Alexandria daily gazette, commercial & political. [volume] (Alexandria [Va.]) 1808-1812, 1810-10-09

the discretion Of the President and Direct
ors. to S,ockholder, and not to a Stock
holder to An amount exceeding the amount
Of his stock actually paic UP.
article 90. II any Stockholder shall fail
to Day up the several instalments upon MS
subscription as herein before directed, his
interest upon such insta!nsnts as he may
have paid shall cease, as to him, and remain
to rhe use and benefit of the other m:rnbers
of this association.
.Ar:;c!e %. If the Directors Of this AS
socia,ion shall at any time wlfuiy and
knowingly make aad declare any dividend
which shall impair the capital stock, or
shall wilfully and knowingly violate and m
fringe any of The foregoing inndams ntai ar
,ic,es of this Association, al the directors
present at the making or dzclArin6 such d.
yidend, or violating or intracting such sun>
dameu.ai article or articles, and conaenl'ng
thereto, shall! BE- liable in their Individual
capacities to the Company Tor the amount
or proportion Of said capital stock so d.
vided, aid also for any INJURY or dams5>
tina, may accrue in consequence OF any such
violation or infraction as Aforesaid; and
each Director who shall be present shall :bc
deened to have assented thereto unleos ne
cause his dissent 10 be entered on record
.drtic.e 24 It is hereby expressly and cx-
plicit!y declared to be the ohjecs and lnten-
ton OF the persons VINO associate under the
s,iie or firm Of the President and Directors
of the s'a.u eys Bank OF Alexandra, that
the ;oirs STOCK or property OF the sad COM
napv. Exclusive OF the dividends TO be
.nate ia the lnaHner herein alter nrn!ioned)
s4,a.! alone be responsible for Tx: debts ana
eogags.nents OF The sad company. And
lha, 40 person VITO shall or may dva! w'th
this company, OK to whom they shalt or
may becum- in any wise Indebted, slasl, On
INV psetsace whatever, have recourse a.
Qainst the separate property Of say present
or future uen.b&. OF this COMPANY, Or "a
Gains. ,huiy persons, further than may be
necessary TO secure inc faithful application
Of tnc funds thereof to the purposes 20
which, by these presents, they ar@ ilaoie:
Bet all persons acce p,ing any bond, b!A or
noe, or other conuacs OF TINS company,
signed by tao Presldent, AUG counttIsgn=d
or attestca by the Cashier c! ;he company,
for the Tins bsing, or dealing with It Ia
any o.he. maEnyr whatsoever, thereby re-
srsc,,y,iy give credit to III: SAID joirs stock
or property o. ;h= said company, and there
By res pectiveIy dls2Yow having FeconTs>,
on a,3v pretence whatever, to tax! pstson or
separate property Of any present or tosnre
J,
mentioned. And all sul;s to DC brought
agai..s. sh. company Gil cay shat! be- shall
be brought against the President tor 'h=
Il. being, and IN case ct his death or re.
moval from o!ii@e, Prnding ANY sucH SUI:
sc.,;us; him, n1casu1es Sba'l Dc taken, 81 toe
exovnce Of the company, tqr substituting
his successor in offs, as defendant; 50
s:sat persons having demands upon IN con-
pany may not be pvsjudiccd OF delayed by
lhst event F.: Or, it the person sa'ag, shall
60 on against the person fist named AS de-
Pendant notwithstanding his death or re-
rnoyai from, ofiict) ehis company shaH take |
no advantage, by writ OF error or other
wise, of such proceeding On that account;
and all recov,ries, had IN manner aforesaid,
shall. be conclusive upon tbs company, SO
far as 20 render the 'companys SAID Joint
stock or property liable thereby, ana no
further; and the company shall Immediate
" pay the amount of SUCH recovery out OF
their ioint stock, but not otherwise. And
in case of any suit at Law, the president
shall sign his appearance upon the writ, or
file common Gail lilereto II being expressly
understood and declared that al! persons
dealing with the said company, agree to
these tern1s, and are to bc bound thereby.
.4rt:c{e %. These articles of agreement
shall be published at least twenty Gays III the
the .tleXanurla Daily Gazette; and for the
further Information Of ali persons who nay
transact business with OF give credit to this
Company. every bond, bill, or note, OF other
4, fam.