The New Orleans bulletin. [volume] (New Orleans [La.]) 1874-1876, 1875-07-02
INSURANCE..
MERCHANTS MUTUAL INSURANCE CoA-
PANY OF NEW ORLEANS,
1O4 Canal Street..

1O4 Canal Street.
TWENTY-FIRST 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
] 1875 including Unearned Premiums OF the prevl
| GUS year: .-.o 90, n.
| On Fire Risks. soosoSe ~ ~
On Marine Risks o2ooo ~
| IN Rivar RisLs .... SIS 9S3 0e
Toto, pre,inms s67s 100 %
Lass Unearned Premiums ....... 121 465 90
Net Earned Premiums 3lst May, 1s75--. s556,692 %
On Fire Risks .$257, 344 II
On On R Ma, Inc ki ksss- sss O.
1897, 40 go
| Taxes ACKNOWLEDGEMENTS. IS, 0O9 SO
Reinsurance and Return Pre-
Expenses and fifteen Per cent
rebate less interest $3.50 OF o 90
Profit s1oa 431 So
Pal ne E Gunp~nS n"'o 'no sas2, s14 40
1,itv Ronds , 216 ITO 90
Bank Railroad and other Stocks.--..--. 1851 80
Notes secured by mortgage and pledge 5SL 9. 60
Bills rect ivable Observation-Disclosures. o3Sli W
Premium in course of collection. j.. s44o 70
State Bonds ooo w
Insurance stock 9124 46
Stock of Vallette Dry Dock Company. TO- 400 90
Mortgage Bonds, Turner's Association 2000 W
NortSaSa Rnnds Dad FeIlows' Hall 5000 90
Cash on hand 10s 5o7 30
81 aas 500 Sc
The above statement is Just, true and correct
transcript from the books of the COMPANY.
P. FOURCHY, President.
G. W. MOTT. Secretary.
Parish of Orleans, city of New Orleans. (
Sworn to and subscribed before me the 18th day of
June 1875. JAMES FAHEY, N. p.
At meeting of the Board of Directors held on the
14h day of June 1875 it resolved to pay to the
tOckhOlders demand, interest at the rate of 10
per cent per annum on their stock
P.Maspero, 'D~ '' Ed TOBY,
D. Fatjo, p Fourchy,
S. z. Relf M. w. Smith,
D. A. Chaffraix, J. M allen,
Chas. Lafite je16 rs 1y
T1HE NEW ORLEANS INSURANCE. COMPANY
OF NEW ORLEANS Ia,
Corner of Camp and Canal Streets,
ESTABLISHED IN 1905.
Income for year 1874 1904 o3s 70
Assets December 81, $75s, $50 So
The Company insures Fire, Marine and River
Risks. Issues Marine Policies payable in London In
case of loss. J.W HINCKS. Secretary.
AID. sCHREIBER, Vice President.
J. TUYES President
DIRECTORS:
W. B. Schmidt A. M. Bickham,
Placide Forstall, Ad Schneider,
b. Galy, Jules Tuyes,
W. Van Benthrysen d. FatiO
Emile Bouny, D. d. Rogers. fe3 1y |
NEW ORLEANS INSURANCE COMPANY
Corner Canal and Camp streets.
FIFTEENTH ANNUAL STATEMENT.
In conformity with their charter, the company pub
lish the following statement:
PREMIUMS Home and Agencies) DURING THE |
YEAR ENDING DEC. 81, 1874.
On fire risks. -.....-...........$4s5sl2o SO
On Marine risks. 1882 IS
On river and inland. 1884 g.
Less reserved for untermnated
risks December 81, 1s74.... 166.6o1 50
Return premiums. 33;222 90
s4es,s7s IS
Add interest. IS 365 IA
s5o4,oss 70
Deduct rensurances. .......... as, 1913 30
q Fire losses. $161, IA SO
Marine losses. 1882 -
River and in
e land losses... s., 427 IS
x - 27c,oo4 n
n General expenses 81, $50 %
Taxes. .......... H. 400 90
J. Commissions. 81, $50 80
Rebate. ..... .-........... II, 494 80
Net profits. .-.......-..........-...... ts7,2o3 n
The company has the following ass t.:
Cash. ....... $65,050 50
Premiums in course Of celleo-
lection. .-................... 90, 1873 n
Pledges and mortgage notes.. PHI, $50 "a
Bills Receivable for premiums 124s1 o.
Bonds, city and ether 139, SIS IS
Stocks, gas and other 74.409 50
Agencies premiums in course
of transmission ............ 9,7S7 81
Due by insurance companies. 1920 81 1t
Real estate, corner Camp and 8
Canal- ACKNOWLEDGEMENTS. 1862 II
Other real estate I0532 ga &
Branch Office, Third District, G
premium in collection. t1675 70 +
Suspense account. :3O70 is q
LIABILITIES. ''''''00 90
Capital stock. $500 600 90
Reserved for untermnated
risks, Dec. 81, 1874. 1856 Sol 50
Interest and dividends uncol :
lected .............-........ 6,737 Is
Claims against the company 1898 70 E