New Orleans daily crescent., 1860-07-31
INSURANCE.
CHARTER OF THE LOUISIANA STATE
~ MUTUAL INSURANCE COMPANY. N
STATE OF LOUISIANA, CITY OF NEW oRLnAxs.

BE it remembered that on this twenty day Of the
rsa 9 ay y M s f r. Pr d e9s hsgsa9a g @
America the eigtty-hf.h,
stoned and for the Parish Of Orleans ousiqna
d in The presence of The witnesses hereinafter named and
rs.Gaay esIR. and @ @a5sarssd The 5 sass
the proyisons Of he laws u lie Sae Of Eonisiss rsaTe T.
the organization Of corporations IN this STATE they
bind themselves and those who1 hey represent 70 esh an
the obsaon spaaons and ggaiops ooSing toTii phcsr
ARTICLE FIET-fhe said Company shall be established
sgns,e ths ~ ,Its oi TATE MI
atisns on or asn he @ day Of a l ss - .,
exist for and during the tnl end and term Of years
hgice i l2 as un'' sooner as provided IN
shall used by the officers of the Company having for
dTice the Of of the State of L,usana aud for an
nsesfption The name Of the Company,
officer served Ill ciiaiios notiee 81 sBer
s:fsd ss process in aef' wherein tie do"paay Be inter
Article sEeos9Tle objects and purposes the cors try
ofT ETS mskf on Dwelling Stores and
property against loss damage BY ire aA- O'st
sesohdo make Insurance Vessels Steamboats, Freig
Profits Bank Notes Esshanse and Other tfdenses
evety @ to or connected with Marine In
The Company be reinured AGAINST snv k
upon which Il shall have made Insurance. -
parties this declared total amount Of soi @
All which said parties shall the organization of the Com
monnt Of their subserpon and made payable The f
Company 10 ~ s he
az for premiums advance and such notes shall be subject
AZ premiums for insurance made by these parties
paid in conformity with the rules and regulations the Com
pany and the of such premiums when paid shall be
endorsed on the notes of the insured until the shall have
No subscriber of such shall any event be liable for
losses OF tie Company in any larger sum than the that
may be due on such note
And in at the maturity Of the given aforesaid
msn nS 2 Of @ p" az and dS hs Ss wants Of tn the COMPANY shall
All The aforesaid shall contain stipulation that should
he wants O. the Company require it, the drawer drawers will
pay in good faith at maturity the amount that shall appear
Of value or consideration far The same.
shall u Board j rnsteas sd nch ocef ang
me Board Trustees consist Of thirty three members
q me Company TO be elected {cxcet the first the last
New aetinr Board shall dssisnac Of vii WRiei
fs o I @ 4 IN .ad n2s st @
and they shall pont three members Of the Company TO pre-
INSPECTORS decline fail attend the President Shall have
The Board Of Trustees thus elected shah take their seats on
IN @ s ~ M9aa @ ~ gcaober asE he % seston and a hold e
e tr ead e"F Deeif' or until others are qualified to act in
place hs day ed the President shall cause an election to
notice thereof by advertisement i'll Of the newpa
The Board Of Trustees shall ,he first meeting in every
year elect President and Fee-Preaidn who shall the
shall hold their Office until their shall elected
Tue President shall preside at all meetings Of the Board
Trustees ami Of the Company conduct the business Of
The Company generally under The supervision Of the Board
In Of the absence the President the shall
preside at such meetings and shall sign the policies Of the Com
The Board Of Trustees Shall x the compensation Of all officers
and clerks elected employed by them service the
Company
They shall invest the prsts arising from the business Of The
hereby invested with full power frame and adopt SUCH by
laws rules and regulations they deem necessary
reqnse fo the government Of the Company and the
ton Of its airs provided the does with te
true intent and meaning Of this Of incorporation the
laws of this State and they shall have full poRct
acts for carrying the objects
that may in their number.
ARTICLE FifrHThe following named persons shall consti.
e the first oard of Trustees and hereby with all
the rights and specified in the preceding article They
shall hold their seats until the last Monday in October eighteen
hundred and siNtone until Others eleced their place