Virginia Argus. [volume] (Richmond, Va.) 1796-1816, 1816-05-15

~ soon As We SUBSCRIPTION rs closed, nr a.
leAs' seven Gays a'er L is closed the comm,sS;
"'e.s " me several states, o,ker than Pennsv'
vans, will raake two transcrints or cor,a.
the subscription book, they VIII retain one G.
Ply themselves they will send the other 20 II
Secretary OF me FreHidry at Washington, IN the
oSrietot Columbia; and they will send u,
original 'upscription book Certifying the sam
20 DC genume) to the commissioners 1T Philadel
phia
o. on the receipt ofthe subscription book
rom the commissioners of the several states. YOU
wiz immediately convene; and if, upon taking
Az account OF all the subscriptions, it appear tha
more 'hsn the sum of 20. 100000 Of dollars ha
oeen subscribed, you will proceed to reduce On,
amount in the manner directed bv The act . Ma,
is to saw. ~
w The amount OF the excess to be deducted
IRON the largest subscriptions, in such man.
her, as that no subscription shall be reduc
cd an amount, while any one remains lar
,sger, /.
(2( 1.-THE subscription, at any of the places
designated for receiving them. does not ex
ceed 5000 shares, the amount is not to be
reduced at such place.
g If the subscription at any of the t,s;sno.
ted places exceed 5000 shares, it may be
reduced TO that number of shares. but M,
lower 80 ''o'
q fhyng, IN the case of redundant subscrip
tion, reduced and apportioned the number n
shares,you will, with all convenient d;spa,cb
cause a list to be apportoned, subscriptions to
oe mace out, tor each place, and transmit it TO
me proper commissioners. And thereupon YOU
~n return to the subscribers at Philadelphia.
lawfully entitied thereto, the surplus of the de
post fcoin and funded debt, beyond what ;s ne.
cessary TO complete the payments for the num-
oer OF shares apportisned To them respectively
o. IN case OF the aggregate amount ofthe sub.
scrip'ion, at all the designated places, shall no,
amount TO 2S,000,000 of dollars, the subscrinti.
ons TO complete that sum are to remain open a,
tn'iaGeioh'a, under your superin, enhance; and
lne SUBSCRIPTIONS may then be made by any indI
'ut.'i' company or corporation, tor any number
VI snares' not exceeding the deficient amount
~ hs soon as the sum of s, 100000 dollars. IN
com ahd funded debt, shall have been actually
IeeeNen on account of subscription to the capi-
VA on the bank (exclusiue of the subscription q,
.ne United States) you will give notice thereof
~ AZ ieast two newspapers, printed in each of
ue places designated for receiving subscript,
o"s and you will at the same time AID m like
rTuner' hotliy time and place within The CITY
Oh fhIiadelphla, Al the dis ance of at least thr,y
days from the tune of such notification. for nr6.
ceedIng to the election OF twenty directors. who
arc " ne CHOSEN by the stockholders at which
tune ana place, the election shall be made. in
.he manner prescribed by the act of Congress
llal Is 10 say,
nr,v 81
Y The number of votes shall be in a speci.
,ieP proportion to the number of shares held
ny the voter but no voter 10 entitled 70 =
greater number than 80 votes.
RULE XVI.
W NO stakeholder, unless he be a citizen of
OF OF tne United States, can vote in the choice
OF directors.
~ stockholders actually resident in the Uni.
eu states and none other, may vote BY
<, RULE III.
w Nohe nut stockhoider, resident citizen
OF me United States, can be director
ihaVe the honor to rIclose copy of the CIR.
CulAr, winch has been addressed to the other
commissions for your information.
,.I am, very respectfully, gentlemen, your most
A. ]. DALLAS,
10 Messrs William Jones.
Stephen Girard,
Thomas NJ Willing,
Thomas Leiper,
Cadwsllader Evans, Jun.
me Schedules referred to in the preceding
'e''ers are IN the following form