New Orleans Republican. [volume] (New Orleans, La) 1867-1878, 1870-10-29

INSURANCE.
OUIsIANA STATE MUTUAL ENSUR.
ANCE COMPANY.
TENTH ANNUAL STATEMENT
Tetaa premiums for the year ending Sep
TENDER 30, 1870 viz ..................$l2246s Ia
Fire premiums ................s52ss5 81
Marine premiums ............ 1906 o.
River premiums ......... 3, 3o7 19-1a2,4oS Ia
Less premiums returned...... 1856 !"
Uhternnated premiums...... 1921 o. i',lio 81
Net earned premiums ................slo6,sS 2 81
Losses paid:
Fire losses ACKNOWLEDGEMENTS ''~'V %
Marine losses. .................. o,i'o u
River losses. $3.50 10 lo,o'' %
Reserved for unsettled claims 5000 w
Reinsurance ................... 6,2c9 s.
Fifteen per cent rebate 6,896 06
Taxes and internal revenue. 1888 OIL
Expenses rent and interest,
less interest and profit and
loss .............1 2517 Or 56,554 %
Net profits. 1913 IL
The Company has the following assets:
Bills receivable 431 80
Premiums in course Of collection. ........ 1885 IA
Loans on pledge ................. 2O5oO %
Loans on mortgage .................... 2l,o0O 90
One hundred and fifty shares Bank of
America NEUTRALITY-SUSPICIOUS.. ZS,e}o w
Two hundred shares Union Bank ..... 1000 %
Five shares Louisiana State Bank........ 4s0 %
-Four shares Vallette Dry Dock. $500 90
Five shares Good Intent Tow oat........ 800 90
One hundred and seventeen shares Union
Insurance Company ................... 1855 90
Fourteen shares Harbor Protector Com
pauy. 1uV ny
Real estate Observation-Disclosures. 6OOo 90
Fifty-two bonds, s 1000 each, city con-
sOGdated 1880 %
Scrip sundry insurance companies ... 2sOS7 60
Two bonds city seven per cents. 1850 %
Cash on hand ................ 1887 81
Subscription notes ....,.......... 80 o9e OIL
Total ACKNOWLEDGEMENTS. SCI 81
The above statement is Just, true and correct
transcript from the books of the Company
E. GANUCHEAU, President.
WALsAM CRuzAr, Acting Secretary.
STATE OF LOUISIANA,
Parish of Orleans, City of New Orleans. )
Sworn to and subscribed before me this thir-
.eeoah day of October, 1870.
PAUL Z. THBARD,
Judge Fourth District Court, Orleans.
The Board of Trustees have resolved to pay Six
Per Cent interest the outstanding Scrips, on
and after the second Mopday in November next
and have further declared scrip dividend of
Ninety Per Cent the net earned participating
Sort ba Sapt
e.,.a, ,o- .so Ne 80 ~ ud at,sr
the first of December next.
WILLIAM CRrzAT, Acting Secretary
Elected on the twenty.sixth September, 1870.
A. Baldwin, D. Bouligny
&. T. Biancand' L. H. Gardner
A. Elmer Bader, J. Lapene,
O Rercier O. HOPKINS
Iosr n " No.,
~
Charles j. Leeds E. Boraeie's'
+. Laborde, A ii. White
Emile Dupre R.F Theure-
"pis' A.
in wagner, Charles kepanac'
L. Noulor, A. Palaco,
Jobp Rrunaso William HeyI
B. Huff, A. socola,
Josaph Simon s. Hermann
A,a~,,asr Marie Rar,afo,
nEERCHANTS, INITIAL
NJ HAO
INSURANCE COMPANY
,u o,,prs
NE" OnhbaNSi
an. c, $1,000. M
AV4''"''''''''''Na"Ai S'ieet'''.'.''''''''AV1
,u,, rn-
SIXTEENTH ANNUAL STATEMENT.
r, r... ,,., +.o -our;-ar,.r. nc +i;
IN coniG l wiz, .Lo W. f1 % tnei
"snt: ...o;,,oa arr;r, +b. ,,.o, ordi,u Nor
., t I'LL 49, ni $50 49, ~ 10y
vious year =,
IN ERE rlsks p 1893 o.
On Marine azO,5 90 90
WI h''er I"ofo %