The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1849-01-29
The Gold Excitcmen

HOW THEY ARE GOING TO CALIFORNIA.
When the news of the gold discoveries reached
this city, and public attention was directed to the
land OF gold ore, the first impulse of those who
proposed to themselves a trip, was to take OF
number one, and depart, each on his own hook
Those who made the first start, generally speaking,
had no come ction with anybody else. They went
Oft alone; took the same steps that they would
have taken for any other operation. They did not
dream OF such thing as making any comblna-
ton, or OF forming any association to- 90 to Cali,
foInla, any more than they would haW dreamed
OF forming association to 60 TO Long Island to
pick cherries But few days had passed before
the public became emil htened; the discovery was
made that 1t was unsafe to proceed IN this manner
sipgle-handed and alone. 1t was dangerous, also;
man was sure to Ibe robbed OF his p,ckings out
there, If he saved his life. Hence the origin Of
mutual associations, and the forming of parties
composed Of not less than twenty, and not over
they. limited the number, fixed the value of their
stock at certain amount-say $3.50 to 81 900 each
share but no person was allowed to hold or own
share who was not n active participation, or did
not send substitute. Some OF the associations
do Rot even allow this, but insist upon all going
who own q share.
There Is a SOFT of affinity among proposltionlsts
that brings them in contact. No sooner would a
halt dozen get together, and find they harmonlzed
in regard TO trip to California, than adjourned
me eting was held, To draft ARTICLES and bylaws
Tor company. This would soon be done.
The iiitt article OF their constitution would be
" The California Proportion Mining and Smelling
Company
association shall consist Of not hss than rs, aud not
more than 40 shares, valued at - hundred dollars
each :,
Art 3-would provide that an iustalment often
per cent. should be paid the day Of subscribing;
which should be forfeited to the of the association
uness 40 per cent more be paid within ten days after
subscribing, and the balance whiting fifteen days Oh
subscribing"
Art 4-Would provide that unless certain
amount-say $4,000, $4,000, or $40 900 should be
subscribed, the agreement became void, and Of no
efect.'
Art 5-would inform the public that the members
had raid for their SHARES and signed the artislss
Art. g. Would classify the members cslling those
who actually should go ont, active nembsrp ana
bat thd psyes must send an active, to do the duty
done by all.
ore share, the passive members owning one share
might be a. many as they plrssedn several nstan.
ces active members have been known to have had
printed certificates issued IS low so CENTS these
they would dispose Of to those who know them. To
raise the necessary amount We own 10 shares at 80
cents each. In one active member who has gone out.
We shal insure his life. and did not, Art.
80 Of the Constitution In regard to deceased members
would bring us out hunk
AIT. SIS generally devoted to morality. "No men,
Der of the company IL allowed habituay to get
drunk gamble steal or have any improper connections
when he reaches gold valley It only allowed oc-
casonally"
Art. e-"Regards officers. A president, vice presi-
secretary Snd treasurer constituted from the
Ave frst who sign up Their duties the
tomary ones of such officers"
Art 1o-Makes . council Of o, "who have to cheek
the hnaNcisl operations receive and weigh the gold
ore This council IL divided into three sub councils
Of two each.
lst-To receive the gold ore from the common mem
btrs, CT oieetrs.
I'd TO see 1t washed and ready to smelt.
3d-To run 1t into bars and stamp the name OF tss
company ch bar Of pure goid with It's just weight
and the number Of csrets fine 1t IT, For this purpose
| proper stamps and other utensils are taken out.
Art l-Establiehesa constabulary OF police force