New Orleans Republican. [volume] (New Orleans, La) 1867-1878, 1870-12-29

CHARTER.
UNITED STATES OF AMERICA.
State of Louisiana, Parish Of Orleans, City of New
Orleans.

Be it known that on this first day Of the month
of December, in the year Of our Lord one thousand
eight hundred and seventy. and Of the independ-
ence of the United States of America the ninety
fifth. before me, Gustave LIE Gardeur Jr, notary
public duly commissioned and sworn in and for the
the presence Of the witnesses hereinafter named
and undersigned, personally came and appeared
she NEW Of
corporation Of this city herein acting in such ca:
pacity by virtue Of the several resolutions adopted
at a meeting of the stockholders of said assOciar
ton, held on the twenty first day of November
1870 and at the sitting Of the Board Of Directors Of
1870, the whole will more fully appear by refer.
ence to the duly certified copies Of said resolutions
which said Charles Cavaroc, in his said capacity,
declared that pursuant to law and the act Of in
corporation of said New Orleans Insurance Assoc
citation, and after the requisite notices and publ.
cations had been made and given for thirty days
in seven newspapers published in this city, to wit:
the the Ssw Orleans R RsRuicah ths ofcsl jourpa
yune, the German Gazette, the New Orleans Bee,
the Renaissance and the Propagateur, general
Insurance Association was convened and held at
the Office of said association, the twenty first
certain amendments to its act Of incorporation,
and that at said general meeting, stockholders
holding and owning six thousand seven hundred
and fifty shares OF the capital stock of said New
Orleans Insurance notwithstanding more than
twO-thirtls of the number of shares-were present
mended and adopted the following attentions or
amendments Of the following articles of the said
charter act Of Incorporation Of the said New Or
leans Insurance Association, to wit: q
SECTION PARTICLE H.
To make marine and river insurance upon vessels,
feights. steamboats,, goods, wares, merchandise.
specie, bullion, bills Of exchange. commissions,
bOttOmry and respondents interest and to make
All and every insurance appertaining to, or con-
nected with marine or inland transportation risks.
SECTION PARTICLE Nv.
The notes furnished ne ahOya cd ehoO
be reduced by credit thereon Of the net profits
made by the Association in the first and second
that shall have been paid during that time by each
ARTICLE v.
By removing from said article the whole of
section 3. and inserting said section section Of
article VII thus leaving three sections in Article "
Section 4, article V, now by virtue of the fore.
going.
SECTION PARTICLE v.
All parties wishing to insure with the association
shall subscribe to the capital stock thereof and be-
come stockholders of the association; provided,
however, that by and with the advice and consent
by the Board Of Directors, or upon tiS recommend
alton of two more of the stockholders, risks may
s 20 5 tine and
rebate as NAV be established from time TO time by
the Board Of Directors
SECTION 1-ARTICLE VII.
From and after the beginning of the third year,
surances effected by them.
Section !, article VII, now by virtue of the
SECTION PARTICLE VII.
But in the year 1872, and in each and every year
following, within the months of April July OctO-
ber January, the President shall cause to be made
a statement of the losses and expenses of the as
ISOLATION, to which shall be added two and half
per cent profits paid to stockholders on the ir
that shall have been paid, and the amount thus
formed shall be paid pro rata by the parties insur
ing on the earned premiums of the sums insured.
Section 2, article vii now by virtue Of the fore.
going, to be section of said article vii.
Ali relative to which will more fully appear by
eral meeting of the stockholders of the said New
Orleans Insurance Association, hereto annexed
Wherefore the said Charles Cavaroc, in his said
capacity, moreover declared that by virtue of the
powers in him vested by the aforesaid resolutions,
aforesaid alterations and amendments he does, by
these presents. publicly declare and make known
article v, section of article and sections and
20f article VII Of the charter act of incorpora.
ton of said New Orleans Insurance Association, as
passed before the undersigned notary. on the
enth day OF August, one thousand eight hundred an
sixty-nine, have been changed amended or altered
as to read and be as is hereinabove written and
he hereby authorizes and requires the Recorder of
Mortgages in and for this city and parish to record
said alterations or amendments on the books Of
his Office as is required by law.
Thus done and passed at New Orleans. at my
office, the day, month and year first above written,
N the presence OF armand F1tot Jr.. and Edgar
Pilot both Of this city, competent witnesses, who
have hereuntO signed their names with the said
Original signed: c. tAvlRoc. President.
A. Pilot, JR,
EDGAR PTTOT
6. LIE GARDEUR, JR
Notary Public.
A true copy:
G. LIE GAKDEuR Jr, Notary Public.
The undersigned Deputy Recorder of Mortgages
for this city and Parish of New Orleans certi6ea
that the foregoing amendment is duly recorded in
this office this day the margin OF book society
No. T. folios 1888 to 1888 inclusive
Now Orleans, December l. 1870.
de2916D3o G. DARCANTEL, Deputy