New Orleans Republican. [volume] (New Orleans, La) 1867-1878, 1870-06-21

- MN ORLEANS !
49, -
. r T "A L.
N Alalll2 &C y
LAWS OF THE UNITED. STATES.
.078I Is
Passed 1T the second ssssisn ofthe Forty
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IPUBLIc-No. e.
/ AN ACT to incorporate the Washington
''.'st : Market Company. Asl'-.re
Be it enacted by the Senate aud House
OF Representatives OF the. United States Of
America in Congress assembled, That
/ Thomas Berry. D.. W. Bliss, Henry D.
Cooke, William B. Todd, Peter Gardner,
Henry s. Davis, George w. Riggs, Byron
q. Daniels, NJ G. Emery, Frederick P.
Stanton, Thomas C.. Connolly, s. P. Brown
John s. Crocker. Alexander R. Shepherd,
William Clark, Hallett Kilbourn, John r.
Evans, 3. F. French, G. II. Michner
James L. Barbour, L T. Mitchell. T. T
Fowler, T. 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 o body corporate
and polite, by the name and style of the
Washington Market Company and by thai
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 coufts 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 snd deeds of trust
upon it, property snd,ffsnchise. 1s5er {
iESec. Q. 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
menoing ct the intersection ofsthe 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
southerly 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
B 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 q
public market-house, including the neces-
sary stalls and sheds, and also for stores,
1 public balls, and such other purposes as
|. may be determined by said company, not
|, inconsistent with its use - public mar
ket. The buildings herein designated to
be used for the purposes Of market shall
be used for no other purpose inconsistent
Herewith, but the same shall remain D
public market as hereinbefore described.
And the said company shall, whenever
sny part or parts of said buildings, stalls,
stands, and SO forth, for market purposes
are. ready for use or occupancy, offer the
same for sale at public auction for one or
more years, to the highest bidder or bid
ders, subject to the payment Of an annual
rent, the amount Of which to be fixed by
the mayor and common council of the city
of Washington and the directors of this in
corporation, and public notice shall be
given of the day Of said sale in two or
more daily newspapers published in the
city of Washington, for two weeks pre-.
vious to said sale, and b. handbills to be
posted up in said market grounds, ten
days previous thereto, and all subsequent
sales and leases thereof shall be made on
similar notice and in the same manner;
and the said company shall have fall
power to assess and collect rents for the
use of said buildings, stands, stalls, and
grounds aforesaid! The stalls, stands, and
privileges of all kinds in said mar
ket to be used for market purposes,
when offered at public sale, shall
be let to the highest bidder, and there
shall be no bidding on tie part Of said
com pany, directly or indirectly; but said
company with the consent Of the Mayor
and Aldermen of the city of Washington
may fA minimum rate Of bids at such
sale, and the person who shall offer the
highest price at or beyond such minimum
for any such stand, stall, or privilege shall
be entitled to the occupati on thereof, and
shall be considered as having the good
will end the right to retain the possession
thereof SO long as he chooses to occupy
the same for his own business and pay the
rent therefor: and the rent shall only be
raised on application to the Mayor and
Common Council, who, after hearing the
parties, may change and determine the
same; provided, however, that such right
to the possession Of such stands or stalls
may be sold and transferred by such pur-
chaser under regulations to be fixed by
the bylaws of said company, and in the
case Of the death Of any such purchaser
during the existence of his lease, it shall
be disposed of as other personal property,
and the municipal government of said city
shall at all times have power to make and
enforce such regulations with regard to
said markets and the management thereof
as in their Judgment the convenience,
health andssafety Of the community may
require.
Sec. 3. And be it further enacted, That
the capital stock of said company shall
be one million Of dollars, and shall con.
sist of twenty thousand shares of fifty
dollars Teach. The stock may be sub
scribed for upon the books of the company,
which shall be open at the Department of
the Interior, in the city of Washington, on
the second Monday following the final
passage of this act, at twelve o'clock noon;
said books to be kept open until the whole
amount of said stock shall be subscribed,
or 80 much thereof, not less than fifty per
centum of the whole amount, as q majority
Of said corporators shall deem sufficient
TO authorize the said company to commence
work. A cash payment Of ten per cent