The sun. [volume] (New York [N.Y.]) 1833-1916, 1893-06-20
MIR. STARIN'S PROPOSITION.
OFFERS THE RAPID TRANSIT FRAN
CHIsEs FOR $4,000 Il YEAR

In
WIN Probably Accept one OF Tsep.
Atthe call OF Mayor Glroy. which was hard
1, short OF n command. the Board Of Rapid
transit Comm ssioners got together yester-
day and agreed on two propositions to be- sub
u,tied to the Manhattan Elevated Railroad
company The second one. which. by the way
vas the child OF stubborn Mr.. John ". Starin.
whose whole rapid transit life apparently has
been found up in q desire to squeeze the Man
haitian. is the one which in all probability the
Manhattan will accept It 10 more liberal to
the Manhattan than any proposition yet m AIDE.
NOR, literal than any OF tho men who Mr..
starin intimated were too friendly to Manhat-
tan were willing to agree to. but they were
forced into agreeing to 1t by Mr.. Starin.
The PROPOSITION is that the Manhattan shall
nay to the city q lump sum Of $4,000 an
pually for all time in lieu OF any percentage on
its receipts The other proposition is tho
proposition made by Mr.. Spencer that the road
shall pay 5 per cent. Of its net income. which
shall he computed by deducting from its gross
receipts the maintenance charges. operating
expenses. and the interest on its funded debt.
which 1t is provided shall not exceed $1,000
600 any year. There is one proviso. That Is
that the city's share shall not be less than
sl25.OO0 any year. Under this proposition
Mr.. Spencer and Mr. Inman, both practical
railroad men. agreed that tho city's income at
the present time would DO S145.OOO. In five
years they said it would not be less than $780,
600. and in fifteen years 1t would probably be
$4,000. SO Mr.. Starin may be said to have
cost the city the difference annually between
Sl15.O00 and S450.O00. a little matter OF S275,-
600, or 100000 annually more than he asks
the company to pay for the valuable franchises
which are given.
Mr. Spencer expressed It In a very much dis
gusted manner in this language: Here We
have been fussing and fooling around for
months to get moro out OF the railroad. and
we have gone to, work and given them every
thing for Il good deal less"
o'clock. In order that there might be no
GuesGn ae9Ht the Legality 81 any proceed
tions OF the four Commissioners-steinwa
lnman. Srencer. and Eushe-,who retired in
disgust at the stu bbornness and .wordy assaults
OF Mr. S,arin three weeks ago. He reappointed
them INN ediately, and the letter was the first
sioners took new onth OF officc anu went to
work. Nj: starn offered tho following amend
nlent TO MIR. Spencer resolution Of April IL.
@ & Th ;. sssSn to Of al. a. .e oon of
R",,L That the said Manhattan Railroad Company
SH s5 Ct
i62 street and tenth avenue. along the Klnssbridso
road 10 kingsnridge 40,
sre,t to Fort Georse and from lr2d street to Kings
TanHattan Raroai Company in cperstion .hsreof
fSs SF SsT IN ErTp int eA5 the
tend the last named branch from klnssbridgs along
years rom the expiration OF the year Within Which
Tho SAID four cent: la be earned. Provided. how
msds int to Dsy m, ,a. mot
I:r.d ma. Ne q construction Of said branch
to Fort George and kingsbr age shall be ascert AIMED
ssnl certified, TO IN. nomptronsr of the city of New
E."Ied That the method of ascertnnng the four per
ss pst e. the S r,n Sf ,d nc
stations ami all other earnings whatsoever upon SAID
as d SS FfSsFSs"
The for the Pc peroS shall b
srued 10 be tho percentage appeab TO the operation
the asi san
Fs r s.sS Of h of April
be AMENDED to read Aug IL. 1893, instead OF June
s n THAT s "S. T. q the of April
Re: led Tnat eemren.sson Tor the ne W franchises
na t. the E
q y G sy into e. S
S.r.sI tSr the aesoun, OF III. oo%mi';,on
5 s % mt
I. be h Inc and
ana shan further pay into city tTss.ury snnnsiy
be @ y !s1 Al ss met
the "a nS.inS
on ss Funded debt oatss.nainx aecruins during the
not 81 OF any n on
sy . to the
The discussion that followed the reading Of
o'clock. and then the voting began. The re-
porters were not in, the room but all the Com
there hadn't been a hard word spoken or bad
name called. and that there was no renewal of
body asserted that the feelings OF the two
gentlemen were over cordial.
The first snae in the voting came on the first
proviso In tho amending resolution. 1t fixed
the time fer the extension to the city limits at
not more than eight years from the completion
from the. acce ptance OF the proposed cJntract
Mr.. Starin voted alone in favor of the proviso.
The second snag was the .proviso at the tail
Of the amending resolution that the city
ihG@s ss f Saa h g.. yss Sx aa
MI. starin voted in favor and against all the
other Commissioners. Then there was moro
luton; which. after a very, little discussion.
was adopted. 1t was exactly like the first in
!iso was lett out. thus removing the time limit
iSr extension to the city limits and making
!Haf part OF the pro29osttlon1, accord exactly
George Gould the last time he attended con-
Terence a. 81 Mr.. Steinway's house; The last
Its place'was the following:
a ans S iSh s ana s
ihe option OF The ManhS,su Elevated Railroad COM.
H. t" Day OF @ gts hs
nsG o. sad percentage the sum OF $1,000 in cash.
mn az That rate for any part NJ year That the
~ either event shall begin to accrue when tho T.
bal Is Of Il as ~ Of April
be rescin led '
FF".rrt That the Manhattan Company shall. on
ee!ofeJuly 10 exercise the option to the form Of
.at ana ns 10 whether wiz accept tie facilities and
extensions approved by tn. BOARD by resolutions of
AAtch ll-3D and April and tins date.
Secton 10 Of tho resolution OF April IL.
winch was rcscinded, is AS follows:
fha
s"h o, me extensions 10 tie clty limits shall be
suIeu oSt"-rn ihe h urs OF $3.50 so O'Clock in
we morning ald 30 20 $40 O'Clock In the evenin. Of
a MorAlg gay to c>Fry passengers on all its lines
from city ne TO lhr battery. The reverse for
Inc commissioners adjourned imm ediately
s,ort , VIZ resolutions were passed. Mr.. Inman
tha "a oI Inc nraHd cntral Station to catch
ths re % %as sGo train lie said a he went that
Hhnhat'an won! accent on" OF thetwn" nro tmo
any DOUBTS ei'her uluh nave
so,nms e t Mammalian accents ether Of the promo.
ssuioua tne upr'N"m-nt IN rapid transit I'll
Ties IN the city. al to he cont Cd ri ia.il-