The New Orleans bulletin. [volume] (New Orleans [La.]) 1874-1876, 1876-02-04

PANY publish the following statement Of thei
affairs for the year ending December 81, 1875
Fire premiums ..........-..--. $455, 1923 80
Marine ACKNOWLEDGEMENTS. 62,S39 Sc
River. 1921 81
-s593 500 g
| For unit minated risks Decem-
Der 81, 1875 1883 IA
Return premiums .......-. 3497222
Net earned premiums. $40, $50 A.
Add
Interest, salvages, etc ..... 3o,63l IL
s45l, 400 Sc
Deduct
Reinsurances- ........s......... e26,345 SO
| Fire losses .Sll0.972 70
| Marine .......-..--.. 1854 u
: $500 SIS, 1873 So
Rebate -..... 424e3 At
Commissions to
General expenses Of
| agencies. 7,739 -
| General expenses Of
home office. 1880 90
| Contingent expenses
Board of Under
.s477s 80
| State and city taxes q 294 80
SSH III 80
Net profts..-... l20,3la 70
Deduct
Dividend pad in Au.
gust ......--..... 900 90
Dividend declared. Is 600 90
-s5OO 600 90
Reserved for unsettled claims. 5000 CO.'S 900 90
s55 3l2 3
The company have the following assets, at their
market value:
Real estate slo4, oil IS
Pledge and mortgage notes. -......... 23s, sol 81
Stocks and bonds Observation-Disclosures. 1854 50
Bills receivable. NEUTRALITY-SUSPICIOUS.. 22357 SO
Premiums in course of collection. ..... 73,457 %
Agency premiums in course of transmits
eion.. 1926 As
Due by insurance companies ...... 4,137 81
Suspense acco. Mt ACKNOWLEDGEMENTS. 1924 80
Sundry debtors ACKNOWLEDGEMENTS. 1913 70
United States securities 500 bonds. &c. 22 81
Cash. OBSERVATION-DISCLOSURES. 3625O "a
$685. sa7 90
LIABILITIES.
Reserved for unterminated risks. .s137 56s IA
Dividend declared .................... IS 600 90
Dividend uncollected .......-......... 10 0s6 25
Reserved for unsettled claims ....-..... 5000 90
sls7s54 80
The foregoing is true and correct transcript from
the books Of the New Orleans Insurance Company.
J.TUYES, Preside
J.W. HINCKS, Secretary.
Sworn to and subscribed before me on this 18th da
of January 1876.
JOHN LEMONNIER,
Third Justice Of the Peace,
Parish of Orleans, La.
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
t, the stockholders their legal representatives
and after the FIRST MONDAY Of February next |
J. W. HINCKS Secretary.
DIRECTORS:
Ernest Merilh, A. NJ. Bickham,
Placide Forstal, A. Schneider,
H. Gally, J. Tuyes.
Chas Laftte W. A. Bell,
w. Van Benthuysen D. Fatjo,
Pierre Poutz, u. D. Rogers.
ja19 2m
MUTUAL INSURANCE CON-
PANY OF NEW ORLEANS,
1O4 Canal Street.
TWENTY FIRST ANNUAL STATEMENT.
In conformity with the requirements Of their char
ter the Company publish tho following statements
Premiums received during tho year ending May 81
1875, including Unearned Premiums Ut tho prevl
On Fire Risks. 1860, 621 o5
On Marine Risks $3.50 10
On River s,... $3.50 0e
Total Premiums. ACKNOWLEDGEMENT. te7s, 100 o
Less Unearned Premiums. ....... 121, 46e 90
Net Earned Premiums 3lst May, 1885,. s5566s2 %
Losses paid
IN Fire Risks. .$257, 3A Il II
IN Marine Risks. 47.1o2 e
IN Hlver klsks ............ 52o4a 70
&s7,47o 90
raxes ..... 5000 SO
and Return Pre-
mums 6,s49 y IL
Expenses and fifteen psr cent
rebate less interest......... 1890 "
Prof. sloa ~ s.
Real II Estate pn. . VINO . sea s14 4s
ity Bonds , GIG, 10 90
Sank railroad and other Stocks 1911 50
Notes secured by mortgage and Pledge 3s1, %79 80
1remium in couIse of collection "a, 4O4 70
tate Bonds -. $50 90
Insurance. Stack 1924 46
,tOck Of Vallette Dry Dock Company. le, 400 OO
Mortgage Bonds, Turner's Association. 1000 90
dorteaee Bonds Odd Fellows HAIL. 5000 90
,aah on hand ACKNOWLEDGEMENTS. los, 5e7 %
q, ~, s9s Sc
The above statement 10 . Just, true and correct
from the books of the Company.
P. FOURCHT, President. !
G. W. MOTT. Secretary.
Parish Of Orleans, city Of New Orleans. d
Sworn to and subscribed before me the 18th day Of
une, 1875 JAMES FAAEI, n. Z:
At meeting Of the Board Of Directors held on the
4th day Of june 1875 il resolved to pay to the
stockholders on demand interest at the rate Of 10 Il
er cent per annum on their stock. ,
DIRECTORS:
r. Maspero Ed. Toby,
d. Fatio p Fourchy,
SZ Relf NJ. w. Smith,