New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1860-06-29

provision is uade, the Directors shall have power to
jersey hs az scpsd as correct Correct but he
Mr. Fieo) bad looked ior gu law nong the s.at
utep Of tie Sate ard had succeeded In hudiog H.
He would not ssy positively tina, there IL such pro-
virob in general law iu New-Jerey but he had not
found il sfer careful arch where the Sec cary had
stated II was 10 he fcuLd The chatter Of the Com
parry gives no right 10 the Directors TO make any by
lawt; and if no such law taat quoed by the Secre
taIy exists, then they have power in the premises,
anu the Company Is actual, wihou, bylaws and can
have none unless they come from the stockholders
Blu he desired 10 cal TO the mind Of the meeting tht
when the stockholders met on the ocasi W to which
he referred, they inns ru,ted the Secretary To obtain
such an alteration Of the charter would give to the
stockholders -xpressy power TO make aud amend the
b, -'aws. Now IL he desred discussion for no other
object, he should deere it 10 order TO ascertain why
the Secretary had disregarded aud neglected those ia
struc'iors. On the q"estioo before the meeting he
held that when tie motion to adjourn was made and
he discuss IT, the chair had decided him out of
order, on the ground that the motion was not d-5a'
aile. From lis decision he had appealed, and he
claimed the Psrlia@e tary right TO be heard briefly
the appeal The gentleman who had preceded him
(Nir Smith would not deny that an appeal could be
taken from the decision # the Gu ,ir.
Tie SEcRLTARY-Oh, Yes h. does deny il.
Mr.. smi1E--i do my that an appeal can be taken.
MIR. FIELD-The Secretary, who appears to snow
precisely What the genemags views are had already
answered. him. He could oDly say that If this meeting
was u be irreguarly and hurriedy adjourned for i'm
proper motives he should advise the Stockholders to
remain 10 the room, Which was their own by right,
and to organize as the chair was vacated by
the present presioDg officer.
Mud confusion en-, ued the chair persisog in put
trg the motion 10 adjourn and the Secretary aud 9th
err calling "Quertion, question"
Mr. HALE desired 20 know what became of MIR.
Fields appeal from the decision of the chart Was
the artIs rule &c be iuforced thst no appeal coui
be tskeD He for one believed the decision to have
bs incorrect for the motion 20 adjourn is dehateabe
r the Brsh Parliament and is only made not debate
able in Legislative assemblies by special rule.
Tie ing had rgL TO pass by vote the decision
Of the Char.
MIR. 4. CooPER moved that when the meeting nd.
ourp il he to mtei again 10 clock to "; and
he argued hal the motion took precedence of thatto
adjourn Ssne DIE.
The chair ruled the motion ont of order first on the
tba, il did hot take precedence OF the motion to
adjourn and then be- it had been made after the
QUO stion had been put on the latter motion, and was
therefore too late.
Mr. CooPER again raised the point of order that an
amt nduent privileged motion could be mace at
III tin. before the negative OF question put.
The Chair decided against the point Of order, aud
Mr.. CooPER sppeaied, but the Chair refused to enter
tain tie appeal and directed the Toll TO be called the
n ttioD to adjourn. The Secretary produced large
nuniter of proxies and claimed the right to vote at
The motion.
Mr.. FIELD sgsrr appealed to the officers to pause
b. fore tie coDsunmst oceeding that would re-
coil With fouIfod injury npoil those who init ded IT,
Tt stos ktolde had come to q meeting regularly
ca, cd, and they had right receive statements and
oisCus the affairs . tie company.
Several gentlemen a this o int urged the propriety
of allowing adjournment TO take place until t,-mof-
row. Hhsn at some immsteriai discussion, it was
Il ally agreed to adjourn until ~ o'clock tomorrow
,hen 10 meet at the Astor House.