The New Orleans bulletin. [volume] (New Orleans [La.]) 1874-1876, 1874-12-19
.LIlIISyOCIITIOI
AM = ERICA.
General Office, st. Louis, Mo.
President .....H. w. HOUGH.
Secretary. ..........J. X. PIERCE.
Actuary. EDWIN w. BRYANT
Assets January 1, 1874. So, 119, 237.

Assets January 1, 1874. S., 119, 237.
Rates as low and equitable as those Of any
other Company.
The ADVANCE DIVIDEND PLAN simpliies
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 it's system OF CONTINUED FULL
INSURANCE, q Policy remains in force after the
discontinuance of the payment Of premium, for
- long as it's value will carry it with the right
OF revival at any time during the first six
months.
Its plan Of TERM INSURANCE, with Low
rates, meets the needs Of business men better
than any other form Of insurance.
It's 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.
It LOCALITIES itself as 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 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-
&C tons with the Company, and of q 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 No. 1S9 Cravier Street, New Orleans
President, GEN. J. B. HOOD.
First Vice President, L. F. GENEREs.
Second Vice President, H. V. OGDEN.
Attorney, R. L. GIBSON.
Secretary, SAMUEL FLOWER.
NJ. Mussen, VS.. Pike,
R. M. Walmsley, John Chahe,
Thomas a. Hunt, R. Pritchard,
Henry V. Ogden, John Williams,
Isaac A. Scherck, Jules A. Blanc.
General Agent, Gen. B. B. SHINES,
Good Agents Wanted. n8 3m.
NEW ORLEANS INSURANCE COMPANY.
ESTABLISHED IN 1905.
Office, corner Of Camp and Canal streets.
Capital .....@0OO'OOO W
Assests, December 81, 1871. >. ..$7J5,84 -
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 M,I Losses payable in
Nv. HMcKs, Secretary.
Geo. Urquhart, N. Payro,
o. T. Dugazon, Placide Forstal,
Nv. Babcock, Aug. Reichard,
T. Bailly- Blanchard, E. Miltenbefger,
A. Schneider, w. B. Schmidt,
Chas LATTE, J. Tuyes. s25 tJa1
MERCHANTs' MUTUAL INSURANCE. CON.
PANY OF NEW ORLEANS
104 Canal Street.
TWENTIETH ANNUAL STATEMENT.
In conformity with tho requirements Of their char
ter, the Company publish the following statement:
Premiums received during the year ending May 81,
1874, including Unearned Premiums Of the previ
Gus year:
On Fire Risk. esq., 800 u
On Marine Risks. ,7SJ
On River Risks ..,.,. - ,.........,. 11,033
Total Premiums. ...................... $sl5,1c n
Less Unearned Premiums. ............ $500 Of
Net Earned Premiums 31st May, 1s73.... t71922l ~
| Losses paid
| On Fire Risks. 361s 66
On Marine Risks. -.-.......... o, S02 Y
On River Risks. ......:....:.. 59,eS =
Taxes and Expenses less In
| terest SsSoA
Reinsurance Return Premium
| and Profits and Loss. eO,N6
Reserved for adjusted Losses 5000 o.
. 80 0,
Profit. slos7es !!
Tho Company have the following assets:
Real Estate ......................... 1eA4ls q
City Bonds 309o39 q
| Banks and Railroad Stocks. Miss q
Notes secured by mortgage. 36477e 9
Notes secured by pledge. 120.335
Bills receivable. $3.50 o.
Premium in course Of collection 105,739 4
State Bonds Observation-Disclosures. 400 O
Insurance Stock. ACKNOWLEDGEMENTS. 1900 O
Stock Vallette Insurance Company...... $500
Stock Of Levee Steam Cotton Press. a7s6 q
Con COMPANY 1000 O
Mortgage Bonds Turner's Association. 1900 O
MORTGAGE Bonds Odd Fellows' Hall...... 5000 O
Cash ON hand.................... ...--. 112372 4