New Orleans daily crescent. [volume] ([New Orleans, La.]) 1851-1866, 1860-12-14
INSURANCE.
VyHIRD ANNUAL sTATEmENT
--oT Fig
CITIZENS MUTUAL INSURANCE COMPANY.

Tng-
oTTIzENg MUTUAL INSURANCE. COMPANY,
The following statement of this Company ia
hed in conformity with the requirements of their charter u,
Amount Of premiums received for the year ending
3Jth November, 1889 S42 40
Amount Of unterninaed Risks 31h November 1883 62Gs 90
Total amount of Premiums for the year ending Both
November, 1850. .....................-... -. s1S
w. ...- -
Premium Fire Risks. .................S 224 los on
Do on Marine Riaks.,.........-... ,20s8
Do. on River Risks. 45,9z4 Al -,
Less Premiums on Risks not terminated on
For s ls1grS ~ P ls5s 7 ss g
Losses paid during same period viz;
g g k kivsl a Eiss' s5s r &
Reinsursnees, Expenses, ete..,......... 44,G7l Is
s267,99la
Less Interest Discount Profit and Loss, etc. 1887 II
Net earned Profit for the year ending s0th
November, $3.50 %
The Company has the following assets, viz:
Bisreceivabe at short date for Premiums S574GG
Due for Premiums in course Of collection q so
invested secured By on Real Estate
worth double the amount due thereon s2os7 81
Invested in CITY Bonds consolidated a47e &c
Invested in FIRST mortgage construction Opelousas Rail-
scrips o Mutual Insurance Companies. 7o5a %
Cash on hand s21A IL
Totalannouns Of Assets. z29 .
STATE or Lours14nl
Parish of Orleans city Of New Orleans
Be remembered that this 18th day Of December 1859
city aforesaid personally appeared omer Gaiard President
"a Of @ beng g sccone
do depose and that the above accounts are inst and
true and e. 194i E 5.s
q; scHREIBER, Secretary;
5 to and psisf 6SS{
Third Justice the Peace for the Parish of Orleans
The Board of Trustees have resolved to pay per cent
and iss and after The second IN February next
Cent earned Premiums of the Company the
year ending Neveber 30 isss fSI T9ieh Gsrcates VIII be
-TEUs1EEs-
g aso. y y: Witt Wit. Ri B Il aH Hsns,
Douglas West, Martin Gordon Jr.,
Ar Miltenberger, Cesare Olivier,
J.Lesy. 4. Bonn,
The Company costume against pers Of
and rivers and loss and damage by FIRE. Ct the current rates Of
as- Office No Carondeet street. dis
4 yoUIsIANA MUTUAL INSURANCE COMPANY
New ORLEANS, March j, 1850.
In conformity with the requirements OF their charter, the
Company publish the following statement:
Amount Of Premiums received from LIST March, 1889
10 the 10th February 1860 1851 627 81
Amount of Uneaned Premiums March 1st 1882 903I4 90
s77lan 81
VIII
Premiums on Fire Risks 1907 5T "a
Premiums on Marine Risks..,.......... 280,263 3s
Premiums River Risks. Is4,120 SO
SIT, a4I 81
Less Premiums unterminated. ...........S 6T,578 90
Return Premiums. ACKNOWLEDGEMENTS. S,Ta
s9l,so5 81
Net Earned Premiums for the year ending both Feb
ruary 1860. s6sO6s5
Losses paid during same period viz:
Fire Losses .Sl43,69 So
Marine Losses Observation-Disclosures. ISl,STl IA f "
River Losses. .........,............. 5,l34 81
ss826g7 a
Reinsurance and Expenses, less interest,
discount, etc. OBSERVATION-DISCLOSURES. $3.50 30
- s45,97s "a
Net profits year ending 18th February 1861 s2657 ls
The Company have the following assets:
Invested in mortgage or real estate worth double
the amount loaned thereon sO4 600 ls
Invested in bank Stocks cost. 4s3s0 90
Invested in other city bonds. s9650 90
Loaned on pledge of stocks and 49, 50
Bills receivable, at short time for premiums 222l2 03
Premiums in of collection. .......... 2s92
Insurance scrip, etc 5493l 50
Cash on hand. 1852 992 IS
Total amount Of assets. ss52s4s IS
- g.
STATE LOUISIANA,
Parish of Orleans, City of New Orle