The New Orleans bulletin. [volume] (New Orleans [La.]) 1874-1876, 1875-02-06
Assets January l, 1874. IS, 119, 2s7.

Rates a. low and equitable as those Of any
other Company.
The ADVANCE DIVIDEND PLAN simpliaes
the Policy Contract by giving an increased In
surance OF twenty-five per cent. during the hrst
five years, in lieu Of all other modes Of applying
surplus for that time.
Under it's system Of CONTINUED FULL
INSURANCE, Policy remains in force after the
discontnuance Of the payment of premium, 1ue
as long as its value will carry it; with the right
OF revival at any time during the first liz
months.
Its plan Of TERM INSURANCE, with lov
rates, meets the needs of business men better
than any other form of insurance.
Its system Of DEPARTMENT ORGANIZE.
TONS, in the several states where doing bud
ness, does not drain these sections Of capital but
invests the net premiums among the people who
pay them.
It LOCALITIES itself as HOME INTEREST.
wherever established, not only by . home invest.
ment Of premium receipts, as stated, but by The
advisory direction and superintendenoe Of the
Department Board Of Directors selected from
the best menof their community, by the policy.
holders themselves, thus assuring the latter q
an honorable and liberal dealing in their trans.
actions with the Company, and Of permanent
local Office for the payment Of premiums, sts.
These advantageous features, offered only b
this Company, are guaranteed in it's Charter.
LOUISIANA DEPARTMENT.
OMcc No. 1S9 Gravier Street, Now Orleans
President, GEN. ]. B. HOOD.
First Vice President. L. F. aENEREa
Second Vice President, II. V. OGDEN.
Attorney, R. L. GIBSON.
Secretary, SAMUEL FLOWER
DIRECTORS.
N. Musson, VS.. Pike,
R. NJ. walmsley, John Chana.
Thomas b. 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. n6 IN
T,EUT0NA INSURANCE COMPANY
OF NEW ORLEANS.
Insure Fire, River and Marine Risks ct IL Lsweo
OFFICES Camp street, New Orleans.
Assets 1914, 993 q
A. Elmer BADER. President
CHI. ENGSTFELD, Vice President
GEO. STRONGER, Secretary.
BOARD OF TRUSTEES:
Henry Abraham A. Elmer Bader, Ma. Baumsarasn
E. F. Del Bondio, Chs. Engstfeld, N. Frank,
H r Gogreve, Hy Hs!ler, s s., Kat.
Louis Lombard G. Il. Miller, F. Rickert,
F. ROder, Louis Schneider, w. b. SchmidA
K Sieg, Isaac Scherk, ]. NJ Schwartz,
Louis Schwartz, K Wessenbach, ]. r wilder.
MERCHANTS MUTUAL INSURANCE com
PANY OF NEW 0RLEANA
1O4 Canal Street.
TWENTIETH ANNUAL STATEMENT.
In conformity with tho requirements Of their oaa.
ter the Company publish the following statement,
Premiums received during the year ending May 81
1874, including Unearned Premiums Of the prsvI
On Fire NEUTRALITY-SUSPICIOUS.. eeos, so q
On Marine Risks. INSTRUMENTATION. e0,769
On River Risks. .............. IA, o08
Total Premiums. ...................... e915 lM -
Less Unearned Premiums. 1875, 800 6
Net Earned Premiums 31st May 1e73.... t719,2M -
Losses paid
On Fire Risks ................$3s361 s es
On Marine Risks. ............ 63305 n
On River Risks. .............. 59825 =
Taxes and Expenses less In
UoroSt J,j6l
Reinsurance, Return Premium
and Profts and Loss. ...... e0346
Reserved for Unadjusted Losses 4, 600 o.
= - .
Profit. uoa, no y
The Company have the following assets,
Real Estate. 0o4l llS .
City Bonds W8,Q0 -
Banks and Railroad Stocks. N,16e %
Notes secured by mortgage. ............. 3647U -
Notes secured by pledge 120.335 %
Bills receivable. $3.50 %
Premium in course of collection ........ los ia e.
State Bonds. .--......................... 1900 o
Insurance STOCK 1850 -
Stock Vallette Insurance Company $1,000 %
Stock of Levee Steam Cotton Press Ann a.
Stock Of Marine Dry Dock and Ship Yard
Mortgage Bonds Turner'S Association. 5000 %
Mortgage Bonds Odd Fellows Han...... 5000 %
Cash on hand.... ........ 1123n .