Boston Surface Railroad: Worcester-Providence Commuter Rail

[MaineCoonCat]

Reports of it's death may be premature!
,
I just got word from Meteorologist Tim Studebaker of ABC6 (WLNE-TV). He reports that he spoke with the company and that the "dissolution" was administrative.

They do not maintain a physical presence in MA, while they have a physical presence in RI and NH. As such, it makes more sense for them from a financial standpoint to move the incorporation to NH. He assures me they remain in the planning and funding phase.

https://www.facebook.com/TStudebakerABC ... %22R%22%7D

I've attempted a lookup on the New Hampshire Secretary Of State's page however they are doing maintenance supposedly until Monday. I'll check again then.

NH SOS Page maint.PNG (27.23 KiB) Viewed 2001 times

[GP40MC1118]

And so it painfully continues...

I hope they file a letter with the STB imploring the G&W's new owners to be
friendly to passenger service like the Blackstone Valley Tourism Board and
the Northern Rhode Island Chamber of Commerce did!

D

[BandA]

The NH Sec'y of State link is https://quickstart.sos.nh.gov/online/Account but we will have to wait until tomorrow. Note the dissolution in MA was initiated by the Sec'y of the Commonwealth, not by the company.

[BandA]

The BSRR website is still up. There is a link I hadn't noticed before, https://www.fundable.com/BSRC. It mentions the term accredited investor. This is important because you shouldn't be selling unregistered investments to the general public, only to investors who are accredited or "sophisticated" and can perform their own due-diligence. Also states

We own two locomotives already, and they are currently being renovated and upgraded in New Haven, CT.

Also says they have agreements with P&W & Siemens.

[GP40MC1118]

Except that the two locomotives is now one, seeing that one of them ended up on the
Mass Coastal. The other one has been photographed in New Haven in storage with no
sign of work being done. So renovating them? CDOT? Passenger cars? Where are they?

D

[MaineCoonCat]

Ayuh! Alive an' well don'tcha know..
.

BSRC Reg P1
BSRC NH REG1.png (76.92 KiB) Viewed 1750 times

BSRC Reg P2
BSRC NH REG2.png (69.24 KiB) Viewed 1750 times

BSRC Reg P3
BSRC NH REG3.png (37.46 KiB) Viewed 1750 times

.
https://quickstart.sos.nh.gov/online/Bu ... sID=623334

[NHV 669]

Ayuh, I reckon y'all remember that Todd feller, he done posted before in this here thread.

[BandA]

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.

[BandA]

I suppose they wouldn't have to be incorporated/registered in MA to receive railroad grants since they don't own the facilities & would be contracting out any track work / construction.

[BandA]

BSRR was dissolved in MA on 06-28-2019. On 07-24-2019 they filed an annual report in NH stating that they were incorporated in Massachusetts. This was not true on 07/24, which is the effective date of the annual report.

[MEC407]

I keep laughing every time I see "BSRR" — the BS Railroad. Seems fitting.

[bostontrainguy]

Yeah I never understood the selection of the name "Boston Surface". I don't get it. Is that to differentiate it from the Boston Subterranean Railroad or Boston Monorail Railroad?

Unless there is an historic reference I don't know about, it seems like a stupid name.

[MaineCoonCat]

I've been wondering about that, too..

[BandA]

It's probably means not the Boston Elevated...which ran the subways.

[Ridgefielder]

It's probably means not the Boston Elevated...which ran the subways.

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.