New Orleans daily crescent. [volume] ([New Orleans, La.]) 1851-1866, 1860-10-17
INSURANCE.
rHARTEs OF THE LOUISIANA STATE
" MUTUAL INSURANCE COMPANY.
STATE OF LOUISIANA, CITY OF NEW ORLEANS.

BE remembered that on this twenty day tho
month Of July IN the year e our Lord one thousand eight hun
qtsa as shs sS q no o'ea S
,onod and FOR hs Pa q Orleans State "
end n ne presence of tho wneees hereinafter named and un
pesaoay and i passT
the provson d he laws Of the State Of oaisna reavs 70
the organization Of corporations IN this state they bad
bind themselves whom toy represent establish an
hs 5 ado 9Ra'f
Article FrRsr-The sad Company shall be establshedand
t nssd Il n.y.
e for On and during he fa end and am years. s
the date hereof unless sooner determined provided in
shall bs used by the officers Company having
INSCRIPTION the name Of the Company
officer upon whom shall served all citations other
legal in matters wherein the Company may be inter
ARTICLE srgosp The objects and purposes of the Company
Ffs-To make Insurance Dwelling houses, Stores and
other Buildings Household Furniture, Merchandise and other
seeoad9To make Insurance on Vessels Steamboats, Freghta
aa sos I y EseSss s aa
debt boomry and respondena interests and generally a and
land Transportation Risks,
n v ba aas against any risk
ARTICLE THIRD names aud respective interests q the
All which said parties shall The organization Of The Com
pany for business furnish their notes well approved for the
osiebsr % which sna given by AZ Pres
FOR premiums IN and such notes shall be subject to
paid in conformity with the rules and regulations Of the Com
endorsed the notes Of the insured until the shall have
No subscriber Of such notes SHALL in any event. be liable
losses Of the Company u larger sum than the amount that
And in case at the maturity Of the given aforesaid
there shall remain balance due thereon after the endorse
not require the Of said balance the drawers Of such
Ali the Aforesaid notes shall stipulation that should
pay in good faith al inatay that shall appear
q S value q Of r confederation -
ARTICLE the corporate powers Of !he Company
clerks they may appoint .s,vt Of
Monday in September in each at such place in the city Of
election hey viii give Al days pfeyoas notice BY
and they shall appoint three members Of Company pre-
side fnspecqa such election and should any Of the said
power s, . appoint p oSers h. Vacancies -
year therefron until others are qualified to act in
receiving plurality Of votes shall be consider
place on he day Ssd the President shall election
be held within aer the failure elect and shall give
notice thereof by advertisement in one or more Of the newspa
year elect President and Vice President Who shall he
lime Of election, be exoHcq members Of The Board and who
The President shall preside a meetings Of the Board
Trustees and Of the Company and shall conduct the business
Company generally the supervision Of the Board
the President the Vice President shall
preside such meetings. and shall sign the policies Of the Com
pany.
The Board Trustees shall fix the compensation of all officer
and clerks elected employed by them in the service Of h
Company.
They sAal invest the profits arising from the business Of th
Company In the manner hereinafter provided for They ar
hereby invested with full TO frame and adopt such by
laws, regulations, they deem necessary
requisite Of the Company ard the transac
affairs provided the does conflict with tn
meaning this incorporation with tn
laws of this State aud they shall have full power do all othe
acts necessary carrying into effect the objects and purpose
of the Company herein provided for and to fill all vacance
that may in their number
FIFTH-The following named persons shall cousti
the s Board Of usees and hereby vested with al
the rights specified In the preceding article The
shall hold their until the Monday in October eightee
elected