The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1847-05-27

plsn Of Dr. Andrews wasyhs thought Q feasible one
Of the nesting Under that proposition the institute
would be under ~ many Safeguards ~ in any other
manner
marks Of both Dr. Andrews and Mr.. Fleet that there
wss in reality no difference between thsm. There ex
listed little misapprehension, aud that's all The
mttee thought they meeting the views Of Doctor
Andrews by asking him TO give his individual paper un
considered that it was carrying out the spirit Of the
third proposition. He doubted very much if Dr. An
out each giving some security to the other.
Mr. GREEN then requested the secretary to read the
third proposition and the proposed constitution under
DR. Andrews said the Institute cannot be carried out
according that proposition, without the
of Others He several inventions before h five
OF which at all events he could select and give the
authors q share Of stock each There would tn. be
board Of drss.ors Olive That one plan but there is
willing 20 into it with him. but he did not want that
lie wanted to bring it before the public aud did do it,
in order to inventors know all about it, In order
bring the business close he gave notice that he
carry it out himsef under the Sd proposition but he
would ut first viz $40 600 the valuation OF thc
mtes He would put it in at 900 and issue stack to
that amount OF which he would take the greater part
the first day of June next would be the last ~ within
which they would have the opportunity OF subscribing
taking any part In the establishment OF this Invent
Mr. FLEET said he did not know what use there was
in taking the question adopting the report after what
In reply the PRESIDENT said that the motion pro-
per- the meeting can establish an Institute
similar to the proposed irrespective of Andrews
Mr. CLIFFORD thought the meeting had right to adopt
reject the report He was sorry to hear Dr. Andrews
speak the way he did Of the fairs because, were 1t
those fairs thousands would never see the inven
tions exhibited at themL
mir. Porter said that from what has been Observed
be thought the report cannot be adopted
The question OF the Adoption Of the report was then
taken, and it was rejected unanimously
Mr.. QUINCY then proposed vote OF thanks to Dr.
Andrews which unanimously passed.
DR.. Andrews then rose to make proposition, viii CHI
he said would be final Before making 1t, how
ever he would return thanks for the last He
that his third proposition be- taken IA the basis OF
the In entors Institute with $40 900 capital that
subscription list be opened immediately meet
ing Of the stockho ders be held the nrst Monday of
June to elect board Of directors. He would put In his
property at $25000 and will take 900 worth Of the
stock himself
Mr. PonrER moved that the third proposition Of DR..
Andrews be adopted by the meeting.
Mr. CLIFFORD enQured if the constitution, under the
third proposition included in the motion-to which
DIR. Andrews replied that it was.
Mr. QUINCY said that by voting on this question, the
meeting would only give an expression OF opinion on
not BE- expected that the meeting would sanction that
constitution without knowing whether 1t was In conso
nance with the spirit of the laws of New Jersey.
DIR. ANDREws' motion was then submitted and carried
unanimously.
Mr. Porter moved that all who were willing to SUBJ
SCRIBE be invited to put down their names for the
amount of stock they were each willing to take.
Before taking the question: Mr. CLIFFORD moved that
drews In establishing the Inventors Institute which
was carried unanimously
Mr. PoRrERs motion not having been seconded, the
said that he would like it to be passed. because
1t would be doing business.
Dr. ANDREWS said, there need for doing it
Before making a motion to adjourn he wished to
impression which formed from his remarks
as he judged from what one Of the meeting said. He
did not mean to dsparage, or in any way oppose the
American Institute all he wished to say that the
Inventors should and ought to have an institution OF
their own.
Books of subscription to the stock Of the Inventors
Institute under Dr. Andrews resolution opened,
after the meeting adjourned.