The New York herald., 1871-03-10

and eight o'clock 10 morning shan have saesed % he
Least w. or each saPss % az
sans and others desiring and from
ss ssu ,sfs s
pS nas ne & e m %
9ied whensver necessary for the Of lie public
No s1s' the
se passage s & sc within which 10 1ss G
and three years within which to complete sai VIA
sO@psis hsrem river nsses'ay e ss M
$ rS sss AND d no
srue pn portion ssa work forfeiture this franchise p
Any sSS q Sa end which
sEc H. The directors Required 70 open books for sub;
give at least twenty daya notice be published
psss
ho,e who desire 70 subscribe for said stock and the rad
event :ysH. sasssrSs ssps
titled raa number Of shares of said soek
~ s % time s a as s
sbsre 81 70 sal, tive cent OF the value
s0r railways hereby aaIored cons!racsea shali
1 y ss
duty the said corporation to submit fu and proper
& f sd ho % s 81 s :a S
railways 10 board Of commissioner to be known as tho
" s % r % % ya1 s sn ~ led
city Of New York and the Commissoners Of Of raes Works
hs and
shall BE "a. @ en- any
required for such railway and a any time & hereafter the
lines yadacs rsiwsys Or Sranshe. from The railways
sesy any part Of said city into and IN the
lawful for them to do and for that to construct
creek and yer, 10 create issue
70 % HS
collect fares for transit on and the same at not exceed
ali tie proysoas 81 this act in relation TO The vaduc rail-
S s Of y sor
or s n he a N on nna
sro s For the proper equalization of interests of share
ss: Ssss
Of said vadc railways or ITS branches especvely the
%
nMay' @ or other and Of
y Sr IN scn g, s Of a % or
e issue 70 ; time to S time they
rcspecvsy and shall Be- lawful M Tor SAID directors to sas
payable with interest thereon from the income Of the
''a rc ~ s sSa ase Immediately
THE SECOND AVENUE RAILROAD EXTENSION.
Mr. Irving introduced bill to-day authorizing
the Second Avenue Railroad Company to extend
their double track IN Second avenue by construct
ing an additional track at Twenty-third street and
second avenue through ana along Second avenue to
Houston street, thence through and along Houston
street with single track to Forsyth street, thence
through and along the latter street with single track
TO connect with the present track OF the company at
the corner OF Grand street and Forsyth and thence
Sec nd avenue and Houston street with single track
through and along Houston to connect with the pre-
street and First avenue, thence with an additional
track through and along First avenue to Twenty.
!hird street thence WIN double & 1rack through
aud through ana along 12oth street from
FIRST TO Third avenue, with an add.
to second avenue TO connect with their present
track; also double track from the First avenue
through and along Sixty-thlrd street to point 200
feet distant from Tllrd avenue; also double track
nroagn and .s along ~ S[ Egp Fss
E Se se
also 10 continue their single track in Allen street
nom Grand through aud along Allen street to d.
connect with their present track in Chatham square,
aud an additional track through and along Grand
double track frsm the westerly track in Chatham
square, across the square TO New Bowery to MadI-
e the S ese sae Of
broadway. returning With single track through and
along ". 1igs,'.'rse'-
CITY HALL PLACE c
and Pearl street. aud thence through and alone Chat.
aud connecting with the track Of tho company at the
Tenth streets; thence through and along stuyvesant
street Third avenue, Eighth street and Fourth
along Astor place 10 the easterly side Of Broadway
together win all necessary turnout side track
ing and making OF said road One ofthe provisions Of
the bill gives the company the power to lease their
road or consolidate II with any other intersectng OF
connecting with H. and 10 carry freight on any part
of the route above Twenty-th!rd street. In conside.
ration OF the grant the company is to pay five per
cent OF IT'S net earnings into the city treasury.
Il win be seen at i glance that this bill, while it
nav AFFORD great Accommodations TO the travelling
public who nave become heartily tired Of the SINGLE
take considerable patronage away from the Third
avenue company IN many places along the route
where II cuts directly into that road That tsere
VIII be a lively squabble over the measure there can
be but title doubt Tor the Third avenue viii not, it
s believed, tamely submit TO being shorn OF any part
MONEY MAKING POWER,
directly or indirectly. The privileges granted by
lhe bli TO iae second avenue road are very great,
bot uEderS tand the measure IS strongly backed and
wll get through an nght, even though 1t should
evidently thought, while his hand was in the ran.
road business, he might as wel not do things by
IT, proper reference than he introduced another
one. which VIII certainly have no pleasant effect
upon
I amends ,he law OF isao by which the Hudson
hibIts the company from running cars bv steam on
the westerly side OF Manhattan Island below Fifty.
ninth street sfi,r The LIST of May next. AS the COM
sse, i ready for USE run ali their trains through
i25h street tue bill win only TO hurry the new
matter Of dummy engines which are used 10 draw
freight cars 10 and from the 81. Johns Park de.
poiiAat Is f Fourth avenue Is not TO be considered
en- the wet sioe OF town.
TnE STATS CANAL EXPENSES,
Mr.. Uardenbufgh In the senate to day presented
two las relating 10 the canals. One OF the bills an
propriaies the following Tor salaries for the fiscal
year:--
for salaries, travelling expenses and clerical hire
Of the csmm,ssioncrs $40 500; for clerk 81 5oo en-
sineer aud surveyor t2,sVo; slpenntendcnts OF re.
pair. salaries expenses Ac., &ss, ,00o for canal ap-
pfalscr-,s clerical hire, &c. fli, ESQ., for auditor,
t1s0o; clerical plre In auditor department $40 900;
for salaries aud compensation or engineers
cmposes on canals, ga, 600; for salaries &C.
~ collectors of tolls, clerks, wcighmasters
and assistants Ao, tiia go; for Incidental expenses
ana miscellaneous charges In account OF Erie ami
chaInliagn Canal fund and Canal debt sinking fund.
ssn,0se fof the payment of expenses OF ordinary
rel airs " competed canals and the sums becoming
due 10 TIE contractors for REPAIRS a Oog: 10 fhe
eastern division ~ the canal Ss0 q a. ~ the ,,Idae