The New Orleans bulletin. [volume] (New Orleans [La.]) 1874-1876, 1876-03-21

'1OFF1cE Of SUN MUTUAL INSURANCE
COMPANY OF NEW ORLEANS.
81 Camp Street corner of Commercial Place.
Paid mp Capital, S5e0. 00o.
TWENTIETH ANNUAL STATEMENT.
In conformity with the requirements of their Cha.
ter the Company publish the following statement for
the year ending December 3lst, 1876:
Amount premiums for the year ending December
3lst 1875
Fire 4e2e. Ca "a
River .---------.. 77.735 IS
Maine $500. 56,1e5 40
DIFFERENTIATED risks for 1874. $1,000 90
Less
DIFFERENTIATED risks for 1875 95,255 90
Return premiums 13,479 OF
j Net earned premums. observation-disclosures. 1914 234 70
Losses, ETC., paid during the same period
| Fire risks-..----- $42,560 "A
River. -.---.. 81, 40 IS
Marine .......-.. 1854 80
$so,572 SO
Reserved for M.
adjusted losses 1871 90
- .,a4,a7s 90
Add
Reinsurance $19,49 81
General expenses,
taxes Board Of
Underwriters
ETC.. 3d. 1873 80
7s,ss4n
Interest CAPT
tai stock. s49547 40
Less
Discount and in
terest......... "a 6a9 SO
ss2s.515 50
Actual net profit. OBSERVATION-DISCLOSURES. 1921, 73s 60
The company has the following assets,
estimated at their market values:
Stocks and bends. $780, 416 rs
Loans on mortgage. $3.50 81
Loans on pledge .--.........--....-... 3s17s 4s
Bills receivable ACKNOWLEDGEMENTS. 1906 30
Premiums in course of collection ~ 4O5O6 "a
Cash on hand 1853 1888 10
$685. AL II
The above statement is just true and correct
transcript from the books of the company.
JAMES l. DAY, President.
II. CARPENTER, Secretary.
STATE OF LOUISIANA, al
Parish of Orleans, City of New Orleans |
Sworn 10 and subscribed before me, this 18th day |
of January 1876.
ALFRED NGRAHAM,
Notary Public.
The Board of Directors at meeting held on the
10th day Of January 1876. after setting aside TEN
THOUSAND DOLLARS 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 THIRTY
FIVE PER CENT, on the net earned participating
premiums Of the year ending December 81, 1875;
said dividend payable on and after MONDAY the
gath day Of January, 1876
DIRECTORS FOR 1876
jn0 q. Gaines. Richard Flower, J. L. Harris
e. J. Hart j. Weis, D.A.Chaffraix.
by Rensha~, B. W. Taylor. L. Alcus
Hugh Wilson, &c. Morris, Isaac L. HAS,
B. Rscoe. james l. Day, s.ott MoGehee
A. Baldwin, Lionel C. Levy, Gee Jonas
Chas. Macready. Emory Capp, D. Fato
W. =. Seymour. T. L. Airey. jail I'm
EIGHTEENTH ANNUAL STATEMENT
HOPE INSURANCE COMPANY.
NEW ORLEANS.
No. 1875 Common Street.
In conformity with the requirements of their char
ter the company publish the following statement:
Premiums received to December 81 1875 SIT 7O7 81
On fire risks -.-......... 1921, 543 90
On marine ............... 17,746 70
On rlver..-.....-....--.. 80, 41s %
Losses paid during the same period, viz: .
On fire risks. S23.972 46
On marine. 4.625 81
On rver..... 1850 O5
Less rebate...... saO,s76 O6
state and city IL X
censes and tax III
es capital and S
real estate for lie
1874 and 1875 :. 15a5 50
seinsurances 80. 1864 %
Rent. -........... 1907 81
NctuIH premiums A,UoO 81 |
'roft and loss,
expenses lessin-
terest. ......... 1908 IS
II, 439 Is
117,677 p
Profits. OBSERVATION-DISCLOSURES. $50 $50 go
deserved for risks not terminated Decem-
Der 81, 1875. Observation-Disclosures. s25, s69 40 i
deserved for unadjusted losses 1851 IL
ASH dividend of ten per cent declared
this Observation-Disclosures. 10000 90 Il
Estimated depreciation Of assets. 1920 0s 81
$1,000 so n,
The Company's Assets: u
invested in mortgage on real estate in
the city Observation-Disclosures. 1898 II al
ills receivable on pledges ---.-.-... 2s,337 16 u
for premiums 1895 81
ank insurance and other stocks ........ 1904 25
eal estate ...... 34,324 81 in