St. Johnsbury Caledonian. [volume] (St. Johnsbury, Vt.) 1867-1919, 1868-12-25

CTeOTge ii. avert. IL. l. elgntUlall,
James {. Mcclure, Zeph English,
George ii. Calvert, .r., and Charles Il. !
{ tlvcrt, their associates, successors, and ;
as,igus, arc hereby created a body cor
pprate aud polite 10y the name of the
E,.tional Hotel Company, in the city OF
Washington, in tie District of Columbia,
and by that name they are made capable
OF taking. holding, managing, improving,
purchasing, leasing. for the sole purpose
OF erecting and maintaining a hotel as
aforesaid, real and personal estate within
SAID city OF Washington, not exceeding
five hundred thousand dollars in value
said corporation TO have common seal.
and the same may break, alter, and re-
new at pleasure; may prosecute and de-
lend suits betore all proper courts and
tribunals may make and ordain by
laws for the government of SAID corpora
upn, and may have and ENJOY all of those
privileges and he subject to all of the H.
abilities " hich CORPORATIONS for the hold
M, management, and improvement OF
real estate in the city of Washington. in
the Cmltcd States, usually enjoy or are
made subject to.
SIC. ,. And be it further enacted.
That the capital stock Of the said com
lamy shall lot be less than two hundred
and twcnty-Scycn thousand dollars. be
di, ided mo shares of five hundred dol
las each, and snail be deemed personal
estate, and Ice transferable upon the books
OF the said corporation.
SIC. ). And be it further enacted.
.Iiat the officers of the SAID corporation
hall consist OF Il president and treasurer.
with hoard OF directors, of whom the
president and treasurer may lie members.
,ut the number Of the directors may be
liked 10y the shareholders in the hv-law>
IF the corporation. The president Shall
preside ut Tie meetings OF the corpora
tlun, sign certificates OF tie stock issued
10 stockholders, and shall have a general
oversight oHcr the bu,imr>> and affairs OF
ihe corporation ; the t."i-urcr shall safe
y keep and di>bursc all ot the moneys Ct
.hc .Uipor.uInn under the direction OF
lie beard ot directors the directors
hall mauage and control the property OF
he corporation. and max. contract, IN
lciaiion thereto: tie treasurer. or other
it'cr appointed 10y the by-l;,ws, snail
httP HE records o. the TRANS tcilJnS o.
iA' c"rp"r'I"n. and shall ceuntcr~i4n
the certificates Of stock Is,lied to tie sock
I.-!cr~.
Sc. And be Ii further enacted. .
ha' all the officers OF the said corpo-
idlo's shall bold their Offices tor on
ar. and until their successors are elect
ci and qua tied 10 act. unless they shall
b. sooner removed by the directors. Tie
Inst meeting OF the corporation may be
'.I.'u 10y any person named herein 10y
INH previous notice OF not le>7 than
i.'e days TO al In" other person, herein
i'm'd' OF the time and place OF such
iA.'l'hg- ihe annual meeting hereafter
IAN DE called 10y the treasurer or other
,,er designated 10y the board, amt be
" "a ID 'ht cry Oh washington, at the
.>."i"hai Hotel building. on the inst
'""'sd"y IL January III each year
"."'ce 81 winch oiiaii he Sent 10 'he posi-
,..'' "''''eS9 vi each S'ochho,uer iof ten
"''"'' '"' '''ii' ''' 't'e i'lr'ii@ "i
su'h meeting anu special meetings OF
the corporation may DE called III the
manner an" ''ii'e 10 Oe Presc4'oed oy Tie
s'ocAh'iders'
SIC D. And he 1t Iufther enacted,
I't 'acA S'''thoiItr SHALL be mdi''dn-
".ly liable Tor the debts OF the corpora
ton 10 the amount OF stock held by each
ic>lccu\'Iy and congress hereby re-
serves the right 10 amend, alter, or re-
peal tins charter at pleasure.