New Orleans daily crescent., 1861-01-31
INSURANCE.
CHARTER OF THE LOUISIANA STATl
" MUTUAL INSURANCE COMPANY.
STATE OF LOUISIANA, CITY OF NEW ORLEANS.

Be remembered that on this twenty day Of the
month Of in no e s Of d one o tho ns h hun
America the eiehty-6ith
.i5aed md svo for the Parish orssns State of
and in the Of the Witnesses hereinafter named and
Personally and appeared the parties whose
the provisions the laws of the State o. Louisiana relative
the sad snfs and % s e fafy sa
bind aud those whom they represent establish
he S RRSsS1 oo~s
ARTICLE FIRsrThe said Company shall be established and
sigHsed hs H@a ti'is STATE a
raton about the Fst day September 1860 and shall
and during the full end and term Of
from hereof unless determined provided In
seal shall be by Company having
of Of the State of Louisiana and for
| inscription the nau!s Of the Company.
officer upon shall served all citations notices other
legal in matters wherein the Company may be inter
ARTICLE sEeospThe objects and purposes ofthe Company
make Insurance Stores and
seeoSdTo make Freights
Profits Bank Notes BIs Of EXCHANGE and other evidences Of
every to connected with Marine OF In
The Counany may seo reinsured against any risk
| upon which it shall have made insurance.
rs1t To- his act are declared to be in amount
A which said parties shall on the orgnizaiion Of the Con-
psnont Of e subscription and made payable the first
Snt Of the Company acknowledging ae
a. for advance and such notes shall be subject to
All made by these parties to be
psny and the of such peniun when paid shall be
endorsed of the insured until the same shall have
'es NJ sn6scrber shall any event be liable
may in case At the maturity the notes given aforesaid
there shall remain any due thereon after the endorse
Of paid az ana M m bsnnse Of s se S mat
have the right to renew their notes for such balance
'0 M the Aforesaid notes contain stipulation that should
the the Company require it the drswer drawers will
a ne sopa @ his s or Their noe Waving ali and every plea q want
Of value or consideration for the same.
shall be exercised BY Beard Of trustees such officers and
'fFs M Boa1d ndy Of p Tastees shall consist of
9ss netas sn Boar It . Gfh ss g hs s
they v fye s @ IN sa sS
and they appoint three members of the Company to
pdsns sqs 3
appoint others TO GIL the yaeanGie' %
the last Monday October after the election and shall hold the
one year erefrom until others qualified act in
iTh receiving plurality Of votes shall be so9dsr
place hed the President shall esuse an esetion @ e
BY in or more of the newpa
vea eject President and President who shall the
bo s cs f nn e s
The shall preside all meetings Of the Board o.
Trustees the Company and shall conduct the business
the Company generally under the vision OF the Board
In case Of the Of the President the President shal
preside such meetings and shall sign the policies OF the Com
pany.
elected employed by them in the service OF tn
i Company. o,,,s-. Al. ,;ouu - -,
Conauy in the hereinafter provided for. They
hereby invested with full frame and adopt such by
laws regulations they may deem necessary an
requisite Of the Company and the tsnsac
nn of its affairs the does not conflict with tn
intent and of this of incorporation with III
laws of this State they shall have full do all othe
NECESSARY for carrying effect the objects and
the Company herein provided for and to ill all vacance
}, that may occur in their number. :, - !,
ARTICLE FFTH-The following named persons shall const
tute the of Trustees and hereby vested with
rights and specified in The preceding article The
shall hod their until e last Monday in October eghee
and until others elected in their place