The New Orleans bulletin. [volume] (New Orleans [La.]) 1874-1876, 1875-05-05
INSURANCE.

s1sA,s SO At
Losses paid reinsurances and
unaiusted lOsses.- sly -
General expenses. taxes and
rent. ................... 81, O6o y.
Reserve fund $4,000 and
dividend on atock 10 per
cent, $685. 54-5a55, SIS 30
Net profit. ..............--. $75,ehl II
Assets of the company, estimated at their Cash
MARKET VALUES:
Bonds stocks loans and bills
receivable. s4o9,o7V "
Cash en- hand and premiums
in course of collection. 100, IT'S II
Total assets. $780, u
The Board of Directors at . meeting held
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
dividend to the stockholders have resolved to pay
cash dividend Of TWENTY-FIVE PER CENT
the net earned participating premiums for the year
ending December 81, 1875.
JAS l. DAY, President.
HORACE CARPENTER, Secretary.
DIRECTORS FOR 1875:
yno: G Gaines, Richard Flower, ! T. ! Harris,
-; Hart J ] " Weis .u,o W; b.. B: Schmidt
H AZ Ss Wsen J. 9. MOTIFS s Isaac i4' Haas
B. BiscOe. James l. Day, ecOtt McGehee,
A. Baldwin, Lionel G: Levy. Geo: Jonas
Chas. Macready, Emory ClaEp, u. FatjO,
". E. Seymour, James Byrnes, 7. L. Airey.
This old and reliable Company is issuing Policies
on Fire. River and Marine Risks on the most favor
able terms. AL losses adjusted and settled upon the
most liberal terms, and promptly paid at their Office,
81 Camp street. corner Of Commercial Alley.
milo
T0HE FIREMEN'S INSURANCE COMPANY
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 tire.
IN MARKS I PRuDHoMME,
President Vice President
II BENNERS, JAS BOYCE,
BOARD OF DIRECTORS.
Jacob Alexander Jno Fitzpatrick l n Marks
G Sporl AWiItz Leon Bertoli
Gain 'anene ch ash HemaTd fPraShomme
Otto Thoman F Dudenhefer A H Isaacson
NJ Pond Geo Waters WOrmann
mh7 I'm
T7HE NEW ORLEANS INSURANCE COMPANY
OF NEW ORLEANS. La,
Corner of Camp and Canal Streets,
ESTABLISHED IN 1908.
Income for year 15H----.---. s'o4o37 70
Assets December 81, $755, $50 6s
The Company insures Fire, Marine and River
Risks. Issues Marine Policies, payable in London in
case Of loss. J.W. H1NCKS Secretary.
AID. SCHREIBER, Vice President.
j. TUYES, President.
DIRECTORS:
W. B. Schmidt, A. M Bickham,
II. Gay. Jules Tuyes,
Charles LATTE. w. A. Bell
" Van Benthuysen, y. Fatjo,
Emile BOuny, D. D. Rogers fe3 ~
NEW ORLEANS INSURANCE COMPANY
Corner Canal and Camp streets.
FIFTEENTH ANNUAL STATEMENT.
In conformity with their charter, the company pub
lish the following statement:
PREMIUMS Home and Agencies) DURING THE
YEAR ENDING DEC. 81, 1874.
On fire risks. ..............$ 4s5 100 So
I'm Marine risks SS,9S2 IS
On river and inland-........... 94,394 65
Less reserved for unterminated
risks December 81, 1s74.... 16R sol So
Return premiums. 1921 90
$685. IS
Add interest. IS 1865 IA
e5o4, o3s ~
Deduct rein5urances. $45 lob 80
2 Fire losses. -. S161, IA 80
3 Marine losses. 81, 432 43
River and in.
land losses... 81, 47 As
27OO0 II
= General expenses........ $3.50 %
Taxes. 943O 90
Commissions. ............ 81, $50 80
Rebate L, 494 SO
l76,s35 os
Net profits. r., aos n
The company has the following ass t.:
Cash. $4,000 ~
Premiums in course of c0llec- |
lection. 20, LIB u
Pledges and mortgage notes.. oil, $50 "a |
Bills Receivable for premiums 12,4a1 o.
Bonds city and ether. -....-.. 1866 S.
Stocks gas and other. 74,409 so
Agencies premiums in course
OF transmission ....... 9,7s7 81
Due by insurance companies. 1880 81
Real estate, corner Camp and
Canal ............ 7oe62 y
Other real estate. 7O532 81
Branch Office Third District,
premium in collections. 1875 70
Suspense account. .... 3O7O Is
-3756 $50 &c
LIABILITIES.
Capital stock. $500, 900 90
Reserved for unterminated
risks, Dec. 81 1574--.....--. 1865 COL So
Interest and dividends unco
lected NEUTRALITY-SUSPICIOUS.. 6,737 IS
Claims against the company. 1928 %
$677,632 II
Surplus more than sufficient
to cover depreciation ................ go 92S q
The above statement is true and correct tran. |
,ript from the books Of the company.
]. TUYES President.
j. w HINCKS Secretary.