The New Orleans bulletin. [volume] (New Orleans [La.]) 1874-1876, 1875-07-23

I>~~>-~~>>~eo-o~>o~oon-o~
NINTH ANNUAL STATEMENT
FACTORS AND TRADERS INSURANCE
COMPANY,
37.............Ca rendelet Street.
NEW ORLEANS, May %, 1875.
The Trustees in conformity with the charter of tn,
Company, publish the following statement of it
affairs for the year ending April 80, 1875 to wit:
PREMIUMS FOR THE YEAR.
On Fire Risks. $3.50, 073 SO
On River Risks .---..----- &l, ~ IS
On Marine Risks........... A116 IL $685., 419 9s
| LESS
Untsrminated premiums
3Oth April, 1s75....--... 90, Tag 90
Return premiums. 1926 So &c. 67 SO
Net earned premiums. .......-........ s535 1872 49
On fire risks s134 367 80
River risks. 126 452 SO
| Marine risks 1920 65-ss69,1 ITO So
| Re-reinsurance. 1860 90
Rebate returns------. Is, 1872 81
State and city taxes. 226lS AS
| Gross expenses home Office
and agencies So 800 81
Profit and Loss. 40 - 1890 $50 SO
Balance. sl45,1 1863 Sc
received. ......-......-...--...-. 1o5,oA 81
s25o, PA 50
Less first semi annual interest on CAPT.
tai stock paid and second now due 10000 90
Net profits. 14o,224 So
ments. Observation-Disclosures. 1904 50
Balance to be divided on net premiums
Of 1s74-5 and unearned of 1s73-4... s11713o 90
dHE COMPANY HAVE THE FOLLOWING ASSETS ToWIT:
Cash on hand --......-...- 1884, s3 Is
Accounts in course of col
Bills receivable for loans on '- "
pledge of stocks and
Bills receivable at short $500 :
dates 3so11 As
Bank and other stocks. 21s, 103 SIS
Stocks OF City Railroads. 70 $40 66
City and other bonds 1l0651 Sc
Bonds of Masonic Grand
Lodge Of Louisiana. 5000 90
Bonds Of Odd Fellows Hall
Association 5000 90
Bonds of Association for
Relief of Jewish Wild.
Ows and Orphans. 1900 90
Real estate. 6o,135 O0-$l 1896 215 90
LIABILITIES
Capital stock. 81 100, 600 90
Reserved for DIFFERENTIATED
Unpaid dividends dnclud.
ing interest and pre-
MUM dividends April
30, 1875. ....---. III 655 %
Contingent Fund (surplus) lie, 1918 65$1 4s6 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 22d day of
May, 1875
EDWARD IVY. Notary Public
At special meeting of the Board of Trustees held
on the twentieth inst, it resolved 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, (S1, loo ,000) and CASH DIVIDEND of |
TWENTY-FIVE PER CENT, to Stockholders on |
the amount S471 1859 49, of their net 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 +. WALKER, Secretary.
MOSES GREENWOOD Vice President.
TRUSTEES
Moses Greenwood r. M. Walmsley,
w. A. johnson, A. Brittin
John L. Noble A. H. May
John Chaffe, S. H. Snowden,
Richard Milliken T. Lytt Lyon,
Samuel Z. Moore, VIM. c. Raymond,
J. l. Warren, James S. Prastidge,
r. T. Buckner, Samuel r. Boyd
Sam1 Friedlander. Joseph McElroy,
A. A. Yates, E. B. Wheelock,
John l. Adams, Cyrus Bussey,
Isaac Scherck, VIM. J. BehaH,
B. f. Eshleman. my23 I'm