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

Assets January l, 1874. ,119, 237.
Rates as low and equitable az those of anv
other Company.
The ADVANCE DIVIDEND PLAN simplifes
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 applyino
surplus for that time.
Under it's system Of CONTINUED FULL
INSURANCE, Policy remains in force after the
dlscontinuance Of the payment of premium, TO.
as long as its value will carry it with the right
OF revival at any time during the first s1
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 ORGANIZE.
T1ONS, in the several states where doing husi.
ness does not drain these sections of capital but
| invests the net premiums among the people who
pay them.
1t localizes itself as A 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 mensof their community, by the policy.
holders themselves, thus assuring the latter of
an honorable and liberal dealing in their trans.
&C tions with the Company, and of q permanent
local Office for the payment Of premiums etc.
These advantageous features, offered only by
this Company, are guaranteed in it's Charter.
LOUISIANA DEPARTMENT.
Once No. $50 Gravier Street, New 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. Musson, W. s.. Pike.
R. NJ. Walmsley, John CLatfe.
Thomas H. Hunt, r. Pritchard,
Joseph Bowling, julius vairan,
Henry '. Ogden, John Williams,
Isaac A. Scherck, Jules A. Blame.
General Agent, Gen. E. B. SHINES,
Good Agents Wanted. n9 3m
NEW ORLEANS INSURANCE COMPANY.
ESTABLISHED IN 1905.
Office, corner Of Camp and Canal streets
Assests, December 81, 1871. S755,S4l "a
Insures Fire, Marine and River Risks, DIVIDING
the profits separately on each department to the
insured.
For the accommodation of it's customers. the
Company will make Marine 1g, Losses payable in
J. ". H1NoKs, Secretary.
Geo. Urquhart, NJ. Payro,
9. 7. Dugazon. Placide Forstau,
G. W. Babcock, Aug Reichard.
7. Bailly Blanchard, E. Miltenberger.
A. Schneider, w. g. Schmidt,
Chas. Lafitte, j. Tuyes s25 tJa1
MERCHANTS MUTUAL INSURANCE CON
PANY OF NEW ORLEANS
1O4 Canal Street.
TWENTIETH ANNUAL STATEMENT.
In conformity with the requirements Of their char
ter, the Company publish the following statement:
1874 including Unsazned Premiums Of the pss "
GUS year:
On Fire .....................S es3, 3ce 0. |
On Marine Risks. ..........s............. 6O763
IN kkiver kslsKs....... Al,03S
Total Premiums. ..................... 1s15,121 y
Less Unearned Premiums. ......-.-... $500 o. |
Net Earned Premiums s1st May, 1s73.... S719,221 "
Losses paid
On Fire Risks. $363,616 GO
IN Marine Risks. .........-... 6Ssos =
On Tn! R'vs s1d Ri E1ne1;s: s:. In $685.
Reinsurance Return Premium
and Profits and Loss ....... 1886
Reserved for Unadjusted Losses 5000 o.
-- d 80 o.
Profit. slaa 7es ],
Real Estate. ga as -
Banks and Railroad Stocks ....-........ si'iss &C
Notes secured by mortgage. ........... 3e4To q
Notes secured by pledge 120,335 90
Bills reeoivaOie- $3.50 %
Premium in course Of collection ....-. los, 732 Il
state BONDS. 1900 o.
insurance STOCK. ACKNOWLEDGEMENTS. 1880 0C
stock vallette Insurance Company a's00 %
stock of Levee Steam Cotton Press 37s5 %
stock Of Marine Dry Dock and Ship Yard
Mortgage Bonds Turner'S Association. aSco C
Mortgage Bonds Odd Fellows HaN..... $500 90
jash on hand. ACKNOWLEDGEMENTS. l72372 e
4, 1853 7ol u
The above statement 10 lest and correct tran |
cript from the books Of the Company.
PAUL FOCRCHY, President
g. W. Mort, Secretary. I(
STATE OF LOUISIANA
Parish Of Orleans, city of New Orleans.
Sworn to and subscribed before me the 9Th day q
'une 1874 p. CHS. CUVELRR
Notary Public, 40 Gravier street.
Tho usual ten per cent interest u payable to ths
tockholders on demand.
DIRECTORS:
p Maspero David KcCoard,
s. H. Relt [. +. 0ene-es, In
NJ PUG, 2. Tourchy
II. w. Smith, ]. j. FernaHdes,
d. A. Chafrax. ]. M Allen,
ChAs. Latte iana