Page:United States Statutes at Large Volume 11.djvu/537

 THIRTY-FOURTH CONGRESS. Sess. III. Ch. 48, 49. 1857. 497 Cuar. XLVHI.-—An Act for the Relic/`¢y'J0nalhan Painterga Bhmk Man, who acted as Feb. 16, 1857- a Spy in the War of eighteen hundred and twelve. '__";`- Bc it enacted ky the Senate and House of Representatives of the United States of America in Congress assembled, That the Secretary of the J°¤:=**l;)¤¤ I;¤·i¤*‘; Interior is hereby directed to place the name of Jonathan Painter (a black  p:,,,;;,, fio?:,, man) on the pension list, at the rate of eight dollars per month, to com- $8 per mouth mence on the fourth day of September, one thousand eight hundred and ig: 3:%*;:9 *• fifty-six, and to continue during his life. ’ ` Approved, February 16, 1857. Crrnr. XI.,IX.—An Act to Incorporate an Insurance Company in the City of lVaslzington. Fab, 16, 1857, Be 'it enacted by the Senate and House of Representatives of the United ;"`“'“ States of America in Ormgress assembled, That Silas H. Hill, William B. N,m,,,,,_ Todd, Samuel Bacon, William Wall, Benjamin Beall, Charles Miller, Joseph Bryan, M. W. Galt, Augustus E. Perry, J. C. McGuire, William F. Bayly, Walter Harper, Walter Lennox, and Wihiam T. Dove, and their associates and successors, shall be, and they are hereby declared to be, a body politic and corporate by the name and style of the l¢Vashington Tins. Insurance Company, for the purpose of making insurance on dwellings, houses, stores, and all other kinds of buildings, vessels in port, house General powers furniture, merchandise, and all other kinds of property, against loss and damage by tire ; and also to make insurance on vessels, merchandise, freight, specie, bullion, commissions, profits, bank—notes, bills of exchange, and other evidences of debt, bottomry and respondentia interests, and all other personal property, or interests in or touching property at sea., land or water; and that the corporation hereby created shall, by the same name, have succession, and shall be capable in law to sue and be sued, implcad and be impleaded, in all courts of law and equity, or elsewhere, and to make and to have a common seal, and the same to break, alter, and renew at their pleasure. Sec. 2. And be it further enacted, That the persons named in the foregoing section, or a majority of them, are hereby authorized to open a Capim stock subscription in the city of Washington for raising a capital stock of two how raised. hundred thousand dollars, in shares of twenty dollars each, and that each person on subscribing, shall pay to the persons above mentioned four dollars on each share subscribed for; and that the remainder of the said twenty dollars shall be secured by negotiable notes, signed and endorsed to the satisfaction of said persons, or a- majority of them, and payment thereof may be demanded at such times and in such proportions as the president and directors hereafter mentioned shall judge advisable, giving six weeks' notice in three of the gazettes printed in the District of Columbia, Sec. 3. And be it further enacted, That every subscriber shall be entitled to vote by himself, his agent, or proxy, appointed under his hand Voters. and seal, attested by two witnesses, at elections made by virtue of this act, and shall have as many votes as he holds shares; and every stockholder, not in debt to the company, may, with the assent of the president and directors, in person or by power of attorney, assign and transfer his -;,-,,1,;,, of stock in the company on the books of the same, or any part thereof, not ¤b¤¤=¤· less than a share; but no stockholders indebted to the company shall be permitted to make a transfer or receive a dividend until such debt is paid or secured to the satisfaction of the president and directors. Sec. 4. And be it further enacted, That as soon as five thousand shares shall be subscribed, the persons hereby authorized to receive subscriptions shall call a meeting of the subscribers, giving two weeks’ notice in two First meeting of the papers printed within the District, and the subscribers who shall assemble, in person or by proxy, shall choose, by ballot, from among the stockholders, by a majority of votes, nine directors, who shall continue in