TPuBLIC-No. 65.

AN ACT to incorporate Fire Insurance Company nGeor

 town, in the District of Columbia.
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AN ACT incorporate Fire Company inceorge

 town, in the District of Columbia.

 Be H enacted by the Senate and House of RehreaentatiUes ofthe United States o / .4me- rica in Congress assembled, That the sub scribers to this company, their successors and assigns, shall be, and they are hereby, created body polite and corporate, by the name and style of the "Potomac Fire Insurance Company of Georgetown" and shall by that name have succession, and shall be able to sue and be sued, implead and be impleaded, in all courts of law in the United States, and to make and use one common seal, and the same to altar and amend at their pleasure.

 Sec. 9. And De it ,further enacted, That subscriptions be opened in Georgetown, in the District aforesaid, under the direction of Francis Dodge, Raphael Semmes, Walter Smith, John Kurtz, William s. Nichols, L. G. Davidson, John Marbury, Joel Cruttenden- den, O. M. Linthicum, James Dunlop, Will liam G. Ridgeley, Samuel Humphreys, and William Hayman, as commissioners, or a ma- jority of them, for raising a capital stock of two hundred thousand dollars, divided into eight thousand shares of twenty-five dollars

 Sec. 3. .and De H further enacted, That the said Commissioners after giving ten days previous notice of the time and place for re- ceiving subscriptions of the said stock shall proceed to receive the same; and should the number of shares subscribed exceed the mum Der of which the capital stock consists, then, and in such case, the said Commissioners are hereby authorized and directed SO to appor- tion the shares subscribed among the several subscribers, by proportional reduction, as may reduce the whole to the aforesaid number of eight thousand shares.

 Sec. 4. find De H .ftrther enacted, That the sum of one dollar on each share shall be paid to the Commissioners at the time of sub scrbing, and a further sum of four dollars on each share of stock by instalments, after giv- ing thirty days previous notice to the stock holders, in one or more newspapers printed in the District of Columbia, not exceeding two dollars on each share; and that the re- mander of the said twenty five dollars shall be secured by notes payable on demand, sign ed and endorsed to the satisfaction of the President and Directors. The said notes shall be renewed whenever the directors may consider it proper; but the directors are here by required to cause the same to be renewed at least once in every twelve months; and every stockholder neglecting or refusing to renew his note, or neglecting or refusing to pay any instalment, when required by the President and Directors so to do, shall forfeit all his interest in this company, and be held