Alexandria daily gazette, commercial & political — Alexandria [Va.], 1810-10-01 00:00:00, page 4

wT—sisisisi—Sss- fsisssi .; . w
si" ct'ssMng (: Cmnþam; oftimitfd Paa-tnersh if),
sssi _
ju— cjmblctklz dss Bath within the Town qf
r si - Way be Mmtedthe
, _ -- *--FABMERS BANK
si " ct P'ALEXANDRIA.
ss- "- E ITRKW 'and made manisestss, that we
ss the Where. have formed a— Compas
if", or limitcd ctPartnership, and do here
:(ct'ss' silzy. ﬂBﬂOs-iate add agree with each other to
'_ _'*conduct the buniuess in the manner hereinaf—
'Ker described and specisied by and under the
Dame and style of The Prcsiden: am! Direc
, Stone ofctssthe Famcrs Beni- qsAlex-mdria, and
; . 'Wc do hereby mutugﬂy' sienvenant and agree
ct si that the following knsites'ssiqþd -restrictions shall
? " life the fundamental artiefes' of_ this our asso
eiatiosin and agreement" with each other, by
sisixvhich we simd all persons who at any time
_- %'—-sisihereaster may n'amact business with the said
' company shall be bound and concluded.
"Article ]. The cnpital 'stock of the said
ss "'T—company may consist_of0ne Mimon ofDol
'Iars, divided into shares of Fifty Dollcn's each,
to depaid as follows :—Five dollars on each
ss ija'narc at the time of subscrihing; five dollars
ssnctzore within thirty days therealter ; - ten dol—
Iars more within forty five days thereafter ;
ten dollars more "within sixty days thereafter ;
ten dollars more 'wi-thin ninety days thereaf
ter, and the remaining ten donars within one
sisi _]1nx1dred and twenty days from the time of
ss-snbscctribing—And che subscriplions towards
connituting the saidstock shall be opened at
..si,..'< .
( .si". ,lhassll take place on the first Monday in Janu
\
..u
te? "and Robert I. Tuylor, or so many of
sithem as may he present : And if a greater
" gltmberofshares shall be subscribed than is
, si'fdtredted'þy this article, the excess shall be
- dcdueteﬂ from each subscriber, in proportion
.to'tke" number by them respectively suhscrib
" . C
Bro0k's City 'Tavern m the town of A exam
--—dria, on Saturday the twentieth day of Oc
'wber, 1810, and continue open irom ten
. * o'clock in the fovenoon until three o'clock in
\
bysi'prexy, and the" number of votes to which
, ' eachsh'all be entitled, shall be according to
sithe number of share: he shall hold.
Afticl: ?- One Lamb previous to each
' Mind of Direetora, the Cashier shall cause
to be made; eat a correct list of all the Sun]:
holden, thieh'ffiall be subject to the inspec
jion of any member of this association.
"Article & No penonsichall he eligible-to
siW-sht office 'of Prectc'tdecth who is not a ci
- ' "1 ctct" United Smesip, and : bonafide
'sic'ss'si- .. V- WWt 9? s has no
=— ary', 1812, and an election each year thereaf
ter, on the firstsiMssonday in January, in the
town OZMW, atsssuch place and under
sucsih kegnlatiinsi. as the President and Direct
mfor the fihss-bpcing may prescribe.
'Mectle 6.*Sdockholders shall vote At all
si ehetiops fer Directors bysi ballot, in person or
\
s.
si ' 'ss . A ; 1
'.AW , - ' "
tm si...
; ,
' '
— and the num her of slmrcs to be subscribed for,
" Inch electionjsihallþe held.
si asuressiizt, the Commissioners or any three
.ct'sisidrticg-ct' 3. 'l'hc Un'cctors at tncu- um. meet—
ing shall choose a Pzssesident out of their own
body, and shall have power also to appoint
such officers and servants under them as m'ay
_bencccssary for executing the business of
si' sithe Bank, and shall allow them such compen
sation for their seri'ices respectively, assishall
bereasonable: Provided, that the aggregate
\ amount of such allownnce, shafi never exceed
one per cent. upon the capital stock.si -
Article 4. The President and Directors
T-Shit" determine the manner of doing business,
* and the rules and forms to be pursued, and
dispose of the money and credit of the Bank,
in such manner as shall seem to them best
calculatedsswmmote the interest of the pro
. ing, and its object, dete rmine finally to ciose
'"thesi said suhscription ; of which determina
in some uewspaper published within the
"town of Alexandria ; which determiuation, so
.h-sied and published, shall be binding and con
Thomas Swann, Charles 1. Laucu, Jucuu
\M_o,r3sscn, Richard III. Scott, George Dcncale,
Robert quofr, Jr. A cwton Keenc, John Ric/z.
ed-ct—But is the whole number of shares shall
[not be subscribed within the period above
mentimzed, the Comntissioners shall close
the subscription book, "which shall remain
closed until the election of the Pt'esid'ent and
Directcrs, and so continue closed until the
said Prcsident and Directors shall think pro
per to open it, who may & shall have power
to prescribe the terms and mode of payment,
t 'JD.
' .im'cle 2. The subscription being doscd as
tion they shall give six weeks public notice,
from time to time until the asoresaid capital
of one Mitlion of Dczliars shall be fully sub—
scrihed, or until the said President and Di
rectors shall at a suit meeting ofthe'uss Board,
v-hesin an the members thereof shall have had
at Xcast ten days previoushotice of such meet
the astcmocn, undcn the snperintendance of
of them shall forthwith ndvertise a meeting
clujsiive upon all the members of thin associa
ofthe :-uizbcribers, "for the purpose of electing
fitteen DSx-cctors, one third of whom et Ieast
shadl he citizcns of the Commonwealth of
Virg'mia- to organize and conduct the assairs
of—thesisaid associution, giving eight days no
'ee thereof, and of the time and place where
" title 3. 'The second election of Directors
-' * P--_L—-AL_
!.--L
i si Arnol- 9- ssN'bpet-ion shaube ensigzbzectcoass
! Article 13. Any number of Stockhotders,
1 not exceeding twenty, owning tOgether,
stock to the emount of fifty thousand dol
lars, for the space of six mouthe, shailhe at
liberty to call: meeting at any time of the
Stockhoiders, & may appoint three of their
] number asa committee to examine into the
state & condition of the bank, & the manner
! in Which its assairs have been conducted—
Provided that no member of such committee
she] be : director, president or ozhcr officer
4 or servant of any other Bank.
. Article 14. The President and Cashiet
1 shalt respectivciy give bond and security,
; and also take an outh for the faithful dis
charge of their duties-si-the Pressiident in the
] sum of twenty thousand duiiafs, and the
! Cashier in the sum of thirty thousand dol
has; the other officers and see 'ants shall
aiso take an oath end enter into bond 2: se
* curitv, in such sums as the President and ss
Dirzsi-etors may prescribe. "ss
Article 15. The total amount of Bank?
Notes and all other engagemems of the ss
Bank for the peyment of money, shall ne- -'
ver exceed the amount of Bank Capitel, and \
the amount of menies deposited in Bank for
safe keeping : It being the decided intention ?
of this article, that the ecgzgements of the
Bank for the peyment of money, she]! in no ?
instance whatever exceed its actual lad es, 1
ficient means of paymcnt. :
si Article 16. All bills, bonds, notes end
every contract or engagcmeut on behzlf of
the Company for the puyment of money,;
shaii be sighed by the President and coun- {
tersigned by the Ceshisi'r, end the shode o! i
the Company shall in no case he liable fOr ss
any contract or engngcment, unless he same
shau be sighed end countenigncd as afore
- said. .
Article 17. The Sheres of the Clpital (
Stock shall be tmnsfenbie atssmy time, ac-ss
cording to such rttlee as may he ectahiished 'ct
by the President end Directors. But no 3
Stock she]! be transferred, the holder there- ?
osbein'g indebted to the End., until such ]
, debt be satisfied, except the President and:
i Directors shall otherwise order it- ' 3
Am'clcte 18; Every Stocihoider, thetheri
: he be so by original'subScription or by trans- I
? fer, shall be considered as :: member of :hisi
association, and when he ceases to be a .
! stockhelder he shall eeese to be a member.i
; Artic/e 19. It shall be the duty of the
; President, (in whose absence—the Dirc'Ctorsssl
shall app0int a President pro temposctsi) to
preside at the Board of Directors, to_votc
. on all questions, to mintite the proceedings
of the Board, to cause son the orders & reso
lutions'of the Board to be carried into eﬀect,
to sign alibonds, bills, notes or otherengage- l
_ ments which the Board may from time to 1:
time direct to be insu'ed for the payment of 3
money, and generally to superintend the *
' assairs and watch over the interest of this
aseociation.
! Article 20. If vaeaney shall at any time
; happen insisi the office of President, Director, I
j-Cashier, or any other officer or servant of
' the Bank, by death, resigoation, disqualisij
_ ficatiqn oi- otherwise, the same may be fill—i
e_d byssa malority of the Directora foi- the;
iime-beictng.
hoid the'sissoffice 'of Director_ Who ctissinot
. acitizectn ojssthe United Statea, and above
' fide Stoc'khelder to' the amOuttt' of at lgsi'azt
five "thousanddoilars- But ifct-sieny person
i should, be elected as President or Direccot
; who shall no: at the time of his ecc
; tion be quaiified under this and the fore
going article, he shail be aiiowed thirty
.days to quality himself, and during the
; term at his disqualification he sheil not ex
Zct ertise or persomt any of the duties apper
tainingto his appointment, but is he does
not within this period qullify himself as a
- foresaid, his appointmeot shall be deemed
void, and the Board of President and Di
rectors may proceed to fill the tacancy.
Article 10. The President and Directors
ct shall as soon as they may deem it expedi
' ent, declare a dividend o! prosits, and every
_ halfyearthereafter,'eh_zlimake and declare
.si such dividends of profit as they may deem
' proper—but no dividend shall be declared
- exerpt by a majprity 'of all the Dir'ectors.
Article 1). A majority of the whole num
ber ofD'nsicctore shall be necessary in the
choice of the Ptesident and Cashier, but
three.mcmbers with the Presidcnt may
consitute a Board for tra—nsacting the ordi
nary business of the Bank.
Article 12. The President and Directors
shall keep a book in which their proceed
ings, at their meetinge as ; Board, shall be
regularly recorded, and upon every question
'which may occur, the eyes and noes there
upon shall be noted, which record book
shall at all times be open to the inspection of
any Stockholder, not being a director, offi
cer or servant of my other Bank, who shali
six mouths previous to his application be
the proprietor of stock to the mount 'of
D
A
.
-.-.—'
three thousand donars.
45:le 21; Yeﬂndins manam &
F'co'mmodafianss shall & giiizitsiessz;fesiiiie'jzt, at
" to pay up the several instalmcnts upon his,
otherwise, A copy of the 24th articlc of this
association shall be inserted in the bank book
of every person depOSiting money or other
valuabh: property with the company sor safe
'custody, or a printed copy of the said 24th
article shall be delivered to every such per
son before any such deposit shell be received
from him. And it is hereby expressly de
siclared, that no engagement can be legally
made in the name ofthe said company un
si Þg ,eytprepssiz Wyj 'pll t'esponsibility sifoxf
"less ?; contain a limitation or restriction to the -
subscription as .hcrcin before directed, his
interc'st upon such instalments as he may
have paid shall cease, as to him, and remain
to the use and bencfit of the other members '
of this associatssion.
Articlc 23. If the Directors of this As- :
sociation shall at any time wilfully and
knowingly make and declare any dividend ;
which shall impair the capital stock, or 'I
shall wilfully and knowingly violate and in- ;
{singe any of the foregoing fundamental ar- (
ticlcs of this Association, all the Directors ;
present at the making ossr declaring such di- }
! vidcnd, or violating or insraccing such fun— :
damcntalarticle or articlcs, and consenting ?
thereto, shail be liable in their individual j
capacitics to the Company for the amount )
-or prOpot-tion of said capital stock so di
vided, and also for any injury or damage
that may accruc in conscqumcc osany such
violation or infraction as aforcsaid ; and
each Director who shall be present shall be
deemed to have assented thereto unless he
cause his dictsscnt to be entered on record.
Article 24. It is hereby expressly and ex
pl'tcitly declared to be the object and intc'n
thqfdiscret'lonssof the. Presidcnt and Direct
ors, to a Stockctholdcr, and not to a Stock
hold'cr to an amossu'nt "exceeding the anioutit
of his stock actually—paid up. ' -
Article 29... If any Stockssholder shall fail
to the present axticles of association, and not j
shall be conclusive upon the company, so
sat as to render the company's said jo'mt
stock or property liable thereby. and no
further ; and the company shall immediate
ly pay the amount of such recovcry out of
their joint stock, but not otherwise. And
in case of any suit at law, the president
shall sign his appearance upon the writ, or
file common bait thereto ; it being expressly
understood and declared that all persons
(leasing with the said company, agree to
these terms, and are to be bound thereby.
Article :25. These articlcs of agreement
shall be published at least twenty days in the
the Alexandria Daily Gazette; and for the
iurther information of all persous who may
transact business with or give credit to this
Company, every bond, bill, or note, orother
instrument or contract, by the eﬀect or terms
of which the company may be charged or
heldliable for the payment of money, shall
specially declare in such form as the Presi
dent and Directors shall prescribe, that pay
mcnt shall be made out of the join! sunds of
the Farmers Bank us Alexandria, according
that persons having demands upon the corn
pany may not be prejudiced or delayed by
that event: Or, if the person suing, shall
go on against the person first named as de
fendan! (notwithstancling his death or re
moval from office) this company shall take
no udvantage, by writ of error or other
wise, of such proceedinﬀ on that account;
and all recoveries, had in manner afaresaid,
this company, or to whom they man or
may become in any wise indebted, shall, on
any pretence whatever, have recomee a
gainst the separate property of any present
or future member of this company, or a
gainst their persons, further than may be
necessary to secure the faithful application
of the sunds thereof to the purposes to
which, by these presents, they are liable:
But all persons accepting any hond, bill or
note, or Other contract of this company,
signed by the President, and countcrssitgned
or attested by the Cashier of the company,
for the time being, or dtsiztling with it in
any other manner whatsocver, thereby re
spectively give crcdit to the sairijoint stock
or property fthe said company, and there
by respectiveiy disavow having recourse,
on any pretence whatever, to the person or
separate property of any pres
member of this company, except as above
mentioned. And all suits to be brought
aﬀzinet this company (if any shall he) shall
be brought against the Presidcnt !or the
time being, andjn case of his death or re
moval from osstce, pending any such suit
against him. measures shall be taken, at the
exPence us the company, for substituting
his successor in office, as a defendnnt ; so
tion ot the persons who associatc' under the
stile or firm of tho Prcsidcnt and Directors
of the: Farmcrs, Book of Alexandria, that
the joint stock or preperty of the said com
pany, (exclusive of the dividcnds to be
made in the manner hcrrin after mentioned)
shall alone be responsible for the debts and
engagcmcnts of the satd company. And
that no pctson who shall or may deal with ct
eﬀect above recited. And the company here
ent or future
-* "c.
.
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<—-————-——
si!
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.
.zuy debt or essn'Wtemkm; which" .. ss
m mssetrsiqame, not cqmassining a si , !an
resrrlctton to the eﬀect ashmaia, Wonct
.drt. 26. The president and'dire \
ha've powct: (a'm'ajority of lfleir "fie"; she.
her concurrmg) to make, l'e-Vise. ausssslct '
nul all such rules, orders csir well of 0 .
government of the comptssnv and t'ctsisiss-si forth.
officers) servants, and snslzirs, sissssiss'si
front ttme to time think expctsiwsiey It?)
conststent with law or the issuclcs of, "91 N'—
sociation. sh's '
Art. 27. The [tresndent and ditectors
have power to pennon for an acto 51
"ration, and to accept such act, or (
nsimy seem to them calcul'csstul to pr
interests of this assoeizcttion. \
Art: 28. Any number of stockholde 9},
less than twenty, who together shall be .sst
prietors of two thousand shareg, may ct-OTP"
purpose relativc to the institution, at atw (an'
appty to the president and directm's,10"?1
:] general meeting of the StOCkhOiders, dncdsisi:
by them refused. the said number Ofstogkl ss
holders pmprleturs of not less thanumsivl .
her of shares, shall have power to call 11 gsinsi
ral mecting of the stockholders, gt'vih (si
least sixty days notice in a ncwspapsi—l. PIsiFntct
ed within the town of Alexandria, tpmsi-yisi;
in such notice the object or objecgs 01" sucsi
call.
Art. 29. This association shall continu
withottt limitation. But nevertheless the mo,
prietors of two thirds of the Capital S'ssntkos
the company may by their concurl'cntvotcsw
a general meeting to be called sorth-sixtnur;
pose, dissolve the same at :.ny perio-ctsizct
the year of our lord one thousand eight hun—
dred and thirty : Providcd that noticed such
meeting and its Objects shall be puhiishcu in
two or more ncu'spapcrs printed within l'tsie
district ol' Columhin, for at ]casttizrcc mo'.:bs
successivcly, previous to the time UppOiisttd
for such mecting.
Article 30, On the dissolution of this
asi—sociation, whenever the same shall be (it:
termined on, effectual measures shall bcim
mediately taken by the president and di
rectors then in office, for closing atl tlsisic
concerns of the company, {and ivr dit-Lcctipg
the capital and prtzfits whith may remain
among the stockholders, in sinzportinn to
their respective interests
September 18. 00' ];
The editors of the National Wctsi'
gcncer, the Federal Gazctte, 3" sictlpmmi,
the Virginia Patrior, and the Esfflussctjss
Richmond, and (he Centinel, at thchcsiﬂ;
are requestcd to publish the above alld 3?!
for payment at this office. _________._.-/
Id' Prlnttng m all tts PZZSZ
-ss _ , , . - A.
es neatly emaltfid atss shffisi
7thubscriber has Just h'ecezzfc-ajrum
14 RAMS and 42 Law's,
which will be oﬀered for sulc on a liber-ctlcrc
dit at Broomiawn, near this tow:1,on Mctssany
the Fill qf Oclobtr liest.
Ccrtificatcs relative to the ch
breed oslhcse sheep, from the
Romana and others who conductcd the
on the part of the Spanish Juma, arc "
my possession and will be shcwn to 1119?
who are inclined to purchase-togctl'sicr Vsilﬄ
the certificate of William Jarvis, ]{sq ﬄls
Consul at Lisbon, by whom they v.crc select
cd and shipped to this country. They are
warranted by that gentleman to be of the tru-ctsi
Leonese, 'l"ranshumante Merino breed} Us
the ﬂocks Ofthe late Prince ofPeace ; (sit ffict
Cabara, called Paular's, which has cvet' been
held in the highest estimation in Sp'dlsh "".
account ofthe size as well as the finencss OL
ﬂeecc.
The appearance osthese sheep assuﬂls th'
strongest. additional testimony in
as they ah!: unquestionably larger,
ﬂeeces at least as sine as any which
heretoforc imported to this place.
At a Board of Directors of the Do
mestic A'lanui'urturc Company of Aicxun
dria, held at their warchouse, Scptembu-B,
ISlO, .
Ordcrfd, Thaithc stockhnldcrs cstlsiism-ct
stitution bc tumified through the medium "1
the newspnper of this town for two wcffks
previousss [0 the day Of payment ci'the shstm:
stalmcnt of stock, that. ccrtisxcatcs of 51qu
Will be ready for delivery to shosculrornl
then or within ten days thereafter pay up_ the
whoie of their instalments. and that tnr-sc
sailing to comply will be excluded sx'om rc
cciving any part of the dividcnds.
joined.
Job 11 M ac Leod, Agmf.
The ninth and last instal'mcntos
One Dollar on each share of stock us He
Domcstic Manushcture Company ol' Humo
dria becomes due and payahlc nn'l'ucsdsi-y
the '2d day of Octcbcr next, at tbcsier ware—
housc 01, King- stl'celct—s_7cr1isi<'atcs of stock
will then be ready for dclivcry agreeable to
the order of me Bourd of Dirccun-a, sub
si Domesiic L-fanusafiiurc CO]11pan)'.
"..—
(Signs?!) , , .
john M'Kmncy, C/zazrssman.
Septcmbsier 18- (sioctdFL—ss
Spfinishssctfiffiffissgficcp.
james H. HOOC
.. . . p 7..- ('h-ctst A
thetr sisﬄ'ﬄ't
zmd Ci'ssss
have life"
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M'ssuquis "1
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