The New Orleans bulletin. [volume] (New Orleans [La.]) 1874-1876, 1875-05-29
INSURANCE.

1O1Os
INSURANCE.
SUN MUTUAL INSURANCE
COMPANY.
Paid up Capital $500, O00.
NINETEENTH ANNUAL STATEMENT. FOE
THE YEAR 1874.
Amount premiums for the
year. -....................$3 1891, 53l 30
Loss unterminated risks and
returned premiums...... 1o4,517 Is
Net earned premiums. e992, Oh Is
Discount and interest. ....... 4, 362 81
tss4,37s Il
Losses paid reinsurance and
unadjusted losses. .H56,6l9 ~
General expenses, taxes and
rent. ................... 49, 66
Reserve fund $4,000 and
dividend stock 10 per
cent. 5s,sss 81 $o55,515 30
Net profit ................. $7S,e91 II
Assets of the company estimated ct their CASH
MARKET VALUES:
Bonds, stocks, loans and bills
receivable. ...............$4O9670O o.
Cash on hand and premiums
in course of collection. -. 129, IT'S n
Total assets...... 453s, GAS n
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. L DAY, President
HORACE CARPENTER Secretary.
DIRECTORS FOR 1875.
yno g; Gaines Richard Flower, J; L; Harris,
Hy i Rs a S.W Taylor, l. A S: s'n"''
Hugh Wilson, J.C Morris, Isaac L. Haas,
B. Biscoe. James l. Day, Scott McGehee,
Chas: Macready, Emory Clapp, ?. 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
able terms All losses adjusted and settled upon the
most liberal terms and promptly paid at their Office,
81 Camp street, corner Of Commercial Alley.
milo
TUE NEW ORLEANS INSURANCE COMPANY
Of NEW OhLEANS, La,
Corner of Camp and Canal Streets,
ESTABLISHED IN 1SO5.l
Income for year 1s4.-...... o3s 70
Assets December 81, 1874. $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.
". B. Schmidt A. M Bckham,
Placide Forstall. Ad Schneider,
% Gally. Jules Tuyes,
Emile Bouny, ID. Rogers. fes 1y
THE F1EEMENs INSURANCE COMPANY
OF NEW ORLEANS,
Once, corner Camp and Gravier streets.
INSURANCE AGAINST FIRE ONLY.
This Company is ready to take risks against loss
INMARKs, TPRUDHoMdE,
President Vice President
r 81 BENNERS JAS BOYCE,
Secretary Inspector
Jacob Alexander Jno Fitzpatrick I N Marks
c SpOrl L A Wilt Leon BertOH
C Taylor Gauche Wash Marks Vim Swan
L 3 Cain Chas Hemard EPrudhOmme
Otto Thoman F Dudenhefer b Isaacson
NJ Pond Geo Waters B Wormann
mh7 Pm
NEW ORLEANS INSURANCE COMPANY
Corner Canal and Camp streets.
FIFTEENTH ANNJrAI. STATEMENT.
In conformity with their charter the company pub.
Hsh the following statement:
PREMIUMS Home and Agencies) DURING THE
YEAR ENDING DEC. 81, 1874.
On hro risks. .$4S5, l2O So
On Marine rlsks.--............. 6S,9o2 is
On river and inland........-... 1884 68
Less reserved for unterminated
risks December 81, 1674.... 166, Sol So
Return premiums. .....-...-... 1929 90
s46s, s7s IS
Add interest. 1886 IA
$5o4, 70
Deduct reinsurances. .......... As, 103 30
q Fire losses .$161, IA 50
Marine losses 57,432 43
River and in
land losses... 81 427 As
x 27o,0o4 Il
y General expenses. IS, $50 %
Taxes. ........ 19,43O 90
& Commissions. IS, $50 80
Rebate. .............. 11,494 80
-- 476,sa5 %
Net profits ......................t a7,aos n
The company has the following ass to:
Cash. .................. ...... $65,O50 80
Premiums in course Of collec-
lection. 92,133 n
Pledges and mortgage notes.. 211, s59 "a
Bills Receivable for premiums 12,4s1 o.
o;<x ind