The New Orleans bulletin. [volume] (New Orleans [La.]) 1874-1876, 1874-12-02
Assets January 1, 1874. So, 119, S37.

Assets January l, 1874. So, 1892.
| Rates as low and equitable as 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
| five years. in lieu OF all other modes Of applying
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 RICH
OF revival at any time during the first six
months.
Its plan of TERN INSURANCE, with low
rates, meets the needs of business men bette
than any other form of insurance
Its system OF DEPARTMENT ORGANIZA.
TIONS, in the several states where doing BUSH
ness, does not drain these sections OF capital but
invests the net premiums among the people who
pay them.
1t localizes itself as A HOME INTEREST.
wherever established, not only by home invest
ment Of premium receipts, as stated, but by the
advisory direction and superintendent of the
Department Foard of Directors, selected from
the best men'of their community, by the policy
holders themselves, thus assuring the latter Of
an honorable and Ibera! dealing in their trans
&C tons with the Company, and OF permanen
local Office for the payment of premiums, ct
These advantageous features, offered only
this Company, guaranteed in its Charter.
InITyIANA nEDtDr,TENv
Office No. $50 Grnvicr street, New Orleans
President, GEN. J. B. HOOD.
| First Vice President, i. +. GENERES
| Second Vice President, H. V. OGDEN.
Attorney, Il. L. GIBSON
| Secretary, SAMUEL FLOWER.
| NJ. Muss0n, W. S. Pike,
Thomas H. Hunt, Il. Pritchard,
Joseph Bowling, Julius vairan,
Henry V. Ogden, John Williams,
Isaac A. Schcrck, Jules A. Blanc
General Agent, Gen. D. B. SHINES,
| Good Agents Wanted. n8 3m.
NEW ORLEANS INSURANCE COMPANY
ESTABLISHED IN 1865.
Office, corner OF Camp and Canal streets.
Capital. ----..-.. --.....-.........SjOO,Oc O 90
Assesis, December 81. 1874. 1888, SAL ~
Insures Fire, Marine and River Risks, dividing
the profits separately on each department to the
insured.
| For the accommodation of it's customers, the
Company will make Marine Losses payable in
| London. J. TUYES, President.
! Nv. H1scEs, Secretary.
Geo. Urquhart, M. Payro,
q. Il. Dugazon, Placide Forstall
g. W. Babcock, Aug. Reichard,
T. Bailly-Banchard, T.. Miltenberger,
A. Schroeder, w T. Schmidt,
Chas. Lafitte, J. Tuyes. s25 tJa1
MERCHANTS MUTUAL INSURANCE CON.
PANY OF NEW ORLEANS
lO4 Canal Street.
TWENTIETH ANNUAL STATEMENT.
In conformity with the requirements Of their char.
ter, the Company publish the following statement:
Premiums received during the year ending Nav 81
1874, including UDearned Premiums Of tho previ.
GUS year:
On Fire Risk. $685. 3oa ~
On Marine Risks. ................. sO7s3
! On River Risks. ............ ,-...--..... 1A,035
Total Fremluyns- &915,1Y ~
Less Unearned Premiuma. .......... 1950O0 %
Net Earned Premiums 3lst May, 1s73.... s71s.2al ~
Losses paid
On Fire Risks ....-..--.......s363,s1 1913 6s
On Marine RISKS. ........... 63,305 ~
On River Risks. .............. 5D42J q
Taxes and Expenses less In.
Reinsurance, Return Premium
and Profits and Loss. 1890. So 46
Reserved for Unadusted Losses 450 900 0G
- % SIS %
Profit. ACKNOWLEDGEMENTS. slo3, 7ss IL
The Company have the fo,le wing assets:
tteai Eslate F244 4f5 -
City Ponds Observation-Disclosures. 309030 50
Banks and Railroad Stocks ............. aI'isS 90
Notes secured by mortgage. --.-.--..... 36A776 =
Notes secured by pledge. 12O,335 60
Bills receivable. $3.50 %
Premium in course OF collection los To- -
State Bonds 1900 O5
Insurance Stock ..-...---..-.-...... 1900 90
Stock yallette Insurance Company 2o'soo %
| Stock OF Levee Steam Cotton Press. 37S5 %
Stock of Marine Dry Dock and Ship Yard
Mortgage Bonds Turner's Association 900 90
Mortgage Ponds Odd Fellows Hall...... 5000 %
Casn on mana --.'--..-....-. 112.372 IS
t1.ss3,7N -
The above statement Is 8 lust and correct tran.
PAUL FOUkCniY, presidons
STATE OF LOUISIANA.
s Parish Of orleans city Of New Orleans
June. 1874. +. CHS. CUvELER,
Notary Public. $40 Gravier street.
The usual ten per cent interest is payable to the