The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1872-03-06
Extension OF the One-Legged
Railroad Track.
The Pacific Mail Bill Favorably
r Reported.
Dexter G. Hawkins and HIS 'Mite"-y Influence
a. Lobbyist Titles to Real Estate-Kilian
and Frear-The Improvement Of Sixth
y and Seventh Avenues - Talk
About the seventy's Charter.


session OF the Assembly Frederick Kian was
sworn IN as member from the Fifteenth district Of
New York. in place OF Alexander Frear.
THE NEW YORK ELEVATED RAILROAD.
bin introduced by Mr.. Twombly authorizes the
New York Elevated Raiir0ad-that which runs
along Greenwich STREET.-THE complete the construc-
ton OF the road AT any time within TWO years after
the expiration OF the time heretofore limited for
that purpose. and to extend the road, with single
or double track, north OF Tooth street and west OF
Eighth avenue to Harlem River and Spuyten Duy.
WI Greek, the route TO be subject to the approval
Of the Commissioners mentioned in the act Of 1867
incorporating the company The location. structures
rolling stock and motive power may be such as
those Commissioners shall approve, provided the
supporting columns be iron steel and the track
not less than fourteen feet above the surface OF tho
street. North OF 101st street, however, the track
may be laid on or below the surface where the
ground is nigh, or upon substantial trestles or
bridges where 1t is low this authority also being
subject to the approval OF the Commissioners. The
rates OF fare may be ten cents for each passenger
for any distance south OF Ftynlnth street. ten cents
for any distance between FIFTY ninth street and 125h
street and ten cents for any distance beyond that
point.
The Senate bill authorizing the trustees OF Colum.
bia College, in New York, to acquire real estate for
new sites for the College or Tor any schools or
Necessary building OF the insti tuition and to sell or
convey any lands now held by the College, was
amended SO as not TO exempt IT ON taxation any
lands except such as SHOULD be occupied as the site
Of the College. The bill, as amended, was ordered
to o third reading
The Assembly bill, which Is general in It's cha
racter and application confirming the title OF per-
70 real estate BY easoG Of @enags
the Whole and ordered to o third reading also.
Il declares that the tit, title ., Of any person or
within the State, shall not be questioned or i'm.
peached by OF the allenage Of any person or
been derived provided. however, that the rights OF
the. State In any case IN which proceedings for
RAILROAD TELEGRAPHs.
Mr. Sniper's bill. introduced last evening. pro-
vides That all railroad ana oIner corporations IN
which Ia used for the transmission OF public pri-
vate messages for COMPENSATION. shall be liable TO
all the penalties ana entitled to all the PRIV
ieqes contained IN chapter 265 OF the Laws
OF 1s4s, and the acts amendatory thereof. All
allowed TO charge for the transmission OF messages
over their telegraph lines exactly the same OF
Atlantic and Pacific telegraph Companies over their
lines from Buf1alo to Albany, and thence 70 New
CONCERNING INSURANCE COMPANIES
A good portion Of the morning session Of the AS.
sembly was spent in consideration OF matters relat
In Committee u the Whole upon the Dill presented
In January by Mr.. Badeau to regulate the manage
menI Of insurance companies and the disposal OF
their assets which led to snort debate. the first
section provides that no director or trustee
Of any insurance company ros snail be allowed 70
person or persons 10 insure therein or receive or
be directly or indirectly interested in any commits
sion paid by the company for procuring policies
IL empowers The stockholders to sue TO recover any
such commission or compensation that might be
received by directors There was quite spirited
debate over the second section, which provides that
the commission or compensation to De paid to IN
surance agents or DroReps snail not exceed fifteen
the company Tor insurance. Mr.. Alvord argued
against THIS section, contending that insurance
and as such their agents were entitled
to all legitimate profits. Speaker Smith
took the floor and cOntended-while he urged that
the section be retained, the motion being to strike
1t out-tnat insurance companies should be subject
70 regulation by the state Ultimately the oll was
revision. The other bill, which was not considered
came from the Senate. 1t simply authorizes life
insurance companies to ascertain at any time the
proportion oil surplus accruiDg 10 each police from
the date of the last to that OF the next succeeding
premium payment, and to distribute the proportion
found TO be equitable, either in cash. in reduction
OF premium or IN reyerslonary insurance, payable
therein expressed, al the next succeeding date Of
such payment Notwithstanding anything there
may be to the contrary III the charter Of the COM
pany. There was no objection 10 THIS measure, and
Its passage was recommended.
Mr.. ALvoRD's PRO RATA FREIGHT BILL.
Before going into executive session on the Erie
matter the Railroad Committee OF the Assembly
agreed to report formally on Mr. Alvord's Pro Rata
The b Provides that no railroad snail cnarse more
than twenty-five per cent Tor transporting any class
or kind OF freight over the whole or any portion OF
Its rOau during the fal winter and spring months,
more than the average rates charged Tor freight or
the same description during the months OF June July
and August; neither shall any company charge
In proportion for transporting the same class
kind Of freight at less than 1t does for greater
vision for penalty OF $500 and cost of suit for each
violation OF this ACT TO be sued Tor and collected by
the party or parties aggrleved. Another bll which
was introduced by ar. Lougnran In the House and
referred 10 the same committee, was deemed to be
TOO stringent anu was consequently regarded unfa-
The Assembly Committee on Commerce and Navi.
CATION at their meeting tins afternoon. desired to
report In favor OF MI. Twombly's bill relating to
THE PACIFIC MAIL STEAMSHIP COMPANY
BY this act the company Is authorized to reduce
IT'S capital stock 10 $40 O0O and In order to thar
snd NAV buy in cancel ana extlnqusn its sbare s'
30 FAR as the same can be purchased III prices not
exceeding the par value thereof and the snares so
purchased snail be retired and extnguishei III re-
ducuon OF the capital stock OF the company, and
shall not be issued again. Another provision or the
Oill Is to the erect tnat any citizen OF the United
states who Is a stocknolder OF the company in his
own right shall be eligible to election as director
The bills for grading, paving ana improving Sixth
and Seventh avenues, III New York, from 1l0tn
street to Harlem River, was GODS dered by the AS.
semoly Committee on Cities this afternoon, and the
committee decided to report In lavor Ol the pro-
posed improvements, including clause, inserted
by them as an amendment, providing that three
the property owners along the lines OF the avenues
between the points mentioned. The remaining two-
higns 10 DE assessed upon the city at large.
Inc committee heard arguments In favor OF the
main features OF the elaborate bill introduced by
mr.. hagnt proposing to amend and reduce 10 one
act the several statutes relating 10
THE CONSTRUCTION OF BUILDINGS
al .ne CITY Oh New York; Mr. Knapp gave the COM
mittee his views upon carpenter work and Mr..
IampDeli his upon iron work In architecture. Moll.
ncaions Oh some OF the detalls PROVIDED in the bill
n MS ~ stands were suggested. The committee con-
Sue1 10 consider the suggestions iurtner and Will
pooapy report IN favor OF the Dill as amended.
portant particulars. ' ~ ~
III. THE COMMITTEE OF sEvENTY's CHATTER
viii nc me special subject before the senate Com
mstee on CITES Tomorrow The opponents of the
,cc,,oes VIII nave an opportunity to state their OBJ
!cS.iVns W tne measures passed Ivy the Assembly,.
Members Of the Assembly looked az it "a tbougb ,t
were an elephant on their hands, and, admitting
bnss opunt 70 be amended, passed II over to the