Alexandria daily advertiser. [volume] (Alexandria [Va.]) 1803-1808, 1804-08-03

parry.
Arr. E. The affairs Of the oorpany flall be
condu aea by Twelve Dreaors, aad a preidcnt,
Y alfe place if chogtn from among their number,
aa.l be ~fupplled by that body and tx of the
Dste6iofs with the P,eii3ent fla'l form a boa'd
CT qnolua,, for ifanl4t'ing ali the bufiacfs OF TIC
company ordinary ~eiicounts may DC d}nc by The
PRECEDENT, ADD any FIVE of shc DlrsStots. j csT.@
of h,sadcknol o. necsGajy abtncc, his place may
b. ,sepiied By any Difettor, whom he, by VIZ.
ny pnae has hand n,y DONNA &c ior that pafPoir,
or il. cafe Of his MOI mekics Ia b non ipt,oa, f5e
majority of tfe p1ard may sppa,pt ? 'eide"t 70
att d1rtg bis aaiaece; ssd he y e>t>ss who
may hc a peinfrd 1t ttc Rtit %siettian, ihsli nod
their fea,s udt5ti h- tea3ud yI1n1ay in ..4ovxm ~,
ore ,hoafand eeht hundrcd aid I've, ad5 the
piree.oss fiorn aud a!ser that period thail be eject
ed for ore yeas, ~ tie Stockhoilc.s Ter tae tme
being, ard each D;geaut ihali be a S,ockho)!cr
at the tine ot his election, and laali cc.ie to be a
Director, ii he ikouid ceaic TO be a S'uckl,0ttet.
ana 10 Bi,etaor ot any oshsr Bank, l.4!t at the
fame tire bsa DreGtor Of This Bank. Aal he
nusnbsr OF votes 10 which each snlkbos3er lilail
mas hold, as follows. For one ihsre and not
exceeding two flares one vote each, fW cve.y
tw o naieS, above two and not excced,ng tsr, ono
yose; tog every four lhars6 abJve tea ard NOT
exceeding thirty, one vote; Tor every fix marcs
ABOVE thIgty and not exceeding fixty, one yoge
for every e;ght thayes ABOVE iix5y ara not OK
eeediHg one hundred, one VOC and "a! every
fer (s,aIss above ina, nuabsr ore we've Bar no
perton on restens, boxes cofpc'aie OF ot7efwilc,
Ggsii be emitted 70 more than at;y votes, and n
Srotkhcldcg iAali be permitted T. vote ieXcept IL
The tni eiettionl, WbohAs nol hejd his Stock tor
ihirty days prior 10 tNc SECTION; and ali Stock
holders ihsli So,e at elections by ballot, in perfan
or By proxy, which proxy, IN all elections alter
the hrit, lh4ll te made in luca form as the board
o. Directors ha!l appoint.
AT. 6. A geRcral meeting Of the Stockholders
of the Company lhall be holden on the lccond
Monday in November in every gear, Except the
p~reentl at tuch place as the Board o. D!le6ors
ihall appoint, by giving four weeks notice in one
Or mcIc OF he newspapers Ct AicyaLdria, for the
purpoie OF elett,ng Di'ettors for the cnfuiihg scar,
who ihall take their ieatS at the board the iuc.
ceeding day, and Immediately proceed TO eleot
the I, ctldent: Buttor the pJefcnt year, for the
mote Immediate organization of the ouGneis of
the ccmpaaJ., the election hall be holden On the
tecoDd WeGnelday IN September next, under The
d~tettion OF the Commiiioners aPlo,rted to re-
ceive lubfcriptions.
Art. :. The b2ard Of direacrs are hereby fully
empowered to make, ~reyils, sitei, or annui al luch
snies, orders, bye laws a3d regulations tor Tx ,goverl-
inert Of tue company, and that of their ofi,css, fct-
wants ana affairs, as tney, or a majority OF theHa,
ihal!, from time 10 time, think e~xpedient, NOT neon
e ja,, usL I,c 49, hat ,..;.i.- - . II -. - -
nle, I'll eioy. aud difpoIs OF the joiu,!tock, fpaas or
property OF Inc taid company (i,bject oniy 10 she re-
arictions herein after mentioEed) as 10 thea, or a
majority Of them, may ieem e~xpeient.
Arts. All bi,is, hoads, noIes and every coA-
tract aad engagement 1n behalf Of tas company for
he payment OF money. hsi! be fgned by The Pref
deaf and eountealgned o. at;eied 81 fhe Gather lf
tie Company and the funds Is toe .onpaay ihsli
IN 10 cafe b held retp5nh6is IN any contract OF e..
gagepent whatever uuleis the fame !hajl be 10 tigncd
and counteriigned or atisted IS a~Eorelaid.
Act. 8. The BOOKS, paqers, oofreGpondencs sd
funds OF the COMPANY ihaIl At ali f!!les De iabea 10
the i~nipeetion Of the Directors.
Art. 10. The fajd Board OF Eire9ors hall have
power to appoint a-Cahier and II Other Office and
iarvsnts for executing the baGoets Of he company,
and to etiabii&l the compeniatton to be paid 10 the
Ssetideat and al other officers and ielgants OF the
company respectively, and which, togzther WITH ak
ether neeeEsty e~xpenles, ihall be d~eirayea our of the
funds OF she company4
Art. n. A majority Of The Direa ore Gnall have
power 10 cal! q general meeting o. the Stockholders
ter 'he P~urpofes reletise 10 the concerns OF tbs com
pany, giving at leaf s weeks notice in ore cr moe
che nt% ~ipaPers Q! the tessn. f~pacify'ng in fueh no
sice the ocj-ce or ohjsas OF luch meeting.
Aft.iz. The ihares OF csPitaj toek az zny time
o~nec by any individual stockhoid6F ihall be t7zns-
Il: abe on tte,books OF The eompaay according 10 iuch
rules IS G,ay eontcrnabiy 70 Iaw, be cfabilhsa4 "a
that behaii ty tie Board Of Directors; bu; all doors
actually due and payable TO the company (days of
grace fer payment beirg paf) by a S,ocAhoites re-
quoting q teanster. matt be iatis65d before iuch
a transfer ti@tf be ,nate, pniris he beard OF Duec.-