The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1875-03-24
RAPID TRANSIT.
The Subscribers 10 the Rapid Transit
Fund in Council.
Exhibition of the Transit Companys
Model to the Mayor


capital stock iund Tor rapid transit was held at
the rooms OF the New York Board OF Fire Insur-
ance Brokers, No. l62 Broadway, yesterday alter.
noon. The meeting was called TO order Dy MI.
Roosevelt, who had acted az secretary on apre.
vious OCCASION, and on motion Judge Davis was
made chairman. On assuming the duties OF the
position, the Judge, after expressing his obt
cations for the honor done him. stated that he
was o stranger 10 the objects ana purposes OF
the gen tlemen gathered there; he only knew
that they were engaged In an endeavor to bring
about rapid transit. Something Of the kind 10
necessary TO prevent the upper part OF the city
becoming a desert. 1t was essential to those re-
siding there and to the property owners. The in
convenience of the present mode OF slow transit
had been experienced during the past winter IN
the encountered condition OF our Streets which
had rendered progress through many Of them ex.
ceedingly difficult. Moreover, rapid transit was
becoming prime necessity, IN order to prevent
capital going to New Jersey and other points In
the vicinity OF the city, which 1t was now rapidly
doing At the conclusion OF tho chairman's re.
marks Mr.. Roosevelt was made secretary OF the
meeting, ana the following report from the Com:
mittee on Nominations was submitted and
REPORT OF THE COMMITTEE.
The Committee on Nominations elected at the meeing
Inst report thae they have BEEN diSentiy Work hold
ing meetings mostly every day since last Tuesday They
siderable work has been done during that time in get
epons i've Of SS
smaller amounts. All the memoers OF said commit,ee
on H. part OF parties to take hold Of The
v s 70 o as Se list Of
G @ ns a psr be "a SUBJECT %
WV ''' - VIZ b. l.. ACKERMANN. Chairman.
Mr.. Morrill,, an acglve member OF the committee,
being called upon for the results OF his labors, ex
pressed the opinion that In 50 important matter
n
TO concate capital and. ii possible, appropriate
portion OF il for the accomplishment Of what was
so essential to the ciCy'S welfare. A number OF
subscribers mad been obtained. the names OF some
OF winch he Iet at liberty to mention, and efforts
should be continued until at least twenty-five
names OF equal standing were obtained to act as
directors. Those he referred to were dram W.
Sherwood George W. Carlton, Cha les Il. Live,-
more ana one or two others who had subscriber
numoer by next week. The difficulty had been
here that all the efforts mace Tor rapid transit
which interested parties mad worSed successfully
TO Ceeat. One OF the city railroads, which receives
$4,000 day IN five cent pieces, mas reduced the
paid out its iunds to defeat rapid transit. un-
derstand that this is publicly given out. Tue
truth is, we are going through the same light as
did all railroads thirty or forty years ago when
contendlng with the old stage coach companies.
We deem this the best method OF accomplishing
the desired result-thatl Is, OF raising a lund ior
building the road aud placing 1t in the hands Of
Twenty-Five men wEo will inspire the people with
confidence and so induce them to subscribe. and
then the best plan for u road can be easily deter.
that nve charters have been granted by the Leg.
islature Most OF them have been allowed TO
iapse; one Is stn good ,, the requisite
months, while in others additional legislation
is required. The Green wlch street elevated road
Is endeavorng to place It's track In good con.
dltion, and inns Is very we'll but we want a sys-
tenn of rapid transit roads running through
ing at some point IN the upper portion Of
the Island. MIR. Morrill, concluded by motion
that tae names OF a. A. Drake. John Hayden ana
J. If. Kemp, be added to the Working Committee.
which was adopted.
The question here arose as 10 the legality OF the
ADJOURNMENT OF the election OF officers, as the
constitutlon-adopted last week-provlded thai
IT should be held to-day. The Chairman decided
that the meeting was competent 10 postpone the
election, but thought a definite day should ne de-
clded upon. In accordance with this suggestion
and on motion OF Mr.. r. .. Root. 1t was deter
mined that when the meeting adjourn /, do 81
officers Mr. Root then offered
THE FOLLOWING RESOLUTIONS,
which were adopted:-
Resolved That this association welcome the osganzs
Sheeriully cooperate with in Its efforts to secure sue
Of this city the authority to aesnaie and lay out sua
bic routes for rapid transit within It's limits
are
fund.
On motion OF Mr.. James NJ. DraKe, the secretary
was requested to report at the next meeting the
names OF those to whom SUBSCRIPTION papers had
hsS See emu % sua so Sas
hereafter no subscription papers be issued or do.
nvered Tor the purpose Of procuring subscriptions
without a vote OF the meeting
Mr.. Roosevelt the secretary SAID that IN order
10 reach practical solution OF the question Of
giving the Mayor and Common Council! sucn
authority over the matter OF rapid transit as IL
was Thought they ought to have he had drawn
bill for that purpose, which had been introduced
into the Assembly by Mr.. DAILY, and the commit.
tee to which 1t had been referred had designated
Thursday Tor hearing It's supporters.
r. i M.
rendered Mr.. Roosevelt Tor his action In preparing
the on referred to- snat Its, Its pIovisons oe ap.
authorized and requested to go before the COM
mittee and urge It's passage The motion was
adopted aud the meeting adjourned
METROPOLITAN TRANSIT COMPANY.
The Metropolitan Transit Company, whose pres.
some point in the vicinity OF Bowling Green up
Church and Wooster to Fourteenth street, and
known as the "rnree Tier Charter" contained In
cnapter 633 OF Laws OF 1872, gave an exhibition OF
inc Plans adopea or Sa .s e
Council and many prominent citizens In the Cnarn.
Der OF the Board OF Aldermen, CITY Hall. yesterday
afternoon. Among those present, Ia ADDITION to
the officials OF the city government referred "a.
were Peter cooper. Docs commissioner mi .l Wales.
others interested 10 RAPID transit. The modela
which were unveiled Tor the arst time on tue oc:
caslOn consisted OF the post section OF the road
and of car such as 1t Is proposed 10 use.
They were shown and fully described
ana eapa anS Sg drecseys 'es
the road who took an active part in the construo-
ton OF tue Greenwich street road, and VINO hss
since devoted much OF his time to remedylng the
defects wnich time has demonstrated TO exist 10
that: He especially dwelt upon the fact that tne
track 1t was proposed to construct woud "
rather an ornament than Disagreement TO the
streets, while The posts were 10 be OF tnat char
acter which would occupy very little space 10 tne
street. Especial attention was attracted 10 tne
style OF car proposed to be used, when IS COM
posed OF three cylinders. instead OF being on the
principal OF q straight line The compartment
lncosed In the first OF these Is to he used LOT ns
prevent the escape OF the exh1ust steam, great
dcslderatum IL the city. In the secon1 IL tue
saloon, while u third Is to be maze smoking
room. In the centre, on the side between Tue Two
cylinders, Ia an opening i've leet III wdtn Tor inc
ingress and egress OF passengers. Inc moueM
throughout were favorably commented on "
Mayor WIckham and others at the close OF the ex.
bbitiou, ana the former expressed the nope thaS
the road would soon be constructed