The New Orleans bulletin. [volume] (New Orleans [La.]) 1874-1876, 1875-11-12
INSURANCE.

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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 g!
1875 including Unearned Premiums Of the prevl
on oI E yes Rists " 1863. 621 o.
IN Warine Risks 81, $50 IL
| IN River Risks 1898 0e
Total prem;rms .. s67s 100 %
Less IInsamed Premiums 121 465 90
Net Earned Premiums 3lst May, 49,. $780, IS
Losses paid
On Fire Risks. .s257, 344 Al
On Marine Risks ---..----- 4Llo@ 81
On Rlyer Risks 52,344 10
1881, 40 90
Taxes Observation-Disclosures. 35,0O9 SO
Reinsurance and Return Pre-
miums Observation-Disclosures. 26,s49 p
Expenses and fifteen Per cent
rebate less interest. 54,930 " =
Profit sloa, 43l So
Real Estate 1882, s14 43
City Bonds 216,l10 90
Bank, Railroad and other Stocks....... 49, II so
Notes secured by mortgage and pledge 327,279 80
Bills receivable Observation-Disclosures. s3,g17 90
Premium in course of collection. 94,4O4 -
State Bonds $50 90
Insurance Stock 1924 46
Stock of vallette Dry Dock Company. 1900 90
Mortgage Bonds, Turner'S Association 1000 90
Mortgage Bonds Odd Fellows Hail. 5000 0O
Cash on hand NEUTRALITY-SUSPICIOUS.. 1893 5S7 90
1929, s99 So
The above statement is a Just true and correct
transcript from the books of the Company.
P. FOURCHY, President.
G. W. Mort. Secretary.
STATE OF LOUISIANA,
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
14th day of June 1875 it resolved to pay to the
Stockholders, demand interest at the rate of 10
per cent per annum Oh their stock.
DIRECTORS:
P. Maspero Ed. Toby
D. Fatjo, P. Fourchy,
S. q. Relf M. W. Smith,
L. F. Generes, J. j. Fernandez
Chas. Laftte. je1e rs 1y
THE NEW ORLEANS INSURANCE COMPANY
OF NEW ORLEANS, La,
Corner of Camp and Canal Streets
ESTABLISHED IN 1898.
Income for year 1s74.-..... ..........$5 1904 o3s 70
Assets December 81, .$75s $50 Sc
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 Hn1sn33, A; n So Bickham
II. Gally, Jules Tuyes,
Charles Lahtte, W. A Bell,
". Van Renthuysen, p Fato,
Emile BOuny, ID. ID. Rogers. fe3 ly
THE F1REMENs INSURANCE COMPANY
OF NEW ORLEANS,
Ofice, corner Camp and Gravier streets.
INSURANCE AGAINST FIRE ONLY.
This Company is ready to take risks against loss
or damage by fire.
I'M MARKS PRUDHOMME,
President Vice President
Ri BENNERS, JAS BOYCE,
BOARD OF DIRECTORS.
Jacob Alexander Jno Fitzpatrick N Marks
c Sporl LA Witt Leon BertoH
u Taylor GauChe w ASH Marks VIM swan
L B Cain Chas Hemard rPrudhomme
B NJ Pond Gee Waters Wormann
mh7 I'm
NEv ORLEANS INSURANCE COMPANY
Corner Canal and Camp streets.
FIFTEENTH ANNUAL STATEMENT.
I'm conformity with their charter, the company pub
lish the following statements
YEAR ENDING DEC. 81, 1874.
On hre risks .$4S5, l2O
On Marine risks. es,9s2 IS
On river and inland. 94,394 So
Less reserved for unterminated
risks December 81, 1s74.... 166, sol So
Return premiums --...-...-... 1922 90
s4es s7s IS
Add interest ....................... IS 1865 IA
s5o4o 70
Deduct reinsurances. .......... N5,103 80
p Fire losses - $l61, IA 80
3 Marine losses. 57,432 43
River ard in.
land lossee 81, 427 IS
270,0 II
General expenses. $3.50 %
g Taxes. .......... 19,43C 60
z Commissions. .......-... IS $50 SO
Rebate. ............. II 1874 80
- &c, s35 os
Ne, profits. t27 2O3 n
The company has the following ass ts
Cash Observation-Disclosures. $65,05O 81
Premiums in course CT ccllec.
lection. 92133 II
Pledges and mortgage H tes.- 211, $50 "a
Bills Receivable for premiums 2,4e1 "a
Bonds, city and ether -... 139, GIG IS