National gazette. — Philadelphia [Pa.], 1793-01-23 00:00:00, page 1

[Numb. 25 of Vol. ll.] WEDNESDAY, January 23, 1793
In conjequence of a letter received by the
Editor from a ful/fcriher in Maryland
requeuing a publication of the cohflitu
tion and rules of t'le " Young Ladies' A
caiemy of Pliildie Iphia." he applied to
the Principal & Officers of the jai I In-
Jlitution, who furnifhed him with the AH
nf Incorporation & Bye Laws agreed up
on by the Trujltts, 'which are as follow,
viz.
Thf CommSnwealt'i of Pennfvlvania.
To ALL PEOPLE TO WHOM THESE
PRESENTS SHALL COME,
greeting :
77" NOW ys, that in pursuance of an ast
of.the'genera! aflembly of the comnapn
\veilth of Pennsylvania, entitled, ' An ait
*to confer o r certain aflooiations of this
commonwealth, ttis powers and innnuni
tiesof corporatioasurbodiespolitic inlaw.
The Rev. Dr. James Sproat,
Rev. Dr. Samuel M'Gaw,
Rev. Dr. Robert Blackwell,
Rev. Dr. Henry Helmuth,
The Rev. Frederick Schmidt,
The Rev. Dr. Alhbel Green,
The Rev. John Meder,
The Rev.John Herman Winkhoufe,
Mr. Pelatiah Webster,
i Christopher Kucher, Esq.
Gewp;e Meade, Esq.
Dr. Benjamin Say,
Dr. William W. Smith, and,
Mr. John Ely, trustees of the Acade
my for the education of female pupils, in
the city of Philadelphia ; now under the
fuperintendance of Mr. John Poor, A. M.
Principal or head teacher of Paid academy,
nrs, to said aft,and in pursuance
thereof, incorporated and made a body
corporate and politic in law ; to have per
petual duration by the name and stile ol
'The Trustees of the young ladies 1 acade
my of Philadelphi a,' on the articles and
conditions following :
Article I. The corporation by .the
stile and title aforefaid, lb all, for
ever hereafter, b - persons able and capa
ble in law, to take and receive, hold and
enjoy all filch privileges, rights powers,
and franchifes as other corporations ol
like kind in this commonwealth usually
enjoy.
Article 11. The corporation aforefaid,
ftiall have power to make and use a com
mon seal, and change the fame at their
pleasure, and by the name aforefaid, (hall
be able to appear, sue and be sued, plead
and be impleaded ip all courts of law,
causes and things, and to obtain and fur
tain all legal judgments, executions, a
wards and decrees; both intermediate
and final, incident to the fame. Also,
to hold, purchase and fell all person
al mixed estates and property, which
may be conveyed to them either by gift,
grant or deviie, or in any other way, not
exceeding the yearly value or income ol
five hundred pounds currency of Penn
sylvania.
Article 111. The corporation aforefaid.
fliallhave power to choose and appoint al.
such officers, and make & use all foch bye
laws, as (hall be neceflary to promote the
well being and good order of the instituti
on, and not inconsistent with the laws o'
the United States or this commonwealth.
And that all donations of estate-real, per
sonal and mixed, made to the said corpo
ration by grant, or devise, or in any othei
way, (hall be improved, used and confined,
to and for the purposes and limitation:
exprelfed and implied in the said donati
ons, and for no other use.
Ai tide IV. The said academy and al
the estate, issues, and profits of it, ihall b:
confined and used for.the education ol
female pupils, exclulive of all male pu
pils, cxcepc such as are under seven
years of age, in such manner as any legal
board of trustees for the time being lhall
direst.
Article V. The board of trustees lhall
have power to exclude an officer, or an)
other member from their board, for mif
demeaaor or negligence ; and also lhal:
have power to supply any vacancy of pre
sident, vice prelident, fccretary or trustees,
appoint any other officer by vote of the
majority of the members present, and ir
the fame manner (hall appoint, ordain, and
define, any and every other lawful buli
nefs, matter or thing which they may deem
r.ecefpiry and salutary to their society,
provided that no board confiding of lef:
than eight members, lhall exclude a mem
ber ; appoint or exclude the prelident,
vice plefident, secretary, the principal or
head teacher of the academy; nor lhall a
board of less than five have power to tranf
a£t any other bulinefs except adjourning ;
By P. FRENEAU: Publijhcd. Wednesdays and Saturdays, at Three Dollars per annum.
and all votes (hall be taken by ballot, if
demanded by any two members present.
Article VI. Any board of trustees (hall
have power and may appoint examiilati -
o.is a:id commencements of the pupils, and
grant premiums and diplomas or certifi
cates as testimonials of merit and great
proficiency in improvement in the scholastic
exercises of tile academy, to such pupils,
Mvho by extraordinary efforts of geniu;
and diligence, (hall appear to them to be
entitled to such rewards, and diftinguiih
in? honours of the leminary.
Article VII. Tlie following gentlemer
are appointed officers, of the trustees :
Rev. Dr. Spi'oat, PreCklent,
Rev. Dr. SamuelMagaw, V.Prefiden
Dr. Benjamin Say, Secretiry.
Mr. John Pook • M.f rinripal offaid A
cademv for the timbeiig; fcthe faidPoor
in conl'Jeratio i of liis g'"eat exertions anc
expense in ereiHig, forming and impro
vmgfiicl academy, from its infancy, rp tc
its present naudlhing fitnation, (hall b<
continued Principal, and fhal! not be dis
placed by a ly board of trustees, unless so!
crime, misdemeanor or disability, eithei
natural or civil, and fh'.ll always be one o!
the trustee; during the time that he (hal
continue Princ'paT
Article VIII. The exifthig trustees fhal
never be more than sixteen, nor less thai
eight ; but if ever the number (hall be re
j duce l to less than eight, the existing trus
tees (hall proceed to 111 no the vacancy by
new appointmen s ; for this purpose i
majority of any board prelcnt, on due no
tice given, (hall have power to make faici
new appointments, though their numbei
ihould be less than five.
Artiele IX. All meetings of the trustee.
(hall be summoned by the president, vice
president, secretary or principal, by notics
in writing to all the members, at lea.il
threi; days previous to tt«? so?etsr.».
Article X. If any twelve fubferibers to
the funds of this academy (hall (fgn anc
present a petition to the president or prin
cipal for a new appointment of trnftees, ir
the election of whom, they and other sub
scribers wiilito be admitted to vote in con
junction with the trustees in being, fuel
election (hall be appointed, with time ant
place notified in some of the public news
papers, at lea ft seven days before the daj
of election : and the men appointed by fait
ele£tion, (hall be the legal thiftees, exclu
sive of all others ; provided that no mar
(hall be deemed a fubferiber to such fu nd
til! his fubfeription (hall be accepted bj
the trustees, and entered in the propel
books of the Academy.
i James Sproat,
Samuel M'Gaw,
Juftu<H.C Helmuth,
Frederick Schmidt,
Aftibell Green,
Robert Blackwell,
John Medcr,
John H. Winkhoufe,
Pelatiah Webster,
George Meade,
•Win. W.Smith,
Christopher Kucher,
John Ely.
I HAVE perused and examined the pre
:eding instrument, and hereby certify, thai
[ am of opinion, that the objects, articles,
md conditions therein set forth and con
fined, are lawful.
JARED INGERSOLL.
Attorney General.
WK the justices of tlje commonwealth
;>f Penulylvania, hereby certify that at ;
"uprerne court held at Philadelphia for the
"aid commonwealth on the ninth day oi
January, in the year of our Lord one thou
sand seven hundred and ninety-two, an a£l
>r instrument of incorporation of the trus
tees of the academy for the education ol
female pupils in the city of Philadelphia,
under the fuperintendance of Mr. Johr
Poor, by the name and stile ol ' the "1 ruf
teesofthe Young Ladies Academy of Phi
ladelphia,' signed by the laid trustees, to
gether with the opinion of Jared Ingerfoll
Esq. attorney general of the said common
wealth thereon was exhibited to the faic
lupremecourt ; who, having perused anc:
examined the fame, concur with him ir.
opinion, that the objects, articles, aijd con
ditions therein set forth and contained,
arc lawful-
Thomas M'Kean,
Edward Shippen,
Jasper Yeates,
William Bradford.'
*DeceaJed.
IN THE NAME and by the au
thority of the common
wealth Gf Pennsylvania, Tho-
SEAL. mas Mifflin, governor of the
said commonwealth:—-To
Thomas Matthew Irwin, Esq. matter
Mifflin. of the rolls in and for the
said commonwealth,
SENDS GREETING :
WHEREAS, it has been duly certified
tome by Jared Ingerfoll, Esq. attorney
general of the said commonwealth, and by
Thomas M'Kean, Efqrs. chief jufiices, &
Edward Shippen, Jasper Yeates, and Wm.
Bradford, Efqrs. jufticesoftbefupremecourt
of Pennsylvania, that they have refpeftive
ly peru fed and examined the foregoing afl
or instrument for the incorporation of the
trnftees of the young ladies academy of
Philadelphia, and that they concur in opi
nion, that the objects, articles, and condi
tions therein set forth and contained, are
lawful.
Now Itntnu you, that in pursuance of the
ast of the general assembly in such cafe
made and provided, I have transmitted the
said ast or instrument of incorporation un
co you the said Matthew Irwin, master oi
Che rolls aforefaid, hereby requiring yov
to enroll the fame at the expence of the
ipplicants, to the intent that, according tc
the objects, articles and conditions |therein
"et forth and contained, the parties maj
sjcoijic and be a corporation or body poli
ce in law and in fact, to have continuance
:>y riie name, stile and title in the said in-
Iruroent provided aud declared.
Giyen under my hand and the less seal
qf the Stare of Pennsylvania this tirit
day of February, in the year of our
Lord, one thousand feveu hundred
ninety-two, and of the common
wealth the (ixteenth.
By the governor.
A»-l. - ■€ m »tti-y.
Inrolled in tjie Rolls' Office, for the
state of Pennsylvania, in law book
; S EAL)N». 4, page2Bl. &c. wituefs my
hand and seal of office, the jd oi
February, 1792 -
Matthew Irwin, M. R.
[The Bye-Laws in our next. ]
"urfory observations on the pernicious
tendency of borrowing money in Europe.
[From The Crifts, a publication in tht
Boston Independent Chronicle.']
ONE leading principle which ought tc
govern the rulers and people of the
United States is, to avoid as much as polli
jle, every political comleftion in Europe,
rhe manners and politics of the greatell
jart of that country, are totally oppofec
:o the real interest and advancement oi
:he American government. The repub
lican principles, on which are founded tht
balis of cur constitution, are in great dan
ger of being totally eradicated, ihould w<
enter into any intimacy whatever with
F.uropean courts more particularly
when we know that many of our greal
characters feel a predilection for the dif
tinftions, titles, pomp and parade attend
ant on monarchical and ariftocratical in*
[titutions.
The connection of these young state:
with old European courts is equally as un
natural, as the union of old age and youth;
Our interelis are so far at variance, that
their politics must be always hostile ;
neither can the American commerce, agri
culture and manufactures ever thrive while
we continue in the habit of promoting
tjieirs—ln ihort, America stands detached
from the world, otherwavsthanasa triend
to the cause of virtue aud freedom ; ihe
must expect to flouriih as a nation by th^ 1
integrity of the citizens, the cheapness oi
her commodities, the regulation of her na
vigation, the promotion of her manuiac
tures and the improvements of her agri
culture. UNSHACKLED WITH ANY
FINANCIERING
must become in reality, as well as in name
free, sovereign and independent—Thu:
eftabliihed, neither the cabals nor ammo
fities ariiing from ambition, which alter
nately convulfethe European powers, wil.
ever be able to dilturb her peace, or injure
her prosperity. —In a politicalJetije, piovi
ded we are collected within ourielves,
the permanency of our government wil
ever ft and unmoved', amidtna wrttk $
matter, and the crujli of worlds.''
The above reflections naturally arofc
while reading the account of the loans
lately effected in Europe. These comma
nications are announced by Congrvfs will
a degree of fatisfaction, as if the honor
and credit of the United States, received
additional fupportfrom them. The 'pans
obtained at Amsterdam and Antwerp, are
Oiled a confirmation of our public credit;
and what is more surprising, they are de
clared excitements to enforce the obligati
-011 to enter on systematic and effectual ar
rangements, for discharging | the public
debt.
There is a dignity which ought ever to
be maintained by a nation, in all their pub
lic conduct. Whatever is published to the
world as the result of their deliberations,
should exhibit, in the moftftriking manner,
their credit and reputation. But how
humiliating to every American, to find us
boafling of the establishment of our public
credit, merely by the loans of a tew mil
lions of guilders obtained from the munifi
cent cities of Ant werp&Amiterdam, & their
generosity urged as a principal reason to
enforce our obligations to enter into fyfte-.
matic, and effectual arrangements for dis
charging the public debt.
After the many brilliant publications of
our public revenue, authenticated by the
Secretary of the Treasury ; the vast Jur
p/us ariling after discharging our annual
interest—the pompous accounts of the in
crease of our commerce, and the universal
flourifhing lituation of our country, can it
now be a matter of such high exultation,
that the cities of Antwerp and Amsterdam
should loan to these States, the amount of
a few thousand dollars, upon the security
of this vast display of refourccs ?—Was it
prudent or expedient, that we should make
this public boast of our encreafing reputa
tion, and declare to the world that the li
berality of those cities calls on us for a
more effectual fyjjtm of finance ?—This
certainly cannot be intended to reflect on
the ingenuity of Mr. Hamilton ; for where
arc the systems already adopted, on which
such encomiums have beenlavifhed ? How
comes ft to pass thartftey are not effectual,'
when on paper, there appears such a vast
overplus, to answer every emergency?
Is theconduft of Antwerp and Amsterdam,
the sole stimulus for our exertions—when
long before we borrowed any money of
them, we were told "by authority, that
the revenue was competent to every pur
pose ? If there was a fufficiency for all our
wants, why do we still involve onrfelves <
by borrowing ? Or if there was not, we
Ihould at least be indulged by knowing the
cause of the failure.
The money borrowed of these cities, it
is probable,arc on terms equally as humili
ating as our former loans ; if so, not only
the revenue, but every spire of grass, is
mortgaged for its redemption. It would
be well that the communication of our
loans should be accompanied with a copy
ofthe contratt.
It is aflerted, that the loans obtained,
enforce the obligation to discharge the na
tional debt ; as If the obligation was great
er to perfwns who tent us money upon the
moll ample security, than to our own ci
tizens, who a (lifted us with money and ser
vices in those days when uncertainty and
distress pervaded our public measures.
These loans are made upon the princi
ple of reducing the rate of interest, tliac
we may discharge a certain proportion of
the debt that now carries 6 per cent. If
this is the reason, there was 110 occasion to
hold up an idea of the mighty obligation
we are under to these people, or to bring
our national credit to the level of a few
millions of guilders. A Dutchman or
\ uftriai) would not lend a farthing, with
out the mqft ample security ; and if we
;uarar.tyed the payment to their full fatis
;'aQioil, we are not under such infinite ob
igation to them. The individuals, who
;ver they are, must feel their importance,
o find the United States, so publicly ac
knowledging their charitable disposition,
ind extolling their kindness 5 while on
the other hand, when they peruse the
terms, on which this obligation is found
;d, they must smile at our excessive conde
[cer.fion, and extreme politeness.
The idea of borrowing money m Eu
rope, to discharge our debts, notwith
standing at firft view it may appear favour
able. yet it is probable in a few years it
will be attended with disagreeable conse
quences. It is rather flattering to sup
pose we are borrowing money at 5 per
cent, to discharge a debt which is drawing
6 per cent. —But when we consider the
cxpepces attending the negotiation, and
the numberless et ceieras, in tranfafting
Che business, it is much doubted whether
the net amount that goes into the treasury,
is much fhortjof the original o per cei.t. —
[Total No. 129.]