The New Orleans bulletin. [volume] (New Orleans [La.]) 1874-1876, 1876-01-06

INSURANCE..
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 statements
Premiums received during tho year ending Nav 81
1875, including Unearned Premiums Of the previ
Ousyear:
On Marine Risks. 52556 10
On River Risks. 1898 0s
Total Premiums ............. $s7s, 100 %
Less Unearned Premiums. 121, 466 0O
Net Earned Premiums 3lst May 1s75.... $3.50 692 %
Losses paid
On Fire Risks. .$257, 344 Al
On Marine Risks. 47.1e2 "A
On River Risks ........---.-. 1884 05
1887, 47o 90
Taxes ACKNOWLEDGEMENTS IS, O09 SO
Reinsurance and Return Pre-
Expenses and fifteen per cent
rebate less interest. N93O OF
Profit slo2 43l S.
Real Estate $500 $3.50 sl4 -
City Bonds. ACKNOWLEDGEMENTS. 2l6ll0 90
Bank Railroad and other Stocks 73,p1i 80
Notes secured by mortgage and pledge. 327,z79 8
Bills receivable Observation-Disclosures. 1871 90
Premium in cousse of collection . a. 4O4 10
State Bonds NEUTRALITY-SUSPICIOUS. $50 90
Insurance Stock. ACKNOWLEDGEMENTS. 1921 46
Stock of Vallette Dry Dock Company IT, 400 90
Mortgage Bonds, Turner'S Association. 1900 90
Mortgage Bonds Odd Fellows Hail.. 5000 90
Cash on hand ........................ 10e 5s7 90
81, 2as e99 Sc
The above statement is Just, true and correct
transcript from the books of the Company.
P. FOURCHY, President.
STATE OF LOUISIANA, |
Parish of Orleans, city of New Orleans.
sworn to and subscribed before me the 18th day Of
At meeting of the Board OF Directors held on the
14th day of june 1875 it resolved to pay to the
Stockholders, demand interest at the rate of 10
per cent per annum on their stock.
DIRECTORs
Maspero, Ed; Toby,
d. Fatjo p. Fourchy,
S. q. Relf, NJ. W. Smith,
L. F. Generes, j. j. Fernandez,
D. A. Chatfraix, j. NJ Allen
Chas. Laftte. je16 rs 1y
TlHE NEW ORLEANS INSURANCE COMPANY
OF NEW ORLEANS, La,
Corner of Camp and Canal Streets,
ESTABLISHED In 1900
Assets December 81, 1s74..............tz5s56 $50 50
The Company insures Fire. Marine and River
Risks. Issues Marine Policies payable in London In
case Of loss. Nv. HINCKS, Secretary.
AID. SCHREIBER Vice President.
J. TUYES President
DrprcT0Ra.
". B. Schmidt A. N. Bickham
Placide Forstau, Ad Schneider.
D. Gally, Jules Tuyes,
W. Van Benthuysen, D. Eatio,
Emile Bouny, d. D. Rogers. fe3 ~
NEV ORLEANS INSURANCE COMPANY
Corner Canal and Camp streets.
FIFTEENTH ANNUAL STATEMENT.
Ish the following statement:
PREMIUMS Home and AgencieA) DURING THE
YEAR ENDING DEC. 81, 1874.
On fire risks. .e4S5, 1870
On Marine risks &c, 1872 IS
On river and NEUTRALITY-SUSPICIOUS.. 94,3s4 GO
Less reserved for unterminated
risks December 81, ls74.-.. 166,601 So
s4os, e7s IS
Add interest. s. 1865 IA
e5o4, oss 70
Deduct reinsurances. .......--. &5,1e3 30
2 Fire losses. s161, IA e3
Marine losses. 57,432 -
River ard in
land lOsseA 81, 4H IS
x - 27ooo4 n
2 General expenses. 5525e %
Taxes. .......... 1943I 90
Commissions. ....... IS, $50 80
Rebate. ............. 1884 80
- 1886 o.
Net profits. IN, 2os n
The company has the following ass ts.
Cash. ....... $65,O5O 81
Premiums in course Of cclleo-
lection. 81, 1873 n
Pledges and mortgage H,tes.. 211, $50 "a
Bills Receivable for premiums Il, 4s1 o.
Bonds, city and ether. ........ 139, 61S IS
Stocks, gas and other. .-...... 1,409 so
Agencies premiums in course
of transmission ........ 9,7e7 q
Due by insurance compan' b.. 1880 81
Real estate corner CAM and
Canal 7o,662 II
Other real estate. 70,532 81
Branch office Third District,
premium Ia collection. 1675 70
Suspense ACKNOWLEDGEMENTS. 3,07o is
s7ss,5ee @
LIABILITIES.
Capital stock. $500, 900 90
Reserved for unterminated
risks, Dec. 81, ls74.......... 166, COL 50
Interest and dividends uncOl.
lected ACKNOWLEDGEMENTS. 6,73715
Claims against the company. 1888 70
$50 II
Surplus more than sufficient