Alexandria daily advertiser. [volume] (Alexandria [Va.]) 1803-1808, 1804-02-10

sSerlDef aHd SuD5StiOSio -. . r ~ :,
shares respectively; and the amount O 'iie
sbare.or shares subscribed tor, exceP. ~
the case of the commonwealth snaii pe s
Maid by the several and respective subsefi-
bers ii gold-or silver~-one fonrth ,aeiso4
A. the time of subscribing; one fourth with
in sixty days afterthe bank shall 50 into o.
,,erat;on one fourth within one hundred
and twenty days and lone fourth IN SIX
months. to the bank directors tor the time
being: Provided alzoays, That it SHAH be
lawful Tor any subscriber to pay the whole
Of his subscription money, or any greater
part than is hereby required, before the
lime above limited for the payment OF the
same and each and every subscriber so
paving in.advanee, shall have discount at
therate of six per centum per anuum, on
such advance.
Sect. S. Ind be IT further enacted, That
for the well orderingrof the affairs OF the
said corporation, there shall be fourteen
Directors, being citizens of this state, G.
lected yearly bv the stockholders, at &C.
neral meeting to be held annually at Rich
mond, on the FIRST Monday in January, tor
that purpose; in which election the Irea-
surer on behalf of the state shall have vote
or votes equal to the greatest number OF
votes which shall be given at the said cleo
ton on any three thousand shares held ey
the greatest number OF stockholders; ana
moreover, the treasurer fthe state tor the
time being, shall be one ea obfci0. At the
same time and place there shall be chosen,
/ under the same rules and regulations, thlr-
! teen Directors for Norfolk; and the like
: number, in like manner shall be chosen tor
4 Petersburg; and also the like number, in
/ like manner for Fredericksburg. And the
directors at the several places aforesaid, at
their first meeting alter each election, shall
choose one Of their number as a President:
s Presided, That the first election of Dlrec-
tors shall not be included in the before
mentioned general regulation; but shall be
held at the time and in the manner herein
terdirected; And Provided, That in case
it should at any time happen that an cleo
ton Of Directors should not be made upon
any day, when pursuant to this act it ought
to have been made, the said corporation
shah not for that cause be deemed to be
dissolved. but it shall be lawful on any
other day, within ten days thereafter, to
hold and make an election of Directors, IN
such manner as shall have been regulated
bv the laws and ordinances Of the said COR
poration; and that in case ofthe death, re-
& sgnation or absence FROM the state of a
new choice for the remainder of the wear,
by a majority Of Directors at the place
where such vacancy shall happen -Pr0vid-
/ cd, That every person voting for Directors
/ at any election, shall previous to giving his
vote make oath or solemnly affirm, that the
share or shares in right whereof he offers
TO vote, is or are, really and 6ona 5fde his
own property, and not held in trust or for
| the use, benefit, or emolument of any other
| person or persons, nor In pursuance of any
contrlvance or design to obtain for him.
self, or any other person or persons, "a
/ greater number of votes than he or they
are fairly entitled to, according to his or
! their true interest in the bank, in con-
| formity with the proportions of voting on
shares as established by this act. And
where any person offers,to vote as a proxy,
an affidavit to the same effect, ofthe per-
son whom he represents, shall be sufici-
ent:-iotake any such oath or affirmation
falsely shall be perjury.
Sect. s. Aad6eH further enacted, That
on the first day of June next, and every
thirty days thereafter, if the subscription
shall not be sooner closed, the Comn1issi-
oners appointed at Norfolk, Petersburg,
Fredericksburg, Winchester, Staunton and
Lynchburgh, shall respectively transmit
and deliver to the Commissioners appoint
ed in and for the City of Rio. nond, a list
of the several subscribers, at such places
respectively, ard of the share or shares to