The New Orleans bulletin. [volume] (New Orleans [La.]) 1874-1876, 1876-03-09
INSURANCE.

| 81 Camp Street, corner of Commercial Place.
Paid up Capital, S5o0.O0O.
TWENTIETH ANNUAL STATEMENT.
the Company publish the following statement for
| the year ending December 31st 1875:
Amount premiums for the year ending December
Fire-.--.-........ S222, c64 "a
River .-...---.- 77,735 rs
Marine ......---. S. 1s5 40
DIFFERENTIATED risks for 1874. $1,000 90
Less
DIFFERENTIATED risks for 1875. 95,255 90
Return premiums 13,479 OF
Net earned premiums . s344 254 70
Losses, etc., paid during the same period
Fire risks. $42, $50 "A
River 81, 40 IS
Marine ---..---.. 1854 80
$9O,572 80
Reserved for un-
adjusted losses 80, 700 90
1924, 272 50
Add
Reinsurance sly, AGO 81
General expenses,
taxes, Board of
Underwriters,
etc.... 1888 30
1884 II
Reserve fund. 10000 90
Interest CAPT
tai stock. $40 SAT AZ
Less
Discount and in
terest.......-. "a 629 SO
s222515 so
Actual net profit. .$ l21 735 So
The company has the following assets,
estimated at their market values:
Stocks and bends. $40 416 Is
Loans on mortgage. Observation-Disclosures. 80 $40 81
Loans on pledge Observation-Disclosures. 3s,175 4a
Bills receivable. ACKNOWLEDGEMENTS. 1906 90
Premiums in course Of collection. ...... 40 SOC "a
Cash on hand. 163, 1888 10
SOS, AL II
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 NGRAHAM.
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 CASH DIVIDEND Of THIRTY
FIVE PER CENT, on the net earned participating
premiums of the year ending December 81 1875;
said dividend payable on and after MONDAY, the
Gath day Of January, 1876.
DIRECTORS FOR 1876
Jno. g. Gaines Richard Flower. j. L. Harris,
E. J. Hart j. Weis, D. A. Chaffraix.
by Renshaw, B.W. Taylor L. AIcus.
Hugh Wilson, &c. Nmuris, Isaac L. BASS,
B. Biscoe. James I. Day. Soft Mc3ehee.
a. Baldwin, Lionel c. Levy. Geo. Jonas.
Chas. Macready. Emory Clapp D. Fato
W. e. Seymour. 7. L. Airey. jail I'm
EIGHTEENTH ANNUAL STATEMENT
HOPE INSURANCE COMPANY,
NEW ORLEANS.
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. S17770 81
On fire risks $l27,543 90
On marine --............. 17746 70
On river. 81, 41S W
Losses paid during the same period, viz:
On fire risks. $23,972 ~
On marine. 4625 81
On river..... 1850 05
Less rebate. $40 S16 O6
State and city Ii
censes and tax
es oncapital and
real estate for
1874 and 1875 = 15315 50
Reinsurances 1864 %
Rent. --..... 1907 81
Return premiums 1856 81
Profit and loss,
expenses lessin-
terest ...-.. 1360s IS
n, 4S9 Is
117677 q
Profits. .................... $50 $50 so
deserved for risks not terminated Decem-
Der 3d. 1875. OBSERVATION-DISCLOSURES. $25 969 40
Reserved for unadjusted losses 1851 -
lash dividend of ten per cent declared
this day ACKNOWLEDGEMENTS. 10000 90
Estimated depreciation of assets. ...... 1920 0s
$4,000 so
The Company's Assets:
invested in mortgage on rea! estate in
the city ACKNOWLEDGEMENTS. 1899 II
ills receivable on pledges 25,337 16
= - for premiums ---.... 1895 81
.ank insurance and other stocks ...... 31,sO a5
teal estate ACKNOWLEDGEMENTS. 34,32 81
)ue for premiums in of collection. q, 663 80