New Orleans Republican. [volume] (New Orleans, La) 1867-1878, 1872-04-17
NEW ORLEANS REPUBL1CAN WEDNESDAY. APRIL IL, 1872

s. NEW ORLEANS RI
INSURANCE, 1890
MRRCHANTs' MUTUAL INSURANCE.
COMPANY OF NEW ORLEAEs
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. &757 573 50
On marine risks. l038OS 81
On river risks. 239680 IS
Total premiums. d l0l O62 81
Less unearned premiums. ..... 222422 Oe
Net earned premlums May 3d. ls7l.... es78,e4O g.
Losses paid
On ire risks. 8429, 1870 3.
On marine risks. 1920 .!
On rlveF risks. ........... 72,79l g
Total s57l .al2 q
Taxes. 46,53l7I
Reinsurance and return
premiums ....... a,o52 81
Total. s64s, 1886 IS
Deduct interest. less
penses. 1920 rs e615, l3s 60
Profit s 26S sos 04
The company have the following assets
Real estate ACKNOWLEDGEMENTS. eI10,ss5 II
City bonds. 254O50 0t
Bank and railroad stocks. 37.456 90
Notes secured by mortgage. 410,932
Notes secured by pledge. .............. l03,5s6
Bills receivable. ....................... S7,1S u
Premiums in course of cOllectisn...... g. 23 81
State bonds. Observation-Disclosures. 500 90
Scrip Of other companies. ............. 6,ll2 50
stock Of vallette Dry Dock Company. 1890 90
Stock Of Levee Steam Cotton Press.... $500 on
Stock of Marine Dry Dock and Ship
Yard Company. .................". 800 90
Harbor Protection Company. 1,sO0 90
Mortgage bonds Grand Lodge of Louis,.
ACKNOWLEDGEMENTS. 1000 90
Mortgage bonds Turner's Association. 1000 90
Mortgage bonds Odd Fellows HAIL.. 5000
Stock Opera House Association. ...... 5000 90
Judgments. ACKNOWLEDGEMENTS. 1874 10 !
Cash on hand 3Sl 1852 So
Total assets d, 49,, la9 s.
kess- Unclaimed interest
and interest payable
July next On all out |
standing scrips Of the
company. 978,f4S 80
Issue, Of scrip for the
years 1853, 1854 and
1865, payable in July. Ls 800 90
unearned premiums on
May 81, ls7L........... IA 40 90 e4sl 067 80
el,oc2, l3l s.
The above statement 10 . just. true and correct
transcript from the books Of the company.
P. FoURCHY. President
G. ". MOTT, Secretary.
STATE OF L6umrASA,l !
Sworn to and subscribed before me the third day
JOSEPH CUvILLIER Notary Public.
At meeting Of the Board of Directors, held on
he third day Of June, 1871, it WAS resolved to do
slare . scrip dividend Of thirty per cent on the net
'srned participating premiums for the year end.
ng thirty first Of May, 1871 for which certificates
viii be issued OIL and after the first day of August
lext 1aso to pay on and after the second Mon.
sy in July next the whole Issues Of Scrip for the
ears 1853 1864 and 1855 and six per cent interest
u all outstanding scrip of the company.
DIRECTORS
P. PoHrchy, L. P. Generes
P. Maspero P.SW ilts
D. McCoard, S.Z. ReN,
n. Puig, Joseph HOY.
D. A. Chahraix, Charles LATTE
je4 ly il. Fernandez
NEW ORLEANS MUTUAL II
INSURANCE COMPANY.
nice Corner of Camp and Canal street.,
ASSETS DECEMBER 81, 1870, s8o2,742 o..
1nsures fire marine and river risks dividing the l
'1 psd on each department ssRaTatslS to the In
J. W. HIscxs, Secretary.
Directors.
George %aSs u5auhart' n s1. Payre, r n
g. ". Babcock Augustua Rechard
A. Schneider Ernest Miltenberrsr
Charles LATTE, ". B. Schmidt,
my12l y
yRESCENT MUTUAL
RANCE COMPANY g
Tweuty.second Annual Statement.
NEW ORLEANS. May ls, 1871.
The Trustees in conformity to the charter sub 4:
It the following statement of the affairs of thu
mpany on the thirtieth day of April, 1871: l.
re premiums for the year. $3.50 572 50 L
arine premiums for the year 70, 1876 81
yer premiums for the year. 222,6l3 SO 81
- 47s, ss3 % s,
'r1ed premiums, less reinsurance and -
return premiums. D. 400 OI0 o. W
Losses paid and estimated "a follows:
nre risks. ...... &4S, 199 IS :
marine risks. 1875 %
river risks..... 1853 As
----Sl37, 6A - -
'1es paid and estimated. $3.50 81
scount in lieu Of scrip
stamps expenses, inter.
est account, etc. less dis
count, etc................ 5O,103 50
-- 2slss7s q,
Leaving net roats.................. slss 453 u
The company has the following assets
ls receivable. &A,3a9 IL