New-York tribune., 1909-05-27
FOR SUBWAIS HERE
GoVERNOP SIGNS TRAITS
ROBINSON BILL.
Measure Permits Building Of Tun
neEs bg Pr7Uate Capital on In
detprmin0fe Franchises.
fRv Teles-eph 70 The T-ihun. ]

night the Travis Robinson hill. amending tbs rapid
transit law SO IS 70 permit subway buldin1 n
New York by private capital indeterminate
franchises and raising Of funds where desirable ny
assessments on the property 70 be benefited hy the
new transit enterprise.
The provision Of the existing law is preserved by
which contract for construction with public
money may he entered into and contract fer
operation made for twenty wears. with q twenty
yesr renewal prescribed under the klsbers
Amendment
An alternative provision however. is added by
the amendments under the terms of which a co1-
for operation may be made. subject TO tern-
nation by the city arter ten wears On paving for
the equipment cf the road at not more than actual
plus X per cent. ane F the road is con
e7ructes wholly partly ar the contractors own
expense paving also amount not tc exceed suoh
cost plus Is per cent hur this amount - to de-
the term continues, So that - the end ~
the tern nothing Is 70 Re paid eEcert for equip
rnent
The contract NAV be for anv length of tern7. sub
s.e- ~ fne provtson THAT te city purchase at
rnv tf-ne e@--- ten ves--. TIE reEied Of the con
IS made the period IF an1ortza1ioh'
90 that for : comparatively unprohtahle line the
reriod will be longer than for very prohFsos
Ire Provision IS made in case the contract TOR
opsration is with the constructing contractor ana
tbs railroad is built part at the lsrters expense
TIA. in lieu Of rents rroht sharing arrangement
nav be made like manner as already sci loFli
in respect Of z private franchise
II the casa Of construction of 2 road AZ punhc
ernersA new provisions are added 70 the secfon o1
the law which provides for appropriation ny the
Beard % Estimate Of public money or nonds 10 pay
for such construction. under the terms "l "i'igh
money NAV be derived for the construction 81 'ie
mad e.oa assessments levied the property he7e-
+ed in place Of city bonds chsrgeabie against me
Seht limit ss nez required These provisions as
70 CONSTRUCTION ny nneneys derived from asses
rnents on the property benefited are, briefly as
follows:
SUCH a road is declared to he a local improve
inent and the amount 20 be levied and me aiDt ajt
uper which the levy TO he made are afteE Jclnt
hearing before the Board OF Estimate ana Inc ne
,eeston onIv with the approval OF the Board Of
Estimate. and such amounts are tiS4l 80 q =,
re 5i.tTiets so defined After continuation and
~ - I'm % F ana tine ar may he paid annual
instalments. and are To dre" interest Al pei
To obtain money the road in advance Of the
collection Of the assessments ts Of unpaid
isT of such assessments bonds which are chargeable
against the debt limit. or may issue new oedP +
ton % bond described RapiT Transit asSesspent
bonds for the particular road in question. Whien
are no, issued on the faith credit of The clty
~ ar obligation Of the city, but are payane @ @oLIy
0u, 81 the collection Of the assessments as they
are ps9 None m derived from the sale Of such bonds
ana from the assessa~nts as eolectea IS reqq1d g
70 be set aside as rape ggIs ged nniy- 70 the ex-
Tenees ef construction and the retirenent ] OF me
bonds and any excess collected from 'as T, ASssS
Inents over and above what may 3e t necesat Ess =,
f17a q
10 spolied To reduce assessments not due or re-
turned 10 the person entitled 10 the same.
wuliaTn r. Wilcox. cisirman of the Public Ser
VIC Commission letter Last night 70 lheoaofe
P Sbonis presiden; Of tia InerhcrouEl- Me-
on7psnr g Hing attention 20 the fact that GoVeTEor
t,,zhes had signed the Travis RI binsoH bill and
asking tre Inter3,orough submit az once 10 the
earsl-nszicn VIA tsveT plans ii might have IN We"
for extension and development work
WILCOX REVIEWS PROPOSITION.
zrr. Wilcox reviews the proposition made hy the
Jr.erhoreugh ON March 10 last 70 extend The present
suhEey south from TirnaS Square TO the Batlerz ana
-orrh from the Grand Central station 10 The Bronx
=,v tho construction Of rwotrack express subwa%s,
- .4ird track tn Second avenue and Third avenue
elevated lines and Isngthen the station platforms
so the ~ esenf subway, These improvements were
70 east $50 nor. .nhh
Nr w7frcon-s letter thsn gos. on 70 say:
TIE Only one Of these proposals which the com;
mission has had power % ssssp - tne top&IIe & emo emo
finser q The commission vas iRstrlctH9 70 proceed
isngfhening of platforms which had beer undsr
oosisrsen b the COZ cogmLssion os 80 '3ns IN sssn @
ard IeYii gton avenues wss conditioned, aecerding
e egT +ttfI Ypon & tRs M pronssy Gg rS i'm
o. en orsgS , lne Ters1si or seventJ Fve Years
sn IN AZ you doubzlesE have been swsre, he Pub
le Ssryice Commission has had no authoTity 70
srhis - he citv befoTs the expiration ~ ssventv
ftTs year, Chnseouen'lv, 'he seeeetznce Of thls
proposal vas impossible under the law 80 -,
plar 80 ne cegstTction Of .hi-a s 'Tsfk 70
tor perpstual franchise With no reyersiernarZ- rs
rights 70 The city g. any Tine n7g9 n2g9 nsFS neea
ssptss uaaeT II. iaT ev thiz commission
Eiree yeur letter RFitten amendments Le the
ysp.s transit act have been passed ~ tee Legiz
lhsss amendments provide alternative methods for
tte corstrueticr - rapid transit lines ard also
e1sf sssS1 .sI 'aS te5 roa NJ ish 10 ask
-s.ther zeu have formal applications - make
Terch ~ Which The commission has authority -
zceept under the new law We also rlsn 20 M sSE
las
slternatiTe or saditiensi restes. or any plans for
eE,ensions Or nsdie1tons 81 .Tsss 9oaon bs.n @ con
Fidered II oq have any such Propostions Or pans %
1,r6erS rrse ls4 as ~ stsrss re wish 20 urge upon
you thar il he submitted in1nls teIy - ,,u.-,o
si-lon involving the utilization Of the SteinTav
funnel. the commission viii he glad - receive any
with the transportation system ef the city
OTHER LETTERS SENT
Letters we're also cent by the commission to the
Erooklvn Union Elevated Railroad COMPANY. the
X Amsterdam Corporation, the Continuous Transit
Securities Csnnqany, End the Bradley -c'sffneV-
Steers Cornpsnv Informing these companies Thsf
fre commission ready 70 pass proposf-
ton which the2 might care - advance under the
rew The companies are urged 70 lose m
time in lsyiug propositions before the commission
and are assured that prompt action will h- taken
~ that the new law has given the commission
pov-er 70 act.
The letter 70 the Brocklyn Union Elevated Com
7snv reminds President 2 ". Winter that the
-o-n,snx has on several ocessfens referred in com
,,-,i,stions "a the commission ~ intended eEtsn-
sione and additions IT YOU have prop sitions.
.svs the letter for improvements under the new
ssx which the commission can consider al the
same time that it considering expected preposi-
-fions relating 20 Manhattan We Wish mat you
would submit them
Propositions from the Amsterdam Corporation
tor the CONSTRUCTION Of an inter-terminsl belt line,
from the con,inuous TRANSIT Securities Company.