New Orleans daily crescent. [volume] ([New Orleans, La.]) 1851-1866, 1860-12-01

TGe Psesden sla preside al meetings Of The Board q
trustee and Of tie Company ARD sal Conduct ING business q
Company generally snd9 DE I yo # 81 B2S5d
preside such meetings end shall sign the policies Of the Com
Tkc Board of Trustees shall fix The compensaton vi officers
hnd clerks elected employed g thein in the service OF the
They shall invest the profits arising the business of the
Company in the hereinafter provided i9r They gre
laws and regulations, they deem neeeSsary AID
eqnae for the IT. s S9es @aI me 99 h.
ae intent eanng Of this Of incorporation Or with The
eeeg :. var M n1o eject be Objects ind purposes
CspGy herein provided for and 10 I'LL oil vacancies
named persons hs sen, A
md SPECIFIED in Rs nFsssSg article s Thsy
hundred pnul others elected in their place
BOARD TRUSTEES:
Amadeo Landry. Octave Tcorhcs, g Betterton,
W A. Gordon Theodore I.anattx, Frank SHAW,
Alfred Dolhonde G Z Bst, 4 G,o22Psg, .u
John Candy, K Bofaees' E E R Pnishfi
I4Peas d X L2gsn' tia so j. Leeds
sl y Nth, ffs n h x Ksn Asn Pais
J. J. K f DOMINION j. ! I'LL Herr B. 6onstr.
AEsE a i insure Xix RS6 s Goany and
holding III ownnae in the nRme Of bis firm certificate
al ergs, "a III o @ e deemed member IF e Company
s es each Certificate Of credit On the books 81 lie Com
pay discharged iqnidued BY loses sustained after the
hundred doaB u the amount Of be certificate shall reach
sollafs mos hail be eHtled 10 additional vote
aiaun Of certificate shall reach Ae sum Of FIVE thousand
to one additional Provided howeve that snch iihcstes
shsi not have been the peon claiming
vote within SIX months plior 10 such election
ARTICLE sEsEs1H-rhs Board Of Trustees shall have The
onsn 10 n loans secured by morage on improved ard
ennGered estate in the Parish OF Orleans and S 9 JeFf
son. and every the popery moftgAged shall be worth
Il least ~ lee The amount loaled thereon.
They may invest the cash urpns profits Of the Com
Ii the purchase Of bonds or stocks created By Or under
q ne United sa,es Or OF ms sas Or Of W. city
any df the aforesaid securities bonds q soeks. .a.
ing Il profits bnt the Board ofTr9stee
purchase IN addition any pogeTiy gih Fy have 25in
9oid II should require saeh palehase from loss
ARrieIE EIaHrHThe officers Of the Company shalt within
one onih after the frat October eighteen sxtJ
n om IN ,s IL nSh o each and every ccseng
year estimate % be made s%9n 10 b. NJ Pesi
ending Including st4ementof Insurance. elected during INC
Marine and River policies which estimate shall be conclusive
eqsd az q S se eps ssr
with proportional share of the losses sustained by The Com
g Ba j. ee ha such G are ySed pre-
m and shall credit nm VIII the sou Z, s nr "
Company derived from yesmcn; and for the balance which
h e & ase ee hRs BY the Prssde end ssereia
sonS S 4 IL and every ss
Sspoyso that the amount heren named shall be liabie
for should any person entitled receive such certificate be
e s sGp and h@ any ny he at e
se the certificate exgihe the shall have tho right
and even II the certificate shall have issued
ns Of he patty % whom
for unpaid bs sae 40 la
made except op9n Of the rRstsas until such
Ann any certificate certificates Of ps9ts shall not
called w M par.ss entitled ther s Tg three yss5s
thereof wh ~ the interest seeraed leseon
tic booso he Company ter public NOTICE. b
E s FL @ a ss e. de he sPasni
hi certificate and the mans Of the party entitled ts HE same
dollar s parts q
se na " be ana S n nn i i z
lie and shSrgs e. e naSesgGnS ysa Of
Company, and with its consent. ,z,,,..
A bs Sang by sse hete1 sSa basFe
receives his policy Pay the rates hs shai be ~ the
from the Company except provided in the article hut
shall liable for all the losses andeNpense incurred bS fe
GompanT.
Ga IN II a. hund honsand dollars he eSeess
thereafter employed from year yea 10 The redcmpon in
81 % @ bp ne eseass pP 6ns ys
redeemed until those of all the preceding years are paid
The Board Of Trustees a5 however ey of their annual
meetings. by the to thirds of the whole of their
@ e af TO a1s amount s one million q aa bofo he
shall be applied Tie redemption of certificates as atore-
ARTICLE EIEyENrH on some day in the ra month after
he Of fnS e w # H. 1T @ i ass ]
the ocrcs of the Company shall cause to be made under
t. aa he a aiis Of ff ae copany Witch shall
of received dung hr just
specifying separately the aJSounta received Fire Pol
sies Marine Policies and River or Inland Navigation
tPoiciess
seconaThe Of the epenae of the Company during
Fbirdse amount losses Incurred darng the year dsn-
gushing Fire Rhks, Marine Risks and Inland Trans
portaton and Navigation Rsks,
FourthTe balance remaining with Company, setting
forth the amount hand Glaount
securities and tie nature of such seouriies
ARTICLE TwEisTIifha sockhoders Of tie Company at
general meeting he convened for the after thirty days
aelice in two newspaper published in this shall have
te power TO changes additions notifications
fine act of ncoporRlian to dissolve IL provided
thraeoRhs the vote represented NJ such meeting hal
ii fs6f Of such proposed measures any and nh such
change addition dissolution Shall be REGARDED required by
ARTfoiE the expiration of the term df this
act Of its earlier termination
article twelfth Connsofe Shall BE appointed
he Company shan be quidated debts liabilities paid
the its funds shall be appropriated 10 the remp
tjen of the certificates profits PRO without distinction
Of dates the Commissioners shall continue until the
business Company shall be entirely closed and s9e
and in case Of the inability of either the survivor alone
ARTICLE FounrEEsTs1n addition their share Of profits
Ia The business Company the original subscribers shall
for the first special interest of eight
per cent of premiums credited on their 6nhser
io which shall from The dates Of
such edits until the day of October eighteen hundredand
Tins ons and passed my Office in the city of New Orleans
nresaid IN the Of Marcel T. Dueros and Antoine
onand wnesesot lawful and domieiaied n said city
sr their together with the said apfearefs
thereof.
Original scned-Braud Landry, Harris, Refeief Ca
Relieves Co., Foley, Avery Co.. j. NJ Robert Co.. aud