The New Orleans bulletin. [volume] (New Orleans [La.]) 1874-1876, 1876-01-14

INSURANCE.
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 1853, 621 05
On Marine Risks ---.-----.-.----.------ o2,ooo ~
| TN RIVER RISKS. 00,Soo Oc
Total Premiums. ... s67s, 100 %
Less Unearned Premiums. III, 46e 90
Net Earned Premiums 3lst May, 1885,. 1856 %
Losses paid
On Fire Risks; go 4
On Marine Risks -.-..-.---. H7o2 "A
On River Risks ....-.----...- 32344 %
1887, 40 80
Taxes Observation-Disclosures. 5000 90
Reinsurance and Return Pre-
miums- Observation-Disclosures. 26,si9 y
Expenses and fifteen per cent
rebate less interest. ........ $3.50 OF
Profit s102 431 81
Real Estate $3.50, s14 43
City Bonds. 2l6, ITO 90
Bank, Railroad and other Stocks 73, III so
Notes secured by mortgage and pledge. 1877. 10 IS
Bills receivable ACKNOWLEDGEMENTS. S3,9l7 w
Premium in cousse OF collection 94,404 %
State Bonds Observation-Disclosures $50 90
Insurance Stock. ACKNOWLEDGEMENT. 1924 46
Stock of Valette Dry Dock Company. l8 400 90
Mort gage Bonds Turner's Association. 1900 90
Mortgage Bonds Odd Fellows HAIL.. 5000 90
Cash on hand ACKNOWLEDGEMENTS. 1oe,597 %
8, 2a3, 500 Sc
The above statement is . just true and correct
transcript from the books of the Company.
P. FOURCHY, President
" v N > STATE OF LOUISIANA,
Parish Of Orleans city of New Orleans.
Sworn to and subscribed before me the 18th day Of
14th day of june 1875 it was resolved to pay to the
Stockholders on demand interest at the rate of 10
per cent per annum on their stock.
p Maspero, Ed Toby,
d. FatjO, P. Fourchy,
s. 2. Relf, M. W. Smith,
L. F. Generes id Fernandez
D. A. Chatfraix, j. NJ. Allen,
Chas Laitte. je16 rs 1y
TUE NEW ORLEANS INSURANCE COMPANY
OF NEW ORLEANS, La,
OOrueT OF camp ana lanai SLTooLA
ESTABLISHED IN 1905.
Income for year 1874. .e504 o3e 70
Assets December 81 1874. .s75e $50 60
The Company insures Fire, Marine and River
Risks. Issues Marine Policies, payable In London In
case Of loss wv. HINCKS Secretary.
AID. SCHREIBER, Vice President
J. TUYES, President.
DIRECTIONS:
T. B Schmidt ~. Mokham,
h. Gally, Jules Tuyes,
Charles LATTE, WA. Bell,
W. Van Benthuysen, D. Fatjo,
NEV ORLEANS INSURANCE COMPANY
Cernsr Canal and Camp streets.
FIFTEENTH ANNUAL STATEMENT.
In conformity with their charter, the company pub
lish the following statement:
PREMIUMS Home and Ageneie., DURING THE |
YEAR ENDING DEC. 81, 1874.
On IRE risks. ....--.........$4S5,12o
On Marine risks. 1882 IS
On river and inland. 81, 1894 66
Less reserved for unterminated
risks December 81, 1s74.... 16e, COL 50
Return premiums. &c., 90
S4os, s7s IS
Add interest. 1896 II
s5o4,oss -
Deduct rensurances. .......... A5, l03 30
q Fire losses. .$161, IA SO
Marine losses. 81, 432 43
River ard in.
e land losssA, 51,427 IS
y General expenses.--..-.. IS 25e %
g Taxes. .......... 194N 90
< Commissions. ............ 49, SO
Kebate...... ............ 1894 80
- &c, s35 os
Net profits. .........................t 97,aos n
The company has the following ass Is,
Cash. e65,05O 80
Premiums in course of ccllec-
lecten.. 81, 1873 n
Pledges and mortgage = tes.. 211 $50 "a
Bills Receivable fer premiums 124s1 o.
Bonds, city and ether. 139, GIG IS
Stocks, gas and other. ........ 74,409 50
Agencies premiums in course
Of transmission ............ s,7s721
Due by insurance compar' Ss.. 1880 81 |
Real estate corner CAM and
CAuSA 7V,o02 IT
Other real estate. 70,532 g. Ii
Branch Office Third District, |.
premium Ia collection. 1675 10 Ii