Apparently, the Belfast & Moosehead Lake Railroad is supposed to be sold on Friday (July 15, 2005). See the article linked below.
According to the article, the B&ML RR is currently owned by the "Unity Foundation and Unity Property Management". There is no mention of Railstar in the article.
According to a poster in another forum, the main yard in Belfast is being ripped up and removed. This yard had been there for 125 years.
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Chris Webster [www.speakeasy.org]