New Orleans Republican., 1871-11-07

..(signed) JOSEPH com, Notary Pubic.
New Orleans, July rs. 1871. oca
QUARTER. ER....................C .CHARTRI
} STATE OF LOUISIANA CRY OF NEW oR1EAx
Re it known, that on this twenty seventh dav
september, A D. eighteen hundred and eevent
the United States Of America, before me. Josen
Cohn notasy public in and for this parish n
Ss{ X o. New %.!eans. duly esaAnissiosed and qaal
Michel, presidents FREDERICK 6e Bondio. vice , pres
MANIA r% e the SE.
an Incorporated institution Of this city, who d
cared that at general meeting Of the stockholdeI
Of Gf:sd % eo%Svany duly called tby thirty days motto
eighteen of the charter, executed before the I'M
dsrsigned notary, on the twelfth day Of February
threefourths Of the stock represented at sad mee1
ing approving it was unanimously resolved tha
the articles contained in said charter be unate1ed
or bs 80 amended in the following manner:
Article first to remain unAltered
Article second to remain unaltered
article tn,rd 70 oe amended % it shall read: tn
dred thousand dollars 800 0OO) divided into thre
thousand shares Of one hundred dollars each, whcI
hundred thousand doars CO. ~ 'ne as '1m here
matter provided for, and the ab0ve said capital q
paa n do::: declared
ty-frs: Of March, 1871. adopted by the Board Of Di
rectors and the unanimous consent Of ali the stock
|
| ment on record in the ONCE Of the underlined
notary bearing date the twenty fourth Of July
ia.l: Inc PRESIDENT and Board Of Directors Art
hereby authorized to issue certificates for full pead
| stock.
Article fourth to be amended so it shall read:
exercised by Board Of Directors. Composed II
twenty,four stockholders. to be elected on tie
third Monday 9a Sf Januasy ls.s then each following
election shall be given, and continued for ten days,
Immediately preceding said election in at least tvo
| QneTo uhRA Sv n:<~x
shall appoint three stockholders inspectors to me-
side al such elections and II any of said
point others to act in their stead The board tius
elected are to take their seats the fourth Non.
day OF the said month Of January, and to fold
| successors are elected and qualified. The frst
board shall consist Of the following stockholders
MeSs 5edsIek Tbom,s Dsl B0nSic A. Elmer Rader Daniel
MARKS Krants: fnedandei " WweeGeidIns Geidsas:
mann r T. F!effss fssare1 rni Msgss Ds
Louis li Reder G. H. Braughn. N: Stern. Louis Grune
un1 Maid ah ana a. 1ertng who shall remain in Office
their successors are elected and qualified. In ali
elections the votes shall be by ballot and those
Stockholders present, shall be considered duly
elected. and in the event Of no election takina
place place On not the DAY aforesad the president shall
aforesaid.
entitled
either in person Or by proxy to vote for each and
every share which he she or they may respectively
hold up to the number Of TWENTY-FIVE, and then to
nave one vote for each subsequent five sharea
provided such stock is owned ninety days prior to
any election.
Article fifth remains unaltered
Article sixth remains unaltered
80 Article seventh to lie amended 80 it shall read
No person shall be capable Of being elected direc-
tor OF said company who does not at the time Of
ms election, and during his continuance in Office
mold IN his own name, or that Of the commercial
shares Of the stock of said companv nor shaIl anv
one be eligible for the position of director Of this
company who isa director in any other fire, ma
rlne or river insurance company
Article eighth remains unaltefed.
Article ninth remains unaltered
Ar.,els 1enth to be amended so it eha read: The
Board OF directors shall have power to invest from
time to time, the money and capital Of the com
pany in mortgages on unencumbered and improved
IN every case shall be deemed worth at least
double the amount loaned thereon or in anv bonds
United States or Of this state or Of the ccrncrao
tons OF this State OF make l0ans pledge OF apy
OF the aforesaid securities bonds or stock they
BY way Of security. or Of stock pledged for secu.
or OF property conveyed to them in satisfaction
oubc Isess prevlon;y contracted or purchased at
obtained by said company. or Of any property NOV.
able or immovable. which may have been aban.
operations of its business; but nothing herein con-
tanned shall be construed a. to authorize the
s sad COMPANY to discount negotiable papers, to
DO any other banking operation either directly
or indirectly to deal or trade in buying or selling
movable or immovable property goods, wares OF
shall have the right to purchase a property or |
D bMildlng for the purpose Of establishing their !
article eleven remains unaltered
AttiGies Twelve and thirteen remain as amended,
embodied in document on record in the office Of |
& fne s notary, bearing date the twenty
Article fourteenth to be amended so it shall read:
y shall be the duty of the President and Board Of
directors within one month from the close or ex.
plratlon OF each year of the company to cause to
pc published in at least two newspapers of the
city, and for the term Of At least one month fni
under oath, of the business of the conn
9any ~ which statement shall contain:
i. Inc amount OF premiums received during the
'fe nous year, specifying what amount was Re.
eived for life insurance, for insurance against Are
: hat on marine policies, and what on river psli.
2 The amount Of losses incurred during the year
ave ;s been incurred by the different kinds Of poll
B. The amount Of capital. stating the portion Of
ne M same invested in securities, aud the nature of
Article fifteenth RENAME unaltered.
article sixteenth to be amended 90 it shall read
o STOCK shall be transferred unless such transfer
older shall have the right to transfSr HI. st"nE
nh Ii mis-; n's atured obligations to the company are
Article seventeenth to be .mendaa .. ;. ..u
.ad: NO stockhoIder shall receive sny dividend
snare OF profit from the company without first
syang any and all indebtedness that NAV ar;st |
t1vOr OF the company but any such dividenT |
Dlder. "0 S1e'e0 70 sucn STOCK
Article eighteenth to be amended 40 II .b.,, r.a.
as act OF Incorporation may be modified altered
q H1laonued OF the said company dissolved at zen.
a.. a. .Meetlhg, TO be convened for that purpose after
~ ~ aAys notice in at least two newspapers pub
mr ,ned IN this city and with the assent Of three
NJ anr OF the .fock at such meeting
~ auy ana All such notifications, alterations | :
lsenGmeats ne or dissolution shall be recorded and
10nshed according to law.
nus done and passed in my Office in said CITY, in
essence OF Charles p. Barry and Eusebe Boiny !
mpetent witnesses, who siRu this act with aaid | .
Pearers and me, notary.
original signed: D. MICHEL, President; !
FRED. DEL BONDIO, :
Vice President;
E. MAIER, Secretary.
:. BorNx. JOSEPH COIN, Notary Public.
i, the undersigned, Deputy Recorder Of Mort
ges IN and for this city, parish Of Orleans, State
containing amendments to the Charter OF the
rmania Insurance Company Of New Orleans, has
~ duly recorded in this ONCE, in Book Society
II, folio 500.
c. DAlCANTEL, Deputy.
lew Orleans September "a. 1871.
certify the foregoing to be true copy Of the
ginal act on file and 81 record in my ofice.
q faith whereof grant these presents under INV
nature and seal Of once, this second Of Octohof
JOSEPH COIN. Notary Public.
CO 10 81 Is 81 NOT S'