The New Orleans bulletin. [volume] (New Orleans [La.]) 1874-1876, 1876-03-11
INSURANCE.

II u
COMPANY OF NEW ORLEANS.
81 Camp Street, corner of Commercial Place.
Paid mp Capital, $50o.OOO.
TWENTIETH ANNUAL STATEMENT.
In conformity with the requirements of their Char
ter the Company publish the following statement for
the year ending December 31st, 1875:
Amount premiums for the year ending December
3lst, 1875
Fire. s222,c64 "a
River ....----. 77,T35 IS
Marine .A....... 56,1s5 40
Add
DIFFERENTIATED risks for 1874. $1,000 90
DIFFERENTIATED risks for 1875. 95,255 90
Return premiums. ........... Is, 479 OF
1Os 734 OF |
Net earned premiums. s344 254 p
Losses ETC., paid during the same period
Fire risks....-.. S42,560 "A
River. 3,470 rs
Marine. ....... 1854 80
S9O,572 50
Reserved for
adjusted losses 30, 700 90
s124,27s SO
Add
Reinsurance. $19,490 81
General expenses
taxes, Board Of
Underwriters,
etc... 1888 80
1924 II.
Reserve fund ... 10000 90
Interest CAPT
tai stock. s49.547 4s
Less
Discount and in
terest......... "a 629 50
ss2a, SIS so
Actual net profit. ....s 1921, 73s &c
The company has the following assets,
estimated at their market values:
Stocks and bonds. ACKNOWLEDGEMENTS. s34o 416 rs
Loans on mortgage $3.50 81
Loans on pledge 3o,l7o AZ
Bills receivable. ................... 1906 90
Premiums in course of collections 40iO6 "a
Cash on hand. ...................... 163, 1873 10
$685., AL n
The above statement is just, true and correct
transcript from the books of the company.
JAMES I. DAY, President.
II. CARPENTER, Secretary.
STATE OF LOUISIANA,
Parish Of Orleans, City of New Orleans. )
Sworn 10 and subscribed before me, this 18th day
of January 1876.
ALFRED INGRAHAM.
Notary Public.
The Board of Directors, at meeting held ON the
10Th day of January 1876. after setting aside TEN
THOUSAND DOLLARS to the RESERVE FUND,
from the net earnings of the year, and paying TEN
PER CENT DIVIDEND to the stockholders, have
resolved to pay a CASH DIVIDEND of THIRTY
FIVE PER CENT, on the net earned participating
premiums Of the year ending December 81, 1875;
said dividend payable and after MONDAY, the
oath day Of January, 1876.
DIRECTORS FOR 1876.
Jno. g. Gaines, Richard Flower, J. L. Harris
z. ]. Hart J. Weis, d. A.Chaffraix.
by Renshaw B. W. Taylor L. Alcus
Hugh Wilson, J.C. Morris, Isaac L. HAS,
B. Biscoe James l. Day,s Scott McGehee,
A. Baldwin, Lionel C. Levy. Gee Jonas
Chas. Macready. Emory Capp, D. Fato
W. e. Seymour. T. L. Airey. jail I'm
EIGHTEENTH ANNUAL STATEMENT
HOPE INSURANCE COMPANY,
NEW ORLEANS.
Omce...........-.---.. No. 12J Common Street.
In conformity with the requirements of their char.
ter, the company publish the following statement:
Premiums received to December 3d. 1875. SIT 7O7 81
On fire risks. S127,5 SAB 90
On marine .---.--........ 1916 70
On river................. 32,41s % $50
Losses paid during the same period, viz: =
On fire risks. S23,972 40
On marine. 4.625 81
On river 1850 O5
Less rebate.. sao,s7s Os
| State and city Ii
censes and tax
| capital and
real estate for
| 1874 and 1875 > 1878 30
| Reinsurances 1864 %
| Rent 1907 81
|
Profit and loss,
expenses lessin.
| terest 1908 SIS
| n,439 Is
| 117,677 %
|
| Profits s6O $50 so
Reserved for risks not terminated Deem
her 81. 1877. s25 969 40
Reserved for unadju losses .......... 1e3l II
Cash dividend of ten per cent declared
this 10000 90
Estimated depreciation Of assets ,. 1920 05
$4,000 60
| The Company Assets:
| Invested in mortgage on rea. estate in
the 1898 II
Bills receivable pledges 2s,337 10
for premiums 1895 81
Hant insur,nce and other stocks .... 31,sO4 25
| D., os.o+a 34324 81