New Orleans daily crescent. [volume] ([New Orleans, La.]) 1851-1866, 1857-06-15

' = JAMES d b., DEN Ia
8 &. ". BoaARr and others.
0 E Eel sss sG1FTsdHAhK, N P:
certify the foregoing 10 be true copy Of the original net ."
these s Under NV ny SHs ssns
this hne'esn'" u"' VI '" h. g. GoTTscHALK Not. Pub.
The undersigned Recorder Of in and for The The
Folios si a IS IA and Is. JOHN HOLMES Recorder
New Orleans May the 10th, 1887. my2l g jel 10 ~
CTATE OF LOUISIANA, CITY PITY, Of \ NEW w., Or
> LEANsBe KNOWN that on this eighth day 81 april IN
s s hsfs S9sf sssT
M Saa asssTsd
s Mailing Of the provisions the
ssg ssys Cd an
agree and bind and those wnO
ration the objects and and under the spu"Ons
and regulations following that is to say
ARTICLE FIRST. .,
M ed M n 's
its business as the sum Of one hundred
for twenty years from the thereof shall haye
corporate SEAL having for device the coat OF arms OF me state
Louisiana inscription the name OF the company
and the date of this act.
ARTICLE SECOND
The objects and OF the Company are hereby declared
presses and every description buildings household fur
nture goods wares merchandise machinery and other prop
a. 70 make ships and other sea vessels
die gold silver bank notes exchange and other eyi
dences of debt commissions profits bullion or money ana
lives botomry and respondents interests in other words to
effect fire, mane river and life insurance of any kind whas
Company s to @ az risk
erested the President to be appointed in the
man hprein
ARTICLB THIRD. .
o a GP po Ss o
hundred dollars each be paid for at the time and in the
The subscribers Company shall pay into the hands
H s ne on
subscribed by them and furnish their notes tue order he
Bic on demand office Of said Company such time and
in us n @ as M G1 % o p5e
than dollars liar each srs n y n
tee in French English the daily
asss ~ f e ss ss Of
dollars may be he OF i've
ARTICLE FOURTH.
the corporate of the Company shall be exercised by
second Of % IN office Of the
pany notices such election shall be given at least two daily
mmsdateiy precedng said election and English
The Board shall appoint three
cline Or fail President shall appoint others act
The fourth Monday Of the july to hold the
5 t
from the date and ae due notice as above n
Moreno M Of city hereby appointed Inspector;
preside said first the chosen ha
flee Monday July eighteen hundred and fifty
eight In he
receiving plurality of Of the stockholders present shall b
place the day aforesaid the President shall cause another
to take place within ten days heea'e and give notice
Each and every stosEhoe sal be entitled either person
h,pr houley
they respectively hold provided that no individual
than twenty any
erred him them within ninety days prior to said election
| ARTICLE FIFTH.
Atthe time of the expiration of the charter of the aforesaid
Company ordered by vote Of the stockholders
iqudaed debts paid charge spernendenc
os and who shall remain in Office until tie final liquidation
| the affairs of the Company.
| ARTICLE SIXTH.
The Board Directors shall their first meeting in
year elect from heselves President and Vice Pres
s9 G'o shall hold their office until their shall
ARTICLE SEVENTH.
No shall be capable of being elected Director OF sal
Company who does the time Of his election and durn
his continuance Office hold in his in that of tn
commercial house of which he be partner at least tie
shares of the stock of said company.
ARTICLE EIGHTH.
The Board of Directors shall have the to appoint
officers clerks and employees as shall be necessary for the
laws, rules and regulations they deem necessary for III
of said Company provided the same shall not COZ
c with the laws of this State the true intent and meann
OF this act.
Z
es e,deSa Or Wy an ali eancj when e m
, occur their number or in the Presidency.
ARTICLE NINTH.
The President s9 gG all and preside a, al NEE
e COMPANY generally under the saPsrys9n Of the Board
!; ARTICLE TENTH.
to time the money and capital Of the Company in bonds ~
encmbered and improved real estate situated
worth at least double the amount loaned thereon They al
e
corporations Of this State or make loans on pledge Of any of
disp scot mortgages obtained by of security Of so
Of for OF at
judgments orders Of seizure obtained by said Co
been Company for
bic or to DO any other banking nor n either
ARTICLE ELEVENTH.
Company shall appear advisable but the proportion Of
o c 5 n o Be &c
ing parts of the profits of the Company and in case Of any
s sRS
shall have been covered and made by the profits
~ ARTICLE TWELFTH.
In the yearly dividends 10 be declared as aforesaid
be paid to a the 3 der shall not Zee e
Of 5 Gek tic s% s pf5
issue certificates the stockholders for u paid shares
ARTICLE THIRTEENTH.
After the whole capital stock Company shall have b
from each yearl, lay part Of the said
bends they deem until surplus fund Of not m
hundred and fifty thousand dollars shall have
omed and realized be added the capital stock of said o.
pany.
#. ARTICLE FOURTEENTH.
shall he the duty the President and Board OF Direct
within month from the close OF each
the Company cause to be published in French and Fng
ct daily newspapers published in this city, and
the of at least month"; full statement, under oath
the business of the Company which statement shall contain
the of premium received during the previous
cyin what received for life insurance. for in
against fire. what marine policies and what river
MO second the Of losses incurred during the
l c designating what amount Of losses have been n
red by the different kinds OF policies aforesaid third,
400 ocapta stating the portion of the invested IL
lOO cures and the nature of the securities
MOO ARTICLE FIFTEENTH.
The stockholders shall not be responsible for losses
no by said company beyond the Of car
no stock held owned by him or them respectively.
az ARTICLE SIXTEENTH.
H Any stakeholder who shall fail neglect to I'M
~ when ordered by the Board of Directors provided
~ and 10 be a stockholder in said Company.
M, ARTICLE SEVENTEENTH.
No stock shall be transteed unless such transfer be mad
900 the books Of the Company Should stakeholder desir
stock full
D made shall be permitted do so by substitute of the
MA cations party purchasing provided substituted
DpI cations satisfactory the Board of Directors.
0o9 ARTICLE EIGHTEENTH.
This act Of incorporation be modified altered
g the raid Company dissolved at general meeting TO be
that purpose after thirty days notice. in French
1 English of the published in this city, and
n0o the three ours of the stock such
Az ing and any and all such notifications alterations,
dissolution shall be recorded and published
NM | to law.
800 AkiiCLE NINETEENTH. ~
The names ana respective interests OF the parties oths &C
900 hereby declared 10 be us follows, to wit: