The sun. [volume] (New York [N.Y.]) 1833-1916, 1897-06-10
KTNGSBRIDGE FRANCHISE.
EFFECT OF THE coURr or APPEAEs'
DECLNION.

--
I'm n H-nsry shs B~zt.<s-a av~-.s as1
lien s&Test FrssrA.s-s - a. Assssps
tar stre~s Railway cs-pa.J ~ - Ns
hara Ave..e cs-paaJ NeS 60 -
Much interest wus manifested yesterday In
the pos.fhle effect vhtA he decision readered
By the Court Of Appeals q TvsshAy. deeiartnC
n. sale Of ths trznehfse Of the KingshEfdee ek-
tension Of the Third Arenus Railroad invalid
might have upoa the validity Of the franchises
which the NesrupoiitAa Street Railway Com
paay Sou holds COX the Lexington avenue rod.
the Itch street road. and the Columbus ayenus
roSd. II the sale Of the franchise Of the
LexfrStDa avenue aad Itch street road should
Be declared Inralid. there ts q chance that the
franchise might revert to the Third aTeaue
road. under whose bid IL vas frst sod and
4, ,he Coiunba, aware tranchise were also de-
eiAren 1ra1o tnsee 1o1a So..
regarding the value Of the s6.ooo.ooo worth Of
mnes or thereAo1u o1roan
The Third Avenue Railroad Company has
- - ,~I
'he sAfe o. ne hekhsSoa assne. Ana AAoNn
80. ~ rA,,~. srh,,ed.- a. C,th-
- 80,
street. and . motion b nov pending before Jus
re. Tra.x in Pa, I NJ The sp>e.I Tern Of N.
supreme Coart- asking for an tntuncttOa re
s~trafring the Metropolitan Street Railway Com
pauy from oo-r.,ine ear, upou The truck, vhseh
use Of underground electricity in itch street
This suit involves the whole Lerinstoa avenue
f.anshi,s north ., t~o.'y:sesoa street =. i...s:
one Of three separate eItensions whose fran
-AE-- No.
on jan O. iSsa ne :pplieataoa tT these az
aad Parouia Ferry road. which has since
hen ,b.orb.d M The Nr-.ro1ori..n ccu-
pany. The frss section Of the extension
WA fro-n Fortr@enood street n Nfretr-
eighth street. on Lexington sveHse. ne
second seettoo was from Nornfnr-fie Park
asopnE ils;h street. 70 he E..s Rive. AID ths
frnn S~ineTTeirhtb stTses "a b. Hsrsn rive
-
II ne venue we're o2eSea ana certain otner
The prospectiye bJdders were each REQUIRED 10
give q bond Of 10000 70 secure their oarrJfnC
Myers made il = condition that the saorss1fal
bidder should make a deposit Of .0OO in
ing faith1
ne franchise was frx. sold 70 Edunrd Lam
Of The 80 ~ rere.nts IN .d4iroa 10 - AZ 80
By Law. but when ComptroIler Myera demanded
To- n nF W nNR
rod nled \ protest srntnss the denand- Co-np-
tTolfer Tyers declared the ssIe VOID. and OK
S.re5 r.SaI. al n. Ho1sron w. a--sct
ma payoniA Fe-T Conpanv h-Same H. ~.
chas.rs On a IA Of l. "a - o~ot a.
CoTn,yoiie, 49, Seci.red re- sSO o0O ho-S -
he fhird avenue pso1ie forteited, aid 4 sHit Iss
he1rn IN r-roTer npon 4, ma sait 10 .-TJ
n~ndin1 All threr 9 Re eItsns5ons E,r- 80
IN 4 b1neb and in vas nS1e 4 conat,io5 ~ ~
ale ,hs \ denoSit OF Al 600 400 va 20 - 49,
bT tbe nnrrha-rr
The krarfn1 al the decision Of the Cou-r NJ
AnnSaIS n - Ef1gshrdre eTr.1S5o1 49, 49,
~ TrIin1to1 Hycn1e frSn~his- 1r1S15. 49,
- re iaSCTnS. ~ H. i-risio, TSirh 49,
~ r. 49, - 49, roints ro.de +, -. -
= 20 - irtsT1-rted TSNSN 80
LtI T. eAsaos
-. - 80 - 49, .Tr.,-t,os =. aS.a
- .Scs 60 IN go 4 TaT thar 49, ~ o-Is
ooer.red ro<rther over the ttrSs o. a. rrtsrtar 90
a. me Common Cozaci h. 10 psSrer 70 t-,cae
- . eoedtto7 Of eo1s-at 90 The sale Of A erreessoa
thai q railroad shall pay trro tie city treasury San
Of noney n easa .ttAtn eeTt.ta rt1s. a sssttina
70 the .peren'AG. OF sros ree-t1o bid b. Is zpna
S1ee sale
The attorneys for the Metropolitan Stree.
Railway Company declare TIA: the decision Is
in ever way favorable TO them and thac Il does
not in any way en6argc- the franchise OF tie
Lexington avenue road. II there we're Aay
question about this before. section % Of The
Railroad law, which was passed since The sale.
was meant 10 and Gid cure any each defects