The sun., 1893-06-08
ment as to whnt aggregate amounts the sur.

% =,
would have Yielded $4,000; and the Comp
troller's books show. that the surface roads
pnid FOR that year sl530oO percentage tax
- Looking at nll these facts It ia evident that
IL the present rule Of taxation upon gross re-
tion to the problem before the Gon mission.
the position taken by four meml ers In favor OF
tnS Of AZ ner cent nn"r tn" net Income o.
for extensions is a reasonable one. II he
rule applies at all to elevated roads 1t should
i inos and an THE the terms Of sale Of iraneSsss @ Tor Tor
new lines Of elevated roahs should require n
tax of thres per cent. for three years md five
per GENT. thereafter upon their total gross
It viii he of interest to note whether this
case now franchises are offered. and u so.
what the effect will he upon the success of the
sale The logic Of tho o,,; nnyirl5inE insistrnee
after It was found imro'sihla Of nttainment.
would have bosn morn annnrent had posi-
approximately similar results TO the city treas
ury In some other way.
On the contrary; HownnSti r ns IL was accom- ,r,
one OF doubtful success at best. and which. II
successful. would furnish inferior facilities to
tina public. after longer delay, and with far
less returns to the city as conInrrd with the
plan approved by four MON hers. the success
oi which was prevented solely 10y a want OF
tine on this point. ,.
In one more effort to arrive at some con-
clMsion Of our !abors. which will AFFORD the
wnsh h the 81 was 2
offer the following resolutions. which be-
lieve II adopted Will be satisfactory settle
ment Of the questions OF extensions and COM
pensations."
The resolutions read:
R,,r.d That Section 10 Of the resolutions OF April
Il, lSt 8. shall be amend. Il To read us follows:
i,,G,.t Tiat the said aanhat an NaiIs ay company
sns Sp In s9 yyaT' psf tue OF @ s
build branch linz with not less than ,wu larks from
road road to HinrsSrid.o ''D A'"S'''''S'
TO r S tn a. is
bridge herein provided for shnl .ehiZs the Man.
s%n s%iA@ o G s & pr
sH s RS S "ons SSiHa sn
20 The city limits within not ,ess than two year, from
cent .nn!i be earned. -.,'-
br"aeEe. to For. Gsor;o and 70 k,nssortt.e Shall be
nsser,ans and ,errei nc to 81 .hs S,%ra"er Of the
per result from the operation OF sai branches
That the sr"s. tcse, sales a; all stations uron sOtd
tie nsrssn,:ss Of ossr.ing esren.ss and ,axe.
period sha he construed 70 be me rsrcmtage aopca
bic TO the opernton Of s",a u br"nehes. es..,..u,
s:fued to be the ne, sarnns, n O. II IN tho .ad nram.1s
H. 1873, te a,n. ndei to read az. a. fot!cEs:
ntrrh ala @rretstore pprovsa The R
way COMPANY shan be rs9nrsd u;nn he execution %
Of ali dsnrscd tor the scroun, OF tbis tomnis.
lime tim, tnsreafer 10 pay into tne city treasury ali
su. ina, May q" any Lime b, g, iiSu.el Tor
carrying +" s}mpstion m tne proceed sNien.iom.
Com psny and shaii iurtner pay into the city ir.s
NY .nnaay nv per Gent o. o.! IT, net ,G"1o IN !Gn al
from gross incans ,ae opS: atns ,Xpsnses inendtns
and the interest oS rnndel debt oGtsandng accrtins
dnrng the year ss'h aehmc2r on LAG actapn! "a, q
K s.r-i That section nt.esn c. the resolutions of
April 10, 1888 be Iescindsd.
Before Chairman steinway could put the
question on the adoption Of Mr.. Srencer's
amendment; Mr.. Stntin interrurted with de-
inand that tho mesting should give consideru-
ton to his resolutions providing for an east
and west side elevated railroad franchise to be
Mr. Inman - There is no second to Mr.
Stnrin's motion. and Mr.. spencer's resolution
Mr.. Spenrer-I do not wish to interfere with
Mr.. Starin's motion. / move that the second
be, waived and that we proceed with the con.
ever. as i; comrrehends an entirely new sys-
TEN. we should know what 1t is tended 10 IN
c!ude in the franchise we a:s asked t" grant.
a map OF the city was produced on which the
proposed independent lines Were marked in
red Ink. After studying this short while ar,
Board would lie heltcr advised to Yotr on srirh
an important proposition II Mr.; Starin would
consent 20 a posihonem,eHt ,t OF me nan cues
fens siGility Of the route. Mr.. Starin. however.
insisted upon the consideration OF Ills motion
Ghairinan Stelnwav What is your object,
MIR. ,tarin-lt is tho consideration Of tho
Mr. Bushe-But consideration In its present
shape means ony more talk.
Mr.. Steinway-tertaniy: there Is nothing
else lat talk.
The molten was put in tho shape OF an agree
ment for an Immediate consideration Of the
nroposed route and that motion was carried
Turning to Mr.. Starn, Mr. Inman said.
earnestly certainly think that the res0ll-
opportunity to make fair and lust progress in
the work OF 30 nurnG rapid transit on eguita-
hS 81 IF FoaT M sho Of ~. he
Of this Commission are ready to 10 som athng
for the relief Of the people. You ,pre IN the po.
imPracticabc. am rseadyto votenow:"
Mr. Spencer am |. Wc are not here to
drive a bargain on behalf Of the city treasury.
are In position to close this matter. yet we
cannot proceed foot because OF the objection
1t was at this point that Mr.. Spencer char.
acterzed Mr.. Starin's obstructive measures
When Mr. Spencer had deliberately given
Mr.. Starin the lie. Mr.. ,steinway. who was hali
resliDpF in an nyaIids Shar said GENTS
Starin., that you have used the language that
ha rsS" 9t II
Mr.. Starin-Yes. faithful to his trust.
Mr.. Spencer dumping to his feet)-What
trust2
Mr.. Starin-You understand.
Mr.. Spencer The trust have been faithful
10 ms y IN memler OF this Board was the onth OF
office took. 1t any ono inImates otherwise
he uttsrs 4 deliberate falsehVod.
TIE scene was evidently very distressing to |
the invalid President. He half raised himself
in his chair, and. trembling with excitement.
come to order This must stop" This appeal
Ia lad ha Mr.
called for vote on his resolution, and ali !
voted 10 tho Affirmative but NJ. starin who |
voted No" The President then az kud II there |
meeting. Mr. Inman arose and said:
Il seriously hope that the mombers who |
have disturbed this meeting will Withdraw the |
language used, to which we certainly have a !
-ight 10 except, and apologize to the other |
n ombers OF tho Board.'
Mr.. Steinway-i think YOU should both with !
lraw the language objected to. 1t is tho first |
ime anything Of this kind has occurred In tho |
wo years and half ol tho Boards existOnce.
Mr. Starin was the first to offend, and / tin- !
.erely hope that ha will be the first to with
lraw his Objectionable language and make it !
,ossibls TO eXpunRe this whole Unfortunate |
ncidont from the minutes OF the me~ting.
n II. .l..t Ia