New Orleans Republican. [volume] (New Orleans, La) 1867-1878, 1872-01-12

HFERCIANTS, MUTUAL INSURANCE
! COMPANY OF EBW ORLXAEs.
| No. 1O4 Canal street.
SEVENTEENTH ANNUAL STATEMENT.
In conformity with the requirements Of theil
charter. the company publish the following state
ment
Premiums received during the year ending May
81, 1871. including unearned premiums of thu
previous year
vi hie iAsE p''''''' oe
On marine risks. NEUTRALITY-SUSPICIOUS.. l03.808 81
On river risks ACKNOWLEDGEMENTS. 239 $50 3.
Total premiums ,lol, oe2 g.
Less unearned premiums 222422 Of
Net earned premiums, May 81, lsn.... ss7s,64o 81
Losses paid
Oh TlshS. y 49, 80 u
On marine risks. $3.50 q
On river rlsks. 119l Is
Total ..................sg71 1872 7
Taxes. 1881 Il
Relnsurances and return
premiums. ........... 20 c52 81
Total. s6.e,ss IS
Deduct interest. less ex-
penses. $500 rs @6l5,ls5 60
Profit. ...................... s26s sos o.
The company have the following assets
Real estate ................... Slloe6s II
City bonds 254 $50 90
Bank and railroad stocks. ............. 37456 90
Notes secured by mortgage. ........... 1872 30
Notes secured by pledge. ............. IO35s6 80
Bills receivable Observation-Disclosures. 57755 40
Premiums in course Of collection. g. 023 "a
State bonds. Observation-Disclosures. 100 90
Scrip of other companies. 6,ll2 50
stock of vallette Dry Dock Company. 1890 90
Stock of Levee Steam Cotton Press. 1880 90
Stock of Marine Dry Dock end Ship
Yard Company. OBSERVATION-DISCLOSURES. $500 90
Harbor Protection Comp ny......... 1850 90
Mortgage bonds Grand Lodge Of Louisi-
ana. Observation-Disclosures. 2,U0 W
Mortgage bonds Turner's Association. 1900 90
Mortgage bonds Odd Fellows Hail.. 5000 90
Stock Opera House Association. 5000 90
Judgments. Observation-Disclosures. 1874 10
Cash on hand ACKNOWLEDGEMENTS. 3sl 1852 80
Total ssse.s. 81 49,, 1889 s.
Less Unclaimed interest
and interest payable
July next on all out
standing scrps of.the
company. .... s7s7ls 30
Issues Of scrip for the
years 1868, 1854 and
1865, payable in July I7s $50 70
UneaTned premiums on
May 81. l87l..... 2e242a CO. s4sl ,0s7 80
s1oc2,l3I g.
The above statement ia just. true and correct
transcript from the books Of the company.
P. F0URCHY. President.
6. ". MOTT, Secretary.
STATE OF LOUISIANA
Parish sf Orleans, City of New Orleans )
Sworn to and subscribed before me the third day
of June, 1871.
JOSEPH CUVILLIER, Notary Public.
At a meeting of the Board Of Directors, held on
the third day of June, 1871 it was resolved to de-
clare scrip dividend of thirty per cent the net
earned participating premiums for the year end.
ing thirty-frst 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 1885, 1864 and 1855, and six per cent interest
on an outstanding scrip of the company.
DIRECTORS:
p Poxrchy, I. r Generes,
P. Aaspero ?. 5. Witt,
.. McCoaId, :. z. hef,
n. Puig, Joseph Hoy,
D. :. Chaffraix, Charles LATTE,
ie.ly J. j. Fernandez.
-
NEW ORLEANS MUTUAL
INSURANCE. COMPANY.
Oaice Corner of Camp and Canal Streets.
AsSETS DECEMBER 81, 1870, s8o2,7i2 N.
Irsures FIRE, marine and river risks dividing the
profile on each department separately to the ia
sured. IUAbS, President.
J. ". HINGES Secretary.
Directors.
George Urouhart, 81. Payro,
& Rochereau Placide Forstall,
6. W. Babcock. Augustus Reichard,
A. Schneider, Ernest NlltenberGar,
Charles LATTE, ". 3. Schmidt,
ny2ly
CRESCENT MUTUAL
INSU RANCE NdPANY
Tuerty.seeondA Annual Statement.
NEW ORLEANS, May 49, 1871.
The Trustees, in conformity to the charter, sub
nit the following statement of the affairs of the
company the thirtieth day of April, 1871:
Fire premiums for the year.. $40, SD 50
Marine premiums for the year 70,l95 g
fort he ID FLA