The national Republican. [volume] (Washington City [D.C.]) 1866-1870, 1868-02-11

N n
fojiowing extrsots rom The cons{itution Of Inc
aboys named assoc, atom ~ 800 " Wv
ms oses. q III. q 4: ~ cooper =:
n, hnn.s.,,s. .nS n miiies Nv n,nyiS,ns n,nSs
for me n ahs az s.tsts SY me
her, snd ror nsking ,%,p,onnemspts thereon;
and XII pcrsons can place sn,sli sums OF money
ismgo,sfiiy, ana receive a iair rate Of Interest
Z XII members m,,st boid In ,be,r own r,vbt on.
mr. more sbayes Of stock and " in GOOD standinS
t ~ ~ oharc ~ ~ nroe ny NJ ~
lion, Of tbe sane Wbether fhev have ieeeivcd
loans from IL funds or not. nv "A''
,,d rsgIlat monthly nsetngs q w sne ssoSn
eveniny ~ saoS mnnt 'n '"e 'ee'"a " e'"e''"'
Females gliding stock 10; Ia this association may
vote thereon oy pfoay IN WT,'nE, m hei ever
ses .ame S,ehts az wnt,ny ,sorsnn a. nhs,
m eTbe perspnn,y pfesent ,u,. 40,
excecd four thousand shares OF 600 each. The
uoV a. ni roshn s u .os 'our
.nnna hies,,ea ne "no'o OF are
h, er.nn, @ mi.
assocation msn pay an initiatien ice Of y, anu
cee5inr efir, b,,t NJ m.snbor shaii hsvc morc
tSen one xots for .ny .toeh hed IN NJ. own rrbt'
.an vuu 49, ~. nny ~ ~. " - y ~ .bmg
nv nnrchasa - srapsscp ~ nrc tsan Stty s,ares ~
tSep stoch If th,s sssoc,,t,on my
~ rna every re- each and every
,, y, ~ ny y, ~ Z, y, ~, IN ~
5a pay w III u -. ev ., VI vi. w Iu'onu
sons sa5seribinT FOR sSsres nfter one or more
mainly mo, in.tsimen hsye been Is,a on stock
10 a,tc m subseriptlop ny '"' '"SN
,iE.sh "a nsnrg stn.Lh oi,.r 49, ,,.,.... ~
go, aoh anu W. ~ etn, VII ~ ".
~ W Py an MY nun, ans'haS .ha,I ~ n.ns
ene Of Ten cents on each md eyery share Ter
LOT escn nnd a mo S.i tney shs ,, re
nnv money received from suoh member in arrears.
snd then AL Sr,e AZ On such In
paying up his srrearsges may have his fines on
The same remitted, upon his paying up his install.
in arrears, ! '""""' - nv WIS
nxny stockbo,aer failing IN nav bis instalments
gu nv .Ss rss eha tss end ntspn o OF
ne rssoeintion. and ,,pon anpiication tberefor.
shall nave refunded. Without Interest thereon,
az accpuea t,pes ID Ne aeaueted tScpesrom
aEer nevjectinv or refisine 10 refund any pre
MUM paid ~ t6e s;.oeiation p, sn in.afsnoe
Ing s6sil nav \ fine of Ave cents an every doiinr
~ sIemsining appnid, al ne next monthly meetl
US. and also for each monthly neglect there
81 E
Xxi. sssocfstion' ~ whom ali hands. mortrayes
deeds Of trusts, and other securities shall Sc es
eeu a On property p'eoscu Us security io' ioahs
m ,tTho ,o.rd .,.u .rno,n, n, .,,o,,,, v,o..
dutv n sbaii he 10 exnminc All titlc dseds and
MAJ the necessary searches for aseertainina The
Ia 10 all nArNx faTa al tx IN In
ss.ncistion anJ rnrni ~ c.o,v aha}rscts ~
Inc same.
Inc oosa o. aireetors may .ske, az security
sooa real estate. unon tbe fsyorabie renort ~
~ sttornev ~ ths .ssnc,atton ma tbe vain .tion
con- a, Vut ~ ~ s suvn esons sh y,
.S.ij peyronu,raa ' b"'' '"N. P'"PS
"WSepeyer he fund, Of the association shall
.,r.nt n. 90 ~ mnsa io.n. shsIi ~ Si.nn.ad
whsa nv y, ouS " hvv ao " p.
n. W w the hIghcst hiae, ~ nrc,mium ~ nnt
le.s than thirty per Gent, which loan Or Loans,
w ,he pchnsnn s w tha a.e naoe az ant
tSerenI nnr annnm' naS.bie monthiv Stpcts
mcnts an H ISS.pps and ,psmimms nr nn subscrin.
Ham, in aSyance and mali he rrcditeg with
snnnm for tbe fine ny nsiS in Alliance ~.
mWhsn Lam. cannot ala ~ Snr = nremipm of
sr cnn ho " ~ rn s o.
70 redeem stock ana ", thess are mo
W stacE NV shsi drau hv ID f,nm the npmes
Of Of such stoeRhoiSe,s as have not purchased a
na On hsnyy viii r.dnnm and thc nerson nv
persons 40 dcsixnnted NAV, al his or their OPTION
fsecive loan 4 Thirty PEI sent; Premium e ths
scersaS n,oat. thereon and nav nail .urrender
tSeir stacI csrtiscets, and aiyiacnd serin fer
esneeilat,on .,.u N. s,,,,sa N ,,r
chase from tbe funds ~ the as.ociatlon a loan Of
900 5000 on each share Of stock held By him or her,
WI. .eeeo ,on , " nsn wv thar .tnnr
Siss AZ ~ s az ,ns.i,nS ioany .SnnIa Sa.Is.
noe a. thst h,mn 'e'eu 'o""' '"ou'' "o'"'
aEverw stocpbo,,Icr rcccivinu n Io,n from this
.s.ari,tIon shall rontinuc 10 Sav re~uiarlv the
monthly instalments on the stock on which said
naid an said stocE with Inc unnaid diyidend scrIn
thereon viii cancel The unnaId inataImenfs onn
aid loan and premium, when such stockhoider
h ali bay, The nntinn nI hayIns sneb stnnI and
sntI n,uceied pnS ,S S ts eSs sn% othcr
scs,p,r,tias ret,irneJ az n.ia and sati.Ged ar of
co,iinuiny nm reyuIar psvments on eaid stock
and IN the loan made thetcon until aid loan n
ren.jS and retain his memhersbin stock and in
terest In The essociation ''' ''''N' ""N 80
ecute tothe Trustees authorized TO receive the
ssme such bo,nis fr"st SceSs' Wortgaaes. np
other sesrrities as the hoard of dircators shall
nreseribe 10 secnre thu renavment on sucb loan
End Tho nreminm thereon and ali subserintinna
Maid in an the shares a? stoek on which sueh
loan was made. shall he held nv the assoeiation
a. ooiiaforaI scrurItv thcrcfor subiect IN tbe
ontion nrovideI in section 1 of this ngticle '"'
'nhnv sfocLboiIer failinv 10 MAKE the INV.
ments on sny loan and the nremium thereon,
ahaii nav H,s NJ nve nor sent ncr meath nn
msin mnnaiS and rnon ~ nseiect or faifnta 10
nav snch inst imcnta fnr siN .ncressive mnntbs
thSs hnnrt 81 a,roctors MAJ comneI n.ymcnt hy,
ardo.,nn neaoanS,n1s far X nmrnppaSy az ths
oaoorit pton an.ss,aius ~ ia pu'Po'e y" '"'
Z Anv staskSoiScr not issdebted 10 tbla as,ocia.
,,on ~ scconnt os la ~. rena,soa NJ ,vitbSra1y
,hara NJ bu n NJ na.,thirtw W. natloo
~ ~ NJ ~ ~ as. o. ~ NY ,naA,i 20
witbdrnx svpd Al the avn rstion ~ satd tbirty
,,y no .sh ~ he he ou N ~ I yh.nrtntton
suWs paiu ~ " nun W VT s,tyeih, spupe,iP,,vh,