The New Orleans bulletin. [volume] (New Orleans [La.]) 1874-1876, 1874-12-29
INSURANCE.

General Office, st. Louis, Mo.
III. w. HOUGH.
..........J. X. PIERCE,
:. EDWIN w. BRYANT
Assets January 1, 1874. So, lis, 2s7.
Rates IS low and equitable a. those of any
other Company.
The ADVANCE DIVIDEND PLAN simpliaes
the Policy Contract by giving an increased In.
surance Of twenty-five per cent. during the first
surplus for that time.
Under its system Of CONTINUED FULL
INSURANCE, Policy remains in force after the
discontinuance of the payment Of premium, for
as long as its value will carry it with the right
Of revival at any time during the first III
months.
Its plan Of TERM INSURANCE, with Low
rates, meets the needs Of business men better
than any other form of insurance.
Its system OF DEPARTMENT ORGANIZA.
TIONS, in the several states where doing bust.
ness, does not drain these sections Of capital, but
invests the net premiums among the people who
pay them.
1t Localities itself as A HOME INTEREST.
sk>h1 ~ hoo
ment of premium receipts, as stated, but by the
advisory direction and superintendent of the
Department Board of Directors, selected from
the best menlof their community, by the policy.
holders themselves, thus assuring the latter Of
an honorable and liberal dealing in their trans
actions with the Company, and Of permanent
local Office for the payment Of premiums, etc.
These advantageous features, offered only by
this Company, are guaranteed in it's Charter.
LOUISIANA DEPARTMENT.
Once Ne. $50 Gravier Street, New Orleans
President, GEN. J. B. HOOD.
First Vice President, L. F. GENERES.
Second Vice President, II. V. OGDEN.
Attorney, R. L. GIBSON.
Secretary, SAMUEL FLOWER.
DIRECTORS.
NJ Mussen, W. s. Pike,
R. NJ. Walmsley, John Chafe.
Thomas H. Hunt, r. Pritchard,
Joseph Bowling, Julius Vairan,
Henry v. Ogden, John Williams.
Isaac A. Scherck, Jules A. Blame.
General Agent, Gen. B. B. SHINES,
Good Agents Wanted. nS SIN
NEW ORLEANS INSURANCE COMPANY.
ESTABLISHED IN 1905.
Office, corner Of Camp and Canal streets.
CAPITAL. ....-...........S5OO,O 900 90
Assests, December 81, 1872. :. ..$755,S41 -
Insures Fire. Marine and River Risks, DIVIDING
the profits separately on each department to the
For the accommodation Of its customers, the
Company will make Marine Tu 7qsse1 p psyss1s IN
!. W. H1scxs. Secretary.
Geo. Urquhart, M. Payro,
o. T. Dugazon, Placide Forstall,
O. W. Babcock, Aug. Reichard,
T. Bailly- Blanchard, E: Miltenberger,
A. Schneider, w. B. Schmidt,
Chas. LATTE, ]. Tuyes. s25 tJal
MERCHANTS MUTUAL INSURANCE CON.
PANY OF NEW 0RLEANA
1O4 Canal Street.
TWENTIETH ANNUAL STATKMENT.
In conformity with the requirements Of their chas'
ter, the Company publish the following statement:
1 during The :nd a ny
On Fire Risk. eo9a 80 "
On River Risk. ............ 110SS
Total Premiums ...................... ~ n
Net Earned Premiums a1st May, 1871. s719sn y
Losses paid
On Fire Risks ................$3650ie %
On Marine Risks. ............ eSUo y
IA res and Expenses less In
Rs sSasus Return Premium ~
and Profits and Loss e0.46
Reserved for UnAdjusted Losses 5000 o.
y 80 o.
Profit. OBSERVATION-DISCLOSURES. Sio8,7s3 II
The Company have the following assets:
CITY Bonds ACKNOWLEDGEMENTS. 309032 s.
Banks and Railroad Stocks............. 21,1o0 Of
Notes secured by mortgage. ............ 36AT7o q
Notes secured BY pledge. ............. 120335 q
| Bills receivable. ................... 45.e7o q
Premium in course of collection ...... IA n
State Bonds 1900 q
Tnsurance Stool. ....,.,............... l,eoo q
STOCK Vsilette Insurancs Company...... 90,60o Of
stock of Levee Steam Cotton Press. 3,7eS q
| Stock Of Marine Dry Dock and Ship Yard
| xor4oaoe Ronds Turners' Association. 400 ot
| Nortee9e Ronda odd Fellows' Hau...,, 5000 OF
| On on hsnd ........ 1l4372 ~
Sl3sa,7ol n
| The above statement 10 . lust and correct tran
| Jeript from the books Of the Company.
l PATTI T0rRCfY Praaidnnt