New Orleans daily crescent. [volume] ([New Orleans, La.]) 1851-1866, 1861-03-05
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INSURANCE.
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" MUTUAL INSURANCE f1MPINVA 4at'<1 71kA1H II
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Assriea he seby-grb ''.@s' . 'n' ohl'sd States O
sfPs nd re sd Ea" s t Bsr 4 FSs9y
and tn tho presence of tn" witnesses hereinafter
rs2.a ss1 nd a PR sz,s s Pa,s
the p%s7fssTss Of he ss Of he s.e Of fnIsa i've q
the organization of corporations IT. tits State, they rs
nd and those Whom n' rspeset 70 esta %
ne ss and %p}sss 70 pSs aaS
ARTICLE rRsr.The said Company shall established end
located n tbs city d Ney Orleans and sa be knoga End
FG GoMP9S9 4 s easnes IL
On e @ IT. ff s ay and s grs 3 ns ss
trsm the date heroof urfesS deer provided
hssa!s i, be ased By he ssers for
inscrpIion the narnn Of the Company, "
Officer pon whom taEte served ali eitations n9
legal in matters wherein the Company zy be inter
Article sEcoSpThe offsets aud purposes Company
First make EnsTance Dwelling houses stores and
sther Butlngs Honsstsld furniture other
seeoIdro make IpsuIsnesen Vessels
BanE Soss @ q E s b sd oer
deb. Rotioar and and all and
land Transportation Risks. - -
upon which It s4a have made iassrnnee f''N
pas q hs are dedas s h 5
All when sal, parties sna, eae of the Con
saognt Of ,oir sa6,erp.ion and payable a. i
3 dsas Of he Sr g s given By The r
as for premiums "a I'D and s notes shall be subject
AZ premiums for is.gncs made by these parties
pany and the unto:l Of such premiums when paid shall i,
endorsed the of the insured until the shall
No subscriber Of suck notes shall asy event be liable for
may be due on sleh tote or notes SIG S''''i' sH'
Ard in At the maturity 2f the notes given Aforesaid
m ME- Of m ps LII III q IN s shall
notes shall have the sto renew their notes for such balance
All The aforesaid shall stipulation that should
The wants Of the Company require H. tie dver drawers will
e on bis or their no TSin ali and every plea e. b
Of value Or consideration for the
ARTICLE FouRTH-All corporate powers of the COMPANY
SHALL he exercised BY Board Trustees officers and
'F Ths d Of Ty aaeen consist of hes members
Company, elected toscept the year the lat
Ns% oeaas a the Bosr b Rs 10 hs S as e
ssg E e IN ad e y
AND they shall appoint three members the Company
INSPECTORS decline or fail to The President shall have
re Boad Tpssss thus Elected sa tae their seats on
the last Monday in October after the eeetion and shall hold the
sb,s Gas year or until others are qualified to act in
ss In Ss 9skn
PaSs on the day zed the rfssnt se cause election
uotics thereof by dverisaen in nesps
The Board & Trustees shall at their frst meeting every
a Is p 81 R md nsnsP d ,6 To sa s The
shall '9d their Office until Their snGeessors shall 10 elected
freSident peSide meetings the Board
the Company shall business of
the generally, under the of
the Of the President the Vice shall
preside such meetings. and shall sign the policies of the
psny
Te shall fix the compensation all officers
and elected employed by them in the service of the
Company.
They invest the profa arising from the business the
Company in the hereinafter provided for. They
hereby with al to frame and adopt such BY
requss government of the Company and transac
~ affairs provided the does conflict
intent and meaning of this act of incorporation with
laws of this State and they do all other
carrying objects prposes
Company herein vacancies
that occur in their nuInber.
ANs1cLE FlFrH-The following named persons shall eons
Board of Trustees aud hereby with
rights powers specified in the preceding They
their until the last Monday in October eighteen
hua,red and sxtyone their place