Alexandria gazette. [volume] (Alexandria, D.C.) 1834-1974, 1879-04-14
DISBURSEMENTS.
Balance 10 the treasury,
$5S1.9l

| Should the company determine no! to extend
| its grounds it could easily make very hand
some dividend to its stockholders, but to extend
| it's usefulness We arc of the opinion We should
extend its grounds and have with that object 10
view obtained from the Legislature this winter
| through the efforts Of tho member from Alex
| sudria, Geo. A. Musbbach, etq., charter,
40 incorporate the Alexandria and Fairfax Az.
riculture and Industrial Association and all
other persons who may become associated with
| them. We therefore recommend that sou &C
cept the charter. and organize under it. As VIC
| have been working as voluntary association
| we could not eniorc, tho collection Of the sub.
scriptons to tho stock, all Of which should have
been paid as the parties are fully able to do so,
and it was upon tho faith oil tic subscribers
paying their subscriptions in full that induced
us to 90 on with tho enterprise. We arc sorry to
be compelled to record tho fact that as shares
have declined to rsy anYthiog, Dc shares pay on
account only seventy eight dollars.
Respectfully submitted 90 tho part OF tho
Board OF Directors. JNo. y. SMooT,
President.
On motion of N. w. Person. the report, as
read. was adopted.
The chair then appointed j. B. Smoot and
Valentino Baker TO ascertain and report tho
number Of shares Of stock represented in per-
son or by proxy, and tho committee reported,
after examination. that there were 3GS shares
present.
j. B. Smoot then presented 10 tho meet.
ipg the charter Of the Association as passed
by the late Legislature and approved by tho
Governor, which was read by the Secretary,
and is as follows:
]. Be it enacted by The general assembly, That
John B. Smoot, James T. Beckham. John Per
~, Edgar Srowden, Robert Portner. Philip L.
Hooe, Henry Strauss, N. B. Harlow, and Thorn.
as Hoy, of the city Of Alexandria, and N. W.
Pierson, +. F. Roberts, Valentine Baker, q.
Lukens. and John Ballenger, of the county Of
Fairfax, and the other members OF the volun.
tary association known as the Alexandria and
Fairfax agricultural and industrial association,
and ell other persons who may become ascot.
atcd with them under the provisions of this act,
be and they are hereby constituted body poll
tic and corporate by the name and style of the
Alexandria and Fairfax Agricultural and In.
dustrial Association and as such shall have
perpetual succession, and common seal which
it may alter or reneT at pleasure, and may sue
and be sued, plead and be implicated, contract
and be contracted with, and make sill proper
and needful bylaws, ordinances and regulations
not inconsistent with the laws of the United
States OF of this commonwealth.
9. The purposes and object Of the association
suhll w W 0slaUisjI SuQ cOuQuCt lalrb auQ OIuel
exhibitions Of agricultural, horticultural. mining
and mechanical products as means of develop.
ing the resources of the commonwealth and OF
promoting and advancing all industrial pursuits.
The principal Office of the association shall be
kept, and its stockholders' meetings, fairs and
exhibitions held, at the city of Alexandria.
8. The said association shall be entitled to take
by grant, gift devise or bequest, and hold real
and personal property in value no: to exceed |
fifty thousand dollars /
4 The capital stock OF tho association shall
not be less than two thousand dollars nor more
than fitJ thousand dollars, divided into shares
Of FIVE dollars each, which shall be paid in cash |
or instalments as may be required by the bylaws
and the parsonsl liability Of every and any |
stockholdor tor the debts of tI'e association cha