New Orleans daily crescent. [volume] ([New Orleans, La.]) 1851-1866, 1861-01-04


side inspectors such election aud should any Of the lid
Inspectors decline fail attend the President shall have
The Bosid Of Tnsscs thu elected ha take their seats on
Monday in October after the election and shall The
year herelrom until others qualified in
THOSE persons receiving plurality of shall consider
ed and deGssd dy s4 i In s OF no eeeiGn taking
notice thereof by in one more of the newpa
The ossd e sa at hs first msep
time Of election be cxoco members Of the Board
shall hold their Office until their successors shall be elected
ret 3 Of m c and n eo"dc The nesa
IN tie :ence the reseH the Vice Pre6ent a
preside such meetings. and shall sign the policies of the Com
TIE Board shall fix the compensation officers
and clerks elected employed by them in the service of the
riley Shall profits arising the business of the
herrby Invested with m power frame and adopt such BY
% IF The cos and pe 5hs ns ana
ton Of its ars provided the does conflict the
ss 8f 'ss " 81 Or ter
u the Company not provided for and 10 ill all vseapees
that may occurin their number:
tne the first Board Of Trustees and hereby vested with all
t En a n fi bs Wob scG nT They
hundred and xyone until others elected in their
BOARD TRUSTEEs
Auadoo Landry, Octave VOORHEES,, ". G. Beterton,
w.. A. G 6o. 3hJo4 RG Annuz' EF"Gh Shaw
John Candy, E. L;ordelois, F. Hickman,
l. fP iiSs lGGs" Chs so, j. Essdy
A. d. Grief, J.. Boudolhquid, Nolen. Hermann,
Theodore Fros WA, Kent, yagin PUG,
J. Z + H Hsnnsfsn 81 7ohIE Her, " WI l. cone:r
and continue viii Company and every person
on s Of tie CoPan be hefen
s ss h The h Re see ID or o" the
elections each certificate Of credit the books Com
eo o sF hs
hnndsa G e n the 3 Of an h s s Snp eHc
dollars shall be entitled one additional vote, until the
dollars when each thousand dollars Shall be entitled
TO additional vote Provided that such certificates
within six months prior to such election.
6 e s of e e h 1 sg 1 the
p % @ p Of s1 and
son and in SGs the m9gaged shall be worth
They nay invest the cash surplus profits of the Com
pany the purchase any bonds Or stocks created by
and make loans Of such cash or surplus profits pledge Of
t SP 1 s aH amount not exceed
Ing oneourh of is net profits but the Board of Trustees may
10 Uni ero Of 1 Gen s"y OF e @m IL in
pronoed or should require srcE purchase to save from o oe
ARTICLE EGHrH.The officers of the Company shall within
enc month M @ Rs t oSs IF ese Hd sky
issued and during the first month OF each and every succeeding
dent and Secretary of the affairs of the Company or year
period embraced in such estimate DISTINGUISHING between Fire
Mnrue mud River policies winch estimate shall be conclusive
nrer provided or and shall hercnpon change o0ch insurer
paG1 10 e 9 Of lie pem By B hm G D9
but in sll srch share eIcetd the Of such pre-
and al5o yiih rc in poporiioa heco Of the profits Of a
Company derived from inyesmens and for the balance which
tied certificate signed by the President Secretary bear
ssdnG Monday IN November Of ec and every ye and cone one
3 al @ SS otse pT Se n @ 0o
Aud should any person entitled 10 receive such certificate
Inc books aforesaid and shall have pni he same at the
time The cercatg j. eNhe The company shalt have e right
and even If the certificate shall have issued
any Indebtedness Of the party whom shall have been dely
cred for unpaid premiums weiher such Indebtedness be-
h9l be made sIGs at tine op?n Of The T;tees until such
And Any cs5cac fef'igcales PROFITS shall not
s"s for BY The P rs" entitled ,d erso Tn three
and e amount e ere wh al the Interest accrued thereon
the books Of the Company after public notice. by advertisement
Rs and Ensh T h no s two St Of the
the certificate and the n,me of The party entitled the
dollars and fractional parts even tens OF dollars
shall omitted and shall be placed to the credit the Con
of he and cGr a Of f. the @
Company and with its consent.
ARTICLE NlSrH-Eysry person who shall become member
policy pay the that shall cerinned by tic
Trustees and the amount paid shall be Withdrawn
the Company except provided in the article hut
shall be liable for all the losses and expenses BY The
Company.
exceed the of five hundred thousand dollars, may
wHoie or in part If each years Certificates Of po ssd n
of the eighth article but the certificates year shall
be until those of all the preceding paid
meen by The vote Of the WRo me e rpn"a
bcr alter and amend this article require aceumua
Shall be applied the redemption certificates as afore
ARTICLE ELEyENrnon some day the first month after
the expiration of the first of October 1861 from issuing Of
year The onces of the Company shall made under
s OF he i e t" S a
FirsThe amount Of premiums received during the year Just
eies Policies River or Inland Navigation
secondThe of the expense the Company during
R Rs and de
Fourl-The balance remaining with the Company, setting
forth the amount of cash on hand and the amount invested in
%R1s an s na s the
me x to he for ST.
he power make any changes additions modhcaons in
ovs Of tue vote at such meg sha yoe
change addition dissolution shall be as required
Article TnRTEENTHAtt the expiration of the term of this
article twelfth three Commissioners shall be appointed by the
he Company shall Be qisted debts and s5ies paid
jon o ' a d GsaegRn
If dates the Comnsoners shall continue until the
md in of the death inability either the survives alone
ARTICLE addition to their share of profits
the business Of the Company the original subscribers shall
er cent on te amount Of premiums credited on their sbcrip
ion notes which interest shall rn from the average dates
Thus done and passed in office in the city of New Orleans
onand witnesses Of lawful and domei9ted in said city,
nd said notary on the day and date set forth the caption
Original signed-Braud { Landry Harris Bercier 4 Co.
GLOVES Co.. Foley Avery Co., J. N. Robert Co.'S and