The New Orleans bulletin. [volume] (New Orleans [La.]) 1874-1876, 1875-04-27

tJH376 ~
Losses paid, re insurances, and
unadusted losses. .Sl56, sig -
General expenses, taxes and
rent. ................... 39,UoS "
Reserve fund $4,000 and
dividend ON AtOck 10 per
Observation-Disclosures. 59626 54-s255, SIS 30
Net profit. .............. &7e,eS1 II
Assets of the company, estimated at their CASH
MARKET VALUES:
Bonds, stocks. loans and bills
receivable. ...............$4O9,o70 Of
Cash On hand and premiums
in course Of collection. 1875 II
The Board of Directors 1t . meeting held on
tie twentieth day Of January, 1875 after setting
aside SO 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 49,:
yno G; Gaines, Richard Flower l. Harris sa,a,a+
Hy Renshaw, B. ": Taylor, Alcus,
Hugh Wilson, &c. Morris, Isaac I; Haas,
B. BiscOe. James l. Day, scOtt McGehee
A. Baldwin, Lionel Z. Levy. leo Jonas.
Chas Macready, Emory Capp, y. Fatjo
W. e. Seymour James Byrnes I. 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
NHE FIREMENS INSURANCE COMPANY
OF NEW ORLEANS,
once, corner Camp and Gravicr streets.
INSURANCE AGAINST FIRE ONLY.
This Company is ready to take risks against loss
or damage by fire.
I'm MARKS, TPRUDHoMME, ).
President Vice President
II BENNERS, JAS BOYCE,
0e'' BOARD OF DIRECTORS.
Jacob Alexander yno Fitzpatrick NJ Marks bal..,,
9 Taylor Gauche Wash Marks YIN n Swan
0tte Thoman Ed Dq %sah W i isaacson
mh7 I'm
Y1HE NEW ORLEANS INSURANCE COMPANY
OF NEW ORLEANS, La,
Corner of Camp and Canal Streets
ESTABLISHED IN 1905.
Income for year 1s74.-......-. 036 ~
Assets December 81 1874. $50 66
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
DIRECTORS:
W. B. Schmidt, A. M Bickham,
Placide Forstall Ad Schneider,
H. Gally Jules Tuyes,
Charles LATTE, w. A Bell,
w. Van BenthuySen, ID. FatjO,
Emile Bouny. D. D. Rogers. fe3 1y
NEW ORLEANS INSURANCE COMPANY
Corner Canal and Camp streets.
FIFTEENTH ANNUAL STATEMENT.
In conformity with their charter the company pub
lish the following statement:
PREMIUMS Home and Agencies) DURING THE
YEAR ENDING DEC. 81, 1874.
On fire risks.-.... .............ta65l 10 So
On Marine risks. oS,9o2 %
On river and inland..-......... S4,3s4 6s ..
Less reserved for unterminated
risks December g. 1s1.... 16e,601 50
Return premiums. 81 ~ 90
s46s,s7s IS
Add interest. ............ IS, 1865 IA
s5o4,oss 70
Deduct rensurances. .......... $45 lo3 w
p Fire losses. .$161, IA 60
8 Marine losses. 81, 1872 43
River and in
land LOSSES. 81, 427 As
= General expenses. ....... $50 %
e Taxes 49, 400 90
e. Commissions IS, $50 90
2 Rebate 11,494 80
- 476, ss5 os
Net profits. ~, ao3 n
The company has the following ass t.:
Cash. .... $6o,O5O "
Premiums in course Of collec-
lection. Observation-Disclosures. 81, 133 n
Pledges and MORTGAGE notes. 21l, $50 "a
Bills Receivable for premiums Il, 4s1 o.
Bonds, city and ether. 1866 IS
Stocks gas and other. IA, 400 50
Agencies premiums in course
of transmission 9,7e7 81
Due by insurance companies. 1880 81
Real estate, corner Camp and
Canal Observation-Disclosures. 7o,6e2 II
Other real estate. ............ 70, 532 g.
Branch Office, Third District
premium in colection...... 1875 10
Suspense account. 3,07O 16
LIABILITIES
Capital stock. $500, 900 90
Reserved for unterminated
risks, Dec 81, 1s74.......... 166, COL 50
Interest and dividends uncol-
lected Observation-Disclosures. 6,73715
Claims against the company. 1928 %
- 632 II
Surplus moro than sufficient
to cover depreciation. ............ $50 92a q
The above statement is true and correct tran.
script from the books of the company
]. TUYES President.
J. W. HINGKS Secretary.
Sworn to and Subscribed before me on this 18th day
of January, 1875.
JOHN LIE MONNIER,
Third Justice Of the Peace for the parish of Orleans
TIM nf no d. YN:- ho1N L..