New Orleans daily crescent. [volume] ([New Orleans, La.]) 1851-1866, 1859-07-13
INsuR ANCE.
[ERCHANTy MUTUAL INSURANCE COMPANY
or NEW ORLEANS.
Fifth Annual Statement.

NEW ORLEANS
Fifth Annual Stateme emit.
oeufomiy the requirements OF their charter, IN.
Oonpsny publish the following statement:
AAssnt Of unearned premiums slst Of May,
received for The year end 'ae' %
Mx M 81 Nay, 1859:
On firs Risks. .S5sS,927 g.
On Asns T4,7ol s4-sssl $40 oa
1 s:.l pss%n% ~ MAINTAIN: -, "
Return premiums H,1s4 1880 IL
H9sssnsd premiums. sls May. 1859 ss50 ss5 20
o. ssTsr REX, .sts ~
On Marine Risks. 1issss II
p, cent ,,.....s. -. . '' Pf:i rs v
sniessa payable on scrps on 1867 and
Rs-iasaraness and expense. less into $3.50
l5,ZlA 8J-4667 81 As
Not profits slal7el IS
r. s s.1nsa p premium. :, ss55
S'sn returned 1880 70
Not earned premiums participating in the profits.
Tho Company have the following assets: -
BINS receivable for premiums Ss1M 70
Invested In notes secured mortgage pledge eiIG Ks
1ens socks. lI0,648 %
Duo for premiums in course Of collection s q
1.,. h.,.,,. .,,,, =, ,a,r sl,o7s,2ss IS
Interest payable scrps ISL and 1853 asS e 2so 40
Total amount Of assets ss6s2s9 is
- STATE OF LOUISIANA
Parish or Orleans City Of New Orleans. !
Be remembered that day. June 1889 before ma
the subscriber Justice Of the for the city sfos
said, personally appeared JOHN PEMBRRToN. President
and CHARLES LEsAssIER, Secretary Of Merchants'
Mutual assurance Company Of New Orleans being duly
swon according y law did say that the above
past
Of said Company
JOHN PENBERToN, President.
CHAs. LESAssIER, Secretary.
Sworn to sad subscribed before me- day 1859
ARTHUR sAUCIER,
Third Justice Of the Peace for the Parish Orleans
Ataspeca eeng Board Of Directors held this day.
was resolved 70 declare scrip dividend of rs per cent on
the net earned the Company for the wear ending
On the sls Of Nay, 1859 for which Issued
o. and ssrths st Of Augus Also redeem
ser Monday July next the balance Of the scrip
q 1851 with thereon 10 pay DER cent
interest On the scrip Of 1858.
& o. Nelson. IJno Pemkeston, II
jim Nevins r. Poutx
Goo. Connolly, B.P. Voorhees,
f.Naspero. G. Honold,
G. II. slocoms. g. uiIenberps,
ell I'm B. o. vensud
STATEMENT OF THE AFFAIRS
STAR INSURANCE COMPANY,
For tho
YEAR ENDING MAY 81, 1859.
Amount Of Premiums received. .$l51, 100 "A
Amount Of Unearned Premiums. Msy ST. 1885, 49,. 1854 90
.. sln.sg ~
Viz: Prsniums on Fire Risks. .ssosss SO
Marine Risks 6S,S08 Is
River Rsks.......... o. 500 Sc
17l,s4s ~
Less Premiums Unssrned and transferred
peg, year. ,..'.....,........ 9l16 %
2s,s4s 81
Amount Of Earned Premiums ............ l46 500 50
Paid Losses Fire Risks. .............. 254l6Oe
Marine hfsks............. l7la0 Is
River kisks............... 4aD 80
Reserved for Losses not paid 100000
Paid 10 per cent. r. Premium
a
Less Premiums eancelled..... 2I67 81
slsa,77s So
1871 50
I.ess Is per cent. on s23l7 as
above..................... 3,476 40
Paid Rensurances. Observation-Disclosures. 2033 Sc
Phid Expenses. 2O332 81
Amount Of Profits ...........-... 1894 %
Deduct, a. per Resolution OF 4th June, 1883
Fay 10 per cent amount Of Profits. 1880 ~
10 cent on amount Of Capital ts242,loN 22O 90
2s,540 - |
Net Profits. l4764 ~ |
FOR Assured 1s.......... 1882 Is
iors ocHnolue's 1s...'.................. 1882
Amount of Premiums above. l5l "A
AsS fremioms cancelled. .................. 2l67 g.
Amount participating In Profits. ......... 1891 81
The Assets of the Company are
Bills Receivable amount Of Premium Notes q s73 IA
Amount Of Investments. SOB 4S3 Us
s27,4s6 q |
ossn on hand. 81, $50 30
Premiums due 1906 "A IA. sass,
Less 10 per cent R. Premium. ........... 1897
r,7ss OF |
,-or.,,. ,u ,oxo $685. 50
OF LOUISIANA |
Parish Of Orleans, City of New Orleans. |
Be remembered that 9Th june 1889 before me-
the subscriber Justice Of the Parish and
State Aforesaid personally appeared Placde Fosa Pres
e and Emile DeBuys Secretary of the
psny whs being duly according to law depose
that the above true and correct
transcript from the Books of the Company
PLAC1DE FORSTALI. President,
EMILE DEBuYs. Secretary.
Sworn to and subscribed before sixth dsy Of June
1852 ARTHUR SAUCER,
Third Justice of the Peace Parish of Orleans.
DIRECroRs:
T. Forstall, W. c. c. Claiborne,
P. A. Giraud j. E. Beylle,
A. F. Elliot G. W. Logan,
A. j. Watt, E. Duplanier
]. B. Psuche, Jr
!. FoRSTALI. President.
EMfLE DEBUys, Secretary. je9 I'm
SIS
cers and dealers In Northern and Western Produce Nava
Stores etc., etc.,
No. ss SOUTH COMMERCE STREET.
Mobile Ala.
ADCash advances made consignments friend
In New Orleans fe15 sm
WIDOW A. COSTA, SUCCESSOR TO ANGELIC |
w Costa has on hand and offers for sale
500 bills. Mess, Prime and Rump Pork.