The New Orleans daily Democrat. [volume] (New Orleans, La.) 1877-1880, 1878-05-09
INSURANCE.


UP to December II. 1877.
ESTABLISHED IN 1906.
Fire premiums. 1866 as1 02
Marine premiums 8e32 a
River premiums ........... % 246 o.
Total premiums. ....... ssso.75s %
Premiums On unegpfred
Risks. ..........----., 8Ss .o57 s8
Return premiums. 1910 10
ReInsuranees ............. 20.742 80 1890 10
Net earned premiums s2s1,76s rs
Add interest and saIvaess A1.823 "a
sso3.592 30
Deduct
Fire losses. see, AIT 81
Marine losses 17,722 90
River losses 1890 s5- seG 400 70
Rebate &C. IL percent go. 4s.4s %
Genera Expenses. .,....... 3a,2l4 as
State and city taxes AMI
license. ..... .......+..+,s. 1922 70
Board Of Underwriters. 6.759 5s- 1e417s ~
Profit for the year 1877 ......,.,..,. slo9 41t "a
Deduct
Profit and loss ...........t. 80. %
Dividend. June
30. 1877. nm. .s25. 900 90
Dividend. De-
cember 81. 1877. $1,000 90 $1,000 %
Balance. s.......,....... 800 Sc 1D9.415 81
ASSETS OF THE COMPANY AT THEIR
MARKET VALUE
Cash In bank. .,.,,.,........ s53. 0s5 7e
Real estate. .................. 1925 Ia
United States Gold Bonds.
New Orleans City Rail
road Company. Jackson
and Great Northern Rail-
road Company t1st mort
gage bondsl. Bank and
Insurance stocks and
Louisiana State Consols. 1876 800 AZ
Bills receivable for pre-
miums). ..........-...-... h,429 30
First mortgage notes and
pledge notes .......-.-.-- fsG, 523 81
Premiums in course of col
lection ACKNOWLEDGEMENTS 1910 94-$519 1896 20
Tho above statement Is q true and correct
transcript from the books of the company.
J. TUYES, President
J. W. HINCKS Secretary
Sworn to and subscribed before NO. this six-
teenth January. A. D. 1873.
Third Justice Of the Peace.
At meeting Of the Board Of Directors held
en 5g n nt@ VII fsbe III
CENT on the capital stock 10 the stockholders.
or their Iegal Representatives. on and after the
''' j. W. HINCKs. Secretary.
New Orleans. January IS, 1873.
D1EEcTogR
Ernest Merilh, Fl. aally.
6 6hss E ( sehnlat 4H aiss oz Adss.
Charles J. Leeds. W. A. Bell,
d. Fatio, Pierre Poutz.
A. schreiber, Jules Tuyes.
FACTORS AND TRADERS
INSURANCE COMPANY,
az. .Carondelet Simultaneously
Paid up Capital, 81, 100000.
Assets April 80, 1877, s1,2s2,90s SO.
ISSUES POLICIES COVERING FIRE. R1vEH
AND MARINE RISKS
LOWEST TARIFF RATES.
ED. A. P Az EaHlPP Essid k,ns prs.,,snt
THOS. b. WALKER. Secretary
} S!S.Fs s S,s.n s5ssS Aisss
r. T. Buckner, 3. E. Eschleman,
Sam1 Friedlander. VIM. G. Black.
A. A. Yates. Chas. Chaffe.
John /. Adams, L: q. yurey.
Isaac Seherck. Vim. HartWelI
L. NJ .Walmsey. g. J. Leeds.
A. Fl. May. A. T. Janin.
/ B. Il. Bnowden. JOS. Bowling.
A. NJ. Bickham. gel
M ERoHASTs' MUTUAL INSURANCE COM
PANY OF NEW ORLEANS,
IO4 Canal street. IDA
TWENTY-THIRD ANNUAL STATEMENT
In conformity with the requirements OF thsiE
charter the Company publish the following
statement:
Premiums received during the year endinl
May 81 1877 including unearned premiums
of the previous year
On Fire Risks ........... 1851 100
On Marine Risks ACKNOWLEDGEMENTS. N,47s
On River Risks. 25,e72
Total Premiums .....-~....... t411.Aa 81
Less Unearned Premiums. 1918 90
Net Earned Premiums May 81.
Observation-Disclosures. .2ss.ss4 "a
Losses paid
On Fire Risks. SIT .ss7 90
On Marine Risks......-... 1852 80
On River Risks. ........... 1896 II
Taxes and expenses, less