The New Orleans bulletin. [volume] (New Orleans [La.]) 1874-1876, 1875-05-28
INSURANCE.

INSURANCE.
lSUN MUTUALINSURANCE
COMPANY.
Paid up Capital $500, 900.
NINETEENTH ANNUAL STATEMENT, FOE
THE YEAR 1874.
| Amount premiums for the
year. 1896, 53 30
Loss unterminated risks and
returned premiums...... 10l,517 IS
Net earned premiums. t092 Oh /!
Discount and interest. 1862 81
tas4,s76 a
Losses paid, reinsurances, and
unadjusted losses. -s156, e19 10
General expenses, taxes and
rent. ................... ~, O6S VI
Reserve fund $4,000 and
dividend Atock 10 per
cent. $685. 81 ,515 30
Net profit. ................$ 7s,ss1 II
Assets of the company, estimated at their CASH
MARKET VALUES:
Bonds, stocks, loans and bills
receivable. ...............$4O9o7U 70
Cash On hand and premiums
in course of collection. 129,7 IT'S II
Total assets. ....... $3.50, 645 n
The Board of Directors, at q meeting held on
tie twentieth day of January, 1875, after setting
aside $4,000 to the reserve fund from the net
earnings of the year, and paying TEN PER CENT
dividend to the stockholders have resolved to pay
cash dividend of TWENTY-FIVE PER CENT on
the net earned participating premiums for the year
ending December 81, 1875
JAS. DAY President
HORACE CARPENTER Secretary.
DIRECTORS FOR 1876:
yn9 g; Gaines, Richard hard Flower ! L. Harris,
F. Rf aa5 + W Ws T.vlor A 3: Schmidt
Hugh Wilson, Jc MOTHS, Isaac a [ Haas,
B. BiscOe. James L. Day. Scott McGehee,
A. Baldwin, Lionel c. Levy. Geo Jonas.
Chas. Macready, Emory Clapp D. Fato,
w. E. Seymour, James ByInes, T. L. Airey.
This old and reliable Company is issuing Policies
on Fire. River and Marine Risks on the most favor
most liberal terms, and promptly paid at their Office,
81 Camp street, corner Of Commercial Alley.
milo
THE NEW ORLEANS INSURANCE COMPANY
OF NEW ORLEANS La,
Corner of Camp and Canal Streets,
ESTABLISHED IN 1885,
Income for year 1874 .e5o4 OBS 70
Assets December 81, 1s74.............$75s,560 60
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
W. B. Schmidt A. M Bickham,
Placide Forstall, Ad Schneider,
II. Gay, Jules Tuyes
Emile Bouny, D. D. Rogers. fe3 ~
TNHE FIREMENs INSURANCE COMPANY
OF NEW ORLEANS,
Once, 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 HBENNERS, JAS BOYCE
Secretary soaSD OF DIRECTORS. Inspector
Jacob Alexander yno Fitzpatrick N Marks
Sp05 Gaucbe WASH WAT Ma4k. 1s % S Sssto
Otto Thoman FDudenhefer 4 Il Isaacson
M Pond Geo Waters BWormann
mh7 Pm
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.
0n fire risks. ...-.-.........$4s5,12 100 So
IN Marine risks. 1882 IS
IN river and inland-..-........ 94,3s4 SO
Less reserved for unterminated
risks December 81, 1s74.... 166, COL 50
Return premiums. ......... 1929 90
s4es,s7s IS
Add interest. S. 1856 n
s5o4, oss -
Deduct reinsurances. .-........ $45, 1903 80
q Fire losses. 1851 IA SO
8 Marine losses 57,432 40
River and in.
land losses. s., 427 As
- E7U,OU4 II
q General expenses S. $50 %
3 Taxes ---.---.. ......--.. 1880 90
) Commissions. ..-.-....... $3.50 80
lRebate...... H. 94 80
- l76, ss5 os
Net profits -....................... t27,2 03 n
The company has the following ass. t.:
Cash. ACKNOWLEDGEMENTS. $65,O50 50
Premiums in course Of colleo-
lection 92,133 n
Pledges and mortgage notes.. oil ,s59 "a
Bills Receivable for premiums 12,4s1 o4
Bonds, city and ether. 139.6l6 IS
Stocks gas and other.. 74.4O9 50
Agencies premiums in course
of transmission ...... 97e7 q