New Orleans Republican. [volume] (New Orleans, La) 1867-1878, 1874-02-26

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SUN MUTUAL INSURANCE COMPANY.
Paid Up Capital. S58O,GCO.
EIGHT ZENITH ANNUAL sTATBaIENT-FOR TBR
YEAR 1873.
Amount Of premiums for the year 28a 627 Sc
Less unternHated risks, and return
premiums ol,S9W
Net earned premiums ................s 227,7 GA
Discount and interest 44oS7 q
Total. NEUTRALITY-SUSPICIOUS.. 521l .a54 &c
Losses paid, reinsurance and
unadjusted losses. ......... $I53 159 II
General expenses and taxes. 80 l13 81
Reserve fund and dividend
on stock................... 58,8l4 7o-.A,l74 es
Net profit ......................... S27,7o7 Ii
Assets OF the company, estimated at their max-
ket value:
Bonds, stocks, loans and bills receivable $685. 7e 81
Cash on hand and premiums in course
OF collection. ..........'.......'.... :9,hS w
I0tbl assets. b5sc, bG IL
The Beard of Directors, at a meeting held on this
twenty first day of January, 1874, after setting
aside $4,000 to the reserve fund from the net
earnings Of the year and paying ten per cent dvii
dend to the stockholders. resolved to pay q cash
dividend of TEN PER CENT on the net earned partici
patinS premiums for the year ending December 81,
1873 JAMES /. DAY, Presideuts
Horace CARPENTER, Secretary.
Directors for 1874.
John G. Gaines, E. J. Hart Henry Renshaw,
Hugh Wilson, E. Biscoe ]. N. Marks
James l. Day. George Jonas, Emory Clapp.
IT, NJ bayly, James ByrHes. J. L. Harris
c. Maeready. ". E. Seymour, Richard Flower.
J. Weis, 3. W. Taylor J. c. Morris
Lionel G. Levy, W. B. Schmidt L. Alcus,
z. T. Torian, Scott McGehee Isaac l., Haas.
This Old and reliable company ia issuing policies
On Fire, River and Marine Risks on the most favor
able terms. ALI losses adjusted and settled upon
the most liberal terms, and promptly paid at their
Office, No. 81 Camp street, corner CT Commercial
alley. iao5
7 ,oufslANA MUTUAL
INSURANCE COMPANY.
NIEBT8EETE ANNUAL STAT2NgrT
In conformity with the requirements II tt,aip
charter, the Company publish the following s.asa-
mens
Total premiums for the year ending
February %, ACKNOWLEDGEMENTS. g4a3TJ3cs
VIE Fire premiums. .... 1875 I'll 50
hsrine premIums..... l83 800 So
!.iver prcmiums...... 29,49l IL %c3,13s
Less unearned and returned premiums.
seipsurance and rebate Oh pres
Silums... Observation-Disclosures. 49, oa 20
get pre1niunlu... Observation-Disclosures. s3o9 81 4:
rlfe !osses''''............... 800 50
Marine iosses.... ...... $50 1856 -
5.iVeT Sossess.s............. 0.lB5 *
!o'ai.'..'..... .......-.a 1921, 1i4 s2
Taxes. e.e.....-. 1923: -
EXPENSES. profit and loss.
:ess discount socount... :7.se: 1870 ..5e.s "a
srOats......,.............. .a53,z7o $:
The conuany has Che following ..ose:s c. siyoste..
a. the lowest market values
CITY and other bonds.....,.... as7 soo ~
Bank and ether stocks... ............. s6Os7 q
Stock and scrip of Insurance companies. 65,a.e
Real Ss'ate. ....e NEUTRALITY-SUSPICIOUS.. 6peAb
Ella Receivable % mortgages. 1904
Bills Receivable. ..... 1851 -
frsmNms ~ course Of coIlection...... 6lsE7 =.
CssA On :anc and i. Europe. 1852. ~
.ot'..".....' Observation-Disclosures IS
-. above statement is a true ana correct t,an.
Scsip. .T.ls 81. books Of the company
CHARLES BRIGGS, .regi6ens
:. y Bow, '.cretars,
erATg OF LouIsIA3A,s
sarSh OF Orleans, city OF New Orleans :
S-"Hr 70 and subscribed before rse this t,rpYty.
.'s. sAyo' March, 1873.
J. CHAELYS CUvELLIgg,
sotsry Public, No. 40 Crayier STREET.
Tbs Board Of Trustees have resolved 10 pay sIZ
Tht' tBNf. Interest on the outstanding csrthcate1
% scrip on and after MONDAY, May u, 1879, s4ays
scrip to be ther converted into capital stces, sa
sos amended charter OF the company.
CHARLES BRIGGS President.
Ant CARRIERB, yice PreIios1s
J. :. aoss, Secretary.
BOARD or DIRECTORS
Elected February II, 1879.
".a'ea Briggs, Thomas II. Hunt.
All: CARRIERS. Chm. Honold,
Geo,g. 4. Sostic:, D. Jaulison.
j. bT1Bie' e. y. Howard.
j. Anderson. Felix Larue
- .i'rchs' Aug. Bshn
ssaor-pe " f)rrHae p5a, W.,