New Orleans daily crescent., 1860-12-26

year therefro or uh DINERS are qaea 10 act IN
Those receiving plurality Of votes shall be consider
place day the President shall election to
be held within len days after the failure elect and shall give
notice thereof by Of the newpa
The Bosrd 81 trustees shall their meeting in every
wear elect President aud Vice President shall the
@ Sn 81 os 3 oe ss an be s b VINO
The President shall preside At al meetings q the Board Of
The Company generally under ths p yos e. shs Board
preside meetings and shall sign the policies of the Com
Board Of Trustees shall fix the Of all officers
elected employed by them In the service Of the
They shall invest profits arising from the business Of the
Company in the manner hereinafter provided a 9r They are
laws and regulations they may deem necessary and
sanss s II r. a he n6 conflict with bo
and e @ % as bsS Of 3 or % @ vi ds he
into eeet the object, &, and purposes
's' aTSe s persons shall const
tue Board OF Trustees and hereby vested with all
h right and SRffed @ in ss gsssE d. Ss Thsy
until others elected in their place
BOARD or TRUSTEES:
aGasS M q a4ssa P sass sssH ssss
Alfred Dohonde, G J. Bel, Cooper,
John Candy, e Bordeeis, Z hickman,
4 4 Ifss, Harris e. e. eavapss, Gssn' chas j. Leeds,
j. n Robert J. u. Wagner, J: g. MeLearn,
& & 4 bgaissS bSaasfsp Herr VIE coassr
holding his in the name Of his firm aesridcete
sfter provided for shall deemed member Of the Company
hs on each s os5Gsae credit pn he
pany not Or lea y 9'ses @ sustained @ alter the
hundred dollars mill the Of the certificate shall reach
sosp al sm0n, or 81 s Si b e to one adons the
amount Of he certificate shall reach the sum Of FIVE thousand
dnln when each Thousand dollars shall be entitled
to one addona Provided however that such certificates
shall been transferred TO the or h claiming
Vnte with six months prior 10 such election.
ARTICLE sEyEsrH-The Board Of Trustees shsl have the
Company IN loans secured by ortage improved
ennhered real estate IN tho Parish Of Orleans and City Of Jee
at least twice ihs amount loaued thereon.
pany u the purchase bonds under
hs Of the United States Or Of ,h Stale Or Of this city
any Of he aforesaid securities; bonds or stocks.
ps oHefourtb profits but the Board of Trustees may
RTsssa Y q III S9 ca@SoB Wy ae o @ &c hane IL
opinion the interest oi the Company VII thereby be
ARr,tIE E1eArHThc officers of the Company shall within
onemon after of October eighteen sixty
sd and durns the s Of each every succeeding
year an estimate e be made sworn to By the PTes
ending Including asaeent Of tnsnances effected during the
ane and River policies which estimate shall be conclusive
al 9 Sseyf s hsaoa 5s sae sss
with proportional share OF e losses sustained by the Com
ase II h he q seh pe
qn and shall credit him With ne amount e said premiums
omnany derived from veens and for The balance which
h hss sy tie aid sea4eag y
Ing & tis S aed
anng proyso that the amount therein named shall be liable
And should any entitled to receive such certificate be
I hs @n h n a1s be same % at @
tne The exgibe the shall the right
fsaa been
and e a1 @ho ba e have be e
cred for unpaid whenef sneh m arose pc
sSs sSs s. made exespt option Trustees such
be called oT entitled hereto, xhiq ihrss
ere % With a az @ The aessd
shall be PLACED 70 the eed o. I aeeoanp on
IN IN gsse an II EassB
p e certificate and the name Of the party entitled TO the
the q 81 s~ms a a hs9
6ii'i sSai be omitted and ha Be placed 10 es Con
sse ef fibe expenses charges q he saecesdaE
Company and with It's consent.
Who sG ha Ses9mS sa hase e.
Of M BY ef a a he sa esfSe or
Trustees; and the amount paid shall never be Withdrawn
sSa be liable for expenses 81 ths
ARTICLE Whenever theaccnmuaed profits shal
exceed the of hundred the
whole years. s certificates profits issued y
MOI redeemed until those of all the preceding pat
means Tss sofS he he
6er amend this article a TO require aceumu
on of profits amount Of million OF dollars before th
shall be applied the redemption of certificates aioe
said.
ARTICLE some aay in the first month afte
s hs Fs pssy Of si ,se
year. oeres Of the Company shall TO be made unde
oath and shall publish according to law, General Balance
Frst-The amount Of premiums received during the year ns
es Marine Policies River Inland Navigatioi
secondThe of the expense Of the Company during
FhrdThe of losses incurred during the year dsn
gushing between Fire Risks Marine Risks and INLAND Trans
porationand Navigation Rtks.
FonrthThe balance remaining with the Company setting
forth Of cash hand and the amount invested il
ARTICLE TwELFTH-Ths Stockholders Of the Company,
general meeting be convened for thirty day
in two of The newspapers published in this city shall hay
the power make any changes additions notifications
act Of Incorporation or even te dissolve il provided tina
in favor such proposed and any and ali sucl
change addition dissolution shall be recorded required
ARTICLE TmRrEEsfH the expiration of the Of hi
incorporation or at Its earlier termination provided
Board of Trustees under whose sperntendence the affairs
the sha e he m hae m
Of the certificates of profits Td1 and without distinction
business Of the Coupany shall entirely settled
and the death inability of either the survivor aon
ARTICLE addition their share of profit
in the business Of the GonFan the original sha
per he amount Of premiums on her saDsorp
lion notes which interest shall from The average dates
CREDITS until the first day Of October eighteen hundred
THUS and passed office in the CITY Of New oTean
aforesaid presence Of aarce H. pucros aud Anten
Conand witnesses OF lawful and doInciated IN sad CITY
who hefeuno sign their together with the sd appeaer
and said notary on the day and date SCI oish IA the
Original Signed brand Landry Harris Bsreer Co,
Felowes Co.. Foley, ATsF Co.. j. y. Robert oo' an