The daily crescent., 1851-01-21

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"a - - aek tns Snels, oeilseteo neal
- n Ia ecn. lstusaiug hln tn1nks for IA
= '.an.ng es'sly re oolsctai ~
..' !. - 1snsskeds y conelusacn, that n
3 g sas uescesnss snd c'fissns could hke nc
~ tSe nnefsEs Wash pxcrsleiy, until the vews
g me present Siqm leny could be zsoerta'ned. ~
eaN INT NJ. Ed9ertcn was present and presum.
pseetEt Heard a Directors, be hoped he would
present them. &
NJ. nageftoa remssked that he did not feel
ssthcFlssd y spesk he yiewe and wishes of the
Vempany, but would give his own - one q the
stockhcldsrs and ! msnbsr of the Board Of Direc-
tors elected that day. H said he had stated dis
finally that he would not sssvs, unless i wss the
ln,sntbk y ~ Compsny y rebuild The hotel
Wil6nt delAy; md he believed that but ore feeling
"a aI1sne de members of the present Com
lr9sy He 6kStSd shat ~ charter authorized the
sal) y Woaty thousand shares Of stock Of twenty
N 5lA5s >6ch !, that thirteen thousand five hun
dttd had been sold, and the Company found it
unnecessary to ssll the remaining six thousand FIVE
hundred shares. One thousand Of the shares sold
he'd hsen bought in for account Of the Company,
leaving seven thousand i've hundred shares unsold.
e thouRht these might now be offered for sale. and
that the proceeds. with the amount TO be collected
from the Insurance Offices, with the foundations
already laid. and the old materials, would be nearly
or quite sufficient to rebuild the hotel. He knew
the pride which was felt in it by our citizens gem
orally. II was the most beautiful edifice he had
ever seen, and constituted the chief ornament Of
our city, Its celebrity was mot confined to the
South, or even to this country, but extended to
alunost every part Of the civilized world. He had
no doubt therefore, that our citizens would have ii
rebuilt il thew had to do il by subscriptions and
voluntary contributions that, however, would not
,e necessary.
Mi. Jacob Barker having appeared and taken |
,is seat in the meeting while Mr.. Edgerton was |
peaking. when he concluded, was called on for |
il VIEWS He said he represented majority Of |
be stock Of the present company. but he had not |
een authorized TO speak for the stockholders he |
He could only speak for himself |
He was one Of the stockholders and the Secre.
ny Of the Board Of Directors, and he was vii.
ng and anxious to resign and to sell out his |
He thought this would be the wish of all |
le Stockholders. and that it would be best for |
lam 10 do sos and to allow new company to |
formed, IN which they would become new
lckhoideIa to liberal amount. He thought the
lotel might be rebuilt without going in debt.
q was opposed to going in debt; pay day would |
'me by.and.bye, and he had no opinion of get
ng into the hands Of the sheriff The company
wed comparatively nothing. The books were
\ posted and balanced, to a cent. He thought
lat to require The new subscribers to pay $25
y share for stock, while the value of that held
the present company is only $l2 50 to Sl4
y share, appeared to be so unreasonable that
: could not expect it TO be agreed TO. For one.
J new subscriber he would not agree 10 it.
Id he should blush to require .uch terms !. ons
the present stockboders
Suhscrh.r. .,;d IL e. IL ...,. On ooo
sa'a ~ .of 'ne wnose So,ooo shares,
~ cnaf.es' at siS oU per share, would leave
lOu,000 Of the amount with the Company, for the
OO0 shares reserved stock, in addition to the
atad tn ho e. t. 4
,omnan;as IT,. ~ ca.s-.s '- .n'
.aur 'ae company would have the
mo- the foundations, and the materials liable only
y $4,000, payable in May, 1855, with seven per
ent interest, payable half yearly
BY this arrangement, he said, the new director.
ill have 100000 in hand with which to com
,ence the building. The other 500 mn ,vopla
Of be wanted in less than four. .ix. .nd s;oh,
lonths, and the present stock holders would nrob,
" give 4 credit ON mari If ,bs nrrchs.. af ~:
ock, and would also be likely to become ne,. .,h-
ribers on the same terms with their nepbbor.
reasonable amount: but he said he onlv .noLa
those he represented-not AZ 4 d;recto, hu,
iii confident belief tb,t All ,vo5la go. J,
=. e'y "tue money would be required on {
!. '..ns sAS SUBSCRIPTIONS.
- q - close ., Mr. barkers remarks, which
y. wiu, nuca applause,
r...i,.;.. :. an''en rose ana offered the follow
pSs-s''.s =, o
sons II srnosJ y, ~, q seven dlslnteresed
to ascertain what arrsne a. =, 'hs h ,nssL,
3 the present stockholders of the 81. Charles
eI company relative to disposng of their shares -
shs;. :" ..d company and further TO ascer' ~
ate. foundstons ,nats,;aIs st u ,nsa. @ cnal "a
mittee report to an adjourned meeting. O'
& further, That said COMMITTEES be in.
AZ ~ 70 raqu,is anu report what means are me-
:, ,cot;on &c NJ. W., usna iio'o' p
en-, .ll., -, \, - - -aei'o'' H'o oiuhh | II