New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1899-04-28
THIRD-AVE. ROAD MAY.BID.
Mr.. LAUTERBACH SAYS HIS COMPANY
Is CONSIDERING THE TUNNEL
QUESTION.
W. n. AMoRY. THE SECRETARY. OUTLINES
THE PROPOSITION WHICH THE COM
PANY MAY SUBMIT TO THE
RAPID TRANSIT BOARD.


PANY MAY SUBMIT TO THE
RAPID TRANSIT BOARD.
It is probable that the Third Avenue Railroad
Company may bid for the rapid transit fran
chse under the ffty-year limitation imposed
by the act which has Just passed the Legislat-
ure. Edward Lauterbach. counsel for and one
of the directors Of the company said yesterday:
The Third Avenue Company viii decide about
making a bid just as soon as the bill becomes
law. We are considering the matter very seri
ously, and will make known attitude just as
soon as the bill passes the Governor and Mayor
Van Wyck"
W. y. Amory who has been secretary OF the
Third Avenue Railroad Company for the last
two months. yesterday outlined as follows his
idea Of the proposition which his company would
probably submit to the Rapid Transit Commits
sion:
/ do not state officially that the following iran;
chise is one which the Third Avenue Company VII
as follows Fifty years lease Of both railroad and
side galleries. with option Of renewal per cent
per cent OF gross receipts annually from both
operation Of railroad and from side gaerd n eve
press with free transfers between and three CEN,
Third Avenue or Manhattan system.
Mr.. Lauterbach said that 1t represented merely
the individual views OF the secretary. He added
that Mr.. Amory had devoted much time to the
study OF the rapid transit situation and that his
views were likely to have not little weight
with the directors Of the Third-ave. company.
although meeting OF the Board had been
called 10 consider the matter
The attention OF Alexander p. Orr. president
OF the Rapid Transit Commission. was directed
yesterday TO the statement Of Mr.. Amory; but
Mr.. Orr. after reading the statement. did not
seem to be enthusiastic over the points set forth
and declined to say whether or not they ap-
peaed TO him favorably. He said that II the
Thrd-ave. road had before the passage Of the
new law. made an offer TO the city which had
been more literally planned than was the Metro
politan proposition. It would have been con-
sdered. AS II was. there was abundant oppor-
tunity for offers, he added. as the new law left
the field open to competition and any company
or person having the necessary capital, being
able to furnish sufficient bonds, could enter the
competition as a bidder for the franchise.
It was reported yesterday that the Manhattan
Railway Company might before long renew It's
negotiations with the Rapid Transit Commission
for certain franchises which the latter failed
10 obtain last spring the fling OF its applica-
understood TO be contingent upon the choice as
Mr. Orr's successor IN the Rapid Transit Board
Of a member not unfrendly TO the Manhattan
company.
Mr. Orr's term as president Of the Chamber Of
Commerce will expire next Thursday and he will
then cease TO be a member Of the Rapid Transit
Commission. as he is a member Of the latter
body ex officio by reason OF his being president
OF the Chamber OF Commerce. Mr.. Orr has been
president OF the Commission since 1894 He
said Yesterday: Il regret exceedingly to sever
my association with the other members OF the
Commission. but l believe the rapid-transit
problem is nearer solution now than II has
ever been before. What Is necessary now Is
for the people make their demand for the
tunnel so strong that the city officials cannot
by any possibility ignore It. With the debt limit
broadened the tunel will then be assured.
IL is believed that Morris X Jesup VIII De MT.
Orr's successor as president OF the ChamDer
OF Commerce. and as Rapid Transit Commits
sioner.
No meeting OF the Rapid Transit Commission
was held yesterday afternoon. Secretary Deia-
field said that the Commission had not received
a copy Of the bill which had passed the Legs
lature amending the Rapid Transit law AS
soon as the full amendments could be placed De-
fore the Commission Mr.. Delafed added a spe-
cial meeting would probably be at once called.