The Planters' banner. [volume] (Franklin, Attakapas Co., Lou.) 1849-1872, 1870-01-19
Mound City Mutual Life Insurance Com
pany, of St. tLouis-Louisiana Branch.
Corner of Camp and Common streets,
New Orleans. January 3, 1870.

corner of camp and Common streets,
New Orleans. January 3, 1870.
AT the annual meeting of the Board of
Directors of the Louisiana Branch of the
Mound City Mutual Life Insurance Compa-
ny, Of st. Louis Mo-. the following gentle
men were elected Officers and Directors for
the ensuing year:
Gov. c. II. Mouton, President; Judge f.
T. Merrick, Vice President; Gen. B. B.
SHINES. Secretary; James jackson, Major
Octave Voorhies, Thoms Fitzwilliams, Col.
F. H. Hatch, r. S. Morse, Robt. Hare, Di-
rectors; J. N. Folwell, and j. b. Ritchie.
Medical Examiners.
To the President the Board the Lou
isIana Branch of the Mound City Mutual Life In
surance Company, of ST. Louis, Mo.
GENTLEMEN-The close of the mouth of
Deceuuet completes the first Annual Report
OF the business of this Office. together with
the usual monthly statement I beg leave
to tender you my sincere thanks for the inte-
rest you have shown, the aid extended to me
by your presence. and the influence of your
names in forwarding my exertions. l think
we have cause TO congratulate ourselves On
the success of the last years business. as
shown by the report, when we take into con-
sdsratlon that our company was organized
little over one year ago, and was not known
in this city until the 18th day of December,
lo6o-having also to compete with twenty
three lite insurance companies, located in
this city, many of them of long standing and
higa character. together with the fact that
money for the past year has been extremely
scarce and difficult to obtain.
It is not alone the amount of business
DONE but the character and safety. The
majority OF our policy holders are. as you
will see the most respectable and influential
men in the State; and it is remarkable fact
that-while Louisiana is regarded by the
North as the graveyard of the South, and
iie so uncertain as to require certain re-
strctlons on travel and residence, and extra
charge for risks by Northern life companies
out OF S3OI2.OOO risks taken by this
branch, all within the limit of our State, we
nave not met with single loss. This is un-
preceoented in the experience of Life AS
surancr, aud is greatly attributable to the
honesty and extreme caution on the part of
our medical examiners. Life Assurance in
Louisiana. previous to the late war. was but
little considered aud understood. and the
deep and general interest which has been
awakened to its beni6cent provisions, is
doubtless owing. in a great measure to the
general calamity which followed, and has
caused general desire on the part of our
people to avail themselves of this safe and
convenient method of satisfying alike the
obligations of honor and affection. The re-
cord Of the Louisiana Branch of this COM
pany fully proves the fallacy Of extra risk
imputed to climatic influence. SO far as this
State is concerned; nevertheless. it is to be
noted that the high standard of personal re-
sponsibility to which individuals are held by
our social system. renders company liable
to losses. which it is the part of prudence and
1t will be my aim. with your continued ala
to exercise due vigilance and discretion on
this point. not usually considered in connec
ton with Life Assurance. With another
good crop | am sanguine of being able to
double the business of the past year. Re-
lying on continuance of your valuable in
huence and interest in forwardino tha o,od