The evening world., 1894-09-29
STATEN ISLAND
FERRY SOLD.
Howard Carroll 0utbidS the
Representatives Of the
s | R. 7.
51-2 PER CENT. THE PRICE.
The New Owner Declares He Did
Net Buy for John H.
Starin.
WILL USE HIS OWN BOATS.
Must Pay s175,000 for Improve
ments Before Taking
Possession.
WILL USE HIS OWN BOATS.
The Staten Island ferry franchise was

The Staten Island ferry franchise was
purchased to-day by Howard Carroll
who is a son-in-law of John II. Starin.
The sale took place at II o'clock in the
Office of Comptroller Fitch.
The price paid by Mr.. Carroll for the
franchise was 6 1-2 per cent. of the an
nual gross receipts, which, by the terms
Of the SALE should not fall below $4,000
Representatives of the Staten Island
Rapid Transit Company. including supt.
Frank Cannon, Director J. Frank EN-
mons and Lawyer A. B. Boardman,
were on hand.
They evidently expected to get the
franchise for the knock down price.
$4,000, as they had done for many years
past, and were entirely unprepared for
the bidding by Mr.. Carroll.
Mr. Emmons started in with his offer
of 5 per cent. as soon as Comptroller
Fitch, after the clerk had read the
terms OF the sale OF the franchise,
called for bids.
"I'll give 5l-4.' said Mr.. Carroll
quietly.
This was followed b. a bid of 3-S
from the Staten Islard people. Mr..
Carroll followed with n bid of l-2 and
there was IL ,ook OF determination on
his face that seemed to say he was
prepared to go still higher.
Mr.. Emmons and his delegation
Esoeked down na to G sarins nGn'f sonln Gas
law.
There was n crowd of Interested
Staten Islanders In the office, and the
suddenness with which the thing was
done seemed almost to take their breath
away.
The representatives of the Staten Isl
80 long controlled the ferry, looked
Rsnk e 70 at sas each and S'he When They hRd
World" reporter asked Mr.. Emmons
what the Company would do, and how
the new ownership OF the ferry would
Staten Island, which has always been
run in conjunction with the ferry. he
replied that he didn't know.
We came here" he said. with the
determination not to be forced to pay
any higher rental for the privilege, and
rather than do so we have let the fran
Mr.. Boardman said that Mr.. Carroll
would have to pay sl75OOO for the Inn
provements made by the Staten Island
Rapid-Transit Company at the White
possession: This was one of the condi-
tions In the terms OF the sale.
On the other hand, the Company has
five ferry-boats on its hands. which II
win no longer have any use for. MIR. Car.
roll has plenty OF boats of his own.
1t was generally supposed that Mr.. Car,
roll had purchased the franchise fol
Mr.. Starin. When questioned on this
subject, he said:
mo l have bought 1t myself. and
am going to run the ferry"
He added that he supposed the new
order of things would begin at once.
"Will you purchase the boats belong
ing to the Rapid Transit Company" h,
was asked.
mo, l don't think tnat will he neces
sary," was his answer.
Last year the amount OF rental pal,
TO the city for the franchise was abou
$4,000, the knockdown price. Ry tn,
terms of the sale the Company ha
always agreed to pay per cent on IT,
gross receipts, with the provision tina
the amount should never fall below
Si4, ,0O0
1t has always happened that this
per cent amounted to just about thi
sum, which represented so, 500 for tn
franchise and S2l.5Oo for the docl
privileges.
MIR. Carroll agrees to pay l-2 of pc
cent. more on the gross receipts thar
the Rapid Transit Company has bee
paying.
Staten Islanders see no end of com
pications ahead arising from the differ
ent ownership of the ferry and the rail
road, and not one of them could te
this morning what the outcome woul