CHAP. 306.—An ACT to incorporate the Alexandria Reform Club
Building Company.

Approved March 9, 1880.

1. Be it enacted by the general assembly, That J. C. O’ Neal,
J. W. Henderson, B. F. Carlin, W. H. Smith, H. M. Foltz, H.
W. Beadle, and such others as may hereafter be assuciated
with them, shall be and are hereby made and constituted a body

politic and corporate under the name and style of The Alex-
andria Reform Club Building Company, for the purpose of
erecting and constructing a building in the city of Alexandria,
which shall contain ample and convenient rooms for the use of
the Alexandria Reform Club, a commodious public hall and
such other apartments as said company shall deem suitable and
profitable, and shall have power to make such by-laws, rules and
regulations, not contrary to the laws of the United States or of
this commonwealth, as may, from time to time, be directed in
general meeting.
2. The capital stock of said company shall not be less than
three thousand nor more than twenty-five thousand dollars, to
be secured by subscription in shares of ten dollars each. One-
tenth of each share sball be payable on the first day of each
month until the whole amount is paid. If any stockholder
shall fail to pay any instalment of stock held by him when due,
five per centum of the same shall be added for each month till
all is paid.

3. It shall be lawful for the Alexandria Reform Club to pur-
chase and own the capital stock of said company, and the said
Alexandria Reform Club shall have the refusal of any and all
capital stock that may be offered for sale by any stockholder
of said company.

4. There shall be chosen at the first general meeting of the
stockholders and annually thereafter, a president, a vice-presi-
dent, a secretary and a treasurer, also a board of directors of
not more than nine or less than five, who shall have general
charge of the affairs of said company, according to the rules
and regulations of the same.

5. In the general meetings of said company, each stockholder
shall have one vote for each share of capital stock held by him.

6. The persons named herein are hereby appointed to open
books for subscriptions to the capital stock of said company at
such times and places as they may elect.

7. This act shall be in force from its passage.