New Orleans daily crescent. [volume] ([New Orleans, La.]) 1851-1866, 1861-03-28
INSURANCE.
QUARTER OLE THE LOUISIANA STA1,Ic
" MUTUAL SURANOE COMPANY. : - - 80
STATE OF LOUISIANA, oIrr OF NEW ORLEANS.


STONED and sworn for tho Parish Of Orleans Louisisna
dersnsd Witnesses hereinafter named and I'm
Personally and appeaed the parties syhoae names are
heretnto ubacribed who declared that ayang
ne Of the laws Of the State Of Louisiana relative
naned agreed by these presents agree and
naanee a @ 5 TO- ss" d an
the obisatIens eiDa!aions regulations following tow
located he city Of NSw sans and ka Be fnewn and do
iHsURN@GH Co@P4NY Il allall COMMENCE ia one
raons or the first day of September 1860 shall
exist aud dnrng full twenty years
from tS hereof unoSs determined provided in
Article t i iGh l.,
dsglsS eeoat Of ofthe State Of louisiana mad for
os apon Wo a b epysd III eat5s noes Der
osa ocoss in matters whsren The Company nay be- inter-
osted
are hsTeE declared n;s ,n g be- On
property assass ioss danase by GRE. 1,r ','
Goods Wares MeGhandise, spsee sutton Coinmissions
debt Pot9ry and generally ali and
The Company may cause itsefo any risk
upon which i shall have made insurance.. 49,
parties ibis declared to be in total ef 0y
pany business furnish their well approved for the
October sel for which receipt shall DO given by the Pesi
dent Of the Company to have the same
al the eo,1saaees Of csta L. ss' .'' '',''
Al premiums for made by these parties are to be
smy aud e araon q such premiums when paid shall be
endorsed tho notes Of the Insured until the same shall have
Nosviserpsr suck shall ina event, be liable for
may bs due on such note Or notes
case the maturity of the notes given aforesaid,
there reyaei balaGee due heeog after the endorse
reque payment Of said balance, tic drawers Of such
noessa have tho to their notes for such balance
All the aforesaid notes shall contain stipulation that should
pay IL god faith t tnarliy the amount la shall appear 10
ne due 5eir no %yas al and every plea OF want
Article FouRrB powers the Company
clerks hs they may appoint.
The Board OF Iri6teAS sha consist OF thrythee nei9hs
~ S ~ n oad ss f d ss q" e Ws q
aad thsy Hail appoa ss IL coaga9y!o
side as Inspectors o. sqcn etsctnn a n9ia an o. ne bhd
inpectois deGins I'll az t 0 1A'o
t6as siessd s6all t4se t3sis ;ssg
same e sr hersfom Or Until others qualified to act in
Tbos receiving plurality of votes shall be consider
Cd Il @ c OF eeoHn HIs
Be- held within tie lae elect ead sha! give
pseS sf,SS1 X I N os more we
The Board Trustees at sE fret meeting in
lime Of slscon be e,ofco members of the Board and Who
shell @ @ s u pe der s ee sa 81 e oar Of
T1sse @ Of ne GGR sn dc I If s os
In cass Il Of the President the Vice President shall
n4
pany
The Board shall FIX tho compensation of all officers
e Con stsrEs Sts'sa u '''
Thy sH s as isss GSf'f 81 ss
hereby Invested with nl power to frame md adoE such by
governmental the Company ard the trqnsc
p ae n ne NH cn Of Ills act If or With he
@ spa hs nH e s ss
IF the Company herein provided for and TO ill al" vacancies
4nTtcs FFfie oio|ing persons shell eoastl
int I first osEd e. sT6 5 arc assSSy vG 6 wig al
shall boii teif seats until Monday oo,obar eigeon
and so or P OF o9s7 es s'' s 0
Amadso Landry, Octave voorlies, VI. G. Betterton,
W a. Gordon, Thgeq RH i4anAa4' 81 Fa r Sm&#'
John Candy, Z. IBoFtdeios + /, HRsfGEERsan'
! I9pse nrr. q f:ys %ssn' 6bas j. fs5s
j. n E9bott, J. y Wasner Z. o T.; M fIaog
Theodore Erois, Va IA, Kent M @ss r PUG,
7. 4 g RSnssfnr + + = He,rr. W l. Congcr,
ARTICLE sixrn-Every person who shall hereafter
R Rodn n h T as or in he SIS r
Of sT M o0 sa ~ 6e empsn
and hal! have the h e yo n nss9n Or y poTy 9t al
pany mol de4rLed o. hqaae ny !oes sustained aiief he
issue thereof shall eiite inc hpaeF enc T2 ot @yy oe
the q thousand o,iars and thgn eaeh yo hngrSd
d0s o e sesee Shall peach the sum Of i've thond
dollars WHEN each one dollars q9 sa be entitled
shall been os tfe Psr%% or firm claiming to
vote ~lthn Sly lpph'1io PIN w
ARTICLE SEyESTHThs Board of Trustees shall have the
from no to time, onea OF tic profits OF the
company oHnH secured by Incrtae on improved anl Te
numbered in the Parrish oil orleans and City Of Jeter
at least twice the amount loaned thereon
They may nso invest the cash surplus profits Of the Com
pany purchase Of any bonds or stocks created by or under
&be laws United States, OF this state Of this city
and may such cash surplus profits pledge OF
any Of The aforesaid secnrtie honda OR stocks
The Company hold rea' estate to an amount not exceed
prlcese in addition any property which may hive been
orteRged Copy, AZ forced SHe OF tho If in
their opinion the interest Of the company VIII thereby be
rrouScd Should require sHeR psaSe 10 SFe from 9as
ARrfCLG EtGHrHihe nficeiRo he Company sihii within
one the first OF OCTOBER and sixty
the time the E pnieJ 81 e nave been
Issued and during the Er8 iIo q! eel l eSefi Snceen
year cause estimate T. DE- iAde q S2Eh 70 ~ ING FreSi
dent Secretary, Of the htR'ts o. le oo io tue year
ending ncGG,ng 81 slcFS taecea uris the
period einhrKceu ~ s,ei 80 r+,,f LII, 10
Marine hnt l.lFe - sns o. nr nro: s
upon h I sLaj} ,lerelrnr eoch ;neIrS-
mater ,e Of tjn lossas gnxtenEd nv - fn,
with No. oniot IF The nrsT,;,r1s Iv him nni5
Pany according mol Lara xca.d Ihs amant Of s %ra
oul ~ ip Iii orafif iI, tpi tle nnnnt Of aid rr;c
iut, MY ;tt r 10 thereto of tlo nroits nf thn
and also with SnSe ~ VENTS. aud Far hn Oh
Company ~ j.. fnor az ~. ine,rnr hs shall f
hnal tnVu ,ad m the President and Serretar, hon
SedlV coT er cont T,er nrpnr ray,I ~ ,c
ng IN Noyen6e Of each and every year and con.
acQnu st the amount therein named shall be liable
Tor any anu W 7'''9''s ,,,, - -
should person entitled 70 receive sch certificate be
indebted 70 the Company or any E'eiteu 10 nun on
he books aforesaid and shall not rave pd me same at the
time certificate Is eStghtc me company S' lHFe tue right
retain such cert = pLeue lo ie OF the sag
indehtsdness and even u ING sisn tfFe net iSsicd
and delivered y shli aiWay tn N 10 tn nonpay toF
unpaid prenn sueh arose be-
shall be except of the Trustees until such
n6Ai Il nasS