New-York tribune., 1898-01-01
TO WORK IN HARMONY.
THE METROPOLITAN AND THE THlRD-ANE.
COMPANIES SIGN A TREATY OF PEACE
AND COOPERATION.

AND lo-N'
The arrangement for harmonious relations be-
tween the Metropolitan Street Railway Company
and the Third Avenue Railroad Company which
has been In course OF negotiation for some time,
was completed Yesterday afternoon at meetings OF
the officers of the two companies. The meetings OF
the officers OF the TWO companies were held sep
araely. but subsequently the officers OF the Third
ave company proceeded TO the offices OF the Met
ropo!i,an company and the agreement was for
mally signed. The following was given out as an
official memorandum OF the agreement:
The various agrocments s3nsnmmlaiing the un
and the Third Avenue Company were signed ana
delivered this afternoon The agreements cover
Other source of difficuIty between th5 two com
panics which exist in the future as far as they
ward Inc is perfected so that an immediate change
Of motive power to the underground electrical sys-
Dock line The companies agree TO go together
before the Municipal Assembly and ask for the
hingshridge franchise on sucn terms as shall be
approved by the Board of Estimate and Apportion-
together will apply for the line on the boulevard
from One-hundred- and tWenty-nfth-st to one nun nun
and the Third Avenue
Road extending from One-hundred- and -siXty-sec-
ond-si. to Yonkers along Kingsbrldge Road and
monious occupation of the same territory in such
publis ana the normal development OF the lines
already In the territory Under the new charter
pensaton for the franchises must be such rs Will
be approved by the Board Of Estimate and Appor-
lonment.
Under the city charter there Is to be no
bidding for franchises. under the old charter.
otherwise the agreement between the companies
would be illegal The agreement is intended
remove all possible contentious between tho
two companies. For instance cannot petit
tion for franchise without the consent OF the
other The agreement; does not include a transfer
system between the two companies. On the COM
petion Of the upper Boulevard ana Kingsbridge
lines the Third Avenue Company Will carry a pas
scnger from tho Postoliice TO Yonkers for fve
cents and the Metropolitan Company Will carry a
passenger from the Battery TO One-hundred-and>
sixty-nini1-st. for the same sum.
The Metropolitan Company Will now be permitted
without further obstruction by the Third Avenue
Company to complete the electrical equipment or
its FouTth-ave line through the Bowery to the
Postofilcc. and opposition by the Metropolitan TO
the Third Avenue Companys extension on the
Kingsbridge Road will be withdrawn. These are
the immediate accomplishments most important
10 the companies -, :,
The four tracks In Amsterdam ave. VIII remain
for the reason given that the Metropolitan com
pany is simply lessee Of the Ninth Avenue roao
which holds a franchise In Ans terdarn-ave and
NOT be secured the abandonment Of Its tracks in
that thOroughfare Where the two companies opeI,
ate cars on the tracks q duplex eectrlca
system will be employed in the conduits. The In
tcntion is to equip all the lines OF both companies
with tho underground trolley.