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Newspaper
New York Tribune
Location
New York, New York, United States of America
Date
Dec 17, 1908
Page
3
A New York City public notice outlines a grant for a railway project with conditions. The company must deposit $3,500 with the City Comptroller and comply with penalties for violations including fare, heating, lighting, and street repairs. The City can intervene to perform required work and recover costs from the fund.
The Board of Estimate and Apportionment schedules a hearing on December 18 1908 to consider the Union Railway Company of New York City street railway franchise rights from Third Avenue to Southern Boulevard The notice details public hearing procedures and the proposed contract terms including rates and charges The Secretary IJGEEPH HAAG signs the notice dated November 18 1998 in the City of New York
City grants Union Railway Co a 15 year plus 20 year renewal right to extend a double track street railway in The Bronx from Third Avenue to Pelham Avenue and Southern Boulevard with wires and equipment. Requires owner consents, annual payments and a complex appraisal process for renewal, with minimum annual charges and detailed construction and termination provisions.
The document outlines assignment restrictions, rate limits, and operating conditions for a street railway in The Bronx. It requires permits from city officials, sets fare at five cents, mandates street repair and watering, and details timelines for construction, penalties for delays, and board oversight. It also specifies car types, maintenance, and safety requirements.
City officials supervise a street railway franchise detailing pavement repairs sewer changes tracks and public-work priority. Company must deposit 3500 dollars, pay penalties for service failures and keep books, with strict notice and audit rights.
The Board grants the Bronx Traction Company a street railway franchise on Clasons Point Road and Westchester Avenue in the Bronx with conditions on property consents, renewal terms, and rate adequacy. Public hearings were scheduled with publication in City Record and major newspapers as part of the process.
The document outlines selection of appraisers at least six months before contract expiry, their duties, and conclusive valuations. It details minimum annual payments to the City, phased by five year terms, with percentages of gross receipts and fixed cash sums, plus cost sharing and conditions for renewal, termination, and asset transfer. It requires construction timelines, consent conditions, and penalties for delays, defining rights and obligations of the Company and City.
The contract outlines city supervision over the railway's construction and operation. It sets fares at five cents, free carriage for police and fire personnel in uniform, required street improvements, paving, water and drainage work, and annual reporting of finances and operations to the Board. The company must obtain permits, maintain tracks, and comply with city authorities or lose rights.
The Board accepts the inquiry results on the Bronx Traction Company's proposed franchise and contract terms. It calls for public notice in The City Record for 20 days and two daily papers, with a public hearing on December 18, 1908, at City Hall to hear citizen input.
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