New-York tribune., 1873-05-27

THE COMMON COUNCIL WASH THEIR HANDS.
THEY JOIN IN TIE REMOSsTRASCE AGAINST TIE LEG-
IsLATURE's RELEASING THE PRIVATE STOCK
HOLDERS FROM THEIR OBuGATIOSs-A DECISIVE
VOTE.
The management Of the East River Bridge
affairs again discussed the session OF the Com
mon Council OF Brooklyn yesterday afternoon. and
resolution finally adODted protesting against the
passage OF the amcudmente Charter proposed
in the Assembly by JOun c. Jacobs. The matter was
brought by Alderman Ropes Of the Third Ward who
offered the following:
Resolved, That the members OF the Senate and As
semniy rom Kings County no aud they are hereby
earnestly requested their best Efforts defe
amendments made in the Assembly 10 tine Senate bin
Bridge Conpany" having for its object the acceptance
DY the the held by private stockholders.
aud The appOLtnent Oy the Mayor OF board of ten
directors.
Resoired. That the City Clerk be and he Is hereby
state, also 10 each member O the Senate and Assembly
from Kings County, copy OF the foregoing resolution.
The Alderman stated that lie of red the resolution
for the purpose OF rearmug the resolutions appended
the majority report Of the Special Committee who
had investigated the afIirs Of the Bndge Company.
He believed that the representatives Of the city the
Bridge Company better than did the Council what
was for interests OF the city; but nasmuch
resolutions had been offered which opposite in their
nature. seemed 70 him that there should uncertain
gardng the bill pending in the State Assembly.
The amended proposes that the city shall take
back the stock held by the private holders aud pay
them the amount OF their investment with seven
per cent interest That measure, be hoped, would
be defeated It seemed 20 MIN that the pr-
vats stockholders should be held to a performance
Of their They started the enterprise, had
absolute control OF It, and yet to-day ask the Legsa
ture to pay bill which shall reimburse them with
cent interest, and allow the Mayor 20 appoint ten
directors. He did not why this should be done.
These gentlemen had not paid the price Of their stock
Only two OF the number, Messrs. Murphy and Marshall,
had paid per Messrs. Stranahan, Hustled and
Van Anden had paid 20 .per cont; Tweed and Sweeny
40 per cent Kingsley and Keeney co per cent He did
not understand why these men should not paw what
they owe There Is why the community should
excuse the they should De held 70 sacred perform
anee Of their Let the private stockholders
Nd and pay the amount their subscriptions and carry
work II they desire " obtain the esteem OF the
public.
resolution by Alderman cndrds0n at tne last
aud moved " Lay the matter on the table for
Alderman wylle hoped the resolution offered by Alder
Ropes would prevail. It seemed strange that he
Legislature should 1e asked 20 relieve the private stock
holders TIE Committee on investigation nad not salts
the people thar the conduct Of tne Bridge Directors
was their interest, and ho hoped that they would DO
held a. the performance OF their duty Any member
VINO would read the statement OF exMIyOr Booth, as
published in The TRIBUNE would see that he, wnlIe
tyOr Of cIty. Had endeaYOred TO pOpularZe the
Bridge enterprise Offering stock IN shares OF 800 but
those the whole stock; and yet they 20
Albany aud ask 10 De relieved rom stock which Is SAN
tDey nave never 9Wneu ne Nts stu 70 HoIs that tus
Chairman OF the Investigating Committee had indOrsed
the recommendations OF the minority report.
Alderman Ropes jumped up aud said: lac gentleman
need not trouble himself about that The majority re-
purt Is just aud IN accordance with the evidence. II
been different. The managers OF the Bridge Company
stand to-day clear OF any fraud and or the contrary
cnaenge contradiction The amendment 10 the charter
is a different thing. l do not tnink 1t right Jhat the
stocknoers THIS STAGE should ask TO be paid back
with interest. thank them FOR Wnat Jhey nave DONE
aud l Will Jhank more II they Will continue tue
work. do not lndOrse the minority report. -
Alderman Gyne-I Will ask the gentleman II he did
yote against allowing the minority report 10 oe
AIdernan RJpes-Of course did, and because con-
sidered report AT all did noe desire that the doc
should stare tie gentleman III the face at some
alderman wylie-You afraid to meet it assert
that you voted against the Very resoIuuon you nave pre-
Alderman Taylor said that it seemed TO him that the
Council sIOu.d act the resolution to-day de would
nave been pleased had never been lntrO
duced but iAasmuch IL had he believed t highly I'M
porIant that Uody should place itself ou record
an 81 any such attempt throw this enterprise INTO
tue hands OF the two cities and refund the private
stockholders their money with interest de had con-
yersed with people believed that the span would
prove failure. aud who were OF the OpnIon
that the receipts from tranc would % inadeque' Is u
10 De erected only az colossal monument
Alderman Ropes said that ne was ured OF passing
resoutons requesting the Legislature 20 do this that
II they up tneu mnds ~ pass the DILL they would
despite what tne Council may desire. de was ln-
cned 20 let the Legislature TAKE the responsibility as
they had the power
Tie motion 10 iay the table was then voted down by
Alderman Ropes said: 1 thankful for that vote.
Now position to let the legislature taAe lie
responslDlllty.
Tle resolution then voted upon and adopted by
the following decisive majority:
Afirlnatlye-Aldermen Ropes Doron, Clancy, Wyhe
TfDwbridgc, DOuglas Okriiy, Taylor, Nulln, Mae
phers1n, Kieic-, Connolly Eekert Z!nde Brown Whit-
ncy-lb. -
Nrratiye-Aldermen Rodman. Mcintyre, and M
GToarty-S
THE FAIL CRE OF BOWLES BROS eF CO.