BEEKMAN v. nuns0N mvnn wrzsr snonn RY. co. 7
in any lands, rights of way, easements, property, or franchises of the afore-
said Hudson River West Shore Railroad Company, and the aforesaid s
West Shore Hudson River Railroad Company. On July 21, 1871, the
West Shore Hudson River Railroad Company transferred and- set over
to the New York, West Shore & Chicago Railroad Company all its Fprop-
erty, franchises, etc., including those of the Hudson River West Shore
Railroad Company, and allitsiinterest and property therein,·and= the V
capital stock of the West Shore Hudson River Railroad Company, and
also the capital stock of the Hudson RiverWest Shore Railroad Com- ~
pany. The mortgage of the New York, ’West Shore & Chicago Railroad
Company was foreclosed May 4, 1878, and a deed on foreclosure given
to a purchasing committee February 7, 1879. . »   e
On February 18, 1880, the New York, West Shore & Buffalo Railway
Company was organized for the purpose of constructing and operating a;
railroad on thewest shore of the Hudson river, and by its filed maps
adopted in whole or in part the line of route of the above-mentioned
West Shore Hudson River'Railroad Company and of the Hudson River
West Shore Railroad Company. ‘ » , W -
On April 3, 1880, the North River Railway Company was also organ-
ized for the purpose of constructing and operating a railroad on the west
bank of the Hudson river, and it also adopted in whole or in part the ’·
lines and locations of the said two original roads. g · · . . .
The purchasing committee referred to above transferred its purchase,
August 5, 1880, to Conrad N. Jordan, who, on August 27, 1880,:trans+
ferred the same to the New York, West Shore & Buffalo Railway Com-.
pany. On the same day the said New York, West Shore & Buffalo Rail;
way Company transferred all its railroad, rights of way, property, frane
chises, etc. , in the counties of Rockland and Orange (including the prem-
ises in question) to the North River Railway Company. . .
On May 5, 1881, the North River Railroad Company was organized,
being formed by a consolidation of the North River Railway Company
with another corporation. On May 12, 1881, the New York, West
Shore &’Buff'alo Railway Company further ratified and confirmed the
transfer of August 27, 1880. On or about June 14, 18.81, the North·
River Railroad Company was duly consolidated with the New York,
West Shore & Buffalo Railway Company, underthe name of the New
York, West Shore & Buffalo Railway Company; The last-named com-
pany, on August 5, 1881, executed a mortgage covering all its property.
In 1885-this mortgage was foreclosed, and on December 5, 1885, deed
on foreclosure was given to J. Pierrepont Morgan and two others." ·
On December 5, 1885, the West Shore Railroad Company was organ.
ized, its route coinciding with the original line on the premises in·ques—;
tion ; and the same day Morgan and his two associates transferredrto the
last-named company all the property, rights,. and easements late of the
New York, West Shore & Buffalo Railway Company,. On the- same
day, December 5, 1885,-the West Shore Railroad Companywleased the
property in question to the New York Central & Hudson River.Railroad
Companyfor the period of 975 years. r !· e