Vermont watchman and State journal. [volume] (Montpelier, Vt.) 1836-1883, 1851-09-04

event but he thought they might be disposed Of
at a less rate Of discount. lie accordingly pro-
posed amendments TO the motion, to the effect
that the bonds should be- issued at not less than
par, and should for ten years, instead of three
years.
Several gentlemen spoke TO the subject of the
amendments, but the impression was general,
that the terms first proposed were the best and
these, with other amendments, as to the terms of
payment, were successfully rejected. In fact,
the only difference Of opinion seemed to be as to
the conditions Of the bonds No one seemed to
doubt the propuoty of authorisng the issue, or
Of tClr being taken The hour was growing
late, and the question was called for The votes
were passed unanimously, save one dissenting
voice from Mr. Hayes
Mr.. Quincy then stated that subscription books
were upon the tables, and though the stockhold-
crs would be called upon Individually, he wish
ed that those disposed would sign. Upon this
announcement, numbers crowded to the tables.
The first person who presented HIMSELF was an
aged and venerable gentleman. who seemed Ike
one Of the revolutionary heroes, and who had
seemed anXious for some hours, for the oppor-
tuuty As he sat down TO sign. Mr.. Quincy re-
marked That THIS was "stcond declaration Of
independence The remark was received with
shouts Of applause.
While the signing was going on. much good
humor was unfinished and many Jokes were in
obliged no some at the expense Of the gentleman
with the five shares, and many were anxious 10
know whether bee was going 90 take ms proper
ton of the bonds. We understand. from the
Treasurer That the subscriptions amount TO
S3COtOO. Indeed 900 one can doubt from the
spirit manifested 40 this meeting, that The stock
holders in Vermont wfIl take their full proper
uou OF these bonds. Some Of them even came
20 the meeting with their money in their pockets
to pay for them; we slw quite pile of godn
which the clerks bad received from subscribers
The next business of the meeting was the
choice of Directors While the ballots were be-.
ing counted. Gov Paiuc took occasion to make
some remarks upon the various false reports
which bad been 90 circulation On reference to OK
pendnurcs at Mortified and rofnted the orrone-
Gus statements 90 the satisfaction Of every one.
as we believe. lie showed that the property
which had been taken for the depot and build
ngs 80 Nonhhell. bad been taken at the yalua-
uon of the commissioners and That as to the
property recently purchased ofhm fora machine
shop. he had been offered for il after his offer 10
sell TO the corporation. and while they were de-
batting tine cNpediency OF the purchase five thou
sand dollars more thau The sum for which be- had
sold it 10 the company. We wish that sny stock
holder who believes the truth of any of the false
statements ia reference 60 expenditures OF North
field. would visit the place, and see for himself
We are sure sure be would goawav feeling sat
isiied that all the expenditures here have been
made with JUST and proper economy
The result of the hlllotng showed that the
old board bad been reelected almost UNANIMOUS