New Orleans daily crescent. [volume] ([New Orleans, La.]) 1851-1866, 1861-02-05

INSURANCE.
CHARTER OF THE LOU ysIAHA STATE
" MUTUAL INSURANCE COMPANY.
STATE OF LOUISIANA, CITY OF JEW ORLEANS.

Bs remembered that this twenty ont day Of the
dred ana sky @nd Of he United States Of
Before me- Edward Barnett Notary Public only commits
for the Psri5ef Orleans, State ri Louisiana
and the of the Witnesses hereinafter e and
and bo Pass s Bss:
the provisions of hs laws Of the State Of onisans rTo TO
naned and agreed BY presents covenant ase
bind themselves those whom they REPRESENT estabHh
the obligations stDnatiOns reguhons following towt
ARTICLE FrasrThe said copang shall os established AID
az MP s " e s & n.y.
ations on or about tho r day ssptsIsbsr 1850 and shall
exist for and during the full end and Of twenty five
Shall be used by the officers Of the Company having for
device of the State of Louisiana for
inscription the name Of the Company.
officer upon shall served all citations notices other
legal process in matters wherein the Company be inter
ARTICLE sEeospThe objects and purposes ofhe Company
FirstTo make Insurance Dwellingaouses sores and
either h d or Sa Fssftgs and other
secoGd@To make Vessels Steamboats, Freghts
Profits Bank Notes Bills Of Exchange and other avdenees q
debt boomr and repondenia interests and all and
every connected with Marine In
upon which it shall have made Insurance. ,..r.-.
names and respective in,sres sso Of the
All which said parties shall on the organization of the Com
o he Subscription and made payable On the st Of
October 1851 for which receipt shall be given by the Presi
dent Of Company acknowledging TO have the
advance and such notes shall be subject to
all the Gle Of capital made nv these nsres ara to be-
paid conformity with the rules and regulations Of the Com
endorsed the of the insured until the shall have
No subscriber Of such notes shall any event. be liable
the Company in larger sum than the amount that
And case at The maturity q the given aforesaid
there shall an s Que sn OF h aej o ns s
require the Of said balance the drawers Of such
shall the right to renew their notes for such
All the aforesaid notes stipulation that should
the wants Of the Company require the drawer drawers will
good faith at maturity the amount that shall appear
| of value consideration for the same.
!; bas ai C. 1
'ls Tss Bo sady Of fniy consist
each S sfh pass II h s city
hsy viii a Is's
adyeFseens two Of the published in said city
side as inspectors such election and should any Of the SAT-
to dsns s
pN Ths Boad Of Trustees shall take their
the last Monday October after the election and shall hold tn
year heefom until others are qualified to act
receiving plurality Of shall be consde
be beId within len days after the failure elect and shall Civ
notice by in one or more of the newspt
p The Board Of Trustees their first meeting in
o seeon be members OF the Board VIII
shall hold their Office until their shall be elected
The President shall preside all meetings of the Board
Trustees Company and shall conduct the business
the Company generally under the supervision OF the Boart
In case Of the absence the President the ha
preside at meetings. and shall sign the policies Of the Con
pany. va, =, :. -, "A. 49,
elected employed by them in the service Of tn
Company. ,-s.- A., x, r 4,
COMPANY in the manner hereinafter provided for. They
hereby invested with n to frame and adopt such b.
laws rules and regulations, they deem necessary
renuse for the Of the Company and the transa
ton of its affairs provided the does not conflict with Il
rne intent and meaning this Of incorporation with II
laws Of this State and they shall have full do all oth
art necessary for carrying effect the objects and ppos
OF the Company provided for and to fill all Tacanc
that may occrr in their number
apTIcE FrTu-The following named persons shall cons
the r Board Trustees and are hereby vested with
The rights and powers specified in the preceding article. The
ha 6ola their seats until Monday in October eightet
bundred and ssty. others elected in their pac