New-York tribune., 1875-02-18
LOCAL MISCELLANY.

THE BROOKLYN BRIDGE IN NEW HANDS.
FIRST MEETING or THE NEW BOARD OP DIRECTIONS
STATEMENT or THE CONDITION. AND PROS
PECTs or THE ENTERPRISE.
The new Board of Directors Of the East
River Bridge Company held its FIRST meeting yesterday
The folowingnamed members answered to their nanes
For New York: james Mclean, james M Motley, Jonn
Reilly Lloyd Aspinwall Charles j. Cahda' r. !"
Thurber and Mayor Wickham; Controller Green' hf"
renee j. Turnure and Abram G. Hewitt aosept' for
Brooklyn. Mayor inter, Controller POWELL D. o. -
Stranahan, William c. Kingsley, d. M' stone oa"uo 10
Booth, Henry C.. Murphy, Thos. Carroll George w.
NicboIs ana William Marshall. J. 8. I. Stranahan
called the meeting order and nominated Mayor VICE
ham for Chairman. THIS motion having oeeh car'o''
Mr. Strapahan suggested that ex-senator murph,
should give the Board information 'concerhe '"o
present condition and prospects OF the biidge enterprise
Mr. Murphy said that 1t obvious TO all present tha'
IL had become necessity to have the bridge rapi''
pushed TO completion Tho presence OF ice In 'he river
had made 1t imperatively necessary that y
finish the bridge The bridge would he q #X
sands-st. to Printing. house square, YORK, o
grade slightly arched iu the middle IL woud DC o. o''
wider than Broadway. with two carrage-waS ""u WV
tramways for cars, besides passage-ways for pcueS
tri,ns All the iron and trestle work "oiiu
now he mora than so per cent below the olig-
inal estimate. The amount already expehu9d was was
o. NSOlOOO The towers aud anchorage had , peen
raised somewhat beyond the original c1cnlr
ton and Ihe necessary GROUND NewYOrk had arrady
heen nearly obtained. Tne enterprise would NOT oVe
more Than the projectors anticipated II anyth'ng INC
signs OF the times were TO diminish tne nie|eJ
the ex peuses The mason work was nearly comP'eu-u
The main cost left for the GABLES anu WI1' % ipu
there was 30 per savod on these Ihe WhoI ooSs
OF the bridge construction w0ul Oe aooc S-'0VV VU,
about s5OOOOOO OF which were expcudeu, Iea'us
Az O9O 900 10 be expended. lie desired 10 say tha MS
would be longer private enterprise Dus q pWpiH ny
work. Brooklyn had subscribed s3OOu"O' 'on- M aotn
81 10000 private stockhOliers s35oO.C Lat year
Legislature had enacte law by aeasOn Oi wlch toy
were now assembled. AS now the directors hdd pcou
named the bridge woud be speedily pushed 10 conpe
tion and great public highway opened 10 tho rec
OF b0tn cities. - 49,, ,.,,,
wall, and Blr McLcau were appointed cOmmiftce 10
nominate permanent officers. discussion arose as 10
whether the permanent Board OF Directors sh uin W
known as Trustees until the completion OF tne DrlHgc
Tue majority seemed to think that until tue next meet
ing they wOnld DO merely Board o! Managers. lhGu
the 1ueston was asked, WHAT Will become VI the oh
company OF stockbOdersP Mr. Murphy said tnat tney
would considered in ;he light merely OF creditors TOT
their own interests but after the decision was nade
whether they should Oe PAID IN DOhus or CASH. 'uo o
company would be dissolved. . ,,-,
The Committee tue Nomination OF Pernanent
Officers reported that they had come 10 the CONCLUSION
TO ask the next Board let the nominations e OV"r
until the next meeting. the Committee were tnereOrc
allowed the time IN which prepare their report.
Some had to the officers u Oo eItctcd
salaries and Mr.. KInGlcy m"7ed That com
mtee of three bylaws be appointed. The Cnanmdn
suggested mat would bo better 10 defer aciiOn uhl
the next meeting, whcreupon MI Kingsley reriarhCo.
Dy object Is TO facilitate matters, as we VIII nave W
90 TO tuany with difficult legislation. we snoul
get TO and do everything beforehand SO as W
Legislature as soon possible. But II " SUITS tho
/ members will withdraw my mOtlOn.' IL was .heu
moved nd seconded that Board adjourn unsll Tuos
day next at O'clock, aud tue motion was carried