Perth Amboy evening news., 1923-09-06
TROLLEY FIGHT NOW IN
COURT ON FOUR ACCOUNTS
COUntInued from Page -

(CuntIuued from Ea2e ~
formed, by way of comparison with
the month just ended for which n
figures have not yet been computed,
that the company's franchise tax Tor
August 1922 amounted to S9O'-
lS07.3S and based On a total revenue
for the month of August 1872 OF
$2,136,9S9.22 the COMPANY. paid "a
gross revenue tax of $76,198.l9.
These tax funds are apportioned
among the municipalities through
(which the lines Of the trolley com-
pany run.
It was further declared that the
company is indebted to municipan-
ties in large sums for street paving
work, chargeable under its franchise
as we'll as unpaid franchise x
and taxes in lieu OF personal prop
erty. The Public Service Railway
owes Jersey City the sum of $780,
l774.4S for taxes and street improve
lments and the city OF Newark $476,-
lSS2.17 on similar grounds, it was set
forth by the attorney general. 1t is
likewise indebted to the remainder
of the 142 municipalities through
which 1t operates for similar ex-
Ipenses.
Failure to operate the cars de-
Iprives the state and its municipali-
ties OF their lawfully entitled tax
revenue and jeopardizes the invest
ments Of the stockholders and bond
holders of the company, contended
the attorney general, deprives the
citizens OF New Jersey and more par
ticularly the inhabitants of the mu-
inequalities through which 1t is OPP
Grating of street railway transporter
ton, and the company has obliga-
lions which it cannot meet unless h
lines are operated, thus working an
irreparable injury upon the state and
its citizens.
Reference was made to the fact
that considerable time would elapse
before the final determination of the
mandamus and quo warranto pro-
ceedings started in the supreme
court and that during their tendency
the status quo ante, or situation of
the company as before 1t ceased to
operate, should be maintained and
that the chancery court, by virtue
OF it's powers, and to aid the two
other proceedings in the supreme.
court, should direct the Public Ser
vice Railway Company to operate its
lines and to furnish adequate trans
pOIldllOu " the ClIlZ6IS OI the stats.
It was further contended that it is
the duty of the court to appoint a
receiver to take charge of the prop
erty and assets of the company for
the purpose of conserving the latter
and to perform the duties and OBJ
legations imposed upon 1t by its fran
chise and privileges in the event of
the continued refusal of the concern
to operate in obedience to a man
datory injunction to do so.
A number of af1idavits supporting
the different points made by the at
torney general accompanied his APP
plication. One was from Alfred N.
Barber, secretary Of the public util-
ity board, showing that for June the
report of the Public Service Rail-
way Company said that its revenue
from transportation was $2,191,-
620.34. and from other railway OPP
erations $54,500.2S. Deductions for
operating costs for the same period
totalled $1,699, 556.11, leaving an
operating income, according to the
report of $546,564.51 for the month,
The railway operating deductions
included in addition to franchise and
other taxes the sum of $29,423.34 tor
taxes on real estate and the sum of
$4,000 for depreciation of right Of
way and structures.
Another affidavit was from Frank
d. Schroth. secretary of the State
Board of Taxes and Assessments,
shown that that board had