The sun. [volume] (New York [N.Y.]) 1833-1916, 1894-03-16
LATEST IN RAPID TRANSIT.
CLIMBER or COMMENCE BILL SENr
10 ALBlNE
3. n. BssescH, seth Lew, John CinHn, ava
Alexander y. Orr 90 be Comri--tonctS-
hrnnnaia nf MN ErnNI..

=. n. Bssesch, SETH Low, John CinHrn, ava
Alexander y. ORE 20 be Comui--ipucts-
A syaopsis OF the Riips Provision.
Cornelius y. Bliss. J. Edward Simmons and
Charles s. Smith. as q special committee u
the Chamber OF Commerce. went to Albany
yesterday to present the Chamber OF Com.
merce's Rapid Transit bill, based upon that
prepared several years ago by Abram S. Hewitt
The new Board OF Rapid Transit ComuYs.
sioners is TO consist OF the Mayor. Comptroicu
ard President Of the Chamber OF ommctcs
and Samuel ID. Babcock. Seth Low. John
Clalin. and Alexander f. orr The committee
has m ade public the text OF it's bill. AM so
this synopsis Of it's provisions:
The bill provides for a new Board Of Eard
Transit Commissioners. consisting Of the
Mayor. the Com ptroller. the President o. the
Chamber OF Commerce. CT onlcio. end iuur
others named In the bill. The Board may itl
vacancies
Aside from thi. the scheme OF the bill Isto
extend the powers OF the Board OF Rapid Tran.
sit Com missioners under tho act OF 1871 s. ~
to confer upon said Board the right, II mi s
Judgment 1t is found desirable to do so pl no.
yiding for the construction and opernti. % Of
rapid transit roads for and on account Of tho
city The existing powers. therefore which
by law are now vested in the Boarl VI l@ttd
Transit Commissioners. are still retained
II the Board should determine that
IL 10 expedient that rapid transit
road should be constructed at the expense OF
the city il 10 authorized to use any plan whith
has been heretofore adopted by the oil Laird
Transit Commissioners. and which has 10.
ceived the constitutional assent OF the c-al
authorities and the property owners. or OF the
General Term Of the supreme Court 10 case
the property owners shall have refused their
% ,,rhrnaI q. al 4
adopt new routes and plans which must N
turn be submitted to the Common Council and
to tho property owners or to the GencTh
Term Of the Supreme Court for the requisite
approvals When the plans are finally adopt
ed and consented to, the board 10 author ed
to advertise for proposals Tor the construction
and operation OF the road.
Power 10 given TO the Com missioners II they
see ut to do so. to make Que or several CON
or parts OF a system. OF rapid transit. Ths
Commissioners are authorized TO reject all the
lid that In their Judgment VIII best ptcmot,
the public interest. Tho successful bid ~
then rea1red TO enter ITO ion sa i"5 Inc
maintain, aud operate the same Tor term o'
years e be specified in the contract not iHss
annual rental to be paid by the conractSrt9
the city must be AN amount to be liked
the interest on the bonds issued by tho
city TO pay for the construction OF the roai
Ssd e een the 81 nSi
order to secure the city the contractor is re-
a whis to sns, to
pos ds o. 81 600 600 with the Cono.roier OF Il.
city which sum 10 to be repaid to him, with
city upon the bonds issued under the act, as
equipped. and the operation Of the same
commenced to the satisfaction Of the Roart.
struction the city Is authorized to issue It's
bonds. principal and interest payable IN golI
The road OF d. itseif upon being eonstr1e,.d tmme.
diatey becomes me proPs Fer III me e,lS I"I
other equipment OF the road is to be the pr"i-
erty oftho contractor. provided Gy him at his
AS a substitute for the security OF $1,000
600. when repaid the city is to have nrst lien
upon the rolling stock and equipment. Rover
Agreement that may be considered Wise ia
reference TO renewals OF the lease or the pur,
ssais by tso S.y Fl nhf ne
The b IN o. tn ,hs
The contract is also to provide tho rates Of
10 Be y fu re The u rentals rsesiyed are
be paid into the sinking fund for the REDEEM.
se co lon ~; 81 to H. both inclusive. relate sy
clusiveiy to judicial proceedings for the sp;
the eosdaSt Of such preoesdinEs Where Tho
BOARD OF Kapid Transit Commissioners shall
find IL necessary to condemn any property 10
order to provide for the construction OF suen
road.
The bill also contains a provision that
whore in the existing law vote OF four men.
bers OF the Board Is REQUIRED. the number
shall be increased to six. This Is in eTrct
giving the same veto power TO one member OF
the Board which the existing law now PRO
vides for. the present Board cons sting 81 NNb
persons and the Board provided for ~ the act
consisting OF seven persons
The bill also terminates the Offices me
present commissioners OF Rapid Transit a4t
requires them to transfer and deliver 10 ;ha
new Board all the records. maps plans. AMI
other property relating to their work proy.--
ion 10 also made for the payment Of the -&-
pensss and compensation OF the ouiS"!iG
Commissioners. This was considered Just, =!
was necessary to make provision for II ir the
act In view OF the fact that the rayheHt
Of the conversation OF the Commission
ers under the present law Is dep"ndeIt
OF franchise for rapid transit, whr.u
las not yet been done. Provision is also Inad'
for the payment ~ the EXPENSES Of the new
Hoard OF Rapid Transit Commissioners aai
also OF rea son able compensation TO the mem.
bers thereof, other than the Mayor and Conn.
troller. which compensation is 10 he asr"r;
tanned and determin ned IN the manner provided
for IN the existing law: that Is by the General
Term OF the supreme Court, but Is to be paid
to them from time TO time"