National Republican. (Washington City (D.C.)) 1872-1888, 1879-03-28
Reduction of Rental in the Washington or
Centre Market.

Reduction of Rental in the Washington or
Centre Market.
At meeting of the directors of the Wash
ingtou Market Company, held at their Office
Thursday, March q, the following preamble
aud resolutions were adopted reducing the
rental on each stall and stand 10 per cent:
Whereas the present stockholders in the
Washington Market Company, after a publicly
acknowledged forfeiture in writing by the
original incorporatOrs, organized under the if
tcenth section of the market charter granted
by Congress, and having expended nearly
100000 in the erection and equipment of the
largest and most commodious market build
mgs in the country, of sufficient capacity to
accommodate nearly 400 dealers or market
men with stalls and stands at rental of Gty
per centtm less Than The acreage rental pc, square
foot Of space IL The principal markets Of Phitd-
deipkil, NcC York, and Boston and
Whereas under the authority OF an act of
Congress the Market Company transferred TO
the District Of Columbia the land in front OF
the market buildings, not designated in the
charter for market purposes, fronting OH Penn
sylvania and Louisiana avenues, between
Seventh and Ninth streets northwest, which
transfer has recently been adiudged to be legal
by the full bench Of the Supreme Court of the
District of Columbia whereby the Market
Company is relieved from the payment of a
portion Of the original rental fixed by Congress
for the use Of the whole ground known as Mar
ket Space and
Whereas the Market Company hopes to be
relieved, In part, ut least of the heavy legal
expense which it has boon subjected to
through the numerous veXatious suits and legal
controversies lrbich hare been forced upOn II
through The Influence Of certain wealthy dealers
desiring 10 keep control Of the mast centrally 10.
Gated and Jest.pdyipg stalls and stands IN he
| market at the same monthly rental which is
| paid by the p0Oer classes Of dealorS whO happen
10 haze secured stalls on he SIDES, or less fire.
Qusnted portions Of he market! and
Whereas the directors of the Market Com
pany are DESTROYS TO avoid hereafter all litiga-
tons and controversies, and believe 1t to be for
the best interests of the stock and bondholders
whom they represent, to cooperate with the
honest and fair.mlndcd marketmen in their
efforts to serve the public with the bost market
products at prices corresponding with the times
aud to offer adequate mdpceWeal for prOmpt pay
me,t Of stall rental;
Resolved That tho clerk of the market be
authorized, during the remainder of the yeal
1870, commencing the LIST day of April, to make
u discount Of 10 per cent. OH rental thereafter
| acCruing TO all occupants of stalls and stands
who comply with the rules and regulations o.
the company, by paying all arrears, and by
paying TO the market clerk their rental month
| ly in advance which discount for prompt pay
ment will make the net rental after April l
| to all who avail themselves of it, as follows, pc
month: Butchers stalls, S11.90; bacon stands
$765; JuHcr stands, 1914; FISH stands, $40
hWckste,S or vegetable stands, 4.l6 These rates in
! clule gas and water taxes and the expenses o
cleaning the aisles and POLICING the market
A GENTS solid gold Egin stem.windinl
! Wnlnh- Nglrr.Inlnl- go nj L lArris N 20. 3