New Orleans Republican. [volume] (New Orleans, La) 1867-1878, 1870-12-08
CORPORATIONS.
CORPORATIONS.
UNITED STATES OF AMERICA.
State of Louisiana, Parish Il Orleans City ofSew
Orleans.

Be it known that on this flst day Of the month
of December, in the year Of our Lord one thousana
eight hundred aud seventy. and OF the indepena-
cnce of the United States Of America the ninety
fifth. before me- Gustave LIE Gardeur, Jr, notary
parish and city aforesaid, therein residing, and in
the presence Of the witnesses hereinafter nameI
and 9nders!gned personally came Co., and apRsntTsa
the NEW ORLEANS INSURANCE ASSOCIATIONS,
corporation of this city, herein acting in such ca
pacty by virtue of the several resolutions adopted
at meeting Of the stockholders of said assoeia-
ton held on the twenty. first day Of November.
1870 and at the sitting Of the Board Of Directors Of
sa,d association on the thirticth day of November
1870 as the whole will more fully appear by refeI-
enee to the duly certified copies Of said resolutions
Which said Charles Cavaroc, in hts said capacity.
declared that pursuant to law and the act of in
Of said New Gsssn. 3srSanes A;sS
IN seven pas 1S IL this cty
tie Commercial Bulletin, the New Orleans Plea
yune, the German Gazette, the New Orleans Bee,
the Renaissance and the Propagsteur general
Insurance Association WAS convened and held at
the office of said association on the twenty .nrst
day Of November 1870 for ts purpose Of man,Ds
holding and owning six thousand seven hundred
Orleans Insurance notwithstanding more than
twO.thirds of the lumber Of shares-were present
n,cndeS and adopted the Following alterations or
ENTERTAINMENTS Of the following articles Of the said
charter act of Incorporation Of the said New Or
leans Insurance Association, TO VIII:
SECTION 2IARTlCLE II.
To make marine and river insurance upon vessels,
specie, bullion bills Of exchange, commissions,
bOttOmry and respsndentia interest, and to make
>all and every insurance appertainin. to, or con
nected with marine or inland transportation risks.
SECTION 2-ARTICLE.Iy.
The notes furnished 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 the amount Of earned premiums
that shall have been paid during that time by each
''o ARTICLE v.
By removing from said article the whole Of
section 3 and inserting said section as section OF
and adding ONE .e section etc toartcie VII
Section !, article V, now by virtue Of the fore
going
All parties wishing to insure with characterization
shall subscribe to the capital stock thereof and be-
come stockholders Of the association; provided,
hOwageer that by and with the advice aud consent
of special committee appointed for that purpose
by the Board Of Directors, or upon the recommend
be taken from others than the stockholders, and
such parties insuring will become entitled to such
rebate ma. be established from time to time by
the Board Of Directors.
SECTION 1-ARTICLE VII.
l.
the stockholders shall pay no 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 wear
following within the months Of April, July. Oeto-
ber January the President shall cause to he made
a statement Of the losses and expenses of the as.
ISOLATION to which shall be added two and halt
r stock eeI paia in full or on such part thereof
that shall have been paid, aud the amount thus
formed shall be paid pro rata by the partiesin
| ing OH the earned premiums OF the sums insured.
Section 3 article vii now by virtue Of the fore
going, to be section of said article vii.
| All relative to which will more fully appear hy
the certified copy Of the minutes Of the said gea
| eral meeting Of the stockholders Of the said New
Orleans Insurance Association hereto annexed
wherefore, the said Charles Cavaroc, in his said
capacity moreover de61ged that by virtue of the
and in order to more fully carry into effect the
| aforesaid alterations and amendments he does by
| these presents publicly declare and make knbwu
article v, section of article and sections and
2of article VII Of the charter or act OF incorpora
ton Of said New Orleans insurance Association, as
enth day Of August, one thousand eight hundred an
sixty-nin have been changed, amended or altered
he Hereby authorizes and requires the Recorder o,
Mortgages in and for this city and parish to
said alterations OF amendments on the books o
his office, ~ Is required by law.
Thus done and passed Mt New Orleans at IN,
office. the day, month and year first above written
| In the presence Of Armand Pilot Jr. and E,ipa
Pilot, both Of this city, competent witnesses, VIII
have hcreunto signed their names with the sal,
party and me, the said Notary.
Original signed: G. CAvAROC, President \
A. PILOT. JR..
EDGAR PITOT
q. LIZ GARDEtR. III
Notary Public
g. In GAxDxuR, Jr.. Notary Public.
The he, nn S3 Deputy Recorder Of Mortgage
that the foregoing amendment d duly rvcorSsi
this o11co this dAy-on the margin Of hook socie
No. !, fOli0e $50 to ia Inclusive. III W -, ~''S
rew Orleans. December l. ls5A