New Orleans daily crescent., 1860-12-20


w. a. Gordon, Theodore Lanauz, FTank Shaw
Alfred Dolhonde q. j. Bel, w, Cooper
John Candy, Y Botdeois, E Eiekman
Il iHsfPHfIS f Harris, & cagaPoc, o' cha j. Leeds
A. D. Grief L. Boudotsgue, Valen. Heermarn,
Theodore Frois, W. A. Kent, Nasin Pug,
J. ). ( (. Btn1S BonnGfSn j. j. Herr, W. i B. Gonger
ARTICLE sirHEyery person who shall hereafter insure
and continue With The Company and every person
o eed the books he Company to be issued bersn
aer provided for shall be deemed member Of the Company
elections each certificate credit the books ii Tie Com
srsa 5 ne @ ssF
HUNDRED m n ns na q sn me 6e1 asa M shall
dollars shall ge entitled TO one additional vote until the
dollars when each one thousand dollars more shall be entitled
e Gne % s "a s se
vote within six months prior to such election.
ARTICLE sEvESTH.-The Board of Trustees shall have the
Company in loans secured BY mortage improved and
and in every case the property mogaged shall be worth
They may also invest the cash surplus profits of the Com
pany the purchase Of any bonds stocks created under
may loans of such cash surplus profits pledge Of
fhe Company may hold real estate to an amount not exceed
ing onelouIh OF s net profits but the Board of Trustees
norgsged to Company any forced sale tie same i in
their opinion the of the Company will thereby be
promoted should require sucE purchase TO save from loss
ARTICLE ElGHTHTbe officers Of the Company shall within
@ o F ne iirr ne he ar nScy If Sali ba ~
Issued and during month each every succeeding
5 t seefeag q tie a @ lie Company or IL lie ss gear
esfa h such estimate sng9sGng beeen Fre e
Marine and River policies which estimate shall be conclusive
matter provided for and shall heeupon charge each insurer
papy according to the amount of the premiums by him paid
bu shall such share exceed the Of such pre-
with share in proportion thereto Of profits Of The
Company derived IRON II ana tor the balance which
tied certificate signed by the President Secretary bear
5 NosSp and eHers ss Gn e
FOR amy aud ali @ sustained By The ompay 's
And should any person enitled TO receive such certificate be
H stasts sSal haye paid #e
he 6ae BEEN M
sns een @ 9E
sss 9s hs no
shall be made the oan Of the Trustees until such
eefse ssssssss Of profits shall
the amount thereof wti Nj the interest thereon
M books of hs Company sfIer public advertisement
IN and s h @ y s s @ e me-
Of the certificate and the name of the party entitled the
dollars fractional parts tens Of dollars
stall be omitted and shall be placed to the credit Of the Con
Of the expenses and charges Of the succeeding year.
aSd on the books Of the
ARTICLE EINTuEyery pcrpon WHO shal bcaaao ,e=nFa-
receives policy pay the a shah determined by the
Trustees and the amount so paid shall never he Withdrawn
shall be liable for all The losses and expenses BY the
CouDanv,
AEr1cLE tbegccuuuated net profits shah
exceed the of Ave hundred ousanddoars tn may
ye f az a "fSbrb etfeI hut he 9 e N ~
be redeemed until those Of all tue preceding years paid
meeting by thavoe Of twothrs y The %hoo Of tsin NUM-
her Slter and amend this srtice ~ to eqgie an oeumua
s be appliedto the redemption Of certificates
ARTICLE EtnvENTH-on day IN the first month after
theeSpraou Of the first of October ISL Ike issuing d
Year orss Ne Gompany shall be made ehdef
Gh @ d Il ss5 I'll p9Rsn, aes9IasE @ to asF Ge4e53 Ba2nee
FstThe ssount fnemiums received during the year5ust
ces Marie, Policies aEd River inland NavigatiSn
second-The of TIE expense Of ts.5company durn
aua5t ossos incurred durns The year isin
gHshtng bawseH Fe Rsk5 Marine Risks @ad Inand Trans
Fenrth-The baianoe remaiiag with The Company setting
fartt te amount of cea on hang and the in
Ap.aoLE TwELFIuTle soclsholles Of the Company at a
o s n @ 6syys 6ay
tie make any eLsages additions medsgtons in
of The represented meeting ssl vote
& ah sa Il sna anE and s spS
ARTICLE TgRrEENrHAt the expiration of the term Of this
Interpretation its earlier termination as provided in
article twe three Commissioners shall be appointed by the
Board of TuE, under whose snerinendece he affairs Of
he Gompgny hs he l9gdaed is debts and liabilities paid
ion certificates of profits pro t and wheat distinction
dates Tie GomTsqnars shall continue { act nntil he
iness of the Company shall be entirely and settled
nd in of the dea inability of either the alone
ARTICLE addition their share of profits
the business o. the Go9psny the original subscriber shall
er cent on the amount of premiums credited their subscrp
eh credits until the first day of October eighteen hundred
oresaid in the of Marcel T. Dneros Antoine
onend witnesses Of lawful age and domeiated in said city,
"a