Newspapers / The Weekly Raleigh Register … / April 26, 1816, edition 1 / Page 1
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-I VBY WjmOKlTY. . . ' ii. " " " . . "' " " " Am act to inOTrpDPttf the ttilwcribcn to. the J v.BxnlC of the Cnitfxl States, f v ? Eei?e?jzttetiii ihe Senate end Ifcuke cf Rrfirrirntatnckl'fth UKittd Slat t cfJtncTtcai Cthgfeti BricrrMrds That a&tnkof the! United States of'Ameoca sJuOl be tb;isTied. -with a fcanital o( th jv S-fiv miUion ot dolU.rs, ;4iTklcl into Trehandrrd and fifty vthiRisand vhajrs cfccc htnidnrd hilars -each share, nbc Iventrtaousind sharcsfaropdptmc tp;tht sam cf term 'njISioni of dolUr,.pan of the capital of tbe said ban& ihall bfrkih MCtVxd aid paid fcvr by the United State; ia the,maDoer.hcrcnattcr jpecited ; and two hand red and eighty thousand, tharcs, amootttin to., the-. uniic twen'tj-eight laHlScns of ccHan' ihall.be subscribed and paid for-bv indiriduala, coropanie or; corporation Kthe manner heiiuafter spedfied. " 1 " "" , ' v fvr 1. And be it further euctted That Kibseriptions for thcum.cf tweuty eight 1 millions of ddlirsT .toward constilating I tae capital ox-xuc saru ltua., 4 peoed en the first -Monday nn July next, at the following places'; -thin i$ t- sa, at Portland, iQ-tneIiisWictcrlainct- at P.rtiroouth. H the satc 'c f Kcw-Hamt)- shirr, at Bos! a.fc (thepatccftlassachu-I ietta, at Providence, iri Ahcstivfcjof Ithude 1 ,cf Pean.v'lvania,. at WUmhigua m the . C IU1itiar' mt- Half i'mnrc m the 1 Carclma at Aegtista in thestatc cf Geor gia, at Nc-Orieans in the sUtc cf Loui siana, and at Washiiirton in the District of Columbia And the laid sub-cripiif na shall be openedunder whi- 'supcriutend aace cf fire eomtulsAloacra'at; Jhil0cl nhia. aad cf three ccmmissr.hcrs at cch of the ctner puixs Jiyrrsaiu, 10 ap ixictcd by the lcsidect'of the Uuiled States, (m Uo Is hereby authorised to make j such appointments) and shall ccntimie o- , pea v err cay, from the time ot opening r!avi-e cf Sandai. wficn the same thall bc .'clcacdt immediately thereafter tke comndssipners, r any two of theni, ! attloe respective places ahircsaiav kUku dars from tlie dosing oFthe suh-criptiiMis as atcresaU, to tue coramissjoucrsai r ni lade&hia aforesaid; , Aad cii "the receipt cf the said oripnal.subscrip'ticns, or of c ther of the said cr pics thereof, if the cn ginaf be lost, ju'islaid . or ; Retained, the cnunisiionen at lTiiladclpKU aforcjaid, cr a majority of them, shall immediately thereafter convene," and proceed-to take an account cf the said sabscripthas. AV if rm?re than the amount of txrcnrj'-crjjht rci'.iions cfaollars shall-ha v been-suu,-rerihed; then tlHrsaid lat mVntitr:ed ccr.; missinncr shall deduct tlie tmouat of uc!v excels fixm tlx lanrevt cubscriptions, w such mannx-r a,s that no subscription h:Ji 1 li rrtjicr-d in amohnt. whifi a;iv one rtr-i "mains largef; prcVUlcijf, that1 if the sub- scriptkns takrti at citlvcr rf thc placci a- fen said shall uct exceed three thousand f shares, there shall be no reduction cf such J sabcriptkj.nohsliall. In any- case, the Siiuscripuoxis ta&en ai ciuicr ui uic pieces afaresaid, bcfeduced belqw that amount. And in casctjie aggregatcamountof the d subscriptiocs shall .exct'ed ltwcut-ight, millions of dollars, the said last mentioned commissioners, after having apportioned the same as aforesaid, shall cause lists,pf the said ' apportioned subscriptions to bs made ont, rncludiiig in each list tho appor tioned .subscripticm for the place where the origutaln suhscriptia)!1 was made, ne rf which h'sti 'they shaU transmit' to' tlie commissioners, or. one of -'them,' under1? whose sbpcrintcndaacc sech subscriptircs J it.. kz ...1 11. a ipuens fi&acic darine t the period aforesaid, at llrthc; places " aforesaid, shall not mount !to "(wcoly eight milllcns cf daUars,.thx;sabscrp tioca to complete .the said auip -shall ' be and- remain. cjea atPhUidclphla.a-J loresaiu, naaer Xc supenntendance 0 the " cemmissicrers eppoiatcd for that. place;' and the sabscriptiooi may.be then, made by any indiridual -company -br corporal. Uxi, for an nombe rof sharps, nci exceed ing in the whole the amount rcquirtd to complete the said sunt of twentfrist miUioas of dolhirs. -V ;:t' i: i ?' Sec. Z.lid be it further crt&;irdi Xhat it shall be lawful fhrtuiy inditidaali bwn- panyi corjKration crsu:e; hen hc br scripikni shall be oen a herein ; before dirtctcdto subscribe for any number of shares of tha capital cf the said bank, not 'exceeding three thousand shares, and the sums w subscribed shall be payable, and ! Island, at WiUiiicmn. m uie 01 von- j f r xhc iKCtlgtW at Burltrgtoni-nbr state of Vcr- (i.p moct, at jcw-iort m ine;aic ovcw- u j . at- t!jc t Yori, at. N ew-Hrunswick in tiie tute cf . th lt New-Jerser. at m m ware sli er thr. -static vh vv v- - v . r saia, ana rweniv-m c uuiwi uiciu tate of.Marjland, it -HXamond in the Ks cjorcsavit cv in funded debt as fore- teurginiatlexmgtonmtkcisutc sa:j; attlic ex:iration of ix calender cf Kentucky, at CiudmiiU In the state cf , mim,- :ifLl?v tc time of subscri&mg.thtfre Ohio. at Haictghin the state of Nortli- Uu jC ,yyH xC further -um often dol- CarcCIua, at Nashville m the state of 1 en- . jan shr.-e, in old or silver coin atChariestcuhi the state cfSMit.i- , .... tpeiaraeiPetwecatnenounioiicnu , la te renooo, and four o'clock ia the ai- ; terooon: for the tcroVcf twehtydays, esr : - KT - W .l . S. 1 ; cause two transcripts, or, ccp 01 sucn.j they tloir stud to the Secretary cf tl.e.j Treasury; cne they; sliali'iTtuin, .fnd the cri&iual thev shall tfan'snih, within u;vcii paid in tlie mnnner fol!cmSag;-that.'ia to av,i&e;vcn- miHionS;f lollars thereof in jild or.silver coin of the United States, or in gold coin of 6naia,Wthe: dommions of Spain, at tlie rate rt( on'ehundrcd cnts for e virr t we(y-eight grains-and' sntty hun dredths of a -crain-.orthc' actual weight thereof, ov'in other orci'n gold or silver coin at the evcrl.ratci prescribed by the first bectioa of an uct Ycftitthe'cur- M-rrv ftffrrricni rrins ill the United StaiCSl. passed tt tenth day, of April, cnex thoui, .utf tirht hwlred-and 'and t??bptv--j or-silver crtrior lnrtKe funded debt of the United Statek ahallibb tiid imd necciv5d at the fallowing rates VthaU? to say v the fnTitM t ht lejrin? an interest of SX per centum per annpnj, attn nonunai oir.jiar. value thcrcQf.; Jbe. tailed the. landed debt bearing T an iniprtst 01 turrc ii:v cunvuiu nzr uiuuh at thL- e'bFitrty-ifverdollars forevery inimotpoehanflnwdt'l!ars'of-the hohrinaj amount , thereof j : rtd I th"e' 'funded debt bc'arln an interest cu seven per centum per annum at the ratoof one hundred and s'ix cllas tuul fitynhne ctjnts for every Eum'cf roe huu'lred d.Ulars or the nominaf Tnour.ttUrbf ; tegethcrtwitK the amount rf thenU t '.'accrued on thb saTd teye niilehdmiaitioija cf finded'cbtj to be com'nuled andaHowcdto the time of sub- $cribhitho same . to. the capital : of the 4 said bank as aforesaid. - And the caymcnts satd subscription shall be made and iedbv the subscribers iVspecthc- imys tnd in the manner fojloty to say, at the time ,of siibsci- ?!iall naid live dollars on jcarh sharc in ixvv Mlrerdofn asaf.re- 1 i 1 r i ti : . : ". in coin as aforesaid, or ' h fonded debt, as aforesaid ; at the expiration cf twelve ca koilar mHiths fnnn the .time of &ubscrib- !i:;c, there sliall. be paid the fuitucr sum funded debt as aforesaid.. : , Sec. 4: Jnd be ii further enacted; That -at the .time of subscribing to the capital J tJie 'iFald bank as aforesaid, each and e vtry . subscriber hall deliver tothe Com rnifsioncr at tlie "time cf subscribing, as v. ell the amount of thejr subscriptions ies peclively ui Cc4ti is aforesaid, as the ccr tiEcatcs ojFtfuidcd debt,' for the funded dcht-p;opprtion of their respectiver ub scriptCcn tcgether with a power of attor- nrZanthiirisiiig the said co;mnisMODers4 or a rajciityot Jbern, to trah?rr the said" str.ck in dufc form of law to lhe rresi dcnt,Diicctc,aiid Company of die Bank of the United' States,' as soon a the said bmk hill be omuizal. yPttrfided a!" tetrjt I That if, in v consequence of the ap-U pertinent ta Uie shares in tlie capital of the said hank among t've subscribers, in (he case, and in the turner herein before prouded, auj vabsc; leer sh ail have deli vered to the conimiksiouers at the time of feubsci-fcing, a greater amount oT gold and il er tiinand landed debt than shall be recessan' to complete the paynjent cf the share or snares to such subscribers appor-liuied-as aliTCsaid, 'the cdmmissioners shall Only retain so much of the said gold , or siiycr o:a, ana lunqeu debt, as s:iail be nccesuiy to eponjete such payments, and shall idri h withr rcten . the, surjdus rtKiJccuvciy sii deposit tlie gold and silver coinr and ter tiheates of public dqbt bytliem rtiipec Uvlyrcccircd asaforssaidifrom the:sub ecribcrs to the capital of the said hahk in somitf iacc of secure and safe' keeping, so that the same may and shall be sp v-cihcal-ly delivered and' transferred, as-the same were by them respectively: received, Co theresider.CDtrcctcrs and Company of tlie Bank of the United States, or to their order, as scon as. shall be required after the said comnssipnctv'apijouited' tb Su perintend thsubsiCripons to tlie capital of the said baik as'aforesatd,' shall -ccei5 a reasonable compensation fctheir ser fctrs 'respectively, and shan be. allowed tnerci;r.vf -tc" -'.h-'nj'v vv; it ihall be laifuffor the United States to! pay aiKLredeem the funded debt satecrr betl to the capitalcf the.said ;D$ik,ta'thc rates fiiorcaiai 111 sucn stuns; and et tucn Vi: .'..'.'v.1iil1'j.. -.. ' to tell and transfpi; ugoli a,nd &il ver.ccin 1 or ouuicTi, me juppca.ct-nt. subscrdrcd to I of dollar iri any oncVycair; nor Vcjr Anfrl "Seerctafv cf th Trcasurv. and dherint- the umn trt-tir United States, fct thjp perked of fifteen 0.tcn urllrs pn.eacn tnarc, in goiuor, sll v e r. Qohj a5 afbis$ld, " anjl wen t v li ve dollars more in coin aforesaid, or ia t:e tjicrci'f, oa. application fnr the tanie; to the Euicrici-s lwfaHy en dihrd thereto. And the coinmUsioncfs rtKiicctivcIrsliall xirnesasmall be deemed exiJedittpt; any thing in act bf acts cf Congress to tbr contrary Jlicrof nptwithitaad;ng,'And it hall also be lawfuf for the "President, Dire'ctori.aild Comnanvcf the cue cajntai or teMfi uanxra afartsaid 5 WrotiJcdjal6aut T&j, tkcyshall nofsell, raqje thcrcoC CUd thc.suiao? two mHlkma 1 Vdays-at least, at the jiirjnt price notex Sec, 6, 'jfnd br it further erititted, Jhat at the opepirig of thej sttbscriptiori to' the' canltal stock'of the said bank, Jhe Secre- ! tary jpf the Xrearf shaH gubscribe or. cause 0 be supscnpea pn-aenan oxtne Uniti;4 "StatesV the said ciimbep of seventy !thOvsand sliares,' amUirrtinef to sevn-mil-llonoffqliars'as aforesaid, to be paid in gild er silver coin; of in tstockof the' Unit ed States, bearine iuterest at the rate bf t'firr pi per centum per annum; artdlf pay 1 men: thercbfVor any part thejieof, be made in public sock; bearing uiterest as afore said,' the said s interest shall be payable 'ouarterlvHo commence from the time of t making such payment' on idccounl of the faftf subicriDtionand the orincinal of th'e said stock shall be rccTcemable in any sums ! shall deem; rit. ' And ihe Seci'etary of, th'e j Treasury shall cause the certificates 'of such I public stock' tcf , b preparcdr: and made m the usual lorm, ana snaji pay ana aeiivcr vue same .10 wt: 1 ii;iucutt torsan Company of tfie said ibaak on the fijtday ofJaqua'ry, one thousand' eight hundred an4 seventeen, which'said stock ir shall be lawful' for jthq said President, Directors an2 Cbnlpaty to sell and trans fer for gold-and Oliver ooia or bullion at their discretion:- Provided, 'They shall riot scl more than twbuliona of dollarsr tljereof in ahf'cne year; IV ' ! ! Cie'subscribers to thelsaid bank ofjthe U I .' t-f.l r ;. 1 liL'-! ' mieci aiates oi .'vmerijcaxaeir successors and assigns, shall be, arid are hereby ere-' ated, a corporation aid body politic, by the name' and stylc-of ' The President Directors and companj' of the Bank of the United StV.tes," and slpll so continue until tlie third day of March, in the year one thousand eight hundjred and thirty'-sixi, rind by tliat name shajll be1, and are here by made liable and apable, in law, to have, purchase, rccejive, possess, enjoy, and retain tpjhem and; their successors, lands, l-entsv tencieiiits heriditaments, goods, chattels and efjects of whatsoever kind, nature and qualify, to an amount not exceeding in tne whoe, fifty five millions of dollars including thp amount of the cjaf pital sfeck aforesaid!; and the same to ,sell, grant, demise", alfpn or dispose of f to sue anu oe sueu, pieau ana op impieaaea, answer and to be answered, defend and be defended, in all ,sate courts having competent jurisdiction, and it any Circuit court of the .ignited tates ; and also, to make, haye, and use common seal, and the same to break, alter," and renew, at their1 pleasure 2 and also to Ordain, esta blish, and put in execution such by-laws, and' ordinances, and regulations as they j shall 'deem necessary! and convenient for, j the government of the said corporation; , not being contrary to tlije constitution there cf, or th,e laws of tlie United States : and generally do and execute all and singular the acts, matte rs an things, which to them it shall" or may; appertain to do; subject,' nevertheless,; to. the rules, regu- lations, restvictions, limitations and provi sions hereinafter prescribed and declared.; See; BTjtitd be it fur ther tnacte'd That ! for the rriatiap-ement Itf thr iftairs'f, thp' f said corporation, thee sliail be twenty! five directors, five of hom, being stbek holdcrs, sliail be annually appointed by! the President of the Ufnted States by and) with the advice.and consentof the benateJ 'not more tliAu.three of whom shall'bere- sidents of anv. one state-' and twentv of . whotnr snail ba aniiuJlyj elected at the bajiking bodse in the cty jpf Philadelphia, I On tlie first Monday. jf January; in each -ychr,;by . thc 'nualified atockhclders of the j capital of the said bahk, other than the J United States, and by Ja plurality of xtesv Uaeu Ana there actually given according I . 1 t c .r. . :T' "V : ; i w uiuiciuc 01 x)uncjjiereinareer presort-. bed : Provided alway)t' fhat not person, 4 being a uarcctoran Uicibaak ol the United States, "or any of Jtsbjrancheshall be a directoi,of any . other bank :'and -shnld any such director acrus a director inrariy hther bank; it shaU cjrthwith vacate his d'theUnited States ;f Ad the dhttfprS; so duly appointed and fleeted shall be ca pablef seryiag,Dy . virtue bf 6uch appoint- mcnt and choice, from the frrst Monday ip -jUib month -jcif ' Janviaryj cf ieach yczri iintil . the end and expiration of thenrst Moridayr' in the month of Januaiy of the yearnext qasuiag tliej :timev of endianifdal 'ejection i to.be held byjUiefetcckholdersasaforesardl' And theboaVd c4 dmietors annnallr.tat the first meeng.'aftei. theyrUfecdon on taut uiju evejc yca, ;mioxi uiuau w Ject ene'ei ihe ' dircctpra 6 WvPrxstdent of the-Corp cratioriwirolahallJibldithe said 'opc toiog- the - aamf pertddj for which j.the1 directors a re, appointed and Selected as afisaid : provided cr.That 1 thif ftrst' apioistment and Election of-lhe airectarsx ana prcsmenc oi.spe..saiu wwiav snail pe ac, fae umefsnn;jor Tevpepou lircctOrSi ? dr. anJelccticih cf the prjeidefat 1 of the Laid bank, shouH-siiot beio 'made b at ir shall bclawful ,fat any other" time to make vsuchr'appointtieHts, arid to hold licrmnafter. cellared t iyfd firovidcftnho that Uapiseit should t" ihy ' jtlm e; Jip-. pen .that' &a appcihtraent or; election of (the manner of holding the elections, shall be Regulated by thelaws and ordmancos.pt iwie sai corporation ; puuuiucnis.ureicctiojis rectors and president mc umc oemg snau 4'Jjrovrded'aIso': death;' resignation or sident of the!said corpojratioriTthe cDrect- dent from the directors as aforesaid j arid in casd 'of the, death resignation,1 or "abc stM. th'?; United Statesor removal bf a Erector from office, the vacancy shall he supfjfied by,tlie tres;dent 01 the United States; for by the stockholders, as the caseTnay be. - Bit the Presidecnt of Hid United States alone shall have Dower tn remoycf any of the directors appointed by him as aforesaid;' v ' .v"' . , : 1 pec. v, Jd7ia be it farther .ena'cte That, as soon as the sum of eight riuilionsv four hundred thousand dollars' in gpld and sil ver coin, and iri the public debt shall have tyeen actually received on account of the subscriptions to . the capital of the saici bankl(excluinely of ; the sub,scripticJa a foresiid, on the nart of the United States no4.i4 .thereof shall be given by .the, per son i under whose superintendaicq the subscriptioni' shall h'avesbee'n made at the city of Philadefphia, in at least two news papers printed in each of the places (if so many.oe pnntea m sucn pieces . respect ively) where subscriptions shall haye been made arld the said persons phail at the" same time and in like manner notify? a time and. place, within the said city' of Philadelphia; at the distance'of at least thirty (lays from the time of such notifiav tion, for proceeding Ito the election of twenty directors as aforesaid, and it shall be lawful tor such election to be, then and there r made. And , the President of, the i sent of the Senate, to appoint "five direc tors 'of the said bank, though not stock holders, any thing in the provisioftsof this I act to the contrary 'notwithstanding ; aijd : the persons who shall be elected and ap pointed as aforesaid, bhall be the first Mir rectors ! of the said bank and shall pro teed to elect one of the directors to , be president: of the saia bank $ and the di rcctprt and president of the said bank so appointed and elected as aforesaid shall be capable of serving in theii respective offices, by virtue thereof, until the end and expiration of the first Monday of the month of January next ensuing the said appoint ments and elections ; and they shaK then and thenceforth commence, and continue the operations of the said bank at the city, of Philadelphia. "s j ; " Sec. 10. And be it further enacted,ThzX the directors for tlie time being shall ha ve power to appoinrudi officers, clerks ahd servaits under them asshall be necessary for executing the business of the pid coi-a pbratfon, and to illlo.w them suclv Compen sation for their services respectively-as-as shall be ' reasonable : and shall be'.ca- pable of exercising, such mother powers and aiithorities, for. the well gorning i j . . :j 'c a.i " ire .l . -s ,' ana oruering cr uie umqers oiine saia . corporation, as shalkbe prescribed, fixpd I ana aeierminea ny uie-lawSjrcguiauons and ordinances of tlie same. t ;'J , - T-. ' x ec. 1 1 And be it further efistediTh2& the following rules, restrictibri's,i limitati on, and provisions shall form And be fun damental articles of the N bonstitutionrof the said corporation , to wit I ; :: v 1 : - V , 1. The niiipber of votes to "Which tlie stockholders 'sliail be entitled, in": votine for dii-eCjtors,' shall be' according jtoVeJ." number of shafese; she,br th6yipepect 1 uveiy suaii.iu, iu mc opoi iins ipi-j lowing .that'Js to say ; for prie sharej ana not more uian tiyo snares, one, vote ; for every 'two shares oycr twb,ap4 n&t, exceeding terif'one vote ; for every fonr- snares abovexen,- and; not exceeding thir ty, one vote p for eyery.six; shares! abbVe thirty; and hot exceeding; sixtyi briervbte iqr every eignt snares 40.0 e sixay,-ana pnflvtot'e' ;Nbnt 4h'of pe'rsjS'opatrereii or yptic,,;i greacer numoer -xnau iuirjfvo,iesi raw after', the first electxbri, nb share br shares- shall conifer a right of votmgMwhich shall i not : uavc. ,tceai fiyiycu-. wiwvc ';.t.iicuuin-j montnsprevious toineaayoiciei-HJu. cuiu,j stockholccrs actual resweritfithin tne United States; and none 'ote!ray r btp; inelection'bVbrtrf LZptfi more tV4 directorselected the stocolaers; and ncore;'thanfdnr-fifth$ cfthrdirectbrvi appombedV the Pldent bf UnitT otates.iwncr snauue- ui'pmcc, a; iwume and na director $hall bbldihisffice JJr UU Uilfc&JlCUd umiVi?"" HfoyyvMwM,, but thedirectpr who shall bpjfesierit at tht- tfme rof an electfodmar alwayi bVre iO appointed wre4lectes?'i-the sehiay; kident citiienicfthe United ;StatesMair be a-difprjbtjsb may.makie sncB comjpenstwo tp the Prei sident f dr Ids extraorcUnarytteijclarice at' thebabk,;as shall appear to them reiasbii- able , r United States is hereby pthoriseoVduring the present sessioriof Congress to nomi nate, and by and with the adv ice and con for everteh sliaresl1 abbTe ohe.huhared a'nndbrted Tof the !:next? succeediric: Vear? f i constitute boarti fQlheraTTsaCtion-flf' 1 Ii AndntiT such aj- busmes hbmthe firesfdeat.aj.i al-bV ! i be ;irmku' the- dU ways Je neljpxcipt 1 casfe. of5icncssir T . V I of the said bank, fprj peqessary. aencti j, mhicJiaseJii v ' ! that inasp; rwefl tor whom K&b . i'm rfcmovttf of the'fe- N shall 'deniltcfor.' tV.mufAdes- ' :''? ii 1 1 f 1 . 'direclT..fcjpuva:.: tratsict aenute .tor.- tnat.mirnri ""'w vi uiv.uLiuivpj-eiucQrporax nt)s relat(ve"toMe- ih leae vejsicit papers of theMapp( iJ . seated," ai.ipecjfc ehters'upoh: the dutie'st bf in&pneiishatl' bercquid. tb;:givbu f corporation to hold,, shall -be; ed to it in satfsuctio;of;debts previously cqriti4icted iiW'tojaBeb'f its dealiags, or purchasedai sale; upi)njjudgments whi6h shall ha b'dlobfor -sach debtsi.' ; 8. Tfie total aount : x5 debtswhich the saidcorpbratioht sh0 at y;tiriie pre. Whether f$ hor4, -;61JI'te"lieti- triibt, oyer indoyelie debt or debts due for . ' moneys deposited . in tb.er biik f hall nor exeeeJ Hhe ?sum )U4rty-fiye roiljidns of 4bljar,; iinleiss the ,cbhtrac,tmj of any rcateY debts1iall .have been jre? vien'sly' amhoris:bhUa wv of the.Upited States. In case ":cf excessC theMirectbr under, whose aduiihistratioa JtshalLhapy pen, shall be ijWle fofthe same., ill" f heir natural and priva capacities ; tandjan action of debt may - hi'suclijce.be bi-pght against thern or any of tliemieir;bt;Apy of thei heirs,; execuCoTbrtadmmistra torsyjn any cphrt of 'io&Mt)$$$teA: States, ov elthei of therii, by any credftor or creditors; of the' said corporation and may be prpsecnted to judgment cution, any, epntlitipn, covenant or agree mejtbthecnjtra B't this plrovisiort: shall not be tMstred I to gexempt-the Xiiipsi6fp same from being" also - liable" for,yand chargeab withftheaidexc Sacli . :-ojJ the?- said; ;;directbrs7JwhV may ; have been absent hen? the said excess was contracted created,4 or?who may havedissented from, the resolution or act 1 rHPfepy the. same vWas-so cbntracted br created, may : respecti veiv exonerate themseryes from M1sbJieVby;'Ktl UiiitedStates,aAto:the stockhbldersrat; aTgefieral metingyhlchh bbwer-ta .caltfbrthanibAsei-1 - re thingfeceptbiUs:bf e:;a ; wuatsocxr," nor suan -it.aKe. moren tnaa -1 at'-trie rate lof sixlfcerf ceritam pet anriuriV ( fbrcr'ubonWlolria'br'disc mount exceedin fittCthbusariddoilars. or oauy&ren piin vibusly authorisjed bjKa ia wTpf the Uiuted Staesft CPY.: , v- uo vi wj, Sfiajt corporauqix. tWhicli shall be made to arrte nrafvn nw: sjSs miame;b 'RePs?isipr their executors or'admuiistrator6; and nf aosurejyjranier rjtygtnereor in eaca .nttyery assignee eire j jor adminhittators, tp Ftbir- lits ; seai;fbr:tipayrient of a sari less tuaa hfaf-M iimirh AiavTv iwhtl hrntvlMVif the sajdrporttionsed , ahdjnterliierby the'prmcipai cash-: ler clf treasurer thereof, promising the payment of money to any person or per.- uoii uurine. uiQ ccntinuanca oi :ine;i sicjcv e k fiCsprieccssaryabeneofthepte !7'r ml thjji -st m eor$-c wujid st'reMfliaSy . ' 'V-'C vi' shrhteye a ;fiw -. ,! ; ;ct er onjecTts. m sycii meeM"g4ji f . v., tach casJyer or treasurer, before ne nKite-.uretKi&, to the-atisfiaaiOftiitjneXlif:' 1 (.$'' rectci ii, insum not ;iessha.fiftrihdd . ' - : j ' sand dollarV, with a conienlfor'hisQd ;3 ; X Mfi behavierahd the, faithfiil performarice of us.autics-tp the coruor'afioat-. 'Jl::-.--;. --?.J.h Said1 corporation, to hold, .sliail ei ly sjch as shall 'beVeaaisite.;fQr imm'& diatf acpwomSmi lnjrelati:tp?h conyriieht trahsactipnf it&busmesarid 'such ai shall MvtbjfnbJde .;morM 1 gaged tp it'byi waVtofscuniy.' or tonveyr absence br oSnto the Brfesiehf the ;.?' vw ( buiupicrauqp TsnaunpvQ etiyor indirectly, fdeal or. trade m anv v..- itiiiK1(fcril4t sevxtjr giyi43 and truly 'pledged; for. rqn'ey1 lent andjapt ( riuemea mauemie,orQeas wnicft snai bfethebrweedslof it&lanidlllt'shail' riot Veverrioient)ftlie Uriifea Statestpatt '' c ijohar&cr of W'al4rKi.tii snair.ignaiemBjtranstetrable ac; cording tQ;sucJi'ieasM bfthesawl l.': y jw.oougoiy ,ana- v: ctefut, J uhdeir tfie ealjSof the XsJaidcbrboraiion tor assignees .successively, rid to enable fsuhassignee'' or assignees, .and his, her,' inaaxaian acjDn jnereuponur nis,. ner, brhftcianipi cirajJcrfsnaUtMit paake .'Any btU ga '.. iorof credit ortheWiiocimieeri, V- '. i h .4 r ft ( ' '-.-'?'.: in -v:: .: i ;-:-;fc such, elections, (as inefcase may be and .: ' .i : 1 ; 1 . , - ... .. - x ' t " i 1 ' -it.
The Weekly Raleigh Register (Raleigh, N.C.)
Standardized title groups preceding, succeeding, and alternate titles together.
April 26, 1816, edition 1
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