New Orleans Republican. [volume] (New Orleans, La) 1867-1878, 1870-06-24

LAWS OF THE UNITED STATES.
Passed Mt the Second Session OF the Forty
First Congress.

Passed Mt the Second Session OF the Fort
First Congress.
[PUBLIC-No. GIL
AN ACT to incorporate the Washingto
i Market Company.
Be it enacted by the Senate and Hous
of Representatives of the United States g
America in Congress assembled, Tha
Thomas Berry. D. W. Bliss, Henry I
Cooke, William B. Todd, Peter Gardner
Henry S. Davis, George w. Riggs, Byrol
G. Daniels, M. G. Emery, Frederick P
Stanton, Thomas c. Connolly, S. P. Brown
John S. Croker, Alexander R. Shepherd
William Clark, Hallett Kilbourn, john r
Evans, Is. F. French, C. H. Michner
James L. Barbour, L. T. Mitchell. T. T
Fowler, L. 81. Alexander, j. w. Angus, w
W. Rapley, and Thomas Lewis, their sue
cessors, and each of their assigns, be, and
they are hereby created a body corporate
and polite, by the name and style of the
Washington Market Company, and by that
| name shall have perpetual succession, and
shall be able to sue and be sued, to plead
and be implicated, to defend and be de-
Tended. in all courts of law and equity; and
may make and use common seal, ordain
and establish such bylaws, ordinances
and regulations, not inconsistent with this
act or of the laws of the United States, as
may be necessary and proper for the man
agement of the concerns of said company.
Said company shall have power to issue
and sell bonds, or to borrow money and
execute mortgages and deeds of trust
upon its property and franchise.
Sec. 2. And be it further enacted, That
said company is hereby authorized and
empowered to locate and construct suit.
able building or buildings upon the fol-
lowing described grounds, namely: Com
mencing at the intersection of the centre
line OF B street north, with the west line
OF Seventh street west, running thence
north along the west side of Seventh
street to the southerly side of Pennsylva-
MIA avenue; thence westerly along the
soutberly side of Pennsylvania avenue to
the southerly side of Louisiana avenue;
thence westerly along the southerly side
OF Louisiana avenue to the east side of
Ninth street west; thence along the east
line of Ninth street to the centre line of
3 street; thence along the centre line of
b street to the place Of beginning; and to
use and occupy the same by the erection
of suitable building or buildings for
public market-house, including the neces-
sary stalls and sheds, and also for stores,
public balls, and such other purposes as
may be determined by said Company, not |
inconsistent with its use as public mar
ket. The buildings herein designated to |
be used for the purposes of a market shall |
be used for no other purpose inconsistent
herewith, but the same shall remain
public market as hereinbefore described.
And the said company shall, whenever
my part or parts of said buildings, stalls,
tands, and SO forth, for market purposes
re ready for use or occupancy, offer the
anne for sale at public auction for one or
more years, to the highest bidder or bid
lers, subject to the payment of an annual
ent, the amount of which to be fixed by
be mayor and common council of the city
f Washington and the directors of this in
orporation, and public notice shall be
lven of the day of said sale in two or
lore daily newspapers published in the
lty OF Washington, for two weeks pre- {
lous to said sale, and by handbills to be
osted up in said market grounds. ten
avs previous thereto, and all subsequent
lies and leases thereof shall be made on
mllar notice and in the same manner:
I'd the said company shall have fall
over to assess and collect rents for the 4
SO of said buildings, stands, stalls, and q
rounds aforesaid. The stalls, stands. and ?
rlvileges of all kinds in said mar 8
1t to be used for market purposes. d
hen offered at public sale, shall o
9 let to the highest bidder and there p
lall be no bidding on the part of said a
mpany, directly or indirectly; but said a
mpany with the consent of the Mayor p
I'd Aldermen of the city of Washington b
ay tx q minimum rate.of bids at such G.
lie, and the person who shall offer the 81
CHEST price at or beyond such minimum p
any such stand, stall, or privilege shall CT
entitled to the occupation thereof, and v:
all be considered as having the good CT
Ii and the right to retain the possession III
sreof so long as he chooses to occupy II
3 same for his own business and pay the to
ut therefor: and the rent shall only be m
sed on application to the Mayor and IN
mmon Council, who, after hearing the NJ
rites, may change and determine the oil
ne; provided, however, that such right pc
the possession of such stands or stalls IN
y be sold and transferred by such pur- &c
ser under regulations to be fixed by sa
bylaws of said company, and in the &C
Q of the death of any such purchaser
ing the existence of his lease, it shall IN
of as other personal property, ire
the municipal government of said city Pc
III at all times have power to make and tlo
,rce such regulations with regard to an
markets and the management thereof 1oi
in their judgment the convenience. sta
lth and safety of the community may gu
lire. tw
&c. 3. And be it further enacted, That the
capital stock of said company shall COZ
me million of dollars, and shall con- afo
of twenty thousand shares of fifty TO-
ars Teach. The stock may be SUBJ SAL
bed for upon the books of the company, shf
ID shall be open at the Department of or
Interior, in the city of Washington, on COZ
second Monday following the final COZ
age OF this act, at twelve o'clock noon; COL
books to be kept open until the whole gra
unit of said stock shall be subscribed, ano
much thereof, not less than fifty per gra
am OF the whole amount, as majority S
i'd corporators shall deem sufficient Ths
thorize the said company to commence this
(. A cash payment of ten per cent for
shall be paid at the time of subscrip- 500
to said stock to the person or persons abu
orized to receive the same by the said upo
orators. After the books, as afore- by
) shall have been kept open for the to
OF two days, if a larger amount than At
capital stock of said company shall veal
been subscribed, the books shall be ton
ID, and the said corporators shall reve
with apportiou said capital stock gres
aS tne SUBSCRIBERS in such manner Occu