New Orleans daily crescent. [volume] ([New Orleans, La.]) 1851-1866, 1859-08-08
INSURANCE.
CHARTER OF THE
LOUISIANA STATE INSURANCE. COMPANY.
Unlted States OF America--State Of Loulsi-
ana-City OF New Orleans.

CHARTEH OF TINE
LOUISIANA STATE INSURANCE COMPANY.
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An7rcla This Company shall ~ established the city
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in H'ps assd President shall sgpOnt
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be given either in person by and no Per.
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The s Board q Directors shall be Of The oow
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continue until Tho second Monday in September 1900 or until
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af.ifset The Company.
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with Is. same q The Company upon the margin
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movable and poperss and 70 SELL ALLEVIATE
pever e and TO se aud plead and b nPssdsd
and nmunes granted contemplated by the statute
Art. g. No person shall be capable q being elected
Or ~
board q Discors shall nrs. meeting every
he nsvehsess the President may be selected frO
shall hold hi. Office until his be
3D. shall y mssE Il, sosa s saa
yoa Of The Board He shall Sign Al pocss and shall csus
NJ stocasods. .hsi b eligible Z Prsdent unless he own
twenty shares Of capital stock Ct said Company
dent corr
the thousand dollars subject to the approval
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say for the conducting Tho business sad Company
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shall 6x the Compensation Of the President and q all Off
have power TO ali which may in their
AH1 H. Company shall not directly indirectly dsa
buying selling goods wares or merchandise bu
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q pubic
Them obtained o. Of property movable or whic
or other funds in bonds mortgages mime
improved real estate which eass be deemed
he imi n q The parish q Orleans w - - -
5 as ea Or e asr s es uhs n.
States OF Of this State corporations OF the State NAL
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getsbis paper, any other banking operations.
upon he pi.dss Of its sock. ' ''' ''s1''-
Y TIE % ., shall sG b responsible
ART Any subscriber or stoekhoder sho shall nsgle
The Company all previous payments. and
T. sssas Il. Profits of the
twenty per cent dividend Of ten per cent. on the amount
Of the affair, The surplus profits
In case the said profits should not s.s.ed
is Understood ha ~ proportion Of premiums received
annual statement ofthe affairs the Company shall
case any loss q losses Whereby the capital .oe2 Of
hail. b , no s. shall
Tue Company may, BY vote Of twS.hds Of the stoekho
establish reserve sinking fund not exceeding two hundr
All Is .s.l be The duty of the Psssdsp: and pitseo
hest
Asss.by e The law. this State And vi,
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shall be certified and to by the President
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BE- the books Of a and 5 s Of
shares 70 transferred only when
recorS snail consented or
transferae Of stocks the remaining
on the shares to be transferred.
ART ls This act Of corporation can be modified altered
convened for that and with this OF threefour
of the stock represented Ut such meeting.
ART 49, The and respective interests Of the par
to this act declared to be as follows, viz
Names. Shares. Amou
Robert d. Co., j. ACKNOWLEDGEMENTS. 100 5000
Avet, Fred. 50 Sol
Bellocq, Noblom & Co....... 50 500
Bonnaton, j. ACKNOWLEDGEMENTS. 80 5Uc
Connolly Co., James. ............... 50 sos
FIois d. Co., Thee. 81 SO
Fssnatch Bro ACKNOWLEDGEMENTS. 80 b,Gt