The New Orleans bulletin. [volume] (New Orleans [La.]) 1874-1876, 1875-01-26
INSURANCE.

~"OAAoAe~A OAAACC, ~. AOtllS, MO-
President. ..........H. w. HOUGH.
Secretary. .........J. X. PIERCE.
Actuary. EDWIN w. BRYANT
Assets January l, 1874. So, lis, 237..
Rates as low and equitable a. those Of any
other Company.
The ADVANCE DIVIDEND PLAN simplihes
the Policy Contract by giving an increased in.
surance of twenty five per cent. during the first
five years, in lieu Of all other modes Of applying
surplus for that time.
Under it's system Of CONTINUED FULL
INSURANCE, Policy remains in force after the
discontinuance Of the payment Of premium, for
as long as its value will carry it; with the right
Of revival at any time during the first nix
months.
Its plan Of TERM INSURANCE., with low
rates, meets the needs Of business men better
| than any other form Of insurance.
Its system of DEPARTMENT ORGANIZA.
ness, does not drain these sections of capital but
invests the net premiums among the people who
pay them.
1t localizes itself as HOME INTEREST,",
wherever established, not only by home invest
ment of premium receipts, as stated, but by the
| advisory direction and superintendent Of the
Department Board Of Directors, selected from
the best men.of their community, by the policy.
hill 41,o1 c&An
an honorable and liberal dealing in their trans.
&C tons with the Company, and Of permanent
local Office for the payment of premiums, etc.
These advantageous features, offered only by
this Company, are guaranteed in its Charter.
LOUISIANA DEPARTMENT.
Once No. $50 Gravier Street, New Orleans
President, GEN. J. B. HOOD.
First Vice President L. F. GENEREs.
Second Vice President, H. V. OGDEN.
Attorney, R. L. GIBSON.
Secretary, SAMUEL FLOWER.
DIRECTORS.
NJ. Mussen, VS.. Pike,
R. NJ. Walmsley, John Chafe,
Thomas n. Hunt, R. Pritchard,
Joseph Bowling, Julius Vairan,
Henry V. Ogden John Williams
Isaac A. Scherck, Jules A. Blanc.
General Agent, Gen. B. B. SHINES,
Good Agents Wanted. n8 sm
T'EUToNA INSURANCE COMPANY
OF NEW ORLEANS.
Insure Fire, River and Marine Risks at the Lowest
OFFICE-35 Camp street, New Orleans.
A. Elmer BADER. President
CHI. ENGSTFELD, Vice President.
GEO. sTROMEYER. Secretary.
BOARD OF TRUSTEES:
Henry Abraham, A. Elmer Bador, Ma Baumgarden
3. T. Del Bondio Chs Engstfeld, M. Frank,
3. r Gogreve Hy; Halter s; Katz.
+. Roder, Louis Schneider, W. B. Schmidt
Louis Schwartz, <. wsis s j. r. Wids1nsn.
MERCHANTS MUTUAL INSURANCE COM
PANY OF NEW ORLEANS
104 Canal Street.
TWENTIETH ANNUAL sTATEMENr.
In conformity with the requirements Of their char.
ter, the Company publish the following statement.
Premiums received during the year ending May 81,
1874, including Unearned Premiums Of the previ.
On Fle Risk seassoa o.
On Marine Risks. 6O,783
On River k1sks. sss........... H. 00S
Total Premiums. ACKNOWLEDGEMENTS. e915, IN u
Less Unearned Premiums. 1861 90
Net Earned Premiums 31st May, 1s73.-.. t192a1 ~
Losses paid
On Fire Risks. ...-...-........&36361 s 6e
IN MAfln6 tlSAs. ............. 633O3 q
On River Risks. ............. 59625 q
Taxes and Expenses less In.
Reinsurance Return Premium
and Profits and Loss. 00,346
Reserved for Unadjusted Losses IS, 900 o.
- D IS %
Profit. .les rs j.
Real Estate. 49, ~ s9444 "a
Banks and Railroad Stocks. I.iss "a "a
Notes secured by mortgage. 36477e 81
Notes secured BY pledge. 12oss5 20
Premium in course Of collection ........ 1oS9sS a
state Bonds. .::..........-............-. 1900 O.
Stock of Levee Steam Cotton Press X78S 40
Stock Of Marine Dry Dock and Ship Yard
Company. .-...-............ 1000 60
Mortgage Bonds Turner'S Association 80 0c00 oI
Mortgage Bonds Odd Fellows Hall . 5000 M
Oaso ON 1887 z5
t1,363704 70
The shove statement Ii q tust and oorraot TRAM
script from the books Of the Company
g. W. Norr, Secretary.
STATE OF LOUISIANA
Parish Of Orleans, city of New Orleans
Sworn to and subscribed before me the 9Th dsy Of
Cune, 1874 r. CHS. CUYELER
Notary Public 40 Gravier street
The usual ten per cent. interest 10 payable 10 the
stockholders ON demand.