New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1886-07-01
A GIFT TO RAILROAD MEN
CORNELIUS vANpERBILTS GENEROSITY
TO ERECT BUILDING FOR EMPLoYgS UsE-rar
CENTRAL VOTES THE LAND

." ""H~' Z" DpiIp's>b run bMfLDIbo CSE-ruu
CENTRAL VOTES THE LAND
The directors Of the New-York Central Rail
road yesterday did moro than vote dividend o., me,
cent To their stockholders They accsptsG prop,.on
from Cornelius Vanderbilt By whcn they deyO.- mar,
OF the property OF the company tho use ant enjoy
Of the employees OF the Central ana its sn,i,,et
nes The plo. at the northeast corner Of Madl.o,,v.
and Forty-nfthst.. used for The storing Of cara
before the extension the Grand Central DEM, W..
made. will he deeied to trus,ees for the hanoi,
Of the employees. In consideration oil this aetoa by tho
company Mr. Vanderbilt Will put up nne building con
tanning rooms for games. gymnasium. hail for meet
n9s, sleeping rooms, etc. free TO all tho railroad en-.
poyos Here Is Ir yanderbts letter to President DO
pew:
NEw.YoRK June 80, 1885
Hon. CHAuNcEr NJ. DEPEw. President
MY DEAR General sup-rin tenfent Tonccv re-.
corner OF Madison-ave. All Ferty-h ths Il not avail
alb for rirOai purposes ,cause be reached
the tracks for storing II seems therefore, thai
be properly dedicated TO tue enjoyment
ami in m-n OF tie employees Of the company. AZ
male of IT. 1t has been for the policy ths
company to encourage ~ different poinis its lines
These expert neuts have bs,n successful avs
fostered and promoted good feeilng bs,or
interests IN the work OF the company. A.
III central point. where so many employees congregae
aud has farrraching influence. wonld Ike something
which vii sho" IA marked way the personal and
OF The management IN all matters en-
will interest and benefit those engaged In every DEPART
ment OF the compsnys seryioe.'
have had plans prepared for building. so feet front
40 feet IN depth. to b. useI for the benefit Of rail-
the service Of the companies csntng at ths
Grand Central Depot II will br substantial structure
with bathrooms, gymnasium AMI bowling alleys In tho
basement; rea ng-roon. library room for games and
Offices the first floor; large hall for general
meetings and FOR Classes the secon floor. and
for janitors family ami sleeping rooms for mea
coming IA late detained In the city over night.
upper story. Wish you TO lay before the Boari Of
Directors THIS propOstlOn:
the II apart inc ANA al the corner or
aud Forty hfthsL forty feet The street
by eighty feet the agenue) Tor the AMI purposes
for which such building would be er"ctei will bear
ali the expenses OF construction and Of httng and fur
nshng II ready fer USE
would suggest that a he made o. this land to
and their successors ia the trust The
lease should be upon the CONDITION that tn land AID
building he for the benefit enjoyment and instruction of
employees OF the Nrw-Yor& Central aud liad-oa
River Raj road Company an lfs lelsri and affiliated
lines. of tue NewYork ami harlem and ofthe Newysrk
New-Haven aud Hartford Railroad Company. amt Of
such other companies a. may Ds entitled - use $40
Grand Central Depot 1t wOdld he proper for the 'om
pany provide IN this lease that It may be Terminated
and upon the payment the trustees II um sufficient
TO acquire anothr ate an place upon i structure
equally good. Yours very truly. l. NAsDhhBiLL
The directors adopted resolution accepting Me-
yande proposition and directing the President to
make ackno wledgment. Here is his letter.
GRasD CENTRAL DEPOT. NEW YORK June 80, 1885
MY DEAR sIs: I am directed by the Board Of III
recrors of the New York Central and Hudson Rive.
their profound appreciation OF generosity IN tas
gift o. the proposed bull Ing for the use OF the men IN
The service Of this aud other conpanes cenrng at tho
Grand Central Depot In leasing tho land
tho OF this structure, they feel
that they applying the property 10
the best purpose possible. While you could not bs
fairly called upon any more than any other individual
stakeholder personally Incur this expense IN dong 20
perpetuae IN wav most honorable 10 yours't ana
beneficial to the company q name already ldentlnd
with the snagement OF this corporation ami It's ami
ated lines through two generations indvidna Is am
deeply sensible thar this work VIII tighten the blrics
of the administration of the affairs OF the company and
promote that good feeling ana mutual ana ~ terleprnd
interest between the executive and all drparnr
OF business which, increasing with years Will furnish
more acceptable service to the public and add 10 the
value of the property. Yours very truly.
CHAUNCEY N. EEPEw, President