The national Republican., 1867-12-21

~ the name and style Of the /" Washinstcn City
Land and Bdildlng Company" and bt tile sante
name shall have perpetual succession, and shall
be able to sue and bc sued may plead and be
imPlesdcd, in all courts Of law and equity In the
District Of Columbia and elsewhere. lid.
The officers OF the said corporation shall be a
president, avicc-presldent, treasurer, and such
purposes thereof and that the arrangement Of
poration shalt be conducted BY or under the al.
seven trustees, who shall constitute board Of
managers. .s. grtt 9ffF
The person. named shah, Immediately after
Bsnirc the said company, by the election Of one
OF their number as president, and one as vice
sons as added to their existing numbers will
make nine, to constitute a board Of managers,
and shall open books OF subscription to the cap.
The capital stock of the Corporation shall not
be less than two hundred thousand dollars, nor
ssrs %SIe ths "a one miIion dollar to be DIVIDED into
stallmcnts, as may be determined by the said
the full payment Of ali sabscriptohs 70 The said
capital stock shall not DO extended beyond ten
years. and provided further, that no dividend
corporation until the capital stock thereof shall
amount to Ave hundred thousand dollars, inciu-
siye Of stock subscriptions and accumulated In
The corporation shall meet In general meet
Ing annually, In the month Of January, and may
pedientJ and that at any such meeting seven
members (the president, vice president, or treas
arer being onel shall constitute quorum for the
meeting the president, treasurer, and Board Of
Managers shall be selected, who shall continue
70 9nee ior one year and until others are chosen
the duties Of their oitice, respectively take an
oath iaithfuliy to discharge such duties, and the
pen atty each of afty thouaan6 JolIars far ti,o
faithful discharge oftne duties Of their Offices.
AS soon as the sum Of t2oo 900 shall be sub
there shall be a GENERAL meeting or the stock
holders called, who shall proceed to organize BY
tion, when duly Organized, may proceed to In
vest its funds, &C., In the purchase OF iands,
houses, lots, leases and real estate generally
Columbia, and shall have power to sell at any
time the lands, houses, lots, leases and real es-
tate 50 purchased, at public or private sale, and
and generally make such disposition Of the same
aud upon such terms and In such manner as II,
th ,he sa,d eo,poraiion may determine Is best for
the interest OF all parties concerned therein; and
In case Of any such sale, lease, mortgage or othe.
transfer OF III" said property as Aforesaid, the
same shall be made by deed or other proper
writing under Its corporate seal, signed by the
president and c9untersisncd by the secretary Of
the Board Of Managers and duly acknowledged
held by the said corporation shall be allowed to
remain unimproyed In the hands OF the company
% ,or more than IN two years; that no frame dwelling.
all dwellings erected by Itshall be provided with
all necessary pipes for water anu gas through
ration shaft not be Authorized to receive, as rent
for any property belonging to II, more than 10
per cent per annum exclusive OF taxes and In
property.
No officer, trustee, or any other person charged
with the duty OF Investing the funds of the said
corporation, shall borrow any portion thereof,
or use the same, except In payment OF the cx-
penses Of the corporation; and II any oficer,
said corporation and inteTested d'f in the % FUNDS @
thereof, shall embezzle or fraudulently convert
the same to his own use, he shall be deemed
thereof by any court competent to try the Of
fence, be Imprisoned in the penitentiary not less
than two nor more than fifteen years.
The corporation shall make an annual report
to Congress of their funds and Investments
which shall specify the following particulars
Of stock subscribed, amount invested; nature OF
investmentj amount of cash on handj total
profits for the year; AL Of which shall be certi-
He'd and sworn to by the treasurer, and five or
more Of the managers shall also certify that the
exhibit SO made Is correct, according to the best
The books OF the said corporation shall at all
times, during the hours OF business, be open
for inspection and examination to the stock
holders.
LIScoLS Co-oPERATivE BUILDING AssoorA-
rIoN.-The first regular monthly meeting Of this
Baptist church, corner Of Fourth and l. streetsj
Hon. s, J. Bowen uhe president in the chair.
Mrs. Josephine Griffin asked for information,
"a ahe did not fully comprehend the working oil
building associations.
Capt, weedham explained the working of CO.
nopnaed them humbugs, and others could not
comprehend their principles. In England where
they had been introduced many years ago, they
sell money TO those who could give the necessary
security, and for others they would build houses
snd give them an opportunity to pay for them In
The shares were $500 each, the initiation fee
50 cents each, and the monthly ins taliments
y. rs per shane Each shareholder Is entitled to
loan OF $500 per share with which to build a
house, and 10 allowed ton years to pay II back In
Rev. J. A. Jones, colored, wished to know
whether the association would extend Its opera
constitution to prohibit IL.
Captain Needham said that |. did not no W.
ever, take IN y the % %sounty.they did not propose
Several hundred persons came forward, sub |
seribed, and paid for shares.
Thes secretssys M Mr d: H. stearP., said that they
1t was disposed of to Judson Smith (colored) |
at a premium Of l07 per cent.
On motion, the association adjourned to meet |
again next Friday evening at Union Wesley |
Chapel, Twenty-hrst street, near the Circle.
-
VIRGINIA NRws.-Roy. George s. Carraway |
IOr many years minister AT Emanuel lEplscOpa) |
church, Hanover county, died suddenly on Mon |
day. His remains will be inferred In Norfolk, |
his native place. Deceased was about nfty-hye |
years Of age.
The Richmond Dispatch says: On Union Hill
the streets have, since they were first opened, |
been known by some letter OF the alphabet. |
Since that populous suburb has been brought |
into the city they have been surveyed and given
" a local habitation," and II seems but meet and |
proper that they should have each ga name.u |
Accordingly, Mr.. Pleasants, the head of the sur
veying party, has given them names, by which
they will no doubt be hereafter known. For
instance NJ street has been named Mason 4"
N "Nelsonj' o "Overton - p "Pendleton p
q "Quarlesn
The congregation of st. Johns German Luth-
eran church, on Fifth street, have elected Rev.
VIM. Ide, OF Baltimore county, Nd, their pastor.
He Is expected here next week, and will oficiate
on Christmas day.
The Petersburg Express, of Thursday, says q
meeting OF the Executive Relief Committee was
held there to adopt some measures to alleviate
the condition Of the suffering poor.
SuBscRTrTioSs IN AID OF THE PRovIDENT So
to the lateness Of the hour at
which the meeting for the relief OF the poor ad-
iourned on Wednesday night, we found II impos-
sible to give full and perfect account OF the pro-
recdngs, and, among other things, omitted to
give the names OF subscribers to the fund In aid
Of the association. By glanoing over the follow
ent at the meeting responded quite literally; A,
SL a,l N n n. |