New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1877-08-30
THE COURTS.
LEASING THE FERRIES

LEASING HE FERRIES
THE CITY's RIGHT TO SEEK ITS OWN ADVANTAGE.
The lease of the Staten Island Ferry from
the foot Of whitehal-st of Corandt Street and Des
brosses Street Ferries to jersey City, Of the Barclay
Street Ferry TO Hoboken ana the Chambers Street Ferry
10 the Erie Railway dock In jersey City, the Hudson
River and OF the Houston Street Tenth Street. Twenty.
thrdstrcet, ThirtyfOurth Street, and Ninety Second
street the East River advertised for
sale at auction July 20, 1875. The minimum price
which would be accepted stated 10 he Of
the gross earnings the New-York SIDE The
leases Of the wbaryes connected with the fer.
ries we're to be sold with them where not
already leased. The COrtIandt-st wharf Is leased
to tao present ferry company for nine years to come at
$3.50 year. and the Chambers street Ferry wharf for
eight years to The minimum yearly price which
would be accepted for the other wharyes be "a
follows North Riyer-DesbFosses-st, $500 East River
Tenthst $3.50 Twenty-thrlst., $500; Thrty-toutth
st. 81 900; Ninety secondst, $3.50. The sale was adj
journed, and August L . suit was begun BY Ship
man, Barlow, Larocque q Mcfarland, in the name OF
James C. Hull against the members " the Sinking Fund
Commission and against the city and order was OBJ
tanned from Judge DOnOhue that the defendants slow
why the sale OF the ferries and dock leases the
terms proposed should not be enoined, with stay unt
the motion could be argued. The sale was ihereupon
adjourned until to-day. The motion argued yester.
day before Judge Van BrBt, In Supreme Court, Cham
bcls.
The suit il brought under act OF 1872 permitting
any taxpaying citizen to briuga suit to prevent waste
and damage TO the city property 10y city Of
fcers II is claimed that the Commissioners the sink
ing Fund have night TO impose the Of.sale on
ground that the appraisal required Dy law the tx
ing of definite sum, aud not OF sum
which Is necessarily iucuating; that such gross
receipts will largely depend the character experiences
and management OF the persons operate the cIrcs
that the requirement that every bidder SHAH bid for both
Ia ff and fIfa
highest bidder FOR one may not Dc the CHEST bidder 0e
the other and me ciiy may aus lose aud take lover
bidder that the proposed lease contains Illegal and
onerous provisions operating 10 deter bidding and Lessen
In repy, Assistant Cooperation Counsel Andrews read
an affidavit Dy SSmund hlse stating that the paiDuR
was formerly ia the employ 81 the Erie Railway Com
Iany, aud Ia the employ OF eXJudgc Suyman, WHO
IS OF the plaintiffs counsel ana counsel Tor II
the other ferry companies; that paintlhs properly J.
house aDd lot al fremont worth perhaps $1,000 aud 10
Is not assessed for personal tax wherefore Lc sir SCI
believes iha hs st Is brought behalf " the present
ferry companies, % enable them 10 dictate terms To toe
city; that at tic instance Oh tie President 81 the staten
Island Ferry Company hearraD2ed for meeting wish the
SINKING Fuud commissioners, Wulc was att HdcdJy sew
era representatives. " tile c0mpaaes that al TINS meet
inS ". W. shppen, % tue HobOken Land and Improve
ment Company, speaking apparently Tor tue Others de-
Glazed lat i've per cent on 1he NewIOrk receipts
100 muci ald That oOly the present companies could
carry that tie following ferries uad agreed
10 pay two ana oneal per cent Oh tue gross r,ccps,
Dut id only pad on tue receipts "n Ne"-fork SIDE:
Barclay atrec, DesbrOSscs street, Tenth street. twenty
howet,r ,aa ,rogucri s ,ar mt, I,bn KclIv MAJ.
aidaylt stating tuat h.se's afhaa,iC 20 whaC
Cared be orc she shaking fand Commissioners IL
rect; tnd, AC BELIEVES The st effort OF Tho cOmpl-
mics 90 dictate terms 70 He ely ard that the injunction
mas already lost the city over 5000.
On these aid,l.i1ts Mr. Andrews claimed that IN any
c.a3 TINS proceeding Nas premature. None Of tLe
Troubles wAlcn the complaint sand might arise bud
arisen. in act the officers of the companies said no
but themselves codid bid lie assumed that this
cctdnS Was brought the companies IL was Aard-
~ likely Nat gentlemen paying ptrhJp. 500 taxes,
should employ Supman, Barlow LlrOt4de and 3Ilcl-l-
land counsel Tor OF the Ferry Companies.
Jonu Vi. ocrbucf who counsel iOrenOcr comp duy,
aud Dir AcSdnec whose firm represented SUI GnU.Ler
company, account OF the small amount Ol m IN
crease decrease OF taxes when nigut iau on Ain
Nncn COMPANIES reaDlns enormous Revenues had
sIsnty aYOded tue payment OF inc rents due the cy,
tntlr cageresS project tic city mlgt sell De-
pectcd RE lease haG careful prONsicus simply % pO
tect puOlc TIE only question selling tie
sad thaC tus would produce loss or waste. A rec nc
proceeding mad shown that selling tcH separate TOdld
gave trouble.
5crDuer, in reply, urged that property h0drr,
large st, whether not tLe ferry companies
interested - s,aLGlas cOIrt aAd ais ns.ts must
respected. Mr. iCciue asAcd Time 10 pa. ~ nrci
Mr. Andrews reminded tno JIdgo mat the sale Wa ut
to-day, a4d ,lat tue city was OsBs huudfcis
dollars by day delay whether nc present course
was risHt OF wrong Judge Van DfuLt promised Ge-
cislUn MUuQaJ.