The New Orleans bulletin. [volume] (New Orleans [La.]) 1874-1876, 1874-12-24
Assets January l, 1S74......$5, 119, ss7.

Assets January 1, 1S74......$s,1 19, ss7.
Rates - low and equitable - those of .nv
other Company.
Tho ADVANCE DIVIDEND PLAN simpliaes
the Policy Contract by giving an increased in.
surance Of twenty-five per cent. during the frat
ive years, In lieu Of all other modes Of applyins
surplus for that time.
Under ito system Of CONTINUED FULL
INSURANCE, . Policy remains in force altar the
discontinuance Of the payment of premium, for
- long - its value will carry it with the right
Of revival ct any time during the first III
months.
1ts plan Of TERM INSURANCE, with Low
rates, meets the needs Of business men better
than any other form Of insurance.
1ts system Of DEPARTMENT ORGANIZA.
T1ON6s in the several states where doing busi.
ness does not drain these sections Of capital, but
invests the net premiums among the people who
pay them. s -
It LOCALITIES itself ~ 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 Board Of Directors, selected from
the best msneof their community, by the policy
holders themselves, thus assuring the latter Of
IN 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.
0nee Ne. 1s9 Gravier Street., New Orleans
i. President. GEN. J. B. HOOD.
First Vice President, L. F. GENERES.
Second Vice President, 81. " OGDEN.
Attorney, R. L. GIBSON.
Secretary, SAMUEL FLOWER.
DIRECTORS.
\. Mussen. w. s. Pike,
n. Walmsley, John ChafFe,
Thomas H. Hunt, R. Pritchard,
Joseph Bowling, julius vairan,
Henry v. Ogden. John Williams,
Isaac A. Hcherck, Jules A. Blame.
General Agent, Gen. B. B. SHINES,
Good Agents Wanted n8 SIN
NEW ORLEANS INSURANCE COMPANY.
ESTABLISHED IN 1s06.
ONCE, corner Of Camp and Canal streets.
Capital. ..................S50O,O 900 -
Assssss, Dsssnber 81, lS72. :. ..45SJ,Sl1 - |
Insures Fire, Marine and River Risks. dfyidine |
ths profits separately ON each department. to tho
Tos tie accommodation Of It. cu.tomsrs. III
Company win make Marine Losses payable In |
NV. H1suzs, Secretary.
g. 81 Z. gp5 qsaaon,. Pi. rf Ror,t.u.
g. ". Babcock, Aug. Reichard,
7. B.ily; blanchard, =; Mltenberger.
Chas. LATTE, J. Tuyes. as tJa1
MUTUAL INSURANCE CON.
RANY OF NEW ORLEANa
104 Canal Street.
TWENTuTH ANNUAL STATKlENT. i
In conformity With the requirements Of their ohae
Ir tho Company publish the following statement:
Premiums received during the year ending NAY n |
1874, including Unsarned Premiums Of Che prsvt |
Gus year:
On Mre Risk; eeoa,3e "
On Marine Mska ............ ............ 00,7e3
On River Risko............sm........ A1O0G
Total rtsniums. ...................... 0oas,lm 4
Lsss UnsaEaed Prsmiuma.. ............ 1o6.ooo q |
Rsk Earned Prsniuns INST Nay, 1s73.... e71Aan n
Losses pAid- II
d Nre Msks .t3o3,ne %
On Marine Eishs.- 6SSO5 q
On River Risks .............. 59,6S -
Taxes end Expenses less In
Reinsurance, Return Premium
and Prodts and Loss. e0346
Reserved fe Unadjusted Losses 5000 %
PROFIT. ............................. l1oa7e3 =
The COMPANY have the fdllowh< assets,
lSeA 6otooo ...iss ~ I'D u
City Bonds ............ 200039 Sc
Ba1ks and Railroad Stocks. ...........-. Miss @
lq6tes secured BY mortgage. S64Tn q
Notes secured BY pledge. 1913as @
Bih receivable. $3.50 %
Pfsmi1m in ooun0 Of collection 10H73 q
state Bonds. ........................... 1900 q
Insurance Stock. Observation-Disclosures. 1850 %
3tsck Vallstts Insurance Company...... 216oo q
stock Of Levee Steam Cotton Press.....: 47sg %
9tock u Marine Dry Dock and Ship Yard
xss::: Ss;i: T:;;: 1::ss:::::: :sss 3:
lfrr<@aSa BANDA Odd Eallowa' Hall kn00 n |