New Orleans Republican. [volume] (New Orleans, La) 1867-1878, 1871-12-22

INSURANCE.
MERCHANTS MUTUAL INSURANCE
COMPANY OF NEW ORLEANS.
Ne. 1O4 Canal street.
SEVENTEENTH ANNUAL STATEMENT.
In conformity with the requirements Of thei
charter. the company publish the following state
| ment:
Premiums received during the year ending Ma.
81, 1871. including unearned premiums Of tn
| previous year
VI hre rlSKs o1o7o73 u
On marine rlBkG.. l38US B.
On river risks 2396sO q
Total premiums .............-....el d, lo1 ,os2 g.
Lees unearned premiums. ........,... 222, Az Oh
Net earned premiums, May 81, Ill.,. ee7s.64o g.
! Losses paid
| On fro risks. 1923 $50 81
On marine risks........... 69230 n
On river rlsk2.. r. s9l g
Total. &S7I BIZ u
Iaxe6.. 1881 II
Reinsurances and return
premiums ... so.0s2 81
Total. ss4s, se6 IS
Deduct interest. less ex-
Observation-Disclosures. $3.50 rs e6lsls5 60
e2e3, 500 o.
The company have the folloping assets-
Real estate. ........................, eIlo,Sss II
City bonds. ......................... 254,05O 90
Bank and railroad stocks. 37456 90
Notes secured by mortgage. ...... 40 $50 so
Notes secured by pledge. lo3,se6 go
Bills receivable. Observation-Disclosures. Sites -
Premiums in course of collection...... 62.Oe3 81
state bends. ACKNOWLEDGEMENTS. 500 90
Scrip of other companies .......... 6ll2 50
stock Of vallette Dry Dock Company. 1880 90
Stock of Levee Steam Cotton Press.... 1900 %
Stock of Marine Dry Dock and Ship
Yard Company Observation-Disclosures. 800 90
RarbOr Protection Company. ......... 500 90
Mortgage bonds Grand Lodge of Louiai.
ana. ACKNOWLEDGEMENTS. 2,ooe 90
Mortgage bonds Turner's Association. 1900 90
Mortgage bonds Odd Fellows' Hail.. 500 90
Stsck Opera House Association. 80. 5000 90
Judgments. .......................... 1874 10
Cash on hand. ACKNOWLEDGEMENTS. 39l 362 SO
Total assets. q, 4s3, ,es s.
ess-Cnclaimed interest
and interest payable
July next on all out
standing scrips Of the
company.............. e7e74s 90
lssues of scrip for tho
years 1863, 1864 and
1865, payable in July. Its, $50 90
Cnearned premiums ON
Nay 81, l87l...... 222422 o. e48l Os7 o.
sl,sn l3l s.
The above statement Is . just. true and correct
transcript from the books Of the company.
p FOURCHY, President.
g. ". MOTT, Secretary.
STATE o. LOrIslANA,l
Parish of Orleans, City Of New Orleans.
Sworn to and subscribed before me the third dav
Of June, 1871.
JOSEPH CUvILLIER Notary Public
At . meeting Of the Board Of Directors, held on !
the third day of June, 1871 it was resolved to de.
clare scrip dividend Of thirty per cent on tho net
earned participating premiums for the year end. |
ng thirty first of May 1871 for which certificates
NIL be issued on and after the first day of August
1eKt. Also, to pay and after the second Mon.
lay in July next the whole issues Of Scrip for the
1ears 1853 1864 aud 1865 and six peg cent interest
II all outstanding scrip of the company.
DIRECTORS:
r Foarchy. L. P. Generes,
P. Msspero. .PS wilts,
b. McCoaId. ST. Ref
N. Puig, Joseph How.
D. 4 Chahraix, Charles LATTE,
ies ly j. Fernandez
NEW ORLEANS MUTUAL
INSURANCE COMPANY.
NICE Corner Of Camp and Canal Streets.
ASSETS DECEMBER 81, 1870, 500. ~ o..
rof;s on each department separately to the in
1IeG. - TUfES. President.
George Urquhart, n. Payro,
a Rocnereau, Placide Forstall
&. W. BabcOck, Augustus Reichard
4. Schneider Ernest Miltenbereer
r; Bailly Blanchard. j. Tuyes
myl2ly
NRESCENT MUTUAL
sURANC COMPANY
Twenty-second Annual Statement.
NEW ORLEANS, May 10, 1871.
The Trustees, in conformity to the charter sub
1t the following statement of the affairs Of the
mpany on the rhirtieth day of April, 1871:
re premiums for the year.. 8 1886, 572 50
Arlne premiums for the year 7O,l95 81
yer premiums for the year. 222,6l3 50
Lrned premiums less reinsurance and
return premiums. Observation-Disclosures. 6 400 OlO IS i
Losses paid and estimated as follows: T
/ fire risks. ......$X 1873 95
marine risks. 9l9S O9
river rsks..... 1859 49, 4
-S lS1 6S4 ~ I
xes paid and estimated... $3.50 Il a
'count in lieu of scrip, "
stamps expenses, inter o.
est account, etc. less dis P
count, etc. .......,.. 81 lO3 50
23l,5 572 81
Leaving net profits. el6s, 453 u 81
N,-c