New Orleans Republican. [volume] (New Orleans, La) 1867-1878, 1870-12-22
CORPORATIONS.
UNITED STATES or AMERICA.
State of Louisiana, Parish Of Orleans City Of New
Orleans.

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, Gustav% LIE Gardeur, Jr.. q notary
public duly commissioned and sworn in and for the
the presence Of the witnesses hereinafter named
and undersigned, personally came and appeared
NEW
corporation of this city, herein acting in such ca
acity by virtue of the several resolutions adopted
at meeting Of the stockholders of said .associa-
ton, held on the twenty.hrst day of November,
1870 and at the sitting of the Board of Directors Of
said association on the thirtieth day of November,
1870 as the whole will more fully appear by refer
ence TO the duly certified copies Of said resolutions
heRt0 annexed.
Which said Charles Cavaroc, in his said capacity,
declared that pursuant to law and the act of in
corporation Of said New Orleans Insurance Asso-
ciation and after the requisite notices and publ
in seven newspapers published in this city to Wit
the New Orleans Republican 1.-THE official jOurnal),
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
W represented, and they unanimously recon.
mended and adopted the following alterations or
amendments Of the following articles Of the said
charter or act Of incorporation of the said New Or.
leans Insurance Association, to wit:
SECTION 2-ARTICLB II.
TO make marine and river insurance upon vessels,
freights, steamboats,, goods, wares, merchandise,
profits, bank notes and other evidences of debt
bOttomry and respendentia interest and to make
all and every insurance appertaining to, or con
nected with marine or inland transportation risks.
SECTION 2-ARTICLB ".
The notes furnished as above provided for shall
be reduced by credit thereon Of the net profits
made by 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
stOckhOlder.
ARTICLEv
By removing from, said article the whole Of
section and inserting said section as section OF
article VII thus leaving three sections in Article "
and adding one section to article VII
Section 4, article v, now By viitue of the fore
going.
All parties wishing to insure with the association
shall subscribe to the capita! 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 stock holders, and
such parties insuring will become entitled to such
the Board of Directors
SECTION 1-ARrICLE VII.
From 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
foregoing
SECTION PARTICLE VII.
But in the year 1872, and in each and every yea1
following, within the pnOnths Of April, July OctO
Der, January, the President shall cause to be made
a statement Of tbe losses and expenses Of the as
per cent profits paid to stockhoders on the II
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.
Section D. article vii now, BY virtue Of the fore
going, to be section 3 Of said article VII:
Ali 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
Orleans Insurance Association hereto annexed
for reference
Wherefore, the said Charles Ca~aroc, 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 known
that section of article II, section of article ";
article v. section of article and sections and
of article VII of the charter or act OF incorpOra
ton of said New Orleans Insurance Association, as
passed before the undersigned notary on the sew
enth day of August one thousand eight hundred an
sixty-nine have been changed, amended or,altered
to read and be as Is hereinabove written, and
he hereby authorizes and requires the Recorder OF
Mortgages and for this city and parish to record
said alterations or amendments on the books OF
his office, is required by law.
Thus done and passed at New Orleans, at my
office, the day, month and wear first above written
in the presence Of Armand Pilot IT., and Edgar
Pilot, both of this city, competent witnesses, who
have hereuntO signed their names with the said
party and me, the said Notary.
Original signed: C. CAvAROC, President.
A. PITOT JR.
EDGAR PTTOT.'
Il. LIZ GARDEUR, JR.,
Notary Public
true copy:
G. LIZ GARDEcR, Jr., Notary Public
The undersigned Deputy Recorder of Mortgages
for this city and Parish of New Orleans, certiiee
that the foregoing amendment is duly recorded in
this Office this day on the margin OF book society
No. :, folios 333 to 1888 inclusive.
Now Orleans, December l, 1870.
de2 Is % 80 C. DARCANTBI, Deputy.
II0EI1,E nm 1EIII STOCK IIOI OEl2I