New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1854-11-09

words with respect to the resouto he was about %
nre,ent One should speak Of nimself ~ little pos
sible lint perhaps there prop'iety Ia his pre-
seutpg those resolutions, a. u was wei kno gn that
he entered a caupaigD against Robert Schu'ler a.
long ego o. lsi9. and had never taken OF hi.
since Let il not DO seid thai he nos ,uld kick
dead lion Tor he bad encountered the lion in his
strength II the resolutions introduced in $40 which
were 80 courteously rejected on thst occasion, hld
been acted upon, we should have been saved the
modification and pain and trouble Of this meeting to-
day and should nov have bad rsilrpad in the Jst
feurishng circumstances possible. He woud only
add that these resolutions met not only with biz
appreciation. but with the unanimous appreciation OF
all the other members Of the committee
Keted That the Directors be- and they hereby re-
qusnec form Board, by Successive rssgnson. .nf
By ng vacancies agreeable TO the oh section Of me .e' Of
Received Ira, the following person. b.. and they are here
f poPo;sd q. suitable ee.'h' to gu .a9s Go
w. Miller N.wYork; oepb. Kimberly New i.vsni SH9'
Lyon GreeLwieh; Peter T. Homer Boston, "m' W. D''
R,oed Thai we approve Of the tn Director. ia
SCI Be,rs No and WOOD and recommend said ooin-
guide seOR aud tbs. ~oald Dc
unws pedent hazardous FIR this meeting TN, cor
poraon its directors to Dpt IN any i9 70 se ns
stockholders burden which neither the IL" nor eay IN
R,ssd That the Director. requested 10 engage she ser
ss. ea1ns With Me Move. and wood defsnd ID.
corposion in ell which msy have been or may be
Geo,ge W. BlHht. of New York, offered to read the
resolutions adopted at the meeting of stockholders 10
Uuiversty Chapel, of which an abstract will be
foupd in The TRIBUNE Of Nov.
Mr. Buckley in Directing, said that he understood
perfectJy well what the object Of the gentleman
Now they could only act through their Directors;
and he wished to say word o relation TO the coudi-
ton in which they we're placed with regard to any
compromise. Ii had been made public that the pre-
sent sctng Board Of Directors held two shares Of bo
gus sock for of genuine. Were such persons
proper to repretent genuine stock IN negotiation
frls ~. n f..
portunity of making both side- Of the bargain The
FIRST thing was to have Board Of Directors who
could represent the Company.
Hr. Blunt was very glad that the gentleman under
stood his views. 1t was more than he did He then
read the resolutions part of his speech, aud con-
tiDued These resolutions represent $3.50 900 OF the
stock. The meeting called by those interested
in the fraudulent stock. He believed that lawyers
were honest as the general run of distinguished
men. He, and those whom he represented. wished to
save the money of the Company from being uied up
in litigation.
MI Buckley thought that that meeting should un.
derstaDd precisely the character OF the meeting al
which these resolutions were passed. He found, by
the public papers, that it called as meeting OF
the old stockholders. He would ssy-and he held
the proof in his hand-that that vas fsead upon the
public. Here was list Of the persons appointed by
The Chairman hims,lf. In the first place was Mr..
Vermilyei He set do~n as owning 100 shares OF
good, and 800 of bad stock. II was afterSard con-
Guided, to save appearances, to Leave him out
mTs
that those only who held old stock voted, or we're
nominated Impeachment Of motives seemed to him
to be entirely out Of place.
Mr.. Buckley woul1 give another fact The name
of Vim. 5. WetmOIe who owned 400 shares of bogus
stock, was named.
MI Vermilye said that Mr.. Wetmore declined
TO act.
Mr. Buckley said that gentlemen were bound to act
honestly and tell The ath, not TO pretend that they
were genuine stockholders, when they held shares
Of bogus stock.
Dr. Foot was not disposed to dodge any question.
He had nfdeDce in our judiciary and was willing
that that matter should 60 there. II they decided
that he as an old stockholder had no more right than
a bogus stakeholder, he would bear it like man. He
was in favor OF the resolutions upon the table 1t
high time they passed. for the reputation Of
thin Road had been sinking new for syear past. The
HI owing began to leave that ship before Schuy
Ter came out with that stupeDdous fraud. IL We we're
to 90 into the. City Of New York and rob bank Of
sl0 900, before week there would nave been Pro-
clamatisn by the Governor, offering reward. But
Schuyler had committed a fraud unparalleled on the
face of the EARTH the stupendous fraud committed in
England few years ago was not pruning TO this.
The day after this fraud was discovered Schuy
Ter was at Rhinebeek, and who attempted to arrest
him Where is. our money understand
that 1t is lodged in the hands of broker
at rome p cent. Why not have legal Interest
IQuestion Question l don't believe that our in
teretts lOUked TO as they should be | am in ia
vor of no compromise. If they have claims against
il let them press tbose claims, and am the last man
10 plead poverty if it takes the whole road to satisfy
their demands. How was it that the partner Of Rob
ert ScbpyleI-he could hardly speak that name-hls
partner, The particeps crimns perhaps he went too
far but the receiver of his igotten gains, how was
IL shat be passed az pure mai ! He poke plainly
but be felt d .ny-Mr Phebix was large holder Of
good stock ana be had no bosss STOCK. As 70 money
being deposited in the hands of broker, tasre ras
but very little money in the hands Of the Com ,any
What money they had was deposited ia the American
Exchange Bank and in two Connecticut Banks.
The Chairman read statement just received from
the Treasurer:
bsve e.h hand In the American Exchange Bank 800
tsrmes Bank OF Bridgeport. ....,, 1000
Few-Haven lOSOs
Cash In q 600
nm ~. nh .....................si3s 800
- ~ ~ - - .ast. 5oO
nave 10 PeS On 'he inst $500
Total ...............,...........s94
This psysble In the month Of November On the
fret OF December $1,000 Il due for interest
As to The per cent interest at the time that they
had money in Ketchums hands. be gave as much as
they could obtain where else. With regard 10 the
apprehension of Schuyler it some time after the
fraud discovered before it decided that the
ofeDse criminal As it determined
that il was penal oheHse, select committee was
appointed ana secret service money Appropriated
They met in secret session every day with the police
We had bis house spotted men watching il every
hour in the day and hight. BY following second
hand Iockaway up the North River they came upon
his track but il became necessary for the police TO
make dive and the Iinatt.r was blown without Sc
curing him. As to offering reward, an anonymous
reward posted of O., 900, aud it was ssld that
within twenty -four hours from that tine Schuyler
out of the country. Investigation has been made as
to the $500 600 reported 10 have been secured 10 his
family, without results. Mr.. Buckley woaid like 10
ask why the same course was not pursued in rela.
ton to Schuyler that pursued with other cTini-
Dalss Why should the police Of New-York alone be
put upon his track, and not reward ole Cd sufficient
10 eplist the police Of the whole country aud Of En-.
rope in bis detection He left, for which
be would Lot attempt to explain 10 the teudcr
cies OF the police of New York alone. The gentle
man OH linking bis seAt NOV I'D the preyiOus Qu.stion