The New Orleans bulletin. [volume] (New Orleans [La.]) 1874-1876, 1876-01-05
INSURANCE.

INSURANCE.
NINTH ANNUAL STATEMENT
FACTORS AND TRADERS INSURANCE
| COMPANY,
| ...Carendelet Street. ....37
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 Rlsks. 3t0G13 -
On River Rlsks- .....-...-.. 23l, 229 IS
| On Marine Risks......... Al16 ii $G35 419 80
LESS
| DIFFERENTIATED premiums
y 30th April, lS75......... s9,7f2 90
| Return premiums. 1925 So 99, 1861 50
Net earned premiums. 1886, 1852 40
LOSSES PAID, To-wT:
On fire risks .Sl34 557 80
River risks. 12G, fs2 30
Marine risks { 800 G5-s26y ITO So
Re-relnSuranCe. 14,3tg %
Rebate returns.-..... l5 492 81
State and city taxes. 22,GlS As
Gross expenses home Office
and agencies. .52, 500 81
ProAt and Loss. Ii, GIL 40 - $3905S2 80
Balance. Observation-Disclosures. sl45, 1863 &c
Add interest and discount and savings
received. ......................-. 1o5,O54 81
s25O,2s4 50
Less first semi annual interest on CAPT.
tai stock paid and second now due 10000 90
Net profits. lao PA s.
ments.. decentralization. 1904 50
Balance to be- divided Oh rel premiums
of 1915 and uneaIned OF 1o13-4... $117 100 90
The COMPANY HAVE THE FOLLOWING ASSETS TC-WlT
Cash on hand. $y4, 4o3 Is
Accounts i'll course of col
lection -.- 5o,32o AZ
Bills receivable for loans on
pledge of stocks and
bonds. So 923 "a
Bills receivable at short
dates 3sO1l As
Bank and other stocks. 2le, lob So
Stocks OfCity Railroads.. 79,549 66
City and other bOnds-.-..- 11O,6el 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
Real estate p-... eoIs5 oosl s5 IS
LIABILITIES
Capital stock. 81 100, 900 90
Reserved for Unterminated
Risks. e9,742 90
Unpaid dividends dnciud-
ing interest and pre-
MUM dividends April
80, 1879. 1T 655 q
Contingent Fund (surplus) liz, s1o G@*1 496 215 SO
The foregoing is true and correct transcript from
the books OF the Company.
Ep. 4. PALFREY, President.
THos. f. WALKER, Secretary.
STATE OF LOUISIANA,
Parish Of Orleans, City Of New Orleans.
Sworn to and subscribed before me- this I'D day Of
May, 1875.
EDWARD IVY, Notary Public.
At special meeting Of the Board Of Trustees held
on the twentieth inst i was resolved to pay on De
MAND q SECOND SEMI-ANNUAL interest of
FIVE PER CENT to 30th April, 1876 making ten |
per cent per annum the CAPITAL STOCK Of the !
Contrary, 81, loo ,00O) and CASH DIVIDEND of |
TWENTY-FIVE PER CENT, to Stockholders on |
the amount (47l 769 os) of their net participating
premiums for the year ending Both april, 1875 and
Of their unearned participating premiums for the
year ending 30th April 1874. |
ED. A. PALFREY, President.
THos. F. WALKER, Secretary.
MOSES GREENWOOD, Vice President.
TRUSTEES. |
Moses Greenwood, r. NJ Wa.msley,
w. A. johnson, A. Brttin,
John 1. Noble, A. H. May,
John Chatfe, S. H. Snowden
Richard Milliken, I. Lytt. Lyon,
Samuel K. Moore, VIM. c. Raymond, |
j. l. Warren James S. Pr.stidge,
r. T. Buckner, Samuel F.. Boyd
Saml Friedlsnder. Joseph McErOy,
A. A. Yates f. B. Wheelock,
John l. Adams Cyrus Bussey,
Isaac Scherok, WnI. j. BehaA,
B. f. Eshlenan my23 Ina