New Orleans daily crescent. [volume] ([New Orleans, La.]) 1851-1866, 1861-03-09
INSURANCE.
fTk5AKTsR OF THE LOUISIANA STATE
" MUTUAL INSURANCE C.fIMPhNY - =
STATE OF LOUISIANA, CITY OF NEW ORLEANS.

BE Il remembered that on this day Of this
dred sixty and Independence Of The United ststss Ct
Before me- EDWARD Barnett Notary Public Only commits,
stoned and for the Parish Of Orleans State 81 oaisiana
end sqaas s presence of the witnesses hereinafter named
r9d ss sRs1,ssd
the provisions Of the laws Of the State Of Louisiana relative
agreed and do BY these presents sud
bind themselves and those whom they represent 10 estabs an
the essos and rsgations n folfowg shasF
AKT1GLE F'ssrThs sad Company shall esabshea and
Il hs s re GoMS # e s sTATh 1
5at9p on Or sbon. s rst day ofseptem 1850 and shall
from me DATE hereo unless sooner determined provided in
sss he q Ss ss &
FL sg Is e O. efe M
officer whom shall be serred al citations o. other
s ssSs process in matters the company may be inter
ARTICLE sEcosphe objects purposes Of the Company
Firs-e make Insurance Dwelling houses Stores and
property against loss Or damage By FIRE. ,.,.--
Good wares Merchsndise, specie Bullion contnsaons
PFoSts Notes, Bills p ESshange and other evidences
Insurance. connected with Marine In
The COMPANY may be reisured any risk
upon which il shall have made Insurance.
parties 70 Ibis are decae to Be total amount
pany business furnish their notes, we'll approved the
Of IN he and made payable on The Fs q
dent Of The Company have received the same
premiums nads sy these parties be
pany and the amount Of such premiums when paid shall be
No subscriber Of such notes shall event liable for
losses OF the Company in larger than the
And in case at the maturity Of the notes given as aforesaid
there shall balance due thereon the endorse
ment Of premiums paid and The wants Of the Company shall
shall have the right to their notes for such balance
All the Aforesaid shall contain stipulation that should
the wants Of the Company require H. the drawer drawers will
&c their note waving all and every plea IF want
of value or consideration for the same.
shall be Exercised By board Of astss and such oseIs and
Tie Board Of Trustees shall consist thirty members
Of the Company he elected Except the first year the
NeR oeans is Re aen Boa da Rs VII h
hsy vii ys Of s IN nsf S
and they shall appoint three members Of the Company
Inspectors decline M e attend the President shall have
The Board Of Trustees elected shall their seats on
the last Monday in October after the election and shall hold the
she e year arc to set in
ed s ss
a6 S h day hded hs e I q an and e lett t.
notice thereof by in of the newpa
The Board q shall at their first meeting in every
e FLEET n snd d e Teo oa, sail d at h the
shall hold their office until their shall be elected.
@ m neese hs
Company generally under the supervision the Board
Of the President the Vice
preside such meetings. and shall the policies of the Com
pany.
The Trustees shall fix the compensation all
elected employed by them in the service Of the
Company.
the profits arising from the business of the
Company the hereinafter provided for They
hereby with full to frame and adopt such
laws regulations they deem necessary and
requisite for the Of the Company and the
affairs provided the does conflict with
and meaning Of this act of with the
they shall have full do all
necessary carrying effect the objects and purposes
of the Company herein provided for and FILL all
that in their number.
ARTICLE FIFrHThe following named persons shall eonsti
Board Of Trustees and hereby vested with all
rights powers specified in The preceding article They
shall their until the last Monday iii October eighteen
hundred until others elected in their