Alexandria gazette, commercial and political. [volume] (Alexandria [Va.]) 1812-1817, 1813-12-25
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SATURDAY, DECEMBER Is. 1873.

person whe shall or may deal with this
company, or to whom they shall or may
become in any wise indebted, shall on
any pretelce Whatever have recoursc a
!, gainst the separate properly OF any pre-.
sent or future meipber OF this company;
or against their persons. excepting the
officers and servants of said company,
in regard to the faithful discharge of
their respective duties il. the conduct OF
the affairs and administration OF the funds
of said company but oil persons accept.
Z ing any bond, bill or note, or other cone
tract of this company, signed by the
president & countcrsigned BY the cash.
Ter Of the Company tor the time being,
or dealing with il IN any other manner
whatsoever, thereby respectivei, give
credit 10 the said joint stock or property
of the said company, and thereby res
pectively dlsAvow having recourse OF
any psesenee whatever to the person o,
sepcrate property of any present or flu
ture member OF this COMPANY {cxcspt-
ing as before nieD,.onedi And slisuits
to be brought against this company Ut
any shall bc) shall be brought a.
gainsl the president tor the time being.
or in case OF his death OF removal from
Office, pending any suit against him,
measures shall be takes At the expeDce
of the compan, for substituting his sue.
cessor in Office as a defendant, 50 that
persons having demands upon the COM
paDy may not be prejudiccd or delayed
by that event; or if the person suing
stall 60 Oh against the person first nam.
ed az defendant, notwithstanding his
death or removal from office) This csua-
pany shall take no advantage, by writ Of
error or otherwise, OF SUCH proceeding
on that account: and all recovery had
in manner aforesaid, shall be conclusive
upon the company, 50 far as to render
the com2any's said joint stock or pro
perty liable thereby, and no fprther and
the company shaIl immediately pay the
amount of such recovery out OF the r
Joint stock, but not Otherwise. And il
case OF any suit a. law, the president
shall sign his appe arance upon the writ
or tile common nail thereto it being
expressly understood and declared, that
all persons dealing with said company
4gres TO these terms & are bound there.
by and will mol require special bail
from any person for or on account offs
ny claim or demand upon the said CEN.
pany.
ARTICLE XIV.
TIL
The first d! y oh Il II the .,d peoa,
As shalt be de.med expedient snd proper
shall be declared at such time a. the di-
rectors snail determines, and ali future
dividends half yearly thereafter The
amocpt of such dividend shall from
tim to time be determined by the pre-.
sident and directors, al g meeting held
ior that parpose, and shall in no case
exceed the amount of the net profits az
tualiy acquired by the company, so that
the capitsl stock of the said com pany
shall never be impaired by dividends
but the directors shall be ct sherry to re.
tain at least one per cent. pom the CAPT
| til paid in a. fund for future eontiu
gencies.
| ARTICLE XVI.
I If the said directors shall at any time
| wilfully and knowingly make or declare
any dividend VII IN shall impair the said
capital stock, all the directors present
at the making or declaring of said disi.
dend, and csnsentns thereto, shall be
liabls in individual capacities to the
COMPANY, 70 the amount or proportion
OF said capital stock, so divided BY the
said directors, and each director vho
shall be present at the making or de-
claring such dividend, shall be deemed
TO have consented thereto, unless he
shall immediately enter in writing his
dissent on the minutes OF the proceed
ings ofthe board, and give pablo notice
to the stockholders, that such dividend
has been declared
ARTICLE XVII.
1t any VACANCY shall at 1ny time hap
pen among the directors by death, resig-
ASTON, or otherwise, the residue Of The
directors for the time being, shall elect
director t. fill the vacancy.
ARTICLE XVIII.
1hcse arucieS Oh agreement ebAii DC
published in one newspaper in Wash.
ington, one in Bali more, one in Frede-
ricktowD, and one in Alexandria, once
week for one month, and for the further
information of all persons who may
transact business with or in any manner
give creditto said company, every bond.
bill. note. or other instrument or con-
( tract, BY the effect. or terms of which
the company may DO charged, or held
liable for the payment Of money. shall
specially declare. in such form as the
president and directors shall prescribe,
that pay saent shall be made out Of The
joint funds Of the Bank of the Metropo.
lis. according to the present articles e
associations and not otherwise A copy