The enquirer. [volume] (Richmond, Va.) 1804-1815, 1804-08-08

above two and not exceeding ten, vote for eve
ry four hares above ten and exceeding thirty one
vote Tor every fix ihares above thirty and not ex-
ceeding xty, one vote; FOR every eight flares above
ixty and not exceeding one hundred, one vote and
Tor every ten ihares above that number one vote But
no perlon or perons, bodies corporate otlerwife,
ihail be entitled to more than fifty votes and no
Stockhoider iha be permitted except at the
iirit election, who has held his Rock for thirty
days Prior To the election and I'll ftockhcde-, hall
vote at elections by ballot, in perion or by proxy,
which proxy, in all elections after the frt fa be
made in fuch form the board of Directors hali ap-
point.
Art. 6. A general meeting Of the Gock holders OF
the company ihail be holden the fecond MONDAY
IN November IN every year, Except the preient) at
iuch place the board OF Directors iall appoint. by
giving four weeks notice in one or more of the news
papers Of Alexandria, for the purpoie of eeang Di-
rectors for the enuing year, who hal take their feats
at the board the fucceeding day. and immediately
proceed to eiec the Prefdent But for the preient
year, for the more immediate organization Of the buff
neis OF the company the election ihall be holden on
the iecond Wedneiday in September next under the
direction OF the commifioners appointed to receive
| iubfcriptions.
art 7. The board of directors are hereby fully
empowered to make, revife, alter, or amend all fuch
rules orders, bye laws and regulations for the
nent OF the company, and that of their officers fer
wants and affairs, as they, majority Of them ha
from time to time, think expedient not nconffent
with law or theie articles of alociation and to ufe
employ and dfpofe of the joint flock, funds or pro-
perry OF the fad company Qube6 only the reAric-
tons herein after mentoned) them, or major
lty OF them may feem expedent.
Art 8. All bills, bonds, notes and every CONTRACT
and engagement behalf of the company for the pay
ment of money, ihall be fgned by the PRECEDENT and
counterlgned atteted by the Gather of the compa-
ny; and the funds OF the company ihal in cafe be
held reiponbe for any CONTRACT engagement what
ever unefs the fame fhal be 70 gned and countergn-
ed or attefted as aforelaid
Art 9. The books, papers, correspondence and
funds of the company ihal all times be iubect TO
the INFECTION of the Directors.
Art 10. The faid board of Directors Ihall have
power to appoint Gather and all other officers and
iervants for executing the bufines of the company
and to eitabh the compensation be paid to the Pre-
dent and all other officers and fervants of the copa
ny respectively, and which, together with all other ne
ceiary expences, hall De betrayed out of the funds of
the company.
Art IL. A ma ority of the Directors lhall have
power to call general meeting of the Stockholders
Tor the pupoe relative the Concerns the company
giving at leaft weeks notice in one or more of the
newspapers of the town. fpeciying in fuch notice the
object or objects of fuch meeting.
Art ~. The flares of capital flock at any, time
owned by any individual Stakeholder ha be transfer
able on the books OF the company according to frch
rules smay conformaby law, be ehablied in that
Behalf blythe boardofdrectors but all debts actually due
and payable to the company days of grace for payment
beng Pait) by a Stakeholder requeRing transfer,
mutt be iatished before fuch transfer fall be made
uneis the Board Of Directors a direct to the
ry-
Art. Is. No transfer of flock in this company
ihall be conidered binding upon the company, un-
lef made in book books to be kept for that purpofe
by the company, and it is further expressly agreed and
declared that any Stakeholder who ihal transfer in
manner aforeaid, all his flock or flares in this compa
ny to any other perfon or perions whatever GlalI
thereupon ceaie to be member of this company; and
that any perion perGons whatever who fha accept
transfer OF any itock or hare in this company fhal
thereupon become and be member Of this company
according to theie articles of afiociation.
Art IA. 1t is hereby expressly and explicitly de-
cared to be the object and intention of the perions
who Allocate under the name or firm of The Pref
dent and Directors of the Bank of Potomac that the
Joint flock property of the aid company (excuive
OF dividends 10 be made in the manner hereinafter
mentoned fha alone be reiponble for the debts and
engagements OF the iad company and that no perlon
who mall or may deal with this company or to whom
they iha or may becomen any wife indebted fhall on
any pretence whatever have recoure agan the fepa-
rate property of any prefen or future member of this
company or aganit their perions, excepting the Off
GERS and iervants of fad company in regard to the
faithful ditcharge OF their reflective duties in the con-
duct OF the affairs and administration of the funds of
laid company; but all perfons accepting any bond.
DILL or note, other contract of this company fgned
by the Preident and countergned by the Gather of
the company FOR the time being dealing with it in
any other manner Whatsoever, thereby refpeciyelv
give credit to the fad joint flock or property of the
iaid company, and thereby respectively difavow ha-
wing recourfe on any preserce whatever to the perron
or ieParate property of any preient future member
! OF this company, Excepting before mentioned)-
And all uit to he brought aganf this company Gr a.
ny iha beg hall be brought againA the Prefdent for
:i'S tune being, and cafe OF his death or removal
rom office, pending any fuch iut againf him, nea-
lures ihan be taken at the expence OF the company for
lubititutng his uccefior in office as defendant TO
that perions having demands upon the company NAV
not be preudiccd delayed by that event or If the
Perion lung fha 60 sgainit the perfon FRI named
as defendant Notwithstanding his death or removal
from ohce) this company ia take no advantage, by
WIZ OF error or otherwiie Of lch proceeding On that
accounts and ailrecovery had, in manner aforeG,id
hal be concuve upon the Company, 70 far as to rem,
der the Companys lad joint aock or property liable
thereby, and further; and the Company ilall I'M
medatey pay the Of lch recovery out of their
Joint flock, but not o:herwiie. And in cafe of any
uis at law, the PRECEDENT ihall gn hi; appearance up
on the writ, file common bail thereto il being ex
PTesy uiderlood and declared, that all perlons deal
nag wi'h fad Company, agree to thcis terms and are
| bound thereby.
Art Is. Dividends Of the profits Of toe Company,
or 10 much ri lad profits rs hail be deemed ,,edart