New Orleans daily crescent. [volume] ([New Orleans, La.]) 1851-1866, 1861-01-22

i. INSURANCE.
# sfsAsTTSNa OF THE LOUISIANA aTa MR.
- MUTUAL INSURANCE COMPANY. = t>
sTArR OF LOUISIANA, CRY OF NEW ORLEANS.

oea MD sworn for the Parish Of Orleans State ioaisians
asspsa s a as
provisions Of The laws Of the State Of Louisiana relative to
san!e md and DO these covenant and
copay fu s oas y an establish
lns stipllations and regulations following tow
NJ h aS &c f kas@n sna a ds
{ s r.
On %sSa The a s day Of @ 1880 and shall
unless sooner determined provided
shall DO BY officers Company having for
dssee The Goat Of the State of Louisiana
sse es e Ss Company be the proper
MASTERS hs Company may Be inter-
0''s'' ana purposes the Company
shs Buiaings Household Funitre Merchandise and other
aa los damage
@sss Noas @ " Bullion
d botiory interests and GENERALLY ali and
connected with Marine
us elfto be rensurad against any risk
lsspssuys interests the
f . Ne 3 s shs to es n & Fl
pay forhusess, furnish notes. approved for the
s y y Se nss
@ 20 a s aas bs @
allshs contingencies Of capital
pad wi'a 'fs yaes sesalsleas
q the insured until the same shall have
No sn5scssr u such notes shall in any event be liable for
q hs any larger sum than the amount that
And il case Il ths maturity the given as aforesaid
any Saes due eEeo after o the s
s q said the dr. drawers s q such
fssanoIsr year. ~ - - ~ ''n '""'
Az ts aforesaid notes shall contain stipulation that should
T. 600 faith y maturity the AMOUNT that shall appear TO
OF value or consideration for the same.
the corporate powers Of The Company
cisrks a. hey may sppoint.
The Boad OF Trustees shall consist Of thirty members
K ssss assI ss as Pss i 1Sis
tey win i've fourteen days notice By
II f s "a 's"a a Sal
sss s " !fss e sss si sati %
F = ''. o'n',' are Sa",DSa 70 ACT An
ii md declared day shall cause an election e
az aass e ss sGS sss
ss ETY. .. ,..,o q,
ND d r. wsS o, shall At Rs
sSai ioia tsir ofc eir ha ID elected
The President shal pesge " q, meeass Fl s soasa 81
4 case Of the aesie Of the ffesae te @ Sa
psay. ,.,,sx ,...,,.on,,,;o, - a, oaso..s
employed ~ them in 10 service Of the
$hey shallinvss the from the business Of the
@ 3 hsgsnas[ , poy da as S g Ihsy sr
s srd ~ az Ike S ags and the
sa y Il ] pesdsd he same ess viii he
Ms o s sss s aad taey shall powei
" hs ssns VI TT eTeib provided for and
nary ossar IL thsi5 ngH6sF ,srson, ,. cous
into The t board o Trustees hereby vested with all
H, ne ns on psSsSP o. sf' rsS
and until others are elected in their place
#s#}. S ontaa. " voarhiss " G. pet,erton
Gordon Thsod sd,i LHnauz' we" G6o Sarw'
Alfred Dohonds z 4 io Beii, = t IoGPa
j. Lapsae, p z Logan, l f Rotffh,Io s1is
Il II. Robert I'm. Washer, J. I. G. M ,;L.
A Al a. s fls a. Kent, ssin Pug,
u B. Matfsoa, ]. zoily, %n / o 4,-
sr,ry xTasyery person whe shall hereafter insure
e ns se h th lie S %
credit omPany to be Issued e herein
s M ssi Have he sht a
no discharged qudaed by losses sustained after til
shall a ss He n se 81 he ese s Tor TfS
a 81 Sa S9 Il tsousn deaF
b. emsi 9ee acne S sa GG ge f6
aSisrs WIEN thousand dollars more shall be sns
TO sSe s PsIsS% or firm claiming
yos within ~ months prior 70 saGu :, o
80 Fo lime 10 time e-half of the profits Of III
sn,ra III ioanN secured by improved and
i 4, F, case the property rnortgaged shall
~ tisss; tvtire ths amount loaned thereon.
-, alan invest The cash surplus profits of the Con
~ 81 @ sss '2fs' ssss% 8
1 loans Of suck cash surplus profits on pledge
s es,S ii fhe Aforesaid securities bonds stocks.
he onpuy may hold real estate to m amount not eEceet
II i'll net profits the Board of Trustees
shsss i addition any property WHICH may have bee
81 10 The Company forced sale of the same
the interest Of the Company Will thereby
-o, or should require suck purchase to save 1t from los
s,,ru The officers of the Company shall with
MI. II Cntnber eighteen hund ed and six
r1ontk ~ ~ ,ic ~ Insurance sbali have het
one rom Si the @ nnnh of each and avery sIcceellr
issued and ne y ~ nea ii sworn In v be Pres
2 year cAs an M rs oT tbe F6mnanv for The vel
dent anu statement of nsuNnces effected during Ii
Psfa9a nS Riyer poices winch shall conclus
49, entitled receive certificates of profits rs her
provided for and shall thereupon charge eac sllr
% ouorionsI share Of the losses sustained by the Cor
afeordng the amount of the premiums by nm pal
but shall hpeh snare VIC MI T.; @ T.,
ma 1s with share in proportion thereto of the profits Of
Investments; and Tor the balance viii
iaa Il signed the President and Secretary beg
mn interest the rate Of cent per annm payable on
ec9 ost lint be amount named shall be Iiat
avs 49, an, reso, emit lied to receive such certificate
Alu % atnnany Tor any premiums credited him
" saaS,;d and shall not paid the
h exigibe the company shall the
Time VIZ IL pledge for
@ vcn if the certificate shall have been isl
shali always remain liable Company
indebtedness of the party 70 "hcIn Snail tSc neeh uei
fore or ts 81 The ontion Of Tie Trustees until SD
snal ~ @ sha have entirely extinguhed
hall,