The New Orleans bulletin. [volume] (New Orleans [La.]) 1874-1876, 1875-07-16

INSURANCE.
>~>~~~~>>~~-~~-~~-~~o~~--
NINTH ANNUAL STATEMENT
FACTORS AND TRADERS, INSURANCE
COMPANY,
37...........C arendeIet 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 wits
PREMIUMS FOR THE YEAR.
On Fire Risks $360,07 80
On River R1Sks--- 23i,2S9 10
On Marine Risks........... A. 116 A. $685. 419 SO
LESS
DIFFERENTIATED premiums
Both April, 1675.--..--- s9742 90
Return premiums. 9925 So 9e,667 so
Net earned premiums 1886 752 40
| LOSSES PAID, To-wTT:
On fire risks -S134 367 30
| River risks. LEI, 462 SO
| Marine risks 800 65-$269, 40 SO
Re-reinsurance. 1860 81
Rebate returns Is, 81
State and city taxes 22,61S 46
Gross expenses home office
and agencies. 50 1893 81
Profit and Loss. 6,o3l 40 = ssso5ss So
Balance. $l45, 1863 Sc
! Add interest and discount and savings
received. ACKNOWLEDGEMENT. 1o5,o54 81
$3.50, pa 50
Less first semiannual interest on CAPT.
tai stock paid and second now due 10000 90
Net profits. 1N2a4 50
Less reserved for shrinkage in invest
ments. ACKNOWLEDGEMENT. 1904 50
Balance to be divided on net premiums
of 1915 and unearned of 1s73-4... s117 100 90
THE COMPANY HAVE THE FOLLOWING ASSETS To-wIT:
Cash on hand -----.-.---.. 1884,, 4s3 Is
Accounts in course of col
Bills receivable for loans on '
pledge of stocks and
bonds ---:.----.:-... 522,s23 o.
dates 3so11 As
Bank and other stocks. 218 103 SIS
Stocks OfCity Railroads. -. 1850 66
City and other bonds. 110681 Sc
Bonds of Masonic Grand
Lodge of Louisiana 5000 90
Bonds of Odd Fellows Hall
Association. 5000 90
Bonds of Association for
Relief of Jewish Wild
ows and Orphans. 1000 90
neal estate ----..-----. on 10 Oo-$l, 4e6,2I5 6S
LIABILITIES
Capital stock 81, 100 900 90
Reserved for DIFFERENTIATED
Unpaid dividends dncud-
ing interest and pre-
MUM dividends April
Contingent Fund (surplus) 11s,s1s IS 4s6 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 ed day of
May, 1875.
EDWARD IVY. Notary Public.
At special meeting of the Board of Trustees held
the twentieth inst it resolved to pay on De
MAND SECOND SEMI-ANNUAL interest of |
FIVE PER CENT to 3Oth April, 1875 making ten |
per cent per annum on the CAPITAL STOCK of the |
Company, 81, 10C 000,) and CASH DIVIDEND of |
TWENTY-FIVE PER CENT, to Stockholders on |
the amount (s47 1863 s8) 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. +. WALKER, Secretary
MOSES GREENWOOD, Vice President.
TRUSTEES. |
Moses Greenwood r. M. Walmsley,
w. A. Johnson A. Brittip, |
John I. Noble, A. II. May,
John Chaffe, S. H. Snowden, |
Richard Milliken, T. Lytt. Lyon,
Samuel E. Moore, VIM. c. Raymond, |
]. l. Warren, James S. Pr stidge, |
r. I. Buckner, Samuel a. Boyd,
Saml 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