New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1889-03-15
YrxrNe ruE COMPENSATION.

Fixing THE COMPENSATION.
The bin also provides that Of cities Of million
Inhabitants tho Mayors commissioners shall NIX
and determine OF compensation TO be annually
paa BY the company 10 be organised for the operation Of
Tie resd into the Of suh city ~ compensation
for the Of such streets public places
u sach city over rnaer, through or across which any
gordon Of such routes shall have been located.
The commissioners authorized either 70 determine
upsn tia specIho annual 70 be paid or 70 prescribe
he method By which such annual amount should be eseer
tznsbls The reason Why thls provision 10 not made
scifs Is shat the measures Of compensation mes
from nature the casa be yefy different where The
located through the blocks from the case whore
tho located through and along the public streets
Of the city, ms question therefore, 10 oae which must
be ls largely the discretion OF the commissioners after
they have determined upon tbs routes "A an induce
nens the compeay operating tho roaA 10 reduce IL
fsres authoriy is given to the Commissioners Of the
Sinking Fund. upon sny such reduction In fares being
sds TO reduce In the proportion the annual amount
% required DO paid by the into the city treas
ms bill also provides. ss does the existing law
ssr the preparation By the commissioners Of appropriate
articles OF association for the company which 70 operate
hs road These articles OF association TO contain all
the provisions essential TO the organization ana operation
Of the road and saeh other conditions requirements and
partscuisrs tho Mayors commissioners may consider
essential desirable for The promotion Of the public In
tercxA.
In the case commissioners appOintsa oy the Mayor
u city having 100000 Inhabitants over becomes
their duty soon 80 TREY have perfected we arcas OF
association submit thsm 70 the Commissioners Of the
Blinking Fund Of such city who required 10 examine tho
same and they approve thereof TO certify such approval
Mayors commissioners Should they dsappioye the
same In whole part. they required 70 certify
the Mayors commissioners With the grounds OF their
sapprova ana their therefor and It is then made
The duty Of the Mayors commissioners 70 reconsider their
previous action and 70 make such changes OF notifications
IN such articles in their Judgment may be proper and
10 adopt the same accordingly. Upon their certifying
thar action in that respect the Commissioners Of the
Sinking Fund the articles OF association amended shall
be deemed 10 be adopted
me bill then provides for the obtaining OF the con-
OF the Of enehsf Of the value f the PROP
eftg bounded ths streets or highways upon
which the road Ia authorized DO operated and In de-
tzuit Of obtaining that consent said commission.
era arc satorred TO sppy % the General Term Of the u
pes Cenrt FOR the sppoiament OF three commissioners
whose discrimination confirmed by the court be taken
In lien Of the consent Of the properiyowhers The Sink
ing Fund Commissioners also authorized appy % the
local authorities having control OF che streets which
u proposed 70 construct or operate such railways for
consent 70 te construction operation OF the or
coarse in the city Of NewEof the local authorities
described the Aldermen. Upoa obtaining these
" Ii made the duty Of the Commissioners the Sink
log Fuad to sell az public auction the highest bidder the
rxhts franchises and privileges Of oDeatng such railway
or eaaways and Of using therefor the streets reads
ssss e. public plaees authorized for thar purpose
TO PREVENT COMBINATIONS.
In order TO preseat combination. which might DO made
tor the purpose Of preventing competition upon such SALE
he seopsee Of the bid s. psas dependent upon the con-
sent n tt Sinking Fund Commissioner who may In their
discretion, accept the bid In which case the bill
provides that the reht fsnchses and psyleges 10 aaes
ton a.t again BE put up puhe auction and until
BID shall be Altered which sha have been accepted BIZ
such commissioners Ample provision IL mada Tor tina
neos 81 time. place and conditions of se and the terms
q sss are be the Commissioner sinking
Spn1 shall forn1ats For the purpose Of securing the
bsnsfs q incorporation V hoa who heys purchased the
frsnejsc saeh persons required within sixty days
afssf the acceptance Of the bid By the Commissioners Of
tho sinking Fund, le with the Mayors commissioners
sussenpen by aet less than tsentyaw persons
Tire capital stock Of the oompeny 70 be organized for
tie operssoa Of such railway Or railways pness the
artlssss ef sssosirtion which have baen framed The
Mayors commissioners are than proceed In mo
CROWDED IN the existing statute 70 peanFe the sonpsny
The BIZ. also provides that the Bssra Of Estimate shall
Appropriate snaoisnt money 70 meet the expenses that
my be incurred py she commissioners in The performance
Of ~ duties passed upon them by tho proyisons q tho
sct ana 10 determine ms amount OF compensation such
receive Provision Is made for the
reimbursement Of TIE city Tor fhese expenses az wen IS
ths sspensss q hs sipkrs Fupd Commissioners nnder ms
b 81 requiring ths szeosssai oiddss al tbs sale to pay
se auoaut Of The snms into the city treasury In order
ttss the epzpmisseEefs eg9einc1 By The Mayor 81 the
ov having nioa inssbnae 81 over nay receive such
iasa, sssisssnse q may y assssy % aeslaee 10
49, - rsrgcr szy Mcguire TIE csenfl b the Corporation
a. c<sr chief legal adviser u suck ciy y sit - the
srso,es adviser 70 spSh eelnnsiss,opk
Z 80 a. sct fsom Ne psehllsisn eoasalned IN
sssasn a. q shs Act q 1876 esasass
- ssnstrasson 81 sny Fssh ss'Fay upen -
rishass ve 81 tbe cw Of Eestxtrx and shoas sssets
s svsapss in saaa city cenne1u nehn = bonlsyardA
r,<vzisn e 10 usdo 9ez t sxsepsea b. sae Mayer
Il ~ tn,es xlfIr wi<A mo stpta seanfes The com
s,lsu1easxs u peszaxm ~ sssicus thtts wtk walsh
ny ~ shzseek Ths nhcme q tAs sii Y e pssvas
~ ~ sessSsap txslnavs9 sAssush TIE nsafvsssss o.
r e<. II 4 <<ans1fes ~ "a pp411tion e. zH5i8<ys