The New Orleans crescent. [volume] (New Orleans, La.) 1866-1869, 1868-08-19
INSURANCE..
NINETEENTH ANNUAL sTATEMES1

New Orleans. May sS, 1895.
The Trustees In eOnform,tyo thechsrter submit the O
owing statement the Affairs of the company the Both
lay Of April, 1858;
Fir Premiums for yesr..............s 2S.ln 81
Z srine Premiums for year s4.062 IS
River Premiums for yeAr.....s. H7.es4 -
Total net earned Premiums. SALSA IS
Fire 10 paid and estimsted.....$ 800 IS
N srne. ..................... b.Uf 10
River. oo-of<H
Pad Taxes. zoOly d
Paid relnsursnces and discount in lieu
Of scrip. ........................... 6OlU5 81
p aid interest, return premiums gen.
sra expenses less discount etc.. a64s %
Ne. profits. sa@s
The Company have the wing Assets:
Bills Receivable. 94s4 20
Loans bonds and MOrtgage........ 6s.Sls
--sIOs.su 60 |
Cash on hand l04. 577A
Loans on pledge Of stocks on CALL. s. 400 %
Loans pledge of stocks time.... II 5000
Real Estate. I5.UuW
Scrips of other Companies and scn
account. to.Voz 70 N, ~, 40
Consolidated City Bonds. ............ $1,000 90
City Bonds. socSO W
Bank anu 0'n'' szs.u7 IT
Coupons for City Bonds past dus.... $50
Due for Premiums in course Of col
lection. froO W
,7galSs
The Company have also:
Su spendsd Notes, Stocks ana Bonds. So 800 Il
Forfeited Scrip sccount..-.......... IUS ~
Interest uncaled tor...............".s 1850
The above statement Is and correct transcript from
the BOOKS OIL 'he company ,.,....
HExHT V. OGDEN, Secretary
City Of New Orleans !
Sworn to and subscribed before me- this 2Sd Of May
1868. PARIS CHILDREsS,
Second Justice Of the Peace,
Parish Of orlsans
The Company will pay at per cent In cash
all ts Outstanding Certificates of Scrip the legal holders
thereof and after the second Monday in June next
The have also declared Scrip Dividend
of THIRTY THKEE AND OHE-THIRD per cent on the
earned premiums part cpstiOn for the end
ing April 80 1862 which certificates will be issued and
ssr the hrt Monday in August next ofGOvenmsnttax
THOMAS A. ADAMS President,
SAMUEL II. KENNEDY, Vice President.
HENRY v, OGDEN Secretary.
TRUSTEES
John Watt OF. Buddechs.
Samuel B. Newman. r. H. Foley,
VIM Edwards, A @. ober,
p simms A. Thompson,
John Phelps.
MEKCHANTs' MUTUAL INSURANCE
COMPANY OF NEW ORLEANS.
In conformity with the requirements of their Charter, the
Company publish the following
STATEMENT:
Premiums received during the year ending May 1863
cluding unesrned premiums of the previous year;
On Fire Risks olo'oo4 -
On Marine Risks. <SofS4
On River Risks 9oS o.
Total Premiums. Isl, 9o2 Y
Less Premiums Unesrned Slst May,
1853 ............................... oS4I W
Return Premiums. 3En VS. E'oSlS W
Net Earned Premiums Sst May, ls6s......S 9O go IS
Losses paid:
| On Fire Risks. .......SNl,zzo 81
| On Marine Risks. l7SsfO IS
| On River Rtks.........,...... 42szs 70
49, s49IOs6 81
| Taxes............ zoUlo Oh
| Reinsurance, Expenses, Proht
and Loss, less interest .... luz, zH " oziS4 %
Ns.pron.. Nl:sls J!
The Company have the following assets:
Real Estate. loSoif 81
Notes Secured by Mortgage 6e,5J1 s.
| Note. secured bv Pledge .,............ 80 l47 2
Cash on hand. Haf1o =
Premiums IN course Of CoIlection,..,..... s0753 g
City Bonds. SSUO
Bank Railroad Stocks. lOAzU
| Rnls Receivable .,.,.,............. lz7.l5i 2
scrips Of Mutual Insurance Compsnies..... 40SDo y
Stock Of vsliette Dsy Dock Company. laOO o
| Levee Steam Cotton Press........ 5000 0
Marine Dry DOck. SIWO
| Merchants Exchange. ........... LOU .
| Tightening and Wrecking Co... LOO
| Louisians Equitable Life FMS. Co. $50 Q
stste Bonds northumberland. 1900
/ Total. .......Sl,4oo,4l4
Unclaimed interest and interest pay
able IN July all outstand-
| ing Scnps Of the Company .Sl0l, 2i6 Is
| Thirty.6ye per cent Of Scrip issue Of
| 1859, payable in July. W63 70
unsarped Premiums slst May, 1861. 2ss OO-ss9s7ss
sIO676ls
The abeve Statement just true and correct transcrI
| from the books Of the Company.
JOHN PEsBERToN, President
PAUL FoURCHY, Secretary.
STATE OF LOUISIANA,
Parish Of Orleans, City of New Orleans
Sworn 10 subscribed before this 9Th day OF Jun
1868 PAUL W. CoLLESs'
| Third Justice of the Peae
Al meeting Of Board Of irectors, held Gu the
day Of June 1863 resolved to declare Scrip DivideI
Of THIRTY PER CENT. on the Net Earned Participant
Premiums year ending SOh May 1863 for which
tfcates issued and amer the first day OF ugu
pext Also TO pay on and after the Monday Ju
next THIRTY FIVE PER CENT. ON THE SCRIP Issu
OF 1889 and SIX per interest all outstanding Ser
of the Company
DIRECTORS:
lid ord