New Orleans daily crescent., 1860-11-27
INSURANCE.
CHARTER OF THE LOUISIANA STATE
" MUTUAL INSURANCE COMPANY.
STATE OF LOUISIANA. oIrY OF NEW ORLEANS.

STATE OF LOUISIANA CITY OF NEW oRIEAYs
red and sixty and the independence Of the United States
America the ciRhty-ffth,
Before Edward Barnett Notary Public, duly commits
ss "a s s % q i e. rs q sGa and
Personally and appeared the parties whose names
hereuao subscribed who declared ta aysng themselves q
e organization of corporations this State, they
ba and 5 @ e
Company, tie objects and purposes
r,ssT sais comnanS sbal b ssaSisnsa .nd
located Y hs city Of Nsy Sn a e. bs and f @ knS % aR A.
atan a o oa he s day septeaber HUI snd II s
exist for end during the full end and term q
be med % BY he IL ,S Sses Of g e having 9
inscription the name Of the Company.
officer upon shall served Citations noticesor other
se seg process n '''es @nssn ins ooupany 10y 90 n'sf
ARTICLE sEdoNpThe objects purposes the Company
mae Insurance on Stores and
property agaiiisi ioss or damage by IRE.
make Insurance Vessels Steamboats, Freghts
foSs Bank Notes Bis Esshanse and oihel
Insurance with Marine
land Transportation Risks. 80.
upon when skaii hsse made
paass y h ae aeces to ae s
M Ssn s pge ihI h 5 f @ @
Of e ssp9n and @sde p payas S o. e. t % Ts q
p Of the aSd oas, se s rs 5
all the contingencies Of capital.
paId IL eonfoity with he rules and regulations Of the Com
pany the Of such premiums when paid shall be
been paid il fall
losses " lie Company IN any larger
may be due on such note or notes
there shall balance due thereon after the endorse
ns s Rs 81 aPd 5 ID q hs
shall have tie right to renew their for such balance
All the aforesaid notes shall contain M stipulation tnat should
pay good faith maturity he amount that shall appear 70
e r sas value sa m sonsidsration or he same
the corporate powers Of the Company
shall be exercised Beard Of Trustees and sue officers and
sslsd ss asss # %s!s ss
S sv % S 5 se asg m 5 Ssd oges s % oss % H
sqs P a9 a. s1sad
appoint o,lsrs ali ~ yassnsiss 81.
i steseG T s hs election and s 5od ts
Those persons receiving plurality Of votes shall be consider
acs hs day Sd I III F,sdE I % sanse s s eson s
notice thereof BY advertisement newsJa
pezs published u This city.
year elect President and Vice President, who shall The
@ @ Il hoa he ce Fl nn tbe aI a eesed ~n0
Ts President a preside d A. 81 a %es9gs e s board Of
the Company generally under the super ion ef hs Board
preside ~ such meetings and shall sign the policies OF the Com
psny !, ..
elected employed by them in the service Of the
oGnesiY They s4lI the profits arising from the business of the
y The I hereinafter al peVed aa5 sd tGr & They
laws rules and regdaons ~ hey sy deem necessary @ and
a provided be same does not conflict with !he
acts necessary for eee tue oeee ara purposes
MAT oasufin tls!r number; ..-,.
ARTICLE FlrTnThe following named persons shall consti
NV NY @ M sd % II II I III ~ nscSig % h ~
she a i p powe ; sps,Is @ ,, a W "
hundred and sixty until others elected in their place
SSsnD cnss " Yoarn,ss aSgsshkS P.,,..,o
vi A. Gordon Theodore Lanalx Frank Shaw,
,bise ohn aandy. St0nus T. Bordaiois, T. HICKMAN,
fRafRs, anl,s y q tayapse s aqssn' cbas Koghi%d Issd.
IN. Robert, J. NJ Wagner, j. G. McL6arn
Theodore FIois, " f. Kent Msgin Pnig, ''''"A'
j. 4 Bonnsfou j. j. Herr W. b. Conger
ARTICLE stxTnEyery person who shall hereafter insure
am continue 70 insure with he oopspy ana every person
d credit the Company 6s sasd
and shall have the right VOTE person By all
elections safh Ssae1 Il sTsq e on The S9osf of h cG%
Ras ] h9 ea @ gi nqaaed @ @ Ry ios ] sIsasd @ 9 aer me
sns % s he 81 s ls ~ sfi sas
th of thousand dolar and ,isn eael i've hundred
@aonnt OF lie eer9este a pcseh lie sum q i've 6oaad
dollars when eaeh one thousand dollars more shall be entitled
10 one audiona4 Hoie ai ueb
shall not have been 70 we person or hi claiming to
vote WITHIN SIX Inonshs pIlot p sach eiee''oh.
ARTICLE sEvKSTHrhe Board OF Trustees shall have
power time time, enehaf Of the profits
numbered the Parish Of Orleans City of
son In every the property morgaged shall be worth
at least twice the amount loaned thereon.
also the cnsh surplus profits of the
pany purchase bonds stocks created by
The laws United States Of this State city
may of such cash profits pledge
ans Of the aforesaid securities bonds or stocks.
Company bold real estate amount
Ing oneonrlh profits the Board OF Trustees
orgaged Company any forced sale of the
opinion the interest Of the Company will thereby
should require such purchase from
prr,E FIcYTtFhg officers of the Compapy shall within
on tnan,l afieT hr fs AZ October eighteen xt,
80 r. ~ % tifne tie irs; noey If sirntce shall oY Sr
ed an during the Hfst month 6f each aud every sIcrpe5
.as an estimate 10 be made a. sworn d liz the PFes
Am d Eereiary of he Affairs Of the Copany far HE
of
period embraced in such estimate distinguishing between Fire
Marine and River policies which estimate shall be conclusive
matter provided and sha herenpon charge
with apropoona share of the losses sustained by the
pauy according the amount of the premiums by him paid
but shall such share exceed the amount Of such
mus and credit him with the premiums
with share proportion thereto of the profits
Company derived from Investments and for the balance which
shall appear be in favor Of the insurer he shall
tied certificate signed by the President and Secretary bear
ing interest the rate OF cent anutn payable The
Second Monday on eae tna every year and con
tahlhs pioslso INV ie slali pe liable