New Orleans Republican. [volume] (New Orleans, La) 1867-1878, 1871-07-08
INSURANCE.

i
MERCHANTS MUTUAL INSURANCE
| COMPANY OF NEW ORLEANS.
No. 1O4 Canal street.
SEVENTEENTH ANNUAL STATEMENT.
In conformity with the requirements of their
charter, the company publish the following state
| ment:
Premiums received during the year ending May
81, 1871. including unearned premiums of the
previous year
On fire risks. ...................... s757,573 90
On marine risks. Observation-Disclosures. 1O3,8o8 81
On river risks. 23e $50 IS
Total premiums. 81, lO1 yN62 g.
Less unearnej premiums. .......... 222, Az 90
Net earned premiums, May 81, 1s7l.... s87a64o 64
Losses paid
On IRE risks. ..........-.. i29I9O 81
On marine risks. 69230 q
On river risks. ............ 7279l So
Total. s57l ,8l2 q
ACKNOWLEDGEMENTS. 1881 Il
Reinsurances and return
premiums. 0,052 81
Total. s648, 1896 IS
Deduct interest, less
penses. ................ 1920 rs S6l5, 135 so
-
FRONT $263, sos 04
The company have the following assets
Real estate. Observation-Disclosures. S1l0965 II
City bonds. 254, $50 90
Bank aud railroad stocks. .......... 37456 90
Notes secured by mortgage. 4lOs32 80
Notes secured by pledge. ,5s6 80
Bills receivable. Observation-Disclosures. 57,755 40
Premiums il course Of ccllection...... 62O23 "a
State bonds. Observation-Disclosures. 1850 90
Scrip Of other companies. .......... 6,li2 so
Stock of valiette Dry Dock Company. $4,000 80
Stock of Levee Steam Cotton Press. 1900 90
Stock of Marine Dry Dock and Ship
Yard Company. INSTRUMENTATION. 300 90
Harbor Protection Company........... 1900 90
Mortgage bonds Grand Lodge of Louis-
ana. ACKNOWLEDGEMENTS. 1000 90
Mortgage bonds Turner's Association. 1900 90
Mortgage bonds Odd Fellows HAIL. 5000 90
Stock Opera House Association. .... 5000 90
Judgments. ACKNOWLEDGEMENTS. 1874 10
Cash on hand. ....................... 3s1 1862 80
Total assets. ST. 49,, 189 81
Less Unclaimed interest
and interest payable
July next all out
standing serps of the
company. ............. SD AS 50
Issues of scrip for the
years 1863, 1864 and
1865, payable in July. 179 800 90
Unearned premiums On
May 81 l37l........... 222 422 90 S48I, O57 90
$l,ooa, ISL 81
The above statement is a just. true and correct
transcript from the books of the company.
P. FOURCHY, President.
G. ". MOTT, Secretary.
STATE OF LOUISIANA
Parish of Orleans City of New Orleans. !
Sworn to and subscribed before me the third day
of June 1871.
JOSEPH CUvILLIER, Notary Public
At meeting of the B GARD of Directors held on |
the third day of June 1871, it resolved to de-
clare scrip dividend of thirty per cent on the net
earned participating premiums for the year end
ing thrty-frst of May. 1871, for which certificates
will be issued and after the first day of August
next. Also, to pay on and after the second Mon |
day in July next the whole issue of Scrip for the
yearsl863, 1864 and 1866 and six per cent interest
on all outstanding scrip of the company.
DIRECTORS:
P Fourchy, L. F. GeneTes,
P Maspe1o, IS. Wilt
D. McCoard, Sc. Relf
NJ. PUG Joseph HOY,
D. A. Chafraix, Charles LATTE,
je4 ly J. J. Fernandez
NEW ORLEANS MUTUAL
INSURANCE COMPANY.
Office Corner of Camp and Canal Streets.
ASSETS DECEMBER 81, 1870, 1902, 742 OF.
Insures fire marine and river risks, dividing the
profits on each department separately to the in
J. W. HISoks, Secretary
Directors.
George Urquhart, N. Pavro,
A. Roehereau, Placide Forstall,
A. Schneider Ernest Miltenberger
T. Bailly Blanchard, ]. Tuyes.
CRESCENT MUTUAL
ms RANCE COMPANY
Twenty.second Annual Statement.
NEW ORLEANS, May 10, 1871.
The Trustees, in conformity to the charter, sub
nit the following statement of the affairs of the
company on the thirtieth day of April, 1871:
fire premiums for the year. slaO,572 so
iarine premiums for the year TO- l95 81
river premiums for the year. 222613 SO
- S473 1872 90
Earned premiums, less reinsurance and
return premiums. Observation-Disclosures. $4,000 So
Losses paid and estimated as follows
IN fire risks. $500. s45 T99 95
IN marine risks. l9 1875 09
IN river risks. 1859 As
- S137, 63i 49
axes paid and estimated. 1919 81
discount in lieu of scrip,
stamps, expenses, inter
est account etc, less dis
count etc................ 50 SO
23l, 557 %
Lea win Det e &c |