New Orleans Republican. [volume] (New Orleans, La) 1867-1878, 1870-12-27

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 ono thousand
sSs
fffth: before me, Gustave lie Gardeur, Jr, notary
pubic duly commissioned aud sworn in and for the
the presence Of the witnesses hereinafter named
and undersigned. personally came and appeared
shs NV es
pacity by virtue Of the several resolutions adopted
ton, held on the twenty,nret day Of November.
1870 and at the sitting of tho Board o4 Directors OF
1870 as the whole win 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
cations had been made, and given for thirty days
in seven newspapers Published ~ this city to wit
tie New Orleans RsRI6ca NJ lthe oc 5ouIPs
The Renaissance and the Propagateur, genera
Insurance Association was convened and held at
the Office Of said association, on the twenty frat
day Of November, 1870 for tho purpose Of making
aud that at sold general meeting, stockholders
holding and owning six thousand seven hundred
Orleans Insurance Associati0n-bein more than
twothirds Of the number OF shares-were preseut
q represented, and they unantmously recon.
amendments Of the Following articles OF tho said
charter OF act Of Incorporated of the said New Or
leans Insurance Association, to witt
SECTION AARTlCLE II.
To make marine and river insurance upon vessels
specie, bullion, bills Of exchange, commissions,
bottomry and respondents interest, and to make
oil and every insurance appertaining TO- OF con
nected with marine or inland transportation risks.
SECTION 2-ARTTCLE Nv.
b reduced by = credit thereon & the net profits
made by the Association in the first and second
years, pro rata to the amount of earned preniums
that shall have been paid during that time BY each
ART1CLEv.
By removing from said article v the whole Of
article W. thus leaving three sections in Article "
and adding one section to article VII.
Section 4, article v, now by virtne Of the fore
SECTION 3-ART1CtE v.
An parties Wishing to insure With the association
shall subscribe to the capital stock thereof and be-
however that by and with the advice and consent
of special committee appointed for that purpose
alton Of two or more of the stockholders risks may
be taken from others than the stockholders. and
such parties insurng win become entitled 70 suca
rebate IA NAV be established from time to time by
the Board of Directors
SECTION l-ARTICLE VII.
From and after the beginning of the third year,
the stockholders shall pay no premiums on the ia
Section i, article WI, 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
ISOLATION, to which shall be added two and . halt
per cent profits paid to stockholders on the ir
stock paid in full, or on such part thereof
that shall have been paid, and the amount thus
formed shall be paid pro rata by the parties nsur-
ing, on the earned premiums OF the sums insured.
going, to be section Of said article vii.
All relative to which will more fully appear by
the certified copy Of the minutes of the said gen
eral meeting Of the stockholders OF the said New
for reference.
wherefore, the said Charles Cavaroc, in his said
capacity, moreover declared that by virtue Of the
powers in him vested by the aforesaid resolutions,
and in order to more fully carry into effect the
aforesaid alterations and amendments he does, by
these presents, publicly declare and make know,
article v, sectionA Of article and sections and
OF article VII of the charter act of inc0rpOra
tiOn OF said New Orleans Insurance Association,
passed before the undersigned notary on the sew
enth day of August, thousand eight hundred an
sixty-nine, have been changed amended or altered
so to read and be is hereinab0ve written and
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
| in the presence Of Armand Pilot Jr., and Edgar
Pilot, both of this city, competent witnesses, who
have hereunto signed their names with the said
Original signed: G. cAvARoc, President.
A. Pilot, JR,
KDGAR PTTOT.
- G. LIZ GARDEUR, JR,
Notary Public.
A true oepy: