New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1881-12-09
RAILROAD NE VS..
ANOTHER UNDERGROUND PROJECT.
PURPOSES 10 DO.

WHAT THE CENTRAL TUNNEL RAILWAY COMPANY
PURPOSES 10 DO
The Central Tunnel Railway Company, which
filed articles OF association at Albany Wednesday
is the company which filed articles there In May
last This second fling in consequence OF some
clerical errors In the articles The ocere are GEN
eral John Cochrane president william Kent secretary;
II C. stetson treasurer; and Gouyerneur Tilotson cOur
sell The CAPITAL is S5,000,000 and the length OF the
road which intended begin near the CITY Han ParA
and end at the Grand Central Depot, will be about i've
miles The route claimed Is under Chambers, keaue
Elm Spring and Great Jones-sts Lafayette-pace' AS
tor-pace Eighth and Nnth-sts. and Fourth-aye. The
alleged rights this road 10 this route are understood
to come from filing maps according 10 law The under
eround railway Of which General Mcclellan Is presi-
dent (Which formerly known "a the New-York CITY
Central Underground Railway Company, and Is now
known as the New-YOrk Underground Railway Com
ponv claimed route under Centre-s across Blocker,
Great Jones and Bondsts and up through Lafay cite
place. Between Blocker and Great Jonessts, there
fore the two begin to Interfere and for some dis
lance both companies claim the same ground The claim
of General McCelans company Is based upon charter
giving this specified route which granted in 1868
or 1860 AS has been stated in THE TRIBUNE however,
there doubts to whether this charter has not ex
pircd.
General John Coclrane the president Of the Central
Tunnel Railway Company, said yesterday to q TRIBUNE
reporters: This company was organized few months
ago to take all the steps required by law 10 secure
charter our only rights are by ming maps unaef me
general law Wewent TO work 10 gain the consent OF ne
property-owners along the route, and we are now IN
readiness to apply 10 the Supreme Court for commits
sion decide upon the advsabiity Of building the ROAD
since believe majority OF the prOery-oWners mas oc
cned to give it's consent. Many propcrty-OWneis In
Broadway who opposed TO road there, are inter
ested in property along our route. aud believe would
rather road because there would hen De less
pressure for a road under Broadway. | think the true
method OF relieving Broadway Is by side TOad DO
not know how much money has been actually paid in,
the number OF shares subscribed Ipr "heh we are
firmly fixed and get rights, intention IL 30 invite
the cooperation Of capitalists, VINO we suppose are ready
TO assist The who are interested IN the ROAD are
Tide and have friends INTEREST," a. Ihls Is not an
attempt to create a fictitious value tor property and
then sell 10, but real enterprise IN good taithD
H. G. Sctson, treasurer OF the company, said one
the road h not quite i've miles in length
W. are not acting connection with any other company,
nor do We propose to- W. Sha cOhhcct WIN the NeN-
York Central Iunncl Company, Which mas a me from
Fourth-ive. and Seyenteyuth-St 10 North River The
president Of he latter company II H. W. Webb. Enough
money has been pledged to build road II
majority OF prOpcry-ow along the route has re-
fused ito consent because many OF them VIII neither
iug give their formal consent because they tnk THIS
would operate is waiver 10 any claim Of damages
which they might wish 10 set up We wish 10 nave
! Ina ST.. Wdpu'd from k'acc-~t. up To LtiaNctte-
place, improving some Of the worst parts of
the city aud maAng tins Hun valuable
for btlu,ss. This We cannot do ourselves, uut II
widening and improving the street. We are WILING 10
hsHr quarter, third, even BALI OF the expense.
We have n view treat pubic Improvement which VIII
" j. Morris, chief engineer of the Now-Yorl Under
ground Railway Company, when shown the route
Caimed by the Central funnel Railway Company, said:
Blocker and Great JOnts aud our route u assigned
90 us by definite cuarter. have no idea that they
they 90 they win conflict Us. Nc shall at
get OUt an lj aLcuoL aud sop Their work.