The New Orleans bulletin. [volume] (New Orleans [La.]) 1874-1876, 1875-04-13
INSURANCE.

INSURANCE..
Sun MUTUAL INSURANCE
COMPANY.
Paid up Capital 100000.
NINETEENTH ANNUAL STATEMENT, FOR
THE YEAR 1874.
Amount premiums for the
wear. S3so, o3l ~
Less unterminated risks and
returned premiums...... 104.5i7 Is
Net earned premiums eS9sOl4 u
Discount ana interest. 4%,''o2 'S
ess4, 1916 Al
Losses paid, re insnrances, and
unadjusted losses. .$l56, e19 70
General expenses, taxes and
rent. .................. JS,0o VI
Reserve fund $4,000 and
dividend on stock per
$685. A&255, SIS 30
Net profit ..- e7s, 1851 IT
Assets of the company, estimated At their CASH
MARKET VALUES:
Bonds, stocks, loans and bills
receivable. .....-..... $4O9, $40 %
Cash hand and premiums
in course Of collection. 100 IT'S II
Total assets $685. 645 II
The Board of Directors, at . 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. L DAY, President
HORACE CARPENTER, Secretary.
DIRECTORS FOR 49,.
Jno Gaines Richard hard Flower " L. Harris sah.d+
Hy i n nsssw Sw we Taylor u W. A E. Schmidt
Hugh Wilson, J.C. Morris, Isaac I Haas,
Il. BiscOe. James Day, Scott McGehee,
a; Baldwin, Lionel G , Levy, Geo , Jonas.
w. E. Seymour, James ByInes, L. L. Airey
This old and reliable Company is issuing Policies
on Fire. River and Marine Risks on the most favor
able terms All losses adjusted and settled upon the
most liberal terms and promptly paid at their Office,
81 Camp street, corner Of Commercial Alley.
milo
TIME 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, TPRUDHoAnfE,
President Vice President
RI BENNERS JAS BOYCE.
BOARD OF DIRECTORS.
Jacob Alexander Jno Fitzpatrick Marks
SpST1a cauche Wash MARK. E% s sss'oh
L B Cain Chas Hemard rPrudhomme
Otto Thoman F Dudenhefer II Isaacson
B NJ Pond Geo Waters 3 Wormann
mh7 I'm
Tue NEW ORLEANS INSURANCE COMPANY
OF NEW ORLEANS, La,
Corner of Camp and Canal Streets,
ESTABLISHED IN 1905.
Income for year 1874. 033 70
Assets December 81, 1874. $50 IS
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
DIRECTORS:
W. B. Schmidt A. Nj Bickham,
Placide FOrstall, Ad Schneider,
a. Gally, Jules Iuyes,
Charles LATTE w A Bell,
w. Van Benthuysen D. Fatio
Emile BOuny, u. ID. Rogers. FEB "
NEW ORLEANS INSURANCE COMPANY
Corner Canal and Camp streets.
FIFTEENTH ANNUAL STATEMENT.
In conformity with their charter the company pub
lish the following statement:
PREMIUMS Home and Agencies) DURING THE
YEAR ENDING DEC. 81, 1874.
On fire risks.... $685. 100 SO
On Marine risks Standardization. 1882 Is
On river and inland -.......... 1884 68
Less reserved for unterminated
risks December 81, 1sz.... 16E, COL So
Return premiums. ............. 33,222 90
e46s67, IS
Add interest. OBSERVATION-DISCLOSURES. IS 1865 IA
s5o4oss 70
Deduct reinsurances- .......... $45, 103 80
2 Fire losses. s161, IA g
q Marine losses. 81, 1872 43
River and in
land losses... 81, 47 As
Z7O,UO4 II
General expenses S. $50 %
Taxes ...... 1880 90
8. Commissions $3.50 80
Rebate. ... u,494 80
47s, 1856 os
Net profits. ..........4 W. 203 II
The company has the following ass t.:
Cash $65,O0O "
Premiums in course Of collec-
lection 92133 n
Pledges end mortgage notes. q /, s59 81
Bills Receivable for premiums IL, 4s1 "a
Bonds, city and ether. ....--.. 1866 IS
Stocks gas and other H.4O9 50
Agencies premiums in course
of transmission - 9,7s7 q