New-York tribune., 1873-01-18
THE TREATY
IMPORTANT NOTIFICATIONS IN FAVOR OF THE
COMPANY-THE FULL TEXT.

RESIDENCE OF TIE ExEcUTIyE,}
SASIO DOMINGO, Jan. Q, 1873.
Honorable Consulting Senate Of ne Bopa6itc
M hHg Of ne FH'sAsa Buy Of Sen'"a and J0r
Between the Government Of the Dominican
Republic represented by Senior Manuel Maria Gautier,
Secretary Of State, Interior, Policy and Agriculture
CharS6 OF Foreign Affairs, ITS agent and duly and fully
authorized TO the.ehect one sde and on the other
Messrs Samuel samuels I. Scott Stewart and Burton
~ Harrison Commissioners OF the company which here
after will be entitled Company OF the Bay Of Samana,
OF SantO Domingo" legally authorized the following mas
been agreed to and accepted:
AETICLE l. The Dominican Republic for the present,
that for the purpose OF Increasing the commerce
of The Republic establishing by Of lines OF steam
ers and in other direct traffic with all parts Of
the world; to develop the interior commerce OF the
country by means OF railroads and other improvements
of public utility and 10 procure by means Of foreign
Enumeration "a population which gives efficient
aid 10 the Of the Republic, developing the
resources OF IT'S territories, and which would
contribute to the increase OF the incomes and other
objects and purposes which VIII be mentioned or 10
which We will make reference: For such reasons,
biessrs. Alden B. stockwel, Samuel G. Howe,
Paul n. spodord, Frederick Sthuschardt Samuel L.
~ Barlow, T. Scott Stewart, James 2. Scott,
George H. Pullman, c. X. Garrison, Samuel Sam els
John Stewart Henry Clews, Oliver Ames, II. W. Gray,
and their associates, success ors constitute ana unite
themselves a body polite community under the
Domingo, and the said Company shall have
undor this name a perpetual succession, aud
shall have only one seal for all its acts possessing all
the rights privileges ana powers usual TO the corpora
tons or societies IN the United states of America The
principal sum or effective capital of said company must
e OF $4,000 in current money of the United States OF
America divided shares tne value Of 500 EACH
but said mentioned capital and the said number OF shares
may be increased from time to time by a
vote of no less than two-thrds part of the
authorized capital existing at the time. The
said increase shall represent the value of the property
and improvements acquired created by OF under the
authority OF the Company, and as the Company may
from time TO time deem necessary. The Company has
the right power and authority TO fix its own value from
time TO time upon ITS and other properties,
and 10 represent these by the issue OF bonds
or OF shares ntegray paid, or OF both PROVIDED that
the first valuation which Is made after the organza
ton of the Company does not exceed sOoOOO OF capital
and slOOOO.OOO OF bonds.
No subscriber TO the capital holders Of shares
in the Company shall be individually, Jointly, or separ-
atey responsible for any debt or responsibility OF the
Company or for any demand against for more than the
vaue at par OF tue capital subscribed by him or for the
ahares that he may have In the Company; and
no shareholder or shareholders in the Com
pany shall be prosecuted for the recovery
Of any debt OF the Company or demands against
II until judicial decision condemnng 1t shall have been
obtained and the decree Of execution shah have been
upsatisfed in whole part; and holder of padup
shares Of tie Company shall be Individually jointly or
separately responsible FOR any debt or responsibility OI
The Company, for any demand against 1t.
ORGANIZATION or THE COMPANY.
Art H. The affairs and business Of the Company shall
be directed by Board Of Directors The number OF
directors shall be 2 and they may be indserminately
citizens of the Dominican Republic citizens or subjects
OF any nation They must be shareholders In the Com
many and after the first year, shall be elected by the
sbareholders az their annual meetings. But II 1t
should happen that the election OF directors
sReu sRe Statute S OF the Company the failure to elect
shall initiate against it, nor cause us dissolution
chises or privileges; and shall be legal TO proceed 10
the election Of Directors on any other day as provided
and ali the acs OF the Directors shall be valid
aud binding upon the Company until the election OF
The persons mentioned in the FIRST of these articles
shall be those shall organize the Company, and they
shal be directors for the first year and IN conjunction
with others whom they may name tbut who snail not
crceed q i'm all shall be the ones who shall form the
Of Directors until the election OF their successors
The shareholders shall elect at Their hrst annual meet
hn he divided into three classes, that shall be
disncushed respectively the hrs sfeOnd and third
classes % sc yen %S Of the rst class shall directors
the term Of years. tie seven Of the second class
third class shall be directors for one year AZ each OF
the subsequent annual meetings OF the zen
of the members OF the class whose oneal peLiol may
have terminated These shall DC dnec'oi' i0i 'A0'
'0~i' MEETING OF THE DIRECTORS
The meeting the Board Of Directors and thoSe OF 'e
shareholders may be held in Samsns, In santo Domingo
IN the United States of America or elsewhere
10 the requirements OF the Company, expresseu IO
time 10 time in its statutes The time for the first annual
a,,,, % the sbareholders shall be the first Tuesday
aSter e ist day Of January 1874 All the elections sea
be held by ballot, and eacn snnJh'uT, hnn bave The
right 10 ~ many votes as the shares possessed Dy h
ana regstered IN his name in the books OF the
e sons who NAV receive the largest DumDer OF Votes
shalt he named directors In case Of vacancy % ose '
more directors BY reason OF death, resgnalop OK from
otber causes they shall be replaced IN the manner nai
Gated BY rules OF the Company ana tne,a oIoo
lie for the unex pred term or the person repiecoo.
IL will be optional with the Board OF Directors 10 Iorm
and dictate TOm time TO time such statutes ana
she Company (which may not be IN CONTRADICTION VIII
fle articles OF ts treaty for the government OF tne