New Orleans daily crescent. [volume] ([New Orleans, La.]) 1851-1866, 1859-08-09
INSURANCE.
CHARTER OF THE
" LOUISIANA STATE INSURANCE. COMPANY.
urrsted states OF Amerfca--Stnte OF LOUISE
ana-City OF New orleans.

" LOUISIANA STATE INSURANCE. COMPANY.
on''e .as-Ciiy or New Orleans.
BEIT KNOWN, that this Twenty Seventh day of July,
ss # 81 g1iS & H.s r.
Aforesaid. duly commissioned and sworn. "' u
the provisions laws State relative
az IN
der the obligations spustons and regulations following,
AnriclE This Company shall be established in the city
f1s HRa snss1
make Act Ths se are declared be
and other vessels eighs ssanen. wages goods wares
Il as
Of the river inland transportation usually
sa
sd aSss s % int in
and life Of Kind q description and they
which they made shall make Insurance and all eta.
tons Whatever kind nature shall DO served npon the
SHSTsSsb THREE
dollars 70 Ss p aS ss
time sad i Ths shall
twenty dollars sss6 and every share
F,s,5ss
twenty dollars zach share such periods
da noes IL English and Frensh Il Two i s na
Of city shall given Of payment
exercised y Board q y, Ct
q he e as a
such elections days previous IN English and
ad
sash vae.nsss The Beard hss elected shall take
sSss y f. + 9s. receiving
event sse.io. taking p.ss on the sers.sa Pe
.:. sas *
ss for sss and
number Of twenty In ali siseons Dsctors
@ % No
He rs, Board Of Directors shall be composed Of the follow
Ing named s,hser Esa;s e x j. n Robert Lap.ins
continue I'D. hs sssond Monday in September 1896 or an
Arr s. Al expiration of the charter Of this Company,
after g. IL
It's I'd E hs b. y1d F three
wso shall remain until The ana liquidation # las
HsT Ths Company shall its Sunes, on the
frs. e sspsmesr next f. and SAID oonp1ny exist
having Of the State Of Loaissna
Aa S s certain
and dispose Of The he Company shall also haye
- e al sss
and mmuniies granted contemplated BY statute
AFT g. Nc ps1sen shall be capable of being elected
D. Is s hod h NAV S
partner least shares of the stock Of said Company
elect President Preference shall given to member Of
the Board nevertheless the President may be selected from
shall hold his office until bis successor be elect
conduct the business Of the Company generally super
,ss s e the m 81 I al gc and shall
No stakeholder shall be eligible President he owns
dent shall furnish bond or faithful Of Ills duties in
the sum OF twenty thousand dollars subject to the approval
ART o. The Board of Directors shall have the power to
say the conducting of the business Of said Company and
deem necessary for ths Company They
az s S 81 csn St al s
have gil all which may occur in their num-
Art. 10 ssd Company shall no. directly indirectly deal
6s 81
security Gf Of s.Sk pledged oF ssea Of
at Or %
been abandoned them
tons n Of I, their lib business sine a,,.,.
improved real estate which shall deemed worth
the limits Of The parish Of Orleans. - : -'''s
also nvett The said capital and other funds in any
States Of this State q corporations Of The state make
fsns @ any ny e @
cent be charged that nothing herein contained
getisbs paper, do any other banking operations.
ART Is The stockholders shall not be responsible for
Art i Aay sabssIIssr sossholdsf VIZ shall neglect
shall 70 the Company ali previous payments and cease 10
ART IL Should The annual profits of the Company exceed
twenty cent dividend of ten cent the of
the capital originally paid in cash the stockholders shall be
aS p as
be carried pro asa the credit Of the notes furnished by the
per The thereof shall be carried the credit Of
'he a. AFORESAID m
risks which shall net At the time Of making the
sdred as forming part Of the profits Of said Company and in
case Of any os osse whereby the capital stock Of said
made until such elimination shall have been covered by the
and after its stock has been reazsd entirely paid in
establish reserve sinking fund not exceeding wo hundred
Art IS I shall be the duty the President and Directors
issue the stockholders certificates fo- II paid shares.
AsI t. Agreeably to the laws Of this State, and With
Sc
Of lily sh aRs BE M Tss
statement shall be certified and by the President and
Arr Il No stock Shall e snsierred unless he transfer
be made the books of the Company and the lab lily Of the
10 be Transferred hall when The Hoard D
eeor shall have consented to receive another note notes
on the shares to be transferred.
ART 49, This of corporation be modified altered
amended said Company dissolved at general meeting be
for that purpose and with the sent of hreeourths
10 RE names and respective Interests Of the parties
to this act are declared ts be as follows viz:
Robert Ss e g. j. s.. si Is5 A sIS5SS
Bsssa SqSlom d.: ....... sSSS
al. A..