New Orleans daily crescent. [volume] ([New Orleans, La.]) 1851-1866, 1860-09-01
INSURANCE.
CHARTER OF THE LOUISIANA STATE
~ MUTUAL INSURANCE COMPANY,
STATE OF LOUISIANA, CITY OF NEW ORLEANS

Be IT remembered, that This twentyevent Of the
month Ct Gy he y m en- @ s@ Z na ss ssh. bun
America the egly-ffth 80 p,,. -,
d Be59 s5 sar a" a s Psr o ORLEANS It
Of this witnesses hereinafter named and
Personally and appeared he Partis2;, agie Names
provisions The State Of Louisiana relative to
the q IN @ stss fegs naa sd
themselves whom they represent 70 establish
The obigatioss s5alaons and Fegnaons following, oit
Article FrRsrThe said Company shall be established and
Il hs I,Is TIsi aNa 81 1TE NJ
ss9 On anS Or d ap6n, he I n s @ 5 9Ha vs
Aqie lei ill., H. s's ~ 80 'oo'' 1s's' - O''a'D
shall used BY the officers Of the Company having for
the Of Of the State Of Louisiana and for
inception the name of the Company ,5,t,
upon whom shall be served AL ei5aon notices other
s sEs process = matter. wherein The Company may b inter
ARTICLE sEeosphe objects and purposes Of the Company
Fs-fo make Insurance on .houes, Stores and
other Buildings Hoaseneid FaTItaTs Merchandise and osr
secondfo make Insurance on vesse stearboats FFeghs
Profits Bank Notes, Bills Exchange and other eyidenses Of
Insurance connected with Marine or In
The COMPANY NAV be against any risk
| upon which shall have made Insurance.
eS 4, q n t.s II oI f
All which said parties shall on the organization Of the Com
their subscription made payable the fr Of
dsn Of bs o 5 ha Il ~ fs
for advance and such notes shah be subject to
All premiums Insurance BY these parties
pany and premiums, paid shall
the of the insured until the shall have
No subscriber such poes shall any event be liable for
losses the Company in larger than the that
And in case at the maturity Of notes given aforesaid
there any balance due thereon after the endorse
of premiums paid and te wants Of the Company sha
shall have The right to renew their notes for such balance
All the aforad notes stipulation that shoul
the of the Company require it the drawer or drawers VII
be ne On bis Or ther note wivin ali and every plea II wan
of value consideration for the same.
ARTICLE FoUR1uAll the corporate powers of the Company
shall by Board Of Trustees and such officers
The Bord Of Trustees shah consist of hirtyhre members
Company be elected Except the first Year. the la
New Orleans the Board shall d9sgnae of which
sy XII lie pbed N a ey
and they shall appoint ree members the Company to pre-
Inspectors decline fail attend the President shall have
p e Boa II rTaees thus elected la take their seats OF
eefrom until others qualified to act
ed and
hs Az S s1 m n sa sse a. and ees s
thereof by advertisement in of the
PICARD q 4 at hsiF aE meeting !,i in @
hold their Office until their shall be elected
n Of the and Shall
the Company generally the supervision the Board
In case 81 the absence President shall
preside such meetings. and shall sign the policies Of the Com
, | pany.
clerks employed by them in the service Of til
Company.
They Shall invest profits arising from the business of til
heeBy Invested with FIJI power to frame adopt b.
laws rules regulations, they deem necessary
requisite government of the Company and the
zion of it's affairs provided the does conflict with til
true and meaning Of this act Of incorporation Of with q
laws Of State; shall have full do all ohe
acts necessary carrying the objects and purpose
Company herein provided for and TO fill all vacact
that MAJ their number.
ARTICLE FrTnTIe following named persons shall const
tute first of Trustees and hereby vested with
Inc rights and powers specified in the preceding article The
until the last Monday in October eightee
hundred sxtyone until others elected in their pac