The New Orleans bulletin. [volume] (New Orleans [La.]) 1874-1876, 1875-07-20


NINTH ANNUAL STATEMENT
FACTORS AND TRADERS, INSURANCE
COMPANY,
37.-..-...-....C arondeIet Street. ...........37
NEW ORLEANS May 20, 1875.
The Trustees IN conformity with the charter Of the
Company, publish the following statement of it,
affairs for the year ending April 30, 1875 to wit:
PREMIUMS FOR THE YEAR
On Fire Risks $3.50, O73 80
On RIVER Rlsks 81, 2s9 70
On Marine Risks.-...--.. A 116 Il $685., 419 9S
LESS
DIFFERENTIATED premiums
3Oth April, 1875..--.--.- a9,742 90
Return premiums. .-....... 9,825 So 1867 50
Net earned premiums. $685. 1852 49
| LOSSES PAID To-wIT
| On fire risks. Sl34 367 30
| River risks. 126, 452 SO
| Marine risks 800 65-S269, ITO So
Re-reinsurance. ... 1860 62
Rebate returns. Is, 492 81
| State and city taxes 22615 "
| Gross expenses home Office
| and agencies 50 S99 81
Profit and Loss ,031 40 - 1890 $50 63
Balance -...-:-:...-..--:-...... sl45, 1869 Sc
received. .....---...-.-..--. 1o5,O54 81
ss5o,2a4 50
Less first semi annual interest on CAPT
tai stock paid and second now due 10000 90
Net profits :.--;-:-;-----:--------. 14o224 So
Less reserved for shrinkage in invest
ments. ACKNOWLEDGEMENTS. 1904 50
Balance to be divided on net premiums
of 1874-5 and unearned of 1s73-4.-. $117 1870 90
IHE COMPANY HAVE THE FOLLOWING ASSETS TOWIT:
Cash on hand -------.---.. 1894, 493 Is
Accounts in course of col
lection. -.... 50,325 At
Bills receivable for loans on
pledge Of stocks and
Bills receivable at short ~'-' "
dates 3so11 As
Bank and other stocks. 2lS 103 SIS
Stocks ofCity Railroads.. 1853 66
City and other bonds 06e1 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
Real estate ...: so'iss oo-s1, ,a15 IS
LIABILITIES
Capital stock 81 100 900 90
Reserved for DIFFERENTIATED
Unpaid dividends dnclud-
ing interest and pre-
MUM dividends April
81 1871 ---.----.-.--. III 655 %
Contingent Fund (surpus) 11e,s1s 65-s1 4s6 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
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 was resolved to pay DE-
MAND a SECOND SEMI-ANNUAL interest of
FIVE PER CENT to Both April, 1875 making ten
per cent per annum On the CAPITAL STOCK of the |
Company, ($1, 100 0O0) and CASH DIVIDEND of
TWENTY-FIVE PER CENT, to Stockholders on
the amount (S471 1859 49, of their participating
premiums for the year ending Both 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. NJ Walmsley
W. A. johnson, A. Brittin,
John l. Noble, A. H. May,
John Chaffe, S. II. SnOwden
Richard Mken, T. Lytt. Lyon,
Samuel E. Moore VIM. c. Raymond,
j. 1. Warren, James S. Prestidge
r. T. Buckner, Samuel III. Boyd
Saml Friedlander. Joseph McElrOy,
A. A. Yates, E. B. Wheelock,
John L Adams Cyrus Bussey,
Isaac Scherck VIM. j. BehaI,
B. f. Eshleman. my23 I'm