Kingston Gazette (Kingston, ON1810), July 14, 1818, p. 2

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aiihus of aonatinn nftlr to all to u i i iirse pre- skn issii alu omk r it kiokn and mode manifest 1 tlmf tcethf sntfuvjibers httoejw- itr i tn aswiii n tt i lifted 6-y- rskin and ac hereby agree tzmtcuch o i conduct hjytctxg jiaxhirxs in the manner heteintfft r specified atnl tls rbed hif and under tht name or ftjjis of the bank of upper canada a nt xir do iu rvbif miituuitjj oe ant dec tare and agree tfutt tin jvtloizixg iter and shut b ill fundan f a frtra of this ar ataatiuu mul a- ureuth xofth cart ttej which cr t i all persons icho at ant time here tij moil trutfanet hasiness teith the f ct uipuky shall be bound ami reg tcltted iui the capital stock of the s id coopau sdiqu not exceed out litrh and twenty pive thousand founds curreut none o thit roviuee divided nto lira thousand shares pf twenty li v- pondeaeh aud for the i said capita irtv in onfornvfy to such rule slinll capable rif serving as directors for f kilvc month u s aril of them shall b removed for maladmintl ration be fore the expiration of that period by a loucrni meeting of stockholders or snspmild as hereinafter provi- pr ami at their lirst meeting after m 1 etfcfjon hail choose out of their number a hnwent and vice-presl- dnt and their places respectively from time to twip ill up when vacant by death romuatiou absence from che province or removal as abovesaid in cns of death resignation absence from the pro vi nre for three mouth at a time or tin- removal of a director by th stockholders his plnoe in case of ueh removal shall be filled up bv the said stockholder and in the other en- eby the remaining directors or b fj- 1 it v ol them toerve however on- i until tw succeeding general meeting as abovr said fourth the directors for the time j being hal have power 0 appoint such ollicrsclerksnnd rrrantundrtbem a- shall be necessary for executing tlu business of the said company and to laiuvu them ueh compensation for their tcivire respectively as hall be rttioife abenud proper all which logethm p rposp of raising the stork a book of subscription hail be hfi vm building nouse- cpucd in iis town on thursday the otllppcolitiiigftncies hail kith instant at moores c li fron- hv rf oul of th fi the bcur often to two oclovk under tie s rintrndanceol join curninim leej in whituoy john m ijafoui john lruboi robert liipfiardqii mes nickalls and samuel shaw or nny wo ol them and to continue open wmut their superintendauce until there friil have been an election of diiec- tr fj horeinafier provided uliieh bek hall be headed with the present an ili of copaitnerhip or avree- n ii and hill continue open until the iiioleof the aid capital stock shall fcae been stibfterbrd lvery person r persons copartnership body poli tic or corporate who mvy or shall be come members ot iht association mayj suhscribc frsci nl o matij shares a h she or tiiey hall think lit not howevr mcppimng in thelirt insync two hundtcd hfires and it is hereby nti ed thai the shares revpetivly xub- ftibed hall be payable in jld or silver coin or montreal hank bills current in thk prottnce in the mnn- rv i lllwn tttitth to x two per centum when the uhne ol the sjoek has been la en and ten divs prvious notice baring bem uiveo in the kings ton gazette six per cent em to he 11 1 cfos within ten dns after thev m imthnclomi in manner here luafrer provided anofhj r payraeui not ec t n per centa a w hrn thny ka11 iquire it ot neh time and j are as thv shall appoint for that purpose gtvji thirty days oreviou- tini p a atv re and the remain- d i ha b- payable iu siirh iustalments a- a majority of tlw director shall aeree upon but o aftr instalment shall exceed ten per centum upon the capital stock for the payment of which thirfi daysticfieeshali always be give secind itfa fori ertnotuallyagrd jbpon that whenever the sum of two said company the said director hall likewise be capable of cxcrciiiofi uch other powers and nuthoritie- fo the well regulating and ordering of th nttair of th- n ooinpanv asshall precrib d by the tielavv and reg- oaions there f fifth li further covenanted uul ared upu ti and between th par ties to tlu agreement that if the aid capital sforfc of one hundred and twenty live thousand pounds is not ubicribed ii one mouth after tlu said hook of stihciipiinj shall huve been npt u d then and in sch casiit may bo ompeteul for any foru r ub-cri- b t or cubcrib to iiu r aseliis her orlvi subscription tn two hwudrd and fifty shares nod if te aforesaid 1 capital stork h ft subseribed ithin i two ruoiirhs aftr the said book of sub s ri prion shall nave been open d then aid in such case the d iictency iiay be mib cribed for by any person or per sons body politic or corporate s ah 1 1 ii ho ro by nxprdnlj an ex plicitly dcelaid to he the objct and intention nfthe persons who associate thnimus under the sty in or firm ol the bank nf upper canada that the joint stock or propeity of the said company exclusive of dividends to be ade in the manner hereinafter m n tinned ha alone be rchpnsible for he debts and nuaemeuts of w aid company and that no person who shall or may d ul with this com pany or to whom they shall or ma become iu any wise indebted shall oi any pretence w atver have recourse against the separate proper of atij present or future rauaiberof this com pany or againnt their persona farthei than may b uecebftry to secure the faithful application of the funds there of to the purees to which by thtise present they are liable but all per- pany zrer to these terms qre he bound thereby seventh- these iirlieles of at sliall be published iu the kingston gazette for three months a f the information of all peranrq w mav transact business with or in u man ner give credit to this coinp ver bond bill note or other tstrumc fl or contract by the effect oi terms ol which the company may b charged or held liable for tiic payufii of mo ney shall specally delaiv j s h form as ttv board of iire sn prescribe that payment shall fa wade out of tht joint jdids of tlu company according to the present twlfele ofas- socifitoti and ot fctiv and a cop of he sixth article of 1iis associ- zitiet shall beinserted in the bankbook of ever person depoiiiin money or other valuable property wilhthe com pany for safe custody or a ninted co py shall bo dtlivered to verv sncii person before any sucdepit shall be received from him and it ir hereby expressly declared that no engagement i can le legally made in the mme of the aid company miles- it conain a limi tation or restriction to the ofect above recited- aud the compaq berebi evpresly difurow all resusibilii for any dpbfnrs engagement which maj be made in i heir nami not con- tafniru a limifntiooor restriction to tin fl- t ifiea righth the number of vote to which each stockholder jr stock holders co partnership body politic or corporate holding hock p the faid company it ill be eniitlec on evety occafion when in rroformkj t tte prviti m and rcqui eoientt of thel aiticlcs the vote thereof ae to be given fbll he in he prooorfpa folhw- ing that is to fey for one fh and not i more than twi one vote for very two fliarc above two and not exrxdn te one vete making five vnr fir ten lh- for every four aareah0ve ten and not exceeding thirty one volt mikiii4 ten votes for thirty ftare j foi every fix thnra above thirty ari or exceeding tixty ojie vote makiig fifteen vote for futy tha and loi every right harts above fixt ai nor exceeding one hnndrd tote rooking twenty votes for on hundred bur no perlcin or per funs co-partner- hipt body politic oi corporate sail be eututcj to a greets nu than twenty votes and i flock houbr refident within this povuice or tile where mty vote by posy if he flie or they fhall fee fit or vided tlat inch prnxv be a ii r k holdi- aud tio poduee a fufficieat aitth nty fom his conlt ent or confttt uents fr reprdvutiu aud vonnp fr him hr or them pro vided alfo that after the flrl eleftiou of dircdftoim no fhareor ihare oftbevapi j tal lock of the compiny fbail eofifei a rijiht of voting cither in pcrfon or by pioxv which fhall not have been hohen duriug three calendar montht at the i tall t proprvor of two hundred and with lic cot ranr rifty barefl fliall have power al any tiftejj by themfelve or their proxies to call a general meeting of the stockholders for purpofes relative to the faid aflbciation giving at ieafl fix weeks notice thereof in at lead one nefpaoer publilhcd in this town and fpedfying in fnch notice the time and place for fnch meeting with thcohject or objccfls thereof and hc ditector or any levtu of them lhall have the like power at any time upon obferving the like formalize to call a jjtnera meeting as above faid and if the object for which any general meetiu called either by the stockholder or di redrs an above fai j hall be to confider of a propoffil for the removal of the pres- 1 fdeut vice prefijent or other director j or diitfler for mal adinrniftratioa i then and in fuch cafe the pcrf n or per- ions fo propofed to be rnnovtd hall from the day on which fuch notcc hall j fitft bepubliflied be fufpend d from the execution of the duties of his or their of fice and if he be the prcfident or vice predt his olace hall be tilled up by the remaining- direaors to ierve during the time of fuch fufpenfijn fourteenth every causier and clck twentieth ialf vcary 4virtcnrfs ihjll be midtr uf fo much of the profit of tlc company as hull appear to the direct ors advifeablc and hall be paynsle at fuch place or places as the iircufl hall appoint of which they hall give public notice in the king ton gazette ai leaft thirty days before and the d rtoh fhall every year at the general meeting for election thereof lay before iik snckhodem for their infoimaion an exti and particular ftattmut of the amount of the debt due to and by the company fpecifyiugthe amount of bank notes then in circulation and the a- mouit of fach debts as in their opinion are bad or doubtful as alfo hating the lurplns or profit if any remaining after deduction of lofle provifion- for div idends provided that the rendc ingof fuch ftatements asail not extend to give aiy ight to the stockholder not direc tors to mipc the account of any inrlf- vidua or individuals with the company twenty frjt if there hall be a fafl ure in payiicit of any part of the furn or fiiares fublcribed by s y pcrfon oi v- foris co partnerfhlp bby stltic cor ptrate the party failing iq paying the ad faithful behaviour anj every clerk j with like condition and fureties in fuch fiun ns the dirtflor liall confider ade- auate to the truft to bf repnfcd iu him fifteenth the company thall not hold any lands and tenaments but fuch as maybe neceflry tor the transaction j and accommodation of the bnfinefa of the bank aid for no other purpofe it fiiajl neverthelefs be competent for the dfreurs on eh ilf of the company to lake and hold mortgage on property by j iy of additional ftcurhy fordtbt con of the rank before he enters upon the du urft inlialment ol ix per emu e ttesofhts office hall give bond with ding the dcnoflt oftwofer rsntum hereiq two or m- re furetics to the fatisfaftiffn bfore required to be made at tne npe of rhc direnrft that is to fay every of fobfcribing fhall reipeftivelv forfeit caihiei in a fum not iff than ten thou- the faid depofu to and for the life nfthe fand founds with condition for his good j faid company and the fivck ihail be f dd at public fale for the behoof of the company and oi failure of r he other tnltalments or ny of them th party oi parties failing therein hall for feit theoiginal depofit of two per cent um and the dividends unpaid prior tn j the time for making fuch payment and during the delay of the fame twenty fecond the laid ompnny fltiilrot owelty or indlredly deal ia any thing excepting bilu ofjcxchnge gold or giver bullion or jn the ale of guot really and t uly pledged for mo ney lent and not redeemed in due time or tn the falc of ftcfe pledged t money t rafted wit 1 1 the faid company in the courfe of ith dealings but o no ac- j count hi ill money be lent upon snort lent and not fo redeemed which faid ratje or upon land and other fixed propjjgooda and ftock fo pledged and upon that wuonver the sum ot twoll i nr j uo tin m d vh hm have beoti ac- p fh mr able but all per- tuuh d- poit dr paid in on account j 80 ho bii note oi or the brriptiiv to tin- said stock cantwi this company laj riutue thereof hal be tt by tin- in thl imfit or viccivmdeut ijivi pri ondr whose supcrihtcndanco lb iane hall haw been received in tfce kutjt gazette and the qid persons shall m th ame time in hkej irsi notilv the rime and place of hfmbt a meeting of the subscriber which shall be at the distance of not cr an ten from the time of uch iio- rmon for proceeding to thehoc- tiio f i h number of director- herein- f r numitiuivl and mjch lection shall ion and there bp made bv a ma- jirrify of vhr votod for in manner hereitiafterpresctibi d in rep ct to the annoal election- of lintfir audth ptonsvh hall then and there be chosen hal be the firt di wff and abfttl bp capable of kervitifl uutit the expiration f the da ix d for making thi rj uil h eii n and he director i h sen hall as mojj thocalter a circtjmytincescab conveniently auow i of t umc- tin- business and opera tion ol mie said bank but no liank jjtlls nr liuk notts bail be iasued or pnt in circa iatiesmior any bill or note b di counted at the bank until tnti thuatid lund ii jold r silv r oi montreal hank notos shall be actual pnd in aud recued on account of rh j 50pcliptinn u the said capital stuck third for the good manaemcnt of the alfaii o the raid asuciatin or company there hall o tuiiten i- ireijr whoshal bi annually elected b le proprietors or holders of tin- airi cipitnl stik al a evnral me tint 1ieroji b aunuhllv fiowlen fft vfbn h ujioia p j the sd pfopri-tor- ujid f w ltd r- hail fe qccoidihtr t ih vv latter e aiilnd r tt votiiift at niiun rt etin ouu tue incctoi j so choaeu r u nu ad eoinh riucd or attested h th cahierof the company foj the tin bein or dealing m ith it in any oth rr manner uhatv- r thereby renpec- frrrry ive credit to the said joint to k or property of the aid company and therr 1 respectively diifw ba vin reemiise on any pretence what ever to the person or separate proper ty of any prcseni or future member of this company except as abovemeu- tioned and all suit to b brought aaint thi company ii any shall bv shall i brought against the president for the time bhi aud in cae of hi death or removal from office pndin iiny sit aaini him rnoa uro sh 1 b rnketi at thi expence of the eompaiiy for uliitifirtg hr uccessorin otlici a d f udjint ra tiiat persons hat in- dmand- upon the company may no be prejudiced m delayed ty that event or if the peron uiinx shall 40 on aj- ain t the person firt named as defen dant notwithstanding iii- death or re in val from oiliee this company gltttl falie no advantage of such proceeding n that n count and all ncovcrie i h id in manner aforesaid shall be con- iiimv- np11 the company so far a to render the company said jolii- torkor pn p rfy liable thereby and w further and the company shall immediately pay theamou- t ofsochre- coverj out if their jiut stock but nor uherhise and in cae of an y suit at is v the eidit foi the tirn- beinu hall have full powrr iu his own name 041 n behalf of tlk company tn p eufe to judmei and exe- atiort in the manner and farm hi the avs ol rfc i rovii h i- p ij i hl l 1 r w utltlfv h ah penon dealing a iih the said com tot fo redeemed hsd be fold by the faid company at public sale at any lime not left than ten day- after the period for redemption and if upon fnch falc of good of stock there hall he a furpltlb after deducting the expenecs of sale over the payment of the m- ncjf lent fuch fnrolu fliaili bt nail taitfl pthrietl i hei r f it fpculvi iy twenty third the board of iu reotp arr- hereby folly cmp to make fuch xhc bve laws ad regula tions for 1 he government of the afljirii of the company and that of their oftv- cers and tcrvan a a they or a m j ity cif thorn hall from time to time ih k ex edint not ttco fiihnt with law op cbtfe an we of iiciatf n twenty f j rt i hi affo fir ii continue t yearbfiom the irit day it commence operation and no longer but the proprietors of two third of rhc capita stock of tin compaoj may hy their concurring vte5 at a enrral tneo ting t- be called for that erefs pir- poe revife or ater thefe articles o any of tem o defoive th company at any prior period j provided tha not ce of filch meeting nd its object fhail he publifhed in all the provincial kewap pers for six months previous to the tirre appointed for fuch meeting and pro vided alfo that no revifion ci alteration of thefe articles lhall futjrs aiy ftock- holder or stockholder to be bound be yond ihe amount of hiu her or their stork twenty fifth immediately o any diflviton of this aflocfation elftnal mafures hall be taken by the diredtora ther exilliog torclofini ah the concerni cf the company and for dividmo the ca pital and pr- fits which may regain part f a hare or oher than a comp cte among the stocks tdtr in piopertion mg twelve nfto of whicfi the m of be af i tl call prior to the day f eledion or of he general meeting where the votes cf j the hock holders are w beiven ninth ntnc but a hick holder ac tually refident in th 10f ktitgfteiu and holding at icaft ten lhaics in the cap ltd lloek 9 and being a natural born fnbjj jj a of hi majcliy or a fnbjca of hu j najelly naturaized bv aft of the but- j in parliament o a fulj a f his ma- jmty havinc become mch by the con- quell and ceffion of thitf province or any erty nor inch be purchafed by ihf com pany npiui any pietext except io the fpecial rafc above recited sixteenth the total amount of the debts which the company fhall at any time owe whether by bond bill or n te or other contract wrhatfoever fliall nv exceed hiebu the amonnt of the uaip- fial mck actually paid in verand a- bevr a turn qal in amount to inch ronoey aamay e depofited in the bak for f f e keeping and in cafe ofexcfs the ditedira under whofc admrnijtra tfon it flwll ha open fliall be liable for th fame i their natural and private canaciie- but it fliall not exemnt tbej com any or the ian is teeemct- goods rc then of from bein alio lable for fuch excef- fuch dinors bowev er as hall hav- been abieat vhei the faid excel was contracted or fhall have cn- terel their protctl agaiflit it upon the minutes ef tiie proceedings of the bord may refpcclively exhouorate and di clmgfe themfclves therefrom by pleid- inu ad pnvjng fuch abfence or hewing i fuch minutes seventeenth the fhares of the capi tal stock lhall be aflignablc and trans- j ferjble according to fuch rnlea and forms j a may be rilabliihed in that behalf by thi board of direors but no affign- menr or transfer flndl be valid or effc- i lull unlci fuch afiignment ot transfer immediately preceded f day of elec tion fhall be cap aide 4 being elected or th fen a director uf t laid bank orj had ferve a fuch tenth niiu- of rhe pfreftors in c ffi c fhall be re elected for he next iuccecd- prcviouuy difcharge all debt- actually due by him j her or thrm to the faid company whii h may exceed in amount the lemainiug ifock belonging to fuch perfon or pet- jfona and h no cafe lhall any fratvn d i dent and vice prelidc always be of t umber eleventh no diief dl be enti tled t any falary or emolument unlef t the faae hall have bee alhaved to him i by a genera meeting l ftck hold- 1 i tran fcrahle it is hereby further ex- pregiy agreed and declared that any j ftock holder who fhall transfer in man- i ner afwefaid all his lock or fharcs in this company to any other peifm or j perfona whatever hail ipfo facto ceafe t er but the lock hold 8 make fuch i m w j- ccate to conpemfaaoi to the ptfidett or vce- bc a me f camnany and that preiident for their exaordinuy attend f lr 9f vvhatfoever who anceatthebaukaslh a to their jj hwc a transfer of any ftock or to be reaiooable and j twelfth not lefs t fi drftorm fhall cottnetca boaid 1anfaifliofl j of bufiuefc whereof lnc p efideni or vicepiciident flrdl a lv otte ex cept in cafe of iicknel a necellaiy ab- es in thh company hvl ipfo fa3- become and be a member of thi co-npa- jnyaccordinq to thefe articles of aflbcia- ti hi eighteenth 4 11 bilb bonds notes ard every contraft and enearment on be- l company fhall be figned by to their refpeftive tutercft iu witnf whereof we have hereunr to let our names ac king lion 7 3 months the prefidcn or abtcnt lhall refpee by wriiing f ier of the ompanv and the funds o r i f fhal in no cafe be htld re- uuder their hand- apn ijo onfible for any cootr or jl oe he pd whatever an f the fame fhame dent fl p fo figned and coutcrfigned or attend m and in cafe of t w c bcl an equal l ul l number of votes for a again u any quettion before them nc n lident and ill hi alienee the vcfidcut fliall have a eahsng voice thirteenth any n of ftockhoj dci dut icfi tli4ii lir w together nineteenth the b oks paper cor refpondeuee and funds of the company fhall at all ii nes be fuhjed to the fprfliou of the diicoi but n he jhohlcrnot diitetor fhall hifpes t e ac count of any iudiviflval or bdividuaia i cpcbmahrd by krourstj from the canadian courant mr mowfr the caufe that requires putting adver tifemeutshkr thofeof a quack dodor mul be as bad as rhc delete i us dntga that are palmed upon a pr dnloua public for healthful phfic i fee h yam lall number a kind of debtor and creditor ftatetn nt of offer ce for which bills oi rudfament have be n found againft panics corraced rfieflfvey wh the noah well aropany and the hitdfon ilay company i a- i not tt ter into the accuracy orthe inacuarcy f he account nor defcant on hc hmngenuity of confonnding ptincipala and acceftaiies but will take leave to 1 ell he accountant that however much his ri honoural e mailer may have gol a m itterrng a t a correa njtthod of kv 1 i i ncaniile accojtntr ff rit iir the prtvti cdiret- of his commercial tiva ivb- hr got hold uf tlu ro tt lo t vviliim a fair account tt rrcne cannot

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