New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1860-06-29
PUBLIC MEETINGS..
THE AMERICAN TELEGRAPH COMPANY.

SPECIAL meeting fthe stockholders of the American
Tss gr~ph Company was held on Thursday.
As soon as tie our If II Vi arr1v d, the meeting
vas called 10 order By the Pr sident, Mr. BARsrMt Q
secreiary Mr. Russell off ;atlog recording officer.
A gentleman representing large amount Of English
tocs, ade soiBt that the meeting wss not duly
e Jaws pro. ide that the Presdeut and ary of
he Board of Directors should act sockholders meet
ngs. This was Denied and the b laws challenged 10
prove it. Ii was also denied that the stockholders had
byer as ented to the by laws.
Mr.. LIvISGsI On Immediately moved that the meet
Ing forthwith soiourp.
Mr. DAVID Dudley FIELD opposed an adjournment,
and dtt ed e. present the resous for the calling OF the
speeial meeting. He called 20 order by the Sec
tcssyy, who made the 20 mt OF order that the morcn
Rss not debatsbe.
THR PRLsIDksT sustained the point
MIR. FIkLD appealed.
The SEtRtTAKY ssic the appeal was not debatable,
md the President sustained this point also well as nall
dozen 9th. rs at the suggestion of the Secretary ruling
always in favor of direct vote adjoun aent. The
Secretary called the Pt mare OF the STOCK llst ana
produced large parcel ofpoxes in mis- own possession
TO vote in favor Of adj urument rambling debate on
pcnts of order vas permitted. Mr.. Kendall, Mr. Cor
coran of WashiDgt,D and others requested DIR. Ii g
ing.ton 10 withd aw bis motion for adjournment,
but be ref 'sed fay ing Loihing could De more
nteiudicial TO the Interests OF the Company
t th. Ambition of their affairs which would result
from fol- discussion.
Mr.. LBINGsTOs admitted 1t was 70 prevent diS
cuss on hit he had made he motion a1Jonrn.
y.
neal ths cers Of the meeting and others 10 allow
The proces dngs 10 lie cUndacttd with regu arr y. Sah
irrtluar and unfair ndoet as was manlit 81 snouio
40 b. suffered 10 pret az! II he eouid prevent IL
Mr. DEwI1T SAID the object Of the motion 10 ad-
iou,u Vas 10 q. 10 Of this meeting III an unfair NAH
Der. The meeting bad been cal ed by the requisite
rrmber Of s.ockEolde's Those PRESENT had come
here 10 listen 70 fair statement of affirs afiect''g
the interests of the stockholders Al prevented now,
tbey would have TO call another messing. they dad
not beIe Ia I'm victory over any mau III 'lle
Direction but simply 10 make statement to the Stock
bollers which it proper chat they should make.
They are not 20 be muzzled by any unfair action
Mr. LIVINGSTON called the Speaker to order. de
REPEATED it 10 prevent this very discussion, MUIR
ous 10 the stockholders that lie had made his motion TO
adjourn. r.lo.
ticus OF interest to be stockholders would not De nearly
IN iuptjous as it, az dne suppression To prevent an
Mi, ~ faets In this hasty manner not likely TO
rss ore cofdtn ia The stock nor to give tne sock
hde adv 0r alter degree of condolences IA the Secre'
tay aud Oihers who controlled the AFFAIRS OF tue Oo
fTbe SECRETARY again inerered to call Mr.. Field to
ORDER ON the groond lhas debateabe question was
before ibe meeting. H..
tin SELF but repies' na large number %
fo,.ion $40 kholdprs He expected TO meet body OF
0etft men prepared conduct their busiaets 10 eg
imaie ard derry nai ner lie was lgnoat VI ' od
onsrrtIs among diie.tofs and stockholders, ana hao
sunnpsed the - business in order at meeting regu-
lgy CONVEX ed would be ~ ascertain If II We're prop
,v roa,z@d and WHO en1tls 10 take part ia lts
r,are.Sircs II c.Janly appeared OF very question
ble tropIitty even il si ty ia order 10 ADJOURN tue
ne,i,,0 thus hrri.dly aud send stockholders without
tbs inform alton they esrrd aud though they NAG
h.en called together on a 1. Ol erTand. ,
The SECRETARY once more lnerPosed, ana eaneu LUG
maker o order 1he motion was 70 adjourn
My Vas ygcHTEs asked what they were gong 20
aa;ourn2 Tne meeting had not, as n" nnders ood IL,
been vet regular orgsIiz d. II the Guar nan wss
authorized under the b. pseslde az tne mee.e,
h. desired TO know whether the Secretary possessed
similar power 10 act. go ,.a o-.r
NT. SsIrB thought difficulty need be created over
TIE n, egions bef 10 the beeyng lbe Sec'e'aIy "J1
on, owe,ed, under The eighth bylaw, 70 aet a. an
uye.tipvs Of the kiockholde The meeting was tolo
fore rsg,larly organized. Had any q1esuon ats11
that reou,red the aftion Of quorum then u ~ouiu
have been uropsr AID nee tsary W asceIfaaH qu1u
was trcsent. But tie motion TO ADJOURN hsl Oeca
sprur ppoh the nleetingif they pleased 10 prevent
diseassionaDd no quorum needle 70 Vote on .n.'
Gus sn Ii three stoc kbolderH only had besp preech.
they would have bsd power 10 adjourn. he argu Sa
further that the o'ioa 10 adjourn did not auni' "
bate, and NUT be put ~ once. -, L..
Mr. u. DUDLEY FIELD oaid, az the gentleman n,I
self had debated the question, he should claim ths rgu
10 renIv There grave errors in the statement OF
AR. Smith. His first p'emise, that he Company pas
Nv iexrs for It's QoveTnance may wen be questioned
M Secretary had ft4ttd al former nle@iiDg, when
r. anes;op Of by Jaws came up before me socsbod
@ fhst ,bere was general law 10 the state OF Ne%-
49, IN which the Company was chartered, provdI
ipg Inst in al Incorporated companies wnefe 10 Sch