New Orleans Republican. [volume] (New Orleans, La) 1867-1878, 1870-12-02
CORPORATIONS.
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
e esa' of the United States Of America the nipetS-
fifth. before me, Gustave, LIE Gardeur, Jr., a 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
Che Gns HEW cs SREElk ssqR9ss' "a se1s ASK eHfs1aeSs G a
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 assOcia-
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
hereto annexed.
declared that pursuant TO law and the act of in
corporation of said New Orleans Insurance Asso-
~clatiOn, and after the requisite notices and publi-
cations had been made, and given for thirty days
in seven newspapers published in this city, to wit:
the New Orleans Republican lths oiiclai JouI p;aD
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
Orlea ms Insurance Notwithstanding mere than
twOthirds of the number of shares-wefe present
or Iegr sss adat aIH thu 5se fo,1 Hnan,mo oItslyati ises, or
amendments Of the following articles of the said
charter OF act of incorporation Of the said New Or
leans Insurance Association, to wit:
SECTION PARTICLE II.
To make marine and river insurance urO1 vessels,
~freights, steamboats,, goods, wares, merchandise,
specie, bullion, bills of exchange, commissions,
profits, bank notes and other evidences Of debt,
bottOmry and respsndentia interest, and to make
ali and every insurance, apPertaining to. OF con
nected with marine or inland transportation risks.
SECTION PARTICLE ".
The notes furnished as above provided for shall
be reduced bya credit thereon OF the not 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
st0ckholder.
BY removing from said article V the whole of
section ;. and inserting said section az section l of
article VII, thus leaving three sections in Article Y,
and adding one section to article VII.
Section 4, article ', now by viitue Of the fore
going.
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
of a special committee appointed for that purpose
By the Board of Directors, or upon the recommend
alton Of two or more of the stockholders, risks may
be taken from others than the stockholders, and
such parties insuring will become entitled to such
rebate as 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 i'll
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 months Of April, July, OctO-
Der, January, the President shall cause to be made
a statement of the Losses aud expenses of the as
ISOLATION, to which shall be added two and a half
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 insur-
ing, on the earned premiums of the sums insured.
Section ,, article vii now. by virtue OF the fore
going. to be section 3of 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
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 known
that section 2 Of article II, section 2 of article ",
article V, section 4 of article Y and sections l and
2 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 ofAusust, one thousand eight hundred an
sixty-nine, have been changed, amended or altered
| so 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,
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
party and me, the said Notary.
Original signed: G. CANAROC, President,
4. PITOT, JR.,
EDGAR PITOT
6. LIE GARDECR, JR.,
Notary Public.
A true copy:
! G. LE GARDErR, Jr., Notary Public.
The undersigned. Deputy Recorder of Mortgages
for this city and Parish of New Orleans, %certites
that the foregoing amendment is duly recorded in
this Office this day on the margin OF book society
No. Z, fOliOs 33 to 1888 inclusive.
Now Orleans, December l, 1870.
de2 9 Is % 80 C. D~ARCANTEL, Deputy.