The New Orleans bulletin. [volume] (New Orleans [La.]) 1874-1876, 1875-12-01
INSURANCE.

| 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 its
affairs for the year ending April 80, 1876 to wit:
PREMIUMS FOR THE YEAR
On Fire Risks ,073 80
On hlvef RISKS 81 ,229 70
On Marine Risks..-.....-.. H,116 ii $685., 419 SO
LESS
DIFFERENTIATED premiums
Both April, 1675........- s9,742 90
Return premiums 1926 So 99,667 so
Net earned premiums s535, 752 40
LOSSES PAID, To-wIT
On fire risks. 1874 367 30
River risks. 126, 4s2 SO
Marine risks 8 800 65-s269, 17o53
R6-relnsuTance. Ii, 1863 62
Rebate returns. 1892 81
State and city taxes. % Gig 46
Gross expenses home office
ana agencies -52, S99 u
Profit and Less. 1t, OBJ 40 - $390.582 So
Balance. ..................-.. s145,16s SO
received. ......................-. 1o5,o54 81
s25o,224 50
Less first semiannual interest on CAPT.
tai stock paid and second now due 10000 90
Net profits. ACKNOWLEDGEMENTS. 14O,224 50
Less reserved for shrinkage in invest
ments. ACKNOWLEDGEMENTS. 1904 SO
Balance to be divided on net premiums
of ls74-5 and unearned of 1s73-4... s117,13O 90
IHE COMPANY HAVE THE FOLLOWING ASSETS TC-WIT
Cash on hand. 1894, 4S3 Is
Accounts in course of col
lection ........-.....--. 5O,32S Al
Bills receivable for loans on
pledge OF stocks and
Bills receivable at short
dates 3s,O11 IS
Bank and other stocks. 21S 103 SIS
Stocks ofCity Railroads.. 1853 &c
City and other bonds. 1106ol 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. TO- 135 00-$1, 4o6, 215 90
Capital stock. 81, 100 900 90
Reserved for DIFFERENTIATED
Risks -..-... ss,742 90
Unpaid dividends Gnclud.
ing interest and pre-
MUM dividends April
~, 1879 -.-....-.----- III, 800 %
Contingent Fund (surpus) 115,s1S 65-s1 4s6 215 90
The foregoing is true and correct transcript from
the books Of the Company
Eb. 4. 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
On the twentieth inst it was resolved to pay DE
MAND SECOND SEMI-ANNUAL interest of
FIVE PER CENT to Both April, 1875, making ten
per cent per annum on the CAPITAL STOCK of the
Company, 81, 1OO ,000) and CASH DIVIDEND of
TWENTY-FIVE PER CENT, to Stockholders on
The amount ($471 1853 ss) of their net participating
premiums for the year ending 30th April, 1875, and
IF their unearned anticipating premiums for the
year ending 3Oth April 1874.
ED. A. PALFREY, President.
THOs. f. WALKER Secretary
MOSES GREENWOOD, Vice President
TRUSTEES.
Noses Greenwood r. M. Walmsley,
w. A. johnson, A. BrittiD,
John l. Noble, A. H. May,
John Chaffe, S. II. SnOwden,
Richard Mliken, T. Lytt. Lyon,
samuel E. Moore VIM c. Raymond,
r. I. Warren, James S. Prestidge,
R. T. Buckner, Samuel F. Boyd,
;am1 Friedlander. Joseph McEr0y
l. A. Yates, E. B. Wheelock,
Ohm I. Adams Cyrus Bussey,
saac Scherck VIM. j. BehaA,
B. F. Eshleman my23 I'm