St. Paul daily globe., 1889-06-14
Property Owners Subscribe
$4,000 for Cable Line
Extension.
Fifty Thousand Dollars More
Is Needed to Complete
the Bonus.
Dealers in Dirt Are Behind
This Scheme to Secure
Rapid Transit.
They All Want the Cable Line
Extended to FairvleW
Avenue.

Half the requisite 100000 bonus for
| the extension of the cable line was
raised at the property owners meeting
at the chamber of commerce last night.
| Fully 25O representative men were pres
| ent, and every one of them was in favor
! of the proposed cable-car extension.
! James King took the chair and briefly
| explained the cause for which the meet
| ing was called. After several speeches
had been made in favor of the scheme
and explaining the impossibility OF
bucking against the grim specter which
has st. Paul by the throat. the subscrip-
ton list was besieged by crowd OF
men eager to put their names down for
whatever was due from them.
Thomas Cochran Jr. was the first
speaker. He said he thought the best
plan was to deal with Thomas Lowry.
simply because of his power. In his
judgment no combination of men can
come into st. Paul without the permis-
sion of the city railway company. The
legislature of Minnesota gave them the
rights they possess, and they would be
recognized. 'sWe may as we'll acknowl-
edge the situation. as they have the city
by the throat. The assessment rolls Of
the city will show us that it will greatly
benefit the property. The assessment
on each lot will return hundred fold.
The improvements OH st. Anthony
Hill and the Midwsy district have so
greatly increased the assessment roll OF
Ramsey county that the inside property
has to pay very light taxes. Rapid
transit is all that has done it. The in
terurban district will be benefited by
the competition of the cable car line
with the railroads. While / believe
electric transit to be feasible, / con-
slider cable transit better; it costs more
but is more satisfactory" He was Ell
thusiustic in favor of the proposed ex-
tension. 1--WE are none of us here for
our health, but we are all selfish
in business to certain extent.
Let us not be so selfish AS to be
shortsighted. Combinations, trusts and
cooperation are wonderfully powerful,
and are all-important. some of us
think some better arrangement could be
made, we must put those ideas aside. as
MIR. Lowry controls the franchise, and it
would De a waste of time for us to fight
him." Archbishop Ireland was greatly
in favor of the project, and delivered an
enthusiastic address to the meeting. As
citizen he was deeply interested in
everything which promoted the pros
perity of the city. and representing the
Catholic church, he assured his hearers
that he would do all in his power to ad-
vance the general interests of the peO-
pie. He said the trend of ideas to-day
were toward suburban villages and
homes. "'Tis well so," said he, s'and
nothing but rapid transit has given
the benefit to all of cheap houses.
AS the cable is extended westward SO
we have there one of the grandest
| plateaus in this country. l look Upon
benefit to Merriam Park and the prop
erty intervening. 1t Will make residence
lots out of gardens and farms. If it is
settled that we can only get tranSpOrta-
ton from the City Railway company,
let us take it to our advantage, and l
think we are here presented with the
opportunity. Let us cooperate and
guide the scheme to our own welfare as
well as the company will direct for its
own interests. | take this occasion to
thank the real estate men for their
noble work in giving to the city all that
is modern, etc"
Aid Sullivan. of Merriam Park.
stated that the contract for laying the
sewer on Selby avenue had not been
| let, and was being held by the council
| tension project. He said that Merriam
| Park people wanted the extension, and
| provision could now be made for WIDEN
| ing Selby avenue. The city intends
| laying a blind sewer on the avenue
| under the new contract to be let.
W. S. Morton eXpounded upon the
| proposed agreement with the company,
| and showed where the bonus asked, if
assessed upon the property benefited,
would be less than per cent of the ap-
| praised value of all the property lying
| within certain parallel.
| The contract with the car company is
| to the following effect:
The cable car company agrees. to extend
| its line from Dale street to FairvieW avenue
ton a , by Nov 70 ~ Is isso The fare @ is not to ea
ceed 5 cents for the whole or any part of the
| distance from Broadway to FairvieW avenue,
and the service is to be equal to the present
service. By a failure to operate cars within
one year of the stipulated time the company
will forfeit all the land subscribed; by a fail
| ure after one year, 1t is supposed SO have
will forfeit the other fonr.fifths. By operat-
ing for TWO years and failing to do SO after
that two-ffihs of the land is earned
and three ffths forfeited. Three-ffths
are earned and two-fifths forfeited by oper
ating three years and failing 10 do so after
| that, and tour-fifthS are earned and one-fifth
| forfeited by four years operation and fail
| ure within five years. Operation for five
| years earns all the land. 1t is provided that
| q failure to operate, caused by strike or
| other reason outside of their power to pre-
vent, if they use every possible means to
rnn, will not be considered as forfeiting any
| of the land. The subscribers agree on their
| part to use every effort to get the city
| authorities to widen Selby avenue to sixty
| feet, to grade it and put sewers in to Fair
| view avenue and to build suitable bridge
over the Milwaukee Short Line tracks,
| where they are crossed by Selby avenue
to deed the amount of land, or its equivalent
in money, to the company free of all ex-
pense to the latter The title deeds TO be
| held in trust until the line has been in opera
| ton thirty days. The grade of the bridge is
not to exceed four feet in the 100. The total
| amount subscribed is to amount to $lGO. 600
! but no one is to be liable for more than he
| subscribes. Then follows schedule of val.
| ues on the different streets affected, reckOned
| as the appraised values of lots not more than
| one foot below or five feet above grade with
| a frontage of at least forty feet. The lots
contributed are to be not more than a quar-
| ter of mile from Selby avenue, and any
| change in value caused by their being above
| or below grade is TO be matter Of mutual
agreement. If this cannot be arranged,
| an arbitration committee shall fix the value
Nothing East Of Chatsworth street will be ac-
| cepted. not more than s., 900 will be allowed
Tor any lot and not more than five consecu-
| tive lots will be taken from one man.
The following names and amounts were
] affixed to the contract at the close Of the
meeting:
| Egbert G. Handy. ...,.... ........S4, 400
j. l.. Forepaugh. Observation-Disclosures. 6,0O0
| Stone Il Morton ........... 1.20O
Bushnell u Bushnell. .............. 5000
| j. ". Brown..-. ....-....,...... $50
| Lucien Warner. er......................... 1900
| G. +. Danneburg Observation-Disclosures. 81
Fl. C. Blackmore..... ................. 80
| James King g..,,.,.,... OOO