New Orleans Republican. [volume] (New Orleans, La) 1867-1878, 1870-07-06
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LAWS OF THE UNITED STATES.

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AN AGT to inoqsposate "a washipgto
20 Market Company.
Be it snnstsa b. Ne Senats aud Hous
Of Representatives Of the United States I
America in Congress assembled. Thy
Thomas Berry. D. W. Bliss, Henry 2
Cooke, William B. Todd, Peter Gardner
Henry S. Davis, George W. Riggs, Byro
Daniels, MIG. Emery. Frederick q
Stanton, Thomas G. Coun0lly;S. r. Brown
John s. Croker. Alexander B. Shepherd
q William Clark, Hallett Kilbourn, John 4
Evans, B. F. French, C..H. Michne1
James L. Barbour, 1. T. Mitchell. T. Z
Fowler, T. n. Alexander, ]. w. Angus, W
w. Rapley, and Thomas Lewis, their sue
cessors, and each Of their assigns, be, ant
they ere hereby created . body corporal
and polite, b. the name and style Of tn
Warrington Market Company, and By tina
name shall have perpetual succession, AMI
shall be able to sue and be sued, to pleat
and be implicated, to defend and be de-
tended, in ail courts of law and equity; ani
may make and use q. common seal, ord cir
and establish such by-lavs, ordinances
.--and-segulatione, not inconsistent with thil
act or OF the laws Of the Unitad States, az
may be necessary and proper for the man.
agement Of the concerns of said company
Said company shall have power to issue
and sail bonds,or to borrow money and
execute mortgages and deeds of trust
upon lis property and franchise.
Sec. 2. And be IL further enacted, That
said company is hereby authorized and
empowered to locate and construct a suit.
able building or buildings upon the fol-
lowing described grounds, namely: Com
mencing ct the Intersection of the centre
line of B steeet north, with the west line
Of Seventh street west, running 4kence
noFfA along the -w@t side Of Seventh
street TO the sontherly side Of P~enusJlva-
MIA avenue; thence westerly along the
eoutherly side OF Pennsylvania avenue to
tbs ssoutheely side Of Louisians 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,. thance along the centre line of
B street to the place Of beginning; and to
use md occupy the sEme by the erection
of . suitable buildihx or buildinfs for q
public marketi house, iselading 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 ~ . public mar
ket The buildings herein designated to
BE- used for the purposes Of . market shall
b used for no other purpose Inconsistent
Herewith, but he same shall remain q |
public market as hereinbefore described.
And the said company shall, whenever
any part or parts Of said buildings, stalls,
stands, aud SO forth, for market purposes
are ready for use OF occupancy, offer the
sauae for sale at public Auction for one or
m.re years, to the highest bidder or bid
ders, asahjectto 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
moro daily newspaper published in the
city of Washington. for two weeks pre-
to said sale, sndaby 5handbilk to be
posted up in said market grounds, ten
days previous thereto, and all subsequent
sales and leases thereof shall be made on |
notice and in the same manner:
and the said company shall have fall
power to assess and collect rents for the
lse of said buildings, stands, stalls and
aforesaid. The stalls, stands, and
privileges of all kinds in said mar
ret to be used for market purposes,
offered at public sale, shall
let to the highest bidder, aud there
hall be no bidding on tho part of said
company, directly or iodirectly; but said
company with the consent Of the Mayor
md Aldermen Of the city OF Washington {
nay fix. = minimum ratio Of bids at soch &
ale, and the person whoa shall ofsr the I
ighest price ct or beyond such minimum c
or any such stand, stall or privilege shall '
entitled to the occupation thereof, and c
hall be considered as having the good 6
I'LL and the right to retain the possession t
hereof 90 long as he chooses 70 occupy Il
,e same for his own basneOandpsy the n
emit therefor and the rent shall only be il
aised on application to the Mayor and n
Council, who, after hearing the b
srties, may change and determine the p
sme; provided, however, that such right il
, the possession Of such stands or stalls o
nay be sold end transferred by such par 81
haser under regulations 70 be fked by .
bylaws of said company, and 10 the
ase Of, the death of any such purchaser q
uring the existence Of his lease, IL shaii Il
Q disposed OF as other personal property, p
nd the municipal government Of said city lti
hall at all tunes have power to make and Ia
nforce such regulations with regard to e
aid markets and the management thereof IT
3 in their judgment the convenience. b
ealth and safety Of the community mmsykts
squire. Il
SEC. 8. And be it further enacted, That q
10 capital stock of said company shall al
Q one milton Of dollars, and shall con- to
.st of twenty thousand shares of fifty "a
ollars each. The stock may be sub 81
,ribed for upon the books of the company, O.
hich shall be open at the Department of c.
le Interior, in the city OF Washington, on Ct
le second Monday following the final c.
assage of this act. at twelve O'Clock noon; g
lid books to be kept open until the whole a
mount Of said stock shall be subscribed, q
: 30 much thereof, not less than fifty per
,ntum of the whole amount, as q majority 7
{ said corporators shall deem sufficient Il
authorize the said company to commence fl
ork. A cash payment of ten per cent 8,
n shall be paid at the Time of subscrip- a.
on to said stock to the person or persons u
lthorized to receive the sam by the said b
operators. Alter the books, as afore- tt
lid shall have been kept open for the A
'ace of two days, if a larger amount than y
,e capital stock of eaid company shall ii
ave been subscribed, the books shall be r.
osed, and the said corporators shall g
apportiou said capital stock OK
nong the subscribers in such manner vi
lat citizens of the city Of Washington OF