New-York daily tribune., 1857-09-30

A PUBLIC MEETING OF the StoetAclASn>
"A Boudholders and Friends OF the NEw-fokk sstIaxk
RAILROAD will be held st the Of the h.scsssas
Lib,rv Clinton IIs insth-st, Broadway IRipAv
EVENING next October at " O'clock 70 take ins esaA
alton the condition and prospects OF the Company The o.
m,,e woud urge upon ell interested In s permAaso. ssS
the sb.oluts necessity Of general attendance.
WILLIAM wHiTERIGHT jr.
J9HN joHN srf@Skbi y oSSk6n. ssssssssu sS;s a.
NETWORK and ERIE RAILROAD con-
a. K. r:Sn .ss . sa'
9sd day Of september. 1851 No Is Broad .se s
Y.: 90 %ssa Sa Edwin .nd
aoi.n rT.'asn; Gs 's. be- ce%S.sy , sss
'"F RoS.Ts Ls.bsr se also addressed the meeting the sub
20 Or motion i q S 5. kas.ls;, ,.s, D.. =,
his Addr.. publication and that the 'smo be prr'sa I.
Ss.aIrsS TSa. Committees a stociboden aud soudsoe
be appointed the President and D,ctor ca ts
Se..rs Benjamin Iods wiiism Whesrshi, joea
ogIs md :s. & ss ss
loan would open the Office Of the Company NO. " "&
a., in the City Of New.Yora.
The meeting then sdjouIned , ,,e,,,., ,.,
". 7. JOIN soS. Secretary.
REPORT OF COMMITTEE.
s,des IGs snf's9S .nd soasSaiet: tie x
Company the 23i inst, at No. IL hrosdS ~ sss-
fSss they have had under consideration the object v
they % s.d r.d."s .ss I VIA s
the limited time aud unity woad rfnt esseA
om Il. 4nsncs cmbsassmen. which have ~
continue most preiudicisl sesAseas
Of the stock and certain eIssss. Of Boud.
The unsecured Bonds: amounting 70 ~ 'sos.' =
snountins SlLcatco mskiDs In the seerss'e. eIlS@
will smost to have any market value unless mmedssR
l. The Committee would therefore reoonm.nt 70 AodsnS
Bond. unpro,.et.d BY nossse. TO come ,or.sa pS.s@
potion or the whole those Bends the Mortgage Bss
s August p%set aosss % sosa. wi, Ss
reasonable contingencies because %. sn',,s .sos.
ropsry is sss GOOo upon which latter amount ,s,sssa
cumsDe &C. prudent and economical msaasenent sss
far interest. This opinion Is ss.9d upon tas ssns'sy ~,
.iay E.1s E1s '''s '' ''''''' "n'' ''' W." ''
That h. unsecured Boudhdes who do not sish dsak
the their prsent Investment In this Bouds Of ~
COMPANY the Mortgage Bonds tbs
S tsai Of s: scd s.
portion Of their present while tn. rsmsndsr wosa
To the holders Of ih. C.pt. Stock tn. COMMITTEES v.us
Company half Of which can b. paid of in accordance w
bar1 psr wbi,h can pQ~ be purchased ysSow ,ss Oh
p,i.ed The owners Of the Stock can msis cssh sdvarcs
to the CoDpsny to moderate amount in psoposoa to the
These sdvsnts, tcnpsny .a beyond
Ss%osny soub. Se soun ef ,Ss ne. ss.ss soad n
trt the repayment Of these advances with interest," f
per Ou Of the proceeds ct the Losa vbes
The stoclhOIde xoala i.,ry receive the t.s.e u
the r III. value of their shsies which must n'msfsteJ
follow the relief of the Company from its present financial es
very important feature in tue proposed Lo.a which sAs
Committee think should not be overlooked, IL the aet thst
proposes increase tn. scs o 10. Cogesny1
the OF ouly sl o and tLs, snount tbs Compsny
rropose IN compl.ns vofk minus
Jersey City which will bring into practical wott st s
mense sdysnise and 90 Sh,ch yesy large suoan Of @s
The amour, required 10 cash. to p.y o6 ths Piosas -
10 small when compared to tie s0resste smeunt sasssy
vested the Rosd ssd h. actual cash sub crpion Of
l@ye the Company ell embarrassment and flrnss sa
plus conpIe,e its unfinished toe ferninus efsss
the city; thrown entirely upon the unsecured bocdhss
aud s'ockhodes the sGout required In cash would A ss
IL the who,, ssked subscribed ct eafe ~
in 20 dsy' th. advance In the market s.1e OF the
bonds would BE- st Last the wnoe suount OF As
Afsr careful consideration Of the whole subject bsSs"
then and Of tn. large eed In this Wort
with its yearly growing importance the City Of New io
and how small comparatively !. ,eauIss 70 rss
the Company FROM all and 10 Ss upee
sure oudston the Comuee believe that the pah
and particularly the Bond and s.ossnodeT' va, ..'s
roed ha, po.n. gp.n a%m a.aSs iss [
sqyise y IN. IL .Psns b.s fsy .s 10 ols
Of relief than the proposed and 'be5 caGnot s
promptly and r6iesJ response spplcssioa q d.
Psdep: and Directors 70 subsenee TO the proposed ts
sny prospect relief from the Of II. Cs-
r.nJ. NJ, Al . ShicI .nsp !: nIss:pseuury submitted.
hfS %5SEisM SSE gS!TSS.ronr HSSSs ,.. yc.--,,..,
}9HS I9HS H s;sS,sb seSSvsstE,
New YOrk, Sept 3. 1851
Mracmwrs, B.sx, N.wYo't sss. o -
Nj ChArka u