New Orleans daily crescent., 1860-12-12

and until others elected In their place
TRUSTEES: = 4
Hnaas$ sRa $ Gn iaasaa S0'' sSaS
yohh Candy E < Roraes1s' = i 3 EtSsiIandi RnbSdi
E9ss, s SanSo,s5s Tass5 Z J,isa e. MsLssTa SLs5snn
4aod4e D. @ snc II H9afSassa' ksn Mss fas fss."
J. J. 3 3 Ss5sS Ssassisp j. S'l Herr VII gtafs toass
ana sasss g Sp SaS s s1sy bsia s
o credit On The Of the Company be issued herein
s sf fsSss Ssys as y q
Ss p sd y s as ae GG% ne
@ ssoi sha eps ,hs holder e e. 70 one y9s tor eysy one
The thousand dollars and then each five hundred
aon, of The eerttcSte shall reach ave thousand
oa xsa sae se aS ss" s ss sd
shah have been 70 e or Arm claiming
vote within six mouths ptor to snch election,
ARTICLE sEvESTH,The Board of Trustees shall have the
newer 10 inyest time time half Of the profits Of the
S@ fss Sa
and y se s1 pSGs tsreo 9Esa snA be worth
FSe sy ao invest the cash surplus profits the Com
the laws Of United states Of this State Of This city,
saa n sS tSd @Ses seresd bonds Or oc
COMPANY hold real estate to a. a9oGn not exceed
purchase addition, property which may have been
ter opaon fhe interest the Company will thereby
pr0toted should require suck purchase 10 save from loss
AreIE rhe r y 5sobeg eighteen % xy
one rom The the FIRST policy Of insurance shall have been
issed during the rs month Of each and every succeeding
year eanse estimate 10 emade sworn TO by the Pesi.
d % Ha seSnsne d nranees eced during the
period embraced In such estimate between Fire
@ I'll entitled certificates Of profits here
ss p1fs@ s siale a9 o s he Sustained y lie
psny according to the amount Of .he premiums q h, paid
nin and credit him with the aoun, Of said premiums,
End also X S o end for balance %h e
then 10 be in favor Of The he shall be emit
the rate Of per esn per sn @ payable aG he
sainIne poviso The therein named shall be liable
Tor any all subsequent losses BY The
e s o amy ny saaa ps seea m aae o hn m
ne i'm he cerhcae Is eSigbe company shall have the right
such H. psdfs 9S s sbs Rys boe m d
and delivered shah swsys remain aRe e he Gompap&S a & Sr
s,sd for unpaid premiums whether such Indebtedness be
fore Or issuing the certificate and no transfer thereof
fnSebtsdness AZ ps sba have been entirely exngnished
i a ass
With h1p a @ he Interest sha accrued be
sha be placed to credit of the Contingent aceonnt
on n a @ fiffy
published this city which notice shall set firth the E, aonn
Ia Issuing The certificates Of profits less than
s6s be omitted and placed the credit Of the Con
G hS n s aea G the
shall only be transferable on the books of thu
Company and with its consent
asT,r1r NtsrH-Eyery person who shall become menbe
hs Company BY eeetng therein s sa before
Tustees the amount SO paid shall never @ be withdraw
from the % ny 81 s and m incurred b. IL
CompanY.
he sum hundred thousand dollars the
thereafter year to year TO me redempton
whole Of hd Il PAIL ssb re he cercaes sha
not be until those of all the preceding years are pai
The Board Trustees hoyeys at any Of their ANNA
be amend this article as to Teqae an IL
ssiS sssi'' shall be sp'1s' % 's ''''' s,s' ''
Xnraiion Of he first Of October 1851 theissung
The first policy within the first month Of every sncceedn
OATH and shall publish according law, General Balanc
FiTsfie amount fpremiums received during the year M
ended specifying separately received Fire 70
icies On Policies and River Inland Navigatio
secondThe of the expense Of the Company duru
n amount during the sr
Sott1 Sortatan and Navigation Risks S.
forth tbe amount Of hand The amount
securities and tho naturs a Of @& such @& securities
general meeting 70 9 r H. e M M
the power 10 make any changes, additions notifications
Incorporation or even to dissolve it, provided th
in favor Of such proposed and any and NIL
change addition or dissolution shall be recorded as required
ARrlcIn the expiration Of the term Of ii
article twelfth Commissioners shall be appointed by Il
& sa Of ss m asd
and the balance ofs funds shall be TO the REDEEM
ton of certificates profits rate and without distnct
of dates the same shall continue until
business Of The Company shall be entirely closed and settet
and in case of inability either the survivor alo
shall act.
ARTrJy FeuRTEENTn-In addition 10 their share of prof
In the business Company the original subscribers ht
be entitled to the first special interest
ne cent The Of premiums credited their subseti
ton notes which shall from the dates
credits until The first day of October eighteen hundreds
Rixty-one. -
Thus done and passed my office, in the city of New orlea
aforesaid Marcel l. Dneros ana
Conand nesseso lawful and domleilated N said cit
their together with the said appeare
and me- notary the day and date set forth in the cap
a hereof. i. =,
FsIiosSa e. FoleY, Avery Co.. ]. n Robert Co..