Alexandria gazette, commercial and political. [volume] (Alexandria [Va.]) 1812-1817, 1816-05-15
sof Sundays, between thehodrs Of ten o

sof SUNDAYS. between the hours OF ten o.
clock in the forenoon and tour O'clock II
the afternoon. 8
2. ANY individual, company, corpora
ton, or state, may subscribe for any uun.
|ber of shares not exceeding three thou
sand :: and at the time of subscribips
there must be paid upon each share five.
dollars in gold and silver coin of Il. {.
Estates, or Of foreign CONS, and twenty
five dollars more 10 ike coin, orin funded
debt. The value at which the foreign1
COINS, and. also, at which the funded
debt, shall be received, arc specified in|
|tbe third section OF the act.
9 Each subscriber must deliver to the
commissioners, at the time Of subscrib-
;no certificates of funded debt, to the
amount Of the first instaiment of the
funded debt, together with power o! at
torney, in the form of tie annexed
schedule marked B. And the commits
sioners will thereupon give receipt in
| the form OF the annexed schedule mark
| ed C.
d. The commissioners viii inclose
each subscribers deposit Of coin and
funded debt in separate envelope. ODE
sealed, and TO &c labelled with the name
!of the subscriber. They viii place the
Whole amount of deposits Of coin and
funded debt. in secure chest, having a;
least two locks Of different construction ;
1.-The KEYS whereof TO be separately kept by
different commissioners. And they will
Hodge the chest in the vault of some
bank, or some other place Obscure and
| safe keeping so tia. the same andits
contents shall BIO specifically delivered
land transferred as they were received, to
| the president, directors ard company Of
the Bank Of the Z. States, or their Or
der.
| s. AS soon as the description is clos
ed, Or at least seven days after it is clos
ed the commissioners in the several states,
other than Penns} lyania, will make two
transcripts, or copies, OF the subscription
books they viii retain one copy them
selves /; they viii send the other to the
ISesretary oftie Treasury at Washington,
| in the District Of Columbia /; and they
| will send the original subscription book
| Verifying Inc same to be sen.ine) 10 The
commissioners at Philadelphia.
6. On the receipt OF the subscription
hooks from the commissioners of the Sc
iveral states, you will Immediately con-
lyene: x if. upon taking an account OF all
| The subscriptions, itagpear that mere than
the sum OF 2S,G00,o00 ofdollass has been
Sub, cribed, you will proceed to reduce the
amount in the manner directed by the act,
that is to SAY,
| a. The amount Of The excess to be
deducted from the largest subscrip
tons in such manner. as that ~ sub
scription shall be reduced in a
mount, While any ore remains lar
ger.
! ~ If the subscription, at any Of the
places designated forreceiying them,
does not exceed 5000 shares, the a.
mount is not to be reduced at such
place.
(5.) If tie subscription, at any of the
| des grated places exceed 5000
shares, it ray be reduced to that
number OF shares hut not lower.
:, Having, in the case of redundant
subscription, reduced ard apportoned
tthe number of shares, YOU will, with all
convenient dispatch, cause list Of the
|apportio ned subscriptions to be made out.
Tor each place, and transmit it to the pro-
per ccnmissl ner. And thereupon von
will return G the subscribers at PhiiaGel-
| phia, lawfully entitled thereto. the surplus
Of the deposit of coin and funded debt, be-
yond what is necessary to complete he
payments for the number of shares appor-
Itioned to them respectively.
8. In case the aggregate ar cunt OF the
subscription, at all the designated places
| shall not amount to 28.500, 600 Of dollars,
the subscriptions to complete that sum
are to remain open at Philadelphia, I'M
| der yeur superintendent and the SUB
Iscrpticns may then be made by any in
ldiyidual, company or corporation, for any
number OF sh res, net exceeding The def
lcient amount.
9. As soon as tie sum of 8, 100000 DOL
lars, in coin AID funded debt. shall have
been actually received on account Of t..
subscription TO the capital Of the bank,
Exclusively of the subscription Of the Z.
States, you will give notice thereof in at
least two newspapers, printed in each Of
the places des grated for receiving sub