Alexandria daily gazette, commercial & political. [volume] (Alexandria [Va.]) 1808-1812, 1809-03-27

dollars he first paid intothe hands o. suoii
a 800. = other person, as said COMMISSION
ers NAV authorise to receive It.
Sec >. And be it further enacted, nat
when any number OF persons shall have SUI
ser;bed one hundred and fifty shares oFmofe
Of said stock, the said commissioners, Or :, q
,na;or;tv Of them may, and when the whole
nng,9,e, Of shares aforesaid shal be sub
scr;bed shall give notice in some neWsPa- ),
per, printed in the district OF Columbia 9,
time and place to be by them apPoln.eo
eor the subscribers to proceed to organize
the said corporation, at which time 9 place
the said subscribers, bya majority otvotes
10 5e delivered by ballots IN person, or ny
proxy duly authorised, shall eject one pre-
s;dent and four directors TO conduct the Oh,
.siness Of said company TOR one year and
INIT, such other officers shall be chosen IN
their place, and shall make such rules, or
ders, and regulations, net inconsistent win
the constitution and laws of the y. States,
as shall be necessary for the well belnS Of
the affairs of said company; P'o9'ded al
zm9s. That no stockholder shall, IN person
or by proxy have more than ten votes at a
ny election, or in determining any question
arising al such meeting, whatever number
Of shares he or she may hold and eaeh
stockholder in person or By proxy, shaii be
entitled to one vote for every share by nm
or her held under said number and all per
sons who may then be, or who thereafter
NAV become, the actual holders or ProPrie:-
tors Of shares in the said capital stock, Ell
Their as subscribers for the same, or rs the
legal representatives, successors, or assign
ees Of such subscribers, shall become one
BODY polite and corporate, in deed and IN
law. by the name and style OF the. Presl-
dent, Directors and Company or the Oeo.
Town and Alexandria turnpike road, and
bv the said name shall have perpetual sue
cession, and all the privileges incident to a
corporation, and shall be capable OF taking
and holding, their said capital stock, and the
increase and profits thereof and OF eniarg-
inc the same By new subscriptions, ii such
enforcement shall be found necessary to tut
fl the intent OF this act, and Of purchasing,
taking, and holding to them and their sue
cessoTs and assigns in fee simple, or Tor any
lesser estate, all spch lands, tenements, he
reditaments. and estate, real and personal,
| as shall be necessary or useful 10 them in
the prosecution of their works, and OF SUI
ing and being sued, OF having common
seal, the same breaking and altering at
| pleasure, and Oh doing all and every other
matter and ding concerning the subject a.
foresaid which corporation or body polite
| may lawfully do.
Sec. 8. ind be it further enacted, That
the said company shall meet On thelst Mon
day in Feb. in every year, at such place as
shall be fixed by their bye laws, for the pur.
pose of choosing such officers as aforesaid
for the ensuing year, in manner aforesaid,
and at such other times as they shall be
summoned by the president and directors
aforesaid, at which annual or special meet
ing they shall have full power and authority
to do and perform any act by law allowed,
and pertaining to the affairs Of said compa-
ny,
Sec. a. Ind be it further enacted, That
the president and directors shall procure
printed certIhcates for I'll the shares OF said
stock, and shall. deliver one such cert;f-
cate, signed by the presidents to each per-
son for every share BY him or her subscrib-
ed and held, which certificate shall be
transferable, at his or her pleasure in per-
son, or by attorney, in the presence of the
presidens or treasurer, subject however to
all payments due or to grow due thereupon ;
and the assignee holding any such certih-
cate, having caused the assignment to be en-
tered in book OF the company to be kept
for that purpose, shall be member Of said
company, and for every certificate by him
held, shall be entitled 20 one share in the
capital stock and estate of said company !;
and if any stockholder, after thirty days no
tice ina public paper printed in each of the