New-York tribune., 1902-06-13
CONTRACT TO RUN 35 YEARS
LAST TOUCHES TO AGREEMENT FOR
| BROOKLYN EXTENSION.
SOON TO BE ADvERTISED-NEARLf HALF
OF THE INTERBoRoUGH COMPANfS
STOCK SUBSCRIBED.

At the meeting of the Rapid Transit Commits
sion yesterday, on Mayor Lows motion the h1e OF
the BROOKLYN extension franchise was made thlrty-
five years, with the privilege on the part OF the
commission to grant an extension or twenty-five
years on readjustable terms
On the motion of John Clafn it was declared 10
be the sense of the board that the ducts, Whlch
practically constitute the side walls of the tunnel
are part the construction work of the tunnel ana
are not to be regarded part of the equip
ment Controller Grout contended that they snouio
be considered part of the equipment AFTER d
spirited discussion. in which it was said by MT
Shepard counsel TO the commission, that the
subject would ultimately before the courts
for decision Mr. Clafin's motion prevailed. The
practical result of this action, 1t is said, Will De
that the city. and not the contractor, Will pay
for the ducts the total cost Of which is estimated
at 81 10000
1t was decided that the contractor for the Brook
yn extension must per cent of his earnings II
they amount TO per cent on his contract Tor the
first five years and one-half of 1 per cent Tor the
second five years if they do not amount to o per
cent Nothing is to be paid the first five years IL
the earnings do not amount to 8 per cent
John B. Mcdonald gave it his opinion that 1t
would take four years to build the Brooklyn ex-
tension. On motion of Mr.. Low IT was decided 10
give the contractor bonus of / per cent a moh'h
if he finishes the Brooklyn extension in less than
three years and impose a penalty of per cent a
month for all the time beyond four years USED oy
the contractor.
Commissioner Woodbury. Langdon at p. NJ SOFT
y stepped out of the board room with the lnteh-
tion of making a dash to catch his train Tor out
of town. Mayor Low discovered him III the act
of going and sent a messenger with request that
he return.
81 trust you won't think me unreasonable MI
Langdon" said the Mavor but had to drop
number of important matters in order to attend
this meeting and think that we all ought to make
some sacrifices" Whereupon several members
winked at Mr.. Langdon, who looked a good deal
crestfallen.
William McCarroll. president of the Manufactur-
ers' Association of New York spoke in favor or the
extension of the tunnel to Brooklyn. and said 1t
made no difference to him who built the tunnel SO
long the citizens of Brooklyn got RAPID TahsiC t
that would bring them from the outlying diSutctS
of Brooklyn to the business section of Manhattan
August Belmont sought to show to the board
that there would not be much profit to the con-
a isagreeabe feature of the BROOKLYN contract
M Mcdonald said was that It It TeauGea ye nd to
keep the openings in the street bridged, WI, whlc3 en-
meant loss Of time and a corresponding loss OF
G. ", Wickersham. counse: for Mr. Belmont Gel Ton;
B. Mcdonald and the Rapid Transit subway Con-
fb yRapd 2i e Transt company You
knew" said Mr.. Wickersham. when Mr. McDonaId
be formed with sufficient capital to carry the
enterprise. and that corporation is now organized
az NJ TIen srati H nder his assignment
Er NcnonaId vii eontinue as the builder and con
tractor of the subway"
The form of the assignment was then turned
over TO Edward NJ. shepard of counsel for the
commission. The new company has capital OF
So 900. 900 $11 410. coo of which is subscribed.
The liability for damages under the Brooklyn
contract is thrown entirely the general con-
tractor. and part of it will be on the sub-con-
tractors.
Ii decided that the Eight Hour law should
be observed in building the extension.
The Mayor wanted to know II the city would
have the authority regulate the hours or running
trains in the tunnel. the speed, etc. He was as
the power OF reGula ting the operation OF
the road rested with the commission. MIR. Shepard
told the Mayor that the commission mad the power
to bring action against the operators for specihc
performance and to compel a skilful and successful
operation of the road when completed.
The contract with the corrections made viii at
once be sent the Corporation Counsel for his ap-
proval after which 1t will be advertised for three
weeks.
President Orr announced that the commission had
arrived at a conclusion regarding the Pennsylvania
Railroad tunnel. and that il would be announced
at a special meeting Monday at noon