The sun. [volume] (New York [N.Y.]) 1833-1916, 1910-03-12
ESTIMATE BOARD SEES 5000
HR. RG RROJ GINS PROM CES "
TO PROVE GOOD Farm.
ne wants % Lesas CIiS Lana Nhlch the
I.SAG lslAna n. q. d Also After T're-l-
dent NIItchel Thlnks the CsrpSgste
stOek nusiget shsulsl Ile slurried lp.


I4snG lslana n. q. d Also After sre-l-
dent NItchel Thlnks the CsTpsTate
stOek tsuaiget shsulsl Ise slurrien 4 D.
Real money appeared at the Hoard OF
Estimate meeting yesterday. The hoard
deals in millions, hut money ~ never ssen
Yesterday William O.. Burroughs, the
head OF the Long Island Heal Estate Com
p0ny. appeared before the board and
waving i've o. .uOO bills in his hand ex-
claimed that he was willing to deposit
them with the hoard A. evidence of good
faith that his company would nay more for
franchise Il run trolley ears over a strip
of land between AmityN iIle and Ridge
wood than the Long island Railroad ON
pany would pay.
Mr.. Burroughs thought that the board
was about to take up the consideration
Of an exchange OF rights in certain lands
IN Nassau county between the city and the
railroad company. The city owns land
in the county paralleling tho company .
lines for fifteen miles end IN return for tho
use Of this strip the company has offered
10 pay s2JO a year rental and to give TO
the city the right To run its new pipe
lines under any part Of the company's
property
Mir Mayor. sad Nr Burroughs. still
fiuttering the 81 Uoo bllls. Il stand ready
to pay ss.OOO a year for the privilege %
occupy ing that land owned by the city.
and guarantee. 20 l,.iA an electric road
parallel with the tracks % the present
road for the entire distance OF fifteen miles.
guarantees also that the iares will he much
lower than those now charged by the Long
island Railroad
Mr. Burroughs was pacified when the
Mayor informed him that the CITY had NO
intention ~ concs.ding at this time the
rights oF the strip to the company, When
the Mayor added that N he was really
serious IN hts purpose Of applying for a
franchise hs had better make a formal ap-
plicstion Mr.. Burroughs put his money
hack in mss satCh..l and eft the chamber.
On the calendar 1T the boari were ssy
-ral resolutions caiI,ng for the arpropra-
ton of money when these items wera
reached and a move was made To put
them through President Mitchell Of the
Board ~ Aldermen juIrped to MS feet and
said
Soon after we came into ofica We
started. befoTy pending any H. rg. amOu
NJ money. to have corporate stCck
budget prppa r,.d - that w. should 30 m
a position 10 know chs. eVact condition
Of ths ciiv's resources II WIS decided
that this hudge, should 10 Tvady hy the
first % NJ rch hut We are now getting
toward the middle Cf March and not only
IL the budget not ready hat I have been
told that " will take about q couple oT
month. 10 prepsre IL
= think that the only re- son why this
report hes rot been prepared IL that
enough men have not bs.an Dut Ia work on
IL rega ri with fear thee appropria ions
for the reason that they may ultimately
interfere with the rapid trsnsit policy TO
which thus administration - committed
fOrp~ee that unless something ~ done
we will want Ia vote money for m rod tran
ait purposes and will he CunfrunSed with
the situation that private 81 pital will
have TO build the -ubwavs BECAUSE the
city has nos the fInds
thought that Mr. Mitchell! rams rk=
wcrp Rimed ~ him. denissi thsf th-re had
been any undu" delay lie ~ ~ that such
. thing - r stock hl'igr' had never bs~n
prepared before and that "a could not be
compiled without de6i-eration A. g. a
motion made 10y Mr. Mtch..i ca have a
committee OF three appo,ntsd IL help
prepare the budget Mr.. Pr~ndsrgast
sad that b" considered u rRhisel ami
that he was for conservatism
Vt ISN'T rddicaiisn,; IT, inst trying 20
get ktth, sIured or. - retoTts-d Mr. Mitchell
The motion for the appointment Of a
committee was earned end the Mayor
named Mr. Prsnder9Rst Mr. Mitchell and
Borough President McAneny