The New Orleans bulletin. [volume] (New Orleans [La.]) 1874-1876, 1874-12-08

Assets January 1, 1874. S., 119, 237.
other Company.
The ADVANCE DIVIDEND PLAN eimpliaes |
the Policy Contract by giving an increased in.
surance OF twenty-five per cent. during the frat
five years, in lieu Of all other modes Of applying
surplus for that time.
Under its system Of CONTINUED FULL
INSURANCE, Policy remains in force after the
Of the payment of premium, for
as long its value will carry it; with the right
of revival at any time during the first si1
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.
ness docs not drain these sections OF capital but
invests the net premiums among the people who
pay them.
1t locazes 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
Department Board Of Directors, selected from
the best men,of 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 its Charter.
LOUISIANA DEPARTMENT.
Oaice No. lS9 <:ravier street, New Orleans
President, GEN. ]. 3. HOOD.
First Vice President, l.. F. GENERES.
Second Vice President, II. V. OGDEN.
Attorney, r. L. GIBSON.
Secretary. SAMUEL FLOWER.
DIRECTORS.
n. Mussen, W. S. Pike,
Il. NJ. Walmsley, John Chaffe,
Thomas H. Hunt, r. Pritchard,
Joseph Bowling, Julius Vairan,
Henry V. Ogden, John Williams,
Isaac A. Scherck, Jules A. Blanc.
General Agent, Gen. B. B. SHINES,
Good Agents Wanted. n8 3m.
NEW ORLEANS INSURANCE COMPANY.
ESTABLISHED IN 1905.
Office, corner OF Camp and Canal streets.
Capital .-.....--. 100000 90
Insures Fire, Marine and River Risks, dividing
the profits separately on each department to the
insured.
For the accommodation Of it's customers, the
Company will make Marine losses payable in
j. ". R1ScKs, Secretary.
O. I. Dngazon. Placide Forstan,
T. Bailly Blanchard, E. Miltenberger,
A. Schneider, W. B. Schmidt,
Chas. LATTE, J. Tuyes. s25 tJa1
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,
1874, including Unearned Premiums Of the prevt
On Fire Risk. $685. 3o2 ~
On Marine RISKS. -...................... , D.o1
Total Prsmium. ...,..-..........-.. ssl5, lal =
Less Unearned Premiums. ............ 195,900 %
Net Earned Premiums 31st May, 1s73---. t7l9,22l ~
Losses paid
On Fire Risks. .--.....-.......e363 ,616 66
On Marine Risks. $500 7x
On River Risks .............. $3.50 y
Taxes and Expenses less In.
Reinsurance, Return Premium
and Profits and Loss. a0,346
Reserved for Unadjusted Losses 5000 o.
Profit. 500, 1888 Is
Rs.l Estate. e244 as 81
City Bonds NEUTRALITY-SUSPICIOUS.. 3O9032 SC
Banks and Railroad Stocks 2i,lss oc
Notes secured by mortgage 3G4 TIC q
Notes securei by pledge. 1eo,335 &C
Bills receivable. NEUTRALITY-SUSPICIOUS.. 45s70 Oe
Premium in course Of collection los, 732 u
State Bonds. 1900 o.
Insurance Stock ..-...-....-.---........ 1900 O.
Stock Vailette Insurance Company...... 10000 90
Stock of L6vee Steam Cotton Press. 800. 3765 90
Stock Of Marine Dry Dock and Ship Yard
company INV w
Mortgage Bonds Turner's Association. 1000 0t
Mortgage Bonds Odd Fellows Hall $500. 5000 90
Cash Oh hand ........ 372 IS
81, 1863 704 =
The above statement Ia inst and correct tran.
script from the books of tho Company.
PAUL FOUKCHY, President
G. W. NoTT, Secretary.
STATE OF LOUISIANA, I
Parish Of Orleans, city of New Orleans.
Sworn to snd subscribed before the 9Th Day OF
juno 1874. 2. CHS CUVELEE,
Notary Prbiic $40 Gravier street.
The usaal ten per cont interest is payable TO tbs
stockholders On demand.
DIEECr0ES:
p Maspero David McCoard,
s. 2. Ret L. F. GeDeree,
II. PUG, P. Eourchy,
r n1c