The New Orleans bulletin. [volume] (New Orleans [La.]) 1874-1876, 1874-07-24

|
! Net Fronts 1857, 784 u
THE COMPANY HAVE THE FOLLOWING ASSETS,
TO WIT:
| Cash on hand .......... SAL ,184 80
| Premiums in course OF
collection ..:........ 54,743 40
Bills Receivable for loans
on pledge. ........... $50, 412 46
Bills Receivable at short
date .............. 25597 Is
Bank and other Stocks. 2O3,O74 05
Stocks Of City Railroads. 72,S75 90
City and other Bonds. 1865 81
Bonds of Masonic Grand
Lodge of Louisiana. 5000 90
Bonds of Odd Fellows
Hall Association...... 5000 90
Bonds of Association for
Relief of jewish Wild
ows and Orphans. -. 1000 90
Real Estate. ......A... 1920 SO
-$1 ,549, 756 SO
The foregoing is true and correct transcript
'' ' 'A' Il. BoIHE, President.
Ed. A. PALFREY, Secretary.
STATE OF LOUISIANA, J
Parish of Orleans, City Of New Orleans
Sworn to and subscribed before me, thus Goth
day Of May, 1874. EDWARD IVY,
Notary Public.
At Special Meeting of the Board of Trustees,
held on the 18th instant, it was
sEMTANSUAI f IN sfle OF FIVE PER
CENT. to 3Oth April, 1874 making ten per cent.
per annum on the CAPITAL STOCK Of the
G9mpany 81. ,ooo and cash dividend Of
amount (s512 155 12) Of their net earned partic.
patng premiums.
HARMON DoANE, President.
ED. A. PALFREY, Secretary.
TRUSTEES.
Moses Greenwood, John I. Adams,
W. A. Johnson, Isaac Scherck,
John |: Noble, R. M. Walmsley,
John Chaffe, VIM. Morrison,
Richard NIilliken, Joseph W. Carroll,
Sam'l E. Moore, A. Brttin, |
j. |. Warren, A. H. May,
Il. T. Buckner, S. H. SnOWden
Samuel Friedander, T. Lytt. Lyon,
II. Frellsen, w. G. Raymond,
W. 5. Pike, James s. Prestidge,
A. A. Yates, Samuel II. Boyd,
my2S Joseph McElrov.
MERCHANTS MUTUAL INSURANCE COM
PANY OF NEW ORLEANS,
IOi Canal Street.
TWENTIETH ANNUAL STATEMENT
In conformity with the requirements of their char
ter the Company publish the following statement:
Premiums received during the wear ending Nav 81
1874, including Unearned Premiums of the previ
GUS year:
On Fire Risk Observation-Disclosures. $685., 3oa o.
IN Marine Risks ACKNOWLEDGEMENTS so 1879
IN klveT Risks ACKNOWLEDGEMENTS. 141 OBS.
Total Premiums. OBSERVATION-DISCLOSURES. s91512l "a
Less Unearned Premiums. ..... 1876 900 90
Net Earned Premiums 31st May, 1973.... s719,221 a
Losses paid
IN Fire Risks --........-. 1868 SIS Is
IN Marine Risks 1906 y
IN River Risks -------..-. 81. s25 %
Taxes and Expenses less In
tereSt ......--. 1891
Reinsurance Return Premium
and Profits and Loss. .-...-. sO346
Reserved tor Unad justed Losses $4,000 o.
50 455 o6
Profit. SOB 1863 Is
The Company have the following assets
ZEAL Estate. S214415 Sc
ity Bonds 400 O}3 IN |
banks and Railroad Stocks .... al1Ss 90
,otes secured by mortgage. ......... 1864 rs %
votes secured by pledge ..-----...--.. 80 1856 so
'iils reeelVabie- $3.50 90
remium in course of collection ..-.. 1Oj 1872 "A r
tate honds $500 O5 :
insurance Stock . / 300 m i
took Vallette Insurance Company 90 500 O0
took of Levee Steam Cotton Press 37s5 on
took OF Marine Dry Dock and Ship Yard
lortgage Bonds Turner's Association. 700 90 90 7
lortgaee Bonds Odd Fellows Hall -. 5000 90 L
ash on haha ACKNOWLEDGEMENTS. 1l2.372 IS
sl3es, 7o4 7s
The above statement is Just and correct tran
'ript from the books of the Company
PAUL FOURCHY, President +
u. W. NOTT, Secretary
STATE OF LOUISIANA.
Parish of Orleans, city of New Orleans :
sworn to and subscribed before me the 9Th day OF
Inc 1874. p CHS CUVEIFp
Notary Public liO Gravier street
The usual ten per cent. interest is pavabe tn tho
demand.
DIRECTORS:
+ Maspero, David McCoard V
o IT, kelf, L. +. Generes al