The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1870-11-26

MISCELLANEOUS.
to buildings as may be ~
the maintenance and carrying the business Of erhIb
Ing the products goods, merchandise
mechanical Inventions improvements of evsrv paor.
and kind, and such are usually exhibited Al alr1
award ami pay exhibitors therein such prize. and
medals and honorary distinctions they deem prod
per- and to lease, let STALLS stands, rooms and
places in building buildings upon such terms and
conditions Board of shah deem best for md
of said Company for the promotion of
ART, commerce literature; the said COMPANY II
hereby studios and picture
galleries. and to exhibit therein paintings satuary Of
any buy and sell paintings and
statuary prizes the creation OF nd
Board of Directors may deem proper GEM
orally said Corporation shall have the power to AIRY on I'D
said buildings erected for purposes hereinbefore menu
toned all legal and proper business And Corporation
hereby further authorized purchase and hold by gn4
subject to all provisions law relating devses and BEL
quest by last will testament grant, conveyance.
real therein which be necessary
useful for carrying hereby authorized 70
be carried on by said Corporation
SECTION VIII The building 10 shall be nrei
''0 IMPORTANT TO STOCKHOLDERS
company, being directors shall incur no aS
ties beyond the amount Of the capital stock held owned
the privileges that it was rich. for the State of Ne
York 10 grant to corporation have been In its charter gran
ii now rests with the people to complete this work.
Seventeen Crystal Palace
estimated that New York received benefit from Al
enterprise Of not less 'hsp qTy millions OF dollars
INCREASE OF THE POPULATION OF THE UNITED srArns
Population y ,D OF SsS s,s,ss u SINCE 1880
ropuaon q the v 1ns STATE; s o isO... 4SsoS
rop"aon 81 Of New New YORK YORK civ civ -
No. Of miles Of railroads 10 Iss aa
tpse being carried out bets our naton and the tide %
travel will turn and bring hhe in crowds the inhabitants %
transatlantic countries.
ELIGIBILITY AND MEANS OF COMMUNICATION.
The Palace vii, be situated below the centre of the
only one block removed from Central Park New YORK;
Central Railroads. the Harlem the New
York and New Haven Railroads, will all have depot th
Madison Avenue other Second Avenud
Railroad only feet distant The East river IN only d
feet away No other spot on the island so central and
easily reached by the people Of both Brooklyn EeM
York.
WILL THE STOCK PAY? J
THE SOURCES OF INCOME ARE:--Rent entrance fecS
OF exhibitors admission fee VISITORS for
There space TO be rented 70 exhibitors, 26l0 0N
square feet at 81 square foot, e9as' TO $2A4OO0
80
visitors ought to there being $1,000 NeM
York each 200o q 80 centa each$l per year.
Each exhibitor viii be required to pay following arr
ticles:--
$40 per year Police per yea4
Water. ~ per Janltors. ~ per ye&4
Heat........:;s.. 4oper year - o
Si'0 p'r kkfssc5xrlTULxrfoNS.' ''20'0" !,
income from rent at vi per square foot 80 saa0Y
Entrance fec for exhibitors at sa0 each. e60OO4
Twelve thousand visitors daily. at 80 cents each 160O9
Cas- water, heat anors and police vt $l0 each. 5520
Total income. ........... ......:... $sl24Oot
Est, mated expenses, including interest and sinking
fund, ut rate OF 81, 900 annually. S93o
Net income ......................S $685. GOD
The estimated receipts below the receipts Of aimAf
enterprises and the greater than have
been experienced including their purchases Of "Fne
curious machinery and cur0siiies. 4
The upper the building will be art gallery WITH
width OF the art gallery viii and the length
VIII DC $3.50 feet two OF paintings which will gh4
1870 feet Of wall or space length which to eXhbi1
paintings
The second story top will given al
studios such space of may be needed, and q
library will be included such nOor
There viii be four at each corner of
building.