New Yorker Buys the Buffalo and Susquehanna for Bondholders.
BUFFALO, N. Y., Sept. 13 – The property of the Buffalo and Susquehanna Railway, consisting of about 80 miles of trackage, several stations, and rolling stock, and operating between Buffalo and Wellsville, N. Y., was sold here today to Morton G. Bogue of New York, representing the bondholders’ committee.
The sale was under a $6,000,000 mortgage foreclosure and the price paid was $300,000.
Source: New York Times. New York, NY. September 14, 1915.