The New Orleans bulletin. [volume] (New Orleans [La.]) 1874-1876, 1875-08-24

INSURANCE..
| ~~~>~~~c~oo..o~>~o~~~~
INNTH ANNUAL STATEMENT
FACTORS AND TRADERS INSURANCE
COMPANY,
.Carendelet Street. ...........37
NEW ORLEANS, May 90 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. 1850, 073 80
| On RIVER hlsAs ............. So!,ISS 70 -
On Marine Risks........... A116 IL $685., 419 SO
| LESS
Untsrminsted premiums
3Oth April 1s75......... se,742 90
Net earned premiums $535, 1852 40
| LOSSES PAID, TO-wIT:
On fire risks .s134 367 80
| River risks. 126, 452 SO
| Marine risks : 800 IS se6s, 7o53
Re-reinsurance. 14,369 81
Rebate returns.----.. 1892 81
State and city taxes. 1918 As
Gross expenses home Office
and agencies. .....---. SO, o99 81
Profit and Loss. l6 OIL 40 - 1890. $50 63
Balance. .....:..:.........:.-.... s145, 1869 So
Add interest and discount and savings
received. ................. 1o5,o54 81
sa5o,2a4 50
Less first semi. annual interest on CAPT.
tai stock paid and second now due 10000 90
Net profits. 14o,aa4 So
Less reserved for shrinkage in invest
ments. ACKNOWLEDGEMENT. 1904 50
Balance to be divided on net premiums
of 1915 and unearned of 16734... $117, 1870 90
THE COMPANY HAVE THE FOLLOWING ASSETS TC.WIT
Cash on hand. ............. 1894, 4S3 Is
Accounts in course of col
Bills receivable for loans on
pledge OF stocks and
bonds. .-................ So, s23 o.
dates. 3s.o11 Is
Bank and other stocks. 218,1O3 IS
Stocks ofCity Railroads.. 1850 66
City and other bonds...... uO6a1 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. ..e.....::.::: 60 is 49,, a15 IS
LIABILITIES
Capital stock 81, 100 900 90
Reserved for DIFFERENTIATED
Unpaid dividends Gnciud. "~ "
ing. interest and pre-
MUM dividends April
80 1879 ............... III 655 q
Contingent Fund (surplus) 1883 IS 81 1856 215 SO
The foregoing isa true and correct transcript from
Eb. A. PALFREY, President.
THos T. 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
On the twentieth inst it was resolved to pay on De
FIVE PER CENT to 3Oth April 1875, making ten
per cent per annum on the CAPITAL STOCK Of the
Company, 81, 1Ot ,O00) and CASH DIVIDEND of
Twenty-Five PER CENT, to Stockholders on
The amount $47l 1859 ss) Of their net participating
IF their unearned participating premiums for the
year ending 30th April 1874.
ED. A. PALFREY, President. -,
THOs. +. WALKER, Secretary.
MOSES GREENWOOD Vice President
TRUSTEES
Noses Greenwood r. M. Walmsley, !
W. A. johnson, A. Brittin,
John l. Noble, A. II. May
John Chafe, S. II. Snowden,
Richard Miliken, T. Lytt Lyon,
samuel E. Moore, VIM. C. Raymond
T. l. Warren, James S. Pr stidge. |
Z. T. Buckner Samuel F.. Boyd II
ami Fredlander. Joseph McElroy 4,
l. A. Yates, E. 3. Wheelock,
ohm /. Adams, Cyrus Bussey
saac Scherck, VIM. j. Behan, IL
B. f. Eshleman. my23 I'm =