The New Orleans bulletin. [volume] (New Orleans [La.]) 1874-1876, 1875-08-12


NINTH ANNUAL STATEMENT
FACTORS AND TRADERS INSURANCE
COMPANY,
37............. Carendelet Street. .........3.
NEW ORLEANS, May %, 1875.
The Trustees in conformity with the charter of the
| Company, publish the following statement of it,
affairs for the year ending April 80 1875, to wit:
| PREMIUMS FOR THE YEAR.
| On Fire Risks $780, 73 80
/ On River Risks -....-.--.-. 23l, 20 IS
On Marine Rsks........... 44116 IL $685., 419 90
LESS
Unterminated premiums
| Both April 1675..-....-. 80 742 90
Return premiums. 9,925 So 99,667 so
Net earned premiums. 1856, 1852 40
LOSSES PAID, To-wIT:
| On fire risks. .s134 1867 30
River risks. 126, 482 SO
Marine risks i 800 65- $3.50, ITO So
Re-reinsurance.-- l4'369 62
Rebate returns. Is 492 81
State and city taxes. 22618 As
Gross expenses home Office
ps ana agencies % nv sys 81 81 .,oo zoo >,
Balance ......-..-......... sl45, 1869 So
received. ....----.-.--..--...-. 1o5,o54 81
ss5osa4 50
Less first semi. annual interest on CAPT
tai stock paid and second now due 10000 90
Net profits. 14O,2a4 50
Less reserved for shrinkage in invest
ments. ACKNOWLEDGEMENT. 1904 SO
Balance to be divided on net premiums
of 1915 and unearned of 18734... $117 100 90
The COMPANY HAVE THE FOLLOWING ASSETS TC.WIT
Cash on hand. x394 4S3 10
Accounts in course of col
lection 5032s AZ
Bills receivable for loans on
pledge Of stocks and
Bills receivable at short '
Bank and other stocks. 21S, 1903 SIS
Stocks of City Railroads.. 1850 66
City and other bonds. 110,661 Sc
Bonds of Masonic Grand
Lodge of Louisiana. 5000
Bonds Of Odd Fellows Hall
Association. ..-.------ 5000 90
Bonds of Association for
Relief of Jewish Wild
Real estate ..--......... 6O,l35 0o-s 4se, a15 SO
LIABILITIES
Capital stock. 100, 900 90
Reserved for DIFFERENTIATED
Unpaid dividends fnciud.
ing interest and pre-
MUM dividends April
80 1879 17655 @
Contingent Fund (surplus) 1883 65s1 4s6 215 SO
The foregoing is true and correct transcript from
the books Of the Company.
ED. A. PALFREY, President.
THO5. +. WALKER, Secretary.
STATE OF LOUISIANA, |
Parish of Orleans City of New Orleans |
Sworn to and subscribed before me- this lad 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 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
81 loo ,000,) and CASH DIVIDEND of
TWENTY-FIVE PER CENT to Stockholders on
the amount ($471 1853 ss of their net participating
premiums for the year ending 3Oth april 1875, and
of their unearned participating premiums for the
year ending 3oth April 1874.
ED. A. PALFREY, President.
THos f. WALKER, Secretary.
MOSES GREENWOOD, Vice President.
TRUSTEES.
Moses Greenwood r. M. Walmsley,
W. A. Johnson A. Brittin,
John L Noble A. n. May,
John Chaffe, S. Fl. Snowden,
Richard Milliken, L. Lytt Lyon,
Samuel e. Moore, VIM. c. Raymond
]. l. Warren, James S. Prastidge,
R. T. Buckner, Samuel F.. Boyd,
Sam1 Friedlander. Joseph McElroy
A. A. Yates, e. B. Wheelock
John I. Adams, Cyrus Bussey
Isaac Scherck, VIM. j. Behan,
B. f. Eshleman. my23 I'm |