 The BH&E went bankrupt that same year, becoming the New York and New England Railroad (NY&NE), but the NHM&W stayed separate, failing in 1875.It was reorganized as the Boston and New York Air-Line Railroad and was operated by the New Haven from 1879, being leased on October 1, 1882.Part of this line (the NY&NE Blackstone division to Franklin via Norwood and Walpole) still survives as the Franklin Branch of the MBTA/MBCR.