The New York herald., 1877-09-21
THE ELEVATED RAILROAD.
MEETING OF DIRECTORS COLONEL PELroN
ELECTED MEMBER OF THE EXECUTIVE

MEETING oP DIRECTORS COLONEL PELroN
ELECTED MEMBER OF THE EXECUTIVE
COMMITTEE.
prosracted meeting OF tho Board OF Directors OF
the New York Elevated Railroad Company was held
yesterday afternoon at their Offices No. Broadway
The following opinion OF DAVID Dudley Field relative
to tho recent decision OF the Court OF Appeals was
read
No. PINE STREET. NEw York Sept. 10 1877.
GEsrLEnKs-rne Court OF Appeals decided yesterday
the pending before involving the
alty OF tho RAPID Transit act ana the rieht OF your
company TO compiets the lines and make the connec.
tons referred TO Ia the order OF the Supreme
Court, from which tie appeal was taken.
This decision removes every obstacle to tho
construction equipment and operation OF your rail-
way all the lines thus referred to- with the excep-
OF Injunction the SUIT OF Patton restraining
the construction OF track the curb next TO the
Pacinc Hotel in Greenwich street and an iniunctlon
In the suit OF story, restraining the construction OF
the track in Front street, near whitehall These In
functions hope now TO see speedily dissolved But
In the meantime they do not Interfere with the
sructon OF the tracks IN any other places 40 that
the east side, starting one block east OF Whitehall
street, they may DO forthwith constructed TO the East
River ferries brooklyn Bridge the Grand Central
station and the Harlem River and on the west sde
except that for the present there be only single
track In front OF the Pacific HOTEL second track may
be forthwith constructed from Whitehall street to
sixty street, and thence double track through
DAVID DUDLEY FIELD
To tho President ard Directors OF tho New York Ee.
vitod Railroad Company.
The following resolutions, relative TO q change
OF management and the extensions OF the companyt
road, were adopted
Resolved, That Colonel W. 7. Peton be elected drec.
tor of this company IN place Of Peter Cooper resigned
Resolved That Colonel w. T. Pelton be and Is hereby
elected vice president of this company ia place OF Milton
Conrtright, resigned.
Resolved That Colonel W r. Pelton be and is hereby
elected member of the Executive Committee this
Board. In place of Milton Courtrisht. resigned
Resolved That proposals he invited for constructing
second track the line extension Eighty
first street; also for constructing double track from
Whiteha street to sixty first various
connecting with depots and ferries.
Colonel Pelton has been invited 10 take executive
position IN the company. with a view to pushing for
ward the extension OF tho present line, and to com
peting double track road from the South ferry TO
the Grand Central Depot and Central Park, the
east side, as early ~ possible. He viii
upon the active management Of the existing road
from the South Terry to Fifty-ninth street Mr..
Courrlght Will continue to be the chief engineer Of
the company.
Tho company will Immediately advertise for pro.
posals tor the construction OF the various lines re-
ferred to- comprising altogether about three miles Of
slnge aud six miles OF double track Tue form OF
proposals. specifications aud other information arc
now ready at tho coVpany's Offices