The New Orleans bulletin. [volume] (New Orleans [La.]) 1874-1876, 1875-12-09


IMERcHASTs' MUTUAL INSURANCE COM
PANY OF NEW ORLEANS
1O4 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. 1858, 6a1 o.
| On Marine Rlsks--- 2,ooo Il
| On River Risks ..... 1898 O.
Total Premiums .. s678. 100 .:
| Less UneaIned Premiums 121, 46S OF
Net Earned Premiums slst May, 1s75... s556,6s2 2;
Losses paid
| On Fire Risks. .$257, 344 Al
| On Marine Risks 47,7S2 "A
On River Risks .-..........-. 32,544 10
1887 40 80
Taxes ...-.-.......-....-.... *, 0O9 9o
Reinsurance and Return Pre-
miums Observation-Disclosures a6s49 Y
Expenses and fifteen per cent
rebate less interest. 5,930 OF
- 454, 26o 81
Profit ....... s1o2 431 ST
The Company have the following assets:
Real Estate $3.50, s14 43
City Bonds Observation-Disclosures. 2l6,l10 90
BANK RAILROAD ana 0Jner SuOckS- IL eU
Notes secured by mortgage and pledge 327,479 s.
Bills receivable Observation-Disclosures S3,n17 90
Premium in course of collection. "a, 40i -
State Bonds. OBSERVATION-DISCLOSURES. $50 90
Insurance Stock NEUTRALITY-SUSPICIOUS. 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 16s 5s7 %
q, 223, 1893 So
The above statement Ia q inst true and correct
~ = ~ P. FoURCHY, President.
STATE OF LOUISIANA, /
Parish of Orleans, city of New Orleans
Sworn and subscribed before me the 18th day
At meeting of the Board of Directors held on the
14th day of june 1875 it resolved to pay to the
Stockh olders, demand interest at the rate Of 10
per cent per annum on their stock.
P. Maspero Ed: Toby
ID. Fatj0, p. Fourchy,
L. f. Generes, il. Fernandez,
D. A. Chatfraix, J. M. Allen,
Chas LATTE. jel6 rs 1y
TlHE NEW ORLEANS INSURANCE COMPANY
OF NEW ORLEANS, La,
Corner of Camp and Canal StreetA
ESTABLISHED IN 1905.
Income for year 1s74......--. .$5o4 o3s 70
Assets December g. $75s $50 81
The Company insures Fire. Marine and River
Risks. Issues Marine Policies. payable in London In
case Of loss. JW. HENCKS. Secretary.
AID. sCHREIBER, Vice President
J. TUYES, President.
DREcToRs:
W. B. Schmidt, A. M BokAam
Placide Forstau Al Schneider,
II. Gally Jules Tuyes,
Charles LATTE, w. A. Bell,
". Van Benthuyssn, q Fatlo.
Emile BOuny, d. ID. Rogers. fe3 1y
rI,BE FIREMENS INSURANCE COMPANY
OF NEW ORLEANS.
Once, oorner Camp and Gravier streets.
INSURANCE AGAINST FIRE ONLY.
This Company is ready to take risks against loss
or damage by fire, River and Marine.
IN MARKS, PRUDHoMME,
President Vice President
R BENNERS, JAS BOYCE,
'e0l BOARD OF DIRECTORS. Inspector
Jacob Alexander Jno Fitzpatrick N Marks
S faSE eauohe Wash War Mark. T% s ssse
L b Cain Chas Hemard CPrudhomme
Otto Thoman II. H. Bierhorst Isaacsoa
B NJ Pond Geo Waters wormann
mh7 I'm
NEV ORLEANS INSURANCE COMPANY
Corner Canal and Camp streets.
FTTEENTH ANNUAL STATEMENT.
IN conformity with their charter, the company pub
lish the following statement:
PREMIUMS Home and AgenoieI) DURING THE
YEAR ENDING DEC. 81, 1874.
I'm IRE risks. ............ .$465, 100
On Marine risks. 1882 IS
On river and inland. ........ 94,394 SO
Less reserved for unterminsted
risks December 81, 1s74---. 168,6ol So
Return premiums. ~ 90
1893 o24
s46ss73 IS
Add interest. 35 1856 Il
t5o4, oss 70
Deduct reinsurance. .--....... A5,103 80
p Fire losses. .$161, ia 50
Marine losses. 81, 432 43
River and in
land loss.s 51,4s7 IS
go, 004 II
General expenses. $3.50 %
8 Taxes. ........... 19,43c 90
z Commissions. ..... $3.50 80
: Rebate. ... II, 494 80
- 47s,ss5 os
Net profits. ~ 203 n
The company has the following ass tss
Cash. t6os0oO "
Premiums in course Of cellec-
lection. 92133 r.
Pledges and mortgage mites. 211, e59 "a
Bills Receivable for premiums IL, 451 o.
Bonds, city and ether 1856 IS
Stocks gas and other .. HL409 50