New Orleans Republican. [volume] (New Orleans, La) 1867-1878, 1872-02-07

INSURANCE.
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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.
Premiums received during the year ending May
81. 1871. including unearned premiums Of the
previous year
On fire risks. OBSERVATION-DISCLOSURES. S7s7S73 SO
On marine risks .........."............ l030O8 81
On river risks. 239630 IS
Total premiums. ...................&11Ol O62 a
Less unearned premiums. ............ 22s Az 90
Net ear ned premiums, May 81, 1s7l.,,. es7s64O 81
Losses paid
IN nre rsks. &429, $50 81
On marine r1sks.......... $3.50 ~
On river risks............. 72.79l s.
Total. s571, sl2 u
Ta4es..................... 1881 II
Rainsurances and return
premiums. 0,052 81
Toea&. ..........$ 64o, 1886 IS
Deduct interest," less
penses................. 1920 15- @6Is is so
Profit ....................... $685. sos O4
The company have the following assets
heal estate.. OBSERVATION-DISCLOSURES. $llo, 965 III
City bonds. OBSERVATION-DISCLOSURES. 2s405O 90
Bank and railroad stocks. ........... 37.456 90
Notes secured by mortgage. ........... l1O932
Notes secured by pledge. lo3, 596
Bills receivable. ACKNOWLEDGEMENTS. SITES 43
Premiums in course of collectisn...... COOS 81
State D0nds. ........................... 500 90
Scrip Of other companies. ............. 6,ll2 50
stock of vallette Dry Dock Company. 1890 90
Stock of Levee Steam Cotton Press.... 1900 90
Stock of Marine Dry Dock and Ship
Yard Company. Observation-Disclosures. $500 90
Harbcr Protection Company. 500 90
Mortgage bonds Grand Lodge of Louisi-
OBSERVATION-DISCLOSURES. 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. ACKNOWLEDGEMENTS. 3Sl ,362 SO
Total assets. 423 1879 81
Less-Unclaimed interest
and interest payable
July next all out
standing scrips Of the
company. S78,74S 80
Issues of scrip for the
years 1863, 1864 and
1865 payable in July. IT, $50 90
Unesrned premiums on
May IL, l87l............ 2422 o. $48l ,oS7 80
sl.oo2lsl s.
The above statement is . just. true and correct
transcript from the books Of the company.
P. F0URCHY, President
G. W. MOTT, Secretary.
STATE OF LOUISIANA
Parish Of Orleans, City of New Orleans. !
Sworn to and subscribed before me the third day
u June 1871.
JOSEPH CUvILLIER, Notary Public.
At meeting of the Board Of Directors, held on
the third day of June, 1871, it resolved to de-
clare scrip dividend of thirty per cent the net
earned participating premiums for the year end. |
ing thirtyfrst of May, 1871 for which certificates
will be issued and after the first day of August
next. Also, to pay and after the second Mon
day In July next the whole issues of Scrip for the
years 1863 1864 and 1885, and six per cent interest
on ell outstanding scrip of the company.
DIRECTORS:
P. FoArchy, L. F. Generes,
P. Msspero, PS. Wiltz,
D McCoard, s. z. Relf,
N. Puig Joseph Hoy,
D. A. Chaffraix, Charles LATTE
Jelly u. Fernandez
NEW ORLEANS MUTUAL
INSURANCE COMPANY.
Once Corner Of Camp and Canal Streets.
ASSETS DECEMBER 81, 1870 ssoa34s OF.
Insurss fire, marine and river risks, dividing the
profits on each department seRa Tns to the Ia
Nv Hrsoks, Secretary.
Directors.
George Urquhart, NJ Payro,
g. W. Babcock, Augustus Reichard,
4. Schneider Ernest Miltenberger,
+. Bailly Blanchard, j. Tuyes. "
myl2 ly
CRESCENT MUTUAL
RANCE COMPANY
Fweuty.second Annual Statement.
NEW ORLEANS, May ls, 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.. $3.50 572 50
Marine premiums for the year 70,l95 81
River premiums for the year. 222,6l3 SO