Alexandria daily advertiser. [volume] (Alexandria [Va.]) 1803-1808, 1804-08-10

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good evidence Of the quantity OF itock 10 which
each fublcriber hall be entitled In tins com,
pany.
Art. {. Tbs sfaits of the company fall DC
conducted by Twelya D.r,dfo and a pfetldans
uhofe place If chofen from among their number
lllall be filpplied by thai BODY ana Tx OF me
Directors with the Pieiiaeny lhali form board
of ouorum for ranfatsing all she batlnfis O M
company ordinary diicapnts may be done by tue
Prefieat, and aay five of the Directors In cafe
Of his iickaeis CT neceiIasy abfence. Misplace may
be .fupplied by any Director, WHOM be- by VIII
ing under his lani nay nominate Tor that pofpois'
or n cafe Of his not making fuh non, the
majority Of the board may apPoia5 ffeiiiient TO
AZ, duf:ag his abience; and The Directors who
may be appointed at the firlt election, hslt iioo
their feats untiIthe lecood Monday 10 Move mo.t'
one ,hopfsnd eight hundred and i've, a''os see
Directors from aud after thar period ihai be eiset
ed for one year, by The Stockholders Ter tie tinie
being. ard each Director inaii be Stakeholder
at the tine of bis election. ahd 1all ceaic TO DC
Director, ii he ihould ceaf. to be Stnckhoioei,
and no Director OF any other Bank, indi' Al t''9
fame tinie be Director of this Bang Ana fne
humber Of votes 10 which each Stakeholder man
be entitled, llall be in proportion to the flock ts
may hold, as follows: For one mare ana noe.
exceeding two ihares one vote each, TOR every
tw lhares, above two and not exceeding ten. one
vote: for every four ihares above ten and NOT
exceeding thirty, one vote; for every fix tharcs
above thiHy ana not exceeding llxty, one vote !;
for every eight flares above Gxty and not. cx-
ccediug one hundred, one vote; ard for every
ten flares above thar pumber one vote: But.no
perion or peflons, bodies corporate or otherwae,
hall be entitled 20 more than fifty votes, andsno
Ssorkholder ha.l be permitted TO vote Except st
the hrit eIeaion), WHO has not held bis Stock Tor
thirty days prior to the e!ettion; and ali Stock
holders flall vote az elections by ballot in perfon
OF by proxy, which proxy, in all elections after
the hff, haIL ne made in luch form as the board
Of Directors ihall appoint.
Arr. s. a general meeting Of the Stockholders
Of the Company lhail be holden on the iccond
Monday in Novelnber in every year, Except the
pleient) at iuch place as the Board OF Directors
{hall appoint, by giviag fouf weeks notcein one
or more of The newspapers Of Alexandra, fo' the
putpofe of sleing Di.ettogs fos the enining year,
who ihssl take their lcats az tie board the fuc.
ceeding day, and Immediately proceed TO elect
me PRECEDENT: Butfo the preleni year, for the
more Immediate organization of the buGnefs Of
fAe company, the election ihail be holden on the
fecona Wednesday, in September next, under the
direction OF the Commlhcners appointed to re-
ceiye Interruptions.
Art. >. The beard of directors are hereby fully
empowered 10 make, repile, alter, or annul all luch
l{ies, orders, byelsws and regulations Tor the govern
gnens al the company, aud that of their olceIs. Ter
wants and affairs, as they, or majority OF them,
l,an, from time 20 times think expedient, not nccn
ten with law or hee ARTICLES OF afocia.ion, and TO
uie employs and diipoie OF the joint flock, funds OF
property OF The fad company {ubjett only TO The re.
itrietions herein after mentioned) to them, or
majority of them, may iesm expedlens.
Art. 8. All bills, bonds, notes aud every con-
tract and pgsgement on behalf of tine company FOR
the paymsnt CT money, lhall be hgned by the Frei-
dent and counterhgned attehed by the Caa.sr ct
the Company and the funds of the company ihail
in no cafe be held reiponhbie for any contract
gagesnene whatever uneiS the fame fail be 10 hgned
and countegli yned or at,elied as aforelaid.
Art.e. The books, papers, correspondence and
funds OF the company fall at all times be uhjett to
the INFECTION of the Directors.
Art. 10 The faid Board of Directors hall have
power to appoint Gather and ali other officers AID
sryants for executing the bu6nels of the company,
and 10 e&abIih the compsniatlon to be paid TO the
PleGdent and all other officers and iervants Of the
company respectively and which, together With all
other neceary expenses, ha be betrayed Out OF tie
funds of the company.
Art. TX. A alajority of the Directors hall hare
power 10 call general meeting Of the Stockholders
tor the purpoies relative to the concerns OF the
pany, giving at leaf weeks notice in one or more
Of the newspapers o: the town, lpecfyRg in luch
tee the objeGl or oheets Of lach meeting.
Art.tz. The flares of capital ttock az AIRY time
owned by any individual S;ockhoder Mal be trans,
erabse on th4 bocs OF the company according TO uch
rules as may contornlabiy to law, be eaablfed in
that behalf by the Board of Directors; but all debts
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