New Orleans daily crescent., 1860-11-20
INSURANCE.
IW 10 q hHNUEs
CHARTER OF THE LOUISIANA STATE
" MUTUAL INSURANCE COMPANY
STATE OF LOUISIANA, cry OF NEW ORLEANS.

BE It remembered that this twenty seventh day Of the
month Of July in the year q our Lord one thousand eight hun
dred sixty and Of the Independence Of the United States OF
America The eighty-Hfh,
stoned and sworn for the Parish Orleans State u Louisiana
and in the Of tina witnesses hereinafter named and
Personally and appeared he parties Ehe;s
the provisions Of the laws Of the STATE of Louisiana relative
s I aaesS oDd So y m @ ey haa
bind themselves and those whom they represent establish
the obligations siipaations regulations following iowii
ARTICLE FmsrThe said Company shall be established and
gnsted " lie naIne u STATE MI
as ~ or as liz @ day n @ ad ~ sSs
exist for aud during the full end and term Gf twenty
Seal shall be used BY officers the Company having for
device the Of the Slate of Louisana and for
inscription the name Of the Company.
officer upon Whom shall Be erged ali ct5ns notices q oiEer
legal process in matters wherein the Company be inter
ARTICLE objects and purposes of the Company
Firstfo make Insurance on Dwelling houses Stores and
property against loss damage by FIRE.
secodTo make Insurance on Vessels Steamboats, Feights
Profits Bank Notes Bills II Exchange and other eydenee q
Insurance to Or connected wh Marine or In
The Gompany may cause tseo be any risk
upon which 4 shall have made Insurance
parties to this ac are declared 1901 COO
All which said parties shall On the orginiaon g Of the Con-
Of he sabserpion and made payable on the Tst of
dent Of the Company acknowledging same
advance and such notes shalt be subject to
premiums made by these parties to be
pany and the such premiums when paid shall be
the Of the insured until the shall have
No subscriber Of such SHALL any event liable for
osse L. o e @ IL sn d stseF sum than the amount that
And in case the maturity Of the notes given aforesaid,
there any balance due thereon after the endorse
men mi @ qd I'M m q m e tasPps sns e
shall have the ghtto renew their notes or such balance
All The Aforesaid notes shall contain stipulation that should
Company require H. the drawer drawers will
5 Be 90 M h o their waving Ill and every plea II Want
Of value or consideration for the same.
ARTICLE FouRTHAll the powers Of the Company
shall Be exercised by Beard Of Trustees, and such officers and
'5FSs ke b oapS shSy j R es shall consist of thyhree members
the Company be elected Except the rs year on the lat
New Orleans the acting Board shall designate Of which
they s e @ az s I IN a nGsf ~
and they shall appoint three members Company to pre-
spee.ors decline or fail attend President shall have
power 10 appoint others to fill the vacancies ,.,
the Monday in October after he eecton and ha bold the
tngf thef esS Ges year 'netl'o
Cd ana declared duly elected d no election taking
place day &ed the President shall election
by advertisement in more of the newspa
The Board Of Trustees shall at their first meeting every
year elect President and Vee.PFesden who shall at the
shall hold ter Office until their shall be elected
Trustees and ii the Company and shall conduct the business
the Company generally, under the supervision Of the Board
In case Of the President the Vice resident shall
preside such meetings and shall sign the policies OF the Com
The Board Of Trustees shall FIX the Of all officers
elected employed by them in the service of the
Company.
the profits arising from the business Of the
Company hereinafter provided for They
hereby invested with full to ame and adopt such by
regulations they deem and
requisite government Of The Company and The transac
affairs provided the does not conflict with the
true meaning of this act Of incorporation with the
state they shall aye full do all other
effect the objects and
o the Company herein provided for and 10 fill all
that may in their number.
ARTICLE FIFTHThe following named persons shall consti
Board Of trustees and hereby vested with all
the specified the preceding article They
shall hold until the last Monday in October eighteen
until others elected in their place