New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1854-09-22


Mr.. ScUDDgR-The names will be given.
Mr.. MAxwTLL-i know q large number Of stock
holders Who are unwilling TO anticipate the general
meeting.
Mr.. CLEvKLAyD--I understand this meeting to
reIresent Conaocticu; and TO be one TO ascertain
What steps should he taken.
Mr.. scUDDtR-ii it does not represent New-York,
! have 70 business here.
Mr.. MAxNzLL--Among the callers nineteen own
original stock, FIVE Schuyler stock and FIVE stock
at all.
M. BUcKLET-This being meeting of bona fde
stockholders. ohers cannot with propriety take any
part. | understand the Directors have defined who
viii be admitted TO vote in October viz the holders
Of the original three millions; which is correct
NE1cE-How are we to know the stockholders!
Mr.. BUcKLET-By examining their certificates.
Mr.. PEcKHAM-I bought ffty shares for one Of the
signers OF thin call ard learn they are spurious.
hr tLkyELAND-I understand the motives OF the
objection. We have come here TO reason together.
II n Lot important that ara definite action be taken.
The Connecticut holders have been long waiting for
something to be d4pe and all the reason assigned for
delay ives that onSsDirecior absent There has
been no attempt made 10 arrest Schuyler. The road
is Connecticut road granted by Connecticut char
ter. Ibis IL meeting Of Connecticut holders, called
in New-York TO accommodate New-York holders. /
do not that it is possible, at this meeting to find
out Who stockholders. i wish the gentleman
would withdraw bis motion
Mr.. BUcKLEY-There lie DO difficulty in ascertsining
Mr.. MAXWELL am satisfied every certificate
he correctly traced. In the meeting of October 3
stock presented. think there is .sctcal mode
here Of taking the vote.
Mr.. BrcELEY-I see Wal-st. well represented here.
Mr.. CLEVELAND moved az an amendment that all
gentlemen not representing holding stock withdraw.
4 NolCE-Who are to vote
Mr.. CLEvELAYD-I only wish to suggest that all
who are not stockholders should leave the No
one Withdrew.
a voIcE-There are some holders here who have
no certificates.
Dr. MARIE maintained that agents for persons in
Europe should be allowed part in the action Of the
meeting.
CHAIR-We must take the vote by ayes and noes, as
The meeting Isl but no gentleman will vote unless he
is a stakeholder or directly interested
Gro. W. BLUSr-The right way would be to have
each name report stock he votes on, and give his own
name. | move that as au amendment. Carried
The CHAIR put the original motion.
Mr.. MARIE asked if votes would be by shares
The CHAIR decided so, the meeting not Directing.
Committee Of three was voted by the meeting
and thot the Chair should appoint them.
The CHAIR named Mr.. Blunt Gen. Sands Seely
S. G. Buckley.
THOMAS DEYSY asked whether each should say
whether bis stock was spurious or not
Mr.. BLUST-No.
The CHAIR said he could not exclude any gentle
man from yotirg who gave his name and number of
shares
Mr.. Corr asked, Could the committee be appointed
to report the same evening.
The CHAIR said such was the motion; yet many
thought II impossible.
A VoIcE-The meeting called TO place matters
in the hends of new Directors. That cannot be done
here tonight The true policy is TO adjourn tall the
Sd of October.
Mr. maxwell would second that motion.
Mr.. CLEVELAND had seen the same game played
before would third the motion; but l ask the Con
necticut holders 10 remain. No doubt New-fork
holders representing 50 600 900 spurious stock, are
sensitive. know three Directors who became so on
one share-Wm 7. Burial, Jonathan Sturges and
Morris Ketchum.
Mr. Blunt think there has been great deal OF
negligence on the part of the Directors. l think an
outside committee ought 10 be appointed to report on
their eedngs but think it ought to be appoint
cd tonight TO quiet the holders, who feel they have
been maltreated.
Mr. RUCKLTY-I see Wal-st. rules here tonight;
thank God il will not ruein Connecticut Applause
We have Courts and We act under injunction
We have the highest authority tor saying that the
majority cannot rule; any stakeholder can sue OUT
en- Injunction, and | myself will do II, II no other
does, until the meeting Of the Legislature
Mr. DEESY.-I do not think we cans come TO any
decisive vote here but the matter ought TO be dls-
used for information.
Mr.. CoIT-lf there be another meeting l hope 1t
will not be limited to gentlemen from Connecticut
There are enough present interested TO take some
mcasues for the rights Of tue road II Is clear the
stockio rs are Of opinion that the Directors are
the most udicious managers. l hope q committee
will be appointed TO take up the affairs oil the Com
pnuy irurn the beginning, even before schuyler
lime. We have now no books, no power until we
get q new Board of Directors.
4 melton 10 adjourn was lost.
Mr.. BUCKLEY-I got from the President To-Day the
foil, vim, information about the Drectors