The New Orleans bulletin. [volume] (New Orleans [La.]) 1874-1876, 1875-05-27
INSURANCE.


| NINTH ANNUAL STATEMENT
FACTORS AND TRADERS INSURANCE
COMPANY,
Care ndelet Street.
NEW ORLEANS, May 90, 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 .s360,07 30
On River Risks. .-...--.-.. 23l 229 .
On Marine Risks. A 116 A. $685., 419 80
LESS
DIFFERENTIATED premiums
30th April, 1s15......... SO 742 90
Return premiums 9,925 So 99,667 so
LOSSES PAID, To-wIT:
On fire risks. 1884 1867 30
River risks. 126 4a2 50
Marine risks Z 800 65-$269, 1705
Rereipsurance $685.. 1860 62
Rebate returDs------- 10 1872 81
State and city taxes. 22.6lS 46
Gross expenses home Office -
and agencies % e99 q ..
Profit and LOSS -....--- 1t, Oh 40 - $500. 5S2 63
Balance ACKNOWLEDGEMENTS. sl45,16e Sc
received ....... 1O5O54 CT
sa5Oaai 50
Less first semi annual interest on CAPT.
tai stock paid and second now due 10000 90
Net profits. Observation-Disclosures. 14o,2a4 SO
Less reserved for shrinkage in invest
ments. Observation-Disclosures. 1904 SO
Balance to be divided on net premiums
of 1915 and unearned of 1e73-4-- $117, 100 90
The COMPANY HAVE THE FOLLOWING ASSETS To-wIT:
Cash on hand. $780,, 4s3 Is
Accounts in course OF col
lection 5O32s AZ
Bills receivable for loans on ~
pledge Of stocks and
DOpds o22g23 Va
Bills receivable at shors
dates 3a,o11 As
Bank and other stocks laIO3 IS
Stocks OfCity Railroads. :. 79549 &C
City and other bonds Ito 6S1 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 1000 90
Real estate ... 60 1876 OO-$1 4s6, 215 90
LIABILITIES
Capital stock. 81 100, 900 90
Reserved for DIFFERENTIATED
Unpaid dividends dnciud.
ing interest and pre-.
MUM dividends April
80 1875. -...-...--. III 655 %
Contingent Fund (surplus 11se1s 65-S1, 1856 215 90
The foregoing is true and correct transcript from
Els. a. PALFREY. President
THOs. F. 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
on the twentieth inst it resolved to pay on DE
MAND SECOND SEMI-ANNUAL interest of
FIVE PER CENT to 3Oh April 1875, making ten
Der cent per annum on the CAPITAL STOCK Of the |
COmpany 49, 100 ,OO0) 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
Of their unearned participating premiums for the |
year ending 30th April 1874. |
THos f. WALKER Secretary.
MOSES GREENWOOD, Vice President.
TRUSTEES. |
Moses Greenwood r. M. Walmsley, |
w. A. johnson, A. Brttin,
John l. Noble A. H. May,
John Chaffe, S. H. SnOwden
Richard Milliken, L. Lytt. LYON, |
Samuel E. Moore, VIM. G. Raymond, |
J. Warren, James S. Pr stdge, |
r. L. Buckner Samuel II. Boyd |
Sam1 Friedlander. Joseph McElrOy,
A. A. Yates E. B. WheelOck,
John !. Adams, Cyrus Bussey,
Isaac Scnerck VIM. J. BehaH,
B. F. Eshleman. my23 I'm