The New Orleans bulletin. [volume] (New Orleans [La.]) 1874-1876, 1875-12-21
INSURANCE.

INSURANCE.
NINTH ANNUAL STATEMENT
FACTORS, AND TRADERS, INSURANCE
COMPANY,
37.....-... Carondeler simultaneously
NEW ORLEANS, May 90 1875.
The Trustees in conformity with the charter of the
Company, publish the following statement OF Its
affairs Tor the year ending April 80 1875, to wit
PREMIUMS FOR THE YEAR.
On Fire Risks s360,073 80
On River Risks 23l,2!9 70 - - o
On Marine Risks........-.. 4116 ii $685. al9 80
LESS
DIFFERENTIATED premiums
Both April, 1S75..--.--- 1912 90
Return premiums. ... 1926 So 1861 so
Net earned premiums. 1855 752 40
LOSSES PAID To-NIT
On fire risks S18 J67 30
River risks. l26, 1872 50
Marine risks { 800 65-s269, ITO So
Rerelnsurance ~ boS -
Rebate returns 1892 81
State and city taxes p, 6lo 40
Gross expenses home office
ana agencies y 6 5g9 81 81 s,oo "a 60
PI0ht and LOSS. ,O3I ~ - s'so'oo2 %
Balance . $l45,l 69 SO
Add interest and discount and savings
received. 105,054 81
ga So
Less first semi interest on CAPT
tai stock paid and second now due IO,0OO w
Net profits. 14O,224 SO
ments. $50. 1904 So
Balance to be divided on net premiums
Of 1915 ana nnearned of ls734... s117, 1870 90
THE COMPANY HAVE THE FOLLOWING ASSETS TC-WlT
Cash on hand NATURALIZATION S394, 4o3 10
Accounts II. course OF col
lection. 5U32S AZ
Bills receivable for loans on
pledge of stocks and
bonds ..-. 522 923 O4
Bills receivable at short
Bank and other stocks. 2ls, l03 So
Stocks ofCiry Railroads. 1919 60
City and other bonds l10,65l ID
Bonds Of Masonic Grand
Lodge of Louisiana 5000
Bonds of Odd Fellows Hall
Association. 5000 90
Bonds of Association for
Relief of jewish Wild
and Orphans 1000 %
Real estate ... G,135 00-sl 4a6, 215 s.
LIABILITIES
Capital stock. II ,l00,O0O W
Reserved for DIFFERENTIATED
Unpaid dividends (nclnd-
ing interest and pre-
MUM dividends April
80 1879 ..--.-. 1T 655 %
Contingent Fund (surplus 1lsslS 65-s1, 4a6 2l5 &C
The foregoing true and correct transcript from
the books of the Company.
ED. 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 22d day of
May, 1875
EDWARD IVY, Notary Public. |
At special meeting of the Board OF Trustees, held
on the twentieth inst it resolved to pay on DE |
MAND SECOND SEMI-ANNUAL interest of
FIVE PER CENT to Both April 1875, making ten
per cent per annum the CAPITAL STOCK of the |
Company, Isl, 100 0O0J ana CASH DIVIDEND of
TWENTY-FIVE PER CENT, TO Stockholders on
the amount S47l 769 49, of their net participating
premiums for the year ending 30th April 1885, and
of their unearned participating premiums for the
year ending 30th April, 1874
ED. A. PALFREY, President
THOs. T. WALKER Secretary.
MOSES GREENWOOD Vice President
TRUSTEES.
Moses Greenwood r. N. WaImsley,
w. A. johnson, a. Brlttln,
John l. Noble A. II. May
John Chaffe, S. H. SnOwden,
Richard Miiken, Il. Lytt Lyon,
Samuel E. Moore VIM. G. Raymond,
j. l. Warren, James 5. Prastidge
r. T. Buckner, Samuel +. Boyd,
Saml 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