The New Orleans bulletin., 1875-11-27


MERCHANTS MUTUAL INSURANCE COM
PANY OF NEW ORLEANS,
1O4 Canal Street.
rwENrY.FIRsT ANNUAL STATEMENT.
In conformity with the requirements of their char
ter the Company publish the following statement
Premiums received during tho year ending May 81
1875, including Unearned Premiums OF the prevl-
ON oIS Ere eAF Risks 1868, ,621 g5
On Marine Risks --.... 81, $50 10
On River Risks 55,9o3 %
Total Premiums s S67a 100 %
Less Unearned Premiums 12l 466 90
Net Earned Premiums 3lst May 1875--.. s556,692 %
Losses paid
On Fire Risks ,344 Al
On Marine Risks. .-.--.------ 4Ilo2 "a
On River RISKS ---.-.- 32,o44 oo
1881, ,47O 80
Taxes ACKNOWLEDGEMENTS. 5000 90
Reinsurance and Return Pre-
miums ACKNOWLEDGEMENTS %, $40 70
Expenses and fifteen per cent
rebate less interest. 54,93O OF
Profit sloa, ,431 81
Real Estate sas2, ,s14 43
City Bonds. Observation-Disclosures. 216 110 90
Bank, Railroad and other Stocks. ....--. 73,b1l 50
Notes secured by mortgage and pledge. 327,219 %
Bills receivable Observation-Disclosures. S3,9lI w
Premium in course of collection. ....... a. 404 73
State Bonds NEUTRALITY-SUSPICIOUS.. $50 90
Insurance Stock. ACKNOWLEDGEMENTS. 19, 124 40
Stock of vallette Dry Dock Company. 1e 400 90
Mortgage Bonds Turner'S Association. 1000 90
Mortgage Bonds Odd Fellows Hail.. 5000 90
Cash on hand los, ,5S7 20
1929, ,899 So
The above statement is q 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 18th day Of
june 1875. JAMES FAHEY, N. p.
At meeting of the Board Of Directors held on the
14th day of june 1875 it was resolved to pay to the
Stockholders, demand interest at the rate of 10
per cent per annum on their stock
P. Maspero, Ed. Toby,
s.z Ref NJ. ". Smith,
L. F. Generes, j. j. Fernandez
D. A. Chaffraix, j. NJ Allen
Chas. Laitte. je16 '751y
TNHE NEW ORLEANS INSURANCE COMPANY
OF NEW ORLEANS, La,
Corner of Camp and Canal StreetA
ESTABLISHED In 1SO5s
Assets December 81 1s74..--..........s75s,56 500 60
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.
pyprcTovs.
w.B. Schmidt A. NJ. Bickham,
Placide Forstal Ad Schreber,
II. Gally Jules Tuyes,
Emile Bouny, D. d. Rogers fe3 ly
T,HE F1REMENs 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,
President Vice President
RHBENNERS, JAS BOYCE,
BOARD OF DIRECTORS
Jacob Alexander Jno Fitzpatrick N Marks
6 Taylor Gauohe wash Marks wm Swan
Cain Ghas Hs%aEd IPrqdhomme Tlhonaa.
B N Pond Gee Waters Wormann
mh7 I'm
NEv ORLEANS INSURANCE COMPANY-
Corner Canal and Camp streets.
FETEENTH ANNUAL STATEMENT.
In conformity with their charter. the company pub
Iish tho followipo atafament.
PREMIUMS Home and Agenoie4) DURING THE
YEAR ENDING DEC. 81, 1874.
On fire risks. ..............$455,12 ,12O
On Marine risks............... 1882 IS
On river and inland. ............ 94,394 6s
Less reserved for unterminated
risks December 81, 1sH.... 1866 So
Return premiums. .............. 80, 222 90
-- 199,s2A
s46s,s7s 65
Add interest ACKNOWLEDGEMENTS. 1886 IA
s5s4, ,o3s 70
Deduct reinsurances. ...-....-. A5, 103 80
g Fire losses. .-...s s161, IA SO
Marine lossos-- 57,432 43
River apd in
land losses 81, 427 As
S} 270,004 n
General expenses........ $3.50 %
Taxes 1943c 90
< Commissions. $3.50 SO
Rebate. ........... 11,494 80
- 47e,ss5 os
Net profits. ACKNOWLEDGEMENTS. IN, ,ao3 II
The company has the following ass. Is;
Cash. ACKNOWLEDGEMENT $65,o5o 50
Premiums in course Of ccllec-
ction. 92,133 n
Pledges and mortgage mites. 211, ,s59 "a
Bills Receivable for premiums II, 4a1 04
Bonds, city and ether 1856 IS
Stocks, gas and other 74,4O9 50
ANNA in