The New Orleans bulletin. [volume] (New Orleans [La.]) 1874-1876, 1876-03-17
INSURANCE.

! n
COMPANY OF NEW ORLEANS.
81 Camp Street corner of Commercial Place.
Paid up Capital, s50s.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, 1876
Amount premiums for the year ending December
31st, 1875
Fire. s222,c64 "a
River .-.-..-.-.. 77,735 rs
Marine ......---. 56,1s5 40
DIFFERENTIATED risks for 1874. $1,000 90
Less
DIFFERENTIATED risks for 1875. s5,255 90
Return premiums. 1919 OF
los. 1874 OF
Net earned premiums. ss44 a54 IL
Losses, ETC.. paid during the same period
Fire risks $42,560 "A
River ----------. 40 rs
Marine. 1854 80
s9O,572 SO
Reserved for un-
adjusted losses 80 700 90
Add
Reinsurance. 1884, 81
General expenses,
taxes, Board of
Underwriters,
etc.-.-....... 53S33 20
73,32471
Reserve fund. -......... 10000 90
Interest on CAPT
tai stock. s49,547 40
Less
Discount and in
terest....-.... "a 500 SO
s222,515 50
Actual net profit ACKNOWLEDGEMENTS 1921. 73s GO
The company has the following assets,
estimated at their market values:
Stocks and bonds. Observation-Disclosures. $34o, 416 IS
Loans on mortgage. $3.50 81
Loans on pledge Observation-Disclosures. 3s,17s 4s
Bills receivable. ACKNOWLEDGEMENTS. 1906 90
Premiums in course of collection 40 SOC "a
Cash on hand ACKNOWLEDGEMENTS. 1853, 1893 10
$625, AL II
The above statement is just, true and correct
transcript from the books of the company.
JAMES I. DAY, President.
H. 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
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. Alcus.
Hugh Wilson, j. q. Morris, Isaac L. Hass,
B. Biscoe. James l. Day, Scott McGehee,
A. Baldwin, Lionel C. Levy. Geo. Jonas,
W. Z. Seymour, T. L. Airey. jazz I'm
EIGHTEENTH ANNUAL STATEMENT
HOPE INSURANCE COMPANY,
NEW ORLEANS.
Once No. 12J Common Street.
In conformity with the requirements Of their char
ter the company publish the following statement:
Premiums received to December 81 1875. $1777O7 81
On fire risks. Sl27, 543 90
On marine ---...-........ 1916 ~ |
On river. ~, 4lo w
Losses paid during the same period, viz
On fire risks. s23972 46
On marine. 4,625 81 |
On river.. 17,64O 05
Less rebate...... s2O,s76 O6
State and city IL
censes and tax |
es oncapital and
real estate for
1874 and 1875 :. 15,315 50
1864 %
Rent 1907 81 |
Return premiums 1.O56 81
Profit and loss,
expenses lessin-
terest 136O8 e5
n,439 Is
-- 117,677 q
Profits ACKNOWLEDGEMENTS. $50 $50 so |
-
Reserved for risks not terminated Decem-
Der 81, 1875 ACKNOWLEDGEMENTS. $25, s69 40
Reserved for unadjusted losses 1851 II
Cash dividend Of ten per cent declared
this ......................... 10000 90
Estimated depreciation Of assets. ...... 1920 0s
$4,000 so |
-
The Company's Assets:
Invested in mortgage on rea! estate in
the ..................... 40, 1913 II
Bills receivable On pledges ....... 2s,337 16
:. =. for premiums. 1895 81
Bank insurance and other stocks ........ 31,e04 25
Real estate ........ 34,324 81
Due for premiums in course of collection 1868 80