Alexandria gazette, commercial and political. [volume] (Alexandria [Va.]) 1812-1817, 1813-12-11
SATURDAY. DECEMBER II. 1873,

his being director. Not mere than
nine OF the directors, exclusive of the
president, shall be eligible for the next
succeeding year; bot the director who
shall be president at the tin.e OF An cleo.
ton may always DC re elected.
ARTICLE VII.
, The president and directors are here
by fully empowered To make, revise, al
tor or annul all such rules, orders, Bye
laws and regulations Tor the government
OF the company, and that OF their OFF,
GERS, servants and affairs, as they shall,
from time to tins, think expedient. not
inconsistent with law or these articles
of association; and to use, employ and
dispose of the JOINT stock, funds or pro.
perty OF the said company, (subject only
to the restrictions hereinafter rnention-
ed) as to them may seem expsdient, and
to loan to any STOCKHOLDERS, without an
endorser, on pledge Of stock of the
company by such stakeholder, not ex.
cecding three lourths of said stock.
ARTICLE VIII
All bills, bonds, note and every con-
tract and engagement on behalf OF tho
company, for the payment of money,
shall be signed by the president and
countersignsd or at,ested by the cashier
OF the company ard the funds of the
company shall in no case be held res
ponsibe for any contract or engagement
whatey yer, unless the same shall be 30
signed, and countersignsd or attested ss
aforesaid
ARTICLE TX.
The books, papers, correspondence *
funds of the company shall at all times
be subject to the inspection ofthe board
Of directors.
ARTICLE x.
The said president and directors shall
have power to appoint cashier, and all
other officers and servants for executing
the BUSINESS of the company and to es-
tablish the compensation to be paid to
he president, and oil other officers and
servants Of the company respectively,
and which, together with all other ne.
cessary expences, shall be betrayed out
of the funds OF the company.
ARTICLE XI,
The president and directors shall have
power to call a general meeting Of the
stockholders for the purposes relative
to the concerns of the company, giving
at least six weeks notice in one or more
of the newspapers Of the city OF Wash
ington, specifying in such notice the
object or objects Of such meeting.
ARTICLE XII.
The shares OF capital stock at any
time owned by any individual stackhold-
or, shall be transferable CD the books OF
the company according to such roles as
aaay, cenformably to law, be established
in that behalf by the president and dircc-
tors; but ali debts actually due and pay
able to the company (days Of grace for
payment being past by a stakeholder
requesting transfer, must be satisfied
before such transfer shall be made, un-
less the president and directors shall
direct to the contrary.
ARTICLE XIII.
No transfer of stock in this company
shall be considered as binding upon the
eonpsny, unless made in a book or
books to be kept 70, that purpose by the
company and it is further expressly a.
greed and declared. that any stockheld-
or who shall transfer in manner aforc-
SAID all his stock or shares in this COM
pany to any other person or persona
whatever, shall thereuPon cease to be
member of this company and that a
ny person or persons whatever, who
shall accept trensfer of any stock or
share in this company, shall thereupon
became, and be member of this com.
pany, according to these articles of asso-
ciatien.
ARTICLE XIV.
1t is hereby expressly and explicitly
declared to be the object and intention OF
the persons who associate under the
name or firm of sThe President and
Directors of the Bank of The Me.
tfopolis,' that the joirt stock or pro-
perry Of the said company, exclusive Of
dividends to be made in tho manner
hereinafter mentioned, shall alone be
responsible Tor the debts and engage.
ments Of tho said company and that no
person whc shall or may deal with this
company, or to whom they shall or may
become in any wiae indebted, shall on
any pretence Whatever have recourse a.
gainst the seperate property Of ary pre-
sent or>future member of IBIS company;
or against their persons, excepting The
officer, and servants of said company,
in r.gsri to the faithful discharge Of
their respective duties in the conduct IF
the STAIR. and administration | the funds
ofsaid company; but all persons aece1,-
ing any bond, bill or note, or other corr
tract of this company, signed BY the
president s. eountersigned by the cash
ier Of the company for the time being
or dealing with it in any other manne
whatsoever, thersby respectively Civ