New Orleans Republican. [volume] (New Orleans, La) 1867-1878, 1871-11-05

i7NEw 04&ANS z
: = -
| INSURANCE. ="
NGRRCHANT1 MUTUAL INSURANCE
COMPANY OF NV oRLIAIA
Ne. 1Ol Canal seroee.
oBvRRTKRUTH ANNUAL eTATBNgKT.
In Conformity With the requirements Of thsi,
charter, the company pualish the following stata
| nent: .t-l....
Premiums received during the year ending Nay
| n, lsn. including unearned pEemiums Of ths
previous year
o. NE risks o7s7 % 50
On marine nako. lO30 90 81
On 1ivef risks.. ..................... 1as6oo .
rstal pseni~s................ ol,lel - q
Iess uneaEned premiums. N ~ -
Net earned prem,ums Nay 81, lsn.... esB,6lo e.
Losses paid-,
IN nfo nsks.. 80 81
IN marine r0ks........... 6e.530 ~
On river zisks.. D,7sl g
Total. os7l ,el3 =
Iaxes.... s................ e, s3l II
1etnsuEances and return
premiums. ........... oyoan
Total. esp, aes 5
Deduct interest. less ex-
penses................. $3.50 IS esls,lss %
Profit. cas- SOS o.
The company have the following assets-
koA estate. ol1O,066 II
City bonds. $4,000 %
Bank and railroad stocks. .......... 3lS6 90
Notes secured BY mortgage. llo,sa5 90
Notes secured BY pledge. loa,sss %
Bills receivable. Observation-Disclosures. SIZES -
Premiums In course OF collection. 6z,023 81
State bonds. Observation-Disclosures. ls00 90
Scrip Of other companies. ............. 6ll3 50
stock Of vallette Dry Dock Company. 1880 90
Stock Of Levee Steam Cotton Press.... $500 90
Stock Of Marine Dry Dock and Ship
Yard Company. ..................... $500 90
HaFbor Protection Company....... 1900 90
Mortgage bonds Grand Lodge Of LvuiGi.
ana. ........................... 5000 90
Mortgage bonds TuTnefs Association. 5000 90
Mortgage bonds Odd Fellows' HAIL.. 500 90
Stock Opera House Association. 5000 90
Judgments. ........................... 1914 10
Cash on had. ACKNOWLEDGEMENTS. asl - 90
Total assets d 4s3, iss 5,
Iess-Unclamed interest
and interest payable
July next on al out
standing scEips u the
company. e7e,7S 80
Issues Of scrip for tho
yean 1861, 1854 and
1885 naYAhlN n INV 17Q m
unesned premiums On
Nay 81, ls7l............ s0,Aas 90 e4sl os1 30
ol.oc9 i3l g.
The above statement - just. true and correct
Transcript non the books Of the company.
P. FOURCHY, President
g. ". MOTT, Secretary.
D.. TAriah Of Orleans, City Of New OEleAnA !
Sworn to and subscribed before mo the third DAY
a June, ISL
JOSEPH CUv1LL1ER, Notary Public.
tie third day Of June, ls7l it was resolved to d.
clare scrip dividend Of thirty per cent on the net
earned participating premiums for the year end.
ing thirty first Of Nay, 1871 for which certificates
win Be issued and after the first day Of August
next. Also, to pay on and after tho second Non. |
day In July next the whole issues Of Scrip for the
years 1862 1854 and 1855 and six per cent interest
on III outstanding scrip Of the company.
DIRECTORS.
?. Fourchy, L. J. GeneyeA
p. 4aspero, IS. Willis,
D. NcCoard, ST.. ReN
II. Puig, Joseph Hoy,
D. 4 Cha6faix, Charles LATTE,
NEW ORLEANS MUTUAL
INSURANCE COMPANY.
00ce Csr.er Of Canp and Ca.al streees.
ASSETS DECEMBER 81, 1870, esos,7s o..
psoat' on each department ssR@g.tslX to the IN:
J. v. s,scz,, Secretary. ''''' '''"0en'
Directors.
4 Rocheresn, Placide fcr,t.rl
g. ": Bebcock, Augustus Reichazd,
chselec nsstt. ns:t s aS,ss9asssFs'f
!; Reii1 blanchard. j. ru,ss
CREsCENT MUTUAL
N 8 U RANCE OMPANY
TWo0ty.oecOnA Annual StateRent.
NEW ORLEANS, Nay ls, 1871.
The Trustees in conformity to the charter, sub
nit the following statement Of the Affairs Of the
company on the thirtisth day Of April, 1871:
Ire premiums for the year.. $50 81 50
larine premiums for the year 70,195 81
liver premiums for the year. s22y6l3 SO
-- e47s, $50 90
'arned premiums, less reinsurance and
return premiums. ...................o $1,000 IS /
Losses paid and estimated - follows
N 6re risks. 799 9s
N marine risks. 1875 %
n river risks..... 72,639 IS
-el37,e34 -
axes paid and estimated. $3.50 II
iscount in lieu Of scrip.
stamps, expenses, inter.
est account, ETC., less dis
count, etc. 5O,1O3 50
81, ST y !
Leaving net profits. ................e l68 453 Is
The company has the following assets: