Feb 5, 2010

Historic Stewartstown Railroad preparing payment plan



(YDR) The Stewartstown Railroad Company hopes to have a repayment plan in place by next week that would appease its creditors and save the historic line from liquidation.
Company board members met Wednesday with representatives of the estate of George M. Hart -- to which the railroad owes more than $350,000 -- and the Bucks County Historical Society, which will eventually receive that money.
The estate and the society were open to the idea of the railroad paying back the debt over time, board member Ken Bitten said. Continued

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