New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1914-04-09
PUBLIC NOTICE.

caec ehau the annual rate so hNed oe 70,
than the sum required 70 oe parp The original
- - ,his contract and II the parties So 80
rot forthwith agree upon what u wrItten
then tho parties shall enter nv and a,
agreement fixing such annual To- ~, three
"sl ,,,, as shall he determined py 'unoi-
disirterestcd freeholders seleeteu :" '
lowing manner. , IT, sbau be chosen
t tba Enard. one disinicrested -. tv,o
sball he chosen by the ,oIilpa,ns,' ,reeholder.
shalI sIooIe "a chosen shall act as ~
,',i.,rs ana shall make the reFaiudlIon ica 8,
said such appraisers shdh u' N,,ro,ton OF this
sfv t61 months prior 10 the tNpil", hail be
slf "" '.ontrart and their report slat .rs
Giei With i've Board within three w.. . az an
after they are chosen. ne. $40 they may
piaiaeIs anu ,,ort anon their own e1peII
enc and upon such information az - 9TH
chtair bv INQUIRIES and inNe5llsa''Sg-ri, o~ shalI
out me pIr,,. 90 evanine any OF the books, 30 oil
Inc Comnany and IFS officers uhus' and detcr-
valuations so ascertained' NV - ,ertles.
mined shall be conclusive uPVn ',nt he less
h'i, M annual sum shall. in any e'tu' .bo last
tran the sum required 10 ne palu o1,rsct II
year Of the original term or ,.lHH ,o, ba 0yed
i'm any case the annual rate suo'' rtgi,si term
III ~ ia terniration OF the orlsHati nav
~ his contract then the COMPANY i,ing until
The annual rate heretofore ~ ad and shall
~ rcr, rate IN all be dctermincp, -. 81 any
~, - mn 70 the CITY the amour. ,o,oinet
cxccg- 81 the annual rae me compen
over the previous @nhuS' 10 sa,d appraisers
satior and expenses Of the sa We ana the
shall he borne jointly by t W. .hey.of
COMPANY. each paying one hal 80 IN. city
Third-The COMPANY 'nai "a ~ following
TO- the privilege Hcie"' -'"
"a The sum of one thousand d oilS ,bI date
in cash within three 80 hIt,a,nad hy the MAYOR
on which THE contract Is ssnen uSr,,iss of the
ard before ANYTHING IS done in exercise VI
privilege hereby granted. Ca. -, ears an
IN Durfng the nrst term OF hNe 'ol - ises
,ai sum which shall IN no case ~ -,
.,,o tbroo tbousand eight hundred ara nal
>, live dollars $3.50, ana WnC-' annual re
TO three 80 per cent, % sIa,1 Exceed the sum
~ ltIroe thousand eight hundred ard Se'e'''
nv D.,ri,r tie second term Of five 90 ycals' CO
b-Ii,H ..tfo, shall in no case DC 80
80 sc,or thousand one hurQien ~
- ioN and which shall be elua, 10 ~ s,,C2
~ c.rt of ifs cross annual receiF''' " 80,
per 80. y. r,U cv,ced Tho sum Of seven ln'N-
e.rd one hundred dollars ~ 100 - .....s =,
o,-,i1, the third term OF five 90 go ta az
,,,,ai .ur1 which shall in no case De les coo,
ai.iu"i ,,,a,,sonJ ci~lt hundred dollars 90 WV
and which shall he equal 20 I'VE 20, w. .onta 20
It's gross annual receipts, II S. .hn,,.snd eight
shall exceed the sum OF Sc'c"
hundred dollars IS, YOU'D *, y.,r, an
Dur,ns IN. fourth term NJ hVe 'o' 80 -
annual sum which shall In no use ga -, soo, ana
aigit ,honsand six hundred dollars Hh"V', ..
eih shaiI no equal 10 ilve 10 per cent OF ~ ~
&c annual receipts. ~ such percentase h,a-
ex.oei the sum OF eight tholsand s'i
dollars (Ss. 600'. n,rtr, August
= ,asf a. annual sum which shall ~ ~ 80
no lcss than nine thousand roH hu,'' a.. acuai
ffty dollars $3.50, and wnlch ,n1,aI Teceip.s.
10 fvo ,5i rcr cent. OF us gross HIl"ua. = ,ira
- .,.c,, rereertacc shall exceed me SUN -, .m
thousand four hundred and hftN uold,s obore
Tho gross annual reccilts ls yr"Cc,ots n
slaU b. that portion ~ the tto, ,bo Unite
d. co,,rar,. from an sources witnh tlr IT.,
Of tho Cifv az SHALL bear the Sam P,1,,,b n
80 ia ,yhole gross receipts - ire te',s,u 80
tLo crfire length Of the railpat o. W 60.
rarv in operation within the nnut , -, tor, ,he
TIE annual charges shali coINIlol 49, b, Inc
date mon which this contract u Slshon ~ '
10, For tho use Of tho Wills hvenne pI,qS
an It's approaches during ,"e 80 ,honsand
Itir7tet 1916 an annual sum o' 10 -
a. hundred dollars ~ 500. during INC -
ceodinc term Of five 90 Years eIlIlIE 80,
O. i9el an annual sum OF two 49, ~, 80 during
I,,,ndrcf ana fifty dollars ecu an anu 49,
So. rerroinire term OF fifteen 90 years GU ~.
ius, August p 1896. an annual sum oil , Io
,ho,,esoG dollars So oo0i. Tho conpehsat,i..,'
49,. r..,-,.cI ehaU commence from tho ha'c
~, which This contract g. signed ~ INC na.
All annual charges as above shail ot 20
into the TREASURY of me ~. , Tn arDount due
OF each year and shall he Tor inc a.is1d 80
g., SeptoInber % next preceding. LToNlu ~,
- g., annual nayInent shall be only iof 'nSt
,'-o-or.ion Of the first annual charge a. ~
~ to.,,-oor tho date unon which THIS contract
is signod low tho Mayor and Septeinper Yy i''
io.,inr ehail hear 10 the whole 81 one Ecd'
u-iouovor tho percentage itQHifp W ~ -
srou exceed the minimum amount - 49,,
ZION such sum over and above sncn a.. .,ci
sh1Il 10 paid on or before Nof einueI 3 a 81 -,
,.csr fnr tho year ending september ~ neN'
The annual charges herein provided are IN IN
tended "a include the percentages on slu's a,
coi,.te rou REQUIRED 20 he paid hy ralWsF tp'I
49, ,o ,bc Cit- pursuant TO the Railroad
Law. as amended, and such charges AZ &c =.
quired under chapter so or INC I'aH % ,' -
H., aid bv tho Company for these "Nte"HlViL9,
a. ..i5 90, anplics to or controls the COMPANY
in relation 10 tho rights and privileges. here'y
granted.
TIC CIV docs not and shall not demand %
-o',,,iro tho ra,r,eut by the Company or a per
49,, 90 1,rogs recoipts under the provisions
~ chaptor go Of the Laws OF 1892. on ne sIosSs
re-eipts earned on the eNtrh-lohN c'H'" 49,
Pursuant 10 this contract - 49,.
terms or ills contract 20 the city oy INC CoIn.
nspv shall rot bo considered IN any nauns,
In tho nature Of a tax, but tucn psiy 'I,'nls
sh,fi t, made I'm addition 10 any and an taAtS
~ ,yhat-ooycr kind or description. now or mere
af,o- reouiGSd 10 be paid 10y any ordinance "l
the CITY. or resolution OF me boaIN' W '''
Law Of tho state Of New YORK .-.....,,-,a
t-ot,rtb-Thr annual charges Or peyihcnts
shall continue throughout INC "no'e ..,,n
this contract (Whether original OF ten.~' az,
Notwithstanding any Clarse IN any rtatute y,
I'm the charter Of any other railway OF talli"'I
company providing FOR paSmen' Joy '', g,e;srapt
r,to snd no assignment. lease or suplease y,
t5o rights or privileges heren. sIalleI
(vrothor original or renewal vt 81 ~ -
thereof or 81 any ~ tho routes men ion, y
bcrcin or Of any part thereof snail no Nalid
or e0ertual for any purpose unleS' ~. an
seignIhent, lease or suniedSe Ni-e'I ~ -.
covenant on tho part o. tho assignee or leSsee
chat the same IS subject % al me coh1ilou-
o. tbis contract. and that me assign ?" or lcssHs
ASSUMES and will be hound ny an o. s1'l9 co,I-
ditiors and especially SAID con1l,ohs -
90 fa,.r1erfe artfhinC in any statute or IN
tho charter OF such assignee or lessee 10 we
contrary notwithstanding. and thai inc sald as
ale an
conditions created hv such statute or it8 ,AaT-
ter and that r. will not claim by reason '''re-
OF or otherwise exemption from iaollI 10 -
form each and all OF the conditions o' inns con
tract.
r-Inb-Nothlng IN this contract shall be
deemed 90 affect In any way the rant or the
C,f,. 10 Grant 70 any other corporation or 10
any individual a similar right or prlNliese upon
tho same CT other terms and conditions over
Tho routes hcrclrbofore described. ana me loru
nam. shall not AZ any time oppose, nut Snall,
i,ron request 81 tho Board. consent ~ mo use
fo- street surface railway pun oses or tne
tracks and 3ppurtcndnccS covered py ulis
grant. or am portion there1i' ~ any SUI
other corporation or individual Nnlch MAJ Ie
celve 2 franchise therefor from the city.
should tho city AZ any time during the term
OF this contract grant 20 any other c9rporat'on
oDerate A railway upon tho tracks or The com
nam on the routes herein described. or any
norton thereof then tho city shall, WITHIN
tairtv (cO days thereafter. give notice 20 th-
Cornnanv that such right 3as been granted and
~ no name Of tho corporation or individual 10
which such right has been granted.
Al tho expiration OF ninety f90 days after
tho giving Of such notice such Individual or
CORPORATION shall have the right 70 begin the
operation OF cars upon the tracks 81 the COM
tanv uron the route or any portion thereof.
over which such corporation or Individual may
receive a right or privilege, and 70 u'e therefor
tie tracks equipment power and all other
r,-oncrt, Of the Company which shall be neces-
sary I'm the operation OF the cars OF such IN
/ di-dual or corporation upon the tracks or the
/ COMPANY and shall have tho right 20 continue
such o?eration until this contract. or the right
10 use such property under the terms OF This