The New Orleans bulletin. [volume] (New Orleans [La.]) 1874-1876, 1876-02-23

WEDNES DAY E:BRUA
INSURANCE.
--s~~-~>~--->~>>c~>~>
EIGHTEENTH ANNUAL STATEMENT
HOPE INSURANCE COMPANY,
NEW ORLEANS.
Once. No. 125 Common Street.
In conformity with the requirements of their char.
ter the company publish the following statement:
Premiums received to December 81 1875 $177 767 81
On nre risks. .-.......... $lH, 543 W
On marine ----........... 17746 70
Va rlver.............-... 81, 4lS 09
Losses paid during the same period, viz:
On fire risks. s23972 A.
On marine. 4625 81
On river.-... 1850 O5
Less rebate...... go, s76 O6
State and city IL
censes and tax
esoncapitala and
real estate for
1874 and 1915 :. 1875 50
Rensurances 1854 %
Rent 1907 81
Return premiums 1.O56 81
Profit and loss
expenses lessin-
terest. 13,6Oe IS
II, 43S IS
117,S7 q
Profits ............ 800 ego go
Reserved for risks not terminated Decem-
Der 81. 1875 s25,ses 40
Reserved for unadjusted losses ......... 1851 -
Cash dividend Of ten per cent declared
this day ................. 10000 90
depreciation of assets. ....-. 1920 Os
$4,000 60
The Companys Assets:
Invested in mortgage on req! estate in
the city Observation-Disclosures. 1899 II
Bills receivable on pledges 2s,337 IL
for premiums. o. 95 81
Bank insurance and other stocks ....... sO4 Is
Real estate Observation-Disclosures. "a 324 81
Due for premiums in course of collection 1868 COL
Cash in bank $s4, 1888 a5
Balance in Bank of America. $40 SO
1921 "a
Total assets OBSERVATION-DISCLOSURES. $3.50 O3O 6e
The above statement is just and correct trans.
cript from the books Of the company.
HY. PEYCHAUD, President.
PARISH OF ORLEANS, !
Citv 0fN New q leans {
Sworn to end subscribed before me, this tenth day
Of January, 1876. M 7. DUCROS.
Notary Public, 1s Royal street.
At q meeting Of the Board Of Directors, held
Til. day, it was resolved that cash dividend OF
TEN PER CENT be hereby declared on the capital
stock of the company out of the net earnings to De-
,ember 81, 1875 payable on demand, to the stock
holders or their legal representatives
ja1l1w LOUIS BARNETT, Secretary.
AND TRADERS INSURANCE |
COMPANY,
No. IA CarondeIet Street.
SIXTH ANNUAL STATEMENT. I
NEW ORLEANS, Sept. %, 1875.
In compliance with article IL Of the Charter this
less for the ear ending 31st August 1874:
Received for /
Fire premiums. -. : $3.50, $50 16
River premiums 81, S95 "a
Marine premiums 81 $40 49,
Jnearned premiums
31st August
1874. -..... $1,000 90
Deduct unearned
premiums. $40 90
Deduct returned pre-
miums. 5,462 70
Net earned premiums. ......... -s194, 1875 10 /
Less
ire losses ...-.-..--- 3e 755 AZ
liver losses. ---...-.-l5,2O7 ~
1arine losses --.-.--- GOT 43
Jnadu sted losses -26, 900 90
- sO,57O "A
.17 2sa Sc
lebate --------.----- 1881 W
axes and licen. es. $50 IS
ffice expenses, Board
Underwrit rs, Bah
cock engines. 80, 900 16
rOfit and loss. Ia, 1868 90
1923 80
ess interest 81 pa 36-44 $40 OPS $50 80 |
Net profits .69, 2SS e.
ASSETS.
ills receivable for premiums
ana loans Hedge. 265,365 "a
ash $3.50 %
remiums in course Of collec-
ton . 1867 70
lvested in bank, insurance
and other stocks bonds
ess shrinkage. ....-.-.....-..l4 900 90
- - - 427oe %
cal estate ACKNOWLEDGEMENTS. 1900 90
,ock notes ACKNOWLEDGEMENTS. 161 216 g.
Total Observation-Disclosures. 1921 629 OF
The above statement is q true and correct tran
rpt from the books of the company.
LLOYD r. COLEMAN, President.
JAMES a. WHITE, Secretary. IA
STATE OF LOUISIANA, ii
Cit, of New Orleans. |
Sworn to and subscribed befo,e me- notary public,
lis 29th day of September, 1875.
NuAS r. ANnRY Notarv puh1tc l