Show New Ness York h Uy Ry It RyNe New Ne York June 1 The company controlling the tho lunch holding under lindet lease In p the Manhattan Elevated railroad system Man has accord according lug ing to the tho American 11 control of nf the tue Putnam and New York by purchase from rom the Now ret York can This TItle audi 55 68 miles of nt road to tn th lines linos of or the tho The Thc of C money Involved hits hns to be lie learned put It II Is understood to tn curry carry nn fin absolute majority of ot the tho S stock Issue lusu There Therl Is I I also II o n II funded debt of itt o which wim by the tho New Nel Central Title This too Is Ii taken over overWork Work will stilt begin nt at once to Install the third roil mil system tem replacing th the locomotives now In me site anti mauling the running of oC traIns thin tho Unitary to covering a large area of at suburban residence property north of or thin the harlem river The Tue Putnam line owns the tue elevated II nt at n I street tr EI bit with the Iho subway will he tio established near Van lt Park the tIll Putnam OH as R a R feeder for or both huth tin thi underground and elevated lines The Putnam railroad was sas scoured courell scoured lIy by bytho tho the New Nes York Central In III 1896 alter after a it 1 sharp skirmish with sith another lint line do de desirous sirous of ot entering Manhattan 1 over OVe IU 1111 it track |