Alexandria gazette, commercial and political. [volume] (Alexandria [Va.]) 1812-1817, 1815-11-03
Articles Of Association
4 or THE
Real Estate Bank of tic
Uaifez STATES.

sors. to k,rns themselves into coslna.
nv of, limited Partnership, uri:ssr tle
rasne aaiE title Of TIE Red Estase Baiu.
IF the uisited lSfetes, r,sFtkcy VIII bt
subject 10, a01 ssaad By the following
ylaaciples, rules and regulations. vix.
Art. I. Tie caDifai stock ef said con.
pany may consist d cue issi:lNhlo Of dol.
lars. divxle,liata shares Dfsoae hundred
dollars each, with tire privilege 81 IN.
efeasing it ta such amount as the lie,
gisature of Virginia .Fsly deem pfelhel
10 take in the stselS Of TIE sail BansS. Q.
whencver the president and dl7ectofs
may deem prnpe TO 1o 50, and silaii oG
s pail in tie following manner to Wit
fvs dollars on each share, tothe com.
snissieners at the tine Of Subscribing
and the balance 80 be called For by tht
president aud directors is they saaydeem
proper Provided, That no call shal. be
made Cor any payments in less man sixl ]
DAYS, OF. for more ihaa i've .daliQss OH
&c ,ch share at anY one lime but ans SUB
be- may make a Father payment Of the
S " o,ie or any cart subscribed By him. asll
sl.sli he entitled to j Giusend taereoll ID
proportion.
Art. 2. The books for receiving sub
seriptions for said stock, saait be-oeeaed
ut lSairfax courthouse. in the state Of
Virginia, on the sd Monday in Noven7
ber next, uader tae direction OF eigh-
tern commissioners wit:
General Thompson Mason, Laurence
Lewis, Humphrey Pea3e. David sl!en,
YIN. II. Foot, Daniel McGhichester.
Villa Moss, Ihoaias Wilson, John
Il. ickett. John c Hunter, Vim.
Cock, atbaniei Manning. John Nor
rison, Esl,uuad Denny, Travis z. Mash,
Junr. Charles |. Love, SAMUEL swaine.
an John DukR.
Sas sseS et WI sns citing together shall.
\ be sufficient ia constitute board Tor the
traasaeslen Of any business of the associ-
etioa-- bessS;s all be kept open for
tsiespace Of shree ays, from 20 o'clock
-in the forenoon till 4 0'cioesin the after-l
noon Of each dag; &ifit shallbe found
al the end &c the said three days, tlatl
The su.f subscribed shall exceed the sunni
of Owe Million of Dollars. tie exeessl
thus created shall be reduced in rnaauerI
folIoeitis that to saw fran the suhscrip-I
tioa or Subscriptions highest in afaonafI
the commissioners stall subtract a shared
or shares until the same shall be nfadel
equal to the subsericAion or subscrintionsl
nexthiahest in amount, and as often asi
the case shall require, they shallsn pfo-i
cred to subtract a share or shares irolnE
The substitution or subscriptions rel
maining FRO time 10 time highest in a.
mhunt uuilt the aggregate of the ainounti
Of ak the Subscribers be reduced to tbeE
sun of'one aiisio,f Of dollars !. and if byl
and attentive operati9n Of such subtract
lion as often as tie sane shall be ne
scessasily made Il repeated as aioresaid1 1
.seafer number OF shares may be al.l
lowed ia one or more oitke snsscribessI
tiias to the rest. or ii the number of /
shares shall eventually be greater ina
MONT than Que mi jpaof dollars, so that
at least one share cannot be allowed tot
each and every subscriber, then and inl
either of the before mentioned cases the
commissioners shall ascertain by lot In 1
whom the greater number ut shares, or
the right Of subscription fnr and retain.
mo ene share .fas the case NAV be shall
he vested. and the person or persons mi
whose favm the lot may tIiereupon falk
shall ba deemed to all intents AMI guf-I