New Orleans Republican. [volume] (New Orleans, La) 1867-1878, 1868-08-23

D1,sa-
Insurance, and to do all acts relative Ia Ihes 10
suiance IN accordance with the terms and saa
ons hereinafter .h specified. The Assooiatiobp
lave Tue right 10 reinsu'e in other conn.,
It's own benefit. N~PehSe' aaa
ARTICLE III.
All administrative powers of this A,,...
shall be vested in twenty Directors az aSssoeat
shail form Quorum. aud such Other oasoSS,aai
SoIdS sb sS efsS may f appont The Director,
Gay on their appointment or election ne "
ing persons shall constitute the first Board y
Ieetofs, ana shall hold office Tor the ,err y "
years noq the ir-t day Of A gust Is6s 'eIm Of X
J DIN N E4 nh1iDs;oy We. MOUNT,
h. ZUBERBIEk WH MCrT n q,
| y. Marks. O cav Rn Iti'OCH
X +. sOHMIDT, WIN. CKFSWy
w COOPER, III IL Y Fl IN 49,
| W. n PIKE, AhTtICA " Nl.AY,
DAVID MCCOARD, PArHigK ShhmnB0l
| l. o. ULblELD JoHN ~ SINNmiN
| GERARD STITH " ~ Nj n S,itNHHOIP,
In the event OF a vacancy IN the Rsnr5 =, r
| VIE, 1ccasloned by the decease or res,enatioDu
mem so Of or or OTHERWISE before the expIarIop ~
| term OF ms appointment such vacancy shsii ~
pled by the elect,n Of a fit am proIssr Ian "
the remainder Of the Board. The Board ~ Sa
2rs shsll az their first meeting elect Pr es IN
Vice resident, Secretary and T,rss a.,
shall also elect such other otoi Rs as 11av e. r.
the ssoca ION 70 TIM Tg p 70 carry on thg businS
o. the Board OF Directors and presde Al All ia.a
oI tne Board, and at the meetings. OF the polirsSS
1 fhnlM
ness Of the Association generally under ~ ~ tle
ION oil the Board of Directors Ne 'upsr
| :, me vice President shall be a rper,bar :.
Board OF Directors and sh Al preside 81 th eI y
aforesaid in the absence Of the pTesiSorttu cue nset
ap Ts sign the policies Of the Association,
Inc Secretary and Treasurer Hrd ~.
employes as the Pre- ldent shall direct IN n
sSn nDd 1 upon the discharge Of Their datie.
duties. ''''''iui u'Sonafse Of
ARTICLEIv.
Each person admitted a member of this l...
tion snail pay into the reasury il between NV hs'
| OF sixteen ubi and thirty 80 Years inrln5-s
sum or len Dollars between the ages NJ WE
all ano Iorty liOl ears inc usive, Fifteen DSis,
Snc grn me ISes OIL t3rt one 4 and fifty G r.
NIFTY one t5p and sixty CO. years incinsivs ~ Ts es
nve Doliars, winch sum shall entiJle the p,l,s =
ms PAID TO q life Insurance policy which sb,,1 III
title the poicy-holde to sum eoyai r. 6r au1 "
for each enrolled member on the books Of tba
@ No. aI 3ue uate OF ms or her death payable
or hef legai present atiye OF ASSIGNEE within
| days alter the receipt OF a curt1fiej evids,s
death OF the pocy.holder Rnt in ny, 'u s II
| amount paia on SAID policy exceed Five TbnssN
I Dollars Whenever the number OF I,is1bsr y-S m
| exceed FIVE fhoasand, the contribution Of Al IL
| members exceeding Five Thousand Dollars sb,BR
| set apart as separate fund, and ON IN. dscs,aa
any pocJ holder thereafter and % lonl qs 80
| I,pI'ioa exceeds rive Thousand Dollars, the Al
| SSnul pe appropriated pro rata tor the purpoaN
| diminishing SAID contribution or assessment III
| sald dlmnutlon shall be tae anne tor each ma YIN
| member of the Association.
| On the notlhcation Of death of any policy ho ~
70 the ON. ers q the Association accompsnisd Z
Certlhcate fully setting forth the facts NM AL
ed by the attending pu ysiciau or iurS ~ i,,a.
/ assessment shall be made upon gaeh I,Gl,EaS NJ
| loI a un NOT 70 exceed one dollar and twentY#
cents, which i5 payable at the Office OF the hsto{
tion within thirty days aft notification TbsH
ure 70 pay TINS assessment within the above ME-
lule on ne part Of any policy holder shall oDersA
Forfeiture Of his or her policy and Inc iSye ~ n
delinquent shall be erased from the book al ia II
soelAtlon uhless sufficient reasons are given. To-
submitted o and determined upon Nv M P,a.s4
Directors within twelty da 3 thereaffsr and M
L Le45 assessHneht INTO the treasurl. ANY pp&
holuer VINO mas forfeited his p1licy from pepieaA
pay the regular Assessment on the dansssa ~ N
Der shall be deharred from all benefits arising n
me previous sabscri tions, but he sha 1 ot he Il
vented from applying for new policy Nv Vi
scription as new member AL appHcationsM
membership, or 10 become a rolIcv hoIdor n III
as ociaton, must be MADE in writing to the nh
OF Directors, stating the name, age residence n
oecupati0n OF the applicanF and y false ststenN
mat snail become appsrsi 10 the Board OF D.nsgM
Siter the issue OF he policy shall annul said pol
no applcatiun shall b5 received unless accoTn5lnN
or the Associations physician, that Ft6s ~
phcant is IN good health, and free from pul
mary or other constitutional disease The AssosliN
ttteaseIYes me rlght 20 nave anr applicant upon
hhcate from any other than the Assoc stiGn'stIE
Gla L1, examined by the ssociatio0's physician,
IN all cases when he makes an exafninatioo hes Il
De allowed fee Of one dol ar to be paid by tbe1v
cant. All transfersof policies shall be iugde NJ
the books OF the Association.
ARTICLE v.
Upon the death Of a member the Secretary !,
lmmediately notify the policy holders OF the
9 ~ eau lor the coatr button specified in Ar
", by causing said notification t. be published N
nve consecutive days IN one newspaper pubil
IN New Orleans in English and one in Brsnl
ana sueh publication email be due notice TO q
policy holder and on failure to comply Va
me time and IN the manner specified in 81 ticls a.
ne or she shall forfeit his or her policy, Ana 81
rights as policy holders in this Association; pSl
Moea mat any policy holder who shall depOE
, ITe sssas99ry an amount to cover any speed
n9mDer OF assessments as assessments pai. s.
ADVANCE, and required - be paid on the dea 4.