New Orleans daily crescent. [volume] ([New Orleans, La.]) 1851-1866, 1860-08-09

same OH year thefeon, until others qualified
Those receiving plurality of votes shall he consider
ay h n s ne g aS o sgg
be held within len days after the failure to elect end hal give
The Board 81 Trustees shall at their meeting every
lime eeciap he exofic? members of Ills Board and who
fas ssa =, a gsse nd b ssag, G IT, h 9s
The Company generally Sndet the o. az Board
n egse 4 the absenfe q tne feSidai I'M %
Thc Board Of Trustees shan x ,he compensation MI officers
and CLERKS eected employed by them - hs service 81 the
They slal invest the profits arising the business the
Company the hereinafter provided for They
n ss IT'D TsSiaiios II 6s may DEAN nseesafy aid
sa fl Ge & a @ nj s aa 81 & H.
ae intent aga meaning e hiS as 4 afgposs9 81 6 hs
acgs necessary for carrying objects purposes
o the Company not ere provided for aud to Ill all vacancies
ARIi i fffTh folosi persons Shall eonsii
,;i A. III " S5 A ,, sIlsle g ssy
untl others elected ia therpace
TRUSTEES %
s1 4 d455 G Ssssr y2e aa s
ANTS DolGonds, Z, L };, Bfi y TsSpes
T9p S, Z T 4 [%ssn hi, o'fh} Iss5.
/ Il l. f ats i II Bos Mssa asa AHda esfasu
+ / 4 Ss5asisn : 5' Ill., v WI L Cont Gssss,
and t. x @ a
holding in his own name Or in the name Of lbs arm seFcs.e
after credit o 5 be e i'as
see ion each essae bo
s hsreof @ ens the Rods g ONE III very s
hundred dosrs mil the amount Of the certificate shall reach
dollars shall b emitted ADDITIONAL vote ntil ls
dollars when each thousand dollars shall be entitled
additional Provided however ss such
vote within SIX months prior 70 sueh eiegoi, ,
power 70 invest from time 10 lime d he ios d hs
1 psns sssd y 9e ~ s y
ana in every case the property n9Fts"sed shall be worth
They may the cash surplus profits Of The Com
@ a. sa s9n q q S 2 S s ses q n s
MAKE loans e. sash es o. surplus profits on pledge q
The COMPANY hold real amount not exceed
ing u Of n net profits hit the Board Of Trustees
moriEaesd to lie Company same
should require suc to save from, 9s
after The rs Of October eighteen humid and Sixty
from The time che rst policy ct shall have 6esn
aen and Secretary q the Affairs d the Company for tile Year
period embraced in such estimate DISTINGUISHING between Fire,
upon persons entitled to receive certificates Of profits
with proportional the losses by Com
4Gse n II s M 4e ex q af IL oaa y a p
ius and shalt credit him with he amount # said premiums
Company Investments and for the balance which
lied to signed by the President and seeretuy
ing interest at lie rate Of per cent per annn patab on The
snn prosiso tlat lie amount therein naa'sd shah il liable
And should Any person receive te6cae be
to e Gqpams o III an Gs A. one h
time certificate exisbe The company shall have the right
IN md e a have been issued
delivered shall awag emnn iahle 70 the Company of
any indebtedness party whom shall have been dcliv
sred for unpaid premiums, whether such indebtedness
shall be made except option Of tbe Tnsees, such
Indebtedness shall have been entirely aexngnished
or by parties entitled lhsTslo yia thfee
and e Z re- s y II fh astss asfrasd
N sss II seS I
the eeyre and the name Of he asiy entitled the
II The S ast e. 9 9 a l s ss a s
shall lie omitted be placsd credit Of
and charges , 4 r. safcsGang 81
Company, and with its consent.
M h ns1Se9 9 , iss eG sa Ds1 9
receives policy the thai shall he determined by th
@ nS ss Hesp 81 a l re- e ] Ia
a he liable for all the losses and expenses Incurred by til
AelE Whenever the accumulated net profits sinai
the Of i've hundred thousand dailaFs the excess
thereafter employed from year e, he redempion Il
Male q il paE Il eaf ye f=[se Of ple ssaed b
redeemed until those OF all the preceding years are pa
Board # :, hGgeyF q any q ,fir , ANNA
her 50 alter and ntpe his article IS 10 tqae an acaanla
ti66 Of n 10 m million ri dollars, before
sH he aIiti 10 the redemption Of certificates aore
Article EIfyrsquon some day ia lie first month afts
the expiration the first OF October 1851 pm the issuing
the irsi n0icy, within tia first month OF every Hccecd
year Il the Company shall cause 20 be made undo
and shah publish according TO ag General Balanc
Statement asirs Of the Company which ShB
FsiTho amount Of premiums received ia ms the year in
ended specifying separately tho amounts received Fire o
cas Marine Policies and River Inland Nayigao
aceoRtThe amount of the eSpense Of The Company durn
Fhsi@Ie araant a-ing the year distil
gushing between Fire Risks Marine Risk aud IHaud
/ portation and Navigation RiAks;
FourtT-The balance remaining with Company, svtn
forth OF cash hand and the invested
/ securities. and the nature OF snclf securities
ARTICLE TwElFTH.-Thc Stockholders OF the Company, at
eeIiI convened tor the pHipese thirty ia,
Of the newspapers published III this city shall ha,
the power make changes, additions or notifications
ieefouTtl represented such elting shall
Ii such proposed measures, aud and all sue
change addition dissolution shall he recorded required
ARTc1E THRIEEsTiAt the expiration Of te Term of III
act Interpretations It's earlier tegmnaont provided
twelfth Commissioners shall he appointed by IL
Trustees, under whose superintendent the Affairs
Company shall he iqndaed its debts and liabilities pal
and funds shall BIZ appropriated to the REDEEM
dates the shall continue 70 act until
business e Company shp be entirely closed and sslte'
the death inability ii either tue survivor alo
ARTICLE FouRruEyrH-1ne addition thur share prof
The business the Company original subscribers shf
entitled receive for the first special interest OF
per the Of premiums credited their spsct,
ion which interest stall from The dates
nch CREDITS until tbs first day OF 0e.veS eighteen hundred al
Tins one and passed nv Office city orlsa
aforesaid in tile OF Marcel 4 Dncros and Ano
Gonand witnesses OF lawful and damieilaIed in said cit
sign their together with the said
and said notary The day and date set forth In the cnpi
Original signaa-Brand Landry Harris Bercier 4 G,
Feloses Co.. Foley, Avery Co., j. n Robert Co.,