New Orleans daily crescent. [volume] ([New Orleans, La.]) 1851-1866, 1861-02-09

power to appoint others to fiji the vacancies.
the last Monday October election shall hold the
year therefro, until others are qualified to act in
those persons receiving plurality of shall be consider
a se on hs dy the shall an election
be held within ten days after the failure to elect and ha give
notice thereof by advertisement in more OF the newpa
Te q Trustees shall at their ars meeting in
time Of election, exofco members of the Beard and who
The President shall preside "a meetings Of the Board Of
the generally qnds az P q shs
preside such meetings. and shall sign the policies of the Com
IKE Board of Trustees shall fix the
and clerks elected employed by them in the service OF the
TheY Shall invest the profits arising from business
Company in the hereinafter provided for They are
,a%s Fiso sa IF he oaSany and The trsusae
ton affairs provided the does not conflict with the
meaning Of this act of incorporation with the
as n of for are s the and
Company herein provided for and to fill all vacancies
ARTcls following named persons shall cqns
te Of Trustees end are hereby vested with all
The hs ana s Po% eyer SR{f ~, a N co se
5ixoue until others are elected i'll their place
TRUSTEES:
Araadoo Landry, Octave Toorhies, " G. Betterton
". A. Gordon, Theodore Lanaux, Frank Shaw,
AlfTed i'ohonde, g . BslI y 4 Go2Psg
John Candy, T. BordeIois, : hltkman.
l. 1. 4H 4. Chris, & da!arS6s ' Gias ]. Leeds
4. i. -t Grea' /. Boud9asarit, ynlsn. Hermann,
J. T. H B"aaSfa. q T0iH Herr y WI B. I conss
s n9 n Rsrs s4tsy e5s
holding in his the of his firm, certificate
ss sFI3 SGos
and 6 hayS es he s M
psny discharged Inundated hy losses sustained after the
hundred dollars u amount Of The certificate shall reach
h 6e ct to one ant Sa
amount of the certificate shall feaeh me sum o. nXe ahoHsand
90 o T9s ssSn G:
shall been transferred the Or firm claiming
vote within six months prior to such election.
Article Board of FrT5ee9 shall hsge the
eS Da real PS Of Orleans pity Jssr
s 81 lea n5t vice The amount loaned thereon.
Ra in ' b aed s s or Of Ills SAFE this Sf
the s Of loans Of sTeh cash surplus profits on pledge 81
any he Aforesaid securities bonds Or stocks to- so
Te y roi s B
in m ANY ut m%P oe Gi ay e Gff
eFinon the interest Of the COMPANY will thereby be
ARTICLE EIG4r-The officers of the Company SHALL within
one month the first of October eighteen hudredand sixty
Fsed and during the first every succeeding
eH and secetar Of affairs Of the Company Tor year
e9Gns including of effected during
Marine and policies which estimate shall DO conclusive
provided for and shall therenon charge each insurer
with proportions share Of tho Losses sustained by the Com
But II no cae ha such share exceed The q such pre-
minus shall credit him with the amount Of said premiums
COMPANY derived from zesent and for the balance which
h sd signed by the President and Secretary bear
ony s Of eas and every y nn On
any and al subsequent sustained BY The Company
And should any person entitled such certificate be
,td to The Connany Tor any premiums credited to him on
The hooks aforesni and have paid same Mt the
tine The certificate exfgOe he eonany shall have the right
if The shHl have been issued
suv Indebtedness OF pty whom shall have
a o psns Of the certcate and no transfer hereof
And in case any certificate certificates profits shall not
be called for by parties entitled thereto within years
nd he ynnnt thereo with interest accrued thereon
a be pss1 the ss 6 S pc T
In French and English thirty days in two Of the newspapers
W % md The name party entitled 10 the sape
IN sning the said certificates Of profits less than len
hall Ne omitted aud shall placed the OF the Con.
Hngent account Of Company and applied payment
Tbe ctiGceSs shall only transferable on the books of the
| rnn,nnry and with its consent.
'o.o,,",'' NO., NAV, oraon 1ho src,l becor,a ,,
M mnaHv hy etfectng Insurance. therei shall before he
EceT@S JS pm p@oTt 20 pei slaI ncFsr b. y @
trustees flu o ec. nloviteJ in 1s nepi o1 wv a
shall be aho lof pll Lie eSseS w incurred by the
OonlVsh'' ,, - .
exceed The sum of hundred sanddoars the may
Gs nT BE nsT IF eac ye cerees Of ro BY
virtue of the eighth article G g OF one yeaa s
| and oxtingnShod. , ~
meetings. by the Of twohird of tho whole of their
her so nnend This article as to require nceumua
ton Of groG's to An amount OF one million ct dollars before The
shall be appedto the redemption oil certificates as atore
| said. - ,,-.,
the expiration of October 1861 from the Issuing
the first policy and within the hrs month OF every succeeding