New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1905-12-16
PORT CHESTER APPROVED.
ESTIMATE BOARD ACTS.
application Taken Up-Francllise
Not Granted, Says Opponent.

The Board of Estimate and Apportionn1ent yes
terday practically approved the application of the
New-York and Port Chester Railroad Company for
a franchise to operate in The Bronx. There are
fortytwo sections IN the list Of terms demanded by
the bureau of franchises, and agreed to by w. G.
GotshalI. president of the railroad company and
D. Cady Herrick its counsel
The franchise is to be granted for twenty-five
years, with the privilege to the company of another
such terms revaluaton- The price for
the first five years is fixed at $500, for the
second dve $4,000, and for the last fifteen years
$4,000 a year. In addition to this the company
must pay 410 cents for each linear foot of track
year for the first FIVE years. for the second five
and 20 for the last fifteen years. Work to the
amount of 81, 900 must be completed within five
years from the date of the execution of the con-
tract awarding the franchise, and bond for the
carrying on. Of the provision IN 100000 must be
deposited in the Controllers Office,
The company is estopped from selling or mort
gaging its property to any person or corporation
owning controlling street railroad in the city
Of New-York There to be grade crossings
and all yiaducts and approaches are TO be con-
structed at the companys expense. The city is to
be guaranteed from all damage by reason of the
construction and operation of the road. Not less
than sixty trains daily in each direction are to be
operated, subject to a penalty of $50 for each
train less than that number. The road is to be
four tracked to 177thst. and double tracked to the
Harlem River. The city reserves the right to open
streets at the ccmpanys expense whenever 1t shall
be decided to make any changes in the city map
The action of the Board of Estimate is the Gull
nination of more than three years fighting on the
part OF W. c. Gotshall and his associates HIS
application for opportunity to build and con-
struct the road held UP for more than two
years In the Board of Aldermen. after the char
ter, etc. was granted by the various towns and
villages along the line.
A representative of the Westchester company,
which has been fighting the Port Chester company.
last evening made the following statement:
No franchise has been granted to the New-York
and Port Chester Railroad. Fridays action or the
Board of Estimate the franchise application OF
merely TO this: That the city and the railroad
have come to an agreement to the terms or a
contract. These terms now to be pubhsheo
for twenty days, and January 26 has been set as
the date on which, after such publication, the
board will again consider the Company's appIca-
ton. Aside from the legal requirement that the
terms of the proposed contract between the rail-
road and the city be published for twenty days
the Court of Appeals has yet to decide on the con
stitutionality of the law taking away from the
Board of Aldermen the right 10 grant iran chlses
and comforting this right on the Board or Estl-
mate and Apportionment. The latter BODY could
not therefore, have granted to the Port chester
company franchise even if IT had been disposed
to do
The announcement made in some newspapers
that the franchise had been granted to the Fort
Chester company was decidedly premature. 1t Is
the third or fourth such announcement that has
been made, and like It's predecessors, is extremely
misleading as to the actual status Of the Port
Chester company.