The New Orleans bulletin. [volume] (New Orleans [La.]) 1874-1876, 1875-07-10

rrERCHANTs MUTUAL INSURANCE COM
PANY OF NEW ORLEANS,
1O4 Canal Street.
TWENTY.FIRS 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 preV1-
year: -. -. n-
On Marine Risks So, 10
IN R;yar Rsk. - $3.50 0s
Toto, prar,;rm. $67a 100 %
Less Unearned Premiums. III, 400 w
Net Earned Premiums 3lst May, 1e75..- $3.50 6s2 -
Losses paid
On Fire Risks. .$257344 Al
On Marine Risks 4IIo2 81
On River Risks 1884 %
1887, 40 90
Taxes ACKNOWLEDGEMENTS. 49, 0O9 SO
Reinsurance and Return Pre-
Expenses and fifteen Per cent
rebate less interest 5493O OF
A'~'' -''' 454 go 81
Profit s1Oa 43l Sc
Real all E SHmp"ns hA'o WV $3.50 s14 43
CITY Ronds 216 ITO 90
Bank Railroad and other Stocks. 1851 80
Notes secured nv mortgage and pedge 1877 219 IS
RiIls receivable s39l7 90
Premium in course of collection a. 404 10
state Ronds $50 90
insurance Stock ...... 49, 1874 46
Stock of Vallette Dry Dock Company. TO- 400 90
Mortgage Bonds, Turner'S Association 2,000 w
Mortgage Bonds Odd Fellows Hail.. 600 w
Cash on hand Observation-Disclosures. los 5S7 %
1928 see Sc
The above statement ia a inst frue and correct
transcript from the books of the Company.
P. FOURCHY, President.
y STATE OF LOUISIANA,
Parish of Orleans, city of New Orleans. I
Sworn to and subscribed before me the 18th day of
At meeting of the Board Of Directors held the
18th day Of June 1872 it was resolved to pay to the
per cent per annum on their stock.
?. Maspero Ed: Toby,
d. Fatjo P. Fourchy,
S. Z. Relf, M. w. Smith,
L. F. Gene-es, J.J. Fernandez,
D. A. Chatfraix J. NJ Allen
T1HE NEW ORLEANS INSURANCE COMPANY
OF NEW ORLEANS, La,
Corner of Camp and Canal Streets.
ESTABLISHED IN 1905.
Income for year 1s74..---. o3e ~
Assets December 81, .s75s $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 Forstal, Ad Schneider,
a. Gally, Jules Tuyes,
Charles LATTE W. A. Bel.
". Van Benthuysen. 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.
Hsh the following statement:
PREMIUMS Home and Agencies) DURING THE
YEAR ENDING DEC 81, 1874.
On fire risks. .$465, 100 So
On Marine risks. SS9s2 65
On river and inland............ 94,394 SO
Less reserved for unterminated
risks December 81, 1sH.... 1865 COL So
Return premiums. ............. SO, 222 90
s4ss,s7s IS
Add interest. IS, 1865 IA
s5O4. o3s 70
Deduct reinsurance. .......... s451o3 90
p Fire losses. $161, IA SO
8 Marine losses. 57,43S -
River and in
land lOsses... 81, 427 IS
x - 27ooo4 n
2 General expenses. $3.50 %
Taxes ....... 1890 90
:. Commissions. 30, $50 80
Rebate. ............. II, 494 80
Net profits. .......................-...e 27,aos n
The company has the following ASS is:
Cash. $65,050 ~
Premiums in course Of cellec-
lection. N,l33 IT
Pledges and mortgage notes.. 211 1853 "a
Bills Receivable for premiums IL, 4s1 o.
Bonds city and ether. 1866 SIS
Stocks gas and other. "A, 400 50.
Agencies premiums in course
of transmission 9,7S7 q
Due by insurance companies. 1880 81
Real estate corner Camp and
Canal. 1862 n
Other real estate 1852 "a
Branch office, Third District
premium in collection...... 1,675 10
Suspense ACCOMPLISHMENTS. 3070 16
$75e, $50 90
LIABILITIES.
Capital stock. $500, 900 90
Reserved for unterminated
risks Dec. 81, 1S74--.-..---. 1861 Sol So
Interest and dividends uncol-
lected ACKNOWLEDGEMENTS. 6,737 Is
Claims against the company. 1898 70
- s677 es2 Il
Surplus more than sufficient
to cover depreciation. $780, 2s q
The above statement is a true and correct tran.