The New Orleans bulletin. [volume] (New Orleans [La.]) 1874-1876, 1875-07-14
INSURANCE.

| 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 PREV
| On Fire Risks. ACKNOWLEDGEMENTS. ,621 o.
| On Marine Risks -------- % ooo ~
| Total Premiums ..s 67s, 100 q
| Less Unearned Premiums -....... 121, 465 0(
Net Earned Premiums 3lst May, 1873. s5566s2 q
Losses paid
On Fire Risks 1851 344 Il
On Marine Risks 4L7e2 "A
On River Risks ----.--------- 32,344 10
1881. 40 90
Taxes Observation-Disclosures. 5000 SO
| Reinsurance and Return Pre-
miums. Observation-Disclosures. 6,s49 u
Expenses and fifteen Per cent
rebate less interest. 81, $50 OF
1926 e.
Profit OBSERVATION-DISCLOSURES. s1o2 4s1 Sc
The Company have the following assets:
Real Estate " s2s2, s14 10
CITY Bonds Observation-Disclosures. GIG 10 90
Bank, Railroad and other Stocks 73,Gli so
Notes secured by mortgage and pledge. 327 279 SIS
Bills receivable OBSERVATION-DISCLOSURES. s39l7 90
Premium in course of collection - a. 404 10
State Bonds $50 90
Insurance Stock ACKNOWLEDGEMENTS. 1921 46
Stock of Vaette Dry Dock COMPANY TO- 400 90
Mort gage Bonds, Turner's Association. 1900 90
Mortgage Bonds Odd Fellows Hall 49,. 5000 90
Cash on hand OBSERVATION-DISCLOSURES. 10S 5s7 %
81 2a3 e99 Sc
The above statement is lust, true and correct
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
June, 1875. JAMES FAHEY p
At meeting of the Board of Dir. ctors held on the
l4th day OF june 1875 it was resolved to pay to the
Stockholders on demand, interest at the rate of 10
per cent per annuln on their stock.
DIRECTORS:
P. Maspero, Ed Toby,
D. Fatjo p Fourchy
S. Z. Relf M w Smith
T. F Generes, J.J Fernandez,
u. A. Chafraix, j. M. Allen,
Chas LATTE. je16 rs 1y
T,HE NEW ORLEANS INSURANCE COMPANY
OF NEW ORLEANS, La,
Corner of Camp and Canal Streets,
ESTABLISHED IN 1908.
Income for year 1874. .s5o4 o3s 70
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.
DIRECTIONS:
w. B. Schmidt A. M Bickham,
Plaeide Forstall, AID Schneider,
ii. Gally, Jues Tuyes
". Van Benthuysen .. Fatjo,
Emile Bouny, D. d. Rogers. fes ly
NEW ORLEANS INSURANCE COMPANY
Corner Canal and Camp streets.
FIFTEENTH ANNUAL STATEMENT.
In conformity with their charter the company pub
lsh the following statement:
PREMIUMS Home and Agencies) DURING THE
YEAR ENDING DEC. 81, 1874.
~ nTe rlsKs.---.. .--....$4o5,l 2O So
~ Marine risks 1882 IS
N river and inland. -..-....... "a, 1894 SO
.ess reserved for unterminated
risks December 81, 1s74--.. Ice, sol 50
'eturn premiums. 1922 90
l.,
s46ss7s IS
Id interest. 1856 Il
s5o4, oss 70
'educt reinsurances. .......... 445,1o3 80
2 Fire losses -. $751;, ia SO 5
3 Marine losses. 57,432 43
River and in
land losses... 81, 427 As
27o 004 n
n General expenses $3.50 %
= Taxes -...--... .-.-...... 10 430 90
8 Commissions. .-.-........ 81, $50 SO
Rebate...... ............. Il, 494 80
l7s,s35 os
Net profits ~, 2os n
he company has the following ass is:
Cash Observation-Disclosures. $65,050 80
Premiums in course Of cellec- ,
lection. 80, 1873 n
Pledges and MORTGAGE notes. 211 s59 "a p
Bills Receivable for premiums 12,4s1 o.
Bonds, city and ether --.---.. 1866 IS r
Stocks gas and other. -..... 74409 50
Agencies premiums in course
of transmission .........-.. 97s7 81
Due by insurance companies. 1890 81
Real estate, corner Camp and tt
Canal. -.....--.-......... 7o,662 II 81
Other real estate. ........... 1888 "a o,
Branch Office, Third District d
premium in collection...... 1,675 70 O.
Suspense account. 3070 16 Il
LIABILITIES.
Capital stock $500, 900 90
Reserved for unterminated