The New Orleans bulletin. [volume] (New Orleans [La.]) 1874-1876, 1876-01-08

xNSU hANCk.
! M ERCHANTS' MUTUAL INSURANCE COM
PANY OF NEW ORLEANS,
1O4 Canal Street.
TwENTYFIRST 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 ACKNOWLEDGEMENTS 1860 6al O5
On Marine klsks- 2,5J6 l0
On River Risks. Observation-Disclosures. 1888 es
Total Premiums s67s, 100 q
Less Unearned Premiums. ............ III 46S w
Net Earned Premiums 3lst May ls75.... $500 %
Losses paid
On Fire Risks. ..-..-----s2o7,34 4 4!
On Marine Risks ------ 41aS a.
Va River GlSks ......-.. 3@o44 10
1881, 40 80
Taxes ...............-......-. 35,OO9 80
Reinsurance and Return Pre-
Expenses and fifteen por cent
rebate less interest.....-... S,930 OF
Profit slo2, 4sl S.
The Company have the following assets
Real Estate .......... s2sa, sl4 43
City Bonds. NEUTRALITY-SUSPICIOUS.. 2l6 ITO 90
Bank, Railroad and other Stocks...... 73f1l 80
Notes secured by mortgage and pledge. 327 10 IS
Bills receivable ACKNOWLEDGEMENTS. S. IL w
Premium III couEse of collection. ........ a. i04 70
State Bonds. $50 90
Insurance Stock Observation-Disclosures. 1874 46
Stock of Vallette Dry Dock Company 49, 400 90
Mortgage Bonds, Turner'S Association. 1900 90
Mortgage Bonds Odd Fellows Hail.. s. 600 90
Cash On hand 16e 5S7 %
81, 23 s99 Sc
The above statement Is Just, true and correct
P. FOUKCHY, 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
18th day of june 1885, it resolved to pay to the
Stock holders, demand interest the rate of 10
per cent per annum Oh their stock
DIRECTORS:
T. Maspero, Ed: Toby,
s. z zI Rsi'f NJ f w. Smith
L. F. Generes, j. j. Fernandez,
d. A. Chaffrax, j. M. Allen,
Chas Lafitte. ie16 rs 1y
TUE NEW ORLEANS INSURANCE COMPANY
OF NEW ORLEANS La,
Corner of Camp and Canal StreetA
ESTABLISHED IN 1905.
Assets December 81, s74........S75s,56 $50 60
The Company insuros Fire, Marine and River
Kicks Issues Marine Policies payable in London in
case Of loss. J.W HINCKS, Secretary.
AID. SCHREIBER, Vice President
J. TUYES President
DIRECTIONS:
MB Schmidt AN, Bickham,
Placide Forstau, Ad Schneider,
H. Gally, Jules Tuyes,
T W Vss E RenIhnvaa, y ": E a. 6eA'
Emile Bouny D. D. Rogers. fe3 ~
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 Agences) DURING THE
YEAR ENDING DEC. 81, 1874.
I'm hre risks. -.... ............. $465, 100
IN Marine risks. 90 9S2 IS
On river and inland. 94394 60
Less reserved for unterminated
risks December 81, 1s74.... Lei, COL 50
Return premiums. 1929 90
346s,s7s IS
Add interest. 35 365 IA
s5o4, oss ~ |
Deduct reinsurances. .......... as, 1o3 90 |
q Fire losses. .$l6l, IA SO |
Marine losses. 1882 43 |
River ard in.
land losseA -. 81 427 IS
27o,oo4 II
q General expenses. $3.50 % |
Iaxes--...... ......-... 19,4N 90
CommissionS...... IS, SO
- l78 1876 o. |
Net profits. ACKNOWLEDGEMENTS. te7aoa n |
The company has the following ass t.,
Cash. $65,O50 50
Premiums in course Of ccllec.
lection. 80, 1873 n
Pledges and mortgage R,tes.. 211 $50 "a
Bills Receivable for premlums 12,4s1 "a
Bonds city and ether. ........ 139 616 IS
Stocks, gas and other. H409 50
Agencies premiums in course
OF transmission ............ 97s7 q
Due by insurance coMpar ss.. 1880 81
Real estate corner CAM and
Canal. --..---...-......... 1862 n
Other real estate. 70,532 g.
Branch Office Third District
premium Ii collection. 1675 10
Suspense account. 3,070 16
LIABILITIES.
Capital stock. $500, 900 90
Reserved for unterminated
risks, Dec 81, 1s74.......... 1866 601 So
Interest and dividends uncol.
lected ACKNOWLEDGEMENTS. 6,7371 |,
Claims against the company. 1898 70 j
S32 II !
Surplus more than sufficient
to cover depreciation. .............. &a0 92s q |
The above statement is true and correct tran. |
ri Mt from the hOola Of the comnanv |