New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1908-10-17
CON NERS'S SHARE
Continued from first page

ties Company 1t was through those amend
ments that all the authority which the corpora
ton now possesses to generate, transmit and
utilize electric current or power granted
Yet there is no evidence that the bill was ever
printed in its final form. The amendments as
proposed adopted without rollcaI and the
! bill passed by an affirmative vote of 10. no one
being recorded in the negative. OF those voting
for the bill eleven were Democrats and seven
Republicans
The bill was then rushed over to the Assem-
bly,, where all legislation was at that time IN
control Of the Committee on Rules This COM
| mittee acted without delay, and, though the bill
had been amended and passed the Senate late
on the night of Tuesday, April Is, it was an
nounced by the Speaker of the Assembly on
Thursday April 90 as being the special order
of the day at five minutes after 10 o'clock in
the morning It was passed by a vote of 81 to
g. OF those voting in the affirmative thirty
eight were Democrats and twenty-nine were Re
publicans The bill then sent back to the
Senate with the usual message, and two days
later it was approved by Governor Flower with
out any hearing or any notice to the public that
such a bill had ever been passed by the Legis-
lature.
UPHELD BY THE SUPREME COURT.
The charge has been made by the city of Buffalo
that Economic
pany has forfeited its charter by non-user but
this claim was not upheld by the Supreme Court
It was also alleged that the charter and franchise
unconstitutional. This question was also de-
cided in favor of the company in the Supreme
Court The case has been carried up 10 the Court
of Appeals where it is pending. There were
numerous transfers OF the stock of the company
from one to another until finally fell into the
hands of the Powers Securities Company Some
things have been done in exercising the rights
granted by the act OF Incorporation For exam
pie in the spring of 1893 the company constructed
a pneumatic plant consisting OF PROFESSORS and
tubes the city of Albany. the lines of tubes be-
ing and one-haf miles in length
In the same year the company constructed
large streetcar to be propelled by compressed air
at cost of nearly 5000, and conducted series
of experiments for this over period of about
six years An electric generator was purchased
and operated the boiler in the machine
shop of George H Thatcher & Co. in Thatcher
street Albany and the current generator was
transmitted over wires set of thirteen poles
erected by the company for distance of about
eight hundred feet along Thatcher street
Broadway, and delivered at the end of the line for
lighting a building This current also lighted the
offices of George H. Thscher e. Co This electric
plant has been in continuous operation for five
years. ard the company is now receiving monthly
income from It.
Yet 1t appears that all except fifteen shares of
the stock of the Economic Power and Construction
Company were issued for patents and all the
money received from sale Of stock was 81 500
from those other fifteen shares. The Economic
Power and Construction Company. before stated.
has received practically all its funds from New
York Power Securities Company. This latter corpora
ton has advanced $705G9 81 in part for mortgage
of S250000 all the property and franchises of the
Economic Power and Construction Company. There
is something peculiar about this mortgage Unlike
an ordinary mortgage, it not issued as security
for any bonds. A possible explanation to this is
that by such means the company escaped the
cessity Of submitting the mortgage for approval to
the State Commission on Gas and Electricity. which
was in power in November, 1906 when the mort
gage issued.
CONTRACT MADE FOR PLANTS.
A contract has been made with one Hyde for the
construction of plants to be used partly as electric
lighting plants In the boroughs Of Manhattan and
Brooklyn. and the cities of Buffalo Schenectady
Syracuse Yonkers. Albany. Utica Troy and
Rochester.
The first attempt actually to install such plant
was made in Buffalo, and was stopped bv the
police No operations will be attempted IN snv -,
the other cities until the Court Appeals has rem
dered a final decision as to whether the Fu1a1o
authorities justified
Inc economic Power Company courteorsIv hut
without any by your leave informed the Common
council and the Commissioner Of Public Works ~
Buffalo that 1t intended to open certain streets for
the purpose Of laying steam mains and electric |
conduits- The Common Council adopted a resolu-
t1on instructing the Commissioner Of Public Works
anu 'He superintendent or Police to
company and its employees from digging I'D or IN |
any manner interfering with the streets Of the |
city or laying any steam mains power conduits or |
other lines, pipes conduts Of any kind IN such
streets or any of them. The Corporation Counsel |
was directed to defend the city and the city clerk
was directed to inform the Public Service Com
mission for the ID District of the city's objection
on the ground that the company has not applied /
to the commission for authority. under Section IS
of the railroad law.
The company then served notice on the CITY ALL |
thor1ties that at a. October 81 1907 II |
would begin opening of the best residential |
districts of Buffalo, and there an outburst of
protest from citizens. The police were on hand
and prevented the company from opening the
street
The company then went to the Supreme Court
for an Injunction restraining the city from further
interference, and secured it on the ground that
unlike every other corporation the state it Is
not required TO secure the usual permission from
state or municipal authorities The efforts of the
city to have this injunction dissolved failed in the
Supreme Court, and appeal has -een taken to
the Court OF Appeals
One interesting fact brought out in the hearings |
before the Public Service Commission is that the