The New Orleans bulletin. [volume] (New Orleans [La.]) 1874-1876, 1875-07-08
INSURANCE.

4
MERCHANTS MUTUAL INSURANCE COM
- - PANY OF NEW ORLEANS
104 Canal street.
TWENTY-FI ANNUAL STATEMENT,
In conformity with the requirements of their char.
ter, the Company publish the following sfatemens;
Premiums received during the year ending May 81,
1876 including Unearned Premiums Of the previ-
GUS year: +.'s-'
On Fire Risks 1859 gu O5
On Marine Risks Observation-Disclosures. 50, $50 10
On River Risks $3.50 Oe
Total Premiums. ...... s67s, 1so %
Less Unearned Premiums = 121, 46s %
Net Earned Premiums slst May 1875. =. 6es2 %
Losses paid
On Fire Risks. ,3A Al
On Marin Marine Rs; Risks a aaasa - -
, aa't go 1887, 40 90
Taxes .......-.............--- 49, 09 SO
Reinsurance and Return Pre-
Expenses and fifteen Per cent
ID rebate less interest 54,93O "
Profit .. eloa 81 81
The Company have the following assets
Citv Bonds. 21611 90
Bank, Railroad and other Stocks 73,6ll so
Notes secured by mortgage and pledge. zig IS
P Ps ie0s N course Of collection e
state Ronds $50 90
insurance Stock. 1924 46
Stock of VallettA DRY Dock Company 400 90
Mortgage Bonds, Turner's Association. 1000 %
Mortgage Bonds Odd Fellows Hail.. 0oo W
Cash on hand Observation-Disclosures. 108 5s7 90
-'s'az @ 81 2sa 500 Sc
The above statement is iust true and correct
P. FOURCHY, President
q. W. MOTT SeeI sTIrE OF LOUISIANA, |
Parish Of Orleans, city Of New Orleans.
sw0 to and sssfs ne III IN day
AT meeting of the Board OF Directors held on the
18th 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. n M
- DIRECTORS: eai fae s..t4.t
z. M Ma.!pp' Bd; Toby
3 3 T. E1 ksif; 4 X. f ". smith,
/. F. Geneyes, J. j. Fernandez
D. A. Chaffraix, ]. M. Allen,
Tym NEW ORLEANS INSURANCE COMPANY
OF NEW ORLEANS, La,
'a Corner Of Camp and Canal Streets.
ESTABLISHED IN 1906.
Income for year 1s74.......-. >5o4 oss ~
Assets Deoembersl, 1874 =. .S7ss $50 60
The Company insures Fire, Marine and River
Risks Issues Marine Policies payable in London in
oase Of loss. J.W HINCKS. Secretary.
AID. SCHREIBER Vice President
..lsvsa .t,. J. TUYES, President.
DIRECTORS: |
W. B. Schmidt A. n Bickham,
Plaeide Forstah, Ad Schneider,
Charles GlA LATTE w.I. i BeIi'
". Van Benthuysen, D. Fatio,
Emile B0uny D. D. Rogers fe3 1y |
NEW ORLEANS INSURANCE COMPANY
Corner Canal and Camp streets.
FTTEENTH ANNUAL STATEMENT.
In conformity with their charter. the company pub
hsh the following statement:as Is. .t#
PREMIUMS Home and Agencies) DURING THE
a} 8 YEAR ENDING DEC. 81. 1874. ~
On fire rsks.-.... ...........-.t4s5,1 100 So
On Marine risks. $3.50 IS
On river and inland.-.......... s4,3s4 So
Less reserved for unterminated
risks December 81, 1s74.... 16o,6ol So
Return premiums. ............. 33,222 90
f 199s0l
9e e4ss s7s Is
Add s. 1855 II
s5O4oss 70
Deduct reinsurances. .......... t45,1a3 80
p Fire losses 800. 3161 IN IS 'Ai
Marine losses. 57,432 -
River and in.
land Losses. 81 AZ IS 4a
& III
General expenses. ......, $3.50 %
g Taxes. .......... 1890 90
E Commissions. -. ....... $3.50 80
= Rebate ............. 1894 80
- l7e sss os
Net profits. .......-........--.-..... aa72o3 n
The company has the following ass. t.
Cash e65,050 90
Premiums in course Of Ccllec-
lection. s2,1s3 n
Pledges and mortgage notes. 211 s59 "a
Bills Receivable for premiums 12,4e1 "a
Bonds, city and ether. ....... 1896 IS
Stocks, gas and other. ........ 74,4es 50 a.
Agencies premiums in course
Of transmission ......... 9,7e7 q
Due by insurance companies. 1880 81
Real estate, corner Camp and
Cana, ...................7 ose2n
Other real estate. ............ 70,532 "a Fl Ed.
Branch Office. Third District ,.q .,-f at
premium in oollection...... 1675 70
Suspense account. ..-........ 3070 IS
LIABILITIES. -
Capital stock. $500, 900 90 sfF
Reserved for unterminated Is 3 4s7
risks, Dec 81, 1s74.......... 1855 sol 50 9a
Interest and dividends uncol. Hk# II
lected ...-...........-...... 6,7T Is
Claima apAinat the oonnanv n II