Western Sun, Volume 4, Number 6, Vincennes, Knox County, 9 November 1811 — Page 1

THE WESTERN SUN

EACH CENTURY HAS ITS PECULIAR MODE OF DOING BUSINESS, AND MEN GUIDED MORE BY CUSTOM THAN BY REASON, FOLLOW WITHOUT ENQUIRY, THE MANNERS WHICH ARE PREVALENT IN THEIR OWN TIME.— HUME.

VOL. IV.

SATURDAY, NOVEMBER 9, 1811.

THE WESTERN SUN, IS printed weekly at TWO DOLLARS per annum, paid in advance or an attested NOTE, payable at the end of the year for TWO DOLLARS & FIFTY CENTS. NO Subscription will be received for a less turn than one year—and will not be discontinued until all arrearages are paid. WHERE papers are sent by Post, the person subscribing must pay the postage. ADVERTISEMENTS of no more length than breadth will be inserted three times for QNE DOLLAR, and TWENTY-FIVE CENTS, for every after insertion. TO avoid unpleasant disputes, it is requested of Advertising customers, that they particularly specify the number of times their Adtertisement's are to be continued.—Those sent without such directions will be continued until forbid and must be paid for accordingly. ALL Letters addressed to the Editor must be Post paid, or they will not be taken out of the office.

(BY AUTHORITY.) LAWS OF THE UNITED STATES.

AN ACT to incorporate the subscribers to the Farmers' Bank of Alexandria BE it enacted by the Senate and House of R ',' ciuli v es cf t . -e Un il d Str. I es cf America in Cvir-rcis a'H?nilldt I ii.it ti prei'ent UiUuIk-3 to the tuiriicr. bjul: ui AU.ii'i", vvti! s tl;jlc v. Uo htrcal'tvr l.-iMiif lur. n)cf to th- i:r.r, iI.mt fucc ;Tm- aii,;iis (h 11 l-e, n i -i lb- y ate lirrrt i u- .'tJ 1 1 ))( a'.i io liOv.y i.oliiic, ' v ti.e n..r.'- ui i (1; It ci' tise- i inner:.' hi uk vi' -! i' ci'i ; -Miii by i.. t iMmf is. ill ll 'f iiciruy ui. k a uK- .i d .pi!c in 1 v. h vc, purs!. : itttiw, p. . (T Is, cno :'(! ir; -!::, t) t!;.-..l a.u their i j UOrs, t -: i.l . ni , ' v J :;.c u ;:. , oJ e!)tl' !- t:u T. i v a it kit; ti tUnc or t!.' : i'v v : : .it. J Uk i t 'u i t, jraut, clr :!, !; !i or vJ'V t ; t :f -n! he In , '" -J Mr! -t ; ij.!.'c' t U l)cUi iVvt ,-J, .. i.-iivi ai-u . !, i: c u-t i

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fliall he only fuch as fhall be requifit-; tor ir3 iiiun--'i.Uf rit cytiim jatioii, in tcktiju ;o tbe convcMiit tit tr tnf irtion of its bafiiirfs, and fur', is th-jll hive been couvcyrci.to it, in i'itist'iCioirot debts nreviouily contriictrU in the coiufc -of its dealings, or pun lulro at fale-j on j'H,j;(ent?, which lliH tuvr been oStrfined for fuch debts ; ;nor in !! this icrporation uiieeTtly or indirrcAIy de I in or trade in ny thinvj except bills or'rx haiijje, ?;old or ill ver bullion ; or in tl.c filer of goods really and truly pledged for money lent, U not rcdermed in due time ; or of gouds which (hall be the produce of it3 !.md ; or f goods told by virtue of an execution, on a judgment obt. dned by them. Sfc. 4. And be it further mooted, lh.l for the wellorderi the aff-irs -t the f. id lotpormiou, thne (lull be 13 dirrdois, of wfiom there Hull be an electijn n the fnft Monday in January, in cub yci.rt by ;le ll-ckhnldct s or proprietors' of the c-.p-.r..! flock of the.fiid corportinn, ?n! ' .y -n a ity of the votes lutliv e lv- n ; mi d t-.'.l who OhII be duly, i h n "i at at- el.- ci; o lhU br o 'p-ibl. of f M :-i cl. 'Cto . t virtue cf fucli clioiic "A end o. piraticti c-f the Sift Monji y -f J anmry itr; enfuinr t!:Vti:n of 'fm h el; u; uti,! other, Hi ill brt hjien. " in: : :. u d c'.

on of cirrAors imkLt ex. a ,) place, until he url M y uij the year 1812; Sod the ImJ dir their lirft ra, rt inc. nfe t .'. h e!.i

ciioole on? oi tn ;-w .a.;,;r v ;-

No pcrfon, ft director otv no: h r r. uiLv-hali be a di;.1nr of lids bnyk : Tn-'eidcd, 'i h ..t in Crffc it 'h )u!i nt any time h.ippen, tiiatn h cVir,-i iir- dors lliould not i f ivric A y l ?v, v,V.n pnilutnt to tins acA it .n!e(ht t hv !ren mule, tic corporation ') II t o: foe tlMtc 'life be rb- tn d obctiift' U (! ; but it Hill be l:wful on -any uthei ty, u:':'fM 15 ii-'s t'vrr 1 r, to 'hi .nd tn ke i-)t-: si ot r i ir f"i .rs, in p niHn-n-t .i fb . '! buvr h ' "-,. u! -t "d by the laws : oi u i " v f s of 1 . :d i portioo. St. 5, u d he it furtnr cnartcd, TiiPt no dirrc: r jh.ul be entitled to any emolument, u!.!- f" t!r f!ne ili.il hive been ;.liowed Ly i!ie I;h .luei at a ;(-tu r ! met tm. Tne i r r c 1 1 t s fli il nj.kr fmh con pciiLtit.n to t!.e pr ll icn; t'ur l b ex t.iot. in ry tt'.uci !'!( t Aie bink, s to them Ih-li an; tar re im tidr, Sc. ". And -te it father cna-'td, T.Y'i the direct ..rs fjr t!je tisnr nn; h,,l h ivv tO'AcT tO I hit lll' Il t iilCftb ..H i iclV4..t 11 t;..Jer thtni. as .n ,y lc . c i if r y tT ivui tu.(; li : hu.in fsv)t I i i r i i 1 coi por.tmn, U to '!! . ,v i'thi So ij couipni t it jii b-r ti.-o 1-i a -? T ! ifv timely aS lb il IrrUl r ilo ia

b! ; . ,d li, .11 1) tap !)! (if t Xrr. ilii.t) liu it

,'.' . powers and nuthoi r.i s f

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peace or notary public ; a certificate where of rtull be made on lTid'bkllpt, by tbr iVd jugev juBicc f the peace or ticury public, Oetore whcni fuch a knowledgment ihall b,c m do, and l-d tilIor (lidl he fealcd up nd du cCitd to the calJnrr of the bank ; and being tr.ni'tmued ro f. td c. lhier, before the .iiUe of th e!ec?i.oi), llnll oc received and countcvt irt the choict of direflois. No fliirc or fhares lhall onfera right of iuffrage vuich fuall not have et i hohlen two calendar months previous tn the day of-rlecTioTl.; and the number of vort-s to wh th each Ilockholdcr ll; a 1 1 t? etiti-'e! ibill be in proportion tc ti e uum'jrr of fhurcs hr Ihli hold, as fo'Iows ; For one. dure, and notcxcercW ing to (hares, one vrte each ; for tvery two fliarrs 2. Sc not cxcr'rding 10, one vote ; for every 4 (hares above 10, and not exceeding 30, one vote ; f4i evr;y 6 fbsres ahove 30, and not t xrr rdiijj 60, one vote; for every 8 iharrs f.brfvH 6() yind not excee. i.'ii I00f gne vote; Sc fur eveiy t;! flj:rrs :ibuvc that number, one vote ; hut no pcrloii ftr p: rlous, bodies ccrporate orohfru', (hall be entitled to more than 0 vores; TrLVidtd, That this f dion xn.ty at any tone hr eaftr be altered of amen.'td iy coi'it'ij, in furh manner, as they m. y fre or ic as to'providc for an anuujl rotation of direcorr,.

Stc. 9. And be It -further enacted. Tint

the prcfident in the fum of 20 000 dollar; and the Ctlh.cr in tbr h,m ot 30,000 doll .rs ; the other fhYcrs aid b tvants uVH alfo tako an oth, 4iitf ruler into bond and frfiitity in fuch linns as the pitfident and diredors m-y prt ft nbe. i)ciflG. And be it further enacted Thrt the Uid bank fliall ne t at any tun uidnune or loan a greater fum than douoh thv a, mount of the capital -flock thereof, which ihali be actually paid in. Sec. IT. And be it further encchd, That fell bills, bonds, notes nd rw-tvMontraci or' cnagtMien:, on behalf 4 f the corporati nt lor the payment cf money (i all bgntu by the p; tii el t U cnuntei fu;M d hy tl i lhier ano iUr funds ct the corporation (hail m no tale belnhlr f r my- conti id or- rPK-f. inent, ut leis tl.r f.me flii.Il It- funned ud Qounterfinrd & af rrf ,10 ; nnd the pr r lident and dit til or s Ihll not ifiue any iioto tor a Imallri fum thnn five dcdlars. bee. 18. And be it furthtr enacted That it (h..ll not be lawful tor the prrfid. nt and difitto'? to drn.and cr receive a tratcr dib oum 01 intereft, thnn .it th rte n( rpa per Cent. h; CO davs, uunn an ui, cr ad

vanceoi nn r.ty sirth,t!iry inv flnir,

bee. 19 And be it farther .enact, d. That the (hares of the capital lit 1 lb litjetranfferable at any time, ua dn t lot U rul- S

' " 0y be eftablilhcd hy th- pr licit tit 4tid

one month pre i us 10 each cleclion of lit I o'lreclo'rs; but tio.-llnrk Hull b- ' bferrf d,

rtvAerj, tle c adder IlijIf tMnfe to he m,-di

nt a crriecl lid of all the fior kh.dd.-u, wbi(b Ihdl be fubject to the infieSiion cf a?,y iV; kholde-. Hec. 10. And be it further enacted, That no perfon lliill (r eh.;ibe to hoi J. the cilice id prriidei t or du edlo'", who i3 a citizm of the United States and a bona fide tlockhol

uer

Sr c. 11. And be it further encet d, Th 1 1 a m tj'-rity f 1 h.e v hoi- 1 t: in ' it r ol di rJtr.ri (hull b- nec- if iy in trie chuii e of a prflMmt nil c t fiiit ; tit tiiree member', wi'h the ; ufiJ ut m y conll.ftre a, bo -rJ itrtranf

rtiJr -.'- tbr of'inaiv hu';inef-

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.Sec . I 2 And be :l further 1 .;t.v. d, i !iU the pirfu t iit ai.u id, c c'.fo i ih JI, loon -3

thry m V derm it ;p .-unt, drrd m .1 d:--ident uf profits ; . d evfiy h'i u.r tljrie.ifier (!rU n-a!: rndd-ti.u- hici- '''ro detr!.5 of profit, as thry m ty d.-:-,n t uj !. brit r:o diwijVii.j (Uhll hr J-i i rd, cj;l pt O) a ma. of r'iC .ii .-. V s.

0

the ri'tfid-.-t

the Indner tbeieot bt 11 ind'itrd o the

bank, until fuch debt be i -fir d, r pt the prtlidcnt and directors Hull other wife eid cr it. ; Sec. 20. And be it further cn;:ct d, Tfut eveiy ii i kholdcr wl cinti (jr !' 1. V original fnbf.ription or by na, sfn, ih II be confide :td a n umber i t th : torpor-;tirn, :uid. y!,eu he 1 rafts to be u Oockh lder ho (hill tc-f t be a mrnibtr, Sr .21. Ar d be it further enzcud Tht ;t (!. ill , the amy of the pM' d -it, or in i.U f ien( r, inch oi r cf tbr dp , cf r :h-jr Ih ill . oint t fuj ).y h j I . e tor -.hr tinje, to p ll 1 at tnr bu..td i t i'ir Ctor tt vnte r.n ii (t. ifi )i s, to nn pr-tr. dinj of t!r bond, tO l .life 'h ordtrs h1 cfdut oris ot the bo-id t rr tam-d iitorf b Cl, to hru a1! boiui i, tt.r, tll o'!,-r r e,i a.? pic-1. 1 win h the Hi i t (l-rr f ' is p y ti otu t ,:ne ro '!,: it: --c't tn h AT ' tr

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