New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1913-10-28
plJBLlC NOTICE.
NOTICE
no.nn ~, CLIMATE AND ABORTION
DOAND - N1rTY OF NEW YORK

BOARD OF EsTlMAd1EI, AND AP d1T
pIrpIiC NOTICE is HEREBY GIVEN
| rIJST o., a meeting OF the Board Of Estimate
| nd arnor,io nment held this day the following
| resolutions were adopted; e,-.
| Trsc,ion Company has, under date Of July l.,
| fof3 made application 10 this Board for
| modification Of me 'J LIE, ana conuI,Iohs %
80, 1000 and April IA. 1903, granting said
| cnrnnonv a franchise for the construction,
n'aintensnce and operation OF street surface
railway upon ana al1ns certain suee,s dn "a
avenues in the Ihlu warn Vi the bo4oueh VI
VT W5aTss a,'u sections 70. 70 and "A OF the
| Greater New York Charter amended by
| C,bapters 500 and G30 Of the Laws OF 1908.
| nrotide Tor the manner and procedure OF max
| ing such grants ana - .xt
Board adopted or nuc bS on 1Sy thereon
| sentembcr Is. 1919, at which citizens were en-
| tjtisd 10 appear and be heard and on that day
| was continued 10 September %. 1913 and pub
| lication was had for at least two (2) days in
| 'aTbe sun" and New York Press" news
| paJers designated by the Mayor, and IN me
| civ Record for ten 40 days Immediately
beori,g was duly held on such day: and
| Whereas This Board has made inquiry as TO
| the proposed notifications and amendments OF
said contracts OF FEBRUARY ], lSOe' ana Apr'
| IA 1900: now. therefore. II Is
| Resolved That the following form Of resolu-
ton for the consent or right applied for by me
New York and North shore Traction company
containing the form Of proposed contract for
The grant OF such right, be hereby introduced
| and entered in the minutes OF this Board as
| follows, to wit:
! AnportIoument hereby consents to certain
notifications in the terms and conditions OF
the said contracts OF February ], 1909, ana
| ApriI a. 1909. such modified terms and con-
ditions being fully set forth and described
in the following form OF proposed contract
for the grant thereof embodying such terms
| and conditions as modify alter said con
tracts OF FEBRUARY l. 1909 and April II. 1903.
! which said contracts otherwise remain IN
changed TO all the other terms and con
! dtions expressed theIpin, and that the Mayor
OF The CITY OF New York be and he hereby
is authorized TO execute and deliver smch
contract in the name and on behalf OF The
CITY Of New York, as follows. TO wit
PROPOSED FORM or CONTRACT.
THIS CONTRACT, made and executed IN IN
duplicate this day VI 1913 by
and between The city Of New York therein-
/ after called the City. party OF the first part,
| by the Mayor OF said City. acting for ana IN
| the rame II said City. under and in pursuance
OF the authority Of the Board OF Estimate and
Aprortionment OF said City Hereinafter called
the Board. and The New York and North
shore Traction Company hereinafter cdled
the Company, party OF the second part. VII
nesseth:
Whereas By a contract dated February !.
1909. the Company was authorized to con
struct maintain and operate street surface
railway from the former village oil fiushlhg'
Borough Of Queens 70 the boundary line be
tween The City OF New York and the COUNTY
OF Nassau: and 81,
Whereas. BY second contract dated April
H. 1903 the Company was authorized to con
struct maintain and operate street surface
railway from the former Village Of Flushing
TO the former Village OF Whitestone Borough
OF Queens. and
Whereas. In and by each Of said contracts.
the Comranv is Obligated 10 pay 20 the city
a. annual compensation a fixed percentage OF
its gross annual receipts with specified IniAl
MIN annual payments such payments "a De
gin from the dates on which said contracts
were executed by the Mayor; and
Where's The Company has hv a petition
dated July I. 1913. applied 20 the Board for
certain notifications and amendments IN aud
10 each Of said contracts dated February J, 1909.
and April II. 1909. respectively. to wit:
Ffrst-By amending Section 2-lhiTd OF sald
contract Of February !, 1909 and section
. Fourth OF said contract OF April IA, 1902 by
extending the periods during which the COM
pany is obligated 20 pay 10 the CITY three i.r
cent OF It's gross annual receipts or the speci-
fed minimum annual amounts from FEBRUARY
l. 1914. and April IA, 1914. respectively 10
date which shall be hve years aiter the eo ,.,,
mencement Of operation Of It's railway. 70 wit'
August IL. 1917. -, %, ,-,.,,
Of the contract OF February !, l"Jo. ana sI.I
section Fourth OF the contract OF April -.
1909 by changing the dates of the other HNs
year periods fixing the amount OF h"nuai
compensation 10 be paid 20 the CIV. Nv com
putting the same from the date on which opera
ton was commenced instead OF from the dates
OF said contracts. NIL, 81.
the contract of February !. 1903 ana save
section 2-Fourth OF the contract OF April -;
1909. by reducing the amounts OF the annna,
minimum payments during the second Terms %
five wears as therein specified.
Now therefore, in CONSIDERATION or wv
mutual covenants and agreemc herein con
tanned the parties hereto DO hereby covenant
and agree as follows: I'D.
section l. The CITY hereby consents sHhl'-
10 the conditions and provisions herelnai,e t.'
forth. 10 certain notifications and amendmtni'
and April IL 1909. such WodihcatoH' a"D
amendments 10 be as follows:
So much OF Section 2-Ihird al sall con
tract OF February /, 1909. providing TOT an
nual minimum sums Of Two thoussh. w.
hundred dollars 80 200; -Four thousand doiiar'
! Is4 O0g). -Four thousand five hundred doiiaH
! ia jpol: Five thousand i've hundred ooitafl
! lS5 5OOl and SIX thousand two hundred no.lSI
! (Ss eOO) during the term OF the grant N hereW
| stricken out. and the following SUBSTITUTE.
! therefor. - ---t-t,,, A,,,,,s
| 10 10f5 an annual sum which SHAH IN h'
| case be less than Two thousand Two nun
| dred dollars 80 200. and which shalI %
| equal 10 three ca Ter cent OF US gIos
| annual receipts. II such percentage sha'
| exceed the sum Of Two thousand Two nun
| dred dollars S22pO. ...
| During the second term expiring Septcmoel
20 1920 an annual sum when shhli IN h'
| case be less than Two thousand seven nun
dred dollars 80 TOO), and which shall -
equal to I'VE 90 per cent. OF us gioss ~
"a