The weekly clarion. [volume] (Jackson, Miss.) 1863-1882, 1867-02-14


snn6scfibine. And il shall be lawful for the said
sved Mead and be implicated, and have and cxer-
else an the rights, privileges and lmmunities for
the purpose OF the corporation hereby created. :,
Sec g. And be It further enacted, That the a.
fairs Of the company shall be managed by nine di.
rectors to be elected annually by ballot on the sec
their esally empowered agents and each share Of
stock shall entitle the holder thereof TO one vote
the election to be held q. the ONCE Of the company
at q general meeting of the Stockholders convened
for that purpose, BY ten days public notice in two
on moro of the daily papers of the city OF Washing
ton BY the persons nasa IN sho ahsI, des0nata
the time when and the place where said election
shall be held and the stockholders shall then aud
there elect nine directors to servo until the next
ensuing election and until their successors shall be
duly elected and qualified as provided for in this
act. And at the first ensuing meeting OF the di-
reetors after every election they aha appoint one
of their number as president, VINO snail hold ONCE
until the eection and qualification OF his successor
And five members OF SAID BOARD sna cS a d 80
tors should not be made when pursuant 70 this act
it should have been made the company Tor that
within forty DAYS thereafter to hold and make an
election for directors in such manner as the by laws
of the company may prescribe, ana Inc p res:idenS
in Office until such ection take place. And in the
event of the DEATH resignation, or removal OF any
director from Office his place for the remainder OF
his term may be fl ed by the president and direc-
tors for the time being in such manner as the py-
laws may pres ribe. .,
sident and directors shall have power to appoint
secretary and such other officers agents and clerks
as may to them appear proper, to fix their compen
Sec. T. And be it further enacted, That the capt.
tai stock shall be called in and paid in such install
ments and proportions, and at such times ana
places as the president and directors, for the time
being, may require and designate. And If any
sa refuse OF neect to ay such proportion
or instalment OF the time and place appointed such
stakeholder subscriber transferee or assignee shall
at the option of the president and directors forfeit
| to the use of the company all his her, or their
right title, and interest in and to every share ON
and fresh SUBSCRIPTIONS may be opened for the said
shares in such manner the bylaws maytprescT1be
1ne n ana that Be dne
and unpaid, and recover against the holder OF SAID
| stock for the amount of the same; Provided That
vote at any election for directors or at any general
or special meeting of the company, on whose SHARES
any instruments OF arrearages may be Que more
| than fifteen days previous thereto.
| Sec, s. And be it further enacted That the
president and directors for the time being shall
have power 10 OrdaiD, establish, and put In eXeeu
ton such rules regulations, ordinances and by
laws they NAV deem essential for the well-goy
eminent of the institution not contrary to the laws
snd Constitution of the United States or Of any
State, or of this act, and generally to do and per-
form all acts, matters, and things which corpora
ton may or can lawfully do
Sec. 6. And be it further enacted That the pre-
| sident and directors hereby empowered and
fully authorized on behalf OF Sald company, 10 car
ry on the business of mining for iron and other
| native minerals and manufacturing and preparing
| the same for market and to purchase and hold by
deed for term in fee simple such real estate and
other property within the District of Columbia and
State of Virginia may be necessary and proper
for the purposes aforesaid; and to issue bonds not
exceeding one-half of the capital stock, upon such
terms may be deemed for the best interests OF the
| company Provided, That no bond shall be issued
for less sum than one hundred dollars or bearing
interest at rate exceeding six per centum per an
mum.
Sec T. And be 1t further enacted, That the
president and directors are hereby empowered ant
| fully authorized, on behalf of said company, Z
lease demise bargain, sell, and convey any land
and real estate which may be owned or held by sale
| company and to execute and deliver to purchasers
good and sufficient deeds therefor.
| Sec 8. And be it further enacted That the stool
of said company shall be transferred on the books
of the company in such manner only as the Dy Law
of the company shall direct.
ing in this act shall be so construed as making i
| perpetual, but Congress may at any time alter
amend or repeal the same.
Approved, July %, 1866.
CHAP. CCXXXvL-An Act authorizing the Con
struction of Jail in and for the District OF Co
BE it enacted by the Senate and House of Repre-
sentatives OF the United States of America in Con
gress assembled That the Secretary OF the Interior
| be- and is hereby, authorized to select suitable
| the government in the city Of Washington, in the
upon such plan as he may select Jail of sufficient
canacity to provide for not less than three hundred
forth the entire cost Of which shall not exceed the
sum of two hundred thousand dollars
| Sec 9. And be it further enacted, That as soor
as sad SITE and the plan of Jail shall be SO selec
ted and agreed upon, the said Secretary of the In
terror shall employ architect and have prepared
thereof, with complete specifications Of the worl
| required and the materials to be used, and snail
publish notice of public letting OF the contract fo
the building Of the same at least thirty days befor
the letting in the principal newspapers IN New
| York CITY, Boston, Philadelphia. Cincinnati, Balti
more and Washington which notice shall a direct rect
time at which the contract is to be let and the SAT-
Secretary shall let said contract to the lowest re
enter into sufficient bond for the faithful compile
ton of the said contract to the approval OF he Sec
Sec 3. And be it further enacted, That the sal
Secretary shall pay to the contractor or contractor
instruments sn the contract price as the work pre-
crosses, to be certified to by the architect hay,n
the direction thereof but twenty per centrum OF tn
estimates shall be retained until the completion
the contract
Sec. 4. And be it further enacted That there be
and is hereby, appointed, appropriated for tn
purposes aforesaid out of any money in the treasu
| ry not otherwise appropriated the sum OF two nun
bred thousand dollars. to be drawn on the order 0
said Secretary of the Interior g.,
Sec. $, And be it further enacted That the seere
tary of the Interior be, and is hereby authorized
terials of the old jail now located in Judiciar
saaare a Of the hns Rnited States
Sec 6. And be it further enacted That for tn
| purpose of rembursing the United States for par
of the cost of said jail it shall be the duty OF tn
proper authorities Of the city of Washington, ant
they are hereby required TO raise by tax or other
WISE and pay into the treasury Of the treasury Q
the United States at before the time of the com
| pietion of said Jail, the sum of seventy thousan
dollars And it shall be the like duty OF the prope
authorities of the city of Georgetown, and they ar
hereby required to raise, by tax or otherwise, an
| pay into the treasury of the United Statas, at
before the completion of said JAIL the sum OF tweDS
&houSand d0llara. And 1t shall be the ike duty
the proper authorities of the county of Washing
ton or said District and they are hereby required
to raise by tax or otherwise and pay into the treas
| ury of the United States at or before the perio
aforesaid, the sum of ten thousand dollars, whic
said several sums shall be deemed the fair proper
ton of the cost of said Jail of each of said cities
said county of Washington; and the said cities an
county authorities, respectively are hereby autol
lied and required to assess and levy upon the taxa
bic property of said cities and said county of Wash
ington tax sufficient to raise the amount SO b.
each city and said county required to be paid a
aforesaid.
Sec. T. And be it further enacted, That upon th
, default of payment of the sums aforesaid into til
! treasury of the United States at the time befor
stated made by either of said cities or BY said eour
ty of Washington, the said Secretary OF the Int
rior shall appoint collector for any such deilT
auent city or county as shall have failed to max
it's payments as aforesaid and it shall be the dut
of said collector to proceed with the collection
, the taxes as assessed, in such manner and form
shall be prescribed by the secretary of the 1ntcro,
or If eit6erof SAID cities or said county of Wasf
inpton shall neglect fail refuse to assess sue
tax the Secretary of the Interior is hereby autho
lied and empowered to make such levy and procet
, / to its collection as aforesaid.
Approved July rs, 1866.
, to the Levy: Court of the County of Washingto
in the District of Columbia.