The Portland daily press. [volume] (Portland, Me.) 1862-1921, 1897-12-15


Dewn-offers an Order for the CITY
Government to Pass.
Yesterday morning Hon. Seth L. LARA.
bee handed to Mayor Randall the follow
ing document, by which the Portland
and Yarmouth Electric Railway comnanv
declines the condition imposed by the city
government, requiring the company TO
pay twenty thousand dollars for the priyi-
| lege of crossing Tukey's bridge. The
Yarmouth road makes proposition that
instead Of SIC, 900 down it be allowed to
pay a rental Of $500 year for one hun
bred years. The statement and proposed
order are given in full:
| To the Honorable Mayor and Board Of
Aldermen of the City of Portland:
| The Portland and Yarmouth Electric
Railway company respectfully represents
that it has duly considered the terms in
relation to the amount OF the expenses of
the rebuilding of Tukey's bridge which
the municipal officers of said city have
proposed shall be borne by the Portland
and Yarmouth Electric Railway company
for the occupation Of said bridge by its
road, in the srder of the city council re-
lattDg thereto passed on the seventh day
Of Decem Der, 1897, and has determined
that it cannot accept and agree to the said
terms, because it believes. the burden i'm
posed thereby will greatly enbarrass II
not practically prohibit the completion
and operation OF its road. The sum re-
quired to be paid is In effect a direct ad-
dition of twenty thousand dollars to the
amount of capital required for the con-
struction of the road. The company has
| no income out of which 1t may pay the
said sum In the instalments required. 1t
has no assured future income and it is
not certain that the amount of its income
Will equal the ordinary fixed charges of
the company. 1t is a new enterprise and
must create whatever income 1t receiver.
1t must make business where now none
exist. The municipal oficerssof the city
heretofore when application was made by
said company for location of its termi-
| nus in Portland, expressed their lack of
confidence in the then proposed road by
granting location in Portland only up
on the condition that it should first build
| five miles of track outside the said city.
| The company believing that she road
would be of great benefit to the city of
Portland and would ultimately yield a
| fair return upon the capital invested in
| it's construction has subscribed to the
conditions prescribed in it's location and
has constructed ten miles of road outside
the limits of the city Of Portland. The
pdAJ A0W NCBlIS W 6iit6E G1S CIUy on
| It's location and to construct its road up
on ana over Tukey's bridge. 1t does not
expect or ask that it may be relieved
from bearing its full share of the expense
of the rebuilding of the bridge. On the
other hand it is willing and VIII agree to
perform what it believes to be full equiva-
| lent of the terms prescribed in the order
passed on the 18th inst. Wherefore 1t re-
specifically asks your honorable board to
modify the terms proposed by the passage
Of an order which shall contain substan-
italy the following conditions:
| December 18th, 1897.
Portland and Yarmouth Electric Rail
way Co., by Seth l.. Larrabee, its At
l. torney.
| City of Portland, Me-,
In Board of Mayor and Aldermen.
| Ordered, That the terms in relation to
the amount of the expense of the rebuild
ing Of Turkey bridge which shall be borne
| by the Portland & Yarmouth Electric
Railway company for the occupation of
said bridge by its track, poles, wires, ap-
planes and apurtenances on it's locatio n
heretofore granted, be and are hereby
| fixed and determined by this board, in
pursuance of the legislative authority
conferred in section 4 of chapter At OF
| the Private and Special Laws of Maine,
| approved March eth, A. D., 1898, as fol-
| lows, to wit:
Electric Railway company shall pay to
the city of Portland the sum of twenty
| thousand dollars In cash, or, if it SO elect,
may enter into WRITTEN contract with
the city of Portland through lis president,
| treasurer, and board of directors, therein
and thereby binding itself, ita successors
and assigns, to pay to said city Of Port
the first day of July A. D., 1898, and 8
like sum Of eight hundred dollars ON the
first day of July in each and every year
thereafter until and including the year
1887, ana said annual payments when
made, shall be deemed equivalent to the
payment as aforesaid OF said sum of
| twenty thousand dollars, and shall be in
full payment and satisfaction of the
| amount of the expense of the rebuilding
OF Tukey's bridge which this board has
| hxeu and determined as a fair and reason
able sum, in their Judgment, to be paid
by the said Portland and Yarmouth Elec-
trio Railway company towards the ex-
pense of the rebuilding of said bridge;
| aid Portland and Yarmouth Eeotrio
Railway company to have the further
option Of paying said sum of twenty
thousand dollars with interest at FIVE per
| centum per annum, at any time within
twenty years from said first day of July,
| a. D.. 1898, interest at the same rate per
cent, being allowed on final settlement,
on all payments made prior TO the date of
final settlement and said payment of said
sum OF twenty thousand dollars and in
terest, If made within said period Of
twenty years, shall be accepted by saia
city of Portland in full satisfaction and
payment of the amount of the expense of
the rebuilding of said Tukey's bridge,
which has been fixed and determined by
this board as fair and reasonable
amount for said Portland and Yarmouth
| Electric Railway company to pay toward
| the same and that the right of said Port
land and Yarmouth Electric Railway
company, and the right of its successors
and assigns to have and maintain it's or
their tracks, poles, wires, appliances and
apurtenances upon said bridge or any
| portion there of is and shall be con-
ditioned upon the payment of said sum of
twenty Thousand dollars and interest. or
its equivalent, in said annual payments
OF eight hundred dollars each as aforesaid.
promptly and when the same shall come
due, and upon the failure of the said
| Portland and Yarmouth Electric company
and Its successors and assigns to make
| said payments, or anyone thereof, prornpt-
ly when the same shall come due. the
| right to occupy said bridge by its or their
track, poles, wires, appliances and appur-