The New Orleans bulletin. [volume] (New Orleans [La.]) 1874-1876, 1876-01-07
INSURANCE..
MERCHANTS MUTUAL INSURANCE COM
PANY OF NEW ORLEANS,
1O4 Canal Street.

| 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
GUS year:
On Fire Risks. s569,621 o.
| On Marine Risks. OBSERVATION-DISCLOSURES. 52.3o6 10
On River Risks. Observation-Disclosures. 1898 o.
Total Premiums ACKNOWLEDGEMENTS. S67s 100 %
Less UneaTned Premiums. ............ 121 I6S on
Net Earned Premiums 3lst May, 1s75.... S556 692 -
Losses paid
On Fire Risks -S2573 i4 Al
| On Marine Risks 47.7o2 A
| On River Risks 32,344 10
1897 40 80
Reinsurance and Return Pre-
miums- ---;-;.-.----------. $3.50 y
Expenses and fifteen Per cent
- 454,a6O 81
Profit s1oa, 43l 81
The Company have the following assets:
Real Estate s2s2, s14 43
City Bonds. 2l6.ll0 90
Bank, Railroad and other stocks 3D. 1, so
Notes secured by mortgage and pledge 321, ~ 80
Bills receivable .-.-.--.--.-..... c3, II w
Premium in cOuEse of collection. 4,i04 70
State Bonds. ACKNOWLEDGEMENTS. $50 90
Insurance Stock. Observation-Disclosures. 1924 Al
Stock OF Vaette Dry Dock Company le 400 90
Mortgage Bonds, Turner'S Association. 1900 90
Mortgage Bonds Odd Fellows Hall So. 5000 0U
Cash on hand 1854 90
1929, 500 50
The above statement is a lust true and correct
transcript from the books of the Company.
p FOUkCHY, President
G. w. MOTT. Secretary.
7
Parish OF Orleans city of New Orleans.
Sworn to and subscribed before me the 18th day Of
june 1875. JAMES FAHEY n T.
At meeting of the Board of Directors held on tn.
14th day of June, 1875 it resolved pay to the
Stockholders, demand, interest the rate of 10
per cent per annum Oh their stock.
DIRECTORS:
D. Fato, p. Fourchy,
S. T. Ref NJ. W smith.
L. F. Generes, j. j. Fernandez
D. A. Chatraix, J. NJ. Allen,
Chas. Lah1te. ie16 rs 1y
Y1,HE NEW ORLEANS INSURANCE COMPANY
OF NEW ORLEANS, La,
Corner of Camp and Canal Streets,
ESTABLISHED IN 1908.
Assets December 81, $75s, $50 IL
The Company insuros 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.
DIRECTIONS:
y. b: Schmidt A. N. BickhAm
Placide FOrstau, Ad Schneider
81. Galyi - Jules Tuyes,
Charles LATTE, W. A. Bell,
w. Van Benthuysen D. Fatjo
Emile Bouny d. d. Rogers fe3 1y |
NEV 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 Age1cies) DURING THE |
YEAR ENDING DEC. 81, 1874.
On IRE risks. ..-..-..-.--..$465,l 100
On Marine rsks..-.-...... eo,9o2 IS
On river and inland.----..--..- s4,394 6s
Less reserved for unterminated
risks December 81, 1s74.... 166, sol 50
- 1884
s46s,67s IS
Add interest. 1886 Il
s5o4,oss 70
Deduct reinsurances. ..---.... IS, le3 so
Fire losses. .sl6l IA 50
S Marine losses 57,432 43
River ard in
land lOssee :. 81 427 IS
x - 27o,oo4 n
= General expenses. S. $50 %
8 JaXeS- .-....... ~, 4& 90
Z Commissions. ....... 35 $50 80
Rebate. ............. 1894 80
- l76,s s5 os
Ne, profits ..........--.--...s z7,9os n
The company has the following ass ts:
Cash.-.........-...... .... S65O50 s.
Premiums in course CT cclleo-
lection. 81 1873 n
Pledges and mortgage N ,tes.. 211 $50 "a
Bills Receivable fer premiums T. AL o.
Bonds, city and ether. ........ 139 6l6 IS
Stocks gas and other. n, 400 50
Agencies premiums in course
of transmission ......... s,7s7 p
Due by insurance conpar ss.. 1890 81
Real estate, corner CAM and
Canal. .--...-...."....-.... 70,662 IT
Other real estate. ......--.... 70,532 g.
Branch office Third District,
premium ii collection. 1878 10
Suspense ACCOMPLISHMENTS. 3,070 Is
LIABILITIES.
Capital stock. $500, 900 90
Reserved for unterminated
risks Dec. 81, 1s74.......... 1860 50
Interest and dividends uncol-
lected NEUTRALITY-SUSPICIOUS.. 6,737 Is /,
Claims against the company. 1898 %
e677, e32 Il
Surplus more than sufficient
to cover depreciation .. $50 92s q |
The above statement is true and correct tran. |
cript from the books of the company.
j. TUYES President.
J. W. HINCKS, Secretary. q
Sworn to and subscribed before on this 18th day
January, 1875. 1
JOHN LIE MONNIER, 6