The New Orleans bulletin. [volume] (New Orleans [La.]) 1874-1876, 1874-12-31

Assets January 1, 1874. %. So, 119, es7.
Rates as low and equitable a. those Of anv
other Company.
The ADVANCE DIVIDEND PLAN simpli1es
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, Policy remains in force after the
discontinuance Of the payment Of premium, for
as long as it's value will carry it with the right
of revival at any time during the first si1
months.
Its plan Of TERM INSURANCE, with low
rates, meets the needs of business men better
than any other form Of insurance.
Its system of DEPARTMENT ORGANIZE.
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 localizes 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 meneof their community, by the policy
holders themselves, thus assuring the latter of
an 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 its Charter.
LOUISIANA DEPARTMENT.
Once No. 1s9 Gravier 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.
N. Musson, W. s. Pike,
R. NJ. Walmsley, John Chafe,
Thomas H. Hunt, R. Pritchard,
Joseph Bowling, julius vairan,
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. ..-....--. ..-.-..-.........S5OO,OO 900 90
Assets, December 81, 1879. ..$55j,S41 ~
Insures Fire, Marine and River Risks, dividins
the profits separately on each department to the
For the accommodation of it's customers, the
Company will make Marine Losses payable in
London. J. TUYES, President,
]. W. HNcKs. Secretary.
Geo. Urquhart, N. Payro,
o. T. Dugazon. Placide ForstalA
G. W. Babcock, Aug. Reichard,
T. Bailly Blanchard, E. Miltenberger,
A. Schneider, w. B. Schmidt,
Chas. LATTE, J. Tuyes. s25 tai
MERCHANTS MUTUAL INSURANCE CON
PANY OF NEW ORLEANS
1O4 Canal Street.
TWENTIETH ANNUAL STATEMENT.
In conformity with tho requirements Of their char
ter, the Company publish the following statement:
1874, including Unearned Premiums Of the prs1
Gus year:
On Fire Risk. 900 o.
On Marine Risks. ........................ SO7e3
I'm River kl6K6. l4lU5o
Total Premiums. ACKNOWLEDGEMENTS. s915 1a1 =
Less Unearned Premiums. ............ 1876 900 q
Net Earned Premiums s1st May 1s73.... s71ss III =
Losses paid
On Fire Risks. 61s 60
q River EisIs: ::::::;;::::i:: ss'saS q
Reinsurance, Return Premium
and Profits and Loss. e0,36
Reserved for Unadjusted Losses 5000 o.
- y SIS o.
Profit. sloa7sa Il
The Company have the following assets,
G es;3 B bss:s: 's ssss,s
Banks and Railroad stocks M'1se O.
Notes secured by mortgage. 1884, 70 .
Notes secured by pledge .-.............. 12o335 90
Bills receivable. 4597o 90
Premium in course Of collection ........ los 1872 4
State Bonds. 1900 O.
Stock Vallette Insurance Company ..... oo600 % |
Stock of Levee Steam Cotton Press...... a7e6 % |
Stock Of Marine Dry Dock and Ship Yard
company :.:....:..:..... AVW ~
Mortgage Bonds Turner'S Association. 1000 90 |
Mortgage Bonds Odd Fellows Hau....., 5000 90 |
Cash on hand. l12372 -
1865, 7o4 - |
The above statement IL Just and correct tran.
Jcript from the books of the Company.
PAUL FOUkCHY, President
G. W. NoTT, Secretary.
STATE OF LOUISIANA, Il
Parish Of Orleans city Of New Orleans. |
Sworn to and subscribed before me the 9Th day o.
June 1874 p. CHS. CUVELER
Notary Public, 40 Gravier street.
The usual ton per cont interest 10 payable % tn
ON demand.
DIRECTIONS:
p Naspero David McCoaDd
81 Ralt L. r. Generea
NJ Puio. P. Tourchy,
I'D w Smith ]. j. Fernandaa
D. A. ChafrSix in Allen.
Cha. LAdftA tG08