New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1869-02-19
TIE NATIONAL STOCK EXCHANGE.
A LIVELY TIME AMONG THE BROKERS.

LIVELY TIME AMONG THE BROKERS.
There was very large meeting yesterday
OF the members OF what recently known as the indie
pendent Board Of Brokers, but now known as the
National stock Exchange. The meeting held at No.
"a Broadst The crowded 10 excess by, as II
aitcrward proved Of tho most eXcitabe body Of
that met for any such purpose. large number Of
the leading houses represented and tho organiza
he meeting was called to order by Mr T. r. Tremane,
Chairman pro OF the Board on motion Of Mr.. Parks
report " the Committee Organization submitted
AID IL Vas rced NV Mr. VIM Ward one of The cowmttce
aud received with much applause Some OF the important
provisions IN the constitution and bylaws follows
Tho entrance fee Is To be $3.50 Which can be raised
mo 10 1900 by the action Of the Board but at 40
time IL be made less than $3.50 than 81 eco
Tho hourA for tho call OF STOCKS shall be from 10 M TO
D. m, the regular call 70 take place at y M each day
The officers OF the Board shall be- President who shall
receive salary; First Vice President at salary OF
g. Second VccPrcsident nj salary OF 5000 this
officer call the stocks)j Treasurer no salary. but al
loved clerk at 500 per anum Secretary at salary Of
5000; ana notwithstanding mt 1850 per annum
Daring the reading Mr. Clark moved that the balance OF
the report be laid ON the table. This was objected TO-
and the greatest confusion followed Mr. Clark explained
HI reason for making the motion, by stating that he was
& s Of Sn aS ss
tine and he must that lie Disguised with the
action Of thema0rty Of the Committee they had placed
their candidates nearly all the committees
and important positions on the ticket that was 10 be sub
~ read III their report and for this no would
move that the portion OF tho report just referred TO be
land on tie table TINS announcement created great
candidates. Mr. Clark withdrew his motion. and the
balance of the report read and substantated. Mr.
Carks assertions for the Committee on Organization
well represented on the ticket. The confusion at
this stage OF the proceedings was ndescTbabe II was
time before anything Ike order could bo restored
10 accept the report put and, although II
very evident IL lost but for unaccount
able reason chairman declared carried Hisdecision
received with q fierce denial and cries OF "n0, no.
put him out,""a put up job" filled the ROOM This
caused The chairman 10 revoke his previous decision and
announce that the motion was lost on motion, 40
much Of the report related TO the nomination OF officers
was. by unanimous vote. laid on the table Mr. James
Fisk jr, loudly cried for and made his appearance
mounted desk, aud after quiet was restored advised
tile Board TO accept the constitution aud bylaws
Excepting tho nomination OF oicers, they could DO
modified at any time by the majority Of the Board. Mr.
fskssuggestons received with universal approval
ana on Mr.. ClaIks motion. resolution was unanimously
adopted accepting the report except the parts that
related 10 the nomination and election OF oncers and
salaries, which stricken out.
MI CLARK offered the following resolution, which
also unanimously adopted:
hoed That Vie election Of the Board take place
haianF between Tie houTs Of IL and and that members
De perm d 20 vote sho have pad their entrance fee
Mcssrs, " u Parks George j. Clark, Charles UnRcr,
aud Err Tremane were appointed inspectors of the eec
tiOn aud the meeting adjourned.
stated that the number OF subscribers amount
10 400 ahd cOlDpros number Of rich banking houses
not AT present connected with the old Boards