The New Orleans bulletin. [volume] (New Orleans [La.]) 1874-1876, 1876-01-05

| MERCHANTS 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
year:
On Fire Risks. 1863 621 o.
On Marine RISKS -----.----- 52ao6 IL
On River Risks. ACKNOWLEDGEMENTS. 559s3 o.
Total Premiums. OBSERVATION-DISCLOSURES. s67s 100 %
Less Unearned Premiums. 12l dos 0O
Net Earned Premiums 3lst May 1s75... $3.50, 6s2 %
Losses paid
On Fire Risks; ,3i4 Il
On Marine Risks 47.7s2 "A
On River Risks -..-....-..... 32,344 10
1881, 40 30
Taxes .-...-.-.-...-.-...--. $4,000 80
Reinsurance and Return Pre-
miums ---..:----.---------. 26,ei9 p
Expenses and fifteen per cent
rebate less interest. 54,930 OF
- 454, 1850 e.
Profit Observation-Disclosures. Sl02, 431 81
The Company have the following assets
Real Estate .--......... s2s2, s14 -
City Bonds ACKNOWLEDGEMENTS. 2l6, 10 90
Bank, Railroad and other stocks 49, Ii 50
Notes secured by mortgage and pledge. 1927, ~ g,
Bills receivable ----.-----...-... %, Il %
Premium IN cOuSse of collection ........ 94,i0i -
State Bonds. ESQ 90
insurance STOCK Observation-Disclosures. 19, 12i At
Stock OF Vallette Dry Dock COMPANY l6. 400 90
Mort gage Bonds, Turner's Association 9 900 90
Mortgage Bonds Odd Fellows Hall $3.50 5000 90
Casn on hand 10e, 5e7 %
slaa3, 500 SO
The above statement is Just true and correct
transcript from the books of the Company.
p. FOUKCHY President.
G. W. MOTT, Secretary.
STATE OF LOUISIANA.
Parish OF Orleans, city OF New Orleans {
Sworn to and subscribed before me the 18th day of
June 1915. JAMES FAHEY n =
At meeting of the Board of Directors held on the
l4th day OF june 1875, it resolved to pay to the
Stockholders, demand interest at tee rate of 10
per cent per annum on their stock.
DIRECTORS:
P. Maspero Ed Toby.
d. FatO, p Fourchv
S. T. Ref NJ w Smith
l.. +. Generes, j. j. Fernandez
u. a. Chatraix, j. Nj. Allen,
Chas. Laitte. e1e rs 1y
T1HE NEW ORLEANS INSURANCE COMPANY
OF NEW ORLEANS, La,
Corner of Camp and Canal StreetA
ESTABLISHED IN 1903.
Income for year 1874. e5o4 o3a 10
Assets December 81 .$75s, $50 60
The Company tnsuros Fire, Marine and River
Risks Issues Marine Policies, payable in London in
case of loss. j. W. HINCKS Secretary.
AID. sCHREIBER. Wise President.
j. TUYES, President.
DIRECTORS:
". B. Schmidt, A. NJ. Bickham
P|seide Forstail, Ad Schneider,
Ideally, Jules Tuyes,
W. Van Benthuysen, D. Fatjo,
Emile B0uny, 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 Agencies) DURING THE
YEAR ENDING DEC. 81, 1874.
On nre risks. ............. t4S5, l20
on Marine risks 1882 IS
On river and inland. ........... 94,394 SO
Less reserved fer unterminated
risks December 81, ls4-.-. 1856 So
Return premums.--......-.... 33,2s2 90
s4os,s73 s.
Add interest 5,365 IA
4,oas 70
Deduct reinsurarces. 345, 1o3 30
e Fire losses 1851 IA So
Marine losses. 57,432 43
River ard in.
Z land lossee 81, 427 IS
27O,0o4 n
? General expenses. $3.50 %
g Taxes. ............ 19,4A 90
z Commissions. ............ $3.50 80
Rebate 1894 80
l76,s 35 os
Ne, profits. t27,ao3 II
The company has the following ass is:
Cash. $65,OoO "
Premiums in course Of cclleo.
lection. w, l33 IT
Pledges and mortgage R'tes-. gil, $50 "a
Bills Receivable for premiums 12,4s1 o.
Bonds city and ether 1866 IS
Stocks, gas and ether. H,409 50
Agencies prem. ums in course
of transmission 9,7S7 q
Due by insurance compar' ss-. 1880 81
Real estate, corner CAM and
Canal . 7o,662 II
Other real estate ...--.-..... 1882 81
Branch office Third District,
premium Ii cOllecton..-.-. l,675 10
Suspense account 3,O70 Is
t75s $50 s.
LIABILITIES.
Capital stock $500 900 90
Reserved for unterminated
risks Dec. 81, 1874. COL So
Interest and DIVIDENDS uncol-
lected ACKNOWLEDGEMENTS. 673715
Claims against the company. 293 70
-&677, fs2 Al
Surplus more than sufficient
to cover depreciation. GEO, 92s q
The above statement is atrue and correct tran.
,cript from the books of the company.