The New Orleans bulletin. [volume] (New Orleans [La.]) 1874-1876, 1875-09-24

| lNSUhANCEs
| NINTH ANNUAL STATEMENT
-oE The
FACTORS AND TRADERS INSURANCE
COMPANY,
| .Carendelet Street. ............37
NEW ORLEANS May 20. 1875.
The Trustees in conformity with the charter OF the
Company, publish the following statement Of its
affairs for the year ending April 80, 1875 to wit:
PREMIUMS FOR THE YEAR.
On Fire Rske. ,073 80
On River Risss-----...----. 23l ,2s9 IS 800 40 90
LESS
Untsrmnated premiums
| 30th April, 1s75...-..... ,742 90
| Return premiums. ......... 1925 So 99,667 50
Net earned premiums. ............. 1886, 1852 40
On fire risks ..s1s4 3S7 80
River risks. 126 452 SO
Marine risks 800 65-$269 17053
Rereinsurance. 1859 62
Rebate returns. Is, 492 81
State and city taxes. 22,616 46
Gross expenses home Office
ana agencies sys q :.
Profit and LOss. 10 WI ~ = $50, 5S2 63
Balance. ACKNOWLEDGEMENTS. sl45, 1859 So
received. ACKNOWLEDGEMENTS. 1o5o54 ST
sa5o2a4 So
Less first semi. annual interest on CAPT.
tai stock paid and second now due 10000 90
Net profits. .... 14o,as4 50
Less reserved for shrinkage in invest
ments. ACKNOWLEDGEMENT. 1904 50
Balance to be divided on net premiums
of 1s74-5 and unearned Of 1s734... s117,13O 90
THE COMPANY HAVE THE FOLLOWING ASSETS To.wIT
Cash on hand .........-... ES94, 4oS 10
Accounts in course Of col
Bills 1 receivable for loans on '~' :
pledge Of stocks and 100000,
Bills receivable at short
dates 3s,o11 As
Bank and other stocks. 21s, 103 SIS
Stocks ofCity Railroads. 1850 66
City and other bonds. 110,65l 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
ows and Orphans.-.--. 1000 90
Real estate 6O, lbs O0-$1 49,, 215 90
LIABILTRs-
Capital stock 100, 900 90
Reserved for DIFFERENTIATED
Unpaid dividends fnciud. ''~
ing interest and pre-
MUM dividends April
81, 1873. TT 655 %
Contingent Fund (surplus) 1883 65-s1 4s6 215 90
The foregoing isa true and correct transcript from
EP. 4. PALFREY. President
THos. f. WALKEh, Secretary.
STATE OF LOUISIANA
Parish of Orleans, City of New Orleans.
Sworn to and subscribed before me- this ed day Of
May, 1875.
EDWARD IVY. Notary Public.
At special meeting of the Board of Trustees held
on the twentieth inst it was resolved to pay DE-
MAND q 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, Ion, 0O0,) and CASH DIVIDEND of |
TWENTY-FIVE PER CENT, to Stockholders on |
the amount (S471 769 49, of their net participating
premiums for the year ending 30th april, 1875 and
Of their unearned participating premiums for the
year ending 30th 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 I. Noble, A. H. May, |
John Chaffe S. II. Snowden, |
Richard Milliken, T. Lytt. Lyon,
Samuel e. Moore, VIM c. Raymond, |
j. I. Warren James s. Prostidge,
R. 7. Buckner, Samuel F.. Boyd,
Sam1 Friedlander. Joseph McElrOy, |
A. A. Yates E. B. Wheelock,
John l. Adams Cyrus Bussey, |
Isaac Scherck, VIM. j. Behal, |
B. +. Eshleman. my23 I'm