New-York tribune., 1870-01-04

~fa n
ihs hsh o. bnding Witch 1sTes "a Msei
Waite. & SsTS Hamilton sss s Joseph Bash sS Ts. o;e, s ere
s...s I.YsscI, &c, T.a room il said Sas sssd for The TS
psss the .eSs and opsos I "a SS opss ss until
Sc hsy closed the sane sssss'ss@ s Sses @ named
sd for 90 the elected director, Of ,e
ard also clearly s''aorss % ASS S srr.sd sbSS IS plnue'
ssrs 70 eo that s s. los: ss,Or; re sss's1 % p" sSd
SSoS polling place and declared ts' sI S.s and that
,Si Co Noh who moved organization Of ses % va I,Sss,
, moved r,Gsoil.nsD Of 's. %sSss son Upon
ether The sad Inspector, actually received '''
"iIs s dSnI6S Of Of this meeting s s.s ''a o asi s
seI'oHsy as ,sTs,ss 2 s, upon "sstSs %asS 0' '''
The SOs for election fred sSs tune s,otSolSsr meeting for
tis s % s . or for ny other Of S1SsCsr' sI's' son S 81
vas Sso ~ a. SsoSoer. occasion ot Their
assembling s y SSs1 e. ssS 81 So fsr Seors , meeting and
H. .e are eoucernsd including the appon,men, & mon r,SV
we 's cay @ sBd against such Stockholders as DID not Paia pave
so'S Tss % pdo s Which bear spreaaOcs cL secrecy or
fraud be hsH nysld-WnoI on TorpOS pso an an esop This
upOB part Of ihe eecIoIs soun r ~ R,I VA Gaboyn
TnSep asserted IN pgmeTSa, a P Va Pek se Howard
los Matter Of Pioneer Paper Go But = es.s' ,Is ,b M Iy,pS
sssty Ttu would doubtless be 50 the oes 0ssn.. IH =,
we're IAN r open s.ossaSSn ssSa % arS nSsss bs meeting
bsn before oeock bad been entirely aoanooled ~ a. a. s for
lbc meeting been fully stated A2S and aSs~ h a.,
BATON then sd as o. 20 Snss @ aSd valid one hOt
Tss m .g @ 3 proclaimed themselves Inspectors and had opened
s I9n and bad ossGsa 70 1 s. dT positions and the
meeting lease Of power or re0Ss0e thsd % a " ems the
o bot ipt places Assuming TO be inspector "o $500 ,ts
e 10 receive vo they dbl not actually receive any before 'Ae
",TSe o. a az The orsaure meeting not resoq
or prepared e moment hut were resoson pS % m ssSi,d
d on their face the existence AMI entnaAhS o A ~
s sd he previous appointment Of Inspectors 4lt iss0N'oS" "
The ] 5N .fs T e H. meeting proceed With annual election Of
directors ard Inspectors With Wu Church " tbAHaD ana JOE"
than Herrck as secretary
Audu next
proceed Mss,rs Harris Busb and ohyr a. s P
Of Mesrs Hand sibop and haske inths.oe @ S , 3 he
sem NJ & he feorsred meeting fact aud legal effect
s % lad Secretary retained their al the table with
ber friendly toekhoies where they sat ~ ,h n eJss W @ @
occupation b held e 6rt meeting AID DO formal orgNnA
Il sppe that bere .eps0e between the time kept at ts
oSleIs meeting in which Mr. Church presided
election held or Hamilton Hams and h' Ss.9s4te % inspectors,
i,seuy Of e witness ig respect 70 iae e1I o. ne ol M
5sue OF "9 "a 1ae cs % Is V5 Bush TO ct tb, the Oh
81 b. the Observatory building ard most Of he parties
and gaf5ed Harris testified that at minutes
y ws A. bsi set from ie time given George wtur We
Proosried to a. opening IN gS hg s % va tool o7, .a
roo ee mon the stools proclaimed substance that had been
srTouied Inspectors s stockholders meeting held 10 The directors
u font Of me 20 receive oso aua t1, "a, rf & ' Z m
other Side The iy, 'ogl oo Pies&sse & o. papers a. and opened
appointing BIN These papers Mr. Harms sys, BE- took and
simo ao as 3.g Ae5 g e, aiIi' s 1 g p e, ne go s
Wien he sai We baotstao ballots for o shares and
te. sst be Bi that Harm, took the frt vote Eve
IisI'e' I O'' H ~. and II was ioaT inmates 10 Y Wien
Harms TOOK his seat; and a'' be aea h1h CI 1O"S5s %
Office says TIE fst action there va, BY Hamilton HI
tors sioboder neeBtba that about Eve minutes before
2 He enmelee to re'e, votes & So N a 5 1S M & Sg & ~ aS
He testified that be took from Bush a0d Nbet lie moved
tist aa he Organization thug place he marked par
neu vas tsa' ro.e1l y sIH @ ~ eS Sel ,s Jb ,
sons passed The reorganization sherman testified that " compared
m watch With Busb and sh % and one or two other PIeuen aud
Eos time agreed With bis And respect 70 The reoIgnia
said be esue ths Directors room from the Treasures room
aU'1t 1l.e Z o, 18th omen and he me 10 offer
as II one minute OF 1 2 S S yS' s1tooS a. little Alter y
aud before, and 10 order TO make sure "sH lev
,Se some reply and sr repeated Iscty what said
70 impress upon hin lie iool be paper 10 none one 1a a1' a wac. ~
started bach r The oih room And ms coineeesgh ihs tesi
uln organization lie testified at about three min
for him ofsr bis resolutions ard be dd Ohe
second s+iiss ol Ttsollois va. .o- % G ~ & & % E
be heard the brewery bell stnke y o'clock and bis watch agreed
Il thus think quite evident ,,i the reorganization moved
49, corTsDv yfSb tbpE Was more 10 he relied on as
the tines the CITY Of Albany at that point Of time than the time
be clock be DID which might be done mis-
watches The whose movements we're regulated BY
M @ % S 80 @ so @ inclined 10 RoIi that The time Of the clock IN
Offices the COMPANY which regulated The u1nlag OF e trains and
clock should be held be the true and
porste meetings and considered asong the for
s Of the actual tine at the period question for the
BG5 hs lcFsy Of this meeting organization and
rsrou Of bed under its authority denied and
trial argument connection with these questions
] S IPn @ ' 81 ueI es as tr por Of e oSlhoG. II d
corporation obtain the control Of sad rsOsd By James fs jay
q the stookoders holding majority Of The stock Of % Com
Tsay clearly appeared that from dissatisfaction on the part Of some
members tue Board Of Directors wl MI Ramsay other
retained by Mr. Gould counsel in the mat
sr 10 Jllee5os teR G ne poIela Ci T,A % 70 Pelae fa
BE- held September and these efforts continued up TO the h Of
Agsa., tie csy for The close Of the transfer books
This proceeding entirely uusie proper and aTfa 1t Is the
law Of % s'ock corporation. that maS iy Of ne in in
B these forts the purchase Of stock 70 ger he control Of me
bad % various Judicial proceeding with TIE preensee De-
could controlled by the k aud Gsld interest and to binder
prevent and expression Of the wishes Of tue other
1oe AZ such election IN peeio the future management and CON
II sptes Tia, a9 to the time Of the commencement Of this action
TWENTY-FIVE different bad been commenced aud instituted by the
frryni pariys interested With
le5 related TO- we're designed affect influence control tbe
it q s s. Of by. aerItos va. ee@9snIea BY Joseph
sosu samuel Tl9mP;oa, osss9 D. ASHLEY c H. Da5osy p
Tse comgIsHt a'egej hat 5000 sbass Of the .toeE Of
,si COMPANY bad been iueiIiy ISSUED , oy Mr. Rams.y
stock be declared Unauthorized and void an be given w De
on ia snr vas leGmier6g he @ shares Of sioe b.
hs srJ hat receiver Of said shsTes be appointed
Iu prts order u4e the Court special term
led SerYorA August, appointing william A Fuller
Receiver 5000 shares of stocA The parties above Laued
required deliver the said shares TO The said Receiver upon demand
the Receiver de @ 10 take immediate thereof
Upon the facts stated the complaint iu t action DO not Why
trjuucon properly sued The facts which existed and
said 5000 issued by the authority
por0n all valid stock Owned hy the corporation acquired By
g for The payment Of calls made ts Subscriptions
90 puIpOse7 suppressed by the IaHth
appointment Of receiver pdrts must haye
granted ucauusy uOu mistaken oral Ieuentatb
Of The facts of the clear CONFLICT win the
practice In NerpAuck sgt The Ner
usurauce COMPANY Page 49, Chancellor NalHorb states
follows; By The settled practice Of this court ordinary
be appointed paT before the defendant has
opportunity De heard relation bb nght 10 those