New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1870-11-25

The above tract ~ land mas b''h nhhd"" j.! i"o
Industrial Exhibition Company" for the purpose OF
erecting thereon Palace OF Industry for all nations.
Said tract extends from Enetyeighth 10 One-undred-
and,ceond-st aud from the Third 10 the Fourtbaye,
forming an area OF 22I acres uncut by any streets
One OF the most crrditabc passed by the last Leg
slaure Of the state " NewYGrk was the act Incorporate
ing the industrial Exhibition Company OF Nc"-forf'
section " Of it, Charter explains the oheet' % th'
Company: 49,.
lied 10 purchase and hold such real estate az "5 w.
@ h sarv FOR the maintenance and carrying on
of the business Of exhibiting the prpuucfi evVu, ~
and disc machinery, mechanical inventions ana
inrovementa of every nature. and kind ana snch
a. are usually exhibited at fairs ana ~ s"ad anu pS
IN exhiltors therein such prizes and medals, and
Lono~aTy distinctions. a. they shall deem proper; ana 70
lease, let nr own stalls, stands, ruOns anu ph ~ "
bldng o. buildings upon such terms ana CONDITIONS a.
of said Company and for the promotion ., 1 C -
hereby further authorized 10 construct STUDIOS an' P
turt galleries, and 10 eNblht therein PAn,lnen a." III
statuary of any nature and klnI, ana 70 p1 ,riIs
such paintings and stauary, and to award suIn
Tor the creation of the same as su'h born VI I'M
may deem proper; and generally sald'
have power 10 carry In it, said buii etec'diO
the purposes hereinbeiore nrnllo,u ar IN sirther
proper business. And said Corporation ~ heIcny ~ ri
authorized purchase and hold by gIt subject =" %"
will and testament. grant lease or Conveyance a1 Ie
estate, interest therein. which shall d. neIessy H
useful for carrying on the business hefo'J "u'"'i'
be carried on 10y said Corporation.
SECTION VIII. The building to te erected >h" be- me
I''''' IMPORTANT TO STOCKHOLDERS.
Section TX OF the Charter reads:
SECTION TX. Persons Subscribing 10 the STOCK 0f ih'
Company or being Directors shall incur no PERSONA ma
bes beyond the amount or the caIlai so'A le'" '"N
owned by them respectively.
Attic privileges that it ght for the state Of New
York TO grant corporation have been III ~ charter
granted to this Company.
II now rests with the people 10 complete this Wow.
The country i ripe for tits great Improvement New
York is the center OF this country.
Seventeen years ago a Crystal Palace was orened IN
New-York.
That Palace was a toy house compared WIN ts' anu
the NewYork Of Il years ago was toyciiy compare"
with New-York OF to-day
It's estimated that SewYork received heneht rom
that enterprise Of not less than forty millions OF dollars
STATISTICS.
OF SEw-YOGR CITY SINCE 1850
Foundation Of the United states in 1880 ..23,l9S6
rnunlaton OF the United States In 1870 ..iO,00'Wo
Population OF New-York CITY ls.C-..-.' 2io'9'.
Population Of New-York City, loI0..... l,oiz'zis
No OF miles OF railroads in 1s50........-.. 40
No OF miles OF railroads In ls10-...-...... E'-'
In 1870 the United States by Europe regarded ~
secondary power. 10 loOitIs apPfecl'od - "'''"s
Government.
Its the fashion for Americans 10 visit Europe THIS
enterprise being carried ont behta our nation, the
tide OF travel will turn and bring hitler In crowds the
inhabitants OF transatlantic countries.
ELIGIBILITY AND MEANS OF COEMUNICATION.
Tne Palace will b. situated below tse center OF the
Island only one block ed from Central Park Tue
New. York Central and Hudson River Rilroads the Har-
lem the New-York and Newliaven Railroads, viii
all have a depot the ground The II rdave. RaiIro!d
passes on side, the MlfisOn-sye. Railroad on the
Other The Second ave railroad only SO feet distant
The River only 1900 feet away No other spot on
the Island central and easily reached by the peo-
pies Of both ErooLlyu and Ncw-1orE
VIII the stock payi
The sources Il Rent Entrance fee OF ex-