Alexandria daily advertiser. [volume] (Alexandria [Va.]) 1803-1808, 1804-11-15

limits are thus fixed, below which the property
cannot BE dpofed Of, tits not meant that it is to
be as fold fat as thief: rates can be obtained On
he contrary the Directors are at all times to ex
trcilc found dlicretion for the bcf interefts of
che company and to keep in view the certas,ty
OF rife in the value of the property, from the ln-
creating population of the city.
Art 6. All money arifing from the faes of lots iail
be inycaed the flock of the United States in the name
OF the company the intereh ariling from which, ss
well as all money arfng from ground rents, iha alto
be iayeed IN like ttock un the Taft day of December
IN til: year 1867, after which, all ntere arifiag from,
flock, fales of lots time and all monies airing
from sronud rents, and al Other profits iha be divided
semi annually the I5th dry of January, and the Isth
day Of July in each year among ali The farc owners,
proportion the nterea Of each, whole flares exifed
by the Continuance of the lives with which they were
made commemorate, or the fri day oftEat year
Art 7. The dividends ha be paid the office Of The
company III Warrington, TO the owners of the flares III
pcrlon, their power 81 attorney TO their written
order but before any dividend ha be PAID ftisaGtion
NUT he afforded the directors, for the time being that
the peron on nhoit lives the flares in queRion depends
was living on the fra day of January in thar year
Art g. In cafes the dividends claimed not for are
fix months after the fame iha become due and there IS
resfon doubt whether the perfon Whole lie the
flares depend which iuch dividends ariie continues 70
fnrvye the Directors III invc fuc dividends III tack
of the Uuited States if the fame belonged to the cap
tai OF the company but if the fame a thereafter be
riehtfuy claimed payment fall be made therefor out
of any funds of the company NOT nvefcd in Cock.
Art. Q. The flare ih4 be transferable and all trars-
fers ha be niade the books of the company by tic
owners p@ron, by power of attorney according 70
the fof ued for transferring ock OF the United tates.
But in Cafes where certificates have been fued BY the
directors the owner OF the tharc uch certificate mutt
be returned and cncelc, before transfer Of the arcs
expreAed therein il4i DC made.
Art. Every record of a transfer Of hares; and
every certificate ued FIR mares ihal delgnate The lives
on which luch ihares depend.
Asrt II No change he made of the perf;n per
fun ON Whole life lives the flares fali depend The
lie rt nominated mutt forever remain, the lie on which
the exlGenec e the laarc ihall depend.
Art II Ihe Directors fhsl caufe proper books to be
kept ct al their proceedings, acccibe at all times to the
HqcEhoiders; and III III particularly caufe be carefully
recorded the nomination OF the lives on which the flares
depend-snd alto the deaths OF iuch perons when the
fame aI be clearly atceytancd and may transfer from
time to time, the active duies of their tuf to one of
their own body any other agent aud may make
20 luch agent Reasonable compensation for his iervces
but the Directors themiclvcs fh2ll receive compena-
ton, uneis be N The cafe OF director Who Iaay be te
agent as aforeiaid,
Art. I3 On the Gra Monday in Jsauary ia the year
1895 the Warrington Iouae Company a all be didov,
cd and the whn'c Gnck Of he coupany il whatever
consfng laiI thcrcupon be divided alnongf all the
ers OF the th=n exiting ihare', and in proportion the
numher he'd by each.
We the subscribers approving Of tie plan
Of the Washington 7onine, and agreeing
to each and to the 7vhsle IF tile preceding
articles, do each q US agrees to became mem.
bers thereo6 for the number q shares an
,lexed to our respective names.
O>1ebcr Is, Iaw6t