New Orleans Republican. [volume] (New Orleans, La) 1867-1878, 1872-01-26

INSURANCE.
rrrRCuANTs, MUTUAL INSURANCE
COMPANY OF NEW ORLEANS.
No. 1O4 Canal street.
SEVENTEENTH ANNUAL STATEMENT.
In conformity with the requirements OF tnen
charter. the company publish the fono"ins ''"'~"
ment: No,
81. 1871. including unearned premiums OF 'ns
previous year ~.
On fire risks. a., ono 9,
o% NANNY. $3.50 IS
- 81 1ol os2 q
Less uuearned premiums. ........... 1850 w
Net earned premiums, May 81, Ill.,. Ss7s6Ao d
Losses paid
On fire risks $685. $50 81
On marine risks. .......... oSz'v %
On river risks. ........... D,'SA "'
Total ss7l ,sl2 n
raxes 1851
Reinsurances and return
premiums. aW,VD -
Total, e64s, 1856 IS
Deduct interest, less ex-
rsn.a.. 1920 rs es1s.lss 60
pros+ .-.....,.. e2s3 sos ol
The company have the following assets
pa.I a.t.,a- e1l0,96s II
o. ,.ra. 2s4O5O 90
D., .,,d ra;,roaa .toeka 37456 90
Notes secured by mortgage. 4loSsz
Notes secured by pledge. los''so
Bills receivable. ......................' '''~ -
Premiums In course Of collect1Sn...... oS'oz' -
State bonds. .....................'.....' Low w
Scrip Of other companies. ............. o'iH "
stock of vallette Dry Dock Company. lSSoV W
Stock Of Levee Steam Cotton Press. S'aO W
y.rd comnanv '.......,,... $500 o.
Barbor Protection Company. l'aOV W
Mortgage bonds Grand Lodge of Louisi
ACKNOWLEDGEMENTS. S'"VV w
xortoaoa honda Turner's Association. 1900 90
Mortgage bonds Odd Fellows Hail.. 800 W
stsct Opera House Association. .... 5000 90
1ndoments 1874 10
cash on hand 3sl ,s62 SO
Total assets ASoS'Ao0 ~
Less-Unclaimed interest
and interest payable
July next all out
standing scrips Of the
company. S75,7<S ~
Issues of scrip for the
years 1862 1864 and
1865, payable in July. 1850 90
Unearned premiums on
Nav 81. ls7l, "a, AZ 60 e48l ,057 80
s1oo2. l3l g.
The above statement is just. true and correct
transcript from the books Of the company.
p F0URCHY, President
CIV. MOTT, Secretary.
Parish Of Orleans, City of New Orleans. )
Sworn to and subscribed before me the third day
of June, 1871. !
JOSEPH CUvILLIER, Notary Public.
At q 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 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
wears 1863 1854 and 1885, and six per cent interest
on all outstanding scrip Of the company.
DIRECTORS
p Fourchy, LIP. Generea.
P. Maspero, P. s. Wits
D. McCoard, s. z. Ref,
N. Puig, Joseph Hoy,
D.A Chaffraix Charles LATTE,
ie4ly J. J. Fernandez.
NEW ORLEANS MUTUAL
INSURANCE COMPANY.
Once Corner of Camp and Canal Streets.
ASSETS DECEMBER 81, 1870, sso2,74 OF.
sured. TUYES, President
W. HINGES, Secretary.
George Urquhart, n Payro,
A. Rochereau Placide Forstall,
G. W. Babcock, Augustus Reichard,
A. Schneider, Ernest Miltenberger,
+. Bailiy Blanchard, J. Tuyes.
myl2ly
CRESCENT MUTUAL
INsU RANCE OMPANY
Twenty.secOnd Annual Statement.
NEW ORLEANS, May 1s. 1871
The Trustees, in conformity to the charter, sub
init the following statement of the affairs Of the
company on the thirtieth day Of April 1871:
| Fire premiums for the year. $780, 573 50
| Marine premiums for the year 70,l95 81
| River premiums for the year. 222,613 So
| e473, $50 90
| Earned premiums, less reinsurance and
| return premiums. 100000 IS
Losses paid and estimated IS follows
On Dire risks. ...... $4S 799 IS
On marine risks. 1878 %
| On river risks..... 1853 IS
| --el37,6 34 -
Taxes paid and estimated. $3.50 Il
| Discount in lieu Of scrip,
| stamps, expenses, inter
| est account, ETC., less dis
| count, etc. ~, lD %
Leaving net profits. sl6s, 453 Is
The company has the following assets
| Bills receivable &A,389 IL
| Loans on bond and mortgage 81 LAB 80
| -- sll65s2 u
Loans on pledge Of stocks at
| call ...................... zoo, 40 90
| - 90, sl2 q
Real estate. 5000 90