The New Orleans bulletin. [volume] (New Orleans [La.]) 1874-1876, 1875-09-23

i
| MERCHANTS. MUTUAL INSURANCE COM
| PANY OF NEW ORLEANS,
104 Canal Street.
TWENTY 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 Of the previ
On Fire Risks. Observation-Disclosures. 1869 621 o5
On Marine Risks. ACKNOWLEDGEMENTS. 1855 10
On River Risks. Observation-Disclosures. 55,9s3 05
Total Premiums. ........ s67s, 100 %
Less Unearned Premiums. ............ 121, 46s 90
Net Earned Premiums slst May, 1s75.... 1856 6s2 %
Losses paid
On Fire Risks. ,344 Al
On Marine Risks. 47.782 a
On River RISKS .......-....-. 1884 05
1881, 40 90
Iaxes .....-.--. 3oO09 W
Reinsurance and Return Pre-
miums- --..::.---.---.----. $3.50 y
Expenses and fifteen per cent
rebate less interest. "a $50 OF
454 $50 81
Profit ........ slo2 431 So
Real Estate Observation-Disclosures. sesa, s14 43
City Bonds ACKNOWLEDGEMENTS. 216 ITO 90
Bank, Railroad and other Stocks 80. 73't1l 50
Notes secured by mortgage and pledge. 327 279 g
Bills receivable Observation-Disclosures. s3,917 90
Premiums in course of collection ... 94,4o4 70
State Bonds . $50 90
Insurance Stock ACKNOWLEDGEMENTS. 1924 46
Stock of vallette Dry Dock Company 10, 400 90
Mortgage Bonds Turner'S Association. 1900 90
Mortgage Bonds Odd Fellows Hail.. 5000 90
Cash on hand 0s,5s7 20
1923, ss9 Sc
E=====
The above statement is q Just, true and correct
transcript from the books Of the Company
STATE OF LOUISIANA, !
Parish of Orleans city of New Orleans.
june, 1875 JAMES FAHEY, N. +.
At meeting of the Board of Directors held on the
18th day of June, 1875 it resolved to pay to 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. q. Relf M W. Smith.
L.F. Generes ID Fernandez,
d. A. ChaffraiX, J. M. Allen,
Chas LATTE. je1s 1y
TlHE NEW ORLEANS INSURANCE COMPANY
OF NEW ORLEANS, La,
Corner of Camp and Canal Streets
ESTABLISHED IN 1905.
Income for year 1s74..... ............e5040 3s 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
nTRFcroRa.
We. Schmidt A. N. HckhAm,
Placide FOrstall, Ad Schreiber
81. Gally, Jules Tuyes,
". Van Benthuysen, D. Fatjo,
Emile BOuny, D. d. Rogers. fe3 1y
rTHE F1REMENs INSURANCE COMPANY
OF NEW ORLEANS
Once, corner Camp and Gravier streets.
INSURANCE AGAINST FIRE ONLY.
This Company is ready to take risks against loss
N MARKS PRUDHOMME,
President Vice President
R H BENNERS, JAS BOYCE,
BOARD OF DIRECTORS ~
Jacob Alexander JnO Fitzpatrick Marks
8 sporl Il Witt Leon Berton
) Taylor Gauche Wash Marks VIM Swan
L b Cain Chas Hemard TPrudhomme
DITTO ThOman Dudenhefer 81 IsaacsOR
B NJ Pond Geo Waters WOrmann
mh7 Pm
NEv- ORLEANS INSURANCE COMPANY
Corner Canal and Camp streets.
FIFTEENTH ANNUAL STATEMENT.
IN conformity with their charter, the company pub
ish the following statement:
PREMIUMS Home and AgencieA) DURING THE
YEAR ENDING DEC. 81, 1874.
IN fire risks...... .$465, 100 SO
IN Marine risks. 1882 Is
IN river and inland.........-.. s4,394 60
Less reserved for unterminated
risks December 81, 1s74..-. 166,601 So
Return premiums. ............. 1922 90
s46ss7s IS
s5o4o3s ~
Deduct reinsurances. .......... As, 1913 90
q Fire losses &161, IA SO
Marine losses. 57,432 43
. River ard in
land losses 81, 427 IS
e - 27o,oo4 n
y General expenses. .... S. $50 %
Taxes. .......-.. 19,43G 90
e Commissions. 35 $50 80
Rebate. ............... 1894 80
- ZIG, 1876 os
Net profits. ACKNOWLEDGEMENTS. ~ 2O3 n
The company has the following ass is,
Cash $65,050 "
Premiums in course Of cellec-
lection. 90, 1873 n
Pledges and mortgage mites. 211, e59 "a
Bills Receivable for premiums 12,4a1 o.
Bonds city and ether 1866 IS