The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1867-05-17
NEW YORK AND NEW HAVEN RlnRoAD.

Annual Meeting Of 6tockh0ldcrs-(7reafE x.
~ citenaenl and Struggle for Control. sss
The stockholders of the New York and New Haven
Railroad held their annual meeting N New Haven on
Thursday very large number Of stockholders were
prompt in attendance and it appeared evident before
the proceedings commenced that deep interest was
felt ON the probable result Of the meeting.
Geo. B. Carhart, ESQ, President Of the Company,
called the meeting 70 order, ana Mr. Geo. H. Waters,
acting secretary pro tenn, road the minutes OF the
last meeting On notion the reading Of the annual
port Of the directors dispensed with, tha, document
having been furnished to eaon stockholdcr Al this
stage, the Hon. Alfred Blsckman, Of New Haven, BY
request of the President took the chair and announced
the election directors the next business in
when Mr. s. B. Chissenden, Of New York. rose, and
after commenting the alleged mismanagemcnt
Of tho road, offered preamble and resolution the
effect inasmuoh many Of the stockholders pres
emit were unprepared TO vote inteigentIy, be would
recommend the appointment Of Q committee OF nine
gentlemen whom be namely nominate directors for
The ensuing year. and that such committee report the
same meeting on the l4th day OF June, until which
dasc he would movc an adjournment
Mr. Horace +. Clark criticized Mr.. Cbittenden's re-
marks relative the officers nominating themselves
election nasnuch as he had nominated entire
committee, who IN turn could nominate Others accord
port properly appointed ccmmttee-bot he consid-
would BIO proper 10 vote first for or against the
appointment OF committee and holding an adjourned
meeting, and then on tho selection OF gentlemen TO
serve on that committee MIR Chittenden accepted The
amendment very large amount OF tho stock
being represeuted BY proxies about eve hours were
occupied In examining Their respective powers OF attor
ncy TO vote the questions 70 DO presented for action
Aessrs Henry d. White Edward j. Sanford and Geo.
IL Scranton appointed ellers. After il
discovered that there no less than four tickets In
the Red and Mr. Chittendcn took occasion 10 state
pIcitly that his name we'll the OF Messrs.
Amos r. Emo, OF New York N. A Baldwin, Of Milford,
and Thomas r. Trowbrldse Of New Haveo, bad been
them desired TO DO distinctly understood that they
coaId NOT aud would net serve directors under any
circumstances whatever and they did not wish any
10 lose their votes by voting for them.
Al soon az the tellers closed their examination and
record OF the certificates gentleman rose aud stated
that fact had 10 his knowledge which he felt
his duty aliude to- referred 10 the conduct OF Mr.
William Dement, who has oiled the position OF Treasu-
rer for the pas en years and been In the habit OF
receiving from many stockholders who sustained tho
policy OF the old directors Their proxies, to be used
the DAY OF annual ecctson thas Mr. BsInent had thse
year solicited and received proxies representing largo
amount OF stock and used them in opposition 20 the old
board without apprising the parties from whom he OBJ
tanned them OF his mention 10 apply them otherwise
than A. usual Mr. Clark closed by denouncing Mr. Be-
ment ms q traitor the company which employed him.
Mr. CuIrTErDES followed Mr.. Clarke, and endeav0red
70 cxuain the course OF Mr. Bemcnt by stating that The
stockholders had entrusted HIM with their proxies in
such manner he thought best for those Interested
ana no had used them in opposition TO the Old Board.
A. FBRRls also spoke on the same SIDE and de-
nounced in terms the policy OF the old Board VI
Directors repudatng The spurious stock issued hr
The vote on the question Of appointing nominating
committee and adjonrnng further proceedings for -four
weeks decided the negative by vote OF 80 9 shares
against IL to 57s9 for II.
The meeting called upon TO proceed a. once with
the election OF board Of directors but large
number Of stockholders found II necessary TO return
home il being then seven o'clock, only about 20 900
shares were represented In the ballot for directors
when resulted 10 the election OF The old members with
the addition OF the Hon. William ID. Bishop, Of Bridge
port to al the vacancy occasoned by the death OF Mr.
scranton, late president o. the company as follows
George NJ Miller, Abraham Van Nest, James j.
Roosevelt wilson g. Hunt, New York; William W.
boardman, Ezekiel II. Irowbndse, New Haven, iona
than Godfrey, Southport
while the vote was being recorded Henry b. Harris, or
Nav Haven, addressed tho meeting, which he
review OF Mr. Ferris remarks and Tho OF his Or
position 10 present company being Interested in
sabsning another lno by way Of Derby.
specia train was despatch ed fom New Haven about
nine O'Clock last night for the accommodation OF stock.
holders desiring return TO their respective homes.