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

| MERCHANTS MUTUAL INSURANCE COM
PANY OF NEW ORLEANS.
1O4 Canal Street.
TwENrY-FIRsT ANNUAL STATEMENT.
In conformity with the requirements of their char
ter, the Company publish the following statement:
| Premiums received during tho year ending Nav 81
| 1875, including Unearne0 Premiums Of the previ
| GUS year:
| On Fire Risks s 1869 s2l o5
| On Marine Rlsks 52,356 10
On River Risks. 55,9s3 o.
| Total Premiums. Observation-Disclosures. ss7s, 100 %
| Less Unearned Premiums. .-....... 121 46s OO
Net Earned Premiums 3lst May, ls75.. $3.50 Gs2 q
Losses paid
On Fire Risks Al
On Marine Risks. .-..--..... 47,7s2 A
IN River Risks .............. 1884 05
1887, 47o 80
IaXc6 50 OO9 70
Reinsurance and Return Pre-
miums. Observation-Disclosures. 26s49 Y
Expenses and fifteen per cent
rebate less interest. ........ 81 $3.50 OF
- $4,000 e.
Profit .............. sloa, ADJ 81
Real Estate ................ 1882, e14 43
City Bonds OBSERVATION-DISCLOSURES. 216, ITO 10
Bank, Railroad and other Stocks 73cil so
Notes secured by mortgage and pledge. 1927, 10 e5
Premium in course of collection 81 4O4 Is
State Bonds ACKNOWLEDGEMENTS. $50 90
Insurance Stock ACKNOWLEDGEMENTS. 1924 At
Stock OF Vallette Dry Dock Company le 400 90
Mortgage Bonds, Turner's Association 1000 90
Mortgage Bonds Odd Fellows Hail.. 5000 90
Cash on hand 10e,5s7 %
81, 500 s.
The above statement Is q Just true and correct
transcript from the books of the Company
P. FOUkCHY, President.
STATE OF LOUISIANA.
Parish Of Orleans, city of New Orleans
Sworn mt to and subscribed before me the 18th day Of
Al a meeting of the Board of Directors held on the
4th day Of June lsS it was resolved to pay to the
per cent per annum on their stock
P. Maspero, Ed. Toby,
S. z. Relf, NJ. w. Smith
.. F. Generes, ]. j. Fernandez,
u. A. Chafralx j. NJ. Allen,
Chas. Lafitte. ie16 '751v
THE NEW ORLEANS INSURANCE COMPANY
OF NEW ORLEANS La,
Corner of Camp and Canal Streets
ESTABLISHED IN 1905.
Income for year ls74........ .........t5o40 3s 70
Assets December 81, s75s $50 81
The Company insures 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:
W B.. Schmidt A; n Bickham
Placide Forstall Ad Schneider,
II. Gally, Jules Tuyee.
Charles Lafitte w. A. Bell,
W. Van Benthuysen, D. Fatio
NEv ORLEANS INSURANCE COMPANY
Corn.r Canal and Camp streets.
FIFTEENTH ANNUAL STATEMENT.
In conformity with their charter the company pub.
Hsh the following statements
PREMIUMS Home and Ageacie.) DURING THE
YEAR ENDING DEC. 81, 1874.
I'm nre rlsks...... ....-........ t4S5 l2O
On Marine risks. 90, 1852 IS
On river and inland. ........... 1891 IS
Less reserved fer unterminated
risks December 81, 1s74.... 1866 COL 50 |
Return premiums. 33222 90
s4oa, s7s IS |
Add interest. IS 365 II
Deduct reinsurances. ......-.. t5..o3 20
q Fire losses. .e161 IA 50
Marine losses. 57,432 q
River ard in.
land losseA,.. 5l,427 IS
z General expenses. IS $50 % |
Taxes. -.....-.. ....-..-.. 1o,4& 90 |
Commissions. $3.50 80 |
~, ss5 %
Net profits IN, 2o3 n |
Tie company has the following ass t..
Cash. ...... $ooooV "
Premiums in course OF cclleC-
lection. ACKNOWLEDGEMENTS. 90 1873 n
Pledges and mortgage n ,tes.- 211, $50 "a
Bills Receivable fer premiums 4s1 o.
Bonds, city and ether. 1866 IS
Stocks gas and other. H,409 50
Agencies premiums in course
of transmission ............ 9,787 q
Due by insurance conpan; Is. 1880 81
Real estate, corner CAM and
Canal 70,662 II
Other real estate. 0,532 81
Branch office Third District
premium Id collection. 1,675 10
Suspense account ..... 3070 16
-f75e $50 80
LIABILITIES.
Capital stook. $500, 900 90
Reserved for unterminated
risks, Dec. 81, 1s74.......... 16s,601 So
Interest and dividends uncol.
lected ..... 6,7371
Claims against the company. 1898 70
$677, e32 Il
Surplus more than sufficient