New Orleans daily crescent. [volume] ([New Orleans, La.]) 1851-1866, 1861-01-12

JNSUKANCE,
TIBhEstFER DFc THE LOUISIANA sTATE;
" MUTUAL INSURANCE COMPANY.
STATE OF LOUISIANA, CRY OF NEW ORLEANS.

Be + rga9sfaSetsd that 9 is 5ay # ts
drsd ana x Of tie Independence Of The United States of
America the eizIty-lea,
o6si and sr6rn for be Psris Il sas siste OF iaana,
In the presence OF Tina WITNESSES hereinafter named and
Pafsonsly and appeared parties xhoge
JIG PROVISIONS Of The lew Of the State Of onIsia relative
mated ad agreed and DO By these yeaa agles and
nd Themselves and those bey represent estab an
tie obgsons st6ationa and regulations following tois
ARTICLE FRsrThe aid Company shall be established and
p $Is az rnNb # s9 e sj sGA1E M
ISn On Of about lie rs day Of September 1850 and shall
exist and during t full end and term Of twenty Ave years
from hereof unless determined, provided In
seal sFl be used ny the officers Company having
device the coat Of STATE of Louisiana and for
Inscription the name Of the Company.
oceT apon whom shall be served al ci6s notices oiEer
legal process in wherein tho Company may be inter
ARTICLE sEcosDTe objects and purposes of the Company
Fifso make Insurance on Dwelling Stores and
snef tGg ho sc sla5s pit rs and other
seeoado insurance Vessels Steamboats, Freights
PfoSts BaaE Nos Fill q shanss oheT ssde1sss
debt eoomy and interests ana gfnsEag al ana
land Transporiston Risks.
upon wiieh It shall have made Insurance.
AfrfLI aet are eeIsred to be ii tdia amount # Cd
All which said parties shall on The Organization of The Com
heir snbscrpo and made payable the first Of
etoofr 20 0 to have received he sasae
as and shall be subject
premiums for insurance made by these pattes are to be
pad IN WIZ a 5e1ns hn s n g ba ION h
of the insured until the shall have
No subscriber Of such notes SHALL any event. liable for
losses the s IL amy gdfs seF sum 'h@n the amount mat
And in case at the maturity Of the given aforesaid
premiums paid and hs want Of b the COMPANY sha
All the shall contain stipulation that should
the wants Company require it, the drawer drawers will
Pay IN go9a at IL ali and eyery aisa os ysant
| Of value consideration for the same
ha be exercised By Heard Of trustees and such officers and
cfFS F BIl Sy 5 aH5pee Shall consist of members
Company he elected Except the rat year on the lat
S orleans as lie acting Board shall designate Of Witch
election they will give at least fourteen days previous notice BY
and they shall appoint thee members o The Company 70 pre
inspectors decline fail toattend the President shall
| power to appoint Others 70 FIJI the yacanceS .,,
the last Monday October the election and shall hold the
ysar heresrom until others are qualified to act in
Tho Eeseng plurality Of votes shall be consider
place on he day hed the President shall election
sa w9 ii one or IF he
| pers Published in tnis city - ,o. S.. ,...uo -
ye 4he a aeet@ INV
sa ho heir Office until their successors shah he elected
The President shall preside all meetings Of the Board OF
Trustees Company and shall conduct the business
the Company generally under the on Of the Board
In case Of tie helcc the President the Vice President shall
preside at suel meetings. and shall sign the policies of the Com
| pany. ..--.
The Board of shall fix the compensation OF ell officers
and clerks employed by them in the service of The
| Company.
;onuuy the hereinafter provided for They
hereby with full to frame and adopt such By
laws rules ard regulations they deem necessary
reEisiIe or The Of the Company and the
lion OF its aars provided the does conflict with the
tre intent and meaning this of incorporation with
laws Of State and they shall have full power to do all other
acts necessary carrying effect the objects and purposes
Of the Company herein provided for and ill all vacancies
| ;hat may occur in their number.
ARTICLE F1rTH-Tc following named shall const
te the first Trustees hereby vested with al
The rights specified III the preceding article. They
shall hold their the last Monday in October, eighteen
until others elected in their place