The New Orleans bulletin. [volume] (New Orleans [La.]) 1874-1876, 1875-10-06

INSURANCE.
lNNTH ANNUAL STATEMENT
FACTORS AND TRADERS, INSURANCE
COMPANY,
.Carendelet Street.
NEW ORLEANS, May 20, 1875.
The Trustees in conformity with the charter of tn
Company, publish the following statement of it
affairs for the year ending April 30, 1875 to wit:
PREMIUMS FOR THE YEAR
On Fire Risks $3.50, 073 SO
| On hIver RISKS .-------.--.. ~, ~ % -
On Marine Risks........... 44116 IL $685., 419 IS
| LESS
DIFFERENTIATED premiums
3Oth April, 1s75.-...... 1919 90
Return premiums. .-....... 9,925 So 99,667 Sc
Net earned premiums. $685. 1852 49
| LOSSES PAID, To.wIT:
| On fire risks. .$134 3S7 80
River risks. 126, 4S2 SO
Marine risks = $40 65-$269, ITO So
Re-reinsurance- 1859 SO
Rebate returns Is, 1872 81
State and city taxes. 2261S As
Gross expenses home Office
and agencies. 80 S99 u
Profit and Loss. liz, OBJ 40 - $500. 5S2 So
Balance. ......:.....-....-:...... sl45, 1869 So
Add interest and discount and savings
eceived.........--..........- 1o5,o54 81
$50, PA 50
Less first semi annual interest on capt.
tai stock paid and second now due 10000 90
Net profits. 14O2s4 So
ments. ACKNOWLEDGEMENT. 1904 50
Balance to be divided on net premiums
of 1s7+5 and unearned Of 1s734... s117.1 90
The COMPANY HAVE THE FOLLOWING ASSETS TC-wIT
Cash on hand. ------..----. $780,, 4S3 Is
Accounts in course Of col
Bills receivable for loans on '
bonds. :...-....:.--. 5as, 1928 o.
Bills receivable at short
dates. 3s,o1145
Bank and other stocks. -. 21s1Os S.
Stocks Of City Railroads.. 1850 &c
City and other bonds. ..... 11O661 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. co. 1876 OO-s1 4s6, a15 &c
LIABILITIES
Capital stock. 81, 100, 900 90
Reserved for DIFFERENTIATED |
Unpaid add dividends Cincind. o. ~ "
ing interest and pre-
MUM dividends April
80, 1879 III 655 %
Contingent Fund (surplus) 1858 65-$1 1856 215 90
The foregoing is true and correct transcript from
Eb. A. 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
IN the twentieth inst it resolved to paw on DE-
MAND SECOND SEMI-ANNUAL interest of
FIVE PER CENT to 3Oth April 1875, making ten |
per cent per annum on the CAPITAL STOCK Of the
company, $1, 10C ,000) and CASH DIVIDEND of
TWENTY-FIVE PER CENT, to Stockholders on
he amount $471 769 ss,) of their net participating
premiums for the year ending 3Oth April 1875, and
# their unearned participating premiums for the
rear ending 30th April 1874.
ED. A. PALFREY, President
THos +. WALKER, Secretary. |
MOSES GREENWOOD, Vice President
TRUSTEES.
loses Greenwood r. NJ. Wa,msley,
v. A. johnson A. BrittiD,
ohm 1. Noble, A. H. May,
ohm Chaffe S. II. Snowden, II
richard Milliken, Z. Lytt. Lyon,
amuel e. Moore, VIM. c. Raymond,
L Warren, James S. Prcstidge
!. T. Buckner, Samuel F.. Boyd, i
anil Friedlander Joseph McElroy
!. A. Yates, E. B. WheelOck
ohm l. Adams, Cyrus Bussey
saao Scherok, VIM j. BehaH, II
B. f. Eshleman. my23 I'm | ,