New Orleans Republican. [volume] (New Orleans, La) 1867-1878, 1871-01-20
ACT OF INCORPORATION CF THE
HOPE LIFE INSURANCE COMPANY
or NEW ORLEANS.
Oaice-No. 10 Carondeict Street. New
Orleans.

OelNc-C'Ds
Orleans.
Stair LOCIs ANA,
City of New Orleans.
Be it known, that on the thrtieth day of Deem
Der i'll the year of our Lord one thousand, esht
hundred and seventy, and the ninety-hfth OF the
Independence of the United States OF America be
fore me- Joseph COhn y notary pubhc Tor FMS
and sworn and in the presence OF the witnesses
hereinafter named and undersigned, personally
came and appeared the parties whose names are
hereto subscribed, who declared that, awaiting
themselves of the provisions Of act of the Legl5
lature of ts State entitled An act for the orSani'
zat.on of corporal IONS for works of public improve
ment and utility" approved Oh the fourteenth OF
March 1885. they do by these presents bind them
selves, and those whom they represent az wei as
those who may hereafter become members to
form 2 body corporate for .lie object" and pt,r
poses, and Under the stipulations following
ARTICLE !.
The name OF this corporation shall be The Hope
life Insurance Company of New Orleans, and its
ioniciie is hereby established ~ the city OF New
Orleans.
1t shall commence business as soon ~ the sum OF
fifty Thousand dollars has been subscribed for,
and shall exist for neriod OF twe.tv-fiv years
from tine date hereof and shall have and use
poratc sea- hav'i. tor an INSCRIPTION the iiiIne OF
the corpon.iol.
The objcck AMI purposes OF thi. corporation are
hereby declared to be, to max" i'slranc" on the
lives of children from dat. of birth, guaranteeing
to them at certain age an adequate amount of
cap.tal from $500 to j. OOo. ,uc! terms and ~
such rates rhe Board OF Directors May from time
ARTICLE III
Alterations notice, and either icsa, proceedings
wherein THIS corporation may DE Interested, shall
be served on The President who shall be appointed
ia the .nin!4eI hereinafter provided
ARTICLE ".
The capita. stock of the company shall be one
hundred thousand dollars 100000. divided into
Ne tlnl:saHd tiOool share. Of enc hundred dollars
each To Oe paid Tor a. Size time and i'll the manner
following, to Wit:
Tn. subs, ribers 70 the stock q. the company
shall pay into The hands of the President OF tie
company ;pou the organization OF the company tor
business the sum y. five dollars $50 IN cash
.aci. and ~rery share sibscr' bed DN them and nv.
dollars so thirty days thereafter, and each sub
-criber To stock shall furnish lis note. payable ON
demand, for yer. tlOl per Centu,u of the amount OF
his subscription, and for the remaining eighty
dollars 500 each share they shall! furnish t.ier
notes TO the order o: the COMPANY, payable a: The
Office of tlIs. company at sCli time and n such
> the Board of Directors MAJ iete'iil ne;
provided, that tic same sill. be made PAYABLE by
nstai.ments not more than twenty dollars $.b
on .ari. share. al sue. periods NAV be agreed
upon bv the Board OF Directors and thirty 500
days notice shall! he gwen IN the English, German
and French Ian Iiages, in three daily newspapers
pub !!.i III THIS cuE. OF payment q. ;Avnie.it' 70
b. made.
All :.,r corporate powers of IL" COMPANY ..,a De
exercise! tn. Board of Directors composed OF
:vr.v. Stockholders {" b, elected the SECOND
Monday .: janGar* II each year. AZ the o:Ecc OF
the COMPANY
Notices Of s.,:, election s.a;. =. give. and con
tIu!e.;. Tor ten day- immediately preceding saii
r.ec':on "a 'He hn;'sh' herman "n'' 'le''e"
The l;o,rd ~ Directors ..,.!! appoint three
stockao;ei- - inspectors 10 pre'ii' n su'a e.+c
tons ana !! Al: %. S'.h inspectors "'c.." o1 ''i'
20 attend 'h- Plesden: III the con,anr shall ap-
point others 70 ac: i'll their stead.
he board :hts t.rc..d AZ. :. take .l,.T seats on
t.n. third Monday o. the eaid month o: January.
AMI 10 hold In. sam. gear .hercfrom. until
.n-: successor. are elected and qualified b, Tor
slle present aad un'.i We tAiii AondaH OF Jan
49, "a, - 80 So ,,i,n,.- w.. ,,t,rI -, ~
- -, - f ~. - ~. -, .,,,.,.,, -, -
az. nj, ,.bn~;,..; =, -. s.rb W. NJ.
axe w, ga 30 Ho - - 10 sou, 10 ".
n.,,,.,,icl- Va, ..,-tay. Nng..
:nEo Rs.w.,. rcd OTTO.
=. ii. ".-ur. carries balli"
Aired S!a" "i.hah =. !!.'
r. Newman :. A.; T. ioEtn;..'
X: al t.r'tios - @"t'' >i!'s.! o, ny b1.-ot 'A'i
.;Io>r person, ftct'f.h- '' P1uf"''t OF Fott' ~
'ie ~hoi't' Ho'iis snil IN 'ols,ieis.' "i,i.
elected ana N n. 'T"ht 81 10 &c. Ton 'A"Ihc
i'1'a" IN .1e "a aforesaid sac i'ts.1rnl sAa'
''i;ae 'hofH-; '."c,;"ii I" % Hru YEN wv HaF'
thereafter 'i.a s'' :'''.'e ''t''. ~ ''.o5"."'H-
zen GAYS. -, .,
~ ." meetings 'ne -'"r Ah"!nt's -:i- oe en-, "',
"i:.e: IN irI>'- .: b. proxy TO one ."'. ot .te:'
''i', .,'r' ',iai :" 80 800 TX, e,s y, -! -
SKI. .i- rr..vio.. 10 such election pro, i.icd tia.
no Lh,i.i,, .h;. IL. permitted T.. voe t.n!-,.
h viii hA.. held Ms stock on the book, OF :ile
,o.u2aa. a. ..... sixty DAYS pie~!o,. 70 oil. q
mr.iins.
i. ~. cxci,l..oc -! th,. ,.iar... OF ne COMPANY
-. sooner !. urdried y vot. OF the stOc .i.oiers
-, hereinafter pro, ded TOR the affairs " the
PAM SHALL be uudatc.i il. debts paid under The.
s.,--e. and ,,.r-rint-i.tlence .. three commits
..outr, to appointed by the Board Directors.
and who shall I'!n'iE. III oho" Hn:.. 'Ie an. SCI
80 'i'e''' '' '''' ANN, VA vac 'o''.''"'
ARTICLE W.
- Board o. Director, shall AZ t!.;: nr. meet
n, IN .vr.: wear eircr from anon. .I,n,.iv..
2, l'r.s,-n: and /. vice-1r.ol..s, who shall ho.j
49,. v,,. uni! their successor. SAL u. ed
.Rpycvu VIZ
No !'''Fs"'! s.!'.l % r"l'ao OK i"ihS t;ct ,th'
director ., company "n" does !"' az tii' '.ihe
% ii> c.-ctloh ana 'iuIS ms c"lt! lance ID one
h"d IN ms o" n name al Least '"'n'' 'Hs
stot !. OF '.i' company
ARTICLE VIII
49,. Roar, -, ,,;r.c,or. .;,au h.v. .he .,,,. .,
,,,nt .u ), .,.,i.rs ,isrl,. and ,m,oye. os snail
i-.s,--- ,,r 49, .nr,i,,c,;,,,, N, .be hus:ne.. of
80 .nu,.,,,,- 80 .. nr,,r; .uch H.. ,,,v. r,,Ias
SUI 'i' ~ ,'. i,, ,,,: e 80
80. r,.,,. Of ,ha .I,n,,,ny nrnv;d, 81 ri. .an,,.
sIat NV con1c. NJ, III. laws n, mi, St,-. and
M. nrnvi.ions and 1nearinr of ,hisact
ne. i,,r ~ ..nn,n.r.,tnn ~ .ai,r;.. ~, .to
o,,r.r. .'.r,o ,j a,u,,lnyp. elected and e,unl,vuj
,,. ,t, - ~ s.-I-ir. ~ tbe .om,anv am; sL,ll
; - ,,,,,,,., .. ~ All ,,c.nci.s ,yI,ic, ma
.,.c,r:., .r,..i- ,,arj ~ ", their nr,sidercy
IA 40 va ,,,c, "!
1aAAANi'r La
The President and Secrcta-. Of tn" company
,,,lii sign all policies of insurance issued bY the
.onpanv. The former shall preside al all meetings
of the Board OF Directors. and he shall conduct
ana manage te business or ,' so' a, en rt
Il, case OF his absence the Wee President shall
preside. al al, meetings of he Board OF Directors.
and in tn. absence of both the board shall elect
OK o. Their number. whose acts as President pro
fem ..al. N. bind, on tn. COMPANY.
,pT1c1vy
AZ 's!" y. ;', $40 a' .. ,, =" ~,
in houi, and mortgage, on u,iucumbercd and ,u.