The Delaware gazette., 1810-04-04

require for at least six months previous 10 it.'
Tune appointed for such meeting.
ARTICLE XXI.
These articles of agreement shall be published
| IN the news papers OF the borough of Whining
ton tor one month, and for the further informa-
unn OF all persons who may transact business
with, or IN any manner give credit TO this com.
pany every bond, bill, note or other instrrmen
OF contract blythe effect or terms of which the
company may be charged or held liable for the
payment OF money, shall specially declare such
manner as the board of directors may prescribe,
that pay ment shall be made out of the Joint
funds OF This company, according TO the present
articles OF this association, and not otherwise, and
copy OF the 6th article of this association
shall be inserted in the ban!, book of every per-
son aeposling money or other valuable property
with the company tor safe custody, or printed
copy Shall be delivered to every person before
any such deposit shall have been received.
And it is expressly declared that no engage
n1ent can be legally made in the came Of the said
company unless it contains Limitation or ra-
strictlon TO the effect above recited, and the co,n-
I'any hereby expressly dsavow all responsibility
for any debt or engagement which may be mas
In their name, not containing limitation, or Zee
| sriction to the effect aforesaid.
ARTICLE XXI,
Immediately on the dissolution Of this associs-
ton effectuai measures shall I've taken by the ex-
's''ns directors Tor closing all the concerns of rhe
o2mpsny, and for dividing the capital and profits
winch may remain among the stockholders in
proportion to their respective interests.
In WiTNEss whereof WE have herennto set
our names and firms The a.y of
IN 'he year oi our lord, one thousand eight hum
dred and ten.
Nhereupon, on motion,
Aeso(ss6, that committee Of five persons be
| appotnted commissioners to open books for the
| SUBSCRIPTION OF 'he capital stock aforesaid, and
! that the aforesaid commissioners, or majority
OF theni shall open said books on tbe first Mon
day N April next ensuing, at 9 O'Clock, A. M.
az sech PLACE as tie commissioners may anpoint
ald shall CONTINUE them open un,il O'clock.
+, hl. and shall remain open between ,hosn
honfs for at ieas! one day and for three davs mn.
'sss s"7ncr filled, and fit shall 50 happen thar
more tnan the stipulated number of shares shonl.,
De subscribed for on the first day, then the COM
miss'onsts Aforesaid are TO apporlion them a :
mong the subscribers ty deducting from the
highest subscription, until they arc reduced tn
We pf"pel number; or il more persons than there
ATE shares, 'hen the commissioners are TO cas-, lots
% decide to whom they shall belong, and the
commissioners will, on deciding to whon the
shares may beong, and on the Individual hold
ef oi stot. subscribing the articles of ASSOCIATE
on, Issue receipts for the money received by them
AZ the time of subscribing. These receipts, with
, the original subscription, shall be deemed GOOD
evidence of the quantity of stock to which each
subscriber shall be entitled in this con,xsay. but
no person OF persons shall be permitted to sub.
scribe on the first day on which the books are
opened Tor more than ten Shdres, nor shall any
, subscriptions be permitted by praay on the first
DAY and II ,he stock be rot subscribed on the
tfst uaJ, the bcoSs are to remain open on the
second day % the same tctms as the first, excer,
as to the prevention of subscription by pioxv;
but il they are not filed on the second dav. then
'he commissioners may permit any person or per-
sons to subscribe for any number OF shares. mil
the whole number is completed; & should # 81
happen that part Of the shares of this bank
sh'il not hr subscribed for during the three fist
days allotted to keep the hooks open. the com
missioncfs shall appoint place or places for the
books to remain open for receiving subscriptions
until directors are elected who shall as soon as
convenient make the necessary arrangements
thefeior Prooidcd nevertle|ss, That no body poll
tic or corporate shall b. permitted TO subscribe
for s,ogl: in this institution
HcS9f7e@, nat as soon as three thousand shareg
c: the capital stock Of the aforesaid bark are sub
scrhed for the commissioners aforesaid shall
Immediately proceed to call meeting of the
stock holders after giving at least ten days pub
&c notice, and that the said stock holders when
50 convened shall elect by ballot nine directors
Tor the purpose of filling The blank in the Sd ar-
tlcie OF the foregoing articles OF association and
when so elected the aforesaid commissioners
shall Immediately pay over ia such directors the
amount of the subscription monies in their
hands.
Reso'ved, That John Way, Robert Hamilton,
Daniel Lowbcr, James ']effries, and John Tor
bert he appointed the commissioners to act in