The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1857-02-18
The Union Ferry Company.


THK C0MPANY's STATEMENT OF THnIR AFFAIRs
The Aldsrmanio Committee on Ferries met in the City
Hall at P. n. ysatsrday, Alderman Steers chairman
The matter before the committee an Investigation
into ne Affairs Of the Union Ferry Company, 70 leArr
why they refused to commute, So
JOSEPH A. Perry, being duly sworn sHit-I am the
Secretary and Treasurer Of the Union Ferry Company
and have been since Nay, 1851 the amount Of stock 81
that time was about 5000 oo0; our capital now $780,
0co; this increase has actually been PAID in cash. the
stock WAS all Issued prior to the organization under the
C.srns .nS Wal.
1863 then the stock to ssrly $500 0oO
BY the hrst Of May, 1864 smt un led 60 that sum
We are row paying an interest on $500 we lately
purchased properly in the 10 Yer psr Of the city 70 the
amount Of $ll5 O06 we purcnRp6 property Of VIII
liam me sys the os rr oas II fnE bs
ipss Of the Union Ferry Company some portion Of the
earnings may have gone to pay for IT. We purchased this
property because The title OF The Hamilton street pro-
perry disputed and there possibility Of our wing
10 give up In that case II would be Dece sary 70 have
to meet the shove mentioned con, ssnoy We had an
plcson for The ssle OF The Roosevelt street ferry we
ole red TO sell for $eS 0eo or 500 0 cost oeo
willing to cell II n lpss OF $50 900 or $780, 600;
tie boats cost ABOUT $50 0O0 ana lately sold one
of them for $1,000; we CID not want 1t. ana sold II
much cheaper than we would be Wiling sell the 9TH
e's; we are only required Ivy lease boat;
have been req aired to run more hg tee Com
mon Council hey run every hsf hour regularly
when 1t was good weather and no ice
Mr.. Perry-There must have been obstruction or
other, put extra Dat Of our own good wilt.
We we're NOT required to DO so by the C,mmoa Councl
We consider that now obeytng and fulfilling our
lease; rent the property A the o OF Degra street,
5000
Chairman-There Is no mention OF that in your re-
ceiptss don'i know - there IL,
Charm Has n boen the policy OF your company
TO do oil you to bring the Roosevelt street ferry
INTO d.reputsf A. No, sir, We eude ,S -, to
which receive for saloons so at ferry iSndinss
credited in the receipts Tor the ferry; when We
two boats running and in good orders our lease s the
same IS thai o. the com ,auy whcn formerly possessed
this ferry re took the Roosevelt, street fry in Deem
Der, 1898 We took u SIMPLY on he lease and did not
know that there any ordinance directing that 20
boats should be run upon he CRY.
Nicholas Van Duyne, beng sworn, ss,d-I an superin
tencent OF the Uoion Ferry Cmpxny have the control
OF the running OF the boats under tDe direction OF the
Executive Committee OF the company tae directions OF
given are, that boat shAli DC from q In the
morning until O'Clock at night as fast az possible
think there have no, been tines vi bio tn, sa week.
when he boat, old not for forty and forty i've
minutes, unless tners va some ob,Tuctions; have
never hesr5 Of the Common Council sdoons reso uioas
requesting and requiring tnl the Gooverneur streei
ferry should bAyt boaM running more freqnenty or
regularly.
There are two boats nov running on the Catherine
street ferry; the boa, run on umo-ooe boat leaving
each aide every ten minutes run taep from o'clock
ordnance from the Common Council requiring toat the
boAs should be ron more often or at different time;
have four be ats Ss and beng aired A the foot
OF Atlantic uett, South Terry, where have all
repairing done; have four 5oati tho Fulton ferry
We on That ferry I'LL IL o'clock at Night
Mr.. Jan &c McE Liz beps worn. said-l an the Chief
Er gneer OF the Union Ferry Company ng dut, Ia TO
TO The engines ard the renrirs Of ire boa generally;
generally give the order fer iasog one boat of from a
ferry and putting another on; II auy de'ect u made
known 10 In tue boiler Of boat elsewhere either
so and examine myself or ,end nv assistant; Were
the boat requires II, we Immediately ,ase nor OF aud
have her repaired bosu IN ,od condition ths
morning and erecuy SAFE never heard the Executive
Committee cay Why the company refused 10 commute
the tus Of all boats good The bosts other
wse greatly injured by the Ice; broke the wheels OF
mosi Of them; they nearly all repaired the De
probation Of the toats Is about per cent per annum
1he boap nos much better than they In l6t8
ard 4q-iney are better In every rosrect
Toe Chairman said tbs, be had received letter from
Mr. Smith. the msragng dire,.or Of the Unlon Forty
mpapy, stating ths, he 10 In Albany, but would
be happy 10 meet the committee on Saturday or
Monday next, snd give them ali tho information Ia his
power about The affairs OF the Company The committee
then adjourned MI Hon9Ay next At O'Clock, p. Toe
Chairman requested the reporsrI to mention toe time
OF meeting through the press invite tue Ferry Commit
BrOohlyp Common Council and OyneYo.