The New York Herald Newspaper, June 30, 1860, Page 3

& r 3 Gi ae. b OT SALE commitice, force ts coniast Wilh to ataer te Reactant the Se ed the He ' ‘vigorou and he believed that there was a false- . C, W. Fiep—What have we got with the No- | done so had he not thought it a. matter of lifeor death to privileges and } fpaily, by a cuncersion to the press of all their demands, Scotia Com the com, mite fof page, He could not} va pany? Italy preferential claims ‘n 4. use of the lines of tho on. and a large addition to tbe _neming) penne aoe f~ nei) e Haas be ba out m peewee Ky pf Lm , 2. = Lows she met thas the Neve, ibeotie Com a shes h tions ii tes made to r 1 @ consequel are # bh le were 3 a ing a piciat Gaxate ot Turin, of the 18th, publishes the | LOAN, Ot Min coneideration of sending long tcamagen, | henge.» comsvatent reduction to be perfectly tase, Mr. Htussell knew that. in. October ages of parties Will the exprow of the Associated V'rees pany. Mr. KENDALL went 02 to, aad bis in the matter, He ‘ecarat tat Id be yinced » following royal decree— Cg agen . " : ted with his couduet. sitenee Victor Emanuel Il, &,, &e.—The Senate and Cham- these reductions eid spel to all classes who The undersigned are we'l aware that these predictions | last he-had ney neg disgusted wi ot prsna Bowe riv ir ip such a ae as that ay _ ‘ construe 10 an express want dence would be ‘ver deslrocs en Wi send long meagages. Organizations are formed | will be ricieuled by the majority of the Board, and you ‘The Cuaux called Mr. Field to order. He thought hig re- dir. Reeser spoke to the same fact. in the directory, he Sh. pee of ind Raving sparovet of; Wo have sanctioned, Rane teanetnisvionl of tows, they should Mave equal | will toncateden chor aoe Seep meansh vos Wa banihens |. ieckiwtns ite too personal. Mr. D. D. Fmap asked had there been any decision ofa | of having an amicable” arrangement with the bo t of the King 18 authorized to give full | Privileges in the use of the tinea, nnd tho success or tail- | to the pew Mine without losiug its connection with the | Mr. Cynce W. Faap helieved that the President had | conrt for the Payment of thene damagent prees, but not with the agent of the press, His and calico. pncouth ry the treaty concluded ween | Ure of such organizations be left to their own enterprise | other Southerp, Western and. Northern lives, whieh are | signed, wider extiterment, a pamphlet, of the Con. Mr. Rueskrs replied that there had not, but there | faith was strong that if the committee appointed to > ofRinta add“ Prance for the anion of Savoy and the ar- | #4 ability, without rely ing upon the company for adven- | bound to exclusive couneetion with the American Com- | tenis of which be, knew nothing; and, it contained | would have Leen. arrange the rates had been allowed to repurt without @ rondissement of Nice to France, @t Turin on the | Mtlons ak! Strictand impartial justico boing thus dealt | pany by the compet known as the six party contract, | sialemeris which some of the eo who signed Mr. D. D. Fivip—Then it is net true that the company | call ot the stockholders, there would have been no diffl- Bath March, the ratideations wy oe ie exchanged | OUbto all rival partics, it bas appeared to the undersigned | if this compact could be enforced, or made permanent | it kuew were not true. instance, it was | have had to pay it. They have choren to pay the money | © He did not want, howeyer, to be scared into #. . under all contingenecs, it would certainly be an.im-| there stated that the. Newfoundland Company | of the stockholders with ‘on the 0th of ‘he same month and year. unwise and dangerone in the extreme to tamper ma a yarticle of right. The se- fo order the preseut decroe, bearing’ the seal of the | lly with the tariff of rates, so long as the aggregate re- sult was found satisfac! to the treasury. Se cate nay cousern to | Jn these opinions, or rather iu this oiley, tho majority |"tact Is Varope dfeand,? which connor be relied, upon | reac fuss the tong? iva ot eup cnc mittateensat me. Mr. D. D. Fie chairman of the co pregpable wall of defence to the American Company, had raised the tari! of prices four hundred od cent. | cretary bas over and ove ‘ut Mr, Russell has repeatedly declared that this con- | Jraterd of that they had reduced the rates thirty-three por | fending these suits, aud could do so snccessfully, Mr. fresma rood have never said anything of the kind. * ittee to negotiate with the press. Board of Dh By id It nsinted t iT id mates Weve su-cunies 0¢ Une eae Wav eoces ~ of the of Directors do net ay r to concur. whenever it may suit the interests, of. the contractin, Avcther was thet the American company never paid aoy have always il that it was an fegal act, and chat | Committee were to consist of three directors. ear STE ame the action and declaration of the Fxecutive Committee, | parties to dissolve it. If this be go, in a contest with | divicends, Now it had paid two dividends of ten per | we ought to have been indicted for it, “| ‘wanted @ coutract in writing delning their privileges. VICTOR EMANUEL. which thus far las been sustained by the Board, the ar- | the associated press, the undersi; believe that tho | ecnt, and the stockholders had received 1 cent for Mr. Dy D.. Freup—What counsel has ever advised the | They did not went anything unreasonabie, yangements which existed with the press at the time of | North American Telegraphic Confederation will feel con- | their stock in the stock. of this ong . What was the | Executive Commitice that they ought to pay it? Mr. Swarw desired to know whether the press would not Gi Cevomss the consolidation have be ndisturbed. From a perteotly | ‘strained todiscard the American Company and take jn | reesen be had been selling hie stock’ nse he thought | Mr, Rvestiz—I have, and Iam the legal adviser of the a 14, 1890. barmonious understandi: x, the. attitude of the company | the appoaito line in its place. The lease of the Southern | that the course commenced by the Executive Committ.e | company. The Mivister has presented # project for a new loan of | and the preas is now on? of hostility. This vufortmate stato | line (rem Wash nm to. New Orleans will then become | was going to lead to the ruin of the company. He would Mr. 1. D. Fmup—That is, the Exeeutive Coumittee has 160 000.0001. of affuirs arit ea not so much from the actual changes which | on insypportable burden, ag all provisions for a division | bave sold it all had not Mr. Hunt come to him and begge! | edvised the counsel. Marshat Vaillant bas arrived, and is lodged im the royal | have been made, although hog see strongly objected to | of the New Orleans business will then be abrogated, and | him not todo so, and they agreed uot to sell any more Mr, Rugewrt added tha’ it was very clear to bis mind a7 ‘He wit! breakfast to-morrow morning with the | by the newspapers, as the feeling which has been | a violent competition arise with tho interior route, back- | stock unless all sold ont topether, that the act was a most wr meful one, and that that was a excited in the leading proprietors of the public press, that | ed by the whole influence and pecuniary strength of the Mr. Russert suggeated that Mr. Field had sold his stock | the foundation of this trouble. istied to have a contract based upon the geperal rate Mr. Hewrrt replied that they would be, bnt.they it ed to know that the prices were bot to be raised on and that there should be no hostility manifested against their interests. Mr. Keypart did not think there was any desire the the company intend to increase the rates, and in fact de- | covfederation. before the Executive Committee was in existence. ‘Mr. Swim did not care about these outside matters. He | part of the dircetors to injure the interests of the Switzerland. stroy all the existing strangeness for obtaining fore); The undersigned do not make this statement to alarm Mr. Cyave W. Frew, fossil And you know the | stated the fact from the printed statement that the com- | As an evidence of the abseuce of hostility to the New Ganeva, Jane 14, 1860. and domestic news. The declaration has been made the stockholéors, or to foment opposition. ‘i you with will tate it wiaataitehel treet under whieh theso operations were performed for | York press, he adverted to the fact that the company had PF. OS. resumed, He would confine ee i : The Grand Council of Geneva has presented, as a token | the undersigned by Mr. Russell, one of the Executive | their. relatives and Personal friends have too much of esteem, documents of naturalization as Swiss An pe Committee, that the New York Associated Proea must be B stake in the company to permit them to trifle with inte- | to the facts set out in the pamphlet issued by the Execu- | prior and exclusive control of the wires in the Territory to twenty seven Bavoyards, the late chiefs of the com-| roken oP. and that means would be found to accomplish | rests 90 large and duties 80 grave. They desire to avert | tive Committee. Ifthe ep ge teg ght of Nova Scotia, which deprived every ove else of that mittow-for the annexation of Faucigny and Chablais to | this result) Now, it appears to the undersigned, that the | disaster aud ruin, which can only be brought upon the | misrepresentations as tr? eld said, when that gentle- | news till it became the august pleasure of the ne Surrian Cabinet m reply to ube nove of the Fade. | TleeamhCrpnany hare more right 1s engage the | conpaby Dy impn nea a manjorty ofthe dlectors to ve avin, awal a ral Couvell, dated 25th May, says that the general state of | break up a private firn in ceder that eaclypartner may | the. dangers of their present “course the Associated Press had given to the Associated Press the | allowed the varions despatches sent from Washington to the eeveral New York papers to be counted as a single despatch for the haif day, and that arrangement mace a saving to the New Yorx Hrraip of $5,428, to the Times and Iritany of avout $1,000 each, ani to the papers aaa whole : 3 = § 4 4 F i z : i | & Dear Sh to act iu harm t try the undersigned ‘Rot mentioned the fact that the old ‘compa. | lave this news. Why was it made a sine Mr. ©. W. Fremp—aAnd that wam yoted against ores affairs does uot permit Austria to take the initiative i0 | be made to pay separately for the despatches wh oh would | might have sold thelf stock and retired from the com- | ‘By had paid two ten per cent. dividends Hag hie + this most surightequs gateitige should be abolinbed? member of the Executive Committee. mere thoConference, come to all in common. “The right to combine to re | pany. But they do not so understand their obligations to |. per cent of stock into the new company. He could per- | cause they knew that if they did not rival lines would be Mr, Rvssrri—It was the retroactive part of it that was Spee Ge f Een Weld jutelligence is &# sacred as the right of the stoc lors of | the shareholders. They feel it to be their duty to lay be- | ceive a very good reason for Mr. Ficld’s selling out his | establirhed. He neverheard it said that any: ietor | objected to, He did not want to retarn fands. AMER AN TELEGRAPH COMPA! Y this Company to asrociate themselves together to build ' fore you pay all the information they possess, because | atock, in the difficulties between him and the : | Of the Associated Press was engaged in sp to the Mr. KeypALL asked whether that evinced any it of THE LH N . and operate telegraph lines. It would be considered the | by laws New Jersey the stockholders have the SER eee be Tee ee bps Hinata ee mock only 8] d | extent of a barre! of flour or # coon skin. But he had | hostility on the part of this company againat the height of folly for a merchant to ruin his customers in the =. to decide the whole question. that he had ‘his mind, avd Stock | heard it asserted by hundreds and thousands that there ig | York press? Bot Mr. Craig wonted no compromite. He hope that better ones would arise, Phenix like, from their ‘our charter is made nipet to the ‘‘Act concerning | not so bad after all. As to t! UE yall more than.one and moré than ten men who for many | did not wish any compromise to be made, and oped Me Controversy with the Pres-——Adjourned | *b:* corporations,” of 1846, which, -among ‘ , con- | Hewett Lo pppoint s commttier to sett tod ferences be- pears past have had the benefit of the first news received | there. shovld “be none, unless this’ company Meeting of Stockholders at che Astor | sat tic prom vont be riven into oppontion by ins | “Ha crery ecrptaion as hac; al bo deemed to nave | Aean ne mlany mndane rem, he commaloed it dirahy | by th acento Ue acai Fete an tad made tune | vomit alow im 19 6, the Talon, Company \ . ve poral as suc] av centure on the directors. was » fortune by it, wi i was a yotoriout 0" im 1” — contro! iy Howe--The Questions at issue policy and declaration of the Executive Committee, the | power. fficutty? Conld any gentleman tel what the difficulty | fact that the frat dempatch of the Associated Press, con- | lie for them when they want him, and let him have the van or Ga A orlata Deerbeen reached. mush once than they faeotict eB pet ee ee cee cate Seewees ihe Prete and the dirctors west a Laing the foreign news, comes tn ciphor, only comprehend. | rower be now h gf speculating on the tres eatips of Discucsion— pated. eeip je annex: ler Was - I » . Cyrus W. Frey sugge at there were tl ed by two or three persons in the country. tcontains | the foreicn ne Qtr. had as strong a as acthentic evidence of the width of the breach which had | ""siathe Temae vtaws. not inconsiatent. with’ the eooalitnc eer ia Pauis eikent, WHS GUGDt: Shawne Vao’| Tas APNE GUN Nessctated Pyens couceesdd te eines he: | amy susekhinbaes to nee Ga exetoohhe asa oaa promike Agreed upon, been effected :— i rose, | owt avin ofthe United "Staten "or of i, Reale Yor the | question. Ihe airectore vo | Retvenmumber rot wor 3.000, attr the, marketa wero |r. Jivrrs would read a resolution which be deaired to New Yorn, May 90, Tanage ment of its erty, the regulation of its affairs and ‘ vi any of irect received the ugent © we ragy: Ir r. was as follows:— Rey Rey ae. 4%. Banxem, Eeq., President of the Amecican Feieyraph Co— | forthe wanefer of ite sock ns explin the sibel Pe ey Mow length althg, ant wlint wes being done in the intervai? | Whereis, the directors. who. called, the ateckholders? press between Boston and Washington desire . dd be it enaet Faph.cmapaaien of the | ceuhig oeetirn sball dam Ga, hath ehieesibe Howie. schantar ents tos ten totde Wahlen tephall be tencoperateh: anu! the campany; tbe controversy was altogether be- | eho stood at wateh over the markets of the country as | of rater: therefore, nal tno powers cxsetod SSIS as ir. KENDALL did not believe that there was substan- | Theis myetital writ vg was being trapelated, and was being | meeting have so explained their motive in calling It as to J fice mes wot he aneclded Invite | tially any controversy at all between the Assooiated Press | spread in different directions to certain appointe! agents, | reflect no censure on the course to adjust a general with (ie existing tele; Heh the A reclally. with ‘The adjourned meeting of the stockholders of the Ame- op i elatin - pose, ae a sly e : . toad watel i Det b. Resolved, ‘tier i Mt f cute brtven the enmany-and he newspaper pre | Scherer vata aes shir | lise bar an pmo cawp ach stay Be] TMS Forint ihe magn tat memtere | Her non her aed rch a | tet Soa eee i tae meas ne ma prend in and the newspaper prese, | priciors between Hosta: and Washington, veapecttally req fog ws yor ged ay oy egg meetin tie. Associated Preen were present ready. to explain. Ps jovgh thecne acted in the name of the other, | reining anew committee ur otherwise, shall nos be cow was held'at the Astor Hoyso yesterday. There was a ce heat, apply the ame elotinte at ehae: | hamed, “and such other pessoas’ ae ‘may Mherentver be or | __ 3. Surm—T will give way to any one of the directors, | The news war thus held up GN the agect of the Auso- | strucd as implying auy censure on the first named com: large attendance of stockholders, and several members of ‘ports nent o of From tit Best ax is pow in toree | Teccme stockholders in the manner hereinafter provided | -ire youn direclor? | |e pee Ri TN cde ge Hs Mie Dein Slnersik 10 wala ahedtnd the Ge RR ewan el Retenoane gener: DIF to atines moth at Westnet ia fe ree Seashell be aug are hereby, ordaivesl, comet aee # ee ed. 4 Seoceotnem (pith unction)—Ammen to that! Contoirs the 8000 words, and we will tolegraph son. the | on adjudicating rates from apy eeneere whatever ‘The President, Mr. Zuxus Baxwwm, called the mecting | fur the fast ne hundred words; twotbinie rates for the ueat | Gated t0 be a corpuration.” Xo yy the general law th Mr. Sim said he could not tnd any of the dircotors | markets,” There were inerchanisoperating quietly for | Mr. Hewnr was quite willing to have that regolation to order at twelve o'clock. hundred words or lesa; one-half rates for the next five Cnasgrd who could tell what the trouble was, three and four hours abead of those all over | attached to his. He would accept it as a preamble. red words or lees, third of fall rates for all words | power is expressly given to the corporation. The - ve tonsa, Peews mesanges to be connted copunwoue: | holders ean dedine the powers and duties of the President Mae” and again fromtwo P. | avd Executive Commnitien, or they ve ', if they see fit, Allport appoint cficers and agents anc purposes what: Mr. Camprupce Livinustoy rose to offer certain resolu- tions, which he expected would be ad ypted by this mect- ing. He had said yesterday that he believed that the Great proportion of the stockholders had made up their Mr. D. D. ¥ierp—Does no one know nothing but the | the country: and this had been going on for the last ten Mr. D. D. Frevp said that if that resolution were at- st years. Gentlemen could tos fail to know that it was so, | tached to the resolution appointing a committeo to take They were determined to pul a stop to it; aud if the Asso- | the matter into consideration, and if both were to pass, Boston and | soever counected with their buisiness. y may take and if the directors knew nothing about it, be | ciated Pres threatened them with #n opposition line, | th withdraw the amendment which he had ae Fgportes Pye hy this press ditticulty, if they choose, ont of the hands of | would vote the strongest resvlution of censure against | they would take the consequences He believed that they | om preewmed that Mr. Cyrus W. Field would Pe the directors, and confide its getticment and management | them. had got a set of stockholders with backbone enough to | aleo withdraw the amendment which he had offered. ‘uit said that if there was really a controversy with p copies of he averace gun paid to ng Move 1, minds; but he was riso satiaiied, from what occurred yes- | "Satine American Tolegeuph Company shonlt’ now | toa special uff 1 OF committee, or decide by bylaw in what Mr. Hest suggested shat if Mr. Smith bad read the do- | stand by them and say that they, too, would take thecon- | Was that the understanding ? torday, that many of the large stockholders | acree, through its lading starkholders, 10 clect ae director, at | manner tariff hall be adjuste!,or any other matter | Cument presented by Mr. Hewitt, he would there have | sequences. (Applause.) ‘The Prceprany, (Mr. Russel!) —No sir, Bro. desivons of having a discussion. He bad the neat annuad meeting. or earhes. sneh person istoakholder) } oy nustness determined, , geen What the diffleuities were. Mr. Hexny J. Rayvuexp replied to the statement of Mr. Mr. D. D. Fieip—Then I do ‘not withdraw my amend- jeans of a the mas of the Bes in Tay ested with such large powers and discretion as the Mr. Hiwirr would state it with great pleasure. They | Smith, and exposed numerous fallacies and inconsiaten- | ment ‘Supposed that al] the stockholders had read the socbicd Prem of Nee tone stockholders are by Jaw, the undersigned would have | 10st understand that the dircctors who were not on the } cies in it. As to the charge made against the agent of Mr. Grerx.of Maarsachussetts woul an amend- Pamphicts issued, and that these pamphlets. were | son stockholder) as a majority of been reereant to their duty as your trustees if they had | Excoutive Committee bad ne very good means of ander- | the Associated Press, they had often beard that | ment whieh he thought might solve the w difficulty. the foundation of the call of the mectiug; and believ: Sugeest neglected te summon you together to consider what poll | standing vat the Exeeutive Committee were about. | charge made before by persons who bad themesives | It would be to the effect:—That whereas a committee has edd ing 4 Thatthe salt Sry diectane shonld he. nndoretoos a6 vepre- cy shati Le adopted im reference to questions which, in | They were not very ready to give information. He | failed in speculation, and cast the blame on Mr. Craig, | been eppointed to report permanent rates of charges for hat a vory large proportion of the stockholders preferred |. senting the press ol he sesliomrd, aint Un they should be con- | their jadement, are of vital consequence to the fatare | therefore cid pot speak. with that full knowledge of the | and they had offered to give tho mattor every investiga, | the Ameriean ‘Telegraph Company, therefore, resolved, Bhat tho discussion of the private interests bs on al} questions affecting the lalerene af Lempeenntalien proeperit) of the corporation. facts that he ovght to havo. Je did not consider it good | tion, and to go to any expense and give all facilities to | that after raid committee shall have MS itoad ‘such geale PES gine should not be bad. ie publio | dates with the Amevican Telegraph Company, leat without How yon will deal with the matter the undera’ do | taste to deny the directors information. The first diil- | allow the charge to be proved, but it vever had been | of charges, a committee of three shall sppointed by pany pe the powerte alter the tariff of eharges to the préss without the | pot pretend to dictate. One thi is certain, ‘the | ‘Wty that arose was in regard to the Boston press. The |. He disclaimed, on the part of the Associated | the Prevident, not members of the Execotive he had mover! an adjournment. He belioved that a Ma | ¢ ne\ion of tie Presiient, presevt Board of Directors are divided into two sets, who | @*Tabgement with that press was disturbed and broken #8, any desire to interfere with the management of the | who shall be empowered to contract with the Agsocisted ™ jority of stockholders would have voted for the adjourn: |, With thee concresious to the press and the 5am, and by | differ radically as to the policy of the company. The an. | UP- company, but they wanted a definite and well understood | Pree of New York a permanent arrangement in busi- ‘ment, and that the interest of the company: would be be- | Sorting of lines: the eimphoy ment of the host oneerieene nuke | dersigned believe that it would be better for the whole | Mr. Sxnr"—State in what way. arrangement by which they would be protected from the | He, bascd on the scale of prices reported by the Com. a tha the ticalng hilar of the late bawene Boonton nnd os to resign and let a new one be elected, who will ro- Mr, Hewirt—There was a new tariff of charges estab- | hostile action of the Executive Committee. There were | mittee to adjust the subject. . nefitted thereby. But gentlemen had differed with him, | j/Ang twelve o'e'ock, atul between Raston anid Newfound! sent the majority of the steckholders, This can easily lished, The second point was, tha? the Executive Com- | capitalists in this city waiting only to be told that they Mr. Kexpais had the impression that this matter could and now, without discussing the merits of the question, | the svme when the steamers are fulty due; ope: the be efiveted by & request ox your part to the present Board | wittee had given notice to the New York Associated | would have the bussiness of the pete to lay as many | be arranged in 2 couple of hours, and he would therefore he moved the following resolutions -— a Bundarss moriue and evening; exacting uahing extre for | to resign one by one, and substitute such | Press that their arrangement for the roceipt of foreign | lincs ox they could use. His own opinion wna | Moye that the mecting adjourn til ten o’elock tomorfow. 4 a ties Secaie my iy foe a ee ee perrons as you may have Indicated. Whether you | intelligence on the Nova Scotia line must be termi- | that the press of the city would be perfectly content, and Mr. Gxeky was requested to reduce bis resolution to Resolved, first, That the stockholders of the American New Ye nd Washington dori ions of Congr take this Course or not, it will he advisable | baled. The gentlemen: who manage the Associated | would feel rebeved of what at present weighs apon them | Writing. After some time he produced the ‘Telegraph Company deem it incxpedient to take any ac- } tai ndnight, and as much lohger akmay be necessary for ws | to. adopt scme resolution as to the to} Frees dnd ted 0 him that they regarded | with uncertainty, if nothing else, iC, this siteting pt Where ee Leen thon relative to the business for which this mecting hag | inx(ant despate of press reports: Ki sng nt least one at | be pursued by the Board in reference to the and it | thece things as the beginning of a warfare upon them, | stockholders would at once adjourn, and leave each party | of Directors to report to the Board of Directors a scale of boon catlod, it legitimately belonging to the Board of Di- | #1 iimes, beiween twelve M, aut wo P.M. fully maunad and | might perhaps lead to a satisfactory solution of the con- | auc that statement they had followed up by the letter | to take care of its If. y charges or tolls fur the transmission of messages over our rectors. r vg dee dir be ee ee a [2, | troversy, if you were to velect three disercet stockholders, | Which bad been received. That letter evidently expressed Mr, Hare eaid that he had come as a representative of | liver, therefore, Resolved, second, That we have full cou@idence in the | Per ihe wires can be inde Perfectly setinint, and Wat te | of established repatation. ar umpires to decide the mat? | a8 wide w breach between the two as could osaibly be | the Hoxton prees. Jt was not merely @ question of wJol. | Rescived, That when ead committeo shall: have oad. 4 ability avd integrity of the Board of Directors to man American Telegraph Company may look forward to a long ea- | ters in dispute between the Executive Comuuittes and the | get up. They demanded certain things which he was | lars and cents thet excited their interest, although they _ ed and ted such scale of tolls, and the Board of the business, and that equal justice will be done to reer of prosperi: New York consolidated press. frouk to tay were perfectly inedmissible; but if they did | were suffering under direct grievances from having had | VPirectors shall have approved and ‘the: ‘the Public, the press and the stockholders roe gmake Roumablencss of che foregoing requests of the | Sine the above statement wae prepared, a printed | nét ret them or » contract to lust five or ten years, they | the hand of the telegraph y laid upon them. | President be req to appoint a committee of Mx. Livingston wont of to state that, although tho rego- | Press, Hinay be stated that Kad mierda wee ws OT} mphiet, dated 224 June, 1860, bas been issued, signed | Would be compelled to build an opposition line. Under | Te wished it observed that on the statement of the pam- | stockholders, other than the Fxecutive Committed, to ations of large proportion of the stockholders recom. | sataunmon,contrtnule, sanuelly aba one inunired utinand | By'etocs barnes, HO. Alden, and IW, Resselt, Rx. | that state of factsa meeting of thesharehoklers was called, | phiet there had heen Arie of more than 100 per ecnt on | eonclvce om the part of this ‘@ permaness ¢on- \ crplintot tie American Telegraph Company, and wearly ane | eoutive Committce. A carctal'perural of this document, | it order to decide whether the Company should persist | the old prices charged lo the Loston press. ‘The Sgures | tact with the Arsociatod Prees on tho baais of the oom- t mendatory to the Directors ought to influence a body of unaired per cent upon the capitn! required vo fulld a new and ich abounds in misstatements, has only confirmed the | in_makihe these changes or would let weil enough alone. | arrived at by the Executive Committce wero arrived at | pany’s scale of cha gea. ; Directors, still they Lad no legal power; therefore, what- | Mperiat line between Beston wiv Washington, jons above expressed by the undersigned, and 80 far Mr. Cyrve W. Frei Oe pee that the Exeentive Com- | by dividing the eum paiv for @ message by the number of e SRCRRTARY suggested that the words ‘other than aver mighs be the action ofthis meeting, itovuld have | porte graph and thn fltne seaman whi fae | On Ma Tereal allsiona wo them are concerned call) for} mittee Fhould state what poley Whey tntended Wo pur. payers. to which it was aupulicd There would bo ax | the Fxvcutige Comamitien” should be emitted. el Bor 1 except to deny emphatically general charge | ®ve. much reasen in dividing it emong the rs 0 ir. LD" an ersen BO coptrolling power on the Board of Directors. The | SfWN Bp between the telegraph and. the tbusinges | hick porvadce this siege le ore hd that ao er | _ Mr. Rreemrr, the , replied that the Executive | n vers. The Boston preef now have to pay pearl; Mr. Graay for the sake of harmony would hig of the eonatry, seem to entitle the press to an influential poml- Derve ing A und ewspay pre 'y Board of Directors were, in fact, the Atlantic Telegraph | tion in the control of the wires, which we trust will be chear- ned are the mere tools the New York asaeciated | Committee would state that at U r time. It was | twice as much as is paid for ordinary business mesgages, | Tetolution as requested, and would offer it as s substi- for the existing year, He bel that was the | {tly conceded by the officers and stockholders of the American ere its agent, 1). H. Craig;and that their sole object | not to be expected that they should state everything | although the Boston press is @ regular customer | tute for the whoie. Company year. eved Company. to perpetuate the ly of the news in the | they were going to do, and how they were going to do it. | at the rate of 3,000 words a day. They did Mr. D. D, Freip—Of course it is the understanding that Jaw throughout England and the United States. ‘Trusting that you and your associates: ue our sugges | hands of the association. undersigned, so far Mr. Surmt proceeded to show from the pamphlet issued | not object to the abolition of the commutation price, | no change shall be made in the meantime. Mr. D. D, Feu would like to ask whether Mr. Living- | ’reply am Tuesdays the Scot Sema aot Nu favor nawnh | trom having any. such design, will’ be’ glad to | by the Fxceutive Committes, that all the cause of But coupling with that a rate twice as much as tho | The Secxerany and ormmns—Ceriainly, sir. ston held that the Legislature of a State, or that Congres, | Tesnectinili , » ery | offer all possible facilities for campetition, and believe | piaint which the New York prese had wes that they beeinets public pay was unfair. However, he did not Mr. DD. Ficp—And that the committee report as oon bd 7 1 | TA ATRON WEBB. and Knquirer, thatthe contract with the stockholders of the fo nay at the rate of ope mill per word for come to complain of that, But they were afraid they ible. , had power to make constitutions. If not, neither had the JAMES GORDON BEN! New York Herald, Company Fhould be promptly and fully complied In | frem ington, while the and politicians | were not going to have fair from this company, and he PxxsipEt—Ver. Directors the power to make by-laws. The analogy was HORACE GREELEY € OO. Rew ty order to do this, however, it is neither politic nor neces- | and citizens generally bad to pa cents per word. therefore they were led to think that they had to turn | Mr. Kexnais. withdrew his motion to adjourn. N Ma ew York Times. wo in a warfare with the present association, Mr. Bawrt asked whether rate of ope mill per | round end see what they could do for themselves. There | _ The question was taken on Mr. Green's gubatitate, and ot at all perfect unless there was a special law of New Rs New York xpress lice taatovuhe seal tenth tee ae 2 | word was not made out by dividing the orat of a mes- ther gentlemen it was unanimously adopted. Jersey making the Directors the masters and the corpo- | *HALLOCK, ina # HALLOCK, Jouronl of, Commerce, tion aga ee unwise policy of the Executive ‘Coenmnit. iy the number of maperh ae received it, esti ‘The meeting then atjourned sine die, having been in adie ty ies en aie pepo § SJAMiS &. BEAULDING CUMMINGS, ‘orld. tee. uly object of tbe anderaigned is to save the . Sure reeves $6 tie. pamigialet Hest Ho | businers. A gentleman sersion for five and a half hours. have a right the while the Ancis | the ive to be for * ‘Of Boston, remarked that on the eame prin- | wanted a telegraph Partial Destruction of the Brooklyn | ce igi tin lowe We fo agroe 10 BALES chins ‘Boston Dally Ad- an to freo themselves from uiam | clple they might divide the comt of a mewsage by" the Academy of Maste. wo Serato a create Me | PATROLS Ra ee, sich wi erat fl oon te targa te rao | Mr Ce rePa SE rags ent ct ty n00r shes” oR ux A tchUWs ovat oP ate act or der by-laws authorized to bemade by LENRY We DUTTON & SON? Boston Evening Transcript. OPM, om br! pe. seat fromm Washing oo Co pn Preas be gn PERSONS IXJURED—TWO PROBABLY Pa- ‘a ‘Virtue of the charter, denn ABRAM HEWITT milbper word, w! other parties paid Ove ‘ALLY. Mr. D. D. Prey suggested that the charter did not Th PRINTING COMPARY, Propotre Boston Daily At | Mir, Crnvs W. Fimp offered the following Flt ss cents per word. : ; About twenty minutes after five o'clock yesterday af- ‘authorize the Directors to make by-laws. HARLANO! ROGER Boao Journal an amendment to the amendment offered by Mr. . D. D, Pirtp.—Then the object is to ternoon a terrible accident oceurred at the Brooklyn Mr Livixostoy understood that it did. They bad by- RTHINGTON, FLA KDI CO, Boston Traveler. Resolved, That the present tariff of charges to th | mation between different persons who “a asahiea Me Jaws, and those must continue the by-laws till they are | sR the “opening the lines od Sunday Press or public shall not be inereased without the con- Acatemy of Music, situate! on Montagne place, near sepals: His opinion a8 to corporators was that ¢! evening. sent of the sharehulders, expressed at a legal mecting | Mr. Surmm did not care what the object Court street, by whieb sit men were injured—two aus- aly had the power to instra:t the Directors, and As to the propriety and reasonableness of this letter | called for that purpose. the Was to make money, and the object .f the taining wounds which will wnéoubtedly prove: fatal Directors might or might, not obey such instructions. | there is considerable disference of opinion. If the Tele. | What, he asked, was the position of the American Tele. | ‘Telegraph Company was to make money. m : 4 Board of Directors did anything as a malyersation | graph Company wero to gegen ES graph Company ? They had a capital of $1,685,000, in- Mr. D. D. Fieip inquired whether any message received 5 The building bas bees” in procers of erection for come « whether they were instructed or not, the law | to the newspapers, upon the al a few sharea the old companies not yet trang. | by the press paid less than @ similar message received by | fore. the Ai months, having been commenced last October. Within control them. If he wore a member of tho Board | stockholfers, offcers und servants of the buy a | ferred, Their total receipts from the date of the consolj- | snother person? directors, pelecied Uy them were asmnted 10, then there | esamrepeieaks abe wekmtn hive tem elgiiitS to : Dirostors, and, were ladtrucled by & larye proportion of large number of copies daily, the demand would certain- | dation—the Ist of November, 1850—to the Ist of Februa- | Mr. Sarr 4id not know anything about that. would ‘be eight directors in their favor to four who : stockhollers to do an act whigh he was unw idling todo not be listened to. ‘The siockbolders of the Telegraph ;, 1800, was $251,636 26. For the next three months | Mr. D. D. Fisup thought that that was the whole queg- | were in fuvor of the opposite courro of policy. Preparing the toof beams, and raising them to thelfpéat- shoukt resign. He would not disobey the y will, in all human probability, deem it their Thies tecatptn sere 768 79, leaving their for | tion. He new found, however, that thee was no desire on tion. The structure i# about two hundred fe by . stockholder#, but be Aisposo of his stock | right and dnty, under ail ciréumetances, {o control and | the first «ix months they were ‘in existence, 396 05, we Oe Saas ae ae ok fart of thn presk to deal unteirty with the compaby. They | 1 2. sisney.ave feet The roof is termed and resign. He thonght the questions which | mavage thetr own property, under such reasonable regu- | The net profits as given to him by the Agsisiant Trengurcr | prers was the great the telegraph, still it | would not freas that demand, Hoe was giad that this | eighty-fy Ce root ts bd Abey were called to discues, were questions of dovail | Jations as their duty to the pablic demands and theirowa | of the company, weresfor the first three months, $62,487 | ¥s* the great curse of tho telegraph, The press and | discussion had taken place. There had been one unfor- | and Quoen truss roof, with nine trusses extending across: someicing © long acquaintance with the matters of the | interest dictate, il, for the second months hast ihereased eure combined werea great hag = aT Fonz § tupate display made, not so much as he expected. He | i These were raised, with tie beams attached at the sides , © be well and properly adjustel. . He The main point in the letter calling for consideration io'srons $7, making the net is the first six | but still the press had been always, and bly thonght it probable that a direct conference with the As on a ms ‘tes oie regarded {tas lent, for tte mocting | in the present commection i the fact that between the re- | months €128,436 68." Frtimate Ko‘tawe profits for the | always be, u great curre.to the teleg because the | ruciafed Prees would result in a contract beneticial to he Ps vere laghiipemilaedapam ees of wo resolution# that control the action * managers of the Company and the Prees there | other six months of the year, aud their annual profit | }7¢*s got and distribnted ail the intelligence. waich, if | both the press and the company. This discuerion had | work of completing the roof was being rapidly pasted the Of Direotors, who entrusted with their | js Y aan of pinion leading to objectionable de- | would be over $246, lege the interest on bonds to the | bet difvemipated in that way, morchants apd politicians, | done great barm to the American Telegraph Company. | gyrward, Every care had boon taken in the yower from the full confidence of the stockholders in their | mau. amount of $11,020, fete boa Se ‘and above | 4nd others, would bave to get for theins- Ives. He undor- ee ee urcless. He should like to see cn. " Yo believed q ‘The undersigned, desirous to allay the excitement, have | all x; ‘at $285,781.10. A dividend of fifteen | Pood thot the New York press was alarmed. Alarmed | operation between themacives and their customers. But | Of the building to make it as firm and substantial as pos- sourt. epee cones eS ee anes eae fog cept on the full capital of the company would ee is oon the rena, of the es eet ceneenen Rat eotonnse Gene bf sible. ‘ork Associated Presa, who awure them that they really $230 they ‘earning more | & of company, at clors representing , was 10 am to bar- five men desire nothing Jonable, but that they wae thot | Gna” Wipeen’' per.” cent’ ‘ommt’ ead’ ghene thee the egrentive. Comamite ip reparing |g | ter away thei honor und uh Inir-ets of thelr etki Ao thy ener Rees hie wae ea Position defined, and a contract for & terre years, aa to | What would be their pos tiun if there wasa uilloting to ont their heads off. It rem! ore. he made the proposition yemerday to stop | ¢rgaged upon the roof of the builling. A sudden gustof business, which will not leave them at the dajly | built? Every fair minded man wonkd admit a | him of the circumstance of @ young man, ono of | the dircursicn. it was because he believed then that | wind, accompanied with some rain, passed over this part merey of the company and its committees. They also | line, baving al! the press business and all the wid which | Sew York's seus, being banged at the yard arm ofa | that would be for the benciit of tho stockholaers, y ing pres Of the city about the time, and the wind siriking the asanre | unless their relations to the | the could lond it, would get at least half the re. | rations! ship beenuse be looked hip ah we bP | It had been suggested to him to move company ave sv defined, they will be compelled to eesure | cr ‘There might be more hing done, but® ag | the mutinecrs, bung bien for by / looks, nnd go a committee to take this matter in char; ‘western girder or truss firet it fll against the next one, xe Gonatroetion of an opporition tine between Boston and red therefore he did not believe ata de he nga a ooh seabe Sok nae. aed pl te ‘and that falling upon the othor seven of them fell into a tw a the: wif were someth he Boar irectors, a y » be jn wae eth be cae og, bagi business at a price | gate fer, ane ie fos Re file men, It was'their interest 0 harmonize, aud he the building, carrying with them seventeen of the work- they farther stated, Abt not think it just, Comeps co some Thanght the preet believed théy would harmonize. > men, The remainder of tho men were left upon the ribility 0 their being to be, he did not believe was one paper corrupt Mr. H. J. Ravaoxp dit not believe that the prees de- | walle, one of them ‘Weing canght upon the wp by the present Exevut crough to before the prblic and avow what they | rired at any time to contro) the affairs of the Nona eighth girder, which fel 80 94 to hold bim fee wall > ec in the prover itkime which they made tv the carpe. | WF thet bad’ been thee motte, be most say that be thougtit _— Le feces of fon, Aw to the Besten press, grievance was ie had been fairly met by the hostility it rocountered. If | by its weight. A bey who was canght upon the wall was a the rates had been ralsel on them from one twentieth | the company waited for » committer of the press to ask also injured by the ninth beam. sea Pianeta per eae | Fe va re pe fl aug tna | crea the ag rnd wan Dard fr or di comvene. Vee seorta| jews of the New York Asso- herdred per eent 7 ae & cated Prone va of ne wnderstanse (MF. Howitt) had aa Mr, Skne—And IF 8 was five hundred percent it would ney, er to acer any “rice aie Wand “Se. Auden, a amjeriiy of not eae ny to what individoals pay for Propesitien ae to while the deelaration of the Ex- > oy pentive ittee, at witch Mr. Morria, the Mr, Tlat—The Reston papers pay twice as muc! centive Committee steed that they were determined 0 use Oe Rens present, Po fer as ho was able, Mr. Hewitt word ne private ineiwidusls the yower of the company 4o bata up rival amwriations vrenmncnted the Above fate of fact, ay they’ appeared to br, Saree Wan desing with the, facts oot owt by the | ‘That wan a declaration which he @id ot think the prose directors in their pamyhiet. te be jet to submit to. him, fal of eanger Je eS weaid be anger the circus. Mr. D-2), Firir—Py the ‘Executive Committee, if you 7. Ricae war entirely entisfied that there never had the pelicy of the oor <tantially thet be was Very ig- plenee. Let that be divtinctiy understood. been mny neerasity fer the attitude beta cen the Ascoriat- siapees, He was iid sans! having paid itn ‘The Paerwarr remarked that the proceedings of | ed Press and the Telegraph Canpany. The pompbiets that Bon ant of tho telegraph SURRIE, Ne Om Ein to emia fe the Executive Committees were always submitied to | had heen leaned had cavsed smext of the troable, Mr. it fur a few manths only; <2 Se it, Gat bo mone the Pour of Directors. ancl ratided ‘by them. Creigte pempliet tad bee repudiated by the tloority of Soy Saeenigee: Sasciegen ie veg Coiled, whe baa Mr D.D Fan asked whether there bad been any Board | the ae. The representatives af the press took hack have confidence in the kxecutivé to th +: to approve this pamphtet, woefully the claim that had been eet wp. It struck him devoted many years ot patient attention mahject: egative, (iat em aenicadte adjustment of the entire matter conld that ite policy Was a mysees Pee it will all come out read a letter from the members of the | be fixed balf day, provided that one gentleman on 4 fs toe ee py Ag ob EJ ha tonkd call attention to the propo | the part of the press, on whom he threw no blame, and commit! thank them they were right the two or three gentlomen op the part ot the company, on ‘wore placed on a basis of enduring prosperity, which, | and he wos wrong, and them for baviag taken anch | settic it. ‘ould get up and atate that these wham he threw no biome, were excluded (rom that y vunded man were heard | = Froper managemnat, "n>, ndreree ‘cirenmstancen care of the interests of himeelf and Sia, a OT Oe Nene ite the Mecotng com: | eciters withdrew the whele of what they demanded be- | tation. The prese only saked vat their fiterest. shuld Dhish in the basements ‘ eould bed BS | Sceyrnee’ Soe ee ¥ would | caure of that increase of price on the one ride, and that | be & contract for five or ten years, to be | congiderable difcully, he was reached amd @hiected but from the . explained them to | meneed wns . J mag sajuinting ot an increase on the other, ry lived up to” Were the widows and orphans | He way itevtitied by his companions an Me. s of the the F. with them that * oppenition (frou new lings. | “'itere there wan an interraptios of proceedings, canted | atusm he represented:to have their interests sacrificed to | tone marons treidise al M0 Gael eirect One of athe Public, by whose basiuess the lines were | he wae realy to edehange tin for stock. Gentlemen might say that (ies Were vot prosend hore He | Lv the music of the military escorting the Japanese Kin | am ill feeling betwen directors and outeide yartion? He | war foced t0 be distecated, and bie much that ‘saving in tho expense of operat- ‘The igned regret that they cannot lay before the perpere of encatraging oF pri a & swead | Waeey to the Niagara, thought that @ committee should be seiceted from the Jobn C, Simpeen, master rigger, 1 in New under one management, would owe of tise so manis wotiven, Bat b= f. Smith resumee—Ho considered it most dody of the Flockbokders to confer with the representa. | war uext found under the debris la the cellar. He ‘on company to elit Va.ibe publie srester ‘ecy ts Carey. eee hee ‘the consoli- Py Fy tives of the prew, and — Ci ek ees frecture of the rn in the teNigence, f be entirely, ¥ compart tem ent internal Injorks, which wilt . Pay ‘time at rates. tho reestta chon fee vo explnia | seme Vhiiade!pbia prees, and three Inte private quarrels. It was not ite business to strive | was Coatehed 16 the Sor pny Ag A. | toch as to forty the expectations of tho ait parts of the country to Wald uP tie | There directors would heve interest hundred fold and break wp monopolies with which it Iwud nothing w 4. | gtroc. 4 of const @ earnings “ay it the Hecatiye Gomitice are furtained by {ie share Hime tn enpeaticn, te shetre He didnot Wh Thneee eee cf the prees then om the side of the tote. | WF Calg, oh the oe tad, Veligers nt and pognarvné ot | "Gen Rennotey, a abor ¢, residing 1 set pany, even before effect , the construction oppoaltio ween figures ‘uncontradicted. olweye ie, the Secreta © company on the N the entire distanes from the top of rival’ offices and discharging rival b coi Boston and Washington appears to Me pty be pubic ought pot to be tent with thie be gg fee | Stans het, Berwett whom and Mr. Craig thore i not the | xidewalk, Dnt sustatned comparatively = end errvants is felt, have enabled the directore | inevitable, We are aware that you will bo ‘that the | on their minds, Had gentlemen who talk al best of feeling, should nub be allowed to ik up the on- | He was eballed to walk to his residepee, ‘wo mako dividends of three per cent, besides | American Telegraph ‘own the aod the enermous profits of telegraphic companies derstonding between the press and the company. He Jeremiah Morris, residing tn Po was bya i Siar Re the cons of | ond te; thet have exclasive which may be today, and tomorrow vanish, ever would Popgert ee negtintors on the part of the company, — tep of the wall by the the F pt Bed and of incurred Thought of the difference between oe abe hayes neces Mr, Kendall, Mr. Livingston avd Mr. Green girder or trore. His chest waa ‘out the f tary to maintain one cf these little , tremuous Mr. Kewpart. cepleined hia views, Mr. Pield had | tupiained internal injarics, which w phe ines over which the lightoing , and that necessary ftated the enormour profits made by the etic Tele | war copvescd to the Brook! nm City cal as- | to maintain the ponderous ofraiiroads’ Sixty feraph ¢ . Now, be knew that the pts of that | extricated by the members of Hook and Ladder Co, q fanabio i 4 ae cone. g Se eames ee large and ex- ermpeny ‘Wash: and New York were not | who ly upon the spot with their ef the ¢ mpany tra expenditure for while the expenditures equal to their . v profits which they did make | apd uable ba umes and tor are eighty five er Con of thelr sugrogste vere made or tbe line between Washington and the oct, pret receipts. time bad mot qa earived fe men . Field had also not direct. expenses, aid. where there mpetitien Hemp Trev vont wt aera s ‘war no a en fi poeta’ press Maton that he war pot permitted to make a ton to | wae also caught wpen the wall by the ” our to des gah vie eeeeee Se eee = Ee) ee wae gee eae reese! ly the members of Hook EA) os fleet Sey ht Gana ‘ ‘ ; Boston eeme cibersof the workmen were injured how- ted a eatenags af te de ws | rs ant hie ee imei take ever, and left for their homes without pin nin fie genera’ Prose | fee a of the hated Prove Rr] ticle of the 0 Bike lly of New York. The left their | should y no a ig telegrapbing matters to me, in whom they had comfidence. of raion wtece Ge oopemieninn of Whe harrices easton wan was that of a pelt i Hi i! ‘i sits aif He mi i E:ait San on i the Tatarest of Ld Sewenn ms and much of it sof a | any rveh vole ot ‘ioubt om the we used only a single inind for tte outside purposes, | Company Mr. 1 te Meee Re ste Seog] pg & hanoy bolder py eh ‘every director of the com- | nature lines. The | From the carnal reading of ri it There was nO ie about prices with the Associated | ceutive Cy mmitte = me tal sehile | ued to elerate the the " n attention ia now called: to | there were one Or tworproporitions ink whicn took a | Trev cf New York. No difiealty ut that, What was Tey Were 00 Teper ee ee ee there calao ont | cad Gebtts all ofl around Diem, the wir the Board of Direetion, there is a de- | the condition tm which will find itself to | little presuming, to ray tho least. One was, that we had | the difficulty? It wos this: Fa Bypeten oad Aly! ps Patt apy bod I a er ector’ bad wan breed Of, “1 cided <lifference of opinion as to the U by which this $000,600; and won a capital of LO, it te and though we do not Asura Brat a 4 ge: bey oS ae yf Pat BB, w! Teetyand catecly ber desirable result is to be attained. 3 influence | menn or dont | 6 niehty St Sealers Fevieed. The colnt.\tleo wo wninjored land what ptiments = ite agent desired at Ww have acted upon the belief that as the revenues of the | of the leading of ‘York and New Fag: | upon them, still ail directors = ‘on ft contence” which gave | have ‘reported s got of rates which woukt have} Hi company ‘ere already ample and certain to increase, the | land. Tho Company bes & | way snd let the 2 Clee ee eacivé, eantanh, even “tbe: been satisfactory to the prere and everyholy else of wisdom was “to let woll onongh alone.” Their | capital of about bog and a debt Of | set This wae an Yann trick. ay oe og tg ge Hie was one of these who sere ready to thect the press on |) not Steines boon «quia "am omer” They have | Soot 690,000 sase ie’ Now-York | be'mevitinet i they put their foot ints pects tree wien | icontrdince of that potent power over. the markets | strieable term. There wit ne eomtrovarry betwren uhe | mug not been inensibie to the propriety of correcting smal) | ton and Washington, tome local lines in New York | be mentioned if they put their foot into such a with -s ee poowalh mage A nfo a ‘ot | company and the preer, but there was n controversy be. | w at eae Sa’ est isthe leanes Papen pay the faet going out tn The Manifesto that the ay = ~ 4 compte Me he haven pre it | tween Mr. OPnig. and the compa Tt war thre the | apon wae the ‘of the American Telegraph Company to | inflveneo of a bad man that all this diteulty sprang up. Hy Hu t ! ! u sles Unreasnna- ‘ shoul be ¥_ were allowed to go ont wnaccompevied by prees to demand that five directors they would have capitaliets of all grades Fy lon healt ap ereg Lo TG about eecorving iho iy relations ‘whieh break op the ted Prem of New York, Tt woe w | It was be ad he alone who made all the trouble. amon, effected frient! is or » If they did they get op an UP the Assoriated of New j . ee pa ‘ ~ Secon nee set race boils | ena en NGL Beas | aati men ins meses Sette | rand ecagsher rns ket a | oe ; pear that q reses enarged ¥° ay woe chats fre toot may erephasd Gupeaed of thew S100 : of the foreign intelligence. The contract with the Asso a call of the stockholders, He had