, 1864-07-11

by the bodies they represent, for the promotion
Of the principles of the said corporation, aud
the benevolent purposes Of the Order Of Free
aud Accepted MasOn-, which they represent:
PF0rided, That said corporation SiGail take and
hold no more Ian than Is sSaTy for q site
Un Which to erect Masonic Hall, suitable and
convenient fer the transaction Of the busin, IS
Of the association and the promotion Of the
principles and purposes aforesaid. But this
provision shall not prevent the said cOrpni alton
from constructing suitable rooms aud offices n
cOnnrXlOn with the said hall, to rent, and rent
ing the sarnc, aud receiving rcIit therefor 40 b.
applied 10 the PROMOTION Oi the principles aud
purposes Aforesaid
Sec. ). AHi 30 At Jartier eRGc.ed, That tie
capital stock VI SAID corporation shall nd K
ce- d the sun Oi three hundred thousand dolla S,
an llIat the stock shall he divided IntO shares
OF t~enIy dollars each; and shall b, deemed
personal property, transferable ia such manner
as tue constitution anu by laws Vi sand Co p0-
ia;ion may direct.
See. 1. And be it farther sHarted, That within
twenty days alter thu passage OI tbs act, tue
corpOralOrs named in the first scctiEr, or ma
jority Of them, Or, u any TeiIse u neg eel tO
act, then a majority Vi the rennAInGer, saall
cause books Uf suOseIi iptIon 10 the capital stuck
open IN such place AID for psriOi 10 Le Iixe,
by ssld corpdratOrs, or a majority Of tIeIn.
pubic notice Ui which may be gwen by hdveF
tisrment or Other~is, as SAID eOrpOr aIUrs or
majority Of them may determilI, and sub
Sc IberS upon said books Ia the cap tai stock Of
tn, rtOI alton snail be he'd 10 be storkhO d.
rrs: IrUUided, That every subscriber shall pay,
al the tiane OF su scrIbiug, such per centun Oi
the amount by him subscribed tU the tr, HsJTer
elected or appointed by the corpOratUrs, Or u
majority OF them, as may be required l,y said
cUrpOrHtors or y majority VI them, or his sui
TIptiOn shall 6e null aud void. Aad when
the books Of subscription to the capital stock
Of said corporation shall be ciOsed, the curpO-
raiors named in the first SECTION, or q majorIy
Of them, aud IN case any Of them refuse or
neglect TO act, then majority VI tue remainder,
shall, within tweuty DAYS thereafter, cali tue
tiTSt uIeetIng Ol the slOcEh0 derS OF Sam corlO-
ratiOn, to meet Aitiin ten days thereafter, for
tue cnoicc Of directors, Of which public notice
shall be gwen iur three day in tao pubic news
papers published daily IN Washington city, or
by "riIlen personal notice served UD each stock
holder, b. the secretary ,r clerk OF the CorpO-
ration. And in all meetings OF the stockholders
each share shall enutls the holder to one vote,
to be gwen in person or by proxy.
GJeC. Os dHu Ot 70 IuFtHCF CAuCteu1 1ual tHo
government aud dirvcu0n Of the affairs oi the
cOrpUratOrs shall be invest d in board Of direc-
tors, i've IN number, elected by the stockholders
on the first N Dday Of December in each year
FROM among the cOrpOratOrs named in the tirst
section Of TINS net, aud their successors, elected
Or appointed IN the manner hereinafter declared
by the masonic bOdirs they represent, who shall
hold their Office for one yea and until others
are duly elected and qualified to take tneir
places as directors; and the said directors shall
elect one Oi their number 10 be president Of tho
board, who shall also be president Of the cor
pOFatloD, aud shall elect secretary from among
their own number, or from tho cOrpo 'ators
aforesaid, who shall also be secretary Of the
corporation, and they shall also choose 4 trea-
sureT, WhO shall give bonds with surety TO Said
corporation, IN such sum as the said directors
may REQUIRE, for the faithful discharge Of his
trust. A majority Ol the directors shall form
y quorum tM the transaction of business, and
ia case oi vacancy in the board Of directors
by lh' dvstn, resignation, or otherwise, Of any
director, the vacancy occasI1ned thereby shall
be h!lvd BY the remaining directors frOm among
the corporatOrs named 10 the brSt section Oi
Iais act, Or their SUCCESSORS duly elected Ur air
Pointsd IN tie manner hereinafter declared by
tho uasoI,ic bOiirs they Represent.
See. .. A'd be il further enacted, That the
directors shall havv iulI power tu make aud
prescriOr such by laws, ules. and regulations
as they shall deem nrediul aud proper for the
disposition aud management Of the sto. k, pro-
perty, estate, aud effects Of the corporation,
not contrary TO the charter or 10 tie laws Ol
the United States aud the OruiHauers Of WASH
ingtOn city, aud shall have power to alter or
aWend the sauIe us the interests Of the cOrpo.
ration, in their opinion, may reqHirc. Aud tar
said directors shall have power % regulate tue
payment Of interest upon the ccrtiiicalcs Of
stock held by the Stockholders. or to the dvi.
dtnds that may accTuv, aud shall have pOw,r
To provide hm the redemption { the Sto K
held by Individuals, upon lair and rqultaO Q
termS.
Src.7. And Be it further enacted, That each
masonic body VI organization named IN the tifst
section Of this act shall be entill,d, during the
a,onth uf November, eighteen hundred aud
sixty -iOur, and annually thereafter, 10 meet and
select, by ballot. one oi its members as a sue
cessor TO the person then, or last representing
il as member Of this corporation, whose annual
term expires next thereafter, ur which may
have expired next before that time, SO that - d
corporation shall lorcvcr consist Of one cOrpO-
Tator from each Of the said masonic bodiesnam d
in the first section Of this act: Prorided, holr:
eceF, 1nat snOulu any " tue HAiu eetcral ua'
sonic bodies named in the first section of this
act surrender or forfeit its masonic charter or
warrant, or from any cause cease to be recog-
uised by the Order Of Free and Accepted Ma
sons, il shall not thereafter b. entitled to aby
rcprcsentatio in said corporation, nor shall the
continued corporate existence aud rights OF this
ass ciatOn be in Auywise Affected thereby, ~
long as there remain five corporators qualified
to act rs such.
Soc 8. Aad Be il further enacted, That any
masonic lodge, chapter, council, commandery,
or cOnsiStory now in existence, or that may
hereafter be Instituted in II D,strict OF colum.
bia, may, by and with the consent Of two thirds
Of tno corporators namsd in the iirst section, or
their successors, be admitted TO a representation
III said corporation upon an equal footing with
the seycra masonic bO lies named in the first
section Of this act.
Sec. 0. And be IL further enacted, That this
act may BE- altered. amended. or repealed, at
pleasure Of the Congress Of the United Stat
Of America.
Approved, April 90, 1864.
A REsoLuTioS relating to the publication Of the
Decisions Of the Supreme Court Of the United
States for December term, eighteen hundred
and siwfr.fhree