Alexandria daily gazette, commercial & political. [volume] (Alexandria [Va.]) 1808-1812, 1809-11-24
ARTICLES
OF 1850 G. Id + I O N,

" X n - ~ " y La ~ N3
: OF TIE
Domestic Manufacture Company. OF.
Alexandria.
VVHEREdS alany citizens Of the torvn and
ne;gh5orho0d Of alexandria, are well dis
posed 10. aid and encourage the iqtast ma
nufactgres ofour c0antry,as 7celf. from the
eeriloas situation she is placed in as re-
spects Foreign nations, as from desire to-
render her more independent q their sup.
Plies, and especially Of tics: articles Of
= cloathiag, which ia6is has rendered, not
mersly comfortable, bit Of first necessity.
Butte do.this, individual good zUiN andef-
fees fall far short ftae desired Object, and
recourse must be had IN 1htssGs IA several
great designs, to tosm an effective aggre-
gate oftalents and fccsaiary resou5ces.---
Far this pssrpose--lVe, tie subscribers to
The follozving.Arscles Of dissertation, de-
.clare oarobiectto be--!0 RAISE find, 70
make advances on DEPOSITS far SALE, and tor
the purchase aadssale at articles q do
mestic growth s. manufacture, and sueh
! toreis,n mater.:.!s as cone 7Oith'a tie des-
cription ofDye Ssuffs e.cl1siUely.--And
hereby farm ourselves i,lss q. company or
!. limited partnership, and do mutually agree
! zpith each other, and hereby bind ourselves
TO conduct tae business q the Company ss's.
DER tie name and style Jthe Domes1lc
Manufacture Company OF Alexandria,
and eonfarma6lu to Tie 'ru!es and rcygs'c.
t;oasherein after specified.
Articls 1. The capital stock OF The Com.
paDy shall consist of ISventy thousand asf-
icrs, to be divided into two .housand shares
Of ten dollars each, and to be paid in the
manner following, that 10 20 say, two dol.
lars on each share 10 be paid al the !ime OF
subscribing, and ooe dollar onHthe FRS.
Tuesday Of every month ihsreatter,tor and
during The space of eight months from Inc
opeaing of the subscription aud iai'uTs
20 make puocsualsy asy payment afscf the
fYs,, shall incur . forfeiture OF all ,ha'shsll
have bssu previously paid ca such share.
But che capital stock OF the eompaoy may
be incr-ased 20 auy suG not exceeding
Forty Thoussud dollars. 1t the proprie
tors of two thirds of sbe capital stock OF
the C ompacy, by their coaeurring vases a,
any aunual mse,ing,gise their assen. there
q, and such increase of s,oek shall be made
NO BY add,sie nal shares Of ten dollars each,
add paysble 10 such ius,allments and az such
times as ahe~Boasd Of Directors shall APP
point,
Art:cLs 2. As soon as the whole sor one
thousand shares Of the said caPi.~ stock
.hau have beea subscribed for. and the
hrs, psymeu. made thereon, meeting OF
the Stockholders shall be called by public
notice IN the Alexandra and Washington
newspapers, 10 mses-ia the cour,.hosse OF
Alexandria either 10 person OF by proxy
duly authorised, at which meeting the
stockholders, either personally or by proxy
shall elect by ballet seven Of their Own boz
DIV 10 acs az directors of the said Company
for cne year, and az every succeeding lec-
tion two Of the Directors whahave served
the proceeding year shalfbe ineligible and
should the whole seven hav ing served the
proceeding year have the greatest number
OF votes, then the two hwest OF the said
seven shall be declared as nos elected, aud
the two next highest Oh the liss vo,edfor,
shall take sheir places, aud ifin any case
the votes are equal. those tebe aRpoio.ed
pr rejected to be determined by lot; and
spch Succeeding elections shall sake place
annually ca the second Tuesday 10 Febrn..
ary but for the present year for the more
immediate organiza alton of the business OF
the Company, the election may be held on
"a earlier day upder the direction of the
commissioners appointed 10 receive sub.
sxiRiiaps, ord ibe nsmbey Of votes to