New Orleans Republican. [volume] (New Orleans, La) 1867-1878, 1870-12-03
CORPORATIONS.
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
ence Of the United States Of America the ninety
fifth. before me, Gustave lie Gardeur, Jr, q notary
public duly commissioned and sworn in and for the
parish and city Aforesaid therein residing, and in
the presence of the witnesses hereinafter NAMED
and undersigned, personally came and appeared
the NEW oREE asascE
corporation of this city, herein acting IN such ca
pacsty by virtue Of the several resolutions adopted
ut a meeting Of the stockholders Of said assOcia-
Lion, held on the twentyfrst day of November,
1870 and at the sitting Of the Board Of Directors OF
1870 as the whole will fully appear by refer
ence to the duly certified copies Of said resolutions
hereto annexed.
declared that pursuant to law and the act OF i'll.
corporation of said New Orleans Insurance Asso-
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 New Orleans Republican 1.-THE official jOurnaI),
the Commercial Bulletin, the New Orleans Plea
yune, the German Gazette, the New Orleans Bee.
the Renaissance and the PrOpagateur, a general
meeting Of the stockholders Of said New Orleans
Insurance Association was convened and held at
the office Of said association on the twenty first
day of November, 1870. for the purpose Of making
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-thirds OF the number Of shares-were present
represented and they unanimously recon-
mended and adopted the following alterations or
amendments OF the following articles OF the said
charter act of incorporation of the said New Or
leans Insurance Association. TO wit:
SECTION PARTICLE II.
To make marine and river insurance urOn vessels,
fre.hts, steamboats, goods. wares, merchandise,
profits, bank notes and other evidences of debt,
bOttomry and respendentia interest, and to make
all and every insurance appetaining TO- or con
nected with marine Or inland transportation risks
SECTION PARTICLE ".
The notes furnished as above provided for shall
,,e reduced by "a credit thereon of the net profits
made b. the Association in the first and second
years pro rata to the amount Of earned premiums
that shall have been paid during that time by each
stock holder.
By removing from said article the whole of
section 3. and inserting said section section of
article VII, thus leaving three sections in Article w.
and adding one section to article VII
Section 4, article ", low by virtue of the fore
going.
An parties wishing TO insure with the association
shall subscribe to tine 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 the recommend
alton of two more of the Stockholders risks may
be taken from others than the stockholders. and
such parties ilsufinS will become entitled 20 such
rebate IA be established from time 10 time by
the Board of Directors.
SECTION l-ARTICLE VII.
Prom and after the beginning OF the third year
the Stockholders shall pay premiums on the in
surances effected by them.
Section l. article VII, now By virtue of the
SECTION PARTICLE VII.
But in the year 1872, and in each and every year
following within the Rnonths Of April, July Octu-
Der. January, the President shall cause TO be made
a stattlment of the losses and expenses of the as
sociati6n to which shall be added two and half
per cent profits paid to stoekh , on the If
that shall have been paid, and the amount thus
formed shall be paid pro rata by the parties insur
ing. 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
All relative to which will more fully appear BY
era! meeting of the stockholm of the said New
Orleans Insurance Association. hereto annexed
for reference.
wherefore, the said Charles Cavaroc, in his said
capacity. noIn0yer declared that by virtue of the
powers in hirh&ested by the aforesaid resolutions,
and in order to more fully carry iutO effect the
aforesaid alterations and amendments he does, by
these presents, publicly declare and make known
that section of article II. section of article ".
article v section Of article V and sections and
OF article VII OF the charter or act OF incorpora
.ssn of said New Orleans Insurance Association,
passed before the undersigned notary on the sew
cnth day of August one thousand eight hundred an
sixty nine, have been changed amended or altered
so AS to read and be is hcreiuabOve written, and
he hereby authorizes aud requires the Recorder of
Mortgages in and for this city and parish record
said alterations or amendments Oh the books of
his office, as is required by law.
Thus done and passed at New Orleans. at my
Office. the day month aud year first above written,
in the presence of Armand Pilot Jr:, and Edgar
have hereunto signed their names with the said
party and me- the said Notary.
Original signed: c. CAvAROC. President
A. PITOT JR..
EDGAR PILOT.
G. LIZ GARDEUR, JR..
Notary Public
4 true copy:
G. liz GARDgUR, Jr., Notary Public.
The undersigned Deputy Recorder of Mortgages
for this city and Parish of New Orleans, certjfies
that the foregoing amendment is duly recorded in
this Office this day on the margin OF book society
No. :, folics $3.50 to 338 inclusive.
Nav Orleans, December !, 1870.
deg 16 % 30 G. DARCAETEL, Deputy.