COMMISSIONERS OF THE SINKING FUND OF

THE CITY OF NEW YORK.

Proceedings of the Commissioners of the Sinking Fund at a Meeting Held in Room 16, City Hall, at 11 o'clock A. M. on Wednesday, January 20, 1904.

Present at Roll Call-George B. McClellan, Mayor; Edward M. Grout, Comptroller; Patrick Keenan, Chamberlain, and Charles V. Fornes, President, Board of Aldermen.

The following certificate of election of Hon. John T. McCall as Chairman of the Finance Committee, Board of Aldermen, was received from the City Clerk:

IN THE BOARD OF ALDERMEN.

Resolved, That John T. McCall be and he is hereby elected Chairman of the Finance Committee of the Board of Aldermen for the years 1904-1905.

Adopted by the Board of Aldermen January 19, 1903, a majority of all the members elected voting in favor thereof.

Which was ordered on file.

P. J. SCULLY, Clerk.

On motion of the President of the Board of Aldermen the Hon. George B. McClellan, Mayor, was appointed Chairman of the Board.

On motion of the President of the Board of Aldermen, Deputy Comptroller N. Taylor Phillips, was appointed Secretary of the Board.

The Comptroller offered the following:

Resolved, That a committee of two be appointed by the chair to examine the securities held by the Commissioners of the Sinking Fund of The City of New York, and to report thereon to this Board.

Which was unanimously adopted.

The Mayor appointed the President of the Board of Aldermen, and the Chairman of the Finance Committee, Board of Aldermen, as such committee.

The following communication was received from the Commissioner of Docks and Ferries withdrawing all matters before the Board unacted udon:

NEW YORK, January 6, 1904.

N. TAYLOR PHILLIPS, Secretary, Commissioners of the Sinking Fund:

SIR-I wish to withdraw from your Commission the following matters, which, I am informed, are before you for consideration:

I. New Plans for Improvement of Water Front—

(a) Whale creek, Brooklyn, with two maps.

(b) Eastchester creek, Bronx, with two maps.

(c) Near Hamilton avenue, Brooklyn, for recreation pier, with two maps.

2. Leases of Water Front Property

(a) Citizen's Steamboat Company, Pier 46, North river.

(b)

Goodwin Brothers' dump, Twenty-first street, East river.

(c) Edwin Hunstel, ice platform bulkhead at Pier 47, North river.

(d) International Mercantile Marine Company, five and one-half piers in Chelsea section.

(e) Compagnie Generale Transatlantique, Pier, new 48, North river.

(f) Central Railroad Company of New Jersey, Pier, new 42, North river. (g) Ehrenreich Brothers, bulkhead between Sixty-second and Sixty-third streets, East river.

(h) Kane & Wright, north half of pier at East Forty-sixth street.

(i) Interborough Rapid Transit Company, land under water, One Hundred and Fifty-ninth street, Harlem river.

(i) Keeler Transportation Company, pier at Whitestone Landing.

(k) Iron Steamboat Company, proposition for lease of berth at West Twenty-second Street Pier.

(1) Staten Island Ferry matter.

"E" and "f" are dependent upon the granting of "d."

3. Amendments to Leases

(a) New York, New Haven and Hartford Railroad Company, Pier 20, East river and bulkhead.

(b) Italian Line, pier at Thirty-fourth street, North river.

4. Proposition for Acquisition of Land Between Thirty-sixth and Thirty-seventh Streets, South Brooklyn.

Yours respectfully,

MAURICE FEATHERSON, Commissioner.

The Secretary reported that the request had been complied with, and the communication was ordered filed.

The Comptroller presented the following report of the Engineer of the Department of Finance and offered the following resolution, relative to bid of the James D. Murphy Company, for the construction of the Sixty-ninth Regiment Armory:

Hon. EDWARD M. GROUT, Comptroller:

January 4, 1904.

SIR-At a meeting of the Armory Board, held December 30, 1903, the following was adopted:

"Resolved, That the bid of the James D. Murphy Company, Nos. 1181-1183 Broadway, Borough of Manhattan, for materials and work required in the erection and completion of the new armory building for the Sixty-ninth Regiment, N. G. N. Y., to be erected on the westerly side of Lexington avenue, extending from Twenty-fifth to Twenty-sixth street, in the Borough of Manhattan, amounting to the sum of six hundred and six thousand two hundred and sixty-six dollars ($606,266), for Alternative "A," be accepted as being the lowest bid for said work; that the same be submitted to the Commissioners of the Sinking Fund for their concurrence, and to the Comptroller for his approval of the sureties thereon, and when so approved the Chairman of this Board be authorized to execute the contract on behalf of the Board; that all the other bids be rejected, and that the deposits received at this meeting be forwarded to the Comptroller, with the request that he return the amounts received from the unsuccessful biddrs."

I would report that the following bids were received by the Armory Board for the erection and completion of the proposed building for the Sixty-ninth Regiment, N. G. N. Y.:

The bid of James D. Murphy Company, No. 1181 Broadway, item "A," $606,266, being the lowest, I think the Commissioners of the Sinking Fund may properly concur in the action of the Armory Board.

Respectfully,

EUG. E. McLEAN, Engineer.

Resolved, That the Commissioners of the Sinking Fund hereby concur in the following resolution adopted by the Armory Board at meeting held December 30, 1903:

"Resolved, That the bid of James D. Murphy Company, Nos. 1181-1183 Broadway, Borough of Manhattan, for materials and work required in the erection and completion of the new armory building for the Sixty-ninth Regiment, N. G. N. Y., to be erected on the westerly side of Lexington avenue, extending from Twenty

fifth to Twenty-sixth street, in the Borough of Manhattan, amounting to the sum of six sundred and six thousand two hundred and sixty-six dollars ($606,266) for Alternative "A" be accepted as being the lowest bid for said work; that the same be submitted to the Commissioners of the Sinking Fund for their concurrence, and to the Comptroller for his approval of the sureties thereon, and when so approved the Chairman of this Board be authorized to execute the contract on behalf of the Board: that all the other bids be rejected and that the deposits received at this meeting be forwarded to the Comptroller, with the request that he return the amounts received from the unsuccessful bidders."

The report was accepted and the resolution unanimously adopted.

The following communication was received from the Armory Board, relative to property assigned as a site for an armory and quarters for the Second Battalion, Naval Militia:

NEW YORK, December 31, 1903.

To the Honorable the Commissioners of the Sinking Fund:

GENTLEMEN-At a meeting of the Armory Board held December 30, 1903, the following was adopted:

"Whereas, At a meeting of the Armory Board, on September 26, 1901, the Committee on Armories reported favorably on a site for the accommodation of the Second Battalion Naval Militia, and at the same meeting the Secretary presented a copy of a communication from the Corporation Counsel, notifying the Comptroller that the title is now vested in The City of New York to the proposed site for this armory, in the Eighth Ward, in the Borough of Brooklyn, bounded by First avenue and New York bay, and Fifty-first and Fifty-second street, together with the right, title and interest of owner of the upland in and to the lands and front of said block under the water of the New York bay, extending to the bulkhead and the pier line; and at the same meeting the Clerk of the works made a report as to the availability of this site for building an armory, and the President of the Department of Taxes and Assessments offered the following:

'Whereas, The Corporation Counsel has, by communication dated September 13, 1901, advised the Comptroller that the title is now vested in The City of New York, of a plot of land located in the Eighth Ward of the Borough of Brooklyn, bounded by First avenue and New York bay, Fifty-first and Fifty-second street, together with the right, title and interest of owner of the upland in and to the land and front of said block under the water of the New York bay by extending to the bulkhead and pier line.

"Resolved, That in accordance with the provisions of section 134, chapter 314, of the Laws of 1901, the Commissioners of the Sinking Fund be requested to appropriate said plot as a location for an armory and quarters for the Second Battalion, N. G. N. Y.'"

which was adopted; and

Whereas, On October 11, 1901, the Sinking Fund concurred in assigning to the use of the Second Battalion Naval Militia the property so bounded by First avenue, New York bay, Fifty-first and Fifty-second streets; and

Whereas, The site as concurred in and assigned for the purpose of an armory for the Second Battalion Naval Militia does not, in the opinion of the Armory Board, fulfill the requirements of the statute and the necessities of the organization; therefore be it

Resolved, That the Armory Board does hereby request the concurrence of the Sinking Fund Commisioners in assigning to the use of the Second Battalion Naval Militia, as an armory site, the whole of the upland and land under water extending from Fifty-first to Fifty-second street and from First avenue westward to the pier head lines.

Yours truly,

FRANK J. BELL, Acting Secretary.

The resolution adopted by the Commissioners of the Sinking Fund October II, 1901 (page 368, minutes of 1901), apparently was passed in error. It appears to me that it was the intent of the Sinking Fund Commissioners to adopt a resolution in conformity with the request of the Armory Board forwarded to the Commissioners on October 9, 1901, that it was the intention to not only assign for the use of the Second Naval Battalion the upland, but all the right, title and interest to the lands under the waters of the New York bay, extending to the pier head line; therefore I think it proper for the Commissioners of the Sinking Fund to amend the resolution as adopted on October 11, 1901, to conform to the original request of the Armory Board and resolution adopted by the Armory Board on December 30, 1903.

January 6, 1904.

EUG. E. McLEAN, Engineer, Department of Finance.

In connection therewith the Comptroller offered the following resolution:

Resolved, That the resolution adopted by this Board at meeting held October II, 1901, assigning to the use of the Second Battalion Naval Militia the property belonging to the City in the Borough of Brooklyn bounded by First avenue and New York Bay, Fifty-first and Fifty-second streets, be and the same is hereby amended so as to read as follows:

Resolved, That the Commissioners of the Sinking Fund hereby set apart and assign the plot of land belonging to the City, in the Borough of Brooklyn, bounded by First avenue and New York bay, Fiity-first and Fifty-second streets, together with the right, title and interest to the lands under the waters of the New York bay extending to the pier head line, as a site for the Armory and quarters for the Second Battalion Naval Militia.

Which was unanimously adopted.