New Orleans daily crescent. [volume] ([New Orleans, La.]) 1851-1866, 1859-09-17
INSURANCE.
CSHARTEH OF THE
~ LOUISIANA STATE INSURANCE COMPANY.
United STATES of Americe--State of LOUISE
aun--City of New Orleans

- LOUISIANA STATE INSURANCE COMPANY.
e.s'" aaa-.ciiy OF New Orleans.
RE 1T KNOWN that This Twenty Seventh day Of July in
s Lord I'd s sH oss snes highly
me s S1,y rsSS
a aS s se e d Sl.y aaa Pnis
sa%s fa ass
laws T. sss nave
s and and bind
ap hess for s
der obligations spulations and resu'aons To-
VIZ Tb, Company shall be established the city OF
Ssw rs
and
IT..
profits and against all maritime risks and risks
inland H., and such as are usually In
ass and furniture against i as
,ss M
a AZ p
which they have made or shall make insurance and al cts
President Of the Company. ~
ss fsSi ata po sFss
and Il Are Of dollars BE- Pad the
q
the , NJ in s b ne each and
% u Ss
Company may direct Provided same shall Be- made BY
twenty dollars share such periods
Of Sssa E t.
exercised BY board Directors composed Of
aususs Il the es'
New Orleans Tbs Board shall apPont hres Of the Stock
%s as r. shs sspoa.
ss s
shall remain in oiee .herefo. until their
III aaesss on s. S.a ]
thereafter and give notice Of the same By advertisement in
shall sn t. % ss and a which o
vidua cooperation shall b entitled greater
uSs. b. given either person or By proxy and no
SON shall any share transferred to him within ninety
st d Drscos be Of the
s Thso
g. H Ears and 0aspshsau and their term Of ocs shall
iher successors are elected .'''' y N'''
Of
20
shall remain in Office until the final liquidation Of the
AIT s. The COMPANY ,hsl commence Its business on the
ess y
having the Goa. Of arms q the State of Louisiana
'ia \; TRs Company Ssss go~sI certain
possess movable Propsr.s
dispose Of the and the Company shall also have
power 10 sued, plead and implicated
be answered aud generally to exercise all rights
and granted or contemplated by the sssuss
ART. s. No person shall bs capable Of being elected
in the Of commercial house Of which be may be
The Board Of Directors shall its r meeting in year
elect President PresreDee shall be given to member Of
sefhyasls %
conduct the business Of the
them % be eoantersigned By Ihs seers,sry., -
No s r s IS ID ss aes %
p f n M Il H. s
the Thousand dollars subject to the approval Of
AIT The Board Of Directors shall have the power to
pp0n sSs sefk and "a shall be
e odaa such BYLAWS regulations as they shall
deem for the Of said Company They
clerks and empoyees of ssd Company and shall also
ssa Company shall no. directly indirectly deal
purchased public sale judgment orders seizure
may been abandoned to them for concerning opera
ART. il. The rnid Company may invest its capital money
funds in bonds and mortgages 1nncmbered and
double oaoed thereon shall be situated within
.may also nvst The said capital and other funds in any
bonds It & created y or nas The an Ct The United
loans in amy Ct hs -
per charged and that nothing contained
Construed authoize the Company discount
The sh1 mol power to make loans predcated
losss. beyond the amount o. their respective shares
to pay any when ordered BY the Board Of
shall to the Compsny aprevious payments and
should r. 4 profits Of the Company exceed
the capital Originally paid 10 cash BY the stockholders shall
declared payable thirty days after The Esblieaon q NJ COM
E.
ssP
risks when shall mol a. the time Of making the
.nnu. Of the affairs Of The Company shall not be
any loss osses, whereby the capital stock ad
made until such dmnut0n shall have been covered by the
L. enre
establish reserve sinking fund not exceeding two hundred
Is i sh. b. the duty Of the President and Director.
the stoEhsids ceTtdeates 10 II
n r.! s.sss Ssasass, q s.sh hs
+ = = ns95s
1sr T. Y unless transfer
ssoceEods towards he Go%psny unpaid
hs only the & Of m
from the the stocks The remaining
S, w
Of the stock represented a suen nesting.
to this act are declared to be as follows, viz:
Robert sss e.. j. sfs5'' 4 .PssS
selioea Sobiom 8 sos
connciy Co. o.. smes 50 sos
Frois Co., Thee. u 500
q