New Orleans Republican. [volume] (New Orleans, La) 1867-1878, 1872-02-06
NEW 6RIEZNs REP1BzmAN IQHsbzYa February .gS Is2z

TUESDAY,.
INSURANCE.
~~>>~~>~>>~>>~'>"~>>"~ >>>>~>"~~~~->>>~-
MERCHANTS MUTUAL INSURANCE.
COMPANY OF NEW oRLRANA
Ne. 1O4 Canal street.
SEVENTEENTH ANNUAL srArEMxHT.
| 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
l. On IRE risks. o757,S73 So
on marine risks. lO3.8O8 81
On river risks. $50 IS
Total premiums. 81, l01 O62 81
Less unearned premiums. ............ 2,422 90
Net earned premlums May 81, 1s7l.... Ss7s,s4o g.
Losses paid
On fire risks. SAG, $50 81
On marine risks. $3.50 y
On river risks............. 7Z,99l 63
Total. e57l ,al2 q
Taxes. 1851 II
Reinsurance and return
premiums. sO,o52 81
Total se4s, 1896 IS
Deduct interest. less ex.
penses. ............. $3.50 rs eel5l35 so
Profit ................ .s26s sos o.
The company have the following assets
Zeal estate ACKNOWLEDGEMENTS. olla965 II
City bonds. 254O5O 90
Bank and railroad stocks. 3s.456 90
Notes secured by mortgage. 80, 9a2
Notes secured by pledge. lO3,596
Bills receivable. Observation-Disclosures. Sites ~
Premiums in course of col,ecttsn...... 62023 81
State bonds. ACKNOWLEDGEMENTS. l5OO 90
Scrip of other companies. ............. 6,1l2 50
stock of vallette Dry Dock Company. 1890 90
Stock Of Levee Steam Cotton Press. 1890 90
Stock Of Marine Dry Dock and Ship
Yard Company Observation-Disclosures. 500 90
HarbOr Protection Company. .......... 1880 90
Mortgage bonds Grand Lodge Of Louisi-
ana. ACKNOWLEDGEMENTS. 1000 90
Mortgage bonds Turner's Association. 1900 90
Mortgage bonds Odd Fellows Hail.. 5000 90
Stock Opera House Assocati0n....... 5000 90
Judgments. ACKNOWLEDGEMENTS. 1874 10
Cash on hand. ACKNOWLEDGEMENTS. 33I 362 50
Total assets 3las s.
Less-Unclaimed interest
and interest payable
July next on all out.
standing scrips of the
company. S.3,I4 80
Issues of scrip for the
years 1863, 1864 and
1865 payable in July. 1880 90
Unearned premiums on
May 81, 1s7l..... 222 422 &C. e4sl os7 80
sl,o2lal s.
The above statement is just. true and correct
transcript from the books Of the company.
P. FOURCHY, President.
G. W. 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 was resolved to de-
clare scrip dividend of thirty per or the net
earned participating premiums for the year end
Jag thirty-frst of May, 49,. for which certificates
will be issued and after the first day of Angus,
day in July next the whole ISIS ues of Scrip for the
years 1883, 1864 and 1867 and per cent i1teres;
on al outstanding scrip of the company.
DIRECTORS:
p. Foxrchy, L. F. Generes
P. Maspero P.S Witt,
D. McCoard, s. z. Ref
N. Puig, Joseph Hoy,
D. A. Chafrai1, Charles Latte
ie4 ly ]. J. Fernandez
NEW ORLEANS MUTUAL
INSURANCE COMPANY.
Once Corner of Camp and Canal Streets.
ASSETS DECEMBER 81, 1870, e8o2.-4s OF.
Insures fire. marine and river risks, dividing the
profits on each department sepaTTastey 70 the ia
J. ". HlNcxs. Secretary.
George Urquhart, H. Payro,
4. Rochereau, Placide Foratall,
G. VI. BabcOck, Augustus Reichard,
A. Schneider, Ernest N;lteu3erger
Charles Lahtte, ". B. Schmidt,
T: Bailly Blanchard, Tuyes.
myl2 1y
CRESCENT MUTUAL
INST RANCE COMPANY
Twen:y.sccond Annual Statement.
NEW ORLEANS, May 10, 1871.
The Trustees in conformity to the charter, sub |
NIT the following statement of the affairs Of tbs
company the thirtieth day of April, 1871:
Fire premiums for the year.. 0S.2 50
Marine premiums for the year 7O,I9s g.
s47a, ss2 oe
Earned premiums, less reinsurance and
return premiums. 100000 -
Losses paid and estimated as follows;
On fire risks ......$4519 9 IS
On marine risks. 1875 Oa
On river risks. 1859 As
-SI37,634 -
Taxes paid and estimated. 1879 O.
Discount in lieu of scrip,
stamps, expenses, inter-
est account, etc, less dis
count, ETC. ........ s0,lG3 50
23l,5572
Leaving net profits .................s l68, 453 Is
The company has the following assets:
Bills receivable. ............. 6Ii,3o9 IL
Loans Oh bond and mortgage las 80
- slls,532 -
Loans on pledge of stocks at
cali. 236,Il5 sc
1882 4a |
Real estate Observation-Disclosures. 5000 o.
CITY bonds bank and other stocks...... 223.745 90
Premiums in course Of collection. e2512 s.