The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1873-06-03
THE BROOKLYN BRIDGE.

Annual Meeting OF the Company-The
superintendent Resigns-Re ports Of tho
Executive Committee, Treasurer and
OBSERVATION-DISCLOSURES Has Been Done
During the Past Year.
Yesterday the East River Bridge Company held
the annual meeting, at their new offices In Water
street. and there was good attendance present,
Mr. Henry 9. Murphy presiding.
THE REPORT OF THE EXECUTIVE COMMITTEE.
The report of the Executive Committee was first
read, and 1t showed that the work had progressed
in the most satisfactory manner. The Brooklyn
tower had been carried up to a height OF 1874 feet
above high water mark and the New York tower
to lightweight.
The financial condition OF the company will fully
appear by the annexed statement. There had
been received from all sources on the 1st OF May,
1872 So o23, 49, including 900 on sale OF New
YORK city bonds, and there had been expended at
that time s., 905, 3S9 40, including $24S 900 pur
chase OF New York city bonds leaving balance OF
cash on hand at that time of $1s,234 II. There has
been received during the last year from all
$1,o9695o including sl2s,000 on the sale of balance
OF New YORK city bonds; and there has been ex-
pended during the year s9lS, 039 so. leaving ball
ance on hand on May 1873, OF $l97 lao Is, tnclud-
ing balance on hand on May l, 1872.
RESIGNATION OF MIR. WILLIAM c. KINGSLEY.
Mr.. william 9. Kingsley, who has held the posi-
ton OF General superintendent since the COM
on account of Ill health. He will continue how
ever, to take an active interest in the enterprise
as director and stakeholder
THE sUPERINTENDENT's REPORT.
DEAR sIE:msinee my astannnai report the work upon
present progressing satisfactorily.
During the year 6s cubic yaTs or have been
aided 6 the s a so " ia above
o. iast with Slight s.;spson;
under that contract e shipped win arrive IL
q the wssb @ lime
nl % men or
machinery at the Brooklyn tower during the year but
s%arsS;sr g dc rspias ss.as
q re- March Y @ 1872 and was
Tho o,D0 ., tne NEW SEw y YORK 1 TOWER ,,,
july
rupon until DecemSer when the tower had reached
height Of MY, ~ feet Work on The masonry was
since and he tower i eighty eight feet above high
War ana mere h s9ne e"u on hand to complete
which point it IS expected viii be reached BY August
all the contracts made, with the prices paid each
contractor.
The Brooklyn tower is 64 feet above high water.
and the material Is on hand TO complete It to the spring.
sis feet above hIsl water and materials sufficient
good working order and the work proceeding rapidly ana
The anchorage in BROOKLYN is considerably further ad-
wan al sd s ana as M
commenced soon alter. Very respectfully,
WILLIAM O. KINGSLEY,
General Superintendent
THE TREAsURER's REPORT,
Which Is very complete, shows that up to the pre-.
sent time there has been $3,770345 received OF
which $3,6s4, 600 was on account OF the capital
stock The expenditures or the enterprise were
s3,573, 1876. The assets of the company were
1882 627 and the liabilities 1921 796. The receipts
for the year ending April 30 were 81, 096 y54, and
the expenditures $91S,039. During May $lO.557
was received and ss9,6s5 expended. The balance
now on hand is s11s,041
The old Board OF Directors was then dissolved,
their term having expired, and the annual election
took place. The result was as follows:-
DIRECTORS:
Henry G. Murphy, J. $. T. Stranahan,
John H. Prentice. William H. Vanderbilt
Alexander McCue. Abner @. Keeney,
John w. Lewis, Francis ID. Mouton,
Isaac Van Andcn, Samuel Mclean,
Hog son II. Wheeler, w. w. Goodrich,
Abram y. Hewitt William Q. Kingsley.
BENJAMIN y. Tracy.
The position which Mr.. william c. Kingsley
vacated Will be filled on Wednesday.