Evening star. [volume] (Washington, D.C.) 1854-1972, 1868-07-30
q n FIG a l. .
FL Y n NJ
LAWS or fHR UNIfED STATES,
Passed st Second Session Of foraeth Congress.

IPUBLIc-No. Cd
AN ACT 70 Incorporate the National Hotel
company, OF Washington CITY.
Be II enaOtod b. ihS Sensf( aai HSsss az Rep-s-
nn,aaces q ae Insted SsateE II A@ersea a co.-
VS. ws;s 10000 Thai GeSrss H calvert 3. c.
lIsh. George II. Calvert. ar ana Cenrlex a
Calvert their associates, sucoeSsors. and As
signs, are hereby created a body cSrpora;e and
pS,lre 70 oy s ,ne name Sr me Nauool Hotel Com
Of Columbia, and by that name they are mxae
capable OF taking. holding, man aging improy-
ms, purchasing, leasing. Cor the sole purposs
Of erecting and MAINTAINING a hotel - sfor.-
ssId, resi- and personal estate within said cIty
OF Washio gton, not exceeding i've hundred
thousand dollars IN vslue; said CORPORATION 10
have common seal, ald the same nav break
alter, and renew At pleasure: may prosecute
ard defend suits before all proper courts ana
tribunals; may make aud ordain bylaws Tor
the government Of said corporation. aud nav
have and enjoy sill of those privileges and oe
subjecI 70 slI OF the liabilities which corpora
lions for the holding. management, aud in
provement Of real estate in the city OF WASH
lngton, 90 the United Stats, usually enjoy or
are mace subject 20.
SEC. 2 Ard D. u frrster ezac,,d Trhatl the
capital stock q the said com pSny shall no, be
less than two hundred and twentv-seven thou-
sand dollars, be divided into shares OF i've
hundred dollars each, snd shall he deemed per-
sonai estate, and b. transferable upon the books
OF the said corporation.
SEC. }. And BE- ~ fsrth>y enacssL Trha'l the
a president ayd treasurer, with a board OF Ia
rectors, OF whom the president ana treasurer
may b. members. but the NUMBER of the direct
ors may he fixed by the shareholders in the by-
laws of the corporation The president shall
preside AT the meetings " the corporation. sigu
certificS'cs of the stock issued % stocFholders.
and shall baye n general oversight over the
business and affairs OF the corporation: The
treasurer shall safely keep aud dssburse al of
the moneys Of the corporation under the dirac-
tion Of the board OF directors: the directors shall
manage and control the property OF the cOrpo-
ration, and make contracts In relation thereto:
the treasurer, or other officer appointed BY the
bylaws. shall keep the records OF the tralssc-
tons OF the corporation, and shall countersIgn
the certificates Of stock issued 10 the stockhoId-
ers.
SEC. Z. AndBe II further Enacted. Trha,I all the
officers Of the sand corporation shSll hold their
offices for one year. aud until their successors
are elected aud qualified 90 act, unless they
shall be sooner removed by the directors The
first meeting OF the corporation NAV b called
by any person ramed herein by giving pre-.
vIous notice of not less than i've days. % all
the other persons herein named. Of the time ana
place OF such mee'ing. The annual meetings
hereafter shall be called by the treasurer or
other officer designated nv the board. ana be
held in the CITY of Washington. Al the National
Hotel building, on the first Wednesday in jan
usry in each year, notice Of which stall oe
sent TO the post Office address OF each stock
holder for ten days before the time for the
holding OF such meeting; and special meetings
OF the corporation may he called in the msun.r
and time 20 be prescribed by the stockholders
ssEc 5. And be IL further enacted That each
stakeholder shall be indi vidually Iisble for the
uebts Of the corrOlsstion 20 the amount Of stock
held by each respectively; and Con gress hereby
reserves the right 10 amend, alter, or repeal
this charter AZ pleasure.
Approved, July 10. t-Ss