The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1854-10-04
THE SCHUYLER swINDLE.
Meeting Of the Stockholders Of the New
York and New Haven Railroad.
an Exciting Fight between Massachusetts,,
Connecticut and Wall street.
The Police Called In to Sustain the chair >.
RESOLUTIONS AND SPEECHES,
&C., &c,

special meeting Of the stockholders Of the New York.
and New haven Railroad held yesterday morning at
IL O'Clock, at the apollo Rooms, in accordance With
the following notice previously published
special R%i e old
S a. sssn 81 az sfssssss IL ' Ely q &
the Fraudulent BY
s sna
other business proper for said mseting-By order
WIN W. BoARDMAN, President pro- tenn.
The meeting IVES well attended, there BEL g present
about four hundred eteckholders-W ". Boarimau was
called to the chair Upon taking the chair he addressed
the meeting upon the objects which had CALEB them
gether He said the issue Of Robert schuyler de-
manded action and what action, TO decided
by this meeting. This issue great loss TO-
somebody, but to whom or what parties, ws
now here to determine. Notwithstsn lin; this
heavy demand upon the New York and New Haven road
It must be borne in mind that the road yet uinsd il
all ts unequalled prosperity. Tho State Commission
said lately In passing the road there not .
better road in this country He thought best in
smicabe way to settle their difficulties without going to
law. AL business knew that the law should only be
rssorted to the last remedy by those wha had any
regard for their pecunary interests He had endeavore
to do al he could for the benefit Of the concern at the
head Of whch-unfort- nately for himsef-h had be n
placed thorough Investigate into the lac fr.ais
had been instituted A capable accountant hal bsen
appointed to investigate all the circumstances connected
with the issues and he believed 1t had besa Ascse-
tanned pretty clearly 10 whose hands the was held
He thought every share of it could be traced to it,
ment Of the conflicting views entertainer BY the
holders q the genuine and the frau iulent
counsel patience, fo1besrance and good feeling.
The Directors had not attempted to decide the
-h., serupuously done nothing beyond taking proper
The Directors wanted the counsel and 0-0perston Of
the invoked their adsce-aad Of all
psreasd and somsbody must e the loser rSs
could be no doubt Of that But he thought s,me SOFT
tics no matter on whose shouldsrs Il might IAN to a.
levate the burthen. There two parties assembled
therehoiders Of the good stock and the bad stock K
they went to with each otter it probabs hing
hoped everything would go amcably and the great
holderr which was now before him. Gertiemsn, Whist.
Several t voices-sYes," ayes = ~" ''Ao'
CHArRMAN-The Secretary will now read the report
Ibs secIetaIy Mr. AHzRSEHY, then read the report,
HERALD and which before this meeting In priated
form, and circulated throughout the audiences.
learned counsel to the liability Of the corporation for
the spurious stock. Shall that be ieadS
however asked that this opinion should BE- read
The CHAIRxAN-Gentlemen, there are some here who
anxious to hear th. legal opinion. It shsn b read
The SECRETARY then read the opinion Of George Wood
lished in the HKRAD.
Mr.. BoARDMAN-some Of the spurious certificates, It.
may not be generally known were signed by Mr.. Wor
then after Mr. Schuyler had been taken sick He would
also say, in reference to complaint that the meeting
was not held earor. that there was no power copsu
uonaly, to convene them earlier. He though this
NECESSARY on account of thu he nat
heard that the meeting was not caled ct earlier
AZ soon as their accountant placed the BOOTS essay
Tor the meeting into the hands CT the Board Drec
he meeting immediately called at the expiration
OF three weeks the length Of time required to be
In calling meeting Of the stockholders by the by Ia Vs.
Attached to the report Of the Directors was schedus
giving the gross receipts Of this railroad tn opsn-
ing OF the road to August 3D. l854he weekly resu ns
being given through this period From this sche ,uls
We make the following table Of the gross receipts OF ths
road in each year.