National Republican., 1873-11-25
WASHINGTON STOCK ExcnAseE.
Elsctlan Of OMcers.

Eiectisa Of Omcers.
number OF prominent business men met
last night at the once Of Messrs. LanEdop, Bar
her a Albright X street, opposite the Post once
Department, for the purpose Of formally organ
izlnR the washington Stock Exchange.
me following -nsnisd gentlemen were pres
Sst,Se fSsi %s'' e'fl So.sei T. K SlSaietou,
. R,Sa1sa asS p &nSnsy 9.s koais sasseI Andre. M
IAnrdon and W. n. Clagett.
Alta preliminary meeting, held some evenings
since. rules and regulations ,s were adopted o lot
mittee was appointed TO nominate ofncers to the
The iolloslns iss brief synopsis OF The rules
!. The title Of the organization SHAH he the
Washington Stock Exchange.
.. Tue government Of the Exchange ahall he
Vice Chairman, treasurer, secretary and gov.
eruing committee, to consist OF nine members,
including the ofi,cers Of the sxchsnsc, who sha'l
.. A member Of the Exchange must he twenty
one years OF age and regularly licensed banker
OF broker In stocts. bonds OF real estate, doing
4. The membership fee shall be 500. AL ap-
p,lcations for membership shall be presented In
writing and submitted 10 the committee on al
mission to be hereafter designated by tho gov
g. The regular meetings Of the Exchange shall
he hell on Tuesdays aud Fridays OF each week,
IL O'CLOCK untli OtutIWtHC OfUtFtNt tNt
public meeting on Friday TO be regarded as a
general sale day for stocks bonds and real estate.
the meeting was called 10 order by Hon. Pc
ter Campbell, chairman pro fen'., who brienJ
Mr. X III Soursc, secretary, read the minutes
OF the previous meeting, which were adopted.
Mr.. ]. n. Patterson, from the committee ap-
Ing nominations for oiiicers OF the Exchange:
President, W. W. Corcoran; vice president, J. G.
Mokelden; chairman. wm. stlckney; vice chair.
man, VIM. Dickson; secretary, A. L. Barber;
treasurer, Charles A. James.
Mr.. Campbell inquired whether Mr. Corcoran
hal been consulted upon the suhject.
though the committee had reason to believe that
he (Mr. Corcoran) would accept the position Of
p esident II tenfered TO him
than individuals to be considered in this matter.
They should select men as ofYtccrs who had the
welfare OF the District at henrt. twould mot do
" sse e whc Were a,
In sympathy with our interests.
Mr.. Warner said We ought not 10 characterize
the g ssns sssS,sa er The
were bank. railroad and othcr stocks that came
within Its Jurisdction. lie thought that MI. Cor.
coran should Se s before &c was selected
overburdened with business, and he might not
he able to give that Of the Exchange his personal
Mr. Campbell remarked that the Exchange
WAS not designed for the exclusive protection Of
District securities, bu, took within It's scope all
kinds Of stock.
something 70 nx prices Of all Kinds OF paper, but
he did not wish TO Join any organization that
would break down at tho start. II was useless
| TO tender the position OF president TO Mr. Cor.
coran, for he (the speakeD was satisfied he would
| not serve. lie knew that Nc. Corcoran wa:
1 anxious TO rid himself OF the cares and ankle
\ ties OF new business. Ills sight had failed an,
i his health was feeble, and he was confident that
on this account, apart from other cousldera
i tions, Mr. Corcoran would not accept the posi-
ton. This was an orsanl1stion for business
They did not want any mere ngure.heads. III
thought IL would be drawback to let it 90 he
fore the public that Mr.. Corcoran was elected
i because he knew he would not serve.
Mr.. Boswell remarked that he had been mis-
understood. lie did not refer alone to Distric
the Exchange. He woul,l he Eatided to lear
| that Mr.. Corcoran would serve, but did not he
lleve he would accept
on motion Of Mr., Soursr, the election Of pres
The meeting then proceeded TO elect the re
naming oficers, with the following result
Vice president, l.. J. Davis; chairman, ID,
| Middleton, IT,; vice chairman, William Dickson
} James. Messrs. Peter Campbell, J. r. Brodhea
and n. II. Warner were I'm conjunction with N
! officets) elected governing committee.
The question OF liking commission rates, Sc
was referred to the governing committee, vii
! instructions 70 report 10 the Exchange ut
committee of ave, consisting OF M-ssr
T Campbell, Barber, Brodaead, Nourse AMI ID.
Q Middleton, IT,, was apppnted 10 confer with NJ
! Corcoran 10 relation 10 his acceptance Of N
After q brief Interchange Of views In refcrcn
: 10 the contemplated business OF the Exchang
the meeting adjourned to assemble on tD-mo
2 row evening, At 1870 O'Clock, at the same place.