New-York tribune., 1890-03-31
PRICE THREE CENTS.
MORRIS AND ESSEX TAXES
AN AWARD AGREED UPON BY THE ARBI:
TRAITORS IN NEw-JERsEY
PROVISIONS MADE FOR THE PAYMENT 81
$500 900 IN BACK TAxEs-rHE STATE MAY >,
RELISGUIsH THE RIGHT TO PURc
CHASE THE ROAD.
Irr TELEGRAPH TO THE rRrBuxE.y'

Trenton n j. March 3O.-Ex, Judge F. W. SteveW
and ex-Judgc John +. Dillon, the arbtrators In tne
Of the State against tho Morris and Essex RairceA
Company, have come to an agreement, under wmen
the State is to receive 100000 for back taxes Fol-
lowing Is the text of the award filed In the once OF inc
Secretary Of State:
That in full payment and satisfaction Of all alleges
OF the State against the Morris and Essex aroao
Company, and the Delaware Lackawanna and "esseh
road Company its lessee In respect OF taxes In arrears
the organization of the Morris and Essex Raroaa
Company down to and including the year iooS'
the said Morris and Essex Railroad COMPANY
and the said Delaware Lackawanna and western
Railroad Company lcssees shall TO the State OF
NewJersy the sum Of $500 600 and is further ordered
awarded respect Of the taxes since 1888 down 70
and including tho year 1889 as follows: TO W.T. nat "
shall contemplated pass an act at the pres
ent session OF the Legislature surenderng tne rehS si'e
by the sixteenth OF the charter OF the Morris ans
Essex Railroad Company passed January 2o 1882 or py
any supplements thereto TO PURCHASE ana acquire
the railroad and property OF the Morris ana Essex ~'
rad Company forth and continued In said char'
ter and supplements consideration that the company
shall surrender the special contract In relation 70 tSs
ton as provided section Is OF said charter or JanuaU
20 1896 third section Of the supplement thereto
March g. 1865, In OF the supplements 70 sai1
original charter and shall TO submit ITSELF 10 tno
operation provisions of all constitutional general
tax applicable to all railroad companies passed or 70
be passed. and shall release the State from all liability IN
respect Of reundng repayng taxes paid under general
tax laws since and including the year 1SSf-hen the
above award to be credited with the OF $4,000
1t is further awarded n the Legislature OF New'
Jersey shall pass no the above contem.
present session thereof then the above award
Is credited with the said OF sos 900; provided
railroad companies shall file with the Controer OK
the State release the State OF NewJersey OF All
claims against tho in respect Of reundns or
repayng paid by tho said companies or either OF
them including the year 1884 the amount above
shall be paid by the said railroad companies 70
OF NewJersey follows: 100000 within
thirty days the rising OF the session OF hs
Legislature 100000 within thirty days thereafter ane
the balance within thirty days thereafter.
reaching this award, the arbtrators deem IL proper
to add himself that It has been the result OF
careful examination voluminous testimony. en-
bracing complicated transactions running through period
OF about forty years Many OF the questions involved ecpe'
cay relating net earnings, cost Of road, time
OF payment others complicated and TO large
extent unadudated In consequence Of different con-
tructons put upon the charter and acts relating TO tho
subject by the State and Company, there was vide
difference between them the State claiming that tho
company IN about 100000, exclusive OF
interest and the company claiming TO have paid the
state not only full but about s240 900 besides. The
acquit the and its officers OF any In
tenon reports which have been made from time 70
time OF design 70 defraud wrong the State. 1t IL
awarded that each party shall its own COSTS