New Orleans daily crescent. [volume] ([New Orleans, La.]) 1851-1866, 1860-09-03

BOAhu WI ,BI q p
Amaaee Landry, .a.ysroorlies W. d. Bet,eroB
fsss, J. oi Bs, ian"aA' r. St cso sesT'
4 ,I.asssla, p n Logan, +; Roehford
j. n Robert j. Nj Wagner, j. a. Mei.earn
4, d., dfsE 4; Bondoisquid, Salen Hermann,
Theodore t, fr9is' " z A Kent Masn PUG PliE
\. A, Bonnaon. J.J. Herr. W. .. Conger,
ARTICLE SxrHEyery person who SHALL hereafter insure
aud continue insue with Tie Company every person
holding In his in the name Of his firm certificate
after provided for shall be deemed member Of The Company
and shall have he tight 10 vote IN person Or by proxy at Ill
elections each certificate credit the book ii III Com.
pany not discharged or Inundated by losses sustained after the
hundred dollars mil the sment Of the certificate shall reach
5o f more 81 s be- sSIsd to oe nddoa vote a @
Of the certificate shall reach the 81 five thousand
additional Provided however that such certificates
vote within six months prior 10 sach eleGlien-
ARTICLE sEyENrHThe Board OF Trustees shall have the
power invest from time time, oneha OF Tie profits the
numbered real estate in the Parish of Orleans and City of
At sast Vice ts ogea thereon '''i Dc worm
They my aso invest the sesh OF urpns profits Of he Com
The laws OF the United States, or Of this sae Of 1h cry
any Of the aforesaid securities bonds stocks.
The Company may hold rsai estate to an amount no. exceed
moFtasEed 10 The Company al ny forced sale Of lie SANE II IN
their opinion interest Of tie C,npy viii thereby 6e
preoted or sead gnife such pehaSe 10 save from los
Que month aforthsrst October eighteen hdreland
mi aad duras III I'LL a d eeb aaa eagTy iataee
year estimate be made sworn 10 by the Pred
ending including of nsuauees effected during he
Mnrine and River notices which csnaie shall be essnsfv
upon persons entitled receive certificate of profits
with proportional share losses sustained by the Com.
o sa sa hs ant ct De b b l@ p
mums; and shall credit him with the amount Of said premiums,
" fs S :P95s $is : \
hs then ests ~ s6d IS ss be Sa
ing Interest att rate Of per annum payable on The
tanning pyoyso that The amount therein named shah be Liable
for haa Al e.n es stsra y eS eePs5
indebted the Company premiums credited him
time The certificate exgihe The shall have the right
Il EaSe been 5
delivered, it shall always remain liable the Company
cred fer unpaid premiums whether such Indebtedness
fore Or ef the ls q Inc e. snf 40 transfer hereof
i shall baye been entirely eStngashed 4' ''n
be called for by the parties entitled ihsreio within tee years
from The date OF their ISSUE te me same shall be Cancelled
shall be placed to the credit OF the Contingent
N lie
3 @ II @ f %hs ae ii a yet en firth the ~
In issuing the said certificates of profits, less than
e2f bs @@ Gd hs s q the
9 Inc Company ard aBPed to the
Company, and with itsc consent.
of .hs Company by eectu insurance iefein shall before he
Trustees Tie paid shall never be withdrawn
S Be- B @ al md 6A5 s %
CompanF.
exceed of Are hundred thousand doars excess may
thereafter be employed from ye yeas TO The redemPtnn III
yirte the eighth article but the certificates yea, h
and estingnshed.
The Board Of Trustees howeysr Of their annual
be alter and amend this article to require aecpu
Of profits amount of one milGa OF dollars before
m be appiedto the redemption of certificates aore
aRTsIE EIEyEsrH-on some day ia the first month after
the expiration of the first Of October s6l from the issuing
year The aicres of the Company sl undci
oath and shall publish according to Inv, General Balance
FiFst7s Of pranms received during The year JUS
ees, Marine Policies and on River or finland Navigation
Policies, -,...,..e - ,...ze c.,
FhdSTheamount of losses Incurred during the year distin
gushing between Fire Risks Marine Risks aDa Inland Trans
portationand Navigation Rtks;
Fourtl-The Balance remaining with the Company setting
forth the amouRt of cash hand and the amoGa invested in
securities and tse nature 5 Of s4e ieSpes m
general meeting e be for days
e power 10 make any Changes s4iiions or nodcaiioas IL
the act of Incorporation even to tsseveit provided thai
of the represented such meeting shall
favor of such proposed MEASURES and any and all such
change addition dissolution shall be recorded required by
ARrleLE TnRTEENu-A the expiration OF the ter1a of this
arties twelfth Commissioners shall appointed BY the
Board Trustees under hpse superintendent the affairs
The Company shall be lqudaed debts snd liabilities paid
and the shall be appropriated the redep
ton of the certificates of profits rata and without distinction
dates e Commissioners shall continue until
business of tue Company shall be entirely closed and settled
the death inability either the survivor
shall act
ARTICLE FoURTEESTH-Tn addition to their share of profits
business Of the Company tie original subscribers shall
be entitled year special of eight
per the ameant of premiums credited on their sgbscrp
which interest sha from the dates
such credits until the first day Of October eighteen hundred and
sixr-one,
Thus done and passed in my office in The city Of New Orleans
aforesaid, in the presence of Marcel l. bncros and Antoine
Conand, witnesses Of lawful and domeaed in said city,
sign their together with the said aPpeRres
and said notary the day and date set forth in The caption
hereof
&Fieiual signad--B7gud Landry Harris Bercsar Ca.
EeeTes Co.. Foley AXary Co, j. Il. Robert Co., and