New Orleans Republican. [volume] (New Orleans, La) 1867-1878, 1870-03-27

INSURANCE.
| GuAKDIAK MUTUAL LIFE IN
sURANuE COMPANY. OF NEW YORK.
sa5lished In. 1859.
ALL Policies NoN-FORFEITABLE
CASH OR THIRD LOAN PREMIUMS
NO NOTES REQUIRED.
Last Cash Dividend FIFTY Per Cen
Dash assets over. SAuoHu
Policies In force. lo,Uuu
Annual income ............ .............. 10000
Losses PAID since 1852 JU,UU
OFFICERS:
W. II. PECKHAM. President.
W. T. HOOKER. Woe President.
l. McADAM, Secretary and Actuary.
G. A. FREDRIKAR, Superintendent of Aeencie
DIRECTORS:
Hon. John A. Dig. New York.
John j. Crane President Bank Of Republic.
William NJ. Vermilye, Banker. Wall street, Ver.
milye Coz
Charles G. lockwood, Cashier Newark Banking
Company.
Hon. George Opdyke. ex. May or OF New York
Minot O. Morgan, Banker.
Thomas Rigney, firm Thomas Rigney 90.
Benjamin B. sherman Treasurer New York Steam
Sugar Refining Company.
Aaron Arnold, firm Arnold, Constable 90.
Richard Ii. Browne, of Wetmore Browne, lawyers
e. v. Haughwont. firm f. v. Haughwont d Go.
William Wilkens, firm w. Wilkers 90.
Julius II. Pratt, Merchant.
William w. Wright, Merchant
Charles j. Starr, Merchant.
William Allen, Merchant.
George W. Cuyer, Banker Palmyra. 'f!sw York
George T. Hone. President Conthefital Fire In
surance Company.
John Il. Sherwood. Park Place.
Walton II. Peckham, corner Fifth avenue and
Twenty third street, New York.
Wiliam T. Hooker, " all street
Edward II. Wright, Newark, New Jersey.
George W. Farlee. Lawyer.
w. L. Cogswell. Merchant.
JOSEPH MAGNER,
Manager for Louisiana and Texas, No. l5s Com
mon street. New Orleans fels 2y
m w Il N tt tn ANNU AL
STATEMENT
CRESCENT MUTUAL INSURANCE COMPANY
New Orleans. May le. 1859.
the Trustees, In conformity to the Charter, sub
nit the following statement Of the affairs Of the
Company on the thirtieth day of April. 1859:
Fire premiums for the year.. .$23l 1888 Oh
Marine premiums for the year. 1851 SO
River premiums for the year.. 377ls4 bl-S765 4s7 sc
-
Total net earned premiums .s655,sls
Fire losses paid snd estimated. $65, $50 Al
Marine losses paid and esti-
mated. ........................ 5151o Is
River losses paid and estimated 1851 10
Paid taxes. ACKNOWLEDGEMENTS. 1874 u
Reinsurance, discount in lieu
of scrip, interest on scrip of
1869, reduction on bank and
other stock, return pre-
mums, general expenses, less
discount, eto................,. lsua64 81
csrried TO contingent fund.- 1885 81 sos sls Sc
Leaving net profts...-....."........sla $4,000 90
The Company have the following sssets.
Bills receivable. ................ $333o2 80
Loans bonds and mortgages. $685. $3.50 l40 &c
Cash on hand. ..................s2235sa ls
Loans pledge Of stocks, on
call, equal to cash. LII, $50 o. 356 S73 10
Real estate. ..................... 10000 on
Scrip of other companies...... z2,Gl0 o.
Consolidated city bonds. 30W0 90
Clty bonds 90,oo W
Bank and other stocks cost
S3T, 100. LIZ, 437 IL 479,Ol7
Due for premiums in course of
collection go. ................ $3.50 4
S9l0,447 ae
The Company have also suspended notes,
stock and bonds. .$395,51
forfeited scrip, amount. ss25 50
Less interest on scrip. $3.50 "a
The above Statement is true and correct trans
cript frsm the books Of the Company.
THOMAS A. ADAMS. President
HENRY v. OGDEN, Secretary.
PARISH or ORLEANS, !
City of New Orleans.
Sworn to and subscribed before this nineteenth
| day of May. A. SHELLY,
Second Justice of the Peace,
| Parish of Orleans.
The Board Of Trustees resolved to pay interest at
elk per cent, in cash, all its outstanding certh
of scrip. and also pas fifty per cent, in cash
Of the issue OF 1885, to the legal holders thereof on
| and after the second Monday in Jun next.
| They have slso declared a scrip dividend Of Fifty
| per cent en- the earned premiums entitled to par
ticpate for the year ending April 3d. 1862 for which
certificates will be issued on and after the first
Monday liz August next, free of government tax.
THOMAS A. ADAMS, President
q. T. BUDDECKE, Vice President.
| Henry Y. OGDEN, Secretary.
| TRUSTEES:
| Thomas A. Adams, President;
q. T. Buddecke, Vice President;
samuel II. Kennedy, Samuel B. Newman.
| P. II. Foley. j. j. Garrard
| A. G. Obsr, A. Thomson
p. Sinms, John Phelps,
A. Elmer Bader. L. II. Summer
| my30Iy
T AFAYETTE FLEE ENsUKANCK
1 COMPANY,