The New Orleans bulletin. [volume] (New Orleans [La.]) 1874-1876, 1874-12-30
INSURANCE.

Secretary. X. PIERCE.
Actuary. EDWIN w. BRYANT
Assets January 1, 1874. .$5,119, S37.
Rates as low and equitable IS those Of any
other Company.
The ADVANCE DIVIDEND PLAN simplines
the Policy Contract by giving an increased in.
surance Of twenty-five per cent. during the first
five years, in lieu Of al other modes of applying
surplus for that time.
Under its 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 ORGANIZA.
TONS, 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 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 mensof 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 it's Charter.
LOUISIANA DEPARTMENT..
Once No. $50 Gravier Street, New Orleans
President, GEN. ]. B. HOOD.
First Vice President, L. F. GENERES.
Second Vice President, H. v. OGDEN.
Attorney, r. L. GIBSON
Secretary, SAMUEL FLOWER.
DIRECTORS.
NJ. Mussen, W. 8. Pike,
R. NJ. Walmsley, John Chafe,
Thomas 81. Hunt, f. Pritchard,
Joseph Bowling, julius vairan,
Henry Y. Ogden, John Williams,
Isaac A. Scherck, Jules A. Blame.
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. $500, 900 90
Assests, December 81, 1872. ..S755,S41 -
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 Losses payable in
London. ]. TUYES. President,
J. W. H1SCxs, Secretary.
DIRECTORS:
Geo. Urquhart, NJ. Payro,
o. T. Dugazon. Placide Forstall,
f. Rs1 ssash.rd T. Ell &ii ssfsssS
A. Schneider, w. B. Schmidt,
Chas. Laftte, J. Tuyes. s25 tJa1
MERCHANTS MUTUAL INSURANCE CON,
PANY OF NEW ORLEANS.
1O4 Canal Street.
TWENTIETH ANNUAL STATEMENT.
In conformity with the requirements Of their oAar.
Premiums received during the year ending May II,
1874 including Unearned Premiums Of the previ
Gus year: ..o.
On Marine Risks ...........-....-... sU70
On River Risks. l4lU35
Total Premiums. .................... eol5 l21 ..
l Less Unearned Premums. ....-....... 19500o oc
Net Earned Premiums slst May ls73.--. s7ls.aal y
Losses paid
On Fire Risks. ...............-$36361e6 6
On River Risks. o9,e1o -
Taxes and Expenses less In
Reinsurance ssss, Return Premium ''
and Profits and Loss. 60,36
Reserved for Unadiusted Losses 5000 b.
-- D So "
Profit. ACKNOWLEDGEMENTS. ,1es7s3 II
Es.l Estate: 1865 e =
banks and Railroad Stocks. .....-....-.. M,1se O.
Notes secured by mortgage. 3A.77s n
Notes secured by pledge ................ 0335 60
Bills receivable $3.50 o.
Premium in course Of collection ......... los 732 n
State Bonds. ............................ $500 o.
Insurance Stock. ...................... l,e0O o.
Stock Vallette Insurance Company 20, 800 %
Stock Of Levee Steam Cotton Press. 3765 q
' Company -. 1870 . 1000 %
Mortgage Bonds Turners' Association. 1900 Of
Mortgage Bonds Odd Felows' HAu...... 5000 oc
Cash on Observation-Disclosures. ....... 112379 E
S1,36s, 7ol n
The above statement 10 . inst and oesrect tran.
Jcript from the books of the Company.
PAUL FOURCHY, President
G. W. Mort, Secretary.
STATE OF LOUISIANA, I
Parish Of Orlsans city Of Now OrieanA
Sworn to and subscribed before me the 18th day d
lime 1s7l p. CHS CUVELER
Notary Public, 40 Gravier street.
The usua ten DOR cont interest il payable b Tia
stockholders ON demand.
p Maapero David McCoas4.
81. Ralt L. r. Generes,
II Puio. P. Tourchy,
ri " Smith il. FernandaR
D. A. ChafraiL ]. NJ Allen,