, 1859-04-16
Subscribing for Railroad Stock-Nonc
for Outsiders.

FF11M The Ihllaltf'lil l-tates Hl >IauHAa}.J
a scene occurred yesterday morning. i'll front
of the building, NJ. 46s lock street, which
strongly rcn,indcl our old residents Of some
which happened soue twenty years ago, when
u large number Of our citizens beclnic almost
crazed abeut Bank stock. For some time past,
anxious inquiries have been made in reference
tt tue Chestnut and Walnut street Kailr0ad Co.,
us 10 which charter-fhc old one, passed by
Councils. or the ncw one, BY the Legislature,
WAS legal The best informed, among whom
wtrc many friends Of the old charter, seemed
tn think the new charter best and the most like
y to be carried into elect, and therefore ar
ranycnlents were made By them to obtain some
Of the stock Of the Company. The corporators
under the new law announced by advertisement.
that tile books If the Company would be opened
yesterday morning 1T . o'clock, Ut No. 3he Dock
street, up stairs Visions Of wealth ind fat .llvl
sirnds haunted many minds, aud 50 great WAS
the belief on the part Of hundreds that this road
would excel all others in value, that men, with
pockets full Of .old were stationed in front OF
NJ .';>, Il little after midnight, so as to obtain
an carly entrance into the room, and get their
nanaes written upon the magic book:
BY six o'clock, over one hundred had Assem-.
bled, and the stairway leading 10 the second
story ruum was packed by those, it is said who
were cmploved to keep out thr citizens ues1rous
Of subscribing. The crowd did not hear the ru-
NOR that the corporators had armed six OF tlleir
number with powers Of attorney, who were to
stay in the room, all night, and. us soon ns niue
o'clock arrived put down their names, while the
paid watchers kept those having the means TO
subscribe from reaching the room until matters
had been prepared for their reception: hence
their Patience. The crowd in the street, from
six to ninc o'clock, attempted TO break the mo-
notony Of waiting BY cracking jokes. One man
who tad edged his way up 10 the front door. and
rot his nose IN inch or two inside WAS offered
Il hair
but he was very unccrcnloniOnsly showed out by
raw boncd, big listed fellow, who swore that
he would have one hundred shares in spite Of
the devil. Watches were in great demand, the
time being sought for abont every half minute.
One minute before nine. some fellow, IN the
crowd cried out, " hold on to your pocket books,
heres i ck-pocket," and in the midst Of the
excitement occasioncd thereby, the doors were
thrown open leading to the corporator's room,
but the crowd did not 70 in. Those at the head
of the stairway pretended that they could not
get in, and, therefore. those at the foot could
only push and ascend step by step, Is the surg
ing mass behind then, forced them through tue
living mass Of tortuue-hunters. Several Of
those who were thus driven ur like d wldge
into piece of live oak, wiited, tainted, and be-
caiue generally 50 weak in the knees that they
had to be carried out. One of the clerk in the
Treasury department being without any super
fluffy Of flesh, managed to get himself and his
gold squeezed through passage way out
visible to the naked ere, and, at the end of half
an hour, found himself fronting the counter on
which the book Of subscription WAS supposed to
be laid. He exhibited his gold, and desired to
subscribe for one hundred shares. He was po-
littly informed that be was too late, "fhc last
share having been taken," but BY whom was
pas. finding out, Us it was rery certain that not
one Of tic MANY who waited outside even got IL
glimpse Of the book nor did any Of then, ste
r., hn1 nf1h r,vnff il
Mr. T. protested; so did several o,hcrs; and
s,,ne Threatened to take out an injunction, be-
causc Of the manner in which the stock had
been subscribed for. The crowd slowly dis
perscd, about II o'clock, some lamentinS over
the loss Of part Of their garments. others be-
cause they could get no stock, whIc those At
tsacted hy the crowd seemed 10 enjoy the sport
The scene was amusing rs well as exciting. 1t
strongly resembled the old scramble for bank
stock when men broke their neck:, almost, 10
get some Of the stock, who few weeks after
run their ltgs of. nearly, to get rid Of it.