New Orleans Republican. [volume] (New Orleans, La) 1867-1878, 1871-05-25
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Beard of Directors
UNITED STATES OF AMFRICA-STATB OF LOU
ISIANA.

ISIANA
Parish of Orleans, city Of New Orleans.
Re il known that on this fifteenth day of the
month of April, i'll the year of our Lord one thou
sand eight hundred and seventy-one, and OF the
ndepeldence of the United states of America the
ninefy-ffth before me- Gustave LeGardeur, IL,
notary public, duly commissioned and sworn. i'll
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 Reichard, Leon Haas, Jr., Eu-
gene +. Motion, Sylvestre Cambon Ulysses Mari,
noni, Arthur Poincy, Antoine Lanata, +. Edgard
Bernard, jean Egle and william Agar, all OF TINS
citv and composing the Board of Directors OF the
New Orleans Mutual Insurance Association. Ana
the said C. Cavaroc, in his name and in the pres
ence and i'll the name of the other above named
appearers presented to me, the undersigned no.
tarv. 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 desireus 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; and |, the said notary
i'll pursuance of the Request aforesaid, have regis
tered the above mentioned act of organization
which i'll the words and Dgures following, TO wit
The undersigned hereby form themselves into a
cor Grafton 10 be styled the NEW ORLEANS MI
TCAL INSURANCE ASSOCIATlON, under the pro
visions and regulations contained i'll 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
aid paid premiums accordingly, ana tntn only III
the proportion u the earned premiums SO paid; and
that the capital of the present corporation is
hereby fixed at million of dollars Is 900 OONl.
Ii being well understood that the present Board
of Directors and other officers of he said New Or
leans Insurance Association shall assume the
gauization OF the affairs and manage ment of the
business of the present corporation as soon as i've
hundred thousand dollars shall have been sub
sciibed, and continue until changed in the manner
provided for by said amended charter.
The undersigned agree TO be considered bound
though by stock note, for the number of shares op
posite 10 their respective names, maturing on the
thirty-first OF December, 1871, and bound also TO
transfer TO the present corporation whatever profits
NAV accrue TO them respectively i'll the New Or
leans Insurance Association.
The dersigned binding themselves moreover,
10 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 as aforesaid.
The Board OF Directors aforesaid is hereby au-
thurized 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