The New York herald., 1869-02-24
THE NATIONAL STOCK EXCHANGE.
Meeting of the Board Yesterday-The Officers
Observation-Disclosures as arliamentarians.


Meeting Of the Board Yesterday--The Omccrs
Observation-Disclosures Parliamentarians.
The several hundred brokers who do not belong to
the irregular board" and who Of course, wouldn't
belong TO 1t II they could met again yesterday at
No. 54 Exchange place as members Of the National
Board OF Brokers." The meeting was neld ON one
Of the top stories OF the building, in . large room
redolent OF new paint and snsvlngs, where huge
red hot stove In the middle OF the apartment did
cellen service In steamng the wet garments Of the
brokers, who crowded about II as though each one
was .shortn or coal and wanted to make the most
or the article In the heater no persons particu-
lar expense
When the meeting had been called to order, and
by extra Inducements from the chairman's mallet
general attention had been distracted nom the
stove the minutes OF previous meeting were read
and voted not bad.
The secretary o gentleman who knows the value
mot hairdresser's vaiue) OF pair Of long mustaches
and qsan,um suucit Of promiscuous whisker
read the result Of the election held last Saturday
which was as follows:-President, James Baker;
First Vice President c. c. Parks; Second Vice Presi-
dent. Il. Il. Trcmain; Treasurer, Charles Unger:
Secretary, c. nj. Delmar; Assistant Secretary John
X. Lansing; Chairman Of Arbitration Committee
George p. Clark.
good natured member, with an eye to the future
advised that the temporary Executive Committee
S the anpcants who hadn't ~ vet BEEN aoWed 70
he dubbed members Of the new board.
gentleman whose name was too long for the
secretary to write in one sitting, believed from the
bottom OF MS heart that such thing was impos-
sIbiiity; because why Hadn't a.constitutlon and
the constitution either or the board or the United
Statcss Besides. what about the new Executive
COMMITTEES which mad been put In high place by
the electiOnf
The chairman didn't believe that the retaining
of the old committee which had been discharged
would he unconstitutional. lie didn't exactly know
why II wouldn't, but he felt thar way anyhow.
A young gentleman. with = note book with the
word ..srle'' written ON the margin intimated that
he always believed the way the majority believed;
least M the present instance he believed the adop.
tion OF the motion would he sacrliigeous violation
OF that grand Instrument of the Board-lts con-
sttution.
The gentleman who made the motion at this stage
OF the proceedings became frightened ut the parlia-
men,ary he had raised about his ears and very
kindly remarked thai he would withdraw the motion
II nobody objected, when the chairman, In the most
pleasant way imaginable, expressed his high gratin-
cation nc the turn affairs mad taken, by which he
relieved frOni the great responsibility Of de-
Gliding the question at issue against somebody. The
old committee wis then discharged honorabiy
tall young man, who prided himself on his
strength technIcaliiies. ntinated that there
st which the courteous Individual VINO was
supposed to he the ciiar looked plesuingly toward
s ne @ s % vas m,
the chair bad H. but that he felt mnch pleasure In
resiRnng IL TO the First Vice President when he did
instanter
The First vice President said he never made
speeches, and woIld consequently not do any more
than thank the members for having thrust high an
honor upon nim and promise that the board would
be- n success.
Mr.. Doubleday orercd . resolution that the secre-
tary Just elected be- in consideration OF mis- services,
paid his salary from the iOfh Of January last
which carrisd-that AZ, tbs motion was carried
ceviug back pa,. and on rising 70 respond said he
had been one of The fathers " the board. tit APP
pears The boaro had several fathers. He had hired
the apartments Bro3d street some time ago IN
Oter 10 yet up sori OF bankars and brokers' meet
lug room Dnt the project fell through Tor want OF
proper support. ils friends advised him 70 make .
'aongr room Of the apartnents and he received
some thirty signatures favor OF the enterprise.
bus tha, Is all ltamoln,ed TO- Probably because inc
idea vi the new board where 'Ere" could be
called. presented itsef him and others and II was
seized upon bodily and Mr. ftsk, Jr., was consulted
about the matter, VINO of course gave u has warm
support Hc believed Mr.. Wheipcy wAs one OF the
fathers cf th- board. and he moved that M. whep-
ley shonid bo voted very many thanks
The or tecnnicalities suggested That the meet
Ing hadn't been called TO thank anybody.
az an amendment thai everybody should be thanked.
Another individual, who ~ said 70 oe constitu-
,,o1ay opposeh 70 i9sana: v,v ana n,s waps
should be thanked. which was tnouRnt not ONLY
very original but also frightiuiU funny remark oy
rhe mao OF sechnicalifics rctnarxed that his de.
light would exceed all bounds did somebody inform
MN who had the right To nx ths salaries Of the
saaricd members.
10 move that the question VI salaries be referred 70
the Executive Committee.
An lmpcrt,nent Young man ninted that he would
know Great deal then than he knew before n
somebody would tell him how many Of the Exccu-
tive Committee were saiarled.
This question was rather stunner, and the mo.
ton was laid carefully upon the table
One OF the old cofsmittee said that since the last
meeting i50 OF the $50 applicants whose cases had
been examined had been declared eligible, provided
tney could show their respectability lie did not
state what constituted rcspectablIity" In broker's
birds-eye view Of The thing
gentleman remarked that II Was unjust that the
app!icants now the books Of tho board should be
compelled TO pay $3.50 and walt until they were al
voted members NJ the rate OF one day, provided
nv the constitution when the original members had
only TO pay slvo VI course, ne did not mean 20 say
thai anybody but persons OF 'respectabityu had
got into the board for el00--not much.
the question was then referred to the Committee
ON Membership. afer winch the meeting adjourned,