New Orleans daily crescent., 1860-12-20
INSURANCE.
CHARTER OF THE LOUISIANA STATE
" MUTUAL INSURANCE COMPANY.
STATE OF LOUISIANA, CITY OF NEW ORLEANS.

Be It remembered that this twenty day Of the
month Of July in tho Of Lord oqsand eight hum
qsS ea he HEY OIL e United states Of
Before sD me- G4wsd 5 BE ss % 4 SSs Pns @ da y sGns
and IN he of hs witnesses hereinafter named and
pgs s III Pas sGS
he poyons tie laws Of The State Of Loana relative to
the organization Of corporations in this State they had
bind themselves and those whom they represent TO establish
hs opssons stiSatoas @ iaong eit sis
ARTICLE FRsTThe said Company shall be established and
ensad Gsa g f city & ss saS y ts M
% al %iSssuRhNGE t CONF Any i shall commence is ope
xist for and during the faI END and tenn years.
from the date hereof upe sooner determined as provided in
Shall be usea by the otserg c9npany having for
inscription the Of the Company.
nrF mon whom snail be served all citations notices or other
legal process il matters wherein the Company may be inter
objects and purposes Of the Company
Fgsto make Insurance on Dwelling houses Stores and
sher Buildings Household Furniture, Merchandise and other
make Vessels Steamboats, Freghs
s # soe @ y gGass. sa9 ad ohes
debt boomry and respondenta generally al and
Ssis sRd sTranspoFieiioR KisRs
The may cause seto @ BE- against any risk
ARTICLE THIRDThe names and respective interests Of the
AL which said parties shall on ING orginatton Of he bo
for business furnish thef notes well approved for the
October ISL fo which receipt shah given by the Pres
the Company acknowledging 10 have received the
for premiums advance aud such notes shall be subject to
All premiums for insurance by these parties sre to be
paid in conformity with tie rules and regulations q the Com
endorsed the insured until the shall have
NJ subscriber of such notes shall any event. liable for
losses Company in any larger than the amount that
And in case a; The maturity the given aforesaid
there shall remain any balance 80 due thereon ier Ihe endorse
require the Of said balance he drawers Of such
All lie Aforesaid notes shall contain stipulation should
the wants Company require it, the drawer drawers will
pay good fah, maturity he amount that shall apgearto
be his their waving all and every plea Of want
Of value Or consideration f9r the same
AggicrE F9uRFal hg corporate powers Of ile Company
HE uardo Trustees shall consist of thiryhree members
oalsy j. sepe&ReF he " es s s a .ba 9fa pgs m w N s &
election they will least fourteen previous notice by
Advertisements III two Of the published N said city
de apeet9rs " such election aqd should Any q TIE aid
Tie BOTH of Trustees thus elected shall take their seats
the last Monday in October after e eeetion ad shall hold he
same eaF hereirom until others are qalifed 70 set in
oe persons sceving plurality of votes shall be consider
Cd and deeled dny egted u he event o. ne election ans
be held within zen days the failure elect and he give
nSce Nv yGrisenent one or the nswspa
rhe Board Y Tsees se a hs Tst meeting me- s II ev9Ey W
lime Of election be exoieiG members Of the Board sud who
sha hold their office until their successors sall be elected
The President shall preside all meetings Of the Board Of
Trustees ana Of the Company and shall conduct The business Of
the Company generally under the supervision Of the Board
III case of tile absence Of 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 officers
and clerks elected employed by them in the service OF the
Company.
They profits arising from the business of the
Company hereinafter provided for They
hereby Invested with full power TO frame and adopt such by
laws rules gnaton they necessary and
reqnsie for the government Company ransac-
o of its ars provided the does not conflict with
rtej
this Stse and they shall have lH power do all other
for carrying into effect the objects and purposes
the Company herein provided for and 10 I'LL all vacancies
that may occitr III their number
ARTICLE EFTB-Te fqlGwiHgntsd rersnl shall consti-
ute the first Board Of Trustees eng ae h5fey vested With all
the rights and powers pe IL M pTeasdiE article They
shall hold their until the last MpudgT in October eighteen
hurdred aud until others elected III ter place