New Orleans daily crescent. [volume] ([New Orleans, La.]) 1851-1866, 1860-08-14

INSURANCE.
uR. THE LOUISIANA sTA'FEH
" MUTUAL INsUR sA1ts CuMPAGk.

ne y Ffg;nE,E;a lAst y ~ th =, al S # t.
dreda xty and Tie independence d the uped States OF
A Rs1a9S M ~ sri Hsrn.tt NOsy Pp ni7 co
li7ued HE Fsb o. 0rltss, STATE OF Lous gns
sad In h presence s tho Witnesses hereinafter named ard 7u
Psssonaily cane snd epPaaed he paes vheso
the provisions of he lava Il hS SAFE Of oasas saye Is
he organization e Sos In tbs stste lhsy had cose
nene mad agreed md to by these presents and
bind themselves Arh these whom they Represent 70 establish
Tic obligations, sii6dations and regulations following to@:
ARTICLE FssrThe said Company shall he established ard
located the city OF New Orleans and shall Big known and de-
TTAI iSsuFANGE COMPANY i ai&li eoneace rs ops
ation8 on or about the FIRST dag September 1859 and shall
exist and daring The tn end ami tenn q t%eny
from the d. here IL unless sooner dee nined rs provided In
Se shall be ed by the officers Of Company having
vii the coat of Of the State OF louisiana aid FOR an
nse ption tie name Of the Company
officer upon whom s6s Ss served ali cat not!cs Il Other
legal pocess in matters wherein the tompany IuRs he inter-
AIclr srgoxqTs object, and rarpo4e, Of he Company
First--fo make n-pcance On DwclngAouses sorpz and
other Buildings Aoaeh9id Furniture, Merchandise and other
properly against loss damage By tire.
make Insurance Vessels Steamboats, FrsGhs
Goods Wares sletebgnda spsele i,aion; conp,ssions
debt bottomry and respondents interests and gsusIy all anil
s sad asFsgs aRSEFhas @ q > "' q i
The Cs.npany inay Itself be eined against my r
upon which It shall haye lnaio lpsaFalee.
& y ~ NJ sa gsss ea sPsSiEs o a 81
All which s parties shall, tbs oFgnaiion Of tho Com
pany for business furnish se n's we'll Rppnrsd to Ihg
ocobsr ISL ior Witch scer shall - given sy inc resi
Of Company acknowledging haze received the same
Ill he conf sances Of capital.
sgaoFts Mih hs Episs an gssGoPs e hs Con
endorsed nc Of tic insured '! tho sano shall have
b@sa pai't tAf nli. -, ., =. q. - ., a, ,,.,,.. e..
Losses ii tie Company fa Any Arget SUM than the amount thGt
may be due such moo nees 49,. -
And the atptity Of TN notes Ssta IS aforesaid,
there a rrgpln balance duo thereon afsr tbs endorse
laen q caians paid ana ihe SShts Of he GgTpnpy shs
not rcqe Vie snen 2! said bahnce, te drawers OF uch
g have the sight TO renew ler nots for such balance
All the aforesaid snail conrsn spulton that shoni
pay III good faith maturity souns ihs shalt appeat
be his neir otr wAving nj and every plea Of want
| OF value consideration ttr the saTAe
FoUgrHA thu corporate powers of Tie Company
sha be exercised ny aBoayd Of Trustees, and sUeh officers ami
ne ioed Of Trustee, Shall cons Of thrtyhs,e nemgers
Monday in III each sach place Ia he city Of
SvM orsans y ne asits h2ad sai Of which
advertisements IN tie newspapers published said cy
Gs as n s such eisto and should aay tho ad
inspectors aeene Or tail t2 aan the President shall have
The osd rasess .has Shall take ,hslr
Inc last Monday the ecctpu shall hold the
y4sr herstson mill others ere qualified act in
ce persons receiving plurality of shall be consider
cd and declared duly elected M he eyen OF no election taking
be held within "a days after the ure elect and hall give
toce thereof By I'd Of the newspa
Thg soard q Trassss tha athe first meeting every
time 81 election be eXoci9 nehers q The Bead sud who
shall hold ose until ieir shall be elected
The President shah preside all meetings Of ,he Board Of
Trustees the Company and shall csldnc thG business Of
Company generally, under the nu Of tie Board
case 81 tile absence tho President 4 Vice President shall
peyide such meetings. aud shall Riga the policies OF tins Com
| pany.
his Board Of Trustees shall The compensation Of All ocer
and clerks eeclei employed bl them IN the segglce of e
Cornaany
They Shall invest the profits arising fo the business Of The
Company in The hereinafter provided for They
he ely invested with Fall power 10 me Nnd adept such b.
laws rles and regulations, they deem necrsary AM
requisite for he governmental he company Had the transc
lion oil its aft irs provided the tne couc wish
Of This c' Of incorporation Win at
laws Ills State and THY h have tu power do all oh8
aets necessary carrying ac lbs Dhccs and purpose
Of the Company hgfei oiIei and ill ali yacancic
that ocear III 4il.ir runlter.
FlRriiThs follow pi named shall conai!
Board Of TIusise ad hereby vested Sith 81
the rights aud powers specified ihe preceding article. Thr
sfll hold mill the Monday In October eighteen
hundred and sixSona, until ss art elected in Their place