The sun. [volume] (New York [N.Y.]) 1833-1916, 1878-03-31
BROOhLIN TERKY F.iREs.


The elegant directors room in the Fulton
ferry house ON the brooklyn side WIS occupied
Yesterday Ivy the senate Committee on Com
merce uni Navigation. which has before II the
bill 30 reduce the fare Of foot passengcrs on the
Union Ferry Conpany's ferries to ono cent
The Hon. Ira Davenport presided. and Soma
tors Hogan. Oakley. ana Rockwell attended
The ferry company had Benjamin u. Siliman
and Amasa j. Parker of counsel attending.
and MIR. Henry r. Pirrrcpont Mr. j. s. \.
Strnnahan. Mr.. Ripley Ropes and Mr.. James
How and other directors and stockholdcrs.wcrc
present. Mr.. f. l.. Lansing. the counsel OF the
Common Council Committee. had previously
submitted forty-cght questions in writing to
he answered by Mr.. Az. Perry the Secretary Of
the company Mr.. Fcrrys testimony. as thus
given. was ns follows;
There is u lawsuit pending h"iwcen the city
"l New York and the Union Ferry Company.
which vas begun in 1876. II Is a claim 10y the
city VI New York To- st aside the lease hv tnnt
city 10 tho company under which the ferries
are run. The trinl of the case was closed in
November lust and the case was argued and
1850 h'gun to trst the question Of the right Of
N'w York f. ilN the rat 81 ierrnge. hut he did
BROOKLYN ass nrting the power OF the LcgiSla-
tur" to iN On" rate If terriage and to exercise
entire control over the ferry company. II there
WAS a reduction in the ferry fare to on" cont
amt n the fare on Nrhi 'l"S remain ns now the
l"rrics would Ice run at a loss Of .isl .3ls76, or
sSl3lS.l6. without paving any dividend to the
Sttkhold"rs. II the proposed reduction on
vehicles w"rr mud" tho loss would he $3.50
dsnd to- ihs Tnea Ry ds.s c @9Y a
were made uu the basis " the receipts for the
past year. Hrc!ut not saw that the actual fare
r"F'ived Tor each passenger IN 1916 WIS one and
a. lhf cents The outstanding tickets ARE
Claims against tle comiany. and the law re-
Iuirrs them To- to" reported; hence they were
Tn fcrrilge w'ls reduced TO one cont on Now
!. 800. AMI the company continued It. at that
rat" until Aug. 10 lsji having dividends a, the
rate OF five per cent. The other ferries. the
Daihar ne. GouNerneur. Roosevelt. and Mouta-
higher fare. and they suffered severely in COM
EDITION with the cheaper rate. and lost largely.
then successfully running the Futon South.
AMI Hamilton ferries. thinking that the other
ferries could Ice more incNpcn~iNrly maj ntnined
ferries. They were greatly disappointed in
losses We're 80 great that the ferries could not
he maintained without advan ing the rates.
even with the aid ot the surplus which tho COM
phny hhi previously acquired. AMI on Aug, 10,
l~ji the frrriagc FOR foot passengers was raised
TO two cents. There. might h. dividends paid
t. the stock holdrrS il tn" boats were run at one
earnings. tn" dire tors had not bern discuss
inr how to get rid of tho surplus The amount
Of painting and ilngrn"ing dpnc on III. boats
WIS not done to reduce the surplus. but ~ keep
tho holt- IN good ronditi1n.
The President nf tn" committee Gcfs - .500
year salary thc Chairman ~ the t9nimitt'o on
Accounts. $3.50; the Cashier AMI Managing
director. s5jlO. the TREASURER. Secretary. AMI
Managing Director. VITO al-n keeps III. books.
s7.jul. There ar fifteen directors who meet
~ board monthly. ana rs an cXoeuiiy" COM
mittHr weekly. They are paid - for their at
TIE year enli ne May l. 1871 was Al POO. He Is
Sc"re,ary, Treasurer. and ComGtroer Of tn
Greenwood Comet nv. and has the daily care.
supervision and direction of the cemetery. H.
pr tested against the Intrusion and inpuislton
Int. ltf. 49,