The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1867-07-02


Some weeks ago we published an article from the
Cincinnati Gases rejecting upon the English manage
mept OF the Atlantic and Great Western Railway Com
pany, and we now publish the following from tho same
paper relating TO the latest phase of its affairs is
report Of meeting OF the Directors recently held at
the McHsnry House. at Meadvills Pennsylvan'a:--
There were present at the meeting full attendance
Of directors with Mr. Mchenry and representatives of
the bond and share holding interests In England and
Germany. stormy meeting generally anticipated,
very serious charpes had been made London meet
ings OF sock and bond holders, and varioi London
newspapers and periodicals against the integrity OF the
management OF the American Board OF Directors and
their Off ers and employees These CHARGES had boen
rspubshed 10 several American newspapers, and been
proved eroundess and published in report prepared
BY committee of investigation On the other hand.
ations injurious the fair character OF James
NJ Henry had been made and widely published Under
such crcumstanc II natural TO anticipate trouble
President L'Hommedieu presided at the meeting, and
BY the exercise OF considerable tact and much pat
and good spirits, succeeded in keeping down mani
festaton Of hostility Both parties stated calmly their
grievances and heard u! explanations, which wers to
very great extent satisfactory,
Il quite manifest to all that there exists both 10
this country and 10 England, combination OF persons
who have emped 10 innre tho prospects OF the Attain
tic and Great Western Railway, and all those connected
with It, bv endeavorng TO SOW the seeds OF scord and
doubt among its friends on both sides OF the Atlantic
and IN deprecate the value Of Its securities abroad and
at home
After several hours spent in explanations Mr.. James
McIIenry manfully withdrew oil charles against the
American managers, and expressed himself graf 6ed
that he had been undeceved and had tho opportunity
to do thcm justic,
In the course OF tho interview Mr.. McHenry stated
that there had issue Of securities that for
tho dcbentures and other obligations issued there had
been dep cd equal of bonds and shares
and that final settlement there would not be any
ever the authorized capital
A committee of three. on the part Of the company,
appointed adjust all accounts with Mr. McHenry,
contractor and financial agent to report at the next
meeting of the Board for the action Of the Receiver.
The large amounts remitod BY Mr. McHenry through I.
w. Kennard Eng Chief will also be accounted
for to this comm ttee
Mr.. McHenry his usual fine spirits and seems to
have lost OF his confidence In the ultimate
Of the Atlantic and Great Western Railway 40 is GER
tainly wonderful man for "faith, energy and per-
severance" and for creating TO build great
work in the times OF wars and panic& Few men could
have accomplished what no has done This country has
certainly good to thank him for what he has
complished in securing uysh capital to build great
road through portion Of land which unpro.
vided with a highway TO market.
The appointment OF General Robert B. Potter re-
cever meets with the full appreciation both Of the
foreign bond and shareholders and Of the recent Amer
managers, and all interested In the Atlantic and
Great Western will give him their most cordial support
The parties separated for their homes having har.
monzed ali differences, and with q determination to
stand BY each other and tho Atlantic and Grcat Western