New Orleans Republican. [volume] (New Orleans, La) 1867-1878, 1870-06-17
LAWS OF THE UNITED STATES.


LAWS OF THE UNITED STATES
PasseA ~ she second ssssisn OF she Fsrt
First Congress. :. -
[PuBL1c-No. GIL 'A
AN ACT to incorporate the Washington
Market Company. A
Be 1t enacted by the. Senate aud Hous
of Representatives of the United States o
America in Congress assembled, Tha
Thomas Berry. D. W. Bliss, Henry D
Cooke, William 3. Todd. Peter Gardner
Henry S. Davis, George w: Riggs, Byron
G. Daniels. N. G. Emery, Frederick,P
Stanton, Thomas G. Connolly, s.. P. Brown
John S. Croker. Alexander r. Shepherd
William Naxk, Hsllett Kilbourn, John r
Elvans, B. F. French, C. H. Michner
James u. Barbour, 1T. Mitchell TT
Fowler, T. H. Alexander, j. W. Angus, w
w. Rapley, and Thomas Lewis, their sue
cessors, and each of their assigns, be, and
they are hereby created body corporate
and polite, by the name and style of the
Washington Market Company, and by tina,
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 a 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 bopds, or to borrow money and
execute mortgages and deeds of trust
upon its property and franchise. ,los 'asrs
Sec. 2. And be it further enacted, That
said company is hereby authorized and
empowered to locate and construct o suit-
able building or buildings upon the fol-
lowing described grounds, namely: Com
mencing at the intersection of the centre
line of B stxeet 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-
.nis- avenue;- thence westerly along the
southerly side of Pennsylvania avenue to
the southerly aide of Louisiana aveuue;
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,
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 market shall
be used for no other purpose Inconsistent
Herewith, hut the same shall remain o
public market e hereinbefore described.
And the said company shall, whenever
any 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
aers, subject TO the payment of an annual
emit, the amount Of which to be fixed by
he mayor and common council of the city
If Washington and the directors of thiG in
and public notice shall be ,
,iven Of the day of said sale in two or
more daily newspapers published in the
lty OF Washington, for two weeks pre-
ious to said sale, and by handbills to be
,osted up In said market grounds, ten
Iays previous thereto, and ali subsequent | 4
ales and leases thereof shall be made on +
lmilar notice and in the same manner: i
nd the said company shall have fall \
over to assess and collect rents for the q
Sc OF said buildings, stands, stalls, and n
rounds aforesaid. The stalls, stands, and s
rivileges Of all kinds in said mar d
1t TO be used for market purposes, o
hen offered at public sale, shall o
e let to the highest bidder, and there a,
1all be no bidding On tie part of said q,
,mpany, directly or Indirectly; but said %
,mpany with the consent Of the Mayor s,
I'd Aldermen of the city Of Washington ct
az III Q minimum rate of bids at such &c
lie, and the person who shall offer the pt
CHEST price at or beyond such minimum eli
rany such stand, stall, or privilegeuhall va
entitled to the occupation thereof and eli
lall be considered as having the good 6u
III aud the right to retain the possession | th
ereof so long as be chooses to OCCUPY to
9 same for his own business and pay the M
MT therefor: and the rent shall only be in
ised on application to the Mayor and ne
'mmon Council, who, after hearing the hi
rites, may change and determine the ne
me; provided, however, that such right In
the possession Of such stands or stalls 90
~ be sold and transferred by such pur- sal
aser under regulations to DE fixed by ac
bylaws OF said company, and 10 the
70 OF the death of any such purchaser tb,
ring the existence OF his lease, it shall fro
disposed of as other personal property, no
q the municipal government OF said city ito
all at all times have power to make and an
orce such regulations with regard TO for
d markets and the management thereof sta
in their judgment the convenience bn
nth and safety OF the community NAV tw
Iuire. 81.
SEC. 8. And be it further enacted. That cn s
capital stock of said company shajl sso
one million of dollars, and shall con- To-
OF twenty thousand Shares of fiftv ga;
lars Teach. The stock may be SUBJ alb,
lbed for upon the books of the company. or
ich shall be open at the Department Of cor
Interior, in the city of Washington, on cor
second Monday following the final co,
sage of this act, at twelve O'Clock noon; ORA
books to be kept open until the whole AM,
punt OF said stock shall be subscribed, orr
10 much thereof, not less than fifty per
tum OF the whole amount, as majesty Tn
aid corporators shall deem sufficient thi
uthorize the said company to commence for
K. A cash payment of ten per cent soc
shall be paid at the time of subscrip AIN
to said stock to the person or persons up,
horized to receive the same BY The said bv
oorators. After the books, as afore- to
|, shall have been kept open for the At
,e of two days, if larger amount than yea
capital stock of said company shall flor