The New Orleans bulletin. [volume] (New Orleans [La.]) 1874-1876, 1875-01-23

Rates as low and equitable as those Of anv
other Company.
The ADVANCE DIVIDEND PLAN simplides
the Policy Contract by giving an increased in
surance OF twenty-five per cent. during the first
five years, in lieu of all other modes Of applying
surplus for that time.
Under it's system OF CONTINUED FULL
INSURANCE, Policy rema aims in force after the
discontinuance Of the payment of premium, for
as long as its value will carry it with the right
OF revival at any time during the first six
months.
Its plan Of TERM INSURANCE, with low
rates, meets the needs of business men better
than any other form of insurance.
Its system Of DEPARTMENT ORGANTZA.
TONS, in the several states where doing busi-
ness, does not drain these sections of capital but
invests the net premiums among the people who
pay them.
It Localities itself as HOME INTEREST.
wherever established, not only by home invest
ment OF premium receipts, as stated, but by the
advisory direction and superintendent Of the
Department Board of Directors, selected from
the best menAof their community, by the policy
holders Themselves thus assuring the latter Of
an honorable and liberal dealing in their trans.
actions with the Company, and Of permanent :
local Office for the payment Of premiums, eta.
These advantageous features, offered only BY
this Company, are guaranteed in it's Charter,
LOUISIANA DEPARTMENT.
Once No. 1S9 Gravier Street, Now Orleans
President, GEN. J. B. HOOD.
First Vice President L. F. GENERES.
Second Vice President, H. V. OGDEN.
Attorney, r. L. GIBSON.
Secretary, SAMUEL FLOWER.
NJ. Mussen, s.. Pike,
Thomas II. Hunt, R. Pritchard,
Henry V. Ogden, John Williams,
Isaac A. Scherck, Jules A. Blanc
General Agent, Gen. B. B. SHINES,
Good Agents Wanted. n8 SIN
T,EUTONA INSURANCE COMPANY
OF NEW ORLEANS.
Insure Fire, River and Marine Risks at the Lowsss
Rates.
Assets $S44,993 90
A. Elmer BADER. President.
CHI. ENGSTFELD, Vice President
GEO. STROMEYER, Secretary.
BOARD OF TRUSTEES:
Henry Abraham A. Elmer Bader, N A. Baumpsrdaa
e +. Del Bondio Chs. Engstfeld, M. Frank,
T. S SsKssv' ~ ks aailsr Tb Kat k,.uta
3. Roder, Louis Schneider, w. b. Schmidt,
B. Sieg, Isaac Scherk, J. M Schwartz
n291
M ERCHANTS MUTUAL INSURANCE OOlG
PANY OF NEW ORLEANS
104 Canal Street.
TWENTIETH ANNUAL STATEMENT.
In conformity with the requirements Of their chas.
ter, the Company publish the following statement.
received during the year ending May q,
1874 including Unearned Premiums Of The pesvi
On Fire Risk e6o3 303 q
IN Marine Risks. .-.-.................-.. e0763
Bees
Total Premiums. ...................... e015 IN -
Less Unearned Premiums.. 1876 900 -
Net Earned Premiums 31st May, 1s73.... t719M -
Losses paid
IN Fire Risks. 1858 61s Go
IN Marine Risks. ............ 633O5 n
IN River Risks. .............. 58,e25 -
Taxes and Expenses less In.
toroot- J,Jo4
Reinsurance Return Premium
and Profits and Loss. ....... o0346
Reserved for Unadjusted Losses 5000 o.
- 90 -
Profit. s1os7ss u
The Company have the following assets,
Real Estate. o2Al1S -
lily Bonds 309030 -
Banks and Railroad Stocks. ............. 21,16o q
Notes secured by mortgage. 36l.7D .
Notes secured by pledge. 12o335 %
BILLS receivable 45670 %
'remium in course Of collection los 732 -
tate Bonds. 1900 o
insurance STOCK ACKNOWLEDGEMENTS. 1900 %
tock Valette Insurance Company. $500 %
took of Levee Steam Cotton Press. 11a6 d
tnck If Marine DRY and Shin ~