A History of the City of Brooklyn and Kings County, Volume II.Ostrander, Stephen M.
History
A History of the City of Brooklyn and Kings County, Volume II.
Ostrander, Stephen M.
Brooklyn (New York, N.Y.) -- History; Kings County (N.Y.) -- History
John T. Hoffman
Edward Ruggles
Samuel Booth
Alexander McCue
Martin Kalbfleisch
Charles A. Townsend
Charles E. Bill
T. Bailey Myers
William A. Fowler
Simeon B. Chittenden
Smith Ely, Jr.
Grenville T. Jenks
Henry E. Pierrepont
John Roach
Henry G. Stebbins
C. L. Mitchell
Seymour L. Husted
William W. W. Wood
Andrew H. Green
William C. Rushmore
Alfred W. Craven
T. B. Cornell
Isaac Van Anden
Alfred M. Wood
William Marshall
John W. Coombs
John H. Prentice
John P. Atkinson
Edmund W. Corlies
Ethelbert S. Mills
Arthur W. Benson
John W. Hayward
P. P. Dickinson
J. Carson Brevoort
Samuel McLean
William Hunter, Jr.
Edmund Driggs
John Morton
By this act power was given these incorporators and their associates
to acquire real estate for the site of the bridge and approaches; to
borrow money up to the limit of the capital, and to establish laws and
ordinances for the government of the structure upon its completion. The
capital stock was fixed at $5,000,000, in shares of $100 each, and the
directors were given power to increase the capital with the consent
of the stockholders. It was further provided that the incorporators
already named should constitute the first board of directors, holding
their places until June 1, 1868, and that after that the board should
have not less than thirteen nor more than twenty-one members. The
officers were to consist of a president, secretary, and treasurer. The
cities of New York and Brooklyn, or either of them, were empowered
at any time to take the bridge by payment to the corporation of the
cost and 33.33 per cent. additional, provided the bridge be made
free. An additional provision was made that the structure should have
an elevation of at least 130 feet above high tide in the middle of
the river, and that it should in no respect prove an obstruction to
navigation. In conclusion, the law authorized the cities of New York
and Brooklyn, or either of them, to subscribe to the capital stock
of said company such amounts as two thirds of their Common Councils
respectively should determine, to issue bonds in payment of these
subscriptions, and to provide for the payment of interest. It was
subsequently determined that the city of New York might subscribe
$1,500,000 of the total capital; the city of Brooklyn, $3,000,000, and
$500,000 to be paid by the private stockholders.
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