New Orleans daily crescent., 1860-12-05

Amadee Landry Octave yqoIhies, Y. vs. & geseter'on, es
aifred a 1 fSiGSa Bolhonde 9. j BsiL ' ". Cooper,
John ssndy i h FotGsi1a p GSsas F Rsehafena Rotehfoa
fdsst. Hs5 GaayFIsS Wagner hes g. Ssfesfa Il kssas
II Grled L B9adkosqui' ksas Hasin Xssa Flee PhSstmaan
BsssR Bslps5ea IL J. z'lhE Herr VII 'd5aaas daassr
snss e G Rs ss
M ~ % z ca@psp s @ lns helsn
q seF eFgaS proSide o shall be # the Company
elections certificate of credit the books o s Com
@ 4ssd a Hy 10 on @ SsI hs
hundred dollars un the amount of The certificate shall reaeh
dollars more shall be entet additional vote until the
nars When each one thousand shall be entitled
70 one additional Provided however that such certificates
VOTE yots Within vii ia months prior to election
Board of I1ftssi e n shall nld1 haFS tie h
Company in ey ToaS9 RI en ana Ggsn
son and IN every the polery mosaged shall be worth
atisast twice The amount loaned thereon, co
purchase 9 bonds q SSe created By 9E under
any Il he Aforesaid securities bonds Or stocks
he Company hold real amount not exceed
ing onefoufth Of profits but the Board of Trustees
norased to he Company forced sale of the fn
heir opuiou Of the Company will thereby be
promoted should require such purchase to save it from loss
ARTICLE ElGuTnThe officers Of the Company shall within
one month M & tbc & 9eicF Of Insurance shall have been
gd and during the m month OF each and every succeeding
ent en snd seeretary Of lie a Company o year
enad in snch estimate distinguishing between Fire
Marine and River policies which estimate sha oe conclusive
ner provided 9r and ha charge m seh hi
With a he amount uni Of he premiums y him ped
Pat IL no case shall the q such
and also with proportion thereto Of the profits of h
HGn to in favor insurer he shall Be
lied 10 signed BY the President and Secretary bear
Second Monday Of eaeh and every end
M te losses sustained by he Company
person entitled to sSeys such certificate i be
The books aforesaid shall not have paid the same at The
to retain such certificate pedFs Of The said
aHa s Rs s s 6ssn
any indebtedness Of the party 70 shall have been dev
fore or After the issuing certificate and thereof
s be ha ss p until
And in any certificate certificates of profits shall not
o Sass 5 sf 3 ReP
Rs be nfs0 s credit
the books the Company after public notice. by advertisement
pnblshe n, in ths city, which shall forth
sSF he said ceraoaes Of pos sums less than Ten
Of Of sums re, tens ~ Of Of dollars
gent account Of the Company and applied to the payment
The certiheaies shall only books of the
Company, and with its consent ,
of shs Company by eecng insurance therein shall before he
Tnsses and he paid shall be Withdrawn
from the Company provided in the next article bu
shall all the losses and expenses incurred by the
Company.
ARTICLE TESrH-Whcneyer theaccumulaed profits shall
sxceed Ave hundred thousand dollars the excess
thereafter employed from to year. to the edempon in
hGe pne Of ha rh eres the cercates ha
redeemed until those of all the preceding years are paid
The Boad q Trustees however at Of their annaa
Ser So aiter and this article
on Of profits to an amount Of one million Of dollars before tbs
said ssSlss ''Hsii "pi''s4 - - .'f : 's, ~
ARTICLE E1EvESrH-on some day in the first month afte
the expiration he FIRST Of October 1861 from tie issuing
the policy and within the first month Of every uecesdnt
OATH and shall publish, according TO law, General Balance
FirsfGe nonnt 81 premiums received during the year jus
ended specifying separately received Fire Pol
icies On Policies and River Inland Navigation
Of the expense of the Company during
losses incurred during the year dn
gas,hHg nS Fs R P Marine Risks and Inland Trans
FonhThe balance remaining with tho Company settin,
forth the nuonn Of cash or Il av the amount invested il
securities and The nauTs Of sao s ts opnOnv -
meeting 70 be convened for thirty day
hNee e NJ rTo make any Changes addo or
of Incorporation or even to dissolve provided tina
in Of such proposed measures and any and all sac
Anrlo1E Tn1RrEEsrllAt the expiration the hi
art earlier termination, provided
srteie twelfth three shall be appointed by tn
b Gompans shall be qudae its debts and liabilities paid
balance It's funds shall be appropriated o the EeemE
If the same Commissioners shall until III
business Company shall be entirely closed and settled
inability of either the survivor alon
shall
ARTICLE FouRrEgNrRIn addition to their share of profit
the business Company the original subscribers ha
be entitled receive for the first secal interest Of e
premiums credited on their snbscrr
lion notes. which interest shall from the average dates
nch credits until the rs day Of October eighteen hundred an
sxtyone
Thus passed my office in The city of New orlean
aforesaid presence Marcel T. Dncros and Anen
Conand wtne*seo lawful age and domicl@ted IN said cit,
who hereno their together with the sid appeafe
said notary on the day and date forth ia the eapo
hereof.
Fe0wes Co., Foiey, Avery Co.. y N R0haEt Cos an