New Orleans daily crescent. [volume] ([New Orleans, La.]) 1851-1866, 1859-01-03
INSURANCE.

INSURANCE.
SECOND ANNUAL STATEMENT
or
CITIZENS MUTUAL INSURANCE COMPANY.
Thsollowing statement Of the affairs Of this compauyis
published in conformity with the requirements Of their Char
ter, viz:
Amount Of Premiums received for the year ending
Amount Of unisrmnsted risks. on, soth November
oA~ao w
November 1856 49, .s295 4sl %
f''4 % on Marine slss issi .s
---.--s2e5 45l 90
Les. P5 sa1 "a Kinks not terminated ., Ga. m
- - - sssl42 IS
PTsiums the ending so Ne ono ..
vembor, 27S 81
Losses paid during the same period, viz
On On Ere Risks ::........."..s5 ,oss q
an Rixsp RAE s, ~ g
Reinsurancss, expenses, interest or sub
Bcription note, etc 1872 Oh
Less interest," discount profit and loss, ETC. 52s II
* - 1920 IS
Net earned prontfo the year ending soth
November lsSs...:..... $50 7 IS
The Company has the following assets, viz
Blsrecevable short date for premiums: 4O7 %
Bills receivable, being balance Que on subscnptiea
Due for premium. in course Of collection ss9
Invested in bank stocks. 1854 ~
Invested In notes secured by pledge Of stocks l059 80
scfips Of Mutual Insurance Companies.
Oasn on 1870 %
Total amount of assets SEQ 10
w. srxTr ov I ou,syAuA
P1 t5. Of RI az 6s New
.u6ssIbsI Justice he PEACE and parish
ran New sd S duly
and true and correct transcript from the books Of said DOM
pauy.
A.SoHREBER, Secretary.
s. Sworn 1888 ss es SslHk @ AZ Of D'''
Third Justice Of the Peace
The Board resolved pay interest six
cent in cash the scrip issued by this Company for
1885, the holders thereof their legal representatives.
and after the second Monday Of February next.
The Board Of Trustees have also declared dividend of
sixty cent D the net earned premiums Of the Com
pany for the year ending November 80 1865 which
hcate will be issued and after the 9Th Of February 1852
The Company continue to insure against the pers
and rivers and damage e the current rates
Of premiums. aa'~*'
oyycsANo. sCsrondeetstreet.
o. GAII4LARD. President.
GEO. W. WEST, Vice President.
A. scHRErBER. Secretary
l- a.ow w.., DraEofonss; p HIM.
James A. White, NJ. Musson.
W Antonio sai' Costa, cesai a H oilvisr
omer Gaiard. dio en-
I OUIsIANA MUTUAL INSURANCE com
- PANY OF NEW ORLEANS: 49, ,..e
In conformity with the requirements Of their charter the
Company publish the ,, Ing ,a,,
AMOUNT as q Fessans pssums
1l.e7s 8
Premium on Marine RiskB.......... H93b0 66
Premium ON. River Risks. l2O,826 20
..-,--- ~, ss71.o7ssl
as sssss yssa.ia;a. &c e
slOs.ss7 Is
rusry - 1854 z7s IS
Leases paid during the same PERIOD:
FIRE Losses l195 w
Marine n,xh, Losses e g
Expenses and reinsurance, less interest,
dooun'' etc.. aN6 IS
ssoi, 2ll IS
Net earned profits for the year ending February rs,
.$26s, 265 u
The Company have the following assets, viz:
Invested in mortgage realestHte worth double the
loaned thereon. Sl2 40 90
Invested bank stock $50 shares, st 25OOO
Invested incy bonds $4,000 at &c. 16 400 90
Loaned pledge OF bank stocks and bonds 3093 l6
Bills receivable at short data for 2t469 81
Real estate 1858 SO
Premiums in Of collection 16, 439 %
Insurance scrip etc. 3S0SO 90
Cash on hand. 1851 "a
Total amouptof assets. .s672 sos %
STATE OF LOUISIANA,
Parish Of Orleans, City Of New Orleans
Be that this 18th March 1885, before
subscriber Justice Of the Peace in for the aforesaid
personally appeared Charles Briggs President a.
Of the Louisiana Mutual Insurance Company Of
New Orleans who being duly sworn according to law
pose and that the above accounts and true and
correct transcript from the books Of said Company.
81. CHARLES BRIGGS, Presiden
n. P. JANvIER, Secretary.
Bwornto and subscribed before this 10th day of March,
4. D. 1858. G. NJ BRADFORD,
Second Justice Of the Peace for the Parish of Orleans.
The Board Of Trustees have resolved pay interest six