The New Orleans crescent. [volume] (New Orleans, La.) 1866-1869, 1868-02-19

NEW ORLEANS MUTUAL AxCE
COMPANY.
EIGHTH ANNUAL STATEMENT
Premiums during the year ending slss
December, 1901
| On Fire Risks. ..-.......-.........-.s $50 ISIS
On Marine kishs.-'-....'''.-...'..'.' 6stsS "a
On river ksks..... .........-....... Zzf9 81
Total Premiums SAL sB
Less Premiums uneArned slst Deem
Der, 1907. ...........................s Sis So %
- n9f7
Net earned Premiums. s29l ss8
Loses:
On Fire Risks.....-................... S59,76l 50
On Marine Risks Glass is
On River Risks. 1902 a
sIUf3s 2
fsxes.......... .............. 1850 8
Rsnsurances. 5214 81
Expenses. less interest aOcOunt..-.... lO,ls0 50
- slsLO7s s,
PrOht....... ...................... s971l9 ID
The Company have the following assets:
Bills receivable for Tremiums......... Ss 81
Notes secured by pledge and mortgage A93O7 "
Due for Premiums in course OF eolec-
uon.....-............ ............... o. 81 81
Gas Light Company, City Railroad
Company Stocks City Bonds etc. 1883 a
Scrips Of sundry Mutual Insurance
Companies. .............. 1886 %
Cash on hand. ............. ........... s3T7 50
$63a3 o.
Less depreciation on the sboYe......- 1850 49
s56o77a Go
Less unearned interest on Serps..... S7O39 70
Interest payable On outstanding scriPs 20 SO 90
sss6.,sl g
The shove statement is and transcript from
J. TgYEs. President
J. W. HINCKs Secretary
SrArE OF LOUISIANA
Parish OF Orleans, City of New Orleans.
Sworn TO and subscribed before this th day January
1868. PAUL ". CoLLENs
Third Justice Of the PeaoS
The Board Of Directors have rso we'd to declare Scrip Div
idend Of Thirty Per Cent he participating pre-
miums for the yea ending 3st December 1867 which
serfeaes will te ssued and after the second day of
March and have further resolved pay Six Per
outstanding Certificates OF Scrip and after the second Mon
day Of Ma oh, 1903.
George Urquhart Charles LATTE,
A, Roche-eau, J. NJ Lapeyrs,
@. W Babcoek, A. Schrber,
i. B. Blanchard John Gaucha
VIM. Stevens, W. T. Williams
j. A White, J. Tuyes
Ofice-lll Canal street
clone MUTUAL
LIFE INSURANCE COMPANY,
OF NEW YORK.
100000
PL1NY FREEsAs..........'......... President
JSo HHRbTssfK; Vice Presidents
H. O. FkEkA Secretary.
An Policies issued by this Company Non Forfeisaba
Premiums payable in Cash. therefore Losses are
payable IL "Nsh, without deductions, for notes
Dividends paid Annually, IN CASH
Bates will favorsbly those Of any otter Com
pany in tie UAited States
Its losses have BEEN and always paid promptly and
without litigation unnecessary delsys
1t ranks numbers of influential citizens among its
policy holders
II is modern Company, organized in accordance With
modern requirements and offer Inducements superior to
those offered by the majority OF other Companies
It's Officers and Directors Of we'll expe-
Renee in the business Of Life Assurance
The Non-Forieure System originated by the President
If this Company.
1t issues Policies all % the following plans COM
NON LIFE, TEN YEAR, ENDOWMENT and JOINT
LIFE
1t also grants Annutes on the favorable terms
From and after January l 1868 parties desiring II can
of their Policies guaranteed By the
tate Of New York.
Policies written for amounts ranging $1,000 to soS
m a single life.
For particulars rega ding rates. etc, applyto
J. c. sHIPLET, Agent
Camp street, New Orleans.