New Orleans Republican. [volume] (New Orleans, La) 1867-1878, 1871-05-26
Board of Directors,
UNITED STATES OF AMRRICA-STATE OF LOU.
Parish of Orleans CITY of New Orleans

Parlsh OF orleans, CITY OF New orleans.
Be it known that on this fifteenth dav 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-ffth, before me, Gustave LeGardeur, Jr.,
a notary public, duly commissioned and sworn, in
and for the parish and city aforesaid, therein re.
siding; and in the presence of the witnesses here.
matter named and undersigned, personally came
Ruyter, Augustus Reichard, Leon Haas, Jr., Eu-
gene F. Miotoa, S~ylvestre Cambon, Ulysses Mari
nOni, Arthur Poincy, Antoine Lanata, X. Edgard
Bernard, Jean Egle and william Agar. all of this
city, and composing the Board of Directors OF the
New Orleans Mutual Insurance Association. And
the said c. CavarOc, in his name and in TIE 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 APP
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; and l, the said notary,
In pursuance OF the request aforesaid, have regis
tered the above mentioned act of organization,
which is in the words and hgures 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 corporation shall participate in the profits
of the same unless he has effected insurance therein
and paid premiums accordingly, and then only in
the proportion Of the earned premiums SO paid; and
that the capital of the present corporation is
hereby fixed at one million of dollars g 0O0, 0O0).
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
ganization of the affairs and management of the
business of the present corporation as soon as five
hundred thousand dollars shall have been sub
scribed, 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 op-
posite TO their respective names, maturing on the
thirty-frst of December, 1871, and bound also to
transfer to the present corporation whatever profits
may accrue to them respectively in the New Or
leans Insurance Association.
The Il d~ersigned binding themselves, moreover,
to furnish to the present corporation stock notes
for the full amount of their subscription, due
December, 1871, the same to be credited
with the profits transferred as aforesaid.
The Board OF Directors aforesaid is hereby au-
thorized to make a 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 I, 1871.