New Orleans daily crescent. [volume] ([New Orleans, La.]) 1851-1866, 1859-09-02
INSURANCE.
CHARTER OF THE 4...
~ LOUISIANA STATE INSURANCE. COMPANY.
rI,,seea States Of Americn..State OF LOulss.
nmn-Clty OF New Orleans.

The year Of our Lord eighteen hundred and and Of
Bssss ne 80
y sn % q asw
and III Taoss ~
The laws q relative he
Sy
'ass
de- the obligations spulations and oo~ns TO-
Article This Company shall DO e.b|ished T.! the city Of
ART The purposes Of the Company declared 70 te 2
C.
gold silver bank 81 sSmmlssens
Il the river inland transportation and such as as usually n
and a x
aud lives bostomry and respondents in other
and life sinl description soa
lions q kind nature, shall be served the
fss ,tss1 fss at ;n THREE RE-
thousand shares Of hundred dollars sssh DO pad
time and in the folio sing 10 VII The subscfbers shall
9 o.. ssa and syssy
ana s$ssa
nsa!imssn's twea.y dollars hare periods
%ss be n aad IN %
Of this city shall given Of o. payments to Be made
e p.s II
such elections given days previous English
sssf
shall remain II oss until their
h "a H.
event o. no ess0n ,kng p e. on tho dsy The Ps
and give nSiGs q s "
shall be entitled vote for each every which he.
I'd sss s. IT, nc @
number Of Than twenty In all elections Of Dreco
shall share transferred to him within ninety
fhe arst Boar shall composed Of the follow.
as F.a f I'll b s
# Earrs md n taaqsheau and their term Office snail
Their successors eieeted,
A. The expiration Of the charter q this Company,
provided for The affairs company hull qudeed
e ppone bs the Board q Dreeors ana
shall remain office uus ,he final liquidation Of the
Arr mo ,ompaoy shall I,s business the
wsny ssrs from The Aforesaid Osts Il Shall have ssal
having device the Of Of the State Of Lousian
ns 70 s sys certain
movable and innovabe sell alisoate
and eos n hs n seS e.5 b ssS T. a also have
and be answered. aud generally exercise rights
81 and ana'' grained Or By the statute
NJ ps,soa shut ss capable of being elected
III The name commerce house which il. may BE-
The oad Of Director. h ali at lis meeting every year
ss s p,s s ss sssn 70
t ss he 80 e sns
them 70 e &c, s y s tes Secrecy
at least twenty shares Of the ,a stock q company
s r 5l o as 81 h O. III i
the q tssnt neasand collars subject to the approval Of
ART o. The Board of Directors shall have the power to
p Ss esaass e. s sP pa1ss y ~. @ DC sns
e oraain saeh y sxs r. ss and regulations as they shall
shall fix the pcnsaion Of he FTesaen mn d s Of
sI al ss Of s ns apa ss o
be. or in Z, the presidency. s r. d, .,.p -,
ssid COMPANY may dispose q mortgages given ~ Way Of
veyed lhe 10 sas cti Of qebs previously contracted
Them obaus o. Of any properly abe or Iovabis Witch
bas b. eatdoned to them for concerning opera
Ar il. Tbs sid company may capital money
donb w Cd thereon shall be within
i may he said capi.al other funds in any
OF o. I lie ae n"ss
loans in pledge q any Of the aforesaid securities bonds
cent, per cha ged and that nothing herein aned
&c pses as S n ssnsF
The Complain shall o. have to make loans predcatsd
ART y. The stockhod shall be responsible for
losses beyond The amount their ectve shares.
49, sub5cr Der siockhoi1st who shall
pay install when defe by the Board Direcors
shall forfeit the Company all previous
he a storkholotr In sal Compan
AIT A. Should the profits Of the CompBny
twenty div deni of ten the OF
tho capital originally pa IN cash by the s'eektoldes shall be
paDy's OF the aa The profits
be pro the credit of the funi
stockholders In the said profits should
Thereof shall he carried the credit Of
Iii understood that the proportion Of premiums
risks which shall be Terminated the time making
annual statement OF the affairs of the Company shall
sidered forming Of the profits Of said Company
pnny bs ed subsequent dividend shall be
until such dninution shall have been by
profits
The Company by vote Of thirds Of the seckhod
and after It's stock has been realized entirely paid n
establish sinking fund exceeding hundred
thousand dollars.
shall be the duty Presiden. and Directors
the stock Of said Company Ia realized aid
issus to the stockholders certificates for fu paid
AKT l6. Agreeaby 10 the laws of this State, and within
the FIRST fifteen day OF September of each year shall be the
duty Of Board Of Directors published
least two of the city papers, in English and French
OF the aa RS OF the Company exhibited Its books The
shall be certified and the
tecreary and shall be binding all parties
ART IT, No stock shall Re transferred unless the transfer
be made the books of the Company aud the lab of the
stockhoder towards the Company for the unpaid
sar be transferred shall only when the
from the traneee of tne stocks for the remaining
on the shares to be transfe red
49, This Of corporation be modified altered
amended said Company dissolved general meeting be
of the stock represented at snch meeting
49, The and respective interests of the parties