The sun. [volume] (New York [N.Y.]) 1833-1916, 1892-02-13
THE ALBANY LEGISLATURE.
an IMPORTANT TAx BrLL INTRODUCED
IN IRE ASSEMBLY.

AN IMPORTANT TAI BrLL LNrRoDUckx
IN faE ASSEMBLY
l 7S Proposes Go TAG the Property offrivats
Corporations or IssorpSraseA Hesitation,
whsss rseoee ErsseSs ssse,oee . Ysss
"A Bm to Easb,s Broek,y. 10 Acquire
the Properly asa rrsnehise OF the Lons
lsssss water Supply cespssy.
ALBANY. Feb. 12.-Mr. vandcrwater intro.
duced an important bill in the Assembly this
morning which IL blow at the large so.called
charitable Institutions In New York city and
the nciehborhood. At present the Blooming.
dale Asylum. various OF the Trinity Church
properties. and the cemeteries and similar
property around New York are exempt from
taxation. It was estimated several years ago.
when Senator Durham Investigated the sub
ject. that at that time there were 5000 coo
worth Of real property in and around New
York city exempt from taxation. and
that II this property were taxed all tax
alton on personal property could be abolished
without an increase In the tax rate or IL the
taxes on personal property were continued
the tax rate could be reduced about twelve per
cent Several attempts have been made to
meet this question. Senator McCielland In
troducsd resolution In the Senate for an In
vestigation OF the amounts Of property held by
cemetery associations and not used for burial
purposes. It is asserted that wealthy individ-
uals who speculate In real estate have them-
selves made trustees Of an asylum. cemetery.
or similar corporation. and as trustees buy
and hold real estate FREQ from taxation. which
they sell through . real estate committee to
their friends or associates. and thus return
II. .onA a. ~ NtrA
estate spectators have to pay taxes and car
rying charges.
The West Side Property Owners Association.
through Mr.. Connolly. Assemblyman from the
Nineteenth district, have been waGing war on
the BloominSdale Asylum for some time.
They say that the Bloomingdale Asylum peo-
pie held out OF the market for speculative pur-
poses about $4.OOO.OO0 Of real estate. and OBJ
structed the growth and value OF the surround
ing property. because the streets were not cut
through and property was not improved. Mr.
Vsnderwater's bill proposes that In every case
where the income Of q private corporation or
incorporated institution exceeds 100000 .
year It's property shall be taxed. It Is an
amendment to the Revised Statutes. which. in
their present shape. exempt all property Of
certain charitable institutions from taxation.
Mr.. vanderwatsr wants to break UP the accu-
hands OF corporations which pay no taxes on
them. He thinks that any corporation which
has an income Of over 100000 year Is able
to pay taxes.
At the close OF this mornings session Of tho
Assembly the Speaker made little speech to
the members. com plimenting them on the way
they were attending to business. The Assem-
bly, is up with its calendar. something unusual
All the bills on the order Of third reading have
been passed. and the reports Of the commit
tees are acted on the same week that they are
senator MeCarty introduced . bill to provide
for tho condemnation by the city Of Brooklyn
island Water supply Company. This Is. the
s NJ q q NssF asSs and +,
other Brooklyn officials from completing the
s sfrE,angsment.s tyr buying the property The
shall condemn, the property: and city bonds
g .4 p1y at prf de-
Now that Yonkers has 49, 600 people. it i. am
chester county. Thsre are tWenty.two towns towns
in Westchester county and Yonkers amounts
.y in Bc.rd "
Senator MoCIeliand introduced q Bill to make
1--WE wsds instead q ~ the Sec
large. six In all He snid that there is no
pervisors Of Mesto6estsr county is Demoeratic
Pin ie to give ionkers representation proper
Te result q eSs Of the Hon. Timothy
Justinian Campbell and his bride to the AS
tie Assembly COMMITTEES On c" comm H%a " and
Sqdss 5 the
its speedy report shows the power OF his egis-
lative experience and personal Establishments.
piers On BlackTelrs Island.
insurance. companies at any time after three
s5s fs:sSss ysjss shs RSiss "a +. Sun sur
tne po II H. suyan. bii to per%t
casualty insurance companies TO- do other
business was reported favorably in the As
Troy, collier ls and cut, girl. have succeeded
90 T The IT, hare the Mor
spiy There lie. been sood dssf q ro ssSE
Winter Some 81 Girls strueE sna t he
the s ns .hG dG P Ssys stk but #
hard to deal With them. as the policemen can.
ss the that the st CON-
victs In the state, prisons make collars and
cuuS 30 cneapIy tnAL tn6 wages In Troy have
to be reduced TO compete with the convicts
They came down to Albany In delegations,
and. as many OF them are eloquent as we'll as
pretty. the committee did what they wanted
done.
The Myers voting machine bill was reported
The Senate passed two OF Com m lssioner Gil.
roy,s iPg POI tent billie one Of them e appro;
machinery necessary for the working Of tho
new aqusduct, and the other the S5OO0O00
requirement. bill. This bill Ia q duplcat. OF
that under whieh, the streets Of New FORK have
million dollars worth OF bonds year. the pro-
ceeds to be used to pay for the putting down
approval
Tis Gill to provide for the construction of a
third reading in the Assembly.
The a, Assembly passed the ~ ,approprIatlna
wants to have the Capitol finished during his
administrator. i Is estimated that II will
approprlpti9n: The steps to ne Capitol are
VII under x.y, xilI ,rs.sSiIis further sfpsndi:
OOO 0(Nl IN fhfa 0erhranh n d ~ ~