New Orleans daily crescent., 1860-11-22
INSURANCE.
CIARTISR OF THE LOUISIANA STATE
" MUTUAL INSURANCE COMPANY.
STATE OF LOUISIANA, CITY OF NEW ORLEANS

Be IT remembered that this twenty seventh day of the
month 81 July in me year Of our Lord thousand eight hum
ded an x and o. he Independence Of the United States Of
America the eigllty-hflh,
stoned and for the Parish Of Orleans State Of Louisiana
and the presence Of the witnesses hereinafter named aud
Personally came and apesred he paIties whose names are
the provisions Of e laws Of the State Of Louisiana relative
the Organization Of corporations in this State they had
bind themselves and those whom they represent 10 establish
Company for tue objects and purposes and under
the obligations calculations and regulations following towt
ARTICLE sad Company shall be established and
aa @S Is 9s
eS sS or u nS pn@ Es a end aud am d "s years
from the date hereof uness sooner determined as provided in
Sea sbal be u.od by The officers Company having
fscriptioa N, he natae Of nc Company. -
officer upon whom shall Served All citations other
legal in matters wherein the Company may be inter
InrtIs sreoTle objects and purposes Of the Company
FTs@fs make Insurance on Dwellhghouses Stores and
sho buildings Household Furniture Merchandise and other
make Insurance Vessels Steamboats,, Freights,
PSoa $ ss Ma So1ts @ u EseSaS ESs
debt hoory and pondena interests and generally all ard
fye5y R 70 Or WIN Marine Or In
The Company may tsefto bcrensured against risk
1arleiE fainD-rhe names respective the
All which said parties shall on the oginaiion Of the Com
pany rs q a s nd pae on Ss @
October So which receipt shall be given by tho Pres
Company acknowledging 10 have received the same
oraemums adyanee rd such notes shall be subject to
ali tie eohtngeaeieg Of capla y, So. ,o. ,ro ~ "
paid conformity with the rules and regulations q the Com
endorsed tue Of the insured until the same shall have
No subscriber of such SHALL any event be liable for
losses Of Company larger sum than the amount that
R ana q II ease At The maturity given aforesaid
ss s5 y e nix nd and he wants Of The COMPANY shall
require the payment Of said balance the drawers ot such
ihe ,resad notes shall contain stipulation should
the Company require it, the drawer drawers will
pay in good faith maturity the that shall appear
Of value consideration fr the same.
Article ths corporate powers of he Company
The Board Of Trustees shah consist Of thirty
tie Company elected except the s yee tie lat
Monday in September in each year AZ such place IN the city q
election they will give least fourteen dayA p,eyinus noic by
m iT9 Il & he pshsa M b ,sa c
side tnpecose such election and should any o the said
The Board Of irg8ee thus eeg'ed sha take their eats 9n
year thereffom or until others are qualified 70 get in
sSeiying plurality Of yocs ha be consider
ed and AMY s'Gged & N ol no eieeG aIg
be hed within after the failure elect and sbal give
BoaEd & Ts,e 3 ,aa s seir r s9'i9s 5 @ n e. e,
lime Of cilon eSofeo members Of the Boa d aud who
The Pgesdent shall preside hi meetings Of The Board
Trustees Of the Company aud shall conduct the business Of
The Company generally under the lslou OF the Board
In case Of the President the Vice President shall
preside such meetings. and shall sign the policies oil the Com
pRny,
The Board Of Trustees shall hx Of s officers
employed by them In the service of the
ComDsny. , .am54sl...
They shRl he profits arising from The business of the
Conpany In ihe manner provided for. They
hereby Invested with m power 10 frame and adopt such by
laws rules egGaons, hey deem necessary aud
ednse for the Of the Company and the
o of r provided the does not conflict with the
aws This and they shall have full to do all other
necessary carrying no effect the objects and
Of the Company herein provided for and 10 I'LL all vacancies
1 that may occur in their number, ...a
hR11CE FlFTH-The following named shall cons
Board Of Trustees and are hereby vested with all
the rights powers specified in The preceding article They
shall hold their until the last Monday in October eighteen
huudfed and xtyone until others elected i'll their place