New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1857-12-10
MEETING OF THE STOCKHOLDERS OF
TIE NETWORK CENTRAL RAILROAD
COMPANY.

In response to general call about fifty of the stock
holders of this road met yesterday at the City Hall,
Albany to consider the subject of the management Of
the road and present list Of directors for election to
be held thai day. AT l0l o'clock MIR. DAVID WAGER
of Utica called the meeting to order, and named Mr.
Geo. T. Trmbls Of New-York for Chairman. Messrs.
James So or of U.ics and Asa Sprsgue Of Rochester
were chosen Vice Presidents, and Mr.. Hatchnson OF
Utica Secretary.
Mr.. THEODORE DEHosE OF NeT-Yofk then pre-
sented series Of resolutions which are 10 general an
amp fcstion Of those adopted at the late meeting in
New-York, Offering few explanatory remarks upon
them col seeuiytly. The resolutions s. subsequently
amended re ad as folows:
That the here present recommend to
the sao Of Dees9r that the aggregate snous Of stock aud
without the consent Of majority In interest OF the stockholders
B.red That no subsc ption Endorsement lease other
Implications shall be mace for or with any other CHPofs0n
Rersd That we approve Of the practice Of purchasing for
the hi. CorPoroL by Committee Of the Directors or
I Of tb aud the pssDs upon and certify
ns BY raid Committee to the CORRECTNESS. Of all bill. befof
pesentstion to the without tho certificate " '0c0
R.olred That all tree ticket. should be abolished.
tors shall annually at lest thirty days before the election Of
this Company and thai they employ two or more vel med
accountants at the expense OF this corporation % AID them
lex
hodsrs to be held the City Of Albany least twenty days
before the election which meeting me names OF STOCK
snd spprvsd Of BY said meeting: That ~ Desno Albert
GaIstin s.ebbns. Cszenovia Il Tracy bunaoj ;. Il
Clark Utica J. r. Moore and 'sehs Ten EJck De sach COM
Rs.orsd Tia. the President and Directors hereby re.
city prior election 10 hear and examine thc az
70 consider The psst snnuai Of ns
dscuss subject Win the ROAD Oh us
Psed That stockholders be requested to attend in person
tn
eIty That by personal atten'a whoeons check
kept up between sockhoders their Board Of Directors
hs ood and al broush. 10 bear upon toe
past and plated usnscons o. the
% he .snsal ors Il il. mar agernent and thu. il inspired
w all reasonable and necessary confidence and does not eh
Pd 9hst the system II proxies and the psrn,cOus
concentrating these IN the hands o. eiseT's onoe,
eonabe and proper check between the stockhoders and
their ssentI That while all reasonable power should and must
necessy be vested IA President and Directors r the year.
r The e sgement Of railroad OF any other corpo
PrOpty an account Of these s.stdInP should Do rem
Mr. DEHog stated that the election for Directcrs
would occur between tie hours Of eleven and one
O'Clock, ard bis desIe was that action should be
tax en- on the resolutions at present. though ne wished
that discussion on their merits should then proceed.
He proposed-what was generally understood-that
the neetrg should ourn in time for those present 70
vote for Directors, anc convene again In the afternoon
Mr.. HosE read a LIST of names 70 be voted for for
Directors which is that already published exceptthat
Mr.. Chas. A Mann substituted for Mr.. Seymour,
who permptorly declined.
general discussion Of the resolutions then began
A GENTLEMAN recommended increased rates OF
transportation az measure calculated more than any
otter to affect the vital interests of the road
vas matter which demanded earnest attention. In
cdeptn TO this subject the want OF naI% n ny
between the two great riye ires ont Of ;,ho
the Western trsfic-the Erie and Central. II either
road abstes its charges, the other must OF necessity
rscede with il. He thought il woad DC ' 20 ~
point Committee of stockholders, 70 Keep al =.
e;a,;na go 81 rirsco,s Committee made up Of
Giscieet ard watcbful men would do much 10 oo'la'e
this difficulty in the future: h..r N. ras.
Mr. WAR; Of Uacs Wished % ssa bss ss Dss
~ So ntsc.ors ia preference TO others. The
Gentleman Who subui ssd the list had not submitted
kis grounds, DersEcoa Of duty Ia iusiavstsa sgsa@