Alexandria gazette, commercial and political. [volume] (Alexandria [Va.]) 1812-1817, 1815-05-22

row. Samuel Amin, John Newman. s.:
uuel Ashby, John ID. Simlns, John Jack
son. Col. VIM. Tyler, Joseph Nandeville.
edmund Brooke, r. Alarsteller, ID. Sc
ners or so many thereof as may be pre-
sent to act as commissioners therein.
.fattcie g.
The subscription being closed as afore.
said, the Commissioners or any iise o.
them shall forthwith advertise a meeting
OF tie subscribers for the purpose OF elect
ing from among the stockholders thirteeil
Directors to conduct the affairs of tie
company, and those persons who shall be
duly chosen at said election, sl,,,ll be ca
pable Of serving as Directors until tie
first Monday in June in the year 1916.
aid until otter directors are chosen. and
the said directors at their first meeting
shall choose President from their owl
body who Shall at the time be stockhol-
der and citizen Of the United States, ant
they shall also appoint such officers ant
servants lGder them as may be necessary
for executing the business oil the company
allowing to teen such compensation fol
their services respectively as shall be rea-
so,iabie. n he President and Directors
shall determine upoa the rules and forms
of conducting tie business and stall dis
pose oil the money and credit of TIE ,sanl
in such manner as shall appear to tiieas
best calculated to promote the interest o..
TIE proprieturs.
.ar!ic!e s.
The second election If directors shal.
be on the first Monday in June, 1916,
aud the annual elections thereafter on tI.e
same day and month in tie Town Of A
lexandria st such place aid under such
regulations as the directors tor the ti;Le
being may prescribe, and the stockl'ol-
ders $ all vote at ali such elections by bai :
lot, either in person or hy proxy, and tie
number OF votes OF eacn stakeholder Stall
be accordin, to the number OF shares lie
Snail hold.
article 4.
One month previous to each election o.
Directors tie CASHIER shall Cause to lie
made out correct list of all tie stock
holders whicu Shall be subject to tie eA-
ANIMATION OF aay niembeE OF tins lnstltG-
ton.
.2rticlp S.
A majority of tie Whole number of Di-
rectors Snail be necessary III tie choice
Of President, Cashier ana the ether On
i!cers aud servants OF tie Bank, but three
Directors with the President NAV con-
stitute beard for ttansactlps tue oIdina-
ry affairs OF the i;ailk.
.titicte E.
The President and directors S! all, as
soon as they may deem it eApediei.t, &C.
Care "a dividend of profits, aud every bal.
ear thereafter shall make and declare
sa:h dividends OF profit as they MAJ ceem
prorer. but no dni-e sliai be 1eciar-
except by "a Ma o. ~ oi all tue Dlle =
tors.
article 7.
Any number Of stockholders owning
t octner stock to the amount oi i've hun
dred thousand dollars, Shalt he at iibe.t,
to call general meeting OF stockholders
giving talrty days notice thereof in t.,
Alexandria Newspapers & specify ihs IL
Oh notice tie OBJECT OF such Cali, ant
any order made at such general meeting
BY persons OMnihg more t al hail tit
apital stock Stall be b.Ading Oh tie
Company.
.4rticle s.
TIE President and Cashier shall res
ect.vely give bond and security, and "a
s take an oath for the faithful disc! are
# their duties. The President in Il
sum of 10000 dollars and the asher IL
tae sum Of $4,000; the otI er officers
and servants shall also take an cath, ai.t!
enter into bond and security i'll such sums
as the President and Directors n.ay PIE
scribe.
Article 9.
It shall be tie duty of tie President
IN whose absence the Directors shall ap-
ONT President pro tempore) to preside
at the board of Directors, to vote on all
JueStions-tO minute the proceedings 81
the Doard-tO cause the orders and resu-
utions of the board t. BE carried into ef-
ect-to sign al bonds, bills, notes or otier
engagements, which tie board ay from
llue to time direct to be issued Tor tie
Of money, and generally to ST.
)erintend tie affairs oil tits association,
.irticle 10.
All bills, bonds, notes and every con-
,ract or enga. cement Oh behalf OF tie COLI
,aay FIR Repayment of money, slail be
lsned y tie President and countersisl-
III bx the Cashier. and tie funds OF q z |