New Orleans daily crescent. [volume] ([New Orleans, La.]) 1851-1866, 1861-02-13

Amadeo Landry, Octave VOORHEES,, G. B Rf
Htsd Dobonde' G{ Ro Bsl; y Y R fSGRRa5s
1 /: f 4. aa9t 8: day&2os, qh9s, i; Tssds,
( \ + t Gsa y sS9 J HSsFH'ann
T SSnnssn ~ 5o Herr WI " B. F Gaagsr.
to insure viz e GaBy
holding in his Ha Or c te to issued az hes
Of ereS I'D s for Shall be deemed Of the Company
sT4 hsy eh 'es fE
a a6s the 10 n oT
hundred dollars until The amount OF the certificate snail reach
dnars more shall be entitled additional vote, until the
% ot te EACH one housand dollars entitled
o ons additional Provided however that such certificates
I yo,e vii 1y six months prior such election.
9 c to B n S ha the
Company loans secured BY e on an n en
the poget tEs,a mStGaged shall be worth
y may also invest surplus profits the Com
bonds or 6 ae or S o bs 9e eg
and may make of such cash Or surplus profits on pledge of
lie hold 1 5s1 estate to q Po o mot exceed E
PPnel to The Company forced sale of if
or require suck purchase to save from loss
ARTICLE officers of the Company shall within
one the 9rst policy Of sn shall have been
issued and during e ny wade AID sworn 70 Nv he Pre
en and Secretary the affairs of the Company for the
Ir nrluiiue statement of assurances effected during the
period embraced in such estimate DISTINGUISHING between Fire
@ III entitled receive certificates of profits
FIJI and ossas S"fR Rd Coe
pany according the amount OF ne premiums by him paid
hut m no and S, shnii credit him amount premiums
also with s in @ for or the e bpepce %e
shall then appear be in favor Of the he shall be emit
the per IF eath %n eTeTq Te as on he
therein
M any md ali losses sustained by the Company
And eT Gonnny for any premiums Credited him
4n mot snys PRa a he s%s b at 4
Retain cecae ped for b. IaTa of the Hf
and delivered it shall always remain liable to the Company fol-
nT G 9 p weer such be
fore the issuing Of the certificate and no transfer thereC
s av at 5s s se until S'
An @ ne prss hee
om the their then the S same shall be Cancelled
and the s the crs w Of the
f r 9sS spG a. aR o @
nuhIisbeG in this city, which notice shall set fort" the
of tnE n he said cer,caes Of profits than
d aa s omi.ted and sha placed credit Con
tneeu account Of the Company md "PPed to the payen
rho certificates only be transferable the books of tn
s Company, and with its consent
d Of ths Company by efec,ing therein a before
Trustees tic paid shah never ne, be w!6rG
from Company eYce: as provided N Inc next article b.
le Comuany. ~
met se
ereer be employ from year to the redemption
h0e or perib Sc but the certificates Of one sa
not be until those Of all the preceding years are pal
The Board Trustees however at any Of their annu
meetings, by the vote Of OF the whole Of their nun
amend this s da # to re n an hsSo Y
appedto the redemption Of certificates AS afor
I'd Article E1rvENrHon day in the first month aft
the rst policy within the first month Of susceedr
year. oces Of the Company shall cause to be made nnd
Statement Of the affairs Company which shall contain
.nfnd separately the
icies on Marine Policies and on River or Inland Navigate
or amount of the expense of the Company dur
amount of incurred during the year. dist
gushing between Fire Risks Marine Risks and INLAND Trar
FouTh"The balance remaining with the Company, sett
forth the of cash on hand and the amount invested
81 .ecnrties and the nature OF such securities
RT TwELrT@The Stockholders Of the Company,
% to be IN hS
sa the power any changes additions or moicaons
ali Tic represented at such meeting shall v.
change addition dissolution shall be recorded as required
ARTICLE THrRrEENrH.At the expiration Of the term Of t
act incorporation, its earlier termination provided
M article twelfth three shall be appointed BY
the Company shall be iquidGted its debts aHd liabilities
end the Ssanff m pro e rp
the SAME Commissioners shall continue until
the and in rnabig of ether the survivor ale
ARTICLE FouErrEyru-ru addition to their share of pro
in the business the Company the original subscribers 81
be entitled 10 receive first year special interest Of eli
per cent of premiums credited on their sgbsc
lion notes which interest shall from the dates
credits until the first day Of October eighteen hundreds
siEy-one. ~, ,. - >,,, f,o
aforesaid in the presence Of Marcel T. Ducros and Anto
Conand witnesses OF f%luI W. ber ,th he said anesr