The New Orleans bulletin. [volume] (New Orleans [La.]) 1874-1876, 1874-07-25

TWENTY FIFTH ANNUAL STATEMENT
CRESCENT MUTUAL INSURANCE COMPANY,
May %, 1874.
The trustees in conformity to the charter submit
the following statement of the affairs of the cODany
on the Both of April 1874:
FIRE premiums -S 2l9 lOo %
Marine premiums. 46 1886 IS
River premiums 134551 $500 594 IS
Earned premiums less reinsurance and
| return premiums Observation-Disclosures. 319 s33 81
| Losses paid and estimated
On fire risks $50, ass IA
ON ON marine rarn r;r risks ss ~ 3 os
| Taxes discount in lieu of
participation, interest on
capital expenses, etc, less
discount, etc .---...-.. 100 .yj4 o. 256 S31 90
Leaving net profits .--.-...... S62 7Oa 90
p -, The company have the following assets:
Loans Oh bond and mortgage 72O2s 66-s109 $50 II
Loans on pledge of stock at
can Sl3S, 2O5 Sc
Cash on hand SO, 1872 Is 2O2 O3s 81
Real estate. ..........--.... lis, 759 AZ
City bonds. bank and other stocks 162,03l so
PREMIUMS III course OF collection SO, 100 SO
$685., $40 p
The above statement is true and correct tran.
script from the books of the company
THOMAS A. ADAMS President
HENBY V. OGDEN, Secretary.
STATE OF LOUISIANA
Parish of Orleans City of New Orleans
Sworn to and subscribed before me- this 23d day of
May 1874. W. E. EVANS
Second Justice of the Peace
Parish of Orleans La
The Board of Trustees Resolved That after pay
ing the Fourth Quarterly Interest of 12 per cent on
TWENTY-FIVE PER CENT be paid in CASH on
and after the 3d day of june next to those parties
insuring with the company entitled to receive the
same.
TRUSTEES:
Thos; Adams Smn1 b Newman,
Sam'l II. Kennedy, C.. Z. Buddecke
Jonn Pheps A. T.. ODER,
Adam Thompson, Henry Abraham
7. N. Strong Victor Never
Jos Bowling, Edw. j. Gay.
JnO M Sandldge, Simon Hernsheim
Simon Forchemer, JOS. B. Wolfel
X. b. Post L. T. Torian
Edw. Pilsbury, John f. King
Chas e. Stay back, Fredk Camerden
David Wallace, J. l.. Harris
Andrew Stewart, JOS. Stone
myA ThSaly
M ERCHANTS' MUTUAL INSURANCE COM |
PANY OF NEW ORLEANS,
1O4 Canal Street.
TWENTIETH ANNUAL STATEMENT,
In conformity with the requirements of their char.
ter, the Company publish the following statement:
Premiums received during the year ending May 81
- = no cHo"AAe" 4 AOiAiuA.o VI euo PTe'i
GUS year:
On Fire Risk s69s3oa o.
On Marine Risks. Observation-Disclosures sO783,
On Rlver Risks 141 OBS.
Total Premiums ............. 1915 121 "a
LESS Uneafned PREMIUMS 195,9OO 90
Net Earned Premiums 31st May 1873. s7l9, 22l "a
Losses paid
IN ERE RISKS -$363615 IS
IN Marine RISES --.-.-- $780, y
Taxes and Expenses less In
Reinsurance, Return Premium ''"'
and Profits and Loss. -...-.. 6O346
Reserved for Unadjusted Losses As 900 o.
- 81 ,F5s 06
Profit Observation-Disclosures. sloa7 1863 ls
The Company have the following assets:
Real Estate ss14415 Sc
j1ty Bonds 800 032 50
5anks and Railroad Stocks ... bliss On
Notes secured by mortgage ....--..-.. 364 77s u
Notes secured by pledge. l2OYt5 90 |
riils receivable ------------ 1850 O0
'remum in course of collection . lO5 7,l a
'tase BOMBS --------------.---- 900 o.
insurance Stock OBSERVATION-DISCLOSURES. ZOO 90 |
stock Vallette Insurance Company % ,0I M
tock of Levee Steam Cotton Press 37s, 90
took OF Marine Dry Dock and Ship Yard
Iortglse Bonds Turner's ASSOCIATION 700 OK
Mortgage Bonds Odd Fellows Hall 49,. $500 w >
ASH on nanu- ACKNOWLEDGEMENTS. 1882 4. | q
sl.sas, 7o4 e
|
The above statement is a Just and correct tran '
Crypt from the books of the Company.
PAUL FOUKCHY, President
u. W. MOTT Secretary.
STATE OF LOUISIANA
Parish of Orleans city OF New Orleans {
Sworn to and subscribed before me the 9Th dav n,
une, 1s74. Z. CHS. CUVELER
Notary Public, l4O Graylor street
The usual ten per cent interest ia payable to the
OckhOidors demand =
DIRDCTORS:
r Maspero. David McCOard
e keit l. r. Genesos I
Pug, p. Fourchy, q
NJ ". Smlto il. Fernandez
I'D. A.