Alexandria gazette, commercial and political. [volume] (Alexandria [Va.]) 1812-1817, 1815-11-15
ficzes D IS iatI0ll
or FE
ls<al Estal { Ba'sk b tlse
Duifea States.

41tbEfe Co AJ0ttt Cos
BE # g6nwns and it is hereby pro-
claimed That the Subscribers do agree
fer themselves. their heirs and success
Isors. 10 form tsepsscltes into a coElrpa7|
nv Of limited partnership, under the
M ;ns and title Of The Reel Estate BqllA
OF the LTlited States. and they will be-
sas3ieet TO, aud bound by the following
|priiaciples, rules and regulations, VIZ.
.AEfs 'be capital stock Of said COM
,nae ly NAV consist Of one million OF doll
lars. divided into shares Of me hundred
IS each, with the privilege of ~
IcreasjnoF ii fa s,Is:h amount as Ire l4e-
I,;slataye &c Virginia may deem proper
10 fake In the stock Of the said Rank, or
whenever the president and directors
may ,lee;n aroge TO dose, add shall Oe
paid IN the following manner to Wit.
IsAya tlt.;lars on each share, to the colI'-
Is ssiaslcrs at the time of subscribing,
land ttse balance to be called for by the
Eares1lsat and directors as theymay deem
lnrsj,er: troyi,letls That no call shall he
.ade for any payments in less than sixty
.ss. or for more than i've dollars on
each share at any one tine; but any sub
her may make a farther payment OF The
Ewhose or aisy nart subscribed By bin, aud
lshalil.e eatitled to a dividend thereon IN
lmopertSon. ~
ARR. 3. The bo0ks FOR receiving sub
lsc%ptions fi,r sai,l stock. shall ae opened
k;t Fairfax couF5-housc. in the state OF
INweiaia, On tbs Sd Monday jM Novenf-
bier next. under the direction ct eiSh-
3seen conuiissionels--to Wit:
General Thompson Mason, laurence
Lewis, Humphrey Peake, David sfffen,
IAp,n. III. F,6t, Daniel Mcehiche,ter,
William Moss, Thomas Wilson, John
EI Ricketts,, John G Hunter, WIN.
lCook. Nathaniel Manning. john Nor
l,iison. Edmund denny, Travis C.Nash,
ljanr. Charles i. Love, Samuel Swasne,
land John i)hIin, 4
ANY five OF whom acting together shall
IBe sufficient tn constitute aboard for the.
ItransaetisaoF any business of the associ-
lat;ot- lie books shall be kept open for
The space Of three days. from 20 O'Clock
lin the forenoon till 4 o'clockin the after
IaoDn of each day Il If it shallbe found
TAT the end Of the said three days, that
the sum subscribed shall exceed the sum-
lof One Million Of Dollars. the excess
Tins created shall be reduced in mannerI
following that is to say from the sabscrip-I
/ ton or subscriptions highest in amount,
| the commissioners shall subtract a share
or shares until the same shall be n'adel
equal to the subscription OF subscrintionsI
| next highest Ia amount, and as often asE
the case shall require, they shall 50 pre-
Iceed to subtract share or shares fn1nl
ltae Subscription or subscriptions rel
hnaiaing fioM tine to- lime highest in al
Inouat uatii the aggregate Of the amonp'j
] of all the subscriptions De reduced TO tel
SUN OF one million Of dollars: andif b.
aud after the operation of suck ssbtrac-
| ton Gas oste.i IS the sane shall be mel
cessafiIy made 4 fepeated as aforesaid i
| aereater nnmber OF shares may be al
lowed tc one or more ofthe SUBSCRIBERS
| than to the rest, or ii the number pfI
shares shall eventually be greater in al
Imoaut than one million of dollars, so that
lat leaet one share cannot DC allowed tel
leach and every. subscriber, then and lhl
e.ther OF, the before mentioned esses the
commissioners Shall ascertain BY lot inf
whom che greater number OF shares, orr
the right Of subscription for and retain
ling ohe share las the case may beg shall
be vested, and the person or persons inl
whose Fayer the lot may thereupon fall
| shall be deemed to all intents and pur.I
poses the lawful subscriber or subscrib-|
ers for such share OF shares respectively
0ae halt Of the payments OF said sub
ton shall be made in specie, the notes oil
either Of the chartered Banks in Virginia,
the notes of any chartered Bank III the
District of Columbia, or state of Mary
Hand, or the notes al such ether Banks al
the commissioners in the first instance.
land the president aud directors after
wards shah deem proper to receive, and
lin the public stock and treasury notes oil
the United States aud the other half
may be made IN real estate, situated IN
the Northern Neck of Virginia, the Dis
|frict of Columbia, or Western Shore o.
MARYLAND at two thirds of the value OF
Isuch real estate, which value shall be as
Icertained by the commissioners hereinl
after described to be elected for that
land other purneses Before a certificate