Alexandria daily gazette, commercial & political. [volume] (Alexandria [Va.]) 1808-1812, 1809-11-24

which each s,ockholder shaH be tnsisled,
shall be ia proportien to the stock DC may
hold as follows For onassharc aHd not ex-
ceeding six shares, one vote each Tor eve
~ TWO shares over six aud not exceeding
ten. one vote cath j. for every .,hree shares
over ten aud no, exceeding six.een, one
vote each for every four-shsTes over 'fx'
teen aud not exceeding forty, one vote
each !; and for every ten shares over forty,
one vote each ard no s.cckhclder shall
be per :niuedto vote (except atthe trst e
lection )who has noi held his stock for twenty
DAYS prior 70 the election, and 10 all cleo.
tions after the 6rst, the proxy shall be made
IN soch form sc the Board Of Directors
shall appoint.
Article S. The affairs Of the said com
pary shall be carried on in the tovu OF a :.
lexandris, under the supefinsendsnce aud
control Of the said Directors, OF whom any
four shall form board or quorum, they
shall choose a chairman from among them
selves, aud 10 case of vacancy by death, re-.
signation or otherwise, such vacancy shall
be Immediately filed by themselves from
among the stockholders. And tbs sa'd
Directors shall il no case whatever contract
debts or engagements, by bill, bond or o.
thcru;se, for, or on account Q! the Compa'
by, bu, that all dealing under their supe'-
attendance and coatroi aforesaid, shall be
FOR cash or barter, except goods on dePo-
si,, which may be sold by the direction OF
the copsiguor. The SAID Directors sns',
also exhibi, q. the annual meeting of atook-
holders, for their inspection, a statement
OF the stfsirs of the Company for The year
proceeding.
I. article Att. The Directors when elected
shall proceed without delay to appoint an
Agent ana such othsr officers as may DC re-
nuisite, al, of WHOM shall hold their Offices
during the pleasure of the Beard, and VINO
shall, before they enter upon their functions,
give bond with sufficient security % the saic
Directors and their successors iR Office tcr the
faithful discharge OF their duties, as prescrib--
ed by the Bomd Of Dire tors.
Article 5th. It shall be the duty OF the
Agent, when SO appointed, to have the charge
|Aef The cash, goods, deposits, books and papers
of the Company, to make purchases, receive
deposits, make advances of money, or ex-
change goods FOR deposits, make sales thereof,
and to effect insurance on goods transported
Fly sea, where the Company have an interest
in. the property under the rules prescribed
By the Board Of Directors. He shall he,allow'
cd yearly salary, and certain rate per cen
jum, in addition thereto, OF the nett profits
accrling to the said Company, before tie dl-
yidends arc declared, the amount OF both OF
which TO he fixed from time to time ,by the
Boara of Directors.
.4rt:ele 6!h. All receipts for goods depo
site.Iefor sale shall be signed by the Agent,
and the funds OF the Company shall in no
case be held responsible for any deposits oi
goods whatever unless SO signed.
| IL 1rtic!e 7th. The shares -of capital stock
at<any time owned by any individual stock
holder shall be transferable en- the books OF
the Company, according to such rules as may
agreeably tolaw be established in that behalf
| by the Board Of Directors; and 1t IS further
expressly agreed &sdeelared, that any STOCK
holder who h@lltraasfer in manner aforesaid
all his stock or shares to any other person Or
! persons whatever, shall theseupon cease tobe
! . menber of this Company, and that any
persen or persons whatever who shall accept
a transfer of any stock or share in this Com
pany shall thereupon become and be mem
Der os this Company, according to these ar
ticles oft.assoclatlon.
lyticlr StA. 1t is hereby expressly and ex-
plicltly declared by the persons who associate
under the name or firm of the I" Domestic
Manufacture Company of Alexandria" that
the Joint stock or property OF the said Com
pany texelusiye of dividends to be made iii
the acknowledgements mentioned shall alone
be responsible for:the debts and engagements
of the said Company, and that no person who
I, sha! or may deal with this Company, or to