New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1904-07-27
THE WESTCHESTERGETSlT
4 FRANCHISE rs Voted.
Ballot of Aldermen, Sc to S-Com-
mann to Haze $50, 900 900 Capital.


The aldermen yesterday granted the franchise of
the New-Yors Westchester and Boston Railroad
by vote of s. to giving it permission TO go under
and over certain streets in The Bronx. Borough
President Haffen of The Bronx finally voted for the
ordinance under protest long debate preceded
the ballot. in which Alderman Goodman made the
principal attack on the Westchester road lie
found himself deserted by most OF The Bronx
aldermen the last moment.
The stockholders of the company held meeting
yesterday and voted 70 increase the capital stock
of the corporation from So0O00O (ts present gUre)
to S2O00O00O An issue Of Sl5.eO00OO first mortgage
per gold bonds has been authorized. and
syndicate organized by Dick & Robinson bankere
has already arranged to furnish s1S.50oO0o toward
this issue. which will be Immediately available
Dick & Robinson afterward gave out statement
outlining the plans of the company
Immediately after the Committee Railroads
reported favorably the application. Alderman
Goodman who has persistently champtoned the
Port Chester company began his attack the
Westchester company. Mr. Goodman argued that
the aldermen should take action until the
Corporation Counsel had given opinion to
the validity OF the general franchise of the West
chester company He declared The Bronx stood
as unit in favor of the Port Chester company,
and against the Westchester company
After repeating all the arguments advanced
against the Westchester company and for the Port
Chester in the years fight. he quoted a decision Of
Chief Judge Parker of the Court of Appeals which
he said, showed that railroad could lay tracks
laws of 1870.
Two enabling acts have been passed since then
put In Alderman Sullivan
II understand these acts have been declared
constitutional replied MIR. Goodman.
Alderman Mccall expressed the belief that the
opposition to tho Westchester application was not
genuine He believed there IN The Bronx
for both the westchester the Port Chester sys-
TENS, and said he would vote for both
Alderman Morris. of The Bronx agreed with Mr..
Mccall and contradicted Mr.. Goodman's state
ment that The Bronx was opposed to the Westches-
ter scheme. He declared The Bronx wanted both
roads. Aldermen Shiel. Harnischfeger. Dougherty
and other representatives of The Bronx spoke in
like vein.
Mr.. Goodman got the floor again. and prophesied
that the Westminster company would be stopped by
litigation before it had time to drive pick. and
that it could give no rapid transit to The Bronx
til 1t had stood the test OF the Court of Appeals
THE Corporation Counsel" Alderman Meyers
said, made one OF the most remarkable lodges on
record when we asked opinion the question
He quoted a section OF the charter which had Moth
ing to do with the matter as an excuse for not
writing opinion. Until we have heard from him
that the company has legal existence. 1 shall not
vote for the franchise. Let the Sullivan Republic
do they choose
Alderman Sullivan Jumped to his feet Mr..
Meyers sat down
Il am surprised at Alderman Meyers" he said.
when promised IN January last to help his boss
get a Job under the Tammany administration he
promised to be good. There are a lot of good Re
pubcans in this board, ana I shall be glad
10 help them when can. but the last adninistra-
ton did not think Mr. Meyers good enough to give
him the place OF City Magistrate for which he was
a candidate. I think Mr.. Meyers would be
successful If he voted with the other so-called
Sullivan Republicans "
Mr.. Downing made long speech denying that
o was a Sullivan Republican. much to the amuse-
ment of the galleries. He demanded that Alderman
Meyers apologize for his expression Alderman
Meyers made humorous apology and Mr. Downing
declared himself satisfied.
Mr.. Meyers's leader is Tax Commissioner stras-
bourger. who was allowed by Mayor Mcclellan to
retain his Office a hold over.
Those voting No the motion were Davies
Goodman. Meyers. Cfrifenhagen. James. oden. Rob
inson and Sturges.
Several title guarantee companies are still pro-
testing against the Westchester ordinance. In
letter to the Mayor OF these companies says in
part:
the corporate existence OF the company and the
their project should first Be Carefully inquired
into. for the reason that cloud Will be placed
map o. the proposed railroad; this map the com
pany is required BY law to nis We would issue no
0T h t s sSd an e =, into cur fey
this railroad.
The statement made by Dick & Robinson says in
part:
The contractor who will build the road is James
P Mcdonald He has had Ian, an experience OF twenty
having built large number OF steam railways in
He viii put 1880 men and ali the necessary plant
70 work on the New-York. WestcheSter and Boston
tanned. His contract calls for completion OF the
The president Of the company is William L. Bull
formerly president OF the New-York Stock Ex-
6olss or Edward sweet CO. In "a addition To the
New-York syndicate financial interests in England
tention OF the financial interests behind the West