The sun. [volume] (New York [N.Y.]) 1833-1916, 1903-03-21
FAVORSODELL STEAMBOAT CO.?
INTERESTING QUESTION ABOUT
A CITY PIER LEASE,

A CITY PIER LEASE,
which Dock Commissioner Hawkes. RECON-
mends. Cancelled for One 10 Run
Ysars-Appiicatio waited . meath.
Then Was Favorabiy Csnsidered--oulte
Usual, Says Cemmissioner Hawtea
When the Commissioners Of the Sink
ing Fund meet next Wednesday there
will be laid before them for action .
Recommendation which has been addressed
to them by Dock Commissioner McDougan
Hawkes.. This Recommendation IL pro-
posal to cancel the lease now held on Pier
"a. North River, by the Central Hudson
Steamboat Company, which has almost
six years to run yet, and then mako fresh
lease for five years and nine months from
May next. with the privilege Of two no
newals OF ten years each. For each OF ths
renewals an advance OF 10 per cent. tn the
rent il to DO made. Gov. Odell and his
father are the principal stockholders IN
the Central Hudson Steamboat Company.
II the Commissioners Of the Sinking Fund
see At to carry out Commissioner Hawkes.
recommendation, one Of the finest pieces
Of pier property along the North River
will be turned over to the Central Hudson
Steamboat Company and viii be held abso-
lutely by that company for the next twenty
six years. no matter what changes In Cd
ministration may occur In that time.
Pier ~. North River, Ii 30 choice q ~
Of river-front property that ereat many
people would like to get q chance to bid
for It's use. 1t Ia the policy Of the present
administration, however, while getting
all that 1t can for the city out Of pier rentals.
not to turn a good tenant out without n
opportunity to renew his lease. The usual
advance the city asks In rental runs from
s to 10 per cent. The renewals, whus
mostly for five years. are sometimes for
as long time a. ten years.
In the case Of Pier ~ and the Central
Hudson Steamboat Company. however.
two unusual things are recommended by
Commissioner Hawkes.. Tho cancellation
Of lease nearly six years before its expire
ton. and a new lease for twenty-six years.
Is said to be unprecedented. Ono Of the
principles on which the present reform
administration has made a strong stand
has been the leasing Of pier privileges
The administration has gone on record
as being opposed to the granting Of long
leases to private individuals or companies.
The fact that Commissioner Hawkes.
had recommended such a course In the
case Of the Central Hudson Steamboat
Company only became known yesterday
when Deputy Comptroller N, Taylor
Phillips, who is secretary to the Commits
sioners Of the Sinking Fund. made public
the letter Of Commissioner Hawkes..
The Commissioner letter set people won
dering why the Central Hudson Steamboat
Company should ask and get such Jesse
Prstty soon Il vas Uncovered that o. pse.
iast Bsuiemin b. Odell o. Nswburgh. fashss
Of the Oovsrnor Of the State, was elected
president Of the Central Hudson Steamboat
COMPANY. and that Gov. Odell himself 10
treasurer OF the company and q member
OF its board Of directors.
Furthermore, although the application
Of the Central Hudson Steamboat Company
for the cancellation Of its lease and the Issue
Of a new one on the terms now recon-.
meuded was made as long ago as Feb. :.
nothing was done In the matter until March
II, q week ago to-day, when Commissions
Hawkes. sent his letter to the Commissioners
On March Is, which was the day before
Mr. Hawkes. sent his letter TO Mr.. Phillipe,
Gov. Odell came to town. IL was asserted
yesterday that the Governor went TO Pier A.
where Commissioner Hawkes. has his ofiice,
and had q long talk with the Commissioners.
Afterward the Governor and Commissioner
Hawkes. went to the lawyer Club. In the
Equitable Building. where they had luncheon
Then Mr.. Hawkes. went back to Pier A
and the Governor went back to Albany.
The next morning the application Of the
Central Hudson Steamboat was favor
ably considered and the Sinking FUND
was recommended by letter TO grant al
that the steamboat company asked.
pany is made up Of the New YORK and New
burgh. the New York and Poughkeepsss.
tho New York and Kingston and the New
burgh and Albany steamboat companies:
There have been rumorr recentiy that
passenger lines on the Hudson River.
among others the Hudson River Day lana.
Gov Odell and his father are reported 20
own more than 80 pc oen'. ~ the stock Al
the Central Hudson Steamboat Company.
Us .ass . block Of us share. Of he AarY
Powell Steamboat Company. which ha1
,hsn already been sbsorbed by the hudsoa
kiver company.
There i bsroc composition Tor ps.r nshss
on the North hy.r. and sca,cay seS a
90 ~, ,s-y.ar lssss on almost any
tersns Tho idns tfst anybody could -
such . long lsss- undT the sdfpkntssfefloa
ives not LslIesed po.sibk unfh Gonmio.
slon.f HAWKS seni hs r~eomnendefios
10 ths osss "a thu Commissioners " Tbs
finkins fund
Tbs only haIne sp,,eArins an the orsinsl
stt,llastian 70 Commissioner Hsssss ~
tho oen,ssl hsd~sh s.ssni,ssi Company
!. ' *, T. s,s. s.'' tss I a .s :, K. :- So
ass' dos 20 .ptssi 40 Tho sgsa'ss.ses:
"a ths oasalaay Ia ~ Gsms stssl,
esslss No s.ts fs do s~y ,liaSs vl,lA
" hs.kss go. s.sSsss,ssds lhsi ~
.,,,s ta Pc t a., ~. . .s.... =, : ....
I.si,y lslssds IA ss~'s . sis.d esss . ss<ses
ss,aasAas s.-as a. ~ tssss,, sss As>~st
ss,si " ~ ~ si~ ssl-ss-s~ snAs~ n = 800
hssksss sac, q ~ saslas s.sS
'"'.'-'. go! I; - ifil:E |
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