lypplement TO THE KINGSTON GAZETTE. TUESi>A \\lEFTEMBEil 22: - - f * V • m * • ■ • * ■ Articles of Association of the BAN K OF UPPER CAN A DA. ■ *W ALL TO WHOM THESK PRE¬ SENTS SHALL COilK. ft ft a:/>^c// and made manifest, _JI M(*/ roc i/ie Sukscribi rs havejor- niiid tin Associaton or limited Lo-part- iwrship, and do hereby agt ee a*** euch other, to conduct BdSKlNG Business fo f/ie manner hereinafter specified and ^aiJ n,en and there be made by a ina- shall exceed fen per crnlvni upon the capital stork, for the payment < f which thirty days noticeshall ;il ways be given. Second. It is further mutually agreed upon, that whenever the sum of two thousand pounds shall have been ac¬ tually deposited or paid in on account of th# subscriptions to the said stock, notice then of shall be given by the person* under whose superintendance tin* same shall have been received, in the Kingston Gazette, and the said persons shall at the same time in like manner, notify the time and place of holding a meeting of the subscribers, which shall bt* at lh« distance of not lets than ten days ffomiho time of such notification for proceeding to the elec¬ tion of the number of Directors herein¬ after mentioned ; and such election with the expeticesof bnildin?, house- stock or property liable thereby, arfd rent andall other contingencies, shall no further ; and the Company shell be defrayed, out of the funds of the immediately pay the amount of such re- said Company. The said Directors covery out of their joint stock, but not shall likewise be capable of exercising otherwise. And in case of any suit at such other powers and authorities for Law, the President, for the lime tojtng the well regulating and ordeiiug of the shall have full power in his own name, described, by and under the name or "Style of the Bank of Upper Canaoa. And zee do hereby mutually covenant jorilv «>f shares voted for, in manner hereinaffei prescribed, iu respect to the aonuaJelections of Directors; audthe reg nffaW of *'"- said Company, as shall be prescribed by the Bye-Laws and Reg¬ ulations thereof. F/JIk. It is further covenanted and agreed upon by and between the par- tie? to this agreement, that if the said Capital Stock of One Hundred and Twenty five thousand pounds is not subscribed in one mouth after the said Book of subscription shall have been opened, then, and in such case it may be competent for any former subscri¬ be;- or subscribers, to increase his, her, ortheif subscriptions to two hundred and 'fifty shares; and if the aforesaid CapitafStoek is not subscribed within two months after the said Book of sub- deelnre and a (fee. that the ftdUrMltg^ ore and shall, be tin fundamental Ar¬ ticles a/this our Assticiatimi ami a- expiration of'the day fixed for tflaking persons who shall then and there be sciiptiou shall have b -en opened, then, J I tit** 1_ chosen, shall b# (he first Directors, and shall be i.uiv.i)le of serving until the greemeni with ewh other. b$ which v:e and all persons who at tun/ lime here- after may Irausatt business with the said Company-shallbe botitidand reg¬ ulated* First. The Capital Stock of the said Company shall not exceed Out' Hundred mid Twenty Five Tlvjusu-nd Pounds current money of ihUProfiuee. divided into five thousand shares of twenty five Pounds each ; ard for the purpose of raising th# said CapifiU the annualelection : and inc Direct- rs so chosen, shnll as soon thereafter as circumatauces iViia. eojvvtswiriitTy allow of, commence the business and opera- tious ot the said Hank, but no Bank be discounted ui the Bank, until ivii thousand hounds in jjnld or surer, or stHxW, n br»k of vaX»K«u'(i>V.'v;i»i favM foe opened in this Town on Thursday the 1 K in-innL at Moore's C. il. from tMiiours ol ten tn fwo o'cloi k, under the snperlntpndttweeof John Cummiug, Benjamin Whitney, John M- Balfour, John Ferguson, Robert liichaidinn, the Bank of Upper Canada, that the Liilj, or tv.nk Notes halt be issued or joint .slock or property of the said put m circulation, nor any Bill or Note Company, (exclusive of dividends to be mad? iu the manner heieinaftcr mention, d) shall alone be responsible k-\ ihede.,ts and ei^a^mLots of the said Company. And that lip pfcisou, who shall or may d«al wnii this Com¬ pany c.j to \>l;oui Hi■■ y btod^l k.\ ntay become in any wi..e indcbiv.d5 s'.:ull on any pretiMtce w!.alevnr liave rcco,n.e igZ\inst the separate property ot any peseut or future metnber ol this cotu- pany, or against their persousj iarther than may be wevftfeOT) to secure tne and in such case, the deficiency may be subscribed for by any person or per¬ sons, body politic or corporate. Sixth. 11 is hereby expre.siy and ex plicitly declared, to be the object and intention of the. persons who associate soeiutioii. and ryot otherwise ; and a themselves, undei the style or lirm of copy of the sixth article of this associ- and on behalf of the Company, to pro¬ secute to judgment and execution Viti the manner and form as by the laws of this Province it H provided ; it b.'#g' expressly understood and declared that all persons dealing with the said Com¬ pany a^ree to these terms, and are to be bound thereby. Seventh. Thesearticles of agreement shall be published in the Kingston Gazette fdr three months, and for the information of all persons who may transact business with or in any man¬ ner give credit tc this company, every Bond, Bill, Note, or other instrument or contract, by the effect or terms of which the Company may be charged or held liable, for the payment of mo¬ ney, shall specially declare, in such torm as the Board of Directors shall prescribe^ that payment shall be made out oj the joint funds of this Company^ according- to ike present articles ofas* Montreal bunk uo£c& shall !>e actually paid in and received on Recount of the bupsmpliaits to the said Capital Stock. 't'nitd* i <»i til* ^K/C* .».%«..*• -I. -..I or the ailaira ol the said Association or Company, there shall be tiiirtecn Di- reeiorr, wliosiiall be aniiually elecictl by the proprietors or holders of the said capital htock, at a general meeting thereof Lo beannuulh holden : at which James Nickalls, and Samuel Shaw, or annual meeting the said proprietors laitliful application ol the funds there- any two of them; and to continue open and stockholders shall vote according of. to the put poses to which by these under their superiniendauce until these tj the ruie nei> mailer e>ta'ulisiied, in presents they are liable. Bui all per- sliall have been an election of Oirec- ^uvrt tn uatiua at «rpu«r:il im-.-fii. js • sniw aeeenfintf any bond* b;ll note or shall have been an election of Direc- resp,'ct to votiiig at general meetings; ti>rs as hereinafter provided, which and the Direciois so chosen !>y a ma- Book shall be headed with the present jority in conformity to such ru'le, stiail Ai tides of Copartnership or Agree- *nc. capable of serving as Directory for tweiVe inou tiits (unless any of them shall * ment, and shall continue open until the whole of the said Capital Slock shall have been subscribed, Evftry person or persons, co-partnership, body poli¬ tic or corporate, who may or shall be¬ come members of this association, may ^bub^tribe forsueh and so many shares, as he, she, or they shall think ht, not however exceeding in thehrst instapce Wo hundred shares, and it is hereby agreed that the shares respectively sub- scrilvd, shall be payable ill Gold or Silver coin, or M-mtreal Bank Bills, current in this Province, in the man- »er following, that is in bay, two per centum when the wrhole of the Stock h-is been la.en and ten days previous notice having beeugiVeutn the Iviu^s- tfiu Gazette ; six per centum to the birectois, within ten days afier (hey RhnU bavebsen chosen in manner hew- feiafter provided : another payment not exceeding ten pef ctJiitum*. whenever they shall require it, ^t such time and p'ice as they shall appoint for that purpose, g":vitig thirty days previous Boficc as aforesaid ; and ihe remain¬ der -hait be payable in Such instalments a-* a majority of the Directors shall Jgg»$ upon ; but n^ iiitei' ui*$aluieut son.-, a/eep(ing any bond, bill note or other contract of ttth company, signed by tile President, or V.tc'-i'iesident, Mid eount^tvigncd or attested by the Cashier of the company, tor LUe lime betujb or de^iiugf with it in any other manner wnaUocvcr, thereby respec¬ tively givi; Civdit to tin; wal joint bto^k or property of the said Company, and (uereby respectively disavow lux- vin$ rreourse, on an) pieteuce iiHat- lie rctnoved ior mal-admiuiatjatiou be¬ fore the expiration ol thai period by a general meeting of stockholders, or unless suspended as hereinafter provi¬ ded) and at their first meeting after Pitch election, shall choose out of their number,a President and Vice-Pre^U dent, and their places respectively, from t'.meto time, lill tip v.hrn vacant by death, resignation, absence from the 1 i nince, or removal as abovesaid. 1\\ c»j ol death, resignation,absence from the Piovince for three months at a time, or the removal ot a Director by the stockholders^ his place in case of any suit against him; measures siiail be such removal shall be filled tip by the taken at the expeuce oi ti*e compuuy for substituting his successor in oUicc ation shall be inserted in the bunk b'ok of every person depositing money oc Other valuable property with the Com¬ pany for safe custod), or a printed co¬ py shall be delivered to every suvh 5>ersor» before any such deposit shallfafl received from him. And it is hereby espre&dy declaied, that no en-zngemuit cull £-- le^hJ)) .made in the name ol ihe said Cor,*ji<uvy;unlessj,t contain a Wmlm talionor. resfiiction, <o the effect abwe recited. And the Company hereby expressly disavow all responsibility for any debtors engagement, which may be made in their name, not con¬ taining a limitation or restriction to the elfect aforesaid. Eighth. The number of votes to which each Stockholder or Stock* holders, Co-partuerfhip body politic or corporate, holding Rock in the Lid Coinpany( {hall he entitled on evciy occalion, when in conformity to the pr^vi'liuna and requirements of thde ai tides, the votea thereof are to be givea, fhali be in the proporrion follow* log, that Id to lay, For one fhare> and not mote than two, one vote ; for every two (hares above two, and not exceeding ten, ever, to the person or separate proper- one vytei making five votes for tea tj of any present or future member ot flla:-.;tf . i:Ui every four {hares above in, except as ab'^veincn- this Company, tioned. And all suits to be brut^ht against this Company (itmjf shall oe) shall be brought again^C the President for the time being: aud iu case oi* Ids death or removal from olliee, pending said stockholders, and ill the other ca- ses by the remaining Directors, or a majority of them, to serve however, on¬ ly dntU tw succeeding general meeting as abovesaid. Fourth. The Directors for the time being tJtall lutve power to appoint sucii oilicers. clerks, uud servants under them as shall be necessary lor ex< ccting the busitieftS oi the said Cu hip an J , an.d to a se abl as a defendant ; :-o that persons having demands upon t.he company, tijaj u»>t and nut exceeding thirty, one vett, making ten votes for thirty (hares; (or every fix (hares above thirty, and not exceeding fixty, one vote, n?akii»g ftfreeti votes for fixly Hiareii ; and (or every eight (hares above lixty, and not Oicceijing' one hundred,h one vote, making-twenty voles for one bundled. But no pcrion or peiion&, Co-paYt»ur- Ihip, body politic o; corpucate, (lull he entitled to a greater number than be pvcjntii.-eJordela^eai)., Uiatevi-m, twenty votes, and all Suck huh'-is or if the person suing, shall ^o on a^- rclidci.t within this Province, or tife- aiiiM tiie person.'first nanveu us defeu- ^here, may vote by ptoxy, if he, llu-, tlan(, (notwititstaieling nil death or re-- $ tney ^rj fce ^ pf^viJe<J that fuc'i moval from olfue) this cbinpau-y Miail pr, xy be a Hock hoh'cr, and c!o proHu.e take no advantage of such pioceeu.ug a fu|fic;enl authority from hi« conHitu- on that account; and all rccovvn.es tflU Q, coluijtuei!ts for fc ,-eprefcntK jllow ^hemsuc.h eoinpciisation for their had in manner aforesaid, shall be con- and von„g for him, hc», or them, ptd- iervices iespecti\.iv as- ;.hal! ber<;a-on- clu.-ive u^ou the company, so tar as vjt,c<1 ^^ ^ artcr i1jc f.rft c|cC^;0# 0f ible&ud proper-, ±H MUth, to^etUet io render the Company's $&&joMK J^reftorfc «© fliwo^ fl»«6 ©t'tutfeap^ 61