New Orleans daily crescent. [volume] ([New Orleans, La.]) 1851-1866, 1860-10-16

AmHieo Landry, Octave Yoorhea, W. q. Betterton,
Alfred DoIhonde, az, Bsil Y ,cCoqper,
John Candy, j. Bordeeis, y. Hickman,
J, L 4fI p = logan, Il KogshG,afd,
j. n. Robert, j. n, Wagner J, G., AeLearn.
Theodore FF6ts, W. A. Kent, Maga PUG
j. (. i BSnsS5n ~ Herr VI VT" b. S coaa5r.
Article SxTH-Every person who ehsl hereafter insure
and continue with The Company aud every person
hodingin his own name III the name Of his rm certificate
r Soyded o sha " sne4 cbST Z he G6mSaaF
s sS essa eFs 81 e. E y & ~
psny discharged qgda!ed by losses sustained after the
hundred dollars the Of the certificate shall reach
dollar more ss be entitled u ole addoas v5te NH Ii
amount Of the certificate shall reach hc sum T Se housgnd
additional vote Provided however that ch certificates
vote within sx months prior 10 such eiscon.
Article sEvENTB.The Board Of Trustees shall have the
power invest from time to time oneha Of tie profits Of a
re aps Ps p o Ssa 3 WV se1
and In every the property morEEged shall be worth
at isast twice thi amount losne5 thereon
in e Pnffhae Il sSy bond q gfs q " nsF
and may make leans OF sqeh cash Or surplus peh on pledge Of
any of the aforesaid securities, bonds or stocks,
Ing one Guush Of IS net profits bat he B9d Of Trustees may
arasTed 70 he o2naag AZ ny tofcei e II e same IN
their 9pnion hg Gsfs 81 me gIoH3S wv iqeggy ee
ARTICLE Ei6HTThe eioers Of tho Company SHALL within
one month the e Of October eighteen hd si%y
PM f0 md dah liz m NH u eei mi essy Saeessaia
ending intending Of insfaneg effected during tho
Marine afd River policies winch estimate shall be conclusive
ipaTer poyed faf and sai eeabou charge oaeh Insurer
with proportional share af tile Losses shsained by the Con
but IN no shall such share exceed tbs Of such pre-
and also with share proportion profits OF the
Company derived tr2 and for The ba9ee which
tied certificate signed by the President and Secretary
Second Monday ii each every year and con.
tanning poGso s s l ESed ha be liable
And should Any person entitled 10 receive such certificate be
the books aforesaid and shall not have paid The tle
time me @ e S fo M 6 s nv Of he EN-
iDdebedness and even # tie certificate have been saaed
amy nasbtedaess Of the patty whom shall have been des
Gs for nj hs ana aa
shall be made except at the option Of the Trustees until such
certificate gs5tifeales Of p[oats shall
from the daa Of theiT ISSUE then the same shall be cancelled
the thereof with all ,he interest accrued heeoo
,hs book hs Company after public noties y
published IN ths CIV which notice sha Set oh the andan
of The certificate and the party entitled The
dollars and y sums ] ven tens dear
tngen account" If tIe company applied 10 The payment
Of The expenses and charges Of The sacceedng year.
compans and With is Consent Ss u nc V'''
who sha become member
receives mis- policy the thai sha be determined BY the
shall be liable for all the losses and incurred by the
~ 81 1 shall
Thereafter be from year 70 year to the redempton in
OF a psi bp the profits dn %
redeemed until those of all the preceding years paid
Board o Trustees may ho%eys at Of their annual
ber SO amend this article require acenmula
ton of profits to an amount OF one million Of dollars before the
d shall be redemption as 'eF'
he expiration of the first Of October 1861 from the issuing
the first policy and within the first month of succeeding
Gath and shal publish according 10 law General Balance
Fs-Ie amount Of preises received dung The YEAR lust
isies Marine Policies and River Inland Navigation
secoadThe amount of the Of the Company during
amount losses incurred during the year. sn
hsS SHsee re aGs VITA e mn,nv setting
forth the amount of cash hand and the in
AR1n tf seSa s. the omr,nv at
t. be convened for thirty days
DC make changes addiion or modhcaons in
OF The vote represented ut @ PrSvnsd mat
in favor such proposed measures and NM and ali smn
change addition dissolution shall recorded as required b.
ARTeIE - The eSpraten Of The term This
twelfth. GOHmssiGse shall nrnnined Nv he
s Company hs qdtsd its debts aad III a psS e
and the its funds shall be appropriated the edemp
dates the shall continue act until The
of the Company shall be entirely closed settled
and in OF the death inability either the survivor alone
shall aot
FouRTEEsTHIn addition TO their share of profits
in the business of Tie Company the original subscribers shall
entitled receive for the first special interest of eight
per the amount of premiums creited their subcrp
lion notes which interest shall from the average dates Of
such credits until the FIRST day Of October eighteen hundredand
siXty-one.
Thus done and passed my Office in the city New Orleans
Aforesaid in tho OF Marcel T. DncTos and Antoine
Gouand wnesesol lawful age and domelaled in said city,
who heeunto sign their together with the said appearers
and said notary the day and date set forth in the caption
hereof.
Original sgnad-Rraud Landry Harris, Bereier Il ee,
Fel6wes Co., Foley, Avery Coz ]. a. Robert Co., and