Alexandria daily gazette, commercial & political. [volume] (Alexandria [Va.]) 1808-1812, 1809-11-20
JOHN MACLEOD, Sec'ry.

ARTICLES
OF ass CiATIO N,
Domestic Manufacture Company, OF
Alexandria.
EEHEREAS mauy citsseas ct the soson and
saeighborhooao Of Ale"andria, are sveA dis
posedto aid and encourage the infant ma
aufactares ofour couat'syf3as vel fran tic
peris0us situation she is placed an as re-
sbects Fereis7lsnations, as fran a desire to
render her more iindepeaasa. Of their sup
plies, and especially Of these articles Of
I cloathiag, zulsieh ha5is has rendered, not
merely comforte e, 5it q first necessity
: Butte do this, iad;oidtGI gg00d yOiH andof-
fees fall far short Q tae desired object, and
recourse must be had IN hrs, as IN se0erGl
great designs, to farm an Elective ass3Sre-
gate of talents and becuniory resources.--
For this purpose--lVe, tie subscribers 10
the folewing articles Of association, de-
clare our object to be---to fasss a tuad, to
make ed,ances ON deposits for sale, and for
the purchase and sale Of articles Of do
mestlc growth manufacture, ana satch
.foreisn materials as come z.itaia tie aes-
criptiou Of Dye StufFs ecchlsi0ely.---Aad
hers5g farm ourselves into q company or
limited partnership, andd 40 a5altuaAy agree
zuith each other, and hereby bind ourselves
to conduct the business Of The C0mbany I'M
der tie name and style ofthe /" Domestic
Manufacture Company of Alexandra"
9ndcontormabky to the ru'ss and reyula-
tions herein after specified.
Article 1. The capital ssock ofihe Con.
pany shall consist of IzUealty thousand dol-
Agrs,so be divided inso two thousand shares
of ten dollars each, and 80 be- paid in the
manner following, thar is to say, two dol.
lars on each share 10 be PAID al the time OF
sobscrlbing, end one dollar on the first
Tuesday of every month ,hcreasssr,for snd'
during the spree of & Sght months from the
openipg Of the subscription; aud a fs'iare
70 make puncsaally any payment after the
first, shall insur forfeiture OF all that shall
have been previously PAID on sneh share.
But the capii al stock OF the company may
be Increased to aay sum not excsediog
Forty Thoe sand dollars, it the proprie-
tors Of two thirds of the capital sleek OF
Che Company, by their coacar',ng votes at
any annual aeesing,give their assent there.
so,aad such Increase OF stock shall! be made
up by Additional shares of .eo dollars each,
add payable ill such ins.ailmenls and az such
times as the sHoard of Directors shall ap-
point.
*Hrt;cle 2. las soon as the whole or one
thousand shares Of the said capital stock
shall hare been subscribed for. and the
6rss psynert made thereon, meeting Of
the Stockhe lders shall be called by public
notice in the Alexandria aud Washington
newspapers, re- meet 10 the courthouse OF
Alcxandris either 10 person orby proxy
duly authorised, at which mee,ing the
stockholders, eisher personally or by proxy
shall elect by ballot seven of their own boz
dy 70 act az directors of the said Company
for cne year. ADD a, every succeeding eiec-
tion two at the Directors who have served
abe proceeding year ahallbe Ineligible; aud
shoald the whole seven hav ing scryed the
Proceeding year have the greatest number
st votes. then The two lowest OF the said
seven shall be declared as ros elected, and
me two next highest on the list voted tor,
shall take their places, and ifiu any case
sSe votes are equal, those TO be appointed
or rejected 90 be determined by lot aud
such suceeedineS elections shait take place
annually on the &C. Snnd Tuesday 10 Febru.
ary but for The Or esent year for the more
Immediate ORGANIC ation of the business Of
abe Company. the election may be held GA
an earlier day und kr the direction of the
commissioners aprpoin,ed TO receive sub.
aeriPsioas, and .lae nauber Of yosea 10