The New Orleans bulletin. [volume] (New Orleans [La.]) 1874-1876, 1876-02-25

l. NEW ORLEANS. jan. Is, 1876.
In conformity with the requirements Of their
charter, the NEW ORLEANS INSURANCE COM
PANY publish the following statement of their
affairs for the year ending December 81. 1875:
Fire premiums. ................$ 1923 90
MArino --.......----......-..... o@oos %
I.favef...... 75,x3l -
Less
| For unterminated risks Decem-
Der 81, l675--......--....-.. -, 568 II
Return premiums .............. 34972 y
Net earned premiums. .s42Q, $50 As
| Add
Interest, salvages. etc ............... 3o,63l 10
s45l, 40 s.
| Deduct
| helnSuI3nce6 126,34 -
Fire losses .---...-.. el10.972 -
Marine .-....-.--... 16, 64 SO
River. 30373 p
1873 g
Rebate ......-...-... l2,4s3 ~
Commissions to
agents. 27,148 50
General expenses Of
agencies. 1889 IL
General expenses of
| homo ofice...... 1880 90
Contingent expenses
Board Of Under
writer's, etc.,. 12O77 -
.--s47,ne 36
State end city taxes 1924 90
1881, 1T 80
Net profts...... 2O,3l2 10
Deduct
Dividend paid in Au-
gust ......... $25 900 90
Dividend declared IS 900 90
s55, 3l2 70
The company have the following assets, at their
market value:
Real estate OBSERVATION-DISCLOSURES. .sl04, OIL IS
Pledge and mortgage notes. 238 sol 81
Stocks and bonds Observation-Disclosures. 1854 so
Bulls receivable. ACKNOWLEDGEMENTS. % 1877 60
Premiums in course of collection. ...., 73,d67 09
Agency premiums in course Of transmits
ACKNOWLEDGEMENTS. 1926 IS
Due by insurance companies. ........... l,137 81
Suspense account ............-....-.... 1924 80
Sundry debtors Observation-Disclosures. 1913 10
United States securities $50 bonds...... 1922 81
Cash. .......................... SO $50 "a
ee5ass7 &c
LIABILITIES
Reserved for unterminated risks. S137 56s IA
Dividend declared. ACKNOWLEDGEMENTS. IS 900 90
Dividend uncollected Observation-Disclosures. 1ONs6 Is
Reserved fos unsettled claims. ..... 5000 90
els7654 80
The foregoing is true and correct Transcript from
the books of the New Orleans Insurance Company.
J.TUXES, Preside
NV. HINCKS, Secretary.
of January, 1916,
JOHN IEMONNIER
Third Justice of the Peace,
Parish of Orleans, Ia.
At meeting Of the Board of Directors held on the
18th inst, it resolved to pay the semi-annual
interest dividend of five per cent the capital stock
to the stockholders their legal representatives
and after the FIRST MONDAY of February next. |
Nv. HINCKS, Secretary. !
DIRECTORS:
Ernest Merilh, a. II. Bickham.
Placids Forstsll 4. Schrsibes.
4. Gally, J. Tuyes.
Chas. Laitte, ". A. Bell.
w. van BontnuyeeA H. rat)O,
Pierre Poutz. D. D. RogerA
jal9 Pm
MERCHANTs MUTUAL INSURANCE COM
PANY OF NEW ORLEANA
fOA Canas Stree.
zwENTY-FIRsT ANNUAL STATEMENT.
N corfryc<x With tho ants of th civ char
ter, the Company publish tho following statement:
Premiums received during the year ending May 81,
1875, including Unearned Premiums Of the previ.
On Fire Risks. 1850 62i o5
On Marine Risks. NEUTRALITY-SUSPICIOUS.. 50, $50 10
On River Risks. ACKNOWLEDGEMENTS. 55963 0s
Total Premiums. ss7s, 100 o
Less Unearned Premiums. ......... 121, 465 90
Net Earned Premiums 31st May, 1885,. e55s,6sS %
On Fire Risks: .$257, 344 n
On Marine RISKS 47.7S2 -
On River Risks .............. 32,344 10
1874 90
Taxes OBSERVATION-DISCLOSURES. 5000 80
Reinsurance and Return Pre-
miums. Observation-Disclosures. 26649 y
Expenses and fifteen per cent
rebate less interest. ........ 81, $50 o. |
Profit ......................... slo2,431 So
The Company have the following assets: Is
Real Estate ....... $685., s14 43
City Bonds ACKNOWLEDGEMENTS. 216,110 90
Bank Railroad and other Stocks. 73,o1l so
Notes secured by mortgage and pledge. 327,z79 IS
Bills receivable Observation-Disclosures. S3g17 90
Premium in course of collection. ....... 4404 70
State Bonds $50 90
Insurance Stock . 1924 46
Stock of Vallette Dry Dock Company i0 400 90
Mortgage Bonds Turner'S Association. 1900 90
Mortgage Bonds Odd Fellows Hail.. 5000 90
Cash ON hand 1855 90
81, 223 s99 Sc
The above statement IL . Just true and correct
transcript from the books of the Company.
P. FOURCHY, President I
G. W. MOTT, Secretary. q
STATE OF LOUISIANA, Ia
Parish Of Orleans, city of New Orleans.
Sworn to and subscribed before me the 18th day Of
Tune 1875 JAMES FAHEY, N P.
At meeting of the Board Of Directors held on the
4th day of june 1875 it resolved to pay to the
demand interest at the rate Of 10 il
,er cent Der annum on their stock. 7