The New Orleans bulletin. [volume] (New Orleans [La.]) 1874-1876, 1876-01-12

INSURANCE.
MERCHANTS MUTUAL INSURANCE CON-
PANY OF NEW ORLEANS.
1O4 Canal Street.
TwENrY-FIRsr 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-
On Fire Risks. 1869 6I 05
On River Risks. ACKNOWLEDGEMENTS. 1888 o.
Total Premiums ... $67s, 100 %
Less Unearned Premiums. ........... III, 46S 90
Net Earned Premiums 3lst May, 1s75.... $556,692 %
Losses paid
On Fire Risks. ,344 Al
On Marine Risks. ...----..- 477e2 "A
On River Risks .-.......-.... 32344 %
1881, 40 90
taxes oooo' 80
Reinsurance and Return Pre-
miums. Observation-Disclosures. 26.si9 Y
Expenses and fifteen por cent
rebate less interest. I93O OF
Profit sloa, 431 So
Real Estate s2s2, ga 43
City Bonds 2l6, ITO "
Bank, Railroad and other stocks. 49, Ii ~
Notes secured by mortgage and pledge. 321, ~ %
Bills receivable Observation-Disclosures. 50, II 90
Premium IN couEse of collection - 4,4O4 70
State Bonds 63O W
Insurance Stock. ACKNOWLEDGEMENTS. 1874 40
Stock of vallette Dry Dock Company IL, 400 90
Mortgage Bonds, Turner'S Association. 1900 90
Mortgage Bonds Odd Fellows Hall. 80. 5000 90
Cash on hand ACKNOWLEDGEMENTS. 1857 20
81 223, 500 81
The above statement is inst true and correct
transcript from the books of the Company:
G. w. MOTT. Secretary.
STATE OF LOUISIANA,
Parish OF Orleans, city OF New Orleans. {
Sworn to and subscribed before me the 18th day of
June 1875. JAMES FAHEY, N. z.
At meeting of the Board OF Directors held on the
Stock holders demand interest at the rate Of 10
per cent per annum Oh their stock.
DIRECTORS
P. Maspero Ed. Toby,
D. Fatjo, 2. Fourchy,
S. Y. kelf, Nj. W. Smith
l. F. Generes, ID. Fernandez
d. A. Chaffraix, j. NJ. Allen,
Chas. Latitte. je16 rs "
T,HE NEW ORLEANS INSURANCE COMPANY
OF NEW ORLEANS, La,
Corner of Camp and Canal Streeta
ESTABLISHED IN 1905.
Income for year ls74....-... .S5o4 OBS -
Assets December 81, .e75s $50 SO
The Company insuros Fire. Marine and River
Risks. Issues Marine Policies, payable in London In
case of loss. J. W. HINCKS, Secretary.
AID. SCHREIBER Wise President
J. TUYES, President
DIRECTIONS:
". B. Schmidt, A. NJ hckham
Placide Forstall, AID Schneider,
81. Gally, Jules Tuyes,
W. Van Benthuysen, D. Fatjo.
Emile BOnny, D. D. rogers. fe3 ly
NEV ORLEANS INSURANCE COMPANY-
Cornsr Canal and Camp streets.
FIFTEENTH ANNUAL STATEMENT.
In conformity with their charter the company pub.
Hsh the following statement:
PREMIUMS Home and Age1oieA) DURING THE
YEAR ENDING DEC 81, 1874.
On IRE risks. ............ 1885, l2O
On Marine r1sks..-...-.. eo,9s2 %
On river and inland. ........... 94,394 6e
Less reserved for unterminated
risks December 81, 1s74.-.. 16s,6o1 So
Return premiums. ............. 80 222 90
1884
s46s,s7s IS
Add interest. $685. II
1884, oss 70
Deduct reinsurance. .-........ $45,1 90
q Fire losses. $751;, IA SO
f Marine lOsscs-. 81, 432 -
River ard in
land lossee.. 51,427 IS
x 270,oo4 n
y General expenses $3.50 %
Taxes -.-...... 19,4& 90
< Commissions. $3.50 SO
Rebate. .--.......... 1894 80
Net prOhts...........--....-. ea7sos n
The company has the following ass ts
Cash. ... $0o,0oO "
Premiums in course Of ccllec-
lectlon.. w. l33 II
Pledges and mortgage n ,tes-. 81 $50 "a
Bills Receivable for premlHms r. 49, o.
Bonds, city and ether. 139 616 IS
Stocks, gas and ether. -....... H4O9 so
Agencies premiums in course
of transmission 97s7 81
Due by insurance compar D.. 1890 81
Real estate corner CAM and
Canal. 70662 n
Other real estate. 70, 532 81
Branch office Third District
premium Ia cOllectiOn...... 1,675 10
Suspense ACCOMPLISHMENTS. SOTO Is
LIABILITIES.
Capital stock. $500, 900 90
Reserved for unterminated
risks, Dec. 81 1s74--........ 166, COL So
Interest and dividends uncol
lectel Observation-Disclosures. 6,737 Is
Claims against the COMPANY 1898 70