Page:United States Statutes at Large Volume 6.djvu/498

 398 TWENTIETH CONGRESS. Sess. II. Ch. 49, 56. 1829. bond, executed by the said Thomas Grifhn, on the levy of the writ of fieri facias founded on the said judgment, and of the costs accruing thereon. Approved, March 2, 1829. Summa II. ... M“'°b 2- 1829- Cum-. XLIX. -—-— Jin Act for the bengfit of the trustees of the Valley Oreal; Aw. demy, in the state of ./Ylabama. Be it enacted, <§·c., That the Trustees of the Valley Creek Academy, Trpstees au- in the state of Alabama, be, and they are hereby, authorized to enter
 * ‘:"(::gi:‘°l6g;l with the Register of the Cahawba land district, in said state, the north.

&,,,_ °west quarter of section number twenty-six, in township number eigh. teen, range number ten; and upon paying to the receiver of public moneys for the said district, at the rate of one dollar and twenty-five cents an acre, the said trustees shall be entitled to receive a patent for the said quarter section, vesting the title to the same in them and their successors for ever. Am-novmv, March 2, 1829. Snnun II. ·- M¤¤‘°h 3» 1829- Can. LVI.—An dol to incorporate the Washington, dlexmzdria, and George _—~—_~_- Town Steam Packel Conqumy. Be it enacted, rfc., That from and after the passing of this act, all Members of those persons who have already associated and formed, or may hereafter 3;‘;:LQ‘;'g!ag:’;‘ join, a company or limited partnership, under the name and title of the body cm-Poms, Washington, Alexandria, and Baltimore Steam Packet Company, and cw. their successors, shall be, and they are hereby, incorporated, and made a body corporate, and politic, by the name and style of the Washington, Alexandria, and George Town Steam Packet Company; and, as such, shall continue until the first day of January, one thousand eight hunp;Mieg,,_ dred and forty-nine; and by that name may sue and be sued, impiead and be impleaded, answer and be answered, defend and be defended, in courts of records, and any other place whatsoever; and by that name may have and hold, purchase, receive, possess, enjoy, and retain, lands, rents, tenements, hereditaments, goods, chattels, and effects, of what nature, kind or quality, soever, necessary for the objects of this incorporation; and the same may sell, grant, demise, alien, and dispose of; and by that name shall have, during the continuance of this act, suv cession; and may make, have, and use a common seal, and the same may break, alter, and renew, at pleasure; and shall have power to or. dain, establish, and put in execution, such by-laws, ordinances, and regulations, as shall seem necessary and convenient for the government of the said corporation, not being contrary to law, nor the Constitution thereof; and, generally, to do and to execute all acts, necessary or proper for the objects of said incorporation, subject to the rules, regulations, restrictions, limitations, and provisions, herein described and declared. cmu}, Sec. 2. And be it further enacted, That the capital stock of the said Company shall consist of not exceeding seventy-five thousand dollars, money of the United States, to be divided into shares of one hundred dollars each. hasideut und Sec. 3. And be it further enacted, That the afairs of the said Com— d¤'°¤*°¥¤· pany shall be conducted by four Directors and a President, whose place, if chosen from among their number, shall be supplied by that body. Q¤°¤¤¤¤· Two of the Directors, with the President, shall form a board or quorum, for transacting all the business of the Company. In case of the lftgggggi of We sickness of the President, or his necessary absence, his place may be ' supphed by any Director, whom he, by writing, under his hand, may nominate for that purpose; or, in case of his not making such nomination, the Board may appoint a President to act during his sickness or absence. The President and Directors, who may be in office at the