New Orleans daily crescent., 1859-09-21
INSURANCE.
THARTER II OF THE
" LOUISIANA STATE INSURANCE COMPANY.
United States Of America-Sfato of LOuisi-
ann-Clty OF New Orleans.

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LOUISIANA STATE INSURANCE COMPANY.
United sdy st 5s New Ssssn: e. l0"''
hs yesr LORD sishsssn hsnsrsd
Ne Nss.y
afersssid d. auly % saa and .1ora ''
n: parties shos name. axe
Tho Isiative . ,hs
and s,d bind
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der the obligations pulsons and regulations following to-
ARTICLE This Company shall b established in the city Of
@ s. 81
The Of Company are 70 % 70
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President ef the Company. u,nrv
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eospsay sSs = ~
dsys notice Enkh French, in Of the newspapers
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Continue second Monday in september lso unt
AK. # The eh.rtss 4 this coppssy
s q
It's debts paid under the charter and pern endence Of three
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II T.;
with s ,hs
pieyldss ;5es snis Isseys "a
and dispose # hs COMPANY ,haii Also have
mmuniies contemplated by the statute
No shall be capable so,a e bs.g elected
or il the name Of commere house which may
% s ss at is
eect President Preference shall BE- given to member Of
fbs Pisdsnt hold his Office until his
Conduct Of Company gsnersy super
| them be counter signed by the Secretary.
shares Of The stock f said
Prior to d the hi. Il e. s Pss
Thousand dollars subject to the approval Of
ART ' The Board of Directors shall have the power to
sppp sSsh @ g M and Sa,os q I'D a
ordan such tyla and rsgulations they shall
shalt shalt * the Compensation mp 5 President
clerks and Of sd Company and shall also
ART IT, ssid Company shall no. directly or indirectly deal
or trade in buying selling goods, merchandse
said Company dispose Of given them by of
y II Of os pa S
public S sale Or
have been concerning tho
s
l %
dob. the thereon and shall be situated within
is' o hs and other funds in
OF I'll & hs
in ssEs f ny IS Ss
per be charged and that nothing herein contained
be construed authorize the Company to discount
gotiable paper, do other banking operations
The shall have make loans predicated
shall not be for
losses beyond the amount OF their respective shares:
l3. Any subscriber sockholde who shall neglect
nstamen when ordered by the Board Of Directors
the Company all previous payments and
| be stockhoder in saia Company.
twenty per CENT dividend Of ten per cent on the
ss X e s
papy the The surplus profits shall
carried Iaa The credit Of the notes by the
cent? the amount thereof shall be carried to the credit Of
| the stockholder as aforesaid.
risks which shall no. be At the time Of making tho
affairs Of the cempany shall not be
Of loss whereby the capital stock Of said
made until such dmnuon shall have been covered by the
Company of twothrds eff the stockhod.
establish sinking fund not exceeding two hundred
ART. 49, shall the duty the President and Directors
as the e ssa enry id
ASr i6 Aseeably to the laws Of this State and within
ay board published
& ,s e Ss a saGfa @ y
II No stock shall te transferred unless the transfer
the fer unpaid
shares be transferred shall only when the Board Of D
from The rasferee the stocks for The remaining
| on the shares to be transfer red.
amended or Company general meeting to be
convened for that and with the of
ART t. The and respective Interests of the parties
| to this act are declared te be as follows, viz:
Names. Shares Amounts.
| S,uU
Bellocq, Nobiom Coz. ....... 50 5000