Alexandria daily gazette, commercial & political. [volume] (Alexandria [Va.]) 1808-1812, 1809-11-17
John MACLEOD, sec'ry.
ARTICLES
OF AS.SO C. IATI 0 ~,

OF THE
Domestic Manufacture Company, OF
IS IS Alexandria.
" 1TERE13Saa ncly citizens ojrthe to5vn and
! ne;ghbarhood Of Alexandria, are zveH DIS
p7sedts aid and encourage the infant ma-
s a,afacturess Il our couutrg, Us zvelI. fran the
peril0us situation she is Placed IN as re-
sbects FOREIGN nasioas, as iroaa q desire to
s;s,sdsr her mare Independent cf their SIP.
plies, and especially Of those ar1c!es Of
eloasMag, (which habit has rendered, not
merely cor isrta5le, BIT q frst necessity.
Butto ia this, i,,.5l:piiatsa' s,o5a.zuig end 9E
fees fall fer short efhe desired otiect, end
recourse mast be had IN tbs, as hase0cral
great designs, to- form an e51sctiOe aggyre-
s gate of'talgats and becuaiary resources.--
Fer tI,s burpose--FVe, tse. Subscribers to
the toHozpins. articles Of Association, de-
clare our object to be--to RAISE a tina, to
make ad2aaces on deposits FAR sale, and far
the purchase and sale Of articles q do
mestic growth s manufacture, cid such
foreign materials as come 1r;thn the DIS
cribiion afDye StuHs exclusively --Aad
hereby farm ourselves intc q company Or
limited partnership, and d mutually agree
Nth each other, ondhereby bind oursslves
to conduct the business Of the COMPANY IN.
DER the name and style ofthe " Domestic
Manufacture Company Of A'exandria,
and cos,tarma5fy 10 the f!4!es ana fcsUta.
.:,,o boro:, n rte, e+ef;feH
.Artic!e 1. The capital stock Of The Com
raoy shall consist of Twenty thousand 6ol-
lars 10 be divided ia.o two !housand shares
If ten dollars each, aud 20 be paid 10 the
manner following, thasis TO say, TWO dol.
lars ou.caoh SHARE TO be paid as},he time OF
subser biug, and one dolla. ea the first
Tuesday OF every month .hsreat'e.,tor and
during the space of cigh. months from the
cpepirg of the subscription, aad fs''ure
TO make pnnc,ualy any paymeni af'er ,he
first. shall .ncur forfeiture OF all that shall
have been previously paid on zach share.
Blu, she capital stock Of The company may
be increased to any sum DO. exceeding
Forty Thousand dollars, it the ptoprie-
tors Of TWO thirds of the capital stock ct
the Company, by their eoacarEing votes at
any apnoal meeupg give :heir assent 'heie.
to.aud such iacreasr of stock shallb made
ND by add,sien nal shares of ten dollars each,
aud payable in such ins,sllmeu,s su5 stsueh
times AZ the Board of Directors shsll ap,
point.
.drt:cle 2. AS soon as the whole OF one
thousand shares Of the said capital stock
shall have been subscribed for, an! the
first payment made thereon, meeting OF
the Stockholders shall be called by public
notice 10 the Alexandra and Washington
newspapers, to meet 10 the courthouse OF
Alexaodria either 10 person or by proxy
duly authorised, at which meeting the
stockholders, either personally OF by proxy
shall eiectby ballot seveo of their owe bo-
DIV TO &C, a. directors Of the said Company
for one year. and at every succeeding cleo
ton two of the Directors who have served
che proceeding year shall be ineligible aud
should the whole seven hav nag served the
proceeding year have the greatest number
of votes, then the two lowest of the said
seven shall be declared as DOT elected, and
she Two next highest on the liss voted for,