New Orleans Republican. [volume] (New Orleans, La) 1867-1878, 1871-05-21
Board of Directors
UNITED STATES OF AMFRICA-STATE OF LOU
ISIANA.
Parish OF Orleans, civ of Sew Orleans.

Parish of Orleans, city of New Orleans.
Be it known that on this fifteenth dav of the
month of April, i'll the year of our Lord one thou
sand eight hundred and seventy-One and of the
independence of the United states of America the
niuety fifth, 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
and appeared Messrs Charles CavarOc, Charles de
Ruyter Augustus Reichard, Leon Haas, Jr., Eu-
gene F. Motion, Sylvestre Calnbon, Ulysses Mari
noni, Arthur Poincy Antoine Lanata, +. 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. CavaToc, in his name and in tke pres
ence and in the name of the other above named
appearers, presented to me, the undersigned no.
tarv, a certain instrument i'll writing, purpOrting
to be the act of organization of the New orleans
Mutual Insurance Association; and the said ap-
bearers being desir0us 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 ngures following, to wit
The undersigned hereby form themselves into a
cor Grafton TO be styled the NEW ORLEANS MI
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 million of dollars ($ 600 OO0).
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 soon as five
hundred thousand dollars shall have been sub
scIibed, and continue until changed, in the
provided for by said amended charter.
The undersigned agree 10 be considered bound, as
though by stock note for the number of shares OPP
posite to their respective names maturing on the
thirty-tirst of December 1871, and hound also to
transfer to the present corporation whatever profits
may accrue 10 them respectively IL TIE New Or
leans Insurance Association.
The dersigned binding themselves, moreover,
TO furnish to the present corporation stock notes
for the full amount of their subscription, due
thirtytrst December 1871, the same TO be credited
with the profits transferred aforesaid.
The Board of Directors aforesaid is hereby
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.