New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1853-06-21
LAW INTELLIGENCE
SUPERIOR COUaT-SrEciAL rEkM.- Beloso Judge DvER.
BROADWAY nAIialAD

SUPERIOR COUaT-SlEciAL rERa-bet,so Judge DUR.
BROADWAY RILA1AD
Tie arguing ~ the validity ot the grant, the effect Of
road t- property the street the expense OF making
ard running The road &C. was continued
Thomas l.. Davies gecHllea-Ihe calculation have al
resd, eve. Il, correct 90 saturday gOi gnesrs aud
Neit through SAth road works, aud made more
u calculation t. probable cost " the road IN Broad
way running expense, and other things connected YIN
30. The probable cust OF Broadway Railroad sl BE- about
$4,000 ue objected % not fully expert. bat al
loved make the cost II thu ye me, between the nth
Ferry and Fifty uinthst S9b4jOi cost a osr- -22OJ)
lor,ts S-tONU. bare ss, 5000 % Its tDr depot and
buildings. 100000 other expenses. s2DJOJ liking tns
whole OF the road syl5223 the running expenses
would be- Tor 900 horses s-l2' l1 conductors az -
Csv S-gCCO ~ drivers u 81 30. so6145 100 men -
clear ana take charge al the track ~ o. -315OO salary OF
the President $4,000. Secretary and Irea-urer $1,000
other clerks agents sc $1,000 Croion water sl3oO
oil Tor cars sl-25 Oh for harness, slys4 VII p. si5-
a. aud n fr gLt 81 sJO incidental expenses $4,000
hen deduct DEF recitation IN wear If r A. sj2-O deore
cafCn Of cd sJ62J depreciation ia he cars s-309
depreciation in the harness s7,ljO depreciation IN
toises, $4,000 making the grand total o! running *
penses 5000.
As to the profits Of the road take 100 2tpassenger
cas- lwhicb the size ID Sixth and Egth a's At 10
cay each which 10 s7j2OOO year deduct the running
expenses. s5l0 0s5-leaviDg net proht 81 sl2i53oJ
which the itt-rc on s2O5s-ilo o. leaving surpluA
after Eayirg running expense aud i,idng per cent
n cost Of { lssss- d. Tne witness said tn figures
we're large be almost afraid to state h5n bat they
were nevertheless lie then went into calculation
a. to the receipts and -xpenses Of the omnbuses ia proof
ihst be correct When the line extended the proni
vii be still more.
Nv Judge stated facts snia 10 these before the Con.
uee preyiOu. the grant-.nd showed then that the
road allowing the humber Of passengers understood 20 be
on the rae would sford ~ one cent fare $4,000 year
heinz he interest On 433 1888 At cents fare s34J 100
3 cents Sol3 200 cents Ssso00O cents llJ-sOD 81
ceLts 200 IL this view Of things told the Z IN
nee 1 willing 10 give one million OF dollars Tor the
grant ard 10 give ITity They said nothing about the
frnsy lines aud the Committee took no mOr- notice ri
Us thar # We were there dd they take aDy trouble
=, noniTe whether security would BE- given or not We
aut.d 10 sui nit adayits 10 every thing had sad
10 the Coumftces 10 the calculations the road being
nuisance but not permitted % do 20 We spoke
Of transverse lines IN Board u Assistants before the tang
gOf through
value of the taken 0ribe road, $40 J)J.hal
= ~ the mode railroads are usually buf Think would
rather have this road even than the Enc road.
BY Mr. Felc-DO not rccOllect that IL said before
fhs Committee that q cars in ,tead Of 10 would
swer / offered for the road in good faith am able "a
build the road myself without AID from Others snt the ad
sh,ud have been running nov had obtained he grant
an worth $4,000, which is enough b. build the road
take the calculation Of the grantees as o passengers
passnf tbe Museum. the snCuBt would b. 6llOJ0-bu
rot include the TAXI q up and putting down aon1
TIE line Of the road DO not know the 4 any
the petitioners. in connection with myself but had been
sfrObg opponent Il the rOsc link road might increase
the of vacant lots IN the upper part Of hs Ct5 d.
lot know whether il would not do Lot think il woaic
be benefit 20 the City or 10 the travelling public have
always thought the road she ud be a0ng II Brosdp
anywhere the million Of dollars ofer r perpetu
grant should have been wiling t. give s4o0cJO yea
With power n the Common Council AZ any tune @ aonl
the grant hat would not amount 10 much. al been
pesd 10 purchase the omnibuses thai would n0 ave
MADE any difference the first thing n uld have ,ae
any rate would have brentO buy Oh the omniouse7 "
obtained the grant should have thought WY uyu
thing to the City, it would destroy Bro4awAy ~
I'D nave built the road bsLeye grants o. roA'
been given to The highest bidder bat Was 'HS wv