New-York tribune., 1886-02-24

voting "No" The committee consisted OF >. sldhey
Smith, Mr. Sharp and NJ NJ White. The committee h'u
been authorized to confer with the Phladeipus peoPo
on July H. preceding. shown by the minutes Inc
negotiations ended Mr. Foshay said, after the report
was accepted.
Mr.. seward next asked quiet question which causea
an appalling silence aud general crsnIng of necks'
Mr. seward-Who is the Keenan, referred to IN hG pro-
ceedngs Is II JoDn heenan, tue man "ho 10 At A0
MI Foshay-The papers say he is there; don't know
q Wcl the keenan, who is said in the papers to be at
Llsew3oi -Isupp"se II ~: &, ,,o o,o,,or, A
Q.-HOw he 10 appear III the matIerl a.
He Interested in another railroad lJonn
OF the ThlrIy-f fourth and Eleventh Avenue Ru,
road. john Keenan, Ia also one OF the eorporators Vi
Fulton Wall ana Cortlandt Ferries Raj road Com
pny. OF which Surveyor Beattlc Is secretary; Other
County Democracy mrn re interested Ia H. ~ Iour u
yer road and the Chambers street road OF which Mr.
Q.-Nhom werr these tour lMe.srs. Elkins Widentr.
! Kcnb!e and keenanl represeutngi A'-lhe Oh'on
! Passenger iway Company. , ...o, !
Q.-Do You IN lerstand that the three gentlemen
named the sale OF the Seventh Avenue rohu ,p
Interested IN any other roadi Al nave noaI1 .@.
thev Interested Ia the Houston aDd "rs' otler
and PavOnia Ferry aud IN the Forty econd rrt r1s
Ols II our that Dr"xel, Morg IN ca.
have the rigt To th stock ia their nands az the
| next cleciIOn Of directOrsi A-The stock Is 10 p'
! voted ON IN the names which II stands ,,-.,.,
Oh there conpeelion drsotly or ndirecSy ne
tween the transfer of the 10000 shares ana te
! transaction WITH tue Union COMPANY A'-Not III h'
CT is a mere accident then. as far as you know.
tnal PnilsdephIa people OF year ago are tns LL,
de- pima people OF to-dayt Al aon kuom @ mar %
mean by accident. Tuey claimed tndt the transfer y y
TEN wOnld br good thing for the cubic. Ihty Sthd
NewYorkrrs dd not know how TO run r"iiroais 'n INC
Q-Are you 10 be- understood saying hat you would
have been wiling sell stock to any other three gen
ss%sn YSS. slr VINO "'n'a nave '''1 'O' '"' ''' '
Mr. Foshay then read as a correction II written state
ment that the original agreement had not provided Tor
the disposition surface sock but that Mr. sharp
had voluntarily turned IL Mr.. Fo"hay. as prcs
dent, held in trust TOR tho benefit OF me STOCK
holders lie hat another mt, also written L"
N Ike which. he a cknOwledged to Chairman Low was
NOT correction ami so 1t was ruled This brought
Colonel Bliss to his feet, insisting that Mr FOshay :
motives had been mpugned and that he ousht 10 nave
an opror unity to nj ke his Al once Lawson
y. Fullrr was after Colonel BlIs>'s scalp. ienator
Pierce looked the statement and said thdt It's SUD
stance had already been stated by Mr. Foshay Colone!
Bliss denied and Senator Pierce grew red IN the
face while Chairman Low looked as il he would ike L"
lose the ju GOODNESS has SO lar preserved MI
Bliss declared he would appeal the and would
get u hearing there.
The INVESTIGATION adjourned until Friday at IL
a. m Chairman Low announced that the investigation
would last three or four days and the SESSIONS
would be held iu this city in the same ROOM
MR.. FuSHAY'S STATEMENT.
Auer the adjournment Colonel Bliss gave out Mr.
Foshay's statement for publication 1t ran as follow:
desire 10 state that all that III with reference TO III -
y W. IS
BrJadway and ~eFentI Avenue IL ~
road Jnpany. beleye. TO d In l1O
To road woull n
the atie THIS shown Oy the act "a u
at IA the receipts. as nave
shown. bLiwiy aud even Avrnue road inc L IL
ver ty Place Ing Its eNpens had nothing
TO do dire, indirectly, ~ith ,ny payment % e
Aoard Ahr n an have no know eiY' that ,hat any ] sHcn
pa,ment made. and IA saving tLs mean 10 cow
an. bonds or property 10 ah'
of the Aide men. Ia" rad" ~ surface
road not be Dehehtrd lntor SEQ In IT e1c' a.
in o OF .IrOaI and eVeu-h ANenut
siJ VIII ca mi sht from arrang mt wish 10
10 by the brOa "aY
grant per which ~ interest on s2,OO %
an sid noun the OF ue
moving OF the sdlS tue keephg Of the pave
m mt rrpI the " ~. ~ tycar. IN "hoie
payment beng ds to onr c5mDAny 10 10 tn9
irOt more than lual 10 ~ per cent O
our grusS recei. : the OF al tracks
We I'D tie gros recepis OF one road would Dc
1pcre - "a 40 iHu by running over the tracks O
tIr ~ surface t0mp and the result shows tht
the increase Will not cN eel $1u0nuO per annu0 una
s and tue missioners who were appointed an !
awarded seventy streets tne GIDle Onpany un'
IeQur tnat CON 20 pa = DER cent Tel
! think the as al ne
CITY raroa co paues put togeh ana tis sum viii II
cre,s zen rOIi 10 per cont
instead of pr ipts without saying
any thing 10 natural ncregs OF its business