The New Orleans bulletin. [volume] (New Orleans [La.]) 1874-1876, 1875-10-22
INSURANCE.

NINTH ANNUAL STATEMENT
FACTORS AND TRADERS INSURANCE
COMPANY,
..CarondeIet Street.
| 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 S360,O13 50
On Marine Risks........... A116 IL $685., 419 9.
| LESS
| DIFFERENTIATED premiums
3Oth April, 1s75...------ 9,742 90
Net earned premiums. ..--.--....-... 1886, 752 AZ
| LOSSES PAID To-wIT
| On fire risks. $134 357 30
River risks. 126, 49, 50
| Marine risks 800 65-$269, ITO So
| Re-reinsurance. ...... Ii, 1863 %
| Rebate returns. 10, 4y2 81
State and city taxes. 22,6lS 46
Gross expenses home office
and agencies so, e99 81
Profit and Loss. 6,O3l 40 = s39o5s2 So
Balance. sl45,ls SO
| Add interest and discount and savings
received. ACKNOWLEDGEMENT. 1o5,o54 81
sa5o,2a4 50
Less first semi annual interest on CAPT.
tai stock paid and second now due 10000 90
Net profits. ACKNOWLEDGEMENTS. 14O,2a4 So
Less reserved for shrinkage in invest
ments ................... 1904 So
Balance to be divided on net premiums
of 1915 and unearned of 1854. s1l7,13O 90
The COMPANY HAVE THE FOLLOWING ASSETS TC-WIT
Casn on nand- -------.---,- $5s4'4o3 10
Accounts in course Of col
Bills s1 receivable for loans on '~' :"
pledge OF stocks and
bonds. $50, 923 o.
Bills receivable at short
Observation-Disclosures. 3so11 As
Bank and other stocks. 21s 1O3 SIS
Stocks OfCity Railroads 79549 66
City and other bonds. ITO 66l 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 6ol35 oo-tl, 48e, a15 sc
LIABILITIES
Capital stock. -......-.--.$1,10 100 900 90
Reserved for DIFFERENTIATED
Risks. S9742 90
Unpaid dividends dnclud.
ing interest and pre-
nium dividends April
80 1875. .-.--.. 1T 655 %
Contingent Fund (surpus) 1888 65-$1 1856 215 SO
The foregoing lisa 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 resolved to pay on De
MAND a 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, ($1, 10C 000) and CASH DIVIDEND of |
TWENTY-FIVE PER CENT, to Stockholders on |
the amount (S471 769 s6) 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 M Walmsley,
W. A. johnson, A. Brttin,
John l. Noble, A. H. May,
John Chaffe, S. II. Snowden
Richard Miliken, L. Lytt. Lyon,
Samuel E. Moore VIM. C. Raymond,
J. !. Warren, James S. Pr1stdge
r. T. Buckner Samuel F.. Boyd
Sam1 Friedhnder. Joseph McElroy,
A. A. Yates, E. B. Wheelock,
John l. Adams Cyrus Bussey,
Isaac Scherck, VIM. j. Behan,
B. F. Eshleman. my23 I'm |