New Orleans daily crescent. [volume] ([New Orleans, La.]) 1851-1866, 1858-01-20
INSURANCE.

a
go z =, = : -. : =
SRtTs R t "a ~ AZ N, shh AZ ~ ANN IN
the OF our Lord one thousand eight hundred and my seven
ps men 81 es vPe l NSal me
d aad d II ssus and
,he mnes nmes sr herenn,o snoserosd wno %
sss Ioasana TsSs ,o 10 s ossn 81 me 81 sorpoons
~ ng nsss oose1 h sna Agreed anq az ~ h he
ssy , form into and ssa;uts
and raxSI.sions ooinr ,sasPs ~ ANY, aAas' s
oi~ 'ee A0"s t"'o" wing. .nns y " -
.......,,, AhIlo l fIssT. .,,.,. ,r,opp
INsURANCE CONF NY on NEW "t oRiRANsn and is
do a Is hereby established IN the Ely q Ney orlsans y
M % '2a sny o osss % % nd h say
seal having Tor device the coat Of arms Of s STATE
and s aas az Tx sac N the name OF me company
ARTICLE SECOND.
to be v -' company '''''O' 4'''A-'1
ls To make assurances dwelling houses stores cotton
and every sher description buildings
nure goods wares merchandise machinery and ether prop
ID 70 make Insurance. upon ships and other sea vessels
s and shs vessels rsgh; goods wares %erchsR
denees of debt commissions profits bullion Or money
Ives bOitOry and respondsnta interests In other words G q
sTsr he Marine river and s Of any kind whas0
The Company itself be rensued risk
tees legal process wherein the Company may be
manner hereinafter proydea G 70 IN 'ne
ARTICLE THIRD.
M s so % S SoPs n 90 TU ana
Of one hundred dollars each 10 Be paid for al The te and IN The
manner following, to-wlt:
The subscribers the said Company shall pay the
he sum twenty dollars 10 cash on each and every share
subscribed By them and furnish their notes to the order of the
BILE on demand at the Office Of said Company such time and
aeI s s ne dsar a % Sr p S neos sG, NOR
es and EnElS + lsas q he dsly papers
published in The city shall be given Of or s 70
Thousand dollars NAV be increased 10 the sum Of dye hundred
6OusSnd dollars as Hereinafter provided for
| ARTICLE FOURTH.
corporate me o2mpsny shall pc oy
~ o u ~ e pe, W DC s ne on
Of eb sb he ,ver IN a. east two dv
pubisbeJ IN th Civ ssd eeptnaed for teU dns
Immediately preceding said election in the French and English
nnguages fhe Board shall appoint three
pSeda Al sch eerfnns and nv of said
cline fail attend the President shall sppont others 10 et
n their egd tne soaa ag' elected are 70 lake 81 seats on
year herefom or until their successors are elected
and asied The irst election shall take pace within twenty
SsSs a ne date bsrsoe and fs ne noiice ahoa nrnx
ded for Messrs Thos N Blake Eugene Motion and Fran.
70 preside election persons shall
Be the T:t Directors Of said Company and shall IL Of
the votes shall By ballot persons
IeeeiSng o. votes o. We be
any an9 ie ssn o. NJ election asng
az s a " .Sse Si'n Ten Jays Aha give notice
Eaen anu every ns ethef h person
q, oy prey. 70 e dd ~, nSg waia ns sns %
fao9 o. company snail os 70 greater mum PIT o. votes
~ -
" '''Di v HETIcLE FrFTg, ~ -'N
Company sooner ordered BY vote Of the stockholders
qniGaed is debts paid under tie charge and
three 70 DO spgoined By the Board q Direct
the affairs of the Company
ARTICLE SIXTH.
The Board Of Directors shall meeting every
year elect from themselves President and Vice Presi
elected elect 'D' 10
ARTICLE SEVENTH.
COMPANY who does not al the time Of ais election and during
house Of which he may be partner at least ten
shares Of the stock Of said company.
ARTICLE EIGHTH.
The Board of Directors shall have the power to appoint such
officers clerks and employees ss shall be necessary qy the con
laws rules and regulations as they may necessary for the
iet with the laws Of this State or the true intent and meaning
Of this act .,--,--,--.
pioy elected employed by service the
Ps AMI s s1S a'S o e e 20 @ may
ARTICLE NINTH.
ns Of he Board he shah conduct and manage the business
the Company generally under The suPsryop Of the Board Of
Directors in OF his ABSENCE the Vice President shall
side at such meetings.
The Ro., ., pao,o A .he 6a psS Sa:r To 0vs, from
time money capital the Company bonds aud
the parish Of Orleans which IN every case shall be deemed
worth az least double the amount loaned thereon They may ss
invest The profits Of The Company in any bonds created
aforesaid securities stock They shall power
L
pledged toJ security OF q property conveyed 70 them nsas
s ~ , so o jIs IN ss5 p a'orn
s,s 'pou ~ ~ y, sii n ,y'vslia yyiieb r,ay
bs y. "a t ny w IA S ~ ~ & ~ ~
raons n r. ness mi potb bsrsin sonsined sii he "a
construed as 10 authorize the said COMPANY TO discount egs
be pape or 10 do eny other BANKING operation nor either al
recv or Indirectly 10 deal or trade In huyng or selling
able or immoyabIs property goods wares or merchandise
| ARTICIE ELEVENTH
Yearly dividends shall be made Of 40 much Of the profits of the
onnav ~ shall apnear sdvisab hui he proporon OF pre-
minus Received on ks which shall not be terminated at he
time Of making such dividends shall not be considered as form
Ing parts the profits Of the Company any
or losses whereby be capital stock of aid COMPANY shall be
Iessened no subsequent dividend shall dm
mutton shall have been covered and made by the profits
ARTICLE TWELFTH.
II the YEARLY dvidsnds to be declared as aforesaid the
be paid 10 The shall not exceed ten per
cent on the amount maid in and the balance placed
ne credit Of unDaid stock account until the paid full
when il snail m the uty Of the President and board " Directors
To su eertictea 10 he holders for ful paid shares
| ~ -''' sprIcI n TuTpTTFSTH
| =, 49, - -, = - ~ a. = - - al b 49,, t
Atef he D n IN 100 y l I'm a ~, I'LL
Pau III, uie polu VI ~ ~ - . ~, 80 AZ;
from eacn yearly doena anu Jay n ueh par ol Wy saa
1ehus ~ hey ly ueel PIePsI l,t' ~ %
IMAM t~o hanuted anu my thpusnu uuiS siHi "a &
10. iea anu fe"'Aeu' 70 DC "uueu " 'e eSpA " ' ~
/ -"~S' ,,e..-.-..,,,--r.