New Orleans Republican. [volume] (New Orleans, La) 1867-1878, 1871-05-24
Board of Directors.
CHARLES CAvARoC, Presiden
UNITED STATES OF AMRRICA-STATE OF LOU.
ISIANA
Parish of Orleans city of New Orleans

| Parish of Orleans, city of New Orleans
| Be it known that this fifteenth day of the
month of April, in the year of our Lord one thou.
| sand eight hundred and seventy-one and of the
| independence of the United States of America the
| ninety-ifth, before me, Gustave LeGardeur jr
and for the parish and city aforesaid therein re-
siding; and in the presence of the witnesses here.
matter named and undersigned, personally came
and appeared Messrs. Charles CavarOc, Charles de
Ruyter, Augustus Reiehard, Leon Haas Jr Eu-
gene +. Motion, Sylvestre Cambon, Ulysses Mari
noni, Arthur Poincy, Antoine Lanata, +. Edgard
Bernard, Jean Ege and William Agar. all of this
city, and composing the Board of Directors the
New Orleans Mutual Insurance Association And
the said C. Cavaroc i'll his name and in the pres
ence and in the name of the other above named
appearers, presented TO me, the undersigned no.
tary, a certain instrument in writing, purporting
to be the act of organization of the New Orleans
Mutual Insurance Association; and the said ap-
bearers being DESTROYS TO give TO said instrument
due validity and authenticity, have requested me-
the undersigned notary, to make an act of deposit
and registry of the same; aud /, the said notary
in pursuance of the request aforesaid, have regis
tered the above mentioned act of organization
which is in the words and ngures following to wit;
The undersigned hereby form themselves into a
cor GRAFTON to be styled the NEW ORLEANS MU-
TUAL INSURANCE ASSOCIATION, under the pro
visions and regulations contained in the amended
charter of the New Orleans Insurance Association
in this city, made part thereof by reference, with
the distinct provision that no stakeholder of the
present poration shall participate in the profits
OF the unless he has effected insurance therein
and paid premiums accordingly, and then only in
the proportion OF the earned premiums paid: and
That the capital OF the present corporation is
hereby fixed at one million of dollars Is 900 OOO)
1t being well understood that the present Board
of Directors and other officers of The said New Or
leans Insurance Association shall assume the or.
ganzatiOn of the affairs and mana cement of the
business of the present corporation as soon as five
hundred thousand dollars shall have been sub
sclibed, and continue until changed, in the manner
provided for by said amended charter.
The undersigned agree TO be considered bound as
though by stock note for the number of shares OPP
posite to their respective names maturing on the
thirty Of December, 1871, and bound also to
transfer to the present corporation whatever profits
may accrue to them respectively i'll the New Or
leans Insurance Association.
The II dersigned binding themselves, moreover,
to furnish to the present corporation stock notes
for the full amount of their subscription, due
thirty first December 1871, the same to be credited
with the profits transferred aforesaid.
The Board of Directors aforesaid is hereby au-
thorized to make deposit of the present act in a
notary's office authenticate register and publish
the same in the manner prescribed by law.
New Orleans, February :, 1871.