The New Orleans bulletin. [volume] (New Orleans [La.]) 1874-1876, 1874-12-20

secretary. ..........J. X. PIERCE.
Actuary. EDWIN w. BRYANT
Assets January l, 1874. ....$5, 49, s7.
Rates - low and equitable a. those of anv
other Company.
The ADVANCE DIVIDEND PLAN simpliaes
the Policy Contract by giving an increased in.
surance Of twenty-five per cent. during the first
five years, in lieu Of al other modes Of applying
surplus for that time.
Under it's system Of CONTINUED FULL
INSURANCE, . Policy remains in force after the
discontinuance of the payment of premium, tos
IS long rs its value will carry it; with the right
Of revival 1t 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.
TONS, in the several states where doing busi.
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
Department Board of Directors, selected from
the best mensof their community, by the policy
holders themselves, thus assuring the latter of
an honorable and liberal dealing in their trans.
ctions 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 it's Charter.
LOUISIANA DEPARTMENT.
Once No. 1S9 Gravier Street, Now Orlea.s
President, GEN. J. B. HOOD.
First Vice President, L. F. GENERES.
Second Vice President, H. v. OGDEN.
Attorney, R. L. GIBSON.
Secretary, SAMUEL FLOWER.
N. Mussen, VS.. Pike,
R. NJ. Walmsley, John Chaffe.
Thomas II. Hunt, R. Pritchard,
Joseph Bowling, Julius Vairan,
Henry V. Ogden, John Williams,
Isaac A. scherck, Jules A. Blame.
General Agent, Gen. B. B. SHINES,
Good Agents Wanted. n8 SIN
NEW ORLEANS INSURANCE COMPANY.
ESTABLISHED IN 1906,
Office, corner Of Camp and Canal streets.
Assesss, December 81, 1877. . .97SJ,S4l -
lnsures Fire, Marine and River Risks, dividine
the profits separately on each department to tho
For the accommodation Of it's customers the
Company viii make Marine losses payable in
NV. Huoxs, Secretary. >' ''''''A''
oe4 +. GS5 aessos. n fia p:S,G aor.t.
g. W. Babcock, Aug. Reichard,
T. Bailly: blanchard, E. Miltenberger,
A. Schneider, w. B. Schmidt,
Chas. LATTE, ]. Tuyes. s25 tai
MUTUAL INSURANCE CON
PANY OF NEW 0RLEANA
1O4 Canal Street.
TWENTIETH ANNUAL STATEMENT.
In conformity with the requirements Of their chae
ter, the Company publish the following statement:
Premiums received during tho year ending NAY 81
1874, including Unearned Premiums Of The prsH
ous year:
On Fire Risk )oo33o9 "
I'm Marine Risks. ACKNOWLEDGEMENTS. o0763
IN 60veF 6Aeko. as.s IA, U.s.
Total Premiums. ..................... e915 1N n
Less Unearned Premium. 1969oo %
Net Earned Premiums 3lst May 1s73.... S7192u ~
Losses paid
On Fire Risks. ................$363,616 60
On Marine Risks. ............. 633O5 ~
On River Risks. .............. 59e25 q
Taxes and Expenses less In
terost- 1851
Reinsurance Return Premium
and Profits and Loss. ....... e0346
Reserved for Unadjusted Losses 5000 o.
-- y 80 q
Profit. ............................ Noa7es u
The Company have the fofloWin9 assets,
Real Estate. o9l4l1 q
my bonds 309o30 &c
Sanks and Railroad stocks Miss o. /
Nocoe secured ~ mortgage. ............. 36470 -
S0see secured Dy pledge 12o336 &C
Premium in Oonraa nf collecfinn AZ ~ III