The New Orleans bulletin. [volume] (New Orleans [La.]) 1874-1876, 1875-05-12
INSURANCE.

1 THE YEAR 1874.
Amount premiums for the
| year -S5So,oSl ~
Less unterminated risks and
returned premiums.-.... 1o4517 Is
Net earned premiums........ 9292,0l4 Is
| Discount and interest. ....... 42,3o2 81
| 1884, s76 At
| Losses paid re-insurances, and
unadjusted losses. .$l56,el9 70
| General expenses, taxes and
l rent. .......e........... SS,Voo ~
Reserve fund $4,000 and
dividend stock 10 per
| cent. 596ss 5Hs2555l5 80
| Net profit. ................. $7s,sh1 IT
Assets Of the company, estimated at their Cash
MARKET VALUES:
Bonds, stocks, loans and bills
receivable. $40 Of
| Cash en- hand and premiums
in course of collection. =. 129,775 II
| Total assets. $O39o4o II
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
dividend to the stockholders have resolved to pay
cash dividend of TWENTY-FIVE PER CENT on
the net earned participating premiums for the year
| ending December 81, 1875.
JAS. !. DAY, President.
HORACE CARPENTER, Secretary.
DIRECTORS FOR 1875:
yno g; Gaines, Richard Flower, J; L: Harris
H H Wscs y a Tssr 1s. alfa' Haas
B. Biscoe. James l. Day, Scott McGehee,
4. Baldwin, Lionel G; Levy. Geo Jonas
VA ssygoaE 5s%ss eag Ia 1ley
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
81 Camp street, corner Of Commercial Alley.
milo
TlHE FREMEN'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
MARKS PRUDHOMME,
RI BENNERs, JAS BoYcE -''-''A'
BOARD OF DIRECTORS. 'p'''
spori NN'N la Witt nt' Leon Berton
6 Taylor Gauche Wash Marks VIM Swan
l. b Gam ChaS Hemard PrudhOmm0
Otto Thoman Dudenhefer H Isaacson
NJ Pond Geo Waters 3 Wormann
mh7 Pm
TNHE NEW ORLEANS INSURANCE COMPANY
OF NEW ORLEANS, La,
Corner of Camp and Canal Streets,
ESTABLISHED IN 1905.
Assets December 81, .s75s, $50 So
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:
W. B. Schmidt A. NJ Bickham,
Plaeide Forstan, Al Schneider,
h. Gally, Jules Tuyes,
Charles LATTE W. A. Bell,
WAN Benthuysen. 2 Fatio,
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.
ish the following statement:
PREMIUMS Home and Agencies) DURING THE
YEAR ENDING DEC. 81, 1874.
On fire risks.-.... .............$455,l2 100 So
On Marine rsks.-.............. $685. IS
On river and inland............ 1884 6S
1868 497
Less reserved for unterminated
risks December 81 1s74.... 16s,6o1 So
Return premiums. ............. &c., 22 90
199,624
s46ss7s IS
Add interest. 1886 "A
Deduct reinsurances. .......... $45, lob 80
q Fire losses. -. SOL, IA SO
Marine losses. 57,432 43
River and in.
E land lOsses... 51,427 As
y General expenses---..... $3.50 %
Iaxes ........-. l9,43o w
3. Commissions. s35, $50 SO
- 47ss35 os
Net profits ACKNOWLEDGEMENT s72o3 n
The company has the following ass ts:
Casn .-..... Soo,ooV ~
Premiums in course OF collec.
lection. W, 133 II
Pledges and mortgage notes. 211, $50 "a
Bills Receivable for premiums II, 4s1 o.
Bonds city and ether 1866 IS
Stocks, gas and other. H,409 50
Agencies premiums in course
of transmission ............ 9,7s721
Due by insurance companies. 1920 81
Real estate corner Camp and
Canal ....... 7o,es2 n
Other real estate. 70,532 g.
Branch Office, Third District, |
premium in cOllection...... 1,675 70
Suspense account........... 3070 16 |
SIS, $50 SO
LIABILITIES
Capital $500 900 90
Reserved for unterminated
risks Dec. 81, 1s74.-.-...... 166, COL So
Interest and dividends uncol-
lected ACKNOWLEDGEMENTS. 67371
Claims against the company. 1898 70
- $677, $50 Il
Surplus more than sufficient
I