The New Orleans bulletin., 1875-12-24

MERCHANTS MUTUAL INSURANCE COM
PANY OF NEW ORLEANS,
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 tho year ending May 81
1875, including Unearned Premiums Of the previ
GUS year:
On Fire Risks $ 1863 6a1 o.
ON ON ki1sr Ma,apf ssks:::: slss. SOS s5sss d d
Total Premiums. s............. s67s 100 %
Less Unearned Premiums . III 46o 90
Net Earned Premiums 3lst May, 1875 -. S556, ,692 %
Losses paid
On Fire Risks. s257, 344 Al
S)n Marine RISKS 4rao2 a.
Ol Rlver Risks 32,344 0o
1881, 40 30
Reinsurance and Return Pre-
Expenses and fifteen por cent
rebate less interest. 9,930 OF
Profit slo2, ,4al s.
The Company have the following assets
Real Estate s2s2 s14 43
City Bonds. NEUTRALITY-SUSPICIOUS.. 216 l10 90
Bank, Railroad and other Stocks 49, Ii so
Notes secured by mortgage and pledge. 327,@79 s.
Bills receivable Observation-Disclosures. e3yl7 90
Premium in couEse of collection. ..... a. 404 -
state BONDS o9O w
Insurance Stock. Observation-Disclosures. 9124 As
Stock of Vallette Dry Dock Company. 1e 400 90
Mort gage Bonds Turner'S Association. 1900 90
Mortgage Bonds Odd Fellows Hail.. 5000 90
Cash on hand ACKNOWLEDGEMENTS. los 5S7 %
s1,aN s99 So
ha sfata 10 fusf
transcript from the books of the Company.
P. FOURCHY, President.
G. w. NoTT Secretary
STATE OF LOUISIANA,
Parish of Orleans, city of New Orleans.
Sworn to and subscribed before me the 18th day of
At meeting of the Board of Directors held on the
14th day of June 1875 it resolved to pay to the
Stockholders on demand, interest at the rate OF 10
per cent per annum on their stock.
DIRECTORS:
?. Maspero, Ed Toby,
D. FatjO, p. Fourchy
S. u. Relf M w. Smith
L. F. Generes j. J. Fernandez,
D. A. Chatfraix, J. M. Allen,
Chas. Laftte je16 rs 1y
Nlhk NEW ORLEANS INSURANCE COMPANY
OF NEW ORLEANS, La,
Corner of Camp and Canal Streets,
ESTABLISHED IN 1905.
Income for year 1874. .s5o4 o3s ~
Assets December 81, $50 60
The Company insuros 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 Aobp n
Placide Forstau, Ad Schneider,
Il. Gally Jules Tuyes,
Charles Laftte W. A. Bell
w. Van Benthuysen, d. FatO,
Emile Bouny, D. D. Rogers. fe3 1y
NEv ORLEANS INSURANCE COMPANY
Corner Canal and Camp streets.
FIFTEENTH ANNUAL STATEMENT
IN conformity with their charter, the company pub
ish the following statements
Home and Agencie4) DURING THE
YEAR ENDING DEC. 81, 1874.
IN hre rlsks..--. 1886, 120
IN Marine risks SS,9o2 Is
IN river and inland.--.----.-.. 94,394 68
Less reserved for unterminated
risks December 81, 1s74.-.. Ice, COL SO |
setnrn premiums. ms.--...-....... 1922 90 |
s4o8673 65
Add interest. 35 1865 IA
s5o4 OBS 70
Deduct reinsurances. as, 1893 30
2 Fire losses -$161, IA 80
Marine losses. 81, 432 43
River ard in.
Z. land losses =. 51,4s7 IS
270,004 II
y General expenses. es........ So 25e %
3 Taxes s-----.--.. 19,4& 90
a Commissions. 3d. $50 80
- 47e, 1886 os
Net profits. OBSERVATION-DISCLOSURES. t27,2os n
he company has the following ts:
Cash t00,ooO ~
Premiums in course Of ccllec
lecuon w, l3j IT
Pledges and mortgage mites. 211 ,S59 "a
Bills Receivable for premiums IL, ,4S1 04
Bonds, city and ether. ,616 55
Stocks gas and ether. 74,4O9 50
Agencies premiums in course
of transmission ............ 9,7S7 81
Due by insurance compan' ss-. 1880 81
Real estate, corner Caml and
Canal. nal......... 7O,662 IT
Other real estate 70,532 81
Branch office rhird District,
premium LII collection. ...-.. 1675 10
Suspense account t...... 3070 16
LIABILITIES.
Capital stock. .s5oo, 900 90
Reserved for untermnated
risks Dec. 81, 1874. 16s COL So
Interest and dividends uncol
lected ed.. 6737 IS
Claims against the company. 1898 73
- s677, ,es2 Al
Surplus than sufficient