New Orleans daily crescent. [volume] ([New Orleans, La.]) 1851-1866, 1859-07-16
INSURANCE.

MERCHAHTs' MUTUAL INSURANCE COMPANY
Or NEW ORLEANS
Fifth Annual Statement.
In conformity requirements of their charter ,hs
Company publish tie following statement:
Anount Of uneIned premiums slst Of May,
IN. e. s,'s s received for the year end
On Fire Risks s,e27 50
On River hisks. I67.737 II
On Marine Ri'k'.' l7OA s4-sssls7o o.
L.. .moani premiums no. earned on the sill o.
Retain Drsaiuma Hlss H-sssssso l.
E:ts.rnsd psss%%inns 81. Nay 1872 ss59sss 20
On Fire Ris ikss....................... .S423.H6s
On esrsns hIsss; 7l9ss
re. pc, cent. returned .. '' T,iss II
ins!sss payable on scrips on 1857 and
Rsnsarsnees and expenses los. inie 1880 ~
l5,2lA S3-8G67,6 IS
Net profits slgl.zgl @
Iss. earned premiums on which ten per cont hsys
been returned. 1880 10
Net earned premiums participating in the pros sses
The Company have the following assets:
Gasn 90 nAnd Sll9792 90
Invested 70 notes secured by mortgage pledge Is
Bank tocks.. l1064s 90
d. for premiums in course Of collection Hs q
si,Ns,2s9 IS
1n.sIs payable .. .crips isi and isss ss y 40
Total amount Of assets. ................ ssss2s9 Is
Parish Of Orleans, City Of New Orleans. !
Belt remembered that on this day. June 1859 before
the subscriber Justice Of and for the city sfoe
sAid, personally appeared JOHN PEMBERToN. President
and CHARLES LEsAssIRR. Secretary of the Merchsn,s
Asfaa insurance Company Of New Orleans who being duly
s~orn according 70 law did depose and that
statement Is Just tue and transcript the books
Of said Company.
JOHN PEMBERToN, President
CHAs LEsAssIER, Secretary. ,
Sworn TO and subscribed before this day. June 1859
ARTHUR SAUCER,
Third Justice fthe Peace for the Parish Of Orleans
special meeting tho Board of Directors held this day.
ws resolved to declare scrip dividend of
the earned premiums OF Company the year ending
the 5lst Of May 1852 certificates will be issued
and after the LIST of August Ass
after the second Monday July next scrip
Of 1857 with thereon and to Day per cent
interest on tho scrip Of 1853.
g. o. Nelson, Jno. Penberton,
J. N. Nevins, p Pouz
Geo Connolly, B.P. VOORHEES,,
r. Maspero, c. Hopold
@. H. slocoms, @. Mltenberger,>
STATEMENT OF THE AFFAIRS
STAR INSURANCE COMPANY,
For the
YEAR ENDING MAY ST. 1885,
Amount Of Premiums received A
Amount of Unearned Premiums, May 81. lsss. 1854 90
sl7lss ~
Viz: Premiums Fire Rshs............ssosss 50
Marine Risku......... 6ss0s Is
River Risks.......... y 59s S
l71as n
Less Premiums UDearned transferred
70 next year zlT60 90
Lsss Premiums cancelled .......... 2167 62
Amount of Earned Premiums. ............ 1859 81
Paid Losses Fire Risks. 25,4l6Os
Marine Risks. l7,lN75
River Risks. $3.50 80
Reserved for Losses not paid ......... 20,300 90
Amonn. of Losses. ............. s7,.z1
Paid 10 per cent. r. Premium
on........................$l7I,e 43 "A
Less Premiums canceed..... 2l67 81
sl@77ss2
Less is per cent on s2s.l76,@
above-.................... 5T6
1851 IS
Paid Reinsurances. 2oss Sc
Paid Expenses D,3s2 81
l032 s4 "a
Amount Of Profits. ......... .............. 43a4 90
Deduct, per Resolution Of 4,h June, 1888
Fay 0per cent. o amount Of Prohs... 1870 40
10 per cent amount Of Capital (s242 100 "A ,2l0 90
Net Profits. H7s4 40
FOR Assured OBSERVATION-DISCLOSURES. 1882 rs
For Stockholders k....................... 1882 "a
Amount Of Premiums nbove. Isl, 100 a
Less Premiums cancelled ACKNOWLEDGEMENTS. 2.l67 g.
Amount participating in Profits ........... 1894 90
The Assets Of the Company
Bills Receivable, amount of Premium Notes 973 IA
Amount Of Investments. ................3u3AS3 Os
sH,45e "a
Cash on hand ACKNOWLEDGEMENTS. IS, 1850 80
Premiums due. 1906 IA -. uSss
Less 10 per cent R. Premium. .......... 1887
H,7B OF
r,u ou,.... ,.-. .ssssz2 50
M5.5 srArE OF LOUISIANA,
Parish of Orleans City Of New Orleans.
30 remembered, that the 9Th june 1859 me-
tho Justice of the Peace and the Parish and
Slate aforesaid personally appeared Pacde Forsta,
ent and Emile DeBuys Secretary
pay, Who being Only according law depose
ray that the above true
transcript from the Books of the Company.
PLAC1DE FORSTALI, President.
EMILE DEBUYs Secretary.
Sworn me the sixth dsv of Jnne
1859. ARTHUR SAUCER,
Third Justice of the Peace Parish of Orleans
DIRECTORS:
r. Forsal, W. G. c. Claiborne
r. A. Giraud, j. f. Beyle,
A.. Elliot, G. W. Lognn,
Al Watt f. Duplantier,
j. B. Plauche, Jr.
p. FORSTAII, President.
EhMk DEbuYs, Secretary. JED I'm
Il
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Mobile, Ala.
In New Orleans " " Sa,s an,
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