Alexandria gazette, commercial and political. [volume] (Alexandria [Va.]) 1812-1817, 1813-11-02
sDars SATURDAYS By syovDEv
7U'ESDAY, NOVEMBER 2, 1873.

same shall have been allowed by the
stockholders at general meeting, but
the Directors shall make such compen.
sation to the President for his extraor-
binary services and attendance at tho
Bank as shall appear tothem reasonable.
Article III The President shall give
bond and security for the faithful dis
charge Of his duties to the satisfaction
ofthe Directors The Cashier, other off,
GERS and servants shall take an oath or
affirmation and give bond and security
to the satisfaction of the President and
Directors for the faithful performance
of the duties of their sew raj officers.
Article IL. All bills, bonds, notes and
every other contract or engagement on
behalf of the company shall be signed
by the President and countersigned BY,
! the Cashier, and the funds OF the COM
pany shall in no case be liable for any
contract or engagement unless the same
stall be signed and counters gned 40
aforesaid, and the President and Direc.
tors shall not issue any note for small.
er sum than one dollar
Article l3. In case Of the death,
disqualification or resignaton, OF the
President or any Director, &c any . III
Ger or Servant Of the said Association,
the Board of Directors msy, at their next
meeting. fill such vacancy-And IN case
If sickness or necessary absence OF the
President, his place may he supplied by
DirectoR to be appointed President.
pro tempore, bv the President and on
his falling to make such appointment
by the Directors.
Article IA A number of Stockhol.
ders NOT less than forty who together
shall be proprie,nrs of twenty thousand
shares orupwards, shall have power at
any time TO call general meeting of the
,ockholders, for purposes relative to
the institution, giving al east SIX weeks
notics N one or more newspapers IN the
Town of Alexandra, Lessburg K WIN
chester, specifying in such notice the
object or objects of such meeting.
A ticle Is II any stakeholder should
fai! to pay up the several instaiiments
upon his subscription, as the same may
become due, his dividends upon such
iDstallments as he may have paid shall
cease as to him, and remain TO the use
and benefit of the other members OF the
company.
Article Is. The President and Di-
rectors, shall as soon as they may deem
it expedieDt, declare dividend OF pro.
fits, and every half year thereafter shall
make and dec lare such dividends of pro.
fits as they may deem proper, provided,
such dividend shall not impair the Ca
, pital stock but no dividend shall be
declared except by a majority of all the
Directors. ~
Article II. This Institution shall con-
tinue until the first dav of January, in
the year of our Lord one Thousand eight
hundred and thirty four. but ne.erthe.
less the propristers OF two.thirds OF the
capital stock If said company may, b.
! their concurrent votes, at general meet
/. ing to be called for that purpose, dis.
. solve the same at an earlier period !:
P-ouidcd, That notice of such meeting,
/. and its object, shall be published in two
or mote newspapers, printed within the
| district OF Columbia, for at least three
; months, successfully, previous to the
time appointed for such meeting.
Article Is. The President and Dirce.
| tors are hereby authorised and required
to petition Congress, and adopt such
! means as may be proper, to obtain a
charter of incorporation, in conformity
| to these articles oil association, or as
, nearly so as may be practicable, BY which
! charter the members Of this associat on
! snail be bound, unless the President and
Directors shall dissent to the acceptance
! Of the same, and call meeting of the
stockholders, in consequence thereof,
wh'-shail ut such meeting, to be called
! ard held, within sixty days from the
passage of such act of incorporation, de-
! ter mine, on the acceptance or refusal to
i accept of such charter Of incorporation.
Article le. On the dissolution of this
association, or whenever the same shall
be determined on as aforesaid. effectual
measures shall Immediately be taken by
| the President and Directors, then in Of
fee for closing all the concerns of the
corporation and for dividing the capital
and profits which may remain among
the stockholders, in proportion to their
respective interests: