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Code · STATUTES-AT-LARGE · Vol. 15 STAT. · July 27, 1868 · Chapter CCLII

Chapter CCLII. *to incorporate the Evening Star Newspaper Company, of Washington.* July 27, 1868. *Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled,* That Crosby S

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Chap. CCLII.— An Act *to incorporate the Evening Star Newspaper Company, of Washington.* July 27, 1868. *Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled,* That Crosby S. Noyes, Clarence Evening Star Newspaper Company incorporated.B. Baker, Alexander R. Shepherd, George W. Adams, and Samuel H. Kauffman, and their associates and successors, are hereby created and declared a body corporate and politic by the name and style of the Evening Star Newspaper Company, of Washington, for the purpose of carry ing on the business of printing and publishing at the city of Washington, in the District of Columbia, and shall and may have perpetual succession, and be empowered in law to contract and be contracted with, to sue and Powers, &c. of corporation.be sued, plead and be impleaded, answer and be answered, defend and be defended in all courts of law and equity, and els[e]where, to make and use a common seal, and to change, alter, or renew the same at their pleasure, to adopt by-laws, issue certificates of stock, and generally to do and perform all things relative to the objects of their corporation, which is now and shall be lawful for any individual or body politic or corporate to do.
Sec. 2. *And be it further enacted,* That the affairs of said company Directors, quorum.shall be managed by a board of directors consisting of not less than five members or stockholders, three of whom shall constitute a quorum; and the officers thereof shall consist of a president, vice-president, secretary, Officers.and treasurer, who, with such other stockholders as may be added by the board, shall constitute an executive committee, which may, when the board of directors are not in session, exercise all the powers vested in the company, (except as may be otherwise provided by the board of directors in the by-laws of the company,) and a majority of the same shall consti tute a quorum.
Sec. 3. *And be it further enacted,* That the capital stock of the Capital stockcompany shall not be less than one hundred thousand dollars, nor more than two hundred thousand dollars, in shares of one thousand dollars each; and every stockholder shall be entitled to one vote at the elections Votes.of the company for every share therein by him or her owned; and a plurality of votes cast at any election shall elect. Sec. 4. *And be it further enacted,* That the company shall have Real estatepower to hold real estate suitable and proper for the conduct of its business; and the directors thereof shall have power to declare such dividends Dividends.of the profits of the company as they may deem proper.
Sec. 5. *And be it further enacted,* That the stockholders in said Individual liability of stockholders.company shall be individually liable for the debts of the company to the extent of the stock held by them respectively, at its par value. Sec. 6. *And be it further enacted,* That Congress may at any time Act may be altered.alter, amend, or revoke the said corporation. Approved, July 27, 1868.
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