The sun. [volume] (New York [N.Y.]) 1833-1916, 1906-11-20
AMONG The AUTOMOBILISTS.
4. H. PiRDINGTON 70 Manage
MOTOR HIGHW
Much business Transacted NJ \ Meeting or
Directors Prospectus Issued states
That the Road VIII BE Open Next
FaIl-The scheme Of capitalization

Ian-Ine Scneme OF CAPITALIZATION
4 meeting of he directors and i%ncorpOra. ors
of the automobile highway to be built on
Long Island was held Yesterday at the Law
yers' Club. those present being william X.
Vanderbilt. Jr.. August Belmont. Colgate
Hoyt. Ralph Peters. Dave Hennen Morris.
J. Adolph Mollenhauer. G. r. Barney, l.. e.
Weir. n. h. Hollins, Anton G.. IIodenpyl.
A.. r. Pardington. Jefferson DE Mont Thomp-
son, Dean Alvord, =. T. Davis, Jr.. represent
ing the National Association of Aut omobile
manufacturers and f., r.. Thomas OF Buffalo,
representing the Association of Lioenced
Automobile Manufacturers. The most i'm
portant action taken WIS the securing Of
A, r.. Pardington Of Brooklyn as second
vice-president and general manager. Mr.,
PardingtOn has always been the Oh dice of
the directors for the position Of general man
ager OF the enterprise. bnt he was reluctant
to leave the New York and New Jersey T6ie-
phone Company, for which he il at present
contract agent for all of Long Island, having
been wiCh the company for the last ten years,
Mr.. Pardington will divide his lime between
the highway pTojed and the Telephone
Company until all OF his time is required
by the newer work.
The law committee suggested that the
name be changed to the Long Island Motor
Parkway, Inc, substituting the word park
way" for highway" which had been origi-
nally proposed. and the suggestion was
adopted. The board of directors will be in
creased to twenty-six, so that the Automo-
bile Salon, made up exclusively of importers.
may be represented. Two members we're
added TO the finance committee, which is now
made up Of {. 4. Barney. chairman; W. h.
Vanderbilt. Jr., Jefferson De Mont Thomp-
son and Ralph Peters. the chairman ana
Mr.. Peters being the new members, The
finance committee held a meeting after the
regular meeting and appointed the knlcker-
booker Trust Company as depository, where
subscription blanks may be obtained from
to-day on and subscriptions made to the
CAPITAL. Enough money has already been
deposited to more than take care of all OF
the preliminary work and more than s7O0,OOO
has been subscribed in all to date. Offices
for Mr.. PardinGton and his stan have been
engaged on the tenth floor OF the Night and
Day Bank Building. at Fifth avenue and
Forty-fourth street, and will be occupied
within = week.
The prospectus Of the Long Island Motor
Parkway, Ipc, which was issued yesterday,
contains the following information
The Long Island Motor Parkway, Inc.
will be organized and Incorporated for the
purpose OF acquiring on Long Island a right
of way approximately i0 feet wide and so
miles long. beginning at a point near the
city line Of Greater New York, the Parkway
will have us thStfIH ltI lllhu- near u SIOlt
of peconic Bay. suffolk county. on this right
OF way there will be constructed an auto
mobile parkway. properly fenced to protect
users,
1T is proposed TO charge for the Use Of this
mark Way and establish reasonable regula-
tons as to its use,
The revenues from this and other sources
are conservatively estimated to more than
pay all fixed charges. known and estimated.
Tna ~ ~ n ~ fnllnNVgs
"A-Charges on an annual, semi-annual,
quarterly, monthly, weekly, daily and
hourly basis.
"R-Admissions. sale Of seats, parking
spaces, &c. in cOnnectlon with events similar
to the race for the William Il. Vanderbilt,
"~"C1feeting of ears by manufacturer
"D-Match races, economy tests. nonstop
tests. twenty-four hour contests, &c.
THE Long Island Motor Parkway. Inc,
will afford manufacturers, agents, and others
the opportunity they so greatly need Of try
ing out their products under true road con
ditions. where there exist no speed regula7
tions. Buyers OF cars at the present lime find
il difficult 10 so test cars as TO know that
their requirements have been complied with.
This particular feature so appeals to cngi-
neers and designers Of racing and touring
cars a. to have called forth unanimous eX-
pressiOns Of approval and support.
"Of tho twenty-six directors serving on
the board but four have trade ANNA IONS
These four represent the four powerful tradr
organizations which control the manufacture
and Importation OF cars in thlSC country.
Long Island, convenient ~ II u to New
New York city, is daily becoming more ana
more a place of year round residence by
owners OF motor cars, The scenery through
which the motor pa Is 10 pass COM
nriscs level stretches, numerous hills, views
of the Sound and ocean. passing lakes and
many large estates
""fhe Long Island Motor Parkway. Inc.
IL n necessity. The use of the much FREE
uueutsd highways Of the island Ivy met lri-ts
has become irkSom; a. and "AG"nSiH sly l.. cro.,od
above or below grade. These highways,
crossing The island from north 10 south. will
in time undoubtedly be improved aud act
as valuable feeders 10 the Parkway and make
IL convenient for those who desire 10 ride
daily tO and from New YORK..
"CoincidPnt with the conplrt ion Of the
Blackwell island Bridge. the city Of New
York il planning vast improvements to the
boulevard system of Queens borough. Lib
eTal speed ordinances are contemplated
which will make high speed between Man