The New Orleans bulletin. [volume] (New Orleans [La.]) 1874-1876, 1875-11-23
INSURANCE.

NINTH ANNUAL STATEMENT
FACTORS, AND TRADERS INSURANCE
37.. Carondeler Street.3s
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 30, 1875 to wit;
PREMIUMS FOR THE YEAR
On Fire Risks. 073 SO
| On RIVER RISKS ---.-. 23l 2S IS
On Marine Risks.......--.. A116 IL $685., 419 SO
| LESS
DIFFERENTIATED premiums
| Both April, 1S75......... e9,742 90
Return premiums. 1925 So 1861 so
Net earned premiums .. $685., TSP 40
LOSSES PAID. To-wIT:
On fire risks S134 3G7 30
| River risks. 126 4S2 SO
Marine risks 800 65-S269, 40 So
| Rerelnsurance- 1850 90
Rebate returns Is, 492 81
State and city taxes. 22,61S 46
Gross expenses home Office
| and agencies 81 s99 81
Profit and Loss. Ii, 031 40 - $500 $50 SO
Balance. .-,.-;.:.-.-..-.-,--..... sl45,l6 So
received. ...-...--..-......... 1o5,o54 81
s25o2a4 50
| Less first semi annual interest on CAPT.
tai stock paid and second now due 10000 90
Net profits. 14o,224 50
Less reserved for shrinkage in invest
ments. ACKNOWLEDGEMENT. 1904 50
Balance to be divided on net premiums
Of 1915 and unearned of1s73-4.. s117,13o 90
dHE COMPANY HAVE THE FOLLOWING ASSETS TC-wIT
Cash on hand .. 1884 4o3 Is
Accounts in course of col
Bills s1 receivable for loans on 'O'S' "
pledge OF stocks and
bonds. $50 923 o.
Bills receivable at short
dates. 3s,o11 IS
Bank and other Stocks 2Is1O3 IS
Stocks ofCity Railroads.. 1883 Sc
City and other bonds 11O,6S1 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...-.. 1900 90
Real estate. 60 135 00-$1 49, 215 SO
LIABILITIES
Capital stock 81 100 900 90 |
Reserved for DIFFERENTIATED |
Unpaid dividends (incud-
ing interest and pre-
MUM dividends April
80 1879 . III 655 o
Contingent Fund (surplus) 1883 65-s1 1856 215 90
The foregoing is true and correct transcript from
the books Of the Company
ED. A. PALFREY President
THos +. WALKER, Secretary.
STATE OF LOUISIANA, I
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 on 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, loo 000) and CASH DIVIDEND of
PER CENT, to Stockholders on
the amount (s47l 100 49, of their net participating
premiums for the year ending Both April 1875, and
Of their unearned participating premiums for the
year ending Both April 1874
ED. A. PALFREY, President
THos. F. WALKER Secretary. II
MOSES GREENWOOD Vice-rresde1t.
TRUSTEES.
Moses Greenwood r. M. Walmsey,
W. A. johnson, A. BrittiD,
John I. Noble, A. II. May II
John Chaffe, S. H. SnOwden, . ,
Richard Millken, L. Lytt Lyon,
samuel e. Moore VIM. C. Raymond
7. l. Warren, James S. Pr.stidge
r. T. Buckner Samuel F.. Boyd +,
,am1 Friedlander. Joseph McElroy
L. A. Yates, E. B. Wheelock
John ]. Adams, Cyrus Bussey, IT
saac Scherck, VIM. j. Behal :
3. +. Eshleman. my23 I'm