New Orleans daily crescent., 1860-08-06


power 10 appoint others TO 6li ihe vacnncies
The Bomd Of Trustees thus elected shall take their seats
the last Monday In October after the election and shall hold h
lereffon or until others are qualified 10 act il
These persons receiving plurality Of shall be consider
ed and declared duly elected In the event of no election taking
be within days the failure elect ,hG Civ,
notice thereof by in more Of the
The Board q Trustees ai e frst meeting IN eyory
time Of election, lie exctce members Of the Board mud wht
shall hold their office until their successors shall BE elected
Trustees the Company shnl conduct business
G In case Tie Il e Psedss The ha
preside such meetings and shall Sign the policies of the Com
Te of Trustees shall aX the compensation of a oieer
and clerks elected or employed by them in the service OF TIT
Thcy shan invest profits arising from the business of thu
Company in the hereinafter provided for They
hereby invested with fail frame and adopt such by
re"a,e FOR the Of lie COMPANY and the rnsae
ton It's atrs provided The does conflict with he
aws Of ts State snd tbey a have ai power 70 Do ali ohe
necessary for carrying into effect the objects and purposes
q the Company herein provided for and ill ali
ARTICLE @ FIrIamTba tao@ing named persons sha eonst
te the FIRST Board Of Trustees aud are hereby vested with at
sha hold their seats nnti The last Monday October escei
hundred and sixone or unl others elected in their place
TRUSTEES:
e'S Sss SS$5s SfGs; S,'ss''
$,sS SsSs''s sfisIs Rss$..a ESsssSs
!. \; Robert IN. Wasaer, ]: =. Msissfn,,
Theodore Frois, " aK,'' A kent, Magn Pug, s.A'
j. j. I BaissR BSaaSsn j5 J. 5f@aE a.r " WI l. GSas Ggsssr
and continue Il M e insure Win The Company aPd every gsol
credit on he books 9 the Company to be iss herein
and shall have the right vote in pc by proxy At
elections each certificate Of credit the books The Com
Issue thereof shall enfite he holder vote every
amount d one thousand dollars and then each haret
doa more re- shall f. entitled TO one I'd additional vote until III
d9iar when each one thousand dollars more Shall Ill be enttss
e Sqe a aadon N Nos ha sneh
vote within siN months PSier , 70 such q election c
power to invest from time to time one half Of the profits OF th
p a s a S
son and If every case the property mofssged shall be wor'l
They may also invest lie cash surplus profits Of Com
re aH. IN @ be ns sea d S f 3 sS % % 2
and may make loans Of such cash or surplus profits pledge J
my i tlle afoesad securities bonds Or stocks
ius puh Of Is profits bat the Board Of Trustees may
norgnEed to lie Company Any forced sae Of Tie same
promoted or should require sac pifce to save It oa los
ARrietE EtGafTbe officers Of the Company shall within
one time The rst policy Of insurance sha have Ieer
year easse estimate made swofn 10 hs the Pesi
dsg and 9 ts aa,s Ct he Gomaaay i2r the yea
petod emhfced 10 eh es'im4e distinguishing between Fire
IL @r ~ nnr9iIad f1r md iSii a. p,o.ta 4 Y e e
With proportional share of the by le Com
pany according e the aoant OF le premiums by him paid
miuns sha him with tie amount Of said premiums
and also with share in proportion thereto Of The profits
shall then appear to lie in favor Of the insurer hall lie emil
@ e ,o ~ ths s S % ~ e resaF @ am ssatesay be9r
Second Monday in November of each and every year con
thinning pfoyiso that the therein shah be abl
any and subsequent losses sustained by the Company
g Re Company for any premiums cTedeI S 70 S
the book aforesaid and slall not have paid the tn
to ea ch eereae pledge o s S a@vs e e the sn
detedness and even the certificate shall have been e
any Indebtedness Of the party whom have been delv
issuing ceFIifcate aud no transfer hereo
And in case any certificate Dr. certificates Of profits shan no
be called for by The parties entitled thereto within three year
from the date their ssne then the same Shall he ctnseed
and the thereof with a the neres accrued thereon
HUI nv Ss sfGq e ~ g omnsny s S @S p%c IN
French aud English thirty days in two OF the newspaper
published this city. which notice sal set forth tie amdan
Of the cecae and Tie name of the entitled e
doilas and fractional parts Of between teus OF dollars
shall be omitted and shall be placed 10 The credit Of e Con
nSsns % s and eaee @ @@ ea 9 the
rRc ceriiicae shaI OILY 10 transferable 5n Rs books of In
SRTfGn NIsrEvefy rerson who shall taco,,a = rooobs
Of 4is Company BY eisens 81 insurance @ Yein shall before p
Trustees and lie amount So maid shall never h
sa be Te or al he oa and eIpsnses ~ e S Scu4ed & ~ ~
xra NE M sum nf Il %, bTns % ~, ~ 9hts SliAl
sseeter 6e eneoged ff"n yer M ea "a III g sHGfSs '3
Whale ar in mart Of each yesy's ceT}tieaas f % u
yiriie of lie article hut lie cc1cae5 Of one bsi
not ps i ''e u W WV etens years are pa
The Board Of Trustees may however al any of their ANNA
beF y aep aad amend h ar,e Il Se 10 eS %Te @ 81 ts num-
xes IVY = !bai m y "a t o. ghe n. p before a.
said.
ARTICLE ELEyENr1-on some day in the first month afe
The oitfSs of he Company shall be made unIc