New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1899-02-23
NEW RAPID TRANSIT BILL.
TT PROVIDES FOR EMPLOYMENT OF
PRIVATE CAPITAL.
CRY HOWEVER MAY STILL DO THE
WORK. If EASIBLE-FEATURES
OF THE SCHEME.

Albany Feb 90 (SpecaD. The bill Of the
New-York city Rapid Transit Commissioners
amending the Rapid Transit act so as to per-
NIT Of the construction and operation OF the
proposed great underground railway by private
candtal was introduced to-day by senator
stranahan and Assemblyman Mazet 1t WILL
of course. be recognized as a great departure
from the former policy OF having the city itsell
build the road and lease II for certain PERIOD
There promises to be an interesting conflict
over It. as Senator Grady representing lam
many Hall. has already presented rival DILL
which simply authorizes the RAPID TRANSIT
Commissioners to sell the franchise ior con
structng and operating such railway pu'
gives into Tammany's hands the supervision
Of the building of the road
THREE WAYS PROVIDED.
The most important modification OF the eNls'-
ing RAND Transit law is found in the following
paragraph:
Tho said Board (of Rapid Transit Conmis-
soners) shall with due diligence f.
said railway railways, or cause the sun, I,,y
Ia constructed. in one Of the three following
methods. that is to say, either o, -. .hts
First by the city as In Secllo nh s "b u deem
construction bv the city to be impracticape' 1oT
any reason which. in the opinion OF tne a.. To-
Board. shall be sufficient. then' III us "'7
second nv a contract with any railroad con- o',,-
many then owning or actually operating I"
road within the city. such contidct "a o,Iroad
between the said Board ana the 90 S"l ~ oct.
comnanv as prescribed in Section 81 OF this at
Third by n grant tn a railroad c0tnpa s S,,hin
owning or actually operating a Talroau ',nder
tho civ or a corporation to he toiHtu INV u'l 80
tho provisions Of this act. Of the frahciilS.. 80
construct and operate the raii'oau o.
section hereinafter proNlueu. 49, oreration
1rer, consent 10 the construction or opeIo.,o
Of any such railway or TO us rVutTS 80 been
nlan Of construction which shal nav 80,
30 30, ~, onv municipal authority or ny az
SSerson or bv the Appellate DIVISION Oh 49,. ~
nrenoe Court or by any ConnlssSiion. e. oi,ber
nnnointed shall be deemed suIiclehl L.. ~ och
- TIC said methods. whether NJ the 'lIis :, -
oarsa,+ ehaI1 have been given. such meth"u III
any other method OF construction sl'iIi ia,od II
no, have been prescribed or cohteinP,iae 1,ho "a
~ eaid Board shall approve such thliu - 49,
~. ~ :, hall make and deliver in behalt OF ths
ctv for which II acts. and Tor tne 49, ri,,i-
henodt NJ such city, grant of the risn,; a,d
logo and franchise to construct. hld''''
operate such railway or railways
roRFEITUREs PROVIDED.
,. oooo q, failure 10 fulfil contracts the bill
provides
Tho road so far as completed together VIZ!
all OF the appurtenances anu W. 90 tools
thereof and all machines. apparatus anu t.t 80 =.
ei,uoted unon or used in connection Win -;
shall be and become the property oI . VIZ III
civ free and discharged or any CIV eiS' ,bo
RIGHT Of possession or claim Wha'soe'si VI ~"
'Frt~octor and the Board may in us dlscIetloH
- ,,,or advertisement in like manner as pro
,,idnd for the making Of the orlglhal con- -
onfer into \ further contract with another III III
tractor or contractors Tor the coInpslorr ,niated
construction OF the road so tar as unooiHP'
for he operatiOn OF the ROAD