The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1877-06-01
Details Of the Proposed Service by the
Manhattan Cab Company.
MR.. FRANK KAVANAGH'S VIEWS.
Heavy Investment Of English
Capital.
SAME FARES DAY AND NIGHT

Frank Kavanagh, OF London, England, as tho repre-
sentative OF lumber of distinguished foreign capitai-
lists TO enlist moneyed men in the enterprise OIL
founding company TO run cheap cabs in the CITY,
These publications must have convinced our people OF
the feasibility OF tho scheme and the sincerity of tho
gentlemen who disposed 10 confer upon the public
the advantages OF cheap, quick and safe transit by
coupe and cab There Is reason why plan that
has mo, with popular favor beyond the Atlantic and
Yields the stockholders thirty per cent per annnm
upon tho money invested should not win air success
IN tn CITY, which far behind London in rapid transit
steam facilities If It pays IN London. which Is Gov
cred by network Of rapid transit railroads. IT should
certainly prove great boon to the travelling pubhc OF
this city, which so long and SO vany cried out Tor
cheap and swift locomotion. With view to making
plain just what tho gentlemen directing this great
popular propose TO do Tor this city the views Of
several OF them are appended
GENERAL pgAruRgs SCHEME
Mr. Frank Kavanagh, the representative Of
The majority of the capital, beng asked for
some details as to tho Affairs OF the cor
poration stated TO the reporter that 1t was
almost TOO early in the history OF the company TO
speak at length as to their plans. There are many
details that only be decided upon after the board
OF has been chosen, carriages constructed
the horses purchased and the stables aud Offices
erected ave propose said he, ITO begin with
capital OF s250000. That Will enable us 10 put on
and operate from $50 to 200 vehicles We will with IN
Il few days hold a meeting and select board oil hve
American directors, OF which tho President and
Secretary treasurer shall DC members. These
gentlemen will have the general direction
Of the AFFAIRS OF the company this city. The London
ADVISORY Board will consist OF G Dcandrc Macedonia,
chairman: tina Right Honorable the Earl Of Brchan,
Tue Hon. Mar Erskine, General Hicks, a noDepan
who desires Tor the present to remain ncognito and
myself The duty OF this London Boasd VIII be
merely receive and pass upon the monthly rerortsoi
the companys affairs, and oler such suggestions as
from tine may be considered tor the interests
OF tie corporation. Under our charter we bavethe
power the capital stock TO 81 600 600 and
snail from time to time 10 meet the exisen-
cies OF the service We anticipate no difficulty IN
placing the stock. As Mr. Townshcnd stated IN an IN
icryiew published in Sundays HkgALp. our dilemma
will be IL alottng stock 10 oil who nave expressed
DESCRIPTION or THE pRorGnAMs.
ave propose, continued Mr. kavanugh, 'to begin
The work wth 100 English broughams, 10 cost about
900 each, to carry two ana others Tour persons
each. They viii have no numbers ON the outside ana
wi 10 all Appearances, except when The sign $40 let
Is exposed, be like private carriages. The numuers
will be inside, IN full view Of the occupant Ihey
Mil be constructed of the very best material lined
throughout with the best quality oil German woonns
cloth, trimmed with English lace In each oroushnn
viii umbrella rack, card case, ash receiver Tor
the accommodation OF smokers. match box ana
compartment Tor parcels. Tney VIII be provided with
the most approved axle with OIL burning lamps 10
gerve tho double purpose o. Illuminating the interior
and rejecting upon the register.
THE Cans.
.sThe cabs VIII be similar used London
ma the one used by this city. They will be maze
OF Inc most durable material, highly finished Inside
and out and will cost from $500 to 5000 each. On each
cab will be iarc and time register, such as is used by
the Philadelphia Cab Company anu every modern im-
provcmcnt Will be introduced that Is calculated To add
10 The comfort, protection and convenience oil our
patrons
TIME CONTRACTS.
.'As many families Ind II very expensive TO keep their
carriages and teams we propose to make contracts
b. the year. half year or quarter, at reduced rates. Tor
calling, shopping, attending places OF amusement or
driving in the Park or on the avenues or bouievsrds
We viii also make special contracts with brokers,
bankers, lawyers, merchants and other business men
10 carry them and fro between their residences
and Offices, mornings and afternoons. To make
The service popular with ladies' propose permit
families have their own private livery III which We
viii place drivers during the time they are en-
pcycd oy the patron This Is feature OF the service
1pon
THE RATE SPEED
.'The OF speed will liked Ut six miles per hour
but the occupant OF the vehicle shall have entire con-
troll may order the driver to move any rate Of
speed less than six miles per hour As necessity often
arises for persons 10 Keep important engagements or
10 caica train or boat The driver will be permitted,
on receiving an order from the occupant oil the coupe
or cab TO drive al the rate Of ten miles per hour.
DRIVERS As STOCKHOLDERS.
"Ihe better to prompt our drivers 10 honest and en-
ARCTIC action 10 securing customers we propose 10
give them pecunary interest IN addition TO their
wages. rho London Cab Company Of which | am
director, admit them as stockholders and wo Will
shown TO be very beneficial, aud the public has
Insurance OF polite treatment and careful transit
irlvcr who has pccuniary interest IN the carriage
and horse he drives will be moro careful OF them
whose interest ends with tho reception OF his
wages from week to week. We also propose addi-
toual incentives for faithful services, to give the
a dinner once per year, as Is done IN London, as well
as 10 provide them, In The companys buildings with
library, reading and smoking room. Beds viii also be
provided for the accommodation OF such NJ h.
may be necessary to keep AT the general head
quarters for emergencies that may arise
OTHER DETAILS
ave will establish stables and Offices in central
part Of the city can be found There will be trans
lcted all the business oil the company until such time
Us the service grows to that point that 1t Is iould
necessary TO open other stables. In time VIII
ocate suoslablcs IN Other parts OF the metropolis and
connect them with the main or central Office by tclc
graph lines. We Will make connection between the
stables and all The principal hotels, dcpots and resi-
denees where they have instruments, by means OF Que
OF the district telegraph hnos SO that little delay
may be experienced IN calling vehicle. As
have constructed sufficient number OF coupes aad
cabs VIC wIll cover all the incoming aud outgoing
trains aud steamers, SO as TO give travellers
our own ctzens the full benefit ol cheap fares, which
will DC the same day and night There many other
minor matters OF detail Ia connection With d great
undertaking OF this KIND that referred TO at
present, a. our plans are not yet maturcd
PROBABLE PROFITS
"un the nominal capital OF S250O0U, of which nearly
kl2oOOO viii be, in The hrst instance, required
vehicles, am satisfied IRON careful estimates that
the venture viii yield yearly dividend OF least -
per cent IN London the proits are 30 por net
Allowing Tor the difference In expenses VIII am
convinced, earn Tor stockholders 81 per cent
lAe rates, you VIII remember, are as fOloNs.-for
II mnUtes or less, 20 cents; 10 but OK
seeding 20. minutes, 90 cents; 80 minutes and
not exceeding al hour, % These prices arc 10
low hat they are certain to tor the company
hberai patronage. and VI the Ultimate success OF The
undertaking nave not one lingering doubt
n WISH said Mr. kayauagh IN concus sion, 10
speak TIC generous aid snd waTn announcement
have received from residents Of your city Among
those who have taken an active part tho movement
and invested their capital John rownshenL.
Ferdinand T.. Earle; kllOu Burriss OF Rsiey Bur.
rsss s. Co, carriage manufacturers; Elliott Shepard.
X w. Forbes Waite, Morris 4 Co, bankers, No. Is
wall street. md :. Hamburger, OF Philadelphia. We
Nil. nold "A meeting next week 10 elect officers, and
they will at proceed TO THIS Is all the in
formation 1 aUic 10 give you now III addition to
vuxl has been already publ shed ~ the HERALpn
Nil EAKLH THK SERVICE
The writer called upon Nr. Ferdinand l.. Earle who
has taken a very active part In establishing the
pany and requested bis opinion Of the service Mr.
iar'e stated had hcsltaucy In stating that
he Vas satisfied Tie movement would be great boon
~ oar people, well profitable 20 tho gentlemen
xho have embarked their capital IN u. "Ono CT the
"a La 10 ILaf L. AalnL ~