Alexandria gazette, commercial and political. [volume] (Alexandria [Va.]) 1812-1817, 1816-01-20

commissioners, ard shall h. $ ssIun i
one vote for each share Il .s'''ltdS
holder may sell and transfer 4. Std
sad bank, not being les t,;,a = s'scL
share. the transfer be;ns IN O'e
bank books, in presence. sss eS
appreciation of the prsprietay ! Mn "
iul attorney. No sucl. shapa st'si b
fer a tight Of suffrage, vhiss' -. .la,, q
have been transferred reggIsr,s '''
books of the association, siytx &c
yioas TO the elections, and + ss sss'spe
duty oftlte cashier to make o s,-ll L
iahe stockholders, with the j Nt
stock by each of them held, 4 t Is,.s :.
Itty da,'s previous to any elecS /, ,t'sst,
inspection Oh the stocsholesT, ,Sa
Art. E. None but a citizen =
States and a stakeholder SIN Nev
Die as president director or em.. ee. .fi
er, and the President and di,s aaF'o''
the time being shall give feas vs.I ~" Il
lie notice in the Newspapers ei ., Sl. rs
dria Of the tilne ard place ie,,.' sl' !,
ffst) of holding the elections & ~
tors and commissioners. %
Art. 7th. The president and ST.
shalt give bond and securityfp, AMI
Jul performance Of their tiuiy, ,S'
ltislaction Of the directors; the otsa.
GERS, and servants shall take a. -
affirmation, and give bund ana s~ t
satisfactory to the president End d.,
TORS for the faithful dischargs :, ' %
several offices. va
1 Art. 8. All bills, bonds, note,
eyery other contract or enyaqens,t \
behalf OF this institution saafl lie a,..j|
lby the president, and countersispsI,I
the cashier; and the funds Of IL, h,tl
shall in no wise be liable, unless er l.
tslgned, and cOuntersigned a, afae.,I
! Art. 9th. In case Of death, dlsust.I
|cation, Or resignation Of the pres{sr, NJ
ANY director. or commissions, oFur n
servant of this institution, the besm n
directors shall ill such vacancy, aptaI
case OF the absence Of the president M
place may be supplied Ey Directs
appointed protempore BY The gtesdtrs|
in writing or on his falling to Gake aa
appointment, the directors may auG,a
lone oftheir body.
Art. 10th. The president and lip.,
tors shall not demand, orreeeiye e,.a.
er discount, or interests than at the Rsa
Of one per cent for sixty DAYS; and q
Iall sums above one hundred dollars. del
J posted ior the space Of sixty days, thcu
NAV be allowed an interest Of thHee g|
cent per annam.
No stock shall be transferred vIA|
| the holder stands actually INDEBTED &dt|
bank. the money being due and uDgadiI
except the president aud directors SD
|order otherwise.
Art. 18th. Any number Of stOcla.
ders not less than thirty, who tcSg
shall be proprietors OF five thOusa
shares, or upwards, shah have lorrt
any time, 80 call a general meeting
the stockholders. for purposes restins
tie institution, giving at least sis Vetl'l
pubic notice i'll one or more nevsFItr
OF the town Of Alexandra, speciNHsl
said notice the object Of such meeh%
Art. 18th. 1t shall be the duty dr'
president to cali a board OF dTetSH
on application in writing OF three o. u
directors, whenever required
The commissioners shall hare poEq|
to value the real estate every year, al!
If the value should be Increased uF
shall give a certificate to the d'rec'"l
who shall add the amount Of lncrcaS
the original subscription, and the fs'sl
by paying to the bank, the arouIl |
money. Of such rise. shall be emitted
receive dividend thereon. But Cn&
contrary, if the commissioners ; a.a :
duce any real estate, they shall gT ~.
the directors certificate OF sutn rev. 4.
ton. whs may stop the dividend % "
amount reduced.
Art. 10. This institution shall co1 Ll...
until the first day of January t' slt'.
hundred and forty. unless sooner ci''. -,
ed by a majerity Of votes OF tnep.r a,
tors OF the stock at a genera rle ...9.
called for that purpose ana vls ~,
dent and directors, at the eSpitsaG..It
said time, may if they should ''i I'1c,
proper, continue the same for M
period, by making tileir decision a p',
known by insertions six weeks Pc ,r,
ly in some newspaper printed u rs"
of Alexandria. IA d;4;.
Art. 18th. The preside; , IaI l~ ~
tors shall as soon IS they tlIlra ,,er
:, .;Io,J of ryofts: hC