New Orleans daily crescent. [volume] ([New Orleans, La.]) 1851-1866, 1857-08-03
INSURANCE.

INSURANCE. 9,.ssas.,a
eih 9E N ay q a 2S
in the yea, Of our Lord one thousand egh hundred and fifty
eighty FIRST me Edward George Goitsehak,
aforesaid daily and pn persona
and The ga,1s h sub
ions statutes 4 bs ss's relative
hs h nos ssy YES
hs objects s Sd ana under the spuA0ns regua
ARTICLE l..
This Company shall be established and domeiated in the
city New Orleans and shall be known and designated by the
ia s rs k SENT hnSs
been .hserbed and shall exist during twenty five
dated y Fl a least twethIds lie members
md the the Company the margin thereof and the
ARTICLE IL
The objects and purposes Of this Jmpany declared to
FrstTo make dwelling houses other
buildings household merchandise other property
secondTo effect assurances upon vessels freishts
6sn n & a and
ences ." debt botomry and repondntiA interests and to
marine Inland transportation sks AnS in
very kind Of insurance upon every and all insurance objects
And this itself 10 be ] ak asn ns
s ANY INK "S0" SNsn may pa's made or 'Aa N' 'D
President Secretary shall be the
psny. w. "''''' ~ ''' ''''''O' 40 -
ARTICLE III.
be dsed int three shares Of
one harea dollars each for when eaen ss
ssas9 Board Fl nirssss, f.
oF am mounts rsn aaa o
which said payment receipt shall be given by
sG3 s sa
certificates Of stock thu the amount of their
SD I'D % h., III in IN wh S
shall be allowed interest at the rate of tseyen cent
The shares in ths capital formed considered
rules and under such restrictions the Board of Directors
And sockholde shall any event. liable
the Company beyond and above the amount of his subscription
ARTICLE ".
All the corporate powers Company shall exercised
by Board Of Directors which board shall have
and authority appoint such officers and clerks as they may
o the Monday of J@n in each Yea
az sssss
The Monday succeeding their election and hold the
tey da' Ba sd
e ss fs sspS'@Sn 1ss
office shall continue SO until their are eeed and
ali elections for Directors those persons receiving
plurality of the votes actually cast shall be considered duly
In ali elections each stockhoder shall the right
%o, e'fP ef eys W P%Sdsd
hsn twenty votes And provided also person she
upon stock that may have been trans
s Boa a os a at
q @ ea ssn Who S. Gs o III s
M is elected They d ss .ppop sn
Ter the proper manase nsn, affairs q company
at III ii m nstas' % Of the
an If the os o b Se Be KS a
policies which shall also be eopntersis ed
Board may , be enc" a Or 3. es
1 !i' dsssd s%sGs6t he sI"
always open inspection e The sockhoders a., -
5 snd se s 's s. H Al
@ 5 4 o ct HEY sh 'g pow "s
bylaws as they may necessary and convenient Tor /,
e .s6s s sae g ne the
@G s @ " TISH
generally al! out the objects Of I'll
KID cas Of bsrnce or sickness the Predeat'hey
eSFaSS m he Of the to e' in III es
turing s9eh @ ,ekae Pm % be 'eSed0F tn
the h. this Company goes ii, int P opsTHq9 1
" %,o So.t F os " Boger e. " Loan Jr
Perre F. A. + Eio o 81 IT. Giggs . % cooa
second Monday of June eighteen hundred a. fft
eight QS5s) until e.f successors are duly qualified
ARTICLE V.
Atte expiration Of every six months from the organization
she Board Of reeto, it shall be the dqy Of the Officer,
to be made and sworn 10 by the Pesidt
5 t Sts G Tn 1 st m
c a BE s be 5ssd o qG @a siPsh k
out Of the net 2oas SO made reasonable portion shal DC
d for not s than sn PER S edIf Of a sh
divided pro the sockt olde and paid them in
ARTICLE VI.
1t shall he the Board of Directors invest the fur
@ cGmP p y tn oa sa and e on o" n
They may also invest , the funds the Company in
iii, State hi, piy and loan the security Of s.
fnuds Of This Company in any they may deem
% m Us @ s ot s to IIe ens o
! itsown stock are specially prohibited. 49,.
save such building may convent
I used use a. the office Of the Company Provided however
Board of Directors. through he President may P"c
shy sale Of r. + in Their opinion The me-
resell such properly within reasonable time not exceed
unless majority Of estoekh9der At meeting for
sa rHssib be held BY Tie Company.
ARTICLE VII.
shall be b the Board Of P5estor
s s a not eas p 5so f Rst
from any other than premiums And this fund
MT ns si1S1 s ss
s%I dollars afsr which the moneys so appropraed til
shall be divided rata among the stockholes At the
ene and in the manner as the sem-annuai dividends
II And the said fund of two hundred thousands dollars
III always be held protection to the capital as well as tn
III sured.
vote Of twohirds Of stockholders the affairs of This
Under The charge and SUPERINTENDENT three
2 se o e pGs ion y & s and
vote three oahs Of the stock represented at special
u sash stock represented amount three
are declared to be as follows to-wit
t5 Placde Forstal, one hundred shares
James D. Denegre, my shares
Felowes X Co, hfty shares