The Alexandria herald. [volume] (Alexandria [Va.]) 1811-1826, 1823-04-04

as shall, from time to time, be appointed
by the said general meeting bot, il q
sufficient number shall not attend on
that day, the stockholders, who do at.
tend, may adjourn from day day, Till
| general meeting of the stockholders shall
be had, which may continue from day
| to day, until the business ofthe company
Is finished ; to which meeting the presi-
dent and directors shall make report, and
render distinct and Just accounts OF all
their proceedings, and on finding them
iairly and justly stated, the stockholders
then present, or a majority of them, shall
give certificate thereof, duplicate of
which shall be entered on the said COM
pany's book 5 and at such yearly gene
| raj meetings, after leaving m the hands
OF the treasurer such sums as The stock
| holders, or majority of them, shall Judge
necessary for repairs and contingent
CHARGES ; an equal dividend of all the
nett profits arising from the tolls hereby
granted, shall be ordered and made to
and among, all the stockholders Of tie
said company, in proportion to their
several shares, subject 10 the provisions
and eractments hereafter declared and
upon any emergency in the interval be-
tween the said yearly meetings, the said
president, or majority of the said direc.
tors, may appoint general meeting OF
the stockholders of the said company, at
any convenient town, giving az least one
months previous notice, in at least three
of the newspapers in Virginia, Maryland
and Washington, which meeting may be
adjourned and continued as aforesaid.
Sec. S. That for, and in consideration
OF The expenses the said stockholders will
be At, not only in cutting the said canal,
erecting locks and other works, anG in
improving and extending the navigation
thereof, but in maintaining and Keeping
the same in repair, the said canal and
works with all their profits, shall be, and
the same are hereby vested to the said
stockholders their heirs anti assigns for
ever, as tenants in common,in proportion
to their respective shares, and be for
ever exempt from payment of any tax,
imposition or assessment whatsoever
and that il shall and may be lawful for
the SAID president and directors, at all
times for ever hereafter. to demand and
receive at such places as shall he eafter
be appointed by the presiden, and di-
rectors aforesaid, tolls for The passage Of
vessels, boats, RATS, produce and artic les,
at such rates as said presIden, and di,ec-
tors may hereafter allow and establish,
according to the provisions of this act.
Sec. 9. lha, if the commiss ioners
hereby directed TO be appointed shall
die, resign, or refuse TO act, the vacancy
occasioned thereby shall be filed by he
board ofpublc works or if i, be not in
sessions BY the e.c-o6fcio members therof,
and the person appointed to fill such
vacancy shall have all the power and
which was vested in the COM
whose place he shall be ap-
pointed to suppl y ; and when any part
OF the canal aforesaid shall have been
completed, according to the true intent
and meaning OF this act, the president
and directors Of the company hereby
created shall have power, and it shall be
heir duty to ordain and establish rate
OF tolls, to be paid upon boats, vessels
RATS or other property passing on the
part OF the canal so TO be completed,
and until the whole shall be done
for the collection Of which tolls, The
president and directors of the said
company shall have power to estab-
Iish so many toll houses, and at their
pleasure to appoint and remove so many
collectors at such places a. fir ON time to
time they may judge exPedient and
that the said president and dire ctors shall
have full power and authority 10 regulate
and fix a tariff Of tolls not exceeding an
average rate OF two cents per ton per
mile. Remainder in our nect
STANTON, VA MARCH 27.-=On Satur.
day the 18th inst. two boats commanded
by Thomas Orbison, left Port Republic.
and with full loads descended the Shen.
aDdoah river for Georgetown. Mr. Or.
bison intends, henceforth, carrying on
regular trade down and up the river, and
solicits the patronage of the farmers Of
Augusta and Rockingham. He expects
to return before The middle OF April, and
will, at low rate, AXE produce from
Pot Republic.
Captain Thomas of the brig Abieail
from New York bound 10 Mobile saw
on the 25th Feb. in lat. 90 40, long G68,
strange fish or serpent which appeared
TO be so or go feet in length. H. head
vas supposed to be about s or 90 lest
long, appeared like the bottom of a long
boat, only that it was apparently made
up OF joints about six feet each, resem.
bling row OF casks dashed togsth,l.--