Alexandria daily advertiser. [volume] (Alexandria [Va.]) 1803-1808, 1804-11-22

l;n,its are thus fixed, below which the property
cannot be dapofed Of, it is NOT meant tfatlusto
be as fold fat as the(c rates be obtained On
he contrary the Directors are at,all times to cx-
frci(c a found dlicretion for the bef intefeas of
che company ana to keep in view the certainty
OF rife 10 the value Of the property, from the in-
creating population OF the city.
Art e. All money ariGng from the faes Of lots, fhall
be iaveRed in the foek of heUnited States in the
of The company; the intereR ariing from which, as
well as all money arifng from ground rents, ihal aiio
be Unveiled in like Reck until the lah day OF December,
III the year 1907 after which, all ntcret ariflug from
xfock, or faes OF lots time and all monies ariig
from gronud rents, and all other profits fhabe dlvded
semi annually Oh the s5h dry OF January and the I5th
sy Of July in each year among All the Mare owners 10
proportion 20 the inerc each, whole ares exiited
-by he continuance of The lives with which they wcrc
made cealmenfurate, on the firit day OF that year
Art. The Dividends fna be paid at the Office OF the
company in Wahington to the owners OF the ihares IN
pefon, their power Of attorney, or 20 mgr written
order but before any dividend fall be paid atisaction
a be afforded to the directors for the time being that
the perfon on hoe lives the flares III qneion deped,
was sizing on the FRIDAY Of January in thar year
Ants In cafes were the dividends claimed nor for are
Fix months after the fame ial become due and there Is
resfcn TO doubt whether the perion Whole HE the
,ares depend OH which uc dividends arile continues 10
fnrvive the Directors h il invefach vdcnds IN 3ek
Of the Uuited States the4amc belonged to tne cap
tai ef the company bat if the fame ha thereafter be
rightully claimed paymcntall be made therefor, GU
of any funds OF The company, not inveted Iii foek
Art. The flare. fhall be transferable and all trans
crs al be made on the books of the company bysshe
owners in peon by power Of attorney according 70
thu form uie fer transferring flock OF the United states
Bat in cafes where certificates have been hued by the
directors the Of theharcs, uch certificate mutt
be returned end eancelc, before transfer Of
expreied therein fhail be made.
Art. 10. Ev-ry record ct transfer OF mares; and
every certificate iaed for ares hal dcgnate the lives
on which lucb fares depend
Asrt. No change be made OF the perion orper
fn on Whole life lives the flares mall depend he
lie r nominated mutt forever remain, the life which
the exiltence Of the fhare ihail depend
A1tIz. he Directors iaii caufe proper books to be
kept all their proceedings acceib!e all times the
Aoekhoders and fha particularly cauie he carefully
recorded the nomination Of the lives which the flares
depend-and afo the deaths oil iuch pertons when the
fame a be clearly alcertaned and may transfer from
cine time, the active duties OF their Tu e oie OF
their body, any other agent and may make
TO uch agent reafonabit Compensation for his frvces
bur the Directors themfevc mall receive no compena-
on anef it BE- in the cafe OF director who ay be the
agent aforefaid.
Art.Is. On the frh Monday in January in r. year
1876, the Wilmington Fouiue Company ihah be GiH v-
cd and the whole flock of he company in whatever
consisting, fall hereupon be divided amongfal the own
ers of the then exiting ihares. and in proportion the
nualher he'd by each.
We the subscribers abprooing of tie plan
Of the Washington I0ntne, and agreeing
to each and to the 1vhole of The preceding
articles, do each Q us agrees to became mem.
hers thereof for the number Of shares an
,a7eaeed to oarrespective names.
O teber Is Iw6t