Washington standard. [volume] (Olympia, Wash. Territory) 1860-1921, 1867-09-21


-xUs - IN xuzxD -
as Aas - amzur-uznns zhw .Aazmn nnm~xr~-
N@mw - So E-mux xu@ss rAm~~~m -.
-sz.zn.-a 80 - @~naMx~x
a. q z~~ra.s ~ a. $3.50 um- Eu~w
= Asv~-~~~a~aa--~~f - F~~suf ssz~w -
Am~~~4 s~~<~@~ ~~n~6zu<. Y.w
r E@~~s. q a @smmr4. xsna n.
E,~snn. = l. k~w~.- a. n Ca~&x. 2~sL
tt~rA@@. ss~<x y Fs-s~r. a n krw-xnxp
1z-~rs A Ez<@- A r. sA~vArrR. D. ~
<.sz---sG WGszz E4Ezze-n<. a c
Ksrn@rdz. r. A L4.z- l. cSeyAz.<. saS
Sazzszl Nsrz~~s. a. ef 10 Dsx<-ses sf
CoAumbsa and fhr1r sxsscs4srs x1a saccess-
oEs sr- hsr-by errc.cd inso q ho6y co~psw-
a.e in 'oe~d and lax. BY the .sns.
syie and title of the Joiuf Stsek Company
Of the YOang Mems Christian Associative.
fOs the purpose Of erecting suitable build
ing for the meetings of the ss.ocia.ior,;
with hall, free reading rooms. and library
for the employers of the public depart
ments and the citizens Of the District Of
Columbia.
Sec. 9. And be t. fxttAey enacted, That
the said corporation, by the same name
and title, shall have capital stock oftwo
hundred thousand dollars ($2OO, ,OOO) in
shares Of twenty-five dollars ($25) each.
and be able to sue and be sued. plead
and impleaded, in all courts of law, and
elsewhere, and shall be capable and able,
in law and equity, to take, purchase, hold,
and receive to them and their successors,
for the use Of said company, lands, tene-
ments, chooses in action, goods and cEattels
Of whatever kind, nature or quality, real,
personal, or mixed, which now are or
hereafter may become the property Of said
corporation or be held for their use, by
gift grant. bargain, sale, conveyance, de-
wise, bequest, or otherwise from any person
whomsoever capable of making the same
Provided, That the value Of the real and
personal estate held. by this corporation
shall never exceed the said sum Of of two
hundred thousand dollars. The said corr
poration may have common seal, and az
pleasure alter, change, or renew the same,
and in general do all things which
may be necessary for the well-being ami
management of said corporation.
Sec. 3. ,Amd be IL further enacted, That
the corporation hereby erected shall have
power to elect board Of directors and
such officers for its government. the man.
agement of its property, and the superin-
tendence of its affairs, and make such by
laws as they may deem proper, not incon-'.
sistent with the constitution and laws Of
the United States, and 10 change or modi
fy them at pleasure. :.
Sec. 4. Aad be It further enacted. That
the board OF directors shall receive.all rents
and revenue arisings from the building,
and shall from the rents and revenues re-,
ceived by them declare and pay an annual
interest Of not exceeding six per cent upon
the capital stock Of said corporation.
Sec. S. And be il further enacted, That
when the rents and revenues Of the build.
ing shall exceed the amount necessary to
pay the interest upon the capital stock.
the board Of directors shall pay over to the
Young Mems Christian Association the
surplus rents and revenue, which surplus
shall be used BY the association 70 pus-
chase the stock hereby authorised at rates
not exceeding its par value. and f1r no
other purpose. 80.
Sec. 6. Asd be Il further esacted. That
when tho Young Mems Christian AssceiA-
ton shsll have purchased and abeorbsd =
the stock issued BY The j,iat sock ee4-
psny. the beard Of directors ehau tsanssFe
10 the sssocia,ion the real and pesssnal
estate held By il, and al books snd -