Alexandria gazette, commercial and political. [volume] (Alexandria [Va.]) 1812-1817, 1817-03-15

Y
original proprietor and, to continue
the succession of the said President q
Directors, and to keep up the same
number.
BE it enacted. shat, from time to
zine, upon the expiration OF the SAID
term, for which the said president and
directors were appointed. the proprIe-
tors of the said company. at the next
general meeting, shall either continue
the said president and directors or any
of them: or choose others in their
stead; and. in case of the death. reno
val, resignation or ineapacity OF the
president nr any of the said directors,
the remaining members Of the board
may supply the varanries so occurinS'
by election from amongst the stock
holders. and the members 50 chosen
shall serve until the return OF the an
nuai cle.'tion
And be it enacted, That the pre-
sence of propi'ietors. in person or by
proxy, holding at least three tifths OF
the stock subscribed, shall be neces-
sary to constitute a general meeting,
and that there be general meeting
OF proprictors on the first Monday OF
December in every year. at such con-
yenient place as shall be. from time
to time, appointed by the said general
meeting: but if a sufficient number
should NOT attend on that day. the pro-
prietors who do attend may adjnurn
such ,ar'ting from day to day. until
the business Of the company is finish
cd; ~ which meeting the president and
directors shall mak1 report, and rem
der distinct and just accounts Of all
their proceedings: and. on finding
them fairly and Justly stated, the pro-
prictors then present. o" a majority
If them. shall give certificate there
,f: a duplicate Of which shall be enter
ed na the said Company's Books; and,
at such yearly meetings. after leaving
in the hands nfthe treasurer. such sum
as the proprictors. Or a majority 81
them. shall Judge necessary for repairs
and contingent charges. am equal div
dend Of all the nett profits arising
from the tails hereby granted Shall
be ordered. and made to. and among.
all thc proprietors of the said com
pany in proportion u their several
and. upon any emergency. in
the interval between the said yearly
meetings. the said president or ma
iority Of the said directors, may APP
point a general meeting Of the pro-
prietOrs of the said company. at any
convenient place. giving at least one
previous notice in each OF The
newspapers aforesaid; which meeting
may be continued and adjourned as
And be it further enacted. that, for
and in consideration of the exp 'nscs
the said proprictors will be at. moi
only in cutting the said canal. erect
ing l,rks and other works. for inn
proving the navigation thereof. but in
maintaining aud Keeping the same in
repair. the said cana: and works. with
all their profits. shall be, and the
same arc hereby vested in the said
their heirs and assigns
forever. as tenants in common. in pro-
portion to their respective shares; and
the same shall be deemed real estate.
and be forever exempt from payment
Of any tax. imposition. or assessment
whatever; and that it shall and may
be lawful for the said president and
directors, at all times forever here
after, to demand and receive the fol-
lowing tolls or rates; that is to say
For every pipe or hogShead Of wine.
more than sixty five gal
LONESOME hundred and twenty six cents;
every hogshead ofrum, OF other spir-
its one hundred cents; every hogs
head of tobacco, eighty four cents;
Every cask of wine containing more
than thirty five, and not more than
;ixty-fve gallons, eighty cents, every
similar cask of rum or other spirits,
IL of linsecd oil. fifty cents; every
ask Of wine containing not lsss than
twenty. nor more than thirty FIVE gal
ons. forty cents: every barrel of rum.
,r other spiIits, or of linseed oil, of
similar capacity. thirty cents; every
leg or other vessel of wine contain
ng less than twenty gallons. twenty
i've cents; every similar key or other
'essel of rum. or other spirits, or of
Il = L. l. Ill