The New Orleans bulletin. [volume] (New Orleans [La.]) 1874-1876, 1875-07-22

TyWENTYSXTH ANNUAL STATEMENT
8 CRESCENT MUTUAL INSURANCE COMPANY
NEW ORLEANS, May q. 1875.
The trustees in conformity to the amended charter
submit the following statement OF the affairs OF the
| company on the 30th OF April, 1878:
Fire premiums .---...--.-s2oiooo o.
Marine premiums ...--... 4S,o44 60 :
River premiums 112 ia 1885, 767 rs
Earned premiums, less reinsurance and
| return premiums. .----........ 21o,IS7 "a
| Losses paid and estimated
| including all known and
| On fire risks. -. s6a. s47 66
On marine risks. Is, 447 80
On river risks - IS, $50 91-S140, 34o So
| Taxes, expenses, rebate IN
in lieu Of participation, o- .. -
Leaving after paying 10 per cent inter-
est on capital stock $62, 1873 ~
The company have the following assets:
Bills receivable. $43 674 OIL
| Loans on bond and mortgage 55943 80 $e9617 "a
| Loans on pledge at call. 137 439 SO
Cash in bank g. oss, 90 200 500 81
| Real estate. 11s 759 ~
City bonds, bank and other stocks 153 5sl 81
/ Premiums in course of collection,
| pense account, ete.-.....-.....--.--.. 1854 II
Total assets. ACKNOWLEDGEMENTS. s61o, 3o1 81
| The above statement f6 q true and correct tran.
| script from the books of the company.
THOMAS A. ADAMS, President
HENRY v. OGDEN Secretary.
Sworn to and subscribed before me, this 22d day Of
| May 1878. VIM. n HOLMES
Second Justice of the Peace,
Parish of Orleans. La.
The Board Of Trustees Resolved That after paving
Annual Interestof 10 per cent the Capital Stock
of the Company, that dividend Of THIRTY PER
CENT be paid in CASH and after the 18th day of
June next, to those parties insuring with the
pany entitled to receive the same.
TRUSTEES,
San' H. Kennedy, G. T. Buddecke,
John Phelps, Adam Thompson,
Henry Abraham, P. N. Strong
Victor Meyer JOS Bowling
Edw. j. Cav, JnO. M. SaIfiidae
Simon Hernsheim, Simon Forchemer,
Jos. B. Wolfe r. B. Post
Edw. Pilsbury, John E. King,
Fred TX Camera en-, j. L. Harris,
Andrew Stewart Jos Stone,
George Martin Alfred MOult0n,
L. G. Jurey Edward Nalle
Geo. w. Senten, A Levi |
my23 |
NEW ORLEANS INSURANCE AssOUIA |
TON,
once, No. 100 Canal street.
FIFTH ANNUAL STATEMENT.
NEW ORLEANS January Il, 1875.
In conformity with the requirements of the charter
the New Orleans Insurance Association publish the
following statement of their affairs for the year end
ing the 31st December, 1874:
Fire premiums 1923 e05 IT
Marine premiums. 60,338 -
River premiums---. 32,50s "a
Total premiums s5ss,651 50
Less:
Premiums on unex-
pirsd risks. --..--. 1913 724 "a
Returned premiums 2,377 80
- 126,1o1 So
Net earned premi.
ums- 500 $40 81
Add:
Interest," is,24s 81
Profit and loss---.. 4031 A
Premium on gold ZIG IL
Ni7,s45 &c
Fire losses paid. 145,17o Is
Marine losses paid 34964 70 |
River losses paid. 49, 429 80
losses in litigation 5,s12 90 II
losses unadjusted
and adjusted, not
matured .-....... 1879 IS
al sos 60
sensurances ....- 11,ss9 IS
Rebate. -.......... 49, At
Commissions to
agents q 904 So
Agency expenses 500 %
license .-.--------. 1000 90
Ifice expenses -. 1888 II
contingent expens-
es, Board of I'm
derwriters, etc I223 80
aw expenses...... 1913 81
- sae 1876 81
Net profits. ..91, 47g %
ASSETS.
ash In Germania Natl Bank. t75,9s ~
ash in Louisiana National
Bank 8, Al ID
ash in tbs hands of agents In
q. S. and in Europe .-.-.-..- 2s,776 81
eposit in N. 0. Natl Banking
Asson, s9a 903 AZ Valued. % 600 90
remium notes. 12os1 OF
oans on Mortgage. 1852 %
aans on pledge --.-.---.-... 20,733 10 &c
ills receivable. 1858 %
onds- ACKNOWLEDGEMENT 2,413 SO
ocks Observation-Disclosures. 1856 70
remiums in courseof collection 40 459 go of
eal estate 5135 "a
srsonal property. q, 900 90 IL
lndry debtors. 6697 RI -.
LIABILITIES. ste
pital stock full paid, $50 per wv
share .-------------.------.a 57, $50 90
terest dividends of 1872 and =
1873 unclaimed. .......--..... 3012 so ~
enliums unexpir ID risks. 1913 724 "a
lpaid losses 1884 IS
ndry creditors. ......-....... 701 81
4o2 $50 50
'urpus. t91, 479 90 Inc