The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1857-10-29

A oAjour0e0 We0UnG o. W poooho4oeFD, 0ockhGoHGU
end f.ds q shs Es Railroad. was held Lest nisst -
AesossHis Library Aston place ne attendance, AousA
no, y .umcrous u ne former meetings was ssH o.
siderable. Tue ohAirxan, Uhas A Davis, Eq, aaasd -
tis would probably DO tho As time 4 which they wsAA
be called upon 70 do Tor she Erie Railroad wha tAGs
Interest aAd consequently their duty Ths ccen would
NV make s,atssneuts al what lad been done relative 70
the AiADs spssd 70 ths iAss meeting
Mr LAsHns said that WM mol easy 70 raise M milhem
u. Vsotves; bat expscssd thai hoy would assss n
r,as from others inc Ere road WA OF pubic ooose-
eua.ca n wHs worth hundred millions ton.h q tAs
per,ous, vi real esale Of the whole Slate. II employed
1000 men carried 40 900 pasfenseu, and $4,000 ton
CT merchandise day !n ino,ns was nearly, nearly ssvsa
debt and taxes bad last year paid II per cent On
10 :.oet sys ;s, srsf :as:,n Ne s's.
come sA' s. ,S.d ,: :,1Sf Increased year ssr
TSsSe We in he SINKING fund s., 100000 which ~.
s.ss Re paOh s:S sS sssdsa . sr.S
in giving TOO nish saanss Il tIst eason. ne ssEea:
,s.s 70, sssss sia'S sss "a
-four times and gSs no relief He c'nssuds NAV y ~
S s.s :s s:0d is:; u a. % H.
down, and make casu~ with this man nd vshas: fos
their o.n personal benefit he rad n se' "a
no ssary. is.: rsm,ndsd him q the storS or frsA
fidelity he placed the mos. impScs Esst in sss sSs
warming q bis risud' unit one day he met gentlsmnH
coming out Of s room ~ Dnas s.ass sr % s 1900
gar begn 10 suspect" (LAusbtsr) Whom b (H. -
saw people getting very rcA wihou. any salaries, =
NJ La.hers dsfsnned NJ Drew, who holds . norgxs
on The rood from the chA'ge sess hs vas about 70 de-
up brew msrgags and aidate The debt doc him,
. hat Drew: mossEse wsula not come IN before Ne
Do% ". os. ne v wsos
come In before the unsecured bonds. Ia pasAss
be- >. knew :: men g. drunk run. , With fss. but .ay
Ssns. c.nnos DO these days rhs road W ao xo.S !.
ocSd 6 sy h. sss ss
pus old Erie par wito Ae Bank OF England for par
e. ys ana ss
stockholders for shirsing the dsuW, while The darss-
mean. fhey wanted something done 70 night
vas absurd FOR sensible men 70 some here shFes
they had interest 70 pay on The nn mortgage bonds,
and had moi cent 70 pay It, BE thought q such case,
s 'G IL ss o. ns ana n r,g%
formation on any point they desired and not gcsway -
pArsny nu aed s1Prsa.ns ooaadeocs .ins 80
Mr. Lhers orphaned that coupons Of the company would
be taken II par for the subscription and the resi- 4 ~
money would be aiken at ,heir convenience.
for 81 900 The rolling stock and another @sIsaA
Itself for endorsements made and 10 be made for K
m.s b. NJ psS told him d that mS.
tsl mortgage. Goua .ppi.u.sJ Though . sum :
millions were vitality needed; and Mr.. Drew
could accomplish half million million and half nesA
VIII be entered and receiver appointed and ~
road will be sold subjsst TO the mortgages.
nr O. :. BAK,. moved vote Of thank. % W Dr..
FOR his kindness 70 he company and for his len ENJOY I'D
road. This adopted unanimously.
Has Ne Dx-ua ~ n~n<k luN hhskH 49, hA 49,
Of New York ,hsy shouli ~ nsin DE Ere rad whioh ~
par erence the New York road, and warned thsm ~
liver Railroad were In esgus take tho EAds iron
this city I, Boston tina, road was contemplated tron
Es = T. sDa NJ s -
would AXE hold q H. He contcrded hat Il vs. Ms In
res. Of every business man IN NE city % save hs rod
Along the road from this oily 70 Dunkirk, and he thoug
every man IN them would come up :, rolevs them
tbs room and Confirmed the statement he Ind made In III
NJ. HssHY o'RHlIr said that II, afer als brish. s.-
ample the men OF Ne~ York city aid not raise eyry doas
now required, he would be ashamed Of the city, who's
me, he n,a been eye, for forty ::
rep OF the city and roicii heir sub,cripuous. In order
MA, the poor work ngmen and Widows whoss all perhaps
strucsion.
Hon ERAsrvs BROOKS then addressed the meeting.
snnsR hero stAtoj a. one OF the comu tec sha1 be
had called upon about twenty persons since me last mest
pg snd every one OF Thorn admitted thai the rosd w.
Penecty well able h pay good dividend on ~ socA-
He raised tso sums OF $4,000 and IS ooo but promises
from rear all
Mr MORAN said that up 70 the present time only sseosos
had been subscribed and Of that only 5000 ooo
vn In cssh, and he assured them that Ioug
came In that VA imposhblity 70 the rod.
Amer urging on hem the value Of the property, saA
TIA he would leave tho matter In their hands he nshs
perl sps have SAID sith cpAdeccs bat he had soo
recklcssnen OF aie thai he hardly expected anytAhG
would be done.
Mr. CHAnm H. MAMMAL beirs loudly called on sue-
gesed thai tbs stooAh ,ders should be called upon fos
percentage he ,horshi this plan OF Aking round
and assine suosc ctons was MOI very proper He thoag
commi tee might bsappointed 70 ca on The ssockhoidas
for percentage
Arey some discus ion M. LAHns novel tina, suon Q
oomniskc be appointed, ard tbaa nr. hUshan 30 NJ
ohA man. and that tweaty cent be called for Tho
subscription on tho stock Mr.. Marshall lhought thls
nigh, BIO to much, and wss nnsy agreed 70 amend ~
resolution BY ~ Ssiiiung ION pcr cont, and carried
uDanimcusiy.
NJ. II. o. RmL moved that Mesvrs Moran end Lashevs
be appointed 90 ueo 70 wal me lssi OF capitalists
and solicit immod ate relief from them while me monsv
vas being raised from the stockholders
~. L.rHsSs ,hous h We could get . committee In ~
room Ia ton minutes
The follo.'ns cNrnmiuse then appointed :-naa n.
Marshall, Erastrs Brooks Geo. Kinney, w. o. nurphy.
81 90 per oep-s proposition which Mr.. Moran opposed
urjust and lcga-ihc meeting ad ,urncd meet again
Wednesday evening nert.
Court Calspdsr-vhis Day.
6uYnmu OouRy-Nrcuit Part l-Nu Zl, $40. 2lI
2c3, $50, ISL. $50, 2SB, 2Sb 70 $50 1913.
U. DrvUes upuEs--ap. 30, a. 70 ~, 90, 81, ~ 70