New Orleans daily crescent. [volume] ([New Orleans, La.]) 1851-1866, 1859-10-01
Ar CT B v.

sors III A.. and e.ks
the first the lat Monday # ssp
such e b By
give least fourteen days previous notice in two of the bic
shall appoint the members Of corporation Inspect
uch elections and il of said ins ectors
iii such vacancies The Board Their
seats on the last r pn 10
following Of
'0"" ALPHoNsE M1LTENBERGER.
Nm, WRIGHT,
9.LLAhn,ssEE
il asiBBhk. .".
(. RocHEREAU.
II MIhhAuboN,
q.ssAAssAAITIER,
F. 4. hoassLox,
In elections those receiving
Of .s be nse. sb duly v il The
President shall election take place within
r a s1,ss2 w a + e seesa smons elect
selves member Of tho Board He shall hold
NJ Sfs sG as s:a
st. Of Of ss I'D 81
lon Tss shall os b hs s qy a
n officers clerks employed elected y the Company
bylaws they deem and convenient for
ay hs Act o laws o. the State q and
they shall have do all acts ont the
occur ia the Board Or Presidency.
ARrIcLEvI
Every who shall hereafter insure with this Company
and be Re sna s:R b his
ao discharged payment Of ssses shall be deemed
1 s. And ps
dsas s s9 ss.
the amosnt Of certificate shall reach one Thousand dollar.
tionai until of the certificate shall reach Ave
Thousand dollars when each thoussna dollars sh. be
aforesaid t1s the holder hsrssf to shall no.
ARTICLE VII.
shall be lawful this the proats of
proved real the city nav Orleans amount not
They also invest the profits e the GmPsny in the stocks
state or 81 this city may the .pon receiving
s.ch stocks in sums not exceeding Of
Company hold real estate to aue.n. not exceed
Board to purchase in addition any properly which may
st s
| ARTICLE VII.
The officers Of the Company e. The expiration Of yea.
date and within month thereafter and during first
d an Il IT.
pany of the affairs thereof may be for the preceding
eod embraced in such eStms dssDsushins betsee fire.
river policies which estimate shall be conclusive
for all persons entitled certificates of profits herein
after provided for and shall hereuron balance
be made of the affairs of said Company in which they
shall charge each insurer with proportionste share
the losses of the said Company according to the amount
premiums by him paid but in shall such share
the Of such premiums and also with equal share
the profits Of the Company derived from Investments in
portion said amount said insurer ha therenpon be
titled certificate signed by the President and Secretary
Company the his credit books of thu
Company said certificate entitled six cent interest
payable Monday Of October Of each and
proviso that the therein is liable fol
further loss which BIZ sustained by the said Company
issued for the fractional parts Of
between dollars for less than ten dol
ali such fractional of and sums less thai
the account OF tn
Comp shall applied and other charge
| of the year which they appertsin.
These certificates shall be transfer BILE except by tho
Conpany and the shall be duly entered TIL
| books thereof.
| ARTICLE
Every person who shall become member OF this Cohpar
eectins shall the first tine he effects in
receives his policy the tina
nav Fixed Board and made shal
ever be with rawn said Company, except heeisafe
provided for but shall liable for all the expenses losse
| incurred by this Company.