Evening star. [volume] (Washington, D.C.) 1854-1972, 1862-05-06

said parties or at their instance and TO stock the
| same with suitable cars and horses and their ap-
purtenences, 30 soon al they may be supplied by
the said parties OF the first part or at their In
| stance with adequate funds for the purpose; and
| the said company hereby agree TO commence the
| said branches within - from the date
hereof or as soon as the necessary funds shall be
provided and placed under their control, and to
urge the said branches to completion In good
faith by the earliest pract cable day, having re-
gard to the proper execution Of the work and to
| the funds placed at their command as aforesaid.
| II being understood, however, that the branches
| TO the Long Bridge and steamboat landings, az
Pennsylvania avenue or any part thereof, except
where IL may be necessary to cron the same,
should the said company hereafter construct this
last named branch, may be constructed at the
| expense Of the said company; however, with
| reference to their convenience as to time, and
| to their general transportation. The said branch
| TO Georgetown being worked by horse power and
| not by steam power And the said company
agree that they will work the said branches other
/ than those at the Long Bridge, the steamboat
landings, and the aforementioned branch to
the said parties OF the Arst part at such times and
at such rates Of fare the said parties Of the first
part may tx from time to time; and that they will
keep separate accounts, not only Of the construc-
| ton but OF the working thereof, and that they
| will render monthly statemen ts of the receipts
| and expenditures on account thereof, to the said
parties OF the trst part, or such other parties
they may direct; submitting the books containing
them at all times to the inspection Of the said par
ties Of the rst part, to such parties they may
designate; and that deducting from the gross
receipts all expenses and outlaws for repairs and
renewals after the said branches shall. have been
completed and stocked, and all expenses incurred
In working said branches and keeping the ac-
counts thereof, and all damages which may have
been recovered against the said COMPANY as the
parties responsible to the public In connection
with the said branches under the ct of Congress
| aforesaid, and the charters Of the said company,
together with all costs and Incidental expenses
connected Herewith, the said company will paw
TO the said parties Of the first part, or to such
parties as they may designate, the surplus remain
hereby expressly declared and agreed that the
said company shall not be obliged to work tie
said branches in such a manner to produce less
than the items hereinbefore authorized to be de-
Quoted from the gross receipts Of the same.
And the said company further agree that when
ever authority shall be obtained from Congress
for that purpose, they will forthwith transfer to
the said parties OF the first part to such parties
as they may direct, all the branches constructed
by the said company under the agreement, except
the branches to the Long Bridge and steamboat
landing, and the branches to georgetown last re-
ferred to, with their rolling stock and Its appur-
tenances horses, harness. and also all other prop
erty, buildings and easements used and employed
with the said roads respectively, and acquired
by, or by the means OF, the funds supplied az
herein before provided by the said parties OF the
first part to them with all the franchises relating
thereto, upon the settlement Of all amounts up to
the dav Of transfer, and upon being rel ased from
all liability on account OF the said branches ex-
I cept as last excepted and the working thereof
| Mr.. Fisher did not like the reading Of that
I paper. He wanted Street Railroad, but was
| opposed to placing the Corporation In the power
| % the Baltimore aud Ohio Railroad Company
He had had dealings with the company, and
they would take every advantage.
Mr.. Magruder fully concufrei with the gen.
tleman. That Railroad company has never done
| anything 10 benefit the city; and the agreement
| was ambiguous that the Corporation would
| be completely in the power OF the Railroad COM
Lya hat fha
| bill be laid over, so that II and the agreement
might be printed, and members might examine
| II at their leisure
| Mr. Brodhesd thought the agreement could be
| safely trusted. Mr.. Bradley, the Corporation
| Attorney, had drawn II; ard 1t was the basis
| agreed upon by large number Of the commit
tee. He thought It an excellent bargain for the
| city.
| Mr. Magrudsr said the same had been said
| about the Washington and Alexsndria railroad.
Mr.. Dove bad entirely misunder TODD the bill.
He thought the railroad company were willing
| to build the branch tracks for the privilege Of
| running their cars by steam to the Long Bridge
| &c. Until this agreement was read he never
heard that the city was to furnish the money. II
| that was the case, we had better employ our own
| agents.
| SIR. Brodhead said the city was only to furnish
| the money for the passenger railway tracks.
/ Mr. Dove argued that the company would never
those they n!g ut require for their own transport
1 tation.
II Mr.. MdQHuder tnOu0 nj this agreement was In
/ tended to build road for the convenience Of
| other parties at the expense Of the city.
Mr.. Dove said II was not reasonable to suppose
that they 1.-THE railroad company would construct
/ branches; and he asked whether they did not
/ claim the right TO this road.
Mr.. Brodhead explained. The company would
i transfer the branches so soon 30 Congress would
pass act; but they reserved the right OF trans.
| portation to Georgetown, &c.
/ Mr. Dove Then 1t Is not free transfer. II
| the city was to furnish the money, he would not
| give the company full control Of the books and
accounts. The company controlled everything
Their employees run the cars their clerks kept
the books and their agents dlsbursed the funds.
Mr.. Lloyd was present at the meeting Of the
\ committee Of the Councils with the directors OF
l the railroad company. They were willing to
transfer the road for certain considerations. The
company would be simply IN the position of trus-
/ tees for the Corporation; and no one would ques-
/ engagements. He had no hesitation In entrusting
/ them with funds, and would do so.
Mr.. Magruder argued that the company had
i never showed good faith towards the city, be he'd
never seen but document that could equal this
| agreement, and that was the letter Of the Mayor
| Of New Orleans to Commodore Farragut.
| Mr. Bohrer thought the passage of this bill
| and agreement would be going great way round
to get at certain thing. Pass this bill and you
could not raise ESQ 60 In the city
Mr.. Brodhead said the committee Of which he
was chairman, desired to pass something to FORE
| stall the bill before the Senate, which was for
| the benefit OF New York spectators. The agree
| ment here offered he thought was the best one
for keeping the matter III the hands Of the city
| IL no action Is taken now, the Senate bill will
pass to- morrow.
Mr.. Dove said no party who obtained the
privilege would wish TO run the road I'm Opposi-
| ton to the wishes Of the people He did not be-
lieve that Congress assumed full control Of the
| streets.
Mr. Magruder argued that under this agree
ment the Railroad Company was responsible for
nothing, while they would hold the Corporation
responsible for all Losses and damages.
Mr.. Brodhead could not see how the city could
be made responsible for damages.
Mr.. Lloyd said II was the Councils who sug-
gested these franchis to the Railroad Company.
He did not believe the object OF the company was
to increase their power and profits. He wanted
to see the city benefited.
Mr.. Magruder's motion prevailed; and the
board adjourned.
BodTf Of Common Council "A communication
was received from the Mayor, stating that he had
approved joint resolution relating to the walls
Of certain brick buildings.
Mr.. Mohun offered solution requesting the
Mayor to inform the boards to the cause Of the
dils pidated condition OF certain pumps; whether
| IL 10 owing to the negligence Of the pump con-
frac tors and hat lant sls a.