New Orleans daily crescent., 1857-12-30
INSURANCE.


INSURANCE.
CTATE OF LOUISIANA, CITY, or NEW or.
a eS s sah aay Aps
sss ss o Nesas tho
duly and a agd
@ ses M
to 1 n sa % 81 sss
and bind I
and HsiI reguiations following, hstis 10 say.
ARTICLE FIRST. -
TA I'D s f n sf @
s business soon ~ the sun Of Sas
@ s
Of Louisiana and for inscription the Of the Company
''N ''' N'' : ARTICLE SECOND
The objects and the Company are hereby
i To dwelling houses stores cotton
erty, against loss or damage by IRE
"a e MAKE sd % sea
die gold silver bank bills # exshange and other sy
ssanst i. psa @srsins
rsl 5
The Company may cause to be risk
upon which shall have made ali citations
a be on s Prent
manner hereinafter provided for
| ARTICLE THIRD.
The capital stock Of said Company shall be two hundred and
asa into s o.s @ a AZ e hnff H.
manner following ", .s s,. nav into the hands
Presden the Of the Company for bus
s II on sain o s sas & @
Company remaining eighty dollars each share paya
IN s9eh the Bosfd Of
a naa d on sare at
agreed upon board Of peetos and forty days no
pss so
dsrs ss Of i've
| housand dollars, as hereinafter provided for.
All the corporate the Company shall by
S 9s @ % be s
pany Notices Of shall given in least daily
r.
The three St
ins etfsips
R,fe'r eaS s1a Monday
and qualified The election shall take place within twenty
ss se s aBa assne Ss aeGSs Sn
Moreno Of hereby appointed Inspeeo5,ss
ns and fifty
shall be By ballot and those persons
of election .nahs taking
Each and every s.okholder shall be entitled either person
S Each g. % @ ee
company entitled number Of votes
than y enty nor to vote er the nrs se non on any
ARTICLE FIFTH.
time Of the expiration The charter M Of the
provided for the affairs Of said company shall be
a1Ss! aps iG
who shall remain in office until the final liquidation of
ARTICLE SIXTH.
The Board @ 81 % s mespg saa ye
dent who shall hold their office until their shall be
ARTICLE SEVENTH.
No shall be capable being elected Director Of
Company the time of his election and during
office in his in that Of the
ARTICLE EIGHTH
employees shall be Gr the
the said sna to susn
said Company the same shall not
They shall fix the compensation the officers clerks
employed by them the service of the Com
a namS aSo haoe o p hs s
ARTICLE NINTH.
President es 9 all and nn s al #
al the M Ts 81 int @
ARTICLE TENTH.
time the money capital Of the GomPasy in bonds and
mortgages eneumbered and improved real estate situated IN
s al least They
y G s sw hs o s
Aforesaid securities bonds stock They shall have power
seof mortgages obtained by way of security or Of stock
prs,oa public
pany Or Of any properly movable nmova6e which
s Sa @ 5s
authorize the said Company discount nego
s1y sa%s'f %a
immoyabe property, goods merchandise.
ARTICLE ELEVENTH.
Yearly dividends much of the profits of the
Company shall advisable but the proportion OF
miu which shall terminated at
time Of making such dydens considered
ss sn
shall have been covered and made up by the profits
ARTICLE TWELFTH.
Ihs to the stocthoders shall not
paid in and the n Inc shall Ds Ds Rpeea m
when be m duty I I a mi Besd
/ ARTICLE THIRTEENTH.
whole capital stock of Company shall have beer
from yearly lay such part Of the said dvi
bap aea & sa da a
formed and realized to be added the capital OF said Com
ARTICLE FOURTEENTH.
shall be the duty the President and Board of Directors
COMPANY, Be- published FRENCH and Fngsh
.1 ass a M9 M as yns man 3
business Of the Company which statement shall contain
cifyng what amount was received Insurance.
S p He
and designating what amount of have been ncar
capa stating the portion of the invested In Sc
I | curies and the nature of the securities
/ | ARTICLE FIFTEENTH.
The stockholders shall be responsible for losses dam
age said company beyond the Of capita
stock held owned by him or them respectively
ARTICLE SIXTEENTH.
Any sockhoder who shall fail neglect to install
ordered by the Board of Directors
article third shall Company all pre- payments
and cease TO be a astockholer in said Company
ARTICLE SEVENTEENTH.
stock shall transferred such transfer be made
the books of the Company Shond stockhoder desire
transfer previous of the having
made sk8l permitted do substitute of the obi
cations of the party purchasing provided the substituted obi
lt cations satisfactory to the Board of Directors
rs ARTICLE EIGHTEENTH.
This act ofncorpoation modified altered amended
or the said Company dissolved at general meeting to be
English newspapers published city
of of the stock such
v ing; and and all such notifications alterations
dissolnonsha be recorded and published accord
N N to law.
Thus passed the city of New Orleans, the
s Edward Auder, witnesses whs hereunto sign the
%, names with said parties and we uotares.
:, The original is signed l.. H. PLACE,
~ LABORDE H. XIQUES,
y JAMES d. DENEdRE,
y and others.
r. JAMES N. TELLER,
nd EDWARD S. AUDLER,
a. EDWARD BARNETT, Notary Public.
certify the foregoing be the original act
record in Office In faith whereo these
and the impress OF my seal Of Office at the Gil
of New Orleans this lih day Of April, 1851.
Sc EDWARD BARNETT, Notary Public.