New Orleans daily crescent. [volume] ([New Orleans, La.]) 1851-1866, 1860-11-28
INSURANCE.
lFS44aRTEEs OF THE LOUISIANA STATE
4s<7MUTUAI INSURANCE COMPANY.
sFATn or LOUISIANA CITY OF NEW ORLEANS


Be II remembered that this twenty day Of the
h Of July, in the year Of Lord thousand eight hun
and sixty and tie independence Of the United States Of
Edward Barnett Notary Public, duly commits
y the Of tho witnesses hereinafter named and un
sfsonay and appeared the parties whose names
n a % lar st s saag pssys %
organization Of corporations in ths state they Ind cove;
M thensees those whom they represent 70 establish
III spaatobs and eglationa following
ARaaclE RIRsrThe said Company shall be established
III &c Of a SG a y h + ng4
NJ XII COMPANY It shall commence It's ope.
On and Or bs 5 end and s @ 9s sa
~ hereof unless sooner determined provided in
he used BY the officers of the Company having
the coat Of arms Of the State Of Louisiana and for
rptIon he nans a 81 he eo II ~
cer npon whom shall served citations notices or other
i in matters wherein the Company may be inter
ARTICLE objects and purposes the Company
FirsTo make insurance on Dwelling houses, Stores
sher Buildings Household Furniture, Msrchandise and other
secoadTo Insurance on VESSELS Steamboats, Freghts
ofts Bank Notes Bills Of Exchange and other evidences Of
bt hottomy and interests and generally ali and
rspopeo RisFs TO OF WIN MARINE OF III
Company may sefto reinsnred against any risk
sslqou which II shall have made Insurance.
nricLE TapTh names aud respective interests q the
An which said parties shall on the orgngaon of the Com
onnt Of thcir and made payable IN the first Of
cobe 1851 for which receipt shall be given by the Pres
8 Of the Company acknowledging to have received the
for premiums advance and such notes shall be subject to
Ali preuinns made by these parties to be
Id IN conformity with The rules and regulations Of the Com
the of the insured until the same shall have
No subscriber Of such shall any event, liable
ses Of the Company in any larger SUM than the amount that
And case maturity Or the notes given aforesaid
ns o. premiums paid aaa WI S ws q W. noss se
All lie aforesaid shall contain stipulation that should
he Of the Company require L. Che drawer Or drawers wiz
n good a Ct tine s a a5 . ayar ShS s 70
III value Or consideration for the same.
shall Be Exercised BY Trustees oesrs and
sks e !hey p%y sPeoI sa consist os
Company be elected texcept the first the last
sas s he @ f Boa h dd Ps s s Me
election they will give least fourteen days previous notice by
and shall appoint three membs Company 70 Pc
C pSee d 'f g d Se Shall lave
power to appoint others 10 fill the vacancies.
he Inst Monday October after the election and a hold the
year thereffon until others are qualified TO net in
Those receiving splqraly Of votes shall be consider
day Sd the President shall cause election u
otce thereof BY in one or more Of the hewpa
1peTs published n this city, w i. ,.,. o-s....,..-
year eise Fredent aud Vice President who shall at tic
shall hold Their Office until their soccsor5 shan be elected
The President shall preside all meetings of the Boad Of
Trustee sud Of the Company and shan conduct The business Of
sths Company generally under e upers Of the Board.
n Of tie absence Of the President the Vice PFedentsh1
ede at such meetings. and shall g the policies # the Com
szany.
" Board OF shall Fix Incorporation OF ali
md clerks elected rcmpOyed y them in the service Of the
sEOmpany. Lisa
They shall invest the profits arising from the buness Of the
fempany hereinafter provided for TReg
hereby nfcsted with tall power to frame and adopt such by
regulations they mGy necessary
requise for the governmental The Company and the
Of Rs provided the does conflict with the
intent rneanpg Of this Of incorporation with
s Of this State and they shall have full power do a other
effect the objects aud purposes
the Company not herein provided for and 10 al all vacancies
tfat occur In their number
ARTICLE FiFTHThe following named persons shall
c tbs first Board Of Trustees aud are hereby vested with all
Bic rights and powers specified in The preceding article. They
Sa hold their until the last Monday in October eighteen
kndred and 3tyoe until Others elected in their place