New-York daily tribune., 1844-03-10

Sih day ol JannaTF 1851 nsulted in the CROSSES.
manner Eefore closing this communication shall have oc
csson TO rece the appobeus ehets tina; you then employ
ID As reply has been received 10 suv one NJ The
communications that have heretofore addressed n and
you hvs refused either OF justify deem If 70
BE- my duty 70 state the grounds which you founded tie
and the circumstances which 10 IT, together
with some otherimpor;ent facts.
tetiton 20 The Legislature sigoed h- l.,os ,,b -
oc o b i@f snf psissE | q Bill uee The
alteration Of the charter 1taver was FORWARDED 10
on or about III hst OF January Si3 b the Cashier al rts
Bank aHdit vas understood that he 20 uss his eudearnr
to procure tie passage of Bill conformity with the praye
The Capita! Of The Mechanics Bank was Two Millions CT
DolaI divided into Eighty thousand shares Of Tweprv
lve collars each he sx!sIg provision In The ChaTt.r
reGn!aang The manner OF voting Tor Directors IL as fol-
lows
Tie number Of votes each Stockholder shall be accord
a to The NUMBER OF shares he shall hold in the proportions
following that sa each and every sha!a not NOR.
man en oneyote FOX syer FIVE shares twenty and
above ore hundred, one vote' -
~ objection, some Of ts stockholders nigh, have
had 70 ts provision in the Charter tn.t that none can be
,o'hd who v undertake 10 Justify The which
"aS attenpted 10 get It altered.
had been Director OF the Mechanics, Bank than
t"en ears anc have 70 recollection OF having heard
pof 10 inuaTy isl3 and t-h not anil after attempt
alter y had been discovered: yet you Gfr haring dtscp
taIg 1888 cas The first man THAT knew cf ,cto made oJ
jscon 10 me 1tsng precision in the chGricr presume
the following section would have introduced into
the Bill WhIc was reported IN Assembly January,
y inCOrpnTGIng
Bank passed niar Twentyihrd Eighteen hundred and
ten shq9 be f'td IS hTeby amended aio1c sech
such stoekholder at Ghy election V Directors If said Copor
his eendmea te effect of which would De to place the
control of the bank in the hands of large stocAhode)
by the Decors a, they had not been Consulted in 4oa 10
Y; the first lntilnaoa tha' they had OF Saturday
Boad oi Directors or Wru sday t eighteenth Of anuar
reso luton disappearing OF was offered pas-d u,ani
nou ;h yeas and nays being called you rofiRg ,cith the
BOGrf. yn "a
lowaltea TO he agent AZ Albany bu before reached him.
About this time had some with you on the sub
ec you enaked that the cud they pleased
professional seutietan said induced al
dress letters several members OF Assembly dated 27th Jan
ev w,reapproTed OF by ether Directors but the
day reed not 10 forward them fearing BY
dong the man oosct OF ts B might be thereby deated
vet al regular meeting OF he bo4TG OF Directors on Wednes
day 23th January when you knew that those
forwarded aud that twas utendsd forward them
from your aad fhe Directors charged
with having " c0ld5ie e,def bGcLhed-t 4, jesuit
ical assassin ike attack, stab the Tuta,,o Of pure
as he sun erer '0'ie upon T-, un- hat YOU mo-
for urrns TINS trde was 10 divert the oil
ofthe Bcak si be held on The second day Of .4pr
would il he vel for on TO 1y before the p"6ic tne eeE
that handed you vi furnish you with another If you
desire it. had supposed mat any mhSe, ~
against the passage oa Bill 10 alter important provision
The ecay when such Iteration had not asked
for bv The nor approved Of BY the Uirectryet
for exercising THAT night re OF the Directors elected ty
surprise the fourth dy Of April last and BY insulted
TO their Of the Board OF Dcto] the
day thereafter.
the first of Ap last understood that change the
Direction intended and accodancs with that under
April eng - day preceding tse .ectcn) and directed tick
cts to be printed with the OF The then drecor Yet
The evening OF the day you met IL conciive with ru
her o individuals where arrangement was made for eject
ing Directors by surprise and accordingly three OF them
Ata reguar ues5iog Of he Bosd of Directors on Wsdne
NJ s one of hr rctsd TrrectoI c.!e on you o some
panaon relation Tou conduct Connected with The
election af he had closed hs remarks from your
seat exutug and JmpouS manner replied as ol,
lows The elements in motion, and tcdS told that
had mutino and that 1t cod be lsGfe 10 proceed
10 sea toh them thus insulting the eced Directors By
treating them you stated The that
greater change tn Direction nten'ed bnt that you
opposed and added that 9n the Jay OF hs election you
held your pocket proxies for tnre- tGosand shares
which you did not vote; ct notwithstanding all t1's you
turning out the Directors Such ckery las already
stockholders great loss and calculate! destroy conf
dsscs other noneyed Institutions and bIing them INTO dis
And now for the letters about which you have sa, much
and have lab0red hard make the impression
unavorebe Directors were not tound to ask yanE
permission write letters nor 10 consult you as TO what
they might attemp; had been made 10 procure an al
of important provision III the Charter without
On the 274 January 1873, addressed letters TO several
members Assembly they submitted TO- aud approved
of BY thsr Dsctsrs out not .of reasons here
toore stated yet you made those letters Es-x for pouring
forth on me abuse and The 3s la auary aG-
dressed letters TO Senator's enclosed envelope
and them the hands OF gentleman and Requested
him to return them II the Objectionable clause IN the
Bill shou i'd b stfickeu Assembly, bat if not then 10
hand them Sena not hearing any thing from the
day of March again letters S-naofs and ard
ed them by mail tie three letters however returned 10
adjournment Of the Legislature; the letters Ill u sub
stance same and Contained plain statement II facts
Is; had the idea tina: the duty Of Directors
guard the nights OF the of sockhodeTS and not
aGs lsw al proceeding S'''"''su 0' geo GEO R lRE~TA~D ~
NKw YORK, MarchG. ISL. mill 2tlaw