Morning herald. [volume] (New York [N.Y.]) 1837-1840, 1837-09-14

great fire Of December, 1885, at Masonic Hall, on
Wednesday, 18th September, Judge Scott was called
10 the chair and Dr. James D. Jacques was appointed
Secretary.
On motion preamble and resolutions were read
and unanimously approved. They were mainly to
effect the desired object Of recovering the surplus earn
ings from the hands Of the Receivers who hold the
| cash.
On motion that the resolutions be submitted to
counsel, and that they be published in the form ola
circular and in the newspapers of the city.
On motion it was resolved that tariffbe prepared
showing the quotation of each Stakeholder, and that
il be forwarded to each Stakeholder.
We will give few facts in regard to these compa-
MES. In the great fire. sixteen lost their entire capl-
tall Of these, all the officers in the Brooklyn paid
in full also, all in the Philadelphia, Boston, Provl-
dence Hartford, and Albany. The surplus now re-
naming in the hands of the receivers is about 475,OuO
dollars. This the stockholders think themselves en-
titled to- Their case is very hard. They are very nu-
numerous, and number among them, for the chiefest
part, widows and orphans the aged and the help
less Yet have they not nor will they, IN Their dis
tress make any appeal to the feelings ofhe charitable
As regards the surplus revenue the Vice Chancel-
lor has decided against them. Yet is their claim SO
seemingly strong-so founded in jusce-that part
of them are determined to test the decision OF the
Vice Chancellor by arguing the case before the Cham
cellor and carrying it, necessary to the court OF er
rors The whole expense of this, it is calculated,
would not exceed 500 dollars and it involves ques-
ton of half million of money. Among each OF
the stockholders the sum necessary to carry on the
ssit would amount to comparative trif1e-so email
indeed that the loss, if loss there should eventually
be- would be next to nothing extra while the chance
of gain of recovery, the fair chance, is considerable
If the suit is not carried on the loss of the whole is
inevitable.
We are rather surprised that John Jacob Astor
does not make some stir in this busness-lf we un-
derstand correctly he is stakeholder in one or more
companies to the amount of about 100000, which
stockholders are answerable in their private properly
for the amount of their stock Now should Judg-
ment 90 against the stockholders, should they fail
of carrying up the for the decision of his honor
the Chancellor, then suits will be instituted against
him for the amount Of stock for which he is liable.
1t is most certainly for his individual interest to
come forward in this and carry onsnce the sue
cess or failure of the contemplated steps will either
ties.
cast HIM in or absolve him from, his existing labi
For our part, it is impossible to say how events
may turn out But certainly, think that the stock
means to recover the half million of surplus earnings
We hope and trust that the aged and helpless, the
widows and the orphans will prosper A long pull
and strong pull and it may be done-done, and at
very rrhing expense Put your shoulders to the
wheel, gentlemen.
TIE SHIN PLASTER NUIsAScEs.-The evils of
shnplasters, since the unprnciped Bank SUSPENSION
are daily increasing 1t is utterly impossible to emu
merate all the complaints. Take the following one
Mr. BENNETT Iow long the honest people OF this city
imposed by those unprncpled sbavers who force
upon each and every those sbemnabe Philadelphia shin
rlasers tor change when, at tine same time, they refuse
lake The which they give cut in change for good
have given hint u Their conduct, and now give
ample in detail to open The eyes OF the public who have not
some few yhis since my lady to the Bow.
cry theatre called for tickets the time handing in
se sarn sq's S e
on hs r @ on e @
Garden, Phiadelphiaand fifty cent bill which was also
it, surprising il 10 be by hands, and fearing
ILL., passed into the Theatre and spent my evening agreeaby
The day discovered wha, kind Of money bad pamed
the night before and resolved to attend .he Theatre
that night for the purpose OF getting rid OF this money
presented my dollar bill and asked for ticket The bill
handed back and ycice came through aculans these
ss Il. 40 They not my reply
any more hnp " reply DO not Oh nav
4 non tbs rep being made left the budng-and here
must add that have the least doubt Of their having
present hundred dollars OF this
money which they seek opportunity OF paiming
on the community. 49,,
Last evening called for 20 the Bowery The.
are, he said going to he Jim Crows benefit
consented to 20 aganmy win fer consider the Theatre,
under the present management unworthy NE patronage o
tickets and presented them two dollar bill They
handed back with the tickets, fifty cent Pbladel
phia shnpaster which refused taketelIng them at the
time Of the imposition they palmed ON me few nights
il will go al the bar up sairs-he suppong doubt, that
al possess tplng habits consequently must spend
all the change the bar which received at the diamond
How long viii ask, these things To be tolerated.
think hear the public respond" NO ongern0 esgrr-
will rise honest should do, and dcounenance
themr
In Wall street there are three or four Associations,
pretending 10 great strength and solvency engaged
in issuing shnplasters under the pretence that such
trash is much needed in the city. Throughout the
city probably forty or fifty individuals also en-
gagged in similar practices. Now it is well known
fact and the daily imports of specie attest il, that
this country never possessed such quantities of specie
as il does now. The pretence of scarcity Of change
is all imposition and fraud. but where is the remedy
In Buffalo the Grand Jury has indicted whole batch
of spurious banks What is the reason that our
Grand Jury is idle There are spurious banks
enough in this city to call forth the action Of egt
mate authorities. Let them be brought up.
DEAR slRl have read and was much pleased with, your