New Orleans daily crescent., 1857-12-29
INSURANCE.


INSURANCE.
the year thousand eight hundred
81 ~ ess ySss ssa
psfsiss ~hsss names
ioais.ns .Re organization
and Regulations blowing, ,,6a. + e .sy: : =
| 4 ARTICLE FIRST.
i
ssa i
having device Of of the State
Of nisians and for inscription the Of the Company
| ARTICLE SECOND.
Tho objects and purposes Company are hereby declared
Is IT, ss %
nure goods wares me,chsndize machinery and other prop
"a To make insurances upon ships and other vessels
o c @ = sssas
dences OF debt profits bullion money and
Ives sottomrs and respondena ntere in other Word
effect fire. marne river and life insurance of kind whaso
The Company any
tees other legal process wherein the Company may b IN
shall be served President TO appointed in the
| manner hereinafter provided for. slFsf5
ARTICLE THIRD
Ts saDa sosk shall Be s two and
of hundred dollars to be paid for and in the
said Company shall pay the hands
% she s @ as II @ 81 sa for
sy them and furnish the order Of the
BE dssnd 4. te office of sni Company such time and
s Ss q e
than twenty On esch shire such a may be
English he daily papers
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b o vo hundred
ARTICLE FOURTH.
the the Company shall be exercised by
IL s s sfs e %
preceding sad sleeen the French and English
preside at such eieeons inspseios
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fourth Monday Of the said month Of July and to hold the
and aSaSed ssesn
as rs sG
els Moreno AL Of this are hereby spponted
Art Directors Of said Company and shall Of
a until the Meedsy il a and ~
all elections votes shall be BY ballot, and those
eensiasIsd ts election saEins
s s n
and shah entitled in
by for each and every share which she
@ a s
than sr hs first es O9 a sd
ARTICLE FIFTH.
the time the expiration Of the charter of the aforesaid
S s
debts anS Dc e e. h bs a ss
and who shall remain in office until the final liquidation of
ARTICLE SIXTH.
The Board Of Directors shall a their Tst meeting in every
dent shall hold their office anl their shall be
ARTICLE SEVENTH.
shall be capable Of being elected Ice Director
his eontnuanse in Office in his own name that Of ne
house Of which he may be partner at least ten
ARTICLE EIGHTH.
The Board Of shall have the to aRpoRs such
ducting business Company by
anf a hsg dssm a a 9 che
c with the laws of is State the intent and meaning
shall the Of officers clerks and
aS s n sy e iii u al ne o s.b 5 9
occur in their number or in the Presidency.
ARTICLE NINTH.
The President shall sign all policies and presdeat all meet
the Board he shall conduct and the business of
Directors of his absence. the Vice President shall
ARTICLE TENTH.
10 The Beard s Of h ys a S to ys a05 from m hn
the parish of Orleans which n every case shall be deemed
s R e sx % @ a e 5 % a
aforesaid ecues bonds stock They shall have
for sss Ct feqyeyed t. them in i salts
sale upon Judgments orders o seizure obtained said C
Pany of amy 9Sss or m we may
era'ons is but nothing herein contained shall a 50
Bile paper do other banking operation either di
recty indirectly deal trade in buying selling
ARTICLE ELEVENTH.
Yearly dividends shall be msdeof much of the profits Of the
aH which
lug parts Of the profits Of the Company and Of any loss
orosses whereby the capital said Company shall be
nuton shall have been covered and made up By the profits
ARTICLE TWELFTH.
be paid the stockholders shall exceed per
he credit Of unpaid stock until the paid IN full
when duty President board Directors
issue certificates the stockholders for l paid shares
ARTICLE THIRTEENTH.
After the whole capital stock Of Company shall have been
from yearly dividend by part Of the said iv
San w an y oua ha bes
formed and realized be added the capital of said Com
dspy.
| ARTICLE FOURTEENTH.
i a be the duty of the President Board of Directors
the COMPANY 20 be published French and English
the month, statement, nndsr oath
the business Of the Company which shall contain first
cying what amount received for life insurance for asr
second the Of losses incurred during The
red by the different kinds of policies aforesaid third
ocapita stating the portion of the invested
curities and the nature of the securities.
| ARTICLE FIFTEENTH.
The stockholders shall be responsible for losses dam
stock held or owned by him or them respectively.
| r. ARTICLE SIXTEENTH.
Any stakeholder who shall fail neglect pay any
men when ordered by the Board of Directors
article third shall forfeit TO the Company lpre ous
aud cease to be astockhoder in said Company.
| ARTICLE SEVENTEENTH.
No stock shall be transferred be made
the books OF the Company Should stakeholder desire
transfer stock previous tofu payment Of the having
the party purchasing provided substituted
CATIONS satisfactory to the Board Of Directors.
/ ARTICLE EIGHTEENTH.
This act of be modified altered amended
the said Company dissolved general meeting to be
yened for that after thirty days notices in French and
English, OF the published in this city with
the of three ourhs Of the stock sch meet
ing and any and all such notifications alterations
mens be recorded and published according
| to law.
done and passed at the city New Orleans the day.
month and year aforesaid in the presence of James N Teller
and Edward S. Aulcr witnesses, hs sign
names with said parties and notaries
The original is signed l.. II. PLACE,
| '' LAB0RDE & XIQUES,
| JAMES d. DENE4RE, 90
| no, and others.
/ JAMES N. TELLER,
EDWARD s. AUDLER,
/ EDWARD BARNETT, Notary Public.
certify foregoing copy the original act on
r64HN Fntl NI