Alexandria gazette, commercial and political. [volume] (Alexandria [Va.]) 1812-1817, 1813-10-30

SATURDAY,, OcroBER 80 1873.

same shall have been allowed by the
stockholders at general meeting, but
the Directors shall make such compen.
sa,ion to the President for his extraor'
binary services and attendance at the
Bank as shall appear to them reasonable.
Article IL 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 performances
! of the duties of their several officers.
Article 10 All bills, bonds, notes and
every other contract or engagement on
behalf of the company shall be signed
by the President and countcrslgned by
the Cashier, and the funds of the COM
paDy shall in no. case be liable for any
contract or engagement unless the same
shall be signed and counterstgned as
aforesaid, and the President and Direc.
tors shall not issue any note for small
er sum than one dollar.
Article Is. In case of the death,
disqualification or resignation, 'of the
President or any Director, or any 9th
Ger or Servant of the said Association,
the Board of Directors may, at their next
meeting, fill such yacancy--And i'll Case
of sickness or necessary absence OF the
President, his place may be supplied by
Director to be appointed President
pro tempore, by the President, and ON
his failing to make such appointment
by the Directors.
+ Article IA. a number of Stockhol.
ders not less than forty who together
shalt be proprietors of twenty thousand
shares or upwards, shall have power at
any time to call general meeting OF the
stockholders, for purposes relative to
the institution, giving atieast SIX weeks
notice in one or more newspapers In the
Town of Alexandra, Leesburg * Win
chester, specifying in such notice the
object or objects of such meeting.
Article 1917 any STOCKHOLDERS should
| fail to pay up the several installments
upon his subscriptions, as the same may
become due, his dividends upon such
installmcn,s as he may have paid shall
cease as to him, and remain 70 the use
and benefit of the other members OF the
! company.
Article is. The President and Dl.
rectors, shall as soon as they may deem
it expcdient, declare = dividend Of pro,
fts. and every half year thereafter shall
make and declare such dividends OF pro-
fits as theymay deem proper, provided,
such dividend shall net impair the "a.
+, nital stock but no dividend shall be
I declared except by 9 majority OF ali the
Directors.
Article II. This institution shall con.
! ,inue until the first day OF January, in
/ the yearLof our Lord one thousand eight
| hundred and thirty four, but neverthc-
less the propr;sters of two thirds of the
capital stock Of said company may, by
their concurrent votes, at general meet:
! ing to be called for that purpose, dis
+. solve the same at an earlier period:
| Provided, That notice OF such meeting
and its object shall be published in two.
or more newspapers, printed within the
| district OF Columbia, for at least three
months, successfully, previous to the
| time appointed for such meeting.
Article lS. The President and Dlree
tors arc 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 OF association, or as
neatly so as may BIZ practicable, by which
| charter the members of this association
| shall be bound, unless the President aod
| Directors shall dissent to the acceptance
| of the SAME, and call meeting OF the
| stock holders, in consequence thereof,
who shall at such meeting, TO be called
and held, within sixty days from the
passage Of such act of incorporation, de-
terminc on the acceptance or refusal to
accept of such charter Of Incorporation.
| Article l9 On the dissolution of this
association, or whenever the same shall!
BE- determined on as aforesaid. effectual
! measures shall Immediately be taken by
the Presiden, and Directors. then in Of
fee for closing all the concernsof the
! corporation and for dividing the capital
and profits which may remain among
the stockholders, in proportion to their
respective interests: