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

or future member of this company, " 'S r:i
per(ons, excepting the officers ana ielVah's -
company in regard 10 the taithfui ahei,ais ~ ~
u,,es in the conduct OF the affairs ana al
,,1t ra,;on of the funds of fad company; Dur al
asr(ons ACCEPTING any bond, bill or note, xor ohet
eon,ra9 of this company, hsned hy the freiosns anu
coan,er6gped by the Gather OF the company lo' als
line be;na.or dealing with it III any ether manner
nsoscr thsrsby repectiyely give creoit 10 INC 'alu
;o;nt fock or property of the laid company, aea
thereby relpea;veiy dlayow having feco'Tse on any
ence whatever 10 rhe peflon or ieparate property
81 any preient or future member OF runs SDihp"uy'
{exseping as before mentoaed And all iutss 20 os
brought againf this company CT any mall DC wan
he hrouqbt agan the Pref ent fOr the time 9eins'
and il, Aie OF MS Jsash removal from cil@e peha
Jug any coch fat aga,n him, neainres ihAi be takeh
?, the e,oence OF the colng4ny for doiitninS Ills
,ccelor in Off e as Defendant, 10 tiai eions nav
ing demands upon toe company may not Dc PIe>ul,s-
ed or DELAYED by that event; or Il the Pe'oh lulhs
hsll g. on aganit the per.cn kfit namsd as defsn-
daut (notwifhitaading his death % repoVai ioh o.
hce) this company h4ii take no advantage, ~ wft
Of error or etherve, of iuch proceeding on ttat &C
count; and all recovery had, IN manner afcfelaiu'
laai! de conciafve upon the COMPANY, !afaf as %
render The Company staid jont sfock of properly
liable thereby, aud no TURNER ana tae Go'nPahf
NH immediately pay the am1ant OF iCeh '.cose'@
out Of hsir joint Roek, hut NOT otIefwi'e fA"a !"
cafe of any iuit at law, the Pgetldtnt has' ign MS
aopsarsnce upou the writ, OF Ale bail there
il feing expressly under!ood and declared, thar
all peri,ns dealing with faid Company, agree 10
thele terms and are bouud thereby
Ar,.1e. Dividends OF ne pet hts OF the Company,
or 70 much OF fad profits flail &c de1inea eSPsti
ent and proper, :ha be declared haif yearly III uc
6rf weel, 10 Nav and November, ~ eachysar 'he
amount of laid dividend laIl, from tlme TO tue be
determined by the Board OF Dye&to:s, at meeting
held for that pupoie, and sha III no Gale exceed Ss
amount of the nett profits actually acqdifsa ~ sae
Company 70 that the capital itotk OF ths laia t0'1
pany hall never be cared 81 diVdenaS; cut tie
Directors la be liberty 70 retain al Lean one PSF
Cent upon the capital Is q iui'a 'o' 'N'uis
Ces.
Art rs. IF the said Directors fhall at any time
wifully aud knowingly, make declare any DIVIDEND
which mall impair the i.id capital tock, all inc bi-
refors prelent at the making, or declaring OF iala
dividend and combating thereto hal beIaoe In their
individual capacities to the Company, Tor ths amount
or PROPORTION of (ad capital oek, 10 divided by the
laid Directors; and sach Director who fhs!l De pre-
lent at the making or declaring luch DIVIDEND, mai
be deemed TO have eonented thereto, untes DC ihai
Immediately enter in writing his dlent Oh iNe M"
nutes OF the proceedings OF the board, ane give Puo
lie notice to the Stockholders, that iuch aVaehe mas
been declared.
Art.17. Thefe articles OF agreement fhali DC pub.
.;hed in two newfpaper. in the Town OF Alexandria
for one month and tor the further intoImaaen o. all
perlons who NAV transact bufneis with, or IN any
manner give credit to isid Company, every ooHo'
bill, note or other iurument or contfact, oy Inc
Feee or terms Of which the Company may Dc chaf
ed, or held liable for the payment OF money, man
peciay declare in fuch form the Board OF Direc-
tors fh9 .refcribe, that payment ihill be mace OUT
Of the Joint funds Of the Bank Of Potomac according
to the preent articles OF saocistlon, ana nor other
wife: 4 copy Of the I4th article OF .his an0CiasoN
tkaIl be inierted in the Bank Book Ok every Peiioh
depofi,irg money, or other valuable property wan
the Company for fate keeping, or Printed copy
hali be delivered 20 every luch pefion, oesoFe any
iuch dapoGte GlaA be received from hun. ana IL Is
hereby expressly declared, that 10 engagement can
eray be ,pede in the name OF fad COMPANY, uhie's
il contain limitation or reltretion 10 the eEsc ABOVE
recited and the Coinpany hereby expressly aisaVo"
ali reluonfaiy for any deot or eng cement "'eh
NAV be made In their name, not containing hihita-
lion OF reRriGi4n 20 the effect atoreiaia.
Art. 10. The Company lhtil IN no Gale be own
rrs of any ibips or vtiies, directly or indirectly,
be concerned in trade e mp9fi or sff2fta-
tion, purchaie ale OF any goodst wares OF ner-
chandiie whatever, (bit!s OF exchange ano pn'Aon
only cxcepedi and except !Gth ia'qo, vshsS 31oas'
wares, or msrChandliEs IS man Dc nay P'S56El !"
them By way Of ecufty for debts dae, owing or
growing doe 10 toe faid CoapsnY, Of patchaied oy
them to lecure fich debts 20 due t> iad CunpsDy.
Art 10. If any vacancy lha!i at cry ;iae happen
among The DIRECTORS by dss,5, rasnaiiohs OF other
wife, hs reRdue Of the Dirs&o FOR tie Line hsing,
fall elect a,eueGsor 10 FIJI lie vacancy.
Art. 20. The Company Gla NOT pufchaic~or hold
any lands, tenenlens, OF oher reai estates, 0;her
than what may DC neceasry Ser the convelisnt raH-
action o. its buifeis, unles fach LANDS, e1emeots,
a1d real eaaes, fhs have been Bona hde, ,ioetg g..
tothe COMPANY, by way of iccnrity, CT conveyed
rto it in Gtfateiioo OF debts previously coEwscct III
the coute of de&lihgs, purehaied &c ieeaFe debts
contracted with OF dee the fad Company, ami in
IL =. .L-.- Z. 49, q $500 AnrL,