The New Orleans bulletin. [volume] (New Orleans [La.]) 1874-1876, 1876-02-23
INSURANCE..
VyHE NEW ORLEANS INSURANCE COM
PANY.
Corner of Canal and Camp streets.
SIXTEENTH ANNUAL STATEMENT.

| In conformity with the requirements OF thell
charter the NEW ORLEANS INSURANCE COM
PANY publish the following statement of theil
affairs for the year ending December 81. 1875:
Fire premiums $4oo,J2o W
Marine o. S3y 90
Less
| For unit minated risks Decem-
Der 81, 1875. ID, 56o IA
Return premiums ----.----..--. 34,972 %
Net earned premiums. $40 $50 As
Interest, salvages, etc .--...---.--..-- 3o63l 10
| s45l, 4so So
Deduct
| Reinsurances. -..-.............. $26,345 50
Fire Losses ..:....--. Sl10.972 70
Marine ...........-. 1t, o24 ~
River 3O,373 q
-$15s 1873 6
Rebate .... 42463 AZ
Commissions to
agents -..--.---. N,l4o ~
General expenses Of
agencies 1873 IL
General expenses Of
home Office. $1,000 90
Contingent expenses
Board of Under
writer's etc. 12O77 "a
"'' ' -sr,71s Sc
State and city taxes 1924 80
Net profts..-.-- 12O,3l2 10
Deduct
Dividend pad in Au-
gust .......-.- $4,000 90
Dividend declared. IS 600 90
$50 900 90
Reserved for unsettled claims. 5000 OO-650o0 90
IS 3l2 %
The company have the following assets, at their
market value:
Real estate &1O4, oil IS
Pledge and mortgage notes .......... 23s, SOL 81
Stocks and bonds -.... 1854 so
b lis receivable ACKNOWLEDGEMENTS. 223s7 SO
Premiums in Of collection 73457 O9
Agency premiums in course of transmits
SION. lO,2l6 40
Due by insurance companies . 4l37 81
Suspense accoY MT ACKNOWLEDGEMENTS. 3224 80
Sundry debtors Observation-Disclosures. 1913 70
United States securities $40 bonds So 922 81
Cash ACKNOWLEDGEMENTS. SO, $50 "a
$685., 1927 90
LIABILITIES.
Reserved for unterminated risks: $l3756s IA
Dividend declared ACKNOWLEDGEMENTS. $4,000 90
Dividend uncOlected ........----.-...... 10 Oo6 %
Reserved for unsettled claims. -.-.. $4,000 90
s1s7,e54 80
The foregoing is . true and correct transcript from
the books Of the New Orleans Insurance Company.
J.TUYES, Preside
J.W. HINCKS, Secretary.
Sworn to and subscribed before me on this 18th da
Of January, 1876
JOHN LEMONNIER,
Third Justice Of the Peace,
Pari.h of Orleans, La.
At meeting of the Board of Directors. held the
18th inst, it was resolved to pay the semi-annua
interest dividend of five per cent the capital stock
to the stockholders their legal representatives on
and after the FIRST MONDAY Of FeOrqery next
wv. HINCKS, Secretary.
DIRECTORS:
Ernest Merilh, A. NJ. Bickham,
Placide Forstall, A. Schneider,
q. Gally, J. Tuyes.
Chas. LATTE, w. A. Bell,
W. Van Benthuysen, D. Fatjo,
Pierre Poutz, u. d. Rogers
ja19 2m |
MERCHANTS MUTUAL INSURANCE COM
PANY OF NEW ORLEANS,
lO4 Canal Street.
TwENrY-FIRsr ANNUAL STATEMENT.
In conformity with the requirements of their char
ter, the Company publish the following statements
Premiums received during tho year ending May 81 |
1875, Including Unealned Premiums OF the prevl-
On Fire Risks. $56s, 621 o5
on Marine ACKNOWLEDGEMENTS. 52,556 10 |
On River Risks ACKNOWLEDGEMENTS. 1888 0e |
Total Premiums. Observation-Disclosures. s67s, 16O %
Less Unealned Premiums. 121, 46s 90
Net Earned Premiums slst May, 1875. =. $5566ss %
Losses paid
On Fire Risks. .*257344 Il
On Marine Risks. 477o2 "A
On River Risks .-....-..-.... 52344 10
1881 40 90
Taxes ACKNOWLEDGEMENTS. 5000 SO
Reinsurance and Return Pre-
Expenses and fifteen por coat
rebate less interest. ..-.-... 54,g3O " |
Profit s1ca,43 ST
The Company have the following assets:
Real Estate $2o2,el4 80
CITY Bonds ACKNOWLEDGEMENTS. PIG, ITO 90
Rank Railroad and other stocks. %, Ii 90
Notes secured by mortgage and pledge. 327,%I9 %
3ills receivable OBSERVATION-DISCLOSURES. 80, II 90
Premium in couIse OF collection. ...... 94,4H 70
State Bonds ACKNOWLEDGEMENTS. $50 90
Insurance Stock ACKNOWLEDGEMENTS. 1924 46
Stock Of Vallette Dry Dock Company l6, 100 90
Mortgage Bonds Turner's Association 1000 90
MORTGAGE Bonds Odd Fellows HAIL. 5000 90
,ash On hand los, 5s7 20
81 2sS 500 s.
The above statement is Q Just, true and correct
from the books OF the Company.
p. FOUKCHY, President.
G. W. NoTT Secretary. |,
STATE OF LOUISIANA l.
Parish of Orleans city Of New Orleans. {
Sworn to and subscribed before me the 18th day of
Tune 1875 JAMES FAHEY, N. P.
At meeting of the Board Of Directors held on the
4th day of June, 1875 il resolved to pay to the
ckhOlders demand interest at the rate Of 10
,er cent per annum on their stock.
DIRECTORS:
p. Maspero, Ed. Toby
d. Eatio z. Fourchy,
S. q Relf M. W Smith,
L. F. Generes j. j. Fernandez, Is
D. A. Chaffralx j. NJ. Allen,
Chas. Laitte. je16 rs 1y |