The New Orleans bulletin. [volume] (New Orleans [La.]) 1874-1876, 1875-10-13

INSURANCE..
MERCHANTS. MUTUAL INSURANCE COM
PANY OF NEW ORLEANS
1O4 Canal Street.
TwENrY.FIRsr 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 Unearnee Premiums OF the preVi-
IN oq ~ ea P;sts . 1860 621 05
IN Mor;ns Pists " 81 $50 10
IN Pivar Risks " 1898 05
Total Premiums s67s, 100 %
Lass Tneamed premiums 121, 1853 90
Net Earned prem;nms 3lst Nav 1s75.... s556,6sa %
Losses paid
On Fire Risks S257, 344 Al
On Marine Risks a1as2 "a "a
On River Risks -----.--...... 1854 %
1881, 47o 90
Taxes ACKNOWLEDGEMENTS 5000 SO
Reinsurance and Return Pre-
Expenses and fifteen per cent
rebate less interest. 81, $50 O7 -.
Profit s1Oa, 4s1 So
The Company have the following assets:
CITY Bonds ACKNOWLEDGEMENTS. 2l6,11O OO
Bank, Railroad and other stocks 73,o1l 80
Notes secured by mortgage and pledge. 321,21 60
Premium in course Of collection s4,4o4 70
State Bonds - $50 90
Insurance Stock 1924 46
Stock of Vallette Dry Dock Company. 1890 90
Mortgage Bonds, Turner'S Association. 2 O0 w
Mortgage Bonds Odd Fellows Hail.. 5000 10
Cash on hand 10s 5e7 90
1929, 500 So
The above statement is a Just, true and correct
$3.50 - P. FOURCHY, President.
W. STATE OF LOUISIANA,
Parish of Orleans city of New Orleans
Sworn to and subscribed before me the 18th day Of
At meeting of the Board of Directors held on the
18th day of June, 1875 it resolved to pay to the
Stockholders on demand, interest at the rate of 10
per cent per annum on their stock.
P. Maspero, Ed Toby,
d. FatjO, ?. Fourchy,
S. q. Relf, M. w. Smith,
L. F. Generes j. J. Fernandez,
D. A. Chaffraix, j. M. Allen,
Chas LATTE je16 rs 1y
TldE NEW ORLEANS INSURANCE COMPANY
OF NEW ORLEANS La,
Corner of Camp and Canal Streets,
ESTABLISHED IN 1908.
Income for year 1s74........ ,o3s 70
Assets December 81, 1s74....-.........s75s56o IS
The Company insures Fire, Marine and River
Risks Issues Marine Policies payable in London In
case of loss. Nv. HINCKS, Secretary.
AID. SCHREIBER, Vice President
J. TUYES President
W. B. Schmidt A. M. Bickham,
Placide Forsta1, AID Schneider,
H o. Ga7liy / .,tte yqle = I Rs1f
Emile Bouny, D. D. rogers fes 1y
T,HE FIREMENs INSURANCE COMPANY
OF NEW ORLEANS,
Once, corner Camp and Gravier streets.
INSURANCE AGAINST FIRE ONLY.
This Company is ready to take risks against loss
IN MARKS, PRUDHoMME,
President Vice President
RHBENNERS, JAS BoYCE,
BOARD OF DIRECTORS. f'N
Jacob Alexander JnO Fitzpatrick N Marks
6 Taylor Gauche Wash Marks WIN Swan
L Cain Chas Hemard rPrudhemme
Otto Thoman f Dudenhefer 1saacsOR
B N Pond Geo Waters Wormann
mh7 Pm
NEv 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 AgencieN DURENG THE
YEAR ENDING DEC. 81, 1874.
On fire risks. ............-...As5,12 100 SO
On Marine risks Se,9o2 TO
On river and inland..--.....-.. "a, 1874 SO
Less reserved for unterminated
risks December 81, 1s74.... 166,6o1 50
Return premiums. 1922 90
s46s,s 65
Add interest ACKNOWLEDGEMENTS. 1865 IA
s5O4,oss 70
Deduct reinsurances. as, 1o3 80
b Fire losses $161, IA SO
8 Marine losses. 57,432 43
River ard in
land losses 81, 427 IS
x - 27o,o04 n
? General expenses $3.50 %
Taxes 19,43o 90
e Commissions. $3.50 80
Rebate H. 94 80
- l76, 1876 oe
Net profits. ACKNOWLEDGEMENTS. IN, 2O3 n
The company has the following ass is:
Cash. ..........---...-...-.$ 65,050 80
Premiums in course Of ccllec-
lection ACKNOWLEDGEMENTS. 92,133 n
Pledges and mortgage B,tes.. 211, $50 "a
Bills Receivable for premiums 12,4s1 o.
Bonds, city and ether ..... 139, 616 IS
Stocks gas and other 744O9 so