The New Orleans bulletin. [volume] (New Orleans [La.]) 1874-1876, 1875-07-17

INSURANCE.

INSURANCE.
MUTUAL INSURANCE COM
PANY OF NEW ORLEANS.
1O4 Canal Street.
TWENTYFIRST 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
| 1873, including Unearned Premiums of the prey1
| Gus year:
On Fire Risks $3.50, 6a1 O5
On Marine Risks OBSERVATION-DISCLOSURES. 50 $50 10
On River Risks. ACKNOWLEDGEMENTS. So 9o3 o.
Total Premiums .-....... s67s 100 %
| Less Unearned Premiums. -...... l21 400 90
Net Earned Premiums 3lst May, 1s75... $556,692 %
| Losses paid
On Fire Risks; ----.-----.--- .s257. 344 Al
| On Marine Risks. 47.762 A
| On River Risks .--------.--- 2,344 05
! 1897, 40 90
| Taxes ---------...---------. 5000 SO
| Reinsurance and Return Pre-
miums- Observation-Disclosures 26,849 p
| Expenses and fifteen Per cent
rebate less interest ...-.. 81 $3.50 OF
asa, a6o 67
Profit sl0a 431 SO
Real Estate $685. s14 43
City Bonds 216 ITO 90
| Bank Railroad and other Stocks 1851 80
Notes secured by mortgage and pledge 1877 279 50
Bills receivable ACKNOWLEDGEMENTS e39l7 %
Premium in course Of collection "a, 404 10
State Bonds Observation-Disclosures. $50 90
Insurance Stock ACKNOWLEDGEMENTS. 10 1874 46
Stock of Vallette Dry Dock Company TO- 400 90
Mortgage Bonds, Turner's Association 1900 90
Mortgage Bonds Dad Fellows Hall. -. 5000 90
Cash on hand NEUTRALITY-SUSPICIOUS.. los 5o7 %
81. 223, s99 Sc
The above statement is lust, 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 me the 18th day of
june 1875. JAMES FAIRY n +
At meeting of the Board of Directors held on the
4th day of June, 1875 it resolved to paw to the
Stockholders demand interest at the rate of 10
per cent per annum on their stock.
r Maspero, Ed. Toby
ID. FaUo, p. Fourchy,
S. z. Relf M W. smith.
D. A. Chaffraix, j. M Allen.
Chas Laftte. j.16 rs 1y
TNHE NEW ORLEANS INSURANCE COMPANY
OF NEW ORLEANS, La,
Corner of Camp and Canal Streets.
ESTABLISHED IN 1905.
Income for year 1874 1904 o3s 70
Assets December 81, 1874. .$75s, $50 SO |
The Company insures Fire, Marine and River
Risks. Issues Marine Policies payable in London in |
case of loss. Nv. HINCKS, Secretary.
AID. SCHREIBER, Vice President
]. TUYES, President.
DIRECTORS:
b. Gally Jules Tuyes.
T W. Van E Renthn,vsen " E a. Bell
Emile Bouny, D. D. Rogers. fes 1y
NEW 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 Agencies) DURING THE
YEAR ENDING DEC. 81 1874.
IN nre rlsks. .----...-.-..$485,12 100 SO
IN Marine risks SS $50 IS
IN river and inland. -.......... 1894 90
Less reserved for unterminated
risks December 81, 1s74.-.. 16e, SOL 50
seturn premiums. ........--..- 1922 90
- 1879 sA
s46e, So IS
Add IS 1856 II
$50, oss 70
)eduet rensurances. .......... 1851 90
2 Fire losses .$161, IA 80 IL
8 Marine losses. 57,432 43
River and in.
Z land losses... 81, 427 As
- 27o 004 II
70 General expenses. s., $50 %
Z Taxes ----- .......... 1880 90 l
3 COMMISSIONS $3.50 SO =
: Rebate. ............ II, 494 80
Net profits. sa7,aos n
he company has the following ass. ts,
Cash. $65,050 50
Premiums in course Of ccllec- .
lect0n- 80, 1873 n
Pledges and mortgage notes. 211 $50 "a n
Bills Receivable for premiums H. 4s1 o.
Bonds, city and ether .-...-.. 1866 IS n
Stocks, gas and other. IA so
Agencies premiums in course
OF transmission .......-.-.. 9787 81
Due by insurance companies. 1880 81
Real estate, corner Camp and IL
canal ACKNOWLEDGEMENTS. 1862 n az
Other real estate 70,532 "a ca
Branch Office Third District di
premium in collection. 1675 10 ca
Suspense account. 3,07o Is tn
LIABILITIES. VA
Capital stock. $500, 900 90
Reserved for unterminated
risks Dec. 81 1s74.--.... 1866 COL So
Interest and dividends uncol- N
I..oa E.
lecJed 6,737 Is n
Claims against the company. 1928 70 Hi
- $677, 632 Il B..
A.
suy | NJ