The Kenosha telegraph. [volume] (Kenosha, Wis.) 1860-1888, 1866-06-21
[PUBLIo-No. 571 .7.-. II .fr-
AN ACT to incrsgorate the Academy of Music of

GPUBLIo-No 571 -.-.-N .tr-
AN ACT to Incorporate the Academy of Mnsic of
~ Washington City.
Be itenacted by the Senate and House of Represen
tatves of the United States of America in Congress
assembled, That Max Strakosch, William G. Pope
Max Maretzek, w. G. Metzerott Joseph j Nav
f. sherwood, John G. Clark Henry c. Sherman
Carl Bergman, and 4. c. Adams, or any five ofthem
be, and they hereby, authorized and empowered
to receive subscriptions to the capital stock Of com
pany to be denominated The Academy of Music Of
Washington, ID. c. who shall open book for that
pose in the city of Washington at the time and place
to be by them designated of which they shall give five
days notice IN two or more of the dali papers of said
city, and shall keep the open until ten thousand
shares offty dollars each shall have been subscribed
and any person OF lawful age and citizen of the Uni.
led states, shall be permitted to subscribe upon pay
ing five dollars each share the time of sbscrib-
ing And it shall be lawful for the said corporation
to have common seal, sue and be sued plead and be
implicated, and have and exercise all the rights priv
eges, and 1mmun1tes for the purpose of the corpo-
ration hereby created.
Sec. 2. Atsd be t1rter emacted That the affairs of
the company shall be managed by nine directors to
be elected annually by ballot on the first Monday of
october, by the stockholders by their legally en-
powered agents. and each share of stock shall entite
the holder thereof to vote the election to be held
the office of the comauy at general meeting of fha
stockholders convened for thar purpose by ten days
public notice in more OF the daiIypapers The
city of Washington: PrOUidsd That the first election
for directors shall be held pursuant to ten days no.
ce given IN one or more papers OF the city of Wash
ngton by the persons named in the first section of
this act any five of them who shall DESIGNATE the
time when and the place where said election shall be
heidi and the stockholders shall then and there elect
nine directors to serve until the election
provided for in this And at the first eneuino
meeting ofthe directors after every election thew shall
appoint of their number as president who to
gether with themselves, shall hold office until the
next ensuing election herein provided for and five
members OF said board shall compose quorum. and
In case that an election for directors should not be
made when, pursuant to this act it should have been
made, the company for that cause shall not be dis
solved, and 1t shall be lawful within forty days there
AFTER to hold and make an election for directors in
such manner as the bylaws OF the company NAV pre-
scribe and the president and directors for the time
being shall be continued in office until su CHI election
take place. And in the event of death or resignation
removal from office his place for the remainder of
bis term may be filled by the president and directors
Ior the time oelng IN such manner as the laws may
prescribe.
Sec. g. Aad be 1t further enacted, That the presi
dent and directors shall have power appoint sec
rotary and such other officers agents and clerks as
may TO them appear proper, to fix their Compensation
and pay the same.
Sec. L. And be it, further enacted That the capital
shall be called IN and paid in such instruments and
proportions and such times and places as the pres
ldent and directors for the time being may require
and designate, who shall give fifteen days notice
thereof in two or more daily papers Of the city of
Washington. And il any stockholders subscribers
their assgnees or tTansferees shall refuse or neglect
to pay such proportions or instruments at the time
and place appointed, such stockholders. subscriber
transferee assignee shall at the option of the pres
ldent and directors forfeit to the of the COMPANY
all his her, or their right title and interest in and to
every share on which such nstalment has not been
duly paid and fresh subscriptions may be opened for
the same, IN such manner as the bylaws NAV pre-
scribe the president and directors may at their
ton commence suit for the and proceed against
the holder of said stock for the amount of the install
ment or proportion so unpaid: Provided, Thatgno |
stakeholder or subscriber shall be permitted to vote
at any election for directors at any general or spe
clal meeting OF the company, whose shares any
stalments or arrearages may be due more than fifteen
days previuos thereto. tsst@ <@N4 RI
Sec 5. Ind be IT. further enacted That the presi-
dent and dire ctors for the time being shall have l
power to ordain establish and put in execution such
rules, regulations, ordinances and bylaws as they
may deem essential for the well govrument of the in
sututon, not contrary to theiaws and constitution
OF the United States Of this act and generally TO
f TO c s@q perform all and things necessary
SEC 6. A5ad be 1t Jtsrtaer en0cted Thar the ,es;
dent and directors are hereby empowered and fully
authorized, on behalf Of the pany, to purchase