The New York herald., 1878-09-24
STEAM HEATING.

PROPOSITION OF THE NEW YORK STEAM SUP
PLY CoMPANY-wAAr THE HOLLY CoMBINA-
TON DEMANDS
In the Board OF Aldermen yesterday Mr.. Morris pre-
sentec a proposition Of the New York Steam supply
Company stating that n consideration OF their being
granted the right and privilege OF laying steam supply
pipes under surface OF the streets in the city
New York Tor the purpose of supplying steam to
stores factories and dwellings In said city for healing
purposes, steam power, extipguishing fires. and
or all other purposes for which steam is applinbe
they hereby agree TO pay TO said city OF
New York sum equal to twenty per cent OF the net
profits OF the said company after reservng len per
for a sinking fund.- and rs interest capital pro-
vided Tor in the bylaws OF said company" Tho COM
pany also agree to supply tho pubic buildings be-
longing 70 this city win steam at price, and
guarantee that the same WIN be forty per cent less
pose. The city or New YORK Is 70 have director
in tho company to look after Its interests. and the
street pave ments TO bc takcn up aud read
the direction OF the Commissioner OF Public Works
The company also agree 10 pay the expenses OF a
superintendent whose duty will bo 10 that the
paveaents are properly replaced. The communca-
lion signed by Mr. G. D. Davis, tho rresidont OF the
company. and Mr. George r. Johnson, its secretary.
The consideration OF the subject referred 10 tho
Committee on Public Works, who reported last week
in Iavor OF granting to General Frank b. SpinoIa and
his assocates" the privilege OF heating this Guy by
steam.
THE HOLLY DOMINATION
Alderman Morris also presented the following,
which without debate were recrred TO tho same CON-
mittce:-
Resolved That tho COMPTROLLER Of this city be
hereby authorised TO sell at public auction ser being
much it viii brins the following privileges and
aud puDc places this city with such connections
may be Tor the purpose OF supplying
ana IT'S inSao,ants tor heating aud cooking and all
siH's ali oh ss o ss steam r, can as 'S used any %s
laying any such mains pipes the said person or
give bends and comply With al is- hereins,sr eoasons
named the Comptrocr 10 approve Of all bonds The said
Of $50 o conditioned for the replacement Of the
ment In any Of tho streets avenues public places where
Commissioner Of fnbic works may direct and that the
repair and replace any such psvenen,s and recover the
expense thereof from such bondsmen THE permission
hereby given shall Ne also tho further conditions
that the said person. persons aud associates shat give
hca The ssy hae.s from damages that msy oeeas from
accidents or other causes TO the city any OF It's
MUGS ani public places that the work Of laying mans or
pipes IN this city shall be subject to the supervision and
under the direction of the Department OF Public Works
Re.oved That for tho valuable franchises and privileges
granted In the above resolution the said person
and assocaos shall bind themselves and tner
proved by Comptolcr aud when aud d.
rcced by proper resolutions they shall furnish with
buildings aud OF the rooms Offices In the above
buidings IN the ey and county OF New York the htng :
steam that shalt be used required in Of those
actual andthe pcrsoa persons purehas
ing the franchises aud privileges, under these resolutions
per ohe amount Of sad purchase money, with the
anst,onesfs ee, ana .he oslanee In twenty DAYS alter
sion and agreement 20 continue only so long the
chaser comply with all Of the aoovc conditions
Another resolution, which was submitted by Mr..
Morris, requesting the Mayor to obtain the OPT In ou
OF Corporation Counsel Whitney as to the power OF
the Board to grant TO any corporation tho privilege
toariDg up the streets oil this city proposed by
Mr. Spinola his 'associatos" without providing
proper RESTRICTIONS was laid over by vote OF IL to