Alexandria daily gazette, commercial & political. [volume] (Alexandria [Va.]) 1808-1812, 1809-11-29

which each ssossekholder shan bsseniitied,
shall be in proportion TO The ssget be may
hold as follows: For one share and no iex-I
ceediug sin shares, one vote e3ch eve-''
~ two shares over six and not exceading
teen ore vote each; forevery three shares
over ten add not exceeding sixtseS lone
vote each; for every four shares oyss. SIX n !.
teen and not exceeding forty, one vote
each aud for every ten shares over forty,
one vote each aud no ssockholder shall
be permitted 10 vote (except at the first e.
lection who hasno dhis stock for twenty
days prior to the election, and 10 all cleo.
tions after the first, the proxy shall be made
10 such form as the Board Of Directors
shall appoint.
article 8. The affairs of the said com.
pany shall be carried on in the town OF a
iexandria. under the superin.endance and
control Of the said Directors, OF whom any
four shall form board or quorum, they
shall choose chairman froH among them
selves, aud ia case of vacancy BY death, re.
sgnasioa or otherwise, such vacancy shall
be i'm mediately filed by themselves from
amoog the stockholders. And shs said
Directors shall 10 no case whatever. contract
debts or engagements, by bill, boud or o..
therwise, for, or on account OF the Compa'
ny, bun that all dealings under their super
attendance aud control aforesaid, shaii be
Br cash or barter, except goods on depo-
Sit, which may be sold by the direction OF
the cousignor. The said Directors shall
slso exhibi. at the annual meeting OF stock
holders, for their inspection, s,a.cEeus
Of the affairs of the Company for the year
prerseding.
article 4th. The Directors when elected
shall proceed without delay to appoint an
Agent and such other officers as may be re-
quisite, all Of whom shall hold their ofilces
during the pleasure of the Board, and who
shall, before they enter upon their functions,
give bond with sufficient security to the said
Directors and their successors in office for the
faithful discharge of their duties, as prescrlb-
ed by the Boald of Directors.
Arncle 5tA. II shall be the duty of the
Agent, when SO appointed, to have the charge
of 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 eject insurance on goods transported
BY sea, where the Company have all interest
in the property under the rules prescribed
by the Board OF Directors. He shall be allow
ed yearly salary, and certain rate per cen.
tun, in addition thereto, Of the nett profits
accruiag to the said Company, before the d.
vidcnds are declared, the amount of both OF
which to be fixed from time to time by the
Board of Directors.
Article 6th All receipts for goods depo-
sited for sale shall BIC signed by the Agent,
and the funds Of the Company shall in no
case be held responsible for any deposits CT
goods whatever unless so signed.
article 7th. The shares of capital stock
at any time owned by any individual stock
holder shall be transferable on the books ct
the Company, according to such rules as may
agreeably to law be established In that behalf
by the Board of Directors and it is further
expressly agreed * declared, that any stock
holder who shall transfer in manner aforesaid
all his stock or shares to any other person Or
persons whatever, shall thereupon cease TO be
a member of this Company, and that any
person or persons whatever who shall accept
a transfer of any stock or share in this Com
pany shall thereupon become and be mem
Der of this Company, according to these ar
ticles OF association.
A,ticle sth. 1t is hereby expressly and ex-
plicltly declared by the persons who associate
under the name or firm of the 6 Domestic
Manufacture Company of Alexandria" that
the joint stock or property of the said Com
pany Exclusive of dividends to be made in
the manner hereinafter mentienedj shall alone (
be responsible for the debts and engagements
of the said Company, and that no person who
shall or may deal with this Company, or to
whom they shall or may become In any wise
indahtad Cba,J on anv Dretence whatever