The New Orleans bulletin. [volume] (New Orleans [La.]) 1874-1876, 1875-12-29
INSURANCE.

1rERCHANTS' MUTUAL INSURANCE COAn-
4A PANY OF NEW ORLEANS.
1O4 Canal Street.
TwENry.FIRsT ANNUAL STATEMENT.
In conformity with the requirements OF their char
ter. the Company publish the following statement:
Premiums received during tho year endlng May o.
1875 including Unearned Premiums 81 tne pfe'i
Gus year: 1869 621 05
On ~ p;s1,s 81, $50 10
Oh II I'd ny So 9S3 o.
No., pu,;ns s67s, 100 %
Less Unearned Premiums l@i'fo0 W
r, puo,,iun,s a,st Nav 1s75.. 1856, 692 %
Losses paid .o,.r
On Fire Risks. oI,o4f -
On Marine Risks -.------- 4l,aoS ~
On River Risks o~,'f1 u"
$751; 40 80
Tares ..-.. 5000 SO
Reinsurance and Return Pre- -
Expenses and fifteen per cent 49,
rebate LESS in'er0S''' 80 454260 81
Profit slO24 Sc
peal Estata n"'o WY .. s2sa e14 43
C;t1 Ronds " PIG 10 90
Bank Railroad and other Stocks I'LL Gu
Notes secured by mortgage ana pledge o-.'-, 90
Bills receivable 60, 80 80 "
Premium in cOuIse of collection 9itod ~ 80
State Bonds 70. ~
Insurance Stock ----.----------. 49, - - az
Stock of vaette Dry Dock Company 1e 400 w "
Mort gage Bonds, Turner's Association. 20oo w
Mortgage Bonds Odd Fellows Hail.. 9ooo w w
Cosh IN hand les 5o7 29
sl,2s, 200 80
The above statement Is Just, true and correct
transcript from the books of the Company.
P. FOURCHY, President
~ '" STATE OF LOUISIANA,
Parish of Orleans, city of New Orleans.
Sworn to and subscribed before me the 10Th day OF
June 1875 JAMES FAHEY, n. p.
At meeting of the Board of Directors held on the
18th day of June 1875 it resolved 10 pay 10 the
Stockholders, demand interest at the rate OF III
per cent per annum on their stock.
P. Maspero, Ed. Toby
D. Fatjo T. Fourchy,
s. Kelf. M. w. Smith,
L. F. Generes J.J Fernandez,
% Chatfraix j. NJ Allen,
Chas. LATTE. Jel6 70 ly
rT,HE NEW ORLEANS INSURANCE COMPANY
OF NEW ORLEANS, La,
Corner of Camp and Canal StreetA
ESTABLISHED IN 1905.
Income for year 1s74.--.-- o3e 70
Assets December 81, 1s74............f75s,56 $50 sc
The Company insuros Fire, Marine and River
Risks Issues Marine Policies, payable in London In
case of loss. j. W. HINCKS, Secretary.
AID. SCHREIBER, Vice President.
]. TUYES, President.
DIRECTIONS:
W.B. Schmidt A. NJ Bckham,
Placide Forstau, "a Schneider,
q. Gally Jules Tuyes,
Charles Lafitte W. A. Bel,
W. Van Benthuysen, D. Fatio,
Emile Bouny, D. ID. Rogers les 1y
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 Agencies) DURING THE
YEAR ENDING DEC. 81 1874.
On Are rsks..... ........-...-.f4S5,12 100
On Marine risks. 1882 IS
On river and inland. 94394 GO
$685., 491
Less reserved fer unterminated
risks December 81, 1s74.... 1865 COL So
Return premiums 49, 222 90
1876, e24
s46s,G7 IS
Add interest ACKNOWLEDGEMENTS. 1865 IA
s5o4, 03s 70
Deduct reinsurances. .......... as, 1o3 80
p Fire losses s161, IA 60
8 Marine losses. 57,432 43
River ard in
land losses =. 81, 427 As
g - 27o, 0o4 n
p General expenses $3.50 %
e.! ... 19,43c 90
e. Commissions. $3.50 SO
" Rebate. II, 494 80
476 s35 os
Net profits. ..........-.....-.....s ~ 2o3 II
The company has the following sss is:
Cash S65,05o 80
Premiums in course Of ccllec-
lection ACKNOWLEDGEMENTS. 92,133 n
Pledges and mortgage BNtes.. 211, $50 "a
Bills Receivable for premiums II, 4s1 "a
Bonds, city and ether. 1866 IS
Stocks gas and ether. n, 400 so
Agencies premiums in course
of transmission ... e,7s7 81
Due by insurance compaI' ss-. 1880 81
Real estate, corner CAM and