New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1900-01-11
OPEN AGAIN FOR BUSINESS
RESUMPTION OF THE PRODUCE EXCHANGE
Trust CoMPANE-sTATEMENT OF
Mr. GOULD.

IRE Produce Exchange Trust company which
,1oeAs IS doors on the morning OF December Is.
resumed business yesterday. having In me interval
- -.,-,,,e+lv -ac--antzed- Edwin Gould and
- same, Thomas Il may be remembered.
z = ADVANCE s. Z5oGo0 each 70 enable the
-,srr = resume operations. ard on December
y A. could who had been first Tice-President Of
=. restitution vas elected president succeeding
--y--s- 4 Beau. resigned anc General Ehonlas
- elected e-St vfce-presdent- The other former
- .rso retired and yesterdays meeting
C.oree " RaIIou vas elected second v-ce-president
:, Mace q Thomas A Mcintyre, and W H Tay~
a. Who had previously been made secretary and
- IN Mace os s L. Chamoerlsine. was
ICED third vice-p-esident, post formerly filed
~ : D scuddc-- william F. Laws was elected
secretary
President Could and vice-PresIdeut Thomas
-a,e Al their desks IN the conpany's Offices yes
e-ssv II is said that the company VIII practically
L.. ,o-a o- It's accounts. Such OF the oepositors
= - =.ss-a - withdraw will rot be urged 70
e--e,- A. the close Of business yesterday Pr-si-
- could issued q statement, part OF which fol-
lows:
-r,s annual meeting o. tie stockholders occurred
Ios sz-ckhoders representing 1s2Ss shares out
81 the total capital q - 90 snares ana ne same
800 p Ladew Henry A MCGEE. Edward A
80 C5e7-Ee X BaIlou. John a SHIRLEY, John
S---7+o- Ty-fIrarns William 4 Taylor and Andrew
Tsrg5on for the tern expiring in 1865 The Board
Pe7o--g were made BY the Eew officials OF the
condition OF the
-re- IRE loans and investments were in
80 -h-- rev were satisfied that little Il any
- u-1-ff . made thereby thar the company
- -cw IL is HANDS ample cash 70 meet every
-FIs4--sr- ~ the company. and that they received
communications ION many ATAlo1-e5iS uS-aA --6
800 desire 70 continue their accounts
AF-er these reports and general discussion the
saI70z-frE resolution unanimously adopted, viz
-sF2esoiveL- That rhe stockholders Of the Produce
T-x-hz-Es Trust Company. at annual meeting as
serr55eC- and upon fun reports % the management
Conce-rluE rhe recent difficulties ard status Of the
01--narv express their deep sense OF obligation
and -hszr hearty thanks 70 rhe Special Committee
NJ Could. General Thomas and the counsel
CHARGED with the extraordinary duties OccaSioned
BIZ the recent troubles FOR the extremely able and
successful II which -ney had met the crisis
avoided al litigation auG the surrender Of the
and hi financed and re-es- ablisled the corpora
ton"
President Gould supplemented The foregoing with
AZ informal statement which he expressed
himself gTarihed with The conditions which at
tended the resumption OF the cornpany's business.
There every indication. ne said. Of q coutlnu-
alcs OF these conditions, and he felt confident mat
ne conpa-7'= recent embarrassment would soon
CE-T q memoir
The new trustees elected were hessrs BaIIou
Taylor and Lzngdon- The trustees elected yester-
Cay. together with the following. make I'd the
Board present construed. Charles ?. Arm
strong. AMI L Barber. Frank Braina-d, Turner
a BsaL George ?. Bidwell. Charles A Deshon,
= LOepel. Edwin Could. Il Irslne Keyser Thoma
A Mcintyre. J. X AIdde-do-f. John P. Truesdell,
c. II Warner and I r c. Young.