New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1888-07-29

squeeze from the company the munnccnt OF 81 800
The list Of killed Injured chargcsble against this
bobtail line Is tremendous In 1es4 II killed one man
and manned nineteen more; I'm 1898 Il killed two and
Injured ten, and since then don't Know how many
more. These figures, excepting the amount OF Its
debt the city have taken, mind you from Its own
report and the figures as to it's debt come from the
Controller.
Now, that is an interesting record, isn't Ut Ana
yet is is only sample Of all the rest In the case OF
Jacob sharps Twenty hrds bobta line the facts arc
equally bad. 1t was upon this line that Mrs Levy
was run over and killed the other day, and shau
presently have something say about the attitude
and behavior Of the company the inquest upon her
body now being conducted by Coroner MESSENGER
This company owns only about two miles oil roah
which II has capitalized az 100000. Its Donned
debt is 1852 665 more, and Il alleges that the actua
cost Of building and equipping the road was Seoo
204 IA. That, then, according to its own say-so IS
the property value Of It's road At the low tax-rate
Of only the hundred dollars, which Is mucn
than individuals have pay property that earns
smaller premium, It should pay a. least $4,000 an
nual tax. II does pay but Sll .s24 49, Its annual
earnings nearly great as and now proDaoly
greater than, its capital stock In 1855 It earned
S515,557 %, paying per cent dividend. us
operating is only 1913 per cent OF its earnings
Its accident rate in 1884 two killed and seven
injured and In 1855 three killed and injured II
runs only bobta is main line and works IT'S
at the most ggardy rate Of wages from twelve
TO fifteen hours day. This Is Of the richest OF
shaTp's roads II ninety nine year lease Of the
Blcec ker-st and Fulton Ferry ne which adds largely
10 its annual harvest
might go through the list Of the surface companies
OF NevYork but the would be similar as to them
all They all owe tremendous bonded debt, which
1t is impossible TO believe IS represented by any CORE
spending property As TO where the money went
which was raised these enormous stock and bond
transactions, leave every to judge for himself
In the OF the Broadway Surface Railroad. thanks
to Mr. NicolPs determined PROBE we know where some
of 1t went Sharp and his coeonspIrators got cool
million and the Aldermen got half million more IN
lots Of geo 900 each One OF the best conducted roads
In the city is the Broadway and Seventh Avenue
II IS, Of them ALL the decent in its treatment OF
the city And yet the facts with regard to this COM
pany are startling in what they show Of questionable
practices. 1t IS capitalized al g. 100000 and ifs
bonded indebtedness S2,oOo,oOO more, making debt
upon each mile OF road of 1887 500 That is simply
shocking but in spite of such burden, carrying. as 1t
does nearly $4,000 900 passengers year. 1t is able
10 pay the interest its debt and per cent
animal premium on its stock. In 1855 IFS earnings
amounted to the vast Of 81 ,097 sos A and 1t
operated at a cost OF 6775 per cent OK this fortune
Il It's property worth S43C0OO0 It should pa taxes
Of 1T least 100000 II really pays only $1,000. II
runs forty bobta In connection with its route and
works its men from ten to fifteen hours DAY. An
other Of sharp's roads. the Christopher and Tenth
street bobtan line. which works It's drivers fourteen
hours day for only s. carried 4316777 passengers in
1885, paid per cent dividend and earned
SCI 1888 IS.
The accident list for 1884 1s37 and 1856 is worth
giving in detail