New Orleans daily crescent. [volume] ([New Orleans, La.]) 1851-1866, 1860-09-10
INSURANCE.
QUARTER OF THE LOUISIANA STATE
~ MUTUAL INSURANCE COMPANY.
STATE OF LOUISIANA, CRY OF NEW ORLEANS

BE- y remembered ,at this twentyeven,b day Of the
s nn a y and ne our Lord Tho ssht hun
America the eiglty-hfth,
stoned and sworn The Parish OF Orleans State Of Louisiana
and p the presence Of tho witnesses hereinafter named
Personally End appeared e parties, whose
the provisions tho laws Of The State Of Louisiana to
lS ssse s fy haa
bind themselves aud those whom they represent establish an
the Obligations stI1ations and regulations following towt
AETgGE FasGL5 s sad Company sha pc established
gnSIed Sy hs ass 9a M tie 2 STATE MI
ra2ns on Or abort e trst Day Of September 1860
from ihe gaze hereof ues soohef determined provided
device the roato arla Of the State Louisiana for an
The Pr5denor Secretary II Tie snll be the proper
s .sEs process matters wherein s Company may be inter
Article objects and purposes of the Company
0, Es aSi nsks ia.ggce Dwelling houses Stores
property ppert Against Al loss drainage bylire.,
secendTo make Insurance on Vessels Steamboats, Fregh
Proats Bank Noe Hill ~ syaHe h and oo poaSs2a
debt ottony and respopdenta interests generally an aud
every To or connected with Marine In
which II shall Atve made Insurance, '"' -
parties 10 his act ara ScGrcd to be in Total amount Of 3 e
Az which sad parties hal te organization Of he Com
amount Of their huo;cpon and made payable the Of
dent Of the Company acknowledging % ave Received the same
a Tor premiums ~ cd aud such notes shall be subject
Az premiums for Insurance made BY these parties are 10 be
tsay and The amount q such premiums; when paid shall
been paii in full. ''''' VIZ '"''' D'''' 'H''e
Nosubseribgr such SHALL in any event be liable for
may be due on such note notes.
shall remain aa @ efeog g itsr he eadose
nsn o. premium: paid and The wants Of the Company shall
note. shall have Inc right e renew their notes for such balance
All lie Aforesaid shall contain stipulation that should
the wants Of tue Company require it, the faer will
pay " good tel a aRtriy The amount that shall appear to
oe Que On M or Their nQte waving all and plea Of
AETICLE FouRTHA the corporate powers of the Conapv
sn b exercised by oard Of Trustees such and
The Board Trustees shei of tbytree members
New Orleans ts nv acting Beari Shall ddsignaie Of WIKI
EMBELLISHMENTS lie newsp6ner published IN said city =
ds S ic s ss9o and p bo NJ d 9 y H.
inspectors decline or m attend the President shall have
49, B M # TrqesI n$ eleSe4 sha talse their
sung one year teree or until others are qualified
Those persons yeeesins plurality Of votes shall be consider
e. and declared dn elected IL e Of election taking
be held wihiea ays after be failure 10 eset and snI tge
notice thsrgo BY ~ " C the newspe
Tie Board qf Trustees shan their first meeting in every
s v election " exols9 as u lie B5ard aad vhS
snail h9d hef iqe ul i5t successors shall be elected
TaeeB and VI he enpans nd , conduct ilG business IF
ht Company Eepstaiy under te snpar isQn ~ he Board
IN Of the absence 81 the President shall
pNny. 7.. ~
The Board u Tustecs SIAN fix te compensation III all ofcer
and clerks elected employed BY them in the service Of The
Company.
They shall nvast the profits arising from the business Of the
Company in tbs manner hereinafter provided They arc
hereby invested with full power adopt such Ly
laws rnles and regulations they may necessary and
REQUISITE fer te government IF the Company and the anac
ton IL its affairs provided the conflict with Tia
intent and meaning Of this incorporation or with The
Of ibis Stale, and they shall have power 10 do other
acts necessary for carrying into effect tie objects purposes
q me Company not hesen provided for and 70 I'LL all
tliat may occur In liuir number.
AETcdE FFIlLT9e following named persons shall consti-
te the first Board ~ Trustees aud hereby with all
re rights and powers specified in Tie preceding article They
hundred aad s&tyne until others their place