The evening world. [volume] (New York, N.Y.) 1887-1931, 1914-02-19
Yellow Company and Mason
Seaman Combine With
sio,ooo,ooo in Stock.
PLEAD FOR OLD RATE.
City Examines Books and
Finds They Can Make a
Reasonable Profit.

Finding themselves engaged IN
losing war against the reduced taxi
cab tariff Adopted BY the Board Of
Aldermen at the instance OF The
Evening World. and upheld by tho
courts. tho ofYicers Of the Yellow
Taxicab Company have arranged to
consolidate their concern with the
Mason-seaman transportation Com
pany. ana thus form Taxicab Trust.
Behind the formation Of the trust.
which II being engineered by men
skilled IN engineering monopolies. u
masked project to nullify The Even
Ing Worlds reduced taxicab tariff.
restore the old sxorbitant rates and
revive the abuse Of private stands.
The Mason Seaman Company. q
100000 concern. fought the taxicab
ordinance until II had sustained sew
eral defeats In the courts. Then the
officers announced that they would
obey the ordinance. The Yellow Tax.
icab Company has never complied
with tho now law. but has sought TO
conduct private cab business by the
establishment Of many branch gar
ages or storage yards. from which
cabs were summoned by telephone.
prolific CUT DOWN ~ FIGHT
ON NEW LAW.
The additional expense imposed BY
this system. combined with the Inn
proved service given by the Inde-
pendent Taxicab Ownsrs' Associa-
ton and other companies operating
clean. powerful. licensed cabs from
public stands. cut into the profits Of
the Yellow Taxicab Company. Also
the Mason Seaman Company. which
had under the old order Of thing,
monopolissd many private hote
stands by the payment Of high rentals
to hotel owners. also found its -.
n osspts cut down.
wv. H. Barnard. recently elscte,
President OF de Mason ssan,a,
Company. - credited With bringini
about the consolidation and the for
nation Of the Taxicab Trust
BY successive decisions the Su
preme Court and the Appellate Di
vision Of the Supreme Court have up
, held the taxicab ordinance. The Law
, has reduced taxioab rates to 30 cent
, for the nrst half mile and 10 cent
!, for each succeeding quarter mile.
has abolished the system by whic
!. hotel proprietors. railroads. steam
!, ship lines. clubs and theatre owner
|. sslsed upon the public streets an
. rented them out to the Yellow Taxi
cab Company and the Mason See
man Company.
GRAND JURY FoRc 60 NEW TAX
ii CAB LAW.
The only way the Taxicab Trui
can escape the ordinance 10 to ha,
Il repealed by the Board Of Aldsrme
: However, the officers of the Ysllo
; Taxicab Company and the Masol
. Seaman Company. - we'll - u
Il members Of the Board Of Aldsrms
remember that The Evening Wor
4 had to tight three years to get q
y ordinance through. They also r
y member that the Grand Jury took ,
. consideration Of the long delay
" the adoption Of taxicab reform a
. that Just ~ soon ~ the Grand Ju
y got to work the ordinance We
% through.
~ Any attempt to repeal the taxicl
.. ordinance u going to Set thoss :
sponsible for the attempt Into de
and vibrant trouble. II the Ora
Jury was necessary to get the ordi
snce through the Grand Jury can ri
be used to keep Il ON the books.
N A. planned. the Taxi Trust Y
Goat SlO.O00.000 OF stock. half col
mon, half preferred. to take over I
. = assets Of the present Yellow Taxi q
the Mason Seaman companies.
- consolidation will be called the N
mt SON Seaman Corporation. w. II. Il;
ci- nard will be president Of the TIA
n. cab Trust. Vics-presidents will
ne ciude Mortimer b. Fuller of the
Trust, Egbert II. Seaman jr. q
Francois Ducasse. with James
90 Salisbury a. secretary and A.
re- Rockwell. Allen Lexow and JacQ,
,od Rosenberg. agent Of the Canad
ain Pacific. AZ directors. and y. J. Hol
les
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