New Orleans daily crescent. [volume] ([New Orleans, La.]) 1851-1866, 1857-10-05
INSURANCE.

STATE OF LOUISIANA. CITY OF NEW Or
Lard e a. hsea.sd
e ad RI ss
' s s q se ma .ss
appeared the parties whose
Ssas q ihs
emo
ss IT, .Hs 11ds the ''0H s
s@@ ARrIcLEI.
city shall Enoxn and ds;sna.sa sy
business half Of stock shall have
ne . sss s ssEss s
ss s sss @ q as Hss Ere s
aud the Of e on the margin thereof and the
ARTICLE II.
The objects and of this Company declared to
First-To make dwelling
buildings household funite merchandise other property
SecondTo effect upon vessels freights
ps s
Of debt boomry and RESPONDENTS interests and to
az ai nsnd Rs And n
kind of insurance upon every and all insurance objects
And this Company itself be reinsured against
President Secretary Of the Company shall be the
whom serve citation in all suits against the Com
pany.
The capital stock Company shall be three hundred
aes5s be three sha5ss Of
ans ssa
order conpany fer equal each payable
which payment receipt shall be given by
II Esd % s and s s and Pc
certificates fr The amount Of their
mp full Of his subscription cash. in which case he
shall be allowed interest at the Of even cent
The shares capital so formed .ha be considered
rules and under such restrictions the Board of Directors
And shall in any event. be liable losses of
the Company beyond above of his subscription
ARTICLE ".
by Board q Directors Which Board shall have power
and gd b a s1 s and s sk e they
The M Eoa2 s Mssdsy Of in each yea
Of New Orleans Of which ten days notice shall be given
y and s ss sess sEs
5 Nesy their Or 5 and to h ars
eeeted Bat should sneh election happen from "S
Piece as s osIs Of asa fl a
office shall continue until their successors elected and
and in elections Directors receiving
plurality of the votes actually cast shall be considered duly
ali elections each stakeholder shall have the right
vote every five shares may provided
s @ q hat saisa to
have right stock thai may have
o at
his elected They shall appoint Secretary and
ss nsS he sds de ana
Th ps q M e sas S and sose e
conduct the business Of the company
policies Of which shall also be eogneIsig by
the Board his Judgment may necessary or
peden for the of the but there shall be
ATfsi SsP Of all
h Of the a time 10
q the contrary to this act
s h FIX sg Ry
may he Board
have power appoint Of their members person
n s Il BE- a m hs
time al the duties and powers , Of the President
PEREZ # l. e FSsi'" E Erect f. ass T.
and Eys whose term q service shan continue
eight, Qs5s until their duly qualified
ARTICLE V.
ii ss months s from the Of
this Company under the supervision of the Board Of Directors
Secretary Of the Company showing what earned
premiums have actually been received during that time from
sufficient shall be retained for unexped risks Then
out OF the mel io 30 iaue, potion sn oe re
utheu o"aIus eIisent Iuiiu, pr
l9', & ~ III M Se, ~. " se w, w
la suo ut ~ Cup ' ae "a Az sum- pe
oi'iueu po iA'a "Ao"s INC anu "u eui
| ARTIcJp VI
r. ,,r, e. a, nd - NJ =. o.s d. ;s. A. &c.,
ss awt h o e d M 10 lhs ua'u
real estate situate in the parishes of Orleans and JET
ines may aso ..fa. sae uFuS VI s N Hs ~
created ey or under me laws OF Tue tned States or
& s s sanss Ss
us u tls NPths III Any iuanel .ey may ueei mus ~
70 ~ hot " 'Ie ~ .
charter or othe laws ms STATE ana all loans on pledges oil
| HSnWi STOCK are specially pIonlpheu. Al,
lhe corporation is pfohloe from houh any real es'ate
save snSh oilg MS may oe deemed and
by the oaLh Oh directors and majority OF me sockholher
be used as the once Of the company frovided however, thai
me aa ot pesuos ,ne rrg 1Sn, may prrns.
an piopet. WIN f oe M T.; " "
~ any forced SAFE OF ihe me y IN ,ne oph9 me iner=s
81 te 0otan! snouu i s'ai oe ,nelr uny !.
@ snI W f 1 h1 e NJ, J 40 @ f
same be held by the Company.
ARTICLE VII.
There shall he creaed by the Board of Directors
fund to be called the ontinrent Fund Consisting Of t
proportion of not less than len Der cent of the net profits re-
moneys mat may be under Inc provisions ct Aree
Mna rom any o!net sources man anu 'ns u,u slai
no oe .ouSheu SeHeep oL 'e III u osSes, 'tel we
anu a. oie sn m'as sue us oGui
sau iunu a amount " .Mo nunu eu 'tious