New Orleans daily crescent. [volume] ([New Orleans, La.]) 1851-1866, 1859-07-11

MERCHANTS MUTUAL INSURANCE COMPANY
or NEW ORLEANS.
Fifth Annual Statement.
conformity with the requirements Of charter the
Company publish the following statement:
Amount Of unearned premiums on 3lst Of May,
.Ss' Il II. S.fs ss received for the year end
o. srs R ..s. 5s ~ q
On Marine Risks i741O4 s4ssss7o o4
TOTAL premiums. 81 osssls o.
Rs.arn premiums iiass H-s2sssso IA
Nsts.rnsd premiums. slst May. 1879 ss59ss5 20
" Fire Rasss ...................... .S43 M6 N
r, -, .,,, ,,,,,n.a e9ss ss y y
Insrss. payable scrips on 1857 and
Rsinsnssncss and expenses less int. ''1'' ~
l5,2lA H5-$667,6AA 80
Net profits. s9l.7sl S
Net earned premiums ................ 1853 ss5 %
been returned. 1890 70
Ne. earned premium. participating pron. s74ssss
The Company have the following assets:
s,:: : :::;ss q; '3;!s
Invested secured BY pledge. Gil $50 g
ns aS3o ~
Dne for premums IN course Of collection ss u
.sl,Ns.2ss Is
= Less balance scrip Of 1857. rsdoemabs on 18th Of
1a.sI.si payable on .erps ISL and sss g. zsooo 10
Total aueunt Of .ssss Observation-Disclosures. ssss Is
Parish Of Orleans, City Of New Orleans. !
Belt rsenssrsd that his day. June 1852 before ss
Subscriber J.es Of the Peace the city aors
saiA, personally appeared JOHN PRMBERTON President
ard CHARLEs LEsAss1ER, Secretary Of Merchants'
Mutual Insurance Company New Orleans who being duly
according law. did dspsse that the above
statement jus se asd correct transcript from the books
JOHN PExBREroN, President
CHAs. LEsAssIER, Secretary.
swsn to and subscribed before this day June 1853
ARTHUR sAUCIER
Third Justice OF the Peace the Parish of Orleans.
especial meeting Directors held this dsy
resolved 70 declare scrip dividend of Is cent on
the earned premiums Of the Company for the ending
the 3lst Of May 1859 for which certificates will be issued
and after the LIST Of August Also to redeem and
altar second Monday July the balances Of the scrip
Of 1851 with interest thereon and To cent
interest On the scrip Of 1855
8. o. Nelson, Jno. Pemberton, Z
j. N. Nevns, p. Pouz
Geo. Connolly, B. P. VOORHEES,,
p Maspero, c. Honold,
c. H. Slocoms G. Miltenberger,
5sll In B. O. vignaud.
STATEMENT OF THE AFFAIRS
STAR INSURANCE COMPANY,
For the
YEAR ENDING MAY 81, 1885,
Amount OF Premiums received BLOC "A
Unearued Premiums, May 81, 1sss... 2ss4 90
sl7l,es ~
VIZ: Premiums Fire Risks. $s053s 50
Marine Riaks..... 6s,8G8 rs
:. River Risks.......... % 596 IS
l7l,e43 ~
LeSs Premiums Unearned and transferred
to next yesr. 8,l760e
Less Premiums cancelled ................ 2,l67 e.
Amount of Earned Premium. ....,....... 1859 81
Paid Losses IN Fire Risks. Is. 4l6 %
Marine Risks........... F,lS0 Is
River Risks. 4.bD 80
Reserved for Losses not paid. 20,300 90
n Amount Of Losses. ............. 67.427 q
Paid 10 per cent R. Premium
SIT 943 A
Less Premiums canceled..... 2,l67 81
slesm5s2
1857 SO
Less Is per cent on s2sl7s,a as
aboVe..'..'.....''....... $50 4o
Paid Rensurances. NEUTRALITY-SUSPICIOUS.. 2G33 So
Paid Expenses. W.332
l0s 2si 81
Amount Of Profit. z330i IS
Deduct, as per Resolution of 4th June, 1855
Say 10 per amount Of Pro6ss..... 1880 40
10 per cent. amount of Capital (s2i2,loW A2o 90
Net Profits A764 40
For Assured X. ACKNOWLEDGEMENTS. 1882 Is
For Stockholders k'..........'...,.....' 1852
Amount of Premiums above 15llOs ~
Less Premiums cancelled ...............,. 2l67 81
Amount participating in Profits. ......... 1894 30
Tho Assets Of the Company
Bills Receivable amount of Premium Notes % 973 IA
Amount of Investments .................3 U3 483 08
sN 46 "a
Cash hand. ACKNOWLEDGEMENTS. $3.50 30
Premiums due Observation-Disclosures. 1896 IA =, sesa
Less 10 per cent R. Premium. 759 Ct
1915 OF
,.., sssas7g 50
Parish of Orleans, City Of New Orleans.
Be remembered that the 9th of june 1885, before
the subscriber Justice of the and for the Parish and
State aforesaid personally appeared Pacide Forsta Presi
and Emile Deuys Secretary the Star Insurance Com
whs being duly according to law do depose and
that the above true, q
transcript from the Books of the Company.
PLAClDE FoRsTALI, President
EMILE DEBUYs, Secretary.
Sworn to and subscribed before the sixth day of June
1859. ARTHUR sAUCIER,
Third Justice of the Peace for the Parish Of Orleans
DIRgCToRs:
P. Forsall, W. c. G. Claiborne,
P, A. Graud, j. f. Beylle,
A. F. Elliot, G. W. Logan,
Al Watt. r. Duplanier
j. B. Plauche, Jr.
2. FORSTALI. President
DEBUYs les I'm
HENRY NJ. FAIEEEaILD q co.. COMMISSION
Il AND FORWARDING MERCHANTS, Wholesale Gro.
GERS Northern Western Produce, Nava
Stores, etc., etc.,
No. IS SOUTH COMMERCE STREET,
Mobile Ala.
9-Cash advances made congnments to friend
New Orleans. fel5 3m
IKTlDOW A. COSTA, SUCCESSOR TO ANGELO
w Costa, las hand aud offers for sale
800 bills. Mess Prime and Rump Pork.
terces Bacon--Sides aud Shoultcre.
balls White and Red Beans.
Sups EuradH