The New Orleans bulletin. [volume] (New Orleans [La.]) 1874-1876, 1875-07-02

NINTH ANNUAL STATEMENT
FACTORS AND TRADERS, INSURANCE
| COMPANY,
37.-...........Ca rsndelet Street 81
NEW ORLEANS, May 90 1875.
The Trustees in conformity with the charter of the
| Company, publish the following statement of its
affairs for the year ending April 30, 1875, to wit:
PREMIUMS FOR THE YEAR.
| On Fire Risks S36O073 S3
| On River Risks- ..-..----.-. 81 e29 IS
On Marine Risks. 44116 fl $685. 419 SO
| LESS
| DIFFERENTIATED premiums
Both April, 1s75........- 80 7f2 90
Return premiums. 1925 90 80 GOT so
Net earned premiums. 1886, 1872 40
LOSSES PAID, To-wIT:
On fire risks. Sl34 1867 30
River risks. 126 4s2 SO
Marine risks g 800 65-s $685., ITO So
Rereinsurance. $500. 1850 50
Rebate returns. Is 492 81
State and city taxes 2261S 46
Gross expenses home Office
and agencies. SO, e99 81
Profit and LOSS OBJ 40 = $500 $50 So
Balance. ....-:--.-.-...... sl45, 1863 So
Add interest and discount and savings
received. -.........-...---...--. 1o5,o54 81
sa5Oaa4 So
Less first semi annual interest on CAPT.
tai stock paid and second now due 10000 90
Net profits. 14O, 2a4 So
ments. ACKNOWLEDGEMENT. 1904 50
Balance to be divided on net premiums
Of ls74-5 and unearned of 1s73-4... s117, 100 90
The COMPANY HAVE THE FOLLOWING ASSETS To-wIT:
Cash on hand -.----;- $394,4S3 Is
Bills receivable for loans on
pledge Of stocks and
bonds -..-:..-.....-.. So, 923 o.
Bills receivable at short
dates ss,o11 As
Bank and other stocks..... eIs'io3 IS
Stocks Of City Railroads.. rs, $40 IS
City and other bonds 1106S1 Sc
Bonds of Masonic Grand
Lodge of Louisiana - 5000 90
Bonds of Odd Fellows Hall
Association. ....-.. 5000 90
Bonds of Association for
Relief of Jewish Wild.
ows and Orphans...... 1000 90
Real estate. CO. 135 00-$1 4S6 DIS SO
Capital stock 81 100 900 90
Reserved for DIFFERENTIATED
Risks. s9,742 90
Unpaid dividends includ-
ing interest and pre-
MUM dividends April
80 1879 1T 655 %
Contingent Fund (surpus) 11ss1s 65-$1 4e6 215 SO
The foregoing is true and correct transcript from
the books of the Company.
ED. A. PALFREY, President.
THos. F. WALKER, Secretary.
STATE OF LOUISIANA, !
Parish of Orleans, City of New Orleans.
Sworn to and subscribed before me, this 22d day of
May, 1875. |
EDWARD IVY. Notary Public.
At special meeting of the Board Of Trustees held |
On the twentieth inst it resolved to pay on DE-
MAND SECOND SEMI-ANNUAL interest of |
FIVE PER CENT to Both April, 1875 making ten |
per cent per annum on the CAPITAL STOCK of the |
81, loo ,000) and CASH DIVIDEND of |
TWENTY-FIVE PER CENT, to Stockholders on
The amount tS471 769 49, of their net participating
premiums for the year ending 30th April, 1875 and |
If their unearned participating premiums for the
year ending 30th April 1874.
ED. A. PALFREY President.
THos. F. WALKER Secretary
MOSES GREENWOOD, VicePresident
TRUSTEES.
Noses Greenwood r. M. Walmsley
w. A. johnson, A. Brittip,
John l. Noble, A. n. May,
John Chatfe, S. FL. Snowden,
Richard Miliken, T. Lytt LYON
samuel Z. Moore VIM c. Raymond,
/ Warren, James S. Prrstidge,
:. T. Buckner, Samuel H. Boyd,
ami Friedlander. Joseph McElroy
\. A. Yates E. B. Wheelock,
ohm /. Adams Cyrus Bussey
saac Scnerck, VIM. j. Behan,
B. F. Eshleman my23 I'm