New Orleans daily crescent. [volume] ([New Orleans, La.]) 1851-1866, 1861-01-09

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BOARD TRUSTEES:
Aredoo Landry 2seye yqoshiss; vs. vs. BRst Be-
| Alfred Dolhonde, G. J. Bell, y Cooper,
| John Candy, T. BGrdeioi8r f. Eekinhn
f. i T. inrrfs, 9, Ga3sroc, qhes. !. Leeds
J. n E96eEt' :. ~ Magnef;a d r "; AI Ii
! Theodore Frois, " A. Kent, 33Iagin PUG,
J. 4 K BonuSfon J.J. Herr, ". Il. Gonger.
and cd6tnne to insure Ih The Company and every person
holding h4 or in the name Of his firm certificate
Ssr proyided for shall be deemed Grber Of The Company
eS 5 hay ' ees 20 yG e 6n m 6fG AL
pany not discharged Iiqndaed By leSSes sustained after the
hundred dollars until the amount Of tbG certificate shall 5eae1
oIf more sHai be entitled to one additionaLyoe until he
amount Of the certificate shall EeaG the sum Of GTo Thousand
additional PROVIDED however that such
; Sois G yf DSS o priof 70 c esaiion
ARTICLE sEvErHThe Board Of ,stess shall have The
power invest from TING TO time, one half o! the profits of the
s esise H 6a F 9y o d y Js
son and IN eyGry ctss Ing proe %'sseo '1a oe worth
be2 av Mo invest tie cash or surplus profits of the Com
pany purchase Of any bonds or stocks crested BY Or under
and may Of such cash surplus profits pledge Of
my Of The aforesaid securities bonds or stocks.
ln ceoUh Of It's mel profits the Board OF Trustees may
99fs IL f@ camSn G s 5S IN
opinion the interest Of the Company vii thereby be
ARTICLE E1c1ru-Ihe Officers Of Chg Company shall within
mouth! %eg Inc fr Of 0c;oSe[ siiSsn @ sxy,
sd md during The frst month every succeeding
dent seey of the affairs Of the Company for the year
pcriod embraced estimate distinguishing between Fire
Marine and River policies WHICH estimate shall be conclusive
FIX and s S eoqpo4 Ghagf each I Insurer
WIN dccaP% to the amount Of The premiums +, HIM Si
but case a speh share eyeSsd the amount of snch Pre-
and wi share in proportion thereto Of The profits Of the
q9Ss9 55 5s ii op IL M lie Sa ?S e
lied to certificate signed by the President and Secretary,
.l,pr ia nj ila
Second Monday in November Of each an every and
for anS and vii subsequent losses sustained by the Company
And should any person entitled receive such certificate be
@ aS to adr S G n any 0t fs p GG3 s Ut e
time the certificate is cxigbe the company shall haveti right
D IN S S and even he Certificate a ve been e
any inde6cness the party whom SHAH have been dev-
cred for nnP9d M Inv an n
M be made at the op??n Of s Irnfes until such
AND in nT ANY psa s1 s beo Of R s"
thereof with all the teres! accrued thereon,
As Ssf ny & G"c nQ o N
BnbRs %Hf s g s ne the
Of the certificate and the name of he party entitled to the
doIas and fractional parts beweene dollars,
ngen: account Inc GonP3nS ana aPReI to tic payment
sa Ga 5bf Soy S9 on the books Of the
IL ho T@ bcG s member
Receives his policy pay that by the
ompany excep rs The next arce bus
shall be ali tie losses and expenses b.
ConuanF.
ARTICLE Whenever henccnmuated net profits shall
# Ave hundred h s3sess
whole il eaeh years certificates Of profits issued by
he redeemed until those of all the preceding years paid
The Trustees however at Of their
ton Of profits of million dollars before
excess shall be appedto the redemption of certificates afoe
EtEy5srgon day Yin il the first month after
the policy and within The first month Of succeeding
9ath md Shall pub according to law General Balance
Statement Of the affairs Of the Company, which shall contain
Firs-The premiums received the
ended specifying separately The amounts received Fire Pol
i Pos Ss 'S '0'' anu Oil ''l''' -'0
the expense of the Company during
of losses incurred during the distin-
gushing be,Tsen G Filth Marine Risks and Inland Trans
Fonrh-The balance remaining with the Company setting
forth The cash hand and the amount invested
securities and the nature Of Snch securities , -.
general meeting 10 be convened for days
notice in two Of The in this ETY. sh9 aye
the of Incorporation TO dissolve provided that
in favor Of such proposed and any and all such
change addition dissolution shall be recorded required by
ARTICLE TmRrEESTHAthe expiration of s Of this
article twelfth three Commissioners shall be appointed BY
tie Company shall be qudae its debts and liabilities paid
and the funds shall be appropriated the redemp
dS e the act un
business of Company shall be entirely closed settled
and the death inability either the survivor alone
shall act w
ARTICLE FoURTEENIn addition to their share of profits
in The business of the COMPANY tho original subscribers shall
entitled receive for the first special interest CT eight
per the of premiums credited their subscrp
ton notes which interest shall run from the average dates Of
such credits until the first day of October eighteen hundred
| siXtyone
Thus and passed Office in the city of New Orleans
aforesaid in the of Marcel T. Ducros and Antone
Conand witnesses of lawful and doncacd in said city
who hereno sign their together with the said appeRrert
and said notary the day and date set forth in the caption
hereof.
Original signed-Braud landry, Harris, Bsrcier Co.
EanWes Co., Foley, Avery Co.. J. nj R0bert Co, AM