The New Orleans bulletin. [volume] (New Orleans [La.]) 1874-1876, 1875-08-05

| INSURANCE.
NMTH ANNUAL STATEMENT
FACTORS AND TRADERS, INSURANCE
COMPANY,
.Carondelet 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 1875, to wit:
PREMIUMS FOR THE YEAR.
On Fire Risks S360,073 70
On River klsks-. 23l, ~ 70
On Marine Risks.......... A,116 fl $685. 419 SO
LESS
DIFFERENTIATED premiums
Both April, 1875.----... s9742 90
Return premiums. ....-... 1926 So 99,667 50
Net earned premiums. S535, 1852 40
| LOSSES PAID, To-wIT:
| On fire risks. s13f 1861 30
| River risks. log, 4s2 SO
Marine risks 800 65-S269, 40 SO
| Re-reinsurance- 1889 81
| Rebate returns.----. IS 492 81
State and city taxes. 2,61e 46
Gross expenses home office
and agencies 81, 800 81
Profit and Loss. ......... OBJ 40 = $500 $50 SO
Balance. s145, 1863 SO
received ..-...-.--.--...-.....-. los 054 81
$3.50, 2a4 50
Less first semi annual interest on CAPT.
tai stock paid and second now due 10000 90
Net profits. 14O,224 50
Less reserved for shrinkage in invest
ments. ACKNOWLEDGEMENTS. 1904 50
Balance to be divided on net premiums
of 1S74-5 and unearned of 1s734... s117,130 90
The COMPANY HAVE THE FOLLOWING ASSETS TC-VIT:
Cash on hand .---....-.-.. 1894, 453 Is
Accounts in course of col
Bills receivable for loans on
pledge OF stocks and
Bills receivable at short
dates 3so114 As
Bank and other stocks. 21S 1903 IS
Stocks ofCity Railroads.. 79549 Sc
City and other bonds. 110651 So
Bonds of Masonic Grand
Lodge of Louisiana. 5000
Bonds of Odd Fellows Hall
Association. .-.. 5000 90
Bonds of Association for
Relief Of Jewish Wild |
Real estate ..-....... 60, iss OO-sl 4ss, a15 50
LIABILITIES
Capital stock. 81, 100, 900 90
Reserved for DIFFERENTIATED
Risks. s9742 90
Unpaid dividends dnciud.
ing interest and pre-
MUM dividends April
30 1879 III 655 %
ConungenI una tSurpuS) llc,clS bo-$l, 4S6 2l5 SS
The foregoing is true and correct transcript from
the books Of the Company.
u - - E6. 4. PALFREY, President.
THos. +. WALKER, Secretary.
STATE OF LOUISIANA ! |
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
.n the twentieth inst it was resolved to pay DE-
MAND 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, Isl, l0 ,000) and CASH DIVIDEND of ,
TWENTY-FIVE PER CENT, to Stockholders on
The amount S47l, 769 ss) of their net participating
premiums for the year ending 30th april 1875 and
IF their unearned participating premiums for the
year ending Both April 1874.
ED. A. PALFREY, President ,
THOs +. WALKER, Secretary.
MOSES GREENWOOD, Vice President.
TRUSTEES.
Noses Greenwood r. M. Walmsley :
W. A. johnson, A. Brittp
Lohn |. Noble A. H. May,
ohm Chafe, S. FL. Snowden, II
Richard Milliken, T. Lytt. Lyon
amuel e. Moore, VIM. C. Raymond,
!. Warren, James S. p. stidge
I. 7. Buckner, Samuel F. Boyd, II
ami Friedander. Joseph McElroy, ,
|. A. Yates, z. B. Wheelock,
ohm /. Adams, Cyrus Bussey
saac Scnerck, VIM j. BehaH I
B. F. Eshleman. my23 I'm r