New-York tribune., 1909-07-01
PUBLIC Nnr1cFs

\ winds and turT.s 10 - frts-sa.st N.-S ssIals
/ trans:erse road urder the Grand Boulsvari
/ road; thence eastsriy on and sIoor 80
/ transverse road again to Kin1sbrfd~,s -os5-
I1SI,cs soHaneriy and sasterly and along
hlngsDrldse road 10 Its intersection TitS
/ Third and Pelham avenues. tbe1c. ~, 80
! along Third avenue sOutherIv to East one
hundred and EiShty-ninth streef. fhsnrs
| southeasterly on and along Fast or. u,,-,
/ dred and Eighty-ninth Street 10 ps.,I-,o-.
avenue: thence nOrtheasteriy on and aIon,
beaumont avenue again to East on. TS,,-
dred and Etghty-uinth street: thence sa.+
erly on and along East One Hundred 49,
tls1isy t FLlntn street 10 Southern boulevard:
SneIce soulneriy on and along Southern
/ boulevard TO East One Hundred and rf1b
ueth street: thence sou.h-asterly on ana
| along East One Hundred and Ef1bfisl5
/ street to Boston road: theE,,e southerIl o1
| and along Boston road 10 East one Hun
| dred ana Seventy seventh street: themes
| East One Hundred and Seventv-ssv.ntr,
/ street to and across the Eastern boulevard
again 10 East One Hundred and Seventy
seventh street; thence easterly on and along
/ East One Hundred and Seventy SEVENTH
street 70 and ending al Locust Point or
/ Long Island Sound
Fourth-C'Ommencinz at West One Hun
| ored and Forty-hfth street, west OF Len0r
avenue. Borough of Manhattan. running
Inence sasterly on and along said West One
hundred and FOrty-hfth street to and over
the One Hundred and Forthwith Street
Bridge over the Harlem River. 20 East one
Hundred and Forty-ntnth street. Borough
OF The Bronx: thence IN an easterly dfrec-
ton on and along said East One Hundred
| ana Forty-ninth street to ST. AIMS avenue:
thence northerly and along ST. AIMS
avenue 20 East One Hundred and Fifty
sixth street: thence easterIy on and along
said East One Hundred and Ftfty-sixth
street 70 Its intersection y sth IeEKett ave
nue. or Craven street. thencs sOuthsrly and
easterly on and along LegSett avenue or
Craven street 20 IT'S intersection with Daz-
son street. thence southeasterIy on and
I along LeSg5tt avenue 70 its intersection
with Randall avenue: thence sastsrly on and
along Randall avenue 70 the Bronx River.
F1fth-COmmenCing at Donzan street
and 1ntervale avenue. Borough OF The
Bronx. running thence easterIy on and
along DonEa1 street TO Southern boulevard
and Hunts Point road thence southeasteriT
or and along Hunts Point road TO Long
2 The fourth subdivision of section of
said ordinance shall be amended TO read an
follows:
The New York CITY Tnte-borough Rail
way Company. its successors or asigus.
shall pay for this franchise to The City OF
New York the following sums of money.
During the first period of this francfis,
sum which shall in no case be less than
fifteen thousand dollars CS1J.O .OoOl and shall
be equal to three per cent of Us gross an
nual receipts. II such percentage shall ex
ceed the sum Of hfteen thousand dollars
(Sl5 OOO).
During the remainder of The original term
Of twenty-five Years - THIS franchise an
annual sum which shall not be iess than
eight thousand five hundred dollars tSS. 500.
and which shall be equal 70 i've per cent %
its gross annual receipts II such percentages
shall exceed the sum of eight thousand i've
hundred dollars IS. 500
In addition n the above, The Company
shall pay for the use OF rhe three bridges
above described. during the first period %
this franchise ending on September 30. 1907.
the annual sum of four thousand dollars
"a 0OOJ for each bridge.
''T,urine the succe, ding period beginning
on September 90. 1ao7. ard ending ten Years
from the date q t-is franchise an annual
sum OF two thousand no hundred and dfty
dollars (s2.250) for sach bridge
During the succeeding five years Of this
franchise an annual sum of Two thousand
i've hundred dollars 50 50Ol for each bridge
During the succeeding I've years ot this
franchise an annual sum of two thousand
seven hundred and fifty dollars tS2.T50 for
each bridge. and
During the remaining Eve years % tais
franchise annual sum u three thousand
dollars $4,000 for each bridge
such sums shall - paid into the Treas-
ury % The city - New York on November
the operation Of any portion o. the railroad.
provided. however. that the first payment
shall only be for that proportion u the
above sums the time % the commence
r,enr of operation OF anv portion ~ Jhs
road. before September -. next preceding.
shall bea- - the whole or one wear The
hs-al year shall end or September 81. next
preceding said date of payment. and the
provisions % the Railroad Law as f. nov
exists or a. 70 may hereafter - amended.
relating 70 t0s manner o. Fai inenfs ana
statements Cf percentages of gross receipts
Of street railway companies shall - strictly
followed The intention y this paragraph
Is % fx a. annual charge 70 - paid by
tire grantee. It's successors or assigns 70 Ths
CITY OF New York s7- the rights and f-a1-
chise hereby Sranted. ara y s1s-- 1--. no. e
construed a ; providing fo- tce payment oy
the grantee. is successors or assigns of a
p~rreltaze % gross receipts within rs
meaning % any general Or special statute.
referring particularly % c1apter so q tns
Laws of 1902 90
3. Section 5 o., saf1 ordinances shall -
amended % Rad as follows
s-Th4 COMPANY shall complete ths cor
srructiou and put IN operation rauTay
UPON the entire length % zach ~ re routes
herelnhefo-e described 01 Or before Narc1
p 1872 othe-yviS@ the Franchise right and
privilege 70 co1s-rU~- s-r7 railway upon -
routes or portions q routes not tren con
str-1ctst and IN ful operation s1al ceass
Sc Th~ grant % thts rrfviIsgs is SUB
tec- 20 the following conditions
Ffrst-Tts company covenants and ages
to abandon and reiinCuisr- and does hereby
abandon and - licq-ish 70 'he city al its
rights and franchises - construct. nan
tain and operate a street surface -aiivsy
over the routes. or portions - routes. d.
srribef n section I q said ordinances ap-
proved ~ t1e Mavo- on March 81. 1917
ana amended by contract bearing date %
June = IaD1. but not described n section !
of said ordinance as amended BY iris con
tract and the company shall within one
wear from the fay@ on which This contract
Is signed b. the Mayor. Comply with rns
provisions of law ir regard % the ahantc1-
rneu- % the routes. or portions Or routes 20
abandoned and reliuquiShsd and 7elnove
therefrorn any and all existing tracks u t's
COMPANY otherwise this contract s1aI %
void and % no effect
S~-out-This contract shall not bec1r1s
effective unless within thirty tSot days
nom the date hereof the Company shall pay
70 the CITY all sums due pursuant % rhs
fourth subdivision Z section % sad
ordinance approved BY the Mayor On AsTca
81 1893. "a hereby amended
r Thfrd-Au the terms and conditions coz
taired IN t-e SAID ordinance approved ~
the MAYOR March 81. 1873. as mocined or
amended ~ contract barring d2te o. JUS
q 1907 excepting those a htc1 are herein
amended or modified, shall remain IN
changed. and shall apply % the routes
hereir. Ges-r- bed IN section / Cf this con
when thsv applied 20 the routes descrtbet
in said ordinance approved March 81. lSOH.
as amended bv said contract bearing date ot
June - 1907 AMI as though the routes
herein described had been specifically DE-
sCrthst in said ordinance
sec & The Company promises. covenants
and agrees on its part and behalf 70 con
form 20 and srite oy 1nt perform al ne
terms conditions and -eCuirernsnts IN t1iS
contract fixed and CoCtalI@-9-
In Witness Whereof The party 81 ths
nrst part By its Mayor. thereunto duiy
authorized BY TIRE Board % Estimate and
Apporttonrrent % said city. has caused trS
corporate name OF said city 20 ~ hereuntO
af-x4d. and the party % the second part.
~ its officers. theTeuutp duly authorized
has caused its corporate name 70 oe here-
unto signed and its corr crate seal 70 oe
hereurtO affixed. the day and yea- n-s-
above written.
ThE CITY OF NEW YORK.
Mayor.
ICorrorate SsaLl
Attest
CITY Clerk