Report of the Insurance Department of the Comptroller-General's Office for the Year Ending October 1, 1897 through October 1,1899

REPORT
OF THE
Insurance Department
OF THE
ComptrollerGenerals Ofeice
FOR THE
Year Ending October i 1899

REPORT
n
ComptrollerGenerals Office
Insurance Department
Atlanta Ga October 1 1899
To His Excellency Allen D Candler Governor
Sir In compliance with law I have the honor to submit my
twelfth annual report as Insurance Commissioner
The volume of business of the various classes of insurance com
panies in this State shows a large increase each year since the
creation of the office of Insurance Commissioner It will be ob
served from the statistics of the business of oldline or legal reserve
life companies that their profits on Georgia business have been
quite large but while this is true of life companies the business of
tire companies has not been so uniformly so on account of the
heavy loss ratios which seem to have prevailed so generally during
the period reterred to The margin of profits on the Georgia bus
iness of Cooperative or Assessment Life Insurance Companies is
shown to be quite small which must be accounted for in two ways
one is that their rates are too low and their medical examinations
are not sufficiently rigid I desire to again renew my suggestion
made in my last report that all companies doing a life insurance
business on the assessment plan be required to make a reasonable
deposit with our State Treasurer for the protection of their policy
holders
On account of the very low rates at which many of these com
panies write insurance our people are availing themselves of such
insurance and they should be protected as far as possible by some
deposit in the State I have had many complaints made that
claims are not paid promptly by these companies but under the
law I am given no authority over such cases until judgment of a
legal valid claim is refused and then the only remedy is to revoke
the license of the company
I would also recommend that all secret fraternal life insurance
associations doing business in this State be required to file in this
office annually sworn detail statements of their condition the same
as is required of insurance companies but exempting them from the
payment of any licenses or taxes of any kind This class of insur
ance too has grown to great proportions in Georgia and many of
our people seek information from this office as to their condition
and standing which I am unable to furnish
Respectfully
Wm A Wright
Insurance Commissioner
COMPTROLLERGENERALS REPORT
The following Fire Life and otherInsurance Companies having com
plied with the law are authorized to transact business in the State for
thfi year 1899
FIRE INSURANCE COMPANIES
Agricultural Fire Watertown New York
American Fire New York
TEtna Fire Hartford Conn
Atlanta Home Atlanta Ga
British America IS Front Street Toronto Canada
Caledonian Fire 27 Pine Street New York
Cotmmercial Union 58 William Street New York
Continental 46 Cedar Street New York
Connecticut Fire Hartford Conn
Delaware Fire Philadelphia Pa
Fire Association of Philadelphia 34 Fifth Street Philadelphia Pa
Firemans Fund San Francisco Cal
Georgia Home Columbus Ga
GermanAmerican 115 Broadway New York
Germania Fire 177 Broadway New York
Glens Falls Fire 149 Glen Street Glens Falls New York
Greenwich Fire 161 Broadway New York
HamburgBremen U S B 62 Cedar Street New York
Hanover Fire 40 Nassau Street New York
Hartford Fire 53 Trumbuli Street Hartford Conn
Home 119 Broadway New York
Imperial Fire 31 Pine Street New York
Insurance Company of North America 232 Walnut Street Philadelphia
Pa
Lancashire U S B 40 and 42 Pine Street New York
Lion Fire U S B 223 Asylum Street Hartford Conn
Liverpool and London and Globe U S B 45 William street New York
Liverpool and London and Globe New York
London Assurance U S B 88 Wall Street New York
London and Lancashire U S B 46 Pine Street New York
Magdeburg Fire Germany
Manchester Fire 171 La Salle Street Chicago
Manhattan Fire New York N Y
Milwaukee Mechanics Milwaukee Wis
National Fire Hartford Conn
Niagara New York
Norwich Union 67 Wall Street New York
North British and Mercantile U S B 54 William Street New York
Northern Assurance 25 Pine Street New York
Orient Insurance Company Hartford Conn
Pacific Fire of New York
Palatine U S B 21 Nassau Street New York
Pennsylvania Fire 510 Walnut Street Philadelphia Pa
Phoenix Assurance of England U S B 67 Wall Street New York
Phoenix of New York 16 Court Street Brooklyn New YorkCOMPTROLLERGENERALS REPORT 3
Phoenix of Connecticut 64 Pearl Street Hartford Conn
Queen of America 49 Cedar Street New York
Rochester German Rochester 1ST Y
Royal Liverpool England
Scottish Union and National U S B 222 Asylum Street Hartford Conn
Southern Mutual Athens Ga
Springfield Fire and Marine Hampden Mass
St Paul Fire and Marine St Paul Minn
Sun Fire of England 15 Washington Street Watertown New York
Sun New Orleans La
Traders Fire Chicago 111
Union Assurance Society London
Western Assurance 22 Wellington Street Toronto Canada
Westchester Fire 27 and 29 Pine Street New York
Williamsburg City Fire 13 Broadway Brooklyn New York
LIST OF COMPANIES DOING A FIRE BUSINESS THROUGH BROKERS
AND WHO MAKE NO DEPOSIT IN THE STATE
Globe and Rutgers New York
Insurance Company of State of New York N Y
LIFE INSURANCE COMPANIES
American Union Life New York
JEtna Life Hartford Conn
Connecticut Mutual Life Hartford Conn
Equitable Life 120 Broadway New York
Fidelity Mutual Life Philadelphia Pa
Germania Life 20 Nassau Street New York
Hartford Life Hartford Conn
Home Life 38 Court Street Brooklyn New York
Iowa Life Chicago 111
Illinois Life Chicago 111
Manhattan Life of New York
Maryland Life 10 South Street Baltimore Md
Massachusetts Mutual Life 413 Main Street Springfield
Metropolitan Life 36 Park Place New York
Michigan Mutual Life Detroit Mich
Mutual Benefit Life 752 Broad Street Newark N J
Mutual Life of New York 32 Nassau Street New York
Mutual Life of Kentucky corner Fifth and Market Streets Louisville Ky
New England Mutual Life Boston
New York Life 346 and 348 Broadway New York
Northwestern Mutual Life corner Broadway and Milwaukee Streets Mil
waukee Wis
Pacific Mutual Life San Francisco Cal
Prudential Life Newark New Jersey
Penn Mutual Life 921 Chestnut Street Philadelphia Pa
Phoenix Mutual Life Hartford Conn
Provident Savings Life 55 Liberty Street New York
Royal Union Mutual Des Moines Iowa
Security Trust Philadelphia Pa4 COMPTROLLERGENERALS REPORT
Security Mutual Life Binghamton New York
Sun Life Montreal Canada
State Life Indianapolis Ind
Travelers Life 56 Prospect Street Hartford Conn
United States Life 161 Broadway New York
Union Central Life 243 West Fourth Street Cincinnati O
Washington Life 21 Oourtland Street New York
ASSESSMENT LIFE AND ACCIDENT INSURANCE COMPANIES
Atlanta Mutual Life Atlanta Ga
Bankers Guarantee Fund Atlanta Ga
Chicago Guarantee Fund Opera House Block Chicago 111
Equity Life Association Staunton Va
Georgia Sick and Accident Benefit Atlanta Ga
Home Friendly Society 100 W Fayette St Baltimore Md
Industrial Aid Association Atlanta Ga
Mutual Reserve Fund Life Potter Building New York
Northwestern Life Assurance Company Home Insurance Building Chi
cago
State Mutual Life and Annuity Rome Ga
United States Beneficial Association Atlanta Ga
Western Mutual Life Association Chicago
OTHER THAN LIFE OR FIRE
American Surety New York
American Bonding and Trust Company Baltimore Md
American Credit Indemnity New York
Bankers Mutual Casualty Des Moines Iowa
City Trust Safe and Deposit Philadelphia Pa
Employers Liability Insurance Association 84 and 85 King William Street
London England and 71 Kilby Street Boston Mass
Fidelity and Casualty 214 Broadway New York
Fidelity and Deposit Company Baltimore Md
General Accident Association Perth Scotland
Guarantee of N A 157 St James Street Montreal Canada
Hartford Steam Boiler 218 Main Street Hartford Conn
Lloyds Plate Glass 68 William Street New York
London Guarantee and Accident 139 La Salle Street Chicago 111
Maryland Casualty Company Baltimore Md
Metropolitan Plate Glass Company 166 Liberty Street N Y
National Surety Company Kansas City Mo
New Amsterdam Casualty New York
New York Plate Glass New York
Preferred Accident 203 Broadway New York
Standard Life and Accident Detroit Mich
Thames and Mersey Marine 69 Wall Street New York
United States Casualty Company 38 Nassau Street New York
United States Guarantee Company 111 Broadway N Y
Union Casualty and Surety Seventh and Chestnut Streets St Louis Mo
United States Fidelity and Guaranty Baltimore MdCOMPTROLLERGENERALS REPORT 5
LIST OF COMPANIES DOING BUSINESS IN THIS STATE IN 1898
THAT HAVE WITHDRAWN
British and Foreign Marine London England
Southern Fire Atlanta Ga
American Mutual Indemnity Association Scranton Pa
Bankers Life Association New York N Y
Boston Mutual Life Association Boston Mass
Connecticut Indemnity Association Waterbury Conn
Guaranty Safety Fund Life Association Macon Ga
National Life Association Hartford Conn
National Mutual Life Association Minneapolis Minn
New England Mutual Accident Association Boston Mass
New York Casualty Company New York N Y
Traders and Travelers Accident Association New York N YCOMPTROLLERGENERALS REPORT
LIST OF
INSURANCE AGENTS
WHO HAVE PAID THE
OCCUPATION TAX FOR THE YEAR 1899
From January 1st to October Jst of said Year
Briggs W G
Byington G
Oamak 1 W Co
Crane W M
Griffith W D
Harris Mallory
Allen T V H Co
Barrett W G
Burke J A
Cohen T
Cohen J J
Castello E J
Crane W H
AlfriencLDunwoody Co
Andrews A B
Akers F M
Alston K 0
Andrews G W
Ansley Bro Lipscombe
Barker Holleman
Bain Vel
Besk 0 G
Blount M N Co
Bridewell R 0
Brown N B
Brown T B
Burney T A
Camp D C
Carr Miss A C
Cowles J S
Dargan J T
Field J
Fielder Mower
Arlington Galkoun Co
Ward E
Abbeville Wilcox Co
Snow H 0
Acworth Cobb Co
Mitchell R M Vet
Athens Clarke Co
Hutchins J C
Johnson L M
Ketchum W H
Kinnebrew E R
Lipscombe F A
Augusta Richmond Co
Graham F T
Heard I T
Henry S J
Henry J W
Jacobi J L
Mulherin A Armstrong
North H M
Atlanta Fulton Co
Gay A 0 31
Goldsmith H II
Harris C R Co
Hatcher Dunlap
llarralson 31 Vet
HaskellW V
Hart GN
Jones J A
Johnson J M
KendrickStokes Boyd
Lathrop E S
LoweVet
Manry W F Go
Maddox R F Co
Moody Thompson
McCrory L G
Morgan J H
Mullen U
McCandless Patterson
Northern E A
Mitchell AL
Newton Bryan
Oliver I 0
Thomas W W
WilkinsJ J
Phinizy F Co
Sibly G T
Skinner Martin
Scott 0 H I
Symmes Geo A Sons
Wylly
Pearce J M
Pendleton II
Peters Thomas
Rosenfeld s a
Rood R V
Russell J s
Shepherd J F
Shulhaefer A E
Seals W B
Smith A k
Skinner J
Thorn 0 C
Warren J
Webster R E
Whitner Cole
Willcox C II
Wallace B
West J R
Webster RCOMPTROLLERGENERALS REPORT
Carter Woolfolk Vet
Clarke CM
Davis J S
Allen T E
Ansley J J
Arthur F B
Brown IE
Callaway M Vet
Brown J M
Elder E
Murphy E S
Murphy T E
James D W
Abrams J B
Burroughs W B Vet
Brantley T M
Crawford C S
Owens L A
Broadnax E B
Alapaha Berrien Co
Alexander P W Vet
Albany Dougherty Co
Gilbert W H
Greenfield A IX
Mayer D
Americus Sumter Co
Cobb Jno Vet
Cobb W A
Council C M
Furlow Jones
Bainbridge Decatur Co
Harrold JDVet
Baxley Appling Co
Sinclair N M
Barnesville Pike Co
Murphy O A
Powell Holmes
Barlow Jefferson Co
Outlaw J M
Blackshear Pierce Co
Brantley B D Jr
Blakely Early Co
Powell W H
Blue Ridge Fannin Co
McKinney T S
Bowman Elbert Co
Brown L C
Brunswick Glynn Co
Brobston Fendig Co
Northern E A
Boston Thomas Co
Sanders W D
Buena Vista Marion Co
Roberts J W
Buford Qwinnett Co
Sudderth D i
Cairo Thomas Co
Wright K P
Carroll ton Carroll Co
Reese O Vet
Ticknor T M
Warren li II
Weston B L
Harris C W
Wheatley J W Co
White R L
Thornton W J
Perry E J
Stephens F M
Wilkinson W K
Parker R H
AVright J
Singleton C
Brown J B ECOMPTROLLERGENERALS REPORT
Baggs Perry
Bush M E
Crois J D
Clayton R A Vet
DeVories P
Jones T R
Dennington T W
Adamson J W
Ledbetter L S Vet
Blackmar J
Brannon Blackmar
Chappell L H
Crawford A S
Colsey Malone
Austin J P
Bush B F
Butts C C
Corley T J
Murray 0 W
Hood A
Iynl YV W
Colvard H P
Davis E I
Dhmuock A E
Calhoun Gordon Co
Ellis T M Vet
Camilla Mitchell Co
Turner J C Vet
Twitty Mrs W W
Perry B P
Canton Cherokee Co
Mullins L
Cartersrille Barlow Co
Mann PP Norris J T
Neal A P
Whigham G P
Carnesville Franklin Co
McConnell L J
Cedarlown Polk Co
Sanders Davis Stubbs J S Vet
Clarkesville Babersham Co
Geo P Erwin
Columbus Muscogee Go
EdgeC T
PI inn Coart
Eoreacre B W
Harris B H
Hill J B
Wilcox D P Son
Kiniball J B
Lott W L
McKee H 0 Vet
Owsley Huff
Redd W T
McElvaney Broadnax
Palmer A Campbell
Iound B B
Conyers Rockdale Co
Eakes W J
Cordele Dooly Co
Caldwell E C Jr
Ketchum D W
Woodward 0 C
Corington Newton Co
Guinn J I Lester J G
Shepherd T J
Cochran Pulaski Co
Taylor Peacock
Chipley Harris Co
Murrah T T
Culhbert Randolph Co
McDonald G
Crawforddlle Tallaferro Co
Maltbie M N Moore C G
Dalton Whitfield Co
Owens J AV Thomas J D
Darien Mclntosh Co
Kennan SCOMPTROLLERGENERALS REPORT
Bell J M
Horseley J A
Skelton J S
Blackshear E J
Corker F G
Burch Herman
Gentry R D Vet
Allen J C
Heard Blackwell
Smith A F
Bowen S A
Carter Fletcher
Brown W E
Culepper G B
Dawson Terrell Co
Lowry M M Co Parks J G
Loyless Adams
Douglas Coffee Co
Walker J J Ward Hilliard
Demorest Habersham Co
Brown J J B
Dry Pond Jackson Co
Keith C A
Dublin Laurens Co
Haynes M T Vet Robinson F 11
Park Harper Co
Eastman Dodge Co
Gentry E T
MurrellC B Vet
Eatonton Putnam Co
Adams I H Vet Little W C
Elberlon Elbert Co
Thrower H Wilhite Arnold
Fitzgerald Irvrin Co
Curry M Symonds H B
Forsyth Monroe Co
Turner Vet
Fort Gaines Clay Co
Peterson R E
Flotilla Butts Co
Lindsay M A
Fort Valley Houston Co
Gray Skellie Marshall J D
Gainesville Hall Co
Chambers E P Vet Dozier C A Vet
Candler T C Kimbrough E E
Palmer B T
AVhelchel B H
Garlandcille Franklin Co
McFarland J M
Greensboro Greene Co
Kimbrough W A Vet Norton 0 C Vet Weaver W M Vet
Grantcille Coweta Co
Banks N O Sewell Nali
Greenville Meriweilier Co
Pinkston W L10
COMPTROLLERGENERALS REPORT
Drake R H Oo
Gray S B
Johnson Murray
Saffold T P
Griffin Spalding Co
Murphey T E
Nichols J P
Rhea J G
Guyton Effingham Co
Smith J C
Sorrell A 0 Vet
Tignor J 0
Hawkinsvitle Pulaski Co
BozemanJBH Vet Parsons B F
Pearce D R
McGriff J P
Carson J M
A1 ford Thornton
Herndon C M
Bazell J W
Ragan T B
AVhitfield J J
Curry Marion Co
Etheridge F A
Jackson Mercantile Co
Abraham R P
Johnson J T
Harmony Grove Jackson Co
Walker C W
Hariwcll Hart Co
Hodges J H A Co Thornton D A
Hogansville Troup Co
Smith T J
Harlem Columbia Co
Blanchard L E
Hampton Henry Co
Griffin 8 H
Helena Telfair Co
Whitted J M
lrwinton Wilkinson Co
Chambers T B
Irwinville Irwin Co
Puchett T B
Jackson Butts Co
Mallette Nutt Thornton J 1
Jewells Hancock Co
Jewell D A Jr
Jefferson Jackson Co
Bell A J Vet
Jesup Wayne Co
Littlefield O F
Knoxville Craioford Co
McCrary H D
LaGrange Trottp Co
Barker E C Evans W S
Lawrenceville Girinneit Co
Brand C H L M Peeples R W Sasser W MCOMPTROLLERGENERALS REPORT
11
Truitt T 0
Costello E J
Oook Tanner
Barker AE
Stewart J S
Billings J AV
Cabaniss Galloway
Oabaniss
Harris H C
Happ L M
Julian W J
Mann 8 F
Ogden J H L
Solomon W AY
Bearden J W Vet
Baldwin W P
Buttolph Gilbert
Groves J T Vet
Atkins T E
Bridges H C
Daniel Applewhite
Andrews II
Carrington Miss
0 B C S
Miller Bell
Anderson M
Lew is i A
La Fayetle Walker Co
AVardlaw Mrs Hattie E
Leesburgh Lee Co
Beazley H
Louisville Jefferson Co
Farmer L R
Lavonia Franklin Co
Dobbs E A
Luiwpkin Stewart Co
Mardre W S
Lithonia DeKalb Co
J C Johnson Vet
Macon Bibb Co
Bone AV H
Cobb Stetson Mallory
Curd Walker
Hodges J 0
Holt A T Vet
Jewett George B
Middlebrooks F G
Redding W A
Tinpin S B Sons
McRae Telfair Co
McRae Co
Madison Morgan Co
Furlow H H
Marshallrille Macon Co
Rice AV H
Marietta Cobb Co
Cohen A S
Matsrille Jackson Co
Yeargin AY M
McDonough Hmry Co
Lowe M 0
Milieu Screven Co
11 innphrey C II
Milkdgevillf Baldwin Co
Bethune W L
Conn O M
Lane E P
Monroe Walton Co
Lawshe P F
Walker C M
Knox S C
Pugh G AV
Budd J S
Corbett AV P
Harris M
Harvey H J Vet
Home II
Lowry T S Jr
Murphey T E
Sewell A M
West T
Shaw H T
Taylor IIAV
Hill Aliss Daisy
Bland M II
Laniar Bros Vei
McCraw M A
kau pence T II
Watkins P 12
COMPTROLLERGENERALS REPORT
DeVaughan J E
Lewis J F Son
Burney A H
Bish J I Vet
Clarke Z II
Anderson North
Fisher It C Co
Coper C F Co
Baum M
Branch Kennon
Dixon RJ
Graefer A H
Beyseigle W E
Chenney A I
Cothran Co
Brooks 1 F
Cohen M A Co
oleman II
Coney W M W E
Daniel Oarswell
Bearing Hull
Dreyfus S E
Da van I R 1 Son
Elliott A B
Farie A L
Tripp W 0 Co
Bashinsky Rogers
Karies i W
Gallaher Win Vet
Edwards Bros
Montezuma Macon Co
Felton A C
McKenzie J W
Monticello Jasper Co
Hill H C
Morgan Calhoun Co
Monroe A I Vet
Moultrie Colquitt Co
Cottle 0 J
Netvnan Coweta Co
Goodrum J J
Hill A W
Periy Houston Co
Holland E H
Pelham Mitchell Co
Twitty W C
Quitman Brooks Co
Davis J R
DeLoaeh C
Richland Stewart Co
Lay field Bell
Reynolds Taylor Co
Ilinton R A
Rockmart Polk Co
Beazley R R
Rome Floyd Co
Funkhouser S
Goetchius C B
Govan M F
Savannah Chatham Co
Guerrard A G Vet
I laines f S
Milliard I H
Hopkins W T
Harrison W G R C
Jackson S F
Jones Jones
Key II W
Kolshorn F
Kolloch Screven
Hill Y
Taylor L H
Pearsall A Shipj
McKenzie W W
Martin J 1
Grooves Co
Marshall A A
Graves R W 0
Rounsaville S II
Yancey IT
Marshall A A
Moses C F Co
OConnor E 11
Rowland Rowland
Schley J
Shelhnan A L
Shnlhaeier A
Pendergast A Black
Thomas T F
Train Harty
Sandersville Washington Co
Irwin A J
Roberson S B
Wicker T 0 Jr
Senoia Coweta Co
Pollock J D
Wicker T O
Worthen i BCOMPTROLLERGENERALS REPORT
13
Arthur T R
Burnett W H
Duggan M L
Lee J B
Chance H 11
Polhill 1 G
Shellman Randolph Co
Crittenden H C Jay W T
Social Circle Walton Co
Mobley M L
Sparta Hancock Co
Walker J D Wilson Shiver
Statesboro Bulloch Co
Ledsinger G Wilson J W
Summerville Chattooga Co
McArver J A
Swaynesboro Emanuel Co
Williams S G
Syliauia Screven Co
Matthews W L
Sylvester Worth Co
Wilder W C Co
Tallapoosa Harrahon Co
Greeley Geo M Co Griffith T W Quackenbush G F Co
Talbotton
McLaughlin J T Smith L W
Bardwell R N R
Carreker N P
Thomasville Thomas Co
Bennett A
Culpepper 1 T
Comfort B M Co Keese W M
Evans Son
llansell Merrill Smith E M Vet
MaUette E M Parker John F
Proctor Wm
Curtis W S
Banks W W
Bashniski I Co
Ramsey II A
Harris 1 S
Jessup J L
Smith R Vet
Thomaston tpson Co
King J S
Thomson McDuffie Co
McLean A h
Tiflon Berrien Co
Carson B Peeples B A Sons
Teimille Washington Co
Franklin T
Toccoa Habersham Co
Simpson l L
Valdosta Lowndes Co
Lang W Richarson B J
Peeples K A Son Symms A V
Villa Rica Carroll Co
Pope J H14
COMPTROLLERGENERALS REPORT
Farmer C 0
Anthony E M
Barksdale R 0
Goldsmith H H
Goldsmith M E
Fulcher W M
Jackson A 0
Arline Cook
Hicks J H
Vienna Dooly Co
RushinM E
Warrenton Warren Co
Farmer Allen Little J T
Washington Wilkes Co
Green T B
Hardeman S H
Waycross Ware Co
Knight Marshall
Lott Youmans
Turner J R
Myers E H
Stanton V L
Gwyn C R
Waynesboro Burke Co
Jones W E Neely R 0
West Point Trottp Co
Lanier P
Winder Jackson Co
Dabney W J
Wrightsville Johnson Co
Jackson Farmer Outlaw E A
Zebina Jefferson Co
Greene N
Zebulon Pike Co
Iverson R C
Special Agents Who Have Paid Tax to Canvass the Entire State
Angier
A mall OK
Atlanta Office of
Bankers Casualty
Bagley H 0
Boynton Jeffcoat
ButtF M
ByckM L
Bowen 1 A
Cameron 1 S
Cobb II H
Crandall G L
KoE A Go
Felder T B Jr
Grady W E
Harper W E Co
IIarty Apple
Haas A Son
Hawkins W E Co
Hodgson G T
Haas Co
Hardeman Eugene
Hilliard Lowry
Kendall J M
Kraus D
Leary Haas
Milledge RH
Nutting J C Co
Perdue Eggleston
Porter Moore
Pendleton V M
Prince J T
Riley JL Co
Rowland J T
Schatz S W
Terrell W A
Thomas W B
White V W
AVilson W L Co
NunIn addition to the above 780 paid in October November and
December 1898 and 90 paid in first quarter of 1899 for agents of 1898COMPTROLLERGENERALS REPORT
15
AGRICULTURAL FIRE INSURANCE CO OF WATERTOWN N Y
ICAPITAL
1 Whole amount of capital stock 500000 00
2 Amount paid up in cash 500000 00
IIASSETS
1 Market value of real estate owned by the company less
the amount of incubrances thereon 346110 00
2 Loins on bond and motrgage duly recorded and being first
Hens on the fee simple 914175 32
3 Interest due on all said bond and mortgage loans 5
38506 interest accrued thereon 1645093 total 21S35 99
4 Value of lands mortgaged exclusive of build
ings and perishable improvements 1143226 00
5 Value of buildings mortgaged insured for
755095 as collateral 837333 00
6 Total value of said morgaged prem
ises carried inside 1980559 00
9 Total par and market value of stocks and bonds owned ab
solutely by the company carried out at market value 441031 25
11 Total par and market value of stocks bonds and all other
securities except mortgages and amount loaned thereon 221526 66
12 Cah in companys principal office 25828 16
13 Cash belonging to the company deposited in
bank National Union 5564851 Jeffer
son Co National 4290636 NationalBnk
and Loan Co 544976 Watertown Na
tional 2041953 Watertown Savings
3000 Manhattan Co 2444445 total 151868 61
Total cash items 177696 77
15 Interest due and accrued on stocks not included in market
value uncollected 3839 25
16 Interest due and accrued on collateral loans and uncol
lected 6128 40
17 Cash in hands of agents and in course of transmission 168212 76
All other assets both real and personal as per schedule at
tached iz Rents due and accrued 850 due from
other companies for reinsurance on losses already paid
Capital Fire 160 Erie Fire 200330 Associated Man
ufacturers Mutual 1024 American Fire Pa 388
London Lancashire 4750 Royal 5909 29si 7
2303508 19
Amount deducted from above asssts on account of bad and
doubtful debts and securities viz from No 1 12000 12030 00
Total assets of the company actual cash market value 2291568 19
IIILIABILITIES
1 Losses due and unpaid 50927 71
2 Gros3 losses in process of adjustment or in
suspense including all reported and sup
posed losses 22263 81
16
COMPTROLLERGENERALS REPORT
3 Loses resisted including interest costs and
other expenses thereon 27000 00
4 Total gross amount of claims for losses 10020152
5 Deduct reinsurance thereon 10051 S8
6 Net amount of unpaid losses 90196 64
7 Gross premiums without any deduction re
ceived and receivable upon all unexpired
fire risks running one year or less from
date of policy 53144200 unearned
premiums fifty per cent 290721 00
8 Gross premiums without any deduction re
ceived and receivable upon all unexpired
fire risks running more than one year from
date of policy 162763648 unearned
premiums pro rata 815291 51
11 Total unearned premiums as computed above carried out 1106012 51
16 Cash dividends to stockholders remaining unpaid 500
19 All other demands against the company absolute and con
tingent due and to become due admitted and contested
viz Commission brokerage and other charges due and
to become due to agents and brokers or premiums paid
and in course of collection 4027236 reinsurance
2918900 total 6 461 36
20 Total amount of all liabilities except capital stock
scrip and net surplus 1265675 51
21 Joint stock capital actually paid up in cash 500000 00
23 Surplus beyond capital and all other liabilities 525892 68
24 Aggregate amount of all liabilities including capital
paid up and net surplus 2291563 19
IVINCOME DURING THE YEAR
1 Gross premiums and bills in course of col n Fire Risks
lection at close of last previous year as
shown by that years statement 200487 13
2 Deduct amount of same not collected 3211 30
3 Net collected 197275 83
4 Gross premiums on risks written and renewed
during the year 1396243 54
5 Total 1593519 37
li Deduct premiums and bills in course of col
lection at this date 168242 76
7 Entire premiums collected during the year 1425276 61
8 Deduct reinsuranc and return premiums 572260 97
9 Net cash actually received for premiums carried out 853015 64
10 Received for interest on bonds and mortgages 53805 35
11 Received for interests and dividends on stocks and bonds
collateral loans and from all other sources 28877 28COMPTROLLERGENERALS REPORT
17
12 Income received from all other sources omitting increase
if any in value of securities viz Rents 58801 net
less taxes and expenses total
15 Aggregate amount of income actually received during
the year in cash
VEXPENDITURES DURING THE YEAR
On Fire Risks
2
1 Gross amount actually paid for losses in
cluding 8691315 losses occuring in pre
vious years 605389 24
Deduct all amounts actually received for sal
vages whether on losses of the last or of
previous year 1052168 and all amounts
actually received for reinsurances in other
companies 14193272 total deductions 152454 40
3 Net amount paid during the year for losses
4 Cash dividends actually paid stockholders amount of stock
holders dividends declared during the year
6 Paid for commissions or brokerage
7 Paid for salaries fees and other charges of officers clerks
agents and all other employes
Paid for State national and local taxes in this and other
States
All other payments and expenditures viz General and
agency expenses postage exchange board taxes sta
tionery printing and maps total
Aggregate amount of actual expenditures during the
year in cash
Business in the State of Georgia during the year ending December
Fire Risks
808500 00
9791 43
3381 16
3516 16
BUSINESS IN GEORGIA FOR YEAR ENDING APRIL 30 1899
8
9
588 01
936286 28
452934 84
50050 00
166040 35
92025 78
39298 22
91229 25
Fire marine and inland risks written
Premiums received gross
Losses paid
Losses incurred
891578 44
31 1898
Aggregate
808500 00
9791 43
3381 16
3516 16
Risks
Premiums
Losses
Tax
858018 00
11637 23
4602 51
L16 37
AMERICAN FIRE INSURANCE COMPANY OF NEW YORK
400000 00
I CAPITA I
1 Whole amount of capital stocki
2 Amount paid up in cash 410000 00
IIASSETS
2 Loans on bond and mortgage duly recorded and being
first liens on the fee simple 14 500 00
3 Interest due on all said bond and mortgage loans
interest accrued thereon f8342 total 83 4218 COMPTROLLERGENERALS REPORT
9 Total nar and market value of stocks and bonds owned ab
solutely by the company carried out at market value 931 W
11 Total par and market value and amount loaned thereon 3o000 00
12 Cash in companys principal office
13 Cash belonging to the company deposited in bank of Amer
ican Exchange National Bank N Y 2240948 United
States Mortgage and Trust Co N Y 3948978 Union
National Bank Chicago 1079089 Bank of British
North America San Francisco Cal 3902 09 total 065 iA
15 Interest due and accrued on stocks not included in market
value uncollected
16 Interest due and accrued on collateral loans and uncollected 00
17 Cash in hands of agents and in course of transmission ikiuj ui
All other assets both real and personal viz Du9 from
other companies for reinsuranrJe on losses already paidu
Total assets of the company actual cash market
1245158 71
value
IIILIABILITIES
1 Losses due and unpaid 253S0 27
2 Gross losses in process of adjustment or in
suspense including all reported and sup
posed losses 43985 44
3 Losses resisted including interest costs and
other expenses thereon 4988 02
4 Total gross amount of claims for losses 74353 73
5 Deduct reinsurance thereon 926 87
6 Net amount of unpaid losses 6j096 8S
7 Gross premiums without any deduction re
ceived and receivable upon all unexpired
fire risks running one year or less from
date of policy 40947127
Unearned premiums fifty per cent 1343o 03
8 Gross premiums without any deduction re
ceived and receivable upon all unexpired
fire risks running more than one year from
date of policy 250580 72
Unearned premiums prorata 146415 26
11 Total unearned premiums as computed above carried out 381150 89
lo All other demands against the company absolute and con
tingent due and to become due admitted and contested
viz Commissions brokerage and other charges due and
to become due to agents and brokers on premiums paid
and in course of collection 3028561 reinsurance
49696 total 30782 57
20 Total amount of all liabilities except capital stock
scrip and net surplus 477030 32
21 Joint stock capital actually paid up in cash 400000 00
23 Surplus beyond capital and all other liabilities 308728 39
24 Aggregate amount of all liabilities including capital paid
up and net surplus 1245758 71COMPTROLLERGENERALS REPORT 19
IVINCOME DURING TUB YEAR
On Fire Risks
1 Gross premiums and bills in course of col
lection at close of last previous year as
shown by that years statement 122504 06
3 Net collected 122504 06
4 Gross premiums on risks written and renewed
during the year 853500 57
5 Total 976004 63
6 Deduct premiums and bills in course of col
lection at this date 142979 33
7 Entire premiums collected during the year 333025 25
8 Deduct reinsurance and return premiums 243043 74
9 Net cash actually received for premiums
carried out 589981 51
10 Received for interest on bonds and mortgages 725 00
11 Received for interests and dividends on stocks and bonds
collateral loans and from all other sources 3872S 11
12 Income received from all other sources omitting increase
if any in value of securities viz Recovered on doubtful
balances126 16
15 Aggregate amount of income actually received during the
year in cash 629500 7S
VEXPENDITURES DURING TEE YEAR
On Fire Risks
1 Gross amount actually paid for losses includ
ing 3000650 losses occurring in previous
years 35lV93 84
2 Deduct all amounts actually received for sal
vages whether on losses of the last or of
previous year 1037983 and all amounts
actually received for reinsurances in other
companies 1547796 total deductions 25857 79
3 Net amount paid during the year
for losses 330936 05
6 Paid for commissions or brokerage 128722 69
7 Paid for salaries fees and other charges of officers clerks
agents and all other employes 53111 74
8 Paid for State national and local taxes in this and other
States 19955 69
9 All other payments and expenditures viz postage adver
tising local and State boards maps stationery traveling
and sundries total 40105 IS
Aggregate amount of actual expenditures during the
year in cash 57831 35
Business in the Stale of Georgia during the year ending Dec 31 1898
Fire Risks
Fire marine and inland risks written 927260 00
Premiums received gross jo9
Losses paid V C
Losses incurred Jo 00
20
COMPTROLLERGENERALS REPORT
BUSINESS IN GEORGIA FOR YEAR ENDING APRL 30 1899
Risks 1238491 00
Premiums 17951 85
Losses 7138 48
Tax 179 51
ETNA INSURANCE COMPANY HARTFORD CONNECTICUT
ICAPITAL
1 Whole amount of joint stock or guaranteed capital author
ized 5000000 00
2 Whole amount of capital actually paid up in cash 4000000 00
IIASSETS
1 Value of real estate owned by the company less
the amount of encumbrances thereon 225000 00
2 Loans on bond and mortgage duly recorded and being fir3t
liens on the fee simple upon which not more than one
years interest is due 35600 00
4 Interest due on all said bond and mortgage loans
interest accrued thereon 32045 total 320 45
5 Value of the lands mortgaged exclusive of
buildings and perishable improvements 38200 00
0 Value of the buildings mortgaged insured
for 2650000 as collateral 38000 00
7 Total value of said mortgaged premises car
ried inside 76200 00
8 Total par and market valu of all stocks and bonds owned
absolutely by the company carried out at market value 10924392 30
10 Account of stocks bonds and all other securities except
mortgages hypothecated to the company as collateral
security for cash actually loaned by the company with
the par and market value of the same and the amount
loaned on each
Par Valua
National Bank of Com
merce New York 25
shares of 100 each 2500 00
Mechanics National
Bank New York 25
shares of 25 each 525 00
Mark t Value
5300 001
1187 50J
Amount Loaned
Thereon
3600 00
11 Total par and mar
ket value and amount
loaned thereon 3125 00 6487 50
12 Cash in companys principal office
13 Cash belonging to the company deposited in
bank as follows iEtna National Bank
Hartford 832222 Charter Oak National
Bank Hartford 3000000 City Bank
Hartford 5531737 Connecticut River
Banking Company Hartford 3000000
3600 00 3600 00
1720 29COMPTROLLERGENERAL3 REPORT
21
Fidelity Company Hartford 2000000
Farmers and Mechanics National Bank
Hartford 3000000 First National Bmk
Hartford 3000000 Hartford National
Bank Hartford 3000000 National Ex
change B ink Hartford 3000000 Phcenix
National Bank Hartford 36724931 State
Bank Hartford 3000000 New York Life
and Trust CompanyNew York 2501000
United States Trust Company New York
7757084 Merchants National Bink Cin
cinnati 1260181 Omaha National Bank
Omaha Neb 1340340 Bank of Califor
nia San Francisco 126600 Total 790730 95 792451 24
14 Interest due and accrued on stocks not included in mar
ket value 62500 Accrued on special deposits 137500 1000 00
15 Interest due and acsrued on collateral loans 90 00
16 Gross precums in due course of collection not more than
three months due 645167 46
The gross amount of all the assets of the company 12627621 45
Aggregate amount of all th3 assets of the company
stated at their actual valua 12627621 45
IIILIABILITIES
1 Gross claims for adjusted an 1 unpaid losses
due and to become due 41631 16
2 Gross losses in process of adjustment or in
suspense including all reported and sup
posed losses 480782 51
3 Losses resisted including interest cost and
other expenses thereon 29839 55
4 Total gross amount of claims for losses 552303 22
5 Deduct reinsurance thsreon 103317 45
6 Net amount of unpaid losses 448985 77
7 Gross premiums without any deduction re
ceived and receivable upon all unexpired
fire risks running one year or less from
date of policy 243S03608 unearned
premiums fifty per cent 1219048 04
8 Gros3 premiums without any deduction re
ceived and receivable upon all unexpired
fire risks running more than one year from
date of policy 345557465 unearned
premiums pro rata 18543S9 44
9 Gross premiums without any deduction in
cluding both cash and bills received and
receivable upon all unexpired inland nav
igation risks 12636184 unearned prem
iums fifty per cent 63180 92
11 Total unearned premiums as compute above carried out 3136018 4022 COMPTROLLERGENERALS REPORT
12 Amount reclaimable by the insured on perpetual fire insur
ance policies being ninetyfive per cent of the premium
or deposit received 63665 65
20 All other demands against the company absolute and con
tingent due and to become due admitted and contested
viz State city county or other taxes or assessments
commissions brokerage and other charges due and
to become due to agents and brokers on premiums paid
and in course of collection 10594055 Return premium
6356433 Total 169504 88
21 Total amount of all liabilities except capital stock and net
surplus 3818774 70
22 Joint stock capital actually paid up in cash 4000000 00
23 Surplus beyond capital and other liabilities 4808846 75
25 Aggregate amount of all liabilities incuding paidup capi
tal stock and net surplus12027621 45
IVRECEIPTS DURING THE YEAR
Frm From
Fire Risks Inland Risks
I Gross premiums and bills un
paid at close of last year as
shown by income 6 of that
years statement 544174 52 78605 23
3 Net collected 544174 55 78608 28
4 Gross premiums on risks writ
ten and renewed during
year as shown in exhibit
item 2 page 4 4505826 45 293794 88
5 Totals 5050000 97 372403 16
6 Deduct Gross premiums and
bills in course of collection
at this date 573843 40 7134 06
7 Entire premiums collected
during the year 4476157 57 301079 10
8 Deduct reinsurance rebate
abatement and return pre
miums 893113 23 109203 87
9 Net cash actually received for
premiums carried out 3583044 34 191875 23 3774919 57
10 Received for interest on mortgagt s 1958 78
II Received for interest and dividends on stocks and bonds
collateral loans and all other sources 501103 38
12 Income received from all other sources viz Rents 530743 5307 43
13 Deposit premiums less five per cent re
ceived for perpetual fire risks carried in
side 9654 14
15 Aggregate amonnt of receipts actually received during the
year in cash 4283289 16COMPTROLLERGENERALS REPORT 23
EXPENDITURES DURING THE YEAR
Or Fire Eisks On Inland Risks
1 Gross amount actually paid for
losses including 33956087
losses occurring in previous
years 2167357 92 204794 37
2 Deduct all amounts actually re
ceived for salvagewhether
on losses of the last or pre
vious years 1433892 and
all amounts actually re
ceived for reinsurance in
other companies 28568555
Total deductions 231623 96 68400 51
3 Net amount paid during the
year for losses 1935733 96 136393 86 2072127 82
4 Cash dividends actually paid stockholders amount of
stockholders dividends declared during the year 720030 720000 00
6 Paid for commissions or brokerage 605523 39
7 Paid for salaries fees and all other charges of officers
38 958 33 clerks 5495813 agents and all other em
ployees 18004242 273958 88
8 Paid for state national and local taxrs in this and other
states m42i 76
9 All other payments and expenditures Interest on bor
rowed money general expenses printing adver
tising postage exchange express charges traveling
expenses etc Total 290192 63
10 Amount of deposit premium returned during
the year on perpetual fire risks 73945
Aeerecate amount of actual expenditures during the year
in cash 4073227 48
Business in the Slate of Georgia Daring the Year 1898
FireRiks Aggregate
Fire and Man 1 marine risks taken 5452150 00 545215 I 00
Premiums received 8
45572 9b 4v 9
L0SSeSpaKl 47425 28 47425 28
Losses incurred
BUSINESS IN GEORGIA FOR YEAR ENDING APRIL 30 1899
5530971 00
Rlsks 81516 52
Premiums 4970S 41
Losses 815 16
Tax24 COMPTROLLERGENERALS REPORT
ATLANTA HOME FIRE INSURNCE COMPANY ATLANTA GA
ICAPITAL
1 Whole amount of capital stock 500000 00
2 Amount paid up in cash 500000 00
IIASSETS
1 Market value of real estate owned by the company less the
amount of incumbranees thereon 79 230 32
2 Loans on bond and mortgage duly recorded and being first
liens on the fee simple 310 792 41
3 Interest due on all said bond and mortgage loans 159479
interest accrued thereon 1062519 total 15 219 98
4 Value of lands mortgaged exclusive of build
ings and perishable improvements 494500 00
5 Value of buildings mortgaged insured for
118287500 as collateral 194 400 00
6 Total value of said mortgaged premises
carried inside 688900 00
9 Total par and market value of stocks and bonds owned abso
lutely by the company carried out at market value 291247 50
11 Total par and market value of stocks and bonds and all other
securities except mortgages and amount loaned thereon 28675 96
12 Cash in Companys principal office 591 51
13 Cash belonging to the company deposited in
bank Lowery Banking Co 2424326 Cen
tral National Bank N Y 836 40 25079 66
Total cash items 25 671 17
15 Interest due and accrued on stocks and bonds not included in
market value uncollected 1 409 20
16 Interest due and accrued on collateral loans and uncollected 1018 65
17 Cash in hands of agents and in course of transmission 56 162 33
Total assets of the company actual cash market value 809427 52
IIILIABILITIES
2 Gross losses in process of adjustment or in sus
pense including all reported or supposed
losses 46744 32
3 Losses resisted including interest cost and
other expenses thereon 2 125 00
4 Total gross amount of claims for losses 58869 32
5 Deduct reinsurance thereon 25 727 30
6 Net amount of unpaid losses 33 142 02
7 Gross premiums without any deduction re
ceived and receivable upon all unexpired fire
risks running one year or less from date of
VMcJ 192986 00
Unearned premiums fifty percent 96 493 00COMPTROLLERGENERALS REPORT
8 Gross premiums without any deduction re
ceived and receivable upon all unexpired
fire risks running more than one year from
date of policy 10873319 Unearned pre
miums pro rata 6661000
9 Gross premiums without any deduction including both cash
and bills received and receivable upon all unexpired in
land navigation and marine risks
20 Total amount of liabilities except capital stock scrip and net
surplus
21 Joint stock capital actually paid up in cash
23 Surplus beyond capital and all other liabilities
24 Aggregate amount of all liabilities including capital paid up
and net surplus
IVINCOME DURING THE YEAR
On Fire Risks
1 Gross premiums and bills in course of collec
tion at close of last previous year as shown
by that years statement 27695 21
2 Deduct amount of same not collected 27595 21
3 Net collected
4 Gross premiums on risks written and renewed
during the year 482402 57
5 Total 509997 78
6 Deduct premiums and bills in course of collec
tion at this date 56162 33
7 Kntire premiums collected during the year 453835 45
8 Deduct reinsured and return premiums 214034 91
9 Net cash actually received for premiums car
ried out
11 Keceived for interests and dividends on stocks and bonds col
lateral loans and from all other sources
12 Income received from all other sources omitting increase
if any in value of securities
15 Aegregate amount of income actually received during the
year in cash
VEXPENDITURES DURING THE YEAR
On Fire
1 Gross amount actually paid for losses includ
ing 1224871 Losses occurring in pre
vious years 147208 91
2 Deduct all amounts actually received for sal
vageswhotber on losses of the last or of pre
vious year 45357 and all amounts actually
received for re insurances in other companies
2402372 total deductions 24477 29
Net amount paid during the year for losses
25
163103 00
196245 02
500000 00
113182 50
8C9427 52
239800 54
36410 08
10058 30
286268 92
122731 62
26 COMPTROLLERGENERALS REPORT
4 Cash dividends actually paid stockholders amount of stock
holders dividends declared during the year 40000 00
6 Paid for commissions or brokerage 54276 32
7 Paid for salaries fees and other charges of officers clerks
agents and all other employes 18990 42
8 Paid for State national and local taxes in this and other States 6023 42
9 All other payments and expenditures viz Stationery
202496 repairs and expenses on real estate 45634 fur
niture and fixtures 27544 miscellaneous 1208592 inter
nal revenue 109825 15940 91
10 Rent 1963 75
Aggregate amount of actual expenditures during the year
in cash 259926 44
Business in the State of Georgia During the year ending December 31 1898
Fire marine and inland risks written 4577958 00
Premiums received gross 67121 98
Losses paid 18179 38
Losses incurred 19354 73
BUSINESS IN GEORIGA FOR YEAR 1899 ENDING APRIL 30 1899
Rsts 4452350 00
Premiums 69378 57
Losses 14658 37
Tax 693 78
BRITISH AMERICA ASSURANCE COMPANY OP TORONTO
CANANDA
IIASSETS
Account of Bonds of the United States and of this State and of other States and nho
of Bonds of incorporated cities in this State and of all other Bonds and Stocks
owned absolutely by the Company
2 Loans on bond and mortgage duly recorded and being first
liens on the fee simple 10000 00
9 Total par and market value of bonds and stocks owned
absolutely by the company carried out at market value 998072 75
13 Cash belonging to the company deposited in bankCanadian
Bank of Commerce New York 42188 60
15 Interest due and accrued on stocks not included in market
value uncollected 9712 51
17 Cash in hands of agents and in course of transmission 205088 77
18 Bills receivable not matured taken for fiie marine and
inland risks 6368 48
Total assets of the company actual cash market value 1271431 11
III LIABILITIES
1 Losses due and unpaid 60602 C5
2 Gross losses in process of adjustment or in sus
pense including all reported and supposed
losses 57889 69COMPTROLLERGENERALS REPORT
3 Losses resisted including interests costs and
other expenses thereonJ880JJU
4 Total gross amount of claims for losses 128371 74
6 Net amount of unpaid losses
I Gross premiums without any deduction re
ceived and receivable upon all unexpired
fire risks running one year or less from date
of policy 63575334 Unearned premiums
ii t 317876 67
fifty per cent
8 Gross premiums without any deduction re
ceived and receivable upon all unexpired
lire risks running more than one year from
date of policy 42538855 Unearned
premiums pro rata 228006 72
9 Gross premiums without any deduction includ
ing both cash and bills received and re
ceivable upon all unexpired inland naviga
tion and marine risks 28898 25
10 Gross premiums without any deduction re
ceived and receivable on all unexpired ma
7326 59
rino risks
II Total unearned premiums as computed
above carried on
19 All other demands against the company ab
solute and contingent due and to become
due admitted and contested viz commis
sion brokerage and other charges 4073196
return premiums 1922970 reinsurance
80238
20 Total amount of all liabilities except
capital stock scrip and net surplus
23 Surplus beyond capital and all other liabilities
21 Aggregate amount of all liabilities in
cluding captal paid up and net sur
plus
IVINCOME DURING THE YER
On Marine ami
On Fire Risks iuialla RLks
1 Gross premiums and bills in course
of collection at close of last
previous vear as shown by that
years statement 197039 85 19192 20
3 Net collected W089 86 19 192 20
4 Gross premiums on risks written
and renewed during the year U2896569 208177 71
Total1326005 54 227360 91
G Deduct premiums and bills in
course of collection at this date 183579 27 21509 50
27
128371 74
582 198 23
60 764 04
771334 01
500097 10
1271431 1128 COMPTROLLERGENERALS REPORT
7 Entire premiums collected during
the year1142426 27 205860 41
8 Deduct reinsurance and return
premiums 283792 56 44204 84
9 Net cash actually receeived for
premiums carried out 858633 71 161655 57 1020289 28
11 Received for interests and dividends on stocks and bonds col
lateral loans and from all other sources 42 776 04
15 Aggregate amount of income actually received during
the year in cash 1063065 32
VEXPENDITURES DURING THE YEAR
On Fre Risks n
Inland Risks
1 Gross amount actually paid for
losses including 11829275
losesoccuring in previous years 611047 84 133 462 11
2 Deduct all amounts actually re
ceived for salvages whether on
losses of the last or of previous
year 954789 and all amounts
actually received for reinsur
ance in other companies 68
16549 Total deductions 61969 17 15744 21
3 Net amount paid during the year
for loEses 549078 67 117717 90 666796 57
6 Paid for commissions or brokerage 193 8y8 23
7 Paid for salaries fees and other charges of officers clerks
agents and ail other employes 49 030 42
8 Paid for state national and local taxes in this and other states 31890 87
9 All other payments and expenditures viz Advertising
board and patrol exchange office expenses postage print
ing and stationery and supervision 71 007 90
Aggregate amount of actual expenditures during the
year in cash 1017625 99
Business in the State of Georgia during the Year ending Dec 31 1898
Fire Risks
Fire marine and inland risks written 1174 977 00
Premiums received gross 17447 4
Losses paid 18 731 m
Losses incurred 20 273 33
BUSINESS IN OEORQIA FOR YEAR ENDING APRIL 30 1899
Eisks 1114631 00
Premiums 1407J 15
LosstE 20462 88
Ta 140 79COMPTROLLERGENERALS REPORT
UNITED STATES BRANCH OF THE CALEDONIAN FIRE INSUR
ANCE COMPANY OF EDINBURGH SCOTLAND
I CAPITAL
1 Whole amount of capital stock 5000000 00
2 Amount paid up in cash 037500 0
II ASSETS
9 Total par and market value of stocks and bonds owned abso
lutely by the company carried out at market value 1732695 00
12 Cash in companys principal office 427 10
13 Cash belonging to company deposited in bank American
Exchange National Bank of New Tork trustees account
1106820 managers account 7920250 Bank of British
North America San Francisco 156177 total 91832 47
15 Interest due and accrued on bonds not included in market
value uncollected 20871 63
18 Bills receivable not matured taken for fire marine and inland
risks 521 11
All other assets both real and personal viz Due from other
companies for reinsurance on losses already paid 2901 55
Gross premiums as written in the policies in course of col
lection on policies written within three months 151767 52
Total assets of the company actual cash market value 2001016 38
III LIABILITIES
1 Losses due and unpaid 98671 72
2 Gross losses in process of adjustment or in suspense
including all reported and supposed losses 54506 22
3 Losses resisted including interest costs and other
expenses thereon17316 67
4 Total gross amount of claims for losses 170494 61
5 Deduct reinsurancc thereon15950 42
6 Net amount of unpaid losses 154544 19
7 Gross premiums without any deduction received and
receivable upon all unexpired fire risks running
one year or less from date of pclicy 8S033286
unearned premiums 50 per cent440166 43
8 Gross premiums without any deduction received and
receivable upon all unexpired fire risks running
more than one year from date of policy 864
31633 unearned premiums pro rata459664 15
11 Total unearned premiums as computed above 899S30 08
19 AH other demands against the company absolute and contin
gent due and to become due admitted and contested viz
Commission brokerage and other charges due and to be
came due to agents and brokers on premiums paid and in
course of collection 3199203 reinsurance 2035776
other liabilities 251211 contingent 10 00000 61861 90
20 Total amount of all liabilities except capital stock
scrip aid net surplus 1119286 u
23 Surplus beyond capital and all other liabilities 88177 71
24 Aggregate amount of all liabilities including capital paid up
and net surplus 2001016 3830
COMPTROLLERGENERALS report
IV INCOME DURING THE YEAR
On Fire Risks
1 Grrss premiums and bills in course of collection
at close of last previous year as shown by that
years statement 167 138 17
4 Gross premiums on risks written and renewed
during the year1552840 27
5 Total1719978 44
6 Deduct premiums and bills in course of collection
at this date 156907 20
7 Entire premiums collected during the year 1563071 24
8 Deduct reinsurance and return premiums 384173 21
9 Net cash actually received for premiums 1178898 03
11 Received for interests and dividends on stocks and bonds col
lateral loans and from all other sources 73421 15
15 Aggregate amount of income actually received during the
year in cash 1252319 18
V EXPENDITURES TURING THE YEAR
On Fire Risks
1 Gross amount actually paid for losses 910301 54
2 Deduct all amounts actually received for salvages
whether on losses of the last or of previous
year 510702 and all amounts actually re
received for reinsurances in other companies
9684295 Total deductions 101949 97
3 5et amount paid during the year for losses 808351 57
5 Paid for commissions or brokerage 242893 76
7 Paid for salaries fees and other charges of officers clerks
agents and all other employes 94183 94
8 Paid for State national and local taxes in this and other States 39220 05
9 All other payments and expenditures viz Kent traveling
stationery printing advertising war revenue legal and all
other expenses 72301 72
Aggregate amount of actual expenditures during the year in
cash 1250951 04
Business in the State of Georgia During the Year Ending December 31 1898
Fire marine and inland risks written 849179 00
Premiums received gross 15749 12
Losses paid 26126 51
Losses incurred 26724 12
BUSINESS IN GEORGIA IOR YEAR ENDING APRIL 30 1899
Ris 872196 00
Premiums 16126 55
Losses 26812 16
Tax 161 26COMPTROLLERGENERALS REPORT
31
THE COMMERCIAL UNION ASSURANCE COMPANY LTD OF
LONDON ENGLAND
IASSETS
1 Market value of real estate owned by the company f the
amount of incambrances thereon 88814 by
2 Loans on bond and mortgage duly recorded and being first
r i 26o500 v
liens on the fee simple
3 Interest due on all said bond and mortgage loans in
terest accrued thereon 3375905 total VJ
4 Value of lands mortgaged exclusive of
buildings and perishable improvements 168003 00
5 Value of buildings mortgaged insured
for 212000 as collateral 263000 00
Total value of said mortgaged prem
ises carried inside 448000 00
9 Total par and market value of stocks and bonds owned abso
lutely by the company carried out at market value I78bl6 OU
12 Cash in companys principal office 16026 to
13 Cash belonging to the company deposited in bank ot NY
Life Insurance and Trust Co25235088 National Bank of
Commerce N Y 14428298 American Exchange Na
tional N Y 2087055 Colorado National Denver
9 3865 AnoloCalifornia San Francisco 15 40373
A 435244 39
total
15 Interest due and accrued on stocks not included in market
i i 26654 lo
value uncollected
17 Gross premiums aswritten in the policies in course of col
lection on policies written within three months 387b04 14
18 Bills receivable not matured taken for tire marine and inland
1548 50
risks
All other assets both real and persjnal viz Rents due and
accrued 7 41456 due from other companies for re
insurance on losses already paid251731 viz American
of N Y 3968 Commercial Union of N Y250
Caledonian of Scotland 4375 Security of Conn 1
89 79 London Assurance of England 54159 agents
97 10693 14
balances 76127
Total assets of the company actual cash market value 3772793 69
IIILIABILITIES
1 Losses due and unpaid 59073 lo
2 Gross losses in process of adjustment or in sus
pense including all reported and supposed
T 147740 00
losses
3 Losses resisted including interest costs and
other expenses thereon 23875 JJ0
4 Total gross amount of cUims for losses 230688 75
6 Deduct reinsurance thereon 190500
G Net amount of unpaid losses 228783 7532
COMPTROLLERGENERALS REPORT
11
Gross premiums without any deduction re
ceived and receivable upon all unexpired fire
risks running one year or less from date of
policy unearned premiums fifty per cent
1680194 83 840097 42
Gross premiums without any deduction re
ceived and receivable upon all unexpired fire
risks running more than one year from date
of policy 97420777 unearned premiums
pro rata 1845110 75
Total unearned premiums as computed above carried out
181430 19
12 Net premiums reserve and all other liabilities except capital
under the life insurance or any other special department 91349 28
19 All other demands against the company absolute and contin
gent due and to Become due admitted and contested viz
Commissions brokerage and other charges due and to be
come due to agents and brokers on premiums paid and in
course of collection 4743474 return premiums 536999
reinsurance 467423 57 478 96
Total 2191917 18
23 Surplus beyond capital and all other liabilities Ii80 876 51
24 Aggregate amount of all liabilities including capital paid up
and net surplus 3772793 69
IV INCOME DURING THE YEAR
Fire Risks
Gross premiums and bills in course
of collection at close of last pre
vious year as shown by that
years statement 397732 06
Net collected 397732 06
Gross premiums and risks written
during the year2 809230 88
Marine and
Inland Risss
3206902 94
5 Total
6 Deduct premiums and bills in
course of collection at this date 387032 30
7 Entire premiums collected during
the year2819930 64
8 Deduct reinsurance and return
premiums 584055 58
9 Net cash actually received for
premiums carried out 2235875 06
10 Received for interest on bonds and mortgages
11 Received for interests and dividends on stocks and bonds col
lateral loans and from all othor sources
12 Income received from all other sources omitting increase if
any in value of securities viz Rents 22566 67 total
3500 00
3500 0J
33893 75
37393 75
5054 84
32338 91
7380 6ii
24958 25
2260833 31
6048 83
78032 74
22566 67
15 Asgregate amount of ineome actually received during the
year in cash 2367481 55COMPTROLLERGENERALS REPORT
33
V EXPENDITURES DURING TUB YEAR
Marine and
Fire Risks Inland Risks
1 Gross amount actually paid for
losses including 17281992
losses occurring in previous
years 1305830 66 28554 82
2 Deduct all amounts actually re
ceived for salvages whether
on losses of the last or previous
year 1312033 and all
amounts actually received for
reinsurance in other compa
nies 5869332 total deduc
tions 62658 31 9155 34
3 Net amount paid during the
year for losses 1243172 35 19399 48126257183
6 Paid for commission or brokerage 443447 53
7 Paid for salaries fees and other charges ot officers clerks
agents and all other employes 146130 01
8 Paid for State national and local taxes in this and other States 70300 45
9 All other payments and expenditures viz Boards advertis
ing printing and stationery traveling and surveys maps
postage telegrams agency expenses furniture office ex
penses and legal total 143633 52
10 Sent to Home office during the year 192686 93
Aggregate amount of actual expenditures durng the year
in cash 2066083 34
Business in the State of Georgia During the year ending Dec 31 1898
Fire Rsks
Fire marine and inland risks written 3777064 00
Premiums received gross 59015 12
Losses paid 48166 81
Losses incurred 58319 56
BUSINESS IN GEORGIA TOR YE4R ENDING APRIL 30 1899
Risks 3992043 00
Premiums 59921 12
Losses 3822 61
Tax 599 21
THE CONTINENTAL INSURANCE COMPANY OF NEW YORK
I CAPITAL
Whole amount of capital actually paid up in cash 1000000 00
II ASSETS
1 Value of real estate owned by the company 110025000
2 Loans on bond and mortgage duly recorded and being first
liens on the fee simple upon which not more than one
years interest is due 81660 0034
COMPTROLLERGENERALS REPORT
4 Interest due on all said bond and mortgage loans 1702 22
5 Value of land mortgaged exclusive of build
ings and perishable improvements 99650 00
6 Value of the buildings mortgaged 92500 00
7 Total value of said mortgaged premises 192150 00
8 Total par and market value of bonds and stocks owned abso
lutely by the company carried out at market value 6881386 00
12 Cash in the companys principal office 10558 17
13 Cash belonging to the company deposited in
First National Bank N Y 15840872
National Union Bank N Y 2133661
Mechanics National Bank N Y 5560
Central Trust Co N Y 2950 First Na
tional Bank Brooklyn N Y 1241017
Brooklyn Trust Co Brooklyn N Y 57
38769 Franklin Trust Co Brooklyn IS Y
5446967 First National Bank Chicago
Ills 2101639 U S Mortgage Trust
Co N Y 1157460 Union Dime Savings
Institution 302510 Crocker Woolworth
National Bank San Francisco Cal 2500 315636 01 36193 18
14 Interest due and accrued on stocks and bonds not included
in market value 65491 03
15 Interest due and accrued on collateral loans bank balances etc 381 28
16 Gross premiums in course of collection not more than three
months due 480893 06
17 Bills receivable not matured taken for Are tornado marine
and inland risks 102026 57
18 All other property belonging to the company viz Rents due
and accrued 1125 83
Aggregate amount of all the assets of the company stated at
their actual value 9077114 17
III LIABILITIES
2 Gross losses in process of adjustment or in sus
pense including all reported and supposed
losses 357531 59
3Losses resisted including interest cost and
other expenses thereon 32 20 00
4 Total gross amount of claims for losses 3978l 59
5 Deduct reinsurance thereon 38851 75
6 Net amount of unpaid losses 350 929 04
7 Gross premiums received and receivable upon
all unexpired tire and tornado risks running
one vear or less from date of policy includ
ing interest premiums on perpetual fire r sks
22U245969 unearned premiums fifty per
cent 1101229 85
8 Gross premiums received and receivable upon
all unexpired fire and tornado risks running
more than one year from date of policy
511067575 unearned premiums prorata 2661689 44
11 Total unearned premiums as computed above 376291929COMPTROLLERGENERALS REPORT
35
15
16
17
18
19J
20
21
22
23
25
Principal unpaid on scrip or certificates of profits which have
been authorized or ordered to be redeemed
Interest due and declared remaining unpaid or uncalled for
Cash dividends to stockholders remaining unpaid
Due and accrued for salaries rent advertising and for agency
and other miscellaneous expenses
Reserved for contingencies
All other demands against the company absolute and contin
gent due and to bcome due admitted and contested in
cluding commissions and brokerage and reinsurance
Total amount of all liabilities except capital stock and
net surplus
Joint stock capital actually paid up in cash
Amount carried to guarantee sur
plus fund 600000 00
Surplus Amount carried to special reserve
600000 00
2279234 88
28585 00
6091 68
150 00
15 000 00
300000 00
134203 48
fund
Unallotted surplus
4597879 29
1000000 00
3479234 88
Aggregate amount of all liabilities including paidup capital
stock and net surplus
9077114 17
IVINCOME DURING THE YEAH
1 Gross premiums and bills in course of collection From Are and
at close of last previous year as shown by Tornado Risks
that years statement 558455 61
2 Deduct amount of same not collected 253021
8 Net collected 555925 40
4 Gross premiums on risks written and renewed
during the year 4317015 89
5 Total 4872941 29
i Deduct premiums and bills in course of collec
tion at this date 582919 63
1290021 66
560253 31
7 retire premiums collected during the year
8 Deduct reinsurance and return premiums
9 Net cash actually received for premiums
10 Received for interest on bonds and mortgages
11 Received for interest and dividends on stocks and bonds col
lateral loans and from all other sources
12 Income received from all other sources viz Rents
3729768 35
4531 84
310627 71
23868 31
15 Afreate amount of income actually received during the
yearin cash 4O087Hi 21
VEXPENDITURES DURING THE YEAH
1 Gross amount actually paid for losses includ
ing 30235605 losses occurring in previous
years
On F re and
Toitiudo Risks
1952975 1336
COMPTROLLERGENERALS REPORT
2 Deduct all amounts actually received for salv
ages whether on losses ot the last or of pre
vious years 310049 and all amounts actu
ally received lor reinsurance in other com
panies 4699030 Total deductions 50150 79
3 Net amount paid during the year for losses 190281 31
4 Cash dividends actually paid stockholders amount of stock
holders dividends declared during the year 275000 276650 00
5 Scrip or certificates of profits redeemed in cash and interest
paid to scripholders 140 00
6 Paid for commissions or brokerage 817932 75
7 Paid for salaries fees and all other charges of officers clerks
agents and all other employes 335385 96
8 Paid for State national and local taxes in this and other Statas 98797 17
9 All other payments and expenditures viz Stationery print
ing advertising postage express traveling expenses hotel
fares national and local boards rents maps supplies etc 226407 01
Aggregate amount of actual expenditures during the year in
cash 3658137 26
Business in the State of Georgia During the Year 1898
Fire and
Tornado Risks
Fire marine and inland risks taken 4454970 00
Premiums received 64857 49
Losses paid 67677 99
Losses incurred 71002 40
BUSINE S IN GEORGIA FOR YEAR 1899
Risks 5404107 29
Premiums 70065 04
Losses 55507 38
Tax 700 65
THE CONNECTICUT FIRE INSURANCE COMPANY HARTFORD
CONNECTICUT
ICAPITAL STOCK
1 Amount capital stock authorized 1000000
subscribed for 1009000 00
Amount of capital paid up in cash 1000000 00
a Amount of net ledger assets December
31 of previous year 3413446 40
Extended at 3413446 40
IIINCOME DURING YEAR
As shown by the books at home office at close of business December 31
1 Gross premiums and bills unpaid at close of Vite
previous year as shown by that years
statement 157500 00
2 Add for under estimate 9727 37
3 Total collected 167227 37COMPTROLLERGENERALS REPORT 37
4 Gross premiums written and renewed dur
ing the year 1941949 91
5 Total 2109177 28
6 Deduct gross premiums and bills excluding
return premiums and reinsurance in
course of collection at this date 158200 00
7 Entire premiums collected during the
year 1950977 28
8 Deduct reinsurance rebate abatement and
return premiums 290816 37
9 Received for premiums other than prptuals 1054130 91
12 Interest on real estate mortgage loans 57
47546 on other collateral loans 6361 57539 07
13 Interest and dividends on stojks and bonds
and from all other sources 95938 60
Total rents and interesti 153477 67
14 Profit on sale or maturity of ledger assets during the year
over book values 4100 09
Total income during the year 1811708 67
Total footings 5225155 07
IIIDISBURSEMENTS DURING YEAR
As shown by the books at home office at close of business December 31
1 Gross amount paid for losses including 125 Flre
32080 occurring in previous years 1052617 07
2 Deduct amounts received for salvages on
losses of the last or of previous years
531460 and from reinsurance in other
companies 1703041 72351 01
3 Net amount paid during the year for losses 980290 06
5 Paid stockholders for interest or dividends 100000 00
7 Commissions or brokerage to agents less received on re
insurances 2924ss 83
9 Rents 8205 99
10 Salaries fees and all other charges officers clerks and
other employes 142319 08
12 Insurance department fees agents licenses and tax on
premiums 50825 20
13 Advertising printing stationery legal and miscellaneous
expenses repairs and expense on real estate deducted
from gross rentals hence not included here 124155 52
14 Net loss on sales or maturity of ledger assets 4510 so
Total expenditures during the year 1702807 45
Balance 3522287 0238
COMPTROLLERGENERALS REPORT
IVLEDGER ASSETS
As per ledger accounts shown by the looks at h me office at close of business Dec 31
1 Book value real estate unincumbered 22290000 incum
bered total 222900 00
2 Mortgage loans on real estat first liens 1079590 other
than first total 1079590 00
4 Book value of bonds excluding interest 143550438 and
stocks 49168097 1927285 35
5 Cash in companys office 42032 deposited in bank 214
580 71 National Exchange Bank Hartford 19434003
Continental National Bank Chicago 1873268 Anglo
California Bank San Francisco 150800 215001 03
6 Bills receivable 146295 agents debit balances net 76
04829 77511 24
Total net ledger assets as per balance on page 1 3522287 62
NonLedger Assets
14 Market value not including interest of bonds and slocks
over book value 09512 65
15 Gross premiums excluding return premi
ums and reinsurance in course of collec
tion Dec 31 not more than three months
due 133 000 00
16 Deduct cost of collection commission brok
erage and all other expenses 52500 00
17 Nt amount of uncollected premiums not
more than three months due 80500 00
Total admitted assets
3702300 27
V XON LEDGER LIABILITIES
1
Losses adjusted and unpaid due
not yet due 5227764
2 Losses in pr csss of adjustment or in sus
pense including all reported and supposed
losses
3 Losses resisted not outlawed including in
terest costs and other expenses thereon
Total amount of claims for losses
Deduct reinsurance due or accrued
Net amount of unpaid losses
Gross premiums less reinsurance received
and receivable upon all unexpired fire risks
running one year or less from date of pol
icv including interest premiums on per
petual fire riks 105196072 unearned
premiums fifty per cent
8 Gross premiums lessreinsurance received
and receivable upon all unexpired fire
risks running more than one year from
date of policy 176482693 unearned pre
miums pro rata
Total unearned premiums as eom
64
79798 77
1280 25
141885 66
5694 21
139191 45
525989 36
924582 16
11
puted above 1450 562 52COMPTROLLERGENERALS REPORT
39
22 Total amount of all liabilities 1589753 9
3 Joint stock capital actually paid up in cash 1000000 00
26 Divisible surplus WM 30 2112546 30
Total 3702300 T
Business in the Stale of Georgia During the Year 1898
Fire ard Tornado Riks
788500 00
Gross risks written
Gross premiums received
Losses paid
Losses incurred
BUSINESS IS GEORGIA FOR YEAR ENDING APRIL 30 1899
726400 00
10172 36
15407 73
15610 23
Risks
Premiums
Losses
Tax
8S1U 67
11025 47
8S 40
THE DELAWARE INSURANCE COMPANY OF PHILADELPHIA PA
ICAPITAL
12
13
Whole amount of capital stock
Amount paid up in cash
IIASSETS
Market value of real estate owned by the
company less the amount of incum
brances thereon
Loans on bond and mortgage duly recorded
and being first liens on the fee simple
Interest due on all said bond and mortgage
loans Interest accrued
thereon 280556 Total
Value of lands mortgaged exclusive of
buildings and perishable improvements
Value of buildings mortgaged insured for
12700 as collateral
Total value of said mortgaged prem
ises carried inside
Total par and market value of stocks
and bonds owned absolutely by the
company carried out at market
value
Cash in companys principal office
Cash belonging to the company deposited in
Bank N A 3366248 Penn National
1145489 Girard National 4016582
First National Chicago 341240 Oity
National Dallas 476953 Lowry Bank
ing Co Atlanta 846113 Total
1000000 00
702875 00
160000 00
175200 00
2805 56
305000 00
158500 00
463500 00
417 51
101926 75
1021239 00
Total cash items
102344 2640
COMPTROLLERGENERALS REPORT
17 Oash in hands of agents and in course of transmission
18 Bills receivable not matured taken for Are marine and
inland risks
All other assets both real and personal as per schedule
attached viz Rents due and accrued 70001 sundry
book accounts 114618 premium on perpetual poli
cies in course of collection 179902
153469 75
1569 27
3645 21
Total assets of the company actual cash market
value 1620273 05
IIILIABILITIES
Losses due and unpaid 1844 20
Gross losses in process of adjustment or in
suspense including all reported and sup
posed losses 70628 96
Losses resisted including interest costs
and other expenses thereon 4287 84
Total gross amount of claims for losses
Deduct reinsurance thereon
76761 00
13355 01
Net amount of unpaid losses
Gross premiums without any deduction re
ceived and receivable upon all unexpired
Are risks running one year or less from
date of policy 44025160 Unearned pre
miums fifty per cent
Gross premiums without any deduction re
ceived and receivable upon all unexpired
fire risks running more than one year
from date of policy 65106023 Un
earned premiums pro rata
220125 80
327421 25
11
16
19
20
21
23
24
Total unearned premiums as computed above carried out
Amount reclaimable on perpetual risks
Oash dividends to stockholders remaining unpaid
All other demands againt the company absolute and con
tingent due and to become due admitted and con
tested viz Commission 1769233 reinsurance
441454
Total amount of all liabilities except capital stock
scrip and net surplus
Joint stock capital actually paid up in cash
Surplus beyond capital and all other liabilities
63400 Oft
547547 05
97582 34
97 00
22106 S7
7150739 20
702875 00
186658 70
Aggregate amount of all liabilities including capital paid
up and net surplus 1 2Q 273
03
IVINCOME DURING THE YEAR
On Fire Risks
1 Cross premiums and bills in course of col
lection at close of last previous year as
shown by that years statement 156212 89
3 Net collected 15212 89COMPTROLLERGENERALS REPORT
41
Gross premiums on risks written and re
newed daring the year
846310 57
Total 1002523 46
Deduct premiums and bills in course of col
lection at this date 153469 75
Entire premiums collected during the year 849053 71
Deduct reinsurance and return premiums 206947 22
10
11
12
15
Net cash actually received for premiums
carried out 642100 49
Received for interest on bonds and mortgages
Received for interests and dividends on stocks and bonds
collateral loans and from all other sources
Income received from all other sources omitting increase
if any in value of securities viz Rents 251436
premiums on perpetual policies 12106 29 Miscellan
eous 13670
Aggregate amount of income actually received during
te year in cash
EXPENDITURES DURING THE YEAR
On Marine and
Inand Risks
Ou Fire Risks
Gross amount actually paid for
losses including 7637878
occuring in previous years 433572 52
Deduct all amounts actually re
ceived for salvages whether
on losses of the last or of pre
vious year 441330 and all
amounts actually received
for reinsurance in other com
panies 4227546 Total de
ductions 46438 76
746 13
250 00
642106 4S
7988 16
42758 13
4757 35
697610 13
Net amount paid during the
year for losses 387133 76 496 13 387629 89
Cash dividends actually paid stockholders amount of
stockholders dividends declared during the year
Paid for commissions or brokerage
Paid for salaries fees and other charges of officers clerks
agents and all other employes
Paid for state national and local taxes in this and other
states
All other payments and expenditures
Aggregate amount of actual expenditures during
the year in cash
Business in the State of Georgia During thi Year
42172 50
128489 26
77048 12
31032 71
63828 18
730200 66
Fire marine and inland risks written
Premiums received gross
Losses paid
Losses incurred
Fire Risks
950618 00
15789 18
16502 84
16015 1042 COMPTROLLERGENERALS REPORT
BUSINESS IX GEORGIA FOE YEAR ENDING APRIL 30 1899
Risks 1003304 00
Premiums 15733 67
Losses io320 07
Tax 157 34
FIRE ASSOCIATION OF PHILADELPHIA PA
ICAPITAL
1 Whole amount of capital stock 500000 00
2 Amount paid up in cash 500000 00
IIASSETS
Market value of real estate owned by the company less the
amount of incumbrances thereon hereunto annexed 322671 37
2 Loans on bond and mortgage duly recorded and being first
liens on the fee simple 2034 199 17
3 Iuterest due on all said bond and mortgage loans 2843239
interest accrued thpreon 527024046 total 55 672 85
4 Value of lands mortgaged exclusive of build
ings and perishable improvements 2278838 00
5 Value of buildings mortgaged 2775739 00
6 Total value of said mortgaged premises
carried inside 5054577 00
9 Total par and market value of stocks and bonds owned
absolutely by the company carried out at market
value 2963131 25
11 Total par and market value and amount loaned thereoa 161550 00
32 Cash in companys principal office 11366 89
13 Cash belonging to the company deposited in bank Fidelity
Trust S D Co 6804131 Merchants National Bank
7815589 Real Estate Tr Co 81180981 158007 01
15 Interest due and accrued on stocks not included in market
value uncollected 19 761 13
16 Interestdue and accrued on collateral loans and uncollected 392 96
17 Premiums in hands of agents and in course of transmission 6S1403 26
All other assets both real and personal viz Lents due
and accrued 263375 due from other companies for re
insurance on lossts already paid 82007374 22707 49
Total assets of the company actual cash marker value 6430863 38
IIILIABILITIES
1 Losses due and unpaid 171010 50
2 Gross losses in process of adjustment or in
suspense including all reported and sup
posed losses 123816 21
3 Losses resisted including interest costs and
other expenses thereon 36410 93
4 Total gross amount of claims for losses 331237 64
5 Deduct reinsurance thereon 41454 71COMPTROLLERGENERALS REPORT
43
8
11
12
19
20
21
23
24
Id
11
12
15
Net amount of unpaid losses 289782 93
Gross premiums without any deduction re
ceived and receivable upon all unexpired
fire risks running one year or less from
date of policy 1792988 75
Unearned premiums 896494 38
Gross premiums without any deduction re
ceived and receivable upon all unexpired
fire risks running more than one year from
date of policy 203915009 unearned
premiums pro rata 1129050 17
Total unearned premiums as computed above
carried out 2025550 55
Amount rtclaimable by assured under perpetual policies 1949312 72
All other demands against the company absolute and con
tingent due and to become due admitted and contested
viz Commission brokerage and other charges due and
to become due to agents and brokers on premiums paid
and in course of collection 10857847 return premiums
8349112 reinsurance premiums 10920180 301271 39
Total amount of all liabilities except capital stock
scrip and net surplus 4565917 59
Joint stock capital actually paid up in cash 500000
Surplus beyond capital and all other liabilities 1364945 79
Aggregate amount of all liabilities including capital paid
up and net surplus 6430863 3S
lvINCOME DURING THE YEAR
On Fire Risks
Gross premiums and bills in course of collec
tion at close of last previous year as shown
by that years statement 623588 33
Net collected 623588 33
Gross premiums on risks written and re
newed during the year 3353694 04
Total 3977282 37
Deduct premiums and bills in course of col
lection at this date 681403 2i
Entire premiums collected during the year 3295879 11
Deduct reinsurance and return premiums 773703 78
Net cash actually received for premiums
carried out 2522175 33 2522175 33
Perpetual deposit received 51704 83
Received for interest on bonds and mortgages 130300 23
Received for interest and dividends on stocks and bonds
collateral loans and from all other sources 135061 42
Income received from all other sources omitting increase
if any in value of securities viz Rents 663794 mis
cellaneous 1774833 24386 27
Aperesate amount of income actually reciived during the
8 2863628 08
year in cash i44 COMPTROLLERGENERALS REPORT
EXPENDITURES DURING THE YEAR
On Fire Rsks
1 Gross aiiiount actually paid for losses in
cluding 21278688 losses occuring in pre
vious years 19C3729 67
2 Deduct all amounts actually received for sal
vages whether on losses of the last or of
previous year 1298306 and all amounts
actually received for reinsurances in other
comDanies 44720536 total deductions 460188 42
3 Net amount paid during the year for
losses 1533541 25 1533541 25
4 Cash dividends actually paid stockholders amount of stock
holders dividends declared during the year 200000 00
0 Paid for commissions or brokerage 552589 14
7 Paid for salaries fees and other charges of officers clerks
agents and all other employes 264 198 73
8 Paid for State national and local taxes in this and other
states 81003 04
9 All other payments and expenditures vz Advertising
printing and stationery 3414791 legal exp 1771996
repairs to real estate 359189 miscellaneous 7670346
total 182163 22
Perpetual premiums returned to assured 43 473 94
Aggregate amount of actual expenditures during the
year in cash 2811969 32
Business in Georgia During the Year
Fire marine and inland risks written 2 116 968 00
Premiums received gross 33674 16
Losses paid 22545 OS
Losses incurred 21556 14
BUSINESS IN GEORGIA FOR YEAR ENDING APRIL 30 1899
Hisks 2705166 00
Premiums 86069 96
Losses 10752 69
Tax 360 69
FIREMANS FUND FIRE INSURANCE COMPANY OF SAN FRAN
CISCO CAL
ICAPITAL
1 Whole amount of capital stock 1000000 00
2 Amount paid up in cash 1000000 00
IIASSETS
1 Market value of real estate owned by the company less
the amount of incumbrances thereon 491 700 qo
2 Loans on bond and mortgage duly recorded and being
first liens on the fee simple 429727 07COMPTROLLERGENERALS REPORT
3 Interest due on all said bond and mortgage loans
388130 interest accrued thereon 3819 86 total 7701 16
4 Value of lands mortgaged exclusive of
buildings and perishable improve
ments 899000 00
5 Value of buildings mortgaged insured
for 13600000 as collateral 202000 00
6 Total value of said mortgaged
premises carried inside 1101000 00
9 Total par and market value of stocks and bonds owned
absolutely by the company carried out at market value 2072409 00
JO Total par and market value of stocks bonds and all other
securities except mortgages loaned thereon 251337 09
12 Cash in companys principal offices San
Francisco 147439 Chicago 338760
Boston 716612 Macon Ga 918 39 12976 50
13 Cash belonging to the company deposited in
banks Bank of California S F 707427
San Francisco National Bank S F 10
32279 AngloCalifornian Limited SF
1806295 CrockerWool worth National
Bank S F 2056780 Savings and Loan
Society S F Cal 1051896 San Fran
cisco Savings Union S F 1563425
Merchants National Bank Chicago 18
90274 Shawmut National Bank Boston
4290911 National Park Bank N Y
4804263 I C Plants Son Banker
Macon Ga 80910 First National
Bank Albuqurque N M 1000900
total 10726 59
Total cash items 223703 09
16 Interest due and accrued on collateral loans and uncol
lected 395 79
17 Cash in hands of agents and in course of transmission 415452 32
18 Bills receivable not matured taken for Are marine and
inland risks 4791 31
All other assets both real and personal viz Rents due
and accrued due from other companies for
reinsurance on losses already paid warrants 3530 92
Due on open accounts 2171 60
Total assets of the company actual cash market value 3902970 01
IIILIABILITIES
1 Losses due and unpaid 36307 92
2 Gross losses in process of adjustment or in
suspense including all reported and sup
posed losses 195200 27
3 Losses resisted including interest costs
and other expenses thereon 6125 00
4 Total gross amount of claims for losses 237633 19
5 Deduct reinsurance thereon 85112 9846
COMPTROLLERGENERALS REPORT
10
11
19
Net amount of unpaid losses
Gross premiums without any deduction re
ceived and receivable upon all unexpired
fire risks running one year or less from
date of policy 93211087 unearned
premiums fifty per cent
Gross premiums without any deduction re
ceived and receivable upon all unexpired
fire risks running more than one year
from date of policy 132842650 un
earned premiums pro rata
Gross premiums without any deduction
including both cash and bills received
and receivable upon all unexpired inland
navigation and marine risks fifty per
cent on time hull risks
Gross premiums without any deduction
received and receivable on all unexpired
marine risks
152520 01
466055 43
729804 65
62332 14
37595 33
Total unearned premiums as computed
above carried out
A11 other demands against the company absolute and con
tingent due and to become due admitted and contest
ed viz Bills payable 8834 89 commissions and other
charges due and to become due 5352113 agents
credit balance and deposit account 3057619
1295787 55
92932 21
21
o3
Total 1541239 97
Joint stock capital actually paid up in cash 1000000 00
Surplus beyond capital and all other liabilities 1361730 04
Aggregate amount of all liabilities including capital
paid up and net surplus 3902970 01
IVINCOME DURING THE YEAR
On Marine nd
On Fire Risks Inland Kisks
j Gross premiums and bills in
course of collection at close of
last previous year as shown by
that years statement 345027 87 85199 85
3 Net collected 345027 87 85199 85
4 Gross premiums on risks written
and renewed during the year 2102146 91 818315 32
5 Total2447174 78 903515 17
6 Deduct premiums and bills in
course of collection at this date 328653 40 86798 92
7 Entire premiums collected during
the year2118521 38 816716 25
8 Deduct reinsurance and return
premiums 628878 99 404806 83COMPTROLLERGENERALS REPORT 47
9 Net cash actually received for
premiums carried out 1489642 39 411909 421901551 SI
10 Received for interest on bonds and mortgages 27745 27
11 Received for interests and dividends on stocks and bonds
collateral loans and from all other sources 113518 16
12 Income received from all other sources omitting increase
if any in value of securities viz Rents 24715 32
15 Aggregate amount of income actually received during the
Year in cash 2067530 56
VEXPENDITURES DURING THE YEAR
On Marine and
On Fire Risks Inland Risks
1 Gross amount actually paid for
losses including 14490404
losses occurring in previous
years 996021 33 517710 34
2 Deduct all amounts actually re
ceived for salvages whether
on losses of the last or of pre
vious year 454370 and all
amounts actually received for
reinsurance in other compa
nies 42190166 total deduc
tions 176064 41 250380 95
3 Net amount paid during the
year for losses 819956 92 267329 391087286 31
4 Cash dividends actually paid stockholders amount of
stockholders dividends declared during the year 120000 00
6 Paid for commissions or brokerage 253734 05
7 Paid for salaries fees and other charges of officers clerks
agents and all other employes 216283 37
8 Paid for State national and local taxes in this and other
States 49156 20
9 All other payments and expenditures 181100 72
Aggregate amount of all expenditures during the year
in cash 1907566 65
Bwineis in the Slate of Georgia during the year ending December 31 1893
Marine and
Fire Risks Inland Rsks Agreate
T re marine and inland risks written 2456075 00 20600 00 2476675 00
Premiums received gross 38996 34 120 35 39116 69
Losses paid 31545 87 31545 87
Losses incurred 31747 11 295 00 32042 11
BUSINESS IN GEORGIA FOR YEAR ENDING APRIL 30 1899
Eisk8 2362855 00
Smiums 37363 31
Losses 83166 80
Tax 33 6348
COMPTROLLERGENERALS REPORT
GEORGIA HOME FIRE INSURANCE COMPANY OF COLUMBUS GA
ICAPITAL
1 Whole amount of capital stock 300000 00
2 Amount paid up in cash 300 000 00
IIASSETS
1 Market value of real estate owned by the company less
the amount of incumbrances thereon 135 950 00
2 Loans on bonds and mortgage duly recorded and being
first liens on the fee simple 152 352 00
9 Total par and market value of stocks and bonds
owned absolutely by the company carried out at
market value 557 030 70
31 Total par and market value and amount loaned thereon 42402 35
13 Cash belonging to the company deposited in National
Bank of Columbus 1200985 Mercantile National
Bank of New York 3090139 42 971 24
14 Amount of premium notes upon which policies have been
issued 0841 07
15 Frazer Hardware Co 21 500 0
17 Cash in hands of agents and in course of transmission 57397 71
All other assets both real and personal as per schedule
attached viz Rents due and accrued Due
from other companies for reinsurance on losses already
paid Alexander Insurance Co 65778 Macon Insur
ance Co 119179 C Schornburg account 300000
open accounts 178358 6 033 15
Total assets of the company actual cash market
value 1027338 22
IIILIABILITIES
2 Gross losses in process of adjustment or in
suspense including all reported and sup
posed losses 34588 39
4 Total gross amount of claims for losses 34S8S 39
5 Deduct reinsurance thereon 4666 66
6 Net amount of unpaid losses 29 921 73
7 Gross premiums without any deduction re
ceived and receivable upon all unexpired
fire risks running one year or less from
date of policy 17770838 Unearned
premiums fifty per cent 88854 19
8 Grose premiums without any deduction re
ceived and receivable upon all unexpired
fire risks running more than one year
from date of policy 124158429 Un
earned premiums pro rala 121023 4S
11 Total unearned premiums as computed above carried out 209877 67
16 Cash dividends to stockholders remaining unpaid 1 713 00COMPTROLLERGENERALS REPORT
49
18 Amount of borrowed money hq 708 30
19 All other demands against the company absolute and
contingent due and to become due admitted and con
tested viz Open accounts 4364 19
365584 97
300000 00
361753 25
Total
21 Joint stock capital actually paid up in cash
23 Surplus beyond capital and all other liabilities
24 Aggregate amount of all liabilities including capital paid
up and net surplus qtj 330 9
IVINCOME DURING THE YEAR
On Fi e Risks
1 Gross premiums and bills in course of col
lection at close of last previous year as
shown by that years statement 14825 58
2 Deduct amount of same not collected 1 345 31
3 Net collected
4 Gross premiums on risks written and re
newed during the year
5 Total
6 Deduct premiums and bills in course of col
lection at this date
13480 27
324063 86
337544 13
10841 07
7 Entire premiums collected during the year 326703 06
8 Deduct reinsurance and return premiums 74595 70
9 Net cash actually received for premiums carried out
10 Received for interest on bonds and mortgages
11 Received for interests and dividends on stocks and bonds
collateral loans and from all other sources
12 Income received from all other sources omitting increase
if any in value of securities viz Rents 688902
local agency 12967
15 Aggregate amount of income actually received during
the year in cash
VEXPENDITURES DURING THE YEAR
Gross amount actually paid for losses in
cluding 2783552 losses occurring in pre
vious years
Deduct allamounts actually received for
salvages whether on lossesof the last or
previous year and all amounts
actually received for reinsurances in
other companies 2014154 Total de
ductions
On Fie Risks
171164 99
20141 54
252107 36
10704 38
26610 55
7018 69
296440 8
Net amount paid during the year for losses
Cash dividends actually paid stockholders amount of
stockholders dividends declared during the year
Paid for commission or brokerage
11323 45
3600 00
37123 5550 COMPTROLLERGENERALS REPORT
7 Paid for salaries fees and other charges of officers clerks
agents and all other employes 41427 65
8 Paid for state national and local taxes in this and other
states 1T437 M
9 All other payments and expenditures viz Advertising
and stationery 4906 78
Aggregate amount of actual expenditures during
the year in cash 288218 77
Business in the State of Georgia During the Year Ending Dec 31 1S9S
On Fire Risks
Fire marine and inland risks written 4067149 00
Premiums received gross
T 2o88o 07
Losses paid 33
Losses incurred
BUSINESS IN GEORGIA FOR YEAR ENDING APRIL 33 1899
Ki9ks 3963 234 00
56811 22
remmmS 20457 55
OSSeS 568 11
Tax
GERMAN AMERICAN FIRE INSURANCE COMPANY OF
NEW YORK
I CAPITAL
1 Whole amount of capital stock 1000000 00
2 Amount paid up iu cash 1000000 00
IIASSETS
1 Market value of real estate owned by the ompany less
the amount of incumbrances thereon 15000 00
2 Loans on bond and mortgage duly recorded and being
first liens on the fee simple 53000 00
8 Interest due on all said bond and mortgage loans
Interest accrued thereon 33700 837 00
4 Value of lands mortgaged exclusive of
buildings and perishable improvements 83000 00
5 Value of buildings mortgaged insured for
28000 as collateral 14000 00
Total value of said mortgaged prem
ises carried inside 97000 00
9 Total par and market value of stocks and bouds owned
absolutely by the company carried out at market val 7332703 00
12 Cash in companys principal office 6581 85
13 Cash belonging to the company deposited
in bank National Bank of Commerce
New York 16573882 German Ameri
can Bank of New York 3174853 Na
tional City Bank of New York 1187292
America National Bank of Chicago 25COMPTROLLERGENERALS REPORT
61
87744 Wells Fargo Cos Bank San
Francisco 143828 AngloCalifornia
Bank Limited of San Francisco 9
53570 246211 69
Total cash items 252793 54
15 Interest due and accruad on stocks not included in
market value uncollected 17698 17
17 Cash in hands of agents and in course of transmission 495412 09
Total assets of the company actual cash market value 8167443 80
IIILIABILITIES
1 Losses due and unpaid 84928 00
2 Gross losses in process of adjustment or in
suspense including all reported and sup
posed losses 264314 00
3 Losses resisted including interest costs
and other expenses thereon 56457 40
4 Total gross amount of claims for losses 405699 40
5 Deduct reinsurance thereon 29744 00
6 Net amount of unpaid losses 375955 40
7 Gross premiums without any deduction
received and receivable upon all unex
pired fire risks running one year or less
from date of policy 201830191 un
earned premiums fifty per cent 1009150 95
8 Gross premiums without any deduction
received and receivable upon all uuex
pired fire risks running more than one
year from date of policy 308261382
unearned premiums pro rata 1665760 72
11 Total unearned premiums as computed above 2674911 67
17 Due and accrued for salaries rent advertising and for
agency and other miscellaneous expenses 19405 34
19 All other demands against the company absolute and
contingent due and to become due admitted and con
tested 175162 01
20 Total amount of all liabilities except capital stock
scrip and net surplus 3245434 42
21 Joint stock capital actually paid up in cash 1000000 00
23 Surplus beyond capital and all other liabilities 3922009 38
24 Aggregate amount of all liabilities including cap
ital paid up and net surplus 8167443 80
IVINCOME DURING THE YEAR
1 Gross premiums and bills in course of col On Fire Risk
lection at close of last previous year as
shown by that years statement 494981 10
2 Deduct amount of same not collected 821 16
3 Net collected 494159 9452 COMPTROLLERGENERALS REPORT
4 Gross premiums on risks written and re
newed during the year 4063775 32
Total 4557 935 26
6 Deduct premiums and bills in course of
collection at this date 495 412 09
7 Entire premiums collected during the year 4062523 17
8 Deduct reinsurance and return premiums 1438237 41
9 Net cash actually received for premiums 2 624 285 76
10 Received for interest on bonds and mortgages 2120 00
11 Received for interests and dividends on stocks and bonds
collateral loans and from all other sources 288 222 79
12 Income received from all other sources omitting in
crease if any in value of securities viz Rents 62250 622 50
15 Aggregate amount of income actually received dur
ing the year in cash 2915251 05
VEXPENDITURES DURING THE YEAR
1 Gross amount actually paid for losses iu On Fire Risks
eluding 125156654 losses occurring iu
previous years 1759565 27
2 Deduct all amounts actually received for
salvages whether on losses of the last or
of previous year 904871 and all
amounts actually received for reinsur
ances in other companies 34598437
total deductions 355033 08
S Net amount paid during the year for losses 1 404 532 19
4 Cash dividends actually paid stockholders amount of
stockholders dividends declared during the year 300000 00
5 Paid for commissions or brokerage 459 173 01
7 Paid for salaries fees and other charges of officers clerks
agents and all other employes 35 919 45
8 Paid for State national and local taxes in this and other
States 91040 41
5 All other payments and expenditures viz Printing ad
vertising stationery etc 304 393 3a
Aggregate amount of actual expenditures during the
year in cash 2794993 36
Business in the State of Georgia During the Year Ending December 31 1898
Fire marine and inland risks written 9 385 048 00
Premiums received gross 37798 41
Losses paid 2G998 69
Losses incurred 26 891 69
BUSINESS IN GEORGIA FOR YEAR ENDING APRIL 30 1899
Ki8ks 2508 930 37
Premiums 3i787 69
fosses 30029 73
Tax 397 87COMPTROLLERGENERALS REPORT
53
GERMANIA FIRE INSURANCE COMPANY OF NEW YORK N Y
ICAPITAL
1 Whole amount of capital stock 1000000 00
2 Amount paid up in cash 1000000 00
IIASSETS
4
6
1 Market value of real estate owned by the company less
the amount of incumbrances thereon
2 Loans on bond and mortgage duly recorded and being
first liens on the fee simple
3 Interest due on all said bond and mortgage loans
interest accrued thereon 820149 total
Value of lands mortgaged exclusive of
buildings and perishable improvements 244500 00
Value of buildings mortgaged insured for
36550000 as collateral 412500 00
Total value of said mortgaged premises
carried inside 657000 00
9 Total par and market value of stocks and bonds owned
absolutely by the company carried out at market value
12v Cash in companys principal office
13 Cash belonging to the company deposited in bank name
bank National Park Bank N Y 7399834 German
American Bank of New York f833900 First National
Bank Chicago 2183755 total
15 Interest due and accrued on stocks not included in mar
ket value uncollected
17 Cash in hands of agents and in course of transmission
All other assets both real and personal viz Kents due
and accrued 205002 cash in hands of department
managers 1545420
655000 00
364500 00
8201 49
3323803 00
9731 79
104174 95
2500 00
228529 56
17504 22
Total assets of the company actual cash market value 4713945 0L
IIILIABILITIES
1 Losses due and unpaid 46555 16
2 Gross losses in process of adjustment or in
suspense including all reported and sup
posed losses 32731 70
3 Losses resisted including interest costs and
other expenses thereon 4241 36
4 Total gross amount of claims for losses 83528 22
5 Deduct reinsurance thereon 6027 11
6 Net amount of unpaid losses
7 Gross premiums without any deduction re
ceived and receivable upon all unexpired
fire risks running one year or less from
date of policy 738026 32
Unearned premiums fifty per cent 30901315
77501 1154
COMPTROLLERGENERALS REPORT
8 Gross premiums without any deduction
received and receivable upon all unex
pired Are risks running more than one
year from date of policy 313169605
unearned premiums pro rata 1137
89425
11 Total unearned premiums as computed above carried out
19 All other demands against the company absolute and con
tingent due and to become due admitted and con
tested viz Commission and brokerage
1506907 40
35823 11
20
Total amount of all liabilities except capital stock
scrip and net surplus 162023162
21 Joint stock capital actually paid up in cash 100000J 00
23 Surplus beyond capital and all other liabilities 2093713 39
24 Aggregate amount of all liabilities including capital paid
up and net surplus 4713945 01
IVINCOME DURING THE YEAR
On Fire Risks
Gross premiums and bills in course of col
lection at close of last previous year as
shown by that years statement
Net collected
Gross premiums on risks written and re
newed during the year
Total
Deduct premiums and bills in course of col
lection at this date
10
11
13
231261 10
231261 10
1730736 94
1961998 04
229664 58
1732383 46
514998 00
Entire premiums collected during the year
Deduct reinsurance and return premiums
Net cash actually received for premiums
carried out 1217335 46 1217335 46
Received for interest on bonds and mortgages 12940 64
Received for interests and dividends on stocks and bonds
collateral loans and from all other sources 146932 41
Aggregate amount of income actually received during the
year in cash 1377208 51
VEXPENDITURES DURING THE YEAR
On Fire Risks
1 Gross amount actually paid for losses in
cluding 7015066 losses occurring in pre
vious years 593S2 14
2 Deduct all amounts actually received for
salvages whether on losses of the last
or of previous year 280532 and all
amounts actually received for reinsur
ances in other companies 7054582
total deduction 73351 14COMPTROLLERGENERALS REPORT
55
3 Net amount paid during the year for losses 519031 00 519031 00
4 Cash dividends actually paid stockholders amount of
stockholders dividends declared during the year 1L000 00
6 Paid for commissions or brokerage
7 Paid for salaries fees and other charges of officers clerks
agents and all other employes
8 Paid for State national and local taxes in this and other
States inc internal revenue tax
9 All other payments and expenditures viz Advertising
agency and office expenses fire patrol printing sta
tionery postage and express traveling rents and board
expenses
204515 o
133394 03
35854 11
9 5064 70
Aggregate amount of actual expenditures during the
year in cash 1105859 49
Business in the State of Georgia During the Year Ending December 31 189S
Aggregate
1154092 0 1
1802 81
5048 03
4598 45
FireRisks
Fire marine and inland risks written 1154092 00
Premiums received gross 18052 81
Losses paid
Losses incurred
4598 45
BUSINESS IN GEORGIA FOE YEAR ENDING APHIL 39 1899
Risks
Premiums
Losses
Tax
2000191 00
27187 30
4407 92
271 S7
GLENS FALLS FIRE INSURANCE COMPANY OF GLENS FALLS N Y
ICAPITAL
1 Whole amount of capital stock 200000 00
2 Amount paid up in cash 200090 on
IIASSETS
1 Market value of real estate owned by the company less
the amount of incumbrances thereon 40950 00
2 Loans on bond and mortgage duly recorded and being
first liens on the fee simple 1277252 64
3 Interestdueonallsaid bond and mortgage loans1045845
Interest accrued thereon 57400 Total 11032 45
9 Total par and market value of stocks and bonds owned
absolutely by the company carried out at market value 1545830 28
10 Amount of stocks bonds and all other securities except
mortgages hypothecated to the company as collateral
security for cash actually loaned by the company with
the par and market value of the same and the amount
loaned on each56
COMPTROLLERGENERALS REPORT
Ttal Total Amount
par market loaned
value value thereon
Morris Essex R R first mort
gage bonds 3000 00 4230 00 4000 00
International Paper Oo first
mortgage bonds21000 00 23100 00 20000 00
11 Total par and market value and amount loaned thereon
12 Cash in companys principal offices Glens
Falls and Chicago 2273 29
13 Cash belonging to the company deposited in
bank First National Glens Falls
First National Chicago
Cleveland Trust Co
24000 00
201257 62
20865 39
10370 00
234766 30
Total
Total cash items
15 Interest due and accrued on bonds not included in mar
ket value uncollected
Interest due and accrued on collateral loans and uncol
lected
Cash in hands of agents and in course of transmission
Bills receivable not matured taken for fire marine and
inland risks 69 48 matured
Total assets of the company actual cash market value
Contingent depreciation of mortgage loans
Aggregate amount of all the assets of the company
st ated at actual value
234766 30
6533 33
500 00
94270 57
1366 90
3236552 47
20000 00
3216552 47
LIABILITIES
1 Losses due and unpaid
2 Gross losses in process of adjustment or in
suspense including all reported and sup
posed losses
3 Losses resisted including interest costs and
and other expenses thereon
4 Total gross amount of claims for losses
o Deduct reinsurance thereon
6 Net amount of unpaid losses
7 Gross premiums without any deduction re
ceived and receivable upon all unexpired
fire risks running one year or less from
date of policy
Unearned premiums fifty percent
8 Gross premiums without any deduction re
ceived and receivable upon all unexpired
tire risks running more than one year from
date of policy 140045062 Unearned
premiums pro ratal 71072820
11 Total unearned premiums as computed above carried out
17 Due and accrued for salaries rent advertising and for
agency ami other miscellaneous expenses
14157 36
26787 00
7700 00
48644 36
3492 I ill
369336 98
184688 49
45151 70
895306 69
10000 00COMPTROLLERGENERALS REPORT
57
19 All other demands against the company absolute and
contingent due and to become due admitted and con
tested viz Commissions due agents
Total
Joint stock capital actually paid up in cash
Surplus beyond capital and all other liabilities
Aggregate amount of all liabilities including capital
paid up and net surplus
INCOME DURING THE YEAR
On Fire Risks
1 Gross premiums and bills in course of col
lection at close of last previous year as
shown by that years statement
2 Deduct amount of same not collected
14619 49
21
23
24
965167 88
200000 00
2051384 59
3216552 47
3 Net collected
4 Gross premiums on risks written and re
newed during the year as shown in risk
92184 95
1191 78
90993 17
and premium exhibit
949171 69
5 Total 1040164 86
6 Deduct premiums and bills in course of col
lection at this date 97463 18
7 Entire premiums collected during the year
Cash notes 942701 68
8 Deduct reinsurance and return premiums 159721 17
9 Net cash actually received for premiums
carried out 782980 51 782980 51
10 Received for interest on bonds and mortgages 68807 5L
11 Received for interests and dividends on stocks and bonds
collateral loans and from all other sources 93536 33
12 Income received from all other sources omitting increase
if any in value of securities 1735 79
15 Aggregate amount of income actually received during the
year in cash 947060 14
EXPENDITURES DURING THE YEAR
On Fire Risks
1 Gross amount actually paid for losses in
cluding 46796 losses occurring in pre
vious years 469256 16
2 Deduct all amounts actually received for
salvages whether on losses of the last
or of previous year 56768 and all
amounts actually received for reinsur
ances in other companies 4823959 To
tal deductions 48807 27
3 Net amount paid during the year for losses
4 Cash dividends actually paid stockholders amount of
stockholders dividends declared during the year
6 Paid for commissions or brokerage
420448 89
60000 00
164625 7153
COMPTROLLERGENERALS REPORT
7 Paid for salaries fees and other charges of officers clerks
agents and all other employes 64519 06
8 Paid for state national and local taxes in this and other
states 41252 72
9 All other payments and expenditures viz Stationery
traveling advertising etc 63898 89
Aggregate amount of actual expenditures during the
year in cash 814715 27
Business in the State of Georgia during the year ending Deo 31 1S9S
Fire marine and inland risks written 710745 00
Premiums received gross 8839 71
Losses paid 3494 55
Losses incurred 4913 00
BUSINESS IN GEORGIA FOR YEAR 1899
Risks 784345 00
Premiums 10653 52
Losses 1 2j3 75
Tax 106 54
THE GREENWICH INSURANCE COMPANY OF NEW YORK N Y
ICAPITAL
1 Whole amount of capital stock 200000 00 200000 00
2 Amount paid up in cash 200000 CO
IIASSETS
1 Market value of real estate owned by the company less
the amount of incumbrances thereon 200000 00
9 Total par and market value of stocks and bonds owned
absolutely by the company carried out at market value 1115845 00
12 Cash in companys principal office 11599 73
13 Cash belonging to the company deposited in
bank National Broadway Bank 76005 80
Total casli items 87605 62
15 Interest due and accrued on stocks not included in mar
ket value uncollected 437 50
Gross premiums as written in the policies in course of
collection on policies written within three months 189248 14
IS Bills receivable not matured taken for fire marine and
inland risks 26273 43
All other assets both real and personal viz Rents due
and accrued due from other companies for re
insurance on losses already paid Insurance Co State
New York 151129 Associated Manufacturers Mutual
1952 Traders of N Y 156217 North British and
Mercantile 20304 Nassau Fire 974 North River
7247 Scottish Union and National 5250 Southern
of New Orleans 2072 Citizens of New York 85710
Etna of Bartford 103412 5348 67
Total assets of the company actual cash market value 1624758 36COMPTROLLERGENERALS REPORT
59
LIABILITIES
1 Losses due and unpaid
2 Gross losses in process of adjustment or in
suspense including all reported and sup
posed losses
3 Losses resisted including interest costs and
other expenses thereon
4 Total gross amount of claims for losses
5 Deduct reinsurance thereon
6 Net amount of unpaid losses
7 Gross premiums without any deduction re
ceived and receivable upon all unexpired
fire risks running one year or less from
date of policy
Unearned premiums fifty per cent
8 Gross premiums without any deduction re
ceived and receivable upon all unexpired
fire risks running more than one year
fromdate of policy 72691771 unearned
premiums pro rata
9 Gross premiums without any deduction
including both cash and bills received
and receivable upon all unexpired inland
navigation and marine risks 8069462
15431 13
156295 27
38182 84
209909 24
21931 31
567530 19
283765 10
407134 63
41347 31
11 Total unearned premiums as computed above carried
Amount reclaimable by the insured on perpetual fire in
surance policies being 910 per cent of the premium or
deposit received
19 All other demands against the company absolute and
contingent due and to become due admitted and con
tested viz State city county or other taxes and as
sessments 500000 commissions brokerage and other
charges due and to become due to agents and brokers
on premiums paid and in course of collection 3500000
return premiums 1409406 reinsurance bills
payable 2 09837 contingencies 5jO00OO total
Total amount of all liabilities except capital stock
scrip and net surplus
21 Joint stock capital actually paid up in cash
23 Surplus beyond capital and all other liabilitiesj
24 Aggregate amount of all liabilities including capital paid
up and net surplus
IVRECEIPTS DURING THE YEAR
Fire Marine and Inland
1 Gross premiums and bills un
paid at close of last year
as shown by income 6 of
that years statement 154509 23
2 Deduct amount of same not
collected 18963 4o
187977 93
734247 04
931 50
61192 43
20
981348 90
200000 00
443409 46
1624758 36
9222 78
192 1960
COMPTROLLERGENERALS REPORT
3 Net collected 135545 78 9030 59
4 Gross premium on risks writ
ten and renewed during the
year 1249092 34 152997 76
162028 35
6088 15
1187640 33 155940 20
1051003 53
4322 16
17223 78
1114449 47
560848 87 127314 72
5 Total 134638 12
6 Deduct gross premiums and
bills in course of collection
at this date 196997 79
7 Entire premiums collected
during the year
3 Deduct reinsurance rebate
abatement and return pre
miums 277833 07 14743 93
9 Net cash actually received for
premiums carried out 909807 26 141196 27
11 Received for interest and dividends on stock and bonds
collateral loans and from all other sources
12 Income received from all other sources viz Rents 16
56249 profit loss account taxes refunded66129
Aggregate amount of receipts during the year
DISBURSEMENTS DURING THE YEAR
Fire Marine aud Inland
1 Gross amount actually paid
for losses including 103
82618 losses occurring in
previous years
2 Deduct all amounts actually
recd for salvages whether
on losses of the last or of
previous years 1029547
and all amounts actually
received for reinsurance in
other companies 7624810
total deductions 71832 97 14710 60
3 Net amount paid during
the year for losses
4 Cash dividends actually paid stockholders amount of
stockholders dividends declared during the year
6 Paid for commissions or brokerage
7 Paid for salaries fees and all other charges of officers
clerks agents and all other employees
8 Paid for State and local taxes in this and other States
9 All other payments and expenditures viz Directors
fees 75000 supplies 1793278 postage 679495
rent 1200000 gas and electric light 144535 adver
tising 269602 traveling expenses 2120779 maps
625979 office fixtures 104355 expressage 2109 13
telegrams 171535 N Y Board of Fire Underwriters
344973 repairs to real estate 103357 internal rev
enue 328109 miscellaneous 4698221 total 128701 31
Aggregate amount of actual expenditures during the
year in cash 1100496 78
4S9015 90 112604 12 601620 02
20000 00
205617 98
127979 96
16577 51COMPTROLLERGENERALS REPORT
61
Business in the State of Georgia During the Year Ending December SI 1898
Fire Risks Aggregate
Fire marine and inland risks written 2724741 63 2724741 63
Premiums received gross 29138 82 29138 82
Losses paid 14001 59 14001 59
Losses incurred 15442 99 15442 99
BUSINESS IN GEORGIA FOR YEAR ENDING APRIL 30 1899
Risks 2428070 00
Premiums 31216 85
Losses 17554 57
Tax 312 16
HAMBURGBREMEN FIRE INSURANCE COMPANY
HAMBURG GERMANY
ICAPITAL
1 Whole amount of capital stock 1500000 00 1500000 00
2 Amount paid up in cash 300000 00
3 Amount in notes of the stockholders1200000 00
IIASSETS
9 Total par and market value of all stocks and bonds owned
absolutely by the company carried out at market value 1407218 75
13 Cash belonging to the company deposited in bank Bank of
America New York City 60235 84
15 Interest due and accrued on stocks not included in market
value uncollected 1000 00
17 Cash in hands of agents and in course of transmission 132177 29
Total assets of the company actual cash market value 1600631 88
IIILIABILITIES
1 Losses due and unpaid 2390 00
2 Gross losses in process of adjustment or in sus
pense including all reported and supposed
losses 40905 00
3 Losses resisted including interest costs and
other expenses thereon 16925 00
4 Total gross amount of claims for losses 00220 00
7 Gross premiums without any deduction re
ceived and receivable upon all unexpired
fire risks running one year or less from date
of policy 792196 85
Unearned premiums fifty per cent 396098 43
8 Gross premiums without any deduction re
ceived and receivable upon all unexpired
fire risks running more than one year irom
date of policy 74433931 Unearned pre
miums pro rata 404093 52
11 Total unearned premiums as computed above
carried out 800791 9562 OOMPTROLLERGENERAL8 REPORT
19 All other demands against the company absolute and contin
gent due and to become due admitted and contested 32120 07
Total 893132 02
23 Surplus beyond capital and all other liabilities 707499 86
24 Aggregate amount of all liabilities including capital paid
up and net surplus 1600631 88
ITINCOME DURING THE TEAR
On Fire Risks
1 Gross premiums and bills in course of collec
tion at close of last year as shown by the
years statement 137994 25
3 Net collected 137994 25
4 Gross premiums on risks written and renewed
during the year 1325278 19
5 Total 1463272 44
6 Deduct premiums and bills in course of collec
lection at this date 132177 29
7 Entire premiums collected during the year 1331095 15
8 Deduct reinsurance and return premiums 278428 30
9 Net cash actually received for premiums car
ried out 1052666 85
11 Received for interests and dividends on stocks and bonds col
lateral loans and from all other sources 58757 28
15 Aggregate amount of income actually received during the
year in cash 1111424 13
EXPENDITURES DURING THE TEAR
Cm Fire Risks
i Gross amount actually paid for losses includ
ing 6066737 Losses occurring in previ
ous years 688922 54
2 Deduct all amounts actually received for sal
vages whether on losses of the lastor of pre
vious year 1161694 and all amounts actu
ally received for reinsurance in other com
panies 5623564 total deductions 67882 58
3 Net amount paid during the year for losses 621039 96
6 Paid for commissions or brokerage 196065 41
7 Paid for salaries fees and other charges of officers clerks
agents and all other employes 100114 05
8 Paid for State national and local taxes in this and other
States 33714 61
All other payments and expenditures viz Local board and
fire patrol assessments rents stationery advertising print
ing postage telegrams expressage traveling expenses etc 76729 73
Aggregate auaonnt of actual expenditures during the
year 1027763 76COMPTROLLERGENERALS REPORT
03
Business in the State of Georgia dvring the year ending December 31 1898
Fire marine and inland risks written 1682749 00
Premiums received gross 31820 82
Losses paid 31613 03
Losses incurred 31823 03
BUSINESS IW GEORGIA FOR YEAR 1809 ENDING APRIL 30 1899
Rs 1886452 00
Premiums 34607 83
bosses 33170 01
Tax 346 07
HANOVER FIRE INSURANCE COMPANY OF NEW YORK N Y
ICAPITAL
1 Whole amount of capital stock 1000000 00
2 Amount paid up in cash 1000000 00
IIASSETS
1 Market value of real estate owned by the company less
the amount of incumbrances thereon 450000 00
2 Loans on bond and mortgage duly recorded and being
first liens on the fee simple 7000 00
3 Interest due on all said bond and mortgage loans
interest accrued thereon 12916 Total 29 16
4 Value of lands mortgaged exclusive of
buildings and perishable improvements 400 03
5 Value of buildings mortgaged insured for
70000 as collateral II 000 0
6 Total value of said mortgaged premises
carried inside 15500 00
9 Total par and market value of all stock and bonds owned
absolutely by the company carried out at market
value 2295004 00
10 Amount of stocks bonds and all other securities except
mortgages hypothecated to the company as collateral
security for cash actually loaned by the company with
the par and market value of the same and the amount
loaned on each
12 Cash in companys principal office 5374 90
13 lash belonging to the company deposited
in bank America 1568672 German
American 1780728 Central Trust Co
N Y 2510969 Guarantee Trust and
Safe Deposit Co Philadelphia 820000
Total 48803 0
Total cash item 102178 59
15 Interest due and accrued on stocks not included in mar
ket value uncollected 18002 50
17 Cash in hands of agents and in course of transmission 202058 7564
COMPTROLLERGENERALS REPORT
All other assets both real and personal as per schedule
attached viz Rents due and accrued 48575 due
from other companies for reinsurance on losses already
paid Spring Garden Philadelphia 357 Delaware
Philadelphia 1500 Virginia State Va 53393 Green
wich N Y 1507 Nassau N Y 1587 North River
N Y 8864 Citizens N Y 3799 Niagara N Y
94 cents HamburgBremen 202 North British and
Mercantile 50 cents Total
699 28
Total assets of the company actual cash market value 3076292 28
IIILIABILITIES
100363 01
4
5
69166 19
25922 71
195451 91
11508 32
505763 16
628349 82
183943 59
1 Losses due and unpaid
2 Gross losses in process of adjustment or in
suspense including all reported and sup
posed losses
3 Losses resisted including interest costs
and other expenses thereon
Total gross amount of claims for losses
Deduct reinsurance thereon
6 Net amount of unpaid losses
7 Gross premiums without any deduction re
ceived and receivable upon all unexpired
Are risks running one year or less from
date of policy 101152633 unearned pre
miums fifty per cent
8 Gross premiums without any deduction re
ceived and receivable upon all unexpired
fire risks running more than one year
from date of policy 119266231 un
earned premiums pro rata
11 Total unearned premiums as computed above carried out
19 All other demands against the company absolute and con
tingent due and to become due admitted andcotested
viz commissions and brokerage 4115166 reinsur
ance 1137262 Total
Total amount of all liabilities except capital stock
scrip and net surplus 1370580 85
Joint stock capital actually paid up in cash 1000000 00
1134112 98
52524 28
20
21
705711 43
23 Surplus beyond capital and all other liabilities
24 Aggregate amount of all liabilities including capital paid
up and net surplus 3076202 28
IVINCOME DURING THE YEAR
On Fire Risks
1 Gross premiums and bills in course of col
lection at close of last previous year as
shown by that years statement 250512 36
2 Deduct amount of same not collected 5589 01
3 Net collected 244923 35COMPTROLLERGENERALS REPORT
65
4
Gross premiums on risks written and re
newed during the year 1722202 72
Total 1907126 07
Deduct premiums and bills in course of col
lection at this date 208216 26
Entire premiums collected during the year 1758909 81
Deduct reinsurance and return premiums 309433 12
10
il
12
15
Net cash actually received for premiums
carried out 1449476 69 1449476 69
Received for interest on bonds and mortgages 350 00
Received for interest and dividends on stocks and bonds
c llateral loans and from all other sources 94390 04
Income received from all other sources omitting increase
if any in value of securities viz Rents 1472762
profit and loss 2261007 Total 37337 69
Aggregate amount of income actually received during
the year in cash 1581554 42
EXPENDITURES DURING THE YEAR
On Fire Bisks
1 Gross amount actually paid for losses in
cluding 19263691 losses occurring in
previous years 1031062 82
2 Deduct all amounts actually received for
salvages whether on losses of the last
or of previous year 836183 and all
amounts actually received for reinsur
ances in other companies8918443 To
tal deductions 97546 26
3 Net amount paid during the year for losses 933516 56 933516 56
4 Cash dividends actually paid stockholders amount of
stockholders dividends declared during the year 100000 00
0 Paid for commissions or brokerage 262 421 53
7 Paid for salaries lees and other charges of officers clerks
agents and all other employes 147 53 22
8 Paid for state national and local taxes in this and other
states
9 All other payments and expenditures
Aggregate amount of actual expenditures during the
year in cash
Business in the State of Georgia during the year ending lit
Fire marine and inland risks written
Premiums received gross
Posses paid
Losses incurred
BUSINESS IV GEORGIA FOR YEAR 189 ENDING APRIL 30
Risks
Premiums
Losses
Tax
45583 02
100603 15
1590037 48
e 81 1898
1611982 00
25698 04
17164 69
14052 93
1899
1972ess 01
26835 02
15024 os
208 36
66 COMPTROLLERGENERALS REPORT
THE HARTFORD FIRE INSURANCE CO OF HARTFORD CONN
I CAPITAL
1 Whole amount of capital stock 1250000 00
2 Amount paid up in cash 1250000 00
II ASSETS
1 Market value of real estate owned by the company less
the amount of incumbrances thereon 715541 66
2 Loans on bond and mortgage duly recorded and being
first liens on the fee simple 1509700 00
3 Interest due on all said bond and mortgage loans 66 66
interest accrued thereon 2680951 Total 26876 17
5 Value of buildings mortgaged insured for 982200 as col
lateral 3750575 00
9 Par and market value of stocks and bonds owned abso
lutely by the company carried out at market value 6974057 20
10 Total par and market value of stocks bonds and all other
securities except mortgages hypothecated as collat
eral security for cash loaned and amount loaned
thereon 14800 00
Cash on hand and in companys offices 75266 21
Cash belonging lo the company deposited
in bank Hartford National Bank 428
81103 American National Bank 64
54015 Connecticut Trust and Safe De
posit Co 16825570 T I Morgan cV
Co New York 2951767 Imperial Bank
Toronto Ont 3303395 Illinois Trust
Savings Bk Chicago 8850572 Crocker
Woolworth National Hank San Fran
cisco 2232387 American Exchange
National Bank New York 2993925 814 927 34
Total 890193 55
16 Interest due and accrued on collateral loans and uncol
lected i1
17 Cash in hands of agents and in course of transmission 1091898 92
All other assets both real and personal viz Rents due
and accrued 3194 94
Printing plant 29331 00
Total assets of the company actual cash market value 11255659 90
III LIABILITIES
1 Losses due and unpaid
Cross losses in process of adjustment or in
suspense including all reported and sup
posed losses
3 bosses sisted including interest costs
and all other expenses thereon
4 Total gross amount of claims for losses
210257 46
25isi7 39
50677 hi
520752 01COMPTROLLERGENERALS REPORT
in
Gross premiums without any deduction
received and receivable upon all unex
pired Are risks running one year or less
from date of policy 419775370 un
earned premiums fifty per cent 2098876 85
Gross premiums without any deduction
received and receivable upon all unex
pired Are risks running more than one
year from date of policy 5503752 45
unearned premiums pro rata2855120 37
Total unearned premiums as computed
above 4953997 22
17 Due and accrued for salaries rents advertising and for
agency and all other miscellaneous expenses commis
11
sions
2000 00
Total 5546 749 23
20 Total amount of all liabilities except capital stock scrip
and net surplus 125000000
23 Surplus beyond capital and all other liabilities 4458910 67
24 Aggregate amount of all liabilities including capital paid
up and net surplus 11255659 DO
IV INCOME DURING THE YEAR
On Fire Risks
1 Gross premiums and bills in course of col
lection at close of last previous year as
shown by that years statement 1107871 37
2 Deduct amount of same not collected 15972 45
Net collected 1091898 92
Gross premiums on risks written and re
newed during the year 7461898 20
Total 8553797 12
Deduct premiums and bills in course of col
lection at this date 1091898 92
84490 74
319640 28
Entire premiums collected during the year 746189S 20
Deduct reinsurance and return premiums 1736311 77
Nel cash actually received for premiums 5725531 43
Received for interest on bonds and mortgages
Received for interests and dividends oti stocks and bunds
collateral loans and from all other sources
income received from all other sources omitting in
crease if any in value of securities viz Rents 10
8428J conscience money J60O Total 11442 84
Aggregate amount of income actually received during
the year in cash 6141155 2
V EXPENDITURES DURING THE YEAH
On Fire Risks
1 Gross amount actually paid for losses in
cluding N05638J losses occurring in
previous years 40S5517 41
7
8

10
11
12
1568 COMPTROLLERGENERALS REPORT
2 Deduct all amounts actually received for
salvages whether on losses of the last or
of previous year and all amounts
actually received for reinsurance in other
companies 63836195 Total deductions 638361 95
3 Net amount paid during the year for losses 3447155 46
4 Cash dividends actually paid stockholders amount of
stockholders dividends declared during the year 4X000 00
6 Paid for commissions or brokerage 944809 67
7 Paid for salaries fees and other charges of officers clerks
agents and all other employees 493464 82
8 Paid for State national and local taxes in this and other
States 166583 10
9 All other payments and expenditures viz General ex
pense 502441 94
Aggregate amount of actual expenditures during the
year in cash 5954454 99
Business in tie State of Georgia Daring the Year Ending December 31 1898
Fire Risks
Fire risks written 7382023 00
Premiums received gross 132180 89
Losses paid 75234 68
Losses incurred 61337 75
BUSINESS IN GERUIA FOR THE YEAR ENDING APRIL 30 1899
Risks 7747092 00
Premiums 132768 05
Losses 51412 16
Tax 1327 68
HOME INSURANCE COMPANY OF NEW YORK N Y
ICAPITAL
1 Whole amount of capital stock 3000000 00 3000000 00
2 Amount paid up in cash 3000000 00
IIASSETS
1 Market value of real estate owned by the company less
the amount of incumbrances thereon 1759249 74
2 Loans on bond and mortgage duly recorded and being
first liens on fee simple 230350 00
3 Interest due on all said bond and mortgage loans348975
interest accrued thereon 543220 total 892195
4 Value of land mortgaged exclusive of buildings and per
ishable improvements 371500 00
5 Value of buildings mortgaged insured for
167300 as collateral 244900 00
6 Total value of said mortgaged premi
ses carried inside 616400 00
7 Amount of other loans on mortgage first liens upon which
more than one years interest is due 18148 33COMPTROLLERGENERALS REPORT
69
9 Total par and market value of stocks and bonds owned
absolutely by the company carried out at market value
11 Total par and market value of stocks bonds and other se
curities except mortgages hypothecated to the com
pany as collateral security and amount loaned thereon
13 Cash belonging to the company deposited in bank Conti
nental National Bank 17218539 American Exchange
National Bank 12922178 National Bank of the Re
public 9930817 National Bank of North America
5335143 Continental Trust Co 140063 95 total
Interest due and accrued on stocks not included in mar
ket value uncollected
16 Interest due and accrued on collateral loans and uncol
lected
Bills receivable not matured taken for Are marine and
inland risks
Gross premiums as written in the policies in course of
collection
Total assets of the company actual cash market
value
15
IS
8853642 83
121625 00
594130 72
40987 85
124 38
1605 95
532378 04
12161164 79
IIILIABILITIES
8
135638 62
Losses due and unpaid
Gross losses in process of adjustment or in
suspense including all reported and sup
posed losses 58700472
Losses resisted including interest costs
and other expenses thereon
Total gross amount of claims for losses
Deduct reinsurance thereon
45909 11
768552 45
332905 00
10
19
20
Net amount of unpaid losses 435647 45
iross premiums without any deductionre
ceived and receivable upon all unexpired
Are risks running one year or less from
date of policy 2682192 00
Unearned premiums fifty per cent 1341096 00 1341096 00
Gross premiums without any deductionreceived and re
ceivable upon all unexpired lire risks running more than
one year from date of policy 5194429 unearned pre
miums pro rata 2567667 00
Gross premiums without any deduction including both
cash and bills received and receivable upon all unex
pired inland navigation and marine risks 166865 83433 00
Cross premiums without any deduction received and re
ceivable on all unexpired marine risks 56381 00
All other demands against the company absolute and
contingent due and to become due admitted and con
tested viz Reinsurance 208984 36
Commission brokerage etc due to agents and others 40153 62
Total amount of liabilities except capital stock
scrip and net surplus 4733362 43ro
COMPTROLLERGENERALS REPORT
21 Joint stock capital actually paid up in cash 3000000 00
23 Surplus beyond capital and all other liabilities 4427802 36
24 Aggregate amount of liabilities including capital paid up
and net surplus 12161164 79
IVINCOME DURING THE YEAR
Gross premiums and bills in
course of collection at close
of last previous year as
shown by that years state
ment
Ou Fire Risks
448201 73
448201 73
Net collected
Gross premiums on risks writ
ten and renewed during the
year 5518953
34
Total 7967155 07
Deduct premiums and bills in
course of collection at this
date 464504 73
On Marine and
Inland Risks
51172 15
51172 15
373226 16
424398 31
76319 89
collected
Entire premiums
during the year
Deduct reinsurance and re
turn premiums 1464446 74
Net cash actually received for
premiums carried out
5502650 34 348078 42
156914 35
191164 07
10
11
12
15
4038203 60
Received for interest on bonds and mortgages
Received for interests and dividends on stocks and bonds
collateral loans and from all other sources
Income received from all other sources omitting increase
if any in value of securities viz rents 153i7444
4229367 67
16421 30
366949 31
153674 44
Aggregate amount of income actually received during the
year in cash 4766412 72
VEXPENDITURES DURING THE YEAR
On Fire Risks
1 Gross amount actually paid
for losses including 526
29395 Losses occurring
in previous years 2721932 36
2 Deduct all amounts actually
received for salvages
whether on losses of the
last or of previous year
3185195 and all amounts
actually received for rein
surance in other companies
63118738 total deductions
On Marine and
Inland Risks
226350 59
557943 71 105095 62COMPTROLLERGENERALS REPORT
71
Off
51
411343 11
S
52
3 Net amount paid daring the
year for losses 2103 988 65 121254 97 2285243 62
4 Oasli dividends actually paid stockholders amount of
stockholders dividends declared during the year 300000
6 Paid for commission or brokerage 792090
7 Paid for salaries fees and other charges of officers clerks
agents and all other employes
8 Paid for Sate national and local taxes in this and other
States 13L493
9 All other payments and expenditures viz 428749
Aggregate amount of actual expeditures during the
year in cash 4348920
Busitis in the St ue of Oeorgit during the year enlinj December 31 1898
Firemarine and inland risks written 5290934
Premiums received gross 67074
Losses paid 77022
Losses incurred 76984
BUSINESS IN GEORGIA FOE YEAR 189 ENDING APRIL 80 1899
Risks9 7354525
Premiums 7 a 447
L sses 55129
Tax 714
il
00
84
50
no
54
44
47
IMPERIAL INSURANCE COMPANY LIMITED OF LONDON ENG
ICAPITAL
1 Whole amount of capital stock 6000000 00
2 Amount paid up in cash 1500000 00
IIASSETS
1 Market value of real estate owned by the company less
the amount of incumbrances thereon
0 Total par and market value of stocks and bonds owned
absolutely by the company carried out at market value
13 Cash belonging to the company deposited in bank 1 P
Morgan Co New York 806535 Union Trust Co
New York 624116 Chase National Hank New York
6834410 National Pank of Illinois Chicago 111 7
90094 Bank of British Columbia San Francisco Gal
465484 International Trust Co Boston Mass 5
05672 Atlanta Nat Pank Atlanta lt 56739 Low
ry Banking Co Atlanta Ga 282 total
Interest due and accrued on bonds not included in mar
ket value
ash in hands of agents and in course of t ransmission
Bills receivable not matured taken for lire marine and
inland risks
All other assets both real and personal as per schedule
attached viz Rents due and accrued 444416
15
17
18
171634 70
1128029 58
10083 32
5091 66
225797 31
225 27
4444 10
Total assets of the company actual cash market val 1till056 0072
COMPTROLLERGENERALS REPORT
108431 52
4 489 64
11
17
19
24
IIILIABILITIES
Losses due and unpaid 31475 40
Gross losses in process of adjustment or
in suspense including all reported and
supposed losses 70107 52
Losses resisted including interest costs and
other expenses thereon 6848 60
Total gross amount of claims for
losses
Deduct reinsurance thereon
Net amount of unpaid losses
Gross premiums without any deduction
received and receivable upon all unex
pired fire risks running one year or less
from date of policy 84901929 unearned
premiums fifty per cent 424509 64
Gross premiums without any deductions
received and receivable upon all unex
pired fire risks running more than one
year from date of policy 77398805 un
earned premiums pro rata 428943 34
Total unearned premiums as computed above
Due and accrued for salaries rent advertising and for
agency and other miscellaneous expenses
All other demands against the company absolute and
contingent due and to become due admitted and con
tested viz Commission brokerage and other charges
on premiums in course of collection 4268972 Pet
premiums 1316554 reinsurance 456009 total
103941 88
853452 98
2273 10
60415 35
Total
Surplus beyond capital and all other liabilities
1020083 31
920972 69
Aggregate amount of all liabilities including capi
tal paid up and net surplus 94 056 00
IXCOME HIRING THE YEAR
Gross premiums and bills in course of col oa Fire Risks
lection at close of last previous year as
shown by that years statement 182432 30
Deduct amount of same not collected
Net collected 182432 30
Cross premiums on risks written and re
newed during the year 519619 18
Total 1702031 48
Deduct premiums and bills in course of col
lection at this date 236624 13
Entire premiums collected during the year 1465427 35
Deduct reinsurance and return premiums 318246 till
Net cash actually received for premiums 1147 180 66COMPTROLLERGENERALS REPORT
11 Received for interest and dividends on stocks and bonds
collateral loans and from all other sources
12 Income received from all other sources omitting increase
if any in value of securities viz Rents 3061652
14 American branches of foreign companies will please re
port amount of remittances from home office during
the year
15 Aggregate amount of income actually received dur
ing the year in cash
VEXPENDITUR7S DURING THE YEAR
1 Gross amount actually paid for losses in On Fire Risks
eluding 9822176 losses occurring in pre
vious years 804069 32
2 Deduct all amounts actually received for
salvages whether on losses of the last or
of previous years 552288 and all
amounts actually received for reinsur
ance in other companies 3787096 total
deductions
40226 72
30616 52
45815 63
1263839 53
43393 84
3 Net amount paid during the year for losses
6 Paid for commissions or brokerage
7 Paid for salaries fees and other charges of officers clerks
agents and all other employes
8 Paid for State national and local taxes in this and other
States
9 All other payments and expenditures viz Advertising
printing and stationery 1245983 Reps and expenses
on R E 1233911 Furn and Fixs 5077 08 post
age telegrams and express 1109191 miscellaneous
chiefly traveling expenses and assessments 4435491
rents 1053728 total
10 American branches of foreign companies will please re
port amount sent to home office during the year
Aggregate amount of actual expenditures during the
year in cash
760675 48
200607 02
92342 60
45424 11
85322 84
107417 27
1302326 60
Bvsiness in the State of Georgia Daring the Year Ending December 31 1S9S
Fire marine and inland risks written 1162080 00
Premiums received gross
Losses paid
Losses incurred
20922 22
17687 59
23111 59
BUSINESS IV GEORGIA FOR YEAR KI1 APRIL 30 1S99
Risks 14111335 00
Premiums M 46
Losses
Tax
226 4874 COMPTROLLERGENERALS REPORT
THE INSURANCE COMPANY OF NORTH AMERICA OF PHILA
DELPHIA PA
I CAPITAL
1 Whole amount of capital stock 3030000 03
2 Amount paid up in cash 3030000 00
IIASSETS
1 Market value of real estate owned by the company less
the amount of incumbrances thereon 595477 02
2 Loans on bond and mortgage duly recorded and being
first liens on the fee simple 2337009 20
3 Interest due on all said bond and mortgage loans 27
73090 interest accrued thereon 2151425 total 49205 15
4 Value of lands mortgaged exclusive of
buildings and perishable improvements
5 Value of buildings mortgaged insured j 5820095 00
for 206905000 as collateral
0 Total value of said mortgaged premises J
9 Total par and market value of stocks and bonds owned
absolutely by the company carried out at market value 5330070 00
11 Total par and market value of bonds stocks and all other
securities except mortgages hypothecated as collat
eral security for cash loaned and amount loaned there
on 16500 00
13 Cash belonging to the company deposited in bank Phila
delphia National Bank 10049119 Drexel Co Phil
adelphia 31268844 Merchants National Bank N Y
2371255 Union Trust Co N Y SJ500300 Bank of
North America Phila 814227 First National Hank
Erie Pa 1037076 Bank of Montreal Montreal Can
1913533 Bank of Montreal St John N 1 522709
Bank of Montreal Halifax N S 1263823 London
and Westminster Bank London 1199852 Brown
Shipley cV Co London 14514867 Bank of Liverpool
1146970 AngloAustrian Bank Vienna 640009 737422 75
17 Cash in hands of agents and in Course of transmission
and premiums in course of collection 939898 83
18 Hills receivable not matured taken for lire marine and
inland risks 63541 59
All other assets both real and personal as per schedule
attached viz Rents due and accrued due
from other companies for reinsurance on losses already
paid 4393221 book accts due company 8577215 129701 36
Total assets of thecompany actual cash market val 1020618s 90
IIILIABILITIES
1 Losses due and to become due and unpaid 93 US 43
2 Gross losses in process of adjustment or in
suspense including all reported and sup
posed losses 647714 23
Losses resisted including interest costs
and other expenses thereon 32378 63COMPTROLLERGENERALS REPORT
75
775211 34
110193 42
4 Total gross amount of claims for losses
5 Deduct reinsurance thereon 21098 42
and salvage claims 8910000
6 Net amount of unpaid losses
7 Gross premiums without any deduction
received and receivable upon all unex
pired fire risks running one year or less
from date of policy 277919 i40 un
earned premiums fifty per cent 1389598 20
8 Gross premiums without any deduction
received and receivable upon all unex
pired fire risks running more than one
year from date of policy 317873530
unearned premiums pro rata
9 Gross premiums without any deduction
including both cash and bills received
and receivable upon all unexpired in
land navigation and marine risks c
10 Gross premiums without any deduction I
received and receivable on all unex
pired marine risksJ
065012 92
1642254 03
254621 13
11 Total unearned premiums as computed
aboveless reinsurance
12 Net premiums reserve and all other liabilities except
capital under the Life Insurance or any other special
department Perpetual Department
19 All other demands against the company absolute and
contingent due and to become due admitted and con
tested viz Commissions brokerages etc due and
to become due 1798680 reinsurance 4S0i9S all
other 140848 total
20 Total amount of all liabilities except capital stock
scrip and net surplus
21 Joint stock capital actually paid up in cash
23 Surplus beyond capital and all other liabilities
24 Aggregate amount of all liabilities including capital
paid up and net surplus
IVINCOME DURING THE YEAR
On Marine and
1 Gross premiums and bills in On Fire Risks IulanJ Risks
course of collection at close
of last previous year as shown
by that years statement 643198 0 355186 83
3 Net collected 543198 05 355186 S3
4 Gross premiums on risks writ
ten and renewed during the
yjar4578044 20 2452226 09
Total5121242 25 2807412 92
3286473 42
136358 63 3150114 79
777372 95
87432 26
4679932 92
3000000 00
2526555 98
10206488 9076 COMPTROLLERGENERALS REPORT
6 Deduct premiums and bills in
course of collection at this
date 428146 83 581293 59
7 Entire premiums collected dur
ing the year4693093 42 2225119 33
8 Deduct reinsurance and return
premiums 909805 88 601000 26
9 Net cash actually received for
premiums 3783289 54 1625119 07 5408408 61
10 Received for interest on bonds and mortgages 127312 91
11 Received for interests and dividends on stocks and bonds
collateral loans and from all other sources 257 261 92
12 Income received from all other sources omitting increase
if any in value of securities viz Rents 936536
profit on sale of securities 428805 perpetual fees
etc 214318 from wrecking company 911946 from
bad debts 3524 total 24 951 29
15 Aggregate amount of income actually received dur
ing the year in cash perpetual deposits 1342571 5S17S37 73
VEXPENDITURES DURING THE YEAR
Marine and
1 Gross amount actually paid for Fire RNks Inland Rik
losses2320348 23 2133824 11
2 Deduct all amnts actually re
ceived for salvages whether
on losses of the last or of
previous year 21507635
and all amounts actually re
ceived for reinsurances in
other companies 58500777
total deductions 130915 72 663168 40
3 Net amount paid during
the year for losses 2183432 51 1470655 71 3654088 22
4 Cash dividends actually paid stockholders amount of
stockholders dividends declared during the year 360 000 00
6 Paid for commissions or brokerage 100996 43
7 Paid for salaries fees and other charges of officers clerks
agents and all other employes qj ii
8 Paid for State national and local taxes in this and other
Statfls 143570 00
9 All other payments and expenditures viz Advertising
postage stationery traveling expenses insurance de
partment fees repairs and expenses on real estate etc 333248 65
Aggregate amount of actual expend it lies during the
year in cash 5787280 41
Perpetual deposits returned 1079131COMPTROLLERGENERALS REPORT 7
Business in the State of Georgia During the Year Ending December 31 1898
Marine and
Fire marine and inland risks writ Fire Risks Inland Risks
ire marine 5037497 00 1031516 00 6069013 00
V 7fTRi9 3 9 802 86 80662 18
Premium received gross 089
T osses naid 55543 08 15453 77 70996 85
Losses paid 7
Losses incurred 0
BUSINESS IN GEORGIA FOR YEAR ENDING APRIL 30 1899
10866661 00
Eisks 113402 71
Premiums m2U r
Losses 1134 03
Tax
THE LANCASHIRE FIRE INSURANCE COMPANY OF MANCHES
TER ENGLAND
IIASSETS
1 Market value of real estate owned by the company less
the amount of incumbrances thereon dboao
9 Total par and market value of stocks and bonds owned
absolutely by the company carried out at market
1607118 to
value p
12 Cash in companys principal offices 4 bit o
13 Cash belonging to the company deposited in
bank Mechanics National Bank New
York 203780 Yermilye Co Bankers
N Y in name of Trustees 7806998
Atlanta National Bank Atlanta Ga
1682127 Metropolitan National Bank
Chicago 111 1930237 AngloCalifornia
Bank San Francisco Gal 224709 118718 51
Total 119090 05
17 Cash in hands of agents and in course of transmission 277870 33
Special agents balances 1
Total assets of the company actual cash market
239038 s
value
IIILIABILITIES
1 Losses due and unpaid 134885 74
2 Gross losses in process of adjustment or in
suspense including all reported and sup
posel losses 14852072
3 Losses resisted including interest costs and
other expenses thereonLtBd 00
4 Total gross amount of claims for losses 29090 01
5 Deduct reinsurance thereon 21239 59
C Net amount of unpaid losses 78 COMPTROLLERGENERALS REPORT
7 Gross premiums without any deduction re
ceived and receivable upon all unexpired
fire risks running one year or less from
date of policy 139918381 unearned
premiums fifty per cent 699591 90
K Gross premiums without any deduction re
ceived and receivable upon all unexpired
fire risks running more than one year
from date of policy 125896007 un
earned premiums pro rata 768652 37
11 Total unearned premiums as computed above carried out 1468241 27
11 Amount reclaimable by insured on perpetual insurance
being 90 per cent of premium deposit 4963 95
19 All ether demands against the company absolute and
contingent due and to become due admitted and con
fested 50000 03
Total 1807058 64
23 Surplus beyond capital and all other liabilities 583331 21
24 Aggregate amount of all liabilities including capital paid
up and net surplus 2390389 85
IVINCOME DURING THE YEAR
r Ou Fire Risks
4 jross premiums and bills in course of col
lection at close of last previous year as
shown by that years statement 293630 01
3 Net collected 293 630 01
4 Gross premiums on risks written and re
newed during the year 2567 138 28
5 Total 2860J68 29
6 Deduct premiums and bills in course of col
lection at this date 277 870 33
7 Entire premiums collected during the year 2582897 96
8 Deduct reinsurance and return premiums 604159 69
9 Net cash actually received for premiums
carried out 197878s 27 1978738 27
11 Received for interests and dividends on slocks and bonds
collateral loans and from all other sources 62 938 35
12 Income received from all other sources omitting increase
if any in value of securities viz Rents 559092
net total 559092
14 Amount of remittances from home offices
during the year 44 905 84
15 Aggregate amount of income actually received during
the year in casli 2047267 54
VEXPENDITURES DURING THE YEAR
i j 11 J 0n Fire Rik3
1 Gross amount actually paid for losses in
cluding 17903920 on losses occurring in
previous years 1302170 51COMPTROLLERGENERALS REPORT 79
2 Deduct all amounts actually received for
salvages whether on losses of the last or
Of previous year 1281180 and all
amounts actually received for reinsur
ance in other companies 9716642 total
deductions 10978 22
3 Net amount paid during the year for
losses 119219229 1192192 29
6 Paid for commissions or brokerage 400298 82
7 Paid for salaries fees and othercharges of officers clerks
agents and all other employes 168219 05
8 Paid for State national and local taxes in this and other
States 5545889
9 All other payments and expenditures viz Office ex
penses traveling maps printing advertising and board
assessments total 151173 46
10 Amount sent to home office during the year 207608 68
Aggregate amount of actual expenditures during
the year in cash 1967342 51
Business in the Stale of Georgia during the near ending Dec 31 1898
Fire Risks
Fire marine and inland risks written 3901741 00
Premiums received gross 38062 6o
Lossespaid 14348 06
Losses incurred iimx
BBSKESS IN GEORGIA FOR YEAR ENDING APRIL 30 1899
Riskg 278838000
Premiums 3685136
Losses 1261922
Tax 3i851
LION FIRE INSURANCE COMPANY OF LONDON ENGLAND
ICAPITAL
1 Whole amount of capital stock 4125000 00
2 Amount paid up in cash 560069 00
IIASSETS
1 Market value of real estate owned by the company less
the amount of incumbrances thereon 4500 00
2 Loans on bond and mortgage duly recorded and being
first liens on the fee simple 249877 50
3 Interest due on all said bond and mortgage loans 489288
interest accrued thereon total 4892 68
4 Value of lands mortgaged exclusive of
buildings and perishable improvements 199860 00
5 Value of buildings mortgaged insured for
28600000 as collateral 368300 00
6 Total value of said mortgaged prem
ises carried inside 568160 0080
COMPTROLLERGENERA LS REPORT
9 Total par and market value of stocks and bonds owned
absolutely by the company carried out at market value 481657 50
11 Total par and market value of stocks bonds and all other
securities except mortgages hypothecated to the com
pany and amount loaned thereon 1 000 00
12 Cash in companys principal office 172 25
13 Cash belonging to the company deposited in
National Exchange Bank Hartford Conn 87901 70
Total cash items 88073 95
15 Interest due and accrued on stocks not included in mar
ket value uncollected 6107 08
16 Interest due and accrued on collateral loans and uncol
lected 22 92
17 Cash in hands of agents and in course of transmission 71156 15
Total assets of the company actual cash market value 912287 98
tilLIABILITIES
1 Losses due and unpaid 19217 06
2 Cross losses in process of adjustment or in
suspense including all reported and sup
posed losses 48449 71
3 Losses resisted including interest costs and
other expenses thereon 8530 92
4 Total gross amount of claims for losses 70 197 69
5 Deduct reinsurance thereon 1282 16
6 Net amount of unpaid losses 74915 53
7 Gross premiums without any deduction re
ceived and receivable upon nil unexpired
tire risks running one year or less from
date of policy 39272034 Unearned
premiums fifty per cent 19636 17
8 tiross premiums without any deduction re
ceived and receivable upon all unexpired
tire risks running more than one year
from dale of policy if37r3rS Un
earned premiums pro rata 224885 OS
11 Total unearned premiums as computed above carried out 42124s 25
10 All other demands against the company absolute and
contingent due and to become due admitted and con
icsted viz Commission brokerage and other charges
due and to become due to agents and brokers on pre
miums paid and in course of collection 1441 li
20 Total amount of all liabilities except capital stock
scrip and net surplus 510577 93
23 Surplus beyond capital and all other liabilities 401710 0
24 Aggregate amount of all liabilities including capi
tal paid up and nel surplus 912287 98COMPTROLLERGENERALS REPORT
8T
IVINCOME DURING THE YEAR
On Fire Risks
1 Gross premiums and bills in course of col
lection at close of last previous year as
shown by that years statement50527 50
3 Net collected 50527 50
4 Gross premiums on risks written and re
newed during the year 785307 30
5 Total
i Deduct premiums and bills in course of col
lection at this date
835834 80
53985 60
781849 20
232542 60
5430t 5
12380 01
16716 60
59 72
7 Entire premiums collected during the year
8 Deduct reinsurance and return premiums
Net cash actually received for premiums carried out
10 Received for interest on bonds and mortgages
31 Received for interests and dividends on stocks and bonds
12 Income received from all other sources omitting increase
if any in value of securities viz Rente
15 Aggregate amount of income actually received dur
ing the year in cash 578462 877
VEXPENDITURES DURING THE YEAR
On Fire Risks
1 Gross amount actually paid for losses in
cluding 4881217 losses occuring in pre
vious year 407485 10
2 Deduct amounts actually received for sal
vages whether on Josses of the last or of
previous year 281150 and all amounts
actually received for reinsurances in
other companies 5264993 Total de
ductions 55461 4
3 Net amHint paid during the year for losses 352028 67
i Paid for commissions or brokerage 116447 54
7 Paid for salaries fees and other charges of officers clerks
agents and all other employes 43162 38
8 Paid for Slate national and local taxes in this and other
States IS560 62
9 All other payments and expenditures viz Agency and
miscellaneous expenses 41932 05
10 American braches of foreign companies will please report
amount sent home offices during the year 848 96448
Aggregate amount of actual expenditures during
the year in cash 572126 2ft
Business in the Stati f urtjia During tin Year Ending Die 1898
Iire Risks
492894
7212 48
911 7
8130 4T
Fire marine and inland risks writ ten
Premiums received gross
Dosses paid
Losses incurred S2 COMPTROLLERGENERALS REPORT
BUSINESS IN GEORGIA FOR YEAR ENDING APRIL 30 1899
Risks
Premiums
Losses
Tax
588314 00
8731 19
6845 59
87 31
LIVERPOOL AND LONDON AND GLOBE FIRE INSURANCE COM
PANY OF LIVERPOOL ENGLAND
4
1 Market value of real estate owned by the company less
the amount of incumbrances thereon 1799000 00
2 Loans on bond and mortgage duly recorded and being
first liens on the fee simple 3622350 00
3 Interest due on all said bond and mortgage loans 2
73625 interest accrued thereon4C3196 total 43768 21
Value of lands mortgaged exclusive of
buildings and perishable improve
ments 3602050 00
5 Value of buildings mortgaged 3336850 00
7 Amount of other loans 6938900 00
9 Total par and market value of stocks and bonds owned
absolutely by the company carried out at market value 2602593 75
12 Cash in companys principal office 2269 06
13 Cash belonging to the company deposited in
bank name bank Continental Bank
New York City 182 23404 New York
Insurance and Trust Co New York City
24500000 United States Trust Co New
York City 24500000 First National
Bank Chicago 6054708 First National
Bank Denver Col 9035 London and
San Francisco Bank San Francisco Cal
2573891 Canal Bank New Orleans La
79857 Germania National Bank New
Orleans La 9639 05 Whitney National
Bank New Orleans La 428146 State
National Bank New Orleans La 10
49406 total 783828 52
Total cash items
36 Interest due and accrued on collateral loans and uncol
lected
17 Cash in hands of agents and in course of transmission
All other assets both real and personal viz Rents due
and accrued 1342306 due from other companies for
reinsurance on losses already paid name companies
Life loans 140000 P P deposits due 323780 sus
pense account 52840 interest due on bank deposit
331081 21950 07
Total assets ol the company actual cash market value 9703581 65
786092 58
198 03
827629 01COMPTROLLERGENERALS REPORT
83
IIILIABILITIES
1 Losses due and unpaid 17674 27
2 Gross losses in process of adjustment or in
suspense including all reported and sup
posed losses 666698 65
3 Losses resisted including interest costs
and other expenses thereon 46950 00
4 Total gross amount of claims for losses 731322 92
5 Deduct reinsurance thereon 165732 66
6 Net amount of unpaid losses
7 Gross premiums without any deduction re
ceived and receivable upon all unexpired
fire risks running one year or less from
date of policy 3023234 21
Unearned premiums fifty per cent 1511617 11
8 Gross premiums without any deduction re
ceived and receivable upon all unexpired
fire risks running more than one year
from date of policy 406777654 un
earned premiums pro rata 2054152 27
11 Total unearned premiums as computed above carried out
12 Net premiums reserve and all other liabilities except
capital under the life insurance or any other special
department
13 Unused balances of bills and notes taken in advance or
premiums on open marine and inland policies or other
wise returnable on settlement
19 All other demands against the company absolute and con
tingent due and to become due admitted and con
tested
565590 25
3565769 38
92271 56
323882 6
310151 70
20
Total amount of all liabilities except capital stock
scrip and net surplus 4857 665 56
INCOME DURING THE YEAR
On Fire Iliks
1 Gross premiums and bills in course of col
lection at close of last previous year as
shown by that years statement
2 Deduct amount of same not collected
3 Net collected
4 Gross premiums on risks writ ten and re
newed during the year
5 Total
6 Deduct premiums and bills in course of col
lection at this date
7 Entire premiums collected during the year
8 Deduct reinsurance and return premiums
9 Net cash actually received for premiums
carried out
990862 07
2505 78
988353 29
660676 74
7591033 03
Si 1754 76 6729278 27 1749850 13
4979422 1481
COMPTROLLER GENERALS REPORT
10 Received for interest on bonds and mortgages 156343 42
11 Received for interest and dividends on stocks and bonds
collateral loans and from all other sources 103332 02
12 Income received from all other sources omitting increase
if any in value of securities viz Rents 6163952 61639 62
15 Aggregate amount of income actually received during
the year in cash 5300737 20
EXPENDITURES DURING THE YEA II
On Fre Risks
1 Gross amount actually paid for losses in
cluding 39878070 losses occurring in
previous years 3293043 38
2 Deduct all amounts actually received for
salvages whether on losses of the last
or previous year 6480037 and all
amonts actually received for reinsurance
in other companies 351949S0 total de
ductions 416749 67
Net amount paid during the year for losses 2876293 71
t Paid for commissions or brokerage 922 658 58
7 Paid for salaries fees and other charges of officers clerks
agents and all other employes
8 Paid for state national ami local taxes in this and other
states
9 All other payments and expenditures
10 American branches of foreign companies
will please report amount sent to home
offices during the year 509556 78
331400 41
136906 29
334802 88
Aggregate amount of actual expenditures during the
year in cash 4602061 87
Business in th Stati of Georgia During tin Year Ending December SI 1898
Fire Risks
Fire marine and inland risks wril ten j 42870S 00
Premiums received gross y0 003 gs
Losses paid ill 745 31
Losses incurred
BUSINESS IN GEORGIA Fun VEAl ENDING APRlt 30 1899
69497 58
Risks
Premiums
Losses
Tax
ii7522J0 00
118595 64
5619 00
1185 95COMPTROLLER Q EN ERALS REPORT 85
LIVERPOOL AND LONDON AND GLOBE FIRE INSURANCE COM
PANY OF NEW YORK N Y
CAPITAL
1 Whole amount of capital stock 200 000 00
2 Amount paid up in cash 200000 00
IIASSETS
9 Total par and market value of slocks and bonds owned
absolutely by the company carried out at market value 239731 25
11 Total par and market value of bonds and all other secu
rities except mortgages hypotecated to rhe company
and amount loaned thereon 239731 5
13 Cash belonging to the company deposited in bank Con
tinental Bank 852903 U S Trust Co U5OOJOO 24529 03
17 Cash in hands of agents and in course of transmission 7931 97
Total assets of the company actual and cash mar
ket value 27219225
IIILIABILITIES
2 Gross losses in processor adjustment or in
suspense including all reported and sup
posed losses
4 Total gross amount of claims for losses 1890 00
5 Deduct reinsurance thereon j925 00
6 Net amount of unpaid losses 96o 00
11 Total unearned premiums as computed above carried out 21945 04
19 All other demands against the company absolute and
contingent due and to become due admitted and con
9773 14
tested
20 Total amount of all liabilities except capital stock
scrip and net surplus 32s3 l8
21 Joint stock capital actually paid up in cash 200000 00
23 Surplus beyond capital and all other liabilities 39009 07
24 Airaregate amount of all liabilities including capital paid
up and net surplus ivei to
IVINCOME DURING PRE YEAR
1 Gross premiums and bills in course of col
lection at close of last previous year as
shown by that years statement12
3 Net collected 12
4 Gross premiums on risks written and re
newed during the year 56759 4o
5 Total 5677145
6 Deduct premiums and bills in course of col
lection at this date 20156 84
7 Entire premiums collected during the year 36614 61
S Deduct reinsurance and return premiums14423 2480
COMPTROLLERGENERALS REPORT
9 Net cash actually received for premiums
carried out 22191 37
11 Received for interest and dividends on stocks and bonds
collateral loans and from all other sources 7774 19
15 Aggregate amount of income actually received dur
ing the year in cash 29965 56
EXPENDITURES DURING THE YEAR
1 Gross amount actually paid for losses
2 Deduct ail amounts actually received for sal
vages whether on losses of the last or of
previous years 3857 and all amounts
actually received for reinsurance in
other companies 27461 total
On Fire Risks
8805 01
313 18
4 Cash dividends actually paid stockholders
amount of stockholders dividends de
clared during the year
6 Paid for commissions or brokerage
7 Paid for salaries fees and other charges of officers clerks
agents and all other employes
8 Paid for state national and local taxes in this and other
states
9 All other payments and expenditures
Aggregate amount of actual expenditures during
the year in cash
8491
6902
S3
33
1627 50
541
6207
68
41
23770 74
ss in the State of Georgia dining the year aiding December
Eire marine and inland risks written
Premiums received gross
Losses paid
Losses incurred
31 1898
Fire Risks
212400 00
2138 87
1461 us
2633 08
BUSINESS IN GEORGIA Im YKAB ENDING APRIL 30 1899
Risks
Premiums
Losses
Tax
310169
3706
1421
37
00
90
65
06COMPTROLLERGENERALS REPORT ST
THE LONDON ASSURANCE CORPORATION OF LONDON ENGLAND
ICAPITAL
1 Whole amount of capital stock 896550
2 Amount paid up in cash 448275
IIASSETS
2 Loans on bond and mortgage duly recorded and being
first liens on the fee simple 130
9 Total par and market value of stocks and bonds owned
absolutely by the company carried out at market value 2029820 00
12 Cash in companys principal office 64 5
13 Cash belonging to the company deposited in bank Bank
of New York N B A 13067753 Merchants Bank
fihieaeo S3 92704 Bank of British Colombia 52560 135130 17
15 Interest due and accrued Jkomj R2
17 Premiums in course of collection 45968 8
18 Bills receivable not matured taken for fire marine and
inland risks 12931 7S
All other assets both real and personal as per schedule
attached viz Rents due and accrued
Due from other companies for reinsurance on losses
already paid total JX JJ
Cash in hands of special agents 10b
Total assets of the company actual cash market value 2458406 63
IIILIABILITIES
1 Losses due and unpaid 53232 6o
2 Gross losses in process of adjustment or in
suspense including all reported and sup
posed losses h
3 Losses resisted including interest costs and
other expenses thereon14090 50
4 Total gross amount of claims for losses 3031KI 44
5 Deduct reinsurance thereon 41305 62
6 Net amount of unpaid losses 26187o fc
7 Gross premiums without any deduction re
ceived and receivable upon all unexpired
tire risks running one year or less from
hue of policy 358626 Unearned
premiums fifty percent 266593 13
8 Gross premiums without any deduction re
ceived and receivable upon all unexpired
fire risks running more than one year
from date of policy 874039 47 Un
earned premiums pro rafca 461350 83
10 ivoss premiums without any deduction re
ceived and receivable on all unexpired
till U
marine risks
11 Total unearned premiums as computed above carried out 766903 91C M PTKO UERG KXEKA US REPORT
1 Amount reclaimable by the insured on perpetual fire in
surance policies being 95 of the premium or deposit
received
19 All other demands against the company absolute and
contingent due and to become due admitted and con
tested viz Commissions 29707in return pre
miums 34173 reinsurance 2446782 total
2 Total amount of all liabilities except capital stock
scrip and net surplus
23 Surplus beyond capital and all other liabilities
21 Aggregate amount of all liabilities including capi
tal paid up and net surplus
IVINCOMK OURINK TUFT YEAR
Oa Fire Risks r Ma1S n
Inland Kiskfk
1 Jross premiums and bills in
course of collection at close of
last previous year as shown
by that years statement 131654 58
174 80
54519 65
1083474 24
1374932 39
2458406 63
92639 72
Net collected 131654 58 92639 72
Gross premiums on risks written
and renewed during the year 991285 27 719639 51
Total1122989 85 812279 23
Deduct premiums and bills in
course of collection at this
date 110944 20 147956 35
8
9
10
II
15
Entire premiums collected dur
ing the year1011995 65 664322 8
Deduct reinsurance and return
premiums 187399 04 209287 81
Net cash actually received for
premiums carried out 824596 61
455035 07
Received for interest on bonds and mortgages
Received for interests and dividends on stocks and bonds
collateral loans and from all other sources
I279631 68
585 00
76727 50
Aggregate amount of income actually received dur
ing the year in cash 1356944 18
On Marine and
Inland tusks
VEXPENDITURES DURING TWE YEAR
On fire Kisks
Gross amount actually paid for
losses including 14608640
losses occuring in previous
years 49851412 426481 29
Deduct all amounts actually re
ceived for salvages whether
on losses of the last or of pre
vious year 1117120 andCOMPTROLLER GENERALS REPORT
89
all amounts actually received
for reinsurances in other
companies 14759593 total
deductions 2394S 75 157798 88
3 Net amount paid during the
year for losses 474565 37 268682 41
6 Paid for commissions or brokerage
7 Paid for salaries fees and other charges of officers clerks
agents and all other employes
8 Paid for State national and local taxes in this and other
States
9 All other payments and expenditures viz Postage ad
vertising stationery traveling maps and office ex
penses
Aggregate amount of actual expenditures during
the year in cash 1159316 35
743247 78
196488 45
104919 01
37551 72
77109 39
Business in the State of Georgia During the Year Ending Dec 31 1898
FireRik I52rEK ASate
Fire marine and inland risks writ
ten
Premiums received gross
Losses paid
Losses incurred
29562 01 103573 00 1405135 00
396 89 1642 98 5606 87
1091 88 37 36 1129 24
7ii3 SS 763 88
BUSINESS IN GEORGIA V
OB YEAH ENDING APBII 30 1899
Risks
Premiums
Losses
lax
955110 00
5493 83
4778 00
51 94
ONDON AND LANCASHIRE BTRE INSURANCE COMPANY OF
LIVERPOOL ENGLAND
12
13
15
IIASSETS
Market value of real estate owned by the company less
the amount of incumbrances thereon 299125 00
Total par and market valif stocks and bonds owned
absolutely by tin company carried outfit nnrket value 2018809 67
Cash in companys principal office 23722 09
Cash belonging to the company deposited
in bank 217727 70
Total cash items
InterSt due and accrued on slocks not included in market
value uncollected
Cash in hands of agsnts and in courss of transmission
Bills receivable nol matured taken for Are marine and
inland risks
241449 79
26348 33
280521 95
8131 6990
COMPTROLLERGENERALS REPORT
11
lil
23
24
All other assets both real and personal viz Rents due
and accrued 59249 due from other companies for re
insurance on losses already paid 24942 841 91
In hands of special agents 1554 37
Amount of premiums unpaid on policies
which have been issued more than three
months inside 5835 77
Total assets of the company actual
cash market value 2876842 71
IIILIABILITIES
Losses due and unpaid 45140 74
Gross losses in process of adjustment or in
suspense including all reported and sup
posed losses 127890 83
Losses resisted including interest costs and
other expenses thereon 2i378 96
Total gross amount of claims for losses 194416 53
Deduct reinsurance thereon 15209 30
Net amount of unpaid losses 179 147 23
Gross premiums without any deduction re
ceived and receivable upon all unexpired
Are risks running one year or less from
date of policy 1211552 52 unearned
premiums iilty per cent 605776 25
Gross premiums without any deduction
received and receivable upon all unex
pired fire risks running more than one
year from date of policy 170444379
unearned premiums pro rata 934232 34
Total unearned premiums ascomputed above carried out 1540008 59
All other demands against the company viz Balances
due other companies 1 73 49
Commissions 53140 79
Return premiums 235582 reinsuranee 2205729 24413 11
Ttal 798473 21
Surplus beyond capital and all other liabilities 1078369 50
Aggregate amount of all liabilities including capital paid
up and net surplus 2 876 842 71
IVINCOME DURING THE YEUi
On Fire Risks
1 Gross premiums and bills in course of col
lection at close of last previous year as
shown by that years statement 341099 85
2 Deduct amount of same not collected 475 23
3 Net collected 340624 62
4 Gross premiums on risks written and re
newed during the year 2495570 94
5 Total 2836195 56COMPTROLLERGENERALS REPORT 9t
6 Deduct premium and bills in course of col
lection at this date H489 41
7 Entire premiums collected during the year i1706 15
8 Deduct reinsurance and return premiums789195 04
9 Net cash actually received for premiums
carried out 1752511 11
11 Received for interests and dividends on stocks and bonds
collateral loans and from all other sources 75817 9
12 Income received from all other sources omitting increase
if anv in value of securities viz Rents 758521
total jl
15 Aggregate amount of income actually received during the
yearincash 1836014 Si
VEXPENDITURES DURING THE YEAR
On Fire Risks
1 Gross amount actually paid for losses in
cluding 14037238 losses occurring in pre
vious years 1131076 15
2 Deduct all amounts actually received for
salvages whether on losses of the last or
of previous year 3466937 and all
amounts actually received for reinsur
ance in other companies 18363822
total deductions 218307 59
Net amount paid during the year for losses 912768 56
6 Paid for commissions or brokerage 367618 36
7 Paid for salaries fees and other charges of officers clerks
agents and all other employes 138975 56
8 Paid for State national and local taxes in this and other
States 5154451
9 All other payments and expenditures viz Rents 17
39852 internal revenue 427972 advertising print
ing and stationery 1450274 legal expenses 27859
all other expenses 10254561 total 139005 18
10 Amount sent to home office during the year 201706 99
Aearegate amount of actual expenditures during the
year 1609912 17
Buainess in the Slate of Georgia during ihn year endinj Bee 31 1893
Fire Risks
Fire Marine and inland risks written 4185532 00
Premiums received gross 23301 33
i 16672 75
Dossespaid
Dosses incurred 16546
BUSINESS IN GEORGIA FOR YEAR ENDING AIRII 30 1899
1848356 00
25018 63
remUU9 108118
SSS 25019
ax92
COMPTROLLERGENERALS REPORT
THE MAGDEBURG FIRE INSURANCE COMPANY OF MAGDEBURG
GERMANY
II ASSETS
9 Total par and market value of stocks and bonds owned abso
lutely by the company carried out at market value
12 Cash in companys principal office 115 09
13 Cash belonging to the company deposited
in bank National Union Bank of New
York 328 16
Cash in hands of trustees 16986 43
Total cash items
15 Interest due and accrued on stocks not included in mar
ket value uncollected
17 Cash in hands of agents and in course of transmission
Total assets of the company actual cash market value
802362 50
1742 68
7862 50
91431 90
91911 58
III LIABILITIES
2 Gross losses in process of adjustment or in
suspense including all reported and sup
posed losses 34711 00
f Deduct reinsurance thereon 315 00
i Net amount of unpaid losses 34 39 qo
7 Gross premiums without any deduction
received and receivable upon all unex
pired fire risks running one year or less
from date of policy 47002735 un
earned premiums fifty per cent 235013 67
8 Gross premiums without any deduction
received and receivable upon all unex
pired ire risks running more than one
year from date of policy 19688146 un
earned premiums pro rata 131376 81
11 Total unearned premiums as computed above 369 890 IS
19 All other demands against the company absolute and
contingent due and to become due admitted and con
tested viz Cost of collection commissions and bro
kerage 21712 26
20 Total amount of all liabilities except capital stock scrip
and net surplus 425 jgg 71
21 Joint stock capital actually paid up in cash 200000 00
23 Surplus beyond capital and all other liabilities 293 590 si
24 Aggregate amount of all liabilities including capital paid
upandnet surplus 919089 58
IV XCOME DURING THE YEAR
On Fire Hisks
1 Gross premiums and bills in course of col
lection at close of last previous year as
shown by that years statement 65299 41
2 Deduct anount of same not collected 1183COMPTROIAERGKNKRALS REPORT
93
3 Net collected
4 Gross premiums on risks written and re
newed during the year
5 Total
5 Deduct premiums and bills in course of col
lection at this date
65287 61
743909 42
809197 03
95307 89
7 Kntire premiums collected during the year 713829 14
8 Deduct reinstaranee and return premiums 145940 78
9 Net cash actually received for premiums
11 Received foT interest and dividends on stocks and bonds
collateral loans and from all other aourees
12 Income received from all other sources omitting increase
if any in value of securities Remittance from home
office
15 Aggregate amotmtof income actually received during the
year in cash
V EXMWDrTlJRES DOKING TUB YBAK
1 Gross amount actually paid for losses in
cluding 4181352 losses occurringin pre
vious years
2 Deduct all amounts actually received for
salvages whether on losses of the last or
of previous years 728812 Reinsur
ances 1035341 Total dediietions
3 Net amount paid daring the year for losses
0 Paid for commissions or brokerage
7 Paid for salaries fees and other charges of officers clerks
agents and all other employes
8 Paid for State national and local taxes in this and other
States
9 AH other payments and expenditures viz Advertising
rent stationery printiRg ebe
Amount sent to home offiee during the year
Aggregate amount of actual expenditures during the year
in cash
369798 33
17641 53
10
567888 80
25430 78
18053 75
611378 81
352150 80
113915 14
51749 25
18501 si
57711 17
212 49
594240 7
Butinnss Gwg Jnvngtki ieatr Ettdiiuj Deeemler 31 1898
Fire Risks
Fire risks writ tew
Premiums received gross
Losses paid
Losses incurred
823294 no
9169 Ol
3807 90
3867 90
TISIMSS l o notion rOB YEAH KXIMSC AIUII 30 1899
Risks
Premiums
Losses
Tax
752080 00
10321 II
1848 oo
103 21m
COMPTROLLERGENERALS REPORT
MANCHESTER FIRE ASSURANCE CO OF MANCHESTER ENGLAND
ICAPITAL
1 Whole amount of capital stock 100000 0 00
2 Amount paid up in cash 1000000 00
IIASSETS
1 Market value of real estate owned by the company less
the amount of incumbrances thereon 100000
2 Loans on bond and mortgage duly recorded and being
first liens on the fee simple
3 Interest due on all said bond and mortgage loans
interest accrued thereon 500 Total
9 Total par and market value of all stocks and bonds owned
absolutely by the companycarried out at market value
10 Amount of stocks bonds and all other securities except
mortgages hypothecated to the company as collateral
security for cash actually loaned by the company with
the par and market value of the same and the amount
loaned on each
12 Cash in companys principal office 3479 99
13 Cash belonging to the company deposited
in Bank of America New York 18045 41
Cash belonging to company deposited in
Manhattan Trust Co New York 25423 02
Cash belonging to company deposited in
Union National Bank Chicago 19044 87
Total cash items
14 Amount of premium notes upon which policies have been
issued
15 Interest due and accrued on stocks not included in
market value uncollected
18 Bills receivable not matured taken for fire marine and
Inland risks
All other assets both real and personal as per schedule
attached viz Rents due and accrued due from
other companies for reinsurance on losses already paid
Total assets of the company actual cash market value
IIILIABILITIES
1 Losses due and unpaid
2 Gross losses in process of adjustment or
in suspense including all reported and
supposed losses
3 Losses resisted including interest cost and
other expenses thereon
4 Total gross amount of claims for losses
5 Deduct reinsurance thereon
5 Net amount of unpaid lossesi
7 Gross premiums without any deduction re
ceived and receivable upon all unexpired
fire risks running one year or less from
date of policy
95809 09
65947 11
23740 03
185495 23
22459 1
2900 00
250 00
5 60
1481628 75
65993 29
235072 51
6554 17
2338 80
219 58
1794962 70
163035 62
883759 50COMPTROLLERGENERALS REPORT
95
11
19
23
24
Unearned Premiums fifty per cent 441879 75
Gross premiums without any deduction
received and receivable upon all unexpir
efire risks running more than one year
from date of policy 102219340 Un
earned premiums 534005 85
Total unearned premiums as computed
above carried out 975885 60
All other demands against the company absolute and
contingent due and to become due admitted and con
tested viz Commissions etc 3798469 Return pre
miums 1237100 Reinsurance 2066665 Special
Agents 84753 71869 87
Total amount of all liabilities except capital stock
scrip and net surplus 1210791 09
Surplus beyond Capital and all other Liabilities 584171 61
Aggregate amount of all liabilities including capital
paid up and net surplus 1794962 70
7
9
10
11
14
15
IVINCOME DURING THE YEAR
On Fire Risks
Gross premiums and billsin course of col
lection at close of last previous year as
shown by that years statement 256
06843
Deduct amount of same not collected
3686 87
Net collected 252381 56
Gross premiums on risks written and re
newed during the year as shown in risk
and premium exhibit 689 743 07
Total 194212463
Deduct premiums and bills in course of
collection at this date 247353 05
Entire premiums collected during the year 1694771 58
Deduct reinsurance and return premi
ums 482668 74
Net cash actually received for premiums carried out 1212102 84
Received for interest on bonds and mortgages
Received for interests and dividends on stocks and bonds
collateral loans and from all other sources 59972 24
American branches of foreign companies will please
report amount of remittances from Home Office dur
the year 68871555
Aggregate amount of income actually received during
the year in cash 1272075 0896
COMPTROLLERGENERALS REPORT
VEXPENDITURES DURING THE YEAR
On Fire Risks
1 Gross amount actually paid for losses in
cluding 21118156 losses occurring in
previous years 999910 78
2 Deduct all amounts actually received for
salvages whether on losses of the last
or of previous year 2601175 and all
amounts actually received for reinsur
ances in other companies 113753 84
Total deductions 139765 59
3 Net amount paid during the year for losses 860145 19 860145 19
6 Paid for commissions or brokerage 248103 34
7 Paid for salaries fees and other charges of officers clerks
agents and all other employes 87171 33
8 Paid for state national and local taxes in this and
other states 52152 64
9 All other payments and expenditures viz Stationery
traveling local boards postage advertising furni
ture fixtures and sundries 95300 39
10 American Branches of Foreigh Companies
will please report amount sent to Home
Offices during the year 962203 86
Aggregate amount of actual expendi
tures during the year in cash 1342872 89
Business in the State of Georgia daring the year ending Dec SI 1898
Fiip Risks
Fire marine and inland risks written 111669100
Premiums received gross 16875 11
Losses paid 4398 14
Losses incurred 4 611 00
BUSINESS IN GEORGIA FOR YEAR ENDING APRIL 30 1899
Risks 1483182 00
Premiums 90424 39
Losses 5369 18
Tax 2 14 24
THE MANHATTAN FIRE INSURANCE CO OF NEW YORK N Y
1 Whole amount of capital stock 250 000 09
2 Amount paid up in cash L50000 00
IIASSETS
9 Total par and market value of stocks and bonds owned
absolutely by the company carried out at market value
12 Cash in companys principal office 10005 90
341844 00COMPTROLLERGENERALS REPORT
97
13 Cash belonging to the company deposited in
bank Hanover Nationl Bank5030589
National Park Bank 29406 total
60605 85
Total cash items
17 Cash in hands of agents and in course of transmission net
All other assets both real and personal Rents due and
accrued due from other companies for rein
surance on losses already paid Atlanta Home Insur
ance Co for premiums cancelled off schedule 1140345
for losses paid 91181
Total assets of the company actual cash market
value
60605 85
59865 90
2315 26
464631 01
IIILIABILITIES
Gross losses in process of adjustment or in
suspense including all reported and sup
posed losses
Losses resisted including interest costs and
other expenses thereon
II
19
20
21
23
24
134663 92
13404 49
Total gross amount of claims for losses 148068 41
Deduct reinsurance thereon 18951 81
Net amount of unpaid losses
Gross premiums without any deduction re
ceived and receivable upon all unexpired
Are risks running one year or less from
date of policy 4656996 unearned pre
miums pro rated by months 34251 66
Total unearned premiums as computed above carried out
All other demands against the company absolute and
contingent due and to become due admitted and con
tested viz Due for reinsurance premiums
Total amount of all liabilities except capital stock
scrip and net surplus
Joint stock capital actually paid up in cash
Surplus beyond capital and all other liabilities
Aggregate amount of all liabilities including capital paid
up and net surplus
IVINCOME DURING THE TIME
On Fire Risks
1 dross premiums and bills in course of col
lection at close of last previous year as
shown by that years statement86229 00
3 Net collected 86229 00
4 Gross premiums on risks written and re
newed during the time 1061893 76
5 Total 1H8122 76
6 Deduct premiums and bills in course of col
lection at this date 70430 48
129116 60
34251 66
8434 76
171803 02
250000 00
42827 99
464631 0198
COMPTROLLERGENERALS REPORT
7 Entire premiums collected during the time 1077G92 28
8 Deduct reinsurance and return premiums 690113 6S
9 Net cash actually received for premiums carried out
10 Received for interest on bonds and mortgages
12 Income received from all other sources omitting increase
if any in value of securities viz Rents
profit on sale of securities 1442107 assessment levies
on stockholders81388 67 deposit with Guarantee Trust
and Safe Deposit Co refunded 20000 total
15 Aggregate amount of income actually received during the
year in cash
VEXPENDITURES DURING THE YEAR
On Fire Risks
1 Gross amount actually paid for losses in
cluding 6010296 losses occurring in pre
vious years 407989 13
2 Deduct all amounts actually received for
salvages whether on losses of the last or
of previous year 124253 and all
amounts actually received for reinsur
ance in other companies 862198 total
deductions 9864 51
3 Net amount paid during the time for
losses
4 Cash dividends actually paid stockholders amount of
stockholders dividends declared during I he time
5 Scrip or certificates of profits redeemed in cash and in
terest paid to scripholders
6 Paid for commissions or brokerage
7 Paid for salaries fees and other charges of officers clerks
agenls and all other employes
8 Paid for State national and local taxes in i his and other
States
All other payments and expenditures viz Rents
864550 losses on sales of securities 3474150 ad
vertising printing and stationery 6679S3 legal ex
penses 2188508 furniture and fixtures 3246 mis
cellaneous 4244586 total
Aggregate amount of actual expenditures during
the time in cash
Ilnsiness in the State of Georgia luring the year
9
Fire marine and inland risks
Premiums received gross
Losses paid
Losses incurred
387578 60
22894 70
96009 74
506480 04
398124 62
25982 66
31 80
149968 26
79858 27
100S0 52
113930 23
783976 36
Fire Risks
738899 91
13459 46
2342 41
2342 41COMPTROLLERGENERALS REPORT
99
MILWAUKEE MECHANICS FIRE INSURANCE COMPANY OF MIL
WAUKEE WIS
ICAPITAL
1 Whole amount of capital stock
2 Amount paid up in cash
IIASSETS
200000 00
200000 00
1 Market value of real estate owned by the company less
the amount of incumbrances thereon
2 Loans on bond and mortgage duly recorded and being
first liens on the fee simple
3 Interest due on all said bond and mortgage loans 20
8808S interest accrued thereon 2839289 total
4 Value of lands mortgaged exclusive of
buildings and perishable improvements 1813510 00
5 Value of buildings mortgaged insured for
71040000 as collateral 1162880 00
200000 00
56500 00
1263215 09
49273 77
6 Total value of said mortgaged prem
ises carried inside 2976390 00
9 Total par and market value of stocks and bonds owned
absolutely by the company carried out at market value
12 Cash in companys principal office 59860 96
13 Cash belonging to the company deposited in
bank First National Bank Milwaukee 52347 98
Total cash items
17 Cash in hands of agents and in course of transmission
Total assets of the company actual cash market value
IIILIABILITIES
20666 00
48307 00
7134 34
76107 34
8189 53
1 Losses due and unpaid
2 Gross losses in process of adjustment or in
suspense including all reported and sup
posed losses
Losses resisted including interest costs and
other expenses thereon
Total gross amount of claims for losses
Deduct reinsurance thereon
Net amount of unpaid losses
Gross premiums without any deduction re
ceived and receivable upon all unexpired
fire risks running one year or less from
date of policy 580381 43
Unearned premiums fifty per cent 290190 72
8 Gross premiums without any deduction
received and receivable upon all unex
pired fire risks running more than one
year from date of policy 93206749 un
earned premiums pro rata 486205 23
Total unearned premiums as computed above carried out
964636 50
112208 94
123103 06
2568997 36
67917 81
11
776395 95100
COMPTROLLERGENERALS REPORT
19 All other demands against the company absolute and
contingent due and to become due admitted and con
tested viz Reserve retained for ReInsurance Co 41964 89
20 Total amount of all liabilities except capital stock scrip
and net surplus 88Gj278
21 Joint stock capital actually paid up in cash 200000 Ott
23 Surplus beyond capital and all other liabilities 1482718 71
24 Aggregate amount of all liabilities including capital paid
up and net surplus 2 56S 997 36

IVINCOME DURIXG THE YEAR
Q Fire Risks
bross premiums and bills in course of col
lection at close of last previous year as
shown by that years statement 137018 SI
Net collected 137018 81
Gross premiums on risks written and re
newed during the year i 143313 59
Total 1280332 40
Deduct premiums and bills in course of col
lection at this date 153953 82
10
11
12
15
Entire premiums collected during the year lliC 378 5S
Deduct reinsurance and return premiums 362631 89
Net cash actually received for premiums
carried out
Received for interest on bonds and mortgages
Received for interests and dividends on stocks and bonds
collateral loans and all other sources
Income received from all othersoiirces omitting increase
if any in value of securities viz Rents 5438500 in
crease in value of bonds and stocks18980 80 total
Aggregate amount of income actually received during thT
year in cash
763746 6
52575 44
41536 OS
23365 SO
SS12S4 01
EXPENDITURES DURING THE YEAR
On Fire Risks
1 Gross amount actually paid for losses in
cluding 63793 54 losses occurring in pre
vious years
2 Deduct all amounts actually received for
salvages whether on losses of the last
or of previous year 128641 and ail
amounts actually received for reinsur
ances in other companies 8712685 to
tal deductions
555622 31
88413 26
3 Net amount paid during the year for losses
4 Cash dividends actually paid stockholders
stockholders dividends declared during the year
6 Paid for commissions or brokerage
4I7J09 05
amount of
467209 05
80000 00
246953 77COMPTROLLERGENERALS REPORT 101
7 Paid for salaries fees and other charges of officers clerks
09 OO AX
agents and all other employes oto
8 Paid for state national and local taxes in this and other
states 74712
9 All other payments and expenditures viz Rents adver
tising printing stationery legal expenses furniture
and fixtures miscellaneous loss on agents balances re
serve to ReInsurance Co total82066 U
Aggregate amount of actual expenditures during the
yearincash 884320 00
Business in the State of Georgia During the Year Ending December 1898
Fire Risks Aggregate
Fire marine and inland risks written 278778 00 278778 00
Premiums received gross 3500 83 3500 83
Lossespaid 185 45 135 45
Losses incurred 135 45 135 45
BUSINESS IN GEORGIA FOE YEAE ENTDING APRIL 30 1899
Risks 54197000
Premiums S640 2
Losses 93000
Tax 8641
NATIONAL FIRE INSURANCE COMPANY OF HARTFORD CONN
ICAPITAL
1 Whole amount of capital stock 1000000 00
2 Amount paid up in cash 1000000 00
IIASSETS
1 Market value of real estate owned by the company less
the amount of incumbrances thereon 306650 S3
2 Loans on bond and mortgage duly recorded and being
first liens on the fee simple 810890 97
4 Value of lands mortgaged exclusive of
buildings and perishable improvements 1370050 00
5 Value of buildings mortgaged insured for
75348500 as collateral 126870 00
6 Total value of said mortgaged prem
iges 2688750 00
9 Total par and market value of stocks and bonds owned
absolutely by the company carried out at market value 2838393 00
12 Cash in companys principal office 718 31
13 Cash belonging to the company deposited in bank Char
ter Oak National Bank if 16025212 Hartford National
Bank 5013056 Continental National Bank 3927731
National Bank of Illinois 550147 Union Trust Com
pany 385139 New Orleans National Bank 115286 230165 71
17 Premiums in hands of agents and in course of transmis
sion 125080
Total assets of the company actual cash market val 4642499 73102
COMPTROLLERGENERALS REPORT
IIILIABILITIES
1 Losses due and unpaid 98927 53
2 Gross losses in process of adjustment or in
suspense including all reported and sup
posed losses 67535 91
3 Losses resisted including interest costs
and other expenses thereon 26067 76
4 Total gross amount of claims for losses 192531 20
7 Gross premiums without any deduction
received and receivable upon all unex
pired risks running one year or less from
date of policy 152444108 unearned
premiems fifty per cent 762220 54
8 Gross premiums without any deduction
received and receivable upon all unex
pired Are risks running more than one
year from date of policy 191494558
unearned premiums pro rata 990 189 66
11 Total unearned premiums as computed above 1752410 20
19 All other demands against the company absolute and
contingent due and to become due admitted and con
tested viz Reserve for contingencies 25000 00
Commissions and expenses due agents 5409875 re
turn premiums and reinsurances 8875183 total 142850 58
20 Total amount of allliabilities except capital stock
and net surplus 2112791 98
21 Joint stock capital actually paid up in cash 1000000 00
22 Scrip outstanding 529707 75
24 Aggregate amount of all liabilities including capital
paid up and net surplus 4042499 73
IVINCOME DURING THE YEAR
1 Gross premiums and bills in course of col
lection at close of last previous year as
shown by that years statement 385698 70
3 Net collected 885608 70
4 Gross premiums on risks written and re
newed during the year 2633806 95
5 Total 3019505 65
6 Deduct premiums and bills in course of col
lection at this date 425680 91
7 Entire premiums collected during the year 2593824 74
8 Deduct reinsurance and return premiums 496984 78
9 Net cash actually received for premiums 2096839 96
10 Received for interest on bonds and mortgages 48189 32
11 Received for interests and dividends on stocks and bonds
collateral loans and from all other sources 141389 64COMPTROLLERGENERALS REPORT
103
12 Income received from all other sources omitting in
crease if any in value of securities viz Rents 1
48991 profit and lossagents balance 35158
13 Received for calls on capital
15 Aggregate amount of income actually received during
the year in cash
1841 49
351 58
22S861i 99
VEXPENDITURES DURING THE YEAR
1 Gross amount actually paid for losses in
cluding 13542908 losses occurring in
previous years 1237950 45
Deduct all amounts actually received for
salvages whether on losses of the last or
of previous year 2661441 and all
amounts actually received for reinsur
ance in other companies 11658845 total
deductions 143202 86
2
120000 00
405478 20
180178 98
72231 42
380563 31
3 Net amount paid during the year for losses 1094747 59
4 Gash dividends actually paid stockholders amount of
stockholders dividends declared during the year
6 Paid for commissions or brokerage
7 Paid for salaries fees and other charges of officers clerks
agents and all other employes
8 Paid for State national and local taxes in this and other
States
9 All other payments and expenditures viz Miscellane
ous expense 17143660 profit and loss sale of securi
ties 20912671 total
Aggregate amount of actual expenditures during the
year in cash 2253199 50
Business in the State of Georgia During the Year Ending December 31 1898
Fire marine and inland risks written 1629418 00
Premiums received gross 20291 14
Losses paid 16594 93
Losses incurred 15406 33
BUSINESS IN GEORGIA FOR YEAR ENDING APRIL 30 1899
Risks 2079135 0
Premiums 21365 34
Losses 12321 58
Tax 213 65104
COMPTROLLERGENERALS REPORT
NIAGARA FIRE INSURANCE COMPANY OF NEW YORK N Y
1
I CAPITAL
Whole amount of capital stock 500000 00
Amount paid up in cash 500000 00
IIASSETS
Market value of real estate owned by the company less
the amount of incumbrances thereon 1000000 00
2 Loans on bond and mortgage duly recorded and being
first liens on the fee simple 268600 00
3 Interest due on all said bond and mortgage loans
Interest accrued theron 3994 16
5 Value of buildings mortgaged insured for 21250000 as
collateral
6 Total value of said mortgaged premises carried inside 458450 00
9 Total par and market value of stocks and bonds owned ab
solutely by the company carried out at market value 1165325 00
12 Cash in companys principal office 759 68
13 Cash belonging to the company deposited in
bank Manhattan Company 6909379
Continental Trust Company 50000 00 119093 79
Total cash items 119853 47
15 Interest due and accrued on stocks not included in mar
ket value uncollected 2671 49
17 Cash in hands of agents and in course of transmission 22911 04
All other assets both real and personal as per schedule
attached viz Rents due and accrued 343176 Due
from other companies for reinsurance on losses already
paid Caledonia Insurance Co etc 95412 total 4385 88
Total assets of the company actual cash market value 2788741 04
III LIABILITIES
1 Losses due and unpaid 61357 31
2 Gross losses in process of adjustment or in
suspense including all reported and sup
posed losses 77714 74
3 Losses resisted including interest costs
and other expenses thereon 10285 71
4 Total gross amount of claim for losses I 19357 76
5 Deduct reinsurance thereon 16524 64
6 Net amount of unpaid losses
132833 12
7 Iross premiums without any deduction re
ceived and receivable upon all unexpired
fire risks running one year or less from
date of policy 98898168 Unearned
premiums fifty per cent
8 Gross premiums without any deduction re
ceived and receivable upon all unexpired
fire risks running more than one year
from date of policy 1410886CH Un
earned premiums pro ratai
494190 84
74S 138 04
11 Total unearned premiums as computed above carried out 1212628 83COMPTROLLERGENERALS REPORT
105
16
19
20
21
23
24
Cash dividends to stockholders remaining unpaid 30 00
All other demands against the company absolute and
contingent due and to become due admitted and con
tested viz Oomissions 3700700 return premiums
and reinsurance 446525 Reserve for contingent lia
bilities 10000000 total 141472 25
Total amount of all liabilities except capital stock
scrip and net surpus 1516964 25
Joint stock capital actually paid up 500000 00
Surplus beyond capital and all other liabilities 771775 79
Aggregate amount of all liabilities including capi
tal paid up and net surplus 2788741 04
IVINCOME DURING THE YEAR
OiFre Risks
1 Gross premiums and bills in course of col
lection at close of last previous year as
shown by that years statement
254382 38
254382 38
3 Net collected
4 Gross premiums on risks written and re
newed during the year 1942247
5 Total 2196630 23
6 Deduct premiums and bills in course of col
lection at this date 223911 04
7 Entire premiums collected during the year 1972719 19
8 Deduct reinsurance and return premiums 470460 05
9 Net cash actually received for premiums carried out
10 Received for interest on bonds and mortgages
11 Received for interests and dividends on stocks and bonds
collateral loans and from all other sources
12 Income received from all other sources omitting increase
if any in value of securities viz Rents
1502259 14
13463 89
49551 19
17202 19
15
Aggregate amount of income actually received dur
ing the year in cash 1582476 41
ifKXIKXDITlKKS DURING THE YEAR
On Fire Risks
1 Gross amount actually paid for losses in
cluding losses occuring in pre
vious years 980801 65
2 Deduct all amounts actually received for
salvages whether on losses of the last or
of previous year and all
amounts actually received for reinsur
ances in other companies
total deductions 134 324 54
3 Net amount paid during year for losses
4 Cash dividends actually paid stockholders amil of
stockholders dividends declared during the year 50
00000
840477 11
49970 00106 COMPTROLLERGENERALS REPORT
6 Paid for commissions or brokerage 292726 22
7 Paid for salaries fees and other charges of officers clerks
agents and all other employes 159944 63
8 Paid for State national and local taxes in this and other
States 42869 05
D All other payments and expenditures viz Traveling
rent stationery etc 13403335 internal revenue
tax 465686 total 138690 21
Aggregate amount of actual expenditures during
the year in cash 1530677 22
Business in the State of Georgia During the Year Ending Dee 31 1898
Fire Risks
Fire marine and inland risks written 645 039 00
Premiums received gross 10 939 70
Losses paid 11545 80
Losses incurred 12166 05
BUSINESS IN GEORGIA FOR YEAR ENDING APRIL 30 1899
Kisks 746399 00
Premium 12073 86
Losses H804 45
Tax 120 73
NORWICH UNION FIRE INSURANCE SOCIETY OF NORWICH
ENGLAND
ICAPITAL
1 Whole amount of capital stock 5500000 00 5500000 00
2 Amount paid up in cash 660000 00
11ASSETS
2 Loans on bond and mortgage duly record
ed and being first liens on the fee simple 40000 00
3 Interest due on all said bond and mortgage loans 900
Interest accrued thereon 1150 1 050 00
4 Value of lands mortgaged exclusive of buildings and per
ishable improvements 80000 00
5 Value of buildings mortgaged insured for
4000000 as collateral
6 Total value of said mortgaged premises car
ried inside 80000 00
9 Total par and market value of stocks and bonds owned
absolutely by this company carried out at market
value
12 Cash in Companys principal office 3873 44
13 Cash belonging to the Company deposited
in Bank of New York 16599927 Bank
of America 10301429 Treasurer of tne
Territory of New Mexico 5000 Bank
of British North America 231788 276331 44
Total cash items os 004 00
1841672 50COMPTROLLERGENERALS REPORT
107
15 Interest due and accrued on Stocks not included in
market value uncollected
17 Cash in hands of agents and in course of transmission
Total assets of the Company actual cash market val
21551 17
172133 73
2356612 2
63129 78
21197 85
180607 13
17176 01
550095 80
600304 31
IIILIABILITIES
1 Losses due and unpaid 96279 50
2 Gross losses in process of adjustment or in
suspense including all reported and sup
posed losses
3 Losses resisted including interest costs
and other expenses thereon
4 Total gross amount of claims lor losses
5 Deduct reinsurance thereon
6 Net amount of unpaid losses
7 Gross Premiums without any deduction re
ceived and receivable upon all unexpired
Fire risks running one year or less from
date of policy Hlll
Unearned Premiums
8 Gross premiums without any deduction re
ceived and receivable upon all unexpired
Fire risks running more than one year
from date of policy 113727166 Un
earned premiums
11 Total unearned premiums as computed above carried
out
Due and accrued for salaries rent advertising and for
Agency and other miscellaneous expenses
All other demands against the Company absolute and
contingent due and to become due admitted and con
tested viz Taxes and assessments 1019094 Com
missions brokerage etc due agents and brokers
2737684 Return Premiums 629179 Reinsurance
973933
20 Total amount of all liabilities except capital stock
scrip and net surplus
Surplus beyond capital and all other liabilities
Aggregate amount of all liabilities including capital
paid up and net surplus
IVINCOME DURING THE YEAR
On Fire Risks
Gross premiums and bills in course of col
lection at close of last previous year as
shown by that years statement 190564 84
Net collected
Gross premiums on risks written and re
newed during the year as shown in risk
and premium exhibit 19011
17
1
23
21
163431 12
1150400 1L
2203 79
53598 90
1369633 92
986978 36
2356612 28
5 Total
2091696 21108
COMPTROLLERGENERALS REPORT
6 Deduct premiums and bills in course of col
lection at this date 193300 17
7 Entire premiums collected during the year 1898396 04
8 Deduct reinsurance and return premiums 42d581 59
9 Net cash actually received for premiums
carried out 1471814 45
10 Received for interest on bonds and mortgages 1200 00
11 Received for interests and dividends on stocks and bonds
collateral loans and from all other sources 80200 67
14 American branches of foreign companies will please re
port amount of remittances from home office during
the year 7628 63
15 Aggregate amount of income actually received during the
year in cash 1553215 12
VEXPENDITURES DURING THE YEAR
Oa lire Risks
1 Gross amount actually paid for losses 883935 83
2 Deduct all amounts actually received for
salvages whether on losses of the last
or of previous year 1276538 and all
amounts actually received for reinsur
ances in other companies 6410964 to
tal deductions 76875 02
3 Net amount paid during the year for losses 807060 81 807060 81
6 Paid for commissions or brokerage 260613 81
7 Paid for salaries fees and other charges of officers clerks
agents and all other employes 143806 07
8 Paid for state national and local taxes in this and other
states and internal revenue tax 27347 46
9 All other payments and expenditures viz Advertising
stationery postage maps etc 110512 79
10 American branches of foreign companies
will please report amount sent to home
offices during the year 314699 78
Aggregate amount of actual expenditures during
the year in cash 1355340 94
Business in the Slate of Georgia during the year ending Dec 31 1898
Fire Bisks
Fire marine and inland risks written 2387 850 00
Premiums received gross 35 267 02
Losses paid 19929 65
Dosses incurred 18884 68
BUSINESS IN GEORGIA FOR YEAR ENDING APRIL 30 1899
E isks 2547076 00
Premiums 37887 40
Losses 16778 04
Tax 378 87COMPTROLLERGENERALS REPORT
109
UNITED STATES BRANCH OF NORTH BRITISH AND
MERCANTILE INSURANCE COMPANY OF LONDON AND
EDINBURGH GREAT BRITAIN
ICAPITAL
Whole amount of capital stock 13750000 00
Amount paid up in cash 3437500 00
IIASSETS
18462 94
12 Cash in companys principal office
13 Cash belonging to the company deposited
in bank J P Morgan Co Bankers
New York City 2S512210 Merchants
National Bank N Y 2000000 total 293585 04
Total cash items Uninvested cash in hands of
trustees
15 Interest due and accrued on stocks not included in mar
ket value uncollected
18 Bills receivable not matured taken for Are risks
All other assets both real and personal Rents due and
accrued due from other companies for re
insurance on losses already paid
Other admitted assets
Gross premiums in course of collection not more than
three months due
182 86
46174 38
423 32
526 35
831 00
387445 02
Total assets of the company actual cash market
value
4348564 90
IIILIABILITIES
1 Losses due and unpaid
2 Gross losses in process of adjustment or in
suspense including all reported and sup
posed losses
3 Losses resisted including interest costs
and other expenses thereon
Total gross amount of claims for losses
64322 56
180310 70
32191 90
4
276825 16
5 Deduct reinsurance thereon 9809 49
6 Net amount of unpaid losses 267015 67
7 Gross premiums without any deduction re
ceived and receivable upon all unexpired
Are risks running one year or less from
date of policy 161641159 unearned
premiums fifty per cent 808205 79
8 Gross premiums without any deduction re
ceived and receivable upon all unexpired
fire risks running more than one year
from date of policy 212024562 un
earned premiums pro rata 1127530 17
11 Total unearned premiums as computed above carried out 1935741 96
14 Amount reclaimable by insured on perpetual fire policies
being 90 per cent of premium or deposit received 11384 til110
COMPTROLLERGENERALS REPORT
19 All other demands against the company absolute and
contingent due and to become due admitted and con
tested viz Commissions brokerages and other
charges due to agents on premiums paid and in course
of collection
Special agents balances
75299 46
8527 08
Total 2297968 81
23 Surplus beyond capital and all other liabilities 2050596 09
24 Aggregate amount of all liabilities including capital paid
up and net surplus 4348564 90
IVINCOME DUHING THE YEAK
On Fire Eisks
2 Gross premiums and bills in course of col
lection at close of last previous year as
shown by that years statement 428615 17
3 Net collected 428615 17
4 Gross premiums on risks written ad re
newed during the year 2975075 28
5 Total 3403690 45
6 Deduct premiums and bills in course of col
lection at this date 402358 55
7 Entire premiums collected during the year 3001331 90
8 Deduct reinsurance and return premiums 611382 47
9 Net cash actually received for premiums carried out
11 Received for interests and dividends on stocks and bonds
collateral loans and from all other sources
15 Aggregate amount of income actually received during the
year in cash
VEXPENDITURES DUBINQ THE YEAE
On Fire Bisks
1 Gross amount actually paid for losses in
cluding 16571484 losses occurrin in
previous years 1412291 12
2 Deduct all amounts actually received for
salvages whether on losses of the last or
of previous year 1473599 and all
amounts actually received for reinsur
ance in other companies 7463518
total deductions 89371 17
2359949 43
14S325 89
2538275 32
3 Net amount paid during the year for losses
6 Paid for commission or brokerage
7 Paid for salaries fees and other charges of officers clerks
agents and all other employes
8 Paid for State national and local taxes in this and other
States
9 All other payments and expenditures viz Local and
other board expenses rent stationery supplies to
agents advertising office expenses etc total
1322919 95
412026 17
209566 21
74013 11
107632 29COMPTROLLERGENERALS REPORT Ill
10 Amount sent to home office duringthe year 484994 73
Aggregate amount of actual expenditures during
the year in cash 2126157 73
Business in the State of Georgia during the year ending Dec 31 1898
Fire Risks
Fire marine and inland risks written 2094379 00
Premiums received gross 31210 34
Losses paid 36706 11
Losses incurred 30661 21
BUSINESS IN GEORGIA FOR YEAR ENDING APRIL 30 1899
Risks 2802147 00
Premiums 32781 6S
Losses 30496 81
Tax 327 82
THE UNITED STATES BRANCH NORTHERN ASSURANCE COM
PANY OF LONDON ENGLAND
ICAPITAL STOCK
1 Amount of capital stock authorized 15000000 00
subscribedfor 15000000 00
2 Amount of capital paid up in cash 1500000 00
Amount of net ledger assets Dec 31 of previous year if 1770797 97
IIINCOME DUEING THE YEAR
As shown by the books at home office at close of business December 31
1 Iross premiums and bills unpaid at close of
last year as shown by that years state
ment 21492806
2 Deduct amount of same not collected 1494 82
213433 24
9
II
13
Net collected
Cross premiums written and renewed dur
ing the year 1466497 19
Total 167993043
Deduct gross premiums and bills in course
of collection at this date 208983 81
Kntire premiums collected luring the year 1470946 62
Deduci reinsurance rebate abatement and
return premiums 482349 i1
Received for premiums other than perpetuals 988597 01
Rents from companys property including
700000 for companys use of own build
ings
Interest and dividends on stocks and bonds
6343000 from all other sources 34659
Total rents and interest
7000 00
63776 59
70776 59112
COMPTROLLERGENERALS REPORT
15 Received from head office during the year
5S0583 62
Total income during the year 1639957 22
Total footings 3410755 19
IIIDISBURSEMENTS DURING YEAR
As shown by the books at home office at close of business December Ml
1 Gross amount paid for losses including
10800830 occurring in previous years 707231 98
2 Deduct amounts received for salvages on
losses of the last or of previous years
760477 and from reinsurance in other
companies 15960141 167206 18
3 Net amount paid during the year for losses
7 Commissions or brokerage to agents less received on re
insurances
8 Rents including 700000 for companys use of own build
ings less 148332 from subleases
9 Salaries fees and all other charges of officers clerks and
other employes
10 Taxes on premiums 2793047 on real estate 302710
11 Insurance department fees and agents licenses 767536
municipal licenses 410234 tax on franchise 437678 16154 48
12 Advertising printing and stationery 1302832 legal ex
penses 25520 repairs and expenses on real estate
furniture and fixtures 579 miscellaneous
10096020
14 Remitted to head office during the year
540025
143425
14176
89673
3057
80
63
68
66
57
11424
162135
5
55
Total expenditures luring the year 1111298
Balance 2299456 31
LEDGER ssKl
As per ledger accounts shown by the books at mine office at close of business
Decembi i il
1 Book value of real estate unincumbered 115000 00
4 Book value of bonds excluding interest
189917875 and stocks 20200000 2101178 75
5 Cash in companys offices 1552 22
Deposited in banks MerchantsLoan and
Trust Company Chicago 2485261
Northern Trust Company Chicago
38033 American Exchange Bank Si
Ion is 144745 National Bank of Com
merce New York 7003086 Onion
Trust Company New York 226340
Bank of British Columbia San Francisco
52560 total 99500 25
c Bills receivable 18914 agents debit
balances 74072 1109 8ii
Total 231816 08COMPTROLLERGENERALS REPORT
113
Deduct Ledger Liabilities
7 Agents credit balances 86812 all other
1783065
Total net ledger assets
18704 77
2299456 31
NONLEDGER ASSETS
9 Interest due 956250 and accrued 7
37250
16935 00
Total carried out 16935 00
14 Market value not including interest in item 9 of bonds
and stocks over book value
15 Gross premiums in course of collection
December 31 not more than three months
due 198974 46
16 Deduct cost of collection commission and
brokerage 28043 15
17 Net amount of uncollected premiums not more than three
months due
31815 62
170931 31
Gross assets
Deduct Assets not Admitted
3 Agents debit balances unsecured
Total admitted assets
2519138 24
740 72
2518397 52
VNONLEDGE It LIA BILITIES
1 Losses adjusted and unpaid due S
not yet due 2548027 25480 27
2 Losses in process of adjustment or in sus
pense including all reported and sup
posed losses 64550 90
3 Losses resisted not outlawed including in
terest costs and other expenses thereon 22370 50
4 Total amount of claims for losses 112401 67
5 Deduct reinsurance due or accrued 5927 86
0 Net amount of unpaid losses
7 Gross premiums less reinsurance received
and receivable upon all unexpired Are
risks running one year or less from date
of policy including interest premiums on
perpetual fire risks 86869533 unearned
premiums fifty per cent 434347
s Gross premiums less reinsurance received
and receivable upon all unexpired fire
risks running more than one year from
date of policy 91924105 unearned
premiums pro rata 487636 66
11 Tola I unearned premiums as computed above
19 Commissions brokerage and other charges
due to agents and brokers on premiums
paid
106473 81
921984 32
78 07114
C M PTROLLERGENER ALS REPORT
20 Return premiums 1180959 and reinsur
ance premiums 797475 19784 34 19862 41
22 Total amount of all liabilities 1048320 54
25 Divisible surplus 1470070 98
Total 2518397 52
Business in the State oj Georgia During the Year 1898
15 Gross risks written 2307083 00
16 Gross premiums received 23295 41
17 Losses paid 8759 13
18 Losses incurred 8244 13
BUSINESS IN GEORGIA FOR YEAH ENDING APRIL 30 1899
Risks 2250929 00
Premiums 21272 77
Losses 5730 34
Tax 212 72
ORIENT FIRE INSURANCE COMPANY OF HARTFORD CONN
ICAPITAL
1 Whole amount of capital stock 500000 00
2 Amount paid up in cash 500000 IX
1
2
4
5
0
9
10
L2
13
Market value of real estate owned by the company less
the amount of incumbrances thereon
Loans on bond and mortgage duly recorded and being
first liens on the fee simple
Interest due on all said bond and mortgage loans 3
0414 interest accrued thereon 154627 total
Value of lands mortgaged exclusive of
buildings and perishable improvements I
Value of buildings mortgaged insured for
12030000as collateral
Total value of said mortgaged premises J 827672 00
Total par and market value of stocks and bonds owned
absolutely by the company carried out at market val
Amount of stocks bonds and all other securities except
mortgages hypothecated to the company as collateral
security for cash actually loaned by the company with
the par and market value of the same and the amount
loaned t hereon
ash in companys principal office
Cash belonging to the company deposited in
bank American National 5161665
City Bank 20548 23 Farmers and Me
chanics 1342900 United States Rank
662 total
Total cash items
11898 03
80238 50
90141 74
237149 tiO
4010 41
1868119 51
1750 00
98130 53COMPTROLLERGENERALS REPORT
115
16
17
Interest due and accrued on stocks not included in mar
ket value uncollected
Interest due and accrued on collateral loans and uncol
lected
Cash in hands of agents and in course of transmission
All other assets both real and personal as per schedule
attached viz Rents due and accrued 72068 due
from other companies for reinsurance on losses already
paid total
Special cash deposit New Mexico
11525 OS
52 50
188430 60
720 68
10000 00
Total assets of the company actual cash market value 2516673 26
11
17
20
21
23
24
208819 49
17289 45
226108 94
20010 67
III LIABILITIES
1 Losses due and unpaid
2 Gross losses in process of adjustment or
in suspense including all reported and
supposed losses
3 Losses resisted including interestcosts and
other expenses thereon
4 Total gross amount of claims for losses
5 Deduct reinsurance thereon
6 Net amount of unpaid losses 206098 27
7 Gross premiums without any deduction
received and receivable upon all unex
pired fire risks running one year or less
from date of policy 90908346 unearn
ed premiums fifty per cent 454541 73
8 Cross premiums without any deduction
received and receivable upon all unex
pired fire risks running more than one
year from date of policy 98853690 un
earned premiums pro rata 524637 75
9 Gross premiums without any deduction
including both cash and bills received
and receivable upon all unexpired inland
navigation and marine risks 2917431 14587 16
Total unearned premiums as computed above
Due and accrued for salaries rant advertising and for
agency and other miscellaneous expenses
Total amount of all liabilitiesexcept capital stock scrip
and net surplus 1202628 23
Joint stock capital actually paid up in cash 500000 00
Surplus beyond capital and all other liabilities 814045 03
Aggregate amount of all liabilities Including cap
ital paid np and net surplus 2511673 26
993766 64
2703 32
IVINCOME DURING THE YBAK
Marine anil
Inland Bisk
7 Entire premiums collected during Fire Risks
the year1684146 44 38932 06lli
COMPTROLLERGENERALS REPORT
8 Deduct reinsurance and return
premiums 364157 81 8259 68
9 Net cash actually received for
premiums 1269988 63 30672 38
10 Received for interest on bonds and mortgages
11 Received for interests and dividends on stocks and bonds
collateral loans and from all other sources
12 Income received from all others sources omitting in
crease if any in value of securities viz Rents 11800
15
1300661 01
19207 35
85513 22
118 00
Aggregate amount of income actually received during
the year in cash 1405199 58
VEXPENDITURES DURING THE YEAR
Marine and
Gross amount actually paid for Fire Eists Inland Risks
losses including 11800534
losses occurring in previous
years 848756 40 24514 74
Deduct all amounts actually receiv
ed for salvages whether on losses
of the last or previous year
1379858 and all amounts act
ually received for reinsurance in
other companies 7979026 total
deductions 90526 79 3062 05
3 Net amount paid during the year
for losses 758229 61 21452 69
4 Cash dividends actually paid stockholders amount of
stockholders dividends declared during the year
6 Iaid for commissions or brokerage
7 Paid for salaries lees and other Charges of officers clerks
agents and all other employes
8 Paid for State national and local taxes in this and other
States
9 All other payments and expenditures
Aggregate amount of actual expenditures during the
year in cash
Businezs in the Slate of Georgia during the year ending December
Fire marine and inland risks written
Premiums received gross
Losses paid
Losses incurred
779682 30
50000 0
204102 06
113603 25
37101 90
81874 98
1326364 49
31 1898
2265832 00
33780 31
3778 82
11127 43
BUSINESS IN GEORGIA FOR Till YEAR ENDING APRIL 30 1899
Risks 2203035 00
Premiums 34046 34
Losses 33145 32
Lix 340 46COMPTROLLERGENERALS REPORT
117
THE PACIFIC FIRE INSURANCE CO OF NEW YORK N Y
I CAPITAL
1 Whole amount of capital stock S 210000 00
2 Amount paid up in cash 200000 00
II ASSETS
1 Market value of real estate owned by the company less
the amount of incumbrances thereon 9015 50
2 Loans on bond and mortgage duly recorded and being
first liens on fee simple 245150 00
3 Interest due on all said bond and mortgage loans 350
accrued 198646 Total 2336 46
4 Value of lands mortgaged exclusive of
buildings and perishable improvements 196500 00
5 Value of buildings mortgaged insured for
237000 as collateral 263500 00
6 Total value of said mortgaged premises 460000 00
9 Par and market value of bonds and stocks owned abso
lutely by the company carried out at market value 490872 50
12 Cash in companys principal office 1105 68
13 Cash belonging to the company deposited
in bank Pacific Bank 26861 52
Total cash items 27967 20
35 Interest due and accrued on stocks not included in mar
ket value uncollected 1514 71
17 Cash in hands of agents and in course of transmission 79247 59
All other assets both real and personal viz due from
other companies for reinsurance on losses already
paid Providence Washington 82426 Nassau
8802 Peter Cooper 1207 National 589 American
of Philadelphia 8342933 66
Total assets of the company actual cash market value 857037 62
III LIABILITIES
2 Gross losses in process of adjustment or in
suspense including all reported and sup
posed losses 68787 58
3 Losses resisted including interest costs
and other expenses thereon 4565 65
4 Total gross amount of claims for losses 73353 23
5 Deduct reinsurance thereon 11456 13
6 Net amount of unpaid losses 61897 10
7 Gross premiums without any deduction
received and receivable upon all nnex
pired fire risks running one year or less
from date of policy 27461999 un
earned premiums fifty per cent 137308 99
8 Gross premiums without any deduction
received and receivable upon all unex
pired fire risks running more than one
year from date of policy 29975336 un
earned premiums pro rata 167985 02118
COMPTROLLERGENERALS REPORT
11 Total unearned premiums as computed above 305294 01
17 Due and accrued for salaries rent advertising and for
agency and other miscellaneous expenses 6964 18
18 Amount borrowed money 10000 00
19 All other demands against the company absolute and
contingent due and to become due admitted and con
tested viz Commissions brokerage and other charges
due and to become due to agents and brokers on prem
iums paid and in course of collection 1923671 re
turn premiums 98056 reinsurance 857073 Total 28758 00
20
Total amount of all liabilities except capital stock
scrip and net surplus
21 Joint stock capital actually paid up in cash
23 Surplus beyond capital stock and other liabilities
24 Aggregate amount of all liabilities including capital paid
up and net surplus
IV INCOME DURING THE YEAR
Gross premiums and bills in course of col
lection at close of last previous year as
shown by that years statement
Deduct amount of same not collected
On Fire Risks
78728 23
609 04
Net collected
Gross premiums on risks written and re
newed during the year
Total
Deduct premiums and bills in course of col
lection at this date
78119 19
528111 14
606230 33
83581 87
I
8
9
10
II
12
15
Entire premiums collected during the year 522648 46
Deduct reinsurance and return premiums 1404S 12
Xet cash actually received for premiums
Received for interest on bonds and mortgages
Received for interests and dividends on stocks and bonds
collateral loans and from all other sources
Income received from all other sources omitting in
crease if any in value of securities viz Rents
Aggregate amount of income actually received during
t lie year in cash
V BXBENMTUKK8 JUUTNc THE YEAR
On Kire Risks
Gross amount actually paid for losses in
cluding 4376758 losses occurring in pre
vious years 247650 25
Deduct all amounts actually received for
salvages whether on losses of the last or
of previous year 200385 and all
amounts actually received for reinsur
ance in other companies 2567568 To
tal deductions 27679 53
412913 29
200000 00
214124 33
857037 62
382159 34
11574 50
15212 18
409011 34COMPTROLLERGENERALS REPORT 119
3 Net amount paid daring the year for losses 219970 72
4 Cash dividends actually paid stockholders 20000 00
6 Paid for commissions or brokerage 91634 75
7 Paid for salaries fees and other charges of officers clerks
agents and all other employes 40913 93
8 Paid for State national and local taxes in this and other
States 15907
9 All other payments and expenditures viz Advertising
printing and stationery 304150 legal advertising
37721 furniture and fixtures 47784 legal expenses
30 miscellaneous 2844713 Total32373 68
Aggregate amount of actual expenditures during the year
in cash 417652 m
Business in the State of Geirgii during the Year ending December 31 1898
Fire Bisks
Fire risks written 203470 00
Premiums received gross 2737
Lossespaid
Losses incurred 2156 4
BUSINESS IN GEORGIA FOB THE YEAR ENDING APRIL 30 1899
364570 00
tusks
Premiums 5315 35
Losses 407573
Tax 5315
PALATINE KIKE INSURANCE COMPANY LTD OF MANCHESTER
ENGLAND
IIASSETS
2 Loans on bond and mortgage duly recorded and being
first liens on the fee simple 60000 00
3 Interest due on all said bond and mortgage loans
interest accrued thereon 840 total 840 00
4 Value of lands mortgaged exclusive of
buildings and perishable improvements 165000 00
5 Value of buildings mortgaged insured for
61000 as collateral 80500 00
Total par and market value of stocks and bonds owned
absolutely by this company carried out at market
value 308417800
12 Gash in companys principal office 392 is
13 Cash belonging to the company deposited
in Mercantile Trust Co New York 7o
49388 Mercantile Trust Co Trustees
acct 3193669 Royal Trust Co Chi
cago 1025545 London Paris and
American San Francisco 255734 An
gloCalif ornian San Francisco 227730
Canal Bank New Orleans 968506 N
National Bank New Orleans 750000
otal 139706 32 139706 32120
COMPTROLLERGENERALS REPORT
15 Interest due and accrued on stocks not included in mar
ket value uncollected
117 Cash in hands of agents and in course of transmission
Rue from Traders Ins Co Chicago
Total assets of the company actual cash market value
11625 00
352197 7
1489 41
2653828 80
8
11
17
19
20
23
24
HILIABILITIES
Losses due and unpaid 28234 38
Gross losses in process of adjustment or in
suspense including all reported and sup
posed losses 163214 08
Losses resisted including interest costs
and other expenses thereon 37151 73
Total gross amount of claims for losses 228600 19
Deduct reinsurance thereon 7810 50
Net amount of unpaid losses 220783 69
Gross premiums without any deduction re
ceived and receivable upon all unexpired
Are risks running one year or less from
date of policy 1689715 16
Unearned premiums fifty per cent as
per schedule 844857 58
rross premiums without any deduction re
ceived and receivable upon all unexpired
fire risks running more than one year
from date of policy 1018963 15
Unearned premiums 53i570 55
Total unearned premiums as computed above carried
out 1384428 13
Due and accrued for salaries rent advertising and for
agency and other miscellaneous expenses 198 89
All other demands against the company absolute and
contingent due and to become due admitted and con
tested viz State city county and other taxes 69029
commissions brokerage etc 6024541 return pre
miums 2586001 reinsurance 1033481 97130 52
Total amount of all liabilities except capital stock scrip
and net surplus 1703541 23
Surplus beyond capital and all other liabilities 950287 57
Aggregate amount of all liabilities including capital paid
up and net surplus 2653828 80
INCOME DUBING THE VKAIi
iross premiums and bills in course of col
lection at close of last previous year as
shown by that years statement
Deduct amount of same not collected
Net collected
iross premiums on risks written and re
newed during the year as shown in risk
and premium exhibit
Total
On Fire Risks
400139 95
167 12
399972 53
2583698 33
2983670 80COMPTROLLERGENER ALS REPORT
121
8
10
11
15
Deduct premiums and bills in course of col
lection at this date 367125 92
Entire premiums collected during the year 2616544 94
Deduct reinsurance and return premiums 670988 07
Net cash actually received for premiums
carried out 1945556 87
Received for interest on bonds and mortgages
Received for interests and dividends on stocks and bonds
collateral loans and from all other sources
Aggregate amount of income actually received during
the year m cash 2uaoaa o
L0
1945556 87
3000 00
88442 95
1306900 03
EXPENDITURES DURING THE YEAR
On Fire Risks
1 Gross amount actually paid for losses in
cluding 21303638 losses occurring in
previous years
2 Deduct all amounts actually received for
salvages whether on losses of the last
or of previous year 1793977 and all
amounts actually received for reinsur
ances in other companies 3618845 to
tal deductions
3 Net amount paid during the year for losses
6 Paid for commissions or brokerage
7 Paid for salaries fees and other charges of officers clerks
agents and all other employes
8 Paid for state national and local taxes in this and other
states
9 All other payments and expenditures viz Printing and
stationery advertising rent travel and sundries
American branches of foreign companies
will please report amount sent to home
54128 22
1252771 81
1252771 81
457352 97
143891 90
48996 53
106341 55
offices during the year
28141749
2009354 76
Aggregate amount of actual expenditures during the
year in cash
Business in the State of Georgia during the year ending Dec 31 1S9S
Fire marine and inland risks written
Premiums received gross
Losses paid
Losses incurred
2498016 00
42218 97
35293 07
37734 78
BUSINESS IS GEORGIA FOR YEAR ENDING APRIL 30 1899
Risks
Premiums
Losses
Tax
2026590 00
42738 26
37576 96
427 38122
COMPTROLLERGEXER A L S RE PORT
THE PENNSYLVANIA FTRE INSURANCE COMPANY OF
PHILADELPHIA PA
ICAPITAL
1 Whole amount of capital stock 400000 00
2 Amount paid up in cash 400000 00
11
12
13
15
in
17
Market value of real estate owned by the company less
the amount of incumbrances thereon
Loans on bond and mortgage duly recorded and being
first liens on the fee simple
Interest due on all said bond and mortgage loans
286250 interest accrued thereon 830438 total
Value of lands mortgaged exclusive of
buildings and perishable improve
mentsJ 2168400 00
Value of buildngs mortgaged insured
for 63560000 as collateralJ
Total par and market value of stocks and bonds owned
absolutely by the company carried oui at market value
Total par and market value and amount loaned thereon
Cash in companys principal office 5511 51
Cash belonging to the company deposited
in bank Philadelphia National 26
09498 Western National 11180900
total 137003 98
Total cash items
interest due and accrued on stocks and bonds not in
cluded in market value uncollected
Interest due and accrued on collateral loans and uncol
lected i
Cash in hands of agents and in course of transmission
All other assets both real and personal Rents due and
accrued
Total assets of the company act tial cash market
value
249
846
11
OiiO 00
00 00
166 88
3621
SI
300 00
850 t0
143
265
01 J
415 19
500 00
478 6
500 57
225 00
330 01
IIILIABILITIES
1 Loans due and unpaid
2 Gross losses in process of adjustment or in
suspense including all reported and sup
posed Iossm
3 Losses resisted including interest costs and
other expenses thereon
4 Total gross amount of claim for losses
0 Net amount of unpaid losses
7 Cross premiums without any deduction re
ceived and receivable upon all unexpired
tire risks running one year or less from
date of policy 156777906 unearned
premiums fifty per cent
14025 88
146823 39
6725 00
167584 27
167584 27
783889 53COMPTROLLERGENERALS REPORT
123
S Gross premiums without any deduction re
ceived and receivable upon all unexpired
tire risks running more than one year
from date ot policy 136452605 un
earned premiums pro rata 743087 51
11 Total unearned preminms as computed above carried out
lit All other demands against the company absolute and
contingent due and to become due admitted and con
gested viz Amount receivable by the insured on per
petual fire insurance policies
Commission on premiums through home office
Total
21 Joint stock capital actually paid up in cash
23 Surplus beyond capital and all other liabilities
24 Aggregate amount of all liabilities including capital paid
up and net surplus
IVINCOME DURING THE YEAR
On Fire Risks
1 Premiums and bills in course of collection
at close of last previous year as shown
by that years statement 246117 16
3 Net collected 24i117 6
4 Gross premiums on risks written and re
newed during the year 2204559 86
5 Total 2450677 02
6 Deduct premiums and bills in course of col
lection at this date
1526977 04
831311 42
4000 00
2529 872 73
400000 00
2297463 37
5227336 10
Kntire premiums collected during the year
Deduct reinsurance and return premiums
265500 57
2185176 45
531270 79
Hi
11
12
9 Net cash actually received for premiums carried out
Received for interest on bonds and mortgages
Received for interests and dividends on stocks and bonds
collateral loans and from all other sources
Income received from all other sources omitting increase
if any in value of securities viz Transfers 381 00
15 Aggregate amount of income actually received during the
year in cash
VEXPENDITURES DURING THE YEAR
On Fire Risks
1 ross amount actually paid for losses in
cluding losses occurringin previous years
2 Deduct all amounts actually received for
salvages whether on loans of the last or
previous year and all amounts
actually received for reinsurance in
other companies 10747795 total de
ductions
3 Net amount paid during the year for losses
1653905 66
42647 21
165512 03
4457 44
1866 903 34
1205109 42
107477 95
1097631 47124
COMPTROLLERGENERALS REPORT
4 Cash dividends actually paid stockholders amount of
stockholders dividends declared during the year
6 Paid for commissions or brokerage
7 Paid for salaries fees and other charges of officers clerks
agents and other employes
8 Paid for State national and local taxes in this and other
States
9 All other payments viz Miscellaneous
100000 00
381211 91
95400 00
58374 01
96632 78
Aggregate amount of actual expenditures during the
year in cash 1829390 17
Business in Georgia during the year ending Dec 31 1898
Fire Risks
Fire marine and inland risks written 1568741 00
Premiums received gross 25 70s 82
Losses paid 29 473 R
29054 80
Losses incurred
BUSINESS IN GEORGIA FOR YEARENDING APRIL 30 1899
Risks
Premiums
Losses
Tax
1507024 00
22754 4S
21406 72
227 54
THE UNITED STATES BRANCH PHCENIX ASSURANCE COMPANY
OF LONDON ENGLAND
IIASSETS
9 Total par and market value of bonds owned absolutely by
the company carried out at market value 2248 707 50
12 Cash in companys principal office 13960 50
13 Cash belonging to the company deposited
in bank Bank of the State of New York
American Exchange National Bank 312672 81
Cash in hands of U S trustees 380107 53
Total cash items 706 740 s
17 Cash in hands of agents and in course of transmission 202291 01
All other assets both real and personal as per schedule
attached viz Rents due and accrued S due
from other companies for reinsurance on losses already
paid 634690 bills receivable 45851 6805 4
Total assets of the company actual cash market value ol04io 70
III LIABILITIES
1 Losses due and unpaid 24 104 00
2 iri losses in process of adjustment or in
pense including all reported and sup
posed losses 320835 00
3 Losses resisted including interest costs and
er expenses thereon 24455 00COMPTROLLERGENERALS REPORT
125
Total gross amount of claims for losses
Deduct reinsurance thereon
375394 00
138560 00
Net amount of unpaid losses
Gross premiums without any deduction re
ceived and receivable upon all unexpired
fire risks running one year or less from
date of policy 150070102 unearned
premiums fifty per cent
Gross premiums without any deduction re
ceived and receivable upon all unexpired
fire risks running more than one year
from date of policy 117326564 un
earned premiums pro rata
236834 00
750350 51
636068
11
19
Total unearned premiums as computed above carried out
All other demands against the company absolute and
contingent due and to become due admitted and con
tested viz Return premiums 506668 commissions
brokerage and other charges due and to become due
6940862 due for reinsurance 8281870 reserved
for liabilities possible but not apparent 2500000
1386419 40
182294 00
20
23
24
Total amount of all liabilities except capital stock
scrip and net surplus 1805547 40
Surplus beyond capital and all other liabilities 1359057 36
Aggregate amount of all liabilities including capi
tal paid up and net surplus 3164604 76
IVINCOME DURING THE YEAR
On Fire Risks
Gross premiums and bills in course of col
lection at close of last previous year as
shown by that years statement 235282 17
Deduct amount of same not collected 1613 11
Net collected 233669 06
Gross premiums on risks written and re
newed during the year 3003947 28
Total 3237616 34
Deduct premiums and bills in course of col
lection at this date 204543 23
7
8
9
11
Entire premiums collected during the year 3033073 11
Deduct reinsurance and return premiums 1040634 23
Net cash actually received for premiums carried out
Received for interests and dividends on stocks and bonds
collateral loans and from all other sources
Income received from all other sources omitting increase
if any in value of securities viz Rents
profit on sale of securities and sundry items of profit
and loss account
1992438 88
76400 38
6801 24
15
Aggregate amount of income actually received dur
ing the year in cash 2075700 50126
COMPTROLLERGENERALS REPORT
VEXPENDITURES DURING THE YEAR
On Fire Risks
1 Gross amount actually paid for losses in
cluding 28974273 losses occuring in pre
vious years 1672724 52
2 Deduct all amounts actually received for
salvages whether on losses of the last or
of previous years 1430861 and all
amounts actually received for reinsur
ance in other companies 46570392
total deductions 480012 53
10
3 Net amount paid during the year for losses 1192711
6 Paid for commissions and brokerage 426893
7 Paid for salaries fees and other charges of officers clerks
agents and all other employes
8 Paid for State national and local taxes in this and other
States
9 All other payments and expenditures viz General ex
penses printing stationery advertising traveling
rents maps telegrams etc
American brandies of foreign companies will please report
amount sent to home offices during the year 7470022
135134
62600
78
17
79
13590 87
Aggregate amount of actual expenditures during
the year in cash 1952731
Business in the Slate of Georgia During the Year Ending Dec 31 1898
Fire Risks
Fire marine and inland risks written 1427 445
Premiums received gross 18 430
Losses paid 16390
Losses incurred 15 539
BUSINESS IN GEORGIA FOR YEAR ENDING APRIL 30 1899
Risks
Premiums
Losses
Tax
2136362
20244
14165
202
60
44
9
61
00
19
4U
37
14
PHENIX FIRE INSURANCE COMPANY OF BROOKLYN NEW YORK
ICAPITAL
1 Whole amount of capital stock 1000000 00
2 Amount paid up in cash 1000000 01
itASSETS
1 Market value of real estate owned by the company less
the amount of incumbrances thereon 543 000 00
2 Loans on bond and mortgage duly recorded and being
first liens on the fee simple 96600 00
3 Interest due on all said bond and mortgage loans
Interest accrued thereon 156995 total 1569 95COMPTROLLERGENERALS REPORT
127
4 Value of lands mortgaged exclusive of
buildings and perishable improvements 55000 00
5 Value of buildings mortgaged insured for
10400000 as collateral 115250 00
6 Total value of said mortgaged premises
carried inside 170250 00
9 Total par and market value of stocks and bonds owned
absolutely by the company carried out at market value 4047717 00
12 Cash in companys principal office 4297 97
13 Cash belonging to the company deposited
in National Park Bank New York 374
053 17 Chatham National Bank New
York 20650514 Seventh National
Bank New York 2500 National City
Bank Brooklyn 2500 Peoples Trust
Company Brooklyn 512426 total 594980 54
15 Interest due and accrued on stocks not included in mar
ket value uncollected 7660 00
17 Cash in hands of agents and in course of transmission 520517 05
18 All other assets both real and personal viz Rents due
and accrued 1451576 4515 76
Total assets of the company actual cash market value 5816560 30
LIABILITIES
2 Gross losses in process of adjustment or in
suspense including all reported and sup
posed losses 184945 83
3 Losses resisted including interest costs and
other expenses thereon 27075 00
4 Total gross amount of claims for losses 212020 83
6 Net amount of unpaid losses 212020 83
7 Gross premiums without any deduction re
ceived and receivable upon all unexpired
fire risks running one year or less from
date of policy 1796656 36
Unearned premiums fifty per cent as
per schedule 898328 18
8 Gross premiums without any deduction re
ceived and receivable upon all unexpired
fire risks running more than one year
from date of policy 413154193 Un
earned premiums 2041802 81
11 Total unearned premiums as computed above carried
out 294013099
17 Due and accrued for salaries rent advertising and for
agency and other miscellaneous expenses 2083 34
19 All other demands against the company absolute and con
tingent due and to become due admitted and contest
ed viz Commissions brokerage and other charges due
and to become due to agents and brokers on premiums
paid and in course of collection 8688301 return pre
miums 5017764 reinsurance 455598 total 141616 63128
COMPTROLLERGENERALS REPORT
20 Total amount of all liabilities except capital stock scrip
and net surplus 3295851 79
21 Joint stock capital actually paid up in cash 1000000 00
23 Surplus beyond capital and all other liabilities 1520708 51
24 Aggregate amount of all liabilities including capital paid
up and net surplus 5816560 30
1 Amount of unearned premiums represented
by installment notesbeing the whole
amount of such notes 134451 48
INCOME DURING THE YEAR
On Fire Risks
564939 18
564939 18
10
11
12
15
2997142
5731
09
17
160252 54
245
Vjo 04
Gross premiums and bills in course of col
lection at close of last previous year as
shown by that years statement
Net collected
Gross premiums on risks written and re
newed during the year as shown in risk
and premium exhibit 3611799 21
Total 4176738 39
Deduct premiums and bills in course of col
lection at this date 520 517 05
Entire premiums collected during the year 3656221 34
Deduct reinsurance and return premiums 659079 25
Net cash actually received for premiums
carried out 2997142 09
Received for interest on bonds and mortgages
Received for interests and dividends on stocks and bonds
collateral loans and from all other sources
Income received from all other sources omitting increase
if any in value of securities viz Rents 2455594
Aggregate amount of income actually received during
the year in cash 3187681 74
EXPENDITURES DURING THE YEAR
1 r On Fire Risks
1 Lxross amount actually paid for losses in
cluding 20025723 losses occurring in
previous years 1902224 27
2 Deduct all amounts actually received for
salvages whether on losses of the last or
of previous year 9138 92 and all
amounts actually received for reinsur
ances in other companies 17143598 to
tal deductions 180574 90
3 Net amount paid during the year for losses
4 Cash dividends actually paid stockholders
amount of stockholders dividends de
clared during the year
0 Paid for commissions or brokerage
7 Paid for salaries fees and other charges of officers clerks
agents and all other employes
8 Paid for state national and local taxes in this and other
slates
1721649 37 1721049 37
100
559
318
SI
000 00
380 03
510 88
717 46COMPTROLLERGENERALS REPORT
129
9 All other payments and expenditures viz Postage tele
grams express stationery traveling expenses print
ing advertising legal and all other expenses 340717 01
Aggregate amount of actual expenditures during the
year in cash 3121975 35
Business in the State of Georgia during the year ending Dec 31 1898
Fire marine and inland risks written 3133710 00
Premiums received gross
Losses paid
Losses incurred
BUSINESS IN GEORGIA FOR YEAR ENDING APRIL 30 1899
Risks
Premiums
Losses
Tax
47451 92
28727 50
28727 50
45185 64
25234 56
451 85
PHCENIX FIRE INSURANCE COMPANY OF HARTFORD CONN
ICAPITAL
1 Whole amount of capital stock 2000000 00
2 Amount paid up in cash 2000000 00
IIASSETS
1 Market value of real estate owned by the company less
the amount of incumbrances thereon
2 Loans on bond and mortgage duly recorded and being
first liens on the fee simple
3 Interest due on all said bond and mortgage loans 1
80466 interest accrued thereon 307761 total
4 Value of lands mortgaged exclusive of
buildings and perishable improvements 208240 00
5 Value of buildings mortgaged insured for
61700 00 as collateral 104900 00
6 Total value of said mortgaged prem
ises 313140 00
9 Total par and market value of stocks and bonds owned
absolutely by the company carried out at market val
11 Total par and market value of stocks bonds and all other
securities except mortgages hypothecated to the com
pany as collateral security for cash actually loaned by
the company and the amount loaned thereon
12 Cash in companys principal office 37780 30
13 Cash belonging to the company deposited in
bank Hartford National Bank 237
56194 Atlantic Trust Company N Y
5553351 Wells Fargo Cos Bank
San Francisco Cal 255033 295645 78
Total cash items
511307 14
124277 60
4882 27
1095073 00
20200 00
333426 08130
COMPTROLLERGENERALS REPORT
15 Interest due and accrued on stocks not included on mar
ket value unoollected
Interest due and accrued on collateral loans and uncol
lected and bank deposits
Cash in hands of agents and in course of transmission
All other assets both real and personal as per schedule
attached viz Rents due and accrued 308602 due
from other companies for reinsurance on losses already
paid 337110
16
17
23537 00
1470 00
390777 50
6457 12
Total assets of the company actual cash market val 5511407 71
IIILIABILITIES
1 Losses due and unpaid
2 Gross losses in process of adjustment or in
suspense including all reported and sup
posed losses
3 Losses resisted including interest costs and
other expenses thereon
4 Total gross amount of Claims for losses
5 Deduct reinsurance thereon
51343 80
249981 85
30501 48
331827 13
13123 21
6 Net amount of unpaid losses 318 793 93
7 Gross premiums without any deduction
received and receivable upon all unex
pired fire risks running one year or less
from date of policy 182671125 un
earned premiums fifty per cent 913355 63
8 Gross premiums without any deduction
received and receivable upon all unex
pired fire risks running more than one
year from date of policy 215483385
unearned premiums pro rata 1095590 28
11 Total unearned premiums as computed above
20 Total amount of all liabilities except capital stock
scrip and net surplus
21 Joint stock capital actually paid up in cash
23 Surplus beyond capital and all other liabilities
24 Aggregate amount of all liabilities including capitaT
paid up and net surplus 51 407 71
IVINCOME DURING THE YEAR
7 Entire premiums collected during the year 3099117 49
8 Deduct reinsuarnce and return premiums 385709 49
9 Net cash actually received for premiums 2713408 00
10 Received for interest on bonds and mortgages 6988 62
11 Received for interests and dividends on stocks and bonds
collateral loans and from all other sources 186 938 C3
12 Income received from all other sources omitting increase
if any in value of securities viz Rents 1088497 10884 97
15 Aggregate amount of income actually received dur
ing the year in cash 2118219 62
2008945 91
2327649 83
2000000 00
1183757 88COMPTROLLERGENERALS REPORT
131
V EXPENDITURES DURING TIIR YEAR
1 Gross amount actually paid for losses in
cluding 33645399 losses occurring in
previous years 1785561 52
2 Deduct all amounts actually received for
salvages whether on losses of the last or
previous year 861894 and all amounts
actually received for reinsurances in
other companies 5220263 total deduc
tions 60S2157
3 Net amount paid during the year for losses 1724739 95
4 Cash dividends actually paid stockholders amount of
stockholders dividends declared during the year
6 Paid for commissions or brokerage
7 Paid for salaries fees and other charges of officers clerks
agents and all other employes 193062 44
8 Paid for State national and local taxes in this and other
States
9 All other payments and expenditures viz General ex
penses total
280000 00
480164 82
75384 C4
326296 76
Aggregate amount of actual expenditures during the
year in cash 3079648 01
Business in the State of Georgia During the Year Ending December 31 1898
Fire marine and inland risks written 2836941 00
Premiums received gross 48552 34
Losses paid 37859 67
Losses incurred 42314 43
BUSINESS IN GEORGIA FOR YEAR ENDING APRIL 30 1899
Risks 3205680 00
Premiums 47070 52
Losses 33G77 89
Tax 47070
THE QUEEN FIRE INSURANCE CO OF AMERICA NEW YORK N Y
ICAPITAL
1 Whole amount of capital stock 500000 00
2 Amount paid up in cash 500000 00
IIASSETS
1 Market value of real estate owned by the company less
the amount of incumbrances thereon 721770 68
9 Total par and market value of stocks and bonds owned ab
solutely by the company carried out at market value 3494581 54
12 Cash in companys principal office 11799 32
13 Cash belonging to the company deposited in
bank 102803 45
Total cash items 114602 77132
COMPTROLLERGENERALS REPORT
15 Interest due and accrued on stocks not included in market
value uncollected
16 Interest due and accrued on bank balances
17 Cash in hands of agents and in course of transmission
18 Bills receivable not matured taken for fire risks
All other assets both real and personal as per schedule at
tached Az Rents due and accrued 359931 due from
other companies for reinsurance on losses already paid
Phenix Brooklyn 440
Total ns3ets of the company actual cash market value
43362 30
680 67
289560 61
223 50
3603 71
4668340 78
IIILIABILITIES
1 Lo3ses due and unpaid 57683 83
2 Gros3 losses in process of adjustment or in
suspense including all reported and sup
posed losses 91467 49
3 Losses resisted including interest costs and
oiher expenses thereon 37102 45
4 Total gross amount of claims for losses 186250 77
5 Deduct reinsurance thereon 7509 77
6 Net amount of unpaid losses 178741 0J
7 Gross premiums without any deduction re
ceived and receivable upon all unexpired
fire risks running one year or less from
date of policy 133001377 unearned
premiums fifty per cent 665006 87
8 Gross premiums without any deduction re
ceived and receivable upon all unexpired
fire risks running more than one year from
date of policy 168522581 unearned
premiums pro rata 867722 15
11 Total unearned premiums as computed above 1532729 02
17 Due and accrued for salaries rent advertising and for
agency and other miscellaneous expenses 16893 09
19 All other demands against the company absolute and con
tingent due and to become due admitted and contested
viz State city county or other taxes and assessments
2593855 commissions due and to become due 72
225 20 return premiums 1375246 reinsurance 4
58150 Total 116497 71
20 Total amount of all liabilities except capital stock scrip
and net surplus 1844363 82
21 Joint stock capital actually paid up in cash 500000 00
23 Surplus beyond capital and all other liabilities 2323974 96
24 Aggregate amount of all liabilities including
capital paid up and net surplus 4668340 78COMPTROLLERGENERALS REPORT
133
IV INCOME DURING THE YEAH
Ou Fire Risks
1 Gross premiums and bills in course of col
lection at close of last previous year as
shown by that years statement 327151 40
2 Add amount collected in 1898 previously
written off69 58
3 Net collected 327220 98
4 Gross premiums written and renewed during
the year 2363901 85
5 Total 2691122 83
6 Deduct premiums and bills in course of col
lection at this date 295209 75
7 Entire premiums collected during the year 2395913 08
8 Deduct reinsurance and return premiums 527026 85
9 Net cash actually received for premiums 1868886 23
11 Received for interests and dividends on stocks and bonds
collateral loans and from all other sources 122824 43
12 Income received from all other sources omitting increase
if any in value of securities viz Kents 8224 30
15 Aggregate amount tf incjme aotu illy received during
the year in cash 1999934 96
VEXPENDITURES DURING THE TEAR
1 Gross amount actually paid for loes in Oa Fire Risk
eluding 14466343 losses occuring in pre
vious years 1203247 56
2 Deduct all amounts actually receive 1 for sal
vages whether on losses of the last or of
previous year 2851566 and all amounts
actually received for reinsurances in other
companies 8415881 total deductions 112674 47
Net amount paid during the year for losses 1090573 09
4 Cash dividends actually paid stockholders amount of stock
holders dividends declared during the year 100000 100000 00
6 Paid for commissions or brokerage 309741 18
7 Paid for salaries fees and other charges of officers clerks
agents and all other employes 187158 89
S Paid for State national and local taxes in this and other
States 51849 71
9 All other payments and expenditures viz Rents 18
12235 advertising printing and stationery 2174811
legal 122762 furniture and fixtures 27347 miscel
laneous 7818018 Total 119551 73
Aggregate amount of actual expenditures during the
year in caidi 1858874 60134
COMPTROLLERGENERALS REPORT
Business in the State of Georgia during the year ending December 31 1S9S
Fire Risks
Fire marine and inland risks written 2360911 00
Premiums received gross 35642 55
Losses paid 30968 47
Losses incurred 30883 47
BUSINESS IN GEOBGIA FOR YEAH ENDING APRIL 30 1899
Eks 2671419 00
Premiums 36173 44
Losses 15346 73
Tax 361 73
THE ROCHESTER GERMAN FIRE INSURANCE COMPANY
ROCHESTER N Y
OF
ICAPITAL
1 Whole amount of capital stock 200000 00
2 Amount paid up in cash 200000 00
IIASSETS
1 Market value of real estate owned by the company less
the amount of incumbrances thereon 204040 49
2 Loans on bond and mortgage duly recorded and being
first liens on the fee simple 39Q 267 50
3 Interest due on all said bond and mortgage loans
177350 interest accrued thereon 683807 total 8611 57
4 Value of lands mortgaged exclusive of
buildings and perishable improvements 447640 00
5 Value of buildings mortgaged insured
for 37442500 as collateral 530050 00
6 Total value of said mortgaged
premises carried inside 977690 00
9 Total par and market value of stocks and bonds owned
absolutely by the company carried out at market value 326675 00
12 Cash in companys principal office 649 54
13 Cash belonging to the company deposited in
bank GermanAmerican Bank 94176 29
30000 of this amount on special deposit at
4 per cent
Total 94825 83
15 Interest due and accrued on stocks not included in mar
ket value uncollected 3 74 73
17 Cash in hands of agents and in course of transmission 60860 81
Total assets of the company actual cash market
value 1095022 93COMPTROLLERGENERALS REPORT
135
IIILIABILITIES
1 Losses due and unpaid
2 Gross losses in process of adjustment or in
suspense including all reported and sup
posed losses
3 Losses resisted including interest costs and
other expenses thereon
4 Total gross amount of claims for losses
7 Gross premiums without any deduction
received and receivable upon all unex
pired Are risks running one year or less
from date of policy 24170854 un
earned premiums fifty per cent
8 Gross premiums without any deduction
received and receivable upon all unex
pired fire risks running more than one
year from date of policy 33001815 un
earned premiums pro rata
458 20
9553 65
300 00
13311 85
120854 27
180859 93
11 Total unearned premiums as computed above carried out
19 All other demands against the company absolute and
contingent due and to become due admitted and con
tested viz Commissions etc due agents
301714 20
13290 98
Total
328317 03
21 Joint stock actually paid up in cash 200000 00
23 Surplus beyond capital and all other liabilities566705 90
24 Aggregate amount of all liabilities including capital paid
up and net surplus 1095022 93
IVINCOME DURING THE YEAR
Oa Fire Risks
1 Gross premiums and bills in course of col
lection at close of last previous year as
shown by that years statement46506 44
3 Net collected 4650G 44
4 Gross premiums on risks written and re
newed during the year 457231 49
Total 503737 93
Deduct premiums and bills in course of col
lection at this date 60860 81
Entire premiums collected during the year 442877 12
Deduct reinsurance and return premiums 137991 28
9 Net cash actually received for premiums carried out
10 Received for interest on bonds and mortgages
11 Received for interests and dividends on stocks and bonds
collateral loans and from all other sources
12 Income received from all other sources omitting increase
if any in value of securities viz Rents 945350
discount 74933 suspense account 45844
total
304885 84
18917 39
14580 69
10661 2T
15 Aggregate amount of income actually received during the
year in cash
349045 19136
COMPTROLLERGENERALS REPORT
EXPENDITURES DURING THE YEAR
On Fire Risks
1 Gross amount actually paid for losses in
cluding 20 10930 losses occurring in pre
vious years
2 Deduct all amounts actually received for
salvages whether on losses of the last or
of previous year 30193 and all
amounts actually received for reinsur
ances in other companies 3154588
177620 50
total deductions
31847 81
3 Net amount paid during the year for losses
4 Cash dividends actually paid stockholders amount of
stockholders dividends declared during the year
6 Paid for commissions or brokerage
7 Paid for salaries fees and other charges of officers clerks
agents and all other employes
Paid for State national and local taxes in this and other
States
All other payments and expenditures viz Expense ac
count 3328665 printing and stationery 266117
profit and loss account 35004 total
Aggregate amount of actual expenditures during the
year in cash
8
145772 69
20000 00
57046 60
32845 73
16363 32
36297 86
308326 20
Business in the State of Georgia during the year ending Dec 31 1898
Fire Risks
669693 00
11205 96
1847 87
1847 87
Fire marine and inland risks written
Premiums received gross
Losses paid
Losses incurred
BUSINESS IN GEORGIA FOR YEAR ENDING APRIL 30 1899
Risks
Premiums
Losses
Tax
1016292 00
16438 60
3417 61
164 39
THE UNITED STATES BRANCH OF THE ROYAL FIRE INSURANCE
COMPANY OF LIVERPOOL ENGLAND
IIAfSETS
1 Market value of real estate owned by the company less the
amount of incumbrances thereon
2 Loans on bond and mortgage duly recorded and being first
liens on the fee simple
3 Interest due on all said bond and mortgage loans
Interest accrued thereon 141083 total
4 Value of lands mortgaged exclusive of
buildings and perishable improvements c A
5 Value of buildings mortgaged insured for l 000 00
ei700000 as collateral
2143090 05
256000 00
1410 83COMPTROLLERGENERALS REPORT
137
6 Total value of said mortgaged buildings carried inside
9 Total par and market value of stocks and bonds owned ab
solutely by the company carried out at market value
12 Cash in companys principal office
13 Cash belonging to the company deposited in banks and
trust companies and in hands of branches
15 Interest due and accrued on stocks not included in market
value uncollected
17 Cash in hands of agents and in course of transmission
All other assets both real and personal viz Rents due
and accrued 1363898 Due from other companies for
reinsurance on losses already paid foS39 amount
receivable under perpetual policies 136544 all other
items 80578 total
Total assets of the company actual cash market
value
IIILIABILITIES
1 Losses due and unpaid 21891 55
2 Gross losses in process of adjustment or in
suspense including all reported and sup
posed losses
3 Losses resisted including interest costs and
other expenses thereon
4 Total gross amount of claims for losses
5 Deduct reinsurance thereon
6 Net amount of unpaid losses
7 Gross premiums without any deduction re
ceived and receivabe upon all unexpired
fire risks running one year or less from
date of policy 282690325 unearned
premiums fifty per cent
8 Gross premiums without any deduction re
ceived and receivable upon all unexpired
fire risks running more than one year from
date of policy 440323929 unearned
premiums pro rata 228376 99
11 Total unearned premiums as computed above carried out
11a Amount reclaimable by the assured on perpetual fire in
surance policies being 90 and 95 per cent of the premium
or deposit received
12 Net premiums rtserve and all other liabilities except capi
tal under the life insurance or any other special depart
ment
17 Due and accrupd for talaries rent taxes advertising and
for agency and other miscellaneous expenses
19 All other demands against the company absolute and con
tingent due and to become due admitted and contested
viz Commissions 8057162 return premiums 19
55989 rtinsurance 146559 96 total
558196 82
52974 99
633063 36
112284 39
445000 00
3810726 33
9307 96
256491 91
44037 49
635036 90
1413451 62
15868 59
7171970 06
520778 97
3697219 61
225409 70
120955 74
46788 04
246691 47138
COMPTROLLERGENERALS REPORT
20 Total amount of all liabilities except net surplus 4857843 53
23 Surplus beyond all other liabilities 2314126 53
24 Aggregate amount of all liabilities including net surplus 7171970 06
IVINCOME DURING THE YEAR
Q Fipe Risks
J Gross premiums and bills in course of col
lection at close of last previous year as
shown by that years statement 792869 44
2 Deduct amount cf same not collected 2316 88
3 Net collected 790552 56
4 Gross premiums on lisks written and renewed
during the year 5634756 74
5 Total 6425309 30
6 Deduct premiums and bills in course of col
lection at this date 659662 51
7 Entire premiums collected during the year 5765646 79
8 Deduct reinsurance and return premiums 1496656 23
9 Net cash actually received for premiums carried out 4268990 56
10 Received for interf st on bonds and mortgages 11482 03
11 Received for interests and dividends on stocks and bonds
collateral loans and from all other sources 165418 27
12 Income received from all other sources omitting increase
if any in value of securities viz Rents 572S3 80 57283 80
14 American branches of foreign companies will please report
amount of remittances from home office during the
year 12458917
15 Aggregate amount of income actually received during the
year in cash 4503174 66
VEXPENDITURES DURING THE YEAR
0 Fiie Risks
1 Gross amount actually paid for losses includ
ing 44008927 losses occurring in previous
yearp 2934042 64
2 Deduct all amounts actually received for sal
vages whether on losses of the last or of
previous year 5595885 and all amounts
actually received for reinsurances in other
companies 29900121 total deductions 354960 06
3 Net amount paid during the year for losses 2579082 58
6 Paid for commissions or brokerage 757 900 49
7 Paid for salaries fees and other charges of officers clerks
agents and all other employts 349440 48
K Paid lor State national and local taxes in this and other
States 233 Q3o q
9 All other payments and expenditures viz Rents print
ing stationery advertising traveling legal and all other
ex penses 289 279 78
10 Americen branches of foreign companies will please report
amount sent to home offices during the year 57193262
Aggregate amount of actual expenditures during the
year m cash 4108770 03COMPTROLLERGENERALS REPORT
139
Business in the Stale of Georgia during the year ending Dec 31 1898
Fire Risks
Fire marine and inland risks written 5744534 49
Premiums received gross 58749 32
Losses paid 75561 04
Losses incurred 71206 04
BUSINESS IN GEORGIA FOR YEAR ENDING APRL 30 1899
Risks 5765885 63
Premiums 57178 08
Losses 49223 63
Tax 571 78
SCOTTISH UNION NATIONAL FIRE INSURANCE COMPANY
EDINBURGH SCOTLAND
OF
CAPITAL
1 Whole amount of capital stock 30000000 00
2 Amount paid up in cash 1500000 00
1 Market value of real estate owned by the company less
the amount of incumbrances thereon 157798 11
2 Loans on bond and mortgage duly recorded and being
first liens on the fee simple 1364574 75
3 Interest due on all said bond and mortgage loans 10
98676 interest accrued thereon 1025557 total 21242 33
4 Value of lands mortgaged exclusive of
buildings and perishable improvements 1334892 00
5 Value of buildings mortgaged insured for
133455000 as collateral 1808650 00
6 Total value of said mortgaged premises
carried inside 3143542 00
V Total par and market value of stocks and bonds owned
absolutely by the company carried out at market value 1972093 45
12 Cash in companys principal office 7715 54
13 Cash belonging to the company deposited
in National Exchange Bank Hartford
Conn 22300607 Imperial Bank of Can
ada Toronto Ont 8508776 First Na
tional Bank of Albuquerque N M
500000 San Miquel National Bank of
Las Vegas N M 500000 First Na
tional Bank of San Francisco 697865
Cuyahoga Building Loan Co Cleve
land Ohio 500000 Lake Shore Savings
Bank Co Cleveland Ohio 500000
Union Building Loan Co Cleveland
Ohio 1000000 total 345072 48
15 Interest due and accrued on stocks not included in mar
ket value uncollected 19561 69140
COMPTROLLERGENERALS REPORT
16 Interest due and accrued on collateral loans and uncol
lected and other securities 595 61
17 Cash in hands of agents and in course of transmission 308673 07
Total assets of the company actual cash market value 4200127 03
304572 73
26241 67
374867 55
40253 86
11
17
19
20
23
24
IIILIABILITIES
Losses due and unpaid 44053 15
Gross losses in process of adjustment or in
suspense including all reported and sup
posed losses
Losses resisted including interest costs
and other expenses thereon
Total gross amount of claims for losses
Deduct reinsurance thereon
Net amount of unpaid losses 334613 6i
Gross premiums without any deduction re
ceived and receivable upon all unexpired
fire risks running one year or less from
date of policy 1666103 96
Unearned premiums fifty per cent as
per schedule 833051 98
Gross premiums without any deduction re
ceived and receivable upon all unexpired
fire risks running more than one year
from date of policy 184823133 Un
earned premiums 1014794 92
Total unearned premiums as computed above carried
out
Due and accrued for salaries rent advertising and for
agency and other miscellaneous expenses
All other demands against the company absolute and
contingent due and to become due admitted and con
tested viz Commissions brokerage and other
charges due and to become due to agents and brokers
on premiums paid and in course of collection
Total amount of all liabilities except capital stock
scrip and net surplus 2213885
1847846 90
2000 00
29426 00
59
Surplus beyond capital and all other liabilities 1986240 44
Aggregate amount of all liabilities including capital paid
up and net surplus 4 200 127 03
IVINCOME DURING THE YEAR
On Fire Risks
1 Gross premiums and bills in course of col
lection at close of last previous year as
shown by that years statement 138435 68
Net collected 138435 68
4 Gross premiums on risks written and re
newed during the year as shown in risk
and premium exhibit 3154301 63
5 Total 3292737 31
6 Deduct premiums and bills in course of col
lection at this date 147134 00COMPTROLLERGENERALS REPORT
141
7 Entire premiums collected luring the year 3145603 31
8 Deduct reinsurance and return premiums 868919 30
9 Net cash actually received for premiums
carried out 2276684 01 2276684 01
10 Received for interest on bonds and mortgages 74475 IS
11 Received for interests and dividends on stocks and bonds
collateral loans and from all other sources 76259 46
12 Income received from all other sources omitting increase
if any in value of securities viz Rents 97124 971 24
Total 2428389 89
14 American branches of foreign companies
will please report amount of remittances
from home office during the year 13087 04
15 Aggregate amount of income actually received during the
year in cash 2428389 8
VEXPENDITURES DURING THE YEAR
On Fire Eisks
1 Gross amount actually paid for losses in
cluding 25360435 losses occurring in
previous years 1631762 67
2 Deduct all amounts actually received for
salvages whether on losses of the last or
of previous year 2924910 and all
amounts actually received for reinsur
ances in other companies 18391003 to
tal deductions 213159 13
3 Net amount paid during the year for losses 1418603 54 1418 603 54
6 Paid for commissions or brokerage 525309 48
7 Paid for salaries fees and other charges of officers clerks
agents and all other employes 116053 83
8 Paid for state national and local taxes in this and other
states 61925 2a
9 All other payments and expenditures viz General and
agency expenses 140794 34
10 American branches of foreign companies will please re
port amount sent to home offices during the year 109
99929
Aggregate amount of actual expenditures during the
year in cash 2262686 39
Business in the State of Georgia during the year ending Dec 31 1898
Fire marine and inland risks written 2049571 00
Premiums received gross 35967 13
Losses paid 38967 25
Losses incurred 42741 45
BUSINESS IN GEORGIA FOR YEAR ENDING APRIL 30 1899
Risks 226748000
Premiums 34603 97
Losses 3522251
Tax 34603142
COMPTROLLERGENERALS REPORT
THE SOUTHERN MUTUAL FIRE INSURANCE CO OF ATHENS GA
IIASSETS
1 Market value of real estate owned by the company less the
amount of incumbranees thereon 20000 00
9 Total par and market value of bonds and stocks owned
absolutely bythe company carried out at market value 924050 00
13 Cash belonging to the company deposited in bank Bank of
the University 17691 70
17 Cash in hands of agents and in course of transmission 5488 65
Total assets of the company actual cash market value
967230 35
IIILIABILITIES
2 Gross losses in process of adjustment or in sus
pense including all reported and supposed
losses 6412 44
3 Losses resisted including interest costs and
other expenses thereon 1200 00
6 Net amount of unpaid losses 7612 44
7 Gross premiums without any deduction re
ceived and receivable upon all unexpired
fire risks running one year or less from date
of policy 27514341 Unearned premiums
fifty per cent 137571 71
11 Total unearned premiums as computed
above carried out 137571 71
20 Total amount of all liabilities except
capital stock scrip and net surplus 145184 14
22 Scrip outstanding 112920 95
23 Surplus beyond capital and all other liabilities 709125 26
24 Aggregate amount of all liabilities in
cluding capital paid up and net sur
plus 967230 35
IVINCOME DURING THE YEAR
On Fire Risks
7 Entire premiums collected during the year 280303 07
8 Deduct return premiums 5159 66
9 Net cash actually received for premiums 275143 41
11 Received for interests and dividends on stocks and bonds col
lateral loans and from all other sources 42595 00
12 Income received from all other sources omitting increase if
any in value of securities viz Profit and loss Ill 50
115 Aggregate amount of income actually received during the
year in cash 317849 91COMPTROLLERGENERALS REPORT 143
V EXPENDITURES TURING THE YEAR
On Fire Risks
1 Gross amount actually paid for losses 85766 79
5 Scrip or certificates of profit redeemed and interest paid to
scripholders 162999 19
6 Paid for commissions or brokerage 41270 13
7 Paid for salaries fees and other charges of officers clerks
agents and all other employes 13735 00
8 Paid for State national and local taxes in this and other States 7553 86
9 All other payments and expenditures viz Expense ac
count 2628 78
Aggregate amount of actual expenditures during theyear in
cash 313953 75
Euiinesi in the State of Georgia during the year endingDember 31 1898
Fire marine and inland risks written 25620721 00
Premiums received gross 275143 41
Losses paid 85766 79
Losses incurred 82105 37
BUSINESS IN GEORIGA FOR TEAR 1899 ENDING APRIL 30 1899
Eiks 25462166 00
Premiums 271926 89
Losses 55267 20
Tax 2719 26
THE SPRINGFIELD FIRE AND MARINE INSURANCE COMPANY
OF SPRINGFIELD MASS
ICAPITAL
1 Whole amount of capital stock 1500000 00
2 Amount paid up in cash 1500000 00
IIASSETS
1 Market value of real estate owned by the company less
the amount of incumbrances thereon 131000 00
2 Loans on bond and mortgage duly recorded and being
first liens on the fee simple 752790 00
3 Interest due on all said bond and mortgage loans 2050
interest accrued thereon 1841645 total 20466 45
4 Value of lands mortgaged exclusive of
buildings and perishable improvements 535675 00
5 Value of buildings mortgaged insured for
86760000 as collateral 918100 00
6 Total value of said mortgaged premi
ses carried inside 1453775 00
9 Total par and market value of stocks and bonds owned
absolutely by the company carried out at market value 331816500
10 Amount of stocks bonds and other securities except
mortgages hypothecated to the company as collateral
security for cash actually loaned by the company with
the par and market value of the same and the amount
loaned thereon 84275 00144
COMPTROLLERGENERALS REPORT
12 Cash in companys principal office 20179 99
13 Cash belonging to the company deposited in bank
John Hancock National Springfield 2478721 Agavvam
National Springfield 3442030 Third NationalSpring
field 6005883 total 119266 34
15 Interest due and accrued on stocks not included in mar
ket value uncollected 29673 72
16 Interest due and accrued on collateral loans and uncol
lected 2137 20
17 Cash in hands of agents and in course of transmission 288571 83
All other assets both real and personal viz Rents due
and accrued 98817 due from other companies for re
insurance on losses already paid Home 1763 Nor
wich Union 186 Munich 712520 8132 86
Total assets of the company actual cash market
value 4774658 39
IIILIABILITIES
1 Losses due and unpaid 29774 11
2 Gross losses in process of adjustment or in
suspense including all reported and sup
posed losses 156567 60
3 Losses resisted including interest costs and
other expenses thereon 12187 31
4 Total gross amount of claims for losses 198529 02
5 Deduct reinsurance thereon 27911 11
6 Net amount of unpaid losses 170617 91
7 Gross premiums without any deduction re
ceived and receivable upon all unexpired
fire risks running one year or less from
date of policy 119554575 unearned
premiums fifty per cent 597772 87
8 Gross premiums without any deduction re
ceived and receivable upon all unexpired
fire risks running more than one year
from date of policy 160393131 un
earned premiums pro rata 851983 84
11 Total unearned premiums as computed above carried out 1449756 71
19 All other demands against the company absolute and con
tingent due and to become due admitted and con
tested 57714 37
Total I678d88 99
21 Joint stock capital actually paid up in cash 1500000 00
23 Surplus beyond capital and all other liabilities 1596569 40
24 Aggregate amount of all liabilities including capital paid
up and net surplus 4774658 39
IVINCOME DURING THE YEAR
On Fire Risks
1 Gross premiums and bills in course of col
lection at close of last previous year as
shown by that years statement 317262 82COMPTROLLERGENERALS REPORT
145
Deduct amount of same not collected 1225 47
Net collected 316037 35
Gross premiums on risks written and re
newed during the year 2178027 34
Total 2494064 69
Deduct premiums and bills in course of col
lection at this date 288571 83
Entire premiums collected during the year 2205492 86
Deduct reinsurance and return premiums 420273 70
10
11
12
15
Net cash actually received for premiums carried out 1785219 Iff
Received for interest on bonds and mortgages 37134 95
Received for interests and dividends on stocks and bonds
collateral loans and from all other sources 143354 75
Income received from all other sources omitting increase
if any in value of securities viz Rents 479402 total 4794 02
Aggregate amount of income actually received during the
year in cash 1970502 8S
VEXPEDNITURES DURING THE YEAK
On Fire Risks
1 Gross amount paid for losses including
13263355 losses occurring in previous
years 1020488 04
2 Deduct all amounts actually received for
salvages whether on losses of the last or
prerious year and all amounts
actually received for reinsurance in other
companies 8581788 total deductions 85817 88
3 Net amount paid during the year for losses 934670 16
4 Cash dividends actually paid stockholders amount of
stockholders dividends declared during the year 150000 00
6 Paid for commissions or brokerage 338928 68
7 Paid for salaries fees and other charges of officers clerks
agents and all other employes 107894 17
8 Paid for State national and local taxes in this and other
States 78867 32
9 All other payments and expenditures viz Office and
agency incidental legal traveling and all other ex
penses total 217300 74
Aggregate amount of actual expenditures during the
year in cash 1827661 07
Business in the State of Georgia during the year ending Dec 31 1898
Fire Risks
Fire risks written 880663 X
Premiums received gross 11966 24
Losses paid 15908 08
Losses incurred 16283 4814G
COMPTROLLERGENERALS REPORT
BUSINESS IN GEORGIA FOR YEAR ENDING APRIL 30 1899
Risks 1072611 00
Premiums 1150 3L
Losses 15113 88
Tax 115 00
THE ST PAUL FIRE AND MARINE INSURANCE COMPANY
OF ST PAUL MINN
ICAPITAL
1 Whole amount of capital stock 100000000
2 Amount paid up in cash 500000 00
IIASSETS
1 Value of real estate owned by the company less if
the amount of incumbrances thereon 599532 26
2 Loans on bond and mortgage duly recorded and being first
liens on the fee simple 410353 20
3 Interest due on all said bond and mortgage loans 8
37085 interest accrued thereon 932848 total
4 Value of lands mortgaged exclusive of
buildings and perishable improvements 288S65 00
5 Value of the building mortgaged insured
for 40221080 as collateral 557450 00
Total value of said mortgaged premises car
ried inside 846315 00
9 Total par and market value of all stocks and bonds owned
absolutely by the company carried but at market value 999067 66
10 Amount of stocks bonds and all other securities except
mortgages hypothecated to the company as collateral
security for cash actually loaned by the company with
the par and market value of the same and amount
loaned thereon 142036 00
12 Cash in companys principal office 15034 74
13 Cash belonging to the company deposited in bank Metro
politan National Bank St Paul 10113205 First Na
tional Bank St Paul 812860 St Paul National Bank
1661686 Total 125877 51
17 Cash in hands of agents and in course of transmission 205249 64
18 Bills receivable not matured taken for fire marine and
inland risks 26816 71
Total assets of the company cash market value 2523987 72
IIILIABILITIES
1 Losses not due and unpaid 71116 66
2 Gross losses in process of adjustment or in
suspense including all reported and sup
posed losses 1385S2 67
3 Losses resisted including interest cost and
other expenses thereon 6225 COCOMPTROLLERGENERALS REPORT
147
4 Total gross amount of claims for losses 215924 33
5 Deduct reinsurance thsreon 25290 75
6 Net amount of unpaid losses 190633 58
7 Gross premiums without any deduction re
ceived and receivable upon all uaexpired
fire risks running one year or less from
dtte of policy 72130890 unearned
premiums fifty per cent 360654 45
8 Gross premiums without any deduction re
ceived and receivable upon all unexpired
fire risks running more than one year from
date of policy 108538020 unearned
premiums pro rata 582848 61
9 Gros premiums without any deduction in
cluding both Crish and bills received and
receivable upon all unexpired inland nav
igation and marine risks 14580963 un
earned premiums fifty per cent 72904 81
11 Total unearned premiums as computed above carried oui 1016407 87
19 All otner demands against the company absolute and con
tingent due and to become due admitted and contested
viz Commissions due 13 agents on premiums paid 32057 49
20 Total amount of all liabilities except capital stock
scrip and net surplus 1239098 94
21 Joint stock capital actually paid up in cash 500000 00
23 Surplus beyond capital and all other liabilities 784888 78
24 Aggregate amount of all liabilities including capital
paid up and net surplus 2523987 72
IVINCOME DURING THE YEAR
On On Marine and
Fire Risks Iul ind Risks
1 Gross premiums and bills un
paid at close of last year as
shown by that years state
ment 176220 49 27500 68
4 Gross premiums on risks writ
ten and renewed during
year as shown in exhibit
item 2 page 1 1830922 44 399825 27
5 Totals 2007142 93 427325 95
6 Deduct premiums and bills
in course of collection at
this date 205249 lit 26816 71
7 Entire premiums col lee t ed
during the year 1801893 29 400509 24
8 Deduct reinsurance and re
turn premiums 314029 17 105744 37
9 Net cash actually received for
premiums carried out 1487834 12 294764 871782628 99148
COMPTROLLERGENERALS REPORT
10 Received for interest on bonds and mortgages
11 Received for interests and dividends on stocks and bonds
collateral loans and from all other sources
12 Income received from all other sources omitting increase
if any in value of securities viz Rents
15 Aggregate amount of income actually received during the
year in cash
EXPENDITURES DURING THE YEAR
23851 97
57500 71
13051 77
1877033 41
Or Fire Risks
1 Gross amount actually paid for
losses including 15404930
losses occurring in previous
years 896270 09
2 Deduct all amounts actually re
ceived for salvagesvhether
on losses of the last or pre
vious years 982830 and
all amounts actually re
ceived for leinsurance in
other companies 16780999
Total deductions 103314 55
On Mar tie and
Inland Kiks
304460 26
74323 74
3 Net amount paid during the
year for losses 792956 14 230136 521023092 66
4 Cash dividends actually paid stockholders amount of
stockholdersdividends declared during the year
6 Paid for commissions or brokerage
7 Paid for salaries fees and all other charges of officers
clerk agents and all other employees
5 Paid for state national and local taxs in this and other
states
All other payments and expenditures viz Postage 7
60660 internal revenue 470844 general operating
expenses 11175697 Total
50000 00
332402 10
79314 20
46126 97
124132 01
Aggregate amount of actual expenditures during the year
in cash
Business in the State of Georgia during the Year ending Decembe
Fire Riks
Fire marine and Inland risks
taken 1974816 00
Premiums received 22068 88
Losses paid 19432 08
Losses incurred 21439 84
Marine and
Inland Risss
4000 CO
17 55
1655067 94
31 1898
Aggregate
1978816 00
22083 93
19432 OS
21439 84
BU8INK88 IN GEORGIA FOR YEAR ENDING APKIX 30 1899
Risks
Premiums
Losses
Tax
2017148 00
27164 24
22290 37
271 64COMPTROLLERGENERALS REPORT
149
U S BRANCH SUN FIRE INSURANCE OFFICE OF LONDON ENG
LAND
1
12
13
15
17
IIASSETS
Market value of real estate owned by the company less
the amount of incumbrances thereon
Loans on bond and mortgage duly recorded and being
first liens on the fee simple
Interest due on all said bond and mortgage loans
interest accrued thereon 1850 83 total
Value of lands mortgaged exclusive of
buildings and perishable improvements 143000 00
Value of buildings mortgaged insured for
127000 as collateral 152000 00
Total value of said mortgaged premises
carried inside 295000 00
Total par and market value of stocks and
bonds owned absolutely by the company
carried out at market value
Cash in companys principal office
Cash belonging to the company deposited
in Merchants National Bank 102
67428 Western National Bank 66
449 80 Mercantile Trust Co 182877
total
Interest due and accrued on stocks not included in mar
ket value uncollected
Cash in hands of agents and in course of transmission
All other assets both real and personal viz Rents
due and accrued 142917 total
Total assets of the company actual cash market value
250000 00
188r00 0U
1850 83
1814265 00
472 51
170052 85
23137 12
274864 19
1429 17
2724971 67
IIILIABILITIES
18996 43
186021 55
10400 00
215417 98
8667 93
Losses due and unpaid
Gross losses in process of adjustment or in
suspense including all reported and sup
posed losses
Losses resisted including interest costs
and other expenses thereon
Total gross amount of claims for losses
Deduct reinsurance thereon
Net amount of unpaid losses 206750 00
Gross premiums without any deduction re
ceived and receivable upon all unexpired
fire risks running one year or less from
date of policy 961523 12
Unearned premiums fifty per cent480 761 56
Gross premiums without any deduction re
ceived and receivable upon all unexpired
fire risks running more than one year
from date of policy 164811927 Un
earned premiums 893544 5150
COMPTROLLERGENERALS REPORT
1374306 08
1316 67
66962 23
11 Total unearned premiums as computed above carried
out
17 Due and accrued for salaries rent advertising and for
agency and other miscellaneous expenses
19 All other demands against the company absolute and
contingent due and to become due admitted and con
tested viz State city county or other taxes and as
sessments 299233 commissions brokerage and other
charges due and to become due to agents and brokers
on premiums paid and in course of collection 55
21284 reinsurance 875706 total
20 Total amount of all liabilities except capital stock scrip
and net surplus 1649334 98
23 Surplus beyond capital and all other liabilities 1075636 69
24 Aggregate amount of all liabilities including capital paid
up and net surplus 2 724 971 67
IVINCOME DURING THE YEAR
n Oa Fire Risks
1 Oross premiums and bills in course of col
lection at close of last previous year as
shown by that years statement 328520 44
3 Net collected 32g 520 44
4 Gross premiums on risks written and re
newed during the year as shown in risk
and premium exhibit 1954133 00
Total 2282053 44
Deduct premiums and bills in course of
collection at this date
Entire premiums collected during the year
Deduct reinsurance and return premiums
Net cash actually received for premiums carried out 1579258 15
Received for interest on bonds and mortgages 9080 00
Received for interests and dividends on stocks and bonds
collateral loans and from all other sources
Income received from all other sources omitting increase
if any in value of securities viz Rents 1004240
5
6
7
8
9
10
11
12
279651 64
2003001 80
423743 65
79882 88
total
15
Aggregate amount of income actually received during the
year in cash
VEXPENDITURES DURING THE TEAR
On Fire Risks
10
1678
042 40
263 43
1 Gross amount actually paid for losses in
cluding 14844025 losses occurring in
previous years
2 Deduct all amounts actually received for
salvages whether on losses of the last
or of previous year 1186269 and all
amounts actually received for reinsur
ances in other companies 2129552 to
tal deductions
3 Net amount paid during the year for losses
937S00 65
33158 21
904642 44COMPTROLLERGENERALS REPORT
151
of officers
6 Paid for commissions or brokerage
7 Paid for salaries fees and other charges
clerks agents and all other employes
8 Paid for state national and local taxes in this and other
states
9 All other payments and expenditures viz General and
agency expenses postage and exchange stationery and
printing advertising maps and internal revenue
10 American branches of foreign companies
will please report amount sent to home
offices during the year 160844 28
Aggregate amount of actual expenditures during the
year in cash
Business in the State of Georgia during the year ending Dec
Fire marine and inland risks written
Premiums received gross
Losses paid
Losses incurred
342594 10
96544 10
41127 24
121103 06
1506010 94
31 1898
1419396 0f
18997 81
11035 66
17549 93
BUSINESS IN GEORGIA FOE YEAR ENDING APRIL 301899
Risks
Premiums
Losses
Tax
1411192 03
16780 75
5567 17
167 81
THE SUN INSURANCE COMPANY OF NEW ORLEANS LA
ICAPITAL
1Whole amount of joint stock or guaranteed capital author
ed 500000 00
2 Whole amount of capital actually paid up in cash 500000 00
IIASSETS
1 Value of real estate owned by the company 42500 00
9 Total par and market value of stocks and bonds owned
absolutely by the company carried out at market value 976028 00
12 Cash in the companys principal office 188 97
13 Cash belonging to the company deposited
National City Bank of New York City 4161 95
Royal Trust Co of Chicago 111 8530 94
Canal Bank of New Orleans La 17316 96
New Orleans National Bank of New Or
leans La 1H2 70
Whitney National Bank of New Orleans
La 600 00
Hibernia National Bank of New Orleans 400 00
Citizens Bank of Louisiana New Orleans 400 00
Louisiana National Bank of New Orleans 200 00
Provident Savings Bank New Orleans 3176 67
Total 46699 22152
COMPTROLLERGENERALS REPORT
16 Gross premiums in course of collection on policies writ
ten within three months
Gross amount of all the assets of the company
20 Amount of premiums unpaid on policies
which have been issued more than three
months 4685 94
Aggregate amount of all the assets of the company
stated at their actual value
65944 05
1133180 24
1133180 24
IIILIABILITIES
1 Gross claims for adjusted and unpaid losses
due and to become due 20913 00
2 Gross losses in process of adjustment or in
suspense including all reported and sup
posed losses 28743 50
3 Losses resisted including interest costs
and other expenses thereon 6497 00
4 Total gross amount of claims for losses 56153 53
5 Deduct reinsurance thereon 16589 50
6 Net amount of unpaid losses 39 504 00
7 Gross premiums received and receivable
upon all unexpired fire risks running
one year or less from date of policy in
cluding interest premiums on perpetual
Are risks 28550180 unearned premi
urns fifty per cent 142750 90
8 Gross premiums received and receivable
upon all unexpired fire risks running
more than one year from date of policy
11938443 unearned premiums 68241 39
Total unearned premiums as computed above carried
out
Cash dividends to stockholders remaining unpaid
All other demands against the company absolute and
contingent due and to become due admitted and con
tested viz commissions brokerage and othercharges
due and to become due to agents and brokers on pre
miums paid in course of collection 517990 return
premiums 332212 reinsurance 230843 total 10810 45
Total amount of all liabilities except capital stock and
net surplus 274409 24
Jointstock capital actually paid up in cash 500000 00
Surplus beyond capital and all other liabilities 358771 00
25 Aggregate amount o all liabilities including paidup
capital stock and net surplus 133 180 24
IVRECEIPTS DURIKG THE YEAR
Fire Marine ct Inland
1 Gross premiums and bills un
paid at close of last year
as shown by income 6 of
that years statement 64038 33 4561 82
3 Net collected 64036 33 456182
11
17
20
210992 29
13042 50
21
22
23COMPTROLLERGENERALS REPORT
153
4
10
11
12

542209 20
64397 05
168579 13
309233 02
26281 22
30843 04
1547 00
29296 04
9506 59
19789 45
Gross premiums on risks writ
ten and renewed during
the year 478172 87
Total
Deduct gross premiums and
bills in course of collection
at this date
Entire premiums collected
during the year 477812 15
Deduct reinsurance rebate
abatement and return pre
miums
Net cash actually received
for premiums carried out
Received for interest on mortgages
Received for interest and dividends on stocks and bonds
collateral loans and from all other sources
Income received from all other sources viz Rents
365214 profit and loss account 122490 total
Aggregate amount of receipts actually received during
the year in cash
yDISBURSEMENTS DURING THE YEAR
Fire Marine Inland
Gross amount actually paid
for losses includnig 19
21145 losses occurring in
previous years 251873 11
Deduct all amounts actually
received for salvages
whether on losses of the
last or of previous years
fire 31335 river 253 71
and all amounts actually
received for reinsurance
in other companies river
1331734fire 5346980
Total deductions
Net amount paid during the
year for losses 198089 96 3059 66
Cash dividends actually paid stockholders amount of
stockholders dividends declared during the year
5000000
Paid for commission or brokerage
Paid for salaries fees and all other charges of officers
clerks agents and all other employes
Paid for state and local taxes in this and other states
All other payments and expenditures viz Taxes on
realty 3l16S75 taxes on assets 41489o war tax
1 33629 traveling expenses 485335 board expenses
and salvage corps 1566229 legal expenses 100000
marine expenses 48000 advertising printing and sta
tionery 693167 rent account 197267 various18
115 34 profit and loss account o02323 total
Aggregate amount of actual disbursements during the
year in cash
329022 47
181 35
36777 84
4877 04
370858 70
16630 71

53783 15
13571 05
201149 62
49457 50
46726 97
29571 22
12568 80
50692 54
390165 65154
COMPTROLLERGENERALS REPORT
Business in the State of Georgia for the year ending Dec 31
1S98
Fire marine and inland risks written j 467 060 00
Gross premiums received n
jSSeSpaid 240086
Losses incurred
Risks
Premiums
Losses
Tax
BUSINESS IN GEORGIA FOR YEAR ENDING APRIL 30 1899
1604461 00
27019 64
19059 09
270 19
TRADERS FIRE INSURANCE COMPANY OF CHICAGO ILLINOIS
ICAPITAL
1 Whole amount of capital stock
2 Amount paid up in cash
IIASSETS
1 Market value of real estate owned by the company less
the amount of incumbrances thereon
2 Loans on bond and mortgage duly recorded and being
first liens on the fee simple
3 Interest due on all said bond and mortgage loans 58500
Interest accrued thereon 360204 total
4 Value of lands mortgaged exclusive of
buildings and perishable improvements 339242 03
5 Value of buildings mortgaged insured for
20668300 as collateral 299 883 00
6 Total value of said mortgaged premises
carried inside 639125 00
9 Total par and market value of stocks and bonds owned
absolutely by the company carried out at market value
12 Cash in companys principal office 3782 58
13 Cash belonging to the company deposited
in Corn Exchange National Bank 80170 43
Total cash items
15 Interest due and accrued on stocks not included in mar
ket value uncollected
16 Interest due and accrued on collateral loans and uncol
lected
17 Cash in hands of agents and in course of transmission
18 All other assets
Total assets of the company actual cash market val
iii
LIABILITIES
1 Losses due and unpaid
2 Cross losses in process of adjustment or in
suspense including all reported and sup
posed losses
16967 07
85490 57
500000 00
500000 00
31985 70
209250 00
4187 04
1675480 00
83953 01
6171 66
397 50
81922 94
15095 38
2133943 23COMPTROLLERGENERALS REPORT
155
3 Losses resisted including interest costs
and other expenses thereon 17675 95
4 Total gross amount of claims for losses 120133 59
5 Deduct reinsurance thereon 18614 32
6 Net amount of unpaid losses 101489 27
7 Gross premiums without any deduction re
ceived and receivable upon all unexpired
fire risks running one year or less from
date of policy 501899 72
Unearned premiums fifty per cent 250949 86
8 Gross premiums withoit any deduction
received and receivable upon all unex
pired fire risks running more than one
year from date of policy 46838778 un
earned premiums 251776 88
11 Total unearned premiums as computed above carried out 502726 74
19 All other demands against the company absolute and
contingent due and to become due admitted and con
tested viz commissions etc 941206 all other
items 1979573 total 29207 79
Total 63342380
21 Joint capital stock actually paid up in cash 500000 00
23 Surplus beyond capital and all other liabilities 1000519 43
24 Aggregate amount of all liabilities including capital paid
up and net surplus 2133943 23
IVINCOME DURING THE YEAR
Oil Fire Risks
1 Gross premiums and bills in course of col
lection at close of last previous year as
shown by that years statement 68501 86
2 Deduct amount of same not collected 5 50
3 Net collected 68496 36
4 Gross premiums on risks written and re
newed during the year as shown in risk
and premium exhibit 894447 68
5 Total 96294404
6 Deduct premiums and bills in course of col
lection at this date 83888 36
7 Entire premiums collected during the year 879055 68
8 Deduct reinsurance and return premiums 210748 82
9 Net cash actually received for premiums
carried out 668306 86
10 Received for interest on bonds and mortgageslo247 26
11 Received for interests and dividends on stocks and bonds
collateral loans and from all other sources 72841 64
12 Income received from all other sources omitting increase
if any in value of securities viz rents 70137 total 701 37
15 Aggregate amount of income actually received during the
year in cash 757097 13156
COMPTROLLERGENERALS REPORT
YEAR
On Fire Kisks
447982 25
VEXPENDITURES DURING THE
1 Gross amount actually paid for losses in
cluding 5372591 losses occurring in pre
vious years
2 Deduct all amounts actually received for
salvages whether on losses of the last
or of previous year 851297 and all
amounts actually received for reinsur
ances in other companies 14677845 to
tal deductions 55 99 2
3 Net amount paid during the year for losses 392 690 83
4 Cash dividends actually paid stockholders
amount of stockholders dividends de
clared during the year 50000
6 Paid for commissions or brokerage
7 Paid for salaries fees and other charges of officers clerks
agents and all other employes
8 Paid for state national and local taxes in this and other
states
9 All other payments and expenditures viz Rent post
age printing supplies and miscellaneous expenses
Aggregate amount of actual expenditures during the
year in cash
50000 00
132590 32
64133 98
24891 55
61967 46
726274 14
UNION ASSURANCE SOCIETY OF LONDON ENGLAND
ICAPITAL
1 Whole amount of capital stock o on nno no
2 Amount paid up in cash 900000 0J
IIASSETS
1 Market value of real estate owned by the company less
the amount of incumbrances thereon 200 000 00
9 Total par and market value of stocks and bonds owned
absolutely by the company carriedoutat market value 10S6448 50
12 Cash in companys principal office 201 50
13 Cash belonging to the company deposited in
Union Trust Co 1677207 Crocker
Wadsworth National Bank 814797 to
1K 2492004 2492004
K interest due and accrued on stocks not included in mar
ket value uncollected
17 Cash in hands of agents and in course of transmission 40 176 51
18 All other assets both real and personal viz Agents deb
it balance 8477178 balance of investment account
35656 total
lotal assets of the company actual cash market value 1445241 73COMPTROLLERGENERALS REPORT
157
IIILIABILITIES
2 Gross losses in process of adjustment or in
suspense including all reported and sup
posed losses 51 77 86
3 Losses resisted including interest costs
and other expenses thereon 5000 0
4 Total gross amount of claims for losses 56757 86
6 Net amount of unpaid losses 56757 86
7 Gross premiums without any deduction re
ceived and receivable upon all unexpired
fire risks running one year or less from
date of policy 751220 63
Unearned premiums fifty per cent 375610 31
8 Gross premiums without any deduction re
ceived and receivable upon all unexpired
fire risks running more than one year
from date of policy 326843 02
Unearned premiums 207187 77
11 Total unearned premiums as computed above carried out 582798 08
19 All other demands against the company absolute and con
tingent due and to become due admitted and contest
ed viz Commissions brokerage and other charges
due and to become due to agents and brokers on pre
miums paid and in course of collection 602648 other
expenses 596099 total 11987 47
2D Total amount of all liabilities except capital stock scrip
and net surplus 651543 41
23 Surplus beyond capital and all other liabilities 793698 32
24 Aggregate amount of all liabilities including capital
paid up and net surplus 1445241 73
iyINCOME DURING THE YEAR
On Fire Risks
3 Net collected 38047 26
4 Gross premiums on risks written and re
newed during the year as shown in risk
and premium exhibit 1283927 88
5 Total 1321975 14
6 Deduct premiums and bills in course of col
lection at this date 40176 5i
7 Entire premiums collected during the year 1281798 63
8 Deduct reinsurance and return premiums 457823 26
9 Net cash actually received for premiums
carriedout 823975 37 823975 37
11 Received for interests and dividends on
stocks and bonds collateral loans and
97 op 7 77
from all other sources 001
12 Income received from all other sources omitting in
crease if any in value of securities viz Rents
6000 total 6000 00
15 Aggregate amount of income actually received during the
id gg s 857843 14
year in cash u 158 COMPTROLLERGENERALS REPORT
VEXPENDITURES DURING THE YEAR
On Fire Risks
1 Gross amount actually paid for losses 674984 05
2 Deduct all amounts actually received for
salvages 5539 34
3 Net amount paid during the year for losses 619344 71 619344 71
6 Paid for commissions or brokerage 200 738 06
7 Paid for salaries fees and other charges of offlcersclerks
agents and all other employes 21549 57
8 Paid for state national and local taxes in this and other
states 36330 26
9 Allother payments and expenditures viz Advertising
printing salaries total 44050 46
Aggregate amount of actual expenditures during the
year in cash 922013 06
Business in the State of Georgia during the year ending Dec 31 1S9S
Fire marine and inland risks written 1 407 150 00
Premiums received gross 22 274 73
Losses paid 481 5
Losses incurred 9 4Q4 j
BUSINESS IN GEORGIA FOR YEAR ENDING APRIL 30 1899
Risks 2019344 27
Premiums 2i20 46
Losses 5489 73
Tax 265 20
WESTERN ASSURANCE COMPANY OF TORONTO CANADA
IIASSETS
2 Loans on bond and mortgage duly recorded and being
first liens on the fee simple 20 000 00
9 Total par and market value of stocks and bonds owned
absolutely by the company carried out at market value 1263140 15
12 Cash in companys principal office 63 33
13 Cash belonging to the company deposited
in Canadian Bank of Commerce 151
02493 Corn Exchange Bank Chicago
27473 total 151299 66 151299 66
17 Cash in hands of agents and in course of transmission 202958 03
18 Bills receivable not matured taken for fire marine and
inland risks 47 309 72
Total assets of the company actual cash market value 16S1S70 89
IIILIABILITIES
1 Losses due and unpaid 82697 64
2 Gross losses in process of adjustment or in
suspense including all reported and sup
posed losses 68325 25
3 Losses resisted includinginterest costs and
other expenses thereon14049 16COMPTROLLERGENERALS REPORT
159
4 Total gross amount of claims for losses 105072 05
6 Net amount of unpaid lossesN 105 072 05
7 Gross premiums without and deduction re
ceived and receivable upon all unexpired
Are risks running one year or less from
date of policy 953030 00
Unearned premiums fifty per cent 470815 00
8 Gross premiums without any deduction re
ceived and receivable upon all unexpired
Are risks running more than one year
from date of policy 63808283 unearn
ed premiums 342145 11
9 Gross premiums without any deduction in
cluding both cash and bills received and
receivable upon all unexpired inland nav
igation and marine risks 6499097 50
3249548 cargo 100 318245
11 Total unearned premiums as computed
above carried out 854638 04
19 All other demands against the company absolute and
contingent due and to become due admitted and con
tested viz 30954 23
20 Total amount of all liabilities except capital stock scrip
and net surplus 1050664 32
23 Surplus beyond liabilities 634206 57
24 Aggregate amount of all liabilities including capital paid
up and net surplus 1684870 89
IVIXCOMK DlRING THE YEAR
Fire Marine Inland
1 Gross premiums and bills in
course of collection at close
of last previous year as
shown by that years state
ment 228260 42 59971 07
3 Net collected 228260 42 59971 07
4 Gross premiums on risks writ
ten and renewed during
the year as shown in risk
and premium exhibit 1723599 25 306571 23
5 Total 1951859 67 366542 30
6 Deduct premiums and bills in
course of collection at this
date 185653 12 64014 63
7 Entire premiums collected
during the year 1766206 55 301927 67
8 Deduct reinsurance rebate
abatement and return pre
miums 385570 04 21357 61
9 Net cash actually received
for premiums carried out 1380636 51 280570 06
10 Received for interest on bonds and mortgages
1601206 57
2116 23360
COMPTROLLERGENERALS REPORT
11 Received for interest and dividends on stocks and bonds
collateral loans and from all other sources
16 Aggregate amount of income actually received during the
year in cash
VEXPENDITURES DURING THE YEAR
46506 88
1709829 68
Fire
Marine Inland
925021 81 291353 95
36874 26
5147 55
44755 34
246598 61
1 Gross amount actually paid
for losses including 186
17042 losses occurring in
previous years
2 Deduct all amounts actually
received for salvage
whether on losses of the
last or previous years
3 Net amount paid during the
year for losses
6 Paid for commission or brokerage
7 Paid for salaries fees and other charges of officers clerks
agents and all other employes
8 Paid for state national and local taxes in this and other
states
9 All other payments and expenditures
Aggregate amount of actual expenditures during the
year in cash
Business in the State of Georgia during the year ending Dec
Fire Marine Inland
Fire marine and inland risks
written 1056851 00
Premiums received gross 18647 25
Losses paid 16147 01
Losses incurred 13937 98
41550 00
277 26
1134746 16
308257 56
51858 00
48461 24
146582 86
1689905 82
It 1898
Aggregate
1098401 00
18924 51
16147 01
13937 98
BUSINESS IN GEORGIA FOR YEAR ENDING APRIL 30 1893
Risks
Premiums
Losses
Tax
1614014 00
2044S 19
762 I 78
2li4 49
WESTOHESTER FIRE INSURANCE COMPANY OF NEW YORK
NEW YORK
ICAPITAL
1 Whole amount of capital stock 300000 00
2 Amount paid up in cash 300000 00
II ASSETS
1 Market value of real estate owned absolutely by the com
pany less the amount of incumbrances thereon 223000 10
2 Loans on bond and mortgage duly recorded and being
first liens on the fee simple 512450 00COMPTROLLERGENERALS REPORT
161
8963 95
3 Interest due on all said bond and mortgage loans 633607
interest accrued thereon 262788 total
4 Value of lands mortgaged exclusive of
buildings and perishable improvements 475250 00
5 Value of buildings mortgaged insured for
52475000 as collateral 587950 00
6 Total value of said mortgaged premises car
ried inside 1063200 00
9 Total par and market value of stocks and
bonds owned absolutely by the company carried out at
market value 1591100 00
11
13
17
Amount loaned thereon
Cash belonging to the company deposited
in Union Trust Co New York 51726 98
Chatham National Bank New York 71158 62
Total
Cash in hands of agents and in course of
transmission
Total assets of the company actual cash market value
2500 00
122855 60
198315 79
2659215 34
III LIABILITIES
1 Losses not due and unpaid 29168 88
2 Gross losses in process of adjustment or in
suspense including all reported and sup
posed losses 120324 97
3 Losses resisted including interest costs
and other expenses thereon 7983 00
4 Total gross amount of claims for losses 157476 85
5 Deduct reinsurance thereon 25336 66
6 Net amount of unpaid losses
7 Gross premiums without any deduction re
ceived and receivable upon all unexpired
fire risks running one year or less from
date of policy 812153 80
Unearned premiums fifty per cent 406076 90
8 Gross premiums without any deduction re
ceived and receivable upon all unexpired
fire risks running more than one year
from date of policy 1269448 12
Unearned premiums 662238 70
11 Total unearned premiums as computed above carried
out
19 All other demands against the company absolute and
contingent due and to become due admitted and
contested viz Taxes to become due
Total
21 Joint stock capital actually paid up in cash
23 Surplus beyond capital and all other liabilities
24 Aggregate amount of all liabilities including capital paid
up and net surplus
132140 19
1068315 60
24239 16
1224694 95
300000 00
1134520 39
2659215 34162
COMPTROLLERGENERALS REPORT
INCOME DURING THE YEAR
Oa Fire Risks
252008 20
6725 80
245882 40
147328
17
10
11
12
15
1204437 98
2738s 11
66663 83
965 30
Gross premiums and bills in course of col
lection at close of last previous year as
shown by that years statement
Deduct amount of same not collected
Net collected
Gross premiums on risks written and re
newed during the year as shown in risk
and premium exhibit
Total 1719172
Deduct premiums and bills in course of col
lection at this date 26624 14
Entire premiums collected during the year
all cash 1452929 03
Deduct reinsurance and return premiums 248491 05
Net cash actually received for premiums carried out
Received for interest on bonds and mortgages
Received for interests and dividends on stocks and bonds
collateral loans and from all other sources
Income received from all other sources omitting increase
if any in value of securities viz Rents 90531 to
tal
Aggregate amount of income actually received during the
year in cash 1299455 22
V EXPENDITURES DURING THE YEA
On Fire Risks
1 Gross amount actually paid for losses in
cluding 10362590 losses occurring in
previous years 729228 10
2 Deduct all amounts actually received for
salvages whether on losses of the last or
of previous year 1052090 and all
amounts actually received for reinsur
ances in other companies 4257128 to
tal deductions 59092 18
3 Net amount paid during the year for losses
4 Cash dividends actually paid stockholders amount of
stockholders dividends declared during the year
6 Paid for commissions or brokerage
7 Paid for salaries fees and other charges of officers clerks
agents and all other employes
8 Paid lor state national and local taxes in this and other
states
9 All other payments and expenditures viz lostage tel
egraph express advertising printing stationery lire
patrols maps repairs and incidentals total
Aggregate amount of actual expenditures during the
year in cash
670135 92
30000 00 277668 57
109137 6B
33831 73
110307 82
1237OS 1 09
COMPTROLLERGENERALS REPORT 163
Business in the State of Georgia during the year ending Dee 31 1898
Fire marine and inland risks written 1842771 00
Premiums seceived gross 26361 56
Losses paid 32009 86
Losses incurred 34659 86
BUSINESS IN GEORGIA FOR YEAR ENDING APRIL 30 1899
Risks 2178930 00
Premiums 22263 13
Losses 3288609
Tax 222 63
WILLIAMSBURGH CITY FIRE INSURANCE COMPANY OF BROOK
LYN NEW YORK
ICAPITAL STOCK
1 Amount of capital stock authorized 250000 00
Subscribed for 250000 00
2 Amount of capital paid up in cash 250000 00
Amount of net ledger assets December
31 of previous year 1613560 39
Extended at 1613560 39
IIINCOME DURING YEAR
On Fire Risks
1 Gross premiums and bills unpaid at close
of previous year as shown by that years
statement 94029 81
2 Deduct amount of same not collected 7522 38
3 Net collected 86507 43
4 Gross premiums written and renewed dur
ing the year 730470 17
5 Total 816977 60
6 Deduct gross premiums and bills in course
of collection at this date 95230 54
7 Entire premiums collected during the year 721747 06
8 Deduct reinsurance rebate abatement
and return premiums 105316 82
9 Received for premiums other than perpet
uals 616430 24 616430 24
11 Rents from companys property including
15500 for companys use of own build
ings 44600 23
12 Interest on real estate mortgage loans 11
13056 total 11130 56
13 Interests and dividends on stocks and bonds 39637 12
Total rents and interest 95367 91
14 Profit on sale or maturity of ledger assets during the year
over book values 88691 99
Total income during the year 800490 14
Total footings 2414050 164
COMPTROLLERGENERALS REPORT
DISBURSEMENTS DURING THE YEAR
Ou Fire Risks
306701 03
24867 55
281833 48
1 Gross amount paid for losses including
5451951 occurring in previous years
2 Deduct amounts received for salvages on
losses of the last or of previous years
399174 and from reinsurance in other
companies 2087581
3 Net amount paid during the year for losses 281833 48 281833 48
5 Paid stockholders for interest or dividends
amount declared during the year 50
00000 49055 00
7 Commissions or brokerage to agents less received on re
insurances 159202 02
9 Rents including 1550000 for companys use of own
buildings 17200 00
10 Salaries fees and all other charges Officers 2225000
clerks 4659609 68846 09
11 Taxes on premiums 676551 on real estate 646936 13234 87
12 Insurance department fees and agents licenses 270118
municipal licenses 116314 tax on franchise 14500
13 Advertising printing and stationery 620039 legal ex
penses 19600 repairs and expenses on real estate
1182121 miscellaneous 3622047 58447 39
Total expenditures during the year 647818 85
Balance 1766231 68
IVLEDGER ASSETS
1 Book value real estate
2 Mortgage loans on real estate
4 Book Jvalue of bonds excluding interest
17647637 and stocks 69024255
5 Cash in companys office 316061 depos
ited in bank 1937832
First National Bank of Brooklyn
Chatham National Bank of New York
Mechanics National Bank of Brooklyn
Total
8 Interest due 39093 and accrued 94775
on mortgages
9 Interest accrued on stocks and bonds
12 Rents accrued
Total carried out
14 Market value not including interest in item
and stocks over book value
15 Gross premiums in course of collection
December 31 not more than three mos
due
16 Deduct cost of collection commission and
brokerage
17 Net amount of uncollected premiums not
more than three months due
Gross assets
632574 13
244400 00
866718 62
22538 93
15376 05
2803 74
1198 53
1338 68
4579 38
5745 31
9 of bonds
1766231 68
11663 37
93884 88
94883 25
21181 77
73701 48
1945481 41COMPTROLLERGENERALS REPORT
165
VNONLEDGER LIABILITIES
1 Losses due and unpaid not yet due 15
15749 15157 49
2 Losses in process of adjustment or in sus
pense including all reported and suppos
ed losses 23398 75
3 Losses resisted not outlawed including
interest costs and other expenses there
on 5313 04
4 Total amount of claims for losses 43869 28
5 Deduct reinsurance due or accrued 3402 36
6 Net amount of unpaid losses 40466 92
7 Gross premiums less reinsurance receiv
ed and receivable upon all unexpired fire
risks running one year or less from date
of policy including interest premiums on
perpetual Are risks 35425182 unearn
ed premiums fifty per cent
8 Gross premiums less reinsurance receiv
ed and receivable upon all unexpired Are
risks running more than one year from
date of policy 71579330 unearned pre
miums
11 Total unearned premiums as computed above 55910 75
17 Cash dividends remaining unpaid to stockholders 960 00
18 Salaries rent expenses taxes bills accounts fees etc
due or accrued 6256 84
20 Reinsurance premiums 1888 78
177125 91
381984 84
22 Total amount of all liabilities 6C8683 29
23 Jointstock capital actually paid up in cash 250000 00
25 Divisible surplus 1086798 12
Total 1945481 41
Business in the State of Georgia during the year ending Bee 311898
Gross risks written 1227605 00
Gross premiums received 14185 03
Losses paid 7586 92
Losses incurred 10196 31
BUSINESS IN GEORGIA FOR YEAR ENDING APRIL 30 1899
Risks 1201760 00
Premiums 16212 18
Losses 9009 29
Tax 162 12166
COMPTROLLERGENERALS REPORT
AMERICAN UNION LIFE INSURANCE COMPANY OF NEW YORK
NEW YORK
CAPITAL STOCK
Amount of capital stock paid up in cash
Amount of net or ledger assets De
cember 31 of previous year
Extended at
451482 78
IIINCOME DURING YEAR 1898
1 Cash received for premiums
on new policies without
deductions for commissions
or other expenses 143259 37
lCash received for renewal
premiums without deduc
tions for commissions or
other expenses 136980 25
4 From surrender values ap
plied to pay running premi
ums 455 84
4JFrom surrender values appli
ed to purchase paidup in
surance and annuities 2326 83
Total 28302S 20
6 Deduct amount of premiums
paid to other companies for
reinsurance on policies in
this company
7 Total premium income
8 Cash received for interest
loans
Cash received for interest on bonds owned
and dividends on stock
Cash received for interest on premium notes
loans or liens
Cash received for interest on other debts
due the company
Cash received for profits on sales of bonds
or stocks all other
From all other sources viz Interest on de
ferred premiums
Payment of agents balance charged off as
worthless
Total income
477 83
on mortgage
9
10
11
14
lit
Total
282550 46
420 00
12435 00
39 58
1660 59
8107 92
4821 73
13 59
IIIDISBURSEMENTS DURING Till VKAli
1 Cash paid for death claims
including revisionary addi
tions 51650 00
500000 00
451482 78
310108 87
761591 05COMPTROLLERGENERALS REPORT
167
13
14
15
17
18
19
20
21
23
24
21
27
28
29
Cash paid for sums falling
due during the year on in
stallment policies 4075 00
Total net amount actually paid for losses
and matured endowments
Surrender values paid in cash
Surrender value applied to pay running
premiums
Surrender values applied to purchase paid
up insurance and annuities
Cash paid for commissions and bonuses
to agents less commission on reinsur
ance new policies 9401313 renewals
1240594
Cash paid for salaries and allowances to
managers and agents
Cash paid for medical examiners fees 8
17690 inspection of risks 226546
Cash paid for salaries and all other com
pensation of officers and other home of
fice employes
Cash paid for taxes on new premiums 1
51856 on renewals 145573
Cash paid for insurance department fees
and agents license 1262 municipal
licenses 22216
Cash paid for rent
Cash paid for furniture fixtures and safes
for home and agency offices
Cash paid for advertising 2893 91 print
ing 5 22107 postage 187067
Cash paid for legal expenses
Cash paid for the following items viz Tax
on franchise
Miscellaneous expense 806955 Travel
ing expenses 570368 internal revenue
tax 235437
Agents accounts charged off as worth
less
Total miscellaneous expenses
Total disbursements
55725 00
233 60
45 84
2326 83
106419 07
33J351 88
10442 36
49320 28
2974 29
1484 16
5000 00
384 29
9985 65
1531 88
140 00
16127 60
17 63
237179 09
Balance
IvASSETS AS PER LEDGER ACCOUNTS
Loans secured by pledge of bonds stocks
or other marketable collaterals
Premium notes loans or liens on poli
cies in force of which 134287 was re
ceived during the year
c Cost value of bonds and stocks owned
excluding accrued interest at time of
purchase 341807 96
640 00
2784 49
295920 36
465671 2916S
COMPTROLLERGENERALS REPORT
10
11
13
15
21
23
Cash in companys office
Cash deposited in banks
Bills receivable
Agents ledger balances
Total net or ledger assets as per balance
above
Deduct agents credit balances
Total net or ledger assets less depreciation
Interest accrued on bonds and stocks
Market value of bonds and stocks over cost
New Business
10786 85
26220 75
2252 37
82981 02
467473 44
1802 15
465671 29
3848 32
Renewals
4654 04
24
25
26
27
28
Gross premiums due and un
reported on policies in force
December 31 1898
Gross deferred premiums on
policies in force December
31 1898
Totals
Deducting loading 20 per
cent on new and 20 per
cent on renewals
Net amount of uncollected
and deferred premiums
Furniture fixtures and safes stationery etc
Total assets as per the books of the company 567554 23
33755 99
13654 20
47410 19
9482 04
37928 15
17535 42
30530 11
48065 53
9613 10
38452 43
76380 58
17000 00
9
ITEMS NOT ADMITTED
Agents balances 44 ggy pg
Supplies printed matter and stationery
furniture fixtures and safes 17000 00
Total
Total assets less items not admitted
61687 96
505866 27
VLIABILITIES
1 Net present value of all the outstanding
policies in force on the 31st day of De
cember 1898 computed according to The
Actuaries Table of Mortality with four
per cent interest
Deduct net value of risks of this com
pany reinsured in other solvent compa
nies
Net reinsurance reserve
5 Claims for death losses and matured endow
ments in process of adjustment or adjust
ed and not due
8 Present values of unpaid amounts on ma
tured installment policies face 88
32000
Total policy claims
13 Amount due on account of salaries rents
and office expenses
210473 00
313 00
210160 00
29500 00
62166 25
91066 25
2206 78COMPTROLLERGENERALS REPORT 169
17 Liabilities on policyholders account
18 Gross surplus on policyholders account 201833 24
Total liabilities 505866 27
Business in Georgia During the Year ending Dec 31 1898
No Amount
Number and amount of policies on the lives of citi
zens of said state in force December 31 of pre
59 167160 00
vious year
Number and amount of policies on the lives of citi
zens of said state issued during the year18 54260 00
Total 77 22142000
Deduct number and amount which have ceased to be
in force during the year22 70750 00
Total number and amount of policies in force 55 150670 00
BUSINESS IN GEORGIA TOR YEAR ENDING APRIL 30 1899
209515 00
1SkS 3311 65
remlUmS 3312
Tax

iETNA LIFE INSURANCE COMPANY OF HARTFORD CONN
CAPITAL STOCK
1 Amount of capital stock au
thorized 200000000 Sub
scribed for 1750000 00
2 Amount of capital paid up in
cash 1750000 00
Amount of net ledger assets Dec 31 of
previous yearS 45348489 61
Extended at45348489 61
INCOME DURING YEAR
AS SHOWN BY THE E OKS AT HOME OFFICE AT CLOSE OF BUSINESS DECEMBER 81
1 First years premiums ex
cept items 3 and 5 less in
terest included in deferred
premiums and
36860 for first years re
insurance 817834 10
2 Renewal premiums except
items 3 and 5 less interest
included in deferred pre
miums and 201655
for renewal reinsurancc 4030966 11170
COMPTROLLERGENERALS REPORT
Dividends applied by policy
holders to pay running pre
miums first years premi
ums renewals
see item 9 dis
bursements 681206 03
Surrender values applied to
pay running premiums
first years premiums 18
75324 renewals 1376004
see item 12disbursements 22513 28
Surrender values applied to
purchase paidup insurance
and annuities see item 13
disbursements 211892 03
10
11
12
13
14
15
35095
Total premium income 5 764411 55
Rents from companys prop
erty including 1300000
for companys use of own
buildings
Interest on loans on mort
gages of real estate 1515681 06
Interest on collateral loans
including premium notes
loans and liens
Interest on bonds and divi
dends on stock
Interest on other debts due
the company and on depos
its in banks
Discounts on claims paid in
advance 269205 Interest
on deferred premiums
147247 54
050011 25
35115 16
2092 05
Total rents and interest 2385842 31
Profit on sales of real estate 3141587 on
sale or maturity of securities 924600 40001 87
Total income life department 8190915 73
Total income accident department 672979 30
Total income during the year 8J863 895 09
Sum of both amounts 54 212 384 70
DISRlRSEMENTS DURING YEAR
AS SHOWN I1Y THE HOOKS AT HOME OFFICE AT CLOSE OK BUSINESS DEC 31
Fordeath clms 212068813
additions 409253 2130780 66
Matured endowment 1083
01845 additions 1083018 45
Installment death clms 4
06100 additions 4061 00
Total 3217860 11COMPTROLLERGENERALS REPORT
171
Deduct amount received from
other companies for claims
on policies of this company
reinsured
2750 00
5 Total net amount actually paid for losses
and matured endowments 3
8 Dividends paid policy holders less 45954
received for dividends on reinsurance
9 Dividends applied by polxy holders to pay
running premiums see item 3 income
11 Surrender values paid less received
on surrendered reinsurance
12 Surrender values applied to pay running
premiums see item 5 income
13 Surrender values applied to purchase paid
up insurance and annuities see item i
income
Total paid policy holders 451747162
14 Paid stockholders for interest or dividends
amount deducted during the year 175
00000
15 Commissions and bonuses to agents less
commissions received on reinsurance
new policies 3029903 renewal policies
2S941788 on annuities
17 Salaries and allowances for agencies includ
ing managers agents and clerks
Salaries and all other compensation officers
44S7400 home office employes 82791
80
Medical examiners fees 43 30917 inspec
tion of risks i07124
Taxes on new premiums 653387 renewal
premiums 370l081 on franchise 92
72002 on reserves 598391 municipal
licenses 5057 60
Taxes on real estate 1055371 on other
investments
22 Insurance department fees and agents li
censes915037 U S revenue Tax 9
44432
23 Repairs and expenses other than taxes on
real estate
24 Rents including 1300003 for companys
use of own buildings less re
ceived under sublease
25 Advertising 1022641 printing and sta
tionery 2155439 postage 2721744
26 Legal expenses 3132419 for furniture
etc 271427
18
lit
20
21
215110 11
251399 74
681203 03
135350 43
22513 28
211892 03
175000 00
669716 91
15869 08
127665 80
49380 41
147342 26
10553 71
IS94 69
18746 96
28198 84
58998 21
34038 76172 COMPTROLLERGENERALS REPORT
28 All other items viz profit and loss account
must be itemized Supplies 1668164
express 338859 telegraph 164992
travel 275571 exchange 225196 in
cidentals 144152 28169 34
Total miscellaneous expenses 2816934
Total disbursements life department 5899746 62
Total disbursement accident depart
ment 542174 10
Total dirbursements 6441 990 72
Balance 47770463 98
LEDGER ASSETS
AS PER LEDGER ACCOUNTS SHOWN BY THE BOOKS AT HOME OFFICE
AT CLOSE OF BUSINESS DECEMBER 31
1 Book value real estate unincumbered 471
63L0 47163 00
2 Mortgage loans on real estate first liens
2233349231 other than first 22333492 31
3 Loans secured by pledge of bonds stocks or
other collateral 537 301 14
4 Loans made to policy holders on this com
panys policies assigned as collateral 1466855 CO
5 Premium notes or liens on policies in force
of which 792744 is for first years pre
miums 543281 88
6 Book value bonds excluding interest 12
27744538 stocks 309158549 15369030 87
7 Cash in companys office 20034388 depos
ited in bank 681519497 701553S 85
BANK DEPOSITS DECEMBER 3 1898
Etna National Bank 430930985 First Na
tional of New York 45593443 Kockville
National Bank 324603 Farmers and
Mechanics National Bank 8168775
American National Bank38S66258 Na
tional Exchange Bank 314460 Char
ter Oak National Bank 23542 Connec
ticut Trust and Safe Deposit Company
9761136 City National Bank 1124572
Connecticut River Banking Co 56738
04 First National Bank of Hartford
6341919 Security Company 86115717
Hartford National Bank 873149 Hart
ford Trust Company 18244545 United
States Bank 103501818 Ontario Bank
at Toronto Ontario 196939 Bank of
Toronto at Montreal Quebec 367793
State Bank Hartford 5000000 Allema
nia St Paul36039 Total681519497
8 Bills receivable 1695740 agents debit
balance 2965062 46608 02
Total 47783679 07COMPTROLLERGENERALS REPORT
173
DEDUCT LEDGER LIABILITIES
9 Agents credit balances 341185 borrowed
money all other 980324
13215 09
Total net ledger assets as per balance above
XONLEDGER ASSETS
10 Interest due 6588176 and accrued 427
278 70 on mortgages 493160 46
11 Interest due 3131972 and accrued 109
89659 on bonds and stocks
12 Interest due and accrued 506785
on collateral loans
13 Interest due 23279252 and accrued
on premium notes loans or liens less
4002330 collected in 1898 in advance
14 Interest due 900225 and accrued
on other assets
15 Rents due 1250C and accrued 269324 on
companys property or lease
47770463 98
141216 31
5067 85
19279 22
9002 25
2818 24
844034 33
17 Market value not including interest in item 11 of bonds
and stocks over book value 1236820 43
New Bii5iness
Renewals
18 Gross premiums not more
than three mths due after
period of grace unreported
on policies outstanding De
cember 31
19 Gross deferred premiums on
policies outstanding De
cember 31
20 Totals
21 Deduct cost of collection 50
per cent on new and 8
per cent on renewals
51310 65 150025 68
38002 65 237315 78
89313 30 387341 46
44656 65
30987 32
401010 79
22 Net amount of uncollected
and deferred premiums 44656 65 356354 14
Grossassets 50252329 53
DEDUCT ASSETS NOT ADMITTED
3 Commuted commissions agents
debit balances unsecured 1969049
4 Loans on personal security endorsed or not
bills receivable unsecured
20000
5 Premium notes loans or liens and premi
ums in item 22 in excess of reserve on
policies
6 Commissions payable to agents on premium
notes when paid
19 P90 49
200 00
3097 06
2321 17
Total
Total admitted assets
25308 72
50227020 81174
COMPTROLLERGENERALS REPORT
NONLEDGER LIABILITIES
AS SHOWS BY THE HOOKS AT HOME OFFICE AT CLOSE OF BUSINESS DECEMBER 81
1 Net present value of all the outstanding
policies in force on the 31st day of De
cember 1S9S as computed by the com
pany according to the Actauries Table of
Mortality with four per cent interest 41733643 00
Total 41733543 00
Deduct net value of risks of this com
pany reinsured in other solvent
companies 42464 00
Net reserves 41691179 00
2 Present value four per cent of amounts not yet due on
matured installment policies face 3615000 27612 00
3 Matured endowments due and unpaid 56017 00
5 Death losses in process of adjustment or ad
justed and not due 113824 44
6 Death losses which have been reported and
no proofs received 21571 00
7 Death losses and other policy claims re
sisted by the company not yet outlawed 3000 00
Gross policy claims 194412 44
Net policy claims
9 Unpaid dividends or other profits due policy holders in
cluding those contingent on payment of outstanding
and deferred premiums
11 Salaries rents expenses taxes bills accounts bonuses
commissions medical and legal feesetcdue oraccrued
12 Premiums paid in advance
13 Surrender values claimable on policies canceled whose re
serves are not included in item 1
194412 44
721498 05
20000 00
17520 82
9474 00
Total liabilities life department 42681696 31
Total liabilities accident department 300272 48
Liabilities on policy holders account 42981968 79
Gross divisible surplus 5495052 02
Capital stock paid up 1750000 00 7245052 02
Total 50227020 81
Business in Georgia During the Year ending Dec 31 1898
Number and amount of policies on the lives of citi
zens of said state in force December 31 of pre
vious year
Number and amount of policies on the lives of citizens
of said state issued during the year
Total
Deduct number and amount which have ceased to be
in force during the year
Total number and amount of policies in force 1241
No Amount
858 2069107 00
690 1421965 00
1548 3491132 00
307 705666 00
241 2785466 00
COMPTROLLERGENERALS REPORT
175
Amount of losses and claims on policies in said state
unpaid December 31 of previous year 1 60 00
Amount of losses and claims on policies in said state
incurred during the year 18 52373 00
Total 19 52433 00
Amount of losses and claims on policies in said state
settled during the year in cash 4516052 by
compromise 16 45160 52
What amount of premiums was collected or secured in said state during
the year in cash and notes or credits without any deduction for losses
dividends commissionsor other expenses Answer Cash 6506983
Notes or credits 20349 Total 6527732
BUSINESS IX GEORGIA FOB YEAR ENDING APRIL 30 1899
Risks 8866212 00
Premiums 73633 38
Losses 3f745 52
Tax 73633
CONNECTICUT MUTUAL LIFE INSURANCE CO HARTFORD CONN
Amount of net ledger assets December 31 of
previous year 61408550 38
Extended at 75 61408550 38
IIINCOME DURING THE YEAR 1898
As shown by the books at the home office at close of business December 31
1 First years premiums except
items 3 and 5 less interest
included in deferred premiums
and for 1st years
reinsurance 339300 44
2 Renewal premiums except
items 3 and 5 less interest in
cluded in deferred premiums
and for renewal
reinsurance 3210474 20
3 Dividends applied by policy
holders to pay running premi
ums 1styearpremiums
renewals 1077070 64
5 Surrender values applied to
pay running premiums 1st
year premiums 361254 re
newals 1890453 22517 07
6 Surrender values applied to
purchase paidup insurance
and annuities 117498 13176
COMPTROLLERGENERALS REPORT
7 Consideration for annuities
other than matured install
ment policies
1370 00
8 Total premium income54768230 48
9 Rents from Cos property in
cluding for Cos use
of own buildings 309987 59
10 Interest on loans on mort
gages of real estate 1865388 58
11 Interest on collateral loans in
cluding premiums notes loans
or liens 58132 83
12 Interest on bonds and divi
dends on stocks 812333 61
13 Interest on other debts due the
company and on deposits in
banks 24405 05
Total rents and interest
Total income during the year
3070247 66
838478 14
Sum of both amounts
69247028 52
IIIDISBURSEMENTS DURING THE YEAR 1898
As shown by the books at the home office at close of business December 31
1 For death claims 1398354144
additions 3983541 44
2 Matured endowments 299
79900 additions 299799 00
Total net amount actually ptkd for losses
and matured endowments 4283340 44
6 Paid annuities 25 00
7 Premium notes voided by lapse less
668 00 restored by revival 1456 00
8 Dividends paid policyholders less
received for dividends on reinsurances 195623 14
9 Dividends applied by policyholders to pay
running premiumsif 1077076 64
11 Surrender values paid less received
on surrendered reinsurances 514569 35
12 Surrender values applied to pay running
premiums 22517 07
13 Surrender values applied to purchase paid
up insurance and annuities 117498 13
15 Commissions and bonuses to agents less
commission received on reinsurances new
policies 9137206 renewal policies 269
113 19 on annuities 1946 360504 71
17 Salaries and allowances for agencies in
cluding managers agents and clerks 23999 83COMPTROLLERGENERALS REPORT
177
18 Salaries and all other compensation offi
cers 59000 home office employes 92
69998 151699 98
19 Medical examiners fees 21475 45
20 Taxes on new premiums S301803 renewal
premiums 2716223 on franchise 151
28103 on reserves 1109377 on munici
pal and State licenses 213487 internal
revenue 574541 200435 40
21 Taxes on real estate 177648 62
22 Insurance department fees and agents
licenses 5900 23
23 Repairs and expenses other than taxes on
real estate 141859 01
24 Rent including for companys use
of own buildings less 552 received under
sublease 7037 00
25 Advertising 3621305 printing and sta
tionery 1951365 postage 2009510 75821 80
26 Legal expenses 19386 88
27 Losses on sales of real estate 1683 02
2 All other items 7937 31
Exprss 252426 telegraph 147349 397 75
Traveling 1563187 miscellaneous 9
84236 28474 23
Total disbursements
Balance
Invested in the following
74399
99
61807067 53
IVLEDGER ASSETS
As per ledger accounts shown by the books at the home office at close of
business December 31
1 Book value of real estate unincumbered 10977642 71
2 Mortgage loans on real estate first liens 28900189 39
3 Loans secured by pledge of bonds stocks or
other collaterals 2300 00
5 Premium notes on policies in force 904622 19
6 Book value bonds excluding interest 18
86560362 stocks 4350416 19339107 78
7 Cash in companys office deposited
in bank J P Morgan Co N Y 453
69144 First Nit Hartford 11394504
Conn Trust id Safe Deposit Co Hartford
41954306 State Hartford 132 87890
Farmers and Mechanics Hartford 68283
Phcenix Nat Hartford 45233403 City
Hartford 11566996 total 1688745 26
8 Bills receivable 5367 79
Total 61817975 12178
COMPTROLLERGENERALS REPORT
Deduct Ledger Liabilities
9 Agents credit balances
10907 59
Total net ledger assets as per balance above
61807067 53
NOXLEIXJER ASSETS
638 619 65
201744 83
28 75
128309 40
12572 27
981274 90
10 Interest due 11953727 and accrued
51908238 on mortgages
11 Interest due 120000 and accrued 200
54483 on bonds and stocks
12 Interest due and accrued 28 75 on
collateral loans
13 Interest due 9872100 and accrued 29
58840 on premium notes loans or liens
15 Rents due 529929 and accrued 7272 98
on companys property or lease
17 Market value of bonds and stocks over book
value 1065955 64
New Renewals
18 Gross premiums not more Business
than three months due af
ter period of grace unre
ported on policies outstand
ing December 31 19615 37 78357 69
19 Gross deferred premiums
on policies outstanding De
cember 3130824 38 288023 80
20 Totals 50439 75 366381 49
21 Deduct cost of collection
2665 per cent on new
0 25 per cent on re
newals 13442 19 22898 84
22 Net amount of uncollected
and deferred premiums 36997 56 343482 65380480 21
Balance of loading on uncollected and de
ferred premiums 47023 22 333456 99
Gross assets 64187755 06
Deduct Assets not Admitted
4 Loans on personal security endorsed or not bills
receivable unsecured 5367 79
Total admitted assets 64182387 27
IVNOXLEDGER LIABILITIES
As shown by the books at home office at close of business December 31
1 Net present value of all the outstanding pol
icies in force on the 31st day of Dec 1898
as computed by the Connecticut Insurance
Department according to the Actuaries
Table and four per cent interest 53538699 00COMPTROLLERGENERALS REPORT
179
Same for annuities including thosein re
duction of premiums 1056 00
Additional reserve by companys standard
viz The American Table and 3 per cent
interest on new insurances written on or
since April 1 1882 1822059 00
Net reserve
3 Matured endowments due and unpaid 9372 00
4 Death losses due and unpaid 28198 50
5 Death losses in process of adjustment or
adjusted and not due 80925 00
6 Death losses which have been reported and
no proofs received 68394 00
7 Death losses and other policy claims resist
ed by the company not yet outlawed 40392 00
Net policy claims
9 Unpaid dividends or other profits due policyholders in
cluding those contingent on payment of outstanding
and deferred premiums
12 premiums paid in advance
13 Surrender values claimable on policies canceled whose re
serves are not included in item 1
14 Any other liability viz Additional special reserve for
term policies and annuities
Liabilities on policyholders account
Gross divisible surplus
55361814 00
227281 50
78437 17
34854 53
241360 00
18098 00
56 665845 20
7516542 07
Total
Business in the State of Georgia During the Year ending Dec
No
Number and amount of policies on the lives of citizens
of said State in force Dec 31 of previous year 408
Number and amount of policies on the lives of citizens
of said State issued during the year 19
Total 427
Deduct number and amount which has ceased to be in
force during the year 12
Total number and amount of policies in force 415
Amount of losses and claims on policies in said State
incurred during the year
Amount of losses and claims on policies in said State
settled during the year in cash
64182387 27
31 1898
Amount
1184600 0
48000 00
1232600 00
23000 00
1209000 00
5000 00
5000 00
BUSINESS IN GEORGIA FOR YEAR ENDING APRIL 30 1899
Risks 1021000 00
Premiums
Losses
Tax
32422 48
5000 00
324 22180 COMPTROLLERGENERALS REPORT
EQUITABLE LIFE ASSURANCE SOCIETY OF THE UNITED STATES
NEAV YORK N Y
ICAPITAL STOCK
1 Amount of capital stock paid
up in cash 100000 00
a Amount of net or ledger assets December
31 of previous year224108988 06
Extended at221108988 06
IIINCOME DURING THE YEAR
1 Cash received for premiums
on new policies without de
ductions for commissions
or other expenses 4486654 42
1J Cash received for renewal
prems without deduction
for commissions or other ex
penses 31460802 91
3 From dividends applied to
purchase paidup additions
and annuities see item 12
disbursements 683 927 15
4 From surrender values ap
plied to purchase paidup
insurnce and annuities see
item 15 disbursements 1955172 00
5 Consideration for annuities
other than matured install
ment policies 785868 28
Total 39372424 76
6 Deduct amount of premiums
paid to other companies for
reinsurance on policies in
this company 1003 17
7 Total premium income 39371421 59
8 Cash received for interest on mortgage
loans 1770488 77
9 Cash received for interest on bonds owned
and dividends on stock 5591904 65
11 Cash reeeived for interest on other debts
due the company 1164527 40
13 Cash received for rents for use of companys
property 1963640 05
19 From all other sources viz Profit and loss 387304 32
Total income 50249286 78
Total 274358274 84
IIIDISBURSEMENTS DURING YEAR 1898
1 Cash paid for death claims
including revisionary addi
tions 12952129 94COMPTROLLERGENERALS REPORT
181
S Cash paid for matured endow
ments and additions there
to 1319522 25
5 Cash paid for sums falling due
during the year on install
ment policies 30344 82
Total 14301997 01
7 Total net amount actually paid for
losses and matured endowments 14301997 01
8 Cash paid to annuitants 567905 38
10 Cash dividends paid policyholders 2375817 71
12 Cash dividends applied to purchase paidup
additions and annuities see item 3J in
come 683927 15
13 Surrender values paid in cash 4135704 17
15 Surrender values applied to purchase paid
up insurance and annuities see item 4
income 1955172 00
Total paid policyholders 24020523 42
16 Cash paid stockholders for interest or divi
dends 700000
17 Cash paid for commissions and bonuses to
agents less commission on reinsurance
new policies 1223217144 renewals 1
91734946 on annuities 2127652 4250797 42
18 Cash paid for salaries and allowances to
managers and agents 334863 83
19 Cash paid for medical examiners fees and
inspection of risks 345276 05
20 Cash paid for salaries and all other compen
sation of officers and other home office
employees 684256 63
21 Cash paid for taxes on premiums 214
08395 stamps and customs 13885241 252936 36
22 Cash paid for taxes on reserves 12581 22
23 Cash paid for insurance department fees
and agents licenses 834250 municipal
licenses 2515545 33497 95
24 Cash paid for rent 355257 81
25 Cash paid for commuting commissions 773279 35
26 Cash paid for taxes on real estate 280703 44
27 Cash paid for advertising printing and ex
change 462287 77
28 Cash paid for real estate expenses other
than taxes 493523 72
29 Cash paid for the following items viz Le
gal expenses traveling expenses and
Guarantee Companys bonds 276323 98
Cash paid clerical expenses agency expens
express telegraph cable freight tele
phone furniture and general expenses 170843 28
Total miscellaneous expenses 873342881
Total disbursements
30
31
32753952 23
Balance241604322 61182 COMPTROLLERGENERALS REPORT
IVASSETS AS PER LEDGER ACCOUNTS
1 a Book value of real estate exclusive of all
incumbrances 40410333 64
2 Loans on mortgage 1st liens on real estate 34724277 55
3 Loans secured by pledge of bonds stocks or
other marketable collaterals market
value 1452091000 11431535 55
4 Loans made in cash to policyholders on this
companys policies assigned as collateral 6988 00
6 c Book value of bonds and stocks owned
excluding accrued interest at time of
purchase 133930675 27
7 Cash in companys office 771074 cash de
posited in banks at interest 904902681
and trust companies 1146498855 20521726 10
10 Agentsledger balances 252786 50
Commuted commissions 326 000 00
13 Total net or ledger assets less depreciation241604322 61
OTHER ASSETS
14 Interest due 5803773 and accrued 161
21375 on mortgages 219251 48
15 Interest due and accrued192280500
on bonds and stocks 1922S05 00
16 Interest dueand accrued 7744694 on
collateral loans 77446 94
18 Interest due and accrued 861474 54 on
other assets 61 474 54
19 Rents due 12160910 and accrued 69
38914 on companys property or lease 190998 24
Total carried out 2471 976 20
21 Market value of bonds and stocks over book
value not including accrued interest 9556 105 73
New Business Renewals
23 Gross premiums due and un
reported on policies in force
December 31 1898 1139720 00 2203359 00
24 Gross deferred premiums on
policies in force December
31 1898 182662 00 2226053 00
Totals 1322382 00 4429412 00
25 Deducting loading 60 percent
on new and 5 per cent
on renewals 793429 00 221471 00
26 Net amount of uncollected
and deferred premiums 528953 00 4207941 00 4736894 00
28 Total assets as per the books of the company 58369298 54COMPTROLLERGENERALS REPORT 183
ITEMS JJOT ADMITTED
3 Commuted commissions 326000 00
5 Agents balances 252786 50
Totali 578786 50
9 Total assets less items not admitted 257790512 04
VLIABILITIES
1 Net present value of all the outstanding
policies in force on the 31st day of De
cember 1898 198898259 00
Net reinsurance reserve 198898259 00
1 Claims for death losses which have been
reported and no proofs received 1252614 79
3 Claims for death losses due and unpaid 297357 10
4 Claims for matured endowments due and
unpaid 11158207
5 Claims for death losses and maturedetidow
ments in process of adjustment or ad
justed and not due r 60075 00
6 Claims for death losses and other policy
claims resisted by the company 70125 00
7 Amounts due and unpaid on annuity claims 37513 31
8 Present value of unpaid amounts on ma
tured installmt policies face 30999221 231609 00
Total policy claims 2060876 27
10 Amount of all unpaid dividends of surplus or other de
scription of profits due policyholders 99674 00
17 Liabilities on policyholders account 201058809 27
18 Gross surplus on policyholders account 56731702 77
19 Total liabilities 257790512 04
Business in Georgia During 1898
No Amount
Number and amount of policies on the lives of citi
zens of Georgia in force December 31 of previous
year 3627 10693562 00
Number and amount of policies on the lives of citi
zens of Georgia issued during the year 452 1664528 00
Total 4079 12358090 00
Deduct number and amount which have ceased to
be in force during the year 462 173514 00
Total number and amount of policies in force in
Georgia December 31 1898 3617 10644576 00
Amount of losses and claims on policies in Georgia
unpaid December 31 of previous year 1 1090 00
Amount of losses and claims on policies in Georgia
incurred during the year 45 131161 00
Total 46 13225100184 COMPTROLLERGENERALS REPORT
Amount of losses and claims on policies in Georgia
paid during the year 44 130841 00
What amount of premiums was collected or secured in Georgia during the
year in cash and notes or credits without any deduction for losses
dividends commissions or other expenses
Answer Cash 33500154 notes or credits total 33500154
BUSINESS IN GEORGIA FOR YEAR ENDING APRIL 30 1899
Risks 10874000 00
Premiums 350654 04
Losses 148309 02
Tax 3506 54
FIDELITY MUTUAL LIFE ASSOCIATION OF PHILADELPHIA PA
ICAPITAL STOCK
Amount of net or ledger assets Decem
ber 31 of previous year 2005055 18
Add value of installment policies Decem
ber 31 1897 1157 00
Extended at 2006212 18
INCOME DURING YEAR 1898
1 Cash received for premiums
on new policieswithout de
ductions for commissions
or other expenses 397545 52
1J Cash received for renewal
premiums without deduc
tions for commissions or
other expenses 1290612 69
2J Premium notes loans or
liens taken in part payment
for renewal premiums
3 From dividends applied to
pay running premiums
Total 1778617
7 Total premium income
8 Cash received for interest on mortgage
loans
9 Cash received for interest on bonds owned
and dividends on stock
10 Cash received for interest
notes loans or liens
11 Cash received for interest on other debts
due the company
12 Cash received as discount on claims paid in
advance
13 Cash received for rents for use of companys
property including 30000 for companys
own occupancy
67862 04
22 591 90
15
on premium
1778617 15
14729 32
7423 01
7968 36
17283 21
177 86
61422 46COMPTROLLERGENERALS REPORT
185
14 Cash received for profits on sales of bonds
or stocks 3500
19 From all other sources viz Fees for alter
ations of policies
Medical examiners fees paid by appli
cants
Total income
3500 00
384 75
2745 09
18 4251 21
Total 39046339
HIDISBURSEMENTS DURING TEAR 1898
J Cash paid for death claims
including revisionary addi
tions
5 Cash paid for sums falling
due during the year on in
stallment policies
840952 10
200 00
841152 10
25000 00
Total
6 Deduct amount received from
other companies for losses
or claims on policies of this
company reinsured of
which is for matur
ed endowments
7 Total net amount actually paid for losses
and matured endowments
11 Cash dividends applied to pay running pre
miums
13 Surrender values paid in cash
Advance payments returned to rejected
applicants
Total paid policyholders 917982 38
17 Cash paid for commissions and bonuses to
agents less commission on reinsurance
new policies 22106190 renewals 81
01687
18 Cash paid for salaries and allowances to
managers and agents
Cash paid for medical examiners fees 30
69428 inspection of risks 1050028
Cash paid for salaries and all other com
pensation of officers and other home of
fice employees
21 Cash paid for taxes on new premiums
155192 on renewals 518784
22 Cash paid for taxes on reserves on
investments 1312399 war taxes 6
78667
Cash paid for insurance department fees
and agents licenses 984263 municipal
licenses 44926
Cash paid for rent including 30000 com
panys occupancy
19
20
23
24
816152 10
22596 90
52625 02
26608 36
302081 77
53592 58
41194 56
105152 78
6739 76
19910 61
10291 89
48903 67186 COMPTROLLERGENERALS REPORT
26 Cash paid for furniture fixtures and safes
for home and agency offices 1080 83
27 Cash paid for advertising 881930 print
ing 17854 99 26674 29
28 Cash paid for real estate expenses other
than taxes 1047705 for legal expenses
S00381 1M80 ge
29 Cash paid for the following items viz
losses on real estate 63217 janitorf uel
etc 57854 legislation 69149 library
12829 postage 1275263 sundry ex
penses 255575 traveling expenses
1768515 expressage and telegrams
297959 total miscellaneous expenses 673087 21
30 Total disbursements 1 595 Qgg 5g
31 Balance 2309393 80
IVASSETS AS PER LEDGER ACCOUNTS
1 Cost value of real estate exclusive of all
incumbrances 1 170 2 5 75
2 Loans on mortgage first liens on real es
tate 2370S0 30
3 Loans secured by pledge of bonds stocks
or other marketable collaterals 76287 16
4 Loans made in cash to policyholders on
this companys policies assigned as col
lateral 100124 12
5 Premium notes loans or liens on policies in
force of which 6777004 was received
during the year 67862 04
6 Cost value of bonds and stocks owned ex
cluding accrued interest at time of pur
chase 301255 95
7 Cash in companys office 4 t g
8 Cash deposited in banks 112221 48
9 Bills receivable 14 006 17
10 Agents ledger balances 199985 99
Due from Minnesota Loan Trust Co
738150 Citizens Mutual Life Insur
ance Co 1755260 24934 10
Supplies 270564 suspended banks
44580 3151 44
11 Total net or ledger assets as per balance
above 2311392 66
Deduct ledger liabilities 199s 86
12 Deduct depreciation from cost of assets to
bring same to market value 2309393 80
13 Total net or ledger assets less deprecia
tion 2309393 80COMPTROLLERGENERALS REPORT
187
14
15
16
19
20
21
26
28
5
7
11766 17
102400 33
3373 22
243 27
Other Assets
Interest due 331675 and accrued 4
16882 on mortgages 7485 57
Interest due and accrued 286248 on
bonds and stocks 2862 48
Interest due and accrued 11550 on
collateral loans 115 30
Rents due and accrued 130262 1302 62
Total carried out
Market value of real estate over cost
Market value of bonds and stocks over cost
Net amount of uncollected and deferred
premiumson limited payment policies
only renewals 7124327
Total assets as per the books of the company 2498176 79
Items not admitted
Agents balances 147556 59
Bills receivable 14006 17
8 Supplies printed matter and stationery 2705 64
Suspended banks 445 80
Total 164714 20
9 Total assets less items not admitted 2333462 59
VLIABILITIES
1 Net present values of all outstanding poli
cies in force on the 31st day of December
1898 computed according to The Actu
aries Table of Mortality with four per
cent interest 1563005 00
Deduct net value of risks of this com
pany reinsured in other solvent com
panies
Net reinsurance reserve
3 Claims for death losses due and unpaid
5 Claims for death losses and matured en
dowments in process of adjustment or
adjusted and not due
6 Claims for death losses and other policy
claims resisted by the company
8 Present value of unpaid amounts on ma
tured installment policies face 13
80000
Total policy claims
Amount due on account of salaries rents and office ex
penses
Amount of any other liability of the company viz
Premiums paid in advance
Liabilities on policyholders account
1686 55
10000 00
119319 90
41000 00
11600 16
1561318 45
13
16
17
181920 06
1695 74
1576 26
1746510 51
586 952 08
18 Gross surplus on policyholdersaccount
19 Total liabilities 2333462 59188 COMPTROLLERGENERALS REPORT
Business in Georgia during 1898
No Amount
Number and amount of policies on the lives of citi
zens of Georgia in force December 31st of pre
vious year 11C1 2286503 90
Number and amount of policies on the lives of citi
zens of Georgia issued during the year 188 392835 50
Total 1289 2679339 40
Deduct number and amount which have ceas
ed to be in force during the year 249 419 446 90
Total number and amount of policies in force
in Georgia December 31 18 8 1040 259892 50
Amount of losses and claims on policies in Georgia
unpaid December 31st of previous year 2 15000 00
Amount of losses and claims on policies in Georgia
incurred during the year 16 40000 00
Total 18 55000 00
Amount of losses and claims on policies in Georgia
paid during the year 47500 sealed 150000 17 52000 00
What amount of premiums was collected or secured in Georgia during the
year in cash and notes or credits without any deduction Mr losses divi
dends commissions or other expenses Answr Cash 5227804 notes
or credits total 5227804
BUSINESS IN GKORGIA JMR TEAR KNDIXG APRIL 30 1899
Risks 2219970 50
Premiums 52 665 99
Losses 47000 00
Tax 526 66
GERMANIA LIFE INSURANCE COMPANY NEW YORK N Y
ICAPITAL STOCK
1 Amount of capital stock paid up in cash 200000 00
Amount of net or ledger assets Dec 31 of previous year 22854252 57
IIINCOME DURING THE YEAR 1898
1 Cash received for premiums on
new policies without deduc
tions for commissions or other
expenses 376752 35
1 Cash received for renewal pre
miums without deductions for
commissions or other expenses 2630836 30
3 From dividends applied to pur
chase paidup additions and
annuities 28886 66COMPTROLLERGENERALS REPORT
189
4 From surrender values applied
to purchase paidup insurance
and annuities 140239 48
5 Consideration for annuities other
than matured installment pol
icies 12323 96
Total 3189038 75
Deduct amount of premiums paid
to other companies for rein
surance on policies in this
compy new business 25050
renewals 748180 7732 30
72369 58
4430 66
Total premium income 3181306 45
Cash received for interest on mortgage loans 611387 12
Cash received for interest on bonds owned
and dividends on stock 286119 86
Cash received for interest on premium notes
loans or liens
Cash received for interest on other debts due
the company
Cash received for rents for use of companys
property including 21760 for companys
own occupancy 14322 46
Cash received for profits on sales of bonds or
stocks real estate 119 65 449 65
From all other souraes viz Policy fees 1956 50
Total income 4304212 28
Total
IIIDISBURSEMENTS DURING YEAR 1898
1 Cash paid for death claims in
cluding revisionary additions 992280 68
3 Cash pd for mutual endowments
and additions thereto 498331 64
7
8
9
10
11
13
14
19
27158494 85
Total net amount actually paid for losses and
matured endowments
8 Cash paid to annuitants
10 Cash dividends paid policyholders on paid
up policies
11 Cash dividends of 1S98 applied to pay running
premiums due in 1898
12 Cash dividends applied to purchase paidup
additions and annuities
13 Surrender values paid in cash
L5 Surrender values applied to purchase paidup
insurance and annuities
16 Cash paid stockholders for interest and div
idends
490612 32
24194 73
10580 01
118132 48
28886 6
281627 32
140239 48
24000 00190
COMPTROLLERGENERALS REPORT
17 Cash paid for commissions and bonuses to
agents less commission on reinsurance
new policies 823658907 renewals 113
0846 on annuities 43577 350108 30
18 Cash paid for salaries and allowances to man
agers and agents 119009 41
19 Cash paid for medical examiners fees
inspection of risks 33881 17
20 Cash paid for salaries and all other compen
sation of officers and other home office em
ployes 101246 06
21 Cash paid for taxes on new premiums and
on renewals 18101 32
22 Cash paid for taxes on reserves 43886 on
real estate 2124801 21686 87
23 Casl paid for insurance department feas and
agents licenses 199510 municipal and
State licenses 320363 5198 73
24 Cash paid for rent including 24760 compa
nys occupancy 24760 00
25 Cash paid for commuting commissions 2577 27
26 Cash paid for furniture fixtures and safes
for home and agency offices 3362 67
27 Cash paid for advertising 1338422 print
ing 985895 postage 116375 24407 42
28 Cash paid for real estate expenses other than
taxes 5295914 for legal expenses 42
60361 55562 75
29 Cash paid for the following items viz Ex
pressage exchange and other expenses
and loss on sales of securities 813650 56241 04
30 Total disbursements 2931 416 01
Balance 24227078 84
Invested in the following
IVASSETS AS PER LEDGER ACCOUNTS
1 Cost value of real estate exclusive of all in
cumbrances 2512146 55
2 Loans on mortgage first liens on real estate13071450 00
4 Loans made in cash to policyholders on this
companys policies assigned as collateral 1250934 44
6 Cost value of bonds and stocks owned ex
cluding accrued interest at time of pur
chase6963600 50
7 Cash in companys office 548678 in transit
14185827 since received 147345 05
8 Cash deposited in banks 281602 30
11 Total net or ledger assets as per balance
above24227078 84
13 Total net or ledger assets less depreciation
24227078 84COMPTROLLERGENERALS REPORT 191
Other Assets
14 Interest due 8750 and accrued 19120834
on mortgages 199958 34
15 Interest accrued 5368459 on bonds and
stocks53684 59
17 Interest due 225707 and accrued 206073
on premium notes loans or liens 4317 80
19 Rents due 1500 and accrued 592916 on
companys property or lease 7429 16
Total 265389 89
20 Market value of real estate over cost 60944 63
21 Market value of bonds and stocks over cost 179896 32
New
Business Renewals
23 Gross premiums due and unreported
on policies in force Dec 31 189855631 43 167723 91
24 Gross deferred premiums on policies
in force Dec 31 189839030 52 296208 40
Totals 94661 95 463932 31
25 Deducting loading 60 per cent on
new and 5 per cent on re
newals 56797 17 23196 62
26 Net amount of uncollected and de
ferred premiums 37864 78 440735 69 478600 47
28 Total assets as per the books of the company 25211910 15
VLIABILITIES
1 Net present value of all the outstanding pol
icies in force on the 31st day of December
1898 computed according to the Actuaries
Table of Mortality with 4 per ct interest21934912 CO
Deduct net value of risks of this company
reinsured in other solvent companies 39929 00
Net reinsurance reserve 21894983 00
3 Claims for death losses due and unpaid 2224 96
4 Claims for matured endowments due and
unpaid 2069 00
5 Claims for death losses and matured endow
ments in process of adjustment or ad
justed and not due 202134 69
6 Claims for death losses and other policy
claims resisted by the company 41913 52
7 Amounts due and unpaid on annuity claims 1668 15
Total policy claims 250010 32
10 Amount of all unpaid dividends of surplus or other
profits due policyholders 34726 82192 COMPTROLLERGENERALS REPORT
16 Amount of any other liability of the company viz Pre
miums paid in advance 707942 and of reserve on pol
icies cancelled and not included in item 1 upon which
a surrender value may be demanded 815237 extra
reserve 7768692 92918 71
17 Liabilities on policyholders account 22272638 85
18 Gross surplus on policyholders account 2939271 30
19 Total liabilities 25211910 15
Business in Georgia During Year 1898
No Amount
Number and amount of policies on the lives of citizens
uf Georgia in force Dec 31 of previous year 77 124883 00
Number and amount of policies on the lives of citizens
of Georgia issued during the year 56 66500 00
Total 133 191383 00
Deduct number and amount of policies which have
ceased to be in force during the year 25 31581 00
Total number and amount of policies in force in Geor
gia December 31 1898 108 159802 00
Amount of losses and claims on policies in Georgia in
curred during the year 2 831 00
Amount of losses and claims on policies in Georgia paid
during the year 2 831 00
BUSINESS IN GEORGIA FOR THE YEAR ENDING APRIL 30 1899
Risks1 165302 00
Premiums 2603 23
Losses 831 0O
Tax 26 03
THE HARTFORD LIFE INSURANCE COMPANY HARTFORD CONN
ICAPITAL STOCK
2 Amount of capital paid up in
cash 250000 00
a Amount of net ledger assets December 31
of previous year 594831 32
Extended at 594831 32
IIINCOME DURING THE YEAR
2 Renewal premiums 1297 66
3 Dividends applied by policyholders to pay
running premiums 346 85
8 Total premium income 1644 51
9 Rent from companys property including
350000 for companys use of own build
ings 13705 04
10 Interest on loans on mortgages of real est 8555 35COMPTROLLERGENERALS REPORT
193
12
1
11 Interest on collateral loans including pre
mium notes loans or liens
Interest on bonds and dividends on stocks
Total rents and interest
From other sources viz profit and loss
account must be itemized Commissions
on reinsurance and nonresident taxes
Transfer from assessment departmt ledger
to stock department ledger securities and
cash representing the balance of annual
dues accumulated on the books of the as
sessment department from 1880 to 1898
inclusive but which by the terms of the
policies and certificates belonged to the
stock department
Total income during the year
3884 73
3974 75
30119 87
1389 51
543506 40
576660 29
Sum of both amounts 1171491 61
IIIDISBURSEMENTS DURING THE YEAR
1 For death claims 1565500
additions 42133 16076 33
Total 16076 33
Total net amount actually paid for losses
and matured endowments 16076 33
8 Dividends paid policyholders less 5631
received for dividends on reinsurances 12473 25
9 Dividends applied by policyholders to pay
running premiums 346 85
11 Surrender values paid 20450 75
Total paid policyholders 4934718
14 Paid stockholders for interest or dividends
amount declared during the year 25
00000 25000 00
15 Commissions and bonuses to agents less
commission received on reinsurances
renewal policies 4238 42 38
21 Taxes on real estate 4574 39
23 Repairs and expenses other than taxes on
real estate 3075 62
24 Rent including 350000 for companys use
of own buildings 3500 00
27 Losses on sales of real estate 5398 75
Total miscellaneous expenses 4159114
Total disbursements
90938 32
Balance 1080553 29
IVLEDGER ASSETS
L a Book value of real estate unincum
bered
2 Mortgage loans on real estate first liens
214402 59
184500 00194
COMPTROLLERGENERALS REPORT
3 Loans secured by pledge of bonds stocks
or other collateral
4 Loans made to policyholders on this com
panys policies assigned as collateral
6 a Book value of bonds excluding inter
est 21716104 stocks 15580358
7 Cash deposited in First National Bank of
Hartford
8 Bills receivable 170000 agents debit bal
ances G P Bessell Co 9005
Deduct ledger liabilitiestotal 1080553 29
Total net ledger assets as per balance above 1080553 2
20000 00
68132 50
372964 62
168713 63
1790 05
NONLEDGEK ASSETS
10 Interest due and accrued 257204
on mortgages
11 Interest due and accrued 527356
on bonds and stocks
12 Interest due and accrued 3440
on collateral loans
15 Rents due and accrued 209968 on
companys property or lease
19 Gross deferred premiums not more than
three months due after a period of grace
unreported on policies outstanding De
cember 31
22 Net amount of all uncollected and deferred
premiums
2572 04
5273 56
34 40
2099 68
Renewals
124 21
124 21
9979 28
124 21
Gross assets 1090656 78
Deduct Assets Not Admitted
4 Bills receivable unsecured
5 Premium notes on loans and net premiums
in item 22 in excess of reserve on policies
7 Depreciation in ledger assetsto bring same
to market value real estate 3825828
bonds and stocks 5587599 other 9005
Total
1700 00
473 00
39224 32
41397 32
Total admitted assets 1049259 46
V NONLEDGER 11 ABILITIES
1 Net present value of all the outstanding
policies in force on the 31st day of De
cember 1898 as computed by the com
pany according to the Actuaries Table of
Mortality with four per cent interest 239182 00
Same for reversionary additions 2896 00
Total 24207S 00COMPTROLLERGENERALS REPORT 195
Deduct net value of risks of this company
reinsured in other solvent companies 0136 00
Net reserve 235942 00
5 Death losses in process of adjustment or
adjusted and not due 4896 CO
Gross policy claims 4896 00
Net policy claims 4896 00
11 Salaries rents expenses taxes bills accounts bonuses
commissions medical and legal fees etc due or ac
crued 2757 98
Liabilities on Policyholders account 243595 98
Gross divisible surplus 555663 48
Capital stock paid up 250000 00
Total 805663 48
15 Surplus accumulated on deferred dividend policies ap
portioned or not 1049259 46
BUSINESS IN GEORGIA FOR YEAR ENDING APRIL 30 1899
Risks 3816500 00
Premiums 79769 63
Losses 37750 00
Tax 797 70
HOME LIFE INSURANCE COMPANY OF NEW YORK NEW YORK
ICAPITAL STOCK
1 Amount of capital stock authorized 125000 0
Subscribed for 125000 00
2 Amount of capital paid up in
cash 125000 00
Amount of net ledger assets December
31 of previous year 9557185 50
Extended at 9557185 50
IIINCOME DURING YEAR
1 First years premiums less in
terest included in deferred
premiums 135312 and
49926 for first years re
insurance 247298 77
2 Renewal premiums less inter
est included in deferred
premiums 713399 and
656489 for renewal rein
surance 1246332 13
3 Dividends applied by policy
holders to pay running pre
miums 1st year premium
renewals 5356356 53563 56196
COMPTROLLERGENERALS REPORT
4 Dividends applied by policy
holders to purchase paid
up additions and annuities 97892 25
6 Surrender values applied to
purchase paidup insur
ance and annuities 68428 00
7 Consideration for annuities
other than matured in
stallment policies 9723 21
8 Total premium income 1723237 92
9 Rents from companys prop
erty including 2400000
for companys use of own
buildings 92525 12
10 Interest on loans on mort
gages of real estate 149973 30
11 Interest on collateral loans
including premium notes
loans or liens 60066 58
12 Interest on bonds and divi
dends on stocks 173235 01
13 Interest on other debts due
the company and on de
posits in banks 3865 25
14 Interest on deferred premi
ums 8487 11
Total rents and interest 488152 37
15 Profit on sale or maturity of securities 675 62
Total income during the year 2212065 91
Sum of both amounts 11769251 41
IIIDISBURSEMENTS DURING THE YEAR
1 For death claims 62187712
additions 838910 630200 22
2 Matured endowments 125
89500 additions 578041 131675 41
Total 701941 63
5 Total net amount actually paid for losses
and matured endowments 701941 63
0 Paid to annuitants 2071 44
8 Received for dividends on reinsurances 3475 94
9 Dividends applied by policyholders to pay
running premiums 53563 56
10 Dividends applied by policyholders to pur
chase paidup additions and annuities 97892 25
11 Received on surrendered reinsurances 121175 19
13 Surrender values applied to purchase paid
up insurance and annuities 68428 00
Total paid policyholders 1126848 01
14 Paiil stockholders for interest or dividends
amount declared during the year 15000 00COMPTROLLERGENERALS REPORT
197
15 Commissions and bonuses to agents less
commission received on reinsurances
new policies 12796101 renewal poli
cies 9509394 on annuities 43288 223490 83
17 Salaries and allowances for agencies in
cluding managers agents and clerks 69918 85
18 Salaries and all other compensation officers
43500 home office employes 4580007 89300 07
19 Medical examiners fees 2106450 inspec
tion of risks 181328 22877 78
20 Taxes on new premiums and on renewal
premiums 1545003 on reserves 75046
municipal and state licenses 131480 17515 29
21 Taxes on real estate 1018074 on other
investments 500 10185 74
22 Insurance department fees and agents li
censes 5692 32
23 Repairs and expenses other than taxes on
real estate 27599 19
24 Rent including 2400000 for companys
use of own buildings 24000 00
25 Advertising 755964 printing and station
ery 1158446 postage 243800 21582 10
26 Legal expenses 482634 4826 34
28 All other items viz profit and loss account
must be itemized Internal revenue 3
56132 traveling expenses 512461 of
fice expenses 472279 13408 72
Total miscellaneous expenses 545397 23
Total disbursements 1672245 24
Balance 10097006 17
IVLEDGER ASSETS
1 Book value real estate unincumbered 1603487 63
2 Mortgage loans on real estate first liens
330355452 3303554 52
3 Loans secured by pledge of bonds stocks
or other collateral 25400 00
4 Loans made to policyholders on this com
panys policies assigned as collateral 487401 73
5 Premium notes on policies in force of
which 181575 is for first years premi
ums 486394 55
6 Book value bonds excluding interest 3
70437767 stocks 26459199 3968969 66
7 Cash deposited in bank 146975 51
8 Bills receivable 2645622 agents debit
balances 4541324 71869 46
Due from fire insurance company on ac
count of authorized expenditures 2953 11
Total 10 097006 17198 COMPTROLLERGENERALS REPORT
NonLedger Assets
10 Interest due and accrued on mortgages 46873 34
11 Interest due and accrued on bonds and
stocks 49997 73
12 Interest due and accrued on collateral
loans 507 22
13 Interest due and accrued on premium notes
loans or liens 1047 31
14 Interest due and accrued on other assets 8133 37
15 Rents due and accrued on companys prop
erty or lease 5301 77 111830 77
16 Market value of real estate over book value 95516 63
17 Market value of bonds and stocks over book
value 145555 5S s Renewals 241072 26
New Businesi
18 Gross premiums not more than three months due after period of grace unreported on policies outstanding December 31 38857 52 82944 94
19 Gross deferred premiums on policies outstanding December 31 18741 32 82152 50
20 Totals 57598 84 165097 44
21 Deduct cost of collection 51J per cent on new 7 310 per cent on renewals 29663 40 11951 75
22 Net amount of uncollected
and deferred premiums 27935 44 153145 89 181031 13
Gross assets 10631020 33
Deduct Assets Not Admitted
3 Agents debit balances not secured by bonds 45413 24
4 Bills receivable unsecured 26456 22
Total 71869 46
Total admitted assets
10559150 87
VNONLEDGER LIAHILITES
1 Net present value of all the outstanding policies in force on the 31st day of December 1898 as computed by the company according to The Actuaries Table of Mortality with four per cent interest Same for revisionary additions Same for annuities including those in reduction of premiums Total 8558366 01 537552 00 207068 00 9302986 00

COMPTROLLERGENERALS REPORT
199
Deduct net value of risks of this com
pany reinsured in other solvent com
panies 16378 00
Net reserve 9286608 00
2 Present value of amounts not yet due on
matured installment policies face 20
50000 included in item 1 of liabilities 15533 00
5 Death losses in process of adjustment or
adjusted and not due 37812 49
6 Death losses which have been reported and
no proofs received 35350 00
7 Death losses and other policy claims resist
ed by the company not yet outlawed 23500 00
Gross policy claims 96662 40
Net policy claims 96662 40
9 Unpaid dividends or other profits due policyholders in
cluding those contingent on payment of outstanding
and deferred premiums 5583 95
12 Premiums paid in advance 10312 50
13 Surrender values claimable on policies canceled whose re
serves are not included in item 1 706 00
Liabilities on policyholders account 9406182 85
Capital stock paid up 1152968 02
Total 10559150 87

Business in Georgia during the year ending Dec 31 1898
No Amount
Number and amount of policies on the lives of citi
zens of said State in force December 31 of pre
vious year 146 411870 00
Number and amount of policies on the lives of citi
zens of said state issued during the year 252 372457 00
Total 784327 00
Deduct number and amount which have ceased
to be in force during the year 159 258453 00

Total number and amount of policies in force
in said state December 31 last 239 525874 00
What amount of premiums was collected or secured in said state during
the year in cash and notes or credits without any deduction for losses
dividends commissions or other expenses Answer Cash 1008 94
Notes or credits 1124159 total 1730053
BUSINESS IN GEOROIA FOR YEAR ENDING APRIL 30 1S99
Risks 57085700
Premiums Ui38 U
Tax 1673S200 COMPTROLLERGENERALS REPORT
IOWA LIFE INSURANCE COMPANY OF SIOUX CITY IOWA
ICAPITAL STOCK
1 Amount of capital stock paid
up in cash 100255 00
Amount of net or ledger assets December 31
of previous year 371353 10
Increase of capital during 1898 255 00
Extended at 371608 10
IIINCOME DURING YEAH 1898
1 Cash received for premiums
on new policies without
deductions for commissions
or other expenses 171604 56
1 Cash received for renewal
premiums without deduc
tions for commissions or
other expenses 148286 72
4 From surrender values ap
plied to pay running
premiums 2960 92
4 From surrender values ap
plied to purchase paidup
insurance and annuities 2522 08
Total 325374 28
6 Deduct amount of premiums
paid to other companies
for reinsurance on poli
cies in this company new
business 101589 renew
als 125611 2272 00
7 Total premium income 323102 28
8 Cash received for interest on mortgage loans 5607 13
10 Cash received for interest on premium
notes loans or liens and collateral
loans 6212 29
11 Cash received for interest on other debts
due the company 4532 76
12 Cash received as discount on claims paid
in advance interest on deferred prem
iums 2189 31
13 Cash received for rents for use of com
panys property 43 01
19 From ail other sources viz policy fees 1270 80
Total income 342957 58
Total 714565 68COMPTROLLERGENERALS REPORT
201
IIIDISBURSEMENTS DURING YEAR 1898
Cash paid for death claims
including revisionary addi
tions
Cash paid for matured en
dowments and additions
thereto
Cash paid for sums falling
due during the year on in
stallment policies
35461 32
6823 64
750 00
13
14
15
16
17
18
19
20
21
22
23
24
26
27
28
Total 43034 96
Total net amount actually paid for loss
es and matured endowtaents
Premium notes loans or liens used in pur
chase of surrendered policies
voided by lapse 142730
Surrender values paid in cash
Surrender values applied to pay run
ning premiums
Surrender values applied to purchase paid
up insurance and annuities
Total paid policyholders 5227450
Cash paid stockholders for interest or
dividends
Cash paid for commissions and bonuses to
agents less commission on reinsurance
new policies 12991645 renewals
1008354
Cash paid for salaries and allowances to
managers and agents
Cash paid for medical examiners fees
1240180 inspection of risks 89790
Cash paid for salaries and all other com
pensation of officers and other holme office
employees
Cash paid for taxes on new premiums and
on renewals 570500
Cash paid for taxes on reserves on
investments 2953
Cash paid for insurance department fees
and agents licenses 123733 municipal
licenses 31913
Cash paid for rent
Cash paid for furniture fixtures and safes
for home and agency offices
Cash paid for advertising 350849 print
ing 332279 postage 161924
Cash paid for real estate expenses otmr
than taxes 5955 for legal expenses
441045
43034 96
1427 30
2329 24
2960 92
2522 08
5000 00
139999 99
33460 84
13299 70
31130 60
5705 00
29 53
1556 46
3252 00
445 82
8450 52
4470 on
202
COMPTROLLERGENERALS REPORT
29 Cash paid for the following items viz
actual services 150000 exchange and
collections 20618 fire insurance 475
miscellaneous expense 45224 tele
grams 27950 telephone 18340 in
ternal revenue 260995 express 20547
Total miscellaneous expenses 25224195
30
Total disbursements
5441 49
304516 45
31
Balance
410049 23
IVASSETS AS PER LEDGER ACCOUNTS
1 Cost value of real estate exclusive of all
incumbrances 800 00
2 Loans on mortgage first liens on real es
estate 17823851 other than first liens
300000 181238 51
3 Loans secured by pledge of bonds stocks
or other marketable collaterals 67989 05
4 Loans made in cash to policyholders on
this companys policies assigned as col
lateral 35111 92
5 Premium notes loans or liens on policies
ln force 15077 61
6 Cost value of bonds and stocks owned ex
cluding accrued interest at time of pur
chase 31000 00
7 Cash in companys office 2055 56
8 Cash deposited in banks 25385 27
9 Bills receivable 16759 77
10 Agents ledger balances of which
was advanced during the year 27280 69
Tax sale certificates 7350 85
11 Total net or ledger assets as per balance
above 410049 23
13
Total net or ledger assets less depreciation
410049 23
Other Assets
14 Interest due 706784 and accrued 3
53852 on mortgages
15 Interest due 41250 and accrued 36667
on bonds and stocks
16 Interest dm 61351 and accrued
on collateral loans
17 Interest due and accrued 171728
on prdmium notes loans or liens
18 Intrst due and accrued 72230
on other assets
10606 36
779 17
613 51
1717 28
722 30COMPTROLLERGENERALS REPORT
203
Total carried out
20 Market value of real estate over cost
23 Gross premiums due and
unreported on policies in
force December 81 1898
24 Gross deferred premiums on
policies in force December
31 1898
Totals
25 Deducting loading 50 per
cent on new and 5 per
cent on renewals
New Business
45924 16
2875 46
48799 62
24399 81
24399 81
26 Net amount of uncollected
and deferred premiums
Extended
27 Furniture fixtures and safes 687273
Renewal
24358 72
12573 75
36932 47
1846 62
35085 85
28 Total assets as per the books of the company
Items Not Admitted
2 Furniture fixtures and safes 687273
5 Agents balances not secured by bonds
7 Bills receivable unsecured
8 Supplies printed matter and stationery
premiums notes or liens and net prem
iums in excess of reserve
6872 73
13699 85
6717 04
7500 00
Total
14438 62
400 00
59485 66
6872 73
491246 24
34789 62
Total assets less items not admitted
456456 62
VLIABILITIES
1 Net present value of all the outstanding
policies in force on the 31st day of De
cember 1898 computed according to The
Actuaries Table of Mortality with four
per cent interest 354524 11
Deduct net value of risks of this com
pany reinsured in other solvent compa
nies 1995 89
Net reinsurance reserve
5 Claims for death losses and matured en
dowments in process of adjustment or
adjusted and not due
6 Claims for death losses and other policy
claims resisted by the company
20500 00
8000 00
352528 22204
COMPTROLLERGENERALS REPORT
8 Present value of unpaid amounts on ma
tured installment policies face 13250 9010 00
9 Amount of trust funds held by the compa
ny 37510 00
Deduct due from solvent companies
for reinsurance 14 729 54
Total policy claims
16 Amount of any other liability of the company viz
premiums paid in advance 296092
Surrender values claimable on policies whose reserves
are not included in item 1
17 Liabilities on policyholders account
18 Gross surplus on policyholders account
19
Total liabilities
22780 46
2960 92
12000 00
390269 60
66187 02
456456 62
VIPREMIUM NOTE ACCOUNT
1 Premium notes loans or Hens on hand De
cember 31 of previous year 16918 62
2 Premium motes loans or liens received
during the year on old policies 257504 2575 04
Total
Deductions during the year as follows
Amount of notes loans or liens voided
by IaPse 1427 30
Amount notes loans or liens redeemed
by maker in cash 2 988 75
Total reduction of premium note account
Balance note assets at end of the year
Business in Georgia During 1898
Number and amount of policies on the lives of citi
zens of Georgia in force December 31 of previous
year
Number and amount of policies on the lives of citi
zens of Georgia issued during the year 49s
Total
512
Deduct number and amount which have erased
to be in force during the year 26
Total number and amount of policies in
force in Georgia December 31 1898 486
19493 66
4416 05
15077 61
Amount
22500 00
933844 18
956344 18
53000 00
903344 18COMPTROLLERGENERALS REPORT
205
Amount of losses and claims on policies in Georgia
incurred during the year
Total
1000 00
1000 00
What amount of premiums was collected or secured in
Georgia during the year in cash and notes or credits
without any deduction for losses dividends commis
sions or other expenses Answer Cash 2000088
total 2000088
BUSINESS IN GEORGIA FOB YEAR ENDING APRIL 30 1899
Risks
Premiums
Losses
Tax
1323083 96
25555 54
3000 00
255 55
ILLINOIS LIFE INSURANCE COMPANY CHICAGO ILLINOIS
ICAPITAL STOCK
1 Amount of capital stock paid up in cash 100000 00
Extended at
100000 00
INCOME DURING THE YEAR
19 From all other sources viz Contributed by stockholders
to surplus fundj
Totalincome 15000 00
nIDISBURSEMENTS DURING YEAR
31 Balance
IVASSETS AS PER LEDGER ACCOUNTS
8 Cash deposited in banks
Deposited with State Insursnce Department Springfield
Illinois
25000 00
125000 00
25000 00
100000 00
11 Total net ledger assets as per balance above 125000 0O
BUSINESS IN GEORGIA FOR YEAR ENDING APBIL 30 1899
Risks
Premiums
Tax
110500 00
2509 11
25 m206 COMPTROLLERGENERALS REPORT
THE MANHATTAN LIFE INSURANCE COMPANY NEW YORK N Y
ICAPITAL STOCK
1 Amount of capita stock paid
up in cash 100000 00
Amount ot net or lodger assets December
31 of previous year 14085722 78
Extended at 14085722 78
IIINCOME DURING YEAR 189S
1 Cash received for premiums
on new policies without de
ductions for commissions or
other expenses 192225 59
IY2 Cash received for renewal
premiums without deduc
tions for commissions or
other expenses 1537681 00
3 Prom dividends applied to
pay running premiums 28425 77
3 From dividends applied to
purchase paidup additions
and annuities 1474 33
4 From surrender values ap
plied to purchase paidup
insurance and annuities 83241 10
5 Consideration for annuities
other than matured install
ment policies 14873 43
Total 1857921 22
6 Deduct amount of prem
iums paid to other compa
nies for reinsurance on
policies in this company
new business 267400 re
newals 852683 11200 83
7 Total premium income 1846720 39
8 Cash received for interest on mortgage
oans 249678 15
9 Cash received for interest on bonds owned
and dividends on stock 178486 09
10 Cash received for interest on premium
notes loans or liens 50 9gg 23
11 Cash received for interest on other debts
due the company 33 ggg 75
13 Cash received for rents for use of com
panys property including 50000 for
companys own occupancy 194220 56COMPTROLLER GENERALS REPORT
207
16 From dividends and surrender values on
reinsurances
17 Premium notes loans or liens restored by
revival of policies
437 12
752 64
Total income 2554969 93
Total 16640692 71
IIIDISBURSEMENTS DURING YEAR 1898
1 Cash paid for death claims
including revisionary addi
tions 1087382 07
3 Cash paid for matured en
dowments and additions
thereto 137523 00
Total
1224905 07
8
9
Total net amount actually paid for
losses and matured endowments
Cash paid to annuitants
Premium notes loans or liens used dn pur
chase of surrendered policies
voided by lapse 1573320
Cash dividends paid policyholders
Cash dividends applied to pay running
premiums
Cash dividends applied to purchase paidup
additions and annuities
13 Surrender values paid in cash
15 Surrender values applied to purchase paid
up insurance and annuities
Total paid policyholders 157733739
10
11
12
1224
13
905 07
585 15
733 20
476 60
28425 77
1
193
474 33
496 17
83241 10
16 Cash paid stockholders for interest or
dividends 20000 00
17 Cash paid for commissions and bonuses to
agents less commission on reinsurance
new policies 11192466 renewals 98
92032 annuities 74125 211586 23
18 Cash paid for salaries and allowances to
managers and agents 55555 12
19 Cash paid for medical examiners fees 34
85590 inspection of risks 377720 38633 10
20 Cash paid for salaries and all other com
pensation of officers and other home of
fice employees 100348 23
21 Cash paid for taxes on premiums 14
96433 14964 33
22 Cash paid for taxes on reserves 190788208 COMPTROLLERGENERALS REPORT
on real estate 2837876 30286 64
23 Cash paid for insurance department fees
and agents licenses 195286 municipal
and State licenses 396289 5915 75
24 Cash paid for rent including 50000 com
panys occupancy fr4361 02
26 Cash paid for furniture fixtures and safes
for home and agency offices 54 43
27 Cash paid for advertising 1721489 print
ing and stationery 674205 postage 6
01221 29969 15
28 Cash paid for real estate expenses other
than taxes 5477215 for legal expenses
1449375 69265 90
29 Cash paid for the following items viz
Loss on securities temporary loans 6440 63
Sundry office and agency expenses 19
00016 U S Revenue taxes 403416 23034 32
Total miecel expenses 67041485
30 Total disbursements 2247752 24
31 Balance 14392940 47
Invested in the following
IVASSETS AS PER LEDGER ACCOUNTS
1 Cost value of real estate exclusive of all
incumbrances 3621554 16
2 Loans on mortgage first liens on real es
tate 4775273 74
3 Loans secured by pledge of bonds stocks
or other marketable collaterals 1176153 40
4 Loans made in cash to policyholders on
this companys policies assigned as col
lateral 424975 40
5 Premium notes loans or liens on policies
in force of which 53S952 was received
during the year 453448 40
6 Cost value of bonds and stocks owned
excluding accrued interest at time of pur
chase 3487663 61
7 Cash in companys office 3201 44
8 Cash deposited in banks 450670 32
13 Total net or ledger assets less depreciation 14392940 47
Other Assets
14 Interest due 75S50 and accrued 90
0S842 on mortgages 90846 92
15 Interest due and accrued on bonds and
stocks 3737 50COMPTROLLERGENERALS REPORT
20
16 Interest due and accrued on collateral
loans
17 Interest due and accrued on premium notes
loans or liens
18 Interest due and accrued on other assets
19 Rents due and accrued on companys prop
erty or lease
5192 19
16665 36
1807 62
12233 35
Total carried out
20 Market value of real estate over cost
21 Market value of bonds and stocks over cost
23 Gross premiums due and un
reported on policies in force
December 31 1898
24 Gross deferred premiums on
policies in force December
31 1898
Totals
25 Deducting cost of collection
55 per cent on new and
7 per cent on renewals
New Buiie s
ReiuwaE
111134 56 104803 34
4462 00
115596 56
63578 11
91852 Oft
196655 34
14749 x5
26 Net amount of uncollected
and deferred premiums 52018 45 181906 19
Extended
27 Commuted commissions 15510225
Agents balances 6106346 of this amount 1482810
has been paid in cash since January 1st
130482 94
360726 34
204486 14
233924 64
155102 25
61063 46
28 Total assets as per the books of the company
Items not Admitted
3 Commuted commissions 155102 25
5 Agents balances 6106346 less amount
paid 46235 36
15538726 24
Total
Total assets less items not admitted
201337 61
15337388 63
r LIABILITIES
1 Net present value of all the outstanding
policies in force on the 31st day of Decem
ber 1898 computed according to The
Actuaries Table of Mortality with four
per cent interest 13751187 00210 COMPTROLLERGENERALS REPORT
Deduct net value ot risks of this com
pany reinsured in other solvent com
panies 11207 00
Net reinsurance reserve 13739980 00
3 Claims for death losses which have been
reported and no proofs received 47522 00
4 Claims for matured endowments due and
unpaid 4075 00
5 Claims for death losses in process of ad
justment or adjusted and not due 87901 30
6 Claims for death losses and other policy
claims resisted by the company 67967 00
Total policy claims 207465 30
10 Amount of all unpaid dividends of surplus or other prof
its due policyholders 16703 84
16 Amount of any other liability of the company viz
Premiums paid in advance 1093551 liability on lapsed
policies 457600 15511 51
Commission due to agents on premium notes when paid 6156 09
17 Liabilities on policyholders account 13985816 ii
18 Gross surplus on policyholders account 1351571 89
19 Total liabilities 15337388 63
VIPREMIUM NOTE ACCOUNT
1 Premium notes loans or lions on hand De
cember 31 of previous year 496851 23
2 Premium notes loans or liens received
during the year on new policies
on old policies 141823 06
Total 638674 29
Deductions during the year as follows
Amount of notes loans or liens used in
payment of losses and claims 33229 33
Amount of notes loans or liens used in
purchase of surrendered policies 12165 98
Amount of notes loans or liens voided
by lapse 15733 20
Amount of notes loans or liens used in
payment of dividends to policyhold
ers 833 81
Amount of notes loans or liens re
deemed by maker in cash 123263 57
Total reduction of premium note account 185225 89 185225 89
Balance note assets at end of the year 453448 40COMPTROLLERGENERALS REPORT 211
Business m Georgia During 1898
Ko Amount
Number and amount of policies on the lives of citi
zens of Georgia in force December 31 of prevous
year 876 1971152 00
Number and amount of policies on the lives of citi
zens of Georgia issued during the year 39 74222 00
Total 915 2045374 00
Deduct number and amount which have ceased
to be in force during the year 67 153570 00
Total number and amount of policies in force
in Georgia December 31 1898 848 1891804 00
Amount of losses and claims on policies in Georgia
incurred during the year 10 24170 00
Total 10 24170 00
Amount of losses and claims on policies in Georgia
paid during the year 10 24170 00
What amount of premiums was collected or secured in Georgia during
the year in cash and notes or credits without any deduction for losses
dividends commissions or other expenses Answer Cash Notes
or credits total 5193968
BUSINESS IN GEOKGIA POP YEAR ENDING APRIL 30 1899
Risks 2065497 00
Premiums 5448 05
Losses 10450 00
Tax 504 48
MARYLAND LIFE INSURANCE COMPANY BALTIMORE MD
ICAPITAL STOCK
1 Amount of capital stock paid
up in cash 100000 00
Amount of net or ledger assets Dacember
31 of previous year 1812842 61
Less aocounts discharged Debit balance
against certain former agents and over
due interest coupons included in sale
of bonds 520829 and account charged
off last year and subsequently paid
5145 5156 84
Extended at 1807685 T212 COMPTROLLERGENERALS REPORT
II INCOME DURING YEAR 1S98
1 Cash received for premiums
on new policies without
deductions for commissions
or other expenses 200146 31
Yz Cash received for renewal
premiums without deduc
tions for commissions or
other expenses 20014G 31
2 Premium notes loans or
liens taken in part pay
ment for renewal premiums 669 00
3 From dividends applied to
pay running premiums 12412 85
3 From dividends applied to
purchase paidup additions
and annuities 1292 41
4 From surrender values ap
plied to pay running prem
iums 714 40
5 Consideration for annuities
other than matured install
ment policies 1154 56
Total 216389 53
6 Deduct amount of prem
iums paid to other compa
nies for reinsurance on
policies in this company
new business 164707
renewals 631134 7958 41
7 Total premium income 208431 12
8 Cash received for interest on mortgage
loans 17190 67
9 Cash received for interest on bonds owned
and dividends on stock 53546 92
10 Cash received for interest on premium
notes loans or liens 1118 98
11 Cash received for interest on other debts
due the company 3813 86
13 Cash received for rents for use of com
panys property 10303 47
14 Cash received for profits on sales of bonds
or stocks 544389 5443 89
16 From surrender values on reinsurances 589 08
Total income 300438 59
Total 2108124 36COMPTROLLERGENERALS REPORT
IIIDISBURSEMENTS DURING YEAR 1898
1 Cash paid for death claims
including revisionary addi
tions H4045 97
2 Premium notes loans or
liens used in payment of
the same 676 00
3 Cash paid for matured en
dowments and additions
thereto 16303 00
Total 131024 97
6 Deduct amount received from
other companies for losses
and matured endowments 5500 00
213
7 Total net amount actually paid for losses
and matured endowments 125524 97
8 Cash paid to annuitants o57 16
9 Preminum notes loans or liens used in
purchase of surrendered policies
voided by lapse 189200 and premium
notes charged off 60758 2499 58
9V2 Premium notes loans or liens used in
payment of dividends to policyholders 488 08
10 Cash dividends paid to policyholders 366 24
11 Cash dividends applied to pay running
premiums see item 3 income 11924 77
12 Cash dividends applied to purchase paid
up additions and annuities see item
3y2 Income I292 4i
13 Surrender values paid in cash 10938 72
14 Surrender values appliedto pay running
premiums see item 4 Income 714 40
Returned premiums 09 1
16 Cash paid stockholders for interest or divi
dends 6000 00
17 Cash paid for commissions and bonuses to
agents less commission on reinsurance
new policies 1702794 renewals 8
42163 on annuities 5165 25501 22
18 Cash paid for salaries and allowances to
managers and agents 6423 73
19 Cash paid for medical examiners fees 2
79300 2793 00
20 Cash paid for salaries and all other com
pensation of officers and other home
office employees 22516 61
21 Cash paid for taxes on new premiums
35168 on renewals 111211 1463 79214
COMPTROLLERGENERALS REPORT
22 Cash paid on investments 5 on real es
tate 306473 3069 73
23 Cash paid for insurance department fees
and agents licenses 43023 municipal
licenses 123362 1663 85
24 Cash paid for rent including 67000 com
panys occupancy less 11000 received
under sublease 560 00
27 Cash paid for advertising 145866 print
ing 116404 2622 70
28 Cash paid for legal expenses 121583 1215 83
29 Cash paid for the following items viz
postage 77701 Are insurance account
29433 library bureau 53925 sundry
expenses 365080 war tax account
27893 examination expense account
41900 loss on securities sold etc 10
93225 16941 S7
30 Total disbursements 245287 67
31 Balance 1862836 69
Invested in the following
IVASSETS AS PER LEDGER ACCOUNTS
1 Cost value of real estate exclusive of all
incumbrances 226254 60
2 Leans on mortgage first liens on real es
tate 262459 33
3 Loans secured by pledge of bonds stocks
or other marketable collaterals 18000 00
4 Loans made in cash to policyholders on
this companys policies assigned as col
lateral 53004 00
5 Premium notes loans or liens on policies
in force of which about 65000 is for
first years premiums 19145 68
6 Cost value of bonds and stocks owned
excluding accrued interest at time of
purchase 1166
7 Cash in companys office
8 Cash deposited in banks and in trust com
panies 95
9 War premium loans
10 Agents ledger balances 3
Dividends and interest due in January
236520 interest etc in default on
mortgages 84786 3213 06
Open accounts and judgments secured
1356938 suspended accounts 6999
coupon accounts 1500 office furni
ture 65777 15797 14
390 39
950 24
051 29
775 00
782 26
COMPTROLLERGENERALS REPORT 215
11 Total net or ledger assets as per balance
above I864822
12 Deduct ledger liabilities agents credit
balance 92918 and other 105712 1986 30
13 Total net or ledger assets less depreciation 1862836 69
Other Assets
14 Interest due and accrued 461013 on mort
4610 18
gages
15 Interest due and accrued 545882 on
bonds and stocks 5458 82
16 Interest due and accrued 40914 on col
lateral loans 409 14
18 Interact due and acarued 41558 on other
assets 41558
19 Rents due 97232 and accrued on com
panys property or lease 972 32
Total carried out U866 04
21 Market value of bonds and stocks over cost 78591 29
23 Gross premiums due and unreported on
policies in force December 31 1898 12727 54
24 Gross deferred premiums on policies in
force December 31 1898 18214 54
Total 30942 08
25 Deducting loading 20 per cent on new
and 20 per cent on renewals 6138 42
6 Net amount of uncollected and deferred
premiums 24753 66
Extended 24753 66
28 Total assets as per the books of the company 1978047 68
Items Not Admitted
Judgments and open accounts 1356938
furniture 65777 14227 i5
5 Agents balances 3782 26
7 Suspended accounts and overdue coupons 1569 99
8 Depreciation in real estate 45o4 60
Total 2413400
Less ledger liabilities deducted above 1986 30 22147 0
9 Total assets less items not admitted 1955899 9218
COMPTROLLERGENERALS REPORT
VLIABILITIES
1 Net present value of all the outstanding
policies in force on the 31st day of De
cember 1898 computed according to The
Actuaries Table of Mortality with four
per cent interest 1648064 00
Deduct net value of risks of this company
reinsured in other solvent companies 28249 00
Net reinsurance reserve 1619815 00
3 Claims for death losses due and unpaid un
claimed 2031 98
4 Claims for matured endowments due and
unpaid unclaimed 219 66
5 Claims for death losses and matured en
dowments in process of adjustment or
adjusted and not due 25802 33
6 Claims for death losses and other policy
claims awaiting proof 10098 81
Claims for death losses awaiting receipts 790 76
Total policy claims 33943 54
Deduct reinsurance 2000 00 36943 54
10 Amount of all unpaid dividends of surplus or other de
scription of profits due policyholders 4460 37
11 Amount of unpaid dividends to stockholders 1 20
16 Amount of any other liability of the company viz prem
iums paid in advance 88308 special reserve for war
risks 89500 other indebtedness 109010 286S IS
17 Liability on policyholders account 1664088 29
18 Gross surplus on poicyholders account 291811 69
19 Total liabilities 1955899 98
20 Estimated surplus accrued on ton
tine or other policies the profits
upon which are especially reserved
for that class of policies 63740 42
21 Estimated surplus accrued on all
other policies 2280712
VI PREMIUM NOTE ACCOUNT
1 Premium notes loans or liens on hand De
camber 31 of previous year 17649 14
2 Premium notes loans or liens received
luring the year on old policies 77465 774 65
Total
1S42S 79COMPTROLLERGENERALS REPORT
217
Deductions during the year as follows
Amount of notes loans or liens used in
payment of losses and claims
Amount of notes loans or liens voided
by lapse
Amount of notes loans or liens used in
payment of dividends to policyhold
ers
Amount of notes loans or liens re
deemed by maker in cash
Total reduction of premium note account
Balance note assets at end of the year
Business in Georgia During 1898
676 00
1892 00
488 OS
19 00
2075 OS
1534S 71
No
Number and amount of policies on the lives of citi
zens of Georgia in force December 31 of pre
vious year estimated
Number and amount of policies on the lives of citi
zens of Georgia issued during the year 71
287
Total
Deduct number and amount which have ceased
to be in force during the year
358
90
AmounL
555270 00
123650 00
673920 00
178380 00
Total number and amount of policies in force
in Georgia December 31 1898 estimated
Amount of losses and claims on policies in Georgia
incurred during the year including one endow
ment
Total
Amount of losses and claims on policies in Georgia
paid during the year
268
6
6
4
500540 00
15380 00
15380 00
11380 00
What amount of premiums was collected or secured in Georgia during
the year in cash and notes or credits without any deduction for losses
dividends commissions or other expenses Answer Cash notes
or credits total 1506634
ISINI SS IN GEORGIA FOR YEAR ENDIVG AIMIII 30 1899
Risks
Premiums
Dosses
Tax
425500 00
15433 43
4000 Ml
154 33218 COMPTROLLERGENERALS REPORT
THE MASSACHUSETTS MUTUAL LIFE INSURANCE COMPANY
SPRINGFIELD MASS
ICAPITAL STOCK
1 Amount of capital stock paid up in cash Extended at 19117443 65
IIIXCOME DUEIXG YEAR 1898
1 Cash received for premiums
on new policies without de
ductions for commissions
or other expenses 588377 17
lVz Cash received for renewal
premiums without deduc
tions for commissions or
other expenses 2864436 33
2 Premium notes loans or
liens taken in part payment
for renewal premiums 163554 80
3 From dividends applied to
pay running premiums see
item 11 Disbursements 424497 98
3 From dividends applied to
purchase paidup additions
see item 12 Disburse
ments 53240 57
4 From surrender values ap
plied to purchase paidup
insurance see item 15 Dis
bursements 7819 00
Total 4101925 85
6 Deduct amount of premiums
paid to other companies
for reinsurance on policies
in this company new busi
ness 1237540 renewals
4648323 58858 63
7 Total premium income 4043067 2
8 Cash received for interest on mortgage
Ioans 378177 68
9 Cash received for interest on bonds owned
and dividends on stock 340939 10
10 Cash received for interest on premium
notes loans or liens including loans on
companys polities and collateral loans 176896 60
11 Cash received for interest on other debts
due the company 15 793 71
12 Cash received at discount on claims paid
in advance 403 74 COMPTROLLERGENERALS J 13 Cash received for rents for use of companys property including 600000 for 1G From dividends and surrender values on 17 Premium notes loans or liens restored REPORT 219 30437 57 13157 76 4911 47

5003784 85

24121228 50
IIIDISBURSEMENTS DURING YE 1 Cash paid for death claims including revisionary additions 1278722 17 ut 1898 1515953 69 66825 99 65088 34 21450 92 426390 85 53240 57 431435 30
2 Premium notes loans or liens used in payment of the same 22107 54 3 Cash paid for matured endowments and additions 4 Premium notes loans or liens used in the payment of same 1942 56
5 Cash paid for sums falling due during the year on installment policies 13777 98
Total 1544103 69 6 Deduct amount received from other companies for lasses or claims on policies of this
7 Total net amount actually paid for losses 9 Premium notes loans or liens used in purchase of surrendered policies and 9 Premium notes loans or liens used in payment of dividends to policyholders 10 Cash dividends paid to policyholders 11 Cash dividends applied to pay running premiums see item 3 Income 42449798 including interest on loan notes 1 892 87
12 Cash dividends applied to purchase paidup additions see item ZVt Income
220 COMPTROLLERGENERALS REPORT
15 Surrender values applied to purchase paid
up insurance see item 4 Income
781900 including interest 119035 9009 35
Total paid policyholders 258939501
17 Cash paid for commissions to agents less
commission on reinsurance new poli
cies 28578547 renewals 22242184 503207 31
18 Cash paid for salaries allowances and trav
eling expenses to managers and agents 75293 08
19 Cash paid for medical examiners fees
4555650 45556 50
20 Cash paid for salaries and all other com
pensation of Officers and other home office
employees 115326 10
21 Cash paid for taxes on new premiums and
on renewals 30132 57
22 Cash paid for taxes on reserves 25
39924 on real estate 706755 32466 79
23 Cash paid for insurance department fees
and agents licenses 1018417 municipal
and State licenses 250714 12691 31
24 Cash paid for rent including 600000 com
panys occupancy less 18900 received
under sublease 28792 74
26 Cash paid for furniture fixtures and safes
for home and agency offices 2041 86
27 Cash paid for advertising 1098962 print
ing and stationery 2250322 postage
and war revenue tax 2945274 62945 58
28 Cash paid for real estate expenses other
than taxes 1250021 for legal expen
ses 791608 20416 29
29 Cash paid for all other items 20315 60
Profit and loss including 4647700 prem
iums on securities purchased 68066 83
Total miscel expenses 51404530
30 Total disbursements 3 611647 6
81 Balance 77777 20509580 88
Invested in the following
IVASSETS As IlOR LEDGER ACCOUNTS
1 Co t value of real estate exclusive of all
incumbrances 490577 45
2 Loans on mortgage first liens on real es
estate 8248271 08
3 Loans secured by pledge of bonds stocks
or other marketable collaterals 245400 00
4 Loans made in cash to policyholders on
this companys policies assigned as col
lateral 1833681 37COMPTRO LLERGENERALS REPORT
221
5 Premium notes loans or Hens on policies
in force of which 16355480 was re
ceived during the year less 623389
given for reinsurance 712966 82
6 Cost value of bonds and stocks owned ex
cluding accrued interest at time of pur
chase 7903116 65
7 Cash in companys office 560 97
8 Cash deposited In banks 1069006 54
13 Total net or ledger assets 20509580 88
Other Assets
14 Interest due 198075 and accrued 118
78340 on mortgages
15 Interest due 525000 and accrued 106
30413 on bonds and stocks
16 Interest due 25973 and accrued 27
24239 on collateral and policy loans
17 Imerest due and accrued 2138900 on
premium notes loans or liens
18 Interest due and accrued 6076 on other
assets
19 Rents due and accrued 412697 on com
panys property or lease
120764 15
111554 13
27502 12
21389 00
60 76
4126 97
Total carried out
21 Market value of bonds and stocks over cost
23 Gross premiums due and in
raported on policies in force
December 31 1898
24 Gross deferred premiums on
policies in force December
31 1898
Totals
25 Deducting loading 20 per
cent on new and 20 per
cent on renewals
26 Net amount of uncollected
and deferred premiums
Extended
Ntw Business
74611 10
76276 60
150887 70
30177 54
Renewals
136748 53
408576 32
545324 85
109064 97
120710 16 436259 88
285397 13
683500 22
556970 04
28 Total assets as per the books of the company 22035448 27222
COMPTROLLERGEXERALS REPORT
VLIABILITIES
1 Net present valus of all the outstanding
policies in force on the 31st day of De
cember 1898 computed according to The
Actuaries Table of Mortality with four
per cent interest 1965315000 rever
sionary additions 26597600 19919126 00
Deduct net value of risks of this company
reinsured in other solvent compan
nies 25901700 less premiums de
ferred and in course of collection 14
42300 244594 00
Net reinsurance reserve 19674532 00
5 Claims for death losses and matured en
dowments in process of adjustment 109721 00
8 Present value of unpaid amounts on matured installment
policies face 15656177 156561 77
Total policy claims 109721 00
10 Amount of all unpaid dividends of surplus or other de
scription of profits due and to become due policyhold
ers 128389 63
16 Amount of any other liability of the company viz
premiums paid in advance 674071 6740 71
17 Liabilities on policyholders account 20075945 11
18 Gross surplus on policyholders account 1959503 16
19 Total liabilities 22035448 27
VI PREMIUM NOTE ACCOIXT
1 Premium notes loans or liens on hand De
cember 31 of previous year 723279 24
2 Premium notes loans or liens received dur
ing the year on old policies 163554 80
Premium notes loans or liens restored by
revival of policies 4911 47
Total 891745 51
Deductions during the year as follows
Amount of notes loans or liens used in
payment of losses and claims 24050 10
Amount of notes loans or liens used in
purchase of surrendered policies and
voided by lapse 66825 99
Amount of notes loans or liens used in
payment of dividends to policyholders 65088 34COMPTROLLERGENERALS REPORT
Amount of notes loans or liens redeemed
by maker in cash
16580 37
Total reduction of premium note account
223
172544 80
Balance note assets at end of the year 719200 71
Business in Georgia During 1898
Number and amount of policies on the lives of citi
zens of Georgia in force December 31 of previous
No
Amount
year
768 2218243 00
Number and amount of policies on the lives of citi
zens of Georgia issued during the year 427 838500 00
Total 1195 3056743 00
Deduct number and amount which have ceased
to be in force during the year 228 475944 00
Total number and amount of policies in force in
Georgia December 31 1898 967 2580799 00
Amount of losses and claims on policies in Georgia
incurred during the year 9 21360 00
Total
21360 00
Amount of losses and claims on policies in Georgia
paid during the year 5 15500 00
What amount of premiums was collected or secured during the year in
cash and notes or credits without any deduction for losses dividends
commissions or other expenses Answer Cash 8439092 notes or
credits 73470 total 8512562
BUSINESS IN GEORGIA FOR YEAR ENDING APEllL 30 1S99
Risks 2928564 00
Premiums 94988 84
Losses 29360 00
Tax 949 88
METROPOLITAN LIFE INSURANCE COMPANY OF NEW YORK
I CAPITAL STOCK
1 Amount of capital stock paid
up in cash 2000000 00
Amount of net or ledger assets December
31 of previous year 35577468 47
Less return to agents in 1898 of bond de
posits 7670 64
Extended at 35569797 83224
COMPTROLLERGENERALS REPORT
IIINCOME DURING YEAR 1S9S
1 Cash received for premiums
on new policies without de
ductions for commissions
or other expenses 2718116 48
1 Cash received for renewal
premiums without deduc
tions for commissions or
other expense 20633103 35
5 Consideration for annuities
other than matured in
stallment policies 21549 86
Total 23372769 69
7 Total premium income 23372
8 Cash received for interest on mortgage
loans
9 Cash received for interest on bonds owned
and dividends on stock
10 Cash received for interest on premium
notes loans or liens
11 Cash received for interest on other debts
due the company
13 Cash received for rents for use of com
panys property including 13841500 for
companys own occupancy
19 From all other sources
372769 69
697993 33
541113 94
60950 74
19820 OS
414912 02
30398 12
Total income 25137957 92
Total 60707755 75
IIIDISBURSEMENTS DURING YEAR 1898
1 Cash paid for death claims
including revisionary addi
tions 7691942 55
Total 7691942 55
7 Total net amount actually paid for losses
and matured endowments 7691942 55
8 Casn paid to annuitants
10 Cash dividends paid policyholders
13 Surrender values paid in cash
Total paid policyholders 841803054
16 Cash paid stockholders for interest or divi
dends
17 Cash paid for commissions and bonuses
to agents less commission on reinsur
ance new policies 77824596 renew
als 292962608 on annuities 58744
2302 50
487314 54
236470 95
140000 00
3705459 48COMPTROLLERGENERALS REPORT
225
18 Cash paid for salaries and allowances to
managers and agents 2218644 08
19 Cash paid for medical examiners fees
24592465 inspection of risks 237
74008 483664 73
20 Cash paid for salaries and all other com
pensation of officers and other home office
employees 1185 in number 1011795 06
21 Cash paid for taxes on new premiums and
on renewals 18059532 internal reve
nue 4313225 223727 57
22 Cash paid for taxes on reserves 6
37462 on investments 11059 on real
estate 4772462 54209 83
23 Cash paid for insurance department fees
and agents licenses 2696634 municipal
licenses 621761 33183 95
24 Cash paid for rent including 13841500
companys occupancy 261526 99
25 Cash paid for commuting commissions 1074074 92
26 Cash paid for furniture fixtures and safes
for home and agency offices 63600 44
27 Cash paid for advertising 1825833
printing and stationery 28878476 post
age expressage exchange telegraph
8142226 388465 35
28 Cash paid for real estate expenses other
than taxes 11948171 for legal and
investigation expenses 9002040 209502 11
29 Cash paid for the following items viz
Fire insurance 231255 directors and
committees 228500 4597 55
Traveling expenses supts supervisors
inspectors etc 11345040 agents
surety bond 1131356 branch office
expenses 16691016 291674 12
General home office expenses 8407152
Total miscel expenses 1025119770
30 Total disbursements 18669228 24
31 Balance 42038527 51
Invested in the folowing
IVASSETS AS PER LEDGER ACCOUNTS
1 Cost value of real estate exclusive of all
incumbrances 8833619 99
2 Loans on mortgage first liens on real es
tate 16250725 00226
4
5
6
7
10
11
13
COMPTROLLERGENERALS REPORT
Loans made in cash to policyholders on
this companys policies assigned as col
lateral 62719 94
Premium notes loans or liens on policies
in force 494936 80
Cost value of bonds 1221822491 and
stocks 133600057 owned excluding
accrued interest at time of purchase 13554225 48
Cash in companys office 244147 80
Cash deposited in banks National Shoe
and Leather Bank N Y 116101946
Hamilton Trust Co Brooklyn 472
58820 Metropolitan Trust Co N Y
40219156 1st Natl Bank Bay City
Mich 100000 Vermily Co Bank
ers N Y 50093698 2537736 20
Agents ledger balances 10416 30
Total net or ledger assets as per balance
above 42038527 51
Total net or ledger assets less depreciation 42038527 51
Other Assets
14
15
17
18
19
21
Interest due 4921349 and accrued 227
51273 on mortgages 276726 22
Interest due 2046875 and accrued 93
05461 on bonds and stocks 113523 36
Interest due 7486 and accrued 25463
on premium notes loans or liens 329 49
Interest due 10250 and accrued 10
82708 on other assets 10929 58
Rents due 1274773 and accrued 3
09264 on companys property or lease 15840 37
Total carried out
Market value of bonds and stocks over cost
417349 02
398811 52
23 Gross premiums due and un
reported on policies in
force December 31 1898
24 Gross deferred premiums on
policies in force December
31 1898
New Business
126612 86
Totals
25 Deducting loading 49 per
cent on new and 9 per
cent on renewals 240571 95
Rtnewals
82397 08
364350 30 360993 52
490963 16 443390 60
42122 11H
COMPTROLLER GENERALS REPORT 227
26 Net amount ot uncolleeted
and deferred premiums 250391 21 401268 49
Industrial premiums 18
92006 less 15 per cent 16082 06
Extended 667741 76
28 Total assets as per the books of the company 43522429 81
Items Xot Admitted
5 Agents balances 10416 30
Premium notes or loans and net prem
iums in Item 22 in excess oE reserve
on policies 237106 15
Total 247522 45
9 Total assets less items not admitted 43274907 36
VLIABILITIES
Net present value etc for annuities 28803 00
1 Net present value of all the outstanding
policies in force on the 31st day of De
cember 1898 computed according to The
Actuaries Table of Mortality with four
per cent interest 33481058 00
33509861 00
Deduct net value of risks of this company
reinsured in other solvent companies 2688 00
Net reinsurance reserve 33507173 00
3 Claims for death losses which have been
reported and no proof received 64325 00
5 Claims for death losses and matured en
dowments in process of adjustment or
adjusted and not due 97896 92
Total policy claims 162221 92
10 Amount of all unpaid dividends or surplus or other de
scription of profits due policyholders 21752 04
13 Amount due on account of salaries rents and office ex
panses 127788 70
16 Amount of any other liability of the company viz
Premiums paid in advance 11996816 agents bond
deposits 4518488 165153 04
Special reserve 1831577 00
Surplus set aside for dividends to policyholders 1899
70000000 balance surplus 675924166228 COMPTROLLERGENERALS REPORT
17 Liabilities on policyholders account 35815665 70
18 Gross surplus on policyholders account 745924166
19 Total liabilities 43274907 3K
Business in Georgia During 1898
No Amomt
Number and amount of policies on the lives of citi
zens of Georgia in force December 31 of pre
vious year 415 473012 00
Number and amount of policies on the lives of citi
zens of Georgia issued during the year 558 548734 00
Ttal 973 1021746 00
Deduct number andamount which have ceased
to be in force during the year 238 236000 00
Total number and amount of policies in force
in Georgia December 31 1898 685 785746 00
Amount of losses and claims on policies unpaid De
cember 31 of previous year 1 2500 00
Amount of losses and claims on polioies in Georgia
incurred during the year 3 1105 72
Total 4 3695 72
Amount of losses and claims on policies in Georgia
paid during the year 2 605 72
BUSINESS IN GEORGIA FOR YEAR ENDING APRIL 30 1899
Bisks 3891270 00
Premiums 124875 31
Losses 31300 97
Tax 1248 75
THE MICHIGAN MUTUAL LIFE NSUK ANCE COMPANY DETROIT
MICHIGAN
ICAPITAL STOCK
1 Amount of capital stock paid
up in cash 250000 00
a Amount of net or ledger assets December
31 of previous year 5423386 72
b Deduct on account of unadmitted assets
bills receivable charged out 8953 45
Extended at K414 433 27COMPTROLLERGENERALS REPORT
229
IIINCOME DURING YEAR 1898
1 Cash received for premiums
on new policies without de
ductions for commissions or
other expenses 152744 49
li Cash received for renewal
premiums without deduc
tions for commissions or
other expenses 691074 13
2 Premium notes loans or liens
taken in part payment for
premiums on new policies 12703 27
2 Premium notes loans or
liens taken in part payment
for renewal premiums 157572 30
3 From dividends applied to pay
running premiums 27031 62
3J From dividends applied to
purchase paidup additions
and annuities 15577 17
4 From surrender values ap
plied to pay running pre
miums 0279 92
Total 1062982 90
6 Deduct amount of premiums
paid to other companies for
reinsurance on policies in
this company new business
811305 renewals S10
61396 18727 01
7 Total premium income 1044255 89
8 Cash received for interest on mortgage loans 252721 91
9 Cash received for interest on bonds owned
and dividends on stock 262 50
10 Cash received for interest on premium notes
loans or liens 43010 68
11 Cash received for interest on other debts
due the company 3407 54
13 Cash received for rents for use of companys
property 18108 08
14 Cash received for real estate 484965 all
other 17510 4924 75
16 From dividends and surrender values on re
insurances 851 18
Total income 1367540 53
Total 6781973 80230
COMPTROLLERGENERALS REPORT
IIIDISBURSEMENTS DURING YEAR 1898
1 Cash paid for death claims
including revisionary addi
tions 286910 73
3 Cash paid for matured endow
ments and additions there
to 80163 24
Total 367073 97
Total net amount actually paid for losses
and matured endowments 367073 97
9 Voided by lapse 6795 57
10 Cash dididends paid policyholders 2723 37
11 Cash dividends applied to pay running pre
miums 27031 62
12 Cash dividends applied to purchase paidup
additions and annuities 15577 17
13 Surrender values paid in cash 154962 28
14 Surrender values applied to pay running
premiums 6279 92
Surrender values applied to pay notes on
defaulted policies 40898 79
Surrender values applied to pay interest on
notes of defaulted policies 3748 59
Total paid policyholders 62509128
16 Cash paid stockholders for interest or divi
dends 25000 00
17 Cash paid for commissions and bonuses to
agents less commission on reinsurance
new policies 11397186 renewals 51
50398 165475 S4
18 Cash paid for salaries and allowances to
managers and agents 38854 64
19 Cash paid for medical examiners fees 14073 66
20 Cash paid for salaries and all other compen
sation of officers and other home office
employees 41279 65
21 Cash paid for taxes on new premiums 2
45903 on renewals 1305363 15512 66
22 Cash paid for taxes on real estate 733 22
23 Cash paid for insurance department fees
and agents licenses 178115 municipal
licenses 168260 3463 75
24 Cash paid for rent 11293 75
25 Losses on sales of real estate 31825 97
26 Cash paid for furniture fixtures and safes
for home and agency offices 126591
revenue stamps 314783 4413 74
27 Cash paid for advertising 585647 print
ing 718018 postage 475015 17786 80
8 Cash paid for real estate expenses other
than taxes 803652 for legal expenses
fii53203 14568 55COMPTROLLERGENERALS REPORT
231
29 Cash paid for the following items viz
Profit and loss agents balances S7035
bills receivable 25104 1121 39
Loss on mortgage principal and interest 692 56
General expense recording fees office sup
plies subscriptions etc 12866 26
Total miscellaneous expenses 40506244
30
31
Total disbursements
1030153 72
Balance 5751820 OS
7
8
10
11
13
14
15
16
17
20
21
IVASSETS AS PER LEDGER ACCOUNTS
a Cost value of real estate exclusive of all
incumbrances 507305 87
Loans on mortgage first liens on real es
tate 4402673 28
Loans secured by pledge of bonds stocks or
other marketable collaterals 300 00
Loans made in cash to policyholders on
this companys policies assigned as col
lateral 524037 54
b Premium notes loans or liens on poli
cies in force 91880 43
c Cost value of bonds and stocks owned
excluding accrued interest at time of
purchase 25000 00
Cash in companys office 36475 26
Cash deposited in banks 157937 68
Agents ledger balances 6210 02
Total net or ledger assets as per bal
ance above 5751820 08
Total net or ledger assets less depreciation 5751820 OS
Other Assets
Interest due 5393353 and accrued 71
87677 on mortgages 125810 33
Interest due and accrued 25000
on bonds and stocks 250 00
Interest due and accrued 330 on
collateral loans 3 30
Interest due 634348 and accrued 9
67400 on premium notes loans or liens 16017 48
Interest due and accrued 78000 on
other assets 780 00
Rents due and accrued 262870 oh
companys property or lease 2628 70
Total carried out
Market value of real estate over cost
Market value of bonds and stocks over cost
Due from other companies for losses or claims on policies
of this company reinsured
145489 81
10514 18
1375 00
12583 32Ziii
COMPTROLLERGENERALS REPORT
23 Gross premiums due and un
reported on policies in force
December 31 189S
24 Gross deferred premiums on
policies in force December
31 1898
Totals
25 Deducting loading GO per
cent on new and 6 per
cent on renewals
26 Net amount of uncollected
and deferred premiums
Reserve on resisted death claim
28
New Business
17585 17
5992 07
23577 24
14146 34
9430 90
Renewals
27524 23
27415 38
54939 61
3296 37
51643 24
61074 14
2369 00
Total assets as per the books of the company 5985225 53
Items Xot Admitted
5 Agents balances not secured by bond 4431 93
VLIABILITIES
1 Net present value of all the outstanding
policies in force on the 31st day of De
cember 1S9S computed according to the
Actuaries Table of Mortality with four
per cent interest 5545502 00
Net reinsurance reserve 5 545 5Q0 00
2 Premium notes in excess of the net value
of their polices
3 Claims for death losses due and unpaid
6 Claims for death losses and other policy
claims resisted by the company
2101 96
34 60
16375 00
Total policy claims
10 Amount of all unpaid dividends of surplus or other de
scription of profits due policyholders
13 Amount due on account of salaries rents and office ex
penses
16 Amount of any other liability of the company viz pre
miums paid in advance
18511 61
644 77
8275 35
13916 00
17 Liabilities on policyholders account 5586849 73
18 Gross surplus on policyholders account 398375 SO
VIPRBMIfM NOTE ACCOUNT
Premium notes loans or liens on hand De
cember 31 of previous year 96107 64
Premium notes loans or liens received dur
ing the year on new policies S1270307
on old policies 15757230 170 275 57
Total
266383 21COMPTROLLERGENERALS REPORT
233
Amount of notes loans or liens used in pur
chase of surrendered policies 40898 79
Amount of notes loans or liens voided by
lapse 6795 57
Amount of notes loans or liens redeemed
by maker in cash 126808 42
Total reduction of premium note account
Balance note assets at end of the year
Business in Georgia During 1898
No
139
Number and amount of policies on the lives of citizens
of Georgia in force December 31 of previous year
Number and amount of policies on the lives of citizens
of Georgia issued during the year 105
Total 244
Deduct number and amount which have ceased to be in
force during the year 59
Total number and amount which have ceased
to be in force in Georgia December 31 1898 185
Amount of losses and claims on policies in Georgia in
curred during the year 1
Total 1
Amount of losses and claims on policies in Georgia paid
during the year 1
174502 11
91880 43
Amoun
402421 55
267174 84
669596 39
210253 73
459342 66
10000 00
10000 00
10000 00
What amount of premiums was collected or secured in Georgia during the
year in cash and notes or credits without any deduction for losses
dividends commissions or other expenses
Answer Cash1322889 notes or credits 85102 total 1407991
BUSINESS IN GEORGIA FOR THE YEAR ENDING APRIL 30 U
Risks
Premiums
Losses
Tax
508810 01
14946 48
149 46
MUTUAL BENEFIT LIFE INSURANCE COMPANY NEWARK N J
ICAPITAL STOCK
1 Amount of capital stock paid up in cash
2 Amount of capital subscribed but unpaid
Amount of net or ledger assets Decem
ber 31st of previous year 61096824 32
Extended at 6106824 32234
COMPTROLLERGENERALS REPORT
IIINCOME DURING YEAH 189S
1 Cash received for premiums
on new polices without de
ductions for commissions
or other expenses 1100701 96
1J Cash received for renewal
premiums without deduc
tions for commissions or
other expenses 5571103 97
2 Premium notes loans or liens
taken in part payment for
premiums on new policies 73 450 97
2J Premium notes loans or
liens taken in part pay
ment for renewal premiums 571882 88
3 From dividends applied to
pay running premiums 1142905 90
3J From dividends applied to
purchase paidup additions
and annuities 332022 91
4 From surrender values appli
ed to pay running premi
ums 15850 33
4 From surrender values ap
plied to purchase paidup
insurance and annuities 243449 31
5 Consideration for annuities
other than matured install
ment policies 106149 02
Total 9158117 25
7 Total premium income 915S117 25
8 Cash received for interest on mortgage
loans 1967335 69
9 Cash received for interest on bonds owned
and dividends on stock 610758 12
10 Cash received for interest on premium notes
loans or liens 274780 32
11 Cash received for interest on other debts
due the company 3S0463 91
12 Cash received as discount on claims paid in
advance ss9 83
13 Cash received for rents for use of companys
property 137384 58
17 Premium notes loans or liens restored by
revival of policies 12876 14
Total income 12542605 40
Total 73 639429 72COMPTROLLERGENERALS REPORT
235
120910 38
303003 04
6795 01
2550 00
IIIDISBURSEMENTS DURING YEAR 1893
1 Cash paid for death claims
including revisionary addi
tions 3379999 03
2 Premium notes loans or liens
used in payment of the
same
3 Cash paid for matured en
dowments and additions
thereto
4 Premium notes loans or liens
used in the payment of the
same
5 Cash paid for sums falling
due during the year on in
stallment policies
Total 3813257 46
7 Total net amount actually paid for losses
and matured endowments
8 Cash paid to annuitants
9 Premium notes loans or liens used in pur
chase of surrendered policies 218
51055 voided by lapse 1879571
9 Premium notes loans or liens used in pay
ment of dividends to policyholders
10 Cash dividends paid policyholders
11 Cash dividends applied to pay running pre
miums
21 Cash dividends applied to purchase paid
up additions and annuities
13 Surrender values paid in cash
14 Surrender valuesapplied to pay running pre
miums
15 Surrender values applied to purchase paid
up insurance and annuities
Total paid policyholders 7260688 68
17 Cash paid for commissions and bonuses to
agents less commission on reinsurance
new policies 51474543 renewals 414
48787
18 Cash paid for salaries and allowances to
managers and agents
19 Cash paid for medical examinersfees 104
32955
20 Cash paid for salaries and all other com
pensation of officers and other home of
fice employes
21 Cash paid for taxes on premiums 8262152
internal revenue stamps 12 50966
22 Cash paid for taxes on reserves 1014718
on investments 17957199
3813257 46
51527 07
237306 26
7077 27
274105 23
1142905 90
332 622 91
1142 586 94
15850 33
243449 31
929233 30
24545 72
104329 55
216477 31
95131 18
195719 17236
COMPTROLLERGENERALS REPORT
23 Cash paid for insurance department fees
and agents licenses 905951 municipal
licenses 3094071
25 Losses on sales of real estate 329436 on
securities 733750
26 Miscellaneous office expenses
27 Cash paid for advertising 2387451 print
ing 1183267
28 Cash paid for real estate expenses offer
than taxes 5503886 for legal expenses
1982209 total
29 Cash paid for the following itemsviz Pre
miums on bonds purchased
Amounts charged off from real estate to
cover possible depreciation
Total miscellaneous expense 1 788 382
30 Total disbursements
40000 22
10631 86
72378 13
35707 18
74860 95
188424 87
50000 00
1
31 Balance
9298128 12
64341301 60
IVASSETS AS PER LEDGER ACCOUNTS
1 Real estate exclusive of all incumbrances 2930514 61
2 Loans on mortgage first liens on real es
32355960 38
tate
3 Loans secured by pledge of bonds stocksor
other marketable collaterals 4014500 00
4 Loans made in cash to policyholders on
this companys policies assigned as collat
eral or secured by terms of policy 5313566 00
5 Premium notes loans or liens on policies in
force of which 7204248 was received
during the year 4597822 22
6 Par value of bonds and stocks owned ex
cluding accrued interest at time of pur
case 14236817 05
7 Cash in companys office 40 272 04
8 Cash deposited in banks 831424 25
10 Agents ledger balances 20425 05
11 Total net or ledger assets as per balance
m abVe 64341301 60
13 Total net or ledger assets less depreciation 64341301 60
Other Assets
14 Interest due 6946987 and accrued 711
93318 on mortgages 781403 05
lo Interest due and accrued 145
13731 on bonds and stocks
145137 31
16 Interest due and accrued 118
64866 on collateral loans us q gtCOMPTROLLERGENERALS REPORT
237
17 Interest due and accrued 114
94555 on premium notes loans or liens 114945 55
Total carried out 1160134 57
21 Market value of bonds and stocks over par 899194 87
New Business
Rentwas
23 Gross premiums due and un
reported on policies in force
December 31st 1898
24 Gross deferred premiums on
policies in force December
31st1898
Totals
25 Deducting loading 44 per
cent on new and 20 per
cent on renewals to re
duce renewals to net
26 Net amount of uncollected
and deferred premiums
105433 38 222341 31
106654
21208 10
527372 42
749 713 73
93318 76 149 942 75
Extended
599770 98
718540 32
118769 34
28 Total assets as per the books of the company67119171 36
Items not admitted
5 Agents balances
Total
29425 05
20425 05
9 Total assets less items not admitted 67098746 31
VLIABILITIES
1 Net present value of all the outstanding
policies in force on the 31st day of Decem
ber 1898 computed according to the Ac
tuaries Table of Mortality with four
per cent interest 60877939 00
Net reinsurance reserve 6087739 00
4 Claims for matured endowments due and
unpaid 19375 00
5 Claims for death losses in process of adjust
ment and not due 180274 57
6 Claims for death losses and other policy
claims resisted by the company 26163 00
8 Present value of unpaid amounts on matur
ed installment policies face 3200000 24317 56
Death losses which have been reported
and no proofs received 180000 00
Total policy claims 430130 13
10 Amount of all unpaid dividends of surplus or other des
cription of profits due policyholders 350840 C9
13 Amount due on account of salaries renls and office ex
penses estimated 20000 00
16 Amount of any other liability of the company viz Pre
miums paid in advance 22768 47238 COMPTROLLERGENERALS REPORT
17 Liabilities on policyholders account 61701677 69
18 Gross surplus on policyholders account 5397068 62
19 Total liabilities 67098746 31
VIPREMIUM NOTE ACCOUNT
1 Premium notes loans or liens on hand De
cember 31 of previous year 4546901 76
2 Premium notes loans or liens received dur
ing the year on new policies 73450 97
on old policies 58475902 658209 99
Total 5205111 75
Deductions during the year as follows
Amount of notes loans or liens used in
payment of losses and claims 127705 39
Amount of notes loans or liens used in
purchase of surrendered policies 218510 55
Amount of notes loans or liens voided by
laPse 18795 71
Amount of notes loans or liens used in
payment of dividends to policyholders 7077 27
Premium notes loans or liens redeemed
by maker in cash 235200 61
Total reduction of premium note account p07 289 53
Balance note assets at end of the year 4 597822 22
Business in Georgia during 1898
Number and amount of policies on the lives of citi Amo
zens of Georgia in force December 31 of previous
year 2192 5291914 00
Number and amount of policies en the lives of citi
zens of Georgia issued during the year 54 1159783 03
TotaL 2756 6451702 00
Deduct number and amount which have ceased to be
in force during the year 403 gl968
Total number and amount of policies in force in Geor
gia December 88t 189S 0353 5030017 00
Amount of losses and claims on policies in Georgia
incurred during the year g 3452000
Amount of losses and claims on policies in Georgia
paid during the year 18 3A20
What amount of premiums was collected or secured in Georgia during the
year in cash and notes or credits without any deduction for losses divi
dends commissions or other expenses Answer Total 19298803
BUSINESS IN GEORGIA FOB year BSTDING APRIL 30 1899
i8kS 5320926 00
fremmms 19706231
ISSeS 2250000
Iax 1970 62COMPTROLLERGENERALS REPORT 239
THE MUTUAL LIFE INSURANCE COMPANY OF NEW YORK N Y
1CAPITAL STOCK
1 No capital stocka purely mutual company
Amount of net or ledger assets December 31st 1897 less de
ductions of 156503097 from value of real estate236630175 7
II INCOME DURING YEAR 1898
As Shown by the Books at the Home Office at Close of Business Dec 31st
1 From premiums on new poli
cies less interest included
in deferred premiums 8
40209 ard 2299538 for
first years reinsurance and
excluding revivals after first
y3ar 5123553 96
4 From dividends applied to pur
chase new paidup addi
tions see item 10 Disburse
ments 2255244 85
6 From surrender values ap
plied to purchase new paid
up insurance see item 13
Disbursements 2107504 08
Total new premiums 9486602 89
2 From renewal premiums
less interest included in de
ferred premiums 122
97936 and 196370 for re
newal reinsuranc 29701865 21
5 From surrender values ap
plied by policyholders to
pay renewal premiums sec
item 12 Disbursements 758819 54
Total renewal premiums 30460684 75
7 Consideration for annuities 2371460 87
Total premium income 42318748 51
9 Rents from companys prop
erty including 175000 for
companys own occupancy 980760 23
in From interest on mortgage
loans 3515599 29
11 From interest on collateral
loans including 241735
on policy loans 421950 00
12 From interest on bonds and
dividends on stocks 6156603 68240
COMPTROLLERGENERALS REPORT
13 From interest on other debts
due the company and on
deposits in banks 221147 11
14 From interest on deferred
premiums 131381 45
Total rents and interest 11427441 76
15 Profit on sales of real estate 10888462
on sale of securities 107493909 bad
debts recovered 687545 1190699 16
16 Mortuary bond deposits 69740 00
Total income 55006629 43
Total 291636805 21
IIIDISBURSEMENTS DURING YEAR 1898
As Shown by the Books at the Home Office at Close of Business Dec 31st
1 Paid for death claims 12
30103441 additions 964
87359 13265908 00
2 For matured endowments
205210500 additions
26635690 2318461 90
5 Total amount actually paid for losses
and matured endowments 15584369 90
6 Paid to annuitants 1029992 60
10 Dividends applied to purchase new paidup
additions see item 4 Income 2255244 85
11 Surrender values paid in cash 3015428 38
12 Surrender values applied by policyholders
to pay renewal premiums see item 5
Income 758819 54
13 Surrender values applied to purchase new
paidup insurance see item 6 Income 2107804 08
Total paid policyholders 2475165935
15 Cash paid for commissions and bonuses to
agents less commissions on reinsur
ance new policies 348588622 renewal
policies 188078540 on annuities
11011222 5476783 84
17 Cash paid for agency expenses 1142418 95
18 Cash paid for salaries of officers and home
office employees who receive no other
compensation 692847 61
19 Cash paid for medical examiners fees
and salaries 33104824 inspection of
risks 9656337 427611 61COMPTROLLERGENERALS REPORT
241
20 Cash paid for insurance department fees
taxes on premiums and reserves and
agents licenses 411796 32
21 Cash paid for taxes on real estate 194
06770 United States stamp taxes 30
20909 224276 79
22 Cash paid for examinations by State insur
ance departments 50142 28
23 Cash paid for repairs and expenses other
than taxes on real estate 427593 5l
24 Cash paid for rent 175000 00
25 Cash paid for advertising 22960580
printing and stationery 47352384
postage and telegraph 13009288 833222 5
26 Cash paid for legal expenses 266403 95
27 Losses on sales of real estate 516286 on
sales of securities 216900 733186
28 Cash paid for exchange 4856654 ex
press freight and duty 2801771 sun
dry expenses 27558384 profit and loss
had debts 578220 35950 29
Total Miscellaneous expenses 1049337953
Total disbursements 35245038 88
Balance 256391766 33
Invested in the following
TVLEDGER ASSETS
as Per Ledger Accounts Shown by the Books at the Home Office at Close
of Business December 31st
1 Book value of real estate 20604649 61
2 Mortgage loans on real estate 68503580 90
3 Loans secured by pledge of bonds stocks
or other collateral 9349500 on policies
4713900 9396619 00
6 Book value of bonds owned excluding in
terest 12083413784 stocks i24833
3008 145667413 92
7 Cash in companys office 3065657 deposi
ted in banks 1161072079 1162137 36
8 Suspense 32344230 agents debit bal
ances 33067625 654118 55
Total 256447789 34
Deduct Ledger Liabilitie
9 Agents credit balances 4668025 all
other 934276 56023 01
Total net ledger assetsas per balance above 256391766 33242 COMPTROLLERGENERALS REPORT
XONLEBGER ASSETS
10 Interest due 19678390 and accrued
82433006 on mortgages 1021113 96
11 Interest accrued on bonds 971964 87
12 Interest due 1902772 and 65485 on collateral loans accrued 6 25682 57
14 Interest accrued on other assets 53338 56
15 Rents due 3025959 and accrued 73
53771 on companys prope Total ty 103797 30 26


17 Market value as per quotations December 31st not in
eluding interest see item 11 of bonds and stocks over
41
18 Gross premiums due and un
reported on policies on
which at leait one pre
mium had been paid in
force December 31st 1898 35776 07 2465829 22
19 Gross deferred premiums on policies on which at least one premium had been paid in force December
31st 1898 Totals 132258 80 2083154 73
168034 87 4548983 95
21 Deduct cost of collection 68 per cent on new and 6
per cent on renewals Net amount of uncollected 117621 11 284311 50
22
and deferred premiums Gross assets December 31 50410 46 1898 4264672 45 4315082 91
SWS 171 445 91
DEDUCT Assl IS NOT ADMITTED
3 Agents debit balances 33067625 suspense 32344230 654118 55
36
VNcNll XiEl LIABILITIES
As Shown by the Books at the Home Office at Close of Business Dec 31st
1 Net present value of all the policies in force on the 31st cember 1898 computed accoi outstanding day of Deding to The
Actuaries Table of Mortality with four
per cent interest as per certificate of Tn
Hursnce Department of New York 204281651 00
Same for reversionary additions 15072516 00
COMPTROLLERGENERALS REPORT 243
Same for annuities including those in re
duction of premiums 11961620 00
Total231315787 00
Deduct net value of risks of this company
reinsured in other solvent companies 3463 00
Net reserve 231312324 00
3 Claims for matured endowments due and
unpaid papers not completed 125166 42
5 Claims for death losses in process of ad
justment or adjusted and not due 636062 21
7 Claims for death losses and other policy
claims resisted 212796 30
S Amounts due and unclaimed on annuities 94139 97
Total policy claims 1068164 90
11 Amount due and accrued on account of salaries rents
office expenses or other expense items 24072 02
12 Amount of premiums paid in advance 240449 78
13 Liability under nonforfeiture clause of lapsed poli
cies 329004 98
14 Amount of any other liability of the company viz for
mortuary bonds 84625 00
Liabilities on policyholders account 233058640 68
Contingent guarantee fund 42238684 68
Divisible surplus 2220000 0044458684 68
Total liabilities 277517325 36
Business in Georgia During 1898
No AinnurT
Number and amount of paid policies in force Decem
ber 31 1897 5960 15460327 00
Number and amount of policies paid during the year 927 2677000 00
Total 6887 18137327 00
Deduct number and amount which have ceased
to be in force during the year 1001 2829090 92
Total number and amount of paidfor policies in
force in Georgia December 31 1898 5886 15308236 08
Number and amount of losses and claims incurred
during the year 75 240283 92
Total 5 240283 92
Number and amount of losses and claims on policies
paid during the year 75 240283 92244 COMPTROLLERGKNERALS REPORT
What amount of premium was collected or secured during the year in
cash and notes or credits without any deduction for losses dividends
commissions or other expenses Answer Cash 49320071
BUSINESS IN GEORGIA FOR YEAR ENDING APRIL 30 1S99
Risks 15657459 00
Premiums 502584 67
Losses 210685 49
Tax 5025 88
MUTUAL LIFE INSURANCE COMPANY OF LOUISVILLE KY
ICAPITAL STOCK
1 Amount of capital stock
paid up 100000 00
Extended at
2612331 21
IIINCOME DURING THE YEAR
1 Cash received for premiums
on new policies without
deductions for commissions
or other expenses 119340 21
1 Cash received for renewal
premiums without deduc
tions for commissions or
other expenses 290289 05
2 Premium notes loans or
liens taken in part payment
for premiums on new poli
cies 11984 92
2 Premium notes loans or
liens taken in part payment
for renewal premiums 10669 82
3 From dividends applied to
pay running premiums see
item 11 Disbursements 42454 16
4 From surrender values ap
plied to purchase paidup
insurance and annuities
see item 15 Disburse
ments 15000 00
Total 489738 16
7 Total premium income 489738 16
8 Cash received for interest on mortgage
loans 101052 15
9 Cash received for interest on bonds owned
and dividends on stock 17146 15COMPrKOLLERUENEKALS REPORT
215
10 Cash received for interest on premium
notes loans or liens and loans on col
lateral
11 Cash received for interest on other debts
due the company
12 Cash received at discount on claims paid
in advance
13 Cash received for rents for use of com
panys property
10757 59
16504 46
217 30
5630 52
Total income
Total
IIIDISBURSEMENTS DVJRIXG YEAR 1898
1 Cash paid for death claims
including revisionary addi
tions
2 Premium notes loans or
liens used in payment of
the same
Cash paid for matured en
dowments and additions
thereto
220502 00
76 00
32028 00
Total 252606 00
Total net amount actually paid for losses
and matured endowments
9 Premium notes loans or liens used in pur
chase of surrendered policies 874000
voided by lapse 1320012
9 Premium notes loans or liens used in
payment of dividends to policyholders
10 Cash dividends paid to policyholders
11 Cash dividends applied to pay running
premiums see itettn 3 Income
13 Surrender values paid in cash
15 Surrender values applied to purchase paid
up insurance and annuities see item
4 Income
16 Cash paid stockholders for interest or divi
dends
17 Cash paid for commissions and bonuses to
agents less commission on reinsurance
new policies 7878397 renewals 12
71082
19 Cash paid for medical examiners fees
1813402
20 Cash paid for salaries and all other com
pensation of officers and other home
office employees
52606 00
21940 12
355 77
11793 49
42454 16
49803 50
15000 00
7000 10
641046 33
3253377 54
91494 79
18134 02
25149 84246 COMPTROLLERGENERALS REPORT
21 Cash paid for taxes on new premiums
251427 2514 27
22 Cash paid for taxes on reserve 40028 54
23 Cash paid for insurance department fees
and agents licenses 137339 municipal
licenses 531293 6686 32
24 Cash paid for rent 1866 83
25 Agents traveling expenses 1653 71
26 Salaries agents and managers 5500 00
27 Cash paid for advertising 191427 print
ing 517672 7090 99
28 Cash paid for real state expenses other
than taxes 356358 for legal expen
ses 958116 13144 74
29 Cash paid for the following Helms viz
Postage 211946 revenue tax 42555
ex investments 7256 exchange S364
profit and loss 65010 incidental expen
ses 497307 loss on real estate sold
27539 8599 77
Total miscel expenses 22886382
30 Total disbursements 622816 86
31 Balance 2630560 68
Invested in the following
IVASSETS AS PEH LETXJEH ACCOUKTS
1 Cost value of real estate exclusive of all
incumbrances 269979 37
2 Loans on mortgage first liens on real
estate 1433773 06
3 Loans secured by pledge of bonds stocks
or other marketable collaterals 156473 19
4 Loans made in cash to policyholders on
this companys policies assigned as col
lateral 241706 67
5 Premium notes loans or liens on policies
in force of which 633423 is for 1st
years premiums 55704 67
6 Cost value of bonds and stocks owned ex
cluding accrued interest at time of pur
chase 389862 92
7 Cash in companys office 13911 74
8 Cash deposited in banks 48992 50
9 Loans on renewal commissions 1400 00
10 Agents ledger balances 18756 56
11 Total net or ledger assets as per balance
above 2630560 68
13 Total net or ledger assets less depreciation 2630560 68COMPTROLLERGENERALS REPORT
Other Assets
14 Interest due 8496378 and accrued26
23203 on mortgages 111245 81
15 Interest due and accrued 407910 on
bonds and stocks 4079 10
16 Interest due 164324 and accrued 722685
on collateral loans 8870 09
17 Interest accrued 391738 on loans on
policies 3917 38
18 Interest due 4900 and accrued 4083 on
other assets 89 83
247
Total carried out
21 Market value of bonds and stocks over cost
23 Gross premiums due and un
reported on policies in
force December 31 1898
24 Gross deferred premiums on
policies in force Decem
ber 31 1898
Totals
25 Deducting loading on new
and on renewals
26 Net amount of uncollected
and deferred premiums
New Business
49205 36
9398 06
58603 42
29301 71
29301 71
Renewals
10055 75
18316 07
28371 82
1134 87
27236 95
Extended
128202 21
24618 75
56538 66
28 Total assets as per the books of the company 2839920 30
Items Not Admitted
1 Companys stock owned loans on
3 Commissions payable to agents on pre
mium notes when paid
5 Agents balances
7 Loans on collections
500 00
3167 12
18756 56
1400 00
Total
23823 68
9 Total assets less items not admitted 2816096 62
VLIABILITIES
1 Net present value af all the outstanding
policies in force on the 31st day of De
cember 1893 computed according to The
Actuaries Tafole of Mortality with four
per cent interest 2638163 00248
COMPTROLLERGENERALS REPORT
Deduct net value of risks of this com
pany reinsured in other solvent compa
nies
292 00
Net reinsurance reserve
16 Amount of any other liability of the company viz
Premiums paid in advance 101459
Contingent liability 3000000 agents balances 1
09907
2637871 00
1014 59
31099 07
17 Liabilities on policyholders account 2669984 66
18 Gross surplus on policyholders account 146111 96
19 Total liabilities
20 Estimated surplus accrued on tontine
or other policies the profits upon
which are especially reserved for
that class of policies
21 Estimated surplus accrued on all
other policies
2816096 62
7500 00
138611 96
VI PREMIUM NOTE ACCOUNT
1 Premium notes loans or liens on hand De
cember 31 of previous year 57937 48
2 Premium notes loans or Hens received
during the year on new policies 11
98492 on old policies 1066982 22654 74
Total
Amount of notes loans or liens used
in payment of losses and claims
Amount of notes loans or liens used in
purchase of surrendered policies
Amount of notes loans or liens voided
by lapse
Amount of notes loans or liens used in
payment of dividends to policyhold
ers
Amount of notes loans or liens re
deemed by maker in cash
Total reduction of premium note account
Balance note assets at end of the year
Business in Georgia During 1898
592 Ij
76 00
8740 00
13200 12 i
355 77
1257 83
account 24887 55
e year 55704 67
Number and amount of policies on the lives of citi
zens of Georgia in force December 31 of previous
year
850 1400000 00COMPTROLLERGENERALS REPORT 249
Number and amount of policies on the lives of citi
zens of Georgia issued during the year 214 357350 00
Total 1064 1757350 00
Deduct number and amount which have ceased
to be in force during the year 328 373499 00
Total number and amount of policies in force
in Georgia December 31 1898 736 1378851 00
Amount of losses and claims on policies in Georgia
incurred during the year 12 14485 00
Total 12 14485 00
Amount of losses and claims on policies in Georgia
paid during the year 12 14485 00
What amount of premiums was collected or secured in Georgia during
the year in cash and notes or credits without any deduction for losses
dividends commissions or other expenses Answer Cash 3268300
Notes or credits 490240 Total 3758540
BUSINESS IN lEORHIA FOR YEAR ENDING APR IT 30 1899
Risks 717502 00
Premiums 21184 37
Dosses 20593 00
Tax 211 84
NEW ENGLAND MUTUAL LIFE INSURANCE CO BOSTON MASS
I CAIITi I STOCK
Amount of net or ledger assets December 31 of previous
year 25470144 58
IIINCOME DURING YEAR 1898
1 Received for premiums on new
policies without deductions
for commissions or other ex
penses 425742 50
1 Received for renewal premi
ums without deductions for
commissions or other ex
penses 2360081 97
3 From distributions applied to
pay running premiums 507544 85
3J From distributions applied to
purchase paidup additions 21692 85250
COMPTROLLERGENERALS REPORT
41 From surrender values applied
to purchase paidup insurance 23192 18
7 Total premium income 3339254 41
8 Cash received for interest on mortgage loans 289269 45
9 Cash received for interest on bonds owned
and dividends on stock 583052 15
10 Cash received for interest on premium
notes loans or liens 101852 85
11 Cash received for interest on other debts due
the company collateral loans and bank
balances 76892 86
12 Cash received as discount on claims paid in
advance 3171 80
13 Cash received for rents for use cf companys
property 107273 92
Total income 4500772 44
Total 29970917 02
III DISBURSEMENTS DUBING THE YEAR
1 Cash paid for death claims
including revisionary addi I
tionsj
2 Premium notes loans or liens j
used in payment of the
same J
3 Cash paid for matured and dis1
counted endowments and I
additions thereto
4 Premium notes loans or liens f
used in the payment of
same J
1644010 07
240053 00
7 Total net amount actually paid for losses
and matured and discounted endowments
9 Premium notes loans or liens voided by lapse
94 Premium notes loans or liens used in
payment of dividends to policy holders
10 Cash distributions paid policy holders
11 Cash distributions applied to pay running
premiums
12 Cash distributions applied to purchase paid
up additions
13 Surrender values paid in cash and notes
15 Surrender values applied to purchase paid
up insurance
17 Cash paid for commissions and bonuses to
agents less commission on reinsurance
new policies 233535 05 renewals
12830532
18 Cash paid for salaries and allowances to
managers and agents
10 lash paid for medical examiners fees
20 Cash paid for salaries and all othercompen
sation of officers and other home office em
ployees
1891593 07
44387 97
35S70 80
507544 85
21002 85
508750 25
23192 18
361840 37
43407 80
2702 00
135915 10COMPTROLLERGENERALS REPORT 251
21 Cash paid for taxes on premiums 35402 50
22 Cash paid for taxes on reserves 25845 97
23 Cash paid for insurance department fees and
agents licenses 750520 municipal
licenses 155608 9061 28
24 Cash paid for rent 25538 97
25 Cash paid for commuting commissions 6000 32
26 Cash paid for furniture fixtures and safes
for home and agency offices 5845 73
27 Cash paid for advertising S66103 print
ing and stationery 2031197 postage
402822 63001 22
28 Cash paid for real estate expenses other than
taxes 5026335 for legal expenses
491395 55177 30
20 Cash paid for the following items viz U
S internal revenue 508518 tax on real
estate 2930295 34388 13
Travel Telegraph and Telephone service
periouicals documents light express
exchange and all other general items and
incidentals at home office and agencies 40769 20
Balance of profit and loss account 26580 45
Total miscellaneous expenses 86996480
30 Total disbursements 3029586 31
Balance 26041330 71
IV ASSETS AS PER LEDGER ACCOUNTS
1 Cost value of real estate exclusive of all in
cumbrances 2320705 89
2 Loans on mortgage firstliens on real estate i748745 00
3 Loans secured by pledge of bonds stocks or
other marketable collaterals 1536855 98
4 Loans made in cash to policy holders on this
companys policies assigned as collateral 07575s 04
5 Premium notes loans or liens on policies in
force 206036 21
6 Cost value of bonds and stocks owned ex
cluding accrued interest at time of pur
chase 13044784 47
s ash deposited in banks 11 is444 22
13 Total net or ledger assets less depreciation 26041330 71
OTHER ASSETS
14 Interest due 5451700 and accrued 68
91400 on mortgages 12343100
15 Interest due and accrued 3478400
on bonds and stocks 34784 00
16 Interest due 200000 and accrued 12
81050 on collateral loans 14810 50252
17
19
21
23
24
25
26
COMPTROLLERGENERALS REPORT
Interest due 189000 and accrued 30
03950 on premium notes loans and liens 31929 50
Rents due 230213 and accrued 1424787
on companys property or lease 16550 00
Total carried out
Market value of bonds and stocks over cost
New Busiaes
Gross premiums due and unre
ported on policies in force De
cember 31 1898 26980 13
Gross deferred premiums on pol
icies in force Dec 31 1898 68029 00
Totals 95009 13
Deducting 20 per cent loadinng 19001 82
Net amount of uncollected and
deferred premiums 76007 31
Renewals
165826 92
373252 88
539079 80
107815 96
221505 00
1338966 73
431253 84 507271 15
Total assets less items not admitted 28109073 59
VLIABILITIES
1 Net present value of all the outstanding
policies in force on the 31st day of De
cember 1898 computed according to the
Actuaries Table of Mortality with four
per cent interest 25432909 21
Net reinsurance reserve
3 Claims for death losses due and unpaid
4 Claims for matured endowments due and
unpaid
5 Claims for death losses in process of adjust
ment
6 Claims for death losses and other policy
claims resisted by the company
7 Deaths reported but no proofs received
Total policy claims
10 Amount of all unpaid distributions of surplus or other de
scription of profits due policy holders
17 Liabilities on policy holders account
18 Cross surplus on policy holderss account
Total liabilities
5432909 21
94414 00
15233 00
5000 00
3000 00
118321 00
215998 00
147830 98
Business in Georgia During Year 1898
No
Number and amount of policies on the lives of citizens
in said Stataio force December3 of previous year 42
25816738 19
2292335 40
28109073 59
Amount
146787 hiCOMPTROLLERGENERALS REPORT
253
Number and amount of policies on the lives of citizens
of said State issued during the year 40 118715 00
Total 82 205502 00
D duct number and amount which have ceased to
be in force during the year 5 10S44 00
Total number and amount of policies in force in
said State December 31 1898 77 254658 00
Amount of losses and claims on policies in said State
incurred during the year 1 5219 00
Total 1 5219 00
Amount of losses and claims on policies in said State
paid during the year 1 5219 00
Amount of premiums collected or secured in said State during the year in
cash and notes or credits without any deduction for losses dividends
commissions or other expenses Cash 600890 notes or credits
223900 total 824791
BUSINESS IN QEOBGIA FOR YEAR ENDING APRIL 30 1S99
Risks
Premiums
Losses
Tax
336626 00
9234 14
92 34
THE NEW YORK LIFE INSURANCE COMPANY OF NEW YORK N Y
icapital stock
Amount of invested assets December 31st 1897 less re
ductions in real estate valuations voluntarily made by
the company in 1898 150000000188563055 95
IIINCOME 1898
1 Cash received for premiums
on new policies except
annuities without deduc
tion for commissions or
other expenses 6054499 73
2 Cash received for annuities
granted in 1898 1322312 65
3 Cash dividends of 1898 ap
plied by the policyholder
to purchase paidup insur
ance 372794 14
4 Total new premiums 7749606 52
5 Received for renewal pre
miums without deduction
for commissions or other
expenses 27621408 80254 COMPTROLLERGENERALS REPORT
6 Cash dividends of 1898 ap
plied by the policyholder
to pay running premiums 332739 57
7 Surrender values applied
by the policyholder to pay
running premiums 33785 35
8 Total renewal premiums 27987933 72
9 Total gross premiums 35737540 24
10 Deduct amount of pre
miums paid to other com
panies for reinsurance on
policies in this company
new business 4S70006
renewals 5619162 104891 68
11 Total premium income less reinsurances 35632648 5fi
12 Interest on bonds owned
574081856 and divi
dends on stock 221
78050 5962599 06
13 Interest on mortgage loans 1940937 42
14 Rents for use of com
panys property 875741 38
15 Interest on loans to policy
holders 52608889 on pre
mium notes and other pre
mium obligations 10254978 628638 67
16 Interest on bank and trust
company deposits etc 196804 60
17 Interest on collateral loans 188546 82
18 Total interest and rents 9793267 95
19 Deposits on account registered bond policy 6000 00
Total income 45431916 51
Total 233995002 4fi
This company does not regard or enter as premium receipts the re
serves on old policies surrendered for paidup insurance
Ill lllSTIltiSKM iTS HI IMNfi year 1898
1 Death claims and dividend
additions thereto 1028040S 41
2 Matured endowments and ad
ditions thereto 3636550 55
Total 13916958 96COMPTROLLERGENERALS REPORT
255
3 Dsduct amount received
from other companies for
losses on policies of this
company reinsured
20607 95
10
11
12
13
14
15
16
17
IS
19
Net amount paid for losses and endow
ments 13896351 01
Cash paid annuitants 1494627 57
Dividends paid policyholders Used to
buy new insurance 37279414 to pay
running premiums 33273957 2759431 65
Surrender values Cash 127056488 ap
plied to pay running premiums 3378535 1304350 23
Reserve values paid on matured deferred
dividend policies only the profits on such
are included in dividends Item 6 2050824 00
Instalments paid on trust policies and on
registered bond policies 14281 44
Total paid policyholders 2151986590
Payments to agents First years commis
sions bonuses and advances of every
kind 332090433 renewal commissions
including commuted commissions 392
09873 107259762 439350195
Salaries and allowances for foreign and
domestic agencies including those to
managers agents and clerks 1161364 36
Home office salary account officers and
clerks 643882 38
Medical examiners fees and salaries 355
24489 inspection risks 9418288 449427 77
Taxes licenses and fees of all kinds 486207 70
Rent 367884 23
Advertising account 16180530 printing
stationery and bookbinding 244
91166 406716 96
Postage exchange cablegrams telegrams
telephone express cartage freight etc 325183 34
Real estate charges 163664 63
Ail other items Equipment account coal
water gas furniture fixtures supplies
fire and surety insurance and all other
miscellaneous expenses 22049531 legal
notarial and consul fees traveling ex
penses of agents inspectors and all other
officials 36075848 581253 79
Total miscel expenses 897908711
Total disbursements 30498953 01
Balance invested as stated 203496049 45256
COMPTROLLERGENERALS REPORT
IVASSETS
Book value of bonds 11568703405 and
stocks 453208607 owned market
value 12763045083 December 31 1898 120
Loans secured by first mortgage number
777 on real estate
Real estate 68 pieces unencumbered
Cash account Banks and trust companies
deposits
Loans on companys policies assigned as
collateral Legal reserve to secure
same 1600000000
Premium notes on policies in force Le
gal reserve to secure same 250000000
Loans secured by pledge of bonds and
stocks market value 922970200
Agents ledger balances 69689708 sus
pense account 7361983
20219120 12
39002757 58
16539000 00
8434785 79
9818600 00
1320423 21
7390845 84
770516 91
10
11
12
13
14
Total invested assets 203496049 45
Market value of bonds and stocks over
book value as stated 7411330 71
Interest due and accrued on bonds owned 804831 93
Interest clue and accrued on bond and mort
gage loans 436454 91
Interest accrued on policy loans 140528 82
Rents due and accrued on companys
property 23570 16
Interest accrued on collateral loans and
bank deposits 35100 29
15
16
17
18
Gross premiums uncollected
December 31 189
Gross deferred premiums De
cember 31 1898
New Business
Renewals
2400198 00
396366 00 2051101 00
Total 396366 00 4451299 00
Deduct 65 per cent from
new premiums and 5 per
cent from renewals 257638 00 222565 00
Net amount of uncollected
and deferred premiums 138728 00 4228734 00
19
Total 4367462 00
Total 13219278 82
Gross assets December 31st 1898 216715328 27
Deduct Item 8 agents balances etc pursuant to regu
lations of insurance department 770516 91
Total admitted assets per certificate of insurance de
partment 215944511 36COMPTROLLERGENERALS REPORT 257
V LIABILITIES
1 Net present value of all outstanding poli
cies and additions thereto in force De
cember 31st 1898 as computed according
to The Actuaries or Combined Experi
ence Table of Mortality with 4 per cent
interest by the New York State Insur
ance department 176046278 00
2 Deduct net value of risks reinsured 336029 00
Total net reserve per certificate of insurance de
partment 175710249 00
3 Claims for death losses reportedfull
proofs not received 973566 16
4 Claims for death losses in process of pay
ment proofs completed 315629 36
5 Claims for matured endowments papers
not completed 186518 10
6 Claims for death losses resisted by the
company 49000 00
7 Amount due for annuities claims not pre
sented 122223 28
Total policy claims 1646936 90
8 Dividends due policyholders payable on
anniversaries of policies 159545 92
9 Premiums paid in advance 273161 01
10 Amount of policy trust funds held by the
company 278739 64
Total miscellaneous items 711446 57
178068632 47
Additional policy reserve voluntarily
set aside by the company 2838626 00
Surplus reserved funds voluntarily set
aside by the company 26411234 00
Other funds for all other contingen
cies 8623318 8937876178 89
Total liabilities 215944811 36
BUSINESS IN GEORGIA DURING 1898ON THE BASIS OP PAIOFOR BUSINESS NIV
Nn Amount
dumber and amount of paidfor insurances and ad
ditions on lives of citizens of Georgia in force
December 31 of previous year 6295 14609388 00
Number and amount of new paidfor insurance on
lives of citizens of Georgia paid for during the
Vear 1426 2743980 00
Tctal 7721 17353368 00258 COMPTROLLERGENERALS REPORT
Discount number and amount which have ceased to be
in force during the year 954 1888290 00
in force during the year 954 1838290 00
Total number and amount of paidfor insurance
in force in Georgia December 31 1898 6767 15465078 00
Amount of losses and claims on policies in Georgia
unpaid December 31 of previous year 6 9513 98
Amount of losses and claims on policies in Georgia
incurred during the year 64 201027 21
Total 70 210541 19
Amount of losses and claims on policies in Georgia
paid during the year 65 192080 19
What amount of premiums was collected or secured in Georgia without
any deduction for losses dividends commissions or other expenses
Answer 54969656
BUSINESS IN GEORGIA FOR YEAR ENDING APRIL 30 1899
Risks 16992000 00
Premiums 564390 89
Losses 157055 18
Tax 5643 91
NORTHWESTERN MUTUAL LIFE INSURANCE COMPANY
MILWAUKEE WIS
Amount of net or ledger assets Dec 31 of previous year 98406878 80
IIINCOME DURING THE YEAR 1898
1 Cash received for premiums
on new policies without de
ductions for commissions
or other expenses 2238173 21
1J Cash received for renewal
premiums without deduc
tions for commissions or
other expenses 13087117 71
3 Prom dividends applied to pay
running premiums 1006490 08
3J From dividends applied to
purchase paidup additions
and annuities 266231 94
4 Fromsurrender values applied
to pay running premiums 206 10
5 Consideration for annuities
other than matured install
ment policies 33906 53
7 Total premium income 16634530 67
S Cash received for interest on mortgage loans 3719315 53COMPTROLLERGENERALS REPORT
259

8 Interest on loans made to policyholders
on this companys policies assigned as col
lateral 294790 23
9 Cash received for interest on bonds owned 901430 00
10 Cash received for interest on premium notes
loans or liens 36076 66
11 Cash received for interest on other debts
due the company and on deposits in bank 79468 02
12 Cash received as discount on claims paid in
advance no claims discounted but ma
turing endowments 1548985 interest
on deferred premiums 13318050 138670 35
13 Cash received for rents foruse of companys
property including 35300 for companys
own occupancy 271917 31
Cash received for profits on sale or maturity
of securities 9074250 real estate 27
52813 118270 63
From all other sources viz Commuted
commissions refunded for renewals re
deemed 2882381 adjustment of real
estate values 8224618 excess of pre
mium notes restored overlapsed 1
85723 collected account bad debt charg
ed off 1037 112937 59
II
19
Total income 22307406 99
Total 120714285 79
IIIDISBURSEMENTS DURING TIIS YEAH 1898
1 Cash paid for death claims in
cluding revisionary additions3848813 11
3 Cash paid for matured and dis
counted endowments and ad
ditions thereto 774616 00
5 Cash paid for sums falling due
during the year on install
ment policies 20803 16
7 Total net amount actually paid for loans
and matured endowments 4644232 27
8 Cash paid to annunitants 5731 79
10 Cash dividends paid policyholders 576287 75
11 Cash dividends applied to pay running pre
miums 1006490 08
12 Cash dividends applied to purchase paidup
additions and annuities 266236 94
13 Surrender values paid in cash 784494 64
14 Surrender values applied to pay running
premiums 2606 10
17 Cash paid for commissions to agents new
policies 95629648 renewals 1045
69293 on annuities 33050 2002319 91200
COMPTROLLERGENERALS REPOR l
19 Cash paid for medical examiners fees
12355050 inspection of risks 1870192 142252 42
20 Cash paid for salaries and all other compen
sation of officers and other home office
employes 390605 92
21 Cash paid for taxes on new premiums and
renewals 178010 04
22 Cash paid for taxes on reserves 1030902
on real estate 86578 37 internal reve
nue taxes 3235279 129240 7S
23 Cash paid fjr insurance department fees
and agents licenses 1241326 municipal
and State licenses 829164 20704 90
24 Cash paid for rent including 35300 com
panys occupancy 35300 00
25 Cash paid for commuting commissions 2070 Si
20 Cash paid for furniture fixtures and safes
for home and agency offices 2783 58
27 Cash paid for advertising 3257 printing
and statnery 43971 postage 7405587 121883 87
27 Losses on sales of real estate 2842 49
28 Cash paid for real estate expenses other
than taxes 2220132 for legal expenses
5863377 80 895 09
29 Cash paid for the following items viz Loan
expenses 10321229 real estate expen
ses 13159668 exchange 1607898
freight and express 017971 expense
trustees and executive committee 36
22325 loss expenses 3000 traveling
expenses 715302 adjustment of real
estate values 5027075 judgment for
commissions on property sold 32945
agency loss 20022 expense insurance
commissioners examinations 233220 363242 55
30 Total disbursements 10765431 74
31 Balance10994854 05
Invested in the following
IVASSETS AS PER LEDGER ACCOUNTS
1 Book value of real estate exclusive of all
incumbrances 3816901 64
2 Loans on mortgage first liens on real
estate 72012604 79
4 Loans made in casli to policyholders on
this companys policies assigned as col
lateral 6003357 00
5 Premium notes loans or liens on policies
in force 320346 55
6 Book value of bonds owned excluding ac
crued interest at time of purchase 22520094 47COMPTROLLERGENERALS REPORT
261
7
8
10
11
14
15
17
18
19
21
23
Cash in companys office 282111 75
Cash deposited in banks 5026783 97
Agents debit balances 7710 71
Total109995910 88
Deduct agentscredit balancss 4367253
all others 338430 47056 83
Total net or ledger assets as per balance above100948854 05
Other Assets
Interest due 34667062 and accrued 832
04446 on mortgages 1178715 08
Interest due 38810 and accrued 371
53761 on bonds 410347 61
Interest due 141 and accrued 10412 14
on premium notes loans or liens 10553 14
Interest due 2596385 and accrued 183
00733 on other assets policy loans 208971 18
Rents due 150716 and accrued 1886246
on companys property or lease 20369 62
Total 1828956 63
Market value of bonds over book value 1673302 01
New Business Renewals
dross premiums due and urire
ported on policies in force Dec
31 1898776685 00 409040 00
Gross deferred premiums on pol
icies in force Dec 31 1898 192550 00 1139255 00
25
26
38
5
9
Totals969235 00 154825 00
Deduct loading 41 410 per cent
on new and 7 310 percent
on renewals 401263 29 113025 53
Net amount of uncollected and
deferred premiums 567971 71 1435269 47 2003241 18
Total assets as per the books of the company115454353 87
Items Not Admitted
Agents balances 7710 71
Total assets less items not admitted115446643 16
V TIAIBILITIES
1 Net present value of all the outstanding
policies in force on the 31st day of De
cember 1898 computed according to the
Actuaries Table of Mortality with four
per cent interest 89069 843 00
Net reinsurance reserve 89069843 00
3 Claims for death losses due and unpaid 65283 80262 COMPTROLLERGENERALS REPORT
4 Claims for matured endowments due and
unpaid 38174 00
5 Claims for death losses and matured endow
ments in process of adjustment or ad
justed and not due 311303 43
6 Claims for death losses and other policy
claims resisted by the company 26500 00
7 Amounts due and unpaid on annuity claims
12661 on installment policies 100 226 61
8 Present value of unpaid amounts on matur
ed installment policies face 28427652 210625 30
9 Death losses which have been reported and
no proofs received 133270 00
Total policy claims 785383 14
10 Amount of all unpaid dividends of surplus or other de
scription of profits due policyholders including those
contingent on payment of outstanding and deferred pre
premiums estimated 143298 00
13 Bills accounts commissions medical fees etc due or
accrued 74516 50
16 Amount of any other liability of the company viz Pre
miums paid in advance estimated 6000 surplus ac
cumulations held to meet tontine and semitontine pol
icy contracts approximate 19005174 19011174 00
17 Liabilities on policyholders account109084214 64
18 Gross surplus on policyholders account 6362428 52
19 Total liabilities 115446643 18
VIPREMIUM NOTE ACCOUNT
1 Premium notes loans or liens on hand De
cember 31 of previous year 352435 18
2 Preminm notes loans or liens received dur
ing the year on old policies 64754 55
3 Premium notes loans or liens restored by
revival of policies 8013 76
Total 425203 40
Deductions during the year as follows
Amount of notes loans or liens used in pay
ment of losses and claims 22011 21
Amount of notes loans or liens used in pur
chase of surrendered policies 5258 64
Amount of notes loans or liens voided by
lapse 6156 53
Amount of notes loans or liens used in pay
ment of dividends to policyholders 46035 61
Amount notes loans or liens redeemed by
maker in cash 25394 95
Total reduction of premium note account 104856 i4
Balance note assets at end of the year 320346 55COMPTROLLERGENERALS REPORT 263
Business in Georgia during 1898
No Amount
Number and amount of policies on the lives of citi
zens of said state in force December 3L of pre
vious year 4021 8921886 00
Number and amount of policies on the lives of citi
zens of said state issued during the year 641 1207068 00
Total 4662 10128954 00
Deduct number and amount which have ceased to be
in force during the year including removals
from the State 433 840566 00
Total number and amount of policies in force
in Georgia Dec 31 1898 4229 928S388 00
Amount of losses and claims on policies in Georgia
unpaid December 31 of previous year 3 7102 Ot
Amount of losses and claims on policies in Georgia
incurred during the year 36 98669 00
Total 39 10577100
Amount of losses and claims on policies in Georgia
paid during the year 35 89469 00
BUSINESS IN GEORGIA FOR YEAR ENDING APRIL 30 1899
Risks 9288388 00
Premiums 278395 85
Losses 117791 00
Tax 2783 96
THE PACIFIC MUTUAL LIFE INSURANCE COMPANY SAN FRAN
CISCO CAL
ICAPITAL STOCK
1 Amount of capital stock paid
up in cash 200000 00
Amount of net or ledger assets Decem
ber 31 of previous year 2999874 10
Extended at 2999874 10
II INCOME DURING YEAR 1898
1 Cash received for premiums
on new policies without de
ductions for commissions
or other expenses 356080 85
1V2 Cash received for renewal
premiums without deduc
tions for commissions or
other expenses 337927 98
264 COMPTROLLERGENERALS REPORT
2y2 Premium notes loans or
liens taken in part payment
for renewal premiums 44208 38
it From dividends applied to pay running premiums see
item 11 Disbursements 32103 75
3V2 Prom dividends applied to
purchase paidup additions
and annuities see item 12
Disbursements 27846 52
4 From surrender values applied to pay running premiums see item 14 Dis
bursements 4146 12
4y2 From surrender values ap
plied to purchase paidup
insurance and annuities
see item 15 Disburse
ments Total 66758 69
869072 29
6 Deduct amount of premiums paid to other companies for reinsurance on policies in this company new business 143687 renewals
7 509638 Total premium income 6533 Z5 862539 04

8 Cash received for interest on mortgage
48594 86
9 Cash received for interest on bonds owned
46922 17
10 Cash received for interest on premium
3819 30
11 Cash received for interest on other debts due the company including interest on
26540 68
12 Cash received as discount on claims paid
605 22
13 Cash received for rents for use of com
panys property including 1050000 for
companys own occupancy 44317 69
14 Cash received for profits on s ales of bonds
or stocks 801479 8014 79 178814 71
Total income

Total


COMPTROLLERGENERALS REPORT
IIIDISBURSEMENTS DURING YEAR 1898
1 Cash paid for death claims
including revisionary addi
tions 234663 89
2 Premium notes loans or
liens used in payment of
the same 32 50
3 Cash paid for matured en
dowments and additions
thereto 60306 80
Total 295003 19
7 Total net amount actually paid for losses
and matured endowments 295003 19
8 Cash paid for annuitants 4602 00
9 Premium notes loans or liens used in pur
chase of surrendered policies 3986 02
9 Premium notes loans or liens used in
payment of dividends to policyholders 470 18
10 Cash dividends paid to policyholders 4486 67
11 Cash dividends applied to pay running pre
miums see item 3 Income 32103 75
12 Cash dividends applied to purchase paid
up additions and annuities see item 3
Income 27846 52
13 Surrender values paid in cash 6587 20
14 Surrender values applied to pay running
premiums see item 4 Income 4146 12
15 Surrender values applied to purchase paid
up insurance and annuities see item
4 Income 66758 69
Total paid policyholders 44599034
16 Cash paid stockholders for interest or divi
dends 11600 00
17 Cash paid for cotenmissions and bonuses to
agents less commission on reinsurance
new policies 14105147 renewals 73
25844 214309 91
IS Cash paid for salaries and allowances to
managers and agents 71596 99
IS Cash paid for medical examiners fees 22939 80
20 Cash paid for salaries and all other com
pensation of officers and other home of
fice employees 37558 71
21 Cash paid for taxes on new premiums
134817 on renewals 276677 4114 94
22 Cash paid for revenue taxes 2622 80
23 Cash paid for insurance department fees
and agents licenses 336134 mu
nicipal licenses 3306 3394 40
205
295003 19266 COMPTROLLERGENERALS REPORT
24 Cash paid for rent including 7500 com
panys occupancy 10543 08
27 Cash paid for advertising 286585 print
ing 683778 postage 283842 12542 05
28 Cash paid for real estate expenses other
than taxes 1886405 for legal expen
ses 439675 23260 80
29 Cash paid for the following items viz
Taxes on real estate 11392 79
General expense 8299 54
Total miscellaneous expenses 43422581
30 Total disbursements 1157592 37
21 Balance 3145313 39
Invested in the following items
IVASSETS AS PER LEDGER ACCOUNTS
1 Cost value of real estate exclusive of all
incumbrances 1121774 71
2 Loans on mortgage first liens on real es
tate 684697 80
3 Loans secured by pledge of bonds stocks
or other marketable collaterals 147300 00
4 Loans made in cash to policyholders on
this companys policies assigned as col
lateral 120568 44
5 Premium notes loans or liens on poli
cies in force 40685 93
6 Cost value of bonds and stocks owned
excluding accrued interest at time of pur
chase 853244 94
7 Cash in companys office 13723 93
8 Cash deposited in banks 131314 14
9 Bills receivable 568 60
10 Agents ledger balances 17344 50
Furniture and fixtures 13590 40
11 Total net or ledger assets as per balance
above 3145313 39
33 Total net or ledger assets less depreciation 3145313 39
Other Assets
14 Interest due 627420 and accrued 8
54275 on mortgages 14816 95
15 Interest due and accrued 1374335 on
bonds and stocks 13743 35
16 Interest due and accrued 86200 on collat
eral loans 862 00COMPTROLLERGENERALS REPORT
267

17
18
19
21
22
23
24
25
26
Interest due and accrued 201375 on pie
mium notes loans or liens
Interest due 141925 and accrued 10
88078 on other assets
Rents due and accrued 261240 on com
panys property or lease
2013 75
12300 03
2612 40
Total carried out
Market value of bonds and stocks over cost
Due from other companies for losses or claims on poli
cies of this company reinsured
Gross premiums due and un
reported on policies in
force December 31 1898
Gross deferred premiums on
policies in force December
31 1898
Totals
Deducting loading 20 per
cent on new and 20
per cent on renewals
Net amount of uncollected
and deferred premiums
New Buiiuess
39923 10
19647 85
59575 95
11915 19
47660 76
Renewals
35345 33
32057 04
67402 37
13480 47
53921 90
Extended
Printed supplies
46348 48
48624 72
15000 00
28
Total assets as per the books of the company
Items Not Admitted
167504 03
6000 00
3428790 62
Furniture fixtures and safes
Agents balances unsecured by bonds
Bills receivable
Supplies printed matter and stationery
13590 40
6667 32
568 60
6000 00
Total
Total assets less items not admitted
26826 32
3401964 30
VMABILITIES
Net present value of all the outstanding
policies in force on the 31st day of De
cember 1898 computed according to The
Actuaries Table of mortality with four
per cent interest
3018734 00288 COMPTROLLERGENERALS REPORT
Deduct net value of risks of this com
pany reinsured in other solvent
companies 30569 00
Net reinsurance reserve 2988165 00
5 Claians for death losses which have been
reported and no proofs received 9863 00
6 Claims for death looses and other policy
claims resisted by the company 5000 00
Total policy claims 14863 00
17 Liabilities on policyholders account 3115902 00
18 Gross surplus on policyholders account 283062 30
19 Total liabilities 3401964 30
vi premium note account
1 Premium notes loans or liens on hand De
cember 31 of previous year 41841 12
2 Premium notes loans or liens received
during the year on new policies on
old policies 44208 38
Total 86019 50
Deductions during the year as follows
Amount of notes loans or liens used in pay
ment of losses and claims 32 50
Amount of notes loans or liens used in pur
chase of surrendered policies 3986 02
Amount of notes loans or liens used in pay
ment of dividends to policyholders 470 IS
Amount of notes loans or liens redeemed by
maker in cash 40874 87
Total reduction of premium note account 45363 57
Balance note assets at end of the year 40685 93
BUSINESS IV GEORGIA DURING 1898
No Amount
Number and amount of policies on the lives of citi
zens of Georgia issued during the year 2 2000 00
TotaI 2 2000 On
Total number and amount of policies in force in
Georgia December 31 1898 2 2000 mi
Wiiit amount of premiums was collectd or secured in Georgia duringCOMPTROLLERGENERALS REPORT
269
the year in cash and notes or credits without any deduction for losses
dividends commissions or other expenses
Answer Cash 6060 17384 Notes or credits total 23444
BUSINESS IN GEORGIA FOR YEAR ENDING APRIL 30 1S99
Risks 172000 00
Freimiums 280 20
Losses 10 00
Tax 2 80
PENN MUTUAL LIFE INSURANCE COMPANY PHILADELPHIA PA
ICAPITAL STOCK
Amount of net or ledger assets December
31 of previous year 30929473 56
Decrease of capital during 1898 being de
duction to bring assets to market value 112220 04
Extended at 30817253 52
IIINCOME DURING THE YEAR 1898
1 Cash received for premiums on
new policies without de
ductions for commissions or
other expenses 979723 92
1J Cash received for renewal pre
miums without deductions
for commissions or other ex
penses 4291029 58
2 Premium notes loans or liens
taken in part payment for
premiums on new policies 9425 00
2J Premium notes loans or liens
taken in part payment for re
newal premiums 222172 10
3 From dividends applied to pay
running premiums and accu
mulated see item 11 dis
bursements 717983 20
3 From dividends applied to
purchase paidup additions
and annuities see item 12
disbursements 151992 85
4 From surrender values applied
to pay running premiums
see item 14 disbursements 59379 19
4 From surrender values applied
to purchase paidup insur
ance and annuities see item
15 disbursements 139145 00270
COMPTROLLERGENERALS REPORT
3409 24
Consideration for annuities
other than matured install
ment policies
Total 6657260 OH
Deduct amount of premiums
paid to other companies for
reinsurance on policies in
this company new business
renewals 191745 1917 45
7 Total premium income 6655342 63
8 Cash received for interest on mortgage loans 680852 98
9 Cash received for interest on bonds owned
and dividends on stock
10 Cash received for interest on premium notes
loans or liens
11 Cash received for interest on collateral loans
12 Cash received as interest on general account
13 Cash received for rents for use of companys
property including for com
panys own occupancy
14 Cash received for profits on sales of bonds or
stocks 7826746 real estate 949370
19 From all other sources viz Suspended
bank dividends 56106 agentsbalances
recovered 200000 bonuses on mortgages
718231 collateral loan recoverd 124909 9992 46
456994 44
71157 92
262583 5
15320 92
131298 45
51 16
Total income 8371304 51
Total 39188558 03
IIIDISBURSEMENTS DURING YEAR 1898
1 Cash paid for death claims in
cluding revisionary additions 1541231 98
2 Premium notes loans or liens
used in the payment of the
same 25966 87
3 Cash paid for matured endow
ments and additions thereto 405021 57
4 Premium notes loans or liens
used in the payment of the
same 6992 43
5 Cash paid for sums falling due
during the year on install
ment policies 25328 81
Total 2004541 66
6 Deduct amount received from
other companies for losses or
claims on policies of this
company reinsured 10000 00
7 Total net amount actually paid for losses
nd matured endowments 1994541 66COMPTROLLERGENERALS REPORT
271
8 Cash paid to annuitants 38759 97
9 Premium notes loans or liens used in pur
chase of surrendered policies
voided by lapse 38451 69
11 Cash dividends applied to pay running pre
miums and accumulated see item 3 in
come 717983 20
12 Cash dividends applied to purchase paidup
additions and annuities see item 3J in
come 151992 85
13 Surrender values paid in cash 499377 87
14 Surrender values applied to pay running
premiums see item 4 income 59379 19
15 Surrender values applied to purchase paid
up insurance and annuities see item 4J
income 139145 00
Total paid policyholders 363903143
17 Cash paid for commissions and bonuses to
agents less commission on reinsurance
new policies 50011154 renewals 300
95891 annuities 382481 805395 26
18 Cash paid for salaries and allowances to
managers and agents 90978 84
19 Cash paid for medical examiners fees
inspection of risks 71671 40
20 Cash paid for salaries and all other compen
sation of officers and other home office em
ployes 148220 27
21 Cash paid for taxes on new premiums
on renewals 77969 06
22 Cash paid for taxes on reserves 791402
on investments 7714317 85057 19
Cash paid for taxes on real estate 50288 70
23 Cash paid for insurance department fees and
agents licenses 917678 municipal
licenses 544478 14621 56
Cash paid for revenue stamps 15680 66
24 Cash paid for rent 40281 44
26 Cash paid for furniture fixtures and safes
for home and agency offices 4652 43
27 Cash paid for advertising 2228818 print
ing 1337026 35658 44
28 Cash paid for real estate expenses other
than taxes 1786917 for legal expenses
890524 26772 41
29 Cash paid for following items viz Home
office expenses and postage 4357224
Are and other insurance 1167783 main
tenance of properties 4092633 96 176 40
Total miscellaneous expenses 156342406
30 Total disbursements 5203055 49
31 Balance 33985502 54272
COMPTROLLEREGENERATES REPORT
IVASSETS AS PER LEDGER ACCOUNTS
1 Cost value of real estate exclusive of all in
cumbrances 2775370 31
2 Loans on mortgage first liens on real estate 13157321 87
3 Loans secured by pledge of bonds stocks or
other marketable collaterals 2509jll3 92
4 Loans made in cash to policyholders on this
companys policies assigned as collateral 2513657 00
5 Premium notes loans or Jiens on policies in
force of which 942500 was received dur
ing the year 996974 39
6 Cost value of bonds and stocks owned ex
cluding accrued interest at time of pur
chase11274854 40
7 Cash in companys office 171S 21
8 Cash deposited in banks 514100 00
9 Bills receivable 131180 27
10 Agents ledger balances 4096 51
Temporary obligations for premiums mainly
received by reserves on policies 103021 32
Furniture 10000 00
Total33991408 20
Less agents credit balances 5905 66
Total net or ledger assets as per balance above 33985502 54
Other Assets
14 Interest due 8156441 and accrued 206
43100 on mortgages 290995 41
16 Interest due 151090 and accrued 4
59804 on collateral loans
18 Interest due and accrued on other assets
19 Rents due 586189 and accrued 372198
on companys property or lease
6108 94
3000 00
9583 87
Total carried out 309 ggs o
21 Market value of bonds and stocks over cost 487 982 54
23 Gross premiums due and unre
ported on policies in force
December 31 1898
24 Gross deferred premiums on
policies in force Dec 31 1898
New Business
Eenewas
167899 79 255881 15
98296 37 434026 22
Totals 264196 16 689907 37
25 Deducting loading 50J per cent
on new and 5 610 per
cent on renewals 133419 06 38034 81
26 Net amount of uncollected and
deferred premiums 130777 10 651272 56 782049
28
Total assets as per the books of the company 35565222 9ftCOMPTROLLERGENERALS REPORT
273
10
16
VLIABILITIES
1 Net present value of all the outstanding pol
icies in force on the 31st day of December
1898 computed according to the Actuaries
Table of Mortality with four per cent in
terest30515324 00
Deduct net value of risks of this company
reinsured in other solvent companies 48886 00
Net reinsurance reserve
5 Claims for death losses and matured endowments in pro
cess of adjustment or adjusted and not due
8 Present value of unpaid amounts on ma
tured installment policies face 279
60300 214538 00
9 Amount of trust funds held by the company 21229 00
Total policy claims
Amount of all unpaid dividends of surplus or other
description of profits due policyholders
Amount of any other liability of the company viz
Premiums paid in advance
Scrip outstanding
17 Liabilities on policyholders account
18 Grosss surplus on policyholders account
19 Total liabilities
20 Surplus accrued on tontine or other policies the profits
upon which are especially reserved for that class of
policies 179323908
21 Surplus accrued on all other policies 282945014
VIPREMIUM NOTE ACCOUNT
1 Premium notes loans or liens on hand De
cember 31 of previous year 947935 11
2 Premium notes loans or liens received dur
ing the year on new policies 942500 on
old policies 26155775 270982 75
Total 1218917 86
Deductions during the year as follows
Amount of notes loans or liens used in pay
ment of losses and claims 32959 30
Amount of notes loans or liens used in pur
chase of surrendered policies 56637 79
Amount of notes loans or liens voided by
lapse 38451 69
Amount of notes loans or liens used in pay
ment of dividends to policyholders 73048 70
Amount of notes loans or liens redeemed by
maker in cash 20845 99
30466438 00
142941 87
378708 87
64689 62
24117 25
8580 00
30942533 74
4622689 22
35565222 96
Total reduction of premium note account
Balance note assets at end of the year
221943 47
996974 39174 COMPTROLLERGENERALS REPORT
Business in Georgia during 1898
T T No Amount
JNumber and amount of policies on the lives of citi
zens of Georgia in force December 31 of pre
vious year 1770 4364800 00
Number and amount of policies on the lives of citizens
of Georgia issued during the year 902 1869950 00
Total 2672 6234750 00
Deduct number and amount which have ceased to be
in force during the year 513 033050 00
Total number and amount of policies in force
in Georgia December 31 1898 2159 5201700 00
Amount of losses and claims on policies in Georgia
incurred during the year 20 39470 00
Total 20 39470 00
Amount of losses and claims on policies in Georgia
paid during the year 19 38470 00
Notdue 1 100000
What amount of premiums was collected or secured in Georgia during
the year in cash and notes or credits without any deduction for losses divi
dends commissions or other expenses Answer Gash 16019764 notes
or credits 1347372 total 17367136
BUSINESS IN GEORGIA FOR YEAH ENDING APRIL 30 1899
Risks 5235950 00
Premiums 175402 29
Losses 38375 00
Tax 1754 02
THE PHfENIX MUTUAL LIFE INSURANCE COMPANY HARTFORD
CONNECTICUT
I CAPITAL STOCK
Extended at 10682913 71
IIINCOME DURING YEAR
1 Cash received for premiums
on new policies without de
ductions for commissions
or other expenses 362460 22
Vk Cash received for renewal
premiums without deduc
tions for commissions or
other expenses 1208914 36
2 Premium notes loans or
liens taken in part payment
for premiums on new poli
cies 1927 00COMPTROLLERGENERALS REPORT
275
3 Frjm dividends applied to
pay running premiums see
item 11 Disbursements 155126 89
3 From dividends applied to
purchase paidup additions
and annuities see item
12 Disbursements 38049 68
4 From surrender values ap
plied to pay running pre
miums see item 14 Dis
bursements 9208 01
4 From surrender values ap
plied to purchase paidup
insurance and annuities
see item 15 Disburse
ments 139574 00
5 Consideration for annuities
other than matured in
stallment policies 11856 90
Total 1927117 06
6 Deduct amount of premiums
paid to other companies for
reinsurance on policies in
this company new busi
ness 343572 renewals
349583 6931 55
7 Total premium income 1920185 51
8 Cash received for interest on mortgage
loans 354837 81
9 Cash received for interest on bonds owned
and dividends on stock 159554 44
10 Cash received for interest on premium
notes loans or liens and policy loans 47385 34
11 Cash received for interest on other debts
due the company 10261 99
12 Cash received as discount on claims paid
in advance 589 54
13 Cash recieved for rents for use of com
panys property including 7000 for com
panys own occupancy i 40058 96
14 Cash received for profits on sales of bonds
or stocks 359500 real estate 16
31529 19910 29
16 From dividends and surrender values on
reinsurances 2362 74
19 From all other sources viz Profit and
loss credits 1998 47
Total income 2557145 09
Total 13240058 80276
COMPTROLLERGENERALS REPORT
IIIDISBURSEMENTS DURING YEAK 1898
1 Cash paid for death claims
including revisionary addi
tions 706384 61
2 Premium notes loans or
liens used in payment of
the same 16659 36
3 Cash paid for matured en
dowments and additions
thereto 72427 50
4 Premium notes loans or
liens used in the payment
of same 882 00
5 Cash paid for sums falling
due during the year on
installment policies 1000 00
Total 797353 47
6 Deduct amount received from
other companies for losses
or claims on policies of this
company reinsured of
which is for matured
endowments 4677 00
7 Total net amount actually paid for losses
and matured endowments 792676 47
8 Cash paid to annuitants 2879 97
9 Premium notes loans or liens used in
purchase of surrendered policies 7
11480 voided by lapse 3330 7148 10
9 Premium notes loans or liens used in
payment of dividends to policyholders 272 18
10 Cash dividends paid to policyholders 2826 23
11 Cash dividends applied to pay running
premiums see item 3 Income 155126 89
12 Cash dividends applied to purchase paid
up additions and annuities see item 3
Income 38049 68
13 Surrender values paid in cash 174683 77
14 Surrender values applied to pay running
premiums see item 4 Income 9208 01
15 Surrender values applied to purchase paid
up insurance and annuities see item 4
Income 139574 00
Total paid policyholders 132244530
17 Cash paid for commissions and bonuses to
agents less commission on reinsur
ance new policies 21237685 renew
als 8045725 annuities 53210 293366 23COMPTROLLERGENERALS REPORT
277
18 Cash paid for salaries and allowances to
managers and agents 61458 84
19 Cash paid for medical examiners fees
3837672 inspection of risks 394039 42317 11
20 Cash paid for salaries and all other com
pensation of officers and other home of
fice employees 68445 65
21 Cash paid for taxes on new premiums
335274 on renewals 1132714 14679 88
22 Cash paid for taxes on reserves 101087
on investments 2041566 21426 53
Cash paid for taxes on franchise 25
60375 U S Int Rev stamps 451221 30115 96
23 Cash paid for insurance department fees
and agents licenses 424201 municipal
licenses 266940 691141
24 Cash paid for rent including 7000 com
panys occupancy 23850 12
25 Cash paid for commuting commissions 5223 42
26 Cash paid for furniture fixtures and safes
for home and agency offices 1518 48
27 Cash paid for advertising 1491973 print
ing 1620329 31123 02
28 Cash paid for real estate expenses other
than taxes 1607779 for legal ex
penses 266527 18743 06
29 Cash paid for the following items viz
Postage 1027934 exchange 107452
sundry expenses 1644952 profit and
loss debits 1305825 40861 63
Total miscellaneous expenses 66004134
30 Total disbursements 1982486 64
31 Balance 11257572 16
Invested in the following
IVASSETS AS PER LEDGER ACCOUNTS
1 Cost value of real estate exclusive of all
incumbrances 1102365 90
2 Loans on mortgage Art liens on real es
tate 5447686 41
3 Loans secured by pledge of bonds stocks
or other marketable collaterals 6600 00
4 Loans made in cash to policyholders on
this companys policies assigned as col
lateral 399967 00
5 Premium notes loans or liens on poli
cies in force of which 192700 was re
ceived during the year 368212 74278
COMPTROLLERGENERALS REPORT
6 Cost value of bonds and stocks owned ex
cluding accrued Interest at time of pur
chase 3419663 45
7 Cash in companys office 478 58
8 Cash deposited in banks 512598 08
11 Total net or ledger assets as per balance
abve 11257572 16
13 Total net or ledger assets less depreciation 11257572 16
Other Assets
14 Interest due 4042388 and accrued 91
23700 on mortgages 131660 88
17 Interest due and accrued on premium notes
loans or liens 4253 44
Total carried out
21 Market value of bonds and stocks over cost
135914 32
77895 07
23 Gross premiums due and un
reported on policies in
force December 31 1898
24 Gross deferred premiums on
policies in force December
31 1898
Totals
25 Deduct cost of collection 57
per cent on new and 6
per cent on renewals
26 Net amount of uncollected
and deferred premiums
New Business
52619 64
30273 77
82893 41
47249 24
Extended
Renewals
57616 33
105789 63
163406 01
9804 36
35644 17 153601 65
189245 82
28 Total assets as per the books of the company 11
660627 37
VLIABILITIES
1 Net present value of all the outstanding
policies in force on the 31st day of De
cember 1898 computed according to The
Actuaries Table of Mortality with four
per cent interest 10790078 00
Deduct net value of risks of this com
pany reinsured in other solvent compa
nies
21303 00
Net reinsurance reserve 10 768 775 00
2 Special policy reserve 167045 00COMPTROLLERGENERALS REPORT 27i
5 Claims for death losses in process of adjustment or ad
justed and not due 31817 00
8 Present value of unpaid amounts on matured install
ment policies 6874 00
16 Amount of any other liability of the company viz Pre
miums paid in advance 813100 special liability
1000000 18131 00
17 Liabilities on policyholders account 10992642 00
IS Gross surplus on policy holders account 667985 37
19 Total Liabilities 11660627 37
i
VIPREMIUM NOTE ACCOUNT
1 Premium notes loans or liens on hand De
cember 31 of previous year 402040 38
2 Premium notes or loans received during
the year on new policies 1927 00
Total 403967 38
Deductions during the year as follows
Amount of notes loans or liens used in
payment of losses and claims 17541 36
Amount of notes loans or liens used in
purchase of surrendered policies 7114 80
Amount of notes loans or liens voided by
lapse 33 30
Amount of notes loans or liens used in
payment of dividends to policyholders 272 18
Amount of notes loans or liens redeemed
by maker in cash 10793 00 35754 64
Balance note assts at end of the year 368212 74
Business in Georgia During 1898
No Amount
Number and amount of policies on the lives of citi
zens of Georgia in force Decetaber 31 of previous
year 539 1200711 00
Number and amount of policies on the lives of citi
zens of Georgia issued during the year 212 508131 00
Total 751 1708842 00
Deduct number and amount which have ceased
to be in force during the year 172 381143 00
Total number and amount of policies in force
in Georgia December 31 1898 579 1327699 00280 COMPTROLLERGENERAL8 REPORT
Amount of losses and claims on policies in Georgia
incurred during the year 4 11500 00
Total 4 11500 00
Amount of losses and claims on policies in Georgia
paid during the year 4 11500 00
What amount of premiums was collected or secured in Georgia during
the year in cash and notes or credits without any deduction for losses
dividends commissions or other expenses
Answer Cash 3693799 Dividends 328428 Total 4022227
BUSINESS IN UEOHGIA FOR YEAB ENDING APKII 30 99
Rlsks 1391850 00
Premiums 40487 81
Losses 7300 00
Tax 404 88
PROVIDENT SAVINGS LIFE ASSURANCE SOCIETY OP NEW YORK
ICapital STiCR
1 Amount of capital stock paid
up in cash 100000 00
Amount of net ledger assets December
31 of previous year 1989530 53
Extended at 1989530 53
IIINCOME IHKINU YEAH 1898
1 Cash received for premiums
on new policies without
deductions for commissions
or other expenses 543288 97
1 Cash received for renewal
premiums without deduc
tions for commissions or
other expenses 1719531 32
2 Premium notes loans or
liens taken in part pay
ment for premiums on new
Policies 119874 04
2 Prsmiulm notes loans or
liens taken in part pay
ment for renewal premiums 57076 16
3 Prom dividends applied to
pay running premiums see
item 11 Disbursements 171458 00COMPTROLLERGENERALS REPORT 281
iy2 From surrender values ap
applied to purchase paid
up insurance and annuities
see item 15 Disburse
ments 8577 77
Total 2619806 26
6 Deduct amount of premiums
paid to other companies
for reinsurance on policies
in this company new busi
ness 425830 renewals
347022 7728 52
7 Total premium income 2612077 74
8 Cash received for interest on mortgage
loans 16185 61
9 Cash received for interest on bonds owned
and dividends on stock 37609 50
10 Cash received for interest on premium
notes loans or liens 5579 17
11 Cash received for interest on deposits
other debts due the company 16597 53
13 Cash received for rents for use of com
panys property 23559 77
14 Cash received for profits on sales of secu
rities 1296 92
16 From dividends and surrender values on
reinsurances 168 85
17 Premium notes loans or liens restored
by revival of policies 1128 90
19 From all other sources viz Profit and
loss Waco Texas real estate 25000 00
Total income 2739203 99
Total 4728734 52
IIIDTfBURPEMENTS DURING YEVR 1S98
1 Paid for death claims 1198918 27
2 Premium notes loans or
liens used in payment of
the same 1181 4a
5 Cash paid for sums falling
due during the year on in
stallment policies 1000 00
Total 1201099 70282
COMPTROLLERGENERALS REPORT
6 Deduct amount received from
other companies for losses
or claims on policies of
this company reinsured of
which is for matured
endowments 25000 00
7 Total net amount actually paid for losses
and matured endowments 1176099 70
8 Cash paid to annuitants 1581 40
9 Premium notes loans or liens voided by
lapse 47228 08
10 Cash dividends paid to policyholders 18112 87
11 Cash dividends applied to pay running pre
miums see item 3 Income 171458 00
13 Surrender values paid in cash 10252 30
15 Surrender values applied to purchase paid
up insurance and annuities see itein
4 Income 8577 77
Total paid policyholders 143331012
16 Cash paid stockholders for interest or divi
dends 10466 40
17 Cash paid for commissions and bonuses to
agents less commission on reinsurance
new policies 41310639 renewals 104
48968 51759607
18 Cash paid for salaries and allowances to
managers and agents 35215 77
19 Cash paid for medical examiners fees
4926901 inspection risks 626162 55530 63
20 Cash paid for salaries and all other com
pensation of officers and other home of
fice employees 142874 95
21 Cash paid for taxes on new premiums 7
66840 on renewals 2056521 28233 61
22 Cash paid for taxes on reserves 40056 on
real estate 330671 3707 27
23 Cash paid for insurance department fees
and agents licenses 554374 mu
nicipal licenses 352484 9068 58
24 Cash paid for rent 34365 52
25 Cash paid for commuting cctaimissions 2700 00
26 Cash paid for furniture fixtures and safes
for home and agency offices 10392 07
27 Cash paid for advertising 1983585
stationery and printing 1646751
postage 1331040 49 613 76
28 Cash paid for real estate expenses other
than taxes 850467 for legal expen
ses 2446188 32966 55COMPTROLLERGENERALS REPORT
283
29 Cash paid for the following items viz
Exam Ins Dept N Y 39946 attend
ance fees 170000 2099 46
Trav expenses 1090232 expenses 18
94025 Internal Revenue stamps 9
65978 39502 35
Profit and loss Agencies 399748 col
lateral loans 8528500 89282 48
Total miscel expenses 106361547
0 Total disbursements 2496925 59
31 Balance 2231808 93
Invested in the following
IVASSETS AS PER LEDGER ACCOUNT
1 Book value of real estate exclusive of all
incumbrances 362688 40
2 Loans on mortgage first liens on real es
tate 289750 00
3 Loans secured by pledge of bonds stocks
or other marketable collaterals 35985 00
4 Loans made in cash to policyholders on
this companys policies assigned as col
laterals 56029 52
E Premium notes loans or liens on poli
cies in force of which 17695020 was
received during the year 187516 19
6 Book value of bonds and stocks owned ex
cluding accrued interest at time of pur
chase 873647 60
7 Cash in companys office 32822 77
8 Cash deposited in banks 251585 82
9 Bills receivable 1132 23
10 Agents ledger balances of which 37
96843 was advanced during the year 140651 40
11 Total net or ledger assets as per balance
above 2231808 93
13 Total net or ledger assets less depreciation 2231808 93
Other Assets
14 Interest due 128000 and accrued 2
19394 on mortgages 3473 94
15 Interest accrued on bonds and stocks 10789 16
17 Interest due 162697 and accrued 4
10787 on premium notes loans or liens 5734 84
18 Interest accrued on deposits 795 20284
COMPTROLLERGENERALS REPOR T
19 Rents due 158213 and accrued 425138
on companys property or lease
Total carried out
21 Market value of bonds and stocks over cost
23 Gross premiums due and un
reported on policies in force
December 31 1898
24 Gross deferred premiums on
policies in force December
31 1898
Totals
25 Deducting loading 62 per
cent on new and 6 per
cent on renewals
New Busim ss
277672 00
305169 00
189205 00
26 Net amount of uncollected
and deferred premiums
Extended
Internal Revenue stamps on hand
115964 00
5833 51
Eenewals
163411 00
27497 00 227957 00
391368 00
23482 00
367886 00
26626 65
100643 42
28 Total assets as per the books of the company
Items Xot Admitted
483850 00
7282 38
2850211 38
5 Agents dr balances
7 Bills receiveable
141222 18
1132 23
Total
9 Total assets less items not admitted
142354 41
2707856 97
VLIABILITIES
1 Net present value of all the outstanding
policies in force on the 31st day of De
cember 1898 computed according to The
Actuaries Table of Mortality with four
per cent interest
Deduct net value of risks of this com
pany reinsured in other solvent com
panies
1996971 00
2918 00
Net reinsurance reserve
2 Premium notes or loans on policies and
other obligations in excess of the net
value of their policies
5 Claims for death losses and matured en
dowments in process of adjustment or
adjusted and not due
218 91
96250 00
1994053 00COMPTROLLERGENERALS REPORT 285
6 Claims for death losses and other policy
claims resisted by the company 49000 00
8 Present value of unpaid amounts on ma
tured installment policies face 7500 5815 00
Total policy claims 151233 91
16 Amount of any other liability of the company viz
Premiums paid in advance 581031 5810 31
Amount of reserve on policies cancelled and not in
cluded in item 1 upon which a surrender value may
be demanded 5731 76
17 Liabilities on policyholders account 2156878 98
18 Gross surplus on policyholders account 550977 99
19 Total liabilities 2707856 97
VIPREMIUM NOTE ACCOUNT
1 Premium notes loans or liens on hand De
cember 31 of previous year 71080 08
2 Premium notes loans or liens received
during the year on new policies 119
87404 on old policies 5707616 176950 20
Premium notes loans or liens restored
by revival of policies 1128 90
Total 249159 18
Deductions during the year as follows
Amount of notes loans or liens used in pay
ment of losses and claims 1181 43
Amount of notes loans or liens voided by
lapse 47228 08
Amount of notes loans or liens redeemed by
maker in cash 13233 48 61642 99
Balance note assets at end of the year 187516 19
BUSINESS IV GEORGIA DURING 1898
Nn Amount
Number and amount of policies on the lives of citi
zens of Georgia in force December 31 of previous
year 1546 3989287 00
Number and amount of policies on the lives of citi
zens of Georgia issued during the year 639 1509194 00
Total 2185 5498481 CO
Deduct number and amount which have ceased
to be in force during the year 470 1125023 00
Total number and amount of policies in force
in Georgia December 31 1898 1715 4373458 00286 COMPTROLLERGENERALS REPORT
Amount of losses and claims on policies in Georgia
unpaid December 31 of previous year 7 12520 00
Amount of losses and claims on policies in Georgia
incurred during the year 24 88900 00
Total 31 101420 00
Amount of losses and claims on policies in Georgia
paid during the year 30 96420 00
What amount of premiums was collected or secured in Georgia during
the year in cash and notes or credits without any deduction for losses
dividends commissions or other expenses
Answer Cash 9802318 Notes or credits 929733 Total 10732051
BUSINESS IN GEORGIA FOR YEAR ENDING APRIL 30 1899
Risks 4154315 00
Premiums 114852 87
Losses 47000 00
Tax 1148 53
THE PRUDENTIAL INSURANCE CO OF AMERICA NEWARK N J
ICAPITAL STOCK
1 Amount of capital stock au
thorized 2000000 amount
subscribed 2000000 00
2 Amount of capital stock paid
up in cash 2000000 00
Amount of ledger assets Decem
ber 31st of previous year23072224 26
Extended at 23072224 26
II INCOME DUBING THE YEAR
As zhovm by the books at Home Office at close of business December 31 1898
1 First years premiums except
items 3 and 5 less interest
included in deferred premi
ums 4672660 and 1751408
for first years reinsurance 3057902 65
2 Renewal premiums except
items 3 and 5 less interest
included in deferred premi
ums 6964989 and 612843
for renewal insurance12625407 23
3 Dividends applied by policy
holders to pay running pre
miums Renewals see item
9 Disbursements 4019 11COMPTROLLERGENERALS REPORr
287
4 Dividends applied by policy
holders to purchase paidup
additions and annuities see
item 10 Disbursements
5 Surrender values applied to pay
running premiums first year
premiums 11829 renewals
39854 see item 12 Disburse
ments
6 Surrender values applied to
purchase paidup insurance
and annuities see item 13
Disbursements 431846 75
7 Consideration for annuities
other than matured instal
ment policies 15610 24
4118 89
516 83
10
11
12
13
14
15
17
Total premium income16139451
Rents from companys proper
ty including 6229417 for
companys use of own build
ings 209835 41
Interest on loans on mortgages
of real estate 524436 33
Interest on collateral loans in
cluding premium notes loans
or liens 16026 92
Interest on bonds and dividends
on stocks 465560 49
Interest on other debts due the
company and on deposits in
banks 4471 64
Interest on deferred premiums 116375 49
Total rents and interest 1336727 28
Profit on sales of real estate 404476 on
sale or maturity of securities 1600 5644 76
From all other sources viz Conscience
fund 52 00
Total income during the year
17481875 74
Sum of both amounts 40551100 00
III DISBURSEMENTS DURING THE YEAR
As shown by the books at Home Office at close of business December 31
1 For death claims 403511069
additions 1144240 4749531 72
2 Matured endowments 5700
additions 88 5788 00
3 Instalment death claims 350 00
Total 4755672 72288
COMPTROLLERGENERALS REPORT
6 Paid to annuitants 2635 29
7 Premium notes voided by lapse less 2
49908 restored by revival 213S3 8S
8 Dividends paid policy holders received for
dividends on reinsurances 139739 10
9 Dividends applied by policy holders to pay
running premiums see item 3 Income 4049 11
10 Dividends applied by policy holders to pur
chase paid up additions and annuities see
item 4 Income 41 i 8 89
11 Surrender values paid received on surren
dered insurance 29440 26
12 Surrender values applied to pay running pre
miums see item 5 Income 516 83
13 Surrender values applied to purchase paidup
insurance and annuities see item 6 In
come 431846 75
Total paid policyholders 5389403 13
14 Paid stockholders for interest or dividends
amount declared during the year 2u0
000 200003 00
15 Commissions and bonuses to agents less
commissions received on reinsurances
new poicies 1642 23116 renewal poli
cies 173377914 on annuities if782 93 3379793 20
17 Salaries and allowances for agencies includ
ing managers agents and clerks 1804051 45
18 Salaries and all other compensation includ
ing fees to directors and committees and
expenses fifteen officers 197050 home
office employees 43272482 629774 82
19 Medical examiners fees 28316012 inspec
tion of risks 1642410 299584 22
23 Taxes on premiums 16283888 on surplus
5240118 municipal licenses 3299517 248 234 73
21 Taxes on real eslate 4538404 United
States internal revenue tax 27654 53 73038 57
22 Insurance department lees and agents li
censes 75G3 03
23 Repairs and expenses other than taxes on
real estate 92 789 85
21 Kent including 6229417 for companys use
of own buildings 182610 18
25 Advertising 17725701 printing and sta
tionery 6112574 postage and express
45100999 289392 74
26 Legal expenses 288391 for furniture
etc 6016448 88998 39
27 Losses on sales of real eslate 111292 on
sale or maturity of securities J3I76760 328S0 52COMPTROLLERGENERALS REPORT
289
28
All other items viz Law library 34625
appraising fees S548 31 sundry general
expenses 3514109 sundry district ex
penses 1823806 depreciation in value
of real estate 155033 49
Total miscellaneous expenses 7538018 90
209307 20
10
31
12
13
15
17
is
19
Total disbursements 12927422 03
Balance 27026677 97
Invested in the following
IV LEDGER ASSETS
Is per ledger accounts shown by ihe books at the Home office at close of business
December 31
Book value of real estate unincumbered 3557234 29
Mortgpge liens on real estate first liens 10489318 63
Loans secured by pledge of bonds stocks or
other collateral 30000 00
Loans made to policyholders on this compa
nys policies assigned as collateral 171312 47
Premium notes on policies in force 4258 05
Book value bonds excluding interest12013447 50
Cash in companys office 1312193 deposit
ed in bank 129798510 1311107 03
Total net ledger assets as per balance above 27626677 97
NonLedger Assets
Interest due 7187865 and accrued 118
79683 on mortgages
Interest accrued on bonds and stocks
Interest accrued on collateral loans
Interest accrued on premium notes loans or
liens
Rents due 477417 and accrued 731632 on
companys property or lease
Market value not including interest in item
11 of stocks and bonds over book value
Industrial Branch Ordinary Branch
New Bus Renewas New Bus Renewals
Gross premiums
not more than
3 months due
after period of
graceunreport
ed on policies
outstandingDe
cember 312716 36 29607 58 90665 45 56032 51
Gross deferred
premiums on
policies out
standing De
cember 31 272320 13 447944 15
190675 48
99557 54
4412 85
1506 64
12090 49
308243 00
320177 59
Totals 2716 36 29607 58 362985 58 503976 6690
COMPTROLLERGENERALS REPORT
21 Deduct cost of
collection Ind
branch 100 per
ct on new 30
per ct on re
newals Ord
branch 60 per
ct on new 7J
per ct on re
newals 2716 36
8882 27 217791 35 37798 25
22 Net amount of
uncollectedand
deferred prem
iums 20725 81 145191 23 466178 41 632097 95
23 Other items stationery printed matter and supplies 4
64321 furniture fixtures and safes 4221621 law
library 676719 53626 61
Gross assets 28940823 03
Deduct assets not admitted
2 Supplies printed matter stationery furniture fixtures
safes law library 53626 61
Total admitted assets 28887195 42
V NONLEDGER LIABILITIES
As shown by the books at Home Office at close of Business December 31
1 Net present value of all the outstanding
policies in force on the 31st day of De
cember as computed by the company
according to The Actuaries Table of Mor
tality with four per cent interest 20371669 00
Same for reversionary additions 21869 00
Same for annual and weekly annuities in
cluding those in reduction of premiums 1807s 01
Total 20411616 00
Special reserve 2465455 00
Net reserve 22s77o71
2 Present value of amounts not yet due on matured instal
ment policies face value 5650 4041
5 Death losses in process of adjustment or ad
justed and not yet due 18532 76
i Death losses which have been reported and
no proofs received 28312 27
7 Death losses and other policy claims resist
ed by the company and not yet outlawed 21264 49
Net policy claims 68139
9 Unpaid dividends or other profits due policyholders in
cluding those contingent on payment of outstanding
and deferred premiums 3 26j
00
09COMPTROLLERGENERALS REPORT 291
11 Salaries rents expenses taxes bills accounts bonuses
commissions medical and legal fees etc due or ac
crued 2876366
12 Premiums paid in advance 17019 91
Liabilities on policyholders account 22998301 66
Gross divisible surplus 3888894 76
Capital stock paid up 2000000 00 5888894 76
Total 28887196 42
Business in Georgia during the year ending Dec 31 1898
No Amount
Number and amount ot policies on the lives of citizens
of said State in force Dec 31 of previous year 131 385207 00
Number and amount of policies on the lives of citizens
of said State issued during the yearJ69 1338248 00
Total 700 1723455 00
Deduct number and amount which have ceased to be in
in force during the year 156 428634 00
Total number and amount of policies in force in
said State December 31st last 544 1294821 00
Amount of losses and claims on policies in said State
settled during the year in cash 1 2387 71
Amount of premiums collected or secured in said State dur
ing the year in cash and notes or credits without any
deduction for losses dividends commissions or other
expenses Cash 4483188 notes or credits 8345
total 4491533
BUSINESS IN GEORGIA FOR YEAR ENDING APRIL 30 1899
1610340 00
52828 23
fremlUmS 1238771
JOSSeS 52828
Tax
ROYAL UNION MUTUAL LIFE INSURANCE COMPANY DES MOINES
IOWA
ICAPITAL STOCK
Amount of net or ledger assets December
31 of previous year 207332 52
Extended at 207332 52
IIINCOME DURING YEAR 1898
1 Cash received for premiums
on new policies without
deductions for commissions
or other expenses
46727 1919 COMPTROLLERGENERALS REPORT
1 Cash received for renewal
premiums without deduc
tions for commissions or
other expenses 64961 75
2 Premium notes loans or
liens taken in part pay
ment for premiums on
new policies 1278 91
lxk Premium notes loans or
liens taken in part pay
ment for renewal pre
miums 4803 12
3 From dividends applied to
pay running premiums
see item 11 Disburse
ments 1555 29
Total 119326 26
6 Deduct amount of premiums
paid to other companies
for reinsurance on policies
in this company new busi
ness 62724 renewals 1
90482 2532 06
7 Total preimium income 116794 20
8 Cash received for interest on mortgage
loans 10568 49
10 Cash received for interest on premium
notes loans or liens 1208 39
12 Cash received as discount on claims paid
in advance none interest on deferred
premiums 838 11 S38 11
Total income
Total
129409 19
336741 71
IHDISBURSEMENTS DUBING YEAR 1898
1 Cash paid for death claims
including revisionary addi
tions 20600 00
5 Cash paid for sums falling
due during the year on in
stallment policies 600 00
Total 21200 00
7 Total net amount actually paid for losses
and matured endowments 21200 00
9 Premium notes loans or liens used in pur
chase of surrendered policies none
voided by lapse 172165 1721 65COMPTROLLERGENERALS REPORT
9 Premium notes loans or liens used in
payment of dividends to policyholders
none policyloans voided by lapse
95794 957 94
10 Gash dividends paid ito policyholders 362 38
11 Cash dividends applied to pay running pre
miums tsee item 3 Income 1555 29
13 Surrender values paid in cash 3013 68
Total paid policyholders 2881094
16 Cash paid guaranteed fun holders for in
terest or dividends 1750 00
17 Cash paid for commissions and bonuses to
agents less commission on reinsur
ances new policies 3858695 renewals
369198 42278 93
18 Cash paid for salaries and allowances to
managers and agents 4412 54
19 Cash paid for medical examiners fees 3
00360 inspection of risks 62069 3624 29
20 Cash paid for salaries and all other com
pensation of officers and other home of
fice employees 13396 16
21 Cash paid for taxes on new premiums
35447 on renewals 83093 1215 40
23 Cash paid for insurance department fees
and agents licenses 43S 7a
24 Cash paid for rent 1472 00
25 cash paid for commuting commissions 5424 29
20 Cash paid for furniture fixtures and safes
for home and agency offices 213 25
27 Cash paid for advertising 88652 printing
208716 2973 68
US Cash paid legal expenses 871 4u
29 Cash paid for the following items viz
Postage 75722 managerial expenses
169681 medical directors fees 125300
office expenses 58070 actuarial fees
7710 telegraphing 21524 loan expen
ses 9086 collecting expense 38534
revenue tax 33987 5396 14
30 Total disbursements
31 Balance
293
112277 82
224463 89
Invested in the following
IVASSETS AS PER LEDGER ACCOUNTS
2 Loans on mortgage first liens on real es
tate 18224000 other than first liens
186800 184108 00294
COMPTROLLERGENERALS REPORT
4 Loans made in cash to policyholders on
this companys policies assigned as col
lateral
5 Premium notes loans or liens on poli
cies in force of which 127891 was re
ceived during the year
6 Cost value of certificates of deposit owned
excluding accrued interest at time of pur
chase
7 Cash in companys office
8 Cash with treasurer
9 Bills receivable
10 Agents ledger balances of which was
advanced during the year part secured
Loan taxes secured by mortgages
11 Total net or ledger assets as per balance
above
13 Total net or ledger assets less depreciation
21863 19
2458 59
4500 00
3908 39
1438 64
142 02
5896 65
148 41
224463 89
224463 89
Other Assets
H Interest due 152840 and accrued 378828
on mortgages 5316 68
17 Interest due 71106 and accrued 32936
on premium notes loans or liens 1040 42
Total carried out
6357 10
23 Gross premiums due and un
reported on policies in force
December 31 1398
24 Gross deferred premiums on
policies in force December
31 1S98
Totals
25 Deducting loading 60 per
cent on new and 4 per
cent on renewals
New Busness
22183 77
4229 10
26412 87
15847 72
Renewal
8435 80
7882 72
16318 52
652 74
10565 15
15665 78
26 Net amount of uncollocted
and deferred premiums
Extended
27 Furniture fixtures and safes 277195 commuted com
missions 504795
Advances to agents secured
28 Total assets as per the books of the company
26230 93
7819 90
5854 19
270726 01COMPTROLLERGENERALS REPORT
295
Items Not Admitted
2 Furniture fixtures and safes 2771 95
3 Commuted commissions 5047 95
5 Agents balances not secured by bonds 4182 34
7 Bills receivable 142 02
8 Supplies printed matter and stationery
nonepremium notes in excess of re
serve on policies 1705 SO
Total
8 Total assets less items not admitted
13850 06
256875 95
VLIABILITIES
1 Net present value of all the outstanding
policies in force on the 31st day of De
cember 1898 computed according to The
Actuaries Table of Mortality with four
per cent interest 203345 37
Deduct net value of risks of this com
pany reinsured in other solvent com
panies 1293 86
Net reinsurance reserve 207051 51
2 Premium notes or loans on policies and
other obligations in excess of the net
value of their policies see page No 2
tf Claims for death losses and other policy
claims resisted by the company 10000
less reinsurance due from other com
panies 5000 5000 00
8 Present value of unpaid amounts on ma
tured installment policies face 12000 6792 98
Total policy claims 11792 98
13 Amount due on account of salaries rents and office ex
penses ren corns 6678 med dir 22600 292 78
16 Amount of any other liability of the company viz
Premiums paid in advance 350 04
17 Liabilities on policyholders account 219487 31
d8 Gross surplus on policyholders account 51238 70
19 Total liabilities 270726 01
VI PREMIUM NOTE ACCOUNT
1 Premium notes loans or liens on hand De
cember 31 of previous year
2477 04296
COMPTROLLERGENERALS REPORT
2 Premium notes loams or liens received
during the year on new policies 127891
on old policies 483681
6115 72
Total
Deductions during the year as follows
Amount of notes loans or liens voided by
lapse
Amount of notes loans or liens redeemed by
maker in cash
1721 65
4412 52
Total reduction of premium note account
Balance note assets at end of the year
Business in Georgia during 1898

Number and amount of policies on the lives of citi
zens of Georgia in force December 31 of previous
year
Number and amount of policies on the lives of citi
zens of Georgia issued during the year
Total
Deduct number and amount which have ceased
to be in force during the year
Total number and amount of policies in force
in Georgia December 31 1898
8592 76
6134 17
2458 59
No J in nn
255 587500 00
268 594300 00
523 1131800 00
247 558000 00
276
623800 00
What amount of premiums was collected or secured in Georgia during
the year in cash and notes or credits without any deduction for losses
dividends commissions or other expenses
Answer Cash 1337533 Notes or credits 18702 Total 1356235
BUSINB8S IN GEORGIA FOR YEAR ENDING APRIL 30 1899
Risks
Premiums
Losses
Tax
590S00 00
15474 11
154 74COMPTROLLERGENERALS REPORT
297
THE SECURITY TRUST AND LIFE INSURANCE COMPANY PHILA
DELPHIA PA
ICAPITAL STOCK
1 Amount of capital stock paid
up in cash 350000 00
Amount of net or ledger assets December
31 of previous year
Extended at
356959 25
II INCOME DURING YEAR 1898
1 Cash received for premiums
on new policies without de
ductions for commissions
or other expenses 203195 31
1 Cash received for renewal
premiums without deduc
tions for commissions or
other expenses 254710 63
7 Total premium income
S Cash received for interest on mortgage
loans
9 Cash received for interest on bonds owned
and dividends on stock
10 Cash received for interest on premium
notes loans or liens
14 Cash received for profits on sales of bonds
or stocks
17 From health insurance policies
18 From miscellaneous itefms charged to
profit and loss
Contributed by stockholders net
462905 94
4979 43
3563 82
2392 60
4220 85
2500 00
213 67
700000 00
iS6 Bbi1 4U
Total income 1180776 31
Total 1367165 71
IIIDISBURSEMENTS DURING YEAR 1898
1 Cash paid for death claims
including revisionary addi
tions 157186 00
Total 157186 00
7 Total net amount actually paid for losses
and matured endowments
8 Cash premiums returned
9 Premium notes loans or liens used in pur
chase of surrendered policies
voided by lapse 931473
157186 00
1383 69
9314 73298
COMPTROLLERGENERALS REPORT
33 Surrender values paid in cash 417 40
17 Cash paid for commissions and bonuses to
agents less commission on reinsurance
new policies 12863123 renewals 16
82914 145460 37
18 Cash paid for salaries and allowances to
managers and agents expressage 318 54
19 Cash paid for medical examiners fees
931300 inspection of risks 359581 12908 SI
20 Cash paid for salaries and all other com
pensation of officers and other home of
fice employees 28111 96
21 Cash paid for taxes and renewal on new
premiums 445675 capital stock 1
750 6206 75
22 Cash paid for traveling expenses 61111
loss on securities 844450 9055 61
23 Casn paid for insurance department fees
and agents licenses 360937 municipal
licenses 10000 3709 37
24 Cash paid for rent including 656335
companys occupancy less 3750 received
under sublease 6525 85
25 Cash paid for commuting commissions 4000 00
26 Cash paid for furniture fixtures and safes
for home and agency offices 79 00
27 Cash paid for advertising 590121 print
ing 455872 postage 94973 11409 66
28 Cash paid for legal expenses 4726 88
29 Cash paid for the following items viz ex
penses 4866 42
U S Revenue stamps 1728 40
Total miscellaneous expenses 23912762
30 Total disbursements 407429 44
S Balance 959736 27
Invested in the following
IVASSETS AS PER LEDGER ACCOUNTS
1 Cost value of real estate exclusive of all
incumbrances 900000 00
2 Loans on mortgage first liens on real
sate 96800 00
Loans secured by commercial paper 11975 46
4 Loans made in cash to policyholders on
this companys policies assigned as col
lateral 170 00
5 Premium notes loans or liens on policies
in force 31976 95COMPTROLLERGENERALS REPORT
299
G Cost value of bonds and stocks owned
excluding accrued interest at time of pur
chase 57700 84
7 Cash in companys office 5215 90
8 Cash deposited in banks 23248 34
9 Bills receivable 2107 53
10 Agents ledger balances4 6182 91
Loans on policies of other companies as
signed as collateral 3300 00
Companys stock owned 1860000 sun
dry accounts 245834 21058 34
11 Total net or ledger assets as per balance
above 1159736 27
Unsecured balance on account purchase of
real estate 200000 00
13 Total net or ledger assets less depreciation
Other Assets
959736 2
14 Interest due 83116 and accrued 146677
on mortgages 2297 93
16 Interest due and accrued 124000 on bonds
and stocks 1240 00
Total carried out
23 Gross premiums due and un
reported on policies in
force December 31 1898
24 Gross deferred premiums on
policies in force December
31 1898
Totals
25 Deducting loading 60 per
cent on new and 7 per
cent on renewals
26 Net amount of uncollected
and deferred premiums
83172 00
37577 00
120749 00
72450 00
48299 00
52460 00
36704 00
89164 00
6241 00
82923 00
3537 93
Extended
131222 00
28 Total assets as per the books of the company 1094496 20
Items Not Admitted
1 Companys stock owned 18600 00
5 Agents balances 6182 91
6 Loans on personal security endorsed or
not 11975 46
7 Bills receivable 2107 53300 COMPTROLLERGENERALS REPORT
8 Depreciation in ledger assets to bring
same to market value Bonds and stocks
157584 Chestnut St Natl Bank ac
count 629533 sundry accounts 2
45834 10329 51
Total 49195 41
Total assets less items not admitted 1045300 79
VLIABILITIES
1 Net present value of all the outstanding
policies in force on the 31st day of De
cember 1898 computed according to The
Actuaries Table of Mortality with three
per cent interest 310373 00
Special reserve for health insurance poli
cies 1250 00
Net reinsurance reserve 311623 00
5 Claims for death losses and matured en
dowments in process of adjustment or ad
justed and not due 32000 00
6 Claims for death losses and other policy
claims resisted by the company 11500 00
7 Death claims reportedno proofs received 7000 00
Total policy claims 50500 00
17 Liabilities on policyholders account 362123 00
18 Gross surplus on policyholders account 683177 79
19 Total liabilities 1045300 79
VIPREMIUM NOTE ACCOUNT
1 Premium notes loans or liens on hand De
cember 31 of previous year 21209 57
2 Premium notes loans or liens received
during the year on new and old policies 36898 20
Total 58107 77
Deductions during the year as follows
Amount of notes loans or liens used in pay
ment of losses and claims 349 30
Amount of notes loans or liens voided by
lapse 9314 73
Amount of notes loans or liens redeemed by
m iker in cash 16466 79
Total reduction of premium note account 26130 82
Balance note assets at end of the year 31976 95COMPTROLLERGEXERALS REPORT 301
Business in Georgia duriiiy 1898
No Amount
Number and amount of policies on the lives of citi
zens of Georgia in force December 31 of previous
year 57 132500 00
Number and amount of policies on the lives of citi
zens of Georgia issued during the year 97 262213 00
Total 154 394713 00
Deduct number and amount which have ceased
to be in force during the year 65 189675 00
Total number and amount of policies in force
in Georgia December 31 1898 89 205038 00
Amount of losses and claims on policies in Georgia
incurred during the year 1 1000 00
Total 1 1000 00
Amount of losses and claims on policies in Georgia
paid during the year 1 1000 00
What amount of premiums was collected or secured in Georgia during
the year in cash and notes or credits without any deduction for losses
dividends commissions or other expenses
Answer Cash 921450 Notes or credits 4660 Total 926110
BUSINESS IN GEORGIA FOR YEAR ENDING APRIL 30 1893
Risks 195568 00
Premiums 8896 20
Losses 4000 00
Tax 88 96
THE SECURITY MUTUAL LIFE INSURANCE COMPANY BING
HAMPTON N Y
I CAPITAL STOCK
Amount of net or lodger assets December 31 of previous
year 495139 92
II INCOME DURING YEAR 1838
1 Cash received for premiums
on new policies without de
ductions for commissions or
other expenses 111193 60
iy2 Cash received for renewal
premiums without deduc
tions for commissions or
other expenses 367415 89302
COMPTROLLERGENERALS REPORT
3 From dividends applied to
pay running premiums see
item 11 Disbursements
5965 89
484575 38
Total
7 Total premium income 484575 3S
8 Cash received for interest on mortgage
loans 12558 IV
9 Cash received for interest on bonds owned
and dividends on stock 3939 80
10 Cash received for interest on premium
notes loans or liens 266 53
11 Cash received for interest on other detots
due the company 83161
13 Cash received for rents for use of com
panys property 1019 42
19 Prom all other sources viz Exchange
18561 interest received 107906 1264 67
Total income
Total
504458 60
999598 52
IIIDISBURSEMENTS DURING YEAR 1898
1 Cash paid for death claims
including revisionary addi
tions 195879 75
5 Cash paid for sums failing
due during the year on in
stallment policies 17666 60
Total 213546 35
7 Total net amount actually paid for losses
and matured endowments 213546 35
8 Premium payments returned to members 118 49
11 Cash dividends applied to pay running pre
miums see item 3 Income 5965 89
13 Surrender values paid in cash 1351 04
Total paid policyholders 22098177
17 Cash paid for commissions and bonuses to
agents less commission on reinsur
ance new policies 10645299 renew
als 3187297 138325 96
18 Cash paid for salaries and allowances to
managers and agents 5515 48
19 Cash paid for medical examiners fees 8
42150 inspection of risks 306496 11486 46
20 Cash paid for salaries and all other com
pensation of officers and other home of
fice employees 22619 12
21 Cash paid for taxes on renewals 2469 73CO MPTROLLERGEXERALS REPORT
303
22 Cash paid for taxes on investments 220 21
23 Cash paid for insurance department fees
and agents licenses 261609 municipal
licenses 10100 2717 09
24 Cash paid for rent 5623 64
26 Cash paid for furniiture fixtures and safes
for home and agency offices 2096 73
27 Cash paid for advertising 273258 print
ing 445339 7185 97
28 Cash paid for real estate expenses other
than taxes 1785 for legal expenses
91997 937 S2
29 Cash paid for the following items viz
Internal revenue 232586 franchise tax
30000 postage 260205 traveling
496596 general account expenses 7
76277 exchange 464 accrued Interest
paid 18500 collection 1356749 31713 77
Total miscellaneous expenses 23091201
30 Total disbursements 451893 78
31 Balance 5704 74
Invested in the following
IVASSETS AS PER LKDGltR ACCOUNTS
1 Cost value of real estate exclusive of all
incumbrances 9966 45
2 Loans on mortgage first liens on real es
tate 252600 00
3 Loans secured by pledge of bonds stocks
or other marketable collaterals 1400 00
6 Cost value of bonds and stocks owned ex
cluding accrued interest at time of pur
chase 131000 00
7 Cash in companys office 4547 87
8 Cash deposited in banks 104320 53
9 Bills receivable 17 68
10 Agents ledger balances of which 3679821
was advanced during the year 43444 21
Cash in hands of attorney 408 00
11 Total net or ledger assets as per balance
above 547704 74
13 Total net orledger assets less depreciation
Other Assets
14 Interest due 28700 and accrued 316086
on mortgages 3447 86
547704 74
Total carried out
3447 86304 COMPTROLLER GENERALS REPORT
23 Gross premiums due and unreported on policies in New BusiLess Eentwals
force December 31 1898 18187 63 48215 15
24 Gross deferred premiums on policies in force December
31 1898 Totals 813 82 1116 24
19001 45 49331 39
25 Deducting cost of collection 65 per cent on new and
5 per cent on renewals Net amount of uncollected 12350 94 2466 56
26
and deferred premiums Total assets as per the boo 6650 51 46864 83 53515 34

28 604667 94
v LIABILITIES
1 Net present value of all the outstanding
policies in force on the 31st day of De
cember 1898 computed according to The
Actuaries Taible of Mortality with four
97794 89
Net reinsurance reserve
8 Present value of unpaid amounts on ma
tured installment policies face 36
80428
32253 35
Total policy claims
13 Amount due on account of salaries rents
and office expenses
17 Liabilities on policyholders account
18 Gross surplus on policyholders account
19 Total liabilities
97794 89
32253 35
8758 83
138807 07
465860 87
604667 94
Business in Georgia duriny 1898
No
Number and amount of policies on the lives of citi
zens of Georgia in force December 31 of previous
year 104
Number and amount of policies on the lives of citi
zens of Georgia issued during the year 22
Total 126
Deduct number and amount which have ceased
to be in force during the year 45
Ann mi
244500 00
40500 00
285000 00
102500 00COMPTKOLLERGENERALS REPORT 305
Total number and amount of policies in force
in Georgia December 31 1898 81 182500 00
Amount of losses and claims on policies in Georgia
incurred during the year 4 9000 00
Total 4 9000 00
Amount of losses and claims on policies in Georgia
paid during the year 4 9000 00
What amount of premiums was collected or secured in Georgia during
the year in cash and notes or credits without any deduction for losses
dividends commissions or other expenses
Answer Cash 440141 Notes or credits Total 440141
BUSINESS IN GEORGIA FOE VEAR ENDING APRIL 30 1899
Risks 193500 00
Premiums 3694 33
Losses 7000 00
Tax 36 94
SUN LIFE ASSURANCE COMPANY OF MONTREAL CANADA
ICAPITAL STOCK
1 Amount of capital paid up in cash 105000 00
2 Amount of capital subscribed but unpaid 700000 00
Amount of net ledger assets December 31 of previous year 6648450 51
IIINCOME DURING THE YEAR
1 Cash received for premiums on
new policies without de
ductions for commissions or
other expenses 429860 03
li Cash received for renewal pre
miums without deductions
for commissions or other ex
penses 1352973 12
3 From dividends applied to ipay
running premiums see item
11 disbursements 14172 98
3J From dividends applied to pur
chase paidup additions and
annuities see item 12 dis
bursements 27068 14
4 From surrender values applied
to pay running premiums
see item 14 disbursements 710 29
5 Consideration for annuities
other than matured install
ment policies 98466 63308
COMPTROLLERGENERALS REPORT
Premium income thrift depart
ment 73296 70
Total 1996547 98
6 Deduct amount of premiums
paid to other companies for
reinsurance on policies in
this company new business
177585 renewals 114492 2920 77
7 Total premium income 1993627 21
8 Oash received for interest on mortgage 1
loans
9 Cash received for interest on bonds owned
and dividends on stock
10 Cash received for interest on premium I
notes loans or liens
11 Cash received for interest on other debts
due the company
12 Cash received as discount on claims paid
in advanceJ
13 Cash received for rents for use of companys
property including 550000 for companys
own occupancy
19 From all other sources viz Premiums from
combined accident policies
323909 73
10190 75
185 91
Total income 2327913 60
Total 8976364 11
10
11
12
10
IIIDISBURSEMENTS DURING THE YEAR
Cash paid for death claims in
cluding revisionary additions 478372 28
Oash paid for matured endow
ments and additions thereto 88271 35
Cash paid for sums falling due
during the year on install
ment policies 200 03
Total net amount actually paid for losses
and matured endowments 566843 63
Cash paid to annuitants 19884 44
Cash dividends paid policyholders 27298 00
Cash dividends applied to purchase pre
miums see item 3 income 14172 98
Oash dividends applied to purchase paidup
additions and annuities see item 3 in
come 27068 14
Surrender values paid in cash 89589 01
Surrender values applied to pay running
premiums see item 4 income 710 29
Total paid policyholders74556649
Cash paid stockholders for interest or divi
dends 15750 00COMPTROLLERGENERALS REPORT
307
19
20
21
17 Cash paid for commissions and bonuses to
agents less commission on reinsurance
new policies 122341514 renewals 744
57003 on annuities 295400 300826 17
IS Oash paid for salaries and allowances to
managers and agents 94999 4
Cash paid for medical examiners fees 34
80470 inspection of risks 200000
Cash paid for salaries and all other compen
sation of officers and other home office
employes
Cash paid for taxes on new premiums 1
on renewals j
22 Cash paid for taxes on reserves
on investmentsJ
23 Oash paid for insurance department fees
and agents licenses
24 Cash paid for rent including 550000 com
panys occupancy J
25 Traveling expenses
Cash paid for furniture fixtures and safes
for home and agency offices
Cash paid for advertising 734342 print
ing and stationery 1806542
Cash paid for real estate expenses other
than taxes for legal expenses
Cash paid for the following items viz
Postage and sundries 2157415 light
water and heat 104501 expense thrift
department 5497259 expense accident
department 17545
Profit and loss
26
27
28
29
36804 70
64764 65
1238 33
7580 19
6074 81
5090 70
25408 84
4113 59
55148 04
4090 88
L9
30 Total disbursements M03831
SI Balance 7572532 92
Invested in the following
IVASSETS AS PER LEDGER ACCOUNTS
1 Cost value of real estate exclusive of all in
cumbrances
2 Loans on mortgage first liens on real estate
4 Loans made in cash to policyholders on this
companys policies assigned as collateral
5 Premium notes loans or liens on policies in
force
6 Cost value of bonds and stocks owned ex
cluding accrued interest at time of pur
chase
7 Cash in companys office
8 Cash deposited in banks
9 Ground rents
Policy loans under bond forfeiture agree
ments
770460 80
3952099 51
565109 49
1196 21
1960665 59
10196 44
165405 78
38640 00
108011 70308
11
13
14
15
16
17
18
19
21
23
24
25
COMPTROLLERGENERALS REPORT
1220 40
Cash deposited Puerto Rico government
Total net or ledger assets as per balance
above
Deduct agents credit balances
Total net or ledger assets less depreciation
7573005 92
473 00
7572532 92
Other Assets
Interest due 4884183 and accrued 88
46741 on mortgages
Interest due 982839 and accrued 15
51119 on bonds and stocks
Interest due 175174 and accrued 2
42518 on policy loans
Interest dueand accrued 5661 on
premium notes loans or liens
Interest dueand accrued 8087 on
other assets
Rents due 275443 and accrued 3482 98
on companys property or lease
Total carried out
Market value of bonds and stocks over cost
137309 24
2539 58
4176 92
56 61
80 87
6237 41
173200 63
123196 47
Gross premiums due and unre
ported on policies in force
December 31 1898
Gross deferred premiums on
policies in force December
31 1898
New Business Renewals
8458 84 183665 52
36836 20 99635 78
Totals 125295 04
Deduct loading 30 per cent on
new and 3 per cent on
renewals 37588 51
26 Net amount of uncollected and
deferred premiums 877C6 53
28 Total assets as per the books of the company
VLIABILITIES
1 Net present value of all outstanding poli
cies in force on the 31st day of December
1898 computed according to H M of
Mortality with 4 per cent interest and
H M 3i per cent
Deduct net value of risks of this com
pany reinsured in other solvent com
panies
Net reinsurance reserve
4 Claims for matured endowments due and
unpaid
283301 30
8499 04
274802 26 362508 79
8231438 81
7742447 22
6191 20
7736256 02
2646 50COMPTROLLERGENERALS REPORT
309
8
10
11
16
us
111
20
21
Claims for death losses and matured en
dowments in process of adjustment or
adjusted and not due
Claims for death losses and other policy
claims resisted by the company
Death losses reported and no proof received
Present value of unpaid amounts on ma
tured installment policies x
Amount of trust funds held by the company
Total policy claims
31967 23
8800 00
36298 14
2384 83
2988 86
Amount of all unpaid dividends of surplus or other
description of profits due policyholders
Amount of unpaid dividends to stockholders
Amount of any other liability of the company viz
Premiums paid in advance
Amount deposited to meet maturity debentures 231807
Liability accident department 111 55
Liabilities on policyholders account
Gross surplus on policyholdersaccount
Total liabilities
Estimated surplus accrued on tontine or other policies
the profits upon which are especially reserved for that
class of policies18277299
Estimated surplus accrued on all other policies 7162527
85085 56
31302 75
7875 00
9091 60
2429 62
7872040 55
359 398 26
8231438 81
VIPREMIUM NOTE ACCOUNT
1 Premium notes loans or liens on hand De
cember 31 of previous year 1104 69
2 Premium notes loans or liens received dur
ing the year on old policies 91 52
Balance note assets at end of the year
1196 21
STATE LIFE INSURANCE COMPANY INDIANAPOLIS IND
Amount of net or ledger assets Dec 31 of previous year 107083 78
IIINCOME DURING THE YEAR 1898
1 Cash received for premiums on
new policies without deduc
tions for commissions or other
expenses 156829 89
J Cash received for renewal pre
miums without deductions for
commissions or other expenses 153398 07
3 From dividends applied to pay
running premiums 15595 44
4 From surrender values applied
to pay running premiums 650 09
Total premium income 326473 49310
COMPTROLLERGENERALS REPORT
8 Cash received for interest on mortgage
loans 5147 91
10 Cash received for interest on premium notes
loans or liens 833 47
19 From all other sources viz Old account
omitted from last report 332 31
Total income
Total
332787 18
439870 96
IIIDISBURSEMENTS DURING YEAR 1898
1 Cash paid for death claims
including revisionary addi
tions
54500 00
7 Total net amount actually paid for losses
and matured endowments
11 Cash dividends applied to pay running pre
miums
13 Surrender values paid in cash
14 Surrender values applied to pay running
premiums
Agents unapplied cash carried to premium
account
17 Cash paid for commissions and bonuses to
agents less commission on reinsurance
new policies 9708543 renewals 10
79086
18 Cash paid for salaries and allowances to
managers and agents
19 Cash paid for medical examiners fees
20 Cash paid for salaries and all other com
pensation of officers and other home office
employes
21 Cash paid for taxes on new premiums
22 Cash paid for taxes on investments
23 Cash paid for insurance department fees
and agents licenses if 233390 municipal
licenses 10n58
24 Cash paid for rent
26 Cash paid for furniturefixtures and safes
for home and agency offices
27 Cash paid for advertising 175166 print
ing 304369
28 Cash paid for legal expenses
29 Cash paid for the following items viz In
ternal revenue 1599 Misc expenses
200082 directors salaries 1500 trav
eling expenses 434386
30 Total disbursements
31 Balance
54500 00
15595 44
157 08
650 09
1425 35
07876 29
4455 03
7141 13
31972 50
235 89
469 87
2434 48
2276 50
181 97
4795 35
1685 33
9443 68
245295 95
194575 01COMPTROLLERGENERALS REPORT
311
Invested in the following
IVASSETS AS PEE LEDGER ACCOUNTS
2 Loans on mortgage 1st liens on real estate
3 Loans secured by pledge of bonds stocks or
other marketable collaterals
6 c Cost value of bonds and stocks owned
excluding accrued interest at time of
purchase
7 Cash in companys office
8 Cash deposited in banks
9 Bills receivable
10 Agentsledger balances of which 618583
was advanced during the year
Certificate of deposit Marion Trust Co
144400 00
1407 52
1000 00
3494 62
35841 95
513 60
7317 32
600 00
13
Total net or ledger assets less depreciation 194575 01
OTHER ASSETS
14 Interest due 11700 and accrued 192216
on mortgages
Total carried out
2039 16
2039 16
23 Gross premiums due and un
reported on policies in force
December 31 J898
24 Gross deferred premiums on
policies in force December
31 1898
Totals
26 Deducting loading 60 per cent
on new and 3 per cent
on renewals
26 Net amount of uncollected
and deferred premiums
Deduct agents unapplied cash
New Business
89586 74
528 04
90114 78
54068 87
36045 91
Renewals
14279 56
12470 54
26750 10
802 50
28
25947 60
764 40 61229 11
Renewal premium notes secured by heirs on policies in force 9632 35
Total assets as per the books of the company 267475 63
ITEMS NOT ADMITTED
5 Agents balances
7 Bills receivable
Total
Total assets less items not admitted
7317 32
513 60
7830 92
259644 71312 COMPTROLLERGENERALS REPORT
VLIABILITIES
1 Net present value of all the outstanding
policies in force on the 31st day of Decem
ber 1898 computed according to the Act
uaries Table of Mortality with four per
cent interest 150631 36
Net reinsurance reserve 150631 36
10 Amount of all unpaid dividends of surplus or other de
scription of profits due policyholders 593 42
13 Amount due on accout of salaries rents and office ex
penses 596 35
16 Amount of any other liability of the company viz Pre
miums paid in advance 215 46
17 Liabilities on policyholders account 152 036 59
IS Gross surplus on policyholders account 107608 12
19 Total liabilities 259614 71
Business in Georgia During 1898
No Amount
Number and amount of policies on the lives of citi
zens of Georgia in force December 31 of previous
year 218 1070500 00
Number and amount of policies on the lives of citi
zens of Georgia issued during the year 136 580500 00
Total 354 1651000 00
Deduct number and amount which have ceased to
be in force during the year 157 748500 00
Total number and amount of policies in force in
Georgia December 31 1898 197 902500 00
BUSINESS IN GEORGIA FOR YEAR ENDING APRIL 30 1899
Risks 735500 00
Premiums 16116 84
Losses
Tax 161 17
THE TRAVELERSLIFE INSURANCE COMPANY HARTFORD CONN
ICAPITAL STOCK
Amount of net ledger assets December 31 of previous year 18145325 49
IIINCOME DURING THE YEAR
As shown by the books at home office at close of business December 31
1 First years premiums except
items 3 and 5 less interest
included in deferred premiums
827690 and 1220134 for 1st
years reinsurance 437186COMPTROLLERGENERALS REPORT
31a
2 Renewal premiums except
items 3 and 5 less interestin
eluded in deferred premiums
H041075and 8393876 for re
newal reinsurance2183535 87
5 Surrender values applied to
pay running premiums lsf
year premiums 59077 re
newals 415174 4742 51
7 Consideration for annuities
other than matured install
ment policies 13106 36
Total premium income 2638661 15
9 Rents from companys proper
erty including 1500000 for
companys use of own buildings 86404 80
10 Interest on loans on mortgages
of real estate 335013 23
11 Interest on collateral loans in
cluding premium notes loans
or liens 133040 81
12 Interest on bonds and divi
dends on stocks 350235 01
13 Interest on other debts due the
company and on deposits in
banks 40240 59
14 Discount on claims paid in ad
vance and interest on deferred
premiums 48687 65
Total rents and interest
17 From other sources viz Profit and loss
993622 00
7550 67
Total income during the year 3639833 82
Sum of both amounts 21785159 31
ITTDISBURSEMENTS DURING YEAR 1898
As shown by the books at home office at close of business December 31
1 For death claims 654181 59
2 Matured endowments 223882 65
3 Installment death claims 110876 42
Total 994940 66
4 Deduct amount received from
other companies for claims
on policies of this com
pany reinsured of which
is for matured endow
ments 12481 00
5 Total net amount actually paid for losses
and matured endowments 982459 06
i Paid to annuitants 15511 69314
COMPTROLLERGENERALS REPORT
11 Surrender values paid less 1539563 re
ceived on surrendered reinsurances 368641 97
12 Surrender values applied to pay running pre
miums 4742 51
Total paid policy holders 1371355 S3
14 Paid stockholders for interest or dividends
amount declared during the year 125000 00
15 Commissions and bonuses to agents less
commission received on reinsurances
newpolicies 20204672 renewal policies
10867194 on annuities 137879 311097 45
17 Salaries and allowances for agencies includ
ing managers agents and clerks 44233 59
18 Salaries and all other compensation offi
cers 2600000 home office employes
5206263 78062 63
19 Medical Examiners fees 23777 16
20 Taxes on new premiums 390933 renewal
premiums 2346019 on franchise 145000
on reserve 373380 municipal licenses
115021 U S revenue 352130 37230 83
21 Taxes on real estate 35640 70
22 Insurance department fees and agents li
censes 15051 73
23 Repairs and expenses other than taxes on
real estate 78734 02
24 Rent including 1509000 for companys
use of own buildings 17351 38
25 Advertising 1502114 printing and sta
tionery 604105 postage 597705 27039 24
26 Legal expenses 603837 for furniture
etc 106177 7100 14
27 Losses on sales of real estate 409704 on
sale or maturity of securities 1600000 20097 04
28 All other items viz Traveling expenses
119909 exchange 99176 express
charges 62897 expense 1808792 25907 74
Total miscellaneous expenses 81632365
Total disbursements 2217679 48
Balance 19567479 83
IVLEDGER ASSETS
As per ledger accounts shown by the1 books at home office at close of busi
ness December 31
1 Book value real estate unincumbered 1857041 71
2 Mortgage loans on real estate first liens 5785923 99
3 Loans secured by pledge of bonds stocks or
other collateral 1182327 64
4 Loans made to policy holders on this com
panys policies assigned as collateral 1175489 24COMPTROLLERGENERALS REPORT 315
6 Book value bonds excluding interest 0612
23706 stocks 191350843 8525745 49
7 Cash in companys office 202598 depos
ited in bank 103637860 1038404 58
8 Bills receivable agents debit bal
ances 254718 2547 18
Total net ledger assets as per balance above 19567479 83
NonLedger Assets
92109 65
109581 93
17480 65 219172 23
10 Interest due and accrued on mortgages
11 Interest due and accrued on bonds and stocks
12 Interestdue and accrued on collateral loans
16 Market value of real estate over book value
17 Market value not including interest in
item 11 of bonds and stocks over book
value
New Buiues
18 Gross premiums not more than
three months due after period
of grace unreported on poli
cies outstanding Dec 311838 93745 78
19 Gross deferred premiums on
policies outstanding Dec 31
1898 59338 02
152642 72
274546 32
Eenewals
211800 83
307433 73
519234 56
25961 73
427189 04
Totals 150033 80
21 Deductcost of collection 45 per
cent on new 5 per cent on
renewals 67537 71
22 Net amount of uncollected and
deferred premiums 82546 09
Gross assets 20789560 02
493272 83 575S18 92
Deduct Assets Not Admitted
3 Agents debit balances not secured by bonds
2547 18
Total admitted assets 20787 112 84
VNONLEDGER LIABILITIES
As shown by books at home office at close of business December 31 1898
Reserve for indemnity contracts 5000 00
1 Net present value of all the outstanding pol
icies in force on the 31st day of Dec 1898
as computed by the company according to
the Actuaries Table of Mortalities with
four per cent interest 18255251 00
Same for annuities including those in re
duction of premiums 115222 00
Total 18375473 00316 COMPTROLLERGENERALS REPORT
Deduct net value of risks of thiscom
pany reinsured in other solvent com
panies 367S77 00
Net reserve i8 007596 00
2 Present value of amounts not yet due on
matured installment policies face 690
14300 included in item I of liabilities 507044 00
3 Matured endowments due and unpaid 3887 00
4 Death losses due and unpaid 10800 00
5 Death losses in process of adjustment or
adjusted and not due 26808 23
6 Death losses which have been reported and
no proofs received 66 354 00
7 Death losses and other policy claims resist
ed by the company not yet outlawed 7550 00
Gross policy claims 115399 23
Net policy claims 115399 23
21 Salaries rents expenses taxes bills accounts bonuses
commissions medical and legal fees etc dueoraccrued 25000 00
32 Premiums paid in advance 35267 68
14 Any other liability viz Reserve for anticipatedchange
in rate of interest 400000 00
Liabilities on policyholders account 19090306 91
Gross divisible surplus 1 gg q5 93
Capital stock paid up 1696805 93
Total 20787112 84
Business in Georgia during the year ending Leo 31 1898
t x j Amount
Number and amount of policies on the lives of citi
zens of said State in force December 31 of pre
vious year 833 3375366 00
Number and amount of policies on the lives of citi
zens of said state issued during the year 168 613396 00
Total 1001 3988762 00
Deduct number and amount which have ceased
to be in force during the year 38 424032 00
Total number and amount of policies in force
in said state December 31 last 863 3564730 00
Amount of losses and claims on policies in slid state
incurred during the year 21 36075 82
Total 21 36075 82
Amount of losses and claims on policies in said state
settled during the year in cash 3607582 by
compromise 21 36 075 82COMPTROLLERGENERALS REPORT
SXi
What amount of premiums was collected or secured in said state during
the year in cash and notes or credits without any deduction for losses
dividends commissions or other expenses Answer Cash 106023 01
Notes or credits S total 10602301
BUSINESS IN GEORGIA FOR YEAR ENDING APRIL 30 1899
Risks 3773204 00
Premiums 111099 77
Losses 17245 52
Tax 1110 99
THE UNITED STATES LIFE INSURANCE COMPANY OF NEW YORK
NEW YORK
ICAPITAL STOCK
1 Amount of capital stock paid
up in cash 440000 00
a Amount of net or ledger assets December
31 of previous year 7195250 97
Extended at 7195250 97
II INCOME DURING THE YEAR
As shown by the books at Home Office at close of Business December 31st
1 First years premiums less in
terest included in deferred
premiums none and 3
42147 for 1st years reinsur
ance 179913 93
2 Renewal premiums less inter
est included in deferred
premiums 741813 and 5
37945 for renewal reinsur
ance 891948 89
3 Dividends applied by policy
holders to pay running pre
miums 1st year premiums
102166 renewals 13223 1153 89
4 Dividends applied by policy
holders to purchase paidup
additions and annuities 4718 00
5 Surrender values applied to
pay running premiums 1st
year premiums 42148 421 48
t Surrender values applied to
purchase paidup insurance
and annuities 54673 83
7 Consideration for annuities
other than matured instal
ment policies 52241 00
8 Total premium income 1185071 02318
COMPTROLLERGENERALS REPORT
9 Rents from Cos property in
cluding none for Cos use of
of own buildings 25833 17
10 Interest on loans on mort
gages of real estate 224975 74
11 Interest on collateral loans
including premium notes
loans or liens 28059 27
12 Interest on bonds and divi
dends on stocks 78849 68
13 Interest on other debts due
the company and on depos
its in banks 2360 95
14 Discount on claims paid in
advance none interest on
deferred premiums 7418 13
Total rents and interest 367496 94
15 Profit on sales of real estate none on sale
or maturity of securities 17669 17
Total income during the year 1570237 13
Sum of both amounts 876548S 10
IIIDISBURSEMENTS DURING YEAR
As shown by the books at Home Office at close of business December Slst
1 For death claims 30986150 additions
12892 08 522756 58
2 Matured endowments 55310 additions
113492 56444 92
3 Installment death claims 33333 addi
tions none 333 33
Total 579534 83
4 Deduct amount received from other com
panies for claims on policies of this com
pany reinsured of which none is for ma
tured endowments 5000 00
5 Total net amount actually paid for losses
and matured endowments 574534 83
6 Paid to annuitants 3278 99
7 Premium notes voided by lapse less 2
67450 restored by revival 15397 96
8 Dividends paid policyholders less none re
ceived for dividends on reinsurances 85658 78
9 Dividends applied by policyholders to pay
running premiums 1153 89
10 Dividends applied by policyholders to pur
chase paidup additions and annuities 4718 00
11 Surrender values paid less 91485 receiv
ed on surrendered reinsurances 149547 37
12 Surrender values applied to pay running
premiums 421 48COMPTROLLERGENERALS REPORT
319
13 Surrender values applied to purchase paid
up insurance and annuities 54673 83
Total paid policyholders 889385 13
14 Paid stockholders for interest 30800 00
15 Commissions and bonuses to agents less
commission received on reinsurances
new policies 11556241 renewal poli
cies 14328918 on annuities 340947 162261 06
17 Salaries and allowances for agencies in
cluding managers agents and clerks 80287 22
18 Salaries and all other compensation offic
ers 3406998 home office employes
2725633 61326 31
19 Medical examiners fees 1499955 inspec
tion of risks none 14999 55
20 Taxes on new premiums 171194 renewal
premiums 769059 on franchise none
on reserves 135973 municipal licenses
59254 11354 80
21 Taxes on real estate 776099 7760 99
22 Insurance department fees and agents li
censes 3235 90
23 Repairs and expenses other than taxes on
real estate 10461 60
24 Rent including none for companys use of
own buildingsless none received under
sub lease 25202 82
25 Advertising 1805638 printing and sta
tionery 553982 postage exchange ex
press etc 761640 31212 60
26 Legal expenses 1153150 11531 50
28 All other items viz profit and loss ac
count must be itemized directors fees
6320 profit and loss account ledger
balances 253199 miscellaneous ex
penses 1132288 traveling expenses
75915 internal revenue taxes 106647 22000 49
Total miscellaneous expenses 472434 84
Total disbursements 1361819 97
Balance 7403668 13
Invested in the following
IVLEDGER ASSETS
1 Book value real estate unincumbered
53265873 incumbered none 532658 73
2 Mortgage loans on real estate first liens
471666641 4716666 41
3 Loans secured by pledge of bonds stocks or
other collateral 8345 58
4 Loans made to policyholders on this com
panys policies assigned as collateral 433543 75320
COMPTROLLERGENERALS REPORT
5 Premium notes on policies in force of which
12243 is for first years premiums
6 Book value bonds excluding interest 1
52189384 stocks 14300 1536193 84
7 Cash in companys office 110993 deposit
ed in bank 15996305 161072 98
8 Bills receivable 2320 agents debit bal
ances 1286684 secured 15186 84
Total 7403668 13
Total net ledger assets as per balance above 7403668 13
NonLedger Assets
10 Interest due 202500 and accrued 15
01162 on mortgages
11 Interest due none and accrued 21795 05
on bonds and stocks
12 Interest due none and accrued 25037 on
collateral loans
13 Interest due 452201 and accrued 12
70916 on premium notes loans or liens
14 Interest due none and accrued 25080 on
other assets
15 Rents due on companys property or lease
16 Market value of real estate over book value
17 Market value of bonds and stocks overbook
value
18 Gross premiums not more
than three months due af
ter period of grace unre
portedon policies outstand
ing December 31st
19 Gross deferred premiums on
policies outstanding De
cember 31st
Totals
21 Deduct cost of collection 50
per cent on new 6 per
cent on renewals
22 Net amount of uncollected
and deferred premiums
New Business
47036 62
21795 05
250 37
17231 17
250 80
53041 27
178783 46
Renewals
34427 65 114553 49
73624 53
34427 65 188178 02
17213 82
17213 83
1HS39 54
177338 48
86564 01
231824 7
Gross assets
194552 31
7916609 18
VNONLEDGBB II A liI LIT Ks
As shown by tht books at Hbmt Office at close of busini ss J mbt r 31st
1 Net present value of all the outstanding
policies in force on the 31st day of De
iber 1898 as computed by the com
pany according to The Actuaries Table
i f Mortality with 4 percent interest 6811338 00COMPTROLLERGENERALS REPORT
321
Same for revisionary additions 115142 00
Same for annuities including those in re
daction of premiums 68623 00
Total
Deduct net value of risks of this company
reinsured in other solvent companies
Net reserve
Present value of amounts not yet due on matured instal
ment policies face 3000000
6995103 00
48703 00
6946400 00
18667 00
14127 00
35325 31
38795 00
12513 51
100760 82
11
12
13
14
Matured endowments due and unpaid
Death losses in process of adjustment or
adjusted and not due
Death losses which have been reported and
no proofs received
Death losses and other policy claims resist
ed by the company not yet outlawed
Gross policy claims
Net policy claims
Unpaid dividends or other profits due policyholders in
cluding those contingent on payment of outstanding
and deferred premiums
Salaries rents expenses taxes bills accounts bonuses
commissions medical and legal fees etc due or ac
crued
Premiums paid in advance
Surrender values claimable on policies canceled whose re
serves are not included in item 1
Any oilier liability viz cost of collection of part premi
um notes
Liabilities on policyholders account
Gross divisible surplus
Capital stock paid up
38563 01
440000 00
Total
Business in Georgia Qurlng Year 1898
No
Number and amount of policies on the lives of citizens
of Georgia in force Dec 31 of previous yenr 297
Number and amount of policies on the lives of citizens
of Georgia issued during ihe year 96
Total
Deduct number and amount of policies which have
ceased to be in force during the year ii
Total number and amount of policies in force in Geor
gia December 31 1898 399
Amounl of losses and claims on policies in Georgia in
curred during the year L
Amount of losses and claims on policies in Georgia paid
during the year 2
10060 82
9826 00
3060 52
2732 73
2475 CO
7074 10
7090996 17
825613 01
7916609 18
Amount
813435 00
279300 00
1092735 00
17950 mi
91323
5500 00
5500 CO322
COMPTROLLERGENERALS REPORT
What amount of premiums was collected or secured in said state during
the year in cash and notes or credits without any deduction for losses
dividends commissions or other expenses Answer Cash 2271705
Notes or credits Total 2271705
BUSINESS IN GEORGIA FOR YEAR ENDING APRII 30 1899
Risks 916235 00
Premiums 25378 05
Losses 5500 00
Tax 253 78
THE UNION CENTRAL LIFE INSURANCE CO CINCINNATI O
I CAPITAL STOCK
1 Amount of capital stock paid
up in cash 100000 00
Amount of net ledger assets December 31 of
previous year 17931272 13
Extended at 17931272 13
II INCOME DURING THE YEAR 1898
1 From premiums on new poli
cies without deductions for
commissions or other ex
penses 881113 65
1 From renewal premiums
without deductions for
commissions or other ex
penses 2952191 ii7
3 From dividends applied to pay
running premiums see item
11 Disbursements 81857 69
From dividends applied to
purchase paidup additions
and annuities see item 12
Disbursements 18122 OS
4 From surrender values applied
to pay running premiums
see item 14 Disbursements 6636 94
44 From surrender values ap
plied to purchase paidup
insurance and annuities see
item 15 Disbursements 85553 72
5 Consideration for annuities
other than matured install
ment policies 32323 02
Total 4057 798 77COMPTROLLERGENERALS REPORT
328
6 Deduct amount of premiums
paid to other companies for
reinsurance on policies in
this company new business
3547725 renewals 54
30514 89842 39
Total premium income 3967956 38
S Cash received for interest on mortgage
loans 960160 42
9 Cash received for interest on bonds owned
and dividends on stock 1299 50
10 Cash received for interest on premium
notes loans or liens 63797 65
11 Cash received for interest on other debts
due the company 159227 31
13 Cash received for rents for use of companys
property including 5000 for companys
own occupancy 20992 63
Total income 5185191 89
Total 23116404 02
III DISBURSEMENTS DURING THE YEAR
1 Cash paid for death claims in
cluding revisionary addi
tions 837608 09
2 Premium notes loans or liens
used in payment of same 10497 16
3 Cash paid for matured endow
mentsand additions thereto 165878 83
4 Premium notes loans or liens
used in payment of same 2080 05
Total 1016064 13
6 Deduct amount received from
other companies for losses
or claims on policies of this
company reinsured 2500 00
7 Total net amount actually paid for
losses and matured endowments 1013564 13
8 Cash paid to annuitants 3893 07
9 Premium notes loans or liens used in pur
chase of surrendered policies 300846
voided by lapse 19802704 201035 50
9 Premium notes loans or liens used in pay
ment of dividends to policyholders 3196 46
10 Cash dividends paid policyholders 77753 42
11 Cash dividends applied to pay running pre
miums see item 3 Income 81857 69
12 Cash dividends applied to purchase paidup
additions and annuities see item 3i In
come 18122 08324
COMPTROLLERGENERALS REPORT
13 Surrender values paid in cash 109440 50
14 Surrender values applied to pay running
premiums see item 4 Income 6636 94
15 Surrender values applied to purchase paid
up insurance and annuities see item 4
income 85553 72
Total paid to policyholders 1601059 51
16 Cash paid stockholders for interest or div
idends 10000 00
17 Cash paid for commissions and bonuses
to agents less commission on reinsur
ance new policies 45632295 renewals
18416229 annuities 1616 15 642101 39
18 Cash paid for salaries and allowances to
managers and agents 54082 73
19 Cash paid for medical examiners fees 59160 25
20 Cash paid for salaries and all other compen
sation of officers and other home office
employees 113279 70
21 Cash paid for taxes on new and renewals 50472 59
22 Cash for taxes on reserves 43150 on in
vestments 124989 on real estate
1279934 14480 73
23 Cash paid for insurance department fees
and agents licenses and municipal li
censes 1286432 war tax 587429 18738 61
24 Cash paid for rent including 5000 compa
nys occupancy 31367 64
25 Cash paid for commuting commissions 222 89
26 Cash paid for furniture fixtures and safes
for home and agency offices 10952 16
27 Cash paid for advertising 592173 print
ing 2499617 postage 822051 39138 41
28 Cash paid for real estate expenses other
than taxes 1699172 for legal expenses
1220677 29198 49
29 Cash paid for the following items viz
losses on sale real estate 727455 ac
counts charged to profit and loss 42
74382 general expenses 4013544 trav
eling expenses 1851686 mortgage in
vestment expense 11483004 223490 71
Total miscellaneous expenses gl30269630
30 Total disbursements 2903755 81
31 Balance 20212 648 21
Invested in the following
IVASSETS AS PEE LEDGER ACCOUNTS
1 Cost value of real estate exclusive of all
incumbrances 577020 679
10
11
12
13
COMPTROLLERGENERALS REPORT
Loans on mortgage first liens on real es
tate 15468620 75
Loans made in cash to policyholders on
this companys policies assigned as col
lateral 22405P3 16
Premium notes loans or liens on policies in
force of which 15313323 was received
during the year
Cost value of bonds and stocks owned ex
cluding accrued interest at time of pur
chase
Cash in companys office
Cash deposited in banks
Rills receivable
Agents ledger balances
325
958158 03
384734 37
481 07
351082 00
69527 34
192240 02
Total net or ledger assets as per balance
above 20242457 41
Deduct agents credit balances 29809 20
Total net or ledger assets less deprecia
tion 20212648 21
14
15
16
17
19
20
21
Other Assets
Interest due 6010149 and accrued 401
20634 on mortgages 461307 83
Interest accrued on bonds and stocks 1481 67
Interest due 388821and accrued 8241968
on collateral loans 86307 89
Interest accrued on premium notes loans
or liens 26766 89
Rents accrued on companys property or
lease 8039 57
Total
Market value of real estate over cost
Market value of bonds and stocks over cost
583903 85
5367 76
2546 8S
23
24
25
26
8
New
Business Renewals
Gross premiums due and unreported
on policies in force Dec 31 1898225946 56 63796 81
Gross deferred premiums on policies
in force Dec 31 1898 22414 98 56759 74
Totals 248361 54 120556 55
Deducting loading 47 per cent on
new and 6 per cent on re
newals 117971 73 7214 76
Net amount of uncollected and de
ferred premiums 130389 81 113341 79
243731 60
Total assets as per the books of the company 21048198 30326
COMPTROLLERGENERALS REPORT
Items not Admitted
Commissions payable to agents on premium
notes when paid
Agents balances
Bills receivable
118471 55
192240 02
69527 34
Total
Total assets less items not admitted
VLIABILITIES
1 Net present value of all the outstanding pol
icies in force on the 31st day of December
1898 computed according to the Actuaries
Table of Mortality with4 per ct interest
4 Claims for matured endowments due and
unpaid
5 Claims for death losses and matured endow
ments in process of adjustment or ad
justed and not due
6 Claims for death losses and other policy
claims resisted by the company
7 Amounts due on death losses which have
been reported and no proofs received net
Total policy claims
380238 9
20667959 3i
17893314 0l
3100 00
14428 00
47448 00
58349 00
10
Amount of all unpaid dividends of surplus or other
profits due policyholders
16 Amount of any other liability of the company viz prem
iums paid in advance
17 Liabilities on policyholders account
18 Gross surplus on policyholders account
123325 0
5396 51
72210 68
18094246 19
2573713 20
VI PREMIUM NOTE ACCOUNT
1 Premium notes loans or leins on hand De
cember 31 of previous year 916650 67
2 Premium notes loans or leins received dur
ing the year on new policies 35417295
on old policies 126953908 1623712 03
Total
Deductions during the year as follows
Amount of notes loans or liens used in
payment of losses and claims 12577 21
Amount of notes loans or liens used in
purchase of surrendered policies 3008 46
Amount of notes loans or liens voided by
lalse 201035 50
Amount of notes loans or liens used in
payment of dividends to policyholders 3196 46
Amount of notes loans or liens redeemed
by maker in cash 1362387 04
Total reduction of premium note account
Balance Note assets at end of the year
2540362 7
1582204 67
958158 03COMPTROLLERGENERALS REPORT 327
Business in Georgia During 1898
No Amount
Number and amount of policies on the lives of citizens of
Georgia in force December 31 of previous year 938 1914277 00
Number and amount of policies on the lives of citizens of
Georgia issued during the year 352 8277 00
Total1290 2697054 00
Deduct number and amount which have ceased to be in
force during the yearJ218 41295000
Total number and amount of policies in force in
Georgia December 31 18981072 2284104 00
Amount of losses and claims on policies in Georgia un
paid December 31 of previous year 1 50 00
Amount of losses and claims on policies in Georgia in
curred during the year 12 16971 00
Total3 21977 00
Amount of losses and claims on policies in Georgia paid
during the year 12 16977 00
Amount of premiums collected or secured in Georgia during
the year in cash and notes or credits without any deduc
tion for losses dividends commissions or other expenses 72591 27
BUSINESS IN GEORGIA FOE YEAR ENDING APRIL 30 1899
Risks 2381390 00
Premiums 74057 2o
Losses 3295200
Tax 740 5
THE WASHINGTON LIFE INSURANCE COMPANY NEW YORK
NEW YORK
ICAPITAL STOCK
1 Amount of capital stock paid
up in cash 125000 00
Amount of net or ledger assets December
31 of previous year 14068530 69
Extended at 14068530 69
IIINCOME DURING YEAR 1898
1 Cash received for premiums
on new policies without
deductions for commissions
or other expenses 271717 66
1 Cash received for renewal
premiums without deduc
tions for commissions or
other expenses 1492019 6232S
COMPTROLLERGENERALS REPORT
3 Prom dividends applied to
pay running premiums see
item 11 Disbursements 77266 85
3 Prom dividends applied to
purchase paidup additions
and annuities see item 12
Disbursements 101071 00
4J From surrender values applied
to purchase paid up insur
ance and annuities see
item 15Disbursements 98746 43
5 Consideration for annuities
other than matured in
stallment policies 21445 35
7 Total premium income 2062266 91
8 Cash received for interest on mortgage
loans 470412 95
9 Cash received for interest on bonds owned
and dividends on stock 37171 29
11 Cash received for interest on other delts
due the company 105844 36
12 Cash received as discount on claims paid
in advance 8451 09
13 Cash received for rents for use of com
panys property including 3493333 for
companys own occupancy 118720 80
14 Cash received for profits on sales of bonds
or stocks 4635121 real estate 7092 46422 13
Total income 2849289 53
Total 16917S20 22
III DISBURSEMENTS DURING YEAR 1898
1 Cash paid for death claims
including revisionary addi
tions 817141 32
3 Cash paid for matured en
dowments and additions
thereto 311471 19
7 Total net amount actually paid for losses
and matured endowments 1128612 51
8 Cash paid to annuitants 20036 77
9 Return premiums 3163 00
11 Cash dividends applied to pay running
premiums see item 3 Income 77266 85
12 Cash dividends applied to purchase paid
up additions and annuities see item
3 Income 101071 00
13 Surrender values paid in cash 93256 68COMPTROLLERGENERALS REPORT 329
15 Surrender values applied to purchase paid
up insurance and annuities see item
4y2 Income 98746 43
Total paid policyholders 152215324
16 Cash paid stockholders for interest or divi
dends 8750 00
17 Cash paid for commissions and bonuses to
agents less commission on reinsur
ance new policies 15148573 renewals
9071413 242199 86
18 Cash paid for salaries and allowances to
managers and agents 101714 12
19 Cash paid for medical examiners fees
3150813 inspection of risks 1247915 43987 28
20 Cash paid for salaries and all other com
pensation of officers and other home of
fice employees 102948 29
21 Cash paid for taxes on premiums 15
12915 Internal Revenue tax 376290 18892 05
22 Cash paid for taxes on reserves 282658
on investments 1791513 20741 71
23 Cash paid for insurance department fees
and agents licenses 231106 municipal
licenses 629779 franchise 28095 8889 80
24 Cash paid for rent including 3493333
companys occupancy SO846 15
25 Cash paid for commuting commissions 35156 42
27 Cash paid for advertising 1032209 print
ing and stationery 1384153 exchange
and postage 879319 32956 81
28 Cash paid for real estate expenses other
than taxes 23404 50
29 Cash paid for the following items viz Of
fice expanses 1537080 interest 774662 23117 42
Profit and loss 11312 83
Total miscellaneous expenses 73491724
30 Total disbursements 2257070 48
21 Balance 14660749 74
Invested in the following
IVASSETS AS PER LEDGER ACCOTNTS
1 Cost value of real estate exclusive of all
incumbrances 4494916 60
2 Loans on mortgage first liens on real es
tate 8411215 38
3 Loans secured by pledge of bonds stocks
or other marketable collaterals 50000 00
4 Loans made in cash to policyholders on
this companys policies assigned as col
lateral 977267 61330
COMPTROLLERGENERALS REPORT
6 Cost value of bonds and stocks owned
excluding accrued interest at time ot
purchase 496040 33
7 Cash in companys office 17969 66
8 Cash deposited in banks 166065 41
10 Agents balances partly secured 2500
paid since December 31st 400S7 96
Office furniture 7186 79
11 Totalnet or ledger assets as per balance
above 14660749 74
12 Deduct depreciation from cost of assets to
bring same to market value 5986 25
13 Total net or ledger assets less depreciation 14654763 49
OTHER ASSETS
14 Interest due 3591822 and accrued 78
75805 on mortgages
15 Interest due and accrued 1454Hi
on bonds and stocks
Hi Interest due 589811 and accrued 14
16611 on collateral loans
IS Interest due and accrued 380795
on other assets
19 Rents due 83125 and accrued 1966073
on companys property or lease
Total carried out
114676 27
1454 16
20064 22
3807 95
20491 98
160494 58
New Business
23 Gross premiums due and unre
ported on policies in force
December 31 1898 47516 19
21 Gross deferred premiums on
policies in force December
31 1898 35195 51
Totals 82711 70
25 Deducting loading55 percent
on new and 58 percent
on renewals 46070 41
26 Net amount of uncollected and
deferred premiums 36641 29
28
Renewals
73669 21
170839 13
244508 34
14181 49
230326 85 266968 14
Total assets as per books of the company 15082226 21
VLIABILITIES
1 Net present value of all the outstanding
policies in force on the 31st day of De
cember 1898 computed according to The
Actuaries Table of Mortality with four
per cent interest 14359984 00
Net reinsurance reserve 14 359
984 00COMPTROLLERGENERALS REPORT 331
3 Claims for death losses due and unpaid 916 00
4 Claims for matured endowments due and
unpaid 8578 28
5 Claims for death losses and matured en
dowments in process of adjustment or ad
justed and not due 9000 00
6 Claims for death losses reported only 42353 90
Total policy claims 60848 18
16 Amount of any other liability of the company viz Pre
miums paid in advance 11212 30
17 Liabilities on policyholders account 14432044 48
18 Gross surplus on policyholders account 650181 73
19 Total liabilities 15082226 21
Business in Georgia during 1898
No Amount
Number and amount of policies on the lives of citi
zens of Georgia in force December 31 of previous
year 577 949296 00
Number and amount of policies on the lives of citi
zens of Georgia issued during the year 84 124872 00
Total 661 1074168 00
Deduct number and amount which have ceased
to be in force during the year 122 200812 00
Total number and amount of policies in force
in Georgia December 31 1898 539 873356 00
Amount of losses and claims on policies in Georgia
incurred during the year 7 12048 50
Total 7 12048 50
Amount of losses and claims on policies in Georgia
paid during the year 6 11048 50
What amount of premiums was collected or secured in Georgia during
the year in cash and notes or credits without any deduction for losses
dividends commissions or other expenses
Answer Cash 2713619 Notes or credits Total 2713619
BUSINESS IN GEORGIA FOR YEAR ENDING APRIL 30 1899
Risks 892315 00
Premiums 27769 03
Losses 20653 00
Tax 277 69332
COMPTROLLERGENERALS REPORT
THE ATLANTA MUTUAL LIFE INSURANCE COMPANY ATLANTA
GEORGIA
IBALANCE SHEET
a Amount of net or ledger assets December 31st of pre
vious year
By credits of claims against the Union Loan and
Trust Company and States Savings Bank not al
lowed by the Insurance Commissioner
Ledger assets
18873 17
15390 C8
3483 oit
IIINCOME DURING YEAR 1898
Gross amount paid by members to the association or
its agents without deductions for commissions or
other expenses as follows
1 Membership fees 73 00
2 Annual dues 10077 70
4 For medical examiners fees L72 50
Total paid by members 10323 20
7 Cash received from all other sources 27 K
Total income
Total
DISBURSEMENTS DURING lEAR L898
1 Losses and claims 4 374 23
3 Commissions and fees retained by or paid
11 merits 663 93
Salaries and traveling expenses of managers
of agencies and general special and local
aSents 239 05
6 Medical examiners fees whether paid di
rect by members or otherwise 172
Salaries and oher compensation of officers
and other office employees ggj 90
8 Rent 94000 taxes 15320 1093 20
9 Advanced to 1 fleers and agents to he repaid
out of future salaries or conmissions 399 02
10 Advertising 7953 blanks and printing
7i5 losss
li All other items viz Furniture 22024
office supplies 18358 postage 9950
incidental expenses exchange discount
collections etc 16001 ggg 33
Total expenses footings of item 3 to 11
525481
Total disbursements
Balance
10350 20
13833 29
9629 in
1204 25COMPTROLLERGENERALS REPORT
IVINVESTED ASSETS
6 Cash in office 6 66
7 Cash deposited in banks on reserved fund
account Atlanta National Bank
Security account
Total
ff Agents ledger balances
9 All other ledger assets
Furniture
10 Total net or ledger assets
Total net or ledger assets less depreciation
VCONTINGENT ASSETS
12 Interest due
17 Mortuary assessments due and unpaid on
memberships in force
18 Mortuary assessments not yet due
Total due from members 13467 79
Total
333
119 50
977 87
1104 03
843 75
956 47
1300 00
3100 22
ation 4204 25
623 85
1497 25
11970 54
21
Total assets
VILIABILITIES
2 Losses in process of adjustment or adjusted and not due
6 For salaries rents and office expenses
Total liabilities
14091 64
18295 89
2023 00
52 75
2075 75
VII EXHIBIT P CERTIFICATES OB POLICIESNUMBER AND AMOUNT
Total Business of 1698
No Amount
Policies or certificates in force December 31 1897 522 716751 00
Policies or certificates written during the year 1898 259 345500 00
Total 881 1062250 00
Deduct number and amount which have ceased to be in
force during 1898 283 359750 00
Total policies or certificates in force December 31
L808 598 702501 00
202 oo
4374 23
6397 23
Losses and claims on policies or certificates unpaid De
cember 31 18 S 7
Losses and claims on policies or certificates incurred
during the year 1898 67
74
Total
Losses and claims on policies or certificates paid during
the year 1898 67
137 1 23
Business In Georgia Durng 1S9S
No Amount
Policies or certificates in force December 31 1897 595 546250 00
Policies or certificates written during the year 1898 208 277500 00
Total 803 823750 00334 COMPTROLLERGENERALS REPORT
Peduct number and amount which have ceased to be in
force during 1898 274 315750 00
Total policies in force December 31 189S 529 508000 00
Losses and claims on policies or certificates unpaid De
cember 31 1898 7 2023 00
Losses and claims on policies or certificates incurred
during the year 1898 60 4166 23
Total 67 6189 23
Losses and claims on policies or certificates paid during
the year 1898 60 4166 23
THE BANKERS GUARANTEE FUND LIFE ASSOCIATION
ATLANTA GA
IBALANCE SHEET
Amount of net or ledger assets December 31st of pre
vious year 68179 36
IIINCOME DURING YEAR 1898
Gross amount paid by members to the as
sociation or its agents without deduc
tions for commissions or other expen
ses as follows
1 Membership fees 6914 60
2 Annual dues 32559 66
3 Assessments 19193 04
Total paid by members 58667 30
5 Interest 1147 73
7 Cash received from all other sources viz
Commission in office 342 62
Guarantee fund 508o 82
Total income g5 238 47
Total 133417 S3
IIIDISBURSEMENTS DURING YEAR 1898
1 Losses and claims 17400 00
Disability claim 300 00
2 Annual payments and assessments returned
to members guarantee fund returned to
members 151 50
Total paid to members 17851 50COMPTROLLERGENERALS REPORT
335
3 Commissions and fees retained by or paid
to agents
5 Salaries and traveling expenses of mana
gers of agencies and general special and
local agents
6 Medical examiners fees whether paid di
rect by members or otherwise
7 Salaries and other compensation of officers
and other office employees
8 Rent 78200 taxes 72173
9 Advanced to agents to be repaid out of
future salaries or commissions
10 Advertising 45583 blanks and printing
11 All other items viz Postage 109677
exchange 61258 revenue 45794 sun
dry expenses 105818
License 63750 attorneys fees and in
surance 12000 adjusting claims
31085
Total expenses footings of Items 3 to 11
2658681
8077 31
1484 90
1618 25
7190 80
1503 73
1115 31
1302 69
3225 47
1068 35
Total disbursements
44438 31
Balance
5979 52
IVINVESTED ASSETS
Where held as a Reserve Fund state the fact specifically
5 Cost value of bonds and stocks owned ab
solutely 30370 00
6 Cash in office 1284 41
Bank depositories 18366 74
8 Agents ledger balances 7913 78
9 All other ledger assets viz Bills re
ceivable 30211 31
Fixtures 833 28
Total net or ledger assets less depreciation
88979 52
VCONTINGENT ASSETS
15 Market value of bonds and stocks over cost
18 Mortuary assessments not yet due 7913 15
20 Annual payments or premiums in process
of collection not yet due 7234 14
23 Net amount due from members
Total assets
742 50
15147 29
104S69 31336 COMPTROLLERGENERALS REPORT
VI LIABILITIES
2 Losses in process of adjustment or adjusted and not
due number of claims 3 10000 00
4 Losses resisted by the company number of claims 2 8000 00
Total liabilities 18000 00
VIIEXHIBIT OF CERTIFICATES OR POLICIESXUMBER AND AMOUNT
No Amount
Policies or certificates in force December 31 1897 2114 4237500 00
Policies or certificates written during the year 1898 472 1000500 00
Total 2586 5238000 00
Deduct number and amount which have ceased
to be in force during 1898 338 776500 00
Total policies or certificates in force December
31 1898 2248 4461500 00
Losses and claims on policies or certificates unpaid
December 31 1897 2 4000 00
Marcus Frankee died 1897 not included 1 2000 00
Losses and claims on policies or certificates incurred
during the year 1898 15 29700 00
Total 17 35700 00
Losses and claims on policies or certificates paid
during the year 189S 9 17700 00
Policies or certificates in force December 31 1897 1627 3153500 00
Policies or certificates written during the year 1898 277 555000 00
Total 1904 3708500 00
Deduct number and amount which have ceased
to be in force during 1898 265 540500 00
Total policies in force December 31 1898 1639 3168000 00
Losses and claims on policies or certificates unpaid De
cember 31 1897 200000
Losses and claims on policies or certificates incurred
during the year 1898 6 12000 00
Total 7 14000 00
Losses and claims on policies or certificates paid during
the year 1898 6 12m 0Q
HISINESS IN GEORGIA FOR YEAR ENDING APRIL 30 1899
iskS 3146000 00
TPremlUmS 50582 44
0S38S 14300 00
lax
505 83COMPTROLLERGENERALS REPORT 337
THE CHICAGO GUARANTY FUND LIFE SOCIETY CHICAGO ILL
IBALANCE sheet
Amount of net or ledger assets December 31st of pre
vious year 204571 80
IIINCOME DURING YEAR 1898
Gross amounts paid by members to the
association or its agents without deduc
tions for commissions or other expen
ses as follows
1 Expense portion of first year premiums 53462 04
2 Annual dues 32321 38
3 Assessments and mortuary portion of pre
miums 90183 42
4 Reserve for claims 35000 guaranty fund
49127 841 27
Total paid by members 176808 11
5 Interest 9992 42
7 Cash received from all other sources viz
Profit on sale of securities 5000 regis
tered second notice fees 10750 157 50
Total income 186958 03
Total 391529 83
IIIDISBURSEMENTS DURING YEAR 1898
1 Losses and claims 100827 36
2 Annual payments and assessments returned
to members 546 83
Total paid to members 101374 24
3 Commissions and fees retained by or paid
to agents 28533 74
4 Commissions and fees retained by or paid
to officers and directors 7222 60
5 Salaries and traveling expenses of mana
gers of agencies and general special and
local agents 10079 81
6 Medical examiners fees whether paid di
rect by members or otherwise 3091 57
7 Salaries and other compensation of of
ficers and other office employees 6960 74
8 Rent 486560 taxes 1015 55 588115
10 Advertising 53585 blanks and printing
175884 2294 69 338
COMPTROLLERGENERALS REPORT
11 All other items viz Collections 174352
legal expenses 535676 loss on disposal
of securities 42485 postage 157242
traveling 202809 agents accounts
closed 348663 general expense 1
64522
Total expenses footings of Items 3 to 11
8032179
Total disbursements
16257 49
181696 03
Balance
209833 80
IVINVESTED ASSETS
2 Loans on bond and mortgage first liens
on real estate 3500 00
5 Cost value of bonds and stocks owned ab
solutely 169553 53
6 Cash in office 1557 19
7 Cash deposited in banks on reserved fund
account Royal Trust Company 13669 21
8 Agents ledger balances and bills receiv
able 20620 09
9 All other ledger assets vizfurniture and
fixtures 1235 47
Total net or ledger assets less depreciation
210135 49
CONTINGENT ASSETS
12 Interest due 57000 and accrued 405547
15 Market value of bonds over cost
16 Due from members for claims not yet as
sessed 70450 00
17 Mortuary assessments due and unpaid on
memberships in force 576 05
21 Total due frolm members
23 Net amount due from members
24 All other assets viz Reserve on unpaid claims
Advance mortuary overdrawn
Cash
71026 05
Total assets
4925 47
3189 47
71026 05
100 00
1581 74
1825 93
292784 15
LIABILITIES
1 Losses due and unpaid number of claims 1 3000 00
2 Losses in process of adjustment or adjusted and not
due number of claims 20 32950 00
3 Loss as reported for which assessments haw not been
made number of claims 5 24000 00COMPTROLLERGENERALS REPORT 339
4 Losses resisted by the company number of claims 4 10600 00
9 Amount of all other liability viz Advance assessments 46 46
Agents credit balances 301 69
Advance insurance fund 3361 21
Total liabilities 74159 36
VIIEXHIBIT OF CERTIFICATES OR POLICIESNUMBER AND AMOUNT
No Amount
Policies or certificates in force December 31 1897 4411 8827100 00
Policies or certificates written during the year 1898 3739 3199850 00
Total 8150 12026950 00
Deduct number and amount which have ceased
to be in force during 1898 3638 5402650 00
Total policies or certificates in force December
31 189g 4512 6624300 00
Losses and claims on policies or certificates unpaid
December 31 1897 U 23000 00
Losses and claims on policies or certificates incurred
during the year 1898 76 0250 00
Total 87 193250 00
Losses and claims on policies or certificates paid
during the year 1898 54 122800 00
Policies or certificates in force December 31 1897 Ill 295000 00
Policies or certificates written during the year 1898 13 27000 00
Total 124 322000 00
Deduct number and amount which have ceased
to be in force during 1898 36 91500 00
Total policies in force December 31 1898 88 230500 00
Losses and claims on policies or certificates unpaid
December 31 1897 1 1000 00
Losses and claims on policies or certificates incurred
during the year 1898 1 1000 00
Total 2 2
Losses and claims on policies or certificates paid dur
ing the year 1398 i iooooo
BUSINESS IN GEORRIA FOR YEAR ENDING APRIL 30 1899
Risks 18000000
Premiums 6347 20
Losses O0000
Tax 6347340 COMPTROLLERGENERALS REPORT
EQUITY LIFE ASSOCIATION STAUNTON VA
IBALANCE SHEET
Amount of net or ledger assets December 31st of pre
vious year
IIINCOME DURING YEAR 1898
Gross amount paid by members to the as
sociation or its agents without deduc
tions for commissions or other expen
ses as follows
3 Assessments 54157 20
Total paid by members 54157 20
5 Interest 1944 87
6 Rents 825 00
7 Cash received from all Other sources 1487 06
Total income
Total
111DISBURSEMENTS DURING YEAR 1898
1 Losses and claims 19663 49
2 Annual payments and assessments re
turned to members 4878 63
Total paid to members 24542 12
3 Commissions and fees retained by or paid
to agents 13446 79
5 Salaries and traveling expenses of mana
gers of agencies and general special and
local agents 4375 59
6 Medical examiners fees whether paid di
rect by members or otherwise 1866 42
7 Salaries and other compensation of of
ficers and other office employees 3800 00
8 Reffit 3477 85
9 Advanced to officers and agents to be re
paid out of future salaries or cornmis
8ions 1657 50
11 All other items viz Land bond and
interest 1570 90
Revenue stamps postage office expenses
telegrams printing and legal fees 1796 65
Total disbursements
Balance
111264 69
58414 13
169678 82
56533 73
113145 09COMPTROLLERGENERALS REPORT
341
IVINVESTED ASSETS
IV Cost value of real estate in cash exclu
sive of all incumbrances 2526 63
2 Loans on bond and mortgage first liens
on real estate 10186 55
4 Loans made in cash to members on this
companys certificates assigned as col
lateral 7784 35
5 Cost value of bonds and stocks owned ab
solutely 6210000
6 Cash in office 233 97
7 Cash deposited in banks on reserved fund
account Augusta National bank of
Staunton S D Ferguson Banker Roa
nokeVa 7966 01
8 Agents ledger balances 14543 74
9 All other ledger assets viz Accounts
other than agents 2403 84
Loans secured by personal security 5400 00
10 Total net or ledger assets 113145 09
Total net or ledger assets less depreciation 113145 09
VCONTINGENT ASSETS
12 Interest due and accrued 915 34
14 Market value of real estate over cost 1100 00
15 Market value of bonds and stocks over cost 1000 00
18 Mortuary assessments not yet due 3483 12
20 Annual payments or premiums in process
of collection not yet due 3987 10
21 Total due from members 7470 22
22 Deduct estimated cost of collection 747 02
23 Net amount due from members 6723 20 6723 20
Total assets 122883 63
VILIABILITIES
2 Losses in process of adjustment or adjusted and not
due number of claims 1 100C
3 Losses reported for which assessments have not been
made number of claims 1 000 00
4 Losses resisted by the company number of claims 2 7000 00
9 Amount of all other liability viz Land bonds not due 2873 69
Total liabilities n873 69342 COMPTROLLERGENERALS REPORT
VIIEXHIBIT OV CERTIFICATES OK POLICIESNUMBER AND AMOUNT
Policies or certificates in force December 81 1897 2437 473500 s2
Policies or certificates written during the year 1898 564 968500 00
Total 3001 5706000 82
Deduct number and amount which have ceased to be
in force during 1898 471 8TO000
Total policies or certificates in force December 31
1897 2530 4836000 62
Losses and claims on policies or certificates incurred
during the year 1898 16 28 663 49
Toital 16 28663 49
Losses and claims on policies or certificates paid dur
ing the year 1898 12 19 663 49
Business in Georgia During 1898
No Amount
Policies or certificates in force December 31 1897 59 84500 00
Policies or certificates written during the year 1898 95 108000 00
Total 154 1925oo 00
Deduct number and amount which have ceased to be
in force during 1898 49 71500 00
Total policies in force December 31 1898 105 121oOO 00
Losses and claims on policies or certificates incurred
during the year 1898 x 1 000 00
Total 1 1000 00
Losses and claims on policies or certificates paid dur
ing the year 1898 1 100000
BUSINESS IN GEORGIA FOR YEAR ENDING APRIL 30 1899
fkS 151000 00
TPrCmmmS 369687
Losses
Tax 10U00
36 96COMPTROLLERGENERALS REPORT 343
GEORGIA SICK AND ACCIDENT BENEFIT ASSOCIATION
ATLANTA GA
I BALANCE SHEET
Amount of net or ledger assets March 9th of previous
year 1013 55
II INCOME DURING THE YEAR 1898
Gross amount paid by members to the as
sociation or its agents without deduc
tions for commissions or other expen
ses as follows
1 Membership fees 173 70
2 Annual dues 5500 00
Total paid by members 5673 70
Total income blZ 70
Total 668 25
III DISBURSEMENTS DURING YEAR 1898
1 Losses and claims 1438 70
2 Annual payments and assessments re
turned to members 30 00
Total paid to members 1468 70
3 Commissions and fees retained by or paid
to agents 3155 59
4 Commissions and fees retained by or paid
to officers and directors 105 00
5 Salaries and traveling expenses of mana
gers of agencies and general special and
local agents 50 00
6 Medical examiners fees whether paid di
rect by members or otherwise 10 00
7 Salaries and other compensation of of
cers and other office employees 480 00
8 Rent 11000 taxes 5674 166 74
10 Advertising 3000 blanks and printing
12720 157 20
11 All other items viz Postage and express 25 00
Office furniture 15 00
Total 5633 23
Total expenses footings of Items 3 to 11
416453
Total disbursements 5633 23
Balance 1054 02344
COMPTROLLERGENERALS REPORT
IV INVESTED ASSETS
4 Loans made in cash to members on this
companys certificates assigned as col
lateral
6 Cash in office
Agents ledger balances see clause 19 V
17035
213 55
840 47
Total
Total net or ledger assets less depreciation
1054 02
1054 02
V CONTINGENT ASSETS
19 Weekly payments or premiums due and
unpaid on memberships in force 170 35
20 Annual payments or premiums in process
of collection not yet due 10610 60
21 Total due from mejmbers 10781 55
22 Deduct estimated cost of collection 20
percent 2156 31
23 Net amount due from members 8625 24
24 All other assets viz Office furniture
19000 stationery and books 300 490 00
Total
Total assets
9115 24
10169 26
VI LAIBILITIS
6 For salaries rents and office expenses
Total
100 00
100 00
VII EXHIBIT OF CERTIFICATES OR POLICIESNUMBER AND AMOUNT
No Amount
Policies or certificates in force March 9 1898 all in
Georgia 1209
Policies or certificates written during the year 1898
all in Georgia 1666
Total 2875
Deduct number and amount which have ceased to be
in force during 1898 943
Total policies or certificates in force December
31 1898 1932
24180 00
33320 00
57500 00
18860 00
38640 00COMPTROLLERGENERALS REPORT
Losses and claims on policies or certificates incurred
during the year 1898 746
Total 746
Losses and claims on policies or certificates paid dur
ing the year 1898 746
Business in Georgia during 1898
Policies or certificates in force Miarch 9 1898 1209
Policies or certificates written during the year 1898 1666
Total 2875
Deduct number and amount which have ceased to be
in force during 1898 94S
Total policies in force December 31 1898 1932
Losses and claims on policies or certificates incurred
during the year 189S 746
Total 746
Losses and claims on policies or certificates paid dur
ing the year 1898 746
BUSINESS IN GEORGIA FOR YEAR ENDING APRIL 30 1899
Risks
Premiums
Losses
Tax
345
1438 70
1438 70
1438 70
24180 00
33320 00
57500 00
18860 00
38640 00
1438 70
1438 70
1438 70
39500 00
6750 00
2199 50
67 50
THE HOME FRIENDLY SOCIETY BALTIMORE MD
IBALANCE SHEET
Amount of net or lodger assets December 31st of pre
vious year
IIINCOME DURING YEAR 1898
Gross amount paid by members to the as
sociation or its agents without deduc
tions for commissions or other ex
penses as follows
1 Membership fees 624 99
2 Annual dues 355 23
3 Assessments 168798 12
4 For stationery 16499 duplicates 741 172 40
Total paid by members 169950 74
5 Interest 122 09
31385 23346 COMPTROLLERGENERALS REPORT
6 Rents 4012 07
Total income
Total
HIDISBURSEMENTS DURING YEAR 1898
1 Losses and claims 71675 13
2 Annual payments and assessments re
turned to members 266 08
Total paid to members
3 Commissions and fees retained by or paid
to agents
5 Salaries and traveling expanses of mana
gers of agencies and general special and
local agents
6 Medical examiners fees whether paid di
rect by members or otherwise
7 Salaries and other compensation of of
ficers and other office employees
8 Rent 283450 taxes 170790
9 Advanced to officers and agents to be re
paid out of future salaries or commis
sions
10 Advertising blanks and printing
11 All other items viz Building expense
242989 attorney fees 64260 post
age 27203 3344 52
Interest 86386 war tax 36201 all
other items 361110 4830 97
Bills payable 2950 00
71941 21
38235 72
21126 00
1744 00
19036 64
4542 40
232 37
2624 15
Total disbursements
Balance
IV INVESTED ASSETS
1 Cost value of real estate in cash exclu
sive of all incumbrances
5 Cost value of bonds and stocks owned ab
solutely
6 Cash in office
All other deposits Old Town and Com
monwealth
27513 89
3628 75
914 07
2799 44
174084 90
205470 13
170613 iS
34856 15
Total net or ledger assets less depreciation
34856 15COMPTROLLERGENERALS REPORT 347
VCONTINGENT ASSETS
12 Interest due 12250 50
13 Rents due 30700 and accrued 11216
14 Market value of real estate over cost 14486 n
15 Market value of bonds and stocks over cost 221 25
17 Mortuary assessments due and unpaid on
memberships in force 1570 95
21 Total due from members L570 95
22 Deduct estimated cost of collection 157 09
23 Net amount due from members i413 86
Total assets 51519 03
VILIABILITIES
2 Losses in process of adjustment or adjusted and not due
number of claims 1 100 j
7 Borrowed including interest due or accrued 3750 00
Total liabilities 4750 00
VIIEXHIBIT Or CERTIFICATES OK POLICIESNUMBER AND AMOUNT
No Amount
Policies or certificates in force December 31 1897 37412 2784410 00
Policies or certificates written during the year 1896 24689 1731020 00
Toal 62101 4515430 00
Deduct number and amount which have ceased to be
in force during 189825519 1817440 00
Total policies or certificates in force December 31
n8 36582 2697990 00
Losses and claims on policies or certificates incurred
during the year 189S 9172 72075 13
Total 9172 727513
Losses and claims on policies or certificates paid dur
in the year 1898 71675 13
BuHnet in Georgia During 1898
Policies or certificates in force December 31 1897 2150 164100 00
Policies or certificates written during the year 1S98 750 52500 00
Total 2900 216600 00
Deduct number and amount which have ceased to be
in force during 1898 713 51610 P0
Total policies in force December 31 1898 2187 165090 00348 COMPTROLLERGENERALS REPORT
Losses and claims on policies or certificates incurred
during the year 1898 m3 g
Tta1 5
Jo03B and claimson policies or certificates paid dur
ing the year 1898 vm 5m
BUSINESS IN GEORGIA FOR YEAR ENDING APRIL 30 1899
Risks
Premiums 170660 00
Losses 960430
Tax 142442
96 04
THE INDUSTRIAL AID ASSOCIATION ATLANTA GA
IBALANCE SHEET
Amount of net or ledger assets December 31st of pre
vious year
2585 4o
IIINCOME DURING YEAR 1898
Gross amount paid by members to the as
sociation or its agents without deduc
tions for commissions or other expenses
as follows
1 Membership fees 2 198 0
2 Annual dues 5923 45
Total paid by members 61125 65
TtaIinCOme 61125 65
Total
63707 05
IIIDISBURSEMENTS DURING YEAR 1898
1 Losses and claims Weekly indemnity
No of claims 7603 amount 1330720
deaths No of claims 201 amount 2
Am75 15546 95
2 Annual payments and assessments return
ed to members 226 1Q
Total paid to members 15773
3 Commissions and fees retained by or paid
to agents
5 Salaries and traveling expenses of mana
gers of agencies and general special and
CaIagents 352 0010
11
COMPTROLLERGENERALS REPORT
Medical examiners fees whether paid di
rect by members or otherwise 321 00
Salaries and other compensation o of
ficers and other office employees 13420 00
Rent 72250 taxes 63342 1355 92
Advertising blanks and printing 1356 60
All other items viz Postage and express
23477 office furniture and fixtures
32000 554 77
Total expenses footing of Items 3 to 11
4385119
Total disbursements
Balance
340
59624 24
4082 81
IVINVESTED ASSETS
4 Loans made in cash to members on this
companys certificates assigned as col
lateral
6 Cash in office
All other deposits Third National At
lanta
Georgia R R Bank Augusta
Chatham Bank Savannah
8 Agents ledger balances
10 Total net or ledger assets 408281
Total net or ledger assets less depreciation
648 00
1292 81
1120 00
822 00
200 If
927 70

5010 51
V COJTINGENT ASSETS
19 Annual payments or premiums due and un
paid on memberships in force 927 70
20 Annual payments or premiums in process
of collection not yet due 42217 50
21 Total due from members 43145 20
22 Deduct estimated cost of collection 20
percent 8629 04
23 Net amount due from members 34516 16
24 All other assets viz Office furniture
Books and Wanks
Total assets
it
34516 16
800 00
500 00
40826 67350 COMPTROLLERGENERALS REPORT
VILIABILITIES
5 National State or other taxes due 310 00
8 To officers or others for advance on account of expenses
of organization gOO qq
Total liabilities 1 hq qq
VIIEXHIBIT OF CERTIFICATES OR POLICIESNUMBER AND AMOUNT
Policies or certificates in force December 31 1897 10885 239470 oo
Policies or certificates written during the year 1893 22391 559J75 00
Total 33276 799245 00
Deduct number and amount which have ceased to be
in force during 1898 335 400720 00
Total policies or certificates in force December
31 1898 15941 398525 00
Losses and claims on policies or certificates incurred
during the year 1898 weekly indemnity and
death 7804 15546 95
TotaI 7804 15546 95
Losses and claims on policies or certificates paid dur
ing the year 1898 7804 15i546 95
Business in Georgia During 1898
Policies or certificates in force December 31 1897 10885 239470 00
Policies or certificates written during the year 1898 22391 559775 00
t Ttal 33276 799245 00
Deduct number and amount which have ceased to be
in force during i 898 17335 40o720 00
Total policies in force December 31 1898 15941 398 525 00
Losses and claims on policies or certificates incurred
during the year 1898 weekly indemnity and
death 7804
T TtaV 7804 15546 95
Losses and claims on policies or certificates paid dur
ing the year 3898 7804 1554695
BUSINESS IN GEORGIA FOR YEAR ENDING APRIL 30 1899
Risks
Premiums 440650 00
Losses 6979370
Tax 20814 60
697 93COMPTROLLERGENERALS REPORT 351
MUTUAL RESERVE FUND LIFE ASSOCIATION NEW YORK N Y
IBALANCE SHEET
Amount of net or ledger assets December 31st of pre
vious year 4139367 29
Less agents ledger balances charged off to depreciation
of assets December 31 1897 200000 00
3939367 29
IIINCOME DURING YEAR 1898
Gross amount paid by members to the as
sociation or its agents without deduc
tions for commissions or other expen
ses as follows
1 Membership fees 24196 38
2 Surrender policies 1613351 old age
benefits 1164262 27776 13
3 Assessments 5338631 68
4 For medical examiners fees 339 00
Total paid by members 5390943 19
5 Interest 111390 56
6 Rents 148761 23
7 Cash received from all other sources viz
Fees for alterations in policies etc 972 28
Deposits received during 1898 assess
ments paid before due 482260 01
Total income 6134327 27
Total 10073694 56
IIIDISBURSEMENTS DURING YEAR 1898
1 Losses and claims 3887500 95
2 Annual payments and assessments return
ed tc members 164211 77
Total paid to members 4051712 72
2 Deposit assessments paid before due
applied on assessments included in No
3 of Income 532382 40
3 Commissions and fees retained by or paid
to agents 636808 96
4 Commissions and fees retained by or paid
to officers and directors none to banks
and collectors for collecting assets 63955 18
5 Salaries and traveling expenses of mana
gers of agencies and general special and
local agents 56044 60352
COMPTROLLERGENERALS REPORT
6 Medical examiners fees whether paid di
rect by members or otherwise 27650 45
7 Salaries and other compensation of of
ficers and other office employees 336747 59
8 Rent 8662396 taxes 6395141 exp and
repairs on R E 12104049 271615 86
10 Advertising 4723331 blanks and print
ing 2659865 legal expenses 35
88952 109721 48
11 All other items viz Investment exp 2
220 traveling exp 2177537 aoturial
exp 1793884 postage 3401824
agency expense 1302469 general of
fice expense 8518250 internal reve
nue tax 369615 expenses investiga
ting and adjusting 390092595 of death
and disability claims 11146427 289300 06
Total expenses footings of Items 3 to 11
179184418
Total disbursements 6375939 30
Balance 3697755 26
IVINVESTED ASSETS
1 Cost value of real estate in cash exclusive
of all incumbrances 56331S 54
2 Loans on bond and mortgage first liens
on real estate 1195580 11
5 Cost value of bonds and stocks owned ab
solutely 441361 73
6 Cash in office 732 07
Total 742962 69
Deposited in banks 230975 31
8 Agents ledger balances 303908 22
9 All other ledger assets viz Furniture
and fixtures 5967726 on deposit in
collecting banks and with bonded col
lectors 15923933 218916 59
10 Total net or ledger assets 3697755 26
11 Deduct agents ledger balances 303
90822 furniture and fixtures 5967726 363585 48
Total net or ledger assets less depreciation 3334169 78
VCONTINGENT ASSETS
12 Interest due 545787 and accrued 1211025 17568 12
13 Rents due 347160 and accrued 343333 6904 93COMPTROLLERGENERALS REPORT
So3
14 Market value of real estate over cost
15 Market value of bonds and stocks over cost
10841 06
21558 83
Total assets
3391042 72
VILIABILITIES
1 Losses due and unpaid number of claims 1 due to
delay in probating will 5000 00
2 Losses in process of adjustment or adjusted and not due
number of claims 359
3 Losses reported for which assessments have not been
made number of claims 131 no proofs received
4 Losses resisted by the company number of claims 25
5 Advance assessments paid before due
6 For salaries rents and office expenses
9 Amount of all other liability viz Dividend obliga
tions due or accrued 1713419 outstanding bonds
full face value 7512777
Special reserve to cover possible shrinkage in items of
investment received from Provincial Provident Insti
tute
Agents credit balances
Total liabilities
1245354 70
421196 36
110833 00
125678 11
2917 58
92261 96
3753 05
871 58
2007866 34
VII EXHIBIT OF CERTIFICATES OR POLICIESNUMBER AND AMOUNT
No
Policies or certificates in force December 31 1897 111908
Policies or certificates written during the year 1898 12779
Total 124687
Deduct number and amount which have ceased to be
in force during 1898 22308
Total policies or certificates in force December 31
1898102379
Losses and claims on policies or certificates unpaid
December 31 1897 528
Losses and claims on policies or certificates incurred
during the year 1S98 1392
Total 1920
Losses and claims on policies or certificates paid dur
ing the year 1898 1352
Business in Georgia During Year 1898
Policies or certificates in force December 31 1897 2755
Policies or certificates written during the year 1898 539
Amount
301567101 00
32027390 00
333594491 0
64425170 00
269169321 00
1737884 86
4237530 00
5975414 86
4193030 80
6589550 00
802500 00
Total 3294 7392050 00354 COMPTROLLERGENERALS REPORT
Deduct number and amount which have ceased to be
in force during 1898 860 1942500 00
Total policies in force December 31 1898 2434 5449550 00
Losses and claims on policies or certificates unpaid
December 31 1897 9 28000 00
Losses and clarms on policies or certificates incurred
during the year 1898 25 74900 00
Total 34 102900 00
Losses and claims on policies or certificates paid dur
ing the year 1898 23 68400 00
BUSINESS IX GEORGIA FOR YEAR ENDING APRIL 30 1899
Risks 5154550 00
Premiums 86776 10
Losses 66252 44
Tax 867 76
NORTHWESTERN LIFE ASSURANCE COMPANY CHICAGO ILL
IBALANCE SHEET
a Amount of net ledger assets December 31st of previous
year add increase or deduct decrease of capital if any 1221728 14
II INCOME DURING YEAR
As shown by the books at Home Office at close of business December
2 First years assessments or premiums Ex
pense 18357775 mortuary 52202634
reserve 4523505 750839 14
3 Subsequent years assessments or premi
ums Expense 26486646 mortuary
98717230 reserve 19042788 for
other purposes 8193 recovered on in
demnifying bond on loss paid in previous
year 1442548 63
4 Medical examiners fees paid by applicant
delinquent charges 2154 74
Total paid by members 2195542 51
5 Interest from mortgages 3975118 bonds
and stocks 902599 other sources 2
31450 51091 67
7 Profit on securities 6ii6 36
S From all other sources viz profit and loss
account must be itemized suspse accnt 20 01
Total income during the year 2247326 55
Sum of both amounts 3474054 69COMPTROLLERGEXERALS REPORT
355
IIIDISBURSEMENTS DURING YEAR
As shown by the books at Home Office at close of business December 31st
1 Death claims or installments paid 1681111 47
2 Disability 500 00
Total paid to members 1681611 47
5 Commissions and fees retained by or paid
or allowed to agents on account of first
years fees dues assessments or premi
ums 347 34635 subsequent years 8
63781 355984 16
6 Commissions paid or allowed for collecting
assessments or premiums to banks or col
lectors 12H4 13
7 Salaries and allowances of managers and
agents not paid by commissions 46105 80
8 Salaries of officers 4829152 board of
trustees expense account 199900 50290 52
9 Salaries and other compensation of office
employees 82792 44
10 Medical examiners fees whether paid di
rect by members or otherwise 10017 00
11 Taxes on premiums 456313 insurance de
partment fees and licenses 165573
municipal taxes and licenses 39121
taxes on franchise 15043 6660 50
13 Rents less subleases 19088 54
14 Furniture 37285 legal expenses 861261
advertising stationery and printing 15
37408 24359 54
16 All other items viz profit and loss ac
count must be itemized advance assess
ments 597163 postage 756889 sur
rendered policies 1713188 Mutual Life
Underwriters Executive Com 2500
refitting office 8605 traveling expenses
1489977 investment expenses 88738
incidental and miscellaneous expenses
1213299 internal revenue tax 913987 67843 46
Total disbursements 2356867 56
Balance 1117187 13
IVLEDGER ASSETS
As per ledger accounts shown by the books at Home Office at close of business
December 31st
2 Loans on mortgages of real estate first
liens 74925000 749250 00
4 Book value of bonds excluding interest
15311065 153110 65356
COMPTROLLERGENERALS REPORT
5 Cash in office 99526 deposited in banks
15631849 157313 75
Continental National Bank 4006295
Merchants National Bank 1382 08 Met
ropolitan National Bank 11487346
6 Agents and other debit balances 4266117
bills receivable 1082372 53484 89
7 Other assets viz Cost premium on bonds
sold in December not yet paid 7208 07
Total 1120367 36
Deduct Ledger Liabilities
8 Agents and other credit balances 318023 318023
Total net ledger assets 1117187 l3
VNONLEDGER ASSETS
10 Interest due 149965 accrued 1050513
11 Interest due accrued 429370
12 Rents due on property or lease
14 Market value of bonds not including inter
est and stocks over book value
15 Mortuary assessments due on last call made
within six days on insurance in force
16 Mortuary assessments to become due on
post mortem policies not exceeding
one assessment nor the amount of post
mortem claims not assessed for per item
4 of liabilities
Total nonledger assets
1200478
4293 70
4803 18
2721 23
10000 00
31000 00
21101 66
2721 23
41000 00
64822 89
Gross assets 1182010 02
Deduct assets not admitted
2 Agents debit balances not secured by bonds
2890578 bills received not secured
1082372 39729 50
Total 39729 50
Total admitted assets 1142280 52
VINONLEDGER LIABILITIES
1 Losses on stipulated premium policies due
and unpaid none adjusted not due 131700 00
2 Losses on stipulated prem policies not ad
justed 7800000 resisted 2850000 106500 00
3 Losses on post mortem policies due and un
paid 800000 adjusted not due 93
50000 101500 00
4 Losses on post mortem policies not adjust
ed 2100000 resisted 1000000 31000 00COMPTROLLERGENERALS REPORT
357
5 Present value future payments on install
ment policy claims face 500000 dis
counted at 3 per cent
9 Premiums or assessments paid before due
10 Advance insurance or reserve fund on limit
ed payment policies which is largely in
excess over associations whole life rates
of all premiums received on any form of
advance limited payment or deposit poli
cies and 4 per cent accumulated interest
thereon
11 All other liabilities viz Suspense
12 Total liabilities
3608 86
7938 27
183029 58
104 91
13
14
Balance to protect contracts
Mortuary fund less amount thereof includ
ed in liabilities and in assets not admit
ted
Reserve fund less amount thereof included
in liabilities and in assets not admitted
16 Guarantee fund less amount thereof in
cluded in liabilities and in assets not ad
mitted
17 General expense fund less amount there
of included in liabilities and in assets not
admitted
565381 62
576898 90
43102 77
68082 36
333728 41
131985 36
Total special funds 576898 90
VIIEXHIBIT OF CERTIFICATES OR POLICIES
Total business of year
No Amount
Policies or certificates in force
December 31 beginning of year 34717 98475400 00
Policies or certificates written or
increased during the calendar
year 1965 4168000 00
Total 36682 102643400 00
Deduct decreased or ceased to be
in force during year 16251 47815000 00
Total policies or certificates in
force last December 31 end of
year 20431 54828400 00
Losses and claims unpaid Decem
ber 31 beginning of year 129 474716 66
Losses and claims incurred dur
ing the calendar year 492 1611000 00
Total 621 2085716 66
Losses and claims paid scaled
down and compromised during
theyear oil 1715016 66
Losses and claims outstanding
unpaid last December 31 end
of year 110 370700 00
Business in Georgia
No Amount
663 1324900 00
576000 00
356
1019 1900900 00
357 734500 00
632 1166400 00
10
10
22500 00
22500 00
15000 00
7500 00358
COMPTROLLERGENERALS REPORT
BUSINESS IN GEORGIA FOR YEAR ENDING APRIL 30 1899
Risks
Premiums
Losses
Tax
1026900 00
28247 73
10500 00
282 48
STATE MUTUAL LIFE AND ANNUITY ASSOCIATION ROME GA
IIINCOME DURING YEAR 1898
1 Membership fees f
3 Assessments
7 Cash received from all other sources viz From
directors
217 00
3362 36
400 00
Total income 3979 36
IIIDISBURSEMENTS DURING YEAR 1898
3 Commissions and fees retained by or paid to
agents
6 Medical examiners fees whether paid direct
by members or otherwise
7 Salaries and other compensation of officers and
other office employes
8 Taxes
10 Advertising 75 blanks and printing 80
11 All other items viz Furniture 3750 inci
dentals 59
Total disbursements
Balance
1431 74
93 00
100 00
140 00
155 00
96 50
IVINVESTED ASSETS
1102 44
860 68
2016 24
1963 12
6 Cash in office
9 All other ledger assets
Total net or ledger assets less depreciation 1903 12
VILIABILITIES
8 To officers or others for advances on account of
expenses of organization 400 00
Business in Georgia During 1898
m i 1 i No Amount
lotal policies or certificates in force December 31 1898 41 123000 0
BUSINESS IN GEORGIA FOR YEAR ENDING APRIL 30 1899
Risks
Premiums
Losses
Tax
288000 00
8459 88
150 00
84 59COMPTROLLERGENERALS REPORT 359
UNITED STATES BENEFICIAL ASSOCIATION OF ATLANTA
BUSINESS IN GEORGIA FOB YEAR ENDING APRIL 30 1899
Risks 17050 00
Premiums 80 oc
Losses 153 00
Tax 8 70
10
11
WESTERN MUTUAL LIFE ASSOCIATION CHICAGO ILL
IBALANCE SHEET
Amount of net or ledger assets December 31st of pre
vious year 97005 08
IIINCOME DURING YEAR 1898
Membership fees 239025 37
Annual dues 43817 16
Assessments 138360 32
Received from persons whose applications
were rejected 21225 17
Total paid by members 442428 02
Interest 1738 86
Total income 444166 88
Total 541173 56
IIIDISBURSEMENTS DURING YEAR 1898
Losses and claims 37135 20
Annual payments and assessments returned
to members 21878 92
Total paid to members 59014 12
Commissions or fees retained by or paid to
agents 241105 87
Traveling expenses of managers of agencies
and general special and local agents 2508 02
Medical examiners fees whether paid di
rect by members or otherwise 12833 55
Salaries and other compensation of officers
and other office employees 51922 55
Rent 407924 taxes 644462 10523 86
Advertising and printing 6483 74
All other items viz Legal expenses
520418 furniture 171469 telegrams
208317 incidental expense 61028
miscellaneous expense 108246 postage
5376883 library 7100 total 14534 61
Total expenses footings of items 3 to 11 339912 20
Total disbursements 398926 32
Balance 142247 24360
COMPTROLLERGENERALS REPORT
IVINVESTED ASSETS
1 Interest bearing loans being liens on poli
cies and secured by advance deposits
under policies the deposits being reported
as a liability 9247 36
3 Bills receivable being liens on policies and
secured by advance deposits under poli
cies the deposits being reported as a lia
bility 1680 04
5 Cost value of stocks and bonds owned abso
lutely 1000 00
6 Cash in office 1900 15
7 Cash deposited in banks on reserved fund
account Hibernian Bank Association
Chicago 111 6677364 Milwaukee Ave
State Bank Chicago 111 11091069
American Trust and Savings Bank Chi
cago 111 504191 total 82726 24
S Agentsledger balances 16368 57
9 All other ledger assets viz Bills receiva
ble 1455920 suspense account 19204
interest bearing loans secured by liens
on policies but not reported as a liability
1697861 total 31729 85
Total net or ledger assets as per bal
ance on page 1 144652 21
Deduct ledger liabilities 2404 97
Total net or ledger assets less de
preciation
VCONTINGENT ASSETS
12 Interest due and accrued 1681 77
23 Net amount due from members
24 All other assets viz Furniture and flxtures 372745
supplies printed matter and stationery 129326 post
age stamps U S internal revenue stamps and stamped
checks 3500 total
Total assets
VILIABILITIES
2 Losses in process of adjustment or adjusted and not due
4 Losses resisted by the company
For salaries rents and office expenses
Total liabilities
142247 24
1681 77
5055 71
148984 72
14000 00
1000 00
19777 89
34777 89COMPTROLLERGENERALS REPORT 301
VIIEXniBIT OP CERTIFICATES OR POLICIESNUMBER AND AMOUNT
Total Business of 1898
No Amount
Policies or certificates in force December 31 1897 2867 8107162 00
Policies or certificates written and revived during the
year 1898J698 9082887 30
Total 5565 17190049 30
Deduct number and amount which have ceased to be
in force during 18981282 JJWSW44M
Total policies or certificates in force De
cember 31 18984283 13257404 97
Losses and claims on policies or certificates unpaid
December 31 1897 1 2000 00
Losses and claims on policies or certificates incurred
during the year 189822 55030 50
Total 23 57030 50
Losses and claims on policies or certificates paid
during the year 1898 18 39800 00
Business in Georgia During 1898
Policies or certificates written during the year 1898 8 39000 00
Total 8 39000
Total policies in force December 31 1898 8 39000 00
BUSINESS IN GEORGIA FOR YEAR ENDING APRIL 30 1899
Risks 46000 00
Premiums 2001 05
Tax 20 01
THE ETNA LIFE INSURANCE COMPANY HARTFORD CONN
ICAPITAL STOCK
1 Amount of capital stock 2000
000 subscribed for 1750000 00
2 Amount of capital paid up
in cash 1750000 00
Amount of net ledger assets December 31st
of previous year45348489 61
Extended at45348489 61362
COMPTROLLERGENERALS REPORT
IIINCOME DUHING YEAS
As shown by books at Home Office December 3lst
2 Gross premiums written and renewed during
year 670609 44
3 Deduct gross premiums now in course of col
lection
4 Entire premiums collected during the year 670609 44
5 Deduct reinsurance and return premiums 13318 90
6 Net cash actually received for premiums 657 290 54
8 Interest on loans on mortgages of real estate 14218 13
10 Interest on bonds and dividends on stocks 1476 19
11 Interest upon other debts due the company
and on deposits in bank 182 12
Total interest 15875 44
Less interest paid on claims etc 192 60
Net total interest 15 gg2 84
13 Profit and loss agents credit balances 5 98
14 Total income accident department 672979 3
Total income life department 8190915 73
Total income during the year 8863895 09
Sum 54212384 70
IIIDISBURSEMENTS DURING YEAR
As shown by boohs atHome Office December 3lst
Accident
1 jross amount paid for claims excepting
sPeoinc 86808 33
2 Amount paid for weekly or other specific 170727 18
Total 25753551
3 Deduct reinsurance 10 545 42
Net paid policyholders 246 989 09
5 Commissions or brokerage to agents less re
ceived on reinsurance 209 267 47
6 Salaries traveling and all expenses of agents
and agencies not on commission account 14673 69
7 Medical examiners fees and salaries 3008 95
8 Salaries and all other compensation of home
office employees 13754 93
9 Taxes on premiums 884273 internal rev
nue 176782 insurance department fees
and agents licenses 4141 municipal li
cences 43399 15185 54
10 Rent 6588 43
11 Legal and loss expenses 6 736 84
12 Furniture and fixtures 180443 advertising
129334 printing and stationery 9
51733 11615 10COMPTROLLERGENERALS REPORT
303
14 All other items viz Postage and exchange
715113 express 137654 expense
382636
9354 03
Total miscellaneous expenses 295185 01
Total disbursementsAccident department 542174 10
Life department 5899746 62
6441920 72
Balance 47770463 98
IVLEDGER ASSETS
As per ledger accounts shown by the books at Home Office at close of business Dec 31
1 Book value of real estate unincumbered 471631 00
2 Mortgage loans on real estate first liens22333492 31
3 Loans secured by pledge of bonds stocks or
other collaterals 537321 14
4 Book value of bonds excluding interest 12
27744538 and stocks 309151549 15369030 87
5 Cash in companys office 20034388 depos
ited in banks 681519497 7015538 85
6 Bills receivable 1695740 agents debit
balances 2965062 46608 02
7 All other items viz Loans to policyholders
on this companys policies assigned as col
lateral 1466855 00
Premium notes or liens on policies in
force 543201 88
Total47783679 07
Deduct ledger liabilities
8 Agents credit balances 341185 all other
980324 1321509
Total net ledger assets 47770463 98
NonLedger Assets
10 Interest due 6588176 and accrued 427
27870 on mortgages 493160 46
11 Interest due 3131972 and accrued 109
89659 on bonds and stocks 141210 31
12 Interest due and accrued 5
00785 on collateral loans
13 Interest due on other assets
14 Rents due 125 and accrued 269324 on
companys property or lease
Interest due on premium notes loans or
liens
5007 85
9002 25
2818 24
192769 22
Total outstanding interest 844034 33
17 Market value of bonds and stocks over book value not in
cluding interest in item 11 1236820 43
18 Net amount of uncollected and deferred premiums 401010 79
50252329 53
Gross assets364
COMPTROLLERGENERALS REPORT
Deduct assets not admitted
3 Agents debit balances unsecured 19
69049 bills receivable unsecured 200
4 Commissions payable to agents on premium
notes when paid
Premium notes in excess of reserve on poli
cies
Total
19890 49
2321 17
3097 06
25308 72
Total admitted assets 50 227 020 81
NONLEDGER LIABILITIES
Accident
47863 58
In process of adjustment
Resisted by company on its own account not
outlawed 28685 71
Aggregate amount of unpaid claims and expenses
4 Gross premiums upon all unexpired risks
running one year or less from date of pol
icy Accident premiums 42412423 un
earned portion 50 per cent
5 Gross premiums upon all unexpired risks
running more than one year from date of
policy Accident premiums 555288 un
earned premium by special tables
Total
76549 29
212067 11
12702 00
Deduct reserve on risks reinsured in other
solvent companies
224769 11
1045 92
Total unearned premiums as computed above 23 723 19
11 All other liabilities viz Total liability life department 42681696 31
Total amount of all liabilities 42 981 968 79
12 Jointstock capital actually paid up in cash 1750000 00
13 Surplus beyond capital and other liabilities 5495052 02 7245052 02
Total
Business in the State of Georyfa during the year 1898
Risks written
Premiums received
Losses paid
Losses incurred
Amount at risk at end of year
50227020 81
Accident
5581000 00
14996 22
2746 20
2521 20
1978350 00
BUSINESS IX GEORGIA FOR YEAR ENDING APRIL 30 1899
Risks
Premiums
Losses
Tax
2047350 00
16703 76
3130 83
167 04COMPTROLLERGENERALS REPORT 365
AMERICAN SURETY COMPANY OF NEAV YORK N Y
ICAPITAL STOCK
I Amount of capital paid up in cash 2500000 0O
Amount of net ledger assets Dec 31st of previous year 4846724 31
IIINCOME DURING YEAR
As shown by books at home office December 31st
Fidelitv
and Surety
1 Gross premiums unpaid December 31st last
yearpaid 153908 04
A Gross premiums written and renewed dur
ing year U93745 10
Total 1347653 14
3 Deduct gross premiums now in course of
collection 171956 78
4 Entire premiums collected during the year 1175696 36
5 Deduct reinsurance abatement rebate and
return premiums 1844 31
6 Net cash actually received for premiums carried out 992272 05
7 Rents from companys property 244077 33
8 Interest on loans on mortgages of real
estate
9 Interest on collateral loans 4178 87
10 Interest on bonds and dividends on stocks 114721 83
II Interest upon other debts due the company
and on deposits in bankjl4g6 78
Total interest 3651W S1
12 Profit on sale or maturity of ledger assets
during the year over book values 158 75
14 Income from all other sources viz Cash
recovered from losses paid in previous
years 74504 96 74663 71
Total income during the year 1432090 5
a 6278814 88
Sum
HIDISBURSEMENTS DURING YEAR
As shown by books at home office December 31st
Fidelity
and Surety
1 Gross amount paid for claims excepting
weekly indemnity 454288 86
3 Deduct reinsurances salvages and recov
eries on losses previously paid 82861 26
Net paid policyholders 371427 6
4 Stockholders for interest or dividends
amount declared during the year 200000 00366
COMPTROLLERGENERALS REPORT
50912 07
5 Commissions or brokerage to agents less
received on reinsurance
6 Salaries traveling and all expenses of
agents and agencies not on commission
account 168070 31
7 Inspections 24 171 46
8 Salaries and all other compensation of
officers 4670000 and home office em
ployes 12619671 172896 71
9 Taxes on premiums 1142431 taxes on
property 6035978 insurance depart
ment fees and agents licenses 238226
municipal licenses 122775
10 Rent
11 Legal expenses 740132 real estate re
pairs and expenses other than taxes
7278479
12 Furniture and fixtures 1191395 adver
tising 417564 printing and stationery
1309798
13 Interest
14 All other items
75394 10
77880 00
80186 11
29187 57
2167 41
36233 34
Total miscellaneous expenses
Total disbursements
917099 08
1288526 68
Balance 4990288 20
IVLEDGER ASSETS
As per ledger accounts shown by the books at home office at close of
business December 31
1 Book value of real estate unincumbered
348105006 incumbered 2569798 3506748 04
2 Mortgage loans on real estate first liens 15000 00
3 Loans secured by pledge of bonds stocks
or other collaterals
4 Book value of bonds excluding interest
47956910 and stocks 71525000
5 Cash in companys office 132624 de
posited in banks 19315360
93196 70
1194819 10
194479 84
Total 5004243 68
Deduct Ledger Liabilities
8 Agents credit balances borrowed
money all other 13955 4S
Total net ledger assets 4 990 288 20
VOXLEDGER ASSETS
11 Interest due on bonds and stocks
12 Interest due on collateral loans
13308 00
630 00COMPTROLLERGENERALS REPORT 367
14 Rents due 1752249 and accrued 582916
on companys property or lease 23351 65
15 Total outstanding interest 37289 65
17 Market value of bonds and stocks overbook value not in
cluding interest in item 11 112569 15
18 Gross premiums in course of collection towit
Fidelity and surety not over three months due 101
0S222 unpaid commissions thereon 389324 net pre
miums 9718898 more than three mouths due not
carried in 7087456
Total net not over three months due 97188 98
Gross assets 5237335 98
Deduct Assets Not Admitted
4 Depreciation from book values of above ledger assets to
bring same to market value 267119 40
Total admitted assets 4970216 58
VNONLEDGER LIABILITIES
Resisted by Com
In Process of pany on its own
Adjustment account not
outlawed
Fidelity and surety 58567 50 131742 42
Aggregate of unpaid claims and expenses 190309 92
4 Gross premiums upon all unexpired risks
running one year or lesss from date of
policy fidelity and surety 5108940564
unearned portion 50 per cent 544702 82
5 Gross premiums upon all unexpired risks
running more than one year from date of
policy fidelity and surety 8780817 un
earned premium pro rata 70722 24
j Total unearned premiums as computed above carried out 615425 06
Total amount of all liabilities 805734 98
12 Joint stock capital actually paid up in cash 2500000 00
13 Surplus beyond capital and other liabilities 1664481 60 4164481 60
Total 4970210 58
Business in the State of Georgia During the Year
Risks Written Premiums Losses Paid Losses Amount or Risk
Received Incurred End of Year
Fidelity 2049450 00 5497 50 3189 17 1177850 00
Surety 993430 00 6034 67 27344 88 27344 88 873827 00
Aggregate3042880 00 11532 17 30534 05 27344 88 2051677 00
BUSINESS IN GEORGIA FOR THE YEAR ENDING APRIL 30 1899
Risks 325768700
t 1 226 99
Premiums u
Losses 76S9 75
Tax I2227368 COMPTROLLERGENERALS REPORT
AMERICAN BONDING AND TRUST COMPANY BALTIMORE MD
CAPITAL STOCK
1 Whole amount of capital stock 1000000 00
2 Amount paid up in cash 500000 00
1 Market value of real estate owned by the company less
the amount of incumbrances thereon 20000 00
9 Total market value of stocks and bonds absolutely owned
by the company 618713 00
12 Cash in companys principal office 2050 32
13 Cash belonging to the company deposited
in bank American National Bank 26113 52
Total cash items 28103 84
14 Amount of premium notes upon which policies have been
issued 100 00
15 Interest due and accrued on stocks not included in mar
ket value uncollected 8744 22
17 Cash in hands of agents and in course of transmission 35931 17
3 Bills receivable not matured taken for fire marine and
inland risks 623 97
All other assets both real and personal as per schedule
attached viz Accounts receivable furniture and lix
tures 9110 6
Total assets of the company actual cash market value
Til LIABILITIES
2 Gross losses in process of adjustment or in
suspense including all reported and sup
posed losses 4087 46
i Net amount of unpaid losses
7 Gross premiums without any deduction re
ceived and receivable upon all unexpired
fire risks running one year or less from
date of policy 22017894 unearned pre
miums fifty per cent 114589 47
11 Total unearned premiums as computed above
19 All other demands against the company absolute and
contingent due and to become due admitted and con
tested viz
Agentscredit balances
Collateral deposits
20 Total amount of all liabilities except capital stock scrip
and net surplus
21 Joint stock capital paid up in cash 500000 00
23 Surplus beyond capital and all other lia
bilities 74343 71
24 Aggregate amount of all liabilities including capital paid
up and net surplus
72138811
4087 4ft
114589 47
305 76
28Of 71
147044 40
57434 71
721388 11COMPTROLLERGENERALS REPORT
369
IVHtNCOME DURING THE YEAR
Surety
1 Gross premiums and bills in course of col
lection at close of last previous year as
shown by that years statement 28042 62
4 Gross premiums on risks written and renew
ed during the yeari 226899 07
5 Total 254941 69
ii Deduct premiums and bills in course of col
lection at this date 42490 11
7 Entire premiums collected during the year 212451 58
8 Deduct reinsurance and return premiums 26696 88
9 Net cash actually received for premiums 185754 70
11 Received for interests and dividends on
stocks and bonds collateral loans and
from all other sources 21687 84
12 Income received from all other sources
omitting increase if any in value of se
curities viz Rents collateral deposits 11795 11
Profit on sale or maturity of ledger assets
during the year over book values 62 23483 57
15 Aggregate amount of income actually received during
the year in cash 219238 27
VEXPENDITURES DURING THE YEAR
Surety
1 Gross amount actually paid for losses 09936 17
2 Deduct all amounts actually received for
salvages whether on losses of the last or
of previous year 5020 15
3 Net amount paid during the year for losses 64910 02
6 Paid for commissions or brokerage 26930 70
7 Paid for salaries fees and other charges of officers clerks
agents and all other employes 65558 20
9 All other payments and expenditures 47570 06
Aggregate amount of actual expenditures during the year
in cash 204974 98
Business in Georgia during the year ending December SI 1898
Fire marine and inland riks written 414868 87
Premiums received gross 2582 50
Losses paid
Losses incurred
BUSINESS IN GEORGIA EoR YEAR ENDING APRIL 30 1899
Risks 294668 87
Premiums 444 50
Losses
Tax 24 44370 COMPTROLLERGENERALS REPORT
THE AMERICAN CREDITINDEMNITY COMPANY NEW YORK N Y
I CAPITAL
1 Whole amount of capital stock
2 Amount paid up in cash
200000 00
200000 00
IIASSETS
Account of slocks and bonds owned absolutely by the Company
Par value Markat value
10 U S regd bonds funded loan
1891 continued at 2 per
cent Nos 2494 to 2503
both inclusive 100000 00 100000 00
100 U S coupon 5 per cent
bands 1904 Nos 7448 to
7547 both inclusive 100000 00
12 Cash in companys office
13 Cash belonging to the company deposited
in bank Merchants Laclede Natl
Third National
113875 00
213875 00
476 98
104264 21
37976 12
Total cash items 142717 31
14 Amount of premium notes upon which policies have been
issued 20092 50
15 Interest due and accrued on bonds not included in mar
ket value uncoilected 1000 00
16 Value of accounts owned purchased on payment of
losses 16430 14
17 Gross premiums in course of collection 38170 00
18 Agents balances 3211 93
Total
Deduct Agents balances
435496 88
3211 93
Total assets of the company actual cash market value 432284 95
II r LIABILITIES
7 Gross premiums without and deduction
received and receivable upon all unex
pired fire risks running one year or less
from date of policy
Unearned premiums
257178 33
128589 16
11 Total unearned premiums as computed above carried
out 128589 16
17 Due and accrued for salaries rent advertising and for
agency and other miscellaneous expenses 153 00COMPTROLLERGENERALS REPORT
371
19 All other demands against the company absolute and
contingent due and to become due admitted and con
tested viz franchise tax
Total
21 Joint stock capital actually paid up in cash
23 Surplus beyond capital and all other liabilities
24 Aggregate amount of all liabilities including capital paid
up and net surplus
300 00
130247 16
200000 00
102037 79
432284 95
IV INCOME DURING THE YEAR
1 Gross premiums and bills in course of
collection at close of last previous year
as shown by that years statement 49440 00
2 Deduct amount of same not collected 38142 00
3 Net collected 11298 00
4 Gross premiums on risks written and re
newed during the year as shown in Risk
and Premium Exhibit item 2 page 1 254558 66
5 Total 265856 66
6 Deduct premiums and bills in course of col
lection at this date 38170 00
7 Entire premiums collected during the year 227686 66
8 Deduct reinsurance and return premiums 1898 42
9 Net cash actually received for premiums carried out 225788 24
11 Received for interests and dividends on stocks and bonds
collateral loans and from all other sources 11568 30
12 Income received from all other sources omitting increase
if any in value of securities viz Accounts owned pur
chased on payment losses 1072 36
Total 238428 90
15 Aggregate amount of income actually received during
the year in cash 238428 90
V EXPENDITURES DURING THE YEAR
3 Net amount paid during the year for losses 54407 27
6 Paid for commissions or brokerage 78501 62
7 Paid for salaries fees and other charges of officers
clerks agents and all other employees 40001 90
8 Paid for State national and local taxes in this and other
States 6026 02
9 All other payments and expenditures viz Rent 311540
legal 1572337 furniture 10130 advertising 5
98732 printing 99683 postage 114766 traveling
expenses 238973 exp 206667 telegrams 59641372 COMPTROLLERGENERALS REPORT
exch 15833 advance costs 22372 muc agencies
2319 premium notes charged off maker defaulted
207288 36898 82
Aggregate amount of actual expenditures during the
year in cash 215S35 63
Business in Georgia During 1898
Credit written 79j50o 00
Premiums received gross 3620 00
Losses paid i7g 00
Losses incurred X7g yg
BUSINESS IN GEORGIA FOE YEAR ENDING APBIL 30 1899
Risks 86000 00
Premiums 3900 00
Losses 178 00
Tax 39 00
BANKERS MUTUAL CASUALTY COMPANY DES MOINES IOWA
I CAPITAL STOCK
Amount of net or ledger assets December 31 of pre
vious year 52482 98
II INCOME DURING YEAR 1898
Accident Buglary
1 Gross premiums unpaid De
cember 31 last year 1513 37
2 Gross premiums on risks
written and renewed during
the year 76247 70
Tolal 77761 07
3 Deduct gross premiums in
course of collection at this
date 3815 39
4 Entire premium installment
notes 22309 90 73945 68
5 Deduct reinsurance abate
ment rebate and return
premiums 2406125 4637115
6 Net cash actually received for premiums carried out 27574 53
15 Received for assessment on capital salvage 1798 22
16 Income from all other sources viz In
stallment notes 22309 90 24108 12
17 Total income actually received during the year in cash 51682 65
Aggregate last balance and income 104165 63COMPTROLLERGENERALS REPORT
DISBURSEMENTS DURING YEAR 1898
1 Gross amount paid for losses direct to
policyholder 14289 63
2 Gross amount paid for benefit of policy
holders in pursuit and prosecution of
criminals 6900 18
Total 21189 81
3 Deduct salvages and reinsurances 7511 68
373
Total
Returned to promoters organization expense
5 For general traveling and incidental ex
pense business for company
6 For salaries traveling and all expenses of
agents and agencies not on commission
account
7 Executive committee meetings
8 For salaries and all other compensation of
officers 343952 home office employees
220272
9 For taxes on premiums 21156 Insurance
department fees 28143
Postage
10 For rent
12 For furniture and fixtures
13 For advertising 105077 general print
ing and stationery 141289
14 Interest
15 Other office expenses
829 05
367 73
065 35
i642 24
492 99
872 40
280 00
154 68
463 66
691 23
243 77
13678 13
300 00
Total miscellaneous expenses
Total disbursements
Balance
15103 10
29081 23
75084 40
IVASSETS
As per ledger account
6 Cash deposited in banks
7 Bills receivable
11 Total net or ledger assets
2788 14
72296 26
75084 40
Other Assets
22 Burglary
29 Not amount of outstanding premiums
3815 39
3815 39
30 Total assets as per the books of the company
78899 79374 COMPTROLLERGENERALS REPORT
VLIABILITIES
4 Gross premiums upon all unexpirod risks
running one year or more from date of
policy Burglary 96615 14
Unearned portion 50 per cent 48307 57
Total for term policies 48307 57
8 Due and accrued for salaries rent advertising agency
and other expenses 602 17
10 Due and to become due for borrowed money 6500 ad
vanced to cover organization expense 6500 00
Due to other companies for reinsurance 6188 95
Total amount of all liabilities except capital stock 6188 95
12 Surplus beyond capital and other liabilities 17301 10
13 Aggregate amount of all liabilities including paidup
capital stock and net surplus 78899 79
Business in the State of Georgia during the year 1898
Burglary Amount at risk 16000 risks written 5000 00 Premiums re
ceived 12720
BUSINESS IN GEORGIA FOR YEAR ENDING APRIL 30 1899
Risks 49000 00
Premiums 926 50
Tax 9 26
THE CITY TRUST SAFE DEPOSIT AND SURETY COMPANY OF
PHILADELPHIA PA
ICAPITAL STOCK
1 Amount of capital stock author
ized 50000000 subscribed
for 500000 00
2 Amount of capital paid up in
cash 500000 00
Amount of net ledger assets December 31st
of previous year 2722225 80
Increase of capital during 1898 154343 31
Extended at 2870569 11
IIINCOME DURING YEAR
As shown by Books at Home Office December Blst
Fidelity and
Surety
1 Gross premiums unpaid Dec 31 last year
Paid 22960 20
2 Gross premiums written and renewed dur
ing year 207644 39
Total 230rS04 5910
Tl
12
14
COMPTROLLERGENERALS REPORT 375
Deduct gross premiums now in course of
collection 31150 42
Entire premiums collected during the year 199454 44
Deduct reinsurance abatement rebate
and return premiums22677 44
Net cash actually received for premiums
carried out 170776 73
Rents from companys property 12141 25
Interest on loans on mortgages of real
estate 62
Interest on collateral loans 55265 69
Interest on bonds and dividends on stocks 9831 50
Interest upon other debts due the company
and on deposits in bank8607 43
Total interest 9M23 49
Increase in value of securities 920 00
Income from other sources viz Safe de
posit boxes 258475 commission 1
S4565 registry 54500 4975 40 5895 40
Total income during the year 278795 62
Sum3155364 73
3
IIIDISBURSEMENTS DURING YEAR
As shown by Books at Home Office December 31
Fidelity and
Surety
Gross amount paid for claims surety losses75717 92
Total 75717 92
Deduct reinsurance salvages and recove
ries on losses previously paid 25489 94
Net paid policy holders
Stockholders for interest or dividends
amount declared during the year
3000000 30045 00
Commissions or brokerage to agents less
received on reinsurance 8957 30
Salaries traveling and all expenses of
agents and agencies not on commission
account 59682 81
Interest paid depositors 41907 20
Salaries and all other compensation of offi
cers 1683300 and home office em
ployes 4249091 59323 91
Taxes on premiums 309158 taxes on prop
erty 476698 insurance department
fees and agents licenses 240091 mu
nicipal licenses 10000 tax on franchise
326126 revenue tax and stamps
250325 16123 98
50227 98376
COMPTROLLERGENERALS REPORT
11 Legal expenses 669225 real estate re
pairs and expenses other than taxes
in general expense account
12 Furniture and fixtures advertis
ing 361825 printing and stationery
646418
13 Losses on ledger assets actually sold or ma
tured under book value
14 All other items viz General expense
Total miscellaneous expenses
Total disbursements
Balance
6692 25
10082 43
890 60
14753 86
248459 34
298
2856
687 32
677 41
IVLEDGER ASSETS
As shown by the books at the home office at the close of business Dec 31st
1 Book value of real estate unincumbered
2 Mortgage loans on real estate
3 Loans secured by pledge of bonds stocks or
other collaterals
4 Book value of bonds excluding interest
23686750 and stocks 821000
5 Cash in companys office 6658563 depos
ited in banks 35360776
6 Bills receivable Due from ledger accounts
unsecured
7 All other items viz Return premiums on
16500000 fire policies 639000 furni
ture and fixtures 609124 overdrafts
24372 due from ledger account secured
by mortgages real estate and cash
13909291 5 27 87
518822 65
175300 00
1445036 SO
245077511
420193 39
519 20
Total 2856677 41
Total net ledger assets 2856677 41
NonLedger Assets
Commissions
10 Interest due 20610 and accrued266909
on mortgages
11 Interest due 56475 and accrued 346025
on bonds and stocks
12 Interest due and accrued 1561500
on collateral loans
13 Interest due and accrued 70000
on other assets
14 Rents due 46500 and accrued 4500 on
companys property or lease
15
28 00
2875 19
4025 00
15615 00
700 00
510 00
Total outstanding interest
Due from other companies for reinsurance on losses al
ready paid
Revenue stamps 87500 telephone coupons 24600
23753 19
7811 60
1121 00COMPTROLLERGENERALS REPORT
377
18 Gross premiums in course of collection towit
Fidelity and
Surety
Not over three months due 19010 66
Unpaid commissions thereon 204 97
Net premiums 18805 69
More than three months due
not carried in 12139 76
Total net not over three months due 18805 69
Gross assets 2908168 89
Deduct Assets Not Admitted
2 Furniture fixtures and safes 6001 24
3 Ledger account unsecured 519 20
4 Depreciation from book values of above
ledger essets to bring same to market
value L235 27
Total 10755 71
Total admitted assets 2897413 18
VNONLEDGER LIABILITIES
Fidelity and
purely
Claims adjusted and not paid 107 59
In process of adjustment 2722 86
Known or estimated proofs not filed 1010 19 3840 64
Resisted by the company on its own ac
count Not outlawed 559120 of this
amount resisted at instance of party on
whose behalf bond was given Resisted by
National Surety Co which holds our re
insurance for 1250000 2109120
2 Deduct reinsurance due and accrued 2795 60
3 Net amount of unpaid claims 18295 60
Aggregate of unpaid claims and expenses 22136 24
4 Gross premiums upon all unexpired risks
running one year or less from date of pol
icy Fidelity and Surety 22410719 un
earned portion 50 per cent 112053 60
Total one year or less 112053 60
Totafmore than one year 112053 60
7 Cash dividends to stockholders remaining unpaid 15 00
8 Expenses taxes bills accounts fees etc due or accrued 1500 00
10 For reinsurance on premiums uncollected 6097 16
11 All other liabilities viz Due depositories 207261415
interest accrued thereon 1716000 2059774 15
Total amount of all liabilities 2231576 15
12 Joint stock capital actually paid up in cash 500000 00
13 Surplus beyond capital and other liabilities 165837 03 665837 03
Total 2897413 IS378 COMPTROLLERGEXERALS REPORT
Business in the Stale of Georgia Daring the Year ending Dec 31 1898
Premiums Amount of Risk
Risks Written Received End of Year
Fidelity and Surety 249638 82 1193 73 21947 38
Aggregate 249038 82 1193 73 241947 s
BUSINESS IN GRORGIA TOR YEAR ENDING APRIL 30 1899
Risks 2S0697 38
Premiums 1251 88
Tax 12 51
UNITED STATES BRANCH OF THE EMPLOYERS LIABILITY AS
SURANCE CORPORATION LIMITED LONDON ENGLAND
I CAPITAL
1 Whole amount of capital stock in England 5000000 00
Subscribed but unpaid 3000000 00
2 Amount paid up in cash in England 750000 00
Account of Stocks and Bonds Owned Absolutely by the Company
9 Total par and market value carried out at market value 961600 00
12 Cash in companys principal office 800 00
13 Cash belonging to the company deposited
in bank Massachusetts National Bank
Boston 846 20
Cash deposited with Trustees with Kid
der Peabody Co 9166 71
Total cash items
15 Interest due and accrued on bonds not included in mar
ket value uncoilected
Premiums in course of collection not overdue
Overdue premiums 794598
Tolal assets of the company actual cash market value
10S12 91
7059 17
246656 09
1226128 17
IIILIABILITIES
2 Gross losses in process of adjustment or in
suspense including all reported and sup
posed losses 51480 00
3 Losses resisted including interest costs
and other expenses thereon resisted for
employers 208415 00
Resisted on corporations own account 38845 00
4 Total grcss amount of claims for losses
6 Net amount of unpaid losses
298740 00
298740 00COMPTROLLERGENERALS REPORT 379
7 Gross premiums without any deduction
received and receivable upon all unex
pired risks running one year or less from
date of policy 94640436 unearned pre
miums fifty per cent 473202 18
8 Gross premiums without any deduction re
ceived and receivable upon all unexpired
risks running more than one year from
date of policy 1822754 unearned pre
miums pro rata 5000 25
11 Total unearned premiums as computed above carried
out 478202 43
19 All other demands against the company absolute and
contingent due and to becoime due admitted and contested
viz Commissions etc 57963 16
Total 834905 59
21 Capital deposit 250000 00
23 Surplus beyond capital deposit and all other liabilities 141222 58
24 Aggregate amount of all liabilities including capital paid
up and net surplus 1226128 17
lvINCOME DURltG THK YEAR
1 Gross premiums and bills in course of col
lection ait close of last previous year as
shown by that years statement 281891 65
4 Gross premiums on risks written and re
newed during the year as shown in risk
and premium exhibit Item 2 page 1 1283822 36
5 Totai 1565714 01
6 Deduct premiums and bills in course of
collection at this date 254602 07
7 Entire preimdums collected during the year 1311111 94
8 Deduct reinsurance and return premiums 196615 78
9 Net cash actually received for premiums carried out 1114496 16
11 Received for interests and dividends on stocks and bonds
collateral loans and from all other sources 63834 68
15 Aggregate amount of income actually received during the
s 1178330 84
year m cash
VKXPRNDITUEKS DURING THE YEAR
3 Net amount paid during the year for losses 633474 30
G Paid for commissions or brokerage 20b157 8b
7 Paid for salaries fees and other charges of officers
clerks agents and all other employees 49703 73380 COMPTROLLERGENERALS REPORT
8 Paid for State national and local taxes in this and other
states 31385 16
Total 66776 25
10 American branches of foreign companies will please re
port amount sent to home offices during the year 81
75388
Aggregate amount of actual expenditures during the
year in cash 1047497 30
Business in the State of Georgia During the Year Ending Dec 31 180S
Fire Marine and Inland risks written 995746 00
Premiums received gross 4425 54
bosses paid 4005 10
Losses incurred 3695 10
BUSINESS IN GEORGIA FOR YKAR ENDING A 1RI I 30 1890
Risks 766970 UO
Premiums 3408 76
Losses 4576 20
Tax 34 OS
THE FIDELITY AND CASUALTY INSURANCE COMPANY OF NEW
YORK
I CAPITAL
1 Whole amount of capital stock 250000 00 250000 00
2 Almount paid up in cash 250000 00
11ASSETS
1 Market value of real estate owned by the company less
the amount of incumbrances thereon 570832 07
5 Casn in companys office 34141 76
Deposited in banks National Park Bank
N Y 1648762 Chemical National
Bank N Y 987631 American Ex
change National Bank N Y 896260
Girard National Bank Philadelphia
Pa 75000 Illinois Trust Savings
Bank Chicago 111 300000 Union Na
tional Bank Louisville Ky 10000
Mutual National Bank Troy N Y
20000 Peoples Savings Bank Detroit
Mich 40000 Mercantile Bank Pitts
burgh Pa 10000 Denver National
Bank Denver Col 15000 Interna
tional Trust Co Boston Mass 25000COMPTROLLERGENERALS REPORT
381
Anglo California Bank San Francisco
Ca 50000 Whitney National Bank
New Orleans La 15000 The Fourth
National Bank Atlanta Ga 25000
Manufacturers National Bank Newark
N J 10000 Boatmens Bank St
Louis Mo 25000 Oity Bank Buffalo
N Y 10000 Merchants National
Bank Baltimore Md 10000 Citizens
Bank Richmond Va 15000 The
Trust National Bank of New Haven
10000
41976 53
Total cash items 76118 29
9 Total par aud market value of stocks and bonds owned
absolutely by tbe company carried out at market value 2048376 25
15 Interest due and accrued on stocks not included in mar
ket value uncolleeted 2016 67
All other assets both real and personal viz Rents due and
accrued 205910 due from other companies for rein
surance on losses already paid Reserve Reinsurance De
posit cash in companys possession 1926891 21328 01
Gross premiums in course of collection not more than
three months due
529676 82
Total assets of the company actual cash market value 3248348 11
IIILIAML1TIKS
6 Net amount of unpaid losses 563774 23
11 Total unearned premiums as computed above carried
out 1667568 52
17 Due and accrued for salaries reiit advertising and for
agncy and other miscellaneous expenses 48098 90
19 All other demands against the company absolute and
contingent due and to become due admitted and con
tested viz Commissions on premiums in course of
collection 133616 43
Total 2418058 08
21 Joint stock capital actually paid up in cash 250000 00
23 Surplus beyond capital and all other liabilities 580290 03
24 Aggregate amount of all liabilities including capital paid
up and net surplus 3248348 11382 COMPTROLLERGENERALS REPOKT
IVINCOME DURING YEAR
As Shown by Books at Home Office December 31
6 Net cash actually received for premiums carried out 3209345 60
11 Received for interests and dividends on stocks and bonds
collateral loans and from all other sources 80092 74
12 Income received from all other sources omitting increase
if any in value of securities viz Rents 5605358
Profit on sale of ledger assets during the year over
book values 1078750 66841 08
15 Aggregate amount of income actually received during the
year in cash 3356279 42
VEXPEND1TURKS DURING THE YEAR
3 Net amount paid during the year for losses 1275004 20
4 Cash dividends actually paid stockholders amount of
stockholders dividends declared during the year 50000 00
6 Paid for commissions or brokerage 840150 34
7 Paid for salaries fees and other charges of officers
clerks agents and all other employees 361175 66
8 Paid for State national and local taxes in this and other
States 58991 82
9 All other payments and expenditures 514930 14
Aggregate amount of actual expenditures during the
year in cash 3100252 16
Business in the State of Georgia during the Year
Fire Marine and Inland risks written 9625463 15
Premiums received gross 28341 44
Losses paid 12955 37
Losses incurred 12955 37
BUSINESS IN GEORGIA FOR YEAR ENDING APRIL 30 1899
Risks 9995762 00
Premiums 28723 30
Losses 21908 64
Tax 287 23COMPTROLLERUExNTERALS REPORT 383
THE FIDELITY AND DEPOSIT SURETY COMPANY BALTIMORE MD
ICAPITAL
1 Whole amount of capital stock 1000000 00
IIASSETS
1 Market value of real estate owned by the company less
the amount of incumbrances thereon 600000 00
9 Total par and market value of stocks and bonds owned
absolutely by the company carried out at market value 1801567 00
12 Cash in companys principal office 5320 25
13 Cash belonging to the company deposited
in banks National Mechanics Balto 91150 00
West Virginia Banks 50000 00
Total 146470 45
Total cash items 146470 45
17 Premiums in course of collection 113253 30
Total assets of the company actual cash market value 2661290 75
111LIABILITIES
1 Losses due and unpaid 2336 06
2 Gross losses in process of adjustment or in suspense in
cluding all reported and supposed lossest 39017 46
7 Gross premiums without any deduction
received and receivable upon all unex
pired surety risks running one year or
less from date of policy 971597 10
Unearned premiums fifty per cent 485798 55
11 Total unearned premiums as computed above carried
out 485798 55
Ttal 527152 07
21 Joint stock capital actually paid up in cash 1000000 00
23 Surplus beyond capital and all other liabilities 1134138 68
24 Aggregate amount of all liabilities including capital paid
up and net surplus 2661290 75
IVINCOME DURING THE YEAR
1 Gross premiums and bills in course of col
lection at close of last previous year
as shown by that years statement 126420 96
3 Net collected
126420 96384
COMPTROLLERGENERALS REPORT
4 Gross premiums on risks written and re
newed during the year as shown in Risk
and Premium Exhibit item 2 page 1 858975 71
5 Total 985396 67
6 Deduct premiums and bills in course o
collection at this date 144194 70
7 Entire premiums collected during the year 841201 97
8 Deduct reinsurance and return premiums 22078 40
9 Net cash actually received for premiums
carried out 819123 57
11 Received for interests and dividends on stocks and bonds
collateral loans and from all other sources
12 Income received from all other sources omitting increase
if any in value of securities viz Rents
Income received from commissions safe deposit de
partment etc
Total
Id Aggregate amount of income actually received during the
year in cash
V EXPENDITURES DURING THE YEAR
1 Gross amount actually paid for losses oc
curring in previous years 325993 16
2 Deduct all amounts actually received for
salvages whether on losses of the last
or of previous year and all amounts ac
tually received for reinsurances in other
companies 47151
819123 5Z
65616 50
38657 48
52235 95
975633 5a
975633 50
100000 00
189893 88
710b 2i
42106 84
3 Net amount paid during the year for losses 273841 89 278841 83
4 Cash dividends actually paid stockholders amount of
stockholders dividends declared during the year
6 Paid for commissions or brokerage
7 Paid for salaries fees and other charges of officers
clerks agents and ali other employees
8 Paid for State national and local taxes in this and other
States
9 All other payments and expenditures viz Auditing
2091046 rent 7800 legal expenses 1099968 real
estate repairs 895514 furniture and fixtures 7
38182 advertising 763101 printing and stationery
1572795 postage 1437859 incidentals develop
ment etc 5132506
Aggregate amount of actual expenditures during the year in
cash
145108 89
826983 61COMPTROLLERGENERALS REPORT 385
Business in the State of Georgia During the Year Ending Dec SI 1898
Surety risks written 3600190 00
Premiums received gross 25106 69
Losses paid 6398 69
Losses incurred 4422 52
BUSINESS IN GEORGIA FOR YEAR ENDING APRIL 30 1899
Risks 3493800 00
Premiums 22731 76
Losses 6630 25
Tax x 227 32
THE GENERAL ACCIDENT ASSURANCE CORPORATION LIMITED
PERTH SCOTLAND
IIINCOME DURING YEAR 1898
Cash received for premiums on new pol
icies without deductions for commissions
or other expenses 2193 88
18 Money borrowed 133 59
19 From all other sources viz Received from
Perth 329826 50
Total income 332153 97
IIIDISBURSEMENTS DURING YEAR 1898
17 Cash paid for commissions and bonuses to
agents less commission on reinsurance
renewals 826 59
18 Cash paid for salaries and allowances to
managers and agents 886 19
23 Casli paid for insurance department fees
and agentslicenses 176 40
24 Cash paid for rent 177 67
16 Cash paid for furniture fixtures and safes
for home and agency offices S4 56
27 Cash paid for advertising 11650 print
ing 4456 161 06
28 Cash paid for legal expenses 15 00
Total disbursements 2327 47
Balance 329826 50
Invested in the following
IVASSETS AS PER LEDGER ACCOUNTS
5 Premium notes loans or liens on policies in
force 323330 75
s Cash deposited in banks 6495 75
13 Total net or ledger assets less depreciation 329 826 50386
COMPTROLLERGENERALS REPORT
THE GUARANTY COMPANY OF NORTH AMERICA OF MONTREAL
CANADA
ICAPITAL STOCK
1 Whole amount of capital stock subscribed 068600 00
2 Amount paid up in cash 304600 00
IIASSBTS
1 Market value of real estate owned by the company less
the amount of incumbrances thereon
2 Loans on bond and mortgage duly recorded and being
first liens on the fee simple 3780 less written off
1000
4 Value of lands mortgaged exclusive of buildings and per
ishable improvements 5000 00
5 Value of buildings mortgaged insured for
8100000 as collateral 1000 00
6 Total value of said mortgaged premises
carried inside 6000 00
9 Total par and market value of stocks and
bonds owned absolutely by the company carried out
at market value
12 Cash in companys principal office 1016 25
13Cash belonging to the company deposited in
Bank of Montreal Montreal 24268 01
Quebec Bank Montreal 10000 00
Canadian Bank of Commerce Montreal 10000 00
Merchants Bank of Canada 10000 00
Dominion Bank 10000 00
Cuyler Morgan Co New York 8870 98
Chase National Bank New York 1198 00
Bank of Montreal Chicago 12038 99
Tradesmens National Bk Pittsburg Pa 58 94
Bank of Kentucky Louisville Ky 1534 95
Bank of Buffalo Buffalo N Y 624 80
Philadelphia Trust Safe Deposit Insur
ance Co Philadelphia Pa 1322 81
Fourth National Bank Nashville Tenn 472 67
Third National Bank Atlanta Ga 1493 33
St Louis National Bank St Louis Mo 7 11
Continental National Bank St Louis Mo 122 30
Total cash items
15 Interest due and accrued on stocks not included in mar
ket value uncollected
16 Interest due and accrued on bank deposits uncollected
Premiums ill course of collection 903667 less com
mission 451 83
Furniture and safes 402549 less 10 per cent S40255
Total assets of the company actual cash market value
70419 33
2780 00
797968 66
93029 09
8071 07
2048 il
8584 84
3H22 94
986524 54COMPTROLLERGENERALS REPORT
387
IIILIABILITIES
2 Gross losses in process of adjustment or in
suspense including all reported and sup
posed losses 17438 02
3 Losses resistedincluding interest costs and
other expenses thereon 59833 39
4 Total gross amount of claims for losses 77271 41
5 Deduct reinsurance thereon 10000 00
6 Net amount of unpaid losses 67271 41
7 Gross premiums without any deduction re
ceived and receivable upon all unexpir
ed risks running one year or less from
date of policy 202166 58
Unearned premiums fifty per cent 101083 29
11 Total unearned premiums as computed above carried
out 101083 29
17 Due and accrued for salaries rent advertising and for
agency and other miscellaneous expenses 6655 00
20 Total amount of all liabilities except capital stock scrip
and net surplus 175009 70
21 Joint stock capital actually paid up in cash 304600 00
23 Surplus beyond capital and all other liabilities 506914 84
24 Aggregate amount of all liabilities including capital
paid up and net surplus 986524 54
IVINCOME DURING THE Yl
1 Gross premiums and bills in course of col
lection at close of last previous year as
shown by that years statement
Net collected
5 Gross premiums on risks written and renew
ed during the year
5 Total
6 Deduct premiums and bills in course of col
lection at this date
7 Entire premiums collected during the year
8 Deduct reinsurance and return premiums
9 Net cash actually received for premiums
carried out
10 Received for interest on bonds and mort
gages
11 Received for interests and dividends on
stocks and bonds collateral loans and
from all other sources
12 Income received from all other sources
omitting increase if any in value of se
curities viz rents
15 Aggregate amount of income actually re
ceived during the year in cash
Guarantee
10614 00
10614 00
210945 26
221559 26
9036 67
212522 59
38072 46
174450 13
96 80
35105 92
2932 26
212585 11388
COMPTROLLERGENERALS REPORT
VEXPENDITURES DURING THE YEAH
Guarantee
1 Gross amount actually paid for losses 9301109
2 Deduct all amounts actually received for
salvages whether on losses of the last
or of previous year 2426233 and all
amounts actually received for reinsur
ances in other companies 1572550 39987 83
3 Net amount paid during the year for losses
4 Cash dividends actually paid stockholders amount of
stockholders dividends declared during the year
6 Paid for commissions or brokerage
7 Paid for salaries fees and other charges of officers clerks
agents and all other employes 5972461 inspection
1364096
8 Paid for state national and local taxes in this and other
states
9 All other payments and expenditures viz rents 7
28027 law charges 212973 printing and advertising
424778 postage telegrams etc 855532 loss on ma
tured security 1200
Aggregate amount of actual expenditures during the
year in cash
Business in the State of Georgia during the year
Written
Premiums received gross
Losses paid
Losses incurred
53026 26
24368 00
8666 68
73365 57
7848 48
22225 10
189500 09
Guarantee
2312000 00
6950 55
5654 26
4563 71
BUSINESS IN GEORGIA FOR YEAR ENDING APRIL 30 1899
Risks
Premiums
Losses
Tax
2223200 00
7738 51
4303 94
77 38
THE HARTFORD STEAM BOILER INSPECTION AND INSURANCE
COMPANY HARTFORD CONN
ICAPITAL STOCK
1 Amount of capital stock au
thorized 10000000 sub
scribed for 500000 00
2 Amount of capital paid up in
cash 500000 00
a Amount of net ledger assets December
31st of previous year 1951707 78
Extended at 1951707 78COMPTROLLERGENERALS REPORT 389
IIINCOME DURING YEAR
Steam Boiler
1 c Gross premiums unpaid Dec 31 last
yearpaid 265911 14
2 c Gross premiums written and renewed
during year 1057602 85
Total 1323513 99
3 c Deduct gross premiums now in course of
collection 277374 58
4 Entire premiums collected during the year 1046139 41
5 Deduct reinsurance abatement rebate and
return premiums 107317 49
6 Net cash actually received for premiums
carried out 938821 92 938821 92
8 Interest on loans on mortgages of real estate 1691101
10 Interest on bonds and dividends on stocks 80879 23
Total interest 97790 24
12 Profit on sale or maturity of ledger assets
during the year over book values 1057 46
14 d Income from all other sources viz
Profit and loss collected I3000 special
mechanical services 197712 3384 58
Total income during the year 1039996 74
Sum 2991704 52
IIIDISBURSEMENTS DURING YEAR
Steam Boiler
1 Gross amount paid for claims excepting
weekly indemnity 55725 72
Total 55725 72
Net paid policyholders 55725 72 55725 72
A Stockholders for interest or dividends amt
declared during the year 6000000 60000 00
5 Commissions or brokerage to agents less
received on reinsurance 220002 80
6 Salaries traveling and all expenses of agents
and agencies not on commission account 97189 98
7 Medical examiners fees and salaries
inspections 32915733 329157 33
S Salaries and all other compensation of offi
cers 2900000 and home office em
ployes 1450468 43504 68
9 Taxes on premiums 1219484 insurance
department fees and agents licenses
320875 State and municipal licenses
906663 U S revenue 341187 27882 09
10 Rent 4250 00
11 Legal expenses 900 00390
COMPTROLLERGENERALS REPORT
12 Furniture and fixtures 126383 advertis
ing 1946975 printing and stationery
1426118 34994 76
13 Losses on ledger assets actually sold or ma
tured under book value 236 34
14 d All other items office expenses 2685 87
Profit and loss 14864 08
Total miscellaneous expenses
Total disbursements
835667 9
891393 65
Balance 2100310 8r
IVLEDGER ASSETS
1 a Book value of real estate unincumbered 58432 91
2 Mortgage loans on real estate first liens 301003 00
4 a Book value of bonds excluding interest
146102079 and stocks 17906645 1640087 24
5 Oash in companys office 352370 depos
ited in banks 9726702 100790 72
Name of banks and amounts Security Co
1491503 U S Bank 2331280 Hart
ford Nat Bank 3056790 Conn River
Banking Co 3847129
Total 2100310 87
Total net ledger assets 2100310 ST
NonLedger Assets
6982 67
10 Interest accrued
15 Total outstanding interest
17 Market value of bonds and stocks over book value
Steam Boiler
Not over three months due 277374 58
Unpaid commission thereon 30647 90
Net premiums 246726 68
Total net not over three months due
6982 67
42503 7
246726 68
Gross assets 2396523 98
Total admitted assets 2396523 98
VNONLEDGER LIABILITIES
Steam boiler
1 Total gross amount of claims
3 Net amounts of unpaid claim account
Aggregate of unpaid claims and expenses
4 Gross premiums upon all unexpired risks
running one year or less from date of
policy
Steam boiler premiums 8499467 unearn
ed portion 50 per cent 4249733 total
one year or less
In Process of
Adjustment
16984 27
16984 27
16984 27
KilKS4 2T
42497 33COMPTROLLERGENERALS REPORT 391
5 Gross premiums upon all unexpired risks
running more than one year from date of
policy
Steam boiler 248197971 unearned pre
mium pro rata 128670540 total more
than one year 1286705 40
6 Total unearned premiums as computed above carrd out 1329202 73
Total amount of all liabilities 1346187 00
12 Jointstock actually paid up in cash 500 000 00
13 Surplus beyond capital and other liabilities 550336 981050336 98
Total 2396523 98
Business in the State of Georgia During the Year Ending Dec 31 1898
Bisks Written Premiums Losses Paid Losses Amount of Risks
Received Incurred End of Year
Steam boilers j 785700 00 p 70 45 98 55 2120700 00
BUSINESS IN GEORGIA FOR YEAR ENDING APRIL 30 1899
Risks 637700 00
Premiums 5847 19
Losses 98 55
Tax 58 47
LLOYDS PLATE GLASS INSURANCE COMPANY NEW YORK N V
ICAPITAL STOCK
1 Amount of capital stock authorized 250
00000 subscribed for 250000 00
2 Amount of capital paid up in cash 250000 00
Amount of net ledger assets Dec 31st of previous year 661930 04
IIINCOME DURING YEAR
As shown by Books at Home Office December 31st
Plate Glass
1 Gross premiums unpaid Dec 31 last year
paid 65984 40
2 Gross premiums written and renewed dur
ing year 451810 57
Total 517794 97
3 DeduQt gross premiums now in course of
collection 62920 33
4 Entire premiums collected during the year 454874 64
5 Deduct reinsurance abatement rebate
and return premiums 37989 19
6 Net cash actually received for premiums 416885 4
7 Rents from companys property 12321 11
8 Interest on loans on mortgages of real estate 950 00392 COMPTROLLERGENERALS REPORT
10 Interest on bonds and dividends on stocks 15080 27
Total interest 28351 38
12 Profit on sale or maturity of ledger assets
during the year over book values 7625 27
14 Income from all other sources viz Profit
and loss suspense account 50 96 7676 23
Total income during the year 452913 06
Sum 1114843 10
IIIDISBURSEMENTS DURING THE YEAH
Plate Glass
1 Gross amount paid for claims excepting
weekly indemnity 160510 08
3 Deduct reinsurances salvages and recov
eries on losses previously paid 17tl79 93
Net paid policyholders 14333015
4 Stockholders for interest or dividends amt
declared during the year 50000 00
5 Commissions or brokerage to agents less
received on reinsurance 159532 89
6 Salaries traveling and all expenses of agts
and agencies not on commission account 3140 32
8 Salaries and all other compensation of offi
cers 16600 and home office employes
3974826 56348 26
9 Taxes on premiums 401865 taxes on
property 338403 insurance depart
ment fees and agents licenses 431453
municipal licenses 1050462 22221 83
10 Rent 2961 70
11 Legal expenses 29036 real estate repairs
and expenses other than taxes 3
17805 3468 41
12 Furniture and fixtures 48230 advertis
ing 640865 printing and stationery
363403 10524 98
14 All other items viz Postage and express
309858 sundries 606072 interal rev
enue tax 94362 10102 92
Total miscellaneous expenses 318301 31
Total disbursements 461631 46
Balance 653211 64
IVLEDGER ASSETS
As per ledger accounts shown by the books at home office at close of bus
iness December 31
1 Book value of real estate unincumbered 245763 18
2 Mortgage loans on real estate first liens 20000 00
4 Book value of bonds excluding interest
28601691 and stocks 8617807 372194 98COMPTROLLERGENERALS REPORT
393
Cash in companys office 338207 deposit
ed in banks New York National Exchge
Bank 776974 Corn Exchange Bank
410107 1187081
15253 48
Total net ledger assets
NonLedger Assets
11 Interest accrued on bonds and stocks paid
when purchased
15 Total outstanding interest
10
18
48 61
Market value of real estate over book value
Gross premiums in course of collection to wit
Plate GlassNot over three months due5786549 un
paid commissions thereon 1446637 net premiums
4339912 More than three months due 505484 to
tal net not over three months due
Gross assets
653211 64
48 61
19236 82
43399 12
715896 19
3844 44
Deduct Assets Not Admitted
4 Depreciation from book values of above ledger assets to
bring same to market value
Total admitted assets 712051 75
VNONLEDGEB LIABILITIES
3 Net amout of unpaid claim account in process of adjust
ment plate glass 3649 42
4 Gross premiums upon all unexpired risks
running one year or less from date of
policy plate glass premiums 36156792
unearned portion fifty per cent 180783 96
5 Gross premiums upon all unexpired risks
running more than one year from date of
policy plate glass premiums 8573585
unearned premium pro rata 43754 75
6 Total unearned premiums as computed above carried out 224538 71
8 Salaries rent expenses taxes bills accounts fees due
or accrued including plate glass and glazing 30640 48
Total amount of all liabilities
12 Joint stock capital actually paid up in cash 250000 00
13 Surplus beyond capital and other liabilities
Total
203323 14
258828 61
453223 14
Business in the Stale of Georgia during the year
PLATE GLASS
Risks written
Premiums received
Losses paid
Losses incurred
Amount at risk end of year
712051 75
39833 20
1013 38
304 80
469 42
39833 20394 COMPTROLLERGENERALS REPORT
BUSINESS IN GEORGIA FOR YEAR ENDING APRIL 30 1899
Risks
Premiums
Losses
Tax
43026 79
1054 93
456 23
10 55
THE UNITED STATES BRANCH OF THE LONDON GUARANTEE
AND ACCIDENT COMPANY LONDON ENG
I CAPITAL STOCK
2 Amount paid up in cash 200000 00
Amount of net ledger assets December 31
of previous year 763605 38
Extended at 763605 38
II INCOME DURING THE YEAR
As shoirn by books at Home Office December 31st
Accident Employers Fidelity
accident Liability and Suret
1 Gross premiums unpaid
Dec 31st last year
paid 34665 81 122306 05 1153 6
2 Gross premiums writ
ten and renewed dur
ing year 206809 47
Total241475 28
Deduct gross premiums
now in course of col
lection 37333 01
656204 15
778510 20
104734 37
2254 25
3407 87
Entire premiums col
lected during the year 204142 27
Deduct reinsurance
rebate and return
premiums 47109 84
673775 83 3407 87
93574 58 462 12
6 Net cash actually re
ceived for premiums 157032 43 580201 25
10 Interest on bonds and dividends on stocks
11 Interest upon other debts due the company
and on deposits in bank
Total interest
12 Profit on sale or maturity of ledger assets
during the year over book values
14 Income from all other sources viz Profit
and loss
2945 75
28364 70
82 19
136 64
22 75
740179 43
28446 89
159 39
Total income during the year 768785 71
Sum 1532391 09COMPTROLLERGENERALS REPORT
395
III DISBURSEMENTS DURING THE YEAR
As shown by books at Home Office December 3lst
Accident
1 Gross amount paid for
Employers
Liability
Fidelity
and Surety
claims
79419 58 1289093 47 128 26
Net paid policyhold
ers 79419 58 289093 47
4 Stockholders for interest or dividend re
mitted head office
5 Commissions or brokerage to agents less re
ceived on reinsurance
6 Salaries traveling and all expenses of agents
and agencies not on commission account
7 Medical examiners fees and salaries 3
77728 inspections 523131
8 Salaries and all other compensation of offi
cers and home office employees
9 Taxes on premiums 764080 insurance de
partment fees and agents licenses 3
49238 municipal licenses 231504 rev
nue stamps 140110
10 Rent
11 Legal expenses 256917 real estate repairs
and expenses other than taxes trustees
and auditors 2300
12 Furniture and fixtures 62430 advertising
1310482 printing and stationery 7
43059
14 All other items viz Postage 279145
traveling 319961 exchange 12857
sundry 662281
Total miscellaneous expenses
Total disbursements
Balance
128 26 368641 31
28840 48
199160 54
19212 59
9008 59
42340 77
14849 32
4180 01
4869 17
11159 71
12742 44
317523 14
715004 93
817386 19
IV LEDGER ASSETS
As per ledger accounts shown by the books at Home Office at close of business Dec 31
4 Book value of bonds excluding interest 758453 63
5 Cash in companys office 97637 deposited
in banks 5795616 58932 53
Merchants Loan Trust Co Bank Chi
cago 111 deposited to credit of United
States Trustees 5795616
Total 817386 16
Total net ledger assets 817386 16396 COMPTROLLERGENERALS REPORT
NonLedger Assets
11 Interest due and accrued 8599 81
Total outstanding interest 8599 81
17 Market value of bonds and stocks over book value not in
cluding interest 33301 75
Not over three Unpaid com Net prem More than 3
mons due thereon mons due
Accident 35577 14 9410 87 26166 27 1755 87
Employ e rs
liability 103209 26 28382 54 74826 72 1525 11
138786 40 37793 41 100992 99 100992 99
Gross assets 9602S0 71
XON1EDGEE LIABILITIES
In process of Known or estimd Ressd bv Co Estimatd Ex
adjust Proofs not filed on own acct incidt sett
Accidents 5000 00 13037 19 1100 00
Employer s
liability 226135 00
1 Total
gross amt
of claims 5000 00 13037 19 1100 00 226135 00
Aggregate and unpaid claims and expenses 245272 19
4 Gross premiums upon all unexpired risks running one year or less from
date of policy
Accident premiums 128064 52 unearned
portion 50 per cent 64032 26
Employers liability premiums 54854220
unearned portion 50 per cent 27427110
Fidelity and surety premiums 178850
unearned portion 50 per cent 89425
Total one year or less 339197 61
6 Total unearned premiums as computed above carried
out 339197 61
8 Salaries rents expenses taxes bills accounts fees etc
due or accrued 13555 64
Total amount of all liabilities 598025 44
12 Jointstock capital actually paid up in cash
statutory deposit 200000 00
13 Surplus beyond capital and other liabilities 162255 27 362255 27
Total 960280 71
Business in the Stale of Georgia during the year
Risks Written Preras recd Losses paid Losses Incurd Amt of risk
Accident 925400 00 183135 18199 18199 657900 00
Employers s
liability 280000 00 2696 76 294 60 294 60 280000 00
Fidelity 38000 00 360 00 38000 00
Aggregate 1243400 00 4888 11 476 59 476 59 975900 00COMPTROLLERGENERALS REPORT
BUSINESS IN GEORGIA FOR YEAR ENDING APRIL 30 1899
Risks
Premiums
Losses
Tax
397
850000 0
4720 12
800 00
47 20
9
11
12
13
14
15
16
17
MARYLAND CASUALTY COMPANY BALTIMORE M D
ICAPITAL
Whole amount of capital stock 500000 00
Amount paid up in cash 500000 00
nASSETS
Total par and market value of stocks and bonds owned
absolutely by the company carried out at market value 743242 IS
Total par and market value of stocks and bonds and all
other securities except mortgages hypothecated to
company and amount loaned thereon 18000 00
Cash in companys principal office 23524 58
Cash belonging to the company deposited in
bank A C Brown Sons 1000000
Fidelity and Deposit Co 709762 Mary
land Trust Co 128288 Nal Mechanics
Bank 131705 Third National Bank
548835 total 25185 90
Total cash items 48710 4S
Amount of premium unpaid upon which policies have
been issued 73697 SO
Interest due and accrued on stocks not included in
market value uncollected 274 s2
Interest due and accrued on collateral loans and uncol
lected 1028
Cash in hands of agents and in course of transmission 278 84
Total assets of the company actual cash market
value 88677920
IIILIABILITIES
Losses due and unpaid 659 04
Gross losses in process of adjustment or in
suspense including all reported and sup
posed losses 6553 15
Losses resisted including interest costs
and other expenses thereon 8000 00
Total gross amount of claims for losses 15212 19
Net amount of unpaid losses lo21i398
COMPTROLLERGENERALS REPORT
7 Gross premiums without any deduction re
ceived and receivable upon all unexpired
risks running one year or less from date
of policy 25459817 unearned premiums
fifty per cent 127299 09
S Gross premiums without any deduction re
ceived and receivable upon all unexpired
risks running more than one year from
date of policy 343840 unearned pre
miums pro rata 2750 72
11 Total unearned premiums as computed above carried out 130049 81
12 Net premiums reserve and all other liabilities except
capital under the life insurance or any other special
department 145262 00
20 Total amount of all liabilities except capital stock
scrip and net surplus 145262 00
21 Joint stock capital actually paid up in cash 500000 00
23 Surplus beyond capital and all other liabilities 241547 20
24
Aggregate amount of all liabilities including capi
tal paid up and net surplus
880779 20
INCOME DURING TUB YEAR
4 Gross premiums on risks written and re
newed during the year
6 Deduct premiums and bills in course of col
lection at this date
290034 55
101706 31
7 Entire premiums collected during the year 188928 24
S Deduct reinsurance and return premiums 24855 76
9 Net casli actually received for premiums carried out
11 Received for interests and dividends on stocks and bonds
collateral loans and from all other sources
12 Income received from all other sources omitting in
crease if any in value of securities viz Inspection
fees
13 Received for calls on capital 50000000 Surplus 200
00000
15 Aggregate amount of income actually received
during the year in cash
VEXPENDITURES DURING THE YEAR
3 Net amount paid during the year for losses
6 Paid for commissions or brokerage
7 Paid for salaries fees and other charges of officers clerks
agents and all other employes
8 Paid for State national and local taxes in this and other
States
9 All other payments and expenditures
Aggregate amount of actual expenditures during
the year in cash
104072 48
12370 85
8255 71
700000 00
884699 04
9690 6S
42229 24
16126 75
7218 S3
35335 94
110601 44COMPTROLLERGENERALS REPORT
399
Business in the State of Georgia during the year ending Dec 31 1898
Accident and casualty risks written 1233354 39
Premiums received gross 10435 44
Losses paid 1982 69
Losses incurred 2193 69
BUSINESS IN GEORGIA FOR YEAR ENDING APRIL 30 1899
Risks 2222103 77
Premiums 17021 15
Losses 4902 14
Tax 170 21
THE METROPOLITAN PLATE GLASS INSURANCE COMPANY OP
NEW YORK N Y
ICAPITAL STOCK
1 Whole amount of capital stock
2 Amount paid up in cash
100000 00
100000 00
IIASSETS
1 Market value of real estate owned by the company less
the amount of ineuimbrances thereon
9 Total par and market value of stocks and bonds owned
absolutely by the company carried out at market value
12 Cash in companys principal office 1243 19
13 Cash belonging to the company deposited
in bank Union Trust Co N Y 10374 39
Kings County Trust Co Brooklyn 7035 46
Peoples Trust Co Brooklyn 5484 88
U S Trust Co Boston 1000 00
Total 25137 92
Total cash items
15 Interest due and accrued on stocks not included in mar
ket value uncollected
16 Rents accrued
17 Net premiums in course of collection not over three
months due
All other assets both real and personal viz Due from
other companies for reinsurance on losses already
paid Plate glass on hand to replace losses
Sundry accounts due for glass sold
Total assets of the company actual cash market value
150000 00
292357 50
25137 92
533 33
137 51
27791 97
902 82
141 94
497002 99
400
COMPTROLLERGENERALS REPORT
III LIABILITIES
2 Gross losses in process of adjustment or in
suspense including all reported and sup
posed losses
5 Deduct reinsurance thereon
7 Gross premiums without any deduction
received and receivable upon all unexpir
ed fire risks running one year or less from
date of policy unearned premiums fifty
per cent
1500 00
1500 00
131553 22
11 Total unearned premiums as computed above carried
out
18 Sundry accounts due for glass and glazing
131553 22
6067 59
Total
21 Joint stock capital actually paid up in cash
23 Surplus beyond capital and all other liabilities
24 Aggregate amount of all liabilities including capital paid
up and neit surplus
139120 81
100000 00
257882 18
497002 99
IVINCOME DURING THE YEAR
Gross premiums and bills in course of col
lection at close of last previous year as
shown by that years statement 40186 69
Net collected 40186 69
Gross premiums on risks written and re
newed during the year as shown in Risk
and Premium Exhibit item 2 page 1 297144 97
Total 337331 66
Deduct premiums and bills in course of
collection at this date 42703 67
Entire premiums collected during the year 294627 99
Deduct reinsurance and return premiums 42409 66
9 Net cash actually received for premiums
carried out 252213 33 252218 33
11 Received for interests and dividends on stocks and bonds
collateral loans and from all other sources 11775 64
12 Income received from all other sources omitting in
crease if any in value of securities viz Rents 2775 99
15 Aggregate amount of income actually received during the
year in cash 266769 9SCOMPTROLLERGENERALS REPORT 401
VEXPENDITURES DURING THE YEAR
1 Gross amount actually paid for losses in
cluding 2200 losses occuring in pre
vious years 115677 71
2 Deduct all amounts actually received for
salvages whether on losses of the last
or of previous year 514606 and all
amounts actually received for reinsur
ances in other companies 5146 06
3 Net amount paid during the year for losses il0531 65 110531 65
4 Cash dividends actually paid stockholders amount of
stockholders dividends declared during the year 20000 0t
6 Paid for commissions or brokerage 89669 29
7 Paid for salaries fees and other charges of officers
clerks agents and all other employees 37775 29
8 Paid for State national and local taxes in this and other
States 16145 02
9 All other payments and expenditures viz Real estate
repairs 183325 printing and stationery 189515
advertising 189253 postage and expressage 126260
sundries 712416 14007 69
Aggregate amount of actual expenditures during the
year in cash 288128 94
Business in the Stole of Georgia during the year ending Dec 31 18118
Fire Marine and Inland risks written 31033 46
Premiums received gross 557 46
Losses paid 191 13
Losses incurred 191 13
BUSINESS IN GEORGIA FOR YEAR ENDING APRIL 30 1899
Risks 31733 79
Premiums 773 21
Losses 139 13
Tax 7 73402 COMPTROLLERGENERALS REPORT
THE NATIONAL SURETY COMPANY OF NEW YORK N Y
ICAPITAL
1 Whole amount of capital stock 500000 00
2 Amount paid up in cash 500000 00
IIASSETS
2 Loans on bond and mortgage duly recorded and being
first liens on the fee simple 48775 00
3 Interest due on all said bond and mort
gage loans 19058 interest accrued
thereon 68785 872 43 872 43
4 Value of lands mortgaged exclusive of
buildings and perishable improvements 105225 00
5 Value of buildings mortgaged insured for
43200 as collateral 96650 00
6 Total value of said mortgaged premises
carried inside
201875 00
Account of Stocks and Bonds Owned Absolutely by the Company
Par Value Market Vam
U S Gov bonds 30000 00 34200 00
U S Gov registered bonds 110000 00 14190000
Ntw York city gold exempt
bonds 200000 00 213100 00
New York city gold exempt
bonds 300000 00 321450 00
New York city gold exempt
bonds 200000 00 216940 00
New York city gold exempt
bonds 55000 00 60280 00
City of Brooklyn gold ex
empt bonds 25000 00 27060 00
City of Brooklyn gold ex
empt bonds 15000 00 16492 50
City of Brooklyn gold ex
empt bonds 25000 00 27522 50
9 Total par and market value
carried out at market value
12 Cash in companys principal office
13 Cash belonging to the company deposited
in bank
960000 00 1058945 001058945 00
1123 72
74383 33
75507 05
Total
Total cash items
15 Interest due and accrued on stocks not included in mar
ket value uncollected
75507 05
6125 00COMPTROLLERGENERALS REPORT
403
17 Cash in hands of agents and in course of transmission
94220 less commissions thereon 601426
Amounts advanced on contracts guaranteed secured
by mortgages and cash payments assigned to the
company
Total assets of the company actual cash market value
205 74
97706 24
1376136 46
IIILIABILITIES
2 Gross losses in process of adjustment or n
suspense including all reported and sup
posed losses 9258 43
3 Losses resisted including interest costs
and other expenses thereon 26467 90
4 Total gross amount of claims for losses 35726 33
6 Net amount of unpaid losses 35726 33
7 Gross premiums without any deduction
received and receivable upon all unex
pired fidelity and surety risks running
one year or less from date of policy 423818 06
Unearned premiums fifty per cent 211909 03
11 Total unearned premiums as computed above carried
out 211909 03
12 Special reserve for contingent claims under reinsurance
contract 21000 00
19 All other demands against the company absolute and
contingent due and to become due admitted and con
tested viz Due other companies for reinsurance
22555 trust funds etc 3184014 32065 69
20 Total amount of all liabilities except capital stock scrip
and net surplus 300701 05
21 Joint stock capital actually paid up in cash 500000 00
23 Surplus beyond capital and all other liabilities 575435 41
24 Aggregate amount of all liabilities including capital
paid up and net surplus 1376136 46
IVINCOME DURING THE YEAR
1 Gross premiums and bills in course of col
lection at close of last previous year as
shown by that years statement 49436 94
4 Gross premiums on risks written and re
newed during the year as shown in Risk
and Premium Exhibit item 2 page 1 511735 29
5 Total
561172 23404
COMPTROLLERGEXERAL8 REPORT
6 Deduct premiums and bills in course of col
lection at this date
7 Entire premiums collected during the year
8 Deduct reinsurance and return premiums
94220 00
466952 23
65544 26
9 Net cash actually received for premiums carried out
10 Received for interest an bands and mortgages
11 Received for interests and dividends on stocks and bonds
collateral loans and from all other sources
12 Income received from all other sources omitting in
crease if any in value of securities viz Trust funds
3184014 suspense 42972 Div Natl Bank of K
C defunct 64524
15 Aggregate amount of income actually received during
the year in cash
401407 97
2887 59
34601 39
32915 10
471812 05
VEXPENDITURES DURING THE YEAR
Gross aimoumt actually paid for losses
Deduct all amounts actually received for
salvages whether on losses of the last
or of previous year and all amounts ac
tually received for reinsurances in other
companies
Fidelity and Surety
79998 88
33895 65
3 Net amount paid during the year for losses 46103 23 46103 23
Fo r6nt 8171 16
4 Cash dividends actually paid stockholders amount of
stockholders dividends declared during the year 25000 00
5 Compensation of resident officers and local consulting
attorneys 9825 05
P Paid for commissions or brokerage 31596 65
7 Paid for salaries fees and other charges of officers
clerks agents and all other employees 68215 55
S Paid for State national and local taxes in this and other
States and for tax premiums 7212 3s
For legal expenses 5341 50
9 All other payments and expenditures viz Postage and
express 671740 telegrams and telephones 208272
traveling expenses 779108 Inspection and loss ex
penses and sundries 3049939 for advertising 82823
for general printing and stationery 1350855 61427 37
10 For salaries traveling and all expenses of agents and
agencies not on commission account 51521 68
Losses on securities actually sold under cost 281 25
Aggregate amount of actual expenditures during year in cash 314695 82COMPTROLLERGENERALS REPORT
Business in the State of Georgia during the year ending Dec 31
Fidelity and surety risks written
Premiums received gross
Losses paid
Losses incurred
BUSINESS IN GEORGIA FOR YEAR ENDING APRIL 30 1899
Risks
Premiums
Losses
Tax
405
1898
578
1
1
346 00
870 94
820 49
403 64
841803 24
2519 28
2337 82
25 19
NEW AMSTERDAM CASUALTY CO OF NEW YORK NEW
ICAPITAL STOCK
YORK
1 Amount of capital paid up in cash
Extended at
200000 00
IIINCOME DURING YEAR
14 Income from all other sources viz from stockholders
Total income during the year
IIIDISBURSEMENTS DURING YEAR
14 All other items viz Accrued interest on bond purchas
ed 1392 08
15000 00
Total miscellaneous expenses
Balance
IVLEDGER ASSETS
4 Book value of bonds excluding interest
27343750
5 Cash deposited in banks
Total net ledger assets
273437 50
10170 42
1458 34
SanLedger Assets
11 Interest due and accrued 1
458 34
15 Total outstanding interest
17 Market value of bonds and stocks over book value not in
cluding interest in item 11 schedule 3
Cross assets
200000 00
100000 00
300000 00
16392 08
283007 92
Total admitted assets
283007 92
1458 34
1502 50
286628 76
286628 76406
COMPTROLLERGENERALS REPORT
THE NEW YORK PLATE GLASS INSURANCE COMPANY OP NEW
YORK N Y
ICAPITAL
1 Whole amount of capital stock
2 Amount paid up in cash
100000 00
100000 00
IIASSETS
9 Total par and market value of stocks and bonds owned
absolutely by the company carried out at market
value
12 Cash in companys principal office 2005 86
13 Cash belonging to the company deposited
in bank Real Estate Trust Co 6179 82
Knickerbocker Trust Co 542 62
Mechanics and Traders Bank 1500 00
Total cash items
17 Cash in hands of agents and in course of transmission
351725 00
10228 30
26001 69
5893 24
Total assets of the company actual cash market value 387954 9
IIILIABILITIES
2 Gross losses in process of adjustment or
in suspense including all reported and
supposed losses 5 893 04
4 Total gross amount of claims for losses 5893 24
6 Net amount of unpaid losses
7 Gross premiums without any deductions
received and receivable upon all unex
pired P G risks running one year or
less from date of policy 210930 65
Unearned premiums fifty per cent 105465 32
11 Total unearned premiums as computed above carried
out
14 Amount of dividends declared but not yet due
17 Due and accrued for salaries rent advertising and for
agency and other miscellaneous expenses
19 All other demands against the company absolute and
contingent due and to become due admitted and con
tested viz Return premiums
Total
21 Joint stock capital actually paid up in cash
23 Surplus beyond capital and all other liabilities
24 Aggregate amount of all liabilities including capital paid
up and net surplus
105465 32
5000 00
582 85
820 37
117761 7S
100000 00
170193 21
387954 9COMPTROLLERGENERALS REPORT
407
IV INCOME DURING THE YEAR
I Gross premiums and bills in course of col
lection at close of last previous year as
shown by that years statement 41043 56
3 Net collected 41043 56
4 Gross premiums on risks written and re
newed during the year as shown in Risk
and Premium Exhibit item 2 page 1 259924 19
5 Total 300967 75
6 Deduct premiums and bills in course of
collection at this date 44628 27
7 Entire premiums collected during the year 256339 48
8 Deduct reinsurance and return premiums 52424 29
II Received for interest and dividends on stocks and bonds
collateral loans and from all other sources
15 Aggregate amount of income actually received during
the year in cash
203915 19
13722 77
217637 96
VEXPENDITURES DURING THE YEAR
1 Gross amount actually paid for losses in
cluding 100550 losses occuring to pre
vious years
2 Deduct all amounts actually received for
salvages whether on losses of the last
or of previous year 660012 and all
amounts actually received for reinsur
ances in other companies
83931 53
6600 12
3 Net amount paid during the year for losses
4 Cash dividends actually paid stockholders amount of
stockholders dividends declared during the year
6 Paid for commissions or brokerage
7 Paid for salaries fees and other charges of officers
cierks agents and all other employees
8 Paid for State national and local taxes in this and other
States
9 All other payments and expenditures viz Rent legal
expenses stationery and printing and all other expen
ses
Aggregate amount of actual expenditures during the
vear in cash
77381 41
10000 00
57983 IS
36858 49
9179 77
20748 84
212151 69408 COMPTROLLERGENERALS REPORT
Business in the Mate of Georgia During the Year Ending Deo 31 1898
Plate glass risks written 29 611 65
Premiums received gross 846 93
Losses paid 197 00
Losses incurred 137 00
BUSINESS IN GEORGIA FOB YEAR ENDING APRIL 30 1899
Rlsks 43973 57
Premiums 1101 40
Losses 152 00
Tax 11 01
THE PREFERRED ACCIDENT INSURANCE COMPANY OF NEW
YORK N Y
I CAPITAL STOCK
1 Whole amount of capital stock 100 000 00
2 Amount paid up in cash 100000 00
IIASSETS
9 Total par and market value of stocks and bonds owned
absolutely by the company carried out at market
value 462587 50
12 Cash in companys principal office 6687 87
13 Cash belonging to the company deposited
in bank Merchants Exchange National
Bank NY 120124 93
Total cash items 126 512 80
15 Interest due and accrued on stocks mot included in mar
ket value unoollected 3 562 y
17 Cash in hands of agents and in course of transmission 51306 12
Net premiums in course of collection not over three
months due 53349 06
Total 696517 49
Deduct agents balances 51 305 12
Total assets of the company actual market value 645211 37
IIILIABILITIES
2 Gross losses in process of adjustment or in suspense
including all reported and supposed losses 25350 00
3 Losses resisted Including interest costs and other ex
penses thereon 23000 00
6 Net amount of unpaid losses 48350 00COMPTROLLERGENERALS REPORT
400
7 Gross premiums without any deduction re
ceived and receivable upon all unexpired
fire risks running one year or less from
date ot policy
497074 74
Unearned premiums fifty per cent
Special premium reserve
248537 37
21815 00
11 Total unearned premiums as computed above carried
out
17 Due and accrued for salaries rent advertising and for
agency and other miscellaneous expenses
Total
21 Joint stock capital actually paid up in cash
23 Surplus beyond capital and all other liabilities
24 Aggregate amount of all liabilities including capital paid
up and net surplus
IVINCOME DURING THE YEAR
1 Gross premiums unpaid December 31 last
year paid
2 Gros premiums written and renewed dur
ing year
Total
5 Deduct gross amounts now in course of
collection
70986 50
830245 03
901231 53
74641 52
6 Entire premiums collected during the year 826590 01
7 Deduct reinsurance abatement rebate
and return premiums
2190 67
8 Net cash actually received for premiums carried out
11 Received for interests and dividends on stocks and bonds
collateral loans and from all other sources
15 Aggregate amount of income actually received during the
year in cash
VEXPENDITURES DURING THE YEAR
lally paid for losses oc
274084 05
6000 00
1 Gross amount actually paid for losses oc
curring in previous years
Stockholders for interest or dividends amount
declared during the year 6000
Commissions or brokerage to agents less re
ceived on reinsurance
Salaries traveling and all expenses of agents
and agencies not on commission account
270352 37
2309 81
321012 18
100000 00
224199 19
645211 37
251358 47
28750 75
824399 34
15794 00
840193 34
274084 05410 COMPTROLLERGENERALS REPORT
Medical examiners fees and salaries 1251040
inspections 475050 17260 SO
Salaries and all other compensation of officers
12800 and home office employees 45
23550 53035 50
Taxes on premiums 640905 taxes on prop
erty none insurance department fees
and agents licenses 729204 municipal
licenses 68919 tax on franchise 1
29220 15682 48
Rent including 6500 for companys use of
own building 6500 00
Legal expenses 568628 5686 28
Furniture and fixtures 134205 advertising
1557550 printing and stationery 18
85025 35767 80
Ail other items 45410 35
Total miscellaneous expenses 470452 53
Total 744536 58
Business in the State oi Georgia during year ending December 11 189S
Fire marine and inland risks written 8342000 00
Premiums received gross 14442 00
Losses paid 5128 03
Losses incurred 5600 53
BUSINESS IN GEORIGA FOR YEAR ENDIKG APRIL 30 1899
Risks 7222000 00
Premiums 13070 00
Losses 4008 04
Tax 130 70
THE STANDARD LIFE AND ACCIDENT INSURANCE COMPANY OF
DETROIT MICH
ICAPITAL
1 Whole amount of capital stock 200000 00
2 Amount paid up in cash 200000 00
IIASSETS
1 Market value of real estate owned by the company less
the amount of incumbrances thereon 08438 93
2 Loans on bond and mortgage duly recorded and being
first liens on the fee simple 230 237 50COMPTROLLERGENERALS REPORT
411
3 Interest due on all said bond and mortgage loans 3
88662 interest accrued thereon f383709 total
4 Value of lands mortgaged exclusive of buildings and
perishable improvements
7 Amount of other loans taxes paid on mortgages
9 Total par and market value of stocks and bonds owned
absolutely by the company carried out at market value
2 Cash in companys principal office 18084 50
Cash belonging to the company deposited
15
in bank
58990 09
bonds not included in
Total cash items
Interest due and accrued on
market value uncollected
All other assets both real and personal as per schedule
attached viz Net premiums in course of collection
Total assets of the compay actual cash market value
7723 71
640025 00
28 00
288943 10
77074 59
4286 00
163169 00
839900 83
IIILIABILITIES
2 Gross losses in process of adjustment or in
suspense including all reported and sup
posedlosses 20952 00
3 Losses resisted including interest costs
and other expenses thereon97500 00
4 Total gross amount of claims for losses 118452 00
6 Net amount of unpaid losses 1184o2
7 Gross premiums without any deduction re
ceived and receivable upon all unexpired
risks running one year or less from date
of policy 87289069 unearned pre
miums fifty per cent 436445 35
11 Total unearned premiums as computed above carried out 436445 35
20 Total amount of all liabilities except capital stock
scrip and net surplus 554897 35
2i Joint stock capital actually paid up in cash i w
23 Surplus beyond capital and all other liabilities 8o0Ui 4
21 Aggregate amount of all liabilities including capi
tal paid up and net surplus 839900 83
jVINCOME DURING THE YEAR
On Accident On Liability
Risks Risks
1 Gross premiums and bills in
course of collection at close
of last previous year as shown
by that years statement 170650 87 65973 3
2 Deduct amount of same not
collected 41435 97 26902 26
3 Net collected 129214 90 3907109412
4 Gross premiums on risks written
and renewed during the year 727073 18
COMPTROLLERGENERALS REPORT
426341 08
5 Total 856288 08
6 Deduct premiums and bills in
course of collection at this
date 150153 43
7 Entire premiums collected dur
ing the year 706134 65
8 Deduct reinsurance and re
turn premiums 96728 28
465412 17
65892 98
399519 19
21743 53
9 Net cash actually received for
premiums carried out 609406 37 377775 66 987182 03
10 Received for interest on bonds and mortgages 18863 31
11 Received for interests and dividends on stocks and bonds
collateral loans and from all other sources 11406 63
12 Income received from all other sources omitting increase
if any in value of securities viz Rents 670 70
15 Aggregate amount of income actually received dur
ing the year in cash
1018122 67
VEXPENDITURES DURIN THE YEAR
On Accident On Liability
Risks Risks
1 Gross amount actually paid for
losses 336217 22 204292 66
3 Net amount paid during the
year for losses 336217 22 204292 66
4 Cash dividends actually paid stockholders amount of
dividends declared during the year
5 Salaries traveling and all expenses of agents etc not on
commission account
6 Paid for commissions or brokerage
7 Paid for salaries fees and other charges of officers clerks
agents and all other employes
8 Paid for State national and local taxes in this and other
States including licenses
9 All other payments and expenditures viz Medical fees
255200 inspections 1135760 rent 785455 legal
629199 real estate 399 20 furniture and fixtures
65007 advertising 407584 printing and stationery
595852 postage telegraph and express 608868
traveling expenses of officers and employes 542109
adjustment 849015 general expenses 383541 total
540509 88
12000 00
49610 72
261965 67
44956 84
34594 51
62974 9Q
Aggregate amount of actual expenditures during
the year in cash
1006612 5COMPTROLLERGENERALS REPORT
413
Business in the State of Georgia during the year ending Dec 31 1898
Accident Liability Aggregate
Accident and liability risks written 1324400 00 1324400 00
Premiums received gross 19392 29 6 20 19386 09
Losses paid 15763 23 80 27 15843 50
Losses incurred 15763 23 80 27 15843 50
BUSINESS IN GEORGIA FOR YEAR ENDING APRIL 30 1899
Risks J 380650 00
Premiums 19344 24
Losses 13484 70
Tax 193 45
THE UNITED STATES BRANCH OF THE THAMES MERSEY MA
RINE INSURANCE COMPANY LIMITED OF LIVERPOOL ENG
ICAPITAL
1 Whole amount of capital stock
2 Amount paid up in cash
10000000 00
1000000 00
IIASSETS
9 Total par and market value of stocks and bonds owned
absolutely by the company carried out at market value
13 Cash deposited in bank National City
Bank 15581 29
Total cash items
17 Cash in hands of agents and in course of transmission
IS Bills receivable not matured taken for Are marine and
inland risks
All other assets both real and personal
534640 00
15581 2
82130 41
64379 65
3326 11
Total assets of the company actual cash market value 700057 46
III LIABILITIES
1 Losses due and unpaid 116491 00
3 Losses resisted including interest costs
and other expenses 37941 00
4 Total gross amount of claims for losses
5 Deduct reinsurance thereon
154432 00
21414 00
6 Net amount of unpaid losses 133018 00
10 Gross premiums without any deduction
received and receivable on all unexpired
marine risks
46758 00
11 Total unearned premiums as computed above carried
out
46753 0f414
COMPTROLLERGENERALS REPORT
19 All other demands against the company absolute and
contingent due and to become due admitted and con
tested viz Commission and brokerage 1319091 re
insurance 2573611 38927 02
20 Total amount of all liabilities except capital stock scrip
and net surplus 218703 02
23 Surplus beyond capital and all other liabilities 481354 4T4
24 Aggregate amount of all liabilities including capital paid
up and net surplus 700057 46
IVINCOME DURING THE YEAR
1 Gross premiums and bills in course of col
lection at close of last previous year as
shown by that years statement 73550 23
2 Deduct amount of same not collected 261 76
3 Net collected
4 Gross premiums on risks written and re
newed during the year as shown in Risk
and Premium Exhibit item 2 page 1
5 Total
6 Deduct premiums and bills in course of col
lection at this date
73288 47
682657 65
755946 12
150784 22
7 Entire premiums collected during the year
S Deduct reinsurance and return premiums
605161 90
281053 35
9 Net cash actually received for premiums carried out 324108 55
11 Received for interests and dividends on stocks and bonds
collateral loans and from all other sources 15000 00
15 Aggregate amount of incotme actually received during the
year in cash 339108 55
VEXPENDITURES DURING THE YEAR
1 Gross amount actually paid for losses in
cluding 54772 losses occuring in previous
years 370417 98
2 Deduct all amounts actually received for
salvages whether on losses of the last
or of previous year 1767354 and all
amounts actually received for reinsur
ances in other companies 16688876 184562 20
3 Net amount paid during the year in losses
6 Paid for commissions or brokerage
185855 68
185855 68
49843 86LOMPTROLLERGENEBALS BEPORT
415
7 Paid for salaries fees and Other charges of officers
clerks agents and all other employees 24573 86
8 Paid for State national and local taxes in this and other
States 10607 08
9 All other payments and expenditures viz Rent sup
plies etc 2003052 legal expenses 618769 26218 21
10 Amount sent to home offices during the year 69032 19
Aggregate amount of actual expenditures during the
year in cash 297098 69
Business in the Stite of Georgia during the year ending Dec 31 11
Fire marine and inland risks written
Premiums received gross
Losses paid
Losses incurred
926887 00
3051 36
BUSINESS IN GE RGIA F0 I YEAR ENDING APRIL 30 1899
Risks 1296205 00
Premiums 4194 13
Losses
Tax
41 94
THE TRAVELERS INSURANCE COMPANY HARTFORD CONN
ICAPITAL STOCK
1 Amount of capital stock authorized 1000000 00
Subscribed for 1000000 00
2 Amount of capital paid up in cash 1000000 00
Amount of net or ledger assets December
31st of previous year 3778974 45
Extended at 3778974 45
IIINCOME DURING YEAH
As Shown by Books at Home Office December 31st
6 Net cash actually received for premiums carried out
10 Interest on bonds and dividends on stocks 163754 08
11 Interest upon other debts due the company
and on deposits in bank 4560 30
Total interest
14 Income from all other sources viz Profit and loss
2984395 96
163314 38
35953 84
Total income during the year 3188664 18
Sum 6967638 63416
COMPTROLLERGENERALS REPORT
IIIDISBURSEMENTS DURING YEAR
As Shown by Books at Home Office December 31st
Accident
1 Gross amount paid for claims
excepting weekly indemni
ty 342746 72
Matured endowments 412 00
2 Give amount paid for weekly
or other periodical indem
nity 676888 60
Total 1020047 32
3 Deduct reinsurances salva
ges and recoveries on losses
previously paid 3536 94
1016510 33
Surrender values paid policy
holders 2553 85
Net paid policyholders 1019064 23
Expense of claim adjust
ments and defense of
suits against policyhold
ers 25537 24
Total
4 Stockholders for interest or dividends
amount declared during the year
5 Commissions or brokerage to agents less
received on reinsurance
6 Salaries traveling and all expenses of
agents and agencies not on commission
account
7 Medical examiners fees and salaries 32
85585 inspections 1214111
8 Salaries and all other compensation of of
ficers 2600000 and home office em
ployees 8549523
9 Taxes on premiums 6099824 II S reve
nue 580036 insurance department fees
and agents licenses 1011903 municipal
licenses 264829 tax on franchise 12
35745
10 Rent
11 Legal expenses
12 Furniture and fixtures 162063 advertis
ing 2478371 printing and stationery
2728607
Employers
Liability
239779 85
239779 85
1377 42
238402 43
238402 43 1257466 66
92346 68
117883 92
50000 00
824457 71
86267 14
44996 96
111495 23
91923 37
29627 88
2973 30
53690 41COMPTROLLERGENERALS REPORT 417
13 Losses on ledger assets actually sold or
matured under book value 270 00
14 All other items viz Express charges
602305 expense 1113029 exchange
177347 postage 12182 42 traveling
expenses 69505 31804 28
Total miscellaneous expenses1445390 20
Total disbursements 2702856 86
Balance 4264781 77
IVLEDGER ASSETS
As Per Ledger Accounts Shown by the Books at Home Office at Close of
Business December 31st
4 Book value of bonds excluding interest
169108262 and stocks 210201356 3793096 18
5 Cash in companys office 145967 de
posited in banks 47022592 471685 59
Total 4264781 77
Total net ledger assets 4264781 77
Non Ledger Assets
11 Interest due and accrued 42107 39
Total outstanding interest 42107 39
17 Market value of bonds and stocks over book value not in
cluding interest in item 11 221440 46
Gross assets 4528329 62
Business in the State of Georgia During the Year Ending Dec 31 1898
Risks Written Prem Received Losses Paid Losses Amt at Risk
Incurred End f Year
Accident 15087660 00 36550 77 12649 75 12649 75 9052596 00
Employers
liability 850000 00 8483 52 41S 85 418 85 807500 00
Aggregate 15937660 00 45034 29 13487 45 13487 45 9860096 00
BUSINESS IN GEORGIA FOR YEAR ENDING APRIL 30 1899
Risks 13321210 00
Premiums 33454 61
Losses 11550 12
Tax 384 55418
COMPTROLLERGENERALS REPORT
THE UNITED STATES CASUALTY INSURANCE COMPANY OP NEW
YORK N Y
I CAPITAL
1 Whole amount of capital stock
2 Amount paid up in cash
300000 00
300000 00
300000 00
1 Market value of real estate owned by the company less
the amount of ineumbrances thereon
5000 00
Account of Stocks and Bonds Owned Absolutely by the Company
J at Vaiue Market Value
United States bonds coupon 3
per cent
Consolidated stock of city of
New York registered 2y2
per cent
New York City exempt addi
tional water stock 3 per
cent
New York City gold bands 3 per
cent
JSfew York City gold bonds re
demption 3 per cent
New York City gold bonds 3y2
per cent
New York City gold bonds reg
istered 3 per cent
9 Total par and market value carried out
12 Cash in companys principal office
13 Cash belonging to the company deposited
in bank Bank State of New York 21
01446 Central Trust Co of New York
79557 Old Colony Trust Co Boston 2
07456 International Trust Co Boston
Mass 40000 Illinois Trust and Savings
Bank Chicago 111 96092 Corn Ex
change Bank Chicago 111 20000
Brown Bros Co Philadelphia Pa
73361 Farmers Mechanics National
Bank Philadelphia Pa 20000
120000 00
283000 00
50000 00
25000 00
35000 00
210000 00
40000 00
125033 13
256316 56
49750 00
25093 75
37450 00
228637 50
43000 00
21155 10
26379 12
Total cash items
15 Interest due and accrued on stocks not included in mar
ket value uncollected
All other assets both real and personal Premiums in
course of collection 10030221 less commissions 25
07555
Total assets of the company actual cash market value
765280 94
47534 22
3941 64
75226 66
896983 46COMPTROLLERGENERALS REPORT
419
IIILIABILITIES
2 Gross losses in process of adjustment or in
suspense including all reported and sup
posed losses 25340 00
3 Losses resisted including interest costs
and other expenses thereon 65025 00
4 Total gross amount of claims for losses 90365 00
6 Net amount of unpaid losses
7 Gross premiums without any deduction re
ceived and receivable upon all unexpired
risks running one year or less from date
of policy 597973 11
Unearned premiums fifty per cent 298986 51
8 Gross premiums without any deductions
received and receivable upon all unex
pired risks running more than one year
from date of policy 30105 15
Unearned premiums pro rata
17 Due and accrued for salaries rent advertising and for
agency and other miscellaneous expenses
19 All other demands against the company absolute and
contingent due and to become due admitted and con
tested viz Reinsurance 175189 contingency fund
1831904 agents credit balances 3504 all other in
debtedness 100000
Total
21 Joint stock capital actually paid up in cash
23 Surplus beyond capital and all other liabilities
24 Aggregate amount of all liabilities including capital paid
up and net surplus
90365 00
329091 66
1420 83
21105 97
441983 46
300000 00
155000 00
896983 46
IVINCOME DURING THE YEAR
1 Gross premiums and bills in course of col
lection at close of last previous year as
shown by that years statement 101482 71
3 Net collected 101482 71
4 Gross premiums on risks written and re
newed during the year as shown in risk
and premium exhibit item 2 page 1 1020267 30
5 Total 1121750 01
6 Deduct premiums and bills in course of
collection at this date 101290 79
7 Entire premiums collected during the year 1020459 2242 COMPTROLLERGENERALS REPORT
8 Deduct reinsurance and return premiums 304156 42
9 Netcash actually received for premiums carried out 716302 80
11 Received for interests and dividends on stocks and bonds
collateral loans and from all other sources 20003 87
12 Income received from all other sources 925 00
15 Aggregate amount of income actually received during the
year in cash 737231 67
VEXPENDITURES DURING THE YEAR
3 Net amount paid during the year for losses 267440 23
6 Paid for commissions or brokerage 181385 70
7 Paid for salaries fees and other charges of officers
clerks agents and all other employees 101806 27
8 Paid for State national and local taxes in this and other
states 12894 44
9 All other payments and expenditures viz Rent 8845
legal expenses 320374 furniture and fixtures 1
8S323 advertising 55940 printing and stationery
1135788 postage 640578 telegrams and telephone
206647 fees of directors 378000 internal revenue
209435 miscellaneous expenses 444304 profit and
loss viz accounts payable 147966 total 46119 40
Aggregate amount of actual expenditures during the
year in cash 609646 04
Business in the State of Georgia during the Year ending Dec 31 1898
Em plovers
Appirlent La liny Agtrrevate
Risks written 14528250 00 385000 00 14913250 00
Premiums received gross 15314 36 2003 01 17317 37
Losses paid 10748 75 1666 69 12415 44
Losses incurred 10778 06 1343 23 12121 29
BUSINESS IN GEORGIA FOR YEAR ENDING APRIL 30 1899
Risks 12087600 00
Premiums 16082 44
bosses 5882 22
Tax 160 82 COMPTROLLERGENERALS REPORT 421
THE UNITED STATES GUARANTEE COMPANY NEW YORK
ICAPITAL
250000 00 250000 00


IIASSETS
1 Market value of real estate owned by the company less
1724 28
2 Loans on bond and mortgage duly recorded and being
100 00
4 Value of lands mortgaged exclusive of buildings and perishable improvements 400 00
6 Total value of said mortgaged prem
9 Total par and market value of stocks and bonds owned
absolutely by the company carried out at market value 368800 00
12 Cash in companys principal office 33101
13 Cash belonging to the company deposited in bank Chase National Bank N Y 4544913 Merchants L T Co Chicago 1853021 Tradesmens National Bank 168087 Knick Trust Co 446454 Western National Bank 64333
71236 52
15 Interest due and accrued on stocks not included in
3764 23
17 Cash in hands of agents and in course of transmission 10660 02
Total assets of the company actual cash market
i 456 285 05

IIILIABILITIES
2 Gross losses in process of adjustment or in
suspense including all reported and sup
posed losses25688 24
4 Total gross amount of claims for losses 25688 24
7 Gross premiums without any deduction re
ceived and receivable upon all unexpired
fire risks running one year or less from
date of policy 8978351 unearned pre
miums fifty per cent 44891 76
8 Gross premiums without any deduction re
ceived and receivable upon all unexpired
fire risks running more than one year
from date of policy 347450 unearned
premiums pro rata 2298 52
11 Total unearned premiums as computed above car
riedout 47190 28422
COMPTROLLERGENERALS REPORT
74848 13
250000 00
131436 92
456285 05
17 Due and accrued for salaries rent advertising and for
agency and other miscellaneous expenses 575 00
19 All other demands against the company absolute and
contingent due and to become due admitted and con
tested viz Reinsurance 350 33 commission
104428 1394 6i
20 Total amount of all liabilities except capital stock
scrip and net surplus
21 Joint stock capital actually paid up in cash
23 Surplus beyond capital and all other liabilities
24 Aggregate amount of all liabilities including capital
paid up and net surplus
IVINCOME DURING THE YEAR
On Fidelity Risks
3 Net collected 8548 48
4 Gross premiums on risks written and re
newed during the year 122767 30
5 Total 131315 78
6 Deduct premiums and bills in course of col
lection at this date 9173 29
7 Entire premiums collected during the year 122142 49
8 Deduct reinsurance and return premiums 36679 17
9 Net cash actually received for premiums carried out
10 Received for interest on bonds and mortgages
11 Received for interests and dividends on stocks and bonds
collateral loans and from all other sources
15 Aggregate amount of income actually received during the
year in cash 98323 81
85463 32
25 85
12834 34
VEXPENDITURES DURING THE YEAR
On Fidelity Risks
1 Gross amount actually paid for losses in
cluding losses occurring in pre
vious years 28241 69
2 Deduct all amounts actually received for
salvages whether on losses of the last or
of previous year and all
amounts actually received for reinsur
ance in other companies total
deductions 8434 80
3 Net amount paid during the year for losses
4 Cash dividends actually paid stockholders amount of
stockholders dividends declared during the year
6 Paid for commissions or brokerage
7 Paid for salaries fees and other charges of officers clerks
agents and all other employes
8 Paid for State national and local taxes in this and other
States
19806 89
15000 00
12422 65
26849 11
1405 80COMPTROLLERGENERALS REPORT 423
9 All other payments and expenditures viz Rent 3
45238 legal expenses 111135 advertising 163289
printing and stationery 251766 office charges 2
17963 postage etc 303205 insurance and travel
ing 282023 sundries 20560 total 16951 79
Aggregate amount of actual expenditures during
the year in cash 92436 24
Business in the State of Georgia During the Year ending Dec 31 1898
Fidelity Risks
Fidelity risks written 31800 00
Premiums received gross 58 25
BUSINESS IN GEORGIA FOR YEAR ENDING APRIL 30 1899
Risks 67
Premiums 271 85
Tax 2 71
THE UNION CASUALTY AND SURETY CO ST LOUIS MO
I CAPITAL STOCK
1 Amount of capital stock author
ized 250000 subscribed for 250000 00
2 Amount of capital paid up in
cash 250000 00
Amount of net ledger assets December 31st
of previous year 503683 47
Extended at 503683 47
II INCOME DURING YEAR
4s shown by books at Home Office December 31
Accident X P GaSS
1 Gross premi
ums unpaid
Dec 31 last
year paid 114652 10 126087 67 22507 35 11519 27
2 Gross premi
ums written
and renewed
during year 358710 13 509495 78 89910 71 39100 96
Total 473362 23 635583 45 112438 06 50620 23
3 Deduct gross
p r e m i u ms
no win course
of collection 88139 07 126621 41 19427 10 10091 46
4 Entire premi
ums collect
ed during
the year 385223 16 503982 04 93010 96 39628 7742 5 6 8 10 12 1 2 1 COMPTROLLERGENERALS REPORT Deduct reinsurance aba tement rebate and return premiums 96274 12 81580 46 20944 76 5479 48 822546 11 21115 44 2132 50
Net cash actually recd for premms 288949 04 427381 58 72066 20 Interest on loans on mortgages of real estate Interest on bonds and dividends on stocks 34149 299985 82 11129 62

Profit on sale or maturity of ledger assets during the year

845794 05

1349477 52
III DISBURSEMENTS DURING YEAR As shown by books at Home Office December 31 Accident jjgaEE Pte Glass f Gross amount paid for claims exceptg weekGross amount
paid for week
ly or other pe
riodical indem
nity 118549 55 272261 42
Total 148560 48 272261 42 28129 42 482 85
Net paid policyholders 449 434 17
5 Commissions or brokerage to agents less re
ceived on reinsurance 244043 09
7 Inspections 12528 71
8 Salaries and all other compensation of offi
cers 8150 and home office employes
3440879 42558 79
9 Taxes on premiums 1193113 taxes on
property 178883 insurance department
fees and agents licenses 69675 muni
cipal licenses 94649 21629 20
10 Eent 4560 92
11 Legal expenses 3883 91
12 Furniture and fixtures 25325 advertising
228225 printing and stationery 5
181 31 7696 81COMPTROLLER GENERALS REPORT 425
14 All other items viz Adjusting 2052928
general expense 1184298 32372 26
Total miscellaneous expenses 390590 05
Total disbursements 840024 22
Balance 509453 30
IV LEDGER ASSETS
Asper ledger accounts shown by the books at Home Office at clote of business Dec 31
2 Mortgage loans on real estate first liens 202335 00
4 Book value of bonds excluding interest 267240 00
5 Cash in companys office 242781 deposited
in banks 3745049 39878 30
Total net ledger assets 509453 30
Non Ledger Assets
10 Interest accrued on mortgages 3219 59
11 Interest accrued on bonds and stocks 165 00
Total outstanding interest 3384 59
17 Market value of bonds and stocks over book value not in
cluding interest in item 11 10160 00
18 Gross premiums in course of collection viz
Not over 3 P Net
months due thereon Premiums
Accident 88139 07 26441 72 61697 35
Employers liability 126621 41 27856 71 98764 70
Plate glass 1942710 582813 1359897
Steam boiler 10991 46 2308 21 863 25
24 179 04 62434 77 182744 27
Total not over three months due 182744 27
Total admitted assets 705742 16
V NONLEDGER LIABILITIES
In process of
adjustment
Accident
Employers liability
Plate glass
10506 00
4930 00
1053 21
Resisted by
company on
its o ah acct
Not ouilawd
7550 00
901 29
Estimated ex
penses inci
dent to set
tlenivnt
64300 00
3 Net amount of unpaid
claim account 16489 21 8451 29 64300 00
Aggregate of unpaid claims and expenses
4 Gross premiums upon all unexpired risks
running one year or less from date of pol
icy
Accidentpremiums 129761 35 unearned
portion 50 per cent 64880 67
89240 50426
COMPTROLLERGENERALS REPORT
Employers liabilitypremiums 36594226
unearned portion 50 per cent 182971 13
Plate glasspremiums 7106392 unearned
portion 50 per cent 35531 96
Steam boilerpremiums 2451451 un
earned portion 50 per cent 12257 26
Total unearned premiums as computed above 29564102
8 Salaries rent expenses taxes bills accounts fees etc
due or accrued 540 61
Total amount of all liabilities 385422 13
12 Jointstock capital actually paid up in cash 250000 00
13 Surplus beyond capital and other liabilities 70320 03 320320 03
Total
705742 16
Business in the Slate of Georgia during the year
Risks
Written
Premims
Received
Losses
Paid
Losses
Incurred
Acciden t724800 00 3660 20 2195 20 2195 20
Employers liability 205000 00 1522 85 2234 19 2231 19
Plate Glass 4400 00 180 85 35 00 35 00
Steam boiler 25000 00 95 00
Amount at
Risk End
of Year
558000 00
175000 00
4400 00
25000 00
Aggregate 959200 00 5458 90 4464 39 4464 39 762400 00
BUSINESS IN GEORGIA FOK YEAR ENDING APRIL 30 1899
Risks
Premiums
Losses
Tax
879060 00
4583 91
2382 65
45 84
THE UNITED STATES FIDELITY AND GUARANTY COMPANY
BALTIMORE MD
ICAPITAL STOCK
1 Amount of capital stock au
thorized 150000000
Subscribed for1000000 00
2 Amount of capital stock paid
up in cash 1000000 00
Amount of net ledger assets December 31 of
previous year 857920 40
Increase of capital during 1898 194140 CO
Deposits Dec 31 1898 29019 99 370 31
Increase of cash collateral depos
its Dec 31 1897 28649 68 Extdedat 1052430 71COMPTROLLERGENERALS REPORT
427
IIINCOME DURING YEAR
1 Gross premiums unpaid Dec 31 last year
paid
2 Gross premiums written and renewed dur
ing year
Fidelity and
Surety
31120 85
452375 61
Total
3 Deduct gross premiums now in course of
483496 46
collection m676 9Q
4 Entire premium collected during the year
5 Deduct reinsurance abatement rebate
and return premiums
6 Net cash actually received for premiums
carried out
8 Interest on loans on mortgages of real es
tate
9 Interest on collateral loans
10 Interest on bonds and dividends on stocks
Total interest
12 Profit on sale or maturity of ledger assets
during the year over book value
13 Mercantile and attorneys subscription
Paid into surplus fund
Total income during the year
Sum
371819 58
43849 93
327969 63 327969 63
60 00
8683 52
20404 80
460 75
31117 50
183000 00
HIDISBURSEMENTS DURING YEAR
29148 32
214578 25
571696 20
1624126 91
1 Gross amount paid for claims excepting
weekly indemnity
Total
3 Deduct reinsurances salvages and recov
eries on losses previously paid
Net paid policy holders
5 Commissions or brokerage to agents less
received on reinsurance
6 Salaries traveling and all expenses of agents
and agencies not on commission accounts
8 Salaries and all other compensation of offi
cers 1171166 and home office employess
2341899
9 Taxes on premiums 836127 taxes on
property 578 88 insurance department
fees and agents licenses 1363579 mu
nicipal licenses 8998 tax on franchise
10 Rent including 290333 for companys use
of own building less 7500 from sublease
Fidelity and
Surety
31787 13
31787 13
1264 68
30522 45 30522 45
68420 68
69435 39
35130 65
22665 92
2828 33428 COMPTROLLERGENERALS REPORT
11 Legal expenses 1036646 real estate re
pairs and expenses other than taxes 10366 46
12 Furniture and fixtures advertising
837547 printing and stationery 1576833 24143 80
13 Losses on ledger assets actually sold or ma
tured under book value furniture and
fixtures charged off 11 247 73
14 All other items viz postage revenue
stamps telegrams 1055654 expressage
215730 2 713 si
Mercantile attorneys department 3750038
incidentals development etc 2848028 65980 66
Total miscellaneous expenses 300 933 46
Total disbursements 35345591
Balance hmfinw
IVLEDGER ASSETS
As per Ledger Accounts Shown by the books at Home office at Close of Business
December 31st
1 Value of real estate 69 693 67
2 Mortgage loans on real estate first liens
350000 other than first liens 3500 00
3 Loans secured by pledge of bonds stocks or
other collaterals 63300
4 Book value of bonds excluding interest
38370391 and stocks 425036 34 808740 25
5 Cash in companys office 39796 01 depos
ited in banks 24233390 282 129 91
Banks and amounts National Exchange 2
05282 Baltimore Trust Guarantee Co
673858 First National 9033205 Far
mers Merchants 100000 National
Bank of Commerce 3139579 Western
National 100000 Commercial Far
mers 2500 00 Equitable National 2
56000 Mercantile Trust Depoeit Co
160333 Hambleton Co 2500000 T
Scott Son 3100000 Owen Daly 60
2500000 Traders National Bank 1
67611 National Bank of Baltimore 5
00000 Tradesmens National Bank of
Philadelphia 200000 Land Title Trust
Co of Philadelphia 500000 Western
National Bank of N Y 847522
6 Bills receivable furniture and fixtures 100 00
7 All other items viz Advances on real es
tate secured by deeds 26 88 02
Mercantile and attorneys subscriptions less
commi8sionsJ6iii
225IV 127067100
lotal net ledger assets as per balance 1270671 00COMPTROLLERGENERALS REPORT
429
NONLEDGER ASSETS
10 Interest due and accrued 6500
on mortgages 65 00
11 Interest due 716863 and accrued 2886
13 on bonds and stocks 10054 76
12 Interest due 13000 and accrued 127333
on collateral loans 403 33
Total outstanding interest 10523 09
17 Market value of bonds and stocks over book value not in
cluding interest in item 11 40395 08
Not over Three Unpaid Com Net
Months Due Thereon Premiums
Fidelity and surety 111676 90 19010 37 92666 53
Total net not over three months due 92666 53
Gross assets 1414255 70
Deduct Assets Not Admitted
2 Furniture fixtures and safes 10000 sup
plies printed matter and stationery 100 00
Total 100 00
Total admiteed assets 1414155 70
VNONLEDGER LIABILITIES
Claims Adjd In Process Known ores Resisted
and not paid of adjust timated proofs by Company
ment not filed on its own acet
not outlawed
Fidelity and
surety 736 03 3148 16 5065 00 4521 11
Aggregate of unpaid claims and expenses 13470 30
Fidelity and surety premiums 382876 81
Unearned portion 50 per cent 191438 41
Total one year or less 191438 41
Total unearned premiums as computed above car
ried out 191438 41
11 All other liabilities viz Cash deposited as collateral
for risks 29019 99
Total amount of all liabilities 233928 70
12 Joint stock capital actually paid up in cash 1000000 00
13 Surplus beyond capital and other liabilities 180227 00 1180227 00
Total l4 4155 70
Business in the State of Georgia During the Year Ending December 1 1898
Fidelity surety risks written 184662200 premiums re
ceived 704948 losses paid 52450 losses incurred
52450 amount at riskend of year 1495822 00
BUSINESS IN GEORGIA FOR YEAR ENDING APRIL 30 1899
Risks 2089170 49
Premiums 7817 68
Tax 78 18TABLE No 1432
COMPTROLLERGENERALS REPORT
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A
MTNA INSURANCE COMPANY HARTFORD
CONN
Statement of for 1899 2023
ETNA LIFE INSURANCE COMPANY HART
FORD CONN
Statement of for 1899169174361364
AGRICULTURAL FIRE INSURANCE COMPANY
OF WATERTOWN N Y
Statement of for 1899 1517
AMERICAN BONDING AND TRUST COMPANY
BALTIMORE MD
Statement of for 1899368369
AMERICAN CREDIT INDEMNITY COMPANY
NEW YORK N Y
Statement of for 1899370372
AMERICAN FIRE INSURANCE COMPANY OF
NEW YORK N Y
Statement of for 1899 1720
AMERICAN SURETY COMPANY NEW YORK
N Y
Statement of for 1899365367
AMERICAN UNION LIFE INSURANCE COMPANY
OF NEW YORK N Y
Statement of for 1899166169
ATLANTA HOME FIRE INSURANCE COMPANY
ATLANTA GA
Statement of for 1S99 2426
ATLANTA MUTUAL LIFE INSURANCE COM
PANY OF ATLANTA GA
Statement of for 1899332334446 COMPTROLLERGENERALS REPORT
B
BANKERS GUARANTEE FUND LIFE ASSOCIA
TION ATLANTA GA
Statement of for 1899334336
BACKERS MUTUAL CASUALTY COMPANY DES
MOINES IOWA
Statement of for 1899372374
BRITISH AMERICAN ASSURANCE COMPANY
OF TORONTO CANADA
Statement of for 1899 2628
C
CALEDONIAN FIRE INSURANCE COMPANY OF
EDINBURGH SCOTLAND UNITED STATES
BRANCH
Statement of for 1899 2930
CHICAGO GUARANTY FUND LIFE SOCIETY
CHICAGO ILL
Statement of for 1899337339
CITY TRUST SAFE DEPOSIT AXD SAFETY COM
PANY OF PHILADELPHIA PA
Statement of for 1899374375
COMMERCIAL UNION ASSURANCE COMPANY
LIMITED OF LONDON ENG LA X I
Statement of for 1899 3133
CONNECTICUT FIRE INSURANCE COMPANY
HARTFORD CONN
Statement of for 1899 3639
CONNECTICUT MUTUAL LIFE I XSIKANCE COM
PANY OF HARTFORD CONN
Statement of for 1899175i 79
CONTINENTAL NSURANCE COMPANY OF NEW
YORK N Y
Statement of for 1899 3336
D
DELAWARE INSURANCE COMPANY OF PHILA
DELPHIA PA
Statement of for 1899 39421COMPTROLLERGENERALS REPORT 447
E
EMPLOYEES LIABILITY ASSURANCE COM
PANY LIMITED ENGLANDUNITED
STATES BRANCH
Statement of for 1899378380
EQUITY LIFE ASSOCIATION STAUNTON VA
Statement of for 1899310342
EQUITABLE LIFE ASSURANCE SOCIETY OF THE
UNITED STATES OF NEW YORK N Y
Statement of for 1899180184
F
FIDELITY AND CASUALTY INSURANCE COM
PANY OF NEW YORK N Y
Statement of for 1899380382
FIDELITY AND DEPOSIT SURETY COMPANY OF
BALTIMORE MD
Statement of for 1899383385
FIDELITY MUTUAL LIFE ASSOCIATION PHILA
DELPHIA PA
Statement of for 1899184188
FIRE ASSOCIATION OF PHILADELPHIA PA
Statement of for 1899 4244
FIREMANS FUND FIRE INSURANCE COMPANY
OF SAN FRANCISCO CAL
Statement of for 1899 4447
G
GEORGIA HOME FIRE INSURANCE COMPANY
OF COLUMBUS GA
Statement of for 1899 4850
GEORGIA SICK AND ACCIDENTAL BENEFIT AS
SOCIATION ATLANTA GA
Statement of for 1899343345
GERMAN AMERICAN FIRE INSURANCE COM
PANY OF NEW YORK N Y
Statement of for 1899 5052448 COMPTROLLERGENERALS REPORT
GERMANIA TIRE INSURANCE COMPANY OF
NEW YORK N Y
Statement of for 1899 5355
GERMANIA LIFE INSURANCE COMPANY NEW
YORK N Y
Statement of for 1899188192
GENERAL ACCIDENT ASSURANCE CORPORA
TION LIMITED PERTH SCOTLAND
Statement of for 1899 385
GLENS FALLS FIRE INSURANCE COMPANY OF
GLENS FALLS NEW YORK
Statement of for 1899 5558
GREENWICH FIRE INSURANCE COMPANY OF
NEW YORK N Y
Statement of for 1899 5861
GUARANTEE COMPANY OF NORTH AMERICA
FIRE INSURANCE COMPANY OF MON
TREAL CANADA
Statement of for 1899386388
II
HAMBURGBREMEN FIRE INSURANCE COM
PANY OF HAMBURG GERMANY
Statement of for 1899 6163
HANOVER FIRE INSURANCE COMPANY OF
NEW YORK N Y
Statement of for 1899 6365
HARTFORD FIRE INSURANCE COMPANY HART
FORD CONN
Statement of for 1899 6668
HARTFORD LIFE INSURANCE COMPANY HART
FORD CONN
Statement of for 189919219
HARTFORD STEAM BOILER INSPECTION AND
INSURANCE COMPANY OF HARTFORD
CONN
Statement of for 1899388391
HOME INSURANCE COMPANY OF NEW YORK
N Y
Statement of for 1899 6871COMPTROLLERGENERALS REPORT
449
205
HOME FRIENDLY SOCIETY BALTIMORE MD
Statement of for 1899345348
HOME LIFE INSURANCE COMPANY OF NEW
YORK N Y
Statement of for 1899195199
I
ILLINOIS LIFE INSURANCE COMPANY CHICA
GO ILL
Statement of for 1899
IMPERIAL INSURANCE COMPANY LIMITED OF
LONDON ENGLAND
Statement of for 1899 l3
INDUSTRIAL AID ASSOCIATION ATLANTA
GA
Statement of for 1899348350
INSURANCE COMPANY OF NORTH AMERICA
OF PHILADELPHIA PA
Statement of for 1899 7477
IOWA LIFE INSURANCE COMPANY SIOUX
CITY IOWA
Statement of for 1899200205
INSURANCE
Names and postoffices of Fire Insurance Companies
authorized to transact business 1899 432433
Names and postoffices of Life Insurance Companies
authorized to transact business 1899 434
Names and postoffices of Accident Marine and Surety
Companies authorized to transact business 1899 435
Fire Businesss436437
Old LineBusiness
Assessment Life and AccidentBusiness
Accident Surety and MarineBusiness
Fire doing brokers businessGeneral Condition
Comparative business of insurance companies from
1889 to 1899442443
440
441450 COMPTROLLERGENERALS REPORT
L
LANCASHIRE EIRE INSURANCE COMPANY OF
MANCHESTER ENGLAND
Statement of for 1899 7779
LION FIRE INSURANCE COMPANY OE LONDON
ENGLAND
Statement of for 1899 798
LLOYDS PLATE GLASS INSUEANCE COMPANY
OF NEW YOKE N Y
Statement of for 1899391393
LIYEEPOOL AND LONDON AND GLOBE FIRE IN
SUEANCE COMPANY OF LIYEEPOOL
ENGLAND
Statement of for 1899 8284
LIYEEPOOL AND LONDON AND GLOBE FIEE
INSUEANCE COMPANY OF NEW YOEK
N Y
Statement of for 1899 8586
LONDON ASSUEANCE COEPOEATION OF LON
DON ENGLAND
Statement of for 1899 8789
LONDON AND LANCASHIEE FIEE INSUEANCE
COMPANY OF LIYEEPOOL ENGLAND
Statement of for 1899 8991
LONDON GUAEANTEE AND ACCIDENT COM
PANY LONDON ENGUNITED STATES
BRANCH
Statement of for 1899394397
M
MAGDEBUEG FIEE INSUEANCE COMPANY OF
MAGDEBUEG GERMANY
Statement of for 1899 9293
MANCHESTER FIKE ASSUEANCE COMPANY OF
AIAXOIIESTEE ENGLAND
Statement of for 1899 9496
MANHATTAN LIFE INSURANCE COMPANY OF
NEW YORK N Y
Statement of for 1899206211COMPTROLLERGEXERALS REPORT 451
MANHATTAN FIRE INSURANCE COMPANY OF
THE CITY OF NEW YORK N Y
Statement of for 1899 9698
MARYLAND CASUALTY COMPANY BALTI
MORE MlX
Statenient of for 1899397399
MARYLAND LIFE INSURANCE COMPANY BAL
TIMORE MIX
Statement of for 1899211217
MASSACHUSETTS MUTUAL LIFE INSURANCE
COMPANY SPRINGFIELD MASS
Statement of for 1899218223
METROPOLITAN PLATE CLASS INSURANCE
COMPANY OF NEW YORK N Y
Statement of for 1899399401
METROPOLITAN LIFE INSURANCE COMPANY
OF NEW YORK N Y
Statement of for 1899223228
MICHIGAN MUTUAL LIFE INSURANCE COM
PANY OF DETROIT MICHIGAN
Statement of for 1899228233
MILWAUKEE MECHANICS FIRE INSURANCE
COMPANY MILWAUKEE WISCONSIN
Statement of for 1899 99101
MUTUAL BENEFIT LIFE INSURANCE COM
PANY NEWARK N J
Statement of for 1899233238
MUTUAL LIFE INSURANCE COMPANY OF
LOUISVILLE KY
Statement of for 1899244249
MUTUAL LIFE INSUTLYNCE COMPANY OF NEW
YORK N Y
Statement of for 1899239244
MUTUAL RESERVE FUND LIFE ASSOCIATION
NEW YORK N Y
Statement of for 1899351354452 COMPTROLLERGENERALS REPORT
N
NATIONAL FIRE INSURANCE COMPANY OF
HARTFORD CONN
Statement of for 1899101103
NATIONAL SURETY COMPANY OF NEW YORK
N Y
Statement of for 1899402405
NEW AMESTEEDAM CASUALTY COMPANY OF
NEW YOEE N Y
Statement of for 1899405408
NEW ENGLAND MUTUAL LIFE INSURANCE
COMPANY BOSTON MASS
Statement of for 1899249253
NEW YORK CASUALTY COMPANY NEW YORE
N Y
Statement of for 1899253258
NIAGARA FIRE INSURANCE COMPANY OF
NEW YORK N Y
Statement of for 1899104106
NORTH BRITISH AND MERCANTILE INSUR
ANCE COMPANY OF LONDON AND EDIN
BURGH GREAT BRITAIN
Statement of for 1899109110
NORTHERN ASSURANCE COMPANY OF LON
DON ENGLANDU S BRANCH
Statement of for 1899n1H4
NORTHWESTERN LIFE INSURANCE COMPANY
CHICAGO ILL
Statement of for 1899354358
NORTHWESTERN MUTUAL LIFE INSURANCE
COMPANY MILWAUKEE WISCONSIN
Statement of for 1899258263
NORWICH UNION FTRE INSURANCE COMPANY
OF NORWICH ENGLAND
Statement of for 1S99106108
O
ORIENT FIRE INSURA X IE OM PAX Y OF HART
FORD CONN
Statement of for 1899114116COMPTROLLEUUEXERALS RKPORT 453
P
PACIFIC PIPE INSURANCE COMPANY OF NEW
YORK N Y
Statement of for 1899117119
PACIFIC MUTUAL LIFE INSURANCE COMPANY
SAN FRANCISCO CAR
Statement of for 1899263269
PALATINE INSURANCE COMPANY LIMITED
OF MANCHESTER ENGLAND
Statement of for 1899119121
PENN MUTUAL LIFE INSURANCE COMPANY
PHILADELPHIA PA
Statement of for 1899269273
PENNSYLVANIA FIRE INSURANCE COMPANY
OF PHILADELPHIA PA
Statement of for 1899122124
PHOENIX FIRE INSURANCE COMPANY OF
BROOKLYN N Y
Statement of for 1899126129
PHOENIX FIRE INSURANCE COMPANY OF
HARTFORD CONN
Statement of for 1899129131
PHOENIX MUTUAL LIFE INSURANCE COM
PANY OF HARTFORD CONN
Statement of for 1899274280
PREFERRED ACCIDENT INSURANCE COMPANY
NEW YORK N Y
Statement of for 1899408410
PROVIDENT SAVINGS LIFE ASSURANCE SO
CIETY OF NEW YORK N Y
Statement of for 1899280286
PRUDENTIAL INSURANCE COMPANY OF
AMERICA NEWARK N J
Statement of for 1899 286291
Q
QUEEN FIRE INSURANCE COMPANY OF
AMERICA NEW YORK N Y
Statement of for 1899131ld4454 COMPTROLLERGENERALS REPORT
R
BOCHESTEK GERMAN FIRE INSURANCE COM
PANY OF ROCHESTER N Y
Statement of for 1899 13413G
EOYAL EIEE INSURANCE COMPANY OF LIVER
POOL ENGLANDU S BRANCH
Statement of for 1899136139
EOYAL UNION MUTUAL LIFE INSURANCE COM
CANY DES MOINES IOWA
Statement of for 1899 291296
S
SCOTTISH UNION AND NATIONAL FIEE INSUE
ANCE COMPANY OF EDINBURGH SCOT
LAND
Statement of for 1899139141
SECUEITY MUTUAL LIFE ASSOCIATION BING
HAMPTON N Y
Statement of for 1899 301305
SECUEITY TEUST AND LIFE INSUEANCE COM
PANY OF PHILADELPHIA PA
Statement of for 1899 297301
SOUTHEEN MUTUAL FIRE INSUEANCE COM
PANT OF ATHENS GA
Statement of for 1899142143
SPEINGFIELD FIEE AND MARINE INSUEANCE
COMPANY OF SPEINGFIELD MASS
Statement of for 1899143145
STANDARD LIFE AND ACCIDENT INSURANCE
COMPANY OF DETEOIT MICHIGAN
Statement of for 1899410413
STATE LIFE INSURANCE COMPANY INDIAN
APOLIS IND
Statement of for 1899 399 37
STATE MUTUAL LIFE AND ANNUITY ASSOCIA
TION ROME GA
Statement of for 1899358359
ST PAUL KIRK AND MARINE INSURANCE COM
PANY OF ST PAUL MINN
Statement of for 1899146148COMPTROLLERGENERALS REPORT 455
SUN INSUEANCE OFFICE INSURANCE COM
PANY OF LONDON EXGU S BRANCH
Statement of for 1899149151
SUN LNSUARNCE COMPANY OF NEW ORLEANS
LA
Statement of for 1809 151154
SUN LIFE ASSURANCE COMPANY OF MONTRE
AL CANADA
Statement of for 1899305309
THE UNITED STATES LIFE INSURANCE COM
PANY OF NEW YORK N Y
Statement of for 1899317322
THE UNITED STATES CASUALTY INSURANCE
COMPANY OF NEW YORK N Y
Statement of for 1899418420
THE UNITED STATES FIDELITY AND GUAR
ANTY COMPANY BALTIMORE MD
Statement of for 1899426428
THE UNITED STATES GUARANTEE COMPANY
NEW YORK N Y
Statement of for 1899421423
THAMES AND MERSEY MARINE INSURANCE
COMPANY LIMITED OF LIVERPOOL
EN IA NIU S BRA N I I
Statement of for 1899413415
TRA DEBS FI RE I NSC RANGE OM PANY OF CHI
CAGO ILL
Statement of for 1899154156
TBAVELEES NSUBANCE COMPANY HART
FORD CONN
Statement of for 1899415417
U
U S BENEFICIAL ASSOCIATION OF ATLANTA
GA
Statement of for L899 35
UNION ASSURANCE SOCIETY OF LONDON ENG
LAND
Statement of for 1899156158456 COMPTROLLERGENERALS REPORT
UNION CENTRAL LIFE INSURANCE COMPANY
CINCINNATI O
Statement of for 1899322327
UNION CASUALTY AND SURETY COMPANY ST
LOUIS MO
Statement of for 1899 423426
W
WASHINGTON LIEE INSURANCE COMPANY OF
NEW YORK N Y
Statement of for 1899327331
WESTERN ASSURANCE COMPANY OF TORONTO
CANADA
Statement of for 1899158100
WESTERN MUTUAL LIFE ASSOCIATION CHI
CAGO ILL
Statement of for 1899359361
WESTCHESTER FIRE INSURANCE COMPANY OF
NEW YORK N Y
Statement of for 1899160163
WILLIAMSBURGH CITY FIRE INSURANCE COM
PANY OF BROOKLYN N Y
Statement of for 1899163165
t 1
REPORT
OF THE
Insurance Department
OF THE
ComptrollerGenerals Office
FOR THE
Year Ending October i 1898
REPORT
Comptroller Generals Office
Insurance Department j
Atlanta Oct 1st 1898
To His Excellency W Y Atkinson Governor
Sir In compliance with law I have the honor to submit my
eleventh annual report as Insurance Commissioner
The volume of business of the various classes of insurance com
panies in this State shows a large increase each year since the
creation of the office of Insurance Commissioner It will be ob
served from the statistics of the business of old line or legal reserve
life companies that their profits oa Georgia business have been
quite large but while this is true of life companies the business of
fire companies has not been so uniformly so on account of the
heavy loss ratios which seem to have prevailed so generally during
the period referred to The margin of profits on the Georgia bus
iness of Cooperative or Assessment Life Insurance Companies is
shown to be quite small which must be accounted for in two ways
one is that their rates are too low and their medical examinations
are not sufficiently rigid I desire to again renew my suggestion
made in my last report that all companies doing a life insurance
business on the assessment plan be required to make a reasonable
deposit with our State Treasurer for the protection of their policy
holders
On account of the very low rales at which many of these com
panies write insurance our people are availing themselves of such
insurance and they should be protected as far as possible by some
deposit in the State I have had many complaints made that
claims are not paid promptly by these companies but under
the law I am given no authority over such cases until judgment of
a legal valid claim is refused and then the only remedy is to re
voke the license of the company
I would also recommend that all secret fraternal life insurance
associations doing business in this State be required to file in this
office annually sworn detailed statements of their condition the same2 COMPTROLLERGENERALS REPORT
as is required of insurance companies but exempting them from the
payment of any licenses or taxes of any kind This class of insur
ance too has grown to great proportions in Georgia and many of
our people seek information from this office as to their condition
and standing which I am unable to furnish
Respectfully
Wm A Wright
Insurance Commissioner
COMPTROLLERGENERALS REPORT
The following Fire Life and other Insurance Companies hav
ing complied with the law are authorized to transact business in
the State for the year 1898
FIRE INSURANCE COMPANIES
Agricultural Fire Watertown New York
American Fire New York
jEtna Fire Hartford Conn
Atlanta Home Atlanta Ga
British America 18 Front Street Toronto Canada
Caledonian Fire 27 Pine Street New York
Commercial Union 58 William Street New York
Continental 46 Cedar Street New York
Connecticut Fire Hartford Conn
Delaware Fire Philadelphia Pa
Fire Association of Philadelphia 34 Fifth Street Philadelphia Pa
Firemans Fund San Francisco Cal
Georgia Home Columbus Ga
GermanAmerican 115 Broadway New York
Germania Fire 177 Broadway New York
Glens Falls Fire 149 Glen Street Glens Falls New York
Greenwich Fire 161 Broadway New York
HamburgBremen U S B 62 Cedar Street New York
Hanover Fire 40 Nassau Street New York
Hartford Fire 53 Trumbull Street Hartford Conn
Home 119 Broadway New York
Imperial Fire 31 Pine Street New York
Insurance Company of North America 232 Walnut Street Philadelphia Pa
Lancashire U S B 40 and 42 Pine Street New York
Lion Fire U S B 223 Asylum Street Hartford Conn
Liverpool London and Globe U 8 B 45 William Street New York
London Assurance U S B 88 Wall Street New York Liverpool London
and Globe New York
London and Lancashire U S B 46 Pine Street New York
Magdeburg Fire Germany
Manhattan Fire New York
Manchester Fire 171 La Salle Street Chicago
National Fire Hartford Conn
Niagara New York
Norwich Union 67 Wall Street New York
North British and Mercantile U S B 54 William Street New York
Northern Assurance 25 Pine Street New York
Orient Insurance Company Hartford Conn
Pacific Fire of New York
Palatine U S B 21 Nassau Street New York
Pennsylvania Fire 510 Walnut Street Philadelphia Pa
Phcenix Assurance of England U S B 67 Wall Street New York
Phcenix of New York 16 Court Street Brooklyn New York
Phoenix of Connecticut 64 Pearl Street Hartford Conn
Queen of America 49 Cedar Street New York
Rochester German Rochester N Y
Royal Liverpool England
Southern Fire Atlanta
Scottish Union and National U 8 B 222 Asylum Street Hartford Conn
Southern Mutual Athens Ga
Springfield Fire and Marine Hampden Mass
St Paul Fire and Marine St Paul Minn
Sun Fire of England 15 Washington Street Watertown New York
Sun Mutual New Orleans La
Union Assurance Society London
Western Assurance 22 Wellington Street Toronto Canada
Westchester Fire 27 and 29 Pine Street New York
Williamsburg City Fire 13 Broadwav Brooklyn New York4 COMPTROLLERGENERALS REPORT
LIST OF COMPANIES DOING A FIRE BUSINESS THROUGH BROK
ERS AND WHO MAKE NO DEPOSIT IN THE STATE
Globe Fire New York
Manufacturers Lloyds New York
Merchants Lloyds New York
LIFE INSURANCE COMPANIES
American Union Life New York
Etna Life Hartford Conn
Connecticut Mutual Life Hartford Conn
Equitable Life 120 Broadway New York
Gerrnania Life 20 Nassau Street New York
Home Life 38 Court Street Brooklyn New York
Iowa Life Chicago III
Manhattan Life of New York
Maryland Life 10 South Street Baltimore Md
Massachusetts Mutual Life 413 Main Street Springfield
Metropolitan Life 36 Park Place New York
Michigan Mutual Life Detroit Mich
Mutual Benefit Life 752 Broad Street Newark N J
Mutual Life of New York 32 Nassau Street New York
Mutual Life of Kentucky corner Fifth and Market Streets Louisville Ky
New England Mutual Life Boston
New York Life 346 and 348 Broadway New York
Northwestern Mutual Life corner Broadway and Milwaukee Streets Mil
waukee Wis
Pacific Mutual Life San Francisco Cal
Prudential Life Newark N J
Penn Mutual Life 921 Chestnut Street Philadelphia Pa
Phoenix Mutual Life Hartford Conn
Provident Savings Life 55 Liberty Street New York
Royal Union Mutual Des Moines Iowa
Security Trust Philadelphia Pa
Travelers Life 56 Prospect Street Hartford Conn
United States Life 161 Broadway New York
Union Central Life 243 West Fourth Street Cincinnati Ohio
Washington Life 21 Courtland Street New York
ASSESSMENT LIFE AND ACCIDENT INSURANCE COMPANIES
American Mutual Indemnity Scranton Pa
Atlanta Mutual Life Atlanta Ga
Bankers Guarantee Fund Atlanta Ga
Bankers Life New York
Boston Mutual Life Association Boston Mass
Chicago Guarantee Fund Opera House Block Chicago 111
Connecticut Indemnity Waterbury Conn
Equity Life Association Staunton Va
Fidelity Mutual Life 914 Walnut Street Philadelphia Pa
Georgia Sick and Accident Benefit Atlanta Ga
Guarantee Safety Fund Macon Ga
Hartford Life Insurance Co Hartford Conn
Home Friendly Society 100 West Fayette Street Baltimore Md
Illinois Life Association Chicago 111
Industrial Aid Association Atlanta Ga
Mutual Reserve Fund Life Potter Building New York
National Life Association Hartford Conn
National Mutual Life Minneapolis Minn
New England Mutual Accident 85 Water Street Boston Mass
Northwestern Life Assurance Co Home Insurance Building Chicago
Security Mutual Life Association Binghamton New York
State Life Indianapolis Ind
Traders and Travelers Accident New York
Western Mutual Life Association ChicagoCOMPTROLLERGENERALS REPORT 5
OTHER THAN LIFE OR FIRE
American Surety New York
American Bonding and Trust Company Baltimore Md
American Credit Indemnity New York
Bankers Mutual Casualty Des Moines Iowa
British and Foreign Marine 65 Wall Street New Tork
City Trust Safe and Deposit Philadelphia Pa
Employers Liability Insurance Association 84 and 85 King William Street
London England and 71 Kilby Street Boston Mass
Fidelity and Casualty 214 Broadway New York
Fidelity and Deposit Company Baltimore Md
General Marine Dresden Germany
Guarantee of N A 157 St James Street Montreal Canada
Hartford Steam Boiler 218 Main Street Hartford Conn
Lloyds Plate Glass 68 William Street New York
London Guarantee and Accident 139 La Salle Street Chicago 171
Maryland Casualty Company Baltimore Md
Metropolitan Plate Glass Company 166 Liberty Street New York
National Surety Company Kansas City Mo
Preferred Accident 203 Broadway New York
Standard Life and Accident Detroit Mich
Thames and Mersey Marine 69 Wall Street New York
United States Casualty Company 38 Nassau Street New York
United States Guarantee Oompanv 111 Broadway New York
Union Casualty and Surety 7th and Chestnut Streets St Louis Mo
United States Fidelity and Guaranty Baltimore Md
COMPANIES DOING BUSINESS IN 1897 THAT HAVE WITHDRAWN
Fire
Athens Mutual Fire
Equitable Fire
Georgia Empire Mutual Fire
Georgia Mutual Fire Gainesville
Girard Fire
Grange Mutual Fire
Mechanics Mutual Atlanta
Mutual Fire New York
Mutual Fire of Atlanta
Underwriters Mutual Fire
Assessment
Atlanta Accident
Bankers and Merchants Life Chicago
Bankers Alliance Los Angeles
Bay State Beneficiary Westfleld Mass
Covenant Mutual Galesburg 111
Massachusetts Benefit Association Boston
Merchants Life Association St Louis
National Accident Society New York
Other Than Life or Fire
Guarantors Philadelphia
Guarantors Finance
InterStite Casualty
Mercantile Credit Guarantee
Ocean Accident
Old Line Life
Covenant Mutual Life St Louis
Kansas Mutual Life Topeka
Life Insurance Clearing St Paul
Nederland Life AmsterdamCOMPTROLLERGENERALS REPORT
LIST OF
Insurance Agents
WHO HAVE PAID THE
OCCUPATION TAX FOR THE YEAR i8g8
From January 1st to October 1st of said Year
Anderson J T
Benedict J A
Oamak J W Co
Griffith W D
Harris B Y
Allen J V H Co
Barrett W H
Burke J A
Bush J A
Carswell M A
Cohen J J Co
Costello E J
Anderson A B
Andrews G W
Ansley Bros
Barker Holleman
Bickert C A
Blount M N Co
Black W H
Bowen Carter Tram
mell
Bran Z H
Brown N B
Brown Hoyt
Burbank L I
Burney J A
Camp W A
Carr Miss A C
Crandall G L
Deane W D
Pox Amos
Field Stearns
Gay E S
Abbeville Wilcox Co
Mashburn H
Acworth Cobb Co
Lemon McMillen Co
Athens Clarke Co
Hodgson Geo T Co Lipscomb P A
Jankower M Mallory W A
Johnson L M Newton Bry
Lattimer R C Sibley Geo F
Augusta Richmond Co
Crane W H
Davidson Mathewson
Dunbar Williams
Heard I T
Henry L
McMillen W W
Mulherin Armstrong
Atlanta Fulton Co
Gay A 0 M
Grasty W C
Hall J T Jr
Hatcher Dunlap
Harris C R Co
Harralson M
Haskell W W
Hoyt Whitney
Jones J A
Jones Crim
Johnson J M
KendrickStokes Boyd
King 0 H
Lashe P P
Lathrop E S
Lathrop E S
Lowe
Mathews 0 S Co
Manry W F Co
McKee H L
North H M
North J A Co
Phinizy F Co
Sibley G T
Symmes Geo A A Sons
Walker J W
Wicker Davis
McCulloch J E
Mclntyre Co Bro
kers
Obear G S
Pattillo W P
Patt illo W F
Peters Thos
Riley J L Co
Reynolds H T
Rosenfeld S A
Rood R V
Russell J S
Skinner Akers
Thornton J R
Thorn C C
Troupe C P
Whitner Cole
Willcox C II
Waldo A L
Wood EComfort D
Gilbert W H
Argo I L
Ansley J A
Brown J E
Cobb W A
Council J M
Bethea J B
Graves J R
COMPTROLLERGENERALS REPORT
Albany Dougherty Co
Greenfield A D Weston B L
Warren R H
Americus Sumter Co
Council C M Greenberry J J Co
Davenport W T Son Wheatley J W Co
Furlow Jones Warren L
Guerry E S White R L
Bainbridge Decatur Co
Harrold J D Son Perry E J
Elder E
Murphey E S
Abrams J B
Burroughs W
B
Crawford C D
Hair WM
Bush M E
Turner J C
Mullins L
Barnesville Pike Co
Murphey T E
Blackshcar Pierce Co
Brantley B D Jr
Blakely Early Co
James D W
Brunswick Glynn Co
Crovatt Whitfield
Harvey H H Co
Boston Thomas Co
Sanders W D
Buena Vista Marion Co
McCall C H
Roberts J W
Buford Gwinnett Co
Pattillo L P
Butler Taylor Co
Hinton R A
Cairo Thomas Co
Wright K P
Calhoun Gordon Co
Starr O N
Camilla Mitchell Co
Twitty Mrs W W
Canton Cherokee Co
Perry B F
Murphey 0 A
Symons W F
Way W J
Stearns H
Wynns S J
Twitty W CCOMPTROLLERGENERALS REPORT
Banning F
Broadnax E B
Brown J B E
Aubrey G H
Jones T R
Adamson J W
Ledbetter L S
Bean Thos S
Blackmar J
Brown J K
Brannon Blackmar
Crawford Moses
Chappell L H
Edge C J
Eakes W J
Griffin T J
Guinn J I
Hood A
Dimmock A E
Bell A Iloyl
Horsley J A
Finn J M
Burch it Herman
Burch M I
Allen J 0
Carrollton Carroll Co
Candler W B
Grow S E
Garrett J H
Cartersville Barlow Co
Milner Milner
Cedarlown Polk Co
Sanders Davis
Haas D
Hill A W
Norris J T
Stubb J S
Clarksville Habersham Co
Oapps T A Erwin Geo P
Columbus Muscogee Co
Goetchius Chappell
Harris B H
Hill J D
Joseph D Co
Kimbell J B
Lott W L
Mclntosh J E
Owsley Huff
Seals T A
Torrance B W
AVoolfolk 0 M
Willcox D F Son
Coniers Rochdale Co
Tilley J P
Cordele Dooly Co
Austin J B
Covington Newton Co
Griffin J J
Lawsho P P
Cochran PuJaski Co
Thompson M
Cuthbert Randolph Co
McDonald G
Ballon Whirfield Co
Pruden W H
Darien Mclntosh Co
Kenan S
Dawson Terrell Co
Lowry M M Co
Bearing HcDvffie Co
Catswell M A
Douglasville Douglas Co
Ward Edwards
Dublin Laurens Co
Overby T II Co
Eastman Dodg Co
Cotter Caldwell
Lester J G
Shepherd T J
Parks J G Co
Eoberson F H
Murrell C B
Eatonton Putnam o
Little W C Weaver J 1 a CoCOMPTROLLERGENERALS REPORT
Hawes S 0
Amos 0 H
McCallister BC
Brown Cobb
Candler T C
Dozier 0 A
Dunlap S C Jr
Norton 00
Banks N O
Oallahan O F
Bailey D J
Douglas Boyd
Drake R H Co
Gray Y S B
Anderson J L
Bozeman F H
Hood 0 J
Alford Thornton
Brazell J W
Ellaville Schley Co
Hudson J M Oo
ElbertonElbert Co
Heard L M Thrower H
Fitzgerald Irwin Co
Harris Cherry
Forsyth Monroe Co
Cates Fletcher
Fort Gaines Chuj Co
McLendon S H 0 L
Fort Valley Houston Co
Brown W E
Gainesville Hull Co
Hunt Candler
Kimbrough E E
Gordon Wilkinson Co
Jones W A
Greenesboro Greene Co
Weaver W M
Grantville Coweta Co
Sewell Nail
Greenville Meriwether Co
Ellis D P
Griffin Spalding
Johnson Murray
Mangham J J
Murphey T E
Nichols J P
Hawkinsville Pulaski Co
Turner Brooks
Peterson R C
Gray Skellie
Palmer B T
AVhelchel B H
Rhea J i
Smith J II
Sorrell A 0
McGriff J P
Parsons B F
Harmony Grove Jackson Co
Little T C
Ilartwell Hart Co
Hodges J H Co
Hogansville Troup Co
Mobley J F
Harlem Columbia Co
Hatcher R R
Irwinton Milkinson Co
Dewell W D
Isabella Vorth Co
Grubbs C E
Ragan T B
Whitfield J J
Satterfield Bros10
COMPTROLLERGENERALS REPORT
Farmer L R
Abraham R P
Brand C H L M
Fort T
Ha Madison Co
Smith J O M
Jackson Butts Co
Jackson Banking Co
Jewells Hancock Co
1 Jewell D A Jr
Mallette Nutt
Billings J W
Bone W H
Brown W W
Budd J S Co
Byington G W
Cabaniss Oallaway
Cabaniss
Clarke O
Cobb Stetson Mallory
Conner G C T U
Curd Walker
Jefferson Jackson Co
Harber Deadwyler Co
Jesup Wayne Co
Littlefleld O F
Kerns Booty Co
Jennings J T
LaGrange Troup Co
Buckley R H Evans W S
Lawrenceville Gwinnett Co
Sudderth D G
LaFayette Walker Co
Wester W C
Lavonia Franklin Co
Cook J A Co
Lexington Oglethorpe Co
Shackelford W A
Lumpkin Stewart Co
Mardre W L pgh G W
Louisville Jefferson Co
Costello E J
Lithonia DeKalb Co
Wesley F F
Macon Bibb Co
Daughtry J G
Gregory W H
Hodges J O
Home E A
Home H
Hurt Co
Lofley S T
Mathews W S
Martin F R
Middlebrooks F G
Murphey T E
Ogden Lanier
Redding W A
Sewell A A
Tinsley A R
Turpin S B Sons
AValker L
West J R
Winship N R
Wise B ACOMPTROLLERGENERALS REPORT
11
Foster Butler
Coryell H G
Bridges H 0
Bell Day
Bland M H
DeVaughn J E
Hill Y
Hill H 0
Clarke Z H
Anderson North
Fisher H C Co
Cooper J F Co
Baura M1
Brantley T M
Alston E L
Manget Manning
Madison Morgan Co
Parker R W Shaw H T
Marshallville Macon Co
Baldwin W P
Marietta Cobb Co
Goldsmith B M
Maysville Jackson Co
Atkins T E
McDonough Henry Co
Dixon J B Lowe Copeland
Milledgevitle Baldwin Co
Carrington Misses C B Hall F A
C S
Conn O M
Monroe Walton Co
Walker B S
Moniezuma Macon Co
Lewis J F Son
McKenzie J W
Monticello Jasper Co
Wellington C E
Morgan Calhoun Co
Bick J I
Moultrie Colquitt Co
Pearsall Shipp
Newnan Coweta Co
Goodrum Lovejoy
Hill A W
Perry Houston Co
Cooper J P
Quitman Brooks Co
Groover Co
Richland Stewart Co
Bell W B
Ringgold Catoosa Co
Bitting N K
Lamar R N
Newell T F
Taylor L H
Shelton J L
Hollinshed J S Co
McKenzie W W
Holtzclaw B C
Troutman C H
DixonR J12
COMPTROLLERGENERALS REPORT
Cheney A D
Cothran Co
Goetchius C B
Gilham Co
Wardlaw Mrs J F
Wimbish W S
Yancey H
Brooks J F
Carpenter D A
Cohen M A Co
Daniel Carswell
Dearing Hull
Elliott A B
Farie A L
FrippW CCo
Guerrard A G Son
Reidsville Tattnall Co
Griffin T W
Rome Floyd Co
Graves R W Co
Holmes C C
McWilliams O H
Sparks Parrish
Royston Franklin Co
McConnell L T
Savannah Chatham Co
Hall Latham
Harrison W G R C
Harty J E
Hopkins W T
Lilian W J
Kraus D
Kolshorne F
Mercer Geo A Sons Wheatonj F Son
Moses C F Co
Myers Holt
Reaves W A
Shell man A L
SchleyJ
Stoddard E S
Sullivan J Co
Walthour A M
Bashinsky Rogers
Harty Holt
Edwards Bros
Sandersville Washington Co
Herman Hymaij
Irwin A J
Roberson S B
Wicker T O Jr
Burnett W II
Lee J B
Daniel Applewhite
Hills EA
Senoia Coweta Co
Pollock J D
Sharon Taliaferro Co
Kendrick W L
Sparta Hancock Co
Walker J D
Springfield Eftingham Co
Saffold T P
Statesboro Bulloch Co
Tart J S Wilson J W
Summerville Chaitooga Co
McArver J A
Sylvania Screven Co
Mathews W L
Sylvester Worth Co
Westberry J II Co
Tallapoosa Haralson Co
Knapp J RCOMPTROLLERGENERALS REPORT
13
Bard well R N R
Burnett E A
Culpepper R
Evans Son
Stansell Merrill
Atwater J R
Carson B
McOrary J A
Schaefer E
Blalock J T
Fryer V K
Lamar C W
Harris Jones
Allen J F
Dyson D R
Knight Youmans
Lea A H
Fulcher W M
Erwin J A
Toole W II
Arline Mayson
Talbotlon Talbot Co
Oarreker N P Smith L W
Thomasville Thomas Co
Mallette Mayes
Parker Jno F
Reese W M
Thomaston TJpson Co
King J S
Tifton Berrien Co
Full wood Murray
Tennille Washington Co
Raines Co
Toccoa Habersham Co
Simpson D J
Traders Hill Charlton Co
Tyler W W
Vuldosta Lovmdes Co
Lang W
Peeples R A Son
Vienna Dooly Co
M E Rushin
Warrenton Warren Co
Brinson J H
Washington Wilkes Co
Turner J R
Waverly Hall Harris Co
Pitts I H Son
Wayeross Ware Co
Lott Murphy
Myers E H
Waynesboro Burke Co
Jones W E
West Point Troup Co
Jackson A O
Winder Jackson Co
Quarterman W H
Wrightsville Johnson Co
Outlaw E A
Zebulon Pike Co
Gwynn C R
Smith E M
Sparks W P
Wolff H
Tyre J L
White J T
Walker P B
Thomas J D
Thomas C 0
Pruith Ohas O
Lanier P14
COMPTROLLERGENERALS REPORT
Special Agents who have Paid the Tax to Canvas the Entire State
Allyn Miss Gertrude
Angier 0
Arnall 0 S
Bagley H C
Brown J E
Butt Hull
Byck M L
Oobb H H
Comfort B M
Fox Thomas Hopkins
Fielder Mower
Fraser Jenkins
Gentry R D Sons
Goldsmith M E
Grady W E
Harper W R Co
Haas Watson
Harty Apple
Hilliard I H
Hyman RL
Horrocks A E
Johnson W AVJ
Ketchum AV H
Leary W M
Lowry T S
Mann Mooty
Nutting Bros
Oberdorfer E
Parker W L
Patterson W H Co
Perdue Egleston
Richardson AV S
Schatz S AV
Terrell AV A
White AV AVCOMPTROLLERGENERALS REPORT
15
iETNA INSURANCE COMPANY HARTFORD CONNECTICUT
ICAPITAL
Whole amount of joint stock or guaranteed capital author
ized 5000000 00
2 Whole amount of capital actually paid up in cash 4000000 00
IIASSETS
1 7alue of real estate owned by the company less the
amount of encumbrances thereon 225000 00
2 Loans on bond and mortgage duly recorded and being first
liens on the fee simple upon which not more than one
years interest is due 36000 00
4 Interest due on all said bond and mortgage loans in
terest accrued thereon 30112 total 301 12
5 Value of the lands mortgaged exclusive of
buildings and perishable improvements 42500 00
6 Value of the buildings mortgaged insured
for 2650000 as collateral 40000 00
7 Total value of said mortgaged premises
carried inside 82500 00
9 Total par and market value of all stocks and bonds owned
absolutely by the company carried out at market value 10416129 70
10 Account of stocks bonds and all other securities except
mortgages hypothecated to the company as collateral
security for cash actually loaned by the company with
the par and market value of the same and the amount
loaned on each
Par Value Market Value
National Bank of Com
merce New York 25
shares of 100 each 2500 00
Mechanics National
Bank New York 25
shares of 100 each 625 00
5250 00
Amt Loaned
Thereon
3600 00
1200 00
11
12
13
Total par and mar
ket value and
amount loaned
thereon 3125 00 6450 00
Cash in companys principal office
Cash belonging to the company deposited in
bank as follows iEtna National Bank
Hartford 478346 Charter Oak National
Bank Hartford 3000000 City Bank
Hartford 7412S58 Connecticut River
Banking Co Hartford 3000000 Far
mers Mechanics National Bank Hart
ford 3000000 First National Bank Hart
ford 30000000 Hartford National Bank
Hartford 3000000 National Exchange
Bank Hartford 5500000 Phoenix Na
tional Bank Hartford 366430 42 State
Bank Hartford 3000000 New York
3600 00
1887 82
3600 00
2c16
COMPTROLLERGENERALS REPORT
Life Trust Co New York 2500000
United States Trust Co New York 54
68276 Merchants National Bank Cincin
nati 767854 Omaha National Bank
Omaha Neb 893733 Bink of Califor
nia San Francisco 628245 Total 782923 54 78481136
Interest due and accrued on stocks not included in mar
ketvalue accruedonspecial deposits 37500 375 00
15 Interest due and accrued on collateral loans 90 00
16 Gross premiums in due course of collection not more than
three months due 622782 80
The gross amount of all the assets of the company 12089089 98
14
Aggregate amount of all the assets of the company
stated at their actual value
IIILIABILITIES
1 Gross claims for adjusted and unpaid losses
due and to become due
2 Gross losses in process of adjustment or in
suspense including all reported and sup
posed losses
3 Losses resisted including interest cost and
other expenses thereon
4 Total gross amount of claims for losses
5 Deduct reinsurance thereon
72348 51
305634 24
452 53 95
423266 70
53670 53
1235955 13
9
120S9089 98
6 Net amount of unpaid lossesM
7 Gross premiums without any deduction re
ceived and receivable upon all unexpired
fire risks running one year or less from
date of policy 247191027 unearned pre
miums fifty per cent
8 Gross premiums without any deduction re
ceived and receivable upon all unexpired
fire risks running more than one year from
dateof policy 335131541 unearned pre
miums pro rata 1734659 44
Gross premiums without any deduction
including both cash and bills received
and receivable upon all unexpired inland
navigation risks 18362991 unearned
premiums fifty per cent 91814 98
11 Total unearned premiums as computed above carried out
12 Amount reclaimable by the insured on perpetual fire in
surance policies baing ninetyfive per cent of the pre
mium or deposit received
20 All other demands against the company absolute and con
tingent due and to become due admitted and contested
viz State city county or other taxes or assessments
commissions brokerage and other charges due
and to become due to agents and brokers on premiums
paid and in course of collection 10538319 Return pre
miums 6322992 Total
369590 17
3062429 55
54737 79
168613 11COMPTROLLERGENERALS REPORT
17
21 Total amount of all liabilities except capital stock
and net surplus 3655370 62
22 Jointstock capital actually paid up in cash 4000000 00
23 Surplus beyond capital and other liabilities 4433719 36
25 Aggregate amount of all liabilities including paidup
capital stock and net surplus 12089089 98
IVRECEIPTS DURING THE YEAR
1 Gross premiums and bills un
paid at close of last year as
shown by incDine 6 of that
years statement
3 Net collected
4 Gross premiums on risks writ
ten and renewed during
vear
From
Fire Risks
509969 16
609969 16
From
Inland Risks
45828 97
45828 97
4406941 15 305861 45
5 Totals 4916910 31
6 Deduct gross premiums and
bills in course of collection
at this date 544174 52
7 Entire premiums collected
during the year 4372735 79
8 Deduct reinsurance rebate
abatement and return pre
miums 776726 27
351690 42
78608 28
273082 14
110520 89
9
10
11
12
13
15
Net cash actually received for
premiums carried out 3596007 52
Received for interest on mortgages
Received for interest and dividends on stocks and bonds
collateral loans and all other sources
Income received from all other sources viz Rents 199971
Deposit premiums less five per cent re
ceived for perpetual fire risks carried in
side 3068 98
162561 253758568 77
1984 83
507850 55
4999 71
Aggregate amount of receipts actually received during
the year in cash 4273403 86
VEXPENDITURES DURING THE YEAR
2
Od
Fire Risks
Gross amount actually paid
for losses including 271
43852 losses occurring in
previous years 1989420 45
Deduct all amounts actually re
ceived for salvages whether
on losses of the last or pre
vious years 1757006 and
all amounts actually re
On
Inland Risks
142785 0518
COMPTROLLERGENERALS REPORT
ceived for reinsurance in
other companies 187993
32 Total deductions
158610 85 46952 53
3 Net amount paid during
the year for losses 1830809 60 95832 521926642 12
4 Cash dividends actually paid stockholders amount of stock
holders dividends declared during the year 720000
6 Paid for commissions or brokerage
7 Paid for salaries fees and all other charges of officers
3939298 clerks 5015864 agents and all other em
ployees 18366503
8 Paid for State National and local taxes in this and other
States
9 All other payments and expenditures viz Interest on
borrowed money general expenses printing ad
vertising postage exchange express charges traveling
expenses etc total
10 Amount of deposit premium returned during
the year on perpetual fire risks 469 00
720000 00
624648 13
273216 65
92379 36
263341 53
Aggregate amount of actual expenditures during the
yearincash 3900227 79
Business in the Slate of Georgia During the Year
8 Fire and inland marine risks taken 5964270 00
9 Premiums received 82448 94
10 Losses paid 41488 53
11 Losses incurred 30670 61
BUSINESS IN GEORGIA FOR YEAR ENDING APRTL 30 1898
Risks
Premiums
Losses
Tax
6839079 00
88812 69
36989 77
888 12
AGRICULTURAL FIRE INSURANCE COMPANY OF WATERTOVVN
NEW YORK
ICAPITAL
1 Whole amount of capital stock 500000 00
2 Amount paid up in cash 500000 00
IIASSETS
1 Market value of real estate owned by the company less
the amount of imcumbrances thereonS 262555 00
2 Loans on bond and mortgage duly recorded and being first
liens on the fee simple 1027549 19
3 Interest due on all said bond and mortgage loans 583835
interest accrued thereon 1712175 total 22960 10
COMPTROLLERGENERALS REPORT 19
4 Value of lands mortgaged exclusive of build
ings and perishable i nprovemen lid mortgag ts 2190165 00
6 Total value of s ed prem
iaoa iiarrioil inairlp 2190185 00
9 Total par and market value of stocks and bonds owned
absolutely by the company carried out at market
330060 00
Collateral Loans
Par Value Market Val Amt Loaned
Real estate mortgages 53464 40 53464 40 43110 50
Chicago Alton R R
4400 00 7150 00 3899 91
First National Bank of
Carthage N Y stock 5000 00 6250 00 5000 00
National Bank of Fayette
ville N Y stock 1450 00 1667 50 769 06
Remington Paper Com
pany stock 14900 00 14900 001
C R Remington Son 7016 45
7000 00 7000 00 J
First Natl Bk of Frank
fort N Y stock 9000 00 11250 00
First Natl Bank of Herk 18000 00
imer N Y stock 9000 00 12150 00
Deeds of real estate in
city of New York 15000 00
Deeds of real estate in 10637 40
city of Buffalo N Y 6500 00
Watertown Steam Engine
9800 00 7350 00 6500 00
Bagley Sewall Co stock 23700 00 23700 00 10000 00
Barber Asphalt Co stock 6000 00 12000 00 I 4000 00 8000 00
Batopilas Mining Co bds 4000 00
Hudson River Pulp Pa
30000 00 30000 00 25000 00
Watertown Natl Bk Wa
tertown N Y stock 1000 00 1850 001 8140 00 j 3650 00
Ontario Paper Co stick 3700 00
Union Carriage and Gear
500 00 500 00 210 00
First Natl Bk of Rich
field Sprgs N Y stck 5000 00 6000 00 5000 00
Intrnatnal Pulp Co stk 1000 00 1100 00 1000 00
N Y Central Hudson 1
River R R stock 1400 00 1492 75
Natl Union Bk Water
town N Y stock 1920 00 3240 00
City Natl Bank Water
town N Y stock 500 00 625 00 10000 00
Watertown Ntl Bk Wa
tertown N Y stock 1000 00 1850 00
C R Reming Son Co
7500 00 7500 00
American Exp Co stock 1500 00 1725 00 J
Brownville Paper Co stk 16900 00 16900 001 5000 00 J 8600 00
Brownville Paper Co bds 5000 00
Willamette Pulp Paper
15 000 00 15000 00 10000 00
Natl Union Bk of Sche
nectady N Y stock 3000 00 3750 00 3000 00
Brockway Sons Co stock 8000 00 10000 00 8000 00
20
COMPTROLLERGENERALS REPORT
Watertown Ntl Bk Wa
tertown N Y stock
National Union Bk Wa
tertown N Y stock
Ontario Paper Co stock
Natl Bk and Loan Co
Watertown N Y stk
Taggarts Paper Co stock
Felts Mill Paper Co stck
Wendler Machine Co bds
Deed of real estate White
Plains N Y
C R Remington Son
Co bond
N Y Central Hudson
River R R stock
Western Union Telegraph
stock
1000 00 1850 00
800 00
10000 00
3000 00
3500 00
5200 00
13000 00
500 00
3400 00
13000 00
1350 00
22000 00
3300 CO
3500 00
5720 00
13000 00
1500 00
500 00
3624 25
11732 50
2750 00
20000 00
2000 00
5000 00
10000 00
1000 00
200 00
13225 00
11 Total par and market
and amt loaned thereon 204034 40 365131 40 249598 22
12 Cash in companys principal office 37655 47
13 Cash belonging to the company deposited in
bank National Union 5092435 Jeffer
son Co National 7075029 National
Bank Loan Co 7500 Watertown Na
tional 987869 Watertown Savings
3000 Total 142053 23
15
16
Total cash items
Interest due and accrued on stocks not included in market
value uncollected
Interest due and accrued on collateral loans and uncol
lected and bank balances
17 Cash in hands of agents and in course of transmission
All other assets both real and personal as per schedule at
tached viz Rents due and accrued 2050 due from
other companies for reinsurance on losses already paid
N British Mer 276 American Fire 276 Royal
275 Rochester German 1671 Merchants 76352
Spring Garden 80314 Associated Mfrs Mutual 2
28407 Eastern 1232 Colonial 1232 Allemania
433 Franklin 486 Eureka 6057 Phoenix Assur
ance 1354 North German 161118 Security 6037
Total assets of the company actual cash market value
IIILIABILITIES
1 Losses due and unpaid
249598 32
2 Gross losses in process of adjustment or in
suspense including all reported and sup
posed losses
3 Losses resisted including interest costs and
other expenses thereon
4 Total gross amount of claims for losses
5 Deduct reinsurance thereon
33838 93
57350 56
19058 00
110247 49
57068 18
179708 80
3084 58
6263 84
200487 13
7705 00
2289971 96
6 Net amount of unpaid losses
83179 31COMPTROLLERGENERALS REPORT
21
7 Gross premiums without any deduction re
ceived and receivable upon all unexpired
fire risks running one year or less irom
date of policy 644804 00
Unearned premiums fifty per cent 322402 00
8 Gross premiums without any deduction re
ceived and receivable upon all unexpired
fire risks running more than one year
from date of policy 1803191 Unearned
premiums pro rata 867614 63
11 Total unearned premiums as computed above carried out
15 Dividends declared and remaining unpaid or uncalled for
19 All other demands against the company absolute and con
tingent due and to become due admitted and contested
viz Commission on premiums in course
of collection 46130 85
Reinsurance 34854 0U
1190016 63
55 00
Total
1984 85
20 Total amount of all liabilities except capital stock scrip
and net surplus
1 Joint stock capital actually paid up in cash
23 Surplus beyond capital and all other liabilities
24 Aggregate amount of all liabilities including capital
paid up and net surplus
IVINCOME DURING THE YEAR
1 Gross premiums and bills in course of col
lection at close of last previous year as On Fire Risks
shown by that years statement 205144 25
2 Deduct amount of same collected 20392 07
1354235 79
500000 00
435736 17
2289971 96
3 Net collected 178752 18
4 Gross premiums on risks written and renew
ed during the year 1504725 25
5 Total 1683477 43
6 Deduct premiums and bills in course of col
lection at this date 200487 13
7 Entire premiums collected during the year 142990 30
8 Deduct reinsurance and return premiums 613276 00
9 Net cash actually received for premiums car
ried out 869714 SO
10 Received for interest on bonds and mortgages
11 Received for interests and dividends on stocks and bonds
collateral loans and from all other sources
12 Income received from all other sources omitting increase
if any in value of securities viz Rents 249550 total
15 Aggregate amount of income actually received during the
year in cash
869714 30
53406 03
35633 85
2495 50
961249 6722
COMPTROLLERGENERALS REPORT
VEXPENDITURES DURING THE YEAH
1 Gross amount actually paid for losses in
cluding 4851177 losses occuring in pre Oil Fire Risks
vious years 608101 88
2 Deduct all amounts actually received for sal
vages whether on losses of the last or of
previous year 567145 and all amounts
actually received for reinsurances in other
companies 11304622 total deductions 118717 67
3 Net amount paid during the year for losses 489384 21 4S9384 21
4 Cash dividends actually paid stockholders amount of stock
holders dividends declared during the year 50000 49945 00
6 Paid for commission or brokerage 168 560 09
7 Paid for salaries fees and other charges of officers clerks
agents and all other employees 109519 57
8 Paid for State national and local taxes in this and other
States 34709 85
9 All other payments and expenditures viz General and
agency expenses postage exchange stationery printing
and maps total 113868 48
Aggregate amount of actual expenditures during the
year in cash 965487 0
AMERICAN FIRE INSURANCE COMPANY OF NEW YORK
ICAPITAL
1 Whole amount of capital stock 400 000 00
2 Amount paid up in cash 400 000 00
11
12
13
IIASSETS
Loans on bond and mortgage duly recorded and being first
liens on the fee simple
Interest due on all said bond and mortgage loans
interest accrued thereon 12084 total
Value of land mortgages exclusive of buildings and per
ishable improvements 21500 00
Value of buildings mortgaged insured for
1450000 as collateral 14 500 00
Amount of other loans 36000 00
Total par and market value of stocks and bonds owned
absolutely by the company carried out at market
value
Total par and market value and amount loaned thereon
Cash in companys principal office 730 84
Cash belonging to the company deposited in bank
of U S Mortgage and Trust Compa
ny N Y 2471 American Exchange Na
tional Bank NY 2887537 Union National
Bank Chicago 463260 total 34263 52
14500 00
120 84
915956 00
35000 00COMPTROLLERGENERALS REPORT
23
Total cash items
15 Interest due and accrued on stocks not included in market
value uncollected
16 Interest due and accrued on collateral loans and uncollected
17 Cash in hands of agents and in course of transmission
All other assets both real and persona viz Due from
other companies for reinsurance on losses already paid
North River 2029 Phoenix Insurance Co return
premiums 8593 total
Total assets of the company actual cash market
value
IIILIABILITIES
1 Losses due and unpaid 31571 54
2 Gross losses in process of adjustment or in sus
pense including all reported and supposed
losses 23490 83
3 Losses resisted including interest costs and
other expenses thereon 4652 00
4 Total gross amount of claims for losses 59714 37
5 Deduct reinsurance thereon 16529 38
7 Gross premiums without any deduction re
ceived and receivable upon all unexpired
fire risks running one year or less from date
of policy
Unearned premiums fifty percent
S Gross premiums without any deduction re
ceived and receivable upon all unexpired
fire risks running more than one year from
date of policy
Unearned premiums pro rata 113365 79
Total unearned premiums as computed above carried out
Cash dividends to stockholders remaining unpaid
All other demands against the company absolute and con
tingent due and to become due admitted and contested
viz Commissions etc 2041734 return premiums
780352 total
Total amount of all liabilities except capital stock scrip
and net surplus
Joint stock capital actually paid up in caeh
Surplus beyond capital and all other liabilities
Aggregate amount of all liabilities including capital paid
up and net surplus
IVINCOME DURING THE YEAE
On Fire Risks
1 Gross premiums and bills in course of collec
tion at close of last previous year as shown
by that years statement 89018 91
3 Net collected 89018
4 Gross premiums on risks written and renewed
during the year
34263 52
5608 33
329 00
119516 22
106 22
1125400 13
443567 38
221783 69
188635 26
11
16
19
20
21
23
24
90
674421 08
43184 99
335149 48
2966 46
28220 86
409521 79
400000 00
315878 34
1125400 13
Total 63439 9824
COMPTROLLERGENERALS REPORT
6 Deduct premiums and bills in course of collec
tion at this date 122504 06
7 Entire premiums collected during the year 640935 92
8 Deduct reinsurance and return premiums 134937 28
9 Net cash actually received for premiums car
ded out 505998 64 505998 64
10 Received for interest on bonds and mortgages 725 00
11 Received for interest and dividends on stocks and bonds
collateral loans and from all other sources 33785 04
15 Aggregate amount of income actually received during the
year in cash 540508 68
VEXPENDITURES DURING THE YEAR
On Fire Risks
1 Gross amount actually paid for losses includ
ing 4797790 losses occurring in previous
years 282548 96
2 Deduct all amounts actually received for sal
vages whether on losses of the last or of
previous year 776996 and all amounts ac
tually received for reinsurances in other
companies 4231302 total deductions 50082 98
3 Net amount paid during the year for losses 232465 98 232465 98
4 Cash dividends actually paid stockholders
amount of stockholders dividends declared
during the year 16000 00
6 Paid for commissions or brokerage
7 Paid for salaries fees and other charges of officers clerks
agents and all other employees
8 Paid for State national and local taxes in this and other
States
9 All other payments and expenditures viz Rent station
ery postage advertising board traveling and sundries
16000 00
89932 47
63248 98
15464 55
48279 04
Aggregate amount of actual expenditures during the
year in cash 465391 02
Business in the Slate of Georgia During the Year
Fire Risks
Fire marine and inland risks written745940 00
Premiums received gross 9968 49
Losses paid 52 55
Losses incurred
L170 45
BUSINESS IN GEORGIA FOR YEAR ENDING APRIL 30 1898
Risks973824 00
Premiums 13098 17
Losses 1759 48
Tax 130 98COMPTROLLERGENERALS REPORT
25
ATLANTA HOME FIRE INSURANCE CO ATLANTA GA
ICAPITAL
1 Whole amount of capital stock
2 Amount paid up in cash
500000 00
500000 00
IIASSETS
1 Market value of real estate owned by the company less
the amount of incumbrances thereon
2 Loans on bond and mortgage duly recorded and being first
liens on the fee simple
3 Interest due on all said bond and mortgage loans 434829
interest accrued thereon 1139294 total
4 Value of lands mortgaged exclusive of buildings and per
ishable improvements 521000 00
5 Value of buildings mortgaged insured for
20327500 as collateral 216900 00
500000 00
79230 32
337993 73
15741 23
i
10
Total value of said mortgaged premi
ses carried inside 737900 00
Amount of stocks and bonds owned absolutely by the com
pany
Total par and market value
carried out at market value 209330 00 224042 50
Amount of stocks bonds and all other securities except
mortgages hypothecated to the company as collateral
security for cash actually loaned by the company with
the par and market value of the same and the amount
loaned on each
Total Total
Par Value Market Val
11 Total par and market val
ue and amount loaned
thereon 109850 00 124277 50 61915 00
12 Cash in companys principal office 659 05
13 Cash belonging to the company deposited in
bank Lowry Banking Co 5009 00
Central National bank N Y 425 28
Amount
Loaned
Thereon
Total 6093 33
15 Interest due and accrued on stocks not included in market
value uncollected
16 Interest due and accrued on collateral loans and uncollectd
17 Cash in hands of agents and in course of transmission
Gross as in policies 28484 34
Less corns and cost of coln etc 5696 87
Agents debit balances
Office furniture and fixtures
Total assets of the company actual cash market value
285957 50
6093 33
1084 03 1731 68
22787 47 4807 74 4267 49
759694 52
26
COMPTROLLERGENERALS REPORT
IIILIABILITIES
1 Losses adjusted and not due 969 34
2 Gross losses in process of adjustment or in
suspense including all reported and sup
posed losses 12782 42
3 Losses resisted including interest cost and
other expenses thereon 2500 00
4 Total gross amount of claims for losses 16251 76
6 Net amount of unpaid losses 16251 76
7 Gross premiums without any deduction re
ceived and receivable upon all unexpired
fire risks running one year or less from
date of policy 99670 69
Unearned premiums fifty per cent 49835 34
8 Gross premiums without any deduction re
ceived and receivable upon all unexpired
fire risks running more than one year from
date of policy 83229 84
Unearned premiums pro rata 43014 15
11 Total unearned premiums as computed above carried out 92879 49
20 Total amount of all liabilities except capital stock scrip
and net surplus 109131 25
21 Joint stock capital actually paid up in cash 500000 00
23 Surplus beyond capital and all other liabilities 150563 27
24 Aggregate amount of all liabilities including capital paid
up and net surplus 759694 52
IVINCOME DURING THE YEAR
1 Gross premiums and bills in course of col On Fira Risks
lection at close of last previous year as
shown by that years statement 23918 62
2 Net collected 23918 62
4 Gross premiums on risks written and re
newed during the year 163439 17
5 Total 187358 29
6 Deduct premiums and bills i i course of col
lection at this date 28484 34
7 Entire premiums collected during the year 158873 95
8 Deduct reinsurance and return premiums 35561 82
9 Net cash actually received for premiums
carried out 123312 13
10 Received for interest on bonds and mortgages
11 Received for interests and dividends on stocks and bonds
collateral loans and from all other sources
Rents
15 Aggregate amount of income actually received during the
year in cash
123312 13
19716 43
16269 91
4447 16
163745 63COMPTROLLERGENERALS REPORT
27
77552 68
7591 13
69961 55
VEXPENDITURES DURING THE YEAR
1 Gross amount actually paid for losses in On Fire Risks
eluding 862265 losses occurring in pre
vious years
2 Deduct all amounts actually received for sal
vages whether on losses of the last or of
previous year 5780 and all amounts
actually received for reinsurances in
other companies 755333 Total deduc
tions
3 Net amount paid during the year for losses
4 Cash dividends actually paid stockholders
6 Paid for commissions or brokerage
7 Paid for salaries fees and other charges of offices clerks
agents and all other employees
8 Paid for State National and local taxes in this and other
States
9 All other payments and expenditures viz Rent
All other payments and exp
Aggregate amount of actual expenditures during the year
in cash
Business in the Slate of Georgia during the year
Fire Risks
Fire marine and inland risks written 4592623 00
Premiums received gross 68667 97
Losses paid 26768 09
Losses incurred 28796 42
BUSINESS IN GEORGIA FOR YEAR ENDING APRIL 30 1898
Risks
Premiums
Losses
Tax
69961 55
40000 00
24337 88
10845 60
5257 60
1694 16
10928 78
163025 57
4592623 00
68667 97
26768 09
28796 42
4237310 00
67368 15
31288 81
673 68
BRITISH AMERICA ASSURANCE COMPANY OF TORONTO
CANADA
IIASSETS
Account of Bonds of the United States and of this State and of other States and
also of Bonds of incorporated cities in this State and of all other Bonds and
Storks owned absolutely by the company
9 Total par and market value carried out at market
value 995803
13 Cash belonging to the company deposited in bankCana
dian Bank of Commerce New York 41652 69
15 Interest due and accrued on stocks not included in market
value uncollected 14627 59
17 Cash in hands of agents and in course of transmission 204108 14
is Bills receivable not matured taken for fire marine and
inland risks u16 Jl
Total assets of the company actual cash market
value W315 3S28
COMPTROLLERGENERALS REPORT
10
U
19
20
23
24
IIILIABILITIES
Losses due and unpaid
Gross losses in process of adjustment or in
suspense including all reported and sup
posed losses
Losses resisted including interest costs and
other expenses thereon
Total gross amount of claims for lossesT
Net amount of unpaid losses
Gross premiums without any deduction re
ceived and receivable upon all unex
pired fire risks running one year or less
from date of policy 68743800 Unearned
premiums fifty per cent
Gross premiums without any deduction re
ceived and receivable upon upon all unex
pired fire risks running more than one
year from date of policy 440513 04 Un
earned premiums pro rata
Gross premiums without any deduction in
cluding both cash and bills received and
receivable upon all unexpired inland navi
gation and marine risks 4021448 Un
earned premiums fifty per cent
Gross premiums without any deduction re
ceived and receivable on all unexpired
marine risks
13278 66
94274 64
10739 45
118292 75
343719 00
229489 06
20107 24
1667 86
Total unearned premiums as computed
above carried out
All other demands against the company ab
solute and contingent due and to become
due admitted and contested viz Com
missions 4170232 return premiums
2704197 reinsurance 139413
Total amount of liabilities except
capital stock scrip and net surplus
Surplus beyond capital and all other liabilities
Aggregate amount of all liabilities in
cluding capital paid up and net sur
plus
RECEIPTS DURING THE YEAR
118292 75
594984 06
70138 42
783415 23
484900 10
1268315 33
On Fire Risks
Gross premiums and bills un
paid at close of last year as
shown by income 6 of that
years statement
Net collected
Gross premiums on risks writ
ten and renewed during the
year 11542
On Marine and
Inland Risks
Total 1333287 85
179012 38 19782 04
179012 30 19782 04
5 47 205590 35
225372 39COMPTROLLERGENERALS REPORT
29
6 Deduct gross premiums and
bills in course of collection
at this date
197039 85
1919 20
Entire premiums collected
during the year 1136248 00 206180 19
Deduct reinsurance rebate
abatement and return pre
miums 253869 63 47488 54
9
Net cash actually re
ceived for premiums car
ried out 882378 37 158691 65 1041070 03
11 Received for interest and dividends on stocks and bonds
collateral loans and from all other sources 34561 41
Aggregate amount of receipts actually received dur
ing the year in cash 1075631 43
DISBURSEMENTS DURING THE YEAR
On Fire Risks
On Marine and
Inland Risks
Gross amount actually paid
for losses including 109
140 05 losses occurring in
previous years
Deduct all amounts actually re
ceived for salvages whether
on losses of the last or pre
vious years 1405515 and
all amounts actually re
ceived for reinsurance in
other companies 2234367
Total deductions
500679 22 138396 98
13774 85
22023 97
3 Net amount paid during the
year for losses 586904 37 115683 01
6 Paid for commission or brokerage
7 Paid for salaries fees and all other charges of officers
clerks agents and all other employees
8 Paid for State and local taxes in this and other States
9 All other payments and expenditures viz board express
fire patrol printing stationery advertising etc
11 American branches of foreign companies
will please report amount sent to home
office during the year 96457 81
Aggregate amount of actual disbursements during
the year in cash
Business in the State of Georgia during the year
Fire Risks
Fire marine and inland risks written 1393283 00
Premiums received gross 22677 53
Losses paid 12478 22
Losses incurred 14033 02
602587 38
194284 06
41193 66
29 732 13
72390 21
940187 44
Aggregate
1393283 00
22677 53
12478 22
14033 0230 COMPTROLLERGENERALS REPORT
BUSINESS IN GEORGIA FOR YEAR ENDING APRIL 30 1898
Risks
Premiums
Losses
Tax
1550423 00
21114 55
14091 08
211 14
CALEDONIAN FIRE INSURANCE COMPANY OF EDINBURGH
SCOTLANDTHE UNITED STATES BRANCH
ICAPITAL
1 Whole Amount of capital stock
2 Amount paid up in cash
12
13
15
IIASSETS
Amount stocks and bonds owned absolutely by the company
Cash in companys principal office 1979 53
Cash belonging to the company deposited in
the American Exchange National Bank of
New York trustees account 2324748
managers account 6290027 Bank of
British North America San Francisco
Cal 643970 Total 92587 45
Interest due and accrued on stocks not included in market
value uncollected
17 Cash in hands of agents and in course of transmission
18 Bills receivable not matured taken for fire marine and
inland risks
Due from other companies for reinsurance on losses
already paid
Total assets of the company actual cash market
value
IIILIABILITIES
1 Losses due and unpaid 109 732 35
2 Gross losses iu process of adjustment or in
suspense including all reported and sup
posed losses 54243 oo
3 Losses resisted including interest costs and
other expenses thereon 18 256 66
5000000 00
537500 00
1931533 00
94566 98
23734 13
161500 94
404 05
538 88
2212278 23
4 Total gross amount of claims for losses
5 Deduct reinsurance thereon
182232 111
7167 01
6 Net amount of unpaid losses
7 Gross premiums without any deduction re
ceived and receivable upon all unexpired
fire risks running one year or less from
date of policy 100505115 unearned pre
miums fifty per cent 502525 58
175065 00COMPTROLLERGENERALS REPORT 31
3 Gross premiums without any deduction re
ceived and receivable upon all unexpired
fire risks running more than one year from
date of policy 89672487 unearned pre
miums 442707 46
11 Total unearned premiums as computed above carried out 945233 04
19 All other demands against the company absolute and con
tingent due and to become due admitted and contested
viz Commissions and brokerage 2949583 reinsur
ance 1732322 contingent liability 1000000 all other
demands 240237 Total 59221 42
20 Total amount of all liabilities except capital stock
scrip and net surplus 1179519 46
23 Surplus beyond capital and all other liabilities 1032758 77
24 Aggregate amount of all liabilities including capital
paid up and net surplus 2212278 23
IVINCOME DURING THE YEAR
On Fire Risks
1 Gross premiums and bills in course of col
lection at close of last previous year as
shown by that years statement 165751 S2
3 Net collected 165751 82
4 Gross premiums on risks written and re
newed during the year 1688873 41
5 Total 1854625 23
6 Deduct premiums and bills in course of col
lection at this date 167138 17
7 Entire premiums collected during the year 1687487 06
8 Deduct reinsurance and return premiums 356456 81
9 Net cash actually received for premiums
carriedout 1331030 25 1331030 25
11 Received for interests and dividends on stocks and bonds
collateral loans and from all other sources 71502 52
15 Aggregate amount of income actually received during
the year in cash 1402 532 77
VEXPENDITURES DURING THE YEAR
On Fire Risks
1 Gross amount actually paid for losses includ
ing losses occurring in previous years 745757 31
2 Deduct all amounts actually received for
salvages whether on losses of the last or
of previous year and all amounts
actually received for reinsurances in other
companies Total deductions 46734 87
3c32 COMPTROLLERGENERALS REPORT
3 Net amount paid during the year for
losses 599022 44 699022 44
6 Paid for commissions or brokerage 270742 54
7 Paid for salaries fees and other charges of officers clerks
agents and all other employees 87614 35
8 Paid for state national and local taxes in this and other
states 37911 83
9 All other payments and expenditures viz Rent travel
ling stationery printing advertising legal and all other
expenses 70009 48
10 Sent to home offices during the year 122100 83
Aggregate amount of actual expenditures during the
year in cash 1165300 64
Business in State of Georgia for the Year
Fire marine and inland risks 1159269 00
Premiums received 19522 93
Losses paid 11980 89
Losses incurred 10571 03
BUSINESS IN GEORGIA FOR YEAR ENDING APRIL 30 1898
Risks
Premiums
Losses
Tax
1224447 00
19716 01
15769 00
197 16
THE COMMERCIAL UNION ASSURANCE COMPANY LTD OF
LONDON ENGLAND
1 Market value of real estate owned by the company less
the amount of incumhrances thereon 88S148 69
2 Loans on bond and mortgage duly recorded and being first
liens on the fee simple 24000 00
3 Interest due on all said bond and mortgage loans in
terest accrued thereon 18000 total 180 00
4 Value of lands mortgaged exclusive of build
ings and perishable improvements 15000 00
5 Value of buildings mortgaged insured for
S as collateral 22000 00
6 Total value of said mortgaged premises
carried inside 37000 00
Total par and market value of stocks and bonds owned
absolutely by the company 1832345 00
11 Total par and market value and amount loaned thereon 2744673 69
12 Cash in companys principal olhce 406 62
13 Cash belonging to the company deposited in
bank as follows New York Life Insurance
and Trust Co 28790565 National Bank
of Commerce New York 14503406 Phe
nix National New York 481557 Colorado
National Denver 886946 AngloCaliforCOMPTROLLERGENERALS REPORT
33
man San Francisco 4149109 American
Exchange National Bank N Y 762175
First National Bank Milwaukee 336001
Total 499097 59
Total cash items 499564 21
115 Interest due and accrued on stocks not included in market
value uncollected 3949 97
Gross premiums in course of collection within three months 398296 58
18 Bills receivable not matured taken for fire marine and in
land risks 1375 00
All other assets both real and personal viz rents due and
accrued 596453 due from other companies for re
insurance on losses already paid name companies
561272 Law Union and Crown 2084 Scottish Alli
ance 2084 Commercial of Scotland S1667 American
New York 3145 North Western National 9797 Com
mercial Union of New York 6389 Pacific 13c Man
chester 52c Imperial 52c British and Foreign Ma
rine 8178510 Indemnity Mutual 178510 Security
ct 178979 11577 25
Total assets of the company actual cash market value 3679436 70
IIILIABILITIES
1 Losses due and unpaid
2 Gross losses in process of adjustment or in suspense in
cluding all reported and supposed losses
8 Losses resisted including interest costs and other expenses
thereon
Total gross amount of claims for losses
Deduct reinsurance thereon
6 Net amount of unpaid losses
7 Gross premiums without any deduction re
ceived and receivable upon all unexpired fire
risks running one year or less from date of
policy
1774012 15
84406 32
101597 00
19275 00
205278 32
5494 Oo
199784 32
Unearned premiums fifty per cent 8S7000 08
8 Gross premiums without any deduction re
ceived and receivable upon all unexpired fire
risks running more than one year from date
of policy 185422384 unearned premiums
prorata 94288S 52
9 Gross premiums without any deduction in
cluding both cash and bills receivable upon
all unexpired inland navigation and marine
risks 58842 unearned premiums fifty per
cent 294 21
11 Total unearned premiums as computed above carried out
12 Net premiums reserved and all other liabilities except cap
ital under the life insurance or any other special depart
ment reclaimable under perpetual policies 90 per cent
1829188 81
87740 3734
COMPTROLLERGENERALS REPORT
19
All other demands against the company absolute and con
tingent due and to become due admitted and contested
viz Commissioners etc 5113957 return premiums
1509376 other items 958330
75816 63
23
24
Total 2192530 13
Surplus beyond capital and all other liabilities 1486906 57
Aggregate amount of all liabilities including capital paid
up and net surplus 3679436 70
7
8
9
11
12
IVINCOME DURING THE YEAR
Bire Risks
Gross premiums and bills in course
of collection at close of last pre
vious year as shown by that
years statement 360218 23
Net collected 360218 23
Gross premiums on risks written
and renewed during the year 2863183 56
Marine and
Inland Bisks
1271 29
1271 29
57074 02
Total3223401 79
Deduct prems and bills in course
of collection at this date 397732 06
Entire premiums collected during
the year 2S25669 73
Deduct reinsurance and return
nremiums 562535 18
58345 31
3500 00
54845 31
22623 08
2295356 78
72089 22
32726 65
Net cash actually received for pre
miums carried out 2263134 55 32222 23
Received for interest and dividends on stocks and bonds
collateral loans and from all other sources
Income received from all other sources omitting increase
if any in value ofsecurities viz rents 3272605 total
15 Aggregate amount of income actually received during the
year in cash 2400172 65
VEXPENDITURES DURING THE YEAR
Marine and
Fire Risks Inland Risks
1 Gross amount actually paid for
losses including 17127326
losses occurring in previous yearl141265 11 97849 81
2 Deduct all amounts actually re
ceived for salvages whether on
losses of the last or of previous
year 2000018 and all amts
actually received for reinsu
rance in other companies 39
03405 total deductions 26195 79 83480 04
3 Net amount paid during the year
for losses 1115069 32 64410 Ti
6 Paid for commissions or brokerage
1179480 09
426741 47COMPTROLLERGENERALS REPORT 35
7 Paid for salaries fees and other charges of officers clerks
agents and all other employees 147770 Oo
8 Paid for State national and local taxes in this and other
States 64734 50
9All other payments and expenditures viz National local
boards rents printing stationery advertising subscrip
tions postage telegrams expressage office ex maps
exchange agency ex funiture and legal total 133433 07
10 Sent to home offices during the year 193521 28
Aggregate amount of actual expenditures during the
year in cash 1952359 IS
Business in the State of Georgia Daring the Year
Fire Risks Aggregate
Fire marine and inland risks written 3660241 00 3660241 00
Premiums received gross 61041 18 61041 18
Losses paid 33167 74 33167 74
Losses incurred 3611141 3611141
BUSINESS IN GEORGIA FOE YEAE KND1NG APKIL 30 1898
Risks 4026653 00
Premiums 64435 39
Losses 38927 70
Tax 644 35
THE CONTINENTAL INSURANCE COMPANY OF NEW YORK
ICAPITAL
1 Whole amount of capital actually paid up in cash
1000000 00
IIASSETS
1 Value of real estate owned by the company less the
amount of incumbrances thereon 1106
2 Loan on bond and mortgage duly recorded and being first
liens on the fee simple upon which not more than one
years interest is due
4 Interest due on all bond and mortgage loans in
terest accrued thereon 181625 total
5 Value of lands mortgaged exclusive of build
ings and perishable improvements 120650 00
6 Value of the buildings mortgaged insured
for 11437500 as collateral 125450 00
7 Total value of said mortgaged premiums
carried inside 246100 00
85
250 00
860 00
816 25
and of
incor
owned
8 Account of stocks bonds and treasury notes of the United States
this State and of other States and also of stocks and bonds of
porated cities in this State and of all other stocks and bonds
absolutely by the company
9 Total par and market value carried out at market
value 0534321 0036
COMPTROLLERGENERALS REPORT
12 Cash in the companys principal office 3868S 54
13 Cash belonging to the company deposited in
First National Bank N Y 14029105
National Union Bank N Y 528346
Mechanics National Bank N Y 63917
Central Trust Co N Y 295000 First
National Bank Brooklyn N Y 264061
Brooklyn Trust Co Brooklyn N Y 4
20630 Franklin Trust Co Brooklyn N
Y 464041 First National Bank Chi
cago Ills 2344524 U S Mortgage
Trust Co N Y 134101 Union Dime
Savings Institution 309602 188583 87
14 Interest due and accrued on stocks and bonds not included
in market value
15 Interest due and accrued on collateral loans bank bal
ances etc
16 Gross premiums in course of collection not more than three
months due
17 Bills receivable not matured taken tor fire tornado
marine and inland risks
18 All other property belonging to the company viz Rents
due and accrued 123084 total
227272 41
66SS1 03
210 54
44815S 76
110296 8S
1230 S4
Gross amount of all the assets of the company 8582207 6S
Aggregate amount of all assets of the company
stated at their actual value S582207 68
TO BE ANSWERED BY COMPANIES DOING AN INSTALLMENT BUSINESS
1 What amount of installment notes is owned
and now held by the company 1470266 69
NoteCompanies acting under ivhat is known as the Surplus Law
law N 1 Sections 130 181 132 are required to State
1 The amount of special reserve fund ac
cording to said law deposited with the in
surance department of the State of N Y 600000 00
2 The amount of guaranty surplus fund as
provided for by said law 600000 00
insurance
IIILIABILITIES
2 Gross losses in process of adjustment or in
suspense including all reported and sup
posed losses
3 IiOsses resisted including interest costs and
other expenses thereon
4 Total gross amount of claims for losses
5 Deduct reinsurance thereon
2983S6 63
35275 00
333661 63
17075 89
6 Net amount of unpaid losses 316 ogg 74COMPTROLLERGENERALS REPORT
37
11
15
16
17
18
19
20
Gross premiums received and receivable
upon all unexpired fire and tornado risks
running one year or less from date of
policy including interest premiums on
perpetual fire risks 228466302 unearned
premiums fifty per cent 1142331 51
Gross premiums received and receivabl e upon
all unexpired fire and tornado risks run
ning more than one year from date of
policv 8196821940 unearned premiums
pro rata 2524417 98
Total unearned premiums as computed above carried out
Principal unpaid on scrip or certificates of profit which
have been authorized or ordered to be redeemed
Interest due and declared remaining unpaid or uncalled for
Cash dividends to stockholders remaining unpaid
Due and accrued for salaries rent advertising and for
agency and other miscellaneous expenses
Reserved for contingencies
All other demands against the company absolute and con
tingent due and to become due admitted and contested
including commissions and brokerage
3666749 49
28725 00
6091 68
1800 00
15000 00
300000 00
129260 29
22
23
25
Total amount of all liabilities except capital stock and
net surplus 4464212 20
Joint stock capital actually paid up in cash 1000000 00
Surplus amount carried to guarnty surplus fund 600
00000 amount carried to special reserve fund 600
00000 uncancelled surplus 191799548 3117995 48
Aggregate amount of all liabilities including paid up
capital stock and net surplus 8582207 68
TO HE ANSWERED BY COMPANIES DOING AN INSTALLMENT BUSINESS
Amount of unearned premiums represented
by installment notes being the whole
amount of such notes 1470266 69
IVINCOME DURING THE YEAR
From Fire and Tor
nado Risks
Gross premiums and bills in course of collec
tion at close of last previ ous year as shown
by that years statement 498711 25
Deduct amount of same not collected 3225 30
495485 95
Net collected
Gross premiums on risks written and re
newed during the year 4150221 02
Total 4645706 97
Deduct premiums and bills in course of col
lection at this date 558455 61
Entire premiums collected during the year 4087251 36
Deduct reinsurance and return premiums 439166 23
Net cash actually received for premiums carried out 3648085 13COMPTROLLERGENERALS REPORT
10 Received for interest on bonds and mortgages
11 Received for interest and dividends on stocks and bonds
collateral loans and from all other sources
12 Income received from all other sources viz Rents
52386189 Total
15
5678 83
2S7326 59
23861 89
Aggregate amount of income actually received during
the year in cash 3961952 44
VEXPENDITURES DURING THE VEAR
On Fire snii Tor
nado Risks
Gross amount actually paid for
losses including 292
98218 losses occurring in
previous years 6S3211 57
Deduct all amounts actually
received for salvages
whether on losses of the
last or of previous years
998635 and all amounts
actually received for rein
surances in other companies
1431196 total deductions 2429S 31
On Mar no and
Inland Risks
55728 21
3 Net amount paid during
the year for losses 1658913 2 55728 21
4 Cash dividends actually paid stockholders amount of stock
holders dividends declared during the year 200000
5 Scrip or certificates of profits redeemed in cash and inter
est paid to scripholders
6 Paid for commissions or brokerage
7 Paid for salaries fees and all other charges of officers
clerks agents and all other employees
8 Paid for State national and local taxes in this and other
States
9 All other payments and expenditures viz Stationery
printing advertising postage express traveling ex
penses hotel fares national and local boards rents
maps supplies etc
Aggregate amount of actual expenditures during the
vear in cash
1714641 47
19S800 00
99 68
740250 06
325594 37
70128 03
213503 65
Business in the Stale of Georgia during the year
3263023 26
Fire and Tornado Risks
i i ire marine and inland risks taken 3 806 C8 00
8 Premiums received 53946 6
9 Losses paid V V 3531 09
10 Losses incurred 0 E
oO 9oi 15
BUSINESS IN GEORGIA FOR YEAR ENDING APRIL 30 1898
Risks
Premiums
Losses
Tax
4632859 00
66566 16
40764 68
665 66COMPTROLLERGENERALS REPORT 39
CONNECTICUT FIRE INSURANCE COMPANY HARTFORD CONNEC
TICUT
ICAPITAL STOCK
1 Amount of capital stock authorized 1000
00000 subscribed for 1000000 00
2 Amount of capital paid up in cash 1000000 00
a Amount of net ledger assets Decem
ber 31 of previous year 3171487 09
Extended at 3171487 09
ITINCOME DUKIXfi YEAR
As shown by the books at home office at close of business December 31
Fire
1 Gross premiums and bills unpaid at close of
previous year as shown by that yeais
statement 219478 05
2 Deduct amount of same not collected 7326 81
3 Net collected 21215124
4 Gross premiums written and renewed during
the year 1913533 42
5 Total 2125684 66
6 Deduct gross premiums and bills excluding
return premiums and reinsurance in
course of collection at this date 223281 45
7 Entire premiums collected during the
year 1902403 21
8 Deduct reinsurance rebate abatement and
return premiums 239300 78
1663102 43
9 Received for premiums entered on ledger 1674232 64
12 Interest on real estate mortgage loans
5051041 on other collateral loans 68805 51198 46
13 Interests and dividends on stocks and bonds
and from all other sources 89360 36
Total rents and interest 140558 82
Total income during the year 1814791 46
Total footings 4986278 55
IIIDISBURSEMENTS DURING YEAR
As shown by the books at home office at close of business December 31
1 Gross amount paid for losses including
til754388 occurring in previous years 831584 29
2 Deduct amounts received for salvages on
losses of the last or of previous years
732796 and from reinsurance in other
companies 2147024 28798 20
3 Net amount paid during the year for losses 802786 09 802786 0940
COMPTROLLERGENERALS REPORT
5 Paid stockholders for interest or dividends amount declared
during the year 10000000 100000 00
7 Commissions or brokerage to agents less received on re
insurances 305790 43
9 Rents includingS for companys use of own buildings
less from subleases 7917 23
10 Salaries fees and all other charges officers clerks and
other employes 134760 76
12 Insurance department fees agents licenses municipal
licenses and tax on premiums 41991 30
13 Advertising printing stationery legal and miscellaneous
expenses repairs and expenses on real estate deducted
from gross rentals hence not included here 117622 34
14 Net loss on sales or maturity of ledger assets 2371673
charged off to profit and loss 3824727 61964 00
Total expenditures during the year
Balance
1572832 15
3413446 40
IV LEDGER ASSETS
As per ledger accounts shoivn by the books of home office at close of business
December 31
a Book value real estate unincumbered
20932500 incumbered 209325 00
Mortgage loans on real estate first liens
109065900 other than first 1090659 00
Loans secured by pledge of bonds stocks or
other collaterals 2000 00
a Book value of bonds excluding interest
140254425 and stocks 49533097 1897875 22
Cash in companys office 64504 deposited
in bank 12766069 National Exchange
Bank Hartford 811378351 Continental
National Bank Chicago 1288815 Anglo
California Bank San Francisco S98700 128305 73
Bills receivable 212575 agents debit bal
ances net 8315570 85281 45
14
15
16
17
Deduct ledger liabilities Total 3413446 40
Total net ledger assets
Nonledger Assets
Market value not including interest of bonds and stocks
over book value
Gross premiums excluding return premiums
and reinsurance in course of collection
December 31 not more than three months
due
Deduct cost of collection commission brok
erage and all other expenses
3413446 40
678S0 78
138000 00
60000 00
Net amount of uncollected premiums not
more than three months due
Gross assets
78000 00
3559327 18
Total admitted assets
559327 18COMPTROLLERGENERALS REPORT
41
VNONLEDGER LIABILITIES
1 Losses adjusted and unpaid due not
yet due 3160726 31607 26
2 Losses in process of adjustment or in sus
pense including all reported and supposed
losses 100773 12
3 Losses resisted not outlawed including in
terest costs and other expenses thereon 16221 81
4 Total amount of claims for losses
5 Deduct reinsurance due or accrued
148602 19
8022 29
6 Net amount of unpaid losses
7 Gross premiums less reinsurance received
and receivable upon all unexpired fire
risks running one year or less from date of
policy including interest premiums on
perpetual fire risks 110547581 un
earned premiums fifty per cent
8 Gross premiums less reinsurance received
and receivable upon all unexpired fire risks
running more than one year from date of
policy 170579354 unearned premiums
pro rata
552737 91
881991 72
140579 90
11
Total unearned premiums as computed 1434729 63
1575309 53
Total amount of all liabilities
23 Jointstock capital actually paid up in cash 1000000 00
25 Divisible surplus 954017 65 1984017 65
Total 3559327 18
Business in the Slate of Georgia during the year
Fire and
Tornado Risks
1086800 00
13802 55
9517 20
8283 88
15 Gross risks written
16 Gross premiums received
17 Losses paid
18 Losses incurred
BUSINESS IX GEORGIA FOR YEAR ENDING ATRIL 30 1898
Risks 104390000
Premiums
Losses
Tax
10190 10
131 19
THE DELAWARE INSURANCE COMPANY OF PHILADELPHIA PA
ICAPITAL
1 Whole amount of capital stock 1000000 00
2 Amount paid up in cash 702875 00
IIASSETS
1 Market value of real estate owned by the company 160000 0042
COMPTROLLERGENERALS REPORT
2 Loans on bond and mortgage duly recorded and being first
liens on the fee simple
3 Interest due on all said bond and mortgage loans In
terest accrued thereon
4 Value of lands mortgaged exclusive of build
ings and perishable improvements 258500 00
5 Value of buildings mortgaged insured for
if 104000 as collateral 133500 00
6 Total value of said mortgaged premises 392000 00
9 Total par and market value of stocks and bonds owned
absolutely by the company carried out at market value
11 Total par and market value of stocks bonds and all other
securities except mortgages and amount loaned thereon
12 Cash in companys principal office 298 44
13 Cash belonging to the company deposited in
bank Bank of N America 3483854
Girard Nat Bank 3384880 Peun Nat
Bank 1646780 First Nat Bank Chi
cago 60S800 Lowry Banking Co At
lanta Ga 974100 Total 100984 14
Total cash items
17 Cash in hands of agents and in course of transmission
18 Bills receivable not matured taken for fire marine and
inland risks
All other assets both real and personal viz Rents due
and accrued 72918 sundry book accounts 284631
premiums on perpetual policies in course of collection
14
131200 00
1932 64
1027511 75
55000 00
101282 58
156212 89
1469 27
4463 63
Total assets of the company actual cash market value 1639172 76
IIILIABILITIES
1 Losses due and unpaid
2 Gross losses in process of adjustment or in
suspense including all reported and sup
posed losses
3 Losses resisted including interest costs and
other expenses thereon
4 Total gross amount of claims for losses
5
0
7
6307 00
683S0 00
8000 00
82687 00
8432 00
Deduct reinsurance thereon
Net amount of unpaid losses 74255 00
Gross premiums without any deduction re
ceived and receivable upon all unexpired
fire risks running one year or less from
date of policy
Unearned premiums fifty per cent
8 Gross premiums without any deduction re
ceived and receivable upon all unexpired
fire risks running more than one year
from date of policy 61603412 Unearned
premiums pro rata
11 Total unearned premiums as computed above carried out 580280 45
16 Cash dividends to stockholders remaining unpaid 97 00
514579 54
2572S9 77
322990 68COMPTROLLERGENERALS REPORT
43
19 All other demands against the company absolute and con
tingent due and to become due admitted and contested
Amount reclaimable by insured on perpetual policies
20 Total amount of all liabilities except capital stock scrip
and net surplus
21 Joint stock capital actually paid up in cash
23 Surplus beyoud capital and all other liabilities
24 Aggregate amount of all liabilities including capital paid
up and net surplus
IVINCOME DURING THE YEAR
1 Gross premiums and bills in course of collec OnFire Risks
tion at close of last previous year as
shown by that years statement 161461 97
3 Net collected 16146197
4 Grcss premiums on risks written and r
newed during the year 936t24 23
5 Total098286 20
6 Deduct premiums and bills in course of col
lection at this date 156212 89
7 Entire premiums collected during the year
8 Deduct reidsurance and return premiums
942073 31
222189 23
9 Net cash actually received for premiums 719884 08
10 Received for interest on bonds and mortgages
11 Received for interests and dividends of stocks and bonds
collateral loans and from all other sources
12 Income received from all other sources omitting increase
if any in value of securities viz Rents 174273 mis
cellaneous 165292 net premiums on perpetual poli
cies 815505 Total
Aggregate amount of income actually received during the
year in cash
V EXPENDITURES DURING THE YEAR
15
404372 51
1 Gross amount actually paid for on Fire Risks
losses including 4802757
losses occurring in previous
years
2 Deduct all amounts actually
received for salvages
whether on losses of the
last or of previous year
530427 and all amounts
actually received for rein
surance in other companies
4534551 total deductions
On Marine and
Inland Risks
2830 57
45345 51
5304 21
Net amount paid during the
year for losses 359027 00
Cash dividends actually paid stockholders amount of
stockholders dividends declared during the year
23189 67
94866 88
772689 00
702875 00
163608 76
163917
76
719884
47491 02
11550 70
778925 80
2533 64 356193
42172 5044 COMPTROLLERGENERALS REPORT
6 Paid for commissions or brokerage 154266 82
7 Paid for salaries fees and other charges of officers clerks
agents and other employees 76 331 59
8 Paid for State National and local taxes in this and other
States 25212 06
9 All other payments and expenditures 64827 71
Aggregate amount of actual expenditures during the year
iQ cash 719304 04
Business in the Stale of Georgia during the Year
Fire Eisks
Fire Marine and Inland risks written 1893049 00
Premiums received 32109 56
Losses paid 18809 43
Losses incurred 20275 10
BUSINESS IN GEORGIA FOE YEAR ENDING APRIL 30 189S
Eisks 1286266 00
Premiums 17932 73
Losses 14602 49
Tax 179 32
THE FIRE ASSOCIATION OF PHILADELPHIA PA
ICAPITAL
1 Whole amount of capital stock 500000 00
2 A mount paid up in cash 500 000 00
11ASSETS
1 Market value of real estate owned by the company less
the amount of incumbrances thereon 276800 00
2 Loans on bond and mortgage duly recorded and being
first liens on the fee simple 2 10S 135 51
3 Interest due on all said bond and mortgage loans2183706
interest accrued thereon 2926860 total 51105 m
4 Value of lands mortgaged exclusive of build
ings and perishable improvements 23335SS 00
5 Value of buildings mortgaged 2901489 00
6 Total value of said mortgage premises
carried inside 5235077 00
9 Total par and market value of stocks and bonds owned
absolutely by the company carried out at market
value 2646113 12
12 Cash in companys principal office 60713 57
13 Cash belonging to the company deposited in
bank Fidelity Trust S D Co 143
73037 Real Estate Trust Co 1036003
Merclnaits Natl Bank 10162280 total 255713 oq
Total cash items 310 403 77
15 Interest due and accrued on stocks not included in market
value uncollected 22 jyg ggCOMPTROLLERGENERALS REPORT
45
16
17
Interest due and accrued on collateral loans and uncollected
Cash in hands of agents and in course of transmission
All other assets both real and personal viz Rents due and
accrued 180150 due from other companies for re
insurance on losses already paid and for salvage 3
29624
Total assets of the company actual cash market value
640 70
623588 33
5098 44
6239334 51
IIILIABILITES
Losses due and unpaid
Gross losses in process of adjustment or in
suspense including all reported and sup
posed losses
Losses resisted including interest costs and
other expenses thereon
Total gross amount of claims for losses
Deduct reinsurance thereon
115668 IS
122425 95
47668 42
285762 54
381S8 27
Net amount of unpaid losses
Gross premiums without any deduction re
ceived and receivable upon all unexpired
fire risks running one year or less from
date of policy
Unearned premiums fifty per cent
Gross premiums without any deduction re
ceived and receivable upon all unexpired
fire risks running more than one year from
date of policy 196197343 unearned
premiums pro rata
247574 27 247574 27
1911335 61
955667 80
1034874 15
11 Total unearned premiums as computed above carried out
Amount reclaimable by the insured on perpetual fire in
surance policies being 90 and 95 per cent of the premi
um record
19 All other demands against the company absolute and con
tingent due and to become due admitted and contested
viz Commission brokerage and other charges due and
to become due to agents and brokers on premiums paid
and in course of collection 11228389 net premiums
6968680 reinsurance 5649287 total
1900541 94
1950807 57
238463 56
20 Total amount of all liabilities except capital stock scrip
and net surplus
21 Joint stock capital actually paid up in cash
23 Surplus beyond capital and all other liabilities
24 Aggregate amount of all liabilities including capital
paid up and net surplus
IVINCOME DURING THE YEAR
1 Gross premiums and bills in course of collec
tion at close of last previous year as On Fire Bisks
shown by that years statement 708206 55
4427387 35
500000 00
1311917 16
6239334 5146
3 Net collected
4 Gross premiums on risks written and renew
ed during the year
COMPTROLLERGENERALS REPORT
703206 55
3394666 92
5 Total 4102873 42
6 Deduct premiums and bills in course of col
lection at this date 623588 33
7 Entire premiums collected during the year
8 Deduct reinsurance and return premiums
9 Net cash actually received fdr premiums
carried out 2652479 65 2652479 65
10 Received for interest on bonds and mortgages 125 074 82
11 Received for interests and dividends on stock and bonds
collateral loans and from all other sources 134 903 96
12 Income received from all other sources omitting increase
if any in value of securities
3479385 14
826805 49
11169 00
15 Aggregate amount of income actually received during
the year in cash
2923627 43
V EXPENDITURES DURING THE YEAR
1 Gross amount actually paid for losses in
cluding 19894841 losses occurring in On Fire Risks
previous years 1470599 19
2 Deduct all amounts actually received for sal
vages whether on losses of the last or of
previous year 758369 and all amounts
actually received for reinsurances in other
companeis 11195S09 total deductions 119541 78
3 Net amount paid during the year for losses 1351057 41 1351057 41
4 Cash dividends actually paid stockholders amount of stock
holders dividends declared during the year
6 Paid for commission or brokerage
7 Paid for salaries fees and other charges of officers clerks
agents and all other employees
8 Paid for State national and local taxes in this and other
States
9 All other payments and expenditures viz Advertising
and printing 305r890 miscellaneous 14632247 total
200 COO 00
580931 73
159739 93
75532 58
176921 37
Aggregate amount of actual expenditures during the
year in cash
2544183 02
Business in the State of Georgia During the Year
Fire marine and inland risks written 2 347 371 00
Premiums received gross 35565 87
Losses paid j0 q g
Losses incurred 12381 22
BUSINESS IN GEORGIA FOR YEAR ENDING APRIL 30 1898
Risks
Premiums
Losses
Tax
2560558 00
35226 36
23586 57
352 26COMPTROLLERGENERALS REPORT
47
FIREMANS FUND FIRE INSURANCE COMPANY OF SAN FRANCISCO
CALIFORNIA
ICAPITAL
1 Whole amount of capital stock 1000000 00
2 Amount paid up in cash 1000000 00
ii
ASSBTg
1 Market value of real estate owned by the company less
the amount of incumbrances thereon
2 Loans on bond and mortgage duly recorded and being
first liens on the fee simple
3 Interest due on all said bond and mortgage loans 676977
interest accrued thereon 255292 total
4 Value of lands mortgaged exclusive of build
ings and perishable improvements 963500 00
5 Value of buildings mortgaged insured for
117500000 as collateral 259000 00
6 Total value of said mortgaged premises
carried inside 1222500 00
9 Total par and market value of stocks and bonds owned ab
solutely by the company carried out at market value
11 Total par and market value of stocks bonds and all other
securities except mortgages and amount loaned thereon
13 Cash in companys offices San Francisco
219393 Chicago 235542 Boston
85973 Macon Ga 52032 5929 40
12 Cash belonging to the company deposited in
bank Bank of California S F 3583985
San Francisco National Bank S F 12
21193 AngloCalifornian Bank limited
S F 3354749 Crocker Woolworth Na
tional Bank S F 5330158 Savings
and Loan Society S F 1000000 San
Francisco Savings Union S F 1500000
Merchants National Bank Chicago 32
84821 Shawmut National Bank Boston
5937203 National Park Bank N Y
9405432 I C Plants Son Banker
Macon Ga 773120 Total 353906 61
Total cash items
15 Interest due and accrued on stocks not included in market
value uncollected
17 Cash in hands of agents and in course of transmission
18 Bills receivable not matured taken for fire marine and
inland risks
All other assets both real and personal viz Rents due
and accrued due from other companies for re
insurance on losses already paid warrants 307545 fire
premium notes 1088854 and open accounts 755577
total
379200 00
463484 85
9322 69
1913480 00
160689 34
359836 01
540 51
396538 27
3368fl 45
21519 76
Total assets of the companyactual cash market value 3 738300 8848
COMPTROLLERGENERALS REPORT
8
10
11
ID
20
21
23
24
3
IIILIABILITIES
Losses due and unpaid 34569 70
Gross losses in process of adjustment or in
suspense including all reported and sup
posed losses 131551 30
Losses resisted including interest costs and
other expenses thereon 7000 00
Total gross amount of claims for losses 173121 00
Deduct reinsurance thereon 37776 29
Net amount of unpaid losses 135344 71 13534J 71
Gross premiums without any deduction re
received and receivable upon allunexpired
fire risks running one year or lets from
date of policy 1020525 47
Unearned premiums fifty per cent 510262 68
Gross premiums without any deduction re
ceived and receivable upon all unexpired
fire risks running more than one year from
date of policy 129164718 unearned
premiums pro rata 637268 12
Gross premiums without any deduction in
cluding both cash and bills received and
receivable upon all unexpired inland navi
gation and time hull risks 5144488
marine risks 102889 76
Gross premiums without any deduction re
ceived and receivable on all unexpired
marine risks 37780 S3
Total unearned premiums as computed above carried out 1 232756 51
All other demands against the company absolute and con
tingent due and to become due admitted and contested
viz Commissions brokerage and other charges due and
to become due to agents and brokers or premiums paid
and in course of collection 5490304 marine bills pay
able 316073 agents credit balances and deposits 30
08616 voluntary reserve to effect cut rates in Cali
fornia 2500000 total 113149 93
Total amount of all liabilities except capital stock scrip
and net surplus 1481251 15
Joint stock capital actually paid up in cash 1000000 00
Surplus beyond capital and all other liabilities 1257049 73
Aggregate amount of all liabilities including capital paid
up and net surplus 3738300 88
IVINCOME DURING THE YEAR
On Fire Risks On Marine and
Inland Risks
Gross premiums and bills in
course of collection at close
of last previous year as
shown by that years state
ment 323234 43 78006 55
Net collected 323234 43 78606 55COMPTROLLERGENERALS REPORT
49
4 Gross premiums on risks writ
ten and renewed during the
year 2050058 39 514678 62
5 Total 2373298 82 593285 17
6 Deduct premiums and bills in
course of collection at this
date 345027 87 85199 85
7 Entire premiums collected
during the year 2028264 95 508085 32
8 Deduct reinsurance and return
premiums 589959 16 99636 70
9 Net cash actually received for
premiums carried out 1438305 79 308448 62
10 Received for interest on bonds and mortgages
11 Received for interests and dividends on stocks and bonds
collateral loans and from all other sources
12 Income received from all other sources
1746754 41
29168 34
111099 41
25107 50
15 Aggregate amount of income actually received during the
year in cash
1912129 66
EXPENDITURES DURING THE YEAR
On Fire Risks
Gross amount actually paid for
losses including 956250
losses occurring in previous
years
Deduct all amounts actually re
ceived for salvages whether
on losses of the last or of pre
vious year 8 105 17 and
all amounts actually re
ceived for reinsurances in
other companies 247
20523 total deductions
Net amount paid during
the year for losses
On Marine and
Inland Risks
802093 79 376490 92
108562 06 146748 34
693531 73 229742 58
4 Cash dividends actually paid stockholders amount of stock
holders dividends declared during the year
6 Paid for commissions or brokerage
7 Paid for salaries fees and other charges of officers clerks
agents and all other employees
8 Paid for Stats national and local taxes in this and other
States
9 All other payments and expenditures
Aggregate amount of actual expenditures during the year
in cash
Business in the State of Georgia during the Year
Fire Risks Aggregate
Fire marine and inland risks
written 2479504 00 2479504 00
Premiums received gross 40112 54 40112 54
Losses paid 19851 74 19851 74
Losses incurred 21826 49 21826 49
923274 31
120000 00
232150 53
209712 05
41294 48
174121 19
1700552 5650
COMPTROLLERGENERALS REPORT
BUSINESS IN GEORGIA FOR YEAR ENDING APRIL 30 1898
Risks 2684346 00
Premiums 42802 26
Losses 20293 60
Tax 428 02
GEORGIA HOME FIRE INSURANCE COMPANY OF COLUMBUS GA
ICAPITAL
1 Whole amount of capital stock 300000 00
2 Amount paid up in cash
IIASSETS
1 Market value of real estate owned by the company less
the amount of incumbrances thereon
2 Loans on bond and mortgage duly recorded and being first
liens on the fee simple
9 Total par and market value of all stocks and bonds owned
absolutely by the company carried out at market value
10 Amount of stocks bonds and all other securities except
mortgages hypothecated to the company as collateral
security for cash actually loaned by the company with
the par and market value of the same and the amount
loaned on each
300000 00
132100 00
169295 31
606647 05
Total
Par Value
Ga Home stock 27000 00
Nat Bank of Cols and N
H Land Co stock 19500 00
Rent notes
Personal security
Total Amount
Market Value Loaned Thereon
45900 00 32000 00
20250 00
2937 51
17714 25
2937 51
22149 50
11
13
L5
17
Total par and market value and amount loaned thereon
Cash belonging to the company deposited in Nat Bank of
Columbus 1243491 Mercantile Nat Bank of New Yoik
3616406 Total cash items
Interest due and accrued on stocks not included in mar
ket value uncollected C Schornburg acet
Cash in hands of agents and in course of transmission
74801 26
48598 97
10000 00
53806 77
Total assets of the company actual cash market value 1110074 94
IIILIABILITIES
Gross losses in process of adjustment or in
suspense including all reported and sup
posed losses
4 Total gross amount of claims of losses
5 Deduct reinsurance thereon
42135 58
42135 58
3393 50
Net amount of unpaid losses
Gross premiums without deduction received
and receivable upon all unexpired fire risks
running one year or less from date of
policy
Unearned premiums fifty per cent
38724 08
188767
94383COMPTROLLERGENERALS REPORT
51
8 Gross premiums without any deduction re
ceived and receivable upon all unexpired
fire risks running more than one year from
date of policy 23329390 unearned pre
miums prorata 122104 79
11 Total unearned premiums as computed above carried out
15 Dividends declared and remaining uncalled for
18 Money on deposit drawing interest at 4 per cent
Total
21 Joint stock capital actually paid up in cash
23 Surplus beyond capital an 1 all other liabilities
24 Aggregate amount of all liabilities including capital paid
up and net surplus 1110074 94
216488 77
3880 50
195137 46
454248 81
300000 00
355826 13
IVINCOME DURING THE YEAR
1 Gross premiums and bills in course of col
lection at close of last previous year as
shown by that years statement
2 Deduct amount of same not collected
3 Net collected
4 Gross premiums on risks written and re
newed during the year
5 Total
6 Deduct premiums and bills in course of col
lection at this date
7 Entire premiums collected during the year
cash notes
8 Deduct reinsurance and return premiums
On Fire Risks
17901 05
2550 43
15350 62
341160 73
356511 35
14825 58
341685 77
77623 26
9 Net cash actually received for premiums carried out
10 Received for interest on bonds and mortgages
11 Received for interests and dividends on stocks and bonds
collateral loans and from all other sources
12 Income received from all other sources omitting increase
if any in value of securities viz Rents
15 Aggregate amount of income actually received during the
year in cash
VEXPENDITURES DURING THE YEAR
On Fire Risks
1 Gross amount actually paid for losses in
cluding 2784811 losses occurring in pre
vious years 192076 22
2 Deduct all amounts actually received for sal
vages whether on losses of the last or of
previous year and all amounts
actually received for reinsurance in other
companies total deductions 23590 18
264062 51
8883 23
29236 59
7024 94
309207 2752 COMPTROLLERGENERALS REPORT
3 Net amount paid during the year for losses 168486 04
4 Cash dividends actually paid stockholders amount of
stockholders dividends declared during the year 36000 00
6 Paid for commissions or brokerage 38007 98
7 Paid for salaries fees and other charges of officers clerks
agents and all other employees 36478 53
8 Paid for State national and local taxes in this and other
States 12828 80
9 All other payments and expenditures 8105 73
Aggregate amount of actual expenditures during the
year in cash 299907 08
BUSINESS IN THE STATE OP GEORGIA DURING THE YEAR
Fire Risks
Fire marine and inland risks written 4991792 00
Premium received gross 65597 57
Losses paid 25 921 28
Losses incurred 25 06 08
Business in Georgia for Year Ending April 30 1898
Risks 4079800 00
Premiums 64167 98
Losses 30123 28
Tax 641 67
THE GERMAN AMERICAN FIRE INSURANCE COMPANY OF NEW
YORK N Y
ICAPITAL
1 Whole amount of capital stock 1000000 00
2 Amount paid up in cash 1000000 00
IIASSETS
1 Market value of real estate owned by the company less the
amount of incumbrances thereon 15000 00
2 Loans on bonds and mortgage 58000 00
3 Interest due on all said bond and mortgage loans in
terest accrued thereon 84489 total 844 89
9 Total par and market value of stocks and bonds owned
absolutely by the company carried out at market value 6969603 00
12 Cash in companys principaloffice 14782 05
13 Cash belonging to the company deposited in
the following banks In National Bank of
Commerce New York 19240275 in Ger
man American Bank of New York 2907325
in Mercantile Trust Company of New York
371263 in National Bank of America Chi
cago 3547415 in Wells Fargo Com
panys Bank San Francisco 578032 in
AngloCalifornia Bank limited San Fran
cisco 490881 total 271351 91
Total cash items 286133 96COMPTROLLERGENERALS REPORT
53
15 Interest due and accrued on stocks not included in mar
ket value uncollected
17 Cash in hands of agents and in course of transmission
10136 17
494981 10
Total assets of the company actual cash market value 7834699 12
IIILIABILITIES
1 Losses due and unpaid 70450 72
Gross losses in process of adjustment or in
suspense including all reported and sup
posed losses 205992 18
3 Losses resisted including interest costs and
other expenses thereon 34502 40
4 Total gross amount of claims for losses 310945 30
5 Deduct reinsurance thereon 8330 87
6
11
17
19
Net amount of unpaid losses
Gross premiums without any deduction re
ceived and receivable upon all unexpired
fire risks running one year or less from date
of policy2155119 68
Unearned premiums fifty per cent 1077559 84
Gross premiums without any deduction received and re
ceivable upon all unexpired fire risks running more than
one year from date of policy 298546590 unearned
premiums pro rata 152412997
Total unearned premiums as computed above carried out
Due and accrued for salaries rent a ivertising and for
agency and other miscellaneous expenses
All other demands against the company absolute and con
tingent due and to become due admitted and contested
viz Commissions brokerage and other charges due
and to become due to agents and brokers on premiums
paid and in course of collection 9595989 return pre
miums 1458396 reinsurance 10780744 total
302614 43
2601689 81
33044 21
20
Total amount of all liabilities except capital stock
scrip and net surplus
21 Joint stock capital actually paid up in cash
23 Surplus beyond capital and all other liabilities
24 Aggregate amount of all liabilities including capital paid
up and net surplus
IVINCOME DURING THE YEAR
On Fire Risks
1 Gross premiums and bills in course of collec
tion at close of last previous year as shown
by that years statement 453060 71
2 Deduct amount of same not collected 5378 84
218351 29
3155699 74
1000000 00
3678999 38
7834699 12
3 Net collected 447681 87
4 Gross premiums on risks written and renewed
during the year 3927062 25
5 Total4374744 1254 COMPTROLLERGENERALS REPORT
6 Deduct premiums and bills in course of collec
tion at this date 494981 10
7 Entire premiums collected during the year 3879763 02
8 Deduct reinsurance and return premiums 1158793 78
9 Net cash actually received for premiums car
ried out2720969 242720969 24
11 Received for interests and dividends on stocks and bonds
collateral loans and from all other sources 278838 41
12 Income received from all other sources omitting increase
if any in value of securities viz Rents 33019 total 330 19
15 Aggregate amount of income actually received during the
yearincash 3000137 84
VEXPENDITURES DURING THE YEAR
On Fire Risks
1 Gross amount actually paid for losses includ
ing 22193734 losses occurring in previous
years 1473974 47
2 Deduct all amounts actually received for sal
vages whether on losses of the last or of
previous year 876021 and all amounts
actually received for reinsurances in other
companies 22590763 total deductions 234667 84
3 Net amount paid during the year for losses 1239306 63 1239306 63
4 Cash dividends actually paid stockholders amount of stock
holders dividends declared during the year 25000000 250000 00
i Paid for commissions or brokerage 456719 68
7 Paid for salaries fees and other charges of officers clerks
agents and all other employees 183277 31
8 Paid for State national and local taxes in this and other
states 83730 68
9 All other payments and expenditures viz Rent station
ery advertising traveling expenses general agents etc 267961 28
Aggregate amount of actual expenditures during the
yearincash 2480995 58
Butiness in the State of Georgia During the Year
Fire marine and inland risks written2314477 00
Premiums received gross 37782 11
Losses paid 1728 87
Losses incurred 13 375 87
BUSINESS IN GEORGIA FOR YEAR ENDING APRIL 30 1898
Risks22502C7 00
Premiums 37 722 14
Losses 18895 36
Tax 377 22COMPTROLLERGENERALS REPORT
55
GERMANIC FIRE INSURANCE COMPANY OF NEW YORK N Y
ICAPITAL
1 Whole amount of capital stock 1000000 00
2 Amount paid up in cash 1000000 00
IIASSETS
1 Market value of real estate owned by the company less the
amount of incumbrances thereon 615000 00
2 Loans on bond and mortgage duly recorded and being first
liens on the fee simple 299100 00
3 Interest due on all said bond and mortgage loans
interest accrued thereon 695625 total 6956 25
4 Value of lands mortgaged exclusive of
buildings and perishable improvements 193500 00
5 Value of buildings mortgaged insured for
28900000 as collateral 326500 00
6 Total value of said mortgaged prem
ises carried inside 520000 00
9 Total par and market value of stocks and bonds owned
absolutelv by the company carried out at market
value 3075475 00
12 Cash in companys principal office 3294 66
13 Cash belonging to the company deposited in
Bank National Park Bank 64298 67
German American Bank 9139 21
First National Bank of Chicago 27800 48
Total cash items
14 Amount of premium notes upon which policies have been
issued
15 Interest due and accrued on stocks not included in market
value uncollecte I
All other assets both real and personal viz Rents due and
accrued S326809 cash in hands of department mana
gers 1641593
Total assets of the company actual cash market value
104533 02
215470 85
2500 00
19684 02
4338719 14
LIABILITIES
1 Losses due and unpaid
2 Gross losses in process of adjustment or in
suspense including all reported and sup
pose losses
3 Losses resisted including interest costs and
other expenses thereon
4 Total gross amount of claims for losses
5 Deduct reinsurance thereon
6 Net amount of unpaid losses
7 Gross premiums without any deduction re
ceived and receivable upon all unexpired
fire riskes running one year or less from
date of policy 760208 81
Unearned premiums fifty per cent 380104 40
20304 39
35007 53
13450 00
68761 92
7508 62
61253 3056 COMPTROLLERGENERALS REPORT
8 Gross premiums without any deduction re
ceived and receivable upon all unexpired
fire risks running more than one year from
date of policy 196239184 unearned
premiums pro rata 1031804 24
11 Total unearned premiums as computed above carried out 1411908 64
18 Amount of interest on mortgage on property 62 William St 1075 00
19 All other demands against the company absolute and con
tingent due and to become due admitted and contested
viz Commissions brokerage and other charges due
and to become due to agents and brokers on premiums
paid and in course of collection total 30748 84
20 Total amount of all liabilities except capital stock serif
and surplus 1504985 78
21 Joint stock capital actually paid up in cash 1000000 00
23 Surplus beyond capital and all other liabilities 1833733 3
24 Aggregate amount of all liabilities molding capital paid
up and net surplus 433S719 14
IVINCOME DURING THE YEAR
1 Gross premiums and bills in course of col
lection at close of last previous year as On Fire Risks
shown by that years statement 200239 70
3 Net collected 200 239 70
4 Gross premiums on risks written and renewed
during the year 1622051 87
5 Totalv 1822291 57
6 Deduct premiums and bills in course of col
lection at this date 231261 10
7 Entire premiums collected during the year 1591030 47
8 Deduct reinsurance and return premiums 431592 62
9 Net cash actually received for premiums car
ried out 1159437 85 1159437 85
10 Received for interest on bonds and mortgages ig 573 12
11 Received for interests and dividends on stocks and bonds
collateral loans and from all other sources 130583 73
15 Aggregate amount of income actually received during
the year in cash 1306594 70
VEXPENDITURES DURING THE YEAR
1 Gross amount actually paid for losses in
cluding 5411837 losses occuring in pre On Fire Riks
vious years 491i93s 53
2 Deduct all amounts actually received for sal
vages whether on losses of the last or of
previous years 267990 and all amounts
actually received for reinsurance in other
companies 5744283 total deductions 60122 73
3 Net amount paid during the year for losses 431815 80 431815 80
COMPTROLLERGENERALS REPORT 57
4 Cash dividends actually paid stockholders amount of stock
120000 00
6 195696 98
7 Paid for salaries fees and other charges of officers clerks
125714 14
8 Paid for State national and local taxes in this and other
20464 50
9 All other payments and expenditures viz Advertising
agency and office expenses fire patrol printing and sta
tionery postage and express traveling rents and board
83311 94
Aggregate amount of actual expenditures during the year
977003 36
Business in the State of Georgia During the Year
j 1 696519 00
10086 94
1193 76
2383 21
BUSINESS IN GEORGIA FOR YEAR ENDING APRIL 30 189J
1184472 00
Pr Lo 14924 62
2968 73
149 24
GLENS FALLS FIRE INSURANCE COMPANY OF GLENS FALLS N Y
ICAPITAL
1 200000 00
2 IIASSETS
1 Market value of real estate owned by the company less
s 1 58750 CO
11 1 2 Loans on bond and mortgage duly recorded and being first
1144366 18
0 1 3 Interest due on all said bond and mortgage loans 505922
5819 11
9 Total par and market value of stocks and bonds owned
absolutely by the company carried out at market value 1518717 31
10 Amount of stocks bonds and all other securities except mortgages hypothecated to the company as collateral security for cash actually loaned by the company with the par and market value of the same and the amount loaned on each Total Total Amount Par Market Loned Value Value Therein
Morris Essex R R first mort
11 gage bonds 3000 00 4200 00 4000 00
l 1 Total par and market value and amount loaned thereon 4000 00
58
COMPTROLLERGENERALS REPORT
12 Cash in companys principal offices at Glens
Falls and Chicago 4353 82
13 Cash belonging to the company deposited in
bank First Nat Bank Glens Falls 231
01363 First Nat Bank Chicago 21
80404 total 252817 67
Total cash items 257 171 49
15 Interest due and accrued on stocks not included in mar
ket value uncollected
17 Cash in hands of agents and in course of transmission
18 Bills receivable not matured taken for fire marine and
inland risks
All other assets both real and personal viz Rents
due and accrued due from other companies
for reinsurance on losses already paid 3037 972 21
Deduct from item No 2 for bad and doubtful debts
8400 00
89434 95
1313 17
and securities
20000 00
Total assets of the company actual cash market value 3067972 21
IIILIABILITIES
1 Losses due and unpaid
2 Gross losses in process of adjustment or in
suspense including all reported and sup
posed losses
3 Losses resisted including interest costs and
other expenses thereon
13541 33
35612 00
6534 25
4
5
Total gross amount of claims for losses
Deduct reinsurance thereon
55687 58
5882 07
6 Net amount of unpaid losses
7 Gross premiums without any deduction re
ceived and receivable upon all unexpired
fire risks running one year or less from
date of policy 396502 02
Unearned premiums fifty per cent 198251 01
8 Gross premiums without any deduction re
ceived and receivable upon all unexpired
fire risks running more than one year from
date of policy 140011808 unearned pre
miums pro rata 719512 16
49805 51
11 Total unearned premiums as computed above carried out
17 Due and accrued for salaries rent advertising and for
agency and other miscellaneous expenses
19 All other demands against the company absolute and con
tingent due and to become due admitted and contested
viz Commissions brokerage etc due to agents and
brokers on premiums paid and in course of collection
917763 V
10000 00
13812 74COMPTROLLERGENERALS REPORT
59
20
21
23
24
Total amount of all liabilities except capital stock
scrip and net surplus 991381 42
Joint stock capital actually paid up in cash 200000 00
Surplus beyond capital and all other liabilities 1876590 79
Aggregate amount of all liabilities including capital paid up
and net surplus
IVINCOME DURING THE YEAR
On Fire Risks
Gross premiums and bills in course of col
lection at close of last previous year as
shown by that years statement
Deduct amount of same not collected
3067972 2L
Net collected
Gross premiums on risks written and re
newed during the year as shown in risk
and premium exhibit
8429S 98
496 41
83802 57
987144 59
Total 1070947 16
Deduct premiums and bills in course of col
lection at this date
Entire premiums collected during the year
Cash notes
Deduct reinsurance and return premiums
92184 95
978762 21
167378 63
10
11
12
15
Net cash actually received for premiums car
ried out
Received for interest on bonds and mortgages
Received for interests and dividends on stocks and bonds
collateral loans and from all other sources
Income received from all other sources omitting increase
if any in value of securities viz Rents 218151 from
profit and loss 42171 Total
Aggregate amount of income actually received during the
year in cash
811383 58
77988 46
89632 85
2603 22
981608 11
VEXPENDITURES DURING THE YEAR
1 Gross amount actually paid for losses in
cluding 2892000 losses occurring in pre
vious years
2 Deduct all amounts actually received for sal
vages whether on losses of the last or of
previous year 125835 and all amounts
actually received for reinsurances in other
companies 2685143 total deductions
On Fire Risks
427319 71
28109 78
3 Net amount paid during the year for losses 399239 93
4 Cash dividends actually paid stockholders amount of stock
holders dividends declared during the year 40000 00
6 Paid for commissions or brokerage 168107 2160
COMPTROLLERGENERALS REPORT
7 Paid for salaries fees and other charges of officers clerks
agents and all other employees
8 Paid for State national and local taxes in this and other
States
9 All other payments and expenses viz Stationery travel
ing advertising etc Total
Aggregate amount of actual expenditures during the
year in cash
Business in the State of Georgia during the year
Fire marine and inland risks written
Premiums received gross
Losses paid
Losses incurred
Risks
Premiums
Losses
Tax
BUSINESS IN GEORGIA FOE YEAR ENDING APRIL 30 1898
67051 85
42013 74
58415 59
774831 32
Fire Risks 510342 00 6417 43 3633 88 3348 88
522782 00 6526 32 7801 86 65 26
THE GREENWICH FIRE INSURANCE COMPANY OF THE CITY OF
NEW YORK N Y
ICAPITAL
1 Whole amount of capital stock
2 Amount paid up in cash
200000 00
IIASSETS
1 Market value of real estate owned by the company less
the amount of incumbrances thereon
9 Total par and market value of stocks and bonds owned ab
solutely by the company carried out at market value
11 Total par and market value of stocks bonds and all other
securities except mortgages and amount loaned
thereon
12 Cash in companys principal office 5187 46
13 Cash belonging to the company deposited in
National Broadway Bank 61874 28
Total cash items
15 Interest due and accrued on stocks not included in mar
ket value uncollected
18 Bills receivable not matured taken for fire marine and
inland risks
Gross premiums in course of collection
on policies written within three
200000 00
200000 00
1043895 00
5000 00
67061 74
437 50
22015 54
months
Less contingent upon poor collections
151275 73
5000 00 146275 73
Total assets of the company actual
cash market value 1484685 51COMPTROLLERGENERALS REPORT
61

6649 53
122841 89
40039 84
169531 26
13890 93
534927
267463
9
11
19
IIILIABILITIES
Losses due and unpaid
Gross losses in process of adjustment or in
suspense including all reported and sup
posed losses
Losses resisted including interest costs and
other expenses thereon
Total gross amount of claims for losses
Deduct reinsurance thereon
Net amount of unpaid losses
Gross premiums without any deduction re
ceived and receivable upon all unexpired
fire risks running one year or less from
date of policy
Unearned premiums fifty per cent
Gross premiums without any deduction re
ceived and receivable upon all unexpired
fire risks running more than one year from
date of policy 66366747 unearned pre
miums pro rata
Gross premiums without any deduction
including both cash and bills received
and receivable upon all unexpired inland
navigation and marine risks 38879319
unearned premium
Total unearned premiums as computed above carried out
All other demands against the company absolute and con
tingent due and to become due admitted and contested
viz Amount reclaimable on perpetual policies being90
per cent of deposit 93150 taxes 500000 commis
sions on uncollected premiums 2750000 return pre
miums 5958350 bills payable 175340 contingencies
500000 total
331287 34
44396 59
155640 33
643147 91
49768 40
20
Total amount of all liabilities except capital stock
scrip and net surplus 848556 64
21 Joint stock capital actually paid up in cash 200000 00
23 Surplus beyond capital and all other liabilities 436128 87
24 Aggregate amount of all liabilities including capital paid
up and net surplus 1484685 51
IVRECEIPTS DURING THE YEAR
Fire
1 Gross premiums and bills un
paid at close of last year as
shown by income 6 of that
years statement 159879 13
2 Deduct amount of same not col
lected 3700 44
Marine and
Inland
3 Net collected 122873 69
4 Gross premium on risks written
and renewed during the year 964565 83
5 Total 1087439 52
7211 72
462 60
6749 12
154696 80
161445 92
62
COMPTROLLERGENERALS REPORT
Deduct gross premiums and bills
in course of collection at this
date 154509 23
9222 78
Entire premiums collected dur
ing the year 932930 29
Deduct reinsurance rebate
abatement and return pre
miums 189314 47
152223 14
12922 97
9 Net cash actually received for
premiums carried out 743615 82 139300 17
11 Received for interest and dividends on stock and bonds
collateral loans and from all other sources
12 Income received from all other sources viz Rents 16
93752 profit loss account taxes refunded 476544
14 Aggregate amount of receipts actually received during
the year in cash
VDISBURSEMENTS DURING THE YEAR
Fire
Gross amount actually paid
for losses including 122716
16 losses occurring in previ
ousyears 435846 88
Deduct all amounts actually re
ceived for salvages whether
for losses of the last or of pre
vious years 1344419 and
all amounts actually received
for reinsurance in other com
panies 4509706 total deduc
tions 39418 93
Marine and
Inland
96100 40
19122 32
3
76978 08
Net amount paid during the
year for losses 396427 95
4 Cash dividends actually paid stockholders
6 Paid for commissions or brokerage
7 Paid for salaries fees and all other charges of officers
clerks agents and all other employees
8 Paid for State and local taxes in this and other States
9 All other payments and expenditures viz Directors fees
71000 supplies 1093676 postage 456448 rent
1200000 gas and electric light 143318 advertising
239468 traveling expense 1542319 maps 375832
office fixtures 74305 expressage 115177 telegrams
91577 N Y Board of Fire Underwriters 278811 re
pairs to real estate 175581 miscellaneous 3356919
total
Aggregate amount of actual expenditures during the
year in cash
882915 99
40854 17
21702 96
945473 12
473406 03
20000 00
167334 54
105111 39
14820 38
92144 31
872816 65COMPTROLLERGENERALS REPORT 6S
Business in the State of Georgia during the year
Fire risks written 1888651 73
Premiums received gross 21850 55
Losses paid 18137 76
Losses incurred 16971 00
BUSINESS IN GEORGIA FOR YEAR ENDING APRIL 30 1898
Risks 1979011 50
Premiums 30475 46
Losses 18873 99
Tax 304 75
THE HAMBURGBREMEN FIRE INSURANCE COMPANY OF
HAMBURG GERMANY
1 Whole amount of capital stock 1500000 00
2 Amount paid up in cash 300000 00
3 Amount in notes of the stockholders 1200000 00
9 Total par and market value of stocks and bonds owned
absolutely by the company carried out at market
value 3413041 25
13 Cash belonging to the company deposited in bank Bank
of America New York City N Y 62370 01
15 Interest due and accrued on stocks not included in market
value uncollected 1000 00
17 Cash in hands of agents and in course of transmission 137994 25
Total assets of the company actual cash market value 1614405 51
IIILIABILITIES
1 Losses due and unpaid
2 Gross losses in process of adjustment or in
suspense including all reported and sup
posed losses
3 Losses resisted including interesr costs and
other expenses thereon
4 Total gross amount of claims for losses
6 Net amount of unpaid losses
7 Gross premiums without any deduction re
ceived and receivable upon all uuexpired
lire risks running one year or less from
dateof policy
Unearned premiums fifty per cent
8 Gross premiums without any deduction re
ceived and receivable upon all unexpired
fire risks running more than one year from
date of policy 71549218 unearned pre
miums pro rata
8915 00
55795 00
15950 00
80660 00
872276 87
436138 44
370504 26
80660 0064
COMPTROLLERGENERALS REPORT
11 Total unearned premiums as computed above carried out 806642 70
19 All other demands against the company absolute and con
tingent due and to become due admitted and contested 24924 83
20 Total amount of all liabilities except capital stock
scrip and net surplus 912227 53
23 Surplus beyond capital and all other liabilities 702177 98
24 Aggregate amount of all liabilities including capital
paid up and net surplus 1614405 51
IVINCOME DURING THE YEAH
1 Gross premiums and bills in course of col
lection at close of last previous year as on Fire Risk
shown by that years statement 127914 79
Net collected 127914 79
Gross premiums on risks written and renew
ed during the year 1359027 85
Total 1486942 64
Deduct premiums and bills in course of col
lection at this date 137994 25
Entire premiums collected during the year 1348948 39
Deduct reinsurance and return premiums 255384 11
Net cash actually received for premiums
carried out 1093564 28 1093564 28
Received for interests and dividends on stocks and bonds
collateral loans and from all other sources 56231 64
Aggregate amount of income actually received dur
ing the year in cash 1149795 92
VEXPENDITURES DURING THE YEAR
Gross amount actually paid for losses in
cluding 4093618 losses oecuning in pre
vious years 554803 24
Deduct all amounts actually received for sal
vages whether on losses of the last or of
previous year 2534 83 and all amounts
actually received for reinsurances in
other companies 2028613 total reduc
tions 22820 95
3 Net amnt paid during the year for losses 531982 29 531982 29
6 Paid for commission or brokerage 211502 71
7 Paid for salaries fees and other charges of officers clerks
agents and all other employees 96060 41
8 Paid for State national and local taxes in this and other
States 28982 28
9 All other payments and expenditures viz Local board and
fire patrol assessments rents stationery advertising
printing postage telegrams expressage traveling ex
penses etc 76119 37
10 Sent to home offides during the year 123311 74
Aggregate amount of actual expenditures during the
year in cash 944647 06
3
4
5
6
7
8
9
11
15
1
2COMPTROLLERGENERALS REPORT
65
Buninegs in the State of Georgia During the Year
Wire marine anJ inland risks written 1819467 00
Premiums received gross 34543 17
Losses paid 22104 27
Losses incurred 23834 27
BUSINESS IN GEORGIA FOR THE YEAK ENDING APKIL 30 1898
Risks 1934471 00
Premiums 37024 38
Losses 26852 33
Tax 370 24
HANOVER FIRE INSURANCE COMPANY OF NEW YORK N Y
ICAPITAL
1 Whole amount of capital stock 1000000 00
2 Amount paid up in cash 1000000 00
IIASSETS
1 Market value of real estate owned by the company less the
amount of incumbrances thereon 450000 00
2 Loans on bond and mortgage duly recorded and being first
liens on the fee simple 7000 00
3 Interest due on all said bond and mortgage loans
interest accrued thereon 2916 total 29 16
4 Value of lands mortgaged exclusive of
buildings and perishable improvements 4500 00
5 Value of buildings mortgaged insured for
7000 as collateral 11000 00
6 Total value of said mortgaged premises
carried inside 15500 00
9 Total par and market value of all stocks and bonds owned
absolutely by the company carried out at market value 21K8048 00
10 Amount of stocks bonds and all other securities except
mortgages hypothecated to the company as collateral
security for cash actually loaned by the company with
the par and market value of the same and the amount
loaned on each
Total Par Total Mar
Value ket Value
Amount
Loaned
Thereon
Brooklyn City N Y R R
Co 1st mort and cons
mort bond
Flint Pere Marquette R
R Co cons 1st mtge 5
gold bonds 2000 00
Western Union Telegraph
Co capital stock 20
shares 100 each 2000 00
Chicago Rock Island Pa
cific Ry Co 1st mort Col
Ex 5 bond 1000 00
Texas Pacific Ry Co 1st
1000 00 1140 00
1720 00 4000 00
mort
bond 1000 00
1827 50 J
1
i
1051 15
970 00J
1500 0066
COMPTROLLERGENERALS REPORT
11
12
13
15
16
17
Total par and market
value and amount
loaned thereon 7000 00 6708 75
Cash in companys principal office
Cash belonging to the company deposited in
bank America 7270102 German
Amerrican 1035590 Guarantee Trust
Safe Deposit Co Philadelphia Pa
20000 total
5050 00
16189 80
83256 92
Totalcash items
Interest due and accrued on stocks and bonds not included
in market value uncollected
Interest due and accrued on collateral loans and uncollected
Cash in hands of agents and in course of transmission
All other assets both real and personal as per schedule
attached viz Rents due and accrued 87112 due from
other companies for reinsurance on losses already paid
Insurance Co of North America 215 Phenix of New
York 644 Greenwich 559 Nassau N Y 365
Citizens N Y 468 North River N Y 275 Kings
County 30S339
Total assets of the company actual cash market value
19 Premiums unpaid on policies issued more
than three months 4612 76
5500 00
99446 72
17592 50
13 75
245899 60
4026 77
2997556 50
IIILIABILITIES
1 Losses due and unpaid 105062 25
2 Gross losses in process of adjustment or in
suspense including all reported and sup
posed losses 79111 77
3 Losses resisted including interest costs and
other expenses thereon 43042 52
8
4
5
Total gross amount of claims for losses
Deduct reinsurance thereon
6 Net amount of unpaid losses
7 Gross premiums without any deduction re
ceived and receivable upon all unexpired
fire risks running one year or less from
date of policy 111463797 unearned pre
miums fifty per cent
Gross premiums without any deduction re
ceived and receivable upon all unexpired
fire risks running more than one year from
date of policy 112521653 unearned pre
miums pro rata
227216 87
13555 14
557318 98
599700 28
I I Total unearned premiums as computed above carried out
19 All other demands against the company absolute and con
tingent due and to become due admitted and contested
viz Commissions and other charges due and to become
I lie on premiums paid and in course of collection
213661 73
1157019 26
42005 23COMPTROLLERGENERALS REPORT 67
20 Total amount of all liabilities except capital stock
scrip and net surplus 1412686 22
21 Joint stock capital actually paid up in cash 1000000 00
23 Surplus beyond capital and all other liabilities 584870 28
24 Aggregate amount of all liabilities including capital
paid up and net surplus 2997550 50
IVINCOME DURING THE YEAR
On Fire Risks
1 Gross premiums and bills in course of collec
tion at close of last previous year as shown
by that years statement 177513 46
2 Deduct amount of same not collected 4352 08
3 Net collected 173161 38
4 Grosspremiums on risks written and renewed
during the year 1796592 61
5 Total 1969753 99
6 Deduct premiums and bills in course of col
lection at this date 250512 36
7 Entire premiums collected during the year 1719241 63
8 Deduct reinsurance and return premiums 296916 32
9 Net cash actually received for premiums
carried out 1422325 31 1422325 31
10 Received for interest on bonds and mortgages 350 00
11 Received for interests and dividends on stocks and bonds
collateral loans and from all other sources 84019 31
12 Income received from all other sources viz Rents 14
32554 profit and loss 6778825 total 67788 25
15 Aggregate amount of income actually received during
the year in cash 1588808 41
VEXPENDITURES DURING THE YEAR
On Fire Risks
1 Gross amount actually paid for losses in
cluding 10341981 losses occurring in pre
vious years 766850 43
2 Deduct all amounts actually received for sal
vages whether on losses of the last or of
previous year 895784 and all amounts
actually received for reinsurances in other
companies 36111399 total deductions 45081 83
3 Net amount paid during the year for losses 721778 60
4 Cash dividends actually paid stockholders amount of stock
holders dividends declared during the year 8000000
6 Paid for commissions or brokerage
7 Paid for salaries fees and other charges of officers clerks
agents and all other employees
8 Paid for State national and local taxes in this and other
States
721778 60
80000 00
259557 94
143412 23
31917 5168
COMPTROLLERGENERALS REPORT
9 All other payments and expenditures viz Rents print
ing stationery advertising traveling local and all other
expenses 130815 50
Aggregate amount of actual expenditures during the
year in cash 1867480 78
Business in the State of Georgia During the Year
Fire Risks
Fire marine and inland risks written 1725667 00
Premiums received gross 27771 56
Losses paid 14296 98
Losses incurred 7 059 10
BUSINESS IN GEORGIA FOR YEAR ENDING APRIL 30 1808
Risks 1633438 00
Premiums 26047 70
Losses 20222 53
Tax 260 47
THE HARTFORD FIRE INSURANCE COMPANY OF HARTFORD
CONN
ICAPITAL
1 Whole amount of capital stock
2 Amount paid up in cash
1250000 00
1250000 00
IIASSETS
1 Market value of real estate owned by the company less the
amount of incumbrances thereon 647 000 00
2 Loans on bond and mortgage duly recorded and being first
liens on the fee simple 1554590 00
3 Interest due on all said bond and mortgage loans
interest accrued thereon 2893849 total 28938 49
4 Value of lands mortgaged exclusive of build
ings and perishable improvements 1200000 00
5 Value of buildings mortgaged insured for
89357800 as collateral 2635075 00
Total value of said mortgaged premises
carried inside 3835075 00
Total par and market value of stocks and bonds owned ab
solutely by the company carried out at market value 6724568 75
11 Total par and market value of stocks bonds and all other
securities except mortgages and amount loaned thereon 14810 00
6
9
12 Cash on hand and in companys offices
13 Cash belonging to the company deposited in
bank
Cash in Hartford National Bank
American National Bank
Hartford Trust Company
Connecticut Trust and Safe Deposit
Company
State Bank Hartford Conn
J P Morgan A Co New York
73224 05
172462 13
142011 00
50000 00
197844 82
50000 00
40532 26COMPTROLLERGENERALS REPORT
69
lti
17
Cash in Imperial Bank Toronto Ont 6802 57
Illinois Trust Savings Bank Chicago 41094 16
Crocker Woolworth National
Bank San Francisco 7065 09
American Exchange National Bank
New York 34733 41
Total cash items 815769 49
Interest due and accrued on collateral loans and uncollected 56 75
Cash in hands of agents and in course of transmission 1107871 37
All other assets both real and personal viz Rents due
and accrued 1034 44
Total assets of the company actual cash market value 10894629 29

IIILIABILITIES
1 Losses due and unpaid 147326 26
2 Gross losses in process of adjustment or in
suspense including all reported and sup
posed losses 290967 85
3 Losses resisted including interest costs and
other expenses thereon 72455 28
4 Total gross amount of claims for losses 510749 39
6 Net amount of unpaid losses 510749 39
7 Gross premiums without any deduction re
ceived and receivable upon all unexpired
fire risks running one year or less from
date of policy 4342511 31 unearned pre
miums fifty per cent 2171270 65
8 Gross premiums without any deduction re
ceived and receivable upon all unexpired
fire risks running more than one year from
date of policy 513382207 unearned pre
miums pro rata 2637813 14
11 Total unearned premiums as computed above carried out 4809083 79
19 All other demands against the company absolute and con
tingent due and to become due admitted and contested 75000 00
20 Total amount of liabilities except capital stock scrip
and net surplus 5394833 18
21 Joint stock capital actually paid up in cash 1250000 00
23 Surplus beyond capital and all other liabilities 4 249796 11
24 Aggregate amount of all liabilities including capital paid
up and net surplus 10891629 29
IV INCOME DURING THE YEAR
1 Gross premiums and bills in course of col
lection at close of last previous year as
shown by that years statement 1091613 65
2 Deduct amount of same not collected 2964 87
3 Net collected 1088648 78170
COMPTROLLERGENERALS REPORT
4 Gross premiums on risks written and renewed
during the year 7286258 32
5 Total 8374907 10
6 Deduct premiums and bills in course of col
lection at this date 1107871 37
7 Entire premiums collected during the year 7267035 73
8 Deduct reinsurance and return premiums 1524470 99
9 Net cash actually received for premiums carried out 5742564 74
10 Received for interest on bonds and mortgages 71498 19
11 Received for interests and dividends on stocks and bonds
collateral loans and from all other sources 318757 65
12 Income received from all other sources omitting increase
if any in value of securities viz Rents 6735 35
15 Aggregate amount of income actually received during
the year in cash 6139555 93
VEXPENDITURES DURING THE YEAR
1 Gross amount actually paid for losses in
cluding 453630 85 losses occurring in pre
vious years 3510161 64
2 Deduct all amounts actuallyTeceived for sal
vages whether on losses of the last or of
previous years and all amounts ac
tually received for reinsurance in other
companies 29754219 total deductions 297542 19
3
Net amount paid during the year for
losses 3212619 453212619 45
4 Cash dividends actually paid stockholders amount of
stockholders dividends declared during the year 375
00000
6 Paid for commissions or brokerage
7 Paid for salaries fees and other charges of officers clerks
agents and all other employees
8 Paid for State national and local taxes in this and other
States 127663 34
9 All other payments and expenditures viz Printing ad
vertising traveling and general expenses 506383 49
375000 00
903621 37
434730 37
Aggregate amount of actual expenditures during the
year in cash 5560018 02
Business in the State of Georgia during the year
Fire risks written 7830501 00
Premiums received gross 132 310 45
Lossespaid 7o508 58
69305 58
Losses incurred
BUSINESS IN GEORGIA FOR YEAR ENDING APRIL 30 1898
Risks
Premiums
Losses
Tax
8604710 00
145531 93
70386 87
1455 31COMPTROLLERGENERALS REPORT
71
HOME INSURANCE COMPANY OF NEW YORK N Y
ICAPITAL
1 Whole amount of capital stock 3000000 00
2 Amount paid up in cjsh 3000000 00
IIASSETS
1 Market value of real estate owned by the company less the
amount of incumbrances thereon 1744014 o5
2 loans on bond and mortgage duly recorded and being first
liens on the fee simple 325612 33
3 Interest due on all said bond and mortgage loans 235825
interest accrued thereon 540775 Total 7766 00
4 Value of lands mortgaged exclusive of build
ings and psrishable improvements 513500 00
5 Value of buildings mortgaged insured for
19961000 as collateral 293750 00
6 Total value of said mortgaged premises
carried inside 807250 00
9 Total par and market value of stocks and bonds owned
absolutely by the company carried out at market value 8016321 69
11 Total par and market value of stocks bonds and all other
securities except mortgages and amount loaned thereon 136725 00
13 Cash belonging to the company deposited in
Continental National Bank 171397 08
American Exchange National Bank 142301 67
National Bank of the Republic 115067 71
Continental Trust Company 125396 05
Total cash items 554222 51
15 Interest due and accrued on stocks not included in mar
ket value uncollected 48210 61
16 Interest due and accrued on collateral loans and uncollected 878 73
17 Cash in hands of agents and in course of transmission 495986 80
18 Bills receivable not matured taken for fire marine and
inland risks2295 71
Total assets of the company actual cash market value 11332033 93
IIILIABILITIES
1 Losses due and unpaid
2 Gross losses in process of adjustment or in
suspense including all reported and sup
posed losses
3 Losses resisted including interest eosts and
other expenses thereon
4
5
Total gross amount of claims for losses
Deduct reinsurance thereon
6 Net amount of unpaid losses
7 Gross premiums without any deduction re
ceived and receivable upon all unexpired
fire risks running one year or less from
date of policy 284032100 unearned pre
miums fifty per cent
90293 32
586417 03
51614 70
728325 05
307574 00
420751 05
1420161 0072
COMPTROLLERGENERALS REPORT
8 Gross premiums without any deduction re
ceived and receivable upon all unexpired
fire risks running more than one year from
date of policy 551943300 unearned
premiums pro rata 2617815 00
9 Gross premiums without any deduction in
cluding both cash and bills received and
receivable upon all unexpired inland navi
gation and marine risks 13707000 58535 00
10 Gross premiums without any deduction re
ceived and receivable on all unexpired
marine risks 48639 00
11 Total unearned premium as computed above carried out 4155150 00
19 All other demands against the company abiolute and con
tingent due and to become due admitted and contested
viz Reinsurance 15033363 commissions 3553078 185864 41
Total 4 761765 46
21 Joint stock capital actually paid up in cash 3000000 00
23 Surplus beyond capital and all other liabilities J 3570268 47
24 Aggregate amount of all liabilities including capital paid
up and net surplus 11332033 93
1 Amount of unearned premiums represented
by installment notesbeing the whole
amount of such notes 707115 09
IVINCOME DURING THE YEAR
On On
Fire Marine aDd
Kisks Inland Risks
1 Gross premium and bills in
course of collection at close
of last previous year as
shown by that years state
ment 55737100 51100 57
3 Net collected 55737100 51100 57
4 Gross premiums on risks writ
ten and renewed during the
year 5680204 37 310590 45
5 Total 6237575 37 36169102
6 Deduct premiums and bills in
course of collection at this
date 447250 36 51032 15
7 Entire premiums collected
during the year Cash
notes 5790325 01 310658 87
8 Deduct reinsurance and re
turn premiums 1415297 19 118379 94
9 Net cash actually received for
premiums carried out 4375027 82 192278 934567306 75
10 Received for interest on bonds and mortgages 22 730 15COMPTROLLERGENERALS REPORT 73
11 Received for interests on stocks and bonds collateral loans
and from all other sources 353413 75
12 Income received from all other sources omitting increase
if any in value of securities viz Rents 16392734 total 163927 34
15 Aggregate amount of income actually received during the
year in cash 5107377 99
VEXPENDITURES DURING THE YEAR
On On Marine
Fire Risks and Inland Risks
1 Gross amount actually paid for
losses including 488734 00
losses occurring in previous
years 2699459 67 129782 34
2 Deduct all amounts actually re
ceived for salvages whether
on losses of the last or of pre
vious year 1842363 and
all amounts actually received
for reinsurance in other
companies 60742185 to
tal deductions 575468 57 50376 91
3 Net amount paid during
the year for losses 212399110 79405 43203396 53
4 Cash divilends actually paid stockholders amount of
stockholders dividends declared during the year
30000000 300000 00
8 Paid for commissions or brokerage 829582 36
7 Paid for salaries fees and other charges of officers clerks
agents and all other employees 405028 30
8 Paid for State national and local taxes in this and other
States 103363 51
9 All other payments and expenditures viz Repairs and ex
penses on real estate advertising printing stationery
traveling expanses rents and miscellaneous Total 395319 27
Aggregate amount of actual expenditures during the
year in cash 4236689 97
Business in the State of Georgia During the Year
Fire marine and inland risks written 5748804 00
Premiums received gross 75029 55
Losses paid 40244 89
Losses incurred 48948 95
BUSINESS IN GEORGIA FOR YEAR ENDING APRIL 30 1898
Risks 5094430 00
Premiums 74256 48
Losses 61169 38
Tax 742 5674
COMPTROLLERGENERALS REPORT
THK UNITED STATES BRANCH OF THE IMPERIAL FIRE INSUR
ANCE COMPANY LIMITED OF LONDON ENGLAND
IClAITAL
13
L Whole amount of capital stock 6000000 00
2 Amount paid up in cash 1500000 00
irASSETS
1 Market value of real estate owned by the company less
the amount of incumbrances thereon 476631 70
9 Total par and market value of stocks and bonds owned ab
solutely by the company carried out at market value 1111807 50
Cash belonging to the company deposited in bank J P
Morgan Co 447041 Union Trust Co 3648231
Chase National Bank 7411613 National Bank of Illi
nois Chicago 790094 National Bank of the Republic
Boston 689735 Bank of British Columbia San Fran
cisco 496302 Atlanta National Bank Atlanta
386069 total 138590 85
Amount of premium notes upon which policies have been
issued more than three months inside 9341 74
15 Interest due and accrued on stocks not included in market
value uncollected 5091 66
17 Cash in hands of agents and in course of transmission 173090 56
18 Bills receivable not matured taken for fire marine and
inland risks 954 81
All other assets both real and personal viz Rents due and
accrued 374131 miscellaneous 25549 3996 80
14
Total assets of the company actual cash market value 1910166 88
IIILIABILITIES
1 Losses due and unpaid
2 Gross losses in process of adjustment or in
suspense including all reported and sup
posed losses
3 Losses resisted including interest costs and
other expenses thereon
4 Total gross amount of claims for losses
5 Deduct reinsurance thereon
i Net amount of unpaid losses
7 Gross premiums without any deduction re
ceived and receivable upon all nnexpired
tire risks running one year or less from
date of policy 91308016 unearned pre
miums fifty per cent
8 Gross premiums without any deduction re
ceived and receivable upon all unexpired
fire risks running more than one year from
date of policy 72336146 unearned pre
miums pro rata
11 Total unearned premiums as computed above cirried out 807906 48
1865 3 17
74133 98
10696 50
103483 65
3170 52
100313 13
456540 08
351366 40COMPTROLLERGENERALS REPORT
75
19 All other demands against the company absolute and con
tingent due and to become due admitted and contested
viz Commissions brokerage and other due and to be
come due to agents and brokers on premiums paid and
in course of collection 1203281
20 Total amount of all liabilities except capital stock scrip
and net surplus
23 Surplus beyond capital and all other liabilities
24 Aggregate amount of all liabilities including capital paid
up and net surplus
IVINCOME DURING THE YEAR
On Marine and
Inland Risks
1 Gross premiums and bills in course of collec
tion at close of last previous year as shown
by that years statement 160165 67
2 Deduct amount of same not collected
12032 81
920252 42
989914 46
1910166 88
160165 67
3 Net collected
4 Gross premiums on risks written and re
newed during the year 1443262 22
5 Total 1603427 89
6 Deduct premiums and bills in course of col
lection at this date 182432 30
7 Entire premiums collected during the year
8 Deduct reinsurance and return premiums
1420995 59
293683 io
9 Net cash actually received for premiums carried out
11 Received for interests and dividends on stocks and bonds
collateral loans and from all other sources
12 Income received from all other sources omitting increase
if any in value of securities viz Rents
14 Remittances from home office during the
year 30951 49
15 Aggregate amount of income actually received during the
yearin cash
VEXPENDITURES DURING THE YEAR
1 Gross amount actually paid for losses in
cluding 4895041 losses occurring in pre
vious years 620394 68
1 Deduct all amounts actually received for sal
vage whether on losses of the last or pre
vious year 475163 and all amounts ac
tually received for reinsurance in other
companies 3630898 total deductions 41060 61
3 Net amount paid during the year for losses
6 Paid for commissions or brokerage
7 Paid for salaries fees and other charges of officers clerke
agents and all other employees
1127312 49
40082 78
11325 79
1178721 06
579334 0
217262 0
17501 1J76 COMPTROLLERGENERALS REPORT
8 Paid for State national and local taxes in this and other
States 30341 35
9 All other payments and expenditures viz General ex
penses 80982 23
30 Amount sent to home office during the year156631 18
Aggregate amount of actual expenditures during the year
in cash 1005420 77
Businesi in the State of Georgia During the Year
Fire risks written 1389605 00
Premiums received gross 24206 72
Losses paid 16171 85
Losses incurred 10142 35
BUSINESS IN GEORIGIA FOR YEAR ENDING APRIL 30 1898
Risks 1711500 00
Premiums 24676 05
Losses 11906 70
Tax I 246 76
INSURANCE COMPANY OF NORTH AMERICA OF PHILADEL
PHIA PA
1 Whole amount of capital stock 3000000 00
2 Amount paid up in cash 3000000 00
IIASSETS
1 Market value of real estate owned by the company less
the amount of incumbrances thereon 540936 99
2 Loans on bond and mortgage duly recorded and being first
liens on the fee simple 2386 743 49
3 Interest due on all said bond and mortgage loans 33
83939 interest accrued thereon176875l total 51526 90
4 Value of lands mortgaged exclusive of
buildings and perishable improvements
5 Value of buildings mortgaged insured for
2212870 as collateral f 6053t 42
0 Total value of said mortgaged premises
carried inside
9 Total par and market value of stocks and bonds owned
absolutely by the company carried out at market value 5257190 00
11 Total par and market value of bonds stocks and all other
securities except mortgages hypothecated as collateral
security for cash loaned and amount loaned thereon 35000 00
13 Cash belonging to the company deposited in bank
Philadelphia National Bank 12817345
Drexel Co Philadelphia 24883097
Merchants Nat Bank New York 51
15094 Union Trust CoNY 11568230
Bank of North America Phila 642002
First National Bank Erie Pa 997710COMPTROLLERGENERALS REPORT
77
Bank of Montreal Montreal Can 11
8P123 Bank of Montreal St John N B
357145 Bank of Montreal Halifax N
5 666765 London and Westminster
Bank London 5760030 Brown Shipley
6 Co London 10993853 Bank of Liv
erpool 2213321 AngloAmerican Bank
Vienna 1300000 total
779947 15
Total cash items 779947 15
17 Cash in hands of agents and in course of transmission Fire
54619805 marine 29283675 total 836034 80
18 Bills receivable not matured taken for fire marine and in
land risks 62350 08
All other assets both real and personal viz Reinsurance
claims on marine losses paid 4356670 book debts due
company 63924 82 107491 52
Total assets of the company actual cash market value 10057220 93
3
IIILIABILITIES
Fire
Losses due and unpaid 88507 62
Gross losses in piocess of adjust
ment or in suspense including
all reported and supposed losses 197960 33
Losses resisted including interest
costs and other expenses thereon 42702 05
Marine
219900 00
4 Total gross amount of claims for
losses 329170 00 219900 00
5 Deduct reinsurance thereon 11
835 and salvage claims 114
300 11835 00 114300 00
6 Net amount of unpaid losses 317335 00
7 Gross premiums without any deduction re
ceived and receivable upon all unexpired
lire risks running one year or less from
date of policy 268960043 unearned
premiums fifty per cent 1344804 72
8 Gross premiums without any deduction re
ceived and receivable upon all unexpired
fire risks running more than one year from
date of policy 309409655 unearned
premiums pro rata 1575920 14
Gross premiums without any deduction in1
eluding both cash and bills received and
receivable upon all unexpired inland nav
igation and marine risks 253512 33
Gross premiums without any deduction re
105600 00 422935 00
9
10
ceived and receivable on all unexpired
marine risks

11 Total unearned premiums as computed above carried out 3144237 1978
COMPTROLLERGENERALS REPORT
I
All other demands against the company absolute and con
tingent due and to become due admitted and contested
viz Commissions brokerage and other charges due to
agents and brokers 34000 reinsurance 4224868
book debts due by company 64341
Amounts reclaimable on perpetual fire insurance policies
being 90 and 95 per cent of premiums received
76892 09
780559 51
20
Total amount of all liabilities except capital stock
scrip and net surplus
21 Joint capital stock actually paid up in cash
23 Surplus beyond capital and all other liabilities
Agggregate amount of all liabilities including capital
paid up and net surplus
24
4454623 79
3000000 00
2602597 14
10057220 93
IVINCOME DURING THE YEAR
On Fire
Risks
3 Net collected 539059 48
4 Gross premiums on risks writ
ten and renewed during the
year 4690674 52
On Marine and
Inland Rsks
294807 96
5 Total 5229734 00
6 Deduct premiums and bills in
course of collection at this
date 543198 05
2206837 68
2501645 64
155181 83
2145458 81
551106 55
9 Net cash actually received for
premiums carried out 3854777 76 1595352 26
10 Received for interest on bonds and mortgages
11 Received for interests and dividends on stocks and bonds
collateral loans and from all other sources
Aggregate amount of income actually received during
the year in cash
VEXPENDITURES DURING THE YEAR
7 Entire premiums collected dur
ing the year 4686535 95
8 Deduct reinsurance and return
premiums 831758 19
15
5450130 02
131300 70
245502 76
5826933 48
On Fire
Risks
Gross amount actually paid for
losses including
losses occurring in previous
years 2089829 52
Deduct all amounts actually re
ceived lotsalvages whether
on 1 ses of the last or previ
ous year 12705067 and all
amounts actually received for
insurances in other com
panies 47922663 total de
ductions 99669 46
On Marine and
inland Risks
1934890 14
50661COMPTROLLERGENERALS REPORT 79
3 Net amount paid during the
year for losses 1990160 06 1428276 303418436 36
4 Cash dividends actu illy pai 1 stockholders amount of stock
holders dividends declared during the year 360000 00
6 Paid for commissions or brokerage 1019223 46
7 Paid for salaries fees and other charges of officers clerks
agents and all other employees 286750 51
8 Paid for State national and local taxes in this and other
States 123346 69
9 Allother payments and expenditures viz Advertising
postage stationery traveling expenses etc 316350 69
Aggregate amount of actual expenditures during the
year in cash 5524107 71
Business in the State of Georgia During the Year
Fire Marine and
Risks Inland Risks Aggregate
Fire marine and inland risks writ
ten 4707822 00 1442997 00 6150819 00
Premiums received gross 69585 58 19015 45 8860103
Losses paid 30285 13 2387 66 32672 79
Losses incurred 40022 59 2387 66 42410 25
BUSINESS IN GEORGIA FOR YEAR ENDING APRIL 30 1898
Risks 7422083 00
Premiums 92284 08
Losses 68620 07
Tax 922 84
THE LANCASHIRE FIRE INSURANCE COMPANY OF MANCHESTER
ENGLAND
1 Market value of real estate owned by the company less
the amount of incumbrances thereon 385585 72
9 Total par and market value of stocks and bonds owned ab
solutely by the company carried out at market value 1566657 50
12 Cash in companys principal offices 996 99
13 Cash belonging to the company deposited in
bank as follows Mechanics National Bank
of New York 31052247 Vermilye Co
Bankers N Y in name of Trustees 153
22892 Atlanta Nat Bank Atlanta Ga
1323469 Metropolitan Nat Chicago 111
2145838 AngloCalifornia Bank San F
193951 total 200383 97
Total cash items 201380 96
17 Cash in hands of agents and in course of transmission 293630 01
Special agentsbalances 653 90
Total assets of the company actual cash market value 2447908 09
6c80
COMPTROLLERGENERALS REPORT
IIILIABILITIES
1 Losses due and unpaid 65170 82
2 Gross losses in process of adjustment or in
suspense including all reported and sup
posed losses 144551 21
3 Losses resisted including interest costs and
other expenses thereon 23860 06
4 Total gross amount of claims for losses 233585 09
5 Deduct reinsurance thereon 5001 80
6 Net amount of unpaid losses 228583 29
7 Gross premiums without any deduction re
ceived and receivable upon all unexpired
fire risks running one year or less from date
of policy 151233012 unearned premi
ums fifty per cent 756165 06
8 Gross premiums without any deduction re
ceived and receivable upon all unexpired
fire risks running more than one year from
date of policy 114218009 unearned pre
miums pro rata 694604 96
11 Total unearned premiums as computed above carried out 1450770 02
12 Net premiums reserve and all other liabilities on perpetual
insurance policies being 90 per cent of premium deposit 4002 75
19 All other demands against the company absolute and con
tingent due and to become due admitted and contested
viz Taxes etc 5000 commissions etc 45000 50000 00
20 Total amount of all liabilities except capital stock
scrip and net surplus 1733356 06
23 Surplus beyond capital and all other liabilities 714552 03
24 Aggregate amount of all liabilities including capital paid
up and net surplus 2447908 09
IVINCOME DUBING THE YEAR
On Fire Rsks
1 Gross premiums and bills in course of collec
tion at close of last previous year as shown
by that years statement 269507 4
3 Net collected 269507 43
4 Gross premiums on risks written and renewed
during the year 2526303 51
5 Total 2795840 94
6 Deduct premiums and bills in course of collec
tion at this date 293630 01
7 Entire premiums collected during the year2502180 93
8 Deduct reinsurance and return premiums 524507 20
9 Net cash actually received for premiums car
ried out 1977673 731977673 73
11 Received for interests and dividends on stocks and bonds
collateral loans and from all other sources 50869 43COMPTROLLERGENERALS REPORT
81
12 Income received from all other sources omitting increase
if any in value of securities viz Rents 829211 net
total
14 Amount of remittances from home office dur
ing the year 39981 25
8292 11
15 Aggregate amount of income actually received during the
year in cash 2036835 27
VEXPENDITURES DURING THE YEAK
On Fire Risks
1 Gross amount actually paid for losses includ
ing 14798284 losses occurring in previous
years 1019309 25
2 Deduct all amounts actually received for sal
vages whether on losses of the last or of
previous years 745027 and all amounts ac
tually received for reinsurances in other
companies 4595123 total deductions 53401 50
3 Net amount paid during the year for losses 965907 75 965907 75
6 Paid for commissions or brokerage 376648 66
7 Paid for salaries fees and other charges of officers clerks
agents and all other employees
8 Paid for State national and local taxes in this and other
States
9 All other payments and expenditures viz Office expenses
traveling maps printing advertising and board assess
ments total
10 Amount sent to home offices during the year 296093 63
164728 48
48176 91
137924 21
Aggregate amount of actual expenditures during the
year in cash 1693386 01
Business in the State of Georgia During the Year
Fire Risks Aggregate
Fire marine and inland risks written3446311 00 3446311 00
Premiums received gross 40182 69 40182 69
Losses paid 31333 00 31333 00
Losses incurred 23149 00 23149 00
BUSINESS IN GEORGIA FOR YEAR ENDING APRIL 30 1898
Risks2539096 00
Premiums 37495 71
Losses 18588 63
Tax 374 95
LION FIRE INSURANCE CO OF LONDON ENGLAND
ICAPITAL DEPOSIT
2i0000 00
a Amount of net ledger assets December 31st of pre
vious year 1
480196 5082
COMPTROLLERGENERALS REPORT
IIINCOME DURING YEAR
As Shown by Books at U S Branch Office at Close of Business December 31
1 Gross premiums including bills unpaid at
close of last year59848 19
3 Deduct ledger balances due Decem
ber 31st 1896 24848 19 Fire
35000 00
3 Net collected
4 Gross premiums on risks written and re
newed during the year
35000 00
807242 11
5 Total 807242 11
6 Deduct gross premiums including bills in
course of collection at this date 50527 50
7 Entire premiums collected during the year 791714 01
8 Deduct reinsurance rebate abatement and
return premiums 205213 99
9 Received for premiums other than perpetuals 586500 62
11 Rents from Cos property 284 00
12 Interest on real estate mortgage loans 10081 05
13 Interest and dividends on stocks and bonds
1599594 from all other sources 182571 17821 65
Total rents and interest
Total income during the year
586500 62
28186 70
614687 32
Totalfooting 1454S83 88
IIIDISBURSEMENTS DURING YEAR
As Shown by the Books at the U S Branch Office at Close of Business December 31
1 Gross amount paid for losses including Fire
4540701 occurring in previous years 352922 54
2 Deduct amounts received for salvages on
losses of the last or of previous years
400003 and from reinsurance in other
companies 455686S 4956S 71
Net amount paid during the year for losses 30335 83
5 Remitted to home office
6 Commissions or brokerage to agents less received on re
insurances
8 Rents including for Cos use of own buildings less
from subleases
9 Salaries fees and all other charges officers clerks
other employes
10 Taxes on premiums on real estate 18415 on other
investments
11 Insurance dept fees and agents license municipal
licenses all taxes paid
303353 83
45433 11
125045 37
983 61
40695 18
184 15
15943 02COMPTROLLERGENERALS REPORT
83
12 Advertising printing and stationery 127041 legal ex
penses repairs and expenses on real estate
10863 furniture and fixtures 106079 miscellaneous
3496177
40409 60
Total expenditures during the year 572039 87
Balance 882844 01

IVLEDGER ASSETS
As per Ledger Accounts shown by the Books at the U S Branch Office at close of
Business December 31
1 Book value real e3tate unincumbered
450000 incumbered 4500 00
2 Mortgage loans on real estate first liens
23963750 other than first liens 239637 50
4 Book value of bonds owned excluding in
terest 48228750 stocks 482237 50
5 Cash in Companys office 31766 deposited
in bank 13079353 131111 19
National Exchange Bank Hartford Conn
13079353
6 Bills receivable agentsdebit balances 25561 40
Deduct ledger liabilities Total
7 Agents credit balances 25358 borrowed
money all other
Total net ledger assets
NONLEDGER ASSETS
8 Interest due 465357 and accrued
on mortgages
9 Interest due 474000 and accrued 148708
on bonds and stocks
883097 59
253 58
882844 01
4653 57
6227 OS
Total
14 Market value not including interest in item 9 of bonds
and stocks over book value
15 Gross premiums in course of collection Ti
cemb3r31 not more than three months due 50527 50
16 Deduct cost of collection commission and
brokerage 13536 41
17 Net amount of uncollected premiums not more than three
months due
10880 65
5152 50
Gross assets
DEDUCT ASSETS NOT ADMITTED
Real estate bonds and stocks 976250
other
Total
9762 50
36991 09
935868 25
9762 50
Total admitted assets of the U S Branch
926105 7584
COMPTROLLERGENERALS REPORT
VNONLEDGER LIABILITIES
1 Losses adjusted and unpaid due not
yet due 1498380 14983 80
2 Losses in process of adjustment or in sus
pense including all reported and supposed
losses 38056 91
3 Losses resisted not outlawed including in
terest costs and other expenses therSon 4400 00
Total amount of claims for losses
Deduct reinsurance due or accrued
4
5
6 Net amount of unpaid losses
7 Gross premiums less reinsurance received
and receivable upon all uuexpired fire
risks running one year or less from date
of policy including interest premiums on
perpetual fire risks 45206491 unearned
premiums fifty per cent
8 Gross premiums less reinsurance received
and receivable upon all unexpired fire risks
running more than one year from date of
policy 3378442 unearned premiums
prorata
57440 71
4685 95
226032 45
181962 51
11
Total unearned premiums as computed
above
52754 76
20 Total amount of all liabilities
21 Statutory deposit
22 Divisible surplus
210000 00
255356 03
407994 96
460749 72
465356 03
Total
Business in the Stale of Georgia During the Year
7 Gross risks written
8 Gross premiums received
9 Losses paid
10 Losses incurred
926105 75
439296 00
6285 08
1367 90
1325 90
BUSINESS IN GEORGIA FOR YEAR ENDING APRIL 30 1898
Risks
Premiums
Losses
Tax
418974 00
6165 79
1525 19
61 65
THE LIVERPOOL AND LONDON AND GLOBE FIRE INSURANCE COM
PANY OF ENGLAND
IIASSETS
Market value of real estate swned by the company less the
amount of incumbrances thereon 1745000 00
Loans on bond and mortgage duly recorded and being first
liens on the fee simple 3 674 371 14COMPTROLLERGENERALS REPORT
85
3 Interest due on all said bond and mortgagelbans 312525
interest accrued thereon 4271792 total 45843 17
4 Value of lands mortgaged exclusive of
building and perishable improvements 3563150 00
5 Value of buildings mortgaged 3469853 00
6 Total value of said mortgage premises
carried inside 7033003 00
9 Total par and market value of stocks and bonds owned
absolutely by the company carried out at market value 2576250 00
12 Cash in companys principal office 2342 39
13 Cash belonging to the company deposited in
bank Continental Nat of N Y N Y
Life Insurance and Trust Co and United
States Trust Co First Nat Chicago First
Nat Denver Lon and Sin Francisco
8F State Nat N O Whitney Nat
N 0 Germania Nat Canal N O total 675289 71
Total cash items 677632 10
15 Interest due and accrued on bonds not included in market
value uncollected 6050 00
16 Interest due and accrued on collateral loans and uncollected 201 38
17 Cash in hands of agents in course of transmission 940141 95
All other assets both real and personal viz Rents due
and accrued 1347044 loans on life policies 170000
all other assets 120404 16374 48
Total assets of the company actual cash market value 9681864 22
IIILIABILITIES
1 Losses due and unpaid 295 00
2 Gross losses in process of adjustment or in
suspense including all reported and sup
posed losses 621283 00
3 Losses resisted including interest costs and
other expenses thereon 129935 00
4 Total gross amount of claims for losses 751513 00
5 Deduct reinsurance thereon 195415 00
6 Net amount of unpaid losses 556098 98
7 Gross premiums without any deduction re
ceived and receivable upon all unexpired
fire risks running one year or less from
date of policy 352421691 unearned pre
miums fifty per cent 1762108 45
8 Gross premiums without any deduction re
ceived and receivable upon all unexpired
fire risks running more than one year from
date of policy 42372697 unearned pre
miums pro rata 2127578 83
11 Total unearned premiums as computed above carried out 3889687 28
12 Net premiums reserve and all other liabilities except capi
tal under the life insurance or any other special depart
ment 96806 1686
COMPTROLLERGENERALS REPORT
19
Amount reclaimable by the insured on perpetual fire insur
ance policies being 95 per cent of premiums on deposit
received 325150 73
All other demands against the company absolute and con
tingent due and to become due admitted and contested
viz Due for reinsurance 5293733 return premiums
7200000 commissions due and to become due on pre
miums paid and in course of collection 11238767 due
for contingent commission 4070000 reserve for liabili
ties contingent but not apparent 5000000 total 328025 00
20
Total amount of all liabilities except capital stock
scrip and net surplus 5195767 17
21 Surplus beyond capital and all other liabilities 4486097 05
992767 29
24 Aggregate amounts of all liabilities including capital paid
up and net surplus 5195767 17
IVINCOME DURING THE YEAR
On Fire Risks
1 Gross premiums and bills in course of collec
tion at close of last previous year as shown
by that years statement
2 Deduct amount of same not collected
Net collected
Gross premiums on risks written and renewed
during the year
Total
Deduct premiums and bills in course of col
lection at this date
Entire premiums collected during the year
Deduct reinsurance and return premiums
Net cash actually received for premiums
carried out 5194546 20 5194546 20
Received for interest on bonds and mortgages 149505 57
Received for interest and dividends on stocks and bonds
collateral loans and from all other sources
Income received from all other sources viz Deposit pre
miums less five per cent received for perpetual fire
risks carried inside 659040 total
9
3362 52
989404 I 7083753 77 21
8073157 990862 98 07
7082295 1SS7749 91 71
10
11
12
15
S0271 37
63073 80
Aggregate amount of income actually received during
the year in cash
VEXPENDITURES DURING THE YEAR
Oi Fire Risks
5487396 94
Gross amount actually paid for losses in
cluding 53522215 losses occurring in pre
vious years 3018503 07
Deduct amounts actually received for sal
vages whether on losses of the last or of
previous year 2523181 and all amounts
actually receivedfor reinsurance in other
companies 34783583 total deductions 373067 64COMPTROLLERGENERALS REPORT 87
2645435 43 906018 69 323985 45 116464 26 324964 54
7 Paid for salaries fees and other charges of officers clerks
8 Paid for State national and local taxes in this and other
9 All other payments and expenditures viz Printing Amount of deposit premium returned during the year on perpetual fire risks carried inside 12041 69
10 Amount sent to home offices during the year 864270 68
Aggregate amount of actual expenditures during the year 4316869 37
Business in the State of Georgia During the Year
BUSINESS IN GEORGIA DURING THE YEAR 6 671461 00 113266 45 61446 97 1132 66 lNCE CO



LIVERPOOL AND LONDON AND GLOBE FIRE INSURE OF NEW YORK
ICAPITAL
1 Whole amount of capital stock 200000 00
IIASSETS
Account of Stocks and Bonds Owned Absolutely by the Company Total Par Value Total Market Value New York City 3 per cent gold redemption bonds of 1922 1081 inc int 220000 00 238150 00 238150 00 13 Cash belonging to the company deposited in bank Continental National Bank N Y 1048207 United States Trust Co N Y 900839 total cash items 19490 46 17 Cash in the hands of agents and in course of transmission 12 00
Total assets of the company actual cash market value 257652 46
IIILIABILITIES
2 Gross losses in process of adjustment or in suspense including all reported and sup 10 00
4 Total gross amount of claims for losses 10 00


COMPTROLLERGENERALS REPORT
Gross premiums without any deduction re
ceived and receivable upon all unexpired
fire risks running one year or less from
date of policy
Unearned premiums fifty per cent
Gross premiums without any deduction re
ceived and receivable upon all unexpired
fire risks running more than one year from
date of policy 8965 unearned premiums
pro rata
784 52
392 26
75 02
11
20
21
23
24
Total unearned premiums as computed above carried out 467 28
Total amount of liabilities except capital stock scrip
and net surplus 477 28
Joint stock capital actually paid up in cash 200000 00
Surplus beyond capital and all other liabilities 57175 18
Aggregate amount of all liabilities including capital paid
up and net surplus 257652 46
IVINCOME DURING THE YEAR
On Fire Riks
Gross premiums on risks written and re
newed during the year as shown in risk
and premium exhibit
9
11
15
1 213 03
1 213 03
12 00
Total
Deduct premiums and bills in course of col
lection at this date
Entire premiums collected during the year
Deduct reinsurance and return premiums
Net cash actually received for premiums 1067 35
Received for interests and dividends on stocks and bands
collateral loans and from all other sources
1201 03
133 68
Aggregate amount of income actually received during the
year in cash
VEXPENDITURES DURING THE YEAR
Paid for commissions or brokerage
Paid for salaries fees and other charges of officers clerks
agents and all other employes
Paid for State national and local taxes in this and other
States
All other payments and expenditures
Aggregate amount of actual expenditures during the
year in cash
VIMISCELLANEOUS
Risks and Premiums
Fire Risk Premiums Thereon
Written or renewed during 1897f203500 1213 03
1067 35
8405 7a
9473 08
160 09
1275 00
250 00
1252 80
2937 89
Total 203500
1213 03COMPTROLLERGENERALS REPORT
89
4 Deduct those expired and
market off as terminated
in 18 57500
5 In force at end of the year 18 146000
7 Net amount in force 146000
338 86
874 17
874 17
THE LONDON ASSURANCE CORPORATION OF LONDON ENGLAND
ICAPITAL
S96550
448275
1 Whole amount of capital stock
2 Amount paid up in cash
IIASSETS
1 Market value of real estate owned by the company less the
amount of incumbrances thereon
9 Total par and market value of stocks and bonds owned ab
solutely by the company carried out at market value
12 Cash in companys principal office 2546 93
13 Cash belonging to the company deposited in
bank Bank of New York N B A 123
52214 Merchants Bank Chicago 4436
54 Bank of British Columbia 334187
total 131299 55
28000 00
1964765 00
Total cash items
15 Interest due and accrued on stocks not included in mar
ket value uncollected
17 Gross premiums in course of collection
18 Bills receivable not matured taken for fire marine and in
land risks
All other assets both real and personal viz Due from
other companies for reinsurance on losses already paid
22401 cash in hands of special agents 8380
133846 48
5889 59
208966 62
15327 68
307 81
Total assets of the company actual cash market value 2357103 18
IIILIABILITIES
1 Losses due and unpaid
2 Gross losses in process of adjustment or in
suspense including all reported and sup
posed losses
3 Losses resisted including interest costs and
other expenses thereon
4 Total gross amount of claims for losses
5 Deduct reinsurance thereon
13678 44
174982 03
10690 50
199350 97
30546 31
6 Net amount of unpaid losses
7 Gross premiums without any deduction re
ceived and receivable upon all unexpired
fire risks running one year or less from
date of policy 60828376 unearned pre
miums fifty percent
168804 66
30114190
COMPTROLLERGENERALS REPORT
10
11
12
19
Gross premiums without any deduction re
ceived and receivable upon all unexpired
fire risks running more than one year from
date of policy 87870547 unearned pre
miums pro rata
Gross premiums without any deduction re
ceived and receivable on all unexpired
marine risks
456442 40
35033 75
Total unearned premiums as computed above carried out 795618 03
Amount reclaimable by the insured on perpetual fire insur
ance policies 95 per cent 174 go
All other demands against the company absolute and con
tingent due and to become due admitted and contested
viz Commissions 2773766 return premiums 1287
reinsurance 1876115 46 511 68
23
24
Total liabilities
Surplus beyond capital and all other liabilities
1011109 17
1345994 01
Aggregate amount of all liabilities including capital paid
up and net surplus
2357103 18
IVINCOME DURING THE YEAR
Gross premium and bills in
course of collection at close of
last previous year as shown
by that years statement 132522 53
On Fire On Marine and
Risks Inland Risks
Net collected 132522 53
Gross premiums on risks writ
ten and renewed during the
year 1091890 90
Total 1224413 43
Deduct premiums and bills in
course of collection at this
date 131654 58
Entire premiums collected dur
ing the year 1092758 85
Deduct reinsurance and return
premiums 200928 16
10
11
15
10722 57
107223 57
436169 48
543393 05
9263a 72
450753 33
88305 01
Net cash actually received for
premiums carried out 891830 69
Recived for interest on bonds and mortgages
Received for interests and dividends on stocks and bonds
collateral loans and from all other sources
362448 32 1254279 01
1260 00
76194 22
Aggregate amount of income actually received during
the rear in cash
1331733 23COMPTROLLERGENERALS REPORT
91
EXPENDITURES DURING THE TEAR
On Fire
Risks
Gross amount actually paid for
losses including 13549138
losses occurring in previous
years 413901 55
Deduct all amounts actually re
ceived for salvages whether
on losses of the last or of pre
vious year 1351637 and all
amounts actually received for
reinsurance in other compa
nies 9721810 total deduc
tions 40437 67
On Marine and
Inland Risks
338533 35
70295 SO
3 Net amount paid during the
year for losses 373463 88 268236 55
6 Paid for commissions or brokerage
7 Paid for salaries fees and other charges of officers clerks
agents and all other employees
8 Paid for State national and local taxes in this and other
States
9 All other payments and expenditures viz Postage tariff
advertising stationery traveling rents maps and office
expenses etc
10 Amount sent to home offices during the year 290958 74
Aggregate amount of actual expenditures during the
year in cash
Business in the Stale of Georgia during the year
Marine and
Inland Risks
Fire marine and inland risks written
Premiums received gross
Losses paid
Losses incurred
Fire Risks
262829 00 735086 00
3199 28 3892 03
1429 26
1007 26 6000 00
BUSINESS IN GEORGIA FOR YEAR 1898
Eisks
Premiums
Losses
Tax
641700 43
190669 51
101538 14
31735 17
91000 00
1056672 99
Aggregate
997915 00
7091 31
1429 26
7007 26
1352758 00
9097 85
8630 43
90 97
THE LONDON AND LANCASHIRE FIRE INSURANCE COMPANY
OF LIVERPOOL ENGLAND
IIASSETS
1 Market value of real estate owned by the company less the
amount of incumbrances thereon 279125 CO
9 Total par and market value of stocks and bonds owned abso
lutely by the company carried out at market value 2018011 3592
COMPTROLLERGENERALS REPORT
12 Cash in companys principal office 21013 15
13 Cash belonging to the company deposited in
bank 150932 09
market
Total cash items
15 Interest due and accrued on stocks not included in
value uncollected
17 Cash in hands of agents and in course of transmission
18 Bills receivable not matured taken for fire risks
All other assets both real and personal as per schedule at
tached viz Rents due and accrued 124974 due from
other companies for re insurance on losses already paid
1496672 Transatlantic 1492169 Manchester 206
Norwalk 4195 Pacific 102
Total assets of the company actual cash market value
Interest not collectable
Aggregate amount of all the assets of the company stated at
their actual value
IIILIABILITIES
1 Losses due and unpaid and to beoome due 51806 05
2 Gross losses in process of adjustment or jn sus
pense including all reported and supposed
losses 76133 22
3 Losses resisted including interest costs and
other expenses thereon 32817 40
171945 24
26266 65
324447 65
8074 47
16216 46
2864086 82
208 33
2863878 49
4
5
Total gross amount of claims for losses
Deduct reinsurance thereon
160756 67
6494 79
6 Net amount of unpaid losses
7 Gross premiums without any deduction re
ceived and receivable upon all unexpired fire
risks running one year or less from date of
policy 135284824 unearned premiums
fifty per cent
8 Gross premiums without any deduction re
ceived and receivable upon all unexpired fire
risks running more than one year from date
of policy 166806164 unearned premiums
pro rata iim
154261 88
670424 14
843886 12
11 Total unearned premiums as computed above carried out
18 Amount of borrowed money due other companies
19 All other demands against the company absolute and contin
gent due and to become due admitted and contested viz
Commissions and other charges due and to
become due to agents 57462 84
Return premiums 227904 reinsurance
4880146 51080 86
20 Total amount of all liabilities except capital stock scrip and
net surplus
23 Surplus beyond capital and all other liabilities
24 Aggregate amount of all liabilities including capital paid up
and net surplus
1520310 26
378 06
108543 70
1783493 90
1080384 59
2853878 49COMPTROLLERGENERALS REPORT
93
ITINCOME DURING THE YEAS
1 Gross premiums and bills in course of collec
tion at close of last previous year as shown
by that years statement 311429 35
2 Deduct amount of same not colleeted 844 71
3 Net collected 310584 64
4 Gross premiums on risks written and renewed
during the year 2533037 40
5 Total 2843622 04
6 Deduct premiums and bills in course of collec
tion at this date 341099 85
7 Entire premiums collected during the year 2502522 19
8 Deduct reinsurance and return premiums 732080 29
9 Net cash actually received for premiums carried out 1770
11 Received for interests and dividends on stocks and bonds col
lateral loans and from all other sources 81
12 Income received from all other sources omitting increase if
any in the value of securities 15
15 Aggregate amount of income actually received during the year
in cash
441 90
191 57
182 53
866816 00
TEXPENDITURES DURING THE YEAR
1 Gross amount actually paid for losses including
10482043 losses occurring in previous
years
2 Deduct all amounts actually received for sal
vages whether on losses of the last or of
previous year 8541 66 and all amounts
actually received for reinsurance in other
companies 12475341 total deductions
892643 67
133295 07
3 Net amount paid during the year for losses
6 Paid for commissions or brokerage
7 Paid for salaries fees and other charges of officers clerks
agents and all other employees
8 Paid for State national and local taxes in this and other
States
9 All other payments and expenditures viz Kent printing
stationery advertising legal and all other expenses
Aggregate amount of actual expenditures during the year in
cash
Business in the State of Georgia during the year
Fire risks written
Premiums received gross
Losses paid
Losses incurred
BUSINESS IN GEORGIA FOR YEAR ENDING APRIL 30 1898
Risks
Premiums
Losses
Tax
759
342
140
48
122
348 60
320 67
200 69
086 57
268 55
1412225 08
2553058 00
30027 89
7296 58
7399 58
1941319 00
27810 35
13841 30
278 10
94
COMPTROLLERGENERALS REPORT
THE MAGDEBURG FIRE INSURANCE COMPANY OF MAGDEBURG
GERMANY
IIASSETS
9 Total par and market value of stocks and bonds owned ab
solutely by the company carried out at market value
12 Cash in companys principal office 690 81
13 Cash belonging to the company deposited
in Nat Union Bank of N Y 527 04
Cash in hands of trustees deposited with
Central Trust Co of N Y 69337 15
Total cash items
15 Interest due and accrued on stocks not included in mar
ket value uncollected
17 Cash in hands of agents and in course of transmission gross
premiums as written in the policies in course of col
lection not more than three months due
Due from special agents
Total assets of the company actual cash market value
IIILIABILITIES
1 Losses due and unpaid 2500 00
2 Gross losses in process of adjustment or in
suspense including all reported and sup
posed losses 3946L 00
3 Losses resisted including interest costs
and other expenses thereon 3264 45
4 Total gross amount of claims for losses 45225 45
6 Net amount of unpaid losses 45225 45
7 Gross premiums without any deduction re
ceived and receivable upon all unexpired
lire risks running one year or less from
date of policy 41518860 unearned pre
miums fifty per cent 207594 31
8 Gross premiums without any deduction re
ceived and receivable upon all unexpired
Are risks running more than one year
from date of policy 12512761 unearned
premiums 82960 06
11 Total unearned premiums as computed above carried out
19 All other demands against the company absolute and con
tingent due and to become due admitted and con
tested viz Commissions brokerage and other charges
due and to become due to agents and brokers on pre
miums paid and in course of collection
Total
23 Surplus beyond capital and all other liabilities
24 Aggregate amount of all liabilities including capital
paid up and net surplus
739843 75
70555 00
6275 00
64525 57
530 00
881729 32
45225 45
290554 37
13447 92
349227 74
532501 58
881729 32COMPTROLLERGENERALS REPORT
95
IVINCOME DURING THE YEAR
On Fire Risks
1 Gross premiums and bills in course of col
lection at close of last previous year as
shown by that years statement 42918 86
3 Net collected 42918 86
4 Gross premiums on risks written and re
newed during the year 644313 23
5 Total 687232 09
6 Deduct premiums and bills in course of col
lection at this date 65299 41
7 Entire premiums collected during the year
Cash notes 621932 68
8 Deduct reinsurance and return premiums 111993 45
9 Net cash actually received for premiums
carried out 509939 23 509939 23
11 Received for interests and dividends on stocks and bonds
collateral loans and from all other sources 17431 45
15 Aggregate amount of income actually received during the
year in cash 527370 68
VEXPENDITURES DURING THE YEAR
On Fire Risks
1 Gross amount actually paid for losses in
cluding 311665 losses occurring in pre
vious years 146484 28
2 Deduct all amounts actually received for
salvages whether on losses of the last or
of previous years 42445 and all amounts
actually received for reinsurances in
other companies 560045 total deduc
tions 6024 90
3 Net amount paid during the year for
losses 140459 38 140459 38
6 Paid for commissions or brokerage 109024 59
7 Paid for salaries fees and other charges of officers clerks
agents and all other employees 42171 32
8 Paid for State national and local taxes in this and other
States 10805 51
9 All other payments and expenditures viz Advertising
stationery and printing traveling and office expenses
telegraph and express rents etc Total 55631 5R
10 Sent to home offices during the year 18474 99
Aggregate amount of actual expenditures during the
year in cash 358092 3R
7c6
COMPTROLLERGENERALS REPORT
Business in the State of Georgia during the Year
Fire marine and inland risks written
Premiums received gross
Losses paid
Losses incurred
Fire Risks
924039 00
12057 31
509 48
509 48
BUSINESS IX GEOKQIA FOR YEAR ENDING APRIL 30 1898
Risks
Premiums
Losses
Tax
889372 00
11678 89
1334 98
116 78
THE MANHATTAN FIRE INSURANCE COMPANY OF THE CITY OF
NEW YORK
ICAPITA
1 Whole amount of capital stock
2 Amount paid up in cash
250000 00
250000 00
9 Total par and market value of stocks and bonds owned
absolutely by the company carried out at market value
12 Cash in companys principal office 223 70
13 Cash belonging to the company deposited in
bank as follows National Park Rank 18
63407 Columbia Bank 1827483 total 37132 60
Total cash items
17 Balances in hands of agents and in course of transmis
sion
All other assetsboth real and personal as follows
Cash deposited with Guarantee Trust and Safe
Deposit Company Philadelphia
Total assets of the company actual cash market
value
IIILIABILITIES
1 Losses due and unpaid and to become due 15223 80
2 Cross losses in process of adjustment or in
cluding all reported and supposed losses 67265 53
3 Losses resisted including interest costs and
other expenses thereon 10222 42
4 Total gross amount of claims for losses
5 Deduct reinsurance thereon
92711 55
9379 74
6 Net amount of unpaid losses
15 Dividends declared and remaining unpaid or uncalled for
Outstanding interestbearing receipts
18 Amount of borrowed money
641115 00
37132 60
71229 00
200 00
749676 60
83331 81
595 78
11001 70
100000 00COMPTROLLERGENERALS REPORT
97
L9
20
21
23
24
All other demands against the company absolute and
contingent due and to become due admitted and con
tested viz Taxes 555928 reinsurance10452010
sundry bills due 1669754
Total amount of all liabilities except capital stock
scrip and net surplus
Joint stock capital actually paid up in cash
Surplus beyond capital and all other liabilities
Aggregate amount of all liabilities including capital paid
up and net surplus
IVINCOME DURING THE YEAR
Reported last year as net 94319 76
Add for com etc to make gross 19599 45
Gross premiums and bills in course of collec
tion at close of last previous year as shown
by that years statement 113919 21
Net collected 113919 21
Gross premiums on risks written and renewed
during the year 798106 80
Total 912026 01
Deduct premiums and bills in course of collec
tion at this date 106843 50
Entire premiums collected during the year
Deduct reinsurance and return premiums
805182 51
338353 96
13
15
Net cash actually received for premiums car
ried out 466828 55
Received for interest and dividends on stocks
and bonds collateral loans and from all
other sources
Income received from all other sources omitting increase
if any in value of securities viz Profits on sales of
bonds 934313 excess payment Broadway Insurance
Company 5467 total
Received for calls on capital for increase capital
2500000 total
Aggregate amount of income actually received during the
year in cash
EXPENDITURES DURING
nil year
On Fire Risks
126776 92
321706 21
250000 00
177970 39
749676 60
466828 55
22978 00
9397 80
26000 00
524204 35
1 Gross amount actually paid for losses includ
ing 7430742 losses occurring in previous
years 405381 55
2 Deduct all amounts actually received for sal
vages whether on losses of the last or of
previous year 552910 and all amounts
actually received for reinsurances in other
companies 1715248 total deductions 2268158
3 Net amount paid during the year for losses 3S2699 97 382699 9798
COMPTROLLERGENERALS REPORT
4 Cash dividends actually paid stockholders amount of
stockholders dividends declared during the year 28423 07
5V Scrip or certificates of profits redeemed in cash and in
terest paid to scripholders 5519 21
6 Paid for commissions or brokerage 103935 03
7 Paid for salaries fees and other charges of officers clerks
agents and all other employees 87671 54
8 Paid for State national and local taxes in this and other
States 2661172
9 All other payments and expenditures viz Furniture
and fixtures 87156 legal expenses 1003460 rent
947354 advertising 261780 printing and station
ery 478933 postage 382749 expense 932101
traveling expenses 1996 map 551279 com fees
29051 sta expense 780745 assessment 22924
total 59385 81
Loss on sales of bonds and ledger assets 8333 30
Aggregate amount of actual expenditures during
the year in cash 702579 65
Business in the State of Georgia During the Year
Fire Risks
Premiums received gross490 71
Losses paid 487 89
BUSINESS IN GEORGIA FOB YEAR ENDING APRIL 30 1898
Risks200000 00
Premiums 1633 25
Tax 16 33
THE MANCHESTER FIRE ASSURANCE COMPANY OF MAN
CHESTER ENGLAND
ICAPITAL
1 Whole amount of capital stock 10000000 00
2 Amount paid up on cash 1000000 00
IIASSETS
2 Loans on bond and mortgage duly recorded and being
fi rst liens on the fee simple
3 Interest due on all said bond and mortgage loans
interest accrued thereon 820 total
4 Value of lands mortgaged exclusive of buildings and per
ishable improvements at least 600
9 Total par and market value of stocks and bonds owned
absolutely by the company carried out at market value
12 Cash in companys principal office
13 Cash belonging to the company deposited in bank Bank
of British N Am San Francisco 6056 Union Nat
Bank Chicago 2786177 Bank of America N V
1503956 Morton Bliss Co N Y 273900 total
350 00
20
1546517
406
50
316861 89COMPTROLLERGENERALS REPORT
99
15 Interest due and accrued on stocks not included in mar
ket value uncollected 7937 50
17 Cash in hands of agents and in course of transmission
gross premiums in course of collection 236506 18
17 Bills receivable not matured taken for Are marine and
inland risks 731 17
All other assets both real and personal as per schedule
attached viz Rents due from other com
panies for reinsurance on losses already paid Hart
ford2069 jEtna 312 Firemens Fund 313 Penn
sylvania 11745 Nat Conn 634 Phcenix London
634 HamburgBremen 272 Royal 455 State of
Illinois 285320 Fidelity la 1457 special agents
13879 sundries 281346 5984 36
Total assets of the company actual cash market value 2115303 59
IIILIABILITIES
1 Losses due and unpaid 92061 57
2 Gross losses in process of adjustment or in
suspense including all reported and sup
posed losses 73130 32
3 Losses resisted including interest costs
and other expenses thereon 57370 85
4 Total gross amount of claims for losses 222062 74
5 Deduct reinsurance thereon 19832 09
6 Net amount of unpaid losses
7 Gross premiums without any deduction
received and receivable upon all unex
pired fire risks running one year or less
from date of policy 105289714 un
earned premiums fifty per cent 526448 57
8 Gross premiums without any deduction
received and receivable upon all unex
pired fire risks running more than one
year from date of policy 105019663
unearned premiums pro rata 425864 98
11 Total unearned premiums as computed above carried
out
17 Due and accrued for salaries rent advertising and for
agency and other miscellaneous expenses
19 All other demands against the company absolute and
contingent due and to become due admitted and con
tested viz Commissions brokerage etc due to
agents and brokers on premiums paid and in course of
collection 4171672 return premiums 1141417 re
insurance 738048 total
20 Total amount of all liabilities except capital stock
scrip and net surplus
23 Surplus beyond capital and all other liabilities
24 Aggregate amount of all liabilities including capital
paid up and net surplus
203230 65
1052313 55
1918 25
60511 37
1317973 82
797329 77
2115303 59100
COMPTROLLERGENERALS REPORT
IVINCOME DURING THE YEAR
1 Gross premiums and bills in course of col
lection at close of last previous year as
shown by that years statement
2 Deduct amount of same not collected
273754 25
12000 00
261754 25
3 Net collected
4 Gross premiums on risks written and re
newed during the year 1786946 56
Total 2048700 81
6 Deduct premiums and bills in course of col
lection at this date 256068 43
7 Entire premiums collected daring the year
8 Deduct reinsurance and return premiums
Id
1792632 38
451046 53
9 Net cash actually received for premiums
carried out 1341585 851341585 85
10 Received for interest on bonds and mortgages 12 00
11 Received for interests and dividends on stocks and bonds
collateral loans and from all other sources 69594 50
15
Aggregate amount of income actually received dur
ing the year in cash
1411192 35
VEXPENDITURES DURING THE YEAR
Gross amount actually paid for losses in
cluding 11242813 losses occurring in
previous years 726397 1L
Deduct all amounts actually received for
salvages whether on losses of the last or
of previous year 614672 and all
amounts actually received for reinsur
ances in other companies 6976754 total
deductions 75914 26
Net amount paid during the year for
losses 650482 85 650482 85
Paid for commissions or brokerage 269483 67
Paid for salaries fees and other charges of officers clerks
agents and all other employees 110011 35
Paid for State national and local taxes in this and other
States 57257 67
All other payments and expenditures viz Stationery
postage advertising board traveling rent and sun
dries total 76609 59
Amount sent to home office during the year 1154017 68
Aggregate amount of actual expenditures during the
year in cash
Business in the State of Georgia During the
Fire marine and inland risks writ ten
Premiums received gross
Losses paid
Losses incurred
Ye
1163845 13
1137006 00
15899 41
4164 42
4121 79COMPTROLLERGENERALS REPORT 101
BUSINESS IN GEORGIA FOR YEAR ENDING APRIL 30 1898
Kisks 1112175 00
Premiums 16400 77
Losses 4908 47
Tax 1640O
THE NATIONAL FIRE INSURANCE COMPANY OF HARTFORD
CONN
ICAPITAL
1 Whole amount of capital stock 1000000 CO
2 Amount paid up in cash 1000000 00
IIASSETS
1 Market value of real estate owned by the company less
the amount of incumbrances thereon 252978 40
2 Loans on bond and mortgage duly recorded and being
first liens on the fee simple 774015 97
4 Value of lands mortgaged exclusive of buildings and
perishable improvements 1199050 00
5 Value of buildings mortgaged insured
for 80740500 as collateral 1279650 00
6 Total value of said mortgaged
premises carried inside 2478700 00
9 Total par and market value of stocks and bonds owned
absolutely by the company carried out at market
value 277112900
11 Cash in companys office 834 10
13 Cash deposited in banks viz
Charter Oak National Bank 116258 93
Hartford National Bank 80954 39
Continental National Bank 38636 31
National Bank of Illinois 5501 47
Union Trust Company 7011 59
Total casli items 249196 79
17 Gross premiums in course of collection 385698 70
Total assets of the company actual cash market value 4433018 86
IIILIABILITIES
1 Losses not due and unpaid 80620 03
2 Gross losses in process of adjustment or in
suspense including all reported and sup
posed losses 67743 34
3 Losses resisted including interest costs
and other expenses thereon 19216 64
4 Total gross amount of claims for losses 167580 01
Net amount of unpaid losses 167580 01102
COMPTROLLERGENERALS REPORT
Gross premiums without any deduction re
ceived and receivable upon all unexpired
fire risks running one year or less from
date of policy 154906274 unearned pre
miums fifty per cent 774531 37
Gross premiums without any deduction re
ceived and receivable upon all unexpired
fire risks running more than one year
from date of policy 190908153 un
earned premiums pro rata 960413 97
1
Total unearned premiums as computed above car
ried out
19 All other demands against the company absolute and con
tingent due and to become due admitted and con
tested viz Commissions brokerage etc 7431825
return premiums and reinsurance 5075576
Reserve fund for contingencies
20 Total amount of all liabilities except capital stock
scrip and net surplus
21 Joint stock capital actually paid up in cash
23 Surplus beyond capital and all other liabilities
24 Aggregate amount of all
paid up and net surplus
labilities including capital
1734945 34
125074 01
25000 00
2052599 36
1000000 00
1380419 50
4433018 86
IVINCOME DURING THE YEAR
dross premiums and bills in course of col
lection at close of last previous year as
shown by that years statement 379603 56
379603 56
Net collected
Gross premiums on risks written and re
newed during the year 2510923 39
Total 2890526 95
Deduct premiums and bills in course of col
lection at this date 385698 70
7 Entire premiums collected during the year 2504828 25
8 Deduct reinsurance and return premiums 101809 22
9 Net cash actually received for premiums
carried out
Received for interest on bonds and mortgages
Received for interests and dividends on stocks and bonds
collateral loans and from all other sources
Income received from all other sources viz Rents
Aggregate amount of income actually received during
t he year in cash
VEXPENDITURES DURING THE YEAR
1 Cross amount actually paid for losses in
cluding 13252441 losses occurring in
previous years 1073483 04
lo
11
12
15
2103019 03
43487 96
129707 33
187 10
276401 42COMPTROLLERGENERALS REPORT 108
2 Deduct all amounts actually received for
salvages whether on losses of the last or
of previous year 790991 and all
amounts actually received for reinsur
ance in other companies 9040183 total
deductions 98311 74
3 Net amount paid during the year for
losses 975171 30 975171 30
4 Cash dividends actually paid stockholders amount of
stockholders dividends declared during the year 120000 00
6 Paid for commissions or brokerage 393706 91
7 Paid for salaries fees and other charges of officers clerks
agents and all other employees 187723 67
8 Paid for State national and local taxes in this and other
States 62775 03
9 All other payments and expenditures viz Advertising
stationery and miscellaneous 177113 71
Profit and loss 2 072 59
Aggregate amount of actual expenditures during the
year in cash 1918563 21
Business hi the Sintr of Georgia during the year
Fire risks written 1853661 00
Premiums received gross 21 791 85
Losses paid 13062 23
Losses incurred 15 359 9
BUSINESS IX GEORGIA FOR YEAR 1898
Kisks 2062686 00
Premiums 21 024 86
Losses 15059 60
Tax 210 24
NIAGARA FIKE INSURANCE COMPANY OF NEW YORK N Y
1 Whole amount of capital stock
2 Amount paid up in cash
500000 00
500000 00
II ASSETS
1 Market value of real estate owned by the company less the
amount of incumbrances thereon 1000000 00
2 Loans on bond and mortgage duly recorded and being first
liens on the fee simple 302700 00
3 Interest due on all said bond and mortgage loans 3684 10
5 Value of buildings mortgaged insured for 23750000
6 Total value of said mortgaged premises
carried inside 520450 00
9 Total par and market value of stocks and bonds owned
absolutely by the company carried out at market value 1074955 00
12 Cash in companys principal office 393 91 104 COMPTROLLERGENERALS REPORT
ia Cash belonging to the company deposited in bank National Park Bank 34 871 92
Continental Trust Co 85 000 00
15 Total cash items 120265 83
Interest due and accrued on stocks not included in market
17 value uncollected etc 4202 254382 31 38
Cash in hands of agents and in course of transmission
18 Bills receivable not matured taken for fire marine and in
333 34
All other assets both real and personal viz Rents due and
accrued 420498 due from other companies fur reinsur
ance on losses already paid 209863 Caledonian etc
and other balances 130482 7599 43
Total assets of the company actual cash market vualuo
2767722 45
IIILIABILITIKS
4 Total gross amount of claims for losses 147992 79
5 6 7 Deduct reinsurance thereon 14 930 12 133062 67

Net amount of unpaid losses
Gross premiums without any deduction re
ceived and receivable upon all unexpired fire
risks running one year or less from date 01
policy 112578547 unearned premiums

8 Gross premiums without any deduction received and receivable upon all unexpired fire risks running more than one year from date of policy 137543531 unearned premiums
11 1297624 47
Total unearned premiums as computed above carried out
19 All other demands against the company absolute and contingent due and to become due admitted and contested viz Commissions etc 4324500 reinsurance 502
20 42800 reserve for contingent liability 75000 00 123269 28
Total amount of all liabilities except capital stock scrip
and net surplus 1553956 42
21 Joint stock capital actually paid up in cash 500000 00
23 24 Surplus beyond capital and all other liabilities 713706 03

Aggregate amount of all liabilities including capital paid up
and net surplus 2767722 45
IV INCOME DURING THE YEAR
On Fire Risks
1 Gross premiums and bills in course of collection at close of last previous year as shown
8 by that years statement 259 517 31


4 Gross premiums on risks written and renewed during the year 2 133 295 22
5

COMPTROLLERGENERALS REPORT
105
6 Deduct premiums and bills in course of collec
tion at this date
254382 38
7 Entire premiums collected during the year 2138430 15
8 Deduct reinsurance and return premiums 514835 15
9 Net cash actually received for premiums
carried out 1623595 00 1623595 00
10 Received for interest on bonds and mortgages 7097 05
11 Received for interests and dividends on stocks and bonds col
lateral loans and form all other sources 44442 58
12 Income received from all other sources viz Rents 2732800
total 27328 OH
15 Aggregate amount of income actually received during the
year in cash
VEXPENDITURES DURINQ THE YEAR
1702462 58
On Fire Risks
1 Gross amount actually paid for
losses including loses
occurring in previous years
2 Deduct all amounts actually re
ceived for salvages whether
on losses of the last or of pre
vious year
868556 01
129231 70
On Marine and
Inland Risks
7557 67
6270 47
3 Net amount paid during the
year lor losses 739324 31 1287 20
4 Cash dividends actually paid stockholders amount of stock
holders dividends declared during the year 50000 00
6 Paid for commissions or brokerage
7 Paid for salaries fees and other charges of officers clerks
agents and all other employees
8 Paid for State national and local taxes in this and other States
9 All other payments and expenditures viz Traveling rent
stationery etc
Aggregate amount of actual expenditures during the year in
cash
Business in the State of Georgia Daring the Year
740611 51
50262 50
306868 13
158427 68
40594 51
130704 31
Fire risks written
Premiums received gross
Losses paid
Losses incurred
1427368 64
Fire Risks
843809 00
13705 67
3190 75
2788 11
BUSINESS IN GEORGIA FOR YEAR ENDING APRIL 30 1898
Risks
Premiums
Losses
Tax
868245 00
11298 73
5287 24
112 98106
COMPTROLLERGENERALS REPORT
40000 00
450 00
THE NORWICH UNION FIRE INSURANCE SOCIETY OE ENGLAND
ICAPITAL
1 Whole amount of capital stock 5
2 Amount paid up cash 660000 00
II ASSETS
Loans on bond and mortgage duly recorded and bein first
liens on the fee simple
3 Interest due on all said bond and mortgage loans 300 inter
est accrued thereon 150 total
4 Value of lands mortgaged exclusive of build
ings and perishishable improvements
5 Value of buildings mortgaged insured for 0000 00
40000 as collateral
6 Total value of said mortgaged premises carried
infide 8000000
lotal par and market value of stocks and bonds owned abso
lutely by the company carried out at market value i 982 055 00
12 Cash in companys principal office 2 121 82
13 Cash belonging to the company deposited in
bank Bank of New York
Bank of America
Bank of British North America
110135 53
75707 67
3511 83
Total cash items
15 Interest due and accrued on stocks not included
value uncollected
17 Cash in hands of agents and in course of tran
in market
smission
Total assets of the company actual cash market value
HILIABILITIES
191476 85
24297 83
176602 20
2414881 88
1 Losses due and unpaid
2 Gross losses in process of adjustment or in sus
pense including all reported and supposed
losses
3 Losses resisted inoludin
other expenses thereon
g interest costs and
Total gross amount of claims for losses
Deduct reinsurance thereon
56322 65
45843 21
19732 43
121898 29
3217 68
Net amount of unpaid losses
Gross premiums without any deductionreceived
and receivable upon all unexpired tire risks
running one year or less from date of policy
115955578 unearned premiums fifty per
118680 61
cent
8 Gross premiums without any deduction received
and receivable upon all unexpired fire risks
running more than one year from date of
policy 114022123 unearned premiums
pro rata
579777 89
568973 01
11 Total unearned
premiums as computed above carried ont
1148750 90COMPTROLLERGENERALS REPORT
lor
17 Due and accrued for salaries rent advertising and for agency
and other miscellaneous expenses 1498 01
19 All other demands against the company absolute and contin
gent due and to become due admitted and contested viz
State city county or other taxes and assessments 13
50535 commissions brokerage and other charges due and
to become due to agents and brokers on premiums paid and
in course of collection 3336826 returned premiums
782523 reinsurance 848529 total 63184 13
20 Total amount of all liabilities except capital stock and net
surplus
23 Surplus beyond capital and all other liabilities
24 Aggregate amount of all liabilities including capital paid up
and net surplus
IVINCOME DURING THE YEAR
1 Gross premiums and bills in course of collec
tion at close of last previous year as shown
by that years statement
1332113 65
1082768 23
2414881 88
161145 97
9
10
11
14
15
161145 97
N et collected
Gross premiums on risks written and renewed
during the year 1882312 90
Total 2043458 87
Deduct premiums and bills in course of collec
tion at this date 190 564 84
Entire premiums collected during the year 1852894 03
Deduct reinsurance and return premiums 392587 90
Net cash actually received for premiums carried out
Received for interest on bonds and mortgages
Received for interests and dividends on stocks and bonds col
lateral loans and from all other sources
Amount of remittances from home office dur
ing the year
6757 02
Aggregate amount of income actually received during the year
in cash
VEXPENDITURES DURING THE YEAR
1460306 13
1500 00
79538 53
1541354 66
1 Gross amount actually paid for losses
2 Deduct all amounts actually received for sal
vages whether on losses of the last or of
previous year 902683 and all amounts
actually received for reinsurances in other
companies 5396380 total deductions
859165 87
62990 63
3 Net amount paid during the year for losses
6 Paid for commissions or brokerage
7 Paid for salaries fees and other charges of officers clerks
agents and all other employees
8 Paid for State national and local taxes in this and other States
796175 24
259867 07
139692 17
20389 33308 COMPTROLLERGENERALS REPORT
9 All other expenditures viz Postage advertising stationery
a rentet 117313 80
10 Amount sent to home office during the year 128265 56
Aggregate amount of actual expenditures during the year in
Cash 1333437 61
Business in the State of Georgia during the year
Fire risks written 2409925 00
1 remmms received gross 35 198 58
ssespaidi 2068i4i
Losses incurred 20675 03
BUSINESS IN GEORGIA FOR THE YEAR ENDING APRIL 30 1898
uISkS 2350252 00
TPremiUms 86124 24
iSSeS 2281841
TaX 36124
CNlTED STATES BRANCH OF THE NORTH BRITISH M
MERCANTILE INSURANCE COMPANY OF LONDON AND
EDINBURGH
ICAPITAL
1 Whole amount of capital stock 15000000 00
2 Amount paid up in cash 3437500 00
IIASSETS
9 Total par and market value of stocks and bonds owned
absolutely by the company carried out at market value 3484 573 00
11 Gash in companys principal offices 18924 74
13 Cash belonging to the compony deposited in
bank J P Morgan Co bankers N Y
City 40719479 Merchants Natl Bank
New York 10000 uninvested cash trust
fund with T P Morgan A Co bankers
576122 total 422956 01
Total cash items Wl
15 Interest due and accrued on stocks not included in market
value uncollected rio1
17 r 5491o 00
17 Gash m hands of agents and in course of transmission 395 675 17
IS Hills receivable not matured taken for lire risks l 917 87
All other assets both real and personal as per schedule
attached viz Rents due and accrued due
from other companies for reinsurance on losses already
pad 1222 NY Coffee Exchange700 Buffalo Board
1 rid 50 Factory Ins Assn 500 Philadelphia Tariff
Assn 100 Milwaukee Und Bldg Assn 181 total 1543 22
Total assets of he company actual cash market value 43SO505 01COMPTROLLERGENERALS REPORT
109
IIILIABILITIES
1 Losses due and unpaid
2 Gross losses in process of adjustment or in
suspense including all reported and sup
posed losses
3 Losses resisted including interest costs and
other expenses thereon
Total gross amount of claims for losses
Deduct reinsurance thereon
40794 83
158775 40
9841 90
209412 13
6651 40
202760 73
6 Net amount of unpaid losses
7 Gross premiums without any deduction re
ceived and receivable upon all unexpired
fire risks running one year or less from
date of policy 179588642 unearned
premiums 897943 21
8 Gross premiums without any deduction re
ceived and receivable upon all unexpired
fire risks running more than one year
from date of policy 208851025 un
earned premiums pro rata 1072349 98
202760 73
11
Total unearned premiums as computed
above carried out
12 Reclaimable on perpetual fire insurance policies
18 Amount of borrowed money amounts to credit of special
agents and resident secretaries
19 All other demands against the company absolute and
contingent due and to become due admitted and con
tested viz Commissions brokerage and other charges
due and to become due to agents and brokers on pre
miums paid and in course of collection
20 Total amount of all liabilities except capital stock
scrip and net surplus
23 Surplus beyond capital and all other liabilities
24
Aggregate amount of all liabilities including capital
paid up and net surplus
1970293 19
6684 75
9691 74
80684 20
2270114 61
2110390 40
4380505 01
IVINCOME JHRING THE YKAR
1 Gross premiums and bills in course of col
lection at close of last previous year as
shown by that years statement
417911 42
417911 42
3 Net collected
4 Gross premiums on risks written and re
newed during the year 3031663 09
5 Total 3449574 51
6 Deduct premiums and bills in course of col
lection at this date 428615 17
7 Entire premiums collected during the year 3020959 34
8 Deduct reinsurance and return premiums 543941 10110
COMPTROLLERGENERALS REPORT
9 Net cash actually received for premiums
carried out 2477018 24 2477018 24
11 Received for interests and dividends on stocks and bonds
collateral loans and from all other sources 165704 28
15 Aggregate amount of income actually received dur
ing the year in cash
VEXPENDITURES DURING THE YEAR
1 Gross amount actually paid for losses in
cluding 18984121 losses occuring in pre
vious years 1277025 00
2 Deduct all amounts actually received for
salvage whether on losses of the last
or of previous year 1130171 and all
amounts actually received for reinsur
ances in other companies 4865445 total
deductions 59956 16
2642722 52
3 Net amount paid during the year for
losses 1217068 84 1217068 84
6 Paid for commissions or brokerage
7 Paid for salaries fees and other charges of officers clerks
agents and all other employees
8 Paid for State national and local taxes in this and other
States
9 All other payments and expenditures viz Local and
other board expenses rent stationery supplies to
agents advertising office expenses etc 110094 75
Aggregate amount of actual expenditures during the
year in cash 2 022 441 75
415574 14
214306 00
65398 02
Business in the State of Georgia During the Year
Fire marine and inland risks written
Premiums received gross
Losses paid
Losses incurred
441237 00
39689 30
23944 99
28008 01
BUSINESS IX GEORGIA FOR YEAR ENDING APRIL 30 1898
Risks 3084581 00
Premiums 43093 87
Losses 28138 33
Tax 430 93
THE UNITED STATES BRANCH NORTHERN ASSURANCE COM
PANY OK LONDON ENGLAND
ICAPITAL STOCK
1 Amount of capita stock authorized15000000 00
subscribed for 15000000 00
2 Amount of capital paid up in cash 1500000 00
Amount of net ledger asssets December 31 of previous
year
1786650 27COMPTROLLERGENERALS REPORT
111

IIINCOME DURING THE YEAR
As shown by the books at home office at close of business Deeember 31
1 Gross premiums and bills unpaid at close of
previous year as shown by that years
statement 218748 54
2 Deduct amount of same not collected 1834 89
3 Net collected 216913 65
4 Gross premiums written and renewed dur
ing the year 1485641 59
5 Total 1702555 21
6 Deduct gross premiums and bills in course
of collection at this date 213093 17
7 Entire premiums collected during the year 1489462 04
8 Deduct reinsurance rebate abatement
and return premiums 474780 75
9 Received for premiums other than per
petuals 1014681 29 1014681 29
11 Rents from companys property including
7000 for companys use of own buildings 7000 00
13 Interest and dividends on stocks and bonds
62715 from all other sources 40932 63124 32
Total rents and interest 70124 32
15 Received from head office during the year 33260 22
16 From all other sources viz Changes in December 1896
accounts after preparation of statement of that year 104 03
Total income during the year 1118169 86
Total footings 2904820 13
IIIDISBURSEMENTS DURING YEAR
As shown by the books at home office at close of business December 31
1 Gross amount paid for losses including
5514807 occurring in previous years 655863 41
2 Deduct amounts received for salvages on
losses of the last or of previous years
518646 and from reinsurance in other
companies 12075082 125936 28
3 Net amout paid during the year for losses 529927 13 529927 13
7 Commissions or brokerage to agents less received on re
insurances 143613 54
9 Rents including 7000 for companys use of own build
ings 14400 04
10 Salaries fees and all other charges 85219 49
11 Taxes on premiums 25144 31
12 Insurance department fees and agents licenses 666403
municipal licenses 394536 tax on franchise 1
92543 12534 82
8c112
COMPTROLLERGENERALS REPORT
13 Advertising printing and stationery 960599 legal ex
penses 43005 furniture and fixtures 8100 miscel
laneous 9686486
15 Remitted to head office during the year
106981 90
216200 93
Total expenditures during the year 1134022 16
Balance 1770797 97
invested in the following
IVLEDGER ASSETS
As per ledger accounts shown by the books at home office at close of business
December 31
1 Book value of real estate unincumbered 115000 00
4 Book value of bondse xcluding interest 1
382480 and stocks 202000 1584480 00
5 Cash in companys offices 1829 62
Deposited in banks Merchants Loan and
Trust Co Chicago 1602624 Northern
Trust Co Chicago 121068 National
Bank of Commerce New York 5044585
Bank of British Columbia San Francisco
334188 71024 65
6 Bills receivable 258672 agents debit
balances 83958 3426 30
Total 1775760 57
Deduct Ledger Liabilities
7 Agentscredit balances 64728 all other
K31532 496260
Total net ledger assets 1770797 97
NONLEDGER ASSETS
9 Interest due 1396250 and accrued 6
85487 on bonds and stocks
20817 37
Total carried out
14 Market value not including interest in item 9 of bonds
and stocks over book value
15 dross premiums in course of colled ion De
cember 31 not more than three months
due 207921 89
16 Deduct cost of collection commission and
brokerage 27626 58
20817 37
972 50
17 Net amount of uncollected premiums not more than three
months due
18 Cross premiums in course or collection December31 more
than three months due carried in 700617 due from
Mutual Fire Ins Co of N Y for losses paid
180295 31
630 86
Gross assets 1973514 01
Deduct Assets mil Admitted
3 Agents debit balances unsecured 816 38
Total admitted assets 1 970697 63COMPTROLLERGENERALS REPORT
113
VNONLEDGER LIABILITIES
1 Losses adjusted and unpaid due 437565
not yet due 612124 10496 89
2 Losses in process of adjustment or in sus
pense including all reported and sup
posed losses 100677 85
3 Losses resisted not outlawed including
interest costs and other expenses thereon 22570 50
19
20
Total amount of claims for losses
Deduct reinsurance due or accrued
133745 24
14772 83
Net amount of unpaid losses
Gross premiums less reinsurance re
ceived and receivable upon all unexpired
fire risks running one year or less from
date of policy including interest premi
ums on perpetual lire risks 943087x3
unearned premiums fifty per cent
Gross premiums less reinsurance re
ceived and receivable upon all unexpired
fire risks running more than one year
from date of policy 95687826 unearn
ed premiums pro rata
118972 41
471543 77
467104 53
11 Total unearned premiums as computed above
18 Salaries rent expenses taxes bills accounts fees etc
due or accrued
Commissions brokerage and other charges
due to agents and brokers on premiums
paid
Return premiums 2130796 and reinsur
ance premiums 292747
938648 30
1500 30
24 15
24325 43 24349 58
22 Total amount of all liabilities
25 Divisible surplus
1083470 59
889227 04
Total
1972697 63
Business hi the State of Georgia During the Year
15 Gross written risks 2365216 00
16 Gross premiums received
17 Losses paid
18 Losses incurred
25199 28
14143 95
14558 95
BUSINESS IN GEORGIA FOR YEAR ENDING APRIL 30 1898
Risks
Premiums
Losses
Tax
24526 68
14987 41
245 26114
COMPTROLLERGENERALS REPORT
THE ORIENT FIRE INSURANCE COMPANY OF HARTFORD CONN
ICAPITAL
1 Whole amount of capital stock
2 Amount paid up in cash 500000 00
IIASSETS
1 Market value of real estate owned by the company less
the amount of incumbrances thereon
2 Loans on bond and mortgage duly recorded and being
first liens on the fee simple
3 Interest due on all said bond and mortgage loans 2133
15 interest accrued thereon 345049 total
5 Value of buildings mortgaged insured for
127750 as collateral
6 Total value of said mortgaged premises
carried inside No separate valua
tions made 906267 00
9 Total par and market value of stocks and bonds owned ab
solutely by the company carried out at market value
10 Amount of stocks bonds and all other securities except
mortgages hypothecated to the company as collateral
security for cash actually loaned by the company with
the par and market value of the same and the amount
loaned on each
Total Amount
Total Market Loaned
Par Value Value Thereon
4 shares Etna Fire In
surance Co 400 00 1100 00 400 00
24 shares Adams Ex
press Co 2400 00 3720 00 1350 00
500000 00
58959 43
267350 66
5583 64
1705088 63
11 Total par and market
value and amount
loaned thereon 2800 X 4820 00 1750 00
12 Cash in companys principaloffice 9356 33
13 Cash belonging to the company deposited
in bank American National Bank 40
45292 City Bank 5418709 Farmers
and Mechanics National Bank 1303600
United States Bank 71411 total 108390 12
Total cash items 17746 45
15 Interest due and accrued on stocks not included in mar
ket value uncolleeted 12385 34
16 Interest due and accrued on collateral loans and uncol
lected 52 50
17 Cash in hands of agents and in course of transmission 177559 94
All other assets both real and personal as per schedule
attached viz Rents due and accrued 207 90
Total assets of the company actual cash market
value 2346684 49COMPTROLLERGENERALS REPORT
115
IIILIABILITIES
1 Losses due and unpaid2 Gross losses in
process of adjustment or in suspense in
cluding all reported and supposed losses 149162 25
3 Losses resisted including interest costs and
other expenses thereon 20871 25
4 Total gross amount of claims for losses 170033 50
5 Deduct reinsurance thereon 18528 14
6 Net amount of unpaid losses
7 Gross premiums without any deduction re
ceived and receivable upon all unexpired
fire risks running one year from date of
policy 91596954 unearned premiums
fifty per cent
8 Gross premiums without any deduction re
ceived and receivable upon all unex
pired fire risks running more than one
year from date of policy 95922789 un
earned premiums pro rata 487568 29
9 Gross premiums without any deduction
including both cash and bills received
and receivable upon all unexpired inland
navigation and marine risks 2869531 50
per cent
151505 36
457984 77
14347
11
20
21
23
24
959900 72
Total unearned premiums as computed above carried
out
Total amount of all liabilities except capital stock
scrip and net surplus 1111406 08
Joint stock capital actually paid up in cash 500000 00
Surplus beyond capital and all other liabilities 735278 41
Aggregate amount of all liabilities including capital
paid up and net surplus 2346684 49
IVINCOME DURING THE YEAR
On Fire
Kisks
On Marine and
Inland Risks
Gross premiums and bills in
course of collection at close of
last previous year as shown by
that years statement 268803 26 1271 18
Deduct amount of same not col
lected 7054 33
Net collected 251748 93 1271 18
Gross premiums on risks written
and renewed during the year 1603420 76 35754 73
Total 8r5169 69 37025 9
Deduct premiums and bills in
courseofcollectionatthisdate 250472 66 3184 40
7 Entire premiums col lected during
the year1604697 03
33841 51116
COMPTROLLERGENERALS REPORT
8 Deduct reinsurance and return
premiums 375832 97
9 Net cash actually received for pre
miums carried out1228864 06 28285 74 1257149 80
10 Received for interest on bonds and mortgages 14233 05
11 Received for interests and dividends on stocks and bonds
collateral loans and from all other sources 77810 12
12 Income received from all other sources omitting increase
if any in value of securities viz Rents 679 19
15
Aggregate amount of income actually received during
the year in cash 1349872 16
VEXPENDITURES DURING THE YEAR
On Fre
1 Gross amount actually paid for
losses including 12872535
losses occurring in previous
years 746450 54
2 Deduct all amounts actually re
ceived for salvages whether
on losses of the Last or of pre
vious year if934004 and all
amounts actually received
for reinsurance in other
companies 6011816 total
deductions 65625 42
On Marine an1
Inland Risk
21484 94
3832 78
3 Net amount paid during the
year for losses 680825 12
4 Cash dividends actually paid stockholders amount of
stockholders dividends declared during the year
6 Paid for commissions or brokerage
7 Paid for salaries fees and other charges of officers clerks
agents and all other employees
8 Paid for State national and local taxes in this and other
States
9 All other payments and expenditures viz General ex
pense account
17652 16 698477 28
50000 00
240128 17
109946 75
33091 06
81895 51
Aggregate amount of actual expenditures during the
year in cash 1213538 77
Business in fin State of Georgia during tin year
Fire risks written 1901 535 q
Premiums received gross 29159 1 1
Losses paid La003 35
Losses incurred 19917 47
BUSINESS IN GEORGIA FOR T1IE YEAH ENDING APRIL 30 1898
Hisks 1897580 00
Premiums i071 m
LW 24447 86
Tax 309 71COMPTROLLERGENERALS REPORT 117
THE PACIFIC FIRE INSURANCE COMPANY OF NEW YORK N Y
ICAPITAL
1 Whole amount of capital stock 200000 00
2 Amount paid up in cash 200000 00
2 Loans on bond and mortgage duly recorded and being
first liens on the fee simple
3 Interest due on all said bond and mortgage loans
interest accrued thereon
4 Value of lands mortgaged exclusive of
buildings and perishable improvements 204000 00
5 Value of buildings mortgaged insured for
259000 as collateral 288000 00
6 Total value of said mortgaged premises
carried inside 492000 00
9 Total par and market value of stocks and bonds owned
absolutely by the company carried out at market
value
10 Amount of stocks bonds and all other securities except
mortgages hypothecated to the company as collateral
security for cash actually loaned by the company with
par and market value of the same and the amount
loaned on each
259000 00
2136 75
Total
Par Value
2 Syracuse Binghamton
and New York R R
bond 2000 00
Total
Mariet
Value
Amount
Loaned
Thereon
2300 00 1000 00
2300 00
11 Total par and market value
and amount loaned there
on 2000 00
12 Cash in companys principal office
13 Cash belonging to the company deposited
in bank Pacific Bank
1000 000
3452 18
17614 37
Total cash items
15 Interest due and accrued on stocks not included in mar
ket value uncollected
16 Interest due and accrued on collateral loans and uncol
lected
17 Cash in hands of agents and in course of transmission
Ail other assets both real and personal viz Rents due
and accrued
Total assets of the company actual cash market value
IIILIABILITIES
1 Losses due and unpaid
2 Gross losses in process of adjustment or in
suspense including all reported and sup
posed losses
14846 34
29502 37
478782 50
1000 00
21066 56
1482 50
11 67
74092 20
200 00
837772 17
318
COMPTROLLERGENERALS REPORT
3 Losses resisted including interest cost and
other expenses thereon
4
5
Total gross amount of claims for losses
Deduct reinsurance thereon
8669 00
53017 2038 71 1
6 Net amount of unpaid losses
7 Gross premiums without any deduction re
ceived and receivable upon all unexpired
Are risks running one year or less from
date of policy 29001603 unearned pre
miums fifty per cent
8 Gross premiums without any deduction re
ceived ond receivable upon all unexpired
fire risks running more than one year
from date of policy 26660850 unearned
premiums pro rata
145008 02
141645 47
11
17
19
20
21
23
24
7
8
9
10
Total unearned premiums as computed above carried
out
Due and accrued for salaries rent advertising and for
agency and other miscellaneous expenses
All other demands against the company absolute and
contingent due and to become due admitted and con
tested viz Commissions brokerage and other charges
due and to become due to agents and brokers on pre
miums paid and in course of collection 1704121 re
turn premiums 518645 reinsurance 548886
Total amount of all liabilities except capital stock scrip
and net surplus
Joint stock capital actually paid up in cash
Surplus beyond capital and all other liabilities
Aggregate amount of all liabilities including capital paid
up and net surp us
IVINCOME DURING THE YEAR
On Fire Risks
xross premiums and bills in course of col
lection at close of previous year
Deduct amount of same not collected
Net collected
Gross premiums on risks written and re
newed during the year
Total
Deduct premiums and bills in course of col
lection at this date
Entire premiums collected during the year
Deduct reinsurance and return premiums
50978 80
286653 49
7356 50
27716 42
372705 21
200000 00
265066 96
837772 17
62276 85
930 77
61346 08
484694 82
546040 90
78728 23
467312 67
95426 36
Net cash actually received for premiums
Received for interest on bonds and mortgages
371886 31
12745 00COMPTROLLERGENERALS REPORT
119
398755 10
11 Received for interests and dividends on stocks and bonds
collateral loans and from all other sources 14123 79
15 Aggregate amount of income actually received during the
year in cash
VEXPENDITURES DURING THE YEAR
On Fire Risks
1 Gross amount actually paid for losses in
cluding 2770563 losses occurring in
previous years 180292 17
2 Deduct all amounts actually received for
salvages whether on losses of the last or
previous year 33501 and all amounts
actually received for reinsurances in
other companies 941591 total deduc
tions 9750 92
3 Net amount paid during the year for losses
4 Cash dividends actually paid stockholders
6 Paid for commissions or brokerage
7 Paid for salaries fees and other charges of officers desks
agents and all other employees
8 Paid for State national and local taxes in this and other
States
9 All other payments and expenditures viz Rents 2475
advertising printing stationery 232125 legal ap
vertising 27960 furniture and fixtures 200 legal
expenses 50 miscellaneous 2358877 total
Aggregate amount of actual expenditures during the year
in casli
170541 25
20000 00
81673 56
37293 21
10333 61
28911 62
BUSINESS IN GEORGIA FOR THE YEAR ENDING APRIL 30 1898
Risks
Premiums
Tax
348753 25
1898
47925 00
714 24
7 14
THE PALATINE INSURANCE COMPANY LTD OF MANCHESTER
ENGLAND
1 Market value of real estate owned by the company less the
amount of incumbrances thereon 50000 00
3 Interest due on all said bond and mortgage loans in
terest accrued thereon 50000 total 500 00
4 Value of lands mortgaged exclusive of build
ings and perishable improvements 146000 00
5 Value of buildings mortgaged insured for 54
50000 as collateral 10000 00
6 Total value of said mortgaged premises
earned inside 206000 00
9 Total par and market value of stocks and bonds owned abso
lutely by the company carried out at market value 2215752 00120
COMPTROLLERGENERALS REPORT
12
13
Cash in companys principal office
Cash belonging to the company deposited in
bank Mercantile Trust Co New York
8589320 Mercantile Trustees aect of New
York 118498 Royal Trust Co Chicago
6509714 London Paris and American
Bank San Francisco 1929767 Anglo
Californian Bank San Francisco 1179251
Canal Bank New Orleans 1000000 N
O Nat Bank New Orleans 1192777
total
3020 92
205193 27
Total cash items
15 Interest due and accrued on stocks not included in market
value uncollected
17 Cash in hands of agents and in course of transmission
Total assets of the company actual cash market vak
IIILIABILITIES
1 Losses due and unpaid
2 Gross losses in process of adjustment or in sus
pense including all reported and supposed
3 Losses resisted including interest costs and
other expenses thereon
16703 61
188346 07
31939 83
Total gross amount of claims for losses
Deduct reinsurance thereon
236989 51
9563 27
Net amount of unpaid losses
Gross premiums without any deduction re
ceived and receivable upon all unexpired
fire risks running one year or less from date
of policy 170914461 unearned premiums
fifty per cent
Gross premiums without any deduction re
ceived and receivable upon all unexpired
fire risks running more than one year from
date of policy 101307159 unearned pre
miums pro rata
854572 31
504675 93
U
17
19
20
23
24
Total unearned premiums as computed above carried out
Due and accrued for salaries rent advertising and for agency
and other miscellaneous expenses
All other demands against the company absolute and con
tingent due and to become due admitted and contested
Taxes commissions and brokerage return premiums
viz
and reinsurance
Total amount of all liabilities except capital stock scrip
and net surplus
Surplus beyond capital and all other liabilities
Aggregate amount of all liabilities including capital paid upT
and net surplus
208214 19
13357 50
385657 80
2873481 49
227420 24
1359248 25
2819 78
116365 94
1705860 20
1167621 29
2873481 49COMPTROLLERGENERALS REPORT
121
IVINCOME DURING THE YEAR
On Fire Risks
1 Gross premiums and bills in course of collec
tion at close of last previous year as shown
by that years statement 422856 69
2 Deduct amount of same not collected 754 78
3 Net collected 422101 91
4 Gross premiums on risks written and renewed
during the year 2496764 55
Total
2918866 46
400139 95
2518726 51
477986 27
2040740 24
1500 00
58517 17
2100757 41
6 Deduct premiums and bills in course of collec
tion at this date
7 Entire premiums collected during the year
8 Deduct reinsurance and return premiums
9 Net cash actually received for premiums
carried out 2040740 24
10 Received for interest on bonds and mortgages
11 Received for interests and dividends on stocks and bonds col
lateral loans and from all other sources
5 Aggregate amount of income actually re
ceived during the year in cash
VEXPENDITURES DURING THE YEAR
On Fire Risks
1 Gross amount actually paid for losses in
cluding 24430586 losses occurring in pre
vious years 1206176 25
2 Deduct all amounts actually received for sal
vages whether on losses of the last or of
previous year 1569680 and all amounts
actually received for reinsurances in other
companies 6318116 total deductions 78877 96
3 Net amount paid during the year for losses 1127298 29
6 Paid for commissions or brokerage 416025 51
7 Paid for salaries fees and other charges of officers clerks
agents and all other employees
8 Paid for State national and local taxes in this and other
States
9 All other payments and expenditures viz Printing and
stationery advertising rents travel and sundries
10 Amount sent to home office during the year 253702 69
Aggregate amount of actual expenditures dur
ing the year in cash 1860480 48
Business in the State of Georgia During the Year
Oq Fire Risks Aggregate
Fire marine and inland risks written 3051907 00 3051907 00
Premiums received gross 47277 86 47277 86
Losses paid 34020 81 34020 81
Losses incurred 30782 48 30782 48
BUSINESS IN GEORGIA FOR YKAR ENDING APRIL 30 1898
Risks 8096222 00
Premiums 47637 83
Losses 32805 84
Tax 476 37
173778 45
45309 82
98068 41122
COMPTROLLERGENERALS REPORT
11
12
13
16
17
183500 00
929600 00
18385 86
THE PENNSYLVANIA FIRE INSURANCE COMPANY OF PHILA
DELPHIA PA
ICAPITAL
1 Whole amount of capital stock400000 00
2 Amount paid up in casli 400000 00
IIASSETS
1 Market value of real estate owned by the company less
the amount of incumbrances thereon
2 Loans on bond and mortgage duly recorded and being
first liens on the fee simple
Interest due on all said bond and mortgage loans 8
56668 interest accrued thereon 981918 total
Value of buildings mortgaged insured for 730400 as
collateral
Total value of said mortgaged premise carried
in side2401850 00
Total par and market value of stocks and bonds owned
absolutely by the company carried out at market
value
Total par and market value and amount loaned thereon
Cash in companys principal office 2189 20
Cash belonging to the company deposited in
bank as follows Philadelphia National 28147 34
Western National 122 351 91
Total cash items
Interest due and accrued on collateral loans and uncol
lected
Cash in hands of agents and in course of transmission
3499915 00
69350 00
152688 45
729 57
246117 16
v
Total assets of the company actual cash market value
VNONLEDGBB ITABILITIES
Losses adjusted and unpaid 54111 26
Losses in process of adjustment or in sus
pense including all reported and supposed
loses 154612 14
Losses resisted not outlawed including in
terest costs and other expenses thereon 13726 00
Total amount of claims for losses 222449 40
Deduct reinsurance due or accrued 14M33 22
Net amount of unpaid losses
Iross premiums less reinsnrance received
and receivable upon all unexpired lire risks
running one year or less from date of pol
icy including interest premiums on perpet
ual Are risks 153570373 unearned pre
miums fifty per cent 767851 87
dross premiums less reinsurance received
and receivable upon all unexpired fire risks
running more than one year from date of
policy 136864031 unearned premiums
Prorata 699852 85
5100286 04
207616 18COMPTROLLERGENERALS REPORT 123
11 Total unearned premiums as computed above 1467704 72
12 Amount reclaimable by the insured on perpetual fire in
surance policies being per cent of the premiums
on deposit received 823239 42
19 All other demands against the company absolute and
contingent due and to become due admitted and con
tested 4000 00
20 Total amount of all liabilities except capital stock
scrip and net surplus
21 Joint stock capital actually paid up in cash
23 Surplus beyond capital and all other liabilities
24 Aggregate amount of all liabilities including capital paid
up and net surplus
IVINCOME DURING THE YEAR
On Fire Risks
3 Net collected 261685 68
4 Gross premiums on risks written and renewed
during the year2216195 47
2502560 32
400000 00
2197725 72
5100286 04
5 Total2477881 15
6 Deduct premiums and bills in course of col
lection at this date 246117 16
7 Entire premiums collected during the year 2231763 99
8 Deduct reinsurance and return premiums 507637 04
9 Net cash actually received for premiums carried out
10 Received for interest on bonds and mortgages
11 Received for interests and dividends on stock and bonds
collateral loans and from all other sources
12 Income received from all other sources omitting increase
if any in value of securities
15 Aggregate amount of income actually received during the
year in cash
VEXPENDITURES DURING THE YEAR
On Fire Risks
1 Gross amount actually paid for losses 964136 21
2 Deduct all amounts actually received for sal
vages whether on losses of the last or of
previous year and all amounts ac
tually received for reinsurances in other
companies 6691941 total deductions 66919 4L
3 Net amount paid during the year for losses
4 Cash dividends actually paid stockholders amount of
stockholders dividends declared during the year
6 Paid for commissions or brokerage
7 Paid for salaries fees and other charges of officers clerks
agents and all other employees
1724126 95
4236S 52
160811 67
2098 00
1929405 14
897216 80
80000 00
404101 30
13137s 00124
COMPTROLLERGENERALS REPORT
8 Paid for State national and local taxes in this and other
n ftates 45887 06
9 All other payments and expenditures 64 142 26
Aggregate amount of actual expenditures during
the year in cash I g22 725 42
Business in the State of Georgia During the Year
Fire Risks
t ire marine and inland risks written2 365 821 00
Premiums received gross 40 254 98
Losses paid 13994 39
Losses incurred y qqk 2n
Risks
Premiums
Losses
Tax
BUSINESS IN GEORGIA FOR YEAR 1898
1918364 00
29016 86
22705 83
290 16
THE UNITED STATES BRANCH PHCENIX ASSURANCE COMPANY
OF LONDON ENGLAND
IIASSETS
9 Total par and market value of stocks and bonds owned
absolutely by the company 2 224 952 50
12 Cash in company principal office 13627 99
13 Cash belonging to the company deposited in
bank American Exchange Natl Bank
Bank of the State of New York 176025 96
Cash in hands of U S trustees 453081 00
Total cash items
17 Cash in hands of agents and in course of transmission
All other assets both real and personal viz Rents due
and accrued due from other companies for
reinsurance on losses already paid
642734 95
225510 02
2330 58
Total assets of the company actual cash market value 3095528 05
IIILIABILITIES
1 Losses due and unpaid
2 Gross losses in process of adjustment in
cluding all reported and supposed losses
3 Losses resisted including interest costs
and other expenses thereon
4 Total gross amount of claims for losses
5 Deduct reinsurance thereon
11653 00
315170 00
42795 00
369618 00
128891 X
6 Net amount of unpaid los
240727 00COMPTROLLERGENERALS REPORT 125
7 Gross premiums without any deduction re
ceived and receivable upon all unexpired
fire risks running one year or less from
date of policy 165938035 unearned
premiums fifty per cent 829690 18
8 Gross premiums without any deduction re
ceived and receivably upon all unexpired
Are risks running more than one year
from date of policy 116752247 un
earned premiums pro rata 593755 32
11 Total unearned premiums as computed
above carried out 1423445 50
19 All other demands against the company absolute and
contingent due and to become due admitted and con
tested viz Due for commissions and brokerage 39
82009 due for reinsurance 12377033 return pre
miums 858412 total 172174 54
20 Total amount of all liabilities except capital stock
scrix and net surplus 1836347 04
23 Surplus beyond capital and all other liabilities 1259181 01
24 Aggregate amount of all liabilities including capital
paid up and net surplus 3095528 05
IVINCOME DURING THE YEAR
On Fire Risks
1 Gross premiums and bills in course of col
lection at close of last previous year as
shown by that years statement 226337 20
3 Net collected 226337 20
4 Gross premiums on risks written and re
newed during the year 3282840 14
5 Total 3509177 34
6 Deduct premiums and bills in course of col
lection at this date 225510 02
7 Entire premiums collected during the year 3283667 32
8 Deduct reinsurance and return premiums 1258797 46
9 Net cash actually received for premiums
carried out 2024869 86 2024869 86
11 Received for interests and dividends on stocks and bonds
collateral loans and from all other sources 90619 90
15 Aggregate amount of income actually received dur
ing the year in cash 2115489 76
VEXPENDITURES DURING THE YEAR
On Fire Risks
1 Gross amount actually paid for losses in
cluding 25910488 losses occurring in
previous years 1427896 27126
COMPTROLLERGENERALS REPORT
2 Deduct all amounts actually received for
salvages whether on losses of the last
or of previous year 1284710 and all
amounts actually received for reinsur
ances in other companies 34614229
total deductions 358989 39
3 Net amount paid during the year for
losses 1068906 88 1068906 88
6 Paid for commissions or brokerage 399212 72
7 Paid for salaries fees and other charges of officers clerks
agents and all other employees 127317 57
8 Paid for State national and local taxes in this and other
States 53635 00
9 All other payments and expenditures viz General ex
penses printing stationery advertising traveling
rents maps telegrams etc 159337 01
10 Amount sent to home office during the year 90619 90
Aggregate amount of actual expenditures during the
year in cash 1799409 18
Business in the State of Georgia During tin Year
Fire marine and inland risks written 1260222 75
Premiums received gross 21604 42
Losses paid 5198 04
Losses incurred 4902 00
BUSINESS IN GEORGIA FOR YEAR ENDING APRIL 30 1898
Risks 2416729 00
Premiums 31777 26
Losses 11328 91
Tax 317 77
THE PHENIX FIRE INSURANCE COMPANY OF BROOKLYN N Y
ICAPITAL
1 Whole amount of capital stock 1000000 00
2 Amount paid up in cash 1000000 00
IIASSETS
1 Market value of real estate owned by the company less
the amount of incumbrances thereon 549000 00
2 Loans on bond and mortgage duly recorded and being
irsl liens on the fee simple 115600 00
3 Interest due on all said bond and mortgage loans
interest accrued thereon 201995 total 2019 95
4 Value of lands mortgaged exclusive of
buildings and perishable improvements 77250 00
5 Value of buildings mortgaged insured for
122000 as collateral 16550000
6 Total value of said mortgaged premises
carried inside 242750 00COMPTROLLERGENERALS REPORT
127
9 Total par and market value of stocks and bonds owned
absolutely by the company carried out at market value 3949965 00
12 Cash in companys principal office 330762 National
Park Bank New York 36579428 Chatham National
Bank N Y 16388249 Seventh National Bank N Y
1000000 National City Bank Brooklyn 250000
Peoples Trust Company 1016393 total 555648 32
16 Interest due and accrued on collateral loans and uncol
lected 9076 67
17 Cash in hands of agents and in course of transmission 564939 18
All other assets both real and personal viz Rents due
and accrued 311686 due from other companies for
losses already paid as follows 319508 Lincoln Insu
rance Company total 6311 94
Total assets of the company actual cash market value 5752561 06
IIILIABILITIES
2 Gross losses in process of adjustment or in
suspense including all reported and sup
posed losses 202634 50
3 Losses resisted including interest costs and
other expenses thereon 34500 00
4 Total gross amount of claims for losses 237134 50
5 Deduct reinsurance thereon 7527 90
6 Net amount of unpaid losses 229606 60
7 Gross premiums without any deduction re
ceived and receivable upon all unexpired
fire risks running one year or less from date
of policy 202425435 unearned pre
miums fifty per cent 1012127 17
8 Gross premiums without any deduction re
ceived and receivable upon all unexpired
fire risks running more than one year
from date of policy 466051774 un
earned premiums pro rata 2136088 16
11 Total unearned premiums as computed above carried out 3148215 33
17 Due and accrued for salaries rent advertising and for
agency and other miscellaneous expenses 3264 84
19 All oilier demands against the company absolute and
contingent due and to become due admitted and con
tested viz Commissions brokerage and other charges
dm and to become due to agents and brokers on pre
miums paid and in course of collection 9012333 re
turn premiums 5788183 reinsurance 316184 total 151167 00
20 Total amount of all liabilities except capital stock
scrip and net surplus 3532253 77
21 Joint stock capital actually paid up in cash 1000000 00
23 Surplus beyond capital and all other liabilities 1220307 29
24 Aggregate amount of all liabilities including capital paid
up and net surplus 5752561 06
9c128 COMPTROLLERGENERALS REPORT
To be Answered by Companies Doing an Installment Business
1 Amount of unearned premiums represented
by installment notesbeing the whole
amount of such notes 152035 88
IVINCOME DURING THE YEAB
On Fire Risks
1 Gross premiums and bills in course of collec
tion at close of last previous year as shown
by that years statement 657491 20
3 Net collected 657491 20
4 Gross premiums on risks written and renewed
during the year 3838187 28
5 Total4495678 48
6 Deduct premiums and bills in course of col
lection at this date 564939 18
7 Entire premiums collected during the year 3930739 30
8 Deduct reinsurance and return premiums 739748 07
9 Net cash actually received for premiums car
ried out 3190991 23 3190991 23
10 Received for interest on bonds and mortgages 5808 32
11 Received for interests and dividends on stocks and bonds
collateral loans and from all other sources 169667 30
12 Income received from all other sources omitting increase
if any in value of securities viz Rents 1728458
total l7284 58
15 Aggregate amount of income actually received during the
year in cash 3383751 43
VEXPENDITURES DURING THE YEAR
On Fire Risks
1 Gross amount actually paid for losses includ
ing 18539797 losses occurring in previous
years1895896 33
2 Deduct all amounts actually received or sal
vages whether on losses of the last or of
previous year 913467 and all amounts
actually received for reinsurances in other
companies 14671180 total deductions 155846 47
3 Net amount paid during the year for losses 1740049 86 1740049 86
t ash dividends actually paid stockholders
amount of stockholdersdividends declared
during the year 100000 00 100000 00
6 Paid for commissions or brokerage 581255 77
7 Paid for salaries fees and other charges of officersclerks
agents and all other employees 301381 23
S Paid for Stiite national and local taxes in this and other
States 7il22 93COMPTROLLERGENERALS REPORT
129
9 All other payments and expenditures viz Rents postage
telegrams stationery printing advertising legal and
all other expenses total 330055 30
Aggregate amount of actual expenditures during the
year in cash 3128865 09
Business in the State of Georgia During the Year
Fire Risks Aggregate
Fire marine and inland risks written3639997 00 3639997 00
Premiums received gross 58419 82 58419 82
Losses paid 28988 72 28988 72
Losses incurred 37162 53 37162 53
BUSINESS IN GEORGIA FOR YEAR 1898
Risks3163285 00
Premiums 48617 41
Losses 37176 35
Tax 486 17
THE PHCENIX FIRE INSURANCE CO OF HARTFORD CONN
ICAPITAL
1 Whole amount of capital stock 2000000 00
2 Amount paid up in cash 2000000 00
Market value of real estate owned by the company less
the amount of incumbrances thereon
Loans on bond and mortgage duly recorded and being first
liens on the fee simple
Interest due on all said bond and mortgage loans 340589
interest accrued thereon 300906 total
Value of lands mortgaged exclusive of
buildings and perishable improvements 222190 00
Value of buildings mortgaged insured for
59550 as collateral 94400 00
6 Total value of said mortgaged premises
carried inside 316590 00
9 Total par and market value of stocks and bonds owned
absolutely by the companycarried out at market value
11 Total par and market value and amount loaned thereon
12 Cash in companys principal office 36753 97
13 Cash belonging to the company deposited
in bank 235366 92
Total cash items
15 Interest due and accrued on stocks not included in mar
ket value uncollected
16 Interest due and accrued on collateral loans and uncol
lected and bank depositst
17 Cash in hands of agents and in course of transmission
527696 67
132340 70
6414 95
4077123 00
20200 00
272120 89
15299 65
1270 00
475026 84 130 COMPTROLLERGENERALS REPORT
All other assets both real and personal viz Rents due
and accrued 384294 due from other companies for
Total assets of the company actual cash market value 10886 80
538379 50
IIILIABILITIES

2 Gross losses in process of adjustment or in
suspense including all reported and sup

3 Losses resisted including interest costs and

4 Total gross amount of claims for losses 410512 36
375470 73

7 Gross premiums without any deduction re
ceived and receivable upon all unexpired
fire risks running one year or less from
date of policy 202633668 unearned

8 Gross premiums without any deduction re
ceived and receivable upon all unexpired
Are risks running more than one year
from date of policy 240623456 un

11 Total unearned premiums as computed
20 Total amount of all liabilities except capital stock 2139993 40

2515464 13
2000000 00
23 Surplus beyond capital and all other liabilities 24 Aggregate amount of all liabilities including capital 1022915 37

5538379 50
IVINCOME DURING THE YEAR
On Fire Risks
7 Entire premiums collected during the year 2373914 24
8 Deduct reinsurance and return premiums 462727 57
9 Net cash actually received for premiums
carried out 2911186 67 2911186 67
15763 62
11 Received for interests and dividends on stocks and bonds
178953 33
12 Income received from all other sources omitting increase
6057 16
15 Aggregate amount of income actually received during

3111960 78
COMPTROLLERGENERALS REPORT
131
VEXPEKDITURES DURING THE YEAR
On Fire Risks
1 Gross amount actually paid for losses in
cluding 35152506 losses occurring in
previous years 1755652 56
2 Deduct all amounts actually received for
salvages whether on losses of the last
or of previous year 573750 and all
amounts actually received for reinsur
ances in other companies 10432960
total deductions
109067 10
3 Net amount paid during the year for
losses 1646585 46 1646585 46
4 Cash dividends actually paid stockholders amount of
stockholders dividends declared during the year 280000 00
6 Paid for commissions or brokerage 496704 97
7 Paid for salaries fees and other charges of officers clerks
agents and all other employees 188228 71
8 Paid for State national and local taxes in this and other
States 7141 4
9 All other payments and expenditures general expenses 311240 29
Xtnreeate amount of actual expenditures during the
66 fe qq r nA
year in cash 9941r au
Business in the State of Georgia During the Year
Fire marineand inland risks written 29t7
51 147 yl
Premiums received gross OCl
Losses paid 24294 03
Losses incurred
BUSINESS IN
GEORGIA FOR YEAR ENDING APRIL 30 1898
Risks
Premiums
Losses
Tax
3504743 00
53200 86
36993 25
532 00
THE QUEEN FIRE INSURANCE COMPANY OF AMERICA N Y
ICAPITAL
1 Whole amount of capital stock 500000 00 500000 00
2 Amount paid up in cash 500000 00 500000 00
IIASSETS
1 Market value of real estate owned by the company less the
amount of incumbrances thereon 714970 57
9 Total par and market value of stocks and bonds owned ab
solutely by the company carried out at market value 3359664 18
12 Cash in companys principal officeV 2501 43132 COMPTROLLERGENERALS REPORT 4
13 Cash belonging to the company deposited in bank as follows Farmers Loan and Trust Company New York 500000 Farmers Loan and Trust Company N Y special deposit 2500000 Corn Exchange Bank N Y 4888389 First National Bank Chicago 111
809633 Atlanta National Bank Atlanta
Ga 1041197 First National Bank San
Francisco Cal 38 61 Molsons Bank Mon
treal Can 855367 Bank of British North
America Halifax N S 645438 total 112438 85 114940 28

15 Interest due and accrued on stocks not included
in market value uncollected 42032 37
16 Interest due and accrued on bank balances and unoollected 142 28
17 Cash in hands of agents and in course of transmission 319104 75
18 Bills receivable not matured taken for fire risk All other assets both real and personal viz 196 00
Rents due
and accrued 289583 due from other companies for
reinsurance on losses already paid 884 New Hamp
shire N H 213 Caledonian Scotland 17c Na
tional Fire Hartford Ct 25c Erie New York 269
Phenix Brooklyn N Y 360 total Total assets of the company actuil cash mar set value 2904 67
4553955 10
IIILIABILITIES
1 Losses due and to become due and unpaid 73585 76
2 Gross losses in process of adjustment or in suspense including all reported and supposed
82909 15
3 Losses resisted including interest costs and
4 41042 74
Total gross amount of claims for losses
197537 65
5 6 Deduct reinsurance thereon Net amount of unpaid losses 6670 16 190867 4

7 Gross premiums without any deduction re
ceived and receivable upon all unexpired
fire risks running one year or less from date

Unearned premiums fiftv per cent 727195 77
8 Gross premiums without any deduction received and receivable upon all unexpired tire risks running more than one year from date of policy 169928163 unearned premiums
846832 00
11 Total unearned premiums as computed above
1574027 77
17 Due and accrued for salaries rent advertisii g and for
agency and other miscellaneous expense 23607 16

COMPTROLLERGENERALS REPORT
133
19 All other demands against the company absolute and con
tingent due and to become due admitted and contested
viz Taxes and assessments 2370428 commissions
7453626 return premiums 1876318 reinsurance
513766 total 122141 38
20 Total amount of all liabilities except capital stock scrip
and net surplus 1910643 80
21 Joint stock capital actually paid up in cash 500000 00
23 Surplus beyond capital and all other liabilities 2143311 30
24 Aggregate amount of all liabilities including capital paid
up and net surplus 4553955 10
IVINCOME DURING THE YAR
On Fire Risks
1 Gross premiums and bills in course of collec
tion at close of last previous year as shown
by that years statement 306300 95
2 Deduct amount of same not collected 527 91
3 Net collected 305773 04
4 Gross premiums on risks written and renewed
duringtheyear 2450620 14
5 Total2756393 18
6 Deduct premiums and bills in course of collec
tion at this date 327151 40
7 Entire premiums collected during the year 2429241 78
8 Deduct reinsurance and return premiums 517910 70 1911331 08
11 Received for interests and dividends on stocks and bonds
collateral loans and from all other sources 129914 84
12 Income received from all other sources omitting increase
if any in value of securities viz Rents gross 865346
for rent expenses see Disbursements total 8653 46
15 Aggregate amount of income actually received during the
year in cash 2049899 38
VEXPENDITURES DURING THE YEAR
On Fire Risks
1 Gross amount actually paid for losses includ
ing 12022435 losses occurring in previous
years 1046433 60
2 Deduct all amounts actually received for sal
vages whether on losses of the last or of
previous year 538724 and all amounts
actually received for reinsurances in other
companies 4865463 total deductions 54041 87
3 Net amount paid during the year for losses 992391 73
4 Cash dividends actually paid stockholders amount of
stockholders dividends declared during the year 100
00000 100000 00
6 Paid for commissions or brokerage 304964 76134
COMPTROLLERGENERALS REPORT
7 Paid for salaries fees and other charges of officers clerks
agents and all other employees
8 Paid for State national and local taxes in this and other
States
9 All other paymts and expenditures viz Rents 1945820
advertising printing and stationery 2476383 legal
121852 furniture and fixtures 549014 miscella
neous 7033688 total
Rent account expenses and taxes
Amount written off real estate to profit and loss account
Aggregate amount of actual expenditure during the year
in cash
180643 86
51412 44
121267 57
14491 38
100000 00
1865171 74
Business in the Slate of Georgia during the year
Fire Risks
Risks 2461521 53
Premiums received gross 36503 16
Losses paid 18816 89
Losses incurred 16166 89
BUSINESS IN GEORGIA FOR YEAR ENDING APRIL 30 1898
Risks2796279 00
Premiums 38004 65
Losses 35402 50
Tax 3S0 04
THE ROCHESTER GERMAN INSURANCE CO OF ROCHESTER N Y
ICAPITAL
1 Whole amount of capital stock 200000 00 200000 00
2 Amount paid up in cash 200000 00
IIASSETS
1 Market value of real estate owned by the company less
the amount of incumbrances thereon 196036 06
2 Loans on bond and mortgage duly recorded and being
first liens on the fee simple 400942 40
3 Interest due on all said bond and mortgage loans 94940
interest accrued thereon 630562 total 7255 02
4 Value of lands mortgaged exclusive of buildings and per
ishable improvements 453290 00
5 Value of buildings mortgaged insured for
39042500 as collateral 539150 00
6 Total value of said mortgaged premises
carried inside 992440 00
9 Total par and market value of stocks and bonds owned
absolutely by the company carried out at market value 306312 50
12 Cash in companys principal office 838 07
13 Cash belonging to the company deposited in
bank German American Bank 65506 68
25000 on special deposit at 4
Total cash items 66 344 75COMPTROLLERGENERALS REPORT
135
15 Interest due and accrued on stocks not included in mar
ket value uncollected
17 Cash in hands of agents and in course of transmission
3108 33
46506 44
Total assets of the company actual casli market value 1026505 50
IIILIABILITIES
9554 79
17195 00
2659 51
29409 30
1 Losses due and unpaid
2 Gross losses in process of adjustment or in
suspense including all reported and sup
posed losses
3 Losses resisted including interest costs
and other expenses thereon
4 Total gross amount of claims for losses
6 Net amount of unpaid losses 2
7 Gross premiums without any deduction re
ceived and receivable upon all unexpired
Are risks running one year or less from
date of policy 26558680 unearned pre
miums fifty per cent 132793 40
8 Gross premiums without any deduction re
ceived and receivable upon all unexpired
fire risks running more than one year
from date of policy 32210111 unearned
premiums pro rata 169178 18
11 Total unearned premiums as computed
above carried out
IS 411 other demands against the company absolute and
contingent due and to become due admitted and con
tested viz Commissions etc due agents on pre
miums in course of collection
301971 58
20
Total amount of all liabilities except capital stock
scrip and net surplus
21 Joint stock capital actually paid up in cash
23 Surplus beyond capital and all other liabilities
24 Aggregate amount of all liabilities including capital
paid up and net surplus
IVINCOME DUBING THE YEAR
On Fire Risks
1 Gross premiums and bills in course of col
lection at close of last previous year as
shown by that years statement
9962 48
341343 36
200000 oo
485162 14
1026505 50
36157 83
3 Net collected
4 Gross premiums on risks written and re
newed during the year
Total
6 Deduct premiums and bills in course of col
lection at this date
36157 83
483553 22
519713 05
46506 44136
COMPTROLLERGENERALS REPORT
7 Entire premiums collected during the year 473206 61
8 Deduct reinsurance and return premiums 165533 32
9 Net cash actually received for premiusis
carried out 307673 29 307673 29
10 Received for interest on bonds and mortgages 20299 37
11 Received for interests and dividends on stocks and bonds
collateral loans and from all other sources 13183 75
12 Income received from all other sources omitting increase
if any in value of securities viz Rents 917385 dis
count 61680 total 9 790 65
15 Aggregate amount of income actually received dur
ing the year in cash 350947 06
VEXPENDITURES DURING THE YEAR
On Fire Risks
1 Gross amount actually paid for losses in
cluding 988934 losses occurring in pre
vious years 172609 61
2 Deduct all amounts actually received for
salvages whether on losses of the last
or of previous year 307215 and all
amounts actually received for reinsur
ances in other companies 4154470 total
deductions 44616 85
3 Net amount paid during the year for
losses 12799276 127992 76
4 Cash dividends actually paid stockholders amount of
stockholders dividends declared during the year 20000 00
6 Paid for commissions or brokerage 57129 72
7 Paid for salaries fees and other charges of officers clerks
agents and all other employees 29 528 20
8 Paid for State national and local taxes in this and other
States 14215 58
9 All other payments and expenditures viz Expense ac
count 3952364 profit and loss account 158763
printing and stationery account 326694 suspense ac
count 61448 total 44 992 69
Aggregate amount of actual expenditures during the
yearincash 293888 95
THE UNITED STATES BRANCH OF THE ROYAL FIRE INSURANCE
COMPANY OF LIVERPOOL ENGLAND
IIASSETS
1 Market value of real estate owned by the company less the
amount of incumbrances thereon 2 032 077 43
2 Loans on bond and mortgage duly recorded and being first
liens on the fee simple 272 000 00
3 Interest due on all said bond and mortgage loans f
interest accrued thereon 112000 total f 956 25COMPTROLLERGENERALS REPORT
137
Value of lands mortgaged exclusive of
buildings and perishable improvements I
Value of buildings mortgaged insured for j
27500000 as collateral
12
13
Total value of said mortgaged prem
ises carried inside 473500 00
Total par and market value of stocks and bonds owned
absolutelv by the company carried out at market
value 3951329 4
Cash in companys principal office 1457 53
Cash belonging to the company deposited in
Banks and Trust Companies and in hands
of branches 314964 40
316421 93
47487 08
Total cash items
15 Interest due and accrued on stocks not included in market
value uncollected
17 Cash in hands of agents and in course of transmission 762862 16
18 Bills receivable not matured taken for fire marine and
inland risks 1674 77
All other assets both real and personal viz Rents due and
accrued 1004012 amount receivable under perpetual
policies December 31st 1897 320909 all other items
197779 15227 00
Total assets of the company actual cash market value 7400199 78
IIILIABILITIES
1 Losses due and unpaid
2 Gross losses in process of adjustment or in
suspense including all reported and sup
posed losses
3 Losses resisted including interest costs and
other expenses thereon
4 Total gross amount of claims for losses
5 Deduct reinsurance thereon
59022 71
444246 73
62075 70
565348 14
107062 66
Net amount of unpaid losses 458282 48 458282 48
Gross premiums without any deduction re
ceived and receivable upon all unexpired
fire risks running one year or les from
date of policy 321156742 unearned pre
miums fifty per cent 1605783 71
Gross premiums without any deduction re
ceived and receivable upon all unexpired
fire risks running more than one year from
date of policy 441130964 unearned
premiums pro rata 2241059 50
Total unearned premiums as computed above carried out 3846843 21
11a Amount reclaimable by the insured on perpetual fire in
surance policies being 90 and 95 per cent of the premi
um or deposit received 222281 18
12 Net premiums reserved and all other liabilities except cap
ital under the life insurance department 121459 75
17 Due and accrued for salaries rent taxes advertising and
for agency and other miscellaneous expenses 57288 43
11138
COMPTROLLERGENERALS REPORT
18a United States liabilities of Queen Insurance Company of
Liverpool assumed by the company under indenture
dated Nov 11 1892 3500 00
19 All other demands against the company absolute and con
tingent due and to become due admitted and contested
viz Commissions brokerage and other charges due and
to become due to agents and brokers or premiums paid
and in course of collection 8772356 return premi
ums 2799083 reinsurance 20674349 total 322457 88
20 Total amount of all liabilities except capital stock scrip
and net surplus 5032112 93
23 Surplus beyond all other liabilities 2368086 85
24 Aggregate amount of all liabilities including net surplus 7400199 78
IVINCOME DURING THE
Gross premiums and bills in course of col
lection at close of last previous year as
shown by that years statement
Deduct amount of same not collected
Net collected
Gross premiums on risks written and re
newed during the year
YEAR
On Fire Risks
766424 08
1310 75
76511 33
5995897 74
Total 6761011 07
Deduct premiums and bills in course of col
lection at this date 791558 69
Entire premiums collected during the year
Cash notes
Deduct reinsurance and return premiums
5969452 38
1372096 85
10
11
12
14
15
Net cash actually received for premiums car
ried out 4597355 53
Received for interest on bonds and mortgages
Received for interests and dividends on stocks and bonds
collateral loans and from all other sources
Income received from all other sources omitting increase
if any in value of securities viz Rents 4750721
From home office during the year 26895110
Aggregate amount of income actually received during the
year in cash
VEXPENDITURES DURING THE YEAR
On Fire Risks
Gross amount actually paid for losses in
cluding 45574098 losses occurring in pre
vious years 2829385 79
Deduct all amounts actually received for sal
vages whether on losses of the last or of
previous year 1219857 and all amnts
actually received for reinsurances in other
companies 27852098 total deductions 290719 55
4597355 53
12635 25
179349 99
4836847 98COMPTROLLERGENERALS REPORT 139
3 Net amount paid during the year for losses 2538666 24 2538666 24
6 Paid for commissions or brokerage 80835 83
7 Paid for salaries fees and other charges of officers 86
59665 clerks 16622728 agents 2682541 and all
other employee 6048945 349138 8
8 Paid for State national and local taxes in this and other
States U7033 6
9 All other payments and expenditures viz Rents station
ery advertising traveling legal and all other expenses 283039 58
Q Sent to home office during the year939362 24
Aereaate amount of actual expenditures during the
g 8 4087203 70
year in cash
Business in the State of Georgia during the Year
5416390 07
Fire risks written
Premiums received gross
45594 Oo
Losses paid Q
Losses incurred
BUSINESS IN GEORGIA FOR YEAR ENDING APRIL 30 1898
Ri8kg 289572 71
68893 07
f3mUm8 43103 36
Losses 688 93
Tax
SCOTTISH UNION AND NATIONAL INSURANCE COMPANY OF
EDINBURGH SCOTLAND
ICAPITALDEPOSIT
200000 X
Amount of net ledger assets December 31st of previ
3524712 f
ous year H
jINCOME DURING YEA It
As shown by the books at U S branch office at close of business December 31
1 Gross premiums including bills unpaid at Fire
close of last year276234 04
Deduct ledger balances of De
cember31St1896 161234 M 1160Q0 00
3 Net collected 115000 00
4 Gross premiums on risks written and re
newed during the year 3201387 45
5 Total 331638745
6 Deduct gross premiums including bills in
course of collection at this date138435 68
7 Entire premiums collected during the
year 317795177
8 Deduct reinsurance rebate abatement
and return premiums 823396 91140
COMPTROLLERGENERALS REPORT
9 Received for premiums other than perpetu
als
11 Rents from Oos property
12 Interest on real estate mortgage loans
7671484 on other collateral loans
70319
13 Interest and dividends on stocks and bonds
4943990 from all other sources
735075
2354554 86
5053 00
77418 03
56790 65
2354554 86
Total rents and interest
15 Received from home office
139261 68
20539 55
Total income during the year 2 514
356 09
Total footings 6039068 97
IIIDISBURSEMENTS DURING YEAR
As shown by the books at home office at clse of business December 31
Fire
1 Gross amount paid for losses including
29154503 occurring in previous years
2 Deduct amounts received for salvages on
losses of the last or of previous years
1709717 and from reinsurance in other
companies 12318031
3
1381666 30
140277 48
1241388 82
102344 56
653 86
57792 32
Net amount paid during the year for
l08ses 1241388 82
5 Remitted to home office
7 Commissions or brokerage to agents less received on
reinsurances 511087 99
3679 60
10 Salaries fees and all other charges 107 198 9
11 Taxes on real estate 65386
12 Insurance department fees and agents licenses
municipal licenses entire taxes paid
13 Advertising printing and stationery 1672914 legal ex
penses repairs and expenses on real estate
380754 furniture and fixtures 798367 miscellane
ous 9908904 126 709 39
14 Loss on sales or maturity of ledger assets 70 00 70 00
Total expenditures during the year 2092483
BalanceiSiSTii
IVLEDGER ASSETS
As per Ledger Accounts shown by the booh at the U S Managers office at close of
Business December 31
1 Book value real estate unincumbered 101587 96
2 Mortgage loans on real estate first liens 1482680 99
3 Loans secured by pledge of bonds stock or
other collaterals 2800 a
4 Book value of bonds owned excluding in
terest 167115686 stocks 4775000 1 718 906 86COMPTROLLERGENERALS REPORT 141
5 Cash in companys office 136684 deposit
ed in bank 42456357 425930 41
6 Agents debit balances 15707315 157073 15
Deduct ledger liabilities total 3888979 37
7 Agentscredit balances 83523835 23
Total net ledger assets as per balance on page 1 3888144 14
NONLEDGER ASSETS
8 Interest due 1745910 and accrued
1221738 on mortgages
9 Interest due 738750 and accrued
1147666 on bonds and stocks
10 Interest due 4750 on collateral loans
11 Interest due 30000 and accrued 7068
on other assets
29676 48
18864 16
47 50
370 68
Deduct interest due and accrued on mort
gages in process of foreclosure
48958 82
7084 25
Total carried out
14 Market value not including interest in item 9 of bonds
and stocks over book value
15 Gross premiums in course of collection De
cember 31 not more than three months
due
Deduct cost of collection commission and
brokerage
41874 57
22551 25
16
138435 68
23435 68
17 Net amount of uncollected premiums not
more than three months due115000 00
Gross assets 4067569 96
DEDUCT ASSETS NOT ADMITTED
5 Bonds and stocks n082 B0
Total
11082 50
Total admitted assets of the U S branch 4056487 46
vNONLEDGER LIABILITIES
4
5
6
7
Losses adjusted and unpaid not yet due
Losses in process of adjustment or in sus
pense including all reported and sup
posed losses
Losses resisted not outlawed including
interest costs and other expenses thereon
Total amount of claims for losses
Deduct reinsurance due or accrued
38884 28
256626 19
17641 67
313152 14
27293 71
Net amount of upaid losses
Gross premiums less reinsurance received and receiva
ble upon all unexpired Are risks running
one year or less from date of policy in
cluding interest premiums on perpetual
Are risks 180167186 unearned premi
ums 50 per cent 900835 93
285858 43142 COMPTROLLERGENERALS REPORT
8 Gross premiums less reinsurance received
and receivable upon all unexpired fire
risks running more than one year from
date of policy 175542008 unearned
premiums pro rata 938233 21
11 Total unearned premiums as computed above 1839069 14
21 Total amount of all liabilities 2124927 57
22 Statutory deposit 200000 00
24 Divisible surplus 1731559 89 1931559 89
Total 4056487 46
Business in the State of Georgia Daring the Year
Fire
7 Gross risks written 2148 412 00
8 Gross premiums received 34 559 99
9 Losses paid 2iflm 90
10 Losses incurred 25 949 18
BUSINESS IN GEORGIA FOR MB YEAR ENDING APRIL 30 1898
Risk8 2404043 00
Premiums 36147 84
Losses 37763 11
Tax 361 47
SOUTHERN FIRE INSURANCE CO ATLANTA GA
ICAPITAL
1 Whole amount of capital 100000 00
2 Amount paid up in cash 44145 00 44145 00
IIASSETS
2 Loans on bond and mortgage duly recorded and being first
liens on the fee simple
3 Interest due on all said bond and mortgage loans in
terest accrued thereon 105000
9 Total par and market value of stocks and bonds owned ab
solutely by the company carried out at market value
13 Cash belonging to the company deposited in bank Ex
change Bank
17 Cash in hands of agents and in course of transmission
All other assets both real and personal rents due and
accrued due from other companies for reinsurance
on losses already paid office furniture and fixtures
and supplies 704 07
Total assets of the company actual cash market value 48079 87
IIILIABILITIES
2 Gross losses in process of adjustment or in
suspense including all reported and sup
posed losses 1 344 oq
43000 00
1050 00
44050 00
184 01
315 79
COMPTROLLERGENERALS REPORT
143
4 Total gross amount of claims for losses 1344 00
5 Deduct reinsurance thereon 1344 00
7 Gross premiums without any deduction re
ceived and receivable upon all unexpired
fire risks running one year or less from date
of policy 7028 58
Unearned premiums fifty per cent 2623 29
11 Total unearned premiums as comDuted above carried out 2623 29
19 All other demands against the company absolute and con
tingent due and to become due admitted and contested
viz sundry accounts 1097 50
Total 3720 79
21 Joint stock capital actually paid up in cash 44145 00
23 Surplus beyond capital and all other liabilities 232 08
24 Aggregate amount of all liabilities including capital paid
up and net surplus
IVINCOME DURING THE YEAR
Fire Risks
5 Total 7028 58
6 Deduct premiums and bills in
course of collection at this
date 3159 79
7 Entire premiums collected dur
ing the year 386879
10 Received for interest on bonds and mort
gages accrued 105000
3868 79
15 Aggregate amount of income actually received during the
year in cash
VEXPENDITURES DURING THE YEAR
1 Gross amount actually paid for losses includ On Fire Risks
ing 252 06
3 Net amount paid during the year for losses 252 06
6 Paid for commissions or brokerage
7 Paid for salaries fees and other charges of officers clerks
agents and all other employees
8 Paid for State national and local taxes in this and other
States
9 All other payments and expenditures viz int and dist
2704 advertising 1573 rent 13405 express and
postage 10974 exchange 854 total
Aggregate amount of actual expenditures during the
year in cash
Business in the State of Georgia During the Year
Fire marine and inland risks written
Premiums received gross
Losses paid
Losses incurred 134400 reinsured
10c
48097 87
3868 79
252 06
002 18
2207 21
227 78
295 40
3584 63
128075 00
4285 45
252 06
1596 06144 COMPTROLLERGENERALS REPORT
BUSINESS IN GEORGIA FOB YEAR ENDING APRIL 30 1898
Risks
Premiums
Losses
Tax
305839 00
5220 20
690 32
52 20
THE SOUTHERN MUTUAL FIRE INSURANCE COMPANY OF ATHENS
GEORGIA
This is a mutual company having no capital stock
assets at present market value amount to
Its
9
13
17
IIASSETS
Market value of real estate owned by the company less
the amount of incumbrances thereon
Total par and market value of stocks and bonds owned ab
solutely by the company carried out at market value
Cash belonging to the company deposited in
Bank Bank of the University 5348 48
Total cash items
Cash in hands of agents and in course of transmission
11
20
22
23
24
Total amount of all liabilities except capital stock
scrip and net suiplus
Scrip outstanding
Surplus beyond capital and all other liabilities
Aggregate amount of all liabilities including capital paid
up and net surplus
IVINCOME DURING THE YEAR
On Fire Risks
Entire premiums collected during the year 281562 62
Deduct return premiums 4039 54
927822 77
20000 00
897077 00
5348 48
5397 29
Total assets of the company actual cash market value 927822 77
IIILIABILITIES
Gross losses in process of adjustment or in
suspense including all reported and sup
posed losses 10073 86
Losses resisted including interest costs and
other expenses thereon 12000 00
Total gross amount of claims for losses 11273 86
Net amount of unpaid losses
Gross premiums without any deduction re
ceived and receivable upon all unexpired
fire riskes running one year or less from
date of policy 27722308 unearned pre
miums fifty per cent 138761 54
11273 86
Total unearned premiums as computed above carried out 138761 54
150035 40
114293 69
663493 68
927822 77COMPTROLLERGENERALS REPORT 145
9 Net cash actually received for premiums car
ried out 277523 08
11 Received for interests and dividends on stocks and bonds
collateral loans and from all other sources 45224 75
Discount on losses152 69
15 Aggregate amount of income actually received during
the year in cash 322909 52
VEXPENDITURES DURING THE YEAR
1 Gross amount actually paid for losses in
cluding 2813784 losses occuring in pre On Fire Risks
vious years 89314 15
3 Net amount paid during the year for losses 89314 15
5 Scrip or certificates of profits redeemed in cash 181636 99
6 Paid for commissions or brokerage 41626 99
7 Paid for salaries fees and other charges of officers clerks
agents and all other employees 13575 00
8 Paid for State national and local taxes in this and other
States 7423 90
9 All other payments and expenditures viz Profit and loss 1208 96
Expenses2801 35
Aggregate amount of actual expenditures during the year
in cash 337587 34
Business in the Slate of Georgia during the Year
On Fire Risks
Premiums received gross 277523 08
Losses paid 314 15
Losses incurred 72450 17
BUSINESS IN GEORGIA FOR YEAR ENDING APRIL 30 1893
Risks 25780569 00
Premiums 278834 11
Losses 89973 52
Tax 2788 34
THE SPRINGFIELD FIRE AND MARINE INSURANCE COMPANY
OF SPRINGFIELD MASS
ICAPITAL
1 Whole amount of capital stock 1500000 00
2 Amount paid up in cash 1500000 00
IIASSETS
1 Market value of real estate owned by the company less
the amount of incumbrances thereon 128000 00
2 Loans on bond and mortgage duly recorded and being first
liens on the fee simple 727770 00
3 In terest due on all said bond and mortgage loans 269157
interest accrued thereon 1678189 total 19473 46146 COMPTROLLERGENERALS REPORT
4 Value of lands mortgaged exclusive of build
ings and perishable improvements 564650 00
5 Value of buildings mortgag ed insured for
6 83765000 as collateral Total value of said mor 879550 00
gaged premises

1444200 00 bonds owned
9 Total par and market value of all stocks and
absolutely by the company carried out at market value 3004455 00
10 Amount of stocks bonds an d all other securities except
mortgages hypothecated to the company as collateral
security for cash actually loaned by the company with
the par and market value of the same and the amount
loaned on each Par Value MRrket Value Note
30 shares Third National
Bank Stock Springfield 3000 6300 2775 00
100 shares Nonotuck Paper
Co Stock Holyoke 10000 30000
108 shares Parsons Paper 50000 00
10800 43200
68 shares Boston Albany
6800 14484
135 shares N Y N H 22500 00
Hartford R R Co Stock 13500 23355
31 shares Agawam National
Bank Stock 3100 3100 1000 00
30 shares Barre Vt Water
3000 45001
90 shares Revere Mass 12000 00
11 Water Co Stock 9000 18000 j
Total par and market value

and amt loaned thereon 59200 142939 88275 00 88275 0O
12 Cash in companys principal office 16682 22
13 Cash belonging to the company deposited in
bank
John Hancock Springfield 33307 51
54395 53
Third National Springfield 84887 71 189272 97


15 Interest due and accrued on stocks not included in mar
ket value uncollected 29434 20
Mi Interest due and accrued on collateral loans and uncollected 2355 24
17 Cash in hands of agents and in course 317262 82
All other assets both real and personal viz Rents due
978 16
Total assets of the company actual cash market value
4507276 85
in LIABILITIES
1 36918 86
2 Gross losses in process of adjustment or in
suspense including all reported and sup
96642 68

COMPTROLLERGENERALS REPORT
147
3 Losses resisted including interest costs and
other expenses thereon
Total gross amount of claims for losses
Deduct reinsurance thereon
24259 51
157821 05
12223 76
6 Net amount of unpaid losses 145597 29
7 Gross premiums without any deduction re
ceived and receivable upon all unexpired
fire risks running one year or less from
date of policy 126563162 unearned pre
miums fifty percent 632815 81
8 Gross premiums without any deduction re
ceived and receivable upon all unexpired
fire risks running more than one year from
date of policy 814511 24
163437295 unearned premiums pro rata
11 Total unearned premiums as computed above carried out 1447327 05
19 All other demands against the company absolute and con
tingent due and to become due admitted and contested 63452 56
20 Total amount of all liabilities except capital stock
scrip and net surplus 1656376 90
21 Joint stock capital actually paid up in cash 1500000 00
23 Surplus beyond capital and all other liabilities 1350899 95
24 Aggregate amount of all liabilities including capital paid
up and net surplus 4507276 85
IVINCOME DURING THE YEAR
1 Gross premiums and bills in course of col
lection at close of last previous year as
shown by that years statement 308929 03
2 Deduct amount of same not collected 9572 97
299356 06
3 Net collected
4 Gross premiums on risks written and re
newed during the year 2136672 59
5 Total 2436028 65
6 Deduct premiums and bills in course of col
lection at this date 317262 82
7 Entire premiums collected during the year 2118765 83
8 Deduct reinsurance and return premiums 371741 61
9 Net cash actually received for premiums carried out 1747024 22
10 Received for interest on bonds and mortgages 30929 62
11 Received for interests and dividends on stocks and bonds
collateral loans and from all other sources 137839 02
12 Income received from all other sources viz Rents 4539 66
15 Aggregate amount of income actually received during
the year in cash 1920332 52148
COMPTROLLERGENERALS REPORT
VEXPENDITURES DURING THE YEAR
1 Gross amount actually paid for losses including 13472727
losses occurring in previous years 874678 39
2 Deduct all amounts actually received for sal
vages whether on losses of the last or of
previous year and all amounts actu
ally received for reinsurance in other
companies 6513624 total deductions 65136 24
3 Net amount paid during the year for losses 809542 15
4 Cash dividends actually paid stockholders amount of stock
holders dividends declared during the year 150000 90
6 Paid for commissions or brokerage 296773 93
7 Paid for salaries fees and other charges of officers clerks
agents and all other employees 97979 96
8 Paid for State national and local taxes in this and other
States 70636 74
9 All other payments and expenditures viz Office and
agency incidental legal traveling and all other ex
penses 204524 56
Aggregate amount of actual expenditures during the
year in cash 1629457 34
Business in the State of Georgia during the year
Fire risks written 843587 00
Premiums received gross 11709 51
Losses paid 2943 10
Losses incurred 3 403 69
BUSINESS IN GEORGIA FOR YEAR ENDING APRIL 30 1898
RiBks 1191089 00
Premiums 14602 17
Losses 5 342
Tax 146 02
ST PAUL FIRE AND MARINE INSURANCE COMPANY OF ST PAUL
MINNESOTA
ICAPITAL
1 Whole amount of capital stock 1000000 00
2 Amount paid up in cash 500000 00
IIASSETS
1 Market value of real estate ownfd by the company less
the amount of incumbrances thereon 574853 43
2 Loans on bond and mortgage duly recorded and being first
liens on the fee simple 375907 42
3 Interest due on all said bond and mortgage loans 9224
21 Interest accrued thereon 291120 total
4 Value of lands mortgaged exclusive of build
ings and perishable improvement 303600 00COMPTROLLERGENERALS REPORT
149
5 Value of buildings mortgaged insured for
31417500 as collateral 424950 00
6 Total value of said mortgaged premises car
ried inside
9 Total par and market value of stocks and bonds owned
absolutely by tbe company carried out at market value
11 Total par and market value of stocks bonds and all other
securities except mortgages and amount loaned
thereon
12 Cash in companys principal office 11696 81
13 Cash belonging to the company deposited in
bank Merchants Nat Bank St Paul 114
03763 First Nat Bank St Paul 27893
29 St Paul Nat Bank St Paul 2747549
total 09406 41
728550 00
811551 03
216568 78
Total cash items
17 Cash in hands of agents and in course of transmission
18 Bills receivable not matured taken for fire marine and in
land risks
Total assets of the company actual cash market
value
IIILIABILITIES
1 Losses due and unpaid 31926 55
2 Gross losses in process of adjustment or in
suspense including all reported and sup
posed losses 123680 70
3 Losses resisted including interest costs and
other expenses thereon 11607 14
167214 39
26219 23
181103 22
176220 49
27500 68
2363705 05
4 Total gross amount of claims for losses
5 Deduct reinsurance thereon
6 Net amount of unpaid losses
7 Gross premiums without any deduction re
ceived and receivable upon all unexpired
fire risks running one year or less from
date of policy
Unearned premiums fifty per cent
8 Gross premiums without any deduction re
ceived and receivable upon all unexpired
fire risks running more than one year from
date of policy 102812114 unearned
premiums pro rata
9 Gross premiums without any deduction
including both cash and bills received
and receivable upon all unexpired inland
navigation and marine risks 114586428
unearned premiums
11 Total unearned premiums as computed above carried out
19 All other demands against the company absolute and con
tingent due and to become due admitted and contested
viz commissions on premiums paid and in course of
collection
140995 16
728553 51
364276 75
526903 10
72932 14
964111 99
26584 81
Total 1131691 96150
COMPTROLLERGENERALS REPORT
21 Joint stock capital actually paid up in cash
23 Surplus beyond capital and all other liabilities
24 Aggregate amount of all liabilities including capital paid
up and net surplus
500000 00
732013 09
2363705 05
IVINCOME DURING THE YEAR
Fire
1 Gross premiums and bills in
course of collection at close of
last previous year as shown
by that years statement 174900 27
Marine and
Inland
3 Net collected 174900 27
4 Gross premiums on risks writ
ten and renewed during the
year 1561350 03
5 Total 1736250 30
6 Deduct premiums and bills in
course of collection at this
date 176220 49
7 Entire premiums collected dur
ing the year 1560029 81
8 Deduct reinsurance and return
premiums 264533 73
26589 51
26589 51
334586 23
361175 74
27500 68
333675 06
66534 14
9 Net cash actually received for
premiums carried out1295496 08 267140 92 1562637 00
10 Received for interest on bonds and mortgages 24092 43
11 Received for interest and dividends on stocks and bonds
collateral loans and from all other sources 44788 81
12 Income received from all other sources viz Rents 11
48384 11483 84
15 Aggregate amount of income actually received during the
year in cash
1643002 08
VEXPENDITURES DURING THE YEAR
Fire
1 Gross amount actually paid
for losses including 134239
36 losses occurring in previ
ousyears 699971 01
2 Deduct all amounts actually re
ceived for salvages whether
on losses of the last or of pre
vious year 1184677 and
all amounts actually received
for reinsurance in other com
panies 5996182 total deduc
tions 39311 82
Marine and
Inland
230968 61
3 Net amount paid during the
year for losses 660659 19
32496 77
198471 84 859131 03COMPTROLLERGENERALS REPORT
151
4 Cash dividends actually paid stockholders amount of stock
holders dividends declared during the year 5000000
Paid for commissions or brokerage
7 Paid for salaries fees and other charges of officers clerks
agents and all other employees
8 Paid for State national and local taxes in this and other
States
9 All other payments and expenditures viz General oper
ating expenses 9047023 postage 554763 Total
50000 00
326908 50
71108 51
32183 63
96017 86
Aggregate amount of actual expenditures during the
year in cash 1435349 53
Business in State of Georgia during the Year
Fire marine and inland risks 1576968 00
Premiums received 18340 45
Losses paid 10707 4T
Losses incurred 10901 10
BUSINESS IN GEORGIA FOR YEAR ENDING APRIL 30 1898
Risks i372766 00
Premiums
Losses
Tax
1576968 00
18340 45
10707 47
10901 10
22649 30
14918 75
226 49
THE TJ S BRANCH SUN INSURANCE OFFICE INSURANCE CO
OF LONDON ENGLAND
IIASSETS
1 Market value of real estate owned by the company less
the amount of incumbrances thereon 250000 00
2 Loans on bond and mortgage duly recorded and being first
liens on the fee simple 188000 00
3 Interest due on all said bond and mortgage loans
interest accrued thereon 1850 83
4 Value of lands mortgaged exclusive of build
ings and perishable improvements 142000 00
5 Value of buildings mortgaged insured for
12700300 as collateral 152000 00
6 Total value of said mortgaged premises
carried inside 294000 00
9 Total par and market value of stocks and bonds owned ab
solutely by the company 1784350 62
12 Cash in companys principal office 922 68
13 Cash belonging to the company deposited in
bank Merchants Natl Bank 10239844
Western Natl Bank 5725977 Mercan
tile Trust Company 182877 total 161486 98
Total cash items 162499 66
15 Interest due and accrued on stocks not included in mar
ket value uncollected 21802 852 COMPTROLLERGENERALS REPORT
17 Cash in hands of agents and in course of transmission 318357 71
All other assets both real and personal viz Rents due
and accrued 145667 due from other companies for
reinsurance on losses already paid i 456 67
Total assets of the com pan actual cash market value 2728128 27
IIILIABILITIES
1 Losses due and unpaid 28 209 50
2 Gross losses in process of adjustment or in
suspense including all reported and sup
posed losses 122 433 47
3 Losses resisted including interest costs and
other expenses thereon 12 940 00
4 Total gross amount of claims for losses 163582 97
5 Deduct reinsurance thereon 3 50152
6 Net amount of unpaid losses 160 081 45
7 Gross premiums without any deduction re
ceived and receivable upon all unexpired
fire risks running one year or less from
date of policy 14ii649o6 unearned
premiums fifty per cent 573324 53
8 Gross premiums without any deduction re
ceived and receivable upon all unexpired
fire risks running more than one year from
date of policy 164555745 unearned pre
miums pro rata 131132 89
11 Total unearned premiums as computed above carried out 1404 457 42
17 Due and accrued for salaries rent advertising and for
agency and other miscellaneous expenses 310 57
19 All other demands against the company absolute and con
tingentdue and to become due admitted and contested
viz 373360 commissions brokerage etc 6410649
reinsurance 746288 total 75 302 97
20 Total amount of all liabilities except capital stock
scrip and net surplus l gj 5g 51
23 Surplus beyond capital and all other liabilities lo86969 76
24 Aggregate amount of all liabilities including capital paid
up and net surplus 2 78 128 27
IVINCOME DURING THE YEAR
1 Gross premiums and bills in course of col D EiSkS
lection at close of last previous year as
shown by that years statement 312281 14
3 Net collected 3128114
4 Gross premiums on risks written and re
newed during the year 1987709 84
Total 2299 990 98
6 Deduct premiums and bills in course of col
lection at this date 328 520 44COMPTROLLERGENERALS REPORT
153
7 Entire premiums collected during the year 1971470 54
8 Deduct reinsurance and return premiums 355620 68
9 Net cash actually received for premiums
carried out 1615849 86 1615849 86
10 Received for interest on bonds and mortgages 9080 00
11 Received for interests and dividends on stocks and bonds
collateral loans and from all other sources 79386 89
12 Income received from all other sources omitting increase
if any in value of securities 10950 23
15 Aggregate amount of income actually received during the
yearincash 1715266 98
VEXPENDITURES DURING THE YEAR
On Fire Risks
1 Gross amount actually paid for losses in
cluding 142330 losses occurring in pre
vious years 859334 75
2 Deduct all amounts actually received for sal
vages whether on losses of the lat or of
previous year 829314 and all amounts
actually received for reinsurance in other
companies 13203481 total deductions 40327 95
819006 80
295700 52
94672 43
40139 34
3 Net amount paid during the year for losses
6 Paid for commissions or brokerage
7 Paid for salaries fees and other charges of officers clerks
agents and all other employees
8 Paid for State national and local taxes in this and other
States
9 All other payments and expenditures viz General and
agency expenses postage and exchange stationery and
printing advertising and maps 161081 28
10 Amount sent to home offices during the year 250311 78
Aggregate amount of actual expenditures during the
yearincash 1410600 37
Business in the State of Georgia during the Year
Fire marine and inland risks written 1158164 l
Premiums received gross
Losses paid
17791 66
6549 93
6739 50
Losses incurred
BUSINESS IN GEORGIA FOR YEAR ENDING APRIL 30 1898
Risks 1305837 00
Premiums 18403 85
Losses 13140 61
Tax 184 03154 COMPTROLLERGENERALS REPORT
THE SUN MUTUAL FIRE INSURANCE COMPANY OF NEW ORLEANS
LOUISIANA
ICAPITAL
a Whole amount of capital stock 500000 00 500000 00
2 Amount paid up in cash 500000 00
IIASSETS
1 Market value of real estate owned by the company less the
amount of incumbrances thereon 47 500 00
9 Total par and market value of stocks and bonds owned ab
solutely by the company carried out at market value 888546 00
Cash deposited in banks and in companys office Canal
Bank New Orleans La 4782167 New Orleans Na
tional Bank New Orleans La 3057441 National City
Bank New York City 877251 Whitney National
Bank New Orleans La 60000 Provident Saving and
Safe Deposit Bank New Orleans La 100000 Hiber
nia National Bank New Orleans La 40000 Citizens
Bank of Louisiana 40000 Louisiana National Bank of
New Orleans 20000 cash in office 279042 92559 01
All other assets both real and personal viz Rents due
and accrued due from other companies for rein
surance on losses already paid outstanding col
lectiona 68598 15
Total assets of the company actual cash market value 1097203 16
IIILIABILITIES
i Losses due and unpaid 2 046 00
2 Gross losses in process of adjustment or in
suspense including all reported and supposed
losses 45231 00
3 Losses resisted including interest cost and
other expenses thereon u 044 00
4 Total gross amount of claims for losses 58521 00
5 Deduct reinsurance thereon 12038 00
6 Net amount of unpaid losses 46 483 00
7 Gross premiums without any deduction re
ceived and receivable upon all unexpired fire
risks running one year or less from date of
Plicy 340831 40
Unearned premiums fifty per cent 170415 75
8 Gross premiums without any deduction re
ceived and receivable upon all unexpired fire
risks running more than one vear from date
of policy 10277561 unearned premiums
pro rata 5444938
11 Total unearned premiums as computed above carried out 224915 13
16 Cash dividends to stockholders remaining unpaid 12500 00COMPTROLLERGENERALS REPORT
155
19 All other demands against the company absolute and con
tingent due and to become due admitted and contested
viz Commissions 315865 return premiums 317390
reinsurance 175000 reserve for river vs 52247
total
20
21
23
24
8605 02
Total amount of all liabilities except capital stock scrip
and net surplus 292503 15
Joint stock capital actually paid up in cash 500000 00
Surplus beyond capital and all other liabilities 304700 01
Aggregate amount of all liabilities including capital paid
up and net surplus 1097203 16
IVINCOME DURING THE YEAR
On Fire Risks On Marine and
Inland Risks
Gross premiums and bills in course
of collection at close of last pre
vious year as shown by that
years statement 60574 34
Net collected 60574 34
Gross premiums on risks written
and renewed during the year 53329189 2248164
Total 593886 23 22481 64
Deduct premiums and bills in
course collection at this date 64036 33 456182
10
11
12
Entire premiums collected during
the year 529829 90 17919 82
Deduct reinsurance and return
premiums 179695 61 8835 18
Net cash actually received for pre
miums carried out 350134 29 9084 64 359218 93
Received for interest on bonds and mortgages 411 68
Received for interests and dividends on stocks and bonds
collateral loans and from all other sources 35681 85
Income received from all other sources omitting increase
if any in value of securities viz Rents 376508 bills
receivable 19474 discount on losses paid 43802
P and L account 79654 enhancement in securities
2618935 total 31383 73
15
Aggregate amount of income actually received during the
year in cash 426696 19
VEXPENDITURES DURING THE YEAR
On Fire Ritke On Marine and
Inland Risks
Gross amount actually paid for losses
including 2230706 losses oc
curring in previous years197697 43 4647 54156
COMPTROLLERGENERALS REPORT
2 Deduct all amounts actually received
for salvages whether on losses of
the last or of previous year 1
53786 F 6529 R and all amts
actually received for reinsurances
in other companies 3259040 P
169251 R and M total deduc
tions 31128 26
1692 51
3 Net amount paid during the year for
losses 163569 17 2955 03
4 Cash dividends actually paid stockholders amount of stock
holders dividends declared during the year
6 Paid for commissions or brokerage
7 Paid for salaries fees and other charges of officers clerks
agents and all other employees
8 Paid for State national and local taxes in this and Other
States
9 All other payments and expenditures viz Rent 170000
dep in securities 530250 printing and stationery ac
count 240710 repairs to real estate 204763 legal
expenses 100000 miscellaneous 3179661 boards
654619 total
Aggregate amount of actual expenditures during the
year in cash
Business in the State of Georgia during the Year
Fire Risks
Fire marine and inland risks written 1648482 00
Premiums received gross 27582 40
Losses paid 15344 05
Losses incurred 15 174 35
166524 20
50000 00
56166 07
22569 60
5767 09
61232 19
362259 15
Aggregate
1648482 00
27582 40
15844 05
15174 35
Risks
Premiums
Losses
Tax
BUSINESS IN GEORGIA FOE YEAR ENDING APRIL 30 1898
1703816 00
28184 46
23742 12
281 84
UNION ASSURANCE SOCIETY OF LONDON ENGLAND
ICAPITAL
1 Whole amount of capital stock 2 250 000 00
2 Amount paid up in cash 900 000 00
II ASSETS
1 Market value of real estate owned by the company less
the amount of incumbrances thereon 200 000 00
8 Total par and market value of stocks and bonds owned
absolutely by the company carried out at market value 1079422 75
12 Cash in companys principal office 6 180 20
13 Casli belonging to the company deposited in Union Trust
Co 816815 Tallant Banking Co 1221945 Total 20 38710COMPTROLLERGENERALS REPORT
157
15 Interest due and accrued on stocks not included in mar
ket value uncollected 1992 50
17 Cash in hands of agents and in course of transmission 38047 26
All other assets both real and personal viz Rents due
and accrued due from other companies for re
insurance on losses already paid Manhattan Fire In
surance Co 11000000 agents balances 7972542
Total 189725 42
Total assets of the company actual cash market value 1535755 73
IIILIABILITIES
1 Losses due and unpaid 26788 80
2 Gross losses in process of adjustment or in
suspense including all reported and sup
posed losses 62270 62
3 Losses resisted including interest costs and
other expenses thereon 29052 00
4 Total gross amount of claims for losses 125111 42
5 Deduct reinsurance thereon 42 19
6 Net amount of unpaid losses 125069 23
7 Gross premiums without any deduction re
ceived and receivable upon all unexpired
Are risks running one year or less from
date of policy 75381503 unearned pre
miums fifty per cent 376907 51
8 Gross premiums without any deduction re
ceived and receivable upon all unexpired
Are risks running more than one year
from date of policy 23779173 unearned
premiums pro rata 122354 51
9 Gross premiums without any deduction in
cluding both cash and bills received and
receivable upon all unexpired inland
navigation viz Manhattan 10366667 103666 67
11 Total unearned premiums as computed above carried out 602928 69
19 All other demands against the company absolute and
contingent due and to become due admitted and con
tested viz Commissions brokerage etc 562801
reinsurance 4747261 Total53100 62
20 Total amount of all liabilities except capital stock
scrip and net surplus 781098 54
23 Surplus beyond capital and all other liabilities 754657 19
24 Aggregate amount of all liabilities including capital paid
up and net surplus 1535755 73
IVINCOME DURING THE YEAR
on Fire Eisks
1 Gross premiums and bills in course of col
lection at close of last previous year as
shown by that years statement 4786957
3 Net collected 47869 57158
COMPTROLLERGENERALS REPORT
4 Gross premiums on risks written and re
newed during the year 1445791 7
5 Total 149366136
6 Deduct premiums and bills in course of col
lection at this date 38047 26
7 Entire premiums collected during the year
Cash notes 1455614 10
8 Deduct reinsurance and return premiums 380273 91
9 Net cash actually received for premiums
carried out 1075340 19
11 Received for interests and dividends on stocks and bonds
collateral loans and from all other sources
12 Income received from all other sources omitting increase
if any in value of securities viz Rents
All other
15 Aggregate amount of income actually received during the
year in cash
VEXPENDITURES DURING THE YEAR
On Fire Risks
1 Gross amount paid actually for losses in
cluding 4812783 losses occurring in pre
vious years 435819 16
2 Deduct all amounts actually received for
salvages whether on losses of the last or
previous year 451670 and all amounts
actually received for reinsurances in
other companies 323830 Total deduc
tions 7755 oo
1075340 19
35638 27
705 36
55424 62
1167108 44
428064 16
3 Net amount paid during the year for losses
6 Paid for commissions or brokerage
7 Paid for salaries fees and other charges of officers clerks
agents and all other employees
8 Paid for State national and local taxes in this and other
States real estate 166424
9 All other payments and expenditures viz Pees 353679
advertising 162915 sundry 399400 building etc
4251531 Total
428064 16
270682 15
45208 04
17593 14
51674 25
Aggregate amount of actual expenditures during the
year in cash
Business in tht Stati of Georgia during tht Year
Fire marine and inland risks written
Premiums received gross
BUSINESS IN GEORGIA FOR YEAR ENDING APRIL 30
Risks
Premiums
Losses
Tax
813221 74
Fire Risks
232937 00
2431 52
466736 00
4305 50
118 44
43 05COMPTROLLERGENERALS REPORT 159
THE WESTERN ASSURANCE COMPANY OF TORONTO CANADA
IIASSETS
1 Market value of real estate owned by the company less the
amount of incumbrances thereon
9 Total par and market value of stocks and bonds owned
absolutely by the company carried out at market value
12 Cash in companys principal office 128 95
13 Cash belonging to the company deposited in
bank Alex Laird and Wm Gray agents
Canadian Bank of Commerce New York
24124733 Com Exchange Bank
Chicago 29749 total 241544 82
17 Cash in hands of agents and in course of transmission
18 Bills receivable not matured taken for fire marine and
inland risks
25000 0C
1165526 88
241544 82
253631 42
34600 07
Total assets of the company actual cash market value 1720432 14
IIILIABILITIES
1 Losses due and unpaid 20576 89
2 Gross losses in process of adjustment or in
suspense including all reported and sup
posed losses 138331 42
3 Losses resisted including interest costs and
other expenses thereon 15227 99
4 Total gross amount of claims for losses 183136 30
6 Net amount of unpaid losses
10
10
18
183136 30
7 Gross premiums without any deduction re
ceived and receivable upon all unexpired
fire risks running one year or less from
date of policy 103115701 unearned pre
miums fifty per cent 515578 50
8 Gross premiums without any deduction re
ceived and receivable upon all unexpired
fire risks running more than one year from
date of policy 06076958 unearned pre
miums pro rata 344234 98
9 Gross premiums without any deduction in
cluding both cash and bills received and
receivable upon all unexpired inland navi
gation and marine risks 4815592 fifty
per cent 2407751 Time Hull 18
59244 fifty per cent 9296 22
Gross premiums without any deduction re
ceived and receivable on all unexpired
marine risks cargo 100 per cent 3335 75
Total unearned premiums as computed above carried out 896522 94
All other demands against the company absolute and con
tingent due and to become due admitted and contested 34491 58
20 Total amount of all liabilities except capital stock scrip
and net surplus 1114150 82
no16C COMPTROLLERGENERALS REPORT
IVINCOME DURING THE YEAR
1 3 4 5 6 7 8 9 10 11 16 Gross premiums and bills in course of collection at close of last previous year as shown by that years stateNet collected On Fire Risks 275835 40 On Marine and Inland Risks 48679 45 1 1725415 34 1680 00 43313 40 1770418 74
275835 40 1693879 59 48679 45 318542 26 367221 71 59971 07
Gross premiums on risks written and renewed during the
Total Deduct premiums and bills in course of collection at this Entire premiums collected during the year
1969714 99 228260 42
1741454 57 284154 56 1457300 01 md mortgages ends on stocks other sources le actually rece 307250 64 39125 31
Deduct reinsurance rebate abatement and return premiums
Net cash actually received for premiums carried out Received for interest on bonds Received for interests and divic collateral loans and from all Aggregate amount of incon
258125 33and bonds
iived during
VEXPENDITURES DURING THE YEAR
1 2 3 6 7 8 Gross amount actually paid for losses including 15004078 losses occurring in previous years Deduct all amounts actually received for salvages whether on losses of the last or preNet amount paid during the year for losses On Fire Risks 786340 41 37602 81 On Marine and Inland Risks 282951 40 58785 20 972903 80 349350 50 41500 00 46302 00 130764 45 1540820 75
748737 60 224166 20ge charges of officers clerks es al taxes in this and other
Paid for commissions or broker Paid for salaries fees and other agents and all other employe Paid for State national and loc
Total
Aggregate amount of actual expenditures during the year in cash

COMPTROLLERGENERALS REPORT 161
Business in the State of Georgia during the year
Fire Risks
Fire marine and inland risks written 1386342 96
Premiums received 24014 62
Losses paid 6803 53
Losses incurred 7580 65
BUSINESS IN GEOEGIA FOB YEAR ENDING APRIL 30 1898
Risks 1637547 00
Premiums 22730 06
Losses 13777 56
Tax 227 30
THE WESTCHESTER FIRE INSURANCE CO OF NEW YORK N Y
ICAPITAL
1 Whole amount of capital stock 3000000 00 3000000 00
2 Amount paid up in cash 3000000 00
IIASSETS
1 Market value of real estate owned by the company less
the amount of incumbrances thereon
2 Loans on bond and mortgage duly recorded and being first
liens on the fee simple
3 Interest due on all said bond and mortgage loans 429010
interest accrued thereon 257697 total
4 Value of lands mortgaged exclusive of build
ings and perishable improvements 374000 00
5 Value of buildings mortgaged insured for
519100 as collateral 678800 00
6 Total value of said mortgaged premises
carried inside 1052800 00
Total par and market value of stocks and bonds owned
absolutely by the company carried out at market value
Total amount loaned on stocks bonds and all othersecurities
except morgages hypothecated to the company as col
lateral security for cash actually loaned by the company
13 Cash belonging to the company deposited in bank Chat
ham Nat Bank N Y 4992091 Union Trust Co
3329376 total
16 Interest due and accrued on collateral loans and uncol
lected
17 Cash in hands of agents and in course of transmission
219000 00
501030 00
686707
9
11
1466000 00
2500 00
83214 67
142 50
252608 20
Total assets of the company actual cash market value 2531362 44
IIILIABILITIES
1 Loans due and unpaid
2 Gross losses in process of adjustment or in
suspense including all reported and sup
posed losses
30768 90
71167 22162 COMPTROLLERGENERALS REPORT
3 Losses resisted including interest costs and
4 Total gross amount of claims for losses 9100 00
111036 12
5 Deduct reinsurance thereon Spring Garden
Ins Co 228667 2286 67 108749 45

7 Gross premiums without any deduction re
ceived and receivable upon all unexpired
fire risks running one year or less from
date of policy 89409575 unearned pre
447047 88
8 Gross premiums without any deduction re
ceived and receivable upon all unexpired
fire risks running more than one year from
date of policy 122108986 unearned pre
11 Total unearned premiums as computed a 624496 90
aove carried
1071544 78
19 All other demands against the company absolute and con
tingent due and to become due admitted and contested
via Commissions brokerage and other charges due
agents and brokers on premiums paid and in course of
51240 60
20 Total amount of all liabilities except
capital stock
1231534 83
21 Joint stock capital actually paid up in cash son rinn on
23 Surplus beyond capital and all other liabilitie 24 Aggregate amount of all liabilities incl 3 999827 61

uding capital
2531362 44
IVINCOME DURING THE YEAR
1 Gross premiums and bills in course of col
lection at close of last previous year as On Fire Risks
234932 76
2 Deduct amount of same not collected 7362 9
227530 57
4 Gross premiums on risks written and re
1466726 37
1694256 94
6 Deduct premiums and bills in course of col
252608 20
7 Entire premiums collected during the year
1441648 74
8 Deduct reinsurance and return premiums 9 Net cash actually received for premiums 184241 72

1257407 02 1257407 29406 02 01
10 Received for interest on bonds and mortgages
COMPTROLLERGENERALS REPORT
163
11 Received for interests and dividends on stocks and bonds
collateral loans and from all other sources
12 Income received from all other sources omitting increase
if any in value of securities viz Rents
15 Aggregate amount of income actually received dur
ing the year in cash
54841 90
559 98
1342217 91
VEXPENDITURES DURING THE YEAR
Gross amount actually paid for losses in
cluding 10268537 losses occurring in pre
vious years
Deduct all amounts actually received for sal
vages whether on losses of the last or of
previous year 303832 and all amounts
actually received for reinsurances in
other companies 2903265 total reduc
tions
Fire
621536 11
32070 97
3 Net amnt paid during the year for losses 589465 14
4 Cash dividends actually paid stockholders amount of stock
holders dividends declared during the year
6 Paid for commission or brokerage
7 Paid for salaries fees and other charges of officers clerks
agents and all other employees
8 Paid for State national and local taxes in this and other
States
9 All other payments and expenditures viz Postage tele
graph expenses advertising rent printing and station
ery fire patrols general agency and traveling maps
repairs legal and incidental total
Aggregate amount of actual expenditures during the
year in cash
Business in the Stale of Georgia during the Year
Fire marine and inland risks written
Premiums received gross
Losses paid
Losses incurred
589465 14
30000 00
269275 39
100036 61
31027 64
113034 59
1132839 37
BUSINESS IN GEORGIA FOR THE YEAR ENDING APRIL 30
Risks
Premiums
Losses
Tax
1323579 00
19075 54
10086 48
10111 59
1898
1652554 00
23198 43
21293 36
231 98
THE WILLIAMSBURGH CITY FIRE INSURANCE COMPANY OF
NEW YORK N Y
ICAPITAL STOCK
1 Amount of capital stock authorized 250000 00
Amount of capital stock subscribed for 250000 00
2 Amount of capital paid up in cash 250000 00
Amount of net ledger assets December 31 of previous year 1487388 86164 COMPTROLLERGENERALS REPORT
IIINCOME DURING THE YEAR
As shown by the books at home office at close of business December 31
1 Gross premiums and bills unpaid at close of
previous year as shown by that years
statement 89116 87
2 Deduct amount of same not collected 7129 35
3 Net collected 81987 52
4 Gross premiums written and renewed dur
ing the year 695383 82
5 Total 777371 34
6 Deduct gross premiums and bills in course
of collection at this date 94029 81
7 Entire premiums collected during the year 683341 53
8 Deduct reinsurance rebate abatement and
return premiums 89491 48
9 Received for premiums other than per
petuals 593850 05 593S50 05
11 Rents from companys property including
15500 for companys use of own buildings 45286 49
12 Interest on real estate mortgage loans 14200 71
13 Interest and dividends on stocks and bonds 28466 11
Total rents and interest 37 953 31
14 Profit on sale or maturity of ledger assets during the year
overbook values 27 964 31
Total income during the year 709 767 67
Total footings 2197156 53
IIIDISIiURSEMENTS DURING THE YEAR
As shown by the books at home office at close of business December 31
Fire
1 Gross amount paid for losses including 32
36498 occurring in previous years 244022 41
2 Deduct amounts received for salvages on
losses of the last or of previous years
297914 and from reinsurance in other
companies 878531 11764 45
3 Net amount paid during the year for losses 232257 96 232 257 96
5 Paid stockholders for interest or dividends amount de
clared during the year 50000 50 415 00
7 Commissions or brokerage to agents less received on re
insurance 145240 55
9 Rents including 15500 for companys use of own build
ing9 17200 00
10 Salaries fees and all other charges 65 802 96COMPTROLLERGENERALS REPORT 165
11 Taxes on premiums 816195 on real estate 778032 on
other investments 204525 17987 52
13 Repairs and expenses on real estate 1152130 Miscella
neous 4317085 54692 15
Total expenditures during the vear 583596 14
Balance 1613560 39
Invested in the following
IVLEDGER ASSETS
As per ledger accounts shown by the books at home office at close of business
Dtcember 31
1 Book value real estate unincumbered 629000 00
2 Mortgage loans on real estate 250900 00
4 Book value of bonds excluding interest 648587 27
5 Cash in companys office 3388 72
Deposited in banks First National Bank of
Brooklyn 7663960 Chatham National
Bank of New York 327681 Mechanics
National Bank of Brooklyn 176799 81684 40
Total net ledger assets 1613560 39
NONLEDGER ASSETS
8 Interest due 159 arid accrued 95693 on
mortgages 1115 9o
9 Interest due 468385 and accrued 75 on
bonds and stocks 4758 85
12 Rents accrued on companys property or
lease 5349 49
Total carried out 11224 27
14 Market value not including interest in item 9 of bonds
and stocks over book value 80657 73
15 Gross premiums in course of collection December 31 not
more than three months due 92054 83
16 Deduct cost of collection commission and
brokerage 15013 9
17 Net amount of uncollected premiums not
more than three months due 77040 91
18 Gross premiums in course of collection December 31 more
than three months due carried in 197498
Gross assets 1782483 30
V NONLEDGER LIABILITIES
1 Losses adjusted and unpaid 14225 47
2 Losses in process of adjustment or in sus
pense including all reported and supposed
losses 40989 31
3 Losses resisted not outlawed including in
terest costs and other expenses thereon 4217 77166
COMPTROLLERGENERALS REPORT
Total amount of claims for losses
Deduct reinsurance due or accrued
59432 55
1013 89
6 Net amount of unpaid losses
7 Gross premiums less reinsurance received
and receivable upon all unexpired Are
risks running one year or less from date
of policy including interest premiums on
perpetual fire risks 375S9980 unearned
premiums fifty per cent
8 Gross premiums less reinsurance received
and receivable upon all unexpired fire
risks running more than one year from
date of policy 66406842 unearned pre
miums pro rata 344 581 27
58418 66 58418 66
187949 90
11
Total unearned premiums as computed
above 532531 17
17 Cash dividends remaining unpaid to stockholders
18 Salaries rent expenses taxes bills accounts fees etc
due or accrued
20 Reinsurance premiums
22 Total amount of all liabilities
23 Jointstock capital actually paid up in cash
Divisible surplus
532531 17
15 00
5361 72
1008 89
25
Total
Business in the State of Georgia during the Year
15 Gross risks written
16 Gross premiums received
17 Losses paid
18 Losses incurred
19 Amount at risk
597335 44
250000 00
935147 86
1782483 30
1053559 00
14848 84
6500 98
7554 29
1013578 00
BUSINESS IX GEORGIA FOR YEAR ENDING APRIL 30 1898
Risks
Premiums
Losses
Tax
1190507 00
16686 49
7124 37
166 86
THE ETNA LIFE INSURANCE COMPANY HARTFORD CONN
ICAPITAL STOCK
1 Amount of capital stock author
ized 2000000 00
Subscribed for 1750000 00
2 Amount of capital paid up in
cash 1750000 00
Amount of net ledger assets De
cember 31 of previous year43481046 66
Extended at 43481046 66COMPTROLLERGENERALS REPORT 167
IIINCOME DURING YEAK
As Shown by the Boohs at Home Office at Close of Business December 31
1 First years premiums less in
terest included in deferred
premiums and 25325 for first
years reinsurance 711224 17
2 Renewal premiums less interest
included in deferred premi
ums and 184727 for renewal
reinsurance 3768847 38
3 Dividends applied by policyhold
ers to pay running premiums 650034 71
5 Surrender values applied to pay
running premiums first year
premiums 28055 renewals
472585 32780 85
6 Surrender values applied to pur
chase paidup insurance and
annuities 237162 25
8 Total premium income 5400049 36
9 Rents from companys property
including 13000 for compa
nys use of own buildings 37950 87
Interest on loans on mortgages
of real estate 1692060 18
Interest on collateral loans in
cluding premium notes loans
or liens 142150 72
Interest on bonds and dividends
on stocks 593874 10
Interest on other debts due the
company and on deposits in
bank 21952 71
Discount on claims paid in ad
vance 2145 86
Total rents and interest 2490134 44
Profit on sales of real estate 3115 00
Total income Life department 7893298 80
Total income Accident department 604253 09
Total income during the year 8497551 89
Sum of both amounts 51978598 55
IIIDISBURSEMENTS DURING THE YEAR
As Shown by the Books at Home Office at Close of Business December 31
1 For death claims 232170008
additions 214861 2323848 69
2 Matured endowments 1103447 30
3 Installment death claims 15482 00
Total 3442777 99
10
11
12
13
14
15163 COMPTROLLERGENERALS 4 Deduct amount received from other companies for claims on policies of this company re REPORT 3439122 99 261125 17 650034 71 158074 00 32780 85 237162 25 175000 00 6325S6 66 20384 31 122354 13 42390 97 137102 26 10206 48 8444 68 20520 42 28843 60 69272 95 24635 52 11772 70 323 04 20323 35 8295 06

5 Total net amount actuallypaid for losses and matur
8 Dividends paid policyholders less 27182 received for dividends on reinsurances 9 Dividends applied by policyholders to pay
11 Surrender values paid 12 Surrender values applied to pay running premiums
13 Surrender values applied to purchase paidup reinsurance and annuities
Total paid policyholders 477829997 14 Paid stockholders for interest or dividends 15 Commissions and bonuses to agents less commission received on reinsurances new policies 33632880 renewal policies 296257 S6
17 Salaries and allowances for agencies including managers agents and clerks
18 Salaries and all other compensation officers 48300 home office employees 7505413 19 Medical examiners fees 37520 inspection of risks 487097
20 Taxes on new premiums 608290 renewal premiums 3312655 on franchise S819436 on reserves 559226 municipal licenses 410619
21 Taxes on real estate
22 Insurance department fees and agents licenses 23 Repairs and expenses other than taxes on real estate
24 Rent including 13000 for companys use of own buildings
25 Advertising 1782605 printing and stationery 2421527 postage 2723163 26 Legal expenses 2242301 for furniture etc 221251
27 Losses on sale or maturity of securities 28 All other items viz Agency balances charged profit and loss
Supplies 1504008 express 347225 telegraph 181102
Travel 466865 exchange 235513 incidentals 127118
Total miscellaneous expenses 2861841
COMPTROLLERGENERALS REPORT
169
Toal disbursements Life department 6110756 05
Total disbursements Accident department 5193o2 89
Total disbursements 6630108 94
Balance 45348489 61
Invested in the following
IV LEDGER ASSETS
As per Ledger Accounts Shown by the Books at Home Office at Close of Business
December 31
1 Book value real estate unincumbered 511681 00
2 Mortage loans on real estate first liens24542856 65
3 Loans secured by pledge of bonds stocks or
other collateral 441090 70
4 Loans made to policyholders on this compa
nys policies assigned as collateral 1289865 00
5 Premium notes on policies in force of which
159738 is for first years premiums 596167 70
6 Book value bonds excluding interest f 11197
34892 stocks 18773689713074717 89
7 Cash in companys office 52582659 depos
ited in bank 432348356 4849340 15
8 Bills receivable 180259 agents debit bal
ances 3573209 5382468
Total45359543 77
DEDUCT LEDGER LIABILITIES
9 Agents credit balances 105099 all other
1000317 1L054 16
Total net ledger assets as per balance
above 45348489 61
NONLEDGER ASSETS
10 Interest due 11457459 and accrued 485
40630 on mortgages 599980 89
11 Interest due 1711845 and accrued 97
54559 on bonds and stocks 114664 04
12 Interest accrued on collateral loans 1728 22
13 Interest due on premium notes loans or liens 129358 16
14 Interest due on other assets 28623 91
15 Rents due 279324 and accrued 3125 on
companys property or lease 2824 49
16 Market value of real estate over book value 977179 71
17 Market value of bonds and stocks over book value 878098 88
New Business Renewals
18 Gross premiums not more than
three months due after period
of grace unreported on policies
outstanding December 31 33238 27 154823 61
19 Gross deferred premiums on pol
icies outstanding December 31 4786188 229018 36HO COMPTROLLERGENERALS REPORT
1 r a Ttala 81100 15 383841 97
21 Deduct cost of collection 50 per
cent on new and 8 per
cent on renewals 40550 08 30707 36
22 Net amount of uncollected and
deferred premiums 40550 07 353134 61 393 684 68
GrOS8a98ets 47597452 88
DEDUCT ASSETS NOT ADMITTED
3 Agents debit balances n t secured by bonds 11846 42
4 Bills receivable unsecured 225 00
6 Commissions payable to agents on premium
notes when paid 414 35
TotaI 12485 77
Total admitted assets 47 584 967 11
VXONLEDGER LIABILITIES
As Shown by the Books at Home Office at Close of Business December 31
1 Net present value of all the outstanding poli
cies in force on the 31st day of December
1897 as computed by the company accord
ing to the Actuaries Table of Mortality
with four per cent interest39579121 00
Tota39579121 00
Deduct net value of risks of this company re
insured in other solvent companies 42 032 00
Netreserve 39537089 00
2 Present value ol amounts not yet due on matured install
ment policies face 950000 8 363 00
3 Matured endowments due and unpaid 48075 00
5 Death losses in process of adjustment or ad
justed and not due m 211 00
6 Death losses which have been reported and
no proofs received 34 103 00
7 Death losses and other policy claims resisted
by the company not yet outlawed 33146 00
Gross policy claims 226555 00
Net policy claims777 226555 00
y Unpaid dividends or otherprofits due policyholders includ
ing those contingent on payment of outstanding and de
ferred premiums 635987 25
12 Premiums paid in advance 784 16
13 Surrender values claimable on policies canceled whose re
serves are not included in item 1 15 638 00
Total liabilities Life department 40 4q 4lfi 41
Total liabilities Accident department 260677 00
Liabilities on policyholders account 40 fioTlVW 41
Gross divisible surplus 5 137 gyg 70 wbJUJ3 41
Capital stock paid up lOOO 00 6887873 70
Total 4758496711COMPTROLLERGENERALS REPORT
171
Business in the State of Georgia During the Year
No Amount
Number and amount of policies on the lives of citizens of
said State in force December 31 of previous year 779 1841063 00
Number and amount of policies on the lives of citizens of
said State issued during the year 198 524621 00
Total 977 2365684 00
Deduct number and amount which have ceased to be
in force during the year 119 296517 00
Total number and amount of policies in force in
said State December 31 last 858 2069167 00
Amount of losses and claims on policies in said State un
paid December 31 of previous year 2 1150 00
Amount of losses and claims on policies in said State in
curred during the year 18 58936 00
Total 20 60086 00
Amount of losses and claims on policies in said State settled
during the year in cash 19 60026 00
Amount of premiums collected or secured in said State
during the year in cash and notes or credits without
any deduction for losses dividends commissions or
other expenses Cash 4624384 notes or credits
17805 total 4642189
BUSINESS IN GEORGIA FOK YEAR ENDING APRIL 30 1898
Risks written during the year 610825 00
Premiums 50094 87
Losses 57971 00
Tax 500 94
THE AMERICAN UNION LIFE INSURANCE COMPANY
ICAPITAL
1 Amount of capital stock paid up
in each 500000 00
Amount of net or ledger assets December 31
of previous year 459175 45
Extended at 459175 45
IIINCOME DURING YEAR
1 Cash received for premiums on
new policies without deduc
tions for commissions or other
expenses 102104 87
1J Cash received for renewal pre
miums without deductions for
commissions or other expenses 104333 84
4J From surrender values applied
to purchase paidup insurance
and annuities see item 15
Disbursements 1450 55
Total 207889 26172 COMPTROLLERGENERALS REPORT
7 Total premium income 207889 26
8 Cash received for interest on mortgage loans 1440 00
9 Cash received for interest on bonds owned
and dividends on stock 11237 50
10 Cash received for interest on premium notes
loans or liens 343 78
11 Cash received for interest on other debts due 1856 86
12 Cash received as interest on deferred pre
3468 53 226235 93

Total
685411 38
IIIDISBURSEMENTS DURING THE YEAR 1897
1 Cash paid for death claims includ
ing revisionary additions 37462 36
5 Cash paid for sums falling due
during the year on installment

Total 39402 36
7 Total net amount actually paid for
losses and matured endowments 39462 36
13 Surrender values paid in cash 346 85
15 Surrender values applied to purchase paidup
insurance and annuities see item 4J Income 1450 55
Total paid policyholders 4125976
17 Cash paid for commissions and bonuses to agents
less commission on reinsurance new pol
icies 6050089 renewals 1036881 70869 70
18 Cash paid for salaries and allowances to man
agers and agents 24442 55
19 Cash paid for medical examiners fees 9286
10 inspection of risks 162969 10915 79
20 Cash paid for salaries and other compensation
of officers and other home office employees 43354 71
21 Cash paid for taxes on new premiums 62146
on renewals 60217 1223 63
22 Cash paid for taxes on reserves on in
vestments on franchise 10 00
23 Cash paid for insurance department fees and
agents licenses 310354 municipal licenses
6901 3172 55
24 Cash paid for rent including companys
occupancy less received under sub
7499 98
25 Loss on sale of securities 1000 00
26 Cash paid for furniture fixtures and safes for
home and agency offices 1481 01
27 Cash paid for advertising 308270 printing
653834 postage 187904 11500 08
28 Cash paid for real estate expenses other than
taxes for legal expenses 362045 3620 45
COMPTROLLERGENERALS REPORT
173
29 Cash paid for the following items viz Miscel
laneous expenses 806019 traveling ex
penses 534004 profit and loss 17816
Total miscellaneous expenses 19266884
1357839
30
31
Total disbursements
Balance
233928 60
451482 78
Invested in the following
IVASSETS AS PER LEDGER ACCOUNTS
12000 00
2li
2 Loans on mortgage first liens
5 b Premium notes loans or liens on policies
in force of which 155235 was received
during the year
6 c Cost value of bonds and stocks owned ex
cluding accrued interest at time of purchase 304053 96
7 Cash in companys office 5548 47
8 Cash deposited in banks 56111 50
Bills receivable 2903 30
Agents ledger balances of which was
advanced during the year 68747 87
Total net or ledger assets as per balance
above 451482 78
Deduct depreciation from cost of assets to
market value 4815 71
9
10
11
12
13
14
15
Total net or ledger assets less depreciation
Other Assets
Interest due and accrued 14000 on
mortgages
Interest due an accrued 416080 on
bonds and stocks
140 00
4160 80
446667 07
Total carried out
2300 80
23
24
25
26
27
28
New Business
32258 27
33556 86
Renewals
8079 82
15986 39
Gross premiums due and unre
ported on policies in force De
cember 31 1897
Gross deferred premiums on poli
cies in force December 31 1897
Totals 65815 13
Deducting loading 20 per cent on
new and 20 per cent on re
newals 13163 03
Net amount of uncollected and de
ferred premiums 52652 10 19252 97
Furniture fixtures and safes 800000 commuted commis
sions judgments
Printing stationery etc
24066 21
4813 24
71905 07
8000 00
4000 00
Total assets as per the books of the company
534872 94174
COMPTROLLERGENERALS REPORT
Items Not Admitted
2 Judgments furniture fixtures and safes 8000 00
3 Printing stationery etc 4 000 00
5 Agents balances not secured by bonds 34172 92
Total
9 Total assets less items not admitted
46172 92
488700 02
151351 00
VLIABILITIES
1 Net present value of all the outstanding poli
cies in force on the 31st day of December
1897 computed according to the Actuarys
Table of Mortality with four per cent in
terest 151351 00
Net reinsurance reserve
5 Claims for death losses and matured endow
ments in process of adjustment or adjusted
and not due 30200 00
8 Present value of unpaid amounts on matured
installment policies face 30000 20250 00
13 A mount due on account of salaries rents and office expenses
17 Liabilities on policyholders account
18 Gross surplus on policyholdersaccount 284 595 38
2303 64
204104 64
19
Total liabilities
BUSINESS IN GEORGIA DURING 1897
No
Number and amount of policies on the lives of citizens of
Georgia in force December 31 of previous year 43
Number and amount of policies on the lives of citizens of
Georgia issued during the year 50
Total
Deduct number and amount which have ceased to be in force
during the year 34
Total number and amount of policies in force in Georgia
December 31 1897 59
488700 02
Amount
153130
149655
302785
135625
167160
BUSINESS IN GEORGIA FOR YEAR ENDING APRIL 30 1898
Risks written during the year139 430 qq
Premiums 3402 s9
34 02
Tax
THE CONNECTICUT MUTUAL LIFE INSURANCE COMPANY HART
FORD CONN
ICAPITAL STOCK
Amount of net ledger assets December 31
of previous year 60981671 61
Extended at 60981671 61COMPTROLLERGENERALS REPORT
175
IIINCOME DURING YEAR 1897
As Shown by the Books at the Home Office at Close of Business December 31
1 First years premiums less in
terest included in deferred
premiums 332891 94
2 Renewal premiums less inter
est included in deferred pre
miums 3144835 79
3 Dividends applied by policy
holders to pay running pre
miums see item 9 Disburse
ments1093661 67
5 Surrender values applied to pay
running premiums 1st year
premiums 846854 renew
als 2392972 see item 12
Disbursements 32398 26
6 Surrender values applied to pur
chase paidup insurance and
annuities see item 13 Dis
bursements 139622 38
8 Total premium income 4743410 04
9 Rents from companys property 295490 43
10 interest on loans on mortgages
of real estate2062054 79
11 Interest on collateral loans in
cluding premium notes loans
or liens 65059 82
12 Interest on bonds and dividends
on stocks 693966 44
13 Interest on other debts due the
company and on deposits in
banks 34317 18
14 Discount on claims paid in ad
vance 215581 interest on
deferred premiums 2155 81
Total rents and interest 3153044 47
15 Profits on sales of real estate
3397339 on sale or matur
ity of securities 3149150
17 From other sources
Less miscellaneous charges
profil and loss
65464 89
4 93
180 00 65289 82
Total income daring the year 7961744 33
Sum of both amounts 68943415 94
12c176 COMPTROLLERGENERALS REPORT
IIIDISBURSEMENTS DURING YEAR 1897
A s Shown by the Books at the Home Office atClost of Business December 31
1 For death claims 405351523 additions 4053515 23
2 Matured endowments 403317 i
5 00 additions 403 317 00
Total net amount actually paid for
losses and matured endowments 4456832 23
7 Premium notes voided by lapse less 1
11300 restored by revival 917 00
8 Dividends applied by policyholders less received for dividends on reinsur
ances 190819 81
a Dividends applied by policyholders to pay
running premiums see item 3 Income 1093661 67
u Surrender values paid less received
on surrendered reinsurances 423196 12
12 Surrendered values applied to pay running
premiums see item 5 Income 32398 26
13 Surrender values applied to purchase paidup insurance and annuities see item 3
Income 139622 38
Total paid policyholders 633744747
15 Commissions and bonuses to agents less commission received on reinsurances new policies 8777160 renewal policies
352330 74
17 Salaries and allowances for agencies in
cluding managers agents and clerks 23999 82
18 Salaries and all other compensation officers 5863603 home office employees 91
57043 150206 46
19 Medical examiners fees 2236054 inspec
tion of risks 22360 54
20 Taxes on new premiums 282790 renewal
premiums 2545117 on franchise 151
41501 on reserves 1094715 on muni
cipal and State licenses 239395 193035 18
21 Taxes on real estate 14837253 on other
148372 53
22 Insurance department fees and agents li
5530 72
23 Repairs and expenses other than taxes on
156834 27
24 Rent less 55200 received under sublease 6523 02
25 Advertising 3929946 printing ami sta
tionery 2674647 postage 2122590 87271 83
26 Legal expenses 1518572 for furniture
etc 15185 72
Express 356387 telegraph 140884 4972 71
COMPTROLLERGENERALS REPORT
177
Traveling 2152746 miscellaneous
926709
Total miscellaneous expenses 119741809
30794 55
Total disbursements 7534865 56
Balance 61408550 38
Invested in the following
IVLEDGER ASSETS
As per Ledger Accounts Shown by the Books at the Home Office at Close of Busi
December 31
1 Book value of real estate unincum
bered 984091484 incumbered 9840914 84
2 Mortgage loans on real estate first liens
3304567368 other than first 33045673 68
3 Loans secured by pledge of bonds stocks
or other collaterals 2300 00
5 Premium notes on policies in force 984315 72
6 Book value bonds excluding interest
1592467425 stocks 47350416 16398178 41
7 Cash in companys office deposited
in bank 113596553 1135965 53
J P Morgan Co N Y 35450292
First Natl Hartford 8262852 Conn
Trust and Safe Deposit Co Hartford
298947 State Hartford 8834819
Farmers and Mechanics Hartford 664
83 Phoenix National Hartford 247
63800 City Hartford 6323510
4619 17
Totalr 61410967 35
DBDIKT LEDGER LIABILITIES
9 Agentscredit balances 241697 borrowed
money aH other
2416 97
Total net ledger assets as per balance above 61408550 38
NONLEDGER ASSETS
10 Interest due 13197290 and accrued 614
59745 on mortgages
11 Interest due and accrued 15524691
on bonds and stocks
12 Interest due and accrued 2875 on
collateral loans
13 Interest due 9547531 and accrued 32
32839 on premium notes loans or liens
15 Rents due 1596249 and accrued on
companys property or lease
17 Market value of bonds and stocks over book
value
746570 35
155246 91
28 75
127803 70
15962 491045612 20
771770 27178 COMPTROLLERGENERALS REPORT
New Business Renewals
18 Gross premiums not more than three months due after period
of grace unreported on policies
outstanding December 31 20987 88 62363 56
19 Gross deferred premiums on pol
20 icies outstanding December 31 35326 12 Totals 56314 00 279733 27
342096 83
21 Deduct cost of collections 257 per cent on new 62 per
cent on renewals 14472 70 Net amount of uncollected 21210 00

and deferred premiums 41841 30 320886 83 362728 13
33588660 98
DEDUCT ASSETS NOT ADMITTED
4 Loans on personal security endorsed or not receivable unsecured 461917 bills
Total 4619 17

63584041 81
VNONLEDGEB LIABILITIES
As Shown by the Books at Home Office at lose of Business De ember 31
1 Net present value of all the outstanding policies in force on the 31st day of December 1897 as computed by the corn 54924970 00
Total 54924070 XI
54924070 00
3 Matured endowments due and unpaid 10737 00
4 Death losses due and unpaid 58272 50
5 Death losses in process of adjustment or
adjusted and not due 153731 00
6 Death losses which have been reported and
no proofs received 54733 00
7 Death losses and other policy claims resisted
by the company not yet outlawed Gross policy claims 63500 00
340973 50
340973 50
9 Unpaid dividends or other profits due policyholders in
cluding those contingent on payment of outstanding
and deferred premiums 699405 45 34176 02
12 Premiums paid in advance
13 Surrender values claimable on policies canceled whose re
uorrim a rv rmt included in item 1 46653 00
14 Any other liability viz Additional reserve on account
182447 00
Liabilities on policyholders account 56227724 97
iross divisable surplus 7356316 84
Total
63584041 84
COMPTROLLERGENERALS REPORT 179
Buainem in Georgia During the Year
No i Amount
Number and amount of policies on the lives of citizens of
said State in force December 31 of previous year 371 1118100
Number and amount of policies on the lives of citizens of
said State issued during the year 49 83500
Total 420 1201600
Deduct number and amountwhich have ceased to be
in force during the year 17000
Total number andamount of policies in force in said
State December 31last 408 1184600
Amount of losses and chums on policies in said State in
curred during the year
A mount of losses and claims on policies in said State settled
during the year in cash
What amount of premiums was collected Or secured in said State during
the year in cash and notes or credits without any deduction for losses
dividends commissions or other expenses
Answer Cash 2647081 notes or credits total 2647081
BUSINESS IN GEORGIA FOR YEAR ENDING APRIL 30 1898
Risks written during the year 89000 00
femlUmS 650000
0S9eS 29562
Tax
THE EQUITABLE LIFE ASSURANCE SOCIETY OF THE UNITED
STATES NEW YORK N Y
I CAPITAL STOCK
1 Amount of capital stock paid up
incash 100000 00
Amount of net or ledger assets December 31
of previous year208679996 14
Extended at208679996 14
nINCOME DURING THE YEAR 1897
1 Cash received for premiums on
new policies without deduc
tions for commissions or other
expenses 4192069 43
Cash received for renewal pre
miums without deductions
for commissions or other ex
penses 30722853 78
3 From dividends applied to pur
chase paidup additions and
annuities 668012 49
A From surrender values applied
to purchase paidup insurance
and annuities 2082425 00180 COMPTROLLERGENERALS REPORT
5 Consideration for annuities other than matured installment policies 898886 12 38563273 65 1575275 47 5300861 95 1155403 94 1863149 63 114304 89

Total 38564276 82 6 Deduct amount of premiums paid to otner companies for reinsurance on policies in this company 1003 17

8 Cash received for interest on mortgage loans 9 Cash received for interest on bonds owned 11 Cash received for interest on other debts due the company
13 Cash received for rents for use of companys property including 250000 for companys own occupancy 19 From all other sources viz Profit and loss
Total income 48572269 53
1
Total 257252265 67
IIIDISBURSEMENTS DURING THE 1 Cash paid for death claims including revisionary additions 11658139 55 3 Cash paid for matured endowments and additions thereto 1112484 49 5 Cash paid for sums falling due during the year on installment policies 65 314 03 tEAE 1897
Total 12835938 07
Total net amount actually paid for losses and matured endowments 8 Cash paid to annuitants 12835938 07 515692 00 1675853 74 668042 49 3328362 84 2082425 00 7000 00 4073899 70 375879 24
10 Cash dividends paid policyholders 12 Cash dividends applied to purchase paidup additions and annuities

15 Surrender values applied to purchase paidup insurance and annuities Total paid policyholders 2110631414 16 Cash paid stockholders for interest or divi
17 Cash paid for commissions and bonuses to agents less commission on reinsurance new policies 205517466 renewals 199444889 on annuities 2427615 18 Cash paid for salaries and allowances to managers and agents

COMPTROLLERGENERALS REPORT
181
19 Cash paid for medical examiners fees and
inspection of risks 327732 06
20 Cash paid for salaries and all other compensa
tion of officers and other home office em
ployees 628931 90
21 Cash paid for taxes on premiums 196088 49
21J Cash paid for taxes on real estate 288089 89
22 Cash paid for taxes on reserves 1186223
stamps and customs 437140 16233 63
23 Cash paid for insurance department fees and
agents licenses 588843 municipal and
State licenses 2126387 27152 30
24 Cash paid for rent 356444 78
25 Cash paid for commuting commissions 899201 09
26 Cash paid for furniture fixtures and safes for
home and agency offices 4444 23
27 Cash paid for advertising 29719740 print
ing and stationery 10653670 postage
7350402 477238 12
28 Cash paid for real estate expenses other than
taxes 55460098 for legal expenses 144
47259 699073 57
29 Cash paid for the following items viz Cler
ical traveling agency express telegraph
cable freight telephone clerical guarantee
bond premiums and general expenses 159554 47
29 Contingent guarantee fund 3500000 00
Total miscellaneous expenses 853696347
30 Total disbursements 33143277 61
31 Balance224108988 06
Invested in the following
vASSETS AS PER LEDGER ACCOUNTS
1 Book value of real estate exclusive of all in
cumbrances40413270 41
2 Loans on mortgage first liens on real estate 36175726 10
3 Loans secured by pledge of bonds stocks or
other marketable collaterals 12051800 00
6 Book value of bonds and stocks owned exclud
ing accrued interest at time of purchase 118234746 07
7 Cash in companys office 63354 94
8 Cash deposited in banks and trust companies
atinterest16204468 89
10 Agents ledger balances 459058 67
Commuted commissions 506562 98
13 Total net or ledgerassets less depreciation224108988 06
OTHER ASSET
14 Interest due and accrued on mortgages 284117 22
16 Interest due and accrued on collateral loans 67465 37182
COMPTROLLERGENERALS REPORT
18 Interest due and accrued on other assets
19 Rents due and accrued on companys property
or lease
66544 91
170618 55
21
23
24
25
26
23
Total carried out
Market value of bonds and stocks over book value
New Business Renewals
Gross premiums due and unre
ported less premiums paid in
advance on policies in force
December 31 1897 i 965449 00 2207509 00
Gross deferred premiums on pol
icies in force December 31 97 196422 00 2231642 00
588746 05
7496621 93

Totals 1161871 00 4439151 00
Deduct loading 60 per cent on
new and 5 per cent on re
newals 697123 00 221957 00
Net amount of uncollected and
deferred premiums 463748 00 4217194 00 4681942 00
Total assets as per the books of the company
ITEMS NOT ADMITTED
Commuted commissions 506562 98
Agents balances 459058 67
Total
236876308 04
965621 65
Total assets less items not admitted235910686 39
VLIABILITIES
Net present value of all outstanding policies
in force on the 31st day of December 1897
computed according to the actuaries table
of mortality with four per cent interest by
New York Ind department184191538 00
9
10
17
18
19
Net reinsurance reserve
Claims for death losses due and unpaid
Claims for matured endowments due and unpaid
Claims for death losses and matured endowments in pro
cess of adjustment or adjusted and not due
Claims for death losses and other policy claims resisted by
the company
Amounts due and unpaid on annuity claims
Present value of unpaid amounts on matured installment
policies face 18994018
Death losses reported but no proofs received
Amount of all unpaid dividends of surplus or other de
scription of profits due policyholders
Liabilities on policyholders account
Gross surplus on policyholders account
184191538 00
143546 25
135870 41
10500 00
64725 00
41753 81
136875 00
1513568 73
94756 00
186333133 20
49577553 19
Total liabilities235910686 39COMPTROLLERGENERALS REPORT
183
in Georgia During 1897
No Amount
Number and amount of policies on the lives of citizen of
Georgia in force December 31 of previous year 3637 10322657 00
Number and amount of policies on the lives of citizens fii hw
Georgia issued during the year 427 1917124 00
Total 4064 12239781 00
Deduct number and amount which have ceased tobe in
force during the year437 1546219 00
Total number and amount of policies in force in
Georgia December 31 1897 3627 10693562 00
Amount of losses and claims on policies inGeorgia un
paid December 31 of previous year 1 i000 00
Amount of losses and claims on policies in Georgia in
curred during the year 42 139267 00
Total 43 140267 00
Amount of losses and claims on policies in Georgia paid
during te year 139177 00
Amount of premiums collected or secured in Georgia
during the year in cash and notes or credits with
out any deduction for losses dividends commis
sions or other expenses Cash 33530050
BUSINESS IN GEORGIA DURING THE YEAR
Risks written during the year Ifl
Premiums S29
T 156681 66
es 329099
THE GERMANIA LIFE INSURANCE COMPANY NEW YORK N Y
ICAPITAL STOCK
1 Amount of capital stock paid up in cash 200000 00
Amount of net or ledger assets December 31 of previous
21577101 48
yearExtenddatz21577101
IIINCOME DURING YEAR 1897
1 Cash received for premiums on
new policies without deductions
for commissions or other ex
penses 380804 88
lJCash received for renewal pre
miums without deductions for
commissions or other expenses 2514166 98
3From dividends applied to pur
chase paidup additions and an
nuities see item 12 disburse
ments 26590 25184
COMPTROLLERGENERALS REPORT
4JFrom surrender values applied to
purchase paidup insurance and
annuities see item 15 disburse
ments 167003 33
5 Consideration for annuities other
than matured installment poli
cies 20412 22
Total 3108977 66
Deduct amount of premiums paid
to other companies for reinsur
ance on policies in this compa
ny new business 98800 re
newals 650240 7490 40
Total premium income3101487 26
8 Cash received for interest on mortgage loans 605370 03
9 Cash received for interest on bonds owned and
dividends on stock 268550 56
10 Cash received for interest on premium notes
loans Or liens 69330 52
11 Cash received for interest on other debts due
the company 4067 15
13 Cash received for rents for use of companys
property including 20760 for companys
own occupancy 129047 83
14 Cash received for profits on sales of bonds or
stocks 122853 06
19 From all other sources policy fees 1765 59
Total income 4302472 00
Total 25879573 48
IIIEXPENDITURES DURING YEAR 1897
1 Cashpaid for death claims includ
ing revisionary additions 1075813 51
3 Cash paid for matured endowments
and additions thereto 551963 45
Total 1627776 96
Total net amount actually paid for losses
and matured endowments
8 Cash paid to annuitants
10 Cash dividends paid policyholders on paidup
policies
11 Cash dividends of 1897 applied to pay running
premiums see item 3 income due in 1897
12 Cash dividends applied to purchase paidup ad
ditions and annuities see item 3J income
13 Surrender values paid in cash
15 Surrender values applied to purcase paidup in
surance and annuities see item 4 income
Total paid policyholders 221651134
16 Cash paid stockholders for interest and divi
dends
627776 96
23822 01
10096 26
112325 63
26590 25
248899 90
167003 33
24000 00COMPTROLLERGENERALS REPORT
185
17 Cash paid for commissions and bonuses to
agents less commission on reinsurance
new policies 2289L907 renewals 111
53404 340453 11
18 Cash paid for salaries and allowances to mana
gers and agents 114107 62
19 Cash paid for medical examiners fees 28262 37
20 Cash paid for salaries and all other compensa
tion of officers and other home office em
ployees 91549 72
21 Cash paid for taxes on new premiums and on
renewals 16649 57
22 Cash paid for taxes on reserves 44283 on in
vestments 2242634 22869 17
23 Cash paid for insurance department fees and
agents licenses 183325 municipal and
State licenses 303742 4870 67
24 Cash paid for rent including 20760 compa
nys occupancy 20760 00
25 Cash paid for commuting commissions 4412 03
26 Cash paid for furniture fixtures and safes for
home and agency offices 1620 45
27 Cash paid for advertising 1069076 printing
1340290 postage 148102 25574 68
28 Cash paid for real estate expenses other than
taxes 4128161 for legal expenses 664168 47923 29
29 Cash paid for the following items viz Express
age exchange and other expenses includ
ing 935738 expended for improvements on
companys property and 2609924 losses on
sales of real estate 65756 89
Total miscellaneous expenses 80880957
Total disbursements 3025320 91
Balance 22854252 57
Invested in the following
IVASSETS AS PER LEDGER ACCOUNTS
1 Cost value of real estate exclusive of all in
cumbrances 2156152 74
2 Loans on mortgage first liens on real estate 12116795 80
4 Loans made in cash to policyholders on this
Companys policies assigned as collateral 1319374 78
6 Cost value of bonds and stocks owned ex
cluding accrued interest at time of pur
chase 6575026 01
7 Cash in companys office 188166 cash in
transit since received 14360273 145484 39
8 Cash deposited in banks 641417 95
11 Total net or ledger assets as per bal
ance above 22854252 57
13 Total net or ledger assets less deprecia
tion 22854252 571S6
COMPTROLLERGENERALS REPORT
OTHER ASSETS
14 Interest due 9900 and accrued 17108616
on mortgages 180986 16
15 Interest due and accrued 4636255
on bonds and stocks 46362 55
19 Eents due 707456 and accrued 417500
on companys property or lease 11249 56
Total carried out
20 Market value of real estate over cost
21 Market value of bonds and stocks over cost
New Business Renewals
23 Gross premiums due and unre
ported on policies in force De
cember 311897 44994 96 152214 98
24 Gross deferred premiums on poli
cies in force December 31 1897 I 45425 08 289445 13
238598 27
64441 04
106119 13
Totals 90420 04 441660 11
25 Deduct loading 55 per cent on
new and 5 per cent on re
newals 4973102 22083 01
26 Net amount of uncollected and de
ferred premiums 40689 02 419577 10
Extended
460266 12
Total assets as per the books of the company
Total assets less items not admitted
23723677 13
23723677 13
VLIABILITIES
1 Net present value of all outstanding policies
in force on the 31st day of December 1897
computed according to the Actuaries Table
of Mortality with four per cent interest 20899907 00
Deduct net value of risks of this company re
insured in other solvent companies 33899 00
Net reinsurance reserve 20 866008 00
3 Claims for death losses due and unpaid 1927 40
4 Claims for matured endowments due and un
paid 5481 65
5 Claims for death losses and matured endow
ments in process of adjustment or adjusted
and not due 112434 43
6 Claims for death losses and other policy
claims resisted by the company 45875 46
7 Amounts due and unpaid on annuity claims 1238 05
Total policy claims 166956 99
10 Amount of all unpaid dividends of surplus or other descrip
tion of profits due policyholders 33951 39
16 Amount of any other liability of the company viz Pre
miums paid in advance 342713 policies lapsed liable
to be surrendered 789490 11322 03
Extra reserve for absolute dividend tontine war and world
policies 73842 77COMPTROLLERGENERALS REPORT
187
17
18
19
Liability on policyholders account 21152081 18
Gross surplus on policyholders account 2571595 95
Total liabilities 23723677 13
20 Estimated surplus accrued on ton
tine or other policies the profits
upon which are especially re
served for that kind of policies 373902 17
21 Estimated surplus accrued on all
other policies 2197603 78
BUSINESS IN GEORGIA DURING 1897
Number and amount of policies on the lives of citizens of
Georgia in force December 31 of previous year
Number and amount of policies on the lives of citizens of
Georgia issued during the year
Total
60
9
69
111133
22500
Deduct number and amount which have ceased to be of
force during the year
Total number and amount of policies in force in Geor
gia December 31 1897
Amount of losses and claims on policies in Georgia incurred
during the year
Amount of losses andclaims on policies in Georgia paid during
the year
133633
17500
65
1
116133
2500
2500
What amount of premiums was collected or secured in Georgia during the
year in cash and notes or credits without any deductions for losses divi
dends commissions or other expenses AnswerCash 114897 notes
or credits total 114897
BUSINESS IN GEORGIA FOR YEAR ENDING APRIL 30 1898
Risks written during the year 81500 00
Premiums
2500 00
8SeS 1128
Tax
THE HOME LIFE INSURANCE COMPANY NEW YORK N Y
ICAPITAL STOCK
1 Amount of capital stock paid
up in cash 125000 00
Amount of net or ledger assets December
31 of previous year 9007870 85
Extended at 9007870 85
IIINCOME DURING YEAR 1897
1 Cash received for premiums on
new policies without deduc
tions for commissions or other
ex penses 235605 02188 COMPTROLLERGENERALS REPORT
1 Cash received for renewal pre
miums without deductions
for commissions or other ex

2 Premium notes loans or liens
taken in part payment for
premiums on new policies 2971 24
2 Premium notes loans or liens
taken in part payment for re
newal premiums 95232 50
3 From dividends applied to pay
running premiums see item
11 Disbursements 33931 26
Z From dividends applied to pur
chase paidup additions and
annuities see item 12 Dis
bursements 89461 65
4 From surrender values applied
to pay running premiums see
item 14 Disbursements 64 60
4 From surrender values applied
to purchase paidup insurance
and annuities see item 15
51280 20
5 Consideration for annuities
other than matured install
ment policies 18826 73 654549 81
Total 1
6 Deduct amount of premiums
paid to other companies for
reinsurance on policies in
this company new business
139452 renewals 549464 6889 16 1647660 65 126148 66
7 Total premium income
8 Cash received for interest on mortgage loans
9 Cash received for interest on bonds owned
and dividends on stock 169291 00
10 Cash received for interest on premium
notes loans or liens 57425 45
11 Cash received for interest on o her debts
due the company 3285 10
12 Cash received as discount on claims paid in
292 97
13 Cash received for rents for use of sompanys
property including 2400000 for com
panys own occupancy 94282 21
14 Oash received for profits on sale s of bonds
or stocks 1557 72
19 From all other sources viz Matured in
stallment policy 7355 00
Total income


Total

COMPTROLLERGENERALS REPORT
189
IIIDISBURSEMENTS DURING THE YEAR 1897
1 Cash paid for death claims in
cluding revisionary additions 541224 77
2 Premium notes loans or liens
used in payment of the same 20784 65
3 Oash paid for matured endow
ments and additions thereto 103558 55
4 Premium notes loans or liens
used in the payment of same 2533 43
5 Oash paid for sums falling due
during the year on install
ment policies 7355 00
Total 675456 40
7 Total net amount actually paid for losses
and matured endowments 675456 40
8 Cash paid to annuitants 19729 44
9 Premium notes loans or liens used in pur
chase of surrendered policies 21705 16
93 Premium notes loans or liens used in pay
ment of dividends to policyholders 30129 26
10 Cash dividends paid policyholders 3866 24
11 Cash dividends applied to pay running pre
miums see item 3 Income 33931 26
12 Cash dividends applied to purchase paidup
additions and annuities see item 3 In
come 89461 65
Surrender values paid in cash 88651 41
Surrender values applied to pay running
premiums see item 4 Income 64 60
Surrender values applied to purchase paid
up insurance and annuities see item 44
Income 51280 20
Total paid policyholders 101427562
16 Cash paid stockholders for interest or divi
dends 15000 00
Cash paid for commissions and bonuses to
agents less commission on reinsurance
new policies 12514687 renewals 89
34245 214489 32
Cash paid for salaries and allowances to
managers and agents 65199 62
19 Cash paid for medical examiners fees 19
05100 inspection of risks 165139 20702 39
20 Cash paid for salaries and all other com
pensation of officers and other home office
employees 80314 16
Paid for taxes on new premiums and on re
newals 14742 48
Cash paid for taxes on reserves 69847 on
investments 698 47
23 Cash paid for insurance department fees and
agents licenses 618299 municipal li
censes 121424 7387 23
13
14
15
17
18
21
22190
COMPTROLLERGENERALS REPORT
24 Cash paid for rent including 2400000
companys occupancy 24899 99
25 Cash paid for commuting commissions 17796 71
27 Cash paid for advertising 763117 print
ing 1363304 21264 21
28 Cash paid for real estate expenses other
than taxes 2663482 for legal expenses
674699 33381 81
2 Cash paid for the following items viz
postage 238200 losses on securities
639346 traveling and office expenses
836116 taxes on real estate 1068548 27822 10
Total miscellaneous expenses 54370849
30 Total disbursements 1557984 11
31 Balance 9557185 50
Invested in the following
IVASSETS AS PER LEDGER ACCOUNTS
1 Cost value of real estate exclusive of all
incumbrances 1603437 63
2 Loans on mortgage first liens on real estate 3048247 52
3 Loans secured by pledge of bonds stocks
or other marketable collaterals 38400 00
4 Loans made in cash to policyholders on this
companys policies assigned as collateral 432814 23
5 Premium notes loans or liens on policies in
force of which 297124 was received
during the year 482171 85
6 Cost value of bonds and stocks owned ex
cluding accrued interest at time of pur
chase 3587011 67
8 Cash deposited in banks 281661 76
10 Agents ledger balances 83440 84
11 Total net or ledger assets as per balance
above 9557185 50
13 Total net or ledger assets less depreci
ation 9557185 50
OTHER ASSETS
II Interest due and accrued on mortgages 50432 31
15 Interest due and accrued on bonds and
stocks 44397 35
16 Interest due and accrued on collateral loans 382 00
17 Interest due and accrued on premium notes
loans or 1 iens 1465 37
18 Interest due and accrued on other assets 7592 70
19 Rents due and accrued on companys prop
erty or lease 7678 63
Total carried out 111948 36
20 Market value of real estate over cost 95 516 68
21 Market value of bonds and stocks over cost 103500 16
22 Due from other companies for losses or claims on policies
of this company reinsured 12 500 00COMPTROLLERGENERALS REPORT
191
New Business
23 Gross premiums due and unre
ported on policies in force De
cember 311897 32964 89
24 Gross deferred premiums on
policies in force December 31
1897 19288 60
Totals
25 Deducting cost of collection
52 15 per cent on new and
1 per cent on renewals 27349 25
26 Net amount of uncollected and
deferred premiums 24904 24
Renewals
84973 67
75677
52253 49 160651 63
12048 87
148602 76 173507 00
28
Total assets as per the books of the company10054157 70
ITEMS NOT ADMITTED
5 Agents balances 83440 84
Total 83440 84
Total assets less items not admitted 9970716
VLIABILITIES
1 Net present value of all the outstanding
policies in force on the 31st day of Decem
ber 1897 computed according to the Ac
tuaries Table of Mortality with four per
cent interest
Deduct net value of risks of this com
pany reinsured in other solvent com
panies
8700439 00
12109 00
Net reinsurance reserve 8688330 00
4 Claims for matured endowments due and
unpaid
5 Claims for death losses and matured en
dowments in process of adjustment or ad
justed and not due
6 Claims for death losses and other policy
claims resisted by the company
8 Present value of unpaid amounts on ma
tured installment policies face 2500000
included in official valuation made in NY
ins dept
80 00
93286 00
47802 00
16151 00
Total policy claims 157319 00
10 Amount of all unpaid dividends of surplus or other de
scription of profits due policyholders 4261 79
16 Amount of any other liability of the company viz Pre
miums paid in advance 399 58
Reserves and policies canceled and not included in item 1
upon which a surrender value may be demanded 5002 00
13c192
COMPTROLLERGENERALS REPORT
17
18
19
Liabilities on policyholders account 8862312 37
Net surplus on policyholders account 1108404 49
Total liabilities
5970716 86
VIPREMIUM NOTE ACCOUNT
1 Premium notes loans or liens on hand De
cember 31 of previous year 480911 05
2 Premium notes loans or liens received dur
ing the year on new policies 297124
on old policies 9697141
3942 65
Total
Deductions during the year as follows
Amount of notes loans or liens used in
payment of losses and claims
Amount of notes loans or liens used in
purchase of surrendered policies
Amount of notes loans or liens used in
payment of dividends to policyhold
ers
Amount of notes loans or liens re
deemed by maker in cash
580853 70
23318 08
21705 16
30129 26
23529 35
Total reduction of premium note account
3681 85
Balance note assets at end of the year 4S2171 85
Business in Georgia During 1897
Number and amount of policies on the lives of citizens of
Georgia in force December 31 of previous year 79
Number and amount of policies on the lives of citizens of
Georgia issued during the year 134
Total
Deduct number and amount which have ceased to be
rorce during the year
213
245578
268705
514283
102413
Total number and amount of policies in force in Georgia
December 311897 146 mm
What amount of premiums was collected or secured in Georgia during the
year in cash and notes or credits without any deduction for losses divi
dends commissions or other expenses
Answer Cash 1189437 notes or credits 186925 totals 1376362
BUSINESS IV GEORGIA FOR YEAR ENDING APRIL 30 1898
Risks written during the year qQ7 ft
Premiums 33756 00
Tax 15959 06
159 59COMPTROLLERGENERALS REPORT
193
IOWA LIFE INSURANCE COMPANY SIOUX CITY IOWA
ICAPITAL STOCK
1 Amount of capital stock paid
up in cash 100000 00
2 Amount of net or ledger assets December 31
of previous year 344003 76
Extendedat 344003 76
IIINXOME DURING YEAR 1897
I Cash received for premiums
on new policies without
deductions for commissions
or other expenses 128276 79
1J Cash received for renewal pre
miums without deductions
for commissions or other ex
penses 139545 74
4 From surrender values applied
to pay running premiums 4377 09
4 From surrender values ap
plied to purchase paidup
insurance and annuities 1597 02
Total 273796 64
6 Deduct amount of premiums
paid to other companies for
reinsurance on policies in
this company new business
140821 renewals 10
59579 12004 00
7 Total premium income 261792 64
8 Cash received for interest on mortgage loans 8985 90
10 Cash received for interest on premium notes
loans or liens 1959 04
II Cash received for interest on other debts due
the company 6219 83
13 Cash received for rents for use of companys
property including for companys
own occupancy 40 82
Total income 278998 23
Total 62300199
IIIDISBURSEMENTS DURING YEAR 1897
1 Cash paid for death claims in
cluding re visionary addi
tions 61000 00
5 Cash paid for sums falling due
during the year on install
ment policies 750 00
Total 61750 00194
COMPTROLLERGENERALS REPORT
6 Deduct amount received lrom
other companies for losses
or claims on policies of this
company reinsured of
which is for matured
endowments 10000 00
7 Total net amount actually paid for losses
and matured endowments 51750 00
9 Premium notes loans or liens used in pur
chase of surrendered policies voided
by lapse 175331 1753 31
13 Surrender values paid in cash 12176 75
14 Surrender values applied to pay running pre
miums 4377 09
15 Surrender values applied to purchase paidup
insurance and annuities 1597 02
Total paid policyholders 7165417
17 Cash paid for commissions and bonuses to
agents less commission on reinsurance
new policies 7926622 renewals 923175 88497 97
18 Cash paid for salaries and allowances to man
agers and agents 29718 40
19 Cash paid for medical examiners fees
918945 inspection of risks 34689 9536 34
20 Cash paid for salaries and all other compen
sation of officers and other home office
employees 26995 87
21 Cash paid for taxes on new premiums and on
renewals 5490 77
22 Cash paid for taxes on reserves on
investments 3875 38 75
23 Cash paid for insurance department fees and
agents licenses 243671 municipal li
censes 17500 2611 71
24 Cash paid for rent including compmys
occupancy less received under sub
lease 3753 66
26 Cash paid for furniture fixtures and safes
for home and agency offices 240 14
27 Cash paid for advertising 314832 print
ing 256518 5713 50
28 Cash paid for real estate expenses other
than taxes 24115 for legal expenses
304890 3290 05
29 Cash paid for the following items viz
Postage 124940 losses on maturity of
securities 15000 actuarial services
110000 exch and coll 36966 ex
penses 232 22 fire insurance 1525
misc expenses 42812 telegrams 34966
telephone 21335 4107 56
Total miscellaneous expenses 17999472
30 Total disbursements 251648 891
31 Balance 371353 10COMPTROLLERGENERALS REPORT
195
IVASSETS AS PER LEDCxER ACCOUNT
1 Cost value of real estate exclusive of all
incumbrances
2 Loans on mortgage first liens on real estate
172608 74 other than first liens 300000
3 Loans secured by pledge of bonds stocks or
other marketable collaterals
4 Loans made in cash to policyholders on this
companys policies assigned as collateral
5 Premium notes loans or liens on policies
in force of which was received dur
ing the year
6 Cost value of bonds and stocks excluding ac
crued interest at time of purchase
7 Cash in companys office
Cash deposited in banks 30174 S3
9 Bills receivable 15845 37
10 Agents ledger balances of which was
advanced during the year 43051 8
Tax sale certificates 7172 84
800 00
175608 74
33910 00
25539 69
16918 62
19000 00
3331 43
11
13
Total net or ledger assets as per balance
above 371353 10
Total net or ledger assets less depreciation 371353 10
Other Assets
14 Interest due 598565 and accrued 42150
on mortgages
15 Interest due 37500 and accrued 33333
on bonds and stocks
16 Interest due 173560 and accrued
on collateral loans
TL7 Interest due and accrued 65803 on
premium notes loans or liens
18 Interest due and accrued 16184 on
other assets
6408 15
708 33
1735 60
658 03
161 84
Total carried out
20 Market value of real estate over cost
New Business
23 Gross premiums due and un
reported on policies in force
December 311897
24 Gross deferred premiums on
policies in force December
31 1897
9670 95
400 00
41590 26
3046 33
Totals 44636 59
25 Deducting loading 50 per
cent on new and 5 per
cent on renewals 22318 29
Renewals
8630 40
17341 00
25971 46
1298 57196
COMPTROLLERGENERALS REPORT
22318 30 24672 89
26 Net amount of uncollected and
deferred premiums
Extended
27 Furniture fixtures and safes 642691 commuted com
missions judgments
28
Total assets as per the books of the company
Items Not Admitted
2 Judgments furniture fixtures and
safes 642691
5 Agents balances not secured by bonds
7 Bills receivable unsecured
Premiums loans or noes and net premiums
in item 25in excess of reserve
Total
Total assets less items not admitted
VLIABILITIES
1 Net present value of all the outstanding pol
icies in force on the 31st day of December
1897 computed according to The Actu
aries Table of Mortality with 4 per cent
interest
Special reserve cost of term insurance
Total
Deduct net value of risks of this company
reinsured in other solvent companies
Net reinsurance reserve
5 Claims for death losses and matured endow
ments in process of adjustment or adjusted
and not due
0 Claims for death losses and other policy
claims resisted by the company
8 Present value of unpaid amounts on matured
installment policies face 1400000
9 Amount of trust funds held by the company
Due from solvent companies for reinsurance
6426 91
14248 08
5571 75
8355 25
232642 92
44330 40
276973 32
1612 18
2550 00
2000 00
9727 50
14277 50
9729 52
Total policy claims
16 Amount of any other liability of the company viz Pre
miums paid in advance
Surrendered values claimable on policies canceled whose
reserves are not included in item 1
17 Liabilities on policyholders account
18 Gross surplus on policyholders account
19 Total liabilities
46991 19i
6426 91
434842 15
34601 99
400240 16
275361 14
4547 9t
4744 47
11861 28
296514 85
103725 31
400240 16COMPTROLLERGENERALS REPORT
197
VPREMIUM NOTE ACCOUNT
1 Premium notes loans or liens on hand De
cembar 31 of previous year
2 Premium notes loans or liens received dur
ing the year on new policies and on old
policies
20087 23
3616 38
Total
Deductions during the year as follows
Amount of notes loans or liens voided
by lapse
Amount of notes loans or liens re
deemed by maker in cash
Total reduction of premium note
account
Balance note assets at end of the year
23703 61
1753 31
5031 68
6784 99
Business in Georgia during 1897
No
Number and amount of policies on the lives of citizens
of Georgia in force December 31 of previous year
Number and amount of policies on the lives of citizens
of Georgia issued during the year
19
16918 62
Amount
10700 00
28700 00
Total
Deduct number and amount which have ceased to be
26
12
in force during the year
Total number and amount of policies in force in
Georgia December 31 1897 I4
What amount of premiums was collected or secured in
Georgia during the year in cash and notes or credits
without any deduction for losses dividends commis
sions or other expenses Answer Cash 35226 notes
or creJits total
BUSINESS IN GEORGIA FOR YEAR ENDING APRIL 30 1898
38700 00
16200 00
Risks
Premiums
Tax
22500 00
352 26
110500 00
443 35
4 43
THE MANHATTAN LIFE INSURANCE COMPANY NEW YORK N Y
ICAPITAL STOCK
1 Amount of capital stock paid
uiincash 100000 00
Extended at
nINCOME DURING THE YEAR
1 Cash received for premiums on
new policies without deduc
tions for commissions or
other expenses 149268 77198 COMPTROLLERGENERALS REPORT
1J Cash received for renewal pre
miums without deductions
for commissions or other ex
penses 1437357 37
2J Premium notes loans or liens
taken in part payment for
renewal premiums 149293 50
3 From dividends applied to pay
running premiums 28901 90
3J From dividends applied to pur
chase paidup additions and
annuities 4Q7 97
4 From surrender values applied
to purchase paidup insur
ance and annuities 93729 25
5 Consideration for annuities
other than matured install
ment policies 12132 94
Total 1891151 70
6 Deduct amount of premiums
paid to other companies for
reinsurance on policies in
this company New business
318360 renewals 727658 10460 18
7 Total premium income 1880691 52
8 Cash received for interest on mortgage loans 196083 39
9 Cash received for interest on bonds owned
and dividends on stock 209700 20
10 Cash received for interest on premium notes
loans or liens 51615 19
11 Cash received for interest on other debts due
the company 48880 23
13 Cash received for rents for use of companys
property including 50000 for companys
own occupancy 217929 18
14 Cash received for profits on sales of bonds or
stocks 34980 36
16 From dividends and surrender values on re
insurance o 549 34
17 Premium notes loans or liens restored by
revival of policies 0935 83
19 From all other sources viz Sund P and L
entries 197 46
Total income 2645562 70
Total 16284067 21
III DISBURSEMENTS DURING YEAR 1897
1 Cash paid for death claims in
cluding revisionary additions 977112 50
2 Premium notes loans or liens
used in payment of the same 22056 77COMPTROLLERGENERALS REPORT
199
858 96
3217 23
28901 90
467 97
155105 32
3 Cash paid for matured endow
ments and additions thereto 221769 00
Total 1220938 27
7 Total net amount actually paid for
losses and matured endowments 1220938 27
8 Cash paid to annuitants 11992 52
9 Premium notes loans or liens used in pur
chase of surrendered policies 2360756
void by lapse 1909924 42706 80
9J Premium notes loans or liens used in pay
ment of dividends to policyholders
10 Cash dividends paid policyholders
11 Cash dividends applied to pay running pre
miums
12 Cash dividends applied to purchase paidup
additions and annuities
33 Surrender values paid in cash
15 Surrender values applied to purchase paidup
insurance and annuities 93729 25
Total paid policyholders 155791822
16 Cash paid stockholders for interest or divi
dends 16000 00
17 Cash paid for commissions and bonuses to
agents less commission on reinsurance
New policies 8992863 renewals 115
88133 annuities 47793 206287 89
18 Cash paid for salaries and allowances to
managers and agents 48364 38
19 Cash paid for medical examiners fees
3000502 inspection of risks 342925 33434 27
20 Cash paid for salaries and all other compen
sation of officers and other home office
employees 93761 99
21 Cash paid for taxes on premiums 14977 64
22 Cash paid for taxes on reserves 172960
on real estate 2621663 27946 23
23 Cash paid for insurance department fees and
agents licenses 308776 municipal licen
ses 279588 5883 64
24 Cash paid for rent including 50000 compa
nys occupancy 64271 37
26 Cash paid for furniture fixtures and safes
for home and agency offices 218 69
27 Cash paid for advertising 1848616 print
ing 792942 postage 587357 32289 15
28 Cash paid for real estate expenses other
than taxes 5819617 for legal expenses
2185402 80050 19
29 Cash paid for the following items 16940 77
Total miscel expenses 64042621
30 Total disbursements 2198344 43
31 Balance 14085722 78200
COMPTROLLERGENERALS REPORT
Invested in the following
IVASSETS AS PER LEDGER ACCOUNTS
1 Cost value of real estate exclusive of all in
cumbrancea 3585239 65
2 Loans on mortgage first liens on real estate 4827301 07
3 Loans secured by pledge of bonds stocks or
other marketable collaterals 795762 50
4 Loans made in cash to policyholders on tins
companys policies assigned as collateral 360549 10
5 Premium notes loans or liens on policies in
force 496851 23
6 Oost value of bonds and stocks owned ex
cluding accrued interest at time of pur
chase 3684438 90
7 Cash in companys office 3589 71
8 Cash deposited in banks 331990 62
11
13
Total net or ledger assets as per balance
above14085722 78
Total net or ledger assets less depreciation 14085722 78
OTHER ASSETS
14 Interest due 522398 and accrued 88
46867 on mortgages 93692 65
15 Interest due and accrued on bonds and stocks 2987 50
16 Interest due and accrued on collateral loans 4995 17
17 Interest due and accrued on premium notes
loans or liens 15439 17
18 Interest due and accrued on other assets 1799 39
19 Rents due and accrued on companys prop
erty or lease 13827 15
Total carried out
20 Market value of real estate over cost
21 Market value of bonds and stocks over cost
23 Gross premiums due and unre
ported on policies in force
December 31
24 Gross deferred premiums on
policies in force December 31
53153 35
4227 00
83814 78
99176 00
132741 03
365926 34
137104 60
Totals 57380 35 182990 78
25 Deduct cost of collection 55 per
cent on new and 7 per
cent on renewals 31559 20 13724 31
26 Net amount of uncollected and
deferred premiums 25821 15 169266 47 195087 62
27 Commuted commissions 160536 44
Agents balances 66 822 46
28 Total assets as per the books of the company 15941394 27COMPTROLLERGENERALS REPORT
201
ITEMS NOT ADMITTED
3 Commuted commissions 160536 44
5 Agents balances 66822 46
227358 90
9 Total assets less items not admitted 14916582 37
VLIABILITIES
1 Net present value of all the outstanding
policies in force on the 31st day of De
cember 1897 computed according to the
Actuaries Table of Mortality with four
per cent interest 13427859 00
Deduct net value of risks of this company
reinsured in other solvent companies 7124 00
13420735 00
Net reinsurance reserve
5 Claims for death losses and matured endow
ments in process of adjustment or adjust
ed and not due
6 Claims for death losses and other policy
claims resisted by the company
147984 33
75671 40
Total policy claims
10 Amount of all unpaid dividends of surplus or other descrip
tion of profits due policyholders
16 Amount of any other liability of the company viz Pre
miums paid in advance
Lapsed policies 13151 commissions due agents on pre
mium notes when paid
17 Liabilities on policyholders account
18 Gross surplus on policyholders account
19 Total liabilities
VIPREMIUM NOTE ACCOUNT
1 Premium notes loans or liens on hand De
cember 31 of previous year
2 Premium notes loans or liens received dur
ing the year on new policies on
old policies
Restored by renewal of policies
223655 73
15421 44
14717 31
16864 45
13691393 93
1225188 44
14916582 37
525617 82
148157 67
1135 83
Total
Deductions during the year as follows
Amount of notes loans or liens used in pay
ment of losses and claims
Amount of notes loans or liens used in pur
chase of surrendered policies
Amount of notes loans or liens voided by
lapse
Amount of notes loans or liens used in pay
ment of dividends to policyholders
Amount of notes loans or liens redeemed by
maker in cash
Total reduction of premium note account
Balance note assets at end of the year
674911 32 674911 32
22056 77
23607 56
19099 24
858 96
112437 56
178060 09 178060 09
496851 23202 COMPTROLLERGENERALS REPORT
Business in the State of Georgia During 1897
No Amount
Number and amount of policies on the lives of citizens
of Georgia in force December 31 of previous year 896 2090328 00
Number and amount of policies on the lives of citizens
of Georgia issued during the year 71 85678 00
Total 967 2176006 00
Deduct number and amount which have ceased to be
in force during the year 91 204854 00
Total number and amount of policies in force in
Georgia December 311897 876 1971152 00
Amount of losses and claims on policies in Georgia un
paid December 31 of previous year 2 6000 00
Amount of losses and claims on policies in Georgia in
curred during the year 17 37979 00
Total 19 43979 00
Amount of losses and claims on policies in Georgia paid
during the year 19 43979 00
What amount of premiums was collected or secured in Georgia during
the year in cash and notes or credits without any deduction for losses div
idends commissions or other expenses Answer Cash
notes or credits total 8813629
BUSINESS IN GEORGIA FOR YEAR ENDING APRIL 30 1898
Risks written during the year 27000 00
Premiums 42671 67
Losses 36408 00
Tax 426 71
MARYLAND LIFE INSURANCE COMPANY BALTIMORE MD
ICAPITAL STOCK
1 Amount of capital stock paid up
in cash 100000 00
Amount of net or ledger assets December
31 of previous year 1741155 76
Extended at 1741155 76
IIINCOME DURING THE YEAR 1897
1 Cash received for premiums on
new policies without deduc
tions for commissions or other
expenses 31136 37
14 Cash received for renewal
premiums without deduc
tions for commissions or other
expenses 158864 88
2 Premium notes loans or liens
taken in part payment for
renewal premiums 671 00COMPTROLLERGENERALS REPORT
203
3 From dividends applied to pay
running premiums see item
11 disbursements 12665 96
S From dividends applied to
purchase paid up additions
and annuities see item 12
disbursements 1282 80
4 From surrender values applied
to pay running premiums see
item 14 disbursements 635 14
Total 205256 15
6 Deduct amount of pre
miums paid to other com
panies for reinsurance on
policies in this company 5835 16
7 Total premium income 199420 99
8 Cash received for interest on mortgage loans 17972 95
9 Cash received for interest on bonds owned
and dividends on stock 49798 64
10 Cash received for interest on premium notes
loans or liens 1047 25
11 Cash received for interest and other debts
due the company 4092 44
12 Cash received as discount on claims paid in
advance 161 00
13 Cash received for rents for use of compa
nys property 9636 31
14 Cash received for profits on sales of bonds
or stocks 313 75
16 From surrender values on reinsurance 808 43
Total income
Total
IIIDISBURSEMENTS DURING YEAR 1897
283251 76
2024407 52
1 Cash paid for death claims in
cluding revisionary additions
2 Premium notes loans or liens
used in payment of the same
3 Cash paid for matured endow
ments and additions thereto
Total
6 Deduct amount received from
other companies for losses or
claims on policies of this com
pany reinsured
87517 54
535 00
11661 00
99713 54
5000 00
for
Total net amount actually paid
losses and matured endowments
Cash paid to annuitants
Premium notes loans or liens used in
purchase of surrendered policies voided
by lapse
94713 54
758 96
578 14204
COMPTROLLERGENERALS REPORT
Premium notes loans or liens used in pay
ment of dividends to policyholders 432 04
10 Cash dividends paid policyholders 875 65
11 Cash dividends applied to pay running pre
miums see item 3 income 12235 92
12 Cash dividends applied to purchase paidup
additions and annuities see item 3 in
come 1282 80
13 Surrender values paid in cash 1233656
14 Surrender values applied to pay running pre
miums see item 4 income 635 14
Returned premiums 66 00
Total paid policyholders 12391275
16 Cash paid stockholders for interest or divi
dends 600 00
17 Cash paid for commissions and bonuses to
agents less commission on reinsurance
new policies 1642964 renewals 7
88864 24318 28
18 Cash paid for salaries and allowances to
managers and agents 5907 33
19 Cash paid for medical examiners fees 3081 50
20 Cash paid for salaries and all other com
pensation of officers and other home office
employees 22696 50
21 Cash paid for taxes on new premiums
27308 on renewals 112596 on invest
ments 500 1403 04
22 Cash paid for taxes on real estate 2618 53
23 Cash paid for insurance department fees
and agents licenses 46929 municipal
licenses 115808 1627 37
24 Cash paid for rent including 790 compa
nys occupancy less 90 received under
sublease 700 00
27 Casli paid for advertising 142595 print
ing etc 107317 2499 12
28 Cash paid for legal expenses 975 57
29 Cash paid for the following items viz post
age 80455 fire ins prem 63284 li
brary bureau account 39806 sundry
expenses 370472 5540 17
Loss on securities on account of reorganiza
tion 4090 00
30 Total disbursements 205369 26
31 Balance 1819038 26
Deduct agents balances charged off 6195 65
Balance 1812842 61
Invested in the followingCOMPTROLLERGENERALS REPORT
205
7
8
10
11
12
13
14
15
16
18
19
21
23
24
IVASSETS AS PEE LEDGER ACCOUNTS
Cost value of real estate exclusive of all in
cumbrances 219647 21
Loans on mortgage first liens on real estate 291076 26
Loans secured by pledge of bonds stocks
or other marketable collaterals 20000 00
Loans made in cash to policyholders on
this companys policies assigned as col
lateral 42393 38
Premium notes loans or liens on policies
in force of which about 800 is for first
years premiums 22634 12
Cost value of bonds and stocks owned ex
cluding accrued interest at time of pur
chase 1125179 06
Cash in companys office 530 87
Cash deposited in banks and in trust com
panies 65869 64
Agents ledger balances 6888 42
2915 20
Total net or ledger assets as per balance
above 1797134 16
Deduct depreciation from cost of assets
to bring the same to market value 3647 21
Total net or ledger assets less depreciation
OTHER ASSETS
Interest due 44012 and accrued 499351
on mortgages
Interest due and accrued 533264
on bonds and stocks
Interest due and accrued 25000 on
collateral loans
Interest due and accrued 19133 on
other assets 191 33
Rents due and accrued on companys prop
erty or lease
5433 63
5332 64
250 00
1011 69
Total carried out
Market value of bonds and stocks over cost
New Business
Gross premiums due and unre
ported on policies in force De
cember 311897 4611 44
Gross deferred premiums on pol
icies in force December 311897 3486 31
Kenewals
26
Totals
Deducting loading 20 per
cent on new and 20 per
cent on renewals
Net amount of uncollected and
deferred premiums
Extended
8097 75
1619 55
6938 07
16522 01
23460 08
4692 01
6478 30 18768 07
1793486 95
12219 29
38778 30
25246 27
Total assets as per the books of the company 1869730 81206
COMPTROLLERGENERALS REPORT
ITEMS NOT ADMITTED
5 Agents balances
6888 42
Total assets less items not admitted
62842 39
VLIABILITIES
1 Net present value of all the outstanding pol
icies in force on the 31st day of Decem
ber 1897 computed according to the
American Experience Table of Mortality
with four per cent interest companys
valuation 1584809 00
Deduct net value of risks of this company
reinsured in other solvent companies 23250 00
Net reinsurance reserve
3 Claims for death losses due and unpaid un
claimed
4 Claims for matured endowments due and
unpaid unclaimed
5 Claims for death losses and matured endow
ments in process of adjustment or ad
justed and not yet due
6 Claims for death losses of which no proof
received
1561559 00
2031 98
219 66
6500 00
6021 60
Total policy claims
10 Amount of all unpaid dividends or surplus or other de
scription of profits due policyholders
16 Amount of any other liability of the company viz Pre
miums paid in advance 85403 other indebtedness
57675
17
18
14773 24
5052 34
1430 78
Liability on policyholders account
Gross surplus on policyholders account
19 Total liabilities
20 Estimated surplus accrued on tontine
or other policies the profits upon
which are especially reserved for that
class of policies 52000 20
21 Estimated surplus accrued on all other
policies 227836 83
VI PREMIUM NOTE ACCOUNT
1 Premium notes loans or liens on hand De
cember 31 of previous year 18188 26
2 Premium notes loans or liens received dur
ing the year on old policies 722 24
1582815 36
280027 03
1862842 39
Total
Deductions during the year as follows
Amount of notes loans or liens
Used in payment of loses and claims
Voided by lapse charged off balance
Used in payment of dividends to policy
holders
18910 0
535 00
294 32
432 04
Total reduction of premium note account
Balance note assets at end of the year
1361 36
17649 14COMPTROLLERGENERALS REPORT
207
BUSINESS IN GEORGIA DURING 1897
No Amount
Number and amount of policies on the lives of citizens of
Georgia in force Dec 31 of previous year estimated 254 503000
Number and amount of policies on the lives of citizens of
Geoergia issued during the year 127 204770
Total 381 707770
Deduct number and amount which have ceased to be
of force during the year 94 152500
Total number and amount of policies in force in
Georgia December 31 1897 estimated 287 555270
Amount of losses and claims on policies in Georgia un
paid December 31 of previous year 1 1000
Amount of losses and claims on policies in Georgia paid
during the year 1 1000
What amount of premiums was collected or secured in Georgia during the
year in cash and notes or credits without any deduction for losses div
idends commissions or other expenses AnswerTotal 1649743
BUSINESS IN GEORGIA FOR YEAR ENDING APRIL 30 1898
Risks written during the year 163000 00
Premiums 16411 07
Losses 10380 00
Tax 164 11
THE MASSACHUSETTS MUTUAL LIFE INSURANCE COMPANY
SPRINGFIELD MASS
ICAPITAL STOCK
Extended at 17521970 51
IIINCOME DURING THE YEAR 1897
1 Cash received for premiums on
new policies without deduc
tions for commissions or other
expenses 530254 73
1 Cash received for renewal pre
miums without deductions
for commissions or other ex
penses 2664249 20
2 Premium notes loans or liens
taken in part payment for re
newal premiums 186769 37
3 From dividends applied to pay
running premiums see item
11 Disbursements 378157 30
Z4 From dividends applied to
purchase paidup additions
see item 12 Disbursements 51200 47
4 From surrender values applied
to purchase paidup insurance
see item 15 Disbursements 5519 00
Total3816150 07
14c20S
COMPTROLLERGENERALS REPORT
Deduct amount of premiums
paid to other companies for
reinsurance on policies in this
company new business 14
81055 renewals 3328360
48094 15
7 Total premium income 3768055 92
8 Cash received for interest on mortgage and
collateral loans 478631 66
9 Cash received for interest on bonds owned
and dividends on stock 344958 59
10 Cash received for interest on premium
notes loans or liens 45603 66
12 Cash received as discount on claims paid in
advance 1348 64
13 Cash received for rents for use of companys
property including 400000 for com
panys own occupancy 20660 63
16 From dividends and surrender values on re
insurances 10683 12
17 Premium notes loans or liens restored by
revival of policies 9635 67
Total income 4679577
Total
IIIDISBURSEMENTS DURING YEAR 1897
1 Cash paid for death claimsin
cluding revisionary additions 979323 39
2 Premium notes loans or liens
used in payment of the same 16551 67
3 Cash paid for matured endow
ments and additions thereto 146474 92
4 Premium notes loans or liens
used in payment of same 1796 08
5 Cash paid for sums falling due
during the year on install
ment policies 7700 00
Total1151846 06
6 Deduct amount received from
other companies for losses or
claims on policies of this com
pany reinsured 13227 00
22201548 40
7 Total net amount actually paid for losses
and matured endowments
8 Dividends used in payment of premium
notes
9 Premium notes loans or liens used in pur
chase of surrendered policies and voided
by lapse
10 Cash dividends paid policyholders
11 Cash dividends applied to pay running pre
miums see item 3 Income 37815730
including interest on loan notes 210436
1138619 06
66368 49
72677 11
21059 57
380261 66COMPTROLLERGENERALS REPORT
209
12 Cash dividends applied to purchase paidup
additions see item Income 51200 47
13 Surrender values paid in cash 377750 49
15 Surrender values applied to purchase paid
up insurance see item 4J Income 5
51900 including interest 165477 7173 77
Total paid policyholders 211511062
17 Cash paid for commissions and bonuses to
agents less commission on reinsurances
new policies 26203023 renewals 203
39067 465420 90
Cash paid for salaries and allowances and
traveling expenses to managers and agents 71725 94
Cash paid for medical examiners fees 43498 50
Cash paid for salaries and all other compen
sation of officers and other home office
employees 114158 98
Cash paid for taxes on new premiums and
on renewals 28321 05
Cash paid for taxes on reserves 24040 18
Cash paid for insurance department fees
and agents licenses 900221 municipal
licenses 88892 9891 13
24 Cash paid for rent including 400000 com
panys occupancy less 38400 received
under sublease 27477 01
Cash paid for furniture fixtures and safes
for home and agency offices 4171 59
Cash paid for advertising 1317777 print
ing and stationery 1782368 and post
age 1556804 46569 49
Cash paid for real estate expenses other
than taxes 1080658 for legal expenses
1562911 26435 69
Cash paid for the following items viz
Taxes on real estate 6548 13
Cash paid for all other items 23725 13
Profit and loss including 5025013 pre
miums on securities purchased 77010 41
Total miscellaneous expenses 40920812
18
19
20
21
22
23
26
27
28
29
Total disbursements 3084104 75
Balance 19117443 65
Invested in the following
IVASSETS AS PER LEDGER ACCOUNTS
1 Cost value of real estate exclusive of all in
cumbrances 576636 76
2 Loans on mortgage first liens on real es
tate 7325862 22
3 Loans secured by pledge of bonds stocks
or other marketable collaterals 460220 00210
COMPTROLLERGENERALS REPORT
7
8
13
14
15
16
17
18
19
21
23
24
25
26
28
1
Loans made in cash to policyholders on
this companys policies assigned as collat
eral 1632268 30
Premium notes loans or liens on policies in
force of which 18676937 less 654837
given for reinsurance was received dar
ing the year 716730 87
Cost value of bonds and stocks owned ex
cluding accrued interest at time of pur
chase 7325437 62
Cash in companys office 3120 07
Cash deposited in banks all of which is
drawing interest at 4 per cent 1077167 81
Total net or ledger assets less depreciation 19117443 65
OTHER ASSETS
Interest due 677393 and accrued 101
84604 on mortgages 108619 97
Interest due 390000 and accrued 95
22743 on bonds and stocks 99127 43
Interest due 5540 and accrued 3044932
on collateral and policy loans 30504 72
Interest due and accrued 2150193
on premium notes loans or liens 21501 93
Interest due and accrued 65290 on
other assets 652 90
Rents due and accrued 705491 on
companys property or lease 7054 91
Total carried out 267461 88
Market value of bonds and stocks over cost 412726 63
New Business
Gross premiums due and unre
ported on policies in force
December 31 1897 81336 75
Gross deferred premiums on
policies in force December 31
1897
Renewals
133541 28
77780 23
Totals 159116 98
Deducting loading 20 per cent
on new and 20 per cent
on renewals 31823 40
388610 33
522151 61
104430 32
Net amount of uncoliected and
deferred premiums 127293 58 417721 29 545014 87
Total assets as per the books of the company 20342647 01
VLIABILITIES
Net present value of all the outstanding
policies in force on the 31st day of De
cember 1897 computed according to the
Actuaries Table of Mortality with four
per cent interest including reversionary
additions 18493844 00COMPTROLLERGENERALS REPORT
211
Deduct net value of risks of this com
pany reinsured in other solvent com
panies 232858 less premiums deferred
and in course of collection 10773 2220 85
Net reinsurance reserve 18271759 00
5 Claims for death losses and matured en
dowments in process of adjustment 86644 95
6 Claims for death losses and other policy
claims resisted by the company 4000 00
8 Balance of installment policy death claims
not yet due 99839 33
Total policy claims 190484 28
10 Amount of all unpaid dividends of surplus or other de
scription of profits due and to become due policyhold
ers 116553 05
16 Amount of any other liability of the company viz pre
miums paid in advance 5557 76
17 Liabilities on policyholders account 18584354 09
18 Gross surplus on policyholders account 1758292 92
19 Total liabilities 20342647 01
VIPREMIUM NOTE ACCOUNT
1 Premium notes loans or liens on hand De
cember 31 of previous year 707076 68
2 Premium notes loans or liens received
during the year on new policies
on old policies 186769 37
Premium notes loans or liens restored
by revival of policies 9635 67
Total 903481 72
Deductions during the year as follows
Amount of notes loans or liens used in
payment of losses and claims 18347 75
Amount of notes loans or liens used in
purchase of surrendered policies and
voided by lapse 72677 11
Amount of notes loans or liens used in
payment of dividends to policyholders 66368 49
Amount of notes loans or liens redeemed
by maker in cash 22809 13 180202 48
Balance note assets at end of the
year 723279 24
Business in Georgia During 1897
No Amount
Number and amount of policies on the lives of citizens of
Georgia in force December 31 of previous year 544 1812043
Number and amount of policies on the lives of citizens of
Georgia issued during the year 401 853250
Total 845 2665293212
COMPTROLLERGENERALS REPORT
Deduct number and amount which have ceased to
be in force during the year 177 447050
Total number and amount of policies in force in
Georgia December 31 1897 768 2218243
Amount of losses and claims on policies in Georgia in
curred during the year 4 9500
v Total 4 9500
Amount of losses and claims on policies in Georgia paid
during the year 4 9500
What amount of premiums was collected or secured in Georgia during the
year in cash and notes or credits without any deduction for losses
dividends commissions or other expenses
Answer Cash 7309324 notes or credits 26582 total 7335906
BUSINESS IN GEORGIA FOR YEAR ENDING APRIL 30 1898
Risks written during the year602250 00
Premiums 77470 35
Losses 4532 15
Tax 774 70
METROPOLITAN LIFE INSURANCE COMPANY OF NEW YORK
ICAPITAL
1 Amount of capital stock paid up
in cash2000000 00
Amount of net or ledger assets December
31 of previous year 29847271 66
Decrease of assets during 1897 by reduction
of book value of real estate 258241 83
Extended at 29589029 83
IIINCOME DURING YEAR 1897
1 Received for premiums on
new policies without de
ductions for commissions or
other expenses less 14
46418 interest on deferred
premiums 2385457 47
1J Received for renewal premi
ums without deductions
for commissions or other
expenses less 2169627 in
terest on deferred premi
ums and 110470 for re
newal reinsurance 19016509 08
5 Consideration for annuities
other than matured install
ment policies 1000 00
7 Total premium income 21402966 55COMPTROLLERGENERALS REPORT
213
8 Cash received for interest on mortgage
loans
9 Cash received for interest on bonds owned
and dividends on stock
10 Cash received for interest on premium
notes loans or liens
11 Cash received for interest on other debts
due the company
12 Cash received as discount on claims paid in
advance 1094337 interest on deferred
premiums 3616045
13 Cash received for rents for use of compa
nys property
14 Cash received for profits on sales of bonds
or stocks
602053 63
503979 10
20111 69
14833 28
47103 82
338027 85
52181 27
9
10
13
16
17
18
19
20
21
Total income 22981257 19
Total 52570287 02
IIIDISBURSEMEKTS DURING YEAB 1897
Cash paid for death claims
including revisionary addi
tions 6990866 50
Cash paid for matured en
dowments and additions
thereto 22
Total 6991086 50
Total net amount actually paid for losses
and matured endowments
Cash paid to annuitants
Premium notes loans or liens used in pur
chase of surrendered policies
Return to agents of bond deposits
Premium notes loans or liens used inpay
ment of dividends to policyholders
Cash dividends paid policyholders
Surrender values paid
Total paid policyholders 773179531
Cash paid stockholders for interest or div
idends
Cash paid for commissions and bonuses to
agents less commission on reinsurance
new policies 55305824 renewals 2
70387637
Cash paid for salaries and allowances to
managers and agents
Cash paid for medical examiners fees
22755795 inspection of risks 21705638
Cash paid for salaries and all other com
pensation of officers and other home office
employees 1081 in number
Cash paid for taxes on new premiums and
on renewals
6991086 50
600 00
113646 26
20941 82
517512 82
108949 73
140000 00
3256934 61
1982065 34
444614 33
913899 16
162055 06214
COMPTROLLERGENERALS REPORT
22
23
24
25
26
27
28
29
30
31
Cash paid for taxes on reserves 529119
municipal licenses 317554 170521 79
Cash paid for insurance department fees
and agents licenses 1239190 real es
tate 5430187 66693 77
Cash paid for rent including 12514000
companys occupancy 219892 63
Cash paid for commuting commissions 1148754 78
Cash paid for furniture fixtures and safes
4601464 legal expenses 10744362 153458 26
Cash paid for advertising 1902732
printing 20583757 postage telegrams
etc 7806558 302930 47
Cash paid for real estate expenses other
than taxes 134610 97
Cash paid for the following items viz Di
rectors and committees 2480 00
Traveling expenses supt supervisors
inspectors agents etc 9670477
branch office expenses 30 States 108
61111 205315 88
General home office expenses 9786195
losses sales of real estate on securities
4748 97909 43
Total miscellaneous expenses 924008142
Total disbursements 16992818 55
5
7
8
10
13
14
15
Balance 35577468 47
Invested in the following
IVASSETS AS PER LEDGER ACCOUNTS
Cost value of real estate exclusive of all
incumbrances 8470033 67
Loans on mortgage first liens on real es
tate 13228368 00
Loans made in cash to policyholders on
t his companys policies assigned as collat
eral
Premium notes loans or liens on policies
in force
Cost value of bonds 1011767281 and
stocks 86657057 owned excluding ac
crued interest at time of purchase 10984243 38
Cash in companys office 227097 43
Cash deposited in banks 2252040 77
Agents ledger balances 11073 59
36942 33
367669 30
2479138 20
Total net or ledger assets less depreciation 35577468 47
OTHER ASSETS
Interest due 1100913 and accrued 219
52971 on mortgages 230538 84
Interest due 2041475 and accrued 30
96291 on bonds and stocks 51377 66COMPTROLLERGENERALS REPORT
215
17 Interest due 15550 and accrued 32370
on premium notes loans or liens 479 20
18 Interest due 38000 and accrued 239721
on other assets 2777 21
19 Rents due 1082572 and accrued 3106
09 on companys property or lease 13931 81
Total carried out
21 Market value of bonds and stocks over cost
Ordinary Department Nw Renewal
Premiums due and unpaid 81635 85 41517 46
Deferred premiums 270368 52 229052 90
299104 72
141975 37
352004 37 270570 36
Deduct cost of collection 46 per cent and 9 per cent net
436301 40
Industrial Department New
First weeks premiums due and
unpaid 1445 06
Subsequent weeks premiums due
and unpaid 141721 10
Renewal
15 times
28
143166 16 15 per ct
Deduct cost of collection 2167595 and 214749343
15088net
Extended
Total assets as per the books of the company
100015 28
536316 68
36554865 24
Items Not Admitted
5 Agents balances
7 Premium notes or loans in excess of reserve
on policies
Total
11073 59
173712 74
184786 33
9 Total assets less items not admitted
VLIABILITIES
Net reinsurance reserve
Total policy claims
10 Amount of all unpaid dividends of surplus or other de
scription of profits due policyholders
11 Agentsbond deposits
13 Amount due on account of salaries rents and office ex
penses
16 Amount of any other liability of the company viz Pre
miums paid in advance 10186623
Special reserve 192617900 dividend reserve policy
holders 50000000
17 Liabilities on policyholders account
18 Gross surplus on policyholders account
36370078 91
27869066 00
111059 78
5090 65
52632 54
120369 60
101866 23
2426179 00
30686263 80
5683815 11
19
Total liabilities 36370078 91216
COMPTROLLERGENERALS REPORT
VJPREMIUM NOTE ACCOUNT
1 Premium notes loans or liens on hand De
cember 31 of previous year 61891 95
2 Premium notes loans or liens received dur
ing the year on new policies 431071 88
Total
Deductions during the year as follows
Amount of notes loans or liens used in
payment of losses and claims
Amount of notes loans or liens used in
purchase of surrendered policies
Amount of notes loans or liens voided by
lapse
Amount of notes loans or liens used in
payment of dividends to policyholders
Amount of notes loans or liens redeemed
by maker in cash
2930 19
8470 68
113646 26
36 02
211 38
Total reduction of premium note account
Balance note assets at end of the year
Business in Georgia during 1897
No
Number and amount of policies on the lives of citizens
of Georgia in force December 31 of previous year 252
Number and amount of policies on the lives of citizens
of Georgia issued during the year 353
Total 605
Deduct number and amount which have ceased to
be in force during the year 190
Total number and amount of policies in force in
Georgia December 31 1897 415
Amount of losses and claims on policies in Georgia un
paid December 31 of previous year 1
Amount of losses and claims on policies in Georgia in
curred during the year 1
Total
492963 83
125294 53
Amount of losses and claims on policies in Georgia
paid during the year 1
What amount of premiums was collected or secured in
Georgia during the year in cash and notes or credits
without any deduction for lossesdividends commis
sions or other expenses 9466650
BUSINESS lit GEORGIA FOR YEAR ENDING APRIL 30 1898
Risks written during the year 3
Premiums
Losses
Tax
367669 30
Amount
312450 00
336062 00
648512 00
175500 00
473012 00
2500 00
3000 00
5500 00
3000 00
846120 00
100397 33
26314 50
1003 97COMPTROLLERGENERALS REPORT
MICHIGAN MUTUAL LIFE INSURANCE COMPANY DETROIT
MICHIGAN
217
ICAPITAL STOCK
1 Amount of capital stock paid up in cash 250000 00
Amount of net or ledger assets December
31 of previous year 5199172 67
Deduct on account of unadmitted assets
bills receivable charged 39264 09
Extended at 5159908 58
nINCOME DUBING THE YEAR 1897
1 Cash received for premiums on
new policies without deduc
tions for commissions or other
expenses 132696 54
1J Cash received for renewal pre
miums without deductions
for commissions or other ex
penses 626703 21
2 Premium notes loans or liens
taken in part payment for
premiums on new policies 14033 17
2J Premium notes loans or liens
taken in part payment for
renewal premiums 161561 64
3 From dividends applied to pay
running premiums see item
11 Disbursements 38271 62
31 From dividends applied to pur
chase paidup additions and
annuities see item 12 Dis
bursements 16858 03
4 From surrender values applied
to pay running premiums
see item 14 Disbursements 35448 54
Total1015562 75
6 Deduct amount of premiums
paid to other companies for
reinsurance on policies in
this company new business
236241 renewals 1014062 12503 03
7 Total premium income 1003059 72
8 Cash received for interest on mortgage
loans 25147093
10 Cash received for interest on premium
notes loans or liens 3762176
13 Cash received for rents for use of com
panys property 17633 65
14 Cash received for profits on sales of bonds
or stocks real estate 462424
all other 4069 4664 93218
COMPTROLLERGENERALS REPORT
16 From dividends and surrender values on
reinsurances 359 84
19 From all other sources viz Policyholder
for deposit 236 13
1
Total income 1315046 96
Total 6474955 54
IIIDISBURSEMENTS DURING YEAR 1897
Cash paid for death claims in
cluding revisionary additions 398890 05
3 Cash paid for matured endow
ments and additions thereto 33261 59
Total 432151 64
6 Deduct amount received from
other companies for losses or
claims on policies of this
company reinsured 50000 00
7 Total net amount actually paid for
losses and matured endowments 382151 64
9 Premium notes loans or liens used in
purchase of surrendered policies
voided by lapse 64163 6416 33
10 Cash dividends paid policyholders 4318 37
11 Cash dividends applied to pay running
premiums seetitem 3 Income 28271 62
12 Cash dividends applied to purchase paidup
additions and annuities see item 3 In
come 16858 03
13 Surrender values paid in cash 204234 45
14 Surrender values applied to pay running
premiums see item 4 Income 35448 54
Total paid policyholders 66769898
16 Cash paid stockholders for interest or
dividends 25000 00
17 Cash paid for commissions and bonuses to
agents lesscommission on reinsurance
new policies 9966765 renewals 49
70319 149370 84
18 Cash paid for salaries and allowances to
managers and agents 31572 43
19 Cash paid for medical examiners fees 11267 46
20 Cash paid for salaries and all other com
pensation of officers and other home office
employees 40195 30
21 Cash paid for taxes on new premiums 1
96817 on renewals 1291109 14879 26
22 Cash paid for taxes on reserves on
investment on real estate 8646 33
23 Cash paid for insurance department fees
and agents licenses 96069 municipal
licenses 336502 3325 71
24 Cash paid for rent 10015 58COMPTROLLERGENERALS REPORT 21
26 Cash paid for furniture fixtures and safes
for home and agencyoffices 1506 82
27 Cash paid for advertising 377771 print
ing 723418 postage 444312 15355 01
28 Cash paidfor real estate expenses other
than taxes 1071182 for legal expenses
881055 19522 37
29 Cash paid for the following items viz
Losses on real estate 28780 69
Recording fee office supplies subscrip
tions etc 1064538 deposits policy
holder 378666 14432 04
Total miscellaneous expenses37386984
30 Total disbursements 1051568 82
31 Balance 5423386 72
Invested in the following
IVASSETS AS PER LEDGER ACCOUNTS
1 Cost value of real estate exclusive of all
incumbrances 541549 97
2 Loans on mortgage first liens on real
estate 4092082 90
4 Loans made in cash to policyholders on
this companys policies assigned as col
lateral 491145 5
5 Premium notes loans or liens on policies
in force 96107 64
7 Cash in companys office 7990 10
8 Cash deposited in banks 180115 04
9 Bills receivable 8953 45
10 Agents ledger balances 5442 04
11 Total net or ledger assets as per
balance above 5423386 72
13 Total net or ledger assets less depre
ciation 5423386 72
Other Assets
14 Interest due 4592728 and accrued 67
60445 on mortgages 113531 73
17 Interest due 691323 and accrued 11
52964 on premium notes loans or liens 18447 87
19 Rents due 253750 and accrued on
companys property or lease 2537 50
Total carried out 134517 10
20 Market value of real estate over cost 10114 43
22 Due from other companies for losses or claims on policies
of this company reinsured 20000 00220
COMPTROLLERGENERALS REPORT
New Business
Renewals
23 Gross premiums due and unre
ported on policies in force
December 31 1897
24 Gross deferred premiums on
policies in force December 31
1897
Totals 25226 32
25 Deducting loading 60 per cent
on new and 6 per cent on
renewals 15135 79
20778 61 47956 73
4447 71
26
28
o
7
26701 63
74958 36
4479 50
70178 86
80269 39
Net amount of uncollected and
deferred premiums 10090 53
Total assets as per the books of the company 5668287 64
Items Not Admitted
Agents balances not secured by bonds 2345 04
Bills receivable 8953 45
Total
11298 49
Total assets less items not admitted 5656989 15
VLIABILITIES
1 Net present value of all outstanding policies
in force on the 31st day of December 1897
computed according to The Actuaries
Table of Mortality with four per cent
interest
Deduct net value of risks of this company
reinsured in other solvent companies
5285986 15
20245 00
Net reinsurance reserve
Premium notes or loans on policies and
other obligations in excess of the net
value of their policies
Claims for death losses and other policy
claims resisted by the company
5265741 15
788 59
28604 00
Total policy claims
10 Amount of all unpaid dividends of surplus or other de
scription of profits due policyholders
13 Amount due on account of salaries rents and office ex
penses
16 Amount of any other liability of the company viz Pre
miums paid in advance
Commissions due agents on premium notes when paid
29392 59
969 37
5275 97
11273 80
784 52
17 Liabilities on policyholders account 5313437 20
18 Gross surplus on policyholders account 343351 95
19
Total liabilities 5656989 15COMPTROLLERGENERALS REPORT
221
VIPREMIUM NOTE ACCOUNT
Premium notes loans or liens on hand
December 31 of previous year 104778 74
Premium notes loans or liens received
during the year on new policies 1402317
on old policies 16156164 175584 81
Total
Amount of notes loans or liens voided by
lapse
Amount of notes loans or liens redeemed
by maker in cash
Total reduction of premium not account
Balance note assets at end of the year
6416 33
177893 58
Business in Georgia During 1897
No
Number and amount of policies on the lives of citizens
on Georgia in force December 31 of previous year 153
Number and amount of policies on the lives of citizens
of Georgia issued during the year 67
280363 55
184255 91
96107 64
Amount
461209 62
184125 57
Total 220 645334 99
Deduct number and amount which have ceased to
be in force during the year 81242913 44
Total number and amount of policies in force
in Georgia December 311897 139
What amount of premiums was collected or secured in
Georgia during the year in cash and notes or credits
without any deduction for losses dividends commis
sions or other expenses Answer Cash 1134366
notes or credits 106367 total
BUSINESS IN GEORGIA FOR YEAR ENDING APRIL 30 189S
Risks
Premiums
Losses
Tax
402421 55
12407 33
110500 00
12510 68
10000 00
125 10
MUTUAL BENEFIT LIFE INSURANCE COMPANY NEWARK N J
ICAPITAL STOCK
Amount of net or Jedger assets December 31 of
previous year 58386204 22
Extendedat58386204 22
IIINCOME DURING YEAR 1897
1 Cash received for premiums
on new policies without de
ductions for commissions or
other expenses 965433 47222
COMPTROLLERGENERALS REPORT
1J Cash received for renewal
premiums without deduc
tions for commissions or
other expenses
2 Premium notes loans or liens
taken in part payment for
premiums on new policies
2J Premium notes loans or
liens taken in part payment
for renewal premiums
3 From dividends applied to pay
running premiums
3 From dividends applied to
purchase paidup additions
and annuities
4 From surrender values ap
plied to pay running pre
miums
4j From surrender values ap
plied to purchase paidup
insurance and annuities
5 Consideration for annuities
other than matured install
ment policies
5191166 70
72743 47
602791 20
1095700 69
302265 23
12285 00
258579 37
105226 18
Total 8606191 31
7 Total premium income 860619131
8 Cash received for interest on mortgage loans 1967931 44
9 Cash received for interest on bonds owned
and dividends on stock 587781 26
10 Cash received for interest on premium
notes loans or liens 269404 14
11 Cash received for interest on other debts
due the company 299643 58
12 Cash received as discount on claims paid in
advance 4414 32
13 Cash received for rents for use of com
panys property including for com
panys own occupancy 98753 07
17 Premium notes loans or liens restored by
revival of policies 5430 26
Total income 11839549 38
Total 70225753 60
IIIDISBURSEMENTS DURING YEAR 1897
1 Cash paid for death claims
including revisionary addi
tions 3507675 44
2 Premium notes loans or liens
used in payment of the
same 167758 97
3 Cash paid for matured endow
ments and additions thereto 238727 71COMPTROLLERGENERALS REPORT
223
9J
10
11
12
13
14
15
Premium notes loans or liens
used in the payment of same 1842 27
Cash paid for sums falling due
during the year on install
ment policies 21300 00
Total 3937304 39
Total net amount actually paid
for losses and matured endow
ments
Cash paid to annuitants
Premium notes loans or liens used in pur
chase of surrendered policies 18303366
voided by lapse 2557578
Premium notes loans or liens used in pay
ment of dividends to policyholders
Cash dividends paid policyholders
Cash dividends applied to pay running pre
miums
Cash dividends applied to purchase paidup
additions and annuities
Surrender values paid in cash
Surrender values applied to pay running
premiums
Surrender values applied to purchase paid
up insurance and annuities
Total paid policyholders 733977828
17 Cash paid for commissions and bonuses to
agents less commissions on reinsurance
new policies 45168718 renewals
39572385 on annuities 533016
18 Cash paid for salaries and allowances to
managers and agents
Cash paid for medical examiners fees
9671689 inspection of risks
Cash paid for salaries and all other com
pensation of officers and other home office
employees
21 Cash paid for taxes on premiums
22 Cash paid for taxes on reserves 1546896
on investments 15398561
23 Cash paid for insurance department fees
and agents licenses 872180 municipal
and State licenses 2931437
26 Cash paid for postage and miscellaneous of
fice expenses
27 Cash paid for advertising 2378122 print
ing 1447005
Cash paid for real estate expenses other
than taxes 3713396 for legal expenses
1920564
Cash paid for the following items viz
Premiums on bonds purchased and loss
on real estate and securities
16c
19
20
LS
29
3937304 39
44386 06
208613 44
8217 65
264836 29
1095700 69
302265 23
1207590 16
12285 00
258579 37
852741 19
33403 38
96716 89
204737 64
76279 15
169454 57
38036 17
64602 68
38251 27
56339 60
58588 46224
COMPTROLLERGENERALS REPORT
30
81
1
2
3
Amount charged off from real estate to
cover possible depreciation 100000 00
Total miscellaneous expenses 163056251
Total disbursements 9128929 28
7
8
10
11
13
14
15
16
17
21
23
24
25
26
Balance 61095824 32
IVASSETS AS PER LEDGER ACCOUNTS
Real estate exclusive of all incumbrances 2654947 79
Loans on mortgage first liens on real estate 33196712 05
Loans secured by pledge of bonds stocks or
other marketable collaterals 2959500 00
Loans made in cash to policyholders on
this companys policies assigned as col
lateral 4771401 44
Premium notes loans or liens on policies in
force of which 7139786 was received
during the year 4546901 76
Book value of bonds and stocks owned ex
cluding accrued interest at time of pur
chase 12122217 43
Cash in companys office 21176 20
Cash deposited in banks 809963 25
Agents ledger balances of which was
advanced during the year 14004 40
Total net or ledger assets as per bal
ance above 61096824 32
864723 84
119881 86
102692 69
113672 54
1200970 93
604750 73
Total net or ledger assets less depreciation 61096824 32
Other Assets
Interest due 10191583 and accrued
76280801 on mortgages
Interest due and accrued 11988186
on bonds and stocks
Interest due and accrued 10269269
on collateral loans
Interest due and accrued 11367254
on premium notes loans or liens
Total carried out
Market value of bonds and stocks over par
New Business Renewal
Gross premiums due and un
reported on policies in force
December 31 1897
Gross deferred premiums on
policies in force December
31 1897
Totals
Deducting cost of collection
44 per cent on new and
6 per cent on renewals
Net amount of uncollected
and deferred premiums
Extended
100900 39 228575 17
89613 35 489882 29
190513 74 718457 46
83S26 05
43107 44
106687 69 675350 02
782037 71
Total assets as per the books of the company 63684592COMPTROLLERGENERALS REPORT
225
Items Not Admitted
14004 40
20781 00
203832 70
27663 00
25873 36
0 Agents balances
9 Total assets less items not admitted 63670588 29
VLIABILITIES
1 Net present value of all the outstanding pol
icies in force on the 31st day of December
1897 computed according to The Actu
aries Table of Mortality with 4 per cent
interest 58049023 00
Net reinsurance reserve 58049023 00
4 Claims for matured endowments due and
unpaid
5 Claims for death losses in process of adjust
ment or adjusted and not due
6 Claims for death losses and other policy
claims resisted by the company
8 Present value of unpaid amounts on matured
installmentpolicies face 3455000
9 Claims for death losses which have been re
ported and no proofs received 140000 00
Total claims
Amount of all unpaid dividends of surplus or other de
scription of profits due policyholders
Amount due on account of salaries rents and office ex
penses estimated
Amount of any other liability of the company viz Pre
miums paid in advance
Liabilities on policyholders account 58865813 60
Gross surplus on policyholders account 4804774 69
Total liabilities 63670588 29
VIPREMIUM NOTE ACCOUNT
Premium notes loans or liens on hand De
cember 31 of previous year 4482157 35
Premium notes loans or liens received dur
ing the year on new policies 7274347
on old policies 60822146 68096493
Total 516312228
Deductions during the year as follows
Amount of notes loans or liens used in
payment of losses and claims 169601 24
Amount of notes loans or liens used in
purchase of surrendered policies 183033 66
Amount of notes loans or liens voided
by lapse 25579 78
Amount of notes loans or liens used in
payment of dividends to policyholders 8217 65
Amount of notes loans or liens redeemed
by maker in cash 229788 19
Total reduction of premium note account 616220 52
Balance note assets at the end of the year 4546901 76
10
13
16
17
18
19
418150 06
353153 65
20000 00
25486 89226
COMPTROLLERGENERALS REPORT
BUSINESS IN GEORGIA DURING 1897
No Amount
Number and amount of policies on the lives of citizens
of Georgia in force December 31 of previous year 1878 4743977 00
Number and amount of policies on the lives of citizens
of Georgia issued during the year 658 1351835 00
Total 2536 6095812 00
Deduct number and amount which have ceased
to be in force during the year 344 803898 00
Total number and amount of policies in force
in Georgia December 31 1897 2192 5291914 00
Amount of losses and claims on policies in Georgia un
paid December 31 of previous year 1 1000 00
Amount of losses and claims on policies in Georgia in
curred during the year 17 55271 00
Total 18 5627100
Amount of losses and claims on policies in Georgia
paid during the year 18 56271 00
Amount of premiums collected or secured in Georgia during
the year in cash and notes or credits without any deduc
tion for losses dividends commissions or other expenses 183218 42
Business in Georgia for Year Ending April 30 1898
Risks written during the year 1016950 00
Premiums 187362 00
Losses 50972 00
Tax 1873 62
MUTUAL LIFE INSURANCE COMPANY OF LOUISVILLE KY
ICAPITAL STOCK
1 Amount of capital stock paid up
in cash 100000 00
Amount of net or ledger assets of previous year
Extended at
2528785 02
IIINCOME DURING YEAR 1897
1 Cash received for premiums on
new policies without deduc
tions for commissions or other
expenses 68745 29
lJCash received for renewal pre
miums without deductions for
commissions or other expenses 271734 04
2 Premium notes loans or liens
taken in part payment for pre
miums on new policies 9685 60
2JPremium notes loans or liens
taken in part payment for re
newal premiums 1529 74COMPTROLLERGENERALS REPORT
227
3 From dfvidends applied to pay
running premiums see item 11
disbursements 40382 85
4 From surrender values applied to
pay running premiums see
item 14 disbursements 275 74
4From surrender values applied to
purchase paidup insurance and
annuities see item 15 disburse
ments 28104 00
Total 420457 26
6 Deduct amount of premiums paid
to other companies for reinsur
ance on policies in this com
pany 196 57
7 Total premium income 420260 69
8 Cash received for interest on mortgage loans 102656 45
9 Cash received for interest on bonds owned and
dividends on stock 14180 20
10 Cash received for interest on premium notes
loans or liens 1628 32
11 Cash received for interest on other debs due
the company 24278 61
12 Cash received as discount on claims paid in
advance 24 2
13 Cash received for rents for use of companys
property 3203 82
Total income 566482 35
Total 3095267 37
IIIDISBURSEMENTS DURING YEAR 1897
1 Cash paid for death claims in
cluding revisionary additions 141866 00
3 Cash paid for matured endow
ments and additions thereto 18989 00
Total 160855 00
Total net amount actually paid for losses
and matured endowments 160855 00
9 Premium notes loans or liens used in pur
chase of policies voided by lapse 8727 51
10 Cash dividends paid policyholders 10198 97
11 Cash dividends applied to pay running pre
miums see item 3 income 40382 So
13 Surrender values paid in cash 72153 32
14 Surrender values applied to pay running pre
miums see item 4 income 275 94
15 Surrender values applied to purchase paidup
insuranceandannuitlesseeitem4income 28104 00
16 Cash paid stockholders for interesl or divi
dends 678498228
COMPTROLLERGENERALS REPORT
17 Cash paid for commissions and bonuses to
agents less commission on reinsurance
new policies 4272556 renewals 11
69259 54418 15
18 Cash paid for salaries and allowances to man
agers and agents 4249 98
19 Cash paid for medical examiners fees 9275 42
20 Cash paid for salaries and all other compensa
tion of officers and other home office em
ployees 23583 33
21 Cash paid for taxes on new premiums 37889
on renewals 120709 1585 98
22 Cash paid for taxes on investment 1439 27
23 Cash paid for insurance department fees and
agents licenses 86282 municipal licenses
763011 8492 93
24 Cash paid for rent including 1600 companys
occupancy 2680 75
25 Cash paid for commuting commissions 16921 37
27 Cash paid for advertising 391747 printing
322351 7140 78
28 Cash paid for real estate expenses other than
taxes 503061 for legal expenses 724464 12275 25
29 Cash paid for the following itemsviz profit
and loss 548086 postage 143404 ex
change 20332 inc ex 384234 agents
trav ex 230172 ex invest 12810 13390 38
Total disbursements
482936 16
Balance 2612331 21
Invested in the following
IVASSETS AS PER LEDGER ACCOTTNTS
1 Cost value of real estate exclusive of all in
cumbrances 107129 05
2 Loans on mortgage first liens on real estate 1691257 64
3 Loans secured by pledge of bonds stocks or
other marketable collateral 125084 73
4 Loans made in cash to policyholders on this
companys policies assigned as collateral 221138 58
5 Premium notes loans or liens on policies in
force 57937 48
6 Cost value of bonds and stocks owned ex
cluding accrued interest at time of pur
chase 283885 00
7 Cash in companys office 5969 84
8 Cash deposited in banks 102195 39
9 Loans on renewals 1400 00
10 Agents ledger balances 15477 74
Ledger balances 855 76
13 Total net or ledger assets less deprecia
tion 2612331 2COMPTROLLERGENERALS REPORT
229
Other Assets
14 Interest due 9408776 and accrued 32
97210 on mortgages and lien notes 127059 86
15 Interest due and accrued 269313 on
bonds and stocks 2693 13
Interest due 110072 and accrued 431712
on collateral loans
Interest due and accrued 401176 on
premium notes loans on policies 4011 76
Interest due 4900 and accrued 4083 on
renewal commissions
16
17
18
5917 85
89 83
Total carried out
2i Market value of bonds and stocks over cost
New Business Renewals
23 Gross premiums due and unreported
on policies in force Dec 31 1897 33101 60 4736 73
24 Gross deferred premiums on poli
ties in force December 31 1897 8712 57 14467 56
139772 43
19025 00
39554 65
2810683 29
885 76
16833 50
Totals 41814 17 19224 29
25 Deducting loading on new and
on renewals 20907 08 576 73
26 Net amount of uncollected and de
ferred premiums 20907 09 18647 56
Extended
Total assets as per the books of the company
Items Not Admitted
1 Companys stock owned loans on 500 00
5 Agents balances 15tll It
7 Ledger balances
Total
Total assets less items not admitted 2793849 79
VLIABILITIES
1 Net present value of all outstanding policies
in force on the 31st day of December 1897
computed according to the Actuaries Table
of Mortality with four per cent interest 2503982 00
Deduct net value of risks of this company
reinsured in other solvent companies 919
Net reinsurance reserve
12 Contingent reserve on lapsed policies
Amount of any other liability of the company viz Pre
miums paid in advance
Agents credit balances
Liabilities on policyholders account
Gross surplus on policyholders account
19 Total liabilities
16
17
18
2503063 00 50000 00
357 86 164 00
2553584 86
240264 93
2793849 79230 COMPTROLLERGENERALS REPORT
20 Estimated surplus accrued on ton
tine or other policies the profits upon
which are especially reserved for that
class of policies 10648 00
21 Estimated surplus accrued on all
other policies 129616 93
VIPREMIUM NOTE ACCOUNT
1 Premium notes loans or liens on hand De
cember 31 of previous year 56990 47
2 Premium notes loans or liens received during
the year on new policies 968560 on old
policies 152974 11215 34
Total 67905 81
Deductions during the year as follows
Amount of notes loans or liens
Used in purchase of surrender policies 638 00
Voided by lapse 8727 51
Used in payment of dividends to policy
holders 389 12
Redeemed by maker in cash 213 70
Total reduction of premium note ac
count 9968 33
Balance note assets at end of year 57937 48
Business in Georgia during 1S97
No Amoun
Number and amount of policies on the lives of citizens of
Georgia in force December 31 of previous year 336 527210
Number and amount of policies on the lives of citizens of
Georgia issued during the year 246 410375
Total 582 937585
Deduct number and amount which have ceased to be in
force during the year 113 198934
Total number and amount of policies in force in
Georgia December 311897 469 738651
Amount of losses and claims on policies in Georgia paid
during the year 8 16708
Amount of losses and claims on policies in Georgia incurred
during the year 8 16708
What amount of premiums was collected or secured in Georgia during the
year in cash and notes or credits without any deductions for losses divi
dends commissions or other expenses Answer Oash 2742180
BUSINESS IN GEORGIA FOR YEAR ENDING APRIL 30 1898
Risks written during the year410375 00
Premiums 33823 95
Losses 14708 00
Tax 338 23COMPTROLLERGENERALS REPORT 231
THE MUTUAL LIFE INSURANCE COMPANY OF NEW YORK N Y
ICAPITAL
1 No capital stocka purely mutual company
Amount of net or ledger assets December 31st 1896 less
deductions of 232503910 made after appraisals
on 220156650 ax
real estate in 1897
INCOMK DURING YEAR 1897
As Shown by the Books at the Home Office at Close of Business Dec 31st
1 From premiums on new
policies less interest in
cluded in deferred pre
miums 884379 and
32340 for first years re
insurance and excluding
revivals after first year
4 From dividends applied to
purchase new paidup ad
ditions 250752134
6 From surrender values ap
plied to purchase new
paidup insurance 2563078 00
5109966 34
10180565 68
Total new premiums
From renewal premiums less
interest included in de
ferred premiums 121
08765 and 132110 for re
newal reinsurance 2819220465
From surrender values ap
plied by policyholders to
pay renewal premiums 890738 69
Total renewal premiums 29082943 34
7 Consideration for annuities 3429692 97
Total premium income 42693201 99
9 Rents from companys prop
erty including 175000 for
companys own occupancy 933129 27
10 From interest on mortgage
loans 3636057 55
11 Frolm interest on collateral
loans 408203 44
12 From interest on bonds and
dividends on stocks 5337312 85
13 From interest on other debts
due the company and on
deposits in banks 294338 41232
COMPTROLLERGENERALS REPORT
14 From interest on deferred
premiums 129931 44
Total rents and interest 10738972 96
15 Profit on sales of real estate 3605886 on
sale or maturity of securities 69437442 730433 28
Total income 54162608 23
Total 274319267 74
IIIDISBUESEMENTS DUKING THE YEAR 1897
As Shown by the Books at the Home Office at Close of Business Dec 31st
1 Paid for death claims 12
24385765 additions 1
03577301 13279630 66
2 For matured endowments
177551550 additions
25791788 2033433 38
5 Total amount actually paid for losses
and matured endowments 15313064 04
6 Paid to annuitants 769260 22
10 Dividends applied to purchase new paidup
additions 2507521 34
11 Surrender values paid in cash 3948393 13
12 Surrender values applied by policyholders
to pay renewal premiums 890738 69
13 Surrender values applied to purchase new
paidup insurance 2563078 00
Total paid policyholders 2599205542
15 Cash paid for commissions and bonuses to
agents less commissions on reinsur
ance new policies 354690959 re
newal policies 181624589 on annu
ities 14978432 5512939 80
17 Cash paid for agency expenses 965063 71
18 Cash paid for salaries of officers and home
office employees who receive no other
compensation 646426 67
19 Cash paid for medical examiners fees and
salaries 34718628 inspection of risks
7431472 421501 00
20 Cash paid for insurance department fees
taxes on premiums and reserves and
agents licenses 387134 95
21 Cash paid for taxes on real estate 211955 10
23 Cash paid for repairs and expenses other
than taxes on real estate 412418 52
24 Cash paid for rent 175000 00
25 Cash paid for advertising 18888915
printing and stationery 41353055 post
age and telegraph 13281623 735235 93
26 Cash paid for legal expenses 271862 28
COMPTROLLERGENERALS REPORT 23S 27 Cash paid for exchange 3827031 express freight and duty 3017529 sundry ex

Total miscellaneous expenses 1013200557 Balance 238195206 75
Invested in the following IVLEDGER ASSETS As per Ledger Accounts Shown by the Books at the Home Office at Close of Business December 31st

3 Loans secured by pledge of bonds stocks or other collateral 12880308 00
6 Book value of bonds owned excluding interest 10349804887 stocks 18621853 31 122119902 18
7 Cash in companys office 890943 dennaifprl in hanks 11 696 286 39 11705195 82
8 Suspense 28000000 agents debit bal
Total 238223644 74
DEDUCT LEDGER LIABILITIES 9 Agents credit balances 1301639 all other 15 421 60 28437 99
NONLEDGER ASSKTS 10 Interest due 20913850 and accrued 857

12 Interest due 1881875 and accrued 9
15 Rents due 3423141 and accrued 8124375 on companys property 115475 16
17 Market value as per quotations December 31st 1897 of
New Business Renewals 18 Gross premiums due and unreported on policies on which at least one premium had been paid in force December 31st 1897 33699 07 2206359 26 19 Gross deferred premiums on policies on which at least one premium had been paid in force December qit 1gq7 147810 98 2016157 30

Totals 181510 05 4222516 56
234
COMPTROLLERGENERALS REPORT
21 Deduct cost of collection 69
per cent on new and 6
per cent on renewals
125241 93 274463 58
22 Net amount of uncollected
and deferred premiums 56268 12 3948052 98400432110
Gross assets December 31 1897 254262284 2L
DEDUCT ASSETS NOT ADMITTED
3 Agents debit balances 19584655 suspense 28000000
475846 65
Total admitted assets 253786437 6S
V NONLEDGER LIABILITIES
As Shown by the Books at the Home Office at Close of Business Dec 31st
1 Net present value of all the outstanding
policies in force on the 31st day of De
cember 1897 computed according to The
Actuaries Table of Mortality with four
per cent interest as per certificate of In
surance Department of New York 190896829 00
Same for reversionary additions 15235958 00
Same for annuities including those in re
duction of premiums 10327501 00
Total 216460288 00
Deduct net value of risks of this company
reinsured in other solvent companies 1412 00
Net reserve 216458876 00
3 Claims for matured endowments due and
unpaid papers not completed 94788 72
5 Claims for death losses in process of ad
justment or adjusted and not due 650951 73
7 Claims for death losses and other policy
claims resisted 318010 30
8 Amounts due and unclaimed on annuities 60163 08
Total policy claims 1123913 83
12 Amount of premiums paid in advance 281625 24
14 Amount of any other liability of the company viz un
der NonForfeiture Clause of policies 413828 00
Liabilities on policyholders account 218278243 07
Surplus on policyholders account 35508194 59

Total liabilities 253786437 BSCOMPTROLLERGENERALS REPORT 235
Business in Georgia During 1897
No Amount
Number and amount of paidfor policies in force De
cember 31 1896 5861 16963840 00
Number and amount of policies paid for during the year 1369 254494b 00
Total 7230 19508785 00
Deduct number and amount which have ceased to
be in force during the year 1290 4048458 00
Total number and amount of paidfor policies
in force in Georgia Dec 31 1897 5960 15460327 00
No Amount
Number and amount of losses and claims incurred
during the year 67 179914 83
Total 67 179914 83
Number and aimount of losses and claims on policies
paid during the year 66 169914 83
BUSINESS IN GEORGIA FOR TEAR ENDING APRIL 30 1898
Risks 2632325 00
Premiums 511115 68
Losses 212Ma2l
Tax 511115
NEW ENGLAND MUTUAL LIFE INSURANCE CO BOSTON MASS
ICAPITAL STOCK
Amount of net or ledger assets December
31 of previous year 24630783 45
Extended at24630783 45
IIINCOME DURING THE YEAR
1 Cash received for premiums
on new policies without de
ductions for com missions or
other expenses 344247 79
1 Cash received for renewal
premiums without deduc
tions for commissions or
other expenses 1760349 00
2 Premium notes loans or liens
taken in part payment for
premiums on new policies 125517 00
2 Premium notes loans or liens
taken in part payment for
renewal premiums 733535 43
3 From distributions applied to
pay running premiums see
item 11 Disbursements 508862 27236
COMPTROLLERGENERALS REPORT
3 From distributions applied
to purchase paidup addi
tions see item 12 Disburse
ments 21386 10
4 From surrender values ap
plied to purchase paidup
insurance see item 15 Dis
bursements 33975 47
7 Total premium income 3527873 06
8 Cash received for interest on mortgage
loans 238976 25
9 Cash received for interest on bonds owned
and dividends on stock 597889 99
10 Cash received for interest on premium
notes loans or liens 101525 89
11 Cash received for interest on other debts
due the company collateral loans 77602 07
12 Cash received as discount on claims paid in
advance 2164 35
13 Cash received for rents for use of companys
property 99823 38
19 From all other sources viz Balance of
profit and loss account 57812 79
Total income 4703667 78
Total 29334451 23
IIIDISBURSEMENTS DURING YEAR 1897
1 Cash paid for death claims
including revisionary ad
ditions 1552451 09
2 Premium notes loans or liens
used in payment of the
same 18039 91
3 Cash paid for matured and
discounted endowments
and additions thereto 208856 52
4 Premium notes loans or liens
used in the payment of
same 1411 68
7
Total net amount actually paid for
losses and matured and discounted
endowments 1780759 20
9 Premium notes loans or liens used in pur
chase of surrendered policies 1719996
voided by lapse 5671395
9J Premium notes loans or liens used inpay
ment of dividends to policyholders
10 Cash distributions paid policyholders
11 Cash distributions applied to pay running
premiums see item 3 Income
12 Cash distributions applied to purchase paid
up additions see item 3 Income
73913 91
3786 66
32948 85
508862 27
21386 10COMPTROLLERGENERALS REPORT
237
13 Surrender values paid in cash 581048 73
15 Surrender values applied to purchase paid
up insurance see item i Income 33975 47
17 Cash paid for commissions and bonuses to
agents less commission on reinsurance
new policies 23438186 renewals 113
77232 348154 18
18 Cash paid for salaries and allowances to
managers and agents 41688 36
19 Cash paid for medical examiners fees 25888 50
20 Cash paid for salaries and all other compen
sation of officers and other home office
employees 129839 55
21 Cash paid for taxes on premiums 29703 56
22 Cash paid for taxes on reserves 2511687
on investments real estate 2876474 53764 74
23 Oash paid for insurance department fees
and agents licenses 644387 municipal
licenses 218622 8630 09
24 Oash paid for rent 2t528 23
25 Oash paid for commuting commissions 9956 78
26 Oash paid for furniture fixtures and safes
for home and agency offices 10573 19
27 Oash paid for advertising 2364143 print
ing 2666555 postage 424567 54752 65
28 Oash paid for real estate expenses other
than taxes 5109309 for legal expenses
167755 52770 64
29 Oash paid for the following items viz
Travel telegraph and telephone service
periodicals documents light express
exchange and all other general items
and incidentals at home office and
agencies 36374 99
Total miscellaneous expenses 827
62546
30 Total disbursements 3864306 65
31 Balance 25470144 58
Invested in the following
IVASSETS AS PER LEDGER ACCOUNTS
1 Cost of real estate exclusive of all incum
brances 2178589 36
2 Loans on mortgages first liens on real
estate 6395504 00
3 Loans secured by pledge of bonds stocks
or other marketable collaterals 1812280 98
4 Loans made in cash to policyholders on this
companys policies assigned as collateral 911754 85
5 Premium notes loans or liens on policies
in force of which was received
during the year 650188 17238
COMPTROLLERGENERALS REPORT
11
13
14
15
16
17
19
21
23
24
Cost value of bonds and stocks owned ex
cluding accrued interest at time of pur
chase 12968050 47
Cash deposited in banks 553776 75
Total net or ledger assets as per
balance above 25470144 58
Total net or ledger assets less depreciation
Other Assets
Interest due 4155860 and accrued 65
48465 on mortgages 107043 25
Interest accrued on bonds and stocks 28358 07
Interest accrued on collateral loans 13530 85
Interest accrued on premium notes loans
or liens 29387 06
Rents due 75333 and accrued 1333108
on companys property or lease 14084 41
Total carried out
Market value of bonds and stocks over cost
25470144 58
192403 64
1040253 26
New Business
Renewals
25
26
28
Gross premiums due and un
reportedon policies in force
December 31 1897
Gross deferred premiums on
policies in force December
31 1897
Totals
Deduct loading 20 per cent
Net amount of uncoil cted
and deferred premiums
Extended
22231 59 172231
55817 80
78049 39
15609 88
62439 51
45137 00
217368 89
43473 78
173895 11
236334 62
Total assets as per the books of the company 26939135 99
VLIABILITIES
Net present value of all the outstanding
policies in force on the 31st day of Decem
ber 1897 computed according to The
Actuaries Table of Mortality with four
per cent interest 24478903 91
Net reinsurance reserve 24478903 91
Claims for death losses due and unpaid 103993 00
Claims for matured endowments due and
unpaid 23323 00
Claims for death lossesno proofs received 69211 00
Claims for death losses and other policy
claims resisted by the company 3000 00
Total policy claims
10 Amount of all unpaid distributions of surplus or other
description of profits due policyholders
17 Liabilities on policyholders account
18 Gross surplus on policyholders account
19 Total liabilities
199527 00
133276 64
24811707 55
2127428 44
26939135 99COMPTROLLERGENERALS REPORT 239
VIPREMIUM NOTE ACCOUNT
1 Premium notes loans or liens on hand Der
cember 31 of previous year 653786 87
2 Premium notes loans or liens received
during the year on new policies 125517
on old policies 73353543 859052 43
Total 1512839 30
Deductions during the year as follows
Amount of notes loans or liens used in
payment of losses and claims 19451 59
Amount of notes loans or liens used in pur
chase of surrendered policies 17199 99
Amount of notes loans or liens voided by
lapse 56713 95
Amount of notes loans or liens used in pay
ment of distributions to policyholders 3789 66
Amount of notes loans or liens redeemed
by maker in cash 765498 97
Total reduction of premium note account 862651 13
Balance note assets at end of the year 650188 17
Business in Georgia During 1897
No Amount
Number and amount of policies on the lives of citizens
of Georgia in force December 31 of previous year 47 175729 00
Total 47 175729 00
Deduct number and amount which have ceased
to be in force during the year 5 28942 00
Total number and amount of policies in force
in Georgia December 31 1897 42 146787 00
Amount of losses and claims on policies in Georgia in
curred during the year 2 6942 00
Total 2 694200
Amount of losses and claims on policies in Georgia
paid during the year 2 6942 00
What amount of premiums was collected or secured in
Georgia during the year in cash and notes or credits
without any deduction for losses dividends commis
sions or other expenses Answer Cash 349235
notes or credits 1268 total 4760 25
BUSINESS IN GEORGIA FOR YEAR ENDING APRIL 30 1898
Risks 4850000
Premiums 4087 80
Tax 4087
16C240 COMPTROLLERGENERALS REPORT
THE NEW YORK LIFE INSURANCE COMPANY OF NEW YORK N Y
ICAPITAL STOCK
Amount of invested assets December 31st 1896176080948 03
IIINCOME 1897
1 Cash received for premiums
on new policies except an
nuities without deduction
for commissions or other ex
penses 5068902 19
2 Cash received for annuities
granted in 1897 1240646 45
3 Cash dividends of 1897 applied
by the policyholder to pur
chase paidup insurance 375626 18
4 Total new premiums 668517482
5 Received for renewal premi
ums without deduction for
commissions or other ex
pensss 26013500 08
6 Cash dividends of 1897 applied
by the policyholder to pay
running premiums 330912 38
7 Surrender values applied by
the policyholder to pay run
ning premiums 25402 53
8 Total renewal premiums 26369814 99
9 Total gross premiums 33054989 81
10 Deduct amount of premiums
paid to other companies for
reinsurance on policies in
this company new business
2535904 renewals 48
67037 74029 41
11 Total premium income
less reinsurance 32980960 40
12 Interest on bonds owned and
dividends on stock 5621249 04
13 Interest on mortgage loans 1829220 33
14 Rents for use of companys
property 744389 43
15 Interest on loans to policy
holders 28830887 on pre
mium notes and other pre
mium obligations 105
67535 393984 22COMPTROLLERGENERALS REPORT
241
36 Interest on bank and trust
company deposits etc 171144 94
17 Interest on collateral loans 41513 34
18 Total interest and rents 8801501 30
19 Deposits on account of trust policies 4623
registered bond policy 6000 total 10623 00
Totalincome 41793084 70
Total217874032 73
IIIDISBURSEMENTS 1897
1 Death claims and dividend ad
ditions thereto 9779017 26
2 Matured endowments and ad
ditions thereto 2919618 00
Total 12698635 26
Deduct amount received from
other companies for losses
on policies of this company
reinsured 109420 80
Net amount paid for losses and endow
ments
Cash paid annuitants
Dividends paid policyholders Used to buy
new insurance 37562618 to pay running
premiums 33091238
Surrender values cash 118987739 ap
plied to pay running premiums 2540253
Reserve values paid on mutual deferred div
idend policies
Installments paid on trust policies and on
registered bond policies
Total paid policyholders 1940945562
Payments to agents first years commissions
bonuses and advances of every kind 3
23996475 renewal commissions including
commuted commissions 40537628
106865477 Total
Home office salary account officers and clerks
Salaries and allowances for foreign and domes
tic agencies including those to managers
agents and clerks
Medical examiners fees and salaries 304
54599 inspection of risks 8658916
14 Taxes licenses and fees of all kinds State
city and county taxes 15592324 insur
ance departments fees and licenses
29157781 Total
15 Rent
7
9
50
11
12
13
12589214 46
1463694 91
2434981 79
1215276 92
1686260 00
20024 53
4308619 52
614498 39
372811 45
391135 15
447501 05
293020 64242
COMPTROLLERGENERALS REPORT
16
17
18
19
Advertising account 13785070 printing
stationery and bookbinding 17421065 31206135
Real estate charges 203079 89
Postage exchange cablegrams telegrams
telephone express cartage freight etc 141604 97
All other items Equipment account coal
water gas furniture fixtures supplies
fire and surety insurance and all other
miscellaneous expenses 51700006 law
department legal notarial and consul
fees 19581489 traveling expenses of
agents inspectors and all other officials
110434381 Total 817158 76
Total miscellaneous expenses 840149117
Total disbursements 27810946 7i
10
11
12
13
14
15
16
Balance invested as stated190063085 95
IVASSETS
Book value of bonds 10338460470 and
stocks 404781647 owned market value
11323975155 December 311897107432421 17
Loans secured by first mortgage number 900
on real estate 41082422 04
Real estate 74 pieces unincumbered 16991000 00
Cash account Banks and trust companies
deposits 10243983 79
Loans on companys policies assigned as col
lateral Legal reserve to secure same
13747893 7900096 39
Premium notes on policies in force Legal
reserve to secure same 2700000 1189501 37
Loans secured by pledge of bonds and stocks
market value 5626655 4507366 67
Agents ledger balances 710394 52
Total invested assets190063085 95
Market value of bonds and stocks over book
value as stated 5807330 38
Interest due and accrued on bonds owned 771445 08
Interest due and accrued on bond and mort
gage loans 471040 91
Interest accrued on policy loans 167390 00
Rents due and accrued on companys prop
erty 41816 00
Interest accrued on collateral loans and bank
deposits 34956 19
New Business Renewals
Gross premiums un
collected Dec 311897 2278207 00
Gross deferred premi
ums Dec 31 1897 288861 00 1882682 00
Total 288361 00 4160889 00COMPTROLLERGENERALS REPORT
243
17 Deduct 65 per cent
from new premiums
and 5 per cent from
renewals 187434 65 208044 45
18 Net amount of uncol
lected and deferred
premiums 100926 35 3952844 55 4053770 90
Total U347749 46
Gross assets Dec 31st 1897201410835 41
19 Deduct item 8 agents ledger balances pursuant to regu
lations of insurance department 716394 52
Total admitted assets per certificate of insurance de
200694440 89
partment
LIABILITIES
1 Net present value of all outstanding policies
and additions thereto in force Dec 31st
1897 as computed according to the Actu
aries or Combined Experience Table of
Mortality with 4 per cent interest by the
New York State Insurance Department 165253827 00
2 Deduct net value of risks reinsured 297748 00
Total net reserve per certificate of
Insurance Department164956079 00
3 Claims for death losses reportedfull proofs
notreceived 1250079 89
4 Claims for death losses in process of pay
ment proofs completed 249335 28
5 Claims for matured endowments papers not
completed 167916 18
6 Claims for death losses resisted by the com
pany 4900000
7 Amount due for annuities claims not pre
sented
91527 01
Total policy claims 1807858 36
8 Surplus reserved fund voluntarily set aside
by the company 16195926 00
9 Dividends due policyholders payable on an
niversaries of policies 147473 37
10 Premiums paid in advance 201963 07
11 Amount of policy trust funds held by the
company 209035 69
Total miscellaneous items 16754393 13
Total liabilities on policyholders account183518335 49
Surplus on policyholders account not including
surplus reserved fund 16195926 per certificate of
insurance department 17176105 40
Total200694440 89244 COMPTROLLERGENERALS REPORT
Business in Georgia during 1896On the Basis of Paidfor Business only
No Amount
Number and amount of paidfor insurance and additions
on lives of citizens of Georgia in force Dec 31 of
previous year 5425 13182188
Number and amount of new paidfor insurances on lives
of citizens of Georgia paid for during the year 1544 3020649
Total 6969 16202837
Deduct number and amount which have ceased to be
in force during the year 674 1593449
Total number and amount of paidfor insurance
in force in Georgia Dec 311897 6205 14609388
Amount of losses and claims on policies in Georgia in
curred during the year 80 234353 74
Total 80 234353 74
Amount of losses and claims on policies in Georgia paid
during the year 74 224839 76
What amount of premiums was collected or secured in Georgia without any
deduction for losses dividends commissions or other expenses
Answer 52274181
BUSINESS IN GEORGIA FOB YEAR ENDING APRIL 30 1898
Risks 3067000 00
Premiums 504961 43
Losses 207616 05
Tax 5049 61
THE NORTHWESTERN MUTUAL LIFE INSURANCE COMPANY
MILWAUKEE WIS
ICAPITAL STOCK
Amount of net ledger assets December 31 of
previous year88563916 16
Extended at 88563916 16
IIINCOME DURING YEAR
As Shown by the Books at Home Office at Close of Business December 31
1 First years premiums less in
terest included in deferred
premiums 1744556 2073679 16
2 Renewal premiums less inter
est included in deferred pre
miums 1071661411866868 93
3 Dividends applied by policy
holders to pay running pre
miums renewals 927941 21
4 Dividends applied by policy
holders to purchase paidup
additions and annuities 220977 26COMPTROLLERGENERALS REPORT
245
5 Surrender values applied to pay
running premiums first year
premiums 363237 renew
als 3161 3663 98
7 Consideration for annuities
other than matured install
ment policies 29339 51
8 Total premium income15122470 05
9 Rents from companys proper
ty including 34000 for com
panys use of own building 185195 68
10 Interest on loans on mortgages
of real estate 3592707 11
10J Interest on loans made to pol
icyholders on this companys
policies assigned as collateral 217683 09
11 Interest on premium notes
loans or liens 30996 76
12 Interest on bonds and dividends
on stocks no stocks owned 654490 92
13 Interest on other debts due the
company and on deposits in
banks 76082 38
14 Discount on claims paid in ad
vance no claims discounted
but maturing endowments
1073668 interest on de
ferred premiums 12461170 135348 38
Total rents and interest 4892504 32
15 Profit on sales of real estate 11326 64
17 From other sources viz Commuted commis
sions refunded for renewals redeemed 9
78342 adjustment of real estate values
2641547 36198 89
Total income during the year 20062499 90
Sum of both amounts108626416 06
IIIDISBURSEMENTS DURING YEAR
As Shown by the Books at Home Office at Close of Business December 31
1 For death claims 364181080
additions 7163714 3713447 94
2 Matured endowments 799119
96 additions 3279201 831911 97
3 Installment death claims 14641 64
Total 4560001 55
5 Total net amount actually paid for losses and
matured endowments 4560001 55
6 Paid to annuitants 3678 78
7 Premium notes voided by lapse 1180112
less restored by revival 313292 8668 20246
COMPTROLLERGENERALS REPORT
8 Dividends paid policyholders
9 Dividends applied by policy
holders to pay running pre
miums
10 Dividends applied by policy
holders to purchase paidup
additions and annuities
361589 23
927941 21
220977 261510507 70
11 Surrender values paid 638474 20
12 Surrender values applied to pay
running premiums 3663 98 642138 18
Total paid policyholders 672499441
IE Commissions to agents new policies 829
94068 renewal policies 85406037 on
annuities 15974 1684160 79
16 Commuting renewal commissions 4500 00
18 Salaries officers 11350000 home office em
ployees 23679019 350290 19
19 Medical examiners fees 10749535 inspec
tion of risks 1419593 121691 28
20 Taxes on new premiums and renewal premi
ums 16758042 on reserves 926993
municipal and State licenses 755900 184409 35
21 Taxes on real estate 74057 46
22 Insurance department fees and agents
licenses 10861 82
Repairs and expenses other than taxes on
real estate 25862 15
REnt including 3400000 for companys use
of own buildings 34000 00
25 Advertising 629716 printing and station
ery 3968233 postage 6631877 112298 26
26 Legal expenses 7402353 for furniture etc
578376 79807 29
27 Losses on sales of real estate 2457 63
28 All other items viz Premium on bonds
bought 49725614 loan expenses 113
15112 real estate expenses 10751081
exchange 1481210 freight and express
640453 expenses of trustees and execu
tive committee 3124471 loss expenses
333370 traveling expenses 633714
loss account policy loan 4694 adjust
ment of real estate values 3004944 810146 63
28
24
Total miscellaneous expenses 349454285
Total disbursements 10219537 26
Balance 98406878 80COMPTROLLERGENERALS REPORT
247
Invested in the following
IVLBDGEK ASSETS
As per Ledger Accounts Shown by the Books at Home Office at Close of
Business December 31
1 Book value real estate unincumbered 2989861 79
2 Mortgage loans on real estate 66785998 21
4 Loans made to policyholders on this compa
nys policies assigned as collateral 5165850 00
5 Premium notes on policies in force 352435 18
6 Book value bonds18994865 00
7 Cash in companys office 23020471 depos
ited in bank 389983721
National Exchange Bank Mil
waukee Wis 699837 21
First National Bank Milwaukee
Wis1600000 00
Wisconsin National Bank Mil
waukee Wis1600000 004130041 92
8 Agents debit balancesj9T14J35
Total98428766 45
Deduct Ledger Liabilities
9 Agents credit balances 2183275 all other
5490 21887 65
Total net ledger assets as per balance above 98406878 80
NonLedger Assets
10 Interest due 36768125 and accrued 860
53717 on mortgages 1228218 42
11 Interest due 2660500 and accrued 329
22188 on bonds 355826 88
13 Interest due 7600 and accrued 1133523
on premium notes loans or liens 11411 23
14 Interest due 1704287 and accrued 171
67090 on other assets policy loans 188713 77
15 Rents due 149802 and accrued 1852772
on companys property or lease 20025 74 1804196 04
17 Market value not including interest in item
11 of bonds over book value 1456358 68
New Business Renewals
18 Gross premiums not more than
three months due after period
of grace unreported on poli
cies outstanding December31 359895 00 457260 00
19 Gross deferred premiums on pol
icies outstanding December 31 157653 00 1088464 00
20 Totals 517548 00 1515724 00
21 Deduct cost of collection 40 per
SWPereent 2070 5226
22 NeandTefenrre1 S 310528 80 1417201 94 1727730 74
Gross assets103395164 26248
COMPTROLLERGENERALS REPORT
Deduct Assets Not Admitted
3 Agents debit balances not secured by
bonds 411764 9714 35
Total admitted assets103385449 91
VXONLEDGER LIABILITIES
As Shown by the Books at Home Office at Close of Business December 31
1 Net present value of all the outstanding pol
icies in force on the 31st day of December
1897 as computed by the company accord
ing to the Actuaries Table of Mortality
with four per cent interest80098393 00
Same for annuities including those in
reduction of premiums 95370 00
Total80193763 00
Net reserve 80193763 00
2 Present value of amounts not yet due on matured install
ment policies face 17379170 140683 85
3 Matured endowments due and unpaid 21034 00
4 Death losses due and unpaid 23456 80
5 Death losses in process of adjustment or ad
justed and not due 198630 00
6 Death losses which have been reported and
no proofs received less reserve included
in No 1 91924 60
7 Death losses and other policy claims resisted
by the company not yet outlawed 25500 00
8 Due and unpaid on annuity claims 126 61
Gross policy claims 360672 01
Net policy claims 360672 01
9 Unpaid dividends or other profits due policyholders in
cluding those contingent on payment of outstanding
and deferred premiums 131445 8
11 Bills accounts commissions medical fees etc due or ac
crued 51528 33
12 Premiums paid in advance estimated 7000 00
Surplus accumulated on deferred dividend
policies estimated16310434 00
Surplus accumulated on all other policies 6189922 84
Liabilities on policyholders account 80885093 07
Gross divisible surplus 22500356 84
Total103385449 91
Business in Georgia during the said year
No Amount
Number and amount of policies on the lives of citi
zens of said State in force December 31 of previous
year 3631 8352934 00
Number and amount of policies on the lives of citi
zens of said State issued during the year 772 1489076 00
Total 4403 9842010 00COMPTROLLEROxENERALS REPORT 249
Deduct number and amount which have ceased to be
in force during the year including renewals from
StateJ82 920124 00
Total number and amount of policies in force in
said State Dec 31 last 4021 8921886 00
Amount of losses and claims on policies in said State
unpaid December 31 of previous year 3 7102 00
Amount of losses and claims on policies in said State
incurred during the year 32 88500
Total 35 9560200
Amount of losses and claims on policies in said State
settled during the year 32 88500 00
Amount of premiums collected in said State during
the year without any deduction for losses divi
dends commissions or other expenses Cash 295
95990 notes or credits 263568 total 29859558
BUSINESS IN GEORGIA FOR YEAR ENDING APRIL 30 1898
Risks 131800900
T S 261055 53
TPremlUmS 6888500
Losses
Tax 261055
THE PACIFIC MUTUAL LIFE INSURANCE COMPANY SAN FRAN
CISCO CAL
ICAPITAL STOCK
1 Amount of capital stock paid up
in cash 200000 00
Amount of net or ledger assets December
31 of previous year 2852987 46
Increase of capital during 1897 100000 00
Extendedat 2952987 4
IIINCOME DURING YEAR 1897
1 Cash received for premiums on
new policies without deduc
tions for commissions or other
expenses 230390 03
lJCash received for renewal pre
miums without deductions
for commissions or other ex
penses 259457 90
2 Premium notes loans or liens
taken in part payment for re
newal premiums 44532 18
3 From dividends applied to pay
running premiums see item
11 Disbursements 31927 20250
COMPTROLLERGENERALS REPORT
3 From dividends applied to pur
chase paidup additions and
annuities see item 12 Dis
bursements 29485 76
4 From surrender values applied
to pay running premiums
see item 14Disbursements 4000 33
From surrender values applied
to purchase paidup insurance
and annuities see item 15
Disbursements 87308 34
4J
Total 687102 74
6 Deduct amount of premiums
paid to other companies for
reinsurance on policies in
this company new business
208260 renewals 116451 3247 11
7 Total premium income 683855 63
8 Cash received for interest on mortgage
loans 57878 06
9 Cash received for interest on bonds owned
and dividends on stock 25880 50
10 Cash received for interest on premium notes
loans or liens 9737 20
11 Cash received for interest on other debts
due the company including interest on
deferred premiums 12446 70
12 Cash received as discount on claims paid in
advance 930 84
13 Cash received for rents for use of companys
property including 690000 for compa
nys own occupancy 39118 63
14 Cash received for profits on sales of bonds
or stocks 10585 00
19 From all other sources viz Total income
of accident department net premiums 262578 98
Total income 1103011 54
Total 4055999 00
IIIDISBURSEMENTS DURING YEAR 1897
1 Cash paid for death claims in
cluding revisionary additions 185854 18
2 Premium notes loans or liens
used in payment of the same 42 78
3 Cash paid for matured endow
ments and additions thereto 51526 00
Total 237422 96
7 Total net amount actually paid for losses
and matured endowments 237422 96
8 Cash paid to annuitants 4274 00COMPTROLLERGENERALS REPORT
251
9 Premium notes loans or liens used in pur
chase of surrendered policies 6950 92
9 Premium notes loans or liens used in pay
ment of dividends to policyholders 460 81
10 Cash dividends paid policyholders 3616 70
11 Cash dividends applied to pay running pre
miums see item 3 Income 31927 20
12 Cash dividends applied to purchase paidup
additions and annuities see item 3J In
come 2948576
13 Surrender values paid in cash 7369 31
14 Surrender values applied to pay running
premiums see item 4 Income 4000 33
15 Surrender values applied to purchase paid
up insurance and annuities see item 4J
Income 87308 34
Total paid policyholders 41281633
16 Cash paid stockholders for interest or divi
dends S00000
17 Cash paid for commissions and bonuses to
agents less commission on reinsurances
new policies 10492052 renewals 48
63992 15356044
18 Cash paid for salaries and allowances to
managers and agents 47344 13
19 Cash paid for medical examiners fees 15166 30
20 Cash paid for salaries and all other compen
sation of officers and other home office
employees 34519 20
21 Cash paid for taxes on new premiums 1
01371 on renewals 246568 on fran
chises 1695 3496 34
22 Cash paid for taxes on real estate 9372 40
23 Cash paid for insurance department fees
and agents licenses 252533 municipal
licenses 4823 2573 56
24 Cash paid for rent including 4500 compa
nys occupancy 7939 5
25 Losses on sales of real estate 1316 48
27 Cash paid for advertising 269042 printing
and stationery 1392969 postage 2
24834 1886845
28 Cash paid for real estate expenses other
than taxes 923321 for legal expenses
418139 1341460
29 Cashpaid for the following items viz
General expense 9619 63
Repaid stockholders amount advanced for
acct industrial department in 1896 46500 00
Total disbursements of accident department 271617 99
30 Total disbursements 1056124 90
31 Balance 2999874 10252
COMPTROLLERGENERALS REPORT
Invested in the following
IVASSETS AS PEK LEDGER ACCOUNTS
1 Cost value of real estate exclusive of all in
cumbrances 1150460 09
2 Loans on mortgage first liens on real es
tate 660017 16
3 Loans secured by pledge of bonds stocks or
other marketable collaterals 124800 00
4 Loans made in cash to policyholders on
this companys policies assigned as col
lateral 110669 10
5 Premium notes loans or liens on policies in
force 41841 12
6 Cost value of bonds and stocks owned ex
cluding accrued interest at time of pur
chase 707078 24
7 Oash in companys office 10 499 11
8 Cash deposited in banks 169786 29
9 Bills receivable 1625 59
10 Agents ledger balances 12398 11
Furniture and fixtures 10 699 29
13
Total net or ledger assets less depreciation 29
Other Assets
14 Interest due 1503760 and accrued 10
14485 on mortgages
15 Interest accrued on bonds and stocks
16 Interest accrued on collateral loans
17 Interest accrued on premium notes loans
or liens
18 Interest due 203315 and accrued 2455
18 on other assets
19 Rents accrued on companys property or
lease
25182 45
10661 38
705 75
3899 76
4488 33
4012 95
5874 10
Total carried out
21 Market value of bonds and stocks over cost
New Business
23 Gross premiums due and unre
ported on policies in force
December 31 1897 31976 16
24 Gross deferred premiums on
policies in force December 31
1897 17649 87
48950 62
38579 86
Totals 49626 03
25 Deducting loading 20 per cent
on new and 20 per cent
on renewals 9925 20
26 Net amount of uncollected and
deferred premiums 39700 83
Extended
Renewals
46102 76
28797 15
74899 91
14979 98
59919 93
99620 76COMPTROLLERGENERALS REPORT
253
27 Furniture fixtures and safes
Printed supplies
Total nonledger assets accident department
10699 29
6000 00
66493 47
28
Total assets as per the books of the company
Items Not Admitted
2 Furniture fixtures and safes 10699 29
5 Agentsbalances J306 27
7 Bills receivable x
8 Supplies printed matter and stationery 600000
3259518 81
Total
20631 15
9
Total assets less items not admitted 3238887 66
VLIABILITIES
1 Net present value of all the outstanding pol
icies in force on the 31st day of December
1897 computed according to the Actuaries
Table of Mortality with four per cent in
Deduct net value of risks of this company
reinsured in other solvent companies 27384 00
Net reinsurance reserve
3 Claims for death losses which have been re
ported and no proofs received 19356 00
5 Claims for death losses and matured endow
ments in process of adjustment or adjusted
and not due 7000 00
6 Claims for death losses and other policy
claims resisted by the company
2830004 00
500 00
Total policy claims
Total liabilities of accident department
26856 00
113705 00
17 Liabilities on policyholders account
18 Gross surplus on policyholders account
2970565 00
268322 66
19 Total liabilities
3238887 66
VIPREMIUM NOTE ACCOUNT
1 Premium notes loans or liens on hand Decem
ber 31 of previous year
2 Premium notes loans or liens received during
the year on old policies
44532 18
Total
Deductions during the year as follows
Amount of notes loans or liens used in
payment of losses and claims
Amount of notes loans or liens used in
purchase of surrendered policies 69oo w
87562 22
42 78254
COMPTROLLERGENERALS REPORT
Amount of notes loans or liens used in
payment of dividends to policyholders 460 81
Amount of notes loans or liens redeemed
by maker in cash 38266 59
Total reduction of premium note account 45721 10
Balance note assets at end of the year 41841 12
BUSINESS IN GEORGIA FOR YEAR ENDING APRIL 30 1898
Risks 193000 00
Premiums 82 59
Losses
Tax 82
PENNSYLVANIA MUTUAL LIFE INSURANCE COMPANY PHILA
DELPHIA PA
Amount of net or ledger assets December 31 of
previous year 28377538 09
Decrease of capital during 1897 being deduc
tion to bring assets to market value 181130 49
Extended at28196407 60
IIINCOME DURING THE YEAR
1 Cash received for premiums
on new policies without
deductions for commis
sions or other expenses 799916 14
1 Cash received for renewal
premiums without deduc
tions for commissions or
other expenses 3901408 05
2 Premium notes loans or
liens taken in part pay
ment for premiums on
new policies 6691 90
1 Premium notes loans or
liens taken in part pay
ment for renewal pre
miums 235263 82
3 From dividends applied to
pay running premiums and
accumulated 704319 08
3From dividends applied to
purchase paidup addi
tions and annuities 116279 43
4 From surrender values ap
plied to pay running
premiums 55870 20
41From surrender values ap
plied to purchase paidup
insurance and annui
ties 164150 00COMPTROLLERGENERALS REPORT
255
5 Consideration for Annuities
other than matured in
stallment policies
140012 67
1965 67
on mortgage
678517 25
Total 612391129
6 Deduct amount of prem
iums paid to other com
panies for reinsurance on
policies in this company
new business re
newals 196567
7 Total premium income
8 Cash received for interest
loans
9 Cash received for interest on bonds owned
and dividends on stock
10 Cash received for interest on premium
notes loans or liens
11 Cash received for interest on collateral
loans
12 Cash received as interest on general ac
count
13 Cash received for rents for use of com
panys property
14 Cash received for profits on sales of bonds
or stocks 1505725 real estate 3
38323 all other 1290907
Total income 7646663 46
Total 358430710
6121945 62
382348 42
68806 97
263596 75
9646 44
90452 46
31349 55
III DISBURSEMENTS DURING THE YEAR
1 Cash paid for death claims
including revisionary ad
ditions 1620935 86
2 Premium notes loans or
liens used in payment of
the same 27144 81
3 Cash paid for matured en
dowments and additions
thereto 313313 74
4 Premium notes loans or
liens used in payment of
same 8183 60
5 Cash paid for sums falling
due during the year on
installment policies 32848 74
Total 2002426 75
17c256
COMPTROLLERGENERALS REPORT
6 Deduct amount received
from other companies for
losses or claims on poli
cies of this company re
insured 5000 00
7 Total net amount actually paid for
losses and matured endowments
8 Cash paid to annuitants
9 Premium notes loans or liens used in
purchase of surrendered policies 42
802 57 voided by lapse 41870 18
11 Cash dividends applied to pay running
premiums and accumulated
12 Cash dividends applied to purchase paid
up additions and annuities
13 Surrender values paid in cash
14 Surrender values applied to puy running
premiums
15 Surrender values applied to purchase
paidup insurance and annuities
Total paid policyholders 356130433
17 Cash paid for commissions and bonuses to
agents less commission on reinsur
ance new policies 41133991 renew
als 25909405
18 Cash paid for salaries and allowances
to managers and agents
19 Cash paid for medical examiners fees
20 Cash paid for salaries and all other com
pensation of officers and other home
office employees
21 Cash paid for taxes on new premiums
22 Cash paid for taxes on reserves 701231
on investments 7300734 real estate
4476144
pal licenses 512424
24 Cash paid for rent
25 Cash paid for commuting commissions
26 Cash paid for furniture fixtures and safes
for home and agency offices
27 Cash paid for advertising 2059369
printing 1350772
28 Cash paid for real estate expenses other
than taxes 1208725 for legal ex
penses 778933
29 Cash paid for the following items viz
home office expenses and postage 47
87469 fire insurance 814382 main
tenance of buildings etc 3445440
Total miscellaneous expenses 135229317
30 Total disbursements
31 Balance
1997426 75
23168 10
84672 75
704319 08
116279 43
415418 02
55870 20
164150 00
670433 96
84769 70
59951 96
129128 49
71192 71
124781 09
13369 04
37063 29
12780 69
4371 34
34101 41
19876 58
90472 91
4913597 50
30929473 56COMPTROLLERGENERALS REPORT
257
Invested in the following
IVASSETS AS PER LEDGER ACCOUNTS
1 Cost value of real estate exclusive of all
incumbrances 221592136
i Loans on mortgage first liens on real
estate 12971264 40
3 Loans secured by pledge of bonds stocks
or other marketable collaterals 2622321 87
4 Loans made in cash to policyholders on
this companys policies assigned as col
lateral 2315847 00
5 Premium notes loans or liens on poli
cies in force of which 669190 was re
ceived during the year 947935 11
6 Cost value of bonds and stocks owned ex
cluding accrued interest at time of
purchase 9338242 30
7 Cash in companys office 1740 05
8 Cash deposited in banks 280900 00
9 Bills receivable 124821 03
10 Agents ledger balances 3805 94
Temporary obligations for premiums
mainly secured by reserves on policies
etc 107854 00
Deduct agents credit balances 1179 50
11 Total net or ledger assets as per bal
ance above 30929473 56
13 Total net or ledger assets less depreciation 30929473 56
Other Assets
14 Interest due 9779789 and accrued 195
14136 on mortgages 292 939 25
16 Interest due 1571469 and accrued 8
94023 on collateral loans 24653 92
18 Interest due and accrued on other assets 3000 00
19 Rents due 607025 and accrued 212219
on companys property or lease 8192 44
Total carried out 328785 61
21 Market value of bonds and stocks over cost 259805 16
23 Gross premiums due and unreported on
policies in force December
24
25
31 1897
Gross deferred premiums on
policies in force Decem
ber 31 18D7
139430 59
78383 30
233653 31
392469 56
Totals
Deducting
cent on
per cent
loading 50 per
new and 5 610
on renewals
217813 89 626122 87
108906 95
35062 89
Extended
699966 92
28 Total assets as per the books of the company 32218031 25258
COMPTROLLERGENERALS REPORT
IIILIABILITIES
1 Net present value of all the outstanding
policies in force on the 31st day of De
cember 1897 computed according to
the Actuaries Table of Mortality with
four per cent interest 27883957 00
Deduct net value of risks of this com
pany reinsured in other solvent com
panies 57214 00
Net reinsurance reserve 27826743 00
5 Claims for death losses and matured en
dowments in process of adjustment or
adjusted and not due 109637 68
8 Present value of unpaid amounts on ma
tured installment policies face 179
26771 128231 00
9 Amount of trust funds held by the com
pany 2041100
Total policy claims 258279 68
10 Amount of all unpaid dividends of surplus or other de
scription of profits due policyholders 56117 43
16 Amount of any other liability of the company viz
premiums paid in advance 15840 54
17 Liabilities on policyholders account 28165560 65
18 Gross surplus on policyholders account 4052470 60
19 Total liabilities 3221803125
20 Estimated surplus accrued
on tontine or other poli
cies the profits upon
which are especially re
served for that class of
policies1630002 32
21 Estimated surplus accrued
on all other policies 2422468 28
VI PREMIUM NOTE ACCOUNT
1 Premium notes loans or liens on hand
December 31 of previous year 878607 08
2 Premium notes loans or liens received
during the year on new policies 6
69190 on old policies 27480965 281501 55
Total 1160108 63
Deductions during the year as follows
Amount of notes loans or liens used
in payment of dividends to policy
Amount of notes loans or liens used
in purchase of surrendered policies 42802 57
Amount of notes loans or liens void
ed by lapse 41870 i8COMPTROLLERGENERALS REPORT
259
Amount of notes loans or liens used
in payment o fdividends to policy
holders 75262 31
Amount of notes loans or liens re
deemed by maker in cash 16910 05 212173 52
Balance note assets at end of the year 947935 11
Business in the State of Georgia during the year
Number and amount of polioips on the lives of citizen N Amount
of Georgia in force December 31 of previous year 1340 3528300
Number and amount of policies on the lives of citizens
of Georgia issued during the year 828 1657400
TotaI 2168 5185700
Deduct number and amount which have ceased
to be in force in Georgia December 31 1897 398 820900
Total number and amount of policies in
force in Georgia December 31 1897 1770 4364800
Amount of losses and claims on policies in Georgia
incurred during the year 12 16413
Total 12 16413
Amount of losses and claims on policies in Georgia paid
during the year 12 16413
What amount of premiums was collected or secured in Georgia during the
year in cash and notes or credits without any deduction for losses
dividends commissions or other expenses Answer Cash 128
44054 notes or credits 930298 total 13774352
BUSINESS IN GEORGIA FOK YEAR ENDING APRIL 0 1898
Risks 1904300 00
Premiums 150340 17
Losses 22883 00
Tax 1503 40
THE PHOENIX MUTUAL LIFE INSURANCE COMPANY HARTFORD
CONNECTICUT
ICAPITAL STOCK
Extended at 10285559 17
IIINCOME DURING THE YEAR 1897
1 Cash received for premiums on
new policies without deduc
tions for commissions or other
expenses 308021 69
4 Cash received for renewal pre
miums without deductions
for commissions or other ex
penses 1091205 61260
COMPTROLLERGENERALS REPORT
3 From dividends applied to pay
running premiums see item
11 Disbursements 144930 39
3 From dividends applied to
purchase paidup additions
and annuities see item 12
Disbursements 33771 38
4 From surrender values applied
to pay running premiums see
item 14 Disbursements 11224 30
4 From surrender values ap
plied to purchase paidup in
surance and annuities see
item 15 Disbursements 5270 00
Total1594423 37
6 Deduct amount of premiums
paid to other companies for
reinsurance on policies in
this company new business
37860 renewals 458706 4965 66
7 Total premium income 1589457 71
8 Cash received for interest on mortgage loans 370711 14
9 Cash received for interest on bonds owned
and dividends on stock 131401 58
10 Cash received for interest on policy loans
premium notes loans or liens 45268 64
11 Cash received for interest on other debts
due the company 6433 11
12 Cash received as discount on claims paid in
advance 350 62
13 Cash received for rents for use of companys
property including 350000 for com
panys own occupancy 32894 56
14 Cash received for profits on sales of real
estate 4285 56
19 From all other sources viz Profit and loss
credits 2191 63
Total income 2182994 55
Total 12468553 72
IIIDISBURSEMENTS DURING YEAR 1897
1 Cash paid for death claims in
cluding revisionary additions 623421 43
2 Premium notes loans or liens
used in payment of the same 29528 43
3 Cash paid for matured endow
ments and additions thereto 139073 54
4 Premium notes loans or liens
used in the payment of game 1517 46
5 Cash paid for sums falling due
during the year on install
ment policies 1000 00
Total 794540 86COMPTROLLERGENERALS REPORT
261
Deduct amount received from
other companies for losses or
claims on policies of this com
pany reinsured of which 5
00000 is for matured endow
ments
9647 00
7 Total net amount actually paid for losses
and matured endowments 784893 86
8 Cash paid to annuitants 2377 00
9 Premium notes loans or liens used in pur
chase of surrendered policies 876950
voided by lapse 8769 50
94 Premium notes loans or liens used in pay
ment of dividends to policyholders 112 53
10 Cash dividends paid policyholders less
7360 dividends on reinsurance 2542 13
11 Cash dividends applied to pay running pre
miums see item 3 Income 144930 39
12 Cash dividends applied to purchase paidup
additions and annuities see item 34 In
come 33771 38
13 Surrender values paid in cash 172262 45
14 Surrender values applied to pay running
premiums see item 4 Income 11224 30
15 Surrender values applied to purchase paid
up insurance and annuities see item
14 Income 5270 00
Total paid policyholders 116614354
17 Cash paid for commissions and bonuses to
agents less commission on reinsurance
new policies 17040371 renewals 72
11771 242521 42
18 Cash paid for salaries and allowances to
managers and agents 55688 01
19 Cash paid for medical examiners fees 31
40475 inspection of risks 324575 34650 50
20 Cash paid for salaries and all other com
pensation of officers and other home office
employees 65277 69
21 Cash paid for taxes on new premiums 3
33303 on renewals 960400 12937 03
22 Cash paid for taxes on reserves 2623420
on real estate 1964059 45874 77
23 Cash paid for insurance department fees
and agents licenses 380326 municipal
licenses 283865 6641 91
24 Cash paid for rent including 350000
companys occupancy less received
under sublease 21351 79
25 Cash paid for commuting commissions 4000 00
26 Cash paid for furniture fixtures and safes
for home and agency offices 577 54262
COMPTROLLERGENERALS REPORT
27 Cash paid for advertising 1340320 print
ing 1391728 postage 834873
28 Cash paid for real estate expenses other
than taxes 1600980 for legal expenses
703620
29 Cash paid for the following items viz Ex
change 116936 sundry expenses 15
30327
Profit and loss debits
35669 21
23046 00
16472 63
54787 97
30
31
Total disbursements 1785640 01
Balance 10682913 71
Invested in the following
IVASSETS AS PEB LEDGER ACCOUNTS
1 Cost value of real estate exclusive of all
incumbrances 1151828 59
2 Loans on mortgage first liens on real
estate 5463730 12
3 Loans secured by pledge of bonds stocks
or other marketable collaterals 6600 00
4 Loans made in cash to policyholders on
this companys policies assigned as col
lateral 325119 00
5 Premium notes loans or liens on policies in
force of which was received during
the year 402040 38
6 Cost value of bonds and stocks owned ex
cluding accrued interest at time of pur
chase 2873912 43
7 Cash in companys office 157 03
8 Cash deposited in banks 459526 16
13
Total net or ledger assets less depreciation 10682913 71
Other Assets
14 Interest due 4760987 and accrued 95
20554 on mortgages 142815 41
17 Interest due and accrued on premium
notes loans or liens 4366 00
Total carried out
21 Market value of bonds and stocks over cost
147181 41
51759 73
New Business
23 Gross premiums due and unre
ported on policies in force
December 31 1897 48488 43
24 Gross deferred premiums on
policies in force December 31
1897 33689 64
Totals 82178 07
Renewals
50726 54
93390 75
144117 29COMPTROLLERGENERALS REPORT
263
25 Deducting cost of collection 54
per cent on new and 6 per
cent on renewals 44376 15 8647 03
26 Net amount of uncollected and
deferred premiums 37801 92 135470 26 173272 18
28 Total assets as per the books of the company 11055127 03
VLIABILITIES
1 Net present value of all the outstanding
policies in force on the 31st day of De
cember 1897 computed according to the
Actuaries Table of Mortality with four
per cent interest 10198695 00
Deduct net value of risks of this com
pany reinsured in other solvent compa
nies 14849 00
Net reinsurance reserve 10173846 00
2 Premium notes or loans on policies and
other obligations in excess of the net
value of their policies special policy re
serve 187934 00
3 Claims for death losses which have been re
ported and no proofs received 13086 00
5 Claims for death losses and matured endow
ments in process of adjustment or ad
justed and not due 17080 00
8 Present value of unpaid amounts on ma
tured installment policies 7608 00
Total policy claims 37774 00
16 Amount of any other liability of the company viz Pre
miums paid in advance 1124400 special liability
1000000 21244 00
17 Liabilities on policyholders account 10430798 00
18 Gross surplus on policyholdersaccount 624329 03
19 Total liabilities 11055127 03
VIPREMIUM NOTE ACCOUKT
1 Premium notes loans or liens on hand De
cember 31 of previous year 451560 68
2 Premium notes loans or liens received dur
ing the year on new policies re
vived in 1897 196 00
Total 451756 68
Deductions during the year as follows
Amount of notesloans or liens used in
payment of losses and claims 31045 89
Amount of notes loans or liens used in
purchase of surrendered policies 8769 50261 COMPTROLLERGENERALS REPORT
Amount of notes loans or liens used in
payment of dividends to policyholders 112 53
Amount of notes loans or liens redeemed
by maker in cash 9788 38 49716 30
Balance note assets at end of the year 402040 38
Business in Georgia During 1897
No Amount
Number and amount of policies on the lives of citizens of
Georgia in foroe December 31 of previous year 437 971678
Number and amount of policies on the lives of citizens of
Georgia issued during the year 303 639000
Total 740 1610678
Deduct number and amount which have ceased to be
in force during the year 201 409967
Total number and amount of policies in force in
Georgia December 31 1897 539 1200711
Amount of losses and claims on policies in Georgia incurred
during the year 2 11467
Total 2 11467
Amount of losses and claims on policies in Georgia paid
during the year 2 11467
What amount of premiums was collected or secured in Georgia during
the year in cash and notes or credits without any deduction for losses
dividends commissions or other expenses
Answer Cash 3263564 dividends 238687 total 3502251
BUSINESS IN GEORGIA FOR YEAR ENDING APRIL 30 1898
Kisks525500 00
Premiums 3e505 60
Losses 10000 00
Tax 365 05
PROVIDENT SAVINGS LIFE ASSURANCE SOCIETY OF NEW YORK
ICAPITAL STOCK
1 Amount of capital stock paid
up in cash 100000 00
Amount of net or ledger assets Decem
ber 31 of previous year 1847190 14
Extended at 1847190 14
IIINCOME DURING YEAR 1897
1 Cash received for premiums
on new policies without de
ductions for commissions
or other expenses 422399 80
1J Cash received for renewal
premiums without deduc
tions for commissions or
other expenses 1661713 68COMPTROLLERGENERALS REPORT
265
2 Premium notes loans or liens
taken in part payment for
premiums on new policies 64267 17
2 Premium notes loans or
liens taken in part payment
for renewal premiums 3813 66
3 From dividends applied to
pay running premiums see
item 11 Disbursements 207108 36
4 From surrender values ap
plied to purchase paidup
insurance and annuities see
item 15 Disbursements 9511 33
Total 2368814 00
6 Deduct amount of premiums
paid to other companies for
reinsurance on policies in
this company new business
126208 renewals 10
79710 12059 18
7 Total premium income 2356754 82
8 Cash received for interest on mortgage
loans 12591 89
9 Cash received for interest on bonds owned
and dividends on stock 42428 50
10 Cash received for interest on premium
notes loans or liens 2597 90
11 Cash received for interest on deposits and
other debts due the company 3744 57
13 Cash received for rents for use of compa
nys property 22835 69
14 Cash received for profits on sales of bonds
or stocks 5164 42
16 From dividends and surrender values on re
insurances 516 67
19 From all other sources viz Profit and loss
agencies 10134 Waco Texas Natato
rium stock 200000 Waco Texas real
estate 5652797 Savannah Ga real
estate 1843624 77065 55
Total income 2523700 01
Total 4370890 15
IIIDISBURSEMENTS DURING THE YEAR 1897
1 Cash paid for death claims in
cluding revisionary additions 1240894 68
2 Premium notes loans or liens
used in payment of the same 154 37
5 Cash paid for sums falling due
during the year on install
ment policies 500 00
Total1241549 05266 COMPTROLLERGENERALS REPORT
6 Deduct amount received from
other companies for losses or
claims on policies of this
company reinsured of which
is for matured endow

7 Total net amount actually paid for losses
1231549 05 1581 40
8 Cash paid to annuitants
9 Premium notes loans or liens used in pur
chase of surrendered policies 72232
voided by lapse 115880 1881 12
10 Cash dividends paid policyholders 20227 05
11 Cash dividends applied to pay running pre
miums see item 3 Income 207108 36
13 Surrender values paid in cash 15122 95
15 Surrender values applied to purchase paid
up insurance and annuities see item i
Income 9511 33
Total paid policyholders 148698126
16 Cash paid stockholders for interest or divi
3488 80
17 Cash paid for commissions and bonuses to
agents less commission on reinsurance
new policies 30440837 renewals 121
26309 425671 46
18 Cash paid for salaries and allowances to
managers and agents 27671 46
19 Cash paid for medical examiners fees 35
00623 inspection of risks 433483 39341 06
20 Cash paid for salaries and all other com
pensation of officers and other home office
employees 124229 34
21 Cash paid for taxes on new premiums 4
97707 on renewals 1708555 22062 62
22 Cash paid for axes on reserves 35362 on
real estate 315503 3508 65
23 Cash paid for insurance department fees and
agents licenses 511008 municipal li
censes 51740 7627 48
24 Cash paid for rent including
companys occupancy 30458 42
25 Cash paid for commuting commissions 614 04
26 Cash paid for furniture fixtures and safes
for home and agency offices 6718 95
27 Cash paid for advertising 1848056 print
ing stationery 2451825 postage 13
06760 56066 41
28 Cash paid for real estate expenses other
than taxes 931930 for legal expenses
3848115 47800 45
29 Cash paid for the following items viz
Examination by Ins Dept of State of New
York 2096 18

COMPTROLLERGENERALS REPORT
267
Traveling and other expenses 36953 21
Profit and loss agencies 6883 collateral
loans 6000000 60068 83
Total miscellaneous expenses 89437836
30 Total disbursements 2381359 62
31 Balance 1989530 53
Invested in the following
IVASSETS AS PER LEDGER ACCOUNTS
1 Book value of real estate exclusive of all
incumbrances
Loans on mortgage first liens on real estate
Loans secured by pledge of bonds stocks
or other marketable collaterals
Loans made in cash to policyholders on this
companys policies assigned as collateral
Premium notes loans or liens on policies in
force of which 6808083 was received
during the year
Book value of bonds and stocks owned ex
cluding accrued interest at time of pur
chase
Cash in companys office
Cash deposited in banks
Bills receivable
Agents ledger balances
Total net or ledger assets as per balance
above
Being 4618735 less than sworn official ap
praised value
Deduct depreciation from cost of assets to
bring same to market value 70793 15
Total net or ledger assets less depreciation 1918737 38
10
11
12
13
332540 08
213750 00
167732 65
43265 53
71080 08
815509 42
30357 05
277347 24
885 01
37063 47
1989530 53
OTHER ASSETS
14 Interest due 3310 and accrued 168650
on mortgages
15 Interest due and accrued on bonds and
stocks
16 In tenst due and accrued on collateral loans
17 Interest due 60874 and accrued 168006
on premium notes loans or liens
18 Interest due and accrued on deposits
19 Rents due 233913 and accrued 455716
on companys property or lease
Total carried out
21 Market value of bonds and stocks over book va
New Business
23 Gross premiums due and unre
ported on policies in force
December il
24 Gross deferred premiums on
policies in force Dec 31 1897
4996 50
1480 56
3600 00
2288 80
673 50
6896 29
lue
19935 20
40801 16
131396 00
39978 X
Renewals
43605 00
230129 00
Totals
171374 00 273734 00268
COMPTROLLERGENERALS REPORT
25 Deduct cost of collection 60 per
cent on new and 5 per
cent on renewals 102824 00 13687 00
26 Net amount of uncollected and
deferred premiums 68550 00 260047 00
Oash in course of transmission some received
28 Total assets as per the books of the company
ITEMS fOT ADMITTED
5 Agents balances 37139 38
7 Bills receivable 885 01
9 Total assets less items not admitted
328597 00
24599 47
2332670 21
38024 39
2294645 82
1
VLIABILITIES
Net present value of all the outstanding
policies in force on the 31st day of De
cember 1897 computed according to the
Actuaries Table of Mortality with four
per cent interest 1641543 00
Deduct net value of risks of this company
reinsured in other solvent companies 1602 00
Net reinsurance reserve
3 Claims for death losses due and unpaid
5 Claims for death losses and matured endow
ments in process of adjustment or adjust
ed and not due
6 Claims for death losses and other policy
claims resisted by the company
14000 00
215520 00
25000 00
1639941 Oo
Total policy claims
16 Amount of any other liability of the company viz
miums paid in advance
Pre
Hij Amount of reserve on policies canceled and not includ
ed in item 1 upon which a surrender value may be de
manded
17
18
L9
Liabilities on policyholders account
Gross surplus on policyholders account
254520 00
3792 01
4493 21
1902746 22
391899 60
Total liabilities 2294645 82
VIPREMIUM NOTE ACCOUNT
Premium notes loans or liens on hand De
cember 31 of previous year 5467 93
Premium notes loans or liens received dur
ing the year on new policies 6426717
on old policies 381366 68080 83
Total
Deductions during the year as follows
Amount of notes loans or liens used in pay
ment of losses and claims
Amount of nolesloans or liens used in pur
chase of surrendered policies
73548 76
154 37
722 32COMPTROLLERGENERALS REPORT
269
Amount of notes loans or liens voided by
lapse 1158 80
Amount of notes loans or liens redeemed by
maker in cash 433 19
2468
Balance note assets at end of the year
Business in Georgia During the Year
71080 08
No
Number and amount of policies on the lives of citizens of
Georgia in force December 31 of previous year1393 3629564
Number and amount of policies on the lives of citizens of
Georgia issued during the year 880 1704610
Total2273 5324174
Deduct number and amount which have ceased to be
in force during the year 727 1344887
Total number and amount of policies in force in
Georgia December 31 18971546 3989287
Amount of losses and claims on policies in Georgia un
paid December 31 of previous year 4 14000
Amount of losses and claims on policies in Georgia incurred
during the year 31 72970
Totali 35 86970
Amount of losses and claims on policies in Georgia paid
during the year 28 74450
What amount of premiums was collected or secured in said State during
the year in cash and notes or credits without any deduction for losses
dividends commissions or other expenses
Answer Cash 9292036 notes or credits 251177 total 9543213
BUSINESS IN GEOHGU POR YEAR ENDING APRIL 30 1898
Bisks 114720060
Premiums 103839 34
Losses 93020 00
Tax 1038 39
THE PRUDENTIAL INSURANCE COMPANY NEWARK N J
ICAPITAL STOCK
Amount of capital stock au
thorized 200000000 sub
scribed for 2000000 00
2 Amount of capital paid up in
cash 2000000 00
Amount of net ledger assets December 31
of previous year 18948240 36
Extended at 18948240 36270 COMPTROLLERGENERALS REPORT
IIINCOME DURING THE YEAR 1897
As Shown by the Books at the Home Office at Close of Business December 31
1 First years premiums ex
cept items 3 and 5 less in
terest included in deferred
premiums 1398253 and
296838 for first years re
insurance 2813317 35
2 Renewal premiums except
items 3 and 5 less interest
included in deferred pre
miums 1745974 and 3
08539 for renewal reinsur
ance 11210572 52
3 Dividends applied by policy
holders to pay running pre
miums renewals 508976
see item 9Disbursements 5089 76
4 Dividends applied by policy
holders to purchase paidup
additions and annuities see
item 10 Disbursements 10153 41
5 Surrender values applied to
pay running premiums first
years premiums 18235
renewals 39175 see item
12 Disbursements 574 10
6 Surrender values applied to
purchase paidup insurance
and annuities see item 13
Disbursements 510265 71
7 Consideration for annuities
other than matured in
stallment policies 1895 43
8 Total premium income 14551 868 S
9 Rents from companys prop
erty including 63000 for
companys use of own build
ings L88321 61
10 interest on loans on mort
gages of real estate 449304 16
11 Interest on collateral Loans
including premium notes
loans or liens 6104 28
12 Interest on bonds and divi
dends on stock 349664 43
13 Interest on other debts due
the company and on de
posits in banks 4033 62
COMPTROLLERGENERALS REPORT
257
14 Interest on deferred pre
miums 31442 27
Total rents and interest 1028870 37
17 From other sources viz Conscience fund 26 00
Total income during the year 15580764 65
Sum of both amounts 34529005 01
IIIDISBURSEMENTS DURIXG THE YEAR 1897
As Shown by the Books at the Home Office at Close of Business December 3i
1 For death claims 4238
93860 additions 108
01627 4346954 87
2 Matured endowments 15
225 additions 553 15778 00
3 Installment death claims 607 57
Total 4363340 44
4 Deduct amount received from
other companies for claims
on policies of this company
reinsured 500 00
5 Total net amount actually paid for
losses and matured endowments 4358340 44
6 Paid to annuitants 1923 50
7 Premium notes voided by lapse less 3
35368 restored by revival 27337 14
8 Dividends paid policyholders 67200 93
9 Dividends applied by policyholders to pay
runningpremiums see item 3 Income 5089 76
10 Dividends applied by policyholders to pur
chase paidup additions and annuities see
item 4 Income 10153 41
11 Surrender values paid less 28147 received
on surrender reinsurances 5890 85
12 Surrender values applied to pay running
premiums see item 5 Income 574 10
13 Surrender values applied to purchase paid
up insurance and annuities see item 6
Income 510265 71
Total paid policyholders 498677584
14 Paid stockholders for interest or dividends
amount declared during the year 200
00000 200000 00
15 Commissions and bonuses to agents less
commission received on reinsurances
new policies 147335003 renewal poli
cies 155751498 on annuities 4738 3030911 49
16 Commuting renewal commissions 1851 83
17 Salaries and allowances for agents includ
ing managers agents and clerks 1567605 59
18c272
COMPTROLLERGENERALS REPORT
18 Salaries and all other compensationoffi
cers and home office employees includ
ing fees to directors and committees and
expenses 566233 01
19 Medical examiners fees 24748475 in
spection of risks 1564194 263126 69
20 Taxes on premiums 14927772 on surplus
4031208 on municipal taxes and li
censes 2139080 210908 60
21 Taxes on real estate 37715 69
22 Insurance department fees and agents
licenses 5973 64
23 Repairs and expenses other than taxes on
real estate 80449 56
24 Rent including 63000 for companys use
of own buildings 119599 15
25 Advertising 16317552 nrinting and sta
tionery 5374010 postage and express
14528609 262201 81
26 Legal expenses 3034554 for furniture
etc 5436986 84715 40
27 Losses on sales of real estate 294973 on
sale or maturity of securities 231080 5260 53
28 All other items viz Law library 36775
appraising fees 93685 sundry general
expenses 2245143 sundry district ex
penses 962399 33380 02
Total miscellaneous expenses 647000491
Total disbursements 11456780 75
Balance 23072224 26
Invested in the following
IVLEDGER ASSETS
As per Ledger Accounts Shoton by tin Hunks at the Home Office at Close of
Business Dec mber 31
1 Book value of real estate unincumbered 3014644 97
2 Mortgage loans on real estate first liens 9614109 56
3 Loans secured by pledge of bonds stocks or
other collateral 220000 00
4 Loans made to policyholders on this com
panys policies assigned as collateral 115012 55
5 Premium notes on policies in force 40600 58
6 Book value bond excluding interest 9035 231 00
7 Cash in companys office 96 03353 depos
ited in bank 93659207 1032625 60
Total 23072224 26
Total net ledger assets as per balance
above 23072224 26
NonLn dger Assets
10 Interest due 8059518 and accrued 91
77580 on mortgages 172370 98COMPTROLLERGENERALS REPORT
273
11 Interest due 1000 and accrued 8907050
on bonds and stocks
12 Interest due and accrued 429879
on collateral loans
13 Interest due and accrued 106328
on premium notes loans or liens
15 Rentsdue 392920 and accrued 1000211
on companys property or lease
17 Market value not including interest in item
11 of bonds and stocks over book value
Industrial
Beanch
New Re
Business newals
18 Gross premiums not more than
three months due after period
of grace unreported on poli
cies outstanding December 31 2566 48 35426 77
19 Gross deferred premiums on pol
icies outstanding December 31
20 Total 2566 48
21 Deduct cost of collection
Ind Branch 100 per cent on
new SOpercenton re
newalsI 2566 48
Oid Branch 60 per cent on I
new 7 per cent on I
renewalsJ
90070 50
4298 79
1063 28
13931 31
134826 70
Ordinary
Branch
New Re
Business newals
98302 81 34106 68
257250 47 821223 97
281734 86
134826 70
35426 77 355552 78 355420 60
10628 03 213331 67 26656 55
22 Net amount of uneollected and
deferred premiums 84798 74 142221 11 328764 05
Other itemsStationery printed matter and supplies
899753 furniture fixtures and safes 2828394 law
library 1318813
23
495783 90
50469 60
50469 60
Gross assets 24035039 32
Deduct Items Not Admitted
2 Supplies printed matter stationery furniture fixtures
safes
Total admitted assets 23984569 72
VNONLEDGER LIABILITIES
As Shown by the Books at Home Office at Close of Business December 31
1 Net present value of all the outstanding
policies in force on the 31st day of De
cember 1897 as computed by the com
pany according to the Actuaries Table of
Mortality with four per cent interest
Same for revisionary addilions
Same for annual and weekly annuities
including those in reductionof pre
miums
16766061 00
17543 00
23413 00
Totai 16807017 00
Special reserve 1849656 00
Net reserve
3 Matured endowments due and unpaid
5 Death losses in process of adjustment or
adjusted and not due
18656673 00
200 00
13475 89274
COMPTROLLERGENERALS REPORT
6 Death losses which have been reported and
no proofs received 2000 00
7 Death losses and other policy claims resisted
by the company not yet outlawed 23247 50
Gross policy claims 38923 39
Net policy claims 38923 39
9 Unpaid dividends or other profits due policyholders in
cluding those contingent on payment of outstanding
and deferred premiums 33819 25
12 Premiums paid in advance 12560 42
Total 63584041 84
Liabilities on policyholders account 18744451 36
Gross divisible surplus 3240118 36
Capital stock paid up 2000000 00 5240118 36
Total 23984569 72
Business in Georgia during the said Year Ordinary
No Amount
Number and amount of policies on the lives of citizens of
said State issued during the year 153 451207
Deduct number and amount which have ceased to
be in force during the year 22 66000
Total number and amount of policies in force in
said State December 31 last 131 385207
What amount of premiums was collected or secured in said State during
the year in cash and notes or credits without any deductions for losses
dividends commissions or other expenses Answer Cash 1054981
BUSINESS IN GEORGIA FOR THE YEAR ENDING APRIL 30 1898
Risks1103511 00
Premiums 19474 86
Losses
Tax 194 74
ROYAL UNION MUTUAL LIFE INSURANCE CO DES MOINES IOWA
CAPITAL STOCK
Amount of net or ledger assets December
31 of previous year 164009 24
Extended at 164009 24
IIINCOME DURING YEAR 1897
1 Cash received for premiums
on new policies without de
ductions for commissions or
other expenses 41537 35
1J Cash received for renewal
premiums without deduc
tions Tor commissions or
other expenses 50754 66
COMPTROLLERGENERALS REPORT 275
2J Premium notes loans or
liens taken in part payment
for renewal premiums 4289 02
3 From dividends applied to
pay running premiums see
item 11 Disbursements 1495 17
Total 98076 20
6 Deduct amount of premiums
paid to other companies for
reinsurance on policies in
this company new business
84559 renewals 108438 1929 97
96146 23
8 Cash reTeived for interest on mortgage loans 9239 85
10 Cash received for interest on premium
866 48
11 Cash received for interest on other debts
787 47
19 From all other sources viz Guarantee
50000 00 157040 03

321049 27
IIIDISBURSEMENTS DURING YEAR 1897
1 Cash paid for death claims
including revisionary addi
tions 23459 75
5 Cash paid for sums falling
due during the year on in

Total 23959 75
Endowments 1725 00
7 Total net amount actually paid for
losses and matured endowments 22234 75
9 Premium notes loans or liens used in pur
chase of surrendered polices
267 90
10 Cash dividends paid policyholders 3168 57
11 Cash dividends applied to pay running pre
1495 17
13 Surrender values paid in cash 10028 16
Total paid policyholders 3719455
17 Cash paid for commissions and bonuses to
agents less commission on reinsurance
new policies 3955795 renewals 2
42505 02
18 Cash paid for salaries and allowances to
4005 19
19 Cash paid for medical examiners fees 3
81200 inspection of risks 28921 4101 21
276
COMPTROLLERGENERALS REPORT
20 Cash paid for salaries and all other compen
sation of officers and other home oflice
employees
21 Cash paid for taxes on new premiums
23 Cash paid for insurance department fees
and agents licenses
24 Cash paid for rent
25 Cash paid for commuting commissions
26 Cash paid for furniture fixtures and safes
for home and agency offices
27 Cash paid for advertising 123637 print
ing 171506
28 Cash paid for real estate expenses other
than taxes for legal expenses
29 Cash paid for the following items viz
Actuarial services 5324 postage
54494 loan expense 7002 collecting
expense 34088 managerial expense
346919 office expense 90867 tele
graphing 19687
Total miscellaneous expenses 578381
Total disbursements
2592 13 782 52
497 00 1903 67 750 00
219 99
2951 43
429 93
5783 81
7
9
10
11
13
14
17
Balance
Invested in the following
IVASSETS AS PER LEDGER ACCOUNTS
Loans on mortgage first liens on real estate
Loans made in cash to policyholders on this
companys policies assigned as collateral
Premium notes loans or liens on policies in
force of which 212971 was received
during the year
Cost value of bonds and stocks owned ex
cluding accrued interest at time of pur
chase
Cash in companys office
Bills receivable
Agents ledger balances of which 259133
was advanced during the year
Advances to agents secured
Loans on mortgages 2nd liens
Total net or ledger assets as per balance
above
169255 00
17124 32
2477 04
8500 00
2648 09
142 02
4333 54
884 51
1968 00
207332 52
Total net or ledger assets less depre
ciation
Other Assets
Interest due 127333 and accrued 351666
on mortgages
Interest due 16668 and accrued 29452
on premium notes loans or liens
Total carried out
4789 99
461 20
113716 75
207332 52
207332 52
Due from other companies for losses or claims on policies
of this company reinsured
5251 If
5000 00COMPTROLLERGENERALS REPORT
277
23
24
25
26
27
28
Gtors premiums due and unre
ported on polices in force
December 31 1897
Gross deferred premiums on
policies in force December
311897
Totals
Deducting loading 60 per cent
on new and 4 per cent
on renewals
New Business
11493 70
3900 60
15394 30
9236 58
Renewals
7900 55
6138 87
14039 42
561 57
6157 72
13447 85
Net amount of uncollected and
deferred premiums
Extended
Furniture fixtures and safes 255870 commuted com
missions 164500
19635 57
4203 70
Total assets as per the books of the company 241422 98
Items Not Admitted
Judgments furniture fixtures and
safes
Commuted commissions
Cash advanced to or in the hands of officers
or agents
Agents balances
Bills receivable
2558 70
1645 00
884 51
4333 54
142 02
Total
9563 77
Total assets less items not admitted 231859 21
VLIABILITIES
Net present value of all the outstanding poli
cies in force on the 31st day of December
1897 computed according to the Actuaries
Table of Mortality with four per cent in
terest
Deduct net value of risks of this company re
insured in other solvent companies
175925 67
578 54
Net reinsurance reserve
Premium notes or loans on policies and other
obligations in excess of the net value of
their policies
Claims for death losses and matured endow
ments in process of adjustment or adjusted
and not due
Claims for death looses and other policy
claims resisted by the company
Present value of unpaid amounts on matured
installment policies face 1000000
175347 13
867 25
5000 00
10000 00
5749 60
Total policy claims
21616 85278
COMPTROLLERGENERALS REPORT
16 Amount of any other liabilities of the company viz Pre
miums paid in advance 154 22
Surrender values claimable on canceled policies 229 11
17 Liabilities on policyholders account 197347 3l
18 Gross surplus on policyholders account 44075 67
19
Total liabilities
241322 98
VIPREMIUM NOTE ACCOUNT
Premium notes loans or liens on hand De
cember 31 of previous year 629 18
Premium notes loans or liens received dur
ing the year on old policies 4289 02
Total
Amount of notes loans or liens voided by
lapse 56 18
Amount of notes loans or liens used in pay
ment of dividends to policyholders 2414 98
Amount of notes loans or liens redeemed by
maker in cash
Balance note assets at end of the year
Business in Georgia during 1897
No
Number and amount of policies on the lives of citizens of
Georgia in force December 31 of previous year 329
umber and amount of policies on the lives of citizens of
Georgia issued during the year 82
Total 411
Deduct number and amount which have ceased to be
in force during the year 156
Total number and amount of policies in force in
Georgia December 31 1897
Amount of losses and claims on policies in Georgia un
paid December 31 of previous year 1
Amount of losses and claims on policies in Georgia in
curred during the year 2
Total 3
Amount of losses and claims on policies in Georgia paid
during the year 3
What amount of premiums was collected or secured in Georgia
during the year in cash and notes or credits without any
deduction for losses dividends commissions or other
expenses Answer Cash 330282
Risks
Premiums
Losses
Tax
948 20
2471 16
2477 04
Amount
650000 00
217500 00
867500 00
280000 00
587500 00
10000 00
3000 00
13000 00
13000 00
BUSINESS IN GEOBGIA FOR YEAR ENDING APRIL 30 1898
135000 00
3698 06
2000 00
36 98COMPTROLLERCxENERALS REPORT 279
THE SECURITY TRUST AND LIFE INSURANCE COMPANY PHILA
DELPHIA PA
ICAPITAL STOCK
1 Amount of capital stock paid
up in cash 350000 00
2 Amount of capital sub
scribed but unpaid 350000 00
Amount of net or ledger assets December
31 of previous year 317291 39
Extended 317291 39
IIINCOME DURING YEAR 1897
1 Cash received for premiums
on new policies without
deductions for commis
sions or other expenses 193273 70
lCash received for renewal
premiums without deduc
tions for commissions or
other expenses 145423 36
2 Premium notes loans or
liens taken in part pay
ment for premiums on
new policies 16072 41
Total 354769 47
7 Total premium income 354769 47
8 Cash received for interest on mortgage
loans 4815 30
9 Cash received for interest on bonds owned
and dividends on stock 3121 66
10 Cash received for interest on premium
notes loans or liens 292 05
11 Cash received for interest on other debts
due the company 2311 97
14 Cash received for profits on sales of bonds
or stocks 13750 137 50
19 From all other sources viz from insur
ance 5 J55
Total income 365453 30
Total 682744 69
IIIDISBTJBSEMENTS DURING YEAR 1S97
1 Cash paid for death claims
including revisionary ad
ditions 118929 90
Total 118929 90280
COMPTROLLERGENERALS REPORT
9 Premium notes loans or liens used in pur
chase of surrendered policies voided by
lapse 36745 367 45
Return premiums 1184 50
17 Cash paid for commissions and bonuses to
agents less commission on reinsur
ance new policies 13759518 re
newals 905670 146651 88
19 Cash paid for medical examiners fees
882235 inspection of risks 369577 12518 12
20 Cash paid for salaries and all other com
pensation of officers and other home
office employees 19729 82
21 Cash paid for taxes on new premiums 2
34937 2349 37
23 Cash paid for insurance department fees
and agents licenses 300421 3004 21
24 Cash paid for rent 3359 95
27 Cash paid for advertising 558786 print
ing 428193 postage 91311 10782 90
28 Cash paid for real estate expenses other
than taxes for legal expenses
136716 1367 16
29 Cash paid for the following items viz
loss on sale of investments 25000 250 00
Expenses 413459 expressage 28059
tax on capital stock 87500 5290 IS
Total miscellaneous expenses 20530359
30 Total disbursements
325785 44
31 Balance
Invested in the following
356959 25
IVASSETS AS 1EK LEDGES ACCOUNTS
2 Loans on mortgage first liens on real
estate 102000 00
3 Loans secured by pledge of bonds stocks
or other marketable collaterals 26600 00
4 Loans made in cash to policyholders on
other companys policies assigned as
collateral 42145 00
5 Premium notes loans or liens on policies in
force 21209 57
6 Cost value of bonds and stocks owned ex
cluding accrued interest at time of pur
chase 116800 30
7 Cash in companys office and deposited in
banks 48204 38
11 Total net or ledger assets as per bal
ance above 356959 25
13 Total net or ledger assets less depreciation 356959 25COMPTROLLERGENERALS REPORT
281
OTHER ASSETS
14 Interest due 24500 and accrued 159641
on mortgages 1841 41
15 Interest due and accrued 256241 on
bonds and stocks 2562 16
16 Interest due and accrued 32199 on col
lateral loans 321 99
Total carried out
21 Market value of bonds and stocks over cost
23 Gross premiums due and un
reported on policies in
force December 31 1897
24 Gross deferred premiums on
policies in force December
31 1897
New Busines Renewals
3500 00 30969 00
33057 00 21118 00
Totals 121557 00 52087 00
25 Deducting loading 60 per
cent on new and 6 per
cent on renewals 72934 00 3125 00
26 Net amount of uncollected
and deferred premiums
48623 00
48962 00
Extended
Assets trust department 32204083
28 Total assets as per the books of the company
VLIABILITIES
1 Net present value of all the outstanding pol
icies in force on the 31st day of December
1897 computed according to the Actua
ries Table of Mortality with three per
cent interest
176330 00
Net insurance reserve
3 Claims for death losses due and unpaid
5 Claims for death losses and matured en
dowments in process of adjustment or
adjusted and not due
6 Claims for death losses and other policy
claims resisted by the company
Death losses reported but no proofs received
2000 00
8000 00
6000 00
14000 00
Total policy claims
Liabilities trusl department 32204083
17 Liabilities on policyholdersaccount
4725 56
1474 70
97585 00
460744 51
176330 00
30000 00
206330 00
19
Total liabilities
556330 00282 COMPTROLLERGENERALS REPORT
Business in Georgia During 1897
No Amount
Number and amount of policies on the lives of citizens of
Georgia in force December 31 of previous year 31 97500
Number and amount of policies on the lives of citizens of
Georgia issued during the year 55 131645
Total 86 229145
Deduct number and amount which have ceased to be
in force during the year 37 96645
Total number and amount of policies in force in Geor
gia December 31 1897 49 232500
What amount of premiums was collected or secured in Georgia during the
year in cash and notes or credits without any deduction for losses
dividends commissions or other expenses
Answer Cash 500115 notes or credits 5370 total 505485
BUSINESS IN GEORGIA FOE YEAH ENDING APRIL 30 1898
Risks70000 00
Premiums 7750 95
Tax 77 51
THE TRAVELERS LIFE INSURANCE COMPANY OP GEORGIA
ICAPITAL
Amount of net or ledger assets December 31
of previous year 16907893 77
Extended at 16907893 77
IIINCOME DURING YEAR 1897
As shown by the Books at the Some Office at close of Business Dee SI
1 From premiums on new
policies without deduc
tions for commissions or
other expenses and ex
cluding revivals after first
year 373289 38
2 From renewal premiums
without deductions for
commissions or other ex
penses 2171595 12
5 Surrender values applied by
policyholders to pay run
ning premiums new poli
cies 215290 renewals
674999 8902 89
7 Consideration for annuities
other than matured in
stallment policies 3096 00
Total 2556883 39COMPTROLLERGENERALS REPORT
283
8 Deduct amount of premiums
paid to other companies
for reinsurance on poli
cies in this company new
business 1503566 re
newals 7835923 93394 89
9 Total premium income 2463488 50
10 From interest upon mort
gage loans 305127 63
11 From interest on bonds and
dividends on stocks 293445 33
12 From interest on premium
notes loans or liens 100705 25
13 From interest on other
debts due the company 34699 76
15 Rents from companys prop
erty including 1500000
for companys own occu
pancy 8611116
16 Total interest income 820089 13
Total income 3283577 63
Total 20191471 40
IIIDISBURSEMENTS DURING YEAR 1897
As shown by the Books at the Home Office at close of Business Dec SI
1 Paid for death claims 708
10133 708101 23
2 For matured endowments
11657200 116572 00
3 For claims on installment
policies 10328156 103281 56
Total 927954 79
4 Deduct amount received from
other companies for claims
on policies of this com
pany reinsured of which
nothing is for matured en
dowments 35338 00
5
Total net amount actually paid for
losses and matured endowments
6 Paid to annuitants
11 Surrender values paid in cash
12 Surrender values applied by policyhold
ers to pay running premiums
Total paid policyholders123412021
14 Cash paid stockholders for interest or
dividends
15 Cash paid for commissions and bonuses to
agents new policies 15485555 re
newal policies 11135916 on annui
ties 15480 266369 51
892616 79
15072 27
317528 26
8902 89
50000 00284
COMPTROLLERGENERALS REPORT
16 Cash paid for salaries and allowances for
agencies including managers agents
and clerks 45400 31
17 Cash paid for medical examiners fees 20948 90
18 Salaries and all other compensation of
officers 1950000 home office em
ployees 4560557 65105 57
19 Taxes on new premiums 374017 re
newal premiums 2241562 on re
serves 348000 on franchise 1
10000 30735 79
20 Cash paid for taxes on real estate 27825 98
21 Insurance department fees and agents
licenses 240295 municipal licenses
126360 3666 55
22 Rent including 1500000 for companys
own occupancy 17381 74
24 Cash paid for advertising 1290788 print
ing and stationery 502839 postage
606259 23998 86
25 Cash paid for legal expenses 1629695
for furniture etc 88105 17178 00
26 Cash paid for repairs and expenses
other than taxes on real estate 96064 27
21 Losses on sales of real estate 172340 on
securities 1264750 14370 90
28 All other items viz Traveling expenses
125004 exchange 609103 express
charges 51290 expense 2257842
profit and loss 10254693 132979 32
Total miscellaneous expenses 81202570
Total disbursements 2046145 91
Balance 18145325 49
Investedin the following
ivASSETS
As per Ledger Arcmats shown by the Books at the Home Offl e at Close of
Busirit ss Dec SI
1 Cost of real estate unincumbered 1
84152759 1841527 59
2 Mortgage loans on real estate first liens
590661072 5906610 72
3 Loans secured by pledge of bonds stocks
or other collaterals 945400 94
4 Loans made to policyholders on this com
panys policies assigned as collateral 1106580 51
6 Cost of bonds owned excluding interest
539045528 stocks 185720543 7247660 71
7 Cash in companys office 138330 de
posited in bank 109616172 1097545 02
Total net or ledger assets as per balance above 18145325 49COMPTROLLERGENERALS REPORT
285
Other Asgets
11 Interest due and accrued 9817500 on
mortgages 98175 00
12 Interest due and accrued 7095335 on
bonds and stocks 80953 35
13 Interest due and accrued 1354394 on
collateral loans 13543 94
Total outstanding interest carried out
17 Market value of real estate over cost
18 Market value not including interest see item 12 of
bonds and stocks over cost
20 Gross premiums due and un
reported on policies in
force December 31 1897
21 Gross deferred premiums on
policies in force December
31 1897
80562 22 193831 08
192672 29
192672 29
7538 30
61810 53
279994 11
22 Totals
23 Deduct cost of collection 45
per cent on new and
5 per cent on renewals
142372 75 473825 19
64067 74
23691 26
24 Net amount of uncollected
and deferred premiums
carried out
78305 01 450133 93 528438 94
25 Aggregate ledger and other assets December 31 19026912 74
LiAisnrrrES
5000 00
Reserve for indemnity contracts
1 Net present value of all the outstanding
policies in force on the 31st day of De
cember 1897 as computed by the com
pany according to the Actuaries Table
of Mortality with four per cent in
terest 16871756 00
Same for annuities including those
In reduction of premiums 114376 00
341070 00
Total 16991132 00
Deduct net value of risks of this com
pany reinsured in other solvent com
panies
Net reserve
2 Present value of amounts not yet due on matured poli
cies face 57228800
5 Claims for death losses due and unpaid 6430 00
6 Claims for matured endowments due and
unpaid
7 Claims for death losses in process of ad
justment or adjusted and not due
16650062 00
426288 00
5767 00
8500 00286 COMPTROLLERGENERALS REPORT
8 Claims for death losses which have been
reported and no proofs received 45930 40
9 Claims for death losses and other policy
claims resisted by the company not yet
outlawed 11000 00
Total policy claims 77627 40
14 Amount of premiums paid in advance 25330 58
15 Amount due and accrued on account of salaries rents
office expenses taxes bills accounts bonuses com
missions medical and legal fees 25000 00
19 Liabilities on policyholders account 17204307 95
21 Gross divisible surplus 1822604 76
Total 19026912 74
Business in Geary in during 1897
Number and amount of policies on the lives of citizens
of said State in force December 31 of previous
year 701 2971233 00
Number and amount of policies on the lives of citi
zens of said State issued during the year 286 1024245 00
Total 987 3995478 00
Deduct number and amount which have ceased
to be in force during the year 154 620112 00
Total number and amount of policies in
force in said State December 81 1897 833 3375366 00
Amount of losses and claims on policies in said State
unpaid December 31 of previous year 3 16500 00
Amount of losses and claims on policies in said State
incurred during the year 20 53113 50
Total 23 69613 50
Amount of losses and claims on policies in said State
settled during the year 23 69613 50
What amount of premiums was collected or secured in said State during
the year in cash and notes or credits without any deduction for
losses dividends commissions or other expenses Answer Cash
8696703
BUSINESS IN GEORGIA FOR YEAR ENDING APRIL 30 1898
Risks 910500 00
Premiums 101268 25
Losses 42000 00
Tax 1012 68COMPTROLLERGENERALS REPORT
287
TIE UNION CENTRAL LIFE INSURANCE COMPANY CINCINNATI
OHIO
ICAPITAL STOCK
1 Amount of capital stock paid up
in cash 100000 00
Amount of net ledger assets December 31
of previous year 15854856 22
Extended at 15854856 22
IIINCOME DURING YEAR 1897
I From premiums on new policies
without deductions for com
missions or other expenses7991136 79
1J From renewal premiums with
out deductions for commis
sions or other expenses2631113 59
3 From dividends applied to pay
running premiums see item
11 Disbursements 79775 80
3J From dividends applied to pur
chase paidup additions and
annuities see item 12 Dis
bursements 13102 12
4 Fromsurrender values applied to
pay running premiums see
item 14 Disbursements 2398 30
4J From surrender values applied
to purchase paidup insurance
and annuities see item 15
Disbursements 102930 05
I Consideration forannuities other
than matured installment pol
icies 9002 60
Total 3637459 25
6 Deduct amount of premiums paid
to other companies for rein
surance on policies in this
company new business 30
91638 renewals 3229537 03211 75
7 Total premium income 3574247 50
8 Cash received for interest on mortgage loans 94138 58
9 Cash received for interest on bonds owned
and dividends on stock 400 00
10 Cash received for interest on premium notes
loans nr liens 183232 92
13 Cash received for rents for use of companys
property including 5000 for companys
own occupancy 25490 55
Total income 4697509 57
Total 20552865 7
19c288
COMPTROLLERGENERALS REPORT
DISBURSEMENTS DURING YEAR 1897
1 Cash paid for death claims in
cluding revisionary additions 801502 66
2 Premium notes loans or liens
used in payment of the same 7175 02
3 Cash paid for matured endow
ments and additionsthereto 142485 66
4 Premium notes loans or liens
used in payment of same 1572 63
Total 952735 97
d Deduct amount received from
other companies for losses or
claims on policies of this com
pany reinsured of which
is for matured endow
ments 30000 00
7 Total net amount actually paid for
losses and matured endowments 922735 97
8 Cash paid to annuitants 2297 93
S Premium notes loans or liens used in pur
chase of surrendered policies 49783
voided by lapse 19020525 190703 08
9 Premium notes loans or liens used in pay
ment of dividends to policyholders 4136 39
10 Cash dividends paid policyholders 74053 80
11 Cash dividends applied to pay running pre
miums see item 3 Income 79775 80
12 Cash dividends applied to purchase paidup
additions and annuities see item 3
Income 13102 12
13 Surrender values paid in cash 100975 50
14 Surrender values applied to pay running pre
miums see item 4 Income 2398 30
15 Surrender values applied to purchase paidup
insurance and annuities see item 4J
Income 102930 05
16 Cash paid stockholders for interest or divi
dends 10000 00
17 Cash paid for commissions and bonuses to
agents less commission on reinsurance
new policies 37246176 renewals 160
57903 annuities 60013 539640 92
18 Cash paid for salaries and allowances to man
agers and agents 58557 76
19 Cash paid for medical examiners fees
inspection of risks 53995 50
20 Cash paid for salaries and all other compen
sation of officers and other home office em
ployees 97506 66
21 Cash paid for taxes on new premiums and
renewals 43981 18COMPTROLLERGENERALS REPORT
289
24
20
26
22 Cash paid for taxes on reserves 121876 on
investments 1488665 16105 41
23 Cash paid for insurance department fees and
agents licenses and municipal licenses 9012 01
Cash paid for rent including 5000 compa
nys occupancy less 5 received under
sublease 35220 41
Cash paid for commuting commissions 8472 86
Cash paid for furniture fixtures and safes for
home and agency offices 2966 38
27 Cash paid for advertising 635734 printing
and stationery 2289999 postage 7
74911 37006 44
28 Cash paid for real estate expenses other than
taxes 1400235 for legal expenses
1768229 31634 64
29 Cash paid for the following items viz Losses
on sale real estate 1169156 accounts
charged to profit and loss 5506534 66756 90
General expense 3783471 traveling ex
pense 1784601 loan expense 6139678 117077 50
Total miscellaneous expenses 112798464
30
Total disbursements
621093 64
31 Balance 17931272 13
Invested in the following
IVASSETS AS PEE LEDGER ACCOUNTS
1 Cost value of real estate exclusive of all in
cumbrances 627646 07
2 Loans on mortgage first liens on real estate 13455354 49
4 Loans made in cash to policyholders on this
companys policies assigned as collateral 1998996 39
5 Premium notes loans or liens on policies in
force 916650 67
6 Book value of bonds and stocks owned ex
cluding accrued interest at time of pur
chase 371734 37
7 Cash in companys office 9853 02
8 Cash deposited in banks 287084 94
9 Bills receivable 143882 48
10 Agentsledger balances 105069 70
Furniture 15000 00
11
13
Total net or ledger assets as per balance
above 17931272 13
Total net or ledger assets less depreciation 1731272 13
OTHER ASSETS
14 Interest due 7583679 and accrued 347
66694 on mortgages 423503 73
16 Interest due 426668 and accrued 73
67672 on collateral loans 77943 40290
COMPTROLLERGENERALS REPORT
17
19
20
21
23
24
25
26
28
2
3
5
7
Interest due and accrued on premium notes
loans or liens 25082 52
Rents due and accrued on companys prop
erty or lease 3001 39
Total carried out
Market value of real estate over book value
Market value of bonds and stocks overbook value
New Business Renewals
Gross premiums due and unre
ported on policies in force De
cember 31 1897 20953185 64269 29
Gross deferred premiums on pol
icies in force December 31
1897 17930 60 52585 26
529531 04
2533 91
2296 38
Totals 227462 45
Deducting loading 43 per cent
on new and 6 per cent on
renewals 97808 85
116854 55
7011 30
Net amount of uncollected and
deferred premiums 129653 60 109843 25
Total assets as per the books of the company
ITEMS NOT ADMITTED
Furniture fixtures and safes 15000 00
Commission payable to agents on premium
notes when paid 115933 19
Agentsbalances 105069 70
Bills receivable 143882 48
239496 85
18705130 31
Total
Total assets less items not admitted
VLIABILITIES
Net present value of all the outstanding poli
cies in force on the 31st day of December
1897 computed according to the Actuaries
Table of Mortality with 4 per cent interest
379885 37
18 325244 94
158226 68
6
7
10
16
Net reinsurance reserve
Claims for matured endowments due and
unpaid
Claims for death losses and matured endow
ments in process of adjustment or adjusted
and not due
Claims for death losses and other policy
claims resisted by the company
Amounts due on death losses which have
been reported and no proofs received net
15822668 00
100 00
8080 00
44988 00
23886 53
Total policy claims
Amount of all unpaid dividends of surplus or other de
scription of profits due policyholders
Amount of any other liability of the company viz Pre
miums paid in advance
77054 53
6797 69
71305 99COMPTROLLERGENERALS REPORT
291
17 Liabilities on policyholdersaccount 15977826 21
18 Gross surplus on policyholders account 2347418 73
19 Total liabilities 18325244 94
VIPREMIUM NOTE ACCOUNT
1 Premium notes loans or liens on hand Decem
ber 31 of previous year 855063 86
2 Premium notes loans or liens received during
the year on new policies 35186265 on
old policies120534724 1557209 89
Total 2412273 75
Deductions during the year as follows
Amount of notes loans or liens used in
payment of losses and claims 8747 35
Amount of notes loans or liens used in
purchase of surrendered policies 497 83
Amount of notes loans or liens voided by
lapse 190205 25
Amount of notes loans or liens used in
payment of dividends to policyholders 4136 39
Amount of notes loans or liens redeemed
by maker in cash 1292036 261495623 08
Balance note assets at end of the year 916650 67
Business in Georgia during 1897
No Amount
Number and amount of policies on the lives of citizens of
Georgia in force December 31 of previous year 818 1737348
Number and amount of policies on the lives of citizens of
Georgia issued during the year 417 890179
Total 1235 2627527
Deduct number and amount which have ceased to be in force
during the year 297 713250
Total number and amount of policies in force in
Georgia December 31 1897 938 1914277
Amount of losses and claims on policies in Georgia unpaid
December 31 of previous year 1 5000
Amount of losses and claims on policies in Georgia in
curred during the year 7 19 000
Total 8 24000 00
Amount of losses and claims on policies in Georgia during
the year 7 19000
What amount of premiums was collected or secured in Georgia during the
year in cash and notes or credits without any deduction for losses dividends
commissions or other expenses
Answer Total 6237004
BUSINESS IN GEORGIA FOR THE YEAR ENDING APRIL 30 1898
Risks 836646 00
Premiums 68269 28
Losses 13000 00
Tax 682 69292
COMPTROLLERGENERALS REPORT
THE UNITED STATES LIFE INSURANCE COMPANY OF NEW YORK
NEW YORK
ICAPITAL STOCK
1 Amountof capital stock author
ized 44000000 subscribed
for 440000 00
2 Amount of capital stock paid up
in cash 440000 00
Amount of net or ledger assets December 31
of previous year 7096110 35
Extendedjat 7096110 35
iiinc6me during the year 1897
As Shown by the Books at Home Office at Close of Business December 31
1 First years premiums except
items 3 and 5 less interest in
cluded in deferred premiums
none and 62556 for 1st years
reinsurance 206713 87
2 Renewal premiums except items
3 and 5 less interest included
in deferred premiums 7
79062 and 278851 for re
newalreinsurance 831409 16
5 Surrender values applied to pay
runningpremiums lstyear
premiums 28550 285 50
6 Surrender values applied to pur
chase paidup insurance and
annuities 77314 27
7 Consideration forjannuities oth
er than matured installment
policies 2334 00
Total premium income 1118056 SO
9 Rents from companys property
including none foruseof com
panys own buildings 12800 34
10 Interest on loans on mortgages
of real estate 225659 54
11 Interest on collateral loans in
cluding premium notes loans
or liens 28754 31
12 Interest on bonds and dividends
on stocks 74138 60
13 Interest on other debts due the
company and on deposits in
banks 2616 51
14 Discount on claims paid in ad
vance interest on de
ferred premiums 779062 7790 62
Total rents and interest 351769 9215
11
12
is
14
15
17
18
19
20
21
22
COMPTROLLERGENERALS REPORT 293
Profit on sales of real estate on sale or
maturity of securities 5901 59 01
Total income during the year 1469875 73
Sum of both amounts 8565986 08
IIIDISBURSEMENTS DURING THE YEAH 1897
4s Shown by the Books at Home Office at Close of Business December 31
For death claims 53804444
additions 775923 545803 67
Matured endowments 96101
additions 214949 98250 49
Total 614053 16
Deduct amount received from
other companies for claims on
policies of this company re
insured of which none is for
matured endowments 7000 00
Total net amount actually paid for losses
and matured endowments 037054 16
Paid to annuitants 330 8
Premium notes voided by lapse less 168179
restored by revival 20138 l
Dividends paid policyholders less re
ceived for dividends on reinsurances 70296 59
Surrender values paid less received on
surrendered reinsurances 92482 24
Surrender values applied to pay running pre
miums 28 59
Surrender values applied to purchase paidup
insurance and annuities 77314 27
Total paid policyholders 90087880
Paid stockholders for interest 30800 0
Commissions and bonuses to agents less com
mission on reinsurance new policies 86
45019 renewals 6365331 on annuities
17505 15027S 55
Salaries and allowances for agencies including
managers agents and clerks 75811 47
Salaries and all other compensation officers
33000 home office employees 2783503 00815 01
Medical examiners fees 16858 00
Taxes on new premiums 105282 renewal
premiums 574425 on franchise 10 on
reserves 131263 municipal licenses
61771 8717 4
Taxes on real estate 019321 on other in
vestments 18141 37l i
Insurance department fees and agents li
5 916 45
censes udju294 COMPTROLLERGENERALS REPORT
23 Repairs and expenses other than taxes on
real estate 11 022 66
24 Rent including none for companys use of
own buildings less received under
sublease 24 682 24
25 Advertising 1851940 printing and station
ery 725633 postage exchange express
etc 827648 34652 21
26 Legal expenses 8707 32
27 Losses on sales of real estate on sale or
maturity of securities 3332 33
2S All other items viz Directorsfees 5830
profit and loss account ledger balances
1334276 miscellaneous expenses 12
29235 traveling expenses 98291 32448 02
Total miscellaneous expenses 46985631
Total disbursements 1 370735 11
Balance 7195250 97
Invested in the following
IVLEDGER ASSETS
As per Ledger Accounts Shown by the Books at Home Office at Close of Business
December 31
1 Book value of real estate unincumbered
43587228 incumbered 435872 28
2 Mortgage loans on real estate first liens 4654808 80
3 Loans secured by pledge of bonds stocks or
other collaterals 9345 58
4 Loans made to policyholders on this compa
nys policies assigned as collateral 404 856 59
5 Premium notes on policies in force of which
9132 is for first years premiums included
in item 4
5 Book value bonds excluding interest 1603409 81
7 Cash in companys office 115051 deposited
in bank N Y State Banking Co Syra
cuse N Y 500 Importers and Traders
National Bank New York 5939073 61041 24
8 Bills receivable 4390 agents debit balances
2152667 secured 25916 67
Total net or ledger assets as per balance
abve 7195250 97
NONLEDGER ASSETS
10 Interest due 2225 and accrued 44463 60
on mortgages 46688 60
11 Interest due and accrued on bonds and
stocks 22 090 02
12 Interest due and accrued 15600 on col
lateral loans lag 00COMPTROLLERGENERALS REPORT
295
13 Interest due 467416 and accrued 1171173
on premium notes loans or liens
14 Interest due and accrued 93163 on
other assets
16 Market value of real estate over book value
17 Market value not including interest in item
11 of bonds and stocks over book value
18 Gross premiums not more than
three months due after period
of grace unreported on poli
cies outstanding Dec 31st
19 Gross deferred premiums on pol
icies outstanding Dec 31st
New Busines
18 50
16385 89
931 63 86252 14
52327 72
98991 52 151319 24
Renewals
37364 64 99866 62
52213 17
20 Totals 37383 14 182079 79
21 Deduct cost of collection 50 per
cent on new and 6 per
cent on renewals 18691 57 10493 17
22 Net amount of uncollected and
deferred premiums 18691 57 171586 62 190278 19
Gross assets 76 3100 54
VXOX LEDGER LIABILITIES
As Shown by the Books at Home Office at Close of Business December 31
1 Net present value of all outstanding policies
in force on the 31st day of December 1897
computed according to the Actuaries Table
of mortality with four per cent interest 670340 00
Same for revisionary additions 125807 00
Same for annuities including those in reduc
tion of premiums 20545 00
Total 6849755 00
Deduct net value of risks of this company re
insured in other solvent companies 46666 00
Net reserve 6803089 00
3 Matured endowments due and unpaid 2127 00
5 Death losses in process of adjustment or ad
justed and not due 11853 33
6 Death losses which have been reported and
no proofs received 44005 00
7 Death losses and other policy claims resisted
by the company not yet outlawed 28000 00
Gross policy claims
85985 33
Net policy claims
11 Salaries rents expenses taxes bills accounts bonuses
commissions medical and legal fees etc due or accrued
85985 33
4254 29296
COMPTROLLERGENERALS REPORT
12 Premiums paid in advance 3833 94
13 Surrender values claimable on policies canceled whose re
serves are not included in item 1 3430 50
Liabilities on policyholders account 6000593 06
Gross divisible surplus 282507 48
Capital stock paid up 440000 00 722057 48
Total 7623100 54
VIPREMIUM NOTE ACCOUXT
1 Premium notes loans or liens on hand Decem
ber 31 of previous year 381131 00
2 Premium notes loans or liens received during
the year on new policies 9123 on old
policies 14545303 1545S5 03
3 Premium notes loans or liens resored by re
vival of policies 168179
Total 537379 82
Deductions during the year as follows
Amount of notes loans or liens used in pay
ment of loans and claims 32054 24
Amount of notes loans or liens used in pur
chase of surrendered policies 26401 23
Amount of notes loans or liens voided by lapse 21819 94
Amount of notes loans or liens redeemed by
maker in cash 52265 82
Total reduction of premium note account 132541 23
Balance note assets at end of the year 404856 59
Business in Georgia During 1897
No Amount
Number and amount of policies on the lives of citizens of
Georgia in force December 31 of previous year 303 788435 00
Number and amount of policies on the lives of citizens of
Georgia issued during the year 58 17800 0
Total 361 96643j 00
Deduct number and amount which have ceased to be in
force during the year 64 153000 00
Total number and amount of policies in force in
Georgia December 31 1897 425 813435 00
Amount of losses and claims on policies in Georgia un
paid December 31 of previous year 1 10000 00
A mount of losses and claims on policies in Georgia in
curred during the year 2 3000 00
Total 3 13000 00
Amount of losses and claims on policies in Georgia paid
during the year claim of 10000 compromised for
fo000 3 8001 00
Amount of premiums collected or secured in Georgia
during the year in cash and notes or credits with
out any deduction for losse dividends commis
sions or other expenses Cash 2472740COMPTROLLERGENERALS REPORT 297
BUSINESS IN GEORGIA DURING THE YEAR ENDING APRIL 30 1898
Risks written during the year 247500 00
Premiums 2430 10
Losses 1000 00
Tax 243 75
THE WASHINGTON LIFE INSURANCE COMPANY NEAV YORK
NEW YORK
ICAPITAL STOCK
I Amount of capital stock paid
up in cash 125000 CO
Amount of net or ledger assets December 31
of previous year 13522883 20
Extended at 13522883 20
IIINCOME DURING YEAR 1897
1 Cash received for premiums on
new policies without deduc
tions for commissions or other
expenses 197194 21
Cash received for renewal pre
miums without deductions
for commissions or other ex
penses1493170 20
3 From dividends applied to pay
running premiums see item
11 Disbursements 80221 22
3 From dividends applied to pur
chase paidup additions and
annuities see item 12 Dis
bursements 101508 00
41i2 From surrender values applied
to purchase paidup insurance
and annuities see item 15
Disbursements 114032 61
5 Consideration for annuities
other than matured install
ment policies 17796 45
Total2003922 69
7 Total premium income 2003922 69
8 Cash received for interest on mortgage loans 489091 04
9 Cash received for interest on bonds owned
and dividends on stock 50660 50
10 Cash received for interest on collateral
loans 4641002
II Cash received for interest on other debts
due the company 18376 32
12 Cash received as discount on claims paid in
advance 3496 53298
COMPTROLLERGENERALS REPORT
13 Cash received for rents for use of companys
property including for companys
own occupancy
14 Cash received for profits on sales of bonds
or stocks real estate 160057
all other
19 From all other sources viz Interest
charged to office building account
Total income
20688 62
1600 57
79914 12
1
2714161 12
Total 16237044 32
IIIDISBURSEMENTS DURING YEAR 1897
Cash paid for death claims in
760918 48
eluding revisionary additions
3 Cash paid for matured and dis
counted endowments and ad
ditions thereto
332717 88
21
22
2
21
Total1093636 36
Total net amount actually paid for losses
and matured and discounted endowments
Cash paid to annuitants
14 Return premiums
Cash dividends applied to pay running pre
miums see item 3 Income
Cash dividends applied to purchase paidup
additions and annuities see item In
come
Surrender values paid in cash
Surrender values applied to purchase paid
up insurance and annuities see item 41
Income
Total paid policyholders 152487161
Cash paid stockholders for interest or divi
dends
Cash paid for commissions and bonuses to
agents less commission on reinsurance
New policies 10248786 renewals 90
71705
Cash paid for salaries and allowances to
managers and agents
Cash paid for medical examiners fees
2825945 inspection of risks
Cash paid forsalaries andall other compen
sation of officers and other home office
employees
Cash paid for taxes on premiums
Cash paid for taxes on reserves
Cash paid for insurance depart ment fees and
agents licenses 210438 municipal li
censes 638538
ash paid for rent
Cash paid for advertising 981454 print
ing 1174027 ex and postage 1147584
1093636 36
18169 21
3963 77
80221 22
101508 00
113243 44
114032 61
8750 0
193204 91
155288 69
28259 45
97887 46
14783 09
2751 79
8489 76
10500 CO
33030 65COMPTROLLERGENERALS REPORT
299
29
Cash paid for the following items viz Of
fice expenses 3892949 interest 44
47059
Profit and loss
Total miscel expenses 64364202
83400 08
7293 14
30
31
7
8
10
11
Total disbursements 2168513 63
Balance 14068530 69
Invested in the following
IVASSETS AS PER LEDGER ACCOUNTS
Cost value of real estate exclusive of all in
cumbrances 2354050 22
Loans on mortgage first liens on real estate 8645615 38
Loans secured by pledge of bonds stocks
or other marketable collaterals 246000 00
Loans made in cash to policyholders on
this companys policies assigned as col
lateral 838503 87
Cost value of bonds and stocks owned ex
cluding accrued interest at time of pur
chase 1599948 96
Cash in companys office 22753 74
Cash deposited in banks 336468 77
Agents ledger balances 25189 75
Total net or ledger assets as per balance
above 14068530 69
13
14
15
16
21
23
24
25
26
Total net or ledger assets less depreciation
OTHER ASSETS
Interest due 3161455 and accrued 80
50905 on mortgages 112123 60
Interest due and accrued 798333
on bonds and stocks 7983 33
Interest due 676977 and accrued 11
68852 on collateral loans 18458 29
14068530 69
Total carried out
Market value of bonds and stocks over cost
138565 22
49882 62
Gross premiums due and unre
ported on policies in force De
cember 311897
Gross deferred premiums on pol
icies in force December 311897
New Business Renewals
51835 07 73525 14
29145 84 170770 08
Totals
Deducting loading 52 per
cent on new and 6 per
cent on renewals
80980 91 244295 22
41786 15 14169 12
Net amount of uncollected and
deferred premiums 39194 76 230126 10
Extended
269320 86
Total assets as per the bocks of the company 14526299 9300 COMPTROLLERGENERALS REPORT
VLIABILITIES
1 Net present value of all the outstanding
policies in force on the 31st day of De
cember 1897 computed according to the
Actuaries Table of Mortality with four
per cent interest 13842448 00
Net reinsurance reserved 13842448 20
3 Claims for death losses due and unpaid 1578 00
4 Claims for matured endowments due and
unpaid 7511 84
5 Claims for death losses not due 21636 30
6 Claims for death losses reported no proofs
received 51817 80
Total policy claims 82543 94
13 Amount due on account of rents 1750 00
16 Amount of any other liability of the company viz Pre
miums paid in advance 10633 99
17 Liabilities on policyholders account 13937375 93
18 Net surplus on policyholders account 588923 46
19 Total liabilities 14526299 39
Business in Georgia During 1897
Number and amount of policies on the lives of citizens of
Georgia in force December 31 of previous year 578 976314
Number and amount of policies on the lives of citizens of
Georgia issued during the year 122 183 079
Total 700 1159393
Deduct number and amount which have ceased to be in
force during the year 123 210097
Total number and amount of policies in force in Georgia
December 31 1897 577 949 296
Amount of losses and claims on policies in Georgia incurred
during the year 10 27721
Total 10 27721
Amount of losses and claims on policies in Georgia paid dur
ing the year 10 27721
What amount of premiums was collected or secured in Georgia during the
year in cash and notes or credits without any deduction for losses divi
dends commissions or other expenses
Answer Cash 3204886
BUSINESS IN GEORGIA FOR YEAR ENDING APRIL 30 1898
Risk8 101453 00
Premium8 30725 60
ifsses 16071 00
Tax 307 25COMPTROLLERGENERALS REPORT 301
THE AMERICAN MUTUAL INDEMNITY COMPANY SCRANTON PA
IIINCOME DURING YEAR 1897
Cross amount paid by members to the association or its
agents without deductions for commissions or other
expenses as follows
1 Membership fees 16787 12
Total paid by members 16787 12
7 Cash received from all other sources viz
Secured by the directors and deposited in
the Traders National Bank of Scranton
pa 7500 00
Total income 24287 12
Total 24287 12
IIIDISBURSEMENTS DURING YEAR 1897
1 Losses and claims 53 91
2 Annual payments and assessments returned
to members 20 30
Total paid to members 74 21
3 Commissions and fees retained by or paid
to agents 2186 75
7 Salaries and other compensation of officers
and other office employees 1625 16
8 Rent 250 00
10 Advertising and blanks and printing 1424 61
11 All other items viz Legal expenses
35200 traveling expenses 8952 gen
eral expenses 65693 furniture and
fixtures 52750 postage 25900 in
spection 6219 total 1947 14
Total expenses footings of items 3 to 11
750787
Total disbursements 7507 87
Balance 16779 25
IVINVESTED ASSETS
7 Cash deposited in banks on reserved fund
account Traders National Bank 1946 09
All other deposits 3544 43
Total 549052
Total net or ledger assets less depreciation 5490 52
VCONTINGENT ASSETS
19 Annual payments or premiums due and
unpaid on memberships in force 11288 73
21 Total due from members 11288 73
22 Deduct estimated cost of collection 3386 62
23 Net amount due from members 7902 11
Total assets 13392 63302
COMPTROLLERGENERALS REPORT
VIIEXHIBIT OF CERTIFICATES OR POLICIESNUMBER AND AMOUNT
No Amount
Policies or certificates written during the year 1897 139 1069000 00
Total 139 1069000 00
Deduct number and amount which have ceased to be
in force during 1897 16 155000 00
Total policies or certificates in force December
81 1897 123 914000 CO
Losses and claims on policies or certificates incurred
during the year 1897 1 53 91
Total 1 53 91
Losses and claims on policies or certificates paid during
the year 1897 1 53 91
ATLANTA MUTUAL LIFE INSURANCE COMPANY ATLANTA GA
IBALANCE SHEET
Amount of net or ledger assets December 31st of previous
year
IIINCOME DURING YEAR 1897
Gross amount paid by members to the Asso
ciation or its agents without deductions for
commissions or other expenses as follows
1 Membership fees 481 50
2 Annual dues 12 195 19
4 For medical examiners fees 132 00
283675 50
Total paid by members
7 Cash received from all other sources
12808 69
1505 50
Total income 14 g jn
Total 297989 69
IIIDISBURSEMENTS DURING YEAR 1897
1 Losses and claims derailed schedule filed
3 Commissions and fees retained by or paid to
agents
4 Commissions and fees retained by or paid to of
ficers and directors
5 Salaries and traveling expenses of managers of
agencies and general special and local agents
6 Medical examiners fees whether paid direct
by members or otherwise
7 Salaries and other compensation of officers and
other office employees
8 Rents 730 taxes 18217
9 Advanced to officers and agents to be repaid out
of future salaries or commissions
10 Advertising 18159 blanks and printing 64022
4494 38
1796 32
667 76
318 25
161 50
2750 87
912 17
650 30
821 81
COMPTROLLERGENERALS REPORT
30a
11 All other items viz Furniture 40319 office
supplies 19041 interest 3334 postage
12458 751 52
Incidentals exp exch coll disc etc 457 42
Guarantee contracts Bay State Beneficiary As
sociation canceled 270000 00
Total expenses footings of items 3 to 11 27937292
Total disbursements
Balance
IV
283812 30
14177 39
INVESTED ASSETS
6 Cash in office
7 Cash deposited in banks on reserved fund ac
count Lowery Banking Co
Security account
66 69
8 00
643 01
Total
8 Agents ledger balances
9 All other ledger assets viz Notes etc
Furniture
987 40
720 02
1300 00
Total net or ledger assets as per balance above
Total net or ledger assets
VCONTINGENT ASSETS
12 Interest due 600 00
17 Mortuary assessments due and unpaid on mem
berships in force 1763 47
18 Mortuary assessments not yet due 12194 19
13957 66
590 39
717 70
3007 42
3725 12
Total due from members
24 All other assets viz States Savings Bank
Total 1M48 05
Total assets 18873 17
VILIABILITIES
2 Losses in process of adjustment or adjusted and
not due number of claims 3 in process of
settlement 2195 00
4 Losses resisted by the company number of
claims1 500000
6 For salaries rents and office expenses 42 50
Total liabilities 7237 50
vnEXHIBIT OF CERTIFICATES OR POLICI R8 NUMBER AND AMOUNT
Policies or certificates in force December 31 1896
Policies or certificates written during the yea r 1897 274
Total Business of 189T
Number Amount
853 1038000 00
847500 00
Total
Deduct number and amount which have ceased to in in
force during 1897
Total policies or certificates in force December 31
1897
20c
1127 1385500 00
505 668750 00
622
716750 CO304
COMPTROLLERGENERALS REPORT
Losses and claims on policies or certificates unpaid De
cember 31 1897 4
Losses and claims on policies or certificates incurred du
ring the year 1897 152
Total 156
Losses and claims on policies or certificates paid during
the year 1897 152
Business in Georgia
Number
Policies or certificates in force December 31 1896 810
Policies or certificates written during the year 1897 254
Total1064 1
Deduct number and amount which have ceased to be in
force during 1897 469
Total policies in force December 31 1897 595
Losses and claims on policies or certificates unpaid De
cember 311897 4
Losses and claims on policies incurred during the year
1897 138
Total 142
Losses and claims on policies or certificates incurred du
ring the year 1897 138
BUSINESS IN GEORGIA FOR YEAR ENDING APRIL 30 1898
Risks
Premiums
Losses
Tax
7195 00
4494 38
11689 38
4494 38
during 1897
Amount
842000 CO
325500 00
167500 00
621250 00
546250 00
7195 00
4175 06
11370 06
4175 06
235000 00
4995 25
2884 49
49 95
THE BANKERS GUARANTEE FUND LIFE ASSOCIATION
ATLANTA GA
IBALANCE SHEET
Amount of net or ledger assets December 31st of previous
year 54412 89
IIINCOME DURING YEAR 1897
Gross amount paid by members to the asso
ciation or its agents without deductions
for commissions or other expenses as
follows
1 Membership fees 12187 00
2 Annual dues 29593 97
3 Assessments 19263 36
Total paid by members
5 Interest
7 Cash received from all other sources viz
Commission paid in office
Guarantee notes
Total income
Total
61044 33
621 26
169 47
11410 51
73245 57
127058 46COMPTROLLERGENERALS REPORT
9
10
11
18
20
21
IIIDISBURSEMENTS DURING THE YEAR 1897
Losses and claims 28000 00
Annual payments and assessments returned
to members guarantee deposit returned 346 50
Total paid to members 28346 50
Commissions and fees retained by or paid
to agents 12009 51
Salaries and traveling expenses of managers
of agencies and general special and local
agents 1935 29
Medical examiners fees whether paid
direct by members or otherwise 1504 55
Salaries and other compensation of officers
and other office employees 7313 30
Rent 71534 taxes 67578 139112
Advanced to agents to be repaid out of
future salaries or commissions 1930 02
Advertising 90581 blanks and printing
110977 2015 58
All other items viz Postage 129100
sundry expenses 50118 collecting
43444 2226 71
License 58652 attorneys fees 20000
insurance 2000 806 52
Total expenses footings of items 3 to 11
3078610
Total disbursements 59479 10
Balance 68179 36
IVINVESTED ASSETS
Cost value of bonds and stocks owned
absolutely 17115 00
Cash in office 768 14
Cash deposited in banks on reserved fund
account Exchange Bank Atlanta 6000 00
All other deposits Bank Depositories 5926 73
Agents ledger balances 5813 50
All other ledger assets viz Fixtures 753 28
Guarantee notes 31802 71
Total net or ledger assets less depreciation 68179 36
VCONTINGENT ASSETS
Mortuary assessments not yet due 4606 14
Annual payments or premiums in process
of collection not yet due 6435 00
Total due from members
Total assets
VILIABILITIES
Losses in process of adjustment or adjusted and not due
number of claims 2
Total liabilities 4000 00
11041 14
79220 50
4000 00306 COMPTROLLERGENERALS REPORT
VIIEXHIBIT OF CERTIFICATES OR POLICIESNUMBER AND AMOUNT
Total Business of 1897
Number Amount
Policies or certificates in force December 31 1896 1966 3932000 00
Policies or certificates written during the year 1897 619 1367000 00
Total 2585 5299000 00
Deduct number and amount which have ceased to be
in force during 1897 471 1C61500 00
Total policies or certificates in force December
311897 2114 4237500 00
Losses and claims on policies or certificates unpaid De
cember 31 1896 3 6000 00
Losses and claims on policies or certificates incurred
during the year 1897 13 26000 00
Total 16 32000 00
Losses and claims on policies or certificates paid during
the year 1807 14 28000 00
Business in Georgia During 1S97
Number Amount
Policies or certificates in force December 31 1896 1556 3112000 00
Policies or certificates written during the year 1897 451 902000 00
Total 2007 4014000 00
Deduct number and amount which have ceased to be
in force during 1897 380 860500 00
Total policies in force December 311897 1627 3153500 00
Losses and claims on policies or certificates unpaid De
cember 31 1896 3 6000 00
Losses and claims on policies or certificates incurred
during the year 1897 8 16000 00
Losses and claims on policies or certificates paid during the
year 1897 10 20000 90
Total 11 2000 00
BUSINESS IN GEORGIA FOR YEAR ENDING APRIL 30 1898
Bisks 895000 00
Premiums 42902 31
Losses 2100 00
Tax 429 02
BANKERS LIFE INSURANCE COMPANY NEW YORK N Y
IBALANCE SHEET
Amount of net or ledger assets December 31 of previous
year L61621 75
IIINCOME DURING YEAR 1897
3 Assessments 210869 70
Total paid by members 210869 70COMPTROLLERGENERALS REPORT 307
5 Interest 2620 13
7 Cash received from all other sources viz
Contributions to permanent fund 5000
contributions to assessment fund 5000 100 00
Total income 216589 83
Total 37821158
IIIDISBURSEMENTS DURING YEAR 1897
1 Losses and claims 10240880 expenses
defending unaudited claims 91015 103318 95
Disability benefit payments 1566 00
2 Advance payments applied 69100 Divi
dends to members 42028 special relief
payments 72400 1835 28
Total paid to members 106720 23
3 Commissions and fees retained by or paid
to agents 37754 78
5 Salaries and traveling expenses of managers
of agencies and general special and local
agents 2616 60
6 Medical examiners fees whether paid di
rect by members or otherwise 7087 84
7 Salaries and other compensation of officers
and other office employees 12235 28
8 Rent 528789 taxes 101716 6305 05
10 Advertising 3841 68
11 All other items viz Legal expenses 1650 00
Postage 991 08
General office expenses stationery and sun
dries 5075 78
Total expenses footings of items 3 to 11
7755609
Total disbursements 184276 32
Balance 193935 26
IVINVESTED ASSETS
2 Loans on bond and mortgage first liens on
real estate 78000 00
5 Cost value of bonds and stocks owned ab
solutely 63552 77
6 Cash in office 1295 94
7 Cash deposited in banks on reserve fund ac
count Bowery Savings Bank 300000
Seamans Savings Bank 300000 State
Trust Co 644102 Union Trust Co
399852 16439 54
All other deposits Bank of New York 22
04886 Mer Nat Bank of Chicago 1
22314 Farmers Loan and Trust Co of
New York 208129 25353 29
8 Agents Ledger balances 6202 H308 COMPTROLLERGENERALS REPORT
9 All other ledger assets viz Deposit with
Missouri Ins Dept 1000 00
Furniture and fixtures 2091 12
10 Total net or ledger assets 193935 26
11 Furniture and fixtures 209112 Agents
balances unsecured by bond 170935
Deduct assets not admitted 3800 47
Total net or ledger assets less depreciation 190134 79
VCONTINGENT ASSETS
12 Interest accrued 1891 75
15 Market value of bonds and stocks over cost 1159 73
16 Due from members for claims not yet as
sessed 1029 00
17 Mortuary assessments due on last call
made within sixty days 16490 11
23 Net amountdue from members 17519 11
TotaFassets 210705 3 8
VILIABILITIES
2 Losses in process of adjustment or adjusted and not due
number of claims 4 4072 00
6 For salaries rents and office expenses bonuses commis
sions due or accrued 15013 14
9 Amount of all other liability viz Disability Trust Fund
account 1705 00
Advanced payments 352 00
Excess over companys whole life rates on limited pay
ment policies 4234 23
Total liabilities 25376 37
VIIEXHIBIT OP CERTIFICATES OR POLICIESNUMBER AVI AMOUNT
Total Business of 1897
Number Amount
Policies or certificates in force December 31 1896 3371 9644904 00
Policies or certificates written during the year 1897 1248 3873000 00
Total 4619 13517904 00
Deduct number and amount which have ceased to be in
force during 1897 780 2743863 00
Total policies or certificates in force December
311897 3839 1077404100
Losses and claims on policies or cert ificates unpaid De
cember 31 1896 2 6052 00
Losses and claims on policies or certificates incurred
during the year 1898 46 106307 00
Total 48 112359 00
Losses and claims on policies or certificates paid during
the year 1897 44 104287 00COMPTROLLERGENERALS REPORT 309
Business in Georgia During 1897
Number Amount
Policies or certificates in force December 31 1896 Ill 233000 00
Policies or certificates written during the year 1897 60 93500 00
Total 171 326500 00
Deduct number and amount which have ceased to be in
force during 1897 63 105000 00
Total policies in force December 31 1897 108 221500 00
BUSINESS IX GEORGIA FOR YEAR ENDING APRIL 30 1898
Risks written during the year 66500 00
Premiums 3832 41
Tax 38 32
BOSTON MUTUAL LIFE ASSOCIATION BOSTON MASS
46639 23
IBALANCK SHEET
Amount of net or ledger assets December 31 of previous year
IIINCOME DURING YEAR 1897
Gross amount paid bv members to the association or its agent
without deductions for commissions or other expenses as
follows
2 Annual dues 4345 00
3 Assessments 50818 49
Total paid by members 54663 49
5 Interest 650 14
7 Gash received from all other sources viz
Registered letter fees 119 50 taxes and
fees returned 5000 total 169 50
Total income
Total
IIIDISBURSEMENTS DURING YEAR 1897
Losses and claims
Surrendered values
Total paid to members
3 Commissions and fees retained by or paid to
agents
6 vledical examiners fees whether paid direct
by members or otherwise
7 Salaries and other compensation of officers
and other office employees
8 Rent 160267 taxes 1021 commuted
commissions
10 Advertising 55920 blanks and printing
78880
22694 00
54 28
22748 28
6883 1 1
897 00
2875 14
1612 88
1348 00
55183 13
102122 3310
COMPTROLLERGENERALS REPORT
11 All other items viz Legal expenses
65872 insurance department fees and
licenses 10925 postage 40969 sun
dries 168298 total
Total expenses footings of items 3 to
11 1746677
Total disbursements
Balance
3850 64
40 215 05
61907 31
IVINVESTED ASSETS
5 Cost value of bonds and stocks owned abso
lutely 40685 00
6 Cash in office 3381 09
7 Cash deposited in banks on reserved fund
account International Trust Company
808751 Market National Bank 8753
71 total 16841 22
All other deposits On deposit with Missouri
Insurance department 1000 00
10 Total net or ledger assets 61907 31
Total net or ledger assets less depreciation
61907 31
V CONTINGENT ASSETS
12 Interest due and accrued 191999
15 Market value of bonds and stocks
18 Mortuary assessments not yet due
21 Total due from members
23 Net amount due from members
3989 59
3989 59
1919 99
305 00
3 989 59
Total assets
68121 89
VILIABILITIES
2 Losses in process of adjustment or adjusted and not due
number of claims 6 10500 00
4 Losses resisted by the company number of claims 3 7500 00
9 Amount of all other liability viz Advance assessments 219 69
Total liabilities 18219 69
VIIEXHIBIT OP CERTIFICATES OB POLICIESAMOUNT AND NUMBER
Total Business i f 1897
Number Auvamt
Policies or certificates in force December 31 1896 1579 3545450 00
Policies or certificates restored during the year 1897 7 11500 00
Policies or certificates written during the year 1897 425 589500 00
Total 2011
Deduct number and amount which have ceased to be in
force during 1897 354
4146450 00
597700 00
Total policies orcertificates in force December 311897 1657 3548750 00COMPTROLLERGENERALS REPORT 311
Losses and claims on policies or certificates unpaid De
icofl 4 8500 00
cember 31 189b
Losses and claims on policies or certificates incurred
during the year 1897 40500
Total K0i0
Saved bv compromise 580600 on 5000 03 disability
i n nn HA 8306 00
claim 2o0000
Losses and claims on policies or certificates paid during
the year 1897 16 22694 00
THE CHICAGO GUARANTY FUND LIFE SOCIETY CHICAGO ILL
IBALANCE SHEET
Amount of net or ledger assets December 31st of previous
22088 17
year
IIINCOME DURING THE YEAR 1897
Gross amount paid by members to the asso
ciation or its agents without deductions
for commissions or other expenses as fol
lows
1 Premium on first year on new form policies 16193 68
2 Annual dues 19948 27
3 Assessments 109169 05
4 Guaranty and reserve 3939 97
Total paid by members 149250 97
5 Interest Guaranty 659934 reserve 3
29679 bills received 19902 10096 15
Total income 159346 12
Total 869
IIIDISBURSEMENTS DURING YEAR 1897
1 Losses and claims 116862 56
2 Payments and assessments returned to
members and policy canceled19 LL
Total paid to members 117052 i 8
3 Commissions and fees retained by or paid to
agents 15155 33
4 Fees paid to directors 510 00
5 Salaries and traveling expenses of mana
gers of agencies and general special and
local agents 6772 68
6 Medical examiners fees whether paid di
rect by members or otherwise 2123 15
7 Salaries and other compensation of officers
and other office employees 1404 i 64
8 Rent 364400 taxes 112584 4769 84
10 Advertising 89869 blanks and printing
143356 2332 25312
COMPTROLLERGENERALS REPORT
11 All other items viz Postage 101033
collections 132230 furniture 15917
legal fees and expenses 243921 agent
acconts closed84638 advances by mem
bers applied 17585 general expense
50759 total
Total expenses footings of items 3 to 11
5217172
Total disbursements
Balance
6579 23
L69224 50
217509 79
9
lo
IVINVESTED ASSETS
Loans on mortgage first liens on real es
tate
Cost value of bonds owned absolutely
Cash deposited in banks on reserved fund
account as follows Royal Trust Co
All other deposits as follows Royal Trust
Company
Agents ledger balances
All other assets viz Bills receivable
3500 00
189195 36
2682 03
11366 35
6701 75
2781 94
Total net or ledger assets 217509 79
Total net or ledger assets less depreciation
217509 79
12
15
16
17
21
23
24
VCONTINGENT ASSETS
Interest due 30000 and accrued 412602
Market value of bonds over cost
Due from members for claims not yet as
sessed
Mortuary assessments due and unpaid on
memberships in force
23000 00
332 27
23332 27
Total due from members
Net amount due from members
All other assets viz Premiums in hands of agents
Reserve on unpaid claims
Total assets
VILIABILITIES
2 Losses in process of adjustment or adjusted and not due
number of claims 3
3 Losses reported for which assessments have been made
number of claims 4
4 Losses resisted by the company Number of claims 4
7 Borrowed money including interest due or accrued
9 Amount of all other liability viz Advance assessments
Advance insurance fund
4426 02
970 22
23332 27
1162 85
600 00
248001 15
10000 00
6500 00
6500 00
10000 00
2447 22
1611 74
Petal liabilities
37058 96COMPTROLLERGENERALS REPORT
313
VIIEXHIBIT OP CERTITIOATES OE POPIOIESNUMBER AND AMOUNT
Total Business of 1897
No Arrount
Policies or certificates in force December 31 1896 2605 7581000
Policies or certificates written during the year 1897 2939 3341400
Total 5544 10922400
Deduct number and amount which have ceased to be in
force during 1897 1133 2095300
Total policies or certificates in force December 311897 4411 8827100
Losses and claims on policies or certificates upaid December
31 1896 11 21500
Losses and claims on policies or certificates incurred during
the year 1897 45 122400
Total 56
Losses and claims on policies or certificates paid during the
143900
120900
year 1897 45
Business in Georgia
During 1897
Policies or certificates in force December 31 1896 226 636000
Policies or certificates written during the year 1897 15 36000
Total 241 672000
Deduct number and amount which have ceased to be in force
during 1897 130 377000
Total policies in force December 31 18 7 Ill 295000
Losses and claims on policies or certificates unpaid Decem
ber 31 1896 2 3000
Losses and claims on policies or certificates incurred during
the year 1897 4 15000
Total 6 18000
Losses and claims on policies or certificates paid during the
year 1897 5 17000
BUSINESS IN GEORGIA FOR YEAR ENDING APRIL 30 1898
Risks43000 00
Premiums 6458 22
Losses17000 00
Tax 64 58
CONNECTICUT INDEMNITY ASSOCIATION WATERBURY CONN
IBALANCE SHEET
Amount of net or ledger assets December 31st of previous
year
IIINCOME DURING YEAR 1897
Gross amount paid by members to the associa
tion or its agents without deductions for com
missions or other expenses as follows
2 Annual dues 67263 12
3 Assessments 181209 31
Total paid by members 248472 43
27765 91314 COMPTROLLERGENERALS REPORT
5 Interest 5234 87
6 Rents 378 00
7 Cash received from all other sources viz Bills
receivable 335 57
Policy fees 14 sale of stock 12050 sub
scription to stock paid 3125 15189 00
Total income 269609 87
Total 546675 78
IIIDISBURSEMENTS DURING YEAR 1897
1 Losses and claims detailed schedule filed 18
57804 accidents 253491 111112 95
Surrender values 3841 57
2 Payments and assessments turned 1953 98
Total paid to members 116908 50
3 Commissions and fees retained by or paid to
agents 76186 27
4 Commissions and fees collecting renewals 6089 57
5 Salaries and traveling expenses of managers of
agencies and general special and local agents 2083 35
6 Medical examiners fees whether paid directly
by members or otherwise and inspections 17363 64
7 Salaries and other compensation of officers and
office employees 15445 26
8 Rent 236442 taxes 282551 5189 93
10 Advertising 222550 blanks and printing 2
62820 furniture 127418 legal expenses
548666 11614 54
11 All other items viz Postage 108371 libra
ry 775 general ex 287575 exchange
4546 com on contracts and plans 648059
agency expenses 576617 16259 43
Total disbursements 267140 49
Balance 279535 29
IVINVESTED ASSETS
1 Cost value of real estate in cash exclusive of
all incumbrances 7864 20
2 Loans on bond and mortgage first liens on real
estate 65688 00
3 Loans secured by pledge of bonds slock or other
niaketable collateralsI
at i i r 26504 o9
4 Loans made in cash to members on tins compa
nys certificates assigned as collateral J
5 Cost value of bonds and stocks owned absolutely 29950 00
6 Cash in office 381457 New York office 3
49829 7312 86
7 Cash deposited in banks on reserved fund ac
count Mfrs Nat Hank Waterbury 64024
Mutual Nat Hank Troy N Y 1200 1840 24COMPTROLLERGENERALS REPORT
315
All other deposits Waterbury National 3765
Mfrs Nat 355839 4th Nat 187945 f 475 49
8 Agents ledger balances 65381 17
9 All other ledger assets viz Bills receivable 63928 33
Library 24985 furniture 53456 5590 41
10 Total net or ledger assets as per balance
above 279535 29
11 Deduct depreciations from cost of assets to
bring same to market value 7417 78
Total net or ledger assets less depreciation 272117 51
VCONTINGENT ASSETS
12 Interest due 447983 and accrued 1146
13 Rents due and accrued
15 Market value of bonds and stocks over cost
19 Annual payments or premiums due and unpaid
on memberships in force 29532 36
20 Annual payments or premiums in process of col
lection not yet due 60951 25
Total due from members net
21
5625 83
108 00
1068 75
483 61
Total assets 369403 7ft
VILIABILITIES
2 Losses in process of adjustment or adjusted and not yet due
number of claims 6 4621 64
3 Losses reported for which assessments have not been made
number of claims 15 not adjusted 42800 00
4 Losses resisted by the company number of claims 4 33200 00
6 For salaries rents and office expenses 2000 00
Total liabilities
82621 64
VIIEXHIBIT OF CERTIFICATES OR POLICIESNUMBER AND AMOUNT
Total Business for 1897
Number Amount
Policies or certificates in force December 31 1896 5917 12013280 Oft
Policies or certificates written during the year 1897 3481 738547300
Total 9398 19 98753 Oft
Deduct number and amount which have ceased to be in
force during 1897 3084 6765775 Oft
Total policies or certificates in force December
31 1897 6314 12632978 00
Losses and claims on policies unpaid December 31 1896 23 46350 00
Losses and claims on policies or certificates incurred
during the year 1897 77
Total 100
Losses and claims on policies or certificates paid during
the year 1897 72
162875 00
209225 00
109518 04
Business in Georgia during isht
Number Amount
Policies or certificates in force December 31 1896
Policies or certificates written during the year 1897
Tola
716 1245925 0ft
530 894600 00
1246 2140525 no316 COMPTROLLERGENERALS REPORT
Deduct number and amount which have ceased to be in
force during 1897 609 1024075 00
Total policies in force December 31 1897 637 1116450 00
Losses and claims on policies or certificates unpaid De
cember 31 1896 3 6600 00
Losses and claims on policies or certificates incurred
during the year 1897 10 34100 00
Total 13 40700 00
Losses and claims on policies paid during the year 1897 9 75200 00
EQUITY LIFE ASSOCIATION STAUNTON VA
IBALANCE SHEET
Amount of net ledger assets December 31st of previous year
IIINCOME DURING THE YEAR 1897
Gross amount paid by members to the association or its
agents without deductions for commissions or other ex
penses as follows
3 Assessments 58 081 87
4 For medical examiners fees 129 24
Total paid by members 58211 11
5 Interest 2273 58
6 Rents 811 79
7 Cash received from all other sources viz
Bonds not due on real estate purchased 4310 53
Total income
IIIDISBURSEMENTS DURING YEAR 1897
1 Losses and claims 19 600 00
2 Annual payments and assessments returned
to members 6674 12
Total paid to members 26 274 12
3 Commissions and fees retained by or paid
to agents 14069 30
4 Commissions and fees retained by or paid
for collection of premiums i 870 93
5 Salaries and travelingexpenses of managers
of agencies and general special and local
agents 4762 07
6 Medical examiners fees whether paid di
rect by members or otherwise 2595 20
7 Salaries and other compensation of officers
and office employees 4 333 67
S Rent 600 taxes 269653 commuted
commisions 300 3 596 53
10 Advertising blanks and printing 525 88
110158 28
65607 01COMPTROLLERGENERALS REPORT 317
11 All other items viz Repairs to real es
tate 18735 postage telegrams 187 35
Legal fees and incidental office expenses 1470 02
Total 60190 07
Total disbursements 60190 07
IVINVESTED ASSETS
1 Cost value of real estate in cash exclusive
of all incumbrances 5400 32
2 Loans on bond and mortgage first liens on
realestate 18267 90
4 Loans made in cash to members on this
companys certificates assigned as col
lateral 7952 00
5 Cost value of bonds and stocks owned abso
lutely 56800 00
6 Cash in office 269 45
7 Cash deposited banks on reserved fund ac
count Augusta Nat Bank of Staunton
Va S D Ferguson banker Roanoke
Va total 5444 74
All other deposits Cash in hands of col
lectors 3811 93
8 Agents ledger balances 15337 61
9 All other ledger assets viz Balances due
on accounts and loans in process of set
tlemen t 2291 27
Total 115575 22
Total net or ledger assets less depreciation 115575 22
VCONTINGENT ASSETS
12 Interest due 69393 and accrued 31809 1012 02
20 Annual payments or premiums in process of
collection not yet due 6789 53
21 Total due from members 6789 53
22 Deduct estimated cost of collection 678 95
23 Net amount due from members 6110 58
VILIABILITIES
7 Borrowed money including 22988 interest due or ac
crued 431053 4540 41
VIIEXHIBIT OF CERTIFICATES OH POLICIESNUMBER AND AMOUNT
Total Business of 1807
No Amount
Policies or certificates in force December 31 1896 2294 4350566 41
Policies or certificates written during the year 1897 575 1133534 41
Total 2869 5484100 82
Deduct number and amount which have ceased to be in
force during 1897 432 746600 00
Total policies or certificates in force Dec 31 1897 2437 4737500 82318 COMPTROLLERGENERALS REPORT
Losses and claims on policies or certificates unpaid De
cember 311896 2 3000 00
Losses and claims on policies or certificates incurred
during the year 1897 7 16600 00
Total 9 19600 00
Losses and claims on policies or certificates paid dur
ing the year 1897 9 19600 00
Business in Georgia During 1897
Policies or certificates written during 1897 80 124000 00
Policies or certificates which have ceased to be in force
during the year 1897 21 39500 00
Total policies in force December 31 1897 59 84500 00
BUSINESS IN GEORGIA FOR YEAR ENDING APRIL 30 1898
Risks 99000 00
Premiums 2376 48
L osses
Tax 23 76
FIDELITY MUTUAL LIFE ASSOCIATION PHILADELPHIA PA
IBALANCE SHEET
Amount of net or ledger assets December
31st of previous year 1658554 10
Deduct ledger credit balance 1896 11221 56 1647332 63
IIINCOME DURING YEAR 1897
Gross amount paid by members to the asso
ciation or its agents without deductions
for commissions or other expenses as fol
lows
3 Assessments Mortuary 63955219 ex
pense 73031847 reserve 38370686 1753577 52
4 For medical examiners fees 3418 72
Total paid by members 1756996 24
5 Interest 32728 28
6 Rents 64958 88
7 Cash from all other sources viz Fees for
changing policies 513 00
Profit on disposal of real estate and secur
ities 1104 90
Total income 1856301 30
Total 3503633 93
innisi a DIKING YEAR 1897
1 Losses and claims 629202 75
2 Annual payments and ssments returned
to members 93266 56
Total paid to members 722469 31COMPTROLLERGENERALS REPORT
319
3 Commissions and fees retained by or paid to
agents 346508 05
Paid for collecting assessments on premiums
to bankers or collectors 9597 96
5 Salaries and traveling expenses of managers
of agencies and general special and local
agents 55141 65
6 Medical examiners fees whether paid di
rect by members or otherwise 49433 94
7 Salaries and other compensation of officers
and other office employees 117198 52
8 Rent 4987819 taxes 2220949 72087 68
10 Advertising 1969511 blanks and printing
2576106 45456 17
11 All other items viz Traveling expenses
2144788 legal expenses 244113 23889 01
Expenses and repairs on real estate 23
11983 furniture 395220 27072 03
Losses on real estate and securities 6504
05 janitor fuel etc 116605 express
age and telegrams 388871 11558 81
Postage 1325314 legislation 133607
library 110563 sundry expenses 2
47078 18165 62
Total expenses footings of items 3 to
11 77610944
Total disbursements 1498578 75
Balance 2005055 18
IVINVESTED ASSETS
1 Cost value of real estate in cash exclusive
of all incumbrances
2 Loans on bond and mortgage first liens on
real estate 28262733 second liens 2
70813
3 Loans secured by pledge of bonds stock or
other marketable collaterals
4 Loans made in cash to members on this com
panys certificates assigned as collateral
Interest bearing notes secured by liens on
policies
5 Cost value of bonds and stocks owned abso
lutely
6 ash in office
7 Cash deposited in banks on reserved fund
account Union Trust Co 1637239
Third National Bank 1028382 Seventh
National Hank 1023756 Ninth National
Bank 1543646 total
8 Agents ledger balances 19940735 bills
receivable 1317562
2lc
157766 64
285335 46
46913 64
57603 09
69277 97
99126 25
566 115
52330 23
212582 97320 COMPTROLLERGENERALS REPORT
9 All other ledger assets viz Due from Citi
zens Mutual Life Ins Co 2530907
Minn Loan and Trust Co 77947 sup
plies 249989 suspended banks 1
06939 total 29657 82
10 Total net or ledger assets as per bal
ance above 2011160 74
Deduct ledger credit balances 6105 56
11 Deduct depreciations from cost of as
sets to bring same to market value 2005055 18
Total net or ledger assets less depre
ciation 2005055 18
VCONTINGENT ASSETS
12 Interest due 302722 and accrued725111 10278 33
13 Rents accrued 2727 20
15 Market value of bonds and stocks over cost 1511 75
Total assets 2019572 46
VIINABILITIES
1 Losses due and unpaid number of claims 3 5498 35
2 Losses in process of adjustment or adjusted and not due
number of claims 44 93000 00
3 Losses reported for which assessments have not been
made number of claims 17 43000 00
4 Losses resisted by the company number of claims 10 42000 00
6 For salaries rents and office expenses 5000 00
9 All other liability viz Premiums or assessments paid
before due 1000 00
Reserve on paidup and limited advance payment policies 493244 28
Total liabilities 682742 63
VIIEXHIBIT OF CERTIFICATES OH POLICIESNUMBER AND AMOUNT
Total Business of ISO
Number Amount
Policies or certificates in force December 31 1896 29005 67412955 92
Policies or certificates written during the year 1897 8524 19898208 35
Total 37529 87311164 27
Deduct number and amount which have ceased to
be in force during 1897 5876 14437437 17
Total policies or certificates in force Decem
ber 311897 31653 72873727 10
Losses and claims on policies or certificates unpaid
December 31 1896 57 138500 00
Losses and claims on policies or certificates incurred
during the year 1897 284 68492i 28
Total 341 823423 28
Losses and claims on policies or certificates paid
during the year 1897 267 639921 93COMPTROLLERGENERALS REPORT 321
Business in Georgia during 1897
Number Amount
Policies or certificates in force December 31 1896 932 2107500 00
Policies or certificates written daring the year 1897 335 564373 00
Total 1267 2671873 00
Deduct number and amount which have ceased to
be in force during 1897 166 385369 10
Total policies in force December 31 1897 1101 2286503 90
Losses and claims on policies or certificates unpaid
December 31 1896 3 14000 00
Losses and claims on policies or certificates in
curred during the year 1897 9 32000 00
Total 12 46000 00
Losses and claims on policies or certificates paid
during the year 1897 10 31000 00
BUSINESS IX GEORGIA FOR YEAR ENDING APRIL 30 1898
Risks 478687 00
Premiums 55923 57
Losses 30000 00
Tax 559 23
GEORGIA SICK AND ACCIDENT BENEFIT ASSOCIATION
ATLANTA GA
IVINVESTED ASSETS
4 Loans made in cash to members on this
companys certificates assigned as collateral 50 00
6 Cash in office 800 00
Total 850 CO
VCONTINGENT ASSETS
19 Weekly premiums or payments due and un
paid on memberships in force 79 15
20 Weekly payments or premiums in process
of collection not yet due up to January 1
1899 6340 80
21 Total due from members 6419 95
22 D duct estimated cost of collection 1283 99
23 Net amount due from members 5135 96
24 All other assets viz Office furniture 17500 stationery
and blank books 25000 estimated 425 00
Total assets 6410 96
VILIABILITIES
8 To officers or others for advances on account of expenses of
organization W
Total liabilities 1Q0 0322
COMPTROLLERGENERALS REPORT
VIIEXHIBIT OF CERTIFICATES OR POLICIESNUMBER AND AMOUNT
Number Amount
Policies or certificates in force March 10 1898 all in
Georgia 1209 25480 00
Total policies or certificates in force March 101898 1209
25480 00
GUARANTEE SAFETY FUND LIFE ASSOCIATION MACON GA
IBALANCE SHEET
Amount of net or ledger assets
IIINCOME DURING YEAR 1897
Gross amount paid by members to the asso
ciation or its agents without deductions
for commissions or other expenses as
follows
Membership fees 1165 00
Annual dues 2204 84
Assessments 475 57
For medical examiners fees 250 00
Total paid by members
Interest
Cash received from all other sources viz
Guarantee notes
Demand note
1095 41
9 00
588 50
375 00
8
9
in
Total income
Total
IIIDISBURSEMENTS DURING YEAR 1897
Losses and claims
Annual payments and assessments returned
to members
Total paid to members
Commissions and fees retained by or paid to
agents
Salaries and traveling expenses of managers
of agencies and general special and local
agents
Medical examiner s fees whether paid direct
by members or othersvise
Salaries and other compensation of officers
and other office employees
Rent taxes 7408 commuted com
missions 65355
Advanctd to officers and agents to be repaid
out of future salaries or commissions
Advertising 23660 blanks and printing
12266
5067 91
427 89
5067 91
5495 80
2000 00
19 60
2019 90 2019 90
624 40
349 17
2o2 00
50 00
727 G3
144 95
359 26
COMPTROLLERGENERALS REPORT
323
11 All other items viz Postage express tele
graph insurance literature furniture
fuel etc 17000 medical director
6250 total
Total expenses footings of items 3 to 11
Total disbursements
Balance
232 50
2749 91 2749 91
4768 91
726 89
IVINVESTED ASSETS
4 Loans made in cash to members on this com
panys certificates assigned as collateral
reserve
6 Cash in office
7 Cash deposited in banks on reserved fund
account Bank of LaGrange
All other deposits Exchange BankMacon
804 Macon Savings Bank 3600 total
Total net or ledger assets less depreciation
136 90
383 04
162 91
44 04
VCONTINGENT ASSETS
16 Due from members for guarantee notes not
yet due
21 Total due frora members
23 Net amount due from members
24 All other assets viz Forfeited guarantee
notes 137288 duefrom agents 11295
Less estimated cost of collection
Total
Total assets
3227 12
3227 12
1485 83
137 28
726 89
3227 12
1348 55
5302 56
VILIABILITIES
Borrowed money including 2250 interest due or accrued 397 50
Total liabilities 4905 06
VIIEXHIBIT OF CERTIFICATES OR POLICIESNUMBER AND AMOUNT
Total Business of 1897
Number Amouut
Policies or certificates in force December 31 1896 166
Policies or certificates written during the year 1897 64
Total 230
Deduct number and amount which have ceased to be in
force during 1897 30
Losses and claims on policies or certificates incurred
during the year 1897
332000 00
128000 00
460000 00
G0000 00
Total policies or certificates in force December 311897 200 400000 00
2000 00
Total
2000 00324 COMPTROLLERGENERALS REPORT
Business in Georgia
during 1897
Number Amount
Policies or certificates in force December 31 1896 1G6 332000 00
Policies or certificates written during the year 1897 64 128000 00
Total 230 460000 00
Deduct number and amount which have ceased to be in
force during 1897 30 60000 00
Total policies in force December 31 1897 200 400000 00
Losses and claims on policies or certificates incurred
during the year 1897 1 2000 00
Total 1 2000 00
Losses and claims on policies or certificates paid during
the year 1897 1 2000 00
THE HARTFORD LIFE INSURANCE COMPANY HARTFORD CONN
IBALANCE SHEET
As shown by the Books at Home Office at Close of Business December 1
Amount of net ledger assets December 31st of previous
year 1619968 48
IIINCOME DURING YEAR
Gross amount paid by members to the asso
ciation or its agents without deductions for
commissions or other expenses as follows
1 Membership fees required or represented by
applications Admission fees 9558600
annual dues 26620683 361792 83
2 First years assessments or premiums Ex
pense 2835148 mortuary 10502443
for other purposes safety fund 14690 149065 91
3 Subsequent years assessments or premiums
Expense 1203617 mortuary 1305
87292 for other purposes safety fund
2223731 taxes 995502 1350101 42
4 Medical examiners fees paid by applicant 22217 06
Total paid by members 1883177 22
5 Interest froA bonds and stocks 1181350
safety fund 4714810 other sources
471545 63777 05
8 From all other sources viz Advance pay
ments 6367 62
Total income during tbe year 1953321 8S
Total 3573288 36COMPTROLLERGENERALS REPORT
325
IIIDISBURSEMENTS DURING THE YEAR
As Shown by the Books at Home Office at Close of Business December 31
1 Death claims or installments paid 1472750 46
3 Advance payments applied on premiums 7764 55
4 Paid members for dividends 76625 97
Total paid to members 1557140 98
5 Commissions and fees retained by or paid or
allowed to agents on account of first years
fees dues assessments or premiums 119
15738 subsequent years 5051144 169669 32
7 Salaries and allowances of managers and
agents not paid by commissions 8075 00
8 Salaries of officers 21899 97
9 Salaries and other compensation of office em
ployees 40619 14
10 Medical examiners fees whether paid direct
by members or otherwise 25383 06
11 Taxes on premiums 1232099 insurance de
partment fees and licenses 260913 mu
nicipal licenses 30800 tax on franchise
83090 16075 02
13 Rent less subleases 8304 79
14 Legal expenses 292896 advertising and
printing 819099 11119 95
16 All other items viz Commissions 3561733
postage 1142673 reinsurance 17761
office expenses 345165 traveling 5
44947 26122 79
Dividends on capital stock 30000 00
Transferred to stock department of dues 68000 00
Total expenses footings of items 5 to 10
43526904
Total disbursements 1992410 02
Balance 1580878 34
IVLEDGER ASSETS
As per Ledger Accounts Shown by the Books at Home Office at Close of
Business December 31
3 Loans secured by pledge of bonds stocks or
other collateral 20000 00
4 Book value of bond3 excluding interest
1511483 68 and stocks 8410358 240587 26
5 Cash in office 571720 deposited in banks
12238313 128100 33
First National Bank of Hartford Conn
5842435 Farmers and Merchants Hart
ford Conn 5905878 Nebraska National
Bank of Omaha 4900
Safety fund securities on deposit with secu
rity company 1192190 75
Total 1580878 34
9 Total net ledger assets as per balance on page 1 1580878 34326
COMPTROLLERGENERALS REPORT
VNONLEDGER ASSETS
11 Interest accrued 4630 12
16 Mortuary assessments to become due on post
mortem policies not exceeding one assess
ment nor the amountof post mortem claims
not assessed for per item 4 of liabilities 322100 00
Total nonledger assets
18
326730 12
Gross assets 1907608 46
DEDUCT ASSETS NOT ADMITTED
5 Depreciation in ledger assets to bring same to
market value 8888 73
6 Total
Total admitted asset
VI NONLEDGER LIABILITIES
3 Losses on post mortem policies due and
unpaid 250 00
4 Losses on post mortem policies not adjusted
297100 resisted 25000 322100 00
7 Salaries rents expenses taxes lulls ac
counts bonuses commissions fees etc
due or accrued 573 60
9 Premiums or assessments paid before due 2169 18
10 Excess over associations whole life rates of
all premiums received on any form of ad
vance limited payment or deposit policies
and 4 per cent accumulated interest
thereon 1082 00
12
Total liabilities
Balance to protect contracts
Comprised under the following funds
13 Mortuary fund less amount thereof included
in liabilities and in assets not admitted 28563 67
24 Reserve fund less amount thereof included
in liabilities and in assets not admitted 59329 55
16 Safety fund less amount thereof included in
liabilities and in assets not admitted 1192190 75
17 Genera expense fund less amount thereof
included in liabilities and in assets not ad
mitted 291960 98
Total special funds
VIIEXHIBIT OF CERTIFICATES OR POLICIES
8888 73
1898719 73
326674 78
1572044 95
1572044 95
Total Business
of I he Year
No
Business in Georgia
During Y ar
Amount No Amount
Policies or certificates in force December 31
beginning of year 43964 91582200 1670 3860500
Policies or certificates written or increased
during the calendar year 5470 9149400 394 818000
Total 49434 100731000 2064 4678 500COMPTROLLERGENERALS REPORT 327
Deduct decreased or ceased to be in force
duringyear 5316 10664000 326 649000
Total policies or certificates in force
Decembers end of year 44118 90067600 1738 4029500
Losses and claims unpaid December 31 be
ginning of year 136 324000 4 20000
Losses and claims incurred during the cal
endar year 576 1490100 14 48000
Total 712 1814100 18 68000
Resisted claims decided in our favor 2 4000
Losses and claims paid scaled down and
compromised during the year 599 1488000 16 48000
Losses and claims outstanding unpaid last
December 31 end of year Ill 322100 2 20000
Premiums and assessments collected during
year 1499167 33 7493 73
BUSINESS IN GEORGIA FOR YEAR ENDING APRIL 30 1898
Risks 812000 00
Premiums 16995 96
Losses 700 00
Tax G9 95
I
THE HOME FRIENDLY SOCIETY BALTIMORE MD
IBALANCE SHEET
Amount of net or ledger assets December 31st of previous
year
IIINCOME DURING YEAR 1887
Gross amount paid by members to the asso
ciation or its agents without deductions
for commissions or other expenses as
follows
1 Membership fees
2 Annual dues
3 Assessments
4 For stationery and duplicates
Total paid by members
5 interest
6 Bents
7 Cash received from all other sources viz
Advance returued
Total income
Total
623 97
403 35
156944 79
147 93
158120 04
87 52
3974 71
10 00
26944 01
162192 27
189136 28328
COMPTROLLERGENERALS REPORT
IIIDISBURSEMENTS DURING YEAH 1897
1 Losses and claims 5g 531 04
2 Annual payments and assessments returned
to members 329 47
Total paid to members 58860 51
3 Commissions and fees retained by or paid
to agents 39745 57
5 Salaries and traveling expenses of managers
of agencies and general special and
local agents 24446 OS
6 Medical examiners fees whether paid
direct by members orotherwise 1666 50
7 Salaries and other compensation of officers
and other office employees 15612 76
8 Rent 313120 taxes 162382 4755 02
10 Advertising 9754 15
11 All other items viz Attorneys fees
41238 postage 22877 interest 1
05613 bills payable 200000 3697 23
Building expenses 357219 furniture
42700 all other items 221404 6213 23
Total disbursements
Balance
IVINVESTED ASSETS
1 Cost value of real estate in cash exclusive
of all incumbrances 24203 89
5 Cost value of bonds and slocks owned
absolutely 3097 50
6 Cash in office 1 824 25
All other deposits Old Town Bank 2
01679 Commonwealth 24280 2259 59
10 Total net or ledger assets 31385 23
Total net or ledger assets less depreciation
VCONTINGENT ASSETS
12 Interest due
13 Rents due and accrued
14 Market value of real estate over cost
15 Market value of bonds and stocks over cost
17 Mortuary assessments due and unpaid on
membership in force 2748 25
21 Total due from members 2 748 25
22 Deduct estimated cost of collection 137 41
13 Net amount due from members
Total assets
VI LIABILITIES
7 Bills payable
Total liabilities
157751 05
31385 2
31385 23
105 00
257 75
11538 61
52 50
2610 84
48949 93
670H 00
6700 00COMPTROLLERGENERALS REPORT
329

ynEXHIBIT OF CERTIFICATES OR POLICIESNUMBER AND AMOUNT
Total Business of 1897
Number Amount
Policies or certificates in force December 31 1896 30194 2283590 00
Policies or certificates written during the year 1897 28202 1974140 00
Total 58396 4257730 00
Deduct number and amount which have ceased to be
in force during 1897 20984 1473320 00
Total policies or certificates in force December
31 1897 37412 2784410 00
Losses and claims on policies or certificates incurred
during the year 1897 7414 58530 29
Total 7414 58530 29
Losses and claims on policies or certificates paid during
the year 1897 7414 58530 29
Butiness in Georgia During 1897
Number Amount
Policies or certificates in force December 31 1897 2108 147560 00
Policies or certificates written during the year 1896 599 42930 00
Total
2707 190490 00
Deduct number and amount which have ceased to be
in force during 1897 557 26390 00
Total policies in force December 31 1897
2150 164100 00
Losses and claims on policies or certificates incurred
during the year 1897 1003
4025 49
Total 1003
4025 49
Losses and claims on policies or certificates paid during
the year 1897 1003
BUSINESS IN GEOBGIA FOR YEAH ENDING APRIL 30 1898
Risks
Premiums
Losses
Tax
4025 49
48 25
9579 83
4278 94
95 79330 COMPTROLLERGENERALS REPORT
THE INDUSTRIAL AID ASSOCIATION ATLANTA GA
IBALANCE SHEET
Amount of net ledger assets December 31st of previous year 1110 15
IIINCOME DUBING YEAR 1897
Gross amount paid by members to the associa
tion or its agents without deductions for
commissions or other expenses as fol
lows
1 Membership fees 445 50
2 Annual dues n 629 25
4 For medical examiners fees 50
Total paid by members 12075 25
Total income 075 25
Total 13185 40
III DISBURSEMENTS DURING THE Vu 1897
1 Losses and claims weekly indemnity
1347 230935 deaths 40 45350 2492 85
2 Annual payments and assessments re
turned to members 7 75
Total paid to members 2500 60
3 Commissions and fees retained by or paid
to agents 5499 09
4 Commissions and fees retained by or paid
to officers and directors 2020 00
5 Salaries and traveling expenses of mana
gers of agencies and general traveling
expenses 4gg qq
6 Medical examiners fees whether paid di
rect by members or otherwise 60 00
7 Salaries and other compensation of officers
and other office employees 4i9 50
8 Rents 14400 taxes 4000 180 00
10 Advertising 17750 blanks and printing
1300 307 50
11 All other items viz Postage and ex
press 4811 office and fixtures 21000
loans on policies 68400 total 942 11
Total expenses footings of items 3 to 11
961220
Total disbursements 12 108 80
Balance 1076 60
COMPTROLLERGENERALS REPORT Sol
IVINVESTED ASSETS
4 Loans made in cash to members on this
companys certificates assigned as col
lateral 648 00
6 Cash in office 221 80
All other deposits Neal Loan Bank of
Atlanta 70280 The National Bank of
Savannah 14800 850 80
8 Agents ledger balances 864 80
10 Total net or ledger assets 107660
Total net or ledger assets less depreciation 25S54 40
VCONTINGENT ASSETS
19 Annual payments or premiums due and
unpaid on memberships in force 864 80
20 Annual payments or premiums in process
of collection not yet due paid weekly 27456 00
21 Total due from members 28320 80
22 Deduct estimated cost of collection
20 per cent 5664 16
23 Net amount due from members 22656 64 22656 64
24 All other assets viz Office furniture 600 00
Blanks and books 320 00
Total 23576 64
Total assets 26162 04
VILIABILITIES
5 National State or other taxes due 285 00
8 To officers or others for advance on account of expenses
of organization 800 00
Total 1085 00
VIIEXHIBIT OF CERTIFICATES OR POLICIES
Total Business of 1S7
No Amount
Policies or certificates in force October 4 1897 9347 205634 00
Policies or certificates written during the year
1897 4767
Total 14114 310508 00
Deduct number and amount which have ceased
to be in force during 1897 3229
Total policies or certificates in force De
cember 31 1897 10885 239470 00
Losses and claims on policies or certificates in
curred during the year 1897 134740
Total 134740 2492 85332
COMPTROLLERGENERALS REPORT
Losses and claims on policies or certificates paid
during the year 1897 134740
Policies or certificates in force October 4 1897 9347
Policies or certificates written during the year
1897 4767
Total 14114
Deduct number and amount which have ceased
to be in force during 1897 3229
Total policies in force December 31 1897 10885
Losses and claims on policies or certificates un
paid December 31 1897 134740
Total 1387
Losses and claims on policies or certificates paid
during the year 1897 134740
BUSINESS IS GEORGIA FOR YEAR ENDING APRIL 1898
Risks
Premiums
Losses
Tax
2492 85
205634 00
310508 00
239470 00
2492 85
2492 85
2492 85
391336 00
36842 55
11120 30
368 42
ILLINOIS LIFE ASSOCIATION CHICAGO ILL
IRAI VNCB SHEET
Amount of net ledger assets December 31st of previous year 42305 So
IIINCOME DURING YEAR
As Shown by the Books at Home Office at Close of Business December 31
Gross amount paid by members to the
association or its agents without deduc
tions for commissions or other expenses
as follows
2 First years assessments or premiums
Expense 5470472 reserve 3000 54734 72
3 Subsequent years assessments or pre
miums Expense 3907390 mortuary
2980514 reserve 494204 7382108
4 Medical examiners fees paid by applicant 36 00
Total paid by members 1285591 80
5 Interest 557 29
S From all other sources viz Loan Fort
Dearborn National Bank 10000 00
Total income during the year 139149 09
Sum of both amounts 181454 94
IIIDISBURSEMENTS DURING YEAR
As Shown by the Books at Home Office at Close of Business December 31
1 Death claims or installments paid 26075 00
3 Surrendered policies 906 11
Total paid to members 26981 11COMPTROLLERGENERALS REPORT
333
5 Commissions and fees retained by or paid
or allowed to agents on account of first
years fees dues assessments or pre
miums 4667324 subsequent years
1188653 58559 77
6 Commissions paid or allowed for collecting
assessments or premiums to banks or
collectors 762 70
7 Salaries and allowances of managers and
agents not paid by commissions 3614 94
8 Salaries of officers 3313 88
9 Salaries and other compensation of office
employees 6884 93
10 Medical examiners fees whether paid di
rect by members or otherwise 7151 50
11 Taxes on premiums 1010 insurance de
partment fees and licenses 64825
agents licenses 7100 729 35
12 Rent of agents offices 1062 50
13 Rents including for associations use
of own buildings less subleases 3150 00
14 Furniture 42194 legal expenses 14510
stationery 131659 advertising and
printing 261482 4438 45
16 All other items viz Traveling expenses
225719 expense 183154 postage
190048 loan Fort Dearborn National
Bank repaid 1000000 15989 21
Total expenses footings of items 5 to 16
10571723
Total disbursements 132698 34
Balance 48756 63
IVLEDGER ASSETS
As per Ledger Accounts Shown by the Books at Home Office at Close of
Business December 31
1 Book value of real estate unincumbered
5 Cash in office 49844 deposited in Fort
Dearborn National Bank 3739783 37896 32
Deposited with insurance department of Mo 10000 00
6 Agents debit balances 10311 98
Total 49203 30
DEDUCT LEDGER LIABILITIES
8 Agents credit balances 451 70
Total net ledger assets 48756 60
VNONLEIXIE P A SSETS
13 Furniture and fixtures 2597 89
15 Mortuary assessments due on last call
made within sixty days on insurance in
force 16834 81
17 Other items Bills receivable Reserve
Fund notes 15085 00
Total nonledger assets 34517 70
Gross assets 83274 30334
COMPTROLLERGENERALS REPORT
DEDUCT ASSETS NOT ADMITTED
1 Furniture fixtures and safes 2597 89
2 Agents debit balances not secured by
bonds 755279 bills receivable not
secured 1508500 22637 79
Total 25235 68
Total admitted assets 58038 62
VIXONLEDGER LIABILITIES
1 Losses on stipulated prem pols adjusted
not due 10000 00
2 Losses on stipulated prem pols not ad
justed 2500 resisted 1000 3500 00
12 Total liabilities 13500 00
Balance to protect contract 44538 62
13 Mortuary fund less amount thereof in
cluded in liabilities and in assets not ad
mitted 8385 18
14 Reserve fund less amount thereof included
in liabilities and in assets not admitted 23922 60
16 Deposit fund less amount thereof included
in liabilities and in assets not admitted 1000 00
17 General or expense fund less amount
thereof included in liabilities and in as
sets not admitted 11230 84
Total special funds 44538 62
VIIEXHIBIT OF CERTIFICATES OR POLICIES
Total business of the year Business in Georgia curing yetr
No Amount No Amount
Policies or certificates in force De
cember 31 beginning of year 2854 6044500 00 22 39500 00
Policies or certificates writ ion or
increased during the calen
dar year 2306 3941000 00 97 I 11500 00
Total 5160 9985500 00 119 284000 00
Deduct decreased or ceased to be in
force during year 1332 2659000 00 33 49000 00
Total policies or certificates in
force last December 31
end of year 3828 7326500 00 86 135000 00
Losses and claims unpaid Decem
ber 31 beginning of year 5 12000 00
Losses and claims incurred during
the calendar year 13 33500 00
Total 18 45500 00
Losses and claims paid scaled down
and compromised during the
year 13 32000 00
Losses and claims outstanding un
paid last December 31 end of
year 5 13500 00
Premiums and assessments col
lected during year 128556 80 1769 99COMPTROLLERGENERALS REPORT 335
BUSINESS IN GEORGIA FOR THE YEAR ENDING APRIL 30 1898
Risks 139000 00
Premiums 2245 62
Tax 22 45
MUTUAL RESERVE FUND LIFE ASSOCIATION NEW YORK N Y
IBALANCE SHEET
Amount of net or ledger assets Dec 31st of previous year 4021140 29
IIINCOME DURING YEAR 1897
Gross amount paid by members to the association or its
agents without deductions for commissions or other ex
penses as follows
1 Membership fees 59615 55
2 Annual dues 1490271 44
3 Assessments 4207049 39
4 For medical examiners fees 18711 00
Total paid by members 5775647 38
5 Interest 135818 48
6 Rents 149702 20
7 Cash received from all other sources viz
Fees for alterations in policies etc 1065 48
8 Special deposits received during 1897 574
20207 applied on assessments and includ
ed in No 3 55532574 18876 33
Total income 6091399 87
Total 10102450 16
IIIDISBURSEMENTS DURING YEAR 1897
1 Losses and claims Death losses 4060
47914 disability claims 1160431 oth
er benefits 477894 4076862 39
1 Cash dividends to policyholders bonds
redeemed interest paid and policies sur
rendered 84770 35
2 Annual payments and assessments returned
to members 970 74
Total paid to members 4162603 48
3 Commissions and fees retained by or paid
to agents 622084 57
4 Commissions paid or allowed for collecting
assessments 57068 06
5 Salaries of managers and agents not paid by
commissions 48462 59
6 Medical examiners fees whether paid di
rect by members or otherwise 62882 61
7 Salaries and other compensation of officers
and other office employees 367376 03
22c336
COMPTROLLERGENERALS REPORT
8 Rent 22107368 taxes 2934937 250423 05
10 Advertising 5305322 blanks and print
ing 3602007 89073 29
11 All other items viz Investment expense
2304 legal expense 2260525 travel
ing expense 1449573 actuarial ex
pense 1679500 postage 3555304
agency expense 5498727 general office
expense 8310067 total 229840 96
12 Expense investigating and adjusting 4
07208345 of death and disability claims 73268 23
Total expenses footings of items 3 to 11
180047939
Total disbursements 5963082 87
Balance 7139367 29
IVINVESTED ASSETS
1 Cost value of real estate in cash exclusive
of all incumbrances 555528 14
2 Loans on bond and mortgage first liens on
realestate 1727800 00
5 Cost value of bonds and stocks owned abso
lutely 324118 29
6 Cash in office 960 84
7 Cash deposited in banks on reserved fund
account total 633976 85
All other deposits 251209 48
On deposit in collecting banks and with
bonded collectors transferred since Dec
31 1897 to New York city banks total 151310 01
8 Agents ledger balances 461085 95
9 All oter ledger assets viz Furniture and
Bxtures total 56377 73
10 Total net or ledger assets 4139367 29
11 Deduct depreciation from cost of assets to
bring them to market value 200000 00
Total net or ledger assets less depreciation 3939367 29
VCONTINGENT ASSETS
12 Interest due 906836 and accrued 1632424 25392 64
13 Rents due 448868 and accrued 343333 7922 01
14 Market value of real estate over cost 8 46
15 Market value of bonds and stock over cost 36556 80
17 Mortuary assessments due and unpaid on
memberships in force 79958 29
18 Mortuary assessments not yet due 1532788 00
20 Annual and expense dues in process of col
lection and not yet due 218378 57
21 Total due from members 1831124 86
22 Deduct estimated cost of collection 183112 49
23 Net amount due from members 1648012 37
24 All other assets viz Death claims paid in anticipation
of February 1 1898 assessment 120091 57
Total assets 5785974 14COMPTROLLERGENERALS REPORT 3S7
VILIABILITIES
1 Losses due and unpaid Number of claims 1 Pay
ment enjoined by court 5000 00
2 Losses in process of adjustment or adjusted and not due
Number of claims 314 1084489 61
4 Losses resisted by the company Number of claims 31 184500 00
9 Amount of all other liability viz Special reserve to
cover possible shrinkage in items of investment receiv
ed from Provincial Provident Institution 16353 05
10 Advance assessments 17580050 outstanding bond ob
ligations 19519863 total 370999 13
Total liabilities 1661341 79
VIIEXHIBIT OP CERTIFICATES OR POLICIESNUMBER AND AMOUNT
Total Business of 1897
No Amount
Policies or certificates in force December 31 1896 118449 325026061 00
Policies or certificates written during the year 1897 21763 56234785 00
Total140212 381260846 00
Deduct number and amount which have ceased to be
in force during 189728304 79693745 00
Total policies or certificates in force December
31 1897111908 301567101 00
Losses and claims on policies or certificates unpaid
December 31 1896 272 927326 48
Losses and claims on policies or certificates incurred
during the year 1897 1473 4655000 00
Total 1745 5582226 48
Losses and claims on policies or certificates paid dur
ing the year 1897 1352 4238236 11
Business in Georgia During 1897
Policies or certificates in force December 31 1896 2891 7628350 00
Policies or certificates written during the year 1897 1100 1949700 00
Total 3991 9578050 00
Deduct number and amount which have ceased to be
in force during 1897 1236 2988500 00
Total policies in force December 31 1897 2755 6589550 00
Losses and claims on policies or certificates unpaid
December 31 1896 7 47000 00
Losses and claims on policies or certificates incurred
during the year 1897 24 71500 00
Total 31 118500 00
Losses and claims on policies or certificates paid dur
ing the year 1897 22 90500 00
BUSINESS IX GEORGIA FOR YEAR ENDING APRIL 30 1898
Risks written during the year 1748700 00
Premiums 97370 80
Losses 57800 00
Tax 973 70338 COMPTROLLERGENERALS REPORT
THE NATIONAL LIFE ASSOCIATION HARTFORD OONN
IBALANCE SHEET
Amount f net ledger assets December 31 of previous
year 425225 42
IIINCOME DURING YEAR
As Shown oy the Books at Home Office at Close of Business December 81
Gross amount paid by members to the Association or its
agents without deductions for commissions or other
expenses as follows
2 First years assessments or premiums Ex
pense 186688 94
3 Subsequent years assessment or premiums
Expense 8854435 ortmuary and re
serve 56085597 649400 32
4 Medical examiners fees paid direct by ap
plicant estimated 5000 00
Total paid by members 841089 26
5 Interest from mortgages 402417 Bonds
and stocks 344209 Other sources 2
61834 10084 60
6 Rents 4549 17
Total income during the year 855723 13
Sum of both amounts 1280948 55
IIIDISBURSEMENTS DURING YEAR
As Shown oy the Books at Home Office at Close of Business December 31
1 Death claims or installments paid 531645 44
4 Paid members for dividends 1009553 for
surrender values 1213688 22232 41
Total paid to members 553877 85
5 Commissions and fees retained by or paid
or allowed to agents on account of first
years fees dues assessments or premi
ums 12557777 subsequent years 36
76886 162346 63
7 Salaries and allowances of managers and
agents not paid by commissions 11527 04
8 Salaries of officers 18780 53
9 Salaries and other compensation of office
employes 20714 68
10 Medical examiners fees whether paid di
rect by members or otherwise 5130 00
11 Taxes on premiums 105446 insurance de
partment fees and licenses 177269 tax
on franchise 1000 2837 15
12 Taxes on real estate and investments 3
73779 expense and repairs on real es
tate 809526 11833 05
13 Rent 397906 interest 514268 9121 74COMPTROLLERGENERALS REPORT
339
14 Furniture 76292 legal expenses 12386
25 advertising and printing 683401 19983 18
16 Traveling expenses 1266912 Blanks and
stationery 83333 13502 45
17 All other items including incidental ex
penses postage and exchange 1042800
dividends to stockholders 300000 and
loss and gain 1219374 being sundry
agents and other accounts considered
valueless 25621 74
Total management expenses 30139819
Total disbursements 855276 04
Balance 425672 51
IVLEDGEK ASSETS
As per Ledger Accounts Shown by the Books at Home Office
at close of business December 31
1 Book value of real estate unincumbered
331083 incumbered 22240000 225710 83
2 Loans on mortgages of real estate first liens 66299 67
3 Loans secured by pledge of bonds stocks or
other collateral 5435 94
4 Book value of bonds excluding interest
600370 and stocks 7040843 76412 13
5 Cash in office 651699 deposited in banks
609908 City Bank Hartford358434
First National Bank Hartford 251474 12616 07
6 Agents debit balances 2046267 bills re
ceivable 402828 34490 95
7 Other assets viz Premium notes 5051 22
Total 426016 81
Deduct Ledger Liabilities
8 Agents credit balances 344 30
9 Total net ledger assets 425672 51
t
VNONLEDGER ASSETS
10 Interest due 244495 accrued 56366 on
mortgages 3008 61
11 Interest due 32605 accrued 7693 on
other assets 402 98
12 Rents due 1012 25
15 Mortuary assessments due on last call
made within sixty days on insurance in
force 13972 33
Total nonledger assets 18396 17
Gross assets 444068 68
Deduct Assets not Admitted
2 Agents debit balances not secured by
bonds 2046267 bills receivable not se
cured 1402828 34390 95340
COMPTROLLERGENERALS REPORT
3 Loans on personal security premium notes
unsecured 5051 22
5 Depreciation in ledger asests to bring same
to market value 74179 96
Total 113722 13
Total admitted assets 330346 55
VINONLEDGER LIABILITIES
1 Losses on stipulated premium policies ad
justed not due 76488 00
2 Losses on stipulated premium policies not
adjusted 8325700 resisted 2007060 103327 60
7 Salaries rents expenses taxes bills ac
counts bonuses commissions fees etc
due or accrued 25401 15
8 Surrender value obligations due or accrued 1704 05
9 Premiums or assessments paid before due 1618 50
10 Excess over associations whole life rates
of all premiums received on any form of
advance limited payment or deposit poli
cies and 4 per cent accumulated interest
thereon 152 14
12 Total liabilities 208691 44
Balance to protect contracts 121655 11
Comprised under the following funds
13 Mortuary reserve and emergency fund less
amount thereof included in liabilities
and in assets not admitted 13618 14
14 General or expense fund less amount
thereof included in liabilities and in as
sets not admitted 58036 97
15 Capital stock paid in 50000 00
Total special funds 121655 11
VIIEXHIBIT OP CERTIFICATES OR POLICIES
Total Business ol Business in Georgia
the Year During Year
Number Amount Number Amount
Policies or certificates in force De
cember 31 1896 as reported 16849 32305590 00 799 1006540 00
Policies or certificates written or
increased during the year 1897 7095 10922405 00 549 730700 00
Total 23944 43227995 00 1348 1737240 00
Deduct policies not in force Decem
ber 31 1896 included in above 4233 8938125 00 165 220750 00
Deduct decreased or ceased to be
in force during year 4908 9231649 00 343 487355 00
Total policies or certificates
in force December 31 1897 14803 2502822100 840 1029135 00
Losses and claims unpaid Decem
ber 31 1896 as reported 56 105958 00COMPTROLLERGENERALS REPORT
341
Losses and claims omitted in state
ment of December 31 1896 26
Losses and claims incurred during
the year 1897 321
403
Total
Losses and claims paid scaled
down and compromised during
the year 1897 270
Losses and claims outstanding un
paid December 31 1897 133
Premiums and assessments collect
ed during year 1897
BUSINESS IN GEOBGIA FOK YEAR ENDING APRIL 30 1898
Risks309750 00
Premiums 20731 27
Losses 5438 57
Tax 207 31
37876 68 1 775 00
502871 45 11 12 8601 84
646706 13 9376 84
446890 53 7 5369 84
199815 60 5 4007 00
836089 26 24012 03
NATIONAL MUTUAL LIFE ASSOCIATION ST PAUL MINN
IBALANCE SHEET
Shown December 31 1896 152129 26
Guaranty notes cut out 107641 14
Amount of net ledger assets December 31st of
previous year
IIINCOME DURING YEAR 1897
Gross amount paid by members to the asso
ciation or its agents without deductions for
commissions or other expenses as follows
3 Assessments 115396 00
4 For medical examiners fees 3658 00
4 44488 12
Total paid by members 118054 00
5 Interest other sources 886 40
6 Rents profit on disposal of real estate 250 00
7 Cash received from all other sources viz
Other general fund income 6925 00
Transfer from reserve to mortuary fund
15000
Total income
Total
IIIDISBURSEMENTS DURING YEAR 1S97
1 Losses and claims and expenses mortuary 66628 40
2 Annual payments and assessments returned
to members 120 35
Total paid to members 66748 75
3 Commissions and fees retained by or paid to
agents 28563 18
126115 40
170003 52342
COMPTROLLERGENERALS REPORT
4 Commissions and fees retained by or paid to
collectors 916 65
5 Salaries and traveling expenses of managers
of agencies and general special and local
agents 8552 69
6 Medical examiners fees whether paid direct
by members or otherwise 5089 68
7 Salaries and other compensation of officers
and other office employees 14630 76
8 Rent 182644 taxes 48 commuted com
missions insurance department 63620 2 510 64
10 Advertising 247580 blanks and printing
10265 legal expenses 68727 all other
items viz Poor accounts 5844 post
age 30209 interest 118 general ex
penses 93499 traveling expenses 3
22338 actuarial 625 total 8411 20
Overdraft of December 31 1896 mortuary
fund 4393 86
Total expenses footings of items 3 to 11
6867480
Total disbursements
Balance
139817 41
30786 11
IVINVESTED ASSETS
6 Cash in office 145 94
7 Cash deposited in bank Metropolitan Bank
Minneapolis 15378 15
Bills receivable secured 15335 63
All other deposits Personal ledger deposit 550 00
Office furniture 1310 60
Less agents balances plus advanced payments etc
Total net or ledger assets less depreciation
32720 32
1934 21
30786 11
VCONTINGENT ASSETS
12 Interest due and accrued
18 Mortuary assessments not yet due
Total due from members
Deduct estimated cost of collection 10 per
cent
Net amount due from members
Total assets
S87 50
57699 00
58086 50
5769 90
52316 60
83102 71
VILIABILITIES
2 Losses in process of adjustment or adjusted
and not due 28608 45
4 Losses resisted by the company 10900 00
Total
Net assets
39508 45
53594 26COMPTROLLERGENERALS REPORT
343
VIIEXHIBIT OF CERTIFICATES OR POLICIESNUMBER AND AMOUNT
Policies or certificates in force December 31 1896 4772
Policies or certificates written during the year 1897 1427
Total Business of 1897
Number Amount
8664500 00
2030750 00
Total 6199 10695250 00
Deduct number and amount which have ceased to be
in force during 1897 2707 4463250 00
Total policies or certificates in force December
81 1897 3492
Losses and claims on policies or certificates unpaid
December 31 1896 39
Losses and claims on policies or certificates incurred
during the year 1897 33
Total
Losses and claims on policies or certificates paid dur
ing the year 1897
72
37
35
6232000 00
81350 00
38422 33
119772 33
80864 12
38908 21
Policies or certificates in force December 31 1897
Policies or certificates written during the year 1897
Business in Georgia during 1897
Number Amount
3 5000 00
87 132500 00
Total
Deduct number and amount which have ceased to be
in force during 1897
90
31
137500 00
37500 00
Total policies in force December 31 1897 59 100000 00
BUSINESS IN GEORGIA FOR YEAR ENDING APRIL 30 1897
Risks
Premiums
Tax
37000 00
1032 07
10 32
THE NEW YORK CASUALTY COMPANY NEW YORK N Y
IBALANCE SHEET
Amount of net or ledger assets December 31st of previous year 8774 51
IIINCOME DURING YEAR 1897
Gross amount paid by members to the asso
ciation or its agents without deductions
for commissions or other expenses as fol
lows
1 Membership fees 1888 50
3 Assessments 13252 13
Total paid by members 15140 63344
COMPTROLLERGENERALS REPORT
7 Cash received from all other sources viz
Fees and commissions returned by agents
6148 donation to increase assets of the
company 1882266 total
18884 14
Total income
Total
IIIDISBURSEMENTS DUBING YEAH 1897
1 Losses and claims 4259 98
2 Annual payments and assessments returned
to members 84 92
Total paid to members 4344 90
3 Commissions and fees retained by or paid
to agents 10412 39
6 Medical examiners fees whether paid di
rect by members or otherwise 268 91
7 Salaries and other compensation of officers
and other office employees 1126 25
10 Advertising 4 20
11 All other items viz Office incidentals
1492 postage 500 total 19 92
Total disbursements
Balance
IVINVESTED ASSETS
5 Cost value of bonds and stocks owned abso
lutely 20000 00
6 Cash in office 3000 00
7 Cash deposited in banks on reserved fund
account Reserved fund invested in se
curities
All other deposits as follows Chase Na
tional Bank of New York City 200000
Standard National Bank of New York
City 162271 total 3622 71
10
Total net or ledger assets 26622 71
Total net or ledger assets less depreciation
VCONTINGENT ASSETS
Annual payments or premiums due and un
paid on memberships in force 695 17
Total due from members 695 17
Deduct estimated cost of collection 451 86
19
21
22
23 Net amount due from members 243 31
24 All other assets viz Contingent policy
fees on certain policies 65 00
Total
Total assets
34024 77
42799 28
16176 57
26622 71
26622 71
308 31
26931 02COMPTROLLERGENERALS REPORT 345
VILIABILITIES
2 Losses in process of adjustment or adjusted and not due
number of claims 2 136 50
4 Losses resisted by the company number of claims 1 200
Total liabilities 336 50
VIIEXHIBIT OP CERTIFICATES OH POLICIESNUMBER AND AMOUNT
Total Business of 1897
No Amount
Policies or certificates in force December 81 1896 714 1248424 50
Policies or certificates written during the year 1897 1573 9968046 00
Total 2287 11216470 50
Deduct number and amount which have ceased to be in
force during 1897 1145 3110092 50
Total policies or certificates in force December 31
1897 1142 8106378 00
Losses and claims on policies or certificates unpaid De
cember 31 1896 12 301 38
Losses and claims on policies or certificates incurred dur
ing the year 1897 166 4811 83
Total 178 5113 21
Losses and claims on policies or certificates paid during
the year 1897 170 4259 98
NEW ENGLAND MUTUAL ACCIDENT ASSOCIATION BOSTON MASS
IBALANCE SHEET
Amount of net or ledger assets December 31st of previous
year 77847 99
IIINCOME MURING YEAR 1897
Gross amount paid by members to the asso
ciation or its agents without deductions for
commissions or other expenses as follows
1 Membership fees 13945 75
2 Annual dues 252 00
3 Assessment mortuary and disability 9056691
expense 11667321 207240 12
Total paid by members 221437 87
5 Interest 2200 21
7 Cash received from allother sources viz Re
insurance 8556 92
Total income 232195 00
Total 310042 99
IIIDISBURSEMENTS DURING YEAR 1897
1 Losses and claims detailed schedule filed 98378 29
2 Annual payments and assessments returned to
members including other payments returned 1806 96
Total paid to members 100185 22346
COMPTROLLERGENERALS REPORT
3 Commissions and fees retained by or paid to
agents including collection expense 63240 12
4 Commissions and fees paid to officers and direc
tors for attendance at monthly meetings 1125 00
5 Salaries and traveling expenses of managers of
agencies and general special and local agents 9346 73
6 Medical examiners fees whether paid direct by
members or otherwise 5402 83
7 Salaries and other compensation of officers and
office employees 23689 08
8 Rent 294996 taxes and fees 117157 4121 53
10 Advertising 286953 blanks and printing
278398 5653 51
11 All other items viz Furniture 56 adjust
ment expenses 454366 postage 206074
general expenses 266737 reinsurance
617347 legal expenses 166838 7841 84
Total expenses footings of items 3 to 11
12974841
Total disbursements 229933 63
Balance 80109 36
IVINVESTED ASSETS
2 Loans on bond and mortgage first liens on
real estate 4500 00
5 Cost value of bonds and stocks owned absolutely 34933 10
6 Cash in office 580 60
7 Cash deposited in banks Nat Bank of Com
merce 448704 Howard Nat Bank 26
95253 United States Trust Co 511425
New England Trust Co 70785 37261 67
8 Agents ledger balances 2833 99
Total net or ledger assets as per balance
above
Total net or ledger assets less depreciation
80109 36
80109 36
12
15
16
18
23
24
VCONTINGENT ASSETS
Interest due and accrued
Furniture fixtures and suppliesvalued at
Market value of bonds and stocks over cost
Due from members forclaims not yet assessed net 3650 00
Mortuary and disability assessments not yet due 7886 25
Net amount due from members
All other assets viz Due on account of reinsurance
334 01
5000 00
826 90
44466 25
500 00
Total assets 131236 52
VILIABILITIES
Losses in process of adjustment
Losses reported for which assessments have not been made J
number of claims 101 estimatedJ
Losses resisted by the company number of claims 6
16080 00
20500 00COMPTROLLERGENERALS REPORT
34
5 National State or other taxes due
6 For salaries rents and office expenses j estimated 1250 00
8 To officers or others for advances on account of expenses of
organization 500 00
9 Amount of all other liability 175 75
Total liabilities
38505 75
VIIEXHIBIT OP CERTIFICATES OR POLICIES
Total Business of 1897
Number Amount
Policies or certificates in force December 31 1896 11611 70672125 00
Policies or certificates written during the year 1897
including reinsurance 7528 48585150 00
Total
19139 119257275 00
Deduct number and amount which have ceased to be
in force during 1897
5209 32362750 00
Total policies or certificates in force Decem
ber 31 1897 13990 86894525 00
Losses and claims on policies or certificates unpaid
December 31 1896 7 21150 00
Losses and claims on policies or certificates incurred
during the year 1897 1442 113808 29
Total 1449 134958 29
Losses and claims on policies or certificates paid dur
ing 1897 1342 98378 29
Business in Georgia during 1897
Number Amount
Policies or certificates in force December 311896
Policies or certificates written during the year 1897
Total
Deduct number and amount which have ceased to
be in force during 1897
282 201 1883100 00 1219500 00
483 3102600 00
238 1536850 00
245 1565750 00
45 2422 11
45 2422 11
Total policies in force December 311897
Losses and claims on policies or certificates incurred
during the year 1897
Losses and claims on policies or certificates paid dur
ing the year 1897
Business in Georgia for Year Ending April 30 1898
Risks 1265250 00
Premiums 4833 18
Losses 8671 77
Tax 48 33348 COMPTROLLERGENERALS REPORT
THE NORTHWESTERN LIFE ASSURANCE COMPANY OF ILLINOIS
ILIABILITIES
Amount of net ledger assets December 31st of
previous year 1041879 04 1040468 84
Deduct 141020 agents credit balances of year
1896 accounts of gross debit balance in
cluded in above
IIINCOME DURING YEAR
As Shown by the Books at Home Office at Close of Business December 31
2 First years assessments or premiums
Expense 4957545 mortuary 95
50955 reserve 3329904 178384 04
3 Subsequent years assessments or pre
miums Expense 35870321 mortuary
155665289 reserve 25097141 for
other purposes 156878 recovered on
indemnifying bond on loss paid in a
previous year 2167896 29
4 Delinquent charges 3132 43
Total paid by members 2349412 76
5 Interest from mortgages 2157500 bonds
1714421 other sources 279370 41512 91
Total income during the year 2390925 67
Sum of both amounts 3431394 51
IIIDISBURSEMENTS DURING YEAR
As Shown by the Books at Home Office at Close of Business December 31
1 Death claims or installments paid 1767353 00
2 Disability sick or accident benefits 4
25000 4250 00
Total paid to members items 1 to 4 1771603 54
5 Commissions and fees retained by or al
lowed to agents on account of first
years fees dues assessments or pre
miums 11528852 subsequent years
1073782 126026 34
6 Commissions paid or allowed for collecting
assessments or premiums to banks or
collectors 13
7 Salaries and allowances of managers and
agents not paid by commissions 48
8 Salaries of officers 4766320 other com
pensation of officers 200000 board of
trustees 49
9 Salaries and other compensation of office
employees 82
10 Medical examiners fees whether paid di
rect by members or otherwise 11
638 20
788 34
663 20
631 49
886 00
COMPTROLLERGENERALS REPORT
349
11 Taxes on premiums 401918 insurance
department fees and licenses 215624
municipal licenses 25498 tax on fran
chise 3097 personal property tax
835 6469 72
13 Rents including for associations
use of own buildings less subleases 19039 52
14 Furniture 45157 legal expenses 5
83195 advertising stationery and print
ing 1130145 17584 97
16 AH other items viz Bonds redeemed
104283 incidental and miscellaneous
expense account 886390 legislative
committee 90604 postage 840619
refitting office 38379 traveling ex
penses 1546603 Mutual Life Under
writers executive committee 97309
suspense 18435 surrendered policies
1819112 advance assessments 2
91771 57335 05
Total expenses footings of items 5 to 16
43306283
Total disbursements 2204666 37
Balance 1226728 14
IVLEDGER ASSETS
As Per Ledger Accounts Shown by the Books at Home Office at Close of Busi
ness December SI
2 Loans on mortgages of real estate first
liens 60880000 608800 00
4 Book value of bonds excluding interest
36150486 361504 86
5 Cash in office 147521 deposited in banks
15698152 158456 73
Globe National Bank 3159631 Merchants
National Bank 6841076 Metropoli
tan National Bank 5697445
6 Agents debit balances 9254023 bills
receivable 850553 101045 76
Total 1229807 35
DEDUCT LEDGEB LIABILITIES
8 Agents and other credit balances 3
07921 3079 21
Total net ledger assets as per balance
on page 1 1226728 14
VNONLEDII E R ASS kts
10 Interest due 81600 ac
crued 8575 9391 73
11 Interest due accrued
171665 1716 65 11108 38350
COMPTROLLERGENERALS REPORT
14 Market value of bonds not
including interest and
stocks over book value
15 Mortuary assessments due
on last call made within
sixty days on insurance
in force
16 Mortuary assessments to
become due on post
mortem claims not ex
ceeding one assessment
nor the amount of post
mortem claims not as
sessed for per item 4 of
liabilities
18 Total nonledger assets
4693 89
4693 89
30000 00
175500 00 205500 00
221302 27
Gross assets 1448030 41
DEDUCT ASSETS NOT ADMITTED
2 Agents debit balances not secured by
bonds 7445815 bills receivable not
secured 850553
Total
82963 68
82963 68
Total admitted assets 1365066 73
VINONLEDGEB LIABILITIES
1 Losses on stipulated prem pols due and
unpaid 100000 adjusted not due 12
10000 13100 00
2 Losses on stipulated prem pols not ad
justed 6350000 resisted 1950000 83000 00
3 Losses on post mortem pols due and un
paid 291666 adjusted not due 195
20000 198116 66
4 Losses on post mortem pols not adjusted
16550000 resisted 1000000 175500 00
5 Present value future payments on install
ment policy claims face 500000 dis
counted at 3 per cent 4393 05
9 Premiums or assessments paid before due 13909 90
10 Advance insurance or reserve fund on
limited payment policies which is
largely in excess over associations
whole life rates of all premiums received
on any form of advance limited pay
ment or deposit policies and 4 per cent
accumulated interest thereon 113905 86
11 All other liabilities viz Suspense 78 90
12 Total liabilities
Balance to protect contracts
602004 37
763062 36COMPTROLLERGENERALS REPORT 351
Comprised under the following funds
13 Mortuary fund less amount thereof in
cluded in liabilities and in assets not
admitted 41792 10 j
14 Reserve fund less amount thereof in
cluded in liabilities and in assets not
admitted 33589 75
16 Guarantee fund less amount thereof in
cluded in liabilities and in assets not mSk
admitted 424235 65
17 General or expense fund less amount
thereof included in liabilities and in
assets not admitted 263444 86
Total special funds 763062 36
Policies or certificates in force
VIIEXHIBIT OF CERTIFICATES OR POLICIES
Total business of the year Business in Georgia during the year
No Amount No Amount
December 31 beginning
of year 40104 115272000 00 428 974500 00
Policies or certificates written
or increased during the
calendar year 4342 11968900 00 467 861400 00
Total 44446 127240900 00 895 1835900 00
Deduct decreased or ceased
to be in force during
year 9729 28765500 00 232 511000 00
Total policies or certifi
cates in force last De
cember 31 end of year 34717 98475400 00 663 1324900 00
Losses and claims unpaid
December 31 beginning
of vear 164 474700 00 4 7000 00
Losses and claims incurred
during the calendar year 522 1783500 00 2 6000 00
TotaI 686 2258200 00 6 13000 00
Losses and claims paid scaled
down and compromised
during the year 557 1783483 34 6 13000 00
Losses and claims outstand
ing unpaid last Decem
ber 31 end of year 129 474716 66
Premiums and assessments
collected during year 25 455 63
Delinquent charges 20 41
BUSINESS IN GEORGIA FOR YEAR ENDING APRIL 30 1898
Risks 1006500 00
Premiums 29302 47
bosses 19000 00
Tax 293 02
23c352 COMPTROLLERGENERALS REPORT
THE SECURITY MUTUAL LIFE ASSOCIATION BINGHAMTON N Y
IBALANCE SHEET
Amount of net or ledger assets December 31st of previous
year 437102 24
IIINCOME DURING YEAR
As Shown by the Boohs at Home Office at Close of Business December SI
Gross amount paid by members to the association or its
agents without deductions for commissions or other
expenses as follows
2 First years assessments or premiums Ex
pense 180850 92
3 Subsequent years assessments or pre
miums Expense 8075503 mortuary
17982524 reserve 6825258 328832 85
Total paid by members 509683 77
5 Interest from mortgages 1326565 bonds
and stocks 167910 other sources
73695 15681 70
6 Rents 1144 50
8 From all other sources viz Exchange 202 14
Total income during the year 526712 11
Sum of both amounts 963814 35
IIIDISBURSEMENTS DURING YEAR
As Shown by the Books at Home Office at Close of Business December SI
1 Death claims or installments paid 172747 08
2 Disability sick or accident benefits 312 50
3 Advanced payments returned to applicants 94 38
4 Paid members for dividends 552812 for
surrender values 21803 5746 15
Total paid to members items 1 to 4 178900 11
5 Commissions and fees retained by or paid
or allowed to agents on account of first
years fees dues assessments or pre
miums 17471738 subsequent years
1102524 185742 62
6 Commissions paid or allowed for collecting
assessments or premiums to banks or
collectors 12621 19
7 Salaries and allowances of managers and
agents not paid by commissions 3530 98
8 Salaries of officers 7990 43
9 Salaries and other compensation of office
employees 14666 41
10 Medical examiners fees whether paid
direct by members or otherwise 15135 50
11 Taxes on premiums 143986 insurance
department fees and licenses 110090
tax on franchise 83097 3371 73COMPTROLLERGENERALS REPORT
353
12
13
14
16
Taxes on real estate and investments
17184 expenses and repairs on real
estate 20734
Rent less subleases
Furniture 38104 legal expenses 357220
advertising and printing 567966
All other items viz Traveling 340087
general office expense 673814 postage
215317 expense investigating risks
396898 accrued interest 74766
Total expenses footings of items 5 to 16
27517823
379 18
5098 97
9632 90
17008 82
Total disbursements
Balance
IVLEDGER ASSETS
As per Ledger Accounts Shown by the Books at Home Office
at Close of Business December 31
1 Book value of real estate unincumbered 9966 45
2 Loans on mortgages of real estate first
liens 241100 00
3 Loans secured by pledge of bonds stocks
or other collateral 1500 00
4 Book value of bonds excluding interest 111000 00
5 Cash in office 1004230 deposited in bank
8640941 Mercantile National of New
York City 1743059 Strong State Bank
992642 Ohenango Valley 300000
Susquehanna Valley 5605240 96451 71
Total 530314 92
Deduct Ledger Liabilities
8 Agents credit balances 20578 91
9 Total net ledger assets as per balancea bove
VNONLEDGER ASSETS
10 Interest due 71000 accrued 296059
on mortgages
11 Interest accrued on other assets
15 Mortuary assessments due on last call
made within sixty days on insurance in
force
3670 59
780 42
71182 00
18
Total nonledger assets
Gross assets
Deduct Assets Not Admitted
2 Agents debit balance not secured by bonds 14596 09
6 Total
Total admitted assets
454078 34
509736 01
509736 01
75633 01
585369 02
14596 09
570772 93354 COMPTROLLERGENERALS REPORT
VNONLEDGER LIABILITIES
2 Losses on stipulated premium policies not
adjusted 2750000 resisted 200000 29500 00
5 Present value future payments on install
ment policy claims face 4208560 dis
counted at 4 per cent 37355 29
7 Salaries rents expenses bills accounts
bonuses commissions fees etc due or
accrued 9632 12
12 Total liabilities 76487 41
Balance to protect contracts 424285 52
Comprised under the following funds
13 Mortuary fund less amount thereof in
cluded in liabilities and in assets not
admitted 120701 42
14 Reserve fund less amount thereof included
in liabilities and in assets not admitted 394884 84
17 General or expense fund less amount
thereof included in liabilities and in
assets not admitted 48699 26
Total special funds 494285 52
VIIEXHIBIT OP CERTIFICATES OK POLICIES
Total Business of the Year Business in State of Georgia
During Year
Number Amount Number Amount
Policies or certificates in force De
cember 31 beginning of year 10051 22619563 50 163 361500 00
Policies or certificates written or
increased during the calendar
year 4321 8411672 15 45 97500 00
Total 14372 31031235 65 208 449000 00
Deduct decreased or ceased to be in
force during year 3339 7706597 65 104 204500 00
Total policies or certificates in
force last December 31 end
of year 11033 28324638 00 104 244500 00
Losses and claims unpaid Decem
ber 31 beginning of year 8 64666 66
Losses and claims incurred during
the calendar year 86 210397 65
Total 94 275064 31
Losses and claims paid scaled
down and compromised during
the year 84 173059 58
Losses and claims outstanding un
paid last December 31 end of
year 9 66855 29
Premiums and assessments col
lected during year 509683 77 5269 11COMPTROLLERGENERALS REPORT 365
BUSINESS IN GEORGIA FOR YEAR ENDING APRIL 30 1898
Risks 77500 00
Premiums 5040 25
Losses 2000 00
Tax 50 40
STATE LIFE INSURANCE COMPANY INDIANAPOLIS IND
ICAPITAL STOCK
Amount of net or ledger assets December 31
of previous year
Extended at
91098 58
91098 58
IIINCOME DURING THE YEAR
I Cash received for premiums
on new policies without
deductions for commis
sions or other expenses 64355 87
lCash received for renewal
premiums without deduc
tions for commissions or
other expenses 76877 49
3 From dividends applied to
pay running premiums 20589 20
Total 161822 56
7 Total premium income 161822 56
8 Cash received for interest on mortgage
loans 707 50
10 Cash received for interest on premium
notes loans or liens 1080 11
II Cash received for interest on other debts
due the company and on deposits in
Trust Company 306 45
Total income
IIIDISBURSEMENTS DURING YEAR 1897
1 Cash paid for death claims
including revisionary ad
ditions 20000 00
Total net amount actually paid for
losses and matured endowments 20000 00
11 Cash dividends applied to pay running pre
miums 20589 20
Total paid policyholders 4058920
17 Cash paid for commissions and bonuses to
agents less cotnmmission on reinsur
ances 64622 72
18 Cash paid for salaries and allowances to
managers and agents 2230 85
163916 62356
COMPTROLLERGENERALS REPORT
19 Cash paid for medical examiners fees
578050 inspection of risks 5870 50
20 Cash paid for salaries and all other com
pensation of officers and other home
office employees 21837 43
22 Cash paid for taxes on reserves on
investments 434 28
23 Cash paid for insurance department fees
and agents licenses 70370 municipal
licenses 8250 786 20
24 Cash paid for rent including companys
occupancy less received under sublease 1750 50
26 Cash paid for furniture fixtures and safes
for home and agency offices 755 55
27 Cash paid for advertising 104688 print
ing 157313 2620 01
28 Cash paid for real estate expenses other
than taxes 776 for legal expenses
121694 1224 70
29 Cash paid for the following items viz
stationery 34652 directors salaries
65000 traveling expenses 226622
miscellaneous expenses 194678 5209 52
Total miscellaneous expenses 10734222
Total disbursements 147931 42
Balance 107083 7 s
Invested in the following
IVLEDGER ASSETS
2 Loans on mortgage first liens on real
estate
7 Cash in companys office
8 Cash deposited in banks and Marion Trust
Company
9 Bills receivable
10 Agents ledger balances of which 113149
was advanced during the year
Cash deposited with the State of Missouri
Certificates of deposit Marion Trust Co
Total net or ledger assets as per bal
ance above
Total net or ledger assets less depreciation
65300 00
1536 82
24746 82
5119 39
1131 49
1000 00
8250 00
107083 78

OTHER ASSETS
14 Interest due and accrued 79745 on
mortgages
Total carried out
797 45
797 45COMPTROLLERGENERALS REPORT
357
23 Gross premiums due and un
reported on policies in
force December 31 1897
24 Gross deferred premiums on
policies in force December
31 1897
Totals
25 Deducting loading GO per
cent on new and 3 per
cent on renewals
26 Net amount of uncollected
and deferred premiums
New Business
68418 50
163 75
68582 25
41149 35
27432 90
Renewals
14276 08
8074 68
22350 76
670 52
21680 24
Deduct unapplied cash 236 55
Extended 46745 59
Renewal premium notes secured by lien on policies in
force 2515 40
Total assets as per the books of the company 157142 22
ITEMS NOT ADMITTED
5 Agents balances
7 Bills receivable
Total
Total assets less itetois not admitted
1131 49
5119 39
6250 88
150891 34
V NONLBDGEK LIABILITIES
Net present value of all the outstanding
policies in force on 31st day of December
1897 computed according to the Actu
aries Table of Mortality with four per
cent interest and American Exp 4
87533 14
Net reinsurance reserve
Current accounts medical examinations printing etc
not due
17
18
19
Liabilities on policyholders account
Gross surplus on policyholders account
Total liabilities
Business in Georgia During 1897
No
Number and amount of policies on the lives of citizens
of Georgia in force December 31 of previous year 38
Number and amount of policies on the lives of citizens
of Georgia issued during the year 227
87533 It
742 82
88275 96
62615 38
150891 34
Amount
190000 00
1115000 00
Total 265 1305000 00358
COMPTROLLERGENERALS REPORT
Deduct number and amount which have ceased to
be in force during the year
47 235000 00
Total number and amount of policies in
force in Georgia December 31 1897 218 1070000 00
What amount of premiums Was collected or secured in Georgia during thf
year in cash and notes or credits without any deductions for losses
dividends commissions or other expenses Answer Cash 750606
notes or credits 1351970 total 2102576
BUSINESS IN GEORGIA FOR YEAR ENDING APRIL 30 1898
Risks 955500 00
Premiums 23589 19
Tax 235 89
TRADERS AND TRAVELERS ACCIDENT COMPANY
NEW YORK N Y
IBALANCE SHEET
Amount of net or ledger assets December 31 of previous
year 1593988 office furniture 250733 agentsledger
balance 56043 total 306276 which should have been
deducted from total net assets of 1896
IIINCOME DURING YEAR 1897
Gross amount paid by members to the asso
ciation or its agents without deductions
for commissions or other expenses as
follows
1 Membership fees
2 Annual dues
3 Assessments
Total paid by members
5 Interest
7 Cash received from all other sources viz
Hotel handbooks
4598 50
218 00
36463 09
41279 59
296 82
2 00
Total income
Total
IIIDISBURSEMENTS DURING YEAR 1897
1 Losses and claims
14799 69
Total paid to members
5 Salaries and traveling expenses of managers
of agencies and general special and local
agents
6 Medical examiners fees whether paid direct
by members or otherwise
7 Salaries and other compensation of officers
and other office employees
8 Rent 171000 taxes 1368 commuted
commissions
12945 72
591 00
362 19
7964 28
1723 68
12877 12
41578 41
54455 53COMPTROLLERGENERALS REPORT
359
10 Advertising 24895 blanks and printing
91185 1160 80
11 All other items viz Insurance department
fees and licenses 9900 books and sta
tionery 25286 surety bonds 5000
postage and exchange 115006 office
furniture 3025 canceled policies
11315 miscellaneous expenses 79192
legal expenses 168751 total 4175 28
Total expenses footings of items 3 to
11 2892295
Total disbursements
Balance
43722 64
10732 89
IVINVESTED ASSETS
6 Cash in office
7 Cash deposited in banks on reserved fund
account
Washington Trust Company guarantee
fund
Washington Trust Company advance
deposit
Central National Bank
787 55
8000 00
1220 28
725 06
Total
Total net or ledger assets less depreciation
VCONTINGENT ASSETS
16 Due from members for claims not yet assessed 11500 00
23 Net amount due from members
Total assets
VILIABILITIES
3 Losses reported for which assessments have not been made
number of claims 22 probable liability
4 Losses resisted by the company number of claims 4
9 Amount of all other liability viz Members advance de
posit
Total
Total liabilities
10732 89
10732 89
11500 00
22232 89
1000 00
10500 00
1220 28
12720 28
9512 61
VIIEXHIBIT OF CERTIFICATES OR POLICIESNUMBER AND AMOUNT
Total Business of 1897
No Amount
Policies or certificates in force December 31 1896 2471 13519000 00
Policies or certificates written during the year 1897 2505 10504000 00
Total 4976 24023000 00
Deduct number and amount which have ceased to be in
force during 1897 1739 8455000 00
Total policies or certificates in force December 311897 3235 15568000 00360
COMPTROLLERGENERALS REPORT
Losses and claims on policies or certificates unpaid De
cember 31 1896 3
Losses and claims on policies or certificates incurred
during the year 1897 251
Total 257
Losses and claims on policies or certificates paid during
the year 1897 236
1400 00
20099 69
21499 69
14799 69
Business in Georgia
during 1897
No Amount
Policies or certificates in force December 31 1896 118 605000 00
Policies or certificates written during the year 1897 267 1386000 00
Total 385 1991000 0O
Deduct number and amount which have ceased to be in
force during 1897 183 929000 00
Total policies in force December 31 1897 202 1062000 00
Losses and claims on policies or certificates incurred
during the year 1897 31 1185 99
Losses and claims on policies or certificates paid during
the year 1897 31 ijl85 99
BUSINESS IN GEORGIA FOR YEAR ENDING APRIL 30 1898
isks 1410000 00
Premiums 2629 00
ses 1238 89
iax 26 2
WESTERN MUTUAL LIFE ASSOCIATION CHICAGO ILL
IBALANCE SHEET
Amount of net or ledger assets Dec 31st of previous year
IIINCOME DURING YEAR 1897
Gross amount paid by members to the as
sociation or its agents without deduc
tions for commissions or other expenses
as follows
1 Membership fees 187145 81
2 Annual dues 12526 88
3 Assessments 72833 26
Total paid by members
5 Interest
272505 95
511 47
38508 53
Total income
Total
IIIDISBURSEMENTS DURING YEAR 1897
1 Losses and claims 16875 00
2 Annual payments and assessments re
turned to members rejected 751813
surrender values 146495 8983 08
273017 42
311526 00
Total paid to members
25858 08COMPTROLLERGENERALS REPORT
361
3 Cotamissions and fees retained by or paid
to agents 7487126 subsequent years
288065 77751 91
4 Commissions and fees retained by or paid
to officers and directors 1018 15
5 Salaries and traveling expenses of man
agers of agencies and general special
and local agents 55592 89
6 Medical examiners fees whether paid di
rect by members or otherwise 9315 00
7 Salaries and other compensation of officers
and other office employees 27394 59
8 Rent 287544 license 86715 com
muted commissions 3742 59
10 Advertising blanks and printing
437683 legal expenses 198238 6359 21
11 All other items viz Furniture 127948
library 6275 postage 285349 tele
phone and telegraph 95859 miscellan
eous expense 165322 incidental ex
pense 67937 7486 90
Total expenses footings of items 3 to 11
18866124
Total disbursements
Balance
214519 32
97006 68
IVINVESTED ASSETS
1 Interest bearing loans being liens on poli
cies and secured by advance deposits un
der policies the deposits being reported
as a liability
3 Bills receivable being liens on policies se
cured by advance deposits under poli
cies the deposits being reported as a
liability
5 Cost value of bonds and stocks owned ab
solutely
6 Cash in office
7 Cash deposited in banks Hibernian Bank
ing Association 3852659 Chicago Title
Trust Co 500000 Milwaukee Avenue
State Bank 1049720 American Trust
and Savings Bank 500000 all of Chi
cago 111
8 Agents debit balances 624024 bills re
ceivable not paid 1895994 since
paid 338481 2234475
9 All other ledger assets viz Interest bear
ing loans secured by liens on policies
but not reported as a liability 404628
open accounts 1479
10 Total net or ledger assets
4799 79
4058 72
1000 00
2374 63
59023 79
28584 99
4061 07
103902 99362 COMPTROLLERGENERALS REPORT
11 Less agents credit balances 287318 all
other 120833 applicants advance pay
ments policies in process of being writ
ten 281480 6896 31
Total net or ledger assets less depre
ciation 97006 68
VCONTINUED ASSETS
12 Interest accrued on other assets 1131 20
17 Mortuary assesselments due and unpaid on
memberships in force 832 45
18 Furniture and fixtures 223640 supplies
printed matter stationery 102216 3258 56 5222 21
Total assets 102228 89
VILIABILITIES
2 Losses in process of adjustment or adjusted and not due 2000 00
6 For salaries rents and office expenses 10 053 39
Total liabilities 12 053 39
VIIEXHIBIT OF CERTIFICATES OR POLICIES
Total Business 1897
No Amount
Policies or certificates in force December 31 1897 1549 3124031 50
Policies or certificates written during the year 1897 2120 6959408 00
Total 3669 10083439 50
Deduct number and amount which have ceased to be in
force during 1897 802 1976277 50
Total policies or certificates in force Decem
ber 31 1897 2867 8107162 00
Losses and claims on policies or certificates unpaid De
cember 31 1897 2 3000 00
Losses and claims on policies or certificates incurred
during the year 1897 5 17000 00
Total 7 20000 00
Losses and claims on policies or certificates paid dur
ing the year 1897 6 18000 00COMPTROLLERGENERALS REPORT 363
THE JETNA LIFE INSURANCE COMPANY HARTFORD CONN
ICAPITAL STOCK
1 Amount of capital stock author
ized 200000000 subscribed
for 1750000 00
2 Amount of capital paid up in cash 1750000 00
Amount of net ledger assets December 31st
of previous year43481046 66
Extended at 43481046 66
IIINCOME DURING YEAR
As Shown by Books at Home Office December 31
Accident
2 Gross premiums written and re
newed during year 604929 63
Total 604928 63
4 Entire premiums collected dur
ing the year 604928 63
5 Deduct reinsurance and return
premiums 13953 45
6 Net cash actually received for
premiums carried out 590975 18 590975 Iff
8 Interest on loans on mortgages of real es
tate 13328 43
11 Interest upon other debts due the company
and on deposits in bank 144 91
Total
Less accrued interest paid on certain loans
Net total interest
13473 34
195 43
13277 91
m ii a u Accident department 604253 09
Total income during the year j Life p 7893298 80
Sum 51978598 55
IIIDISBURSEMENTS DURING YEAR
As Shown by Books at Home Office December 31
Accident
1 Gross amount paid for claims except week
ly indemnity and specific indemnity 119524 01
2 Gross amount paid for weekly or other spe
cific indemnity 151221 67
Total
3 Deduct reinsurances salvages and recov
eries on losses previously paid
Net paid policyholders
5 Commissions or brokerage to agents less
received on reinsurance
270745 68
7855 35
262890 33 262890 33
186941 65864 COMPTROLLERGENERALS REPORT
6 Salaries traveling and all expenses of
agents and agencies not on commission
account 14972 13
7 Medical examiners fees and salaries 2
95789 inspections 2957 89
8 Salaries and all other compensation of offi
cers and home office employees
1571535 15715 35
9 Taxes on premiums 649573 insurance
department fees and agents licenses
66960 municipal licenses 59553 7760 86
10 Rent 6144 86
11 Legal expenses 721 19
12 Furniture and fixtures 89553 advertising
25645 printing and stationery 686280 8014 78
14 All other items viz Postage and exchange
641732 express 122503 expense
73368 loss expense 449606 profit
and loss 36176 agents balances 13233 85
Total miscellaneous expenses 256462 56
Total disbursements j iA0nt Ptment 519352 89
Life department 6110756 05
Total 6630108 94
Balance 45348489 61
IVLEDGER ASSETS
As per Ledger Accounts Shown by the Books at Home Office at Close of
Business December 31
1 Book value of real estate unincumbered 511681 00
2 Mortgage loans on real estate first liens 24542856 65
3 Loans secured by pledge of bonds stocks
or other collaterals 441090 70
4 Book value of bonds excluding interest
1118210140 and stocks 189261649 13074717 89
5 Cash in companys office 52585659 de
posited in banks 432348356 4849340 15
Loans to policyholders on this companys
policies assigned as collateral 1289865 00
Premium notes on policies in force 596167 70
6 Bills receivable 1809259 agents debit
balances 3573209 53824 68
Total 45359543 77
DEDUCT LEDGER LIABILITIES
8 Agentscredit balances 105099 borrowed
money all other 1000317 11054 16
Total net ledger assets 45348489 61
NONLEDGER ASSETS
10 Interest due 11457459 and accrued 485
40630 on mortgages 599980 89
11 Interest due 1711845 and accrued 97
54559 on bonds and stocks 114664 04COMPTROLLERGENERALS REPORT
365
12 Interest due and accrued 172822 on
collateral loans 1728 22
13 Interest due 2862391 and accrued
on other assets 28623 91
14 Rents due 279324 and accrued 3125 on
companys property or lease 2824 49
15 Interestdueonpremiumnotesloansorliens 229358 16
Total outstanding interest
17 Market value of bonds and stocks over book value not in
cluding interest in item 11
18 Gross premiums in course of collection to wit Net
amount of uncollected and deferredpremiums
Gross assets
DEDUCT ASSETS NOT ADMITTED
3 Agents debit balances unsecured 11
84642 bills receivable unsecured 22500 12071 42
4 Commissions payable to agents on premium
notes when due 414 35
977179 71
878098 88
393684 68
47597452 88
Total
Total admitted assets
VNONLEDGER LIABILITIES
In process of adjustment
Resisted by company on its own account
not outlawed
12485 77
47584967 11
Accident
26172 35
36965 00
Aggregate of unpaid claims and expenses
4 Gross premiums upon all unexpired risks
running one year or less from date of
policy
Accident premiums 378693
37 unearned portion 50 per
cent 189346 68
Total one year or less
5 Gross premiums upon all unexpired risks
running more than one year from date of
policy
Accident premiums 543277
unearned premium by special
tables 10153 00
Total more than one year
63137 36
189346 68
10153 00
199499 68
Total
Deduct reserve on risks reinsured in
other solvent companies 1960 04
6 Total unearned premiums as computed above carried
out
11 All other liabilities viz Total liability life department
Total amount of all liabilities
12 Jointstock capital actually paid up in cash 1750000 00
13 Surplus beyond capital and other liabilities 5137873 70
Total
197539 64
40436416 41
40697093 41
6887873 70
47584967 11366
COMPTROLLERGENERALS REPORT
BUSINESS IN THE STATE OP GEORGIA DURING THE YEAR
Accident
Risks written 5439500 00
Premiums received 13791 35
Losses paid llgg 66
Losses incurred 13138 66
Amount at riskEnd of year 1828000 00
BUSINESS IN GEORGIA FOR YEAR ENDING APRIL 30 1898
Rsks 5187000 00
Premiums 13122 42
Losses 799 02
Tax 131 22
THE AMERICAN SURETY COMPANY OF NEW YORK N Y
ICAPITAL STOCK
1 Amount of capital stock paid up in cash 2500000 00
2 Amount of capital subscribed but unpaid 2500000 00
Amount of net or ledger assets December 31st
of previous year 4983017 05
Increase of indebtedness during 1897 155281 29
Extended at 5138298 34
1 Gross premiums unpaid De
cember 31 last year
2 Gross premiums on risks
written and renewed dur
ing the year
IIINCOME DURING YEAR
Fidelity
38338 05
Total
S Deduct gross premiums in
course of collection at
this date
4 Entire premiums collected
during the year
5 Deduct reinsurance abate
ment rebate and return
premiums
6 Net cash actually received for
premiums carried out
7 Interest on loans on mortgages
8 Interest on collateral loans
9 Interest and dividends on stocks and
bonds
10 Interest upon other debts due the com
pany
11 Rents
42413 39
694691 35
86900 87
607790 48
Surety
108240 77
698766 69 704786 80
737104 74 813027 57
111494 65
701532 92
178338 28
253194 641130985 12
750 00
6234 56
37576 00
1214 57
243930 02
Total interest 289 705
IECOMPTROLLERGENERALS REPORT
12 Profit on securities actually sold during
the year over cost 4350 00
13 Cash recovered from losses paid in pre
vious years 6234 56
16 Income from all sources viz
367
68607 07
17 Total income actually received during the year in cash 1489297 34
Aggregate last balance and income 6627595 68
IIDISBURSEMENTS DURING THE YEAR
Fideliiy 8urety
1 Gross amount paid for ma
tured claims other than
weekly indemnity
Total
3 Deduct salvages and rein
surances
254085 70
254085 70
612225
579851 92
579851 92
344689 09
247963 45
4 To stockholders for interest or dividends
8 per cent
5 For commission to agents
6 For salaries traveling and all expenses of
agents and agencies not on commission
account
7 For medical examiners fees and salaries
for inspections 3747624
8 For salaries and all other compensation
of officers 6150000 and home office
employees 13821113
9 For taxes on premiums 1149848 taxes
on property 7305079 insurance de
partment fees 6179038
Agents licenses 48107 municipal li
censes 214389
10 For rent less received under sub
lease
11 For legal expenses 597759 real estate
expenses 7367289
12 For furniture and fixtures 169699 inter
est 622203
13 For advertising 427461 and general
print and stationery 1155400
14 Losses on securities actually sold under
cost
35 All other expenses
235162 83 483126 28
200000 00
51626 57
164268 78
37476 24
199711 13
86339 65
2624 96
77510 00
79650 48
7919 02
15828 61
7928 12
39210 96
16
Total miscellaneous expenses 970094 52
Total disbursements 1453 220 80
Balance 5174374
24cg68 COMPTROLLERGENERALS REPORT
IIIASSETS
As Per Ledger Accounts
1 Cost value of real estate unincumbered
348105006 incumbered f2569798 3506748 04
2 Loans on mortgage first liens on real
15000 00
3 Loans secured by pledge of bonds stocks
or other marketable collaterals 110953 06
4 Cost value of bonds and stocks owned
1493311 59
1270 68
47091 51
11 Total net or ledger assets as per balance
5174374 88
OTHEB ASSETS
12 Interest due and accrued 18750
187 50
13 Interest due 1418300 and accrued
14183 00
14 Interest due 36000 and accrued 43424
794 24
15 Interest due 6802109 and accrued
68021 09
16 Rents due 1554915 and accrued 7
76667 on companys property or lease 23315 82
106501 65
19 Market value of real estate over cost 94861 50
20 Gross premiums in course of collection
to wit
9 4 Fidelity premiums 42 413 39 42413 39 111494 65

29 Net amount of outstanding premiums 30 Total assets as per the books of the com 153908 04
pany 5529646 07
IVLIABILITIES
Fidelity in process of adjustment 13007744 resisted by
company on its own account 16560786 4 Gross premiums upon all unexpired risks 295685 30

running one year or less from date of
policy Fidelity premiums 54327000
Surety 56350600 unearned portion 50
per cent 27163500 28175300 total
553388 00
5 Gross premiums upon all unexpired risks
running more than one year from date
of policy Surety premium 9374500
unearned premium pro rata 7109601
71096 01
6 Total unearned premiums as computed
624484 01
COMPTROLLERGENERALS REPORT 369
10 Due and to become due for borrowed money 27500000
interest thereon all paid 275000 00
All other indebtedness 5265057 52650 57
Total amount of all liabilities except capital stock 1247819 88
11 Joint stock capital actually paid up in cash 2500000 00
12 Surplus beyond capital and other liabilities 1781826 19
13 Aggregate amount of all liabilities including paid up
capital stock and net surplus 5529646 07
BUSINESS IN THE STATE OF GEORGIA DURING THE YEAR
Risks Premiums L sses Liscos
Wriiten Rec ivpd Paid Innnrred
Fidelity 2330900 00 7923 61 1647 31 4183 42
Surety 562875 00 3173 71 5599 34 5599 34
BUSINESS IN GEORGIA FOR YEAR ENDING APRIL 30 1898
Risks 2967300 00
Premiums 11430 38
Losses 2812 02
Tax 114 30
AMERICAN BONDING AND TRUST COMPANY OF BALTIMORE MD
ICAPITAL
1 Whole amount of capital stock 1000000 00
2 Amount paid up in cash 500000 00
IIASSETS
1 Book value of real estate owned by the company less the
amount of ineumbranees thereon
9 Total par and market value of
stocks and bonds owned abso
lutely by the company carried
out at market value 565636 48 575047 00
12 Cash in companys principal office
13 Cash belonging to the company deposited in the American
National Bank 8196 79
Farmers and Merchants Bank 4063 33
15
16
18
Total cash items
Interest due and accrued on stocks not included in
ket value uncollected
Market value of stocks over cost value
Interest due and accrued on other assets
Net premiums in course of collection
Bills receivable not matured
Furniture and fixtures
All other assets 290932 charged to profit and loss
47559 78
565636 48
1459 43
13719 55
2720 83
9410 52
1318 59
24755 15
2164 44
6000 00
Total assets of the company actual cash market value 673285 34370
COMPTROLLERGENERALS REPORT
10
11
19
20
24
IIILIABILITIES
Gross premiums without any deduction
received and receivable on all unexpired
fidelity risks 146240 60
Total unearned premiums as computed above carried out
50 per cent
All other demands against the company absolute and
contingent due and to become due admitted and con
tested viz Collateral deposits
Return premiums 3004 prepaid premiums 2836
Total amount of all liabilities except capital stock
scrip and net surplus
21 Joint stock capital actually paid up in cash
23 Surplus beyond capital and all other liabilities
Aggregate amount of all liabilities including capital
paid up and net surplus
lyINCOME DURING THE YEAR
On Fidelity Risks
Entire premiums collected during the year 147312 43
8 Deduct reinsurance and return premiums 6338 55
9 Net cash actually received for premiums carried out
11 Received interest and dividends on stocks and bonds
Interest on other debts due company
Profit on sales over book value 2851 42
Trust income commissions etc 9400 65
Collateral deposits 887911
13 Received for calls on capital
Aggregate amount of income actually received dur
ing the year in cash
VEXPENDITURES DURING THE YEAR
On Fidelity Bisks
73120 30
16266 60
58 40
89445 30
500000 00
83840 04
673285 34
7
140973 88
18420 00
1448 11
21131 18
181973 17
15
181973 17
1 Gross amount paid for losses
2 Deduct all amounts actually received for
salvages whether on losses of the last or
of previous year and all amounts actu
ally received for reinsurance in other
companies
80122 50
3765 30
3
7
Net amount paid during the year for losses
Paid for commission or brokerage
Paid for salaries fees and other charges of officers clerks
agents and all other employees
8 Paid for State national and local taxes in this and other
States and insurance department fees
9 All other payments and expenditures viz Legal ex
penses 409750 advertising 223905 stationery
233691 general expense 219230 postage 215156
detection and arrest 113894
Rent of office
Aggregate amount of actual expenditures during the
year in cash
26357 20
17571 78
46985 45
10685 15
14156 26
6999 96
122755 80COMPTROLLERGENERALS REPORT 371
Business in the State of Georgia during the year
Fidelity risks written 260033 33
Premiums received gross 2622 96
BUSINESS IN GEORGIA FOR YEAR ENDING APRIL 30 1898
Risks374354 12
Premiums 2648 78
Tax 2648
THE AMERICAN CREDITINDEMNITY COMPANY OF NEW YORK
ICAPITAL STOCK
1 Whole amount of capital stock 200000 00
2 Amount paid up in cash 200000 00
200000 00
IIASSETS
Total par and market value of stocks and bonds owned ab
solutely by the company
12 Cash in companys principal office
13 Cash belonging to the company deposited
in bank The Merchants Laclede
National Bank
The Third National Bank
1475 64
101640 18
18460 52
Total cash items 121576 34
14 Amount of premium notes upon which policies have been
issued
15 Interest due and accrued on bonds not included in
market value uncollected
16 Value of accounts purchased on payment of losses
17 Gross premiums in course of collection
18 Agents balances
Deductions
Agents balances
Premium notes considered doubtful
213875 00
121576 34
1000 00
1000 00
17502 50
49440 00
7650 68
425245 97
7650 68
1703 03 9353 71
Total assets of the company actual cash market value
415892 26
11
IIILIABILITIES
Losses due and unpaid 10850 00
Net amount of unpaid losses 10850 00
Gross premiums without any deduction received and re
ceivable upon all unexpired credit risks running one
year or less from date of policy 24492056 unearned
premiums fifty per cent 122460 28
Total unearned premiums as computed above carried out 122460 28372
COMPTROLLERGENERALS REPORT
19 All other demands against the company absolute and
contingent due and to become due admitted and con
tested viz Taxes
Agents commissions
Total
21 Joint stock capital actually paid up in cash
23 Surplus beyond capital and all other liabilities
24 Aggregate amount of liabilities including capital paid
up and net surplus
300 00
2364 81
135975 09
200000 00
79917 17
415892 26
IVINCOME DURING THE YEAR
1 Gross premiums and bills
in course of collection
at close of last previous
year as shown by that
years statement
2 Deduct amount of same
not collected
3 Net collected
4 Gross premiums on risks
written and renewed
during the year as
shown in risk and pre
mium exhibit
5 Total
6 Deduct premiums and bills
in course of collection at
this date
7 Entire premiums collected
during the year
8 Deduct return premiums
Credit risks
36135 00
23905 00
12230 00
250857 00
263087 00
49440
213647 00
4530 83
9 Net cash actually received
for premiums carried
out 209116 17
10 Received for interest on bonds and mortgages
12 Income received from all other sources omitting increase
if any in value of securities viz Sale of bonds
43750 accounts purchased on payment of losses
Jl93734 total
15 Aggregate amount of income actually received during
the year in cash
209116 17
9337 79
2374 84
220S28 80COMPTROLLERGENERALS REPORT
VEXPENDITURES DURING THE YEAR
3 Net amount paid during the year for losses
6 Paid for commissions on brokerage
8 Paid for State national and local taxes in this and other
States
9 All other payments and expenditures viz Rent 2
37650 legal expense 716204 office fixtures 43843
advertising 244785 printing 168632 postage
136375 traveling 151539 expense 259978 tele
graph 84411 exchange 20360 mercantile agencies
281500 total
Aggregate amount of actual expenditures during the
year in cash
BUSINESS IN THE STATE OP GEORGIA DURING THE YEAR
Fire marine and inland risks written
Premiums received gross
BUSINESS IN GEORGIA FOR YEAR ENDING APRIL 30 1898
Risks
Premiums
Tax
373
85899 77
67274 14
4248 57
22952 77
220667 16
68000 00
2286 92
73500 00
2600 10
26 00
BANKERS MUTUAL CASUALTY COMPANY DES MOINES IA
ICAPITAL STOCK
Amount of net ledger assets December 31st of previous
year extended at
IIINCOME DURING YEAR
As Shown by Books at Home Office December 31st
Accident Burglary
1 Gross premiums unpaid Dec 31
last year paid
2 Gross premiums written and re
newed during year
Total
3 Deduct gross premiums now in
course of collection
4 Entire premiums collected during
the year
5 Deduct reinsurance abatement
rebate and return premiums
25215
1109 50
53599 57
54709 07
1513 37
53195 70
13281 21 38496
6 Net cash actually received for premiums carried out
12 Profit on sale or maturity of ledger assets
during the year over book values salvage 75 77
27422 49
14698 80374 COMPTROLLERGENERALS REPORT
13 From membership fees 2833 75
14 Income from all other sourcesviz Promoters 8905 33
Installment notes 25215 69
Total income during year 51729 34
Sum 79151 83
IIIDISBURSEMENTS DURING YEAR
Burglary
2 Gross amount paid for weekly or other peri
odical indemnity 7426 94
3 Deduct reinsurances salvages and recover
ies on losses previously paid 5195 39
Net paid policyholders 2231 55
4 Stockholders for interest or dividends amount declared
during the year returned to promoters 9298 81
5 Commissions or brokerage to agents 209 05
6 Salaries traveling and all expenses of agents
and directors attending committee meetings 1710 01
7 Medical examiners fees and salaries general
traveling expenses of officers 434 50
8 Salaries and all other compensation of officers
369086 and home office employees 1
62503 5315 89
9 Taxes on premiums 2911 insurance depart
ment fees and agents licenses 13453 163 64
10 Rent including 240 for companys use of own
building 240 00
11 Directors attending regular meetings 1128 61
12 Furniture and fixtures 21050 advertising
175716 printing and stationery 126899 3236 65
13 Losses on ledger assets actually sold or interest 865 95
14 All other items viz Sundry office expense 226 02
Postage 1608 17
Total disbursements 26668 85
Balance 52482 98
IVLEDGER ASSETS
Ik per Ledger Accounts shown by the Books of Home Office at Close of Business
December 31st
5 Cash deposited in Citizens National Bank
Des Moines la 2496 62
6 Bills receivable 49986 36
Total net ledger assets as per balance
above 52482 98
18 Gross premiums in course of collection to wit
Burglary not over three months due 1513 37
Gross assets 53996 35
Total admitted assets 53996 35COMPTROLLERGENERALS REPORT
375
VNONLEDGER LIABILITIES
4 Gross premiums upon allunexpired risks run
ning one year or more from date of policy
Burglary premiums unearned portion 50
per cent 28462 29
Total unearned premiums as computed above car
ried out
8 Salaries rent expenses taxes bills accounts fees etc
due or accrued
10 For reinsurance
11 All other liabilities viz Advanced by promoters
Total amount of all liabilities
13 Surplus beyond capital and all other liabilities
Total
BUSINESS IN GEORGIA FOR YEAR ENDING APRIL 30
Risks
Premiums
Tax
28462 59
1667 11
3456 21
6800 00
40385 91
13610 44
53996 35
112500 00
421 60
4 21
THE BRITISH AND FOREIGN MARINE INSURANCE COMPANY
OF LIVERPOOL ENGLAND
ICAPITAL
2 Amount paid up in cash 268000 00
IIASSETS
2 Loans on bond and mortgage on real estate in Portland
Oregon worth 10500 duly recorded and being first
liens on the fee simple 41000 00
3 Interest due on all said bond and mortgage loans
interest accrued thereon 97250 total 972 50
Total par and market value of stocks and bonds owned
absolutely by the company carried out at market value 1251551 88
Total cash items 35362 48
15 Interest due and accrued on stocks not included in mar
ket value uncollected 15396 88
17 Premiums in course of collection 374215 61
All other assets both real and personal viz Due from
other companies for reinsurance on losses already paid 72304 99
Total assets of the company actual cash market value in
the United States 1790804 34
IIILIABILITIES
2 Gross losses in process of adjustment or in
suspense including all reported and sup
posed losses 352550 05
3 Losses resisted including interest costs and
other expenses thereon 24045 00
4 Total gross amount of claims for losses 376595 05
5 Deduct reinsurance thereon 120500 88376
COMPTROLLERGENERALS REPORT
6 Net amount of unpaid losses 256094 17
10 Gross premiums without any deduction received and re
ceivable on all unexpired marine risks 497596 21
11 Total unearned premiums as computed above carried out 497596 21
17 Due and accrued for salaries rent advertising and for
agency and other miscellaneous expenses 42 60
19 All other demands against the company absolute and
contingent due and to become due admitted and con
tested viz Taxes 464548 commissions 3455576
reinsurance premiums 7920946 118410 70
Total 872143 68
24 Aggregate amount of all liabilities in the United States 872143 68
IVINCOME DURING THE YEAH
On Marine and
Inland Risks
1 Gross premiums and bills in course of col
lection at close of last previous year as
shown by that years statement 435241 12
2 Deduct amount of same not collected 15429 39
3 Net collected 419811 73
4 Gross premiums on risks written and re
newed during the year as shown in risk
and premium exhibit 2693548 59
5 Total 3113360 32
6 Deduct premiums and bills in course of col
lection at this date 412879 16
7 Entire premiums collected during the year 2700481 16
8 Deduct reinsurance and return premiums 961075 74
9 Net cash actually received for premiums
carried out 1739405 42
10 Received for interest on bonds and mortgages 54537 88
14 American branches of foreign companies
will please report amount of remittances
from home office during the year 474837 07
15 Aggregate amount of income actually received during the
year in cash 1793943 30
VEXPENDITURES DURING THE YEAR
On Marine and
Inland Risks
1 Gross amount actually paid for losses 1755356 66
2 Deduct all amounts actually received for
salvages whether on losses of the last or
of previous year 12831081 and all
amounts actually received for reinsur
ances in other companies 70574635
total deductions 834057 16
3 Net amount paid during the year for losses 921299 50
6 Paid for commissions or brokerage 230 234 07COMPTROLLERGENERALS REPORT 377
7 Paid for salaries fees and other charges of officers clerks
agents and all other employees 130323 10
8 Paid for State national and local taxes in this and other
States 36098 06
10 American branches of foreign companies will please re
port amount sent to home office during the year 969019 53
Aggregate amount of actual expenditures during the
year in cash 1317954 73
Business in the State of Georgia during the Year
Marine and
Inland Risks Aggregate
Fire marine and inland risks written 15000 00 15000 00
Premiums received gross 387 50 387 50
BUSINESS IN GEORGIA FOR YEAR ENDING APRIL 30 1898
Risks 14723 00
Premiums 391 28
Tax 3 91
THE CITY TRUST SAFE DEPOSIT AND SURETY COMPANY OF
PHILADELPHIA PA
ICAPITAL
1 Whole amount of capital stock 500000 00
2 Amount paid up in cash 500000 00
IIASSETS
1 Market value of real estate owned by tbe company 509617 62
2 Loans on bonds and mortgage duly recorded and being
first liens on the fee simple 175950 00
3 Interest due on all said bond and mortgage loans 14580
interest accrued thereon 325156 total 3397 36
4 Value of lands mortgaged exclusive of build
ings and perishable improvements 86900 00
5 Value of buildings mortgaged insured for
161900 as collateral 189450 00
6 Total value of said mortgaged premises
parried inside 276350 00
9 Total par and market value stocks and bonds owned abso
lutely by the company carried out at market value 244696 00
11 Total par and market value and amount loaned therein 1211213 00
12 Cash in companys principal office 75122 94
13 Cash belonging to the company deposited in
bank 480826 19
Total cash items 555939 13
14 Interest due and accrued on bank account 900 00
15 Interest due and accrued on stocks and bonds not included
in market value uncollected 3742 29378
COMPTROLLERGENERALS REPORT
16 Interest due and accrued on collateral loans and uncollected 15030 58
Ground Rent 45 00
17 Gross premiums in course of collection more than 3 months
due 470169 carried inside not more than three months
due 18258 53
18 Commission 53 45
All other assets both real and personal viz Rents due
and accrued 28750 due from other companies for re
insurance on losses already paid 708336 return pre
miums on fire policies 6390 due from ledger account
secured by mortgage on real estate 731966 furniture
and fixtures 520684 overdrafts 9643 26383 79
Total assets of the company actual cash market value 2765226 75
IIILIABILITIES
2 Gross losses in process of adjustment or in
suspense including all reported and sup
posed losses 19402 59
3 Losses resisted including interest costs and
other expenses thereon 399 09
4 Total gross amount of claims for losses 1980168
5 Deduct reinsurance thereon 2795 60
6 Net amount of unpaid losses 17006 08
7 Gross premiums without any deduction re
ceived and receivable upon all unexpired
surety risks running one year or less from
date of policy 251134 78
Unearned premiums fifty per cent 125567 39
11 Total unearned premiums as computed above carried out 125567 39
16 Cash dividends to stockholders remaining unpaid 60 00
17 Accrued for salaries rent advertising and for agency and
other miscellaneous expenses 1000 00
18 Due depositors 191827084 interest accrued thereon
1189801 1930168 85
19 All other demands against the company ab
solute and contingent due and to become
due admitted and contested viz Return
premiums 664 50
Due for reinsurance on premiums not yet
collected 5697 00
Commission etc due to agents and brokers
on premiums paid and in course of col
lection 38 25 6399 75
Total 2080202 07
21 Joint stock capital actually paid up in cash 500000 00
23 Surplus beyond capital and all other liabilities 185024 68
24 Ageregate amount of all liabilities including capital paid
up and net surplus 2765226 75
IVINCOME DURING THE YEAR
On Surety Risks
1 Gross premiums and bills in course of collec
tion at close of last previous year as shown
by that years statement 14537 79
3 Net collected 14537 79COMPTROLLERGENERALS REPORT
379
4 Gross premiums on risks written and re
newed during the year 238126 21
5 Total 252664 00
6 Deduct premiums and bills in course of col
lection at this date 22960 20
7 Entire premiums collected during the year 229703 80
8 Deduct reinsurance and return premiums 24426 97
9 Net cash actually received for premiums carried out
10 Received for interest on bonds and mortgages
11 Received for interests and dividends on stocks and bonds
collateral loans and from other sources
12 Income received from all other sources omitting increase
if any in value of securities viz Rents 878038 safe
deposit boxes 200425 commission 691061 regis
try 54925 total
15 Aggregate amount of income actually received during the
year in cash
VEXPENDITURES DURING THE YEAR
On Surety Risks
1 Gross amount actually paid for surety losses
including 43054 losses occurring in pre
vious years 61626 74
2 Deduct all amounts actually received for sal
vages whether on losses of the last or of
previous year 12302 88 andall amounts
actually received for reinsurance in other
companies 131016 total deductions 13613 04
3 Net amount paid during the year for looses
4 Cash dividends actually paid stockholders 29970 interest
paid depositors 3619736
5 Expenses of agents and agencies not including commissions
and salaries
6 Paid for commissions or brokerage
7 Paid for salaries of officers clerks agents and all other
employes
8 Paid for State national and local taxes in this and other
States
9 All other payments and expenditures viz Advertising
658853 expenses 1261968 stationery 681878
light expenses 3842 depreciation in furniture and
fixtures and securities 399750 profit and loss
159224 total
Aggregate amount of actual expenditures during
the year in cash
205276 83
7994 07
61338 33
18244 49
292853 72
48013 70
66167 36
21291 80
16906 15
81800 55
9734 80
35458 73
279373 09S80
COMPTROLLERGENERALS REPORT
UNITED STATES BRANCH OF THE EMPLOYERS LIABILITY
ASSURANCE CORPORATION LIMITED ENGLAND
ICAPITAL STOCK
1 Amount of capital stock paid
up in cash in England 750000 00
2 Amount of capital subscribed
but unpaid in England 3000000 00
Amount of net ledger assets December 31st
of previous year 891137 06
Extended at
IIINCOME DURING YEAR 1897
As Shown by Books at Home Office December 31
Employers
Accident Liability Fidelity
891137 06
1 Gross premiums unpaid
Dec 31 last year 37988 59 233358 49 4385 97
2 Gross premiums on risks
written and renewed
during the year 203418 15 1048635 41 32161 31
Total 241406 74 1281993 90 36547 28
3 Deduct gross premiums
in course ofcollection
at this date 32714 76 244775 56 4401 33
4 Entire premiums collect
ed during the year 208691 98 1037218 34 32145 95
5 Deduct reinsurance
abatement rebate and
return premiums 45993 06 168294 64 5764 34
6 Net cash actually receiv
ed for premiums car
ried out 162698 92 868923 70 26381 61 1058004 23
9 Interest and dividends on stocks and bonds 50933 22
50933 22
15
Total interest
Total income actually received during the year in cash 1108937 45
Aggregate last balance and income 2000074 51
IIDISBURSEMENTS DURING THE YEAR
As Shown by Books at Home Office December 31
Employers
Accident Liability Fidelity
1 Gross amount paid for
matured claims other
than weekly indem
nity 31264 32
2 Gross amount paid for
weekly or other peri
odical indemnity 69793 08
Total 101057 40 507279 73 12322 38
Net paid policyholders
620659 51COMPTROLLERGENERALS REPORT
381
4 Remitted to home office 65405 75
5 Commission to agents 250949 32
6 Salaries traveling and all expenses of agents
and agencies not on commission account 16288 44
8 Salaries and all other compensation of presi
dent 42433 97
9 Taxes on premiums 23906 37
10 Rent 17356 01
11 Legal expenses 5197 63
12 Furniture and fixtures 1783 79
13 Advertising 730030 and general printing
and stationery 1238916 19689 46
15 All other items 13071 01
Total miscellaneous expenses
456081 75
16 Total disbursements 1076741 26
Balance 923333 25
IIIASSETS
As per Ledger Accounts Shown by Books at Home Office December 81
4 Book value of bonds and stocks owned abso
lutely 895029 58
5 Cash in companys office 800 00
6 Cash deposited in bank Mass Natl Bank
Boston Mass 357 34
9 All other items viz Cash deposited with
trustees with Kidder Peabody Co 27146 33
11
Total 923333 25
Total net ledger assets
OTHER OR NONLEDGER ASSETS
13 Interest due and accrued on bonds and stocks 7137 09
17 Total outstanding interest
20 Gross premiums in course of collection to wit
Unpaid
Commissions
Premiums Thereon Net
21 Accident 32714 76 8545 47 24169 29
22 Employers liability 224775 56 51663 72 193111 84
24 Fidelity 4401 33 597 10 3804 23
29 Total gross outstanding
premiums 281831 65
Total net amount of outstanding premiums
923333 25
7137 09
221085 36
30
Total assets as per books of the company 1151555 70
DEDUCT ASSETS NOT ADMITTED AND FOR DEPRECIATION
5 Agents debit balances unsecured 7352 47
Total 735247
Total Admitted assets 1144203 23382 COMPTROLLERGENERALS REPORT
IVNONLEDGER LIABILITIES
Resited by
In Process 01 Eesisted for Company on
Adjustment Employees its own acct
Accident 10145 00 28500 00
Employers liability 29055 00 189440 00 655 00
Fidelity 695 00
3 Net amounts of unpaid
claim account 39895 00 189440 00 29155 00
Aggregate of unpaid claims and expenses 258490 00
4 Gross premiums upon all unexpired risks running one
year or less from date of policy
Unearned
Portion 50
Premiums percent
Accident 128372 89 64186 45
Employers liability 770861 84 385430 92
Fidelity 26395 20 13197 60
Total one year or less 462814 97
5 Gross premiums upon all unexpired risks run
ning more than one year from date of policy
Unearned
Premium
Premiums pro rata
Employers liability 33817 33 10592 10
Total for term policies 10592 10
6 Total unearned premiums as computed above
carried out 473407 07
Total amount of all liabilities except capital stock 731897 07
11 Capital deposit actually paid up in cash 250000 00
12 Surplus beyond capital deposit and other lia
bilities 162306 16 412306 16
13 Aggregate amount of all liabilities including paidup
capital stock and net surplus 1144203 23
Business in the State of Georgia During the Year 1897
Risks Premiums Losses Losses
Written Received Paid Incurred
Accident 362225 00 1609 89 185 50 275 50
Employers liability 202918 00 901 86 1678 80 2353 80
Aggregate 605305 00 2690 25 1864 30 2629 30
BUSINESS IN GEORGIA FOR YEAR ENDING APRIL 30 1898
Risks 937500 00
Premiums 4166 67
Losses 1989 84
Tax 41 66COMPTROLLERGENERALS REPORT
383
THE FIDELITY AND CASUALTY INSURANCE COMPANY OF NEW
YORK
ICAPITAL
1 Whole amount of capital stock 250000 00 250000 09
2 Amount paid up in cash 250000 00
IIASSETS
1 Market value of real estate owned by the company less
the atnount of incumbrances theron 588442 78
ACCOUNT OF STOCKS AND BONDS OWNED ABSOLUTELY BY THE COMPANY
9 Total par and market
value carried out at
market value 1422700 00 1649952 50 1649952 50
12 Cash in companys principal office 3880100
13 Cash belonging to the company deposited
in bank 88019 78
Total cash items
15 Interest due and accrued on stocks not included in mar
ket value uncollected
All other assets both real and personal viz Rents due
and accrued 164080 due from other companies for
reinsurance on losses already paid Reserve Re
Insurance Deposit cash in companys possession
2149548 23136 28
126820 78
2016 67
Gross premiums In course of collection not more than 3
months due 540037 19
Total assets of the company actual cash market value 2930406 20
IIILIABILITIES
6 Net amount of unpaid losses 459396 09
11 Total unearned premiums as computed above carried
out 1592898 04
17 Due and accrued for salaries rent advertising and for
agency and other miscellaneous expenses
19 All other demands against the company absolute and
contingent due and to become due admitted and
contested viz Commissions on premiums in course
of colection
25697 00
139815 63
Total 2217806 76
21 Joint stock capital actually paid up in cash 250000 00
23Surplus beyond capital and all other liabilities 462599 44
24 Aggregate amount of all liabilities including capital
paid up and net surplus 2930406 20
26c884 COMPTROLLERGENERALS REPORT
IVINCOME DURING THE YEAR
9 Net cash actually received for premiums carried out 2944245 29
11 Received for interests and dividends on stocks and
bonds collateral loans and from all other sources 66240 18
12 Income received from all other sources omitting in
crease if any in value of securities viz Rents 58
21818 profit on sale of ledger assets during the year
over book values 1186250 total 70074 68
15 Aggregate amount of income actually received during
the year in cash 3080560 15
V EXPENDITURES DURING THE YEAR
3 Net amount paid during the year for losses 1200281 07
4 Cash dividends actually paid stockholders amount of
stockholders dividends declared during the year 45000 00
6 Paid for commissions or brokerage 763924 04
7 Paid for salaries fees and other charges of officers clerks
agents and all other employes 344859 99
8 Paid for State National and local taxes in this and
other States 50231 13
9 All other payments and expenditures viz 519653 15
Aggregate amount of actual expenditures during the
year in cash 2923949 38
Business in the State of Georgia During the Year
lire marine and inland risks written 5837845 60
Premiums received gross 22671 89
Losses paid 7892 54
Losses incurred 7S92 54
BUSINESS IN GEORGIA FOR YEAR ENDING APRIL 30 1808
Risks 7190145 95
Premiums 26503 75
Losses 8020 22
Tax 265 03
THE FIDELITY AND DEPOSIT COMPANY OF MARYLAND
ICAPITAL
1 Whole amount of capital stock 1000000 00 1000000 00
2 Amount paid up in cash 1000000 00
IIASSETS
1 Market value of real estate owned by the company less
the amount of incumbrances thereon 600000 00
9 Total par and market value of stocks and bonds owned
absolutely by the company carried out at market
value 1610800 00COMPTROLLERGENERALS REPORT
385
12 Cash in companys principal office 7729 20
13 Cash belonging to the company deposited
in bank National Mechanics Balti
more 12547621 Hanover National of
New York 5538215 total 188587 56
Total cash items
All other assets both real and personal viz Rents due
and accrued due frOm other companies for
reinsurance on losses already paid net premiums in
course of collection
188587 56
101136 77
Total assets of the company actual cash market value 2500524 33
IIILIABILITIES
1268 41
1 Losses due and unpaid
2 Gross losses in process of adjustment or in
suspense including all reported and
supposed losses
3 Losses resisted including interest costs
and other expenses thereon
4 Total gross amount of claims for losses
7 Gross premiums without any deduction re
ceived and receivable upon all unexpired
surety risks running one year or less
from date of policy
Unearned premiums fifty per cent
11 Total unearned premiums as computed
above carried out
25069 08
2000 00
28337 49
870179 38
435089 69
28337 49
435089 69
Ttal 463427 18
21 Joint stock capital actually paid up in cash 1000000 00
23 Surplus beyond capital and all other liabilities 1037097 15
24 Aggregate amount of all liabilities including capital
paid up and net surplus 2500524 33
3 Net collected
4 Gross premiums on risks
written and renewed dur
ing the year as shown in
risk and premium exhibit
item 2 page 1
IVINCOME DURING THE YEAR
80355 97
5 Total
6 Deduct premiums and bills
in course of collection at
this date
845243 03
925599 00
126420 96
7 Entire premiums collected
during the year
799178 04386
COMPTROLLERGENERALS REPORT
8 Deduct reinsurance and re
turn premiums
15812 80
9 Net cash actually received
for premiums carried
out 783365 24
10 Received for interest on bonds and mortgages
11 Received for interests and dividends on
stocks and bonds collateral loans and
from all other sources
12 Income received from all other sources
omitting increase if any in value of
securities viz Rents from companys
building
Total
13 Received for commissions safe deposit department etc
53591 66
39266 65
15 Aggregate amount of income actually received during
the year in cash
VEXPENDITURES DURING THE YEAR
1
3
172818 07
23340 95
149477 12
Gross amount actually paid for losses oc
curring in previous years
Deduct all amounts actually received for
salvages whether on losses of the last
or of previous year and all amounts
actually received for reinsurance in
other companies
Net amount paid during the year for losses
6 Paid for commissions or brokerage
7 Paid for salaries fees and other charges of officers
clerks agents and all other employes
8 Paid for State national and local taxes in this and other
States
9 All other payments and expenditures viz Rent com
panys use own building 760000 legal expenses
612168 real estate repairs etc 981686 furni
ture and fixtures 234260 advertising 673638
printing and stationery 1324737 postage 10
64410 incidentals developments etc 5387350
elevator accident 714334 auditing 1756404 total
Aggregate amount of actual expenditures during the year
in cash
783365 24
92858 31
24306 16
900529 71
149477 12
183521 56
65096 57
29179 09
117525 83
642364 21
Business in the state of Georgia During the Year
Fire marine and inland risks written 2467707 00
Premiums received gross 19200 77
Losses paid 1661 53
Losses incurred 1895 85COMPTROLLERGENERALS REPORT 387
BUSINESS IN GEORGIA FOR YEAR ENDING APRIL 30 1898
Risks 2755915 00
Premiums 21663 93
Losses 1999 53
Tax 216 63
GENERAL MARINE INSURANCE COMPANY OF DRESDEN
GERMANY
ICAPITAL
2 Amount paid up in cash deposited New York State 200000 00
IIASSETS
9 Total par and market value of stocks
and bonds ewned absolutely by
the company carried out at mar
ket value 225000 00 249000 00 249000 00
12 Cash in companys principal office 586 37
13 Cash belonging to the company deposited in
bank J W Seligman Co 8966 00
Gallatin National Bank 1112 70
Drexel Co 21664 87
AdamHabett 654 76
Louisian National Bank 1240 39 33638 72
Total cash items 34225 09
14 Amount of premium notes upon which policies have been
issued 2192 63
18 Bills receivable not matured taken for Are marine and
inland risks 40354 07
Total assets of the company actual cash market value 325771 79
IIILIABILITIES
2 Gross losses in process of adjustment or in suspense in
cluding all reported and supposed losses
9 Gross premiums without any deduction including both
cash and bills received and receivable upon all unexpired
inland navigation and marine risks
19 All other demands against the company absolute and con
tingent due and to become due admitted and contested
viz Reinsurance premiums
Total
23 Surplus beyond capital and all other liabilities
Aggregate amount of all liabilities including capital
paid up and net surplus
IVINCOME DURING THE YEAR
On Marine and Inland Risks
1 Gross premiums and bills in course of collection
at close of last previous year as shown by
that years statement 54214 91
15800 00
35604 81
4544 10
55958 91
269812 88
325771 7938 COMPTROLLERGENERALS REPORT
3 Net collected 54214 91
4 Gross premiums on risks written and renewed
during the year 305200 24
Total 359415 15
6 Deduct premiums and bills in course of collec
tion at this date 40354 07
7 Entire premiums collected during the year 319061 08
8 Deduct reinsurance and return premiums 37822 57281238 51
11 Received for interests and dividends on stocks and bonds
collateral loans and from all other sourcess 263 33
15 Aggregate amount of income actually received during
the year in cash 281501 84
VEXPENDITURES DURING THE YEAR
On Marine and Inland Risks
1 Gross amount actually paid for losses includ
ing 11250 losses occuring in previous years 104700 18
2 Deduct all amounts actually received for sal
vages whether in losses of the last or of pre
vious year 18362 57
3 Net amount paid during the year for losses 86337 61
6 Paid for commissions or brokerage 32183 38
7 Paid for salaries fees and other charges of officers clerks
agents and all other employees 9412 19
8 Paid for State national and local taxes in this and other
States 5039 21
9 All other payments and expenditures viz Rents 375 832 60
fees 45760 postage telegrams petties etc 5477 89
10 American branches of foreign companies will please report
amount sent to home office during the year 133816 49
Aggregate amount of actual expenditures during the
year in cash 273099 35
Business in the State of Georgia During the Year
Marne and Inland Risks
Premiums received gross1200451 00
Losses paid 6038 94
BUSINESS IN GEORGIA FOR YEAR ENDING APRIL 30 1898
Risks1364062 00
Premiums 5809 92
fax 58 10
THE GUARANTEE COMPANY OF NORTH AMERICA FIRE INSUR
ANCE COMPANY OF MONTREAL CANADA
ICAPIT M
1 Whole amount of capital stock subscribed
for 668600 00
2 Amount paid up in cash 304600 00COMPTROLLERGENERALS REPORT
389
IIASSETS
1 Market yalue of real estate owned by the company less
the amount of incumbrances thereon 66885 33
2 Loans on bond and mortgage duly recorded and being
first liens on the fee simple 5430 00
Total par and market value of stocks and bonds owned ab
solutely by the company carried out at market value 771798 66
12 Cash in companys principal office 887 18
13 Cash belonging to the company deposited
in bank 88355 01
Total cash items 89242 19
15 Interest due and accrued on stocks not included in mar
ket value uncollected 7767 08
All other assets both real and personal viz Premiums
in course of collection 10614 00
Furniture and safes at home office and branches 4459 37
Total assets of the company actual cash market value 956196 63
IIILIABILITIES
2 Gross losses in process of adjustment or in
suspense including all reported and sup
posed losses 25323 29
3 Losses resisted including interest costs and
other expenses thereon 72279 96
4 Total gross amount of claims for losses 97603 25
5 Deduct reinsurance thereon 10000 00
6 Net amount of unpaid losses 87603 25
7 Gross premiums without any deduction re
ceived and receivable upon all unexpired
risks running one year or less from date
of policy 213969 95
Unearned premiums fifty per cent 106984 97
11 Total unearned premiums as computed
above carried out 106984 97
17 Due and accrued for salaries rent advertising and for
agency and other miscellaneous expenses 7210 70
19 All other demands against the company absolute and
contingent due and to become due admitted and con
tested viz Provided for contingencies 5000 00
20 Total amount of all liabilities except capital stock scrip
and net surplus 206798 92
21 Joint stock capital actually paid up in cash 304600 00
23 Surplus beyond capital and all other liabilities 444797 71
24 Aggregate amount of all liabilities including capital paid
up and net surplus 956196 63
IVINCOME DURING THE YEAR
Guarantee
3 Net collected 11977 31
4 Gross premiums on risks written and re
newed during the year 239748 29
5 Total 251725 60390
COMPTROLLERGENERALS REPORT
6 Deduct premiums and bills in course of col
lection at this date
7 Entire premiums collected during the year
8 Deduct reinsurance and return premiums
10614 00
241111 60
47241 96
9 Net cash actually received for premiums
carried out
10 Received for interest on bonds and mort
193869 64 193869 64
46 80
gages
11 Received for interests and dividends on stocks and bonds
collateral loans and from all other sources
12 Income received from all other sources omitting increase
if any in value of securities viz Rents 244255 in
terest on other debts 85951 total
15 Aggregate amount of income actually received during the
year in cash
vEXPENDITURES DURING THE YEAR
Guarantee
1 Gross amount actually paid for losses 55507 33
2 Deduct all amounts actually received for
salvages 18718 28
3 Net amount paid during the year for losses 36789 15
4 Cash dividends actually paid stockholder amount of
stockholders dividends declared during the year
5 Expenses of inspection and revision
6 Paid for commissions or brokerage 592698 traveling
and agency expenses 2194049
7 Paid for salaries fees and other charges of officers clerks
agents and all other employees
8 Paid for State national and local taxes in this and other
States
9 All other payments and expenditures viz Rents 8
12385 law charges 171900 advertising and printing
453832 postage and office charges 952200 furni
ture 31410 loss on real estate sold 5000 total
33797 98
3272 06
230986 48
36789 15
18276 00
25096 23
27867 47
38815 01
7896 00
9886 10
Aggregate amount of actual expenditures during the
year in cash 179007 13
Business in the State of Georgia during the Year
Fidelity
Risks written 1976450 00
Premiums received gross 7506 33
Losses paid 4918 42
Losses incurred 4956 7L
BUSINESS IN GEORGIA FOR YEAR ENDING APRII 30 1898
Risks1976000 00
Premiums 6952 65
Losses 4812 07
Tax
69 52COMPTROLLERGENERALS REPORT 391
HARTFORD STEAM BOILER INSPECTION AND INSURANCE
COMPANY OF HARTFORD CONN
ICAPITAL
1 Whole amount of capital stock 500000 00 500000 00
2 Amount paid up in cash 500000 00
IIASSETS
1 Market value of real estate owned by the company less
the amount of incumbrances thereon 55655 39
2 Loans on bond and mortgage duly recorded and being
first liens on the fee simple 335775 00
3 Interest accrued on all said bond and mortgage loans 6880 95
4 Value of lands mortgaged exclusive of buildings and
perishable improvements1200220 00
5 Value of buildings mortgaged insured for
35655 as collateral 171020 00
9 Total value of stocks and bonds owned absolutely by the
company carried out at market value 1503841 50
12 Cash in companys principal office 6409 11
13 Cash belonging to the company deposited in
bankSecurity Company 4652 30
Hartford National Bank 16890 89
US Bank 16327 92
Conn River Banking Co 2515154 63022 65
Total cash items 69431 76
15 Interest due and accrued on stocksnot included in mar
ket value uncollected 27895 79
17 Cash in hands of agents and in course of transmission 265911 14
Total assets of the company actual cash market value 2265391 53
IIILIABILITIES
1 Gross losses in process of adjustment or in
suspense including all reported and sup
posed losses 14692 38
6 Net amount of unpaid losses 14692 38
7 Gross premiums without any deduction re
ceived and receivable upon all unexpired
steam boiler risks running one year or less
from date of policy 9330387 unearned
premiums 50 per cent 46653 93
8 Gross premiums without any deduction re
ceived and receivable upon all unexpired
steam boiler risks running more than one
year from date of policy 241844685 un
earned premiums pro rata 1229132 84
11 Total unearned premiums as computed above carried out 1275786 77
19 Brokerage 27752 72
20 Total amount of all liabilities except capital stock scrip
and net surplus 1318231 87392
COMPTROLLERGENERALS REPORT
21
23
24
Joint stock capital actually paid up in cash
Surplus beyond capital and all other liabilities
500000 00
447159 66
Aggregate amount of all liabilities including capital
paid up and net surplus
IVINCOME DURING THE YEAR
Steam Boiler
Gross insurance and inspection premiums and
bills in course of collection at close of last
previous year as shown by that years state
ment 298304 12
Net collected 298304 12
Gross premiums on risks written and renewed
during the year 976500 39
2265391 53
Total1274804 51
Deduct premiums and bills in course of col
lection at this date 265911 14
11
12
15
Entire premiums collected during the year 1008893 37
Deduct reinsurance and return premiums 105221 64
Net cash actually received for insurance and inspection
carried out
Received for interest and dividends on stocks and bonds
collateral loans and from all other sources
Income received from all other sources viz Special me
chanical services
Aggregate amount of income actually received during
the year in cash
903671 73
89847 30
1787 51
995306 54
VEXPENDITURES DURING THE YEAR
8team Boiler
1 Gross amount actually paid for losses includ
ing 739866 losses occuring in previous
years 59267 03
3 Net amount actually paid for losses 59267 03
4 Cash dividends actually paid stockholders amount of
stockholders dividends declared during the year 60000 00
6 Paid for commissions or brokerage 213259 44
7 Paid for salaries fees and other charges of officersclerks
agents and all other employees 42424 00
8 Paid for State national and local taxes in this and other
States 16533 91
9 All other payments and expenditures viz Agency and
office expenses advertising apparatus and furniture 132602 87
Inspection expenses 315156 97
Aggregate amount of actual expenditures during the
year in cash 839244 22
Business in the State of Georgia During the Year
bteam Boiler
Risks written 738200 00
Premiums received gross 4510 61
Received for inspections 1933 12
Losses incurred 70 74COMPTROLLERGENERALS REPORT 393
BUSINESS IN GEORGIA FOR THE YEAR ENDING APRIL 30 1898
Risks 823300 00
Premiums 7502 36
Losses 70 45
Tax 75 02
THE LLOYDS PLATE GLASS INSURANCE COMPANYNEW YORK
NEW YORK
ICAPITAL STOCK
Amount of capital stock author
ized 25000000 subscribed
tor 250000 00
Amount of capital paid up in cash 250000 00
Amount of net ledger assets December 31st
of previous year 622438 32
Extended at
622438 22
1
2
3
4
5
6
7
8
10
14
IIINCOME DURING YEAR
As shown by Books at Home Office December 31st 1897
Plate Glass
Gross premiums unpaid Dec 31
last year paid 67587 12
Gross premiums written and re
newed during year 417016 16
Total 484603 28
Deduct gross premiums now in
course of collection 65984 40
Entire premiums collected dur
ing the year 418618 88
Deduct reinsurance abatement
rebate and return premium 32684 35
Net cash actually received for
premiums carried out 385934 53
Rents from companys property 13943 66
Interest on loans on mortgages of real estate 950 00
Interest on bonds and dividends on stocks 14608 63
Total interest
Income from all other sources viz
and loss suspense account
Profit
593 45
Total income during the year
Sum
385934 53
29502 29
593 45
IIIDISBURSEMENTS DURING YEAR
As Shown by Books at Home Office December 31st
Plate Glass
Gross amount paid for claims ex
cepting weekly indemnity 136386 55
416030 27
1038468 59
Total
136386 55394
COMPTROLLERGENERALS REPORT
3 Deduct reinsurances salvages
and recoveries on losses pre
viously paid 11661 28
Net paid policyholders 124725 27 124725 27
4 Stockholders for interest or dividends
amount declared during the year 50000 50000 00
5 Commissions or brokerage to agents less re
ceived on reinsurance 103931 76
6 Salaries traveling and all expenses of agents
and agencies not on commission account 4653 21
S Salaries and all other compensation of officers
1660000 and home office employees
3791928 54519 28
9 Taxes on premiums 435733 taxes on prop
erty 353430 insurance department fees
and agents licenses 358990 municipal
licenses 181545 2734 94
11 Legal expenses 21078 real estate repairs and
expenses other than taxes 377518 3985 96
12 Furniture and fixtures 39170 advertising
608263 printing and stationery 275309 9227 42
13 Losses on ledger assets actually sold or ma
tured under book value 2728 25
14 All other items viz Storage and express
309407 sundries 364141 6735 48
Total miscellaneous expenses 251813 28
Total disbursements 376538 55
Balance 661930 04
IVLEDGER ASSETS
As per Ledger Accounts Shown by the Books at Home Office at Close of
Business December 31
1 Book value of real estate unincumbered 245763 18
2 Mortgage loans on real estate first liens 20000 00
4 Book value of bonds excluding interest
26398491 and stocks 10582030 368805 21
5 Cash in companys office 526258 deposited
in bank as follows New York National
Exchange Bank 2209907 27361 65
Total 661930 04
Total net ledger assets 661930 04
NONLEDGER ASSETS
18 Gross premiums in course of collection to wit
Plate Glass not over three months due 6087205 unpaid
commission thereon 1521801 net premiums 45
65404 more than three months due not carried in
511235
Total net not over three monts due 45654 04
Gross assets 726820 90COMPTROLLERGENERALS REPORT
Deduct Assets Not Admitted
4 Depreciation from book values of above ledger
assets to bring same to market value 12193 12
Total
Total admitted assets
VSONLEDGER LIABILITIES
Plate glass in process of adjustment 160161
1 Total gross amount of claims 1601 61
Aggregate of unpaid claims and expenses
4 Gross premiums upon all unexpired risks run
ning one year or less from date of policy
Plate glass premiums 352396 95
Unearned portion 50 per cent 176198 47
395
12193 12
714627 78
1601 61
Total one year or less 176198 47
5 Gross premiums upon all unexpired risks run
ning more than one year from date of
policy
Plate glass premiums 47359 36
Unearned premiums pro rata 25285 06
Total more than one year
25285 06
6 Total unearned premiums as computed above carried out
8 Salaries rent expenses taxes bills accounts fees etc
due or accrued including plate glass and glazing
201483 53
13255 72
Total amount of all liabilities 216340 86
12 Joint stock capital actually paid up in cash 250000 00
13 Surplus beyond capital and other liabilities 248286 92 498286 92
Total
Business in the State of Georgia During the Year
Risks written
Premiums received
Losses paid
Losses incurred
Amount at risk end of year
714627 78
Plate Glas
35022 26
1357 00
242 73
268 26
35022 26
INESS IN GEORGIA FOR YEAR EVDING APRIL 30 1898
Risks
Premiums
Losses
Tax
44038 43
1258 17
175 23
12 58396 COMPTROLLERGENERALS REPORT
THE LONDON GUARANTEE AND ACCIDENT COMPANY LIMITED
OP LONDON ENGLAND
ICAPITAL
2 Amount paid up in cash statutory de
posit 200000 00
IIASSETS
9 Total par and market value of stocks and bonds owned
absolutely by the company carried out at market
value 761469 40
12 Cash in companys principal office 749 02
13 Cash belonging to the company deposited
in bank Merchants Loan Trust Co
to credit U S Trustees 28396 66
Total 29145 68
Total cash items 29145 68
15 Interest due and accrued on stocks not included in
market value uncollected 7020 65
17 Premiums in course of collection net not over three
months due 111835 34
Total assets of the company actual cash market value 909471 07
IIILIABILITIES
1 Losses resisted 4500 00
2 Gross losses in process of adjustment or
in suspense including all reported and
supposed losses 9618 77
3 Resisted for employers 228500 00
4 Total gross amount of claims for losses 242618 77
6 Net amount of unpaid losses 242618 77
7 Gross premiums without any deduction
received and receivable upon all un
expired risks running one year or less
from date of policy 679331 45
Unearned premiums fifty per cent 339665 72
11 Total unearned premiums as computed above carried
out 339665 72
17 Due and accrued for salaries rent advertising and for
agency and other miscellaneous expenses 7873 63
20 Total amount of all liabilities except capital stock
scrip and net surplus 590158 12
21 Joint stock capital actually paid up in cash statutory
deposit 200000 00
23 Surplus beyond capital and all other liabilities 119312 95
24 Aggregate amount of all liabilities including capital
paid up and net surplus 909471 07COMPTROLLERGENERALS REPORT
397
IVINCOME DURING THE YEAR
I Gross premiums and bills
In course of collection at
close of last previous year
as shown by that years
statement 148268 86
4 Gross premiums on risks
written and renewed dur
ing the year as shown In
risk and premium exhibit
item 2 above 850358 74
5 Total 998627 60
6 Deduct premiums and bills
m course of collection at
this date 158125 48
7 Entire premiums collected
during the year 840502 12
8 Deduct reinsurance and re
turn premiums 123451 44
9 Net cash actually received
for premiums carried
out 717050 68 717050 68
11 Received for interests and dividends on stocks and
bonds collateral loans and from all other sources 26648 852
15 Aggregate amount of income actually received during
the year in cash 743699 20
VEXPENDITURES DURING THE YEAH
3 Net amount paid during the year for losses 337697 30
4 Remitted home office 21498 10
6 Paid for commissions on brokerage 196651 30
7 Paid for salaries fees and other charges of officers
clerks agents and all other employees and expense
of agencies not on commission 47494 17
8 Paid for State national and local taxes in this and other
States 12954 85
9 All other payments and expenditures viz Medical
fees 604925 inspections 568052 rent 384996
legal 450547 trustees 240000 printing 617489
advertising 293153 furniture 130262 all other
1152299 total 44417 23
Aggregate amount of actual expenditures during the year
in cash
Business in the State of Georgia Diriif the Tear
660712 95
Eire marine and inland risks written
Premiums received gross
Losses paid
Losses incurred
1091900 00
6014 83
795 71
795 71398 COMPTROLLERGENERALS REPORT
BUSINESS IS GEORGIA FOR YEAR ENDING APRIL 30 1898
Risks 1078400 00
Premiums 5941 72
Losses 340 00
rax 59 41
THE MARYLAND CASUALTY COMPANY BALTIMORE MD
ICAPITAL STOCK
1 Amount of capital stock paid up in cash
Amount of surplus paid up in full
250000 00
100000 00 350000 00
IIIDISBURSEMENTS DURING YEAR 1897
20 Cash paid for salaries and all other compen
sation of officers and other home office
employees
21 Cash paid for taxes on incorporation
27 Cash paid for advertising
29 Cash paid for the following items viz Pos
tage sundry and traveling expenses
416 66
312 50
125 00
80 22
Total disbursements
Balance
Invested in the following
IVASSETS AS PER LEDGER ACCOUNTS
6 Cost value of bonds and stocks owned ex
cluding accrued interest at time of pur
chase 104250 00
7 Cash in companys office 100 00
8 Cash deposited in banks 244715 62
11 Total net or ledger assets as per bal
ance above
349065 62
934 38
349065 62
13
Total net or ledger assets less depreciation 349065 62
THE METROPOLITAN PLATE CLASS INSURANCE COMPANY OF
NEW YORK N Y
ICAPITAL
1 Whole amount of capital stock 100000 00
2 Amount paid up in cash 100000 00
IIASSETS
1 Market value of real estate owned by the company less
the amount of incumbrances thereon 150000 00
9 Total par and market value of stocks and bonds owned
absolutely by the company carried out at market value 272132 50COMPTROLLERGENERALS REPORT 399
12 Cash in companys principal office 1816 80
13 Cash belonging to the company deposited in bank as fol
lows Union Trust Co N Y 3352880 Kings Coun
ty Trust Co Brooklyn 682998 Peoples Trust Co
Brooklyn 537792 United States Trust Co Boston
100000 46736 70
15 Interest due and accrued on stocks not included in mar
ket value uncollected 383 33
17 Premiums in course of collection 40186 69
All other assets both real and personal viz Due from
other companies for reinsurance on losses already paid
141872 1418 72
Sundry accounts due for glass sold 187 78
Total assets of the company actual cash market
value 512862 52
IIILIABILITIES
2 Gross losses in process of adjustment or in
suspense including all reported and sup
posed losses 2200 00
4 Total gross amount of claims for losses 2000 00
7 Gross premiums without any deduction re
ceived and receivable upon all unexpired
Are risks running one year or less from
date of policy 267473 95
Unearned premiums fifty per cent
11373698
11 Total unearned premiums as computed
above carried out 133736 98
17 Due and accrued for salaries rent advertising and for
agency and other miscellaneous expenses 3756 50
19 All other demands against the company absolute and
contingent due and to become due admitted and con
tested 10046 67
20 Total amount of all liabilities except capital stock
scrip and net surplus 149740 15
21 Joint stock capital actually paid up in cash 100000 00
23 Surplus beyond capital and all other liabilities 263122 37
24 Aggregate amount of all liabilities including capital paid
up and net surplus 512862 52
IVINCOME DURING THE YEAR
Plate Glass
1 Gross premiums and bills in course of col
lection at close of last previous year as
shown by that years statement 38844 95
3 Net collected 38844 95
4 Gross premiums on risks written and re
newed during the year 304502 43
5 Total 343347 38
26c400
COMPTROLLERGENERALS REPORT
6 Deduct premiums and bills in course of col
lection at this date
40186 69
7 Entire premiums collected during the year 303160 69
8 Deduct reinsurance and return premiums 38585 27
9 Net cash actually received for premiums
carried out 264575 42
10 Received for interest on bonds and mortgages
12 Income received from all other sources omitting increase
if any in value of securities viz Bents
264575 42
11991 88
2477 51
15 Aggregate amount of income actually received during the
year in cash 279044 81
VEXPENDITURES DURING THE YEAR
Fire Risks
1 Gross amount actually paid for losses in
cluding 2500 losses occurring in pre
vious years
2 Deduct all amounts actually received for
salvages whether on losses of the last or
of previous year 2430 89
88200 00
3 Net amount paid during the year for
losses 85769 11
4 Cash dividends actually paid stockholders
amount of stockholders dividends de
clared during the year
6 Paid for commissions or brokerage
7 Paid for salaries fees and other charges of officers clerks
agents and all other employees
8 Paid for State national and local taxes in this and other
States
9 All other payments and expenditures viz Postage and
express 122168 printing and stationery 206654
advertising 224073 sundries 1407839 total
85769 11
18000 00
80926 32
26672 11
8344 28
19607 34
Aggregate amount of actual expenditures during the
year in cash 239319 16
Business in the State of Georgia during the year
Fire marine and inland risks written
Premiums received gross
Losses paid
Plate Glass
762 45
197 61
197 61
BUSINESS IN GEORGIA FOR YEAR ENDING APRIL 30 1898
p r30280 20
Premiums 819 85
Losses 218 89
Risks
Tax
8 19COMPTROLLERGENERALS REPORT 401
THE NATIONAL SURETY COMPANY OF NEW YORK N Y
ICAPITAL
1 Whole amount of capital stock 500000 00
2 Amount paid up in cash 500000 00
6
13
92985 00
92450 00
185435 00
43325 00
664 83
15
17
IJASSETS
2 Loans on bond and mortgage duly recorded and being
first liens on the fee simple
3 Interest due on all said bond and mortgage loans
interest accrued thereon 66483 total
4 Value of land mortgaged exclusive of
buildings and perishable improve
ments
5 Value of buildings mortgaged insured for
4450000 as collateral
Total value of said mortgaged premises
carried inside
9 Total par and market value of stocks and bonds owned
absolutely by the company carried out at market
value 1078712
Cash belonging to the company deposited in bank
New York Security and Trust and Fourth National
of New York Union National of Kansas City Market
National of Cincinnati 3d National of St Louis
Euclid Ave National of Cleveland Niagara Bank of
Buffalo Anglo California of San Francisco 4th St
National of Philadelphia Northern Trust Company
of Chicago Merchants National of St Paul total
Interest due and accrued on stocks not included in
market value uncollected
Premiums in course of transmission not more than 3
months due less commissions
53
7741 75
5979 16
47309 58
Total assets of the company actual cash market value 1183732 85
IIILIABILITIES
2 Gross losses in process of adjustment
or in suspense including all reported
and supposed losses
4 Total gross amount of claims for losses
7 Gross premiums without any deduction re
ceived and receivable upon all unex
pired fidelity and surety risks running
one year or less from date of policy
Unearned premiums fifty per cent
11 Total unearned premiums as computed above carried
out
4657 18
225595 95
112797 97
12 Special reserve for contingent claims account re
insurance of Missouri company
4657 18
112797 97
23687 24402
COMPTROLLERGENERALS REPORT
17 Due and accrued for salaries rent advertising and for
agency and other miscellaneous expenses
2552 00
23
24
20 Total amount of all liabilities except capital stock
scrip and net surplus 143694 39
21 Joint stock capital actually paid up in cash 500000 00
Surplus beyond capital and all other liabilities 540038 46
Aggregate amount of all liabilities including capital
paid up and net surplus 1183732 85
IVINCOME DURING THE YEAR
4 Gross premiums on risks
written and renewed dur
ing the year as shown in
risk and premium exhibit
item 2 above
6 Deduct premiums and bills
in course of collection at
this date
267326 28
49436 94
7 Entire premiums collected
during the year 217889 34
8 Deduct reinsurance and re
turn premiums 12926 32
9 Net cash actually received for premiums carried out
10 Received for interest on bonds and mortgages
11 Profit on sale of investment securities during year over
book values
12 Surplus paid in at commencement of business
67 76
7440 74
7508 50
3 Net amount paid during the year for
losses
6 Paid for commissions or brokerage
7 Paid for salaries fees and other charges of officers
clerks agents and all other employees
8 Paid for State national and local taxes in this and other
States and insurance department and municipal li
censes
9 All other payments and expenditures viz rent con
sulting attorneys furniture and fixtures printing and
stationery telegrams telephones traveling expenses
and sundries
Aggregate amount of actual expenditures during the year
in cash
204963 02
12653 08
426 66
500000 00
IS Aggregate amount of income actually received during
the year in cash 718042 76
VEXPENDITURES DURING THE YEAH
1 Gross amount actually paid for losses oc
curring in previous years
2 Amount paid on account of National
Surety Company of Mo risks re
insured
7508 50
18297 91
35601 70
5108 73
27833 42
94350 26COMPTROLLERGENERALS REPORT
Business in the State of Georgia During the Year
Fidelity Security
Fidelity and surety risks written34000 00 19200 00
Premiums received gross 170 00 48 00
BUSINESS IX GEORGIA FOB YEAH ENDING APBIL 30
Risks
Premiums
Tax
403
Aggregate
53200 00
218 00
253240 00
444 99
4 44
THE NEW YORK PLATE GLASS INSURANCE COMPANY OF NEW
YORK N Y
1 Whole amount of capital stock
2 Amount paid up in cash
100000 00
100000 00
IIASSETS
9 Total par and market value of stocks and bonds owned
absolutely by the company carried out at market value 315850 00
12 Cash in companys principal office 2158 82
13 Cash belonging to the company deposited in
bank Commercial Nat Bank 200 00
Real Estate Trust Co 3577 23
Knickerbocker Trust Co 15317 35
Total cash items 21253 40
17 Cash in hands of agents and in course of transmission
premiums not more than three months due 38189 64
Total assets of the company actual cash market value 375293 04
IIILIABILITIES

2 Gross losses in process of adjustment or in
suspense including all reported and sup
posed losses
4 Total gross amount of claims for losses
1005 50
1005 50
6 Net amount of unpaid losses
7 Gross premiums without any deduction received and re
ceivable upon all unexpired fire risks running one year
or less from date of policy 22170251
unearned premiums 50 per cent 110851 25
11 Total unearned premiums as computed above
carried out i
14 Amount of dividends declared but not yet due
17 Due and accrued for salaries rent advertising and for
agency and other miscellaneous expenses
1005 50
110851 25
500 00
482 46404
COMPTROLLERGENERALS REPORT
19 All other demands against the company absolute and
contingent due and to become due admitted and con
tested viz Commissions 1012025 return premi
ums 70280 10823 05
Total 128162 26
21 Joint stock capital actually paid up in cash 100000 00
23 Surplus beyond capital and all other liabilities 147130 78
24 Aggregate amount of all liabilities including capital paid
up and net surplus 375293 04
IVINCOME DURING THB YEAR
Plate Glass
1 Gross premiums and bills in course of col
lection at close of last previous year as
shown by that years statement 44617 09
4 Gross premiums on risks written and renewed
during the year 275211 23
5 Total 319828 32
6 Deduct premiums and bills in course of col
lection at this date 41043 56
7 Entire premiums collected during the year 278784 76
8 Deduct reinsurance and return premiums 58888 46
219896 30
9 Net cash actually received for premiums car
ried out
11 Received for interest and dividends on stocks and bonds
collateral loans and from all other sources 12725 23
12 Income received from all other sources omitting increase
if any in value of securities 164 75
15 Aggregate amount of income actually received during the
year in cash 232786 2
VEXPENDITURES DURING THE YEAR
Plate Glass
1 Gross amount actually paid for losses in
cluding 390203 losses occurring in pre
vious years
2 Deduct all amounts actually received for sal
vages whether on losses of the last or of
previous year 271818 and all amounts
actually received for reinsurances in other
companies
65952 60
2718 18
3 Net amount paid during the year for losses 63234 42 63234 42
4 Cash dividends actually paid stockholders amount of
stockholders dividends declared during the year 10000 00
6 Paid for commissions or brokerage 58530 98
7 Paid for salaries fees and other charges of officers clerks
agents and all other employees 32401 00COMPTROLLERGENERALS REPORT
8 Paid for State national and local taxes in this and other
States
9 All other payments and expenditures viz Advertising
rents and all other expenses
Aggregate amount of actual expenditures during the
year in cash
Business in the State of Georgia During the Year
Plate Glass written
Premiums received gross
Losses paid
Losses incurred
405
17082 14
186673 37
32323 86
1004 55
177 20
177 20
THE PREFERRED ACCIDENT INSURANCE COMPANY OF NEW
YORK N Y
ICAPITAL
1 Whole amount of capital stock 100000 00
2 Amount paid up in cash 100000 00
IIASSETS
9 Total par and market value stocks and bonds owned abso
lutely by the company carried out at market value 342947 04
12 Cash in companys principal office 4314 40
13 Cash belonging to the company deposited
in the Merchants Exchange National
Bank New York 147675 81
Total cash items 151990 21
15 Interest due and accrued on stocks not included in mar
ket value uncollected 3968 25
17 Cash in hands of agents and in course of transmission 47760 20
Premiums in course of collection not over three months due 53239 88
599905 58
Deduct agents balances 47760 20
Total assets of the company actual cash market value 552145 38
IIILIABILITIES
2 Gross losses in process of adjustment or in
suspense including all reported and sup
posed losses 19350 00
3 Losses resisted including interest costs and
other expenses thereon 24500 00
4 Total gross amount of claims for losses 43850 00
6 Net amount of unpaid losses 43850 00
7 Gross premiums without any deduction re
ceived and receivable upon all unexpired
fire risks running one year or less from
date of policy 484396 74406 COMPTROLLERGENERALS REPORT
Unearned premiums 50 per cent 242198 37
Premium reserve special 24303 50
11 Total unearned premiums computed above carried out 2b6501 Hi
Total
21 Joint stock capital actually paid up in cash 100
23 Surplus beyond capital and all other liabilities 141793 51
24 Aggregate amount of all liabilities including capital paid
up and net surplus B52145 38
IVINCOME DURING YEAR
On Fire Riks
3 Net collected 131388 00
4 Gross premiums on risks written and re
newed during the year 760730 08
Total 89L75808
6 Deduct premiums and bills in course of col
lection at this date 70986 50
7 Entire premiums collected during the year 820771 58
8 Deduct reinsurance and return premiums 2578 81
9 Net cash actually received for premiums carried out 818192 77
11 Received for interests and dividends on stocks and bonds
collateral loans and from all other sources 8452 66
12 Income received from all other sources 120000 00
15 Aggregate amount of income actually received during the
year in cash 946645 43
IIIDISBURSEMENTS DURING YEAR
As shown by the Books at Home Office Deeember 31
Accident
1 Gross amount paid for claims excepting
weekly indemnity 119660 00
2 Gross amount paid forweekly or other peri
odical indemnity 217180 39
Total 33684039
Net paid policyholders 336840 39
4 Stockholders for interest or dividends
amount declared during the year 6000 6000 00
5 Commissions or brokerage to agents less
received on reinsurance 245569 33
6 Salaries traveling and all expenses of agents
and agencies not on commission account 11394 27
7 Medical examiners fees and salaries 13200 00
8 Salaries and all other compensation of offi
cers 12800 and home office employees
4314640 55946 40
9 Taxes on premiums property insurance de
partment fees and agents licenses mu
nicipal licenses and tax on franchise
kept as one account 13228 77
10 Rent including 6600 for companys use of
own building 6600
11 Legal expenses 3250 00COMPTROLLERGENERALS REPORT
407
12 Furniture and fixtures 191191 advertis
ing 9200 printing and stationery
15750 26861 91
14 All other items 85152 70
Total miscellaneous expenses 467203 38
Total disbursements 804043 77
Balance 540611 65
Business in Georgia During the Year
Fire Risks
Fire marine and inland risks written 7572000 00
Premiums received gross 12902 00
Losses paid 10693 12
Losses incurred 10929 37
BUSINESS IN GEORGIA FOR YEAR ENDING APRIL 30 1898
Risks 7243000 00
Premiums n378
Losses 766100
Tax 11378
THE STANDARD LIFE AND ACCIDENT INSURANCE COMPANY OF
DETROIT MICH
ICAPITAL
1 Whole amount of capital stock 200000 00
2 Amount paid up in cash 200000 00
IIASSETS
1 Market value of real estate owned by the company less
the amount of incumbrances thereon 25713 62
2 Loans on bond and mortgage duly recorded and being
first liens on the fee simple 325810 54
3 Interest due on all said bond and mortgage loans
interest accrued thereon 18410 54
7 Amount of other loans 893025 00
9 Total par and market value of stocks and bonds owned
absolutely by the company carried out at market value 235400 00
12 Cash in companys principal office 6911 27
13 Cash belonging to the company deposited 55617 86
Total cash items 62529 13
15 Interest due and accrued on bonds not included in mar
ket value uncollected 3822 49
18 Bills receivable not matured taken for fire marine and
inland risks 15
All other assets both real and personal 818 80
Premiums in course of collection 23662422 less com
missions 5822544 178398 78
Loss not admitted 850918 98
Bills receivable15
Total assets of the company actual cash market value 850903 78408
COMPTROLLERGENERALS REPORT
IIILIABILITIES
2 Gross losses in process of adjustment or in
suspense including all reported and sup
posed losses 22285 50
3 Losses resisted including interest costs and
other expenses thereon 104150 00
4 Total gross amount of claims for losses 126435 50
6 Net amount of unpaid losses
7 Gross premiums without any deduction re
ceived and receivable upon all unexpired
risks running one year or less from date
of policy 898445 32
Unearned premiums fifty percent 449222 66
11 Total unearned premiums as computed above carried out
19 All other demands against the company absolute and
contingent due and to become due admitted and con
tested
20 Total amount of all liabilities except capital stock
scrip and net surplus
22 Scrip outstanding
24 Aggregate amount of all liabilities including capital paid
up and net surplus
IVINCOME DURING THE YEAR
On Personal Risks On Liability Risks
1 Gross premiums and bills in
course of collection at close
of 1 ast previous year as shown
by that years statement 151147 30 64532 69
2 Deduct amount of same not
collected 41831 02 35769 65
3 Net collected 109316 28 28763 04
4 Gross premiums on risks writ
ten and renewed during the
year 723720 31
5 Total 883036 59 426879 21
6 Deduct premiums and bills in
course of collection at this
date 170650 87 65973 35
7 Entire premiums collected dur
ing the year 712385 72 360905 86
8 Deduct reinsurance and return
premiums 90582 74 26138 53
9 Net cash actually received for
premiums carried out 621802 98 334767 33
10 Received for interest on mortgages
11 Received for interests and dividends on bonds 1067500
from all other sources 84394
15 Aggregate amount of income actually received during the
year in cash
126435 50
449222 66
575658 16
200000 00
75245 62
850903 78
956570 31
14996 42
11518 94
983085 67COMPTROLLERGENERALS REPORT
409

VEXPENDITURES DURING THE YEAR
On Personal Risks On Liability Risks
1 Gross amount actually paid for
losses 319868 67 205663 07
3 Net amount paid during the
year for losses 319868 67 205663 07 525531 74
4 Medical fees 768655 inspections 1287621 20562 76
5 Salaries traveling and all expenses of agents and agen
cies not on commission account 49797 61
6 Paid for commissions or brokerage 238038 37
7 Paid for salaries fees and other charges of officers clerks
agents and all other employees 43587 10
8 Paid for State national and local taxes in this and other
States including licenses 27815 57
9 All other payments and expenditures viz Rent 11
56618 legal expenses 1107936 furniture and fix
tures 16110 advertising 943034 printing and sta
tionery 1132290 miscellaneous 2263872 66198 33
Aggregate amount of actual expenditures during the
year in cash 971531 48
Business in the State of Georgia during the Year
Marine and
Fire Risks Inland Risks Aggregate
Fire marine and inland risks written 1369950 00 10000 00 1379950 00
Premiums received gross 17276 21 101 48 17377 69
Losses paid 12029 91 525 79 12555 70
Losses incurred 12029 91 525 79 12555 70
BUSINESS IN GEORGIA FOR YEAR ENDING APRIL 30 1898
Risks 903000 00
Premiums 21551 82
Losses 1025178
Tax 21551
THE UNITED STATES BRANCH OF THE THAMES MERSEY MA
RINE INSURANCE CO LIMITED OF LIVERPOOL ENG
ICAPITAL
1 Whole amount of capital stock10000000 00
2 Amount paid up in cash 1000000 00
IVASSETS
9 Total par and market value of stocks and bonds owned
absolutely by the company carried out at market value 536732 50
12 Cash in companys principal office 11586 76
13 Cash belonging to the company deposited in
bank National City Bank 31016 86
Total cash items 42603 62
17 Cash in hands of agents and in course of transmission 69224 00410 COMPTROLLERGENERALS REPORT
18 Bills receivable not matured taken for Are marine and
inland risks 2285 42
All other assets both real and personal due from other
companies for reinsurance on losses already paid viz
China M Ins Co 13516 Firemans Fund Ins Co
3973 London Assce 48814 Mannheim Ins Co
5443 Prov Washn Ins Co 4407 Indemnity M M
Assce Co Ltd 493 Standard M Ins Co 493 St
Paul F M Ins Co 16387 Union M Ins Co Ltd
8800 U S Lloyds 1868 Western Assce 11282 1154 82
Total assets of the company actual cash market value 652000 36
vLIABILITIES
1 Losses due and unpaid 112127 00
3 Losses resisted including interest costs and
other expenses thereon 25785 00
4 Total gross amount of claims for losses 137912 00
5 Deduct reinsurance thereon 30122 00
6 Net amount of unpaid losses 107790 00
10 Gross premiums without any deduction re
ceived and receivable on all unexpired
marine risks 77851 26
11 Total unearned premiums as computed
above carried out 77851 26
19 All other demands against the company absolute and con
tingent due and to become due admitted and con
tested viz Commission and brokerage 651682 due
reinsurance companies 2177651 28293 33
20 Total amount of all liabilities except capital stock
scrip and net surplus 213934 59
23 Surplus beyond capital and all other liabilities 438065 77
24 Aggregate amount of all liabilities including capital paid
up and net surplus 652000 36
IIINCOME DURING THE YEAR
On Marine and
Inland Risks
1 Gross premiums and bills in course of collec
tion at close of last previous year as shown
by that years statement 67439 58
2 Deduct amount of same not collected 3633 98
3 Net collected 63805 60
4 Gross premiums on risks written and renewed
during the year 498637 02
5 Total 652442 62
6 Deduct premiums and bills in course of col
lection at this date 73550 23COMPTROLLERGENERALS REPORT
411
7 Entire premiums collected during the year
Cash 48664052 notes 225187 488892 39
8 Deduct reinsurance and return premiums 140822 63
9 Net cash actually received for premiums
carried out 348069 76
11 Received for interests and dividends on stocks and bonds
collateral loans and from all other sources
348069 76
15000 00
15 Aggregate amount of income actually received during the
year in cash 363069 76
VEXPENDITURES DURING THE YEAR
On Marine and
Inland Risks
1 Gross amount actually paid for losses in
cluding 9021350 losses occurring in pre
vious years 320205 71
2 Deduct all amounts actually received for sal
vages whether on losses of the last or of
previous year 1794397 and all amounts
actually received for reinsurances in other
companies 9826394 total deductions 116207 91
3 Net amount paid during the year for losses 203997 80 203997 80
6 Paid for commissions or brokerage 36262 10
7 Paid for salaries fees and other charges of officers clerks
agents and all other employees
8 Paid for State national and local taxes in this and other
States
9 All other payments and expenditures viz Rent supplies
etc 1910093 legal expenses 1100144 total
10 Amount sent to home offices during the year 38918 51
Aggregate amount of actual expenditures during the
year in cash
Business in the State of Georgia During the Year
Fire marine and inland risks written
Premiums received gross
Losses Paid
Losses incurred
BUSINESS IN GEORGIA FOR YEAR ENDING APRIL 30 1898
Risks written during the year
Premiums
Losses
Tax
21685 30
10200 30
30102 37
302247 87
Marine and I aland Risks 638806 00 1718 09 12 00
12 00
98 834152 00 2030 26 12 00
20 20
412
COMPTROLLERGENERALS REPORT
THE TRAVELERS INSURANCE ACCIDENT DEPARTMENT COM
PANY HARTFORD CONN
ICAPITAL STOCK
1 Amount of capital Stock author
ized 1000000 subscribed
for1000000 00
1 Amount of capital stock paid
up in cash1000000 00
Amount of net ledger assets December 31st
of previous year 3429399 35
Extended at 3429399 35
IIINCOME DUBINa YBAB
As Shown by Books at Home Office December 31st
Accident
2 Gross premiums writ
ten and renewed
during year2268262 11 7728
Employers
Liability
47
4 Entire premiums col
lected 2268262 11 772876 47
5 Deduct reinsurance
abatement rebate
and return prems 33282 01 39403 95
a Net cash actually re
ceived for premi
ums carried out 2234980 10 733472 52
10 Interest on bonds and dividends on stocks
11 Interest upon other debts due the company
and on deposits in bank
145531 24
4184 22
Total interest
14 Income from all other sources viz Profit and loss
2968452 62
149715 46
5024 01
Total income during the year 3123192 09
Sum 6552591 44
IIIDISBURSEMENTS DURING THE YEAR
As Shown by Books at Home Office December 31
Accident
1 Gross amount paid for
claims excepting
weekly indemnity 439438 98
2 Gross amount paid for
weekly or other pe
riodical indemnity 680758 93
Emnlopers
Liability
262141 04
Total1120197 91 262141 04COMPTKOLLERGENERALS REPORT
413
3 Deduct reinsurances
salvages and recov
eries on losses pre
viously paid
432 14
Net paid policyholds 1119765 77 262141 04
4 Stockholders for interest for dividends
amount declared during the year 75000
5 Commissions or brokerage to agents less re
ceived on reinsurance 819483 99
6 Salaries traveling and all expenses of agents
and agencies not on commission account
7 Medical examiners fees and salaries 29
15810 inspections 1043971
8 Salaries and all other compensation of officers
6000 and home office employees 79
13931
9 Taxes on premiums 3385667 insurance de
partment fees and agents licenses 11
18035 municipal licenses 355278 tax
on franchise 217145
10 Rent
11 Legal expenses
12 Furniture and fixtures 545644 advertising
2019774 printing and stationery 26
92258
14 All other items viz Express charges
628113 loss expense 3450656 ex
pense 884154 exchange 163760
postage 1207139 traveling expenses
121872 total
75000 00
91173 36
39597 81
85139 31
50761 25
25271 93
88148 83
52576 76
64556 94
1381906 81
Total miscellaneous expenses 1391710 18
Total disbursements 2773616
Balance 3778974 45
IVLEDGER ASSETS
4 Book value of bonds excluding interest
140834308 and stocks 211276356 3521106 64
5 Cash in companys office 87703 deposited
in bank 25699078 257867 81
Total 3778974 45
Total net ledger assets 3778974 45
NONLEDGER ASSETS
11 Interest accrued on bonds and stocks
35058 09
15 Total outstanding interest
17 Market value of bonds and stocks over book value
Gross assets
35058 09
28048 88
3842081 42414 COMPTROLLERGENERALS REPORT
t Employers
Accident Liability
Claims adjusted and
not paid 10000 00
In process of adjust
ment 27600 00
Known or estimated
proofs not filed 26846 10
Resisted by company
on its own account
not outlawed 127721 44
Resisted for employers 299066 30
Aggregate of unpaid claims and expenses 491233 84
4 Gross premiums upon all unexpired risks
running one year or less from date of
policy
Accident premiums 134960348 unearned
portion 50 per cent 67480174 employ
ers liability 64731095 unearned por
tion 50 per cent 32365548
Total one year or less 998457 22
5 Gross premiums upon all unexpired risks
running more than one year from date of
policy
Accident premiums 7802646 unearned
premium pro rata 36736000
Total more than one year 367360 00
Total unearned premiums as computed above car
ried outi 1365817 22
8 Salaries rent expenses taxes bills accounts fees etc
due or accrued 85000 00
Total amount of all liabilities 1942051 06
12 Joint stock capital actually paid up in cash 1000000 00
13 Surplus beyond capital and other liabilities 900030 36 900030 36
Total 3842081 42
Business in the State of Georgia During the Year
Kisks Premiums Losses Losses Amount at Risk
Written Received Paid Incurred End of Year
Accident 18418600 00 43078 20 27945 24 27945 24 11235346 00
Employers
liability 237900 00 1576 82 145119 00
Aggregate 18656500 00 44655 02 27945 24 27945 24 11380465 00
BUSINESS IN GEORGIA FOE YEAR ENDING APRIL 30 1898
Risks 18262050 00
Premiums 45369 93
Losses 28367 09
Tax 453 69COMPTROLLERGENERALS REPORT
415
THE UNITED STATES CASUALTY INSURANCE COMPANY OF NEW
YORK N Y
ICAPITAL
1 Whole amount of capital stock 300000 00 300000 00
2 Amount paid up in cash 300000 00
IIASSETS
2 Loans on bond and mortgage duly recorded and being
first liens on the fee simple 675000 less amount de
posited to pay for taxes and assessments 18238 6567 62
4 Value of land mortgage exclusive of buildings and
perishable improvements 10750 00
6 Total value of said mortgaged prem
ises carried inside 10750 00
9 Total par and market value of stocks and bonds owned
absolutely by the company carried out at market value 614347 81
12 Cash in companys principal office 8244 49
13 Cash belonging to the company deposited in
bank as follows Bank State of New York
5113910 Central Trust Co of New
York 404307 Old Colony Trust Co
Boston Mass 195897 International
Trust Co Boston Mass 40000 Mer
chants National Bank Chicago 111 2
65869 Corn Exchange Bank Chicago
111 20000 total 60399 83
Total cash items 68644 32
15 Interest due and accrued on stocks not included in mar
ket value uncollected 3831 32
17 Cash in hands of agents and in course of transmission 75136 22
Total assets of the company actual cash market value 768527 29
IIILIABILITIES
2 Gross losses in process of adjustment or in suspense in
cluding all reported and supposed losses 32300 00
3 Losses resisted including interest costs and other ex
penses thereon 43125 00
4 Total gross amount of claims for losses 75425 00
6 Net amount of unpaid losses 75425 00 75425 00
7 Gross premiums without any deduction re
ceived and receivable upon all unexpired
fire risks running one year or less from
date of policy 547810 47
Unearned premiums fifty per cent 273905 23
8 Gross premiums without any deduction
received and receivable upon all unex
pired fire risks running more than one
year from date of policy 21348 32
11 Total unearned premiums as computed above carried out 290367 36
27c416
COMPTROLLERGENERALS REPORT
19 All other demands against the company absolute and
contingent due and to become due admitted and con
tested viz Due to other companies for reinsurance
168090 amount voluntarily reserved for contingen
cies 1000000 all other indebtedness 102418
12705 08
20 Total amount of all liabilities except capital stock
scrip and net surplus 378497 44
21 Joint stock capital actually paid up in cash 300000 00
23 Surplus beyond capital and all other liabilities 90029 85
24 Aggregate amount of all liabilities including capital
paid up and net surplus 768527 29
IVINCOME DURING THE TEAR
On Risks
1 Gross premiums and bills in course of col
lection at close of last previous year
as shown by that years statement 116
42340
3 Net collected 116423 40
4 Gross premiums on risks written and re
newed during the year 961675 38
5 Total 1078098 78
6 Deduct premiums and bills in course of col
lection at this date 101482 71
7 Entire premiums collected during the year 976616 07
8 Deduct reinsurance and return premiums 288602 71
9 Net cash actually received for premiums carried out 688013 36
11 Received for interests and dividends on stocks and bonds
collateral loans and from all other sources 18292 99
12 Profit on sale or maturity of ledger assets during the year
overbook values total 21998 44
15 Aggregate amount of income actually received during the
year in cash 728304 79
VEXPENDITURES DURING THE YEAR
3 Accidentnet amount paid during the year
for losses 154122 51
Employers liability steam boiler auto
matic sprinkler and burglary risksnet
amount paid during the year for losses 90235 34 244357 85
6 Paid for commissions or brokerage 165053 16
7 Paid for salaries fees and other charges of officers clerks
agents and all other employees 112364 64
8 Paid for State national and local taxes in this and other
States 13100 56COMPTROLLERGENERALS REPORT 417
9 All other payments and expenditures viz Rent 12
33335 legal expenses 143741 advertising 112972
printing and stationery 1650684 postage 614400
telegrams and telephone 246216 fees of directors
328000 miscellaneous 424117 profit and loss viz
furniture and fixtures account 937729 accounts pay
able 215994 agents balances repaid 116473 60236 61
Aggregate amount of actual expenditures during the
year in cash 595112 82
Business in the State of Georgia During the Year
EmployersLia
bility Steam
Accident Boiler Auto
Eisks matlc Sprink ASaeSalt
ler and Bur
glar Risks
Risks written 14528250 00 385000 00 14913250 00
Premiums received gross 15314 36 2003 01 17317 37
Losses paid 10748 75 1666 69 12415 44
Losses incurred 10778 06 1343 23 12121 29
BUSINESS IN GEORGIA FOE YEAR ENDING APRIL 30 1898
Risks 15184800 00
Premiums 19147 25
Losses 12697 06
Tax 191 47
THE UNION CASUALTY AND SURETY COMPANY ST LOUIS MO
ICAPITAL STOCK
1 Amount of capital authorized 250000 00
Subscribed for 250000 00
2 Amount of capital paid up in
cash 250000 00
Amount of net ledger assets December 31 of
previous year 538992 80
Extended at 538992 80
IIINCOME DURING YEAR
As Shown by Books at Home Office December Si
Employers Fidelity Plate Steam
Accident Liability and Surety Glass Boiler
1 Gross premiums un
paid Dec 81 last
year paid 110656 66 115729 92 21585 03 12630 53
2 Gross premiums
written and renew
ed during the year 360399 00 523281 44 131 50 98755 15 46806 29
Total 471055 66 639011 36 131 50 120290 18 59436 82
3 Deduct gross premi
ums now in course
of collection 114652 10 126087 67 22507 35 11519 27418
COMPTROLLERGENERALS REPORT
4 Entire premiums
collected during
the year 356403 56 512923 69
5 Deduct reinsurance
abatement rebate
and return premi
ums 72831 78 101431 24
131 50 97782 83 47917 55
18797 28 8608 58
6 Net cash actually re
ceived for premi
ums carried out 283571 78 411492 45 131 50 78985 55 39308 97
8 Interest on loans on mortages of real estate 10166 64
10 Interest on bonds and dividends on stocks 11858 50
11 Interest upon other debts due the company
and on deposits in bank 77 63
Total interest
12 Profit on sale or maturity of ledger assets
during the year over book values
250 00
14 Income from all other sources
Total income during the year
813490 25
22102 77
250 00
835843 02
Sum 1374835 82
2
IIIDISBURSEMENTS DURING YEAR
As Shown by Books at Home Office December 31
Employers Plate Steam
Accident Liability Glass Boiler
Gross amount paid
for claims except
ing weekly in
demnity 78557 47 25405 80 163 35
Gross amount paid
for weekly or
other periodical
indemnity 141476 89 229278 87
Total 220034 34 229278 87 24405 80 163 35
10
11
Net paid poli
cyholders 220034 36 229278 87 24405 80 163 35
Commissions or brokerage to agents less re
ceived on reinsurance
Salaries traveling and all expenses of agents
and agencies not on commission account
Inspections
Salaries and all other compensation of offi
cers 815000 and home office employees
3643497
Taxes on premiums 1254693 taxes on
property 182522 insurance department
fees and agentslicenses 523772 muni
cipal licenses 97037
Rent including 436092 for companys use
of own building
Legal expenses
243824 82
19018 76
12186 41
44584 97
20580 24
4360 92
9715 49
473882 38COMPTROLLERGENERALS REPORT
419
12 Furniture and fixtures 29400 advertising
199645 printingand stationery 632360 8614 05
13 Losses on ledger assets actually sold or ma
tured under book value 70 00
14 All other items viz Adjusting 2369807
general expense 1061624 34314 31
Total miscellaneous expenses
Total disbursements
Balance
397269 97
871152 35
503683 47
IVLEDGER ASSETS
As per Ledger Accounts Shown by the Books at Home Office at Close of
Business December 31
2 Mortgage loans on real estate first liens 174137 50
4 Book value of bonds excluding interest 283362 0
5 Cash in companys office 147043 deposited
in banks 4471304 46183 47
Total 503683 48
Total net ledger assets
NONLEDGER ASSETS
10 Interest due and accrued on mortgages 2551 42
11 Interest due and accrued on bonds and stocks 560 00
Total outstanding interest
17 Market value of bonds and stocks over book value not in
cluding interest in item 11
Gross premiums in course of collection to wit
months due
Accident 114652 10
Employers liability 126087 67
Plate glass 22507 35
Steam boiler 11519 27
Unpaid
Not over three Commissions
thereon
34395 63
28458 60
6752 20
2379 81
Net
Premiums
80256 47
97629 07
15755 15
9139 46
274766 39 71986 24 202780 15
Total net not over three months due
Gross assets
503683 47
3111 42
9327 50
Total admitted assets
202780 15
718902 54
718902 54
VNONLEDGER LIABILITIES
Resisted by Estimated
Company on expenses
In process of its own account incident to
adjustment Not outlawed settlement
Accident 6368 97 6512 00
Employers liability 9250 20 1037 00 69500 00
Plate glass 808 00
1 Total gross amount
of claims 16427 17
7549 00
69500 00420
COMPTROLLERGENERALS REPORT
3 Net amounts of un
paid claim account 16427 17 7549 00 69500 00
Aggregate of unpaid claims and expenses
4 Gross premiums upon all unexpired risks running one
year or less from date of policy
Unearned
portion 50
Premiums percent
Accident 164397 66 82198 83
Employers liability 360577 39 180288 69
Plate glass 80032 08 40016 04
Steam boiler 26814 53 13407 27
Total one year or less 315910 83
6 Total unearned premiums as computed
above carried out
8 Salaries rent expenses taxes bills accounts etc due
or accrued
Total amount of all liabilities
12 Joint stock capital actually paid up in cash 250000 00
13 Surplus beyond capital and other liabilities 58828 94
93476 17
Total
315910 83
686 60
410073 60
308828 94
718902 54
Business in the State of Georgia During the Year
Risks Premiums Losses Losses
written received paid incurred
Employers liability 305000 00 1795 79 1750 96 1750 96
Accident 858150 00 4862 65 1959 08 1959 08
7314 00 306 50 69 00 69 00
Plate glass
Steam boiler
5000 00 25 00
Amount
at risk Knd
of year
251000 00
729420 00
7165 00
4950 00
Aggregate1175464 00 6989 94 3779 04 3779 04 992435 00
BUSINESS IN GEOKGIA FOR YEAR ENDING APRIL 30 1898
Risks written during the year
Premiums
Losses
Tax
1180190 00
7508 23
5597 26
75 08
UNITED STATES GUARANTEE COMPANY OF NEW YORK N Y
ICAPITAL
1 Whole amount of capital stock 250000 00 250000 00
2 Amount paid up in cash 250000 00
IIASSETS
1 Market value of real estate owned by the company less
the amount of encumbrances thereon 1724 28
2 Loans on bond and mortgage duly recorded and being
first liens on the fee simple 450 00COMPTROLLERGENERALS REPORT
421
4 Value of lands mortgaged exclusive of
buildings and perishable improvements 1280 00
9 Total par and market value of stocks and bonds owned
absolutely by the company carried out at market value 363150 00
12 Cash in companys principal office 54909
in hands of agent 17406 72115
13 Cash belonging to the company deposited
in bank Chase Nat Bank 4655400
Merchants Loan and T Co 1082100
Tradesmens Nat Bank 116087 Knick
erbocker Trust Co 348442 Western
Nat Bank 64333 total 62663 62
Total cash items 63384 77
15 Interest due and accrued on stocks not included in mar
ket value uncollected 3705 90
17 Cash in hands of agents and in course of transmission 10949 39
Total assets of the company actual cash market value 443364 34
IIILIABILITIES
2 Gross losses in process of adjustment or in
suspense including all reported and sup
posed losses 31418 44
4 Total gross amount of claims for losses 31418 44
6 Net amount of unpaid losses 31418 44
7 Gross premiums without any deduction re
ceived and receivable upon all unexpired
guarantee risks running one year or less
from date of policy 85881 00
Unearned premiums fifty per cent 42940 53
8 Gross premiums without any deduction
received and receivable upon all unex
pired fire risks running more than one
year from date of policy 6174 50
Unearned premiums 2383 35
11 Total unearned premiums as computed above carried out 45323 88
17 Due and accrued for salaries rent advertising and for
agency and other miscellaneous expenses 525 00
19 All other demands against the company absolute and
contingent due and to become due admitted and con
tested viz Due for commissions 107480 reinsur
ance 273416 3708 96
20 Total amount of all liabilities except capital stock scrip
and net surplus 80976 28
21 Joint stock capital actually paid up in cash 250000 00
23 Surplus beyond capital and all other liabilities 112388 06
24 Aggregate amount of all liabilities including capital paid
up and net surplus 443364 34
IVINCOME DURING THE YEAR
On Guarantee Risks
1 Gross premiums and bills in course of col
lection at close of last previous year as
shown by that years statement 1284123422
COMPTROLLERGENERALS REPORT
4 Gross premiums on risks written and re
newed during the year 142971 59
Total 155812 82
6 Deduct premiums and bills in course of col
lection at this date 10949 39
7 Entire premiums collected during the year 144863 43
8 Deduct reinsurance and return premiums 41218 31
9 Net cash actually received for premiums 103645 12
10 Received for interest on bonds and mortgages
11 Received for interests and dividends on stocks and bonds
collateral loans and from all other sources
15 Aggregate amount of income actually received during
the year in cash
VEXPENDITURES DURING THE YEAR
On Guarantee Risks
1 Gross amount actually paid for losses 3321462
2 Deduct all amounts actually received for
salvages 7893 90
3 Net amount paid during the year for losses 25320 72
4 Cash dividends actually paid stockholders
5 Scrip or loss on sale of stock under book value
6 Paid for commissions or brokerage
7 Paid for salaries fees and other charges of officers
clerks agents and other employees
8 Paid for State National and local taxes in this and other
States
9 All other payments and expenditures viz Office charges
393454 postage 362418 printing and stationery
313325 inspection 306172 law charges 70722
advertising 108245 rent 336968 Ins loss adj 2
36289 total
Aggregate amount of actual expenditures during the
year in cash
Business in the State of Georgia During the Year
103645 12
972 66
12624 85
117242 63
25320 72 15000 00 12 50 14210 96
23297 00
1366 28
Guarantee risks written
Premiums received
21275 88
100483 34
78900 00
460 60
bUSINESS IN GEORGIA FOR YEAR ENDING APRIL 30
Risks
Premiums
Losses
Tax
87900 00
522 15
5 22COMPTROLLERGENERALS REPORT 423
UNITED STATES FIDELITY AND GUARANTY COMPANY BALTI
MORE MD
ICAPITAL STOCK
1 Amount of capital stock authorized 1000000 00
2 Amount of capital paid up in cash 805860 00
Amount of net or ledger assets December
31st of previous year 279025 99
Increase of capital during 1897 544660 00
Extended at 823685 99
IIINCOME DURING YEAR
As Shown by Boohs at Home Office December 31st
Fidelity and Surety
1 Gross premiums unpaid Dec 31 last year
paid 3732 40
2 Gross premiums written and renewed
during year 113505 54
Total 117237 94
3 Deduct gross premiums now in course of
collection 31120 85
4 Entire premiums collected during the year 86117 09
5 Deduct reinsurance abatement rebate
and return premiums 10306 50
6 Net cash actually received for premiums carried out 75810 59
9 Interest on collateral loans 1562 75
10 Interest on bonds and dividends on stocks
and bank balances 4299 45
Total interest 5862 20
14 Income from all other sources viz Sur
plus fund 800000 January 29 1898
surplus 5200000 60000 00
Collateral for security of risks 18847 38 78847 38
Total income during the year 160520 17
Sum total 984206 16
IIIDISBURSEMENTS DURING YEAR
As Shown by Books at Home Office December 31st
Fidelity and Surety
1 Gross amount paid for claims excepting
weekly indemnity 1544 34
Total 1544 34
5 Commission or brokerage to agents less
received on reinsurance 12913 58
6 Salaries traveling and all expenses of agents
and agencies not on commission account 5794 57424
COMPTROLLERGENERALS REPORT
8 Salaries and all other compensation of
officers 697999 and home office em
ployees 1133388
9 Taxes on premiums 11334 insurance
dept fees and agents licenses 786289
municipal licenses 4168
10 Rent
11 Legal expenses
12 Advertising 465093 printing and sta
tionery 569182
14 All other items viz Sundries telephone
telegrams brokers commissions etc
18313 87
8017 91
1575 00
1586 28
10342 75
14197 46
Total miscellaneous expenses
Total disbursements
Balance
72741 42
74285 76
909920 40
IVLEDGER ASSETS
As per Ledger Accounts Shown by the Books at Home Office at Close of Business
December 31st
1 Book value of real estate 33390 91
2 Mortgage loans on real estate 3579 49
3 Loans secured by pledge of bonds stocks
or other collaterals 25900 00
4 Book value of bonds excluding interest
18150201 and stocks 24679750 428299 51
5 Cash in companys office 3097822 depos
ited in bank 32882813 National Ex
change 1861449 Bait Trust and Guar
Co 709887 First Nat 26749112
Far Merchants 900000 Commerce
100852 Traders 37462 Western
100000 T Scott Son 1924053
Western Nat of New York 500000 359806 55
January 29 First Nat Bank 52000 00
6 Bills receivable 2129 14
7 All other items viz Furniture and
fixtures 4815 00
Total 809920 40
Total net ledger assets 909920 40
NONLEDGER ASSETS
12 Interest due and accrued 6382 78
13 Interest due and accrued 288 76
Total outstanding interest 6671 54
17 Market value of bonds and stocks over book value not in
cluding interest in item 11 5420 49
18 Gross premiums in course of collection to witCOMPTROLLERGENERALS REPORT
425
Not over Uopaid Net More than
three months Commis Premiums 3 months
due sion thereon due not
carried in
947 10
Fidelity and surety 30173 75 5628 64 24545 11
Total net not over three months due
Gross assets
24545 11
946557 54
DEDUCT ASSETS NOT ADMITTED
2 Furniture fixture and safes
3 Bills receivable unsecured
4815 00
2129 14
Total
Total admitted assets
6944 15
939613 40
VNONLEDGER LIABILITIES
Fidelity and surety in process of adjustment
4 Gross premiums upon all unexpired risks
running one year or less from date of
policy
Fidelity and surety premiums 9745543
unearned portion 50 per cent 4872772
Total one year or less
48727 72
Total unearned premiums as computed above car
ried out
11 All other liabilities viz Cash deposit as security for
risks
Total amount of all liabilities
12 Jointstock capital actually paid up in cash
13 Surplus beyond capital and other liabilities
91 78
48727 72
28649 68
805860 00
56284 22
77469 18
862144 22
Total
939613 40
Business in the State of Georgia During the Year
Fidelity
Surety
Risks written Premiums received Losses paid
504125 00 2329 51 27 98
39789 00 239 00
Aggregate 543914 00 2568 51
BUSINESS IN GEORGIA FOR YEAR ENDING APRIL 30 1898
Premiums
Losses
Tax
27
3411 37
27 98
34 11TABLE No i428
COMPTROLLERGENERALS REPORT
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p h m o i cc C OS
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SO I f CO 1 iC 20 h
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as oi Ttcci co cdoo
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ofsfcs
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co ic as io
CS t CO
en r CO iO
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CO CO CO 00 CO COINDEX
A
ETNA INSURANCE COMPANY HARTFORD CONN
Statement of for 1898 1518
ETNA LIFE INSURANCE COMPANY HARTFORD
CONN
Statement of for 1898166171
ACCIDENT DEPARTMENT ETNA LIFE INSUR
ANCE COMPANY HARTFORD CONN
Statement of for 1898363365
AGRICULTURAL FIRE INSURANCE COMPANY OF
WATERTOWN N Y
Statement of for 1898 1822
AMERICAN BONDING AND TRUST COMPANY OF
BALTIMORE MD
Statement of for 1898369371
AMERICAN CREDIT INDEMNITY COMPANY OF
NEW YORK N Y
Statement of for 1898 371373
AMERICAN FIRE INSURANCE COMPANY OF NEW
YORK
Statement of for 1898 2224
AMERICAN MUTUAL INDEMNITY COMPANY
SCR ANTON PA
Statement of for 1898301302
AMERICAN SURETY COMPANY NEW YORK N Y
Statement of for 1898366369
AMERICAN UNION LIFE INSURANCE COMPANY
Statement of for 1898171171
ATLANTA HOME FIRE INSURANCE COMPANY OF
ATLANTA GA
Statement of for 1898 2527
ATLANTA MUTUAL LIFE INSURANCE COMPANY
OF ATLANTA GA
Statement of for 1898302304442 INDEX
B
BANKERS GUARANTEE FUND LIFE ASSOCIATION
ATLANTA GA
Statement of for 1898304306
BANKERS LIFE INSURANCE COMPANY NEW
YORK N Y
Statement of for 189830630
BANKERS MUTUAL CASUALTY COMPANY DES
MOINES IOWA
Statement of for 1898373375
BRITISH AMERICAN ASSURANCE COMPANY OF
TORONTO CANADA
Statement of for 1898 2730
BRITISH AND FOREIGN MARINE INSURANCE
COMPANY OF LIVERPOOL ENGLAND
Statement of for 189875377
BOSTON MUTUAL LIFE ASSOCIATION BOSTON
MASS
Statement of for 1898309311
C
CALEDONIAN FIRE INSURANCE COMPANY OF
EDINBURGH SCOTLANDTHE UNITED
STATES BRANCH
Statement of for 1898 3032
CHICAGO GUARANTY FUND LIFE SOCIETY CHI
CAGO ILL
Statement of for 1898311313
CITY TRUST SAFE DEPOSIT AND SAFETY COM
PAXY OF PHILADELPHIA PA
Statement of for 1898377 379
COMMERCIAL UNION ASSURANCE COMPANY LIM
ITED OF LONDON ENGLAND
Statement of for 1898 3Lr
CONNECTICUT FIRE INSURANCE COMPANY HART
FORD CONN
Statement of for 1898 3911
CONNECTICUT INDEMNITY ASSOCIATION WATER
BURY CONN
Statement of for 1898313316
CONNECTICUT MUTUAL LIFE INSURANCE COM
PAN OF HARTFORD CONN
Statement of for 1898171179INDEX 443
CONTINENTAL INSURANCE COMPANY OF NEW
YORK
Statement of for 1898 3538
D
DELAWARE INSURANCE COMPANY OP PHILADEL
PHIA PA
Statement of for 1898 4144
E
EMPLOYERS LIABILITY ASSURANCE CORPORA
TION LIMITED ENGLANDU S BRANCH
Statement of for 1898380382
EQUITY LIFE ASSOCIATION STAUNTON VA
Statement of for 1898316318
EQUITABLE LIFE ASSURANCE COMPANY OF THE
UNITED STATES OF NEW YORK N Y
Statement of for 1898179183
F
FIDELITY AND CASUALTY INSURANCE COMPANY
OF NEW YORK N Y
Statement of for 1898383384
FIDELITY AND DEPOSIT COMPANY OF MARY
LAND
Statement of for 1898384387
FIDELITY MUTUAL LIFE ASSOCIATION PHILA
DELPHIA PA
Statement of for 1898318321
FIRE ASSOCIATION OF PHILADELPHIA PA
Statement of for 1898 4446
FIREMANS FUND FIRE INSURANCE COMPANY OF
SAX FRANCISCO CAL
Statement of for 1898 4750
G
GENERAL MARINE INSURANCE COMPANY OF
DRESDEN GERMANY
Statement of for 1898387388
GEORGIA HOME FIRE INSURANCE COMPANY OF
COLUMBUS GA
Statement of for 1898 5052
444 INDEX
GEORGIA SICK AND ACCIDENTAL BENEFIT ASSO
CIATION ATLANTA GA
Statement 321322
GERMAN AMERICAN FIRE INSURANCE COMPANY
OF NEW YORK N Y
Statement of for 1898 5254
GERMANIA FIRE INSURANCE COMPANY OF NEW
YORK N Y
Statement of for 1898 5557
GERMANIA LIFE INSURANCE COMPANY OF NEW
YORK N Y
Statement of for 1898183187
GLENS FALLS FIRE INSURANCE COMPANY OF
GLENS FALLS NEW YORK
Statement of for 1898 5760
GREENWICH FIRE INSURANCE COMPANY OF NEW
YORK N Y
Statement of for 1898 6063
GUARANTEE COMPANY OF NORTH AMERICA FIRE
INSURANCE COMPANY OF MONTREAL
CANADA
Statement of for 1898388390
GUARANTEE SAFETY FUND LIFE ASSOCIATION
MACON GA
Statement of for 1898322324
H
HAMBURGBREMEN FIRE INSURANCE COMPANY
OF HAMBURG GERMANY
Statement of for 1S98 6365
HANOVER FIRE INSURANCE COMPANY OF NEW
YORK N Y
Statement of for 1898 6568
HARTPRD FIRE INSURANCE COMPANY HART
FORD CONN
Statement of for 1898 6870
HARTFORD LIFE INSURANCE COMPANY HART
FORD CONN
Statement of for 1898324327
HARTFORD STEAM BOILER INSPECTION AND IN
SURANCE COMPANY OF HARTFORD CONN
Statement of for 1898391393
HOME INSURANCE COMPANY OF NEW YORK
Statement of for 1898 717aINDEX 4C
HOME FRIENDLY SOCIETY BALTIMORE MD
Statement of for 1898327329
HOME LIFE INSURANCE COMPANY OP NEW YORK
N Y
Statement of for 1898187192
I
ILLINOIS LIFE ASSOCIATION CHICAGO ILL
Statement 332335
IMPERIAL FIRE INSURANCE COMPANY LIMITED
OF LONDON ENGLANDU S BRANCH
Statement of for 1898 7476
INDUSTRIAL AID ASSOCIATION ATLANTA GA
Statement of for 1898330332
INSURANCE COMPANY OF NORTH AMERICA OF
PHILADELPHIA PA
Statement of for 1898 7679
IOWA LIFE INSURANCE COMPANY SIOUX CITY
IOWA
Statement of for 1898193197
INSURANCE
Names and postoffices of authorized agents 613
Names of special agents 1898 14
Names and postoffices of Fire Insurance Companies
authorized to transact business 1898 3
Names and postoffices of Life Insurance Companies
authorized to transact business 1898 4
Names and postoffiees of assessment life and accident
companies authorized to transact business 1898 4
Names of other than life or fire insurance companies
authorized to transact business 1898 5
Companies doing business through brokers and who
make no deposit with the State 45
Companies doing business in 1897 that have withdrawn 5
INSURANCE COMPANIES
FireGeneral Condition428429
Old Line LifeGeneral Condition 430
Accident Casualty Surety and MarineGeneral Con
dition 4B1
FireBusiness 432433
Old Line LifeBusiness 434
Assessment Life and AccidentBusiness 435
Accident Casualty Surety and MarineBusiness 436446
INDEX
Fire doing brokers businessGeneral Condition 437
Comparative business of insurance companies from
1889 to 1898438439
LANCASHIRE FIRE INSURANCE COMPANY OF
MANCHESTER ENGLAND
Statement of for 1898 7981
LION FIRE INSURANCE COMPANY OF LONDON
ENGLAND
Statement of for 1898 8184
LIVERPOOL AND LONDON AND GLOBE FIRE IN
SURANCE COMPANY OF ENGLAND
Statement of for 1898 8487
LIVERPOOL AND LONDON AND GLOBE FIRE IN
SURANCE COMPANY OF NEW YORK
Statement of for 1898 8789
LONDON ASSURANCE CORPORATION OF LONDON
ENGLAND
Statement of for 1898 8991
LONDON AND LANCASHIRE FIRE INSURANCE
COMPANY OF LIVERPOOL ENGLAND
Statement of for 1898 9193
LONDON GUARANTEE AND ACCIDENT COMPANY
LIMITED OF LONDON ENGLAND
Statement of for 1898390398
LLOYDS PLATE GLASS INSURANCE COMPANY OF
NEW YORK N Y
Statement of for 1898393395
M
MAGDEBURG FIRE INSURANCE COMPANY OF
MAGDEBURG GERMANY
Statement of for 1898 9490
MANCHESTER FIRE ASSURANCE COMPANY OF
MANCHESTER ENGLAND
Statement of for 1898 98101
MANHATTAN LIFE INSURANCE COMPANY OF NEW
YORK N Y
Statement of for 1898197202
MANHATTAN FIRE INSURANCE COMPANY OF THE
CITY OF NEW YORK
Statement of for 1898 909SINDEX
447
MARYLAND CASUALTY COMPANY BALTI
MORE MD
Statement of for 1898398400
MARYLAND LIFE INSURANCE COMPANY BALTI
MORE MD
Statement of for 1898202207
MASSACHUSETTS MUTUAL LIFE INSURANCE COM
PANY SPRINGFIELD MASS
Statement of for 1898207212
METROPOLITAN PLATE GLASS INSURANCE COM
PANY OF NEW YORK N Y
Statement of for 1898398400
METROPOLITAN LIFE INSURANCE COMPANY OF
NEW YORK
Statement of for 1898212216
MICHIGAN MUTUAL LIFE INSURANCE COMPANY
OF DETROIT MICHIGAN
Statement of for 1898217221
MUTUAL BENEFIT LIFE INSURANCE COMPANY
NEWARK N J
Statement of for 1898221226
MUTUAL LIFE INSURANCE COMPANY OF LOUIS
VILLE KY
Statement of for 1898226230
MUTUAL LIFE INSURANCE COMPANY OF NEW
YORK N Y
Statement of for 1898231235
MUTUAL RESERVE FUND LIFE ASSOCIATION
NEW YORK N Y
Statement of for 1898335337
N
NATIONAL FIRE INSURANCE COMPANY OF HART
FORD CONN
Statement of for 1898101103
NATIONAL LIFE ASSOCIATION HARTFORD
CONN
Statement of for 1898338341
NATIONAL MUTUAL LIFE ASSOCIATION ST PAUL
MINNv
Statement of for 1898341343
NATIONAL SURETY COMPANY OF NEW YORK
N V
Statement of for 1898401403448
INDEX
NEW ENGLAND MUTUAL LIFE INSURANCE COM
PANY BOSTON MASS
Statement of for 1898235239
NEW ENGLAND MUTUAL ACCIDENT ASSOCIATION
BOSTON MASS
Statement of for 1898345317
NEW YORK CASUALTY COMPANY NEW YORK
N Y
Statement343345
NEW YORK LIFE INSURANCE COMPANY OF NEW
YORK N Y
Statement of for 1898210241
NEW YORK PLATE GLASS INSURANCE COMPANY
OF NEW YORK N Y
Statement of for 1898403405
NIAGARA FIRE INSURANCE COMPANY OF NEW
YORK N Y
Statement of for 1898103105
NORTH BRITISH AND MERCANTILE INSURANCE
COMPANY OF LONDON AND EDINBURGH
U S BRANCH
Statement of for 1898108110
NORTHERN ASSURANCE COMPANY OF LONDON
ENGLANDU S BRANCH
Statement of for 1898110113
NORTHWESTERN LIFE ASSURANCE COMPANY OF
ILLINOIS
Statement of for 1898318351
NORTHWESTERN MUTUAL LIFE INSURANCE COM
PANY OF MILWAUKEE WISCONSIN
Statement of for 1898244249
NORWICH UNION FIRE INSURANCE COMPANY OF
ENGLAND
Statement of for 1898100108
ORIENT FIRE INSURANCE COMPANY OF HART
FORD CONN
Statement of for 1898114llttINDEX
P
449
PACIFIC FIRE INSURANCE COMPANY OF NEW
YORK N Y
Statement of for 1898117119
PACIFIC MUTUAL LIFE INSURANCE COMPANY
SAN FRANCISCO CAL
Statement of for 1898249254
PALATINE INSURANCE COMPANY LIMITED OF
MANCHESTER ENGLAND
Statement of for 1898119121
PENNSYLYAXIA FIRE INSURANCE COMPANY OF
PHILADELPHIA PA
Statement of for 1898122124
PENNSYLVANIA MUTUAL LIFE INSURANCE COM
PANY PHILADELPHIA PA
Statement of for 1898254259
PHCENIX ASSURANCE COMPANY OF LONDON ENG
LANDU S BRANCH
Statement of for 1898124120
PHCENIX FIRE INSURANCE COMPANY OF BROOK
LYN N Y
Statement of for 1898126129
PHCENIX MUTUAL LIFE INSURANCE COMPANY
HARTFORD CONN
Statement of for 1898 259264
PREFERRED ACCIDENT INSURANCE COMPANY
NEW YORK N Y
Statement of for 1898405407
PROVIDENT SAVINGS LIFE ASSURANCE SOCIETY
OF NEW YORK N Y
Statement of for 1898264209
PRUDENTIAL INSURANCE COMPANY NEWARK
N J
Statement of for 1898269274
a
QUEEN FIRE INSURANCE COMPANY OF AMERICA
NEW YrORK N Y
Statement of for 1898131134450
INDEX
R
ROYAL UNION MUTUAL LIFE INSURANCE COM
PANY DES MOINES IOWA
Statement of for 1898274278
ROCHESTER GERMAN INSURANCE COMPANY OF
ROCHESTER N Y
Statement of for 1898134130
ROYAL FIRE INSURANCE COMPANY OF LIVER
POOL ENGLANDU S BRANCH
Statement of for 1898136139
S
SCOTTISH UNION AND NATIONAL FIRE INSUR
ANCE COMPANY OF EDINBURGH SCOTLAND
Statement of for 1898139142
SECURITY MUTUAL LIFE ASSOCIATION B1NG
HAMPTON N Y
Statement of for 1898352355
SECURITY TRUST AND LIFE INSURANCE COM
PANY OF PHILADELPHIA PENN
Statement of for 1898279282
SOUTHERN FIRE INSURANCE COMPANY ATLAN
TA GA
Statement of for 1898142144
SOUTHERN MUTUAL FIRE INSURANCE COMPANY
OF ATHENS GA
Statement of for 1898144145
SPRINGFIELD FIRE AND MARINE INSURANCE
COMPANY OF SPRINGFIELD MASS
Statement of for 1898145148
STANDARD LIFE AND ACCIDENT INSURANCE COM
PANY OF DETROIT MICH
Statement of for 1898407409
STATE LIFE INSURANCE COMPANY INDIANAPO
LIS INI
Statement of for 1898355358
ST PAIL FIRE AND MARINE INSURANCE COM
PANY OF ST PAUL MINN
Statement of for 1898148151
SUN INSURANCE OFFICE INSURANCE COMPANY
OF LONDON ENGLANDU S BRANCH
Statement of for 1898151153INDEX 451
SUN MUTUAL FIEE INSURANCE COMPANY OF
NEW ORLEANS LA
Statement of for 1898154156
T
THE TRADERS AND TRAVELERS ACCIDENT COM
PANY NEW YORK N Y
Statement of for 1898358360
THAMES AND MERSEY MARINE INSURANCE COM
PANY LIMITED OF LIVERPOOL ENGLAND
U S BRANCH
Statement of for 1808409411
THE AMERICAN CREDIT INDEMNITY COMPANY OF
NEW YORK N Y
Statement of for 1898 37133
THE AMERICAN SURETY COMPANY OF NEW
YORK
Statement of for 1898 366369
TRAVELERS INSURANCE ACCIDENT DEPART
MENT COMPANY HARTFORD CONN
Statement of for 898412414
TRAVELERS LIFE INSURANCE COMPANY OF
GEORGIA
Statement of for 1898282286
TJ
UNITED STATES CASUALTY INSURANCE COM
PANY OE NEW YORK N Y
Statement of for 1898415417
UNITED STATES FIDELITY AND GUARANTY COM
PANY BALTIMORE MD
Statement of for 1898423425
UNITED STATES GUARANTEE COMPANY OF NEW
YORK N Y
Statement of for 1898420422
UNITED STATES LIFE INSURANCE COMPANY NEW
YORK N Y
Statement of tor 18982l
UNION ASSURANCE SOCIETY OF LONDON ENG
LAND
Statement of for L89S156158
UNION CENTRAL LIFE INSURANCE COMPANY CIN
CINNATI OHIO
Statement of for 1898287291452 INDEX
UNION CASUALTY AND SURETY COMPANY ST
LOUIS MO
Statement of for 1898417420
W
WASHINGTON LIFE INSURANCE COMPANY OF
NEW YORK
Statement of for 1898297300
WESTERN ASSURANCE COMPANY OF TORONTO
CANADA
Statement of for 1898159161
WESTERN MUTUAL LIFE ASSOCIATION CHICAGO
ILL
Statement360362
WESTCHESTER FIRE INSURANCE COMPANY OF
NEW YORK N Y
Statement of for 1898161163
WILLIAMSBURGH CITY FIRE INSURANCE COMPA
NY OF BROOKLYN N Y
Statement of for 1898163166
SiGA
AUNIVERSITY
OF GEORGIA LIBRARES
3 ElOfi D5424 2741