Alexandria gazette, commercial and political. [volume] (Alexandria [Va.]) 1812-1817, 1815-05-01

consideration plan for another iBsn-
rance Company 10 the Town OF Alex
andria-Tbe following articles OF as
sociatian were agreed upon, adopted.
Ordered tohe published and a subscrip-
tion opened at Triplett's Hotel on
Thursiay the at. May next, under the
sperintendance of the flowing COM
missioners, yiz.-Messrs.J John &. Laid,
Joseph Dean, Robert Young, Thomas
Vowel, Vim, Smith, John Jackson.
John Grid, George Coleman, Joseph
Vaudeville, Philip Hriplett, James
Anderson, George Tayler, Ferdinsnd
Narstelier, Daniel Somers and Nm
Hodsson.
WM. HOD0SON, SecTetagy.
April %, 1915.
TO all whom these presents shall come
Grin any wise coneern--Re it S:sso'tn,
anditis hereby proclaimed, that we the
subscribers associating together have
formad Company or!i.nited partner
ship, and do mutually agree vita each
other and hereby bind ourselves to con-
duct the business Of tie Company un-
der the name and sti!e of the Presi-
dent 4, Directors eftha Co!sta5ian II
srraace Compaag Of alexandria: and
s,nformabIy5to the rules s. regulations
hereinafter specified. And we do CO.
veaant and agree with each other and
declare, that we and all persons who
at any time hereafter may transact blu
ness with said Company, shall be bound
aud concluded by these our fundamen.
tai articles of association.
article l.
The copartnership shall be and CONT
nuefor the term of twenty one years from
and after the opening Of Subscriptions,
unless charter is sooner obtained, and
1.-THE president aud directors at their
frs. meeting after the election in the last
ysarof the aforesaid terra rtwo thirds con-
curringl shall be Of opinion that it viii
be proper and expedisnt to continue the
cOrartnerahip for further limited time.
not exceeding twenty-ons years, they
shall have power to decide on the same.
and shall immediately make known their
decision by publication in one or more
Alexandra or Washington Newspapers.
And the president and directors are here
oy authorised at any time to apply for
and accept such charter az maybe a.
greet upon with the concurrence of tive
thirds Of taat body.
Article g.
The Capital Stock may consist Of i've
handrea thousand dollars money of the
y. States, tobe divided into shares of
nifty dollars each and to be paid in the
manner following.-Each person on sub
ecr'blng shall pay to the commissioners
asfeinatter named, ten dollars on each
and every share so subscribed, that is to
say, one dollar in money, one dollar in
thirty days, one dollar in sixty days, two
aolisrs III ninety days, three dollars in
one hundred and twenty DAYS and two
collars IL one hundred and fifty days,
winch hive last mentioned payments shall
=, oY notes made payable at some one
~ * in Alexandria with an endorser on
sen TO be approved by the said Commits
s'Oners or a majority, Ave constituting a
r'afc or quorum. And for the remaining
I0rty dollars payable on each share, the
PERSONS subscribing as aforesaid, shah
grant to the president aud directors here
matter hrst to be appointed, Cor to such
Rer'on as may by them be appointed a
trustee Tor that purpose) notes payable
Va uemand, with such security as shall
&c approved by the said presideutand d.
,ee1ors or majority of them. And pay
:aeat OF the said notes may be called for
"a sach portions aud at such times as the
saesiaeat aud directors for the time he
s may deem expedieat and necessary.
srnls 'ersg days notice in one e4 the
e"spapers published in the Town of A.
, .;S 4 CITY of Washington resnec.
.tY, OF the sum required and the time
u Pace at which payment is to be made
a". u any subscriber, his executor, al
illustrator '9 assigns Shall all to pay tn.
es gwen at'tae time of subscribing, Oh
s1. CIV =. them'as the same become due, o.
sas an lali tagant to the president and di
~ hereinafter first to be appointed,
mt y, :" the Trustee if appointed for Il Al
s, "p"ses or thsrsunto being requiret
S'ss sfassss for she fsrty apllass per ala. Z