The New Orleans bulletin. [volume] (New Orleans [La.]) 1874-1876, 1875-11-20
INSURANCE.

INSURANCE.
NINTH ANNUAL STATEMENT
FACTORS AND TRADERS INSURANCE
COMPANY,
.-Carondelet Street.
NEW ORLEANS, May 90 1878.
The Trustees in conformity with the charter of the
Company, publish the following statement OF its
affairs Tor the year ending April 80, 1875 to wit
| PREMIUMS FOR THE YEAR.
1 On Fire Risks. s360,073 s3
| On River Risks. -.-........ 2l, 229 IS
On Marine Risks......---.. A116 IL s635, 4l9 9S
| LESS
DIFFERENTIATED premiums
| 30th April, 1s75..-....-. e9,742 90
Return premiums 1925 So e9,667 so
| Net earned premiums. ...... 1886, 1872 49
LOSSES PAID TowlT:
On fire risks. -s134 3G7 30
River risks. 126 4s2 So
Marine risks & 800 65-s269, 17o53
Rerelnsurance l4,369 6s
Rebate returns. Is, 1872 81
State and city taxes. q, 61S 46
Gross expenses home Office
ana agencies - sss 81 .,oo 40, Q,
FRONT and LOSS 1t, 03l ~ - $685. %
Balance. ACKNOWLEDGEMENTS. $l45, 1863 SO
Add interest and discount and savings
received. lu0,uo4 OF
$3.50, 224 50
Less first semi annual interest CAPT.
tai stock paid and second now due 10000 90
Net profits. ACKNOWLEDGEMENTS. 14o,2a4 50
Less reserved for shrinkage in invest.
ments ACKNOWLEDGEMENTS. 1904 SO
Balance to be divided on net premiums
of 1s74-5 and unea1ned Of 1s73-4... $1l7.130 90
THE COMPANY HAVE THE FOLLOWING ASSETS TC.WIT
Cash on hand -.-..-..----- 1884, 4o3 10
Accounts in course OF col
iecUOn --.. oV,JZo ~
Bills receivable for loans on
pledge OF stocks and
bonds. 522, 9e3 o.
Bills receivable at short
dates. 3s011 As
Bank and other stocks. 21s, lob SIS
Stocks OfCity Railroads. 79,549 66
City and other bonds. 110,6o1 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.-..-- 1000 90
Real estate. 6O135 00-s1, 4s6, 2l5 90
LIABILITIES
Capital stock. 81 10O, 600 90
Reserved for DIFFERENTIATED
Unpaid dividends dnclud
ing interest and pre-
MUM dividends April
80, 1875. -.....--..--. 1T 655 .
Contingent Fund (surplus) 1883 65-s1 1856 215 go
The foregoing is true and correct transcript from
the books of the Company.
ED. a. PALFREY, President.
THos- F. WALKER, Secretary.
STATE OF LOUISIANA, I
Parish of Orleans, City of New Orleans. |
Sworn to and subscribed before me- this I'D day of
May, 1875 |
EDWARD IVY. Notary Public.
At special meeting of the Board of Trustees held
the twentieth inst it was resolved to pay DE |
MAND SECOND SEMI-ANNUAL interest of |
FIVE PER CENT to 30th April 1875, making ten |
per cent per annum on the CAPITAL STOCK of the |
Company, 81, 1Ot, 000) and CASH DIVIDEND of |
TWENTY-FIVE PER CENT, to Stockholders on
the amount (S471 100 ss) of their net participating
premiums for the year ending 30th April 1875, and |
Of their unearned participating premiums for the
year ending Both April 1874
THos. f. WALKER Secretary.
MOSES GREENWOOD, Vice-rresdeat
TRUSTEES.
Noses Greenwood r. M. Walmsey,
w. A. johnson, A. Brittin,
John 1. Noble, A. H. May,
John Chaffe, S. H. SnOwden,
Richard Miliken, L. Lytt Lyon,
Samuel K. Moore VIM. c. Raymond,
j. l. Warren James S. Pr.stidgs
R. L. Buckner, Samuel F.. Boyd
SamI Friedlander. Joseph McElroy,
A. A. Yates E. B. Wheelock,
John l. Adams Cyrus Bussey,
Isaac Soherck, VIM. j. Behan,
B. +. Eshleman. my23 I'm