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

each iubicriber lnaii DC enttiea III tuio 1o'
pany.
Art. {. TIL. affairs of fhe company hall be
conducted by Twelve Dr-etors, aod PFeifienF'
" hcfe place il cholen from a,nnng taelr nanbei
fhail be iuoplied by that BODY and fix OF ttis
Directors with the Piefdent ihati iofn BOARD
or quorum, fer tranfattlng al me boiiaes OF 'i.s
company ordinary diicounts may be d me Ivy tlss
Preiiaenr and any FIVE of che Directors. Rocais
OF bis iickneis nec~9aty abtence, lis place 'nsy
De fappllcd by any Duettot, whon he, by @fH
ing under his i,ann may npminatc sor thai i.UrFa;s
or in cate OF his not n'aking fu h non"aai~o, ias
majority Of tne board uay appoint p'cbdc"t q
act dlrtrg his abience; ard fhs BpSct'fs ~fts
my oc appointed at The II i cett'ap, tha. =" q
thel, leats until Th- fecond Aiohday N NoVemo"f,
one thouiand eight hundred AID five, aatssft
Directors from ard after thar period lnali be els
ed for ore ycaf, by The Stockholders iuf t. ti'ns
bellg, AID each Dlrectcl lhal BE Slockhoh.er
al he time OIL his election, and lha'l crdie 10 be
Director, il he fhouid ceal- T. be otockholtcr,
anc no Director OF any other Bank, fhaii at the
are tine be Dsrc6tos Of this Bank. And che
number OF votes 10 which each Stockhoider hail
be enuded, ihaii be npfoporton 10 the tofk ne
may hold, as follows: For onc tharc and NOT
lxggeding two iharca enc vote each, tof every
~ ihares, aooye ywo and not exceeding ten, one
vote; Tor every four hares above ten and not
exceeding thirty, one vote; hos every fix flares
above shnty and not exceeding axty, one vote !;
for every cighs flares abovc hx,y anu not, ex
ceedi.,g one hundred, ore vose; AID for every
tet flares above that number one vote: But
peri n or perlons, bodies corporate or osherwiie,
ihan be enu,cd TO more than fifty votes, andgno
StoCkhoider [hall be permitted TO vote Except at
the fi6 eleetion) who has not held his Stock for
thirty days prior to the election; and ali Stock
holders hal vote at elections by ballot IN perfon
or by proxy, which proxy, In all elections after
tbs fra, lhall be mace IN iuch form as The board
OF Directors fhall appoint.
Art. 6. A geacrai meeting Of the Stockholders
of the Company lhall be holden on the fecond
Monday in November in every year, Except the
preient) at fuch place as the Board OF Directors
thall appoint, by giving four weeks notice in one
or more OF he newspapers of Alexandria, for the
purpole of ele6hng Directors tor the cniuipg year,
wha fhail take their ieats at the board the fuc
ceeding day, and Immediately proceed to elect
the Pfelident: But for the prefent year, for the
more immediate organizatlon OF the buiinefs of
the company, the election ihail be holden on the
fccond Wedneldsy in September next, under The
direction of the Commltiioners appointed TO re-
Ceiye Interruptions.
Art =. The beard Of directors are hereby fully
empowered TO make, repiic, alie, or anro ali luch
rules orders, bye laws and regulations for the govern
ment OF company, and thai OF their ofhcets, fer-.
wants and affairs, as hsy, majority OF hsm,
fhali, from time time, think exped,ent, incnn-
6ient with law heie ARTICLES alteration, ard
ule, employ, and pole OF the joos teek. funds
property OF the laid company (ubjeet only 10 he re-
ftic,ons herein alter n.eutionedl as u them, CT
majority # them, my fem expedient.
Art. g. All bills, boue,s, NOES and every
,rae4 and engagement on behalf CT the company FOR
the payment of money, ihaIl DC hgned By hs Pref
oent and counter6gned u atteNsd BY tie Gaauer =
the Company; ano the fuads % Inc compary hall
in no Gale BE- held relponfble tor any contract
eaaement whatever unels the fame hail be 10 iignsd
and counteriigned CT atte!ed as aforeiad.
Atty. Tie books, papers, correlpop3ence and
funds OF The company mail at all uoles be ius&e
she. inipeetion OF the DiesGsors.
Art. 10 Thc laid Boaro OF Directors ihaii have
power 10 appoint finer aud a! other ctice AID
Etvan.s for executing the bufoeis OF the ~cmpany,
and TO stabih the comprnla;lon 10 be paid TO the
Prehdent ard eli other etflcerS and irvants If the
company respectively, and which, ,og. thsr win al
o,her neesGary expenees lhail be betrayed OF the
funds Of the company.
Art. IL. "A majority of the Directors fall have
power 10 cali general meeting OF the Stockholders
tor the purpoies relative the concerns OF the
psny, giving at leaf weeks notice Ia ore more
OF tic new papers o: the town, iPteiiyng IN iuch no.
,ice the ob5cl Objects OF fi,eh meeting.
Ar.. II. The ihaies ct CAPITAL Aotk at any time
ewr cd by any individual S,ockholJer ihaa be trans
Ter able The books Of tie company secorng 70 fpch
rules as may contormabiY TO law, be ettaoithed IA
that behait by the Boaio OF Directors; but all debts
actually dee and payable 10 he ceinpany tdays OF
grace fos payment belog yar) BY asoeki'o!derre-
queitiog transfer, nvt be iatlSad before iuch
transfer laLl be :aaee. nnllts tic ooaLd Of DMee.