The New Orleans bulletin. [volume] (New Orleans [La.]) 1874-1876, 1876-01-26

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EIGHTEENTH ANNUAL STATEMENT
HOPE INSURANCE COMPANY,
NEW ORLEANS.
In conformity with the requirements of their char
ter. the company pubish the following statement:
Premiums received to December 81 1875. SIT 7O7 81
Tn hre 1lskS- -.-......... Sl27 3f3 w
On marine IIIi6 IS
Ga river........ 324ls 90
Losses paid during the same period, viz:
On fire risks. S23,972 46
On mai inc. 462j 81
On river..... 1910 05
46 235 II
Less rebate...... S20e,G 10
State and city IL
censes and tax
oncapital and
real estate for
1874 amt 1873 . 153i5 20
Reinsurances 1864 %
Rent. 1907 81
Return premiums 1856 81
Profit and loss,
expenses lessin-
terest. 136Os IS
71,439 Is
-- I17,677 81
Profits ACKNOWLEDGEMENTS. 400 $50 GO
Reserved for risks not terminated Deem
Der 81, ISIS OBSERVATION-DISCLOSURES. s25969 40
Reserved for pnad justed losses ..-. 1851 Il
Cash dividend of ten per cent declared
this day ---.......-...---.......... 900 90
Estimated depreciation of assets 122lO Os
s6oo3o go
The Company Assets:
Invested in mortgage rea' estate in
the city Observation-Disclosures. si9323 Il
Bills receivable on pledges -....- 2s337 l6
for premiums 1895 81
Bank insurance and other stocks $4,000. 81 e04 % |
Real estate NEUTRALITY-SUSPICIOUS.. 3i,324 81
Due for premiums in course of collection. 1868 80
Cash in bank ----.--....... ssh 735 So |
Balance in Bank Of America. 5I2 90
s5,2e1 81
Total assets Observation-Disclosures. s26O,o3O 60
The above statement is just and correct trans |
cript from the books of the company
HY. PEYCHAUD, President.
PARISH OF ORLEANS, I
City of New Orleans. |
Sworn to and subscribed before me- this tenth day |
D January, 1876. NJ T DUCROS
Notary Public, Is Royal street.
At meeting of the Board of Directors, held
B. i day, it resolved that a cash dividend of
TEN PER CENT be hereby declared On the capital
stock of the company out of the net earnings to De-
cember 3D. 1873, payable demand to the stock
holders or their legal representatives.
jail 1w LOUIS BARNETT Secretary.
NJ ECHANICS' AND TRADERS INSURANCE
COMPANY,
No. II Carondelet Street.
SIXTH ANNUAL STATEMENT.
NEW ORLEANS, Sept. %, 1875.
In compliance with article II of the Charter this
company makes The folio ing statement of its bust
less for the year ending 31st August, 1874:
Received for
Fire premiums. 500 $50 Is
ilver premiums So S95 "a
Marine premiums $3.50 10
Jnearned premiums
31st August
18Th. . $4,000 90
sai2, Ell 90
Deduct unearncd
premiums...-... 1860 90
Deduct returned pre-
miums- 5,462 20
4sOs2 20
Net earned premiums .....-..--.s 1884, 739 10
Less
Ire losses .5-, 40 AZ
liver losses. ---......l3,2O7 50
larine losses --..--.. COZ 43
Tnadjusted losses &c, 600 90
- So so "A
elnSurance6- ------- IL 2oS 20
ebate.- --------.--.- s,39l %
axes and licens es-- $3.50 IS
flee expenses. Board
Underwrit rs, Bah
cock engines. 80 900 Is
rOtt and loss. II 1863 90
76l23 SO
ess interest .-.-3l, 24l 36-44 e79 62-125 $50 Sc
Net profits ............ so, 2s5 g
ASSETS
ills receivable for premiums
anu loans on pledge---.--. 265 3G5 "a
ash Observation-Disclosures. $3.50 %
remilms in course of collec-
ton Observation-Disclosures. 1907 70
vested in bank, insurance
and other stocks, bonds
100 30
ess shrinkage. IA COO 90
49, 709 90
cal estate 1900 90
ock notes. Observation-Disclosures. 16l PIG Is
Total 1921 629 OF
The above statement is true and correct tran
ript from the books of the company. e
LLOYD r. COLEMAN President
JAMES A. WHITE, Secretary. A
STATE OF LOUISIANA,
Cit of New Orleans. s !
Sworn to and subscribed before me- notary public |