New Orleans daily crescent. [volume] ([New Orleans, La.]) 1851-1866, 1860-12-15
INSURANCE.
srArE or LOUISIANA, crrY OF NEW ORLEANS.
sBAISTER OF THE LOUISIANA STATE
= MUTUAL INSURANCE COMPANY. :


,I3hISTISR OF THE LOUISIANA STATE
MUTUAL INSURANCE COMPANY. =
STATE OF LOUISIANA, CITY OF NEW ORLEANS
IT remembered that this weny-scvent day of thu
onih Of July in he yen Of our Lord thousand eight hun
Before me, Edward Barnett. Notary Public duly commits
in he presence OF tho witnesses hereinafter named and I'm
Personally and appeared the parties whose
y BED Tho declared that eyang
ho organization Of corporations in this State they had
Ind themselves and those whom oy represent establish
L. sbsaons stiSIations and EXCAVATIONS foowIng o
ARTICLE FRsTThe said Company shall be established and
j. NJ s Ct ss a sai t s
GAL iSsuRAN0E COMPANY i SHAH commence ia ope
xs for aud during full end Of twenty five years
the date hereof unless sooner determined provided in
SHALL used by the officers of the Company having for
inscription The name Of the Company.
nicer upon whom be served ali citations notices or oiBei
process in matters wherein the Company may be inter
ARTICLE SEcoapfhe objects and purposes of the Company
FrstTo make Insurance on Dwelling houses Stores and
her buildings Household Furniture Merchandise other
seeoldEo make Insurance Vessels Steamboats, Freighis
%STe o Msfhand IL Specie Bullion
eb bottomy and fepondena interests and generally all and
APP to or connected with Marine or In
The Company itseo he rerBured risk
bpon which # shall have made Insurance.
ARTIcIE TmRp names ana respective interests o. the
which sold parties shall on the organization of the Com
any for business furnish their notes well approved for the
amount Of their subscription and made payable the
ocober 1881 for which receipt shall be given by the Presl
Is premiums advance and snail be subject to
oil me contingencies of capital.
paid in conformity with the rules and regulations Of the Com
endorsed The Of the insured until the shall have
No subscriber Of such notes shall in any event be liable for
sc Of The Company in any larger sum than the amount that
And ii case lie maturity Of notes given ms aforesaid
there shall ean balance due thereon after the endorse
eqase the yen, Of said balance the drawers q aneh
the Aforesaid shall contain stipulation that should
h hsir ,aying an and every plea IL want
: OF valne or consideration for the same
e. hs s 81 Of he Company
rleEks ~ they may appoint w, ss.,,..,
fthe Company be elected Except the first Year.
Monday in September in each AZ such place in the city Of
ELECTION they will give fourteen days previous uotiee by
in two Of the newspapers published in said city
they shall appoint three members Of the Company
side Inspectors at such election and should q the said
power to appoint others TO fill the vacancies.
me Hoaa Trustees thns elected Shall take their on
the last Monday In October after The election and ha hold The
same oe year hcretro or until others are qualified to act in
Those persons receiving plurality shall be consider
ed and declared duly elected III Of no election taking
e. held ith te day alcr liz failure u elect aud bsi live
W in enc or more Of The nswapa
The Board q shah Ell hslr first meeting IN every
ins e election y ssolsq neassrs y NJ 9rd and Who
Sn WIFE, n PssIIt p tbo3I ets n Vii N ] ~
Trustees and Of Tie Company and shalt conduct The business Of
Il III k5saae Il ths Pesideat tG yce e si h
preside SUCH recsnss and shall hS the policies Of the Com
T oard Of Trustees shall m the compensation Of a officers
and clerks eected employed lily them in tic service ie
Company.
Company IN ths maaar Hereinafter provided for. They are
hSseg sg %5 ~ bey INV WHY e4 p snsH 9
,i " l ~ nv, " , s, Sa ~ 9 " t7 IN,
trne ftsnt sd ei ef tis acf ~ irrorpoTtnn ar win ,a
Nav Of Ills ste aud they shail have Hi bower 10 d. All eF
u & 1y ros MANN @ and ~ III III n,dpns
ist @ay oissIiR tlSiS ng55sr ,,.a .. ., n
she trsi Heard Of Trustee md are hereby vested viii iii
AZ riifs MA eTs sbpeta4 In fis urecpdif, oFticia ma
shall hold their until the Monday October eighteen
hundred and ix-ons until others ace elected in their place
+ .,.srs. S Sa.s. " ,il,,2 -, n r...
Y; 4, GORDON, Thgodor{s Lanauz, Frank Shaw,
9 aitfed 9 n05s9nue' y i, ssJ y r ROPER
=. i 4 psit ~ E e; Logan, & Kotffhtord
i, y. R9seT JIM. Wagner, y. Q. MeLearn
y ~ Sl s u houq Ks Neign t hleslmenn'
J. b 2urison, zolly WIN CEuzat,
j. A. Bennafon ~ Herr W B, conger.
ARTICLE StxTn-Every person ghs shall hereafter nsrra
continue insure with the Company every person
Of credit boo Of The Company 10 he issued as heroi
provided Tor Sha be deemed member
and sall have the tight person by proxy al Hi
elections each certificate credit on the books ar % Sow
many not discharged or qudaed by lcses sustained afe %
Issue thereof sn entte one vote for every p
duliarssuUli the
fs amount of one thousand dollars and then eae undred
amount of tie certificate shall reach su Of lye thnnnd
dollars when each ofe thousand dollars mora shall he entitled
10 ono additional vote Provided however that sHc
SHAH rot have been transferred 10 person or fam aiming Ia
80, : er,zvsT,. rbo Ioad ~ Tg,s,aos o,a,t 49, ~
zo Il geet frotn tipe to tine one If tbc lt ~ NC
" = see,EJ ~, T,,tna ~ I ~ la2
rs rsi asfats N ia rtsI III at, ffi, - ~
No. { l.; a,saTy n5nsert ,e5rtsns.sd MI "a t
w ~ Y ,I vi ,ia 'H@aN 7A'' 3e molth
- r. W. or aTy bania ar siatx rfest,3 %
HI I. " ha nItaS stctas nv az tb s;ata ~ II %
" W Lew ~ MI, casj, or ~
80 ~, 5fSrasad serhritIal bSnas nr stncts = ASIs'oA
me Ienp9a. ss n ba IL R a IL ot t8cee4
s e5js,an am ,fnnsrts t.Li5E 5, ~ ny
y, ~ ,, ~ fsa4 la y r. te p W
N M infsP ~ M fiorS,,, III a.
gpn SIa red6e nc 1rtelnts ~ 49," !, 49, %
'Hete'' ~ - m !, 80 t.Ps'
ARTICLE EteBTHih oee.s o. the company Eha within
monte II W. ~, TT snd siAty
800 ~ Ss5 M MI inSH, III srlt anl a.ar.- KIM
- a 80 an afs "a In 7Ss,ls a 4 5-arti IL X H., B
3e ~ H. s,Jaf1 III ta o1a 4 ~ ~ III 4gel
ss as i,,3i, q siotaT,ss ~ ~. tat
,4 n gnrh esfinaa SETss W t
EsFine ad River pojnies Which ggm8te s he coDcnsits
All persons etited TO receive cefacaes of profits 40
snfter provided for and shal thereupon charge en insurer
with proportional share of the losses by the Com
pRv according the of the premiums BY him Maid
Sun in no ease shall anch exceed amount OF such nre
ns and shall credit him with the amount of said premiums
with shire III proportion thereto of the profits OF the
Company derived from nvestnents and for the balance which
he ha