The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1874-02-01

Meeting OF the Sinking Fund Co~mfs-
sion Yesterday-Important Report ~
% the Ferry Franchises.
The Commissioners OF the sinking fund met
yesterday afternoon in the Oomptroiers ONCE
an the members were present Mayor Havemeyer
neutrality-suspicious. Green, Recorder hackett
chamberlain Lane and Alderman Van Scnaick.
resolution was adopted canceling the lease OF
ahe second door OF Centre Market, now rented to
William Labor, the city needing such apartments.
RIAL ESTATE FOR AUCTION,
The following resolution. introduced by Chamber
hahn Lane, was adopted
Resolved That the Comptroller be authorized to ap-
point appraiser TO FIX the minimum valuations OF the
Son Of the Commissioners Of sinking FUND.- and that
he be report such valuations to this Board
The following premises and land owned by the
CITY are to be thus appraised NO. 100 Wooster
street. No ss2 West Thirty firth street. No. SO Spring
street No. 40 Leonard street., No. 81 Thompson
street; Deck OF land bounded by Sixty.sixth and
Sixty -seventn streets, Lexington and Fourth ave-
Snues; block bounded by Sixty-sevepth and Sixty
erty west st0e Of Third avenue, between Sixty.
sixth and sEty-seventh streets; southwest corner
OF Eighy-etghth street and Ninth avenue all OF the
Fort GansevOort property belonging to the city.
THE FERRIES.
The Comptroller ana Chamberlain submitted
the following report. which was ordered to be
priRteds-
REPORT OF TIE COMPTROLLER AND CHAMBERLAIN.
&he 6o%pirser and ShamSesain Of the city to
sos OF int q the
July ss ssesstlay hss ssS
Commissioners the sinking Fund The
sS without deaSs valuable pr1pefy capable
e. ae city e s1 se
ssratye TO the city they should have been o
City rrCpTissrs" ,s ssi ISn, Of Of ls sSs
The final prcpriety Of establishng
terries
t e % city not M & %
may needed TOR such % and mat
Mo %'sss he Ss awsf that to all
s.s ss esg1s 70 Pay sfr'
the dc des ag isdr1 O Ss dSe Of
Wise rendered. vaiueess by establishments and in
terry for IN inc .T use ao Of I The
and that al Ss P s %ne 5 be- PAID
saasr 5s a9ssssS
w6O viii pay IN ss a or nm as Ss
addition such upset price that all boats be-
BY & snd ps lathe
clean at their and ha
months less than six months before the com,
and sso the mot Ss Ssao
also suggested that in lien of the centage each
might ssp a easa aaa
rect Of pc IS and . sy @ e
'' o. or
sS sa v.s x and q ren IN the
leases hereto anne xed by which Il appears that 1888
q IN
~hese views on the Whole subject have been furnished
the Of s as be s Se The for
including such as for r nas e only o
there IS no doub, that these franchises should be pro-
q. % with ali esf. IF as they Ra9s
had occasion 70 nvesisae namely, that past prom prom
h.. ss ps ann
entered upon without resortng to litigation and pro-
the Fulton ws Cath
m a n % 81 as es 81 @ bsf 5ss
G Sa me g 5ss aff the CITY S OF
term ne F9T tnis nominal rs rent 8
ass ed S w ss h ha the f o d
81 Ts @ Il The nsss
han the city, 'ls i vsnesG
OWNERS Of estate opposite city depending
The cRede s
hee n as r ne eoReeed r thee
Department OF Docks and there is record OF arrears
by shsSisr The Laws Of 1870 the Department Of
leasing ali Wharf properly beionsins to the city and
may o. hat while the law stands a. appears now to be
n With the & @ sneng f Fund io IN
poses The law % his respect should f altered d' 50 as TO
Der and sakheaa administrations exclusively to the
The andsrsignsd are Clearly of the opinion that the
Of the city and ought to be greatly increased.
and wthou, any increase OF charges
The extent 70 which the Brooklyn Bridge will, when
seet TIE ferries quite impossible to state
ton and increase OF business will be OF extent sufficient
aSppBBEyy 4 GREEN, Comptroller.