New Orleans Republican. [volume] (New Orleans, La) 1867-1878, 1870-12-30
CHARTER.
CHARTER.....'
UNITED STATES OF AMERICA.
State of Louisiana Parish of Orleans, City OF New
Orleans.

of december, in the year Of our Lo5A one thousand
ence 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 named
and undersigned, personally came and appeared
the NEW ORLEANS INSURANCE ASSOCIATION. a
corporation of this city, herein acting in such ca
paety by virtue of the several resolutions adopted
at a meeting Of the stockholders of said associa-
ton, held on the twenty.frst day Of Novemberys
1870 and at the sitting of the Board OF Directors OF
said association the thirtieth day Of November.
1870, the whole will more fully appear by refer.
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
citation and after the requisite notices and publ
cations had been made, and given for thirty days
the New Orleans Republican 1.-THE official jOurnai),
the Commercial Bulletin, the New Orleans Plea
the Renaissance and the Propagateur, a general
meeting Of the stockholders Of said New Orleans
Insurance association was convened and hel s Mt
day of November, 1870, for the purpose Of making
certain amendments to its act of Incorporation.
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
OF represented, and they unanimously recem-
ana & 1he Of the sa
charter or act Of incorporation Of the said New Or
leans Insurance Association, to wit:
SECTION 2-ARTICLE IL
tn make marine and river insurance upOn vessels,
freights steamboats,, goods wares, merchandise,
specie, bullion, bills OF exchange, commissions,
profits, bank notes and other evidences of debt,
bottOmry and respondentia interest, and to make
nected with marine or inland transportation risks.
SECTION 2-ARTICLB Nv.
The notes furnished as above provided for shall
hu nv "A credit thereon of the net DrOits
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 ench
ARTICLE v.
BY removing from said article V the whole Of
article VII thus leaving three sections in Article w.
and adding section to article VII.
Section 4, article V, now by virtue OF the fore
going. sr1r,ov .pr,cYpv
All parties wishing to insure with the association
shall Subscribe the 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, OF upon the recommend
alton of two of the Stockholders, risks may
be taken from others than the s.ockhoiders anS
rebate be established from time to time by
! the Board of Directors.
| SECTION I-ARTICLE VII.
From and after the beginning of the third year,
the stockholders shall pay no premiums on the in
| surances effected by them.
Section l, article VII, now, by virtue or the
foregoing SECTION PARTICLE VII.
i But in the year 1872 and in each and every year
following, within the nonths Of kpril, July, Octo-
ber january, the President shall cause to be made
| statement Of the losses and expenses OF the IS,
ISOLATION, to which shall be added two and Il half
| per cent profits paid to stockholders on the II
stock paid in full, or on such part thereof
| that shall have been paid, and the amount thus
shall be paid pro Tas Of Sy 5es
Section 2, 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
Wherefore the said Charles Cavaroc in his said
capacity, moreover declared ina. oy virtue OF te
| 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 H. section of article "
article v, section of article ard 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 seV-
entl 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 III and for this city and parish to record
said alterations amendments on the books q
| his office, as is required by law.
Thus done and passed at New Orleans, at M
Office the day, month and year first above written
5 in the presence of Armand Pilot Jr and kdga
of this ey tie
party and me, the said Notary.
Original signed: {. CAvAROC, President.
A. PITOT JR..
EDGAR PITOT III
q. LIE GARDEUR, JR..
Notary Public.
A true copy:
"A G, LIE GAKDEuR, Jr, Notary Public
The Undersigned Deputy Recorder of Mortgage
for this fcity and Parish OF New Orleans, certite
! that the fore going amendment is duly recorded
!, this Office this day on the margin Of book societ
/. No. Z, foiios 1888 to 1893 inclusive.
. New Orleans, December l, 1870.
d de2 8 l6 % 50 C. DARCANTEL, Deputy.