New Orleans daily crescent. [volume] ([New Orleans, La.]) 1851-1866, 1860-11-16


. BOARD TRUsTEEs
Apadee Landry, Octave VOORHEES, v. 6. Bstterton,
" A. Gordon, Theodore Lanaux, Frank shaw,
john Candy, " Bordeos r. Hickman,
4. i Il. pHafriy, & Gayagoe, 1' tias ]. Leeds
4 b Gfieh' i. Boudosque Yaen. Hermann,
Thfod Ss Fsis' z Al ksnt M c rns
j. A. Bonnsion III Herr, ". B. eonger.
IA sSas x s Gop mt S a ess
holding hi, own name Or IN The name Of hts 1rt certificate
asr provided for shall be deemed member f the Company
seetons each eefeae Of credit on the books he Com
ans hS @ en n he sods y Jill vo or Jill
hundred dollars until the amount Of hs certificate shall reach
dollars shall be entst q additional until the
dollar when each one dollars shall be
70 addonei Provided however that
vote Foe within vii tx months PROT to sneh
y sSs 5 e BGatd S sa 5o he lie
Company loans I'D es o5aES on apr aa pFs
ARD h Ssss hg SsrH m9Eaged shall be worth
They may invest The cash surplus profits Of The Com
nan bonds Of s, ~ BY 9E andsr
and MAJ make loans cash surplus profits pledge q
q s n 6o tes 9Snss e a not exceed
ing is profits but the Beard Of Trustees
Pngsss ~ % fa co@San NY sale lie
promogad or should require such purchase from loss.
EIcHEnIhs ogieeIs Of ths Company shall within
one the time the frs, policy Of insurance shall have been
lent Secretary q the affairs Of the Company foT the yesr
period embraced IA such estimate distinguishing between Fire
upon al persons certificates &c profits a here
ad Ss 5 asTPep Ge b s'f h s a
pany according the amount Of he premiums BY him paid
nus and credit him with the Of said premiums
End also @ ea 81 s ne "
be in favor Of The insurer be shall be emit
interest at the rate Of per annum payable on The
Gaining prosiso thst the amount liable
for A. Sas y s as sspsas,
indebted to the Company Tor premiums credited TO him on
ssaeas esgi6s M shall have ne rght
sn 5 bas BEEN e M I
shall always remain liable The Company for
cred for unpaid premiums whether such
f ss 3 e Il he eoa lie ee until such
shall have been entirely Vi .
called By NE parties entitled thereto Tp three yss5s
nd The thereof with seeraed hseon
al be placed te The credit Of The CONTINGENT aceo9nt On
hS u EsssR
II tic AND the Of the pas.y entitled 70 The same
In issuing the 81 sums tens doaf
shall be placed 1G the eEs of the Con
charges q the q year If
Company, and with is consent
~ e ih @
receives policy the rates th h9 be 5y the
@ @ and ns IS s. asa Bs next snf
shall all the losses and expenses incurred by the
COMPANY.
heaecnmnlSlsd net profits shall
thereafter be employed from year year he redemption
whole II part Of each years certificates Of profits BY
redeemed until those Of all the preceding years are paid
Board Trustees howeysr at any of their annual
in me To a. dix aFs e reS n2 an s
tion profits an amount OF one million Of dollars before the
said
day IN il the s, Fst month after
the rsi policy within the first month of succeeding
oath and shall publish according to law General Balance
Statement Of the affairs Of the Company which shall contain.
ended specifying separately the amounts received o fre Fol
secondThe amount expense Of the Company during
incurred during the dsln-
PoltR Sa sa Fati h1 kf Marine
FourtiiTho balance remaining with the Company setting
forth amount hand The amount invested in
securities, and the nature Of such securities
general meeting 10 be convened for HtcI days
liz po9er V make any ehsnges additions or Manifestations IN
the of Incorporation or even to dissolve IT, provided that
u favor IF sGe sa snG 4aE and AZ spS
Article TrprEs4fAt the expiration Of the term of this
article twelfth three Commissioners shall be appointed by tho
The Company shall be lndaa ats debts and liabilities paid
tom esFheass Of prots ro f aid without dsHeti5n
dates shall continue until
business of the Company shall be entirely settled
cuse OF inability of either the survivor
shall act.
ARTICLE FouRTERNrn-In addition to their share of profits
in the business Of tie Company The ogna subscribers shall
entitled for the first special OF eight
per cent premiums credited on their snhscp
fion notes which shall from the dates Of
such credits until the first day of October eighteen hundredand
siNty-one.
passed Office in the sty q N Ses Orleans
Conand wnessesof lawful and domeaed n said city,
who hefeunte sign their together with
snd said notary the day and date set forth the caption
hereof.
Original signed-Braud / Landry. Harris Bercer Ge.,
Fsowas Co.. Foley Avery Co., j. n Robert Co., and