New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1899-04-01

except upon express trains upon whlch fare not
~ arohjso ~ tts issee ICES 70
transfer passengers between such express trains
fare al sN'S''s '''s '''' ''' "''"''' '''''
POSSIBLE CHANCE FOR TAX-DODGING.
new provision which exempts the underground
railroad and its rolling stock from taxation Is SO
broadly worded that hostile critics may charge
that It would exempt any railway which should
secure the underground franchise from taxation
OF its own present railroad The bill says that M
taxes shall be levied on any portion Of any rail-
way "or other railway property used In connection
herewith" Another provision says.
Every corporation formed under this act or
ceying grant OF the right 20 construct and operate
shall have the power 10 lease this railroad any
railroad corporation owning or operating an eX-
isting railroad in said city. approved by said Board
terms and with guarantees for the faithful per
aS.a8t5nco Of o. the franchise approved by said
Board and any agreement for such lease made be-
s8id Board. shall be- deemed to be within the
porate powers OF the parties thereto
There then comes a section which some persons
think would limit the competitors for the great
franchise 20 the surface railways OF New-York CITY
The bin says this point;
The said Board Of Rapid Transit Railroad Com
missioners. after having Determined upon n rou'e or
routes for rapid-transit raiway or ratWays' ari
adopted general plan or CONSTRUCTOR tn'Itpi' ana
after having secured the necessary consents thereto
nd a rar
cations an as provided IN Sections Z. j. and OF
this act may. In behalf and on account OF the
M vote OF six members OF the said Board
grant the righ' and francnlse 10 construct di4
any railroad corporation owning or actually OF
Grating n railroad within the said CITY ana III
or noroughr ,iyyDays shall have been laid out or 20
railway or rall"dy 2 49, b,tsiress cornoro-
Ton having a traric leasing agreement with A
railroad company owning or operating n existing
VIII
sect coincide ar the SANE 0a "a
with any part Of the route OF the sal' Idp'l
railway or railways. - 49, --,-
THE PERPETUAL FRANCHISE CLAUSE.
The n-esent CITY charter limits tho he Of fran
cbises 10 twenty-five years. with q right OF re-
,ovroI for similar period. This act gives the
RAND Transit Commissioners the authority 10
grant n perpetual franchise II says.
The grant the right or franchite 70 cons'r To
v-svs NAV be in perpetuity or for such rrr as m
said Board snail prescribe, ana nay IN sl1' IL
nensafion or rate OF compensation 70 be mao
therefor during the continuance 'n'''O' WI"
without any reacjustment
An ir,nortant now provision has been added pro-
gliding for n modification Of the plans OF the pro
rosod underground road II an Improvement 10 auu
n IT'S efficiency is suggested. This provision Is as
follows:
In case OF any grant under this section OF -s St
Sht 20 construct ana op.ra,r " Ibtcb tbe local
way in any city on route as 10 "h.H MD
ar herites Of the city have consented 10 the oul
Of railroad. SucN local thtii'' 49,
resolution without other or furthtr Ilprr's
waive any condition upon. or consiaetall"n ',ti,h
irg such consent and confirm such consent " 49,.
Inc same effect II the same we're or ls'Da'It
given 10 the building Of SUCH railroad unI' ii ,Ior
10 The Appellate Division 10 obtain the de-rtii
ZION Of commissioners IN lieu or IN" c'u-'n-- W
,rorerfv-0Urers shall %, necessary. any testimony
taken before any former commission apponIe" n5
atrh Appcllate Division may he read before ,itS
commissioners appointed On such appica non VII
he same effect as n originally taken before IN ~
Aft.r determining upon any sucn grant ana Nflulr
Inc acceptance thereof the Board OF Rapid lt"hsls
Pauroad Commissioners may make any chahge ~
tGeir general OF detailed pans which ihey shhii
corsflor snail improve the efficiency OF the pro-
posed road subject. however. 10 such consent ~
sary.
The other amendments 20 the bin appear to be
UnimpOrtant.