New Orleans daily crescent. [volume] ([New Orleans, La.]) 1851-1866, 1860-02-29
OFFICE OF THE SUN MUTUAL INSURANCE
COMPANY OF NEW ORLEANS

/
| " COMPANY OF NEW ORLEANS
| FoURT ANNUAL STATEMENT
MY ORLEANS january H. 1860
In conformity with the requirements Of their Charter THE
| sun MUTUAL INSURANCE COMPANY publish tho fol.
lowing statement
Amount of premiums received for the year ending
December 81 1850. s75s gas ~
Amount Of unetrninated risks ls December 1ss Io5s 90
Total amount of premiums for the year ending 3ist
December, 1853, viz .........s......... Isl 1sn %
For premiums Fire Risks ........ s9aa GIG az
For premiums Marine Risks......... 25s $50 az
For premiums River Risks ........... 2a56sl o.
Los. nrsn,in,,. M ,.. -. ,.,.,...., s6a, $50 %
slst December, 1852 ................ 1s0,s62 90
Return premiums, 34lS "a
=-..==# 1880 81
Net premiums for the ending slst December, -
100 100 So
Losses paid during same period viz;
On Fire Risks. ...,...................s3o0ei $40 SO
On Marine Risks ACKNOWLEDGEMENTS. CO. 100 40
On Riye Risks ACKNOWLEDGEMENTS. 705I6 Ga
44o4s7 40
Deduct discount, interest and savings
less reinsurance expenses, etc 49,. 1880
- $3.50 %
Net pfofs for the year ending slst December 1885, 1893 70
The Company have the following assets viz: -
Invested in Bank Stocks City and State Bonds Coo 10 90
Loans on Pledge OF Bank Stocks and City Bonds 555O
bs receivable At short time Tor premiums 1880 27
PREMIUMS due in course OF collection s415 SO
Grip Of suadry Insurasce Companies ls404 90
eash on hand ll50os G.
eel amount Of assets 81 5n6,7aa IS
STATE or LOUISIANA, PARISH OF oRLgAss3
City of New Orleans.
Be It remembered that 18th day of January 1850 he
fore the subscriber Justice of the in and for the
city aforesaid personally appeared To soo President and
James Edwards Secretary Of the Sun Mutual Insurance COM
pany Of New Orleans who being duly according to law
do deose and that the above JUS. true
and correct transcript from the books of said company
,z, 49, 81 THos sLoo, President
Sworn and subscribed before this day of January
1850. D.F MITCHELL,
Second Justice Of the Peace Parish of Orleans
The Directors resolved pay SIX
PER CENT. IN CASH, on the outstanding Certificates of
Profits holders thereof their legal
the 18th day of February next Also declare
dividend of FORTY PER CENT 40 per CENT? the net
premiums the Company for the year ending
3ls 1852 which certificates will be issued the 18th
March next.
The Directors after reservine ONE MILLION OF Doll
LARS profits further resolved that all the outstanding
Certificates Profits Of the of the year 1856 redeemed
paid the holders thereof their legal representatives.
and 18th day February next The Certificates be
the time of payment for cancemen and
on same to cease after the 3lst December 1859
THOMAS $780, President.
JAMES D. nENEGRE yice-President
JAMES EpwARps Secretary.
DIRECTORS.
James D. Denegre E. j. Hart,
A. d. Kelly, John G. Kicks
Hugh Wilson, J. H. Stauher
j. Y. de Egana, H. T. Lonsdae
Henry Renshaw, John G; Gaines
A. G. TTemouiet, Thomas soo.
jail I'm
CTTIzENs INSURANCE COMPANY
- Office No Carendelet street
Capital, s37I,720 IS.
oMER GAIILARD, President. A. sGHRIEBER, Secretary
TRUsTEEs.
GEO. ~ nes, r. P. Hunt
james A. White, NJ Nnsson
Douglas VEST Mart,r f.o.a,n5 T.
- oaiisoi, Numa Augustin,
a.. sa'enoefger Cesaire Olivier,
]. Lesy, A. Bohp
omer Gaiiard.
company insure against the pers seas and ryerz
aha os and damage BY fire the rate Of premium
dc ly