Page:United States Statutes at Large Volume 6.djvu/235

 THIRTEENTH CONGRESS. Sess. II. Ch. 55. 1814. 135 Porter, and of the officers and crews by whom the said vessels were captured, as a compensation to the said David Porter, and the said officers and crews, for their zeal and activity in capturing the same: and that the said Captain David Porter be hereby authorized to receive from the secretary of the treasury the amount of the said net proceeds of the aforesaid sales, to be paid by the said secretary of the treasury out of any money not otherwise appropriated; and upon receiving the same the said David Porter is authorized and instructed to distribute it amongst the said officers and crews, in the proportions, and agreeably to the regulations of the laws of the United States, for the distribution of prize money. Avrxovun, April 13, 1814. W Srarums II. CHAP. LV. —An Act to incorporate a company for the purpose of supplying April 13, 1814, Georgetown wat}:. water. ’_`“‘*"""" Be it enacted, ¢§·c., That a company shall be incorporated for the purpose of introducing a copious supply of pure water into Georgetown, District of Columbia, and that the capital stock of said company shall consist of five thousand shares of ten dollars each, and that subscriptions for the same be opened in Georgetown on the third Monday in May next, under the direction of Henry Foxall, Daniel Bussard, Cle· Commissionment Smith, John Gossler, John Eliason, Williamt Marbury, Thomas °"if°’.’*;?""""g Corcoran, Washington Bowie, Thomas Robertson, Ninian Magruder, Su Emp Kms` Joel Brown, and William Crawford, commissioners, or a majority of them. Sec. 2. And be it further enacted, That the said commissioners, Regulations after giving ten days’ previous notice in two newspapers published in Wim ’*?SFZ*’°**° the District of Columbia, shall, on the day before mentioned, proceed s°bs°Upu°nS' to receive such subscriptions, but no person or persons, bodies corporate, or otherwise, shall be permitted to subscribe on the first day for more than ten shares; and if the whole amount be not subscribed on the first day, the books shall remain open on the second day, when individuals or bodies corporate, or otherwise, shall subscribe for double the number allowed on the first day; and if on the end of the second day the whole amount of shares are not subscribed for, the books are to be closed, and the said commissioners may at any time receive subscriptions for such number of shares as remain unsubscribed for: Provided YfoVi¤0· always, That if the subscriptions shall, on the first day, exceed the number of shares herein before allowed, then, and in such case, the said commissioners are hereby authorized and directed so to apportion the shares subscribed among the several subscribers, by such proportional reduction as may reduce the whole to the number allotted. Sec. 3. And be it further enacted, That it shall be the duty of the C¤mmiS¤i0¤· said commissioners to conduct every operation of the said institution, sg; grjggpsgif until they shall be superseded by the appointment of directors. the compqnytill Sec. 4. And be it further enacted, That the sum of one dollar shall dif8Q¤<>YSd¤1‘·> be paid to the said commissioners on each share at the time of sub- alggglglsgs, scribing, and the remaining nine dollars by instalments not exceeding how made, sw, two dollars at each instalment, as may be required by the president and directors to be appointed in the mode hereinafter prescribed, on giving twenty days' notice in two newspapers printed in the District of Columbia; and in case of failure in the payment of all or any part of said instalments for the space of ten days after the same shall have become payable, every share on which such failure shall have taken place shall be forfeited to the company. _ Sec. 5. And be it further enacted, That the subscribers for the said Stébscflbvgs stock, and their successors, shall be, and they are hereby declared to ;,‘:i,,}°cf" b° Y be a body politic and corporate, by the name and style of '1‘he George-