The New Orleans bulletin. [volume] (New Orleans [La.]) 1874-1876, 1876-03-30

INSURANCE.
~~>~o>-~~~~~>--~-~o~~o-o
MECHANICS AND TRADERS INSURANCE
COMPANY.
No. IA Carondelet street.l
SIXTH ANNUAL STATEMENT.
NEW ORLEANS, Sept. q, 1875.
In compliance with article 12 of tho Charter, thil
company makes the follow ing statement Of it, bus
ness for the year ending 3lst August, 1874:
Received for
Fire premiums. -. $40 556 16
River premiums 81, 695 "a
Marine premiums q $40 40
Unearned premiums
31st August
1s4.--- ---.---. 1900 90
Deduct unearned
| premiums. 1850 90
Deduct returned pre-
miums. ........ 5,462 70
Net earned premiums ..........$ 1s4, 7ae 10
/ Less
| Fire losses ......--...3S 755 ~
| River losses. 2O7 80
| Marine losses GOT 43
| Unadjusted losses. .26, 900 90
| so,57oH
Reinsurance. ..-..--.172s 8 86
Rebate --..---..---.. 1891 %
| Taxes and license $3.50 IS
| Office expenses Board
Underwriters, Bah
cock engines. 80 900 10
Profit and loss. IA 1863 90
1923 90
Less interest .....31 pa 1914 s79 62-125 $50 IS
Net profits. SO 2ss 50
ASSETS
Bills receivable for premiums
and loans on pledge.-..... 265365 "a
Cash 50, $40 q
Premiums in course of collec-
tiOn ACKNOWLEDGEMENTS. 1867 u
Invested in bank, insurance
and other stocks, bonds
etc.. st, TOO 70
Less shrinkage. 1000 90
Real estate. Observation-Disclosures. 1000 90
Stock notes. ....................... 161, PIG e.
Total Observation-Disclosures. s5s1,6as OF
The above statement is true and correct tran
script from the books Of the company.
LLOYD R. COLEMAN, President
JAMES A. WHITE, Secretary.
STATE OF LOUISIANA, I
City of New Orleans
Sworn to and subscribed befo.e me- notary public,
this 18th day of September, 1875
CHAS. G. ANDRY, Notary Public.
The Board of Trustees, at their annual meeting
the Goth inst resolved to pay 10 per cent interest
on paid in capital and declared the following divi
dends:
21s per cent. paid in capital;
30 per cent. earned premiums.
All of which will be paid full paid stock cred
tied notes stock in part paid, and after |
TUESDAY, 26th October, 1875.
TRUSTEES
A. J. Aiken, J. Davidson Hill
S. D. Autey, NJ johnson,
Hugh Allison, j. S. Lanphier
Isaac Bloom, Robert L. Moore,
j. A. Braselman, h. j. Mullen.
W. T. Blakemore John Myers,
G. n. G. Brown, Edward Nalle,
z. B. Briggs, Edward c. Payne,
Samuel Boyd, George w. SenteI,
John D. Cobb, W. B. Thompson,
j. E. Campbell, Frederick Wing.
w. L. Cushing C. w. Wood,
Benjamin Gerson, T. s. Waterman,
P. G. Gilbert, J.F. Wyche,
G. A. Green, Lloyd r. Coleman,
G. P. Harrison. OF cod tt
FACTORS AND TRADERS
Insurance Company.
81. 49,. .CarOndelet Street. ..37
Assets April 30, 1875, $1.4S6,215 SO.
This Company issues Policies ON
FIRE, RIVER AND MARINE RISKS
At Lowest Tariff Rates.
e. A. PALFREY, President.
MOSES GREENWOOD. Vice President.
THOs. F. WALKER, Secretary.
TRUSTEES.
Moses Greenwood r. M. Walmsley
W. A. johnson, A. Brittin.
John /. Noble, A. H. May,
John Chaffe S. FL. Snowden, If
Richard Milliken, T. Lytt Lyon,
Samuel e. Moore, VIM. c. Raymond,
il. Warren, Jas. S. Prestidge,
R. T. Buckner, Samuel H. Boyd,
Samuel Friedlander, Joseph McElroy,
A. A. Yates, e. B. Wheelock,
John l. Adams, Cyrus Bussey,
Isaac Seherck VIM. j. Behan, It
81 3. f. Eschleman.
Report of the Condition II
OF THE
NEW ORLEANS NATIONAL BANK,