The New Orleans bulletin. [volume] (New Orleans [La.]) 1874-1876, 1876-03-28
INSURANCE.
TIME NEW ORLEANS INSURANCE COM
PANY.
Corner of Canal and Camp Streets
SIXTEENTH ANNUAL STATEMENT.
INSURANCE..

| In conformity with the requirements of thei
charter, the NEW ORLEANS INSURANCE COM
PANY publish the following statement of thei
affairs for the year ending December 81, 1875:
!, Fire premiums. .-.------------.$ 5,32o W
Marine ACKNOWLEDGEMENTS. 1889 %
River. 75,2l ~
For unterminated risks Decem-
| Der 81, 1s75-----......---. 49, 66 "A
Return premiums .--....--.---. a972 q
Net earned premiums $50 As
| Add
Interest salvages etc ....-.......-..--. 3o63l Is
s45l 400 s.
| Deduct
Rensurances ....-.----... S2o,54o %
Fire losses -$ll0972 70
| Marine 1884 69
| River 1913 q
Rebate - AZ ABB Al
| Commissions to
| agents 27,l4S 50
| General expenses Of
| agencies. 1883 -
General expenses Of
home oftice $1,000 90
Contingent expenses
Board of Under
winters e'''---' lzO"&@s47,ns SO
State and city taxes 1924 90
-s331,1 1T 80
Net profits 2O,3l2 70
Deduct
Dividend paid in Au-
gust -.....--.-.-. $25, 600 %
Dividend declared. 25 600 90
$50 600 90
Reserved for unsettled claims. Is 900 OO-65Ooo 90
s553la rs
The company have the following assets, at their
market value:
Real estate $104 oil IS
Pledge and mortgage notes .. 1913 sol 81
Stocks and bonds 1854 50
Bills receivable 22.3s7 SO
Premiums in course Of collection ....... 734s7 90
Agency premiums in course Of transmits
sion. lO,2l6 40
Due by insurance companies 4137 81
Suspense ACKNOWLEDGEMENTS. 1924 80
Sundry debtors 1918 70
United States securities, $50 bonds 5e922 81
Cash OBSERVATION-DISCLOSURES. sc, $50 "a
$685., s27 90
LIABILITIES.
Reserved for untermnated risks. 1858 IA
Dlvldend declared @o,ooo w
Dividend uncollected NEUTRALITY-SUSPICIOUS.. 10 0s6 25
Reserved for unsettled claims. .-........ $4,000 90
SIS, 654 80
The foregoing is true and correct transcript from
the books of the New Orleans Insurance Company.
J.TUYES, Preside
NV. HINCKS, Secretary.
Sworn to and subscribed beforeme 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 the
18th inst it was resolved to pay the semi annual
interest dividend Of five per cent the capital stock
to the stockholders their legal representatives on
and after the FIRST MONDAY Of February next
j. W. HINCKS, Secretary
DIRECTORS:
Ernest Merilh, A. NJ. Bickham,
Placide Forstall, a. Schneider
h. Gally J. Tuyes.
Chas. Laftte W. A. Bell,
w. Van Benthuysen, D. Fatjo,
Pierre Poutz, d. d. Rogers.
ja19 Pm
MERCHANTS MUTUAL INSURANCE CON-
PANY OF NEW ORLEANS,
1O4 Canal Street.
TWENTY. FIRST ANNUAL STATEMENT.
- .eor,;+,, xr;+h +ba raonronoents of their chg
ter the Company publish the following statement:
Premiums received during tho year ending May 81 |
1875, including Unearnea Premiums Of the previ |
IN OI Ere Risks s569, 621 o5 |
IN Marine Rska $3.50 10 |
on River Observation-Disclosures. 55,963 0e |
Toto, prarinms ss7a. 1Go % |
Iass Unearned Premiums. 121, 466 90 |
Net Earned Premiums 3lst Nav, 1875. $556692 % |
Losses paid
On Fire Risks .S257, 344 Al
On Marine Risks-..----.- 4Lao1 "a
On River Risks .-...-..... 52o4a %
$685., 47O 80
Taxes ..,..................... o0UU5 20
Reinsurance and Return Pre-
miums. 26, $40 y
Expenses and fifteen per cent
rebate less interest. 54,S30 "
Profit sIca, 431 So
The Company have the following assets:
Real Estate S@o@,oi1
CITY Bonds .. 2161 90
Rank Railroad and other Stocks. 49, IL 20
Notes secured by mortgage and pledge 81 I9 %
Pills receivable . 3d. II 90 |
Preminm in couEse of collection a. 404 10
state Ropds ..., $50 90
Insurance Stock. ACKNOWLEDGEMENTS. 1924 46
Stock Of vallette Dry Dock Company. 1S40O 90
Mortgage Bonds, Turner's, Association. 1000 %
MortSage Bonds Odd Fellows Hall 5000 90
Cash on hand Observation-Disclosures. les 5S7 20
s1,223 800 So
The above statement is . Just true and correct
from the books of the Company.
P. FOURCHY, President.
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. +.
At meeting Of the Board Of Directors hold on the
14th day of june 1875 it was resolved to pay to the
Stool holders on demand interest at the rate of 10
per cent per annum Oh their stock.
DIRECTORS:
p. Maspero Ed. Toby,
d. Fatiusmf p. Fourchy,
y Smith