New-York tribune., 1902-05-24
BROOKLYN CONTRACT IN.
CIRCUIT IN MINORITY REPORT URGES
MAXIMUM FARE OF THREE
CENTS FOR EXTENSION.

The Rapid Transit Commissioners held spe-
ciaI meeting yesterday morning. TO pass the
tentative draft OF the contract for the extension
Of the rapid transit system to Brooklyn The
contract was prepared by a subcommittee con-
sIsting OF Controller Grout, Charles Stewart
Smith and Alexander z. Orr. with the advice Of
Edwin NJ. Shepard. A. B. Boardman and Will
lam Barclay Parsons.
The contract was offered by the majority of
the committee, Messrs. Smith and Orr. A mi
nority report was submitted by Controller Grout.
A public hearing on the contract will be heard
June 8.
The proposed contract imposes two chief OBJ
legations the contractor the construction of
the road within two years. and the operation Of
IL under fifty year lease, with the right of re-
newal for twenty-five years. 1t requires the
bidder 10 state what he will be able 10 furnish
in the way of connections with without change
of cars at single fare. and the rates at which
transfers will be issued to other lines. 1t fixes
five cents as the maximum fare The bidder
also has the option, as an element in the COM
petition, TO offer or not TO offer. TO subject him
self to future operating agreements with other
railroads
The contractor is to deposit 81 10000 in cash
or securities to guarantee the building and
equipment of the railroad, and give bond or
security in the sum Of 81 100000 for the term of
the lease 10 guarantee the faithful operation OF
the road under the terms of the contract and
the payment of the rental
The bonds of the sub-contractors also TO
be deposited with the commission. ami after the
construction of the road the city Will be secured
by first lien on the railroad as well as by the
81 ,000 900 bond An allowance of 81, ,OUU.OOO or
81 800 900 for terminals and real estate is TO be
made by the board, and If the cost exceeds
81, 100000 the contractor is to bear the addi-
tional amount. Work is TO be begun within
sixty days from the signing Of the contract.
The rental be paid is to be the amount OF
the interest the bonds issued for the con-
struction and equipment of the road, and an ad-
ditional sum of not less than per cent on the
amount Of the bonds.
There will be no distinction between local and
express trains, and all TO be at mini
mum speed OF fourteen miles an hour. Night
service is TO be compulsory.
No advertisements are, without the special
permission of the board to be allowed at sta
tions except where necessary for operating pur-
poses.
The eight hour provisions for labor are TO be
regarded, and the labor law, SO far as is consti-
tutional IS TO be obeyed. Controller Crout in
his minority report asks that the phrase 80
far as constitutional be stricken out. He wishes
the maximum fare on the extension to be placed
at three cents. He also wants the allowance
of 81 10000 for terminals stricken out, so that
the bidders may make their price on the whole
job.
a proposal was read from wiIljair G. Nc
Adoo president of the NeW-York aud -Sew-Jer-
sey Railroad Company desiring franchise for
the extension of its tunnel iu West-st. II was
arranged that the committee in charge OF the
proposed franchise for the Pennsylvania Rail-
road should meet President a. ]. Cassatt on
Tuesday.