New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1845-07-09
OFFICE OF THE \. YORK ERIE RAILROAD Co.

New july IN 4-fD
To The Board Of Directors of The y s Erie Railroad Co.
GENTLEMEN: since the dsre Of the Card published by
me on the 9Th instant in which rendered my resisna-
ton TO take effect soon as bona tide subscriptions
amounting 10 three millions of dollars had been obtained
and accepted by the Board | have received letter
signed by eight Of the Directors. VIZ Arson u fheps
A. : Owen :. c. Marsh. Benjamin Loder Henry shell
den Dan :. Miller silas Brown and Henry suydam "
from which. and from subsequent conversation win
several oi them, and from additional note signed oy
three understand them 70 say.
That they feel 1t to be their duty TO the stockholders
and the public. express TO me their conviction tha'
preudces against me which they believe to be Unbound
ed have become general tina, while | remain IN my
present position the needu subscriptions 70 the stock
Of the Company cannot be obtained
That il | Will now retire from that position my place
can be supplied by unexceptonahe candidate, VINO Il
not exposed the Ike preudceshy having AT any former
period been connected with the Company
That the shOrtncs- OF the time limited IN the recent act
of the Legislature for compliance with some Of is pro
visions renders All immediate change desirable
That they therefore hope that in view Of the general
interests the undertaking will waive all personal con
siderstion and at once resign
And thai, in Of my compliance with their views In
hi- report the required subscription OF three millions oil
dollars and will be promptly obtained and mat tney
a. Directors OF the Company, are wiling 10 De hed re-
pon.be speedy and entire success IN respect TO the
said subscription.
Now therefore a. in returning the Company at the
solicitation OF large majority OF the Stockholders mad
not and have present any other object than 10 pro-
mote and secure the completion Of the Road az IN me
present state opinion the part of many OF the d.
ociors such action likely TO take place without the
concession requested OF me. 10 result in prompt sue
cess 10 the subscription and ss am authorized by Sc
vera OF those Directors individually as wen as oy tner
on otter distinctly to understand that they do and will
hold themselves responsible to the present ctoc khoders
and the public speedy and entire success IN obtaining
the required subscription OF three million oil dollars,
trusting 10 the pledge thus gwen by them tender TO the
Board my present resignation President OF the Com
pany.
Al the same time take occasion say that the al
legged prciudces involve the grossest injustice and igno
rance-that they Fictitious and urscrupuou and as
believe owe their prevalence those who have -ensn
and sinister objects The anonymous statements, ru
nors and nsnusons which have been put forth rom
time TO time years past well recently are one and
ALL so far at have been made acquainted with them VI
terly unfounded and unworthy of regard No one, hon
est or sase has attempted to substanaIe any OF
them no Legislative or other investigation has brought
them any confirmation. That my resignation should &C.
casion an entire partial cessation OF them is per
hans more than can expect: If it may by early COM
peon of the most important horOughiare IN the country
shall be satisfied. Respectfully -
TIFaZOR lord