Alexandria daily advertiser. [volume] (Alexandria [Va.]) 1803-1808, 1804-08-22

IS 3D. fes t3g5as a - $3.50 =
recsurfe spaif The ieoarats property Of any preeat
or future member OF this companys agnit tneie
perions. excepting .he officers and eryans OF iald
company in regard the faithful dcharge OF the,f
REFLECTIVE duties in the conduct OF the affairs and ad
miniaration of TIE funds OF laid company {; but all
petlDns accepting any bond, Bill, or note' or otaeI
contract of this company, hgned hy ehe ifetdeht ana
counterfened by the Gather of the company for the
time being or dealing with it in any ctbet ruaheS
whatever, thersby epectyely give credit 70 the iad
mint fock or property of the fail company, and
thereby respectively davow hsving recouf!e on any
pfetence waatevsr the pefon or leParaie properly
OF any .preient or future member OF this company,
iex.eptine as before mentioned 1--And all us 10 te
bfaught aganf tins company &. any taa!l oe} ih2ll
be brought sgainlt the PRECEDENT for the time being,
and il cie OF MS deash or removal rcm c!ee, pend
ing any tuch (nit againtt him. meaates hai'te lakch
at the expence of the company for fubLiso,ing ms
facceGor 10 ot.e SIS defendant, 70 that perons haS-
ing ssma; dis upon she company may not DC prsuate-
ed or delayed by that event; or If the perton iuing
Gall 60 on agan} The perton !:ee named aa defen-
dant (notwithItandng his death OF removal from or
fce) this company lhaia take no advantage, by writ
OF error or otherViie of iuch proceeding thar
count; and ali recovery had, IN manner aforeiaid,
fhal de concfaGge won The Company, 70 far as 10
render the Compane's fai5i ionT gock or properly
liable thereby, and no furiherF and the Company
IN al Immediately pay the amount OF luch recovery
out of their cint tock, bur not olherwile. And Ia
cafe of any u, ct law, the Plahient ihall ls lis
appearance Upon the WRIT or file comnon bail hefe
ts il beng expressly undcrtood and declared, thar
all petl,ns dealns, with f.id Company, agrss to
thei- terms and are bound thereby.
Arr. -. Dvidendstt the prei;s Of toe Company,
or 10 muc.l OF fad prcits as hat be desmed exPeoi
ent and proper, hail ne declares halt yearly in the
Fl week IN May ard Novenibgr5 IN e,ch YER tee
amount of laid dividend ihl, tom tine &c ti'ae, DC
determines by ths Board Of Duelo,s, at atpceting
held for thar purpci. AID ibali cafe exeesd th=
amount Of the nett prohts actually aeo,rsd ~ the
Company, f, thar the cap,la aoeS OF the fad Com
paoy fhaii be impaired oy dividends bui the
DeEors Glali De at liberty retain leait one pr
cent upon the capital as fund for ulure conngen-
ces. u
AT. rs. If the esid D.ye9ors faf at any iioaa
wiItully and knowirgy, MAKE decisTs zay dYijeod
WITCH itla Impair tbs sld capital accS,. I'll tns d.
rsctors prelenl at The maxim, or declaring, u att
dividend and coui@atag all be aols in their
individual capacities tothe Coapany, t9F the amount
or proooFacn OF fad Capital tcck, 10 difided by The
faid Directors and each Director who !aa!i be ore
ent al ,hc nskng O. declaring lca dividend, ihalI
be deemed TO have conlerted thersto, untis 5@ ha1
nu,es OF tie proceedings of the board and gye puo
lie noGce 70 me Stockholders, TIA ilcn sod has
be.a declared.
Art ~. TheG a-;icles OF agreement lha!l be pub
lihed in newspapers IN the I;87 Of alrXantrTa,
for one month"; and tor the further intor vi IL
psrions vino usay' transa9 bu!insis w;rh, IL a0T
manner give credit to faid Company, sgvry boDd,
bill, no;e or ether inRrument or contract, by tie
efFea or teru.s of which The Company MAY be cGarg.
ed, or held h.oie for the payment OF money, IN
fpecisy declare, IN iuch cfd as The Board el Lirsc-
tors h1li precrioe that pspa'ent III Il be made cut
of the o,ar funis of the Bzak Of P0tomac aceOiGing
70 the preent articles OF afociation, AMI noc other.
VIE; 4 coy the r45h article OF this aif2eiaon
III All De inler,e N the Bark B ,ok of every psrfJn
depoti;rg money, 0. oInef Yaiusbe property with
the Cplnpdu, ~ la.e xtepifs, er a printed copy
fhalt hs 4 irered esayriuch Pei.on. brfege any
iueh 'depS6'e s,a b: ,eeelytd toni-hnn. And II IS
hereby expressly 4 siafsd, th=t no engagement can
4 gally be r.ate IL Re ne f!dC company, uoies
j, contain iiui-stu CT re tiiti;on 10 the effect above
rected; a3o tie Ger parry hereby ex rsialy disa,ow
ali ref 5orG MY los any deater engagement, which
may be ie IN tllsI nam, nolcontatns . !;mIta-
ton q re r,SftA ne 'lf:ct afoteisid.
Art 49,. The Company Iali ~ &c cafe be own
ers Of any bps or veilels, direesy or indirectly,
be concerned IN Ii ade, or rne imP@rsaon expora-
ton. purchaeer lale Of any goods, wares, mer-
chaDdife whatever, [hlls OF exchange and botieu
only cxcep,ed) and excep: uh hps, vetIs.s. goods
wares, or merchandise, a,ali De truly plejgsd 80
them by wy OF iecprity ter debts doe, o~t"g os
growing tue.to the faid Company, ereppfchated by
them 10 lecue 1uch debts e dae the laid Comp any.
A.f.I9 ii any vacancy Ela!l at arg time nsis'on
atnpng tbs Dne&&ors by death, reh.Ra.on, O, oter-
s!i che reddne OF the DireG}o 5 for the time hsing
anafi etSi a D rector to ell tic vscarcy.
ART 80. The Company lhali not pusci,ale or hcld
any lands. teneMents, other real estates, othsr
shso what may be nec-Gary Fer the coayeaIsft rani.
,s9on oF It's butne!s, unlels lurh iands, leacmeNtss
ard real sstes, fs!i have been hcnsfde, mortg@sed
to the Coa;p!ry, BY way OF lceuriy, OF coayeysd
to it in fa.:sfaS}5e oi d4b,s pfevorly contra6leo
shs coule of dealings, Pnf.hsird iecure debts