New Orleans daily crescent., 1860-10-20
INSURANCE.
fSHARTER OF THE LOUISIANA SKATE
~ MUTUAL INSURANCE COMPANY.
STATE OF LOUISIANA, CITY OF NEW ORLEANS.


BE remembered that on twenty day Of the
% q Sey IN S S one e. % sss % e
America the sishts-ff,h
sisis Edward sSsy Public dgy sgqms ans
and N she presence Of tho witnesses hereinafter named and nm
Personally aud appeared the parties whose names
ss u bed $ @ as @ e. psss e
the organization Of In this state they had cove
sna hssises @ and those hey represent ess an
hs sa'
ARrrcIE FiRsrTbe said Company shall be established
sassd Il y ss a.
TUAL iNsURA NOE COMPANY II shall commence It's ope
exist for and during the tn end and term q five
from the date here unless sooner determined provided in
sea shall be used by the officers Of the Company having for
device the cont Of Of the State Of Louisiana
inssripion The name y The Company
officer upon whom shall Is eFvsd Ill ciati5ns noees oier
Legal In matters wherein the Company be inter
sreoSpThe objects and purposes the Company
Frsto make Insurance Dwelling houses Stores and
Ssess sys n ass % damas % ana o'
make insurance vesse Steamboats, Freights
Profits Bank Notes B d Esshanse other
sse and ~ or Viii s 1ha M
land Transportation Risks.
apon which have made insurance.
parties 70 ibis act are declared to Of oo
which sad parties hall on ah,s. s orgnTa.ion @ Of hs &c Com
Of subscription and made payable the first Of
dent Of The Company acknowledging same
adyance and such notes shall be subject to
premiums @ made y these parties t be
The notes Of the insured until the shall have
such shall any event be liable for
may Be- doe on such note or H notss 'N A '
And case maturity Of given aforesaid,
there shall Any due thereon after tho endorse
nent Of premiums paid and the wants Of the Company shall
rgh. their notes for such balance
All lie aforesaid shall contain stipulation that shonld
ny 5 Ts n & h s ss
s due Sn BY ns I ny hse ~ ana every psa wah'
ARroLx FouRrHAli the corporate Of the Company
sa be- by Beard of Trustees and suck officers and
Ths Boapd ady Tgasess shall consist Of
Monday Il each year 4 such place he city d
New orleans The asiing Board shall designate Of which
adsertsemsnts tbs published in said city
side fnpecorsa election should the said
Inspectors decline fall attend the President shall have
The Board Trustees thus elected shall take their seats
the last Monday October after the election and shall hold the
theefrom or until others are qualified to act in
Those receiving plurality of shall be consider
Be- held within len days after the failure elect give
notice thereof by in one Or more Of the newpa
The board of Trustees shah at their first meeting in
lime election be exoeo members Of the 89ad ana who
The President shall preside az ~ meetings OF he Board q
Trustees and Of the Company and shall conduct the business 81
the Company generally under the OF the Board
o. the President The Vice President shall
preside meetings, and shall sign the policies Of the Com
pany.
The Board Trustees shall M The compensation Of a officers
d clerks elected employed hy them in the service Of the
Company.
They profits arising from the business Of the
Company the hereinafter provided for They
wsful power frame and adopt by
laws rules and regulations stey may deem necessary and
requisite for The Of the Company and the tTansSe
meaning this Of incorporation with the
laws Of this Sate they shall have full power all other
necessary carrying into effect the objects and
Company provided for and to ill all
that may occnTin their number
ARTICLE FIFTH-The following named persons shall consti
Trustees, hereby vested with all
the rights and powers specified the preceding article They
until the Monday October, eighteen
hundred nn others elected in their place