New Orleans daily crescent., 1860-12-25

Anadeo Landry, Octave VOORHEES,, W. G. Betterton,
John Candy, z z ea,orIdeiois' I, skd = : Hickman
d t sss 4 Seasss.sas. 9sssesas .sa & aSsara aesnann
i ssaissS soansisp S1 j. TaE Es WI WIZ G5oas Goassr
ARrcIE Every person who shall hereafter insure
sodSg IN Rs m ssss ssrsese
q @ o sea & e se S s y sqsa
and sha hsys the right to vote IN person Or BY All
pan dsshstgsd ianLdaed y losses sustained afer The
s saa nn he s se Ss for &
the amount of thousand doar and then each FIVE hundred
amount of Tie eercae shall reach the sum i've honsand
% oSs ss ss
shall not have been to the or n claiming
9oie within ak months prior 10 such election.
ARTICLE sEsEsTH-The Board of Trustees shall have the
poEer invest from time 10 time half of The profits the
eSSsa estate Psh Of 6ean n Jes
and IN sysry case the poGsy @Ssaged shall be worth
They also invest the cash surplus profits Of the Com
ths laws United States of this State his city
and q such cash surplus profits On pledge Of
qhe Company hold real estate to amount moi exceed
pafehsse in addition any property which may have been
orgaged the Company atany forced sale of the if in
promoted should require such purchase
Esa5HaTfe officers Of ths Company shall within
e time he s rs Posy o s @ shs have 5esn
yesr estimate 10 be made sworn to BY the Pre
Secretary of the affairs Of the Company for the year
peod embraced In such estimate distinguishing between Fire
Marine and River R9Sss a a Be-
aer provided for and shall heeupon charge eaeh insurer
peny according e The amount Of he premiums by him paid
but IN no hn sueh @ share & sSeeea I ne amount d such pre-
and also with share y thereto a Of The profits Of the
shall then to be in favor Of the Insurer he shall be en
anfG Gparp
Second Monday il November of each and
tor @ aad ali subsequent losses sustained BY he Company
And should any person entitled receive such certificate
indebted Company for premiums credited him
e and Shall not have paid The Same At the
lie have Fl
any Of he party whom shall have been dev
Issuing Of the oerea and no transfer
sha made the option Of the Trustees until such
Ara certificate ssG'iasa,es Of PROFITS shall
% s 5 81 s men de- XIII m ss sa9s
and lie amount heeo interest accrued thereon,
tSe boekof after public notice. advertisement
IN ind s shas ss ar e the
Of certificate and the of the party entitled the
dollars and fractional tens Of dollars
a bs omitted AND shall Be placed q the credit of DE Con
Of expenses and chsrges qf the succeeding year
Cosapany, and with its consent
Ninth Every person who shall become member
receives bis policy pay the fies that shah Be BY The
Trustees and ie paid shall be Withdrawn
shall BE- liable for incurred s. the
Aagsos net profits shall
exceed the hundred Thousand dollars the may
whole n part years certificates q profits issued BY
redeemed pn those of all the preceding paid
T % hs sos % M 6 & @ bsP
ber alter and amend Ehs arce to require
Inn nfprnt ha
shah be applied TO the redemption Of certificates afore
ARTICLE EayENrHon some day in the first menth after
s ct "a a5ai 81 s @ & @ @ Of
the Of the Company shall to be made under
Statement ts affairs Company whieis sai oontain
FirsThe of premams received dung the yesr just
nded specifying separately tie amounts reee Fine Pol
ees, Marine Policies and River InIaad Navigation
sscondThe anasznt Of the epense Of the copany during
amoant of losses Incurred during the gear dsa
sang bswsen F Rsks Maaine Risks and IaAand Trans
FoathThe balance remaining with Company setting
ort e amount Of cas- on hand aEd the amount invested in
AesssIs TwELFrHTse stockhoIssrs Of the Compsny Mt
S ey
lie power to make chages addtiens odicatioas
Of the vote represented meeting shall vote
favor eh sSa E ana any and all seh
incorporation its earlier termination as provided in
ce twelfth tzee Commissioners shall be appointed BY the
Company shall be liguidated debts liabilities maid
balance of it's funds shall be appropriated redemp.
oa Of the certificates Of profits a and without snetian
aes the Commissioners shall continue
of the Company shall be entirely closed settled
nd IN Of the death inability either the alone
ball acs.
ARTICLE addition to their share of profits
the business of the Company the original subscribers shall
entitled to receive for the first special of eight
the of premiums credited their subscrp
notes which interest shall from the dates Of
lch credits until the first day October eighteen hundred and
xty-one.
Thus done passed my Office the city of New Orleans
oFasHd. the Marcel ~ Ducrns
8nand witnesses OF lawful and domcaed in said city,
hsennto sign their together with the said appearers
me- eed notary the day and dae forth the eapen
sreof 585f=g
Original SIgned-Rraud & Landry, Harris, Bercer 4 c.
GLOVES Co.. Foley, avery Co.. j. NJ Robert Ca, and