New Orleans daily crescent. [volume] ([New Orleans, La.]) 1851-1866, 1866-07-21

SEC They shall continue in Office the second Monday
OF May 1861 until their successors in Office shall have
Board shall take their seats the Monday Of May Of
thereafter the of failure elect at the
FIRST election the first Monday after due election.
ARTICLE SEVENTH
SECTION In all elections the vote shall be by ballot and
stoc shall be Considered duly eeced and IN Tie
smother M e G a Key 9r s s s
days hSreasr 9Rt sys notice q the same az aforesaid
by proxy to ote for each and every hare which he she they
shall be aowedto vote more than two ndred shares in bi4
own name or that of his firm at election tor Directors
ARTICLE EIGHTH.
Section The officers Of the Company shall consist Of
The Board Of Directors shall have employ such
SEGros The Board Of Directors shall at their first meet
President and Vice President who shall hold their Offices
until their successors in Office elected and qualified Other
time and continue likewise in Office until Their
successors are elected and qualified.
NINE.
SECTION The President Of the Company shall sign all poll
and business generally the supervision of the
Board Of Directors in of his absence the Vice PresdenG
ARTICLE TENTH.
sEouoY l. 1t shall be the duty of the President and the
Beard of Directors within month prior to the close Of
each year Of the Company be published in the
sn Tha R5a and tor ne term OF at least
Company, which shall contain
Tying what amount was received for fire. maritime and
The amount of Tossed incurred during the yeer specifying
different kind OF policies.
The amount Of capital stating the portion of the same in
vested in securities and nature thereof
The amount of expenses and earnings of the Com
pany and in what those earnings consist,
ARTICLE ELEVENTH.
SECTION The Company shall make to the assured such
return premiums in cash as the President and Board of D
re tors may deem expedient.
Company The earnings shall be divided among the stock
holders pro rata and be placed credit their
When the the stockholders shall have been fully
paid there shall be issued each stockhoder certificates Of
bends declared by the directors shall be payable to the stock
holders cash at such times ordered by the Board Of D
rectors
This act Of corporation may be modified altered amend
ed or Company dissolved general meeting of
stockholders convened for the purpose after thirty days
notice the French and kngh languages aforesaid
provided for with the assent of hreeourhs
the stock represented at such meeting and any and all such
recorded and published according to law
ARTICLE THIRTEEN.
At the time of the expiration the charter of the Connanv
sooner II ordered by vote Of the Stockholders herein
provided for the affairs said GOmpay shall be uudated
appointed by the Board of Directors and
who shall remain in office until the final liquidation Of tina
affairs OF the Company.
FOURTEEN.
The name respective interests Of the Subscribers to This
act are hereby declared to be as follows towit
Thus done and passed in my Office at the city New Or
of Messrs Frank Seghers au Robeo competent
Witnesses who have hereuno signed their Names together
with said appesreIs and me, notary.
The names OF subscribers original act.
Original signed: T. seghers, P RObelot;
eerty the foregoing to be copy of the original Act
exsans and ofecord in my current register
In faith whereof grant these presents under nv sispatpra