The New Orleans bulletin. [volume] (New Orleans [La.]) 1874-1876, 1875-06-16

INSURANCE.

INSURANCE.
ISUN MUTUAL INSURANCE
COMPANY.
Paid up Capital s5oo,ooo.
NINETEENTH ANNUAL STATEMENT, FOR
THE YEAR 1874.
| Amount premiums for the
year 1885,, 531 30
Less unterminated risks and
|. returned premiums ...... 4517 Is
Discount Sss sssss nd 's j
Losses paid, re-insurances, and "
unadjusted losses. -&156, S19 70
General expenses, taxes and
rent. ..-................ SO, 069 81
Reserve fund $4,000 and
dividend stock 10 per
cent. $685. 81 SIS, SIS 80
Net profit. ................. $7s,sfl IT
Assets of the company, estimated at their CASH
MARKET VALUES:
Bonds, stocks loans and bills
receivable. $40 o6
Cash hand and premiums
in course of collection. 129,775 n
Total assets.--.. s53e,e45 IT
The Board Of Directors, at . meeting held on
tie twentieth day Of January, 1875 after setting
aside $4,000 to the reserve fund from the net
earnings of the year. and paying TEN PER CENT
Ii la
cash dividend Of TWENTY-FIVE PER CENT on
the net earned participating premiums for the year
ending December 81, 1875.
JAS I. DAY, President
HORACE CARPENTER, Secretary.
DIRECTORS FOR 1875;
gno 6 a Gaines Richard hard Flower ] l. Harris,
Hy i Rsnshsw B.W' Taylor, L. A Ha s0n"0'
Hugh Wilson. &c. Morris Isaac |. Haas.
B. Bscoe James I. Day, fCott McGehee,
A. Baldwin, Lionel C. Levy, Geo. Jonas
Chas: Macready, Emory Clap, .. Fatjo.
W. 4. Seymour, James Byrnes. T. L. Airey.
This old and reliable Company is issuing Policies
on Fire, River and Marine Risks on the most favor.
able terms All losses adjusted and settled upon the
most liberal terms and promptly paid at their Office,
81 Camp street. corner Of Commercial Alley.
TlHE NEW ORLEANS INSURANCE COMPANY
OF NEW ORLEANS, La,
Corner of Camp and Canal Streets
ESTABLISHED IN 1905.
Income for year .45c4 OBS 70
Assets December 81, .S75s, $50 90
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 A. n Biokham.
q Gally. Jules Tnyes,
Charles LATTE, W. A. Bell,
". Van Benthuysen. p Fato,
OF NEW ORLEANS,
Once, corner Camp and Gravier streets.
INSURANCE AGAINST FIRE ONLY.
This Company is ready to take risks against loss
or damage by fire.
IN MARKS PRUDHOMME
President Vice President
Z BENNERS, JAS BOYCE,
''i soAsp OF DIRECTORS. 'n'p00'0'
Jacob Alexander Jno Fitzpatrick N Marks
Sporl LA Witt Leon Berton
Taylor Gauche Wash Marks Vim Swan
L Cain Chas Hemard CPrudhomme
Otto Thoman Dudenhefer H Isaacson
NJ Pond Geo Waters B Wormann
mh7 I'm
NEW ORLEANS INSURANCE cohPANx-
Corner Canal and Camp streets.
FIFTEENTH ANNUAL STATEMENT.
In conformity with their charter the company pub
Gsh the following statement:
PREMIUMS Home and Agencies DURMG THE
YEAR ENDING DEC. 81, 1874.
On hre risks. $50. .............$4 85, 100 SO
On Marine rlsks---.....-....... 1882 IS
On river and inlAnd............ 1884 SO
Less reserved for unterminated
risks December 81, 1s74.... 1se,so1 50
Return premiums. 1922 90
1879 eA
s46s,s7s IS |
Add interest. 1896 II
t5o4,oss 70 !
Deduct reinsurances. ....-..... AS ,103 80 |
2 Fire losses .$161, IA 50
Marine losses. 57,432 -
~ River and in
z land losses... 51,427 IS
e General expenses $3.50 %
3 Taxes --.---... .......... 10 400 90
3 Commissions. ....... $3.50 80
tRebate...... ........-... II ,494 80
- <7e,sss os
Net profits. ACKNOWLEDGEMENT s7,sos n |
The company has the following ass t.:
Cash. $65,050 50
Premiums in course Of collec.
lection. 92,133 n
Pledges and morteage notes.. 211, $50 81
Bills Receivable for premiums 12,4s1 o.
do n;tx Ao<l,