New Orleans daily crescent. [volume] ([New Orleans, La.]) 1851-1866, 1857-08-27
INSURANCE.

j. NV
@
ss f5sy M
leans aforesaid duly commissioned and sworn personally
s @
ss in G @ s vs TO s cd
and agreed and do by these bind
@
tons and obligations following, to.wit:
ARTICLE I.
This shall BE s sbshsd and the
The Star Insurance Company" II shall
been subscribed and it shall exist during twenty
from the date % unless its 1ars should be q4
Company shall have seal with device upon same
and the of the on the margin thereof and the
ARTICLE II.
The objects and purposes of this Company declared
FTo make dwelling houses other
secondTo effect marine assurances vessels, eights
missions profits bank notes bills of exchange other evi
make all 10 or @ aa
kind Of insurance upon every and all insurance objects
this Company cause itself to be rensured against
any rk upon which it may have made shall make insu
The President Secretary Company proper
psny
The capital stock Of the said Company shall be three hundred
dollars each for which each subscriber shall pay
upon the orEanton Of Board brectors for the
Shall furnish his three promissory
from their for
President the Company and
the last Of said three notes the shall be e,tedto
ved however that shall be lawful any subscriber pay
shall be allowed interest at the rate of (even
The shares the capital so formed shall be considered
personal property and shall be according to such
And no stakeholder shall event. be liable for losses of
the Company beyond and above the amount Of his subscription
ARTICLE ".
All the Of the no,y shall be exercised
And to sp ss sn an" be e o they
such place as the Of designate in he city
and English il two he pupIs published
the Monday succeeding their election the
sed Bs sG" t .es ,na p d
as Place n e % n not for that
office shall continue until their elected and
qualified which shah be within the shortest possible delay
plurality of the actually cast shall be considered duly
In all elections each stakeholder shall have the right
US pf a Ts i've a Of ne s % e parde ID
individual firm corporation shall ever be entitled
have right uponany stock thar may
The ond hn a 1 a" hei m
ing an @ n1 ho oog 10 ay a 3e m
VI 'i0t' MS seat hi''
his successor is elected They shall appoint Secretary and
Srh no oT may n The ee F Nteen n necessary
The President shall preside at all meetings of the Board and
the d Of the gsnHH
2n the GHT" r q" w sa ina ms @y to s al
the Secretary ne snail fe me sn 10 c9nVoke meetings Of
edent tor the interest Of tie company BIT there shall be
saI d Ie aim e of h s Of m nn wSe fear
ed TO them for 10 and sHf statement shall
The Board of Directors shall fix the compensation of all the
n nSp na her tho y o ] They
na I ap h for a 10 ION ane 10 olie, a.
az ey aI deem and ad0 @
RI @ o. e IN not to hs act or
ons they shall tx the premium at With sE
n e all ac 10 ca e s n5He p0We 10
an" to en all va ht nay in the Bon
And IN al n0Se" oe or & o me president they
provided he be member OF the company to act in bis stead
% All f ansS " a h S on 5as into
following named subscribers shall compose the Board Of Direct.
f Ps1rs la%d K Y Y E hpss E. W hosVp g 2 e.
until the second Monday Of nne Eighteen hundred fy
eight lS5S until their duly qualified
ARTICLE v
the first Board of Directors shall be the duty of the officers
to an to Be mm and SwoTS S to m bt Pe1
Secretary the Company, showing amount earned
which losses expenses and
Of the pfos so ma poron Stall be-
fd co. tn";dad No., tIran ~. a aan, 81 po - y
tni,aI -, -, ;s SS - 'e
;,'Ini ,rn va 10 nu. @ Stnc oiar" urd nnd H. T., nn
A'"" H' e " SWIM '' " pau 'i'ni III S"'''
| ARTICLE VI.
r. uh,r for ba t,oo- or o n,.. a.,
If tbr Comnanv in honds and nort,aes IN and
,nrovaL ra ata aiuatn in t naTiSi as of nrnn @ Ic
f-an TIA ro, aSn in,ost ta t,,fS oF H., - T.;
too's ta h., M NM tba "
his Slate or city and NAV loan te If nc
stocks And the board of Directors NAV Generally pyas ha
FTnds IF his Cnmnanr in any nanna tlsv ,nnv aa ~ 80 al
mt
fr1sr or tn tba laws ts S.o ad 81 i m
] ,e a col, n h aho ali ioahS oh Pe"ses o'
NJ is S; H f"an ,,; - , ,.
,a onoI p;,u &c ,s' bn ,oa J,iE any rear rs
@ 81 D. nr 81 5;raorS a n;. 10 NC aiu Iu1
=. ai S a ESQ., - % o., VI 'he SUI u
The Roord If Directors tromPh the y asidt NV ~
h. ~ -;
any pg f wi" ~ x DC eugsa TO 'e COMPANY
a. Ky trGu ie VI te SUM- IN ,nelf opn9h me lnetes
Va a ,h % ~ ut 49, sh", " n.elr NY ~
a Gn a W d me moi to fNcetG Pn
eALSa PPse specnS convened shouiu consent that INT
'"i'. 'e i'''u ~ 'h' "''i"'s'
| ,pTIrrEyr1
"
There shall be created BY the Board of Directors separate
u, ~ DC e c,ien tf toumgen "' consisting OF ult
money that may be received under the provisions Of Article
and from any other than premiums And this FIND shall
not touched Except the payment after the IRE
niums and all other cash funds shall have been pxhnusted
until said contingent fund shall amount to two hundred thon
dollars which the moneys appropriated till then
time and in the same manner as the dividends nro
| vited FOR in Article 4 " " ~ ~ 'oen'' p''
And the said fund of two hundred thousands donrs sh,
always held protection capital as well as the in
.,rrc, , WV,
'iN''h wiz
At the expiration of this Charter sooner if by