The New Orleans bulletin. [volume] (New Orleans [La.]) 1874-1876, 1874-12-17

Assets January 1, 1874. So, 1882.
Rates as low and equitable a. those Of any
other Company.
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 as it's value will carry it with the right
Of revival at any time during the first III
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.
T1ONs, 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 Localities 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
De partment Board Of Directors, selected from
the best meniof their community, by the policy
holders themselves, thus assuring the latter of
an honorable and liberal dealing in their trans.
lions 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. $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.
NJ. Musson, VS.. 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. Blame.
General Agent, Gen. B. 3. SHINES,
Good Agents Wanted. n8 SIN.
NEW ORLEANS INSURANCE COMPANY.
ESTABLISHED IN 1905.
Office, corner Of Camp and Canal streets.
Capital. recommendation 900 90
4 a
Insures Fire, Marine and River Risks, dividinR
the profits separately on each department. to the
insured.
For the accommodation Of its customers, the
Company will make Marine Losses payable in
London. ]. TUYES, President.
]. ". H1scKs, Secretary.
g. eeG F. G bagaaoa, n fia paa59 forst.
G.. w. Babcock, Aug. Reichard,
T. Bailly- Blanchard, E. Miltenberger,
A. Schneider, w. B. Schmidt,
Chas. Lafitte, J. Tuyes. s25 tai
MERCHANTS MUTUAL INSURANCE CON.
PANY OF NEW ORLEANS
1O4 Canal Street.
TWENTIETH ANNUAL STATEMENT.
In conformity with the requirements Of their char
tor, the Company publish the following statement:
Premiums received during the year ending May 81,
1874, including Unearned Premiums Of the prevt
GUS year:
On Fire Risk $3.50 3o2 oS
On Marine Risks. Observation-Disclosures. 60753
On River Risks. observation-disclosures. III, 035
Total Premiums Observation-Disclosures 915 121 q
Less Unearned Premiums ............ 1875 900 o.
Net Earned Premiums 31st May 1s73.... t719 III y
Losses paid
On Fire Risks. 1868 618 SO
On Marine Risks. ............ 63 305 y
On River Risks. .............. s., 625 y
Taxes and Expenses less In.
toreSt- J,j04
Reinsurance, Return Premium
and Profits and Loss. ....... e0,346
Reserved for adjusted Losses $1,000 o.
- So D.
Profit ylos7 es Il
Real Estate s9444ls 81
City Bonds 09032 50
Banks and Railroad Stocks. N1eo oc
Notes secured by mortgage. 36477e =
Notes secured by pledge 40 335 O.
Bills receivable. NEUTRALITY-SUSPICIOUS.. lSs70 %
Premium in course Of collection los 732 n
State Bonds. ACKNOWLEDGEMENTS. $500 O.
Trar Stuck I