New Orleans daily crescent. [volume] ([New Orleans, La.]) 1851-1866, 1861-03-14
INSURANCE..
fNaARTE1R OF THE LOUISIANA STATH
~ MUTUAL INSURANCE COMPANY. 800
STATE OF LOUISIANA, CRY OF NEW ORLEANS.

Re 1t remembered that on this twenty day of the
month of july in the yearof our Lord thousand eg hun
America tic srty -Gh u Inc United States OF
e"ro me- Ed"s &C arpet N9t9ry Public duly commits
and in the presence of thu witnesses hereinafter Banned and
Personally came Hnd apegred the parties whose names are
hereunt2 subscrhad who declared that awaiting Themselves Of
the organization of CORPORATIONS in this State they had cove
bind Themselves md those whom hey represent 10 esbis an
M G9mPay far the objects and PURPOSES and
located in the city of New Orleans shall be known and de-
s aS Z 5 e3m SnATE M
exist for and dn"g the end and of i9 sa r
from he dae hereof unless sooner determined provided
zeal shall be used by the officers Company having for
device the coat of arms the State of Louana
The President scretay Of the DO the proper
eFa process in matters wherein the Company be
ARTICLE 9EcospThe objects and purposes Company
other Buildings Household Furniture Merchandise and other
ns ohs S or 1@n"ES 1 fire.
Goods MAres Merchandise Specie, Bullion Commissions,
debt bottonry and respondent Interests and generally ali and
every to or connected with Marine In.
The Gowpn cause itsefo bereusured against any risk
upon which i shall have made Insurance.
parties to this net are declared to be in total of SOL m
All which said parties shall, the organization of the Com
for business furnish their notes. well approved for the
October 85i for Which receipt a Be given by the Pfcs
dent of the Company acknowledging to nye received the same
ali al G he of ana "Ocn notes shall" De subject
Al premiums for insurance made by these parties be
paid in conformity with the rules and regulations
pany and the amount Of such premiums when paid Sha! be
endorsed The of tho insured until the shall have
subscriber suck shall any event. be liable for
losses of the Company in any larger sum than the that
may be due on such note or notes
there shall remain any balance due thereon after the endorse
n M @ Of sid be the ' fwgP S s snc
notes shall have the right to their notes for such balance
All the aforesaid notes shall contain stipulation that should
pay good aith maturity the amount that shall appear
Of value consideration for the
ARTICLE F0URru.A the corporate powers the Company
shall be by oard Of Trustees and such and
The Board Of Trustees shall consist of thirty members
Monday IN Fcsber IN eaeh ysar It such pse IN the city Of
New Orleans rs NE .e,ns Board shall designate; Of witch
s'Ss9R ,sS S 4SS @ S % %sf
ed they sh" appont rse members Of hg Company p
Inspectors decline fail to attend the President shall have
p?TeF t. apgo9iT o,heFs to MI The a yns4"Gis
the Iest %n6ay in 0%1be Alter lie election and XIII Go
hercfron until others qualified in
Those receiving plurality Of yote shalt be consider
place s day Eed he Pssiet a4l cause an election to
notes thereof by advertisement, in of the nespa
The Hoard Of Trustees hal at iher first meeting in every
yeAr, elect PRECEDENT nHd WIG shall at the
shall hold their Office mill ieir scGeso1s shall he elected
Trustees Of Company shall condnc he business Of
p ny EnS@ fS[ nG I ven q nG b9frd
preside nt such meetings. aud shall sign the policies of the Com
Tie Board of Trustees shall compensation of all officers
and clerks elected employed by hem in the service Of the
They Shall invest profits arising from business of the
hercby iyeed viii iii power 10 frame and adopt such BY
Laws rns and regulations ,hey may deem necessary aid
SON Of its affairs provided ne same does not conflict with ha