New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1854-09-20

To West Ind es, n. a Colorita Gc.lf5b 3,i55
Joel w. White, ESQ.,, nov the President Of the
Norwich and Worcs ster Railroad. or come other
eastern man, il talked Of for President by the stock
holders at the other end Of the route
TO TIE STOCKHOLDERS or THE NETWORK AND
NE"HANkN RAILROAD COMPANY
We, the ubcerslgDed. representing large interest
in the stock Of this Company have noticed with a
great deal Of regret that the present management for
rpasops best known 10 then yes have put of from
time To time the report We have so long and anxoasly
looked for and as there appears 10 be no disposition
10 make the Stockholders acquainted with the position
Of the Companys affairs, afford those Interested
any satisfaction regarding the overssue OF Stock by
the late President il Is deemed necessary that 40 ne
thing should be done To the painful suspense
under hch we all labor ard take such measures a.
may he required 10 place the sfsirs OF the company
in more satSfactOry condition
IL il now more than two months since the frauds OF
Mr.. Schuyler were 6Tst di.cove.ed and we are Just
soorsn, Of extent arc Saes' o, os a. @ 80
Nothing hes in that been officially made known and
here appears b disposition the part Of those whose
duty tia TO give all the necessary information, to make any
meeting Of the Directors called few days since for
the purpose Of PFC" NTH report relative to the ovessue Of
Qpenoe IL l. stated OF the absence Of member OF the
B9sd no @,eiins wa hs@ and q r.R.I made
"msketh the hesr sck aud il opinion that de-
srmined effort tbond be made TO take care Of our own
Upd.f the management Of the present Board Of Directors
Mfspdly defreciating
deprecated iis market value most materially and
that which worth par few moths since would not now
bring fifty cent? the dollar ~
Unless something Is done speedily and efectualy we shs
find nothing Of prosperous productive road bat rev
old broken locomotives and few dirty dngy shay es
The While line rsIdy decsying and the earnings fAPiay
decreasing. -,
Instead Of being Of the best pnyias roads in the sonhy
the poorest Fo the truth Of oar statement v" nave
only refer to the for August IL h0- 700 s 70
remedy all these difficulties We have the power sud u we
do Dot deserve suffer We went fa representa-
the Stockholders for the OF e1e pes.
ptetess the smallest ~ wen as me largest
stoekboders present IN person or by proxy ana ood deter
mined e1 precision OF opinion -, .-...
lou the rssept that the property OF the stock
holder has been used long enough for private purposes and
.ggrandzemtnt We to feel that Ia getting nd
~ seIuyle we have got rid Of th mill stone that drag
sing the read 10 utter bankruptcy ard ruin -
We want in fact place the New YORK and NeFr Haven
Railroad Comrsny where should have BEEN, In The front
rtnk Of divide nd paying Corporations.
therefore suggested by the undersigned that there be
meeting Of the Stockhodr Of he New Haven Railroad Com
pspy at the Metropolitan Hotel Ia the City Of New York on
fburdsy 81 1854 at O'Clock for the consider
alton Of all require and for
adoption Of such will place the management In
the whose administration will be for the greatest
rood Of the number 1t been close corporation
long enough
Stock specusors and wa huancers have bad too much
pwer be direction OF all Rarosd Companies and the
kewYork and New Haven has suffered than s proper