The New Orleans bulletin. [volume] (New Orleans [La.]) 1874-1876, 1874-12-11
INSURANCE.

President. ..........H. w. HOUGH.
Secretary ...........J. X. PIERCE.
Actuary J.. EDWIN w. BRYANT
Assets January 1, 1874. 49,. S., 1922.
Rates as low and equitable as those Of any
other Company.
The ADVANCE DIVIDEND PLAN simplifies
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, a Policy remains in force after the
discontinuance of the payment Of premium, for
as long its 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.
Its system Of DEPARTMENT ORGANIZA-
TIONS, in the several states where doing bust.
| invests the net premiums among the people who
pay them.
| 1t localizes itself as HOME INTEREST,
wherever established, not only BY homo 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.
| &C tons 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.
Office 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.
NJ. Musson, VS. Pike,
r. M. Walmsley, John Chaffe,
Thomas H. Hunt, r. Pritchard,
Joseph Bowling, Julius Vairan,
Henry V. Ogden, John Williams,
Isaac A. Scherck, Jules A. Blame.
| General Agent, Gen. 3. B. SHINES,
! Good Agents Wanted. n8 3m.
NEW ORLEANS INSURANCE COMPANY.
!! ESTABLISHED IN 1906.
J Office. corner of Camp and Canal streets.
Capital. .....-.--. 200 %
Assests, December 81, 1872 ;. ..$755,S41 "a
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.
wv. HINcKs, Secretary.
Geo: Urquhart, N; Payro,
G. w. Babcock, Aug. Richard,
T. Bailly- Blanchard, E. Miltenberger,
A. Schneider, w. &. Schmidt,
Chas. Laftte, J.Tuyes. s25 tJa1
| n
PANY OF NEW ORLEANS,
1O4 Canal Street.
TWENTIETH ANNUAL STATEMENT.
In conformity with the requirements Of their char
ter, the Company publish the following statements
Premiums received during the year ending May 81
| 1874, including Unearned Premiums Of the provt
On Fire Risk. ses3, ac2 o.
On Marine Risks. 07s3
Total Premiums ........... 1915, III n
Less Unearned Premiums. ............ 195, 900 %
Net Earned Premiums 31st May, 1s7s..-. s71S,22l ~
| Losses paid
On Fire Risks. -...............<3636l66 %
On River Risks. ........ $500. $685. q
Taxes and Expenses less In
Reinsurance Return Premium
and Profits and Loss. 60346
Reserved for Unadjusted Losses IS 600 o.
Profit. .!ea, .. I.
Real Estate . nav. wv. ~ "a
City Bonds ACKNOWLEDGEMENTS. 800 032 50
Banks and Railroad Stocks ............. el,lsa %
Notes secured by mortgage. ......--.. 364.77e 3
Notes secured by pledge .-.......-.-.. 19o 335 90
|
Premium in course of collection. .-.... 105 z32 a
State Bonds. Observation-Disclosures. $500 c5
Insurance Stock. Observation-Disclosures. 1900 90
Stock Vallette Insurance Company..... $500 %
Stock of Levee Steam Cotton Press 37s5 %
Stock Of Marine Dry Dock and Ship Yard
| company N,VV w
Mortgage Bonds Turner'S Association. 1900 90
Mortgage Bonds Odd Fellows Hal.--... 5000 90
Cash ON hand. ..-.... 12372 Is
q, 1893 7ol u
| The above statement IL . Just and correct tran.
Jeript from the books of the Company.
| PAUL FOUkCHY, President
G.. W. Mort. Secretary.
STATE OF LOUISIANA I
Parish Of Orleans city Of New Orleans.
| Sworn to and subscribed before me the 9Th day d
June, 1874. r. CHS. CUVELER
! Notary Public, 40 0raviee stree6.
The usual ten per cent interest - payable to tas
stockholders on demand
! DIRECTORS:
p. Maspero. David McCoard,
s. T. Ralt L. r. Generee,