New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1895-05-16
Uublir Notire.

construct and operate such branch or extension ),
crchased by the company applying for this consent tSs
percenage to be paid upon gross receipts on behalf Of
81 the Or @ ;ss
ne s to or the be ,s To- r.
length Of the road owned or leased.
shall be charged than 1--WE cents FOR continuous
ride upon from or TO the above Sramcn or extension under
hs consent also given upon the condition that such
nv bower than the overhead trolley system and
o9noIyei further That is upon tn.
express w pertnen thereto complied with
hc company acquiring the right TO construct and operate
pG In accordance with the provisions Of the aforesaid m
a,O". s ans R Ia Iaw hereby the
That no bid will be received at said sale except from
asninsd to construct maintain and operate street
way the city FOR which sus ns Which shall d s given 70
the largest percentage per annum o, n s,ss receipts q
such branch or Of et his n,e a. "e' OF the
That no bid will be received from such corporation
sr such sale five days prior 10 the day 20 which such
sale shall h nav c I,y Of bond in writing sns
under seal with sufficient suretiea to be approved BY
suG sue nriyege shall sold to such corporation 10 the
City NewYork he u na, al IN The as en o the dan.
are Of such bidder FUN the terms OF sale comply with
,,t complete operate it, railroad according TO the
plans and upon ,h hG time DESIGNATED by a%
oonrct,on and completion It's railroad and also con-
a. tan not be the bidder the e
incurred BY usn arS direction the oc su R
e. within twenty days after such sale and upon the
c,s', 81 me- as 70 the sum amount to be paid
G. Of the conditions OF sad ' a a. sea oy d
hall run cars upon such branch OF extension as frequently
as convenience Of the pubic msy seS cran and
shall be purchased at such shG Y 'e crany
nsr, ~ the continuous line Of the applicant 80 as 70
enable any any bens of Oy ride for fire.
mi from any point said branch or extension TO any
point oh the the the same be leased by said com
pany and II ther right 70 consruc, ana 9pe e such
anv corporation than tn" applicant for THIS consent
@ cstrs charg or compensation. At the point q junction
with the road Of the applicant upon dn I'm, %, eaInn
81 the extension branch sold shall bear - the length
Whether owned or leased. together with me mirage
such eanS ~ he Conditions Of said by SAID
reoiutons required that the right, T. construct snd
operate such branch or extension s, he
paid upon the gross receipts on nna 81 'n or.ncs
tn, gross Of the applicant as sni peer me sam.
brach 10 or r Extension shall bear Il
the road owned or leased ,, , 40 d., =.
said resointions require that no passenger shall b
charged more than hvc cents or c,n,nurs ri he upon
dl,ions as connections IN said consent provided -
ai resolmiions fequres such extension branch
may he operated by horsepower or any power other than
the overhead trolley system and loc' ino'l. siam
g. And these conditions u sai sale as ru'rd ~ ssa
resolutions further requrr na' me ao cmc.
vim hy The company acquiring the right to construct and
In addition to The pc~nrase bid by +, on the sale
thu purchaser viii be ne 70 pay o pa i and s ley
ac, I'VE per cent % H. Tr rGep as r,csd apy
viii be- accepted unless !, be perceri,ag,e additional to
l. In view Of failure of The cy heretof2re IN many
stree, railroad franchises by reason - purchasers at sad
sale falling - construct AMI operate IN. rpai, upoa
chase a. sniI sale and his suretcs shall fsr as ~.
csnd,ion that ~ such right franchise ard privilege shall
york the sum - Fry thousand 's'o.s ..'.rS -
event Of failure such bidder 20 funl the terms ot
and construct, complete and operate ~ railroad accord.
ing plan plans and upon the route and rues
law for and completion u ~ ralri'
s.n,s 81 property owners and CONSTRUCTING putin.
operation the said railroad within three years after SAID
J. And further attention 70 the fact that the pur.
chaser who may build and operate such r"iso.d sha .
and earnings 81 such railroad which books shall az all
In the event OF failure refusal Of the corporation
operating or using such railroad 20 pay The rental Or pen.
Of less than sixty days 70 pay the same me ocn
n arcon on is1sa s days
spi be heard IN @ dens Sf Judgment declaring the
right and such railroad forfeited
h"reinbefre prescried provided however that no
any and right heretofore granted shall
authorized except the condition that the sale shall
subject all liens and sncumbrances existing on SAID
railroads the time such forfeiture may have been de-
clarcd
* Is further given that the successful bidder
upon such will be required to give adequate security
by bond in writing and under seal IN such
and amount and such conditions and sures as nay
be required and approved by Comptroller Tor the fulfil
~ ~ the said successful bidder for
payment II the percentage per annum u the gross
receipts ~ such corporation shall have been agreed
hy tho said successful bidder. and for the
completion II its railroad within fhe times in
the laws designated and prescribed by the laws now pre-
Nsng according t. the plan plans and along the rlte
routes fixed for It's construction.
L. \ form Of the bond undertaking which Is re-
quirei be given by the successful bidder Is tie
NJ And said sale l. upon the further condition that al
provisions II law applicable said railroad shall be by
the purchaser said sale duly complied with.
Notice Is hereby that for failure 20 onl-
plee Of said road within year after
u the local authorizes and
shall been obtained for failure complete and
operate the within three after obtaining such
consents will be accepted be available
Dated New York May 18th. 1895.
AsHBEI F. FITCH. Comptroller.
Finance Department. comptroller's Once.
DtRStA ANT tC statutory requirement. notice
i Is hereby given that Act has been passed by both
branches OF he legislature entitled and wOrei FOL.
lows.
AN ACT Relating 10 the House OF Good Shepherd.
In the Ci;y OF York. AMI FOR the ~ inebau
Further not ce is hereby given that public hearing
n,t III. - H..