New Orleans daily crescent. [volume] ([New Orleans, La.]) 1851-1866, 1860-11-14
INSURANCE.
CBAISTGB 0f THE LOUISIANA sphTTg
~ MUTUAL INSURANCE COMPANY.
STATE OF LOUISIANA. CRY OF NEW ORLEANS.

BE It remembered that this twentyseventh day of the
north o. July in ne year Of our Lord one thousand eight hun
America die eehty-ffh, '@' ~
Before me- Edward srfett Notary Publ,c daily commits.
stoned and sworn Tho Parish Of ORLEANS Stale * ana
and in te presence of thu witnesses hereinafter and u
Personally came "sd appeared ne parties whose are
lie provisions 81 ne lava 81 hs STATE X onsaha relative 70
the oaaon = G@TPpa9s y hs State they had
bind themselves and those Whom they represent 10 establish an
the obligations siDulaone and regulations following
ARTICLE FtRsrThe said oupany shall be established and
gnsled I RSA sTRf 1sq Me- g.
TuAL INSURANCE COMPANY, II shall commence Ia ofe.
raons o. or about TO rs day Of September 1850 and shall
exist for and during tbs tall c and term Of twen years
Article i2h boomer u''sAHea as provided iT
seal Shall be used by officers Of tho Company having for
device the Of the State OF Louisiana and far an
msetptiou the name Of the Company.
officer whom sha be served ali caton notices Of osr
legal process in matters Wherein the Company May
ARTICLE objects and purposes the Company
FirstT9 make Insurance Dwelling houses Stores md
other Bgld9gs Household Furniture Merchandise and other
seeondro make Insurance vessels Steamboats, Fregis
Profits Bank Notes B Of EzeRsase "nd ohsS
debt hotomry and respondenta interests and seaely
every to or connected with Marine
upon which it shall have made insurance. .s7N
AIoLt 9e.ass nga respective interests Of the
All which said parties shall lhe organization of the Com
pahy for business fanish their notes. well approved for Ills
amount Of her Subscription and made payable tie Crit
1s,9es @ Tor Which rsegs aa X gyen hy Ihe Pres
for premiums ADVANCE md such shall subject 10
allthe contingencies Of capital.
All premiums for insurance made by these parties 10 be
paid in conformity with the rules and regulations Of the Com
endorsed on hs notes Of the insured until the shall
subscriber Of such shall any event be liable for
losses Of the Company III any larger than tho that
case the maturity u the given as aforesaid
snt q premiums paid and hs wants q The Company shall
All the aforesaid shall contain stipulation that
the wants Of the Company require H. The drawer drawers will
T. g9s s III an5 ,ns Shn aa aPPes
of value or consideration for the spnne.
ARTICLE FoURrH-A the corporate powers of The Company
shall exercised BY Beard Of trustees and
clerks ss n Sy Il p1 is sPPe sbs con. Of
Of the Company e be eleeed teSeept the rss Year, the
S n M III aesg Board a n ns ns ey c q
election they viii least fourteen days previous BY
aa sy hree msb q e cm6 WI 3 by ps
deeSe Or @ he Peen e b sa
power 10 appoint others to I'LL he vacancies.
the last Monday in October after the election and shall hold
year therefrom until others are qualified IN
Thg persons Eessiyng Pqay e. y9tss shall b. consider
place The day Fixed the Psdeni shall cause election
notice thereof by In one Or more 81 the newspa
PEI, Published IN this city, ., ,.,- o.-..--.,.
year elest President and VcePTesident Who s at liz
ha n XIII @ o N un ber " ~ I@ e s9a VINO
The President shall preside i'll meetings Of the Boafd Of
Trustees and oil the Company and shan conduct the
the Company generally, under the Supervision the Beard
In the OK the President the
preside st such meetings. and shall gn the policies of the Com
phny.
The Beard of Trustees shall fix the compensation all officers
and clerks elected employed by them in the service of the
Company
They profits arising business of the
Company In the hesiHiter provided for. They
hereby invested with FOIL power 10 irane aud adopt such by
laws Teguatan they deem necessary and
requisite the oil Che Company Tie transac
ton Of itsefB provided the does conflict with tile
true intent and neaHg Of this ac Of incorporation with the
laws Of This Se aud they shall have full power all other
necessary for into effect the objects and purposes
Of the Company provided for ali vacancies
that occnr in their number.
AnTcLg FrHThe following named persons shall consti
BoAEd Trustees, hereby all
the rights specified preceding article
shall hold their until Monday October eighteen
until others elected their place