The New York herald., 1879-03-20


canss and H. proceeds Of such shall in each fiscal
year Be apProDriatea for that purpose s,,
% Ss ~ ni bs to read as
sncTlos s~The Legisauro shall sell lease other
wise dispose OF the Erie Canal the Oswego Canal the
Canal the caags am and ss, nd Canal but
H funds that Se from
any lease. other disposition Of any canal shall be
S' third section Il pas q s~S this article S
amsndmea.s be referred TO the chosen Al
the next general election Of senator's and that in con
tuition they published for three previous to the
RAILROAD ON THE ERIE CANAL rowPArH.
The Canal Committee of the Assembly gave two
hours hearing this afternoon to the advocates OF tho
paths of the canals from Albany to Buffalo. The
points OF this bill were printed In last
y s
Albany. The same points elaborated upon ut
length this afternoon in the arguments before the
Crane. Some evidence was also taken as
to the practicability of using steam on the
be heard next week. when the full meaning OF this
proposition can then be thoroughly understood by
sns InoGs snS to be Lively
influential nature is limited at both in favor and In
opposition to the scheme.
OFFICIAL SALARIES NEW YORK.
Considerable interest has been developed relative
to the New York Salary bills pending the House.
office holders are apparent here tonight 70 kill the
either in committee or when they come up for de-
bate. Mr.. varnum's bill. just introduced.
ure on the same subject of Balaries, but
it differs from the latter's bill in respect to
the policemen, fremen and school teachers. Mr..
trahans bill protects these classes of city employees
from removal except for cause now provided by
law Mr.. varnums bill does not afford this protec-
ton. Mr.. Strahan's bill keeps the policemen and
hremen. far as reduction of their salaries and
removal are out of the hands OF the Board
Of Estimate and Apportionment; Mr.. Varnum's puts
these into the hands Of the Board OF Estimate
and Apportionment
BREEZE OVER OCEAN PARKWAY
The bill levyng assessments on the whole city OF
Brooklyn for the completion of the Ocean Parkway
was etfectually squeched to-day. unanimous ad-
verse report of the Committee on Internal Affairs
being agreed to by the House. This measure has
been up here before and is we'll known to Brooklyn
property holders. If it became law $500, 600
In assessments would have to be betrayed by Kings
county instead Of by the owners Of land Immediately
benefited by the Ocean Parkway improvements.
THE SENATE.
The committee of three Senator'S appointed under
resolution of senator Pomeroy. to inquire whether
burn Prison In violation Of law, met this after
noon for the first time. Witnesses present and
q large number of interested spectators filed the
ROOM Mr.. Pilsbury was present. but his counsel.
Mr. Henry Smith, was unable to attend account
Of illness, and the committee. adjourned until Thurs
bill introduced by Senator Marvin amends the
act to facilitate the construction of narrow gauge
railroads by permitting them to be made narrow
twentyfour inches between the inside Of the rails
instead Of forty, the present minimum, and allowing
rails to be laid weighing as little as twenty-five
lightest now permitted.
senator Pomeroy introduced hill providing that
this State shall have and shall have
been placed in the hands OF receiver the latter may
appeared in the action or proceeding in which such
Court in the judicial district where the cor.
poration's municipal Office was situated for au-
thority to sell the franchise. The Court shall
thereupon take proof concerning the financial con.
dition OF the company. and IT upon such proof 1t
shall be satisfied that there is reasonable pros
pect OF the corporation becoming again solvent may
in it's discretion make an order authorizing and al.
auction. The purchaser or purchasers. together
with not less than four associates as the
Of not less than fve. may execute and
file with the Secretary of State Q certificate in
the act or acts Of the Legislature OF this State under
which it organized the corporation whose fran
chise they shall have acquired and the title OF the ac
ton or proceeding in which the order authorizing
the sale of such franchise made and the date and
place Of the entry OF the order Besides those tacts
it shall set forth tho OF the corporations
the amount OF capital stock and the number Of
shares into which it is to be divided and the names
and residences of the directors selected for the rss
a third bill. introduced by Senator j. r. Pierce.
provides that whenever any corporation created
under the laws of this State of any other State
kingdom, dominion or country shall forecose OF has
heretofore foreclosed any mortgage upon real estate
New York and the said real estate shall DO or have
been sold under adjudgment of foreclosure, and
shall be shall have been purchased In by said cor
poration or by any person corporation on behalf
Of such corporation. the owner Of such
real estate at the time of such sale shall
have the right to redeem such real estate
from such corporation by paying to such corpora
tion tho amount Of the Judgment in and
ell costs, taxes. assessments and moneys expended
thereon with interest up to the date of such redemp
tien or offer to redeem and such right to redeem
shall continue while the said real estate Is held by
said corporation. Every such corporation SO pur.
chasing real estate upon foreclosure sale may hold
such real estate. and may manage and improve the
same SO az to obtain o reasonable income
therefrom for such length Of time and until such
corporation shall be able to sell such real estate for
an amount which will pay in full such Judgment OF
foreclosure and all such sums ss may have been o..
pended thereon, with interest," anything in tho
char.er of such corporation in any or acts OF
the Legislature to the controry Notwithstanding.