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That the grantee is the owner of the premises abutting those to be conveyed. That the grantee waive any and all claim for damages arising out of the closing of the street or avenue.

The deed not to be delivered until the grantee has paid whatever taxes and assessments are liens against the premises to be conveyed.

The report was accepted and the resolution adopted, all the members present voting in the affirmative.

The S. R. Smith Infirmary-Petition of, for the Cancellation of Certain Assess

Laid over.

ments.

The Following Matters Not on the Calendar Were Brought up by Unanimous Consent: National Guard—Applications of, for Permission to Occupy Space for Recruiting Purposes.

The Deputy and Acting Comptroller presented the following report and offered the following resolution:

To the Honorable the Commissioners of the Sinking Fund:

May 3, 1916.

Gentlemen-I have been in receipt of different communications to the Commis sioners of the Sinking Fund from officers of the National Guard, requesting assignment of space to their respective commands for recruiting purposes. In all of these instances the premises requested to be designated have been under the jurisdiction of the various City departments.

In view of the fact that the requests invariably had been made for periods not exceeding a day of two in succession and simply called for the location of a ten: I think the different departments should be requested to give their aid to the National Guard in this respect.

I therefore respectfully recommend that a resolution be adopted requesting the City departments to allow the use of such premises under their jurisdiction as may be available for and requested by the National Guard of the State of New York for recruiting purposes.

Respectfully,

ALEX. BROUGH, Deputy and Acting Comptroller.

Whereas, The Board of Commissioners of the Sinking Fund is in receipt of requests from Officers of the National Guard for permission to use space owned by the City for recruiting purposes, and which space is under the jurisdiction of various City Departments; and

Whereas, in view of the fact that these requests are for short periods of time and are required merely for the location of a tent, it is

Resolved, That it is the sense of the Commissioners of the Sinking Fund that the Heads of the various City Departments in control of such space should give their aid to the National Guard in this respect and to allow the use of such premises under their jurisdiction as may be available for and requested by the National Guard of the State of New York for recruiting purposes.

The report was accepted and the resolution adopted, all the members present voting in the affirmative.

Dock Department-Alteration and Amendment to the Amended New Plan Be tween West 38th and West 42nd Streets, North River, Borough of Man

hattan.

A communication was received from the Commissioner of Docks transmitting for approval alteration and amendment to the amended new plan for improvement of the waterfront between West 38th and West 42nd Streets, North River, Borough of Man

hattan.

A public hearing being necessary, the Deputy and Acting Comptroller offered the following resolution:

Resolved. That the Commissioners of the Sinking Fund hereby fix 11 o'clock in the forenoon on Thursday, June 1, 1916, in Room 16, City Hall, Borough of Manhattan, as the time and place for a pupblic hearing in the matter of the alteration and amend ment to the new plan for improvement of the waterfront and harbor of the City of New York between West 38th and West 42nd Streets, North River, Borough of Man hattan, adopted by the Commissioner of Docks May 1, 1916, and transmitted Commissioners of the Sinking Fund for approval.

Which was adopted, all the members present voting in the affirmative.

to the

Dock Department-Issue of $112,500 of Corporate Stock for the Acquisition of Property at the Foot of Joralemon Street and at the Foot of Montague Street, Borough of Brooklyn, Recommended to the Board of Estimate and Apportionment.

The Deputy and Acting Comptroller presented the following report and offered the following resolution:

To the Commissioners of the Sinking Fund:

April 29, 1916.

Gentlemen-On April 6, 1916, the Public Service Commission for the First District adopted resolutions transferring to the Commissioners of the Sinking Fund for the use of the Department of Docks and Ferries, subject to certain terms and conditions, all right, title and interest of The City of New York in and to a certain lot or lots, piece or pieces, parcel or parcels of land and land under water:

(a) At the foot of Joralemon Street, produced, in the Borough of Brooklyn, in the City of New York, acquired by The City of New York by the exercise of the right of eminent domain for rapid transit purposes.

(b) At the foot of Montague Street, produced, in the Borough of Brooklyn, in the City of New York, acquired by The City of New York for rapid transit purposes.

(c) Together with all the right, title and interest which The City of New York, acting by said Public Service Commission for the First District, may acquire for rapid transit purposes, in and to certain other lands at the foot of Montague Street lying adjacent to the land described in paragraph b.

Excluded from this transfer are certain permanent and perpetual rights and easements for rapid transit purposes.

At the meeting of your Board on April 13, 1916, a resolution was adopted approving the transfer of the above mentioned properties and agreeing upon the sum of $31,250 as the valuation of the property described in paragraph “a," at the foot of Joralemon Street, and upon the sum of $81,250 as the valuation of the properties above described in paragraphs "b" and "c," at the foot of Montague Street.

In order that funds might be provided to permit of the payment of the purchase price of these properties, it is recommended that your Board, pursuant to the provisions of section 180 of the Greater New York Charter, recommend to the Board of Estimate and Apportionment the issue of corporate stock to the amount of $112,500. ALEX. BROUGH, Deputy and Acting Comptroller.

Respectfully,

Resolved. That, pursuant to the provisions of section 180 of the Greater New York Charter, as amended, the Commissioners of the Sinking Fund hereby recommend to the Board of Estimate and Apportionment that the Comptroller be authorized to issue corporate stock of The City of New York, in the manner provided by section 169 of the Charter, to an amount not exceding one hundred and twelve thousand five hundred dollars ($112,500) the proceeds to the par value thereof be used by the Department of Docks and Ferries for the acquisition for dock purposes of parcel or parcels of property and land under water at the foot of Joralemon Street and at the foot of Montague Street, Borough of Brooklyn, and adjacent thereto, as more particularly described in the resolution of the Public Service Commission, dated April 6, 1916, and as referred to in the minutes of the meeting of the Sinking Fund Commission held on April 13, 1916.

The report was accepted and the resolution adopted, all the members present voting in the affirmative.

Commissioner of Accounts to Make an Investigation of All City Owned and City Leased Properties, Etc.

The Chamberlain offered the following resolution:

Resolved. That the Commissioner of Accounts be and is hereby requested to make an investigation of all City Owned and City Leased Properties and of the Uses thereof and to furnish from time to time, as the same become available, recommendations tending to effect the more economical use of such property to the end that the amounts of all City Rented Property and of all City Owned Property, and the expenses therefor, may be reduced to the minimum necessary to conduct the business of the City efficiently

Which resolution was adopted, all the members present voting in the affirmative.
JOHN KORB, JR., Secretary.

Adjourned.

720-E-250-16 (B)

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 Thursday, May 18, 1916.

Present at Roll Call: Frank L. Dowling, President, Board of Aldermen; Alexander Brough, Deputy and Acting Comptroller; Milo R. Maltbie, Chamberlain; Francis P. Kenney, Chairman, Finance Committee, Board of Aldermen.

His Honor, The Mayor, arrived later. (See Note.)

The Minutes of the meeting held May 4, 1916, were approved as printed.

Dock Department-Assignments and Sublettings of All Leases to be Submitted to the Commissioners of the Sinking Fund for Approval.

The following was received from the President of the Board of Aldermen :

To the Commissioners of the Sinking Fund:

May 4, 1916.

Gentlemen-My attention has been called to the fact that the form of leases of wharf property now used by the Department of Docks and Ferries, contains a clause that the lessee shall not assign or sublet the demised premises without the consent in writing of the Commissioner of Docks.

This clause, while it does not appear so you can notice it in any of the recommendations of the Commissioner of Docks requesting approval of leases, is included in the last sentence of the recommendations which reads as follows:

"The remaining terms and conditions of the lease to be similar to those contained in the form of leases of wharf property now used by the Department of Docks and Ferries."

The policy of the city in leasing its water front property by private agreement instead of at public auction, was adopted so as to prevent the railroad companies obtaining a monopoly of the city's wharf property to the exclusion of the steamship lines, and to give the Commissioners of the Sinking Fund control of the city's water front property in order that the piers, etc., may be allotted to such commercial interests as in their judgment will be of greatest benefit to the city and the Port of New York generally.

For this reason it seems to me that any assignments or subletting of leases should only be made with the approval of the Commissioners of the Sinking Fund, by whose authority the lease was originally made.

Respectfully,

I therefore recommend that this procedure be followed in future, and offer the attached resolution for adoption to carry the recommendation into effect. FRANK L. DOWLING, President, Board of Aldermen. The Commissioner of Docks appeared before the Board and suggested that before any action is taken in the matter, an opinion be requested from the Corporation Counsel as to what right lessees of shedded and unshedded piers and other water front property have under existing leases and to submit for the consideration of the Commissioners of the Sinking Fund a draft of clause to be inserted in future leases which will carry out the intentions of the Sinking Fund Commission in regard

to the matter.

Discussion of the matter followed.

The following resolution was then offered for adoption.

Resolved. That the Commissioner of Docks be and is hereby directed to modify the form of leases now used by the Department of Docks and Ferries in so far as it relates to assignments and sublettings, so that any such assignment or subletting shall be subject to the approval of the Commissioners of the Sinking Fund. The modified form of lease as herein directed to be prepared and approved as to form by the Corporation Counsel, so that all future leases will contain a clause which will carry out the intent of this resolution; and be it further

Resolved. That the Commissioner of Docks be and is hereby directed to transmit to the Commissioners of the Sinking Fund for approval all assignments or sublettings

of leases of wharf property belonging to the City of New York, and in no case to consent to any such assignment or subletting without the approval of this Board having first been obtained.

The report was accepted, and the resolution adopted, all the members presen: voting in the affirmative.

Dock Department-Lease to the Western Union Telegraph Company of the Privi lege to Keep and Maintain a Cable House on the Outer End of Pier at the Foot of West 54th Street, Manhattan.

Withdrawn from the calendar by the Deputy Comptroller.

Board of Education-Renewal of Lease for, of Lots on Avenue P, Between
West and West First Streets, Borough of Brooklyn.
The Deputy and Acting Comptroller presented the following report and offered
the following resolution:

To the Honorable the Commissioners of the Sinking Fund:

May 13, 1916.

Gentlemen-The Board of Education, in a communication to your Board unce date of February 25, 1916, states that at a meeting of the Board of Education hel February 23, 1916, a resolution was adopted requesting a renewal of the lease of the vacant plot of ground located on the south side of Avenue P, between West and West First Streets, in the Borough of Brooklyn, on which are erected portall buildings occupied as Public School 177, for a period of one year from July 1, Lat at an annual rental of $300, and otherwise upon the same terms and conditions as contained in the existing lease.

The Comptroller, in a communication to your Board under date of May 16, 194 recommended a renewal of this lease for a period of two years from july 1, 1914, at an annual rental of $500, the same as now asked, and said report was approved an renewal authorized at a meeting of your Board held June 10, 1914.

I therefore respectfully recommend, the rent being reasonable and just and tax same as previously paid, that the Commissioners of the Sinking Fund adopt a rese lution approving of and consenting to the execution by the Board of Education of a renewal of the lease of ten lots designated as 1 to 10 inclusive, in Block 6631, on Wood Harmon & Company's map of Marlboro, located on the southerly side of Ave. P. between West and West First Streets, Borough of Brooklyn, for a period of opt year from July 1, 1916, with the privilege of renewal for an additional year upon t same terms and conditions, at an annual rental of $500, payable quarterly, for the placing thereon of portable school buildings; the lessor to pay taxes; the lesser to pay water rates, supply heat, light and janitor service, and otherwise upon the sa terms and conditions as contained in the existing lease. Lessor, Brooklyn Developmen Company, Care Wood Harmon & Company, 261 Broadway, Manhattan. ALEX. BROUGH, Deputy and Acting Comptroller. Resolved, That the Commissioners of the Sinking Fund hereby approve of and consent to the execution, by the Board of Education, of a renewal of the lease t the City, of ten lots, designated as 1 to 10 inclusive, in Block 6631, on Wood, Harmon & Company's map of Marlboro, located on the southerly side of Avenue P, between West and West First Streets, Borough of Brooklyn, for

Respectfully,

a period of one year from July 1, 1916, with the privilege of renewal for an additional year upon the same terms and conditions, at an annual rental of Five hundred dollars ($500), payable quarterly, for the placing thereon, of portable school buildings; the lessor to pay taxes; the lessee to pay water rates, supply heat, light and janitor service and otherwise, upon the same terms and conditions as contained in the existing lease, lessor. Brooklyn Development Company, Care Wood. Harmon & Company; the Com missioners of the Sinking Fund deeming the said rent fair and reasonable and that it would be for the interests of the City that such lease be made.

The report was accepted and the resolution adopted, all the members present voting in the affirmative.

Police Department-Renewal of Lease for, of Premises on Haven Avenue, Be tween 176th and 177th Streets, Borough of Manhattan. The Deputy and Acting Comptroller presented the following report and offered the following resolution:

To the Honorable the Commissioners of the Sinking Fund:

May 13th, 1916.

Gentlemen-The Commissioner of the Police Department, in a communication to your Board under date of March 20, 1916, requests a renewal of the lease of the

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