The New Orleans bulletin. [volume] (New Orleans [La.]) 1874-1876, 1875-02-02
INSURANCE.

President. ..........H. w. HOUGH.
Secretary...........J. X. PIERCE.
Actuary. EDWIN w. BRYANT
Assets January l, 1874. So, 1889.
Rates as low and equitable a. those of ,uv
other Company.
The ADVANCE DIVIDEND PLAN simpliaae
the Policy Contract by giving an increased in.
surance Of twenty-five per cent. during the ara
hve years, in lieu Of all other modes Of applying
surplus for that time.
| Under its system Of CONTINUED FULL
INSURANCE, Policy rem aims in force after II
dlscontinuance Of the payment of premium. In
as long as it's value will carry it with the risAt
OF revival at any time during tho first IL
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.
TIONS, in the several states where doing buss.
ness, does not drain these sections of capital huH
invests the net premiums among the people WIN
pay them.
1t 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.
actions with the Company, and of permanent
local Office for the payment Of premiums, seo.
These advantageous features offered only By
thus Company, are guaranteed in it's Charter.
LOUISIANA DEPARTMENT.
Once No. $50 Gravier Street, Now Orleans
President, GEN. J. B. HOOD.
First Vice President, L. F. GENEREA
Second Vice President, H. v OGDEN,
Attorney R. L. GIBSON.
Secretary, SAMUEL FLOWER,
NJ Musson, W. s. Pike,
t. NJ. Walmsley, John Chaffe,
Thomas Il. Hunt, R. Pritchard,
Joseph Bowling, Julius Vairan,
Henry V. Ogden, John Williams.
Isaac A. Scherck, Jules A. Blapo
General Agent, Gen. B. B. SHINES,
Good Agents Wanted. nj, an
TlEUToN1A INSURANCE COMPANY
OF NEW ORLEANS.
Insure Fire, River and Marine Risks at the Lev,se
OFFICE-35 Camp street. New OrI..>..
Assets $S44, 1898 %
A. Elmer BADER. President
CHI. ENGsTFELD, Vice President
GEO. STRONGER, Secretary.
BOARD OF TRUSTEES:
Henry Abraham, A. Elmer Bader, Ma Baumesran
3. T. Del Bondio Chs Engstfeld, M Frank,
+ G GSgrsve Hy ka aiallsr SIX, Kat7
Louis Lombard, G. H. Miller, F. Rickert.
E Roder, Louis schneider, W. B. Schmidt
b Sleg, Isaac Scherk, j. M. Schwartz
Louis Schwarta, x. Weissenbach, ]. r Wildermc..
n29 ~
M ERCHANTs' MUTUAL INSURANCE OO1E
PANY OF NEW ORLEANS
1O4 Canal Street.
TWENTIETH ANNUAL STATEMENT.
In conformity with the requirements Of their chaDs
ter the Company publish the following statement,
1874, including Unearned Premiums Of the pesvI
GUS year:
On Fire Risk. $685. 30 e.
On Marine Risks. ........................ so,7sS
IN 6aver klsKs. s."........... 1H,Q0
Total Premiums. .................... e91s,1m y
Less Unearned Premiums. ............ 19Sooo @
Net Earned Premiums s1st May, 1s73.... S71o,aM y
Losses paid
On Fire Risks ...-.......-....t36361s 50
IN Marine Risks. ............ 63305 y
On River Risks. .............. 59825 y
Taxes and Expenses less In.
Return Premium
and Profits and Loss. -...... 60,346
Reserved for Unaduste Losses 5000 o.
Profit. ........................... noa,7n v
The Company have the following assets,
5ity Bonds ..................-.......... 3os'os :
Notes secured by mortgage. 364Tn q
Notes secured by pledge. .......-........ l2O36 q
'remium in course Of collection lcsTS q
state Bonds 26oo q
insurance STOCK ACKNOWLEDGEMENTS. 1850 q
took Vallette Insurance Company a0'A6 n
'tock of Levee Steam Cotton Press ...... Ann -
took of Marine Dry Dock and Ship Yard
dortsage Bonds Turner'S; Xssociato1... ~ =
dortgage Bonds Odd Fellows Hau... H00o d
'ash on hand. 1123n =
N,3sa, 7ol .
Tho above statement 10 . lust and correct tr,n.
crpt from tho books Of the Company
PAUL FOUkCHY, PreddmA
g. W. MORT, Secretary.
STATE OF LOUISIANA.
Parish Of Orleans city of New OrleanA
sworn r., to and subscribed before me the 9Th dayd
Notary Public, 40 Graver strosG
The usual ten per cent interest 10 payable = ~
toekh0lders on demand.