The New Orleans bulletin. [volume] (New Orleans [La.]) 1874-1876, 1875-10-20

INSURANCE..
MERCHANTS MUTUAL INSURANCE COM
PANY OF NEW ORLEANS.
1O4 Canal Street.
TwENrY.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 Ut the previ-
a. Gus year; s5se. 621 05
On Ma,;na P;Sks . SO, $50 10
~, Pc R;sE. . 1888 0o
roto, pron,;rr,s $67s, 16O %
r a yIn,nad premiums 121, 468 90
NJ. roa puon,;n,. a,s+ Nav 1s75.... 1893 %
Losses paid
On Fire Risks .$25I, 344 :!
On Marine Risks ------- TIC. ~
On River Risks .-.-.--.--..-- 32344 oo
1881, 40 go
Taxes 81, 009 SO
Reinsurance and Return Pre-
miums --i.,--.-.-.----: a6,s49 Y
Expenses and fifteen per cent
iopa'0 i0SS in'oi''' 49, 454, 26o 81
Profit s1oa, 4sl So
Real Estara $3.50, s14 43
Citv Ronds ZIG ITO 90
Bank, Railroad and other Stocks. 73,'1l 80
Notes secured by mortgage and pledge 5212is 60 60
premiums in conrse of collection a. 4O4 10
Stata Ronds " $50 90
Insurance Stock 49, 1874 As
Stock of Vallette Dry Dock Company. 1900 90
Mortgage Bonds, Turner'S Association 2,ooo w
Mortgage Bonds Odd Fellows HAIL.. ,0O0 w
Cash on hand .. 108, 587 80
Q, 2s3 800 Sc
The above statement is Just, true and correct
transcript from the books of the Company
F. 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 FAHEl, N. +.
At meeting of the Board of Directors held on the
14th day of June 1875 it resolved to pay to the
Stockholders ON demand, interest at the rate Of 10
per cent per annum on their stock
DIRECTORS:
P. Maspero, Ed. Toby,
S. T. ref Relf NJ. ". Smith,
L. F. Generes, J. J.. Fernandez,
Chas. LATTE. je16 rs 1y
vyyHR NEW ORLEANS INSURANCE COMPANY
OF NEW ORLEANS, La,
Corner of Camp and Canal Streets
ESTABLISHED IN 1908.
Income for year 1s74...-. 1904 o3s 10
Assets December 81 1874 $50 60
The Company insures Fire. Marine and River
Risks Issues Marine Policies payable in London In
case of loss JW. HINCKS, Secretary.
AID. SCHREIBER Vice President.
n,Tyv
DIRECTORS:
W.B. Schmidt, A. M Bickham,
Placide Forstall Ad Schneider,
81. Gally, jules Tuye6,
w. Van Benthuysen, D. Fatlo,
Emile Bouny, D.. d. Rogers. fe3 ~
T,HE F1REMEN'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
IN MARKS PRUDHOMME,
RHBES sisi5fss' JAS Borc a5's f's''S'n'
BOARD OF DIRECTORS D'Df'''0.
Jacob Alexander yno Fitzpatrick Marks
g Taylor Gauche Wash Marks VIM Swan
L Cain Chas Hemard IPrudhOmme
Otto Thoman Dudenhefer A II IsaacsOn
B M Pond Geo Waters B WOrmann
mh7 Pm
NEv ORLEANS INSURANCE COMPANY
Corner Canal and Camp streets.
FIFTEENTH ANNUAL STATEMENT
Tn conformitv with thair charter the comnanv nuh
lsh the following statement:
PREMIUMS Home and Agencies) DURING THE
YEAR ENDING DEC. 81, 1874.
On fire risks.-.-.. .$4s5, 1870 SO
On Marine risks.---...-.-...... so,sS2 t5
On river and inland. 1884 60
Less reserved for unterminated
risks December g. 1s74---. 6601 So
Return premiums. SO, 222 90
s4ss,s73 IS
Add interest OBSERVATION-DISCLOSURES. 1896 IA
s5o4,o3s 70.
Deduct reinsurances- .---..---. as, 1893 30
q Fire losses --.. s161, IA SO
Marine losses. 57,432 43
- River ard in
land losses 81, 4T IS
270,0 II
p General expenses. $3.50 %
g Taxes. .......-.. 194& 90
e Commissions. .---........ $3.50 SO
Rebate 1894 80
- l7e,ss5 os
Net profits ......--...--.-.-...s 27,2o3 II
The company has the following ass ts:
Cash. $65,050 SO
Premiums in course of ccllec-
bection. 92,133 n
Pledges and mortgage m,tes.. 211, 859 "a
Bills Receivable fer premiums IL, 4s1 o.