New Orleans daily crescent., 1866-08-17

SECTION The first Board of Directors shall consist of the
fol- owing ttockholders, to.Tit
George G. Garner. y John G. rarham.
1 Y H. Esirchild il < q, Roach,
}sha j. 4 ). SlsSn Adans j j Ro5sF y 4f'14Sd adams
5 Charles " Eewton Il n ]. ThaTton.
% ". Il Hsnnon, e +. A 8 % YorEe.
70 A. " Bosworsh. Is Edgar Steel
l3 j. Copes.
SEC They shall continue in office until second Monday
of May 1861 untl their in office shall have been
Board shall take their seats the second Monday Of May o
first election on the first Monday after due election.
ARTICLE SEVENTH
SECTION all elections the aha be by ballot and
Sss SSfDs @ e @
@ oTS 6g esS On to s as Kay S s g
says thsreaeL AMI gys notice & q the same es ao[ead
respectively hold Provided that individual Em
name or that Of his firm at an election Tor Directors Of
the Company.
SECTION The officers of the Company shall consist of
President such other officers the Board
The Board Of Directors shall have power employ such
clerks and employees as are necessary to conduct the business
SECTION The Board of Directors Sha at their frat
rs SSs and ys o sSo S ho Se Sces
until in Office elected and qualified Other
determined according the bylaws be elected
the time and to continue likewise in Office until their
SUCCESSORS are elected ana qualue1
ARTICLE
SECTION President the Company shall sign all poll
preside all meetings Of the Board he shall conduct
Board Of Directors in of his absence the
shall act in hisstead' .errorr rus,u
sEorIoK l. 1t shall be the duty Of the President
of Directors within month prior TO the close OF
f5n ana q English and ior the at
month"; u statement under OATH of the business of the
l. The premiums received during the year spec
flying what amount was received for hre maritime and river
The amount Tossed during the year specyng
The amount Of capital stating the portion of the same
vested in securities anu Il 9 nature thereof
fhe amount Of expenses and net earnings OF the Com
ARTICLE ELEVENTH.
SECTION l. The Company shall make the assured
premiums in cash the President and Board of Di
2 Aer paying al Losses and incidental to The
holders pro rata and be placed credit their stock
| until the same shall become fully lqgdated
paid there shall be issued to each stoholder certificates
dnds declared by The directors shall be payable to the stock
holders cash. at such times ordered by the Board of Di
ARTICLE TWELVE.
This act Of corporation may modified altered
gF ths said 0S@psDy M a" s @espg Of a
notice in the French aud English anguages IS aforesaid
the stock represented AZ such meetng and any and all Suc
notifications alterations amendments or dissolution shall be
| recorded and Published according to law.
ARTICLE
At the Of the expiration Of the charter Of the Company
sooner if ordered by of the Stockholders hereiI
provided for Ihe affairs af said C0mpay shall be iQuidated
debts paid under The charge and 4lpernteqdsnce of the
be appointed by the Board Of Directors aRt
shall remain office unti the final liquidation Of the
affairs of the Company.
AETICLE FOURTEEN.
and respective interests of the Subscribers e this
act hereby declared to be rs follows, to.wit;
Thus dcne and passed in office, the city Of New Or
leans the day month and st above written in
ef Messr Frank Seshers and Paul Robeot cmpeen
with snid appearers and me, notary,
The names OF subscribers original act,
RoBT. ]. KER, N. P.