The New Orleans bulletin. [volume] (New Orleans [La.]) 1874-1876, 1875-09-17

l
MERCHANTS MUTUAL INSURANCE COM
PANY OF NEW ORLEANS,
1O4 Canal Street.
TWENTY FIRST ANNUAL STATEMENT.
In conformity with the requirements of their char
ter, the Company publish the following statement:
Premiums received during the year ending May 81,
1875, including Unearned Premiums ef the preVl-
ON oI Ere ye" Risks s569, 6a1 o5
I'm Marine Pisks - SO. $50 10
ON River Risks 1898 05
Total Premiums .. sos, 100 %
Less Unearned Premiums 121, 46S 90
Net Earned Premiums 3lst May, 1s75--- s556,692 %
Losses paid
On Fire Risks: s257, 344 Al
On Marine Risks ---------. 4lIo2 A
On River Risks ..-...-.---.. 3234i 10
1881, 40 30
Taxes Observation-Disclosures. 5000 SO
Reinsurance and Return Pre-
Expenses and fifteen por cent
rebate less interest. 5493O OF =
Profit sloa. 49, So
Real Estate s2s2 s14 43
CITY Bonds PIG ITO 90
Bank Railroad and other Stocks. 7361l 50
Notes secured by mortgage and pledge 1879 So
Bills receivable s3917 90
Premium in of collection 3d. 4Oi -
State Bonds $50 90
Insurance Stock. 9,l24 40
Stock of valette Dry Dock Company. 104OO 90
Mort gage Bonds, Turner'S Association. 1000 00
Mortgage Bonds Odd Fellows Hail.. 5000 w
Cash on hand ACKNOWLEDGEMENTS. 1055S7 20
sl2as sgg So
The above statement is Just, true and correct
transcript from the books of the Company.
P. FOURCHY, President
" '" ava > STATE OF LOUISIANA,
Parish OF Orleans, city OF New Orleans.
Sworn to and subscribed before me the 18th day Of
june 1875. JAMES FAHEY, n. p.
AT meeting of the Board of Directors held ON the
18th day OF june 1875 it was resolved to pay to the
Stockholders, demand interest at the rate of 10
per cent per annum their stock.
DIRECTORS:
P. Maspero, Ed. Toby,
D. FatjO, p. FOurchy,
S. z. Ref, M. W. Smith,
L. F. Generes, j. j. Fernandez,
D. A. Chaffraix j. NJ Allen
Chas. LATTE. je16 rs ~
TUE NEW ORLEANS INSURANCE COMPANY
OF NEW ORLEANS, La,
Corner of Camp and Canal Streets
ESTABLISHED IN 1905.
Income for year 1e74.-...-.. o3s 70
Assets December 81 $75s $50 60
The Company insures Fire, Marine and River
Risks. Issues Marine Policies, payable in London in
case of loss. ]. W. HINCKS Secretary.
AID. SCHRE1BER, Vice President.
J. TUYES, President.
DIRECTORS:
W. B. Schmidt, A. M Bickham,
b. Gally, Jules Tuyes,
Charles LATTE, W. A. Bell,
". Van Benthuysen, 2. Fatio,
Emile Bouny, D. d. Rogers fe3 ~
THE 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,
RHBENNERs, JAS BoYcE, i''l''A'
Ss'r soARD OF DIRECTORS. inspector
Jacob Alexander JnO Fitzpatrick n Marks
6 Taylor Gauche wash Marks VIM swan
d I B Cain Ghas Hemard IPrqdhomme
B NJ 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
Gsh the following statements
PREMIUMS Home and Agencies) DURING THE
YEAR ENDING DEC. 81, 1874.
On hre risks ............. 1885, 120 So
On Marine risks so,9o2 is
On river and inland. ........... 94,394 SO
Less reserved for unterminated
risks December 81, 1s7A.... 166, SOL 50
Return premiums 33,222 90
s46s 1913 IS
Add interest ACKNOWLEDGEMENTS. 1886 IA
s5o4,o3s 70
Deduct reinsurances. .......... $5, lob 80
3 Fire losses .s161 IA SO
9 Marine losses. 81, 432 -
River ard in
land losses 51,427 IS
270,004 n
p General expenses. .... $3.50 %
= Taxes. -..-.---. 19, 43S 90
3 Commissions $3.50 SO
Rebate. ............. II ,494 80
- l7esa os
Net profits. III 2O3 II
The company has the following ass Is,
Cash. ....... $65,050 50
Premiums in course Of ccllec.
lection. Observation-Disclosures. 92133 n
Pledges and mortgage n ,tes.. 2l1 ,s59 "a
Bills Receivable for premiums 124s1 o.
Bonds city and ether ......... 1879 GIG SIS
Stocks, gas and other H409 50
Agencies premiums in course
of transmission .......-... 97s7 p
Due by insurance COMPARES. 1920 81
Real estate corner CAM and |
Observation-Disclosures. 1862 II
Other real estate 1882 "a
Branch office Third District,