New Orleans daily crescent. [volume] ([New Orleans, La.]) 1851-1866, 1866-06-28

5rIJ To5 j ~ gaI sAaLe ~ such ter0d as may be
aL I ~ ~ eCtoIs ana thlFty days notice in the
daily in te rity Of Ns 7Ir ~ 1J he"epapeFs pnDshed
payments 70 be made which said capital Stock Of ree rn
One Million Five Hundred Thousand Dollars as hefepseT
PFo'idedtor
FOURTH. ....
by Board u Directors composed OF niRetsen t
be elected the first Monday in January of each a.
@ N i SSp%ny Notices OF sqcn elections shall be given
IT. g[ zen aays mme lately preceding sad election
Tie Board sba art ibsusges Us aooye provided for
~ sieG93s a9d any of said inspectors decline
steai RE Bos% tins td appoint 9taeFs 70 act in Their
Monday month January eaeS YEAR and to OH ba ne
led and ogai OF until their successors are cleo
The frst Board of Directors eba1 co,s..4 - a.,
stockholders who shall remain office until the 6rst Monda
j. A. MattesoD. sarre1p
| John NcGIinn1Is 7. nos nos a; 5immons,
EdRaTd Rigna3? ''' lanes Th Bfg y 47,
II. II. Stanley, H 4 WbcelocE "
| George ", Manson, n H. Thomas,
| a y 4MIgGilnnls, W. p Kellogg,
y A Eager Charles E. Slayback,
b. L. mann.
SIXTH
In ali elections the vote st,a1, no h. hail..
E n9e scsyag ds plurality Of votes Of The sockoe pre-
election ainG c an eeS f ana N the event Of no
another election to take place within ten
aud give notice o. the same as aforesaid.
n..,....,,.,,. SEVENTH
ms III % aG Every snare which he she or they
or company
in ninety days prior to said election. "l'-
EIGHTH
elac % e nouer seTip shal be entitled 70 vote at all
holders Company and be entitled to one & oe
and hundred dollars Of scrip provided that individual
% 6 Of company shall be entitled to number
Erred to Kim G 6 d No Pe9q sh2 vote on any scrip trans
NINTH.
In the yearly dfvdenos tn he daclsr.d h s,d ,, Il,
them during Ike and @ he paid BY
'"''l-@' ''''> 1Sl~ " 'N'D4 -
up. ,s,u,, -. .,,.,, Tenth I,
tTentyhvs per cent Of their premiums shall forfeit to the
9eT insured ana stockholders all their rights in profits Of
the Company.
den entitled to receive ceracata of po n 94g 9
per cent interest which certificates shall signed by the
should the losses of Company in any year exceed the pre-
NUNS and consume the reserve funds the whole or any
part OF the capital paid in said certificates shall reduced So
'' 10 make Ro0o the deficiency
,,,.u..aoo.. .,,a,, l.. , ITALfrH.
no Cerncae sha be issued for the fractional part sums
even Tens Of Dollars for any less than ten
qoat o9t gu such fractional parts of sums and less
The Comnanv hirS sba G 70 sne tohthgent account of
Of the STOCKHOLDERS and so soon as te sun P Ie
hereby created shall Three Hundred and SeyeS i've
the stockhoders IN popp "tnuf bS be died
THrRTEFvrH
The stochboI5ers sI all he roid +ha;r ,;.s,, ,. 49,,
to be then paid shall not eSceed len OUT
placed the credit unpaid p o int p42Hfe shall be
paid in full
r,..p.-,.,r,...-.
Inc Board OF Directors shall at their first meeting in every
President who shall bnlG n az iesiuehl and vice
elected "-'-' 'De' successors are
FIFTEENTH
No ,o. a., ,,
No person sh De capable Of being Director of said Com
pany VINO does not at the time OF his election during his
mercia hnTe oT viii he M, b " ~! nAU OF the Com
shares of tine stock Of said Company. " '''' 1'''
srxrPrYrE
nh 1.5 = r,,-..9 -, -, n
BoaTq OF Directors shall have the power to appoint
9Ce cfks ana employees az shall be necessary Tor the
1ng OF the business SAID Company Ordain such
es ana as they may deem necessary for gov
M o. al provided the same shall conflict
We laws u lAls otate or the true intent and meaning OF
'Ns act
They shall fix the compensation of the officers clarks en
employees elected employed by them in the serv Of the
Company and shall also have power fill ali vacancies b
may occur N their number or in the Presidency ~ ""
SEVENTEENTH.
tn 7qha OF nFec9rs shs h&ye power to invest from time