New Orleans daily crescent. [volume] ([New Orleans, La.]) 1851-1866, 1859-09-17

Tisy ~ I. :: rsi,...sa .s.ips say
RI 4: :;y L.:
= & ~: IL: .s. +
AR1IsLs III.
't' declared to be as ''''''' !. iss3SHr.EAy 500.
Z s ss's $t1ss? s ss$s,
xosfSSSis1 WIFE nIfS'
hs1anAHS Bros.
s6SRhk, R1 2sSsi'lsos X; &C.
Captal .u5seribed, s4l1, SEQ.
ARTICLE ".
For the carving ont the ssss. Of hi,
shs note. gpIo,sd Of y
s m IN 5
wh IT. ~
notes are TO be subject to all the e0nns'n
e, he s'
End sss
a." saes ia nss1y sf
the essmum VII Which sh.
s s ss -si
r. & % sss afs s:
the ,hs. to be due on hi. their note
sss ssme All and every pea
~ Il srP III e.
said notes shall be cancelled and surrendered.
ARTICLE v.
and sush ss and clerks
such b b
! IF n.sss
ors such ec'ions and Il of said INSPECTORS
s or IL f. @
s last Of aS.s
oown inc shall the Board Directors
'''~''- ALpHoNsE MILTENBERaER.
9. LAUVE
IL sa RABBBIih
81 FG SaSGHfb6
as4RAT1ER,
i Fly sGs1ox,
plurality shsl be Considered duly elsesd il II
l n shall to take
s s1sasse hs Board He shall hold
% M q. che rssR s
s .as elected
they deem and on, n tor
70 ss and
do all acts 81 s to the
occur in The Board or Presidency.
ARrrcLE w.
Every who shall hereafter insure with TIL,
nae 70 be re s 5 e 81 s
pany not discharged BY payment esses shall be deemed
at of s fns
T the
Of the certificate shall reach one Thousand dollars
onsi vote until Of the certificate shall reach ~.
sse ons ali sss be
g hsn M aa
said election.
| ARTICLE VII.
shall be lawful for this Board to invest the profits Of tn
proved zeal estate in the city New Orleans
hs pops shall be worth
s Il hs q M
State Of this city, and may loan the same upon recevn
the par value Of the same;
The 81 p Bur
purchase in addition, any property which may
IN TIER opinion it may Be advantage Company.
|
The officers the Company, at the expiration Of
from the time tie policy shall
date AMI within month thereafter and during the frs
of succeeding shall cause estimate to
by the President and Secretary of the Com
the affairs thereof as may be for the precedn
year including statement of assurances effected during h
period in such estimate distinguishing between Are
policies which estimate shall be conclusv
for entitled receive certificates OF profits herei
provided for and shall therenpon balance
| In made of he
shall charge each insurer with proportionate share
the losses said Company according to the amount
him paid but shall such share
the profits Of Company derived from Investments in
said amount and said insurer shat thereupon be er
titled signed by the President and Secretary
Company of the amount OF his credit the books of h
on the Monday October of each year
provso that the amount nam. therein liable
any which sustained by the said Company
be issued for the fractional parts of sum
lars but all fractional of and sums less tina
ten dollars are the ngen account of til
Company applied the and other charg
of the year to which they apperan ,
Company the shall be duly entered II
books thereof.
ARTICLE TX.
Every person who shall member Of this Compar
by eectng ther in SHALL the first me he effects
surance before he his policy the rates III
he liked by the Board and payment made sha
provided for shall be liable all the and loss
incurred by this Company.
ARTICLE