The New Orleans bulletin. [volume] (New Orleans [La.]) 1874-1876, 1875-05-25

INSURANCE.

INSURANCE.
SUN MUTUAL INSURANCE
COMPANY.
Paid up Capital $4,000
NINETEENTH ANNUAL STATEMENT. FOR
THE YEAR 1874
Amount premiums for the
year. $685., 531 30
Less unterminated risks and
returned premiums...-.. fo4,5l IS
Net earned premiums. 1292, Oh Is
Discount ana interest. 1862 80
ess4, SO II
Losses paid re-insurances and
unadjusted losses. .$156, 619 ~
General expenses, taxes and
rent. ......... 39,o6s 81
Reserve fund $4,000 and
dividend on stock 10 per
cent. 5e,6a6 81 $255, SIS 30
Net profit. .................S 7s,eS1 II
Assets Of the company, estimated ut their CASH
MARKET VALUES:
Bonds, stocks, loans and bills
receivable. $40 "
Cash on hand and premiums
in course of collection. 129, IT'S n
Total assets ............. e539, Gas n
The Board Of Directors, at . meeting held on
tie twentieth day of January, 1875, after setting
aside 10000 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,
Jno: g: Gaines Richard Flower, J: I: Harris,
~ Il Rs aaa Bw VIZ Taylor " A e. Schmidt
Hugh Wilson. 10. Morris, Isaac I: Haas,
B. Biscoe. James I. Day, Ecott McGehee
A. Baldwin, Lionel c. Levy, Geo. Jonas.
Chas. Macready, Emory Clapp D. Fatjo,
W. e. Seymour, James Byrnes, T. L. Airey.
This old and reliable Company is issuing Policies
on Fire River and Marine Risks on the most favor
most liberal terms and promptly paid at their Office
81 Camp street, corner Of Commercial Alley.
milo
TyHE NEW ORLEANS INSURANCE COMPANY
OF NEW ORLEANS, La,
Corner of Camp and Canal Streets,
ESTABLISHED IN 1906;
Assets December 81, $50 g
The Company insufes Fire, Marine and River
Risks. Issues Marine Policies payable in London In
case of loss. J.w HINCKS. Secretary.
AD SCHREIBER, Vice President
J. TUYES, President.
DIRECTORS:
W. B. Schmidt A. NJ Bickham,
Placide Forsta1l, Ad Schneider,
Charles LATTE ". A. Bell
". Van Benthuysen 2: Ealo
T1HE FIREMEN'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
or damage by fire.
INMARKs,, TPRuDHoMME,
President Vice President
r 81 BENNERS, JAS BOYCE,
SS'r soASD OF DIRECTORS. Inspector
Jacob Alexander yno Fitzpatrick N Marks
c Sporl LA Wilt Leon Bertoi
C Taylor Gauche Wash Marks Vim Swan
L Cain Chas Hemard TPrudhomme
Otto Thoman Dqdenhefer ! H 3 1saacson
mh7 I'm
NEW 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 Agences) DURING THE
YEAR ENDING DEC. 81, 1874.
On fire risks...... .$485, 100 SO
IN Marine r1sks................ S69S2 65
On river and inland. 1884 So
Less reserved for untermnated
risks December 81, 1s74.... 16e COL 50
Return premiums. ............. 80, 222 90
s46s,s7s IS
Add interest," 1896 IA
5o4,o3s 70
Deduct reinsurances. .-.....--. Is, 1903 90
e Fire losses -s161 IA SO
Marine losses. 81, 432 43
- River and in
land l0sses... 81, 427 As
- 27O,004 II
y General expenses. .... $3.50 %
Taxes. .......... 19,430 90
e. Commissions. ........... $3.50 80
Rebate. .-... .-.-...-.-... II, 494 80
- 47e,s35 os
Net profits. &27,2o3 n
The company has the following ASS t.:
Cash. $65,O5O 80
Premiums in course of collec-
lection. 92,133n
Pledges and MORTGAGE notes.. 211, $50 "a
Bills Receivable for premiums 10, 4s1 o.
Bonds, city and ether. ........ 139, GIG IS
Stocks, gas and other H,409 50
Agencies premiums in course
OF transmission ......., 97s72