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MVEtflSfG LtodliJlPHlLAfoteLPHIA, "tHlfesiJAY, DECEMBER 21, 1910
( A
'A
mTTHOKlTATIVE ANALYSIS OF
RAPID TRANSIT PROPOSAL
iJkatln&it rrera r On
jMMUld b subjected to the disastrous retoultsj of a ureal conflagration, plague or
rthquak, Or It the coat of transportation should lifcrease far berond any figure
.$Qoh " cnn now nntlcjpato or contemplate, the Philadelphia. Rapid Transit Com-
,2s'hj' w"1 t"1 be assured of Ita flvo per cent, which Is reasonable return, and the
, f1' ,8 lhu"1 Protected, to ft reasonable decree, ntftlnel any loss resultant frn such
Unforeseen ContlnRenclos. This Is a wise nnd necessary provision for the proper pro.
" -1! 0tl ot tho c,ty'" ln,'rMt
XlrT CITT8 JttailT TO TAKH OVKIt PHOpiSKTl'
-V"'' fourth. ThB city sains tho riant to inks or the property of the 1 It, T
r Company at n prlco equal to tho pnr value of tho P. 11. T Company's stock at any
tlmo durlnjr tho term of tho contract.
,' z Th cltX ' reserves tho right Vo take back the city-owned lines under a fair
'recapture clause at any tlmo durlnir tho term of the contract.
t Theso provisions retain for tho city most valuable options which It may rxen Imo
at any time.
i Fifth. The arrangement also provides that tho new contract holwcon Iho city
And tho company shall run for fifty years, and that tho 1907 contract shall ho
extended so that tho 1907 contract shall explro on tho snme dnlo as tho new ton-
- fract; also, that tho present Sinking Fund accumulated under tho 1907 i-onlruct
ohall remain In tho hands of the Blnklng Fund Commissioners, nnd that pnymonls
'Into the same shall be resumed as originally provided In tho 1007 contract fi
years after the ldato of tho extension thereof. It also provldos that accruals In
thl Slnklna; Fund nhall bo available to tho city for the purpoo of piitrlmsliiR tho
P. It T, Company's property at any time durlnn tho irrm of tho nminiet.
Sixth. Under the 1907 contract tho Philadelphia Itapld Transit Company whs
ntlflcd to rooolvo six per cent cumulative dividends on Its' stock beforo dlvldliig
sxny surplus remaining vrltli the city.
BACK DtVIDBNDH NUT l,liOO,000
Back dlvldonds on tho Philadelphia Ilapld Transit .Company stock havo boili
accumulating since Januaryl, 1907; therefore, up to Jufy 1. 1010 (nlno )cars and a
halO, the accumulation amounted to 117,100.000, less u two per cont dividend paid
out of the earnings ot tho first half of thu lalcndnt car of 1610 (IC0O.0O0), IfuMiik
ft rtet accumulation of baok dividends on Philadelphia ltupld Transit stock, ns of
July 1.1918, In tho amount of $10,500,000, which the Philadelphia Itnpld Transit Com
pany stockholders would havo boen entitled to receive lu addition to current divi
dends ttt tho rata of rlx per cent per annum from July 1, loin, heroin tho city could
profit to tho oxtent of one penny fioin tho division of mirplus, as piovldul lu the 1U07
contract.
Tho Philadelphia Rapid Transit Company turn aBrocd to innrol thm $10,500,000
Claim, to tho end that tho city may share In any net Income lesultnnt fioin the
operation of tho existing property Immediately upon tho opening iif the (list lileli
peed lino.
OITY DIVIDENDS BTOP WITH AUOMTIO.V OF I3XCIMNOHS
Seventh. The arrangement provides that nil payments In th Cltj Treasury
exmtcmplated by tho 1907 contract, Including tux on dividend, of suliHldlury com
.., ..an niw ui mo uinu wio cxciiunsu iicKPtH aro abolished. Thus the nut
, tncomo of tho company will ho Increased. Ah thu city khIiih tho henellt ir ninety
per cent of all that net Income In excoia of tho company' assutod Ilvo per cent
this provision works no hardship upon tho city and nffoids the company tompoiury
protection, on originally contemplated, against .ixclianan ticket Ions, pending the
wpauiutt vi tuo jir.i niffii-spcu line.
equipment ot the city owned high speed
lines, and that the form of security to be
Issued by thssompany to cover the com
pany's contribution for the equipment of
the city's high speed tines Is to be the best
?hi!ic, J 'patlblj wllhhe Interests of
colli parties.
This provision Is manifestly,,!!! the In.
i!M,H.J,Vh?.,clly..,,ecUM MU.r the
to be paid thereon, artd any saving In In.
erest charge Increases the amount of hct
Income which will be available to the city
TODAY'S MAIlRIAaB LICENSES
nVft,f..a." m "" "' "'
"WhSraV'&ift .r" -5 l-r
ia'iii aarciai itm Krnk n l . n,l iini.n.
riK;iiirr. nixi ,n inth m
and li.l
19TH STREET HIGH-SPEED STATION
WOULD OPEN NEW BUSINESS CENTER
Benefits of Free Transfers for Cross-Town Patrons Shown
in Proposed Plan for New Stop Would Become
Important Traffic Point
IB N Kmnhlln l
i tfiti. .
JorjPh l'JliM"iori ar,n I)won t
Kmul Homern H2 N 7t(, a
Wii.covlli, 1121 N. Tlh l
Wlllltm O. f.niin, 5001 tufonl M ,
v rvwiurii, ntd Arnonn M,
i nriinKfi, V3l
Itorrl
rrlnW,!
Co)im. II2D finlly t.
Monlrijus t
IIHlnM lu
wnlti. 2107 Cn
MorrH littntr 2T N 2.1 ni
V034 NnuJil,, ,t
-i
Sin! Km
Hint CmrnA
tnl-CIr
anil Al.tlil.i
a till Jennta
ftd Mary A.
ami
ami
and Annn Hutun.
Hrhnlf.lmnii. AAnt Mi,ll ,
Cliarlta Jlo, 1.18T Kllbft iat
Utlton S.117 Vllharl r
llnrn.y I). Hllvirman. l2t H Darlru at
viarjr l.nttih, A31 Itobrry ai.
William II Kaumlara, 1 .11" H Clivalaml at
l.tl II I" yihTia'K. llll H n.Bh,l ..
...iz., ;.. i.a ..."'.-: ".'"!" "
rtimi i ivrotip jiiuu ma ai
iu,i n rid ai.
hatlea nltth, nrooklw, N. V. ami lluno (Jroaa-
mat,. L'JJt H Tilth a
Cliarlta '. tilanay. ,VmI nl-'lrrlaw, '., ami
m ran M. Drunk.. 1227 N HI. U.rnnr.l it
Charl f. lupataln Uainilan N, J . and Kala
Uoltn, 21J H. Thompann at.
Charles I'ule, 12I Oalharlna at . ami Cor
nells, Juhnaion. 1701 llalnt rldira al.
Hamtial X. ivrrln ni7 I'arrltli at ami Mary
R. l'rn, smiil .V I7lh at
William C Vlnient Ir anil N May at , ami
IMItli V. Jot... bim N. .May al.
(Ii-nrsa v. ounr, ).l VVondataik at, uml
Mnmntft H. tlrnoka, r,U .VUrln uatr
Ho!(imon Cahan vnt N I Dili at., iiml lin.a
Honrtnlclt. 1220 I'oplnr at
Chnrlca I tlrHnmlllr-r H4V", llraddoclt at., ant
Ail'llne VVIIUIiiin 2.1HJ N Maarhrr at.
IV IT I. O Mallr IHI'.'J H ItlnaKOld at., and
I'luru c Knutt. 217 Muntun at,
Juaapli A. .lonna. Uultlmora, Mil, an I llaatrk
lllock, llaltlmnra. Mil
Divorce (Granted
Ciiiirt Vo 5 krrsnlfd u ilium o to lively n
Ilalitwln Hinlth from i; Hnell Hmlth
fc.
Rlshtb. The arrancemsnt further oro
vldes that the company will undertake to
obtain $19,500,000 ot now capital us and
when required tor tho future requirements
ot Its own system; that Is, for tho exten
sion and enlariement ot the present Market
street aubway-clevatod lino and the present,
surfaco lines In the olty, and that the com.
pony shall be allowed Interest theroon.
This Is a necessary and fair provision, no
matter whether tho monoy be contributed
by tho Union Traotlon Company stockhold
ers or It mo secured by tho sale of preferred
stock or some other security Issued by tho
Philadelphia Ilapld Transit Company
' UNION TItACTION'3 OPPOItTUNITV
. If the Union Traction stockholders
should bo permitted to pay In tho $32.12 4
per eharo necesnry to muko their stock fully
paid, nnd rocelvo Intoreat on suoh ndltlonal
amount contributed by them In addition to
the return which they now rocelvo on their
atoclc, which Is only I17.B0 paid, the result
' would bo that they would havo a fully paid
stock, free from the evar objectionable as-
sessment featuro, and that fully paid stock
, 'would net them an assured return of ten
4"Pe cent por annum on Its par value.
f The arrangement recites a sus;retlon,
, whiui. u In understood, .was made by for-
' mer Director Taylor, that the city from
'tlmo to tlmo might offer to build surfuce
t lines or extensions to surface lines which
would be reasonably renumeratlve and rent
them to the company on the flvo por cent
basis. The company accepts this sugges
tion, stating that It meets with Ita nppiovul
Tho advantage of It to the city Is mani
fest because such surfaco lines or oxten
1 slons thereof, which may bo built by the
, company, would havo to bo built on money
borrowed by the company, and If tho city
eyor wishes to take the system over the
city would havo to dlschargo or assume tho
Indebtedness Incurred for tholr construction
It Is far better that the city should Issue,
for tho construction of such lines, ilfty-jenr
four per cent bonds, which, thrgurh tho op.
ration of a one per cent sinking fund, will
bo tllsclmrKe.l uml p.,ni orr In lias thun
nriy yrai-H out of thn ih.i por tent rental
which tho I It T Company will pay upon
tlm cost of the surface lines or extensions
bunt by the city from tho proceodi of (he
sale of such bonds
IIONDH NOT OlfAHCJED .AC1AINST
TAXPAVKHH
Honds Issued by the city under theso
conditions and for those purpoieH will not
po a charge against the taxpayers, because
iho rontal received by tho city will fully
orrset the Interest and sinking fund clmrKKs
thoreon, They will not nbsorb or he n
charge against the borrowing capacity of
tho olty because they will be self-sustaining
w thin the provisions of Iho roccnt Con
sjltutlonul amendment
Under this provision the olty would be
come the ubsoluto owner of surfaco lines
or extensions thereof built from the pro
coeds of tho olty bond, unci coure tho
snmo as an unincumbered municipal asset,
freo of debt, through the operation of the
sinking fund po-ymonts covered by the
rental paid by tho I' R T Cnompatiy
Tho arrangement nlno provides that the
company shall ralsu thu nmncj f0r u,,,
(Jon. von Hissing Danerrntisly III
AMSTBItDAM, Dec 21 General von
Illaslng, riermnn Governor General of llul
Kltiiii, nas reported dangerously III of piinu
montn In dispatches rerelved toila from
tho frontier Ho has hern li-iupurarllv re
placed nt Ilrneeels as tlovoruor tlnierul
pending his r cover)
The remodeling of the Nineteenth 'ami
Market streets subway station to make It
a stop for all subwny trains and a freo
transfer point both north and south, ss pro
vided under the tranalt agreement proposed
by the Philadelphia Ilapld Transit Com
pany, would give Phllsdelphlsna their first
realisation of the Actual benefits n( uni
versal free transfers nnd nt the same time
would make the section around the station
one ot the live dullness centers of the city
The plan of the company Is to spend
nearly $900,000 In remodeling and enlarg
ing the sUtlon nnd lo begin work as soon
ss the agreement between the city and the
company is signed and ratified, All high
speed trains would be stopped nt that sta
tion and free transfers would be Issued to
Nineteenth and Twentieth street surface
cars, with the further provision that free
transfers on theee transfers be given on
Intersecting lines either In North or touth
Plillndclphln
All dally riders who travel from West
Philadelphia to North Philadelphia or the
reverse would find the running time cut by
several minutes and would renllio a navlng
nt between three and eight cents a rule,
Recording to their destination,
TKANflr'im IHSNKKITK
Aa nn Illustration a man living at Six
tluli nml Christian streets could ride north
on rlixtleth xtreat to tho Market street ole
vsted pas, down the elevated -o Nineteenth
nlttet. get u frre transfer north on Twen
tieth street on I tun to l Cars on this Una
tun north as far as York street. Tho rider
accordingly could transfer east or west on
Olrard avenue, east or west on Columbia
avenue, or fin any other street where the
lines Intersect without the payment of an
additional fare.
Likewise a man residing In Overbrook
could tide to II road and Snydsr avenue, or
almost any othor place In Houth Philadel
phia for a single five-cent fare Leaving
his home, he would take the Sixtieth street
car connecting with the Market street ele
vated at Blxtleth and Market streets. Here
he would psss down the elevated, ride to
Nlnotetnth street, transfer south on the
Nineteenth street line, ride to Hnyder ave
nue nnd transfer east to Ilroad street or
wherever his destination might be.
Hlnce free transfers are not to be es
tabllshed In the central business district
for tome thm, Nineteenth street would be
come on of the biggest trafflo centers in the
entire city, with the result that the Imme
diate vicinity would experience the greatest
business boom in Us history
DUBINE03 DOOM
Business men In that section declara that
It would mean a new era In the history
of that section of Market street Just west
of City Hall. For years their complaint
has been that the location of City Hall In
the center ot Market street has stopped all
development west of Broad street, To
remedy this It has been proposed frequently
that the Municipal Dulldlng, costing as It
did In excess ot IIS, 000,000, be demolished
to prevent th complete stifling ot business,
The location of th new station, business
men declare, would accomplish the same
purpose, so far as business development
Is concerned, as would the demolition of
City Hall, and that tits ooit would be only a
traotlon of that necessary to change the site
of th big building
Wotmn'g Body Dragged tT i.. . i
SOMBttS POINT, Deo. Jl JWL. rt"JH
Shrimp, a barman, dragged npfc!,,fI'wl
no uruuani up me Body t,t a li.vu ""
woman The body was IdentMM .VX
Vlr nanra, rlnA.1.-.. ,'J"11 M Ikil.
residing on Ne Je'reey- 7"tL V H$i
aaaraanaes Banna mm m
reaUi
thi. ."
HOTWATtS
BOTTLE 0 ICE BiS
t iui wairr ntr i - t.
K'tirpaiicd. Ai an fee bS - S
ft has. no enuai. AbiolntViS l!
air tig it. Can be tefili,.i
and boiled without Injury
4ffi;7Ms.VWKCfi
JTKICE $1.25
uosrsntMl
So (4 hv all UaUng drycaUti,
HIVION KAUFMAN CO., lee.
Hsmirseiaren, Thlls,
rli
irfrSfln&Rmu
E. Milton Dexter
1218 Spruce Slrcet
SWEETS
Xmas Desserts
Xmas Candy
Xmas Cake
cZ3SSSfZ2s
KtK
Preparedness
Enables This Philadelphia Institution
to Serve the Public Well
mmu
GIFTS FOR DAINTY WOMEN
Boudoir Cap nnd
Slippers
liaml - crocheted silk
cap with oxquisito lace
trimming. Lnco - trim
med Satin Slipper to
mutch.
J
-4
.II
WE like to make
"now friondfl, but
our abiding aatisfac-
tJon Is the number of
old ones we retain.
They bring tho new
ones to us, and soon
they regard them
selves as old friends
and aro acting as
trade missionaries in
turn.
Honest work perform
ed with the determina
tion to Impart t r u o
Hughes & Mullor In
dividuality and distinc
tion to clothes designed
by master craftsmen has
made friends and kept
friends for us.
HUGHES
..AND
MULLER
TaUors a
1527 Walnut St.
suggestions
for Men
Evening Dress Sets
Platinum Vest Chains
Thin Model Vntches
Pearl Studs
Pearl Scarf Pins
Z.J.Pequignot
Jewels
1331 Walnut Street
$6.00
"Cumfj)" Slippers for
Mother
All that tholr namo
implies nnd beautifully
finished.
"Puss - in - Moots" slip
pers will mako baby
ni o r 0 cunning than
ever. Thoy como in
Rod, Pink und Hlue; nt
u
$1.25
GUARANTEED HOSIERY
Thore la no timo limit to our guarantee. Wo leuvo
it to you to decide whether or not thoy rIvo sufllciont
nnd satisfactory service. If not, wu will gladly roplnco
them. Thoy are beautifully finished in flllk nnd lislu
und come in uvcry concclvnblo shade.
55c to' $2.25
New and effective deiiiyna in evening slippers.
SOROSIS SHOE CO.
1314 CHESTNUT ST.
SIP
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Sterling Silver for Christmas Gifts
m
TOILETWARE
Hair Urushes,
Combs,
Mirrors,
Cloth Urushes,
I'owuor uoxes,
2,7fi to 21.00
l.UU to 7.2Q
G.75 to
2.60 to
2.25 to
Manicure Scissors, .75 to
35,00
13,00
10.00
7.00
SJLTS TOU TSOtJOH OT
GOLDFISH?
Japanss snd do
mMtloi ornsmsntsl
varlotle
10c to 28c each
jLqnsrium. all slxts
flllad to prdw
1 to $10
HOLLOW WARE
Cream & Sugar,?n.50 to $05.00
Uaskots. 5.00 to 200.00
Compotes, 10,00 to 100.00
Vases, . 2.25 to 100.00
Sandwich Truys.10.00 to 50.00
Tea Rets, 110.00 to 500.00
TABLEWARE
Tea Spoons, doz.,$0.00 to $21.00
Dessert Spoons, 17.50 to 113,00
Dessert Forks, 17.50 to 83.00
Dessert Knives, 24.00 to Hl.OO
Oyster Forks. 10.60 to 17,00
Butter Sprenders,19.50 to 211,00
NOVELTIES
4y
Scent Halls,
Vanity Cases,
Dorlne lloxes,
Citfarottu Cases,
Pockot Knives,
Silver Ilelts,
$1.00 to $5.00
2.00 to 36.00
2.50 to 10.00
4.75 to 31,00
1.25 to 11.00
2.B0 to 7.75
May we send you. a copy of our new
catalogue? It will give you an.excellent idea
of the extent of our stock and will be of great
assistance to you 'in making selections. It is
the largestand most complete jewelry cata
logue ever published.
$. Kind & Sons, J 110, Chestnut Street
DIAMOND MERCHANTS jHWEJCEHa SILVBRSiHTUS
Noting hour six p'cloeh until Christina
These big factories have been running full
handed all Spring, Summer and Fall and for more
than three months have been working overtime
m preparation for just what has happened the
Diggest ousmess we have ever had.
The result is our ability to serve last minute
customers as faithfully as those who bought early.
.You can be suited in the style, finish, tone and
action of either Grand, Upright or Player-Piano.
You take no chances. Every instrument is guar
anteed. You get a standard .article. And we
guarantee delivery Christmas morning or when
ever you wish.
The famous Lester Player-Piano is
easiest to pedal, easiest to accent and has
a wider range of individual expression
than any other player. Its player action
is made entire in the Lester f actoriesand
is used in the
Lester Piano only.
The Lester Home Grand occupies
no more space than an upright, but
has a great depth and breadth of tone,
enabling any one to produce the same
effects as a concert player does. Its
exquisite touch, graceful lines and
superb finish make it the acme of
excellence. '
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The Lester Upright Piano is famous
throughout the United States for its mag
nificent tone, easy action and wonderful
durability. Only the very best materials K
and superior craftmanship enter into its
construction. Seventy-five thousand
homes throughout the United States give
daily testimony as to its merit.
Remember that notwithstanding the admitted superiority of the Lester line,
it is as easy to own a Lester as one of the inferior makes, because, being- sold direct,
all "in-between" profits of jobber and agent are eliminated. Our easy, confidential
terms make it possible for you to haye a LeBter in your home for Christmas,
All Our Stores Open Evenings Until Christmas
A. NORTH CO.
1306 Chestnut St., Philadelphia, Pa.
AVEST PITILA.
303 South 52d Street
KENSINGTON
3214 Kensington Arenac
CAMDEN
820 Broadway
MENTON
709 East SUU SUttt
NOBRISTOJVN
228 West Main Stmt
REAVING
IS North 5th Street
WILKES-BARBI5
170 South Mla Stret
. MAIL THIS COUPON TODAY
P, A, NORTH CO., 1306 CHESTNUT ST.
Philadelphia. Gentlemen;
Please tend ma booklet and complete description of Lester
Grand CI Upright U Player-Piano U
also details of easy-payment plan without interest or extra.
Pltatf mark with X tyh in which you art MtretUd,
Name .,.,.,,..,,....,..,..,,,,,, ,
Address
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