New Orleans Republican. [volume] (New Orleans, La) 1867-1878, 1872-01-27

INSURANCE.
MERCHANTS MUTUAL INSURANCE
COMPANY OF NEW ORLEANS.
No. 1O4 Canal street.
SKvKNTKKNTH ANNUAL STATEMENT
In conformity with the requirements Of their
charter. the company publish the following state;
ment
Premiums rece{vU1 during the year ending May
81, 1871 including unearned premiums Of the
previous year ..'.
On IRE risks. pISI,''S o.
On marine risks. iG5,SS Oh
On river risks 23s6eO IS
rota, premiums. 81 ,lol .oss g.
Less unearned premiums. ............ Z0,4H w
Net earned prem,ums. Nav 81, 1871. es7s,saO g.
Losses paid
On fire risks. "...$4ZS7N 81
On marine risks. ......... oSzW !"
On river risks. 727SI Us
Total. .....$S7lSZ ~
Taxes. 1891
Reinsurances and return
premiums. WoN 81
Total. SOS 1856 IS
Deduct interest. less ex.
penses. ............ $3.50 rs e61s.1s5 50
Profit $685. SOS "a
The company have the following assets
Real estate. OBSERVATION-DISCLOSURES. $lH"seo IL
City bonds Z'4,V'o W
Rank and railroad stoeks, 37,456 90
Notes secured by mortgage. 4l0,S32
Notes secured by pledge. le3,ss6
Bills receivable. ...................... S1''ao 10
Premiums in course Of cOllectien...... 62,023 81
State bonds. ACKNOWLEDGEMENTS. 1900 90
Scrin of other compauies ..,. 6ll2 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. ..................". 3,7oo W
Harbor Protection Company. l.5O0 90
Mortgage bonds Grand Lodge Of Louisi.
Observation-Disclosures. 5,WV w
Mortgage bonds Turner's Association. 1000 %
Mortgage bonds Odd Fellows HAIL.. 5000 90
Stock Opera House Associaton....-... 5000 90
Judpments ,.,,,.,,,....... 1874 10
Caah nm hand 38l, 1862 80
Total assets. 81 ,483, 1888 81.
Unclaimed interest
and interest payable
July next en- all out
standing scrips of the
company. ............ e16,'4o ~
issues of scrip for the
years 1863, 1864 and
1865, payable in July. 179,ssO 90
Unearned premiums on
May 81, lsn... 222,4 AZ 90 s4sl os7 80
s1oo2.l3 Ct
The above statement is q just. true and correct
transcript from the books Of the company.
P. FOURCHY, President.
CIV. 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 Board of Directors, held on
the third day Of June, 1871 it resolved to de-
clare q scrip dividend Of thirty per cent on the net
| earned participating premiums for the year end
ing thirty first Of May, 1871 for which certificates
will be issued on and after the first day of August
next Also, to pay on and after the second Mon
day in July next the whole Issues Of Scrip for the
years 1862 1864 and 1865 and six per cent interest
| on all outstanding scrip Of the company.
P. Foxrchy, L. r. Generes
p Maspero, P. Wiltz,
| D. McCoard, S. z. Relf
n. Puig, Joseph Hoy,
D. A. Chaffraix, Charles LATTE,
| ie4ly J.J. Fernandez.
NEW ORLEANS MUTUAL
INSURANCE COMPANY.
| nm.> r.--.. - E Co,.,~ Hrl C,u,l Stro.t.
ASSETS DECEMBER 81 1870, $500, 7a2 OF.
| Insures fire. marine and river risks dividing the
| profits each department separately to the III
| sured. TUYES, President.
j. ". RINcKs Secretary.
A. Rochereau, Placide Forstall
G. W. Babcock, Augustus Reichard,
! A. Schneider Ernest MiltenbeEger,
r Bailly Blanchard. J.Tuyes-
myl2 ly
CRESCENT MUTUAL
INSURANCE MPANY
Fwenty.second Annual Statement.
NEW ORLEANS, May 19, 1871.
The Trustees in conformity to the charter sub
NIT the following statement of the affairs Of tho
company on the thirteth day of April, 1871:
Fire premiums for the year.. el8O,S72 50
Marine premiums for the year 7o,l95 So
River premiums for the year. 222,6l3 88
-- e4733 $50 %
Earned premiums less reinsurance and
return premiums. &400 OlO %
Losses paid and estimated follows:
On fire risks. ...... 81, I99 IS
On marine risks. 1888 %
On river risks..... 1853 As
,6A -
Taxes paid and estimated. +3,8l9 81
Discount in lieu of scrip,
stamps, expenses inter-
est account, etc, less dis
count, etc. sOlOJ 80
1857 3
Leaving net profits. sls8 453 4s
The company has the following assets:
Bills receivable. &4389 III
Loans on bond and mortgage 81, l43 50
Loans on pledge of stocks at
call. ................... Zoo,Ho 90
vas" o-' N''-N' 80 4os, sl3 40
Real estate 5000 90
ci+v bonds hank and other stocks., 2287a5 90
pro,nirms IN course of collect,on 82572 IS