The New Orleans bulletin. [volume] (New Orleans [La.]) 1874-1876, 1874-12-04
INSURANCE.

Secretary. ..........J. X. PIERCE.
Actuary. EDWIN w. BRYANT
Assets January l, 1874. .... So, 119, S37.
Rates as low and equitable as those of .nv
other Company.
The ADVANCE DIVIDEND PLAN simplifes
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 tho
! 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 ak
! months.
Its plan of TERM INSURANCE, with low
rates, meets the needs of business men BETA
than any other form OF insurance
It's system of DEPARTMENT ORGANIzA.
TONS, in the several states where doing busi.
ness, docs not drain these sections OF capital INIT
invests the net premiums among the people who
pay them.
1t local!zes itself RS A HOME INTEREST.
wherever established, not only by a home invest
ment OF premium receipts, as stated, but by the
advisory direction and superintendent of tho
Department Board OF Directors, selected from
the best men'of their community, by the policy
holders themselves thus assuring the latter
an honorable and liberal dealing in their trans.
actions with the Company, and Of q permanen
local Office for the payment Of premiums, ct
These advantageous features, offered only b
this Company, are guaranteed in its Charter.
LOUISIANA DEPARTMENT.
Office 30. 1ss Grnvicr street, New Orle.n.
President, GEN J. 3. HOOD.
First Vice President, L. 4. GENERES.
Second Vice President, ii. v. OGDEN.
Attorney, r. l.. GIBSON
Secretary, SAMUEL FLOWER.
DIRECTORS.
Ii. MussOn, W. s. Pike,
Il. NJ. Walmsley, John Chaffe,
Thomas H. Hunt, Il. Pritchard,
Joseph Bowling, Julius Vairan,
Henry V. Ogden, John Williams.
Isaac A. Scherck, Jules A. Blanc.
o'..~~ -"
General Agent, Gen. L. Z. SHINES
Good Agents Wanted. ms SIN.
NEW ORLEANS INSURANCE COMPANY
ESTABLISHED IN 1905.
Office, corner OF Camp and Canal streets.
capital. .---..---. --..---...-......2 900 90
December 81, 1872 . S1Jj,S4l ~
Insures Fire, Marine and River Risks, dividing
the profits separately on each department to the
insured.
For the accommodation of its customers. the
Company will make Marine losses payable in
London. j. TUYES. President.
J. ". H1ScKs Secretary. ''''''~'
Geo: Crquhart, NJ. Payro,
y. I; Dugazon, Placide Torstan,
Z. W. Babcock, Aug. Reichard
T. Bailly- Blanchard, L. Miltenberger.
a: Schneider, W. Il. Schmidt,
Chas. LATTE, ]. Tuyes. s25 f,Ia1
NJ ERcHANTs MUTUAL INSURANCE CON.
PANY OF NEW ORLEANS.
lO4 Canal Street.
TWENTIETH ANNUAL STATEMENT.
In conformity with the requirements Of their char.
or, the Company publish the following statement;
Premiums received during the year ending Nav 81.
1874, including Unearned Premiums Of the prsvi.
Gus year:
IN Fire Risk ..-............-........ $685. 3O2 o.
IN Marine Risks 607e3
IN River Kisks.-........... ............ 1l,O35
Total Premiums. --.....-.............. ssl51a ~
LOSS oneaInod fremums.. 1876 100 %
Vet Earned Premiums slst May. ls's.. e719,eel =
Losses paid
IN Fire Risks X, .$'ss,s1s 6s
~ Marine laskS. -........... 63,305 "
Taxes and Expenses less In
, Return Premium '''''
and Profits and LOSS. ..... sl346
Reserved for Unadiusted Losses 5000 o.
- u $50 %
Profit. :!Sa; %, j.
The Company have the following assets:
Zeal Estate s244,4ls 50
tanks and Railroad Stocks ............. 2i'iss "a
Votes secured by mortgage --.......... 1854 ria q
votes secured by pledge l2O3y5 60
'rsmi1m in course Of collection $50. 1os
tate Bonds. Observation-Disclosures. s,soc Is
insurance Stock. OBSERVATION-DISCLOSURES. ian m
took Vallette Insurance Company. % SSS a.
took of Levec Steam Cotton Press ass a
took of Marine Dry Dock and Ship Yard
Company
fOrtgage Bonds Turner's Association oN0 ~
lo,bgase bondS Ooa Fellows Hall. ..... 5000 %
ASA y" nA0" -.-'--...-.-.. 112372 ~
1859 7ol ~
Tho above statement Ia q inst and correct .r..
sript from the books Of the Company.
PAUL FOUECHY PresidsnA
q. w. NOTT. Secretary
STATE OF LOUISIANA,
Parish Of Orleans city Of New OrleanA I
Sworn TO and subscribed before me the stb dav Il
une, 1874. r. CHS. CUVELER
Notary Public, 40 Gravier street.
The usnal ten per cent. interest 10 payable to The
Ockholders on demand.
DiYECTORa: