The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1872-01-25

and'almoss everything snat was mean enough to 60
&c 81 e q ne
our great lakes rather than the progress Of the
steam horse should be STAYED. Naturally enough,
Albany deprived OF life and sustenance by Poueh
keepsie gobbling up all the trade that would natu-
rally
GO OVER THE RAILROADS
IN her direction II the proposed pro bridge was once
Lewis turn to put in good word for the canals
and while he was about 1t he took occasion put In
bad " w9 ord for hr Madden A. least one would
to rile Madden very much. But Lewis was not fal
away from the mark when he did say IL, SO 1t Il
Thirty-frst declared, while contendlng that the
bridge would be an obstruction to navigation, and
| defending the canals against
| THE SIDE ATTACKS
that had been made upon them; that he expected to
nnd mr. MADDEN on inst the side Of the question he
nensfSea By the bridge scheme Madden wanted
ne ohar%sn The s ka M
deSanSly and them en- took l'V general i look
round at his fellow Senators about him.
as much as to say, "YOu see how he backs down."
| But Lewis did not back down, FOR he contnued:-
"And thought you were peculiarly interested IN
| THE ERIE RAILROAD"
"Peculiarly" was rather an indefinite expression
| for Mr.. Lewis to make use Of under the circum-
stances; but there the bout between hum and
was the representative Of the Erie Railroad IN the
Senate. Shortly afterwards the bill was finally
progressed, much against the wish OF Mr. Palmer,
who, however. had 10 yield to circumstances over
which ne nor his wishes had any control.
GOING FOR BROOKLYN DEMOCRATS
Senator Ferry introduced Two bills to-day which
WIN raise little squeal in Kings county. One legs
repeats the act providing for the eection OF SUI
pervs0r at large and ab0lshes the office OF Regis
Of the position upon the Collector Of Taxes aud As
sessmenls. The idea Of the first bill Is to
Chauncey NJ Felt IN the last election. There Wi, De
some heavy work among the Kings county potl-
clans over these bills especially when the time
comes for the Committee on Cities 10 report them.
The Rapid Transit bill, introduced In the Senate
to-day, ls the same spoken OF ut length in the
Ing.
THAT Is 'uNF0RTUNATB.n
The act ''relating to the Erie Railway Company
introduced by MI. O'Brien, repeats chapter 27s Of
the Laws OF 1893. which was amended In 1859. The
repeal relates soely to ne CLASSIFICATION o. the direc.
ton OF their terms Of once by the amendment to the
original act OF the terms OF office Of the present
directors ana all directors Of the company who may
be appointed to MI vacancies prior TO the election
ordered by this BILL is made to cease on the second
that day an election for seventeen directors Of the
company snail be neld at the Erie Railway ONCE In
New York. The inspectors Of the election are to be
Court OF Appeals and the Attorney General All the
shareholders can vote ut the election, either 10 per-
son by proxy, according TO the number Of shares
held py them respectively. No person shall be en-
| titled to vote under any proxy made or granted
| teen persons who obtain the highest number
votes at the election shall be the directors Of the
july. The annual meeting Of the stooknoiders Of
the company for the election OF directors Is to be
ee On Sa ne MSnoay OF s
hold their ofllces for one year from said second
Monday OF July uo ,v,,,vor,ov
snail be granted to prevent or suspend the holding
OF the election by this section ordered to be held
person from voting on any shares at such election;
and If any Injunction shall be granted In violation
OF this provision the shall be void" the third
section provides that from the time OF the passage
OF TINS ACT until the holding OF the election pro-
yldea ior inc t,sns,er poGKs OF tae company on
be entered, and the stock ledger or ledgers con-
tanning the names Of The stockholders Of the
company shall ut all times during the usual hours
OF transacting business be fully and freely open at
the oice Of the company to the examination OF all
attorneys who may be by them authorized TO make
such examination on their behalf respectively. The
the company, respectively, are required TO Keep the
books open for examination by all the stockholders
or their agents or attorneys, and must allow them
ALL REASONABLE FACILITIES
for making such examination and Tor taking copies
or abstracts OF the entries contained the DOCKS.
party is entiiled TO summary relief by mai,damus,
IN addition TO any other legal remedy to which ne
the second Monday OF June, ana shall remain
closed until the DAY OF election, and no person not
himself or by proxy. From the passage of the act
until the second Monday Of June next the
company must Keep s transfer S books open
stockholders or their agents to transfer their stock
upon The company's books. On the transfers being
made the company Is required to thereupOn issue
deliver TO each stOckhOder, his agent or attor
ney presenting such stock for transfer, its new
stock certificate or certificates in the proper and
customary form, IN the name OF sucn transferee,
which new stock certificate shall correspond In the
with the old cerufcates If the or their
agents shall so request The new certificates must
be delivered within at least three days alter the
render OF the Old ones, and when the old ones are
A RECEIPT FOR THE SAME
must be given al once. No stock certificate shall be
seized or subjected to the operation OF any nJunc
ton OF receivership or any legal proceeding unless
DE an ii Ensr ega r
liability 10 seizure, &C., Will cease five days alter the
new stock certificates have been delivered 10 the
person entitled to them. II the company refuse 10
allow the transfers authorized by this act they can
be compelled by mandamus to make the transfers
next the said company shall deposit IN the hands OF
some responsible trust company In the city Of New
Chief JUICE Of the Court Of Appeals and the ATTORNEY
General the stock transfer books OF said company
and the stock ledger or ledgers containing the
record OF the names or Its stockholders and OF the
number Of shares held BY them respectively and
from the time OF sucn deposit until the second Nom
DAY OF July next such books shall remain IN the
hands OF such trust company and shall be fully and
freely open to the inspection and
EXAMINATION OF ALL SHAREHOLDERS
OF said company and their respective agents or at
torneys 1t shall be especial duty OF the Presi-
dent OF said company to see TO the performance OF
the obligations imposed upon said company by this
section and II he shall make default therein he shall
be subject penalty Of for each day such de-
fault shall continue to be sued for and recovered by
the Attorney General In the name OF the people, and
paid into tue Treasury OF this State and moreover,
The performance by said company OF the duty en-.
mandamus upon the Application OF the Attorney
General or OF any shareholder Of SAID company.
the company are prohibited from making any
bylaws forbiddng the transfer OF It's stock upon any
lawful trust. No person can vote In person or by
proxy on any OF the stock he she may have given
up ali interest In. No inspectors shall be entitled to
examine upon oath any person offering TO vote upon
any stock In respect to the existence within his
knowledge of any circumstances
DIsQUALIFYING THE STOCK
from being voted On by him. ANY person who shall
wully swear falsely shall be deemed guilty OF per.
jury. In case 1t should ne discovered after the
election that fraudulent vote or fraudulent votes