The New Orleans bulletin. [volume] (New Orleans [La.]) 1874-1876, 1875-10-12

MERCHANTS MUTUAL INSURANCE COA
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 e1 the prev
on Gus Esy year P;sts .. $685. 0:
~. AIau;aa p;sbs 81 $50 II
| IN Rivar R;sks . 1898 O;
Toto, Premiums s678, 100 %
| Iess Tnsanad premiums - 121, 46s 0(
Net Earned Premiums 3st May, 1s75.--. S5ooo92 20
| Losses paid .
On Fire Risks. .s257 ,344 A.
| On Marine Risks ---...------ 4Ifo2 ~
| On River Risks ..-....--- 32,344 10
| $685., 47o 90
| IaX6S oo,VV5 90
Reinsurance and Return Pre-
| miums. Observation-Disclosures. 26849 y
Expenses and fifteen per cent
rebate less interest. 54,930 W .. 49,
Profit s1Oa, 431 81
ReaI Estate -''o '-' 0 $3.50, s14 40
| Citv Bonds. 216 ITO 90
Bank Railroad and other Stocks. 1890. 1911 so
Notes secured by mortgage and pledge. 1877 279 So
RiIis receivable s3,917 90
Premiun in course of collection "a, 404 70
State Bonds " $50 90
insurance Stock 1924 46
Stock of Vallette Dry Dock Company. 1e, 400 %
Mortgage Bonds, Turner'S Association. 2,0O0 00
MortoaSe Ronds Odd Fellows' Hall 5000 90
Cash on hand ..... 1eS, 5S7 80
s1,aa3, 800 So
The above statement is a just true and correct
transcript from the books of the Company.
P. FOURCHY, President.
STATE OF LOUISIANA,
Parish of Orleans, city of New Orleans.
Sworn to and subscribed before the 18th day of
June 1875 JAMES FAHEY, N. P.
At meeting of the Board of Directors held on the
Stockholders on demand interest at the rate of 10
per cent per annum on their stock.
DIRECTORS:
P Maspero Ed. Toby
D. Fatjo, P. Fourchy,
S. z. Relf, M W. Smith,
LIZ Generes, u: Fernandez
Chas. LATTE. e16 rs 1y
r1,HE NEW ORLEANS INSURANCE COMPANY
OF NEW ORLEANS, La,
Corner of Camp and Canal Streets
ESTABLISHED IN 1908.
Income for year 1s4...-. .....-......s5o4, o3s 70
Assets December 81 .s75s $50 6
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.
]. TUYES, President.
DIRECTIONS:
u
Placde Forstall, Ad Schneider,
II. Galy, Jules Tuyes
Charles Laftte w: A. Bel,
W. Van Benthuysen, D. FatjO
Emile Bouny, D. D. Rogers fea 1y
TTNHE FIREMENs INSURANCE COMPANY
OF NEW ORLEANS,
Omce, corner Camp and Gravier streets.
INSURANCE AGAINST FIRE ONLY.
This Company is ready to take risks against loss
or damage by fire.
IN MARKS, PRUDHoMME,
President Vice President
r q BENNERS, JAS BOYCE,
BOARD OF DIRECTORS.
Jacob Alexander Jno Fitzpatrick N Marks
G Sporl A Wiltz Leon BertOli
G Taylor Gauche Wash Marks VIM Swan
L Cain Chas Hemard TPrudhomme
Otto Thoman + Dudenhefer A II Isaacsoa
B M Pond Geo Waters B Wormann
mh7 Pm
NEV- ORLEANS INSURANCE COMPANY
Corner Canal and Camp streets.
FIFTEENTH ANNUAL STATEMENT.
ish the following statement:
PREMIUMS Home and Agenoie.) DURING THE
YEAR ENDING DEC. 81, 1874.
IN fire risks..... .............$4s5,12 100 SO
IN Marine risks. 1882 IS
IN river and inland. ......-.... 94,394 SO
Less reserved for unterminated
risks December 81, 1s74.-.. 166,601 So
Return premiums ............. 49, 222 90
s46s, s7s IS
Add interest. 35365 Il
. s5o4,oss 70
Deduct reinsurances. .......... As, 1913 80
g Fire losses -. $161, IA SO
Marine losses. 81, 432 43
River ard in
E land losses. 51,427 As
- 270 004 n
u General expenses. 55,259 %
Taxes. .......... 1943c 90
3 Commissions. $3.50 80
+: lRebate...... ...-......... II, 494 80
- a7e,ss5 os
Net profits. t27, 2o3 II
The company has the following ass ts:
Cash. Observation-Disclosures. $65,050 80
Premiums in course Of ccllec-
Observation-Disclosures. 92,133n
Pledges and mortgage mites. 211, s59 "a
Bills Receivable fer premiums 124s1 o.
Bonds, city and ether. 139, 616 SIS
Stocks gas and other. H,409 so
Agencies premiums in course Il
of transmission ............ s,7s7 q
Due by insurance cohpar' ss.. 1880 81
Real estate corner CAM and