rent and also accuses Bono of several other violations of the lease, including living on the property, making capital improvements and subletting to tenants without RIDOT’s consent.

It’s not the first time the company has faced legal action over a failure to make payments. In February, Kun Realty, a Cumberland-based real estate company, sued the BSRC for approximately $70,000 after the company defaulted on payments related to the sale of an Arnold Street property. In 2018, a Johnston-based law firm filed a similar lawsuit against the company for failure to pay approximately $5,000 in legal fees.

Bono was on vacation and not available to discuss the issues surrounding the company this week.
...

The suit alleges the company failed to pay $1,000 per month in rent and also accuses Bono of several other violations of the lease, including living on the property, making capital improvements and subletting to tenants without RIDOT’s consent.