Berkeley and Jefferson intelligencer. [volume] (Martinsburg, Va.) 1802-1810, 1807-02-13
FRIDA1 7, Fs1,aary i, 1907.


The board Of directota shall also have
power 10 purchase, lease Or rent q proper
building, il Hagefs- Town, for the haDk,
at the sxpenceof the company !; they si,all
likewise have power TO make, revise al
ter odannnl rules, orders, bylaws and
regulations for the government. of the
company, and thar Of their officers, scr
wants. and affairs, a. a majority Of them
shall dee IN expedient, provided they are
not contrary 70 law, OF. the constitutions.
Article ~. The company shall IN no
case Be concerned many article bur notes,
bills If exchange, mortgages, stock 4of
ths UAised States, or bullion, andinsur.
ing against losses BY hre, except ina the
case ofdebts dueto the bank, themthey
shall be fully justifable ID taking any kind
Of secuiity they can obtain. ~ - = /,
ArtickI IL. Ordinary discounts may
be rnadeby the president and any three
direetorsN but the president and Ave di.
rectors shsli Be nseessaryfor the parpose
Of sransaetns ,he-general business efthe
!. A1ticie !. Stock in the Hasers-Tovn
bank may b4 transferred BY the holder.
in person, Srby power Of attorney, 1t
the said bank, but all debts actually over
due to. the company by. , stakeholder
offering 10 tansier, must be discharged
before suchtransfer shall be made. II
I article Il. Dividends ofthe profits of
the, company shall be made At the end of
the rstyear, and half yearly thereafter,,
and at the ndofevery fhreeyears divi-s
dend of surplus profit shall be made.ts nj
f. ArficLs is>irhe books. papers, cor
respondsncs funds and every transac-
ton Of the pmpany, shallat an times be
freel,. opent 10 the insPeetioE ofthe direc.
tots. g p $.t.rss.stSs f&x7 :.
Artici. h. AHmajorityofthe directors
may, at any tine, cali q general meeting
Of the stockholders for OBJ ects.rslative 70
the interests ofthe company, they giving
six weeks notice in the public prints, md
expressing in such notice, the points OF
suhieessIo:be dsiibsrated upon q shsh
meeting. - ! e r>s rs ~ ~
'% AracLs Is. In case the whole Of the
! shares (exeept those reserved for the
state shall not be subscribed, on the
da, IS Tor liking subscriptions a. aforesaid,
the board Of directors may open the sub.
scriptions again, at such time and place,
or places as they or q majority Of them
may think proper, 6rs.giving sin weeks
notice Of the came tin the public prints. I
i. AyncLe 10. Whenever the state shall
BECOME stockholder, 10 the amount of
tweuty thousand dollars, of The shares
reserved, and shall have paid up that sum
to the bank, she shall be entitled TO ap-
point one director. i! "A
,Articis 20, Reioss the president and
directors shah act as such. they shall take
an oath, or aiRrnation, tllas they will
faithfully. diligently md honsstly per-
form the duties of their station G AID he
other officers Of The bank, shall take 4
similar oath or frhasion, and shallgise
bond with security, 70 the satisfaction Of
the board Of directors, for the, faithful
discharge oftheir duties in their several.
station4. 49, : -. : t;s q ii 1.
article 81. All notes offered, for dis
count in the aid bank, BY any person or
persops, shall, on the face thefeof, be
made negotiable IL the Hsgsrs-town
Bank, and when the drawer shall NOT
reside in dager-town, such note shah be-
made payable At the house Of some PERI
SON ID Hagets9own, and nptiee given BY
the proper servans Of ,thes bank II such
house, that such note hath bsccms due,
shall be, toiall intents md. purposes, held
and considered 70 be az completely bin
ding on the dsawer and endorsers, IS If
notice had been personally served on.
each Of them. - - ~ -
Artick -. And IS the agricultural,
manufacturing and commercial interests
of Washington and the adjoining eoun-
lies, win DC greatly bene6ied BY this IN
.titution, il l. believed and expected,
that ths iegislaturs win Gas they have
heretnfore done in similar cases. grant
u - :.