The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1868-06-23
THE CENTRAL uNOeacRouNO RAlwAY.

,pissjou Of Passengers Ceutemplated-The
Company incorporated and Partially Or.
sanized-The Act Of ACKNOWLEDGEMENTS
Board Of Directors Chosen-PropOsed Eiec-
sion of President To-Day.
The necessity which I'm consequence OF the topo-
graphical formation OF the island Of Manhattan)
exists for the opening of direct avenues that shall
connect the extreme southern and northern sections
of the city and on which vast and rapidly increas
ing neutrality-suspicious. interference with the Ord
nary commerce o. he people or the particular trafic
of the sreets-may be conveyed In the shortest pos
sibe period of time has become imperative.
IL has been found-indeed, no one for years, me as
uring the necessities Of the people, has pretended to
the conrary-that surface railroads within the more
ensey populated districts OF the city altogether
600 slow and inconvenent, and every way made
auate to the present wants OF the community. AS
the city increases in the extent Of its business and
resident population as the waste lands in the more
northern parts OF the island are improved by the
erection of dwellings, the surface roads viii
be found nuisance rather than an accommodation.
When first Introduced the upper wards did not then
contain third of their present pOpulation-they
were sufficient for the demand; but, as from the
south side OF Fourteenth street the vast majority OF
residents have since emigrated northward of that
thoroughare, the time it requires to pass from the
residence to the place Of business OF the citizen Is
somewhat appalling. If he lives anywhere north Of
Thirty fourth street and his business Is conducted
south OF the City Han he may calculate with positive
certainty besides being necesstated to stand every
other trip on his way up or down In crowded. filthy,
badly ventilated cars brought into close conguity
with every form oil vileneSS and disease) on loss
OF from two to three hours daily, from twentysix
TO thirty mine days in the three hundred and thlr-
teen working days OF every year. f.f sf
This is too serious tax upon the time OF any man.
No person, be he wealthy or poor, can afford to
throw away from one-fourteenth to one-tweIfth OF
n nfp rlln I'M
distance to be traversed can be accomplished at a
much cheaper expenditure of time and health in
these days of speed by steam and by electricity. The
business man land certainly not his subOrdinate)
cannot afford to waste hours daily and undergo ply.
while returning to his home at the close Of the abors
Of the day, If by any possibility he can accomplish
the same ride in one-third of the time now wasted
besides breathing pure air and having ample room
In which to sit and move, and that without being
rudey Jostled his garments torn and soied. and as
is too frequently the case his pockets rned OF their
contents.
The necessity for the introduction of more popu-
lar, cheaper safer and quicker mode Of conveyance
has engaged and Is now engaging the attention of
engineers inventors, capitalists and others inte-
rested In the progress OF the CITY, the health and
cessities OF the people. Elevated and underground
railways have been suggested and planned. In
an osd Which to be
in the plan proposed by the association incorporated
by the Legislature Of the present year under the title
Of the New York City Central Underground Railway
Company, which has for its object the construction
of an underground road commencing on the easterly
side Of the City Hall and extending to Ninety-second
street, and thence to Harlem river the tunnel
which is thought practicable to build will permit
of the introduction OF tracks on which heavy engines
and cars be placed that will pass from one end
of the city-north and south-to the other In one
third Of the time now taken by the surface horse
phere, pure 1t Is possible for thorough ventilation
20 make 1t, added to suficient room to move and
rest In, making the ride on all occasions rather Of
on the nth inst. the corporators of the Central
Underground Railway held meeting at their office,
This Board s constituted Of the following gentlemen,
oil well known and responsible citizens:-William
brown, George Grswold, J. Boorman Johnston,
William H. Duncan, Andrew II. Green, Edward
Dodge, George W. Mclean Henry Smith, Henry F.
venes for the purpose Of choosing president, sub
sequent to which arrangements will be made fol
20 ITS capital stock Of SIC, 600 o0O-a sum amply sui
ncient so the engineers and surveyors declare, te
build the tunnel, place the rails and otherwise
For the Information Of the readers Of the HERALI
We herewith publish the act Incorporating ant
authorizing the company to construct an under
AN ACT TO incorporase the s New York City Central
the said company TO construct and operate o GER
tain underground railway in the city Of New
The people OF the State OF New York, represented
in Senate and Assembly, do enact as folows:-
George rswod james Boormap johnston SeSrae
D. Craigen, James N. Brown, William E. Dodge, Hen.
~ f. Vail, Lewis B. Brown Edwin Dodge S. w. Hop
kns Edward X. Pell J. s. Thayer, Clarence $. Brown
Henry Z. Davies, julius F. Cheesbro, w. W. Hunting.
ton b. NJ. Hidreth, J. s. Shuttle, Henry w. socum
Horace Deming, John Phillips, Everett II. Kimbark,
Bryan Lawrence, Joseph Dixon, Eugene Bissell,
Henry Marshall, Edwin J. Mckee, Royal n. Torrey,
Thomas Canary, William johnson, Bernard Kelly,
William @. Squler, John Fitch Edward G. Byrne
Henry Smith, Benjamin Weed, Edward Coles Dan.
Eel X. Jewett, Ezra Clark, Jr., Isaac Bell aud
porate and polite BY '' the name name of The New New
York City Central Underground Railway Com.
pany." The said corporation shall continue for one
hundred years from the passage OF this act, and
shall be located in the city of New York, and the
capital stock shall be $4,000 900, divided into one
hundred thousand shares Of 500 each.
SEC. q The business and offices Of said corporation
shall be managed by a board OF thirteen directors
who shall be elected annually 10y the stockholders
and the first election OF said directors shall be held
In the city OF New York within three months after
the passage Of this act and the day and place there
porators herein, and they shall give notice thereof to
each of the other ncorporators herein named, which
notice shall be delivered at or mailed TO their
respective places of abode or business at least
twenty days prior TO the time of such election
and such OF the corporators shall attend person
OF by proxy shall appoint two tellers to conduct the
election and declare the result, and the directors
there chosen shall hold their office for the term OF one
year and until others are chosen IN their places.
SEC. g. The corporation hereby created shall pos
cess all the powers and privileges and be subject TO
all the provisions OF the act entitled Gan act 10 au
thorlze the formation Of railroad corporations and
TO regulate the samen passed April 2, $780, and the
several acts anendatory thereo1 and ADDITIONAL there
TO, except far the provisions OF the said are
modified by inconsistent with the provisions Of
THIS act and the said corporation hereby authorized
and empowered 10 make. construct and maintain q
tunnel, and to construct operate and use therein
double track railway and the necessary sidings and
70 convey passengers freight and property In cars
propelleu oy steam or other power, for CON-
pensation under and through the soil. beneath
tain streets, avenues, squares and grounds In the
city OF New York. a. hereinafter specified; but said
corporation shall have right TO acquire the use or
occupancy OF any OF the streets or public places in
the city OF New York under the provisions of the
said acts, or by any agreement grant OF the city
authorities, except such use occupancy as Is
granted OF provided for in this act and except such
Temporary rights and privileges, during the period
OF constructing said tunnel and railway authorized
IN this act the proper authorities may grant to
said company TO facilitate such construction.
SEC. 4. The tunnel and railway hereby authorized
20 be constructed and enjoyed by said corporation
shall follow, as near as possible, the line Of the
streets avenues, courses and places named:-Com.
mencing at point on the eastery line OF Broadwa
In City Hall PARK and northerly OF the projected
southerly line OF Park place; thence easterly and
under ground passin1 front OF the old CITY Hail.