The New Orleans bulletin. [volume] (New Orleans [La.]) 1874-1876, 1875-09-04

INSURANCE.
| ><~~~~~~~~o~-~~~~~-~-~-r~o
NINTH ANNUAL STATEMENT
FACTORS AND TRADERS INSURANCE
COMPANY,
l37.......... Carendelet Street 81
NEW ORLEANS, May %, 1875
The Trustees in conformity with the charter of the
Company publish the following statement of its
affairs TOR the year ending April 30, 1875, to wit
PREMIUMS FOR THE YEAR.
| On Fire Risks. 360073 80
On River hlsks . 81 ~ 70
On Marine Risks........... a. Jig IL $685., 419 SO
/ LESS
Untsrminated premiums
30th April, 1875......... s9,742 90
| Return premiums. 1895 So 1861 so
Net earned premiums $685., 1852 49
LOSSES PAID, To-wIT:
On fire risks. $134 367 30
River risks 126 4e2 SO
Marine risks = 800 65-s269 ITO So
Rereinsurance. ....... 1859 81
Rebate returns. Is, 492 81
State and city taxes. 22,61S 46
Gross expenses home Office
ana agencies ~ sy9 u
Profit and Loss. 1t, OBJ 40 - 1890, $50 So
Balance. ...-:.-......-....-.... sl45, 1859 So
Add interest and discount and savings
received. ACKNOWLEDGEMENT. 1o5o54 81
aa5o,2a4 s.
Less first semi annual interest on CAPT.
tai stock paid and second now due 10000 90
Net profits. ......-...-.--..-..... 14o,aa4 50
Less reserved for shrnkage in invest
ments. ....................-... 1904 50
Balance to be divided on net premiums
Of 1915 and unearned Of 1s73A... $117,13O 90
The COMPANY HAVE THE FOLLOWING ASSETS TC-wIT
Cash on hand ........-..:. 1894, 463 Is
Accounts In course OF col
Bills receivable for loans on ~
pledge Of stocks and
Bills receivable at short
dates..........-....... 3so11 As
Bank and other stocks. 21s 100 SIS
Stocks OfCity Railroads. 1859 66
City and other bonds. 1106S1 So
Bonds Of Masonic Grand
Lodge of Louisiana. 5000
Bonds Of Odd Fellows Hall
Association .......-... 5000 90
Bonds of Association for
Relief of Jewish Wild.
ows and Orphans...... 1900 90 |
Real estate. 60 1875 00-$1 4S6, 215 90
LIABILTIEs-
Capital stock. 81, 100, 900 90
Reserved for Unterminated
Unpaid dividends (incad. '''''~ v
ing interest and pre-
mum dividends April
Fund isurpiusj iis,sis Is 81, 1875 a15 90
The foregoing is true and correct transcript from
The books Of the Company.
E6. 4. PALFREY. President.
THo6. +. WALKER, Secretary.
STATE OF LOUISIANA,
Parish Of Orleans City of New Orleans. |
Sworn to and subscribed before me- this ed day Of
Nay, 1875.
EDWARD IVY, Notary Public.
At special meeting Of the Board of Trustees held
IN the twentieth inst, it resolved to pay DE-
MAND SECOND SEMI-ANNUAL interest Of
FIVE PER CENT to 3Oth April 1875, making ten
per cent per annum on the CAPITAL STOCK Of the
CempaEy, 81, 10C, 0O0) and CASH DIVIDEND of
TWENTY-FIVE PER CENT, to Stockholders on
he amount s47l 769 65) of their net participating
premiums for the year ending 3Oth april 1875 and
# their unearned participating premiums for the
rear ending 30th April 1874.
ED. A. PALFREY, President.
THos +. WALKER, Secretary.
MOSES GREENWOOD, Vice President
TRUSTEES.
dOses Greenwood r. M. Walmsley,
Y. A. johnson A. Brittn
ohm l. Noble, A. II. May, II
ohm Chaffe, s. II. Snowden,
richard Miniken, T. Lytt. Lyon
amuel e. Moore, VIM. C. Raymond
l. Warren, James s. Prsstidgs,
/ T. Buckner, Samuel r.. Boyd,
anil Friedander. Joseph McElroy
!. A. Yates, E. B. Wheelock,
ohm I. Adams, Cyrus Bussey II
saac Scherck, VIM J. Behal, II
B. f. Eshleman. my23 I'm