The New Orleans bulletin. [volume] (New Orleans [La.]) 1874-1876, 1875-05-14


THE YEAR 1874.
Amount premiums for the
year. 5So,ooi D"
Loss unterminated risks and
returned premiums..... lOA,ol7 ID
Net earned nremiums .... tasa.ol4 Is
Discount and interest....... 1@-'o@ is
1854, 1916 A
Losses paid reinaurances, and
unadjusted losses. ....Sloo,o1S ~
General expenses, taxes and
rent. oS,Voo ~
Reserve fund $4,000 and
dividend on atock 10 per
cent. 59626 54-*255, SIS 80
Net profit. $76,eS1 II
Assets of the company, estimated at their Cash
MARKET VALUES:
Bonds stocks loans and bills
receivable. ..-......-..-..S4O9,s7 $40 %
Cash en- hand and premiums
in course of collection. 129, us II
Total assets. $S39,64o II
The Board of Directors at . meeting held on
tie twentieth day of January, 1875 after setting
aside &c., 600 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 1876:
yno: G. Gaines, Richard Flower, ]; L; Harris,
Hugh ht wilson, J. &. Morris, Isaac L Haas
B. Biscoe. James l. Day, Scott McGehee,
A. Baldwin, Lionel G. Levy, Geo. JONAS
Chas. Macready, Emory Clap, D. Fatjo,
W. E. Seymour, James Byrnes, T. L. Airey.
This old and reliable Company is issuing Policies
able TERMS AL losses adjusted and settled upon the
most liberal terms, and promptly paid at their Office,
81 Camp street, corner OF Commercial Alley.
milo
T7HE FIREMEN'S INSURANCE COMPANY
OF NEW ORLEANS,
Office, corner Camp and Gravier streets.
INSURANCE AGAINST FIRE ONLY.
This Company is ready to take risks against loss
IN MARKS, TPRUDHOMME,
President Vice President
81 BENNERS, JAS BOYCE
BOARD OF DIRECTORS.
Sporl L A Wiltz Leon BertoH
c Taylor Gauche Wash Marks VIM Swan
L Cain Chas Hemard TPrudhomme
Otto ThOman Dudenhefer A II Isaacson
NJ Pond Geo Waters B Wormann
mh7 I'm
TlHE NEW ORLEANS INSURANCE COMPANY
OF NEW ORLEANS, La,
Corner of Camp and Canal streets
ESTABLISHED IN 1905.
Income for year 1s74.... ............ 1904 o3s 70
Assets December 81 $50 SO
The Company insures Fire. Marine and River
Risks Issues Marine Policies payable in London in
case of loss. j. W. HINCKS, Secretary.
AID. SCHREIBER Vice President.
J. TUYES, President.
W. B. Schmidt A. NJ Bickham
Placide Forstarl Ad Schneider,
81. Gally, Jules Tuyes,
Emile Bouny, D. D. Rogers. fe3 1y
NEW ORLEANS INSURANCE COMPANY
Corner Canal and Camp streets.
FIFTEENTH ANNUAL STATEMENT.
lsh the following statement:
PREMIUMS Home and Agencies) DURING THE
YEAR ENDING DEC. 81, 1874.
On fire risks----.. ...-.-.-.-.-.$ 1886, 100 SO
On Marine isks.--...,..-...... 1882 IS
On river and inland. ..-........ 94394 60
Less reserved for unterminated
risks December 81 1e74.... 1875 COL s.
s46s,s7s IS
Add interest. 1896 IA
&5o4,o3s ~
Deduct reinsurances. $45, 1903 80
3 Fire losses .$161, IA 80
& Marine losses 57,432 43
River and in.
land LOSSES. 81, 427 As
= - 27ooo4 n
? General expenses. $3.50 %
Taxes. .......... 1890 90
E Commissions. 81, $50 80
Rebate. ........... 11494 80
Net profits ......................t a7,sos n
The company has the following asst t.:
Cash. 100000 ~
Premiums in course Of coleo-
lection... g. 1873 n
Pledges and mortgage notes. 211, s59 "a
Bills Receivable for premiums r. 4s1 o.
Bonds, city and ether. 1866 IS
Stocks, gas and other T4O9 50
Agencies premiums in course
of transmission ............ 9.7s7 81
Due by insurance companies. 1890 81
Real estate corner Camp and
Canal. 7oe62 n
Other real estate. 70,532 g.
Branch office, Third District
premium in collection..... 1675 10
Suspense account. 3,070 Is
-$75e $50 So
LIABILITIES.
Capital stock. $500, 900 90
Reserved for unterminated
risks, Dec. 81 1e74...-...-.. 166, sol So
Interest and dividends uncol
lected ACKNOWLEDGEMENTS. 6,737 Is
Claims against the company. 1928 70
- $677, $50 II