New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1905-05-30
EXPECTS QUICK PAYMENT.
DIR. CIRCUIT ON DECISION.
Nearly Al Corporations Haze Set
amount of Ta.reS aside.

The special franchise taxes, amounting TO
more than 26OO0OOO imposed by the State and
local officials under the Ford law. having been
upheld by the United States Supreme Court, 1t
is expected that the corporations will at once
begin paying up their arrears for six years their
aggregate Indebtedness in this city being up
ward of 24,000.0OO.
The decision means that the corporations have
got to pay the taxes imposed under the Ford
law" said Controller circuit yesterday. "Inas-
much as the companies are paying per cent
interest on their unpaid taxes l assume that
they will speedily begin to send their checks to
this Office I apprehend that the companies will
claim rebate of about $20O0OO0 In the aggre-
gate for various reasons, and the chances are
that the courts will allow part of this sum.
There was inequality in the basis of assessing in
the various boroughs in 1900 and 1901 and the
companies will want some concessions on that
score. Another basis for claim for rebate will
be the car license fees and assessments levied
on account of repairs pavements made by
the city All these things will be slow of ad-
justment, but they will not prevent the COM
panies from paying to the city the major
portions of the arrearages."
Closely following the news of the decision came
the rumor that the corporations would try to
get resubmisson of the case on technical
grounds recognized by the State court in an
action brought by a Buffalo street railway COM
pany
The corporations in arrears IN sums exceeding
1000 as follows:
MANHATTAN
american District Telegraph Company. sse51 Il
Broadway and Avenue Railroad Com DOE Gu
s5a5s s s@5 Rsa. Railroad '
csss4a! cro.s9n Railroad conps9y 9 assss 81
Rail
consodated Telegraph and Electrical subway
Company 254,os7 20
co G6m@s9g cs5i. COMPANY z s So g g
eonmsreia cable and Telegraph Company s1si 3
Dry Dock, East Broad~ay and battery RAN
Edison Eisote Illuminating company Dew
EsSS f h9s3as GRS afoaa COMPANY Is g
Railroad Company. ss515 IS
a &sso Street Fa Rs5.d G6%5sa ~ 20
r Ss3fgS Fsas8 Rsoao coPs %
Knickerbocker Telephone and Telegraph Com
H:sss:s Ssss? s,a..s;
IS 7.rs5 ssoss
rad as5Ss Ga: s5 &: IS 81 81
Ntw@York Mai and Newspaper Transporta -
New-YorE and Harlem Railroad Company es4.o24 81
Nev-York and Harlem Railroad city line
SCI ..t'.!e ess e52 sc
East River Gas company Of New-Yorh 49,. 3ss DPS -
/ Equitable Light Company.
New-Englard Telegraph Company .........l
SSs %5s5se a S: I'd T;S 1854 Il
Raiiway Comrany lessee 37s 67s CO
Ranvay Company. Iessee) ......4-..'.. 3rs als %
Standard Gas Light Company New-Yor1 300 $50 80
Third Avenue Railroad Company. ....... 944 $50 46
COMPANY 49, 27a s.
RAILWAY company. ............. ~ ss6 IS
Tubular pIspatch Company. ............... 249l ~
>yentv-third Street Railway Company. 40
T-ngon Railway .-...........
y-rtns FlNctTtc Light and Power Company II -
Western Union Telegraph Company. 40 40 IS
BROOKLYN.
TarookI,n city Railroad Company ...... $1,000 IL
Trookiyn Union Elevated Railroad. ....... 677 OF
RSfiPoad I4soo7 90
ST nsSy ~ .. ..........4.. Of 462 II
Ssseau Electric Railroad Company. %
yI,gs Counv Elevated Railroad Company. 81 80 R6
Is-oeLly, Heights Railroad Company. 1898 81