In the matter of the petition of the Lowell & Suburban Street Railway Company for the approval by the Board, under chapter 316 of the Acts of 1895, of the acquisition by said company of certain real estate, known as ' Lakeview Park,' for use as a pleasure resort.

It appearing, after public notice and hearing, and upon investigation by the Board, that said petition has been authorized by the unanimous vote of a large majority in interest of the stockholders of said company at a meeting called for the purpose; that the amount of the proposed investment is less than four per cent of the total amount of the present permanent investments and property of said company, and is not disproportionate to the volume of its traffic and earnings; and that the acquisition and maintenance of the pleasure resort in question may be not only advantageous to said company but beneficial to the public, it is Ordered, That the Board approve the acquisition by the said Lowell & Suburban Street Railway Company, by purchase at a price or cost not to exceed $73,025, of the lands situate on and near the shores of Tyng's Pond, so called, in the towns of Dracut and Tyngsborough, containing in the whole about 118 acres, and including in said purchase also the buildings, improvements, fixtures and equipments now on said lands or used in connection therewith for purposes of lawful recreation and pleasure. Reference is to be had for a description of said lands to the several deeds of conveyance to Ethan A. Smith and Percy Parker, the present owners, which deeds are severally recorded in the registry of deeds for the North District of Middlesex County, B. 208, p. 509; B. 211, p. 399; B. 219, pp. 538, 540 and 541, and B. 264, pp. 245 and 246; and also to a plan of said lands made by Hodges & Harrington, civil engineers, 1895, which plan is on file with the petition in this office.

The real estate and property so acquired are to be held, equipped, maintained and used only for purposes of recreation and for a pleasure resort, in accordance with and subject to all the provisions of said chapter 316 of the Acts of 1895.

Attest: Wm. A. Crafts,

Clerk.