IMAGE EVALUATION TEST TARGET (MT-3) ^ z. 1.0 1.1 11.25 làâ|2^ |25 itt l&i |22 .4 -i^.^ v^* ■^ Photographie Sciences Corporation 23 WEST MAIN STRIiT WIBSTH.N.Y. 14580 (716) 872-4503 CIHM/ICMH Microfiche Séries. CIHM/ICMH Collection de microfiches. Canadian thstituta for Historicai Microreproductions / Institut canadien de microreproductions historiques Tachnical and Bibliographie Notaa/Notas tachniquas at bibliographiquaa Th to Tha inatituta haa attamptad to obtain tha baat original eopy availabla for fflming. Faaturaa of thia copy which may ba bibliographically uniqua, which may altar any of tha imagaa in tha raproduction. or which may aignificantiy ehanga tha uaual mathod of filming. ara chackad balow. □ Colourad covara/ Couvartura da coulaur r~n Covara damagad/ Couvartura andommagéa □ Covara raatorad and/or laminatad/ Couvartura raatauréa at/ou pallicuMa □ Covar titia miaaing/ La titra da couvartura manqua □ Colourad mapa/ Cartaa géographiquaa 9n coulaur D D D D Colourad ink (i.a. othar than blua or black)/ Encra da coulaur (I.a. autra qua blaua ou noira) I — I Colourad plataa and/or illuatratlona/ D Planchaa at/ou illuatratlona an coulaur Bound with othar matatial/ Ralié avac d'autraa documanta Tight binding may cauaa ahadowa or diatortlon along intarior margin/ Laraliura sarréa paut cauaar da l'ombra ou da la dlstoraion la long da la marga intériaura Blank iaavaa addad during rastoration may appaar within tha taxt. Whanavar poaaibla, thasa hava baan omittad from filming/ Il aa paut qua cartainaa pagaa blanchaa ajoutéaa lora d'una raatauratlon apparalaaant dana la taxta. maia, lorsqua cala était poaaibla, caa pagaa n'ont paa été filméaa. Additional commants:/ Commantairaa aupplémantairaa: L'Inatitut a microfilmé la maillaur axamplaira qu'il lui a été poaaibla da aa procurar. Laa détails da eat axamplaira qui sont paut-étra uniquaa du point da vua bibliographiqua. qui pauvant modifiar una imaga raproduita. ou qui pauvant axigar una modification dana la méthoda normala da filmaga aont indiquéa ci-daaaoua. D n Colourad pagaa/ Pagaa da coulaur □ Pagaa damagad/ Pagaa Pagaa andommagéaa Pagaa raatorad and/oi Pagaa raatauréaa at/ou palilculéas Pagaa diccolourad. stainad or foxat Pagaa décoloréas, tachatéas ou piquéaa Pagaa datachad/ Pagaa détachéas Showthroughy Tranaparanca Quality of prin Qualité inégala da l'imprassion Includaa supplamantary matarii Comprand du matérial supplémantaira Only adition availabla/ Saula édition diaponibla pn Pagaa raatorad and/or laminatad/ Q Pagaa diccolourad. stainad or foxad/ Pagaa rn Pagaa datachad/ [^ Showthrough/ |~n Quality of print variaa/ rn Includaa supplamantary matarial/ I — I Only adition availabla/ Th po of fili Or ba th< ak ot fir aie or Th ail Til w» Ml dit an' bai rig rac m< Pagaa wholly or partially obscurad by errata slips, tissuaa. atc hava baan rafilmad to ansura tha baat possibla imaga/ Las pagas totaiamant ou partiallamant obscurcias par un fauillat d'arrata. una paiura. atc. ont été filméas é nouvaau da façon à obtanir la maillaura imaga possibla. Thia itam is filmad at tha raduction ratio chackad balow/ Ca doeur.iant ast filmé au taux da réduction indiqué ci-dassous. 10X 14X 18X 22X MX 30X • y 12X 16X aox aéx 28X 32X TIm copy fllm«d h«r« hm bMn rsproducad thankt to tiM otrMTMity of : Bibliothèque nationale du Québec L'exemplaire filmé fut reproduit grftce à la généroeité de: Bibliothèque nationale du Québec The imagée appearing hère ère the beet quality poeelble eoneidering the condition and legibility of the original copy and in keeping with the fiiming contract epecif icatione. Originel copiée in printed paper covera are fllmed iieginning with the front cover end ending on the laat page with a printed or illuetrated impree- eion, or the baclc cover when appropriate. AN other original copiée are fllmed beginning on the firat page with a printed or Illuetrated Impree- elon, and ending on the laat page with a printed or illuetrated Impreeeion. The latt recorded frame on each microfiche ehall contain the aymbd -^ (meaning "CON- TINUED"). or the eymbol ▼ (meaning "END"), whichever appliee. Lee imagée auh/antea ont été reproduitea evec le plue grand aoin, compte tenu de la condition-«t de le netteté de l'exemplaire filmé, et en conformité evec lea condltiona du contrat de fllmage. Lea exempieiree originaux dont la couverture en pépier eet imprimée sont filmée en commencent per le premier plat et en terminant aoit par le dernière page qui comporte une empreinte dimpreeelon ou d'illuetration, aoit par le aecond plet. eelon le cec. Toue lee eutree exemplaires origineux eont filmés en commet^çant par le première pege qui comporte une empreinte d'Impreeelon ou d'illuatration et en terminent per la dernière pege qui comporte une telle empreinte. Un dee eymboiea euhrante apparattra sur la dernière imege de chèque microfiche, selon le ces: le eymbde — ^ signifie "A SUIVRE", le symbole ▼ signifie "FIN". Maps, platée, charte, etc., mey be fllmed et différent réduction retioe. Those too large to be entirely included in one expoeure ère fllmed beginning in the upper left hend corner, left to right end top to bottom, ee meny framee aa required. The following diagrame liluetrete the method: Les certee, planches, tableeux, etc., peuvent être filmée è des taux de réduction différents. Lorsque le document eet trop grand pour être reproduit en un eeul cliché, il eet filmé è partir de l'angle supérieur gauche, de gauche è droite, et de haut en bas, en prenant le nombre d'imagée néceeeaire. Les diegremmes suivents illustrent le méthode. 1 2 3 1 2 3 4 5 6 BA The Unden Banking and asBOciate them articles of Âss< Article 1< name of the 1 replace or be s Managers and The business s in 60 far as re| such terms, wl Commission ( circumatances party,beyond 2o.— The Dealing in E: chiefseat of b may be establ fourthsofthe \'m ARTICLES OF ASSOCIATION OF THE BANK BY COMMISSION, (£7JV COMMAITDITE,) OF VIGER, DEWITT & Co. The Undersigned being desirous of engaging in the Business of Banking and dealing in Exchange, hâve associated and do hereby associate themselves for that purpose, and bave agrecd to the foUowing articles of Association : — Article lo. — ^Tbe Company shall carry on its business in the name of the Partners hereby contracting and those who may either replace or be added to their number, who shall accordingly be the Managers and bave the sole direction thereof as Principal Partners. The business shall be carried on solely by commission (en commandite) in so far as regards such persons as they may deem proper to admit on such terms, who shall therefore be considered only as Partners by Commission {commanditaires), and shall not in any case, or under any circumatances, be liable towards the Company or tuwards any third party, beyond the amount of their share in the Capital Stock. 2o. — ^The opérations of the Company shall extend to Banking and Dealing in Exchange generally, and ail matters relating thereto. The chiefseatof business shall be in Ihe City of Montréal, but branches may be established.in the Province and elsewhere, by consentof three- fourthsof the Principal Partners. . • « V » •»* « «l'* . t % « * w >. * \ t • ■ I t ' I *# I < « * V A . t • 4 . • ♦ . ' 6â!365 3o. — The duration of the Company ihall he limited to nine yean fironi the date hereof; the affaira shall be conducted vnder such name and style as shall be adopted by the majority of the whole number of principal Partnera, and may be changed by the same authority when- ever it may be deemed expédient. 4o. — The power of signing on behalf of the Company, shall bolong tosuchof the principal Partners as shall be specially chosen for that purpose by the majority of the whole number of the same. 5o. — No Bond, Draft or Note which shall not be signed by the principal Partners, to whom the right of signing as aforesaid shall belong, shall bind the Company. 60.— AU the affairs of the Company shall be managed by the principal Partners, or by such among them as shall be thereto authorised by a majority of the whole number of such principal Partners, according to such rules as may from time to time be made in that behalf; provided always, that the same shall not be répugnant to the présent articles of association. 7o. — At ail meetings of the principal Partners ail those présent shall hâve a deliberative vote ; in case of an equal division of votes, the Partner whose name stands first in that taken by the Company, or in his absence, he whose name stands next therein, shall hâve a caBting vote, unless it shall be herwise determined by two-thirds of the principal Partners, at a meeting specially convened for that purpose, at the request of any one of them. 80. — ^The Capital shall notbe less than one hundred thousandpounds Currency, but may be afterwards raised to two hundred and filty thousand pounds Currency. 9o. — ^The Company shall commence opérations as soon as thé sum of fiily thousand pounds currency shall be subscribed, as well foy the principal Partners as by the Partners by Commission (commanditairea), of which sum the Partners signing thèse articles shall subscribe as follows, that is to say : — lOo. — ^Each principal Partner S Partners by Commission (eom- manditaires) may, although not specially required se to do, pay in at any time t^e w]io'jb of^ny.ppirî 6f thç. Amount of his subscription, V *<■•=: I to nine yean 1er Buch name e number of ithority when- shall bolong osen for that iigned by the shall belong. laged by the I be thereto ipal Partners, nthatbehalfj the présent preaent shall of votes, the ipany, or in ave a cvrting thirds of the :purpose, at irand pounds red and fif ty iB thé 8um ^ell by the mditaires)y ubscribe as ision (com- », pay in at ibscription, ' 3 and may moreover pay in auch other sums, as added to the amount •ubacribed for by the principal Partners, and Partners by commission (com'mandiiaires)y shall not raise the capital beyond the sum to which it is limited, and in the division of the profits the additional sums so paid in shall be allowed for, regard being had to the time at whidi thé same were respectively paid in, and in proportion to the other sums paid into the Capital Stock. llo. — ^The number of principal Partners shall not be less than seven nor more than fifteen. No new principal Partner shall be admitted, except by consent of three-fourths of the principal Partners for tiie time being, and from the date of his admission as such he shall be, in every respect, on the same footing as the other principal Partners. 12o. — ^In case of the death, résignation or exclusion of one or more of the principal Partners, their place or places may be fiUed by new Partners vrith the consent of three-fourths of the then remaining Part- ners, at a meeting specially called for that purpose. 13o.— 'Any principal Partner shall be subject to be expelled from the Company, provided such expulsion bc deemed necessary and be determined upon by three-fourths of the other principal Partners, at a meeting specially called for that purpose. 14o. — ^The stock of any of the principal Partners who shall, at any time, cease to be such, shall continue to form part of the capital stock of the Company until its dissolution, and such Partners shall thereafler, be in every respect on the same footing as the Partners by commission (commanditaires). 15o. — ^Any principal Partner mày, at any time, withdraw from the Company, provided he shall give one month's préviens notice to the other principal Partners, who shall be held to give him a certificate of his having so withdrawn, aûer which he shall not be liable for the engagements of the Company subséquent to his résignation. The Company shall nevertheless be continued between the other principal Partners, who may fiU up the vacancy in the manner provided by the twelilh article. • 16o. — ^The papital of the Company shall be divided into shares or parts of twelve pounds ten shillings currency, each. iéiit»iMtiiiÊÊÊUÊlKtKtittiMt m'*' \ mumm mit, f m àm m i « -«-«j»»» 17o. — Those who shall be admitted as Partners by commimion {commanditaires) shall inscribe or cause to be inscribed in a book kept for that purpose by the principal Partners, their names, additions and résidence, the date on which the same shall be so inscribed, and the number of shares or parts by them respectively taken, and a certificaie or acknowledgment thereof, given t)y the Company, shall suffice to establish their rights and privilèges, as well as the liabilities of such subscribers. 18o. — The Bums eubscribed for shall be payable as well by the principal Partners as by the Partners by commission (commanditaires), as foUows, viz : one-tenth on subscribing, and the remainder when the shareholders shall be thereunto required, by public notice given at least one month previously in tw^o of the newspapers published in the District, provided that no instalment subséquent to the first shall exceed teit per cent on the amount subscribed. l9o. — The profits shall be divided between the principal Partners and the Partners by commission (commanditaires) in proportion to their shares and to the time fhey hâve held them. The said profits shall be distributed by semi-annual dividends, at the Gompany's office, on the firsi of March and first of September of each year, the amount ofeach dividend having previously been announced in tvtro of the newspapers, published in the District, at least fifteen days previously : the principal Partners may nevertheless réserve out of the profits a sufficient sum to meet contingent and unforeseen expenses, which having been defrayed, the surplus, if any, shall be added to the profits of the next half year in declaring the then next dividend. 20o. — The joumals, ledger and other books of the Company, shall be kept in proper form, and every six months and before any dividend shall be declared, the books shall be balanced, and an inventory taken of Uie real and personal property of the Company. 21o. — The said books, balance sheet and inventory, and every thing relating thereto shall be, every six months, and during the fifleen days next before the time fixed for the payment of any dividend, accessible to but not removable by a board of audit to be anhually appointed at a gênerai meeting of the principal Partners and Partners by commisaion, (rommandilaire») and taken from among the latter, which board ahall report to the next annual meeting, or to any meeting which may be previously held. 22o. — A fair and correct statement of the gênerai affaira of the Company Bhall be prepared and submitted to each annual gênerai meeting thereof. 23o. — The salaries of clei^s, house rent, and in gênerai ail other expenses of the office and of management shall be charged yearly against the profita of the Company and before the division thereof» and in case the principal Partnera should deem it advantageous or indis- pensible to appoint one or more among themselves to superintend more particularly the affairs of the Company, they may allow him or them sueh Bum as they may consider just and reasonable, as an indemnifi- cation for his or their loss of time, and in proportion to the extra services rendered to the Company* and not othervnse. 24o. — No principal Partner shall, either alone or with others, carry on the business of Banking or dealing in Exchange within the District of Montréal, nor become interested therein during the time that he shall be such Partner, without the consent of the Company ; but may, nevertheleas, purchase and hold shares in Banks authorised by Acts of the Provincial Législature, even after the expiration of such Acts, but shall in no case act as a Director or other officer thereof. 35o. — ^The Company may at any time be dissolved, or the présent articles of association be altered at a General Meeting called for that purpose with the consent of the majority of principal Partners, by public advertisement inserted in two of the Newspapers published in the District, during one month previous to such Meeting : provided that the dissolution of the Company or the altérations in the présent arti- cles of associations, be sanctioned by a majority of the Shareholdera holding at least two thirds of the Capital, and by the vote of the ma- jority of the principal Partners : — The Company may likewise be dis- solved by the unanimous consent of the principal Partners. 36o. — ^Upon the dissolution of the Company, the affaira thereof shall be setUed by the Managers or principal Partnera with ail possible des- patch, and the Capital and profits received, shall, from time to time be divided among ail the principal Partnera and Partnera by Commission (comTnanditaires) in proportion to their shares. The final balance-sheet shall be submitted within one month to a gênerai meeting of the Partnera, and the then last Board of Audit shall, during the settiement of the affaire of the Company, continue their su- perintendonce of the same. At the end of six months from the time of the dissolution, the effects, and debts st\)l outstanding, as well as the ' .• • • ^ î î • • î r • r " t ^ • • • • ...... .... ..* : . :;..;.;•./:.. • • * *- • • • • • « • •••s ••»• • • • • « ff I t « • • * «t • S 8 rea] and pcrnonnl property remaining, shall be publicly iold, unless tlio contrary be ordered at a gênerai meeting. The reasonable coeti and expennes of the Bettlement shall be allowed to the principal Partners. The booka and papers of the Company shall remain in the hands of the principal Partner whose name shall stand firat in that taken by the Company, who shall be held at ail times to give communication there- of to ail parties interested, unless the contrary be agreed upon at a gênerai meeting. , , t, , ' In wltness whereof, vve hâve signed. Montréal, 12th February, 1835. 'tf.i f'yl i\. i< . M'' ; - i''-i-;;.i..!; « » » • • < \j flold, anleas the sonaliie costs and >rincipal Partners, n in the hands of that taken by the munication there- agreed upon at a