06 Department KndlR 0ct THE LIBRARY OF THE UNIVERSITY OF GEORGIA hh X v ill REPORT OF THE Insurance Department OF THE COMPTROLLERGENERALS OFFICE FOR THE YEAR ENDING OCTOBER i iqoi THE GENERAL LIBRARy THE UNIVERSITY OF STATr m ATLANTA GA Geo W Harrison State Printer The Franklin Printing and Publishing Company 1901 THE GENERAL LIBRARY THE UNIVERSITY OF GEORGIA ATHENS GEORGIA jttMMJ ijjiwREPORT Atlanta Ga October 1 1901 To His Excellency Allen D Candle Governor Sir In compliance with law I have the honor to submit the annual report of this department for the year ending September 30th 1901 All classes of insurance companies licensed by me for this year except cooperative or assessment life companies show healthy in creases in the volume of business as well as in excesses of pre miums over losses The revenue of the State derived from this source has steadily increased and has this year reached the sum of 10096540 For detailed statements of business written premiums received on old and new business losses paid and unpaid 1 refer you to tables from 1 to 7 both inclusive of this report I desire to again renew my recommendation that all nonresi dent cooperative or assessment life insurance companies be re quired to make a deposit with the State of not less than 25000 for the protection of their policyholders in Georgia many ot these companies having only nominal invested assets which could be reached by a policyholder holding a judgment against them In the case of Georgia companies of this class I would also suggest that before they be allowed to do business they be required to de posit as a guaranty fund not less than 25000 said fund to re main in the custody of the State for the protection of their policy holders until their cash or invested assets amount to said sum The Act of December 18th 1893 authorizing the incorpora tion of mutual or cooperative fire insurance companies should be repealed Experience has demonstrated the absolute unwisdom of this law Every company organized in Georgia under this Act THE GENERAL LIBRARY rHE UNIVERSITY OF GEORlJHf ATHENS GEORGIA THE GEr 2 COMPTROLLERGENERALS REPORT lifter doing business for a few months has failed and been wound up by the courts which was soon done as the companies were found to be without assets and of course in every case some of our citizens suffered I would also call attention to a defect in the Act of 1887 where by all insurance companies are prohibited under proper penalties from undertaking to do business in this State until they have com plied with all of the requirements of our statutes and licensed by this department There are no penalties however provided for a Georgia company with headquarters in the State but not licensed by me for issuing policies on property outside of the State of Georgia The result has been that two such companies organized under charters granted by the State not being able to comply with the requirements of our laws have not been licensed by this depart ment yet they have both been writing insurance from their At lanta offices on property iu quite a number of States At its last session the General Assembly passed an Act prescribing conditions upon which fraternal life insurance orders should be licensed to do business in this State and while the purpose of this law was good the provisions of the Act are such as to defeat its purpose I would therefore recommend the repeal of the law altogether or that it be amended so as to prescribe some standard of solvency or clothe the Insurance Commissioner with authority to pass upon their solvency Persons seeking this class of insurance should have the same protection as citizens seeking insurance from other classes of life insurance in this State Respectfully Wm A Wright ComptrollerGeneral and Insurance Commissioner N COMPTROLLERGENERALS REPORT 3 The following Fire Life and other Insurance Companies having com plied with the law are authorized to transact business in the State for the year 1901 FIRE INSURANCE COMPANIES Agricultural Fire Watertown New York American Fire New York Etna Fire Hartford Conn Atlanta Home Atlanta Ga British America 18 Front Street Toronto Canada Caledonia Fire 27 Pine Street New York Citizens Fire St Louis Mo Commercial Union 58 William Street New York Continental 46 Cedar Street New York Connecticut Fire Hartford Conn Fire Association of Philadelphia 34 Fifth Street Philadelphia Pa Farmers Cooperative Jackson Ga Farmers Mutual Fire Fort Gaines Ga Firemans Fund San Francisco Cal Georgia Home Columbus Ga German Freeport 111 GermanAmerican 115 Broadway New York Germania Fire 117 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 HanoverFire 40 Nassau Street New York Hartford Fire 53 Trumbull Street Hartford Conn Helvetia Swiss 29 Liberty Street New York 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 Williams 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 71 Williams Street New York Manchester Fire 171 La Salle Street Chicago Mercantile Mutual Fire 10 Weybossett Street Providence R I National Fire Hartford Conn Niagara New York New Hampshire Manchester N H Norwich Union 67 Wall Street New York North British and Mercantile U S B 54 Williams 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 eo 4 COMPTROLLERGENERALS REPORT Phoenix Assurance of England U S B 67 Wall Street New York Phoenix of New York 16 Court Street Brooklyn New York Phoenix of Connecticut 64 PearlStreet Hartford Conn Queen of America 49 Cedar Street New York Rochester German Rochester New York Royal Liverpool England Louisville Ky Scottish Union and National U S B 222 Asylum Street Hartford Conn Southern Mutual Athens Ga Springfield Fire and Marine Springfield 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 U S B 35 Pine Street New York Western Assurance f2 Wellington Street Toronto Canada Westchester Fire 27 and 29 Pine Street New York Williamsburg City Fire 13 Broadway Brooklyn N Y LIFE INSURANCE COMPANIES Ktna Life Hartford Conn Connecticut Mutual Life Hartford Conn Equitable Life 120 Broadway N Y Fidelity Mutual Life Philadelphia Pa Franklin Life Springfield 111 Germania Life 20 Nassau Street New York Hartford Life Hartford Conn Home Life 38 Court Street Brooklyn N Y 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 Mutual Life of New York 32 Nassau Street New York Mutual Life of Kentucky corner Fifth and Market StreetsLouisville K Mutual Reserve Fund 305 Broadway New York National Life 1430 V Street Washington D C National Life Montpelier Vermont New Kngland Mutual Life Boston New York Life 346 and 348 Broadway New YTork 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 IowaCOMPTROLLERGENERALS REPORT Security Trust Philadelphia Pa Security Mutual Life Binghamton New York Sun Life Montreal Canada State Life Indianapolis Ind State Mutual Life Worcester Mass Travelers Life 56 Prospect Street Hartford Conn United States Life 161 Broadway New York Union Central Life 243 West Foivth Street Cincinnati Ohio Washington Life 21 Courtland Street New York ASSESSMENT LIFE AND AOCOIDENT INSURANCE COMPANIES American Assurance Association Atlanta Ga American Annuity and Mutual Life Atlanta American Temperance Life New York Equity Life Association Staunton Va Empire Mutual Annuity and Life Atlanta Ga Georgia Mutual Life and Annuity Rome Ga Georgia Sick and Accident Association Atlanta Ga Georgia Cooperative Fire Association Augusta Ga Georgia Relief Association Columbus Ga Home Friendly Society 100 West Fayette St Baltimore Md Industrial Aid Association Atlanta Ga Mutual Benevolent Association Atlanta Ga Mutual Aid Association Columbus Ga Mutual Aid Association Augusta Ga National Benefit Society Atlanta Ga Provident Life and Annuity Baltimore Md State Mutual Life and Annuity Rome Ga OTHER THAN LIFE OR FIRE Etna Indemnity Hartford Conn American Surety New York American Credit Indemnity Company New York American Bonding and Trust Company Baltimore Md 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 U S B Philadelphia Pa Guarantee of N A 157 St James Street Montreal Canada Hartford Steam Boiler 218 Main Street Hartford Conn Lloyds Plate Glass 68 Williams Street New York London Guarantee and Accident 139 LaSalle Street Chicago 111 Maryland Casualty Company Baltimore Md Metropolitan Plate Glass Company 166 Liberty Street New York National Surety Company New York N Y New York Plate Glass New York Ocean Accident 316 Broadway New York6 COMPTROLLERGENERALS REPORT Pennsylvania Casualty Scranton Pa Pacific Surety San Francisco Cal Preferred Accident 202 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 Fidelity and Guaranty Baltimore Md FRATERNAL ORDERS Anvil Savannah Ga American Guild Richmond Va Ancient Order Amoreans Little Rock Ark Acme Fraternal Union Sedalia Mo Bankers Union Omaha Neb Catholic Knights of America St Louis Mo Fraternities Accident Order Philadelphia Pa Fraternal Union of America Denver Col Independent Order of Foresters Toronto Canada Knights of Damon Macon Ga Imperial Union Richmond Va Improved Order Hepsatophs Baltimore Md Loyal Additional Benefit Association Jersey City N J Masons Annuity Atlanta Ga National Union Toledo Ohio Protected Knights of America Jackson Miss Royal Arcanum Boston Mass Royal Benefit Society Washington D C Sons of Liberty Milledgeville Ga United Benevolent Society Atlanta Ga Woodmen of the World Omaha NebCOMPTROLLERGENERALS REPORT LIST OF NSURANCE AGENTS WHO HAVE PAID THE OCCUPATION TAX FOR THE YEAR 1901 From January 1st to October 1st of said Year Caton W F Baker Melton Brumby C W Darwin Jno A Co Dubose R T Johnson S M Allen T V H Co Alexander fc Johnson Barrett H G Burk J A Butt F M Costello E J Akers Skinner Atkinson J P Ainsley Lipscombe Jerome Andrews G W Alfriend E W Co Angier C Black C H Barnes Z A Brown lloyt Boston Black E R Brown Miss Elizabeth Brodnax F E Byrley J H Beven B Bennett P Brown Jas Appling Columbia County Small B F Arlington Calhoun County Thomas W C Ward J E V Adairsville Barlow County Pinston X D Abbeville Wilcox County Snow H O Athens Clarke County Ketchum W H Newton Bryan Kytle Jackson Wheatley J L Lipscombe Co Wllklns J J Morton J AY Augusta Richmond County Cohen 1 J Co Cohen Louis Dunbar A Williams Dreger W T Graham F T Heard I T Atlanta Fulton County Field Julian Girardeau C H Co Greenwood L A Gregory Y II Gay A M Gulnn it I Hatcher Dunlap Hurt Ceo V Haygood V A Hull A P Haas J Co Jackson N F Jones 1 A Johnson J M Jones John H Jackson H S Ma l hews C S Mulherin Armstrong North H M Phinizy F Smith C O Walker J W Peters E J Patton Miss Juila I Patterson Reynolds Pearson F Pendleton W M Roblson Holleman Russell S Ravenel St Julian Rood R W Rowland Juo F Roberson F C Roberts T F Bawls A W SawtellLP Shulhafer A E Slireve T C Shumate R T8 COMPTROLLERGENERALS REPORT Cleland J B Callaway O M Cox H O Cowles J S Camp D C Chapin W E Curtley Miss Carrie Dargan J T Davis J Dodd A P Dobbins W C Port C M Fielder Allen Florence W Davis J H Co Harley 1 J Jackson Robert Argo J T Thornton W J Council C M Hansford L M Bagley I V Allen Co Perry E 1 Blalock Miss E D Murphey E S Murphey O A Farmer Clarke Outlaw 1 M Leyens II W Pattillo L P Jones 1 M Thompson Hubbard Williams Thornton John R Tedford F Thorn C C Vandyke B B Waldo A L Watkins B B Williams T H Wilhelm J E Wynn J O Williford A J Wood E R Welch L E Wight E L Co Jr Mullen J H Mead W Z McCullock J E McCandless E s McGath J Moody J T McCowen 1 D Northen C S Owens J S Overby T H Pitts D 11 Paschal W G Pearce Jno W Albany Dougherty County SterneE Warren R H Acworth Cobb County Lemon J L Austell Cobb County Shelverton C 1 Ashburn Worth County Jenkins W S Amerityus Sumter Comnty Warren L Riviere las A Taylor A Furlow W C Arthur F B Davenport W C Sen Taylor L 11 Wheatley J W Co Ellis R C Bainbridge Decalur County Smith T 1 Craves J R Tonge V D Barnesville Pike County Elder Edward Thurman M Powell Holmes AVilkeison W R Ridley i B Bartow Jefferson County Sanders W D Whigham Geo R Mallette M R Baxley Appling County Parker C H Blahley Early County James D W Bowman Elberl County Brantley A P Blue Bidge Fannin County McKinney T S Buford iwinnett County Shadburn Y B Sudderth D G Ilonair Houston County 1 lozier Jno W Boston Thomas County Sanders GeigerCOMPTROLLERGENERALS REPORT McCall H Nor then E A Brown M L Abrams J B Fleming P W Starr O N Dawley T H Drake W N Flake W C Adamson J R Jones J R Aubrey G H Adamson I W Xirris 1 T Floyd J B Davis W Alexander W V Kru in Jeo P Bache B F Chappell L II Crawford A L Coart J C Minn H C Lott Win McKee W Denson W II Malone W A Coleman F A Buena Vista Marion County Singleton W C Wynn S J Bremen Harcdson County Holland T M Brunswick Glynn County Co Taylor C A Wright I S Montgomery J A Smith Geo H Butler Taylor County Childs W A Calhoun Cordon County Neal Jno A Co Ramsaur A E Camilla Mitchell County Twitty Mrs M Canton Cherokee County Perry B F Carnesville Franklin County Pricks A L Carrollton Carroll County Browne X B Brodnax E B Corner Madison County Brown A D Cartersiille Bartow County Pyron J B V Son Mann R F Readier C Cedartoirn Polk County Barber 1 R Morris 1 M Cleveland White County Iitts F M Concord Pike County Lee R E Chipley Harris County Murrah T T Cairo Thomas County Wight K P Conyers Eockdale County Co McBlvaney BroadnaxOKelly T D Clarkesrille Hahersham County King Sellars Columbus Muscogee County Ledbetter Harris Sanders Davis W McKenzie Blackmar A Black 1 W Edge C J Hill J B Kimbell J B Moses Y M Newman Hill Wileox D F Co Green W S Medley C R McKee 1 W Harris I II Co Colzey E T Huff B Co Woolfolk hasvs 10 Campbell H W Griffin J J Lester J G COMPTROLLER GENERALS REPORT Culloden Monroe County Powell Win Cordele Dooly County Ketcham R P Cobb Bros Covington Newton County Sims J P Hays R N Coehran Pulaski County Taylor Peacock Cuthbert Randolph County Morris W E Morrison N B McPherson Co Stanford Hansell Craufordoille Taliaferro County Griffith M F Dalton Whitfield County Pruden W H Son Owens Jno W Warnack Jno Brantley A Hood A McDonald Geo Moore C G Thornton J D Brooks T J Loyless S A Leslie T O Pickett D C Marshall T B Ross T D George J R Roberson F N Bnrney J A Roberts Herman Adams Co Brown iV 1ead Shinholster T J Thrower H Smith A F Carter J J Darst K M Hollis L O Pruden F S Dallas Pauldlng County Davis Leonard Darien Mclntosh County Kenan S Douglasvilt e Douglas County Leake B Dawson Terrell County Horsley J A Parks Bell Lowry M M Co Baldwin Marlin Douglas Coffee County Shelton J L Baker Turner Dahlonega Lumphin County Stewart J S Decatur DeKalb County Ramspeck J L Dublin Laurens County Caldwell J B Peacock T A Garrett A v Eastman Dodge County Park Harper Co Thompkins P Eatonton Putnam County Dennis M B Co Little W C Elko Houston County Elberton Elberl County Wilhite Arnold Black Heard Blackwell Ellijay filmer County ttolden B S Fayctleville Fayette County Holllngsworth V B Forsyth Monroe County Hollis L Lancaster J 1 Jackson C H Maynard P B Bowden P ACOMPTROLLERGENERALS REPORT 11 Brice P T Murphey Whitman Vinson J W Brown Mrs King W B Kimbrough E E Banks N O E Pinkston W L Bailey D J Drewry fc Tbaxton Drake R H Co Torrence B W Jenkins W E Carson J M Allord Thornton Brantley Asa Parsons B F Peters F Fitzgerald Irwin County Fanner Bowen Roundtree J H Fort Gaines Clay County McClendon King Cos Peterson R tello Fort Valley Houston County W Emma Skellie A D P H Gainesville Hall County Palmour B T Welchel B H Dunlap Hall Wall W V Cordon Wilkinson County Dewell W D Grantville Coweta County Sewell Colley Greensboro Greene County King C M Greenville Meriwether Co Tignor J O Griffin Spalding County Murphey T E Nicbols J P Cleveland Smith Johnson Murray Hamilton Harris County Wells E B Harmony Grove Jackson County Little T C Hazlehurst Appling County Moore H G Hartwell Hart County Hodges J H Boyd B W Hillsboro Jasper County Middlebrooks F G Hawkinsville Pulaski County E Z F Golden Ragan T B Dawson W P Whitneld J J Mangham Brooks Patterson Smith Gray Yonng Mobley Wilkinson Etberidge F S Co Thornton J D Thornton J Jewell D A Hodges L T Mosley J B Addington W Barton E L Brand L M Moore J B H Hogansiille Troup County Word M K Irwinville Irwin County Harris J H Jackson Butts County Jackson Mercantile Agency Mallette Nutt Aesup Wayne County Littleneld O F Jefferson Jackson Comity Mahaffey E C Jonesboro Clayton County Williamson R M Blalock Lavonia Franklin County Cook Jas A Tabor J A Knox A Barton Lawrenceville Qwinnett County Peeples R L Sudderth D J Carmical Geo Kinnard S B Walker C M J O12 COMPTROLLERGENERALS REPORT Lumpkin Shattoeh Lassiter D L Bradfield E R Cleveland C O Castello E T Phillips Phillips Mardre W L LaFayeiie Walker County Rosser J E LuthersviUe Meriwether County Upshaw T LaGrange Troup County Tuggle W T Reaves Awtry Whitson L I Louisville Jefferson County Farmer L R Warren G W bumpkin Stewart County Layfield T C Adams C M HorneTurpln Co Harris H C Solomon W M Co Killings J W Martin B P Lowry T S Beck C G Poster Butler Mustin W R Middlebrooks P Cohen T S McRae M L Bridges 11 c BellA Conn McCraw M A Carreker C I Baldwin W 1 Crawford C S larswell M A Lewis Geo A Lanier A L Cobb Stetson Mallary Harris M Home E A Lester McCrear Harper A T Wise B A Pugh G W Lula Hall County Ramsey R A Lyons Tattnalt County Griffin P TV Macon Bibb County Murphey T E King V It M urphey 1 C Byrne Jno W Lucas 1 W Bannon Miss A Schofleld Rogers Cabaniss Walker Coleman Midland Muscogee County Bond J L Madison Morgan County Sturgess J 1 Daniel W R Shaw H T Thomason Robisou Godfrey A Williford Q L Marietta Cobb County Sessions M M McRae Telfair County Gentry E T Co McDonougli Henry County Dlxon T B Meal Copeland Lowe M Harris Moore Miltedgerilte Baldwin County Carrlngton Misses CB Stelnbridge Sons C S Hall P A Marshallrille Macon County Rice W H Taylor A w Matheus Jefferson County Rhodes M A Warren G W Mitten Sereven County Humphrey C II Monroe Walton County Walker B S Molena Pike Count Pirkle W S Mount Vernon Montgomery Count Preseott W JCOMPTROLLERGENERALS REPORT lo Thompson Malone Lewis Ino F Sons Hill Y DeVaughn J E Dozier P N J Kline G R Harris J H Fisher H G Co Herring J It I Iraki V X Everett J A Holland E H penson L K Gaulden W T Boynton J O Dixon R T R J Faxon R S Beisiegle G C Cheney A D Cothran 11 i Co Goetchius r Monticello Jasper County Hill H C Hill W C Montezuma Macort County Turner Hicks Gallaher McKenzie J W Moultrie Colquitt County Clark Z II Parker T H Monk 1 F Bivins F J Nashville Berrien County Peeples R A Son Newburn Newton County Duke L T Newnan Cowetn County Hill A W Atkinson Mrs W Y Plains Surnter County Thomas W S Pelfiam Mitchell County Twitty W C Perry Houston County Cnlpepper Geo B Anderson Kinard Moore R C Cooper C F Quitman Brooks County Cain Miss Edna Groover iV Co Branch L W Reynolds Taylor County Hinton R A Roberta Crawford County Kent J L Royston Franklin Count McConnell U J Co Rofgoille Walker Comity Moyses Sol Rockmart Polk County Beasley It R Rochelle Wilcox Comity 1 truce B C Rome Floyd County Graves R A Co King C V Co Mauley M Young H L Baum C M Harris J A Moultrie E 1 Walton V L Yaucey II Coj Savannah Chatham County Hopkins VV J Kolloek Sereven E Kolshorn La Roche 1 i Mathews G C 3 Mercer Geo A Son Moses C F McHenry 1 6 Footman Ceo D Co Morris Ino Farie L A Co Newcomb Connerat Train Harty Harrison W G R C OConnor B II Tumlin V I llaines Geo S Polls 1 R Wi son W L Co Harmon A C Postell Mrs Sarah B ZulouskiS Hatch C Arline T J Brooks J F Coney W M W Daniel Carswell Dearing Hull Davant R J Son DeLettre G 0 Elliott A B Reaves W A Rowland Rowland Shellman A L Schley Seder O Smith I Strosser A Sweat A Thompson T F1 v 14 COMPTROLLERGENERALS REPORT Baslilnsky H Bashinsky Rogers Bigby Jno F Pollock McKnight Anderson C M Johns W S Burnett W H Duggan M L Brannon T A Coleman J L Sandersville Washington County Holt Harris Robison S B Lovett B B Bro Washington Harman Sharon Taliaferro County Kendrick J L Senoia Coweta County Sasser J A Sylrania Screven County Mathews W L Spring Place Murray County Wamach Jno Social Circle Walton County Mobley M L Smith B G Sparta Hancock County Walker Jno D Wilson Shivers Statesbom Bulloch County Lee J B Wilson J W Groover Johnson Sor Jay W T Newton H C Co Outlaw J M Polhill J G Greely G M Co Bardwell R N R Passmore T B Reese AY M Mallette E M Harrison Coo A Mathews T w Curtis W S Xeal J T arson B Franklin Tyler Field E L Simpson 11 1 Blackshear E J lossli 1 L Richards B S Shellman Randolph County Arthur T R Crittenden H Summerville Chattooga County Bitting N K Swainsboro Emanuel County Williams S G Sylvester Worth County Pinson Holmes Tallapoosa Haralson County Howe A A Talbotlon falbit County Smith L W Temple Carroll Count Griffith J W Turin Coweta County Moses L T Thomasrille Thomas County Bennett A Hansel Merrill Culpepper J T Parker J F Thomaston Upson County Lester Lester Word Miss Julia Weaver i A Thomson McDuflie County McLean II S Ellington C II Tifton Berrien County Love M II Banks W W Tcnnille Washington County GilmOre A E McCraxy A Marsh Co Raines Co Toccoa Habersham County Valdosta Lowndes Count Stupleben c A Lang W Peeples R A Son Willis W CCOMPTROLLERGENERALS REPORT Vera Campbell County 15 Hemperly A R Braswell Geo P Douglas P W Bridges T Henderson D L Farmer Allen Barksdale R O Dyson I R Staunton V L Ledsinger Giil Lott Peabody Clarke A McKennie T C Sheppard L W Brumby C W Sasser T 1 Arline Mason Outlaw E A Baker B T Cheatliam R E Blassingame T J Arnall S Bagley II O Barrows l E Bland II M Bowen Bell Byck M L Cameron J S Co Cofleld C Cole C I Cobb II H Crandall G L Durant Ed Foreman R L Fox E A Godbold II V Local Agents State Agents Industrial Agents not Agents year 1900 Total Villa Rica Carroll County Pope J H Candler W B Woodville Greene County Vienna Dooly County Jordan A E Rnshin M E Warrenton Warren County Washington Wilkes County Fickleu B Son Strormer J R Waycross Ware County Hohensteln has Knox Sheppard Knight V Williams Harvard W C Waynesboro Burke County Fuiclier W M Jones W E West Point Troup County Barker E C Tackson A O Lanier Philip Winder Jackson County House I A iV Co Lawshe P V Woodcliff Screven County Sasser C J WrighUville Johnson County Cook H E W W Jackson F H Woodbury Meriweiher County Cheatham R C Wadley Screren County Zebulon Pike County List of State Agents Grady W E Green Jno M Co Haas I II Haas A V Hawkins Wm 10 Co Harty Apple HUliard Hilliard La Craw C V Merry E McNeely W A Milledge Brown Netherton Nethefton Nutting 3 R Co 01 erdorfer E Perdue Egleston on this list Peters Thos Sr Prince J T Phillips C W Riley 1 I Co Roberson I H Rhodes P A Saffold T P Sherman W H SchatZ S W Shepherd J T Stanton A L Terrell W A White W Woods Wilson G E 6840 00 i200 00 1750 no 1340 00 12130 no 16 COMPTROLLERGENERALS REPORT AGRICULTURAL FIRE INSURANCE COMPANY OF WATERTOWN NEW YORK A H Sawyer President W H Stevens Secretary Jos N Moody Attorney for Service in Georgia Atlanta Ga Principal Oftiee 23 Washington Street iCAPITAL 1 Whole amount of capital stock 500000 00S 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 thoreon as specified in Schedule A hereunto annexed 337 915 0O 2 Loans on bond and mortgage duly recorded and being first liens on the fee simple 804 808 76 3 Interest due on all said bond and mortgage loans 1103982 interest accrued thereon 16246S9 total 27286 71 4 Value of lands mortgaged exclusive of buildings and perishable improvements 953061 00 5 Value of buildings mortgaged insured for 55850000 as collateral 659064 00 6 Total value of said mortgaged premises carried inside 1612125 00 9 Total par and market value of stocks and bonds owned absolutely by the company 610172 50 11 Total par and market value and amount loaned thereon 181821 27 12 Cash in companys principal office 18146 17 13 Cash belonging to the company deposited in bank National Union 4572147 Jeffer son County National 4325570 Water town National 1071263 National Bank Loan Co 669252 total 106382 32 Total cash items 124528 4 15 Interest due and accrued on bonds and stocks not included in market value uncollected 5884 58 16 Interest due and accrued on collateral loans and uncol lected and bank balances 9336 16 17 Cash in hands of agents and in course of transmission 200129 44 All other assets both real and personal as per schedule attached viz Rents due and accrued 60000 due from other companies for reinsurauce on losses already paid Erie Fire 1264 Hanover Fire 750 Associated Manufacturers 18170 Capital Fire 37568 Spring Harden 5714 American of N 1 255 Manhattan Fire 61867 Union of Pa 205 Eastern 1639 1825 01 Total assets of the company actual cash marketvalue 2303797 92 Deduct assets not admitted 20239 50 2283558 42COMPTROLLERGENERALS REPORT 17 IIILIABILITIES 1 Losses due and unpaid 22535 94 2 Gross losses in process of adjustment or in suspense including all reported and sup posed losses 64465 00 3 Losses resisted including interest costs and other expenses thereon 8663 00 4 Total gross amount of claims for losses 95663 94 5 Deduct reinsurance thereon 6245 00 6 Net amount of unpaid losses 89418 94 7 Gross premiums without any deduction received and receivable upon all unex pired fire risks running one year or less from date of policy 715329 00 Unearned premiums fifty per cent as per Schedule on page four 357664 50 X Gross premiums without any deduction received and receivable upon all unex pired fire risks running more than one year from date of policy 144186200 unearned premiums pro rata as per Schedule on page four 727912 36 11 Total unearned premiums as computed above carried out 1085576 86 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 on premiums paid and in course of collection 4166407 reinsurance 23378 00 65022 07 20 Total amount of all liabilities except capital stock scrip and net surplus 1240017 87 21 Joint stock capital actually paid up in cash 500000 00 23 Surplus beyond capital and all other liabilities 543540 55 24 Aggregate amount of all liabilities including capital paid up and net surplus 2283558 42 IVINCOME DURING THE YEAR iii Fire Risks 1 Gross premiums and bills in course of collec tion at close of last previous year as shown by that years statement 169044 7 2 Deduct amount of same not collected 2627 80 3 Not collected 166416 91 4 iross premiums on risks written and re newed during the ear as shown in risk and premium exhibit 1500351 72 5 Total 1666758 6318 COMPTROLLERGENERALS REPORT 6 Deduct premiums and bills in course of col lection at this date 200129 44 7 Entire premiums collected during the year 1466639 19 8 Deduct reinsurance and return premiums 552599 73 9 Net cash actually received for premiums carried out 914039 46 914039 46 10 Received for interest on bonds and mortgages 45293 04 11 Received for interests and dividends on stocks and bonds collateral loans and from all other sources 29494 64 12 Income received from all other sources omitting increase if any in value of securities viz Rents 293644 2936 44 15 Aggregate amount of income actually received during the year in cash 991763 58 VEXPENDITURES DURING THE YEAR On Fire Risks 1 Gross amount actually paid for losses in cluding 9180308 losses occurring in previous years 803068 53 2 Deduct all amounts actually received for salvages whether on losses of the last or of previous years 740485 and all amounts actually received for reinsur ances in other companies 22822023 Total deductions 235625 08 3 Net amount paid during the year for losses 567443 45 567443 45 4 Cash dividends actually paid stockholders amount of stockholders dividends declared during the year 5000000 50240 00 6 Paid for commissions or brokerage 175739 04 7 Paid for salaries fees and other charges of officers clerks agents and all other employees 92803 34 8 Paid for State national and local taxes in this and other States 40133 39 9 All other payments and expenditures viz General and agency expenses postage exchange stationery print ing board taxes and maps total 81594 51 Aggregate amount of actual expenditures during the year in cash 1007953 73 Business in the State of Georgia During the Year Fire Risks Fire marine and inland risks written 1150000 00 Premiums received gross 18354 00 Losses paid g 452 qo Losses incurred 9666 00 BUSINESS IN GEORGIA FOR THE YEAR ENDING APRIL 30 1901 Kisks 1321570 00 Premiums g 20 Losses Utfl 07 Tax 237 92COMPTROLLERGENERALS REPORT 19 JETNA INSURANCE COMPANY HARTFORD CONN Wm B Clark Pres Egbert 0 Weeks VPres Wm H King Sec Home office Hartford Conn Oliver H King Atlanta Ga Attorney for service of process in Georgia icapital stock 1 Amount of capital stock authorized 5000000 00 Subscribed for 4000000 00 2 Amount of capital paid up in cash 4000000 00 a Amount of net ledger assets December 31 of previous year 10391066 06 Extended at 10391066 06 IIINCOME DURING YEAR As shown by the books at home office at close of business December 31 Marine and Fire Inland 1 Gross premiums and bills unpaid at close of previous year as shown by that years statement 399725 68 28544 31 4 Gross premiums written and re newed during the year5082040 78 422153 41 5 Total5481766 46 450697 72 6 Deduct gross premiums and bills in course of collection at this date 43763118 34956 03 7 Entire premiums collected du ring the year5044135 28 415741 69 8 Deduct reinsurance rebate abate ment and return premiums 1160330 74 105202 20 9 Received for premiums other than perpetuals 3883804 54 310539 494194344 03 10 Deposit premiums received on perpetual risks 6784 25 11 Rents from companys property 5472 72 12 Interest on real estate mortgage loans 93600 on other collateral loans 49965 1435 65 13 Interest and dividends on stocks and bonds 50726830 from all other sources 196764 509235 94 Total rents and interest 516144 31 14 Profit on sale or maturity of ledger assets during the year over book values 450 00 15 From all other sources 168 85 16 Difference in estimate December 1899 and December 1900 premiums in course of collection Q 1 and 6 44317 22 Total income during the year 4762208 60 Total footings15153274 7220 COMPTROLLERGENERALS REPORT III DISBURSEMENTS DUEING YEAR As shown by the books at home office at close of business December 31 Fire Gross amount paid for losses in cluding 36369972 occurring in previous years287488330 Deduct amounts received for sal vages on losses of the last or of previous years 4630773 and from reinsurance in other com panies 45891685 437118 23 Marine and Inland 23238971 68106 35 3 Net amount paid during he year for losses2437755 07 164283 36 4 Deposit premiums returned 5 Paid stockholders for interest or dividends amount de clared during the year 72000000 7 Commissions or brokerage to agents less received on re insurances Salaries fees and all other charges officers 4341666 clerks 6120898 other employees 19373275 Taxes on premiums 7967181 on real estate 44045 on other investments U S internal revenue tax 2377058 Insurance Department fees andAgents licenses 1658976 municipal licenst s 702867 tax on franchise 51053 Advertising printing and stationery 3529104 legal ex penses 331620 repairs and expenses on real estate 47737 furniture and fixtures 87335 miscellaneous 27094910 14 Losson sales or maturity of ledger assets 2642986 other disbursements viz Agents balances uncollectable and sundry items 550104 10 11 12 13 2602048 43 2265 00 720000 00 705217 59 298358 39 128011 80 10 907 06 31930 90 Total expenditures during the year 4798739 71 Balance 10354535 55 LEDGER ASSETS As per ledger accounts shown by the books at home office at close of business December 31 1 a Book value real estate unincumbered 298059 35 2 Mortgage loans on real estate first liens 15600 00 3 Loans secured by pledge of bonds stocks or other collaterals 3600 oo 4 a Book value of bonds excluding interest 604528036 and stocks 308239355 9127673 91 5 Cash in Companys office 2479 17 Cash deposited in bank as follows Etna Nat BankHartford759698 Charter Oak Nat Bank Hartford 15000 City BankCOMPTROLLERGENERALS REPORT 21 Hartford 30000 Conn River Banking Co Hartford 30000 Fidelity Co Hartford 820000 Farmers and Mechanics Nat Bank Hartford 30000 First Nat Bank Hartford 530000 National Exchange Bank Hartford 30000 Phoenix Nat Bank Hartford 480 28165 State Bank Hartford 30000 N Y Life and Trust Co New York 25000 United States Trust Co New York 3282242 Mer chants Nat Bank Cincinnati 2527264 Omaha Nat Bank Omaha Neb 990248 Bank of California San Francisco 646091 803337 08 Total 805816 25 Agentsdebit balances 383548 88 Total10634298 39 Deduct Ledger Liabilities 7 Agents credit balances 27976284 Total net ledger assets10354535 55 NonLedger Assets 8 interest accrued on mortgages 271 00 10 Interest accrued on collateral loans 90 00 11 1 nterest accrued on other assets 375 00 Total carried out 736 00 14 Market value not including interest in item 9 of bonds and stocks over book value 2013147 21 15 Gross premiums in course of collection December 31 not more than three months due 472587 21 17 Net amount of uncollected premiums not more than three months due 472587 21 Gross assets 13441005 97 Deduct Assets Not Admitted 3 Agents debit balances unsecured 15652 90 5 Depreciation from book values of above net ledger assets to bring same to market value Real estate 68059 35 Total 83712 25 Total admitted assets13357293 72 VNONLEDGKK LIABILITIES 1 Losses adjusted and unpaid 75830 95 2 Losses in process of adjustment or in sus pense including all reported and supposed losses 438064 33 COMPTROLLERGENERALS REPORT 3 Losses resisted not outlawed including inter est costs and other expenses thereon 4 5 6 7 Total amount of claims for losses Deduct reinsurance due or accrued 19002 00 532987 28 300877 38 Net amount of unpaid losses Gross premiums less reinsurance received and receivable upon all unexpired fire risks run ning one year or less from date of policy in cluding interest premiums on perpetual fire risks 266228658 unearned premiums fifty percent 1331143 29 Gross premiums less reinsurance received and receivable upon all unexpired fire risks run ning more than one year from date of policy 366908529 unearned premium pro rata 1927853 87 Gross premiums less reinsurance including both cash and bills received and receivable upon all unexpired inland navigation risks 19269826 unearned premiums fifty per cent 96341 13 11 Total unearned premiums as computed above 12 Amount reclaimable by the insured on perpetual fire insu rance policies being ninetyfive per cent of the pre mium or deposit received 19 Commissions brokerages and other charges due to agents and brokers on premiums paid 20 Return premiums and reinsurance premiums 432109 90 335534i 29 70851 62 118146 SO 70888 08 Total amount of all liabilities 4047342 69 23 Jointstock capital actually paid up in cash 4000000 00 25 Divisible surplus 5309951 03 Total 13357293 72 Business in the State of Georgia during the Year Fire Risks Gross risks written 8795224 00 Gross premiums received 108980 72 Losses paid 45077 56 Losses incurred 32312 71 Amount at risk 5680250 00 Tornado Risks 909250 00 10543 65 954950 00 Aggregate 9704474 00 119524 37 45077 56 32312 71 6635200 00 BUSINESS IN GEORGIA FOR YEAR ENDING APRIL 30 1901 Risks11503221 00 Premiums 130539 80 Losses 71261 64 Tax 1 305 39COMPTROLLERGENERALS REPORT 23 AMERICAN FIRE INSURANCE COMPANY OF NEW YORK George S A Youkg President Walter S Alley Secretary Principal Office 42 Cedar Street New York City C C Hatcher Attorney for Service in Georgia iCAPITAL 1 Whole amount of capital stock 400000 00 2 Amount paid up in cash 400000 00 IIASSETS 12 Cash in companys principal office 2358 30 13 Cash belonging to the company deposited in bank Manhattan Trust Co N Y 45 92505 United States Mortgage Trust Co N Y 1558693 American Exchange Na tional Bank N Y 1559598 Metropolitan National Bank Chicago 1466234 Bank of British North America San Francisco 2348 MolsonsBank Toronto 853382 100327 60 Total cash items i 102685 90 15 Interest due and accrued on stocks not included in mar ket value uncollected 2295 83 All other assets both real and personal as per sched ule attached viz Rents due and accrued due from other companies for reinsurance on losses already paid 30932 01 Gross premiums in course of collection not more than three months due 253140 38 Total assets of the company actual cash market value 1478229 12 IIILIABILITIES 1 Losses due and unpaid 53553 75 2 iross losses in process of adjustment or in sus pense including all reported and supposed losses 72821 70 3 Losses resisted including interest costs and other expenses thereon 1342 68 4 Total gross amount of claims for losses 127718 13 5 Deduct reinsurance thereon 27931 29 6 Net amount of unpaid losses 99786 84 7 Gross premiums without any deduction re ceived and receivable upon all unexpired fire risks running one year or less from date of policy 763269 69 Unearned premiums fifty per cent 381634 85 8 Gross premiums without any deduction re ceived and receivable upon all unexpired fire 24 COMPTROLLERGENERALS REPORT risks running more than one year from date of policy 38543255 unearned premiums pro rata 222720 64 11 Total unearned premiums as computed above carried out 604355 49 19 All other demands against the company absolute and con tingent due and to become due admitted and contested viz Commissions and brokerage 5425748 return premiums 21257 reinsurance 740819 61878 24 Total 766020 57 21 Joint stock capital actually paid up in cash 400000 00 23 Surplus beyond capital and all other liabilities 312208 55 24 Aggregate amount of all liabilities including capital paid up and net surplus 1 478 229 12 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 249435 02 2 Deduct amount of same not collected 596 82 3 Net collected 248838 20 4 Gross premiums on risks written and renewed during the year1380488 77 Total1629326 97 6 Deduct premiums and bills in course of collec tion at this date 253806 38 7 Entire premiums collected during the year cash1375520 59 8 Deduct reinsurance and return premiums 433832 96 9 Net cash actually received for premiums carried out 941687 63 10 Received for interest on bonds and mortgages 759 17 11 Received for interests and dividends on stocks and bonds collateral loans and from all other sources 41956 72 15 Aggregate amount of income actually received during the year in cash 934403 52 VEXPENDITURES DURING THE YEAR On Fire Risks 1 Gross amount actually paid for losses includ ing S6474005 losses occurring in previous years 793163 17 2 Deduct all amounts actually received for sal vages whether on losses of the last or of pre vious year 1661966 and all amounts actu ally received for reinsurances in other com panies 8230940 total deductions 98929 06 3 Net amount paid during the year for losses 694234 11COMPTROLLERGENERALS REPORT 25 6 Paid for commissions or brokerage 195064 30 7 Paid lor salaries fees and other charges of officers clerks agents and all other employes 03204 31 8 Paid for State national and local taxes in this and other States 29086 46 9 All other payments and expenditures viz Rents 809357 postage 785750 advertising 263608 local board 914540 maps 235933 legal expenses 081f9 sta tionery 85408 05 traveling 1272147 sundries 5 50747 total54530 10 Aggregate amount of actual expenditures during the year in cash 1036719 34 Business in the State of Georgia During the Year Fire Risks Fire marine and inland risks written 2064160 00 Premiums received gross 29880 43 Losses paid 17635 52 Losses incurred 13569 84 BUSINESS IN GEORGIA FOR YEAR ENDING APRIL 30 1901 Risks 2000723 00 Premiums 30663 83 Losses 38557 71 Tax 306 64 ATLANTA HOME FIRE INSURANCE COMPANY OF ATLANTA GA Robert J Lowrv President Joel Hurt Secretary Principal office Atlanta Ga 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 103785 76 2 Loans on bond and mortgage duly recorded and being first liens on the fee simple 132508 64 3 Interest due on all saidbondand mortgage loans 340750 interest accrued thereon 399246 total 7459 90 4 Value of lands mortgaged exclusive of build ings and perishable improvements 207800 00 5 Value of buidings mortgaged insured for 9307500 as collateral 92500 00 0 Total value of said mortgaged premises carried inside 360300 00 7 Amount of other loans 1708 75 fl Total par and market value of stocks and bonds owned absolutely by the company carried out at market value 284337 5023 COMPTROLLERGENERAES REPORT 11 12 13 14 15 16 17 11 19 21 23 24 56809 88 1330 77 2458 90 1728 96 21854 05 6689 50 620672 117 Total par and market value of stocks bonds and all other securities except mortgages and amount loaned thereon 1708 75 Cash in companys principal office 466 33 Cash belonging to the company deposited in bank Lowry National Bank Atlanta Ga 634355 Trust Co of Ga 5000000 56343 55 Total 56809 88 Total cash items Amount of premium notes upon which policies have been issued Interest due and accrued on stocks not included in mar ket valueuncollected Interest due and accrued on collateral loans and uncol lected 6230 other assets 166666 Cash in hands of agents and in course of transmission All other assests both real and personal Rents due and accrued 33333 office furniture 459553 all other assets 176064 Total assets of the company actual cash market value IIILIABILITIES Losses unpaid not yet due 5569 62 Gross losses in process of adjustment or in sus pense including all reported and supposed losses 3673 00 Losses resisted including interest costs and other expenses thereon 33375 00 Total gross amount of claim for losses 42617 62 Deduct reinsurance thereon 11345 11 Net amount of unpaid losses 31272 51 31272 51 Gross premiums without any deduction re ceived and receivable upon all unexpired fire risks running one year or less from date of policy 54556 31 Unearned premiums fifty per cent 27278 1 Gross premiums withont any deduction re ceived and receivable upon all unexpired fire risks running more than one year from dateof policy 94293 53 Unearned premiums pro rata 42740 25 Total unearned premiums as computed above carried out 70018 40 All other demands against the company absolute and con tingent due and to become due admitted and contested viz Due for reinsurance 1075 05 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 620672 C7 102365 96 500000 00 18306 71COMPTROLLERGENERALS REPORT 2T IVINCOME 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 Net collected 33478 86 10 11 12 15 33478 86 Gross premiums on risks written and renewed during the year 122205 4 Total 155684 60 Deduct premiums and bills in course of collec tion at this date 23184 82 Entire premiums collected during the year 132499 78 Deduct reinsurance and return premiums 64331 95 Net cash actually received for premiums car ried out 68167 83 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 securites viz Rents 456895 profit on sale of ledger assets 90490 profit and loss 1697 total Aggregate amount of income actually received during the year in cash 68167 85 8552 25 13361 94 5490 82 95572 84 YEXPENDITURES DURING TJIE YEAR On Fire Risks 1 Gross amount actually paid for losses includ ing 5791666 losses occurring in previous years 182864 12 2 Deduct all amounts actually received for sal vages whether on losses of the last or of previous years 260579 and all amounts actually received for reinsurances in other companies 3100021 total deductions 33606 00 3 Net amount paidduring the year for losses 149258 12 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 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 expendituresviz Advertising and stationery 124315 real estate expense 103758 Profit and loss 11199 internal revenue 67266 New 149258 12 8 55 12674 27 13904 20 10454 58 28 COMPTROLLERGENERALS REPORT York expense 30891 exchange 5825 telegrams 21079 express 21212 postage 25513 general ex pense 824791 total 12358 49 Aggregate amount of actual expenditures during the year in cash 198658 21 Business in the State of Georgia during the year Tire Risks Fire marine and inland risks written 3441056 00 Premiums received gross 49199 92 Losses paid 33967 74 Losses incurred 22454 32 BUSINESS IN GEORGIA FOB YEAR ENDING APRIL 30 1901 Risks 2956629 00 Premiums 46616 13 Losses 44798 89 Tax 466 16 BRITISH AMERICA ASSURANCE COMPANY OF TORONTO Hon Qeo A Cox President P H Sims Secretary Principal Office 18 20 Front St East Toronto Geo J Dexter Atlanta Attorney for Service in Georgia IIASSETS 2 Loans on bond and mortgage duly recorded and being first liens on the fee simple 10000 00 13 Cash belonging to the company deposited in bank Cana dian Bank of Commerce New York total 8667140 Total cath items 86671 40 15 Interest due and accrued on stocks not included in mar ket value uncbllected 14338 37 17 Cash in hands of agents and in course of transmission 231128 38 18 Bills receivable not matured taken for fire marine and inland risks 476 28 Total assets of the company actual cash market value 1310063 19 IIILIABILITIES 1 Losses due and unpaid 21935 20 2 Gross losses in process of adjustment or in sus pense including all reported and supposed losses 83399 19 o Losses resisted including interst costs and other expenses thereon 3598 00 6 Net amount of unpaid losses 108932 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 77560352 unearned premiums fifty per cent 387801 769 10 11 19 23 24 COMPTROLLERGENERALS REPORT Gross premiums without any deduction re ceived and receivable upon all unexpired fire risks running more than one year from date of policy 53030476 unearned premi ums pro rata 271086 72 Gross premiums without any deduction in cluding both cash and bills received and re ceivable upon all unexpired inland naviga tion and marine risks 58841 99 Gross premiums without any deduction re ceived and receivable on all unexpired marine risks 1187 39 29 8 9 11 15 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 Commission and brokerages Total Surplus beyond capital and all other liabilities Aggrejate amount of all liabilities including capital paid up and net surplus IV INCOME DURING THE YEAE On Marine and On Fire Risks Inland Rsks Gross premiums and bills in course of collection at close of last pre vious year as shown by that years statement 173250 17 5751 IS Gross premiums on risks written and renewed during the year 1250405 95 385587 76 Total1423656 12 391338 94 Deduct premiums and bills in course of collection at this date 178347 82 52780 511 718917 86 53755 09 881605 34 428457 85 Entire premiums collected during the year1245308 30 338558 38 Deduct reinsurance and return premiums 259645 68 115005 24 Net cash actually received for pre miums carried out 985662 62 223553 14 Received for interests and dividends on stocks and bonds collateral loans and from all other sources 1209215 76 31114 23 Aggregate amount of income actually received during the year in cash VEXPENDITURES DUBING THE YEAR On Marine and On Fire Risks Inland Risks iross amount actually raid for losses including 10311791 losses o aurring ii previous years 828688 54 228128 04 1240329 99 S0 COMPTROLLERGENERALS REPORT 2 Deduct all amounts actually re ceived for salvages whether on losses of the last or of previous year 1232478 and all amounts actually received for reinsur ances in other companies 176 24949 total deductions 125797 99 62776 28 3 Net amount paid during the year for losses 702890 55 165351 76 868242 31 6 Paid for commissions or brokerage 212424 54 7 Paid for salaries fees and other charges of officers clerks agents and all other employes 60366 34 8 Paid for State national and local taxes in this and other States 40414 31 9 All other payments and expenditures viz Advertising board and patrol exchange postage printing and sta tionery telegraph and express traveling total 6411670 Aggregate amount of actual expenditures during the year in cash 1245564 20 Business in the State of Georgia During the Year Fire Risks Fire marine and inland risks written 1263287 00 Premiums received gross 20324 71 Losses paid 10618 55 Losses incurred 5200 50 BUSINESS IN GEORGIA FOB YEAR ENDING APRIL 30 1901 Risks 11424875 00 Premiums 19671 87 Losses 3956 85 Tax 196 72 CALEDODONIAN FIRE INSURANCE COMPANY OF EDINBURG SCOTLAND Chas H Post U S Manager N A McNeil Asst Manager Attorney for Service in Georgia Cliff C Hatcher Atlanta Ga Principal Office in TJ S 27 and 29 Pine St New York City Icapital 1 Whole amount of capital stock 5000000 00 2 Amount paid up in cash 537500 00 IIASSETS 9 Total par and market value of stocks and bonds owned abso lutely by the company carried out at market value 1604660 00 12 Cash in companys principal office 903 12 13 Cash belonging to the company deposited in bank American Exchange National Bank N Y Trustees 11479872 AmericanCOMPTROLLERGENERALS REPORT 31 Exchange National Bank N Y Mgrs 165753 Bank of British No America San Francisco 747570 Total 123931 95 15 Interest due and accrued on stocks not included in market value uncollected 17 Cash in handi of agents and in course of transmission IS 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 124772 due from other companies 87178 124835 07 14484 15 164024 98 493 96 2119 50 Total assets of the company actual cash market value 1910617 66 IIILIABILITIES 1 Losses due and unpaid 78436 12 2 Gross losses in process of adjustment or in sus pense including all reported and supposed losses 48540 70 3 Losses resisted including interest costs and other expenses thereon 11196 12 4 Total gross amount of claims for losses 138172 94 5 Deduct reinsurance thereon 25707 48 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 937721 08 Unearned premiums fifty per cent 468860 54 8 Gr5ss premiums without any deductions re ceived and receivable upon all unexpired fire risks running more than one year from date of policy 88397837 unearned premiums pro rata 450296 74 112465 46 11 Total unearned premiums as computed above carried out 919157 28 19 All other demands against the company absolute and con tingent due and to become due admitted and contested viz Commissions 3524585 reinsurance 2215793 other liabilities 235610 contingent 1000000 69759 88 20 Total amount of all liabilities except capital stock scrip and net surplus 1101382 62 23 Surplus beyond capital and all other liabilities 809235 04 24 Aggregate amount of all liabilities in eluding capital paid up and net surplus 1910617 6632 COMPTROLLERGENERALS RErORT IVINCOME DURING THE YEAR On Fire Risks 1 Gross premiums and bills in course of collection at close of last previous year as shown by that years statement 170139 4G 3 Net collected 170139 46 4 Gross premiums on risks written and renewed during the year1702843 15 5 Total1872982 01 6 Deduct premiums and bills in course of collec tion at this date 173090 48 7 Entire premiums collected during the year 1699886 13 8 Deduct reinsurance and return premiums 471477 72 9 Net cash actually received for premiums car ried out1228408 41 1228408 41 11 Received for interests and dividendslon stocks and bonds collateral loans and from all other sources 62762 90 12 Income received from all other sources omitting increase if any in value of securities viz Profit on realization of investments total 7108 23 15 Aggregate amount of income actually received during the year in cash 1298279 54 VEXPENDITURES DURING THE YEAR Oa Fire Risks 1 Gross amount actually paid for losses includ ing j20177323 losses occurring in previous years 988840 45 2 Deduct all amounts actually received for sal vages whether on losses of the last or of previous year 1034544 and all amounts actually received for reinsurances in other companies 12800676 total deductions 138352 20 3 Net amount paid during the year for losses 850488 25 850488 6 Paid for commissions or brokerage 259400 7 Paid for salaries fees and other charges of officers clerks agents and all other employes 90008 S Paid far State national and local taxes in this and other States 40320 9 All other payments and expenditures viz Rents 867021 advertising printing and stationery traveling postage etc 16560827 internal revenue 817367 total si 10 American blanches of foreign companies will please report amount sent to home offices dining the year 38478 01 Aggregate amount of actual expenditures during the year in cash 1322569 31 25 45 19 15COMPTROLLERGENERALS REPORT 33 Business in the State of Georgia During the Year Fire Riks Fire marine and inland risks written 1977467 00 Premiums received gross 23195 41 Losses paid 18297 22 Losses incurred 7358 18 BUSINESS IN GBOEGIA FOR YEAR ENDING APRIL 30 1901 Risks 1724484 00 Premiums 27580 25 Losses 11020 40 Tax 275 87 THE CITIZENS FIRE INSURANCE COMPANY OF MISSOURI Sol E Waggoner President John H Carr Secretary Principal office Rialto Building St Louis John A Perdue Atlanta Attorney for Service in Georgia I CAPITAL 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 16877 00 2 Loans on bond and mortgage duly recorded and being first liens on the fee simple 210277 35 3 Interest due on all said bondand mortgage loans interest accrued thereon 3728 00 4 Value of lands mortgaged exclusive of buildings and perishable improvements 332220 00 5 Value of buildings mortgaged 221480 00 6 Total value of said mortgaged prem ises carried inside 553700 00 12 Cash in companys principal office 40 03 13 Cash belonging to the company deposited in bank Merchants Laclede National total 42565 13 Total cash items 42605 16 16 Interest due and accrued on collateral loans and uncollected 93262 87 17 Cash in hands of agents and in course of transmission less over three months due 3173 92 90088 95 18 Bills receivable igg y All other assets both real and personal viz Due from other companies for reinsarance on losses already paid Hartford Fire Ins Co for losses and expenses paid on reinsured risks 96195 25 Total assets of the company 459 960 81 3cg34 COMPTROLLERGENERALS REPORT 19 Amount which should be deducted from the above assets on account of bad and doubtful debts and securities viz from No 13 total deductions 3731 52 20 Amount of premiums unpaid on policies which have been issued more than three months inside 3li3 92 Aggregate amount of all the assets of the company stated at their actual value 456229 29 IIILIABILITIES 1 Losses due and unpaid 435 00 2 Gross losses in process of adjustment or in suspense including all reported and sup posed losses 16913 56 3 Losses resisted including interest cost and other expenses thereon 1242 50 4 Total gross amount of claims for losses 1859106 5 Deduct reinsurance thereon 3765 36 6 Net amount of unpaid losses 14S2o 70 7 Gross premiums without any deduction re ceived and receivable upon all unespired fire risks running one year or less from date of policy 108210 00 Unearned premiums fifty per cent 54105 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 46513 unearned premiums prorata 34277 88 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 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 456229 29 IVINCOME DURING THE YEAR On Marine and On Fire Risks Inland Risks 1 Gross premiums and bills in course of collection at close of last previous year as shown by that years statement 83839 56 78 59 3 Net collected 83839 56 78 59 88382 88 134 22 19819 59 12316 39 200000 00 133066 90 COMPTROLLERGENERALS REPORT 35 4 Gross premiums on risks written and renewed during the year 664504 64 5 Total 748344 20 6 Deduct premiums and bills in course of collection at this date 93181 25 7 Entire premiums collected during the year 655162 95 8 Deduct reinsurance and return premiums 517737 03 9 Net cash actually received for premiums carried out 137425 92 1172 45 1251 04 81 62 1169 42 820 70 348 72 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 137774 64 14471 82 399 00 152645 46 VEXPENDITURES DURING THE YEAR On Marine and On Fire Risks Inland Risks 4 Gross amount actually paid for losses including 1387658 losses occurring in previous years 379500 94 18 11 Deduct all amounts actually re ceived for salvages whether on losses of the last or of pre vious year 337864 and all amounts actually received for reinsurances in other compa nies 27987474 total deduc tions 283253 38 12 68 3 Net amount paid during the year for losses 96247 56 5 43 6 Paid for commissions or brokerage 7 Paid for salaries fees and other charges of officers clerks agents and all other employes S Paid for State national and local taxes in this and other States 9 All other payments and expenditures viz Miscellaneous 1164048 surplus fund 83308 total Aggregate amount of actual expenditures during the year in cash 96252 99 32267 30 13060 58 6721 61 12473 56 1C0776 04 THE UNIVERSITY OF GEORGIA ATHENS QORGIA UNIVERSITY i MATE LIBRARY r 36 COMPTROLLERGENERALS REPORT COMMERCIAL UNION ASSURANCE COMPANY LIMITED OF LON DON ENGLAND A H Wray Manager Principal office Cor Pine and Williams Sts New York City Geo M Bkown Atlanta Attorney for Service in Georgia 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 interest accrued thereon 401041 total 4 Value of lands mortgaged exclusive of build ings and perishable improvements 123000 00 Value of buildings mortgaged insured for 192500 as collateral 240000 00 Total value of said mortgaged premises carried inside 363000 00 5 6 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 19605 86 13 Cash belonging to the company deposited in bank N Y Life Trust Co 22 Morton Trust Co 612662 National Bank Com merce N Y 14226398 Am Ex Natl Bank 283689 AngloCal San Francisco Cal 25792 First Natl Denver Col 5734 total 177098 83 Total cash items 15 Interest due and accrued on stocks not included in market value uncollected 16 Due from Palatine Ins Co of Manchestersince paid 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 Rents due and accrued 805544 due from other companies for rein surance on losses already paid 418215 888148 69 230500 00 4010 41 1882393 75 187704 69 17308 30 143266 53 479631 19 5875 67 12237 69 Total assets of the company actual cash market value 3851076 92 IIILIABILITIES 1 Losses due and unpaid 145110 00 2 Gross losses in process of adjustment or in suspense including all reported and sup posed losses 150415 00COMPTROLLERGENERALS REIORT 3 Losses resisted including interest costs and other expenses thereon 4 Total gross amount of claims for losses 5 Deduct reinsurance thereon 11 12 19 20 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 191910338 Unearned pre miums fifty per cent 959551 69 8 Gross premiums without any deduction re ceived and receivable upon all unexpired fire risks running more than one year from date of policy 193822003 unearned pre miums pro rata 980511 07 9 Gross premiums without any deduction in cluding both cash and bills received and receivable upon all unexpired inland navi gation and marine risks 3413193 un earned premiums fifty per cent 49500 00 345025 00 23376 00 321619 00 321649 00 17065 96 97723 54 Total unearned premiums as computed above 1957128 72 Amount reclaimable by the insured on perpetual fire insur ance policies being 90 per cent of premium on deposit received 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 6463959 return pre miums 482062 reinsurance 235595 total 71816 16 Total amount of all liabilities except capital stock scrip and net surplus 2448317 42 23 Surplus beyond capital and all other liabilities 1402759 50 24 Aggregate amount of all liabilities including capital paid up and net surplus 3851076 92 IVINCOME DURING THE YEAH On Marine and On Fire Risks Inland Risks 1 Gross premiums and bills in course of collection at close of last previous year as shown by that years statement 400106 70 3827 02 3 Net collected 400106 70 3827 02 4 Gross premiums on risks written and renewed during the year 3226627 04 102216 47 5 Total3626733 74 106043 4938 COMPTROLLERGENERALS REPORT 6 Deduct premiums and bills in course of collection at this date 485832 12 7 Entire premiums collected dur ing the year 3140901 62 8 Deduct reinsurance and return premiums 646694 54 4303 09 101740 40 18557 58 9 Net cash actually received for premiums2494207 08 83182 822577389 90 10 Received for interest on bonds and mortgages 11032 50 11 Received for interests and dividends on stocks and bonds collateral loans and from all other sources 74680 13 12 Income received from all other sources omitting increase if any in value of securities viz Rents 1675321 total 16753 21 15 Aggregate amount of income actually received during the year in cash 2679855 74 VEXPENDITURES DURING THE YEAR On Fire Risks 1 Gross amounts actually paid for losses including 31264873 losses occurring in previous years 1899872 25 2 Deduct all amounts actually re ceived for salvages whether on losses of the last or of pre vious year 1442145 and all amounts actually received for reinsurances in other compa nies 12626016 total deduc tions 131714 14 On Marine and Inland Risks 42284 99 8967 47 3 10 Net amount paid during the year for losses 1768158 11 33317 52 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 Rents revenue tax adver printing traveling maps agency expenses office expenses postage telegrams express exchange N L Bds legal expenses office furniture total American branches of foreign companies will please report amount sent to home offices during the year 10144479 1801475 63 492586 0 140631 61 69291 79 151922 31 Aggregate amount of actual expenditures during the year in cash 2655908 ITCOMPTROLLERGENERALS REPORT 39 Business in the State of Georgia During the Year Fire Risks Fire marine and inland risks written 5124428 00 Premiums received gross 86282 62 Losses paid 60667 17 Losses incurred 41954 69 BUSINESS IN GEORGIA FOR YEAR ENDING APRIL 30 1901 Risks 5999422 89 Premiums 81682 21 Losses 33564 22 Tax 816 82 60210 00 819 28 CONTINENTAL FIRE INSURANCE COMPANY OF NEW YORK F C Moore President E Lanning Secretary Principal Office 46 Cedar Street New York J L Riley Co Attorneys for Service in Georgia 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 1100250 00 2 Loans on bond and mortgage duly recorded and being first liens on the fee simple 3 Interest accrued on all said bonds and mortgage loans 4 Value of lands mortgaged exclusive of build ings and perishable improvements 66150 00 5 Value of buildings mortgaged insured for 83 60000 as collateral 83600 00 6 Total value of said mortgaged premises carried inside 149750 00 9 Total par and market value of stocks and bonds owned absolutely by the company carried out at market value 8085880 00 12 Cash in companys principal office 2304 01 13 Cash belonging to the company deposited in bank First Nat Bank N Y 42204392 Nationl Bank of Commerce N Y 4972200 Mechanics National Bank X Y 44872 Central Trust Co N Y 295000 First National Bank Brooklyn N Y 601361 Brooklyn Trust Co Brooklyn N Y59 57694 Franklin Trust Co Brooklyn N Y 5726685 First National Bank Chicago 111 3385759 U S Mortgage Trust Co N Y 173019 Crocker Woolworth Natl Bsnk San Francisco Cal 250000 total 636109 82 Total cash items 638413 8340 COMPTROLLERGENERALS REPORT 15 Interest due and accrued on stocks not included in market value uncollected 66696 66 16 Interest due and accrued on collateral loans and uncollected bank balances etc 725 12 18 Bills receivable not matured taken for fire marine and inland risks 89512 70 All other assets both real and personal viz Rents due and accrued 1614 00 Gross premiums in course of collection not more than three months due 5S8149 88 Total assets of the company actual cash market value 10638271 47 IIILIABILITIES 2 Gross losses in process of adjustment or in sus pense including all reported and supposed losses 349335 64 3 Losses resisted including interest costs and other expenses thereon 40815 00 4 Total gross amount of claims for losses 390150 64 5 Deduct reinsurance thereon 18483 89 6 Net amount of unpaid losses 371666 75 7 Gross premiums without any deduction re ceived and receivable upon all unexpired fire risks running one year or less from date of policy 261710668 unearned premiums fifty per cent 1308553 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 562021161 unearned premiums pro rataj2963564 18 11 Total unearned premiums as computed above carried out 4272117 52 15 Dividends declared and remaining unpaid or uncalled for including scrip 34569 34 17 Due and accrued for salaries rent advertising and for agency and other miscellaneous expenses 15000 00 19 All other demands against the company absolute and con tingent due and to become due admitted and contested viz including commissions and brokerage and re insurance 134378 56 19 Reserved for contingencies 300000 00 Total 5127732 17 21 Joint stock capital actually paid up in cash 1000000 00 23 Surplus beyond capital and all other liabilities 4510539 30 24 Aggregate amount of all liabilities including capital paid up and net surplus 10638271 47 1 Amount of unearned premiums represented by installment notesbeing the whole amount of such notes1492695 14COMPTROLLERGENERALS REPORT 41 IV INCOME DURING THE YEAR On Fire Risks Gross premiums and bills in course of collec tion at close of last previous year t shown by that years statement Deduct amount of same not collected 665743 56 18621 68 9 10 11 12 15 647121 88 Net collected Gross premiums on risks written and renewed during the year 4960236 11 Total 5607357 99 Deduct premiums and bills in course of col lection at this date 677662 58 Entire premiums collected during the year 4 929695 41 Deduct reinsurance and return premiums 635164 43 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 the year in cash YEXPENDITURES DURING THE YEAR On Fire Bisks Gross amount actually paid for losses includ ing 31396339 losses occurring in previous years 2357305 30 Deduct all amounts actually received for sal vages whether on losses of the last or of previous year 1298423 and all amounts actually received for reinsurances in other companies 12402176 total deductions 137005 99 Net amount paid during the year for losses Cash dividends actually paid stockholders amount of stockholders dividends declared during the year Scrip or certificates of profits redeemed in cash and interest paid to scripholders 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 viz Stationery printing advertising postage express traveling ex penses hotel fares national and local boards rents maps supplies etc total Aggregate amount of actual expenditures during the year in cash 4294530 98 3769 14 347118 95 22201 29 4667620 36 2220299 3l 250000 00 21 90 888650 39 317278 20 131856 71 236816 07 4044922 5842 COMPTROLLERGENERALS REPORT Business in the State of Georgia During the Year Fire Risks hire maiine and inland risks written 554 681 OO Premiums received gross 7s764 26 Losses paid 35878 81 Losses incurred 25 028 99 BUSINESS IN GEOKOIA FOE YEAR ENDING APRIL 30 1901 Jisks 5960742 00 Premlums 91285 38 Losses 49703 53 Tax 912 85 THE CONNECTICUT FIRE INSURANCE COMPANY J D Browne President Charles R Burt Secretary Attorney for Service C R Hollis Atlanta Home Office 51 Prospect street Hartford ICAPITAL STOCK 1 Amount of capital stock authorized 2 Amount of capital paid up in cash 1000 000 00 1000000 00 Amount of net ledger assets December 31 of previous year 3079053 07 3679053 7a IIINCOME DURING YEAR 12 13 Gross premiums and bills unpaid at close of previous year as shown by that years statement 160900 00 Add for under estimate 19259 39 Total collected 180159 39 Gross premiums written and renewed during thevear 2399742 80 Total 2579902 19 Deduct gross premiums and bills in course of collection at this date 171500 00 Entire premiums collected during the year2408402 19 Deduct reinsurance rebate abatement and return premiums 352763 65 Received for premiums other than perpetuals 2055638 54 Interest on real estate mortgage loans 53 44055 on other collateral loans 144626 54886 81 Interest and dividends on stocks and bonds and from all other sources 99204 23 Total rents and interest 154091 04COMPTROLLERGENERALS REPORT 43 14 Profit on sale or maturity of ledger assets during the year over book values 36301 09 Total income during the year Total footings 2246030 67 IIIDISBURSEMENTS DURING YEAR 5925083 74 Fire 1 Gross amount paid for losses including 191 45199 occurring in previous years1209572 96 2 Deduct amounts received for salvages on losses of the last or of previous years 696076 and from reinsurance in other companies 5057036 57531 12 3 Net amount paid during the year for losses1152041 84 1152041 84 5 Paid stockholders for interest or dividends amount de clared during the year 100000 100000 00 7 Commissions or brokerage to agents less received on re insurances 386553 75 9 Rents 9375 04 0 Salaries fees and all other charges officers clerks and other employes 169084 07 11 Taxes on premiums 5677444 on real estate deducted from gross rentals hence not included here 56774 44 12 Insurance department fees and agentslicenses 1156899 municipal licenses 539017 tax on franchises paid by stockholders personally 16959 6 13 Advertising printing stationery legal and miscellaneous expenses repairs and expenses on real estate deducted from gross rentals hence not included here 147665 58 Total expenditures during the year 2038453 Balance 3886629 86 IVLEDGER ASSETS 1 Book value of real estate unincumbered 211200 00 2 Mortgage loans on real estate first liens 1173650 00 4 Book value of bonds excluding interest 1 69281876 and stocks 39617797 2088996 73 Cash in companys office 443 04 deposited in bank National Exchange Bank Hartford 22395272 Continental National Bank Chicago 4929100 Anglo Californian Bank San Francisco 489200 6 Bills receivable 4609519 agents debit bal ances net 8810918 134204 37 Total3886629 86 Total net ledger assets 3886629 Eft 14 Market value of bonds and stocks over book value 110065 27 278578 76u COMPTROLLERGENERALS REPORT 15 Gross Premiums excluding return premiums and reinsurance in course of collection De cember 31 not more than three months due 146500 00 16 Deduct coat of collection commission and brokerage and other expenses 61300 00 17 Net amount of uncollected premiums not more than three months due 85200 00 Grossassets 4031895 13 VNONLEDGER LIABILITIES 1 Losses adjusted and not yet due 59391 49 2 Losses in process of adjustment or in suspense including all reported and supposed losses 126301 05 3 Losses resisted not outlawed including in interest cost and other expenses thereon 19046 13 4 Total amount of claims for losses 204738 67 5 Deduct reinsurance due or accrued 13868 05 6 Net amount of unpaid losses 190870 62 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 126493320 unearned premiums fifty per cent 632466 60 8 Gross premiums less reinsurance received and receivable upon all unexpired fire risks running more than one year from date of policy 215518235 unearned premiums pro rata 1165896 90 11 Total unearned premiums as computed above 1798363 50 22 Total amount of all liabilities 1989234 12 23 Jointstock capital actually paid up in cash 1000000 00 25 Divisible surplus 1092661 01 2092661 01 Total 4081895 13 Business in the State of Georgia During the Year Fire and Tornado risks 15 Gross risks written 680000 00 16 Gross premiums received 8 944 47 17 Losses paid 19908 08 18 Losses incurred 5 416 17 BUSINESS IN GEORGIA FOR THE YEAR ENDING APRIL 30 1901 Risks 744000 00 Premiums 9 724 94 Losses 8115 69 Tax 97 24COMPTROLLERGENERALS REPORT 45 FARMERS COOPERATIVE FIRE INSURANCE COMPANY OF GEORGIA A W Walker President J T Goodman Secretary John T Goodman Jackson Ga Attorney for service in Georgia I CAPITAL 1 Whole amount of capital stock None strictly cooperative on assess ment plan II ASSETS 12 Cash in companys principal office 297 91 17 Cash in hands of agents and in course of transmission 340 25 Total assets of the company actual cash market value 638 16 IV INCOME DURING THE YEAR Oq Fire Risks 1 Gross premiums and bills in course of collec tion at close of last previous year as shown by that years statement 116 65 5 Amount of assessment received for losses 1000 00 7 Entire premiums collected during the year Cash 93055 notes 34025 1320 80 9 Net cash actually received for premiums carried out 2437 45 15 Aggregate amount of income actually received during the year in cash 2437 45 V EXPENDITURES DURING THE YEAR On Fire Risks 1 Gross amount actually paid for losses includ ing losses occurring in previous years 1000 00 3 Net amount paid during the year for losses 1000 00 7 Paid for salaries fees and other charges of officers clerks agents and all other employes 683 43 9 All other payments and expenditures viz Advertising postal and incidental 115 86 Amount paid for losses 1000 00 Aggregate amount of actual expenditures during the year incash 1 29 BUSINESS IN GEORGIA FOR THE YEAR ENDING APRIL 30 1901 Risks 18753700 Premiums lh llS Losses 00000 Tax 121146 COMPTROLLERGENERALS REPORT FIRE ASSOCIATION OF PHILADELPHIA E C Ikvin President Benj T Herkness Secretary Principal office 407409 Walnut St Philadelphia Pa Julian Schley Attorney for Service in Georgia 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 493000 00 2 Loans on bond and mortgage duly recorded and being first liens on the fee simple 1506810 89 3 Interest due on all said bond and mortgage loans 2287763 interest accrued thereon 1920369 total 4208132 4 Value of lands mortgaged exclusive of build ings and perishable improvements 16519 32 5 Value of buildings mortgaged insured for 1399095 as collateral 21974 19 6 Total value of said mortgaged premises carried inside 38493 51 9 Total par and market value of stocks and bonds owned ab solutely by the company carried out at market value 3072426 00 11 Total par and market value of stocks bonds and all other securities except mortgages and amount loaned thereon 85140 61 12 Cash in companys principal office 25483 59 13 Cash belonging to the company deposited in bank Fidelity Ins T S D Co 106340 08 Merchants National Bank 111337 10 Real Estate Trust Co 13024 72 Total cash items 256185 49 15 Interest due and accrued on stocks and bonds and not in cluded in market value uncollected 19571 42 16 Interest due and accrued on collateral loansand uncollected 1414 66 17 Cash in hands of agents and in course of transmission 838263 53 All other assets both real and personal as per schedule at tached viz Rents due and accrued 216021 due from other companies for reinsurance on losses alreadv paid 2259688 24757 07 Total assets of the company actual cash market value 6340250 99 IIILIABILITIES 1 Losses due and unpaid 170 014 02 2 Gross losses in process of adjustment or in sus pense including all reported and supposed losses 144639 SO 3 Losses resisted including interest costs and other expenses thereon 40 994 71 4 Total gross amount of claims for losses 35564S 63 5 Deduct reinsurance thereon 41 458 20COMPTROLLERGENERALS REPORT 47 6 Net amount of unpaid losses 314190 43 314190 43 7 Gross premiums without any deduction re ceived and receivable upon all unexpired fire risks running one year or less from date of policy2085982 38 Unearned premiums fifty per cent 1012991 19 8 Gross premiums without any deduction re ceived and receivable upon all unexpired fire risks running more than one year from date of policy2377889 64 Unearned premiums pro rata 1265369 35 11 Total unearned premiums as computed above carried out 2308360 54 12 Net premiums reserve and all other liabilities except cap ital under the reclaimable or perpetual policies being 90 and 95 per cent 1945077 48 19 All other demands against the company absolute and contin gent due and to become due admitted and contested viz Due to agents and brokers commissions etc 16635364 return premiums9597103 reinsurance8424870 total 346573 37 Total 4914201 82 21 Joint stock capital actually paid up in cash 500000 00 23 Surplus beyond capital and all other liabilities 926049 17 24 Aggregate amount of all liabilities including capital paid up and net surplus 6340250 99 IVINCOME DURING THE YEAR On Fire Risks 1 Gross premiums and bills in course of collection at close of last previous year as shown by that years statement 804132 38 4 Gross premiums on risks written and renewed during the year3841841 25 Total4645973 63 6 Deduct premiums and bills in course of collec tion at this date 838263 53 7 Entire premiums collected during the year 3807710 10 8 Deduct reinsurance and return premiums 895042 39 fl Net cash actually received for premiums car ried out2912667 71 2912667 71 ID Received for interest on bonds and mortgages 107244 70 11 Received for interests and dividends on stocks and bonds collateral loans and from all other sources 137662 65 12 Income received from all other sources omitting increase if any in value of securities viz Rents 1869793 miscellaneous 570460 total 24402 53 15 Aggregate amount of income actually received during the year in cash 3181977 5948 COMPTROLLERGENERALS REPORT VEXPENDITURES DURING THE YEAR On Fire Risks 1 Gross amount actually paid for losses includ ing 29480823 losses occurring in previous years2086668 00 2 Deduct all amounts actually received for sal vages whether on losses of the last or of previous years 1454742 and all amounts actually received for reinsurances in other companies 22854047 total deductions 243087 89 3 Net amount paid during the year for losses 1843580 11 1843580 11 4 Cash dividends actually paid stockholders amount of stockholdersdividends declared during the year 200000 00 6 Paid for commissions or brokerage 658671 79 7 Paid for salaries fees and other charges of officers clerks agents and all other employes 112147 59 9 All other payments and expenditures viz Advertising printing stationery 259868 legal expenses 205424 repairs to real estate 960000 miscellaneous 9945618 total 137092 21 Aggregate amount of actual expenditures during the year in cash 3189220 92 Business in the State of Georgia during the year Fire Risks Fire marine and inland risks written 3406352 00 Premiums received gross 53969 55 Losses paid 29744 45 Losses incurred 22742 97 BUSINESS IN GEORGIA FOR YEAR ENDING APRIL 30 1901 Risks 3920245 00 Premiums 48073 92 Losses 24795 84 Tax 480 74 FIREMANS FUND FIRE INSURANCE COMPANY OF SAN FRANCISCO William J Dutton President Louis Weinmann Secretary Principal Office 4017 California Street E S Wilson Macon Attorney for Service in Georgia 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 503 700 00 2 Loans on bond and mortgage duly recorded and being first liens on the fee simple 280 187 64COMPTROLLERGENERALS REPORT 49 Interest due on all said bond and mortgage loans So79422 interest accrued thereon 111912 total Value of lands mortgaged exclusive of build ings and perishable improvements 583500 00 Value of buildings mortgaged insured for 10350000 as collateral 100000 00 6913 34 6 Total value of said mortgaged premises car ried inside 743500 00 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 and amount loaned thereon 12 Cash in companys principal offices 14472 07 13 Cash belonging to the company deposited in bank CrockerWoolworth National 10 83272 San Francisco National 1167168 Bank of California 1149149 AngloCali fornian Bank 1459861 Savings and Loan Society 1127143 Shawmut Na tional Bank Boston 3155593 Califor nia Safe Deposit and Trust Co 738769 Merchants National Chicago 1614951 National Park N Y 2964050 I C Plants Son Banker Macon Ga 459686 First National Albuquerque N M 10 00000 total 176032 43 Total cash items 16 Interest due and accrued on collateral loans and uncol lected 17 Cash in hands of agents and in course of transmisson 18 Bills receivable not matured taken for fire marine and inland risks All other assets both real and personal viz Due from other companies for reinsurance on losses already paid 8 10205 warrants 125656 advances on unsettled marine losses 5076 85 bills receivable 150000 2262825 00 181100 0O Total assets of the company actual cash market value 190504 50 790 30 460975 64 50743 88 15935 46 4013675 76 IIILIABILITIES 32093 30 1 Losses adjusted unpaid 2 Gross losses in process of adjustment or in suspense including all reported and sup posed losses 267363 41 3 Losses resisted including interest costs and other expenses thereon 5825 00 4 Total gross amount of claims for losses 30528171 5 Deduct reinsurance thereon 128587 49 Net amount of unpaid losses Gross premiums without any deduction re ceived and receivable upon all unexpired 176694 2250 COMPTROLLERGENERALS REPORT fire risks running one year or less from date of policy 115336288 unearned premi i urns fifty per cent 576081 44 Gross premiums without any deduction re ceived and receivable upon all unexpired fire risks running more than one year from date of policy 146360940 unearned premiums pro rata 744333 80 Gross premiums without any deduction in cluding both cash and bills received and receivable upon all unexpired inland nav igation and marine time bull risks 137 81495 unearned premiums fifty per cent 68907 47 10 Gross premiums without any deduction re ceived and receivable on all unexpired ma rine risks 8 i 11 19 23365 47 Total unearned premiums as computed above car ried out 1413288 18 All other demands against the company absolute and con tingent due and to become due admitted and contest ed viz Special deposits 14759 53 Commissions due agents on premiums in course of col lection 61850 61 Marine bills payable 5215 0i Total 21 23 24 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 1671807 61 1000000 Oo 1341868 15 4013675 76 IVINCOME DURING THE YEAR On Marine and On Fire Kisks Inland Risks 1 Gross premiums and bills in course of collection at close of last previous year as shown by that years statement 346318 92 121457 23 3 Net collected 4 Gross premiums on risks written 346318 92 and renewed during the year 2316597 26 121457 23 862050 30 Total 2662916 18 983507 53 Deduct premiums and bills in course of collection at this date 407498 59 104220 93 7 Entire premiums collected dur ing the year 2255417 59 879286 60 8 Deduct reinsurance and return premiums 657924 96 556103 55 i Net cash actually received for premiums carried out 1597492 63 323183 05 1920675 68COMPTROLLERGENERALS REPORT 51 10 Received for interest on bonds and mortgages 32609 15 11 Received for interests and dividends on stocks and bonds collateral loans and from all other sources 117439 08 12 Income received from all other sources omitting increase if any in value of securities viz Rents 27952 09 15 Aggregate amount of income actually received during the year in cash 2093676 00 VEXPENDITURES DURING THE YEAR On Marine and On Fire Risks Inland Risks 1 Gross amount actually paid for losses including 25698942 losses occurring in previous years 1236900 34 542487 50 2 Deduct all amounts actually re ceived for salvages whether on losses of the last or of pre vious year 2315447 and all amounts actually received for reinsurances in other compa nies 56978448 total de ductions 247948 60 344990 65 3 Net amount paid during the year for losses 988951 74 197496 85 4 Cash dividends actually paid atockholders 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 5 Paid for State National and local taxes in this and other States 5 All other payments aid expenditures viz Rents 1840000 miscellaneous 18260891 1186448 59 120000 00 257301 45 236017 74 68432 45 191008 91 Total 2059209 14 Business in the State of Georgia During the Year Marine and Fire Risks Inland Risks Aggregate IFire marine and inland risks written 3699015 CO 2048160 00 5747175 00 Premiums received gross 5386175 8810 63 62672 38 Losses paid 30807 21 2218 40 33025 61 Losses incurred 21914 58 2525 51 24440 09 HUSINESS IN GEORGIA FOR YEAR ENDING APRIL 30 1901 Risks 3806181 00 Premiums 58636 41 Losses 22980 73 Tax 586 6352 COMPTROLLERGENERATES REPORT GEORGIA HOME FIRE INSURANCE COMPANY OF COLUMBUS GA Rhodes Browne President Wm C Court Secretary Attorney for Service in Georgia W P PattillO Atlanta iCAPITAL 1 Whole amount of capital stock 300000 00 300000 00 2 Amountpaid up in cash 300000 00 IIASSETS 1 Market value of real eslate owned by the company less the amount of incumbrances thereon 164825 00 2 Loans on bond and mortgage duly recorded and being first liens on the fee simple 90843 28 9 Total par and market value of stocks and bonds owned absolutely by the company carried out at market value 566917 41 10 Amount of stocks bonds and all other securities except mortgages hy pothecated to the com pany as collateral se curity for cash actually loaned by the company with the par and mar ket value of the same and the amount loaned on each Swift Mfg Co stock 15000 CO 30000 00 15000 00 Rent notes 2449 24 2449 24 2449 24 Personal security 18717 19 18717 19 18717 19 Total Total Amount Par Mai ket Loaued Value Value Thereon 11 13 Total par and market value and amount loaned thereon 36166 43 51166 43 36166 43 36166 43 Cash belonging to the company deposited in bank National Bank of Columbus 79 03069 Mercantile National Bank of New York 274 73 S 79305 42 Total cash items 14 Amount of premium notes upon which policies have been issued 17 Cash in hands of agents and in course of transmission All other assets both real and personal viz Due from other compauies for reinsurance on losses already paid Alexandria Ins Co 101970 National Ins Co 1350 Law Union and Crown Ins Co 202579 Open ledger accounts 79305 42 1680 93 53979 07 3058 99 3587 36 Total assets of the company actual cash market value 1003363 83COMPTROLLERGENERALS REPORT 53 IITLIABILITIES Gross losses in process of adjustment or in sus pense including all reported and supposed losses Losses resisted including interest costs and other expenses thereon 15540 29 9967 68 Total gross amount of claims for losses 25507 97 Deduct reinsurance thereon 5514 25 19993 72 11 15 IS Gross premiums without any deduction re ceived and receivable upon all unexpired fire risks running one year or less from date of policy 171785 04 Unearned premiums fifty per cent 85892 52 Gross premiums without any deduction re ceived and receivable upon all unexpired fire risks running more than one year from date of policy 23214557 unearned premiums prorata 141491 18 Total unearned premiums as computed above carried out Dividends declared and remaining unpaid or uncalled for Amount of borrowed money Total 227383 70 3678 50 46286 15 21 24 297342 07 Joint stock capital actually paid up in cash 300000 00 Surplus beyond capital and all other liabilities 406021 79 Aggregate amount of all liabilities including capital paid up and net surplus 1003363 8 IVINCOME DURING THeJyeAE On Fire Risks Gross premiums and bills in course of collec tion at close of last previous year as shown by that years statement 68699 20 Deduct amount of same not collected 8463 98 3 Net collected 60235 22 4 Gross premiums on risks written and renewed during the year 356130 75 5 Total 416365 97 6 Deduct premiums and bills in course of collec tion at this date 60235 22 356130 75 118793 38 7 Entire premiums collected during the year 8 Deduct reinsurance and return premiums 9 Net cash actually received for premiums carried out 237337 37 10 Received for interest on bonds and mortgages 12057 48 11 Received for interests and dividends on stocks and bonds collateral loans and from all other sources 252044254 COMPTROLLERGENERALS REPORT 12 Income received from all other sources omit ting increase if any in value of securities 5278 68 Total 15 42540 58 the year in cash 279877 95 Aggregate amount of income actually received during VEXPENDITURES DURING THE YEAR On Fire Risks 1 Gross amount actually paid for losses includ ing 4110943 losses occurring in previous years 173593 81 2 Deduct all amounts actually received for sal vages whether on losses of the last or of previous year and all amounts actually re ceived for reinsurance in other companies 40034 59 3 Net amount paid during the year for losses 133559 4 Cash dividends actually paid stockholders amount of stock holders dividends declared during the year 30000 6 Paid for commissions or hrokerage less reinsurance com missions 31529 7 Paid for salaries fees and other charges of officers clerks agents and all other employes 47568 8 Paid for State national and local taxes in this and other States 13818 9 All other payments and expenditures viz Legal expenses advertising and stationery 9156 00 80 S5 87 44 18 Total 271633 Business in the State of Georgia During the Year 1900 Fire Risks Fire marine and inland risks written 4910591 00 Premiums received gross 65558 70 Losses paid 29141 15 Losses incurred 14405 37 BUSINESS IN GEORGIA FOR YEAR ENDING APRIL 301901 Risks 4426023 00 Premiums 64755 09 Losses 23128 29 Tax 647 55 THE GERMAN FIRE INSURANCE COMPANY OF FREEPORT ILL C O Collmann President Wm Trbmbor Secretary Principal office No 9 11 and 13 N Galena Ave icapital 1 Whole amount of capital stock 500000 00 500000 00 2 Amount paid up in cash 200000 00COMPTROLLERGENERALS REPORT 5 4 i 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 11 57987 interest accrued thereon 4425872 total Value of lands mortgaged exclusive of build ings and perishable improvements4173025 00 Value of buildings mortgaged insured for707 06500 as collateral 1369300 00 79348 25 1 558980 15 55838 59 Total value of said mortgaged premises carried inside5542325 00 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 and amount loaned thereon 13 Cash belonging to the company deposited in bank Ger man Bank Freeport III 13192012 First National Bank Freeport 111 5918105 State Bank Freeport 111 6512218 cash on hand in office 1224348 total 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 18 Bills receivable not matured taken for fire marine and inland risks 1357812 44 13300 00 26S466 S3 268466 83 16669 79 486 60 302621 16 61380 71 Total assets of the company actual cash market value 3714904 52 1 IIILIABILITIES Losses due and unpaid 55595 73 Gross losses in process of adjustment or in suspense including all reported and sup posed losses 50027 18 Losses resisted including interest costs and other expenses thereon 12850 00 Total gross amount of claims for losses 118472 91 Deduct reinsurance thereon 17168 35 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 1013079 29 Unearned premiums fifty per cent 506539 62 Gross premiums without any deduction re ceived and receivable upon all unexpired fire risks running more than one year from date of policy 285842515 unearned premiums prorata 1522398 40 101304 5656 M PTROLLERGENERALS REPORT 11 Total unearned premiums as computed above carried out 202S93S 02 19 All other demands against the company abso lute and contingent due and to become due admitted and contested viz 5850293 re tained for reins commissions 5093731 109440 24 20 Total amount of all liabilities except capital stock scrip and net surplus 22396S2 82 21 Joint stock capital actually paid up in cash 200000 00 23 Surplus beyond capital and all other liabilities 1275221 70 24 Aggregate amount of all liabilities including capital paid up and net surplus 3714 904 52 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 350052 87 2 Deduct amount of same not collected 7509 74 3 Netcollected 342543 13 4 Gross premiums on risks written and renewed during the year2239681 47 5 Total 2582224 60 6 Deduct premiums and bills in course of collec tion at this date 364001 87 7 Entire premiums collected during the year 2218222 73 8 Deduct reinsurance and return premiums 436740 77 9 Net cash actually received for premiums carried out 1781481 96 10 Received for interest on bonds and mortgages 91100 48 11 Received for interests and dividends on stocks and bonds collateral loans and from all other sources 47737 97 12 Income received from all other sources omitting increase if any in value of securities viz Rents 246964 worth less notes 161957 total 4089 21 15 Aggregate amount of income actually received during the year in cash 1924409 62 VEXPENDITURES DURING THE YEAR On FireRhks 1 Gross amount actually paid for losses includ ing 10234622 losses occurring in previous years 1011080 78 2 Deduct all amounts actually received for salv ages whether on losses of the last or of previous years 413862 and all amounts ac tually received for reinsurances in other companies 11112435 total deductions 115262 97 3 Net amount paid during the year for losses 895817 81COMPTROLLERGENERALS REPORT 57 4 Cash dividends actually paid stockholders amount of stockholdersdividends declared during the year 60000 00 6 Paid for commissions or brokerage 458946 70 7 Paid for salaries fees and other charges of officers clerks agents and all other employes 93674 82 8 Paid for State national and local taxes in this and other States 4356132 9 All other payments and expenditures viz Field and ad justing expenses 4047821 freight 668821 printing and stationery 2054090 postage 396584 revenue 919052 furniture and fixtures and maps 322S06 de preciation account 1843762 premiums paid on bonds 11980558 and miscellaneous 43277 04 total 165611 98 Aggregate amount of actual expenditures during the year in cash 1717612 63 Business in the State of Georgia during the Year Fire Risks Fire marine and inland risks written 609915 00 Premiums received gross 6359 51 Losses paid Losses incurred BUSINESS IN GEORGIA FOB YEAR ENDING AIRIL 30 1901 Risks 711685 00 Premiums 9799 56 Losses 183 81 Tax VI 99 GERMANIA FIRE INSURANCE COMPANY OF NEW YORK Hugo Schumann President Ohas Ruykhaver Secretary Principal office 6264 Williams St New York S C Williams Atlanta Attorney for Service in Georgia icapital 1 Whole amount of capital stock1000000 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 2 Loans on bond and mortgage duly recorded and being first liens on the fee simple 3 Interest accrued on all said bond and mortgage loans 4 Value of lands mortgaged exclusive of buildings and per ishable improvements 247500 00 5 Value of buildings mortgaged insuredfor 389 500 as collateral 421500 00 ii Total value of said mortgaged premises carried inside 069000 00 686824 27 378500 00 8903 7558 COMPTROLLERGENERALS REPORT 9 Total par and market value of stocks and bonds owned ab solutely by tbe Company carried out at market value 12 Cash in Companys principal office 4356 76 13 Cash belonging to the Company deposited in bank Nat Park Bank N Y 10283577 German American Bank N Y 3685770 N YLife Ins and Trust Co NY 212070 First Nat Bank Chicago 1835638total 160170 55 3480614 00 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 All other assets both real and personal viz Rents due and accrued 211502 cash in hands of department man agers 1386206 Total assets of the Company actual cash market value 164527 31 1250 00 227204 07 15977 08 4963800 48 LIABILITIES 1 Lossesdue and unpaid Gross losses in process of adjustment or in sus pense including all reported and supposed losses Losses resisted including interest costs and other expenses thereon 50478 60 51213 89 9181 00 4 Total gross amount of claims for losses 110873 49 5 Deduct reinsurance thereon 29301 88 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 72371430 unearned premiums fifty percent 8 Gross premiums without any deduction re ceived and receivable upon all unexpired fire risks running more than one year from date of policy 234215776 unearned premiums pro rata 1201920 85 81571 61 361857 15 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 brokerage and other charges due and to become due to agents and brokers on premiums paid and in course of collection 1563778 00 42475 49 20 Total amount of all liabilities except capital stock scrip and net surplus 1637825 10 21 Joint stock capital actually paid up in cash 1000000 00COMPTROLLERGENERALS REPORT 59 23 Surplus beyond capital and all other liabilities 2275975 38 24 Aggregate amount of all liabilities including capital paid up and net surplus 4963800 48 IVINCOME DURING THE YEAR On Fire Risks I Gross premiums and bills in course of collection at close of last previous year as shown by that years statement 235573 75 3 Not collected 235673 75 4 Gross premiums on risks written and renewed during the year 1690660 88 5 Total1926234 63 6 Deduct premiums and bills in course of collec tion at this date 229387 32 7 Entire premiums collected during the year 1696847 31 8 Deduct reinsurance and return premiums 22136475 501266 79 9 Net cash actually received for premiums carried out 1195580 52 10 Received for interest on bonds and mortgages 17389 48 11 Received for interests and dividends on stocks and bonds collateral loans and from all other sources 142607 24 15 Aggregate amount of income actually received during the year in cash 1355577 VEXPENDITURES DURING THE YEAR On Fire Eisks 1 Gross amount actually paid for losses including 10895438 losses occurring in previous years 803642 93 2 Deduct all amounts actually received for sal vages whether on losses of last or of previous year 381905 and all amounts actually re ceived for reinsurances in other companies 14867066total deductions 152489 71 651153 22 150000 00 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 236401 49 7 Paid for salaries fees and other charges of officers clerks agents and all other employees 137606 05 8 Paid for State national and local taxes in this and other States including internal revenue tax 49700 32 9 All other payments and expenditures viz Rents adver tising agency and office expenses fire patrol printing stationery postage and express traveling board exp 78978 0 Aggregate amount of actual expenditures during the year in cash 1303839 1J0 COMPTROLLERGENERALS REPORT Business in the State of Georgia during the Year Fire Risks Fire marine and inland risks written 1612073 00 Premiums received gross 19S21 50 Losses paid 11938 97 Losses incurred 10127 61 BUSINESS IN GEORGIA FOK YEAR ENDING APRIL 30 1901 Risks 1947602 00 Premiums 20921 41 Losses 29685 61 Tax 209 21 GERMAN AMERICAN FIRE INSURANCE COMPANY OF NEW YORK William N Kremer President Charles G Smith Secretary Principal office Liberty and Nassau Sts New York City W L Reynolds Attorney for service in Georgia icapital 1 Whole amount of capital stock 1000000 00 ti 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 bond and mortgage duly recorded and being first liens on the fee simple 13000 00 3 Interest due on all said bond and mortgage loans interest accrued thereon 17300 total 173 00 4 Valueof lands mortgaged exclusive of build ings and perishable improvements 8000 00 5 Value of buildings mortgaged insured for 1300000 as collateral 14000 00 6 Total value of said mortgaged premises carried inside 22000 00 9 Total par and market value of stocks and bonds owned absolutely by the company carried out at market value 7701467 00 IIILIABILITIES 12 Cash in companys principal office 9599 34 13 Cash belonging to company deposited in bank National Bank of Commerce of New York 26962275 GermanAmerican Bank of New York 2934489 National City Bank of New York 608456 Corn Exchange National Bank of Chicago 3148851 Anglo Califor nia Bank limited of San Francisco 6 68639 Wells Fargo Cos Bank of SanCOMPTROLLERGENERALS REPORT 61 Francisco 386730 Germania Trust Go San Francisco 371061 total 350805 01 Total cash items 360404 35 17 Cash in hands of agents and in course of transmission 586236 99 Total assets of the company actual cash market value 8676281 34 IIILIABILITIES 1 Losses due and unpaid 169939 00 2 Gross losses in process of adjustment or in sus pense including all reported and supposed losses 241677 00 3 Losses resisted including interest costs and other expenses thereon 41863 00 4 Total gross amount of claims for losses 453479 00 5 Deduct reinsurance thereon 81596 00 6 Net amount of unpaid losses 7 Gross premiums without any deduction re ceived andreceivable upon all unexpired fire risks running one year or less from date of policy2177353 11 Unearned premiums fifty percent 1088676 55 8 Gross premiums without any deduction re ceived and receivable upon all unexpired fire risks running more than one year from date of policy 329510395 unearned pre miums pro rata 1654020 97 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 agents and bro kers 11528462 return premiums 207226 rein surance 15945858 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 Fire Risks 1 Gross premiums and bills in course of collec tion at close of last previous year as shown by that years statement 527849 41 2 Deduct amount of same not collected 1589 88 3 Net collected 52G259 53 371883 00 2742697 52 17173 66 276815 46 3408569 64 1000000 00 4267711 70 8676281 3462 COMPTROLLERGENERALS REPORT 4 Gross premiums on risks written and renewed during the year4731936 23 5 Total5258195 76 6 Deduct premiums and bills in course of col lection at this date 620517 28 7 Entire premiums collected during the year4637678 48 8 Deduct reinsurance and return premiums 1642490 40 9 Net cash actually received for premiums car ried out2995188 0812995188 08 10 Received for interest on bonds and mortgages 2234 45 11 Received for interests and dividends on stocks and bonds collateral loans and from all other sources 310613 16 15 Aggregate amount of income actually received during the year in cash 3308035 69 VEXPENDITURES DURING THE YEAR On Fire Risks 1 Gross amount actually paid for losses includ ing 39820738 losses occurring in previous years 2494665 51 2 Deduct all amounts actually received for sal vages whether on losses of the last or of previous year 1331519 and all amounts actually received for reinsurances in other companies 76889349 total deductions 782208 68 3 Net amount paid during the year forlosses 1712456 83 1712456 83 4 Cash dividends actually paid stockholders amount of stock holders dividends declared during the year 300000 00 43 Paid for commissions or brokerage 482068 07 7 Paid for salaries fees and other charges of officers clerks agents and all other employes 209502 70 5 Paid for State national and local taxes in this and other States 98730 S2 9 All other payments and expenditures viz Stationery advertising travelling general and special agents etc 326777 77 Aggregate amount of actual expenditures during the year in cash 3129536 19 Business in the State of Georgia During the Year Fire marine and inland risks written 3926147 00 Premiums received gross 57151 97 Losses paid 50051 29 Losses incurred 30 418 29 BUSINESS IN GEORGIA FOR YEAR ENDING APRIL 30 1901 Kisks 4001501 00 Premiums 60770 83 Lo88esi 57036 81 Tax 617 70COMPTROLLERGENERALS REPORT 63 GLENS FALLS FIRE INSURANCE COMPANY OF GLENS FALLS N Y J L Cunningham President R A Little Secretary Principal office Cor Glens and Bay Sts Glens Falls N Y ICAPITAL 1 Whole amount of capital stock 2 Amount paid up in cash 200000 00 200000 00 IIASSETS 1 Market value of real estate owned by the company less the amount of incumbrances thereon 63700 00 2 Loans on bond and mortgage duly recorded and being first liens on the fee simple 1140386 66 3 Interest due on all said bond and mortgage loans 637724 interest accrued thereon 46475 total 6841 99 9 10 Total par and market value of stocks and bonds owned absolutelv by the company carried out at market value 1693145 25 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 Morris Essex R R mortgage bonds first Total far Value Total Market Value Amount Loaned Thereon 3000 00 4110 00 4000 00 11 12 13 Total par and market value and amount loaned thereon 4000 00 Cash in companys principal offices 3944 92 Cash belonging to the company deposited in bank First National Bank Glens Falls 37395291 First National Chicago 19 36505 Cleveland Trust Co 1111419 State Savings and Loan Co Cleveland 1000000 Cleveland Savings and Banking Co Cleve land Ohio 500000 total 419432 15 Total cash items 419432 15 Interest due and accrued on stocks not included in market value uncollected 65S3 33 Cash in hands of agents and in course of transmission 120205 61 18 Bills receivable not matured taken for fire marine and in land risks 622 84 All other assets both real and personal 3458162 75 Total assets of the company actual cash market value deduction from No 2 2000000 and No 17 1 26370 15 17 21263 70 3436899 0564 COMPTROLLERGENERALS REPORT IllLIABILITIES 1 Losses due and unpaid 25120 16 2 Gross losses in process of adjustment or in sus pense including all reported and supposed losses 28684 00 3 Losses resisted including interest costs and other expenses thereon 6723 60 4 Total gross amount of claims for losses 60527 76 5 Deduct reinsurance thereon 9963 48 6 Net amount of unpaid losses 50564 28 7 Gross premiums without any deduction re ceived and receivable upon all unexpired fire risks running one year or less from date of policy 395896 65 Unearned premiums fifty per cent 197948 32 8 Gross premiums without any deductions re ceived and receivable upon all unexpired fire risks running more than one year from date of policy 142314776 unearned premiums prorata 723145 08 11 Total unearnedpremiumsascomputed above carriedout 931093 40 17 Due and accrued for salaries rent advertising and for agency and other miscellaneous expenses 10000 00 Total 18051 28 20 Total amount of all liabilities except capital stock scrip and net surplus 1009708 96 21 Joint stock capital actually paid up in cash 200000 00 23 Surplus beyond capital and all other liabilities 2227190 09 24 Aggregate amount of all liabilities including capital paid up and net surplus 3436899 05 IVINCOME DURING THE YEAR On Fire Risks 4 GrosB premiums on risks written and renewed during the year1034936 68 8 Deduct reinsurance and return premiums 19684i 70 9 Net cash actually received for premiums carried out 838092 98 10 Received for interest on bonds and mortgages 7l0S7 44 11 Received for interests and dividends on stocksand bonds collateral loans and from all other sources 107099 04 12 Income received from all other sources omitting increase if any in value of securities 2 011 41 15 Aggregate amount of income actually received during the year in cash 1018290 87COMPTROLLERGENERALS REPORT 65 VEXPENDITURES DURING THE YEAR On Fire Risks 1 Gross amount actually paid for losses includ ing 38928 losses occurring in previous years 504853 53 2 Deduct all amounts actually received for sal vages whether on losses of the last or of previous year 108615 and all amounts actually received for reinsurances in other companies 5169335 total deductions 52779 50 3 Net amount paid during the year for losses 452074 03 4 Cash dividends actually paid stockholders amount of stock holders dividends declared during the year 60000 00 6 Paid for commissions or brokerage 189674 41 7 Paid for salaries fees and other charges of officers clerks agents and all other employes 64138 17 8 Paid for State national and local taxes in this and other States 5917140 9 All other payments and expenditures viz Stationery travelling advertising etc 66008 66 Aggregate amount of actual expenditures during the year in cash 891066 67 Business in the State of Georgia During the Year Fire Risks Fire marine and inland risks written 1927623 00 Premiums received gross 24170 30 Losses paid 5721 27 Losses incurred 2934 27 BUSINESS IN GEORGIA FOR YEAR ENDING APRIL 30 1901 Risks 1991777 50 Premiums 25847 52 Losses 9898 99 Tax 258 48 THE GREENWICH INSURANCE COMPANY OF THE CITY OF NEW YORK Mason A Stone President Walter B Ward Asst Secretary Principal office 161 Broadway 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 ineumbranees thereon 300000 00 9 Total par and market value of stocks and bonds owned ab solutely by the company carried out at market value 1251450 00 5 cg66 COMPTROLLERGENERALS REPORT 12 Cash in companys principal office 15616 95 13 Cash belonging to the company deposited in bank National Broadway Bank 8548 38 Merchants Exchange National Bank 4396 90 Total cash items 28 562 23 Gross premiums in course of collection on policies written within three months 288 575 56 18 Bills receivable not matured taken for fire marine and inland risks 13i99l 07 Reinsurance on losses already paid American Newark N J 1217 American Central St Louis Mo 11299 Assurance Co of America New York 120 Citizens New York 5366 Colonial New York 390 Eagle Pire New York 034 Hamilton Fire New York 060 Hanover Fire New York 1594 Insurance Co of North America Philadelphia Pa 084 Lion London Eng 126 Lumbermens Philadelphia Pa 543 Munich Reinsurance Munich Germany 270290 Manhattan New York 133 Nassau Brooklyn N Y 181439 Orient Hartford Conn 289 Palatine Manchester Eng 1359 Scottish Union and National Edinburg 1199 Union Assurance Society London Eng2 90 4748 32 Total assets of the company actual cash market value 1890327 18 IIILIABILITIES 1 Losses due and unpaid 9666 29 2 Gross losses in process of adjustment or in suspense including all reported and sup posed losses 167138 78 3 Losses resisted included interest costs and other expenses thereon 7775 00 4 Total gross amount of claims for losses 184580 07 5 Deduct reinsurance thereon 12866 55 6 Net amount of unpaid losses 171 713 52 7 Gross premiums without any deduction re ceived and receivable upon all unexpired fire risks running one year or less from date of policy 871405 13 Unearned premiums fifty per cent 435702 57 8 Gross premiums without any deduction re ceived and receivable upon all unexpired fire risks running more than one year from date of policy 113123410 unearned pre miums prorata 637020 78 9 Gross premiumswithout any deduction includ ing both cash and bills received and re ceivable upon all unexpired inland naviga tion and marine risks 10080569 50402 84 11 Total unearned premiums as computed above carried out 1123126 19COMPTROLLERGENERALS REPORT Amount reclaimable on perpetual fire insurance policies being ninetenths per cent of the premium on deposit received 18 Amount of borrowed money 19 All other demands against the company absolute and con tingent due and to become due admitted and contested viz Taxes 500000 estimated commissions on unpaid premiums 50000 return premiums 1512475 rein surance 5000 bills payable 191374 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 67 931 50 117000 00 77038 49 1489809 70 200000 00 200517 48 1890327 18 RECEIPTS DURING THE YEAR Fire 1 Gross premiums and bills unpaid at close of last year 222470 40 2 Deduct amount of same not col lected 28051 98 3 Net collected 194418 42 4 Gross premium on risks written and renewed during the year 1785380 36 5 Total 1979798 78 6 Deduct gross premiums and bills in course of collection at this date 295354 45 7 Entire premiums collected during the year1684444 33 8 Deduct reinsurance rebate abate ment and return premiums 397635 96 Marine and Inland 17526 13 347 48 17178 65 206636 98 223815 63 18727 14 20508S 49 26894 47 9 Net cash actually received for pre miums carried out 1286808 37 178194 02 11 Received for interest and dividends on stock and bonds collateral loans and from all other sources 12 Income received from all sources viz Rents 14 Aggregate amount of receipts actually received during the year in cash VDISBURSEMENTS DURING THE YEAR 1465002 39 45429 71 16125 00 1526557 10 Fire 1 Gross amount actually paid for losses including 16206680 losses occurring in previous years 876629 62 2 Deduct all amounts actually re ceived for salvages whether on losses of the last or of previous Marine and Inland 105221 1368 COMPTROLLERGENERALS REPORT years 11538 27 and all amounts actually received for reinsurance in other companies 14111150 total deductions 137379 87 15269 90 3 Net amount paid during the year for losses 739249 75 8995123 829200 98 4 Cash dividends actually paid stockholders amountof stock 20000 00 6 287248 20 7 Paid for salaries fees and all other charges of officers 133764 17 8 Paid for State and local taxes in this and other States 23910 4S 9 All other payments and expenditures viz Directors fees 580 supplies 1494804 postage 798173 rent 12 000 gas and electric light 150291 advertising 3 46321 traveling expenses 177639S maps 954699 office fixtures 37640 expeseage 145025 telegrams 184992 N Y Board of Fire Underwriters 251950 repairs to real estate 47016 internal revenue 10 88080 miscellaneous 14345411 total 228788 00 Aggregate amount of actual expenditures during the yeir 1522911 83 Business in the State of Georgia during the Year Fire Risks Aggregate Fire marine and inland risks written 1890328 00 1890328 00 32579 43 22472 12 18980 17 BUSINESS IN GEORGIA FOR YEAR ENDING APRIL 30 1901 2370778 00 35487 20 24862 92 354 87 HAMBURGBREMEN FIRE INSURANCE COMPANY OF HAMBURG Director F L Loesener President S V Darien Managing Principal office 4 Heuburg Hamburg Germany W F Pattillo Atlanta Attorney for service in Geor gia ICAPITAL 1 2 1750000 00 525000 00 IIASSETS 9 Total par and market value of stocks and bonds owned ab solutely by the Company carried out at market value 1299856 25 11 Total par and market value of stocks bonds and all other securities except mortgages hypothecated to the company as collateral security for cash actually loaned by the 65000 00 COMPTROLLERGENERALS RErORT 69 13 Cash belonging to the Company deposited in bank Bank of America New York City N Y 93724 64 18 All other assets both real and personal viz Premiums in course of collection not more than three months due 128894 94 Total assets of the Company actual cash market value 1586975 83 IIILIABILITIES 1 Losses due and unpaid 12445 00 2 Gross losses in process of adjustment or in sus pense including all reported and supposed losses 33955 00 3 Losses resisted including interest costs and other expenses thereon 16550 00 4 Total gross amount of claims for losses 62950 00 6 Net amount of unpaid losses 62950 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 96613495 unearned premiums fifty per cent 483067 48 8 Gross premiums without any deduction re ceived and receivable upon all unexpired fire risks running more than one year from date of policy 94072181 unearned premiums prorata 507327 67 11 Total unearned premiums as computed above carried out 990395 15 19 All other demands against the company absolute and con tingent due and to become due admitted and contested 34049 79 20 Total amount of all liabilities except capital stock scrip and net surplus 1087394 94 23 Surplus beyond capital and all other liabilies 499580 89 24 Aggregate amount of all liabilities including capital paid up and net surplus 1586975 83 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 140979 08 3 Net collected 140979 08 4 Gross premiums on risks written and renewed during the year 1610706 60 5 Total 1751685 68 6 Deduct premiums and bills in course of collec tion at this date 128894 94 7 Entire premiums collected during the year 1622790 74 8 Deduct reinsurance and return premiums 308781 22 9 Net cash actually received for premiums carried out 1314009 5270 COMPTROLLERGENERALS REPORT 11 Received for interests and dividends on stocks and bonds collateral loans and from all other sources 53920 89 15 Aggregate amount of income actually received during the year in cash 1367930 41 VEXPENDITURES DURING THE YEAR On Fire Risks 1 Gross amount actually paid for losses includ 9886916 losses occurring in previous years 857500 68 2 Deduct all amounts actually received for sal vages whether on losses of the last or of pre vious year 764193fand all amounts actually received for reinsurances in other companies 5566013total deductions 63 302 06 3 Net amount paid during 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 employees jig m g 8 Paid for State national and local taxes in this and other States 9 All other payments and expenditures viz Local Board of Fire Patrol Assessments stationery advertising printing postage telegrams expressage traveling expenses etc 10 American branches of foreign companies will please report amount sent to home office during the year 71237 26 794198 62 254582 67 40079 44 84375 79 Aggregate amount of actual expenditures during the year in cash 1291347 80 Business in the State of Georgia during the Year On Fire Risks Fire marine and inland risks written 1849 211 00 Premiums received gross 36 292 90 Lossespaid 33g01 92 Losses incurred 20 746 92 BUSINESS IN GEORGIA FOR YEAR ENDING APRIL 30 1901 Eisks 1903711 00 Premiums 3M99 14 bosses 369V0 26 Tax 364 99COMPTROLLERGENERALS REPORT 71 HANOVER FIRE INSURANCE COMPANY OF NEW YORK Charles A Shaw President Joseph McCokd Secretary Principal Office 34 Pine Street F A McCarroll Attorney for Service in Georgia ICAPITAL 1 Whole amount in 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 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 4 Value of lands mortgaged exclusive of buildings and perishable improve ments 2500 00 5 Value of buildings mortgaged insured for 350000 as collateral 5000 00 450000 00 3500 00 14 58 5 Total value of said mortgaged premises 7500 00 9 Total par and market value of all bonds and stocks owned absolutely by the company carried out at market value 12 Cash in companys principal office 53978 74 13 Cash belonging to the company de posited in bank America 716636 German American 524690 Central Trust Co 7048631 Guarantee Trust Co Philadelphia 200 total 83099 57 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 All other assets both real and personal as per schedule attached viz Rents due and accrued 144333 due from other companies for reinsur ance on losses already paid Munich Re Ins Co 853203 Pacific 25 00 Ins Co of North America 1890 Greenwich 7096 Nassau 83c Merchants 26261 Citizens 1850 Virginia State 2 Erie 5 Agricultural 5 Total assets of the company actual cash market value 2251578 75 137078 31 15672 50 291550 74 10384 16 3159779 0472 COMPTROLLERGENERAI IIILIABILITIES 1 Losses due and unpaid 2 Gross losses in process of adjustment or in suspense including all reported and supposed losses S REPORT 132867 86 161660 16 19847 20 242943 68 132S336 32 102835 74 1674115 74 1000000 00 485063 30 3 Losses resisted including interest costs and other expenses thereon 4 Total gross amount of claims for losses 6 Net amount of unpaid losses i14375 22 71431 54 7 Gross premiums without any deduction received and receivable upon all unexpired fire risks running one year or less from date of policy 1227925 62 613962 81 714373 51 Unearned premiums fifty per cent 8 Gross premiums without any deduction received and receivable upon all unexpired fire risks running more than one year from date of policy 129213476 unearned premium pro rata 11 Total unearned premiums as computed ried out above car 19 All other demands against the company absolute and contingent due and to become due admitted and contested viz Commissions and Brokerage on unpaid premiums 5147334 reinsurances 5130240 20 Total amount of all liabilities except capitai 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 3159779 0 f IVINCOMB DUBING 1 Gross premiums and bills in course of collection at close of last previous year as shown by that years statement THE YEAR On Fire Risks 271590 81 4386 67 2 Deduct amount of same not collected 3 Not collected 267204 14 COMPTROLLERGENERALS REPORT 73 4 Gross premiums on risks written and renewed during the year 2340886 63 Total 2608090 77 6 Deduct premiums and bills in course of collection at this date 298991 47 7 Entire premiums collected during the year 2309099 30 8 Deduct reinsurance and return pre miums 588502 04 9 Net cash actually received for pre miums carried out 1720597 26 10 Received for interest on bonds and mortgages 11 Received for interests aud dividends on stocks and bonds collateral loans and from all other sources 12 Income received from ail other sources omitting in crease if any in value of securities viz Rents 1157523 profit and loss 2413909 total 15 Aggregate amount of income actually received during the year in cash 1720597 26 175 00 89158 85 35714 32 1845045 43 VEXPENDITURES DURING THE YEAR On Fire Risks 1 Gross amount actually paid for losses including 19980778 losses occurr ing in previous years 1311853 59 2 Deduct all amounts actually received for salvages whether on losses of the last or of previous year 624729 and all amounts actually received for reinsurances in other companies 19379356 total de ductions 200040 85 3 Net amount paid during the vear for losses 1111812 74 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 1111812 74 100 000 00 345859 22 141944 23 61837 45J COMPTROLLERGENERALS REPORT 9 All other payments and expenditures viz Rents paint stationery legal advertising furniture and all other expenditures total 153203 02 Aggregate amount of actual expenditures during the year in cash 1914656 66 Business in the State of Georgia during the year Fire marine arid inland risks written 2548072 00 Premiums received gross 31015 41 Losses paid 24 039 9 Losses incurred 8806 08 BUSINESS IN GEORGIA FOR THE YEAR ENDING APRIL 30 1901 Rlsks 2974804 44 Premiums 34432 2Q Losses 16623 61 Tax 344 32 HARTFORD FIRE INSURANCE COMPANY OF HARTFORD CONN George L Chase President P C Royce Secretary Principal office 53 Trumbull Thomas Egleston Atlanta Attorney for Service in Georgia icapital 1 Whole amount of capital stock authorized 3000000 00 2 Amount paid up in cash 1250000 00 IIASSETS 1 Market value of real estateowned by the company less the amount of incumbrances thereon 2 Loans on bond and mortgage duly recorded and being first liens on fee simple 3 Interest due on all said bond and mortgage loans 1381500 interest accrued thereon 1157719 4 5 801500 00 857700 00 24892 00 Value of lands mortgaged exclusive of buildings and perishable improvements Value of buildings mortgaged insured for 684700 as collateral 6 Total value of said mortgaged premises 2273950 00 9 Total par value of stocks and bonds owned absolutely by the company carried out at market value 7178654 35 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 7800 00 Cash in companys principal office 128251 82 12 Total 730818 30 Total cash items 859 07 0 12COMPTROLLERGENERALS REPORT 75 16 Interest due and accrued on collateral loans and uncollected 53 33 17 Cash in hands of agents and in course of transmission 1378541 52 All other assets both real and personal 146969 due from other companies for reinsurance on losses already paid 957383 11043 52 Printing plant 25419 90 Total assets of company actual cash market value 11144674 93 IIILIABILITIES 11 19 20 21 23 Losses due and unpaid 232622 44 Gross losses in process of adjustment or in sus pense including all reported and supposed losses 367659 82 Losses resisted including interest cost and other expenses thereon 54866 14 Total gross amount of claims for losses 655148 40 Net amount of unpaid losses 655148 40 Gross premiums without any deductions re ceived and receivable upon all unexpired fire risks running one year or less from date of policy 4917455 16 Unearned premiums 2458727 58 Gross premiums without any deduction re ceived and receivable upon all unexpired fire risks running more than one year from date of policy 602286705 unearned premiums prorata 3008319 14 Total unearned premiums as computed above carried out 5467046 72 All other demands against the company absolute and contingent due and to become due admitted and con tested 224300 00 Total amount of all liabilities except capital stock scrip and net surplus 6346495 12 Joint stock capital actually paid up in cash 1250000 00 Surplus beyond capital and all other liabilities 3548179 81 24 Aggregate amount of all liabilities including capital paid up and net surplus 11144674 93 IVINCOME DURING THE YEAR Fire 2 Add difference due premiums 18991900 1255624 88 3 Net collected 122916 64 4 Gross premiums on risks written and renewed during the year 1378541 52 8442122 51 5 Total 9820664 03 6 Deduct premiums and bills in course of collec tion at this date 1378541 5276 COMPTROLLERGENERALS REPORT 7 Entire premiums collected during the year 8442122 5 8 Deduct reinsurance and return premiums 1757375 93 9 Net cash actually received for premiums carried out 6684746 58 10 Received for interest on bonds and mortgages 61660 04 11 Received for interests and dividends on stocks and bonds collateral loans and from all other sources 312845 76 12 Income received from all other sources omitting increase if any in value of securities 13181 70 Conscience money 49755 agents balances previously marked off 302 total 500 57 15 Aggregate amount of income actually received during the year in cash 7072934 65 VEXPENDITURES DURING THE YEAR On Fire Risks 1 Gross amount actually paid for losses including 60636664 losses occurring in previous years 5012975 13 2 Deduct all amounts actually received for sal vageswhether on losses of the last or of previ ous year and all amounts actually received for reinsurances in other companies 641 01747 total deductions 64101747 641017 47 3 Net amount paid during the year for losses 4371957 66 4371957 6l 4 Cash dividends actually paid to stockholders 400000 00 6 Paid for commissions or brokerage 1163657 81 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 bonds and stocks marked off 1855558 agents balances marked off 192574 total Paid reinsuring companies under treaty 6753017 mis cellaneous 55379715 total 511705 04 197520 96 20481 32 621327 32 Aggregate amount of actual expenditures during the year in cash 7286650 11 Business in the State of Georgia During the Year Fire marine and inland risks written 9378654 00 Premiums received gross 156656 3 Losses paid 127526 60 Losses incurred 79888 38 BUSINESS IN GEORGIA FOR YEAR ENDING APRIL 30 1901 Risks 9703670 00 Premiums 161035 64 Losses 114577 00 Tax 1610 351 COMPTROLLERGENERALS REPORT 77 HELVETIA SWISS FIRE INSURANCE COMPANY OF ST GALL SWITZERLAND Weed Kennedy Resident Manag rs Principal office in U S 2S31 Liberty Street New York City Henry S Jackson Atlanta Attorney for service in Georgia II ASSETS 9 Total par and market value of stocks and bonds owned absolutely by the company carried out at market value 712577 50 12 Cash in companys principal office 189 16 13 Cash belonging to the company deposited in bankVermilye Co NYC 6180994 San Francisco Savings Union San Fran cisco Cal 199863 total63808 57 Total cash items 63997 73 14 Amount of premium notes upon which policies have been issued 87770 47 15 Interest due and accrued on bonds not included in mar ket value uncollected 3291 67 Total assets of the company actual cash market value 867637 37 III LIAHILITIES 1 Losses due and unpaid 12656 29 2 Gross losses in process of adjustment or in suspense including all reported and sup posed losses 18452 15 3 Losses resisted including interest cost and other expenses thereon 5250 00 4 Total gros3 amount of claims for losses 36358 44 5 Deduct reinsurance thereon469 94 Net amount of unpaid losses 35888 50 7 Gross premiums without any deduction re ceived and receivable upon all unexpired fire risks running one year or less from date of policy 372752 02 Unearned premiums fifty per cent 186376 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 13795390 Unearned pre miums pro rata 73950 12 11 Total unearned premiums as computed above carried out 260326 13 19 All other demands against the company absolute and con tingent due and to become due admitted and contested viz Reinsurance 374458 commission brokerageCOMPTROLLERGENERALS REPORT and other charges due and to become due to agents and brokers on premiums paid and in course of collection 1983149 return premiums 1871942 Total 23 Surplus beyond capital and all other liabilities 24 Aggregate amount of all liabilities including capital paid up and net surplus IV INCOME DURING TUB 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 108092 16 3 Net collected 108092 le 4 Gross premiums on risks written and renewed during the year 616503 82 5 Total 724595 98 6 Deduct premiums and bills in course of collec tion at this date 92 347 45 7 Entire premiums collected during the year 632248 52 8 Deduct re insurance and return premiums 193735 58 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 14 American branches of foreign companies will please report amount of remittances from home office during the year4000000 15 Aggregate of income actually received during the year in cash V EXPENDITURES DURING THE YEAR 1 Gross amount actually paid for losses including 6992228 Losses occurring in previous years 2 Deduct all amounts actually received for sal vages whether on losses of the last or of previous year 551787 and all amounts actually received for reinsurances in other companies 1742212 total deductions 22939 99 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 taxeVin this and other States 42295 49 338510 12 529127 25 867637 37 438512 94 21863 68 460376 62 394736 62 371796 63 120913 23 3000 00 12469 59COMPTROLLERGENERALS REPORT 79 9 All other payments and expenditures viz Miscellaneous 19786 50 10 American branches of foreign companies will please report amount sent to home offices during the year1450100 Aggregate amount of actual expenditures during the year in cash 527965 95 BUSINESS IN GEORGIA FOR YEAR ENDING APRIL 30 1901 Risks 151875 00 Premiums 2086 25 Losses Tax 20 86 THE HOME INSURANCE COMPANY OF NEW YORK John H Washrurn 1 vicePresidents wAH Yv Secretaries Eldridge G Snow William H Cheney J Principal office 119 Broadway N Y James W Pearce Atlanta Attorney for Service in Georgia 1 Whole amount of capital stock 3000000 00 2 Amount paid up in cash 3000000 00 irassets 1 Market value of real estate owned by the company less the amount of incumbrances thereon 1718265 81 2 Loans on bond and mortgage duly recorded and being first liens on the fee simple 160400 00 3 Interest due on all said bond and mortgage loans 7500 interest accrued thereon 339687 total 3471 87 4 Value of lands mortgaged exclusive of build ings and perishable improvements 207450 00 5 Value of buildings mortgaged insured for 153200 as collateral 166750 00 6 Total value of said mortgaged premises carried inside374200 00 9 Total par and market value of stocks and bonds owned absolutely by the company carried out at market value 10338380 00 Ji Total par and market value and amount loaned thereon 249375 00 13 Cash belonging to the company deposited in bank Continental National Bank 124 68810 American Exchange National Bank 11051607 National Bank of the Republic 8593323 National Bank of North Amer ica 5931681 Continental Trust Co 73 83011 Colonial Trust Co 6053157 Total cash items 514815 89 15 Interest due and accrued on stocks not included in market value uncollected 42487 5080 COMPTROLLERGENERALS REPORT 16 Interest due and accrued on collateral loans and un collected 1705 17 17 Cash in hands of agents and in course of transmission 608435 57 18 Bills receivable not matured taken for fire marine and inland risks 496 72 Total assets of the company actual cash market value 13637833 53 IIILIABILITIES 1 Losses due and unpaid 127725 37 2 Gross losses in process of adjustment or in suspense including all reported and sup posed losses 744223 96 3 Losses resisted including interest costs and other expenses thereon Total gross amount of claims for losses Deduct reinsurance thereon 47350 71 919300 04 389981 23 10 6 Net amount of unpaid losses 529318 81 7 Gross premiums without any deduction re ceived and receivable upon all unexpired fire risks running one year or less from date of policy 3094753 Unearned premiums fifty percent 1547377 8 Gross premiums without any deduction re ceived and receivable upon all unexpired fire risks running more than one year from date of policy 542495100 unearned pre miums pro rata 2751672 9 Gross premiums without any deduction in cluding both cash and bills received and receivable upon all unexpired inland navi gation and marine risks 24035300 Gross premiums without any deduction re ceived and receivable on all unexpired ma rine risks 529318 81 00 00 00 120177 00 126899 00 11 Total unearned premiums as computed above 4546125 00 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 4417013 due for reinsurance 220720 75 total 264890 88 20 Total amount of all liabilities except capital stock scrip and net surplus 5340334 69 21 Joint stock capital actually paid up in cash 3000000 00 23 Surplus beyond capital and all other liabilities 5297498 84 24 Aggregate amount of all liabilities including capital paid up and net surplus 13637833 53COMPTROLLERGENERALS REPORT 81 1 Amount of unearned premiums represented by installment notesbeing the whole amount of such notes 866746 70 IVINCOME DURING THE YEAR On Marine and On Fire Risks Inland Risks 1 Gross premiums and bills in course of collection at close of last previous year as shown by that years statement 573699 38 90832 46 3 Net collected 573699 38 4 Gross premiums on risks written and renewed during the year 7087455 61 5 Total7661164 99 6 Deduct premiums and bills in course of collection at this date 520227 07 90832 46 527964 03 618796 49 95248 04 523548 45 264709 12 7 Entire premiums collected dur ing the year 7140927 92 8 Deduct reinsurance and return premiums 1199819912503124 12 9 Net cash actually received for premiums4637803 80 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 total 258839 33 4896643 13 10695 44 382783 32 166773 25 15 Aggregate amount of income actually received during the year in cash 5456895 14 VEXPENDITURES DURING THE YEAR On Fire Risks 1 Gross amounts actually paid for losses including 67968264 losses occurring in previous years 3598038 25 2 Deduct all amounts actually re ceived for salvages whether on losses of the last or of pre vious year 2781494 and all amounts actually received for reinsurances in other compa nies 118305660 total deduc tions 1059901 42 3 Net amount paid during the year for losses 2538136 On Marine and Inland Risks 325937 42 150970 12 174967 302713104 13 6 cj82 COMPTROLLERGENERALS REPORT 4 Cash dividends actually paid stockholders amount of stock holdersdividends declared during the year 300000 00 6 Paid for commissions or brokerage 869200 63 7 Paid for salaries fees and other charges of officers clerks agents and all other employees 41915 23 8 Paid for State national and local taxes in this and other States and government tax 164126 76 9 All other payments and expenditures viz Rents 56 67996 repairs real estate 5850168 postage ad vertising stationery traveling express incidentals etc 37095018 total 486131 82 Aggregate amount of actual expenditures during the year in cash 4951722 57 Business in the Slate of Georgia During the Year Fire Risks Fire marine and inland risks written S653068 00 Premiums received gross 103367 39 Losses paid 66697 29 Losses incurred 57118 Ss BUSINESS IN GEORGIA FOR YEAR ENDING APRIL 30 1901 Risks 9431095 00 Premiums 117194 65 Losses 7013 19 Tax 1171 95 THE IMPERIAL FIRE INSURANCE COMPANY OF LONDON ENGLAND Henry W Cannon William A Reed Trustees in United States Richard L Edwards Principal Office 3133 Pine Street New York N Y Attorney for service James T Dargan Atlanta ICAPITAL 1 Whole amount of capital stock6000000 00 2 Amount paid up in cash1500000 00 IIASSETS 1 Market value of real estate owned by the Company less the amount of incumbrances thereonS 476634 70 9 Total par and market value of stocks and bonds owned absolutely by the company carried out at market value 1120052 50 12 Cash in companys principal office 1292 84 13 Cash belonging to the company deposited in bank Atlanta National Bank Atlanta Ga 875 07 Union Trust Co New York City N Y 2047108 International Trust CoCOMPTROLLERGENERALS REPORT 83 Boston Mass 814623 Chase National Bank New York City N Y 4325599 National Bank of Illinois Chicago 111 790094 J P Morgan Co New York City N Y 241964 83068 95 Total cash items 84361 79 15 Interest due and accrued on stocks not included in mar ket value uncollected 5091 66 17 Cash in hands of agents and in course of transmission carried in over 3 months due 2090771 205657 79 All other assets both real and personal Rents due and accrued 255916 2559 16 Total assets of the company actual cash market value 1894357 60 IIILIABILITIES 1 Losses due and unpaid 35246 87 2 iross losses in process of adjustment or in sus pense including all reported and supposed losses 57086 28 3 Losses resisted including interest costs and other expenses thereon 21845 00 4 Total gross amount of claims for losses 114178 15 5 Deduct reinsurance thereon 2566 59 3 Net amount of unpaid losses 111611 56 7 Gross premiums without any deduction re ceived and receivable upon all unexpired fire risks running one year or less from date of policy 962518 86 Unearned premiums fifty per cent 481259 43 H Gross premiums without any deduction re ceived and receivable upon all unexpired fire risks running more than one year from date of policy 89129316 unearned pre miums pro rata 454763 37 11 Total unearned premiums as computed above carried out 088022 80 1 Due and accrued for salaries rent advertising and for agency and other miscellaneous expenses including 3900107 commissions due on premiums in course of collection 39751 07 20 Total amount of liabilities except capital stock scrip and net surplus 1087385 43 21 Statutory deposit58407000 23 Surplus beyond capital and all other liabili tiesdivisible surplus 222902 17 806972 17 24 Aggregate amount of all liabilities including capital paid up and net surplus 1894357 oJ84 COMPTROLLERGENERALS REPORT 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 264482 56 3 Net collected 264482 56 4 Gross premiums on risks written and renewed during the year1657680 46 5 Total1922163 02 6 Deduct premiums and bills in course of collec tion at this date 226565 50 7 Entire premiums collected during the year 1695597 52 8 Deduct reinsurance and return premiums 409098 05 9 Net cash actually received for premiums car ried out1286499 47 1286499 47 11 Received for interests and dividends on stocks and bonds collateral loans and from all other sources 39555 35 12 Income received from all other sources omitting increase if any in value of securities viz Rents 2953919 account sale of United States 4 per cent funded loan bonds deposited with the State of Georgia 1723125 Ttal 46770 44 14 American branches of Foreign Companies will please re port amount of remittances from home office during the year 171007 85 15 Aggregate amount of income actually received during the year in cash 1543833 11 VEXPENDITURES DURING THE YEAR On Fire Risks 1 Gross amount actually paid for losses includ ing 15925404 losses occurring in previous years1018889 74 2 Deduct all amounts actually received for sal vages whether on losses of the last or of previous year 719446 and all amounts actually received for reinsurances in other companies 7374884 total deductions 80943 30 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 including 857782 war tax 937946 44 265307 66 86401 71 67574 72 COMPTROLLERGENERALS REPORT 85 9 All other payments and expenditures viz Rents 986979 Advertising printing stationery 1193748 legal ex penses 73484 repairs and expenses on real estate 13 02700 furniture and pictures 583685 traveling ex penses and board assessments 5392544 loss on sales or maturity of ledger assets 1563902 postage telegrams express 1238290 total 12335332 10 American branches of foreign companies will please report amount sent to home offices during the year 71572 77 Aggregate amount of actual expenditures during the year in cash 1552156 62 VIMISCELLANEOUS 8 Greatest amount insured in any one risk 60000 00 Business in the State of Georgia during the year Fire Risks Fire marine and inland risks written 2135046 00 Premiums received gross 34732 06 Losses paid 27711 55 Losses incurred 11983 55 BUSINESS IN GEORGIA FOR YEAR ENDING APRIL 30 1901 Risks 2433297 00 Premiums 34463 95 Losses 10648 07 Tax 344 63 INSURANCE COMPANY OF NORTH AMERICA Charles Platt President Greville E Fryer Secretary Principal Office 232 Walnut St Philadelphia Attorney for Service in Georgia E S Gay Atlanta Ga ICAPITAL 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 855696 70 2 Loans on bond and mortgage duly recorded and being first liens on the fee simple 1712184 05 Interest due on all said bond and mortgage loans 966586 interest accrued thereon 1132733 total 20993 19 4 Value of lands mortgaged exclusive of buildings and perishable improvements 1926341 00 5 Value of buildings mortgaged insured for 1595600 as collateral2160899 00 i Total value of said mortgaged premises carried inside 4087240 00COMPTROLLERGENERALS REPORT 11 Total par and market value of stocks and bonds owned abso lutely by the company carried out at market value Total par and market value of bonds stocks and all other securities except mortgages hypothecated to the Com pany as collateral security for cash actually loaned by the company and amount loaned thereon 13 Cash belonging to the company deposited in bank Phil adelphia National Bank 33692379 Drexel Co Philadelphia 150000 MerchantsNational Bank NY 10305489 Bank of North America Phila 809003 First National Bank Erie Pa 634432 Bank of Mont real Montreal Canada 3096060 Bank of Montreal St John N B542749 Bank of Montreal Halifax N 8 1243295 London and Westminster Bank London 2792901 Brown Shipley Co London 17759784 Bank of Liverpool Liverpool 1091460 Wiener Bank Verein Vienna 4632580 17 Cash in hands of agents and in course of transmission 18 Bills receivable not matured taken for fire marine and in land risks All other assets both real and personal viz Book accounts due Company 5152858 due from other companies for reinsurance on losses already paid 11585610 4932217 0 94700 00 916 945 001 32 021 81 9593 19 7384 68 Total assets of the company actual cash market value 9583791 94 IIILIABILITIES 1 Losses due and unpaid 103 943 48 2 Gross losses in process of adjustment or in sus pense including all reported and supposed T l08ses 539577 52 6 Losses resisted including interest costs and other expenses thereon 41 111 00 4 Total gross amount of claims for losses 684632 00 5 Deduct reinsurance thereon 2321000 marine salvage claims 103100 6 126310 00 Net amount of unpaid losses 568 322 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 274703328 unearned premiums fifty per cent1373516 64 8 Gross premiums without any deductions re ceived and receivable upon all unexpired fire risks running more than one year from date of policy 349669744 unearned premiums Prorata1778243 63COMPTROLLERGENERALS REPORT 87 Gross premiums without any deduction in eluding both cash and bills received and receivable upon all unexpired inland nav igation and marine risks i 4U 10 Gross premiums without any deduction re ceived and receivable upon all unexpired marine risksJ 11 Total unearned premiums as computed above carried out 3387468 67 18 Amount reclaimable by insured on perpetual fire insurance 765oUy M policies 19 All other demands against the company absolute and con tingent due and to become due admitted and contested viz Taxes due or to become due 2074230 commis sions and brokerage due or to become due agents and brokers 33500 book debts 3991218 total J4154 4b 20 Total amount of all liabilities except capital stock scrip and net surplus 0 00 n 21 Joint stock capital actually paid up in cash uuu uu 23 Surplus beyond capital and all other liabilities 1778W oh 4 Aearegate amount of all liabilities including capital paid up and net surplus 9o83791 94 1VINCOME DURING THE YEAR On Marine and On Fire Risks Inland Risks I Gross premiums and bills in course of collection at close of last pre vious year as shown by that years statement 587969J9 338678 26 3 Net collected 587969 59 338678 26 4 Gross premiums on risks written and renewed during the year 5280838 81 2230060 44 6 Total5868808 40 2568738 70 6 Deduct premiums and bills in course of collection at this date 677707 84 306907 16 7 Entire premiums collected during the year5191100 56 2261831 54 8 Deduct reinsurance and return premiums1091467 02 449865 01 9 Net cash actually received for pre miums carried out4099633 54 1811966 53 5911600 07 10 Received for interest on bonds and mortgages 10o580 38 II Received for interests and dividends on stocks and bonds collateral loans and from all other sources 223285 4988 COMPTROLLERGENERALS REPORT 12 Income received from all other sources omitting increase if any in value of securities viz Rents 2958469 per petual fees etc 177623 profit on sale of securities 18560858 dividends from bad debts etc 83179 total 15 Aggregate amount of income actually received during the year in cash 217801 29 6458267 23 EXPENDITURES DURING THE YEAR 1 Gross amount actually paid for losses including not shown losses occurring in previous On Marine and On Fire Risks Inland Risks years 3131778 70 1639025 34 377676 35 501431 82 2 Deduct all amounts actually re ceived for salvages whether on losses of the last or of previous year 23940299 and all amts actually received for reinsu rances in other companies 639 70518 total deductions 3 Net amount paid during the year forloS8es2754102 35 1137593 52 3891695 S7 4 Cash dividends actually paid stockholders amount of stock holders dividends declared during the year 30 000 00 6 Paid for commissions or brokerage j 109958 Sfi 7 Paid for salaries fees and other charges of officers clerks agents and all other employees 336 14 40 8 Paid for State national and local taxes in this and other States 9 All other payments and expenditures viz Rents 1981919 insurance dept fees 1740333 municipal licenses 7 41405 miscellaneous 19452042 advertising station ery etc 3739114 legal expense 588838 repairs etc to real estate 1400029 total 296 508 80 Aggregate amount of actual expenditures during thT year in cash Business in the Stale of Georgia During the Year On Marine and n Fire Risks Inland Risks tire marine and inland risks written 6309009 00 9469353 00 Premiums received gross 102074 56 56 12 05 Losses paid Mm 94 nm g3 120221 72 6114527 Losses incurred 35735 47 25500 00 15778362 00 158196 61 76284 77 61235 47 Risks Premiums Losses Tax BUSINESS IN GEORGIA FOR YEAR ENDING APRIL 30 1901 12218360 00 127205 02 57051 51 1272 05COMPTROLLERGENERALS REPORT 39 THE LANCASHIRE FIRE INSURANCE COMPANY OF MANCHESTER ENGLAND Milton Daegan Manager Principal office 25 Pine Street New York City N Y F M Mikell Atlanta Attorney for Service in Georgia IIASSETS 385585 72 1529450 00 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 offices 480 63 13 Cash belonging to the company deposited in bank Mechanics National N Y510955 Yermilye Co Bankers N Y 11110430 Metropolitan National Chicago 794121 Atlanta National 323542 AngloCali fornia San Francisco 8149 total 127472 03 Total cash items 12795266 17 Cash in hands of agents and in course of transmission 26574915 Total assets of the company actual cash market value 2308737 53 IIILIABILITIES 1 Losses due and unpaid 112724 69 2 Gross losses in process of adjustment or in sus pense including all reported and supposed losses 137118 98 3 Losses resisted including interest costs and other expenses thereon 26546 37 4 Total gross amount of claims for losses 276390 04 o Deduct reinsurance thereon 10638 54 6 Net amount of unpaid losses 2657ol oO 7 Gross premiums without any deduction re ceived and receivable upon all unexpired fire risks running one year or less from date of policy 148018685 Unearned premiums fifty per cent 740093 42 S Gross premiums without any deduction re ceived and receivable upon all unexpired fire risks running more than one year from date of policy 130052178 unearned premiums pro rata 652245 64 11 Total unearned premiums as computed above carried out 1392339 06 Amount reclaimable on perpetual policies 90 per cent 6764 850 19 23 24 COMPTROLLERGENERALS REPORT All other demands against the company absolute and con tingent due and to become due admitted and contested viz taxes 5000 commissions etc 40000 total 45000 00 Total amount of all liabilities except capital stock7 scrip and net surplus j 709855 41 Surplus beyond capital and all other liabilities 598882 12 Aggregate amount of all liabilities including capital paid up and net surplus 2308 737 53 IVINCOME DURING YEAK On Fire Risks Gross premiums and bills in course of collec tion at close of last previous year as shown by that years statement 254518 42 5 Net collected 254518 42 Gross premiums on risks written and renewed during the year 2444125 74 Total 2698644 16 Deduct premiums and bills in course of col lection at this date 265 749 15 Entire premiums collected during the year2432895 01 Deduct reinsurance and return premiums 546109 38 11 12 14 15 Net cash actually received for premiums car rled out 1886785 63 Received for interests and dividends on stocks and bonds collateral loans and from all other sources Net income received from all other sources omitting in crease if any in value of securities Deposit premiums less 5 per cent received from perpetual fire risks 225 15 American branches of foreign companies will please report amount of remittances from home office during the year 167309 06 1886785 63 61376 01 7142 07 Aggregate amount of income actually received during the year in cash 1955303 71 VEXPENDITURES DURING THE YEAR On Fire Risks 1 Gross amount actually paid for losses includ ing 21553937 losses occurring in previous years 1459580 05 2 Deduct all amounts actually received for sal vages whether on losses of the last or of previous year 1370224 and all amounts actually received for reinsurances in other companies 11660476 total deductions 130307 00 COMPTROLLERGENERALS REPORT PI 342767 38 178045 91 64515 34 153647 93 3 Net amount paid during the year for losses carried out hllH 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 Rents office expenses traveling maps printing advertising and board of assessments total Amount of deposit premiums returned 279 40 10 American branches of foreign companies will please report amount sent to home offices during the year Aggregate amount of actual expenditures during the b 2068249 61 year in cash uuo Business in the Slate of Georgia During the Year Fire Risks Fire marine and inland risks written 3379827 00 73616 94 42542 66 27919 94 19456 73 Premiums received gross Losses paid Losses incurred BUSINESS IN GEOKGIA FOR YEAR ENDING APRIL 30 1901 Risks Premiums Losses Tax 42916 68 34119 82 429 lft THE LION FIRE INSURANCE COMPANY OF LONDON ENG James H Brewster Manager Principal office 197 Asylum Street Hartford Conn T H Williams Jr Atlanta Attorney for Service in Georgia ICAPITAL 1 Whole amount of capital stock4125000 00 2 5 6 Amount paid up in cash 560069 00 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 5351 40 interest accrued thereon Value of lands mortgaged exclusive of buildings and perishable improvements 172560 00 Value of buildings mortgaged insured for 25950000 as collateral 331900 00 Total value of said mortgaged prem ises carried inside 504460 00 4500 00 232577 50 5351 4092 COMPTROLLERGENERALS REPORT 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 145 94 13 Cash belonging to the company deposited in bank National Exchange Bank Hartford Conn total 71538 17 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 valueT IIILIABILITIES 1 Adjusted but not yet due 20 425 96 2 Gross losses in process of adjustment or in sus pense including all reported and supposed losses 30602 10 3 Losses resisted including interest costs and other expenses thereon 2 100 00 4 Total gross amount of claims for losses 53128 06 5 Deduct reinsurance thereon 3685 79 6 Net amount of unpaid losses 49 442 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 429522 30 Unearned premiums fifty per cent 214761 15 8 Gross premiums without any deduction re ceived and receivable upon all unexpired fire risks running more than one year from date of policy 42581165 unearned premiums prorata 219051 32 11 Total unearned premiums as computed above 19 All other demands against the compaany absolute and contingent due and to become due admitted and con tested viz return premiums 6825 63 reinsurance 807335 commissions 1322862 Total 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 collection at close of last previous year as shown by that years statement gl 828 85 3 Net collected 61 gno g 481190 00 71684 11 7010 83 82726 86 885040 70 49442 27 433812 47 28127 60 511382 34 373658 36 885040 70COMPTROLLERGENERALS REPORT 93 4 Gross premiums on risks written and renewed during the year 825816 01 5 Total 887644 86 6 Deduct premiums and bills in course of ollec tion at this date 54965 48 7 Entire premiums collected during the year 832679 38 8 Deduct reinsurance and return premiums 260925 30 9 Net cash actually received for premiums car ried out 565754 08 565754 08 10 Received for interest on bonds and mortgages 11609 13 11 Received for interests and dividends on stocks and bonds collateral loans and from all other sources 15172 19 12 Income received from all other sources omitting increase if any in value of securities viz Rents 7816 total 78 1 15 Aggregate amount of income actually received during the year in cash 592613 50 VEXPENDITURES DURING THE YEAB On Tire Risks 1 Gross amount actually paid for losses includ ing 4056530 losses occurring in previous years 447823 73 2 Deduct all amounts actually received for sal vages whether on losses of the last or of previous year 1294923 and all amounts actually received for reinsurances in other companies 8542827 total deductions 88377 50 3 Net amount paid during the year for losses 359446 23 359446 23 6 Paid for commissions or brokerage 122440 76 7 Paid for salaries fees and other charges of officers clerks agents and all other employees 32169 43 8 Paid for State national and local taxes in this and other States 23320 9 All other payments and expenditures viz General and agency expenses total 33584 83 10 American branches of foreign companies will please report amount sent to home offices during the year 3040655 Aggregate amount of actual expenditures during the year in cash 570962 02 Business in the State of Georgia During the Year Fire Riks Fire marine and inland risks written3 08357i 00 Premiums received gross s9 2 Losses paid 7969 80 Losses incurred 5090 4194 COMPTROLLERGENERALS REPORT BUSINESS IN GEORGIA FOE YEAR ENDING APRIL 30 1901 Risks 610234 00 Premiums g952 05 Losses 5022 50 Tax 89 52 THE LIVERPOOL AND LONDON AND GLOBE FIRE INSURANCE COMPANY OF NEW YORK Henry W Eaton President George W Hoyt Secretary Principal office New York City B II Abrams Atlanta Attorney for Service in Georgia IIassets United States consols 4 per cent 1907 35000 00 40775 00 New York City 3 per cent bonds 1922 19500000 21157500 9 Total par and market value of stocks and bonds owned absolutely by the company carried out at market value 252350 00 252350 00 13 Cash belonging to the company deposited in bank viz Continental Bank 680484 United States Trust Co 50000 00 total 56804 84 Total cash items 5g q g 14 Amount of premium notes upon which policies have been issued 46226 00 Total assets of the company actual cash market value 355380 84 IIILIABILITIES 2 Gross losses in process of adjustment or in suspense including all reported and sup posed losses 17420 00 4 Total gross amount of claims for losses 17420 00 5 Deduct reinsurance thereon 5715 00 6 Net amount of unpaid losses 11705 00 7 Gross premiums without any deduction received and receivable upon all unex pired fire risks running one year or less from date of policy 70510 24 Unearned premiums fifty per cent 35255 12 8 Gross premiums without any deduction received and receivable upon all unex pired Are risks running more than one year from date of policy 37382 81 Unearned premiums pro rata 21073 02 11 Total unearned premiums as computed above carried out 56328 14COMPTROLLERGENERALS REPORT 95 19 All other demands against the company absolute and con tingent due and to become due admitted and contested viz Commissions due 340365 return premiums 150000 reinsurance 350000 contingent liabili ties 400000 12403 65 20 Total amount of all liabilities except capital stock scrip and net surplus 80436 79 21 Joint stock capital actually paid up in cash 200000 00 23 Surplus beyond capital and all other liabilities 74944 05 24 Aggregate amount of all liabilities including capital paid up and net surplus 355380 84 IVINCOME DURING THE YEAH 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 15188 20 3 Net collected 15188 20 4 Gross premiums on risks written and renewed during the year 170218 22 5 Total185406 42 j Deduct premiums and bills in course of collec tion at this date 46389 41 7 Entire premiums collected during the year 139017 01 8 Deduct reinsurance and return premiums 160061075603 9 Net cash actually received for premiums carried out 63413 02 11 Received for interests and dividends on stocks and bonds collateral loans and from all other sources 9225 47 15 Aggregate amount of income actually received during the year in cash 7263S 49 VEXIENDITIRES DLEINi THE YEAR On Fire Risks 1 Gross amount actually paid for losses includ ing losses occurring in previous years 41531 82 2 Deduct all amounts actually received for sal vages whether on losses of the last or of pre vious year and all amounts actually re ceived for reinsurances in other companies 1059047 total deductions 10590 47 3 Net amount paid during the year for losses 30991 35 6 Paid for commissions or brokerage 13160 29 7 Paid for salaries fees and other charges of officers clerks agents and all other employees l99i 5096 COMPTROLLERGENERALS REPORT 8 Paid for State national and local taxes in this and other Sttes 4319 91 Total 4513 34 Aggregate amount of actual expenditures during the year in cash 54982 39 Business in the State of Georgia During the Year t Fire Risks lire marine and inland risks written 411647 00 Premiums received gross 6 149 26 Losses paid 233 Losses incurred 2gg7 BUSINESS IN GEORGIA FOR YEAR ENDING APRIL 30 1901 kS 585i900 jo fremiUmS 9472 30 Losses Tax l686 7 94 27 LIVERPOOL AND LONDON AND GLOBE FIRE INSURANCE COMPANY OF LIVERPOOL Henry W Eaton Res Mangr George W Hoyt Deputy Mangr Principal office in the United States 45 William St New York City B H Abrams Atlanta Attorney for Service in Georgia IIASSETS 1 Market value of real estate owned by the company less the amount of incumbrances thereon 1 911 043 00 2 Loans on bond and mortgage duly recorded and being first liens on the fee simple 31 3 interest due on all said bond and mortgage loans 2658 75 interest accrued thereon 3577525 total 38 434 00 9 Total par and market value of stocks and bonds owned absolutely by the company carried out at market value 2 745 170 00 12 Cash in companys principal office 2 444 36 13 Cash belonging to the company deposited in bank Continental Bank New York City 17472568 New York Life Insurance Trust Company New York City 27000000 United States Trust Company New York City 27000000 First National Bank Chi cago 7598862 London San Francisco Bank San Francisco Cal 4823555 Canal Bank New Orleans La 188716 Ger mania National Bank New Orleans La 561554 Seaboard National Bank New York 8558858 total 881541 13 Total cah items7 mm 49COMPTROLLERGENERALS REPORT 97 17 Premiums in hands of agents and in course of transmission 1021193 47 All other assets both real and personal viz Rents due and accrued 1000000 due from other companies for reinsurance on losses already paid and all other assets 52156 total 10521 56 Total assets of the company actual cash market value 9804902 52 IIILIABILITIES 1 Losses due and unpaid 647 24 2 Gross losses in process of adjustment or in sus pense including all reported and supposed losses 521862 25 3 Losses resisted including interst costs and other expenses thereon 83900 00 4 Total gross amount of claims for looses 606409 49 5 Deduct reinsurance thereon 95335 40 6 Net amount of unpaid losses 511074 09 7 Gross premiums without any deduction re ceived and receivable upon all unexpired fire risks running one year or less from date of policy3694313 32 Unearned premiums fifty percent 1847156 66 8 Gross premiums without any deduction re ceived and receivable upon all unexpired fire risks running more than one year from date of policy 371206326 unearned pre miums pro rata 1924253 30 11 Total unearned premiums as computed above carried out 3771409 96 Perpetual policy liability 317486 15 12 Net premiums reserve and all other liabilities except capital under the life insurance 84599 09 19 All other demands against the company absolute and con tingent due and to become due admitted and contested viz Return premiums 5500000 commission on un paid policies 15933753 reinsurance 17781233 due for contingent commissions 2000000 412179 86 Total 5096749 15 23 Surplus beyond capital and all other liabilities 4708153 37 24 Aggre ate amount of all liabilities including capital paid up and net surplus 9804902 52 IVINCOME DURING THE YEAB On Fire Risks 1 G ross premiums and bills in course of collec tion at close of last previous year as shown by that years statement 866690 21 7 cg98 COMPTROLLERGENERALS REPORT 2 Deduct amount of same not collected 3 829 05 3 Net collectedelJoTTe 4 Gross premiums on risks written and re newed during the jear6874759 19 5 Total 7737620 35 b Deduct premiums and bills in course of col lection at this date1042339 65 7 Entire premiums collected during the year 8695280 70 8 Deduct remsurance and return premiums 1 693292 19 9 Net cash actually received for premiums carried out 10 Received for interest on bonds aud mortgages wS 2 11 Received for interests and dividends on stocks and bonds collateral loans and from all other sources 96 403 in 12 Income received from all other sources omitting increase if any m value of securities viz Rents 9559578 95 595 78 14 American branches of foreign companies will please report amount of remittances from home office during the year 109015 91 15 Aggregate amount of income actually received durinthe year in cash o332033 79 VEXPENDITUaES DURING THE YEAR On Fire Risks 1 Gross amount actually paid for lossesinclud ing 152627801 losses occurring in previ ous years3988865 43 Deduct all amounts actually received for sal vages whether on losses of thepast or of pre vious year 4278328 and all amounts actually received for reinsurances in other companies 61506910 total deductions 657852 38 3 Net amount paid during the year foriosses 3 331 013 0r 6 Paid for commissions or brokerage 854883 4 7 Paid for salaries fees and other charges of officers clerks agents and all other employes 3S5 380 71 8 Paid for State national aud local taxes in this and other States Total 19282 82 SS SS7 fi 10 American branches of foreign companies will please report amount sent to home affices during the year 275i400 3 Aggregate amount of actual expenditures during the year in cash r a 0029447 61 COMPTROLLERGENERALS REPORT 99 Business in the State of Georgia During the Year 1900 Fire Risks Fire marine and inland risks written 977333o 00 Premiums received gross 125277 72 Lossespaid 96848 72 Losses incurred 73870 21 BUSINESS IN GEORGIA FOR YEAR ENDING APRIL 301901 Risks 8064752 00 Premiums 134528 42 Losses 9963821 Tlx 1345 28 LONDON ASSURANCE CORPORATION LONDON ENGLAND Henry J B Kendall Governor Ciias L Case Manager in U S XT S Principal Office 44 Pine street New York City Attorney for Service in Georgia W F Manry icapital 1 Capital authorized 896550 00 2 Capital paid up 44825 0 IIASSETS 12 Cash in companys principal office 1479 04 13 Cash belonging to the company deposited in bank Bank of New York N B A 20943568 Merchants Bank Chicago 350825 Bank of Br Columbia 170697 Atlantic Trust Co 1865397 Mechanics National Bank 25000 total 233419 87 Total cash items 234898 91 15 Interest due and accrued on stocks not included in mar ket value uncollected 5889 59 17 Cash in hands of agants and in course of tran3mis3ion pre miums in course of collection 201267 2 18 Bills receivable not matured taken for fire marine and in land risks 132 78 All other assets both real and personal Reinsurance on losses already paid 1451481 14514 8l Total assets of the company actual cash market valueS 2447677 08 IIILIABILITIES 1 Losses due and unpaid 104867 00 2 Gross losses in process of adjustment or in sus pense including all reported and supposed Lses 51306 00100 COMPTROLLERGENERALS REPORT 3 Losses resisted including interest costs and other expenses thereon 17700 00 4 Total gross amount of claims for losses 173873 00 5 Deduct reinsurance thereon 11066 00 6 Net amount of unpaid losses 162807 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 610792 69 Unearned premiums fifty per cent 305396 H5 8 Gross premiums without any deduction re ceived and receivable upon all unexpired fire risks running mere than one year from date of policy 88080113 unearned premiums prorata 436525 85 10 Gross premiums without any deduction re ceived and receivable on all unexpired ma rine risks 35358 13 11 Total unearned premiums as computed above carried out 777280 33 19 All other demands against the company absolute and con tingent due and to become due admitted and contested viz Amount reclaimable by the insured on perpetual fire insurance policies 95 per cent of the premiums 174 80 Taxes and assessments 1050000 commissions due agencies 3258541 reinsurance 5531979 98405 20 Total 1038067 33 23 Surplus beyond capital and all other liabilities 1409009 73 24 Aggregate amount of all liabilities including capital paid up and net surplus 2447077 06 IVINCOME DURING THE YEAH On Marine and On Fire Risks Inland Risks 1 Gross premiums and bills in course of collection at close of last previous year as shown by that years statement 132430 47 6503117 3 Net collected 132430 47 65031 17 4 Gross premiums on risks written and renewed during the year 1058347 00 640522 34 5 Total 1190777 47 705553 51 6 Deduct premiums and bills in course of collection at this date 135570 76 65629 24 7 Entire premiums collected during the year 1055206 71 639724 27COMPTROLLERGENERALS REPORT 101 Deduct reinsurance and return premiums 200575 76 291218 73 9 Net cash actually received for pre miums carried out 854630 95 348505 54 1203136 49 11 Received for interests and dividends on stocks and bonds collateral loans and from all other sources 72516 26 12 Income received from all other sources omitting increase if any in value of securities totali 2485 29 American branches of foreign companies will please report amount of remittances from home office during the year 31936 82 Aggregate amount of income actually received during the year in cash 1278498 04 14 15 VEXPENDITURES DURING THE YEAR On Fire Risks On Marine and Inland Rifks 1 Gross amount actually paid for losses including 14333395 losses occurring in previous years 2 Deduct all amounts actually re ceived for salvages whether on losses of the last or of previous year 1786225 and all amounts actually received for reinsurance in other compa nies 25159764 total deduc tions 589840 21 389223 58 73987 56 195472 33 3 Net amount paid during the year for losses 515852 65 19375125 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 adver tising and stationery total 10 American branches of foreign companies will please report amount sent to home offices during the year 145158 17 Aggregate amount of actual expenditures during the year in cash Business in the Stale of Georgia During the Year Fire Risks Fire marine and inland risks written 595475 00 Premiums received gross 8770 45 Losses paid 10149 34 Losses incurred 2691 34 Marine and Inland Risks 896200 00 6399 94 3054 99 3054 99 709603 90 201726 17 88627 83 44579 32 62301 68 1106838 90 Aggregate 1491675 00 15170 39 13204 33 5746 33102 COMPTROLLERGENERALS REPORT BUSINESS IN GEORGIA FOR YEAR ENDING APRIL 30 1901 Risks Premiums Losses Tax 986348 00 9580 70 7131 49 95 81 THE LONDON AND LANCASHIRE FIRE INSURANCE COMPANY OF LIVERPOOL ENG Archibald G McIlwaine Jr Manager Principal office in United States 5759 William St New York City Attorney for Service in Georgia Frederick W Cole Atlanta Ga IIASSETS 1 Market value of real estate owned by the company 300000 00 9 Total par and market value of stocks and bonds owned ab solutely by the company carried out at market value 1704654 25 12 Cash in companys principal office 34950 93 13 Cash belonging to the company deposited in bank 68859 67 Cash in hands of United States trustees 175000 00 Total 278810 60 Total cash items 278810 60 15 Interest due and accrued on stocks not included in market value uncollected 20630 00 17 Cash in hands of agents and in course of transmission 317306 19 18 Bills receivable not matured taken for fire marine and inland risks 4 ggi 97 All other assets both real and personal viz Rents due and accrued 209409 due from other companies for rein surance on losses already pud 971 66 3065 75 Balance due from other companies 12716 99 Total assets of the company actual cash market value 2642045 75 Deduct for balances due from companies not admitted 999 66 2641046 09 IIILrABILITIKS 1 Losses due and unpaid 48524 13 2 Gross losses in process of adjustment or in suspense including all reported and sup posed losses 90828 55 3 Losses resisted including interest costs and other expenses thereon 19009 46 4 Total gross amount of claims for losses 158362 14 5 Deduct reinsurance thereon 20 727 85 6 Net amount of unpaid losses 137 634 29lllllilll COMPTROLLERGENERALS REPORT 103 7 Gross premiums without any deduction re ceived and receivable upon all unexpired fire risks running one year or less from date of policy1236488 33 Unearned premiums fifty per cent 618244 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 175144196 unearned pre miums pro rata 848590 37 11 Total unearned premiums as computed above carried out 1466834 54 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 5912347 return premiums 181098 reinsurance 3473302 95667 47 Total 1700136 30 23 Surplus beyond capital and all other liabilities 940909 79 24 Aggregate amount of all liabilities including capital paid up and net surplus 2641046 09 IVINCOME DURING YEAR On Fire Risks 1 Gross premiums and bills in course of collection at close of last previous year as shown by that years statement 314407 58 2 Deduct amount of same not collected 186 36 3 Net collected 314221 22 4 Gross premiums on risks written and renewed during the year2445221 19 5 Total2759442 41 6 Deduct premiums and bills in course of collec tion at this date 324969 50 7 Entire premiums collected during the year 2434472 91 8 Deduct reinsurance and return premiums 823273 25 9 Net cash actually received for premiums car ried out 1611199 66 1611199 66 11 Received for interests and dividends on stocks and bonds collateral loans and from all other sources 71242 56 12 Income received from all other sources omitting increase if any in value of securities viz Rents 3437 08 15 Aggregate amount of income actually received during the year in cash 1685879 03 VEXPENDITURES DURING THE YEAR On Fire Risks 1 Gross amount actually paid for losses includ ing 17989413 losses occurring in previous years1188921 34104 COMPTROLLERGENERALS REPORT 2 Deduct all amounts actually received for sal vages whether on losses of the last or of previous year 1877159 and all amounts actually received for reinsurances in other companies 24849974 total deductions 26727133 3 Net amount paid during the year for losses 921650 01 921650 01 6 Paid for commissions or brokerage 298187 34 7 Paid for salaries fees and other charges of officers clerks agents and all other employes 145006 09 8 Paid for State national and local taxes in this and other states 52841 76 9 All other payments and expenditures viz Rents 20 08842 advertising printing and stationery 1530315 legal expenses 60295 furniture and fixtures 146704 internal revenue 1005844 miscellaneous 8823341 total 135753 41 Aggregate amount of actual expenditures during the year in cash 1553438 61 Business in the Slate of Georgia During the Year Fire Risks Fire marine and inland risks written 3253166 00 Premiums received gross 32 391 07 Losses paid 21 459 97 Losses incurred 10 985 97 BUSINESS IN GEORGIA FOR THE YEAR ENDING APRIL 30 1901 Risks 2511831 00 Premiums mm 70 Loses 20276 36 Tax 368 27 MAGDEBURG FIRE INSURANCE COMPANY OF MAGDEBURG P E Rasor U S Manager Ad Dohmeyer Asst U S Manager Principal Office 71 William Street New York W D Deane Attorney for Service in Georgia IIASSETS 9 Total par and market value of stocks and bonds owned absolutely by the company carried out at market value 790812 50 12 Cash in companys principal office 70887 cash deposited in bank 15757 866 44 13 Cash belonging to the company deposited in National Bank of Commerce in New York cash in hands of trustees Central Trust Company of New York 43192 12 Total 44058 56 Total cash items 44i05s 56COMPTROLLERGENERALS REPORT 105 15 Interest due and accrued on stocks not included in market value uncollected 7612 50 7 Cash in hands of agents and in course of transmission 113956 74 Total assets of the company actual cash market value 956440 30 IIILIABILITIES 2 Gross losses in process of adjustment or in suspense including all reported and sup posed losses 81479 85 4 Total gross amount of claims for losses 81479 85 5 Deduct reinsurance thereon 9955 00 6 Net amount of unpaid losses 71524 85 7 Gross premiums without any deduction re ceived and receivable upon all unexpired fire risks running one year or less from date of policy 63253035 unearned pre miums fifty per cent as per schedule 316265 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 34727141 unearned pre miums pro rata 200778 81 11 Total unearned premiums as computed above Icarried out 57043 99 19 All other demands against the company abso lute and contingent due and to become due admitted and contested viz Com missions brokerage and other charges due and to become due to agents and brokers on premiums paid and in course of collec tion 27532 28 20 Total amount of all liabilities except capital stock scrip and net surplus 616101 12 23 Surplus beyond capital and all other liabil ities 340339 18 24 Aggregate amount of all liabilities includ ing capital paid up and net surplus 956440 30 IVINCOME DURING THE YEAR On Fire Risks 1 Gross premiums and bills incourseof collec tion at close of last previous year as shown by last years statement 128241 95 2 Deduct amount of same not collected 219 06 3 Net collected 128022 89 4 Gross premiums on risks written and renewed during the year1091313 52 5 Total 1219336 41 106 COMPTROLLERGENERALS REPORT 6 Deduct premiums and bills in course of col lection at this date 116700 59 7 Entire premiums collected during the year 1102635 82 8 Deduct reinsurance and return premiums 320987 33 9 Net cash actually received for premiums carried out 781648 49 11 Received for interests and dividends on stocks and bonds collateral loans and from all other sources 26707 22 14 American branches of foreign companies will please report amount of remittances from home office during the year 77418 75 70296 94 29196 69 15 Aggregate amount of income actually received during the year in cash 885774 46 VEXPENDITURES DURING THE YEAR On Fire Risks 1 Gross amount actually paid for losses includ ing 102799 losses occurring in previous years 608440 60 2 Deduct all amounts actually received for sal vages whether on losses of the last or of previous year 217393 and all amounts actually received for reinsurances in other companies 5079027 total deductions 52964 20 3 Net amount paid during the year for losses 555476 40 555476 40 6 Paid for commissions or brokerage 165410 80 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 Rents 1054638 advertising stationery and printing post age expressage office expenses etc total 76325 25 10 American branches of foreign companies will please re port amount sent to home offices during the year 596 13 Aggregate amount of actual expenditures during the year in cash 897302 21 Business in the State of Georgia Daring the Year Fire Risks Fire marine and inland risks written 1530667 00 Premiums received gross 12117 35 Losses paid 26070 80 Losses incurred 3 425 go BUSINESS IN GEORGIA FOR YEAR ENDING APRIL 30 1901 Risks 750050 00 Premiums 12746 41 Losses 15J83 12 Tax 127 46COMPTROLLERGENERALS REPORT 107 MANCHESTER FIRE ASSURANCE COMPANY OF MANCHESTER ENGLAND Geoege S A Young U S Manager Principal Office 42 Cedar Street New York City N Y Attorney for service in Georgia Cliff 0 Hatcher 1 2 12 13 ICAPITAL Whole amount of capital stock 10000000 00 10000000 00 Amount paid up in cash 1000000 00 IIASSETS Market value of real estate owned by the Company less the amount of incumbrances thereon 3312 14 Total par and market value of stocks and bonds owned absolutely by the Company carried out at market value 1400880 00 Cash in Companys principal office 21944 54 Cash belonging to the Company deposited in Bank Bank of America N Y 12081588 Merchants National Bank Chicago 2 67790 Bank of British North America San Francisco 1166388 total 135157 66 Total cash items 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 Reinsurance on losses already paid Gross premiums in course of collection not over three months due Total assets of the Company actual cash market value Amount of premiums over three months due 928 33 3 4 5 6 7 8 157102 20 5054 17 153 93 4293 85 270302 56 1841098 85 IIILIABILITIES Losses due and unpaid 88244 85 Gross losses in process of adjustment or in sus pense including all reported and supposed losses 98532 09 Losses resisted including interest costs and other expenses thereon 15203 20 Total gross amount of claims for losses 201980 14 Deduct reinsurance thereon 27409 46 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 policy1078335 6ti Unearned premiums fifty per cent 539167 83 Gross premiums without any deduction re 174570 68108 COMPTROLLERGENERALS REPORT ceived and receivable upon all unexpired fire risks running more than one year from date of policy 89980 51 unearned pre miums pro rata 406080 42 11 Total unearned premiums as computed above carried out 1035248 25 19 All other demands against the Company absolute and contingent due and to become due admitted and con tested viz Commissions brokerages etc 4698374 return premiums 22658 reinsurance 13237615 79586 47 Total 1289405 40 23 Surplus beyond capital and all other liabilities 551693 45 24 Aggregate amount of all liabilities including capital paid up and net surplus 1841098 85 IVINCOME DURING THE YEAR On Tire Risks 1 Gross premiums and bills in course of collec tion at close of last previous year as shown by that years statement 295792 78 2 Deduct amount of same not collected 1605 49 3 Net collected 294187 29 4 Gross premiums on risks written and renewed during the year2015063 14 5 Total2309250 43 6 Deduct premiums and bills in course of col lection at this date 21230 89 7 Entire premiums collected during the year 2038019 54 8 Deduct reinsurance and return premiums 650769 48 9 Net cash actually received for premiums carried out1387250 06 1387250 06 11 Received for interests and dividends on stocks and bonds collateral loans and from all other sources 52496 72 14 American branches of foreign companies will please report amount of remittances from home office during the year 156757 00 15 Aggregate amount of income actually received during the year in cash 1439746 78 VEXPENDITURES DURING THE YEAR On Fire Risks 1 Gross amount actually paid for losses in cluding 12568547 losses occurring in pre vious years1058123 21 2 Deduct all amounts actually received for sal vages whether on losses of the last or ofCOMPTROLLERGENERALS REPORT 109 previous year 1270926 all amounts ac tually received for reinsurances in other companies 116936278 total deductions 182072 04 3 Net amount paid during the year for losses 876051 17 87605117 6 Paid for commissions or brokerage 283502 36 7 Paid for salaries fees and other charges of officers clerks agenis and all other employes 86602 08 8 Paid for State national and local taxes in this and other States 60701 73 9 All other payments and expenditures viz Rents 10 21503 stationery 925175 postage 1291326 ad vertising 316027 local boards 1793649 traveling 2141256 maps 301626 legal expenses 84147 sundries 965100 total 88398 09 10 American branches of Foreign Companies will please report amount sent to home offices during the year 146903 53 Aggregate amount of actual expenditures during the year in cash 1395255 43 Business in the State of Georgia During the Year On Fire Risks Fire marine and inland risks written2315266 00 Premiums received gross 34802 91 Losses paid 31050 84 Losses incurred 21027 60 BUSINESS IN GEORGIA FOR YEAR ENDING APRIL 30 1901 Risks f 2248848 00 Premiums 34591 37 Losses 23923 36 Tax 345 91 THE MANHATTAN FIRE INSURANCE COMPANY OF NEW YORK Daniel Myers President James W Dtjrbrow Secretary Principal office 47 Cedar Street New York Sumpter Cogswell Atlanta Ga Attorney for Service in Georgia TCAPITAL 1 Whole amount of capital stock 500000 00 500000 00 2 Amount paid up in cash 500000 00 IIASSETS Totfll Totnl Par Value Marktt Value District of Columbia 365 refunding bonds 1924125000 00 156250 00 United States registered 4 bonds 1925 25000 00 34687 50 United States registered 2 bonds 1930 275000 00 294250 00 i56875 32 2007 71 210830 31 21213 09 100 00 830423 93 HO COMPTROLLERGENERALS REPORT Virginia registered century bonds 10000 00 10000 00 Georgia State bonds 10000 00 11150 00 Central Railway and Bridge bonds 27000 00 27000 00 9 Total par and market value of stocks and bonds owned absolutely by the company carried out at market value 533337 50 12 Cash in companys principal office 3503 49 13 Cash belonging to the company deposited in bank Hanover National Bank N Y 2330667 Bank of Mansfield Mansfield Ohio 3006516 total 53371 83 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 18 Bills receivable not matured taken for fire marine and inland risks All other assets both real and personal viz Due from other companies for reinsurance on losses already paid Deposit with Guarantee Trust and Safe Deposit Co Philadelphia Pa Total assets of the company actual cash market value IIILIABILITIES 1 Losses due and unpaid 1018 28 2 Gross losses in process of adjustment or in suspense including all reported and sup posed losses 47790 19 3 Losses resisted including interest costs and other expenses thereon 7000 00 4 Total gross amount of claims for losses 55808 47 5 Deduct reinsurance thereon 5139 66 6 Net amount of unpaid losses 50668 81 7 Gross premiums without any deduction re ceived and receivable upon all unexpired fire risks running one year or less from date of policy 250944 00 Unearned premiums fifty per cent 125472 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 18 Amount of borrowed money 19 All other demands against the company absolute and contingent due and to become due admitted and con tested viz Outstanding interest bearing receipts 1 00920 reinsurance 8905375 Total 292410 38 21 Joint stock capital actually paid up in cash 500000 00 23 Surplus beyond capital and all other liabilities 38013 55 24 Aggregate amount of all liabilities including capital paid up and net surplus 830423 93 125472 00 1206 62 25000 00 90062 95COMPTROLLERGENERALS REPORT Ill IVINCOME DURING THE YEAR On Marine and On Fire Risks Inland Risks 1 Gross premiums and bills in course of collection at close of last previous year as shown by that years statement 158710 06 2 Deduct amount of same not col lected 2715 35 3 Net collected 155994 71 4 Gross premiums on risks written and renewed during the year 1054600 57 78051 68 5 Total1210595 28 78051 68 6 Deduct premiums and bills in course of collection at this date 247226 75 7 Entire premiums collected during the year 963368 53 78051 68 8 Deduct reinsurance and return premiums 438963 08 20117 42 9 Net cash actually received for premiums carried out 524405 45 57934 26 582339 71 11 Received for interests and dividends on stocks and bonds collateral loans and from all other sources 1311140 12 Income received from all other sources omitting increase if any in value of securities viz Cash received on claim against Mutual Fire Insurance Company 40 000 00 proceeds from redemption of outstanding in terestbearing receipts 128145 profits on sale of ledger assets 276347 total 43 044 92 15 Aggregate amount of income actually received during the year in cash 638496 03 VEXPENDITURES DURING THE YEAR On Marine and On Fire Riks Inland Risks 1 Gross amount actually paid for losses including 3593910 losses occurring in previous years 566800 88 12431 39 2 Deduct all amounts actually re ceived for salvages whether on losses of the last or of pre vious year 501556 and all amounts actually received for reinsurances in other com panies 3680412 total deduc tions 41819 68 3 Net amount paid duriDg the year for losses 524981 20 12431 39 537412 59112 COMPTROLLERGENERALS REPORT 4 Cash dividends actually paid stockholders amount of stocknolders dividends declared during the year 40500 00 6 Paid for commissions or brokerage 133760 31 7 Paid for salaries fees and other charges of officers clerks agents and all other employes 44677 46 8 Paid for State national and local taxes in this and other States 16683 93 9 All other payments and expenditures viz Rent adver tising printing and stationery legal expenses furni ture and fixtures committee fees adjusting expenses special agents expenses maps postage revenue etc total 57412 13 Aggregate amount of actual expenditures during the year in cash 830446 42 Business in the Stale of Georgia during the Year Fire marine and inland risks written 1438118 00 Premiums received gross 29229 94 Losses paid 5671 07 Losses incurred 8608 81 MERCANTILE MUTUAL EIRE INSURANCE COMPANY OF PROVIDENCE R T Henry T Grant Ir President Alfred U Eddy Secretary Principal Office 10 Weybosset Street Providence W A Wright Atlanta Attorney for Service in Georgia IIASSETS 9 Total par and market value of stocks and bonds owned absolutely by the Company carried out at market value 104090 00 11 Total par and market value amount of stocks bonds and all other securities except mortgages hypothecated to the Company as collateral security and amount loaned thereon 5500 00 12 Cash in Companys principal office 39 80 13 Cash belonging to the Company deposited in bank American Nat Bank 25COO0O In dustrial Trust Co 4869895 total 73738 73 73738 73 15 Interest due and accrued on stocks not included in market value uncollected 1570 70 17 Cash in course of transmission 8513 36 Endorsed demand note 1000 00 Total cash assets of the Company actual cash market value 194412 81 Contingent premium on policies in force 973886 05 Gross amount of cash assets and contingent premiums 1168298 86COMPTROLLERGENERALS REPORT 113 HILIABILITIES 1 Losses due and unpaid 1 544 93 6 Net amount of unpaid losses 1544 93 7 Gross premiums without any deduction re ceived and receivable upon all unexpired fire risks running one year or less from date of P0 97388 60 11 lotal unearned premiums as computed above 1Q JCaruriedUt 97388 60 19 All other demands against the Company ab solute and contingent due and to become due admitted and contested viz State Taxes 3895 54 Total 20 Total amount of all liabilities except capital stock scrip and net surplus 22 Contingent premium on policies in force 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 0n Fire Risks l Uross premiums and bills in course of collec tion atclose of last previous year as shown by that years statement 4 654 07 3 Net collected 4654 0 4 Gross premiums on risks written and renewed during the year 208228 47 f Total 21288214 t Deduct premiums and bills in course of col lection at this date 8 513 36 7 Entire premiums collected during the year 204369 18 8 Deduct reinsurance and return premiums 1196182 9 Net cash actually received for premiums car ir wrie 192407 36 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 DURIN THE YEAR On Fire Risks 15 1 Gross amount actually paid for losses includ ing 54237 losses occurring in previous years Net amoant paid during the year for losses 4 Cash dividends actually paid policyholders 8cg 34935 41 34935 41 1544 93 97388 60 3895 54 102829 07 102829 07 973886 05 91583 74 1168298 86 192407 36 6549 86 198957 22 34935 41 120087 81H4 COMPTROLLERGENERALS REPORT 7 Paid for salaries fees and other charges of officers clerks agents and all other employes 13709 99 8 Paid for State national and local taxes in this and other States 3386 40 9 All other payments and expenditures viz Inspection and travel 571161 rent 110000 office incidental and miscellaneous 474034 total 11551 9 Aggregate amount of actual expenditures during the year in cash 183671 56 Business in the State of Georgia During the Year Fire Risks Fire marine and inland risks written 1276070 00 Premiums received gross 9676 14 Losses paid 324 52 Losses incurred 324 52 BUSINESS IN GEORGIA FOR YEAR ENDING APRIL 30 1901 Risks 1040050 00 Premiums 9110 92 Losses 413 32 Tax 91 10 NATIONAL FIRE INSURANCE COMPANY OF HARTFORD CONN James Nichols President B R Stillman Secretary Principal Office 95 Pearl J B Kimbell Attorney for Service in Georgia ICAPITAL 1 Whole amount of capital stock1000000 00 1000000 00 2 Amount paid up in cash1000000 00 II ASSETS 1 Market value of real estate owned by the com pany less the amount of incumbrances thereon 331784 94 2 Loans on bond and mortgage duly recorded and being first liens on the fee simple 708815 00 4 Value of lands mortgaged exclusive of build ings and perishable improvements 1054530 00 5 Value of buildings mortgaged insured for 684830 as collateral 1038600 00 6 Total value of said mortgaged premises car ried inside2093130 00 9 Total par and market value of stocks and bonds owned absolutely by the company carried out at market value 3175981 00 MMMMMBHmMm WNNWJWNNKVNCOMPTROLLERGENERALS REPORT 115 III LIABILITIES 1 Losses due and unpaid 84755 86 2 Gross losses in process of adjustment or in suspense including all reported and sup posed losses 139996 22 3 Losses resisted including interest costs and other expenses thereon 22737 79 4 Total gross amount of claims for losses 247489 87 6 Net amount of unpaid losses 247489 87 7 Gross premiums without any deduction re ceived and receivable upon all unexpired Are risks running one year or less from date of policy1893464 23 Unearned premiums fifty per cent 946732 12 8 Gross premiums without any deduction re ceived and receivable upon all unexpired fire risks running more than one year from date of policy 211958199 unearned premiums pro rata1098687 64 11 Total unearned premiums as computed above car ried out 2045419 76 19 All other demands against the company absolute and contingent due and to become due admitted and con tested viz Reserved fund for contingencies 2500 00 Total 2317909 63 21 Joint stock capital actually paid up in cash 1000000 00 23 Surplus beyond capital and all other liabilities 1533879 71 24 Aggregate amount of all liabilities including capital paid up and net surplus 4851789 34 IVINCOME DURING THE YEAR On Fire Risks 1 Gross premiums and bills in course of collec lection at close of last previous year as shown by that years statement 438477 18 3 Net collected 438477 18 4 Gross premiums on risks written and renewed during the year3691385 98 5 Total4129863 16 6 Deduct premiums and bills in course of col lection at this date 488971 36 7 Entire premiums collected during the year 3640891 80 8 Deduct reinsurance and return premiums 90504 68 9 Net cash actually received for premiums car ried out2735587 12 2735587 12 10 Received for interest on bonds and mortgages 4196104116 COMPTROLLERGENERALS REPORT 11 Received lor interests and dividends on stocks and bonds collateral loans and from all other sources 149122 S8 12 Income received from all other sources omitting increase if any in value of securities viz Rents 3026 01 Profit on sale of securities196500 real estate 81675 total2781 75 15 Aggregate amount of income actually received during the year in cash 2932478 80 VEXPENDITURES DURING THE YEAR On Fire Risks 1 Gross amount actually paid for losses includ ing 18419645 losses occurring in pre vious years1796024 13 2 Deduct all amounts actually received for sal vages whether on losses of the last or of previous year 1279829 and all amounts actually received for reinsurances in other companies 25834091 total deductions 271139 20 3 Net amount paid during the year for losses 1524884 93 1524884 93 4 Cash dividends actually paid stockholders amount of stockholders dividends declared during the year 120000 00 6 Paid for commissions or brokerage 467903 20 7 Paid for salaries fees and other charges of officers clerks a rents and all other employes 183241 96 8 Paid for State national and local taxes in this and other States W541 63 9 All other payments and expenditures viz Miscellane ous expenses 34361380 profit and loss bills receiva ble 1071500 agents 91937 total 355248 17 Aggregate amount of actual expenditures during the year in cash 2745819 89 Business in the State of Georgia During the Year Fire Risks Fire marine and inland risks written2280766 00 Premiums received gross 21276 88 Losses paid 20526 84 Losses incurred 9618 18 BUSINESS IX GEORGIA FOR YEAR ENDING APRIL 30 1901 Risks 3335575 00 Premiums 27098 30 Losses n14T Tax 270 98COMPTROLLERGENERALS REPORT 117 NEW HAMPSHIRE FIRE INSURANCE COMPANY OF MANCHESER NEW HAMPSHIRE U C Crosby President F W Sargeant Secretary Principal Office 876 Elm street Manchester N H Ossian F Simpson Atlanta Attorney for Service in Georgia icapital 1 Whole amount of capital stock1000000 00 1000000 00 2 Amount paid up in cash1000000 00 II assets 1 Market value of real estate owned by the Company less the amount of incumbrances thereon 156417 83 2 Loans on bond and mortgage duly recorded and being first liens on the fee simple 585374 00 3 Interest due on all said bond and mortgage loans 6551 00 9 Total par and market value of stocks and bonds owned absolutely by the Company carried out at market value 2171930 00 11 Total par and market value amount of stocks bonds and all other securities except mortgages hypothecated to the Company as collateral security and amount loaned thereon 52755 00 12 Cash in Companys principal office 601 75 601 75 13 Cash belonging to Company deposited in bank Amoskeag National 21883064 Manchester National 1250000 Mer chants National 1250000 Union Trust Co 454700 total 248377 64 Total cash items 248377 64 15 Interest due and accrued on stocks not included in mar ket value uncollected 1337 45 17 Cash in hands of agents and in course of transmission 191575 46 Total assets of the Company actual cash market value 3414920 13 IIILIABILITIES 1 Losses due and unpaid 66408 04 2 Gross losses in process of adjustment or in suspense including all reported and sup posed losses 97858 00 3 Losses resisted including interest costs and other expenses thereon 16520 00 4 Total gross amount of claims for losses 180786 04 6 Net amount of unpaid losses 180786 04 7 Gross premiums without any deduction re ceived and receivable upon all unexpired fire risks running one year or less from date of policy 896246 12 Unearned premiums fifty per cent 448123 06118 COMPTROLLERGENERALS REPORT 8 Gross premiums without any deduction re ceived and receivable upon all unexpired Are risks running more than one year from date of policy 141064049 unearned pre miums pro rata 729059 72 11 Total unearned premiums as computed above carried out 1177182 78 18 Amount of borrowed money 5802 42 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 to agents 47893 86 Total 1411665 10 21 Joint stosk capital actually paid up in cash 1000000 00 23 Surplus beyond capital and all other liabilities 1003255 03 24 Aggregate amount of all liabilities including cap ital paid up and net surplus 3414920 13 IV INCOME 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 21S934 89 3 Net collected 218934 89 4 Gross premiums on risks written and re newed during the year1741658 38 5 Total1960593 27 6 Deduct premiums and bills in course of col lection at this date 191575 46 7 Entire premiums collected during the year 1769017 81 8 Deduct reinsurance and return premiums 464892 03 9 Net cash actually received for premiums car ried out 1304125 78 1304125 78 10 Received for interest on bonds and mortgages 33727 35 11 Received for interests and dividends on stocks and bonds collateral loans and from all other sources 102233 73 12 Income received from all other sources omitting in crease if any in value of securities viz Rents 1687075 loss and gain account 1302326 total 29894 01 15 Aggregate amount of income actually received dur ing the year in cash 1469980 87 VEXPENDITURES DURING THE YEAR On Fire Risks 1 Gross amount actually paid for losses 1019888 67 2 Deduct all amounts actually received for sal vages whether on losses of the last or of previous year 891244 and all amountsCOMPTROLLERGENERALS REPORT 119 actually received for reinsurances in other companies 18208217 total deductions 190994 61 3 Net amount paid during the year for losses 828894 06 828894 06 4 Cash dividends actually paid stockholders amount of stockholders dividends declared during the year 100000 00 t5 Paid for commissions or brokerage 305609 63 7 Paid for salaries fees and other charges of officers clerks agents and all other employes 65143 78 Paid for State national and local taxes in this and other States 60698 65 9 All other payments and expenditures 110948 35 Aggregate amount of actual expenditures during the year in cash 1471294 47 Business in the Slate of Georgia During the Year Fire marine and inland risks written Premiums received gross Losses paid Losses incurred Fire Risks 495120 00 5882 43 BUSINESS IN GEORGIA FOB YEAR ENDING APRIL 30 1901 Risks 1037757 66 Premiums 10957 96 Losses 186 26 Tax 109 85 NIAGARA FIRE INSURANCE COMPANY OF NEW YORK Harold Herrick President George W Dewey Secretary Principal office 4648 Cedar Street New York City Attorney for service in Georgia Clem R Harris 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 311375 00 3 Interest due on all said bond and mortgage loans inter est accrued thereon 7706 21Total 7706 21 5 Value of buildings mortgaged insured for 119500 as collateral 6 Total value of said mortgaged premises car ried inside 2306500 00 9 Total par and market value of stocks and bonds owned absolutely by the Company carried out at market value 2240200 00120 COMPTROLLERGENERALS REPORT 12 Cash in Companys principal office 654 28 13 Cash belonging to the Company deposited in Bank Manhattan Company 66848 47 67502 75 15 Interest dne and accrued on stocks not included in mar ket value uncollected 2466 67 17 Cash in hands of agents and in course of transmission 270139 43 Total assets of the Company actual cash market value 2899390 06 IIILIABILITIES 1 Losses due and unpaid 89614 96 2 Gross losses in process of adjustment or in suspense including all reported and sup posed losses 120305 69 3 Losses resisted including interest costs and other expenses thereon 13637 50 4 Total gross amount of claims for losses 223558 15 5 Deduct reinsurance thereon 50729 46 6 Net amount of unpaid losses 172 82S 69 7 Gross premiums without any deduction re ceived and receivable upon all unexpired fire risks running one year or less from date of policy 115409668 unearned premiums fifty per cent 577048 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 1147770156 unearned pre miums pro rata 777098 92 11 Total unearned premiums as computed above carriedout 1354147 26 19 All other demands against the Company absolute and contingent due and to become due admitted and con tested viz Commission due agents on premiums in course of collection 42749 34 reinsurance 17829 56 60578 90 Total 1587554 85 21 Joint stock capital actually paid up in cash 500000 00 23 Surplus beyond capital and all other liabilities 811835 21 24 Aggregate amount of all liabilities including capital paid up and net surplus 2899390 06 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 239465 78 3 Net collected 239465 78 4 Gross premiums on risks wrttten and renewed during the year2318518 90 Total2557984 68COMPTROLLERGENERALS REPORT 121 6 Deduct premiums and bills in course of col lection at this date 270139 43 7 Entire premiums collected during the year 2287845 25 8 Deduct reinsurance and return premiums 634023 60 9 Net cash actually received for premiums car ried out 1653821 65 1653821 65 10 Received for interest on bonds and mortgages 21048 88 11 Received for interests and dividends on stocks and bonds collateral loans and from all other sources 80562 36 12 Income received from all other sources omitting increase if any in value of securities viz Discounts 3864 00 15 Aggregate amount of income actually received during the year in cash 1759296 89 VEXPENDITURES DURING THE YEAR On Fire Risks 1 Gross amount actually paid for losses in cluding losses occurring in previous years1 326920 15 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 Compa nies total deductions 301836 00 3 Net amount paid during the year for losses 1025084 15 1025084 15 4 Cash dividends actually paid stock holders amount of stockholders dividends declared during the year 50000 00 6 Paid for commissions or brokerage 314451 55 7 Paid for salaries fees and other charges of officers clerks agents and all other employes 156581 60 8 Paid for State national and local tpxes in this and other States 47668 11 9 All other payments and expenditures viz Traveling stationery postage etc internal revenue 1209838 total 146288 76 Aggregate amount of actual expenditures during the year in cash 1740074 17 Business in the State of Georgia During the Year Fire Risks Fire marine and inland risks written 907808 00 Premiums received gross 14822 38 Losses paid 10545 12 Losses incurred 2265 55 BUSINESS IN GEORGIA FOR YEAR ENDING APRIL 30 1901 Riskst 1168053 00 Premiums 17511 11 Losses 4571 14 Tax 175 11122 COMPTROLLERGENERALS REPORT UNITED STATES BRANCH NORTHERN ASSURANCE COMPANY OF LONDON H E Wilson Gen Man j iZk Y jTrustees in U S Principal offices in the United States No 38 Pine Street New York Gko W Babb Manager No 642 Monadnock Block Chicago G H Lermit Manager No 221 Sansome Street San Francisco Geo F Grant Manager F C Calkins Atlanta Attorney for Service in Georgia iCAPITAL I Whole amount of capital stock authorized and subscribed for15000000 00 I Amount paid up in cash 1500000 00 a Amount of net ledger assets December 31st of previ ous year 2345332 86 IIINCOME DURING THE YEAR On Fire Kiska 1 Gross premiums and bills in course of collection at close of last previous year as shown by that years statement 249078 78 2 Deduct amount of same not collected 3231 40 3 Net collected 245847 38 4 Gross premiums written and renewed during the year 1711992 40 5 Total 1957839 78 6 Deduct gross premiums and bills in course of collection at this date 262719 74 7 Entire premiums collected during the year 1695120 04 8 Deduct reinsurance rebate abatement and return premiums 506041 30 9 Received for premiums other than perpetuals 1189078 74 1189078 74 II Rents from companys property including 7 00000 for companys use of own buildings 7000 00 13 Interest and dividends on stocks and bonds 7945000 from all other sources 47301 79923 01 Total Rents and interest 86923 01 15 Received from head office during the year 27956 71 Total income duriDg the year 1303958 46 Total footings 364929132 IIIDISBURSEMENTS DURING YEAR On Fire Risks 1 Gross amount actually paid for losses including 10610676 occurring in previous years 903651 66COMPTROLLERGENERALS REPORT 123 2 Deduct all amounts actually received for sal vages on losses of the last or of previous years 572769 and all amounts actually re ceived for reinsurance in other companies 22229029 total deductions 228017 98 3 Net amount paid during the year for losses 675633 68 7 Commissions or brokerage to agents less received on re 190242 18 insurances 8 Rents including 700000 for companys use of own build ings less 62500 from subleases I4731 57 9 Salaries fees and all other charges of officers clerks and other employes 87510 60 10 Taxes on premiums 3747260 on real estate 1670 04 39142 64 11 Insurance department fees and agents licenses 751180 municipal licenses 423031 tax on franchise 282113 14563 24 12 Advertising printing and stationery 1207356 legal ex penses 45164 Repairs and expenses on real estate 38325 Furniture and fixtures 118312 miscellaneous 108o07 14 Remitted to head office during the yearlrflrid w Total expenditures during the year 1275034 84 Balance 2374256 48 IVLEDGER ASSETS 1 Book value of real estate unincumbered 115000 00 4 Book value of bonds excluding interest2162868 75 5 Cash in companys offices 872 S1 Deposited in Banks Merchants loan and Trust Company Chicago 24863 23 North ern Trust Company Chicago 60900 Amer ican Exchange Bank SU Louis 146990 National Bank of Commerce New York 76902 85 Bank of British Columbia San Francisco 170698 105551 96 6 Bills receivable 342522 Agents debit bal ances 139768SJW Total 2390116 22 Deduct Ledger Liabilities 7 Agents credit balances 7498 all other 15 78476 total 15859 74 Total net ledger assets 2374256 48 NOULEDGER ASSETS 9 Interest due 100000 and accrued 6216 33 on bonds and stocks 216 33 Total 721633 14 Market value not including interest in item 9 of bonds and stocks over book value 112761 25124 COMPTROLLERGENERALS REPORT 15 Gross premiums in course of collection Decem ber 31 not more than three months due 258112 85 16 Deduct cost of collection commission and brokerage 39469 07 17 Net amount of uncollected premiums not more than three months due 218643 78 Gross assets o 712 877 84 Deduct Assets not Admitted Total admitted assets 2712 877 84 VXON LEDGER LIABILITIES 1 Losses adjusted and unpaid not yet due 46178 08 2 Losses in process of adjustment or in suspense including all reported and supposed losses 86509 56 3 Losses resisted not outlawed including inter est costs and other expenses thereon 21058 50 4 Total amount of claims for losses 156746 14 5 Deduct reinsurance due or accrued 6110 67 6 Net amount of unpaid losses 150 635 47 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 tire risks 102289954 unearned premiums fifty per cent 511449 77 8 Gross premiums less reinsurance received and receivable upon all unexpired fire risks running more than one year from date of policy 98525939 unearned premiums pro ta 510238 32 11 Unearned premiums as computed above 1021683 09 18 Salaries rent expenses taxes bills accounts fees etc due or accrued 500 00 19 Commissions brokerage and other charges due to agents and brokers on premiums paid 24 80 20 Return premiums 1035547 and reinsurance premiums 138235 11737 82 21 All other liabilities viz Miscellaneous 337 75 12600 37 22 Total amount of all liabilities 1 1S4 923 93 25 Divisible surplus iJ527958 91 Total 2712877 84COMPTROLLERGENERALS REPORT 125 Business in the State of Georgia During the Year Fire Risks Aggregate 20 Gross risks written3636376 00 3636376 00 21 Gross premiums received 32 918 91 32918 91 22 Losses paid 28468 00 28468 CO 23 Losses incurred 16777 61 16777 61 BUSINESS IN GEORGIA FOB YEAR ENDING APRIL 30 1901 Risks 4968683 00 Premiums 44399 41 Losses 23659 03 Tax 443 99 NORWICH FIRE INSURANCE SOCIETY OF ENGLAND J Montgomery Hare Resident Manager Anbon W Hard J Kennedy Tod W Emlen Roosevelt Trustees in IJ S Principal Office of TJ S Branch 56 and 58 Pine street New York City Guy Carpenter Atlanta Attorney for Service in Georgia ICAPITAL STOCK 1 Amount of capital stock authorized5500000 00 2 Amount of capital paid up in cash 660000 00 a Amount of net ledger assets December 31 of previous year 2055938 50 2055938 50 IIINCOME DURING YEAR 1 Gross premiums and bills unpaid at close of previous year as shown by that years statement 241213 32 3 Net collected 241213 32 4 Gross premiums written and renewed during the year2173900 51 5 Total2415113 83 6 Deduct gross premiums and bills in course of collection at this date 253883 20 7 Entire premiums collected during the year2161230 03 8 Deduct reinsurance rebate abatement and return premiums 517733 66 9 Received for premiums other than per petuals 1641496 97 1643496 97 12 Interest on real estate mortgage loans 1800 00 13 Interest and dividends on stocks and bonds 70061 22 Total rents and interest 71861 22 14 Profit on sale or maturity of ledger assets during the year over book values 43634 59 Total income during the year 1758992 78 Total footings 3814931 28126 COMPTROLLERGENERALS REPORT IIIDISBURSEMENTS DURING THE YEAR 1 Gross amount paid for losses1196016 47 2 Deduct amounts received for salvages on losses of the last or of previous years 1604180 and from reinsurance in other companies 12569357 141735 37 3 Net amount paid during the year for losses 1054281 10 7 Commissions or brokerage to agents less received on reinsurance 9 Rents 10 Salaries fees and all other charges officers 3992594 clerks 4334815 other employes 6561538 11 Taxes on premiums 2237722 other taxes 1132963 12 Insurance Dept fees and agents licenses 10986 66 municipal licenses 532626 tax on franchise 149024 13 Advertising printing and stationery 1790358 legal ex penses 91477 furniture and fixtures 120759 mis cellaneous 7129434 Cash remitted to home office Total expenditures during the year Balance 1054281 10 319644 69 16895 74 148889 47 33706 85 17803 16 91350 28 104714 99 1787286 28 2027645 00 IVLEDGER ASSETS Mortgage loans on real estate 40000 00 a Book value of bonds excluding interest 1267498 22 and stocks 544740081812238 30 Cash in Companys office 189188 depos ited in bank 17351482 175406 70 Bank of New York N B A 134089 93 Bank of America 35295 04 Bank of British North America 4129 85 173514 82 Total2027645 00 Total net ledger assets 2027645 00 XonLedger Assets 150 00 20501 16 8 Interest accrued on mortgages 9 Interest accrued on bonds and stocks Total carried out 14 Market value of bonds and stocks 15 Gross premiums in course of collection De cember31 not more than three months due 231940 13 16 Deduct cost of collection commision and brokerage 44437 30 20651 16 114665 45 17 Net amount of uncollected premiums not more than three months due 187502 83COMPTROLLERGENERALS REPORT 18 Gross premiums in course of collection December 31 more than three months due carried in 2194307 Dae from other companies for reinsurance on losses al ready paid 127 1755 34 69899 60 21475 00 144272 3ft Grossassets 2352219 78 Total admitted assets 2352219 78 vjjoN LEDGER LIABILITIES Losses adjusted and unpaid not yet due 7186 17 Losses in process of adjustment or in sus pense including all reported and supposed losses Losses resisted not outlawed including in terest costs and other expenses thereon Total amount of claims for losses 158560 77 Deduct reinsurance due or accrued 14288 41 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 icy including interest premiums on per petual fire risks 125243403 unearned premiums fifty per cent 626217 02 8 Gross premiums less reinsurance received and receivable upon all unexpired fire risks running more than one year from date of policy 120751697 unearned premiums prorata 62100402 11 Total unearned premiums as computed above 1247221 04 18 Salaries rent expenses taxes bills accounts fees etc due or accrued 20 Return premiums 805727 and reinsurance premiums 3018631 Total amount of all liabilities Divisible surplus 22 25 16632 52 11075 90 19201 82 933017 96 Total 2352219 Business in the State of Georgia Daring the Year 7S Gross risks written Gross premiums received Losses paid Losses incurred Fire Risks 2464306 00 37592 56 23668 30 15920 25 4212355 00 Amount at risk BUSINESS IN GEORGIA FOR YEAR ENDING APRIL 30 1901 3810789 00 Kisks 43202 60 Premiums 24990 95 Losses 432 03 Tax28 COMPTROLLERGENERALS REPORT UNITED STATES BRANCH NORTH BRITISH AND MERCANTILE FIRE INSURANCE COMPANY OF LONDON AND EDINBURGH E G Richards Manager J F Hastings Assistant Manager Principal Office U S 54 William Street New York City A Haas Atlanta Attorney for Service in Georgia iCAPITAL 1 Whole amount of capital stock nffi 15000000 00 2 Amount paid up in cashnome umce 343750000 IIASSETS 9 Total par and market value of stocks and bonds owned absolutely by the company carried out at market value 3686739 00 12 Cash in companys principal offices 28466 05 13 Cash belonging to the company deposited in bank J P Morgan Co of New York 11936843 Merchants National Bank N Y 2000000 total 139368 43 Total cash items 167834 48 15 Interest due and accrued on stocks not included in market value uncollected 41663 00 17 Cash in hands of agents and in course of transmission 440196 38 18 Bills receivable not matured taken for fire marine and inland risks 1060 60 All other assets both real and personal viz Rents due and accrued 10840 41 Due from other companies for reinsurance on losses already paid viz Milwaukee Und Building Assn Milwaukee Wis 18100 Philadelphia Und Assn 10000 total 281 00 Total assets of the company actual cash market value 4348614 87 IIILIABILITIES 1 Losses due and unpaid 107172 47 2 Gross losses in process of adjustment or in suspense including all reported and sup posed losses 188050 56 3 Losses resisted including interest costs and other expenses thereon 58139 10 4 Total gross amount of claims for losses 353362 13 5 Deduct reinsurance thereon 35959 68 0 Net amount of unpaid losses 317402 45 7 Gross premiums without anydeduction re ceived and receivable upon all unexpired lire risks running one year or less from date of policy 1753845 67 unearned pre miums fifty per cent 876922 83COMPTROLLERGENERALS REPORT 129 8 Gross premiums without any deduction re ceived and receivable upon all unexpired fire risks running more than one year from date of policy 221921498 unearned pre miums pro rata 1133727 23 11 Total uneareed premiums as computed above carred out 12 Deposit premiums 90 per cent 18 Amount of borrowed money balances to credit of special agents 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 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 Fire Risks 3 Net collected401816 83 4 Gross premiums on risks written and re newed during the year3476882 35 5 Total3878699 18 6 Deduct premiums and bills in course of col lection at this date 457630 25 7 Entire premiums collected during the year 3421068 93 5 Deduct reinsurances 31149707 and return premiums 743587 60 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 2010650 06 5313 51 8673 15 96459 73 2438498 90 1910115 97 4348614 87 267748133 125525 37 2803C06 70 VEXPENDITURES DURING THE YEAR On Fire Risks Gross amount actually paid for losses in cluding 23723083 losses occurring in pre vious years1845316 14 Deduct all amounts actually received for salvages whether on losses of the last or of previous year 1825250 and all amounts actually received for reinsur ances in other companies 6519160 total deductions 83444 10 Net amount paid during the year for losses 1761872 04 9 cg130 COMPTROLLERGENERALS REPORT 6 Paid for commissions or brokerage 490880 15 7 Paid for salaries fees and other charges of officers clerks agents and all other employes 163656 01 8 Paid for State national and local taxes in this and other States 92598 92 9 All other payments and expenditures viz Rents adver tising printing stationery Underwriters Associa tion traveling maps postage incidentals total 179949 52 Aggregate amount of actual expenditures during the year in cash 2688956 64 Business in the State of Georgia During the Year Fire Risks Fire marine and inland risks written 3960000 00 Premiums received gross 46919 05 Losses paid 27804 19 Losses incurred 18008 54 BUSINESS IN GEORGIA FOR YEAR ENDING APRIL 30 1901 Risks 7165947 0O Premiums 61716 33 Losses 28648 89 Tax 617 16 THE OEIENT FIRE INSURANCE COMPANY OF HARTFORD CONS A G McIlwanie President James Wyper Secretary Principal office 5 Haynes Street R E Hancock Atlanta Attorney for Service in Georgia 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 99060 33 2 Loans on bond and mortgage duly recorded and being first liens on the fee simple 173675 00 3 Interest due on all said bond and mortgage loans470025 interest accrued thereon if60151 total 5301 76 5 Value of buildings mortgaged insured for 57 90000 as collateral No separate valuations 6 Total value of said mortgaged premises carried inside 566927 00 9 Total par and market value of stocks and bonds owned ab solutely by the company carried out at market value 1807525 92 12 Cash in companys principal office 5551 72COMPTROLLERGENERALS REPORT 131 13 Cash in banks American National of Hart ford 2689312 Merchants National of New York 2270480 National Bank of the Re public Chicago 36371 total 49961 63 Total cash items 55513 35 15 Interest due and accrued on stocks not included in market value uncollected 25542 97 17 Cash in hands of agents and in course of transmission 203551 25 All other assets both real and personal viz Renst due and accrued 50000 500 00 Reinsurance on losses already paid 336775 3367 75 Special deposit New Mexico 5000 00 Total assets of the company actual cash market value 2379038 33 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 thereou 4 5 Total gross amount of claims for losses Deduct reinsurance thereon 13011 77 208431 76 18852 11 240295 64 18097 40 875604 08 437802 04 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 95926187 unearned premiums pro rata 490802 76 11 Total unearned premiums as computed above carried out 17 Due and accrued for salaries rent advertising and for agency and other miscellaneous expenses 18 Amount of borrowed money balance due other companies 19 All other demands against the company absolute and con tingent due and to become due admitted and contested viz Commissions etc due agents 2977993 return premiums 182098 reinsurance 2063953 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 222198 24 928604 80 2500 00 9453 49 52240 44 1214996 97 500000 00 664041 30 2879038 33132 COMPTROLLERGENERALS REPORT 24683 99 3766 95 04 IVINCOME DURING THE YEAR On Marine and On Fire Risks Inland 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 3 Net collected 23791 4 Gross premiums on risks written and renewed during the year1882964 19 5 Total 212088123 6 Deduct premiums and bills in course of collection at this date 207634 14 7 Entire premiums collected during the year 1913247 09 8 Deduct reinsurance and return premiums 647473 92 9 Net cash actually received for pre miums carried out 1265773 1 10 Received for interest on bonds and mortgages ll 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 234367 total 1838 81 8392 37 10231 18 10231 18 9419 56 811 62 1266584 79 11914 69 61589 80 2343 67 15 Aggregate amount of income actually received during the year in cash 1342432 95 yEXPENDITURES DURING THE YEAR On Marine and On Fire Risks Inland Risks 1 Gross amount actually paid for losses including 15219693 losses occurring in previous years 1038438 Oo 21102 1 2 Deduct all amounts actually re ceived for salvages whether on losses of the last or of previous year 486508 and all amounts actually received for reinsur ances in other companies 115 9304S total deductions 120281 94 513 62 3 Net amount paid during the year for losses 918156 ll 20588 55 938744 66 MCOMPTROLLERGENERALS REPORT 133 4 Cash dividends actually paid stockholders amount of stockholders dividends declared during the year 25000 00 6 Paid for commissions or brokerage 246574 94 7 Paid for salaries fees and other charges of officers clerks agents and all other employes 87051 78 8 Paid for State national and local taxes in this and other States 40559 91 9 All other payments and expenditures viz Advertising printing stationery 640772 legal expenses 1055 furniture and fixtures 145062 agency charges 22 56362 Rents 795125 miscellaneous 7435223 total 113780 47 Aggregate amount of actual expenditures during the year in cash 1451711 76 Business in the State of Georgia During the Year Fire RisiS Fire marine and inland risks written 2302499 00 Premiums received gross Losses paid Losses incurred 27582 69 25301 41 21208 00 BUSINESS IN GEORGIA FOR YEAR ENDING APRIL 30 1901 Risks Premiums Losses Tax 1955858 00 23480 87 28934 72 234 81 THE PACIFIC FIRE INSURANCE COMPANY OF NEW YORK Frank T Stinson President George Jeremiah Secretary Principal office 32 Pine Street New York City 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 9015 50 2 Loans on bond and mortgage duly recorded and being first liens on the fee simple 189600 00 3 Interest due on all said bond and mortgage loans interest accrued thereon 148823 total 1488 23 4 Value of lands mortgaged exclusive of build ings and perishable improvements 149500 00 5 Value of buildings mortgaged insured for 20150000 as collateral 226500 00 6 Total value of said mortgaged premises 376000 00 134 COMPTROLLERGENERALS REPORT 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 offices 1747 32 13 Cash belonging to the company deposited in bank Pacific Bank 942869 New York Security Trust Co 5243250 total 61861 19 Total cash items lo Interest due and accrued on stocks not included in market value uncollected 17 Cash in hands of agents and in course of transmission Accrued interest on deposit with New York Security Trust Co 41000 reinsurrance on losses already paid 510922 Total Total assets of the company actual cash market value IIILIABILITIES 2 Gross losses in process of adjustment or in sus pense including all reported and supposed losses 64496 29 3 Losses resisted including interest costs and other expenses thereon 1500 00 4 Total gross amount of claims for losses 65996 26 5 Deduct reinsurance thereon 19543 47 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 290217 95 Unearned premiums fifty per cent 145108 97 8 Gross premiums without any deductions re ceived and receivable upon all unexpired fire risks running more than one year from date of policy 34631131 Unearned premiums pro rata 174838 21 11 Total unearned premiums as computed above carried out 17 Due and accrued for salaries rent advertising and for agency and other miscellaneous expenses 18 Amount of borrowed money 19 All other demands against the company absolute and con tingent due and to become due admitted and contested viz Accrued interest 37538 commission 1590935 return premiums 83399 reinsurance 1128306 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 435894 50 63608 51 1837 09 75898 85 5519 22 782861 90 46452 82 319947 18 7916 66 59000 00 28401 78 461718 44 200000 00 121143 46 782861 90COMPTROLLERGENERALS REPORT 135 IVINCOME DURING THE YEAR On Fire Bisks 1 Gross premiums and bills in course of collec tion at close of last previous year as shown by that years statement 83568 88 2 Deduct amount of same not collected 230 26 3 Net collected 83338 62 4 Gross premiums on risks written and renewed during the year 619228 49 5 Total 702567 11 6 Deduct premiums and bills in course of col lection at this date 77393 86 7 Entire premiums collected during the year 625173 25 8 Deduct reinsurance and return premiums 224542 37 9 Net cash actually received for premiums car ried out 400630 88 400630 88 10 Received for interest on bonds and mortgages 10397 15 11 Received for interests and dividends on stocks and bonds collateral loans and from all other sources 14113 97 12 Income received from all other sources omitting increase if any in value of securities viz Rents 25324 profit on sale of bonds etc 4306744 total 43320 68 15 Aggregate amount of income actually received during the year in cash 468462 68 VEXPENDITURES DURING THE YEAR On Fire Risks 1 Gross amount actually paid for losses includ ing 87455012 losses occurring in previous years 378786 29 2 Deduct all amounts actually received for sal vages whether on losses of the last or of previous year 372015 and all amounts actually received for reinsurances in other companies 7228675 total deductions 76006 90 3 Net amount paid during the year for losses 302779 39 4 Cash dividends actually paid stockholders amount of stock holders dividends declared during the year 20000 00 6 Paid for commissions or brokerage 94688 55 7 Paid for salaries fees and other charges of officers clerks agents and all other employes 31309 18 8 Paid for State national and local taxes in this and other States 13801 85 3 All other payments and expenditures viz Rents 259000 advertising printing and stationery 5310167 furniture136 COMPTROLLERGENERALS REPORT and fixtures 33679 interest on borrowed money 2 20920 legal advertising 42154 miscellaneous 37 89487 total Aggregate amount of actual expenditures during the year in cash Business in the State of Georgia During the Year 46554 07 Fire marine and inland risks written Premiums received gross Losses paid Losses incurred 509133 04 Fire Risks 382475 00 6729 41 8778 36 4692 38 BUSINESS IN GEORGIA FOR YEAR ENDING APRIL 30 1901 Risks Premiums Losses Tax 744783 00 10717 71 10665 17 107 18 THE PALATINE INSURANCE COMPANY OF LONDON ENGLAND A H Wray President Manager C J Holman Secretary Asst Manager Principal office in United States Cor Pine and William Sts New York Jno C Whitner Atlanta Attorney for Service in Georgia ICAPITAL 1 Whole amount of capital stock 500000 00 2 Amount paid up in cash 500000 00 IIASSETS 9 Total par and market value of stocks and bonds owned ab solutely by the company carried out at market value 892000 00 Total assets of the company actual cash value 892000 00 IIILIABILITIES 23 Surplus beyond capital and all other liabilities 892000 00 24 Aggregate amount of all liabilities including capital paid up and net surplus 892000 00 IVINCOME DURING THE YEAR 14 American branches of foreign companies will please report amount of remittances from home office during the year 892000 00 15 Aggregate amount of income actually received during the year in cash 892000 00 BUSINESS IN GEORGIA FOR YEAR ENDING APRIL 30 1901 Risks 971893 00 Premiums 11965 04 Losses 183 75 Tax 119 65COMPTROLLERGENERALS REPORT 337 THE PENNSYLVANIA FIRE INSURANCE COMPANY OF PHILADELPHIA R Dale Benson President W Gardner Crowell Secretary Principal office 510 Walnut Street W E Chapix Atlanta Attorney for Service in Georgia ICAPITAL 1 Whole amount of capital stock 400000 00 2 Amount paid up in cash 400000 00 12 13 16 17 229666 67 735100 00 12344 40 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 6 14750 interest accrued thereon 619690 total Value of buildings mortgaged insurred for 48000000 as collateral Total value of said mortgaged premises carried inside1539260 00 Total par and market value of stocks and bonds owned absolutely by the company carried out at market value 3680075 00 Cash in companys principal offices 1632 91 Cash belonging to the company deposited in bank Western National 9751537 Phila delphia National 4653624 total 144051 61 Total cash items 145684 52 Interest due and accrued on collateral loans and uncol lected L664 f Cash in hands of agents and in course of transmiss on 289093 78 All other assets both real and personal viz Rents due and accrued 39347 due from other companies for reinsu rance on losses already paid total 393 47 Total assets of the company actual cash market value 5337222 43 IIILIABILITIES Losses due and unpaid 56509 80 Gross losses in process of adjustment or in suspense including all reported and sup posed losses 135809 22 Losses resisted including interest costs and other expenses thereon 600 00 Total gross amount of claims for losses 200919 02 Net amount of unpaid losses 200919 02138 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 1678113 42 Unearned premiums fifty per cent 839056 71 8 Gross premiums without any deduction re ceived and receivable upon all unexpired fire risks running more than one year from date of policy1635571 22 Unearned premiums pro rata 879944 88 11 19 Total unearned premiums as computed above car ried out All other demands against the company absolute and con tingent due and to become due admitted and contest ed viz Amount reclaimable by the insured on per petual fire policies Commission and brokerage on premiums in course of collection 21 23 24 Total Joint stock capital actually paid up in cash Surplus beyond capital and all other liabilities 1719001 59 851117 95 4000 00 2775038 56 400000 00 2162183 87 Aggregate amount of all liabilities including capital paid up and net surplus 5337222 43 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 268890 50 Net collected 268890 50 Gross premiums on risks written and renewed during the year 2531808 12 Total2800698 62 Deduct premiums and bills in course of col lection at this date 289093 78 9 10 11 12 15 Entire premiums collected during the year2511604 84 Deduct reinsurance and return premiums 592610 30 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 securieties viz Rents Transfers etc Aggregate amount of income actually received during the year in cash 1918994 54 29204 62 174357 22 9668 43 1061 28 2133286 09COMPTROLLERGENERALS REPORT 139 YEXPENDITURES DURING THE YEAR On Fire Risks 1 Gross amount actually paid for losses includ ing lossses occurring in previous years 1375518 85 2 Deduct all amounts actually received for sal vages whether on losses of the last or of previous year and all other amounts actually received for reinsurances in other compa nies 12450869 total deductions 124508 69 3 Net amount paid during the year for losses 1251010 16 4 Gash dividends actually paid stockholders amount of stock holders dividends declared during the year 100000 00 445125 67 93598 00 61910 35 101844 94 6 Paid for commissionsor 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 Miscellaneous Aggregate amount of actual expenditures during the year in cash 2053489 12 Business in the State of Georgia During the Year Fire Risks Fire marine and inland risks written 5398 00 Premiums received gross Losses paid Losses incurred BUSINESS IN GEORGIA FOR YEAR ENDING APRIL 30 1901 Elaks 2700462 00 Premiums 85901 69 Losses 16476 00 Tax 35901 71281 45 16091 68 14902 68 IT S BRANCH PHCENIX ASSURANCE COMPANY OF LONDON ENG A D Irving Manager A D Irving Jr Secretary Principal office 37 and 39 Liberty St New York Amos Fox Attorney for Service in Georgia ICAPITAL Not applicable in U S statement IIASSETS 9 Total par and market value of stocks and bonds owned ab solutely by the company carried out at market value 2262457 50 12 Cash in companys principal office 13 Cash belonging to the company deposited in banks American Exchange National Bank New York 1623789 Bank of the State 221 63140 COMPTROLLERGENERALS REPORT of New York 464738 American National Bank Chicago 233927 23346 17 Cash in hands of U S trustees 397376 53 Total cash items 420822 70 17 Cash in hands of agents and in course of transmission 198295 23 All other assets both real and personal viz Due from other companies for reinsurance on losses already paid 12403 52 Total assets of the company actual cash market value 2893978 95 IIILIABILITIES 1 Losses due and unpaid 125789 00 2 Gross losses in process of adjustment or in suspense including all reported and sup posed losses 453166 12 3 Losses resisted including interest costs and other expenses thereon 22225 00 4 Total gross amount of claims for losses 601180 12 5 Deduct reinsurance thereon 285239 00 6 Net amount of unpaid losses 315941 12 7 Gross premiums without any deduction re ceived and receivable upon all unexpired fire risks running one year or less from date of policy1658963 89 Unearned premiums fifty per cent 829481 94 8 Gross premiums without any deduction re ceived and receivable upon all unexpired fire risks running more than one year from date of policy 148010403 unearned pre miums pro rata 761192 22 11 Total unearned premiums as computed above carried out 1590674 16 17 Due and accrued for salaries rent advertising and for agency and other miscellaneous expenses 25879 64 19 All other demands against the company absolute and contingent due and to become due admitted and con tested viz Return premiums 1535090 reinsurance premiums 14938315 total 164734 05 20 Total amount of all liabilities except capital stock scrip and net surplus 2097228 97 23 Surplus beyond capital and all other liabilities 796749 98 24 Aggregate amount of all liabilities including capital paid up and net surplus 2893978 95 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 235143 70COMPTROLLERGENERALS REPORT 141 2 Deduct amount of same not collected 2402 85 3 Net collected 232740 85 4 Gross premiums on risks written and renewed duringtheyear 3432350 19 5 Total306509104 i Deduct premiums and bills in course of col lection at this date 241602 41 7 Entire premiums collected during the year 3423488 63 8 Deduct reinsurance and return premiums 1142166 do 9 Net cash actually received for premiums car ried outjuj 11 Received for interests and dividends on stocks and bonds collateral loans and from all other sources iaiiv 14 American branches of foreign companies will please report amount of remittances from home office during the year 48625 00 15 Aggregate amount of income actually received during the year in cash yEXPENDITURES DURING THE YEAR On Fire Risks 1 Gross amount actually paid for losses includ ing 25332600 losses occurring in previous s 2255470 53 years 2 Deduct all amounts actually received for sal vages whether on losses of the last or of previous year 2092855 and all amounts actually received for reinsurances in other companies 67408834 total deductions 69o016 89 3 Net amount paid during the year for losses 1560453 64 1 560453 64 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 General ex penses fees advertising printing stationery furniture maps postage telegrams express traveling inspec tions etc total 10 American branches of foreign companies will please report amount sent to home offices during the year Aggregate amount of actual expenditures during the year in cash 142 COMPTROLLERGENERALS REPORT Business in the State of Georgia During the Year Fire Risks Fire marine and inland risks written 5551196 00 Premiums received gross 43291 11 Losses paid 19997 67 Losses incurred 9048 00 BUSINESS IN GEORGIA FOB YEAR ENDING APRIL 30 1901 Risks 7280136 30 Premiums 52363 03 Losses 9683 51 Tax 523 63 THE PHENIX FIRE INSURANCE COMPANY OF BROOKLYN N Y George P Sheldon President William A Wright Secretary Principal office 16 Court St Brooklyn N Y H C Stockdell Atlanta Attorney for Service in Georgia icapital 1 Whole amount of capital stock 1000000 00 1000000 00 2 Amount paid up in cash1000 000 00 IIASSETS 1 Market value of real estate owned by the company less the amount of incumbrances thereon 543000 00 2 Loans on bond and mortgage duly recorded and being first liens on the fee simple 75600 00 3 Interest due on all said bond and mortgage loans interest accrued thereon 121164 total 1211 64 4 Value of lands mortgaged exclusive of build ings and perishable improvements 44000 00 5 Value of buildings mortgaged insured for ascollateral 97500 00 6 Total value of said mortgaged premises carried inside 141500 00 9 Total par and market value of stocks and bonds owned absolutely by the company carried out at market value 4058325 00 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 and amount loaned thereon 66900 00 12 Cash in companys principal office 2706 00 13 Cash belonging to company deposited in bank National Park Bank New York 339256 39 Chatham National Bank New York 229 50000 Seventh National Bank New York 2500000 National City Bank Brooklyn 250000 Peoples Trust Company Brook lyn 2500000 total 623962 39 Total cash items 623962 39COMPTROLLERGENERALS REPORT 43 15 17 Interest due and accrued on stocks not included in market value uncollected 6516 67 Cash in hands of agents and in course of transmission 616076 SO All other assets both real and personal viz Rents due and accrued 311238 due from other companies for reinsurance on losses already paid 3112 38 Total assets of the company actual cash market value 5994704 88 IIILIABILITIES 2 Gross losses in process of adjustment or in suspense including all reported and sup posed losses 226 825 50 3 Losses resisted including interest costs and other expenses thereon 11790 00 4 238615 50 Total gross amount of claims for losses 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 1944434 19 Unearned premiums fifty per cent 972217 10 Gross premiums without any deduction re ceived and receivable upon all unexpired fire risks running more than one year from date of policy 1408028579 unearned pre miums pro rata 2067186 87 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 and other charges due and to become due to agents and brokers on premiums paid and in course of collection 10529574 return pre premiums 6724270 reinsurance 813741 total 238615 50 3039403 97 2229 92 180675 85 20 Total amount of all liabilities except capital stock scrip and net surplus 3460925 24 21 Joint stock capital actually paid up in cash 1000000 00 23 Surplus beyond capital and all other liabilities 1533779 64 24 Aggregate amount of all liabilities including capital paid up and net surplus 5994704 88 1 Amount of unearned premiums represented by installment notesbeing the whole amount of such notes 113656 76144 10 11 12 15 COMPTROLLERGENERALS REPORT IVINCOME DURING THE YEAK Oa Fire Risks Gross premiums and bills in course of collection at close of last previous year as shown by that years statement 522766 88 Net collected 522766 88 Gross premiums on risks written and renewed during the year 4117627 33 Total4640394 21 Deduct premiums and bills in course of col lection at this date 616076 80 Entire premiums collected during the year4024317 41 Deduct reinsurance and return premiums 742210 05 Net cash actually received for premiums car ried out3282107 36 3282107 36 Received for interest on bonds and mortgages 39o0 98 Received for interests and dividends on stocks and bonds collateral loans and from all other sources 130879 42 Income received from all other sources omitting increase if any in value of securities viz Rents 1953043 total 19530 43 Aggregate amount of income actually received during the year in cash 3436468 19 VEXPENDITURES DURING THE YEAR On Fire Risks Gross amount actually paid for losses including 16572691 losses occurring in previous years 2156152 99 Deduct all amounts actually received for sal vages whether on losses of the last or of previous year 1303740 and all amounts actually received for reinsurances in other companies 22722917 total deductions 220266 57 Net amount paid during the year for losses 1935880 42 1935886 42 Cash dividends actually paid stockholders amount of stockholders dividends declared during the year 100000 00 100000 00 Paid for commissions or brokerage 628691 20 Paid for salaries fees and other charges of officers clerks agents and all other employes 319535 39 Paid for State national and local taxes in this and other States i07470 05 All other payments and expenditures viz Rents postage telegrams express stationery printing advertising legal and all other expenses 341900 36 Aggregate amount of actual expenditures during the year in cash 3433483 42COMPTROLLERGENERALS REPORT 145 Business in the State of Georgia During the Year Fire Risks Fire risks written 3769583 00 Premiums received gross 62068 61 Losses paid 22018 02 Losses incurred 25358 02 BUSINESS IN GEOBGIA FOR YEAR ENDING APRIL 30 1901 Risks 6486351 00 Premiums 78043 40 Losses 28934 12 Tax 780 43 PHCENIX FIRE INSURANCE COMPANY OF HARTFORD CONN D W C Skiltox President Enw Milligan Secretary Principal office 64 Pearl Street Julian Field Atlanta Attorney for Service in Georgia icapital 1 Whole amount of capital stock 2000000 00 2 Amount paid up in cash2000000 00 IIASSETS 1 Market value of real estate owned by the company less the amount of incumbrances thereon 508245 82 2 Loans on bond and mortgage duly recorded and being first liens on the fee simple 84169 61 3 Interest due on all said bond and mortgage loans 21950 interest accrued thereon 210847 total 2327 97 4 Value of lands mortgaged exclusive of build ings and perishable improvements 131790 00 5 Value of buildings mortgaged insured for 51400 00 as collateral 70850 00 6 Total value of said mortgaged premises car ried inside 202640 00 9 Total par and market value of stocks and bonds pwned ab solutely by the company carried out at market value 4203037 50 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 4797780 90 11 Total par and market value and amount loaned thereon 9000 00 12 Cash in companys principal office 26728 85 13 Cash belonging to the company deposited in bank Hartford National Bank Hartford 114978 66 Atlantic Trust Company New York 13053187 Wells Fargo Cos Bank San Francisco Cal 658 total 245517 11 Total cash items 272245 P6 lOcg146 COMPTROLLERGENERALS REPORT 15 Interest due and accrued on stocks not included in mar ket value uncollected 29045 5 16 Interest due and accrued on collateral loans and uncol lected and bank deposits 690 00 17 Cash in hands of agents and in course of transmission 469809 49 All other assets both real and personal viz Rents due and accrued 492237 4922 37 Total assets of the company actual cash market value 5583494 25 IIILIABILITIES 1 Losses due and unpaid 48756 87 2 Gross losses in process of adjustment or in suspense including all reported and sup posed losses 194199 50 3 Losses resisted including interest costs and other expenses thereon 16238 80 4 Total gross amount of claims for losses 259195 17 5 Deduct reinsurance thereon 6133 02 6 Net amount of unpaid losses 253062 15 7 Gross premiums without any deduction re ceived and receivable upon all unexpired Are risks running one year or less from date of policy1889894 91 Unearned premiums fifty per cent 944947 46 8 Gross premiums without any deduction re ceived and receivable upon all unexpired fire risks running more than one year from date of policy 219922773 unearned pre miums pro rata1142934 71 11 Total unearned premiums as computed above carried out 2087882 17 Total 2340944 32 21 Joint stock capital actually paid up in cash 2000000 00 23 Surplus beyond capital and all other liabilities 1242549 93 24 Aggregate amount of all liabilities including capital paid up and net surplus 5583494 25 IVINCOME DURING THE YEAR On Fire Risks 7 Entire premiums collected during the year 3228428 77 8 Deduct reinsurance and return premiums 459281 80 9 Net cash actually received for premiums car ried out2769146 97 2769146 97 10 Received for interest on bonds and mortgages 6347 43 11 Received for interests and dividends on stocks and bonds collateral loans and from all other sources 203741 60COMPTROLLERGENERALS REPORT 147 12 Income received from all other sources omitting increase if any in value of securities viz Rents 1180946 total 11809 46 15 Aggregate amount of income actually received during the year in cash 2991045 46 VEXPENDITURES DURING THE YEAR On Fire Risks 1 Gross amount actually paid for losses includ ing 23922502 losses occurring in previous years1846781 45 2 Deduct all amonnts actually received for sal vages whether on losses of the last or of previous year 110589 and all amounts actually received for reinsurances in other companies 10626895 total deductions 11732184 3 Net amount paid during the year for losses 1729459 61 1729459 61 4 Cash dividends actually paid stockholders amount of stockholders dividends declared during the year 280000 00 6 Paid for commissions or brokerage 516420 00 7 Paid for salaries fees and other charges of officers clerks agents and all other employes 186692 34 8 Paid for State national and local taxes in this and other States 88315 12 9 All other payments and expenditures viz General ex pense total 286702 85 Aggregate amount of actual expenditures during the year in cash 3087589 92 Business in the State of Georgia During the Year Fire Risks Fire marine and inland risks written 3359695 00 Premiums received gross 53314 57 Losses paid 36112 64 Losses incurred 19420 46 BUSINESS IN GEORGIA FOR YEAR ENDING APRIL 30 1901 Risks 4851951 00 Premiums 61441 75 Losses 24976 73 Tax 614 41 THE QUEEN FIRE INSURANCE COMPANY OF AMERICA Edward F Beddall President Nevett S Bartow Secretary Principal office 43 Cedar Street New York City S Y Tupper Atlanta Attorney for Service in Georgia I CAPITAL 1 Whole amount of capital stock 500000 00 2 Amount paid up in cash 500000 00148 COMPTROLLERGENERALS REPORT 1 Market value of real estate owned bv 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 13 Cash belonging to the company deposited in bank Farmers Loan Trust Co New York 8000000 Commercial Exchange Bank New York 7720703 Royal Trust Co Chicago 111 801556 Atlanta National Bank Atlanta Ga 1810094 First National Bank San Francisco Cal 608955 Mer chants Bank of Halifax Montreal Can 9 33333 Bank of British North America Halifax N S 357742 total 202353 83 15 16 17 Total cash items Interest due and accrued on stocks not included in market value uncollectsd Interest due and accrued on bank balances Cash in hands of agents and in course of transmission All other assets both real and personal viz Rents due and accrued 388291 due from other companies for re insurance ou losses already paid 84866 total 720164 73 3424316 72 5443 35 207797 18 42505 08 727 68 351138 80 4731 57 Total assets of company actual cash market value 4751381 76 IIILIABILITIES Losses due and unpaid 82691 17 Gross losses in process of adjustment or in sus pense including all reported and supposed losses Losses resisted including interest cost and other expenses thereon Total gross amount of claims for losses 215830 17 Deduct reinsurance thereon 32239 33 97258 82 35880 18 183590 84 6 Net amount of unpaid losses 7 Gros3 premiums without any deductions re ceived and receivable upon all unexpiredfire risks runniag one year or less from date of policy 1459209 46 Unearned premiums fifty per cent 729634 73 8 Gross premiums without any deduction re ceived and receivable upon all unexpired fire risks running more than one year from date of policy 167652041 unearned premiums prorata 84785084 11 Total unearned premiums as computed above carried out 1577485 57 SCOMPTROLLERGENERALS REPORT 149 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 Taxes 2619732 commissions 8567504 return premiums 1511493 reinsurance 457403 premiums paid in advance 61953 8920 64 132180 85 Total 1902177 90 21 Joint stock capital actually paid up in cash 500000 00 23 Surplus beyond capital and all other liabilities 2349203 86 24 Aggregate amount of all liabilities including capital paid up and net surplus 4751381 76 IVINCOME 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 324252 85 Deduct amount of same Dot collected 1001 54 Net collected 323251 31 Gross premiums on risks written and renewed during the year 2712924 61 Total 3036175 92 Deduct premiums and bills in course of collec tion at this date 356505 09 7 Entire premiums collected during the year 2679670 83 8 Deduct reinsurance and return premiums 727590 69 9 Net cash actually received for premiums carried out 1952080 14 11 Received for interests and dividends on stocks and bonds collateral loans and from all other sources 133597 07 12 Income received from all other sources omitting increase if any in value of securities 18417 54 Premiums paid in advance 619 53 15 Aggregate amount of income actually received during the year in cash 2104714 28 VEXPENDITURES DURING THE YEAR On Fire Risks 1 Gross amount actually paid for losses including 18382064 losses occurring in previous years 1550985 09 2 Deduct all amounts actually received for sal vages whether on losses of the last or of pre vious year 1104028 and all amounts actually received for reinsurances in other companies 27629602 total deductions 287336 30 3 Net amount paid during the year for losses 1263648 79150 COMPTROLLERGENERALS REPORT 4 Cash dividends actually paid stockholders amount of stockholders dividends declared during the year 100000 00 6 Paid for commissions or brokerage 321249 78 7 Paid for salaries fees and other charges of officers clerks agents and all other employes 176347 46 8 Paid for State national and local taxes in this and other States 63064 22 9 All other payments and expenditures viz Rents 21 89639 furniture and fixtures 122569 advertising printing and stationery 2677048 legal expenses 1 52222 miscellaneous 6975633 total 121171 11 Aggregate amount of actual expenditures during the year in cash 2045481 36 Business in the State of Georgia During the Year On Fire Risks Fire marine and inland risks written 3903701 00 Premiums received gross 56446 25 Losses paid 2232193 Losses incurred 4112 93 BUSINESS IN GEORGIA FOR YEAR ENDING APRIL 30 1901 Risks 4044329 00 Premiums 63453 64 Losses 18368 67 Tax 634 53 ROCHESTER GERMAN FIRE INSURANCE COMPANY OF ROCHES TER NEW YORK Hon Frederick Cook President H F Atwood Secretary Principal Office Cor West Main and Irving Place W A Wright Ins Com Attorney for Service in Georgia 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 211906 86 2 Loans on bond and mortgage duly recorded and being first liens on the fee simple 395147 05 3 Interest due on all said bond and mortgage loans 42325 interest accrued thereon 630687 total 6730 12 4 Value of lands mortgaged exclusive of build ings and perishable improvements 431890 00 5 Value of buildings mortgaged insured for 38940000 as collateral 537450 00 6 Total value of said mortgaged premises carried inside 969340 00COMPTROLLERGENERALS REPORT 151 9 Total par and market value of stocks and bonds owned ab solutely by the company carried out at market value 441375 00 12 Cash in companys principal office 262 19 13 Cash belonging to the company deposited in bank GermanAmerican Bank 57916 58 Total cash itemsi 15 Interest due and accrued on stocks not included in market value uncollected 17 Cash in hands of agents and in course of transmission 58178 77 4968 82 87403 80 11 19 20 21 23 24 Total assets of the company actual cash market value 1205710 42 IIILIABILITIES Losses due and unpaid 123186 Gross losses in process of adjustment or in suspense including all reported and sup posed losses 18145 91 Losses resisted including interest costs and other expenses thereon 7000 00 Total gross amount of claims for losses 26377 77 Net amount of unpaid losses 26377 77 26377 77 Gross premiums without any deduction re ceived and receivable upon all unexpired fire risks running one year or less from date of policy 317857 86 Unearned premiums fifty per cent 158928 93 Gross premiums without any deduction re ceived and receivable upon all unexpired fire risks running more than one year from date of policy 40520502 unearned pre miums pro rata 220264 59 Total unearned premiums as computed above carried out 379193 52 All other demands against the company absolute and contingent due and to become due admitted and con tested 28218 18 Total 28218 18 Total amount of all liabilities except capital stock scrip and net surplus 433789 47 Joint stock capital actually paid up in cash 200000 00 Surplus beyond capital and all other liabilities 571920 95 Aggregate amount of all liabilities including capital paid up and net surplus 1205710 42 IVINCOME DURING THE YEAR On Fire Risks Net collected 79812 54 Gross premiums on risks written and renewed during the year 650149 01 Total 729961 55152 COMPTROLLERGENERALS REPORT 6 Deduct premiums and bills in course of collec tion at this date 87403 80 7 Entire premiums collected during the year 642557 75 8 Deduct reinsurance and return premiumsf 176251 12 9 Net cash actually received for premiums car ried out 466306 63 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 945283 dis count account 836 72 total 466306 6 20544 18 18615 0T 10289 55 15 Aggregate amount of income actually received during the yearincash 515755 43 VEXPENDITURES DURING THE YEAR On Fire Risks 1 Gross amount actually paid for losses includ ing 3807890 losses occurring in previous years 298435 59 2 Deduct all amounts actually received for sal vages whether on losses of the last or of previous year 287506 and all amounts actually received for reinsurances in other companies 5718704 total deductions 60062 10 3 Net amount paid during the year for losses 238373 49 238373 491 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 8 Paid for State national and local taxes in this and other States 9 All other payments and expenditures viz Expense ac count 3377758 suspense account 12811 profit and loss account 7139 printing and stationery account 429360 total Aggregate amount of actual expenditures during the year in cash Busineis in the State of Georgia During the Year Fire marine and inland risks written Premiums received gross Losses paid Losses incurred 20000 00 96591 82 31764 84 20792 72 38270 68 445793 55 Fire Risks 56S965 00 9464 26 12553 65 4594 56 BUSINESS IN GEORGIA FOR YEAR ENDING APRIL 30 1901 Risks 1358748 80 Premiums 16037 98 Losses 5991 gg Tax 160 31COMPTROLLERGENERALS REPORT 153 U S BRANCH OF THE ROYAL FIRE INSURANCE COMPANY OF LIVERPOOL ENG Fdward Fitch Beddall General Attorney for the United States Principal office 50 Wall Street New York City R E Allen Augusta Attorney for Service in Georgia 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 fee simple 3 Interest due on all said bond and mortgage loans 0 inter est accrued thereon 67917 total 5 Value of buildings mortgaged insured for 200000 as collateral 6 Total value of said mortgaged premises car J 331500 00 ried inside Amount of other loans Total par and market value of stocks and bonds owned ab solutely by the company carried out at market value Cash in companys principal office Cash belonging to the company deposited in bank GermanAmerican Bank New York City 132375 Merchants National Bank New York City 13673933 New York Life Insurance and Trust Company New York City 10155077 Gallatin National Bank New York City 197313 New England Na tional Bank Boston Mass 45927 Girard National Bank Philadelphia Pa 1050424 Royal Trust Company Chicago 111 424606 American National Bank Louisville Ky 352584 Bank of British North America San Francisco Cal 393060 total 264252 99 Cash in branch offices 2359 27 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 Rents due and accrued 1438088 due from other companies for reinsurance on losses already paid Skaridia Insurance Co Stockholm Sweden 1047397 American Central Insurance Co St Louis Mo 501009 all other items 7331 amount receivable under perpetual policies 86999 2143090 05 195000 00 679 17 3798412 55 1154 06 266612 26 40829 16 711129 52 30808 24 Total assets of the company actual cash market value 7187715 01154 COMPTROLLERGENERALS REPORT III LIABILITIES 1 Losses due and unpaid 32516 90 2 Gross losses in process of adjustment or in suspense including all reported and sup posed losses 574963 36 3 Losses resisted including interest cost and other expenses thereon 102301 57 4 Total gross amount of claims for losses 709781 83 5 Deduct reinsurance thereon 210853 13 3 Net amount of unpaid losses 498928 70 498928 70 7 Gross premiums without any deduction re ceived and receivable upon all unexpired fire risks running one year or less from date of policy2748242 41 Unearned premiums fifty per cent1374121 20 8 Gross premiums without any deduction re ceived and receivable upon all unexpired fire risks running more than one year from date of policy4279958 77 Unearned premiums pro rata 2139526 65 11 Total unearned premiums as computed above carried out 3513647 85 11A Amount reclaimable by the insured on perpetual fire in surance policies being 85 to 95 per cent of the premiums or deposits received 227010 68 12 Net premiums reserve and all other liabilities except cap ital under the life insurance or any other special depart ment 119902 72 17 Due and accrued for salaries rent advertising and for agency and other miscellaneous expenses 19323 11 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 1530550 commissions brokerage and other charges due and to become due to agents and brokers on premi ums paid and in course of collection 8115845 return premiums2165369 reinsurancepremiums20180810 319925 74 Total 4698738 80 23 Surplus beyond all other liabilities 2488976 21 24 Aggregate amount of all liabilities including capital paid up and net surplus 7187715 01 IV INCOME 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 684817 59 2 Deduct amount of same not collected 1522 19 3 Net collected 683295 40COMPTROLLERGENERALS REPORT 155 4 Gross premiums on risks written and renewed during the year5966047 56 5 Total6649342 96 6 Deduct premiums and bills in course of collec tion at this date 727791 43 7 Entire premiums collected during the year5921551 53 8 Deduct reinsurance and return premiums1907842 35 9 Net cash actually received for premiums carried out 4013709 18 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 5476529 4013709 18 9479 99 150952 25 54765 29 Total 4228906 71 14 American branches of foreign companies will please report amount of remittances from home office during the year 307618 64 Deposit premiums received for perpetual fire risks 9W 02 15 Aggregate amount of income actually received during the year in cash 4228906 71 V EXPENDITURES DURING THE YEAR On Fire Risks 1 Gross amount actually paid for losses including 52201786 losses occurring in previous years 3299715 38 2 Deduct all amounts actually received for sal vages whether on losses of the last or of previous year 4080154 and all amounts actually received for reinsurances in other companies 40931991 total deductions 450121 45 3 Net amount paid during the year for losses2849593 93 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 Rents print ing stationery advertising traveling legal and all other expenses total 10 American branches of foreign companies will please report amount sent to home offices during the year 380974 87 Deposit premiums returned on perpetual fire risks 9910 30 Aggregate amount of actual expenditures during the year in cash 4262105 52 2849593 93 665843 12 347302 61 136498 42 262867 44156 COMPTROLLERGENERALS REPORT Business in the State of Georgia During the Year Fire Risks Fire marine and inland risks written 12028369 74 Premiums received gross 68546 81 Losses paid 68700 93 Losses incurred 31730 93 BUSINESS IN GEORGIA FOR YEAR ENDING APRIL 30 1901 Risks 14663508 06 Premiums 70545 37 Losses 41571 24 Tax 705 45 SCOTTISH UNION AND NATIONAL INSURANCE COMPANY OF EDINBURG SCOTLAND James H Brewster Manager Principal office 197 Asylum St Hartford Conn W P Patillo Atlanta Attorney for Service in Georgia xcapital 1 Whole amount of capital stock 30000000 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 218457 56 2 Loans on bond and mortgage duly recorded and being first liens on the fee simple 1064050 17 3 Interest due on all said bond and mortgage loans 747663 interest accrued thereon 637991 total 13856 54 4 Value of lands mortgaged exclusive of buildings and perishable improvements 1004460 00 5 Value of buildings mortgaged insured for 107760000 as collateral 1425750 00 6 Total value of said mortgaged premises carried inside2430210 00 9 Total par and market value of stocks and bonds owned absolutely by the company carried out at market value 2040369 95 11 Total par and market value of bonds stocks and all other securities except mortgages hypothecated to the com pany as collateral security for cash loaned and amount loaned thereon 2600 00 12 Cash in companys principal office 583 74 13 Cash belonging to the company deposited in bank National Exchange Bank Hartford Conn 41644429 Imperial Bank of Can ada Toronto Ont 5985674 First NationalHi COMPTROLLERGENERALS REPORT 157 Bank Albuquerque N M 500000 San Miguael National Bank Las Vegas N M 500000 Cleveland Trust Co Cleveland O 500000 Union Building and Loan Co Cleveland O 1000000 Lake Shore Sav ings and Bank Co Cleveland O 500000 First National Bank San Frarxisco Cal 1322695 Total cash items 520111 72 15 Interest due and accrued on stocks not included in market value uncollected 21848 77 16 Interest due and accrued on collateral loans and uncollected 2240 all other assets 53123 553 63 17 Cash in hands of agents and in course of transmission 335228 39 Total assets of the company actual cash market value 4217076 73 IIILIABILITIES 1 Losses to become due and unpaid 76253 81 2 Gross losses in processof adjustment or in sus pense including all reported and supposed Losses 166500 00 3 Losses resisted including interest costs and other expenses thereon 12300 00 4 Total gross amount of claims for losses 255053 81 5 Deduct reinsurance thereon 15088 23 6 Netamount of unpaid losses 239965 58 239965 58 7 Gross premiums without any deduction re ceived and receivable upon all unexpired lire risks running one year or less from date of policy 1390594 75 Unearned premiums fifty per cent 695297 37 8 Gross premiums without any deduction re ceived and receivable upon all unexpired fire risks running more than one year from date of policy 195109671 Unearned pre miums pro rata 960491 89 11 Total unearned premiums as computed above carried out 1655789 26 17 Due and accrued for salaries rent advertising and for agency and other miscellaneous expenses 5000 00 All other demands against the company absolute and con tingent due and to become due admitted and contested viz Return premiums 2583476 reinsurance 66 432 24 92267 00 Id Total 23 Surplus beyond capital and all other liabilities 1993021 84 2224054 89 24 Apgresate amount of all liabilities including capital paid up and net surplus 4217076 73158 9 10 11 12 14 15 COMPTROLLERGENERALS REPORT IVINCOME DURING THE YKAE On Fire Bisks Gross premiums and bills in course of collec tion at close of last previous year as shown by that years statement 164409 00 Net collected 164409 00 Gross premiums on risks written and renewed during the year 3433140 63 Total 3597549 63 Deduct premiums and bills in course of collec tion at this date 275380 00 Entire premiums collected during the year 3322169 63 Deduct reinsurance and return premiums 1382174 80 Net cash actually received for premiums car ried out 1939994 83 1939994 83 Received for interest on bonds and mortgages 60266 72 Received for interests and dividends on stocks and bonds collateral loans and from all other sources 77651 51 Income received from all other sources omitting increase if any in value of securities viz Rents 1215982 total 2159 82 American branches of foreign companies will please report amount of remittances from home office during the year 7952627 Aggregate amount of income actually received during the year in cash 2080072 88 VEXPENDITURES DURING THE YEAR On Fire Risks Gross amount actually paid for losses in cluding 24629535 losses occurring in pre vious years2060681 45 Deduct all amounts actually received for sal vages whether on losses of the last or of pre vious year 1551862 and all amounts actually received for reinsurances in other companies 65529710 total deductions 670815 72 Net amount paid during the year for losses 1389865 73 1889865 73 Paid for commissions or brokerage 393485 61 Paid for salaries fees and other charges of officers clerks agents and all other employes 91960 07 Paid for State national and local taxes in this and other States 84024 9COMPTROLLERGENERALS REPORT 159 9 All other payments and expenditures viz General and agency expenses total 116283 50 Aggregate amount of actual expenditures during the year in cash 2075619 81 Business in the State of Georgia Daring the Year Fire Risks Fire marine and inland risks written 2558939 00 Premiums received gross 33741 19 Losses paid 24840 92 Losses incurred 18513 23 BUSINESS IN GEORGIA FOR THE YEAR ENDING APRIL 30 1901 Risks 2465083 00 Premiums 33935 63 Losses 30017 90 Tax 339 86 SKAND1A FIRE INSURANCE COMPANY OF STOCKHOLM SWEDEN C F Shallcross Manager Principal office in the United States 50 Wall St New York City Richard E Allen Augusta Ga Attorney for Service in Georgia IIASSETS 9 Total par and market value of stocks and bonds owned ab solutely by the company carried out at market value 468394 51 13 Cash belonging to the company deposited in bank New York Life Insurance Trust Co 90733 06 Total cash items 90732 06 15 Interest due and accrued on stocks not included in mar ket value uncollected 2 516 67 17 Cash in hands of agents and in course of transmission 89693 53 All other assets both real and personal 18 00 Total assets of the company actual cash market value 651354 77 IIILIABILITIES 1 Losses due and unpaid 10 604 94 2 Gross losses in process of adjustment or in sus pense including all reported and supposed losses 46951 38 4 Total gross amount of claims for losses 57556 32 6 Net amount of unpaid losses 57 556 32160 COMPTROLLERGENERALS REPORT 7 Gross premiums without any deduction re ceived and receivable upon all unexpired Are 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 4511480 unearned premiums prorata 324658 27 162329 13 38624 45 19 20 11 Total unearned premiums as computed above carried out 17 Due and accrued for salaries rent advertising and for agency and other miscellaneous expenses All other demands against the compaany absolute and contingent due and to become due admitted and con tested viz Commissions 2562914 return premiums 477904 total Total amount of all liabilities except capital stock scrip and net surplus 23 Surplus beyond all other liabilities 24 Aggregate amount of all liabilities including capital paid up and net surplus IVINCOME DURING THE YEAR Ou Fire Risks 4 Gross premiums on risks written and renewed during the year 443391 75 5 Total 443391 75 6 Deduct premiums and bills in cburse of collec tion at this date 89693 53 7 Entire premiums collected during the year 353698 22 8 Deduct reinsurance and return premiums 4844644 9 Net cash actually received for premiums car ried out 305251 78 11 Received for interests and dividends on stocks and bonds collateral loans and from all other sources 14 American branches of Foreign companies will please report amount of remittances from home office during the year 50341275 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 includ ing losses occurring in previous years 13574 40 200953 58 6 50 30408 18 288924 58 362430 19 651354 77 305251 78 7047 56 312299 34 3 Net amount paid during the year for losses 13574 40 13574 40COMPTROLLERGENERALS REPORT 161 6 Paid for commissions or brokerage 92 913 17 9 All other payments and expenditures viz Insurance de partment fees agents licenses etc total 2 464 62 10 American branches of foreign companies will please report amount sent to home offices during the year 147633 33 Aggregate amount of actual expenditures during the year incash 108952 19 Business in the State of Georgia During the year Fire Risks Fire risks written 618340 Premiums received gross 4 05g 33 Losses incurred jqq qq THE SOUTHERN MUTUAL FIRE INSURANCE COMPANY OF ATHENS GEORGIA W W Thomas President A E Griffith Secretary Principal office 102104 College Avenue Athens Ga Officers of the Company Attorney for Service in Georgia ICAPITAL This is a mutual company having no capital stock Its assets at present market value amount to 1005566 43 IIASSETS 1 Market value of real estate owned by the company less the amount of incumbrances thereon 20 000 00 9 Total par and market value of stocks and bonds owned ab solutely by the company carried out at market value 971950 00 13 Cash belonging to the company deposited in bank viz Bank of the University total 5953 64 Total cash items g ggg g 17 Cash in hands of agents and in course of transmission 7662 79 Total assets of the company actual cash market value 1005566 43 IIILIABILITIES 2 Gross losses in process of adjustment or in suspense including all reported and sup posed losses 2037 26 3 Losses resisted including interest costs and other expenses thereon 2568 42 6 Net amount of unpaid losses 4 gg5 go 7 Gross premiums without any deduction received and receivable upon all unex pired fire risks running one year or less from date of policy 267 821 57 Unearned premiums fifty percent 133910 78 11 Total unearned premiums as computed above carried out 13391078 llcg162 COMPTROLLERGENERALS REPORT 19 All other demands against the company absolute and con tingent due and to become due admitted and contested viz Claim for back taxes resisted by the company total 138516 46 22 Scrip outstanding 104426 61 23 Surplus beyond capital and all other liabilities 762023 36 24 Aggregate amount of all liabilities including capital paid up and net surplus 1005566 43 IVINCOME DURING THE YEAR On Fire Risks 7 Entire premiums collected during the year 270355 13 8 Deduct reinsurance and return premiums 2533 56 9 Net cash actually received for premiums carried out 267821 57 11 Received for interests and dividends on stocks and bonds collateral loans and from all other sources 41095 00 15 Aggregate amount of income actually received during the year iu cash 308916 57 VEXPENDITURES DURING THE YEAR Oa Fire Risks 1 Gross amount actually paid for losses includ ing 1448936 losses occurring in previous years 77379 65 3 Net amount paid during the year for losses 77379 65 5 Scrip or certificate of profits redeemed in cash and interest paid to scripholders 155593 11 0 Paid for commissions or brokerage 40172 78 7 Paid for salaries fees and other charges of officers clerks agents and all other employes 14940 00 8 Paid for State national aud local taxes in this and other States 7620 48 9 All other payments and expenditures viz Expense ac count 2369 05 Profit and loss account 2589 03 Reserve of 1S99 3000 00 Aggregate amount of actual expenditures during the year in cash Basinets in the State of Georgia During the Year 303654 10 Kire Risks 25384833 00 267821 57 77379 65 64927 55 BUSINESS IN GEORGIA FOR YEAR ENDING APRIL 30 1901 Risks 25513077 00 Premiums 20177 25 Losses i 47450 82 Tax 2691 77 Fire marine and inland risks written Premiums received gross Losses paid Losses incurredCOMPTROLLERGENERALS REPORT 163 THE SPRINGFIELD FIRE AND MARINE INSURANCE COMPANY OF SPRINGFIELD MASS A W Damon President W J Mackay Secretary Principal Office 292 Main Street Springfield Mass J W Johnson Atlanta Attorney for Service in Georgia I CAPITAL 1 Whole amount of capital stock1500000 00 1500000 00 2 Amount paid up in cah1500000 00 IIASSETS 1 Market value of reai estate owned ly 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 145500 interest accrued thereon 1515777 total 4 Value of lands mortgaged exclusive of build ings and perishable improvements 440403 00 5 Value of buildings mortgaged insured for 704000 as collateral 719700 00 6 Total value of said mortgaged premis 8 carried inside1160100 00 9 Total par and m irket valu 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 hypothecated to the com pany as collateral security for cash actually loaned by the company and amount loaned thereon 12 Cash in companys principal office 13179 70 13 Cash belonging to the company deposited in bank John Hancock National 1109000 Agawam National 3081062 Third Na tional 15666207 total 19856269 Total cash items 15 Interest due and accrued on stocks not included in mar lint value uncollected 16 Inteiest due and accrued on collateral loans and un colleced 17 Cash in hands of Agents and in course of transmission All other assets both real and personal viz Rents due and accrued 66417 due from other companies for reinsurance on losses already paid 193919 Allema nia 023 Brit Amer 10578 Coml Union 10578 Firemens Fund 1759 Munich 158180 Palatine 10578 Teutonia 623 Union Assurance 1000 Total assets of the Company actual cash market value 125000 00 616800 00 16612 77 3723694 00 40525 00 211742 39 30286 49 856 87 391502 59 2603 36 5159623 47164 COMPTROLLERGENERALS REPORT IIILIABILITIES 1 Losses due and unpaid 63667 72 2 Gross losses in process of adjustment or in sus pense including all reported and supposed losses 146610 36 3 Losses resisted including interest costs and other expenses thereon20350 94 4 Total gross amount of claims for losses 230629 02 5 Deduct reinsurance thereon 38222 27 6 Net amount of unpaid losses 192406 75 7 Gross premiums without any deduction re ceived and receivable upon all unexpired fire risks running one year or less from date of policy 137853958 unearned premiums fifty per cent 684269 79 8 Gross premiums without any deduction re ceived and receivable upon all unexpired fire risks running more than one year from date of policv 173270205 unearned premiums pro rate 885503 00 11 Total unearned premiums as computed above carried out 1569772 79 19 All other demands against the company absolute and con tingent due and to become due admitted and contested 78300 52 20 Total amount of all liabilities except capital stock scrip and net surplus 1840480 06 21 Joint stock capital actually paid up in cash 1500000 00 23 Surplus beyond capital and all other liabilies 1819143 41 24 Aggregate amount of all liabilities including capital paid up and net surplus 5159623 4i IVINCOME DURING THE YRAH 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 362994 63 3 Net collected 362994 63 4 Gross premiums on risks written and renewed during the year2543613 63 5 Total2906608 26 6 Deduct premiums and bills in course of collec tion at this date 391502 59 7 Entire premiums collected during the year 2515105 67 8 Deduct reinsurance and return premiums 572785 32 1942320 35 9 Net cash actually received for premiums carried out 1942320 35 10 Received for interest on bonds and mortgages 32284 81COMPTROLLERGENERALS REPORT 165 11 Received for interests and dividends on stocks and bonds collateral loans and from all other sources 150162 70 12 Income received from all other sources omitting increase if any in value of securities viz rents 465335 total 4653 35 15 Aggregate amount of income actually received during the year in cash 2129421 21 VEXPENDITURES DURING THE YEAR On Fire Risks 1 Gross amount actually paid for losses including 16971717 losses occurringin previous years 1335234 30 2 Deduct all amounts actually received for sal vages whether on losses of the last or of pre vious year and all amounts actually received for reinsurances in other companies 19252710total deductions 192527 10 3 Net amount paid during the year for losses 1142707 20 1142707 20 4 Cash dividends actually paid stockholders amount of stockholders dividends declared during the year 150000 00 6 Paid for commissions or brokerage 354910 29 7 Paid for salaries fees and other charges of officers clerks agents and all other employes 110745 57 5 Paid for State national and local taxes in this and other States 92282 18 9 All other payments and expenditures viz Office and agency incidental legal traveling and all other expenses total 213817 51 Aggregate amount of actual expenditures during the year in cash 2064462 75 Business in the State of Georgia During the Year Fire and Tornado Risks Fire marine and inland risks written 1508780 00 Premiums received gross 19933 88 Losses paid 16519 15 Losses incurred 5446 21 BUSINESS IN GEORGIA FOR YEAR ENDING APRIL 30 1901 Risks 1832003 00 Premiums 25522 16 Losses 13387 48 Tax 255 22166 COMPTROLLERGENERALS REPORT THE ST PAUL FIRE AND MARINE INSURANCE COMPANY OF ST PAUL MINN C H Bigelow President A W Perry Secretary Principal office Cor 3d and Jackson 8t3 St Paul Minn J L Riley Atlanta Attorney for Service in Georgia ICAPITAL 1 Whole amount of capital stock1000000 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 636350 82 Loans on bond and mortgage duly recorded and being first liens on the fee simple 296475 00 Value of lands mortgaged exclusive of buildings and perishable improvements 175425 00 Value of buildings mortgaged insured for 32242500 as collateral 456350 00 Total value of said mortgaged premises carried inside 631775 00 2 4 9 Total par and market value of stocks and bonds owned abso lutely by the company carried out at market value 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 12 Cash in companys principal office 14175 25 13 Cash belonging to the company deposited in bank First National Bank 1630971 Merchants National Bank 10164751 St Paul National Bank 4227127 total 160228 49 Total 174403 74 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 43076 27 2 Gross losses in process of adjustment or in sus pense including all reported and supposed losses 126254 93 3 Losses resisted including interest costs and other expenses thereon 14944 07 4 Total gross amount of claims for losses 184275 27 5 Deduct reinsurance thereon 21902 01 6 Net amount of unpaid losses 1171641 62 76225 05 174403 74 234363 55 16932 34 2606392 12 162373 26COMPTROLLERGENERALS REPORT 167 7 Gross premiums without any deduction re ceived and receivable upon all unexpired Are risks running one year or less from date of policy 786776 54 Unearned premiums fifty per cent 393388 27 8 Gross premiums without any deduction re ceived and receivable upon all unexpired fire risks running more than one year from date of policy 134319997 unearned premiums prorata 71613836 9 Gross premiums without any deduction in cluding both cash and bills received and receivable upon all unexpired inland naviga tion and marine risks 14668339 at 50 fifty per cent 7334170 1182868 63 19 All other demands against the company absolute and con tingent due and to become admitted and contested viz Commissions due agents 3515453 35154 53 20 Total amount of all liabilities except capital stock scrip and net surplus 1380396 42 21 Joint stock capital actually paid up in cash 500000 00 23 Surplus beyond capital and all other liabilities 725995 70 24 Aggregate amount of all liabilities including capital paid up and net surplus 2606392 12 IVINCOME DUEING THE YEAR On Marine and On Fire Risks Inland Risks 1 Gross premiums and bills in course of collection at close of last previous year as shown by that years statement 262078 52 16393 54 4 Gross premiums on risks written and renewed during the year 1832393 30 544516 02 5 Total2094471 82 560909 56 6 Deduct premiums and bills in course of collection at this date 269518 08 16932 34 7 Entire premiums collected dur ing the year1824953 74 543977 22 8 Deduct reinsurance and return premiums 327229 89 201415 81 9 Net cash actually received for premiums carried out 1497723 85 342561 41 1840285 26 10 Received for interest on bonds and mortgages 16886 26 11 Received for interests and dividends on stocks and bonds collateral loans and from all other sources 59494 97168 COMPTROLLERGENERALS REPORT 18074 43 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 1934740 52 VEXPENDITURES DURING THE YEAR On Marine and On Fire Risks Inland Risks 1 Gross amounts actually paid for losses including 23359460 losses occurring in previous years 1021156 10 300222 38 2 Deduct all amounts actually re ceived for salvages whether on losses of the last or of pre vious year 2047883 and all amounts actually received for reinsurances in other compa nies 23787327 total deduc tions 136731 15 120620 95 3 Net amount paid during the year for losses 884424 95 178601 43 1063026 38 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 8 Paid for State national and local taxes in this and other States 9 All other payments and expenditures viz Rents 5 40000 postage 956186 express 11995677 internal revenue 379646 total 50000 00 389761 54 86205 73 49413 87 138715 09 Aggregate amount of actual expenditures during the year in cash 1777122 59 Business in the State of Georgia During the Year On Marine and On Fire Risks Inland Risks Aggregate Fire marine and inland risks written 2047160 00 1259250 00 3306410 00 Premiums received gross 24341 97 232 65 24574 62 Losses paid 14341 25 14341 25 Losses incurred 6851 49 6851 49 BUSINESS IN GEORGIA FOR YEAR ENDING APRIL 30 1901 Risks 2249429 00 Premiums 28103 04 bosses 19782 10 T 281 03COMPTROLLERGENERALS REPORT 169 UNITED STATES BRANCH SUN INSURANCE OFFICE OF LONDON ENGLAND J J Guile Manager Principal office 54 Pine St New York City A B Andrews Atlanta Attorney for Service in Georgia 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 8185083 1850 83 4 Value of lands mortgaged exclusive of build ings and perishable improvements 148000 00 5 Value of buildings mortgaged insured for 12700000 as collateral 140000 00 6 12 13 Total value of said mortgaged premises carried inside 288000 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 025 27 Cash belonging to the company deposited in bank Merchants National Bank New York City 12901018 Western National Bank New York City 43068 86 Mercantile Trust Co New York City 182877 Commercial National Bank Chicago 2312134 total 197029 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 All other assets both real and personal viz Rents due and accrued 131667 due from other companies for re insurance on losses already paid Total assets of the company actual cash market value 1655710 00 197654 42 17945 65 282597 16 1316 67 2595074 73 IIILIABILITIES 1 Losses due and unpaid 54653 44 2 Gross losses in process of adjustment or in sus pense including all reported and supposed losses 163721 00 3 Losses resisted including interest costs and other expenses thereon 13753 00 4 Total gross amount of claims for losses 232127 44 5 Deduct reinsurance thereon 37827 28 6 Net amount of unpaid losses 194300 16170 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 1048744 90 Unearned premiums fifty per cent 524372 45 Gross premiums without any deduction re ceived and receivable upon all unexpired fire risks running mere than one year from date of policy 166347557 unearned premiums prorata 823484 18 11 Total unearned premiums as computed above carried out 1347856 63 17 Due and accrued for salaries rent advertising and for agency and other miscellaneous expenses 1316 61 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 276118 commissions brokerage etc due and to be come due to agents on premiums paid and in course of collection 5861318 reinsurance 970600 71080 36 Total 1614553 82 23 Surplus beyond capital and all other liabilities 980520 97 24 Aggregate amount of all liabilities including capital paid up and net surplus 2595074 73 IVINCOME DURING THE YEAK On Fire Eisks 1 Gross premiums and bills in course of collection at close of last previous year as shown by that years statement 269883 13 3 Netcollected 269883 13 4 Gross premiums on risks written and renewed during the year1960372 25 5 Total2230255 38 6 Deduct premiums and bills in course of collec tion at this date 292385 89 7 Entire premiums collected during the year 1937869 49 8 Deduct reinsurance and return premiums 457396 71 9 Net cash actually received for premiums car ried out 1480472 78 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 71087 26 12 Income received from all other sources omitting increase if any in value of securities viz Rents 11226 76 11226 76 15 Aggregate amount of income actually received during the year in cash 1571866 80COMPTROLLERGENERALS REPORT 171 VEXPENDITURES DURING THE YEAR On Fire Risks 1 Gross amount actually paid for losses includ ing 18391669 losses occurring in previous years 1176899 95 2 Deduct all amounts actually received for sal vages whether on losses of the last or of previous year 671893 and all amounts actually received for reinsurances in other companies 11225819 total deductions 118977 12 3 Net amount paid during the year for losses 1057922 S3 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 Rents 20 76416 general and agency expenses 6139490 map 407450 advertising stationary and printing 1453593 Postage 948242 internal revenue 988448 total 10 American branches of foreign companies will please report amount sent to home offices during the year 3083 04 Aggregate amount of actual expenditures during the year in cash 1655344 82 Business in the State of Georgia During the Year Fire Bisks Fire maiine and inland risks written 1648094 00 Premiums received gross Losses paid Losses incurred BUSINESS IN GEORGIA FOR YEAR ENDING APRIL 30 1901 Risksi 2257588 50 Premiums Losses 1057922 83 341773 88 94343 45 41168 27 120136 39 19665 78 28221 56 19863 20 Tax 18938 64 207 65 THE SUN FIRE INSURANCE COMPANY OF NEW ORLEANS LA Charles Jauvier President Fergus G Lee Secretary Principal office 308 Camp St John C Whitner Atlanta Attorney for Service in Georgia ICAPITAL 1 Whole amount of capital stock 500000 00 500000 00 2 Amount paid up in cash 500000 00172 COMPTROLLERGENERALS REPORT IIASSETS 1 Market value of real estate owned by the Company less the amount of incumbrances thereon 35000 00 9 Total par and market value of stocks and bonds owned absolutely by the Company carried out at market value 990714 00 12 Cash in Companys principal office 725 10 13 Cash belonging to the Company deposited in bank National City Bank of New York City 99156 Canal Bank of New Orleans 564473 New Orleans National Bank New Orleans f 1093888 Whitney National Bank New Orleans 60000 Hibernia Na tional Bank New Orleans 40000 Citizens Bank of Louisiana New Orleans 40000 Louisiana National Bank New Orleans 20000 Provident Savings Bank New Orleans 106136 total 20236 53 Total cash items 20961 63 Premiums in course collection 5606279 carried out 53972 59 Total assets of the Company actual cash market value 1100648 22 IIILIABILITIES 2 Gross losses in process of adjustment or in sus pense including all reported and supposed losses 49536 15 3 Losses resisted including interest costs and other expenses thereon 2431 00 4 Total gross amount of claims for losses 51967 15 5 Deduct reinsurance thereon 11097 89 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 7768131 unearned pre miums pro rata 323110 31 164055 15 150229 65 11 18 19 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 Unpaid river reinsurance Total 21 Joint stock capital actually paid up in cash 40869 26 241736 46 1182 50 2141 99 285930 21 600000 00 COMPTROLLERGENERALS REPORT 175 23 21 10 11 12 15 Surplus beyond capital and all other liabilities 314718 lO Aggregate amount of all liabilities including capital paid up and net surplus 1100648 22 IVINCOME DURING THE YEAR On Marine and On Fire Risks Inland Risks Gross premiums and bills in course of collection at close of last previous year as shown by that years statement 53914 92 4493 72 Net collected 53914 92 4493 72 Gross premiums on risks written and renewed during the year 600945 10 34869 10 Total 654860 02 39362 82 Deduct premiums and bills in course of collection at this date 50118 55 5 944 24 Entire premiums collected during the year 004741 47 33418 58 Deduct reinsurance and return premiums 223297 83 10916 70 Net cash actually received for premiums carried out 381443 64 22501 88 403945 52 Received for interest on mortgages 22 50 Received for interests and dividends on stocks and bonds and from all other sources 86505 98 Income received from all other sources omitting increase if any in value of securities viz Rents 329176 suspense account 1100 00 various 23253 profit on sale or maturity of ledger assets 9435 total 5567 54 Aggregate amount of income actually received during the year in cash 446041 56 VEXPENDITURES DURING THE YEAR On Marine and On Fire Risks Inland Risks Gross amount actually paid for losses including 6572284 losses occurring in previous years 299685 43 7297 51 Deduct all amounts actually re ceived for salvages whether on losses of the last or of previous year 232126 and all amounts actually received for reinsurances in other compa nies 5330276 total deduc tions 55588 34 35 68 Net amount paid during the year for losses 244097 09 7261 83 251358 92174 COMPTROLLERGENERALS REPORT 4 Cash dividends actually paid stockholders amount of stockholdersdividends declared during the year 61752 50 5 Scrip or certificates of profits redeemed in cash and in terest paid to scripholders 000000 6 Paid for commissions or brokerage 59941 37 7 Paid for salaries fees and other charges of officers clerks agents and all other employes 29395 43 8 Paid for State national and local taxes in this and other States 20856 65 9 All other payments and expenditures viz Rents 3 16813 advertising printing and stationery 568054 legal 99996 Miscellaneous 1837977 interest paid on bank account 152190 general expenses 1954013 P L account 416941 loss on sale or maturity of ledger assets 44114 total 53900 98 Aggregate amount of actual expenditures during the year in cash 477205 85 Business in the State of Georgia During the Year Fire Risks Fire marine and inland risks written1748451 00 Premiums received gross 28028 62 Losses paid 27833 59 Losses incurred 17480 06 BUSINESS IN GEORGIA FOR YEAR EXDING APRIL 30 1901 Risks 1992507 00 Premiums 31777 77 Losses 20710 01 Tax 317 77 THE TRADERS FIRE INSURANCE COMPANY OF CHICAGO ILL E Buckingham President S A Rothermel Secretary Principal oilice 160 La Salle St John T Rowlnd Atlanta Attorney for Service in Georgia 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 45716 17 2 Loans on bond and mortgage duly recorded and being first liens on the fee simple 17685000 3 Interest due on all said bond and mortgage loans 71500 interest accrued thereon 349918 total 4214 18COMPTROLLERGENERALS REPORT 175 4 Value of lands mortgaged exclusive of build ings and perishable improvemts 343683 50 5 Value of buildings mortgaged 734383 00 6 Total value of said mortgaged premises carried inside 578066 50 9 Total par and market value of stocks and bonds owned ab solutely by the company carried out at market value 1905759 40 11 Total par and market value of stocks bonds and other securities except mortgages hypothecated to the com pany as collateral security for cash actually loaned by the company and amount loaned thereon 21000 00 12 Cash in companys principal office 770 16 13 Cash belonging to the company deposited in bank Corn Exchange National Bank 104116 33 Total cash items 104886 49 15 Interestdue and accrued on stocks not included in market value uncollected 6383 97 16 Interest due and aci rued on collateral loans and uncollected 315 00 17 Cash in hands of agents and in course of transmission 151066 65 Due from other companies etc for losses paid and pre miums advanced 15975 24 Total assets of the c raipany actual cash market value 2432197 10 IIIIJABILITIFS 1 Losses due and unpaid 37187 13 2 Gross losses in process of adjustment or in suspense including all reported and sup posed losses 77104 10 3 Losses resisted including interest costs and other expenses thereon 11435 00 4 Total gros amount of claims for losses 125726 23 5 Deduct reinsurance thereon 18928 20 6 Net amount of unpaid losses 106798 03 7 Gross premiums without any deduction re ceived and receivable upon all unexpired fire risks running one year or less from date of policy 824855 38 Unearned premiums fifty per cent 417427 69 8 Gross premiums withcut aiy deduction re ceived and receivable upon all unexpired fire risks running more than one year from date of policy 66250961 unearned pre miums pro rata 37486036 11 Total unearned premiums as computed above carried out 787288 05 19 All other demands against the company absolute and con tingent due and to become due admitted and contested 26212 96 20 Total amount of all liabilities except capital stock scrip and net surplus 920299 04176 COMPTROLLERGENERALS REPORT 21 Joint stock capital actually paid up in cash 500000 00 23 Surplus beyond capital and all other liabilities 1011898 06 24 Aggregate amount of all liabilities including capital paid up and net surplus 2432197 10 IVINCOME DURING THE YEAR On Fire Risks 1 Gross premiums and bills in course of collection at close of last previous year as shown by that years statement 110634 63 2 Deduct amount of same not collected 13 88 3 Net collected 110620 75 4 Gross premiums on risks written and renewed during the year1445094 26 5 Total1555715 01 6 Deduct premiums and bills in course of collec tion at this date 154417 30 7 Entire premiums collected during the year 1401297 71 8 Deduct reinsurance and return premiums 312680 65 9 Net cash actually received for premiums car ried out 1088617 06 1088617 06 10 Received for interets on bonds and mortgages 14323 06 11 Received for interests and dividends on stocks and bonds collateral loans and from all other sources 80663 48 12 Income received from all other sources omitting increase if any in value of securities viz Rents 1212 15 Aggregate amount of income actually received during the year in cash 1184816 VEXPENDITURES DURING THE YEAR On Fire Risks 1 Gross amount actually paid for losses includ ing 9486963 losses occurring in previ ous years 776344 35 2 Deduct all amounts actually received for sal vages whether on losses of the last or of previous year 685747 and all amounts actually received for reinsurances in other companies 11115056 total deductions 118008 03 3 Net amount paid during the year for losses 658336 32 4 Cash dividends actually paid stockholders amount of stock holders dividends declared during the year 50000 00 6 Paid for commissions or brokerage 239243 85 7 Paid for salaries fees and other charges of officers clerks agents and all other employes 73928 89 8 Paid for State national aud local taxes in this and other States 34251 50COMPTROLLERGENERALS REPORT 177 9 All other payments and expenditures viz Rents postage printing supplies and miscellaneous expenses 72268 61 Aggregate amount of actual expenditures during the year in cash 1128029 17 Business in the State of Georgia During the Year Fire Riles Fire marine and inland risks written 1191422 00 Premiums received gross 20576 13 Losses paid 10319 63 Losses incurred 8594 55 BUSINESS IN GEORGIA FOR YEAR ENDING APRIL 30 1901 Risks 1282102 00 Premiums 21300 98 Losses 18680 59 Tax 213 00 THE U S BRANCH OF THE UNION ASSURANCE SOCIETY OF LONDON Hall Henshaw U S Managers Principal office in U S 35 Pine St New York City George N Hurt Atlanta Attorney for Service in Georgia 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 1128370 00 12 Cash in Companys principal office 18923 83 13 Cash belonging to the Company deposited in bank Union Trust Co New York 90 17168 Canadian Bank of Commerce San Francisco 1260071 total 102772 39 Total cash items 121696 22 14 Amount of premium notes upon which policies have been issued 183676 58 15 Interest due and accrued on bonds not included in mar value uncollected 9919 76 Total assets of the Company actual cash market value 1643662 56 IIILIABILITIES 1 Losses due and unpaid 74203 65 2 Gross losses in process of adjustment or in suspense including all reported and sup posed losses 110096 30 12 cg178 COMPTROLLERGENERALS REPORT 3 Losses resisted including interest costs and other expenses thereon 13450 00 4 Total gross amount of claims for losses 197749 95 5 Deduct reinsurance thereon 13910 6o 6 Net amount of unpaid losses 183833 30 7 Gross premiums without any deduction re ceived and receivable upon all unexpired Are risks running one year or less from date of policy 367299 35 Unearned premiums fifty percent 483649 68 8 Gross premiums without any deduction re ceived and receivable upon all unexpired fire risks running more than one year from date of policy 40181711 unearned pre miums pro rata213043 25 11 Total unearned premiums as computed above carried out 697292 93 19 All other demands against the company absolute and contingent due and to become due admitted and con testedL 38226 5 20 Total amount of liabilities except capital stock scrip and net surplus 919352 28 23 Surplus beyond capital and all other liabilities 724310 28 24 Aggregate amount of all liabilities including capital paid up and net surplus 1043662 56 IVINCOME DURING THE YEAR On Fire Risks I Gross premiums and bills in course of collec tion at close of last previous year as shown by that years statement 180046 49 3 Net collected 180646 49 4 Gross premiums on risks written and renewed during the year 1578366 87 5 Total1759013 36 0 Deduct premiums and bills in course of col lection at this date 183670 58 7 Entire premiums collected during the year 1575336 78 8 Deduct reinsurance and return premiums 437829 78 9 Net cash actually received for premiums car ried out 1137507 00 1137507 00 II Received for interests and dividends on stocks and bonds collateral loans and from all other sources 37446 18 12 Income received from all other sources omitting increase if any in value of securities viz Rents 8924 02COMPTROLLERGENERALS REPORT 179 14 American branches of foreign companies will please report amount of remittances from home office during the year 159655 00 15 Aggregate amount of income actually received during the year in cash 1183877 20 VEXPENDITURES DURING THE YEAR On Fi e Risks 1 Gross amount actually paid for losses in cluding 16594864 losses occurring in pre vious years 903235 50 2 Deduct all amounts actually received for sal vages whether on losses of the last or of previous year 1798860 and all amounts actually received for reinsurances in other companies 8376338 total deductions 10175198 3 Net amount paid during the year for losses 801483 52 801483 52 5 Paid for commissions or brokerage 261708 40 7 Paid for salaries fees and other charges of officers clerks agents and all other employes 57769 02 8 Paid for State national and local tcxes in this and other States 39443 06 9 All other payments and expenditures viz Rents 1 50000 advertising printing and stationery 199642 miscellaneous 5258965 total 56086 07 10 American branches of Foreign Companies will please report amount sent to home offices during the year 50952 68 Aggregate amount of actual expenditures during the year in cash 1216490 07 Business in the State of Georgia During the Year Fire Risks Fire marine and inland risks written 2892140 00 Premiums received gross 35981 56 Losses paid 19673 98 Losses incurred 7212 09 BUSINESS IN GEORGIA FOR YEAR ENDING APRIL 30 1901 Risks 2585414 00 Premiums 26882 87 Losses 31308 04 Tax 268 82180 COMPTROLLERGENERALS REPORT WESTERN FIRE ASSURANCE COMPANY OF TORONTO CANADA Hon Geokge A Cox President 0 C Foster Secretary Principal office 22 Wellington St East Toronto George J Dexter Atlanta Attorney for Service in Georgia II ASSETS 1 Market value of real estate owned by the company less the amount of incumbrances thereon20000 00 9 Total par and market value of stocks and bonds owned absolutely by the company carried out at market value 1360432 74 12 Gash in companys principal office 280 13 13 Cash belonging to the company deposited in bank Alexander Laird and William Gray agents Canadian Bank of Commerce New York 20907010 Corn Exchange Bank Chicago 3821 total 20910S 31 Total cash items 209388 44 17 Cash in hands of agents and in course of transmission 383269 27 18 Bills receivable not matured taken for fire marine and inlandrisks 280 34 Total assets of the company actual cash market value 21370 III LIABILITIES 1 Losses due and unpaid 37665 48 2 Gross losses in process of adjustment or in suspense including all reported and sup posed losses 123995 66 3 Losses resisted including interest costs and other expenses thereon 14634 15 4 Total gross amount of claims for losses 176295 29 6 Net amount of unpaid losses 176295 29 7 Gross premiums without any deduction re ceived and receivable upon all unexpirei fire risks running one year or less from date of policy1330493 97 Unearned premiums fifty per cent 665246 99 8 Gross premiums without any deduction re ceived and receivable upon all unexpired fire risks running more than one year from date of policy 79215617 unearned pre miums pro rata 404942 54 9 Gross premiums without any deduction in cluding both cash and bills received and receivable upon nil unexpired inland navi gation and marine risks 14124957 fifty percent 7062478COMPTROLLERGENERALS REPORT 181 10 Gross premiums without any deduction re ceived and receivable on all unexpired ma rine risks 9968 62 11 Total unearned premiums as computed above car ried out 1150782 93 19 All other demands against the company absolute and contingent due and to become due admitted and con tested viz Commissions and brokerage 50861 99 Total 1377940 21 23 Surplus beyond capital and all other liabilities 638430 58 24 Aggregate amount of all liabilities including capital paid up and net surplus 2016370 79 IVINCOME DURING THE YEAR On Marine and On Fire Risks Inland Risks 1 Gross premiums and bills in course of collection at close of last previous year as shown by that years statement 273484 50 88578 76 3 Net collected 273484 50 88578 76 4 Gross premiums on risks written and renewed during the year 1908986 26 536679 27 5 Total2182470 76 625258 03 6 Deduct premiums and bills in course of collection at this date 344668 28 8188133 7 Entire premiums collected during the year 837802 48 543376 70 8 Deduct reinsurance rebate abatement and return pre miums 355315 08 52937 72 9 Net cash actually received for premiums carried out 1482487 40 490438 98 10 Received for interest on bonds and mortgages 1 Received for interests and dividends on stocks and bonds collateral loans and from all other sources 1972926 38 2100 00 52978 81 16 Aggregate amount of income actually received during the year in cash 2028005 19 VEXPENDITURES DURING THE YEAR On Marine and On Fire Risks Inland Risks 1 Gross amount actually paid for losses including 13362020 losses occurring in previous years1186647 83 316569 83182 COMPTROLLERGENERALS REPORT 2 Deduct all amounts actually re ceived for salvages whether on losses of the last or previous years and all amounts actu ally received for reinsurance in other companies total deduc tions 56881 26 26634 57 3 Net amojnt paid during the year for losses1129766 57 289935 26 1419701 84 6 Paid for commission or brokerage 377247 03 7 Paid for salaries fees and other charges of officers clerks agents and all other employes 80100 00 8 Paid for State national and local taxes in this and other States 64738 63 9 All other payments and expenditures 121436 22 Aggregate amount of actual expenditures during the year in cash 2063223 72 Business in the State of Georgia During the Year Marine and Fire Risks Inland Risks Aggregate Fire marine and inland risks written 1960735 00 560226 00 2526961 00 Premiums received gross 31596 60 242161 34018 21 Losses paid 22518 31 3143 74 25692 05 Losses incurred 9339 17 3143 74 12482 91 BUSINESS IN GEORGIA FOR YEAR ENDING APRIL 30 1901 Risks 2956676 31 Premiums 36082 93 Losses 21918 62 Tax 360 82 WESTCHESTER FIRE INSURANCE COMPANY OF NEW YORK George R Crawford President Moreil O Brown Secretary Home office 66 Wall Street New York City Attorney for service in Georgia J L Riley Atlanta Ga icapital 1 Amount of capital stock authorized 300030 00 2 Amount of capital paid up in cash 300000 00 Amount of net ledger assets December 31st of previous year2257808 84 Extended at 2257808 84 IIINCOME during year Fire 1 Gross premiums and bills unpaid at close of previous year as shown by that years statement 251292 54COMPTROLLERGENERALS REPORT Deduct amount of same not collected 4260 83 Net collected 247031 71 Gross premiums written and renewed during the year 1972144 56 Total 2219176 27 Deduct gross premiums and bills in course of collection at this date 275470 74 11 12 13 14 Entire premiums collected during the year 1943705 53 Deduct reinsurance rebate abatement and return premiums 417702 20 Received for premiums other than per petuals 1526003 33 Rents for companys use of own buildings 1563 25 Interest on real estate mortgage loans 34459 21 Interest and dividends on stocks and bonds from all other sources 78404 74 Total rents and interest Profit on sale or maturity of ledger assets during the year over book values 183 526003 33 114427 20 10227 50 Total income during the year 1650658 03 Total footings 3908466 87 III DISBURSEMENTS DURING THE YEAR Fire 1 Gross amount paid for losses including 121 85632 occurring in previous years1034843 00 2 Deduct amounts received for salvages on losses of the last or of previous years 431191 and from reinsurance in other companies 14307865 147390 56 3 Net amount paid during the year for losses 887452 44 887452 44 5 Paid stockholders for interest or dividends amount declared during the year 4800000 48000 00 7 Commissions or brokerage to agents less received on re insurances 333399 89 9 Rents from subleases 3125 OS 10 Salaries fees and all other charges officers 4100000 clerks 2811185 other employes 4192285 111034 70 11 Taxes on premiums 2748358 on real estate 3613 93 31097 51 12 Insurance department fees and agents licenses 7469 49 municipallicenses 307035 tax on franchise 186149 12404 33 13 Advertising printing and stationery 2437444 mis cellaneous 11367614 138050 58 Total expenditures during the year 1564564 53 Balance 23439 2 34 184 COMPTROLLERGENERALS REPORT 8 14 15 16 17 18 IVLEDGER ASSETS 1 Book value real estate unincumbered 225 04764 225047 64 2 Mortgage loans on real estate first liens 588962 50 588962 50 4 Book value of bonds excluding interest 486476 39 and stocks 92102325 1407499 64 5 Cash deposited in bank 12239256 Union Trust Co New York 5032394 Chatham National Bank New York 5856862 First National Bank Chicago 111 750000 Crocker Woolworth National Bank San Francisco Cal 600000 122392 56 Total 2343902 34 Total net ledger assets 2343902 34 NONLEDGER ASSETS Interest due 742405 and accrued 331545 Total carried out 10739 50 10739 50 374950 36 Market value not including interest in item 9 of bonds and stocks over book value Gross premiums in course of collection De cember 31 not more than three months due 275470 74 Deduct cost of collection commission and brokerage 62254 26 Net amount of uncollected premiums not more than three months due Gross premiums in course of collection De cember 31 more than three months due carried in 1539314 Gross assets 2942808 68 DEDUCT ASSETS NOT ADMITTED 213216 48 Depreciation from book values of above net ledger assets to bring same to market valuereal estate Total 47 64 47 64 Total admitted assets 2942761 04 VNONLEDGER LIABILITIES Losses adjusted and unpaid not yet due 38070 89 Losses in process of adjustment or in sus pense including all reported and supposed losses 102636 73 Losses resisted not outlawed including in terest costs and other expenses thereon 7950 00 Total amount of claims for losses 148657 62 Deduct reinsurauce due or accrued 15515 38COMPTROLLERGENERALS REPORT 185 6 Net amount of unpaid losses 133142 24 7 Gross premiums less reinsurance recieved and receivable upon all unexpired Are risks running one year or less from date of policy including interest premiums on perpetual fire risks 103362802 un earned premiums fifty percent 516814 01 8 Gross premiums less reinsurance received and receivable upon all unexpired fire risks running more than one year from date of policy 146531221 unearned premiums pro rata 773546 43 11 Total unearned premiums as computed above 1290360 44 22 Total amount of liabilities 1423502 68 23 Jointstock capital actually paid up in cash 300000 00 300000 00 25 Divisible surplus 2219258 36 Total 2942761 04 Business in the Slate of Georgia During the Year Fire Eisks Gross risks written 1917370 00 Gross premiums received 26110 10 Losses paid 1504 2 Losses incurred 8030 29 Amount at risk 2876055 00 BUSINESS IN GEORGIA FOR YEAR ENDING APRIL 30 1901 Risks 2931625 00 Premiums 33156 42 Losses 27124 66 Tax 331 56 WILLIAMSBUKGH CITY FIRE INSURANCE COMPANY OP BROOKLYN N Y Marshall S Driggs President Frederick F Way Secretary Principal Office 151 Broalway Brooklyn L G Whitney Atlanta Attorney for Servcs in Georgia icapital 1 Whole amount of capital stock 250000 00 250000 00 2 Amount paid up in cash 250000 00 3 Amount in notes of the stockholders 250000 00 IIASSETS 1 Market value of real estate owned by the Company less the amount of incumbrances thereon 629000 00 2 Loans on bond and mortgage duly recorded and being flrstliens on the fee simple 243900 00186 COMPTROLLERGENERALS REPORT 3 Interest due on all said bond ard mortgige loans 69750 interest accrued thereon 105350 total 1751 00 4 Value of lands mortgaged exclusive of buildings and perishable improvements 207250 00 5 Value of buildings mortgaged insured for 216800 as collateral213500 00 C Total value of said mortgaged prem ises carried inside 420750 00 9 Total par and market vdue of stocks and bonds owned absolutely by the Company carried out at market value 1035700 00 11 Total par and market value of stocks bonds all other se curities except mortgages hypothecated to the com pany as collateral security for cash actually loaned by the company and amount loaned thereon 22500 00 12 Cash in Companys principal office 2582 24 13 Cash belonging to the Company deposited in bank First Nat Bank of Brooklyn 9 61502 Chatham National Bank of New York 1189805 Williamsburgh Trust Co of Brooklyn 114829 Mechanics National Bank of Brooklyn 22282 total 12884 18 Total cash items 5466 42 15 Interest due and accrued on stocks not included in mar ket value uncollected 5938 90 16 Interest due and accrued on collateral loans and uncol lected 91 00 17 Cash in hands of agents and in course of transmission 10601 89 All other assets both teal and personal viz Rents due and accrued 684551 due from other companies for re insurance on losses already paid 32501 96 Hamilton N Y 1637 North River N Y 243 57 Citizens N Y 126542 Westchester N Y 8 Nassau N Y 93321 Franklin Fa 2325 JSew York N Y 1931 Total 9347 47 Total assets of the Company actual cash market value 2066299 68 IIILIABILITIES 1 Losses due and unpaid 14951 05 2 Gross losses in process of adjustment or in suspense including all reported and sup posed losses 3465 i 95 3 Losses resisted including interest costs and other expenses thereon 2816 15 4 Total gross amount of claims for losses 52454 15 5 Deduct reinsurance thereon 1681 61 6 Net amount of unpaid losses 50772 54 50772 54COMPTROLLERGENERALS REPORT 187 7 Gross premiums without any deduction re ceived and receivable upon all unexpired fire risks running one year or less from date of policy 420469 61 Unearned premiums fifty per cent 210234 81 8 Gross premiums without any deduction re ceived and receivable upon all unexpired Are risks running more than one year from date of policy 798S0086 unearned pre miums pro rata 405856 20 11 Total unearned premiums as computed above carried out 16 Cash dividends to stockholders remaining unpaid 17 Due and accrued for salaries rent a ivertising 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 Taxes accrued 559245 commissions unpaid 1859868 due for reinsurance 207105 to tal 20 Total amount of all liabilities except capital stock scrip and net surplus 21 Joint stock capital actually pain up in cash 23 Surplus beyond capital and all other liabilities 24 Aggregate amount of all liabilities including capital paid up and net surplus 616091 01 1996 00 283 33 26262 18 695405 06 250000 00 1120894 62 2066299 68 INCOME DURING THE YEAR On Fre Risks Gross premiums and bills in course of collec tion at close of last previous year as shown by that years statement 87125 79 Deduct amount of same not collected 6970 06 80155 73 10 11 12 15 Not collected Gross premiums on risks written and re newed during the year 816428 77 Total 896584 50 Deduct premiums and bills in course of col lection at this date 102853 20 Entire premiums collected during the year 79373130 Deduct reinsurance and return premiums 128234 17 Net cash actually received for premiums car ried out 665497 13 6651 7 IS Received for interest on bonds and mortgages 13995 73 Received for interests and dividends on stocks and bonds collateral loans and from all other sources 43426 16 Income received from all other sources 3293 69 Aggregate amount of income actually received during the year in cash 726212 71188 COMPTROLLERGENERALS REPORT VEXPENDITURES DURING THE YEAR Oq Fire Risks 1 Gross amount actually paid for losses in cluding 5572772 losses occurring in pre vious years 40057 34 2 Deduct all amounts actually received for salvages whether on losses of the last or of previous year 442441 and all amounts actually received for reinsur ances in other companies 2626607 total deductions 30690 48 3 Net amount paid during the year for losses 369888 86 369888 86 4 Cash divi lends actually paid stockholders amount of stockhoders dividends declared during the year60000 59286 00 6 Paid for commissions or brokerage 170531 17 7 Paid for salaries fees and other charges of officers clerks agents and all other employes 74709 40 8 Paid for State national and local taxes in this and other States 8651 17 Total 50499 85 Aggregate amount of actual expenditures during the year in cash 733566 45 Business in the State of Georgia During the Year Fire Risks Fire marine and inland risks written 1074147 00 Premiums received gross 15062 50 Losses paid 7186 28 Losses incurred 4326 72 BUSINESS IN GEORGIA FOR YEAR ENDING APRIL 30 1901 Risks 1421732 00 Premiums 18312 90 Losses 6800 45 Tax 183 13 THE ETNA LIFE INSURANCE COMPANY HARTFORD CONN M G Bulkeley President J L English Secretary Home office 650 Main Street Hartford Conn John M Green Atlanta Attorney for Service in Georgia 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 COMPTROLLERGENERALS REPORT 1S9 Amount of net ledger assets December 31 of previous year 50181732 07 Extended at 50184732 07 IIINCOME DUKING YEAR As Shown by the Books at Home Office at Close of Business December SI WOO 1 First years permiums less in terest included in deferred premiums and 645225 for first years reinsurance 1258732 70 2 Renewal premiums less inter est included in deferred pre miums and 375020 for re newal reinsurance 5042410 20 3 Single premiums without de ductions for commissions or other expenses 83363 82 4 Dividends applied by policy holders to pay running pre miums 563339 94 6 Surrender values applied to pay running premiums first years premiums 643908 renewals 83021 7269 29 7 Surrender values applied to purchase paidup insurance and annuities 196100 11 9 Total premium income life business 7151216 06 10 Rents from companys property including 1300000 for com panys use of own buildings 36097 33 11 Interest on loans on mortgages of real estate 1235860 08 12 Interest on collateral loans in cluding premium notes loans or liens 180671 30 13 Interest on bonds and dividends on stock 833182 44 14 Interest on other debts due the company and on deposits in banks 5511181 15 Discount on claims paid in advance 1447 11 16 Total rents and interest 2342370 07 17 Profit on sales of real estate 11050 50 9504036 63 Premium income accident business 1106408 53 Total income during the year 10611045 16 Sum of both amounts 60795777 23190 COMPTROLLERGENERALS REPORT IIIDISBURSEMENTS DURING YEAR As Shown by the Books at Home Office at Close of Business December SI 1900 1 For death claims 2363464 45 2 Matured endowments 1313709 83 3 Installment death claims 4093 69 Total 3681217 97 5 8 9 11 12 13 14 15 17 18 19 20 21 22 23 24 25 26 Total net amount actually paid for losses and matured endowments Dividends paid policyholders less 22976 received for dividends on reinsurances Dividends applied by policyholders to pay running premiums Surrender values paid 0 received on sur rendered reinsurances Surrender values applied to pay running pre miums Surrender values applied to purchase paidup insurance and annuities Total paid policyholders 4916166 38 Paid stockholders for interest or dividends Commissions and bonuses to agents less commission received on reinsurances on new policies 67497716 single premium policies 598109 on renewal policies 31387625 Salaries and allowances for agencies includ ing managers agents and clerks Salaries and all other compensation officers 5835200 Home office employes 122 71737 Medical examiners fees 6860050 inspec tion of risks 878895 Taxes on new premiums 1162084 renewal premiums 4979017 franchise 106 35894 reserves 686961 municipal licenses 468655 internal revenue 25 61197 Taxes on real estate Insurance department fees and agents licenses Repairs and expenses other than taxes on real estate Rent including 1300000 for companys use of own buildings Advertising 1223428 printing and sta tionery 2396489 postage 3344666 Legal expenses 1026308 furniture etc 457403 3681267 97 315553 65 563339 94 152635 42 7269 29 196100 11 175000 00 994834 50 2104299 181069 37 77389 45 204947 08 9046 99 7628 20 58541 87 29870 41 69645 83 14837 11COMPTROLLERGENERALS REPORT 191 27 Losses on sales of real estate loss on sales or maturity of securities 17654 73 28 Premiums paid for securities and charged off to reduce book value to par 90566 64 29 All other disbursements viz Profit and loss agency balances 47848 supplies J3663352 express 399898 telegraph 188713 travel 938158 exchange 2 33763 incidentals 191065 56627 97 Total miscellaneous expenses 5662797 Total disbursements life business 6924869 52 Total disbursements accident business 1008214 58 Total disbursements 7933084 10 Balance 52862693 13 Invested in the following IVLEDGER ASSETS As Per Ledger Accounts Shown by the Books at Home Office at Close of Business December 31 1900 i Book value real estate unincumbered 469086 71 2 Mortgage loans on real estate first liens 24107274 86 3 Loans secured by pledge of bonds stocks or other collateral 918308 6 4 Loans made to policyholders on this com panys policies assigned as collateral 1904942 00 5 Premium notes or liens on policies in force of which 707600 is for first years pre miums 461213 15 6 Book value bonds excluding interest 14 29811956 stocks 333449672 17632616 28 7 Cash in companys office 7162007 de posited in banks yEtna National Bank 391202666 First National Bank of New York 49995622 Rockville National Bank 324603 Farmers and Mechanics National Bank 6063714 American Na tional Bank 25502975 National Ex change Bank 323995 Charter Oak Na tional Bank 23542 Connecticut Trust and Safe Deposit Co 7692744 City Bank 1189622 Connecticut River Bank ing Co 3443183 First National Bank of Hartford 15038090 Security Com pany 3912210 Hartford National Bank 4011724 Hartford Trust Company 106 20161 United States Bank 196799069 Ontario Bank at Toronto Ontaria 2192 COMPTROLLERGENERALS REPORT 10 11 12 13 14 15 17 18 in 20 21 24840 Bank of Toronto at Montreal Quebec 349922 State Bank Hartford 25000 00 7323806 89 Bills receivable 4331065 agents debit balances 3331666 76683 31 Total5289388187 DEDUCT LEDGER LIABILITIES Agents credit balances 2790757 bor rowed money all other 328117 31188 7i Total net ledger assets as per balance above 52862693 13 NONLEDGER ASSETS Interest due 5260109 and accrued 393 28557 on mortgages 445886 66 Interest due 1953730 and accrued 105 06284 on bonds and stocks 124600 14 Interest accrued on collateral loans 3917 94 Interest due 23899812 on premium notes loans or liens less 4771643 estimated amount collected in 1900 in advance 191281 69 Interest due and accrued on other assets 200 18 Rents due 20125 and accrued 220574 on companys property or lease 2406 99 768293 60 Market value not including interest in item 11 of bonds and stocks over book value 1854517 63 New Business Kenewals Gross premiums not more than three months due after period of grace unreported on out standing policies in force De cember 31 395914 15 182651 58 Gross deferred premiums on outstanding policies in force December 31 89321 73 256954 37 Totals 485235 S8 439605 95 Deduct cost of collection 50 per cent on new and 6 per cent on renewals 242617 94 26376 36 Net amount of uncollected and deferred premiums 242617 94 413229 59 655847 53 Gross assets 56141351 89 DEDUCT ASSETS NOT ADMITTED Agents debit balances unsecured 20455 36 Bills receivable unsecured 26359 22COMPTROLLERGENERALS REPORT 193 5 Premium notes loans or liens and premiums in item 22 in excess of reserve on policies 253 67 6 Commissions payable to agents on premium notes when paid 2197 63 Total nonadmitted assets 49 265 88 Total admitted assets 56 092086 01 VNONLEDGER LIABILITIES As Shown by the Books at Home office at Close of Business December 31 1900 1 Net present value of all the outstanding policies in force on December 31 as com puted by the company according to the actuaries table of mortality with four per cent interest47607567 00 Total47607567 00 Deduct net value of risks of this company reinsured in other solvent companies 42884 00 Net reserve 4734 683 00 2 Present value four per cent of amounts not yet due on matured installment policies face 42106 31 34598 00 3 Matured endowments due and unpaid 73707 00 5 Death losses in process of adjustment or ad justed and not due 102132 00 6 Death losses which have been reported and no proofs received 22348 00 7 Death losses and other policy claims resisted by the company not yet outlawed 11579 00 Gross policy claims 209766 00 Net policy claims 209766 00 9 Unpaid dividends or other profits due policyholders in cluding those contingent on payment of outstanding and deferred premiums 750 340 38 11 Salaries rents expenses taxes bills accounts bonuses commissions medical and legal fees etc due or accrued 10000 00 12 Premiums paid in advance 19 400 06 13 Surrender values claimable on policies canceled whose reserves are not included in item 1 6 963 00 14 Any other liability viz Special reserve in addition to the four per cent reserve 1934000 00 Total liabilities life business 50529751 04 Total liabilities accident business 497125 57 Liabilities on policyholders account 51026 876 61 13 cg194 COMPTROLLERGENERALS REPORT Surplus 3315209 40 Capital stoclipaidup 1750000 00 5065209 40 Total 56092086 01 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 1329 3049484 00 Number and amount of policies on the lives of citizens of said State issued during the year 737 1571531 00 Total 2066 4621015 00 Deduct number and amount which have ceased to be in force during the year 329 793749 00 Total number and amount of policies in force in said State December 31 last 1737 3827266 00 Amount of losses and claims on policies in said State in curred during the year 23 37325 00 Total 23 37325 00 Amount of losses and claims on policies in said State settled during the year in cash 3078642 19 30786 42 Amount of premiums collected or secured in said State during the year in cash and notes or credits without anydeduction for losses dividends com missions or other expenses Cash 10981133 notes or credits 17805 total 10998938 BUSINESS IN GEORGIA FOR THE YEAR ENDING APRIL 30 1901 Insurance in force 4951141 00 Premiums 1068t0 89 Losses 58522 Tax 61 CONNECTICUT MUTUAL LIFE INSURANCE COMPANY Jacob L Greene President Herbert H White Secretary Principal Office 783 Main Street Hartford Conn Max L Byck Savannah Ga Attorney for Service in Georgia ICAPITAL STOCK Amount of net ledger assets December 31 of previous year 62377878 93 Extended at62377878 93COMPTROLLERGENERALS REPORT 195 IIINCOME DURING YEAR 1900 As Shown by the Books at the Home Office at Close of Business December 311900 1 First years premiums less in terest included in deferred ferred premiums 412504 61 2 Renewal premiums less inter est included in deferred pre miums 3430003 15 3 Dividends applied by policy holders to pay running pre miums see item 9 Disburse ments 1090227 94 5 Surrender values applied to pay running premiums 1st year premiums 346024 renew als 1459074 see iten 12 Disbursements 18050 98 6 Surrender values applied to purchase paidup insurance and annuities see item 13 Disbursements 111365 24 7 Consideration for annuities other than matured install ment policies 23912 44 8 Total premium income 5086064 36 9 Rents from Companys property 407481 19 10 Interest on loans on mortgages of real estate 1474730 00 11 Interest on collateral loans in cluding premium notes loans or liens 47486 48 12 Interest on bonds and dividends on stocks 1018047 44 13 Interest on olher debts due the Company and on deposits in banks 9331 20 14 Discount on claims paid in ad vance 3602 66 Total rents and interest 2960678 97 Total income during the year 8046743 33 Sum of both amounts 70424 622 26 HIDISBURSEMENTS DURING YEAR 1900 As Shown by the Books at the Home Office at Close of Business December 311900 1 For death claims4362972 10 2 Matured endowments 454023 00 Total 4816995 10196 COMPTROLLERGENERALS REPORT jg Total net amount actually paid for losses and matured endowments e Pad to annuitants 7 Premium notes voided by lapse less 79300 restored by revival 8 Tividends paid policyholders 215211 9 Dividends applied by policyholders to pay running premiums S 51 11 Surrender values paid iiosua tt 12 Surrender values applied to pay running 18050 98 4816995 10 2003 73 327 00 34 premiums 33 Surrender values applied to purchase paid up insurance and annuities Total paid policyholders 667309107 15 Commissions and bonuses to agents less commission received on reinsurance on new policies 10412257 on renewal pol icies 28628262 on annuities 7448 17 Salaries and allowances for agencies in cluding managers agents and clerks Salaries and all other compensation of ficers 6525000 home office employes 9333851 Medical examiners frfs Taxes on new premiums 329967 renewal premiums 2969709 franchise 153 250 94 reserves 1164157 municipal licenses 171572 internal revenue 18 19 20 111365 24 390479 67 25249 80 158588 51 23913 2S 208304 71 5869972 187 86117 21 Taxes on real estate 22 Insurance department fees and agents li 23 24 25 censes Repairs and expenses other than taxes on real estate Rent for Companys use of own building less 55517 received under sublease Advertising 3355907 printing and sta tionery 1984211 postage 1767177 26 Legal expenses 27 Losses on sales of real estate 31262 92 Less profits on securities sold 416142 miscellaneous 1487 4176 29 28 All other disbursements viz Express 288141 telegraph 165715 iraveling 1977974 miscellaneous 1340522 Total miscellaneous expenses 141150890 4633 53 235875 41 8307 33 71072 95 32412 39 27086 63 723 52 Total disbursements Balance 8084599 97 62340022 29COMPTROLLERGENERALS REPORT 197 IV LEDGER ASSETS As per Ledger Accounts Shown by the Books at Home Office at Close of Business December 31 1900 1 Book value of real estate unincumbered 12054396 47 2 Mortgage loans on real estate first liens 26469472 96 3 loans secured by pledge of bonds stocks or other collaterals 2300 00 5 Premium notes on policies in force 763861 90 6 Book value of bonds excluding interest 2173055833 stocks 473454 00 22204012 33 7 Gash deposited in bank 826974 00 I P Morgan CoNY 24797077 First National Hartford 8429213 Conn Trust and Safe Deposit Co Hart ford 26346526 State Hartford 96 01221 Phcenix National Hartford 6778150 City Hartford 6745213 8 Bills receivable 434654 agents debit balances 1465809 19004 63 Tot 1 62340022 29 T tal net ledger assets as per balance above 62340022 29 NONLEDGER ASSETS 10 Interest due 7946165 and accrued 526 42388 on mortages 605885 53 11 Interest due 2100000 and accrued 22208451 on bonds and stocks 243084 51 12 Interest due and accrued on collateral loans 28 75 13 Interest due L0638666 and accrued 2520567 on premium notes loans or Hens 13159233 15 Rents due 10534 60 and accrued 1071345 on companys property or lease 21248 05 1001839 17 17 Market value of bonds and stocks over book value 1319797 97 New Business Renewals 18 Gross premiums not more than three months due after period of grace un reported on pol icies outstanding in force Decem ber 31 11379 88 49039 16 19 Gross deferred pre miums on policies outstand i n g in force December 31 33419 35 309283 30 20 Totals 44829 23 358322 46198 COMPTROLLERGENERALS REPORT 21 Deduct cost of collec tion 250 per c on new 631 per c J on renewals 11207 31 22610 15 22 Net amount of uncollected and deferred pre miums 33621 92 335712 31 369334 23 Balance of loading 46812 88 322521 35 Gross assets 64984180 78 DEDUCT ASSETS NOT ADMITTED 3 Agents debit balances not secured by bonds 14658 09 4 Bills receivable unsecured 4346 50 Total nonadmitted assets 19004 63 Total admitted assets 64965176 15 VNONLEDGER LIABILITIES As Shown by Boohs at Home Office at Close of Business December 31 1900 1 Net present value of all outstanding pol icies in force on December 31 as com puted by the Connecticut Insurance De partment according to the actuaries table of mortality and four per cent in terest 54071915 00 Same for annuities including those in re duction of premiums 30186 00 Additional reserve by companys standard viz The American table and 3 percent interest on new insurances written on or since April 1 1882 and additional special reserves for term policies and annuities 2219058 00 Total 56321159 00 Net reserve 56321159 00 3 Mature endowments due and unpaid 9941 00 4 Death losses due and unpaid 28207 50 5 Death losses in process of adjustment or adjusted and not due 100746 00 6 Death losses which have been reported and no proofs received 75148 00 7 Death losses and other policy claims re sisted by the company not yet outlawed 33211 33 Gross policy claims 247253 83 Net policy claims 247253 83 9 Unpaid dividends or other profits due policyholders in cluding those contingent on payment of outstanding and deferred premiums 977966 15COMPTROLLERGENERALS REPORT 199 12 Premiums paid in advance 777697 surrender values applicable in payment of premiums 1927676 27053 73 13 Surrender values claimable on policies canceled whose reserves are not included in item 1 200395 00 Liabilities on policyholders account 57773827 71 Gross divisible surplus including contingent real es tate depreciation mem account 70073099 7191348 44 Total 64965176 15 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 442 1290500 Number and amount of policies on the lives of citizens of said State issued during the year 11 37000 Total 453 1327500 Deduct number and amount which have ceased to be in force during the year 4 4500 Total number and amount of policies in force in said State December 31 last 449 1323000 Amount of losses and claims and policies in said State settled during the year in cash 1000 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 commis sions or other expenses Ans Cash 3318267 total 33182 67 BUSINESS IN GEORGIA FOR YEAR ENDING APRIL 30 1901 Insurance in force1084000 0 Premiums 36523 76 Losses 3000 00 Tax 365 24 EQUITABLE LIFE ASSURANCE SOCIETY OF THE UNITED STATES James W Alexander President William Alexander Secretary Principal office 120 Broadway New York City Attorney for service in Georgia Robt F Foreman Atlanta Ga ICAPITAL STOCK 1 Amount of capital stock paid up in cash 100000 00 2 Amount of capital subscri bed but unpaid 100000 00 Amount of net or ledger assets December 31 of previous year260599597 48 Extended at260599597 48200 COMPTROLLERGENERALS REPORT IIINCOME DURING YEAR 1900 1 Cash received for premiums on new policies withoutde ductions for commissions or other expenses 5565331 55 1J Cash received for renewal premiums without deduc tions for commissions or other expenses 30554294 52 3J From dividends applied to purchase paidup additions and annuities 762335 51 4 From surrender values ap plied to purchase paidup insurance and annuities 1457983 00 5 Consideration for annuities other than matured install ment policies 980274 56 Total 45320219 14 6 Deduct amount of premiums paid to other companies for reinsurance on policies in this company 1080 45 7 Total premium income 45319138 69 8 Cash received for interest on mortgage loans 1836301 93 9 Cash received for interest on bonds owned and dividends on stock 6655334 44 1 Cash received for interest on other debts due the company 1714769 35 3 Cash received for rents for use of com panys property 2949262 23 19 From all other sources viz Profit and loss 432324 31 Total income 58007130 98 Total 318606728 46 IIIDISBURSEMENTS DURING YEAR 1900 1 Cash paid for death claims including revisionary addi tions 14823257 15 3 Cash paid for matured en dowments and additions thereto 2046660 86 5 Cash paid for sums falling due dnring the year on in stallment policies 37695 00 Total 16907613 01 7 Total net amount actually paid for losses and matured endowments 16907613 01COMPTROLLERGENERALS REPORT 201 10 12 13 15 17 18 19 20 21 22 23 24 25 26 27 28 29 29 i 30 81 Cash paid to annuitants Cash dividends paid policyholders Cash dividends applied to purchase paidup additions and annuities Surrender values paid in cash Surrender values applied to purchase paid up insurance and annuites Total paid policyholders 25965999 30 Cash paid stockholders for interest and dividends Cash paid for commissions and bonuses to agents flesscommissions on reinsurance new policies 253749015 renewals 2 34242633 on annuities 2937461 Cash paid for salaries and allowances to managers and agents Cash paid for medical examiners fees and inspection of risks Cash paid for salaries and all other com pensation of officers and other home office employes Cash paid for taxes on premiums Cash paid for taxes on reserves 1391038 stamps and customs 9771160 Cash paid for insurance department fees and agents licenses 1054699 municipal and state licenses 9106068 Cash paid for rent Cash paid for commuting commissions Cash paid for tax on real estate Cash paid for advertising printing and sta tionery postage and exchange Cash paid for real estate expenses other than taxes 54971263 for legal ex penses traveling expenses and Guaran tee Companys bonds 27528383 Cash paid for the following items viz Clerical expenses agency expenses ex press telegraph cable freight tele phone furniture and general expenses Reduction book values bonds purchased at a premium Total miscellaneous ex penses 10296967 21 Total disburements 668923 98 2719305 14 762335 51 3449838 66 1457983 00 7000 00 4909291 09 284150 92 398773 57 770282 48 261654 00 373275 98 104607 67 364889 18 993806 02 367724 06 595566 55 824996 46 302603 23 236160 00 36499126 51 Balance282107601 95202 COMPTROLLERGENERALS RErORT IVASSETS AS PER LEDGER ACCOUNTS 1 2 3 4 6 10 11 13 Book value of real estate exclusive of all incumbrances Loans on mortgage first lien on real es tate Loans secured by pledge of bonds stocks or other marketable collaterals market value December 31 1900 31933183 00 Loans made in cash to policyholdes on this companys policies assigned as collateral Book value of bonds and stocks owned ex cluding accrued interest at time of pur chase Cash in companys office Cash deposited in banks at interest 8942 58717 funds in Trust companies at in terest 876011908 Agents ledger balances Total net or ledger assets as per balance above 38188725 12 45411602 86 25371587 00 7372645 27 147520222 00 15870 31 17702706 25 524183 14 82107601 95 Total net or ledger assets less depreciation282107601 95 14 15 16 18 19 21 23 24 OTHER ASSETS Interest due 7243868 and accrued 18172832 on mortgages 254167 00 Interest due and accrued 2103 44100 on bonds and stocks 2103441 00 Interest due and accrued 9519798 on collateral loans 95197 98 Interest due and accrued 1119135 on other assets 11191 35 Rents due 3532227 and accured 201 11094 on companys property or lease 236433 21 Total carried out 2700430 54 Market value of bonds and stocks over book value 13272581 00 Gross premiums due and un reported less premiums paid in advance on policies in force December 31 1900 Gross deferred premiums on policies in force December 311900 New Business Renewals 2665705 00 3194910 00 324590 00 2406489 00 Totals 299030100 5601399 00COMPTROLLERGENERALS REPORT 203 25 Deducting loading 60 per cent on new and 5 per cent on renewals 179418100 280069 00 26 Net amount of uncollected and deferred premiums 1196120 00 5321330 00 Extended 10 6517450 00 28 Total assets as per the books of the company304598063 49 ITEMS NOT ADMITTED 5 Agents balances 524 183 14 0 Total assets less items not admitted304073880 35 vLIABILITIES 1 Net present value of all the outstanding policies in force on the 31st day of Decem ber 1900235313493 00 Net reinsurance reserve235343493 00 3 Claims for death losses due and unpaid 231 778 45 4 Claims for matured endowments 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 7 Amounts due and unpaid on annuity claims 8 Present value of unpaid amounts on ma tured installment policies face 655 52852 9 Claims for death losses which have been reported and no proofs received 1529946 86 Total policy claims 2205225 47 Amount of all unpaid dividends of surplus or other de scription of profits due policyholders 346195 01 16 Amount of any other liability of the company viz premiums paid in advance under debenture bonds 67958 00 17 Liabilities on policyholders account238460893 48 18 Gross surplus on policyholders account 65612986 87 19 157442 13 93221 42 138800 00 54036 61 498022 00 No Total liabilities Business in Georgia During 1900 Number and amount of policies on the lives of citizens of Georgia in force December 31 of previous year 3753 Number and amount of policies on the lives of citizens of Georgia issued during the year 433 Total 4186 304073880 35 Amount 11352103 1029925 12382028204 COMPTROLLERGENERALS REPORT Deduct number and amount which have ceased to be in forceduring the year 401 1601861 Total number and amount of policies in force in Georgia December 31 1900 3785 10880167 Amount of losses and claims on policies in Georgia un paid December 31 of previous year 6 18000 Amount of losses and claims on policies in Georgia in curred during the year 54 219247 Total 60 237247 Amount of losses and claims on policies in Georgia paid during the year 56 220247 What amount of premiums was collected or secured in Georgia during the year in cash and notes or credits without any deductions for losses dividends commissions or other expenses Answer Cash 34645445 BUSINESS IN GEORGIA FOB YEAR ENDING APRIL 30 1901 Risks 11233962 00 Premiums 339lo3 26 Losses 148618 66 Tax 3391 53 THE FIDELITY MUTUAL LIFE INSURANCE COMPANY PHILADELPHIA PA L G Fouse President W S Campbell Secretary N F Jackson Atlanta Attorney for Service in Georgia Principal Office 112116 VV Broad street Philadelphia ICAPITAL STOCK Amount of net or ledger assets December 31 of previous year 2603874 78 Extended at 2603874 78 IIINCOME DURING YEAR 1900 1 Cash received for premiums on new policies without deduc tions for commissions or other expenses 395069 82 1J Cash received for renewal pre miums without deductions for commissions or other ex penses 1658637 79 2 Premium notes loans or liens taken in part payment for premiums on new policies 44601 31 2J Premium notes loans or liens taken in part payment for renewal premiums 49238 00COMPTROLLERGENERALS REPORT 205 3 4 From dividends applied to pay running premiums see item 11 Disbursements 2173950 From surrender values applied to pay running premiums see item 14 Disbursements 484 54 Consideration for annuities other than matured install ment policies 500 65 Total2170271 61 Deduct amount of premiums paid to other companies for reinsurance on policies in this company new business 608 67 renewals 69763 1306 30 7 Total premium income 2168965 31 8 Cash received for interest on mortgage loans 12963 90 9 Cash received for interest on bonds owned and dividends on stock 25599 55 10 Cash received for interest on premium notes loans or liens 21191 46 11 Cash received for interest on other debts due the company 22699 11 12 Cash received as discount on claims paid in advance 328 27 13 Cash received for rents for use of com panys property including 31500 00 for companys own occupancy 70317 03 14 Cash received for profits on sales of bonds or stocks 518056 real estate 584263 11023 19 19 From all other sources viz Fees for alter ations of policies 74 10 Total income 2333161 92 Total 4937036 70 IIIDISBURSEMENTS DURING YEAR 1900 1 Cash paid for death claims including revisionary addi tions 928009 11 5 Cash paid for sums falling due during the year on install ment policies 948 36 Total 934957 47 7 Total net amount actually paid for losses and matured endowments 934957 47 10 Cash dividends paid policyholders 17652 81206 COMPTROLLERGENERALS REPORT 11 Cash dividends applied to pay running pre miums see item 3 income 21739 50 13 Surrender values paid in cash 65433 63 14 Surrender values applied to pay running premiums see item 4 income 484 54 Total paid policyholders 1040267 95 17 Cash paid for commissions and bonuses to agents less commission on reinsurance new policies 227i5425 renewals 8368728 on annuities 25225 311093 78 17 Exchange paid to banks and collectors for collecting premiums 6697 64 18 Cash paid for salaries and allowances to managers and agents 82578 78 19 Cash paid for medical examiners fees 3503561 inspection of risks 1753327 52568 88 20 Cash paid for salaries and all other compen sation of officers and other home office employes 125888 83 21 Cash paid for taxes on new premiums 376664 on renewals 1717814 20944 78 22 Cash paid for taxes on reserves 37379 on investments 1539214 Franchise 2500 15790 93 23 Cash paid for insurance department fees and agents licenses 845590 municipal licenses 65250 9108 40 24 Cash paid for rent including 3150000 companys occupancy 47069 11 25 Cash paid for commuting commissions 815476 internal Revenue 1403495 22189 71 26 Cash paid for furniture fixtures and safes for home and agency offices 2902 80 27 Cash paid for advertising 1893568 print ing 2093895 postage 1442582 54300 45 28 Cash paid for real estate expenses other than taxes 1618845 for legal expenses 1218766 28376 11 29 Casli paid for the following items viz losses on sales of real estate 853 30 Expressage and telegrams 287745 janitor fuel etc 56700 library 69257 sun dry expenses 1441422 traveling expenses 24 29053 Total miscellane ous expenses 823205 27 42841 77 Total disbursements 1863473 22 Balance 3073563 48COMPTROLLERGENERALS REPORT 207 Invested in the following IVASSETS AS PER LEDGER ACCOUNTS 1 a Cost value of real estate exclusive of all incumbrances1198027 35 2 Loans on mortgages first liens on real estate 22ii450 35 3 Loans secured by pledge of bonds stocks or other marketable collaterals 23986 57 4 Loans made in cash to policyholders on this companys policies assigned as col lateral 210959 08 5 b Premium notes loans or liens on poli cies in force of which 4460131 was re ceived during the year 93839 31 6 c Cost value of bonds and stocks owned excluding accrued interest at time of purchase 891486 60 7 Cash in companys office 139 67 8 Cash deposited in banks 165809 05 9 Bills receivable 12 949 qq 10 Agents ledger balances of which 1296673 was advanced during the year 236014 82 Due from Minn Loan Trust Company Trustee Hj009 20 Due from suspended banks 390 50 11 Total net or ledger assets as per balance above 3074061 50 12 Deduct all credit balances 498 02 13 Total net or ledger assets less depreciation 3073563 48 OTHER ASSETS 14 Interest due 167200 and accrued 379261 on mortgages 5464 61 15 Interest accrued 1146555 on bonds and stocks 11 465 55 16 Interest due 50481 on collateral loans 504 81 19 Rents due 257352 on companys property or lease 2573 52 Total carried outi 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 un reported on policies in force December 311900 7852579 single premiums 1670000 95225 79 39850 52 20008 49 98038 73 27368 80 mm 208 COMPTROLLERGENERALS REPORT 24 Gross deferred premiums on policies in force December 31 1900 64308 89 308183 05 Totals 159534 68 348034 17 25 Deducting loading 50 per cent on new and 712 per cent on renewals and 5 per cent on single premium 72252 34 26102 56 26 Net amount of uncollected and deferred premiums 87282 34 321931 61 Extended 409213 95 Total assets as per the books of the companyif 3628193 45 ITEMS NOT ADMITTED 5 Agents balances 236014 82 7 Bills receivable 12949 00 Suspended banks 390 50 Total 249354 32 Total assets less items not admitted 3378839 13 VLIABILITIES 1 Net present value of all the outstanding policies in force on the 31st day of Decem ber 1900 computed according to The Actuarys Table of Mortality with four per cent interest2512048 00 Deduct net value of risks of this com pany reinsured in other solvent com panies 2229 00 Net reinsurance reserve 2509819 00 2 Premium notes or loans on policies and other obligations in excess of the net value of their policies 19985 14 3 Claims for death losses due and unpaid 5000 00 5 Claims for death losses and matured en dowments in process of adjustment or adjusted anil not due 158935 00 i Claims for death losses and other policy claims resisted by the company 33000 00 8 Present value of unpaid amounts on ma tured installment policies face 129 45215 23256 62 Total policy claims 24017676 30 Amount of nil unpaid dividends of surplus or other des cription of profit due policyholders 194 51COMPTROLLERGENERALS REPORT 209 J3 36 17 IS 19 21 Amount due on account of salaries rents and office ex penses Amount of any other liability of the company viz Pre miums paid in advance 287070 commissions pay able to agents on premium notes when paid 15 27103 surrender values claimable on policies can celled 666100 Liabilities on policyholders account Gross surplus on policyholders account 33400 95 24802 73 Total Liabilities Estimated surplus accrued on all other policies 570445 18 VIPREMIUM NOTE ACCOUNT 1 Premium notes loans or liens on hand De cember 31 of previous year 65 891 57 2 Premium notes loans or liens received during the year on new policies 122 79337 on old policies 23076909 353562 46 Total Deduction during the year as follows Amount of notes loans or liens re deemed by maker in cash 325614 72 Balance note assets at end of the year Business in the State of Georgia During 1900 dumber and amount of policies on the lives of citi zens of Georgia in force December 31 of previous 2808393 95 570445 18 3378839 13 year Number and amount of policies on the lives of citi zens of Georgia issued during the year 952 231 Total 1186 Deduct number and amount which have ceased to bs in force during the year 131 Total number and amount of policies in force in Georgia December 31 1900 IO55 Amount of losses and claims on policies in Georgia incurred during the year 23 Total Amounts of losses and claims on policies in Georgia paid during the year 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 Ans Cash 5565581 notes or credits 367897 total 5933478 11 cg 23 18 419454 03 325614 72 93839 31 Amount 2159557 00 474662 00 2634219 00 296564 50 2337654 50 58539 00 58539 00 39539 007 2Xo COMPTROLLERGENERALS REPORT BUSINESS IN GEORGIA FOR YEAR ENDING APRIL 30 1901 Insurance in force 2414054 50 Premiums 0215 86 Losses 37539 00 Tax 021 57 FRANKLIN LIFE INSURANCE COMPANY OF SPRINGFIELD ILL Alfred Orendorff President J C Roseiserry Secretary Principal Office Fifth and Monroe Springfield Illinois W A Wright Atlanta Attorney for Service in Georgia ICAPITAL STOCK Amount of Net or Ledger Assets December 31 of previous year 931108 70 Extended at 031108 70 IIINCOME DURING YEAR 1900 1 Cash received for premiums on new policies without deductions for commissions or other expenses f 231542 78 1 Cash received for renewal premiums without deduc tions for commissions or other expenses 300111 32 3 From Dividends applied to pay running premiums see item 11 disbursements 3730 75 Total in 85 ti Deduct amount of premiums paid to other Companies Cor reinsurance on policies in this Companynew business 605447 renewalsl59910 7653 57 Total premium income 527737 28 8 ash received for nteresl on Mortgage Loans 0054 70 9 Cash received for Interest on Bonds owned and dividends on Stock 2498 50 10 Cash received for nteresl on Premium Notes Loans or Liens 22tin 02 11 Cash received for Interest on other debts due the Company 501 95 13 Cash received for Rents for use of Com panys property 1 IH7 00COMPTROLLERGENERALS REPORT 19 From all other sources viz Security Fund 168300 Trust Fund 608669 Policy Lien Notes 16966521 Total Income 177434 90 Total IIIDISBURSEMENTS DURING YEAR 1900 J Cash paid for death claims in cluding Revisionary Addi tions 214215 62 2 Premium Notes Loans or Liens used in payment of the same 8224 44 Total 222440 06 Deduct amount received from other Companies for Losses or Claims on Policies of this company reinsured of which is for matured en dowments n390 00 Total net amount actually paid for Losses and Matured Endow ments Premium Notes Loans or Liens used in purchase of Surrendered Policies voided by lapse Cash dividends applied to pay running premiums see item 3 income Surrender values paid in cash Total paid policyholders 31337184 Cash paid for Commissions and Bonuses to Agents less commission on reinsur ance new Policies 12627392 Renew als 2143028 Cash paid for Salaries and Allowances to Managers and Agents Cash paid for Medical Examiners fees 1397774 inspection of risks 666571 20 Gash paid for Salaries and all other com pensation of Officers and other Home Of fice employes 21 Cash paid for Taxes on new Premiums 2 ash paid for Taxes on Investments 23 Cash paid for Insurance Department fees and Agents licenses 358480 muni cipal licenses 100 24 i lash paid for Real 26 Cash paid for Furniture Fixtures and Safes for Home and Agency Offices 11 18 19 211050 06 92458 51 6126 52 6126 52 147704 20 16766 39 20643 15 33777 88 3506 11 1971 II 3684 80 2551 00 233 00 211 738327 44 1669436 20212 COMPTROLLERGENERALS REPORT 27 Cash paid for Advertising 22790 Print ing 995295 28 Cash paid for real estate expenses other than taxes 61030 for legal expenses 270680 29 Cash paid for the following items viz Postage 248583 loss on securities 480000 Collection 100118 Internal Revenue 397590 Miscellaneous Ex penses 258040 Total Miscellaneous Expenses 25983859 30 Total disbursements 31 10180 85 3317 10 15503 37 573210 43 Balance 1096225 Invested in the following IVASSETS AS tBR LEDGER ACCOUNTS 1 Cost value of Real Estate exclusive of of all Incumbrances 14340 41 2 Loans on Mortgage flirst liens on Real Estate 152200 00 5 6 Premium Notes Loans or Liens on Policies in force 804433 79 6 c Cost value of Bonds and Slocks owned excluding accrued interest at time of purchase 62016 00 8 Cash deposited in Hanks 49375 10 10 Agents Ledger Balances 11260 47 Certified Check 2600 00 11 Total net or ledger assets as per balance above 1096225 77 12 Deduct depreciation from cost of sssets to bring same to market value 480 00 Total Net or Ledger Assets less de preciation 1095739 77 OTHER ASSETS II Interest due 103500 and accrued 278653 on Mortgages 3821 53 15 Interest due 6000 and accrued 1449 on Bonds and Stocks 204 99 17 Interest due 1912529 on Premium Notes Loans or Iiens 1912 29 19 Rents due 13800 on Companys property or lease 138 00 otal carried out 20 Market value of Real Estate over cost 23289 SI 11059 59COMPTROLLERGENERALS REPORT New Business Renewals 213 23 Gross Premiums due and unre ported on Policies in force December 31 1900 37183 79 24 Gross deferred Premiums on Policies in force December 31 1900 Totals Deducting loadingper cent on new and on per cent renewals 287 92 37471 71 20884 97 10330 85 19809 13 30199 98 4249 65 10580 74 20 Net amount of uncolleeted and deferred Premiums Extended 27 Furniture Fixtures and Safes 100000 28 Total assets as per books of the company 31950 33 48537 07 1000 00 1180220 24 ITEMS NOT ADMITTED 2 Furniture Fixtures and Safes 100000 1000 00 5 Agents Balances unsecured 214 19 8 Deferred Premiums and Premium Notes and Liens in excess of Reserve and Com missions on Premium Notes when paid 108592 70 Total 9 Total asseis less items not admitted 109806 95 1010419 29 VLIABILITIES 1 Net Present Value of all the outstanding Policies in force on the 31st day of De cember 1900 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 Net Reinsurance Reserve 5 Claims for Death Losses and Matured En dowments in process of adjustment or adjusted and not due 0 Claims for Death Loses and other Policy Claims resisted by the Company 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 782849 03 3882 00 778907 63 13517 32 OI KM 00 19517 32 4023 18 802508 13 217911 16 19 Total Liabilities 1010419 29m 214 COMPTROLLERGENERALS REPORT BUSINESS IN GEORGIA DURING 1900 Total number and amount of Policies in force in Georgia De cember 31 1000 13 24022 00 What amount of Premiums was collected or secured in Georgia during the year in cash and notes without any deduction for losses dividends commissions or other expenses Answer Cash 53280 Notes or CreditsTotal 53280 BUSINESS IN GEORGIA FOR YEAR ENDING APRIL 30 1901 Insurance in force 231295 00 Premiums 4368 70 Losses Tax 43 19 THE GERMANIA LIFE INSURANCE COMPANY OF NEW YORK Cornelius Doremus President Hubert Cillis Secretary Principal Office 20 Nassau Street New York City ICAPITAL STOCK 1 Amount of Capital Stock paid up in cash 200000 00 a Amount of Net or Ledger Assets De cember 31 of previous year25193152 29 Extended at 25193452 29 nincome during year 1900 1 Cash received for premiums on new policies without deduc tions for commissions or other expenses 400650 47 1 Cash received for renewal premiums without deduc tions for commissions or other expenses 2896210 74 3 Prom dividends applied to purchase paidup additions and annuities see item 12 dis bursements 36623 71 4 From surrender values ap plied to purchase paidup in surance and annuities see item 15 disbursements 11562S 63 5 Consideration for Annuities other than matured install ment policies 11590 60 Total 3460704 15 Deduct amount of premiums paid to other companies for re insurance on policies in this Company renewals 5327 5327 00I COMPTROLLERGENERALS REPORT 215 7 Total premium income 3455377 15 o Cash received for Interest on Mortgage Loans 687534 64 9 Gash received for Interest on Bonds owned and dividends on Stock 298500 89 in Cash received for Interest on Premium Notes Loans or Liens 80944 30 11 Cash received for Interest on other debts due the Company 9545 31 13 Cash received for Rents for use of Com panys property including 2776000 for Companys own occupancy 172805 97 16 From dividends and surrender values on reinsurance 4276 60 10 From all other sources viz Policy fees 1805 14 Total Income 4710790 00 Total 29904242 29 IIIDISBURSEMENTS DURING YEAR 1900 1 Cash paid for death claims in cluding Revisionary Addi tions 1134936 60 3 Cash paid for Matured Endow ments and additions thereto 792712 08 Total 1927648 68 li Deduct amount received from other Companies for Losses or Claims on Policies of this company reinsured of which 2000000 is for Matured Endowments 20000 00 7 Total net amount actually paid for Losses and Matured Endowments 1907648 68 8 Cash paid to Annuitants 26466 85 10 Cash dividends paid Policyholders on Paid up Policies 28426 35 11 Cash dividends of 1900 applied to pay run ning premiums see item 3 income due in 1900 148878 05 12 Cash dividends applied to purchase paidup additions and annuities seeitem3J income 36623 71 13 Surrender values paid in cash 259299 80 15 Surrender values applied to purchase paid up insurance and annuities see item 4J income 115628 63 Total paid policyholers 252297207 16 Cash paid stockholders for interest and and dividends 24000 00215 COMPTROLLERGENERALS REPORT 18 19 20 21 22 23 24 26 28 29 30 31 Cash pair for Commissions and Bonuses to agents less commissions on reinsur ance new policies 24411778 re newals 12618803 370305 81 Cash paid for salaries and allowances to managers and agents 162540 00 Cash paid for Medical Examiners fees inspection of risks 80240 68 Cash paid for salaries and all other compensation of officers and other home office employes 105051 81 Cash paid for taxes on new premiums and on renewals 2018901 total 20189 01 Cash paid for taxes on Reserves 43122 on real estate 3304263 in ternal revenue 382262 37298 47 Cash paid for insurance department fees and agents licenses 185104 municipal and State licenses 192310 3774 14 Cash paid for rent including 27760 00 Companys occupancy less re ceived under sublease 27760 00 Cash paid for commuting Commis missions 113S 98 Cash paid for furniture fixtures and safes for home and agency offices 1841 61 Cash paid for advertising 1755194 printing and stationery 1020861 postage 145768 29218 23 Cash paid for real estate expenses other than taxes 6563012 for legal expenses 431162 69941 74 Cash paid for the following items viz losses on sales of real estate 177105 on sales of securities 702500 ex pressage exchange and other expenses 3733088 46126 93 Total miscellaneous expenses 920425 47 Total disbursements 3452397 54 Balance 20451844 75 Invested in the following IV ASSETS AS PER LEDGER AOCOtXTS 1 Cost value of real estate exclusive of all incum brances 2656796 55 2 Loans on mortgage first liens on real estate 14296062 43 4 Loans made in cash to policyholders on this companys policies assigned as collateral 1390268 60COMPTROLLERGENERALS REPORT 217 6 Cost value of bonds and stocks owned exclud ing accrued interest at time of purchase 7181536 87 7 Cash in companys office 858729 cash in transit 16405016 since received 172637 45 8 Cash deposited in banks 454542 85 11 13 Total net or ledger assets as per balance above26451844 75 Total net or ledger assets less depreciation 26451814 75 OTHER ASSETS 14 Interest due 528750 and accrued 243 71305 on mortgages 249000 55 15 Interest due and accrued 5799799 on bonds and stocks 57997 99 17 Interest due 206035 and accrued on pre mium notes loans or liens 2060 35 19 Rents due 74733 and accrued 539583 on companys property or lease 6143 16 Total carried out 20 Market value of real estate over cost 21 Market value of bonds and stocks over cost New Business 23 Gross premiums due and unre ported on policies Dec 31 1900 24 Gross deferred premiums on policies in force Dec 31 1900 Totals 25 Deducting cost of collection 55 per cent on new and 5 per cent on renewals 6630 87 25088 27 31719 14 Renewals 184703 19 314361 33 499067 52 17445 53 24953 38 26 Net amount of uncollected and deferred premiums Extended 14273 61 474114 14 315202 05 61034 6 62064 12 488387 28 Total assets as per the books of the company 27378533 30 ITEMS NOT ADMITTED 9 Total assets less items not admitted VLIABILITIES 1 Net present value of all the outstanding policies in force on the 31st day of Dec 1900 com puted according to the actuaries itable of mortality with 4 per cent interest2365353S 00 Deduct net value of risks of this company reinsured in other solvent companies 30234 00 27378533 30 Net reinsurance reserve 3 Claims for death losses due and unpaid 5651 03 23623304 21 COMPTROLLERGENERALS REPORT 4 Claims for matured endowments due and un paid 2964 99 5 Claims for death losses and matured endow ments in process of adjustment or adjusted and not due 130962 81 6 Claims for death losses and other policy claims resisted by the company 13312 34 7 Amounts due and unpaid on annuity claims 2361 15 Total policy claims Amount of all unpaid dividends of surplus or other de scription of profits due policyholders 16 Amount of any other liability of the company viz Pre miums paid in advance 1294716 net value of policies lapsed liable to be surrendered or reinstated 537926 extra reserve for absolute dividend tontine war and world policies 8333376 30 155252 32 602 ti 88 101660 18 17 Liabilities on policyholders account 18 Gross surplus on policyholders account 23910516 38 3438016 92 19 Total liabilities 20 Estimated surplus accrued on tontine or other policies the profits upon which are espec ially reserved for that class of policies 742760 29 21 Estimated surplus accrued on all other policies 2495256 63 Capital stock paid up 200000 00 27378533 30 Business in Georgia During 1900 No Number and amount of policies on the lives of citizens of Georgia in force Dec 31 of previous year paidfor basis 105 Number and amount of policies on the lives of citizens of Georgia issued during the year 50 Total 155 Deduct number and amount which have ceased to be in force during the year 26 Total number and amount of policies in force in Georgia Dec 31 1900 129 Amount of losses and claims on policies in Georgia incurred during the year 2 Total 2 Amount of losses and claims on policies in Georgia paid during the year 2 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 ex penses Answer cash 619060 notes or credits total 619060 Amount 166402 00 64500 00 230902 00 40487 00 190415 00 2487 00 2487 00 2487 00COMPTROLLERGENERALS REPORT 219 BUSINESS IN GEORGIA FOB YEAH ENDING APRIL 30 19U1 Insurance in force 188802 00 Premiums 6228 55 Losses 2487 00 Tax 62 29 HARTFORD LIFE INSURANCE COMPANY OF HARTFORD CONN George E Keeney President Ciiaries H Bacall Secretary Principal office 252 Asylum Street Hartford Conn R H Milledge Atlanta Attorney for Service in Georgia icapital stock 1 Amount of capital stock paid up in cash 500000 00 Amount of net or ledger assets December 31 of previous year 2718271 00 Increase of capital during 1900 250000 00 Extended at 2968271 00 IIINCOME DURING YEAR 1900 1 Cash received for premiums on new policies without deductions for commis sions or other expenses 310980 61 1J Cash received for renewal premiums without de ductions for commissions or other expenses 1890772 58 3 From dividends applied to pay running premiums see item 11 disburse ments 414 04 0 Total 2202173 23 Deduct amount of premi ums paid to other Com panies for reinsurance on policies in this Com pany new business 1 54941 renewals 16396 1713 37 Total premium income 2200459 7 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 J1 Cash received for interest on other debts due the Company 86 11934 73 21969 31 4914 2 51949 09220 COMPTROLLERGENERALS REPORT 13 14 19 Cash received for rents for use of Com panys property including 350000 for Companys own occupancy 13519 09 Cash received for profits on sales of bonds or stocks 10625 real estate 1520 421 45 From all other sources viz Increase in book value of real estate being about onehalf of the appreciation shown by the recent appraisal made by the Con necticut and Missouri insurance depart ments 1222188 advance payments 064485 safety fund deposits 2017086 39037 59 Total income Total IIIDISBURSEMENTS DURING YEAR 1900 Cash paid for death claims 1659649 88 Total 1659649 88 Deduct amount received from other companies for losses or claims on poli cies of this company re insured 7043 00 8 10 11 13 Hi 17 18 19 20 1652606 88 6548 49 9010 67 50468 12 3135 00 Total net amount actually paid for losses and matured endowments Advance payments used Cash dividends paid policyholders Cash dividends applied to pay running premiums see item 3 income Surrender values paid in cash Total paid policyholders 172176916 Cash paid stockholders for interest on dividends 30000 00 Cash paid for commissions and bonuses to agents less commission on rein surance new policies 21657097 re newals 3736512 253936 09 Cash paid for salaries and allowances to managers and agents 66633 70 Cash paid for medical examiners fees 3326210 inspection of risks 4 01077 37272 87 Oash paid for salaries and ail other com pensation of officers and other home office employes 82433 85 Cash paid for taxes on new premiums 388 91 on renewals 1660087 on franchise 41500 interest received H18306 28587 84 2344205 33 5312476 33COMPTROLLERGENERALS REPORT 221 23 24 22 Cash paid for taxes on reserves 60820 Taxes on real estate Cash paid for insurance department fees and agents licenses 511950 munic ipal licenses 23081 Cash paid for rent including 3500com panys occupancy Cash paid for advertising 834784 printing and stationary 1593521 postage 898940 Travel 4855 68 office 1326896 Cash paid for real estate expenses oth er than taxes 149156 for legal ex penses 4984 65 Losses on sale of real astate Cash paid for the following items viz Paid stockholders dividend from stockholders surplus and repaid by them to incraese capital stock Increase of capital 250000 00 Total miscellaneous expenses 58665522 Total disbursements 2 558424 38 28 29 30 603 20 3681 00 5350 31 14233 55 33272 45 18124 64 6476 21 6044 51 250000 00 31 Balance 2754051 95 Invested in the following IVASSETS AS PER LEDGER ACCOUNTS 1 Cost value of real estate exclusive of all incumbrances 26110193 2 Loans on mortgage first liens on real estate 298320 00 3 Loans secured by pledge of bonds stocks or other marketable collater als 700 00 4 Loans made in cash to policyholders on this companys policies assigned as collateral 53931 00 5 Premium notes loans or leins on poli cies in force received during the year 50173 93 6 Cost value of bonds and stocks owned excluding accrued interest at time of purchase 471941 07 7 Cash in companys office 8778 40 8 Cash deposited in banks 414575 79 0 Bills receivable 1000 00 30 Safety funds in security company of Hartford 1194 529 14 Total 2755051 95 Agents credit balances 1000 00COMPTROLLERGENERALS REPORT 11 Total net or ledger assets as per bal ance above 2754051 95 12 Deduct depreciation from cost of as sets to bring same to market value 81960 00 13 Total net or ledger assets less depreciation OTHKE ASSETS 14 Interest accrued on mortgages 4548 92 15 Interest accrued on bonds and stocks 0474 18 16 Interest accrued on collateral loans 1562 94 17 Interest accrued on premium notes loans or liens 325 50 18 Interest accrued on other assets 2006 06 19 Rents accrued on companys property or lease 1142 90 Total carried out 20 Market value of real estate over cost 21 Market value of bonds and stocks over cost New Business 23 Gross premiums due and unre ported on policies in force December 31 1900 24 Gross deferred premiums on policies in force December 31 1900 lieiiown Is 19074 OS Totals Deducting loading 60 per cent on new and 6 per cent on renewals Net amount of uncollected and deferred premiums 74807 47 74807 47 44884 48 29922 99 15862 34936 81 2096 21 32 840 60 Extended Premiums in course of collec tion safety fund department 2672091 95 16120 50 10903 07 15936 26 62763 59 349000 00 28 Toal assets as par the books of the company Items not Admitted Bills receivable Total assets less items not admitted V LIABILITIES Net present value of all the outstanding poli cies in force on the 31st day of December 1900 computed according to the actua ries table of mortality with four percent interest Deduct net value of risks of this com pany reinsured in other solvent companies Net reinsurance reserve 3126815 37 looo oo 3125815 37 358031 00 3654 00 354377 01 COMPTROLLERGENERALS REPORT 223 2 Premium notes or loans on policies and other obligations in excess of the net value of their policies 247 00 5 Claims for death losses and matured endow ments in process of adjustment or ad justed and not due S F department 393750 00 Stock department 22 900 00 Death losses which have been reported and no proofs received 0000 00 6 Claims for death losses and other policy claims resisted by the company S F de partment 0000 00 Total policy claims 428897 00 10 Amount of all unpaid dividends of surplus or other description of profits due policy holders 2255 65 13 Amount due on account of salaries rents and office expenses 2861 E0 15 Net safety funds in Security Company 1 112 569 11 16 Amount of any other liability of the Com pany viz premiums paid in advance 2953 01 Reserve on safety fund policies 230220 Mortuary funds in addition to reserve 11149536 341715 36 17 Liabilities on policyholders account 2245 623 66 18 Gross surplus on policyholders account 880 186 71 19 Total liabilities 3125815 37 BUSINESS IN GEOBOIA DUBINGt 1900 No Amount Number and amount of po icies on the lives of citizens of Georgia in force December 31 of previous year 1520 3458000 Number and amount of policies on the lives of citizens of Georgia issued during the year 326 514600 Total 1846 3972600 Deduct number and amount which have ceased to be in force during the year 410 807000 Total number and amount of policies in force in Georgia December 31 1930 1436 3165601 Amount of losses and claims on policies in Georgia un paid December 31 of previous year 3 7000 Amount of losses and claims on policies in Georgia in curred during the year 22 44000 Total 25 51000 Amount of losses and claims on policies in Georgia paid during the year 19 36000 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 8101757 224 COMPTROLLERGENERALS REPORT Business in Georgia for Year ending April 30 1901 Insurance in force 3229200 00 Premiums 79533 52 Losses 43902 00 Tax 795 33 HOME LIFE INSURANCE COMPANY OP NEW YORK N Y George E Ide President Ellis W Gladwin Secretary Principal office 256 Broadway New York N Y W A Weight Atlanta Attorney for Service in Georgia ICAPITAL STOCK 1 Amount of capital stock paid up in cash 125000 00 Amount of net or ledger assets December 31 of previous year 10822249 07 Extended at 10S2z249 67 IIINCOME DURING YEAR 1900 1 Cash received for premiums on new policies without deduc tions for commissions or other expenses 336837 51 H Cash received for renewal pre miums without deductions for commissions or other expenses 1440699 77 2 Premium notes loans or Hens taken in part payment for pre miums on new policies1243 98 21 Premium notes loans or liens taken in part payment for re newal premiums 84358 29 3 From dividends applied to pay running premiums see item 11 disbursements 28107 36 3J From dividends applied to pur chase paidup additions and annuities see item 12 dis bursements 122844 99 4 From surrender values applied to pay running premiums see item 14 disbursements 53 50 44 From surrender values applied to purchase paidup insurance and annuities see item 15 disbursements 21086 00 5 Consideration forannuitiesother than matured installment pol icies 11363 07 Total2047195 37COMPTROLLERGENERALS REPORT 225 Deduct amount of premiums paid to other companies for re insurance on policies in this company renewals1138045 Total premium income 11380 45 premium 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 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 2400000 for compa nys own occupancy 19 From all other sources 2035814 92 186390 67 215158 40 31755 78 45207 91 228 33 73424 31 323 60 Total income Total III DISBURSEMENTS DURING YEAR 1900 1 Cash paid for death claims in cluding revisionary additions 497476 70 2 Premium notes loans or liens used in payment of the same 20257 17 3 Cash paid for matured endow ments and additions thereto 139031 11 4 Premium notes loans or liens used in the payment of same 4067 39 Total 660832 37 7 Total net amount actually paid for losses and matured endowments 8 Cash paid to annuilants 9 Premium notes loans or liens used in pur chase of surrendered policies 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 premiums see item 3 income 12 Cash dividends applied to purchase paidup additions and annuities see item 3 in come 13 Surrender values paid in cash 14 Surrender values applied to pay running pre miums see item 4 income 15cg 660832 37 22094 80 21311 72 22463 96 4383 51 28107 36 122844 99 93359 61 53 50 258S303 92 13410553 59226 COMPTROLLERGENERALS REPORT 15 16 17 18 19 20 21 22 23 24 25 27 28 29 Surrender values applied to purchase paid up insurance and annuities see item 4 income Total paid policyholders 99713782 Cash paid stockholders for interest or divi dends Cash paid for commissions and bonuses to agents less commission on reinsurance new policies 17827190 renewals 110 44965 on annuities 33544 Cash paid for salaries and allowances to managers and agents Cash paid for medical examiners fees 29 752 50 inspection of risks 155448 Cash paid for salaries and all other compen sation of officers and other home office employes Cash paid for taxes on new premiums and on renewals Cash paid for taxes on reserves 91190 on investments 5 00 Cash paid for insurance department fees and agents licenses 187890 municpal and State licenses 166336 Cash paid for rent including 2400000 com panys occupancy Cash paid for commuting commissions Cash paid for advertising 72S270 print ing 1512226 postage 288000 Cash paid for real estate expenses other than taxes 3025104 for legal expenses 8 83421 Cash paid for the following items viz trav eling expenses 232303 internal revenue 788737 office expenses and directors fees 964992 exchange 126404 taxes on real estate 1526580 losses on sales of securities 2577488 Total miscellaneous expenses 723116 45 Total disbursements 21686 00 15000 00 289056 99 94317 01 31306 98 95482 61 18919 80 916 90 6542 26 24000 00 21038 65 25284 96 39085 25 62165 04 1720254 27 Balance 11690299 32 Invested in the following IVASSETS AS PEE LEDGDR ACCOUNTS 1 Cost value of real estate exclusive of all in cumbrances 1645231 86 2 Loans on mortgage first liens on real estate 3708785 00 3 Loans secured by pledge of bonds stocks or other marketable collaterals 33500 00COMPTROLLERGENERALS REPORT 227 4 Loans made in cash to policyholders on this companys policies assigned as collateral 572819 38 5 Premium notes loans or liens on policies in force of which 124398 was received dur ing the year 507636 43 6 Cost value of bonds and stocks owned ex cluding accrued iuterset at time of pur chase 4836470 92 7 Cash in companys office 1 245 33 8 Cash deposited in banks 347255 49 10 Agents ledger balances 37354 91 11 Total net or ledger assets as per balance ave 11690299 32 13 Total net or ledger assests less depreciation 11690 299 32 OTHER ASSETS H Interest due and accrued on mortgages 15 Interest due and accrued on bonds and stocks 16 Interest due and accrued on collateral loms 18 Interest due and accrued on other assets 19 Rents due and accrued on companys prop erty or lease 20883 13 39815 ID 254 08 713 05 5564 60 Total carried out 20 Market value of real estate over cost 21 Market value of bonds and stocks over cost 394 New Business Renewals 23 Gross premiums due and unre ported on policies in force De cember 31 1900 53311 b9 94918 06 24 Gross deterred premiums on pol icies in force Deceraber311900 24687 70 104297 43 67230 06 95516 68 634 04 Totals 25 Deduct loading 521103o per cent on new and 7Vr per cent on renewals 77999 39 41129 08 199215 49 14164 22 26 Net amount of uncollected and deferred premiums 36870 31 185051 27 221921 58 28 Total assets as per the books of the company 12 379 601 68 37351 91 ITEMS NOT ADMITTED 5 Agents balances Total 9 Total assets less items not admitted 12312 246 77 37354 91228 COMPTROLLERGENERALS REPORT VLIABILITIES Net present value of all the outstanding pol icies in force on the 31st day of December 1900 computed according to the actuaries table of mortality with four per cent interest 10901699 00 Deduct net value of risks of this com pany reinsured in other solvent com panies 32050 00 10 16 Net reinsurance reserve 10869049 IH Claims for death losses and matured endow ments in process of adjustment or adjusted and not due 64344 00 Claims for death losses and other policy claims resisted by the company 29000 00 Amount due and unpaid on annuity claims 25 00 Present value of unpaid amounts on matured installment policies face 1750000 S13 76100 included in item 1 of liabilities Total policy claims 93369 00 Amount of all unpaid dividends of surplus or other descrip tion of profits due policyholders 4368 1 Amount of reserve on policies cancelled and not included in item 1 upon which a surrender value may b demanded 78S4 00 Amount of any other liability of the company viz Pre miums paid in advance S1911256 to meet possible fluctuations on price of securities and other contingencies 6687600 84987 56 17 IS 19 Liabilities on policyholders account 11059658 4 Gross surplus on policyholders account 1282588 30 Total liabilities 12342246 77 VIPREMIUM NOTE ACCOUNT Premium notes loans or liens on hand De cemrer 31 of previous year Premium notes loans or liens received dur ing the year on new policies 124398 on old policies 84 35829 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 lien used in purchase of surrendered policies Amount of notes loans or liens used in payment of dividends to policyholders Amount of notes loans or liens redeemed by maker in cash Balance note assets at end of the year 506 85602 5918 24324 56 21311 72 22403 96 16138 13 84238 37 50763 43COMPTROLLERGENERALS REPORT Business in Georgia During 1900 dumber and amount of policies on the lives of citizens of Geor gia in force December 31 of previous year 151 Number and amount of policies on the lives of citizens of Geor gia issued during the year 119 Total 270 Deduct number and amount which have ceased to be in force during the year 37 Total number and amount of policies in force in Georgia December 31 1900 233 No Amount of losses and claims on policies in Georgia incurred during the year 3 229 Amount 377317 205187 582504 73355 509149 Amount 6000 6000 Total 3 Amount of losses and claims on policies in Georgia paid during the year 1 1001 What amount of premiums was collected or secured in Georgia during the year in cash and notes or credits without any deduction lor losses divi dends commissions or other expenses Answer Cash 1416699 notes or credits 136052 total 1552751 BUSINESS IN GEORGIA FOR YEAR ENDING AIRIL 30 1901 Insurance in force 551649 00 Premiums 19255 76 Losses 6000 00 Tax 192 56 ILLINOIS LIFE INSURANCE COMPANY James W Stevens President Edward D Stevens Secretary Home Office 134 Monroe Street Chicago 111 Walter Morrow Tallapoosa Ga Attorney for Service in Georgia 1capital stock 1 Amount of Capital Stock au thorized100000 2 Amount of Capital paid up in Cash 100000 Amount of net ledger assets De cember 31of previous year 167569 08 Extended at167569 OS II INCOME DURING THE YEAR As shown by the Books at Home Office at Close of Business December SI 1900 1 First years premiums except items 3 and 5 less interest included in deferred premi ums 7779555 and 133103 for first years reinsurance 76464 52230 COMPTROLLERGENERALS REPORT 2 Renewal premiums except items 3 and 5 less interest included in deferred premi ums 14095558 and 82706 for renewal reinsurance 140128 52 9 Total premium income 216593 04 11 Interest on Loans on mortgages of real estate 4428 43 12 Interest on collateral loans in cluding premium notes loans or liens 4844 40 13 Interest on bonds and divi dends on stock 2090 83 14 Intereston other debts due the Company and on deposits in banks 1231 66 15 Discount on claims paid in ad vance Int on deferred premiums 2618 63 Total rents and interest 15213 95 17 Ledger assets other than pre miums received from other companies for assuming their risks 18194 73 18 From other sources viz profit and loss account must be itemized profit and loss C M Bickford 5 00 Policy lien notes 81552 67 Total income during the year 331559 39 Sum of both amounts 499128 47 III DISBURSEMENTS DURING TITE YEAR As showyi by the Books at Home Office at Close of business December 311900 1 For death claims 86661 22 3 Installment death claims additions total disability 515 83 Total 87177 05 Total net amount actually paid for losses and matured endowments 87177 05 11 Surrender values paid 170 51 Total paid policyholders 8734756 87347 56 14 Paid stockholders for interest or dividends amount de clared during the year 7000 00COMPTROLLERGENERALS REPORT 231 Jo Commissions and bonuses to agents less commission re ceived on reinsurances new Policies 42500 83 Renewal policies 1830161 60805 44 17 Salaries and a 11 o w a n c e s for agents including managers agents and clerks 3250 00 18 Salaries and all other compensa tion Officers 16763 20 Home office employes 8917 50 25700 70 19 Medical Examiners fees 592760 20 Taxes on new premiums 186 95 Plant 19 04 Municipal licenses 59 00 255 99 21 Taxes on real estate in vestment expense 05 00 22 Insurance department fees and agents licenses 776 06 23 Repairs and expenses other than taxes on real estase investigating claims 399 35 24 Rent Home office 3025 00 For agents offices 1647 67 4672 67 25 Advertising 5704 46 Printing and stationery 2027 61 Postage 1890 41 9622 48 26 Legal expenses 861 49 28 All other items viz traveling expense 1299 20 Expense account 3286 26 Col of premiums 1809 97 Revenue stamps 2536 44 7632 67 128268 65 Total miscellaneous expenses 12826865 Total disbursements 215616 21 Balance 283512 26 Invested in the following IV LEDGER ASSETS As per Ledger Accounts shown by the Books at Home Office at Close of Business December SI 2 Mortgage loans on real estate first liens 82236 35 4 Loans made to Policy Holders on this Companys policies assigned as collateral 96079 77 6 Book value of bonds excluding interest 18812 50 Stocks 15100 00 33912 50232 COMPTROLLERGENERALS REPORT 7 Cash in Companys office 1811 37 Deposited in banks Commer cial Exchange National bank 25147 73 26959 10 Certificates of deposit 18812 4900 18813 5600 German Savings Bank Dav enport Iowa 10500 00 Furniture and fixtures 6181 66 8 Bills receivable agents debit balances 3012191 30121 91 Total 285991 29 Deduct Ledger Liabilities 9 Agents credit balances 2479 03 Total net ledger assets as per balance above 283 512 26 NonLedger Assets 10 Interest due and accrued on mortgages 1118 49 11 Interest due and accrued on bonds and stocks 405 00 15 Rents due and accrued on Com panys property or lease 1523 49 New Business Renewals 18 Gross premiums not more than three months due after a pe riod of grace unreported on policies outstanding Decem ber 31 27439 60 8448 52 19 Gross deferred premiums on Policies outstanding Dec 31 34102 43 32712 40 20 Totals 01542 03 41100 92 21 Deduct costof collection 60 per cent on new 5 per cent on renewals 36925 21 2058 04 27 Net amount of all uncollected and deferred premiums 24616 82 39102 88 63719 70 Gross Assets 34S7v 45 Deduct Assets not Admitted 2 Supplies printed matter sta tionery furniture fixtures safe etc 6181 60 3 Commuted commis s i o n s Agents debit balances not secured by bonds 4574 titiCOMPTROLLERGENERALS REPORT 233 11 Premium notes or loans and net premiums in item 22 in excess of reserve on policies 34937 47 Total 45693 79 Total admitted assets 303001 60 V NOXLBDGER LIABILITIES As shown by the Books at the Home Office at Close 1 Net present value of all the outstanding policies in force on the 31st day of December 1900 as computed by the com pany according to the actu aries table of mortality with four per cent interest of Business December 31 160001 00 Total Deduct net value of risks of this company reinsured in other solvent companies Net reserve Death losses in process of ad justment or adjusted and not due Death losses and other policy claims resisted by the com pany not yet outlawed Gross policy claims Net policy claims Salaries rents expenses taxes bills accounts bonuses com missions medical and legal fees etc due or accrued 12 Premiums paid in advance Liability on Policyhold ers account Gross divisible surplus Capital stock paid up Total 166001 00 1145 00 5500 00 2000 00 7500 00 7500 00 10295 56 80225 03 19607 85 100000 00 Gross divisible surplus 19607 85 Business in Georgia During the said Year Number and amount of policies on the lives of citizens of said State in force December 31 ofprevious year Number and amount of policies on the lives of citizens of said State issued during the year No 164856 00 183453 81 119607 85 303061 66 Amount 99 131500 59 92500 Total 158 224000234 COMPTROLLERGENERALS REPORT Deduct number and amount which have ceased to be in force during the year 27 30500 Total number and amount of policies in force in said state December 31 last 131 187500 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 commis sion or other expenses Answer Cash 434743 Total 434743 BUSINESS TN GEORGIA FOR YEAR ENDING APRIL 30 1901 Insurance in force 278 000 00 Premiums 0145 16 Tx 61 45 MANHATTAN LIFE INSURANCE COMPANY OF NEW YORK H B Stokes President J H Gifpin Secretary Principal Office 66 Broadway James R Prince Atlanta Ga Attorney for Service in Georgia ICAPITAL STOCK 1 Amount of capital stock paid up in cash 100000 00 Amount of net or ledger assets December 31 of previous year14731080 72 Agents balances and commuted commis sions not heretofore carried as ledger assets See last statement 21518177 Extended at14946265 4 IIINCOME DURING YEAR 1900 1 From premiums on new pol icies without deductions for commissions or other ex penses 256652 30 1 h From renewal premiums with out deductioas for commis sions or other expenses1581522 88 3 From dividends applied to pay running premiumns see item 11disbursements 41382 41 3J From dividends applied to purchase paidup additions and annuities vsee item 12 disbursements 1224 04 4 From surrender values ap plied to pay running pre miums see item 14 dis bursements 25755 89COMPTROLLERGENERALS REPORT 235 4 From surrender values ap plied t purchase paidup in surance and annuities see item 15 disbursements 68784 36 Consideration for annuities other than matured install ment policies 4112 05 Total 1979433 93 Deduct amount of premiums paid to other companies for reinsurance on policies in this company new business 813264 renewals 960964 17742 28 i 8 Total premium income 1961691 65 Cash received for interest on mortgage loans 222269 63 9 Cash received for interest on bonds owned and dividends on stock 181510 44 10 Cash received for interest on premium notes loans or liens 64248 70 11 Cash received for interest on other debts due the company 83994 12 13 Cash received for rents for use of com panys property 220150 38 14 Cash received for profits on sales of bonds or stocks 50275 26 16 From dividends and surrender values on reinsurances 3564 12 17 Premium notes loans or liens restored by revival of policies 1235 14 19 From all other sources 5662 01 Total income 2794601 45 Total 17740866 94 IIIDISBURSEMENTS DURING YEAR 1900 1 Cash paid for death claims 1116550 65 including revisionary ad ditions 2 Premium notes loans or liens used in payment of the same J 3 Cash paid for matured endow ments and additions thereto 126048 00 Total1242598 65 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 voided by lapse 1242598 65 11065 98 18870 07236 COMPTROLLERGENERALS REPORT 10 Cash dividends paid policyholders 9556 01 11 Cash dividends applied to pay running pre miums see item 3 income 413S2 41 12 Cash dividends applied to purchase paid up additions and annuities see item 3J income 1224 04 13 Surrender values paid in cash 141696 95 14 Surrender values applied to paying run ning premiums see item 4 income 25755 89 15 Surrender values applied to purchase paid up insurance and annuities see item 4J income 68784 86 Total paid policyholders 156093496 U Cash paid stockholders for interest or div idends 16000 00 17 Cash paid for commissions and bonuses to agents less commission on reinsurance new policies 914884169 renewals 85 63815 on annuities 20560 234685 44 18 Cash paid for salaries and allowances to managers and agents 75140 91 19 Cash paid for medical examiners fees 3789850 inspection of risks 206675 39965 25 20 Cash paid for salaries and all other com pensation of officers and other home of fice employes 100399 5S 21 Cash paid for taxes on new premiums and on renewals 1807171 internal revenue 601309 24114 80 22 Cash paid for taxes on reserve 187265 on investments 3902260 40895 25 23 Cash paid for insurance department fees and agents licenses330722 municipal licenses 258071 5887 93 24 Cash paid for rent for companys occu pancy 72321 02 27 Cash paid for advertising 1578767 printing 1044898 postage 9741889 33655 54 28 Cash paid for real estate expenses other than taxes 96167219 for legal expenses 1680380 78475 99 29 Cash paid for furniture 599 56 Sundry agency and office expenses 22018 89 Total miscellaneous expenses 974416016 Total disbursements 2305095 12 balance 15435771 82 IVASSETS As PER LEDGER ACCOUNTS 1 Book value of real estate exclusive of all incumbrances 3666617 30COMPTROLLERGENERALS REPORT 2 Loans on mortgages first liens on real es tate 5529109 30 3 Loans secured by pledge of bonds stocks or other marketable collaterals 1524029 72 4 Loans made in cash to policyholders on this companys policies assigned as col lateral 643290 16 5 Premium notes loans or liens on policies in force of which 730647 was received luring the year 403053 02 6 Book value of bonds and stocks owned ex cluding accrued interest at time of pur chase 3304699 83 7 Cash in companys office 18573 78 8 Cash deposited in banks 148586 12 9 Agents debit balances 56084 44 Commuted commissions 141728 15 11 Total net or ledger assets as per bal ance above 15435771 82 13 Total net or ledger assets less depreciation 15435771 82 OTHER ASSETS 14 Interest due 532630 and accrued 10689708 on mortgages 15 Interest due and accrued on bonds and stocks 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 99166 and accrued 55499 on companys property or lease Total carried out 20 Market value of real estate over book value 112223 44 1348 96 7926 49 17417 36 2691 92 6516 65 148124 82 330140 42 21 Market value of bonds and stocks over book value 269 891 17 New Business Renewals 23 Gross premiums due and unre ported on policies in force December 31 1900 83848 67 66206 19 24 Gross deferred premiums on policies in force December 31 100 5805 00 85501 00 Totals 89653 67 25 Deducting loading 55 per cent on new and 5o per cent on renewals 49309 56 26 Net amount of uncollected and deferred premiums 40344 16 151707 19 8343 89 143363 30238 COMPTROLLERGENERALS REPORT Extended 28 Total assets as per the books of the company ITEMS NOT ADMITTED 3 Commuted commissions 141728 15 183707 46 16367635 69 5 Agents balances Total 11 12 13 17 18 lit 1 56084 44 Total assets less items not admitted vLIABILITIES Net present value of all the outstanding policies in force on the 31st day of De cember 1909 computed according to the actuaries table of mortality with four per cent interest 14387407 00 Deduct net value of risks of this company reinsured in other solvent companies 22765 00 Net reinsurance reserve Claims for matured endowments due and unpaid 9492 00 Claims for death losses and matured en dowments in process of adjustment or adjusted and not due 74157 33 Claims for death losses and other policy claims resisted by the company 27200 00 Claims for death losses reported and no proofs received less reserve 27895 00 197812 59 16169823 10 14364642 00 Total policy claims Amount of all unpaid dividends of surplus or other de scription of profits due policyholders Commissions due to agents on premium notes when paid Premiums paid in advance Reserve on policies cancelled upon which a surrender value may be demanded Fund to meet any possible depreciation in assets Liabilities on policyholders account Gross surplus on policyholders account Total liabilities VIPREMIUM NOTE ACCOUNT 138744 3 17073 56 6907 94 25732 88 7680 00 100000 00 14660780 71 1509042 39 16169823 10 Premium notes loans or liens on hand De cember 31 of previous year 426133 62 2 Premium notes loans or liens received during the year on new policies 730647 on old policies 17066415 177 Restored by revival Deductions during the year as follows Amount of notes loans or liens used in payment of losses and claims 18843 56 971 62 850 14 CO 1955 38COMPTROLLERGENERALS REPORT 239 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 Amoun of notes loans orliens redeemed by maker in cash Total reduction of premium note account 201 902 36 Balance note assets at end of the year 403 053 02 Business in the State of Georgia During 1900 Number and amount of policies on the lives of citizens of Georgia in force December 31 of previous year 1125 Number and amount of policies onthe lives of citizens of Georgia issued during the year 38 17655 65 18870 07 1390 82 145142 26 Amount 2398131 716609 Total 1513 Deduct number and amount which have ceased to be in force during the year 349 Total number and amount of policies in force in Georgia December 31 1900 1171 3114743 648186 2466557 Amount of losses and claims on policies in Georgia unpaid December 31 of previous year Amount of losses and claims on policies in Georgia in curred during the year Total 18 19 Amount 1000 04528 65528 Amount of losses and claims on policies in Georgia paid during the year 18 64j52g What amount of premiums was collected or secured in Georgia dur ing the year in cash and notes or credits without any deduction for losses dividends commissions or other expenses Answer Gash notes or credits total 7952643 BUSINESS IN GEORGIA FOR YEAR ENDING APRIL 30 1901 Insurance in force Premiums Losses Tax 2458193 00 71043 87 44768 00 710 44 MARYLAND LIFE INSURANCE COMPANY Wm II Blackford President John W Hanson Secretarv Principal Office 8 10 South Street Baltimore Md Geo A Mercer Savannah Ga Attorney for Service in Georgia icapital stock 1 Amount of capital stock paid up iacath 100X00 00 2 Amount of capital subscribed but unpaid 100000 00240 COMPTROLLERGENERALS REPORT 3J Amount of net or ledger assets December 31 of previous year1906740 93 Less account discharged debit balances against agents part 448 54 Extended at 1906292 39 IIINCOME DURING YEAR 1900 Cash received for premiums on new policies without deductions for commissions or other ex penses 34733 91 Cash received for renewal premi ums without deductions for commissions or other expenses 190278 80 Premium notes loans or liens taken in part payment for re newal premiums 457 00 From dividends applied to pay running premiums see item 11 disbursements 11617 42 From dividends applied to pui case paidup additions and an nuities see item 12 disburse ments 1243 S4 From surrender values applied to pay running premiums see item I I disbursements 206 87 Consideration for annuities other than matured installment policies 3883 29 Total 242421 13 6 Deduct amount of premiums paid to other companies for reinsur ance on policies in this compa ny new business 248160 renewals 772762 10209 22 7 Total premium income 232211 91 8 Cash received for interest on mortgage loans 15301 25 9 Cash received for interest on bonds owned and dividends on stork 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 companys property including for companys own occupancy 14 Cash received for profits on sales of bonds or stocks real estate 16 From surrender values on reinsurances 59522 58 6208 15 328 28 10129 35 10042 76 2276 99COMPTROLLERGENERALS REPORT 241 19 From all other sources viz On account bal ance of mortgage loan previously charged off 166 50 Total income 327187 77 Total 2233480 16 IIIDISBURSEMENTS DURING YEAR 1900 1 Cash paid for death claims includ ing revisionary additions 128098 18 2 Premium notes loansor liens used in payment of the same 237 00 3 Cash paid for matured endow ments and additions thereto 11353 35 Total 139688 53 7 Total net amount actually paid for losses and matured endowments 139 688 53 8 Cash paid to annuitants 71 gi 9 Premium notes loans or liens used in purchase of surrendered policies voided by laPse 230 86 9h Premium notes loans or liens used in pay ment of dividends to policyholders 401 33 10 Cash dividends paid policyholders 699 44 11 Cash dividends applied to pay running premi ums see item 3 income small amount of dividends paid in cash upon paidup policies included 11216 09 12 Cash dividends applied to purchase paidup additions and annuities see item 3iincome 1243 84 Returned premiums 317 53 13 Surrender values paid in cash 16 501 65 14 Surrender values applied to pay running premiums see item 4 income 206 87 Total paid policyholders 17128810 16 Cash paid stockholders for interest or divdends 6000 00 17 Cash paid for commissions and bonuses to agents less commission on reinsurance new policies 1805230 renewals 953262 annuities 116 50 27 701 42 18 Cash paid for salaries and allowances to mana gers and agents 726 47 19 Cash paid for medical examiners fees 3511 00 20 Cash paid for salaries and all other compensa tion of officers and other home office em Ployes 21891 32 21 Cash paid for taxes on new premiums 33009 on renewals 128580 1 615 89 22 Cash paid for taxes on reserves on investments 1000 on real estate 228601 2296 01 16cg242 COMPTROLLERGENERALS REPORT 23 Cash paid for insurance department fees and agents licenses 48888 municipal licenses 121675 1705 63 24 Cash paid for rent including companys occupancy less received under sub lease 11001 27 Cash paid for advertising 221235 printing and stationery 178647 3998 82 28 Cash paid for real estate expenses other than taxes for legal expenses 165452 1654 52 29 Cash paid for the following items viz War tax account 82179 postage 88205 Are insurance premium 69731 2401 15 Library bureau account 59418 sundry ex penses 452824 5122 42 Loss on sale of real estate 10476 on secu rities redeemed 11732 funded coupons charged off 30000 1465 01 30 Total disbursements Balance Invested in the following 257887 77 1975592 39 IVASSETS AS PER LEDGER ACCOUNTS 1 Cost value of real estate exclusive of all in cumbrances 209102 50 2 Loans on mortgage first liens on real estate 235640 00 3 Loans secured by pledge of bonds stocks or other marketable collaterals 21500 00 4 Loans made in cash to policyholders on this companys policies assigned as collateral 82136 00 5 Premium notes loans or liens on policies in force of which 100000 abt was received during the year 17718 81 6 Cost value of bonds and stocks owned exclud ing accrued interest at time of purchase 133702s 62 7 Cash in companys office 2659 27 8 Cash deposited in banks 51116 58 9 Dividends and interest due in January 236670 interest in default on mortgage 10500 2471 70 10 Agentsledger balances 2862 00 Open account and judgments 1265607 sus pended account 19324 coupon account n0000 office furniture 65777 14407 08 12 Deduct ledger liabilitiesagents credit bal ances 96425 other 8592 1976642 56 1050 17 13 Total net or ledger assets less depreciation 1975592 39COMPTROLLERGENERALS REPORT 243 12727 81 96412 56 OTHER ASSETS 14 Interest due and accrued 294070 on mortgages 2 940 70 15 Interest due and accrued 689653 on bonds and stocks 6 896 53 16 Interest due and accrued 71242 on collateral loans 722 42 18 Interest due and accrued 114342 on other assets 443 42 19 Rents due 103474 and accrued on companys property or lease 1034 74 Total carried out 21 Market value of bonds and stocks over cost 23 Gross premiums due and unreported on poli cies in force December 31 1900 17674 14 24 Gross deferred premiums on policies in force December 31 1900 21034 14 Total 38708 28 25 Deducting loading 20 per cent on new and 20 per cent on renewals 774166 26 Net amount of uncollected and deferred Premiums 30966 62 Extended 30966 62 28 Total assets as per the books of the company 2 15 699 38 ITEMS NOT ADMITTED 2 Open accouuts 1265607 furniture and fix tures and safes 65777 13313 84 5 Agentsbalances 2 862 00 7 Suspended account and over due coupons 1093 24 8 Depreciation in real estate 5452 50 Total 2272158 Less ledger liabilities deducted above 1050 17 21671 41 9 Total assets less items not admitted 2094027 97 VLIABILITIES 1 Net present value of all the outstanding poli cies in force on the 31st day of December 1900 computed according to the actuaries table of mortality with four per cent interest 1786568 00 Deduct net value of risks of this company reinsured in other solvent companies 32417 00 Net reinsurance reserve 3 Claims for death losses due and unpaid un claimed 4 Claims for matured endowments due and unpaid unclaimed 1754151 00 2239 89 219 66244 COMPTROLLERGENERALS REPORT 5 Claims for death losses and matured endow ments in process of adjustment or adjusted and not due 8553 52 0 Claims for death losses and other policy claims awaiting proofs 5582 94 Claims for death losses and other policy claims awaiting receipts 4274 25 1781455 81 312572 16 204027 97 Total policy claims 20870 26 10 Amount of all unpaid dividends of surplus or other descrip tion of profits due policyholders 4709 06 14 Amount of any other liability of the company viz Premi ums paid in advance 675 32 Other indebtedness 1050 17 17 Liabilities on policyholders account 18 Gross surplus on policyholders account 19 Total liabilities 20 Estimated surplus accrued on Tontine or other policies the profits upon which are especi ally reserved for that class of policies 91813 12 21 Estimated surplus accrued on all other policies 220759 04 VIPREMIUM NOTE ACCOUNT 1 Premium notes loans or liens on hand Decem ber 31 of previous year 12970 15 2 Premium notes loans or liens received during the year on new policies on old policies 545 45 Total Amount of notes loans or liens used in pay ment of losses and claims 237 00 Amount of notes loans and liens used in payment of dividends to policyholders 401 33 Amount of notes loans or liens redeemed by maker in cash 517 94 13515 6 Total reduction Balance note assets at end of the year Business in Georgia During 1900 1156 27 No Number of policies on the lives of citizens of Georgia in force December 31 of previous year estimated 246 Number and amount of policies on the lives of citizens of Georgia issued during the year 74 Total 320 Deduct number and amount which have ceased to be in force during the year 28 Total number and amount of policies in force in Georgia December 31 1900 estimated 292 12351I 33 Amount 446740 00 120375 00 567115 00 38400 00 528715 00COMPTROLLERGENERALS REPORT 245 Amount of losses and claims on policie3 in Georgia incur red during the year 2 2153 35 Total 2 2153 35 Amount of losses and claims on policies in Georgia paid during the year 2 2153 35 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 AnswerCash notes or credits total 1543940 BUSINESS IN GEORGIA FOR YEAR ENDING APRIL 30 1901 Insurance in force 484000 00 Premiums 15778 12 Losses 5100 00 Tax 157 78 MASSACHUSETTS MUTUAL LIFE INSURANCE COMPANY Jons A Hall President H M Phillips Secretarv Principal Office Springfield Mass W J Hasty Jr Savannah Ga Attorney for Service in Georgia ICAPITAL stock Purely Mutual Extended at 22159770 38 IIINCOME DURING YEAR 1900 1 Cash received for premiums on new policies without deduc tions for commissions or other expenses 683162 33 1J Cash received for renewal pre miums without deductions for commissions or other expenses 3398715 58 2J Premium notes loans or liens taken in part payment for re newal premiums 151361 73 3 From dividends applied to pay running premiums see item 11 disbursements 525866 50 3J From dividends applied to pur chase paidup additions see item 12 disbursements 65235 79 4J From surrender values applied to purchase paidup insurance see item 15disbursements 187 81 Total 4824529 74245 COMPTROLLERGENERALS REPORT 6 Deduct amount of premiums paid to other companies for rein surance oa policies in this company new business 14 76870 renewals 7955340 94322 10 7 Total premium income34730207 64 8 Cash received for interest on mortgage loans 462694 43 9 Cash received for interest on bonds ownedand dividends on stock 386984 56 10 Cash received for interest on pre mium notes loans or liens including loans on companys policies 174063 51 11 Cash received for interest on oth er debts due the company 9328 36 12 Cash received as discount on claims paid in advance 380 22 13 Cash received for rents for use of companys property includ ing 6000 for companys own occupancy 391S4 06 16 From dividends and surrender values on reinsurances 16972 96 17 Premium notes loans or liens restored by revival of policies 6594 06 Total income 5826409 SO Total 27986186 18 IIIDISBURSEMENTS DURING YEAR 1900 1 Cash paid for death claims in cluding revisionary additions 1265224 CO 2 Premium notes loans or liens used in payment of the same 16757 75 3 Cash paid for matured endow ments and additions thereto 224276 34 4 Premium notes loans or liens used in payment of the same 1009 66 5 Cash paid for sums falling due during the year on installment policies 17077 50 Total 1524345 85 6 Deduct amount received from other companies for losses or claims on policies of this com pany reinsured 10736 35COMPTROLLERGENERALS REPORT 247 7 Total net amount actually paid for losses and matured endow ments 1513609 50 8 Dividends used in payment of premium notes 62979 98 9 Premium notes loans or liens used in purchase of surren dered policies and voided by lapse 50253 56 10 Cash dividends paid policyhold ers 24035 28 11 Cash dividends applied to pay running premiums see item 3 income including interest on loan notes 527666 37 12 Cash dividends applied to pur chase paidup additions see item 3J iucome 65235 79 13 Surrender values paid in cash 319320 84 15 Surrender values applied to pur chase paidup insurance see item 4J income including in terest 1529 90 Total paid policyholders 2564631 22 17 Cash paid for commissions to agents less commission on re insurance new policies 325 22857 renewals 25088212 576110 69 18 Cash paid for salaries and allow ances and traveling expenses to managers and agents 70272 19 19 Cash paid for medical examiners fees 46907 00 20 Cash paid for salaries and all oth er compensation of officers and other home office em ployes 131378 22 21 Cash paid for taxes on new pre miums and on renewals 40066 66 22 Cash paid for taxes on reserves 27685 25 23 Cash paid for insurance depart ment fees and agents licenses 1059518 municipalandstate licenses 167074 12265 92 24 Cash paid for rent including 6000 companys occupancy less 12650 received under sublease 29761 40 25 Taxes on real estate 6508 75 26 Cash paid for furniture fixtures and safes for home and agency offices 3490 4324S COMPTROLLERGENERALS REPORT 27 Cash paid for advertising 17 56917 printing and station ery 2471357 postage and war revenue tax 3328275 75565 49 28 Cash paid for real estate ex penses other than taxes 20 70133 for legal expenses 4 44292 25144 25 29 Miscellaneous 21443 33 Profit and loss including 44 67750 premiums on securities purchased 52964 48 i Total miscellaneous expenses 111956406 Total disbursements 3684195 28 Balance 24301990 90 IVASSETS AS PER LEDGER ACCOUNTS 1 Cost value of real estate Exclu sive of all incumbrances591205 71 2 Loans on mortgage first liens on real estate 10183402 39 4 Loans made in cash to policy holders on this companys policies assigned as collateral 2304736 07 5 Premium notes loans or liens on policies in force less 654592 given for reinsurance 725101 63 6 Cost value of bonds and stocks owned excluding accrued in terest at time of purchase 9509436 55 7 Cash in companys office 4818 25 8 Cash deposited in banks 983290 30 Total net or ledger assets as perbal above 24301990 90 Total net or ledger assets less depreciation 24301990 90 OTHER ASSETS 14 Interest due 1038 and accrued 17192203 on mortgages 172960 03 15 Interest due 5750 and accrued 13638010on bonds andstocks 142130 10 16 Interest due 47262 and accrued 3269653 on policy loans 33169 15 17 Interest due and accrued 2175305 on pre mium notes loans or liens 21753 05 18 Interest due and accrued 55540 on other as sets 555 70 Total carried out 370567 43 21 Market value of bonds and stocks over cost 898853 34COMPTROLLERGENERALS REPORT New Business Renewals 249 23 Gross premiums due and unre ported on policies in force De cember 31 1900 24 Gross deferred premiums on poli cies in force December311900 Totals 25 Deducting loading 20 per cent on new and 20 per cent on renewals 133312 89 153212 55 84029 80 472207 72 217342 69 625420 27 43468 54 125084 05 26 Net amount of uncollected and deferred premiums 173874 15 500336 22 Extended 674210 3T Total assets as per the books of the company 26245622 04 VLIABILITIES 1 Net present value of all the outstanding poli cies in force on the 31st day of December 1900 computed according to the actuaries ta ble of mortality with four per cent interest23348623 00 Same for reversionary additions 37541100 Deduct net value of risks of this company reinsured in other solvent companies23724034 00 Less premiums deferred and in course of collection 306002 00 Net reinsurance reserve 5 Claims for death losses and matured endow ments in process of adjustment 134844 00 8 Present value of unpaid amounts on matured installment policies face 183926 10 183926 10 23418032 00 Total policy claims 10 Amount of all unpaid dividends of surplus or other description of profits due and to be come due policyholders 16 Amount of any other liability of the company viz Premiums paid in advance 17 18 19 Liabilities on policy holders account Gross surplus on policyholders account 318770 10 172333 76 11850 67 23920986 53 2324635 51 Total liabilities 26245622 04 VIPREMIUM NOTE ACCOUNT 1 Premium notes loans or liens on hand Decem ber 31 of previous year 726656 67250 COMPTROLLERGENERALS REPORT 2 Premium notes loans or liens received dur ing the year on old policies 151361 73 Restored by revival of policies 6594 06 Total 884612 46 Reduction during the year as follows Amount of notes loans or liens used in payment of losses and claims 17767 41 Amount of notes loans or liens used in purchase of surrendered policies and voided by lapse 50253 56 Amount of notes loans or liens used in payment of dividends to policyholders 62979 98 Amount of notes loans or liens redeemed by maker in cash 21963 96 Total reduction of premium note account 152964 91 Balance note assets at end of the year 731647 55 Business in Georgia during 1900 Number Amount dumber and amount of policies on the lives of citizens of Georgia in force December 31 of previous year 1277 3119079 00 Number and amount of policies on the lives of citizens of Georgia issued during the year 467 899300 00 Total 1741 4018379 00 Deduct number and amount which have ceased to be in force during the year 203 388049 00 Total number and amount of policies in force in Georgia December 31 1900 1541 3630330 00 Number Amount Amount of losses and claims on policies in Georgia in curred during the year 11 37742 00 Total 11 37742 00 Amount of losses and claims on policies in Georgia paid during the year 8 29742 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 divi dends commissions or other expenses Answer cash 12230478 notes or credits 146826 Total 12377304 BUSINESS IN GEORGIA FOR YEAR ENDING APRIL 30 1901 Insurances in force4002675 00 Premiums 130964 95 Losses 49309 32 Taxes 1309 65COMPTROLLERGENERALS REPORT 251 METROPOLITAN LIFE INSURANCE COMPANY NEW YORK John R Hegeman President George B Woodward Secretary Principal office 1 Madison Avenue New York City James M Craig Actuary icapital stock 1 Amount of capital stock paid up in cash 2000000 00 Amount o net ledger assets December 31 of previous year 49001220 19 Decrease during 1900 By return of cash deposits to agents originally deposi ted by them in lieu of bonds 3942 92 Extended at IIINCOME DUBING YEAR 1900 1 Cash received for premiums on new policies without deduc tions for commissions or other expenses less 53258815 for 1st years reinsurance 5526584 95 Cash received for renewal pre miums without deductions for commissions or other ex penses less 1386701 for re newal reinsurance25603466 49 5 Consideration for annuities other than matured installment pol cies 80304 07 48997277 27 7 Total premium income 31210355 51 8 Cash received for interest on mortgage loans 919819 90 9 Cash received for interest on bonds owned and dividends on stock 923777 67 10 Cash received for interest on premium notes loans or liens 57560 87 11 Cash received for interest on other debts due the company and on deposits in banks 20479 89 13 Cash received for rents for use of companys property includiug 18076300 for compa nys own occupancy 563133 oo 14 Cash received for profits on sales of bonds or stocks real estate and all other 108129 47 Total income Total 33803250 86 82800534 13 HIDISBURSEMENTS DURING YEAR 1900 1 Cash paid for death claims in cluding revisionary additions 9788124 21252 COMPTROLLERGENERALS REPORT 3 Cash paid for matured endow ments and additions thereto 13500 00 Total 9801624 21 Deduct amount received from other companies for losses or claims on policies of this com pany reinsured 2500 00 10 13 16 17 18 19 20 21 22 23 24 25 26 27 28 29 Total net amount actually paid for losses and ma tured endowments 9799124 21 Cash paid to annuitants 5014 90 Cash dividends paid policyholders 626924 33 Surrender values paid in cash 431131 67 Total paid policyholders 1086519511 Cash paid stockholders for interest or divi dends 140000 00 Cash paid for commissions and bonuses to agents less commission on reinsurance new policies 147877528 renewals 353447262 annuities 371357 5016961 47 Cash paid for salaries and allowances to mana gers and agents 2703540 16 Cash paid for Medical Examiners fees 30255852 inspection of risks 30273103 605289 55 Cash paid for salaries and all other compensa tion of officers and other home office em ployes 1520 in number 1316642 12 Cash paid for taxes on new premiums and on renewals 22567612 internal reve nue 10911520 Cash paid for taxes on reserves 8 67363 on investments 68786 on real 507321 04 estate 11246419 taxes on franchises 400 00 Cash paid for insurance department tees and agents licenses 42682 59 munici pal licenses 772145 J Cash paid for rent including 18076300 companys occupancy 370677 15 Cash paid for commuting commissions 1066933 48 Cash paid for furniture fixtures and safes for home and agency offices 27563 75 Cash paid for advertising 1321519 Printing and stationery 26594531 postage ex pressage etc 121537 31 400727 SI Cash piud for real estate expenses other than taxes 14801912 for legal expenses 5469910 202718 22 Cash paid for the following items viz Gen eral home office expense account 6847560 directors and committees 389500 72370 60 1COMPTROLLERGENERALS REPORT 253 Traveling and transfer expenses 149 18557 branch office expenses 24447696 agents surety bonds net savings fund etc 5015413 443816 66 Total miscellaneous expenses 1287456201 30 Total disbursements 23739757 12 31 Balance 59060777 01 Invested in the following IVASSETS AS PEE LEDGER ACCOUNTS 1 Cost value of real estate exclusive of all in cumbrances10822062 49 2 Loans on mortgage first liens on real estate 19686150 00 4 Loans made in cash to policyholders on this companys policies assigned as collateral 309525 82 5 Premium notes loans or liens on policies in force 670169 75 6 Cost value of bonds and stocks owned exclu ding accrued interest at time of purchase 25250858 82 7 Cash in companys office 65434 26 8 Cash deposited in banks Hamilton Trust Co 55617572 Metropolitan Trust Co 10419292 City Trust Co 2649431 Trust Co of America 2612459 National Shoe and Leather Bank 123087515 Ver milye Co Bankers 30146445 First Na tional Bank Bay City Michigan 100000 2246327 14 10 Agentsledger balances 10248 73 11 Total net or ledger assets as per balance above59060777 01 Total net or ledger assets less depreciation 59060777 01 OTHER ASSETS 14 Interest due 7779057 and accrued 220 57452 on mortgages 298365 09 15 Interest due 2563718 and accrued 39 57024 on bonds and stocks 65207 42 17 Inerest due on premium notes loans or liens 1688 79 18 Interest due 9530 and accrued 299583 on other assets 3091 13 19 Rents due 4566897 and accrued 805698 on companys property or lease 53725 95 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 1900 224357 10 Renewals 213023 18 422078 38 820638 61254 COMPTROLLERGENERALS REPORT 24 Gross deferred premiums on policies in force December 3I 1900 497984 30 Totals 25 Deducting loading fifty per cent on new and eight 857149 81 722341 40 1070172 99 percent on renewals 361170 70 Special contract net 361170 70 26 Net amount of uncollected and deferred premiums 122500 00 Premiums due and unpaid Industrial 50710361 less 11054440 85613 84 984559 15 396 E 59 21 Extended Total assets as per the books of the company ITEMS NOT ADMITTED 5 Agentsbalances 10 248 7 184789 06 62168283 06 Total 10248 73 Total assets less items not admitted q 15S034 33 VLIABILITIES 1 Net present value of all the outstanding policies in force on December 31 1900 computed according to the actuaries table of mortality with four per cent interest 509564S9 00 Deduct net value of risks of this company reinsured in other solvent companies 46385 00 Net reinsurance reserve Claims for death losses which have been re ported and no proofs received 90830 53 5 Claims for death losses and matured endow ment in process of adjustment or adjusted andnotdue 47 4J2 Q5 6 Claims for death losses and other policy claims resisted by the company 95335 25 Total policy claims 10 Amount of all unpaid dividends of surplus orother description of profits due policyholders 13 Amount due on account of salaries rents and office ex penses Premium notes or loans in excess of the net value of their policies 50910104 00 233607 83 18961 65 159887 20 286168 88COMPTROLLERGENERALS REPORT 255 16 Amount of any other liability of the company viz Pre miums paid in advance 14746134 agents cash de posits in lieu of bonds 3985152 Special reserve 187312 86 1617557 CO 17 18 Liabilities on policyholdersaccount 53413599 42 Gross surplus on policyholders account 8744434 91 Total liabilities 62158034 33 Industrial Business in the State of Georgia During the Said Year No Number and amount of policies on the lives of citizens of said State in force December 31 of previous year 29969 Number and amount of policies on the lives of citizens of said State issued during the year 23321 Total Deduct number and amount which have ceased to be in force during the year 17581 Total number and amount of policies in force in said State December 31 last 35709 Amount of losses and claims on policies in said State unpaid December 31 of previous year Amount of losses and claims on policies in said State incurred during the year Total 529 Amount of losses and claims on policies in said State settled during the year 528 Amount of premiums collected or secured in said State during the year in cash and notes or credit without any deduction for losses dividends commissions or other expenses 14799763 BUSINESS IN GEORGIA FOE YEAR ENDING APRIL 301901 Amount 4001035 00 3777806 00 53290 7778841 00 17581 2870019 00 35709 4908822 00 4 333 50 525 40775 50 41109 00 41054 00 Insurance in force Premiums Losses Tax 6988622 00 216979 38 51494 00 2169 79 MICHIGAN MUTUAL LIFE INSURANCE COMPANY O R Looker President A F Moore Secretary Principal Oflice 150 Jefferson Avenue Detroit Mich H H Cobb Atlanta Attorney for Service in Georgia ICAPITAL STOCK 1 Amount of capital stock paid up in cash 250000 00 Amount of net or ledger assets December 31 of previous year 6066924 11 Extended at 6066924 11256 COMPTROLLERGENERALS REPORT IIINCOME DURING YEAR 1900 1 Cash received for premiums on new policies without deduc tions for commissions or other expenses 203590 18 1 Cash received for renewal pre miums without deductions for commissions or other expenses 796939 70 2 Premium notes loans or liens taken in part payment for premiums on new policies 4564 45 2J Premium notes loans or liens taken in part payment for renewal premiums 149135 23 3 From dividends applied to pay running premiums see item 11 disbursements 21634 65 From dividends applied to pur chase paidup additions and annuities see item 12 dis bursements 12272 46 From surrender values applied to pay running premiums see item 14 disbursements 3 4 6 7 8 9 10 11 13 14 16 18 19 6084 26 Total 1194220 93 Deduct amount of premiums paid to other companies for reinsurance on policies in this company new business 143384 renewals 1461552 16049 36 Total premium income Cash received for interest on mortgage 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 rents for use of companys property including for companys own occupancy Cash received for profits on sales of bonds or stocks real estate 356926 all other 1327 From dividends and surrender values on re insurances Deposit from policyholder From all other sources viz Annuitants 1178171 57 295120 86 2766 00 42335 84 5483 00 21323 36 3582 53 1950 38 1500 00 6758 41 Total income 1558991 95 Total 7625916 06COMPTROLLERGENERALS REPORT 257 IIIDISBURSEMEXSTS DURIXG YEAR 1900 1 Cash paid for death claims in cluding revisionary additions 340633 51 3 Cash paid for matured endow ments and additions thereto 101150 42 5 Cash paid for sums falling due during the year on install ment policies 7067 00 Total 418850 93 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 and matured endowments 438850 93 9 Premium notes loans or liens used in pur chase of surrendered policies voided by lapse 581775 5817 75 10 Cash dividends piid policyholders 6957 01 11 Cash dividends applied to pay running pre miums see item 3 income 21634 65 12 Cash dividends applied to purchase paidup additions and annuities see item 3 income 12272 46 13 Surrender values paid in cash 102685 93 14 Surrender values applied to pay running pre miums see item 4 income 6084 26 Surrender values applied to pay notes on defaulted policies 25954 31 Surrender values applied to pay interest on notesof defaulted policies 1337 83 Total paid policyholders 82159513 16 Cash paid stockholders for interest or divi dends 25000 00 17 Cash paid for commissions and bonuses to agents lesscommission on reinsurance new policies 14503667 renewals 5869202 203638 69 1 Cash paid for salaries and allowances to managers and agents 35922 89 19 Cash paid for medical examiners fees 1188041 20 Cash paid for salaries and all other compen sation of officers and other home office employes 45762 71 21 Cash paid for taxes on new premiums 263484 on renewals 1418199 16816 83 22 Cash paid for taxes on real estate 845845 internal revenue 652185 14983 Jo L7cg258 COMPTROLLERGENERALS REPORT 23 24 26 27 28 20 3d 81 1 2 3 4 5 Cash paid for insurance department fees and agents licenses 114780 municipal licenses 119515 2342 95 Cash paid for rent including com panys occupancy less received under sublease 12397 67 Cash paid for furniture fixtures and safes for home and agency offices 139205 Cash paid for advertising 671408 printing 1422172 postage 462310 25558 90 Cash paid for real estate expenses other than taxes 1019259 for legal expenses 917779 19370 38 Cash paid for the following items viz Losses on real estate 550058 losses on ledger balances 37276 5873 34 General expenses recording fees office sup plies subscriptions etc 13507 17 Total miscellaneous expenses 43444729 Total disbursements 1056042 42 8 10 11 13 Balance 6569873 64 IVASSETS AS PER LEDGER ACCOUNTS Cost value of real estate exclusive of all incumbrances 4io 167 26 Loans on mortgage first liens on real estate 5042390 09 Loans secured by pledge of bonds stocks or other marketable collaterals 33000 00 Loans made in cash to policyholders on this companys policies assigned as collateral 600281 82 Premium notes loans or liens on policies in force of which was received during the year 94420 14 Cost value of bonds and stocks owned ex cluding accrued interest at time of pur chase 158391 00 Cash in companys office 10623 03 Cash deposted in banks 212997 42 Agents ledger balances of which was advanced during the year 2602 Ss Total net or ledger assets as per balance above 6569873 64 Total net or ledger assets less depreciation 6569873 64 OTHER ASSETS 11 Interest due 3035110 and accrued 7238352 on mortgages 102735 12 15 Interest accrued 91660 on bonds and stocks 916 66 16 Interest accrued 21713 on collateral loans 217 13COMPTROLLERGENERALS REPORT 259 17 Interest due 552240 and accrued 753313 on premium notes loans or liens 18 Interest accrued 867 54 on other assets 19 Rents accrued 263150 on companys prop erty or lease Total carried out 20 Market value of real estate over cost 21 Market value of bonds and stocks over cost New Business 23 Gross premiums due and unre ported on policies in force December 31 1900 24 Gross deferred premiums on policies in force December 31 1900 Totals Deducting loading sixty per cent on new and six per cent on renewals Net amount of uncollected and deferred premiums 34466 53 62729 16 37637 50 25091 66 13055 53 867 54 2631 50 Renewals 28262 63 24103 37 40203 77 64307 14 3858 43 60448 71 Extended 120423 48 10541 51 7109 00 85540 37 28 Total assets as per the books of the company 6793488 On ITEMS NOT ADMITTED Total assets less items not admitted 6 793 488 00 VLIABILITIES Net present value of all the outstanding pol icies in force on December 31 1900 com puted according to the actuarys table of mortality with four per cent interest Deduct net value of risks of this company reinsured in other solvent companies 6441286 37 26946 00 Net reinsurance reserve q 44 34Q 3 2 Premium notes or loans on policies and other obligations in excess of the net value of their policies 8 Present value of unpaid amounts on ma tured installment policies face 950000 1909 48 6758 41 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 expenses 16 Amount of any other liability of the company viz Pre miums paid in advance 1241147 8667 S9 559 45 5820 27 12411 472G0 COMPTROLLERGENERALS REPORT Deposit account 1500 00 17 18 19 Liabilities on policyholders account 6443299 4 Gross surplus on policyholders account 350188 55 Total liabilities PREMIUM NOTE ACCOUNT 6793488 on 1 Premium notes loans or liens on hand De cember 31 of previous year 83345 33 2 Premium notes loans or liens received during the year on new policies 4564 45 on old policies 14913 523 153699 68 Total Deductions during the year as follows Amount of notes loans or liens paid by sur rendered values 25954 31 Amount of notes loans or liens voided by lapse 5817 75 Amount of notes loans or liens redeemed by maker in cash 110852 81 237045 01 Total reduction of premium note account Balance note assets at end of the year Business in Georgia During 1900 No Number and amount of policies on the lives of citizens of Georgia in force December 31 of previous year 224 Number and amount of policies on the lives of citizens of Georgia issued during the year 50 Total 274 Deduct number and amount which have ceased to be in force during the year 84 142624 87 94420 14 Amount 57664s 46 171810 10 748459 09 209035 6S Total number and amount of policies in force in Georgia December 31 1900 190 539423 38 Amount of losses and claims on policies in Georgia in curred during the year 2 7000 00 1 7000 00 Total Amount of losses and claims on policies paid during the year 2 7000 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 1907053 notes or credits 299690 total J2206743 BUSINESS IN GEORGIA FOR YBAB ENDING APRIL 30 1901 Insurance in force Premiums Losses Tax 581228 30 20691 29 8000 00 26 91COMPTROLLERGENERALS REPORT 261 MUTUAL BENEFIT LIFE INSURANCE COMPANY OF NEW JERSEY Amzi Dodd President Edward L Dobbins Secretary Clarence V Angier Atlanta Attorney for Service in Georgia Principal office 752 Broad street Newark N T ICAPITAL STOCK Amount of net or ledger assets December 31 of previous year67494696 41 Extended at 67494696 41 IIINCOME DURING YEAR 1900 1 Cash received for premiums on new policies without deduc tions for commissions or other expenses1249856 74 1J Cash received for renewal pre miums without deductions for commissions or other expenses 6909699 90 2 Premium notes loans or liens taken in part payment for pre miums on new policies 48359 79 2i Premium notes loans or liens taken in part payment for re newal premiums 606581 83 From dividends applied to pay running premiums see item 11 disbursements 1104124 29 3 From dividends applied to pur chase paidup additions and an nuities see item 12 disburse ments 348247 87 4 From surrender values applied to pay running premiums see item 14 disbursements 15636 45 5 Consideration for annuities other than matured installment poli cies 128855 24 Total in 10411362 11 Total premium income10411362 11 Cash received for interest on mortgage loans 1775962 50 Cash received for interest on bonds owned and dividends on stock 687323 37 Cash received for interest on premium notes loans or liens 812381 28 11 Cash received for interest on other debts due the company 1830 03 12 Cash received as discount on claims paid in advance 74 15 13 Cash received for rents for use of companys property 185238 36262 COMPTROLLERGENERALS REPORT 14 17 Cash received for profits on sales of bonds or stocks 4889880 real estate 1030331 59202 11 Premium notes loans or liens restored by revival of policies 9208 81 Total income 13942 582 72 Total si437279 13 IIIDISBURSEMNETS DURING YEAR 1900 1 Cash paid for death claims in cluding revisionary additions 3974714 09 2 Premium notes loans or liens used in payment of the same 153918 95 3 Cash paid for matured endow ments and additions thereto 835337 79 4 Premium notes loans or liens used in the payment of same 29398 97 5 Cash paid for sums falling due during the year on installment policies 11650 00 Total5005019 80 7 Total net amount actually paid for losses and matured endowments 5005019 80 8 Cash paid to annuitants 72313 92 9 Premium notes loans or liens used in pur chase of surrendered policies 17877742 voided by lapse 1929292 198070 34 9J Premium notes loans or liens used in pay ment of dividends to policyholders 5176 53 l0 Cash dividends paid policyholders 262792 62 U Cash dividends applied to pay running pre miums see item 3 income1104124 21 12 Cash dividends applied to purchase paidup additions and annuities see item 3i in come 48247 87 13 Surrender values paid in cash1009068 7i 14 Surrender values applied to pay running pre miums see item 4 income 15636 45 Total paid policyholders 802045061 17 Cash paid for commissions and bonuses to agents less commission on reinsurance new policies 53655658 renewals 477 96830 1014524 88 18 Cash paid for salaries and allowances to man agers and agents 3630 96 1 Casli paid for medical examiners fees 117261 87 20 Cash paid for salaries and all other compen sation of officers and other home office em ployes 254063 94 21 Cash paid for taxes on premiums 10426267 internal revenue 26338 29 130600 96 COMPTROLLERGENERALS REPORT o63 22 Cash paid for taxes on reserves 1701001 on investments 16777475 on real estate 5063270 236017 46 23 Cash paid for insurance department fees and agents licenses 987812 municipal li censes 3386310 43741 22 26 Cash paid for miscellaneous office expenses 120012 49 27 Cash paid for advertising 13799588 print ing 722655 postage 25233 81 70456 24 28 Cash paid for real estate expenses other than taxes 6799775 for legal expenses 15 26243 83260 IS 29 Cash paid for the following items viz Pre miums on bonds purchased 128195 50 Amount charged off from real estate to cover possible depreciation 225000 00 Total miscellaneous expenses 210757020 30 Total disbursements 10181216 31 31 Balance 70956062 82 Invested in the following IVASSETS AS PER LEDGER ACCOUNTS 1 a Real estate exclusive of all incumbrances 3086171 22 2 Loans on mortgage first liens on real estate 36048879 34 3 Loans secured by pledge of bonds stocks or other marketable collaterals5312450 00 4 Loans made in cash to policyholders on this companys policies assigned as collateral or secured by terms of policy6040589 20 5 b Premium notes loans or liens on policies in force of which 4710818 was received during the year4612834 69 6 c Par value of bonds and stocks owned ex cluding accrued interest at time of pur chase 14881027 93 7 Cash in companys office 3607 29 S Cash deposited in banks 931163 01 10 Agents ledger balances 9340 14 11 Total net or ledger assets as per balance above70956062 82 13 Total net or ledger asets less depreciation 70956062 82 OTHER ASSETS 14 Interest due 5091360 and accrued 741 93055 on mortgages 792844 15 15 Interest accrued 13690345 on bonds and stocks 130903 45 10 Interest accrued 13503209 on collateral loans 135032 09 264 COMPTROLLERGENERALS REPORT 17 21 23 24 25 26 28 Interest accrued 11607087 on premium notes loans or liens 116070 87 Total carried out ilarket value of bonds and stocks over par New Business Renewals Gross premiums due and unre ported on the policies in force December 31 1900 99961 40 265928 27 Annuity 3280 00 70 50 Gross deferred premiums on poli cies in force December 31 1900 106792 86 604011 01 1180850 56 1366407 96 Totals 210034 26 870009 78 Deducting cost of collection 41 per cent on new and 20 per cent on renewals 5 per cent on annuities to reduce renew als to net 84933 25 17400196 Net amount of uncollected and deferred premiums 125101 01 696007 82 Total assets as per the books of the company ITEMS NOT ADMITTED 9340 14 821108 83 74324430 17 Agents balances Total 9340 14 67178260 00 Total assets less items not admitted 74315090 03 VLIABILITIES 1 Net present value of all the outstanding pol icies in force on the 31st day of December 1900 computed according to the actuaries table of mortality with four per cent in terest67178260 00 Net reinsurance reserve 4 Claims for matured endowments due and un paid 17674 85 5 Claims for death losses in process of adjust ment or adjusted and not due 166728 40 6 Claims for death losses and other policy claims resisted by the company 36000 00 8 Present value of unpaid amounts on matured installment policies face 9585000 7041 21 Claims for death losses which have been re ported and no proofs received 225000 00 Total policy claims 10 Amount of all unpaid dividends of surplus or other description of profits due policy holders 18 Amount due on account of salaries rents and office ex penses estimated 505874 46 294829 33 25000 00COMPTROLLERGENERALS REPORT 2G5 16 Amount of any other liability of the company viz Pre miums paid in advance 3558921 deferred endt claims 4168134 77270 55 Special reserve on policies issued since 1809 on 3 per cent basis 9776400 deferred death claims 710500 104869 00 17 Liabilities on policyholders account 68186103 34 18 Gross surplus on policyholders account 6128986 69 19 Total liabilities 74315090 03 21 Estimated surplus accrued on all other policies 6128986 69 VIPREMIUM NOTE ACCOUNT 1 Premium notes loans or liens on hand De cember 31 of previous year4571424 28 2 Premium notes loans or liens received during the year on new policies 4835979 on old policies 61579064 664150 43 Total 5235574 71 Deductions during the year as follows Amount of notes loans or liens used in payment of losses and claims 183317 92 Amount of notes loans or liens used in purchase of surrendered policies 178777 42 Amount of notes loans or liens voided by lapse 19292 92 Amount of notes loans or liens used in payment of dividends to policyholders 5176 53 Amount of notes loans or liens redeemed by maker in cash 206175 23 Total reduction of premium note account 592740 02 Balance note assets at end of the year Business in Georgia During 1900 4642834 69 Number and amount of policies on the lives of citi zens of Georgia in force December 31 of previous year 2536 Number and amount of policies on the lives of citi zens of Georgia issued during the year 414 Total 2950 Deduct number and amount which have ceased to be in force during the year 299 Total number and amount of policies in force in Georgia December 31 1900 2651 Amount of losses and claims on policies in Georgia unpaid December 31 of previous year 1 Amount of losses and claims on policies in Georgia incurred during the year 24 Total 25 6069297 721043 6790340 585743 6204597 1000 67590 68590266 COMPTROLLER GENERALS REPORT Amount of losses and claims on policies in Georgia paid during the year 25 68590 What amount of premiums was collected or secured in Geor gia during the year in cash and notes or credits without any deduction for losses dividends commissions or other expenses Answer Cash 22128548 BUSINESS IN GEORGIA FOR YEAR ENDING APRIL 30 1901 Insurance in force 6011075 00 Premiums 217376 79 Losses 62590 00 Tax 2173 77 MUTUAL LIFE INSURANCE COMPANY Geo W Morris President David Meriwether Seeretiry T R Jones Atlanta Attorney for service in Georgia Principal office 5th and Market streets Louisville Ky ICAPITAL STOCK 1 Amount of capital stock paid up in cash 100000 00 2 Amount of capital subscribed but unpaid 100000 00 Amount of net or ledger asssts December 31 of previous year 2712988 49 Extended at 2712988 49 IIINCOME DIRING YEAR 1900 1 Cash received for premiums on new policies without deductions for commissions or other expenses 79246 00 1J Cash received for renewal pre miums without deductions for commissions or other expenses 423017 99 3 Prom dividends app iedtopay run ning premiums see item 11 dis bursements 4984 24 J From dividends applied to pur chase paidup additions and annu ities see item 12 disbursements 297 84 4 From surrender values applied to pay running premiums see item 14 disbursements 136 49 4J From surrender values applied to purchase paidup insurance and annuities see item 15 disburse ments 46436 00 Total 554118 56COMPTROLLERGENERAlS REPORT 267 7 Total premium income 554118 56 8 Cash received for interest on mortgage loans 129105 57 9 Cash received for interest on bonds owned and dividends on stock 37945 25 10 Cash received for interest on premium notes loansorliens 24360 44 11 Cash received for interest on other debts due the company 3218 76 12 Cash received as discount on claims paid in ad vance 682 00 13 Cash received for rents for use of companys property inclu ling 2850 for companys own occupancy 2110198 14 Cash received for profits on sales of bonds or stocks 8994 98 Total income 779527 54 Total 3492510 03 IIIDISBURSEMENTS DURING YEAR 1900 Cash paid for death claims includ ing revisionary additions 203566 00 3 Cash paid for matured endowments and additions thereto 22747 43 Total 226313 43 7 Total net amount actually paid for losses and matured endowments 226313 43 9 Premium notes loans or liens used in purchase of surrendered policies voided by lapse if 10762 03 9 Purchased additions 355 30 10 Cash dividends paid policyholders 4861 83 11 Cash dividends applied to pay running pre miums see item 3 income 4981 24 12 Cash dividends applied to purchase paidup additions and annuities see item 3J income 297 81 13 Surrender values paid in cash 86462 39 14 Surrender values applied to piy running pre miums see item 4 income 136 49 15 Surrender values applied to purchase p udup insurance and annuities see item 4J income 46436 00 17 Cash paid for commissions and bonuses to agents less commission on reinsurance new policies 5175838 renewals 1949436 71252 74 18 Cash paid for salaries and allowances to mana gers and agents 11626 14 19 Cash paid for medical examiners fees 1909750 inspection of risks 248 incd exp 278050 12126 00 20 Cash paid for salaries and all other compen sation of officers and other home office em ployes 27970 04268 COMPTROLLERGENERALS REPORT 21 Ca9hpaid for taxeson new premiums 163761 on renewals 233288 on personalty 335995 122 Cash paid for taxes on realestate 423230 expense oq investment 620012 23 Cash paid for insurance department fees and agents licenses 24 Cash paid for expense companys occupancy 7330 44 10432 42 3982 21 9536 47 3941 25 28 Cash paid for rent Cash paid for furniture lixtures and safes for home and agency offices Cash paid for advertising 658147 printing 616212 postage 213222 Cash paid for real estate expenses other than taxes 956143 for legal expenses 580178 reinsurance 50169 29 Cash paid for the following items viz Board of Control 295 exchange 18623 court fees 44555 revenue 168030 profit and loss 2561414 executive com 70 pur chased renewal commission 248184 33737 41 Total disbursements 1605 12 14875 81 15954 90 604983 50 Bilance 2SS7532 Invested in the following IVASSETS AS PER LEDGER ACCOUNTS 1 Cost vaiue of real estate exclusive of all incum brances 412 727 85 2 Loans on mortgage first liens on real estate 1120965 15 3 Loans secured by pledge of bnds stocks or other marketable collaterals 74573 15 4 Loans made in cash to policyholders on this companys policies assigned as collateral 289272 87 5 Premium notes loans or liens on policies in force of which 228689 was received during the year 52829 47 Cost value of bonds and stocks owned exclud ing accrued interest at time of purchase 873920 99 7 Cash in companys office 4 400 31 8 Cash deposited in banks 45 272 59 9 Bills receivable 1400 00 10 Agentsledger balances of which was advanced during the year 4 44Q 50 2888402 88 870 35 Total net or ledger assets as per balance above 2887532 53 Total net or ledger assets less depreciation OTHER ASSETS 14 Interest due 2406064 and accrued 1926942 on mortgages 43330 06 53 Agents credit balances 11 13 37532 53 COMPTROLLERGENERALS REPORT 209 15 16 17 18 20 2L 24 10712 86 2736 13 26 28 5 6 7 Interest accrued on bonds and stocks 7067 46 Interest due 217874 and accrued 811921 on collateral loans 10297 75 Interest due 398 83 and accrued 710126 on premium notes loans or liens 7500 09 Interest due and accrued on other assets 40 83 Total carried out Market value of real estate over cost Market value of bonds and stocks over cost New Business Gross premiums due and unre ported on policies in force Decem ber 31 1900 Gross deferred premiums on poli cies in force December 31 1900 Totals Deducting loading 55 per cent on new and 3 per cent on re newals Net amount of uncollected and de ferred premiums Extended Total assets as per the books of the company Items Not Admitted Agentsbalances 8017 03 Loans on personal gpcurity indorsed or not 1400 00 Bills receivable 1143 44 Deductions from collateral loans 7000 00 Total Renewals 12226 56 22849 53 13448 99 35116 09 7396 94 1053 48 6052 05 34062 61 1 Total assets less items not admitted VLIABILITIES Net present value of all the outstanding policies in force on the 31st day of December 1900 computed according to the actuaries table of mortality with 4 per cent interest 2807005 00 Deduct net value of risks of this Company reinsured in other solvent companies 2000 00 Net reinsurance reserve 5 Claims for death losses and matured endow ments in process of adjustment or adjusted and not due 16000 00 Total policy claims 12 Amount of national State or other taxes due lii Amount of any other liability of the Company viz pre miums paid in advance 17 Liabilities on policyholders account 18 Gross surplus on policyholders account 19 Total liabilities 68236 19 25054 06 15337 26 40114 66 3036274 70 17560 47 3018714 2 2805005 00 16000 00 5000 00 1200 00 2827205 00 191509 23 3018714 23270 COMPTROLLERGENERALS REPORT VIPREMIUM NOTE ACCOUNT 1 Premium notes loans or liens on hand Decem ber 31 of previous year 52648 10 2 Premium notes loans or liens received during the year on new policies 353116 on old policies 1265104 16182 20 Total Deductions during the year as follows Amount of notes loans or liens used in pur chase of surrendered policies 14 347 43 Amount of notes loans or liens used in pay ment of dividends to policyholders 124 00 Amount of notes loans or liens redeemed by 1529 40 68830 30 maker in cash Balance note assets at end of the vear 16000 83 5282 47 Business in Georgia During 1900 No Amount Number and amount of policies on the lives of citizens of Georgia in force December 31 of previous year 793 1201335 Number and amount of policies on the lives of citizens of Georgia issued during the year 94 87 8r Total Deduct number and amount which have ceased to be in force duringthe year 887 1280187 103 208813 Total number and amount of policies in force in Geor gia December 31 1900 Amount of losses and claims on policies in Georgia incurred during the year Total 784 1080374 9 11486 9 11486 11486 Amount of losses and claims on policies in Georgia paid during the year What amount of premiums was collected or secured in Georgi year m cash and notes or credits without any deduction for losses divi dends commissions or other expenses Answer Cash 2739928 notes or credits 89345 total 2829273 BUSINESS IN GEORGIA FOR YEAR KNDINC APRIL 30 1901 Insurance in force Premiums 1107074 00 Losses 2S412 02 Tax 14500 00 2S4 12COMPTROLLERGENERALS REPORT 271 THE MUTUAL LIFE INSURANCE COMPANY OF NEW YORK Richard A McCurdy President William J Easton Secretary R F Shedden Atlanta Attorney for Service in Georga Principal Office 32 Nassau Street New York City I CAPITAL STOCK 1 No capital stocka purely mutual company Amount of net ledger assets Dec 31 1899f 276684362 86 IIINCOME DURINfi YEAR 1900 A a shown by the Books at the Home Office at Close of Business December St 1 From premiums on new policies except as per lines 3 and 7 less interest included in de ferred premiums 1295990 and 3140651 for first years reinsurance and excluding re vivals after first year 6737512 34 3 Single premiums except lines 5 and 7 without deductions for commissions or other expenses 538488 70 5 From dividends applied to pur chase new paidup additions see item 10 disbursements 1427751 26 7 For surrender values applied to purchase new paidup insur ance see item 13 disburse ments 1356935 33 Total new premiums10060687 63 2 From nenewal premiums ex cept as per line 4 less interest included in deferrd premiums 12595464 and 2869805 for renewal reinsurance 33804930 80 4 From surrender values applied by policyholders to pa re newal premiums see item 12 disbursements 641005 94 Total renewal premiums 34445936 74 8 Consideration for annuities 2704547 01 9 Total premium income 472 1171 38 10 Rents from companys property including 175000 for com panys own occupancy 1062277 51 11 From interest on mortgage loans 3679183 42 12 From interest on collateral loans including 409 25651 on policy loans 086750 39COMPTROLLERGENERALS REPORT 13 From interest on bonds and dividends on stocks 6694793 85 14 From interest on other debts due the company and on deposits in banks 258906 06 15 From interest on deferred pre miums 138914 54 Total rents and interest 12790825 77 16 Profit on sale of securities less offsets 480805 16 17 Mortuary bond deposits 100000 00 Total income 60582802 31 Total 337267165 17 IIIDISBURSEMENTS DURING YEAR 1900 As shown by the Boohs at the Home Office at the Close of Business December 11 1 Paid for death claims 13978 27705 additions 107437587 15052652 92 2 For matured endowments SF3 45722670 additions 364 41288 3821639 58 5 Total amount actually paid for losses and matured endowments 18874292 50 6 Paid to annuitants including 1685930 in terest on mortuary bonds 1403971 83 8 Dividends paid policyholders 830315 64 10 Dividends applied to purchase new paidup additions see item 5 income 1427751 20 11 Surrender values paid in cash 1827 591 33 12 Surrender values applied by policyholders to pay renewal premiums see item 4 income 641005 94 13 Surrender values applied to purchase new paidup insurance see item 7 income 1356935 33 Total paid policyholders26361S6383 15 Cash paid for commissions and bonuses to agents less commissions on reinsurances new policies 511217010 renewal policies 199347387 single premium policies 23 18442 on annuities 123734 28 7252562 li7 17 Cash paid for agency expenses and traveling 133087 82 18 Cash paid for salaries of officers and home office employes who receive no other com pensation 709529 90 19 Cash paid for medical examiners fees and saiaries 41588130 inspection of risks 11398756 569868 86 20 Cash paid for insurance department fees taxes on premiums and reserves and agents lilenses 417240 17COMPTROLLERGENERALS REPORT 273 21 Cash paid for taxes on real estate 27828247 United States stamp taxes 10416295 382445 42 23 Cash paid for repairs and expenses other than taxes on real estate 468141 84 24 Cash paid for rent 175000 00 25 Cash paid for advertising 24734975 printing and stationery 591202 97 postage and telegraph 14186927 980421 99 26 Cash paid for legal expenses 304756 85 28 Cash paid for exchange 2196268 express freight and duty 3389093 sundry ex penses 39805457 453908 16 Total miscellus expenses1308474968 Total disbursements 39446613 51 balance297320551 66 Invested in the following 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 estate23575840 73 2 Mortgage loans on real estate77235867 38 3 Loans secured by pledge of bonds stocks or other collateral12170000 00 4 Loans made policyholders on this companys policies assigned as collateral 8629769 43 6 Book value of bonds owned excluding interest 12984895673 stocks 3272653961162575496 34 7 Cash in oompanys office 921252 deposited in banks 132901038013299316 32 8 Agents debit balances 400391 71 Total 297886681 91 DEDUCT LEDGER LIABILITIES 9 Agents credit balances 3390505 all other 3222520 66130 25 Total net ledger assets as per balance above297820551 66 NONLEDGER ASSETS 10 Interest due 4631929 and accrued 859 53878 on mortgages 905858 07 11 Interest accrued on bonds 1703567 32 12 Interest due on collateral loans 43566 01 14 Interest accrued on other assets 5 5521 58 15 Rents due 2930097 and accrued 8044720 on companys property 109748 17 Total 2813261 15 XI Market value as per quotations Dec 31 1900 of stocks and bonds 20793128 57 18 cz74 COMPTROLLERGENERALS REPORT New Business Renewals 18 Gross premiums due and unre ported on policies on which at least one premium had been paid in force Dec 31 1901 52849 68 2788100 53 19 Gross deferred premiums on policies on which at least one premium had been paid in force Dec 31 1900 205342 05 2147291 90 20 Totals 258191 73 4935398 43 21 Deduct cost of collection 70 per cent on new and 5i per cent on renewals 180734 21 280253 11 22 Net amount of uncollected and deferred premiums 77457 52 4649145 32 4726602 84 Gross assets Dec 31 1900326153544 22 DEDUCT ASSETS NOT ADMITTED 8 Agents debit balances 400391 71 Total admitted assets325753152 51 VNONLEDGER LIABILITIES As shown by the Books at the Home Office at Close of Business December 31 1 Net present value of all the outstanding policies in force on the 31st day of December 1900 computed according t the acuaries table of mortality with four per cent interest as per certificate of insurance department of New York American 3 per cent on issues of 1898 1899 and 1900236148599 00 Same for revisionary additions 14278652 00 Same for annuities including those in reduction of premiums 16084824 00 Total266512075 00 Deduct net value of risks of this company reinsured in other solvent companies 9809 00 Net reserve266502266 00 3 Claims for matured endowments due and un paid papers not completed 264632 37 5 Claims for death losses in process of adjust ment or adjusted and not due 1067271 59 6 Death losses which have been reported and no proofs ieceived 57903 00 7 Claims for death losses and other policy claims resisted 50811 00 8 Amounts due and unclaimed on annuities 107542 13 Total policy claims 1548160 09COMPTROLLERGENERALS REPORT 275 9 Unpaid dividends due policyholders including those con tingent on payment of outstanding premiums 90182 66 11 Amount due and accrued on account of salaries rents office expenses and other expense items 35310 85 12 Amount of premiums paid in advance 191891 66 13 Liability under nonforfeiture clause of lapsed policies 353227 00 14 Amount of any other liability of the company viz For mortuary bonds 47009200 for contingent guarantee fund 5412202225 54592114 25 Liability on policyholders account323313152 51 Divisible surplus 2440000 00 Total liabilities325753152 51 Business in Georgia During 1900 No Amount Number and amount of paidfor policies in force Dec 31 1899 6346 10007679 00 Number andamount of policies paidfor during the year 1884 3490400 00 Total 8230 19498079 00 Deduct number and amount which have ceased to be in force during the year 948 2065464 0O Total number and amount of paidfor policies in force in Georgia Dec 31 1900 7282 17432615 00 Number and amount of losses and claims unpaid Dec 311899 1 ij000 00 Number and amount of losses and claims incurred dur ing the year 89 240000 SO Total 90 Number and amount of losses and claims on policies paid during the year 90 What amount of premium was collected during the year in cash and notes or credits without any deduction for losses dividends commissions or other expenses Answer cash 62247026 New business actually written in Geor gia 19C0 1506270000 241000 80 241000 80 BUSINESS IN GEORGIA FOE YEAH ENDING APRIL 30 1901 Insurance in force Premiums Losses Tax 18273855 00 645545 46 202549 96 6455 45276 COMPTROLLERGENERALS REPORT MUTUAL RESERVE FUND LIFE INSUANCE CO NEW YORK Frederick A Bubnham President Charles W Camp Secretary Principal Office 305 307 and 309 Broadway New York City Irvin Alexander Augusta Attorne3 for Service in Georgia ICAPITAL STOCK Amount of net or ledger assets December 31 of previous year 3757522 43 Extended at 3757522 43 IIINCOME DURING YEAR 1900 1 Cash received for premiums on new policies without deduc tions for commissions or other expenses 365603 69 1J Cash received for renewal pre miums without deductions for commissions or other ex penses 5423135 42 3 From dividends applied to pay running premiums see item 11 disbursements 95129 45 Total5883868 56 7 Total premium income 588386S 56 8 Cash received for interest on mortgage loans 40550 35 i Cash received for interest on bonds owned and dividends on stock 15110 8 10 Cash received for interest on premium notes loans or liens 75674 45 13 Cash received for rents for use of companys property including 50400 for companys own occupancy 130965 01 15 Ledger assets other than premiums received from other companies for assuming or re insuring their risks 8158523 52 19 From all other sources viz Fees for altera tions in policies etc 290 82 Total income 14304983 54 Total 18062505 97 IIIDISBURSEMENTS DURING YEAR 1900 1 Cash paid for death claims or installments paid 3175619 01 2 Premium notes loans or liens used in payment of the same 126571 28 Cash paid for old age benefits 12659 13 5 Cash paid for disability benefits 5975 00 Total 3320824 42SSSSS COMPTROLLERGENERALS REPORT 277 7 Total net amount actually paid for losses and matured endowments 3320824 42 8 Advance payments returned to rejected ap plicants 1084 03 9 Premium notes loans or liens used in pur chase of surrendered policies voided by lapse 124465544 1244655 44 11 Cash dividends applied to pay running pre miums see item 3 income 95129 45 13 Surrender values paid in cash 34870 43 Total paid policyholders 469656377 17 Cash paid for commissions and bonuses to agents less commission on reinsurance new policies 11232168 renewals 157 11530 269436 98 Commissions paid or allowed for collecting assessments or premiums to banks or col lectors 462S3 64 18 Cash paid for salaries and allowances to man agers and agents not paid by commissions 96124 47 19 Cash paid for medical examiners fees 12 52643 inpection of risks 12526 43 20 Cash paid for salaries of officers and other home office employes 293676 63 21 Cash paid for taxes on premiums 1647468 on renewals 16474 68 22 Cash paid for taxes on reserves 22854 on franchise 4315 271 69 23 Cash paid for insurance department fees and agents licenses 2618792 municipal licenses 102460 27212 52 Cash paid for taxes on real estate and invest ment 3204 71 24 Cash paid for rent including 50400 com panys occupancy less received under sub lease 74255 29 27 Cash paid for advertising and printing 52 04497 52044 97 28 Cash paid for real estate expenses other than taxes 10546461 for legal expenses 4803012 153494 73 29 Cash paid for the following items viz In vestment expenses 120008 traveling ex penses 3151194 actuarial expenses 2296817 postage 2611335 agency ex penses 735625 general office expenses 7010275 internal revenue tax 58446 expenses investigating and adjusting 332082442 of death and other benefit claims 9686981 256706 73 Total miscellaneous expenses 130171347278 COMPTROLLERGENERALS REPORT 30 Total disbursements 5998277 24 31 Balance 12064228 73 Invested in the following IVASSETS AS PER LEDGER ACCOUNTS 1 Cost value of real estate exclusive of all in cumbrances 576086 31 2 Loans on mortgage first liens on real estate 768350 00 3 Loans secured by pledge of bonds stocks or other marketable collaterals 200000 00 5 Premium notes loans or liens on policies in force of which was received duriDg the year 8666253 36 6 Cost value of bonds and stocks owned ex cluding accrued interest at time of purchase 437094 13 7 Cash in companys office 799 92 S Cash deposited in banks Central National Bank New York 1603336 National Pro vincial Bank London Eng 1921914 Western National Bank New York 5000 Credit Lyonnais Paris France 231204 Parrs Bank Limited Consolidated Branch London Eng 89075 Central Trust Co New York 4580620 National Broadway Bank New York 1500000 Continental National Bank St Louis Mo 1150000 CityTrustCo New York 13081069 The Molsons Bank Montreal Que 855935 Ontario Bank of Toronto Ont 2281797 Chatham National Bank New York 18821829 Lazard Freres Co Paris France 26429 Atlas Loan Co St Thomas Ont 206067 East River National Bank New York 261455 National Shoe and Leather Bank New York 1000000 Mer chants Exchange National Bank New York 3719939 Third National Bank Boston Mass 1156990 National Park Bank New York 3447377 Morgan Har jes Co Paris France 40869 Comptoir National dEscompte Paris France 19 47298 Stockholm Enskilda Bank Stock holm 3506877 Privatbanken i Kjoben havn Copenhagen Denmark 436724 Banca dltalia Rome 2395502 Credit Foncier Paris France 1880489 Credit Lyonnais Brussels Belgium 1573151 Credit Lyonnais Madrid Spain 1256816 total 694727 62 10 Agents ledger balances of which was advanced during the year 482422 50COMPTROLLERGENERALS REPORT Furniture and fixtures 66873 42 On deposit in collecting banks and with bonded collectors 172817 79 270 11 12 13 14 18 19 20 21 23 24 Total net or ledger assets as per balance above12065425 05 Deduct agents credit balances 1196 32 Total net or ledger assets less depreciation 12064228 73 OTHER ASSETS Interest due 11363 and accrued 641730 on mortgagesj Interest due 102120 and accrued 134 41885 on other assets Rents due 1404680 and accrued on companys property or lease Total carried out Market value of real estate over cost Market value of bonds and stocks over cost New Business Gross premiums due and unre ported on policies in force De cember 31 1900 43421 70 Gross deferred premiums on policies in force December 31 1900 17780 30 135440 05 14046 80 167267 15 14574 19 3711 83 25 26 28 Renewals 147321 21 512770 92 660092 13 132018 43 Totals 43421 70 Deducting cost of collection 20 per cent on new and 20 per cent on renewals 8684 34 Net amount of uncolleded and deferred premiums 34737 36 528073 70 Extended 562811 05 Total assets as per the books of the company 12812592 96 ITEMS NOT ADMITTED Judgments furniture fixtures and safes 66873 42 66j873 42 Agents balances 482422 50 Total 549295 92 S 1 Total assets less items not admitted 12263297 04 VLIABILITIES Net present value of all the outstanding poli cies in force on the 31st day of December 1900 computed according to the actua ries table of mortality with four per cent interest 9653568 34 Net reinsurance reserve 9653568 34 Claims for death losses due and unpaid 15000 00280 COMPTROLLERGENERALS REPORT 5 Claims for death losses in process of adjust ment or adjusted and not due 1313150 08 6 Claims for death losses resisted by the com pany 110973 25 Claims for death losses reported no proof received 386005 49 Total policy claims ts25 12S 82 10 Amount of all unpaid dividends of surplus or other de scription of profits due policyholders 72719 18 13 Amount due on account of salaries rents and office ex penses including taxes 53108 911 Surrender values claimable on policies cancelled whose re serves are not included in item 1 awarded in cases now on appeal 7377 33 16 Amount of any other liability of the company viz Pre miums paid in advance 2874042 28740 42 Premium notes or loans on policies and other obligations in excess of the net value of their policies 17010 03 17 18 19 Liabilities on policyholders account 11658153 03 Gross surplus on policyholders account 605144 01 Total liabilitiesif 12 263 297 04 VIPREMIUM NOTE ACCOUNT Premium notes loans or liens on hand De cember 31 of previous year 621464 75 Premium notes loans or liens received dur ing the year on new policies on old policies 9416433 12 Total 10037897 87 Deductions during the year as follows Amount of notes loans or liens used in payment of losses and claims 126571 28 Amount of notes loans or liens voided by lapse 1244655 44 Amount of notes loans or liens redeemed by maker in cash 417 79 Total reduction of premium note account 1371644 51 Balance note assets at end of the year 8666253 36 Business in the State of Georgia During 1900 T No Amount Number and amount of policies on the lives of citizens of Georgia in force December 31 of previous year including those delinquent 2148 4610050 Delinquent 593 iiOO Nondelinquent 1555 3426550 Number and amount of policies on the lives of citizens of Georgia issued during the year 784 1 146 950 Total 2339 4573500COMPTROLLERGENERALS REPORT 281 Deduct number and amount which have ceased to be in force during the year 709 1278100 Total number and amount of policies in force in Georgia De cember 31 1900 1630 3295400 Amount of losses and claims on policies in Georgia unpaid December 31 of previous year 16 29300 Amount of losses and claims on policies in Georgia incurred during the year 23 64250 Total 39 93550 Amount of losses and claims on policies in Georgia paid during the year 29 67650 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 7226018 notes or credits 671212 total 7897230 BUSINESS IN GEORGIA FOB YEAR ENDING APRIL 30 1901 Insurance in force3368750 00 Premiums 71840 08 Losses 41945 92 Tax 718 40 NATIONAL LIFE INSURANCE COMPANY OF THE UNITED STATES OF AMERICA O D Wetherell President R E Sackett Secretary Principal office 1430 F street N W Washington DC W H Harrison Atlanta Attorney for Service in Georgia icapital stock 1 Amount of capital stock paid up in cash 1000000 00 Amountof net or ledger assets National 1887031 94 Dec 31 of previous year Iowa Life 463745 82 Extendedat 2350777 76 IIINCOME DURING YEAR 1900 1 Cash received for premiums on new policies without deductions for commissions or other ex penses 100344 41 1J Cash received for renewal premi ums without deductions for commissions or other expenses 230499 72 1 Premium notes loans or liens taken in part payment for re newal premiums 7055 80 3 From dividends applied to pay running premiums see item 11 disbursements 262 16282 COMPTROLLERGENERALS REPORT 4J From surrender values applied to purchase paidup insurance and annuities seeitem 15 disburse ments 9120 36 Total 347282 45 i Deduct amount of premiums paid to other companies for reinsur ance on policies in this compa ny new business 143034 re newals 722461 8654 95 7 Total premium income 338627 50 8 Cash received for interest on mortgage loans 28156 42 10 Cash received for interest on premium notes loans or liens 3229 79 11 Cash received for interest on other debts due the company 26144 54 13 Cash received for rents for use of companys property 41191 34 19 From all other sources viz Compromise on death claim 9436 policy fees 283140 interest on deferred premiums 188994 4815 70 Total income Total IIIDISBURSEMENTS DURING YEAR 1900 1 Cash paid for death claims includ ing revisionary additions 138508 69 3 Cash paid for matured endow ments and additions thereto 1434 00 Total 139942 69 7 Total net amount actually paid for losses and matured endowments 139942 69 9 Amount returned to policyholders 3791 88 11 Cash dividends applied to pay running pre miums see item 3 income 262 16 13 Surrender values paid in cash 11056 09 15 Surrender values applied to purchase paid up insurance and annuities see item 4 income 9i20 36 Total paid policyholders 16417318 17 Cash paid for commissions and bonuses to agents lesscommission on reinsurance new policies 7989674 renewals 15 6487 94961 61 18 Cash paid for salaries and allowances to man agers and agents 12864 35 19 Cash paid for medical examiners fees 9 75350 inspection of risks 179717 11550 67 442145 29 2792923 05COMPTROLLERGENERALS REPORT 20 Cash paid for salaries and all other compen sation of officers and other home office em ployes 36503 43 21 Cash paid for taxes on new premiums 1 92995 on renewals 443427 6364 22 22 Cash paid on real estate 1157765 on fran chise 2440 personal 55184 14569 49 23 Cash paid for insurance department fees and agents licenses 225500 municipal li encses 26 2281 00 24 Cash paid for rent 4389 40 25 Cash paid for commuting commissions 2500 00 26 Cash paid for furniture fixtures and safes for home and agency offices 363 31 27 Cash paid for advertising 439259 print ing stationery and supplies 403457 8427 16 28 Cash paid for real estate expenses other than taxes 4084087 for legal expenses 1930619 60147 06 29 Cash paid for the following items viz Ex change and Coll 13422 express 18041 Are insurance 44 internal revenue 2 67637 miscellaneous expense 5858 postage 160744 telegrams 33077 tel ephone 14220 P L Ctf deposit 38764 actuarial services 469997 fore closure expense 3090 16091 97 Total miscellaneous expense 27101376 30 Total disbursements 31 Balance Invested in the following IVASSETS AS PER LEDGER ACCOUNTS 1 Cost value of real estate exclusive of all incumbrances 772200 53 2 Loans on mortgage first liens on real es tate 3000 2d mortgage 527866 35 3 Loans secured by pledge of bonds stocks or other marketable collaterals 166911 96 4 Loans made in cash to policyholders on this companys policies assigned as collateral 63768 96 5 Premium notes loans or liens on policies in force 16779 52 6 Cost value of bonds and stocks owned ex cluding accrued interest at time of pur chase 682955 00 7 Cash in companys office 12193 88 8 Cash deposited in banks 40287 90 9 Bills receivable 20557 92 10 Agentsledger balances 44845 40 283 435186 94 2357736 11284 COMPTROLLERGENERALS REPORT Law library Tax sale certificates 1087 00 8281 69 11 13 Total net or ledger assets as per balance above 2357736 11 Total net or ledger assets less depreciation 2357736 IT OTHER ASSETS 14 Interest due 1419678 and accrued 734360 on mortgages 21540 38 15 Interest accrued 6267 on bonds and stocks 62 67 16 Interest due 208537 and accrued 455392 on collateral loans 6639 29 17 Interest accrued 22133 on premium notes loans or liens 221 33 18 Interest accrued 14236 on other assets 142 36 19 Rents due 94304 on companys property or lease 943 04 Total carried out 20 Market value of real estate over cost 21 Market value of bonds and stocks over cost 22 Due from other companies for losses or claims on policies of this company reinsured New Business Renewals 23 Gross premiums due and unreported on policies in force Dec 31 1900 26736 73 20762 59 24 Gross deferred premiums on policies in force Dec 31 1900 1520 62 19909 95 Totals 28257 35 40672 54 25 Deduct loading 50 per cent on new and 5 per cent on renew als 14128 67 2033 62 26 Net amount of uncollected and de ferred premiums 14128 68 38638 92 Extended 27 Furniture fixtures and safes 29549 07 4S444 83 2475 00 5000 00 52767 60 7947 92 28 Total assets as per the books of the company 2503910 53 ITEMS NOT ADMITTED 2 Furniture fixtures and safes 7947 92 5 Agentsbalances unsecured 32347 06 7 Bills receivable 17524 86 Total 57819 84 Total assets less items not admitted 2446090 69COMPTROLLERGENERALS REPORT 285 VLIABILITIES Net present value of all the outstanding pol icies in force on the 31st day of December 1900 computed according to the actua ries table of mortality with four per cent interest 1420710 09 Deduct net value of risks of this company reinsured in other solvent companies 34603 16 Net reinsurance reserve 4 Claims for matured endowments due and unpaid 100 00 5 Claims for death losses and matured en dowments in process of adjustment or ad justed and not due 44867 60 Claims for death losses and other policy claims resisted by the company 11938 00 Present value of unpaid amounts on matur ed installment policies face 37000 Amount of trust funds held by the company 23405 00 1386106 93 6 8 Total policy claims 12 Taxes accrued on real estate 14 Interest accrued on real estate encumbrance i 16 Amount of any other liability of the company viz Pre miums paid in advance Surrender values claimable on policies cancelled whose reserves are not included in item 1 80310 60 1924 14 1666 67 38 71 21312 72 17 Liabilities on policyholdersaccount IS Gross surplus on policyholders account 19 Total liabilities 1491359 97 954730 92 2446090 69 VIPREMIUM XOTE ACCOUNT 1 Premium notes loans or liens on hand Decem ber 31 of previous year 14393 62 2 Premium notes loans or liens received during the year on old policies 661784 6617 84 Total Deductions during the year as follows Amount of notes loans or liens redeemed by maker in cash4231 94 21011 46 4231 94 Balance note assets at end of the year 16779 52 Business in Georgia During 1900 Number and amount of policies on the lives of citizens No Amount of Georgia in force December 31 of previous year1012 1623730 99 Number and amount of policies on the lives of citizens of Georgia issued during the year 117 211899 11 Total 112s 1835630 10286 COMPTROLLERGENERALS REPORT Deduct number and amount which have ceased to be in force during the year 748 1228491 64 Total number and amount of policies in force in Georgia December 31 1900 381 607138 46 Amount of losses and claims on policies in Georgia un No Amount paid December 31 of previous year 6 17000 00 Amount of losses and claims on policies in Georgia in curred during the year 6 15500 00 Total 12 32500 00 Amount of losses and claims on policies in Georgia paid during the year 10 25500 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 1795894 notes or credits 15636 total 1811530 BUSINESS IN GEOKGIA FOK YEAR ENDING APRIL 30 1901 Insurance in force 442696 01 Premiums 14806 83 Losses 13718 00 Tax 148 06 NATIONAL LIFE INSURANCE COMPANY OF VERMONT James 0 Houghton President Osman D Clark Secretary John T Moody Atlanta Attorney for Service in Georgia Principal Office 116 State street Montpelier Vt icapital stock Amount of net or ledger assets December 31 of previous year16646927 20 Extended at16646927 20 iiincome during year 1900 1 Cash received for premiums on new policies without deductions for commis sions or other expenses 611541 53 14 Cash received for renewal premiums without deduc tions for commissions or other expenses 2 819779 90 2 Premium notes loans or liens taken in part pay ment for premiums on new policies 511 27COMPTROLLERGENERALS REPORT 28T 2J Premium notes loans or liens taken in part pay ment for renewal premi ums 243975 79 3 From dividends applied to pay running premiums see item 11 disburse ments 106565 77 3L From dividends applied to purchase paidup addi tions and annuities see item 12 disbursements 4627 94 5 Consideration for annuities other than matured in stallment policies 136852 69 Total 3923854 89 7 Total premium income 3923854 89 8 Cash received for interest on mortgage loans 258410 19 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 13 Cash received for rents for use of com panys property including 400000 for companys own occupancy 123394 55 Total income 4756953 6fr Total21403880 6 IIIDISBURSEMENTS DURING YEAR 1900 1 Cash paid for death claims in cluding revisionary additions 846806 53 2 Premium notes loans or liens used in payment of the same 8587 59 3 Cash paid for matured endow ments and additions thereto 128004 00 5 Cash paid for sums falling due during the year on install ment policies 5228 26 286680 57 147044 01 16959 41 610 04 Total 988626 38 Total net amount actually paid for losses and matured endowments 988626 88 Cash paid to annuitants 19972 22 Premium notes loans or liens used in pur chase of surrendered policies 4771321 47713 2J283 COMPTROLLERGENERALS REPORT 9 Premium notes loans or liens used in pay ment of dividends to policyholders 39 49 1C Cash dividends paid policyholders 41188 99 11 Cash dividends applied to pay running pre miums see item 3 income 106565 77 12 Cash dividends applied to purchase paidup additions and annuities see item 3J in come 4627 94 13 Surrender values paid in cash 360219 82 Total paid policyholders 156895382 17 Cash paid for commissions and bonuses to agents less commission on reinsurance new policies 35747981 renewals 216 18126 annuities 801671 581677 7S 18 Cash paid for salaries and allowances to managers and agents 72551 87 19 Cash paid for medical examiners fees 43 59200 inspection of risks 417832 47770 32 20 Cash paid for salaries and all other compen sation of officers and other home office employes 74697 08 21 Cash paid for taxes on new premiums 10 66880 on renewals 4291958 53588 38 22 Cash paid for taxes on reserves 649110 on investments 3537345 41864 55 23 Cash paid for insurance department fees and agents licenses 293085 municipal li censes 175600 4686 94 24 Cash paid for rent including 400000 com panys occupancy 32887 83 26 Cash paid for furniture fixtures and safes for home and agency offices 12239 16 27 Cash pid for advertising 1723474 print ing 1002823 postage 1480745 42070 42 28 Cash paid for real estate expenses other than taxes 6689001 for legal expenses 11655732 73447 33 29 Cash paid for the following items viz Premiums on bonds 2898088 account depreciation 15622910 U S revenue stamps 1305191 travel 526529 Minn exam 688331 210410 49 Total miscellaneous expenses 124789215 30 Total disbursements 2816845 97 31 Balance 18587084 89 Invested in the following IVASSETS AS PER LEDGER ACCOUNTS 1 a Cost value of real estate exclusive of all incumbrances1819450 25COMPTROLLERGENERALS REPORT 34750 00 2010457 96 2 Loans on mortgage first liens on real estate 6289004 19 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 col lateral 5 b Premium notes loans or liens on poli cies in force of which 24448706 was re ceived during the year 685315 74 6 c Cost value of bonds and stocks owned excluding accrued interest at time of pur chase 7 Cash in companys office Cash deposited in banks 720 289 10 Agents debit leger balances Less agents credit balances Total net or ledger assets as per 7025700 68 3758 12 396 42 6426 34 18595289 70 8254 81 Til balance above 18587034 8 Jd lotal net or ledger assets less depreciation18587034 89 OTHER ASSETS 14 Interest due 3302588 and accrued 107 41354 on mortgages claimed as an asset 15 Interest due 1430500 and accrued 114 79062 on bonds and stocks and warrants 116 Interest accrued 1694 01 on collateral loans 17 Interest due 1313615 and accrued 7863467 on premium notes loans or liens 18 Interest accrued 80860 on other assets 19 Rent accrued 1402645 on companys prop erty or lease 140439 42 129095 62 1694 01 91770 82 808 60 14026 45 Total carried out 377 834 92 21 Market value of bonds and stocks over cost 428gOO 00 93 imm i New Business Renewals Z6 jross premiums due and unre poned on policies in force December 31 1900 126068 56 134665 47 4 Orross deferred premiums on policies in force December 31 1900 Totals 25 Deducting loading 57 per cent on new and 7 per cent on renewals 50278 52 299332 26 176337 08 433997 73 100512 14 30379 81 26 Net amount of uncollected and deferred premiums Extended 27 Annuity considerations in process of collection net 75824 94 403617 89 28 479442 83 28715 72 19eg Total assets as per the books of the company 19901928 36290 COMPTROLLERGENERALS REPORT VLIABILITIES 1 Net present value of all the outstanding policies in force on the 31st day of Decem ber 1900 computed according to the actu arys table of mortality with four per cent interest17345485 82 Net reinsurance reserve 5 Claims for death losses and matured endow ments in i process of adjustment or ad justed and not due 38S00 00 6 Claims for death losses and other policy claims resisted by the company 5000 00 7 Amounts due and unpaid on annuity claims 180 92 8 Present value of unpaid amounts on matured installment policies face 6376375 52933 38 Total policy claims 10 Amount of all unpaid dividends of surplus or other de scription of profits due policyholders 11 Commission due agents on premium notes when paid 12 Amount of national State or other taxes accrued 13 Amount due and accrued on account of salaries rents and office expenses etc 16 Amount of any other liability of the company viz Pre miums paid in advance 245687 extra life rate endt reserve 33973584 surrender values on cancelled poli cies due and unpaid 1421207 17 Liabilities on policyholders account 18 Gross surplus on policyholders account 19 Total liabilities 20 Estimated surplus accrued on tontine or other policies the profits upon which are especi ally reserved for that class of policies 1080719 34 21 Estimated surplus accrued on all other policies 923212 28 17346485 82 96914 30 8960 22 72359 60301 20 28206 83 356404 78 17897996 74 2003931 62 19901928 36 VIPRIMIUM NOTE ACCOUNT 1 Premium notes loans or liens on hand De cember 31 of previous year 5S8086 84 2 Premium notes loans or liens received dur ing the year on new policies 51127 on old policies 24397579 214487 06 Total Deductions during the year as follows Amount of notes loans or liens used in pay ment of losses and claims 8587 59 Amount of notes loans or liens used in pur chase of surrendered policies 47713 21 832573 90COMPTROLLERGENERALS REPORT 291 Amount of notes loans or liens used in pay ment of dividends to policyholders 39 49 Amount of notes loans or liens redeemed by maker in cash 90887 87 Total reduction of premium note account 147228 16 Balance note assets at end of the year 685345 74 NEW ENGLAND MUTUAL LIFE INSURANCE COMPANY OF THE STATE OF MASSACHUSETTS Benjamin F Stevens President S F Trull Secretary Principal Office Postoffice Square Boston Mass W E Grady Savannah Attorney for Service in Georgia ICAPITAL STOCK Amount of net or ledger assets December 31 of pre vious year27260065 75 Extended at 27260065 75 IIINCOME DURING YEAR 1900 1 Cash received for premiums on new policies withoutde ductions for commissions or other expenses 452680 49 1 Cash received for renewal premiums without deduc tions for commissions or other expenses 3133155 09 2 Premium notes loans or liens taken in part payment for renewal premiums 20973 34 3 From distributions applied to pay running premiums see item 11 disbursements 389506 96 31 From distributions applied to purchase paidup addi tions see item 12 disburse ments 22376 65 4 From surrender values ap plied to purchase paidup insurance see item 15 dis bursements 40717 80 Total 4059410 33 7 Total premium income 4059410 33 8 Cash received for interest on mortgage loans 339733 86 9 Cash received for interest on bonds owned and dividends on stock 595 420 47 10 Cash received for interest on premium notes loans or liens 110080 27292 COMPTROLLERGENERALS REPORT 11 13 37 Cash received for interest on other debts due the company collateral loans Cash received as discount on claims paid in advance and interest on bank balances Cash received for rents for use of com panys property including for com panys own occupancy Premium notes loans or liens restored by revival of poilices 85345 Total income 3 96400 08 12241 99 139881 93 537 108 93 16134 29 448655 53 1111 47 7 9 in 11 12 13 15 17 18 Total 32633234 68 IIIDISBURSEMENTS DURING YEAR 1900 Cash paid for death claims including revisionary addi tions 1664893 71 Premium notes loans or liens used in payment of the same Cash paid for matured and discounted endowments and additions thereto Premium notes loans or liens used in the payment of same Total 2130795 00 Total net amount actually paid for losses and matured and discounted endow ments Premium notes loans or liens used in pur chase of surrendered policies 663371 voided by lapse 553183 less renewed if85345 plus policy loans 251900 Premium notes loans or liens used in pay ment of distributions to policyholders Cash distributions paid policyholders Cash distributions applied to pay running premiums see item 3 income Cash distributions applied to purchase paidup additions see item 3t income Surrender values paid in cash Surrender values applied to purchase paid up insurance see item 4J income Cash paid for commissions and bonuses to agents less commission on reinsurance new policies 22988127 renewals 164 25354 Cash paid for salaries and allowances to managers and agents 2130795 00 13831 09 1728 75 56783 05 389506 96 22376 65 481470 5L 40717 80 394134 81 34443 30 COMPTROLLERGENERALS REPORT 293 19 Cash paid for medical examineers fees 25583 19 20 Cash paid for salaries and all other compen sation of officers and other home office employes 140518 58 21 Cash paid for taxes on premiums 3700362 real estate 3577553 72779 15 22 Cash paid for taxes on reserves 27869 90 23 Cash paid for insurance department fees and agents licenses 806551 municipal licenses 153321 9598 72 21 Cash paid for rent including com panys occupancy less received un der sublease 24856 74 25 Cash paid for commuting commissions 6252 73 26 Cash paid for furniture fixtures and safes for home and agency offices 314064 XT S Internal Revenue 998079 13121 43 27 Cash paid for advertising 3139967 print ing and stationery 1977549 postage 305816 54233 32 28 Cash paid for real estate expenses other than taxes 7243444 for legal expenses 425668 70691 12 29 Cash paid for the following items viz Travel telegraph and telephone service light express exchange and all other general items and incidentals at home office and agencies 27761 04 Balance of profit and loss account 59756 37 Total miscellaneous expenses 90784403 30 Total disbursements 4104810 21 31 Balance 28528424 47 Invested in the following IVASSETS AS PER LEDGER ACCOUNTS 1 Cost value of real estate exclusive of all incumbrances 2376526 64 2 Loans on mortgage first liens on real es tate 8150238 69 3 Loans secured by pledge of bonds stocks or other marketable collaterals 2233870 00 4 Loans made in cash to policyholders on this companys policies assigned as col lateral 1185255 77 5 Premium notes loans or liens on policies in force 256377 81 6 Cost value of bonds and stocks owned ex cluding accrued interest at time of pur chase 13735143 65294 COMPTROLLERGENERALS REPORT Cash deposited in banks 591011 91 13 Total net or ledger assets less depreciation 28528424 47 OTHER ASSETS 14 Interest due 1549906 and accrued 7780600 on mortgages 93305 06 15 Interest accrued 3230850 on bonds and stocks 32308 50 16 Interest accrued 2054660 on collateral loans 20546 60 17 Interest due 235916 and accrued 25 36843 on premium notes loans or liens 27727 59 18 Interest accrued 30570 on other assets 305 70 19 Rents due 222137 and accrued 11 42625 on companys property or lease 13647 62 Total carried out 187841 07 21 Market value of bonds and stocks over cost 1673633 35 New Business Renewals 23 Gross premiums due and un reported on polices in force December 31 1900 24 Gross deferred premiums on policies in force Decem ber 31 1900 63692 50 410528 52 25 Totals Deducting loading 20 per cent on new and 20 per cent on renewals Net amount of uncollected and deferred premiums Extended 54675 89 139944 99 118368 39 550473 51 23673 68 94694 71 110094 70 440378 81 535073 52 28 Total assets as per the books of the company 30924972 41 ITEMS NOT ADMITTED I 9 Total assets less items not admitted 30924972 41 VLIABILITIES Net present value of all the outstanding policies in force on the 31st day of Decem ber 1900 computed according to the act uaries table of mortality with four per cent interest 27570954 21 Net reinsurance reserve 27570954 21 Claims for death losses due and unpaid 73718 00 Claims for matured endowments due and unpaid 13038 00 Claims for death losses reported no proof received 50273 00COMPTROLLERGENERALS REPORT 295 6 Claims for death losses and other policy claims resisted by the company 18337 00 Total policy claims 155366 00 40 Amount of all unpaid distributions of surplus or other description of profits due policyholders 155153 93 17 Liabilites on policyholders account 27881474 14 18 Gross surplus on policyholders account 3013498 27 19 Total liabilities 30924972 41 VIPREMIUM NOTE ACCOUNT 1 Premium notes loans or liens on hand De cember 31 of previous year 274762 55 2 Premium notes loans or liens received dur ing the year 20973 34 3 Restored by revival of policies 853 45 296589 34 deductions during the year as follows Amount of notes loans or liens used in payment of losses and claims 17245 76 Amount of notes loans or liens used in purchase of surrendered policies 6633 71 Amount of notes loans or liens voided by lapse 5531 83 Amount of notes loans or liens used in payment of distributions to policy holders 1728 75 Amount of notes loans or liens redeemed by maker in cash 907148 4021153 Balance note assets at end of the year 256377 81 Business in Georgia Baring 1900 No Amount Number and amount of policies on the lives of citizens of Georgia in force December 31 of previous year 106 280017 00 Number and amount of policies on the lives of citizens of Georgia issued during the year 35 85723 00 Total 141 365740 00 Deduct number and amount which have ceased to be in force during the year 18 41713 00 Total number and amount of polices in force in Georgia December 31 1900 123 324027 00 Amount of losses and claims on policies in Georgia in curred during the year 3 13000 00 Total 3 13000 00 Amount of losses and claims on policies in Georgia paid during the year 3 13000 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 990744 notes or credits 12925 total10036o9296 COMPTROLLERGENERALS REPORT BUSINESS IN GEORGIA FOR YEAR ENDING APRIL 30 1901 Insurance in force 377692 00 Premiums 10769 67 Tax 107 60 NEW YORK LIFE INSURANCE COMPANY A Purely Mutual Company having no Capital Stock John A McCall President Charles C Whitney Secretary Principal Office Nos 346 and 348 Broadway New York Livingston Mims Atlanta Attorney for Service in Georgia i Amount of invested assets December 31st 1899 223121943 52 IIincome 1900 1 Cash received for premiums on new policies except annui ties without deductions for commissions or other expen ses 10203921 80 2 Cash received for annuities granted in 1900 1131093 06 3 Cash dividends of 1900 applied by the policyholder to pur chase paidup insurance 323367 74 4 Total new premiums11658382 60 5 Received for renewal premiums without deduction for com missions or other expenses 36828322 18 6 Cash dividends of 1900 applied by the policyholder to pay running premiums 395509 28 7 Surrender values applied by the policyholder to pay running premiums 1278804 12788 04 8 Total renewal premiums 37236619 50 9 Total gross premiums 48895002 10 10 Deduct amount of premiums paid to other companies for reinsurance on policies in this company New business 1965101 Renewals 11077296 136423 97 11 Total premium income less reinsurances48758578 13 COMPTROLLERGENERALS REPORT 12 Interest on bonds owned 656672082 and dividends on stock 26370000 6830420 82 13 Interest on mortgage loans 1552644 58 14 Rents from companys proper ties valued at 1692590000 are in gross 95256476 The taxes thereon 22894102 Re pairs and all other charges 19426508 Leaving net re ceipts 529358 66 15 Interest on loans to policy holders 72146602 on pre mium notes and other pre mium obligations 12099197 842457 99 16 Interest on bank and trust com pany deposits etc 202792 59 17 Interest on collateral loans 149451 28 297 Total interest and rents10107125 92 18 19 Deposits on account trust and registered bond policies 48 814 74 Total income 58i914j518 7S Total 282036462 31 IIIDISRURSEMENTS 1900 1 Death claims and dividend ad ditions thereto 12581479 85 2 Matured endowments and addi tions thereto 2949574 98 Total 15531054 83 3 Deduct amount received from other companies for claims on policies of this company re insured 486 36 4 Net amount paid for death claims and endowments 15530568 47 5 Cash paid annuitants 1558 451 70 6 Dividends paid policyholders used to buy new insurance 32336774 to pay running premiums 39550928 2828153 71 7 Surrender values cash 112423186 applied to pay running premiums 1278804 1137019 90 8 Reserve values paid on matured deferred dividend policies only the profits on such are included in dividends item 6 2280661 44 9 Installments paid on trust policies and on registered bond policies 20970 98298 COMPTROLLERGENERALS REPORT Total paid policyholders 2335582620 10 Payments to agents First years commis sions 539914471 Renewal commissions 118737705 total 6586521 76 11 Salaries and allowances for foreign and do mestic agencies including those to mana gers agents and clerks 1544748 71 12 Home office salary account officers and clerks 735954 31 13 Medical examiners fees and salaries 518 73241 inspection of risks 9923523 617967 64 14 Taxes licenses and insurance department fees 432540 45 Taxes and expenses on real estate are de ducted from income on real estate see item 14 of income account above 15 Rent of home office and of branch offices throughout the world 429746 56 16 Advertising account 15395984 printing stationery and bookbinding 33762819 postage exchange cablegrams telegrams telephone express cartage freight etc 21117808 702766 11 17 All other items Legal notarial and Consul fees traveling expenses of agents in spectors and all other officials and all other miscellaneous expenses total 720291 20 Total miscellaneous expenses 1177053674 Total Disbursements 35126362 94 Balance invested as stated246910099 37 IVASSETS 1 Book value of bonds 15721282324 and stocks 296500000 owned market value 17035497341 December 31 1900 16017782324 2 Loans secured by first mortgage number 674 on real estate 34798912 34 3 Real estate 70 pieces unincumbered 16925900 00 4 Cash account Banks and trust companies deposits 14070177 02 5 Loans on companys policies assigned as col lateral Legal reserve to secure same 2200000000 14382768 65 6 Premium notes on policies in force Legal reserve to secure same 390000000 2133364 58 7 Loans secured by pledge of bonds and stocks market value 3683045 00 2894000 00 5 Agency balances 127331999 suspense account 25380355 1527123 54 Total invested assets 246910099 37COMPTROLLERGENERALS REPORT 299 10 11 12 13 14 15 16 17 18 Market value of bonds and stocks over book value10177150 17 Interest due and accrued on bonds owned 1153238 73 Interest due and accrued on bond and mort gage loans 383617 04 Rents due and accrued on companys property 28755 30 Interest accrued on collateral loans and bank deposits 114794 16 Total miscellaneous items 11857555 4o New Business Renewals Gross premiums uncollected December 31 1900 2505409 00 Gross deferred premiums De cember 311900 42671100 2554204 00 426711 00 5059613 00 277362 00 252981 00 140349 00 4806632 00 Total Deduct 65 per cent from new premiums and 5 per cent from renewals Net amount of uncollected and deferred premiums Total unpaid and deferred premiums net 4955981 00 Gross assets December 31 1900263723635 77 Deduct item 8 agency balances etc pursuant to regula tions of insurance department 1527123 54 Total admitted assets per certificate of insurance de partment 262196512 23 VLIABILITIES Net present value of all outstanding policies and additions thereto in force December 31 1900 as computed according to the actuaries or combined experienced table of mortality with four per cent interest by the New York State insurance depart ment 213247839 00 Deduct net value of risks reinsured 215637 00 Total net reserve per certificate of insurance de partment213032202 00 Claims for death losses reportedfull proofs not received 1335370 04 Claims for death losses in process of pay ment proofs completed 341837 37 Claims for matured endowments papers not completed 200993 14 Claims for death losses resisted by the com pany 83750 00300 COMPTROLLERGENERALS REPORT 7 Amount due for annuities claims not pre sented 118710 63 Total policy claims 2080661 18 8 Dividends due policyholders payable on anniversaries of policies 184411 36 9 Premiums paid in advance 457380 64 10 Amount of policy trust funds held by the company 452605 88 Total miscellaneous items 1094397 88 11 Reserve on policies which the company values on a 3 per cent or a Z per cent basis 4283077 00 12 Reserve to provide dividends payable to policyholders during 1901 and in subse quent years per policy contractspayable to policyholders in 1901 3537790 11 Payable to policyholders subsequent to 1901 as the periods mature To holders of 20year period policies 19704511 00 To holders of 15year period policies 7422746 00 To holders of 10year period policies 462976 00 To holders of 5year Dividend policies 257832 00 Aggregate 31385855 11 13 Other funds for all other contingencies 10320319 06 Total liabilities 262196512 23 Business in Georgia During 1900On the Basis of Paidfor Business only No Amount Number and amount of paidfor insurances and addi tions on lives of citizens of said State in force December 31 of previous year 7482 17098045 00 Number and amount of new paidfor insurances on lives of citizens of said State paid for during the year 1770 3115819 00 Total 9252 202KS64 00 Deduct number and amount which have ceased to be in force during the year 718 1599793 00 Total number and amount of paidfor in surances in force in said State December 31 1900 8534 1861407100 No Amount Amount of loses and claims on policies in said State unpaid December 31 of previous year 3 18412 00 Amount of lossess and claims on policies in said State incurred during the year 80 221927 16 Total 83 240339 16COMPTROLLERGENERALS REPORT 301 Amount of losses and claims on policies in said State paid during the year 76 212199 11 What amount of premiums was collected or secured in said State without any deduction for losses dividends commissions or other expenses Ans 64648758 BUSINESS IN GEORGIA FOR YEAR ENDING APRIL 30 1931 Insurance in force 20760300 00 Premiums 651906 67 Losses 247162 00 Tax 0519 07 NORTHWESTERN MUTUAL LIFE INSURANCE COMPANY OP WISCONSIN iH L Palmer President J W Skinner Secretary Home Office corner Broadway and Michigan streets Milwaukee Wis W Woods White Atlanta Ga Attorney for Service in Georgia ICAPITAL STOCK 1 Amount of capital stock authorized nonepurely mutual Amount of net ledger assets December 1 of previous year121264990 72 Extended at121264990 72 IIINCOME DURING YEAR As Shown by the Books at Home Office at Close of Business December 31 1 First years premiums except items 4 and 6 less interest included in deferred pre miums 22108962643650 42 2 Renewal premiums except items 4 and 6 less interest included in deferred pre miums 1223941416053843 41 3 Single premiums except items 4 5 6 and 7 without de ductions for commissions or other expenses 75162 85 4 Dividends applied by policy holders to pay running pre miums renewals 1556 801 09 see item 9 disburse ments1556801 09 5 Dividends applied by policy holders to purchase paidup additions and annuities see item 10 disbursements 535371 04302 COMPTROLLERGENERALS REPORT 6 Surrender values applied to pay running premiums first years premiums see item 12 disbursements 437 15 8 Consideration for annuities other than matured install ment policies 69491 40 9 Total premium income20934757 36 10 Rents from companys prop erty including 13580000 for companys use of own build ing 402043 52 11 Interest on loans on mortgages of real estate3536781 13 11J Interest on loans made to policyholders on this com panys policies assigned as collateral 410887 86 12 Interest on premium notes loans or liens 31080 54 13 Interest on bonds1558222 51 14 Interest on other debts due the company and on deposits in banks 72662 84 15 Discount on claims paid in ad vance 692973 interest on deferred premiums 144 50310 151432 83 16 Total rents and interest 6163111 23 Profit on sales of real estate 6293558 on sale or maturity of securities 62935 58 Total income during the year 27160804 17 Sum of both amounts148425794 89 IIIDISBURSEMENTS DURING YEAR As Sliown by the Books at Home Office at Close of Business December 31 1 For death claims 433201623 additions 9993766 443195389 2 Matured and discounted en dowments 92877800 addi tions 3461500 963393 00 3 Installment death claims 53251 74 Total 5448598 63 5 Total net amount actually paid for losses and matured endowments 6 Paid to annuitants 7 Premium notes voided by lapse 340871 less restored by revival 282236 5448598 63 12860 46 586 35COMPTROLLERGENERALS REPORT 303 8 Dividends paid policyholders 1137158 34 9 Dividends applied by policy holders to pay running pre miums see item 4 income 1556801 09 10 Dividends applied by policy holders to purchase paidup additions and annuities see item 5 income 535371 04 3229330 47 11 Surrender values paid 1163410 41 12 Surrender values applied to pay running premiums see item 6 income 437 15 1163847 56 Total paid policyholders 985522347 15 Commissions to agents new policies 1 16898850 renewal policies 1374 21069 single premium policies 428640 on annuities 84408 2548329 67 18 Salaries and and all other compensation officers 12750000 home office em emplayes 28556427 413064 27 19 Medical examiners fees 12978600 in spection of risks 1769000 147476 00 20 Taxes on new premiums and renewal pre miums 23452156 on reserves 13 28799 municipal and State licenses 984510 tax on income paid to State of Wisconsin 24163616 499290 81 21 Taxes on real estate 11634129 internal revenue taxes 5105920 167400 49 22 Insurance department fees and agents li censes 9t006 45 23 Repairs and expenses other than taxes on real estate 244 813 12 24 Rent including 3580000 for companys use of own building 35800 00 25 Advertising 621708 printing and sta tionery 4497023 postage 6593164 117118 95 26 Legal expenses 3332824 for furniture etc 178848 35116 72 27 Losses on sales of real estate 12055 ST 28 All other items viz Loan expenses 111 61437 exchange 998453 freight and expressage 876543 expenses of trustees and executive committee 35 40031 loss expenses 342791 traveling expenses 809105 adjustment of real estate values 4991779 expense insur ance commissioners examinations 43050 taxation expenses 108100 loss on sale of Birmingham Ala bonds 1000000 lost remittance 625 238719 14304 COMPTROLLERGENERALS REPORT As 1 2 10 11 13 14 15 L7 Total miscellaneous expenses 446819099 Total disbursements14323414 40 Balance134102380 43 Invested in the following IVLEDER ASSETS per Ledger Accounts Shown by the Books at Some Office at Close of Business December 31 Book value real estate unincumbered 4608521 64 Mortgage loans on real estate first liens 7248439747 other than first free from any prior ineumbrance except as to taxes assessed but not due when loans were made and 112 loans where there were contested liens amounting to 67 69405 for which the company has full in demnity 72484397 47 Loans made to policyholders on this com panys policies assigned as collateral 7176615 00 Premium notes on policies in force 285648 93 Book value bonds excluding interest 45697482 02 Cash in companys office 193769 97 Deposited in Bank National Exchange Bank Milwaukee Wis 90598345 First Na tional Bank Milwaukee Wis 143330420 Wiscon sin National Bank Mil waukee Wis 135737998 3890437 60 Agents debit balances g 077 72 Total134149180 38 Deduct Ledger Liabilities Agents credit balances 3870576 all other 809419 4799 95 Total net ledger assets as per balance above 134102380 43 NONLEDHER ASSETS Interest due 11365052 and accrued S449i056 on mortgages 958 611 08 Interest due 1780000 and accrued 744 96196 on bonds 762761 96 Interest due 29800 and accrued 821947 on premium notes loans or liens 8517 47 Interest due 4541938 and accrued 200 16096 on other assets policy loans 245580 34 Rents due 104873 and accrued 30 32510on companys property or lease 31373 83 2006844 68 Market value not including interest in item 11 of bonds over book value 1731245 39COMPTROLLERGENERALS REPORT 305 Q r New Business Renewals lft Gross premiums not more than three months due after period of grace unreported on policies outstanding De cember 31 432325 00 19 Gross deferred premiums on policies outstanding Decem ber 31 167842 00 1283400 00 20 Totals 167842 00 17I572500 21 Deduct cost of collection 43 per cent on new 7 per cent on renewals 73682 64 132110 83 22 Net amount of uncollected and deferred premiums 94159 36 1583614 17 1677773 53 Gross assets139518244 03 DEDUCT ASSETS NOT ADMITTED 3 Agents debit balances not secured by bonds 251100 GQ77 72 Total a 60 72 Total admitted assets 139512166 31 VNONLEDGER LIABILITIES As Shown by the Books at Home Office at Close of Business December SI 1 Net present value of all the outstanding policies in force on the cash paid for basis on the 31st day of December 1900 as computed by the company according to the actuaries table of mortality with four per cent interest108730592 00 Same for annuities including those in reduction of premiums 201494 00 Total1089320S6 00 Net reserve 1108932086 00 I I resent value of amounts not yet due on matured install ment policies face 30458734 304 587 34 3 Matured endowments due and unpaid 56218 00 4 Death losses due and unpaid 44537 95 5 Death losses in process of adjustment or adjusted and not due 187254 90 6 Death losses which have been reported and no proofs received 179 562 33 7 Death losses and other policy claims re sisted by the company not yet outlawed 7684S 83 8 Due and unpaid on annuity claims 20000 on installment policies 30000 500 00 Gross policy claims 544 622 01 20 cg Net PliCy ClEimS 544622 0130G COMPTROLLERGENERALS REPORT 9 Unpaid dividends or other profits due policyholders in cluding those contingent on payment of outstanding and deferred premiums estimated 213993 49 11 Bills accounts commissions medical and legal fees etc due or accrued 65569 83 12 Premiums paid in advance estimated 5500 00 14 Any other liability viz Surplus held to meet tontine and semitontine policy contracts approximate 23 36034600 excess of 3 percent over 4 percent reserve on policies issued since January 31 1899 37855400 special reserve for paidup insurance claimable etc 14025500 23879155 00 Liabilities on policyholders account133945513 67 Gross divisible surplus 5566652 64 Total 139512166 31 VIPREMIUM NOTE ACCOUNT 1 Premium notes loans or liens on hand De cember 31 of previous year 288101 98 2 Premium notes loans or liens received dur ing the year on old policies 7888 63 Restored by revival 2822 36 369S05 97 Deductions during the year as follows Amount of notes loans or liens used in payment of losses and claims 21259 27 Amount of notes loans or liens used in purchase of surrendered policies 1519 67 Amount of notes loans or liens voided by lapse 3408 71 Amount of notes loans or liens used in payment of dividends to policyholders 35292 77 Amountof notes loans or liens redeemed by maker in cash 22676 62 84157 04 Balance note assets at end of the year 285648 93 Business in the State of Georgia During the Year No Amount Number and amounts of policies on the lives of citizens of said State in force December 31 of previous year including new work unreported 4574 9900438 Number and and amount of policies on the lives of citi zens of said State issued during the year 8521 604648 less unreported 118274500 734 1330148 TotaL 5308 11230586 Deduct number and amount which have ceased to be in force during the year including remov als from the State 383 633753 Total number and amount of policies in force in said State December 31 last exclud ng new work unreported 4975 10596833mm COMPTROLLERGENERALS REPORT 307 Amounf of losses and claims on policies in said State un paid December 31 of previous year 546 Amount of losses and claims on policies in said State in curred during the year increased in adjustment 37 81355 Total 37 8290i Amount of losses and claims on policies in said State settled during the year 34 74 501 What amount of premiums was collected or secured in said State during the year in cash and notes or credits not including premiums paid by nonresidents without any deduction for losses dividends commis sions or other expenses Answer Cash 35798710 notes or credits 150753 total 35955403 BUSINESS IN GEORGIA FOR YEAR ENDING APRIL 30 1901 Insurance in force 10596833 00 Premiums 295080 30 Losses 79246 00 Tax 2950 89 PACIFIC MUTUAL LIFE INSURANCE COMPANY SAN FRAN CISCO CAL Geo A Moore President S M Marks Secretary Principal office 508 Montgomery St San Francisco Cal A C Harmon Savannah Attorney for Service in Georgia icapital stock 1 Amout of capital stock paid up in cash 200000 00 Amount of net or ledger assets December 31 of previous year 3420234 07 Extended at 3420234 07 IIINCOME DURING YEAR 1900 1 Cash received for premiums on new policies without de ductions for commissions or other expenses 275188 43 I5 Cash received for renewal pre miums without deductions for commissions or other ex penses 500361 30 3 From dividends applied to pay running premiums see item 11 disbursements 37306 11 3 From dividends applied to pur chas paidup additions and annuities see item 12 dis bursements 46808 31308 COMPTROIXERGEXERALS RErOKT 4 4J From surrender values applied to pay running premiums see item 14 disbursements 3410 63 From surrender values applied to purchase paidup insur ance and annuities see item 15 disbursements 24445 88 Consideration for annuities other than matured install ment policies 4238 82 Total 1389307 51 Deduct amount of premiums paid to other companies for reinsurance on policies in this company new business 856725 renewals 621874 14785 99 Total premium income 1374521 52 Cash received for interest on mortgage loans 39000 69 Cash received for interest on bonds owned and dividends on stock 73164 3 Cash received for interest on premium notes loans or liens 1941 91 Cash received for interest on other debts due the company 12184 35 Cash interest on deferred premiums 8520 82 Cash received for rents for use of companys property includeding 144 000 for com panys own occupancy 33409 38 Cash received for profits on sales of bonds or stocks 323715 real estate 749371 10730 86 From all other sources viz Total pre miums of accident department 478761 85 Total income 2032235 73 Total 5452469 80 IIIDISBtmSEMENTS DURING YEAR 1900 1 Cash paid for death claims in cluding revisionary addi tions 278410 31 3 Cash paid for matured endow ments and additions thereto 50297 82 5 Cash paid for sums falling due during the year on install ment policies 1500 00 Total 33u208 13 7 Total net amount actually paid for losses and matured endowments 411976 58 S Cash paid to annuitants 3785 06 10 Cash dividends paid to policyholders 1674 06 6 7 8 9 10 11 12 13 14 19COMPTROLLERGENERALS REPORT 309 11 Cash dividends applied to pay running pre miums see item 3 income 37308 11 12 Cash dividends applied to purchase paidup additions and annuities see item 3J in in come 46803 31 13 Surrender values paid in cash 24776 31 14 Surrender values applied to pay running premiums see item 4 income 3410 63 15 Surrender values applied to purchase paid up insurance and annuities see item 4 income 24445 88 Total paid policyholders 17241509 16 Cash paid stockholders for interest or divi dends 14000 00 17 Cash paid for commissions and bonuses to agents less commission on reinsurance new policies 16787868 renewals 41 83065 209709 33 18 Cash paid for salaries and allowances to managers and agents 14672 05 9 Cash paid for medical examiners fees 25378 29 20 Cash paid for salaries and all other com pensation of officers and other home office employes 35170 69 21 Cash paid for taxes on new premiums 1842 70 on renewals 328504 on fran chise 2437 5152 11 22 Cash paid for taxes on reserves real estate 1137950 on revenue 424175 15621 25 23 Caah paid for insurance department fees and agents licenses 322370 municipal licenses 33422 3557 92 24 Cash paid for rent including 840000 com panys occupancy less received un der sublease 13140 57 25 Cash losses on sales of real estate 14918 49 26 Cash losses on sales of securities II 723 67 27 Cafh paid for advertising 430729 print ing 839602 postage43076 17024 07 28 Cash paid for real estate expenses other than taxes 981277 for legal expenses 851482 18357 59 29 Cash paid for the following items viz General expense 1163278 loss and gain 1511850 2675128 Total disbursements accident department 456745 08 Total miscellaneous expenses 42517731 SO Total disbursements 1804185 69 31 Balance 3648284 20310 COMPTROLLERGENERALS REPORT 8 9 10 Investedin the following IVASTETS AS PER LEDGER ACCOUNTS Cost value of real estate exclusive of all in cumbranoes 922985 14 Loans on mortgage first liens on real estate 724839 79 Loans made in cash to policyholders on this companys policies assigned as col lateral 173672 78 Premium notes loans or liens on policies in force 35256 80 Cost value of bonds and stocks owned ex cluding accrued interest at time of pur chase 1611621 35 Cash in companys office 1628 65 Cash deposited in banks 126687 04 Bills receivable 4460 30 Agents ledger balances of which was advanced during the year 24022 70 Furniture and fixtures 23109 65 11 13 14 15 17 18 19 2l 23 Total net or ledger assets as per balance above 3648284 20 Total net or ledger assets less depreciation 3648284 20 OTHER ASSETS Interest due 347755 and accrued 6219 50 on mortgages 9697 05 Interest due and accrued on bonds and stocks 18157 21 Interest due t58320 and accrued 1286544 on premium notes loans or liens 2948 64 Interest due 372837 and accrued 283615 on other assets 6564 52 Rents due 50588 and accrued 128650 on companys property or lease 1792 38 25 Total carried out Market value of bonds and stocks over cost New Business Gross premiums due and un reported on policies in force December 31 1900 Gross deferred premiums on policies in force December 31 1900 Totals Deducting loading20 percent on new and 20 per cent on renewals 39159 80 124905 55 70356 67 21168 08 Renewals 63420 18 4f127 76 91524 75 18304 95 111547 94 22309 50 Net amount of uncollected and deferred premiums 73219 80 89238 35COMPTROLLERGENERALS REPORT 311 Extended Revenue stamps 278395 printed supplies 600000 Nonledger assets of accident department 162458 15 8783 95 128525 10 21 Total assets as per the books of the company 4112116 75 ITEMS NOT ADMITTED Judgments furniture fixtures and safes Agents balances not secured by bonds Bills receivable Supplies printed matter and stationery 23109 65 19174 79 4460 30 6000 00 Total 52744 74 Total assets less items not admitted 4059372 01 V LIABILITIES 1 Net present value of all the outstanding policies in force on the 31st day of De cember 1900 computed according to the actuaries table of mortality with four per cent interest 3433279 00 Deduct net value of risks of this com pany reinsured in other solvent compa nies 27916 00 Net reinsurance reserve 3 Claims for death losses reported and no proofs received 5 Claims for death losses and matured en dowment in process of adjustment or ad justed and not due 6 Claims for death losses and other policy claims resisted by the company 3502095 09 22114 00 7645 00 19000 00 Total policy claims Total liabilities of accident department 49106 50 180631 07 17 Liabilities on policyholdersaccount 3733869 16 18 Gross surplus on policyholders account 326292 85 19 Total liabilities 4059372 01 VIPREMIUM NOTE ACCOUNT Premium notes loans or liens on hand De cember 31 of previous year 36616 47 Premium notes loans or liens received dur ing the year on new policies on old policies 39289 38 Total Deductions during the year as follow Amount of notes loans or liens used in payment of loses and claims 195 48 75905 85312 COMPTROLLERGENERALS REPORT Amount of notes loans or liens used in puschase of surrendered policies 1106 98 Amount of notes loans or liens used in payment of dividends to policyholders 490 90 1 Amount of notes loans or liens redeemed by maker in cash 33855 69 40619 05 Balance note assets at end of the year 35256 80 Business in Georgia During 1900 No Amount Number and amount of policies on the lives of citizens of Georgia in force December 31 of previous year 37 6750 Number and amount of policies on the lives of citizens of Georgia issued during the year 58 139000 Total 95 200500 Deduct number and amount which have ceased to be in force during the year 26 65500 Total number and amount of policies in force in Georgia December 31 1900 69 141000 No Amount Amount of losses and claims on policies in Georgia unpaid December 31 of previous year 1 5000 Total 1 5000 Amount of losses and claims on policies in Georgia paid dur ing the year 1 5000 What amount of premiums was collected or secured in Georgia during t he year in cash and notes or credits without any deduction for losses dividends commissions or other expenses Answer Cash 383398 total 383398 BUSINESS IN GEOEGIA FOR YEAR ENDING APRIL 30 l901 Insurance in force 181500 00 Premiums 468 95 Tax life 46 83 Accident business 57 51 PENN MUTUAL LIFE INSURANCE COMPANY Harry F West President Henry C Brown Secretary Home Office Nos 921 923 and 925 Chestnut street Philadelphia Pa H C Bagley Atlanta Attorney for Service in Georgia ICAPITAL STOCK Amount of net ledger assets December31 of previous year37757980 25 Decrease of capital during 1900 being deduc tion to bring assets to market value 01640 18 Extended at 37696340 07COMPTROLLERGENERALS REPORT 313 IIINCOME DURING 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 in cluded in deferred premiums and for first years rein surance 1328473 15 2 Renewal premiums except items 3 and 5 less interest in cluded in deferred premiums and 454301 for renewal reinsurance 5799615 09 3 Single premiums except items 4 5 Hand 7 without deductions for commissions or other ex penses 35810 90 4 Dividends applied by policy holders to pay running premi ums first year premiums renewals 56 see item 9 disbursements 690136 36 5 Dividends applied by policyhold ers to purchase paidup addi tions and annuities see item 10 disbursements 216914 14 6 Surrender values applied to pay running premiums first year premiums 1763373 renewals 3696845 see item 12 disburse ments 54602 18 7 Surrender values applied to pur chase paidup insurance and annuities see item 13 disburse ments 143850 00 8 Consideration for annuities oth er than matured installment pol icies 552136 83 9 Total premium income 10 Rents from companys property including for companys use of own buildings 193949 86 Interest on loans on mortgages of real estate 787828 81 Interest on collateral loans in cluding premium notes loans or liens 433607 51 Interest on bonds and dividends on stocks 621436 41 821538 65 11 12 13314 COMPTROLLERGENERALS REPORT 14 Interest on other debts due the company and on deposits in banks 15980 05 Total rents and interest 2052802 67 16 Profit on sales of real estate 3113563 on sale or maturity ot securities 28488 00 59623 63 18 From other sources viz Suspended bank dividends 7295 bonuses on mortgages 189360 agents balance recovered 50 00 2016 55 Total income during the year 10935981 50 Sum of both amounts 48632321 57 IIIDISBURSEMENTS DURING YEAR As Shown by the Books at Home Office at Close of Business December 31 1 For death claims 215186819 additions 3010300 2181971 19 2 Matured endowments 505 45600 additions 1085000 516306 00 3 Installment death claims 10711100 5 Total 2805388 19 Total net amount actually paid for losses and matured endowments 6 Paid to annuitants 7 Premium notes voided by lapse less 3 398 10 restored by revival 9 Dividends applied by policyholders to pay running premiums see item 4 income 10 Dividends applied by policyholders to pur chase paidup additions and annuities see item 5 income 11 Surrender values paid less received on surrendered reinsurances 12 Surrender values applied to pay running premiums see item 6 income 13 Surrender values applied to purchase paid up insurance and annuities see item 7 income Total paid policyholders 455204176 15 Commissions and bonuses to agents less commissions received on reinsurances new policies 72464928 renewal policies 365 ti7276 single premium policies 225411 on annuities 1062758 16 Commuting renewal commissions 17 Salaries and allowances for agencies includ ing managers agents and clerks 18 Salaries and all other compensation officers 4700000 home office employees 123 95721 280538S 19 111317 06 37104 37 690136 36 216914 14 492729 46 54602 18 143850 00 5073 74 86712 46 170957 21COMPTROLLERGENERALS REPORT 315 19 20 21 22 23 24 25 26 28 Medical examiners fees 8184494 inspec tion of risks 1008798 91932 92 Taxes on new premiums 2031021 renewal premiums 6648555 on franchise S on reserves 997097 municipal licenses 1618740 26158 37 Taxes on real estate 5147739 on other in vestments 18683137 238308 76 Insurance department fees and agents li censes 1186860 internal revenue tax 3368679 45555 39 Repairs and expenses other than taxes on real estate 116264 17 Rents including for companys use of own building less received under sublease 41299 52 Advertising 2733488 printing and station ery 2097630 postage 2041935 68730 53 Legal expenses 1729136 for furniture etc 473944 22030 80 All other items viz Home office expenses 41327 14 Fire and other insurance 11331 23 Total miscellaneous expenses 215568173 Total disbursements 6707723 49 Balance 41924598 C8 Invested in the following IVLEDGER ASSETS As per Ledger Accounts Shown by the Books at Home Office at Close of December 31 1 Book value of real estate unincumbered 2 Mortgage loans on real estate first liens 3 Loans secured by pledge of bonds stocks or other collateral 4 Loans made to policyholders on this compa nys policies assigned as collateral 5 Premium notes on policies in force of which 1138205 is for first years premiums 6 Book value bonds excluding interest 13 27544660 stocks 30541800 7 Cash in companys office 5774 63 depos ited in banks 77200000 Fidelity 70000 real estate 75000 Western 100000 Phil adelphia 160000 Penn 150000 City Trust 14000 Hanover 103000 Title Guarantee 100000 Furniture 8 Bills receivable 15014255 agents debit balances 556589 2611747 49 15882579 23 4402748 03 3341332 00 1069003 34 13580S6460 777774 63 3900 00 155708 44316 COMPTROLLERGENERALS REPORT Temporary obligations for premiums mainly secured by reserves on policies 104207 22 Total 41929864 98 Deduct Ledger Liabilities 9 Agentscredit balances 5266 90 Total net ledger assets as per balance above 41924598 OS NONLEDGER ASSETS 10 Interest due 3558403 and accrued 248 68865 on mortgages 284272 68 11 Interest due and accrued 9824110 on bonds and stocks 98241 10 12 Interest due 174750 and accrued 609436 on collateral loans 7841 86 14 Interest due and accrued 300000 on other assets 3000 00 15 Rents due 5834 62 and accrued 443350 on companys property or lease 10268 12 17 Market value of bonds and stocks over book value 403623 76 541880 40 New Business 18 Gross premiums not more than three months due after period of grace unreported on out standing policies in force Dec 31 292542 29 19 Gross deferred premiums on out standing policies in force Dec 31 107104 35 20 Totals 399646 64 21 Deduct cost of collection 53 per cent on new 5V0 per cent on renewals 215009 89 22 Net amount of uncollected and Renewals 355147 17 536595 38 891742 55 48332 45 deferred premiums 184636 75 843410 10 1028046 85 Gross assets 43898149 09 DEDUCT ASSETS NOT ADMITTED 2 Supplies printed matter stationery furni ture fixtures safes etc 3 Commuted commissions agents debit balances unsecured 4 Loans on personal security endorsed or not bills receivable unsecured 6 Commissions payable to agents on premium notes when paid Total nonadmitted assets Total admitted assets 3900 00 818467 26051 81 14029 82 47166 30 43850982 79COMPTROLLERGENERALS REPORT 317 VSONLEDGER LIABILITIES As Shown by the Books at Home Office at Close of Business December 31 Net present value of all the outstanding pol icies in force on the 31st day of December 1900 as computed by the Pennsylvania in surance department according to the actua ries table of mortality with four per cent interest 35675419 00 Same for reversionary additions 66764100 Same for annuities including those in re duction of premiums 743 532 00 Total 37086592 00 Deduct net value of risks of this compa ny reinsured in other solvent com panies 52108 00 Net reserve 7 37034484 Present value of amounts not yet due on matured install ment policies face 44149300 Death losses in process of adjustment or ad justed arid not due 182406 76 Gross policy claims Net policy claims 00 343259 00 182406 76 9 Unpaid dividends or other profits due policyholders in cluding those contingent on payment of outstanding and deferred premiums 12 Premiums paid in advance 14 Any other liability viz Scrip outstanding Trust deposits Special Z per cent reserve Surplus accuinulated upon special forms of policies 182406 76 65393 36 36565 10 8580 00 12778 00 469041 00 2483983 85 Liabilities on policyholdersaccount 40636 491 07 Gross divisible surplus 3 214491 72 Total 43850982 Business in Georgia During the said Year No 79 Number and amount of policies on the lives of citizens of said State in force December 31 of previous year Number and amount of policies on the lives of citizens of said State issued during the year 2715 1690 Total 4405 Deduct number and amount which have ceased to be in force during the year 624 Total number and amount of policies in force in said State Dec 31 1900 Amount of losses and claims on policies in said State incurred during the year Total 7 33 3781 33 Amount 6942750 3458500 10401250 1774700 t8626550 78060 49 78060 49 318 COMPTROLLERGENERALS REPORT Amount of losses and claims on policies in said State settled during the year in cash 28 56060 49 Notdue 5 22000 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 AnswerCash 244 533 89 notes or credits 1469983 total 25923372 Commuted value 3389923 Commuted value 8503005 BUSINESS IN GEORGIA FOR YEAR ENDING APRIL 30 1901 Insurance in force9405860 00 Premiums 283984 25 Losses 102312 00 Tax 2839 84 PHCENIX MUTUAL LIFE INSURANCE COMPANY OF HARTFORD Jonathan B Bojce President Charles H Lawrence Secretary Principal office 49 Pearl Street Hartford Ct Chas S Arnall Atlanta Attorney for Service in Georgia icapital stock Amount of netor ledger assets December 31 of pre vious year11810069 50 Extended at 11810 069 50 iiincome during year 1900 1 Cash received for premiums on new policies without deduc tions for commissions or other expenses 5S2779 59 11 Cash received for renewal pre miumswithout deductions for commissions or other expenses 1633763 36 2 Premium notes loans or leins taken in part payment for pre miums on new policies 5996 00 2 Premium notes loans or liens taken in part payment for re newal premiums 3788 00 3 From dividends applied to pay running premiums see item 11 disbursements 186840 66 3J From dividends applied to pur chase pddup additions and annuities see item 12 dis bursements 53254 20 4 From surrender values applied to pay running premiums see item 14 disbursements 4460 05COMPTROLLERGENERALS REPORT 319 A From surrender values applied to purchase paidup insurance and annuities see item 15 disbursements 5 Consideration for annuities oth er than matured installment policies 57604 00 29301 55 Total 2557787 41 6 Deduct amount of premiums paid to other companies for rein surance on policies in this company new business 5 06283 renewals 1063178 15694 61 10 11 7 Total premium income 2542092 80 8 Cash received for interest on mortgage loans 358182 41 9 Cash received for interest on bonds owned and dividends on stock 171437 56 Cash received for interest on policy loans pre mium notes loans or liens 52058 34 Cash received for interest on other debts due the company 9889 89 12 Cash received as discount on claims paid in ad vance 184 84 13 Cash received for rents for use of companys property including 8000 for companys own occupancy 52667 34 14 Cash received for profits on sale of real estate 14720 18 19 From all other sources viz Profit and loss ac count guarantee of mortgage loans 2979 45 Total income 3204212 81 Total 15014282 31 IIIDISBURSEMENTS DURING YEAR 1900 1 Cash paid for death claims in cluding revisionary additions 846438 08 2 Premium notes loans or liens used in payment of the same 21993 89 3 Cash paid for matured endow ments and additions thereto 116038 34 4 Premium notes loans or liens used in the payment of same 926 66 5 Cash paid for sums falling due during the year on installment policies 3766 67 Total 989163 64 7 Total net amount actually paid for losses and matured endowments 989163 64 S Cash paid to annuitants 6825 73320 COMPTROLLERGENERALS REPORT 9 Premium notes loans or liens used in purchase of surrendered policies 389216 voided by lapse 517360 8565 76 9J Premium notes loans or liens used inpayment of dividends to policyholders 419 91 10 Cash dividends paid policyholders 3865 90 11 Cash dividends applied to pxy running pre miums see item 3 income 186840 66 12 Cash dividends appied to purchase paidup ad ditions and annuities see item 3J income 53254 20 13 Surrender values paid in cash 146976 18 14 Surrender values applied to pay running pre miums see item 4 income 4460 05 15 Surrender values applied to purchase paidup insurance and annuities see item 4income 57604 00 Total paid policyholdeisSl45797603 17 Cash paid for commissions and bonuses to agents less commission on reinsurance new policies 288905 23 renewals 11343833 annuities 150206 403895 62 18 Cash paid for salaries and allowances to man agers and agents 63316 98 19 Cash paid for medical examiners fees 47270 15 inspection of risks 542185 52692 00 20 Cash paid for salaries and all other compensa tion of officers and other home office em ployees 78431 63 21 Cash paid for taxes on new premiums 5534 88 on renewals 1569146 21226 31 22 Cash paid for taxes on reserves 115207 on franchise 2840619 internal revenue 9 37648 38934 74 23 Cash paid for insurance department fees and agentslicenses 4513 64 municipal licenses 298778 7501 42 24 Cash paid for rent including 8000 companys occupancy less received under sublease 25954 70 25 Cash paid for commuting commissions 380 00 26 Cash paid for furniture fixtures and safes for home and agency offices 3422 96 27 Cash paid for advertising 1440298 printing 2052194 exchange 81433 sundry ex penses 1427018 50009 43 28 Cash paid for real estate expenses other than taxes 2040969 for legal expenses 2 01746 22427 15 29 Cash paid for the following items viz loss on sales of securities 219659 postage 10 6W11 2810 70 Profit and loss account agents ledger bal ances 137153 foreclosure expenses 2 28240 3653 93COMPTROLLERGENERALS REPORT 321 Cash paid for taxes on real estate 8829 12 30 Total disbursements 2 261462 75 81 Balance 12752819 56 Invested in the following IVASSETS AS PER LEDGER ACCOUNTS 1 Cost value of real estate exclusive of all in curnbrances 1017625 19 2 Loans on mortgage first liens on real estate 6780531 98 3 Loans secured by pledge of bonds stocks or other marketable collaterals 1000 00 4 Loans made in cash to policyholders on this companys policies assigned as collateral 534457 00 5 Premium notes loans or liens on policies in force of which 978400 was received during teyear 303416 57 6 Cost value of bonds and stocks owned exclud ing accrued interest at time of purchase3693239 27 7 Cash in companys office 358 42 8 Cash deposited in banks 422 191 13 11 Total net or ledger assets as per balance above 12752819 56 13 Total net or ledger assets less depreciation 12752819 56 OTHER ASSETS 14 Interest due 1748344and accrued 12041500 on mortgages 137898 u 17 Interest due 4 406 28 Total carried out 142 304 72 21 Market value of bonds and stocks over cost 157705 97 New Business Renewals 2j Gross premiums due and unre ported on policies in force De cember 311900 56719 13 70586 21 24 Gross deferred premiums on poli cies in force December 311900 30816 40 135172 05 Totals 87g35 53 205758 26 Deducting cost of collection 58 per cent on new and 6 per cent on renewals 50770 61 12345 50 26 Net amount of uncollected and deferred premiums 36764 92 193412 76 ExteDded 230177 68 28 Total assets as per the books of the company 13283007 93322 COMPTROLLERGENERALS REPORT VLIABILITIES Net present value of all the outstanding poli cies in force on the 31st day of December 1900 computed according to the actuaries table of mortality with four per cent inter est Deduct net value of risks of this company reinsured in other solvent companies 125518 00 397 61 Net reinsurance reserve 3 Special policy reserve 5 Claims for death losses and matured endow ments in process of adjustment or adjusted and not due 6 Claims for death losses and other policy claims reported but no proofs received 8 Present value of unpaid amounts on matured installment policies 12512039 00 132427 00 19275 00 15318 00 27457 00 Total policy claims 16 Amountofany other liability of the company viz pre miums paid in advance 62050 00 5707 00 17 18 19 Liabilities on policyholders account Gross surplus on policyholders account Total liabilities 1271522 00 567784 93 13283117 91 VIPREMIUM NOTE ACCOUNT 1 Premium notes loans or liens on hand Decem ber 31 of previous year 334909 95 2 Premium notes loans or liens received during the year on new policies 5996 on old poli cies 378800 9781 00 Total Deduction during the year as follows Amount of notes loans or liens used in pay ment of losses and claims 22920 55 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 01 liens redeemed by maker in cash Balance note assets at end of the year Business in Georgia During 1900 Number Number and amount of policies on the lives of citi zens of Georgia in force December 31 of pre vious year Number and amount of policies on the lives of citi zens of Georgia issued during the year 344193 95 3392 16 5173 00 419 91 9371 16 791 168 41277 38 303410 57 1739660 00 303000 00 Total 959 2042660 00COMPTROLLERGENEIIALS REPORT 323 Deduct number and amount which have ceased to be in force during the year 134 236 000 00 Total number and amount of policies in force in Georgia December 31 1930 825 1806600 00 a Number Amount Amount of losses and claims on polices in Georgia incurred during the year 13 36907 00 Total 13 36907 00 Amount of losses and claims on polices in Georgia paid during the year 12 31907 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 5734946 dividends 493867 total 6228813 BUSINESS IN GEORGIA FOR YEAR ENDING APRIL 30 1901 Insurance in force1609 200 00 Premiums 56415 70 Losses 38807 00 Tax 564 15 PROVIDENT SAVINGS LIFE ASSURANCE SOCIETY OF NEW YORK Edwaed W Scott President Wm E Stevens Secretary Principal Office 346 Broadway New York N Y J R Nutting Co Atlanta Attorneys for Service in Georgia 1capital stock 1 Amount of capital stock paid up in cash5 100000 00 Amount of net or ledger assets Dec 31 of previous year 2014117 23 Extended at 2614117 23 IIINCOME DURING YEAR 1900 1 Cash received for premiums on new policies without deduc tions for commissions or other expenses 720485 87 1J Cash received for renewal pre miums without deductions for commissions or other expenses 1891048 00 2 Premium notes loans or liens taken in part payment for premiums on new policies 15175 24 2J Premium notes loans or liens taken in part payment for renewal premiums 675155 08324 COMPTROLLERGENERALS REPORT 3 From dividends applied to pay running premiums see item 11 disbursements 104185 38 4i From surrender values applied to purchase paidup insurance and annuities see item 15 disbursements 22188 29 5 Consideration for annuities other than matured install ment policies 1300 00 Total 3429537 80 Deduct amount of premiums paid to other companies for rein surance on policies in this company new business 55 11820 renewals 836107 8479 27 Total premium income 3421058 59 8 9 10 11 13 14 11 17 19 Cash received for interest on mortgage 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 rents for use of companys property including 352000 for companys own occupancy Cash received for profits on sales of bonds or stocks From dividends and surrender values on re insurances Premium notes loans or liens restored by re vival of policies From all other sources viz Profit and loss realestate Mamaroneck N Y 1600000 real estate Tunica Co Miss 655837 16169 29 32909 01 32044 89 8 5S3 18 25236 98 9437 08 108 78 3781 80 22558 37 Total income 3571887 97 Total 6186005 20 1 IIIDISBURSEMENTS DURING YEAR 1900 Cash paid for death claims in cluding revisionary additions Premium notes loans or liens used in payment of the same Cash paid for matured endow ments and additions thereto Cash paid for sums falling due during the year on installment policies 131912s 33 1876 85 269 83 1250 00 Total 1322525 01 COMPTROLLERGENERALS REPORT 325 li Deduct amount received from other companies for losses or claims on policies of this com pany reinsured of which is for matured endowments 10000 00 7 Total net amount actually paid for losses and matured endowments 1312525 01 8 Cash paid to annuitants 1614 40 9 Premium notes loans or liens used in pur chase of surrendered policies 2707189 voided by lapse 9285352 119925 41 10 Cash dividends paid policyholders 17123 15 11 Cash dividends applied to pay running pre miums see item 3 income 104185 38 13 Surrender values paid in cash 42965 89 15 Surrender values applied to purchase paidup insurance and annuities see item 4 in come 22188 29 Total paid policyholders 162055753 16 Cash paid stockholders for interest or dividds 6977 60 17 Cash paid for commissions and bonuses to agents less commission on reinsurance new policies 36661300 renewals 123 49598 490108 98 18 Cash paid for salaries and allowances to man agers and agents 122439 15 19 Cash paid for medical examiners fees 64 32010 inspection of risks 2267212 86992 22 20 Cash paid for salaries and all other compensa tion of officers and other home office em ployes 185731 74 21 Cash paid for taxes on new premiums S 56449 on renewals 3015148 38715 97 22 Cash paid for taxes on reserves 64774 on real estate 306630 3714 04 23 Cash paid for insurance department fees and agents licenses 499548 municipal licenses 243127 7426 75 24 Cash paid for rent including 352000 com panys occupancy 44976 57 25 Cash paid for commuting commissions 97238 34 26 Cash paid for furniture fixtures and safes for home and agency offices 518816 ex change 260464 7792 80 27 Cash paid for advertising 2871844 station ery printing 1573293 postage 1635991 60811 28 28 Cash paid for real estate expenses other than taxes 891509 for legd expenses 26 00722 34922 31326 COMPTROLLERGENERALS REPORT 29 Cash paid for the following items viz At tendance fees 259000 revenue stamps 1789316 20483 16 Expense 2253462 traveling expenses29 40515 profit and loss Traders Bank Tocoma Wash 9835 52038 12 Total miscellaneous expenses 126036903 30 Total disbursements 2880926 56 31 Balance 3305078 64 Invested in the following IVASSETS AS PER LEDGER ACCOUNTS 1 Book value of real estate exclusive of all in cumbrances 458435 22 2 Loans on mortgage first liens on real estate 423200 00 3 Loans secured by pledge of bonds stocks or other marketable collaterals 20705 13 4 Loans made in cash to policyholders on this companys policies assigned as collateral 255855 47 5 Premium notes loans or liens on policies in force of which 69033032 was received during the year 719525 60 6 Book value of bonds and stocks owned ex cluding accrued interest a ttime of purchase 773949 80 7 Cash in companys office 28708 08 8 Cash doposited in banks 439820 10 9 Bills receivable 2264 42 10 Agents ledger balances of which 2040031 was advanced during the year 132614 82 Loans at interest to agents within the value of their contracts securedby surety bond 50000 00 11 Total net or ledger assets as per balance above 3305078 64 13 Total net or ledger assets less depreciation 3305078 64 Other Assets 14 Interest due 421500 and accrued 357406 on mortgages 7789 06 15 Interest accrued on bonds and stocks 10978 84 16 Interest accrued on collateral loans 234 50 17 Interest due 531934 and accrued 22 30760 on premium notes loans or liens 27626 94 18 Interest accrued on other assets 12270 15 19 Rents due 254588 and accrued 208534 on companys property or lease 4631 22 Total carrid out 63530 71 20 Market value of real estate over book value 8722 39 21 Market valu3 of bonds and stocks over book value 63540 73COMPTROLLERGENERALS REPORT 327 23 24 New Business Gross premiums due and unre ported on policies in force Dec 311900 174930 00 Gross deferred premiums on policies in force Dec 31 1900 25351 00 Totals 200281 00 Deducting loading 50per centon new and 5 percent on re newals 10014100 Renewals 267176 00 233827 00 501003 00 25050 00 26 27 28 5 7 Net amount of uncollected and deferred premiums 100140 00 475953 00 Internal revenue stamps on hand Total assets as per the books of the company Items not Admitted Agents balances 132614 82 Bills receivable 2264 42 Total Total assets less items not admitted 576093 00 8369 62 4025335 09 134879 24 3890455 85 v LIABILITIES Net present value of all the outstanding poli cies in force on the 31st day of Dec 1900 computed according to the actuaries table of mortality with 4 per cent interest 3241109 00 Deduct net value of risks of this company re insured in other solvent companies 4 549 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 endow ments in process of adjustment or adjusted and not due 6 Cjaims for death losses and other policy clairhs resisted by the company 8 Present value of unpaid amounts on matured installment policies face 1375000 3236560 00 6320 90 113860 00 50500 00 9134 10 Total policy claims 16 Amount of any other liability of the company viz Pre miums paid in advance 539800 trust funds held by society 50000 surrender values claimable on policies cancelled and not included in item 1 178361 17 Liabilities on policyholders account 18 Gross surplus on policyholders account 179821 00 7681 61 3424062 61 466393 24 19 Total liabilities 3890455 85328 COMPTROLLERGENERALS REPORT VIPREMIUM NOTE ACCOUNT 1 Premium notes loans or liens on hand Dec 31 of previous year 241116 Orf 2 Premium notes loans or liens received during the year on new policies 1517524 on old policies G7515508 690330 32 Restored by revival of policies 3781 80 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 surrender policies Amount of notes loans or liens voided by 935228 18 Amount of notes loans or liens redeemed by maker in cash 1876 85 27071 89 92853 52 93900 32 Balance note assets at end of the year Business in Georgia During 1900 No Number and amount of policies on the lives of citizens of Georgia in force Dec 31 of previous year 1902 Number and amount of policies on the lives of citizens of Georgia issued during the year 375 215702 58 719525 60 Amount 5223957 00 979232 00 Total 2277 Deduct nunber and amount which have ceased to be in force during the year 593 Total number and amount of policies in force in Georgia Dec 31 1900 1034 Amount of losses and claims on policies in Georgia unpaid Dec 31 of previous year 2 Amount of losses and claims on policies in Georgia in curred during the year 20 Total Amount of losses and claims on policies in Georgia paid during the year 20 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 11833913 notes or credits 3151158 total BUSINESS IN GEORGIA FOR YEAR ENDING APRIL 30 1901 Insurance in force Premiums Losses Tax 6203189 00 1863336 00 4339853 00 11000 00 60500 01 71500 00 56500 00 149850 71 4012047 00 174958 01 62000 00 1749 58COMPTROLLERGENERALS REPORT 329 THE PRUDENTIAL INSURANCE COMPANY OF AMERICA OF NEW JERSEY John F Dryden President Forrest F Dryden Secretary Jas O Wynn Atlanta Ga Attorney for Service in Georgia ICAPITAL STOCK 1 Amount of capital stock author ized 200001000 subscribed for2000000 00 2 A mount of capital paid up in cash 2000000 00 Amount of net ledger assets December 31st of previous year32467265 15 Extended at 32467265 15 IIINCOME DURING YEAR As Shown by the Books at Home Office at Close of Business December 31st 1 First years premiums except items 4 and 6 less interest in cluded in deferred premiums 17054941 and 2343227 for first years reinsurance5222393 66 2 Renewal premiums except items 4 and 6 less interest included in deferred premiums 117 92264 and 2943576 for re newal reinsurance 16748404 94 3 Single premiums except items 4 5 6 7 without deductions for commissions or other ex penses 30832 98 4 Dividends applied by policy holders to pay running premi ums first year premiums renewals 812471 see item 9 disbursements 8124 71 5 Dividends applied by policy holders to purchase paidup additions and annuities see item 10 disbursements 9823 21 6 Surrender values applied to pay running premiums first year premiums 106221 renewals 69380 see item 12 disburse ments 1756 01 7 Surrender values applied to pur chase paidup insurance and annuities see item 13 dis bursements 409042 32330 COMPTROLLERGENERALS REPORT Consideration for annuities other than matured instalment poli cies 128975 83 9 Total premium income 22559353 66 10 Rents from companys property including 6158917 for com panys use of own buildings 310174 47 11 Interest on loans on mortgages of real estate 572899 71 12 Interest on collateral loans in cluding premium notes loans or liens 40476 41 13 Interest on bonds and dividends on stocks 019270 16 14 Interest on other debts due the company and on deposits in banks 11579 81 15 Interest on deferred premiums 188472 05 16 Total rents and interest1742872 61 17 Profit on sales of real estate 292978 on sale or maturity of securities 1226 50 4156 28 19 From other sources viz conscience fund 11 00 Total income during the year 24306393 55 Sum of both amounts 56773658 70 IIIDISBURSEMENTS DURING YEAR Ai Shown by the Books at Home Office at Close of Business December list 1 For death claims 1612786430 additions 78953416206817 71 2 Matured endowments 11892500 additions 8300 19008 00 3 Installment death claims 600 00 Total6226425 71 5 Total net amount actually paid for losses and matured endowments6226425 71 6 Paid to annuitants 17 705 10 7 Premium notes voided by lapse less 522628 restored by revival 366 42 8 Dividends paid policyholders less re ceived for dividends on reinsurances 466331 59 9 Dividends applied by policyholders to pay running premiums see item 4 income 8124 71 10 Dividends applied by policyholders to pur chase paidup additions and annuities see i tern 5 income 9 iS13 11 Surrender values paid less received on surrendered reinsurances 57 358 37 12 Surrender values applied to pay running pre miums see item 6 income 1 756 01COMPTROLLERGENERALS REPORT 331 L3 Surrender values applied to purchase paidup insurance and annuities see item 7 income 409012 32 Total paid policyholders720045344 14 Paid stockholders for interest or dividends amount declared during the year 200 00000 20000000 15 Commissions and bonuses to agents less com missions received on reinsurances new policies 1291544315 renewal policies 2208546 73 single premium policies 1 48592 on annuities 6454175131 929 97 17 Salaries and allowances for agencies includ ing managers agents and clerks2638514 86 18 Salaries and all other compensation includ ing fees to directors and committees and expenses eighteen officers 530300000 home office employees 61709294 920692 94 19 Medical examinersfees 44731332 inspec tion of risks 1204740 459390 72 20 Taxes on premiums 22870265 on surplus 5569852 municipal licenses 3603258 320433 75 21 Taxes on real estate 8343209 United States internal revenue tax 10429396 187726 05 22 Insurance department fees and agents li eenses 21427 65 23 Repairs and expenses other than taxes on real estate 146090 93 2t Rent including 6158917 for companys use of own buildings 253873 67 25 Advertising 29561061 printing and sta tionery 12456445 postage 7751301 497694 07 26 Legal expenses 2522130 for furniture etc 5673016 8I951 46 27 Losses on sales of real estate 188644 on sale or maturity of securities 4195360 43840 04 28 All other items viz Law library 64225 appraising fees 17560 sundry general expenses 5970429 sundry district ex penses 1301326 73535 40 Total miscellaneous expenses 1097710151 Total disbursements 18177554 95 Balance 38596103 75 Invested in the following IVLEDGER ASSETS As per Ledger Accounts Shown by he Books at Home Office at Close of Business December Slst 1 Book value real estate unincumbered 6735 26410 incumbered 510074517245338 61 2 Mortgage loans on real estate first liens11377631 07332 COMPTROLLERGENERALS REPORT 3 Loans secured by pledge of bonds stocks or other collateral 807900 00 4 Loans made to policyholders on this com panys policies assigned as collateral 399455 02 5 Premium notes on policies in force 72436 61 6 Book value bonds excluding interest 15 53423210 stocks 6250000016159232 10 7 Cash in companys office 34966411 depos ited in banks 2184440232534110 34 Total38596103 75 Total net ledger assets as per balance above NONLEDGER ASSETS Interest due 3758139 and accrued 155 42262 on mortgages 193004 01 Interest accrued on bonds and stocks 109038 67 9454 37 38596103 75 10 11 12 13 15 17 Interest accrued on collateral loans Interest accrued on premium notes loans or liens Rents due 1092434 and accrued965S88on companys property or lease Market value not including interest in item 11 of bonds and stocks over book value 926 94 20583 22 333007 21 6ii5576 75 Industrial Department Ordinary Department Re newals 19 20 21 New Re New Business newals Business Gross premiums not more than three months due after period of grace unreported on poli ciesoutstanding December 31 2918 8290126 292483 91 161493 62 Gross deferred premiums on pol icies outstanding December 31 4337114 04 785165 80 82901 26 TilioL 98 946661 42 Totals 2918 93 Deduct cost of collection 1 Ind Dept 100 per cent on new 0 per cent on re f newals 2918 93 24870 88 43575178 70999 84 Ord Dept 60 per cent on I new x2 per cent on renewals j 28 Net amount of uncollected and deferred premiums 58030 8S 29050121 87566158 1224196 60 Other itemsConsideration for annuities and single pre mium policies due and unpaid 14071139 less 5 for collection 703557 furniture fixtures and safes 5800685 stationery and printed matter 2350400 law library 667445 7 Gross assets Deduct Amts nut Admitted Supplies printed matter stationery furni ture fixtures safes law library 88185 30 Depreciation in ledger assets to bring same to market value Real estate 35256826 Total 221861 12 41040745 49 440753 56 Total admitted assets 40 599 991 93COMPTROLLERGENERALS REPORT 333 VKONLEDQBE LIABILITIES As Shown by the Books at Rome Office at Close of Business December 31st 1 Net present value of all the outstanding pol icies in force on the 31st day of December 1900 as computed by the company accord ing to the actuaries table of mortality with four percent interest30672298 00 Same for reversionary additions 33143 00 Same for annuities including those in reduction of premiums 305596 00 Special reserve2791656 00 Total33802998 00 Deduct net value of risks of this company re insured in other solvent companies 78600 00 Net reserve 33724393 00 2 Present value of amounts not yet due on matured instal ment policies face 1220000 10107 90 5 Death losses in process of adjustment or ad justed and not due 131469 28 6 Death losses which have been reported and no proofs received 79682 00 7 Death losses and other policy claims resisted by the company not yet outlawed 21693 25 8 Due and unpaid on annuity claims 244 72 Gross policy claims 233089 25 Net policy claims 23 089 25 9 Unpaid dividends or other profits due policyholders in cluding those contingent on payment of outstanding and deferred premiums OS 770 42 11 Salaries rents expenses taxes bills accounts bonuses commissions medical and legal fees etc due or accrued 36383 61 12 Premiums paid in advance 77 870 32 14 Any other liability viz unearned interest on policy loans 9245 51 Liabilities on policyholders account 34189860 01 Gross divisible surplus4410131 92 Capital stock paid up2000000 00 6410131 92 Total 40599991 93 Haziness in State of Georgia During the Said YearOrdinary No Amount IS umber and amount of policies on the lives of citi zens of said State in force December 31st of pre vious year 886 2012725 00 Number and amount of policies on the lives of citi izens of said State issued during the year 743 1430765 00 Total 1029 3449490 00 Deduct number and amount which have ceased to be in force during the year 200 528856 00 Total number and amount of policies in force in said State December 31 last 1429 2920634 00331 COMPTROLLERGENERALS REPORT Amount of losses and claims on policies in said State incurred during the year 6 10822 60 Cotal 6 10822 60 Amount of losses and claims on policies in said State settled during the year in cash 557260 by compromise 125000 5 6 822 60 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 9106753 notes or credits 28205 total 9134958 BUSINESS IX GEORGIA FOR YEAR ENDING APRIL 30 1901 Insurance in force 3434108 00 Premiums 109 740 22 Losses LI 598 06 Tax 1097 40 ROYAL UNION MUTUAL LIFE INSURANCE COMPANY Frank D Jackson President Sidney A Foster Secretary Principal office 6th and Locust streets Des Moines Iowa James G West Atlanta Attorney for Service in Georgia ICAPITAL STOCK Amount of net or ledger assets December 31 of previous year359234 53 Extended at g 359234 53 IIINCOME DURING YEAR 1900 1 Cash received for premiums on new policies without deductions for com missions or other expenses 125843 33 1 Cash received for renewal premiums without deductions for commissions or other expenses 145399 48 2 Premium notes loans or liens taken in part payment for premiums on new policies 23777 35 24 Premium notes loans or liens taken in part payment for renewal pre miums 27616 82 3 From dividends applied to pay running premiums see item 11disbursements 2541 62 31 From dividends applied to purchase paidup additions and annuities see item 12 disbursements 50 06 4 From surrender values applied to pur chase paidup insurance and annuities see item 15 disbursements 360 87 Total 325589 53COMPTROLLERGENERALS REPORT 335 Deduct amount of premiums paid to other companies for reinsurance on policies in this company new busi ness 117622 renewals 350472 4680 94 7 8 Total premium income 320 108 59 15321 Id Cash received for interest on mortgage loans 9 Cash received for interest on bonds owned and dividends on stock 10 Cash rec ived lor interest on premium notes loans or liens 12 Cash received as interest on deferred premiums 15 Ledger assets other than premiums received from other companies for assuming or reinsuring their risks 19 From all other sources viz Guarantee fund 50 000OJ refunled cjmtd cams 349 29 17 50 7373 04 1588 08 66598 24 50349 29 Total income 46215g 90 Total 821390 43 3555 46 IIIDISBURSEMENTS DURING YEAR 1900 1 Cash paid for death claims including revisionary additions 87455 46 5 Cash piid for sums falling due during the year on installment policies 1100 00 Total 88555 46 7 Total net amount actually paid for losses and matured endowments 9 Premium notes loans or liens used in purchase of surrendered policies voided by lapse 14861 77 10 Cash dividends paid policyholders 95 09 11 Cash dividend applied to pay running premiums see item 3 income 2541 62 12 Cash dividends applied to purchase paidup addi tions and annuities see item 3 income 13 Surrender values paid in cash 15 Surreader values applied to purchase paidup in insurance and annuities see item 44 income 16 Cash paid guarantee fundholders for interest or dividends 3500 00 17 Cash paid for commissions and bonuses t agents less commission on reinsurance new policies 10835329 renewals 1218340 120536 69 IS Cash paid for salaries and allowances to managers and agents 4368 8 19 Cash paid for medical examiners fees 383459 inspection of risks 95693 4791 52 20 Cash paid for salaries and all other compensation of officers and other home office employees 27388 99 21 Cash paid for taxes on new premiums 246097 on renewals 143394 3 900 91 50 06 5106 64 360 87336 COMPTROLLERGENERALS REPORT 23 Cash paid for insurance department fees and agents licenses 969 19 24 Cash paid for rent 2664 15 26 Cash paid for furniture fixtures and safes for home and agency offices 456 93 27 Cash paid for advertising 144424 printing 2 81665 4260 89 28 Cash paid for legal expenses 1642 47 29 Cash paid for the following items viz Postage 107170 med dir fees 2073 attorney service 160 agency expenses 143812 loan expenses 121183 office expenses 86845 collection ex penses 45868 managerial expenses 206916 telegraphing 11766 revenue tax 26682 ex press 23853 sub to insurance papers 5125 10224 95 30 31 telephone 19975 Total disbursements 298117 00 3 4 5 7 8 9 10 11 13 14 15 16 17 IS Balance 523273 43 Invested in the following IVASSETS AS PEE LEDGER ACCOUNTS Loans on mortgage on real estatefirst liens 343 942 other than first 1868 345810 00 Loans secured by pledge of bonds stocks or other marketable collaterals 437 70 Loans made in cash to policyholders on this com panys policies assigned as collateral 103182 19 Premium notes loans or liens on policies in force of which 5172620 was received during the year 53328 07 Cash in companys office 3007 55 Cash deposited in banks 1193 57 Bills receivable 1730 52 Agentsledger balances 10695 38 Loan tax liens secured by mortgage 655 50 building liens secured by mortgage 3232 95 Total net or ledger assets as per balance above 523273 43 Total net or ledger assets less depreciation 523273 43 Other Asset Interest due 115070 and accrued 613148 on mortgages 72so 18 Interest accrued on bonds and stocks 17 00 Interest accrued on collateral loans 7 66 Interest accrued on premium notes loans or liens 3246 99 Interest due 82469 and accrued 294648 on policy loans 3771 17 Total carried out 14 325 00 Due from other companies for losses or claims on policies of this company reinsured see liabilitiesCOMPTROLLERGENERALS REPORT New Business Renewals 23 Gross premiums due and unreported on policies in force December 311900 16017 55 12581 46 24 Gross deferred premiums on policies in force December 31 1900 1815 65 14969 13 27550 59 1102 02 337 Totals 18433 20 25 Deducting loading 60 per cent on new and 4 per cent on renewals 11059 92 26 Net amount of uncollected and deferred 27 28 premiums 7373 28 26448 57 Extended Furniture fixtures and safes 347038 commuted commis sions 562155 Advances to agents secured by bonds Total assets as per the books of the company 33821 85 9091 93 2682 61 583194 82 15683 75 567511 07 460911 00 Items Not Admitted 2 Furniture fixtures and safes 3470 3S 3 Commuted commissions 5 621 55 5 Agentsbalances not secured by bonds 4 861 30 7 Bills receivable 1730 52 Total 9 Total assets less items not admitted VIIABIMTIES 1 Net present value of all the outstanding policies in force on the 31st day of December 1900 com puted according to the actuaries table of mor tality with 4 per cent interest 463173 00 Deduct net vaue of risks of this company reinsured in other solvent companies 2262 00 Net reinsurance reserve 2 Premium notes or loans on policies and other obligations in excess of the net value of their polities 21720 58 5 Claims for death losses and matured endowments in process of adjustment or adjusted and not due 7500 00 0 Claims for death losses and other policy claims re sisted by the company 8000 00 8 Present value of unpaid amounts on matured in stallment policies face 22000 12577 00 9 Total policy claims 49 797 58 Deduct reinsurance due from other companies 2000 00 47797 58 10 Amountof all unpaid dividends of surplus or other description of profits due policyholders 1272 66 13 Amount due on accountof salaries rents and office expenses 1900 44 16 Amount of any other liability of the company viz Pre miums paid in advance 5Q5 30 22 og338 COMPTROLLERGENERALS REPORT Commissions due agents on premium notes when paid 383 39 17 18 19 Liabilities on policyholdersaccount 512830 37 Gross surplus on policyholdersaccount 54680 70 Total liabilities 567511 07 VIPREMIUM NOTE ACCOUNT 1 Premium notes loans or liens in hand December 31 ot previous year 2 Premium notes loans or liens received during the year on new policies 2377735 on old policies 2794885 21705 21 51726 20 Total 73521 41 263 50 10361 53 9568 31 20193 34 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 redeemed by ma ker in cash Balance note assets at end of the year Business in Georgia during 1900 Number and amount of policies on the lives of citizens of Georgia in force December 31 of previous year 268 Number and amount of policies on the lives of citizens of Georgia issued during the year 244 53328 07 Amount 486300 320500 812800 244800 568000 3000 11000 Total 512 Deduct number and amount which have ceased to be in force during the year 134 Total number and amount of policies in force in Geor gia December 311900 378 Amount of losses and claims on policies in Georgia unpaid December 31 of previous year I Amount of losses and claims on policies in Georgia incurred during the year 4 Total 5 14000 Amount of losses and claims on policies in Georgia paid during theyear 3 6000 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 AnswerCash 1841712 notes or credits 201698 totals 2043410 BUSINESS IN iEORGIA FOR YEAR ENDING APRIL 30 1901 Insurance in force 458500 00 Premiums 18894 68 Losses 7250 00 Tax 18S I4COMPTROLLERGENERALS REPORT 335 SECURITY MUTUAL LIFE INSURANCE COMPANY OF NEW YORK W G Phelps President Charles M Turner Secretary Pricipal Office Phelps Building Binghamton N Y Craig Cofield Atlanta Ga Attorney for Service in Georgia ICAPITAL STOCK Amount of net or ledger assets December 31 of previous year 790al6 52 Extended at 790116 52 IIINCOME DURING YEAR 1900 1 Cash received for premiums on new policies without deductions for commissions or other expenses 201895 96 li Cash received for renewal premi ums without deductions for com missions or other expenses 571612 85 3 From dividends applied to pay run ning premiums see item 11 dis bursements 4040 56 Total 777579 37 7 Total premium income 777579 37 8 Cash received for interest on mortgage loans 16090 32 9 Cash received for interest on bonds owned and dividends on stock 9 3gg jo 10 Cash received for interest on premium notes loansor liens g04 53 11 Cash received for interest on other debts due the company 2365 29 13 Cash received for rents for use of companys PrPerty 608 00 14 Cash received for profits on sales of bonds or stocks 1100 00 19 From all other sources viz Registration 1 653 internal revenue 20552 exchange 19461 premium notes 21232 P L act premium on bonds 10582 9747 45 Total income 82078109 TCal 1610897 61 in DISBURSEMENTS DURING YEAR 1900 1 Cash paid for death claims includ ing revisionary additions 315662 77 5 Cash paid for sums falling duedur ing the year on installment pol icies 17887 99 Total 333530 76340 COMPTROLLERGENERALS REPORT 8 11 13 17 18 19 20 21 22 23 24 26 27 28 30 31 1 3 1 Total net amount actually paid for losses and matured endowments 333530 76 Returned premiums S28 42 Cash dividends applied to pay running premi ums see item 3 income 4040 56 Surrender values paid in cash 1387 03 Total paid policyholders 33928677 Cash paid for commissions and bonuses to agents less commission on reinsurance new policies 9178550 renewals 4881858 140604 08 Cash paid for salaries and allowances to man agers and agents 20119 26 Cash paid for medical examiners fees 11 86380 inspection of risks 484689 16710 69 Cash paid for salaries and all other compensa tion of officers and other home office em ployees 31351 04 Cash paid for taxes on renewals 4374 36 Cash paid for taxes on investments 19461 internal revenue 469990 4894 51 Cash paid for insurance department fees and agents licenses 354366 municipal and State licenses 151051 5054 17 Cash paid for rent 14448 42 Cash paid for furniture fixtures and safes for home and agency offices 1474 08 Cash paid for advertising 5873 78 printing 439675 postage 318220 13452 73 Cash paid for real estate expenses other than taxes 35447 for legal expenses 110405 1458 52 Cash paid for the following itemsviz Trav eling 1319036 office expenses 877536 exchange 4977 collection 1746024 ac crued interest paid 63465 40110 38 Total miscellaneous expenses 29405224 Total disbursements 633339 01 Balance 977558 60 Invested in the following IVASSETS AS PER LEDtiER ACCOUNTS Cost value of real estate exclusive of all in cumbrances 9966 45 Loans on mortgage first liens on real estate 292975 00 Loans secured by pledge of bonds stocks or other marketable collaterals 19858 72 Loans made in cash to policyholders on this companys policies assigned as collateral 74220 03 Cost value of bonds and stocks owned ex cluding accrued interest at time of purchase 322050 25 Cash in companys office 4460 79COMPTROLLERGENERALS REPORT 341 S 9 10 11 13 J4 15 16 17 20 23 21 25 26 28 Cash deposited in banks 153017 54 Bills receivable 140 35 Agents ledger balances 99597 40 Suspense 1271 97 Total net or ledger assets as per balance above 977558 60 Total net or ledger assets less depreciation 977558 60 Other Assets Interest due 53600 and accrued 447581 on mortgages 5011 81 Interest accrued on bonds and stocks 2742 50 Interest accrued on collateral loans 208 74 Interest accrued on premium notes loans or liens 2071 20 Total carried out Market value of real estate over cost Xew Business Renewals Gross premiums due and unre ported on policies in force De cember 31 1900 39691 90 85002 48 Gross deferred premiums on poli cies in force December 31 1900 24897 77 Totals 39691 90 Deducting loading 70 per cent on new and 5 per cent on renewals 27784 3C 109900 25 5495 01 11907 60 104405 24 Net amount of uncollected and deferred premiums Extended Total assets as per the books of the company Items not admitted Suspense 1271 97 Agents balances 99597 40 Bills receivable 140 35 10034 25 2490 25 116312 84 1106395 04 Total Total assets less items not admitted 101009 72 1005386 22 VLIABILITIES Net present value of all the outstanding poli cies in force on the 31st day of December 1900 computed according to the actuaries table of mortality with four per cent in terest 187053 00 Net reinsurance reserve Premium notes or loans on policies and other obligations in excess of the net value of their policies 43261 00 187053 00342 COMPTROLLERGENERALS REPORT 5 Claims for death losses in process of adjust ment 36500 00 6 Claims for deatli losses and other policy claims resisted by the company 23000 00 7 Death loss reported no proof received 3000 00 8 Present value of unpaid amounts on matured installment policies face 5381544 47193 34 Total policy claims 152954 34 13 Amount due on account of salaries rents and office ex penses 19712 4 2 17 Liabilities on policyholdersaccount 18 Gross surplus on policyholders account 359719 7G 645666 46 19 Total liabilities 1005386 22 Business in Georgia During 1900 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 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 1900 Amount of losses and claims on policies in Georgia incurred during the year Total Amount of losses and claims on policies in Georgia paid during the year What amount of premiums was collected or secured in Geor gia during the year in cash and notes or credits with out any deduction for losses dividends commissions or other expenses Answer Cash 5289959 total No Amount 148S 2968000 00 285 493783 00 1773 3461783 00 365 735124 00 1408 2726659 00 13 33124 00 13 33 L24 00 12 27124 00 52899 59 BUSINESS IX GEORGIA FOR YEAR ENDING APRIL 30 1901 Insurance in force2623686 00 Premiums 52999 69 Losses 29077 50 Tax 529 99 COMPTROLLERGENERALS REPORT 343 SECURITY TRUST AND LIFE INSURANCE CO OF PENNSYLVANIA Robert E Pattison President Edwin S Baktlett Secretary Principal office St James Building Broadway and 26th St New York Wm A Wright Atlanta Attorney for S rvice in Georgia ICAIITAL STOCK 1 Amount of capital stock paid up in cash 500000 00 Amount of net or ledger assets December 31 of previous year 1177169 78 Increase of capital during 1900 150000 00 Extended at 327169 78 IIINCOME DURING YEAR 1900 I Cash received for premiums on new policies without deduc tions for commissions or other expenses 208272 38 1 Cash received for renewal pre miums without deductions for commissions or other ex penses 464342 47 2 Premium notes loans or liens taken in part payment for premiums on new policies 8354 72 Total 680969 57 7 Total premium income 680969 57 8 Cash received for interest on mortgage loans 5456 68 9 Cash received for interest on bonds owned and dividends on stock 3287 25 10 Cash received for interest on premium 1 notes loans or liens c 11 Cash received for interest on other debts due the company J 13 Cash received for rents for use of companys property including 16200 for companys own occupancy 134772 39 16 Various profit and loss items 25 16 17 Premium notes loans or liens restored by revival of policies 153 20 18 Money borrowed 36000 00 19 From all other sources viz Health insur ance premiums 29964 50 Accounts payable 1341 73 Total income 898205 83 Total 2225375 01344 COMPTROLLERGENERALS REPORT IIIDISBURSEMENTS DURING YEAR 1900 1 Cash paid for death claims in cluding revisionary additions 2 Premium notes loans or liens used in payment of the same 273577 44 460 20 10 13 17 18 19 20 21 22 23 24 25 20 27 28 29 Total 274037 64 Total net amount actually paid for losses and matured endowments Cash paid health claims Premium notes loans or liens used in pur chase of surrendered policies voided by lapse 621545 Premiums returned Surrender values paid in cash Cash paid for commissions and bonuses to agents less commission on reinsurance new policies 14280277 renewals 29 56917 Cash paid for salaries and allowances to man agers and agents Cash paid for mecical examiners fees 10 84901 inspection of risks 503045 Cash paid for salaries and all other compen sation of officers and other home office em ployes Cash paid for taxes on new premiums and on renewals 868335 municipal licenses 67038 Cash paid for taxes on capital 1750 Cash paid for insurance department fees and agents licenses 419038 internal revenue 300921 Cash paid for rent including 1620000 com panys occupancy less received under sublease Cash paid for commuting commissions real estate taxes Cash paid for furniture fixtures and safes for home and agency offices Cash paid for advertising 492819 print ing 628511 postage 116476 Cash paid for real estate expenses other than taxes 4102215 for legal expenses 5 01618 Cash paid for the following items viz Ex pressage 15261 profit and loss 6167 Loss sale of securities 20000 expenses 829145 traveling expenses 173025 274037 64 10911 06 6215 45 406 17 3618 65 172371 94 4023 SO 15879 46 34524 43 9359 73 1750 00 71 19 59 21022 79 35755 45 3286 45 12373 00 46638 33 214 28 10227 70COMPTROLLERGENERALS REPORT 345 Interest 9935089 health insurance ex penses 134325 health insurance com missions 1498225 Total disbursements 115676 39 17127 55 44445 01 90025 84 176149 26 34950 59 23869 99 30 Total disbursements 785507 37 31 Balance 1439868 24 Invested in the following IVASSETS AS PER LEDGER ACCOUNTS 1 Cost value of real estate exclusive of all in cumbrances 952500 00 2 Loans on mortgage first liens on real estate 100800 00 4 Loans made in cash to policyholders on this and other companys policies assigned as collateral 5 Premium notes loans or liens on policies in force of which was received during the year 6 Cost value of bonds and stocks owned ex cluding accrued interest at time of purchase 7 Cash in companys office S Cash deposited in banks 9 Bills receivable 195396 companys stock owned 18500 sundry accounts 549663 10 Agents ledger balances of which was advanced during the year 11 Total net or ledger assets as per balance above 1439868 24 12 Deduct depreciation from cost of assets to bring same to market value 1495 84 13 Total net or ledger assets less depreciation 1438372 40 OTHER ASSETS 14 Interest due 209 and accrued 140292 on mortgages 1611 92 15 Interest due and accrued 178525on bonds and stocks 1785 25 16 Interest due and accrued 12419 on collateral loans 124 19 19 Rents due and accrued 476708 on companys property or lease 4707 08 Total carried out 8288 44 New Business Renewals 23 Gross premiums due and unre ported on policies in force De cember 31 1900 38379 65 10214 25 24 Gross deferred premiums on pol icies in force December311900 20434 86 63394 44 Totals 58814 51 73608 69 346 COMPTROLLERGENERALS REPORT 25 26 28 1 7 8 12 13 14 16 17 18 19 Deducting loading 60 per cent on new and 6 per cent on renewals 35288 71 4410 52 Net amount of uncollected and deferred premiums 23525 80 69192 Vt Extended Total assets as per the books of the company ITEMS NOT ADMITTED Companys stock owned if 18500 18500 00 Bills receivable 2780 00 Sundry accounts 2623 57 Total Total assets less items not admitted 92717 97 153937s 81 23903 57 1515475 24 V IIAHILITIKS Net present value of all the outstanding poli cies in force on the 31st day of December 1900 computed according to the actuaries table of mortality with 3 percent interest 748926 00 7491 00 Net reinsurance reserve Claims for death losses and matured endow ments in process of adjustment or adjusted and not due 64980 00 Claims for death losses and other policy claims resisted by the company 31600 00 Total policy claims Amount of national State or other taxes due Amount due on account of salaries rents and office ex penses Amount due by the company for borrowed money includ ing interest due or accrued Amount of any other liability of the company viz Pre miums paid in advance 12690 health claims 131926 accounts payable 134173 accrued interest 3508889 Liabilities on policyholders account Gross surplus on policyholders account Total liabilities VI PREMIUM NOTE ACCOUNT Premium notes loans or liens on hand De cember 31 of previous year 36467 43 Premium notes loans or liens received dur ing the year on new policies on old policies 5ij158 02 Total 756417 00 96580 00 810 84 3672 77 36000 00 39 010 78 932491 39 582983 85 151547515 87625 45COMPTROLLERGENERALS REPORT 347 Deductions during the year as follows Amount of notes loans or liens used in payment of losses and claims 400 20 Amount of notes loans or liens voided by lapse 6215 45 Amount of notes loans or liens redeemed by maker in cash 30504 79 Total reduction of premium note account 43180 44 Balance note assets at the end of the year 44445 01 Business in the State of Georgia During the Year 1900 No Amount Number and amount of policies on the lives cf citizens of Georgia in force December 31 of previous year 112 226348 Number and amount of policies on the lives of citizens of Georgia issued during the year 150 277204 Total 262 503552 Deduct number and amount which have ceased to be in force during the year 77 155102 Total number and amount of policies in force in Georgia De cember 31 J900 185 348450 Amount of losses and claims on policies in Georgia unpaid December 31 of previous year 2 5000 Total I 5000 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 Cagh 1528225 notes or credits 2775 total 15310 BUSINESS IN GEORGIA FOR YEAR ENDING APRII 30 1901 Insurance in force 360232 00 Premiums 16326 45 Losses 10000 00 Tax 163 26 SUN LIFE ASSURANCE COMPANY OF CANADA Lobertson Macaulay President T B Macaulay Secretary Principal office 1766 Notre Dame street Montreal Can John S Cameron Atlanta Attorney for Service in Georgia icapital stock 1 Amount of capital stock paid up in cash 105000 00 2 Amount of capital subscribed but unpaid 595000 00 Amount of net or ledger assets December 31 of previous year8643880 55 Extended at 8643886 55348 COMPTROLLERGENERALS REPORT IIINCOME DURINO YEAR 1 Cash received for premiums on new policies without deduc tions for commissions or other expenses 420503 54 1 Cash received for renewal pre miums without deductions for commissions or other ex penses 1734706 40 2J Premium notes loans or liens taken in part payment for re newal premiums 33 50 3 Prom dividends applied to pay running premiums see item 11 disbursements 13136 08 3J From dividends applied to pur chase paidup additions and annuities see item 12 dis bursements 30023 41 4 From surrender values applied to pay running premiums see item 14 disbursements 1131 84 Premium income thrift de partment 84045 32 5 Consideration for annuities other than matured install ment policies 65372 04 Total 2348952 13 Deduct amount of premiums paid to other companies for reinsurance on policies in this company new business renewals 137311 1373 11 7 Total premium income 2347579 02 8 Cash received for interest on mortgage 1 loans i Cash received for interest on bonds owned and dividends on stock i 10 Cash received for interest on premium i 416177 04 notes loans or liens f 11 Cash received for interest on other debts due the company 12 Cash received as discount on claims paid in advance J 13 Cash received for rents for use of companys property including for companys own occupancy 24233 85 14 Cash received for profits on sales of bonds or stocks 1072 5aCOMPTROLLERGENERALS REPORT 349 id From all other sources viz Premiums from combined accident policies 164 11 Total income 2789226 52 Total 11433113 07 HIDISBURSEMENTS DURING YEAR 1 Cash paid for death claims in cluding revisionary additions 3 Cash paid for matured endow ments and additions thereto 5 Cash paid for sums falling due during the year on install ment policies 489739 22 94 241 04 250 00 8 10 11 12 13 14 16 17 IS 19 20 21 23 24 Total 584230 86 Total net amount actually paid for losses and matured endowments Cash paid to annuitants Cash dividends paid policyholders 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 pay running premiums see item 4 income Total paid policyholders 84374615 Cash paid stockholders for interest or divi dends Cash paid for commissions and bonuses to agents less commission on reinsurance new policies 24734153 renewals 87 79650 Cash paid for salaries and allowances to managers and agents Cash paid for medical examiners fees 29 5S3 11 inspection of risks 200000 Cash paid for salaries and all other com pensation of officers and other home office employees Cash paid for internal revenue Cash paid for insurance department fees agents licenses and insurance taxes 14 74551municipal licenses 451021 Cash paid for rent including 10000 00 com panys occupancy less received under sublease Directors and auditors fees 584230 86 38076 78 16684 47 13136 08 30023 41 160462 71 1131 84 15750 00 335138 03 96407 29 31583 11 64761 67 3273 41 19255 72 20162 03 14C04 57350 COMPTROLLERGENERALS REPORT 26 Cash paid for furniture fixtures and safes for home and agency offices 2 867 38 27 Cash paid for advertising 815302 printing and stationery 2312693 postage and sundries 172388 33 008 S3 28 Cash paid for real estate expenses other than taxes deducted from rents for legal expenses 52010 509 jq 29 Cash paid for the following items viz Sub scriptions caretakers and light water and heat 524145 traveling 302591 8267 36 Thrift department expenses 45 674 92 Accident department Claims 2571 ex penses 8205 107 7 Profit and loss 1635 34 Total miscellaneous expenses 692426 52 30 Total disbursements 1536172 67 81 Balance 8994r740 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 3 Loans secured by pledge of bonds stocks or other marketable collaterals Policy loans under nonforfeiture agree ments 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 during the year 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 Bank of Montreal Montreal 11885544 Bank of Montreal New York 250497 Molsons Bank Mon treal 459922 Bank of Scotland London 3834480 Banco Intermcional Chile 1347134 Banco de Chile Chile 254147 Banco Aleman Transatlantico Chile 6 87052 Credit Lyonnais Paris 1454068 National Bank of India Bombay 30 25511 total 9 Ground rents 1072072 66 3627855 72 131190 00 192505 04 648073 58 1092 35 3984462 26 22531 55 231933 55 38640 00COMPTROLLERGENERALS REPORT 351 10 Agents ledger balances 2972 91 Total ledger assets 9903379 62 Deduct ledger liabilities 6439 22 11 13 Total net or ledger assets as per balance above 9896940 40 Total net or ledger assets less depreciation 9898940 40 OTHER ASSETS 32250 50 657 52 14 Interest due 4857419 and accrued 83 83518 on mortgages 132409 3 15 Interestdue 585648 andaccrued 2639402 on bonds and stocks 16 Interest accrued 65752 on collateral loans 17 Interest accrued S6224 on premium notes loans or liens 18 Interest due 26354 and accrued 265884 on policy loans 19 Rents due 357908 and accrued 476523 on companys property or lease 62 24 2927 33 8344 31 Total carried out 176 651 32 21 Market value of bonds and stocks over cost 52 150 82 New Business Renewals 23 Gross premiums due and unre ported on policies in force December 31 1900 83275 63 172967 83 24 Gross deferred premiums on policies in force December 311900 2723136 116029 54 Totals 110506 96 288997 37 25 Deducting loading per cent on new and percent on renewals 33152 09 8669 92 26 Net amount of uncollected and deferred premiums 77354 87 280327 45 Extended 357682 32 28 Total assets a per the books of the company 10483424 86 ITEMS NOT ADMITTED 5 Agentsbalances 2972 91 2972 1 Total Total assets less items not admitted 10480451 95352 COMPTROLLERGENERALS REPORT VLIABILITIES 1 Net present value of all the outstanding policies in force on the 31st day of Decem ber 1900 computed according to the H M table of mortality with 34 and 4 per cent interest 9814334 02 Deduct net value of risks of this company reinsured in other solvent companies 5790 91 Net reinsurance reserve 4 Claims for matured endowments due and unpaid 5 Claims for death losses in process of adjust ment or adjusted and not due Claims for death losses reported and no proofs received 7 Amounts due and unpaid on annuity claims 8 Present value of unpaid amounts on matured installment policies 2610 27 32943 87 59416 65 1460 00 8489 02 Total policy claims 10 Amount of all unpaid dividends of surplus or other description of profits due policyholders 11 Amount of unpaid dividends to stockholders 16 Amount of any other liability of the company viz Pre miums paid in advance Accident department 17 Liabilities on policyholders account 18 Gross surplus on policyholders account 9808543 11 104919 81 20659 45 7875 00 9066 90 98 46 9951162 73 529289 22 19 Total liabilities 10 480 451 95 BUSINESS IN GEORGIA DURING 1900 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 350 679170 00 Deduct number and amount which have ceased to be in foroe during the year 54 149710 00 No Amount 60 143320 00 292 535850 00 Total number and amount of policies in force in Georgia December 31 1900 298 529460 00 BUSINESS IN GEORGIA FOR YEAR ENDING APRIL 30 1901 Insurance in force Premiums Tax 605000 00 18981 80 189 82COMPTROLLERGENERALS REPORT 353 STATE LIFE INSURANCE COMPANY OF INDIANA Andrew M Sweeney President Wilbub S Wynn Secretary Principal Office N E Cor Penn and Market streets Indianapolis Ind ICAPITAL STOCK Amount of net ledger assets December 31 of pre vious year 330628 13 Extended at 336628 13 IIINCOME DURING YEAR 1900 1 Cash received for premiums on new policies without deduc tion for commissions or other expenses 228811 33 1J Cash received for renewal pre miums without deductions for commissions or other ex penses 388722 24 3 From dividends applied tp pay running premiums see item 11 disbursements 22267 52 4 From surrender values applied to pay running premiums see item 14 disbursements 336 32 4 From surrender values applied to purchase paidup insurance and annuities see item 15 disbursements 830 68 Total 640968 09 7 Total premium income 6409 i8 09 8 Cash received for interest on mortgage loans 18184 19 10 Cash received for interest on premium notes loans or liens 793 95 11 Cash received for interest on other debts due the company 947 4g 12 Cash received for interest on deferred pre miums 1428 63 19 From all other sources viz Agents unap plied cash 201664 2016 64 Total income77777777 664338 99 Total 7 1000967 12 III DISBURSEMENTS DURING YEAR 1900 1 Cash paid for death claims in cluding revisionary additions 92600 00 Total 92600 00 7 Total net amount actually paid for lossqs and matured endowments 92 600 00 10 Cash dividends paid policyholders 14 37 83 cg354 COMPTROLLERGENERALS REPORT 11 Cash dividends applied to pay running pre miums see item 3 income 22267 52 13 Surrender values paid in cash 572 25 14 Surrender values applied to pay running pre miums see item 4 income 336 32 15 Surrender values applied to purchase paidup insurance and annuities see item in come 830 68 Total paid policyholders 11662114 17 Cash paid for commissions and bonuses to agents less commission on reinsurance new policies 14196040 renewals 46 28879 188249 19 18 Cash paid for salaries and allowances to man agers and agents 14939 06 19 Cash paid for medical examiners fees 12729 00 20 Cash paid for salaries and all other compen sation of officers and other home office em ployees 45235 38 21 Cash paid for taxes on new premiums f3186 68 on renewals 230969 5496 37 22 Cash paid on investments 159363 internal revenue 85360 2447 23 23 Cash paid for insurance department fees and agents licenses 413698 municipal li censes 51997 4656 95 24 Cash paid for rent including companys oc cupancy 3855 50 26 Cash paid for furniture fixtures and safes for home and agency offices 145187 legal expenses 526902 6720 89 27 Cash paid for advertising 358274 printing 561457 postage 185547 11052 78 2 Cash paid for the following items viz Trav eling expenses 1560197 miscellaneous expenses 133847 discount on premiums paid in advance 836 16948 80 Total miscellaneous expenses 31233115 30 Total disbursements 428952 23 31 Balance 572014 89 Invested in the following IVASSETS AS PER LEDGER ACCOUNTS 2 Loans on mortgage first liens on real estate 500072 50 3 Loans secured by pledge of bonds stocks or other marketable collaterals 4264 22 4 Loans made in cash to policyholders on this companys policies assigned as collateral 3972 28 6 Cost value of bonds and stocks owned ex cluding accrued interest at time of pur chase 1000 00COMPTROLLERGENERALS REPORT 355 7 Oash in companys office 3332 27 8 Cash deposited in banks 48014 59 10 Agents ledger balances 1358 97 11 Total net or ledger assets as per balance above 572014 83 Total net or ledger assets less depreciation OTHER ASSETS 14 Interest accrued on mortgages 5991 08 16 Interest accrued on collateral loans 19 80 13 Total carried out New Business Renewals 23 Gross premiums due and unre ported on policies in force De cember 31 1900 69300 83 49427 44 24 Gross deferred premiums on poli cies in force December 31 1900 3481 57 23322 38 Totals 72782 40 25 Ded acting loading 60 per cent on new and 5 per cent on re newals 43669 44 72749 82 3 637 49 29112 96 69112 33 4991 42 20 Net amount of uncollected and deferred premiums Less agents unapplied cash credits Extended Renewal premium extention note premiums not in eluded in item No 23 Total assets as per the books of the company 572014 83 6010 88 28 ITEMS NOT ADMITTED Agents balances 11358 97 Total 93305 87 li37 86 682729 44 11358 97 9 Total assets less items not admitted 071 370 47 VLIABILITIES 1 Net present value of all the outstanding poli cies in force on the 31st day of December 1900 computed according to the actuaries table of mortality with four per cent in terest 390693 47 Net reinsurance reserve 300 693 47 5 Claims for death losses and matured endow ments in process of adjustment or adjusted and not due 10000 00 6 Claims for death losses and other policy claims resisted by the company 5000 00 Total policy claims 15000 00 10 Amount of all unpaid dividends of surplus or other de scription of profits due policyholders 757 50356 COMPTROLLERGENERALS REPORT 1881 48 1262 31 17 18 13 Amount due on account of salaries rents and office ex penses 16 Amount of any other liability of the company viz Premiums paid in advance 126231 Liabilities on policyholders account 409594 82 Gross surplus on policyholders account 261775 65 19 Total liabilities 671370 47 20 Estimated surplus accrued on ton tine or other policies the profits upon which are especially re served for that class of policies 114987 46 21 Estimated surplus accrued on all other policies 146788 19 Business in Georgia During 1900 Number and amount of policies on the lives of citi zens of Georgia in force December 31 of previ ous 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 1900 What amount of premiums was collected or secured in Geor gia during the year in cash and notes or credits with out any deduction for losses dividends commissions or other expenses Answer Cash 1847867 total No Amount 145 637500 00 49 155500 00 194 793000 00 31 110000 00 163 683000 00 1847S 67 Insurance in force Premiums Tax BUSINESS IN GEORGIA FOB YEAR ENDING APRIL 30 1901 748000 000 21472 26 214 72 8TATE MUTUAL LIFE ASSURANCE COMPANY OF MASSA CHUSETTS t jnt H M Witter Secretary A G Bullock President Principal Office 340 Main Street Worcester Mass W A Wright Insurance Commissioner Attorney for Service in Georgia ICAPITAL STOCK Amount of net or ledger assets December 31 of BJiCOMPTROLLERGENERALS REPORT 357 IIINCOME DURING YEAR 1900 XL Cash received for premiums on new policies without de ductions for commissions or other expenses394144 65 1 Cash received for renewal pre miums without deductions for commissions or other ex penses2178167 60 2 Premium notes loans or liens taken in part payment for re newal premiums 152191 37 3 From dividends applied to pay running premiums see item 11 disbursements 304805 92 3h From dividends applied to pur chase paidup additions and annuities see item 12 dis bursements 101712 81 Total3131022 35 Deduct amount of premiums paid to other companies for reinsurance on policies in this company new business 6 52742 renewals 706128 13588 70 7 Total premium income 3117433 65 8 Cash received for interest on mortgage loans 118661 22 9 Cash received for interest on bonds owned and dividends on stock 422196 76 10 Cash received for interest on premium notes loans or liens 59395 26 11 Cash received for interest on other debts due the company 32773 97 12 Cash received as discount on claims paid in advance 258 42 13 Cash received for rents for use of com panys property including 1500000 for companys own occupancy 105690 79 16 From dividends and surrender values on reinsurances 1008 10 19 From all other sources viz annuity cer tain contracts 1500 00 Total income 3858918 17 Total18870166 58358 COMPTROLLERGENERALS REPORT IIIDISBURSEMENTS DURING YKAR 1900 1 Cash paid for death claims including revisionary addi tions 788151 28 3 Cash paid for matured en dowments and additions thereto 214093 12 5 Cash paid for sums falling due during the year on install ment policies 174 00 Total1002418 40 Endowments 20000 00 10 11 12 13 17 18 19 20 21 22 23 24 26 27 Total net amount actually paid for losses and matured endowments Premium notes loans or liens used in pur chase of surrendered policies voided by lapse Cash dividends paid policyholders Cash dividends applied to pay running pre miums see item 3 income Cash dividends applied to purchase paid up additions and annuities see item 3 income Surrender values paid in cash Cash paid for commissions and bonuses to agents less commission on reinsurance new policies 18529525 renewals 189 02022 Cash paid for salaries and allowances to managers and agents Cash paid for medical examiners flees 2447650 inspection of risks 478333 Cash paid for salaries and all other com pensation of officers and other liomt of fice employees Cash paid for taxes on new premiums 4 38627 on renewals 1237545 Cash paid for taxes on reserves 2433177 on investments 2678106 Cash paid for insurance department fees and agents licenses 531228 municipal licenses 195397 Cash paid for rent including 1500000 companys occupancy Cash paid for furniture fixtures and safes for home and agency offices Cash paid for advertising 312401 print ing 1085295 982418 40 5709 00 6848 11 304805 92 101712 81 279358 69 374315 47 44381 25 29259 83 65233 68 16761 72 51112 83 6266 25 32369 12 2603 64 13976 96COMPTROLLERGENERALS REPORT 359 28 Cash paid for real estate expenses other than taxes 3884639 for legal ex penses 298447 41830 86 29 Cash paid for the following items viz postage revenue stamps premium on bonds etc 4354 37 Depreciation on real estate 20000 00 30 Total disbursements 2422538 91 31 Balance 16447627 67 Deduct premium notes included in No 24 152191 37 16295436 30 Invested in the following IVASSETS AS PER LEDGER ACCOUNTS 1 Cost value of real estate exclusive of all incumbrances 1722000 00 2 Loans on mortgage first liens on real estate 2887185 79 3 Loans secured by pledge of bonds stocks or other marketable collaterals 520460 00 4 Loans made in cash to policyholders on this companys policies assigned as col lateral 896007 65 6 Cost value of bonds and stocks owned ex cluding accrued interest at time of pur chase 9796222 00 7 Cash in companys office 7495 65 8 Cash deposited in banks 466065 21 11 Total net or ledger assets as per bal ance above 16295436 30 13 Total net or ledger assets less depreciation 16295436 30 OTHER ASSETS 14 Interestdue 4575 and accrued 3054552 on mortgages 35120 52 15 Interest due and accrued on bonds and stocks 135899 83 16 Interest due and accrued on collateral loans 5956 24 17 Interest due 54992 and accrued 16 93959 on premium notes loans or liens 17489 51 19 Rents due and accrued on companys prop erty or lease 12608 24 Total carried out 207074 34 21 Market value of bonds and stocks over cost S86415 00 New Business Renewals 23 Gross premiums due and unreported on pol icies in force December 31 1900 55060 42 1457110136o COMPTROLLERGENERALS REPORT 24 Gross deferred premiums on policies in force December 31 1900 56298 04 225564 48 Totals 111358 46 371275 49 25 Deducting loading 20 per cent on new and 20 per cent on renewals 22271 70 74255 09 26 Net amount of uncollected and deferred premiums 89086 76 297020 40 Extended 386107 16 28 Total assets as per the books of the company 17775032 80 VLIABILITIES 1 Net present value of all the outstanding policies in force on the 31st day of Decem ber 1900 computed according to the actuaries table of mortality with four per cent interest including reversionary additions15908692 00 Deduct net value of risks of this com pany reinsured in other solvent com panies 41696 00 Net reinsurance reserve15866996 00 5 Claims for death losses reported and no proofs received additions included 43833 38 6 Claims for death losses and other policy claims resisted by the company 700000 8 Present value of unpaid amounts on ma tured installment policies face 1566 1352 52 Total policy claims 52185 90 Special reserve for deferred dividend policies 5 year dividend period only 15000 00 17 Liabilities on policyholders account 15934181 90 18 Gross surplus on policyholdersaccount 1840850 90 19 Total liabilities17775032 80 VIPREMIUM NOTE ACCOUNT 1 Premium notes loans or liens on hand De cember 31 of previous year 178950 33 2 Premium notes loans or liens on old pol icies 229863 52 Total 408813 85 Amount of notes loans or liens voided by lapse 5709 00 Amount of notes loans or liens re deemed by maker in cash 250913 48 Total reduction of premium note account 256622 48 Balance note assets at end of the year 152191 37COMPTROLLERGENERALS REPORT 361 Business in the State of Georgia During 1900 No Amount Number and amount of policies on the lives of citizens of Georgia in force December 31 of previous year 6 17255 Number and amount of policies on the lives of citizens of Georgia issued during the year1 2i000 Total Total number and amount of policies in force in Geor gia December 31 1900 7 19255 What amount of premiums 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 42788 notes or credits S13500 total 56288 Of the deferred premiums on renewals 15219137 are in the form of premium notes which the company formerly carried in the net ledger as sets but have now put in other assets TRAVELERS LIFE INSURANCNE COMPANY HARTFORD COSN James G Batterson President John E Morris Secretary Principal office 56 Prospect St Hartford Conn W A Wright Atlanta Attorney for Service in Georgia ICAPITAL STOCK Amount of net or ledger assets December 31 of previous year 21236908 93 Extended at21236908 93 IIINCOME DURING YEAR 1900 1 Cash received for premiums on new policies without deduc tions for commissions or other expenses 529665 90 Cash received for renewal pre miums without deductions for commissions or other ex penses 2879003 18 Single premiums gross 585 63 4 From surrender values applied to pay running premiums see item 14 disbursements 397 86 5 Consideration for annuities other than matured install ment policies 20570 10 Total 3430222 67 Deduct amount of premiums paid to other companies for reinsurance on policies in this company new business 11 83680 renewals 9907797 110914 77 7 Total premium income 3319307 90362 COMPTROLLERGENERALS REPORT 322873 6t 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 13 Cash received for rents for use of companys property including 1500000 for compa nys own occupancy 14 Cash received for profits on sales of bonds or stocks real estate 645836 9 From all other sources viz profit and loss 483049 67 160043 48 51400 95 1672 47 109040 99 26458 36 19209 28 Total income 4493056 74 Tota 25729965 67 IIIDISBURSEMENTS DURING YEiR 1900 Cash paid for death claims in cluding revisionary additions 823177 02 Cash paid for matured endow ments and additions thereto 362481 87 Cash paid for sums falling due during the year on install ment policies 210569 36 Total 1396228 25 Deduct amount received from other companies for losses or claimson policies of this com pany reinsured of which is for matured endowments 38440 00 8 13 14 Total net amount actually paid for losses and matured endowments 1357788 25 18 19 Cash paid to annuitants Surrender values paid in cash less 399352 received on surrendered reinsurances Surrender values applied to pay running pre miums see item 4 income Total paid policyholders 152066581 Cash paid for commissions and bonuses to agents less commission on reinsurance new policies 24321032 renewals 150 10570 single premium 3514 annuities 64023 Cash paid for salaries and allowances to man agers and agents Cash paid for medical examiners fees 17615 86 153863 84 397 86 393991 39 56165 08 31198 14COMPTROLLERGENERALS REPORT 363 20 21 22 23 24 25 26 27 28 29 Cash paid for salaries and all other compen sation of officers and other home office employees Cash paid for taxes on new premiums 7 33207 on renewals 2984485 fran chise 42800 Cash paid for taxes on reserves 389948 on real estate 3369891 internal rev enue 1121506 Cash paid for insurance department fees and agentslicenses 197330 munic ipal licenses 228451J Cash paid for rent including 15000 com panys occupancy Losses on sale or maturity of securities Cash paid for furniture fixtures and safes for home and agency offices Cash paid for advertising 3947820 print ing 796197 postage 641817 Cash paid for real estate expenses other than taxes 13289806 for legal ex penses 647660 Cash paid for the following items viz trav eling expenses 89371 exchange 8 10835 express charges 44301 expense 740589 Total miscellaneous expenses 91561847 90969 32 90676 18 17686 29 24400 75 447 36 53858 34 139374 66 16850 96 30 Total disbursements 2445284 28 31 Balance Invested in the following IVASSETS AS rER LEDGER ACCOUNTS 1 Cost value of real estate exclusive of all in cumbrances 1909891 79 2 Loans on mortgage first liens on real estate 5950339 28 3 Loans secured by pledge of bonds stocks or other marketable collaterals 1182450 00 4 Loans made in cash to policyholders on this companys pjlicies assigned as collateral 6 Cost value of bonds and stocks owned ex cluding accrued interest at time of purchase 7 Cash in companys office 8 Cash deposited in banks Life Department Farmers Mechanics Natl Bank Hart ford Conn 5000000 Hartford Natl Bank Hartford Conn 52169727 National Ex change Bank Hartford Conn 3000000 National Shoe Leather Bank New York 26735667 Western National Bank New York 1009818 Moore Schley Bank ers New York 101935 Hartford Loan 23284681 39 1586652 20 11341681 05 1800 00364 COMPTROLLERGENERALS REPORT Trust Company Denver Col 3970000 Banco De Londres Y Mexico 2341159 Banco Nacional Mexico 1000000 Per manent Savings Loan Co Cleveland Ohio 20000000 Woodland Ave Loan Co Cleveland Ohio 450000 Broadway Loan Co Cleveland Ohio 7050000 Produce Exchange Banking Co Cleve land Ohio 5000000 National Bank of Commerce Kansas City Mo 2633824 Accident Department City Bank of Hartford 198518 77 Fourth Natl Bank New York 276021 33 ilO 11 13 14 15 16 20 21 23 24 Agents ledger balances of which amount decreased was advanced during the year 1304621 30 474540 10 1779161 40 7245 77 Total net or ledger assets as per balance above 23284681 39 Total net or ledger assets less depreciation 23284681 39 OTIIBR ASSETS Interest accrued on mortgages 90810 73 Interestaccrued on bonds and stocks 125985 12 Interest accrued on collateral loans 15604 80 Renewals 105120 85 230147 00 26 Total carried out Market value of real estate over cost Market value of bonds and stocks over cost New Business Gross premiums due and un reported on policies in force December 31 1900 Gross deferred premiums on policies in force December 31 1900 74368 10 848478 22 Totals 179488 95 578625 22 Deducting loading 45 per cent on new and 6 per cent on renewals 80770 03 34717 51 Net amount of uncollected and deferred premiums 98718 92 Extended 232400 65 161642 72 629541 50 543907 71 642626 63 28 Total assets as per the books of the company 24950892 89 ITEMS NOT ADMITTED Agents balances 7245 77 7245 77 Total 9 Total assets less items not admitted 24943 647 12COMPTROLLERGENERALS REPORT 365 VLIABILITIES Reserve for indemnity contracts 5000 00 1 Net present value of all the outstanding policies in force on the 31st dayof Decem ber 1900 computed according to the actu aries table of mortalitywithfour per cent interest 2172143100 Deduct net value of risks of this com pany reinsured in other solvent com panies 486856 00 t Net reinsurance reserve 21239575 00 4 Claims for matured endowments due and unpaid 5 Claims for death losses and matured endow ments in process of adjustment or adjusted and not due 6 Claims for death losses and other policy claims resisted by the company 4047 00 191886 45 16531 30 212464 75 10000 00 8 Present value of unpaid amounts on matured installment policies face 143179200 Total 9 Amount of trust funds held by the company less amount due from solvent companies for reinsurance Total net policy claims 202464 75 202464 75 13 Amount due ou account of salaries rents and office expenses 2o000 00 16 Amount of any other liability of the company viz Pre miums paid in advance 1844 93 Additional reserve on all outstanding policies required by companys standardAmerican Experience Table with 3 per cent interest 111849100 Liabilities on policyholders account 23649811 68 Gross surplus on policyholders account l29383o 44 Total liabilities 24943647 12 Business in Georgia During 1900 Number and amount of policies on the lives of citizens 17 18 19 No Amount of Georgia in force December 31 of previous year 944 3747021 00 Number and amount of policies on the lives of citizens of Georgia issued during the year 309 911853 00 Total 1253 4658874 00 Deduct number and amount which have ceased to be in force during the year 132 495880 00 Total number and amount of policies in force in Georgia December 31 1900 1121 4162994 00366 COMPTROLLERGENERALS REPORT Amount of losses and claims on policies in Georgia un paid December 31 of previous year Amount of losses and claims on policies in Georgia in curred during the year No 27 Amount 5000 00 00930 56 Total 29 65930 56 Amount of losses and claims on policies in Georgia paid during the year 26 38930 56 What amount of premiums was collected or secure 1 in Georgia during the year in cash an 1 notes or credits without any deduction for losses dividends com missions or other expenses Answer Cash 125958 50 total 12595850 BUSINESS IN GEORGIA FOR YEAR ENDING APRIL 30 1901 Insurance in force 4457781 00 Premiums 127284 95 Losses 52343 66 Tax 1272 85 THE UNITED STATES LIFE INSURANCE COMPANY OF THE STATE OF NEW YORK Geo H Burford President A Wheelwright Secretary Principal Office 273 275 and 277 Broadway New York N Y W E Hawkins Atlanta Attorney for Service in Georgia ICAPITAL STOCK U Amount of capital stock au thorized 44000000 sub scribed for 440000 00 2 Amount of capital paid up in cash 440000 00 Amount of net ledger assets December 31 of previous year 7522734 60 Extended at 7522734 60 IIINCOME DURING YEAR A Shown by the Books at Home Offiee at Close of Business December Slat 1 First years premiums except items 3 and 5 less interest included in deferred pre miums 904 and 121847 for 1st years reinsurance 182937 45 Renewal premiums exeept items 3 and5 less interest included in deferred pre miums 578619 and 7 69802 for renewal reinsur ance 995611 02COMPTROLLERGENERALS REPORT 367 3 Dividends applied by policy holders to pay running pre miums 1st year premi ums 205205 renewals 595384 see item 9 dis bursements 8005 89 4 Dividends applied by policy holders to purchase paidup additions and annuitiessee item 10 disbursements 2944 00 6 Surrender values applied to purchase paidup insurance and annuities see item 13 disbursements 31615 08 7 Consideration for annuities other than matured in stallment policies 110636 00 8 Total premium income 1331749 44 9 Rents from companys prop erty including none for companys use of own build ings 34847 59 10 Interest on loans on mort gages of real estate 250002 47 11 Interest on collateral loans including premium notes loans or liens 25623 35 12 Interest on bonds and divi dends on stocks 71135 39 13 Interest on other debts due the company and on de posits in banks 1644 22 J4 Discounts on claims paid in advance interest on deferred premiums 5795 23 Total rents and interest 15 Profit on sales of real estate on sale or maturity of securities 17 From other sources viz Profit and loss sale of safes etc Total income during the year 1727932 70 Sum of both amounts 9250667 30 IIIDISBURSEMENTS DUBING YEAR As Shown by the Books at Home Office at Close of Business December 31st 1 For death claims 50749908 additions 542937 512928 45 2 Matured endowments 69 09700 additions 70100 69858 00 389048 25 6919 22 215 79368 COMPTROLLERGENERALS REPORT 3 Installment death claims 24588 34 Total 607374 79 4 Deduct amount received from other companies for claims on policies of this company reinsured of which none is for matured endowments 5000 00 5 Total net amount actually paid for losses and matured endowments 602374 79 Paid to annuitants 17922 07 7 Premium notes voided by lapse less 1 89003 restored by revival 10931 93 8 Dividends paid policyholders less 2220 re ceived for dividends on reinsurances 77794 43 9 Dividends applied by policyholders to pay running premiums see item 3 income 8005 89 10 Dividends applied by policyholders to pur chase paidup additions and annuities see item 4 income 2944 00 11 Surrender values paid less none received on surrendered reinsurances 122213 63 13 Surrender values applied to purchase paid up insurance and annuities see item 6 income 31615 OS Total paid policyholders 87380182 14 Paid stockholders for interest 30800 00 15 Commissions and bonuses to agents less commission received on reinsurances new policies 10648595 renewal pol icies 7251555 on annuities 565317 184654 67 17 Salaries and allowances for agencies in cluding managers agents and clerks 94312 47 18 Salaries and all other compensation of ficers 36700 00 home office employees 3069333 67393 33 19 Medical examiners fees 2070113 inspec tion of risks none 20701 13 20 Taxes on new premiums 259127 renewal premiums 782024 on franchise none on reserves 141856 municipal licenses 115486 internal revenue 324506 16229 99 21 Taxes on real estate 8798 58 on other in vestments 8798 58 22 Insurance department fees and agents li censes 3297 58 23 Repairs and expenses other than taxes on real esiate 11581 53 24 Rent including none for companys use of own buildings less none received under sublease 33395 62COMPTROLLERGENERALS REPORT 369 25 Advertising 1787607 printing and sta tionery 493977 postage etc 784227 26 Legal expenses 1655487 for furniture etc 2085798 27 Losses on sales of real estate none on sale or maturity of securities 295255 28 All other items viz Directors fees 5 270 00 traveling expenses 54202 profit and loss ledger balance 91258 Total miscellaneous ex penses 54891301 Total disbursements 30658 11 37412 85 2952 55 6724 60 1422714 83 Balance 7827952 47 Invested in the following IVLEDGER ASSETS As per Ledger Accounts Shovm by the Books at Home Office at Close of Business December Slst 1 Book value real estate unincumbered 59901608 incumbered none 599016 08 2 Mortgage loans on real estate first liens 495943000 other than first none 4959430 00 3 Loans secured by pledge of bonds stocks or other collateral 9145 58 4 Loans made to policyholders on this com panys policies assigned as collateral 424873 80 5 Premium notes on policies in force of which 1269100 is for first years premiums 132888 73 6 Book value bonds excluding interest 1 36286640 stocks 6035937 1423225 77 7 Cash in companys office 142653 deposit ed in bank 26517252 New York State Banking Company Syracuse N Y 50000 Importers and Traders Na tional Bank New York 26467252 266599 05 8 Bills receivable 361000 agents debit balances 916346 secured 12773 46 Total 7827952 47 Total net ledger assets as per balance above 7827952 47 NONLEDGER ASSETS 10 Interest due 558193 and accrued 46 57425 on mortgages 52156 18 11 Interest due and accrued 1819501 on bonds and stocks 18195 04 12 Interest due and accrued 19006 on collateral loans 190 06 11 Interest due 371331 and accrued 16 09932 on premium notes loans or lienp 19812 63 24cg370 COMPTROLLERGENERALS REPORT 14 Interest due none and accrued 29631 on other assets 296 31 90 650 22 16 Market value of real estate over book value 53583 92 17 Market value not including interest in item 11 of bonds and stocks over book value 220273 82 273857 74 New Business Renewals 18 Gross premiums not more than three months due after period of grace unreported on policies outstanding De cember 31st 61930 58 9940119 19 Gross deferred premiums on policies outstanding De cember 31st 113 02 59904 66 2l Totals 62043 60 159305 85 21 Deduct cost of collection 50 per cent on new and 6 per centon renewals 31021 80 9176 53 22 Net amount of uncollected and deferred premiums 3102180 150129 32 18115112 Gross assets 8373611 55 VNONLEDHER LI ABILITIES As Shown by the Books at Home Office nt Clone of Business December list Hum 1 Net present value of all the outstanding policies in force on December 31st 1900 as computed by the company according to the actuaries table of mortality with 4 percent interest 7306428 00 Same for reversionary additions 112132 00 Same for annuities including those in reduction of premiums 244303 00 Total 7662863 00 Deduct net value of risks of this com pany reinsured in other solvent com panies 51928 00 Net reserve 7610935 00 2 Present value of amounts not yet due on matured intall ment policies fact 14500000 30165 00 Matured endowments due and unpaid 1427 00 5 Death looses in process of adjustment or adjusted and not due 2339 33 6 Death losses which have been reported and no proofs received 54735 00COMPTROLLERGENERALS REPORT 371 Death losses and other policy claims resisted by the company not yet outlawed 5000 00 Gross policy claims 84555 33 Net policy claims 84555 33 9 Unpaid dividends or other profits due policyholders in cluding those contingent on payment of outstanding and deferred premiums 5822 26 11 Salaries rents expenses taxes bills accounts bonuses commissions medical and legal fees etc due or ac crued 1658 21 12 Premiums paid in advance 6488 41 13 Surrender values claimable on policies canceled whose re serves are not included in item 1 1272 00 14 Any other liability viz cost of collection of part pre mium notes 985 40 Liabilities on policy holders account Gross divisible surplus Capital stock paid up Total 183729 94 440000 00 7749881 61 623729 94 8373611 55 VI PREMIUM NOTE ACCOUNT 165228 12 191020 63 1 890 03 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 pol cies 1269100 on old policies 17832963 3 Restored by revival of policies 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 redeemed by maker in cash Total reduclion of premium note account Balance note assets at end of the year Business in Georgia During 1900 Number and amount of policies on the lives of cilizens 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 148 12400 24 11894 12 12 821 96 63259 93 360 658138 78 100 557 376 25 62 53 Total Amount 1012505 00 362990 00 508 1375495 00372 COMPTROLLERGENERALS REPORT Deduct number and amount which have ceased to be in force during the year 107 287775 00 Total number and amount of policies in force in Georgia December 31 1900 401 1087720 00 Amount of losses and claims on policies in Georgia in curred during the year 6 14775 00 Total 6 14775 00 Amount of losses and claims on policies in Georgia paid during the year 5 11775 00 What amount of premiums was collected or secured in Georgia during the year in cash and note or credits without any deduction for losses dividends commissions or other expenses Answer Cash 3198628 notes or credits total 3198628 BUSINESS IN GEORGIA FOR YEAR ENDING APRIL 30 1901 Insurance in force 1108655 00 Premiums 33235 28 Losses 1775 00 Tax 332 35 UNION CENTRAL LIFE INSURANCE COMPANY John M Pattison President E P Marshall Secretary Piincipai Office 333 West Fourth St Cincinnati Isaac H Haas Atlanta Ga Attorney for Service ICAPITAL 1 Amount of capital stock paid up in cash 100000 00 Amount of net or ledger assets Dec 31 of pre vious year22589627 11 Extended at 22589027 11 IIINCOME DURING YEAR 1900 1 Cash received for premiums on new policies without deduc tions for commissions or other expenses 958986 89 li Cash received for renewal pre miums without deductions for commissionsorother expenses 3727295 37 3 From dividends applied to pay running premiums see item 11 disbursements 94805 16 31 From dividends applied to pur chase paidup additions and annuities see item 12 dis bursements 35750 79COMPTROLLERGENERALS REPORT S73 4 Prom surrender values applied to pay running premiums see item 14 disbursements 6904 07 4J From surrender values applied to purchase paidup insurance and annuities see item 15 disbursements 93133 59 5 Consideration for annuities other than matured installment policies 43435 85 Total 4960311 72 6 Deduct amount of premiums paid to other companies for rein surance on policies in this company new business 32 51121 renewals 85020 82 117532 03 7 Total premium income 4842779 69 8 Cash received for interest on mortgage loans 1157537 64 9 Cash received for interest on bonds owned and dividends on stock 7724 48 10 Cash received for interest on premium notes loans or liens 68046 02 11 Cash received for interest on other debts due the company 177692 97 18 Cash received for rents for use of companys property including 5000 00 for companys own occupancy 30552 81 14 Cash received for profits on sales of real estate 4935 25 Total income 6289268 86 Total 28878895 97 IIIDISBURSEMENTS DURING YEAR 1900 1 Cash paid for death claims in cluding revisionary additions 961241 46 3 Cash paid for matured endow ments and additions thereto 529366 88 5 Cash paid for sums falling due during the year on installment policies 2000 00 Total 1492608 34 Deduct amount received from other companies for losses or claims on policies of this com pany for matured endowments 8000 00 Total net amount actually paid for losses and matured endowments 1484608 34 Cash paid to annuitants 16455 21374 COMPTROLLERGENERALS REPORT 9 Premium notes loans or liens used in pur chase of surrendered policies voided by lapse 156096 59 156096 59 10 Cash dividends paid policyholders 143289 37 11 Cash dividends applied to pay running pre miums see item 3 income 94805 16 12 Cash dividends applied to purchase paidup additions and annuities see item 3J in come 35750 79 13 Surrender values paid in cash 97376 70 14 Surrender values applied to pay running pre miums see item 4 income 6904 07 15 Surrender values applied to purchase paidup insurance and annuities see item 4J in come 93133 59 Total paid policyholders 212841982 16 Cash paid stockholders for interest or divi dends 10000 09 17 Cash paid for commissions and bonuses to agents less commission on reinsurance new policies 47084260 renewals 235 77683 on annuities 217179 708791 22 18 Cash paid for salaries and allowances to man agers and agents 55094 90 19 Cash paid for medical examiners fees 55 51100 55511 oo 20 Cash paid for salaries and all other compensa tion of officers and other home office em ployees 120638 5S 21 Cash paid for taxes on new premiums and on renewals 63552 16 22 Cash paid for taxes on reserves 9S333 on in vestments 141145 taxes on real estate 864428 11039 06 23 Cash paid for insurance department fees and agents licenses and municipal licenses 13595 82 24 Cash paid for rent including 500000 com panys occupancy 28052 91 25 Cash for internal revenue war tax 1453 79 26 Cash paid for furniture 363721 losses on de preciation of home office property 19 67189 23309 19 27 Cash paid for advertising 579916 printing 2759652 postage 760067 40996 35 28 Cash paid for real estate expenses other than taxes 1337810 for legal expenses 20 39677 33774 ST 29 Cash paid for the following items viz Ac counts charged to profit and loss 23107 39 General expense 3710910 traveling ex pense 1386122 mortgage investment ex pense 20921508 260185 49COMPTROLLERGENERALS REPORT Total miscellous expenses 144910142 375 30 Total disbursements 3577521 24 31 Balance 25301374 73 Invested in the following IVASSETS AS PER LEDGER ACCOUNTS 1 Cost value of real estate exclusive of all in cumbrances 460612 09 2 Loans on mortgage first liens on real estate 20538620 16 4 Loans made in cash to policyholders on this companys policies assigned as collateral 2466240 49 5 Premium notes loans or liens on policies in forcf of which 18196800 was received dur ing the year 1046693 98 6 Cost value of bonds and stocks owned ex cluding accrued interest at time of purchase 163912 41 7 Cash in companys office 970 83 8 Cash deposited in banks 425297 51 9 Bills receivable 29559 59 10 Agentsledger balances 17743 i 74 11 12 13 Total net or ledger assets as per balance above 25309340 80 Deduct agents credit balances 7966 07 Total net or ledger assets less depreciation 25301374 73 OTHER ASSETS 14 Interest due 5691997 and accrued 631 88218 on mortgages 688802 15 15 Interest accrued on bonds and stocks 800 00 17 Interest accrued on premium notes loans or liens 29302 21 18 Interest due 633376 and accrued 90 65235 on other ass6ts 96986 11 19 Rents due 561964 and accrued 66085 on companys property or lease 6280 49 Total carried out 21 Market value of bonds and stocks over cost 822170 96 13887 59 23 Gross premiums due and unre ported on policies in force Dec 31 1900 24 Gross deferred premiums on policies in force Dec 31 1900 Totals 25 Deducting 20 per cent on new and 20 per cent on renewals New Business 182539 97 28352 17 210892 14 42178 43 26 Net amount of uncollected and deferred premiums 168713 71 Renewals 165543 21 78186 66 243729 87 48745 97 194983 90376 COMPTROLLERGENERALS REPORT Extended 363697 61 28 Total assets as per the books of the company 26501130 89 ITEMS NOT ADMITTED Depreciation of real estate to market value Agents balances Bills receivable 46061 20 177433 74 29559 59 Total 253054 53 10 16 Total assets less items not admitted 26248076 36 VLIABILITIES Net present value of all the outstanding policies in force on the 31st day of Dec 1900 com puted by the company according to the actuaries table of mortality with 4 per cent interest22537321 00 Deduct net value of risks of this company re insured in other solvent companies 191810 00 Net reinsurance reserve 22345481 00 Claims for death losses which have been re ported and no proofs received net 60072 00 Claims for matured endowments due and un paid 1600 00 Claims for death losses in process of adjust ment or adjusted and not due 8614 00 Claims for death losses and other policy claims resisted by the company 59948 00 Present value of unpaid amounts on matured installment policies face 14000000 26783 00 Total policy claims 157017 00 Amount of all unpaid dividends of surplus or other descrip tion of profits due policyholders II 109 51 Amount of any other liability of the company viz Pre miums paid in advance 101956 78 Commissions due agents on premium notes when paid 131389 53 17 18 19 Liabilities on policyholders account 22746953 82 Gross surplus on policyholders account 3501122 64 Total liabilities 26248076 36 VIPREMIUM NOTE ACCOUNT Premium notes loans or liens on hand Dec 31 of previous year 988619 04 Premium notes loans or liens received during the year on new policies 34836034 on old policies 137539649 1723756 83 Total 2712375 87COMPTROLLERGENERALS REPORT 377 Deductions during the year as follows Amount of notes loans or liens used in pay ment of losses and claims 27424 55 Amount of notes loans or liens used in pur chase of surrendered policies 657 85 Amount of notes loans or liens voided by lapse 156096 59 Amount of notes loans or liens used in pay ment of dividends to policyholders 3579 98 Amount of notes loans or liens redeemed by maker in cash 1477922 92 Balance note assets at end of the year Business in Georgia During 1900 No Number and amount of policies on the lives of citizens of Georgia in force Dec 31 of previous year 1273 Number and amount of policies on the lives of citizens of Georgia issued during the year 425 Total 1698 Deduct number and amount which have ceased to be in force during the year 275 Total number and amount of policies in force in Georgia Dec 31 1900 1423 Amount of losses and claims on policies in Georgia un paid Dec 31 of previous year 2 Amount of losses and claims on policies in Georgia in curred during the year 12 Total 14 Amount of losses and claims on policies in Georgia paid during the year 10 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 ex penses Answer Total 8122347 1665681 89 1046693 98 Amount 2617515 00 776888 00 3394403 00 510740 00 2883663 00 5590 00 26500 00 32090 00 15090 00 BUSINESS IN GEORGIA FOR YEAR ENDING APRIL 30 1901 Insurance in force 3086896 00 Premiums 91242 67 Losses 26902 00 Tax 912 43378 COMPTROLLERGENERALS REPORT WASHINGTON LIFE INSURANCE COMPANY OP NEW YORK W A Brewer Jr President Graham H Brewer Secretary Principal Office 141 Broadway 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 year15186653 08 Extended at15186653 08 IIINCOME DURING YEAR 1900 1 Cash received for premiums on new policies without de ductions for commissions or other expenses 478858 48 1J Cash received for renewal pre miums without deductions for commissions or other ex penses 1663119 05 3 From dividends applied to pay running premiums see item 11 disbursements 75674 37 3J From dividends applied to purchase paidup additions and annuities see item 12 disbursements 126457 00 4 From surrender values ap plied to purchase paidup in surance and annuities see item 15 disbursements 84079 77 5 Consideration for annuities other than matured install ment policies 60628 78 Total 2488817 45 7 Total premium income2488817 45 8 Cash received for interest on mortgige loans 385509 12 9 Cash recieved for interest on bonds owned and dividends on stock 28053 54 11 Cash received for interest on other debts due the company 71506 06 12 Cash received as discount on claims paid in advauce 6921 62 13 Cash received for rents for use of companys property including 33900 forcompanys own occupany 277836 12 14 Cash received for profits on sales of bonds or stocks 186083 160 83 Total income7T 3260495 74 Total18447148 82COMPTROLLERGENERALS REPORT 379 IIIDISBURSEMENTS DURING YEAR 1900 1 Cash paid for death claims in cluding revisionary addi tions 941732 84 3 Cash paid for matured endow ments and addtions thereto 554138 28 Total1495871 12 7 Total Det amount actually paid for losses and matured endowments 1495871 12 8 Cash paid to annuitants 27925 43 Return premiums 3388 87 11 Cash dividends applied to piy running pre miums see item 3 income 75674 37 12 Cash dividends applied to purchase paidup additions and annuities see item 3j in come 126457 00 13 Surrender values paid in cash 100320 41 15 Surrender values applied to purchase paid up insurance and annuities see item 4 income 84079 77 Total paid policyholders 1913716 97 16 Cash paid stockholders for interest or divi dends 8750 00 17 Cash paid for commissions and bonuses to agents less commission on reinsurance new policies 26440123 renewals 103 48541 367886 61 18 Cash paid for salaries and allowances to managers and agents 141551 81 19 Cash paid for medical examiners fees 40 62493 inspection of risks 2676491 67389 84 20 Cash paid for salaries and all other compen sation of officers and other home of fice employes 115723 18 21 Cash paid for taxes on premiums 1776534 franchise 8500 net revenue 1121471 29065 05 22 Cash paid for taxes on reserves 2696 90 on investments real estate 3894158 41638 48 23 Cash paid for insurance department fees and agents licenses 259387 municipal licenses 766080 10254 67 24 Cash paid for rent including 53900 com panys occupancy 76965 90 25 Cash paid for commuting commissions 54310 52 27 Cash paid for advertising 687776 print ing and stationery 1216436 exchange and postage 1316026 32202 38 28 Cash paid for real estate expenses other than taxes 5088866 50888 00380 COMPTROLLERGENERALS REPORT 29 Cash paid for the following items viz In terest 517454 office expenses 1921285 P and L 31597 Total miscellaneous expenses 102133044 30 Total disbursements 2935047 41 24703 36 31 Balance15512101 41 nvested in the following IVASSETS AS PER LEDGER ACCOUNTS 1 a Cost value of real estate exclusive of all incumbrances5471170 72 2 Loans on mortgage first liens on real es tate7688200 00 4 Loans made in cash to policyholders on this companys policies assigned as col lateral 1142154 60 6 c Cost value of bonds and stocks owned excluding accrued interest at time of pur chase 683013 08 7 Cash in companys office 51954 99 8 Ciish deposited in banks 441667 00 10 Agents ledger balances 25055 00 Office furniture 8886 02 11 Total net or ledger assets as per balance above15512101 41 13 Total net or ledger assets less depreciation 15512101 41 OTHER ASSETS 14 Interest due 15000 and accrued 73960 44 on mortgages 15 Interest due 319584 on bonds and stocks 16 Interest due 780169 and accrued 16076 70 on collateral loans 18 Interest due 829867 on other assets 19 Rents due 86200 and accrued 1026250 on companys property or lease Total carried out 20 Market value of real estate over cost 88960 44 3195 84 23878 39 8298 67 11124 50 135457 84 241079 28 23 Gross premiums due and uu reported on policies in force December 31 1900 24 Gross deferred premiums on policies in force December 31 1900 Totals Xew Business Renewals 91959 63 66056 03 49409 62 176763 73 141369 25 242819 76COMPTROLLERGENERALS REPORT 381 25 26 28 2 5 8 9 Deducting costs of collection 546 per cent on new and 6 per cent on renewals Net amount of uncollected and deferred premiums Extended 77187 61 14569 19 64181 64 228250 57 Total assets as per the books of the company ITEMS NOT ADMITTED Furniture fixtures and safes 888602 Agentsbalances Depreciation in value of bonds 292432 21 1618L070 74 8886 02 25055 00 2696 25 Total 36637 27 4 5 6 16 17 18 19 Total assets less items not admitted V LIABILITIES Net present value of all the outstanding policies in force on the 31st day of De cember 1900 computed according to the actuaries table of mortality with 4 per cent interest15255021 00 Net Reinsurance reserve Claims for matured endowments due and un paid Claims for death losses and matured endow meats in process of adjustment or ad justed and not due Claims for death losses reported only Total policy claims Amount of any other liability of the company viz Pre miums paid in advance 772048 16141433 47 15255021 CO 27397 85 45355 80 54053 90 Liabilities on policyholders accouut Gross surplus on policyholders account 126807 55 7720 48 15389549 03 791521 71 Total liabilities BUSINESS IN GEORGIA DURING 1900 Number and amount of policies on the lives of citizens of Georgia in force December 31 of previous yar Number and amount of policies on the lives of citizens 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 1900 16181070 74 No Amount 52 L 886622 00 224 399751 00 745 1286373 00 151 346903 00 594 939470 00382 COMPTROLLERGENERALS REPORT Amouut of losses and claims on policies in Geor gia Incurred during the year 12 50450 50 Total 12 50450 50 Amount of losses and claims on policies in Georgia paid during the year 12 50450 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 Cash3110707 notes or credits total 31107 07 BUSINESS IN GEORGIA FOE YEAR ENDING APRIL 30 1901 Insurance in force 947218 00 Premiums 34992 35 Losses 44783 50 Tax 349 92 AMERICAN TEMPERANCE E4FE INSURANCE ASSOCIATION Frank Delano President George E Gobward Secretary Principal Office 253 Broadway New York City I BALANCE SHEET Amount of net ledger assets December 31st of pre vious year 29244 24 IIINCOME DURING YEAR 1900 Gross amount paid by members to the Association or its agents without deductions for commissions or other expenses as follows i 2 Annual dues 3 Assessments 4 For first years assessments expense Total paid by members Interest Total Total income Total 17678 25 112406 92 1140 45 141495 62 448 28 141943 90 IIIDISKUR8EMENTS DURING YEAR 1900 1 Losses and claims 77987 50 Total paid to members 77987 50 S Commissions and fees retained by or paid to agents 18193 34 5 Salaries and traveling expenses of managers of agencies and general special and local agents 4900 00 141943 90 17118S 14COMPTROLLERGENERALS REPORT 333 6 Medical examiners fees whether paid direct by members or otherwise 741 30 7 Salaries and other compensation of officers and other office employees 11560 00 8 Rent 143000 taxes 80232 2232 32 10 Advertising and printing 2323 31 11 All other items viz Legal expenses 1412 25 Traveling expenses 146287 postage 119431 2657 18 Sundries expenses 759 30 Total expenses footings of items 3 to 11 4477900 Total disbursements 22766 50 Balance 48421 64 Invested as follows IVINVESTED ASSETS 6 Cash in office 3287 35 7 Cash deposited in bank Farmers Loan and Trust Co 2360907 Chatham National Bank 1232594 Emigrant Industrial Sa vings Bank 313125 Metropolitan Sav ings Bank 3008 00 Irvings Savings In stitution 306003 45134 29 Total net or ledger assetsless depreciation 48421 64 VCONTINGENT ASSETS 16 Due from members for claims not yet as sessed 18734 48 17 Mortuary assessments due and unpaid on memberships in force 8757 39 21 Total due from members 27491 87 22 Deduct estimated cost of collection 1649 51 23 Net amount due from members 25842 36 Total assets 74264 CO VILIABILITIES 2 Losses in process of adjustment or adjusted and not due Number of claims 7 10000 00 3 Losses reported for which assessments have not been made Number of claims 5 12500 00 4 Losses resisted by the company Number of claims 1 1000 00 Total liabilities 23 500 00 VIIEXHIBIT OP CERTIFICATES OB POLICIESXUMBE R AND AMOUNT Total Business of 1900 No Amount Policies or certificates in force December 31 1899 4316 6821130 Policies or certificates written during the year 1900 542 739600 Total 4858 7560730384 COMPTROLLERGENERALS REPORT Deduct number and amount which have ceased to be in force during 1900 510 702330 Total policies or certificates in force December 311900 4343 6858400 Losses and claims on policies or certificates unpaid December 31 1899 9 16600 Losses and claims on policies or certificates incurred during the year 1900 49 95125 Total 58 111725 Losses and claims on policies or certificatespaid dur ing the year 1900 47 88225 BUSINESS IN GEOHGIA DURING 1900 Total policies in force December 81 1900 27 35000 EQUITY LIFE ASSOCIATION P H Trout President E M Funkhouser Secretary Attorney for Service of Process in Georgia B E Proctor Savannah i balance sheet Amount of net or ledger assets December 31st of pre vious year 115002 71 IIINCOME DURING YEAR 1900 Gross amount paid by members to the Asso ciation or its agents without deduc tions for commissions or other expen ses as follows 2 Annual dues 48315 90 Total paid by members 48315 90 5 Interest 1193 55 6 Rents 833 32 Total income 50342 77 Total 165345 4S IIIDISBURSEMENTS DURING YEAR 1900 1 Losses and claims 14222 50 2 Annual payments and assessments returned to members 7958 53 Total paid to members 22181 03 3 Commissions and fees retained by or paid to agents 8241 22 5 Salaries and traveling expenses of managers of agencies and general special and local agents 4455 25COMPTROLLERGENERALS REPORT 385 6 Medical examiners fees whether paid direct by members or otherwise 918 50 7 Salaries and other compensation of officers and other office employees 4000 00 8 Rent 600 taxes 117701 commuted com missions 250 2027 01 10 Advertising blanks and printing 39889 398 89 11 All other items viz Postage internal reve nue stamps legal fees incidental office expense etc 586 84 Total expenses footings of items 3 to 11 2162771 Total disbursements 43308 74 Balance 121536 74 Invested as follows IVINVESTED ASSETS 1 Cost value of real estate in cash exclusive of all incumbrances 5388 32 2 Loans on bond and mortgage first liens on real estate 14124 39 4 Loans made in cash to members of this companys certificates assigned as collat eral and premium notes 9456 24 5 Cost value of bonds and stocks owned abso lutely 62100 00 6 Cash in office 373 93 7 Cash deposited in banks on reserved fund ac count 7410 39 9 All other ledger assets 22783 47 Total net or ledger assets less depreciation 121536 74 VCONTINGENT ASSETS 12 Interest due and accrued 1053 12 20 Annual payments or premiums in process of collection not yet due 8774 58 21 Total due from members 8774 58 22 Deduct estimated cost of collection 877 46 23 Net amount due from members 7897 12 Total assets 130486 98 VILIABILITIES 2 Losses in process of adjustment or adjusted and not due 8000 00 4 Losses resisted by the company 2000 00 9 Amount of all other liability viz Present value of in stallment policies matured 1647 33 Total liabilities 11647 33 25 C K386 COMPTROLLERGENERALS REPORT VIIEXHIBIT OF CERTIFICATES OR POLICIESNUMBER AND AMOUNT Total Business of 1900 No Amount Policies or certificates in force December 81 19U0 15G5 22607 39 Policies or certificates written during the year 1900 481 7575 00 Total 2046 30182 39 Deduct number and amount which have ceased to be in force during 1900 327 6330 17 Total policies or certificates in force December 311900 1719 23852 22 Losses and claims on policies or certificates unpaid December 31 1900 3 3250 00 Losses and claims on policies or certificates in curred during the year 1900 15 24000 00 Total 18 27250 03 Losses and claims on policies or certificates paid during the year 1900 13 17250 00 Business in Georgia During 1900 Policies or certificates in force December 31 1903 137 157000 Policies or certificates written during the year 1900 112 164000 Total 249 321000 Deduct number and amount which have ceased to be in force during 1900 79 101000 Total policies in force December 31 1900 170 220000 Losses and claims on policies or certificates in curred during the year 1900 3 4000 Losses and claims on policies or certificates paid during the year 1900 2 3000 BUSINESS IN GEORGIA FOR YEAR ENDING APRIL 30 1901 Risks written during the year 128500 00 Premiums 6382 11 Losses 4000 00 Taxes i3 82 EMPIRE MUTUAL ANNUITY AND LIFE INSURANCE CO G H Tanner President Samuel Barnett Secretary Principal Office 337 Equitable Building Atlanta Ga Attorney for Servce in Georga G H Tanner 337 Equitable Bldg Atlanta Ga BUSINESS IN GEORGIA FOR YEAR ENDING APRIL 30 1931 Risks written during the year 385500 00 Premiums 12971 62 Losses Tax 129 71COMPTROLLERGENERALS REPORT 387 GEORGIA RELIEF ASSOCIATION Wm M Becker President Wm J Tidd Secretary Principal Office 1209 Broad street Columbus Ga IIINCOME DURING YEAR 1900 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 84 00 2 Annual dues 1650 35 Total paid by members 1734 35 Total income 1734 35 IIIDISBURSEMENTS DURING YEAR 1900 1 Loses and claims 564 55 Total paid to members 564 55 3 Commissions and fees retained by or paid to agents 779 64 50 Advertising 12 50 11 All other items rents and fuel 27 35 Total disbursements 1384 04 1384 04 Balance 350 31 Invested as follows IVINVESTED ASSETS 6 Cash in office in hands of president 350 31 8 Agents ledger balances 510 80 9 Personal property 60 00 Total net or ledger assets less depreciation 921 11 Invested as follows VCONTINGENT ASSETS 21 Total due from members 510 80 22 Deduct estimated cost of collection 20 102 16 23 Net amount due from members 408 64 24 All other assets viz Personal property 60 00 Totalassets 468 64 468 64 VILIABILITIES 8 To officers or others for advances on account of expenses of organization 179 00 Totatal liabilities 17900 VIIEXHIBIT OF CERTIFICATES OR POLICIESNUMBER AND AMOUNT Total Business of 1900 t i No Amount Policies or certificates in force December 31 1900 526 12 150 00 Policies or certificates written during the year 1900 603 13910 00 Total 603 13910 00388 COMPTROLLERGENERALS REPORT Deduct number and amount which have ceased to be in force during 1900 77 Total policies or certificates in force Decem ber 31 1900 526 Losses and claims on policies or certificates in curred during the year 1900 283 Total 283 Losses and claims on policies or certificates paid during the year 1900 283 Business in Oeorgia During 1900 Policies or certificates in force December 81 1900 526 Policies or certificates written during the year 1900 603 Total 6l3 Deduct number and amount which have ceased to be in force during 1900 77 Total policies in force December 31 1900 526 Losses and claims on policies or certificates in curred during the year 1900 283 Total 283 Losses and claims on policies or certificates paid during the year 1900 283 BUSINESS IN GEORGIA FOB YEAR ENDING APRIL 30 1901 Risks written during the year Premiums Losses Tax 1760 0O 12150 00 564 55 564 55 564 55 12150 00 13 910 00 13910 00 1760 00 12150 00 564 55 564 55 564 55 1483 40 77 25 It GEORGIA SICK AND ACCIDENT BENEFIT ASSOCIATION J Covington President C A Camp Secretary Principal office 71416 Temple Court cor Pryor and Alabama Sts Atlanta Ga J Covington 71416 Temple Court Attorney for Service in Georgia IBALANCE SHEET Amount of net or ledger assets December 31 of previous year 10S1 iT II INCOME DURING YEAR 1900 Gross amount paid by members to the Association or its agents without deductions for commis sions or other expenses as follows 1 Membership fees 308 00 3 Assessment premiums10048 05 Total paid by members10356 05 Total income10356 05 TotalTM47 82COMPTROLLERGENERALS REPORT 389 IIIDISBURSEMENTS DURING YEAR 1900 1 Losses and claims 2595 25 2 Annual payments and assessments returned to members 7 70 Total paid to members 2602 95 3 Commissions and fees retained by or paid to agents 4570 66 4 Commissions and fees retained by or paid to officers and directors 200 00 5 Salaries and traveling expenses of managers of agencies and general special and local agents 369 76 7 Salaries and other compensation of officers and other office employees 1560 00 8 Rent 284 50 taxes 38130 665 80 10 Advertising 1200 blanks and printing 18530 397 30 11 All other items viz Attorney fees 20 00 Office furniture 39 00 Total10225 47 Total expenses footings of items 3 to 11 762252 Total disbursements10225 47 Balance 1222 35 Invested as follows IVINVESTED ASSETS 4 Loans made in cash to members on this companys certificates assigned as collateral 6 Cash in office 670 00 227 73 897 73 324 62 Total 7 Cash deposited in banks on reserve fund account Third National Bank Atlanta Ga Total 1222 35 8 Agentsledger balances 239 80 9 All other ledger assets 1462 15 10 Total net or ledger assets1222 35 Total net or ledger assets less depreciation 1222 35 VCONTINGENT ASSETS 19 Weekly payments or premiums due and unpaid on memberships in force 239 80 20 Weekly payments or premiums in process of collec tion not yet due12469 60 21 Total due from members12709 40 22 Deduct estimated cost of collection 20 2493 92 23 Net amount due from members10215 48 24 All other assets viz Office furniture 275 00 Stationery 200 00 Total10690 48 Total assets11912 83390 COMPTROLLERGENERALS REPORT VIIEXHIBIT OF CERTIFICATES OK POLICIESNUMBER AND AMOUNT Total Business of 1900 No Amount Policies or certificates in force December 31 1899 2217 4434000 Policies or certificates written during the year 1900 2761 55220 00 Total 4978 99560 00 Deduct number and amount which have ceased to be in force during 19002498 49930 00 Total policies or certificates in force Dec 31 1900 24S0 Losses and claims on policies or certificates incurred during the year 19001154 Losses and claims on policies or certificates paid during the year 19001154 Business in Georgia during 1900 Policies or certificates in force December 31 1899 2217 Policies or certificates writteu during the year 1900 2761 49600 00 2595 25 2595 25 44340 00 55220 00 Total4978 99560 00 Deduct number and amount which have ceased to be in force during 1900 2498 49960 00 Total policies in force December 31 19002480 496JO 00 Losses and claims on policies or certificates incurred during the year 19001154 2595 25 Losses and claims on policies or certificates paid during the year 19001154 2595 25 BUSINESS IN GEORGIA FOR YEAR ENDING APRIL 30 1901 Risks written during the year 74080 00 premiums 10051 35 Losses 2720 00 Tax 100 51 THE HOME FRIENDLY SOCIETY OF MARYLAND Geo A Chase President B L Talley Secretary Principal office 100 W Fayette St Baltimore Md Geo L DeGant 8 Forsyth St Atlanta Attorney for Service of Process in Georgia IBALANCE sheet Amount of net or ledger assets December 31 of previous year 41390 41 II INCOME DURING YEAR 1900 Gross amount paid by members to the Association or its agents without deductions for commissions or other expenses as follows 1 Membership fees 1025 69 3 Assessments 214015 62COMPTROLLERGENERALS REPORT 391 4 For stationery and duplicates 231 50 Total paid by members 215272 81 5 Interest 148 75 6 Rents 3295 30 7 Cash received from all other sources viz Bills payable 2580 00 Total income 221296 86 Total 262687 27 IIIDISBURSEMENTS DURING YEAR 1900 1 Losses and claims 99742 52 2 Annual payments and assessments returned to members 96 25 Total paid to members 99838 77 3 Commissions and fees retained by or paid to agents 59609 24 5 Salaries and traveling expenses of managers of agencies and general special and local agents 19731 00 6 Medical examiners fees whether paid direct by members or otherwise 1705 47 7 Salaries and other compensation of officers and other office employees 16438 77 8 Rent 297200 taxes 198799 4959 99 9 Advanced to officers and agents to be repaid out of future salaries or commissions 338 01 10 Advertising blanks and printing 2015 96 11 All other items viz Attorney fees 17000 interest 6978 postage 33106 1198 86 Expense 186208 war tax SI26118 3123 26 Building expense 2797 14 Total disbursements 211756 47 Balance 50930 SO Invested as follows TVINVESTED ASSETS 1 Cost value of real estate in cash exclusive of all incumbrances 29923 89 5 Cost value of bonds and stocks owned abso lutely 4761 25 0 Cash in office 2104 16 All other deposits 9141 50 9 All other ledger assets viz Bills receivable 5000 00 Total net or ledger assets less depreciation 50930 80 VCONTINGENT ASSETS 12 Interest due 157 50 13 Rents due and accrued 522 00 14 Market value of real estate over cost 14486 11 15 Market value of bonds and stocks over cost 278 75392 COMPTROLLERGENERALS REPORT 17 Mortuary assessments due and unpaid on memberships in force 4822 79 21 22 23 Total due from members Deduct estimated cost of collection Net amount due from members 4822 79 723 42 4099 37 Total assets VIIrABILITIKS 1 Losses due and unpaid Number of claims 2 2 Losses in process of adjustment or adjusted and not due Number of claims 2 7 Borrowed money 70474 53 3000 00 1000 00 5130 00 Total liabilities 9130 00 VIIEXHIBIT OF CERTIFICATES OR POLICIESNUMBBR AND AMOUNT Total Business of 1900 No Amount Policies or certificates in force December 31 1900 44013 3206300 00 Policies or certificates written during the year 1900 32581 2280670 00 Total 7H594 5486970 00 Deduct number and amount which have ceased to be in force during 1900 22818 1600950 00 Total policies or certificates in force December 31 1900 Losses and claims on policies or certificates unpaid De cember 31 1900 Losses and claims on policies or certificates incurred during the year 1900 14600 55776 38S6020 00 1 l0CO 00 102742 52 Total 14601 Losses and claims on policies or certificates paid dar ing the year 1900 14597 Business in Georgia During 1900 Policies or certificates in force December 31 1900 Policies or certificates written during the year 1900 Total 3949 Deduct number and amount which have ceased to be in force during 1900 810 No 1963 1286 103742 52 99742 52 Amount 137410 00 90020 00 227430 00 56700 00 Total policies in force December 31 1900 2439 Losses and claims on policies or certificates incurred during the year 1900 1075 170730 00 3528 71 T tal 1075 Losses and claims on policies or certificates paid dur ing the year 1900 1075 3528 71 3528 71 BUSINESS IN GEORGIA FOR YEAR ENDING APRIL 30 1901 Risks written during the year 131 500 00 9867 15 3791 08 98 67 Premiums Losses TaxCOMPTROLLERGENERALS REPORT 393 INDUSTRIAL AID ASSOCIATION OF ATLANTA GA J N McEachern President I M Sheffield Secretary Principal office 503 504 505 506 Austell Building Atlanta Ga McElwreath McElwreath Attorneys for Service of Process in Gsorgia 717 Temple Court IBALANCE SHEET Amount of net ledger assets December 3lst of previous year 9645 46 IIINCOME DURING YEAR 1900 Gross amount paid by members to the Association or its agents without deductions for commissions or other expenses as follows 1 Membership fees 3156 80 2 Annual dues 123095 55 Total paid by members 126 252 35 7 Cash received from all other sources viz Interest 405 85 Total 126658 20 Total income 126658 20 Total 136303 66 IIIDISBURSEMENTS DURING YEAR 1900 1 Losses and claims Deaths 352 472000 in demnity 13614 2984240 34568 40 2 Annual payments and assessments returned to members 510 00 Total paid to members 35078 40 3 Commissions and fees retained by or paid to agents 51281 10 4 Commissions and fees retained by orpaid to officers and directors 123C9 55 5 Salaries and traveling expenses of managers of agencies and general special and local agents 2429 00 5 Medical examiners fees whether paid direct by members or otherwise 1385 00 7 Salaries and other compensation of officers and other office employees 6755 80 8 Rent 244280 taxes 3128000 3722 80 9 Advanced t officers and agents to be repaid out of future salaries or commissions 3180 00 10 Advertising 75000 blanks and printing 121075 L960 75 11 All other items viz Office furniture and sup plies 242100 postage express and tele grams 159750 attorneys fees 50900 for394 COMPTROLLERGENERALS REPORT debit of United States Benevolent Associa tion 100000 internal revenue 142000 total 5947 50 Total expenses footings of items 3 to 11 8897150 Total disbursements 124 049 90 Balance 12253 76 IVINVESTED ASSETS 2 Loans on bond and mortgage first liens on real estate 5500 00 6 Cash in office 3753 00 All other deposits Third National Bank Atlanta Ga 218076 Georgia Railroad Bank Augusta Ga 82000 3000 76 8 Agents ledger balances 1280 50 10 Total net or ledger assets as per balance on page 1 1225376 Total net or ledger assets less depreciation 13534 26 VCONTINGENT AS3ETS 19 Annual payments or premiums due and unpaid on memberships in force 1280 50 20 Annual payments or premiums in process of collecti n not yet due 63387 20 21 Total due from members 64667 70 22 Deduct estimated cost of collection 20 percent 12933 54 23 Net amount due from members 5173116 51734 16 24 All other assets viz Office furniture 370000 blank books 189000 total 5590 oo Total assets 70 859 4 VILIABILITIES 8 To officers or others for advances on account of expenses of organization 800 00 Total liabilities 800 00 VIIEXHIBIT OP CERTIFICATES OR POLICIES Total Business for 1HO0 No Amount Policies or certificates in force December 31 189 24S25 620625 00 Policies or certificates written during the year 1900 20171 Total 44995 1024045 00 Deduct number and amount waich have ceased to be in force during 1900 W06 Total policies or certificates in force December 31 1900 28090 561800 00 COMPTROLLERGENERALS REPORT 395 Losses and claims on policies or certificates incurred during the year 1900 352 Total 352 Losses and claims on policies or certificates paid during the year 1900 352 Business in Georgia During the Year 1900 No Policies or certificates in force Dacembsr 31 1899 24825 Policies or certificates written during the year 1900 18622 Total 43447 993065 00 Deduct number and amount which have ceased to be in force during 1900 16534 4726 00 4726 00 Amount 620625 00 Total policies in force December 31 1900 26912 Losses and claims on policies or certificates incurred during the year 1900 350 Total 350 Losses and claims on policies or certificates paid during the year 1900 350 538240 00 4720 00 4720 00 BUSINESS IN GEORGIA FOR TEAR ENDING APRIL 30 1901 Risks written during the year 498320 00 Premiums 122466 45 Losses Tax 1224 66 MUTUAL BENEVOLENT ASSOCIATION OF GEORGIA Shepard Bryan President W H Patrick Secretary Principal office Prudential Building Atlanta Ga BUSINESS IN GEORGIA FOR YEAR ENDING APRIL 30 1901 Risks written during the year Premiums Losses Tax 131729 50 1696 00 16 96 MUTUAL AID ASSOCIATION OF GEORGIA W P Hixson President Ciias C Needhaji Secretary Principal office 211 and 212 Montgomery Building Augusta Ga Bryson Crane Leonard Building Alt ruey for Service of Process in Georgia IIINCOME DURING YEAR 19C0 Gross amount paid by members to the associ ation or its agents without deductions for commissions or other expenses as follows 1 Membership fees 311 30396 COMPTROLLERGENERALS REPORT 2 Annual dues 121 IS Total paid by members 432 45 7 Cash received from all otlvr sourcesviz from incorporators on account of organiz vtion 2000 00 Total income 2432 45 III DISBURSEMENTS DURIXG YEAR 1900 1 Losses and claim weekly indemnity No of claims 15 20 00 2 Annual payments and assessments returned to members 00 Total paid to members 20 60 3 Commissions and fees retained by or paid to agents 756 00 7 Salaries and other compensation of officers and other office employees 308 00 8 Rent 6000 taxes 578 65 78 9 Advertising blanks and printing 56 10 11 All other items viz charter and license 143 00 Total expenses footings of items 3 to 11 138888 Total dishursements 409 48 Balance Invested as follows IVINVESTED ASSETS Balance cash and unused subscription of incorporators 022 97 8 Agents ledger balances 11 90 Total net or ledger assets les3 depreciation 1034 87 VCONTINGENT ASSETS 19 Annual payments or premiums due and un paid on memberships in force 10 00 20 Annual payments or premiums in process of collection not yet due 2161 20 L Total due from members 2263 20 2 Deduct estimated cost of collection 452 64 3 Net amount due from members 4 All other assets viz office furniture 3500 stationery 5000 Total assets VILIABILITIES 6 For salaries rents and office expenses otal liabilities 4 32 1022 97 1810 56 85 00 2930 43 4 32COMPTROLLERGENERALS REPORT 397 VII EXHIBIT OF CERTIFICATES OR POLICIESNUMBER AND AMOUNT Of 1900 Amount 3508 00 Policies or certificates written duriDg the year 1900 Total Business of 1900 No 169 Total 169 54 Deduct number and amount which have ceased to be in force during 1900 Total policies or certificates in force Decem ber 31 1900 115 Losses and claims on policies or certificates in curred during the year 1900 15 Total 15 Losses and claims on policies or certificates paid during the year 1900 15 Business in Georgia During the Year 1900 Policies or certificates written during the year 1900 169 Total 169 Deduct number and amount which have ceased to be in force during 1900 54 Total policies in force December 31 1900 115 Losses and claims on policies or certificates in curred during the year 1900 15 Total 15 3508 00 1060 CO 2448 00 20 00 20 00 20 00 3508 00 3508 00 1060 00 2448 00 20 00 Losses and claims on policies or certificates paid during the year 1900 lo BUSINESS IN GEORGIA FOR YEAR ENDING APRIL 30 1901 Risks written during the year Premiums Losses Tax 20 00 20 00 6258 00 937 75 164 50 9 38 NATIONAL BENEFIT SOCIETY r Mf E P Burns Secretary Clark Ho well 1 resident Principal Office 409 Austell Building Atlanta Ga II INCOME DURING YEAR 1900 Gross amount paid by members to the Association or its agents without deductions for commissions or other expenses as follows 1 Membership fees t lot 50 2 Annual dues Total paid by members i022 50 Total income 1022 50398 COMPTROLLERGENERALS REPORT III DISBURSEMENTS DURING YEAR 1900 1 Losses and claims 13 00 Total paid to members 13 00 3 Commissions and fee retained by or paid to aKents 318 85 6 Medical examinersfees whether paid direct by members or otherwise 160 00 7 Salaries and other compensation of officers and other office employees 103 00 8 Rent 42 00 9 Advanced to officers and agents to be repaid out of future salaries or commissions 133 92 10 Advertising 25 blanks and printing 11025 135 25 Total disbursements 912 o Balance 0048 IVINVESTED ASSETS 7 Cash deposited in bank on reserved fund ac count 100 48 10 Total net or ledger asssetsT77T777777 100 48 V CONTINGENT ASSETS 19 Annual payments or premiums due and un paid on memberships in force 445 50 20 Annual payments or premiums in process of collection not yet due 4 770 75 21 Total due from members 5 211 25 22 Deduct estimated cost of collection 20 per cent 1042 25 23 Net amount due from members 4 169 00 Total assets T26948 VILIABILITIES 8 To officers or others for advances on account of expenses of organization 503 00 Total liabilities VII EXHIBIT OP CERTIFICATES OR POLICIESNUMBER AND AMOUNT Total Business of 1000 ri No Amount Policies or certificates written during the year 1900 Deduct number and amount which have ceased to be in force during 1900 68 12 760 Total policies or certificates in force December 31 1900 417 82405 COMPTROLLERGENERALS REPORT Losses and claims on policies or certificates in curred during the year 1900 Total Losses and claims on policies or certificates paid during the year 1900 Business in Georgia During 1900 Policies or certificates written during the year 1900 Deduct number and amount which have ceased to be in force during 1900 Total policies in force December 31 1900 Losses and claims on policies or certificates incurred during the year 1900 Losses and claims on policies or certificates paid during the year 1900 399 13 13 13 485 95165 68 12760 417 82405 3 13 13 PROVIDENT LIFE AND ANNUITY COMPANY E Packham Jr President Edwin Gott Secretary Principal office Baltimore City 1506 Continental Trust Building Radfoed T Hitch Atlanta Attorney for Service of Process in Georgia IBALANCE SHEET Amount of net or ledger assets September 16 1901 21642 28 IIIMCOMR DURING YEAR 1900 Gross amount paid by members to the Association or its agents without deductions for commissions or other expenses as follows 1 Membership fees represented by applica tions 7722 84 Total paid by members 7722 84 7 Cash received from all other sources viz from directors 9542 50 Bonds deposited with insurance commis sioner of Maryland 11900 00 Total 29156 34 IIIDISBURSEMENTS DURING YEAR 1900 3 Commissions and fees retained by or paid to agents 3861 42 5 Salaries and traveling expenses of managers of agencies and general special and local agents 677 20 6 Medical examiners fees whether paid direct by members or otherwise 102 00 7 Salaries and other compensation of officers and other office employees i 982 30400 COMPTROLLERGENERALS REPORT 8 Rent 9 Advanced to officers and agents to be repaid out of future salaries or commissions 10 Blanks and printing 11 All other items viz furniture 40000 legal expenses 7500 Stamps postage and revenue papers and office incidentals Total Balance Invested as follows IVINVESTED ASSETS 5 Cost value of bonds and stocks owned abso lutely 7 Cash deposited in bank American Savings Bank Washington D C 8 Agents ledger balances 9 All other ledger assets viz furniture Total CONTINGENT ASSETS Total assets VILIABILITIES 6 Salaries rents and office expenses Total liabilities 333 35 4604 27 350 00 475 00 141 79 11900 00 5000 00 4004 27 400 00 12527 33 16638 01 21904 27 21904 27 261 99 261 99 VIIEXHIBIT OF CERTIFICATES OR OLICIESNUMBER AND AMOUNT Total Business of 1901 No Amount Policies or certificates in force September 16 1901 70 42000 00 Total policies in force September 16 1901 70 42000 UO STATE MUTUAL LIFE AND ANNUITY ASSOCIATION Thompson Hiies President E T McGiiee Secretary Principal Office 225 Broad Street Rome Ga Dean Dean Broad St Rome Ga Attorney for Service of Process in Georgia I BALANCE SHEET Amount of net or ledger assets December 31st of previous year 60609 08 IIINCOME DURING YEAR 1900 Gross amount paid by members to the Association or its agents without de ductions for commissions or other expenses as follows 1 First premiums 78 21 06 3 Renewal premiums 16396 68 Total paid by members 94 7 74COMPTROLLERGENERALS REPORT 401 5 Interest 463 13 Total income 95150 87 Total 155759 95 IIIDISBURSEMENTS DURING THE YEAR 1900 1 Losses and claims 1050 00 2 Annual payments and assessments returned to members 118 80 Total paid to members 1168 80 3 Commissions and fees retained by or paid to agents 45312 90 5 Salaries and traveling expenses of managers of agencies and general special and local agents 2338 45 6 Medical examiners fees whether paid direct by members or otherwise 3838 27 7 Salaries and other compensation of officers and other office employees 4 221 33 8 Rents 78575 taxes 64549 1431 24 9 Advanced to officers and agents to be repaid out of future salaries or commissions 1220 46 10 Advertising 30856 blanks and printing 119130 1499 86 11 All other items viz Licenses and fees 32765 stamps 76802 Office expenses 22293 legal fees 11252 Exchange and discount Total expenses footings of items 3 to II 61305 35 1095 67 335 45 11 72 Total disbursements 62474 15 Balance Invested as follows IVINVESTED ASSETS 1 Cost value of real estate in cash exclusive of all incumbrances 14g 37 5 Cost value of bonds and stocks owned absolutely 10600 00 6 Cash in office and bank 14 78183 7 Cash deposited in banks on reserved fund account In Exchange Bank of Rome Ga on reserve fund account 25000 00 In First National Bank of Rome Ga on re serve fund account 25 000 00 8 Agents ledger balances debit 1278370 less credit balances 103 70 12680 00 0 All other ledger assets viz Bills receivable 471530 office furniture 53334 5248 64 Total 93456 84 Ledger liabilitiesMedical director credit balance 171 04 Total net or ledger assets less depreciation 15 Market value of bonds and stocks over cost 26 eg 93285 80 93285 80 300 00402 COMPTROLLERGENERALS REPORT 19 Annual payments or premiums due and unpaid on memberships in force less than three months overdue 1199 16 20 Annual payments or premiums in process of col lection not yet due deferred premiums 5955 72 21 Total due from members 7154 88 22 Deduct estimated cost of collection 5 per cent 357 74 23 Net amount due from members 6797 14 Total assets 100382 94 VI LIABILITIES 2 Losses in process of adjustment and not due Number of claims 1 1785 60 4 Losses resisted by the company Number of claims 1 600 00 6 National State or other taxes due io 00 9 Amount of all other liabilities viz On reserve fund account 50000 00 Total liabilities 52395 60 Surplus over all liabilities 47987 34 VIIEXHIBIT OF CERTIFICATES OK POLICIESNUMBER AND AMOUNT Total Business of 1900 No Amount Policies or certificates in force December 31 1899 390 1139000 00 Policies or certificates written and revived during the year 1900 985 2613500 00 Total 1375 3752500 00 Deduct number and amount which have ceased to be in force during 1900 122 32800 00 Total policies or certificates in force December 311900 1253 3524500 01 Losses and claims on policies or certificates incurred during the year 1900 annuities 5 600 00 Total annuities 5 600 00 Losses and claims on policies or certificates paid during the year 1900 o 1168 80 Business in Georgia During 1900 No Amount Policies or certificates in force December 31 1899 390 1139000 00 Policies or certificates written and revived during the year 1900 860 2276500 00 Total 1250 3415500 00 Deduct number and amount which have ceased to be in force during 1900 121 327000 00 Total policies in force December 31 1900 1129 3088500 00 Losses and claims on policies or certificates incurred during the year 1900 annuities 5 600 00 Total annuities 5 6C0 0COMPTROLLERGENERALS REPORT 403 Losses and claims on policies or certificates paid during the year 1900 0 1168 80 BUSINESS IN GEORGIA FOR YEAR ENDING APRIL 3 1901 Risks written during the year 1147000 00 Premiums 67527 29 Losses 3485 60 Tax 675 27 ETNA LIFE INSURANCE COMPANY OF HARTFORD CONN M G Bulkeley President J L English Secretary Home Office 650 Main Street Hartford Conn John M Green Atlanta Ga Attorney for Service in Georgia ICAPITAL STOCK 1 Amount of capital stock au thorized 200000000 sub scribed for1750000 00 2 Amount of capital paid up in cash 1750000 00 Amount of net ledger assets December 31 of previous year50184732 07 Extended at50184732 70 IIINCOME DURING YEAR As Shown by the Books at Home Office at Close of Business December 31 1900 Accident Entire premiums collected dur ing the year1072446 07 Deduct reinsurance and return premiums 24762 35 Net cash actually received for premiums carried out1047683 72 Rents from companys property including 1300000 for companys use of own build ing Interest on loans on mortgages of real es tate Interest on collateral loans including pre mium notes loans or liens Interest on bonds and dividends on stocks Interest upon other debts due the company and on deposits in bank Discount on claims paid in advance Health 59641 26 916 45 58724 81 1106408 53 36097 33 1235860 08 180671 30 833182 44 55111 81 1447 11 9 Total rents and interest 2342370 07 Profit on sale of real estate 11050 50 3459829 10404 COMPTROLLERGENERALS REPORT Premium income life business 7151216 06 Total income during the year 10611045 16 Sum of both amounts 60 795 777 23 HIDISBURSEMENTS DURING YEAR An Shown by the Books at Home Office at Close of Business December SI 1900 Accident 1 Gross amount paid for claims excepting specific and weekly indemnity 125804 48 2 Gross amount paid for weekly or other specific indemnity 307491 99 Total 433296 47 o Deduct reinsurance 2012 85 Health 22288 27 22288 27 Net paid policyholders car ried out 431283 62 4 Stockholders for interest or dividends amount declared during the year 43 75000 5 Commissions or brokerage to agents less received on reinsurance 309 949 45 6 Salaries traveling and all expenses of agents and agencies not on commission account it 7 Medical examiners fees and salaries 8 Salaries and all other compensation of of ficers and home office employees 9 Taxes on premiums 1529722 insurance department fees and agents licenses 2 06900 municipal licenses 125170 rev enue 695598 10 Rent 11 Legal and loss expenses 12 Furniture and fixtures 135587 advertis ing 303684 printing and stationery 19 85799 14 All other disbursements Postage 10 84255 express 309969 expense 3 22796 profit and loss agents balances 35965 17529 85 22288 27 453571 89 43750 00 19759 92 6039 60 31416 03 25573 90 11082 34 5290 90 24250 70 Total miscellaneous expenses 554 642 69 Total disbursements accident busness 1008214 58 Total disbursements life business 6924869 52 Total disbursements 7 933084 10 Balance 52862693 13COMPTROLLERGENERALS REPORT 405 IVLEDGER ASSETS Is Per Ledger Accounts Shown by the Boks at Home OJice at Close of Business December 31 1900 1 Book value of real estate unincumbered 469086 71 2 Mortgage loans on real estate first liens 24107274 86 3 Loans secure I by pledge of bonds stocks or other collaterals 91830S 67 4 Book value of bonds excluding interest 1429811956 and stocks 333449672 17632616 28 5 Cash in companys office 7162007 de posited in banks 725218682 7323806 89 6 Bills receivable 4331663 agents debit balances 33316 66 76633 31 7 All other items viz Loans made to policyholders on this companys policies assigned as collateral 1904942 00 Premium notes or liens on policies in force of which f707609 is for first years pre miums 461213 15 Total 52893881 87 Deduct Ledger Liabilities 8 Agents credit balances 2790757 all other 328117 31188 74 Total net ledger assets 52862693 13 NONLEDGER ASSETS 9 Interest due 5263109 and accrued 393 28557 on mortgages 445886 66 10 Interest due 1953730 and accrued 105 06284 on bonds and stocks 124600 14 11 Interest accrued on collateral loans 3917 94 12 Interest accrued on other assets 200 18 interest due 23899812 on premium notes loans or liens less 4771643 estimated amount collected in 1900 in advance 191281 69 13 Rents due 20125 and accrued 220574 on companys property or lease 2406 99 14 Total outstanding interest and rents 768293 60 16 Market value of bonds and stocks over book value not including interest in item 10 1854517 63 17 Gross premiums in course of collection to wit Net amount of uncollected and deferred premiums 655847 53 Gross assets 56141351 89 Deduct Assets Not Admitted 1 Commissions payable to agents on premium notes when paid 2197 63400 COMPTROLLERGENERALS REPORT 2 Agents debit balances unsecured 20 45536 bills receivable unsecured 26 35922 3 Premium notes loans or liens and pre miums in item 17 in excess of reserves on policies 46814 58 253 67 Total 49205 88 Total admitted assets 56092086 01 VNONLEDGER LIABILITIES In process of adjustment Accident 33773 43 Health 894 28 Known or Resisted by Company estimated on its own account proofs not filed not outlawed 10000 00 60227 14 Total gross amount o f claims 30667 71 10000 00 60227 14 10000 00 3 Net amnts of unpaid claim account 36667 71 Aggregate of unpaid claims and expenses 4 Gross premiums upon all unex pired risks running one year or less from date of policy Accident premiums 684 59737 unearned portion 50 per cent342298 68 Health premiums 5602103 unearned portion 50 per cent 28010 82 Deduct reserve on risks reinsured in other companies 60227 14 370309 50 2016 78 Total one year or less 368292 72 Gross premiums upon all unex pired risks running more than one year from date of policy Accident premiums 0799 53 unearned premium by spe cial tables 90938 00 Total more than one year 20938 00 Total unearned premiums and reserve as com puted above carried out 8 Salaries rents expenses taxes bills accounts fees etc due or accrued accident department 106894 85 889230 72 1000 00 Total liabilities accident business 497125 57COMPTROLLERGENERALS REPORT 407 Total liabilities life business 50529751 04 Total liabilities 51026876 61 12 Joint stock capital paid up in cash 1750000 00 13 Surplus beyond capital and other liabilities 3315209 40 5065209 40 Total 56092086 01 IGENERAL INTERROGATORIES Accident and Health Business 1 Losses incurred during the year 532983 20 Business in the State of Georgia During the Year Risks Premiums Losses Losses Amount at Risk Written Received Paid Incurred End of Year Accident 9301000 00 30643 84 17888 93 18416 78 4680800 00 Health 2529 50 1020 72 1020 72 Aggregate 9301000 00 33173 34 18909 65 19437 50 4680800 00 AMERICAN CREDITINDEMNITY COMPANY OF NEW YORK S M Phelan President E M Treat Secretary Principal Office 309 Broadway Hon W A Wright Attorney for Service in Georgia 1 Whole amount of capital stock 2 Amount paid up in cash II ASSETS 200000 00 200000 00 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 4294 89 4 3 Cash belonging to the company deposited in bank American Exchange Bank 13 89466 Merchants Laclede National Bank 46387 Third National Bank 3769464 total 52053 17 Certificate of deposit No 12273 American Exchange Bank 3 128000 00 Total cash items 14 Amount of premium notes upon which policies have been issued 15 Interest due and accrued on stocks not included in mar ket value uncollected 16 Accounts owned purchased on payment of losses 17 Premiums in hands of agents and in course of collection and transmission 321050 00 184348 06 21743 85 500 00 11440 07 43045 00408 COMPTROLLERGENERALS REPORT 18 Bills receivable 432950 4 39 50 Agents balances 979979 furniture and fixtures 6 25846 16058 25 Deductions Bills receivable 432950 agents balances 0U S 979979 furniture and fixtures 625846 20387 75 Total assets of the company actual cash market value 585126 98 IIILIABILITIES 2 Gross losses in process of adjustment or in suspense including all reported and sup posed losses 13 981 43 3 Losses resisted including interest costs and other expenses thereon 5 551 00 4 Total gross amount of claims for losses 19532 43 6 Net amount of unpaid losses 19 532 43 7 Gross premiums without any deduction re ceived and receivable upon all unexpired credit running one year or less from date of Plicy 477023 78 Unearned premiums fifty percent 238511 89 11 Total unearned premiums as computed above carried out 238 511 80 17 Due and accrued for salaries rent advertising and for agency and other miscellaneous expenses commissions 4860 00 Total o6 904 32 20 Total amount of all liabilities except capital stock scrip and net surplus o02 904 30 21 Joint stock capital actually paid up in cash 200000 00 23 Surplus beyond capital and all other liabilities 122222 66 24 Aggregate amount of all liabilities including capital paid upandnet surplus mm 98 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 41050 00 2 Deduct amount of same not collected 27l50 00 3 Net collected 13 900 00 4 Gross premiums on risks written and re newed during the year 482 922 49 5 Total 49b822 49 6 Deduct premiums and bills in course of col lection at this date 43 945 00 7 Entire premiums collected during the year 453777 49 8 Deduct return premiums 357 08 9 Net cash actually received for premiums car ri6d 0Ut 453420 41 453420 4JCOMPTROLLERGENERALS REPORT 409 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 Accounts owned purchased on payment of losses Total 15 Aggregate amount of income actually received during the year in cash V EXPENDITURES DURING THE YEAR Credit 1 Gross amount actually paid for losses 75352 13 3 Net amount paid during the year for losses 75352 13 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 Rent 348507 legal 1533379 advertising 927534 printing and stationery 240061 exchange and discounts S68871 postage 154894 telegraph 71993 traveling ex penses 5660 74 expenses 355380 mercantile agen cies 236700 total Aggregate amount of actual expenditures during the year in cash Business in the State of Georgia During the Year 11227 09 2473 57 467121 07 467121 07 75352 13 18000 00 128023 14 35202 33 11552 94 45033 93 Credit risks written Premiums received gross Losses paid Losses incurred 313164 47 Credit Risks 98500 00 5000 00 1534 50 1534 50 AMERICAN SURETY COMPANY OF NEW YORK H D Lyman President G M Sweney Secretary Principal office 100 Broadway New York ICAPITAL STOCK 2 Amount of capital paid up in cash 2500000 0O Amount of netledgerassets December 31st of previous year4942932 44 Extended at 4942932 44 IIINCOME DURING YEAR As Shown by Books at Home Office December 31st Fidelity Surety 1 Gross premiums unpaid Decem ber 31st last year paid 40161 92 133811 54410 COMPTROLLERGENERALS REPORT 2 Gross premiums written and re newed during year 569149 44 627980 57 Total 60931136 761792 11 3 Deduct gross premiums now in course of collection 42983 11 169743 01 4 Entire premiums collected dur ing the year 566328 25 592019 10 5 Deduct reinsurance abatement rebate and return premiums 48388 12 123022 84 6 Net cash actually received for premiums carried out 517940 13 469026 26 7 Rents from companys property 185657 42 9 Interest on collateral loans 18314 82 10 Interest on bonds and dividends on stocks 49753 27 11 Interest upon other debts due the company and on deposits in bank 10959 33 986936 39 Total interest 264 684 84 12 Profit on sale or maturity of ledger assets during the year over book values 4979 00 14 Income from all other sources viz cash recovered from losses paid in previous years 98439 85 103418 85 Total income during the year 1355070 08 Sum 6298002 52 IIIDISBURSEMENTS DURING YEAR As Shown by Bjoks at Home Office December Slst Fidelity Surety 1 Gross amount paid for claims excepting weekly indemnity 203859 55 420867 12 Total 203859 55 420867 12 3 Deduct reinsurance salvages and recoveries on losses pre viously paid 43080 83 196360 79 Net paid policyholders 160778 72 4 Stockholders for interest or dividends aint declared during the year 200000 0J 5 Cost of adjustment and legal expenses in settlement of claims 6 Commissions or brokerage to agents less received on reinsurance 7 Salaries traveling and all expenses of agents and agencies not on commission account S Inspections 221506 33 200000 00 12873 34 55165 35 184614 09 3933 18 335285 05COMPTROLLERGENERALS REPORT 411 9 Salaries and all other compensation of of ficers 3991060 and home office em ployees 14044653 180363 19 10 Taxes on premiums 1315874 taxes on real estate 4726537 insurance department fees 358319 agents licenses 164950 internal revenue 566729 interest 6 79130 78115 39 11 Rent 35650 37 12 Legal expenses 424019 real estate repairs and expenses other than taxes 73424 51 77664 70 13 Furniture and fixtures 2581 09 advertis ing 388491 printing and stationery 1837510 24841 10 14 Losses on ledger assets actually sold or ma tured under book value Securities 5660 62 15 All other items viz miscellaneous general expenses 36573 30 Total miscellaneous expenses 895454 63 Total disbursements 1280739 68 Balance 5017262 84 IVLEDGER ASSETS As per Ledger Accounts Shown by the Books at Home Office at Close of Business December SI 1 Book value of real estate unincumbered 3028217 16 2 Mortgage loans on real estate first liens 256803 other than first liens 1601573 18583 76 3 Loans secured by pledge of bonds stocks or other collaterals 644211 57 4 Book value of bonds excluding interest 49346035 and stocks 58598750 1079447 85 5 Cash in companys office 418741 deposited in banks 25974296 263930 37 Total 5034390 71 DEDUCT LEDGER LIABILITIES 8 Agents credit balances borrowed money all other 17127 87 Total net ledger assets as per balance 5017262 84 NONLEDGER ASSETS 11 Interest due on bonds and stocks 2815 00 12 Interest accrued on collateral loans 9260 24 14 Rents due 1017317 and accrued 792498 on companys property or lease 18098 15 15 Total outstanding interest 30179 39 17 Market value of bonds and stocks overbook value not in cluding interest in item 11 76989 65412 COMPTROLLERGENERALS REPORT 18 Gross premiums in course of collection towit Not over three Unoaid com Net premiums More than 3 months due missions months due thereon iloi carried in Fidelity 38529 85 2087 12 36442 73 4453 26 Surety 58944 79 2305 92 56638 87 110798 22 97474 64 4393 04 if 93081 60 Total net not over three months due 93081 60 Gross assets 5217513 48 Total admitted assets 5 217 413 43 VNONLEDGER LIABILITIES In process of Resisted by adjustment company on its own acct not outlawed Fidelity 95237 68 20800 34 Surety 175578 15 1 Total gross amount of claims 95237 68 196378 49 3 Net amounts of unpaid claim account 95237 68 196378 49 Aggregate of unpaid claims and expenses 291616 17 4 Gross premiums upon all unexpired risks running one year or less from date of policy Fidelity premiums 50410302 unearned portion 50 per ct 252051 51 Surety premiums 51524084 unearned portion 50 per ct 257620 42 Total one year or less 509071 93 5 Gross premiums upon all unexpired risks running more than one year from date of policy Surety premiums 15275381 unearned premium pro rata 82579 74 Total more than one year 82579 74 6 Total unearned premiums as computed above carried out 592 251 67 Total amount of all liabilit ies 883867 84 12 Jointstock capital actually paid u p in cash 2500000 00 13 Surplus beyond capital and other liabilities 1833645 64 4333645 64 Total 521ol3 48 Business in the State of Georgia During the Year Risks Writ Premiums Losses paid Losses In AmtatRislc ten Received curred End of Year Fidelity 2058100 4694 26 12636 19 1010 350 Surety i618 515 5178 62 5627 83 5627 83 1468201 Aggregate 3676615 9872 88 IS264 02 562783 2478551COMPTROLLERGENERALS REPORT 413 BUSINESS IS GEORGIA FOR YEAR ENDING APRIL 30 1901 Risks during the year 3712193 Co Premiums 9886 28 Losses 16124 62 Tax 98 8ft AMERICAN BOND AND TRUST COMPANY OF BALTIMORE CITY James Bond President Samuel H Shriver SecyTreasr Principal office Equitable Building Baltimore Md Edward M Durant Attorney for Service in Georgia ICAPITAL 1 Whole amount of capital stock 000000 00 2 Amount paid up in cash 1000000 00 ir ASSETS 1 Book 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 121200 interest accrued thereon 168690 total 7 Amount of other loans 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 and bonds and all other securities except mortgages hypothecated to the company as collateral security for cash and amount loaned thereon 12 Cash in companys principal office 15958 01 13 Cish belonging to the company deposited in bank Third National Rank Baltimore Md 1000000 Merchants National Bank Bal timore Md 661485 Howard National Bank Baltimore Md 3150253 Maryland Trust Co Baltimore Md 2000000 total 68147 38 Total cash items 14 Amount of premium notes upon which policies have been issued cash deposit in Tennessee 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 o 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 Accounts receivable secured 12215602 and furniture and fixtures 23464 14 150561 86 2898 90 271785 61 940210 25 1388921 06 84105 39 25000 00 11875 70 2865 98 60073 93 965 00 122157 02 Total 1695964 8414 COMPTROLLERGENERALS REPORT Deduct ledger liabilities 53 932 41 Total assets of the company actual cash market value 1642031 6 IIILIABILITIES 2 Gross losses in process of adjustment or in sus pense including all reported and supposed losses 24803 47 4 Total gross amount of claims for loses 24s037 6 Net amount of unpaid losses 94 803 4 7 Gross premiums without any deduction rec eived and receivable upon all unexpired fire risks running one year or less from date of Plicy 420816 60 Unearned premiums fifty per cent 210408 30 11 Total unearned premiums as computed above carried out 210408 30 19 All other demands against the company absolute and con tingent due and to become due admitted and contested viz Due for company surety 3 143 25 T Total 238355 02 21 Joint stock capital actually paid up iu cash i 000000 00 23 Surplus beyond capital and all other liabilities 403676 65 14 Aggregate amount of all liabilities including capital paid up and net surplus 1G42 ogl y IVINCOME DURING THE YEAB Oa Surety 1 Gross premiums and bills in course of collec tion at close of last previous year as shown by that years statement 54 179 gg 4 Gross premiums on risks written and renewed during the year 450495 68 5 Totalr50467o36 6 Deduct premiums and bills in course of collec tion at this date 73 gog 7 Entire premiums collected during the year 430848 15 8 Deduct reinsurance and return premiums 49338 76 9 Net cash actually received for premiums car rfedont 38M10 9 10 Received for interest on bonds and mortgages 7 701 do 11 Received for interest and dividends on stocks and bonds collateral loans and from all other sources 47 93g 07 12 Income received from all other sources omitting increase if any in value of securities viz Rents drafts on securities sold and investments 2059727 exchange 165 trust income commissions etc 1132344 total 31922 36 15 Aggregate amount of income actually received during the ear hl ca8h 469070 72COMPTROLLERGENERALS REPORT 415 EXPENDITURES DURING THE YEAR On Surety Gross amount actually paid for losses includ ing losses occurring in previous years 173733 78 Deduct amounts actually received for salvages whether on losses of the last or of previous year 9003408 and all amounts actually received for reinsurances in other compa nies total deductions 90034 08 Net amount paid during the year for losses 83699 70 Cash dividends actually paid stockholders amount of stockholders dividends declared during the year 60000 00 Scrip or certificates of profits redeemed in cash and inter est paid to scripholders losses on investments 2643 00 Paid for commissions or brokerage 80560 90 Paid for salaries fees and other charges of officers clerks agents and all other employes 74307 24 Paid for State national and local taxes in this and other States 33947 18 All other payments and expenditurs viz Rent 7292 92 legal expenses 1747342 furniture and fixtures 358934 advertising 1318168 printing and stationery 795458 det and arrest 189816 postage 750952 auditing expense 321704 traveling expense 932 13 develop ment expense 203144 general expense 277341 revenue stamps 300392 telephone and telegraph 423843 insurance 2994 total 75125 93 Aggregate amount of actual expenditures during the year in cash 410283 95 Business in the State of Georgia During the Year Surety Risks Surety risks written 1769322 58 Premiums received gross Losses paid Losses incurred 5943 7L 283 80 283 80 BUSINESS IN GEORGIA FOR YEAR ENDING APRIL 30 1901 Risks written during the yearS 1834079 65 Premiums 7i36 Losses Tax 393 73416 COMPTROLLERGENERALS REPORT BANKERS MUTUAL CASUALTY COMPANY OF IOWA J G Rounds President W E Coffin Secretary Principal office 506512 Observatory Block Des Moines Iowa ICAPITAL STOCK 1 Amount of capital stock paid up in cashMutual Amount of net or ledger assets December 31st of previous year I 9781 72 Extended at 97681 72 IIINCOME DURING YEAR 1900 Burglary 1 Gross premiums unpaid December 31st last year 4835 67 2 Gross premiums on risks written and renewed during the year 94 6i5 07 Total 99450 74 3 Deduct gross premiums in course of collection at 9372 83 90077 91 this date 4 Entire premiums collected during the year 5 Deduct reinsurance abatement rebate and re turn premiums 54969 96 6 Net cash actually received for premiums carried out 35 107 9 16 Income from all other sources viz Advanced by promoters 9887 50 17 Total income actually received during the year in cash 44995 45 Aggregate last balance and income 142 677 17 IIIDISBURSEMENTS DURING THE YEAR Burglary 44756 95 2 Gross amount paid for benefit of policyholders in pursuit of criminals attacking insured banks 5702 51 Total 3 Deduct salvages and reinsurance Net paid policyholders 5 Directors annual meeting 135410 Executive Committee meeting 36757 Traveling and all expenses of directors and others 1 Gross amount paid on losses direct to policy holders 6 50459 46 9395 22 1721 67 41064 24 for company business 1 098 73 8 For salaries and all other compensation of officers 4606 20 and home office employes 573386 9 For taxes on premiums 63084 insurance de partment fees 44565 franchise taxes 5000 10 For rent 742 postage 186255 11 For legal expenses 20 internal revenue 52750 13 For advertising 68827 and general printing and stationery 165229 340 56 10340 06 1126 49 2604 55 547 50COMPTROLLERGENERALS REPORT 417 15 All other expenses Interest 29313 sundry items 92453 1 217 66 Total miscellaneous expenses 20 997 22 16 Total disbursements 69061 46 80615 71 Balance 80615 71 IVASSETS AS PER LEDGER ACCOUNTS 6 Cash deposited in banks 4 791 50 7 Bills receivable being premium notes 75824 21 11 Total net or ledger assetsTTTTT OTHER ASSETS 20 Gross premiums in course of collection towit 22 Burglary premiums 9 372 83 29 Net amount of outstanding premiums 9 372 83 30 Total assets as per the books of the company 89988 54 LIABILITIES Burglary 1 Totalgrossamountofclaims 2 Deduct reinsurance thereon Total Claims adjusted not piid 764 53 764 53 In process Resisted by of adjust Company on its ownacct ment 225 00 225 00 2400 00 2400 00 2400 00 764 53 225 00 3 Net amounts of unpaid claim account Aggregate of unpaid claims 4 Gross premiums upon all unexpiredrisks running one year more or less from date of policy bur glary premium 127511 40 unearned portion 50 percent 63 755 989 53 63755 70 1255 59 Total one year more or less 63755 70 G Total unearned premiums as conputed above carried out H Due and accrued for salaries rent advertising agency and other expenses 10 Due to other companies for reinsurance 51s All other indebtedness Advanced by promoters 12887 50 Total amount of all liabilities except capital stock 84026 79 11 Joint stock capital actually paid up in cashMutual 12 Surplus beyond capital and all other liabilities 5 961 75 13 Aggregate amount of all liabilities including paidup capital stock and net surplus 89 988 54 Business in the State of Georgia during the Year 1900 BurglaryRisks written 52500 Q0 Premiums received 9J4 9 145500 00 27eg418 COMPTROLLERGENERALS REPORT BUSINESS IN GEORGIA FOR YEAR ENDING APRIL 30 1901 Risks written during the year 21000 00 Premiums 135 69 Losses Tax 1 3 THE CITY TRUST SAFE DEPOSIT AND SURETY COMPANY OF PHILADELPHIA PA Chas M Swain President James P Lynd Secretary Home office 927 and 929 Chestnut St Pniladelphia Pa ICAPITAL STOCK 1 Amount of capital stock au thorized 50000000 sub scribed for 500000 00 2 Amount of capital paid up in cash 500000 00 Amount of net ledger assets December 31 of previous year 2844414 08 Increase in deposit during 1900 316613 01 Extendedat 3161027 09 IIINCOME DURING YEAR As Shown by Books at Home Office December 31 Fidelity and Surety 1 Gross premiums unpaid December 31 last year paid 20541 71 2 Gross premiums written and renewed during year 248276 18 Total 26881789 3 Deduct gross premiums now in course of collection160148 4 Entire premiums collected during the year 252803 71 5 Deduct reinsurance abatement rebate and return premiums 30196 33 6 Net cash actually received for premiums carried out 222607 38 7 Rents from companys property 13593 45 8 Interest on loans on mortgages of real estate 5590 48 9 Interest on collateral loans 67660 7o 10 Interest on bonds and dividends on stocks 18379 83 11 Interest upon other debts due the company and on deposits in bank 795 39 Total interest7 113109 90COMPTROLLERGENERALS REPORT 419 14 Income from all other sources viz Safe deposit boxes 329525 commission 201163 registry f223236 7539 24 Return of war tax on undivided profits 1898 348 00 7 887 24 Total income during the year 343 694 52 Sum 3504721 61 IIIDISBURSEMENTS DURING YEAR As Shown by Books at Home Office December si Fidelity and Surety 1 Gross amount paid for claims surety losses 5S936 84 D J Ttal 58936 84 d Deduct reinsurances salvages and recoveries on losses previously paid ig 355 53 Net paid policyholders 42i581 21 42 gl 2 4 Stockholders for interest or dividends amount declared during the year 3003000 30i03000 5 Commissions or brokerage to agents less re ceived on reinsurance 19 236 78 6 Salaries traveling and all expenses of agents and agencies not on commission account 58857 82 7 Interest paid depositors 43848 93 8 Salaries and all other compensation of offi cers 1700000 and home office employees q T4t72151 617251 J laxeS on premiums 287549 taxes on prop erty 520793 insurance department fees and agents licenses 174171 municipal licences 74833 tax on franchise 347934 revenue tax 261798 16730 78 11 Legal expenses 506816 real estate repairs and general expenses other than taxes 1837899 23447 15 12 Advertising 188539 printing and sta tionery 408558 5 970 97 13 Losses on ledger assets actually sold or ma tured under book value 15000 depre ciation in bonds and stocks 942725 9577 25 14 All other items viz Profit and loss uS4 24 Total miscellaneous expenses 270 005 43 Total disbursements 312586 ill Balance 319243477420 COMPTROLLERGENERALS REPORT IVLEDGER ASSETS As per Ledger Accounts Shown by the Books at Home Office at Close o f Business December 31 1 Book value of real estate unincumbered 5773558 incumbered 148387038 less ground rent 400000 537006 96 2 Mortgage loans on real estate first liens 69700 00 3 Loans secured by pledge of bonds stoeks or other collaterals 1329597 24 4 Book value of bonds excluding interest 33817550 and stocks 9630000 434475 50 5 Cash in companys office 11131680 de posited in banks Chestnut Street National Bank Philadelphia57009 Independence Nat Bank Phila 8870064 Mechanics Nat Bank Phila 832983 Merchants Nat Bank Phila 9576995 Corn Exch j Nat Bank Phila 6756609 Third Nat Bank Phila 8970797 Bank of North America Phila 505886 Union Nat Bank Phila2321714 Bank of Northern Liberties Phila 3802795 Seventh Nat Bank N Y 1570166 Third Nat Bank Boston167915 Mass Nat Bank Boston 519817 Metropolitan Nat BankChicago 754142 MerchantsLaclede Nat Bank St Louis 967624 Pacific Nat Bank Tacoma 183794 Union Nat BankPhila 10000 Corn Exch Nat Bank Phila 25000 Merchants at Bank 15000 Third Nat Bank 25000 Independence NatBank25000 55858310 669899 90 6 Due from ledger account secured by mort gages real estate and cash 188333 77 Return premiums on i 6500000 fire insur ance policies 625500 furniture and fix tures 678168 overdrafts 849213121 60 Total 319213497 Total net ledger assets 3192134 9 10 Interest due and accrued 160800 on mortgages 00 11 Interest due 92475 and accrued 662025 on bonds and stocks 6545 00 12 Interestdue 707500 and accrued 762500 on collateral loans 1470 13 Interest due and accrued 4109000 on other assets 00 5 Total outstanding interest 2343 00COMPTROLLERGENERALS REPORT 421 15j Due from other companies for reinsurance on losses paid 2922 27 16 Market appraised value of real estate over book value 120093 01 17 Market value of bonds and stocks over book value not including interest in item 11 3315 00 17 Revenue stamps 750 00 18 Gross premiums in course of collection to wit Due for renewals less commissions and reinsurance not over three months due 2648 37 Not over Unpaid More than three three commisions months due months due thereon Net premiums not carried in Fidelity and surety 9914 62 584 27 9330 35 6099 56 Total net not over three months due 9330 35 Gross assets 3355137 00 DEDUCT ASSETS NOT ADMITTD 2 Furniture fixtures and safes 6781 68 Total 6781 68 Total admitted assets 3348355 32 VNONLEDGER LIABILITIES Eesisted oy Known or Company Claims In process Estimated on its own adjusted of adjust Proofs account Not and not paid ment not filed outlawed Fidelity and surety 250 00 357116 4505 03 71995 31 1 Total gross amount of claims 250 00 3571 16 4505 03 71995 31 2 Deduct reinsur ance due and ac crued 17795 60 3 Net amount of unpaid claim ac count 250 00 357116 4505 03 54199 71 Aggregate of unpaid claims and expenses 62525 90 4 Gross premiums upon all unexpired risks run ning one year or less from date of policy Fi delity and surety premiums 23540004 un earned portion 0 per cent 117700 02 5 Gross premiums upon all unexpired risks run ning more than one year from date of policy Fidelity and surety premiums 1859806 un earned premiums pro rata 12124 87 6 Total unearned premiums as computed above car ried out 129824 8S422 COMPTKOLLERGENERALS REPORT 8 Expenses taxes bills accounts fees etc due or accrued 10 for reinsurance on premiums uncollected 11 All other liabilities viz Due depositors 238362997 interest accrued thereon 11075 2391704 97 Total amount of all liabilities 2588081 7 12 Joinfstock capital actually paid up in cash 500000 00 13 Surplus beyond capital and other liabilities 260273 56 760273 56 Total 3348355 32 Business in the State of Georgia During the Year 1000 00 26 00 Risks Written Fidelity205200 00 Surety184494 52 Premiums Received 985 00 732 86 Losses Amount at Risk Losses paid Incurred En I of Year Aggregate389694 52 1717 86 228 12 228 12 228 12 207200 00 198794 52 228 12 405994 52 BUSINESS IN GEORGIA FOB YEAR ENDING APRIL 30 1901 Risks written during the year 454154 02 1890 87 902 50 18 91 Premiums Losses Tax UNITED STATES BRANCH OF THE EMPLOYERS LIABILITY ASSURANCE CORPORATION LIMITED Lord Claud Hamilton Chairman S Stanley Brown Esq Secretary Samuel Appleton Walter Tracy Dana Managers and Attorneys United States Branch Principal office U S Branch 71 Kilby street Boston Mass 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 or ledger assets December 31 of previous year 040056 43 Extended at 104005613 ITINCOME DURING THE YEAR 1900 Accident Health Employers Fidelity Liability 1 Gross premiums unpaid Dec 31 last year 3068931 220 91230 202904 2 Gross premiums on risks writ ten and re newed during the year 17527149 607925 142888482 2694998 Total20596080 607925 164979712 2899702COMPTROLLERGENERALS REPORT 423 3 Deduct gross premiums in course of col lection at this date 3190286 204967 26840184 326622 4 Entire premiums collected dur ing the year 17405794 402958 138139528 2571280 5 Deduct reinsur ance abate ment rabate and return premiums 2646061 53593 16090475 364696 6 Net cash actual ly received for premiums carried out 14759733 349365 122049053 2206584 1393647 35 9 Interest and dividends on stocks and bonds in cluding appreciation 1525883 5250391 Total interest 52503 91 16 Income from all other sources viz Received from home office 42202 36 42202 36 17 Total income actually received during the year in cash 1488353 62 Aggregate last balance and income 2528410 05 IIIDISBURSEMENTS DURING YEAR Accident Health Employers Fidelity Liability 1 Gross amount paid for matured claims other than weekly in demnity ll12i34 51983254 878748 2 Gross amount paid for weekly or other periodical indemnity 5047294 20857 Total 6159928 20857 51983254 878748 3 Deduct salvages and reinsurances 326179 Net paid policy holders 6159928 20857 51657075 878748 3 To cost of adjustment and legal expenses in settlement of claims 128060 10 5 Commissions to agents 333126 44 6 Salaries traveling and all expenses of agents and agencies not on commission ac count 9251 29 7 Medical inspections 19260 80 587166 08 715226 18424 COMPTROLLERGENERALS REPORT 8 Salaries and all other compensation of offi cers 1231010 home office employees 2103313 9 Taxes on premiums 2442501 insurance dept fees 635392 agents licences 96140 municipal licenses 173563 war revenue 801087 10 Rent rates etc 11 Legal expenses 12 Furniture and fixtures 13 Advertising 640113 general printing and stationery 1483656 15 All other expenses 33343 23 404S6 85 21893 62 5177 63 1714 42 21237 69 11159 L6 16 Total miscellaneous expenses Total disbursements 496651 1211877 Balance L3li532 i IVASSETS AS PER LEDGER ACCOUNTS 4 Cost value of bonds and stocks owned abso lutely1252862 80 5 Cash in companys office goo 00 6 Cash deposited in Massachusets National Bank Boston 459 go 9 All other items viz Cash deposited with trustees with Kidder Peabody and Co 32419 02 Market value of bonds and stocks over cost 28990 95 Total 1316532 6 11 Total net or ledger assets as per balance 131653 OTHER ASSETS 13 Interest due and accrued on bonds and stocks 10134 58 17 Total outstanding interest 19 Market value of bonds and stocks over cost Added above 2899095 20 Gross premiums in course of collection not more than three months due to wit 6 10134 5ft 21 Accident 22 Health 23 Employers liability 24 Fidelity Premiums 30408 11 2024 67 257284 90 3019 22 292736 90 Unpaid commission thereon 8852 68 675 78 57872 72 619 36 Net 21555 43 1348 89 199412 18 2399 86 68020 54 Net amount of outstanding premiums 224716 3t 29 30 Total assets as per the books of the company 155138360 31 Amount of premiums unpaid on policies which have been issued more than three months inside 12883 69 10 Total admitted assets 1551383 60COMPTROLLERGENERALS REPORT 425 Accident Employers liability Fidelity In process of adjustment 10035 00 45840 00 465 00 LIABILITIES Resisted by Com pany on it own account 7L85 00 2215 00 Resisted for employers 1 Total gross amount of claims 56340 00 Net amount of unpaid claim ac count 56340 00 9400 00 9400 00 271100 00 271100 00 271100 00 Aggregate of unpaid claims 4 Gross premiums upon all unexpired risks running one year or less from date of policy Premiums Unearned portion 50 per cent Accident 134622 75 67311 38 Health 5411 06 2705 53 Employers liability 1073541 01 536770 50 Fidelity 23211 55 11605 77 Total one year or less 5 Gross premiums upon all unexpired risks running more than one year from date of policy Premium Unearned premiums pro rala Employers liability 47043 53 26172 33 Total for term policies 26172 33 6 Total unearned premiums as computed above carried out All other indebtedness unpaid commission on premiums collected 336840 00 644565 51 11268 46 Total amount of all liabilities except capital stock 992673 97 9 Joint stock capital actually paid up in cash statutory deposit 250000 00 10 Surplus beyond capital and other liabilities 308709 63 558709 60 11 Aggregate amount of all liabilities including statutory deposit and net surplus 1551383 6S Business in the State of Georgia During the year 1900 Risks written Premiums recd Losses puid Losses incurred Accident Health Employers liability Fidelity 262350 00 62156 00 807331 00 67050 00 1166 00 276 25 3588 14 298 00 Aggregate 1198887 00 5328 39 1212 13 2078 75 1050 00 4340 88 957 13 2358 75 1400 00 4715 88426 COMPTROLLERGENERALS REPORT BUSINESS IN GEORGIA FOR YEAR ENDING APRIL 30 1901 Risks written during the year 1379455 00 Premiums 6130 91 Losses 4795 02 Tax 6131 FIDELITY AND CASUALTY COMPANY OF NEW YORK George F Seward President Robert J ILllas Secty and Treas Principal office 97 to 103 Cedar St New York City N Y E Oherdorfer Attorney for Service in Georgia iCAPITAL 1 Whole amount of capital stock 250000 00 250030 00 2 Amount paid up in cash 250000 00 IIASSETS 1 Market value of real estate owned by the company less the amount of hlcumbrances thereon 567737 29 9 Total par and market value of stocks and bonds owned ab solutely by the company carried out at market value 2830483 25 12 Cash in companys principal office 6428 15 13 Cash belonging to the company deposited in bank National Park Bank N Y 14 57282 Chemical National Bank N Y 8430723 American Exchange National Bank N Y 453110 Fourth National Bank Atlanta Ga 25000 Merchants National Bank Baltimore Md 10000 International Trust Co Boston Mass 25000 City Bank Buffalo N Y 10000 American Trust Savings Bank Chicago 111 520000 Denver National Bank Denver Col 15000 Peoples Savings Bank Detroit Mich 30000 Union Na tional Bank Louisville Ky 10000 Northwestern National Bank Minne apolis Minn 25000 Manufacturers Na tional Bank Newark N J 20000 First National Bank New Haven Conn 17500 Whitney National Bank New Orleans La 15000 Girard National Bank Philadel phia Pa 750 00 Central National Bank Philadelphia Pa 150 00 Mercantile Bank Pittsburg Pa 5000 Tradesmens National Bank Pittsburgh Pa 5000 National Bank of Virginia Richmond Va 15000 Boatmens Bank St Louis Mo 40000 AngloCalifornia Bank Ltd San Francisco Cal 50000 Mutual Na tional Bank Troy N Y 20000 112886 15 Total cash items 119 314 30COMPTROLLERGENERALS REPORT 427 15 Interest due and accrued on stocks not included in market value uncollected 8034 29 17 Cash in hands of agents and in course of transmission 341156 43 17a Reserve reinsurance deposit cash in companys possession 23784 62 All other assets both real and personal viz Rents due and accrued 705 42 Total assets of the company actual cash market value 3936215 60 IIILIABILITIES Gross losses in process of adjustment or in suspense including all reported and sup posed losses 214325 78 Losses resisted including interest costs and other expenses thereon 526754 82 Total gross amount of claims for losses 741080 60 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 3262759 03 Unearned premiums fifty per cent 1631379 49 Gross premiums without any deduction re ceived and receivable upon all unexpired fire risks running more than one year from date of policy 41274798 unearned pre miums pro rata 227755 00 Total unearned premiums as computed above carried out Due and accrued for salaries rent advertising and for agency and other and miscellaneous expenses Contingent fund 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 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 499034 38 4 Gross premiums on risks written and re newed during the year 4657753 36 741080 60 11 17 19a 21 23 24 1859134 49 43004 38 150000 00 2793219 47 250000 00 892996 13 3936215 60 5 Total 5156787 74 6 Deduct premiums and bills in course of col lection at this date 511184 33 7 Entire premiums collected during the year 8 Deduct reinsurance and return premiums 4645603 41 1073101 05 Net cash actually received for premiums carried out 3572502 36423 COMPTROLLERGENERALS REPORT 11 Received for interest and dividends on stocks and bonds collateral loans and from all other sources 97978 65 12 Income received from all other sources omitting increase if any in value of securities viz Rents including 87 86279 for companys use of own building Profit on sale on maturity of ledger assets during the year over book values 1230500 75776 68 15 Aggregate amount of income actually received during the year in cash 3716257 69 VEXPENDITURES DURING THE YEAR On Marine and Inland Risks 1 Gross amount actually paid for losses in cluding losses occurring during pievious years 1424850 86 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 reinsurances in other com panies 57022 42 2a Expense of loss adjustments and defense of suits against policyholders 244999 90 3 Net amount paid during the year for losses 1612828 34 4 Cash dividends actually paid stockholders amount of stock holders dividends declared during the year 50000 00 6 Paid for commissions or brokerage 937 771 81 7 Paid for salaries fees and other charges of officers clerks agents and all other emyloyees inspections 12862288 547254 60 8 Paid for State national and local taxes in this and other States 96328 08 9 All other payments and expenditures 186 121 44 Total 3430304 27 Business in the State of Georgia During the Year Inland Risks Fire marine and inland risks written 11326 341 50 Premiums received gross 3934 03 0S8es Paidyy 23555 99 Losses incurred 93 gc BUSINESS IN GEORGIA FOR YEAR ENDING APRIL 30 1901 Risks written during the year 11 601 996 30 fremiums 3938 60 Losses laX 39308COMPTROLLERGENERALS REPORT 429 FIDELITY AND DEPOSIT SURETY COMPANY OF BALTIMORE MD Edwin Warfield President Herman E Bosler Secretary Principal office Charles and Lexington Sts Baltimore Md Aaron Haas Atlanta Attorney for Service in Georgia ICAPITAL 2 Amonnt paid np in cash 1500000 00 IIASSETS I Market value of real estate owned by the company less the amount of inoumbranees thereon bJOOOO W 9 Total par and market value of stocks and bonds owned absolutely by the company carried out at market value 306430 00 12 Cash in companys principal office 41613 14 13 Cash belonging to the company deposited in National Mechanic Baltimore k Hanover National New York 7914156 Total 319584 71 Totaled items 428494117 17 Net premiums in course of collection noi v Total assets of the company actual cash market value 4381313 79 IIILIABILITIES 1 Losees due and unpaid 449 89 2 Gross losses in process of adjustment or in suspense including all reported and sup posed losse 45127 81 3 Losses resisted by principals to bonds not admitted by company 105555 39 A Total gross amount of claims for losses 155163 09 155163 09 7 Gross premiums without any deduction re ceived and receivable upon all unexpired fidelity and surely risks running one year or Ws from date of policy 1300196 78 Unearned premiums fifty per cent 650248 39 II Total unearned premiums as computed above carried out 650248 39 19 All other demands against the company absolute and con tingent due and to become due admitted and contested 80o411 48 20 Total amount of all liabilities except capital stock scrip and net surplus on7Kori9 31 23 Surplus beyond capital and all other liabilities 2mS 24 Aggregate amount of all liabilities including capital pad up and net surplus 420 COMPTROLLERGENERALS REPORT IVINCOME DURING THE YEAR Fidelity and Surety 153695 24 3 Net collected 4 Gross premiums on risks written and renewed during the year 1135321 65 n a Tta1 1289016 89 b Deduct premiums and bills in course of col lection at this date 127 013 89 7 Entire premiums collected during the year 1162003 00 8 Deduct reinsurance and return premiums 23740 53 9 Net cash actually received for premiums car ried out 1138202 47 1138262 4t 11 Received for interest and dividends on stocks and bonds collateral loans and from all other sources 12 Income received from ad other sources omittingincrease if any in value of securities 135671 43 38453 32 15 Aggregate amount of income actually received during the year in cash VEXPENDITURES DURING THE YEAR 1386130 75 1 Gross amount actually paid for losses includ ing losses occrring in previous years 2 Deduct all amounts actually received for sal vages whether on losses of the last or of previous year and all amounts actually re ceived for reinsurances in other companies total deductions 431867 34 60607 48 3 Net amount paid during the year for loS8es 37I o59 86 1 Cash dividends actually paid stockholders amount of stockholders dividends declared during the year 262447 50 6 Paid for commissions or brokerage 7 Paid for salaries fees and other chargesofofficersclerks agents and all other employes 7 s 8 Paid for State national and local tares iathlsandother states 9 All other payments and expendituresvizVAdjusting 15189412 legal 1879972 real estate repairs etc 10 310130 furniture and fixtures 365039 advertising 47349 printing and stationery 1301102 postage 1280367 incidentals and development 50 943 42 rev enue tax 531885 Tent from sublease total 371259 86 262447 279261 3 77835 52319 1 179391 44 Agaregate amount of actual expenditures during the year in cash 1222514 29COMPTROLLERGENERALS REPORT 431 Business in the Slate of Georgia During the year Surety 645400 00 7300 89 794 10 794 10 Fidelity Fidelity and surety risks written 2924600 00 Premiums received gross 14567 71 Losses paid 575164 Losses incurred 5559 60 BUSINESS IN GEORGIA FOR YEAR ENDING APRIL 30 1900 Risks written during the year Premiums Losses Tax Aggregate 3570000 00 21868 60 6545 74 6353 70 2257250 00 18688 03 1408 98 186 88 GENERAL ACCIDENT ASSURANCE CORPORATION OF PERTH Muer Haughton United States Managers Principal Office N E Corner 4th and Walnut Sts Philadelphia Pa W G R C Harrison Savannah Ga Attorney for Service in Georgia ICAPITAL 1 Whole amount of capital stock deposit New York insurance department 250000 00 250000 00 2 Amount paid up in cash deposit New York insurance department 250000 00 IIASSETS 9 Total par and market value of stocks and bonds owned absolutely by the Company carried out at market value 324534 50 13 Cash belonging to the Company deposited in bank Fourth Street National Bank Philadelphia 2971 8 Gerard Trust Company Philadelphia 7170 00 Total 1014108 Total cash items 10141 8 15 Interest due and accrued on stocks not in cluded in market value uncollected 2941 66 17 Cash in hands of agents and in course of transmission J Total assets of the Company actual cash market value 46104 31 IIILIABILITIES Gross losses in process of adjustment or in suspense including all reported and supposed losses 10637 11 3 Losses resisted including interest costs and other expenses thereon 13r 0 00432 COMPTROLLERGENERALS REPORT 11987 11 11987 11 113730 29 56865 15 1302 60 58167 75 4 Total gross amount of claims for losses 6 Net amount of unpaid losses 7 Gross premiums without any deduction received and receivable upon all unex pired risks running one year or less from date of policy Unearned premiums 50 per cent 8 Gross premiums without any deduction received and receivable upon all unex pired risks running more than one year from date of policy 1336 unearned premiums pro rata 11 Total unearned premiums as computed above carried out 19 All other demands against the company absolute and contingent due and to be come due admitted and contested 20 Total amount of all liabilities except cap ital stock scrip and net surplus 31 Joint stock capital actually paid up in cash deposit New York insurance department 23 Surplus beyond capital and all other liabili ties 24 Aggregate amount of all liabilities includ ing capital paid up and net surplus IINCOME DUKIN6 THE YEAR On Casualty Risks 1 Gross premiums and bills in course of col lection at close of last previous year as shown by that years statement 3 Net collected 4 Gross premiums on risks written and re newed during the year 11987 11 9096 64 9096 64 5 9 11 12 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 Received for interests and dividendson stocks and bonds collateral loans and from all other sources Income received from all other sources omitting increase if any in value of se curities 58167 75 70154 86 70154 86 250000 00 25949 46 346104 32 Total 207687 11 216783 75 11710 18 205073 57 13197 50 191876 07 191876 07 9688 68 744 91 202309 6tCOMPTROLLERGENERALS REPORT 433 15 Aggregate amount of income actually re ceived during the year in cash 202309 66 VEXPENDITURES DURING THE YEAR On Casualty Risks 1 Gross amount actually paid for losses in eluding losses occurring in previons years 70130 52 2 Deduct all amounts actually received for salvages whether on losses of the last or of previous year 101 71 3 Net amount paid during the year for ljsses 76025 81 6 Paid for commissions or brokerage 7 Paid for salaries fees and other charges of officers clerks agents and all other em ployes 8 Paid for State national and local taxes in this and other States All other payments and expenditures Total Business in the State of Georgia during the Year Casualty Risks Casualty risks written 2324950 00 Premiums received gross 2044 80 Losses paid 423 39 Losses incurred 423 39 BUSINESS IN GEORGIA FOR YEAS ENDING APRIL 30 1901 Risks written during the year 216 500 00 Premiums 1888 10 Lasses 320 89 Tax 18 88 76025 81 45730 93 21355 03 3580 45 24258 24 170950 46 GUARANTEE COMPANY OF NORTH AMERICA MONTREAL CAN Edward Rawlings President Robert Kerr Secretary Principal Office 57 Beaver Hall Hill Montreal James S Russell Atlanta Attorney for Service in Georgia ICAPITAL 1 Whole amount of capital stock authorized 100000000 subscribed 668600 00 3 Amount paid up in cash 304600 00 IIASSETS 1 Market value of real estate owned by the company less the amount of incumbrances thereon 70597 50 28 eg434 COMPTROLLERGENERALS REPORT 2 Loans on bond and mortgage duly recorded and being first liens on the fee simple 1000 00 9 Total par and market value of stocks and bonds owned absolutely by the company 830172 67 12 Cash in companys principal office 1038 64 Total 124919 76 Total cash items 125958 40 15 Interest due and accrued on stocks not included in mar ket value uncollected 7951 08 17 Cash in hands of agents and in course of transmission premiums in course of collection 6442 08 Total assets of the company actual cash market value 1042181 7L IIILIABILITIES 2 Gross losses in process of adjustment or in suspense including all reported and sup posed losses 33572 56 3 Losses resisted including interest cost and other expenses thereon 51215 32 4 Total gross amount of claims for losses 84787 88 5 Deduct reinsurance thereon 20300 00 6 Net amount of unpaid losses 04487 SS 7 Gross premiums without any deduction re ceived and receivable upon all unexpired fire risks running one year or less from date of policy 169674 76 Unearned premiums fifty per cent 84837 38 12 Net premiums reserve and all other liabilities except cap ital under the life insurance or any other special de partment 84337 38 17 Due and accrued for salaries rent advertising and for agency and other miscellaneous expenses 6246 67 19 All other demands against the company absolute and con tingent 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 100 571 93 21 Joint stock capital actually paid up in cash 304600 00 23 Surplus beyond capital and all other liabilities 576949 78 24 Aggregate amount of all liabilities including capital paid up and net surplus 1042 121 71 IVINCOME DURING THE YEAR On Guarantee Risks 1 Gross premiums and bills in course of collec tion at close of last previous year as shown by that years statement 13415 10 3 Net collected 13415 10COMPTROLLERGENERALS REPORT 435 4 Gross premiums on risks written and renewed during the year 180462 26 Total 193957 36 Deduct premiums and bills in course of col lection at this date 6781 10 7 Entire premiums collected during the year 187176 26 8 Deduct reinsurance and return premiums 30904 58 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 callateral loans and from all other sources 12 Income received from all other sources emitting increase if any in value of securities viz Rents Profit or securities sold 15 Aggregate amount of income actually received during the year in cash VEXPENDITURES DURING THE YEAH On Guarantee Risks 1 Gross amount actually paid for losses 48142 65 2 Deduct all amounts actually received for sal vages whether on losses of the last or of previous year 4898 46 3 Net amount paid during the year for losses 4 Gash dividends actually paid stockholders amount of stockholders dividends declared during the year 5 Inspection and revision expenses 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 Rents 7 10736 law expenses 113645 advertising 123966 printing etc 281915 postage telegrams etc 6 85529 total Aggregate amount of actual expenditures during the year in cash Business in the State of Georgia during the Year Risks written Premiums received gross Losses paid Losses incurred 156271 68 177 81 38886 31 2385 25 1558 93 199579 98 43244 19 24368 00 11735 55 6350 29 58803 07 6537 09 19157 91 BUSINESS IN GEORGIA FOR YEAR ENDING APRIL 30 1901 Risks written during the year Premiums Losses Tax 170196 10 Guarantee 2373600 00 7729 03 10052 50 7745 90 2400800 00 7819 58 1500 47 78 20436 COMPTROLLERGENERALS REPORT HARTFORTD STEAM BOILER INSPECTION AND INSURANCE COMPANY J M Allen President J B Pierce Secretary Home Office 650 Main Street Hartford ICAPITAL STOCK 1 Amount of capital stock authorized1000000 00 subscribed for 500000 00 2 Amount of capital stock paid up in cash 500000 00 Amount of net ledger assets Dec 3L of previ ous year2214292 86 Extended at 2214292 86 IIINCOME DURING YEAR As Shown by the Books at Home Office at Close of Business December 31 1900 1 Gross premiums unpaid Dec 31 Steam Boiler last year paid 339266 41 2 Gross premiums written and re newed during year 1212363 30 Total 1551629 71 3 Deduct gross premiums now in course of collection 262813 27 4 Entire premiums collected during the year 1288816 44 5 Deduct reinsurance abatement rebate and return premiums 140776 30 6 Net cash actually received for pre miums carried out 1148040 14 7 Rents from companys property including 5 85734 for companys use of own building 5857 34 8 Interest on loans on mortgages of real estate 16267 67 10 Interest on bonds and dividends on stocks 89755 52 11 Interest upon other debts due the company and on deposits in bank 4018 63 Total rents and interest 110041 82 12 Profit on sale of real estate 1855 on sale or maturity of securities 1944980 21304 80 14 From all other sources viz Special mechan ical services 3031 95 1288276 50 Total income during the year Sum of both amounts 3502568 91COMPTROLLERGENERALS REPORT 437 IIIDISBURSEMENTS DURING YEAR As Shown by llie Books at Home Office at Clone of Business December 31 1900 1 Gross amount paid for claims ex Steam Boiler cepting weekly indemnity 109331 53 Total 109331 53 Net paid policyholders carried out 109331 53 4 Stockholders for interest or dividends amnt declared during the year 8000000 80000 00 6 Commissions or brokerage to agents less re ceived on reinsurance 276519 37 7 Salaries traveling and all expenses of agents and agencies not on commission account 113169 99 8 Medical examiners fees and salariesinspec tions 389200 87 9 Salaries and all other compensation of officers 32000 and home office employees 1920050 51200 50 10 Taxes on premiums 1509327 taxes on real estate 188373 insurance department fees and agents licenses 356043 municipal licenses 288373 internal revenue 6640 30061 16 11 Rent 4750 00 12 Legal expenses 176992 reaL estate repairs and expenses other than taxes 218126 3951 18 13 Furniture and fixtures 509153 advertising 1962296 printing and stationery 1370855 38423 04 14 Losses on sales or maturity of securities 10431 28 15 All other disbursements Office expenses 2254 63 Charge to profit and loss in readjusting real estate account to make book value repre sent face of the mortgages foreclosed 13557 51 Total miscellaneous expenses 91996202 Total disbursements during the year 1122851 06 Balance 2379717 85 IVLEDGER ASSETS As per Ledger Accounts Shown by the Books at Home Office at Close of December 31 1900 1 Book value of real estate unincumbered 30712 00 2 Mortgage loans on real estate first liens 458450 00 4 Book value of bonds excluding interest 1511 89755 and stocks 22416645 1736064 00 5 Cash in companys office 2032225 deposited in banks Security Co Hartford Conn 5 13951 Hartford Nat Bank Hartford Conn 4039304 United States Bank Hartford Conn 948153 Connecticut River Banking Co Hartford Conn 3306927 National Bank of Commerce St Louis Mo 555660 National Shawmut Bank Boston Mass438 COMPTROLLERGENERALS REPORT 1077540 Union Nat Bank Cleveland Ohio 237993 Union Trust Company Chicago Ills 130447 Central Nat Bank Phila delphia Pa 440072 N Y Nat Exchange Bank New York 71856512974612 150008 37 7 All other items viz Accounts payable secured 4423 48 Tota1 2379717 85 Total net ledger assets 2379717 85 NonLedger Assets 9 Interest accrued on mortgoges 12616 93 14 Total outstanding interest and rents 12 616 93 18 Market value of bonds and stocks over book value not in cluding interest in item 10 85 301 00 17 Gross premiums in course of collection not deb ited to authorized agents to wit Steam boiler not over three months due 26281327 unpaid commissions thereon 3942199 net premiums 223 391 28 Total net not over three months due 223391 2S Gross assets 2701027 06 Total admitted assets 2701027 06 VNONLEDGER LIABILITIES Steam boiler in process of adjustment 17851 85 1 Total gross amount of claims 17851 85 3 Net amount of unpaid claim account 1785185 Aggregate of unpaid claims and expenses 17851 85 4 Gross premiums upon all unex pired risks running one year or less from date of policy Steam boiler premiums 7927977 un earned portion 50 per cent 39639 88 Total one year or less 39639 88 5 Gross premiums upon all unexpired risks running more than one year from date of policy Steam boiler premiums 286002444 unearned premiums pro rata 1521794 48 Total more than one year 1521794 48 Total unearned premiums and reserve as computed above carried out 1561434 36 Total liabilities 1 579 86 21 13 Capital stock paid up in cash 500000 00 14 Surplus beyond capital and other liabilities 621740 85 1121740 85 Total 2701027 06COMPTROLLERGENERALS REPORT 439 Business in the Stale of Georgia during the Year Steam boiler risks written 1199467 00 Premiums receivedIns 792365 insp 339585 11319 50 Losses paid 496 76 Losses incurred 1696 76 Amount at risk end of year 3703961 00 BUSINESS IN GEORGIA FOE YEAR ENDING APRIL 30 1901 Risks written during the year 1535100 00 Premiums 14623 10 Lo ses 1200 00 Tax 146 23 LLOYDS PLATEGLASS INSURANCE COMPANY NEW YORK William T Woods President Charles E W Chambers Secretary Home Office No 63 William street New York City ICAPITAL STOCK 1 Amount of capital stock au thorized 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 587169 53 Extended at 587169 53 IIINCOME DURING YEAR As Shown by Books at Home Office December 31st Plate Glass 1 Gross premiums unpaid December 31 last year paid 68639 08 2 Gross premiums written and renewed dur ing year 447004 89 Total 515643 97 v Deduct gross premiums now in course of collection 62237 65 4 Entire premiums collected during the year 453406 32 5 Deduct reinsurance abatement rebate and return premiums 26591 93 6 Net cash actually received for premiums carried out 426814 39 426814 39 7 Rents from companys property including nothing for companys use of own building 11759 35 10 Interest on bonds and dividends on stock 12597 73 Total interest 24357 08440 COMPTROLLERGENERALS REPORT 12 Profit on sale or maturity of ledger assets during the year over book values 5868 68 14 Income from all other sources viz Profit and loss etc 37 50 5906 IS Total income during the year 457077 65 Sum 1044247 IS IIIDISBURSEMENTS DURING YEAR As Shown by Books at Some Office December 31st Plate Glass 1 Gross amountpaid for claims excepting weekly indemnity 244609 55 Total 244609 55 3 Deduct reinsurances salvages and recover ies on losses previously paid 23428 96 Net paid policyholders 221180 59 221180 59 4 Stockholders for interest or dividends amount declared during the year 2500000 25000 00 5 Commissions or brokerage to agents less received on reinsurance 135401 88 6 Salaries traveling and all expenses of agents and agencies not on commission account 1176 75 8 Salaries and all other compensation of of ficers 1284166 and home office em ployees 3878676 51628 42 9 Taxes on premiums 537260 taxes on property 472018 insurance department fees and agents licenses 426936 municipal licenses 168882 16050 96 10 Rent including nothing for companys use of own building less nothing from sub leases 2415 82 11 Legal expenses 16360 real estate repairs and expenses other than taxes 4 95510 5118 70 12 Furniture and fixtures 21860 advertis ing 272190 printing and stationery 323903 0179 53 14 All other items viz Postage and express 348670 sundries 423362 and in ternal revenue tax 248265 10202 97 Total miscellaneous expenses 253175 03 Total disbursements 474355 02 Balance 569891 5COMPTROLLERGENERALS REPORT 441 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 unincumbered 245763 18 4 Book value of bonds excluding interest 23072871 and stocks 7207157 302SOO 28 5 Cash in companys office 218717 depos ited in banks 1914093 21328 10 New York National Exchange Bank 5 72599 Corn Exchange Bank 1341494 Total net ledger assets 16 Market value of real estate over book value 17 Market value of bonds and stocks over book value not including interest in item 11 18 Gross premiums in course of collection to wit Not Over Three Unpaid Commission Net More than Three Mom hs 569891 56 19236 82 16485 67 Months Due Thereon Premiums Plate Glass 60734 85 15183 71 45551 14 60734 85 15183 71 45551 14 Total net not over three months due due not carried in 1502 80 Gross assets Total admitted assets 45551 14 651165 IS 651165 19 VNONLEDGER LIABILITIES Plate Glass In Process of Adjustment 3399 74 1 Total gross amount of claims 3399 74 3 Net amount of unpaid claim account 3399 74 Aggregate of unpaid claims and expenses 3399 74 4 Gross premiums upon all unex pired risks running one year or less from date of policy Plate glass premiums 369 95558 unearned portion 50 percent 184977 78 Total one year or less 184977 78 5 Gross premiums upon allunex pired risks running more than one year from date of policy Plate glass premiums 93 09384 unearned premium pro rata 47989 24 Total more than one year 47989 24 Total unearned premiums as computed above car ried out 232967 02442 COMPTROLLERGENERALS REPORT 8 Salaries rent expenses taxes bills accounts fees etc due or accrued including plate glass and glazing 28771 79 Total amount of all liabilities 12 Joint stock capital actually paid up in cash 13 Surplus beyond capital and other liabil ities 250000 00 136026 64 Total 265138 55 386026 64 651165 19 VIRISKS AND PREMIUMS Plate Glass Amount at Risk In force December 31 previous year 198465 21 Written or renewed during the year 17703183 Premiums Thereon 456222 03 447004 89 Total 375497 04 Deduct expirations and cancellations 192221 14 Balance 183275 90 903226 92 440177 50 463049 42 463049 42 Net in force December 31 1900 183275 90 Business in the State of Georgia During the Year Risks Premiums Losses Losses Amount at Risk Written Received Paid Incurred End of Year Plate Glass 48670 56 1130 60 18140 252 00 475S5 06 BUSINESS I GEORGIA FOR YEAR ENDING APRIL 30 1901 Risks written during the year 46054 91 Premiums 1 m m Tosses 304 48 Tax 11 4o U S BRANCH LONDON GUARANTEE AND ACCIDENT COMPANY Ltd OF LONDON ENGLAND A W Masters General Manager Princinal office 315 Dearborn street Chicago W L Wilson Savannah Attorney for Service in Georgia ICAPITAL 1 Whole amount of capital stock statutory dePsit 200000 00 200000 00 IIASSETS 9 Total par and market value of stocks and bonds owned absolutely by the company carried out at market value 1011703 40 12 Cash in companys principal office 899 09COMPTROLLERGENERALS REPORT 443 1171519 90 13 Cash belonging to the company deposited in bank Merchants Loan and Trust Co Chi cago 50000 00 Total cash items7777777777 50899 09 15 Interest due and accrued on stocks not included in mar ket value uncollected 9724 08 All other assets both real and personal viz Rents due and accrued due from other companies for reinsurance on losses already paid 99193 33 Total assets of the company actual cash market val ue inLIABILITIES 2 Gross losses in process of adjustment or in suspense including all reported and sup posed losses 284079 80 3 Losses resisted including interest costs and other expenses thereon 12100 00 4 Total gross amount of claims for losses 296179 80 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 75242802 unearned premiums fifty per cent 376214 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 1108745 unearned premi ums pro rata 8833 77 296179 80 II 17 19 21 22 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 contingent due and to become due admitted and contested viz Tax reserve 20000 contingent re serve 35000 385047 78 5000 43 55000 00 Total Joint stock capital actually paid up in cash Surplus beyond capital and all other liabilities Aggregate amount of all liabilities includingcapital paid up and net surplus IVINCOME DURING THE YEAR Accident Liability Gross premiums and bills in course of collection at close of last previous year as shown by that years statement 28110 9G 109877 27 741228 04 200000 00 230291 80 1171519 90444 COMPTROLLERGENERALS REPORT 2 Deduct amount of same not col lected 1578 13 4931 24 3 Net collected 26532 83 104946 03 4 Gross premiums on risks written and renewed during the year 200395 03 823762 76 5 Total 226927 86 928708 79 6 Deduct premiums and bills in course of collection at this date 21720 09 122536 60 7 Entire premiums collected during the year 205207 77 806172 19 8 Deduct reinsurance and return premiums 33434 75 66893 21 9 Net cash actually received for premiums carried out 171773 02 739278 98 11 Received for interests and dividends on stocks and bonds collateral loans and from all other sources Total 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 410666 32 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 10 American branches of foreign companies will please re port amount sent to home office during the year 911052 00 33113 61 944165 61 944165 61 410666 32 257986 98 40125 06 24811 98 38425 38 48154 92 Aggregate amount of actual expenditures during the year in cash 820170 64 Business in the State of Georgia During the Year Fire Risks Fire marine and inland risks written 1056400 00 Premiums received gross 4065 87 Losses paid 1728 22 Lasses incurred 1 72s 2 BUSINESS IN GEORGIA FOR YEAR ENDING APRIL 30 1901 Risks written during the year 570000 00 Premiums 3943 85 bosses 150 00 Tax 39 43 COMPTROLLERGENERALS REPORT 445 MARYLAND CASUALTY COMPANY OF BALTIMORE MD John T Stone President Wm Edw Thomsen Secretary Principal Office Equitable Building Aaron Haas Sons Attorney for Service in Georgia ICAPITAL 1 Whole amount of capital stock 750000 00 2 Amount paid up in cash 750000 00 IIASSETS 9 Total par and market value of stocks and bonds owned ab solutely by the company carried out at market value 1244522 45 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 amount loaned thereon 603850 00 12 Cash in companys principal office 19723 09 13 Cash belonging to the company deposited in bank Alex Brown Sons 3000 Maryland Trust Co 4400209 Fidelity and Deposit Co of Maryland 319380 International Trust Co 1093944 Third National Bank 3647921 total 97614 54 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 All other assets both real and personal as per schedule attached viz Ground rent first lien on main building of Maryland Telegraph Telephone Co St Paul and Courtland Sts Baltimore valued at 235000 Premiums in course of collection 34766368 less commis sion 9156208 net Furniture 100 cost 962707 bills receivable 356950 agents dr balances 692317 less cr 14615 balance IIILIABILITIES 2 Gross losses in process of adjustment or in sus pense including all reported and supposed losses 71798 44 3 Losses resisted including interest costs and other expenses thereon for assured 127559 50 4 Total gross amount of claims for losses 199357 94 i Net amount of unpaid losses 199357 94 7 Gross premiums without any deduction re ceived and receivable upon all unexpired risks running one year or less from date of policy1221156 90 117337 63 3717 50 712 50 100000 00 256101 60 10446 52 2336688 20446 COMPTROLLERGENERALS REPORT 10 11 15 21 23 24 Unearned premiums fifty per cent 610579 43 Gross premiums without any deduction re ceived and receivable upon all unexpired risks running more than one year from date of policy 10546536 unearned premiums pro rata 6314606 168611 42 Gross premiums without any deduction re ceived and receivable on all unexpired risks 1326622 26 Total unearned premiums as computed above carried out Dividends declared and remaining unpaid or uncalled for stockholders Safety reserve 05 qqq Joint stock capital actually paid up in cash 750000 Surplus beyond capital and all other liabilities 688 575 673725 29 49 75 00 00 02 Aggregate amount of all liabilities including capital paid up and net surplus 2336688 20 11 12 15 IVINCOME DURING THE YEAR On All Risks Gross premiums and bills in course of collection at close of last previous year as shown by that years statement 303312 21 Net collected 303312 21 Gross premiums on risks written and renewed during the year1757844 52 Total2061156 73 Deduct premiums and bills in course of collec tion at this date 347663 68 Entire premiums collected during the year 1713493 05 Deduct reinsurance and return premiums 266074 01 Net cash actually received for premiums car ried out 1447419 04 1447419 Received for interests and dividends on stocks and bonds collateral loans and from all other sources 76 8S0 Income received from all other sources omitting increase if any in value of securities viz Inspection fees 40602 From profit on sale of securities 16312 Medical fee refunded 04 87 IS 96 1 l Aggregate amount of income actually received during the year in cash 1 581 wo VEXPENDITURES DURING THE YEAR On All Risks dross amount actually paid for losses 450030 55 05 Net amount paid during the year for losses 450030 55 Oashdividends actually paid stockholders amount of stock holders dividends declared during the year 90000 Paid for commissions or brokerage 450030 55 89970 2i 459951 42COMPTROLLERGENERALS REPORT 447 7 Bad bill charged off 85 48 8 Paid for State national and local taxes in this and other States 44469 70 9 All other payments and expenditures including salaries 320062 40 Aggregate amount of actual expenditures during the year in cash 1364569 80 Business in the State of Georgia During the Year All Risks Casualty and accident risks written405684ii 58 Premiums received gross 22427 54 Losses paid 7810 24 Losses incurred 7810 24 BUSINESS IN GEORGIA FOE YEAR ENDING APRIL 30 1901 Risks written during the year4199707 36 Premiums 23585 49 Losses 11919 74 Tax 235 85 METROPOLITAN PLATE GLASS INSURANCE COMPANY OF NEW YORK Eugene H Winslow President S Wm Burton Secretary Principal office 66 Liberty St New York Henry M North Augusta Attorney for Service in Georgia 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 ab solutely by the company carried out at market value 258435 00 12 Cash in companys prim ipal office 2088 72 13 Cash belonging to the company deposited in bank Union trust Co 1670973 Kings County Trust Co 223946 Peoples Trust Co 51691 United States Trust Co Bos ton 100000 total 20466 10 Total cash items 22554 82 15 Interest due and accrued on stocks not included in mar ket value uncollected S0n 00 16 Plate glass on hand to replace losses 39ii5 95 17 Sundry accounts due for glass sold 631 5 L All other assets both real and personal viz Rents due and accrued 18292 net premiums in course of col lection not over 3 months due 3080305 30985 97 Total assets of the company actual cash market value 466876 25448 COMPTROLLERGENERALS REPORT IIILIABILITIES 2 Gross losses in process of adjustment or in suspense including all reported and sup posed losses 5543 96 4 Total gross amount of claims for losses 5543 96 7 Gross premiums without any deduction re ceived and receivable upon all unexpired plate glass risks running one year or less from date of policy 285678 48 Unearned premiums fifty per cent 142839 24 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 Sundry amounts due for glass and glazing 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 INCOME DURING THE YEAR On Plate Glass Risks Gross premiums and bills in course of collec tion at close of last previous year as shown by that years statement 47082 35 Net collected 47082 35 Gross premiums on risks written and re newed during the year 323107 54 Total 370189 89 Deduct premiums and bills in course of col lection at this date 45974 86 Entire premiums collected during the year 324215 03 Deduct reinsuraee and return premiums 41184 15 2S3O30 88 10 11 12 15 1 Net cash actually received for premiums car ried out Received for interest on bonds and mortgige3 Received for interests and dividends on stocks and bonds collateral loans and from all other sources Income received from all other sourcef omittng increase if any in value of securities viz Rents Aggregate amount of income actually received during the year in cash VEXPENDITURES DURING THE YEAR On Plate Glass Risks Gross amount actually paid for losses includ ing 200000 losses occurring in previous years 144039 til 5543 96 142S39 24 5074 34 153457 54 100000 00 213418 71 466876 25 283030 88 10313 13 1876 64 295220 65 COMPTROLLERGENERALS REPORT 2 Deduct all amounts actually received for sa vages whether on losses of the last or of 6684 52 previous year 3 Net amount paid during the year for losses 4 Cash dividendsactually paid stockholders amount of stock holders dividends declared during the year 6 Paid for commissions or brokerage 7 Paid for salaries fees and othercharges 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 and expenses of agents 366878 legal and real estate expenses 287730 advertising printing and stationery 3 995 38 sundries 642615 total Aggregate amount of actual expenditures during the year in cash in the State of Georgia Daring the Year 449 137355 09 20000 00 97145 84 32785 00 12717 46 16967 61 Fire marine and inland risks written Premiums received gross Losses paid Losses incurred 316971 00 Fire Risks 31233 10 905 80 428 62 472 62 BUSINESS IN GEORGIA FOR TEAR ENDING APRIL 30 1901 Risks written during the year Premiums Losses Tax 41075 10 1002 10 237 17 10 02 NATIONAL SURETY COMPANY OF NEW YORK Chas A Dean President BallAed McCain Secretary Principal Office 346 Broadway New York W T Crenshaw Atlanta Attorney for Service in Georga ICAPITAL 1 Whole amount of capital stock 500000 00 2 Amount paid up in cash 500 000 00 II ASSETS 1 Market value of ral estate owned by the company less the amount of incumbran ces thereon 2 Loans on bond and mortgage duly recorded and being first liens on the fee simple 3 Interest due on all said bonds and mortgage loans 35601 interest accrued thereon 806071 Total 29cg 11225 00 45704 39 8416 72450 COMPTROLLERGENERALS REPORT 4 Value of lands mortgaged exclusive of buildings and perishable improvements 31375 00 5 Value of buildings mortgaged insured for 6500 as collateral 9250 00 6 Total value of said mortgaged premises car riedinside 0625 9 Total par and market value of stocks and bonds owned absolutely by the company carried out at market value 12 Cash belonging to the company deposited in banks National Park Bank New York 8913 37 Fourth National Bank New York 6035 37 Wells Fargo Cos Bank New York 772 57 Central National Bank New York 5014 29 New York Security and Trust Company N Y 88 36 Central Realty Bond and Trust Co New York 2534 24 Union National Bank Kansas City Mo 2146 36 Chicago National Bank Chicago Ills 1248 88 Atlas National Bank Cincinnati Ohio 1098 73 Mershants National Bank St Paul Minn 3366 00 AngloCalifornian Bank limited San Fran cisco Cal 5670 21 Third National Bank St Louis Mo 643 11 Merchants LaClede Nat Bank St Louis Mo 725 66 Flour City National Bank Minneapolis Minn 961 70 Security Bank of Minnesota Minneapolis 2458 66 Dimes Savings and Banking Co Cleveland O 2486 67 Century National Bank Cleveland O 2022 36 Western Reserve Trust CompanyCleveland O 7037 50 Niagara Bank of Buffalo Buffalo N Y 676 51 Detroit National Bank Detroit Mich 230 26 Quaker City National Bank Philadelphia Pa 1111 25 Franklin Trust Co Brooklyn N Y 1408 02 Capital National Bank tnianapolis Ini 830 04 International Trust Co Boston Mass 2474 39 National Bank of Redemption Boston Mass 860 00 State National Bank Cleveland 0 5000 00 Total 6626456 13 Cash in Companys principal office 1703 14 Total cash items 17 Premiums in hands of agents and in course of transmission All other assets both real and personal viz amounts advanced on contracts secured Total assets of the company actual cash mar ket value 1256050 00 67967 70 43923 75 75254 09 1508541 65COMPTROLLERGENERALS REPORT 451 IIILIABILITIES 2 Gros losses in process of adjustment or in suspense including all reported and sup posed losses 25504 55 3 Losses resisted including interest costs and other expenses thereon 18037 59 4 Total gross amount of claims for losses 43542 14 6 Net amount of unpaid losses 43542 14 43542 14 7 Gross premiums without any deduction re ceived and receivable upon all unexpired fire risks running one year or less from date of policy 527974 96 Unearned premiums fifty percent 203987 48 11 Total unearned premiums as computed above carried nut 16 Special reserve for contingent claims 19 All other demands against the company abso lute and contingent due and to become due admitted and contested viz reinsu rance Trust funds etc 20 Total amount of all liabilities except capi tal stock scrip and net surplus 21 Joint stock capital actually paid up in cash 23 Surplus beyond capital and all other liabili ties 24 Aggregate amount of all liabilities includ ing capital paid up and net surplus IVINCOME DUBINQ THE YEAR On Fidelity and Surety Risks 1 Gros5 premiums and bills in course of collec tion at close of last previous year as shown by that years statement 73610 12 2 Deduct amount of same not collected 1191 85 3 Net collected 72418 27 4 Gross premiums on risks written and renewed during the year 629514 30 5 Total 701932 57 6 Deduct premiums and bills in course of col lection at this date 48804 17 7 Entire premiums collected during the year 653128 40 8 Deduct reinsurance and return premiums 94381 62 9 Net cash actually received for premiums car ried out 558746 78 558746 78 10 Received for interest on bonds and mortgages 1513 29 11 Recesved for interests and dividends on stocks and bonds collateral loans and from all other sources 39075 04 263987 48 21000 00 685 09 87002 32 416217 03 500000 00 592324 62 1508541 65452 COMPTROLLERGEXERALS REPORT 12 Income received from all other sources omit ting increase if any in value of securities viz profit on sale of ledger assets430625 trust funds 4942998 suspense account 433386 miscellaneous income 135 15 Total Aggregate amount of income actually re ceived during the year in cash VEXPENDITURES DURING THE YEAR On Fidelity and Surety Risks 15 1 Gross amount actually paid for losses includ ing losses occurring in previous years 2 Deduct all amounts actually received lor sal vages whether on losses of the last or of previous year and all amounts actually received for reinsurances in other com panies 3 147632 02 52503 01 58205 24 657540 35 Net amount paid during the year for a r jT 95129 61 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 offi Jers clerk agents and all other employes 185 993 n 8 Paid for State national and loc il taxes in this and other States 9 All other payments and expenditures viz Rent 10 00828 i legal expenses 2965784 printing and station ery 1320652 postage and express 14109 05 tele grams and telephone 264352 home office traveling expenses 543257 Company surety 178687 inspec tion and loss expenses and sundries 5283268 Total 95129 61 50000 00 43918 32 17791 90 Aggregate amount of actual expenditures during year in cash the Business in the Stale of Georgia During the Yt 129727 31 522560 Fidelity and Surety h idehty and Surety risks written j Premiums received gross Losses paid Losses incurred Aggregate 868964 00 1868964 00 4935 36 4922 82 4922 8 4935 36 4922 82 4922 82 BUSINESS IN GEORGIA FOR YEAR ENDING APRIL 30 1901 Risks written during the vear Premiums 1815096 00 Losses 5254 96 Tax 4637 48 52 55COMPTROLLERGENERALS REPORT 453 NEW YORK PLATE GLASS INSURANCE COMPANY OF NEW YORK Max Danziger President Major A White Secretary Principal office 24 Pine street H S Jackson Atlanta Attorney for Service in Georgia 1CAPITAL 1 Whole amount of capital stock 100000 00 100000 00 2 Amount paid up in cash 100U00 00 IIASSETS 2 Loans on bond and mortgage duly recorded and being first liens on the fee simple 2 500 00 5 Value of lands and buildings mortgaged in sured for 250000 as collateral 6 Total value of said mortgaged premises car riedinside 30000 00 9 Total par and market value of stocks and bonds owned ab solutely by the company carried out at market value 337685 00 2 Cash in companys principal office 2775 94 43 Cash belonging to the company deposited in bank Real Estate Trust Co 1240796 Knickerbocker Trust Co 1006087 Me chanics and Traders Bank 26500 total 22733 83 Total cash items 25 509 77 17 Cash in hands of agents and in course of trans mission 30821 48 Total assets of the company actual cash market value 396516 25 IIILIABILITIES 2 Gross losses in process of adjustment or in suspense including all reported and sup posed losses 3253 58 4 Total gross amount of claims for losses 3253 58 6 Net amount of unpaid losses 3 253 58 7 Gross premiums without any deduction re ceived and receivable upon all unexpired plate glass risks running one year or less from date of policy 248 168 36 Unearned premiums fifty per cent 124084 18 8 Gross premiums without any deduction re ceived and receivable upon all unexpired plate glass risks running more than one year from date of policy 637263 unearned pre miums pro rata 4 qob 75 11 Total unearned premiums as computed above carried out 128090 93 14 Amount of dividends declared but not yet due 500000 17 Due and accrued for salaries rent advertising and for agency and other miscellaneous expenses 466 67138440 SO 100000 00 158075 45 454 COMPTROLLERGENERALS REPORT 19 All other demands against the company absolute and con tingent due and to become due admitted and contested viz Return premiums 1629 62 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 396516 25 IVINCOME DURING THE YEAR On P G Risks 1 Gross premiums and bills in course of collec tion at close of last previous year as shown by that yeats statement 43611 00 3 Net collected 43611 00 4 Gross premiums on risks written and renewed duringtheyear 319477 20 5 Total 363088 20 6 Deduct premiums and bills in course of collec tion at this date 48995 46 7 Entire premiums collected during the year 314092 74 8 Deduct reinsurance and return premiums 66013 45 9 Net cash actually received for premiums carried out 248079 29 11 Received for interests and dividends on stocks and bonds collateral loans and from all other sources 12193 14 12 Income received from all other sources omitting increase if any in value of securities viz Rents 156 35 Total 260428 78 15 Aggregate amount of income actually received during the year in cash 260428 78 VEXPENDITURES DURING THE YEAR On PGRisks 1 Gross amount actually paid for losses includ ing 401273 losses occurring in previous years 142195 54 2 Deduct all amounts actually received for sal vages whether on losses of the last or of previous year 1285445 and all amounts actually received for reinsurances in other companies 5 total deductions 12854 45 3 Net amount paid during the year for losses 129341 09 4 Cash dividends actually paid stockholders amount of stockholders dividends declared during the year 10000 00 6 Paid for commissions or brokerage 78583 89 7 Paid for salaries fees and other charges of officers clerks agents and all other employes 34666 86COMPTROLLERGENERALS REPORT 8 Paid for State national and local taxes in this and other States 9 All other payments and expenditures viz Rnnts adver tising stationery and printing and general expense Aggregate amount of actual expenditures during the year in cash Business in the State of Georgia During the Year Plate Glass risks written Premiums received gross Losses paid Losses incurred 455 9217 92 13373 05 275181 81 BUSINESS IN GEOKGIA FOR YEAR ENDING APRIL 30 1901 Risks written during the year Premiums Losses Tax Plate Gloss 51239 44 1179 35 597 33 597 3 47574 58 1222 15 734 88 12 22 OCEAN ACCIDENT AND GUARANTEE CORPORATION LIMITED FIRE INSURANCE COMPANY OF LONDON ENGLAND Oscar Ising General Manager Principal office 346 Broadway New York City Harrison V Godbold Attorney for Service in Georgia IIASSETS 9 Total par and market value of stocks and bonds owned absolutely by the company carried out at market value 1310000 00 1358832 oO 12 Cash in companys principal office 2398 00 13 Cash belonging to the company deposited in bank Brown Bros Co 59 Wall street NewYork 27874 29 Nat Com Bank Albany New York 98 10 Total cash item 15 Interest due and accrued on stocks not included in mark et value uncollected 17 Cash in hands of agents and in course of transmission 30370 39 8217 50 41791 90 Total assets of the company actual cash market value 143921229 IIILIABILITIES 2 Gross losses in process of adjustment or in suspense in cluding all reported and supposed losses 54040 s456 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 unearned pre miums fifty per cent 243 097 fl 8 Gross gremiums without any deduction re ceived and receivable upon all unexpired fire risks running more than one year from date of policy unearned pre miums pro rata lg 91 11 Total unearned premiums as computed above carried out 259569 38 Total 23 Surplus beyond capital and all other liabilities 24 Aggregate amount of all liabilities including capital paid up and net surplus 313616 26 1125596 03 1439212 29 IVINCOME DURING THE YEAR 1 Gross premiums and bills in course of collec n ks tion at close of last previous year as shown by that years statement 4 Gross premiums on risks written and renewed during the year 5 Total 6 Deduct premiums and bills lection at this date in course of col 2740 00 578 096 25 580836 25 56475 52 524360 73 54220 54 470140 19 7 Entire premiums collected during the vear 8 Deduct reinsurance and return premiums 9 Net cash actually received for premiums carried out 11 Received for interests and dividends on stocks collateral loans and from all other sources 12 Income received from all other source omitting increase it any in value of securities 15ATafitnecaZUnt0finCOme ECtUalIy during the VEXPENDITURES DURING THE YRAR 1 Gross amount actually paid for losses includ n a HkS mg losses occurring in previous years 69302 33 6 SdTUnt P8iddurin the year for losses J3 6 Paid for commissions or brokerage 7 Paid for salaries fees and other charges of officers clerks agents and all other employees 8 StatesState Dati0nal 8nd l0Ca taxesin this andother 470140 19 40335 09 3281 25 513756 53 69302 33 104812 36 32737 84 7654 60COMPTROLLERGENERALS REPORT 457 9 All other payments and expenditures viz Agents ex penses 672338 inspections 137924 rent 457490 legal 627965 furniture and fixtures 342637 adver tising 57520 printing and stationery 1291978 sub scription mercantile 215500 postage 203680 U S revenue 286695 general expenses 528078 travel ing 698707 exchange 25412 Inv brokerage 41250 Inv interest 310834 58980 08 Aggregate amount of actual expenditures during the year in cash 273487 21 Business in the State of Georgia During the Year Fire marine and inland risks written 230750 00 Premiums received gross 2 85 11 Losses paid 99 97 Losses incurred ggg 97 BUSINESS IN GEORGIA FOR YEAR ENDING APRIL 30 1901 Risks written during the year 283750 00 Premiums 3408 98 Losses 180 63 Tax 34 09 PACIFIC SURETY COMPANY OF CALIFORNIA Wallace Everson President A P Redding Secretary Home Office 326 Montgomery Street San Francisco California H S Jackson Atlanta Attorney for Service in Georgia icapital stock 1 Amount of capital stock au thorized 25000000 sub scribed for 250000 00 2 Amount of capital paid up in cash 250000 00 Amount of net ledger assets December 31st of previous year 297481 01 Extended at 297481 01 iiincome during year 1900 As Shown by Books at Home Office December 31st and Surety Mate Glass Steam Boiler 1 Gross premiums un paid Dec 31st last year paid 1619 57 107143 1139 00 2 Grosspremiumswrit ten and renewed during year 49313 87 6213 23 5559 68 Total 50933 44 7284 66 6698 68458 COM PTROLLERGENERALS REPORT 3 Deduct gross pre miums now in course of collection 7531 78 4 Entire premiums col lected during the year 43401 66 5 Deduct reinsurance abatement rebate and return pre miums 2431 50 2921 32 4363 34 646 83 598 35 6100 35 142 15 6 Net cash actually re ceived for pre miumscarriedout 40970 16 3716 51 5958 20 8 Interest on loans on mortgages of real estate 9 Interest on savings bank deposits 10 Interest on bonds and dividends on stocks 11 Interest upon other debts due the company and on deposits in bank 12052 90 2390 88 3014 40 254 82 Total interest 13 From inspection fees 14 Income from all other sources viz Oash recovered from losses paid in previous years Profit and and loss cash over 217 50 266 53 7 50 Total income during the year Sum IIIDISBURSEMENTS DURING YEAR 1900 As Shown by Books at Home Office December S tat anddarety Steam Boiler 1 Gross amount paid for claims except ing weekly indem nity 1841 90 Tota 3 Deduct reinsurances salvages and recov eries on losses pre viously paid Net paid policy holders 1841 90 359 15 1596 20 1596 20 none 8c0 86 850 86 1482 75 1596 20 850 86 Stockholders for interest or dividends amount declared during the year 1500000 50644 87 17713 00 491 53 68849 40 866330 4L 3929 81 15000 00 COMPTROLLERGENERALS REPORT 459 5 Commissions or brokerage to agents less received on reinsurance 5701 37 6 Salaries traveling and all expenses of agents and agencies not on commission account 1455 23 7 Medical examinerss fees and salaries none inspections 211490 2114 90 8 Salaries and all other compensation of of ficers 1020000 and home office em ploes 323725 25 I Taxes on premiums 54 27 taxes on mort gages 275861 insurance department fees and agents licenses 53518 munici pal licenses none tax on franchise 12282 war tax 38853 3759 41 10 Rent including none for companys use of own building less none from subleases 1440 00 11 Legal expenses 299158 real estate re peairs and expenses other than taxes none 299158 12 Furniture and fixtures none advertising 110889 printingand stationery 88930 1998 19 14 All other items viz General office rx pense 03 Total miscellaneous expenses 49843 96 Total disbursements 53773 77 Balance 312556 64 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 unincumbered 372146 incumbered none 3721 46 2 Mortgage loans on real estate including in terest due and charged first liens 166 11103 other than first liens none 16611103 3 Savings Bank deposits 52931 81 4 Book value of bonds excluding interest none and stocks none 7728 7o 5 Cash in companys office 22990 deposited in banks 9874 70 Wells Fargo Cos Bank San Frrncisco 318872 First Na tional Bank San Francisco 316400 Crocker Woolworth National Bank San Francisco 352198 10104 60 Total 312597 65 DEDUCT LEDGER LIABILITIES 8 Agents credit balances none borrowed money none all other 4101 4l ol Total net ledger assets as per balance on page 1 312556 64460 COMPTROLLERGENERALS REPORT 788 60 960 30 903 04 NONLEDGER ASSETS 10 Interest due none and accrued 78860 on mortgages 11 Interest due none and accrued 93030 on bonds and stocks 12 Interest due none and accrued 90304 on Savings Bank deposits 15 Total outstanding interest 16 Market value of real estate over book value 17 Market value of bonds and stocks over book value not in cluding interest in item 11 38 Gross premiums in course of collection to wit Unpaid Not over 3 commissions months due thereon Fidelity and surety 5009 13 Plate glass 24S7 70 Steam boiler 528 33 Net pre miums 500 93 4508 20 746 30 1741 40 52 83 475 50 More thau 3 months due not carried iu 2522 65 8025 16 1300 06 6725 10 Total net not over 3 months due Oross assets DEDUCT ASSETS NOT ADMITTED Total admitted assets V NONLEDUER LIABILITIES Fidelity and surety Steam boiler In process of adjustment 2500 00 1 Total gross amount of claims S Net amounts of unpaid claim account 2500 00 2500 00 Resisted by com pany on account Employers Not Outlawed 1700 00 1700 00 Aggregate of unpaid claims and expenses 4 Gross premiums upon all unexpired risks running one year or less from date of policy Fidelity and surety pre miums 4301742 unearned por tion 50 per cent 21608 71 1700 00 2651 94 278 54 3161 80 6725 10 32374 02 325374 02 4200 00 COMPTROLLERGENERALS REPORT Plate glass premiums 570441 un earned portion 50 per cent 2852 20 Steam boiler premiums 255468 un earned portion 50 per cent 1277 34 Total one year or lesss 25638 25 5 Gross premiums upon all unexpired risks runnning more than one year from date of policy Steam boiler 1901 premiums 118960 un earned premium pro rata J 198 27 Steam boiler 1902 premiums 2 69225 unearned premium pro rata 1346 1 Steam boiler 1903 premiums 2 79000 unearned premium pro rata 2325 00 461 Total more than one year 3869 40 6 Total unearned premiums as computed above carried out Total amount of all liabilities 12 Jointstock capital actually paid up in cash 13 Surplus beyond capital and other liabilities 29507 65 250000 00 41666 37 3707 65 291666 37 Total 325374 02 Business in the State of Georgia During the Year Plate glass Aggregate Risks Written Premiums Received Amount at risk end o Year 1333 00 40 00 1333 00 1333 00 40 00 1333 0J BUSINESS IN GEORGIA POK YEAR ENDING APRIL 30 1901 Risks written during the year Premiums Losses Tax 9335 00 65 00 65 PREFERRED ACCIDENT INSURANCE COMPANY OF NEW YORK Phineas C Lownsbury President Kimball C Atwood Secretary Principal Office 290 Broadway N Y J S Owens Atlanta Attorney for Servics in Georgia I CAPITAL 1 Whole amount of capital stock 200000 00 200000 00 2 Amount paid up in cash 200000 00462 COMPTROLLERGENERALS REPORT IIASSETS 9 Total par and market value of stocks and bonds owned absolutely by the company carried out at market value 594650 U0 637145 00 12 Cash in companys principal office 5875 85 13 Cash belonging to the company deposited in bank 164872 61 Total cash items 170748 46 15 Interest due and accrued on stocks not included in market value uncollected 2788 15 17 Cash in hands of agents and net premiums in course of trans mission 88550 00 Total assets of the company actual cash market value 899231 61 IIILIABILITIES 2 Gross losses in process of adjustment or in sus pense including all reported and supposed losses 61000 00 0 Losses resisted including interest costs and other expenses thereon 17000 00 4 Total gross amount of claims for losses 78000 00 6 Net amount of unpaid losses 78000 00 7 Gross premiums without any deduction received and receivable upon all unexpired fire risks running one year or less from date of policy 801049 24 Unearned premiums fifty per cent 400524 62 Special premium reserve 29542 16 Total unearned premiums as computed above carried out 430006 78 Due and accrued for salaries rent advertising and for agency and other miscellaneous expenses 2723 35 Total 510790 13 Total amount of all liabilities except capital stock scrip and net surplus 200000 00 Surplus beyond capital and all other liabilities 188441 48 Aggregate amount of all liabilities including capital paid up and net surpl us 899231 81 IVINCCOME DURING THE YEAR 1 Net ledger assets Dec 31 1899 738596 62 Accident 2 Gross premiums unpaid Dec 31 last year 92784 60 3 Gross premiums on risks written and renewed during the year1125301 75 4 Total 1218086 35 5 Deduct gross premiums in course of collectim at this date 126500 00 6 Entire premiums collected durin the year1091586 35 7 Deduct reinsurance abatement rebate and re turn premiums 428 32 11 17 20 23 24 COMPTROLLERGENERALS REPORT 463 9 Net cash actually received for premiums carried out 1085o8 03 11 Received for interests and dividends on stocks and oonds col lateral loans and from all other sources Jh41 12 Income received from all other sources omitting increase if any in value of securities 800 00 To Aggregate amount of income actually received during the year in cash vEXPENDITURES DURING THE YEAR Accident Gross amount paid for matured claims other than weekly indemnity 63110 51 Gross amount paid for weekly or other periodical indemnity 285275 94 Total 34838645 Net paid policyholders To stockholders for interest or dividends For commissions to agents For salaries traveling and all expenses of agents and agencies not on commission For medical examiners fees and salaries 165752o for inspection 273775 For salaries and all other compensation of officers 2400000 and home office employees 51 78550 taxes on premiums 985025 insurance de partment fees and agentslicenses 562800 348386 45 12000 00 347153 04 account 39925 75 19313 00 75785 50 For municipal licenses 122520 franchise tax 18500 00 4227 65 2237 65 49675 75 35359 47 622987 49 971373 94 3145625 For rent less 1850000 received under sublease For legal expenses For furniture and fixtures For advertising 2175025 and general printing and stationery 2792550 All other expenses Total miscellaneous expenses Total disbursements Business in the State of Georgia During the Year Risks 6781000 00 Fire marine and inland risks written 19008 75 Premiums received gross 7392 44 Losses paid 7992 44 Losses incurred BUSINESS IN GEORGIA FOR YEAR ENDING APRIL 30 1901 9398200 00 Risks written during the year 19342 50 Premiums 5876 28 Losses 193 42 Tax464 COMPTROLLERGENERALS REPORT THE PENNSYLVANIA CASUALTY COMPANY W W Watson President w h kvd a r 1 Kingsbury Secretary Principal office 701703 Cornell Building Scranton Pa AVm A Wright Ins Com Attorney for Service in Georgia ICAPITAL STOCK 1 Amount of capital stock paid UP in cash 100000 00 Amount of surplus paid up in cash 50000 00 Amount of net ledger assets December 31 of previous year 49 601 6 Extended at 149601 66 II INCOME DURING YKAR 1900 As Shown by books at Home Offic December 31 Com Ac Employ cident Accidnt ersLia Health J11ess pllte Steam Kleva hility and Work Glass Boiler tor Collec 1 Gross premiums tlve unpaid Decem ber 81 last year 31191 7160 00 482100 no 2 Gross premiums w io 00 on risks written and renewed during the year 8874 23 54854 03 r125 36 9216 17 61514 03 7125 86 477 52 39 II 8319 17 5301 52 S9 99 8351 47 88 Tl 5208 86 1908 SO 4300 50 39 99 1710 92 Total 3 Deduct gross Premiurns In course of collec tion at this date 4 Entire prem i ii m s collected BDd1uoVrte 8a7 M 6635 M686 1643 55 ance abatement rebate and re turn premiums 46 60 3622 15 4 890 50 690 50 6 Net cash actu ally received for Premiums car ried out 8350 86 52688 02 5210 86 1001 02 i 10 Interest upon other debts due the company and on deposits in bunk Total interest 653 00 IS 12 5054 23 15 Total income actually received during the year in cash Aggregate last balance and income 604 88 69178 85 5054 23 4583 08 224134 74 1 Gross amount psid for matured claims other than weekly indem nity HIDISBURSEMENTS DURING THE YEAR As Shown by Books at Home Office December 31 Com Accident Accident ft Health V1 ins Jjiauillty aiK7 wor co lectlve 2i lie ts 200 00 Mlltf COMPTROLLERGEiNERALS REPORT 2 Gross amount paid for weekly or other peri odical indemnity 1757 95 1409 95 Total 1757 95 aSHS 35 1409 95 Net paid policyholders 747 62 947 62 5 Commission to agents 6 Salaries traveling and all expenses of agents and agencies not on commission account 7 Medical examiners fees and salaries 25070 inspection 78147 8 Salaries and all other compensation of offi cers 079997 and home office employes 632798 Taxes on premiums taxes on prop erty S insurance department fees and agentslicenses 37763 municipal licenses Rent including for companys occu pancy of its own buildings Legal expenses 304963 real estate ex penses taxes on property 12 Furniture and fixtures 13 Advertising 101689 and general printing and stationery 236423 All other items viz General expense 107918 internal revenue 45748 post age 25804 Plant good will and business of American Mutual Indemnity Co Total miscellaneous expenses Total disbursements 9 10 11 15 12171 67 4002 61 1032 17 13127 95 377 63 900 00 3049 63 499 94 3411 12 1795 30 15273 24 16 465 32233 87 55641 26 87875 13 IVASSETS As per Ledger Accounts Shown by Books at Home Office December 31 3 Loans secured by pledge of bonds stocks or other marketable collaterals 4 Book value of bonds and stocks owned ab solutely 5 Cash in companys office 0 Cash deposited in banks 7 Bills receivable secured 22165 unse cured 8 Agents debit balances secured 77059 unsecured 9 All other items viz Special deposit with insurance department of Pennsylvania interest 3 per cent Loans bearing interest Accounts receivable 2450 00 17000 00 1090 95 5446 82 221 65 770 59 100000 00 9375 00 237 26 30 ci Total 136592 27466 COMPTROLLERGENERALS REPORT DEDUCT LEDGER LIABILITIES 10 Agents credit balances 33266 borrowed money all other 332 66 11 Total net ledger assets per balance on page 1 OTHER OR NONLEDGER ASSETS 13 Interest due and accrued on bonds and stocks 14 Interest due and accrued on collateral loans 15 Interest due and accrued on other assets 60 00 5 70 17 Total outstanding interest 20 Gross premiums in course of collection to wit Premiums UnPaid Commis iremiums sions thereon 21 Accident 22 Employers 1 i a bility 23 Health 24 Com A and 1 26 Plate glass 27 Steam boiler 28 Elevator insur ance 818 71 245 63 5208 86 593 79 1908 50 705 69 4300 50 1746 18 39 99 15 95 1710 92 329 64 37 50 Net 573 OS 4615 07 1202 81 2551 82 24 04 1381 28 37 50 29 Total gross out standing premi ums per item 3 of income Total net amount of out standing premiums not 14024 98 over 3 months due 36259 6t 91 45 10388 10 30 Total assets as per the books of the company I Hi 39 16 DEDUCT ASSETS NOT ADMITTED AND FOR DEPRECIATION 9 Total admitted assets 146739 16 NONLEDGER LIABILITIES Tot adj nClaim In Process Reported f fses ustd not or adjust Proofs w uSSST to Accident Employrs liability Health Com AI 1 Ttal gross amount of claims 3 Net amnts of unpaid claim ac count paid 284 SI 1770 00 CO 00 111 II 1317 60 t liled account settlements 82 57 3050 00 753 3 6482 OH 1535 00 2178 25 1817 BO 3S85 91 6432 00 2176 25 1317 60 3885 91 8482 00 Aggregate of unpaid claims and expenses 1585 oo 15346 6 COMPTROLLERGENERALS REPORT 4 Gross premiums upon all unexpired risks running one year or less from date of policy Unearned por Accident Employers liability Health Com A and I Plate glass Steam boiler Elevator insurance Workmans collective Premiums tion 50 per cent 9716 95 1683 95 02764 03 7238 38 7125 36 2533 14 4824 00 1749 07 39 99 17 63 527 00 197 21 658 00 87 20 477 52 Total one year or less 13506 58 5 Gross premiums upon all unexpired risks running more than one year from date of policy Employers liability Steam boiler Elevator insurance Jiniums 100 00 Unearned Premiums pro rata 98 20 3040 47 2319 42 160 00 114 81 Total for term policies 2 532 43 Total unearned premiums as computed above carried out 11 467 16039 01 Total amount of all liabilities except capital stock 31385 77 Joint stock capital actually paid up in cash 100000 00 Surplus beyond capital and other liabilities 15353 39 115353 39 Surplus paid in 50000 00 Less general deficit year 34646 61 13 Aggregate amount of all liabilities including paid up capital stock and net surplus 146739 16 STANDARD LIFE AND ACCIDENT INSURANCE OOMPANV OF DETROIT MICH 1 M Ferry President E A Leonard Secretary Principal Office 119 Griswold street A L Waldo Atlanta Attorney for Service in Georgia ICAPITAL 1 Whole amount of capital stock 250000 00 250000 00 2 Amount paid up in cash 250000 00 n ASSETS 1 Market value of real estate owned by the company less the amount of encumbrances thereon 87 930 43 2 Loans on bond and mortgage duly recorded nnd being lirst liens on the fee simple 255 687 00468 12 13 18 4 6 11 17 18 21 23 24 COMPTROLLERGENERALS REPORT Interest due on all said bond and mortgage loans 170412 interest accrued thereon f 1034498 total 1204910 Total par and market value of stocks and bonds owned ab solutely by the company carried out at market value Cash in companys principal office 478 77 Cash belonging to the company deposited in bank Peoples Savings Bank Detroit Mich 9550597 Philadelphia Security Co Philadelphia Pa 71773 total 96223 70 Total cash items Cash in hands of agents and in course of transmission Bills receivable not matured taken for lire marine and inland risks Net premiums in course of collection accident 8 121389 99 liability 43539 94 health 15892 70 Total assets of the company actual cash market value Deduct assets not admitted 12049 10 522031 00 96702 47 502 00 322 50 180822 63 1156047 13 824 50 1155222 63 IIILIABILITIES Gross losses in process of adjustment or in sus pense including all reported and supposed losses 68085 00 Losses resisted including interest costs and other expenses thereon 112440 00 Total gross amount of claims for losses 180525 00 Net amount of unpaid losses 180525 00 Total unearned premiums as computed above carried out 506484 75 Due and accrued for salaries rent advertising and for agency and other miscellaneous expenses 3157 62 Return premiums 841760 reinsurance 1276149693 74 Total 699861 11 Joint stock capital actually paid up in cash 250000 00 Surplus beyond capital and all other liabilities 205361 52 Aggregate amount of all liabilities including capital paid up and net surplus 1155222 63 IVINCOME DURING THK YEAR Accident Gross prems and bills in course of collection at close of last previ ous year as shown by that years statemnt 194230 61 Net collected 194236 64 Liability 61716 03 61716 03 Health 14507 30 14507 30 4 Gross premiums on risks written and re newed during the year 828486 35 486050 00 71309 87 5 Total1022672 99 547766 03 85817 17 nmmmmm COMPTROLLERGENERALS RErORT 469 6 Deduct premiums and bills in course of col lection at this date 167434 47 60055 09 21920 96 7 Entire premiums col lected during the year 855238 52 487710 94 63896 21 8 Deduct reinsurance and return premiums 17582129 4205131 10305 71 9 Net cash actually re ceived for premiums carried out 679417 23 445659 63 53590 50 10 Received for interest on bonds and mortgages 12984 16 11 Received for interests and dividends on stocks and bonds 1871159 12 Income received from all other sources omitting increase if any in value of securities viz Rents 67652 18 1178067 36 Total 99347 93 15 Aggregate amount of income actually received during the year in cash 127S015 29 VEXPENDITURES DURING THE YEAR 3 Net amount paid during the year for losses 528787 78 4 Cash dividends actually paid stockholders amount of stock holders dividends declared during the year 10000 00 5 Salaries traveling and all expenses of agents not on commis sion account 43813 36 i Paid for commissions or brokerage 323574 50 7 Paid for salaries fees and other charges of officers clerks agents and all other employes 52642 54 8 Paid for State national and local taxes in this and other States including licenses 33758 71 9 All other payments and expenditures viz Medical fees 261950 inspections 1034975 rent 864425 real estate repairs and taxes 169864 legal expenses 6 L6279 furniture 89505 advertising 606770 print ing and stationery S07134 postage telegraph and express 616013 traveling expenses of officers and home office employes 447650 adjusting 1097625 general expenses 467620 profit anil loss 100306 revenue 727655 total 79137 71 Aggregate amount of actual expenditures during the year in cash 1071714 03 Business in the State of Georgia During the Year Health Accident Aggregate Risks written 40666 00 1704450 00 1745110 00 Premiums received gross 813 53 17266 52 18080 25r 470 COMPTROLLERGENERALS REPORT Losses paid 254 27 19211 24 19465 51 Losses incurred 254 27 19211 24 19465 51 BUSINESS IN GEORGIA FOR YEAR ENDING APRIL 30 1901 Risks written during the year 2220400 00 Premiums 21435 37 Losses 2ii 593 29 Tax 214 35 THE U S BRANCH OF THE THAMES AND MERSEY MARINE IN SURANCE COMPANY LDT OF LIVERPOOL ENGLAND H K Fowler Manager and Principal Agent in the United States Principal office United States 69 Wall St New York City A L Faril Savannah Attorney for Service in Georgia ICAPITAL 1 Whole amount of capital stock 10000000 00 2 Amount paid up in cash 1000000 00 IIASSETS 9 Total par and market value of stocks and bonds owned absolutely by the company carried out at market value 533190 00 12 Cash in companys principal office 6 16 13 Cash belonging to the company deposited in bank National City Bank 5188 68 Total cash itemsTTTTTTZT 5194 84 17 Gross premiums in course of collection not over three months due 75114 31 18 Gross premiums in course of collection not over three months due carried in 790 35 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 Fire mans Fund 1466 M SLloyds 1876 Indemnity M M 16276 Western Assurance 67559 St Paul F M 4601 London Assurance 38309 Prov Washington 3257 Security 755 total 1340 99 Total assets of the company actual cash market value 614840 14 IIILIABILITIES 2 Gross losses in process of adjustment or in suspense including all reported and sup posed losses 114660 00 3 Losses resisted including interest costs and other expenses thereon 18000 00 4 Total gross amount of claims for losses 132660 00 5 Deduct reinsurance thereon 9715 00 6 Net amount of unpaid losses 122 945 00 COMPTROLLERGENERALS REPORT 471 191031 35 423808 79 614840 10 Gross premiums without any deduction received and re ceivable on all unexpired marine risks 52419 45 19 All other demands against the company absolute and con tingent due and to become due admitted and contested viz Commissions due brokers 5565728 reinsurance premiums due other companies 1000962 total 15666 90 20 Total amount of all liabilities except capital stock scrip and net surplus 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 col lection at close of last previous year as shown by that years statement 137608 99 2 Deduct amount of same not collected 629 20 3 Not collected 136979 79 A Gross premiums on risks written and renewed during the year 591716 16 5 Total 728695 95 6 Deduct premiums and bills in course of col lection at this date 75275 46 7 Entire premiums collected during the year 653420 49 s Deduct reinsurance and reurn premiums 97376 24 9 Net cash actually received for premiums carried out 556014 25 11 Received for interests and dividends on stocks and bonds collateral loans and from all other sources 15000 00 15 Aggregate amount of income actually received during the vear in cash 571014 25 VEXPENDITURES DURING THE YEAR On Marine and Inland Risks I Gross amount actually paid for losses in cluding 10772114 losses occurring in pre vious years 313320 31 2 Deduct all amounts actually received for sal vages whether on losses of the last or of previous year 1834927 and all amounts actually received for reinsurances in otner companies 10106370 total deductions 120013 03 Net amount paid during the year for losses 193307 28 Paid for commissions or brokerage 45522 39 Paid for salaries lees and other charges of officers clerks agents and all other employees 29528 78472 COMPTROLLERGENERALS REPORT 8 Paid for State national and local taxes in this and in other A1ft8tf 1374S 05 9 All other payments and expenditures viz Bent sta tionery postage cablegrams etc 12 159 ig 10 American branches of foreign companies will please report amount sent to home offices during the year 287 009 30 Aggregate amount of actual expenditures during the year in cash 5S 274 Business in the State of Georgia During the Year Marine and Inland Risks 954772 00 3124 74 BUSINESS IN GEORGIA FOR YEAR ENDING APRIL 30 1901 Risks written during the year 263 264 00 Premiums 4130 66 Tax 4i i Fire marine and inland risks written Premiums received gross THE TRAVELERS INSURANCE COMPANY OF CONNECTICUT James G Batterson President John E Morris Secretary Home Office 56 Prospect street Hartford Conn W A Wright Atlanta Ga Attorney for Service in Georgia ICAPITAL STOCK 1 Amount of capital stock au thorized 1000000 00 sub scribed for1000000 00 2 Amount of capital paid up in cash 000000 00 Amount of net ledger assets December 31st of previous year 4799284 10 Extended at 4799284 10 IIINCOME DURING YEAR Ax Shown by Books it Home Office December Slat Employers Accident Liability Health 4 Entire premiums col lected during the year 217671821 1304146 20 68451 11 5 Deduct reinsurance abatement rebate and return premiums 38209 84 60201 OS 812 04 6 Net cash actually re ceived for premiums carried out 2143508 37 124304 12 07019 07 345092 50 10 Interest on bonds and dividends on stocks 200859 79 COMPTROLLERGENERALS REPORT 473 10086 89 11 Interest upon other debts due the com pany and on deposits in bank Total interest 210940 68 12 Profit on sale or maturity of ledger assets during the year over book values 46768 18 14 Income from all other sources viz Profit and loss 3366 75 50134 93 Total income during the year 3710174 17 Sum 8515458 27 IIIDISBURSEMENTS DURING YEAR As Shown by Hooks at Home Office December 31st Employer Accident Liability Health 1 Gross amount paid for claims except weekly indemnity 337173 98 364434 59 2 Gross amount paid for weekly or other peri odical indemnity 602035 54 Total 18879 11 Deduct reinsurances salvages and recover ies on losses previous ly paid Surrender values paid 999209 52 304434 59 18879 11 1902 96 2803 62 997306 56 1439 44 Net paid policyholders 998746 00 361570 97 18879 11 Expense of claim adjust ments 20115 55 139827 47 Total 159943 02 4 Stockholders for interest or dividends amount declared during the year 150 00000 150000 00 5 Commissions or brokerage to agents less received on reinsurance 955517 89 0 Salaries traveling and all expenses of agents and agencies not on commission account 88454 14 7 Medical examiners fees and salaries 45 43122 inspections 143815 59812 75 8 Salaries and all other compensation of of ficers 850000 and home office em ployees 310058574 109085 74 9 Taxes on premiums 4222906 U S rev enue 1952830 insurance department fees and agents licenses 889393 mu nicipal licenses 357005 tax on fran chise 206850 70295 84 1379H in474 COMPTROLLERGENERALS REPORT 10 Rent including for companys use of own building less from subleases 28i61 98 11 Legal expenses 23796 91 12 Furniture and fixtures 82046 advertis ing 3363393 printing and stationery 3111614 65570 53 14 All other items viz Express charges 6 08207 enpense 10289 18 exchange 181646 postage 1304707 31234 78 Total miscellaneous expenses 1748373 5S Total disbursements 3127569 66 Balance 5387888 61 IVLEDGER ASSETS As per Ledger Accounts Shown by the Books at Home Office at Clone of Business December 31 4 Book value of bonds excluding interest 247342922 and stocks 243595036 4909379 58 5 Cash in companys office 181173 depos ited in banks 47454010 476351 83 6 Agentsdebit balances 2157 20 Total 5387888 61 Total net ledger assets 5387888 61 NonLedger Assets 11 Interest due and accrued on bonds and stocks 43150 87 15 Total outstanding interest 43150 87 17 Market value of bonds and stocks over book value not including interest in item 11 555 ggo o Gross assets 5986841 60 Deduct Assets Nat Admitted Agents debit balances unsecured 2157 20 Total 2157 20 Total admitted assets 5984684 40 VNONIEDGER LIABILITIES Acaident Kinployers liability 3 Net amts of unpaid claim ac count In process Known or of Estimated adjustment Proofs not filed 47500 26572 47500 26572 Resisted by Compny on its own account Not outlawed 81500 Resisted for Employers 81500 623734 29 623734 29 i COMPTROLLER GENERALS REPORT 475 Aggregate of unpaid claims and expenses Includes 111684425 estimated expenses 4 Gross premiums upon all un expired risks running one year or less from date of pol icy Accident premiums 1415 43527 unearned portion 50 per cent 707717 04 Employers liability premi ums 92413146 unearned portion 50 per cent 462065 73 Health premiums 5072474 unearned portion 50 per cent 29862 37 779306 29 Total one year or less 1199645 74 5 Gross premiums upon all un expired risks running more than one year from date of policy Accident premiums 51 06810 unearned premium prorata 408266 08 Employers liability pre miums 2124081 un earned premium pro rata 13171 92 Total more than one year 421441 00 i Total unearned premiums as computed above car ried out 1621086 74 8 Salaries rent expenses taxes bills accounts fees etc due or accrued 85000 00 11 All other liabilities viz Special reserve liability de partment 250000 00 Total nmount of all liabilities 2735393 03 12 Joint stock capital actually paid up in cash 1000000 00 13 Surplus beyond capital and other liabilities 2249291 37 3249291 37 Total 5984684 40 Business in the State of Georgia Daring the Year Risks Premiums Losses Losses Amount at Risk Written Received Paid Incurred End of Year 12176716 00 40081 81 19516 67 19516 67 6697193 00 Accident Employers lia ability Health 895000 00 8343 14 4884 53 4884 53 3772 00 1615 43 385 14 385 11 742850 00 3281 64 Aggregate 13075488 00 50040 38 24786 34 24736 34 7443324 64476 COMPTROLLERGENERALS REPORT BUSINESS IN GEORGIA FOR YEAR EXDIXG APRIL 30 1901 Risks written during the year 13890500 0O Premiums 55132 57 Losses 24041 22 Tax 55 33 UNITED STATES CASUALTY COMPANY OF NEW YORK James W Hixkley President Edson S Lott Secretary Principal office 141 Broadway Hon W A Wright Attorney for service in Georgia ICAPITAL 1 Whoe amount of capital stock 300000 00 300000 00 2 Amount paid up in cash 300000 00 IIASSETS 1 Market value of real estate owned by the company less the amount of incumbrances thereon 5000 00 9 Total par and market value of stocks and bonds owned absolutely by the company carried out at market value 1 00034ii M 12 Cash in companys principal office 2i941 79 13 Cash belonging to the company deposited in bank The Bank of State of New York 790369 Central Trust Co 14126 Colo nial Trust Co 2453166 Morton Trust Co 28795 Old Colony Trust Co Boston 94852 InternatlTrusi Co Boston 800 00 Illinois Trust and Savings Bank Chicago 417144 Corn Exchange Bank Chicago 20000 The Marine Bank Buffalo 32799 Manufacturers and Traders Buffalot 20000 Trust Company of New York 1540000 Fallkill National Bank Poughkeepsie l0 total 55034 51 Total cash items g g gg 30 15 Interest due and accrued on stocks not included in market value uncollected 93 All other assets both real and personal viz Premiums in course of collection 7753090 less commissions 1938274 58148 16 Total assets of the company actual cash market value 1148 790 38 IIILIABILITIES 2 Gross losses in process of adjustment or in sus pense including all reported and supposed losses 30070 00 SASSSWS 11 17 19 21 23 8 9 II I COMPTROLLERGENERALS REPORT 477 Lose8 resisted including interest cost and other expenses thereon 61040 00 Total gross amount of claims for losses 98010 00 Net amount of unpaid losses 88010 00 Gross premiums without any deduction re ceived and receivable upon all unexpired risks running one year or less from date of policy 64845237 Unearned premiums fifty per cent 324226 16 Gross premiums without any deduction re ceived and receivable upon all unexpired risks running more than one year from date of policy 4923159 unearned pte mhims pro rata 2789036 Total unearned premiums as computed above carried out 352116 52 Due and accrued for salaries rent advertising and for agency and other miscellaneous ex penses 5000 00 All other demands against the company absolute and con tingent due and to become due admitted and contested viz reinsurance 165440 contingency fund 2700946 28663 86 Total 483790 38 Joint stock capital actually paid up in cash 300000 00 Surplus beyond capital and all other liabitities 365000 00 Aggregate amount of all liabilities including capital paid up and net surplus 1148790 3g IVINCOME DURING THE YEAH Gross premiums and bills in course of collec tion at close of last previous year as shown by that years statement 98441 74 Not collected 984 74 Gruss premiums on risks written and renewed during the year 1043931 36 Total 1142373 10 Deduct premiums and bills in course of collec tion at this date 77838 15 Entire premiums collected during the year 1064534 95 Deduct reinsurance and return premiums 254752 98 Net cash actually received for premiums car ried out S0978197 80978197 Received for interests and dividends on stocks and bonds collateral loans and from all other sources 30490 90 reate amount of income actually received during the year in cash 840272 87478 COMPTROLLERGENERALS REFORT EXPENDITURES DURING THE YEAR 3 Gross amount actually paid for losses including losses occur ring in previous years Deduct all amounts actually re ceived for salvages whether on losses of the last or of pre vious year 502140 and all amounts actually received for reinsurances in other compi nies 503277 total deductions Net amount paid during the year for losses Employers Liability Personal steam boiler auto accident matic sprinkler 136558 21 154852 11 958 34 9095 83 145756 28 135599 87 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 890246 legal expenses 1597095 furniture and fixtures 286057 advertising 28950 printing and stationery 147927 postage 742867 telegrams and telephone 257736 fees of directors 375500 internal revenue 540192 miscellaneous 648715 profit and loss ace uncollecta ble 13935 losses on ledger assets actually sold or ma tured under bank value 61250 total Aggregate amount of actual expenditures during the year in cash Business in the State of Georgia During the Year 28135li 15 220545 53 117374 72 13286 98 58727 22 6912H 60 Personal Accident Employers Liability Aggregate Risks written Premiums received gross Losses paid Losses incurred Risks 9709000 00 11828 88 467s 25 4256 25 Steam Boiler Automatic Sprinkler 1238000 00 7431 80 3402 05 3682 78 10947000 0 19260 68 8080 30 7939 0 BUSINESS IN GEORGIA FOR YEAR ENDING APRIL 30 1901 Risks written during the year ji g qq Premiums 19756 3S Jfsse 8469 21 Tax 197 66 TiHOTMi COMPTROLLERGENERALS REPORT 479 UNION CASUALTY AND SURETY COMPANY Edward Clupp President LeGrand L Atwood Secretary Home office Wainwright Building St Louis Mo 1 W Fielder Atlanta Ga Attorney for Service ICAPITAL STOCK 1 Amount of capital stock authorized 25000000 subscribed for 250000 00 2 Amount of capital paid up in cash 250000 00 Amount of net ledger assets December 31st of previous year Extended at 380088 46 IIINCOME DURING YEAR As Shown ly Books at Home Office Dec 31 Accident Employers Health Plate Glass Steam Liability Bjiler 1 Gross premiums unpaid Dec 31 last year paid 06184 71 59582 84 25264 20 4368 15 2 Gross premiums written nd renewed during year23716983 50178 56 15247 67 117111 19 15217 67 142375 39 4368 15 Total303354 54 109761 40 Deduct gross premiums now in course of col lection 45052 66 12 104 37 6713 67 28577 25 4 Entire premiums collec ted during the year 258301 88 976b7 03 8534 00 113798 14 4368 15 5 Deduct reinsuiance abatement rebate and return premiums 72812 42 31470 66 1646 27 21024 65 6 Net cash actually re ceived lor premiums carried out185489 46 66186 37 6887 73 92773 48 4368 15 8 Interest on loans on mortgages of real estate 0386 10 10 Interest on bonds and dividends on stocks 9719 35 Total interest 12 Profit on sale or maturity of ledger ussets during the year over book values 20 00 14 Income from all other sources viz Contri bution to surplus fund by stockholders 100000 00 Total incone during the year Sum HIDISBUBSEMENTS DTTBIKS YKAB Ax Shown by Books at Home Office Dec SI Accident Employers Health Plate Glats Liability 1 Gross amount paid for claims except ing weekly indem nity 23500 00 85114 79 46849 51 380088 46 355705 20 16105 45 100020 00 471830 852519 114 SO COMPTROLLERGENERALS REPORT 2 Gross amount paid for weekly or other periodical indemnity 67989 48 2463 54 101438 84 18360 22 28670 28 Total 91483 48 85114 79 2463 54 46849 54 Net paid policy holders 91483 48 85114 79 2463 54 46849 54 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 8 Salaries and all other compensation of officers 9700 and home office employees J8 87028 9 Taxes on premiums 5585 06 taxes on prop erty 133216 insurance dept fees and agents licenses 408856 municipal li censes 58409 11589 87 10 Ren 4l26 82 11 Legal expenses 12 Furniture and fixtures 957 02 advertising 183195 printing and stationery 705764 13 Losses on ledger assets actually sold or ma tured under book value Adjusting All other itms viz Telegraph 47239 revenue 1839 43 postage 175739 ex press 91608 general expenses 619921 Total miscellaneous expenses Total disbursements Balance 14 1186 46 9846 61 6943 25 11184 50 225911 35 113246 85 419158 20 438360 91 IVLEDGER ASSETS As per Ledger Account Shown by the Books at Home Office at Close of Business December 11 2 Mortgage loans on real estate first liens 89985 00 4 Book value of bonds 250 000 00 5 Cash in companys office 312365 deposited in banks 3831743 41 441 os Hanover National Bank New York City 3650000 German American Bank St Louis Mo 181743 6 Bills receivable 575747 agents debit bal ances 4617736 51 934 83 Total7 433360 91 Deduct Ledger Liabilities 9 Total net ledger assets as per balance on page 1 413360 91 sss iBKaannHar COMPTROLLERGENERALS REPORT NonLedger Assets 481 10 Interest accrued on mortgages 11 Interest accrued on bonds and stocks 2138 95 162 00 15 Total outstanding interest 17 Market value of bonds and stocks over book value 18 Gross premiums in course of collection towit Not over three Unpaid Com Net Premiums months due missn thereon Accident 45052 66 Employers liability 12104 37 Health 6713 67 Plate glass 28577 25 10010 53 2400 83 1341 73 6315 85 92447 95 20068 94 Total net not over three months due 35042 13 9703 54 5371 94 22261 40 72379 01 Total admitted assets VNONLEDGER LIABILITIES In process ol adjustment Accident 6050 00 Employersliability Health 525 25 Plate glass 2395 67 Resisted by Com pany on iis own account Not outlawed 5100 00 1 Total gross amount of claims 8970 92 5100 00 Estimated Ex penses inci dent to Set tlement 27500 00 27500 00 3 Net amounts of un paid claim account 8970 92 5100 00 27500 00 Aggregate of unpaid claims and expenses 4 Gross premiums upon all unexpired risks running one year or less from date of pol icy Accident premiums 7542358 unearned portion 50 per cent 37711 79 Health premiums 1357990 unearned portion 50 per cent 6789 95 Plate glass premiums 95080 28 unearned portion 50 per cent 47540 14 Total one year or less 92041 88 6 Total unearned premiums as computed above carried out 81 eg 2300 95 10000 00 72379 01 Gross assets 518040 87 Deduct Assets not Admitted 3 Agents debit balances unsecured 3527188 bills receivable unsecured 575747 41029 35 Total 41029 35 477011 52 41570 02 92041 88482 COMPTROLLERGENERALS REPORT 8 Salaries rent expenses taxes bills accounts fees etc due or accrued 1185 00 Total amount of all liabilities 134797 80 12 Joint stock capital actually paid up in cash 250000 00 13 Surplus beyond capital and other liabilities 92213 72 342213 72 Total 477011 52 General Interrogatories 1 Losses incurred during the year 225911 35 2 Total amount of the companys stock owned by the direc tors at par value 247300 00 Business in the State of Georgia During the Year Risks Premiums Losses Paid Losses Amount at Risk Written Received Incurred End of Year Accident509800 00 1658 70 541 9S 541 98 305880 00 Employers liability 550 70 550 70 Health 31500 00 112 00 103 00 103 03 Plate glass 880 00 43 16 3150 3150 Aggregate542180 00 1708 86 1227 18 1227 18 31500 00 880 00 338260 00 UNITED STATES FIDELITY AND GUARANTY COMPANY OF BALTIMORE MD John R Bland President Geo R Callis Secretary Home office 20 S Calvert St Baltimore Md McCandless Patterson Atlanta Attorneys for Service in Georgia icapital stock 1 Amount of capital stock authorized 1500000 00 2 Amount of capital paid up in cash 1500000 00 Amount of net ledger assets December 31st of previous year 1992277 92 Less collateral deposits acct surety bonds erroneously entered on last statement as income should have been deducted as ledger liability 36691 47 Extended at 1935586 45 IIINCOME during year s Shoivn by Books at Home Office December 3lst Fidelity Burglary and Surety 1 Gross premiums unpaid Dec 31 last year paid 171608 71 2 Gross premiums written and re newed during year 23376 77 961084 96 Total 23376 77 1132093 67 COMPTROLLERGENERALS REPORT 4 Deduct gross premiums now in course of collection 12316 17 Entire premiums collected dur ing the year 11060 60 Deduct reinsurance abatement rebate and return premiums 1473 49 8 9 10 11 Net cash actually received for premiums carried out 9587 11 Rents from companys property including for companys use of own building Interest on loans on mortgages of real estate Interest on collateral loans Interest on bonds and dividends on stocks Interest upon other debts due the company and on deposits in bank Total interest Profit on sale or maturity of ledger assets dur ing the year over book values Income from all other sources viz Sub scriptions to Dept Guaranteed Attorneys 1462 20 8622 32 21921 88 483 203628 65 929065 02 161843 21 767221 81 776808 92 4306 34 15 00 25675 79 30638 64 62097 97 30544 20 Total income during the year 869451 09 Sum 2825037 54 IIIDISBURSEMENTS DURING YEAR As Shown by Books at Home Office December Slst Burglary 2500 00 1 Gross amount paid for claims excepting weekly indemnity Total 3 Deduct reinsurances salvages and recoveries on losses pre viously paid 2500 00 Net paid policyholders 2500 00 4 Stockholders for interest or dividends amount declared during the year 5 per cent 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 examinersfees and salaries and in spections 8 Salaries and all other compensation of officers 2091988 and home office employees 47 32694 Fidelity and Surety 210259 97 210259 97 21844 88 188415 09 75000 00 177459 09 93472 64 6012 81 68243 82 188440 09484 COMPTROLLERGENERALS REPORT 9 Taxes on premiumsl 299542 taxes on prop erty 166636 insurance dept fees and agents licenses 1193132 municipal li censes 123352 tax on franchise 19 80563 47632 25 10 Rent including 1345611 for companys use of own building less 308333 from sub case 10372 78 11 Legal expenses 1870937 real estate repairs and expenses other than taxes 315188 21801 25 12 Furniture and fixtures 465652 advertising 1961450 printing and stationery 20 31107 44582 09 14 All other items viz Postage internal rev enue telegraph and telephone 2544270 expressage 306196 28504 66 Traveling expenses 640997 incidental developments 1507012 21480 09 Total miscellaneous expenses 595 224 4 Total disbursements 733 354 57 Balance 2041372 97 IVLEDGER ASSETS As per Ledger Accounts Shown by theBooks at Home Office at close of Business December lst 1 Book value of real estate unincumbered 138467 04 2 Mortgage loans on real estate first liens 300 00 3 Loans secured by pledge of bonds stocks or other collaterals 790 789 00 4 Book value of bonds and stocks 850918 11 5 Cash in companys office 903096 deposited in banks 25770956 266740 52 7 All other items viz Mortgage and other collateral taken acct salvage 51 659 39 Due for subscriptions Dept Guaranteed Attys 24673 32 Total 2123547 38 DEDUCT LEDGER LIABILITIES 8 Cash deposited for security of risks written 82 174 41 Total net ledger assets as per balance 2041 372 97 NOXLEDGER ASSETS 10 Interest due and accrued on mortgages 1 500 00 11 Interest due and accrued on bonds and stocks 10 620 96 MHBpBK COMPTROLLERGENERALS REPORT 485 12 Interest due and accrued on collateral loans 5672 21 13 Interest due and accrued on other assets 137 19 15 Total outstanding interest 17 Market value of bonds and stocks over book value not in eluding interest in item 11 18 Gross premiums in course of collection towit Not over three Unpaid eommis Months due sion thereon Burglary 12316 17 2463 23 Fidelity and Surety 203628 65 40725 73 16445 36 25623 64 Net Pre miums 9852 94 162902 92 215944 82 43188 96 Total net not over three months due 172755 86 172755 86 Gross assets 2256197 83 VNONLEDGER LIABILITIES Known or In process of estimated adjustment proofs not filed 8397 54 Fidelity and Surety 11722 94 1 Total gross amount of claims 11722 94 Resisted by company on its own ac count Not outlawed 10150 86 8397 54 10150 86 30271 34 3 Net amount of unpaid claim account 11722 94 8397 54 10150 86 Aggregate of unpaid claims and expenses 4 Gross premiums upon all unexpired risks running one year or less from date of policy Burglary 82186445 unearned portion 50 percent 10932 23 Fidelity and Surety 90085273 unearned portion 50 per cent 450426 37 Total one year or less 461358 60 6 Total unearned premiums as computed above carried out Total amount of all liabilities 12 Joint stock capital actually paid up in cash 13 Surplus beyond capital and other liabilities 1500000 00 264567 89 461358 60 491629 94 1764567 89 Total 2256197 83 Business in the State of Georgia During the Year Aral at risk end of year 6000 00 3487828 38 Premiums Losses in Risks Written received Losses paid curred Burglary 6000 00 5000 Fidelity Surety 4220490 07 16879 07 59761 59761 Aggregate 423249007 16929 07 BUSINESS IN GEORGIA FOR YEAR ENDING APRIL 30 1901 Risks written during the year4793859 4 Premiums Losses Tax 18964 39 189 64oHHHMMB INSURANCE DEPARTMENT TABLE No 1 Fire Insurance Companies Authorized to Transact Business in this iState for the Year 1901 dition is Shown to 1st of January 1900 Their General Con NAME OF COMPANY STATE Agriculturaln American JStna Atlanta Home British America Caledonian Citizens Commercial Union Continental Conneottcut Farmers Cooperative Fire Association Firemans Fund Georgia Home German German American Germania Glens Kalis Greenwich HamburgBremen Hanover Helvetia Swiss Hartford Home Imperial Insurance Company of N A Lancashire Lion Liverpool London and Globe Liverpool and London and Globe London Assurance New York New York Connecticut Georgia Canada Scotland Missouri England New York Connecticut Georgia Pennsylvania California Georgia Illinois New York New York New York New York Germany New York Switzerland Connecticut New York England Pennsylvania England England England New York England Assets Liabilities 2283558 42 1478229 12 133572 72 620672 67 1310063 10 1910617 iii 156220 20 3S5ll76 9 10638271 47 4081805 13 rn in 6340250 90 4013675 76 1005303 86 3714 001 52 8676281 31 4963100 48 3436899 05 1890 327 18 1586975 83 3lVI 779 l I 867637 37 11144674 93 13637883 58 1891357 in 95X3791 91 2308737 53 885010 7u 9804902 52 355381 SI 2117677 06 Surplus Beyond Cap tal and all Liabilities 1240017 87 76020 57 4047342 69 1023fir Hi 881605 34 1101382 62 123162 39 2418317 42 5127732 17 1989 234 12 4914201 82 1671807 61 297342 07 2239682 82 3408569 61 1687825 10 1009708 96 1189809 70 1087394 94 1674115 71 338510 12 6346495 12 5340331 09 1087385 43 4805254 35 1719855 II 511382 34 5096719 15 80436 79 l03S667 33 543540 55 312208 55 5309951 03 18306 71 428457 85 809235 04 133066 HO 1402759 50 4510539 30 2092661 01 926019 17 1841868 15 406021 79 1275221 70 4267711 70 2275975 38 2227190 09 200517 48 499580 485 663 30 529127 25 354S179 81 5297498 84 806972 17 1178537 59 598882 12 373658 36 170S153 37 74944 05 1409019 73 Income Expenditures Profit 991763 58 984403 52 4762208 66 95572 84 1240329 99 1298279 51 152645 46 2679855 74 4667620 36 2216030 67 2437 4 3181977 59 2098676 00 279877 95 1924409 62 3308035 69 1355577 24 1018290 S7 1526557 10 1367930 41 1845645 43 460376 02 7072931 65 5456895 1 I 1543833 11 6158267 23 1956303 71 592613 56 5332033 79 72638 49 1278498 04 957713 73 103679 34 4078739 17 198658 21 1245564 20 1322569 31 160776 04 2655908 8794922 58 1938453 88 1799 29 2989220 92 1939209 14 235633 18 1657612 63 2829536 19 1153839 10 831066 67 1502911 83 1291347 80 1814656 66 527965 9i 6886650 li 4651722 57 1552156 62 6754527 35 2068219 61 570962 02 5029447 61 54982 39 110083s o 31049 85 683469 49 23947 i 872697 78 307576 79 638 1 192758 67 1159466 86 44244 77 266796 99 478499 50 201738 14 187224 20 23645 27 76582 61 30938 77 186284 54 805172 57 703739 88 21651 51 302586 18 17656 10 171659 14 Loss 152315 82 GO 05 Q O K H to o fcl 103085 37 2 5234 21 B 25289 77 S3 8130 58 O H 2 H S3 cc S3 h TJ o S3 67589 33 H 8 82861 102915 90London and Lancashire Magdeburg Manchester Assurance Manhattan Mercantile Mutual National Niagara New Hampshire Norwich Union North British and Mercantile Northern Assurance Orient Pacific Palatine Pennsylvania Phoenix Assurance Phoenix Phoenix Queen Rochester German Royal Scottish Union and National Skandia Southern Mutual Springfield St Paul Sun Insurance Office Sun Traders Union Assurance Western Assurance AVestchester WilliamSDurg City England Germany England New Yorii New Jersey Connecticut New York New Hampshire England England England Connecticut New York England Pennsylvania England New York Connecticut New York New York England Scotland Sweden Georgia Massachusetts Minnesota England Louisiana Illinois England Canada New York New York Total 26110411 09 V 0140 30 1841008 85 830423 98 1168298 86 4861789 34 2899390 06 3414920 18 2352219 78 4348 614 87 2712877 84 2879038 33 72861 90 S92000 00 5337222 43 2 893 978 95 5 991704 88 5583494 2 4 751381 76 1205710 42 7187715 01 4217076 73 651354 1005566 43 5159623 4 2606392 12 2595074 1100648 22 2432197 10 1643662 5 2016370 79 2942761 01 2066299 6S 1700156 30 616101 12 1289405 40 292410 38 102829 07 2317919 63 1587551 85 1411665 10 1419291 82 2438498 90 1184923 93 1214996 17 461718 44 277508 56 2097228 9 3460925 21 2340944 32 1902177 90 433789 47 4698738 80 1993021 84 288924 58 138616 46 1840480 06 1 350396 42 1614553 82 285930 21 920299 04 919 S52 1377940 21 1423502 68 695405 06 919909 79 340339 18 551693 45 38013 55 91583 71 1533879 71 811835 21 11 03255 03 933017 96 1910115 97 1527953 91 661011 36 121143 46 802000 00 2162 183 8 796749 98 1533 779 64 1242649 93 2349203 86 571 920 95 2488976 21 2221054 89 362430 19 762623 36 1819143 4 725995 7 080520 91 314718 01 1011898 06 724310 28 638430 58 1219258 88 1120 SU4 62 225197393 37 110287228 26S 8400 914 51 1685870 30 885774 46 1139746 78 638495 03 198957 22 2932478 80 1759296 89 1169980 87 1758992 78 2803006 70 1303958 48 1342432 95 468462 68 892000 00 2133286 09 2354532 34 3436468 19 2991015 46 2104711 28 515755 43 4228906 71 2080072 88 312299 34 808916 57 2129421 21 1934740 52 1571866 80 446041 56 1184816 4 1183877 20 2028005 19 1650658 03 726212 71 S 120152619 95 1553438 61 897302 21 1395255 43 789946 32 63583 75 2625819 29 1690074 17 1371294 17 1787286 28 2688956 61 1275034 84 1426711 76 489133 04 132440 69 44491 35 1953489 12 2359841 46 3333483 42 2 807589 92 1915481 36 425793 55 4262105 52 2075619 81 108952 19 303664 10 1914462 75 1727122 59 1655344 82 415453 35 1078029 17 1216490 07 2063223 72 1516564 53 674 280 45 S 102737189 98 135373 47 306658 91 69222 72 98686 40 114050 06 28923 62 20670 36 892000 00 179796 9 5309 12 102914 77 183455 54 159232 92 89961 88 33198 81 4453 07 203317 15 5 252 47 214958 46 20617 93 83478 0 30588 21 106787 3J 131093 50 51032 26 11055037 23 11527 75 151451 29 28293 60 O o 84278 81 g 83 W o It1 f a to b H Z H E0 32612 87 CC 35218 53 pj H U S 815297 24 2 JO HTABLE No 2 Old Line Life Insurance Companies Authorized to Transact Business in this State for the Year 1901 Condition is Shown to 1st of January 1901 Their General NAME OF COMPANY STATK yFtnaLife Connecticut Equitable Fidelity Mutual Franklin Germania Hartford Home Illinois Manhattan Maryland Massachusetts Mutual Metropolitan Michigan Mutual Mutual Benefit Mutual Mutual Mutual Reserve Fund National National New England Mutual Northwestern Mutual New York Paciiic Prudential Penn Mutual Phoenix Mutual Provident Savings Connecticut Connecticut New York Pennsylvania Illinois New York Connecticut New York Illinois New York Maryland Massachusetts New York Michigan New Jersey Kentucky New York New York Washington D 0 Vermont Massachusetts Wisconsin New York California New Jersey Pennsylvania Connecticut iNew York Assets Liabilities on Policyholders1 Account Surplus on Policyholders Account 66092086 01 64965176 15 301073880 35 8378889 13 1010419 20 27378931 30 3125815 37 12342246 77 303X01 66 16169823 10 2094027 97 26245622 04 62158084 33 0793488 00 74815090 03 3018714 23 325753152 51 12263297 04 2446090 69 19901928 36 30924972 41 139512166 31 262196612 23 4059372 01 40699991 93 43850982 79 13283007 93 3890455 85 51026876 61 57773827 71 238460893 48 280S393 95 802508 13 23940510 38 2245628 66 11059058 47 183453 81 14660780 71 1781455 81 28920986 53 53413599 42 6443299 45 68186108 31 2827205 00 823313152 61 11658153 03 1491359 77 17897996 71 27881474 14 133945513 67 251876198 17 3731832 66 34189860 01 40636491 07 12715223 00 8424062 61 3315209 40 7191348 44 65612986 8 570445 li 207911 16 3438016 92 880186 71 1282688 80 19607 85 1509042 39 312572 16 2324035 51 8744434 91 35018s 56 6128986 191509 23 2440000 00 605144 01 954730 02 2003981 62 3043498 27 5666652 64 10320319 06 327539 35 441031 92 3214491 72 567784 03 406393 21 Income Expenditures 10611045 10 8046743 83 58007130 98 2333161 92 738327 44 4710790 01 2344205 33 2588303 92 331559 89 2794601 45 327187 77 5826109 80 33803256 86 1558991 95 13942582 72 779527 54 60582802 81 14304983 54 442145 29 4756953 66 5373165 93 27160804 17 58914518 79 2032235 73 24306393 55 10935981 50 3204212 81 3571887 97 7054190 51 6779160 69 33010485 86 1824080 91 569473 68 3214469 43 2468945 59 1549918 41 208616 21 2236932 06 238728 40 3067258 84 22972832 990178 30 8766051 594836 59 37188546 61 5903147 434924 78 2664103 27 3636143 55 11094083 99 31017547 79 1704396 62 17493275 44 5800672 99 2017501 99 2752640 43 Profit 3556854 65 1267582 64 24996645 12 509081 01 168853 76 1496320 5 1038385 51 122943 18 557619 39 88459 37 2759150 96 10830424 07 568813 65 5176531 19 184690 95 23394255 70 8401835 75 7220 51 2092400 39 1737025 38 16066720 18 27896971 00 327839 11 6813118 11 5135308 51 1286510 82 819247 54 Loss 124740 26 Q O B d H W O F tr1 a w 6 2 H W CO W H 0 O a 3Royal Union Mutual Iowa 567511 07 Security Trust Pennsylvania 1515475 24 Security Mutual New York 1005386 22 Sun Canada 10480451 95 state Indiana 671370 47 State Mutual Massachusetts 17775032 80 Travelers Connecticut 24943647 12 United States New York 8373611 55 Union Central Ohio 26218076 36 Washington New York 16144433 17 Total 1669871784 04 512 932 350 9951 409 15934 23 649 7749 22746 15389 830 37 491 39 719 76 162 73 591 82 181 90 811 68 881 61 953 82 519 0 1519929657 95 51SO 70 582983 85 645666 16 529289 22 261775 65 1840850 90 1293835 41 183729 94 3501122 54 71V21 71 462 898 820 2789 664 3858 4493 1727 6 289 3260 165 205 781 221 338 918 056 932 2H8 195 149912126 09 889 9429 43 201090 23 785507 37 62 1298 45 1330139 41 406670 40 2009172 07 2445284 28 1303170 51 3293675 92 2724166 04 171065 67 112098 46 191482 64 1159087 11 257668 59 1849746 10 2047772 40 424702 19 2995592 94 536329 70 232471279 6 157047353 88 121740 20 a O g H W o F H Ed 6 H 55 a to w H d o w 13 m TABLE No 3 Accident Marine Surety and Plate Glass Insurance Companies Authorized to Transact Business in this State for the year 1901 Their General Condition is Shown to 1st of January 1901 CO o XAME OF COMPANY STATE JFAna Accident American Surety American Credit Indemnity American Bonding and Trust Bankers Casualty City Trust Safe and Deposit Employers Liability Fidelity and Casualty Fidelity and Deposit ieneral Accident Guarantee Co of North America Hartford Steam Boiler Lloyds Plate Glass London Guaranteed Accident Maryland Casualty Metropolitan Plate Glass National Surety New York Plate Glass Ocean Accident Pacific Surety Pennsylvania Casualty Preferred Acciden t Standard Life and Accident Thames Mersey Marine Travelers Accident United States Casualty Union Casualty and Surety U S Fidelity and Guaranty Total Connecticut New York Xew York Maryland Iowa Pennsylvania England New York Maryland Scotland Canada Connecticut New York England Maryland New York Ntv York Xew York England California Pennsylvania Xew York Michigan England Connecticut New York Missouri Maryland Assets Liabilities 56002088 01 5217513 48 685126 98 1642031 67 80988 51 3348355 32 155 383 00 3936215 60 4381313 79 316104 32 1048181 91 2701027 06 651165 19 1171519 90 2336688 20 406876 25 1508541 68 896 516 25 1439212 29 325371 02 146739 16 899 231 61 1155222 63 611840 14 5981681 10 1148790 38 477 011 52 2256197 83 Surplus Income Expenditures 497125 57 883867 84 262904 32 238 355 02 84 026 79 2588081 76 992673 97 2793219 47 1500060 00 70151 86 160571 93 1570286 21 265138 55 741228 01 750000 00 153457 54 416217 03 138440 80 313616 26 33707 65 31335 77 510790 13 699861 11 101031 35 2735393 03 183790 38 134797 80 491629 94 01217911 68 S 19 740703 1 1 833015 64 122222 66 403676 65 5961 75 260273 56 308709 63 892996 13 20750112 31 2i919 46 576949 78 621740 85 13600 6 230291 86 688575 02 213418 71 592324 62 158075 45 1125596 03 41666 37 15353 188441 48 205361 52 423808 79 2249201 37 365600 00 92213 72 264567 89 3459829 10 1355070 08 467121 07 469070 44995 45 343694 52 1488353 62 3746257 69 1386130 75 202 309 66 19957 98 1288276 05 457077 65 914165 41 1581220 05 295220 65 657540 3 260428 78 513756 53 68849 40 74533 08 1108190 53 1278015 29 571 041 25 3716174 17 840272 87 471830 65 869451 19 8 14 118011 28 S 28158463 111 964464 5S 1080739 63 295161 47 350283 95 62001 46 l2n87739 3380304 27 960060 79 170950 46 145828 10 1042851 06 449355 6 820170 61 1274599 55 296971 00 472560 75 265181 81 273487 21 38773 77 87875 13 959373 94 1061714 63 581271 96 2977569 66 691290 60 419158 20 708664 57 21142614 258 7101958 26 Profit 2495361 52 274330 40 171956 60 118786 77 282556 61 276476 23 365953 42 426063 96 31359 20 53751 8b 245424 99 7722 03 123994 77 300620 50 184979 60 240269 30075 63 118825 59 216300 66 738604 51 148982 27 52672 45 1607S6 52 Loss 1750 35 4753 03 13342 05 10230 n Q o H o f F H W 6 m so W T3 O 47142 15 KSSS8iS8SSiSSv Table No 4TABLE No 4 mx NAME OF COMPANY Agricultural American Ktna Atlanta Home British America Caledonian Citizens Commercial Union Continental Connecticut Fire Association Farmers Cooperative Farmers Mutual Firemans Fund Georgia Home German German American Germania Glens Falls Greenwich HamhurgBremen Hanover Hartford Helvetia Home Imperial Insurance Co of N A Lancashire Lion Liverpool London Globe Liverpool London fc Gobe London Assurance London and Lancashire Magdeburg Manchester Manhattan Mercantile Mutual Fire STATE New York New York Connecticut Georgia Canada Scotland Missouri England New York Connecticut Pennsylvania Georgia Georgia California Georgia Illinois New York New York New York New York Germany New York Connecticut Switzerland New York England Pennsylvania England England England New York England England Germany England Nw York Rhode Island Amount Insured Premiums 1321 570 00 2000723 00 11503221 00 2956629 00 1424875 00 1724484 00 5999422 89 6960742 00 744000 00 3920245 00 3806181 00 4426023 00 711685 00 40015nl 00 1947002 00 1991777 50 2370778 00 1903711 00 2974804 41 9708670 00 151875 00 943109 00 2 433297 00 12218360 00 8111926 00 610234 00 8061752 00 585900 00 986348 00 2511831 00 750050 00 2248848 00 23792 20 30663 83 130539 80 46616 13 19071 87 27580 25 Losses Paid Profit Loss Amount 81682 21 91285 38 9724 9J 48073 92 15217 07 38557 71 71561 64 I 1798 3956 85 11020 47 8575 13 1040050 00 58636 41 64755 09 9719 56 60770 83 20921 41 25847 52 35487 20 36499 14 34432 20 161035 64 2 086 2 117191 65 34463 95 127205 02 42916 68 8952 25 131Vis 12 9472 30 9580 70 36826 70 12746 41 34591 37 33564 22 49703 53 8115 69 21795 84 9110 92 22980 23128 29 183 81 57036 81 29685 61 9898 99 24862 92 36970 26 16623 61 114577 00 70131 19 10iis 07 57H51 51 34119 82 5022 52 99 638 21 1686 70 7131 49 20276 36 15783 12 23923 6 413 32 59278 16 1817 24 15715 02 16559 78 48117 99 41581 85 1608 25 23278 08 35655 68 41626 80 9615 75 3734 02 7893 88 15948 53 10621 28 17808 59 46458 64 2086 25 47068 16 23815 88 70153 51 8796 86 3929 73 34890 21 7785 60 2449 21 16550 34 10668 01 1697 60 8764 20 471 12 3036 71 w 6C a 5 o i h a SO w E 52 80 79 20 218 40 146 40 103 20 SI 60 84 00 184 80 177 60 28 80 184 80 127 20 182 40 76 80 180 00 19 20 69 60 189 60 69 60 72 00 494 40 26 40 288 00 136 80 216 00 108 00 21 60 273 60 21 60 31 20 24 00 33 60 115 20 88 80 2 40 10 00 16 00 16 00 16 00 16 00 16 00 16 00 16 00 16 10 16 00 16 00 16 00 16 00 16 00 16 00 16 00 16 00 16 00 16 00 16 00 16 0 16 00 16 00 16 00 16 00 16 00 16 00 16 00 16 00 16 00 16 00 16 00 16 00 16 00 16 00 16 CO 10 06 16 00 16 00 16 00 16 00 16 00 16 00 16 00 16 00 16 00 16 00 16 00 16 00 16 00 16 00 16 00 16 00 16 00 16 00 16 00 16 00 16 00 16 00 16 00 16 00 16 00 16 00 16 00 16 00 16 00 16 CO 16 00 16 00 16 00 16 00 16 00 16 00 16 001 Tax 237 306 64 1305 39 466 16 196 72 275 80 816 82 912 85 97 24 480 74 586 36 617 55 98 00 607 70 209 21 258 48 354 87 364 99 344 82 1610 35 20 86 1171 95 344 63 1272 05 429 16 89 52 1345 28 94 72 95 81 368 26 127 46 315 91 91 10 Total 322 72 417 84 1555 79 644 56 331 92 389 40 116 09 1 033 62 1122 45 158 04 697 54 32 00 32 00 745 56 861 95 206 80 819 70 260 41 360 08 570 47 466 59 448 32 2136 75 79 26 1491 95 513 43 1520 05 569 16 143 12 1650 88 148 32 159 01 424 26 193 06 493 11 120 80 123 50 a o K H W O f a 6 H W t1National Niagara Now Hamshire Norwich Union North British Mercantile Northern Assurance Orient Pacific Palatine Palatine Pennsylvania Phoenix Assurance Phoenix Phoenix Queen RochesterGerman Royal Scottish Union National Southern Mutual Springfield1 St Paul Sun Ins Office Sun Skandia Traders Union Assurance Western Assurance Westchester Villiamsburg City Connecticut New York N Hampshire England England England Connecticut New York England New York Pennsylvania England New York Connecticut England New York England Scotland Georgia Massachusetts Minnesota England Louisiana Sweden Illinois England Canada New York New York Total 3 335575 00 1168058 00 1037757 66 3 810789 00 7165947 00 4 968683 00 1955858 00 744783 00 1 list067 00 97IS1I 00 2700462 00 7280136 648635100 4851951 01 4014329 00 1358748 80 14663508 06 2465083 00 25513077 00 1832003 00 2249429 00 2257588 50 1992507 00 12X2102 00 2585414 00 2956676 31 2931625 00 142173 00 231234339 40 2700S 30 17all 11 10 957 96 43202 09 61716 33 44399 41 23 ISO 87 10717 71 27790 60 11965 04 85901 09 52 363 03 78043 40 01441 75 63453 61 10037 08 70515 37 33985 63 219177 25 25 522 16 2810 04 20765 17 31777 77 21300 98 20 882 87 36082 93 33156 42 18312 90 2799184 25 11017 96 4571 14 186 26 24990 95 28648 so 23659 03 28934 72 10665 17 24758 11 183 75 16476 00 9683 51 28934 12 24976 73 18368 6 5991 78 41571 24 30 017 90 47450 82 13387 48 19782 10 18938 64 20710 01 18680 59 31308 04 21 918 62 27124 66 6800 45 1543133 20 Overpayment of 100 in fees 15450 31 12939 97 10771 70 18211 74 33067 44 20740 38 52 54 3032 19 11781 21 19425 69 42679 52 49109 28 36465 02 45084 97 10045 30 28974 13 3907 73 221726 43 12134 68 8320 94 1826 53 11067 76 2620 39 14164 31 6031 70 11512 45 1286094 85 5453 85 4425 17 60 30014 93 2816 115 20 43 20 43 20 127 20 136 80 84 00 61 80 48 00 74 40 16 00 16 00 10 00 16 00 16 00 16 00 16 00 16 00 16 00 177 60 84 00 256 80 161 60 191 40 79 20 62 40 33 60 76 80 60 00 127 20 57 60 84 00 2 40 144 00 19 20 91 20 84 00 10 80 16 00 16 00 16 00 16 00 16 00 16 00 16 00 16 00 16 00 16 00 16 00 16 00 16 00 16 00 16 00 16 00 16 00 16 00 16 00 16 00 270 98 418 18 16 00 175 11 250 31 16 00 109 58 184 78 16 00 432 03 591 28 16 00 617 16 785 96 16 00 448 99 559 99 16 00 234 81 331 61 16 00 107 18 187 18 16 00 277 91 384 31 119 65 359 01 119 65 16 00 568 61 16 00 523 63 639 63 16 00 780 43 1069 23 16 00 614 41 80S 01 16 00 634 53 860 93 10 00 160 37 271 57 16 00 705 45 799 85 16 00 339 86 405 46 16 00 2 691 77 2800 57 16 0C 255 22 347 22 16 00 281 03 440 23 16 00 207 65 297 25 16 00 317 77 433 77 16 00 34 40 16 00 213 00 389 00 16 00 268 83 320 03 16 00 360 82 384 02 16 00 331 56 447 56 16 00 183 13 231 93 6759 20 1040 00 1040 001 27991 36830 89 O O g H a o f F H fa 6 a z F to F CO H o W HTABLE No 5 Showing Business Done by Old Line Life Insurance Companies for the Year Ending April 30 1901 NAME OF COMPANY STATK moimt of In surance in Force Premiums Losses Paid Premiums in Excess of Losses Loss Ftna Connecticut Mutual Equitable Fidelity Mutual Franklin icrmania Hartford Home Illinois Manhattan Maryland Massachusetts Mutual Metropolitan Michigan Mutual Mutual Benefit Mutual Mutual Mutual Reserve Fund National National New England New York Northwestern Mutual iaeilic Mutual Prudential Fenn Phi mix Mutual Provident Savings Royal Union Mutual Security Trust Security Mutual Sun state State Mutual Travelers United states Union Central Washington Life Connecticut Connecticut New York Pennsylvania Illinois New York Connecticut New York Illinois New York Maryland Massachusetts New York Michigan New Jersey New York Kentucky New York Washington D C Vermont Massachusetts New York Wisconsin California New Jersey Pennsylvania Connecticut New York Iowa Pennsylvania New York Canada Indiana Massachusetts Connecticut New York Ohio New York Total 1951141 00 1084000 00 11233962 00 2414654 50 231295 00 188802 00 329200 00 551649 00 28000 00 2458193 00 481000 00 4002675 00 6988622 00 581228 30 6011075 00 18273855 00 1107074 00 3308750 00 442696 01 377692 00 20760300 00 10596833 00 181500 00 3434108 00 9405800 00 1609200 00 4012047 00 458500 00 360232 00 2623686 00 605000 00 7 IN000 00 106860 89 36523 76 339153 26 6156 86 4368 70 628 55 79533 52 19255 76 6145 16 71043 87 15778 12 13U964 9j 216979 38 20691 29 217376 79 615515 16 28412 02 71840 08 14806 83 58522 99 8 3000 00 148618 66 37539 00 2487 00 43902 01 6000 00 4457781 00 1108655 00 3086896 00 947218 00 10769 67 651906 67 295089 30 4683 95 109740 22 283984 25 56115 70 174958 01 18894 68 16 826 45 52999 69 18981 80 21472 26 44768 00 5100 00 49309 32 51494 00 8000 00 62590 00 202549 96 14500 00 41945 92 13718 00 247162 00 79246 00 48337 90 33523 76 190534 60 24617 86 4368 70 3741 55 35631 52 13255 76 6145 16 26275 10678 12 81655 63 105485 38 12691 29 154786 79 442995 50 13912 02 29894 16 1088 83 127284 95 33235 28 91242 67 34992 15 11598 06 10231 00 38807 00 62000 00 7250 00 10000 00 29077 50 52848 66 18 775 00 26902 0 44783 50 10769 67 404744 67 215843 30 4683 95 98142 16 181672 25 17608 70 112958 01 11674 68 6326 45 2922 19 18981 80 21472 26 74941 29 14460 28 64310 67 o be 0 3 o s Filing Statement Filing Charter 1 Tax Total 9791 35 132651379 801 4096642 95 8 1524301 42 2582162 73B 9791 35 789 31778 60S 608 00 8 008 00 t 40966 36 8 43955 96 72 00 2 40 33 60 72 00 24 00 9 60 26 40 16 80 19 20 9 60 4 40 80 470 40 2 40 69 60 81 60 36 00 91 20 19 20 2 40 21 60 110 40 52 80 4 80 19 20 129 60 19 20 24 00 3 7 20 25 60 00 1 2 40 6 14 40 1 2 40 59 141 60 5 12 00 12 28 80 8 19 20 16 00 16 00 16 00 16 00 16 00 16 00 16 00 16 00 16 00 16 00 16 00 16 00 16 00 16 00 16 00 16 00 16 00 16 00 16 00 16 00 16 00 16 00 16 00 16 00 16 00 16 00 16 00 16 00 16 00 16 00 16 00 16 00 16 00 16 00 16 00 16 00 16 00 16 00 16 00 16 00 16 00 16 00 16 00 16 00 16 00 16 00 16 00 16 00 16 00 16 00 16 01 16 00 16 00 16 00 16 00 16 00 16 00 16 00 16 00 16 00 16 00 16 00 16 00 16 00 16 10 16 00 16 00 16 00 16 00 6 oo 16 00 16 00 16 00 16 00 16 00 16 00 1068 61 365 23 3391 53 621 57 43 69 62 29 795 33 192 56 61 45 710 44 157 78 1309 65 2169 79 206 91 2173 7i 6455 45 284 12 718 40 148 06 107 69 6519 0 29o0 89 46 83 1097 40 2839 84 564 IS 1749 58 188 94 163 26 529 99 189 82 214 72 1272 85 332 35 912 48 349 92 i 1172 61 399 63 3457 13 725 57 99 69 103 89 853 73 241 36 112 65 752 04 193 58 1382 45 2672 19 241 31 2275 37 6569 05 352 12 811 60 199 26 34 40 161 29 6661 47 3035 69 83 63 1148 60 3001 44 615 35 1805 58 220 94 202 46 621 99 224 22 261 12 34 40 1446 45 376 35 973 23 401 12 4 if Q O B d H Ed O ii Sd 6 fel H Ed w Ed 0 oTABLE No 6 Showing Business Done by Assessment Life and Accident Insurance Companies for the Year Ending April 30 1901 NAME OF COMPANY STATE Amount of Insurance in force Premiums Losses Premiums in Excess of Losses a a Filing Filing b o State Char u4 a ment ter o t Sfl Total O O hj i3 W O F F H 6 m m f H o American Assurance Assn American Anmi Mut Life American Temperance Life Equity Life Empire Mut Annuity Life Georgia Sick Accident Life Ga Mut Life Annuity Life Ga Relief Association Life Georgia Cooperative Fire Home Friendly Life Industrial Aid Assn Life Mutual Beneyolen t Assn Life Mutual Aid Association Life National Benefit Society Life Provident Life and Annuity State Mut Life and Annuity Total Georgia Georgia New York Virginia Georgia Georgia Georgia Georgia Georgia Maryland Georgia Georgia Georgia Georgia Maryland Georgia 3S6 GOO 00 385500 00 58200 00 157000 00 483520 00 131729 50 4750 00 305300 00 6382 11 12971 02 10051 35 4000 00 9867 15 122466 45 1696 00 937 75 07527 29 2720 00 3791 OS 37317 80 164 50 3485 SO 2382 11 12971 8331 35 6076 07 85148 65 1696 00 773 25 64041 69 84659699 50 8 231899 72 8 51478 98 5 181420 74 127 304 80 272 00 8 272 00 8 2334 58 4 SO 12 00 4 80 7 20 36 00 14 40 19 20 7 20 7 20 144 00 16 80 2 40 4 80 24 00 16 00 10 00 16 00 16 00 16 00 16 00 16 00 16 00 16 00 16 00 16 00 16 00 32 01 16 00 16 00 16 00 16 00 16 00 16 00 16 00 16 00 16 00 16 00 16 00 16 00 16 00 16 00 36 00 32 CO 16 00 16 00 16 00 63 82 129 71 100 51 98 67 1224 66 16 96 675 27 36 80 44 00 36 80 103 02 197 71 146 91 51 20 54 80 32 00 137 87 1400 66 65 76 75 78 36 SO 32 00 731 27 3183 38TABLE No 7 Showing Business Dane by Accident Marine Surety and Plate Glass Companies for the Year Ending April 30 1901 NAME OF COMPANY STATE Amount of Insurance in Force Premiums Losses Paid Premiums in Excess of Losses Aetna Accident American Surety American Credit Indemnity American Bonding and Trust Bankers Mutual Casualty City Trust Safe and Deposit Employers Liability Fidelity and Casualty Fidelity and Deposit Genera Accident Guarantee Company of North America Hartford Steam Boiler Lloyds Plate Glass London Guarantee Accident Maryland Casualty Metropolitan Plate Glass National Surety Mew York Plate class New Amsterdam Casualty I Kean Accident Pacific Mutual Accident Pennsylvania Casualty Pacific Surety Preferred Accident Standard Life and Accident Thamesand Mersey Marine Travelers United States Casualty Union Casualty and Surety United States fidelity and Guaranty United Slates Guaranty Total Connecticuts Newr York New York Maryland Iowa Pennsylvania England New York Maryland Scotland Canada Connecticut New York England Maryland New York New York New York England California Pennsylvania California New York Michigan England Connecticut New York Missouri Maryland New York 4399600 00 3712193 00 1834079 65 21000 00 454151 02 1379465 00 11601290 30 2257250 00 2105500 00 2400800 00 1535100 00 46054 91 570000 00 4199707 86 41075 10 18 5090 00 47574 58 383750 00 2138000 00 9335 00 9398200 00 2220400 00 1263261 00 13 890900 00 11105020 00 47959 I 15000 00 10075801 I 37 37437 87 9886 28 7361 82 135 69 1890 87 6130 91 39308 60 18688 03 1888 10 7819 58 14623 10 1141 96 3943 85 23585 49 1002 10 5254 96 1222 15 208 70 3408 98 5751 28 05 00 19342 50 21435 37 1131 66 55132 57 19750 38 18964 39 50 00 22004 47 10124 62 393 27 902 50 4795 02 16764 62 1408 98 320 89 8467 08 713 36 304 48 150 00 11919 74 237 17 4 637 l1 734 166 14 180 63 2108 28 5876 28 19593 29 24014 2 8469 21 150816 I 6968 55 ia5 69 988 37 1335 89 22543 98 17279 05 1567 21 13909 74 837 48 3793 85 11665 75 764 93 617 48 387 27 102 56 3228 35 3643 00 65 00 13466 22 1842 08 4130 66 31 088 35 11287 17 18961 30 50 00 6238 34 67 50 28 80 2 40 69 60 12 00 9 60 64 80 19 20 2 40 2 40 21 60 10 20 2 40 14 40 26 40 2 40 2 40 31 20 2 40 2 40 16 57 60 2 40 7 20 2 40 57 60 6885 841 200 180 00 416 00 16 00 16 00 16 00 16 00 16 00 16 00 16 00 16 00 16 00 16 00 16 00 16 00 16 00 16 00 16 00 16 00 16 00 16 00 16 0 16 00 16 00 16 00 16 00 10 00 16 00 16 00 16 00 16 00 16 00 16 00 16 00 16 00 16 00 16 00 16 00 16 00 16 00 16 00 16 00 10 00 16 00 16 00 16 00 16 00 16 00 16 00 16 00 16 00 16 00 16 00 16 00 10 oo 416 00 374 38 98 86 73 62 1 36 18 91 61 31 393 08 186 88 18 88 78 20 146 23 11 42 39 43 235 85 10 02 52 55 12 22 2 69 34 09 57 51 65 193 42 214 35 41 31 551 33 197 56 189 64 50 i 374 38 159 76 34 40 175 22 168 00 62 91 102 91 489 88 238 08 53 28 112 60 199 83 62 62 73 83 282 25 68 42 86 95 46 62 2 69 97 29 57 51 34 40 35 05 242 22 30S 95 75 71 551 33 236 76 34 40 279 24 50 Q O B d W o f F H 6 w CO w H hj O SO 3290 25 4608 25HHhHHHHIIHIHHIHIIIHHHHMHBI Table No 8 32 egTABLE No 8 Comparative Table Showing Comparative Business of Insurance Companies in the State for the Years 94 95 96 97 98 99 1900 and 1901 1894 1894 1894 1894 1895 1895 1895 1895 1895 1890 1896 1896 1896 1896 1897 1897 1S97 1897 1897 1898 1898 1898 1898 Fire Life Cooperative Life Accident and Marine Fire companies Life companies Cooperative Life companies Accident Indemnity and Marine Fire companies doing brokers business Fire companies Life companies Cooperative companies Accident Surety and Marine Fire companies doing brokers business Fire companies Life comi anies Cooperative companies Accident Surety and Marine Fire companies doing brokers busi ess Fire Life Cooperative companies Accident Surety and Marine 153574902 59 69931265 00 21279410 00 20020358 00 142899785 16 72908398 00 19786690 00 26073801 92 150178791 07 72976962 00 27183951 00 43546452 40 131474245 53 76102830 14 27957174 00 51859358 24 137297140 21 81873834 00 23180329 50 64604350 70 1961708 32 2375244 22 240154 65 122952 95 1978112 75 2450077 34 286131 43 140571 04 2114037 16 2381480 54 405042 42 182411 92 2083122 48 2489193 93 430815 99 194342 83 2186332 30 2736088 03 427680 43 222607 47 1043352 51 859411 89 99927 54 77338 91 1233157 44 730034 00 134997 95 53090 26 926742 49 797219 18 lo2428 82 91667 98 1112064 40 1008800 82 299818 64 84715 66 1274499 21 1090177 57 218432 96 92851 53 6C 1491 349 96 89 1610 476 175 107 76 1756 400 202 143 59 2229 417 220 140 19 2479 394 216 195 5541 00 1701 60 1190 40 919 60 5348 60 2006 40 1740 00 1024 80 406 40 6038 40 1856 00 1508 80 1079 20 461 00 7397 60 2029 60 1424 00 1264 00 237 60 7837 60 1914 00 lS 40 1268 00 119617 23752 44 2410 47 1229 52 19325 77 24500 77 2861 32 1331 10 57 80 21144 25 23822 57 4108 48 1822 11 194 95 20844 81 24891 88 4312 09 1998 37 149 42 21853 36 27360 75 4276 73 2233 33 125158 08 25454 04 3591 87 149 21 24674 39 26507 10 4601 31 2387 90 464 20 27178 87 25670 90 5617 28 2903 31 P19 92 28262 41 26921 48 5736 09 3262 37 386 93 29670 96 28320 75 5659 13 8501 33 O O H O f F H 6 H OB a o1898 1899 1899 1899 IS HI 1899 1900 1900 1900 1900 1901 1901 1901 1901 1901 Fire companies doing brokers business Fire Life Cooperative companies Accident Surety and Marine Fire companies doing brokers business Fire Life Cooperative Accident Surety and Marine Fire companies Old Line Life companies Assessment Life companies Accident Plate Glass Marine and Surety cos Fraternal Orders 165917945 42 103549449 47 10663310 00 65608411 90 179501495 07 92223613 31 7847605 00 76015608 11 231234339 40 132654379 80 4659699 50 100758014 37 2170800 57 3184674 79 27 130 07 237758 19 2419054 02 3989954 41 276811 01 260701 94 2799184 25 4096642 95 231899 72 329627 19 1227318 89 10872111 11 127798 96 150059 11 1575983 77 1488443 73 100071 48 122829 90 1543133 20 1524301 42 51478 98 150316 41 2685 457 150 197 2 2694 580 152 195 2816 739 127 200 179 20 8356 20 2216 80 776 00 1336 80 68 80 8514 40 2512 00 780 80 1396 80 8839 20 2989 60 848 80 1312 00 220 00 281 90 21715 62 31850 31 2731 26 2377 54 26 48 24190 38 36385 58 2768 10 2607 06 27991 69 40966 36 2334 58 3296 25 464 10 30087 42 31067 11 3507 26 3714 34 32701 78 38897 58 3 518 90 4003 86 36830 89 43955 96 3183 38 4608 25 o o a H jo o r1 r1 m JO b z H JO F CO JO a a o JO 13WJNfiiKNiKCfi INDEX A ETNA INSURANCE COMPANY HARTFORD CONN Statement of for 1901 1922 MTNA LIFE INSURANCE COMPANY HART FORD CONN Statement of for 1901 188194 403407 AGRICULTURAL FIRE INSURANCE COMPANY OF WATERTOWN N Y Statement of for 1901 1618 AMERICAN BOND AND TRUST COMPANY BALTIMORE CITY Statement of for 1901 413415 AMERICAN TEMPERANCE LIFE INSURANCE ASSOCIATION Statement of for 1901382384 AMERICAN CREDIT INDEMNITY COMPANY NEW YORK N Y Statement of for 1901407409 AMERICAN FIRE INSURANCE COMPANY OF NEW YORK N Y Statement of for 1901 2325 AMERICAN SURETY COMPANY NEW YORK N Y Statement of for 1901 409413 ATLANTA HOME FIRE INSURANCE COMPANY ATLANTA GA Statement of for 1901 2528502 COMrTROLLERGENEKALS REPORT B BANKERS MUTUAL CASUALTY DES MOINES IOWA Statement of for 1901 416418 BRITISH AMERICA ASSURANCE COMPANY OF TORONTO CANADA Statement of for 1901 2830 C CALEDONIAN EIRE INSURANCE COMPANY OF EDINBURGH SCOTLAND UNITED STATES BRANCH Statement of for 1901 3033 CITIZENS FIRE INSURANCE COMPANY OF MISSOURI Statement of for 1901 3335 CITY TRUST SAFE DEPOSIT AND SURETY COM PANY OF PHILADELPHIA PA Statement of for 1901 41 84 22 COMMERCIAL UNION ASSURANCE COMPANY OF LONDON ENG Statement of for 1901 3639 CONNECTICUT FIRE INSURANCE COMPANY HARTFORD CONN Statement of for 1901 4244 CONNECTICUT MUTUAL LIFE INSURANCE COMPANY OF HARTFORD CONN Statement of for 1901194199 OXTI X KXTA I V RE I M3URA XCK M PA XV OF X EW YORK N Y Statement of for 1901 3912 E EMPLOYERS LIABILITY ASSURANCE CORPO RATION LLMITED LONDON ENGLAND UNITED STATES BRANCH Statement of for 1901 422426 HRHBHRn COMPTROLLERGENERALS RErORT 503 EMPIRE MUTUAL ANNUITY AND LIFE INSUR ANCE COMPANY Statement of for 1901 386 EQUITY LIFE ASSOCIATION Statement of for 1901 384386 EQUITABLE LIFE ASSURANCE SOCIETY OF THE UNITED STATES NEW YORK Statement of for 1901199204 F FARMERS COOPERATIVE FIRE INSURANCE COMPANY OF GEORGIA JACKSON GA Statement of for 1901 45 FIDELITY AND CASUALTY COMPANY OF NEW YORK Statement of for 1901426428 FIDELITY AND DEPOSIT SURETY COMPANY OF BALTIMORE M D Statement of for 1901429431 FIEDLITY MUTUAL LIFE INSURANCE COMPA NY PHILADELPHIA PA Statement of for 1901204210 FIRE ASSOCIATION OF PHILADELPHIA PA Statemont of for 1901 4648 FIREMANS FUND FIRE INSURANCE COMPAX Y OF SAN FRANCISCO CAL Statement of for 1901 4851 FRANKLIN LIFE INSURANGE COMPANY OF SPRINGFIELD ILL Statement of for 1901 210214 G GEORGIA HOME FIRE INSURANCE COMPANY OF COLUMBUS GA Statement of for 1901 5254 GEORGIA RELIEF ASSOCIATION387388504 COMPTROLLERGENERALS REPORT GEORGIA SICK AND ACCIDENT BENEFIT ASSO CIATION ATLANTA GA Statement of for 1901 388390 GERMANAMERICAN FIRE INSURANCE COM PANY OF NEW YORK N Y Statement of for 1901 6062 GERMAN FIRE INSURANCE COMPANY OF FREE PORT ILL Statement of for 1901 5457 GERMANIA FIRE INSURANCE COMPANY OF NEW YORK N Y Statament of for 1901 5760 GERMANIA LIFE INSURANCE COMPANY NEW YORK N Y Statement of for 1901214219 GENERAL ACCIDENT ASSURANCE CORPORA TION PERTH SCOTLAND Statement of for 1901 431433 GLENS FALLS FIRE INSURANCE COMPANY OF GLENS FALLS N Y Statement of for 1901 6365 GREENWICH INSURANCE COMPANY OF NEW YORK N Y Statement of for 1901 6568 GUARANTEE COMPANY OF NORTH AMERICA MONTREAL CANADA Statement of for 1901433435 H HAMBURGBREMEN FIRE INSURANCE COMPA NY OF HAMBURG GERMANY Statement of for 1901 6870 HANOVER FIRE INSURANCE COMPANY OF NEW YORK N Y Statement of for 1901 7174RBBMiBHHBBHnH COMPTROLLERGENERALS REPORT 505 HARTFORD FIRE INSURANCE COMPANY HART FORD CONN Statement of for 1901 7476 HARTFORD LIFE INSURANCE COMPANY HART FORD CONN Statement of for 1901 219224 HARTFORD STEAM BOILER INSPECTION AND INSURANCE COMPANY OF CONNECTI CUT Statement of for 1901 436439 HELVETIA SWISS FIRE INSURANCE COMPANY OF ST CALL SWITZERLAND Statement of for 1901 7779 HOME FIRE INSURANCE COMPANY OF NEW YORK N Y Statement of for 1901 7982 HOME FRIENDLY SOCIETY BALTIMORE MI Statement of for 1901390392 HOME LIFE INSURANCE COMPANY OF NEW YORK N Y Statement of for 1901224229 I ILLINOIS LIFE INSURANCE COMPANY CHICA GO ILL Statement of for 1901229234 IMPERIAL FIRE INSURANCE COMPANY LIM ITED OF LONDON ENGLAND Statement of for 1901 8285 INDUSTRIAL AID ASSOCIATION ATLANTA GA Statement of for 1901393395 INSURANCE COMPANY OF NORTH AMERICA OF PHILADELPHIA PA Statement of for 1901 8588506 COMPTROLLERGENERALS REFORT INSURANCE Names and postoffices of Eire Insurance Companies authorized to transact business 1901 486487 Names and postoffices of Life Insurance Companies authorized to transact business 1901 488 Names and postoffices of Accident Marien Surety and Plate Glass Insurance Companies authorized to transact business 1901 490 Fire Business 492493 Old Line Life Business 494 Assessment Life and Accident Business 495 Accident Marine Surety and Plate Class Business 490 Comparative business of Insurance Companies from 1889 to 1901 498499 L LANCASHIRE EIRE INSURANCE COMPANY OF MANCHESTER ENGLAND U S BRANCH Statement of for 1901 S991 LION FIRE INSURANCE COMPANY OF LONDON ENGLAND Statement of for 1901 9194 LLOYDS PLATE GLASS INSURANCE COMPANY OF NEW YORK N Y Statement of for 1901 439442 ILYERPOOL AND LONDON AND GLOBE FIRE INSURANCE COMPANY OF LIVERPOOL ENGLAND Statement of for 1901 9699 LIVERPOOL AND LONDON AND GLOBE FIRE NSURANCE COMPANY OF N FAY YORK N Y Statement of for 1901 9 in LONDON ASSURANCE CORPORATION OF LON DON ENGLAND Statement of for 1901 99102COMPTROLLERGENERALS REPORT 507 LONDON AND LANCASHIRE FIRE INSURANCE COMPANY OF LIVERPOOL ENGLAND Statement of for 1901102104 LONDON GUARANTEE AND ACCIDENT COMPA NY LIMITED LONDON ENG Statement of for 1901 442444 M MAGDEBURG FIRE INSURANCE COMPANY OF MAGDEBURG GERMANY Statement of for 1901 104106 MANCHESTER ASSURANCE COMPANY OF MAN CHESTER ENGLAND Statement of for 1901107109 MANHATTAN LIFE INSURANCE COMPANY OF NEW YORK N Y Statement of for 1901234239 MANHATTAN FIRE INSURANCE COMPANY OF NEW YORK Statement of for 1901 109112 MARYLAND CASUALTY COMPANY BALTI MORE MD Statement of for 1901445447 MARYLAND LIFE INSURANCE COMPANY BAL TIMORE MD Statement of for 1901239245 MASSACHUSETTS MUTUAL LIFE INSURANCE COMPANY SPRINGFIELD MASS Statement of for 19012 15250 MERCANTILE MUTUAL FIRE INSURANCE COM PANY OF PROVIDENCE R I Statement of for 1901112114 METROPOLITAN PLATE GLASS INSURANCE COMPANY OF NEW YORK N Y Statement of for 19011 171 1 METROPOLITAN LIFE INSURANCE COMPANY OF NEW YORK N Y Statement of for 1901 251255508 COMPTROLLER GENERALS REPORT MICHIGAN MUTUAL LIFE INSURANCE COM PANY OF DETROIT MICH Statement of for 1901 255260 MUTUAL BENEFIT LIFE INSURANCE COM PANY NEWARK N J Statement of for 1901261266 MUTUAL LIFE INSURANCE COMPANY OF LOUISVILLE KY Statement of for 1901 266270 MUTUAL LIFE INSURANCE COMPANY OF NEW YORK N Y Statement of for 1901 271275 MUTUAL RESERVE FUND LIFE INSURANCE CO NEW YORK N Y Statement of for 1901276281 MUTUAL BENEVOLENT ASSOCIATION OF GEORGIA Statement of for 1901 395 MUTUAL AID ASSOCIATION OF GEORGIA Statement of for 1901 395397 N NATIONAL BENEFIT SOCIETY ATLANTA GA 397399 NATIONAL FIRE INSURANCE COMPANY OF HARTFORD CONN Statement of for 1901 114116 NATIONAL LIFE INSURANCE COMPANY OF VERMONT Statement of for 1901286291 NATIONAL LIFE I NSE HA NCE COMPANY WASH INGTON D C Statement of for 19012812S6 NATIONAL SURETY COMPANY OE NEW YORK N Y Statement of for 1901449 45 NEW ENGLAND MUTUAL LIFE INSFRANCE COMPANY BOSTON MASS Statement of for 1901291291COMPTROLLERGENERALS REPORT 509 NEW YORK LIFE INSURANCE COMPANY NEW YORK N Y Statement of for 1901296301 NEW HAMPSHIRE FIRE INSURANCE COM PANY OF MANCHESTER N IE Statement of for 1901 117119 NEW YORK PLATE GLASS INSURANCE COM PANY OF NEW YORK N Y Statement of for 1901453455 NIAGARA FIRE INSURANCE COMPANY OF NEW YORK N Y Statement of for 1901119121 NORTH BRITISH AND MERCANTILE INSUR ANCE COMPANY OF LONDON AND EDIN BURGH GREAT BRITAINU S BRANCH Statement of for 1901 128130 NORTHERN ASSURANCE COMPANY OF LON DON ENGLANDU S BRANCH Statement of for 1901122125 NORTHWESTERN MUTUAL LIFE INSURANCE COMPANY MILWAUKEE WISCONSIN Statement of for 1901301307 NORWICH FIRE INSURANCE SOCIETY OF ENG LAND Statement of for 1901 125127 O ORIENT FIRE LNSURANCE COMPANY OF HART FORD CONN Statement of for 1901130133 OCEAN ACCIDENT AND GUARANTEE COR PORATION LIMITED FIRE LNSURANCE M PA X V OF LOXIX E U Statement of for 1901 455157 510 COMPTROLLERGENERALS REPORT I P PACIFIC PIPE INSURANCE COMPANY OF NEW YORK N Y Statement of for 1901 133136 PACIFIC MUTUAL LIFE INSURANCE COMPANY SAN FRANCISCO CAP Statement of for 1901 307312 PACIFIC SURETY COMPANY SAN FRANCISCO CAP Statement of for 1901457461 PALATINE INSURANCE COMPANY OF LONDON ENGLAND Statement of for 1901 136 PENN MUTUAL LIFE INSURANCE COMPANY PHILADELPHIA PA Statement of for 1901312318 PENNSYLVANIA FIRE INSURANCE COMPANY OF PHILADELPHIA PA Statement of for 1901137139 PENNSYLVANIA CASUALTY COMPAXY Statement of for 1901 464467 PHOENIX ASSURANCE OF LONDON EXGU S BRANCH Statement of for 1901139142 PHOENIX FIRE INSURANCE COMPANY OF BROOKLYN N Y Statement of for 1901142145 PHOENIX FIRE INSURANCE COMPANY OF HARTFORD CONN Statement of for 1901145147 PHOENIX MUTUAL LIFE INSURANCE COM PAXY OF HARTFORD CONN Statement of for 1901318323 PREFERRED ACCIDENT INSURANCE COMPA NY X1AV YORK X Y Statement of for 190 4614GKCOMPTROLLERGENERALS REPORT 511 PROVIDENT SAVINGS LIFE INSURANCE SO CIETY OF SEW YORK N Y Statement of for 1901 323328 PROVIDENT LIFE AND ANNUITY COMPANY Statement of for 1901 399400 PRUDENTIAL INSURANCE COMPANY OF AMER ICA NEWARK N J Statement of for 1901329334 Q QUEEN FIRE INSURANCE COMPANY OF AMER ICA NEW YORK N Y Statement of for 1901147150 R ROCHESTER GERMAN FIRE INSURANCE COM PANY OF ROCHESTER N Y Statement of for 1901150152 ROYAL FIRE INSURANCE COMPANY OF LIVER POOL ENGLANDU S BRANCH Statement of for 1901 153151 ROYAL UNION MUTUAL LIFE NSURANCE COM PANY DES MOINES IOWA Statement of for 1901334338 S S OTTISH UNION AND NATIONAL FIRE INSUR ANCE COMPANY OF EDINBURGH SCOT LAND Statement of for 1901156159 SECURITY MUTUAL LIFE INSURANCE COM PANY BINGHAMTON N Y Statement of for 1901 339342 SECURITY TRUST AND IIKK NSURANCE COM PANY OK PENNSYLVANIA Statement of for 1901343347512 COIIPTROLLERGENERALS REPORT SKANDIA FIEE INSURANCE COMPANY OF STOCKHOLM SWEDEN Statement of for 1901 159161 SOUTHERN MUTUAL FIRE INSURANCE COM PANY OF ATHENS GA Statement of for 1901 161162 SPRINGFIELD FIRE AND MARINE INSURANCE COMPANY OF SPRINGFIELD MASS Statement of for 1901 163165 STANDARD LIFE AND ACCIDENT INSURANCE COMPANY OF DETROIT MICHIGAN Statement of for 1901467170 STATE LIFE INSURANCE COMPANY INDIAN APOLIS IND Statement of for 1901353356 STATE MUTUAL LIFE ASSURANCE COMPANY OF MASSACHUSETTS Statement of for 1901356361 STATE MUTUAL LIFE AND ANNUITY ASSOCIA TION ROME GA Statement of for 190140040 ST PAUL FIRE AND MARINE INSURANCE COM PANY OF ST PAUL MINN Statement of for 1901 166168 SUN INSURANCE OF KICK OF LONDONENG U S BRANCH Statement of for 1901169171 SFX FIRE NSURANCE COMPANY OF XFW OR LEANS LA Statement of for 190 171174 SFX LIFE NSURANCE COMPANY OF CANADA MONTREAL CANADA Statement of for 1901 347352 T THE UNITED STATES IIFF NSURANCE COM PANY OF NFW FORK N Y Statement of fur L901 366372Br COMPTROLTERGEXERAIS REPORT 513 THE UNITED STATES CASUALTY COMPANY OE NEW YOKE N Y Statement of for 1901476478 THE UNITED STATES FIDELITY AND GUAR ANTY COMPANY BALTIMORE MD Statement of for 1901482485 THAMES AND MERSEY MARINE FIRE INSUR ANCE COMPANY OF LIVERPOOL ENG Statement of for 1901470472 TRADERS FIRE INSURANCE COMPANY OF CHI CAGO ILL Statement of for 1901174177 TRAVELERS LIFE INSURANCE COMPANY HARTFORD CONN Statement of for 1901361366 TRAVELERS INSURANCE HARTFORD CONN Statement of for 1901 472476 U UNION ASSURANCE SOCIETY OF LONDON ENG LANDU S BRANCH Statement of for 1901 177179 UNION CENTRAL LIFE INSURANCE COMPANY CINCINNATI O Statement of for 1901 372377 UNION CASUALTY AND SURETY COMPANY ST LOUIS MO Statement of for 1901 479482 W WASHINGTON LIFE INSURANCE COMPANY OF NEW YORK N Y Statement of for 1901 378382 514 COMPTROLLERGENERALS REPORT WESTERN FIRE ASSURANCE COMPANY OF TORONTO CANADA Statement of for 1901180182 WESTOHESTER FIRE INSURANCE COMPANY OF NEW YORK N Y Statement of for 1901182185 WLLLIAMSBURG CITY FIRE INSURANCE COM PANY OF BROOKLYN N Y Statement of for 1901185188 iHHHHHBHMBHHHiBI J UNIVERSITY OF GEORGIA yBRARIES 3 E1D6 05424 B7561I111I11II Sfl lip NJSnS