New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1899-01-17
FLYNN STANDS IN THE WAL
CHANGE IN CONSOLIDATION PLANS MAJ
HAVE TO BE WADE

pprSrnrvr ROssfTER DENIES THE STORY TINT
THE COMFY ISLAND FARE Is TO BE INCREASED
Division OF PROFITS BETWEEN
THE COMPANIES POSSIBLE
The hrmness OF Patrick II. Flynn IL leading
the Flower syndicate to believe that II would
he futile at present to attempt to merge the
Rapid Transit and the Nassau conn fnies INTO
one concern. The new managers or the TWO
systems II Is said. now AT Work upon
plan to lease the Nassau TO the Rapid TRANSIT
which will have the same effect as consolidation
except that II will make the finances little more
difficult 20 handle
At present representatives OF the Two COM
panles are furnishing and gathering data upon
which 10 base a lease This lease II Is SAID
will be for Il long term Of years ana the earh-
ings will he divided between the stockholders OF
the two companies. according to ratio reacheu
by com larirg the earnings for several years
mast Great care will be taken in estimating
the percentage each should receive so as not
to give Flynn a chance for suit
President Rossiter o. ,he Rapid Transit Com
many nut al rest yesterday the disqueung
rumors that az a result OF the consolidation the
Fare 70 Conev Island would be Increased TO ~
cents
such an Increase" Mr.. Rossiter Is quoted as
saving has never been considered by any Of
fetal OF either company, and the rate VIII re-
main the same es heretofore. II we had de-
sired TO Increase the fare we could have done
90 last summer. as the Transit company was
certainly strong enough 10 raise the rate al mat
time our policy is in favor Of a fve-cent fare.
and no change in the rate IL contemplated.
II is said that the combined companies will
! hatr ri
This would be a clear gain TO the people as the
result Of the consolidation. The use Of Atlantic
ave. might enable the Heights company to re-
ueve the overcrowded condition of Fulton-st..
which has been complained Of for so long on
the other hand people who live on the Firth
and Seventh ave lines are hoping that some
Of their cars will take the short cut up Fulton
st and Flatbush-ave Additional transfers. it
! is said will be somewhat counterbalanced by
| the reduction in the number OF cars at early
| morning hours These are already so infre-
ouant that there is protest from night work.
| ers. rr.,.
| charles D. Meneely, auditor OF the Heights
4 COMPANY and the new treasurer OF the Nassau
! company entered on his duties at the Nassau
/ Headquarters yesterday. He VIII be ready IN 4
| few days to present a statement or nhahces 10
! the Nassau directors. .
was looked out for yesterday at the meeting
| OF the directors Of the Nassau company by
Frederick c. Cocheu. Af-er the heelihs vi
| Cocheu was taken ILL., and went home. There
! Was a rumor that something at the meeting
| had not agreed with him. but II was arterW ara
| learned that his trouble came from eating ~ !,
| hor,a crown cucurr hers with milk. II was said
| that nothing ~ importance was done az the
| meeting. -. .oors,,t
Employees Of the Nassau company are leeiI u -.
! that they will be compelled 70 furnish DohQ ID
irsura faithful performance Of duty. as Is tur-
! nished by the Heights employees.