New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1893-02-17
BRIGHTER HOPES OF OPERx
A NEW COMPANY TO BE FORMED
THE METROPOLITAN TO BE soLD-GEyEg,r CIV

THE METROPOLITAN TO DE sOLD-GEYERAL CIV,
FIDENCE IN THE SUCCESS OF THE PLAN
Lovers OF grand opera IN New York have n, H..
substantial ground for hope. II 1t was said ~
truth at the beginning OF the week that opera .cmss
further on than ut any previous time In m)nth, "A
may be said now with equal truth that II has 49,
seemed so near as ut this moment since the M.~
politan Opera House was burned. A meeting Of -.
purchasers Of the opera house at the sale Of Tu..
was held at the oflice Of james 4. Roosevelt Ma -
Wal-st. yesterday afternoon. Nine OF the Ten ~.
present, namely, James A. Roosevelt, Adrian I,.,,.
q. q. Haven, S. ID. Babcock, George f. Raj
ELbrldge r. Gerry, y. ID. Juillard, Luther Eouo,,.'
and W. c. Whitney J. Pierpont Morgan ws r,..
scented by his partner, George Bowdoin. Geo,.,
Rives. who now becomes legal adviser for the a.,
OF the house, as he Is already for the Metropa,,s
Opera House Company, the metropolitan Impn,.
ment Company and Abbey, schocfel Grau, n,
also present.
The project OF q new opera company was dises,.1
and 1t was practically decided that one should I.
formed A committee was appointed consistin, a,
g. g. Haven Adrian Isen and Elbrdge Car
to formulate plans for new company and TO so,ci,
suhscriptions The new owners OF the BUILDING ala.
pledged themselves TO sell the house to such co,.
pany, when 1t should be formed, at the exact ure.
which they paid for 1t en- Tuesday, sl,4o5.o0O N.
Rives said yesterday that the capitalization OF m.
COMPANY would probably be not far from % 600 ooo
In addition IT,. 81 425.oO0 required for the original
purchase OF the property. about $4,000 Would b
required for restoring the opera house. and II wyM
be better to have too much money than TOO u,,la
Mr. Rives thought that the company would no doubt
be formed without dihcnlty.
George Henry Warren, wh) tried two weeks Al.
{, form company to buy the opera house. saM
no had made Thorough nve ,fcat.
OF the value Of the property. lie declared that III.
land alone was w.rth 81 100000 and that the In
prCyemen,s OF the two Broadway corners occuuM
as apartment houses. and owned previous to the as
Ly the Metropolitan Improvement Company were
worth 100000 This made II $4,000 the value o.
the property, exclusive II the middle part Of u.
Broadway front and Of the part OF the building srr
standing n. the rear end In Seventhave. and Thirr
ninth and T0reth s,s 1t would be absurd 10 suppoa
that all this not worth ecgh 10 make up the rest
Of p 900 600. The new Company would get it all 70,
81 .425, OOO and Mr.. Warren could not how the
plan to form such company could possibly fail.
"You may be sure" lie said, that shah have
opera
II IS understood, indeed, that the company Is already
TO De regarded rs practically formed, and that the
work OF the committee will he the arrangement d
details and the charge Of the formal organization.
Henry L. Abbey said yesterday that he had seen
the members Of the committee Mr.. Roosevelt and
others Of those interested, and that he felt perfectly
confident that the company would be formed, and
that NewYork would have opera again next winter.
The house he thought would be rebuilt In accordance
with some suggestions Of his own. and would 10
better I'm some respects than before Mr. Abbey re-
celyed a dispatch from Nine. Melba on Monday
asking II he would want her for next season. Hs
replied that he was to give opera in America whether
thotel
would be wanted. Yesterday he received another
dispatch from her saying that she would come.
Henry Clewc, who at first felt somewha dissatisfied
with the result OF Tuesdays sale, said yesterday,
before the action OF the meeting was made known
Il have had an interview with Mr.. Roosevelt and
have established harmonious relations with him and
bis associates in regard to the reorganization OF NE
opera house for operate purposes. Everything
favorable to that result. There VIII be meeting OF
Mr. Roosevelt's syndicate this afternoon nave SUD
mitted 10 Mr. Roosevelt list Of subscribers 10 D!
plan, most Of whom / feel quite sure still desire
be parties to the reconstruction oil the properly
am willing 10 render all the services In my power u
aid OF carving out the stockholders plan which
have already had In hand and for winch have o.
tanned a large number Of subscriptions or any other
that may he formulated. My only wish Is, vithous
being welded TO any particular scheme, mat 'ns
opera house property should be renstated for ne pu
poses for which IT was constructed. 50 that the cry
WORK the metropolis OF the nation, VIII be ans
TO hold It's prestige with other enterprisns cities
the country and not fall behind. as would ce''my
be II we had to abandon the present opera nous. :
an satisfied that the genuencn VIII IN ma
the property at the auction sale are acung W wv
faith in this matter and desire 20 hold me propsX
together until sufficient OF the old stockhoce's ~
otSers can come together under agreement 10 CON
tribute the necessary money TO put the enterprise Y"
n strong and permanent footing