Alexandria daily gazette, commercial & political. [volume] (Alexandria [Va.]) 1808-1812, 1810-09-28

OrS, to a otocknolocf, ana not 10 d otoSA@
holder to an amount exceeding the amount
of his stock actually paG up.
Articie 90. If any Stockholder shall iall
TO par up the several instruments upon his
subscription as herein before directed, his
interest upon such instalmrnts as he may
have paid shall cease, as to him, and remain
to the use and bene6. OF the other members
of this association.
Artic!e 90. If the Directors of this As
ISOLATION shall at any time wiltully and
knowingly make and declare any dividend
which shall impair the capital stock, or
shall wilfully and knowingly violate and IN
fringe any of the foregoing fundamental ar
;icles of this Association, all the Directors
present at the making or declaring such d.
vidend, or violating or intractng such tun~
damenIa! arti.le or articles, and conserving
thereto, shall be liable in their individual
capacities to the Company for the amount
or proportion of said capital stock so d.
vided, and also for any injury or damage
tina, may accrue in consequence OF any such
violation or iniraction as aforesaid I; and
each Director who shall be present shall be
deemed to have assented thereso unless he
cause his dissent to be entered on record
Arficie "a. It is hereby expressly and sx-
plici.ly declared to be the objr and inten-
ton Of the persons who associate under the
stile or firm OF the President and directors
of the Farmers, Bank OF Alexandria, that
the Joint stock or property OF the sad 60 IA
pany, exclusive OF the dividends to Dc
made in the manner herein after mentioatd)
shall alone be responsible for INC deb:s and
engagements OF the sad company. Aud
that no person who shall or may deal ~.sh
this company, or TO whom tAey shall or
may become in any wise indebted, shall, ca
shy pretencc whatever, nave recourse a
gainst he separats property OF any present
or future member OF this company, or a
eauss their persons, further thaa~may be
necessary TO secure the faithful application
Of the funds thereof 10 the purposes to
which, by these pieseuts, they arc Liable
Dut all persons accepting any bond, bid OF
note, or other contract o. this company,
siened by the President, and counte's'gned
OK attessed by the Cashier OF the company,
for the time being, or deanng with 1t ID
any o,her manner whatsoever, thereby re.
spectiv>ly give creditto the SAID joint stock
or property of the said company, and there
by respectively dissvow having recourse,
on any pretrDce whatever, TO the person or
separate property of amy present or future
member Of this company, except as acove
mentioned. And all suits to be brought
zeainAt this company Gi any shall BE- shall
be brought seainst the President tor The
time being, aud in case OF MS death or re-
moval from Office, pending any sacF sun
against him, measures sha.l DC taken, at Inc
expetce OF the company, tor substituting
his successor in Office, "a defendant; SO
that persona having demands upon the com
pany may not be prrjpdiced or delayed BY
thst event Or, if inc person suing, small
90 on against the person hrss named IS de-
fsndan. Notwithstanding his death or re-
moyal from oGc, this company saas! safs
no advantage, by writ OF error or other
wise. of such proceeding On that account;
and all reeoveries, had in manner aforesaid
shall be conclusive upon ihs company, SO
far as 10 render the companys said jolns
stock or property liable thereby, snd no
further; and the company shall immediate
ly pay the amount OF such recovery our OF
their Joint stock, but not Otherwise. And
in case OF any suit at law, the president
shall sign his appearance upon the WRIT or
file common bail thereto il being expressly
understood and declared that all persons
dealing with the said company agree to
these terms, and are to be bound thereby.
.5ricle Is. These articles Of agreement
shall be published at least twenty days IN the
the Alexandria Daily Gazette; and tor the
further information of all persons who may
transact business with or give credit to this
Company, every boud, bill, or note, or other