The New Orleans bulletin. [volume] (New Orleans [La.]) 1874-1876, 1874-12-09

Assets January l, 1871 -. s5.I1M237.
Rates as low and equitable as those Of snv
other Company.
The ADVANCE DIVIDEND PLAN simp,ihes
the Policy Contract by giving an increased in.
surance OF twenty-five per cent. during the fret
five years, i'll lieu Of all 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 81,
months.
Cts plan OF TERM INSURANCE, with low
| rates, meets the needs OF business men better
than any other form of insurance.
Its system OF DEPARTMENT CRGaNIZA.
! 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.
| 1t locahzes Itself as A HOME INTEREST.
wherever established, not only by home invest.
ment OF premium receipts, as stated, but by the
|
Department Board Of Directors, selected from
the best menSot their community, by the policy
| holders themselves, thus assuring the latter OF
an honorable and liberal dealing in their trans.
| &C lions with the Company, and of q permanent
| local Office for the payment Of premiums, etc.
These advantageous features, offered only by
! this Company, are guaranteed in its Charter.
LOUISIANA DEPARTMENT.
Office No. lS9 Gravier >treet. New Or,eap.
president, GEN. J. 3. HOOD.
First Vice President, L. +. GENERES.
Second Vice President, II. Y. OGDEN.
Attorney, Il. L. GIBSON.
Secretary. SAMUEL. FLOWER,
DIEEcToRss
NJ. Musson. W. s. Pike
r. NJ. Walmsler. John Chaffe.
Thomas H. Hunt. y. Pritchard.
Joseph Bowling, .iulius Vairan.
Henry V. Ogden, John Williams.
Isaac 4. Scherck. Jules 4. Blame.
General Agent, Gen. Z. L. SHINES.
Good Agents Wanted. "A. I'm.
NEW ORLEANS INSURANCE COMPANY.
ESTABLISHED IN 1905.
Office. GOMEZ Q: Camp and Canal .:ree...
Capital ........-. ............... 100000 90
Assests. December 81. 1872 :. .S.55.S4f "a
Insures Fire, Marine and River Risks, diyidins
the proats separately OF each department to tia
insured.
For the accommodation Of its customers, the
Company viii make Marine Losses payable in
London J. TUYES, Precedent.
J. ". HrNcKs, Secretary
DIRECTORS:
Geo. Urquhart, n. Payro,
q. L. DugaZOn, Placide FOrstal'
g. ". Babcock, Arg Reichard.
7. Bailly-Blanchar1 Z, lIitenberper .
A. Schneider, W. y. Schmidt
Chas. Lafltte, J.Tuyes. SIS tJa1 .
MERCHANTS MUTUAL INSURANCE COx.
PANY OF NEW ORLEANS
1O1 Canal Street.
TWENTIETH ANNUAL STATEMENT.
In conformity with the requirements Of their char
Ier, inc company puolish the following statement
Premiums received during the year ending MAY II
1874, including Unearned Premiums Of the previ
in Fire Risk. Observation-Disclosures. 1893 BOZ o. |
in Marine Risks Observation-Disclosures. sD7e,
IN River Risks. ,-... l1lC95
Total Premiums Observation-Disclosures. tsl5l21 q
Less UneaIned Premiums. - lG5gOo o.
Net Earned Premiums 2lst May 1s73 SIC 81 n
Losses paid
IN Fire Risks. -......-..-...- .is5, 61s ts
IN Marine Risks. Gi3o5 -
IN River Risks. ..---.-.-..- So s25 D