New-York daily tribune., 1854-07-11

The creditors Of Messrs. De Iaunay lselin 4 Clark
have freely given them the extension their loans asked
isr and their business will 60 usual 1t believed
their assets present quotations viii leave surplus
over all liabilities Of $500, 900. Their securities mostly
Of hrst-class character
The nyesC alton of the Harlem books is not quite
peted, but further discoveries have been made 1t
believed that the extent of Mr.. Kyles known
The net loss the Harlem from Schuyler and Ky stands
- We have before stated about s35o0O0 Nothing
has been discovered in the New-Hayon Company. The
Directors have sting Wednesday, when the ques-
ton in regard 10 the action of the Company the false
stock will probably come up. Ii it should take strictly
legal shape, by means certain that the Company
bound TO recognize it, bu, in honor they can DO moth
ing but be bound by the acts Of their agent. The pro-
prety Of obtaining indictment against Mr.. SCHUYLER
will probably also up portion OF the Board feel
ing that the public require some movement upon their
part bring Mr. Schuyler, if possible, to punishment.
stochhoder writes to The Nt Horen Paladas as fol-
lows, touching the recognition of the false stock.
Nrw-YoRK AND NFw-H NEs RNLRoAD.-Some vi the
Wast papers appear 10 have come rather hastily 70 the
conclusion that the holders of the fraudulent stock
6ca,e pledged by the late President and transfer eut
for his individual liabilities entitled 10 be recognized
by the company stock holders thereby increasing the
capital of the company from 50 0o0 600 TO - 100000
But the charter OF the compaay, See 2 provided hat
The capital stock of said company shall DO - ooO O0o
with the privilege Of increasing the slmo 20 $500 )oo
cnd to be divided into shares OF 500 each which s,res
'shall be deemed personal properly and be transferred
lin such manner and at such places the bylaws OF
" said company shah direct.
Neither the directors stock holders even have power
to increase the number Of shares beord he prescribed
limit. How then il be claimed hat agent en-
trusted with the duty simply Of attending TO the transfer
Of shares authorized by the charter by raudulen,
certificate Of stock which has existence thereby eeo
what the President, Directors and Company have no
power By their charter do themselves rsty when
done by Others.
The charter Of this company is Connecticut charter,
and the Supreme Court of Errors have recently accded,
that the corporation cannot be esepred from denying tie
validity Of contract made in its by the agents of
the company, in pursuance OF known public usage ii
tse contract which the charter did not authorize;
e en- though the consideration for the contract had gone
into the treasury Of the company.
nhuerood that the fraudulent certificates oi stock
nyPopecad by the late transfer agent for the liabilities
OF the hrm OF which he q member being evidenced
only by ns own signature, issued in which
prudence. AsrocSnofprR.
In regard 10 the whcrcabout Of Mr. SCHUYLER friend
writes from Syracuse, under date July g. as follows
p. notice by this mornings rRrBrvr tae. the vbere
about II Mr.. Robert Schuyler vas mystery IN Nov-York
9. late As friday yesterday On thursday esening
friend Of mine a. my house. lie that dey from
albany In tho course of conversation he stated ;hAt
rend Of his had informed him that dsy the dag before
hat he saw NJ Schryle~ q. Fonda % he Cec a ,s-a