New Orleans daily crescent. [volume] ([New Orleans, La.]) 1851-1866, 1859-08-16

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666SFASRahHSs' HARRISON NJ . CO.. 60,
Capital subscribed, S4ll,boo.
ARrIcLE
tou those persons eady and those who
hon. psyaeis AZ twelve months from the M Of
@
i These notes are to be subject to a" the e0nnssn
'. All made by .hoss parties bs
paid note e The
u h cmpsag m
sum han The that be due NJ note their
q Which shall b s sn nal the
paymeDt tie same entitled
ss .houid he wants the Company require
parties 10 the notes shall pay faith before maturity
ivng all and every plea Of want Of value or consideration for
s FfRH n sH',Hz st ss5 3 il
said notes shall be cancelled and surrendered
ARTICLE v.
All the powers of the Company shall be exercised
% @ e qes
to BE- elected except first year tho last Monday of Sep
ssa
give s I Of s
shall appoint three of the members Of the corporation inspect
5 It hs
AL such s ss q ensuing %
the heefrom or until others are qualified to act
For the rst year that this Company operation
following named subscribers shall ot the Board of Directors
'0'W"- ALPHoNsE M1LTENBEKaER,
s 9.haABSAAskBY ~....
4 RE5lHARpr &c..
j. 4.K Eq H1sgAEbe,
a ii;AERo''
ober Of the ensuing In elections those receiving
psss on the day @ the
ss and r.e
in one 81 public reyspspe,s pusish.d This city
Tsf se1sa s sSe .Ss
be member Of the Board He shall hold
hs preside ~ meetings Of the Beard
a d. ct the business Company suaeys.
shall b The ~ e The mt q
lie ocsss clerks employed elected y COMPANY
such they may deem and convenient Tor
t ray TO h Act 70 The laws o. the State Louisiana
shall have AYE acts m al out s
occur il the Board or Presidency.
ARTICLE VI.
Every person who shall hereafter insure with this Company,
and insured and person holding IN his
p pawn nn no
Of this and entitled ygs or
Charged BY payment shall ente the holder to one
I e ct b S
sni then each FIVE hundred dollars shall be entitled one add
thensad dollars when each thousand dollars shall be
sa to hs no
been transferred for shorter period than six months prior &c
said election.
ARTICLE VII.
shall be lawful for this Board the profits
and he e e eans to @
exceeding of the profits and in every case
They may also profits of the Company the stocks
sss eS oan
stocks security in sums not exceeding threeourhs
Tie Company may hold real estate to not exceed
ssd S pa4esas nett ne
mogaged to said Company # any forged ae Of the saue
ARTICLE VIII.
officers the compspy st The print Of
s ana Wh te Sr during
shall an Il nat
pans Of The affairs Thereof may be or The preceding
year including stamen o. autng I'M
river policies, which estimate shall be concusiy
entitled receive certificates of profits here
after provided for and shall thereuron cause balance
be made of the affairs of said Company in which the!
shall charge each insurer with pfonorsonste shne
the losses of the said Company according to the amount
premiums by him paid but no shall such share excee
The amount such premiums and also with equal share
the profits of the Company derived from Investments In pro
portion said amount and said insurer shall tereupon be en-
titled certificate signed by the President and Secretary
said Company of the fmoun of his credit on the books Of t
Company said certificate be entitled to six cent interest
pas able second Monday OF October Of each year and
proviso, that the amount nan' therein Is liable TO
any further which be sustained by the said Company
No certificate be tsued for the fractional parts Of sum,
between even tens dollars less than ten dol
lars hut all fractional parts of and less tina
ten dollars passed the ingent account of tn
Copauy ard applied the and other charge
| Of The year to which they appertain.
shall be transfer be except by the
sent OF the Company the shall be duly entered tn
books thereof.