The New Orleans bulletin. [volume] (New Orleans [La.]) 1874-1876, 1875-06-06
INSURANCE.

INSURANCE.
sun MUTUAL INSURANCE
COMPANY.
Paid up Capital S50o, 200.
NINETEENTH ANNUAL STATEMKNT, FOR
THE YEAR 1874.
Amount premiums for the
year. 1896 531 20
Less untermnated risks and
returned premiums. 104, SIT Is
Net earned premiums. e292014 Is
Discount and interest. ....... 4Aj62 u
tsas7s u
Losses paid re-insurances, and
unadjusted losses. -<lo6,Sl9 "
General expenses taxes and
rent. ................. ss,o6s 81
Reserve fund $4,000 and
dividend on stock 10 per
ACKNOWLEDGEMENTS. 59,6s6 "a $255515 30
Net profit. ................. $76e1l IT
Assets of the company estimated ct their CASH
MARKET VALUES
Bonds, stocks, loans and bills
receivable. $40 %
Cash en- hand and premiums
in course of collection. 1897 IT'S II
Total assets. $OJS040 ~
The Board Of Directors, at meeting held on
tie twentieth day Of January, 1875, after setting
aside $4,000 to the reserve fund from the net
earnings of the year, and paying TEN PER CENT
dividend to the stockholders have resolved to pay
cash dividend of TWENTY-FIVE PER CENT on
the net earned participating premiums for the year
ending December 81, 1875.
JAS. I. DAY, President
HORACE CARPENTER Secretary.
DIRECTORS FOR 1876:
ync: g; Gaines, Richard Flower, J; L; Harris,
Hy Rs aa5 4 Sw Wi! Taylor u " A e. Schmidt
Hugh Wilson, &c. Morris, Isaac I. Haas,
B. Biscoe James I. Day, Scott McGehee,
A. Baldwin, Lionel G. Levy, Geo. Jonas.
Chas. Macready, Emory Clap, D. Fatjo,
W. E. Seymour, James Byrnes. T. L. Airey.
This old and reliable Company is issuing Policies
on Fire, River and Marine Risks on the most favor
able terms All losses adjusted and settled upon the
most liberal terms, and promptly paid at their Office,
81 Camp street. corner Of Commercial Alley.
milo
T,HE NEW ORLEANS INSURANCE COMPANY
OF NEW ORLEANS, La,
Corner of Camp and Canal Streets
ESTABLISHED IN 1905;
Assets December 81, 1874. $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:
". B. Schmidt, A. NJ Bickham,
P !, eide Forstall' Al Schneider,
Charles LATTE, w. A. Bell,
": Van Benthuyssn, 2. Eatio .
NINTH ANNUAL STATEMENT
FACTORS AND TRADERS INSURANCE
COMPANY,
Care ndelet Street.
NEW ORLEANS May 20, 1875.
The Trustees in conformity with the charter of the
Company, publish the following statement of its
affairs for the year ending April 80, 1875 to wit:
PREMIUMS FOR THE YEAR.
On Fire Risks. $3.50 073 80
On Marine Risks.-.-...... A 116 IL $685., 419 80
DIFFERENTIATED premiums
30th April, 1S75...---.-- SO 742 90
Return premiums 9,925 So 99,667 50
Net earned premiums. ..-............ $685., 752 40
LOSSES PAID, To-wIT:
On fire risks 1874 367 30
River risks. log, 4e2 50
Marine risks 8 800 65-$269, ITO So
Re,relnsurance--.--- IA 1863 62
g Rebate returns. Is 1872 81
State and city taxes 226lS As
Gross expenses home Office
and agencies. so 899 81
Profit and Loss. .16, OBJ 40 - $500 $50 6
Balance. OBSERVATION-DISCLOSURES. $145, 1869 Sc
received. ACKNOWLEDGEMENTS. 1o5,o54 81
sa5o,2aa 50
Less first semiannual interest on CAPT.
tai stock paid and second now due 10000 90
Net profits. 14O,224 So
Less reserved for shrinkage in invest
ments ACKNOWLEDGEMENTS. 1904 50
Balance to be divided on net premiums
of 1874-5 and unearned of 1874. $117,13O 90
The COMPANY HAVE THE FOLLOWING ASSETS, To-wIT
Cash on hand ..-...-.-...- 1894, 483 Is
Accounts in course of col
Bills receivable for loans on ''
pledge Of stocks and
bonds. ................. 52a,sa3 o4
Bills recelVaDl6 at SNORT
dates .---....... 1901 As
Bank and other stocks. 2ls, 1903 IS
Stocks ofCity Railroads.. 1850 66
City and other bonds 11O,631 Sc
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 60,135 00-$1 4s6 215 80
LIABILITIES
Capital stock. 81 100, 900 90
Reserved for DIFFERENTIATED