New Orleans daily crescent. [volume] ([New Orleans, La.]) 1851-1866, 1857-06-01
INSURANCE.

1N0OhEANCE. ..I
State OF LOUISIANA \. CITY 1T, OF NEW y, OR
seven and the independence Il The United States Of
1 Soa sns faSc forth for
leans aforesaid duly and sworn
scribed who declared that avang themselves Of the provs
5 s sns
do by es Rev @ o
into, constitute and establish Company for
tons sand and Obligations lions following, to.wit
ARTICLE l.
This Company shall be established and domicliate6 in the
name Of rhe Star Insurance Company It shall
is business h Of a spa s0Sk @ sv
from the date hereof unless affairs should be qp
Company. shall witha device upon the same,
and the of the Company on the margin thereof and the
ARTICLE II.
The objects and purposes this Company declared to
Firs-To assurances dwelling houses, stores or other
buildings household furniture, merchandise or other property
second@ro effect mariue insursnce upon vessels fresh
os pe bank oes Bills Of esehsngs other ev
an ana connected with
marine inland transportation risks And IN general to effect
na 1T "po" every and Al" OBJECTS
And his COMPANY may cause itself TO be rensured against
any yn rik upon Which it may have made
President Secretary Of the Company shall be the proper
person whom citation III all suits against the Com
pany
The capital stock the said Company shall be three hundred
% es @ saG s aSseSs a
the Of his nj on cash, n din M
balance he Shall furnish bis til promssory the
@ "a9 @
which said cash and notes receipt shall be BY
he aa o s s
Gt n Rs nsy
full amount of his subscription in cash in which case he
The shares in the capital stock ha be
and under such restrictions as the Board of Directors
And stakeholder shall any be liable for losses of
the Company beyond and above the amount OF his
/ ARTICLE ".
by ss dds,Po5s u
da snd Directors shall oecsd
sSs fl f of each ii Yea
s y P"t Sr S ssa s.
Es "a Ss s @
Monday their s, ss an" to hoa M
sets du' Bs Should such happen from any
i s ss fSp o Of S
Si a be until %hn ' sees os %
all such elections for Directors those persons receiving
e enss.i' Vi 'A' '''''' Ns'
by proxy well in and he shall be entitled to
vote every shares of stock he provided
sn twenty votes provided that person sh"
the right 1ek that may nsy ca
he 1aT@ npl beas amy oer
out of their own body rrsfaen Tho snail hola M seat u
his successor is elected lhey shl appoint secretary an
the proper management of the affairs Of the company
all meetings of the members OF the ompany and he sha
he d s s S Ks @
policies of which h, shall r also o be ed
the Board often lis Judgment be
least one meeting every month, which cea
II and detailed statement o. 'ne a"S oi me company sn"
be 70 the @ of The he Of all h
officers Hf ""d clerks employed The
shall invest the pron's Of me eoPIha from he I" oe
sy and .dn Senysns@s b
s siat Sfss !S State res
Is tons; they snail N we raves o. premium ~ Mun
fn5Fy che e;f e. e
And in case OF absence OF s'sheS o, oe M lucy S
provided he member of the company 70 in lis seo
For the rst year that his Company goes into operation
S2 ' F. Fo " Bo Sqo " logan
VI PEREZ, P. A Gireud A. +. Elliott n Gquel " G. g. Oh
until the second M9nday Of June eh,eSn Hta hit
Ia ARr1o,rv
s If aveT dix months from fine organization
the first Board of Directors shall be the duty Of the Officers
estimate be made and sworn by the Preside
and Secretary of the Company showing what amount OF earn
shall be deducted the actual losses and EXPENSES and
out Of the net profits reasonable sh4i be
n yded for provided not less per profits
until such fund eomPes s and d The d G%snes ih
= ,prrcrr vr
nr It shall be lawful for the Board of Directors invest the fun
ierson They may funds Company
ut created by under the laws of the United States
IN this State city, and may loan upon the ssG1ry Of
FINDS Of his