Report of the Insurance Department of the Comptroller-General's Office for the Year Ending December 31, 1906

THE LIBRARY OF
THE UNIVERSITY OF GEORGIAtawwmplpjMBJBBBREPORT
a
Insurance Department
COMPTROLLERGENERALS OFFICE
YEAR ENDING DECEMBER 31 1906
ATLANTA GA
THE FRANKLINTURNER COMPANY
PRINTERS PUBLISHERS BINDERS
I907MAY 26 45REPORT
Insurance Department
Atlanta Ga January i 1907
To His Excellency J M Terrell Governor
SirIn compliance with law I have the honor to submit the
annual report of this department for the year 1905
The insurance department like the xother departments of this
office has grown year by year until the revenue received from
this source amounts to something over one hundred and twenty
five thousand dollars From the annual tax returns made by all
classes of insurance companies licensed to do business in the State
for the year 1906 it appears that the Fire Companies received in
premiums 428130595 and paid for losses 165954325 Life
Companies received in premiums 733784896 and paid losses
amounting to 266529569 Assessment Life and Industrial Com
panies received in premiums 68414972 and Paid for losses 252
02546 and Miscellaneous Companies received 66666549 and
paid claims amounting to 25365789
It should be borne in mind that these receipts represent gross
premiums from which should be deducted all items of expense in
order to arrive at actual profits of each class of companies on the
years business
After allowing these deductions however it will be observed
that the business as a whole has been fairly profitable to the com
panies and at the same time shows a healthy increase in the volume
as well as in the premium income over last years figures the pre
miums for 1905 being 1115060711 and for 1906 12969970
12 States revenue from same 12969970
For detailed statements of the business written and renewed
gross premiums received on old and new business losses paid and
unpaid and business in force in Georgia at the end of the year I
bei to refer you to the official report of the insurance department
The Act of 1887 providing for State supervision of fire lite
accident and surety companies both domestic and foreign organ
ized as stock companies has proven efficient and has afforded the
Qfqeo
COMPTROLLERGENERALS REPORT
protection to the people of this State that the authors of the law
designed I think the record of its eighteen years operation fully
demonstrates the wisdom of most of its provisions The recent
failure however of several fire insurance companies doing business
in Georgia as the result of the San Francisco fire has emphasized
the fact that a deposit of ten thousand dollars is insufficient to fully
protect insurers of this State I therefore recommend that it be
restored to 25000 the amount formerly required
I regret to say however that the statutes regulating the busi
ness of mutual or cooperative fire companies and fraternal orders
operated through the lodge or council system have failed to pro
vide the protection for the policyholders as was designed and in
tended by the several Legislatures hat passed them
I am gratified to state that my repeated recommendations that
both domestic and nonresident assessment life and industrial in
surance companies desiring to do business in Georgia be required
to make deposits in this State for the security of their policyhold
ers resulted in the enactment of such laws The Acts however
do not apply to fire companies or live stock companies operated
on the assessment plan nor to fraternal orders operated on the
lodge plan The result has been that the State is being flooded
with this class of companies many of which are organized and
managed by persons absolutely without financial responsibility and
character and prey upon the poor and ignorant of both races
Under these conditions I deem it my duty to renew my recom
mendation that all such institutions be required to make deposits
of reasonable sums with the State Treasurer before receiving the
States license to conduct business in the State and urge also that
provision be made for the Insurance Commissioner to examine
their methods of business and pass on their solvency and respon
sibility If it was deemed necessary to require deposits by fire and
life companies having assets amounting in many cases to millions
of dollars it would seem but reasonable that cooperative or assess
ment companies and fraternal orders having in most cases merely
nominal assets should also be required to make deposits for the
protection of their policyholders Companies of this character
necessarily receive most of their business from the poor and labor
ing people of both the white and colored races who can only afford
to carry a little insurance for the benefit of their families This
being true the State should at least give to this class of her citizens
such protection as is afforded policyholders in the companies whichCOMPTROLLERGENERALS REPORT 7
are now required to make deposits with the State Treasurer The
extremely loose provisions of our statute regulating the incorpora
tion of such companies and associations as well as for granting
them licenses have tended to encourage the organization of a con
siderable number of such and in many cases by persons without
financial responsibility or even experience in the conduct of such
enterprises and in quite a number of instances by ignorant negroes
Thus organized and conducted it is perfectly apparent from the
beginning that the result must be failure and the public suffer
thereby
I therefore renew again my recommendation that suitable leg
islation to cure the evils referred to be enacted by the General As
sembly at its June session
I would also recommend that the license be increased to a sum
sufficient to raise a fair revenue from this class of institutions the
license now being only ten dollars per annum
Respectfully
Wm A Wright
ComptrollerGeneral and Insurance Commissioner
3t4qThe following Fire Insurance Companies having complied with
the laws of Georgia are authorized to transact business in the State
for the year 1906
Alliance Fire Insurance Co Philadelphia Pa
American Central Fire 415 Locust Street St Louis Mo
American Fire Insurance Co Newark N J
Agricultural Fire Watertown New York
iEtna Fire Hartford Conn
Atlas Assurance Co London 49 Wall Street New York 1905
Atlanta and Birmingham Birmingham Ala
Atlanta Home Atlanta Ga
Boston Insurance Co Boston Mass
British America 18 Front Street Toronto Canada
Caledonian 27 Pine Street New York London Eng
Citizens Fire St Louis Mo
Commercial Union 58 William Street New York London
Eng
Continental 46 Cedar Street New York
Connecticut Fire Hartford Conn
Dixie Fire Greensboro N C
Eagle Fire Insurance Co of New York
Fidelity Fire New York N Y
Fire Association of Philadelphia 34 Fifth Street Philadelphia
Pa
Firemans Insurance Co Newark N J
Firemans Fund San Francisco Cal
Firemans Fund Insurance Corporation San Francisco Cal
Georgia Home Columbus Ga
German Alliance New York
German Freeport 111
GermanAmerican 115 Broadway New York
Germania Fire 117 Broadway New York
Glens Falls Fire 149 Glen Street Glens Falls N Y
Globe and Rutgers New York
HamburgBremen U S B 62 Cedar Street New York
Hanover Fire 40 Nassau Street New York
Hartford Fire 53 Trumbull Street Hartford Conn
Home 119 Broadway New YorkCOMPTROLLERGENERALS REPORT
9
Insurance Company of North America 232 Walnut St Phil
adelphia Pa
Jefferson Fire Insurance Co Philadelphia Pa
Liverpool and London and Globe U S B 45 William Street
New York Liverpool Eng
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
Lumber Mutual Fire Boston Mass
Mercantile Mutual Fire 10 Weybossett Street Providence R I
Michigan Commercial Lansing Mich
Milwaukee Mechanics Milwaukee
National Fire Hartford Conn
National Union Fire Pittsburgh Pa
Niagara New York
New Hampshire Manchester N H
North German 2 Liberty Street New York
Norwich Union 67 Wall Street New York
North British and Mercantile U S B 54 William Street New
York
Northern Assurance 25 Pine Street New York
North River Insurance Co 84 William Street New York
Orient Insurance Company Hartford Conn
Palatine U S B 21 Nassau Street New York
Pennsylvania Fire 510 Walnut Street Philadelphia Pa
Phoenix Assurance of England U S B 47 Cedar Street New
York XT r
Phoenix of New York 16 Court Street Brooklyn N Y
Phoenix of Connecticut 64 Pearl Street Hartford Conn
Prudential Fire Bluefield W Va
Queen of America 49 Cedar Street New York
Royal Exchange London Eng
Rochester German Rochester N Y
Royal Liverpool England Louisville Ky
Security Fire Insurance Company New Haven Conn
Scottish Union and National U S B 222 Asylum Street Halt
ford Conn
Southern Mutual Athens Ga
Springfield Fire and Marine Springfield Mass
St Paul Fire and Marine St Paul Minn
Sun Insurance Office England 54 Pine Street New York

10
COMPTROLLERGENERALS REPORT
Sun New Orleans La
Traders Fire 160 LaSalle Street Chicago 111
Union Assurance Society London U S B 35 Pine Street New
York
United Firemans Insurance Co Philadelphia Pa
Virginia State Fire Richmond Va
Western Assurance 22 Wellington Street Toronto Canada
Westchester Fire 27 and 29 Pine Street New York
Williamsburg City Fire 13 Broadway Brooklyn N Y
The following Life Insurance Companies having complied with
the laws of Georgia are authorized to transact business in the State
for the year 1906
Atlanta Industrial Life Atlanta
Etna Life Hartford Conn
Chicago Life Insurance Co Chicago 111
Citizens Life Insurance Co Louisville Ky
Columbian National Boston Mass
Connecticut Mutual Life Hartford Conn
Equitable Life 120 Broadway New York
Fidelity Mutual Life Philadelphia Pa
Franklin Life Springfield 111
Germania Life 20 Nassau Street New York
Hartford Life Hartford Conn
Home Life 256 Broadway New York
Illinois Life Chicago 111
Life Insurance Company of Virginia Richmond Va
Manhattan Life of New York
Maryland Life 10 South Street Baltimore Md
Massachusetts Mutual Life 413 Main Street Springfield
Meridian Life and Trust Co Indianapolis Ind
Metropolitan Life 36 Park Place New York
Michigan Mutual Life Detroit Mich
Missouri State Life St Louis
Mutual Benefit Life 752 Broad Street Newark N J
Mutual Life of New York 32 Nassau Street New York
Mutual Reserve Life 305 Broadway New York
National Life Chicago 111
National Life Montpelier VtCOMPTROLLERGENERALS REPORT
11
New England Mutual Life Boston
New York Life 346 and 348 Broadway New York
Northwestern Mutual Life corner Broadway and Milwaukee
Streets Milwaukee Wis
Pacific Mutual Life San Francisco Cal
Prudential Life Newark N J
Penn Mutual Life 921 Chestnut Street Philadelphia Pa
Phoenix Mutual Life Hartford Conn
Philadelphia Life Philadelphia Pa
Pittsburgh Trust and Life Pittsburg Pa
Provident Savings Life 55 Liberty Street New York
Reliance Life Pittsburg Pa
Reserve Loan Life Indianapolis Ihd
Security Life and Annuity Greensboro N C
Security Trust Life Philadelphia Pa
Security Life and Annuity Chicago 111
Security Mutual Life Binghampton N Y
Southern Life Fayetteville N C
State Mutual Life and Annuity Association Rome Ga
Southern States Life Montgomery Ala
Sun Life Assurance Co Montreal Canada
State Life Indianapolis Ind
State Mutual Life Assurance Co Worcester Mass
Travelers Life 56 Prospect Street Hartford Conn
United American Life Wilmington Del
Union Central Life 243 West Fourth Street Cincinnati Ohio
Union Mutual Life Portland Me
Volunteer State Life Chattanooga Tenn
Washington Life 21 Courtlandt Street New York
The following Assessment Fire Life and Accident Insurance
Companies having complied with the laws of Georgia are author
ized to transact business in the State for the year 1906
American Mutual Life Rutledge Ga
Angelus Mutual Insurance Co Moultrie Ga
Athens Cooperative Live Stock Athens Ga
Athens Mutual Fire Insurance Company Athens Ga
American Insurance Company fire Atlanta Gam
mm

12
COMPTROLLERGENERALS REPORT
American Live Stock Insurance Co Macon Ga
American Live Stock Eastman Ga
American Assurance Association life Atlanta Ga
Atlanta Mutual Live Stock Insurance Co Atlanta Ga
Atlanta Mutual Insurance Co Atlanta Ga
Bankers Health and Life Macon Ga
Bell Mutual Live Stock Savannah Ga
Commonwealth Fire Insurance Company Atlanta Ga
Citizens Live Stock Adel Ga
Continental Aid Association Atlanta Ga
Cooperative Live Stock Swainsboro Ga
Cotton Mill Mutual Fire Insurance Company Augusta Ga
Empire Mutual Annuity and Life Insurance Company Atlanta
Ga
Empire State Live Stock Assurance Co Pitts Ga
Farmers Mutual Fire Insurance Company Fort Gaines Ga
Farmers Cooperative and Protective Live Stock Swainsboro
Ga
Farmers Mutual Fire Insurance Company Jackson Ga
Farmers Mutual Fire Insurance Company Madison Ga
Gate City Fire Insurance Company Atlanta Ga
Georgia Cooperative Fire Savannah Ga
Georgia Mutual Fire Insurance Company Atlanta Ga
Georgia Alabama and Florida Live Stock Blakely Ga
Georgia Live Stock Scott Ga
Georgia Live Stock Insurance Company Tifton Ga
Ginners Mutual Insurance Company Athens Ga
Great Southern Home Industrial Association Birmingham Ala
Guaranty Aid and Relief Society Savannah Ga
Home Friendly Society Baltimore Md
Industrial Life and Health Insurance Company Atlanta
Metropolitan Mutual Benefit Association Atlanta Ga
Mutual Life and Industrial Association Athens Ga
Mutual Fire Insurance Company Cordele Ga
Mutual Fire Indemnity Association Augusta Ga
Mutual Benefit Industrial Life Savannah Ga
Mutual Live Stock Insurance Company Athens Ga
Mutual Benefit Life Association Valdosta Ga
National Health and Accident Association Albany Ga
National Live Stock Insurance Company Fitzgerald Ga
Pilgrims Health and Life Association Augusta Ga
GaCOMPTROLLERGENERALS REPORT
13
Planters Live Stock Insurance Co Thomasville Ga
South Georgia Farmers Insurance Company Thomasville Ga
Southern Cooperative Live Stock Athens Ga
Southern Mutual Live Stock Insurance Company Elberton Ga
Sterling Mutual Life of Georgia Madison Ga
Sunlight Fire Insurance Company
Southern Mutual Life Association Atlanta Ga
Southern Life and Health Atlanta Ga
Union Mutual Association Atlanta Ga
Union Benefit Association Savannah Ga
United Live Stock Bainbridge Ga
The following Miscellaneous Companies having complied with
the laws of Georgia are authorized to transact business in the State
for the year 1906
yEtna Indemnity Hartford Conn
American Casualty Reading Pa
American Surety New York
American Bonding and Trust Company Baltimore Md
Continental Casualty Company Hammond Ind
Empire State Surety Company New York
Employers Indemnity Co Philadelphia Pa
Employers Liability Insurance Association 84 and 85 King Wil
liam Street London England and 7i Kilby Street Boston Mass
Federal Union Surety Indianapolis Ind
Fidelity and Casualty 214 Broadway New York
Fidelity and Deposit Company Baltimore Md
Frankfort Marine Accident and Plate Glass United States
Branch New York
General Accident Association Corporation Philadelphia Pa
Great Eastern Casualty 290 Broadway New York
Guarantee of N A 157 St James Street Montreal Canada
Hartford Steam Boiler 218 Main Street Hartford Conn
Lloyds Plate Glass 68 William Street New York
London Guarantee and Accident 139 LaSalle Street Chicago 111
Maryland Casualty Company Baltimore Md
Metropolitan Surety Company 166 Liberty Street New York
Metropolitan Plate Glass Co 166 Liberty Street New York
II I I I
14
COMPTROLLERGENERALS REPORT
National Surety Company New York N Y
New York Plate Glass New York
North American Accident 217 LaSalle Street Chicago
Ocean Accident and Guarantee 346 Broadway New York
Pennsylvania Casualty Scranton Pa
Preferred Accident New York
Standard Life and Accident Detroit Mich
Thames and Mersey Marine 69 Wall Street New York
Title Guaranty and Trust Company Scranton Pa
United States Casualty Company 38 Nassau Street New York
United States Fidelity and Guaranty Baltimore Md
United States Health and Accident Saginaw Mich
United Surety Baltimore Md
The following Fraternal Orders having complied with the laws
of Georgia are authorized to transact business in the State for the
year 1906
Abraham Lincoln Fraternal Society Louisville Ga
American Benevolent Association St Louis Mo
American Fraternity Alexandria Va
American Guild Richmond Va
American Mutual Life Protective Association Elberton Ga
American Woodmen Denver Col
Benevolent Knights of America Meridian Miss
Citizens Mutual Benefit Society Atlanta Ga
Catholic Knights of America St Louis Mo
Chicago Fraternal League Chicago 111
Eminent Household of Columbian Woodmen Atlanta Ga
Farmers Mutual Life Protective Association Atlanta Ga
Foresters Toronto Canada
Fraternal Union Denver Col
Fraternal Life Association Atlanta Ga
Fraternal Relief Association Richmond Va
Fraternal Bankers of America St Louis Mo
Fraternal Censor Dayton Ohio
Fraternal Life Benefit Association Elberton Ga
Fraternities Accident Order Philadelphia Pa
Fraternal Mystic Circle Philadelphia PaCOMPTROLLERGENERALS REPORT
15
Georgia and South Carolina Association Augusta Ga
Heptasophs Baltimore Md
Heralds of Liberty Huntsville Ala
Home Fraternity Association Statesboro Ga
Knights of Honor St Louis Mo
Knights of Agriculture Washington D C
Knights of Columbus New Haven Conn
Knights of Modern MaccabeesPort Huron Mich
Ladies of the Maccabees Port Huron Mich
Masons Annuity Atlanta Ga
Masonic Mutual Relief Association Washington D C
Modern Puritans Norfolk Va
Modern Workmen of the World Alexandria Va
Modern Protective Association Sayre Pa
Mutual Life Fraternal Association Athens Ga
National Benevolent Society Kansas City Mo
National Union Life Association Atlanta Ga
North American Union Chicago 111
Old Dominion Protective Association Alexandria Va
Peoples Mutual Benefit Association Summerville Ga
Royal Arcanum Boston Mass
Royal Benefit Society Washington D C
Royal Fraternal Union St Louis Mo
Senate National Union Toledo Ohio
Southern Mutual Benefit Benevolent Association Augusta Ga
United Benevolent Society Atlanta Ga
United Commercial Travelers Columbus Ohio
United States Protective Society St Louis Mo
United Woodmen Benefit Association Holly Springs Miss
16 COMPTROLLERGENERALS REPORT iETNA INSURANCE COMPANY HARTFORD CC William B Clark President William H Kra Home Office Hartford Conn James S Middleton Atlanta Attorney for Service in ICAPITAL stock 1 Amount of capital stock paid up in cash 4000000 00 2 Amount of ledger assets as per balance December 31 of previous year 12730797 03 NN re Secretary Georgia 12730797 03 ss December 6086947 12 4046 65 579808 00 44943 12 46238 33
IIINCOME As shown by the books at home office at close of busine 31 1905 Marine and Fire Inland 5 Gross premiums1 7804535 52 530229 15 6 Deduct reinsurance rebate abatement and return premiums 2088776 33 159041 22
7 Total premiums other than perpetuals 5715759 19 371187 93 8 Deposit premiums written on perpetual risks gross 9 Interest on mortgage loans 636 00
11 Interest on bonds and dividends on stocks 579172 00
14 Total interest and rents
15 Profit on sale or maturity of ledger assets 16 From all other sources viz Profit and loss items
17 Total income 6761983 22 2948692 17 3522 98
IIIDISBURSEMENTS Marine and Fire Inland 1 Gross amount paid for losses including 53817545 occurring in pre2 Deduct amount received for salvage 13717795 and for reinsurance in other companies 72085365 686420 19 7161141
3 Net amount paid for losses 2733621 42 215070 75 i 4 Deposit premiums returned
COMPTROLLERGENERALS REPORT
17
5 Paid stockholders for interest or dividends amount de
clared during the year including stockholders
tax
8 Commissions or brokerage
9 Salaries fees and all other charges Officers 14791662
clerks 8768689 agents and other employees 241
34387
Repairs and expenses other than taxes on real estate
31134 advertising printing and stationery 51
79666 legal expenses 379157 furniture and fix
tures 15665 miscellaneous 39948537
Taxes on real estate
13 All other taxes licenses and insurance department fees
1960953 municipal licenses 826116 tax on fran
chise 37110 tax on premiums 12638238
14 Loss on sale or maturity of ledger assets
15 All other disbursements viz Agents uncollectable bal
ances and sundry profit and loss items
11
12
670000 00
1039229 15
376947 38
455541 59
5095 92
154624 17
65160 16
53273 91
16 Total disbursements 5772087 43
IVLEDGER ASSETS
1 Book value of real estate unincumbered 576746 00
2 Mortgage loans on real estate first liens 12600 00
4 Book value of bonds excluding interest 1836373564
and stocks 352566315 11889398 79
5 Cash in companys office 112158 deposited in bank
111886295 1119984 53
6 Agents balances representing business written subse
quent to October 1 1905 104673 98
7 Agents balances representing business written prior
to October 1 1905 17289 52
11 Total net ledger assets 13720692 82
NONLEDGER ASSETS
12 Interest accrued on mortgages
15 Interest accrued on other assets
196 00
1625 00
17 Total 1821 00
19 Market value of bonds and stocks over book value 2400400 07
20 Other nonledger assets viz Gross premiums in course
of transmission December 31 741418 50
21 Gross assets
16864332 39
DEDUCT ASSETS NOT ADMITTED
25 Agents balances representing business
written prior to October 1 1905
2 in
17289 5218
COMPTROLLERGENERALS REPORT
28 Depreciation from book value of ledger
assets to bring same to market value
viz Real estate
31746 00
29 Total 49035 52
30 Total admitted assets 16815296 87
VLIABILITIES
1 Gross losses adjusted and unpaid
2 Gross claims for losses in process of ad
justment or in suspense including all
reported and supposed losses
3 Gross claims for losses resisted
144203 51
399355 50
14504 32
4 Total
5 Deduct reinsurance due or accrued

558003 33
113283 68
6 Net amount of unpaid losses and claims
7 Gross premiums less reinsurance re
ceived and receivable upon all unex
pired Are risks running one year or less
from date of policy including interest
premiums on perpetual fire risks 3
80317995 unearned premiums fifty
per cent
8 Gross premiums less reinsurance re
ceived and receivable upon all unex
pired fire risks running more that one
year from date of policy 531370408
unearned premiums pro ratal
9 Gross premiums less reinsurance cash
and bills received and receivable upon
all unexpired inland navigation risks
26535778 unearned premiums fifty
per cent
1901589 98
2897441 46
132678 89
444779 65
12 Total unearned premiums as computed above 4931715 33
13 Amount reclaimable by the insured on perpetual fire
insurance policies being ninetyfive per cent of the
premium or deposit received 85179 09
Commissions brokerage and other charges due or to be
come due to agents and brokers 747S9 41
Return premiums 112920136 reinsurance premiums
11361810 242822 46
20
21
24 Total amount of all liabilities except capital 5779285 94
25 Capital actually paid up in cash 4000000 00
26 Surplus over all liabilities 7036010 93
27 Surplus as regards policyholders
28 Total liabilities
11036010 93
16815296 87
COMPTROLLERGENERALS REPORT
19
Business in the State of Georgia during the year
Fire
Marine and
Inland
Gross risks written14453255 00
Gross premiums re
ceived 226388 79
Losses paid 86454 05
Losses incurred 75743 28
Amount at risk 11510688 00
Tornado Aggregate
345357 00 980560 00 15779172 00
2069 15
1600 00
8903 97
312 90
312 90
1240968 00
237361 9i
86766 95
76056 18
12667656 00
AGRICULTURAL FIRE INSURANCE COMPANY OF WATERTOWN
NEW YORK
W H Stevens President J L Adams Secretary
Principal Office 23 Washington St Watertown N Y
Cliff C Hatches Atlanta Attorney for Service in Georgia
iCAPITAL
1 Whole amount of capital stock 503000 00
2 Amount paid up in cash 500000 00
nASSETS
1 Market value of real estate owned by the company less
the amount of incumbrances thereon 299398 00
2 Loans on bond and mortgage duly recorded and being
first liens on the fee simple 55425S 78
3 Interest due on all said bond and mortgage loans 2
89569 interest accrued thereon 879926 total 11694 95
4 Value of lands mortgaged exclusive of
buildings and perishable improvements 74i363 00
5 Value of buildings mortgaged insured
for 61254000 as collateral 455249 00
6 Total value of said mortgaged premises
carried inside 1201612 00
9 Total par and mark t value of stocks and bonds owned
absolutely by the company carried out at market
value 1205362 00
11 Total amount loaned on stocks and bonds and all other
securities except mortgages 473340 00
12 Cash in companys principal office 6044 85
13 Cash belonging to company deposited in
bank Jefferson County National
National Bank Loan Co National
Union and Watertown National of
Watertown N Y Mercantile Trust
Co of New York City National
Herkimer County Bank of Little Falls
N Y 174600 60
Total cash items 180645 4520
COMPTROLLERGENERALS REPORT
15 Interest due and accrued on stocks and bonds not in
cluded in market value uncollected 12675 08
16 Interest due and accrued on collateral loans and mis
cellaneous assets 13 345 25
17 Cash in hands of agents and in course of transmission 268775 18
Total assets of the company actual cash market
value 3019494 69
IIILIABILITIES
1 Losses due and unpaid 57026 86
2 Gross losses in process of adjustment or
in suspense including all reported and
supposed losses 75846 04
3 Losses resisted including interest cost
and other expenses thereon 12625 50
4 Total gross amount of claims for losses
5 Deduct reinsurance thereon
145498 40
6172 46
6 Net amount of unpaid losses
7 Gross premiums without any deduction
received and receivable upon all unex
pired fire risks running oneyearor less
froti date of policy 93162700 un
earned premiums fifty per cent
8 Gross premiums without any deduction
received and receivable upon all unex
pired fire risks running more than one
year fro 11 date of policy 185385200
unearned premiums pro rata
465813 50
988276 00
11 Total unearned premiums as computed above carried
out
19 All other demands against the company absolute and
contingent due and to become due admitted and
contested viz Commissions brokerage and other
charges due and to become due to agents 5913054
reinsurance 968716
20 Total amount of all liabilities except capital stock
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
139325 94

1454089 50
3817 70
1662233 14
500000 00
857261 55
3019494 69
COMPTROLLERGENERALS REPORT 21
IVINCOME DURING THE YEAR
Fire Risks
1 Gross premiums and bills in course of
collection at close of last previous year
as shown by that years statement 244183 46
3 Net collected 244183 46
4 Gross premiums on risks written and re
newed during the year 1953481 50
5 Total 2197664 96
6 Deduct premiums and bills in course of
collection at this date 268775 18
7 Entire premiums collected during the
year 1928889 78
8 Deduct reinsurance and return premiums 608652 38
9 Net cash actually received for premiums carried out 1320237 40
10 Received for interest on bonds and mortgages 29705 66
11 Received for interests and dividends on stocks and
bonds collateral loans and from all other sources 72687 57
12 Income received from all other sources omitting in
crease if any in value of securities viz Rents 4909lo
15 Aggregate amount of income actually received during
the year in cash 1427539 78
VEXPENDITURES DURING THE YEAR
Fire Risks
1 Gross amount actually paid for losses in
cluding 10688629 losses occuring in
previous years 766765 4S
2 Deduct all amounts actually received for
salvages whether on losses of the last
or of previous year 362893 and all
amounts actually received for rein
surance in other companies 15909552
total deductions162724 45
3 Net amount paid during the year for losses 604041 03
4 Cash dividends actually paid stockholders amount of
stockholders dividends declared during the year 50000 00
6 Paid for commissions or brokerage 8737
7 Paid for salaries fees and other charges of officers
clerks agents and all other employees 9olb9 4
8 Paid for State national and local taxes in this and other
n 52144 67
States
9 All other payments and expenditures viz General and
agency expenses stationery printing postage ex
change and maps
Aggregate amount of actual expenditures during the
year in cash 22 COMPTROLLERGENERALS REPORT
Business in the State of Georgia during the year
Fire risks written 2 o4 100 00
Premiums received gross 26 145 85
Losses paid
Losses incurred nm 2g
ALLIANCE INSURANCE COMPANY OF PHILADELPHIA
Chakles Platt President Henky W Farnum Secretary
Edwabd S Gay Atlanta Attorney for Service in Georgia
Home Office No 232 Walnut Street Philadelphia Pa
ICAPITAL STOCK
1 Amount of capital paid up in
cash 500000 00
Amount of ledger assets as per balance
December 31 of previous year 993236 09
Extended at
993230 09
1 Gross premiums
2 Deduct reinsurance re
bate abatement and re
turn premiums
11INCOME
Fire
432353 26
7S619 08
Marine and
Inland
87004 34
2758 51
3 Total premiums other
than perpetuals 353734 18 S4245 83
4 Deposit premiums written on perpetual risks gross
7 Interest on bonds and dividends on stocks 42095 17
8 Interest from all other sources 573 39
10 Total interests and rents
12 From all other sources viz Perpetual permits trans
fer fees and earned deposits
13 Total income
HIDISBURSEMENT
Fire
1 Gross amount paid for
losses 70065 25
2 Deduct amount received
for salvage 250524 and
for reinsurance in other
companies 252074 2520 74
Marine and
Inland
32811 54
2505 24
437980 01
4995 00
42668 49
10 50
I 485654 00
3 Net amount paid for losses 67534 51 30306 30
97840 81COMPTROLLERGENERALS REPORT
23
4 Deposit premiums returned
8 Commissions or brokerage
9 Salaries fees and all other charges of officers clerks
agents and other employees
lO Rents
13 All other taxes licenses and insurance department fees
15 All other disbursements viz Advertising printing and
stationery 793678 legal expenses 107520 mis
cellaneous 1203550
16 Total disbursements
IVLEDGER ASSETS
4 Book value of bonds excluding interest f 1108219 75
5 Cash in companys office 3089 deposited
in bank 8966283
6 Agents balances representing business
written subsequent to October 1 1905
7 Agents balances representing business
written prior to October 1 1905
8 Bills receivable not matured taken for
marine and inland risks
89693 72
42884 54
112 50
1035 00
250 00
89993 94
21962 38
2163 01
3681 96
21047 48
236944 58
11 Total ledger assets
NONLEDGER ASSETS
19 Market value of bonds and stocks over book value
1211945 51
21 Gross assets
DEDUCT ASSETS MOT ADMITTED
4 Agents balances representing business written piior to
October 1 1905
210 25
1242155 76
112 50
9 Total admitted assets
1242043 26
VLIABILITIES
1 Gross losses adjusted and unpaid not ye
due
2541 30
2 Gross claims for losses in process of ad
justment or in suspense including all
reported and supposed losses 55904 l
4 Total
5 Deduct reinsurance due or accrued
58445 55
12795 25
6 Net amount of unpaid losses and claims
45650 30
i wr
24
7 Gross
COMPTROLLERGENERALS REPORT
premiums less reinsurance re
ceived and receivable upon all unex
pired fire risks running one year or less
from date of policy including interest
premiums on perpetual Are risks
25092637 unearned premium fifty
per cent
8 Gross premiums received and receivable
upon all unexpired Are risks running
more than one year from date of policy
74982 04 unearned premiums pro
rata
9 Gross premium cash and bills received
and receivable upon all unexpired
land navigation and marine risks
earned premiums 100 per cent
m
un
125463 18
63890 10
42021 26
12
13
Total unearned premiums as computed above
Amount reclaimable oy the insured on perpetualfire
insurance policies being 90 percent of the premium
or deposit received
24 Total amount of all liabilities except capital
25 Capital actually paid up in cash
26 Surplus overall liabilities
27 Surplus as regards policyholders
28 Total liabilities
500000 00
460747 92
231374 54
4270 50
281295 34
960747 92
1242043 26
AMERICAN CENTRAL INSURANCE COMPANY OF
ST LOUIS MO
Gbo T Cram President T w A
t Jno H Adams Secretary
Principal Office 816 Olive Street
C H Dillingham Columbus Attorney for Service in Georgia
I CAPITAL
1 Whole amount of capital stock 1000000 00
IIASSETS
2 Loans on bond and mortgage duly recorded and being
first hens on the fee simple rnn AA
4 Value of lands mortgaged exclusiveof
buildings and perishable improvements 10 000 00
5 Value of buildings mortgaged insured
for 1290000 as collateral 12i70o 0
9 Total par and market value of stocks anoTboed
absolutely by the company carried out at market value 3507636 30COMPTROLLERGENERALS REPORT
25
11 Total amount loaned on stocks bonds and all other
securities except mortgages 170000 00
12 Cash in companys principal office 11925 15
13 Cash belonging to the company deposited
in bank 221890 43
Total cash items 233815 58
17 Cash in hands of agents and in course of transmission 321008 47
Total assets of the company actual cash market
value 4239960 35
IIILIABILITIES
1 Losses due and unpaid 60886 91
2 Gross losses in process of adjustment or
in suspense including all reported and
supposed losses 124151 91
3 Losses resisted including interest costs
and other expenses thereon 14328 59
4 Total gross amount of claims for losses 193o7 41
5 Deduct reinsurance thereon 52447 73
6 Net amount of unpaid losses 146919 68
7 Gross premiums without any deduction
received and receivable upon all unex
pired Are risks running one year or less
from date of policy 137003062 un
earned premiums fifty per cent 685015 31
8 Gross premiums without any deduction
received and receivable upon all unex
pired fire risks running more than one
year from date of policy 169780431
unearned premiums pro rata 928356 03
11 Total unearned premiums as computed above carried
out 161337134
19 All other demands against the company absolute and
contingent due and to become due admitted and con
tested viz Commissions due agents on premiums in
course of collection 48151 27
20 Total amount of all liabilities except capital stock
andnetsurplus n nnn nn
21 Joint stock capital actually paid up in cash 1000000 00
23 Surplus beyond capital and all other liabilities 1431olS ob
24 Aggregate amount of all liabilities including capital
paid up and net surplus 4239960 35
26
COMPTROLLERGENERALS REPORT
INCOME DURING THE YEAR
Fire Risks
1 Gross premiums and bills in course of col
lection at close of last previous year as
shown by that years statement
2 Net collected
4 Gross premiums on risks written and re
newed during the year
5 Total
6 Deduct premiums and bills in course of
collection at this date
7 Entire premiums collected during the
year
8 Deduct reinsurance on return premiums
278144 34
278144 34
2936 148 54
321492 88
321008 47
2893284 41
914120 33
9
10
11
15
Net cash actually received for premiums carried out 1979164 08
Received for interest on bonds and mortgages 412 00
Received for interests and dividends on stocks and bonds
collateral loans and from all other sources 173232 19
Aggregate amount of income actually received during
the year in cash 2152808 27
VEXPENDITURES DURING THE YEAR
On Fire Risks
1 Gross amounts actually paid for losses in
cluding 12868773 losses occurring in
previous years 1210916 60
2 Deduct all amounts actually received for
salvages whether on loss s of the last or
of previous year 1716362 and all
amounts actually received for reinsur
ance in other companies 21364997
total deductions 220813 59
3 Net amount paid during the year for losses
4 Cash dividends actually paid stockholders amount of
stockholders dividends declared during the year 100
00000
6 Paid for commissions or brokerage
7 Paid for salaries fees and other charges of officers
clerks agents and all other employees
8 Paid for State national and local taxes in this and other
States
9 All other payments and expenditures viz Rent 7
88892 postage exchange express and telegraph
1448333 advertising 313057 general expenses
2040944 total
990103 01
120000 00
393101 99
102271 83
48049 97
249597 23
Aggregate amount of actual expenditures during the
yearincah 1903124 03COMPTROLLERGENERALS REFORT
27
Business in the State of Georgia during the year
Fire risks written 2629384 00
Premiums received aross 45209 99
Losses paid 21422 67
Losses incurred 25964 66
AMERICAN INSURANCE COMPANY OF NEW JERSEY
E O Dorbmus President Jas H Wokdbn Secretary
HomeOffice 70 Park Place Newark N J
Olin L Patillo Atlanta Attorney for Service in Georgia
iCapital Stock
1 Amount of capital paid up in
cash 600000 00
Amount of ledger assets as per balance
December 31 of previous year 5220430 75
Extended at 5220430 75
IIINCOME
Fire and Tor
1 Gross premiums 2947174 62
2 Deduct reinsurance rebate abatement
and return premiums 658206 26
3 Total premiums other than perpetuals
5 Interest on mortgage loans 79703 87
7 Interest on bonds and dividends on stocks 10i703 88
8 Interest from all other sources 4614 69
9 Gross rents from companys property 12432 22
2288968 36
10 Total interest and rents
11 Profit on sale or maturity of ledger assets
13 Total income
203454 60
196485 28
2688908 30
IIIDISBCRSEMBNTS
1 Gross amount paid for losses including
17094876 occurring in previous years
2 Deduct amount received for salvage
2783262 and for reinsurance in other
companies 10246553
Fire ami Tor
1083285 94
130298 15
Net amount paid for losses
Paid stockholders for interest or dividends amount
declared during the year 10200000 9589502
paid policyholders lamount declared during the
year 15000 14500
Commissions or brokerage
952987 79
96040 02
472773 8828
COMPTROLLERGENERALS REPORT
9 Salaries fees and all other charges of officers clerks
agents and other employees
11 Repairs and expenses other than taxes on real estate
12 Taxes on real estate
13 All other taxes licenses and insurance department fees
14 Loss on sale or maturity of ledger assets
15 All other disbursements Advertising printing station
ery postage express traveling legal and miscella
neous expenses
16 Total disbursements
122835 19
2890 24
5551 01
67887 69
3245 13
174168 40
IVLEDGER ASSETS
1 Book value of real estate unincumbered
2 Mortgage loans on real estate
4 Book value of bonds excluding interest 266364270
and stocks 50269164
5 Cash in companys office 116204 deposited in bank
22126746
6 Agents balances representing business written subse
quent to October 1 last
7 Agents balances representing business written prior
to October 1 last
9 Bills receivable taken for fire risks
11 Total ledger assets
1898379 35
533900 00
1524175 75
3166334 34
222429 50
298426 14
5478 90
260215 07
601095970
NONLEDGER ASSETS
12 Interest due 622609 and accrued 1650410 on mort
gages
13 Interest due and accrued on stocks and bonds
16 Rents due
22730 19
41194 90
128 00
21 Gross assets
6075012 79
DEDUCT ASSETS NOT ADMITTED
4 Agents balances representing business
written prior to October 1 last
5 Bills receivable past due taken for fire
risks
7 Depreciation from book value of ledger
assts to bring same to market value
viz Stocks and bonds carried below
book and market values
5478 90
48871 95
15304 34
8 Total
9 Total admitted assets
69655 19
6005357 60
VLIABILITIES
1 Gross losses adjusted and unpaid not yet
due
3239 21COMPTROLLERGENERALS REPORT 29
2 Gross claims for losses in process of ad
justment or in suspense including all
reported and supposed losses 166437 13
3 Gross claims for losses resisted 6756 17
4 Total 176432 51
5 Deduct reinsurance due or accrued 28843 78
6 Net amount of unpaid losses and claims 147588 73
7 Gross premiums less reinsurance re
ceived and receivable upon all unex
pired Are risks running one year or less
from date of policy including interest
premiums on perpetual fire risks 1076
88221 unearned premiums fifty per
cent 538441 10
8 Gross premiums lass reinsurance re
ceived and receivable upon all unex
pired Are risk running more than one
year from date of policy 380834916
unearned premiums pro rata 2152854 43
12 Total unearned premiums as computed above 2691295 53
18 Cash dividends remaining unpaid to stockholders
3057607 to policyholders 17600 30752 07
20 Commissions brokerage and other charges due or to be
come due to agents and brokers 10526186
24 Total amount of all liabilities except capital 2974898 19
25 Capital actually paid up in cash 600000 00
26 Surplus over all liabilities 2430459 41
27 Surplus as regards policyholders 3030459 41
28 Total liabilities 6005357 60
Business in the State of Georgia during the year
Risks written fire 1184369 00
Premiums received 14431 26
Losses paid 328 80
Losses incurred 5624 82

ATLAS ASSURANCE COMPANY LIMITED LONDON
Frank Lock U 3 Manager 19 Wall Street New York
Ciipp C Hatcher Atlanta Attorney for Service in Georgia
ICAPITAL
1 Whole amount of capital stock 11000000 00
2 Amount paid up in cash 1320000 0030
COMPTROLLERGENERALS REPORT
IIASSETS
1 Market value of real estate owned by the company less
the amount of incumbranees thereon
9 Total par and market value of stocks and bonds owned
absolutely by the company carried out at market
value
2 Cash in companys principal office 5933 39
3 Cash belonging to the company deposit
ed in bank Merchants National Bank
New York 8487479 Manhattan Trust
Co New York 1745070 National
Bank of Illinois Chicago f 252528
First National Bk Chicago 2797526
Canadian Bank of Commerce San
Francisco 2133258 Mercantile Trust
Co San Francisco 672824 total 160886 85
15
17
Total cash items
Interest due and accrued on stocks not included in
market value uncollected
Gross premiums in course of collection on policies not
more than three months due
All other assets both real and personal
viz Due from Manchester Assurance
Co 1323114 due from sundry debt
ors I6S42 13299 56
Less unadmitted assets 631 37
Total assets of the company actual cash market
35000 00
1524295 00
166S20 24
1976 63
238576 27
12668 19
value
1997146 33
IIILIABILITIES
1 Losses due and unpaid
2 Gross losses in process of adjustment or
in suspense including all reported and
supposed losses
3 Losses resisted including interest costs
and other expenses thereon
4 Total gross amount of claims for
losses
5 Deduct reinsurance thereon
6 Net amount of unpaid losses
7 Gross premiums without any deduction
received and receivable upon all unex
pired fire risks running one year or less
from date of policy 8 106060102 un
earned premiums fifty per cent
11510 91
63851 39
4875 00
80237 30
6357 59
73879 71
530300 51COMPTROLLERGENERALS REPORT
31
Gross premiums without any deduction
received and receivable upon all unex
pired fire risks running more than one
year from date of policy 91270439
unearned premiums pro rata
515434 55
11
19
20
23
24
Total unearned premiums as computed above carried
out
All other demands against the company absolute and
contingent due and to become due admitted and con
tested viz Commission 4771525 reinsurance
1471519
Total amount of all liabilities except capital stock
and net surplus
Surplus beyond capital and all other liabilities
Aggregate amount of all liabilities including capital
paid up and net surplus
IV INCOME DURING THE TEAK
On Fire Risks
Gross premiums and bills in course of col
lection at close of last previous year
as shown by that years statement 309782 91
Net collected 309782 91
Gross premiums on risks written and re
newed during the year 1937429 80
Total 2247212 72
Deduct premiums and bills in course of
collection at this date 244150 95
Entire premiums collected during the
year 2003055 76
Deduct reinsurance and return pre
507460 74
1045735 06
62430 44
1182045 21
815101 12
1997146 33
miums
9
11
15
Net cash actually received for premiums carried out
Received for interest and dividends on stocks and bonds
collateral loans and from all other sources
Aggregate amount of income actually received during
the year in cash
V EXPENDITURES DURING THE YEAR
On Fire K sks
Gross amount actually paid for losses in
cluding 10324143 losses occurring in
previous years 705077 32
1495595 02
50455 95
1546050 9732
COMPTROLLERGENERALS REPORT
2 Deduct all amounts actually received for
salvages whether on losses of the last
or of previous year 701887 and all
amounts actually received for reinsur
ance in other companies 3747680
total deductions 44 495 47
3 Net amount paid during the year for losses 66118185
6 Paid for commissions or brokerage 330693 76
7 Paid for salaries fees and other charges of officers
clerks agents and all other employees 116231 27
8 Paid for State national and local taxes in this and other
States 48883 31
9 All other payments and expenditures viz Rents 11
32438 local boards 1925784 advertising 940573
postage 1311232 traveling 3148344 sundry ex
penses 2963830 total 114222 01
10 Amount sent to home offices during the year 7285563
Aggregate amount of actual expenditures during
the year in cash 271 212 20
Business in the State of Georgia during the year
Fire risks written qh joq qq
Premiums received gross 29 488 01
0SsesPaid 1L16093
Losses incurred 1174102
ATLANTABIRMINGHAM FIRE INSURANCE COMPANY OF
BIRMINGHAM ALA
J T Dargax President r0bt N Hughs Secretary
Principal Office Empire Building Atlanta Ga
J T Dargan Atlanta Attorney for Service in Georgia
ICAPITAL
1 Whole amount of capital stock 250 000 00
2 Amount paid up in cash 250000 00
TIASSETS
2 Loans on bond and mortgage duly recorded and being
first liens on the fee simple 4 850 00
3 Interest due on all said bond and mortgage loans 7500
interest accrued thereon 12531 total 200 31
4 Value of lands mortgaged exclusive of
buildings and perishable improvements 8750 00
5 Value of buildings mortgaged insured
for 590000 as collateral 70 0COMPTROLLERGENERALS REPORT
33
6 Total value of said mortgaged premises
carried inside 18500 00
9 Total par and market value of stocks and bonds owned
absolutely by the company carried out at market
value 489920 00
11 Total amount loaned on stock bonds and all other
securities except mortgages 1000 00
12 Cash in companys principal office 6981 80
13 Cash belonging to the company deposited
in bank 46817 20
Total cash items 53799 00
15 Interest due and accrued on stocks not included in
market value uncollected 1627 93
16 Interest due and accrued on collateral loans and un
collected 334 79
17 Cash in hands of agents and in course of transmission 100517 48
All other assets both real and personal viz
Furniture and fixtures and maps 13901 49
Total assets of the company actual cash market
value 665951 00
IIILIABILITIES
2 Gross losses in process of adjustment
or in suspense including all reported
and supposed losses 15342 16
3 Losses resisted including interest costs
and other expenses thereon 1956 00
4 Total gross amount of claims for losses 17298 16
5 Deduct reinsurance thereon 6032 12
6 Net amount of unpaid losses
7 Gross premiums without any deduction
received and receivable upon all un
expired fire risks running one year or
less from date of policy 368953 98
unearned premiums fifty percent 184476 99
8 Gross premiums without any deduction
received and receivable upon all unex
pired Are risks running more than one
year from date of policy 19724654
unearned premiums pro rata 124862 73
11 Total unearned premiums as computed above carried
out
11266 04
309339 72
3 in34
COMPTROLLERGENERALS REPORT
20 Total amount of all liabilities except capital stock
scrip and net surplus 320605 76
21 Joint stock capital actually paid up in cash 250000 00
23 Surplus beyond capital and all other liabilities 95345 24
24 Aggregate amount of all liabilities including capital
paid up and net surplus 665951 00
IVINCOME DURING THE YEAR
Fire Risks
4 Gross premiums on risks written and re
newed d uring the year
8 Deduct reinsurance and return premiums
787773 97
287318 41
9 Net cash actually received for premiums carried out
10 Received for interest on bonds and mortgages
11 Received for interests and dividends on stocks and
bonds collateral loans and from all other sources
13 Received for increase capital 2750000 received for
increased surplus 2750000 total
15 Aggregate amount of income actually received during
the year in cash

500455 56
744 19
20020 63
55000 00
576220 38
EXPENDITURES DURING THE YEAR
1 Gross amount actually paid for losses in
cluding 206L568 losses occurring in
previous years
2 Deduct all amounts actually received for
salvages whether on losses of the last
or of previous year 830403 and all
amounts actually received for rein
surance in other companies 8135402
total deductions
Fire Risks
352820 00
89658 05
3 Net amount paid during the year for losses 263161 95
4 Cash dividends actually paid stockholders amount of
stockholders div dends declared during the year 26567 10
6 Paid for commissions or brokerage 129253 55
7 Paid for salaries fees and other charges of officers
clerks agents and all other employees 64354 09
8 Paid for state national and local taxes in this and other
states 22402 51
9 All other payments and expenditures viz Rents 2
85300 loss on assets 3040 miscellaneous accounts
1669062 19574 02
Aggregate amount of actual expenditures during
the year in cash 525313 22COMPTROLLERGENERALS REPORT 35
Business in the State of Georgia during the year
Fire risks written 3126522 00
Premiums received gross 54884 68
Losses paid 21521 06
Losses incurred 21077 96
ATLANTA HOME FIRE INSURANCE COMPANY OF ATLANTA GA
Robt J Lotvry President Joel Hurt Secretary
Principal Office 223 Equitable
ICAPITAL
1 Whole amount of capital stock 200000 00
2
Amount paid up in cash 200000 00
II ASSETS
1 Market value of real estate owned by the company less
the amount of incumbrances thereon 70000 00
9 Total par and market value of stocks and bonds
owned absolutely by the company carried out at
market value 168460 00
11 Total amount loaned on stocks and bonds and all other
securities except mortgages 18000 00
12 Cash in compani s principal officeif 43 51
13 Cash belonging to the company deposited
inbankLowry National Bank 53
55173 Trust Co of Georgia 766855 61220 28
Total cash items 61263 79
17 Cash in hands of agents and in course of transmission 23320 59
All other assets both real and personal viz Office fur
niture 3500 00 reinsurance premiums 6 63 3506 63
Total assets of the company actual cash market
value 34455101
IIILIABILITIES
2 Gross losses in process of adjustment or
in suspense including all reported and
supposed losses 3085 00
3 Losses resisted including interest costs
and other expenses thereon 1600 00
4 Total gross amount of claims for losses 4685 00
7 Gross premiums without any deduction
received and receivable upon all unex
pired Are risks running one year or less
from date of policy 3304091 un
earned premiums fifty per cent 66081 83s6
COMPTROLLERGENERALS REPORT
8 Gross premiums without any deduction
received and receivable upon all unex
pired fire risks running more than one
year from date of policy unearned
premiums pro rata
28309 76
11 Totalunearned premiums as computed abovecarried out
20
21
23
24
Total amount of all liabilities except capital stock scrip
and net surplus
Joint stock capital actually paid up in cash
Surplus beyond capital and all other liabilities
Aggregate amount of all liabilities including capital
paid up and net surplusI
IVINCOME DURING THE YEAH
On Marine and
Inland Risks
Gross premiums and bills in course of
collection at close of last previous year
as shown by that years statement
Netcollected
Gross premiums on risks written and re
newed during the year
Total
Deduct premiums and bills in course of
collection at this date
15836 30
15836 30
115392 48
131228 78
23320 59
9
10
11
12
15
Entire premiums collected during the
year 107908 19
Deduct reinsurance and return premiums 27526 19
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
Incomereceived from allother sourcesomitting increase
if any in value of securities viz Rents 482453
Increase of market value of stocks
Aggregate amount of income actually received during
the year in cash
VEXENDITURES DURING THE YEAR
Gross amount actually paid for losses in
cluding 334000 losses occurring in
previous years
Deduct all amounts actually received for
salvages whether on losses of the last
or of previous year
On Fire Rises
39391 30
3543 71
61350 67
66035 67
200000 0f
78515 34
344551 01
S0382 00
6192 50
3178 65
5366 16
3210 00
98329 31COMPTROLLERGENERALS REPORT 37
3 Net amount paid during the year for losses 35847 59
4 Cash dividends actually paid stockholders amount of
stockholders dividends declared during the year 12000 00
6 Paid for commissions or brokerage 14624 65
7 Paid for salaries fees and other charges of officers
clerks agents and all other employees 1 001 00
8 Paid for State national and local taxes in this and other
States 418970
9 All other payments and expenditures8128 32
Aggregate amount of actual expenditures during
the year in cash 85791 26
Business in the State of Georgia during the year
Fire risks written 2995144 00
Premiums received gross 54230 69
Losses paid gross 24282 69
Losses incurred
BOSTON FIRE INSURANCE COMPANY OF BOSTON MASS
Ransom B Fuller President Thos H Lord Secretary
Principal Office 137 Milk St
W L Wilson Savannah Attorney for Service in Georgia
ICAPITAL
1 Whole amount of capital stock L000 00 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 I5000 00
2 Loans on bond and mortage duly recorded and being
first liens on the fee simplo 1132910 w
3 Interest due on all said bond and mortgage loans 8
34427 interest accrued thereon 214440 total 0488 6
4 Value of lands mortgaged exclusive of j
buildings and perishable improve
ments f
5 Value of buildings mortgaged insured
for 99330000 as collateral
6 Total value of said mortgage premises
carried inside 2442800 00
7 Amountof other loans 71000 00
9 Total par and market value of stocks and bonds owned
absolutely by the company carried out at market m g7
value38
COMPTROLLERGENERALS REPORT
11 Total amount loaned on stock bonds and all other se
curities except mortgages 71 000 00
12 Cash in companys principal office 1213 48
13 Cash belonging to the company deposited
in bank 598855 34
Total cash items 600068 82
15 Interest due and accrued on stocks not included in
market value uncollected 4 ggg 33
16 Interest due and accrued on collateral loans and un
collected 212 50
17 Premiums in course of collection not over three months
Pasfc due 266694 89
18 Bills receivable taken for marine and inland risks 62714 89
All other assets both rea and personal viz Due from
other companies for reinsurance on losses already paid
234856 American Mutual Insurance Co scrip 81
05000 deposit with fire boards 20000 359s 56
Total assets of the company actual cash market
value 4430294 63
IIILIABILITIES
1 Losses due and unpaid 13964 50
2 Gross losses in process of ad j ustment or in
suspense including all reported and
supposed losses 255658 76
3 Losses resisted including interest costs
and other expenses thereon 3050 00
4 Total gross amount of claims for losses 272673 26
5 Deduct reinsurance thereon 35158 20
6 Net amount of unpaid losses 237515 06
7 Gross premiums without any deduction
received and receivable upon all unex
pired fire risks running one year or less
from date of policy 49929591 un
earned premiums 50 per cent 249647 95
Excess of original premiums over amount
received for reinsurance 322715 un
earned premiumspro rata 1859 95
8 Gross premiums without any deduction
received and receivable upon all un
expired Are risks running more than
one year from date of policy 64312423
unearned premiums pro rata 356877 74
9 Gross premiums without any deduction
including both cash and bills received
and receivable upon all unexpired in
land navigation and marine risks 15
35991 unearned premiums 100 per cent 15359 91COMPTROLLERGENERALS REPORT 39
10 Gross premiums without anyldeduction
received and receivable on all unex
pired marine risks 66261191 un
earned premiums 60 per cent 397567 15
11 Total unearned premiums as computed above carried
1021312 70
out 4418 15
18 Reinsurance premiums
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 or to become due to agents and brokers esti
mated 3308371 contingent salvage account 297750 360611
Total amount of all liabilities except capital stock scrip
net surplus
21 Joint stock capital act ally paid up in cash 000000 uu
23 Surplus beyond capital and all other liabilitiesf1 ox
24 Aggregate amount of all liabilities including capital
paidupandnet surplus 4430294 6d
IVINCOME DURING THE YEAR
Marine and
Fire Risks Inland Risks
I Gross premiums andbills
in course of collection at
close of lastprevious year
as shown by that years
statement 119310 94 175688 71
3 Net collectedI 119310 91 175688 71
4 Gross premiums on risks
written and reneweddur QR7Qo
I 087 745 63 l3486o7 93
ing the year 1wlu
5 Total 1207056 57 1524346 64
6 Deduct premiums and bills
in course of collection at
this date 130303 42 29390 26
7 Entire premiums collected 3g
duringtheyear iuioioo o
8 Deduct reinsurance aud
return premiums bl0D iu
9 Net cash actually received
iutPrerai0mCred 00567 0817747 UJMJJI
10 Received for interest on bonds and mortgages
II Received for interests and dividends on stocks and bonds
collateral loans and from all other sources 40
COMPTROLLERGENERALS REPORT
12 Income received from all other sources omitting in
crease any in value of securities viz Rente 1
55260 dividend National Suffolk Bank 5200 real
estatei Orient Heights 315 59 refund bond tax 5
93785 total 7888 01
15 Aggregate amount of income actually received during
the year in cash 1932174 10
VEXPENDITURES DCBING THE YEAR
Marine and
1 ii Fire Risks Inland Risks
1 Oross amount actually
paid for losses including
22361555 losses occur
ring in previous year 375684 07 84662191
2 Deduct all amounts ac
tually received for sal
vages whether on losses
of the last or of previous
year 8756063 and all
amounts actually re
ceived for reinsurance in
other companies 251
10748 total deductions 71914 35 266753 76
3 Net amount paid during
the year for losses 303769 72 579868 13 883637 87
4 Cash dividends actually paid stockholders amount of
stockholders dividends declared during the year 120000 00
6 Paid for commissions or brokerage 310040 39
7 Paid for salaries fees and other charges of officers
clerks agents and all other employes 145997 88
8 Paid for State national and local taxes in this and other
Q f e8 42885 27
v All other payments and expenditures 85934 53
Aggregate amount of actual expenditures during
the year in cash i58M95 94
Butiness in the State of Georgia during the year
Marine and inland risks written j 237 44 00
Premiums received gross 1964 84
COMPTROLLERGENERALS REPORT
41
BRITISH AMERICA ASSURANCE COMPANY TORONTO CANADA
Hon Geo A Cox President P H Sims Secretary
Principal Office 18 and 20 Front St East Toronto Canada
Geo J Dexter Atlanta Attorney for Service in Georgia
IIASSETS
9 Total par and market value of stocks and bonds ownd
absolutely by the company carried out at market
value 1211674 24
13 Cash belonging to the company deposited in Canadian
Bank of Commerce N Y 118370 67
15 Interest due and accrued on stocks not included in
market value uncollected 12638 94
17 Cash in hands of agents and in course of transmission 258994 36
Total assets of the company actual cash market
value 1601678 21
IIILIABILITIES
1 Losses due and unpaid 20960 91
2 Gross losses in process of adj ustment or in
suspense including all reported and
supposed losses 57663 56
3 Losses resisted including interest costs
and other expenses thereon 3884 22
6 Net amount of unpaid losses 82508 69
7 Gross premiums without any deduction
received and receivable upon all unex
pired fire risks running one year or
less from date of policy 99923440
unearned premiums fifty per cent 499017 20
S Gross premiums without any deduction
received and receivable upon all unex
pired fire risks running more than one
year from date of policy 77101784
unearned premiums pro rata 409464 92
9 Gross premiums without any deduction
including both cash and bills re
ceived and receivable upon all unex
pired Inland navigation and marine
risks 9146016 45730 08
10 Gross premiums without any deduction
received and receivable on all unex
pired marine risks 3701 50
11 Total unearned premium as computed above carried
out i 958513 7042
19
20
23
24
COMPTROLLERGENERALS REPORT
All other demands against the Company absolute and
contingent due and to become due admitted and con
tested viz Commissions brokerage etc
58729 11
Total amount of all liabilities except capital stock and
net surplus 1099751 50
Surplus beyond capitaland all other liabilities 501926 71
Aggregate amount of all liabilities including capital
paid up and net surplus 1601678 21
Gross premiums and bills
in course of collection at
close of last previous year
as shown by that years
statement
IVINCOME DURING THE YEAH
Fire Risks
Marine and
Inland Risks
152863 47 16819 45
Net collected 152863 47 16819 45
Gross premiums on risks
written and renewed dur
ing the year 1631255 02 246987 02
Total 1784118 49 26306 47
Deduct premiums and bills
in course of collection at
this date 236457 21 22537 15
Entire premiums collected
during the year 1547061 28 241269 32
Deduct reinsurance and re
turn premiums 378656 89 40513 87
9
11
15
Net cash actually received
for premiums carriedout 116900139 200755 45 1369759 84
Received for interests and dividends on stocks and
bonds collateral loans and from all other sources 35764 10
Aggregate amount of income actually received during
the year in cash 1405523 94
VEXPENDITURES DURING THE YEAR
Fire Risks
Marine and
Inland Risks
Gross amount actually paid
for losses including 97
84273 losses occurring in
previous years 724554 64 259974 92COMPTROLLERGENERALS REPORT
43
2 Deduct all amounts actu
ally received for salvages
whether on losses of the
last or of previous years
2692442and all amounts
actually received for rein
surance in other compa
nies 108678 70 total
deductions
89892 35
45710 77
3 Net amount paid during the
year for losses 634662 29 21426115 848926 44
6 Paid for commissions or brokerage 247570 18
7 Paid for salaries fees and other charges of officers
clerks agents and all other employes 72138 87
8 Paid for State national and local taxes in this and
other States 63108 97
9 All other payments and expenditures 103964 64
Aggregate amount of actual expenditures during
the year in cash 1335709 10
Business in the State of Georgia during the year
Risks written
Premiums received gross
Losses paid
Losses incurred
Fire Risks
1655397 00
29812 74
11150 18
8784 90
Marine and
Inland Risks
100259 00
242 70
2504 49
2504 49
Aggregate
1755656 00
30055 44
13654 67
11289 39
CALEDONIAN FIRE INSURANCE COMPANY OF EDINBURGH
SCOTLAND
Chas H Post U S Manager R C Christopher Asst Manager
Principal office in U S 50 and 52 Pine St New York N Y
C S Mathkws Atlanta Attorney for Service in Georgia
ICAPITAL
1 Whole amount of capital stockifc 5000000 00
2 Amount paid up in cash 537500 00
IIASSETS
1 Market value of real estate owned by the company less
the amount of incumbrances thereon
9 Total par and market value of stocks and bonds owned
absolutely by the company carried out at market
434489 53
value
1086987 5044
COMPTROLLERGENERALS REPORT
12 Cash in companys principal office 1015 81
13 Cash belonging to the company deposited
in bank 175822 46
4 Total gross amount of claims for losses
5 Deduct reinsurance thereon
123304 02
13866 06
6 Net amount of unpaid losses
7 Gross premiums without any deduction
received and receivable upon all unex
pired fire risks running one year or less
from date of policy 94844592 un
earned premiums fifty per cent
8 Gross premiums without any deduction
received and receivable upon all un
expired Are risks running more than
one year from date of policy 1104
83425 unearned premiums pro rata
474222 96
614923 63
176838 27
11134 14
189432 62
439 06
11214 90
Total cash items
15 Interest due and accrued on stocks not included in
market value uncollected
17 Cash in hands of agents and in course of transmission
18 Bills receivable not matured taken for Are marine and
inland risks
All other assets both real and personal viz Due from
other companies for reinsurance on losses already
paid 673582 due from other companies 447908
Total assets of the company actual cash market
value 1910536 02
IIILIABILITIES
1 Losses due and unpaid 52494 95
2 Gross losses in process of adjustment or
in suspense including all reported and
supposed losses 57594 91
3 Losses resisted including interest costs
and other expenses thereon 13214 16
109437 96
1089146 59
37326 27
11 Total unearned premiums as computed
above carried out
19 All other demands against the company absolute and
contingent due and to become due admitted and
contested viz reinsurance premiums 2732627
contingent 1000000
20 Total amount of all liabilities except capital stock
scrip and net surplus 1235910 82
23 Surplus beyond capital and all other liabilities 674625 20
24 Aggregate amount of all liabilities including capital
paid up and net surplus 1910536 02
COMPTROLLERGENERALS REPORT 45
IVINCOME DURING THE YEAB
4 Gross premiums on risks written and re
newed during the year 1934238 48
8 Deduct reinsurance and return premiums 555567 02
9 Net cash actually received for premiums
carriedout 137867146
11 Received for interests and dividends on stocks and bonds
collateral loans and from all other sources 40000 93
12 Income from all other sources omitting increase if any
in value of sureties viz Rents 20373 52
15 Aggregate amount of income actually received during
the year in cash 1439045 91
VEXPENDITURES DURING THE YEAR
On Fire Risks
1 Gross amount actually paid for losses
including 11850636 losses occurring
in previous years 897lo8 9o
2 Deduct all amounts actually received for
salvages whether on losses of the last
or of previous year 608170 and all
amounts actually received for reinsur
ance in other companies 24297063
total deductions 249052 33
3 Net amount paid during the year for losses tfATn 94
6 Paid for commissions or brokerage 325410 M
7 Paid for salaries fees and other charges of officers
clerks agents and all other employes 101099 U
8 Paid for State national and local taxes in this and other
States
9 All other payments and expenditures
10 Amount sent to home offices during the year 16144205
Aggregate amount of actual expenditures during the
i18255 Di
year in cash
Business in the State of Georgia during the year
848325 00
Fire risks written gQ g
Premiums received gross 678 78
Losses paid 2 131 07
Losses incurred
36667 41
71269 28
46
COMPTROLLERGENERALS REPORT
CITIZENS EIRE INSURANCE COMPANY OF MISSOURI
Sol E Waggoner President j h Cakr Secretary
Principal Office Century Building St Louis Mo
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 400 00
2 Loans on mortgage duly recorded and being first liens
on the fee simple 093 215 00
3 Interest due on all mortgage loans and interest ac
crued thereon 3 qq
4 Value of lands mortgaged exclusive of
buildings and perishable improvements 455500 00
5 Value of buildings mortgaged insured
for 25955000 as collateral 299500 00
6 Total value of said mortgaged premises
carried inside 755000 00
Total par and market value of stocks and bonds
owned absolutely by the company carried out at
marketvalue 310900 00
12 Cash in companys principal office 259 10
13 Cash belonging to the company deposited
in bank Merchants Laclede National
Bank St Louis 5938335 Bankers
Trust Co M Y 1522768 WellsFar
go Bank San Francisco 129767
Lowry National Bank Atlanta 10
6986 total 85978 56
Total cash items eR 0q7 oP
15 Interest due and accrued on bonds not included in mar
ket value uncollected Km
it n u 1 j o4oo 00
17 Cash in hands of agents and in course of transmission
gross premiums in course of collection 148 966 28
Total assets of the company actual cash market
Value 846701 94
IIILIABILITIES
1 Losses due and unpaid 354 12
2 Gross losses in process of adjustment or
in suspense including all reported and
suDiiosed losses j2l 088 G5COMPTROLLERGENERALS REPORT
47
3 Losses resisted including interest costs
and other expenses thereon
4 Total gross amount of claims for losses
5 Deduct reinsurance thereon
10044 27
143487 04
111372 44
6 Net amount of unpaid losses
7 Gross premiums without any deduction
received and receivable upon all unex
pired fire risks running one year or less
from date of policy 36094400 un
earned premiums fifty per cent 180472 00
8 Gross premiums without any deduction
received and receivable upon all unex
pired fire risks running more than one
year from date of policy 314843 00
unearned premiums pro rata 174360 45
11 Total unearned premiums as computed above carried
out
19 All other demands against the company absolute and
contingent due and to become due admitted and con
tested viz Commissions on premiums in course of
collection
20 Total amount of all liabilities except capital stock
scrip and net surplus
21 Joint stock capital actually paid up in cash
23 Surplus beyond capital and all other liabilities
24 Aggregate amount of all liabilities including capital
paid up and net surplus
IVINCOME DURING THE YEAR
On Marine and
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 state
ment 122759 28
2 Deduct amount of same not
collected 1219 23
3 Net collected 121540 05
4 Gross premiumson risks writ
ten and renewed during the
year2183695 99
5 Total 2305236 04
6 Deduct premiums and bills in
course of collection at this
date 148966 28
32114 60
354832 45
27573 13
414520 18
200000 00
232181 76
846701 94
25 04
25 04
296 28
321 32I

48
COMPTROLLERGENERALS REPORT
7 Entire premiums collected
during the year2156269 76
8 Deduct reinsurance and re
turn premiums1702429 64
321 32
207 39
9 Net cash actually received for
premiums carried out 453840 12 113 93
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 in
crease if any in value of securities viz Received
from stockholders for credit account surplus
15 Aggregate amount of income actually received during
the year in cash 503187 79
VEXPENDITURES DURING THE YEAR
On Fire Risks
1 Gross amount actually paid for losses in
cluding 12238278 losses occurring in
previous years
2 Deduct all amounts actually received for
salvages whether on losses of the last
or of previous year 365654 and all
amounts actually received for reinsur
ance in other companies 70697954
963816 40
total deductions
710636 OS
3 Net amount paid during the year for losses
6 Paid for commissions or brokerage
7 Paid for salaries fees and other charges of officers
clerks agents and all other employees
8 Paid for state national and local taxes in this and other
states1
9 All other payments and expenditures viz Rents 2
26706 printing and stationery 212410 legal
14574 furniture and fixtures 42396 sundries
36101 49 total
10 Loss in sale of ledger assets
453954 05
12407 52
11826 22
25000 00
253ISO 32
88563 62
38269 35
16308 66
41062 35
3063 21
Aggregate amount of actual expenditures during
the year in cash
Business in the State of Georgia during the year
Fire risks written
Premiums received gross
Losses paid
Losses incurred
440147 51
2428090 00
45706 28
14610 07
27251 86COMPTROLLERGENERALS REPORT 49
COMMERCIAL UNION ASSURANCE COMPANY LIMITED OF
LONDON ENGLAND
A H Wkay Manager
Principal Office in United States Corner Pine and Williams Sts New York
Jacob Haas Atlanta Attorney for Service in Georgia
IIASSETS
1 Market value of real estate owned by the company less
the amount of incumbrances thereon 888000 00
2 Loans on bond and mortgage duly recorded and being
first liens on the fee simple 47000 00
3 Interest due on all said bond and mortgage loans and
interest accrued thereon 236 25
4 Value of lands mortgaged exclusive of
buildings and perishable improvements 29000 00
5 Value of buildings mortgaged insured for
5080000 as collateral 57000 00
6 Total value of said mortgaged premises
carried inside 86000 00
Total par and market value of stocks and bonds
owned absolutely by the company carried out at
marketvalue 3157976 25
12 Cash in companys principal office 14217 72
13 Cash belonging to company deposited in
bank Morton Trust Co New York
7212077 National Bank of Commerce
New York 13449837 American Ex
change National Bank New York
2947376 AngloCalifornian Bank
San Francisco 4724834 First Nation
al Bank Denver 14785 National
Union Bank Boston 2421775 80770684
Total cash items 321924 06
15 Interest due and accrued on stocks not included in
market value uncollected
17 Cash in hands of agents and in course of transmission 5o9288 94
18 Bills receivable not matured taken for Are marine and
inland risks
All other assets both real and personal viz
i a 10014 16
Rents due and accrued
Total assets of the company actual cash market
value
450
COMPTROLLERGENERALS REPORT
IIILIABILITIES
1 Losses unpaid not yet due 66137 49
2 Gross losses in process of adjustment or
in suspense including all reported and
supposed losses 271516 00
3 JiOsses resisted including interest costs
and other expenses thereon 34590 00
4 Total gross amount of claims for losses
5 Deduct reinsurance thereon
372243 49
24857 49
6 Net amount of unpaid losses
7 Gross premiums without any deduction
received and receivable upon all un
expired fire risks running one year or
less from date of policy 246549531
unearned premiums fifty per cent 1232747 66
8 Gross premiums witnout any deduction
received and receivable upon all un
expired fire risks running more than
one year froai date of policy 3305
37392 unearned premiums prorata 1603944 27
9 Gross premiums without any deduction
including both cash and bills re
ceived and receivable upon all unex
pired inland navigation and marine
risks 19723 83
Gross premiums without any deduction
received and receivable on all unex
pired marine risks 34777 64
347386 00
10
11 Total unearned premiums as computed above carried
out
12 Net premiums reserve and all other liabilities except
capital under the life insurance or any other special
department
19 All other demands against the company absolute and
contingent due and to become due admitted and con
tested viz Return premiums 1496439 reinsurance
premiums 5859441
2891193 40
106656 68
73558 80
20 Total amount of all liabilities except capital stock
scrip and net surplus 3418794 88
23 Surplus beyond capital and all other liabilities 1569320 45
24 Aggregate amount of all liabilities including capital
paid up and net surplus 4988115 33COMPTROLLERGENERALS REPORT 51
IVINCOME DURING THE YEAR
Maiine
Fire Risks and Inland Bisks
1 Gross premiums and bills in
in course of collection at
close of last previous year
as shown by that years
statement 654920 67 22516 67
3 Net collected 654920 67 22516 67
4 Gross premiums on risks
written and renewed dur
ing the year 4567926 01 234354 63
5 Total5222846 68 25687 30
6 Deduct premiums and bills in
course of collection at this
date 626843 38 23132 24
7 Entire premiums collected
during the year4596003 30 233739 06
8 Deduct reinsurance and re
turn premiums1449829 14 40722 50
9 Net cash actually received for
premiums carried out 3146174 16 193016 56 3339190 72
10 Received for interest on bonds and mortgages 4649 29
11 Received for interests and dividends on stocks and
bonds collateral loans and from all other sources 135467 98
12 Income received from all other sources omitting in
crease if any in value of siecurities viz Rents 63
65381 profit on sale or maturity of ledger assets 2
589 33 total 66243 14
15 Aggregate amount of income actually received during
the year in cash 3545551 13
VEXPENDITURES DURING THE YEAR
Marine
Fire Risks and Inland Risks
1 Gross amount actually paid
for losses including 362
52355 losses occurring in
previous years1864163 26 319204 11
2 Deduct all amounts actually
received for salvages
whether on losses of the
last or of previous year
2702453 and all amounts
actually received for rein
surance in other companies
203 52520 total de
ductions 183828 55 46721 1852
COMPTROLLERGENERALS REPORT
3 Net amount paid during the
year for losses1680334 71 272482 93
4 Deposit premiums returned
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 re
pairs and expenses on real estate national and local
boards printing and stationery postage telegrams
exchange express advertising and subscriptions and
sundries
10 Amount sent to home offices during the
year 636847 73
Aggregate amount of actual expenditures during
the year in cash
Business in the State of Georgia during the year
1952817 64
2038 43
677718 14
165212 10
105945 06
192795 50
Fire risks written
Premiums received gross
Losses paid
Losses incurred
3096526 87
6404094 00
101338 72
56613 72
47788 90
CONNECTICUT FIRE INSURANCE COMPANY HARTFORD
J D Browne President Charles R Burt Secretary
Home Office 51 Prospect Street Hartford Connecticut
J L Riley Atlanta Attorney for Service in Georgia
ICAPITAL STOCK
1 Amount of capital paid up
in cash 1000000 00
Amount of ledger assets
as per balance Decem
ber 31 1904 5061608 91
Extended at 5061608 91
IIINCOMB
As shown by the books at the home office at close of business December
31 1905
Fire Risks
1 Gross premiums 3872857 94
2 Deduct reinsurance rebate abatement
and return premiums 753048 22
3 Total premiums other than perpetuals 3119809 72COMPTROLLERGENERALS REPORT 53
5 Interest on mortgage loans 53940 9J
7 Interest on bonds and dividends on stocks 143410 87
Interest from all other sources 3996 17
8
9 Gross rents from companys property 4790 46
Total interest and rents J JJ
Profit on sale of maturity of ledger assets
10
11
3337547 44
13 Total income
IIIDISBURSEMENTS
As shown by the books at the home office at the close of business December
31 1905
Fire Risks
1 Gross amount paid for losses including
23433291 occurring in previous years 1681192 28
2 Deduct amount received for salvage 7
637 41 and for reinsurance in other
companies f 14329729 150934 70
3 Net amount paid for losses SSI 00
5 Paid stockholders for interest or dividends JU
8 Commissions or brokerage
9 Salaries fees and all other charges of officers clerks
agents and other employees nl25 48
10 RentsVll qsmu sn
11 Repairs and expenses other than taxes on real estate A8U4 50
12 Taxes on real estateT IV ikitk s
13 All other taxes licenses and insurance department fees 110746 f
15 All other disbursements Advertising printing and sta
tionery 5537449 legal expenses 560251 furniture
and fixtures 446390 miscellaneous expenses 128
31408
2839687 78
16 Total disbursements
193754 98
IVLEDGEK ASSETS
182850 00
1 Book value of real estate unincumbered
2 Mortgage loans on real estate first liens lwwt w
4 Book value of bonds excluding interest 34947o029
stocks 41534744 3910097
5 Cash in Companys office 49760 deposited in banks
viz National Exchange Bank Hartford 1710156
Mercantile Trust Company Boston 3328999 Conti
nental National Bank Chicago 5304767 Anglo
California Bank San Francisco 2110273 279009 66
6 Agents balances representing business written subse
quent to October 1 1905
7 Agents balances representing business written prior to
October 1 1905 2e450 03
9 Bills receivable taken for fire risks
5559468 57
11 Total ledger assets54
COMPTROLLERGENERALS REPORT
NONLEDGER ASSETS
19 Market value of bonds and stocks over book value 131517 27
20 Other nonledger assets viz Gross pre
miums in course of collection Decem
ber 31 not more than three months due 245000 00
Deduct cost of collection commission
brokerage and other expenses 105000 00
Net amount of uncollected premiums not more than
three months due 140 000 00
21 Gross assets 5830985 84
DEDUCT ASSETS NOT ADMITTED
4 Agents balances representing business
written prior to October 1 1905 6089 93
5 Bills receivable past due taken for
fire risks 11276 55
8 Total 17366 48
9 Total admitted assets 5 13 gig 30
VLIABLITIES
1 Gross losses adjusted and unpaid 61882 77
2 Gross claims for losses in process of ad
justment or in suspense including all
reported and supposed losses 174172 79
3 Gross claims for losses resisted 28971 18
4 Total 265026 74
5 Deduct reinsurance due or accrued 32895 71
6 Total amount of unpaid losses and claims 232 131 03
7 Gross premiums less reinsurance re
ceived and receivable upon all unex
pired fire risks running one year or less
from date of policy including interest
premiums on perpetual Are risks 1
86454345 unearned premiums fifty
per cent 932271 73
8 Gross premiums less reinsurance re
ceived and receivable upon all unex
pired firs risks running more than one
year from date of policy 355840862
unearned premiums pro rata 1920043 43
12 Total unearned premiums as computed above 2852315 16COMPTROLLERGENERALS REPORT 55
21 Returned premiums 36000 00 reinsurance premiums
3400000 No 20 assets shows net cash due after de
ducting these accrued expenses
24 Total amount of all liabilities except capitalI 3084446 19
25 Capital actually paid up in cash 1000000 00
26 Surplus over all liabilities 1729173 17
27 Surplus as regards policyholders 2729173 17
28 Total 5813619 36
Business in the State of Georgia during the year
r fi 1142500 00
Bisks written Are 20 108 99
Premiums received
T 79b 4d
Losses paid 10 182 83
Losses incurred
CONTINENTAL FIRE INSURANCE COMPANY OF NEW YORK
Henry Evans President J E Lopez and E I Ballakd Secretaries
Principal Office 46 Cedar Street New York N Y
J L Riley Co Atlanta Attorneys for Service in Georgia
ICAPITAL
1 Whole amount of capital stock 1
2 Amount paid up in cash 1000000 00
IIASSETS
16350 00
434 85
1 Market value of real estate owned by the company less
the amount of incumbrances thereon iiou
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 perishable improvements 13800 W
5 Yalue of buildings mortgaged insured
for 2292500 as collateral 5 UU UU
6 Total value of said mortgaged premises
js 39500 00
carried inside
9 Total par and market value of stocks and bonds owned
absolutely by the companycarried out at market 0Q
value i a11 ka
12 Cash in companys principal office mmmmmmmammm
56
COMPTROLLERGENERALS REPORT
13 Oash belonging to the company deposited
in bank First National Bank New
York 50590889 Central Trust Com
pany New York 24781005 Brook
lyn Trust Company Brooklyn N Y
8259751 Franklin Trust Company
Brooklyn N Y 8251962 First Na
tional Bank Brooklyn E D N Y
1729372 U S Mortgage Trust
Co New York 2579128 Mechanics
National Bank New York 9811909
CrockerWoolworth National Bank
Ban Francisco Cal 250000 First
National Bank Chicago 111 4189180
total 1104431 96
Total cash items 1118043 52
15 Interest due and accrued on stocks not included in mar
ket value uncollected 93075 00
17 Cash in hands of agents and in course of transmission 897055 11
18 Bills receivable not matured taken for lire marine
and inland risks 9 ggg gg
All other assets both real and personal viz Rents due
and accrued 208 69
Total assets of the company actual cash market
value 16384501 83
IIILIABILITIES
2 Gross losses in process of adjustment or
in suspense including all reported and
supposed losses 294192 62
3 Losses resisted including interest costs
and other expenses thereon 51079 00
4 Total gross amount of claims for losses 345271 62
5 Deduct reinsurance thereon 17062 45
6 Net amount of unpaid losses 328 209 17
7 Gross premiums without any deduction
received and receivable upon all unex
pired fire risks running one year or less
from date of policy 355236495 un
earned premiums fifty per cent 1776182 47
8 Gross premiums without any deduction
received and receivable upon ail unex
pired Are risks running more than one
year from date of policy 824601404
unearned premiums pro rata 4381555 76
11 Total unearned premiums as computed above carried
out 6157738 23COMPTROLLERGENERALS REPORT
57
474329 30
19 All other demands against the company absolute and
contingent due and to become admitted and con
tested viz Reinsurance 1975258 commissions
brokerage due and to become due to agents and
brokers 15457672 reserve for contingencies 300
00000 total
20 Total amount of all liabilities except capital stock scrip
and net surplus 6960276 70
21 Joint stock capital actually paid up in cash 1000000 00
23 Surplus beyond capital and all other liabilities8424225 13
24 Aggregate amount of all liabilities including capital
paid up and net surplus 16384501 83
Amount of unearned premiums repre
sented by installment notesbeing the
whole amount of such notes 1835115 60
IVINCOME DURING THE YEAR
Fire Risks
1 Gross premiums and bills in course of
collection at close of last previous year
as shown by that years statement 866740 13
2 Deduct amount of same not collected 18371 2o
3 Net collected 848368 88
4 Gross premiums on risks written and re
newed during the year 7035782 54
5 Total 7884151 42
6 Deduct premiums and bills in course of
collection at this date 906924 77
7 Entire premiums collected during the
year
6977226 65
5934613 72
1544 82
542917 71
30627 47
8 Deduct reinsurance and return premiums 1042612 93
9 Net cash actually received for premiums carried out
10 Received for interest on bonds and mortgages
11 Received for interest and dividends on stocks and bonds
collateral loans and from all other sources
12 Income received from all other sources omitting in
crease if any in value of securities viz Rents
15 Aggregate amount of income actually received during
The year in cash 6509703 72
VEXPENDITURES DURING THE YEAR
Fire Risks
1 Gross amount actually paid for losses
including 37832675 losses occurring
in previous years 2892036 84
58
COMPTROLLERGENERALS REPORT
Deduct all amounts actually received for
salvages whether on losses of the last
or of previous year 1289761 and all
amounts actually received for reinsur
ance in other companies 21569509
total deductions
228592 70
3 Net amount paid during the year for losses 2683444 14
4 Cash dividends actually paid stockholders amount of
stockholders dividends declared during the year 360000 00
5 Scrip or certificates of profits redeemed in cash and in
terest paid to scripholders 324 80
6 Paid for commissions or brokerage 1294683 50
7 Paid for salaries fees and other charges of officers
clerks agents and all other employees 409161 45
8 Paid for State national and local taxes in this and other
States 151115 05
9 All other payments and expenditures viz Rents 13
33083 miscellaneous 31762739 total 33095ft 22
Aggregate amount of actual expenditures during
the year in cash 5209687 16
Business in the State of Georgia during the year
Fire risks written 9009931 00
Premiums received gross 140206 62
Losses paid 40415 6
Losses incurred 39546 60
DIXIE FIRE INSURANCE COMPANY OF GREENSBORO N C
James B Blades President James F Cobb Secretary
Principal Office 125 South Elm Street
Otis A Murphy Atlanta Attorney for Service in Georgia
1capital
1 Whole amount of capital stock 500000 00
2 Amount paid up in cash 500000 00
ilassets
9 Total par and market value of stocks and bonds owned
absolutely by the company carried out at market value 121165 00COMPTROLLERGENERALS REPORT 59
13 Cash belonging to the company deposited in bank City
National Bank Greensboro N C 25205500 Battery
Park Bank Asheville N C 9004660 First National
Bank Wilson N C 10869170 Charlotte Trust Co
Charlotte N C 8090420 First National Bank Eliza
beth City N C 8558750 Citizens Bank Elizabeth
City N C 705000 Bank of Lexington Lexington
N C 300000 Citizens Bank Windsor N C 1
50000 total cash items 628835 00
Total assets of the company actual cash market value 750000 00
IIILIABILITIES
21 Joint stock capital actually paid up in cash 500000 00
23 Surplus beyond capital and all other liabilities 250000 00
24 Aggregate amount of all liabilities including capital paid
up and net surplus 750000 00
THE EAGLE FIRE INSURANCE COMPANY OF NEW YORK
Theo H Pbice President Wm G Whilden Secretary
Principal Office 82 Beaver Street
J L Riley Atlanta Attorney for Service in Georgia
1capital
1 Whole amount of capital stock 300000 00
2 Amount paid up in cash 300000 00
nASSETS
9 Total par and market value of stocks and bonds owned
absolutely by the company carried out at market value 869060 00
12 Cash in companys principal office 7399 62
13 Cash belonging to the company deposited
in bank Oriental 6405996 New
York Trust 395375 total 68013 71
Total cash items 75413 33
15 Interest due and accrued on stocks not included in mar
ket value uncollected
All other assets both real and personal as per schedule
viz Due from other companies for reinsurance on
losses already paid Eastern N J 439 Calumet 111
184 Rossia St Petersburg 500 n 2360
COMPTROLLERGENERALS REPORT
Gross premiums in course of collection not more than
three months due
Gross premiums in course of collection over three months
due 57 97
114687 61
Total assets of the company actual cash market value 1060151 60
IIILIABILITIES
1 Losses due and unpaid 23590 74
2 Gross losses in process of adjustment or
in suspense including all reported and
supposed losses 24413 33
3 Losses resisted including interest costs
and other expenses thereon 957 98
4 Total gross amount of claims for losses 48962 05
5 Deduct reinsurance thereon 7210 20
6 Net amount of unpaid losses
7 Gross premiums without any deduction
received and receivable upon all unex
pired fire risks running one year or
less from date of policy 36401799
unearned premiums fifty per cent 182009 00
8 Gross premiums without any deduction
received and receivable upon all unex
pired fire risks running more than one
year from date of policy 13360429
unearned premiums pro rata 109990 97
41751 85
11 Total unearned premiums as computed above 291999 97
15 Dividends declared and remaining unpaid or uncalled for 2826 24
17 Due and accrued for salaries rent advertising and for
agency and other miscellaneous expenses 4000 00
19 All other demands against the company absolute and
contingent due and to become due admitted and con
tested viz Reserve for taxes and contingencies 25
00000 commissions 28671 90 53671 90
Total 394249 96
21 Joint stock capital actually paid up in cash 300000 00
23 Surplus beyond capital and all other liabilities 365901 64
24 Aggregate amount of all liabilities including capital paid
up and net surplus 1060151 60
IVINCOME DURING THE YEAH
4 Gross premiums on risks written and re
newed during the year as shown in
risk and premium exhibit 669096 27
COMPTROLLERGENERALS REPORT 61
6 Deduct premiums and bills in course of
collection at this date 114745 58
7 Entire premiums collected during the
year
8 Deduct reinsurance and return premi
554350 69
159705 04
9
Net cash actually received for premiums 394645 65
11 Received for interests and dividends on stocks and bonds
collateral loans and from all other sources 21213 69
12 Income received from all other sources omitting in
crease if any in value of securities viz Rents 1508
34 from sale of real estate 16520000 and securities
15584 85
173499 96
679162
15 Aggregate amount of income actually received during the
year in cash
VEXPENDITURES DURING THE YEAE
1 Gross amount actually paid for losses 68943 73
2 Deduct all amounts actually received for
salvages whether on losses of the last
or of previous year 300986 and all
amounts actually received for reinsur
ance in other companies 1257499
total deductions
3 Net amount paid during the year for losses 53358
i Cash dividends actually paid stockholders amount of
stockholders dividends declared during the year 0 JU
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
Stat6S
9 All otherpayments and expenditures viz Real estate
expenses 122208 rents 251336 sundry 4795753
loss on sale of securities 202437 total
9174 94
53717 34
Aggregate amount of actual expenditures during the
year in cash
Business in the State of Georgia during the year
740696 00
Fire risks written 9661 28
Premiums received gross 13 20
Losses paid 1501 50
Losses incurred
62 COMPTROLLERGENERALS REPORT
FIDELITY FIRE INSURANCE COMPANY OF NEW YORK
Henbt Evans President J E Lopez E L Ballabd Secretaries
Principal Office 46 Cedar Street
CAPITAL AND SURPLUS
Capital stock 1000000 00
Surplus 1000000 00
Special reserve for unearned premium fund 500000 00
Total paid up in cash 2500000 00
ASSETS
Ledger assets 2500000 00
Total admitted assets 2500000 00
LIABILITIES
Special reserve for unearned premium fund 500000 00
Capital actually paid up in cash 1000000 00
Surplus over all liabilities 1000000 00
Surplus as regards policy holders 2000000 00
Total liabilities 2500000 00
Total amount of the companys stock owned by the directors
at par value 207800 00
FIRE ASSOCIATION OF PHILADELPHIA PENNSYLVANIA
E C Irvin President m G Garbigues Secretary
Principal Office 407 and 409 Walnut Street
W E Chapin Atlanta Attorney for Service in Georgia
ICAPITAL
1 Whole amount of capital stock 500 000 00
2 Amount paid up in cash 500000 00
ilassets
1 Market value of real estate owned by the company less
the amount of incumbrances thereon 419 iqo 00
2 Loans on bond and mortgage duly recorded and being
first liens on the fee simple 1452 128 99
3 Interest due on all said bond and mortgage loans 6872
91 interest accrued thereon 1826998 total 25142 89COMPTROLLERGENERALS REPORT 63
4 Value of lands mortgaged exclusive of
building and perishable improvements 1503842 00
5 Value of buildings mortgaged insured
for 1449365 as collateral 2242399 00
6 Total value of said mortgaged premises
carried inside 3746241 00
9 Total par and market value of stocks and bonds owned
by the company carried out at market value 4122178 87
11 Total par and market value and amount loaned thereon 159800 00
12 Cash in companys principal office 36416 87
13 Cash belonging to the company deposited
in bank 222609 37
Total cash items 259026 24
15 Interest due and accrued on stocks not included in mar
ket value uncollected 38179 06
16 Interest due and accrued on collateral loans and uncol
lected 408 43
17 Cash in hands of agents and in course of transmission 534833 93
All other assets both real and personalviz Rents due
and accrued 200082 due from other companies for
reinsurance on losses already paid 286253 4863 35
Total assets of the company actual cash market value 7015661 76
IIILIABILITIES
1 Losses adjusted and unpaid 96536 92
2 Gross losses in process of adjustment or
in suspense including all reported and
supposed losses 176530 75
3 Losses resisted including interest costs
and other expenses thereon 39774 66
4 Total gross amount of claims for losses 312842 33
5 Deduct reinsurance thereon 34156 94
6 Net amount of unpaid losses 278685 39
7 Gross premiums without any deduction
received and receivable upon all unex
pired fire risks running one year or less
from date of policy 273073422 un
earned premiums fifty per cent 1365367 11
8 Gross premiums without any deduction
received and receivable upon all unex
pired fire risks running more than one
year from date of policy 297066077
unearned premiums pro rata 1560741 18
11 Total unearned premiums as computed above carried
2926108 29
out 64 COMPTROLLERGENERALS REPORT
12 Net premiums reserve on perpetual deposits 1758265 14
20 Total amount of all liabilities except capital stock scrip
and net surplus 4963058 82
21 Joint stock capital actually paid up in cash 500000 00
23 Surplus beyond capital and all other liabilities 1552602 94
24 Aggregate amount of all liabilities including capital paid
up and net surplus 7015661 76
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 523666 12
3 Net collected 523666 12
4 Gross premiums on risks written and re
newed during the year 5055883 33
5 Total 5579549 45
6 Deduct premiums and bills in course of
collection at this date 534833 93
7 Entire premiums collected during the
year 5044715 52
8 Deduct reinsurance and return premi
ums 1293477 32
9 Net cash actually received for premiums carried out 3751238 20
10 Received for interest on bonds and mortgages 59091 17
11 Received for interests and dividends on stocks and bonds
collateral loans and from all other sources 186899 42
12 Income received from all other sources omitting in
crease if any in value of securities viz Rents 29
53140 profit and loss 156847 earned deposits 4
33902 miscellaneous 409421 total 39533 10
14 Perpetual premiums 46758 55
15 Aggregate amount of income actually received during
the year in cash 4083520 44
VEXPENDITURES DURING THE YEAR
1 Gross amount actually paid for losses
including 26611115 losses occurring
in previous years 2220315 69
2 Deduct all amounts actually received for
salvages whether on losses of the last
or of previous year 1493122 and all
amounts actually received for reinsur
ance in other companies 29080407
total deductions 305735 29COMPTROLLERGENERALS REPORT 65
3 Net amount paid during the year for losses 1914580 40
4 Cash dividends actually paid stockholders amount of
stockholders dividends declared during the year 200000 00
6 Paid for commissions or brokerage 955817 31
7 Paid for salaries fees and other charges of officers
clerks agents and all other employes 241683 77
8 Paid for State national and local taxes in this and other
States 96210 06
9 All other payments and expenditures viz Repairs to
real estate 1035980 printing and stationery 18392
miscellaneous 12981231 profit and loss 330411
total 161868 22
10 Return deposit premiums 73023 70
Aggregate amount of actual expenditures during the
year in cash 3643183 46
Business in the State of Georgia during the year
Fire risks written 5431001 00
Premiums received gross 77910 67
Losses paid 38400 83
Losses incurred 34607 60
FIREMENS INSURANCE COMPANY OF NEWARK NEW JERSEY
Daniel H Dunham President A H Hassingeb Secretary
Principal Office 784 and 786 Broad Street
James L Riley Atlanta Attorney for Service in Georgia
ICAPITAL
1 Whole amount of capital stock 1000000 00
2 Amount paid up in cash 1000000 00
UASSETS
1 Market value of real estate owned by the company less
the amount of incumbrances thereon 111217 62
2 Loans on bond and mortgage duly recorded and being
first liens on the fee simple 1577305 00
3 Interest due on all said bond and mortgage loans 1705
interest accrued thereon 1997444 total 21679 44
9 Total par and market value of stocks and bonds owned
absolutely by the company carried out at market value 1883935 00
12 Cash in companys principal office 726 54
13 Cash belonging to the company deposited
in bank National Newark Banking Co 60908 91
Total cash items 61635 45
S in
66 COMPTROLLERGENERALS REPORT
15 Interest due and accrued on stocks not included in mar
ket value uncollected 11568 75
17 Cash in hands of agents and in course of transmission 123379 87
All other assets both real and personal viz Rents due
and accrued 3333 due from other companies for re
insurance on losses already paid Camden Fire Ins
Assn 10810 St Paul F M 89385 Concordia
42051 Munich 235647 German of P 8204 3894 30
Total assets of the company actual cash market value 3794615 43
IIILIABILITIES
1 Losses due and unpaid 29891 00
2 Gross losses in process of adjustment or
in suspense including all reported and
supposed losses 42440 95
3 Losses resisted including interest costs
and other expenses thereon 12243 23
4 Total gross amount of claims for losses 84575 18
5 Deduct reinsurance thereon 8876 53
6 Net amount of unpaid losses 75698 65
7 Gross premiums without any deduction
received and receivable upon all unex
pired fire risks running one year or
less from date of policy 674077 un
earned premiums fifty per cent 337038 50
8 Gross premiums without any deduction
received or receivable upon all unex
pired fire risks running more than one
year from date of policy 104753691
unearned premiums pro rata 587120 35
11 Total unearned premiums as computed above carried
out 924158 85
20 Total amount of all liabilities except capital stock scrip
and net surplus 999857 50
21 Joint stock capital actually paid up in cash 1000000 00
22 Scrip outstanding 2381 22
23 Surplus beyond capital and all other liabilities 1792376 71
24 Aggregate amount of all liabilities including capital paid
11 and net surplus 3794615 43
IVINCOME DUBING THE TEAE
1 Gross premiums and bills in course of
collection at close of last previous year
as shown by that years statement 184096 73
3 Net collected 184096 73COMPTROLLERGENERALS REPORT
4 Gross premiums on risks written and re
newed during the year 1273180 39
5 Total 1457277 12
6 Deduct premiums and bills in course of
collection at this date 205577 42
67
7 Entire premiums collected during the year 1251699 70
8 Deduct reinsurance and return premiums 256275 22
9 Net cash actually received for premiums carried out 995424 48
10 Received for interest on bonds and mortgages 78476 25
11 Received for interests and dividends on stocks and bonds
collateral loans and from all other sources 81643 75
12 Income received from all other sources omitting increase
if any in value of securities viz Rents 11236 72
15 Aggregate amount of income actually received during the
year in cash 1166781 20
VEXPENDITURES DURING THE YEAR
1 Gross amount actually paid for losses in
cluding 9213233 losses occurring in
previous years 490797 65
2 Deduct all amounts actually received for
salvages whether on losses of the last
or of previous year 32305 and all
amounts actually received for reinsur
ance in other companies 4192712 to
tal deductions 42250 17
3 Net amount paid during the year for losses 448547 48
4 Cash dividends actually paid stockholders amount of
stockholders dividends declared during the year 120000 00
6 Paid for commissions or brokerage 246272 79
7 Paid for salaries fees and other charges of officers clerks
agents and all other employees 43275 53
8 Paid for State national and local taxes in this and other
States 37320 09
9 All other payments and expenditures viz Agency ex
penses and adjustment expenses 5544900 real estate
expenses and repairs 110591 loss on sale of real
estate 142427 total 2530 18
10 Amount sent to home office during the
year 57979 18
Aggregate amount of actual expenditures during the
year in cash
953395 0768
COMPTROLLERGENERALS REPORT
FIREMANS FUND INSURANCE COMPANY OF SAN FRANCISCO CAL
Wm J Dutton President Louis Weinmann Secretary
Principal Office San Francisco California
Edgar S Wilson Macon Attorney 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 amout of incumbrances thereon 478150 00
2 Loans on bond and mortgage duly recorded and being
first liens on the fee simple 187850 00
3 Interest due on all said bond and mortgage loans 170
70 interest accrued thereon 55960 total 730 30
4 Value of lands mortgaged exclusive of
buildings and perishable improvements 446000 00
5 Value of buildings mortgaged insured
for 6235000 as collateral 176500 00
6 Total value of said mortgaged premises
carried inside 602500 00
7 Amount of other loans 507250 00
9 Total par and market value of stocks and bonds owned
absolutely by the company carried out at market value 4766714 00
11 Total amount loaned on stocks bonds and all other se
curities except mortgages 507250 00
12 Cash in companys principal offices San
Francisco 423445 Boston 884178
Macon Ga 71695 13793 18
13 Cash belonging to the company deposited
in banks CrockerWoolworth National
Bank S F Cal 2198795 San Fran
cisco National Bank S F Cal 21625
23 Bank of California S F Cal 28
74102 AngloCalifornian Bank Lim
ited S F Cal 2411494 Union
Trust Co S F Cal 2123769 Sav
ings and Loan Society S F Cal 13
02309 San Francisco Savings Union
S F Cal 1966942 Corn Exchange
National Chicago 4206081 Shawmut
National Bank Boston 6471617 Na
tional Park Bank New York 7012930
I C Plants Son Banker Macon Ga
732944 Exchange Bank Macon Ga
1055618 First National Bank Albu
querque N M 1000000 Bishop Co
Bankers Honolulu H I 723500 total 362426 24
Total cash items
376219 42COMPTROLLERGENERALS REPORT 69
16 Interest due and accrued on collateral loans and uncol
lected 925 57
17 Cash in hands of agents and in course of transmission 795716 13
18 Bills receivable not matured taken for fire marine and
42832 35
inland risks
All other assets both real and personal viz Advances
on marine disasters 131996 in hands of London cor
respondents for convenient settlement of marine losses
payable in England 7484446 76164 42
Total assets of the company actual cash market value 7232552 19
IIILIABILITIES
2 Gross losses in process of adjustment or
in suspense including all reported and
supposed losses 542192 95
3 Losses resisted including interest costs
and other expenses thereon 9500 00
4 Total gross amount of claims for losses 551692 95
5 Deduct reinsurance thereon 219291 27
6 Net amount of unpaid losses 332401 68
7 Gross premiums without any deduction
received and receivable upon all unex
pired fire risks running one year or less
from date of policy 227829204 un
earned premiums fifty per cent 1139146 02
8 Gross premiums without any deduction
received and receivable upon all unex
pired fire risks running more than one
year from date of policy 280959743
unearned premiums pro rata 1483295 68
10 Gross premiums without any deduction
received and receivable on all unexpired
marine risks 359288 41
11 Total unearned premiums as computed above carried
out
19 All other demands against the company absolute and
contingent due and to become due admitted and con
tested viz Commissions brokerage and other charges
due or to become due to agents and brokers 15027590
special reserve for contingencies 5000000
9 Total amount of all liabilities except capital stock and
2981730 11
200275 90
20 Total amount or an nauiuuea bcv gg
net surplus Innnnnn no
21 Joint stock capital actually paid up in cash 1 000000 uu
23 Surplus beyond capital and all other liabilities 2b90us
24 Aggregate amount of all liabilities including capital paid
up and net surplus 70
COMPTROLLERGENERALS REPORT
1 Gross premiums and bills
in course of collection at
close of last previous
year as shown by that
years statement
3 Net collected
4 Gross premiums on risks
written and renewed
INCOME DURING THE TEAR
Fire Marine Inland
634672 02 171553 31
634672 02 171553 31
during the year 4601115 43 1590261 5S
Total
Deduct premiums and bills
in course of collection at
this date
5235787 45 1761814 89
666535 28 172013 20
1589801 69
871554 00
3889156 89
13260 75
222312 86
22731 27
7 Entire premiums collected
during the year 4669252 17
8 Deduct reinsurance and
return premiums 1398342 97
9 Net cash actually received
for premiums carried
out 3170909 20 718247 69
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 in
crease if any in value of securities viz Rents 21
72002 profit on sale or maturity of ledger assets 1
01125 total
15 Aggregate amount of income actually received during the
year in cash 4147461 77
VEXPENDITURES DURING THE YEAR
1 o Fire Marine Inland
1 Gross amount actually
paid for losses includ
ing 36209079 losses
occurring in previous
years 1933539 52
2 Deduct all amounts actu
ally received for sal
vages whether on losses
of the last or of previ
ous year 5678550 and
all amounts actually re
ceived for reinsurance in
other companies 791
14460 total deductions
3 Net amount paid during
the year for losses 1622158 47 491706 75 2113865 22
1028255 80

311381 05 536549 05
COMPTROLLERGENERALS REPORT 71
4 Cash dividends actually paid stockholders amount of
stockholders dividends declared during the year cue 20
6 Paid for commissions or brokerage 588948
7 Paid for salaries fees and other charges of officers clerks
agents and all other employees 319964 94
8 Paid for State national and local taxes in this and other
92ZZ1 oo
StcLtOS
9 All other payments and expenditures viz Rents 8
400 00 advertising printing and stationery 48462
23 profit and loss 236459 legal expenses 3313
08 miscellaneous 21823945 total 280779 Si
Aggregate amount of actual expenditures during the
year in cash
Business in the State of Georgia during the year
6605652 00
Fire risks written 126 259 65
Premiums received gross 60038 34
Losses paid 57069 75
Losses incurred
FIREMENS FUND INSURANCE CORPORATION OF CALIFORNIA
William J Dutton President Thomas M GabdieK Secretary
Principal Office 401 California Street San Francisco Cal
Edgar S Wilson MaconAttorney for Service in Georgia
ICAPITAL
ofMlr 1000000 00
1 Whole amount of capital stock
2 Amount paid up in cash uuuu
IIASSETS
1 Market value of real estate owned by the company less
the amount of incumbrances thereon iuuuu u
2 Loans on bond and mortgage duly recorded and being
first liens on the fee simple
4 Value of lands mortgaged exclusive of
buildings and perishable improvements 406000 00
5 Value of buildings mortgaged insured
for 3435000 as collateral 735UU
6 Total value of said mortgaged premises
carried inside 20250 00
7 Amount of other loans
9 Total par and market value of stocks and bonds owned
absolutely by the company carried out at market value 1499880 0072
COMPTROLLERGENERALS REPORT
11 Total amount loaned on stocks and bonds and all other
securities except mortgages
13 Cash belonging to the company deposited in bank Crock
erWoolworth National Bank San Francisco Cal
204250 00
250000 00
Total assets of the company actual cash market value 2731730 00
IIILIABILITIES
7 Gross premiums without any deduction
received and receivable upon all unex
pired fire risks running one year or less
and more than one year from date of
policy unearned premiums pro rata 2273930 93
9 Gross premiums without any deduction
including both cash and bills received
and receivable upon all unexpired in
land navigation and marine risks 207 799 07
11 Total unearned premiums as computed above carried
out
21 Joint stock capital actually paid up in cash
2481730 00
250000 00
24 Aggregate amount of all liabilities including capital paid
up and net surplus
2731730 00
IVINCOME DUBING THE YEAK
9 Net cash actually received Fire Marine Inland
for premiums carried
out 2273930 93 207799 07
13 Capital
15 Aggregate amount of income actually received during the
year in cash
2481730 00
250000 00
2731730 00
GEORGIA HOME FIRE INSURANCE COMPANY OF COLUMBUS GA
Rhodes Bhowse President Wm c Coart Secretary
Principal Office 1046 Broad Street
W S Pattillo Atlanta Attorney for Service in Georgia
ICAPITAL
1 Whole amount of capital stock mm 0Q
z Amount paid up in cash 300000 00COMPTROLLERGENERALS REPORT 73
IIASSETS
1 Market value of real estate owned by the company less
the amount of incumbrances thereon 132000 00
2 Loans on bond and mortgage duly recorded and being
first liens on the fee simple 162262 58
4 Value of lands mortgaged exclusive of
buildings and perishable improvements 279800 00
5 Value of buildings mortgaged insured
for 19541500 as collateral 271400 00
6 Total value of said mortgaged premises
carried inside 551200 00
9 Total par and market value of stocks and bonds owned
absolutely by the company carried out at market value 522029 50
11 Total amount loaned on stocks and bonds and all other
securities except mortgages 36800 00
12 Cash in companys principal office 1060 46
13 Cash belonging to the company deposited
in bank Home Savings Bank Colum
bus Ga 4508684 National Bank Co
lumbus Ga 38383177 Mercantile Na
tional Bank Columbus Ga 902925
total 92499 86
Total cash items 93560 32
17 Cash in hands of agents and in course of transmission 82805 95
All other assets both real and personal viz Equitable
Fire Insurance Co Charleston S C 116896 open
ledger accounts 397663 5145 59
Total assets of the company actual cash market value 1034603 94
IIILIABILITIES
2 Gross losses in process of adjustment or
in suspense including all reported and
supposed losses 36450 59
3 Losses resisted including interest costs
and other expenses thereon 4200 00
4 Total gross amount of claims for losses 40650 59
5 Deduct reinsurance thereon 6890 42
6 Net amount of unpaid losses 33760 17
7 Gross premiums without any deductions
received and receivable upon all unex
pired fire risks running one year or less
from date of policy 34881469 un
earned premiums fifty per cent 174407 3474
COMPTROLLERGENERALS REPORT
8 Gross premiums without any deduction
received and receivable upon all unex
pired fire risks running more than one
year from date of policy 35327922
unearned premiums pro rata
195359 84
11 Total unearned premiums as computed above carried
out
15 Dividends declared and remaining unpaid or uncalled for
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 Old savings bank account 4 per cent i
71 outside reinsurance 36482 total
369767 18
180 00
55000 00
1353 53
20 Total amount of all liabilities except capital stock and
net surplus 460060 88
21 Joint stock capital actuallypaid up in cash 300000 00
23 Surplus beyond capital and all other liabilities 274543 06
24 Aggregate amount of all liabilities including capital paid
up and net surplus 1034603 94
IVINCOME DUBING THE YEAR
1 Gross premiums and bills in course of col
lection at close of last previous year as
shown by that years statement 72770 34
3 Net collected 72770 34
4 Gross premiums on risks written and re
newed during the year 684680 58

5 Total 757450 92
6 Deduct premiums and bills in course of
collection at this date 82805 95
7 Entire premiums collected during the year 674644 97
8 Deduct reinsurance and return premiums 208589 56
9 Net cash actually received for premiums carried out
10 Received for interest on bonds and mortgages
11 Received for interests and dividends on stocks and bonds
collateral loans and from all other sources
12 Income received from all other sources omitting increase
if any in value of securities viz Rents
15 Aggregate amount of income actually received during the
year in cash
466055 41
11184 10
21376 48
6115 76
504731 75
COMPTROLLERGENERALS REPORT
75
VEXPENDITURES DURING THE YEAR
1 Gross amount actually paid for losses in
cluding 2831512 losses occurring in
previous years 312823 58
2 Deduct all amounts actually received for
salvages whether on losses of the last
or of previous year 86898 41
3 Net amount paid during the year for losses
4 Cash dividends actually paid stockholders amount of
stockholders dividends declared during the year
6 Paid for commissions or brokerage
7 Paid for salaries fees and other charges of officers clerks
agents and all other employees
8 Paid for State national and local taxes in this and other
States
9 All other payments and expenditures viz Legal ex
penses 195795 advertising and stationery 930069
two stores improv account 11080 total
225925 17
18000 00
93269 69
75458 59
19970 01
11369 44
Aggregate amount of actual expenditures during the
year in cash 443992 90
Business in the State of Georgia during the year
Fire risks writtenI 4675850 00
Premiums received gross 78188 96
35487 10
Losses paid
Losses incurred
GERMAN ALLIANCE FIRE INSURANCE CO OF NEW YORK N Y
William N Kremer President Charles G Smith Secretary
Principal Office corner Liberty and Nassau Streets
W L Reynolds Atlanta Attorney for Service in Georgia
ICAPITAL
1 Whole amount of capital stock 400000 00
2 Amount paid up in cash 400000 00
IIASSETS
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 loans76
COMPTROLLERGENERALS REPORT
4 Value of lands mortgaged exclusive of
buildings and perishable improvements 21500 00
5 Value of buildings mortgaged insured
for 3400000 as collateral 33500 00
6 Total value of said mortgaged premises
carried inside 55000 00
9 Total par and market value of stocks and bonds owned
absolutely by the company carried out at market value 1267168 00
13 Cash belonging to the company deposited in bank Citi
zens Central National Bank 56765 09
Total cash items 56765 09
15 Interest due and accrued on stocks not included in mar
ket value uncollected 3530 00
17 Cash in hands of agents and in course of transmission 123593 56
Total assets of the company actual cash market value 1485286 15
IIILIABILITIES
1 Losses due and unpaidnot yet due 30220 89
2 Gross losses in process of adjustment or
in suspense including all reported and
supposed losses 38795 00
6 Net amount of unpaid losses 69015 89
7 Gross premiums without any deduction
received and receivable upon all unex
pired fire risks running one year or less
from date of policy 36841786 un
earned premiums fifty per cent 184208 93
8 Gross premiums without any deduction
received and receivable upon all unex
pired fire risks running more than one
year from date of policy 30134405
unearned premiums pro rata 166181 20
11 Total unearned premiums as computed above carried
out 350390 13
17 Due and accrued for salaries rent advertising and for
agency and other miscellaneous expenses 36748 59
20 Total amount of all liabilities except capital stock scrip
and net surplus 456154 61
21 Joint stock capital actually paid up in cash 400000 00
23 Surplus beyond capital and all other liabilities 629131 54
24 Aggregate amount of all liabilities including capital paid
up and net surplus 1485286 15COMPTROLLERGENERALS REPORT 77
IVINCOME DURING THE YEAB
1 Gross premiums and bills in course of
collection at close of last previous year
as shown by that years statement 116677 52
3 Net collected 116677 52
4 Gross premiums on risks written and re
newed during the year 610848 83
5 Total 727526 35
6 Deduct premiums and bills in course of
collection at this date 123593 56
7 Entire premiums collected during the
year 603932 79
8 Deduct reinsurance and return premi
117751 41
26168 33
ums
9 Net cash actually received for premiums carried out 486181 38
11 Received for interests and dividends on stocks and bonds
collateral loans and from all other sources 52756 89
12 Income received from all other sources omitting in
crease if any in value of securities viz Profit on sale
of ledger accounts
15 Aggregate amount of income actually received during the
B6 5 ooV 565106 60
year m cash
VEXPENDITUBES DURING THE YEAB
1 Gross amount actually paid for losses in
cluding 7439506 losses occurring in
previous years 270968 50
2 Deduct all amounts actually received for
salvages whether on losses of the last
or of previous year I896 12
3 Net amount paid during the year for losses 269072 38
4 Cash dividends actually paid stockholders amount of
stockholders dividends declared during the year 40000 00
6 Paid for commissions or brokerage YiiZ
1 Paid for salaries fees and other charges of officers
clerks agents and all other employees 48U
8 Paid for State national and local taxes in this and other
States
10741 75
Aggregate amount of actual expenditures during the
year in cash
Business in the State of Georgia during the year
1275181 00
Fire risks written 21807 80
Premiums received gross 9291 93
Losses paid 12861 93
Losses incurred 78
COMPTROLLERGENERALS REPORT
GERMAN AMERICAN INSURANCE CO OF NEW YORK CITY N Y
William N Kbemee President Charles G Smith Secretary
Principal Office 58 Liberty Street New York City
W L Reynolds Atlanta Attorney for Service in Georgia
ICAPITAL
1 Whole amount of capital stock 1500000 00
2 Amount paid up in cash 1500000 00
IIASSETS
1 Market value of real estate owned by the company less
the amount of incumbrances thereon 15000 00
2 Loans on bond and mortgage duly recorded and being
first liens on the fee simple 211 000 00
3 Interest accrued on all said bond and mortgage loans 2291 25
4 Value of lands mortgaged exclusive of
buildings and perishable improvements 117000 00
5 Value of buildings mortgaged insured
for 24500000 as collateral 255000 00
6 Total value of said mortgaged premises
carried inside 372000 00
9 Total par and market value of stocks and bonds owned
by the company carried out at market value 12332477 00
12 Cash in companys principal office 9620 44
13 Cash belonging to the company deposited
in bank National Bank of Commerce of
New York 10861640 German Amer
ican Bank of New York 1742362
National City Bank of New York 9
20561 Dominion Bank Toronto Can
ada 1452425 New York Trust Co of
New York 16140847 Title Guarantee
and Trust Co of New York 9942151
Bank of Metropolis of New York 764
01 Peoples Trust Co of Brooklyn
5151 Corn Exchange National Bank
of Chicago 6551690 Scandinavian
American Savings Bank of San Fran
cisco 1983100 American National
Bank of San Francisco 332188 total 500085 16
Total cash items 509 705 60
15 Interest due and accrued on stocks not included in mar
ket value uncollected 45 304 59
16 Interest due and accrued on other assets 2893 56
17 Cash in hands of agents and in course of transmission 933848 68
Total assets of the company actual cash market value 14052520 59
COMPTROLLERGENERALS REPORT 79
IIILIABILITIES
1 Losses not yet due 132673 61
2 Gross losses in process of adjustment or
in suspense including all reported and
supposed losses 489248 69
3 Losses resisted including interest costs
and other expenses thereon 68935 00
4 Total gross amount of claims for losses 690857 30
5 Deduct reinsurance thereon 164193 42
6 Net amount of unpaid losses 526663 88
7 Gross premiums without any deduction
received and receivable upon all unex
pired fire risks running one year or less
from date of policy 405282208 un
earned premiums fifty per cent 2026411 04
8 Gross premiums without any deduction
received and receivable upon all unex
pired fire risks running more than one
year from date of policy 588492845
unearned premiums pro rata 3239473 19
5265884 23
11 Total unearned premiums as computed above carried
out
17 Due and accrued for salaries rent advertising and for
agency and other miscellaneous expenses liMi di
19 All other demands against the company absolute and
contingent due and to become due admitted and con
tested viz Return premiums 680052 reinsurance
premiums 26820487 total
275005 39
20 Total amount of all liabilities except capital stock scrip
and net surplus Annnnn no
21 Joint stock capital actually paid up in cash 1500000 00
23 Surplus beyond capital and all other liabilities 6442674
24 Aggregate amount of all liabilities including capital
paid up and net surplusv
IVINCOME DURING THE TEAS
1 Gross premiums and bills in course of
collection at close of last previous year
as shown by that years statement 1038240 88
1038240 88
3 Net collected
4 Gross premiums on risks written and re
newed during the year 9072148
10110389 07
5 Total80 COMPTROLLERGENERALS REPORT
6 Deduct premiums and bills in course of
collection at this date 1109358 38
7 Entire premiums collected during the
year 9001030 69
8 Deduct reinsurance and return premi
ums 3396378 23
9 Net cash actually received for premiums carried out 5 604 652 46
10 Received for interest on bonds and mortgages 939 02
11 Received for interests and dividends on stocks and bonds
collateral loans and from all other sources 513 792 10
12 Income received from all other sources omitting in
crease if any in value of securities viz Rents 1200
profits on sale or maturity of ledger assets during the
year over book valuesf 15799814 total 159198 14
15 Aggregate amount of income actually received during the
yearlnCaSh 627958172
VEXPENDITURES DURING THE YEAR
1 Gross amount actually paid for losses in
cluding 63425475 losses occurring in
previous years 3842306 16
2 Deduct all amounts actually received for
salvage whether on losses of the last
or of previous year 1008410 and all
amounts actually received for reinsur
ance in other companies 115898338
total deductions j 16g g67 48
3 Net amount paid during the year for losses 2 673 238 68
4 Cash dividends actually paid stockholders amount of
stockholders dividends declared during the year 450 000 00
6 Paid for commissions or brokerage t 0x5045 go
7 Paid for salaries fees and other charges of officers
clerks agents and all other employees 236 199 70
8 Paid for State national and local taxes in this and other
States
9 All other payments and expenditures vizRents 35488
28 repairs and expenses on real estate 147 89 mis
cellaneous 26114994 advertising printing and sta
tionery 6430385 inspection and traveling expenses
18027619 total
Aggregate amount of actual expenditures during the
year in cash
5082258 35COMPTROLLERGENERALS REPORT 1
Business in the State of Georgia during the year
Fire risks written 6134101 00
Premiums received gross 97600 49
Losses paid 57j886 01
Losses incurred 64 722 42
GERMAN FIRE INSURANCE COMPANY OF FREEPORT ILLINOIS
C O Collman President F M Gund Secretary
Principal Office 9 11 and 13 North Galena Ave
ICAPITAL
1 Whole amount of capital stock 200000 00
2 Amount paid up in cash 200000 00
nASSETS
1 Market value of real estate owned by the company less
amount of incumbrances thereon 75500 00
2 Loans on bond and mortgage duly recorded and being
first liens on the fee simple 3584058 21
3 Interest due on all said bond and mortgage loans 5622
75 interest accrued thereon 8926368 total 94886 43
4 Value of lands mortgaged exclusive of
buildings and perishable improvements 7916425 00
5 Value of buildings mortgaged insured
for 101431500 as collateral 2726225 00
f Total value of said mortgaged premises
carried inside 10642650 00
9 Total par and market value of stocks and bonds owned
absolutely by the company carried out at market value 1616302 91
11 Total amount loaned on stocks bonds and all other se
curities except mortgages 7200 00
12 Cash in companys principal office 55036 79
13 Cash belonging to the company deposited
in bank German Bank of Freeport 111
21997743 State Bank of Freeport
111 6147017 First National Bank of
Freeport 111 5352938 Second Na
tional Bank of Freeport 111 1300000
Trust Company of America of New
York 1706036 total 365037 34
Total cash items 420074 13
t in82 COMPTROLLERGENERALS REPORT
15 Interest due and accrued on stocks not included in mar
ket value uncollected 13262 47
16 Interest due and accrued on collateral loans and uncol
lected 137 10
17 Cash in hands of agents and in course of transmission 669297 80
Total assets of the company actual cash market value 6480719 05
DEDUCT ASSETS NOT ADMITTED
Agents balances representing business writ
ten prior to October 1 1905 7813 80
Stock of German National Ins Co carrying
on same kind of insurance business 195400 00
Total unadmitted assets 203213 80
Total admitted assets 6277505 25
IIILIABILITIES
1 Losses due and unpaid 67706 85
2 Gross losses in process of adjustment or
in suspense including all reported and
supposed losses 108545 34
3 Losses resisted including interest costs
and other expenses thereon 40919 29
4 Total gross amount of claims for losses 217171 48
5 Deduct reinsurance thereon 7901 35
6 Net amount of unpaid losses 209270 13
7 Gross premiums without any deduction
received and receivable upon all unex
pired fire risks running one year or less
from date of policy 199984047 un
earned premiums fifty per cent 999920 24
8 Gross premiums without any deduction
received and receivable upon all unex
pired fire risks running more than one
year from date of policy 500771323
unearned premiums pro rata 2787482 46
11 Total unearned premiums as computed above carried
out 3787402 70
19 All other demands against the company absolute and
contingent due and to become due admitted and con
tested viz Commissions brokerage and other charges
due and to become due to agents and brokers on pre
miums paid and in course of collection 128767 18COMPTROLLERGENERALS REPORT 83
20 Total amount of all liabilities except capital stock scrip
and net surplus 4125 440 01
21 Joint stock capital actually paid up in cash 200000 00
23 Surplus beyond capital and all other liabilities 1952065 24
24 Aggregate amount of all liabilities including capital paid
up and net surplus 6277505 25
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 620161 80
2 Deduct amount of same not collected 3310 78
3 Net collected 616851 02
4 Gross premiums on risks written and re
newed during the year 4521278 43
5 Total 5138129 45
6 Deduct premiums and bills in course of
collection at this date 669297 80
7 Entire premiums collected during the
year 4468831 65
8 Deduct reinsurance and return premi
ums 904243 34
9 Net cash actually received for premiums carried out 3564588 31
10 Received for interest on bonds and mortgages 154837 52
11 Received for interests and dividends on stocks and bonds
collateral loans and from all other sources 75176 69
12 Income received from all other sources omitting in
crease if any in value of securities viz Renas 1550
01 worthless notes 66148 profit on sale and maturi
ty of ledger assets 2973436 total 31945 85
15 Aggregate amount of income actually received during the
year in cash 3826548 37
VEXPENDITURES DURING THE TEAR
1 Gross amount actually paid for losses in
cluding 17854436 losses occurring in
previous years 1853090 11
2 Deduct all amounts actually received for
salvages whether on losses of the last
or of previous year 441575 and all
amounts actually received for reinsur
ance in other companies 6385355
total deductions 68269 3084
COMPTROLLERGENERALS REPORT
3 Net amount paid during the year for losses 1784820 81
4 Cash dividends actually paid stockholders amount of
stockholders dividends declared during the year 40000 00
6 Paid for commissions or brokerage 947357 43
7 Paid for salaries fees and other charges of officers
clerks agents and all other employees 160033 99
8 Paid for State national and local taxes in this and other
States 89168 17
9 All other payments and expenditures viz Premiums
paid on bonds 7690 printing and stationery 35
51883 freight 656924 furniture fixtures and maps
632458 postage 1499482 miscellaneous 107239
11 total 178336 58
Aggregate amount of actual expenditures during the
year in cash 3199716 98
Business in the State of Georgia during the year
Fire risks written 2033281 00
Premiums received gross 29482 19
Losses paid 22029 22
Losses incurred 20404 43
GERMANIA FIRE INSURANCE COMPANY OF NEW YORK N Y
Hugo Schumann President
Chas Ruykhaveb and Gustav Kehr Secretaries
Principal Office 62 William Street
S C Williams Atlanta Attorney for Service in Georgia
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
2 Loans on bond and mortgage duly recorded and being
first liens on the fee simple
3 Interest accrued on all bond and mortgage loans
4 Value of lands mortgaged exclusive of
buildings and perishable improvements 187000 00
5 Value of buildings mortgaged insured
for 26900000 as collateral 310500 00
6 Total value of said mortgaged premises
carried inside 497500 00
671982 75
290500 00
6917 50COMPTROLLERGENERALS REPORT 85
9 Total par and market value of stocks and bonds owned
by the company carried out at market value 5031580 75
12 Cash in companys prinicpal office 11037 68
13 Cash belonging to the company deposited
in bank National Park Bank New
York 4643216 GermanAmerican
Bank New York 19909416 Colonial
Trust Company of New York 2500000
Trust Company of America New York
2500000 Central Trust Company of
New York 5000000 First National
Bank of Illinois Chicago 6962692
total 415153 24
Total cash items 426190 92
17 Cash in hands of agents and in course of transmission 387143 22
All other assets both real and personal viz Rents due
and accrued 96666 due from other companies for re
insurance on losses already paid cash in hands of de
partment managers 2385061 total 24817 27
Total assets of the company actual cash market value 6839132 41
Less premiums over three months due 3346 63
6835785 78
IIILIABILITIES
1 Losses due and unpaid 87250 87
2 Gross losses in process of adjustment or
in suspense including all reported and
supposed losses 86725 66
3 Losses resisted including interest costs
and other expenses thereon 11885 00
4 Total gross amount of claims for losses 185861 53
5 Deduct reinsurance thereon 30297 29
6 Net amount of unpaid losses 155564 24
7 Gross premiums without any deduction
received and receivable upon all unex
pired fire risks running one year or less
from date of policy 150160964 un
earned premiums fifty per cent 750804 82
8 Gross premiums without any deduction
received and receivable upon all unex
pired fire risks running more than one
year from date of policy 373413599
unearned premiums pro rata 2033535 66
11 Total unearned premiums as computed above carried
2784340 48
out86
19
20
21
23
24
COMPTROLLERGENERALS REPORT
All other demands against the company absolute and con
tingent due and to become due admitted and contest
ed viz Unpaid commissions
Total amount of all liabilities except capital stock scrip
and net surplus
6220 14
2946124 86
Joint stock capital actually paid up in cash
Surplus beyond capital and all other liabilities
1000000 00
2889660 92
Aggregate amount of all liabilities including capital paid
up and net surplus
IVINCOME DURING THE YEAE
Gross premiums and bills in course of
collection at close of last previous year
as shown by that years statement 360589 73
6835785 78
Net collected 360589 73
Gross premiums on risks written and re
newed during the year 3399943 52
Total 3760533 25
Deduct premiums and bills in course of
collection at this date 387143 22
Entire premiums collected during the
year 3373390 03
Deduct reinsurance and return premi
ums 804862 46
9
10
11
15
Net cash actually received for premiums carried out
Received for interest on bonds and mortgages
Received for interest and dividends on stocks and bonds
collateral loans and from all other sources
2568527 57
15172 58
205858 72
Aggregate amount of income actually received during the
year in cash
VEXPENDITURES DURING THE YEAR
1 Gross amount actually paid for losses in
cluding 18994857 losses occurring in
previous years 1391915 04
2 Deduct all amounts actually received for
salvages whether on losses of the last
or of previous year 747441 and all
amounts actually received for reinsur
ance in other companies 19378948
total deductions 201263 89
2789558 87COMPTROLLERGENERALS REPORT 87
3 Net amount paid during the year for losses 1190651 15
4 Cash dividends actually paid stockholders amount of
stockholders dividends declared during the year 200000 00
6 Paid for commissions or brokerage 551507 42
7 Paid for salaries fees and other charges of officers
clerks agents and all other employees 182388 42
8 Paid for State national and local taxes in this and other
States 74168 99
9 All other payments and expenditures viz Advertising
agency and office expenses board exp fire patrol print
ing and stationery surveys legal and traveling ex
penses and rents and profit and loss items 133917 49
Aggregate amount of actual expenditures during the
year in cash 2332633 i
Business in the State of Georgia during the year
Fire risks written 3697258 00
Premiums received gross 55888 39
Losses paid 12783 72
Losses incurred 10680 68
GLENS PALLS FIRE INSURANCE CO OF GLENS FALLS NEW YORK
J L Cunningham President R A Little Secretary
Principal Office Glens Falls N Y
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 50155 23
2 Loans on bond and mortgage duly recorded and being
first liens on the fee simple 807803 37
3 Interest due on all said bond and mortgage loans 4214
25 interest accrued thereon 76750 total 4981 75
9 Total par and market value of stocks and bonds owned
absolutely by the company carried out at market value 2764620 00
11 Total amount loaned on stocks bonds and all other se
curities except mortgages 3700 00
12 Cash in companys principal offices Glens
Falls and Chicago L556 22
13 Cash belonging to the company deposited
in bank First National Bank Glens
Falls 26438713 National Bank Glens
Falls 18559579 First National Bank
Chicago 2586063 other banks and
trust companies 24662226 total 722465 81
77 724022 03
Total cash itemsCOMPTROLLERGENERALS REPORT
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 Are marine and
inland risks
All other assets both real and personal as per schedule
attached viz Rents due
8994 73
169999 42
504 85
300 00
Less contingent depreciation on mortgage loans
4535081 38
20000 00
Total assets of the company actual cash market value 4515081 38
IIILIABILITIES
2 Gross losses in process of adjustment or
in suspense including all reported and
supposed losses 73459 46
3 Losses resisted including interest costs
and other expenses thereon 8125 00
4 Total gross amount of claims for losses
5 Deduct reinsurance thereon
81584 46
23870 47
6 Net amount of unpaid losses
7 Gross premiums without any deduction
received and receivable upon all unex
pired fire risks running one year or less
from date of policy 73255661 un
earned premiums fifty per cent 366278 31
8 Gross premiums without any deduction
received and receivable upon all unex
pired fire risks running more than one
year from date of policy 208827652
unearned premiums pro rata 1112725 40
57713 99
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 Reserved for dividend
1479003 71
35000 00
120000 00
20 Total amount of all liabilities except capital stock and
net surplus
21 Joint stock capital actually paid up in cash
23 Surplus beyond capital and all other liabilities
1691717 70
200000 00
2623363 68
24 Aggregate amount of all liabilities including capital paid
up and net surplusj
4515081 38COMPTROLLERGENERALS REPORT
89
IVINCOME DURING THE YEAB
4 Gross premiums on risks written and re
newed during the year 1907154 18
8 Deduct reinsurance and return premiums 473375 06
9 Net cash actually received for premiums carried out 1433779 12
11 Received for interests and dividends on stocks and bonds
collateral loans and from all other sources 191217 49
12 Income received from all other sources omitting increase
if any in value of securities viz Rents 2334 08
15 Aggregate amount of income actually received during the
year in cash 1627330 69
VEXPENDITURES DURING THE YEAR
Fire
Gross amount actually paid for losses in
cluding 6848900 losses occurring in
previous years 745967 46
Deduct all amounts actually received for
salvages whether on losses of the last
or of previous year 39245 and all
amounts actually received for reinsur
ance in other companies 12073558 to
tal deductions 121128 03
3 Net amount paid during the year for losses 624839 43
4 Cash dividends actually paid stockholders amount of
stockholders dividends declared during the year 70000 00
6 Paid for commissions or brokerage 321963 60
7 Paid for salaries fees and other charges of officers clerks
agents and all other employees 105209 69
8 Paid for State national and local taxes in this and other
States 6650339
9 All other payments and expenditures viz Stationery
traveling advertising etc 98006 22
Aggregate amount of actual expenditures during the
year in cash 1286522 33
Business in the State of Georgia during the year
Fire risks written MW 00
Premiums received gross 00 Q
i 11Zoo oo
Losses paid 12 172 32
Losses incurred 90
COMPTROLLERGENERALS REPORT
GLOBE RUTGERS FIRE INSURANCE COMPANY OP NEW YORK
E C Jameson President Ltman Candee Secretary
Principal Office 76 and 78 William Street
J L Riley Atlanta Attorney for Service in Georgia
ICAPITAL
1 Whole amount of capital stock 400000 00
2 Amount paid up in cash 400000 00
IIASSETS
1 Market value of real estate owned by the company less
the amount of incumbrances thereon 72945 00
2 Loans on bond and mortgage duly recorded and being
first liens on the fee simple 45700 00
9 Total par and market value of stocks and bonds owned
absolutely by the company carried out at market value 2947215 58
12 Cash in companys principal office 1698 83
13 Cash belonging to the company deposited
in bank Guardian Trust 8601781
Union Exchange 7256656 Chatham
National 2640448 Chemical Nation
al 10534875 total 290337 60
Total cash items 292 036 43
15 Interest due and accrued on stocks not included in mar
ket value uncollectedbond and mortgage 90831
stocks and bonds 2109049 21 998 80
17 Cash in hands of agents and in course of transmission 957651 26
All other assets both real and personal as per schedule
attached viz Due account reinsurance loss account
Rossia 10557 58
Total assets of the company actual cash market value 4348104 65
IIILIABILITIES
2 Gross losses in process of adjustment or
in suspense including all reported and
supposed losses 1240000 64
3 Losses resisted including interest costs
and other expenses thereon 16000 00
4 Total gross amount of claims for losses 1256000 64
5 Deduct reinsurance thereon 236043 00
6 Net amount of unpaid losses 1019 957 64COMPTROLLERGENERALS REPORT 91
7 Gross premiums without any deduction
received and receivable upon all unex
pired fire risks running one year or less
from date of policy 293536816 un
earned premiums fifty per cent 1467684 08
8 Gross premiums without any deduction
received and receivable upon all unex
pired fire risks running more than one
year from date of policy 46617752
unearned premiums pro rata 311881 46
11 Total unearned premiums as computed above carried
out 1779565 54
17 Due and accrued for salaries rent advertising and for
agency and other miscellaneous expenses Commis
sions brokerage etc 126647 69
18 Amount of borrowed money 15000 00
20 Total amount of all liabilities except capital stock and
net surplus 2941170 87
21 Joint stock capital actually paid up in cash 400000 00
23 Surplus beyond capital and all other liabilities 1006933 78
24 Aggregate amount of all liabilities including capital paid
up and net surplus 4348104 65
IVINCOME DTJBING THE YEAR
Fire
1 Gross premiums and bills in course of col
lection at close of last previous year 787562 73
3 Net collected 787562 73
4 Gross premiums on risks written and re
newed during the year 3509903 37
5 Total 4297466 10
6 Deduct premiums and bills in course of
collection at this date 957651 26
7 Entire premiums collected during the
year 3339814 84
8 Deduct reinsurance and return premiums 770765 19
9 Net cash actually received for premiums carried out 2569049 65
10 Received for interest on bonds and mortgages 2807 72
ll Received for interests and dividends on stocks and bonds
collateral loans and from all other sources 93910 02
12 Income received from all other sources omitting increase
if any in value of securities viz Rents 529500
profit on sale or maturity of ledger assets 523125 10526 25
15 Aggregate amount of income actually received during the
year in cash 2676293 6492
COMPTROLLERGENERALS REPORT
VEXPENDITURES DURING THE YEAR
1 Gross amount actually paid for losses in
cluding losses occurring in previ
ous years 1379377 63
Deduct all amounts actually received for
salvages whether on losses of the last
or of previous year 1717908 and all
amounts actually received for reinsur
ance in other companies 13586476
total deductions 153043 84
2
3 Net amount paid during the year for losses 1226333 79
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 Legal ex
pense 511183 miscellaneous expenses 4989368
paid account borrowed money 6300000 total
64000 00
476487 98
69393 45
20086 43
118005 51
Aggregate amount of actual expenditures during the
year in cash 1974307 16
HAMBURGBREMEN FIRE INSURANCE COMPANY OP HAMBURG
GERMANY
P A Poppenhusen President pro tern S V Dorrien Managing Director
Principal Office in the United States 19 Liberty Street New York
W F Pattillo Atlanta Attorney for Service in Georgia
ICAPITAL
1 Whole amount of capital stock 1750000 00
2 Amount paid up in cash 525000 00
3 Amount in notes of the stockholders 1225000 00
HASSETS
9 Total par and market value of stocks and bonds owned ab
solutely by the company carried out at market value 1773323 33
13 Cash belonging to the company deposited in bank Bank
of America New York City 107869 12
17 Cash in hands of agents and in course of transmission 169328 49
Total assets of the company actual cash market value 2050520 94COMPTROLLERGENERALS REPORT
93
IIILIABILITIES
1 Losses due and unpaid
2 Gross losses in process of adjustment or
in suspense including all reported and
supposed losses
3 Losses resisted including interest costs
and other expenses thereon
11460 00
90675 00
18775 00
4 Total gross amount of claims for losses
5 Deduct reinsurance thereon
120910 00
11110 00
6 Net amount of unpaid losses
7 Gross premiums without any deduction
received and receivable upon all unex
pired fire risks running one year or less
from date of policy 133035992 un
earned premiums fifty per cent
8 Gross premiums without any deductions
received and receivable upon all unex
pired fire risks running more than one
year from date of policy 144405851
unearned premiums pro rata
665179 96
768690 91
11
19
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 Due agents
109800 00
1433870 87
2581 97
20 Total amount of all liabilities except net surplus lll in
23 Surplus beyond capital and all other liabilities 504Zb8 XU
24 Aggregate amount of all liabilities including net surplus
IVINCOME DURING THE YEAK
7 Entire premiums collected during the year 2191118 78
8 Deduct reinsurance and return premiums
2050520 94
389719 42
1801399 36
66815
2214 48
9 Net cash actually received for premiums carried out
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 Discounts
14 Amount of remittances from home office
during the year
15 Aggregate amount of income actually received during tto
year in cash94
COMPTROLLERGENERALS REPORT
VEXPENDITURES DURING THE TEAR
1 Gross amount actually paid for losses in Fre
eluding 15527044 losses occurring in
previous years 1107817 11
2 Deduct all amounts actually received for
salvages whether on losses of the last
or of previous year 438566 and all
amounts actually received for reinsur
ance in other companies 3466043 to
tal deductions 39 046 09
3 Net amount paid during the year for losses 1068771 02
6 Paid for commissions or brokerage 369 149 64
7 Paid for salaries fees and other charges of officers clerks
agents and all other employees 159 403 3
8 Paid for State national and local taxes in this and other
states 4S331 33
9 All other payments and expenditures viz Rent board
and patrol expenses printing advertising stationery
postage traveling expenses etc 123878 70
10 Amount sent to home office during the
year 147051 93
Aggregate amount of actual expenditures during the
year in cash 1769534 52
Business in the State of Georgia during the year
Fire risks written 1572060 00
Premiums received gross 27078 82
Losses paid 8069 40
Losses incurred 10284 40
HANOVER FIRE INSURANCE COMPANY OF NEW YORK N Y
Charles A Shaw President Joseph McCobd Secretary
Principal Office 34 Pine Street New York
F A McCarroll Atlanta Attorney 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 918739 16
2 Loans on bond and mortgage duly recorded and being
first liens on the fee simple 3500 00
3 Interest accrued on all said bond and mortgage loans 14 58COMPTROLLERGENERALS REPORT 95
4 Value of lands mortgaged exclusive of
buildings and perishable improvements 2500 00
5 Value of buildings mortgaged insured
for 350000 as collateral 5000 00
6 Total value of said mortgaged premises
carried inside 7500 00
9 Total par and market value of stocks and bonds owned ab
solutely by the company carried out at market value 2919397 25
12 Cash in companys principal office 6879 74
13 Cash belonging to the company deposited
in bank Bank of America 2987550
GermanAmerican Bank 1633347 Cen
tral Trust Company 7665700 Guaran
tee Trust Safe Deposit Company Phil
adelphia 20000 total 123065 97
Total cash items 129945 71
15 Interest due and accrued on stocks not included in mar
ket value uncollected oak ana At
17 Cash in hands of agents and in course of transmission 345908 41
All other assets both real and personal as per schedule
attached viz Rents due and accrued 39085 due
from other companies for reinsurance on losses already
paid Munich Reinsurance Company Munich 15982
32 Globe Rutgers New York 246899 North Riv
er New York 88289 Citizens New York 66392
Hartford Connecticut 45600 North German New
York 60 36 AtlantaBirmingham Alabama 5294
National Union Pennsylvania 4412 German Illinois
4412 Security Connecticut 537 Fire Association
Pennsylvania 250 total
Total assets of the company actual cash market value 4350604 15
IIILIABILITIES
1 Losses due and unpaid 126363 28
2 Gross losses in process of adjustment or
in suspense including all reported and
supposed losses
3 Losses resisted including interest costs
and other expenses thereon dslti
4 Total gross amount of claims for losses 299019 05
5 Deduct reinsurance thereon
249516 33
6 Net amount of unpaid losses
7 Gross premiums without any deductions
received and receivable upon all unex
pired fire risks running one year or less
from date of lW
earned premiums fifty per centj96
COMPTROLLERGENERALS REPORT
8 Gross premiums without any deduction
received and receivable upon all unex
pired fire risks running more than one
year from date of policy 227797266
unearned premiums pro rata 1177366 22
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 and brokerage 2137005 return
premiums 106375 reinsurance 992312 total
20 Total amount of all liabilities except capital stock 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
7 Entire premiums collected during the
year 3713023 79
8 Deduct reinsurance and return premiums 1067874 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
collateral loans and from all other sources
12 Income received from all other sources omitting increase
if any in value of securities viz Rents 1547600
profit and loss from sale of securities 9841700 total
15 Aggregate amount of income actually received during the
year in cash
EXPENDITURES DURING THE YEAR
Fire
1 Gross amount actually paid for losses in
cluding 25661471 losses occurring in
previous years
2 Deduct all amounts actually received for
salvages whether on losses of the last
or of previous year 3370452 and all
amounts actually received for reinsur
ance in other companies 28656151 to
tal deductions
1759952 24
320266 03
3 Net amount paid during the year for losses
4 Cash dividends actually paid stockholders amount of
stockholders dividends declared during the year
2082592 45
32356 92
2364465 70
1000000 00
986138 45
4350604 15
2645149 21
175 00
114936 09
113893 00
2874153 30
1439686 21
80000 00COMPTROLLERGENERALS REPORT 97
6 Paid for commissions or brokerage 535762 06
7 Paid for salaries fees and other charges of officers clerks
agents and all other employees 203650 81
8 Paid for State national and local taxes in this and other
States 70013 83
9 All other payments and expenditures viz Maps sur
veys advertising printing and stationery office ex
penses postage telegrams express fire patrols etc
23613630 agentsbalances to profit and loss 6057 236196 87
Aggregate amount of actual expenditures during the
year in cash 2565309 78
Business in the State of Georgia during the year
Fire risks written 3727249 85
Premiums received 44377 32
Losses paid 24511 12
Losses incurred 28665 90
HARTFORD FIRE INSURANCE COMPANY OF HARTFORD CONN
Geo L Chase President P C Rotce Secretary
Principal Office 125 Trumbull Street Hartford Conn
Thos Egleston Atlanta Attorney for Service in Georgia
lCAPITAL
1 Whole amount of capital stock 1250000 00
2 Amount paid up in cash 1250000 00
IIASSETS
1 Market value of real estate owned by the company less
the amount of incumbrances thereon 1018500 00
2 Loans on bond and mortgage duly recorded and being
first liens on the fee simple 658500 00
3 Interest accrued on all said bond and mortgage loans 8317 14
6 Total value of said mortgaged premises
carried inside 1637250 00
9 Total par and market value of stocks and bonds owned ab
solutely by the company carried out at market value 12896443 07
11 Total amount loaned on stocks bonds and all other se
curities except mortgages 1000 00
12 Cash in companys principal office 37924 32
7 in98 COMPTROLLERGENERALS REPORT
13 Cash belonging to the company deposited in bank Hartford National Bank 12924306 Connecticut Trust and Safe Deposit Company 43504395 J P Morgan Co New York 822193 Imperial Bank Toronto Ont 3643787 Northern Trust Company Chicago 4647293 American National Bank Hartford 21781 AngloCalifornian Bank San Francisco 1565152 American Exchange National Bank New York 38587 Union Trust Company San Francisco 2154110 Bankers Trust Com
pany New York 389188 total 697107 92
735032 24
16 Interest due and accrued on collateral loans and uncol
17 9 72
Cash in hands of agents and in course of transmission 2731794 97
All other assets both real and personal as per schedule
attached viz Rents due and accrued 136404 due
from other companies for reinsurance on losses already
paid 1096569 12329 73
Total assets of the company actual cash ma
rket value 18061926 87
IIILIABILITIES
1 Losses due and unpaid 384911 84
2 Gross losses in process of adjustment or in suspense including all reported and
630729 43
3 Losses resisted including interest costs
6 81417 23
1097058 50
7 Gross premiums without any deduction received and receivable upon all unexpired Are risks running one year or less from date of policy 959560689 un
earned premiums fifty per cent 4797803 44
8 Gross premiums without any deduction received and receivable upon all unexpired fire risks running more than one year from date of policy 968073584
11 unearned premiums pro rata 5299598 02
Total unearned premiums as computed above carried
10097401 46

COMPTROLLERGENERALS REPORT 99
19 All other demands against the company absolute and con
tingent due and to become due admitted and contested
viz Commission brokerage etc due or to become due
20753230 return premiums 25923813 466770 43
20 Total amount of all liabilities except capital stock and
net surplus 11661230 39
21 Joint stock capital actually paid up in cash 1250000 00
23 Surplus beyond capital and all other liabilities 5150696 48
24 Aggregate amount of all liabilities including capital paid
up and net surplus 18061926 87
IVINCOME DURING THE YEAR
7 Entire premiums collected during the
year 16024042 25
8 Deduct reinsurance and return premiums 3087928 85
9 Net cash actually received for premiums carried out 12936113 40
10 Received for interest on mortgages 30903 23
11 Received for interests and dividends on stocks and bonds
collateral loans and from all other sources 461891 56
12 Income received from all other sources omitting increase
if any in value of securities viz Rents 43040 82
15 Aggregate amount of income actually received during the
year in cash 13471949 01
VEXPENDITURES DURING THE YEAR
Fire
1 Gross amount actually paid for losses in
cluding 89144696 losses occurring in
previous years 6607373 77
2 Deduct all amounts actually received for
salvages whether on losses of the last
or of previous year and all amounts
actually received for reinsurance in oth
er companies 398822 06
3 Net amount paid during the year for losses 6208551 71
4 Cash dividends actually paid stockholders amount of
stockholders dividends declared during the year 573203 56
6 Paid for commissions or brokerage 2370320 42
7 Paid for salaries fees and other charges of officers clerks
agents and all other employees 781583 41
S Paid for State national and local taxes in this and other
States 2968o
i All other payments and expenditures 1002368 88
Aggregate amount of actual expenditures during the
year in cash11232923 48100
COMPTROLLERGENERALS REPORT
Business in the State of Georgia during the year
Fire risks written 18676016 0O
Premiums received gross 263303 71
Losses paid 118956 63
Losses incurred 111666 73
THE HOME INSURANCE COMPANY OF NEW YORK
Elbridge G Snow President Areunah M Burtis Secretary
Principal Office 56 Cedar Street New York
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 1543892 06
2 Loans on bond and mortgage duly recorded and being
first liens on the fee simple 109500 00
4 Value of lands mortgaged exclusive of
buildings and perishable improvementsif 124800 00
5 Value of buildings mortgaged insured for
116800 as collateral 121200 00
6 Total value of said mortgaged premises
carried inside 246000 00
9 Total par and market value of stocks and bonds owned
absolutely by the company carried out at market
value 17411705 00
13 Cash belonging to the Company deposited in bank
American Exchange National Bank 52789544 Han
over National Bank 21159976 The New York Trust
Co 14079185 Colonial Trust Co 10000000 United
States Mortgage Trust Co 10000000 Standard
Trust Co 10000000 total 11802S7 05
17 Cash in hands of agents and in course of transmission 993337 04
18 Bills receivable not matured taken for fire marine
and inland risks 331 73
Total assets of the company actual cash market
value 21239052 8S
IIILIABILITIES
1 Losses due and unpaid 206979 00
2 Gross losses in process of adjustment or
in suspense including all reported and
supposed losses 1012956 36COMPTROLLERGENERALS REPORT
101
3 Losses resisted including interest costs
and other expenses thereon
84452 97
4 Total gross amount of claims for losses 1304388 33
5 Deduct reinsurance thereon 521341 25
6 Net amount of unpaid losses
7 Gross premiums without any deduction
received and receivable upon all unex
pired fire risks running one year or less
from date of policy 577717900 un
earned premiums fifty per cent 2888590 00
8 Gross premiums without any deduction
received and receivable upon all unex
pired fire risks running more than one
year from date of policy 858786200
unearned premiums pro rata 4515985 00
9 Gross premiums without any deduction
including both cash and bills re
ceived and receivable upon all unex
pired inland navigation and marine
risks 259367 unearned premiums
fifty per cent 129684 00
10 Gross premiums without any deduction
received and receivable on all unex
pired marine risks 63742 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 reserve for
taxes etc
19 All other demands against the company absolute and
contingent due and to become due admitted and
contested viz Commissions and brokerage 69
15280 reinsurance premiums 76835066 total
783047 08
7598001 00
300000 00
837503 46
20 Total amount of all liabilities except capital stock and
net surplus 9518551 54
21 Joint stock capital actually paid up in cash 3000000 00
23 Surplus beyond capital and all other liabilities 8720501 34
24
Aggregate amount of all liabilities including capital
paid up and net surplus 21239052 88
Amount of unearned premiums repre
sented by installment notesbeing the
whole amount of such notes 1404087 05102
COMPTROLLERGENERALS REPORT
IVISCOME DURING THE YEAR
Marine and
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 290908 59 164256 45
3 Net collected 290908 59 164256 45
4 Gross premiums on risks
written and renewed dur
ing the year 12727720 23 516648 94
5 Total 13018628 82 680905 39
6 Deduct premiums and bills
in course of collection at
thisdate 213628 15 139279 05
7 Entire premiums collected
during the year 12805000 67 541626 34
8 Deduct reinsurance and re
turn premiums 4311895 99 249202 53
9 Net cash actually received
for premiums carried out 8493104 68 292423 81 8785528 49
10 Received for interest on bonds and mortgages 4739 83
11 Received for interests and dividends on stocks and
bonds collateral loans and from all other sources 625041 08
12 Income received from all other sources omitting in
crease if any in value of securities viz Rents
19472095 profit and loss account 2897628 223697 23
15 Aggregate amount of income actually received during
the year in cash 9639006 63
VEXPENDITURES DURING THE YEAR
Marine and
Fire Risks Inland Risks
1 Gross amount actually paid
for losses including
122034585 losses oc
curring in previous years 5964219 93 336607 07
2 Deduct all amounts actually
received for salvages
whether on losses of the
last or of previous year
7382045 and all amounts
actually received for re
insurance in other com
panies 198675710 to
tal deductions 1864131 35 196446 20
V et amount paid during the
ar for losses 4100088 58 140160 87 4240249 45COMPTROLLERGENERALS REPORT 103
4 Cash dividends actually paid stockholders amount of
stockholders dividends declared during the year 600000 00
6 Paid for commissions or brokerage 1604290 34
7 Paid for salaries fees and other charges of officers
clerks agents and all other employees 515435 75
8 Paid for State national and local taxes in this and other
States 241900 96
9 All other payments and expenditures 671093 85
Aggregate amount of actual expenditures during
the year in cash 7872970 35
Business in the State of Georgia during the year
Risks written Are 20058499 00
Premiums received gross 201610 81
Losses paid 84389 15
Losses incurred 92255 30
JEFKERSON FIRE INSURANCE COMPANY OF PHILADELPHIA
Sydney E Hutchinson President Charles B Jennings Secretary
Principal Office 325 Walnut Street Philadelphia
J C Dakgon Atlanta Attorney for Service in Georgia
ICAPITAL
1 Whole amount of capital stock
2 Amount paid up in cash 200000 00
IIASSETS
1 Market value of real estate owned by the company less
the amount of incumbrances thereon
2 Loans on bond and mortgage duly recorded and being
first liens on the fee simple par on market value of
mortgages over cost 23500
3 Interest due on all said bond and mortgage loans 74670
and interest accrued thereon 177956
4 Value of lands mortgaged exclusive of
buildings and perishable improve
ments r
5 Value of buildings mortgaged insured
for 12460000 as collateral
9 Total par and market value of stocks and bonds owned
absolutely by the company carried out at market value
11 Total amount loaned on stocks and bonds and all other
securities except mortgages
12 Cash in companys principal office 2042 91
13 Cash belonging to company deposited in
bank 11W98
200000 00
109504 40
136831 00
2526 26
Total cash items
166052 50
18200 00
112094 89104
COMPTROLLERGENERALS REPORT
15 Interest due and accrued on stocks not included in
market value uncollected 1777 90
16 Interest due and accrued on collateral loans and uncol
lected 128 75
17 Cash in hands of agents and in course of transmission 14758 28
18 All other assets both real and personal viz rents due
and accrued 75032 interest on money deposited in
bank 37732 1127 64
Amount reclaimable on temporary and perpetual poli
cies on real estate of company 1042 30
Total assets of the company actual cash market
value 564043 92
IIILIABILITIES
1 Losses adjusted and unpaid 1843 59
2 Gross losses in process of adjustment or
in suspense including all reported and
supposed losses about 2965 00
6 Net amount of unpaid losses
7 Gross premiums without any deduction
received and receivable upon all unex
pired Are risks running one year or less
from date of policy 16013188 un
earned premiums fifty per cent
8 Gross premiums without any deduction
received and receivable upon all unex
pired fire risks running more than one
year from date of policy 4826803
unearned premiums pro rata
30065 94
25841 39
11
12
Total unearned premiums as computed above carried
out
Amount reclaimable by the insured on perpetual fire
insurance policies being five and ten per cent of the
premium or deposit received 1371650 five percent
6011947 ten percent
18 Commissions brokerage and other charges due or to
become due to agents and brokers
19 All other demands against the company absolute and
contingent due and to become due admitted and con
tested viz tax on capital stock 90000 tax on pre
miums 12675 fire insurance patrol 8723
20 Total amount of all liabilities except capital stoik 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
4808 59
55907 33
67138 21
5594 00
1113 98
134562 11
200000 00
229481 81
564043 92COMPTROLLERGENERALS REPORT 105
IVINCOME DURING THE YEAR
Fire Risks
1 Gross premiums and bills in course of col
lection at close of last previous year as
shown by that years statement 13997 81
3 Net collected 13997 81
4 Gross premiums on risks written and re
newed during the year 90843 84
5 Total 104841 65
6 Deduct premiums and bills in course of
collection at this date 14758 28
7 Entire premiums collected during the
year
90083 37
8 Deduct reinsurance and return premiums 15172 42
74910 95
Increase in uncollected premiums over
last year760 47
9 Net cash actually received for premiums carried out 75671 42
10 Received for interest on bonds and mortgages 9065 85
11 Received for interest and dividends on stocks and bonds
collateral loans and from all other sources 6791 77
12 Income received from all other sources omitting in
crease if any in value of securities viz Rents 7
92250 transfers etc 14021 discount on perpetual
policies cancelled 239 99 profit on sale or maturity
of ledger assets 3000 8332 70
13 Received for increased capital 100000 00
14 Deposit premiums written on perpetual risks gross 2202 9
15 Aggregate amount of income actually received during
the year in cash 102063 83
VEXPENDITURES DURING THE YEAR
On Fire Risks
1 Gross amount actually paid for logses in
cluding 700000 losses occurring in
previous years 35942 20
2 Deduct all amounts actually received for
salvages whether on losses of the last
or of previous year 2349 and all
amounts actually received for reinsur
ance in other companies total deduc
23 49
tions
3 Net amount paid during the year for losses 3o818 71
4 Cash dividends actually paid stockholders amount of
stockholders dividends declared during the year 12000 00
5 Deposit premiums returned reinsurance 37500 3194 02
6 Paid for commissions or brokerage including agency
25015 04
commissions 106 COMPTROLLERGENERALS REPORT
7 Paid for salaries fees and other charges of officers
clerks agents and all other employees 6276 99
8 Paid for State national and local taxes in this and other
States 3072 32
9 All other payments and expenditures viz repairs and
expenses on real estate 82330 miscellaneous ex
penses 283752 loss on sale or maturity of ledger
assets 8031 3741 13
Aggregate amount of actual expenditures during
the year in cash 89218 21
LIVERPOOL AND LONDON AND GLOBE INSURANCE COMPANY
OF NEW YORK N Y
Henry W Eaton President George VV Hoyt Secretary
Home Office 45 William Street New York City
CAPITAL STOCK
1 Amount of capital paid up in cash 200000 00
Amount of ledger assets as per balance
December 31 of previous year 582675 76
Extended at 582675 76
IIINCOME
Fire Risks
336732 85
1 Gross premiums written or renewed dur
ing the year
2 Deduct reinsurance rebate abatement
and return premiums 190689 50
3 Total premiums other than perpetuals
7 Interest on bonds and dividends on
stocks 19814 95
8 Interest from all other sources 935 18
10 Total interest
13 Total income
146043 35
20750 13
166793 48
IIIDISBURSEMENTS
1 Gross amount paid for losses including
1615852 occurring in previous years
2 Deduct amount received for salvage
192276 and for reinsurance in other
companies 8616382
Fire Risks
177950 37
88086 58
3 Net amount paid for losses 89863 79
5 Paid stockholders for interest or dividends amount de
clared during the year 10000 00
8 Commissions or brokerage 18261 68COMPTROLLERGENERALS REPORT
107
4797 50
8205 10
9 Salaries fees and all other charges of
officers clerks agents and other em
ployees
13 All other taxes licenses and insurance
department fees
15 All other disbursements Advertising
78699 printing and stationery
114487 Board of Underwriters 1
28298 Are departments 61383 sur
veys 157746 office expenses etc
10862 postage expenses and tele
grams 107907 traveling 12120
legal expenses 36274
16 Total disbursements 138205 83
IVLEDGER ASSETS
4 Book value of bonds excluding interest 34645473
and stocks 154722221
5 Cash deposited in bank Hanover National Bank N Y
952374 United States Trust Co 4000000
6 Agents balances representing business written sub
sequent to October 1 1905
7077 76
Total ledger assets
NONLEDGER ASSETS
13 Interest due and accrued on bonds and stocks
21 Gross assets
501176 95
49523 74
60562 72
611263 41
5075 00
DEDUCT ASSETS NOT ADMITTED
7 Depreciation from book value of ledger assets to bring
same to market value
616338 41
18651 95
9 Total admitted assets
VLIABILITIES
2 Gross claims for losses in process of ad
justment or in suspense including all
reported and supposed losses
3 Gross claims for losses resisted
4 Total
5 Deduct reinsurance due or accrued
597686 46
28380 00
6000 00
34380 00
14029 00
6 Net amount of unpaid losses and claims
7 Gross premiums less reinsurance re
ceived and receivable upon all unex
pired fire risks running one year or
less from date of policy including in
terest I premiums on perpetual fire
risks 15246593 unearned premiums
fifty percent1
20351 00
76232 97108
COMPTROLLERGENERALS REPORT
8 Gross premiums less reinsurance re
ceived and receivable upon all unex
pired fire risks running more than one
year from date of policy 12500317
unearned premiums pro rata
65401 37
12 Total unearned premiums as computed above 141634 34
19 Salaries rents expenses taxes bills accounts fees
etc due or accrued 7500 00
Commissions brokerage and other charges due or to be
come due to agents and brokers 4000 00
Return premiums 589878 reinsurance premiums
1091661 16815 39
20
21
24 Total amount of all liabilities except capital 190300 73
25 Capital actually paid up in cash 200000 00
26 Surplus over all liabilities 207385 73
27 Surplus as regards policy holders
23 Total liabilities
407385 73
597686 46
Business in the State of Georgia during the year
Risks written fire3
Premiums received
Losses paid
Losses incurred
1021219 00
18806 47
15898 77
15062 77
LIVERPOOL AND LONDON AND GLOBE INSURANCE COMPANY
OF LIVERPOOL ENGLAND
Henry W Eton Resident Manager New York
Principal Office in the United States 45 William Street New York City
ICAPITAL STOCK
1 Amount of statutory de
deposit 200000 00
Amount of ledger assets as per balance
December 31 of previous year 11903415 83
Extended at 11903415 83
IIINCOME
Fire Risks
L Gross premiums written or renewed dur
ing the year 10955269 33
2 Deduct reinsurance rebatb abatement
and return premiums 4152112 81
3 Total premiums other than perpetuals 6803156 52
4 Deposit premiums written on perpetual risks gross 1700 11COMPTROLLERGENERALS REPORT 109
5 Interest on rhortgage loans 144541 78
7 Interest on bonds and dividends on stocks 158050 00
8 Interest from all other sources 18615 24
9 Gross rents from companys prop rty in
cluding 3971250 for companys own
occupancy 85694 92
10 Total interest and rents 406901 94
11 Profit on sale of maturity of ledger assets 53617 92
12 From all other sources Lifeincome 108302 received
from home office 7287826 73961 28
13 Total income 7339337 77
Total footings 1924275360
mDISBURSEMENTS
Fire Risks
Gross amount paid for losses including
797034 03 occurring in previous years 5129189 43
Deduct amount received forsalvage162
34158 and for reinsurance in other
companies 144770435 1610045 93
3 Net amount paid for losses 3519143 50
4 Deposit premiums returned 29536 41
8 Commissions or brokerage 1117097 36
9 Salaries fees and all other charges of officers clerks
agents and other employees 408691 51
10 Rents including 3971250 for companys own occupancy 58883 35
12 Taxes on real estate 32632 52
13 All other taxes licenses and insurance department fees 195757 36
14 Loss on sale or maturity of ledger assets 1704402
Life expenditure 2203536 Remitted to home office
133995791 total 1379037 29
15 All other disbursements Advertising 3691065 print
ing and stationery 3966440 legal expenses 2
83387 office furniture 348970 fire departments
547305 boards of underwriters 7958999 surveys
7506927 traveling 6102243 postage express and
telegrams 3701033 office expenses 5323948 mis
cellaneous 243950 total 396742 67
Total disbursements 7137021 97
IVLEDGER ASSETS
1 Book value of real estate unincumbered 1854023 90
2 Mortgage loans on real estate first liens 3082450 00
4 Book value of bonds excluding interest
367370483 and stocks 94487794 4613582 77
5 Cash in companys office 195458 de
posited in bank Hanover National
Bank of New York 18488198 New
York Life Insurance Trust Co New110
COMPTROLLERGENERALS REPORT
York 37000000 United States Trust
Co New York 37000000 Union Trust
Co New York 10000000 Farmers
Loan and Trust Co New York 100
00000 First National Bank Chicago
5804368 Bank of California San
Francisco 3519232 Hibernia Bank
and Trust Co New Orleans 62214
Commercial National Bank New
Orleans 5477 Whitney Central
National Bank New Orleans 167072
American Exchange National Bank
New York 1137765 Kquitable Trust
Co New York 958790 total
Agents balances representing business
written subsequent to October 1 1905
Agents balances representing business
written prior to October 1 1905
1243385 74
1276714 26
30574 96
11 Total ledger assets 12105731 6b
NONLEDGER ASSETS
12 Interest due 187502 and accrued 37
81113 on mortgages 39686 15
13 Interest accrued on bonds and stocks 45483 75
15 Interest accrued on other assets 188 90
16 Rents accrued on companys property or
lease 10000 00
17 Total 95358 80
18 Market value of real estate over book value 7673 38
19 Market value of bonds and stocks over book value 56543 48
20 Other nonledger assets viz Perpetual policy premiums 215 93
21 Gross assets 12265523 22
DEDUCT ASSETS NOT ADMITTED
4 Agents balances representing business written prior
to October 1 1905 30574 96
9 Total admitted assets 12234948 26
VLIABILITIES
2 Gross claims for losses in process of ad
justment or in suspense including all
reported and supposed losses 745718 33
3 Gross claims for losses resisted 88612 27
4 Total
5 Deduct reinsurance due or accrued
834330 60
281520 50
6 Net amount of unpaid losses and claims 552810 10COMPTROLLERGENERALS REPORT
Ill
7 Gross premiums less reinsurance re
ceived and receivable upon all unex
pired fire risks running one year or
less from date of policy including in
terest premiums on perpetual Are
risks523378688 unearned premiums
fifty per cent 2616893 44
8 Gross premiums less reinsurance re
ceived and receivable upon all unex
pired fire risks running more than one
year from date of policy 612102277
unearned premiums pro rata 3269090 15
12 Total unearned premiums as computed above 5885983 59
13 Amount reclaimable by the insured on perpetual fire in
surance policies being 95 per cent of the premium or
deposit received
14 Net premium reserve and all other liabilities except
capital under the life insurance or any other special
department
20 Commissions brokerage and other charges due or to be
come due to agents and brokers 20000 00
21 Return premiums 6765590 reinsurance premiums
15649351 total 224149 41
243508 18
46217 21
24 Total amount of all liabilities except capital 6972668 49
27 Surplus as regards policyholders 5262279 77
28 Total liabilities 12234948 26
Business in th Stnte of Georgia during the year 1905
Risks written fire 12591184 00
Premiums received 242539 66
Losses paid 97437 69
Losses incurred 100899 85
LONDON ASSURANCE CORPORATION OF LONDON ENGLAND
Charles L Case United States Manager
Principal Office 56 Wall Street New York N Y
W F Manry Atlanta Attorney for Service in Georgia
iCAPITAL
1 Whole amount of capital deposit 610000 00
IIASSETS
9 Total par and market value of stocks and bonds owned
absolutely by the company carried out at market
value 2324484 00112
COMPTROLLERGENERALS REPORT
12 Cash in companys principal office
13 Cash belonging to the company deposited
in bank
2415 79
246166 04
Total cash items 248581 83
15 Interest due and accrued on bonds not included in mar
ket value uncollected 28025 f
17 Cash in hands of agents and in course of transmission 338538 66
18 All other assetsboth real and personal 1242 88
Total assets of the company actual cash market
value 2940872 79
IIILIABILITIES
1 Losses due and unpaid 28100 not yet
due 1403700
2 Gross losses in process of adjustment or
in suspense including all reported and
supposed losses
3 Losses resisted including interest costs
and other expenses thereon
4 Total gross amount of claims for losses
5 Deduct reinsurance thereon
14318 00
217540 54
18396 00
250254 54
44323 54
17
1
531234 09
752276 29
16962 24
41670 47
205931 00
6 Net amount of jinpaid losses
7 Gross premiums without any deduction
received and receivable upon all unex
pired fire risks running one year or less
from date of policy 106246818 un
earned premiums fifty per cent
8 Gross premiums without any deduction
received and receivable upon all unex
pired fire risks running more than one
year from date of policy 141109128
unearned premiums pro rata
9 Gross premiums without any deduction
including both cash and bills re
ceived and receivable upon all unex
pired inland navigation and marine
risks 3392449
10 Gross premiums without any deduction
received and receivable on all unex
pired marine risks
11 Total unearned premiums as computed above carried
out 134214309
Due and accrued for salaries rent advertising and for
agency and other miscellaneous expenses
All other demands against the company absolute and
contingent due and to become due admitted and con
tested viz reinsurance premiums
12500 00
37972 76COMPTROLLERGENERALS REPORT
113
20
21
23
24
Total amount of all liabilities except capital stock and
net surplus
Deposit 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
1598546 85
610000 00
732325 94
2940872 79
Gross premiums and bills
in course of collection
at close of last previous
year as shown by that
years statement
Net collected
Gross premiums on risks
written and renewed
during the year
IVIKCOMB DURING THE YEAR
Fire Risks
Marine and
Inland Risks
256880 22
83955 58
256880 22
83955 58
136409 85 845413 35
819541 20
481773 65
10
11
12
14
15
Total 2393290 07 929368 93
Deduct premiums and bills
in course of collection
at this date 304697 65 109827 73
Entire premiums collected
during the year 2088592 42
Deduct reinsurance and re
turn premiums 556770 20
Net cash actually received
for premiums carried
outI 1531822 22 337767 55
Received for interest on bonds
Received for interests and dividends on stocks and
bonds collateral loans and from all other sources
Income received from all other sources omitting in
crease if any in value of securities viz securities
Remittances from home office during the
year 207 68
Aggregate amount of income actually received during
the year in cash
1869589 77
90272 29
2770 65
4125 00
1966757 71
VEXPENDITURES DURING THE YEAR
Fire Risks
Marine and
Inland Risks
Gross amount actually
paid for losses includ
ing 17481600 losses oc
curring in previous
years
783626 07 491633 94114
COMPTROLLERGENERALS REPORT
Deduct all amounts ac
tually received for sal
vages whether on
losses of the last or of
the previous year 44
31433 and all amounts
actually received for re
insurance in other com
panies 33255131 total
deductions
96121 77
280743 87
3 Net amount paid during
the year for losses 687504 30 210890 07
4 Cash dividends actually paid stockholders amount of
stockholders dividends declared during the year
5 Purchase of securities
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 Stale national and local taxes in this and
other States
9 All other payments and expenditures viz Rents 21
04148 advertising 373823 maps 594801 printing
and stationery 952705 postage and telegrans 13922
08 travelling 2481046 furniture 112359 miscel
laneous 3291168 total
10 Amount sent to home office during the
year 306741 94
Aggregate amount of actual expenditures during
the year in cash
898394 37
50000 00
390899 37
125317 26
59062 72
113022 58
1636696 30
Business in the State of Georgia during the year
Fire risks written
Premiums receivedgross
Losses paid
Losses incurred
Fire Risks
951258 00
17938 53
10137 32
7381 32
Marine and
Inland Risks
639653 00
1318 24
264 61
264 61
Aggregate
1590911 00
19256 77
10401 93
7645 9 ICOMPTROLLERGENERALS REPORT
115
LONDON AND LANCASHIRE FIRE INSURANCE COMPANY OF
LIVERPOOL ENGLAND
Archibald G McIlwaine Jr Manager
Principal Office in the United States 57 and 59 William St New York City
Fred W Colb Atlanta Attorneyfor Service in Georgia
IIASSETS
1 Market value of real estate owned by the company less
the amount of incumbrances thereon
9 Total par and market value of stocks and bonds owned
absolutely by the company carried out at market value
12 Cash in companys principal office 28412 15
13 Cash belonging to the company deposited
in bank 441089 73
Cash in hands of United States trustee 120500 00
300000 00
2 006771 32
Total cash items
15 Interest due and accrued on stocks not included in
market value uncollected
Interest due and accrued on other assets
17 Cash in hands of agents and in course of transmission
41827606 less commissions 8177873
18 Bills receivable not matured taken for fire marine and
inland risks
All other assets both real and personal viz Rents due
and accrued 1702 due from other companies for
reinsurance on losses already paid 1281546
Balances due from other companies
590001 88
28436 25
1902 54
336497 33
1565 11
14517 46
1620 35
Total assets of the company actual cash market
value 3281312 24
Premiums over three months due not in
cluded in above 6848 31
1
2
IIILIABILITIES
Losses due and unpaid
Losses not yet due
Gross losses in process of adjustment
or in suspense including all reported
and supposed losses
Losses resisted including interest costs
and other expenses thereon
24444 00
19732 62
153823 70
16153 55
4 Total gross amount of claims for losses
5 Deduct reinsurance thereon
214153 87
66453 89
6 Net amount of unpaid losses
147699 9116
COMPTROLLERGENERALS REPORT
7 Gross premiums without any deduction
received and receivable upon all unex
pired fire risks running one year or less
from date of policy 140849214 un
earned premiums fifty per cent 704246 05
8 Gross premiums without any deduction
received and receivable upon all unex
pired fire risks running more than one
year from date of policy 215757085
unearned premiums pro rata 1156282 35
11 Total unearned premiums as computed above car
ried out
19 All other demands against the company absolute and
contingent due and to become due admitted and con
tested viz Unpaid return premiums 183886 un
paid reinsurance 7753805 total 7937691 less com
missions 14178 60
1860528 40
65198 31
20 Total amount of all liabilities except capital stock
and net surplus 2073426 6 I
23 Surplus beyond capital and all other liabilities 12 7885 55
24 Aggregate amount of all liabilities including capital
paid up and net surplus 3281312 24
IVINCOME DURING THE YEAR
On Fire Eikks
1 Gross premiums and bills in course of
collection at close of last previous year
as shown by that years statement 462283 64
3 Net collected 46228364
4 Gross premiums on risks written and re
newed during the year 3135827 S9
5 Total 3598111 63
6 Deduct premiums and bills in course of
collection at this date 426689 48
7 Entire premiums collected during the
year cash 316928355 notes 213860 3171422 15
8 Deduct reinsurance and return premiums 1046649 88
9 Net cash actually received for premiums carried out 2124772 27
11 Received for interests and dividends on stocks and
bonds collateral loans and from all other sources 89664 05
12 Income received from all other sources omitting in
crease if any in the value of securities viz Rents 1803 96
15 Aggregate amount of income actually received during
the year in cash 22162402COMPTROLLERGENERALS REPORT
117
8 1291888 00
VEXPENDITURES DURING THE YEAR
Fire Risks
Gross amount actually paid for losses in
cluding 15951005 losses occurring in
previous years
Deduct all amounts actually received for
salvages wheoher on losses of the last
or of previous year 2494029 and all
amounts actually received for reinsur
ance in other companies 33310486
total deductions 358045 15
3 Net amount paid during the year for losses
6 Paid for commissions or brokerage
7 Paid for salaries fees and other charges of officers
clerks agents and all other employees
8 Paid for State national and local taxes in this and other
states
9 All other payments and expenditures viz Printing ad
vertising and stationery 1873553 rents 2130460
furniture and fixtures 451311 postage telegrams
and exchange 1557616 boards maps and surveys
4442193 miscellaneous 3256059 total
10 Amount sent to home office during the
year in cash 305003 40
Aggregate amount of actual expenditures during
the year
Business in the State of Georgia during the year
Fire risks written
Premiums received gross
Losses paid
Losses incurred
933842 8
391746 31
158934 32
66199 19
137116 92
1687839 59
4118859 00
51871 97
11129 57
11270 57
LUMBER MUTUAL INSURANCE 00 OF BOSTON MASS
W 0 Johnson President Harry E Stone Secretary
Principal Office 53 State Street Boston Mass
Wm AWright Insurance Commissioner Attorney for Service in Georgia
IIASSETS
2 Loans on bond and mortgage duly recorded and being
first liens on the fee simple 1200 00
4 Value of lands mortgaged exclusive of
buildings and perishable improvements
including water privilege 1000 00
5 Value of buildings mortgaged insured
for 120000 as collateral 3400 00
6 Total value of said mortgaged premises
carried inside 4400 00118
COMPTROLLERGENERALS REPORT
9 Total par and market value of stocks and bonds owned
absolutely by the company carried out at market
value 138500 00
11 Total par and market value and amount loaned thereon 5000 00
12 Cash in companys principal office 178 08
13 Cash belonging to the company deposited
in bank 86391 36
Total cash items 86569 44
17 Cash in hands of agents and in course of transmission
Premiums written direct subsequent to October 1
599024 due from agents for premiums subsequent
to October 1 1070092 total 16691 16
All other assets both real and personal Dividends ad
vanced on pols exp after Jan 1 1906 4047 74
252008 34
Bonds deposited with Treasurer of Georgia 10000 00
Total assets of the company actual cash market
value 242008 34
IIILIABILITIES
2 Gross losses in process of adjustment or
in suspense including all reported and
supposed losses 2200 00
6 Net amount of unpaid losses
7 Gross premiums without any deduction received and
receivable upon all unexpired Are risks running one
year or less from date of policy 19460461 unearned
premiums fifty per cent
18 Return premiums not due
19 All other demands against the company absolute and
contingent due and to become due admitted and con
tested viz For inspection 64098 for contingent
commission estimated 280000 total
20 Total amount of all liabilities except capital stock
and net surplus
23 Surplus beyond capital and all other liabilities
24 Aggregate amount of all liabilities including capital
paid up and net surplus 242008 34
IVINCOME DURING THE YEAK
Fire Risis
1 Gross premiums and bills in course of
collection at close of last previous year
as shown by that years statement 13957 19
2200 00
97302 31
320 95
3440 98
103264 24
138744 10
3 Net collected
13957 19COMPTROLLERGENERALS REPORT
119
4 Gross premiums on risks written and re
newed during the year
5 Total
6 Deduct premiums and bills in course of
collection at this date
7 Entire premiums collected during the
year
8 Deduct rebate 36078 and return pre
miums 2739379
227367 43
241324 62
16691 16
224633 46
27754 57
9 Net cash actually received for premiums carried out
10 Received for interest on 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 Discount
on losses 59973 old accounts 23774 office furni
ture 7200 total
l5 Aggregate amount of income actually received during
the year in cash
196878 89
81 00
7727 15
309 74
205596 51
VEXPENDITURES DURING THE YEAR
fire Kisks
1 Gross amount actually paid for losses in
cluding 798502 losses occurring in
previous years 71181 59
3 Net amount paid during the year for losses
4 Cash dividends actually paid stockholders amount of
stockholders dividends declared during the year
Premiums on bonds purchased 276150 interest on
bonds purchased 40238 total
6 Paid for traveling and inspection 797589 unpaid Dec
31 04 66886 864475 unpaid Dec 81 95 64098
since paid
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 Adjusting
65681 exp post and Tele 17990 office expenses
59638 print and adv 249222 rent 122013 total
Aggregate amount of actual expenditures during
the year in cash
Businesi in the State of Georgia during the year

Fire risks writtenr
Premiums received gross
Losses paid
Losses incurred
71181 59
58590 11
8163 88
8003 77
15018 77
3222 93
5145 44
164326 49
139333 33
4121 79
1682 45
3182 45120
COMPTROLLERGENERALS REPORT
MERCANTILE MUTUAL FIRE INSURANCE CO OF PROVIDENCE
RHODE ISLAND
Henry T Grant President Alfred W Eddy Secretary
Principal Office 10 AVybosset St Providence R I
W A Wright Atlanta Attorney for Service in Georgia
IIASSETS
9 Total par and market value of stocks and bonfls owned
absolutely by the company carried out at market
value9 201000 00
11 Total amount loaned on stocks and bonds and all other
securities except mortgages 4300 00
13 Cash belonging to the company deposited in the Ameri
can National Bank 20967 68
15 Interest due and accrued on stocks not included in the
market value uncollected 1825 60
16 Interest due and accrued on collateral loans and uncol
lected 127 09
7 Cash in hands of agents and in course of transmission 740L 48
All other assets both real and personal viz Endorsed
demand note 10 0 00
Total assets of the company actual cash market
value 23962185
IIILIABILITIES
2 Gross losses in process of adjustment or in suspense
including all reported and supposed losses 1679 22
7 Gross premiums without any deduction received and
receivable upon all unexpired fire risks running one
year or less from date of policy 21711493 un
earned premiums fifty per cent 108557 46
19 All other demands against the company absolute and
contingent due and to become duo admitted and con
tested viz Taxes for 1906 4342 29
20 Total amount of all liabilities except capital stock and
net surplus
23 Surplus beyond capital and all other liabilities
24 Aggregate amount of all liabilities including capital
paid up and net surplus
IVINCOMB DURING THE YEAR
Fire Risks
1 Gross premiums and bills in course of col
lection at close of last previous year as
shown by that years statement 5119 31
114579 97
125041 88
239621 85
3 Net collected
5119 31COMPTROLLERGENERALS REPORT
121
4 Gross premiums on risks written and re
newed during the year
5 Total
6 Deduct premiums and bills in course of
collection at this date
7 Entire premiums collected during the year
8 Deduct reinsurance and return premiums
229449 23
234568 54
701 48
227167 06
12283 00
9 Net cash actually received for premiums carried out
11 Received for interests and dividends on stocks and
bonds collateral loans and from all other sources
12 Income received from all other sources omitting in
crease if any in value of securities
15 Aggregate amount of income actually received during
the year in cash
VEXPENDITURES DUBING THE YEAS
1 Gross amount actually paid for losses including 47324
losses occurring in previous years
4 Cash dividends actually paid stockholders amount of
stockholders dividends declared during the year
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 2100
interest on loan 9878 travel 376250 office inci
dentals 266989
Aggregate amount of actual expenditures during
the year in cash
Business in the State of Georgia during the year
214884 06
8613 62
900 00
Risks written fire
Premiums received gross
Losses paid
Losses incurred
224397 68
9608 58
170234 79
14870 02
3979 55
8631 26
207324 20
1414857 00
10424 74
510 34
510 34122
COMPTROLLERGENERALS REPORT
MICHIGAN COMMERCIAL INSURANCE COMPANY OF LANSING
Frank A Hooker President A D Baker Secretary
Principal Office 118 West Ottawa Street
Rhodes Browne Columbus Attorney for Service in Georgia
CAPITAL
1 Whole amount of capital stock
2 Amount paid up in cash
200000 00
IIASSETS
200000 00
2 Loans on bond and mortgage duly recorded and being
first liens on the fee simple
8 Interest accrued on all said bond and mortgage loans
4 Value of lands mortgaged exclusive of
buildings and perishable improvements 121450 00
5 Value of buildings mortgaged insured
for 16265000 as collateral 25880 00
6 Total value of said mortgaged premises
carried inside 380250 00
9 Total par and market value of stocks and bonds owned
absolutely by the company carried out at market value
12 Cash in companys principal office 1100 00
13 Cash belonging to company deposited in
bank 76695 57
Total cash items
15 Interest due and accrued on stocks and bonds not
included in market value uucollected
16 Interest due and accrued on certificate of deposit and
unsollected
Agents balances on business written subsequent to
October 1 1905
Agents balances on business written prior to October
11905
146800 00
1294 12
184583 10
77795 57
3230 79
453 32
41556 88
72 25
DEDUCT ASSETS NOT ADMITTED
Total assets of the company actual cash market
value 455750 03
Agents balances representing business written prior to
October 1 1905 72 25
Total admitted assets 455677 78
IIILIABILITIES
2 Gross losses in process of adjustment or
in suspense including all reported and
supposed losses 24933 62
5 Deduct reinsurance thereon 6781 73
6 Net amount of unpaid losses
18151 89COMPTROLLERGENERALS REPORT
123
Gross premiums without any deduction
received and receivable upon all unex
pired fire risks running one year or less
from date of policy 19003754 un
earned premiums fifty per cent 95018 77
Gross premiumswithout any deduction
received and receivable upon all unex
pired Are risks running more than one
year from date of policy 6006123
unearned premiums pro rata 50942 30
9
10
12
15
year
8 Deduct reinsurance and return premiums
489273 51
221229 75
Net cash actually received for premiums carried out
Received for interest oh bond and mortgages
Income received from all other sources omitting in
crease if any in value of securities viz Premiums
on bonds sold
Aggregate amount of income actually received during
the year in cash
VEXPENDITURES
Fire Risks
Gross amount actually paid for losses 98548 07
Deduct all amounts actually received for
salvages whether on losses of the last
or of previous year 53965 and all
amounts actually received for reinsur
ance in other companies 3055732
total deductions 31096 97
Net amount paid during the year for losses
Paid for commissions or brokerage
Paid for salaries fees and other charges of officers
clerks agents and all other employees
164112 96
200000 00
91564 82
11 Total unearned premiums as computed above carried
out 145961 07
20 Total amount of all liabilities except capital stock
and net surplus
21 Joint stock capital actually paid up in cash
3 Surplus beyond capital and all other liabilities
24 Aggregate amount of all liabilities including capital
paid up and net surplus 455677 78
IV INCOME DURING THE YEAR
Fire Risks
4 Gross premiums on risks written and re
newed during the year 530902 61
6 Deduct premiums and bills in course of
collection at this date 41629 13
7 Entire premiums collected during the
268013 76
6595 79
8 962 00
286468 23
67451 10
67566 02
9627 44124
COMPTROLLERGENERALS REPORT
8 Paid for State national and local taxes in this and other
States 3654 37
9 All other payments and expenditures viz Advertising
adjusting expenses agency expenses legal expenses
postage traveling expenses printing and lithograph
ing stationery signs and supplies express and
freight telegraph and telephone miscellaneous ex
penses premiums on bonds purchased total 38373 73
Aggregate amount of actual expenditures during
the year in cash 186672 66
MILWAUKEE MECHANICS FIRE INSURANCE COMPANY OF
MILWAUKEE WIS
William L Jones President Oscar Griebling Secretary
Principal office 442444 City Hall Square
Chas S Mathews Atlanta Attorney for Service in Georgia
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 114000 00
2 Loans on bond and mortgage duly recorded and being
first liens on the fee simple 1232717 87
3 Interest due on all said bond and mortgage loans 1
74447 interest accrued thereon 2414328 total 25887 75
4 Value of lands mortgaged exclusive of
buildings and perishable improvements 1486952 00
5 Value of buildings mortgaged 1503850 00
6 Total value of said mortgaged premises
carried inside 2990802 00
9 Total par and market value of stocks and bonds owned
absolutely by the Company carried out at market
value 1493610 83
11 Total loaned on stocks bonds and all securities except
mortgages 35000 00
12 Cash in companys principal office 18309 29
18 Cash belonging to the Company deposited
in bank viz First National Bank of
Milwaukee 113402 56
Total cash items 131711 85COMPTROLLERGENERALS REPORT
125
17 Cash in hands of agents and in course of transmission
Deposit Milwaukee board of Are underwriters
217514 24
100 00
Total assets of the company actual cash market
value 3250542 54
IIILIABILITIES
1 Losses due and unpaid 41599 73
2 Gross losses in process of adjustment or
in suspense including all reported and
supposed losses 73973 99
3 Losses resisted including interest costs
and other expenses thereon 12062 24
4 Total gross amount of claims for losses
5 Deduet reinsurance thereon
127635 96
31438 32
6 Net amount of unpaid losses 96197 64
7 Gross premiums without any deduction
received and receivable upon all unex
pired fire risks running one year or less
from date of policy 87878617 un
earned premiums fifty per cent 439393 08
8 Gross premiums without any deduction
received and receivable upon all unex
pired fire risks running more than one
year from date of policy 183695522
unearned premiums pro rata 1008579 40
11 Total unearned premiums as computed above carried
out 144797248
Reserve retained for reinsurance company 96541 79
20 Total amount of all liabilities except capital stock
and net surplus 1640711 91
21 Joint stock capital actually paid up in cash 200000 00
23 Surplus beyond capital and all other liabilities 1409830 63
24 Aggregate amount of all liabilities including capital
paid up and net surplus 3250542 54
IVINCOME DURING THE YEAR
Fire
1 Gross premiums and bills in course of
collection at close of last previous year
as shown by that years statement 269059 49
3 Net collected 269059 49
4 Gross premiums on risks written and re
newed during the year 2072403 85
5 Total 2341463 34126
COMPTROLLERGENERALS REPORT
Deduct premiums and bills in course of
collection at this date 271892 80
Entire premiums collected during the
year 2069570 54
Deduct reinsurance and return premiums 553193 54
9 Net cash actually received for premiums carried out 1516377 00
10 Received for interest on bonds and mortgages 52998 41
11 Received for interests and dividends on stocks and bonds
collateral loans and from all other sources 51449 70
12 Income received from all other sources omitting in
crease if any in value of securities viz Rents
399600 agents balances heretofore charged off
17475 reserve retained for reinsurance company
1553423 total 19704 98
15 Aggregate amount of income actually received during
the year in cash 1640530 06
VEXPENDITURES DURING THE YEAR
1 Gross amount actually paid for losses in
cluding 9355483 losses occurring in
previous years 732274 52
2 Deduct all amounts actually received for
salvages whether on losses of the last
or previous years 514954 and all
amounts actually received for reinsur
ance in other companies 13434915
total deductions 139498 69
3 Net amount paid during the year for losses
4 Cash dividends actually paid stockholders amount of
stockholders dividend 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 Traveling
printing stationery rents legal expenses furniture
depreciation in securities loss on agents bal
ances
592775 83
80000 00
372578 58
99447 93
58823 70
121360 30
Aggregate amount of actual expentures during
the year in cash
Business in the State of Georgia during the year
Risks written fire
Premiums received gross
Losses paid
Loises incurred
1324986 34
880804 00
15289 32
2232 05
4515 92COMPTROLLERGENERALS REPORT
127
NATIONAL FIRE INSURANCE COMPANY OF HARTFORD CONN
James Nichols President B R Stillman Secretary
Principal Office 95 Pearl Street Hartford Conn
J B Kimbell Atlanta Attorney 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 333571 84
2 Loans on bond and mortgage duly recorded and being
first liens on the fee simple 655350 00
4 Value of lands mortgaged exclusive of
buildings and perishable improvements 701470 00
5 Value of buildings mortgaged insured for
70605000 as collateral 1166050 00
6 Total value of said mortgaged premises
carried inside 1867520 00
9 Total par and market value of stocks and bonds owned ab
solutely by the company carried out at market value 5428774 00
12 Cash in companys principal office 721 09
13 Cash belonging to the company deposited
in bank Charter Oak National Bank
32538127 State Bank 2529160 350672 87
Total cash items 351393 96
17 Cash in hands of agents and in course of transmission 535869 16
Total assets of the company actual cash market value 7304958 96
IIILIABILITIES
1 Losses not due and unpaid
2 Gross losses in process of adjustment or in suspense in
cluding all reported and supposed losses
3 Losses resisted including interest costs and other ex
penses thereon
4 Total gross amount of claims for losses
7 Gross premiums without any deduction
received and receivable upon all unex
pired fire risks running one year or less
from date of policy 313890304 un
earned premiums fifty per cent 1569451 52
84569 15
251226 68
21822 87
357618 70128 COMPTROLLERGENERALS REPORT
8 Gross premiums without any deduction
received and receivable upon all unex
pired fire risks running more than one
year from date of policy 365797869
unearned premiums pro rata 1913583 26
11 Total unearned premiums as computed above carried
out 3483034 78
19 All other demands against the company absolute and con
tingent due and to become due admitted and contested
viz Special reserve for contingencies 150000 00
20 Total amount of all liabilities except capital stock and
net surplus I 3990653 48
21 Joint stock capital actually paid up in cash 1000000 00
23 Surplus beyond capital and all other liabilities 2314305 48
24 Aggregate amount of all liabilities including capital paid
up and net surplus 7304958 96
IVINCOME DURING THE YEAR
Fire Risks
7 Entire premiums collected during the
year 6526518 36
8 Deduct reinsurance and return premiums 2130298 39
9 Net cash actually received for premiums carried out 4396219 97
10 Received for interest on bonds and mortgages 31441 05
11 Received for interests and dividends on stocks and bonds
collateral loans and from all other sources 213046 53
12 Income received from all other sources omitting increase
if any in value of securities viz Rents 16605 41
15 Aggregate amount of income actually received during the
year in cash 4657312 96
VEXPENDITURES DURING THE YEAR
Fire Risks
1 Gross amount actually paid for losses in
cluding 28088103 losses occurring in
previous years 2690889 96
2 Deduct all amounts actually received for
salvages whether on losses of the last
or of previous year 1141405 and all
amounts actually received for reinsur
ance in other companies 63885497 to
tal deductions 650269 02
3 Net amount paid during the year for losses 2040620 94
4 Cash dividends actually paid stockholders amount of
stockholders dividends declared during the year 120000 00COMPTROLLERGENERALS REPORT 129
6 Paid for commissions or brokerage 830217 21
7 Paid for salaries fees and other charges of officers clerks
agents and all other employees 327321 53
8 Paid for State national and local taxes in this and other
States 160672 20
9 All other payments and expenditures viz Repairs and
expenses on real estate 766458 agents balances
charged to profit and loss 398097 advertising field
work and incidental expenses 14412067 office furni
ture books and stationery 3634618 traveling ad
justments and miscellaneous 12848420 loss on sale
or maturity of assets 6494715 total 385543 75
Aggregate amount of actual expenditures during the
year in cash 3864375 63
Business in the State of Georgia during the year
Fire risks written 3939927 00
Premiums received gross 41570 39
Losses paid 8153 16
Losses incurred 8948 49
NATIONAL UNION FIRE INSURANCE COMPANY OF PITTSBURG PA
Jas H Willock President E E Cole Secretary
Principal Office 401 Wood Street
F C Robinson Atlanta Attorney for Service in Georgia
ICAPITAL
1 Whole amount of capital stock 1000000 00
2 Amount paid up in cash 750000 00
IIASSETS
2 Loans on bond and mortgage duly recorded and being
first liens on the fee simple 399622 00
3 Interest due on all said bond and mortgage loans 7500
interest accrued thereon 678484 total 6859 84
4 Value of lands mortgaged exclusive of
buildings and perishable improvements 656180 00
5 Value of buildings mortgaged insured for
33505000 as collateral 389960 00
6 Total value of said mortgaged premises
carried inside I 1046140 00
9 Total par and market value of stocks and bonds owned ab
solutely by the company carried out at market value 1250450 00
11 Total amount loaned on stocks bonds and all other se
curities except mortgages 50000 00
i130
COMPTROLLERGENERALS REPORT
12 Cash in companys principal office 10783 65
13 Cash belonging to the company deposited
in bank Mellon National Bank Pitts
burg Pa 7663396 Second National
Bank Pittsburg Pa 7351009 Com
monwealth Trust Company Pittsburg
Pa 1000000 Wilkinsburgh R E
Trust Company Pittsburg Pa 10000
Colonial Trust Company Chicago 111
1136398 total 181508 03
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
192291 68
1630 00
207367 94
Total assets of the company actual cash market value 2108221 46
3
IIILIABILITIES
Losses unpaid not due
Gross losses in process of adjustment or
in suspense including all reported and
supposed losses
Losses resisted including interest costs
and other expenses thereon
11321 68
85306 63
11914 52
4 Total gross amount of claims for losses
5 Deduct reinsurance thereon
108542 83
24612 82
6 Net amount of unpaid losses
7 Gross premiums without any deduction
received and receivable upon all unex
pired fire risks running one year or less
from date of policy 80006710 un
earned premiums fifty per cent
8 Gross premiums without any deduction
received and receivable upon all unex
pired fire risks running more than one
year from date of policy 84339803
unearned premiums pro rata
83930 01
400033 55
513858 75
11 Total unearned premiums as computed above carried
out
913892 30
20 Total amount of all liabilities except capital stock and
net surplus 31
21 Joint stock capital actually paid up in cash 750000 00
Surplus beyond capital and all other liabilities 360399 15
2
24 Aggregate amount of all liabilities including capital paid
up and net surplus
2108221 46COMPTROLLERGENERALS REPORT
131
IVINCOME DURING THE TEAE
Fire Risks
1 Gross premiums and bill in course of col
lection at close of last previous year as
shown by that years statement 248 92
3 Net collected 248 92
4 Gross premiums on risks written and re
newed during the year 1759022 15
5 Total 1759271 07
6 Deduct premiums and bills in course of
collection at this date 1003 03
7 Entire premiums collected during the
year 1758268 04
8 Deduct reinsurance and return premiums 584261 28
9 Net cash actually received for premiums carried out 1174006 76
10 Received for interest on bonds and mortgages 19587 39
11 Received for interests and dividends on stocks and bonds
collateral loans and from all other sources 60666 02
13 Bad accounts collected etc 764 31
15 Aggregate amount of income actually received during the
year in cash 1255024 48
VEXPENDITURES DURING THE YEAR
Fire Risks
Gross amount actually paid for losses in
cluding 7803557 losses occurring in
previous years 610514 76
Deduct all amounts actually received for
salvages whether on losses of the last
or of previous year 537392 and all
amounts actually received for reinsur
ance in other companies 11479366 to
tal deductions 120167 58
3 Net amount paid during the year for losses 490347 18
6 Paid for commissions or brokerage 262578 14
7 Paid for salaries fees and other charges of officers clerks
agents and all other employees 100477 70
8 Paid for State national and local taxes in this and other
States 55822 51
9 All other payments and expenditures viz Rent print
ing and stationery home office general expenses furni
ture and fixtures advertising insurance maps etc 69500 16
Aggregate amount of actual expenditures during the
year in cash
978725 69132
COMPTROLLERGENERALS REPORT
Business in the State of Georgia during the year
Fire risks written 1584150 00
Premiums received gross 21311 71
Losses paid 2295 26
Losses incurred 2300 26
NEW HAMPSHIRE FIRE INSURANCE COMPANY OF MANCHESTER
NEW HAMPSHIRE
Frank W Sargeant President Lewis W Crockett Secretary
O F Simpson Atlanta Attorney 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 159752 91
2 Loans on bond and mortgage duly recorded and being
first liens on the fee simple 344400 00
3 Interest accrued on all said bond and mortgage loans 4589 00
4 Value of lands mortgaged exclusive of
buildings and perishable improvements 301250 00
5 Value of buildings mortgaged insured for
35560400 as collateral 529850 00
6 Total yalue of said mortgaged premises
carried inside 831100 00
9 Total par and market value of stocks and bonds owned ab
solutely by the company carried out at market value 3053035 00
11 Total amount loaned on stocks bonds and all other se
curities except mortgages 75000 00
12 Cash in companys principal office 731 75
13 Cash belonging to the company deposited
in bank 204539 89
Total cash items 205271 64
15 Interest due and accrued on stocks not included in mar
ket value uncollected 10934 19
16 Interest due and accrued on collateral loans and uncol
lected and mortgage loans 5291 95
17 Cash in hands of agents and in course of transmission 193487 74
All other assets both real and personal viz Due from
other companies for reinsurance on losses already paid
546724 cash in hands of treasurer N Y N H H
R R for new stock purchased certificate not delivered
1650000 21967 24
Total assets of the company actual cash market value 4069140 67COMPTROLLERGENERALS REPORT
133
IIILI ABILITIE S
1 Losses unpaid not yet due 117473 59
2 Gross losses in process of adjustment or
in suspense including all reported and
supposed losses 105054 00
3 Losses resisted including interest costs
and other expenses thereon 15643 00
4 Total gross amount of claims for losses 238170 59
5 Deduct reinsurance thereon 39862 17
6 Net amount of unpaid losses 198308 42
7 Gross premiums without any deductions
received and receivable upon all unex
pired fire risks running one year or less
from date of policy 118287026 un
earned premiums fifty per cent 591435 13
8 Gross premiums without any deduction
received and receivable upon all unex
pired fire risks running more than one
year from date of policy 172214899
unearned premiums pro rata 910263 22
11 Total unearned premiums as computed above carried
out 1501698 35
17 Due and accrued for agency and other miscellaneous ex
penses return premiums and reinsurance premiums 46866 84
19 All other demands against the company absolute and con
tingent due and to become due admitted and contested
viz Contingent reserve fund 5000000 sinking fund
for office building 2000000 70000 00
20 Total amount of all liabilities except capital stock and
net surplus 1816873 61
21 Joint stock capital actually paid up in cash 1000000 00
23 Surplus beyond capital and all other liabilities 1252267 06
24 Aggregate amount of all liabilities including capital paid
up and net surplus 4069140 67
IVINCOME DURING THE YEAR
Fire Risk
1 Gross premiums and bills in course of col
lection at close of last previous year as
shown by that years statement 255614 04
3 Net collected 255614 04
4 Gross premiums on risks written and re
newed during the year 2087832 33
5 Total 2343446 37134
COMPTROLLERGENERALS REPORT
6 Deduct premiums and bills in course of
collection at this date
270171 95
7 Entire premiums collected during the
year 2073274 42
8 Deduct reinsurance and return premiums 348087 20
9 Net cash actually received for premiums carried out 1725187 22
10 Received for interest on bonds and mortgages 17349 29
11 Received for interests and dividends on stocks and bonds
collateral loans and from all other sources 112358 22
12 Income received from all other sources omitting increase
if any in value of securities viz Rents 1647975
loss and gain account 290244 19382 19
15 Aggregate amount of income actually received during the
the year in cash 1874276 92
VEXPENDITURES DURING THE YEAB
Fire isk
1 Gross amount actually paid for losses in
cluding 2422360 losses occurring in
previous years 1049146 26
2 Deduct all amounts actually received for
salvages whether on losses of the last
or of previous years 554598 and all
amounts actually received for reinsur
ance in other companies 17012789 to
tal deductions 175673 87
3 Net amount paid during the year for losses 873472 39
4 Cash dividends actually paid stockholders amount of
stockholders dividends declared during the year 100000 00
6 Paid for commissions or brokerage 421948 48
7 Paid for salaries fees and other charges of officers clerks
agents and all other employees 76301 99
8 Paid for State national and local taxes in this and other
States 48022 19
9 All other payments and expenditures 11599477 loss
and gain account 1950883 135503 60
Aggregate amount of actual expenditures during the
year in cash 1655248 65
Business in the State of Georgia during the year
Fire risks written 2176295 00
Premiums received gross 38704 98
Losses paid 35924 07
Losses incurred 40439 07COMPTROLLERGENERALS REPORT
135
NIAGARA FIRE INSURANCE COMPANY OF NEW YORK N Y
Harold Herrick President Georoe W Dewet Secretary
Principal Office 4648 Cedar Street New York
Cliff C Hatcher Atlanta Attorney for Service in Georgia
ICAPITAL
1 Whole amount of capital stock 500000 00
2 Amount paid up in cask 500000 00
IIASSETS
2 Loans on bond and mortgage duly recorded and being
first liens on the fee simple 240000 00
3 Interest due and accrued on all said bond and mortgage
loans 4108 33
4 Value of lands mortgaged exclusive of
buildings and perishable improvements 181000 00
5 Value of buildings mortgaged insured for
16550000 as collateral 193000 00
6 Total value of said mortgaged premises
carried inside 374000 00
9 Total par and market value of stocks and bonds owned ab
solutely by the company carried out at market value 4027250 00
12 Cash in companys principal office 403 42
13 Cash belonging to the company deposited
in bank Bank of Manhattan Co 68720 83
Total cash items 69124 25
15 Interest due and accrued on stocks not included in mar
ket value uncollected 19769 94
17 Cash in hands of agents and in course of transmission 470752 18
Total assets of the company actual cash market value 4831004 70
IIILIABILITIES
1 Losses due and unpaid 15854 79
2 Gross losses in process of adjustment or
in suspense including all reported and
supposed losses 205266 44
3 Losses resisted including interest costs
and other expenses thereon 30093 60
4 Total gross amount of claims for losses 251214 83
5 Deduct reinsurance thereon 39592 70
6 Net amount of unpaid losses 211622 13136
COMPTROLLERGENERALS REPORT
7 Gross premiums without any deduction
received and receivable upon all unex
pired fire risks running one year or less
from date of policy 192514191 un
earned premiums fifty per cent 962570 95
S Gross premiums without any deduction
received and receivable upon all unex
pired fire risks running more than one
year from date of policy 230498175
unearned premiums pro rata 1247577 84
11 Total unearned premiums as computed above carried
out
16 Cash dividends to stockholders remaining unpaid
19 All other demands against the company absolute and con
tingent due and to become due admitted and contested
20 Total amount of all liabilities except capital stock and
net surplus 2520549 51
21 Joint stock capital actually paid up in cash 500000 05
23 Surplus beyond capital and all other liabilities 1810455 19
2210148 79
60 00
98718 59
24 Aggregate amount of all liabilities including capital paid
up and net surplus
IVINCOME DURING THE YEAR
Fir Risk
1 Gross premiums and bills in course of col
lection at close of last previous year as
shown by that years statement 461018 48
4831004 70
3 Net collected 461018 48
4 Gross premiums on risks written and re
newed during the year 3582555 07
5 Total 4043573 55
6 Deduct premiums and bills in course of
collection at this date 510234 85
7 Entire premiums collected during the
year 3533338 70
8 Deduct reinsurance and return premiums 872575 97
9 Net cash actually received for premiums carried out 2660762 73
10 Received for interest on bonds and mortgages 20361 54
11 Received for interests and dividends on stocks and bonds
collateral loans and from all other sources 137334 72
12 Income received from all other sources omitting increase
if any in value of securities viz Profit and loss on se
curities 2577495 discounts 380568 total 29580 63
15 Aggregate amount of income actually received during the
year in cash 2848039 62COMPTROLLERGENERALS REPORT
137
VEXPENDITURES DURING THE YEAR
Fire Risk
1 Gross amount actually paid for losses in
cluding 19212442 losses occurring in
previous years 1435354 55
2 Deduct all amounts actually received for
salvages whether on losses of the last
or of previous year 678998 and all
amounts actually received for reinsur
ance in other companies 13123273 to
tal deductions 138022 71
3 Net amount paid during the year for losses 1297331 84
4 Cash dividends actually paid stockholders amount of
stockholders dividends declared during the year 100
00000 99940 00
6 Paid for commissions or brokerage 538909 30
7 Paid for salaries fees and other charges of officers clerks
agents and all other employees 225205 87
8 Paid for State national and local taxes in this and other
States 102607 31
9 All other payments and expenditures 176101 31
Aggregate amount of actual expenditures during the
year in cash 2440095 63
Business in the State of Georgia during the year
Fire risks written 1433643 00
Premiums received gross 21252 62
Losses paid 16206 08
Losses incurred 16557 21
INSURANCE COMPANY OF NORTH AMERICA PHILADELPHIA PA
Charles Platt President Greville E Fryer Secretary
Principal Office 232 Walnut Street Philadelphia Pa
Edward S Gay Atlanta Attorney for Service in Georgia
ICAPITAL STOCK
1 Amount of capital paid up
in cash 3000000 00
Amount of ledger assets as per balance
December 31 of previous year 11587962 67
Extended at11587962 67138
COMPTROLLERGENERALS REPORT
IIINCOME
Fire Marine and Inland
1 Gross premiums 6745052 84 2248886 85
2 Deduct reinsurance rebate
abatement and return
premiums 1443484 69 383874 04
Total premiums other
than perpetualsf 5301568 15 1865012 81
Deposit premiums written on perpetual risks gross
Interest on mortgage loans
Interest on collateral loans
Interest on bonds and dividends on stocks
Interest from all other sources
Gross rents from companys property in
cluding 1000000 for companys own
occupancy
37187 24
2866 86
364033 53
23596 87
30492 89
10 Total interest and rents
11 Profit on sale or maturity of ledger assets
12 From all other sources Perpetual permits transfer fees
and earned deposits 185359 dividends from bad
debts previously charged off etc 103185
7166580
19669
96
50
458177 39
34795 00
2885 44
13 Total income 7682108 29
iil
1 Gross amount paid for
losses
2 Deduct amount received
for salvage 34754157
and for reinsurance in
other companies 466
27704
DISBURSEMENTS
Fire Marine and Inland
2959017 20 1682108 01
345739 31
468079 30
3 Net amount paid for losses 2613277 89 1214028 71 3827306 60
4 Deposit premiums returned 16999 91
5 Paid stockholders for interest or dividends amount de
clared during the year 36000000 360076 20
8 Commissions or brokerage 1480806 74
9 Salaries fees and all other charges of officers clerks
agents and other employees 447939 35
10 Rents including 1000000 for companys own occupancy 30588 50
11 Repairs and expenses other than taxes on real estate 8700 42
12 Taxes on real estate 6476 58
13 All other taxes licenses and insurance department fees 167753 77
14 Loss on sale or maturity of ledger assets 5681 64COMPTROLLERGENERALS REPORT
139
15 All other disbursements Advertising printing and sta
tionery 14905744 legal expenses 821222 miscella
neous 22898356 reduction in book value of sundry
investments 4906943 bad debts charged off 5584
55 total
340907 20
16 Total disbursements
IVLEDGEB ASSETS
1 Book value of real estate unincumbered
2 Mortgage loans on real estate first liens 62708839
other than first 40000
3 Loans secured by pledge of bonds stocks or other col
laterals
4 Book value of bonds excluding interest 845894685
and stocks 44370000
5 Cash in companys office 348614 deposited in bank
118691728
6 Agents balances representing business written subse
quent to October 1 1905
7 Agents balances representing business written prior to
October 1 1905
8 Bills receivable not matured taken for marine and in
land risks
10 Other ledger assets viz Book accounts due company
11 Total ledger assets
NONLEDGER ASSETS
12 Interest due 103970 and accrued 429025 on mort
gages
19 Market value of bonds and stocks over book value
20 Other nonledger assets viz Reinsurance claims on
losses paid marine
21 Gross assets
DEDUCT ASSETS NOT ADMITTED
22 Companys loans on stock I000 00
25 Agents balances representing business
written prior to October 1 1905 20613 77
27 Loans on personal security endorsed or
310 00
not
29 Total
30 Total admitted assets
6693236 91
466100 00
627488 39
244000 00
8902646 85
1190403 42
1095895 44
20613 77
29175 59
510 59
12576834 05
5329 95
424901 08
8786 66
13015851 74
21923 77
12993927 97
140
COMPTROLLERGENERALS REPORT
VLIABILITIES
1 Gross losses adjusted and
unpaid due and to be
come due
2 Gross claims for losses in
process of adjustment or
in suspense including all
reported and supposed
losses
3 Gross claims for losses re
sisted
4 Total
5 Deduct reinsurance due or
accrued 5351500 and
salvage claims 4760000
6
Fire Marine and Inland
118769 40
291490 60 460500 00
37255 00
447515 00 460500 00
53515 00
47600 00
Net amount of unpaid
losses and claims 394000 00 412900 00 806900 00
Gross premiums less reinsurance re
ceived and receivable upon all unex
pired fire risks running one year or less
from date of policy 351169284 un
earned premiums fifty per cent 1755846 42
Gross premiums received and receivable
upon all unexpired fire risks running
more than one year from date of policy
501852811 unearned premiums pro
rata 2622827 57
Gross premiums cash and bills re
ceived and receivable upon all unex
pired inland navigation and marine
risks unearned premiums 100 per
cent 374650 85
12 Total unearned premiums as computed above 4753324 84
13 Amount reclaimable by the insured on perpetual fire in
surance policies being 90 and 95 per cent of the premi
um or deposit received 759655 38
18 Cash dividends remaining unpaid to stockholders 30 00
19 Salaries rents expenses taxes bills accounts fees etc
due or accrued 320 11
20 Commissions brokerage and other charges due or to be
come due to agents and brokers 55000 00
21 Reinsurance premiums 13890 84
24 Total amount of all liabilities except capital
25 Capital actually paid up in cash 3000000 00
26 Surplus over all liabilities 3604806 80
6389121 17COMPTROLLERGENERALS REPORT
27 Surplus as regards policyholders
141
66048
28 Total liabilities 12993927 97
Business in the State of Georgia during the year
Risks written
Premiums received
Losses paid
Losses incurred
Fire 5892742 00 Marine and Inland 28574607 00 Aggregate 34467349 00
120869 17 113383 46 234252 63
59672 31 49370 79 109043 10
57713 74 48870 79 106584 53
U S BRANCH OF THE NORTH BRITISH AND MERCANTILE FIRE IN
SURANCE COMPANY OF LONDON AND EDINBURGH
E G Richabds U S Manager J F Hastings Assistant Manager
Principal United States Office 76 William Street New York
Jacob Haas Atlanta Attorney for Service in Georgia
1CAPITAL
1 Whole amount of capital stock authorized 15000000 00
2 Amount paid up in cash home office 3437500 00
ilASSETS
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 1068 54
13 Cash belonging to the company deposited
in bank J P Morgan Co New York
17751473 Merchants Natl Bank
New York 2000000 cash in hands of
trustees 176115 total 199275 88
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 Due from
other companies for reinsurance on losses already
paid 59813 Milwaukee Und Bldg Assn 18100
Philadelphia Und Assn 10000 Underwriters Sal
vage Co 100000 total
Total assets of the company actual cash market value
5690624 00
200344 42
62272 89
722785 33
1879 13
6677905 77142
COMPTROLLERGENERALS REPORT
IIILIABILITIES
1 Losses due and unpaid 172054 91
2 Gross losses in process of adjustment or
in suspense including all reported and
supposed losses 217477 08
3 Losses resisted including interest costs
and other expenses thereon 40988 73
4 Total gross amount of claims for losses 430520 72
5 Deduct reinsurance thereon 93907 66
6 Net amount of unpaid losses 336613 06
7 Gross premiums without any deduction
received and receivable upon all unex
pired fire risks running one year or less
from date of policy 280159487 un
earned premiums fifty per cent 1400797 44
8 Gross premiums without any deduction
received and receivable upon all unex
pired fire risks running more than one
year from date of policy 339607404
unearned premiums pro rata 1818118 20
95 per cent reclaimable on perpetual
risks in force received and receivable
on all unexpired marine risks 22383 06
11 Total unearned premiums as computed above carried
out 3241298 70
19 All other demands against the company absolute and con
tingent due and to become due admitted and con
tested 160462 78
20 Total amount of all liabilities except capital stock and
net surplus 3738374 54
23 Surplus beyond capital and all other liabilities 2939531 23
24 Aggregate amount of all liabilities including capital paid
up and net surplus 6677905 77
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
709181 02
3 Net collected 709181 02
4 Gross premiums on risks written and re
newed during the year 5249402 06t
COMPTROLLERGENERALS REPORT
5 Total 5958583 08
6 Deduct premiums and bills in course of
collection at this date 731766 57
7 Entire premiums collected during the
year 5226816 51
8 Deduct reinsurance and return premiums 1366588 46
9 Net cash actually received for premiums carried out 3
10 Received for interest on bonds and mortgages deposit
premiums received on perpetual risks 259950 less
returns 14200
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 4
VEXPENDITURES DURING THE YEAR
Fire Risk
1 Gross amount actually paid for losses in
cluding 30514420 losses occurring in
previous years 2239603 17
2 Deduct all amounts actually received for
salvages whether on losses of the last
or of previous year 1850468 and all
amounts actually received for reinsur
ance in other companies 33161008
total deductions 350114 76
3 Net amount paid during the year for losses 1
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 advt
stationery exchange postage telegraph express fur
niture maps Underwriters Association and incident
als
10 Amount sent to home office during the
825907 60
yearv
Aggregate amount of actual expenditures during the
year in cash
Business in the State of Georgia during the year
23
Fire risks written
Premiums received gross
Losses paid
Losses incurred
14s
860228 05
2457 50
209857 95
072543 50
889488 41
761173 45
281338 00
110699 39
185904 88
228604 13
074091 00
67026 75
23349 22
20593 52
144
COMPTROLLERGENERALS REPORT
NORTH GERMAN FIRE INSURANCE COMPANY OP NEW YORK N Y
Adolph Loeb President Louis L Loeb Secretary
Principal Office 2 Liberty Street
J T Dabgan Atlanta Attorney for Service in Georgia
1CAPITAL
1 Whole amount of capital stock
2 Amount paid up in cash
200000 00
200000 00
IIASSETS
2 Loans on bond and mortgage duly recorded and being
first liens on the fee simple
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 968 41
13 Cash belonging to the company deposited
in bank 42046 59
15
17
Total cash items
Interest due and accrued on bonds and mortgages
Cash in hands of agents and in course of transmission
All other assets both real and personal viz Certificate
of deposit payable on demand
48500 00
359588 75
43015 00
394S 72
116682 48
30000 00
Total assets of the company actual cash market value 601734 95
IIILIABILITIES
1 Losses unpaidnot yet due 1417 61
2 Gross losses in process of adjustment or
in suspense including all reported and
supposed losses 34903 84
3 Losses resisted including interest cost
and other expenses thereon liability de
nied 1494 02
4 Total gross amount of claims for losses 37815 47
5 Deduct reinsurance thereon 6494 95
6 Net amount of unpaid losses
7 Gross premiums without any deduction
received and receivable upon all unex
pired fire risks running one year or less
from date of policy 55192943 un
earned premiums fifty per cent 275964 71
31320 52COMPTROLLERGENERALS REPORT
145
8 Gross premiums without any deduction
received and receivable upon all unex
pired fire risks running more than one
year from date of policy 982797 un
earned premiums pro rata 6243 91
11 Total unearned premiums as computed above carried
out
20 Total amount of all liabilities except capital stock and
net surplus
21 Joint stock capital actually paid up in cash
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
Fire Kisk
4 Gross premiums on risks written and re
newed during the year 878099 83
8 Deduct reinsurance and return premiums 423737 15
9 Net cash actually received for premiums carried out
11 Received for interests and dividends on stocks and bonds
and from all other sources
15 Aggregate amount of income actually received during the
year in cash
282208 62
313529 14
200000 00
200000 00
88205 81
601734 95
454362 68
12397 34
466760 02
VEXPENDITURES DURING THE YEAR
1 Gross amount actually paid for losses in
cluding 6122327 losses occurring in
previous years 381687 09
2 Deduct all amounts actually received for
salvages whether on losses of the last
or of previous year 139515 and all
amounts actually received for reinsur
ance in other companies 14073104
total deductions 142126 17
3 Net amount paid during the year for losses 239560 92
4 Cash dividends actually paid stockholders amount of
stockholders dividends declared during the year 12000 00
6 Paid for commissions or brokerage 89897 72
7 Paid for salaries fees and other charges of officers
clerks agents and all other employees 4279 39
8 Paid for State national and local taxes in this and other
States 11475 50
10 in146 COMPTROLLERGENERALS REPORT
9 All other payments and expenditures viz Printing and
stationery 89517 rent 139453 adv and subs 1
05150 pos tel and exp 31175 maps 98700 travel
exp 103352 bd and fire patrol 623466 total 12578 23
Aggregate amount of actual expenditures during the
year in cash 36979176
Business in the State of Georgia during the year
Fire Ri s
Losses paid 7523 73
Losses incurred 5927 49
NORTH RIVER FIRE INSURANCE COMPANY OF NEW YORK N Y
William E Hutchins President Frederick H Chum Secretary
Principal Office 9397 William Street
Jacob Haas Atlanta Attorney for Service in Georgia
1CAriTAI
1 Whole amount of capital stock 350000 00
2 Amount paid up in cash 350000 00
IIASSETS
1 Market value of rear estate owned by the company less
the amount of incumbrances thereon 473930 63
2 Loans on bond and mortgage duly recorded and being
first liens on the fee simple 154900 00
3 Interest due on all said bond and mortgage loans 37500
interest accrued thereon 191645 total 2291 45
4 Value of lands mortgaged exclusive of
buildings and perishable improvements 224400 00
5 Value of buildings mortgaged insured
for 12747500 as collateral 127475 00
6 Total value of said mortgaged premises
carried inside 351875 00
7 Amount of other loans 9000 00
9 Total par and market value of stocks and bonds owned ab
solutely by the company carried out at market value 638781 25
11 Total amount loaned on stocks and bonds and all other
securities except mortgages 9000 00
13 Cash belonging to the company deposited in bank Wash
ington Trust Co 720129 United States Mortgage
Trust Co 2000000 Title Guarantee Trust Co 25
00000 Kings County Trust Co 2000000 Merchants
Exchange National Bank 11496971 total 187171 00COMPTROLLERGENERALS REPORT
147
15 Interest due and accrued on stocks not included in mar
ket value uncollected
16 Interest due and accrued on collateral loans and uncol
lected
17 Cash in hands of agents and in course of transmission
All other assets both real and personal as per schedule
attached viz Rents due and accrued 305066 due
from other companies for reinsurance on losses already
paid 197218 total
2382 90
120 00
385236 55
5022 84
Total assets of the company actual cash market value 1858836 62
IIILIABILITIES
1 Losses due and unpaid 16496 49
2 Gross losses in process of adjustment or
in suspense including all reported and
supposed losses 79720 89
3 Losses resisted including interest costs
and other expenses thereon 8975 00
4 Total gross amount of claims for losses 105192 38
5 Deduct reinsurance thereon 23618 25
6 Net amount of unpaid losses
7 Gross premiums without any deduction
received and receivable upon all unex
pired Are risks running one year or less
from date of policy 97180870 un
earned premiums fifty per cent 474051 88
8 Gross premiums without any deduction
received and receivable upon all unex
pired fire risks running more than one
year from date of policy 57730535
unearned premiums pro rata 346478 77
11 Total unearned premiums as computed above carried
out
15 Dividends declared and remaining unpaid or uncalled for
19 All other demands against the company absolute and con
tingent due and to become due admitted and contested
viz Commissions on unpaid premiums 9026934
return premiums 1285264 reinsurance 4023306
81574 13
820530 65
447825
143355 04
20 Total amount of all liabilities except capital stock and
net surplus 1049938 07
21 Joint stock capital actually paid up in cash 350000 00
23 Surplus beyond capital and all other liabilities 458898 55
24 Aggregate amount of all liabilities including capital paid
up and net surplus 1858836 62
148
COMPTROLLERGENERALS REPORT
IVINCOME DURING THE YEAR
Fire
1 Gross premiums and bills in course of col
lection at close of last previous year as
shown by that years statement 238734 64
2 Deduct amount of same not collected 11438 50
3 Net collected 227296 14
4 Gross premiums on risks written and re
newed during the year 2005095 51
5 Total 223239165
6 Deduct premiums and bills in course of
collection at this date 385236 55
7 Entire premiums collected during the
year 1847155 10
8 Deduct reinsurance and return premiums 592514 83
9 Net cash actually received for premiums carried out 1254640 27
10 Received for interest on bonds and mortgages 5173 51
11 Received for interests and dividends on stocks and bonds
collateral loans and from all other sources 24418 78
12 Income received from all other sources omitting increase
if any in value of securities viz Rents 3768277
total 49519 78
15 Aggregate amount of income actually received during the
year in cash 1333752 34
VEXPENDITURES DURING THE YEAR
Fire Risks
1 Gross amount actually paid for losses in
cluding 6356401 losses occurring in
previous years 649419 58
2 Deduct all amounts actually received for
salvages whether on losses of the last
or of previous year 860782 and all
amounts actually received for reinsur
ance in other companies 11786861 to
tal deductions 126476 43
3 Net amount paid during the year for losses 522943 15
4 Cash dividends actually paid stockholders amount of
stockholders dividends declared during the year 31
50000 32212 75
6 Paid for commissions or brokerage 384530 27
7 Paid for salaries fees and other charges of officers clerks
agents and all other employees 104930 89
8 Paid for State national and local taxes in this and other
States 30254 70
9 All other payments and expenditures 73854 78
Aggregate amount of actual expenditures during the
year in cash 1148726 54COMPTROLLERGENERALS REPORT 149
Business in the State of Georgia during the year
Fire risks written 1195207 00
Premiums received gross 24218 19
Losses paid 3647 52
Losses incurred 11222 60
UNITED STATES BRANCH OF THE NORTHERN ASSURANCE
COMPANY
H E Wilson General Manager
Principal Offices in the United States 38 Pine Street New York
642 Monadnock Block Chicago
ICAPITAL STOCK
Amount of capital paid up
in cash 1500000 00
Statutory deposit 200000 00
Amount of ledger assets as per balance
December 31 of previous year
4043922 69
Extended at 4043922 69
IIINCOME
Fire Risks
1 Gross premiums 3713102 29
2 Deduct reinsurance rebate abatement
and return premiums 1275655 61
Total premiums other than perpetuals 2437446 68
Interest on bonds and dividends on stocks 116252 50
Interest from all other sources 1473 27
Gross rents from companys property in
cluding 700000 for companys own oc
cupancy 7000 00
10 Total interest and rents
12 From all other sources Received from head office during
the year
124725 77
1067 72
13 Total income
2563240 17
IIIDISBTJBSEMENTS
1 Gross amount paid for losses including
18605439 occurring in previous years
2 Deduct amount received for salvage 15
98383 and for reinsurance in other
companies 27528565
Fire Risks
1457249 99
291269 48
Net
amount paid for losses 1165980 51150 COMPTROLLERGENERALS REPORT
8 Commissions or brokerage 539755 10
9 Salaries fees and all other charges of officers clerks
agents and other employees 153493 88
10 Rents including 700000 for companys own occupancy 16603 36
11 Repairs and expenses other than taxes on real estate 429 83
12 Taxes on real estate 2497 55
13 All other taxes licenses and insurance department fees 76631 22
15 All other disbursements Advertising printing and sta
tionery 2430181 legal expenses 68900 miscella
neous 18390044 208891 25
Remitted to head office during the year 578495 95
16 Total disbursements 2742778 65
IVLEDGEK ASSETS
1 Book value of real estate unincumbered 115000 00
4 Book value of bonds excluding interest 282427566 and
stocks 29426590 3118541 56
5 Cash in companys offices 14371 deposited in banks
17015328 170296 99
6 Agents balances representing business written subse
quent to October 1 1905 391117 37
7 Agents balances representing business written prior to
October 1 1905 38725 79
9 Bills receivable taken for fire risks 30702 50
11 Total ledger assets 3864384 21
NONLEDGEB ASSETS
13 Interest due 100000 and accrued 767472 on bonds
and stocks S67 72
18 Market value of real estate over book value 50000 00
21 Gross assets 3923058 93
DEDUCT ASSETS NOT ADMITTED
4 Agents balances representing business
written prior to October 1 1905 38725 79
5 Bills receivable past due taken for fire
risks 30702 50
7 Depreciation from book value of ledger
assets to bring same to market value 38659 06
8 Total 108087 35
9 Total admitted assets 3814971 58COMPTROLLERGENERALS REPORT
151
VLIABILITIES
1 Gross losses adjusted and unpaid not yet
due
2 Gross claims for losses in process of ad
justment or in suspense including all
reported and supposed losses
3 Gross claims for losses resisted
24584 74
146439 85
40110 73
4 Total 211135 32
5 Deduct reinsurance due or accrued 3176 64
6 Net amount of unpaid losses and claims 207958 68
7 Gross premiums less reinsurance re
ceived and receivable upon all unex
pired fire risks running one year or
less from date of policy including inter
est premiums on perpetual fire risks 2
09625387 unearned premiums fifty
per cent 1048126 93
8 Gross premiums less reinsurance re
ceived and receivable upon all unexpired
fire risks running more than one year
from date of policy 207287821 un
earned premiums pro rata 1146695 43
12 Total unearned premiums as computed above 2194822 36
19 Salaries rents expenses taxes bills accounts fees etc
due or accrued 5
21 Return premiums 2984805 reinsurance premiums 6
65195
36500 00
24 Total amount of all liabilities except statutory deposit
andcapital 2442212 49
25 Statutory deposit 200000 00
27 Surplus over all liabilities 1172759 09
28 Surplus as regards policyholders 1372759 09
29 Total liabilities 3814971 58
Business in the State of Georgia during the year
Risks written fireI 4621056 00
Gross premiums received excluding only 902184 of cancel
lation and 189318 premiums on risks reinsured 45663 12
29921 66
Lossespaid
Losses incurred
152
COMPTROLLERGENERALS REPORT
UNITED STATES BRANCH OF THE NORWICH UNION FIRE INSUR
ANCE SOCIETY OF ENGLAND
J Montgomery Habe Manager for the United States
Principal Office 56 and 58 Pine Street New York N Y
ICAPITAL STOCK
1 Amount of capital paid up
in cash 660000 00
Amount of ledger assets as per balance
December 31 of previous year 2638045 41
Extended at 2638045 41
IIINCOME
1 Gross premiums 2736230 96
2 Deduct reinsurance rebate abatement
and return premiums 632283 04
3 Total premiums other than perpetuals 2103947 92
5 Interest on mortgage loans 1800 00
7 Interest on bonds and dividends on stocks 81473 55
10 Total interest and rents
11 Profit on sale or maturity of ledger assets appreciation in
value of stocks and bonds sold
83273 55
5050 25
13 Total income 2192271 72
IIIDISBURSEMENTS
Fire Risk
1 Gross amount paid for losses including
16477845 occurring in previous years 1278099 31
2 Deduct amount received for salvage 13
19917 and for reinsurance in other
companies 13383398 147033 15
3 Net amount paid for losses 1131066 16
8 Commissions or brokerage 427549 89
9 Salaries fees and all other charges of officers clerks
agents and other employees 153800 91
10 Rents 17511 48
13 All other taxes licenses and insurance department fees 62528 11
15 All other disbursements Advertising and stationery
2085109 maps furniture and fixtures 2378854
miscellaneous 6905493 cash remitted to home office
27435614 388050 70
16 Total disbursements 2180507 25COMPTROLLERGENERALS REPORT
153
IVLEDGER ASSETS
2 Mortgage loans on real estate first liens 40000 00
4 Book value of bonds excluding interest 141135550
and stocks 59554633 2006901 83
5 Cash in companys office 211166 deposited in banks
34534218 347453 84
6 Agents balances representing business written subse
quent to October 1 1905 246773 33
7 Agents balances representing business written prior to
October 1 1905 7160 60
10 Other ledger assets viz Cash in hands of special agents 1520 28
11 Total ledger assets
NONLEDGEB ASSETS
12 Interest due and accrued on mortgages 150 00
13 Interest due and accrued on bonds and
stocks 22000 14
2649809
17
19
20
Total 22150 14
Market value not including interest in item 13 of bonds
and stocks over book value 93080 17
Other nonledger assets viz Reinsurance due but uncol
lected on losses paid viz Assurance Company of
America N Y 1645 Empire City N Y 32705
Indemnity N Y 17673 Northern Assurance Eng
land 826 New York Fire N Y 23265 Nassau
N Y 095 Phenix N Y 23266 Prussian National
Germany 1542 Peter Cooper N Y 095 United
States N Y 233 North River N Y 52909 1542 54
21 Gross
assets 2766582 73
DEDUCT ASSETS NOT ADMITTED
25 Agents balances representing business written prior to
October 1 1905
7160 60
30 Total admitted assets 2759422 13
VLIABILITIES
1 Gross losses adjusted and unpaid not yet
due 43453 35
2 Gross claims for losses in process of ad
justment or in suspense including all
reported and supposed losses 74024 65
3 Gross claims for losses resisted 15085 40
4 Total 132563 40
5 Deduct reinsurance due or accrued 17346 33
6 Net amount of unpaid losses and claims 115217 07154 COMPTROLLERGENERALS REPORT
7 Gross premiums less reinsurance re
ceived and receivable upon all unex
pired fire risks running one year or less
from date of policy including interest
premiums on perpetual fire risks 1
52817484 unearned premiums fifty
per cent 764087 43
8 Gross premiums less reinsurance re
ceived and receivable upon all unex
pired fire risks running more than one
year from date of policy 178576939
unearned premiums pro rata 956584 42
12 Total unearned premiums as computed above 1720671 85
19 Salaries rents expenses taxes bills accounts fees etc
due or accrued 23253 62
20 Commissions brokerage and other charges due or to be
come due to agents and brokers 8481 95
24 Total amount of all liabilities except capital 1867624 49
26 Surplus over all liabilities 891797 64
28 Total liabilities 2759422 13
Business in the State of Georgia during the year
Risks written fire 4655516 00
Premiums received 52797 10
Losses paid 14497 13
Losses incurred 14151 05
ORIENT FIRE INSURANCE COMPANY OF HARTFORD
Archibald G McIlwainr Jr President James Wypek Secretary
Principal Office 2022 Trinity Street Hartford Conn
Robert A Hancock Atlanta Attorney for Service in Georgia
iCAPITAL
1 Whole amount of capital stock 500 000 00
2 Amount paid up in cash 500000 00
IIassetb
1 Market value of real estate owned by the company less
the amount of iacumbrances thereon 134807 65
9 Total par and market value of stocks and bonds owned
absolutely by the company carried out at market value 1703106 85COMPTROLLERGENERALS REPORT
155
12
13
15
Cash in companys principal office 5460 82
Cash belonging to company deposited in
bank 366956 13
Total cash items
Interest due and accrued on bonds not included in
market value uncollected
16 Interest due and accrued on other assets
17 Cash in hands of agents and in course of transmission
18 Bills receivable not matured taken for Are marine and
inland risks
All other assets both real and personal viz Due from
other companies for reinsurance on losses already
paid 125929 due from other companies 8729
Total assets of the company actual cash market
value
372416 95
2653 10
333 33
176351 47
39 13
1346 58
2415014 96
IIILIABTLITIES
1 Losses due and unpaid
2 Gross losses in process of adjustment or
in suspense including all reported and
supposed losses
3 Losses resisted including interest costs
and other expenses thereon
4 Total gross amount of claims for losses
5 Deduct reinsurance thereon
21723 HO
76955 00
12285 00
U09ti3 00
24310 59
6 Net amount of unpaid losses
7 Gross premiums without any deduction
received and receivable upon all un
expired Are risks running one year
or less fromdate of policy 109942713
unearned premiums fifty per cent
8 Gross premiums without any deduction
received and receivable upon all unex
pired Are risks running more than one
year from date of policy 79074914
unearned premiums pro rata
11 Total unearned premiums as computed above carried
out
17 Due and accrued for salaries rent advertising and for
agency and other miscellaneons expenses
19 All other demands against the company absolute and
contingent due and to become due admitted and con
tested viz Return premiums 72791 reinsurance
769045 less commissions due 196415
600777 52
395374 57
8665 41
996152 09
3798 09
6454 20156
COMPTROLLERGENERALS REPORT
20 Total amount of all liabilities except capital stock
and net surplus 1093058 79
21 Joint stock capital actually paid up in cash 500000 00
23 Surplus beyond capital and all other liabilities 821958 17
1321958 17
24 Aggregate amount of all liabilities including capital
paid up and net surplus 2415014 96
IVINCOME DURINO THE YEAH
Fire Risks
1 Gross premiums and bills in course of col
lection at close of last previous year
as shown by that years statement 217411 70
3 Net collected 217411 70
4 Gross premiums on risks written and re
newed during the year 1614722 18
5 Total 1832133 88
fi Deduct premiums and bills in course of
collection at this date 233388 38
Entire premiums collected during the
year 1598745 50
Deduct reinsurance and return premiums 491001 29
11
15
Net cash actually received for premiums carried out
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
1107744 21
71292 87
1179037 08
EXPENDITURES DURING THE YEAH
1 Gross amount actually
paid for losses includ
ing 9689394 losses oc
curring in previous
years
2 Deduct all amounts actu
actually received for
salvages whether on
losses of the last or of
previous year J8
46673 and all amounts
actually received for re
insurance in other com
panies 1 1058596
total deductions
3 Net amount paid during
the year for losses
Fire Risks
653696 58
118920 53
Marine and
Inland Risks
277 60
132 16
534776 05
145 44
534921 49
COMPTROLLERGENERALS REPORT
157
4 Cash dividends actually paid stockholders amount of
stockholders dividends declared during the year 100000 00
6 Paid for commissions or brokerage 245037 26
7 Paid for salaries fees and other charges of officers
clerks agents and all other employees 59617 64
8 Paid for State national and local taxes in this and other
States 16 937 62
9 All other payments and expenditures viz Agents
licenses 782795 municipal licenses 440898 taxes
on franchises 5544 miscellaneous 5725612
rents 437200 total 73920 49
Aggregate amount of actual expenditures during the
year in cash 1030434 50
Business in the State of Georgia during the year
Fire risks written 2172507 00
Premiums received gross 26289 94
Losses paid 9381 39
Losses incurred 8206 39
PALATINE INSURANCE COMPANY LIMITED OF LONDON
ENGLAND
A H Whay Manager
Principal office in United States corner Pine and William Streets
New York City
John A Whitner Atlanta Attorney for Service in Georgia
nASSETS
9 Total par and market value of stocks and bonds owned
absolutelyby the company carried out at market value 1877250 00
12 Cash in companys principal officeI 4449 52
13 Cash belonging to the company deposited
in bank viz Morton Trust Company
N Y 10147542 American Exchange
National Bank N Y 6177664 Crocker
Woolworth National Bank San Fran
cisco 3689599 200148 05
Total cash items 204597 57
15 Interest due and accrued on bonds not included in mar
ket value uncollected 1940 84
17 Cash in hands of agents and in course of transmission 260812 65
All other assets both real and personal viz Due from
other companies for reinsurance on losses already
paid Commercial Union of London 107533 Com
mercial Union of New York 253340 3608 73
Total assets of the company actual cash market
value I 2348209 79158
COMPTROLLERGENERALS REPORT
IIILIABILITIES
1 Losses unpaid not yet due
2 Gross losses in process of adjustment or
in suspense including all reported and
supposed losses
3 Losses resisted including interest costs
and other expenses thereon
4 Total gross amount of claims for losses
5 Deduct reinsurance thereon
14529 00
105079 00
24558 00
144166 00
88600 00
Net amount of unpaid losses
Gross premiums without any deduction
received and receivable upon all unex
pired fire risks running one year or less
from date of policy 1078266 64 un
earned premiums fifty per cent
Gross premiums without any deduction
received and receivable upon all unex
pired fire risks running more than one
year from date of policy 100092156
unearned premiums pro rata
105566 00
539133 32
562105 39
11 Total unearned premiums as computed above car
ried out
17 Due and accrued for salaries rent advertising and for
agency and other miscellaneous expenses
19 All other demands against the company absolute and
contingent due and to become due admitted and con
tested viz Commissions 3263652 return premi
ums 701149 reinsurance 3539717
23 Surplus beyond capital and all other liabilities
24 Aggregate amount of all liabilities including capital
paid up and net surplus
IVINCOME DURING THE YEAK
Fire Risks
1 Gross premiums and bills in course of col
lection at close of last previous year as
shown by that years statement 273782 33
3 Net collected 273782 33
4 Gross premiums on risks written and re
newed during the year 2076693 37
1101238 71
2905 47
75045 18
1063454 43
2348209 79
5 Total 2350475 70
6 Deduct premiums and bills in course of
collection at this date y67821 16COMPTROLLERGENERALS REPORT
159
7 Entire premiums collected during the
year 2082654 54
8 Deduct reinsurance and return premiums 661326 29
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
EXPENDITURES DURING THE YEAR
Gross amount actually paid for losses 1
Deduct all amounts actually received for
salvages whether on losses of the last
or of previous year and all amounts
actually received for reinsurance in
other companies
Fire Risks
828954 80
164381 15
10
Net amount paid during the year for losses
Paid for commissions or brokerage
Paid for salaries fees and other charges of officers
clerks agents an all other employees
Paid tor State national and local taxes in this and
other States
All other payments and expenditures viz Rents travel
postage printing and stationery etc total
Amount sent to home offices during the
year 52939 27
Aggregate amount of actual expenditures during
the year in cash
1421328 25
56650 85
1477979 10
Business in the State of Georgia during the year
Fire risks written
Premiums received gross
Losses paid
Losses incurred
664573 65
308213 44
79212 64
4830 03
80283 56
1176113 32
2895031 00
J78i2 08
13949 41
14449 41
PENNSYLVANIA FIRE INSURANCE COMPANY OF PHILVDEL
PHIA PENNSYLVANIA
R Dale Benson President W Gardner Crowell Secretary
Principal office 510 Walnut Street
ICAPITAL
1 Whole amount of capital stock
2 Amount paid up in cash
400000 00 160 COMPTROLLEKGENERALS report
IIASSETS
1 Market value of real estate owned by the company less
the amount of incumbrances thereon 142500 00
2 Loans on bond and mortgage duly recorded and being
611900 00
3 Interest due on all said bond and mortgage loans 18750
interest accrued thereon 433360 total 4521 10
5 Value of buildings mortgaged insured
9 Total par and market value of stocks and bonds owned absolutely by the company and carried out at market
5091050 00
11 Total amount loaned on stocks bonds and all other
12 securities except mortgages 561200 00
Cash in companys principal office 1256 43
13 Cash belonging to the company deposited in bank Western National 89968 34 Philadelphia National
45198 90 total 135167 24
16 Interest due and accrued on collateral loans and uncol
17 4 515 80
Uash in hands of agents and in course of transmission 441929 12
Total assets of the company actual cash market
7024039 69
IIILIABILITIES
1 Losses due and unpaid 12608 53
2 Gross losses in process of adjustment or in suspense including all reported and supposed losses 194454 10
3 Losses resisted including interest costs
and other expenses thereon 11608 73
4 Total gross amount of claims for losses 218671 36
5 Deduct reinsurance thereon 18396 00
6 Net amount of unpaid losses 200275 36
7 Gross premiums without any deduction
received and receivable upon all unex
pired Are risks running one year or less
from date of policy 1202942011 un
earned premiums fifty per cent 1014710 05
8 Gross premiums without any deduction
received and receivable upon all unex
pired fire risks running more than one
year from date of policy 288579470
unearned premiums pro rata 1520295 59
11 Total unearned premiums as computed above carried
out 2535005 64COMPTROLLERGENERALS REPORT
161
111
20
21
23
24
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 insurance policies being 95 per cent of
the premium of deposit received
Total amount of all liabilities except capital stock and
net surplus
Joint stock capital actually paid up in cash
Surplus beyond capital and all other liabilities
Aggregate amount of all liabilities including capital
paid up and net surplus
IVINCOME DURING THE YBAE
On Fire Risks
Gross premiums and bills in course of
collection at close of last previous year
as shown by that years statement
Net collected
Gross premiums on risks written and re
newed during the year
Total
Deduct premiums anu bills in course of
collection at this date gross
446166 92
446166 92
3805633 11
4251800 03
441929 12
7 Entire premiums collected during the
year 3809870 91
8 Deduct reinsurance and return premiums 848181 77
9 Net cash actually received for premiums carried out
10 Received for interest on bonds and mortgages
11 Received for interests and dividends on stocks and
bonds collateral loans and from all other sources
12 Income received from all other sources omitting in
crease if any in value of securities viz Rents
542699
Total
15 Aggregate amount of income actually received during
the year in cash
VEXPENDITURES DURING THE YEAR
On Fire Risks
1 Gross amount actually paid for losses 1560752 51
2 Deduct all amounts actually received for
salvages whether on losses of the iast
or of previous year 115286 52
3 Net amount paid during the year for losses
4 Cash dividends actually paid stockholders amount of
stockholders dividends declared during the year
JJ n
884207 08
3619488 08
400000 00
3004551 61
7024039 69
2961689 14
28337 95
211184 43
7982 06
247504 44
3209193 58
1445465 99
120000 CO162
COMPTROLLERGENERALS REPORT
6 Paid for commissions or brokerage 593446 71
7 Paid for salaries fees and other charges of officers
clerks agents and all other employees 180000 00
8 Paid for state national and local taxes in this and other
states 81832 25
9 All other payments and expenditures 188664 89
Aggregate amount of actual expenditures during
the year in cash 2609409 84
Business in the Stale of Georgia during the year
Fire risks written 3074219 00
Premiums received gross 57073 13
Losses paid 22888 19
Losses incurred 25474 53
PHENIX FIRE INSURANCE COMPANY OF BROOKLYN N Y
Geo P Sheldon President Chas F Kostee Secretary
Principal Office 16 Court Street Brooklyn N Y
iCAPITAL
1 Whole amount of capital stock 1000000 00
2 Amount paid up in cash 1000000 00
IIASSETS
1 Market value of real estate owned by the company less
the amount of incumbrances thereon 568000 00
2 Loans on bond and mortgage duly recorded and being
first liens on the fee simple 46600 00
3 Interest due on all said bond and mortgage loans
20000 interest accrued thereon fSOOOO 1000 00
4 Value of lands mortgaged exclusive of
buildings and perishable improvements 27750 00
5 Value of buildings mortgaged insured
for 5700000 as collateral 63500 00
6 Total value of said mortgaged premises
carried inside 91250 00
9 Total par and market value of stocks and bonds owned
absolutely by the company carried out at market
value 6607798 00
12 Cash in companys principal office 1033 33
13 Cash belonging to the company deposited
in bank National Park Bank New
York 28523349 Chatham National
Bank New York 20537523 Liberty
National Bank New York 12437547 COMPTROLLERGENERALS REPORT
163
National City Bank Brooklyn N Y
250000 Peoples Trust Company
Brooklyn N Y 2523491 total 642719 10
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 viz Rents due
and accrued
Total assets of the Company actual cash market
value
643752 43
9524 39
917666 64
3362 43
8859128 89
LIABILITIES
2 Gross losses in process of adjustment or
in suspense including all reported and
supposed losses
3 Losses resisted including interest costs
and other expenses thereon
4 Total gross amount of claims for losses
5 Deduct reinsurance thereon
11
17
19
20
21
23
24
394750 16
28465 00
423215 16
24447 23
767
Net amount of unpaid losses
Gross premiums without any deduction
received and receivable upon all unex
pired fire risks running one year or
less from date of policy 360317922
unearned premiums fifty per cent 1801589 56
Gross premiums without any deduction
received and receivable upon all unex
pired fire risks running more than one
year from date of policy 1669763256
unearned premiums pro rata3547154 73
Total unearned premiums as computed above carried
out
Due and accrued for salaries rent advertising and for
agency and other miscellaneous expenses
All other demands against the company absolute and
contingent due and to become due admitted and con
tested viz Return premiums 241831 reinsurance
435685 total
Total amount of all liabilities except capital stock and
joripitaiaciypaidin 15000 00
Suplus beyond capital and all other liabilities2100509
Aggregate amount of all liabilities including capital
paidupand net surplus
5348744 29
4332 00
6775 16164
COMPTROLLERGENERALS REPORT
TO BE ANSWERED BY COMPANIES DOING AN INSTALLMENT BUSINESS
Amount of unearned premiums repre
sented by installment notesbeing the
whole amount of such notes 151404 29
IVINCOME DURING THE YEAS
Fire Risks
7 Entire premiums collected during the
year 7362055 87
8 Deduct reinsurance and return premiums 1361231 19
12
9 Net cash actually received for premiums carried out
10 Received for interest on bonds and mortgages
11 Received for interests and dividends on stocks and bonds
collateral loans and from all olher sources
Income received from all other sources omitting in
crease if any in value of securities viz Rents 40
85671 profit on sale or maturity ledger assets 53
97275 sale real estate 21518 total
5998424
2260
i8
35
218407 92
95044 64
15 Aggregate amount of income actually received during
the year in cash 6314137
59
VEXPENDITURES DURING THE YEAR
1 Gross amount actually paid for losses in
cluding 34405496 losses occurring
in previous years 1
2 Deduct all amounts actually received for
salvages whether on losses of the last
or of previous year 1993917 and all
amounts actually received for reinsur
ance in other companies 21253598
total deductions
Fire Risks
3186713 69
S
9
232475 15
3 Net amount paid during the year for losses 2954238 54
4 Cash dividends actually paid stockholkers 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
Paid for State national and local taxes in this and other
States
All other payments and expenditures viz Furniture
and fixtures 271412 postage express telegrams
exchange etc 56188804 printing stationery and
advertising 7547725 traveling expenses 12054722
legal expenses 751897 miscellaneous 20531360
total
150000 00
1177683 33
441S19 76
217772 51
Aggregate amount of actual expenditures during
the year in cash
473459 20
5414973 34COMPTROLLERGENERALS REPORT
165
Business in the State of Georgia during the year
Fire risks written 8266111 00
Premiums received gross 191730 75
Losses paid 75386 98
Losses incurred 86498 38
PHCENIX FIRE ASSURANCE COMPANY LIMITED OF LONDON
ENGLAND
A D Irvtxg Manager A D Irving Jr Secretary
Principal Office in United States 47 Cedar Street New York
Edgar Dunlap Atlanta Attorney for Service in Georgia
9 Total par and market value of stocks and bonds owned
absolutely by the company carried out at market
value 2837127 47
12 Cash in companys principal office 750 39
13 Cash belonging to the company deposited
in bank The New York Life Insur
ance and Trust Co 140272 Ameri
can Exchange National Bank N Y
32002052 Corn Exchange National
Bank Chicago 111 26431 total 321687 55
Total cash items 322437 94
15 Interest due and accrued on stocks not included in
market value uncollected 37185 40
17 Cash in hands of agents and in course of transmission 254110 47
All other assets both real and personal 4150 89
Total assets of the company actual cash market
value 3455012 17
IIILIABILITIES
1 Losses due and unpaid 33588 00
2 Gross losses in process of adjustment or
in suspense including all reported and
supposed losses 148368 00
3 Losses resisted including interest costs
and other expenses thereon 16096 00
4 Total gross amount of claims for losses
5 Deduct reinsurance thereon
6 Net amount of unpaid losses
7 Gross premiums without any deduction
received and receivable upon all unex
pired Are risks running one year or less
from date of policy un
earned premiums fifty per cent
198025 00
49664 00
929389 26
148361 00166
COMPTROLLERGENERALS REPORT
8 Gross premiums without any deduction
received and receivable upon all unex
pired Are risks running more than one
year from date of policy
9 Excess of original premiums over amount
received for reinsurance
939605 04
491 20
11 Total unearned premiums as computed above carried
out 1869485 50
17 Due and accrued for salaries rent advertising and for
agency and other miscellaneous expenses 2676 45
19 All other demands against the company absolute and
contingent due and to become due admitted and con
tested viz Reinsurance premiums 44539 61
20 Total amount of all liabilities except capital stock and
net surplus 2065062 56
23 Surplus beyond capital and all other liabilities 1389949 61
24 Aggregate amount of all liabilities including capital
paid up and net surplus 3455012 17
IVINCOME DURING THE YEAR
On Fire Risks
1 Gross premiums and bills in course of col
lection at close of last previous year as
shown by that years statement 158326 76
3 Net collected 158326 76
4 Gross premiums on risks written and re
newed during the year 3666772 88
5 Total 3825099 64
6 Deduct premiums and bills in course of
collection at this date 254 110 47
7 Entire premiums collected during the
year 3570989 17
8 Deduct reinsurance and return premiums 1220780 40
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
Total
14 Amount of remittances from home office during the
year
15 Aggregate amount of income actually received during
the year in cash
2350208 77
95195 92
2445404 69
156981 62
2602386 31COMPTROLLERGENERALS REPORT
167
VEXPENDITURES DURING THE YEAR
On Fire Risks
1 Gross amount actually paid for losses in
cluding 26850564 losses occurring in
previous years 1738166 09
2 Deduct all amounts actually received for
salvages whether on losses of the last
or of previous year 1574415 and all
amounts actually received for reinsur
ance in other companies 34149754
total deductions 357241 69
3 Net amount paid during the year for losses 1380924 40
6 Paid for commissions or brokerage 459151 69
7 Paid for salaries fees and other charges of officers
clerks agents and all other employees 180475 81
8 Paid for state national and local taxes in this and other
states 79046 10
9 All other payments and expenditures viz Rent 24
56774 postage telegrams and express 12009815
advertising printing and stationery 1840814 sun
dries 8710736 total 2249779 39
10 Amount sent to home office during the year167689 39
Aggregate amount of actual expenditures during
the year in cash 2417468 78
Business in the State of Georgia during the year
Fire risks written 2709511 00
Premiums received gross 29916 96
Lossespaid 20446 86
Losses incurred 18348 86
PHOZNIX INSURANCE COMPANY OF HARTFORD CONN
D W C Skilton President Edward Milligan Secretary
Principal Office No 783 Main Street Hartford Connecticut
C C Hatcher Atlanta Attorney for Service in Georgia
ICAPITAL STOCK
1 Amount of capital paid up in cash 2000000 00
Amount of ledger assets as per balance
December 311904 5617082 39
Extended at 5617082 39168
COMPTROLLERGENERALS REPORT
IIINCOME
As shown by the books at homeoffice at close of business DecemberSl 1905
Fire Risks
1 Gross premiums 4955341 87
2 Deduct reinsurance rebate abatement
and return premiums 897293 40
3 Total premiums other than perpetuals 4058048 47
5 Interest on mortgage loans 5995 42
6 Interest on collateral loans 837 50
7 Interest on bonds and dividends on stocks 249589 41
9 Gross rents from companys property 11952 04
10 Total interest and rents 268374 97
11 Profit on sale or maturity of ledger assets 14733 62
13 Total income 4341157 06
IIIDISBURSEMENTS
As shown by the booksat home office atclose of business December 311905
Fire Risks
1 Gross amount paid for losses Including
34082891 occurring in previous years 2021534 22
2 Deduct amount received for salvage 19
91050 and for reinsurance in other com
panies 15825183 178198 33
3 Net amount paid for losses 1843335 89
5 Paid stockholders for interest or dividends amount de
clared during the year including taxes 283000 00
s Commissions or brokerage 811829 06
9 Salaries fees and all other charges of officers clerks
agents and other employees 2326S7 98
10 Rents for home and branch offices 18603 16
11 Repairs and expenses other than taxes on real estate 5970 43
12 Taxes on real estate 4020 55
13 All other taxes licenses and insurance department fees 94SDL 01
14 Loss on sale or maturity of ledger assets 24924 24
15 All other disbursements Advertising printing and
stationery 3540974 legil expense 339491 miscel
laneous expense 33107534 369939 99
10 Total disbursement 3689209 31
IVLEDGER ASSETS
1 Book value of real estate unincumbered 148944 04
2 Mortgage loans on real estate 89486 Oti
3 Loans secured by pledge of bonds stocks
or other collaterals 90C0 00
4 Book value of bonds excluding interest
268407002 and stocks 249747117 5181541 19COMPTROLLERGENERALS REPORT
169
5 Cash in companys office 1422048 de
posited in bank Hartford National
Bank Hartford 16180296 Hartford
Trust Co Hartford S2o00000 Metro
politan Trust Company New York
27380019 The Bank of Liverpool
England 6391953
6 Agents balances representing business
written subsequent to October 1 1905
7 Agents balances representing business
written prior to October 1 1905
52874316
309614 62
1699 87
11 Total ledger assets
6269030 14
12
13
14
15
16
17
18
19
20
21
4
NONLEDGER ASSETS
Interest due 27600 and accrued 2120
32 on mortgages 2396 32
Interest due and accrued on bonds and
stocks 44989 00
Interest due and accrued on collateral
loans 225 00
Interest due and accrued on other assets 2500 00
Rents due and accrued on companys
property or lease Wfi 58
51016 90
Total
Market value of real estate over book value
Market value of bonds and stocks over book value
Other nonledger assets viz Gross premiums in course
of collection which have not been carried to ledger
account 459S1291 Reinsurance due fromother com
panies on losses paid 846304
Gross assets
DEDUCT ASSETS NOT ADMITTED
Agents balances representing business written prior
to October 1 1905
6320047 04
4491 00
1349516 31
401275 95
9 Total admitted assets
8142330 30
1699 87
8140630 43
LIABILITIES
Gross losses adjusted and unpaid not yet
due 80502 74
Gross claims for losses in process of ad
justment or in suspense including all
reported and supposed losses 265097 46
Gross claims for losses resisted 27117 00
Total
Deduct reinsurance due or accrued
372717 20
26512 83
6 Net amount of unpaid losses and claims 346204 37170
COMPTROLLERGENERALS REPORT
7 Gross premiums less reinsurance re
ceived and receivable upon all unex
pected Are risks running one year or
less from date of policy including in
terest premiums on perpetual Are risks
278202851 unearned premiums fifty
percent 1391014 26
8 Gross premiums less reinsurance re
ceived and receivable upon all unex
pired Are risks running more than one
year from date of policy 347286585
unearned premiums pro rata 1874952 48
12 Total unearned premiums as computed above
20 Commissions brokerage and other charges due or to be
come due to agents and brokers
21 Return premiums 4456547 reinsurance premiums
1824211
24 Total amount of all liabilities except capital
25 Capital actually paid up in cash 2000000 00
26 Surplus over all liabilities 2382270 52
27 Surplus as regards policy holders
28 Total liabilities
3265966 74
83381 22
62807 58
3758359 91
4382270 52
8140630 43
Business in the State of Georgia during the year
Fire risks written
Premiums received
Losses p aid
Losses incurred
5454566 00
68047 79
26947 37
29224 49
PRUDENTIAL FIRE INSURANCE COMPANY OF WEST VIRGINIA
J T Dahqan President Robt N Hughs Secretary
Principal Office Blue Field West Virginia
Chief Office Empire Building Atlanta Ga known as Home Office
Edwd S McCandless Atlanta Attorney for Service in Georgia
iCAPITAL
1 Whole amount of capital stock 350000 00
2 Amount paid up in cash 100000 00
IIASSETS
2 Loans on bond and mortgage duly recorded and being
first liens on the fee simple 2500 00
3 Interest accrued on all said bond and mortgage loans 32 50COMPTROLLERGENERALS REPORT
171
4 Value of lands mortgaged exclusive of
buildings and perishableimprovements 5000 00
5 Value of buildings mortgaged insured
for 400000 as collateral 7000 00
6 Total value of said mortgaged premises
carried inside 12000 00
9 Total par and market value of stocks and bonds owned
absolutely by the company carried out at marketvalue 426795 00
12 Oasli in companys principal office 21523 36
13 Cash belonging to the company deposited
in bank First NationalBlue FieldWest
Virginia 965774 Equitable Trust
Co Augusta Ga 750000 total 17157 74
Total cash items
15 Interest due and accrued on stocks not included in
market value uncollected
17 Cash in hands of agents and in course of transmission
18 Bills receivable not matured taken for Are marine and
inland risks
All other assets both real and personal viz Accrued
interest
Total assets of the company actual cash market
value
IIILIABILITIES
1 Losses due and unpaid 211103
2 Gross losses in process of adjustment or
in suspense including all reported and
supposed losses 5603 00
4 Total gross amount of claims for losses 7714 03
5 Deduct reinsurance thereon 144555
6 Net amount of unpaid losses
7 Gross premiums without any deduction
received and receivable upon all un
expired Are risks running one year or
less from date of policy 36791756
unearned premiums fifty per cent 183958 78
8 Gross premiums without any deduction
received and receivable upon all unex
pired Are risks running more than one
year from date of policy 30049152
unearned premiums pro rata140629 55
11 Total unearned premiums as computed above carried
out
38681 10
1699 39
47148 87
2037 73
46 00
518940 59
6268 48
324588 33172 COMPTROLLERGENERALS REPORT
20 Total amount of all liabilities except capital stock
and net surplus 330856 81
21 Joint stock capital actual paid up in cash 100000 00
23 Surplus beyond capital and all other liabilities 88083 78
24 Aggregate amount of all liabilities including capital
paid up and net surplus 518940 59
QUEEN INSURANCE COMPANY OF AMERICA NEW YORK
Edward F Bkddell President Nevett S Bartow Secretary
Principal Office 43 Cedar Street New York City
S Y Tupper Atlanta Attorney for Service in Georgia
iCAPITAL
1 Whole amount of capital stock 1000000 00
2 Amount paid up in cash 1000000 00
IIASSETS
2 Loans on bond and mortgage duly recorded and being
first liens on the fee simple if 71000 00
3 Interest due and accrued on all said bond and mortgage
loans 1308 28
4 Value of lands mortgaged exclusive of
buildings and perishable improve
ments 108500 00
5 Value of buildings mortgaged insured
for 7350000 as collateralJ
9 Total par and market value of stocks and bonds owned
absolutely by the company carried out at market value 6066854 79
12 Cash in the companys principal office 4412 14
13 Cash belonging to the company deposited in bank Farm
ers Loan and Trust Co New York N Y 8000000
Corn Exchange Bank New York N Y 4989078
Royal Trust Co Chicago Ills 433677 Atlanta Na
tional Bank Atlanta Ga 810421 First National
Bank San Francisco Cal 28741 Dominion Bank
Montreal Can 1194383 Bank of British North
America Halifax N S 481298 159375 98
15 Interest due and accrued on stocks and bonds not includ
ed in market value uncollected 75655 24
li Aaents balames representing business written subse
quent to October 1 1905 462040 Sq
All other assets both real and personal viz Due from
olher companies for reinsurance on losses already paid 309 l4
Total assets of the company actual cash market
value 6841016 55COMPTROLLERGENERALS REPORT
178
LIABILITIES
2 Gross losses in process of adjustment or in suspense in
cluding all reported and supposed losses
3 Losses resisted including interest costs and other ex
penses thereon
235852 07
44799 79
4 Total gross amount of claims for losses
5 Deduct reinsurance thereon
280651 86
27063 63
6 Net amount of unpaid losses
S 1230352 49
Gross premiums without any deduction
received and receivable upon all unex
pired fire risks running one year or less
from date of policy 246070499 un
earned premiums fifty per cent
8 Gross premiums without any deduction
received and receivable upon all unex
pired fire risks running more than one
year from dte of policy 274976566
unearned premiums pro rata 1485600 36
11 Total unearned premiums as computed above carried
out
Due and accrued for salaries rent advertising and for
agency and other miscellaneous expenses
All other demands against the company absolute and
contingent due and to become due admitted and con
tested viz Commissions due and to become due
994308 return premiums 708788 reinsurance
3463337 total
253588 23
17
19
2715952 85
79125 38
51664 33
20 Total amount of all liabilities except capital stock and
net surplus 3100330 79
21 Joint stock capital actually paid up in cash 1000000 00
23 Surplus beyond capital and all other liabilities 2740685 76
24 Aggregate amount of all liabilities including capital paid
up and net surplus
IVINCOME DURING THE YEAR
Fire Risks
4 Gross premiums on risks written and re
newed during the year 4542538 55
8 Deduct reinsurance and return premiums 1103317 60
9 Net cash actually received for premiums carried out
10 Received for interest on bonds and mortgages
If 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 6000 profit
on sale or maturity of ledger assets 1342517 total
3439220 95
2890 00
216832 76
13485 17
15 Aggregate amount of income actually received during
the year in cash 3672428 88174
COMPTROLLERGENERALS REPORT
VEXPENDITURES DURING THE YEAR
Fire Risks
1 Gross amount actually paid for losses
including 23789724 losses occurring
in previous years 1904929 20
2 Deduct all amounts actually received for
salvages whether on losses of the last
or of previous year 1603175 and all
amounts actually received for reinsu
rance in other companies 15999039
total deductions 176022 14
3 Net amount paid during the year for losses
4 Cash dividends actually paid stockholders amount of
stockholders dividends declared during the year
6 Paid for commissions or brokerage
7 Paid for salaries fees and other charges of officers clerks
agents and all other employees
8 Paid for State national and local taxes in this and other
States
9 All other payments and expenditures viz Rents 28
38031 advertising postage and stationery 4034946
legal expenses 141496 furniture and fixtures 3
28140 miscellaneous expenses 13091373 amount
written off ledger assets to profit and loss account
bonds
Aggregate amount of actual expenditures during the year
in cash
1728907 06
100000 00
634027 41
246116 57
84453 20
250637 1 1
3044141 35
Business in the State of Georgia during the year
Fire risks written
Premiums received gross
Losses paid gross
Losses incurred gross

7142472 00
126526 87
33619 55
29774 55
ROCHESTER GERMAN FIRE INSURANCE COMPANY OF ROCHES
TER NEW YORK
Eugene Satterlee President H F Atwood Secretary
Principal Office corner Irving Place and Main St West
Louis Fox Atlanta Attorney for Service in Georgia
ICAPITAL
1 Whole amount of capital stock
2 Amount paid up in cash
200000 00
200000 00
200000 00
IIASSETS
1 Market value of real estate owned by the company less
theamount of incumbrances thereon
f 553314 60COMPTROLLERGENERALS REPORT
175
2 Loans on bond and mortgage duly recorded and being
first liens on the fee simple 295 694 19
3 Interest due on all said bond and mortgage loans 1
15850 interest accrued thereon 572704 total 6885 54
9 Total par and market value of stocks and bonds owned
absolutely by the company carried out at market
value 536200 00
11 Total amount loaned on stocks and bonds and all other
securities except mortgages 9 000 00
12 Cash in companys principal office 1397 81
13 Cash belonging to the company deposited
in bank German American bank
12085118 Bank of Montreal Ottawa
Can 99846 Bank of British North
America San Francisco Cal 476086
total 126610 50
Net cash items 128008 1
15 Interest due and accrued on stocks not included in
market value uncollected 4 947 07
17 Cash in hands of agents and in course of transmission 147583 09
Total assets of the company actual cash market
value 1681632 0
IIILIABILITIES
1 Losses due and unpaid 9400 68
2 Gross losses in process of adjustment or
in suspense including all reported and
supposed losses 68006 15
3 Losses resisted including interest cost
and other expenses thereon 18023 43
4 Total gross amount of claims for losses 95430 26
5 Deduct reinsurance t hereon 36 225 43

6 Net amount of unpaid lossesf 59204
7 Gross premiums without any deduction
received and receivable upon all unex
pired fire risks running one year or less
from date of policy 81814300 un
earned premiums fifty per cent 409071 50
8 Gross premiums without any deduction
received and receivable upon all unex
pired fire risks running more than one
year from date of policy 89365878
unearned premiums pro rata 483871 99
11 Total unearned premiums as computed above carried
out 892943176
COMPTROLLERGENERALS REPORT
19 All other demands against the company absolute and
contingent due and to become due admitted and
contested viz Commissions due agents
20 Total amount of liabilities except capital stock and net
surplus
21 Joint stock capital actually paid up in cash
1075 8S
953224 20
200000 00
23 Surplus beyond capital and all other liabilities 528408 60
24 Aggregate amount of all liabilities including capital
paid up and net surplus 1681632 80
IVINCOME DURING THE YEAR
Fire Risks
3 Net collected 143240 04
4 Gross premiums on risks written and re
newed during the year 1714752 96
5 Total
6 Deduct premiums and bills in course of
collection at this date
1857993 00
147583 09
7 Entire premiums collected during the
year 1710409 91
8 Deduct reinsurance and return premiums 595708 02
9 Net cash actually received for premiums
carried out 111I1 89
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 in
crease if any in value of securities viz Rents 8
11502 profit and loss account 517 profit in sale or
maturity of ledger assets 853284 total
15 Aggregate amount of income actually received during
the year in cash
15745 80
21615 45
16653 03
1168716 17
VEXPENDITURES DURING THE YEAR
On Fire Risks
1 Gross amount actually paid for losses in
cluding 7142987 losses occurring in
previous years 728585 94
2 Deduct all amounts actually received for
salvages whether on losses of the last
or of previous year 584281 and all
amounts actually received for reinsu
rance in other companies 19183400
total deductions 19767681COMPTROLLERGENERALS REPORT
177
3 Net amount paid during the year for losses 530909 13
4 Cash dividends actually paid stockholders amount of
stockholders dividends declared during the year 20000 00
6 Paid for commissions or brokerage 300380 03
7 Paid for salaries fees and other charges of officers
clerks agents and all other employes 38007 37
8 Paid for State national and local taxes in this and other
States 37417 73
9 All other payments and expenditures viz Printing
and stationery account 812506 expense account
8248101 90606 07
Aggregate amount of actual expenditures during
theyear 1017320 33
Business in the State of Georgia during the year
Fire risks written 933587 00
Premiums received gross 17091 44
Losses paid 15646 75
Losses incurred 8309 92
ROYAL EXCHANGE ASSURANCE OF LONDON ENGLAND
W C Crosby General Manager
Principal office 92 William St New York
Edwakd E Paschall Atlanta Attorney for Service in Georgia
1CAPITA
1 Whole amount of capital stock deposit capital 200000 00
nASSETS
9 Total par and market value of stocks and bonds owned
absolutely by the company carried out at market value 1826906 25
12 Cash in companys principal office 2340 56
13 Cash belonging to the company deposited
in bank viz Brown Bros N Y 43
09655 Baring Magoor Co and Ne
vada Nat Bank S F 6883596 111932 51
Total cash items 114273 07
15 Interest due and accrued on stocks and bonds not in
cluded in market value uncollected 15481 59
17 Cash in hands of agents and in course of transmission 197335 27
All other assets both real and personal viz Special
deposit Philadelphia 10000 Aust Ph Ins Co 1
18870 Concordia Ins Co 4178 Spring Garden 4
52982 current expenses 5860 30
Total assets of the company actual cash market value 2159856 48
13 in178
COMPTROLLERGENERALS REPORT
IIILIABILITIES
1 Losses due and unpaid 3000 00
2 Gross losses in process of adjustment or
in suspense including all reported and
supposed losses 156934 00
3 Losses resisted including interest costs
and other expenses thereon 12317 00
4 Total gross amount of claims for losses 172251 00
5 Deduct reinsurance thereon 81350 00
6 Net amount of unpaid losses
7 Gross premiums without any deduction
received and receivable upon all unex
pired fire risks running one year or less
from date of policy 90390308 un
earned premiums fifty per cent
8 Gross premiums without any deduction
received and receivable upon all unex
pired fire risks running more than one
year from date of policy 106304292
unearned premiums pro rata
9 Excess of original premiums over amount
received for reinsurance 596584 un
earned premiums pro rata
451951 54
557026 51
1444 34
11 Total unearned premiums as computed above car
ried out 1010422 9
14 Amount of dividends declared but not yet due inter
est due 1364
17 Due and accrued for salaries rent advertising and for
agency and other miscellaneous expenses 2746 37
18 Am unt of borrowed money reinsurance premiums 4428195
20 Total amount of all liabilities except capital stock and
net surplus 1149716 13
23 Surplus beyond capital and all other liabilities 1010140 35
24 Aggregate amount of all liabilities including capital
paid up and net surplus 2159856 4 8
IVINCOME DUBING THE YEAS
Fire Risks
1 Gross premiums and bills in course of col
lection at close of last previous year
as shown by that years statement 454108 03
3 Net collected
454108 03COMPTROLLERGENERALS REPORT 179
4 Gross premiums on risks written and re
newed during the year 2357736 26
5 Total 2811844 29
6 Deduct premiums and bills in course of
collection at this date 284847 85
7 Entire premiums collected during the
year Cash 2526996 44
8 Deduct reinsurance and return pre
miums 1148018 80
9 Net cash actually received for premiums carried out 1378977 64
10 Received for interest on bonds and mortgages 79710 75
14 Remittances from home office during the year 254454 32
15 Aggregate amount of income actually received during
the year in cash 1713142 7
VEXPENDITURES DUEING THE YEAB
1 Gross amount actually paid for losses in
cluding 18548848 losses occuring in
previous years 1230913 72
2 Deduct all amounts actually received for
salvages whether on losses of the last
or of previous year 1383553 and all
amounts actually received for rein
surance in other companies 40349095
total deductions 417326 43
3 Net amount paid during the year for losses 813587 24
5 Rent 10200 00
6 Paid for commissions or brokerage 427948 55
7 Paid for salaries fees and other charges of officers
clprks agents and all other employees 114690 00
8 Paid for State national and local taxes in this and other
States 66951 77
9 All other payments and expenditures viz Advertising
inspection traveling stationery printing postageetc 142354 63
10 Amount sent to home offices during the year 87643 96
Aggregate amount of actual expenditures during
the year in cash 1663376 15180
COMPTROLLERGENERALS REPORT
UNITED STATES BRANCH OP THE ROYAL FIRE INSURANCE COM
PANY OP LIVERPOOL ENGLAND
E P Beddall General United States Attorney
Principal Office in United States 50 Wall Street New York City
Milton Daegan 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 accrued on all said bond and mortgage loans
5 Value of buildings mortgaged insured for
24950000 as collateral 506500 00
a Total par and market value of stocks and bonds owned ab
solutely by the company carried out at market value
12 Cash in companys principal office
13 Cash belonging to the company deposited in bank
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 as per schedule
attached viz Rents due and accrued 591021 due
from other companies for reinsurance on losses already
paid 2380417
2583564 88
320000 00
2320 83
4194799 88
957 76
429957 04
46925 15
953069 62
29714 38
Total assets of the company actual cash market value 8561309 54
IIILIABILITIES
1 Losses due and unpaid 31698 33
2 Gross losses in process of adjustment or
in suspense including all reported and
supposed losses 311910 36
3 Losses resisted including interest costs
and other expenses thereon 51723 00
4 Total gross amount of claims for losses 395331 69
5 Deduct reinsurance thereon 82157 76
6 Net amount of unpaid losses
7 Gross premiums without any deduction
received and receivable upon all unex
pired fire risks running one year or less
from date of policy 355756946 un
earned premiums fifty per cent 1778784 73
313173 93COMPTROLLERGENERALS REPORT
181
8 Gross premiums without any deduction
received and receivable upon all unex
pired fire risks running more than one
year from date of policy 555629569
unearned premiums pro rata 2949012 22
10 Excess of original premiums over amount
received for reinsurance 61988 un
earned premiums pro rata 72 50
11 Total unearned premiums as computed above carried
out 4727869 45
12 Net premiums reserve and all other liabilities except cap
ital under the life insurance or any other special de
partment 100000 00
17 Due and accrued for salaries rent advertising and for
agency and other miscellaneous expenses 67638 94
18 Amount reclaimable by the insured on perpetual fire in
surance policies being 8595 per cent of the premium
of deposit received 129792 22
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 incourse of collection 11488853 return
premiums 5022067 reinsurance 8222547 total 247334 67
20 Total amount of all liabilities except net surplus 5585809 21
23 Surplus beyond all other liabilities 2975500 33
24 Aggregate amount of all liabilities including net surplus 8561309 54
IVINCOME DURING THE YEAR
1 Gross premiums and bills in course of col
lection at close of last previous year as
shown by that years statement 955567 87
2 Deduct amount of same not collected 1661 32
3 Net collected 953906 55
4 Gross premiums on risks written and re
newed during the year 7722636 53
5 Total 8676543 08
6 Deduct premiums and bills in course of
collection at this date 974439 63
7 Entire premiums collected during the
year 7702103 45
8 Deduct reinsurance and return premiums 2440043 59
9 Net cash actually received for premiums carried out 5262059 86
182
COMPTROLLERGENERALS REPORT
10 Received for interest on bonds and mortgages 12870 67
11 Received for interests and dividends on stocks and bonds
collateral loans and from all other sources 172464 89
12 Income received from all other sources omitting increase
if any in value of securities viz Rents 79263 64
14 Amount of remittances from home office
during the year 1169031 37
Deposit premiums received on perpetual
fire risks 415 57
15 Aggregate amount of income actually received during the
year in cash 5526659 06
VEXPENDITURES DURING THE YEAR
Fire Risks
1 Gross amount actually paid for losses in
cluding 40163177 losses occurring in
previous years 3273027 96
2 Deduct all amounts actually received for
salvages whether on losses of the last
or of previous year 3721545 and all
amounts actually received for reinsur
ances in other companies 66505246
total deductions 702267 91
3 Net amount paid during the year for losses 2570760 05
6 Paid for commissions or brokerage 902663 47
7 Paid for salaries fees and other charges of officers
clerks agents and all other employees 390480 11
8 Paid for State national and local taxes in this and other
States 173553 56
9 All other payments and expenditures viz Rents print
ing stationery traveling legal and all other expenses 360195 93
10 Amount sent to home offices during the
year 2268765 36
Deposit premiums returned on perpetual
risks 16675 98
Aggregate amount of actual expenditures during the
year in cash 4397653 12
Business in the State of Georgia during the year
Fire risks written 6214944 85
Premiums received gross 90371 79
Losses paid 49430 82
Losses incurred 44142 82COMPTROLLERGENERALS REPORT
183
SCOTTISH UNION AND NATIONAL FIRE INSURANCE COMPANY OP
EDINBURGH SCOTLAND
Jas H Bkewster United States Manager
Principal Office 36 Pearl Street Hartford Conn
Edgae Dunlap Atlanta Attorney for Service in Georgia
ICAPITAL
1 Whole amount of capital stock 30000000 00
2 Amount paid up in cash I 1500000 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 5740
30 interest accrued thereon 166203
4 Value of lands mortgaged exclusive of
buildings and perishable improvements 458725 00
5 Value of buildings mortgaged insured
for 59360000 as collateral 802350 00
139226 62
555339 15
7402 33
6 Total value of said mortgaged premises
carried inside 1261075 00
9 Total par and market value of stocks and bonds owned ab
solutely by the company carried out at market value
11 Total amount loaned on stocks bonds and all other se
curities except mortgages
13 Cash belonging to the company deposited in bank
16 Interest due and accrued on collateral loans and uncol
lected
17 Cash in hands of agents and in course of transmission
All other assets both real and personal viz Interest due
and accrued on other assets
3976356 87
2000 00
265048 41
50 00
433889 00
270 68
Total assets of the company actual cash market value 5379583 06
IIILIABILITIES
1 Losses adjusted unpaid not yet due
2 Gross losses in process of adjustment or
in suspense including all reported and
supposed losses
3 Losses resisted including interest costs
and other expenses thereon
4 Total gross amount of claims for losses 223006 62
5 Deduct reinsurance thereon 53720 07
6 Net amount of unpaid losses 169286 55
64542 90
139256 87
19206 85184
COMPTROLLERGENERALS REPORT
7 Gross premiums without any deduction
received and receivable upon all unex
pired fire risks running one year or less
from date of policy 154501243 un
earned premiums fifty per cent 772506 21
8 Gross premiums without any deduction
received and receivable upon all unex
pired fire risks running more than one
year from date of policy 180233700
unearned premiums pro rata 937481 94
11 Total unearned premiums as computed above carried
out 1709988 15
19 All other demands against the company absolute and
contingent due and to become due admitted and con
tested viz Return premiums 4171349 reinsurance
5972571 commissions and other charges due or to be
come due to agents or brokers 6081134 total 162250 54
20 Total amount of all liabilities except capital stock and
net surplus 2041525 24
23 Surplus beyond capital and all other liabilities 3338057 82
24 Aggregate amount of all liabilities including capital paid
up and net surplus 5379583 06
IVINCOME DURING THE TEAR
F re Risks
1 Gross premiums and bills in course of
collection at close of last previous year
as shown by that years statement 274315 17
3 Net collected 274315 17
4 Gross premiums on risks written and re
newed during the year 3155542 38
5 Total 3429857 55
6 Deduct premiums and bills in course of
collection at this date 264570 66
7 Entire premiums collected during the
year 3165286 89
8 Deduct reinsurance and return premiums 1280846 35
9 Net cash actually received for premiums carried out 1884440 54
10 Received for interest on bonds and mortgages 33875 94
11 Received for interests and dividends on stocks and bonds
collateral loans and from all other sources 146641 62
12 Income received from all other sources omitting in
crease if any in value of securities viz Rents 15
98973 profit on sale ledger assets 304176 total 19031 49
15 Aggregate amount of income actually received during the
year in cash 2083989 59COMPTROLLERGENERALS REPORT
VEXPENDITURES DURING THE YEAB
1 Gross amount actually paid for losses in
cluding 29028726 losses occurring in
previous years 1424476 05
2 Deduct all amounts actually received for
salvages whether on losses of the last
or of previous year 1620867 and all
amounts actually received for reinsur
ance in other companies 43620107
total deductions 452409 74
185
3
6
7
Net amount paid during the year for losses
Paid for commissions or brokerage
Paid for salaries fees and other charges of officers
clerks agents and all other employees
8 Paid for State national and local taxes in this and other
States
9 All other payments and expenditures viz Miscellaneous
underwriting expenses 11187723 expenses on real
estate and other investments 3395611 total
10 Amount sent to home offices during the year
972066 31
404571 65
104046 03
58748 42
145833 84
1333 48
Aggregate amount of actual expenditures during the
year in cash 1686599 23
Business in the State of Georgia during the year
Fire risks written 3111859 00
Premiums received gross 35915 15
Losses paid 13676 58
Losses incurred 13182 89
SECURITY FIRE INSURANCE COMPANY OF NEW HAVEN CONN
Chas S Leete President H C Fuller Secretary
Principal Office 37 Center Street
McCube Kelly Atlanta Attorney for Service in Georgia
1CAPITAL
1 Whole amount of capital stockI
2 Amount paid up in cash 500000 00
500000 00
IIASSETS
1 Market value of real estate owned by the company less
the amount of incumbrances thereon
2 Loans on bond and mortgage duly recorded and being
first liens on the fee simple
3 interest due on all said bond and mortgage loans
54000 00
132700 00
1389 87186
COMPTROLLERGENERALS REPORT
4 Value of lands mortgaged exclusive of
buildings and perishable improvements 127640 00
5 Value of buildings mortgaged insured
for 12045000 as collateral 161000 00
6 Total value of said mortgaged premises
carried inside 288640 00
i Total par and market value of stocks and bonds owned ab
solutely by the company carried out at market value 1430894 00
11 Total amount loaned on stocks bonds and all other se
curities except mortgages 5000 00
12 Cash in companys principal office 331 84
13 Cash belonging to the company deposited
in bank Yale National Bank New
Haven Conn 2466425 Mechanics
Bank New Haven Conn 2463586
Am Exchange Natl Bank N Y 26
11575 total 75415 86
Total cash items 75747 70
15 Interest due and accrued on stocks not included in mar
ket value uncollected 8272 65
16 Interest due and accrued on collateral loans and uncol
lected 103 75
17 Cash in hands of agents and in course of transmission 143464 11
18 Bills receivable not matured taken for fire marine and
inland risks 10183 77
All other assets both real and personal viz Due from
other companies for reinsurance on losses already paid 4563 24
Total assets of the company actual cash market value 1866319 09
IIILIABILITIE S
1 Losses due and unpaid 7314 63
2 Gross losses in process of adjustment or
in suspense including all reported and
supposed losses 71650 10
3 Losses resisted including interest costs
and other expenses thereon 2625 00
4 Total gross amount of claims for losses 81589 73
5 Deduct reinsurance thereon 11846 76
6 Net amount of unpaid losses
7 Gross premiums without any deduction
received and receivable upon all unex
pired fire risks running one year or less
from date of policy 59619384 un
earned premiums fifty per cent 298096 92
69742 9710
COMPTROLLERGENERALS REPORT
Gross premiums without any deduction
received and receivable upon all unex
pired fire risks running more than one
year from date of policy 110670484
unearned premiums pro rata 605929 97
Gross premiums without any deduction
received and receivable on all unex
pired marine risks 12703 59
11 Total unearned premiums as computed above carried
out
19 All other demands against the company absolute and
contingent due and to become due admitted and con
tested viz Reinsurance premiums
187
916730 48
1026 07
20 Total amount of all liabilities except capital stock and
net surplus 987499 52
21 Joint stock capital actually paid up in cash 500000 00
23 Surplus beyond capital and all other liabilities 378819 57
24 Aggregate amount of all liabilities including capital paid
up and net surplus 1866319 09
IVINCOME DURING THE YEAR
Fire Marine and Inland
7 Entire premiums collected
during the year 1357355 46 22755 19
8 Deduct reinsurance and
return premiums 38060191 4300 53
9 Net cash actually received
for premiums carried
out 976753 55 18454 66
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 in
crease if any in value of securities viz Rents 3839
20 profit on sale or maturity of ledger assets5890
995208 21
6137 07
55864 85
9729 20
15 Aggregate amount of income actually received during the
year in cash 1066939 33
VEXPENDITURES DURING THE YEAR
Fire Marine and Inland
1 Gross amount actually paid
for losses including
8721619 losses occur
ring in previous years 529995 86 22081 65188
COMPTROLLERGENERALS REPORT
Deduct all amounts actual
ly received for salvages
whether on losses of the
last or of previous year
377784 and all amounts
actually received for rein
surance in other compa
nies 9199014 total de
ductions
90155 62
5612 36
3 Net amount paid during
the year for losses 439840 24 16469 29 456309 53
4 Cash dividends actually paid stockholders amount of
stockholders dividends declared during the year 32000 00
6 Paid for commissions or brokerage 242760 32
7 Paid for salaries fees and other charges of officers
clerks agents and all other employees 136070 91
8 Paid for State national and local taxes in this and other
States 24872 00
9 All other payments and expenditures viz Reps and exp
on real estate 245772 loss on sale or maturity of
ledger assets 2563 profit and loss 86851 rent 2
00000 total 5351 86
Aggregate amount of actual expenditures during the
year in cash 857364 62
SOUTHERN MUTUAL FIRE INSURANCE COMPANY OF ATHENS GA
Billups Phinizy President A E Griffith Secretary
Principal Office 102 and 104 College Ave
This is a mutual company having no capital stock Its
assets at present market value amount to 1095291 24
nASSETS
1 Market value of real estate owned by the company less
the amount of incumbrances thereon 20000 00
9 Total par andmarketvalue of stocks and bonds owned ab
solutely by the company carried out at market value 1024300 00
13 Cash belonging to the company deposited in bank Geor
gia National 277S4 76
Total cash items 27784 76COMPTROLLERGENERALS REPORT
189
15 Interest due and accrued on stocks not included in mar
ket value uncollected 192S7 50
17 Cash in hands of agents and in course of transmission 3918 98
Total assets of the company actual cash market value 1095291 24
20
22
23
24
IIILIABILITIES
Gross losses in process of adjustment or in suspense in
cluding all reported and supposed losses
Gross premiums without any deduction received and re
ceivable upon all unexpired fire risks running one year
or less from date of policy 30693400 unearned pre
miums fifty per cent
Total amount of all liabilities except capital stock scrip
and net surplus
Scrip outstanding
Surplus beyond capital and all other liabilities
5463 94
153467 00
158930 94
127214 38
809145 92
Aggregate amount of all liabilities including capital paid
up and net surplus
IVINCOME DURING THE YEAK
Fire Risks
Entire premiums collected during the
311101 44
1095291 24
year
8 Deduct return premiums
4167 44
9 Net cash actually received for premiums carried out
11 Received for dividends on stocks and bonds
12 Income received from all other sources omitting in
crease if any in value of securities viz Rents
15 Aggregate amount of income actually received during the
year in cash
VEXPENDITURES DURING THE TEAR
Net amount paid during the year for losses including
107769 losses occurring in previous years
Scrip or certificates of profits redeemed in cash
Paid for commissions
Paid for salaries fees and other charges of officers
clerks agents and all other employees
Paid for State national and local taxes in this and other
Stclt6S
All other payments and expenditures viz Expense acct
Aggregate amount of actual expenditures during the
year in cash
306934 00
42160 00
150 03
349244 03
48507 72
187880 65
46038 95
15885 00
10039 61
2767 80
311119 73190 COMPTROLLERGENERALS REPORT
Business in the State of Georgia during the year
Fire risks written 30508472 00
Premiums received gross 306934 00
Losses paid 48507 72
Losses incurred 52893 97
SPRINGFIELD FIRE AND MARINE INSURANCE COMPANY OF
SPRINGFIELD MASS
A W Damon President W J Mackay Secretary
Principal Office 195 State Street
C L Stoney Co Atlanta Attorney for Service in Georgia
ICAPITAL
1 Whole amount of capital stock 2000000 00
2 Amount paid up in cash 2000000 00
IIASSETS
1 Market value of real estate owned by the company less
the amount of incumbrances thereon 477000 00
2 Loans on bond and mortgage duly recorded and being
first liens on the fee simple 512270 00
3 Interest due on all said bond and mortgage loans S10
interest accrued thereon 1272272 total 13532 72
4 Value of lands mortgaged exclusive of
buildings and perishable improvements 346400 00
5 Value of buildings mortgaged insured
for 65337500 as collateral 576100 00
6 Total value of said mortgaged premises
carried inside 922500 00
9 Total par and market value of stocks and bonds owned ab
solutely by the company carried out at market value 4948165 00
11 Total amount loaned on stocks bonds and all other se
curities except mortgages 6050 00
12 Cash in companys principal office 2085 84
13 Cash belonging to the company deposited
in bank John Hancock Natl Spring
field 5834465 Third National
Springfield 20715082 Third Nation
al special deposit Springfield 232
68562 total 49818109
Total cash items
500266 91COMPTROLLERGENERALS REPORT 191
15 Interest due and accrued on stocks not included in mar
ket value uncollected 33970 00
16 Interest due and accrued on collateral loans and uncol
lected 171 28
17 Cash in hands of agents and in course of transmission 830656 18
All other assets both real and personal viz Rents due
and accrued 580 84
Total assets of the company actual cash market value 7322662 95
IIILIABILITIES
1 Losses due and unpaid 54520 68
2 Gross losses in process of adjustment or
in suspense including all reported and
supposed losses 228336 57
3 Losses resisted including interest costs
and other expenses thereon 18876 56
19
4 Total gross amount of claims for losses 301733 81
5 Deduct reinsurance thereon 76429 34
Net amount of unpaid losses
Gross premiums without any deduction
received and receivable upon all unex
pired Are risks running one year or less
from date of policy 269432166 un
earned premiums fifty per cent 1347160 83
Gross premiums without any deduction
received and receivable upon all unex
pired fire risks running more than one
year from date of policy 287210485
unearned premiums pro rata 1560066 02
225304 47
11 Total unearned premiums as computed above carried
out 2907226 85
All other demands against the company absolute and
contingent due and to become due admitted and con
tested viz Commissions on premiums paid and in
course of collection 166131 23
20 Total amount of all liabilities except capital stock and
net surplus 3298662 55
21 Joint stock capital actually paid up in cash 2000000 00
23 Surplus beyond capital and all other liabilities 2024000 40
24 Aggregate amount of all liabilities including capital paid
up and net surplus 7322662 95192
COMPTROLLERGENERALS REPORT
IVINCOME DURING THE YEAR
F re Risks
1 Gross premiums and bills in course of
collection at close of last previous year
as shown by that years statement 716664 85
3 Net collected 716664 85
4 Gross premiums on risks written and re
newed during the year 5074920 25
5 Total 5791585 10
6 Deduct premiums and bills in course of
collection at this date 830656 18
7 Entire premiums collected during the
year 4960928 92
8 Deduct reinsurance and return premiums 1286784 17
9 Net cash actually received for premiums carried out 3674144 7
10 Received for interest on bonds and mortgages 27187 20
11 Received for interests and dividends on stocks and bonds
collateral loans and from all other sources 188263 61
12 Income received from all other sources omitting in
crease if any in value of securities 14800 51
15 Aggregate amount of income actually received during the
year in cash 3904396 07
VEXPENDITURES DURING THE TEAR
Gross amount actually paid for losses in
cluding 26728942 losses occurring in
previous years 2107055 56
Deduct all amounts actually received for
salvages whether on losses of the last
or of previous year 724681 and all
amounts actually received for reinsur
ance in other companies 37462581
total deductions 381872 62
3 Net amount paid during the year for losses 1725182 94
4 Cash dividends actually paid stockholders amount of
stockholders dividends declared during the year 200000 00
6 Paid for commissions or brokerage 704607 86
7 Paid for salaries fees and other charges of officers
clerks agents and all other employees 168859 55
8 Paid for State national and local taxes in this and other
States 133364 78
9 All other payments and expenditures viz Traveling
office and agency supplies advertising and all other in
cidental expenses 370087 55
Aggregate amount of actual expenditures during the
year in cash 3302102 68COMPTROLLERGENERALS REPORT 193
Business in the State of Georgia during the year
Fire risks written 4895208 00
Premiums received gross 42168 38
Losses paid 13643 48
Losses incurred 20147 14
ST PAUL FIRE AND MARINE INSURANCE COMPANY OF ST
PAUL MINN
C H Bigelow President A W Perky Secretary
Principal Office Corner Third and Jackson Sts
J L Riley 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 307872 60
2 Loans on bond and mortgage duly recorded and being
first liens on the fee simple 630105 00
3 Interest due on all said bond and mortgage loans 120
not used in assets
4 Value of lands mortgaged exclusive of
buildings and perishable improvements 447760 00
5 Value of buildings mortgaged insured
for 67710000 as collateral 969390 00
6 Total value of said mortgaged premises
carried inside 1417150 00
9 Total par and market value of stocks and bonds owned ab
solutely by the company carried out at market value 2967458 75
11 Total amount loaned on stocks bonds and all other se
curities except mortgages 19330 94
12 Cash in companys principal office 802 18
13 Cash belonging to the company deposited in bank Mer
chants National Bank St Paul 12736360 National
German American Bank St Paul 6441330 United
States Mortgage Trust Co New York 4272294
Kleinwort Sons Co London 1500000 Robarts
Lubbock Co London 4196472 291464 56
17 Cash in hands of agents and in course of transmission 337585 53
13 in194
COMPTROLLERGENERALS REPORT
18 Bills receivable not matured taken for fire marine and
inland risks 10088 43
All other assets both real and personal vizDue from
other companies for reinsurance on losses already paid 2633 08
Total assets of the company actual cash market value 4567341 07
IIILIABILITIES
1 Losses due and unpaid 70625 95
2 Gross losses in process of adjustment or
in suspense including all reported and
supposed losses 215853 19
3 Losses resisted including interest costs
and other expenses thereon 27915 56
4 Total gross amount of claims for losses 314394 70
5 Deduct reinsurance thereon 29785 99
6 Net amount of unpaid losses 28460S 71
7 Gross premiums without any deduction
received and receivable upon all unex
pired fire risks running one year or less
from date of policy 155164924 un
earned premiums fifty per cent 775824 62
8 Gross premiums without any deduction
received and receivable upon all unex
pired fire risks running more than one
year from date of policy 290317776
unearned premiums pro rata 1595740 39
9 Gross premiums without any deduction
including both cash and bills re
ceived and receivable upon all unex
pired inland navigation and marine
risks 9815332
49076 66
11 Total unearned premiums as computed above carried
out 2420641 67
20 Total amount of all liabilities except capital stock and
net surplus 2705250 38
21 Joint stock capital actually paid up in cash 500000 00
23 Surplus beyond capital and all other liabilities 1362090 69
24 Aggregate amount of all liabilities including capital paid
up and net surplus 4567341 07COMPTROLLERGENERALS REPORT
195
IVINCOME DURING THE YEAR
Fire Risks Marine and Inland
1 Gross premiums and bills
in course of collection at
close of last previous
year as shown by that
years statement 267037 58
7 Entire premiums collected
during the year
8 Deduct reinsurance and re
turn premiums
3984626 82
782527 87
17136 95
3 Net collected 267037 58 17136 95
4 Gross premiums on risks
written and renewed dur
ing the year 4056717 04 633498 88
5 Total 4323754 62 650635 83
6 Deduct premiums and bills
in course of collection at
this date 339127 80 10088 43
640547 40
240141 82
9 Net cash actually received
for premiums carried
out 3202098 95 400405 58
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 1653554
net gain in sale of securities and appreciation in values
121871 total
3602504 53
28354 62
137113 21
17754 25
15 Aggregate amount of income actually received during the
year in cash 3785726 61
VEXPENDITURES DURING THE YEAR
1 Gross amount actually paid
for losses including
29469893 losses occur
ring in previous years
2 Deduct all amounts actual
ly received for salvages
whether on losses of the
last or of previous year
2183681 and all
amounts actually re
Fire Risks
1805328 57
Marine and
Inland
604142 12196
COMPTROLLERGENERALS REPORT
ceived for reinsurance in
other companies 407
68803 total deductions
159149 79
270375 05
3 Net amount paid during
the year for losses 1646178 78 333767 07
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
1979945 85
50000 00
815433 66
108484 25
90200 26
184676 46
Aggregate amount of actual expenditures during the
year in cash 3228740 48
Business in the State of Georgia during the year
Fire
Risks written 3628328 00
Premiums received gross 5347681
Losses paid 21504 12
Losses incurred 25926 05
Marine and
Inland Aggregate
3005416 00 6633744 00
5648 54 59125 35
3618 41 25122 53
3618 41 29544 46
UNITED STATES BRANCH SUN INSURANCE OFFICE OF LONDON
ENGLAND
J J Guile Manager
Principal Office 54 Pine Street 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
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 perishable improvements 40000 00
5 Value of buildings mortgaged insured for
4000000 as collateral 47500 00
6 Total value of said mortgaged premises
carried inside 87500 00
9 Total par and market value of stocks and bonds owned ab
solutely by the company carried out at market value 2291981 as
241000 00
50000 00
375 00COMPTROLLERGENERALS REPORT
197
12 Cash in companys principal office 396 31
13 Cash belonging to the company deposited
in bank Bank of New York New York
8569379 Merchants National Bank
New York 9594589 National Bank of
Commerce New York 395118 Mer
cantile Trust Company New York 1
82877 Commercial National Bank Chi
cago 2014660 total 207566 23
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 as per schedule
attached viz Rents due and accrued
207962 54
26317 19
320215 72
1316 67
Total assets of the company actual cash market value 3139168 37
IIILIABILITIES
1 Losses due and unpaid 44604 77
2 Gross losses in process of adjustment or
in suspense including all reported and
supposed losses 141442 00
3 Losses resisted including interest costs
and other expenses thereon 17995 98
4 Total gross amount of claims for losses 204042 75
5 Deduct reinsurance thereon 14553 23
6 Net amount of unpaid losses 189489 52
7 Gross premiums without any deduction
received and receivable upon all unex
pired fire risks running one year or less
from date of policy 170887909 un
earned premiums fifty per cent 854439 54
8 Gross premiums without any deduction
received and receivable upon all unex
pired fire risks running more than one
year from date of policy 221127201
unearned premiums pro rata 1184522 61
11 Total unearned premiums as computed above carried
out 2038962 15
17 Due and accrued for salaries rent advertising and for
agency and other miscellaneous expenses 5357 00
19 All other demands against the company absolute and con
tingent due and to become due admitted and contested
viz Reinsurance 6487 40
198
COMPTROLLERGENERALS REPORT
20 Total amount of all liabilities except net surplus 2240296 07
23 Surplus beyond all other liabilities 898872 30
24 Aggregate amount of all liabilities including net surplus 3139168 37
IVINCOME DURING THE YEAR
7 Entire premiums collected during the
year 3074954 24
8 Deduct reinsurance and return premiums 677976 97
9 Net cash actually received for premiums carried out 2396977 27
10 Received for interest on bonds and mortgages 2250 00
11 Received for interests and dividends on stocks and bonds
collateral loans and from all other sources 96126 88
12 Income received from all other sources omitting increase
if any in value of securities viz Rents 12520 71
14 Amount of remittances from home office
during the year 4750 00
15 Aggregate amount of income actually received during the
year in cash 2507874 86
VEXPENDITURES DURING THE YEAR
Fire Risks
1 Gross amount actually paid for losses in
cluding 18013505 losses occurring in
previous years 1257132 66
2 Deduct all amounts actually received for
salvages whether on losses of the last
or of previous year 1159974 and all
amounts actually received for reinsur
ance in other companies 11340706 to
tal deductions 125006 80
3 Net amount paid during the year for losses 1132125 86
6 Paid for commissions or brokerage 553308 76
7 Paid for salaries fees and other charges of officers clerks
agents and all other employees 125249 78
8 Paid for State national and local taxes in this and other
States 66406 71
9 All other payments and expenditures viz Rents 21
79732 general and agency expenses 9256622 post
age 1197655 advertising 849900 stationery and
printing 1199170 maps 541684 total 152247 63
10 Amount sent to home office during the year 508763 75
Aggregate amount of actual expenditures during the
year in cash 2029338 74COMPTROLLERGENERALS REPORT
199
Business in the State of Georgia during the year
Fire risks written 1853093 00
Premiums received gross t 37650 61
Losses paid 16836 14
Losses incurred 22680 50
SUN FIRE INSURANCE COMPANY OF NEW ORLEANS LA
Charles Janvier President William P Maus Secretary
Principal Office 308 Camp Street
John A Whitner Atlanta Attorney for Service in Georgia
ICAPITAL
1 Whole amount of capital stock
2 Amount paid up in cash
500000 00
500000 00
IIASSETS
1 Market value of real estate owned by the company less
the amount of incumbrances thereon 35000 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
13 Cash belonging to the company deposited
in bank CanalLouisiana Bank and
Trust Company of New Orleans La
1091003 New Orleans National Bank
of New Orleans La 167060 National
City Bank of New York City 37123
Whitney National Bank of New Or
leans La 10000 Hibernia Bank and
Trust Company of New Orleans La
1000 Citizens Bank of Louisiana of
New Orleans La 40000 total
83 06
13461 86
Total cash items
All other asets both real and personal as per schedule
attached viz Premiums in course of collection 54
34726 uncollected reinsurance on losses paid 9123
13544 92
54438 49
Total assets of the company actual cash market value 1175907 41200
COMPTROLLERGENERALS REPORT
in
LIABILITIES
1 Losses adjusted not yet due 8052 09
2 Gross losses in process of adjustment or
In suspense including all reported and
supposed losses 40316 71
3 Losses resisted including interest costs
and other expenses thereon 3059 20
4 Total gross amount of claims for losses
5 Deduct reinsurance thereon
51428 00
13100 00
6 Net amount of unpaid losses
7 Gross premiums without any deduction
received and receivable upon all unex
pired fire risks running one year or less
from date of policy 26185842 un
earned premiums fifty per cent 130929 21
8 Gross premiums without any deduction
received and receivable upon all unex
pired fire risks running more than one
year from date of policy 22229091
unearned premiums pro rata 122660 21
11 Total unearned premiums as computed above carried
out
16 Cash dividends to stockholders remaining unpaid
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 Reserve for unpaid reinsurance
38328 00
253589 42
26530 00
16000 00
12745 50
20 Total amount of all liabilities except capital stock and
net surplus 347192 92
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
Fire Risks Marine and Inand
1 Gross premiums and bills
in course of collection at
close of last previous
year as shown by that
years statement 48029 06
3 Net collected 48029 06
4 Gross premiums on risks
written and renewed dur
ing the year 556134 86 25809 42
5 Total 604163 92 25809 42
500000 00
328774 49
1175967 41COMPTROLLERGENERALS REPORT
6 Deduct premiums and bills
in course of collection at
this date 54347 26
7 Entire premiums collected
during the year 549816 66 25809 42
8 Deduct reinsurance and re
turn premiums 203414 65 11689 94
9 Net cash actually received
for premiums carried
out 346402 01 14119 48
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 250000
profit on sale of securities 101000 bills payable
16000000 profit and loss account 2214770 total
15 Aggregate amount of income actually received during the
year in cash
201
360521 49
37777 50
185657 70
583956 69
EXPENDITURES DURING THE YEAR
1 Gross amount actually paid
for losses including 28
98426 losses occurring in
previous years
2 Deduct all amounts actu
ally received for sal
vages whether on losses
of the last or of previous
year 290152 and all
amounts actually receiv
ed for reinsurance in oth
er companies 4694460
total deductions
Fire Risks Marine and Inland
211312 08 21977 10
31547 21 18298 91
3 Net amount paid during
the year for losses 179764 87
4 Cash dividends actually paid stockholders amount of
stockholders dividends declared during the year 50
00000
6 Paid for commissions or brokerage
1 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
StntGS
9 All other payments and expenditures viz Bills payable
16250000 rents 250000 tax on real estate 1
3678 19 183443 06
49660 00
64166 08
24000 00
10342 09202
COMPTROLLERGENERALS REPORT
01500 tax on assets 199603 interest on bills paya
ble 360535 repairs and insurance on real estate
80501 various 4131680 total 213738 19
Aggregate amount of actual expenditures during the
year in cash 545349 42
Business in the State of Georgia during the year
Fire risks written 2919763 00
Premiums received gross 54506 13
Losses paid 17216 91
Losses incurred 19216 91
TRADERS FIRE INSURANCE COMPANY OF CHICAGO ILL
Thies J Lefens President S A Rothermel Secretary
Principal Office 122 Monroe Street
Otis A Murphy 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 25399 84
2 Loans on bond and mortgage duly recorded and being
first liens on the fee simple 316566 67
3 Interest due on all said bond and mortgage loans 12500
interest accrued thereon 641537 total 6540 37
4 Value of lands mortgaged exclusive of
buildings and perishable improvements 882505 00
5 Value of buildings mortgaged insured for
8341000 as collateral 228720 00
G Total value of said mortgaged premises
carried inside 1111225 00
9 Total par and market value of stocks and bonds owned ab
solutely by the company carried out at market value 2012045 30
12 Cash in companys principal office 1816 74
13 Cash belonging to the company deposited
in bank Corn Exchange National Bank 621473 50
Total cash items 623290 24
15 Interest due and accrued on stocks not included in mar
ket value uncollected 4071 67COMPTROLLERGENERALS REPORT
203
17 Cash in hands of agents and in course of transmission 241216 67
All other assets both real and personal as per schedule
attached viz Rents due and accrued 14800 due to
this company on local agency account 4495295 less
due from this company on local agency account 16955
54 2799741 28145 41
Total assets of the company actual cash market value 3257276 17
IIILIABILITIES
1 Losses due and unpaid 24284 94
2 Gross losses in process of adjustment or
in suspense including all reported and
supposed losses 87198 08
3 Losses resisted including interest costs
and other expenses thereon 2575 00
4 Total gross amount of claims for losses 114058 02
5 Deduct reinsurance thereon 23892 55
6 Net amount of unpaid losses 90165 47
7 Gross premiums without any deduction
received and receivable upon all unex
pired fire risks running one year or less
from date of policy 109081838 un
earned premiums fifty per cent 545409 19
8 Gross premiums without any deduction
received and receivable upon all unex
pired fire risks running more than one
year from date of policy 132950290
unearned premiums pro rata 740827 18
11 Total unearned premiums as computed above carried
out 1286236 37
19 All other demands against the company absolute and con
tingent due and to become due admitted and contested
viz Commissions 4843 05
20 Total amount of all liabilities except capital stock and
1381244 89
net surplus
21 Joint stock capital actually paid up in cash 500000 00
23 Surplus beyond capital and aH other liabilities 1376031 28
24 Aggregate amount of all liabilities including capital paid
up and net surplus 3257276 17
IVINCOME DURING THE YEAB
1 Gross premiums and bills in course of col
lection at close of last previous year as
shown by that years statement 212944 70
204
COMPTROLLERGENERALS REPORT
3 Net collected 212944 70
4 Gross premiums on risks written and re
newed during the year 2309688 64
5 Total 2522633 34
6 Deduct premiums and bills in course of
collection at this date 252195 18
7 Entire premiums collected during the
year 2270438 16
8 Deduct reinsurance and return premiums 724193 98
9 Net cash actually received for premiums carried out 1546244 18
10 Received for interest on bonds and mortgages 13018 57
11 Received for interests and dividends on stocks and bonds
collateral loans and from all other sources 96455 13
12 Income received from all other sources omitting increase
if any in value of securities viz Rents 282500
profit on sale of securities 8916870 other profit and
loss items 52859 total 92522 29
15 Aggregate amount of income actually received during the
year in cash 1748240 17
VEXPENDITURES DUEIXG THE YEAB
Fire Risks
1 Gross amount actually paid for losses in
cluding 13094889 losses occurring in
previous years 923524 93
2 Deduct all amounts actually received for
salvages whether on losses of the last
or of previous years 651788 and all
amounts actually received for reinsur
ance in other companies 14375369 to
tal deductions 150271 57
3 Net amount paid during the year for losses
4 Cash dividends actually paid stockholders amount of
stockholders dividends declared during the year
6 Paid for commissions or brokerage
7 Paid for salaries fees and other charges of officers clerks
agents and all other employees
8 Paid for State national and local taxes in this and other
States
9 All other payments and expenditures viz Printing and
supplies and postage advertising traveling and miscel
laneous expenses
773253 36
50000 00
382906 25
96636 55
5846S 65
64494 88
Aggregate amount of actual expenditures during the
year in cash 1425759 69COMPTROLLERGENERALS REPORT 205
Business in the State of Georgia during the year
Fire risks written 1890947 00
Premiums received gross 34723 66
Losses paid 8140 88
Losses incurred 7065 31
UNION ASSURANCE SOCIETY OF LONDON ENGLAND
Hall Henshaw United States Managers
Principal Office in United States 35 Pine Street New York
ICAPITAL
1 Whole amount of capital stock statutory deposit
305000 00
IIASSETS
1 Market value of real estate owned by the company less
the amount of incumbrances thereon
9 Total par and market value of stocks and bonds owned ab
solutely by the company carried out at market value
12 Cash in companys principal office 48 98
13 Cash belonging to the company deposited
in bank National City Bank New
York 6131620 Title Guarantee and
Trust Company 200000 Canadian
Bank of Commerce San Francisco 30
55322 total 93869 42
Total cash items
15 Interest due and accrued on stocks not included in mar
ket value uncollected
16 Gross premiums as written in the policies in course of
collection not more than three months due
All other assets both real and personal as per schedule
attached viz Due from other companies for reinsur
ance on losses already paid Victoria Fire Insurance
Company New York 476854 Law Union and Crown
25072 American Mass 15268 Atlas 169
Equitable 284 St Paul F and M 181 New York
Fire Insurance Company 090
225000 00
1272315 OO
93918 40
14253 96
165444 12
5179 18
Total assets of the company actual cash market value 1776110 66206
COMPTROLLERGENERALS REPORT
IIILIABILITIES
1 Losses due and unpaid 15532 06
2 Gross losses in process of adjustment or
in suspense including all reported and
supposed losses 94048 86
3 Losses resisted including interest costs
and other expenses thereon 18580 00
4 Total gross amount of claims for losses 128160 92
5 Deduct reinsurance thereon 11894 32

6 Net amount of unpaid losses
7 Gross premiums without any deduction
received and receivable upon all unex
pired fire risks running one year or less
from date of policy 80964394 un
earned premiums fifty per cent
8 Gross premiums without any deduction
received and receivable upon all unex
pired fire risks running more than one
year from date of policy 61219081
unearned premiums pro rata
116266 60
404821 97
334531 22
11 Total unearned premiums as computed above carried
out 739353 19
19 All other demands against the company absolute and con
tingent due and to become due admitted and contested
viz Return premiums 43000 reinsurance 12669
91 total 13099 91
20 Total amount of all liabilities except net surplus 868719 70
23 Surplus beyond capital and all other liabilities 907390 96
24 Aggregate amount of all liabilities including net surplus 1776110 66
IVINCOME DURING THE YEAR
7 Entire premiums collected during the
year 1645633 39
8 Deduct reinsurance and return premiums 605491 43
9 Net cash actually received for premiums carried out 1040141 96
11 Received for interests and dividends on stocks and bonds
collateral loans and from all other sources 44706 43
12 Income received from all other sources omitting increase
if any in value of securities viz Rents 1568899
profit on sale of bonds 1210500 total 27793 99
14 Amount of remittances from home office
during the year 15000 00
15 Aggregate amount of income actually received during the
year in cash 1127642 38COMPTROLLERGENERALS REPORT
VEXPENDITURES DURING THE YEAR
Fire Risks
1 Gross amount actually paid for losses in
cluding 8041389 losses occurring in
previous years 652492 00
2 Deduct all amounts actually received for
salvages whether on losses of the last
or of previous year 804903 and all
amounts actually received for reinsur
ance in other companies 12869381
total deductions 136742 84
3 Net amount paid during the year for losses
4 Cash dividends actually paid stockholders amount of
stockholders dividends declared during the year cash
to home office
6 Paid for commissions or brokerage
7 Paid for salaries fees and other charges of officers clerks
agents and all other employees
8 Paid for State national and local taxes in this and other
States
9 All other payments and expenditures viz Traveling ad
vertising printing and stationery postage telegrams
boards furniture maps expressage office exchange etc
207
515749 16
203796 80
26705817
49034 79
35043 76
64696 25
Aggregate amount of actual expenditures during the
year in cash 1135378 93
Business in the State of Georgia during the year
Fire risks written 1365713 00
Premiums received gross 10108 92
Losses paid 1260 91
Losses incurred 4601 18
UNITED FIREMENS INSURANCE COMPANY OF PHILADELPHIA PA
Robert B Beath President Dennis J Sweeny Secretary
Principal Office 419 Walnut Street
W E Chapin Atlanta Attorney for Service in Georgia
ICAPITAL
1 Whole amount of capital stock 300000 00
2 Amount paid up in cash 300000 00208
COMPTROLLERGENERALS REPORT
IiASSETS
1 Market value of real estate owned by the company less
the amount of incumbrances thereon 172500 00
2 Loans on bond and mortgage duly recorded and being
first liens on the fee simple 328452 00
3 Interest due on all said bond and mortgage loans 37999
interest accrued thereon 426466 total 4644 65
4 Value of lands mortgaged exclusive of
buildings and perishable improvements 248300 00
5 Value of buildings mortgaged insured for
28242500 as collateral 400300 00
6 Total value of said mortgaged premises
carried inside 648600 00
9 Total par and market value of stocks and bonds owned ab
solutely by the company carried out at market value 1181952 00
11 Total amount loaned on stocks bonds and all other se
curities except mortgages 63000 00
12 Cash in companys principal office 7193 33
13 Cash belonging to the company deposited
in bank Quaker City National Bank
1956364 Central National Bank 17
80189 Real Estate Title Insurance
Trust Company 2175941 total 59124 94
Total cash items7777777777777 66318 27
16 Interest due and accrued on collateral loans and uncol
lected 672 99
17 Cash in hands of agents and in course of transmission 69051 34
All other assets both real and personal viz Due from
other companies for reinsurance on losses already paid
Benjamin Franklin Insurance Co Pittsburg Pa 159
30 Camden Fire Insurance Association Camden N
J 77114 Capital Fire Insurance Co Concord N H
2845 Milwaukee Fire Insurance Co Milwaukee Wis
268 Colonial Assurance Co New York City 833
Concordia Fire Insurance Co Milwaukee Wis 210
perpetual deposit in course of collection 267426 de
posit with Philadelphia Fire Underwriters Association
10000 3746 26
Total assets of the company actual cash market value 1890337 51
IIILIABILITIES
2 Gross losses in process of adjustment or
in suspense including all reported and
supposed losses 34896 69
3 Losses resisted including interest costs
and other expenses thereon 1000 00
4 Total gross amount of claims for losses 35896 69
5 Deduct reinsurance thereon 2840 90
6 Net amount of unpaid losses 33055 79COMPTROLLERGENERALS REPORT
209
7 Gross premiums without any deduction
received and receivable upon all unex
pired fire risks running one year or less
from date of policy 36870607 un
earned premiums fifty per cent 184353 04
8 Gross premiums without any deduction
received and receivable upon all unex
pired fire risks running more than one
year from date of policy 45566348 un
earned premiums pro rata 253307 17
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 Amount reclaimable on perpetual fire insurance
policies being 90 and 95 per cent of deposit received
437660 21
12379 48
881545 36
20 Total amount of all liabilities except capital stock and
net surplus 1364640 84
21 Joint stock capital actually paid up in cash 300000 00
23 Surplus beyond capital and all other liabilities 225696 67
24 Aggregate amount of all liabilities including capital paid
up and net surplus 1890337 51
IVINCOME DUBING THE YEAB
4 Gross premiums on risks written and re
newed during the year 664045 92
8 Deduct reinsurance and return premiums 135191 20
9 Net cash actually received for premiums carried out 528854 72
10 Received for interest on bonds and mortgages 20660 35
11 Received for interests and dividends on stocks and bonds
collateral loans and from all other sources 49165 51
12 Income received from all other sources omitting increase
if any in value of securities viz Rents 575651
profit on sale of stocks and bonds 596875 from sale
of real estate 155426 from premiums 229 total 1328181
Deposit premiums written on perpetual risks 41142 08
Total
653104 47
VEXPENDITUBES DUBING THE YEAB
Gross amount actually paid for losses in
cluding 2825051 losses occurring in
previous years 256193 55
14 ii210
COMPTROLLERGENERALS REPORT
Deduct all amounts actually received for
salvages whether on losses of the last
or of previous year 87569 and all
amounts actually received for reinsur
ance in other companies 2419975 to
tal deductions
25075 44
Net amount paid during the year for losses 231118 1
Cash dividends actually paid stockholders amount of
stockholders dividends declared during the year
Paid for commissions or brokerage
Paid for salaries fees and other charges of officers clerks
agents and all other employees
8 Paid for State National and local taxes in this and other
States
9 All other payments and expenditures viz Advertising
and printing 569319 maps arid traveling 900643
legal 19495 real estate taxes and repairs 920082
loss on sale of stocks and bonds 50000 on premiums
86065 miscellaneous 1705814 total
Perpetual deposit premiums returned
30000 00
130048 59
35637 47
13605 51
Total
42514 18
25500 00
508423 86
VIRGINIA STATE FIRE INSURANCE COMPANY OF RICHMOND VA
Geo L Christian President Robt Lecky Jr Secretary
Principal Office Fifth and Main Streets
Otis A Murphy Atlanta Attorney for Service in Georgia
ICAPITAL
1 Whole amount of capital stock 200000 00
2 Whole amount paid up in cash 200000 00
IIASSETS
1 Market value of real estate owned by the company less
the amount of incumbrances thereon 116587 68
2 Loans on bond and mortgage duly recorded and being
first liens on the fee simple 41262 22
3 Interest due and accrued on all said bond and mortgage
loans 723 40
9 Total par and market value of stocks and bonds owned ab
solutely by the company carried out at market value 407921 50
11 Total amount loaned on stocks bonds and all other se
curities except mortgages 3890 44COMPTROLLERGENERALS REPORT
211
12 Cash in companys principal office 9923 45
13 Cash belonging to the company deposited
in bank State Bank of Virginia 10249 66
Total cash items
Interest due and accrued on stocks not included in mar
ket value uncollected
16 Interest due and accrued on collateral loans and uncol
lected
Cash in hands of agents and in course of transmission
Bills receivable not matured taken for fire risks
All other assets both real and personal viz Brokerage
premiums 461775 open accounts 408475 furni
ture and fixtures 394150
15
17
18
20173 11
6972 60
24 00
107843 26
819 73
12644 00
Total assets of the company actual cash market value 718861 94
IIILI ABILITIE S
1 Losses due and unpaid 25756 54
2 Gross losses in process of adjustment or
in suspense including all reported and
supposed losses 25252 72
4 Total gross amount of claims for losses 51009 26
5 Deduct reinsurance thereon 7276 59
6 Net amount of unpaid losses
7 Unearned premiums fifty per cent upon
all unexpired fire risks running one year
or less from date of policy 154174 99
8 Unearned premiums pro rata upon all
unexpired fire risks running more than
one year from date of policy 110291 97
11 Total unearned premiums as computed above carried
out
15 Dividends declared and remaining unpaid or uncalled for
18 Amount of borrowed money
19 All other demands against thecompany absolute and con
tingent due and to become due admitted and contested
viz Commissions due and to become due agents bro
kers or premiums in course of collection 1927232 re
insurance 1096544 total
20 Total amount of all liabilities except capital stock 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
43732 67
264466 96
252 50
50000 00
30237 76
388689 89
200000 00
130172 05
718861 94212 COMPTROLLERGENERALS REPORT
IVINCOME DURING THE YEAR
I Gross premiums and bills in course of col
lection at close of last previous year as
shown by that years statement 108647 08
3 Net collected 108647 08
4 Gross premiums on risks written and re
newed during the year 638646 32
5 TotalI 747293 40
6 Deduct premiums and bills in course of
collection at this date 107843 26
7 Entire premiums collected during the
year 639450 14
8 Deduct reinsurance and return premiums 189821 48
9 Net cash actually received for premiums carried out
10 Received for interest on bonds and mortgages
II 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 653863 bor
rowed money 5000000 total
15 Aggregate amount of income actually received during the
year in cash
449628 66
2376 72
14463 81
56538 63
523007 82
VEXPENDITURES DURING THE YEAR
Fire Risks
Gross amount actually paid for losses in
cluding 17720515 losses occurring in
previous years 369844 95
Deduct all amounts actually received for
salvages whether on losses of the last
or of previous year 51301 and all
amounts actually received for reinsur
ances in other companies 1555188 to
tal deductions 16064 89
3 Net amount paid during the year for losses 353820 06
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
Aggregate amount of actual expenditures during the
year in cash
11986 50
99540 16
25518 76
556 85
42283 33
533705 66COMPTROLLERGENERALS REPORT
213
WESTCHESTER FIRE INSURANCE COMPANY OF NEW YORK N Y
George R Crawford President Morell O Brown Secretary
Principal Office 100 William Street New York
Edgar Dunlap Atlanta Attorney for Service in Georgia
1CAPITAL
1 Whole amount of capital stock 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 29676 25
2 Loans on bond and mortgage duly recorded and being
first liens on the fee simple 241785 00
3 Interest due on all said bond and mortgage loans 1398
50 interest accrued thereon 123922 total 2639 72
4 Value of lands mortgaged exclusive of
buildings and perishable improvements 249150 00
5 Value of buildings mortgaged insured for
23975000 as collateral 265950 00
6 Total value of said mortgaged premises
carried inside 515100 00
9 Total par and market value of stocks and bonds owned ab
solutely by the company carried out at market value 3286750 00
12 Cash in companys principal office 3247 66
13 Cash belonging to the company deposited
in bank Chatham National New York
6049033 Union Trust Co New York
10293059 total 163420 92
Total cash items 166668 58
15 Interest due and accrued on stocks not included in mar
ket value uncollected 20375 00
17 Cash in hands of agents and in course of transmission 305589 88
Total assets of the company actual cash market value 4053482 43
IIILIABILITIES
1 Losses due and unpaid 55153 37
2 Gross losses in process of adjustment or
in suspense including all reported and
supposed losses 126686 11
3 Losses resisted including interest costs
and other expenses thereon 17770 00
4 Total gross amount of claims for losses 199609 48
5 Deduct reinsurance thereon18468 04
6 Net amount of unpaid losses
181141 44214
COMPTROLLERGENERALS REPORT
7 Gross premiums without any deduction
received and receivable upon all unex
pired fire risks running one year or less
from date of policy 138879306 un
earned premiums fifty per cent 694396 53
8 Gross premiums without any deduction
received and receivable upon all unex
pired fire risss running more than one
year from date of policy 216049823
unearned premiums pro rata 1135056 09
11 Total unearned premiums as computed above carried
out 1829452 62
17 Due and accrued for salaries rent advertising and for
agency and other miscellaneous expenses 25250 37
19 All other demands against the company absolute and con
tingent due and to become due admitted and contested
viz Reinsurance 10420 50
20 Total amount of all liabilities except capital stock and
net surplus 2046264 93
21 Joint stock capital actually paid up in cash 300000 00
23 Surplus beyond capital and all other liabilities 1707217 50
24 Aggregate amount of all liabilities including capital paid
up and net surplus 4053482 43
IVINCOME DUBING THE YEAB
7 Entire premiums written during the year 2735333 98
8 Deduct reinsurance and return premiums 642513 89
2092820 09
16503 89
9 Net cash actually received for premiums carried out
10 Received for interest on bonds and mortgages
11 Received for interests and dividends on stocks and bonds
collateral loans and from all other sources 74579 00
12 Income received from all other sources omitting increase
if any in value of securities viz Rents 172585 in
terest on deposits and profit on sale of securities 152
22431 total 153950 16
15 Aggregate amount of income actually received during the
year in cash 2337S53 14
VEXlENDITUBES DUBINU THE YEAB
Fire Risks
1 Gross amount actually paid for losses in
cluding 16060586 losses occurring in
previous years 1120112 35
2 Deduct all amounts actually received for
salvages whether on losses of the last
or of previous year 1444020 and all
amounts actually received for reinsur
ance in other companies 14723907 to
tal deductions 161679 29
3 Net amount paid during the year for losses 958433 08COMPTROLLERGENERALS REPORT
215
4 Cash dividends actually paid stockholders amount of
stockholders dividends declared during the year 60000 00
6 Paid for commissions or brokerage 441222 79
7 Paid for salaries fees and other charges of officers clerks
agents and all other employees 139763 00
8 Paid for State national and local taxes in this and other
States 54602 98
9 All other payments and expenditures viz Postage tele
graph and express maps advertising printing general
agency and traveling 203540 64
Aggregate amount of actual expenditures during the
year in cash 1857562 49
Business in the State of Georgia during the year
Fire risks written 2041046 00
Premiums received gross 30351 78
Losses paid 15793 00
Losses incurred 15586 93
WESTERN ASSURANCE COMPANY OP TORONTO CANADA
Gbo A Cox President C C Foster Secretary
Principal Office 22 Wellington Street East
Geo J Dextek Atlanta Attorney for Service in Georgia
IIASSETS
2 Loans on bond and mortgage duly recorded and being
first liens on the fee simple 15000 00
9 Total par and market value of stocks and bonds owned ab
solutely by the company carried out at market value 1753542 33
12 Cash in companys principal office 87 69
13 Cash belonging to the company deposited
in bank Wm Gray and H B Walker
agents Canadian Bank of Commerce
New York 20606661 Corn Exchange
National Bank Chicago 18778 total 206254 39
206342 08
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 453700 90
18 Bills receivable not matured taken for fire marine and
inland risks
Total assets of the company actual cash market value 2456786 38216
COMPTROLLERGENERALS REPORT
IIILIABILITIES
1 Losses due and unpaid 12777 09
2 Gross losses in process of adjustment or
in suspense including all reported and
supposed losses 99972 96
3 Losses resisted including interest costs
and other expenses thereon 3364 68
6 Net amount of unpaid losses 116114 73
7 Gross premiums without any deduction
received and receivable upon all unex
pired fire risks running one year or less
from date of policy 166208482 un
earned premiums fifty per cent 831042 41
8 Gross premiums without any deduction
received and receivable upon all unex
pired fire risks running more than one
year from date of policy 118272387
unearned premiums pro rata 623918 94
9 Gross premiums without any deduction
including both cash and bills received
and receivable upon all unexpired inland
navigation and marine risks 135095
38 fifty per cent 67547 69
10 Gross premiums without any deduction
received and receivable on all unexpired
marine risks one hundred per cent 9392 55
11 Total unearned premiums as computed above carried
out 1531901 59
19 All other demands against the company absolute and con
tingent due and to become due admitted and contested
viz Commissions 59178 38
20 Total amount of all liabilities except capital stock and
net surplus 1707194 70
21 Deposit capital 201000 00
23 Surplus beyond capital and all other liabilities 548591 68
24 Aggregate amount of all liabilities including capital paid
up and net surplus 2456786 38
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
383920 28
3 Net collected 383920 28
85053 41
85053 41COMPTROLLERGENERALS REPORT
217
4 Gross premiums on risks
written and renewed dur
ing the year
5 Total
6 Deduct premiums and bills
in course of collection at
this date
i915 47
523369 48
3264835 75
411185 54
608422 89
61455 91
2853650 21
823417 47
546966 98
118342 23
7 Entire premiums collected
during the year
8 Deduct reinsurance and re
turn premiums
9 Net cash actually received
for premiums carried
out 2030232 74 428624 75
11 Received for interests on bonds and mortgages and divi
dends 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
2458857 49
67587 04
3863 21
1235704 80 432361 61
15 Aggregate amount of income actually received during the
year in cash 2530307 74
VEXPENDITITBES DURING THE YEAB
Fire Riskp Marine and Inland
Gross amount actually paid
for losses including
10291427 losses occur
ring in previous years
Deduct all amounts actual
ly received for salvages
whether on losses of the
last or of previous year
839459 and all amounts
actually received for rein
surance in other compa
nies 11620775 total de
ductions
Net amount paid during
the year for losses 1140244 14
Paid for commissions or brokerage
Paid for salaries fees and other charges of officers clerks
agents and all other employees
Paid for State national and local taxes in this and other
States
All other payments and expenditures
Amount sent to home offices during the
year 114558 04
Aggregate amount of actual expenditures during the
year in cash 2389609 09
95460 66
29141 68
403219 93
9
10
1543464 07
506729 94
80470 75
96043 28
162901 05218
COMPTROLLERGENERALS REPORT
Business in the State of Georgia during the year
Fire Marine and Inland Ag regate
Risks written 3288476 00 467038 00 3755514 00
Premiums received gross 38912 31 2148 62 41060 93
Losses paid 15365 35 16 02 15381 37
Losses incurred 15467 59 16 02 15483 61
WILLIAMSBURGH CITY FIRE INSURANCE COMPANY OF BROOKLYN
NEW YORK
Marshall S Driggs President Frederick H Wat Secretary
Principal Office 13 Broadway Brooklyn N Y
Wm R Hoyt Atlanta Attorney for Service in Georgia
Icapital
1 Whole amount of capital stock
2 Amount paid up in cash
250000 00
250000 00
ii
ASSETS
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 607
50 interest accrued thereon 96145 total
4 Value of lands mortgaged exclusive of
buildings and perishable improvements 203250 00
5 Value of buildings mortgaged insured for
19950000 as collateral 196500 00
Total value of
carried inside 399750 0
6
said mortgaged premises
inside
9 Total par and market value of stocks and bonds owned ab
solutely by the company carried out at market value
11 Total amount loaned on stocks bonds and all other se
curities except mortgages
12 Cash in companys principal office
13 Cash belonging to the company deposited in bank
15 Interest due and accrued on stocks not included in mar
ket value uncollected
Interest due and accrued on collateral loans and uncol
lected
Cash in hands of agents and in course of transmission
All other assets both real and personal viz Rents due
and accrued
16
17
672929 76
237100 00
1568 95
1413345 00
44250 00
5767 16
296134 92
17133 99
184 37
157483 77
5311 45
Total assets of the company actual cash market value 2851209 37COMPTROLLERGENERALS REPORT
219
IIILIABILITIES
1 Losses unpaid adjusted but not yet due 16802 10
2 Gross losses in process of adjustment or
in suspense including all reported and
supposed losses 73043 90
3 Losses resisted including interest costs
and other expenses thereon 9435 47
4 Total gross amount of claims for losses 99281 47
5 Deduct reinsurance thereon 8947 78
6 Net amount of unpaid losses 90333 69
7 Gross premiums without any deduction
received and receivable upon all unex
pired fire risks running one year or less
from date of policy 77114239 un
earned premiums fifty per cent 385571 20
8 Gross premiums without any deduction
received and receivable upon all unex
pired fire risks running more than one
year from date of policy 115655511
unearned premiums pro rata 619033 23
11 Total unearned premiums as computed above carried
out 1004604 43
19 All other demands against the company absolute and con
tingent due and to become due admitted and contested 14178 22
20 Total amount of all liabilities except capital stock and
net surplus 1109116 34
21 Joint stock capital actually paid up in cash 250000 00
23 Surplus beyond capital and all other liabilities 1492093 03
24 Aggregate amount of all liabilities including capital paid
up and net surplus 2851209 37
IVINCOME DURING THE YEAR
Fire Eisks
7 Entire premiums collected during the
year
8 Deduct reinsurance and return premiums

1483464 29
299963 11
9 Net cash actually received for premiums carried out
10 Received for interest on bonds and mortgages
11 Received for interests and dividends on stocks and bonds
collateral loans and from all other sources
12 Income received from all other sources omitting increase
if any in value of securities viz Rents 5721288
profit on sale or maturity of ledger assets 12736100
15 Aggregate amount of income actually received during the
year in cash
1183501 18
10587 75
58880 89
184573 88
1437543 70220
COMPTROLLERGENERALS REPORT
VEXPENDITURES DURING THE YEAR
1 Gross amount actually paid for losses in
cluding 8205104 losses occurring in
previous years
2 Deduct all amounts actually received for
salvages whether on losses of the last
or of previous year 231969 and all
amounts actually received for reinsur
ance in other companies 7174652 to
tal deductions
Fire Risks
612166 62
74066 21
3 Net amount paid during the year for losses 538100 41
4 Cash dividends actually paid stockholders amount of
stockholders dividends declared during the year 75000 00
6 Paid for commissions or brokerage 297461 90
7 Paid for salaries fees and other charges of officers clerks
agents and all other employees 100595 36
8 Paid for State national and local taxes in this and other
States 32305 28
9 All other payments and expenditures 101618 95
Aggregate amount of actual expenditures during the
year in cash 1145081 90
Business in the State of Georgia during the year
Fire risks written 1799583 00
Premiums received gross 27618 29
Losses paid TG0 70
Losses incurred 8470 47COMPTROLLERGENERALS REPORT
221
ATLANTA INDUSTRIAL LIFE INSURANCE COMPANY
J N McEachbrn President I M Sheffield Secretary
Principal Office 503 to 509 Austell Building Atlanta Ga
ICAPITAL STOCK
1 Amount of capital stock
paid up in cash 100000 00
Increase of capital during 1906 20000 00
Extended at 120000 00
IVASSETS AS PER LEDGER ACCOUNTS
6 Cost value of bonds and stocks owned excluding accrued
interest at time of purchase 115495 83
7 Cash in companys office 4504 17
13 Total net or ledger assets 120000 00
2ETNA LIFE INSURANCE COMPANY OF CONNECTICUT
M G Bulkeley President J M Parker Jr Secretary
Home Office 650 Main Street Hartford Conn
ICAPITAL STOCK
1 Amount of capital stock
authorized 500000000
subscribed for 2000000 00
2 Amount of capital paid up
in cash 2000000 00
3 Amount of net ledger assets as per bal
ance December 311904 69884536 93
Extended at 69884536 93
IIINCOME
As shown by the books at the home office at close of business Dec 31 1905
1 Entire premiums collected during the
year Accident 152240372 health
19743775 liability 230842334 4028264 81
2 Deduct reinsurance return premiums
and cancellation Accident 6692447
health 1286848 liability 20039548280188 43
19 Total net cash actually received for premiums 3748076 38
20 Interest on mortgage loans 1 659214 23
21 Interest on collateral loans 40747 1 4
22 Interest on bonds and dividends on stocks 1109965 59
23 Interest from all other sources 341704 79222
COMPTROLLERGENERALS REPORT
24 Gross rents from companys property in
cluding 2300000 for companys own
occupancy 39067 19
Discount on claims paid in advance 1578 63
25 Total interest and rents 3192277 57
26 Profit on sale or maturity of ledger assets 39573 33
35 Premium income life business 9980543 23
36 Total income during the year 16960470 51
IIIDISBURSEMENTS
As shown by the books at the home office at close of business Dec 31 1905
1 Gross amount paid for losses Accident
65449880 health 8609254 liabil
ity 71887286 1459464 20
2 Deduct salvage and reinsurance Acci
dent 1399999 health 136518 lia
bility 996198 25327 15
3 Net amount paid policyholders for losses 1434137 05
14 Investigation and adjustment of claims including legal
and other expenses in defense of suits against policy
holders viz Accident 1232841 health 31067
liability 7883281 87471 89
18 Commissions or brokerage less amount received on re
turn premiums and reinsurance for the following classes
Accident 51126310 health 5999097 liability
50359117 1074845 24
22 Stockholders for interest or dividends amount declared
during the year 50000 00
23 Salaries fees and all other compensation of officers and
home office employees 114142 61
24 Salaries traveling and all other expenses of agents not
paid by commissions 83041 06
25 Medical examiners fees and salaries 10697 24
26 Inspections other than medical 33761 21
27 Rents 30089 78
30 All other taxes licenses and insurance department fees 53658 20
31 Legal expenses not included in No 14 972 16
32 Advertising 10505 77
33 Printing and stationery 71482 05
34 Postage and express 34 0l 90
35 Furniture and fixtures 12441 90
37 Surrender value on accident policies 1174 00
40 Expense 17566 32
41 Profit and loss bills receivable etc 6064 51
42 Disbursements accident health and liability business 8126072 89
43 Disbursements life business 8777822 05
44 Total disbursements 11903894 94COMPTROLLERGENERALS REPORT
223
IVLEDGER ASSETS
As shown by the books at the home office at close of business Dec 31 1905
1 Book value of real estate unincumbered 636698 74
2 Mortgage loans on real estate first liens 34772470 23
3 Loans secured by pledge of bonds stocks or other collat
eral 1067975 38
4 Book value of bonds excluding interest 2249062901
book value of stocks 428437224 26775001 25
5 Cash in companys office 22329598 deposited in bank
700496651 7234262 49
6 Bill receivable 44682 41
8 Agents balances 54402 24
9 Loans made to policyholders on this companys policies
assigned as collateral 4050275 00
10 Premium notes or liens on policies in force of which
361123 is the first years premiums 305344 76
11 Ledger assets 74941112 50
NONLEDGER ASSETS
12 Interest due 8932644 and accrued 38715500 on mort
gages
476481 44
146872 52
13 Interest due 458500 and accrued 14228752 on bonds
14 Interest due 557222 and accrued 212500 on collat
eral loans
15 Interest due 24014202 and accrued 35799 on other
assets
16 Rents accrued on companys property or lease
18 Market value not including interest in item 13 of bonds
and stocks over book value 2802691 23
19 Gross premiums in course of collection viz Net amount
of uncollected and deferred premiums
7697 22
240500 01
1850 00
729727 74
37 Gross assets 79346932 66
DEDUCT ASSETS NOT ADMITTED
44682 41
54402 24
343 69
99428 34
39 Bills receivable
45 Agents balances unsecured
46 Premium notes loans or liens in excess
of reserve on policies
50 Admitted assets 79247501 32
VLIABILITIES
1 Losses and claims
In process of adjustment Accident 47
07208 health 514187
Reported proofs not received Accident
1200000 health 200000
Resisted Accident 10813033 health
175000
52213 95
14000 00
109880 33224
COMPTROLLERGENERALS REPORT
15 Net unpaid claims except liability claims 176094 2S
16 Special reserve for unpaid liability losses 1222730 09
17 Total unpaid claims and expenses of settlement
18 Gross premiums less reinsurance upon
all unexpired risks running one year or
less from date of policy 274862724
unearned premiums 50 per cent
19 Gross premiums less reinsurance upon
all unexpired risks running more than
one year from date of policy 9606379
unearned premiums pro rata
1398824 37
1374313 62
83100 10
20 Total unearned premiums and reserve as shown by recapit
ulation
25 Salaries rents expenses taxes bills accounts fees etc
due or accrued
38 Liabilitiesaccident health and liability business 2858238 09
39 Liabilitieslife business 69 313859 42
1457413 72
2000 00
40 Total amount of all liabilities except capital 72172097 51
41 Capital actually paid up in cash 2000000 00
42 Surplus over all liabilities 5075406 81
43 Surplus as regards policyholders
7075406 81
44 Total liabilities 79247504 32
Business in the State of Georgia during the year
Accident Health Liability
Gross premiums received on risks
written or renewed during the
year 43270 82
Gross losses paid 17612 31
Gross losses incurred 14096 97
5650 00
2174 55
3333 12
10520 65
2720 79
4595 79
Totals 5944147 22507 65 22025 88
CHICAGO LIFE INSURANCE COMPANY CHICAGO ILL
La Vehne Noyes President E C Brainakd Secretary
Principal Office 135 Adams Street Chicago 111
Hon W A Wkight Attorney for Service in Georgia
icapital stock
1 Amount of capital Istock
paid up in cash 150000 00
Amount of net or ledger assets December
31 of previous year 269965 33
Less borrowed money repaid 15000 00
Extended at 254965 33COMPTROLLERGENERALS REPORT
225
IIINCOME DURING YEAR 1905
1 Gash received for premiums on new poli
cies without deductions for commissions
or other expenses 85325 28
IJ Cash received for renewal premiums
without deductions for commissions or
other expenses 81678 33
4J From surrender values applied to pur
chase paidup insurance and annuities
see item 15 disbursements 538 00
Total 167541 61
6 Deduct amount of premiums paid to other
companies for reinsurance on policies in
this company new business 209878
renewals 147140 3570 18
7 Total premium income
9 Cash received for interest on bonds owned and dividends
on stock
10 Cash received for interest on premium notes loans or
liens
Total income
1
9
10
13
15
17
18
19
20
21
22
23
24
26
27
IIIDISBURSEMENTS FOR THE YEAR 1905
Cash paid for death claims including revisionary additions
Premium notes loans or liens voided by lapse
Cash dividends paid policyholders
Surrender values paid in cash
Surrender values applied to purchase paid up insurance
and annuities see item 4J income
Total paid policyholders 20597 64
Cash paid for commissions and bonuses to agents less
commission on reinsurance new policies 6561257
renewal premiums 801359
Cash paid for agency expense
Cash paid for medical examiners fees 517078 inspec
tion of risks 169606
Cash paid for salaries and all other compensation of offi
cers and other home office employees
Cash paid for taxes on new premiums 150374 on re
newals 29296
Cash paid for personal property tax
Cash paid for insurance department fees and agents
licenses
Cash paid for rent including companys occupancy
Cash paid for furniture fixtures and safes for home and
agency offices
Cash paid for advertising 88669 printing 588724
postage 137042
15 In
163971 43
8587 50
1118 10
173677 03
15750 00
3824 41
48 00
437 23
538 00
7626 16
7586 40
6866 84
23237 15
1796 70
39 36
1195 85
3370 46
631 29
8144 35
226
COMPTROLLERGENERALS REPORT
28 Cash paid for legal expenses 2605 30
29 Cash paid for the following items viz Loss on sale of
honds 450000 collections 1053 interest 39640
telephone and telegraph 46564 subscriptions 23386
electricity 18148 medical directors fees 1220000
traveiing expenses 2900 surety bonds 14650 petty
office expense 42650 actuarial ins 2700 total 5899 40
30 Total disbursements
IVASSETS AS PER LEDGER ACCOUNTS
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 all was received during the year
6 Cost value of bonds and stocks owned excluding accrued
interest at time of purchase
7 Cash in companys office
8 Cash deposited in banks
10 Agents ledger balances advanced during the year
11 Total net or ledger assets
12 Deduct depreciation from cost of assets to bring same to
market value
158314 41
21283 51
1206 42
222612 60
50 00
12494 50
12680 92
270327 95
11827 60
13 Total net or ledger assets less depreciation 258500 35
OTHER ASSETS
15 Interest due 95000 and accrued 1
31517 on bonds and stocks
17 Interest accrued on premium notes loans
or liens
2265 17
495 52
Total carried out
New Business Renewals
23 Gross premiums due and un
reported on policies in force
December 31 1905 13827 30 12459 46
24 Gross deferred premiums on
policies in force December
313905 2255 41 2216 21
2760 63
Totals 16082 71
25 Deducting loading 15 per cent
on new and 15 per cent
on renewals 2 412 41
14705 67
2205 85
26 Net amount of uncollected
and deferred premiums 13670 30 12499 82
27 Furniture fixtures and safes 2900 supplies and station
ery 2000 total
28 Total assets as per the books of the company
26170 12
4900 00
292331 16COMPTROLLERGENERALS REPORT
227
ITEMS NOT ADMITTED
2 Furniture fixtures and safes 290000
stationery 1200000 4900 00
6 Agents balances 12680 92
Total 17580 92
9 Total assets less items not admitted 274750 24
VLIABILITIES
1 Net present value of all the outstanding pol
icies in force on the 31st day of Decem
ber 1905 computed according to the
Actuaries table of mortality with four
per cent interest 108841 00
Deduct net value of risks of this com
pany reinsured in other solvent
companies 2539 00
Net reinsurance reserve 106302 00
2 Premium notes or loans on policies and
other obligations in excess of the net
value of their policies 8750 30
5 Claims for death osses and matured en
dowments in process of adjustment or
adjusted and not due 7000 00
6 Claims for death losses and other policy
claims resisted by the company 10000 00
Total policy claims 25750 30
16 Amount of any other liability of the company viz Pre
miums paid in advance 1101019 miscellaneous
148292 2493 11
17 Liabilities on policyholders account 134545 41
18 Gross surplus on policyholders account 140204 83
19 Total liabilities 274750 24
Business in Georgia during 1905
No Amount
Number and amount of policies on the lives of citizens
of Georgia in force December 31 of previous
year 188 320150 00
Number and amount of policies on the lives of
citizens of Georgia issued during the year 165 332750 00
Total 353 652900 00
Deduct number and amount which have ceased to be
in force during the year 59 103400 00
Total number and amount of policies in force
in Georgia December 31 1905 294 549500 00228 COMPTROLLEtGENERALS REPORT
Amount of losses and claims on policies incurred
during the year 1 2000 00
Total 1 2000 00
Amount of losses and claims on policies paid during
the year 1 2000 00
Amount of premiums collected or secured in Georgia during
the year in cash 1750337 notes or credit 55618
without any deduction for losses dividends commis
sions or other expenses total 18059 55
CITIZENS LIFE INSURANCE COMPANY OF LOUISVILLE KY
W H Gregory President L W Key Secretary
Principal Office Union National Bank Building Louisville Ky
H H Cabaniss Atlanta Attorney for Service in Georgia
I CAPITAL STOCK
Amount of capital stock
paid up in cash 148240 00
Amount of net or ledger assets Decemher
31 of previous year
Increase of capital during 1905
129168 83
48240 00
Extended at
IIINCOME DURING YEAR 1905
1 Cash received for premiums on new poll
cies without deductions for commis
sions or other expenses
Cash received for renewal premiums
without deductions for commissions or
other expenses
From dividends applied to pay running
premiums see item 11 Disbursements
n
3
252428 72
20232 35
700 35
273m 42
Total
6 Deduct amount of premiums paid to other
companies for reinsurance on policies in
this company renewals 4878
7 Total premium income
8 Cash received for interest on mortgage loans
9 Cash received for interest on bonds owned and dividends
on stock
10 Cash received for interest on premium notes loans or
liens
11 Cash received for interest on other debts due the com
pany
177408 83
268482 65
1078 72
2362 51
7 63
1676 76
COMPTROLLERGENERALS REPORT
14 Cash received for profits on sales of bonds or stocks
19 From all other sources viz Surplus per sale of stock
3816300 cash with applications 673524 home office
building 55000 00
Total income
IIIDISBURSEMENTS FOB THE YEAR 1905
1 Cah paid for death claims including revisionary addi
tions
10 Cash dividends paid policyholders
17 Cash paid for commissions and bonuses to agents less
commissions on reinsurance new policies
19 Cash paid for medical examiners fees 1283600 in
spection risks 333377
20 Cash paid for salaries and all other compensation of offi
cers and other home office employees
23 Cash paid for insurance department fees and agents
licenses 59846 municipal licenses 123370
24 Cash paid for rent
26 Cash paid for furniture fixtures and safes for home and
agency offices
27 Cash paid for advertising 273941 printing 698775
postage 244404
28 Cash paid for legal expenses
29 Cash paid for the following items viz Agents expenses
3981870 interest 1991 general expenses 379214
office expenses 232393 collections 5222 paid on
home office building 1900000
30 Total disbursements
IVASSETS AS PER LEDGER ACCOUNTS
1 Cost value of real estate exclusive of all incumbrances
2 Loans on mortgage first liens on real estate
3 Loans secured by pledge of bonds stocks or other mar
ketable collateral
Premium notes
Cost value of bonds and stocks owned excluding accrued
interest at time of purchase
Cash in companys office
Cash deposited in banks
Agents ledger balances
B
10
13 Total net or ledger assets
OTHER ASSETS
14 Interest due and accrued on mortgages
15 Interest due and accrued on bonds and
stocks
16 Interest due and accrued on collateral
loans
229
150 62
99898 24
373657 13
9000 00
735 00
117633 62
16169 77
26258 13
1832 10
1782 19
4520 65
12171 20
750 00
65036 90
255854 91
55000 00
47117 00
25725 00
25300 73
36450 00
7418 18
93162 1
5037 9
295211 Of
499 95
67 09
259 13
Total carried out
826 17230
COMPTROLLERGENERALS REPORT
23 Gross premiums due and un New Business
reported on policies in force
December 311905 44858 14
24 Gross deferred premiums on
policies in force December
31 1905 5043 83
Renewals
5754 04
1832 67
Totals 49901 97
25 Deducting loading 20 per cent
on new and renewals 99s0 39
7586 67
1517 33
26 Net amount of uncollected
and deferred premiums 3992158
27 Furniture fixtures and safes
6069 34
Total assets as per the books of the company
ITEMS NOT ADMITTED
2 Furniture fixtures and safes
5 Agents balances
5771 09
5037 98
45990 92
5771 09
347799 23
Total
9 Total assetp less items not admitted
VLIABILITIES
1 Net present value of all the outstanding
policies in force on the 31st day of De
cember 1905 computed by the Ken
tucky Insurance Department on the
combined table of mortality with 4 per
cent interestI
Deduct net value of riBVs of this company
reinsured in other solvent companies
10809 07
336990 16
69307 00
1950 00
Net reinsurance reserve
3 Claims for death losses due and unpaid
16 Amount of any other liability of the company
Bills payable
17 Capital stock
18 Surplus unaseigned
67357 00
1000 0G
9122 25
36000 00
148240 00
75270 91
19 Total liabilities 336990 16
Business in Georgia During 1905
Number and amount of policies on the lives of No Amount
citizens ol Georgia issued during the year 196 773000 00
Deduct number and amouut which have ceased to be
in force during the year 29 122500 00
Total number and amount of policies in force in
Georgia December 31 1905 167 650500 00COMPTROLLERGENERALS REPORT
231
947779 13
COLUMBIAN NATIONAL LIFE INSURANCE CO OF BOSTON MASS
Percy Parker President William H Brown Secretary
Principal Office 176180 Federal St Boston
Alfred C Newell Atlanta Attorney for Service in Georgia
ICAPITAL STOCK
1 Amount of capital stock
paid up in cashS 200000 00
Amount of net or ledger assets Decem
ber 31 of previous year 947779
Extended at
nINCOME DURING THE YEAR 1905
1 Cash received for premi
ums on new policies
without deductions for
commissions or other
expenses
1J Cash received for renewal
premiums without de
ductions for commis
sions or other expenses
2 Industrial premiums
5 Consideration for annui
ties other than matured
installment policies
637777 89
487025 74
269160 48
10239 15
Total 1404203 26
6 Deduct amount of premi
ums paid to other com
panies for reinsurance
on policies in this com
pany new business 6132 47
7 Total premium income
8 Cash received for interest on mortgage
loans
9 Cash received for interest on bonds
owned and dividends on stock
11 Cash received for interest on other debts
due the company
19 From all other sources viz Advance
payments for premiums and miscella
neous
1398070 79
5422 25
21256 75
12520 57
12642 22
Total income
1449912 58232
COMPTROLLERGENERALS REPORT
IIIDISBURSEMENTS POE THE YEAR 1905
1 Cash paid for death claims 153969 79
7 Total net amount actually paid for losses 153969 79
9 Premium notes loans or liens voided
by lapse 6609 88
10 Cash dividends paid policyholders 31i 23
13 Surrender values paid in cash includ
ing surrendered policies 6287 81
Total paid policyholders 167182 71
16 Cash paid stockholders for interest on
dividends 6 per cent per annum for
2 years from September 11 1902 to
March 11 1905 30000 00
17 Cash paid for commissions and bonuses
to agents less commission on reinsur
ance new policies 5761206 renew
als 3291539 on industrial 5530644 145833 89
18 Cash paid for salaries and allowances to
managers and agents 92248 17
19 Cash paid for medical examiners fees
1064110 inspection of risks 17
16985 27800 95
20 Cash paid for salaries and all other com
pensation of officers and other home
office employees 60 827 76
21 Cash paid for taxes on new premiums
22 Cash paid for taxes on reserves 8544 Hi
24 Cash paid for rent received under sub
tease 24316 81
26 Cash paid for furniture fixtures and
safes for home and agency offices 14413 13
27 Cash paid for advertising 369717 print
ing 979404 postage 284265 16333 86
28 Cash paid for real estate expenses other
than taxes For legal expenses 5030 74
29 Cash paid for the following items viz
telephone and telegraph 5240 33
Interest on bonds purchased 371960
premiums charged off bonds 134670 5066 30
Total miscellaneous expenses 454
33864 18i681 83
30 Total disbursements 62152135
8I Balance 1776170 36COMPTROLLERGENERALS REPORT
233
11
12
13
IVASSETS AS PER LEDGER ACCOUNTS
Loans on mortgage first liens on real
estate 178800 00
Loans secured by pledge of bonds stocks
or other marketable collaterals 40000 00
Loans made in cash to policyholders on
this companys policies assigned as
collateral 6163 30
Premium notes loans or liens on policies
in force of which 6033661 was re
ceived during the year 60336 61
Cost value of bonds and stocks owned
excluding accrued interest at time of
purchase 758657 18
Cash in companys office 179870 cur
rency 8035709 checks received De
cember 30 1905 too late for deposit 82155 79
Cash deposited in banks 650057 48
Total net or ledger assets as per balance 1776170 36
Deduct depreciation from cost of assets
to bring same to market value 8314 68
Total net or ledger assets less depreciation 1767855 68
14
15
17
18
OTHER ASSETS
Interest accrued on mortgages 1935 64
Interest accrued on bonds and stocks 8119 16
Interest accrued on premium notes pol
icy loans or liens 70 89
Interest accrued on other assets 594 74
Total carried out
23
24
25
26
Gross premiums due and
unreported on policies
in force December 31
1905
Gross deferred premiums
on policies in force De
cember 31 1905
Totals
Deducting loading 22 077A
per cent on new and
renewals
New Business
124106 28
16590 96
140697 24
31808 44
Renewals
60238 83
43987 19
104226 02
23563 13
10720 43
28
Net amount of uncollected
and deferred premiums 108888 80 80662 89 18955169
Total assets as per books of the company 1968127 80234 COMPTROLLERGENERALS REPORT
VLIABILITIES
1 Net present value of all outstanding pol
icies in force on the 31st day of Decem
ber 19 computed according to
American Experience Table of Mor
tality with per cent interest 1354592 00
Net reinsurance reserve 1354592 00
5 Claims for death losses and matured en
dowments in process of adjustment or
adjusted and not due 15131 25
6 Claims for death losses and other policy
claims resisted by the company 1650 00
Total policy claims 16781 25
10 Amount of all unpaid dividends of surplus or other de
scription of profits due policyholders lJ0 84
13 Amount due on account of salaries rents and office
expenses 8335 78
16 Amount of any other liability of the company viz Pre
miums paid in advance 126470J and miscellane
ous 229385 14940W
17 Liabilities on policyholders accountI 1394790 77
18 Gross surplus on policyholders account including cap
ital stock 20000000 573337 03
19 Total liabilities 1968127 80
Business in the State of Georgia during the year 1905
No Amount
Number and amount of policies on the lives of citizens
of Georgia issued during the year 59 237980 00
Total 39 237980 00
Deduct number and amount which have ceased to be
in force during the year 4 25000 00
Total number and amount of policies in force in Geor
gia December 31 1905 55 21298000
Amount of premiums collected or secured in Georgia
during the year in cash 525256 in notes or
credit 4000 total 529256COMPTROLLERGENERALS REPORT
235
CONNECTICUT MUTUAL LIFE INSURANCE COMPANY OF
HARTFORD CONN
John M Taylor President Herbert H White Secretary
Principal Office 36 Pearl Street Hartford Conn
Max L Byck Savannah Attorney for Service in Georgia
ICAPITAL STOCK
Amount of ledger assets as per balance
December 31 of previous year 1904 62921375 60
Extended at 62921375 60
II INCOME
As shown by the books at home office at close of business Dec 31 1905
1 First years premiums on original policies
without deduction for commissions or
other expenses 445636 96
2 Surrender values applied to pay first
years premiums 1658 71
3 Total first years premiums on original
policies 447295 67
5 Surrender values applied to purchase
paidup insurance and annuities 75399 74
6 Consideration for original annuities in
volving life contingencies 24299 67
8 Total new premiums 546995 08
9 Renewal premiums without deduction
for commissions or other expenses in
addition to items 10 and 11 4062376 01
10 Dividends applied to pay renewal pre
miums 868368 20
11 Surrender values applied to pay renewal
premiums 4225 62
13 Total renewal premiums 4934969 83
14 Total premium income 5481964 91
18 Interest on mortgage loans 1228115 75
19 Interest on collateral loans 1050 00
20 Interest on bonds and dividends on stocks 1136122 62
1 Interest on premium notes policy loans
or liens 74143 82
22 Interest on other debts due the company 24497 01
23 Discount on claims paid in advance 1432 32
24 Rent from companys property including
3500000 for companys own occupancy 512341 42
977 702 94
25 Total interest and rents oosok 9ft
26 Profit on sale or maturity of ledger assetsdd8J
mil 8493566 05
28 Total income236
COMPTROLLERGENERALS REPORT
DISBURSEMENTS
1 For death claims 4371857 52
2 For matured endowments 310680 00
3 Net amount paid for losses and matured endowments 4682537 52
4 For annuities involving life contingencies 17685 0
6 Surrender values paid in cash 488998 32
7 Surrender values applied to pay new premiums see in
come No 2 165871 to pay renewal premiums see
income No 11 422562 5884 33
8 Surrender values applied to purchase paidup insurance
and annuities see income No 6 75399 74
9 Dividends paid to policyholders in cash 245890 55
10 Dividends applied to pay renewal premiums see income
No 10 868368 20
12 Total paid policyholders 6384763 75
15 Commissions and bonuses to agents less commission on
reinsurance first years premiums 11394922 re
newal premiums 29073452 on annuities original
33040 405014 14
17 Salaries and allowances for agencies including mana
gers agents and clerks 45571 29
18 Agency supervision traveling and all other agency
expenses 16169 37
19 Medical examiners fees 24451 36
20 Salaries and other compensation of officers and home
office employees 166216 26
21 Rent including 350000 for companys own occupancy
less 26500 received under sublease 41578 72
22 Advertising 3533244 printing and stationery 3019166
postage 184124S 83936 58
23 Legal expenses 15039 84
25 Insurance taxes licenses and department fees 171713 34
26 Taxes on real estate 170937 08
27 Repairs and expenses other than taxes on real estate 217300 43
29 All other disbursements Express 236831 tele
graph 237118 traveling 758103 miscellaneous
1251384 24837 36
30 Total disbursements 7767579 52
IVLEDGER ASSETS
1 Home office property 1916236 00
Book value of real estate unincumbered 8422540 90
2 Mortgage loans on real estate first liens 23761690 48
3 Loans secured by pledge of bonds stock or other col
lateral 30000 00
4 Loans made to policyholders on this companys policies
assigned as collateral 861615 00
5 Premium notes on policies in force 461927 76COMPTROLLERGENERALS REPORT
237
6 Book value bonds excluding interest 2557112434
stocks 82907625 26400200 59
7 Deposited in trust companies and banks on interest J
P Morgan Co New York 74211921 First National
Bank Hfd 23787104 State Bank Hfd 24413032
Phoenix Nation tl Bank Hfd 20992939 1434049 99
8 Deposited in banks not on interest Oonn Trusr S
D Co Hfd 27847722 City Bank Hfd 5493888 333416 10
9 Bills receivable 8000 agents balances 116265 1242 65
State of New York comptrollers certificates 24442 69
10 Total ledger assets 63647362 13
11
12
18
14
15
16
NONLEDGER ASSETS
Interest due 3065634 and accrued
48731479 on mortgages 517971 13
Interest accrued on bonds and stocks 257540 51
Interest accrued on collateral loans 437 50
Interest due 9939866 and accrued
1411026 on premium notes policy
loans or liens 113508 92
Interest accrued on other assets 661 99
Rents due 551194 and accrued
1675188 on companys property or
lease 22263 82
17
19
21
23
24
25
Total interest and rents due and accrued
Market value not including interest in item 12 of bonds
and stocks over book value
Gross premiums due and un New Business Renewal
reported on policies in force
December 31 1905 5793 96 82377 00
Gross deferred premiums on
policies in force December
311905 41829 39 348645 78
Totals 47623 35 431022 78
Deduct loading 19 per cent 9048 44 81894 33
Net amount of uncollected and
deferred premiums 38574 91
349128 45
912383 87
1092721 91
389703 36
27 Gross assets 66040171 27
DEDUCT ASSETS NOT ADMITTED
30
32
35
36
Agents debit balances
Bills receivable
1162 65
80 00
Total
1242 65
Total admitted assets 66038928 62238
COMPTROLLERGENERALS REPORT
VLIABILITIES
1 Net present value of all the outstanding
policies in force on the 31st day of De
cember 1905 as computed by the com
pany on the combined experience or
actuaries table of mortality with 4 per
cent interest 58658873 00
Same for annuities including those in re
duction of premiums 182495 00
Net reserve 58841368 00
3 Liability on policies canceled and not included in item 1
upon which a surrender value may be demande 1 156911 00
4 Claims for death losses due and unpaid 24777 58
5 Claims for death losses in process of ad
justment or adjusted and not due 208249 00
6 Claims for death losses which have been
reported and no proofs received 94017 00
7 Claims for matured endowments due and
unpaid 16818 00
8 Claims for death losses and other policy
claims resisted by the company 5030 00
9 Due and unpaid on annuity claims involv
ing life contingencies 58 68
10 Total policy claims
12 Premiums paid in advance including surrender values so
applied
19 Dividends or other profits due policyholders including
those contingent on payment of outstanding and de
ferred premiums
22 Real estate contingent depreciation account
24 Unassigned funds surplus
348920 26
37772 59
1440816 06
300000 00
4913140 71
25 Total liabilities 6603S928 62
Business in Georgia during 1905
Policies on the lives of citizens of said State in force No Amount
December 31 1904 489 1356207 00
Policies on the lives of citfzens of said State issued
increased and revived during the year 64 166602 00
Total 553 1522809 00
Deduct ceased to be in force and decreased during
the year 31 106977 00
Policies in force December 31 1905 522 1415832 00
Losses and claims unpaid December 31 1904
Losses and claims incurred during the year
1
13
1320 00
47890 00
Total
14
49210 00COMPTROLLERGENERALS REPORT
Losses and claims settled during the year in cash
4654402 by compromise 16598
13
239
46710 00
Losses and claims unpaid December 31 1905 IS
Premiums collected or secured in cash and note or credits
without any deductions for losses dividends commissions
or other expensesS
2500 00
38113 12
EQUITABLE LIFE ASSURANCE SOCIETY OF THE
UNITED STATES
Paul Morton President William Alexander Secretary
Principal Office 120 Broadway New York
Henry H Steiner Atlanta Attorney for Service in Georgia
ICAPITAL STOCK
Amount of capital stock
paid up in cash 100000 00
Amount of net or ledger assets Decem
ber 31 of previous year 385383343
Extended at
IIINCOME DURING THE YEAR 1905
385383343 96
1 Cash received for premiums on new poli
cies without deductions for commis
sions or other expenses 5319256 26
1 Cash received for renewal premiums
without deductions for commissions or
other expenses 52016919 98
2 From dividends applied to purchase
paidup additions and annuities 1103065 40
4 From surrender values applied to pur
chase paidup insurance and annuities 2057789 59
4 Consideration for supplementary con
tracts involving life contingencies b01180 00
5 Consideration for annuities other than
matured installment policies 1080937 88
7 Total premium
income 61879149 11
1 Consideration for supplementary not involving life
contingencies
181381 70
8 Cash received for interest on mortgage loans 3614735 15
9 Cash received for interest on bonds owned and divi
dends on stock 9252288 95
i0 Cash received for interest on premium notes loans or
1 liens 144900066
11 Cash received for interest on other debts due the com
pany collateral loans 31881 40
12 Interest on other debts due the company 607561 16240
COMPTROLLERGENERALS REPORT
13 Cash received for rents for use of companys property
including 37852500 for companys own occupancy 1903758 20
16 Profit on sale of ledger assets 1760525 44
19 From all other sources viz Adjustment book value
stock and bonds 8425038 00
Total income 89105319 77
IIIDISBURSEMENTS FOR THE YEAR 1905
1 Cash paid for death claims including
revisionary additions 18651359 04
3 Cash paid for matured endowments and
additions thereto 4083451 29
Total 22734810 33
6 Deduct amount received from other
companies for losses or claims on poli
cies of this company reinsured 5000 00
7 Net amount actually paid for losses and matured endow
ments 22729810 33
8 Cash paid to annuities 1057785 84
10 Cash dividends paid policyholders 5605937 55
12 Cash dividends applied to purchase paidup additions and
annuities see item 3 income 1103065 40
13 Surrender values paid in cash 8605185 7S
15 Surrender values applied to purchase paidup insurance
and annuities see item 4 income 2057789 59
Total paid policyholders4115957449
16 Cash paid stockholders for interest on dividends 7000 00
17 Cash paid for commissions and bonuses to agents less
commission on reinsurancenew policies 317358532
renewals 420588142 on annuities 2529672 7404763 46
18 Cash paid for salaries and allowances to managers and
agents 754203 09
Oah paid for medical examiners fees 48127681
inspection of risks 12305008 604326 89
Gash paid for salaries and all other compensation of
officers and other home office employees 1430238 05
Agency supervision and all other agency expenses 263216 76
Cash paid lor taxes on real estate 351760 44
21 Cash paid for insurance department fees agents and
municipal licenses 38318 95
21 Cash paid for rent companys occupancy 399696 00
25 Cash paid for commuting commissions H4534 89
253 Losses on sales of real estate 245263 57
26 Cash paid for furniture fixtures and safes for home
and agency offices 27075 42
27 Cash paid for advertising 24793349 printing and sta
tionery 20870562 postage 12137603 including
9352218 for improvements 578015 14
19
20
21COMPTROLLERGENERALS REPORT
241
29
28 Gash paid for real estate expenses other than taxes
55972655 for legal expenses 13657059 696297 14
Cash paid for the following items viz Paid for claims
on supplementary contracts not involving life contin
gencies 147208 99 extraordinary expenses incurred
through the several examinations of the society 45o
688 82 agents balances written off loss on policies by
forgery loss through adjustment of assets and liabili
ties not previously carried on books 352538 12 re
duction book value of real estate reserve to provide
for loss on agents and other balances etc 9360033 97 10313467 90
30 Total disbursements 64761752 19
IVASSETS AS PEB LEDGER ACCOUNTS
1 Book value of real estate exclusive of all incumbrances 28459270 00
2 Loans on mortgage first liens on real estate 86530982 50
3 Loans secured by pledge of bonds stocks or other mar
ketable collaterals 215000 00
4 Loans made in cash to policyholders on this companys
policies assigned as collateral 29340265 53
6 Book value of bonds and stocks owned excluding
accrued interest at time of purchase 243706855 00
7 Cash in companys office 27072 09
8 Cash deposited in banks and trust companies 14532322 06
10 Agents ledger balances after deducting reserve for
doubtful accounts 7156888 72
Refund of taxes due from several States 250229 72
11 Total net or ledger assets 410218885 62
12 Deduct liabilities carried on books but included per
contra 491974 08
13 Total net ledger assets
409726911 54
OTHER ASSETS
14 Interest due 2799945 and accrued 35473061 on
mortgages
15 Interest accrued on bonds and stocks
16 Interest accrued on collateral loans
18 Interest due 9703612 and accrued 20000000 on other
assets
19 Rents due 5125424 and accrued on companys prop
erty or lease 102248 49
16 in
382730 06
2984915 00
2238 89
297036 12
153502 73242
COMPTROLLERGENERALS REPORT
23 Gross premiums due and
unreported on policies
in force December 31
1905
24 Gross deferred premiums
on policies in force De
cember 311905
Totals
25 Deducting loading 20 per
cent
New Business
Renewals
741990 00 4812794 00
164353 00 2947492 00
906343 00
181269 00
7760286 00
1552057 00
26 Net amount of uncollected
and deferred premiums
Agents balances
725074 00 6208229 00
6933303 00
1145 50
Total assets as per books of the company 420973756 92
ITEMS NOT ADMITTED
5 Agents balances 7158034 22
8 Interest on agents balances 200000 00
Total
7358034 22
9 Total assets less items not admitted 413615722 70
V LIABILITIES
I Net present value of all outstanding poli
cies in force on the 31at day of Decem
ber 1905 computed according to the
actuaries table of mortality with four
per cent interest and the American
experience table of mortality with
three and three and onehalf per cent
interest 329676707 00
Same for reversionary additions and
annuities 15964845 00
1451110 00
740 35
Net reinsurance reserve 345641552 00
Present value of amounts not yet due on supplementary
contracts not involving life contingencies computed
by the society
2 Premium notes or loans on policies and other obligations
in excess of the net value of their policies
3 Claims for death losses due and unpaid 2611 00
4 Claims for matured endowments due
and unpaid
5 Claims for death losses and matured
endowments in process of adjustment
or adjusted and not due
5 Claims for death losses which have
been reported and no proofs received
7 Amounts due and unpaid on annuity
claims
408090 32
200356 38
2224414 00
16368 00
Total policy claims 2905491 95COMPTROLLERGENERALS REPORT
243
10 Amount of all unpaid dividends of surplus or other de
scription of profits due policyholders 566776 19
11 Premiums paid in advance including surrender values
so applied 568836 00
13 Amount du on account of salaries rents and office ex
penses etc in excess of the loading deducted from
overdue premiums 296 584 99
16 Amount of any other liability of the company viz In
terest paid in advance 78000000 rents paid in ad
vance 8307678 deposit on policy proposals 22
39839 capital stock 10000000 985475 17
18 Gross surplus on policyholders account including re
serve for distribution on deferred dividend policies at
the end of their accumulation periods 61099156 05
19 Total liabilities 413615722 70
Amount
16380062 00
2759223 00
in the State of Georgia during the year
No
Number and amount of policies on the lives of citi
zens of Georgia in force December 31 of previous
year 7395
Number and amount of policies on the lives of citi
zens of Georgia issued during the year 1429
Total 8824 19139285 00
Deduct number and amount which have ceased to
to be in force during the year 1591 3246028 00
Total number and amount of policies in force
in Georgia December 31 1905 7233
Amount of losses and claims on policies in Georgia
unpaid December 31 of previous year 10
Amount of losses and claims on policies in Georgia
incurred during the year 110
Total 120
Amount of losses and claims on policies in Georgia
paid during the year 116
Amount of premiums collected or secured in Georgia during
the year in cash without any deduction for losses divi
dends commissions or other expenses
15893257 00
20095 00
315845 00
335940 00
312990 00
530895 99244
COMPTROLLERGENERALS REPORT
FIDELITY MUTUAL LIFE INSURANCE COMPANY PHILADELPHIA
PENNSYLVANIA
L G Fouse President W S Campbell Secretary
Principal Office 112116 N Broad Street Philadelphia Pa
N F Jackson Atlanta Attorney for Service in Georgia
ICAPITAL STOCK
Amount of net or ledger assets December
31 of previous year 7107489 27
Extended at 7107489 27
IIINCOME DURING YEAR 1905
1 Cash received for premiums on new poli
cies without deductions for commis
sions or other expenses 655566 44
Cash received for renewal premiums
without deductions for commissions or
other expenses 2916031 40
2 Premium notes loans or liens taken in
part payment for premiums on new
policies 68642 28
2 Premium notes loans or liens taken in
part payment for renewal premiums 243422 81
3 From dividends applied to pay running
premiums see item 11 disbursements 32S87 85
3 From dividends applied to purchase
paidup additions and annuities see
item 12 disbursements 595 SO
4 From surrender values applied to pay run
ning premiums see item 14 disburse
ments 1187 65
5 Consideration for annuities other than ma
tured installment policies 2642 12
Total 3920976 35
6 Deduct amount of premiums paid to other
companies for reinsurance on policies iu
this company new business 1227364
renewals f55400 2827 64
7 Total premium income
8 Cash received for interest on mortgage loans
9 Cash received for interest on bonds owned and dividends
on stocks
10 Cash received for interest on premium notes loans or liens
11 Cash received for interest on other debts due the comp my
13 Cash received for rents for use of companys property in
cluding 3250000 for ompanys own occupancy
3318148 71
25331 37
156328 30
71593 95
55859 36
82754 73COMPTROLLERGENERALS REPORT
245
14 Cash received for profits on sales of bonds or stocks and
real estate 21568 20
18 Policy fees 4440 85
19 From all other sources viz Policy exchange 1234396 08
Total income 5570421 55
IIIDISBURSEMENTS POE THE YEAE 1905
1 Cash paid for death claims including re
versionary additions 1181240 83
5 Cash paid for sums falling due during the
year on installment policies 17755 73
Total 1198996 56
6 Deduct amount received from other com
panies for losses or claims on policies of
this company reinsured 15 000 00
8
10
11
12
13
14
17
18
19
20
21
22
23
24
25
26
27
Total net amount actually paid for losses and matured
endowments
Cash paid to annuitants
Cash dividends paid policy holders
Cash dividends applied to pay running premiums see
item 3 income
Cash dividends applied to purchase paidup additions and
annuities see item 3 income
Surrender values paid in cash
Surrender values applied to pay running premiums see
item 4 income
Total paid policyholders 1376722 17
Cash paid for commissions and bonuses to agents less
commission on reinsurance new policies 44064212
renewals 21123470 annuities 3000
Agency supervision traveling and all other expenses
Cash paid for salaries and allowances to managers and
agents
Cash paid for medical examiners fees 4872129 inspec
tion of risks 2144062
Cash paid for salaries and all other compensation of officers
and other home office employees
Cash paid for taxes on premiums
Cash paid for taxes on real estate and investments
Cash paid for insurance department fees and agents
licenses 886454 municipal licenses 40678
Cash paid for rent including 3250000 companys occu
pancy less 50000 received under sublease
Cash paid for commuting commissions
Loss on sale or maturity of ledger assets
Cash paid for furniture fixtures and safes for home and
agency offices
Cash paid for advertising 2550533 printing 3839897
postage 2127748
1183996 56
1202 09
15015 68
32887 85
595 80
141836 54
1187 65
651906 82
69209 33
111864 50
70161 91
174555 88
54097 62
20850 84
9271 32
58093 19
31241 91
14943 54
8057 06
85181 78246
COMPTROLLERGENERALS REPORT
28 Cash paid for real estate expenses other than taxes 26
28493 for legal expenses 829838 34583 31
29 Cash paid for the following items viz Expressage and
telegrams 608354 dining service midday meals
1204796 miscellaneous expenses 651357 24645 07
Total miscellaneous expenses 1418664 08
30 Total disbursements
2795386 25
IVASSETS AS PER LEDGER ACCOUNTS
1 Cost value of real estate exclusive of all incumbrances
2 Loans on mortgage first liens on real estate
3 Loans secured by pledge of bonds stocks or other market
able collaterals
4 Loans made in cash to policyholders on this companys
policies assigned as collateral
5 Premium notes loans or liens on policies in force of which
6864228 was received during the year
6 Cost value of bonds and stocks owned excluding accrued
interest at time of purchase
7 Cash in companys office
8 Cash deposited in banks
9 Bills receivable
10 Agents ledger balances
13 Total net or ledger assets
OTHER ASSETS
14 Interest due 262500 and accrued 13
51688 on mortgages 16141 88
15 Interest due 100000 and accrued 149
77989 on bonds and stocks 50779 89
16 Interest accrued on collateral loans 1405 14
17 Interest accrued on premiums notes loans
or liens 56747 99
19 Rents due on companys property or lease 798 60
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
nnreported on policies in
force December311905
24 Gross deferred premiums
on policies in force De
cember 31 1905
9230 94
40119 41
Renewals
162903 20
360112 07
1330070 74
844529 24
224575 00
2442918 19
312065 09
3933829 95
1135 06
258317 88
2247 87
532835 55
9882524 57
125873 50
39129 26
114881 40
49350 35 523015 27
Totals
25 Deducting loading 75 per
cent on new and 19
per centon renewals 37012 76 99372 90
26 Net amount of uncollected
and deferred premiums 12337 59 423642 37
28 Total assets as per the books of the company 1059S388 60
435979 9COMPTROLLERGENERALS REPORT
247
ITEMS NOT ADMITTED
5 Agents balances 532835 55
7 Bills receivable 2247 87
Total 535083 42
9 Total assets less items not admitted 10063305 27
VLIABILITIES
1 Net present value of all the outstanding
policies in force on the 31st day of De
cember 1905 computed according to the
actuaries table of mortality with four
per cent interest and American table
at Z per cent 861273100
Deduct net value of risks of this company
reinsured in other solvent companies 2475 00
Net reinsurance reserve 8610256 00
Special surplus 25995 00
2 Premium notes or loans on policies and
other obligations in excess of the net
value of their policies 2319 48
5 Claims for death losses and matured en
dowments in piocess of adjustment or
adjusted and not due 127147 40
6 Claims for death losses and other policy
claims resisted by the company 7500 00
8 Piesent value of unpaid amounts on ma
tured installment policies face 202
04011 155441 34
Total policy claims 292408 22
10 Amount of all unpaid dividends of surplus or other de
scription of profits due policyholders 22605 60
11 Commission due agents when premium notes are paid 33449 00
13 Amount due on account of salaries rents and office ex
19340 23
penses
16 Amount of any other liability of the company viz Pre
miums paidin advance 6395 33 liability on policies
cancelled and not included in item No 1 6119981215JH
17 Liabilities on policyholders account 9016560 36
18 Gross surplus on policyholders account 1046733 91
19 Total liabilitiee10635 27
Business in Georgia during 1905
No Amount
Number and amount of policies on the lives of citi
zens of Georgia in force December 31 of previous
year 248 COMPTROLLERGENERALS REPORT
Number and amount of policies on the lives of citi
zens of Georgia issued and paid for during the
year 253 548395 00
Total 1536 30792S1 00
Deduct number and amount which have ceased to be
in force during the year 190 327794 00
Total number and amount of policies in force in
Georgia December 31 1905 1346 2751487 00
Amount of losses and claims on policies in Georgia
unpaid December 31 of previous year 1 1000 00
Amount of losses and claims on policies in Georgia
incurred during the year 16 41000 00
Total 17 42000 00
Amount of losses and claims on policies in Georgia
paid during the year 16 39000 00
Amount of premiums collected or secured in Georgia during
the year in cash 7045865 and notes or credits 1228162
without any deduction for losses dividends commissions
or other expenses 82740 27
FRANKLIN LIFE INSURANCE COMPANY SPRINGFIELD ILL
Edgar S Scott President Henry Abels Secretary
Principal Office 5th and Monroe Streets Springfield 111
W T Ledisetter Rome Attorney for Service in Georgia
ICAPITAL stock
Amount of net or ledger assets December
31 of previous year 2186028 65
Extended at 2186028 65
IIINCOME DURING YEAR 1905
1 Received for premiums on new policies
without deductions for commissions or
other expenses 267456 68
1J Received for renewal premiums without
deductions for commissions or other ex
penses 761334 85
2 Premium notes loans or liens taken in
part payment for renewal premiums 114027 68
3 From dividends applied to pay running
premiums see item 11 disbursements 3833 25
4J From surrender values applied to purchase
paid up insurance and annuities see
item 15 disbursements 3165 06
Total 1149817 52COMPTROLLERGENERALS REPQRT
249
6 Deduct amount of premiums paid to other
companies for reinsurance on policies in
this company New business 71903
renewals li9792 1916 95
7 Total premium income 1147900 57
8 Cash received for interest on mortgaae loans 24383 09
9 Cash received for interest on bonds owned and dividends
on stock 11865 44
10 Received for interest on premium notes loans or liens 50428 49
11 Cash received for interest on other debts due the company 15091 79
13 Cash received for rents for use of companys property 9688 01
17 Premium notes loans or liens restored by revival of
policies 863 20
19 From all other sources viz Trust fund 14 75
Total income 1260235 34
IIIDISBURSEMENTS FOR THE YEAR 1905
1 Cash paid for death claims including re
versionary additions 244435 70
2 Premium notes loans or liens used in the
pavment of the same 1690 04
7 Total net amount actually paid for losses and matured en
dowments
11 Cash dividends applied to pay running premiums see
item 3 income
13 Surrender values paid
15 Surrender values applied to purchase paid up insurance
and annuities see item 4 iticome
Total paid policyholders 293090 26
17 Cash paid for commissions and bonuses to agents less
commission on reinsurance new policies 19242036
renewals 7335745
18 Cash paid for salaries and allowances to managers and
agents
19 Cash paid for medical examiners fees 16160 inspection
of risks 836862
20 Cash paid for salaries and all other compensation of offi
cers and other home office employees
21 Cash paid for taxes on new piemiums and renewals
22 Cash paid for taxes on investments
23 Cash paid for insurance department fees and agents li
censes
24 Cash paid for rent companys occupancy
25 Cash paid for commuting commissions
26 Cash paid for furniture fixtures and safes for home and
agency offices
27 Cash paid for advertising 108726 printing 1255366
postage 378995
246125 74
3833 25
17586 28
3165 06
265777 81
31310 21
24528 62
59662 99
10640 74
10583 55
5264 59
4005 00
28497 55
192 55
17430 87250
COMPTROLLERGENERALS REPORT
28 Cash paid for real estate expenses other than taxes
615190 for legal expenses 524394
29 Cash paid for the following items viz Premium and loss
on investments 1605227 collection 169399 in
vestment expenses 65375 miscellaneous 4123 46
Total miscellaneous expenses 49183 79
30 Total disbursements
11395 84
22523 47
IVASSETS AS PER LEDGER ACCOUNTS
1 Cost value of real estate exclusive of all incumbrances
2 Loans on mortgage first liens on real estate
3 Loans secured by pledge of bonds stocks or other mar
ketable collaterals
4 Loansvmade to policyholders on this companys policies
5 Premium notes in force during the year
6 Cost value of bonds and stocks owned excluding accrued
interest at time of purchase
8 Cash deposited in banks
10 Agents ledger balances
784904 05
120738 41
807650 00
45500 00
1161997 59
11676 90
476173 00
36167 44
1456 60
13 Total net or ledger assets 2631359 94
OTHER ASSETS
14 Interest accrued on mortgages 21104 23
15 Interest accrued on bonds and stocks 0720 79
16 Interest accrued on collateral loans 340 83
17 Interest accrued on premiums notes
loans or liens 23515 38
18 Interest accrued on other assets 20 62
19 Rents accrued ou companys property or
lease 242 64
Ttal carried out
21 Market value of bonds and stocks over cost
23 Gross premiums due and unreported on
policies in force December 31
24 Gross deferred premiums on policies in
force December 31
Renewals
444s 45
81625 98
51944 49
12848 14
Total
25 Deducting loading
126108 43
22496 95
26 Net amount of uncollected and deferred premiums
28 Total assets as per the books of the company
103611 48
2829764 05
ITEMS NOT ADMITTTD
5 Agentsbalances 1456 60
7 Loans liens and net premiums in excess of
reserve 17130 14
Total
9 Total assets less items not admitted
18586 74
2811177 31COMPTROLLERGENERALS REPORT
251
VLIABILITIES
1 Net present value of all the outstanding
policies in forceonthe31st day of Decem
ber 1905 computed according to the
actuaries table of mortality with four
per cent interest
Deduct net value of risks of this com
pany reinsured in other solvent com
panies
2349052 00
1035 00
Net reinsurance reserve
Claims for death losses and matured en
dowments in process of adjustment or
adjusted and not due
Claims for death losses and other policy
claims resisted by the company
9 Amount of trust funds held by the com
pany
1 2348017 00
6
15262 38
6812 22
16595 18
Total policy claims
14 Amount due by the company for borrowed money
16 Amount of any other liability of the company viz Pre
miums paid in advance
Fund held for special class of policies 11003967
funds for all other contingencies
19 Total liabilities 2811177 31
38669 78
7417 99
6714 04
410358 53
Business in Georgia during 1905
Number and amount of policies on the lives of citi
zens of Georgia in force December 31 of pre
No
vious year
11895
Number and amount of policies on the lives of citi
zens of Georgia issued during the year 424
Total 2319
Deduct number and amount which have ceased to be
in force during the year 661
Total number and amount of policies in force
in Georgia December 31 1905 1658
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 8
2701083 00
591261 00
3292344 00
918582 00
I 2373762 00
1000 00
8749 45
Total 9
Amount of losses and claims on policies paid in Geor
gia during the year 8
Amount of premiums collected or secured in Georgia during
the year in cash and notes or credits without any deduc
tion for losses dividendscommissions or other expenses
9749 45
8710 87
76207 05252
COMPTROLLERGENERALS REPORT
THE GERMANIA LIFE INSURANCE COMPANY OF NEW YORK N Y
Coenklius Doremds President Carl Heye Secretary
Principal Office 20 Nassau St New York N Y
ICAPITAL STOCK
1 Amount of capital stock
paid up in cash 200000 00
Amount of netor ledger assets Decem
ber 31 of previous year 32857683 48
Extended at 32857683 48
IIINCOME DURING THE YEAR 1905
1 Cash received for premiums on new poli
cies without deductions for commis
sions or other expenses 641053 78
Cash received for renewal premiums
without deductions for commissions or
other expenses 3754095 77
3 From dividends applied to pay running
premiums see item 11 disbursements 1375S7 34
From dividends applied to purchase paid
up additions and annuities see item 12
disbursements 38317 90
From surrender values applied to pur
chase paidup insurance and annuities
see item 15 disbursements Ill 647 48
5 Consideration for annuities other than
matured installment policies 17442 82
li
SJ
4J
Total 4700145 09
6 Deduct amount of premiums paid to other
companies for renewals 4460 30
7 Total premium income
8 Cash received for interest on mortgage loans
9 Cash received for interest on bonds owned and dividends
on stock
10 Cash received for interest 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 3514000 for companys own occupancy
14 Cash received for profits on sales of bonds or stocks
16 From dividends and surrender values on reinsurances
19 From all other sources viz Consideration for supplemen
tary contracts involving life contingencies 77053 not
involving life contingencies 8441300 policv fees
227863
4695684 79
808693 06
395303 16
120430 22
11441 85
235271 05
11643 75
4212 45
7462 16
Total income
6290142 49COMPTROLLERGENERALS REPORT
25c
IIIDISBURSEMENTS FOB THE YEAR 1905
1 Cash paid for death claims including re
versionary additions 1337452 08
3 Cash paid for matured endowments and
additions thereto 1208437 91
5 Cash paid for sums falling due during the
year on installment policies 1875 00
Total 2547764 99
Deduct amount received from other com
panif s for losses or claims on policies of
this company reinsured of which 15
00000 is for matured endowments 15000 00
10
11
12
13
15
16
17
18
19
20
21
22
23
24
25
26
27
28
Total net amount actually paid for losses and matured en
dowments 2532764 99
Cash paid to annuitants 36776 11
Cash dividends paid policyholders including 421245 re
ceived on reinsurance 142469 77
Cash dividends applied to pay running premiums see
item 3 income 137587 34
Cash dividends applied to purchase paidup additions and
annuities see item 3J income 38317 90
Surrender values paid in cash 292874 85
Surrender values applied to purchase paidup insurance
and annuities see item 4J income 111647 48
Total paid policyholders329243844
Cash paid stockholders for interest and dividends 24000 00
Cash paid for commissions and bonuses to agents less
commission on reinsurance new policies 39534451
renewals 19391925 annuities 38576 589649 52
Cash paid for salaries and allowances to managers and
agents 125192 98
Cash paid for medical examiners fees 5358260 in
spection of risks 618230 59764 90
Cash paid for salaries and all other compensation of of
ficers and other home office employees 127478 95
Cash paid for taxes on renewals 37390 83
Cash paid for taxes on reserves 42350 on real estate
investments 3639991 36823 41
Cash paid for insurance department fees and agents
licenses 394307 municipal licenses 591585 9858 92
Cash paid for rent including companys occupancy 35140 00
Cash paid for commuting commissions 151 09
Cash paid for furniture fixtures and safes for home and
apncy offices 4615 37
Cash paid for advertising 2137044 printing 1284357
postage 1627265 50486 66
Cash paid for real estate expenses other than taxes 87
64234 for leal expenses 587224 93514 58254
COMPTROLLERGENERALS REPORT
29 Cash paid for the following items viz Losses on sales of
real estate 11026824 agency supervision traveling
and all other agency expenses 13768902 expressage
exchange and other expenses 3678395
Total miscellaneous expenses1378808 42
184741 21
30 Total disbursements 4671246 86
IVASSETS AS PER LEDGER ACCOUNTS
1 Cost value of real estate exclusive of all incumbrances 2974710 70
2 Loans on mortgage first liens on real estate 19429628 00
4 Loans made in cash to policyholders on this companys
policies assigned as collateral 2298387 89
6 Cost value of bonds and stocks owned excluding accrued
interest at time of purchase 9299836 28
7 Cash in companys office 2873 92
8 Cash deposited in banks 433227 87
10 Agents ledger balances 37914 45
13 Total net or ledger assets 34476579 11
OTHER ASSETS
14 Interest due 666628 and accrued 31645089 on
mortgages
15 Interest due 194666 and accrued 7525421 on bonds
and stocks
17 Interest accrued on premiums notes loans or liens
19 Rents due 92000 and accrued 617083 on companys
property or lease
21 Market value of bonds and stocks over cost
23 Gross premiums due and New Business Renewals
unreported on policies
in force December 31
1905 18846 04 45849181
24 Gross deferred premiums
on policies in force De
cember 311905 38162 90 368671 72
323117 17
77200 87
1381 02
7090 83
178989 07
Totals 57008 94 827163 53
25 Deducting loading 2250
percent 12827 01 18611180
26 Net amount of uncollected
and deferred premiums 4418193 64105173
685233 66
28 Total assets as per the books of the company 35749591 73
ITEMS NOT ADMITTED
5 Agents balances 37914 45
9 Total assets less items not admitted 35711677 28COMPTROLLERGENERALS REPORT
255
VLIABILITIES
1 Net present value of all outstandiug poli
cies in force on the 31st day of Decem
ber 1905 computed according to the
actuaries table of mortality with 4 per
cent interest and the American Ex
table with 3J and 3 per cent interest
respectively 30374707 00
Deduct net value of risks of this company
reinsured in other solvent companies 36358 00
Net reinsurance reserve 30338349 00
3 Claims for death losses due and unpaid 2578 04
4 Claims for matured endowments due and
unpaid 60464 00
5 Claims for death losses and matured en
dowments in process of adjustment or
adj usted and not due 192749 60
6 Claims for death losses aid other policy
claims resisted by the company 7404 60
7 Amounts due and unpaid on annuity
claims 1917 65
8 Present value of unpaid amounts on ma
tured installment policies 27685 73
Total policy claims 292799 62
10 Amount of all unpaid dividends of surplus or other de
scription of profits due policyhoiders 69631 78
16 Amount of any other liability of the company viz Pre
miums paid in advance 1105007 extra reserve for
absolute war and woild policies etc 10540738
amount of reserve on policies cancelled upon which a
surrender value may be demanded 624915 122706 60
17 Liabilities on policyhoiders account 30823487 00
18 Gross surplus on policy holders account 4888190 28
19 Total liabilities 35711677 28
20 Estimated surplus accrued on tontine or
other policies the profits upon which
are especially reserved for that class of
policies 1715990 30
21 Estimated surplus accrued on all other
policies 3172199 98
Businen in Georgia during 1905
No Amount
Number and amount of policies on the lives of citi
zens of Georgia in force December 31 of pre
vious year 524 705902 00
Number and amount of policies on the lives of citi
zens of Georgia issued during the year 214 327000 00
Total 738 1032902 00256
COMPTROLLERGENERALS REPORT
Deduct number and amount which have ceased to be
in force during the year 94 140583 Oft
Tctal number and amount of policies in force
in Georgia December 31 1905 644 892319 00
Amount of luseea and claims on policies in Georgia
incurred during the year 4 8933 00
Amount of losses and claims on policies in Georgia
paid during the year 4 8933 00
Amount of premiums collected or securtd in Georgia during
the year in cash without any deduction for losses dividends
commissions or other expenses 33957 35
HARTFORD LIFE INSURANCE COMPANY OF HARTFORD CONN
Geo E Keeney President Chas H Bacall Secretary
Principal Office Hartford Conn
W Edward Arnold 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 3211083 80
Extended at 3211083 80
IIINCOME DURING YEAR 1905
1 Cash received for premiums on new poli
cies without deductions for commissions
or other expensesf 121864 53
1J Cash received for renewal premiums
without deductions for commissions or
other expenses 1937018 53
2 Premium notes loans or liens taken in
part payment for premiums on new poli
cies 102 79
2i Premium notes loans or liens taken in
part payment for renewal premiums 3317 30
3 From dividends applied to pay running
premiums see item 11 disbursements 52827 22
3J From dividends applied to purchase paid
up additions and annuities see item 12
disbursements o3 42
Total 2115183 79
COMPTROLLERGENERALS REPORT
257
G Deduct amount of premiums paid to other
companies for reinsurance on policies in
this company new business 29623 re
newals 30612
10
11
13
14
602
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 in
cluding 350000 for companys own occupancy
Cash received for profits on sales of bonds or stocks
19 From all other sources viz Reinsurance premiums re
turned on canceled policies 275003 dues from safety
fund department 14543040 accident premiums 407
19 advance payments in safety fund department 9
17983 interest on collateral loans 17415
2114581 44
17292 31
70817 34
6809 75
7993 39
14207 46
1025 00
157941 60
Total income
2390668 29
IIIDISBUBSEMENTS FOR THE YEAH 1905
1 Cash paid for death claims including re
visionary additions 1748549 97
2 Premium notes loans or liens used in
payment of the same 27 54
7 Total net amount actually paid for losses and matured
endowments
9 Premium notes loans or liens used in purchase of sur
rendered policies 273827 voided by lapse 970342
11 Cash dividends applied to pay running premiums see
item 3 income
12 Cash dividends applied to purchase paidup additions and
annuities see item 3i income
13 Surrender values paid in cash
Total paid policyholders1832835 67
16 Cash paid stockholders for interest on dividends
17 Cash paid for commissions and bonuses to agents less
commission on reinsurance new policies 6811636
renewals 4065996
18 Cash paid for salaries and allowances to managers and
agents
19 Cash paid for medical examiners fees 983514 inspec
tion of risks 789444
20 Cash paid for salaries and all other compensation of offi
cers and other home office employees
748577 51
12441 69
52827 22
53 42
18935 83
40000 00
108776 32
17243 16
17729 58
87144 02
258
COMPTROLLERGENERALS REPORT
21 Cash paid for taxes on new premiums renewals and in
surance department fees 30187 51
22 Cash paid for taxes on investments 3899 IS
24 Cash paid for rent including 350000 companys oc
cupancy 7047 43
26 Cash paid for furniture fixtures and safes for home
and agency offices 5272 87
27 Cash paid for advertising 786977 printing 857182
postage 733048 23772 07
28 Cash paid for real estate expenses other than taxes 3
86730 for legal expenses 771225 11579 55
29 Cash paid for the following Items viz Agency super
vision traveling and all other agency expences 12
98579 loss on sale of ledger assets 338550 tax on
capital stock 253671 directors fees 31000 agents
bond premium 35907 fire insurance 102722 acci
dent commissions 6329 reinsurance accident premi
ums 30147 safety fund credits 188132 advance
payments applied 895534 31805 71
30 Total disbursements 2217293 07
IVASSETS AS PER LEDGER ACCOUNTS
1 Cost value of real estate exclusive of all
incumbrances 219806 00
2 Loans on mortgage first liens on real
estate 661000 00
4 Loans made in cash to policyholders on
this companys policies assigned as col
lateral 82687 96
5 Premium notes loans or liens on policies
in force of which 342009 was received
during the year 61003 29
6 Cost value of bonds and stocks owned ex
cluding accrued interest at time of pur
chase 742186 25
7 Cash in companys office 10172 57
8 Cash deposited in banks 376914 SS
10 Agents ledger balances 27539 30
Safety funds in security company of Hart
ford 1203148 77
11 Total net or ledger assets 33S4459 02
12 Deduct depreciation from cost of assets to
bring same to market value 66761 66
13 Total net or ledger assets less depreciation 3317697 36COMPTROLLERGENERALS REPORT
L59
OTHEB ASSETS
14 Interest due 17786 and accrued 1325033 on mort
gages
15 Interest due and accrued on bonds and stocks
17 Interest due and accrued on premiums notes loans or
liens
18 Interest due and accrued on other assets
19 Rents due and accrued on companys property or lease
20 Market value of real estate over cost
21 Market value of bonds and stocks over cost
13428 19
22941 SS
404 70
1391 95
844 53
6994 00
2305 38
23 Gross premiums due and
unreported on policies in
force December 31 1905
24 Gross deferred premiums
on policies in force De
cember 31 1905
New Business
19851 77
8421 52
Renewals
46307 07
67673 84
25
Totals
Deduct loading 70 per cent
on new and 20 per cent
on renewals
28273 29 113980 91
19791 30
22796 18
26 Net amount of uncollected
and deferred premiums 848199 91184 73
Net premiums in safety fund department in course of
collection
28 Total assets as per the books of the company
ITEMS NOT ADMITTED
5 Agents balances
9 Total assets less items not admitted
VLIABILITIES
1 Net present value of all the outstanding
policies in force on the 31st day of De
cember 1905 computed according to
the actuaries table of mortality with
four per cent interest and American
per cent
Deduct net value of risks of this com
pany reinsured in other solvent com
panies
99666 72
146000 00
3611674 71
27539 30
3584135 41
974275 05
2510 00
Net reinsurance reserve
3 Claims for death losses due and unpaid
5 Claims for death losses and matured en
dowments in process of adjustment or
adjusted and not due 156034 00
6 Claims for death losses and other policy
claims resisted by the company
971765 05
13521 67
28224 60
Total policy claims
197780 27260 COMPTROLLERGENERALS REPORT
10 Amount of all unpaid dividends of surplus or other de
scription of profits due policyholders and accumula
tions 3S214 35
11 Cost of collection in excess of loading 2827 33
12 Balance of taxes to credit of members 7053 60
13 Amount due on account of salaries rents and office ex
penses 3000 00
15 Net safety funds 1152975 30
16 Amount of any other liability of the company viz Pre
miums paid in advance 1018145 special reserve and
surplus on safety fund policies 221387 35 231568 SO
17 Liabilities on policyholders account 2605184 70
18 Gross surplus on policyholders account 978950 71
19 Total liabilities 3584135 41
20 Estimated surplus accrued on tontine or
other policies the profits upon which are
especially reserved for that class of poli
cies 33963 44
1 Estimated surplus accrued on all other
policies 2250 91
Given in liabilities item 10
Business in Georgia during 1905
No Amount
Number and amount of policies on the lives of citi
zens of Georgia in force December 31 of previous
year 1495 28075 09
Number and amount of policies on the lives of citi
zens of Georgia issued during the year 56 117164 00
Total 1551 2924673 00
Deduct number and amount which have ceased to be
in force during the year 376 732751 00
Total number and amount of policies in force in
Georgia December 31 1905 1175 2191922 00
Amount of losses and claims on policies in Georgia
unpaid December 31 of previous year 5 10500 00
Amount of losses and claims on policies in Georgia
incurred during the year 33 82000 00
Total 3S 92500 00
Amount of losses and claims on policiesin Georgia
paid during the year 34 S2500 00
Amount of premiums collected or secured in Georgia during
the year in cash and notes or credits without any deduc
tion for losses dividends commissions or other expenses 79760 91COMPTROLLERGENERALS REPORT
261
HOME LIFE INSURANCE COMPANY OF NEW YORK N Y
Geo E Ide President Ellis W Gladwin Secretary
W A Wright Atlanta Attorney for Service in Georgia
Home Office 256 Broadway New York N Y
ICAPITAL STOCK
1 Amount of capitl paid up in
cash 125000 00
Amount of ledger assets as per balance
December 31 of previous year 15967354 41
Extended at 15967354 41
IIINCOME DUEIXG YEAH 1905
First years premiums on original poli
cies without deduction for commissions
or other expenses less 514238 for first
years reinsurance
Dividends applied to purchase paidup
additions and annuities
Consideration for original annuities in
volving life contingencies
Consideration for supplementary con
tracts involving life contingencies
457133 75
224736 12
31125 85
8108 30
8 Total new premiums
9 Renewal premiums in addition to items
10 and 12 without deduction for com
missions or other expenses less 15
80369 for reinsurance on renewals
10 Dividends applied to pay renewal pre
miums
12 Renewal premiums for deferred annui
ties
721104 02
2418458 45
40471 94
31108 27
13 Total
renewal premiums 2490038 66
5000 00
14 Total premium income 3211142 68
15 Consideration for supplementary contracts not involving
life contingencies
18 Interest on mortgage loans 5
19 Interest on collateral loans
20 Interest on bonds and dividends on stocks
21 Interest on premium notes policy loans
or liens
22 Interest on other debts due the company
216171 80
521 62
347316 64
99764 73
19001 20262
COMPTROLLERGENERALS REPORT
23 Discount on claims paid in advance 601 43
24 Rent from companys property including
24000 for companys own occupancy 102602 39
25 Total interest and rents 785979 81
26 Profit on sale or maturity of ledger assets 38280 94
28 Total income 4040403 43
IIIDISBURSEMENTS FOB THE YEAB 1905
1 For death claims 78105291 additions
32200 781374 91
2 For matured endowments 34245500
additions 5267612 395131 12
3
4
6
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
25
26
27
29
30
Net amount paid for losses and matured endowments 1176506 03
For annuities involving life contingencies 35388 87
Surrender values paid in cash 243161 88
Dividends paid to policyholders in cash 5069 44
Dividends applied to pay renewal premiums see income
No 10 4047194
Dividends applied to purchase paidup additions and
annuities see income No 4 224736 12
Total paid policyholders 1725334 28
Paid for claims on supplementary contracts not involv
ing life contingencies 5391 45
Paid stockholders for interest or dividends 15000 00
Commissions and bonuses to agents less commission on
reinsurance first years premiums 23759971 renew
al premiums 17308375 on annuities original 2
92223 renewal 219862 415804 31
Commuting renewal commissions 1870 09
Salaries and allowances for agencies including man
agers agents and clerks 140545 76
Agency supervision traveling and all other agency ex
penses 2189 66
Medical examiners fees 3832500 inspection of risks
335512 41680 12
Salaries and all other compensation of officers and home
office employees 141262 52
Rent including 2400000 for companys own occupancy 24000 00
Advertising 1678004 printing and stationery 15727
70 postage 560250 38110 24
Legal expenses 3814 71
Insurance taxes licenses and department fees 47827 40
Taxes on real estate 12630 44
Repairs and expenses other than taxes on real estate 39168 75
All other disbursements Directors fees 528800 mis
cellaneous office expenses 952252 14810 52
Total disbursements 2669440 25COMPTROLLERGENERALS REPORT
233
IVASSETS AS PEB LEDGER ACCOUNTS
1 Book value of real estate unincumbered 1656699 76
2 Mortgage loans on real estate first liens 5005089 19
3 Loans secured by pledge of bonds stocks or other collat
eral 5950 00
4 Loans made to pollcyholders on this companys policies
assigned as collateral 1164674 00
5 Premium notes on policies in force of which 193160
is for first years premiums 571580 13
6 Book value of bonds excluding interest 647316715
stocks 193450015 8407667 30
7 Deposited in trust companies and banks on interest 439734 72
8 Cash in companys office 163783 deposited in banks
not on interest 2233414 23971 97
9 Agents balances 62950 52
10 Total ledger assets 17338317 59
NONLEDGER ASSETS
11 Interest due 2500 and accrued 20
66550 on mortgages 20690 50
12 Interest accrued on bonds and stocks 110522 12
13 Interest accrued on collateral loans 138 43
14 Interest accrued on premium notes pol
icy loans or liens 1970 10
15 Interest accrued on other assets 1000 00
16 Rents accrued on companys property or
lease 2950 85
17 Total interest and rents due and accrued
19 Market value not including interest in item 12 of bonds
and stocks over book value
New Business Renewals
21 Gross premiums due and
unreported on policies in
force December 31 1905 3885 17 162626 28
22 Gross deferred premiums
on policies in force De
cember 31 1905 19302 91 169940 25
23 Totals 23188 08 332566 53
24 Deduct loading 20 per cent 4637 62 66513 31
137272 00
189352 13
9R Net amount of uncollected
and deferred premiums 18550 46 266053 22 284603 68
27 Gross assets
17949545 40264
COMPTROLLERGENERALS REPORT
DEDUCT ASSETS XOT ADMITTED
30 Agents debit balances
62950 52
36 Total admitted assets 17886594 88
VLIABILITIES
1 Net present value of all the outstanding
policies in force on the 31st day of De
cember 1905 as computed by the in
surance department State of New York
on the combined Exp and American
tables of mortality with 3 Z2 and 4
per cent interest 14445865 00
Same for reversionary additions 1491908 00
Same for annuities including those in
reduction of premiums 406239 00
Total 16344012 00
Deduct net value of risks of this company
reinsured in other solvent companies 81195 00
Net reserve 16262817 00
2 Present value of amounts not yet due on supplementary
contracts not involving life contingencies computed by
the company 46050 00
6 Claims for death losses which have been
reported and no proofs received 49315 48
7 Claims for matured endowments due and
unpaid 6647 46
8 Claims for death losses and other policy
claims resisted by the company 3000 00
10 Total policy claims 58962 94
12 Premiums paid in advance including surrender values so
applied 37449 25
19 Dividends or other profits due policyholders including
those contingent on payment of outstanding and de
ferred premiums 5119 87
22 Other liabilities Unearned interest on cash loans made
to policyholders 2919379 unearned interest on pre
mium loans 1760156 fund voluntarily set aside to
meet possible fluctuations in the price of securities etc
22500000 271795 35
23 Capital stock 125000 00
24 Unassigned funds surplus 1079400 47
25 Total liabilities 17886594 88COMPTROLLERGENERALS REPORT 265
Business in Georgia luring 1905
No Amount
Policies on the lives of citizens of said State in force
December 31 of previous year 363 1043076 00
Policies on the lives of citizens of said State issued
during the year 250 532555 00
Total 613 1575631 00
Deduct ceased to be In force during the year 56 140764 00
Policies in force December 31 557 1434867 00
Losses and claims incurred during the year 4 6500 00
Losses and claims settled during the year in cash 3 6000 00
Losses and claims unpaid December 31 1 500 00
Premiums collected or secured in cash and notes or credits
without any deduction for losses dividends commissions
or other expenses 51667 75
LIFE INSURANCE COMPANY OP VIRGINIA
J G Walkek President W L T Rogers Secretary
Principal Office 909915 East Broad Street Richmond Va
L Z Rossek and Mobeis Brandon Atlanta Attorneys for Service in
Georgia
ICAPITAL STOCK
1 Amount of capital stock
paid up in cash 150000 00
Amount of net or ledger assets December
31 of previous year 1828425 30
Extended at 1828425 30
IIINCOME DURING YEAR 1905
1 Cash received for premiums on new poli
cies without deductions for commis
sions or other expenses 197190 66
iy2 Cash received for renewal premiums
without deductions for commissions or
other expenses 1666813 60
3 From dividends applied to pay running
premiums see item 11 disbursements 286 82
4J From surrender values applied to pur
chase paidup insurance and annuities
see item 15 disbursements 5577 39
Total 1869868 47266
COMPTROLLERGENERALS REPORT
6 Deduct amount of premiums paid to other
companies for reinsurance on policies
in this company new business 7649
renewals 66439
740 88
7 Total premium income 1869127 59
8 Cash received for interest on mortgage loans 60747 33
9 Cash received for interest on bonds owned and dividends
on stock 19560 25
11 Cash received for interest on other debts due the com
pany 10068 55
13 Cash received for rents for use of companys property in
cluding 324600 for companys own occupancy 4997 42
14 Cash received for profits on sales of bonds or stocks 423 00
19 From all other sources viz Agents cash bonds 1235 73
Total income 1966159 87
IIIDISBURSEMENTS FOE THE YEAR 1905
1 Cash paid for death claims including re
visionary additions 552501 43
3 Cash paid for matured endowments and
additions thereto 5740 52
5 Cash paid for weekly indemnity claims 809 65
13
15
16
7 Total net amount actually paid for losses and matured
endowments 559051 60
8 Cash paid to annuitants 10 50
10 Cash dividends paid policyholders 21011 59
11 Cash dividends applied to pay running premiums sc3
item 3 income 2S6 S2
Surrender values paid in cash 12527 30
Surrender values applied to purchase paidup insurance
and annuities see item 4J income 5577 39
Total paid policyholders 598645 20
Cash paid stockholders for interest or dividends 27072 00
17 Cash paid for commissions and bonuses to agents less
commission on reinsurance new policies 15699627
renewals 24129126 398287 53
IS Cash paid for salaries and allowances to managers and
agents 210957 32
19 Cash paid for medical examiners fees 43740 97
20 Cash paid for salaries and all other compensation of offi
cers and other home office employees 121125 85
21 Cash paid for taxes on new premiums and renewals 25380 26
22 Cash paid for taxes on franchise 230457 State license
353327 personal property 11019 5948 03
23 Cash paid for insurance department fees and agents li
censes 42501 municipal licenses 516863 5593 64COMPTROLLERGENERALS REPORT
267
24 Cash paid for rent including 324600 companys occu
pancy
25 Cash paid for taxes on real estate
26 Cash paid for furniture fixtures and safes for home and
agency offices
27 Cash paid for advertising 1518559 printing 15833
94 postage 290475
28 Cash paid for real estate expenses other than taxes 780
02 for legal expenses 1156410
29 Cash paid for the following items viz Traveling exp
447231 general exp 2580194 loss on sale of real
estate 115072 profit and loss 35540 agents cash
bonds 153573
17908 58
1122 66
5550 54
33924 28
12344 12
33316 10
Total miscellaneous expenses 942271 88
30 Total disbursements 1540917 08
IVASSETS AS PER LEDGER ACCOUNTS
1 Cost value of real estate exclusive of all incumbrances
2 Loans on mortgage first liens on real estate 1
3 Loans secured by pledge of bonds stocks or other market
able collaterals
4 Loans made in cash to policyholders on this companys
policies assigned as collateral
6 Cost value of bonds and stocks owned excluding accrued
interest at time of purchase
7 Cash in companys office
8 Cash deposited in banks
9 Bills receivable
82264
333354
113095
35695
573562
7696
107647
350
99
03
6S
94
57
89
24
11 Total net or
ledger assets 2253668 0
OTHER ASSETS
14 Interest due 214407 and accrued 9
90083 on mortgages
15 Interest due and accrued on bonds and
stocks
16 Interest accrued on collateral loans
18 Interest due 12890 and accrued 10
10 on other assets
19 Rents due and accrued on companys
property or lease
12044 90
9627 73
1749 96
139 00
239 85
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
unreported on policies in
force December 311905 3658 42

Renewals
25747 34
23801 44
20885 01
22374 95268
COMPTROLLERGENERALS REPORT
24 Gross deferred premiums
on policies in force De
cember 31 1905 17665 26 41036 11
Totals 21323 68 66783 45
25 Deducting loading 40 per
cent on new and 7i 15
and 40 per cent on re
newals 8529 47 9784 55
26 Net amount of uncollected
and deferred premiums 12794 21 56998 90 69793 11
27i Premium notes not carried as ledger assets on com
panys books 1255 45
28 Total assets as per the books of the company
ITEMS NOT ADMITTED
7 Bills receivable
2391778 05
300 24
9 Total aets Irss items not admitted
5 2391477 81
VLIABILITIES
1 Net present value of all the outstanding
policies in force on the 31st day of De
cember 1905 computed according to
the actuaries table of mortality with
four per cent interest and American
Ex 3 per cent 1892980 00
Deduct net value of risks of this com
pany reinsured in other solvent com
panies 345 00
Net reinsurance reserve
5 Claims for death losses and matured en
dowments in process of adjustment or
adjusted and not dueJ
6 Claims for death losses and other policy
claims resisted by the company
1892635 00
20S02 06
1000 00
Total policy claims
13 Amount agents cash bonds
16 Amount of any other liability of the company viz Pre
miums paid in advance
16J Surrender values claimable on cancelled policies whose
reserves are not included in item No 1
21802 06
1100 00
37889 90
2694 00
17 Liabilities on policyholders account 1956120 96
18 Gross surplus on policyholders account 435356 85
19 Total liabilities 2391477 81COMPTROLLERGENERALS REPORT 269
Business in Georgia during 1905
No Amount
Number and amount of policies on the lives of citi
zens of Georgia in force December 31 of previous
year 1871 204618 00
Number and amount of policies on the lives of citi
zens of Georgia issued during the year10322 1119105 00
Total 12193 1323723 00
Deductnumber and amount which have ceased to
be in force during the year 5284 521383 00
Total number and amount of policies in force in
Georgia December 31 1905 6909 802340 00
Amount of losses and claims on policies in Georgia
unpaid December 31 of previous year 1 76 25
Amount of losses and claims on policies in Georgia
incurred during the year 87 3919 43
Total 88 3995 68
Amount of losses and claims on policies in Georgia
paid during the year 88 3995 68
Amount of premiums collected or secured in Georgia during
the year in cash and notes or credits without deduction
for losses dividends commissions or other expenses 23617 88
MANHATTAN LIFE INSURANCE COMPANY OF NEW YORK N Y
Henry B Stokes President M W Torrey Secretary
Principal Office 646668 and 70 Broadway New York N Y
John J Cocgins Atlanta Attorney for Service in Georgia
ICAPITAL STOCK
1 Amount of capital stock
paid up in cash 100000 00
Amount of net or ledger assets Decem
ber 31 of previous year 17469355 54
Extended at 17469355 54
IIINCOME DURING YEAR 1905
1 Cash received for premiums on new poli
cies without deductions for commis
sions or other expenses 580797 71
1J Cash received for renewal premiums
without deductions for commissions or
other expenses 2124371 09270
COMPTROLLERGENERALS REPORT
3 From dividends applied to pay running
premiums see item 11 disbursements 35221 10
31 From dividends applied to purchase
paidup additions and annuities see
item 12 disbursements 3543 07
4 From surrender values applied to pay
running premiums see item 14 dis
bursements 1032 41
4J From surrender values applied to pur
chase paidup insurance and annuities
see item 15 disbursements 5739 10
5 Consideration for annuities other than
matured installment policies 12018 19
10
11
12
13
14
16
17
18
19
Total 2762722 67
6 Deduct amount of premiums paid to other
companies for reinsurance on policies in
this company new business 1225764
renewals 2350852 35766 16
7 Total premium income 2726956 51
8 Cash received for interest on mortgage loans 330632 49
9 Cash received for interest on bonds owned and dividends
on stock 160248 61
Cash received for interest on premium notes loans or
liens 91545 07
Cash received for interest on other debts due the com
pany 14541 39
Interest on collateral loans 19244 21
Cash received for rents for use of companys property in
cluding 6000000 for companys own occupancy 293145 44
Cash received for profits on sales of bonds or stocks 47
36026 real estate 537394 52734 20
From dividends and surrender values on reinsurances 3049 50
Premium notes loans or liens restored by revival policies 6993 41
Consideration of supplementary contracts 1540 00
From all other sources viz From foreclosed loan 5
69357 fire ins refund 300 5696 57
Total income 3706327 40
IIIDISBURSEMENTS FOK IKE YEAR 1905
1 Cash paid for death claims including
revisionary additions 1125490 58
3 Cash paid for matured endowments and
additions thereto 156802 57
Total 1282293 15COMPTROLLERGENERALS REPORT
271
6 Deduct amount received from other com
panies for losses or claims on policies of
this company reinsured
20000 00
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
Total net amount actually paid for losses and matured
endowments 1262293 15
Cash paid to annuitants 9941 14
Premiums voided by lapse 24168 12
Cash dividends paid policyholders 66901 77
Cash dividends applied to pay running premiums see
item 3 income 35221 10
Cash dividends applied to purchase paidup additions and
annuities see item Zy2 income 3543 07
Surrender values paid in cash 316019 45
Surrender values applied to pay running premiums see
item 4 income 1032 41
Surrender values applied to purchase paidup insurance
and annuities see item 4J income 5739 10
Total paid policyholders 1724859 31
Cash paid stockholders for interest on dividends 16000 00
Cash paid for commissions and bonuses to agents less
commission on reinsurance new policies 29971674
renewals 12219374 on annuities 60091 422511 39
Cash paid for salaries and allowances to managers agents
and clerks 168495 01
Cash paid for medical examiners fees 4327265 in
spection of risks 1008533 53357 98
Cash paid for salaries and all other compensation of offi
cers and other home office employees 104436 78
Cash paid for taxes on new premiums and on renewal
premiums 33491 72
Cash paid for taxes on reserves 214319 on invest
ments tax on mortgages 164687 personal property
10530 3895 36
Cash paid for insurance department fees and agents li
censes 826301 municipal licenses 321295 11475 96
Cash paid for rent including 6000000 companys occu
pancy 75242 73
Cash paid for claims on supplementary contracts 100 00
Cash paid for furniture fixtures and safes for home and
agency offices 685 59
Cash paid for advertising 921954 printing and sta
tionery 1229948 postage 1019660 31715 62
Paid for real estate expenses other than taxes 101054
30 for legal expenses 1814583 119200 13
Cash paid for the following items viz Taxes on real
estate 5109721 loss on sale or maturity of ledger as
sets 873741 sundry office expenses 2770509 su
pernumerary salaries 792500 book value of real
estate reduced 537394 sundry profit and loss items
67955 101518 20
Total disbursements 2866985 78272
COMPTROLLERGENERALS REPORT
IVASSETS AS PER LEDGER ACCOUNTS
1 Cost value of real estate exclusive of all incumbrances 5329252 20
2 Loans on mortgage first liens on real estate 7112510 00
3 Loans secured by pledge of bonds stocks or other mar
ketable collaterals 685662 50
4 Loans made in cash to policyholders on this companys
policies assigned as collateral 1384260 04
5 Premium notes loans or liens on policies in force of
which 592851 was received during the year 304116 So
6 Cost value of bonds and stocks owned excluding accrued
interest at time of purchase 32060S2 09
7 Cash in companys office 42412 39
8 Cash deposited in banks 148801 97
10 Agents ledger balances 21951 71
Commuted commissions 73647 41
13 Total net or ledger assets 18308697 16
OTHER ASSETS
14 Interest accrued on mortgages 104534 46
15 Interest accrued on bonds and stocks 44005 78
16 Interest accrued on collateral loans 3668 95
17 Interest due and accrued on premiums notes loans or
liens 21486 19
18 Interest accrued on other assets 267S 79
19 Rents due 1907336 and accrued 913333 on compa
nys property or lease 2S206 69
20 Market value of real estate over cost 2247 80
21 Market value of bonds and stocks over cost 63259 62
New Business Renewals
23 Gross premiums due and
unreported on policies in
force December 31 1905 76074 14 19S233 79
24 Gross deferred premiums
on policies in force De
cember 31 1905 5871 00 78064 00
Totals 81945 14 276297 79
25 Deducting loading 25 per
cent on new and 25
per cent on renewals 20486 28 69074 45
2G Net amount of uncollected
and deferred premiums 61458 86 207223 34 268682 20
2S Total assets as per the books of the company IS847467 64COMPTROLLERGENERALS REPORT
273
ITEMS NOT ADMITTED
Commuted commissions 73647 41
5 Agents balances 21951 71
Total 95599 12
9 Total assets less items not admitted 18751808 52
VLIABILITIES
1 Net present value of all the outstanding
policies in force on the 31st day of De
cember 1905 computed according to the
actuaries table of mortality with four
per cent interest and American 3 and
314 per cent interest 17169832 00
Deduct net value of risks of this company
reinsured in other solvent companies 65638 00
Net reinsurance reserve
3 Claims for death losses due and unpaid
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
9 Claims for death losses which have been
reported and no proofs received less re
serve
17104194 00
5634 68
1869 00
1815 00
46292 00
196 53
35334 00
10
11
12
15
16
17
18
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
Present value of amounts not yet due on supplementary
contracts not involving life contingencies computed at
3 per cent
Liability in policies cancelled and not included in item 1
upon which a surrender value may be demanded
Amount of any other liability of the company viz Pre
miums paid in advance
Capital stock
91141 21
17
9
601 00
943 24
454 00
316 00
Contingent reserve
16683 34
100000 00
fund 1407535 73
19 Total liabilities
18 in
18751868 52274 COMPTROLLERGENERALS REPORT
Business in Georgia during 1905
Number and amount of policies on the lives of citi
zens of Georgia in force December 31 of previous
year 1862 3395633 00
Number and amount of policies on the lives of citi
zens of Georgia issued during the year 456 711630 00
Total 2318 4107263 00
Deduct number and amount which have ceased to be
in force during the year 379 671643 00
Total number and amount of policies in force in
Georgia December 31 1905 1939 3435620 00
Amount of losses and claims on policies in Georgia
incurred during the year IS 42474 00
Amount of losses and claims on policies in Georgia
paid during the year 18 42474 00
Amount of premiums collected or secured in Georgia during
the year in cash and notes or credits without any deduc
tion for losses dividends commissions or other expenses 106979 51
MARYLAND LIFE INSURANCE COMPANY OP BALTIMORE MD
Wm H Blackforu President John W Hanson Secretary
Home Office 8 and 10 South Street Baltimore Md
ICAPITAL STOCK
1 Amount of capital paid up
in cash 100000 00
Amount of ledger assets as per balance
December 31 of previous year 2320749 59
Less accounts discharged debit balances
against agents 297 79
Extended at 2320451 SO
IIINCOME DURING YEAR 1905
1 First years premiums on original policies
without deduction for commissions or
ether expenses Jess 256298 for first
years reinsurance 42769 82
4 Dividends applied to purchase paidup ad
ditions and annuities 1092 55
6 Consideration for original annuities in
volving life contingencies 4554 02
8 Total new premiums 48416 39COMPTROLLERGENERALS REPORT
275
9 Renewal premiums in addition to item
10 without deduction for commissions
or other expenses less 1351018 for re
insurance on renewals 239819 70
10 Dividends applied to pay renewal premi
ums 9254 97
13 Total renewal premiums 249074 67
14 Total premium income 297491 06
18 Interest on mortgage loans 7240 20
19 Interest on collateral loans 253 34
20 Interest on bonds and dividends on stocks 82319 77
21 Interest on premium notes policy loans or
liens 9502 1G
22 Interest on other debts due the company 359 95
24 Rent from companys property 5130 49
25 Total interest and rents 104805 91
26 Profit on sale or maturity of ledger assets 8793 27
27 From other sources Policies of reinsurance surrendered 2799 60
28 Total income 413889 84
IIIDISBURSEMENTS FOE THE YEAB 1905
1 For death claims less 750000 reinsur
ance 14425190 additions 171510 145967 00
2 For matured endowments 2217500 ad
ditions 8530 22260 30
3 Net amount paid for losses and matured endowments 168227 30
4 For annuities involving life contingencies 5049 04
5 Premium notes voided by lapse 493 78
6 Surrender values paid in cash 7596 57
9 Dividends paid to policyholders in cash 3223 32
10 Dividends applied to pay renewal premiums see income
No 10 small amount of dividends paid in cash upon
paidup policies included 9254 97
11 Dividends applied to purchase paidup additions and an
nuities see income No 4 1092 55
12 Total paid policyholders 194937 53
14 Paid stockholders for interest or dividends 6000 00
15 Commissions and bonuses to agents less commission on
reinsurance first years premiums 2961618 renewal
premiums 1179180 on annuities original 18216 41590 14
17 Salaries and allowances for agencies including man
agers agents and clerks 4837 50
18 Agency supervision traveling and all other agency ex
penses 1659 78
19 Medical examiners fees 3293 00
19 Medical examiners fees 3293 0027b
COMPTROLLERGENERALS REPORT
20 Salaries and all other compensation of officers and home
office employees
21 Rent including 82665 for companys own occupancy
22 Advertising 147381 printing and stationery 101034
postage 86198
23 Legal expenses
25 Insurance taxes licenses and department fees
26 Taxes on real estate
27 Repairs and expenses other than taxes on real estate
29 All other disbursements Library bureau 112834 sun
dry expenses 265281 temporary expenses 4345
30 Total disbursements
22019 10
1106 65
3346 13
720 00
4996 04
1601 83
776 96
3824 60
290709 26
IVLEDGER ASSETS
1 Book value of real estate unincumbered 260680 05
2 Mortgage loans on real estate first liens 114207 50
3 Loans secured by pledge of bonds stocks
or other collateral 20200 00
4 Loans made to policyholders on this com
panys policies assigned as collateral 166715 00
5 Premium notes on ordinary policies in
force 9085 02
Premium loans on policies issued under
the name of loan policies 7824 10
6 Book value of bonds excluding interest
167544018 stocks 11207403 1787514 21
8 Cash in companys office 94824 depos
ited in banks not on interest 54
47332 55421 56
9 Agents debit balances 460360 divi
dends and interest due in January 2
56020 deposit for perpetual fire insur
ance policies etc 21830 open ac
counts judgments etc 1392730 sus
pended accounts etc 12495 new fur
niture account 203624 23470 59
2445118 03
Deduct agents etc credit balances 1485 65
10 Total ledger assets 2443632 38
noniiihip assets
11 Interest accrued on mortgages 1S92 47
12 Interest accrued on bonds and stocks 9021 12
13 Interest accrued on collateral loans 145 75
14 Interest due 63219 and accrued 207917 on premium
notes policy loans or liens 2711 36COMPTROLLERGENERALS REPORT
16 Rents accrued on companys property or lease
19 Market value not including interest in item 12 of bonds
and stocks over book value
21 Gross premiums due and unreported on
policies in force December 31 1905 21127 97
22 Gross deferred premiums on policies in
force December 31 1905 21865 09
277
380 03
86656 92
23 Totals
24 Deduct loading
34
42993 06
9888 40
25 Net amount of uncollected and deferred premiums
33104 66
27 Gross
assets I 25544 69
DEDUCT ASSETS NOT ADMITTED
29 Furniture fixtures and safes
30 Agents debit balances
Deposit for perpetual fire policy and fire
insurance premiums to be returned
Book value of ledger assets over market
value viz Real estate 14210 open
accounts judgments and suspended ac
counts etc 1405225less ledger lia
bilities deducted above 14856512
56660
2036
4603
24
60
218 30
12708 70
35 Total 1956684
36 Total admitted assets 2557977 85
VLIABILITIES
1 Net present value of all the outstanding
policies in force on the 31st day of De
cember 1905 as computed by the Mary
land insurance department on the actu
aries table of mortality with 4 per cent
interest
Deduct net value of risks of this company
reinsured in other solvent companies
2245593 00
48108 00
Net reserve
5 Claims for death losses in process of ad
justment or adjusted and not due
6 Claims for deathlosses which have been
reported and no proofs received
7 Claims for matured endowments due and
unpaid
2197485 00
225 84
3560 00
869 66
10 Total policy claims
4655 50278
COMPTROLLERGENERALS REPORT
12 Premiums paid in advance including surrender values
so applied 243 25
13 Commissions due to agents on premium notes when paid
about 500 00
15 Salaries rents office expenses taxes bills accounts bo
nuses commissions medical and legal fees due or ac
crued about 2500 00
19 Dividends or other profits due policyholders including
those contingent on payment of outstanding and de
ferred premiums 5 259 jg
22 Other liabilities Agents etc credit balances 1485 65
23 Capital stock 100000 00
24 Unassigned funds surplus 245855 67
25 Total liabilities 2 557 977 5
Business in Georgia during 1905
Policies on the lives of citizens of said State in force
December 31 of previous year estimated 358 598745 00
Policies on the lives of citizens of said State issued
during the year 35 50150 00
Total 393 64SS95 00
Deduct ceased to be in force during the year 43 62650 00
Policies in force December 31 estimated 350 586245 00
Losses and claims incurred during the year 5 4925 00
Losses and claims settled during the year in cash 5 4925 00
Premiums collected or secured in cash and notes or credits
without any deduction for losses dividends commissions
or other expenses 16875 62
MASSACHUSETTS MUTUAL LIFE INSURANCE COMPANY
SPRINGFIELD MASS
John A Hall President w H Sargeant Secretary
Home Office 413 Main Street Springfield Mass
W J Harty Savannah Attorney for Service in Georgia
ICAPITAL STOCK
Extended at 34878063 63
IIINCOME
1 First years premiums on original poli
cies without deduction for commissions
or other expenses less 1223580 for first
years reinsurance 864920 55COMPTROLLERGENERALS REPORT 279
4 Dividends applied to purchase paidup ad
ditions 75899 75
8 Total new premiums 940820 30
9 Renewal premiums in addition to item
10 without deduction for commissions
or other expenses less 11978932 for
reinsurance on renewals 5193737 12
10 Dividends applied to pay renewal premi
ums 776918 80
13 Total renewal premiums 5970655 92
14 Total premium income 6911476 22
15 Consideration for supplementary contracts not involving
life contingencies 104105 60
17 Premium notes loans or liens restored by revival of poli
cies 423287
18 Interest on mortgage loans 673712 31
20 Interest on bonds and dividends on stocks 684945 52
21 Interest on premium notes policy loans
or liens 274720 65
22 Interest on other debts due the company 11329 46
23 Discount on claims paid in advance 276 78
24 Rent from companys property including
800000 for companys own occupancy 17279 85
25 Total interest and rents1662264 57
28 Total income 868207926
IIIDISBURSEMENTS
1 For deathclaims less 10887500 rein
surance 237258862 additions 21
78900 2394377 62
2 For matured endowments less 500000
reinsurance 33163500 additions
1634700 347982 00
3 Net amount paid for losses and matured endowments 2742359 62
5 Premium notes voided by lapse and used in purchase of
surrendered policies JqLe
6 Surrender values paid in cash avvoo o
7 Surrender values applied to pay interest included in in
tt 01 2155 60
come No 21
9 Dividends paid to policyholders in cash 13 ot
10 Dividends applied to pay renewal premiums see income
TT n 776918 80
No 10
101 Dividends allowed in 1905 and left with the company to
accumulate at interest subject to the order of the poli
80213 08
cyholder280
COMPTROLLERGENERALS REPORT
11 Dividends applied to purchase paidup additions see in
come No 4
11J Dividends applied in payment of premium notes
12 Total paid policyholders 4264077 65
13 Paid for claims on supplementary contracts not involv
ing life contingencies
15 Commissions to agents less commission on reinsurance
first years premiums 41544641 renewal premiums
35932682
Salaries and allowances for agencies including mana
gers agents and clerks
Agency supervision traveling and all other agency ex
penses
Medical examiners fees 6592950 inspection of risks
546700
Salaries and all other compensation of officers and home
office employees
Rent including 800000 for companys own occupancy
Advertising 1373562 printing and stationery 46082
39 postage 2244276
23 Legal expenses
24 Furniture fixtures and safes
Insurance taxes licenses and department fees
Taxes on real estate
Repairs and expenses other than taxes on real estate
All other disbursements
Premiums on securities purchased
Profit and loss including 35000 to reduce ledger value
of real estate
75899 75
59545 68
17
18
19
20
21
22
25
26
27
29
49653 95
774773 23
81796 59
9703 47
71396 50
172197 97
48951 90
82260 77
2372 12
3903 41
120681 58
5023 06
2247 31
30821 41
41745 62
46048 47
30 Total disbursements 5807655 01
IVASSETS AS PER LEDGER ACCOUNTS
1 Book value of real estate unincumbered 559472 15
2 Mortgage loans on real estate first liens 15111922 44
4 Loans made to policyholders on this companys policies
assigned as collateral 3948509 00
5 Premium notes on policies in force less 359607 given
for reinsurance 764994 04
6 Book value of bonds excluding interest 1627478175
stocks 42296550 16697747 25
7 Deposited in trust companies and banks on interest 273034 61
8 Cash in companys office 230791 deposited in banks
not on interest 39041293 392720 84
9 Bills receivable 4087 55
10 Total ledger assets 37752487 88
NONLEDGEB ASSETS
11 Interest due 36250 and accrued 21023167 on mort
gages
210594 17COMPTROLLERGENERALS REPORT
281
12 Interest accrued on bonds and stocks
14 Interest due 106626 and accrued 7845158 on pre
mium notes policy loans or liens
16 Rents accrued on companys property or lease
17 Total interest and rents due and accrued
19 Market value not including interest in item 12 of bonds
and stocks over book value
New I usines Renewals
21 Gross premiums due and
unreported on policies in
force December 31 1905
less unreported premiums
on reinsurance 84320 97 303152 22
22 Gross deferred premiums
on policies in force De
cember 31 1905 less de
ferred premiums on rein
surance
80938 49 652838 21
23 Totals
24 Deduct loading
165259 46
33051 89
25 Net amount of uncollected
and deferred premiums
132207 57
955990 43
191198 09
764792 34
237938 30
79517 84
637 50
528687 81
904777 75
896999 91
27 Gross assets 40082953 35
DEDUCT ASSETS XOT ADMITTED
32 Bills receivable
4087 55
36 Total admitted assets 40078865
VLIABILITIES
1 Net present value of all the outstanding
policies in force on the 31st day of De
cember 1905 as computed by the com
pany on the actuaries table of mortal
ity with four per cent interest Ameri
can 31 per cent on policies issued since
190o 35765308 00
Same for reversionary additions 617837 00
Total 36383145 00
Deduct net value of risks of this com
pany reinsured in other solvent compa
res 542648 00
Net reserve 35840497 00
Present value of amounts not yet due on supplementary
contracts not involving life contingencies computed by
thecompany 219996 89282
COMPTROLLERGENERALS REPORT
5 Claims for death losses and matured en
dowments in process of adjustment 8689 36
6 Claims for death losses which have been
reported and no proofs received 133685 00
10
12
15
19
21
24
25
Total policy claims 142374 36
Premiums paid in advance 23741 57
Salaries rents office expenses taxes bills accounts com
missions medical and legal fees due or accrued 18554 46
Dividends or other profits due policyholders including
those contingent on payment of outstanding and de
ferred premiums 140938 03
Dividends apportioned payable to policyholders on de
mand or at maturity of policy including 3086864 In
terest 30821846 dividends apportioned payable to
policyholders on payment of future premiums 22259 330477 46
Unassigned funds surplus 3362286 03
Total liabilities 40078865 80
Business in Georgia during 1905
t n No Amount
Policies on the lives of citizens of said State in force
December 31 of previous year 2917 6075900 00
Policies on the lives of citizens of said State issued
during the year 514 1006661 00
Total 3431 7082561 00
Deduct ceased to be in force during the year 226 403503 00
Policies in force December 31 3205 6679058 00
Losses and claims unpaid December 31 of previous
year 1 iooo 00
Losses and claims incurred during year 19 39093 00
Total 20 40093 00
Losses and claims settled during the year in cash
3640700 18 36407 00
Losses and claims unpaid December 31 2 3686 00
Premiums collected or secured in cash and notes or credits
without any deduction for losses dividends commissions
or other expenses 235734 88COMPTROLLERGENERALS REPORT
28
MERIDIAN LIFE AND TRUST COMPANY OF INDIANA
Arthur Jordan President T J Owens Secretary
Principal Office Indianapolis Ind
E C Lester Atlanta Attorney for Service in Georgia
ICAPITAL STOCK
Amount of net or ledger assets December
31 of previous year 358697 82
Extended at 358697 82
IIINCOME DURING YEAR 1905
1 Cash received for premiums on new poli
cies without deductions for commis
sions or other expenses
li Cash received for renewal premiums
without deductions for commissions or
other expenses
3 From dividends applied to pay running
premiums see item 11 disbursements
7 Total premium income
8 Cash received for interest on mortgage loans
Cash received for interest on premium notes loans or
liens
Cash received for rents companys own occupancy
19 From all other sources viz Preparing papers on loans
15350 electrotypes 72 cents 154 22
113117 91
503111 41
3179 07
10
13
IIIDISBURSEMENTS FOR THE YEAR 1905
1 Cash paid for death claims including reversionary addi
tions
11 Cash dividends applied to pay running premiums see
item 3 income
13 Surrender values paid in cash
Total paid policyholders 111042 35
17 Cash paid for commissions and bonuses to agents less
commission on reinsurance new policies 7747550
renewals 32631
18 Cash paid for salaries and allowances to managers and
agents
19 Cash paid for medical examiners fees
20 Cash paid for salaries and all other compensation of offi
cers and other home office employees
22 Cash paid for taxes
23 Cash paid for insurance department fees and agents li
censes
624408 39
2786 71
8778 32
14 00
Total income 636141 64
20051 59
8179 07
82811 69
77801 81
16900 52
4760 50
13522 09
166 22
89 00284
COMPTROLLERGENERALS REPORT
24 Cash paid for rent companys own occupancy 918 86
27 Cash paid for advertising 47811 printing 171362
postage 73173 2923 46
28 Cash paid for legal expenses 532 99
29 Cash paid for the following items viz Exchg and dis
4460 office supplies 11642 lights 2829 telegrams
1609 red mtgs 2375 exp and dray 6536 tele
phone 13815 repairs 95 cents newspapers 924
actuarial service 32425 sign painting 3040 ab
stracts 700 detective service 2630 rent for type
writer 100 collecting rent 200 inspecting loans
400 towel supply 200 membership fee ins exchg
500 total 844 80
Total miscellaneous expenses
30 Total disbursements
844 80
229502 60
IVASSETS AS PEE LEDGER ACCOUNTS
1 Cost value of real estate exclusive of all incumbrances
2 Loans on mortgage first liens on real estate
3 Premium notes for single premiums taken under insur
ance law of 1852
4 Loans made in cash to policyholders on this companys
policies assigned as collateral secured by terms of com
panys loan agreement
5 Premium notes loans or liens on policies in force re
ceived during the year
7 Cash in companys office
8 Cash deposited in banks
9 Bills receivable
10 Agents ledger balances of which 229154 was advanced
during the year
Furniture and fixtures
Mileage rebate
11 Total net or ledger assets
OTHEE ASSETS
14 Interest accrued on mortgages
17 Interest accrued on premiums notes loans or liens
23 Gross premiums due and
L New Business Renewals
unreported on policies in
force December 31 1905 10815 00 12228 23
24 Gross deferred premiums
on policies in force De
cember 31 1905 3792 59
600 OH
100120 00
93259 56
550063 92
2443 62
5941 60
1026 16
853 02
8969 39
1929 59
130 mi
765336 86
1850 61
13401 53
Totals
10815 00
16020 82COMPTROLLERGENERALS REPORT
25 Deducting loading 60 per
cent on new and 20
per cent on renewals 6489 00 3204 16
26 Net amount of uncollected
anddeferred premiums 4326 00 12816 66
28 Total assets as per the books of the company
ITEMS NOT ADMITTED
2 Furniture fixtures and safes 1929 59
3 Mileage rebate 130 00
5 Agents balances 8969 39
6 Loading on premium notes item 5 60
per cent 1466 17
7 Bills receivable 853 02
8 Single premium notes 93259 56
Total
9 Total assets less items not admitted
VLIABILITIES
1 Net present value of all the outstanding policies in force
on the 31st day of December 1905 computed according
to the actuaries table of mortality with four per cent
interest
5 Claims for death losses and matured endowments in pro
cess of adjustment or adjusted and not due
13 Amount due on account of salaries rents and office ex
penses
16 Amount of any other liability of the company viz Pre
miums paid in advance
18 Gross surplus on policyholders account
19 Total liabilities
28
17142 66
797731 66
106607 73
691123 93
655992 00
2000 00
380 85
800 73
31950 35
691123 93
METROPOLITAN LIFE INSURANCE COMPANY OF NEW YORK
John R Hegeman President James S Roberts Secretary
Principal Office 1 Madison Ave New York N Y
ICAPITAL STOCK
1 Amount of capital stock
paid up in cash 2000000 00
Amount of net or ledger assets December
31 of previous year 123200191 44
Extended at123200191 44286
COMPTROLLERGENERALS REPORT
IIINCOME DURING YEAR 1905
1 Cash received for premiums on new poli
cies without deductions for commis
sions or other expenses 9757336 96
1J Cash received for renewal premiums
without deductions for commissions or
other expenses less 3033752 for re
insurance on renewals 43813917 84
3 Prom dividends applied to pay running
premiums see item 11 disbursements 890371 67
3J From dividends applied to purchase
paidup additions and annuities see
item 12 disbursements 44768 13
4 From surrender values applied to pay
first years premiums 26214 76
A From surrender values applied to pay
renewal premiums 77206 66
5 Consideration for annuities other than
matured installment policies
148721 6S
7 Total premium income 54758537 70
8 Cash received for interest on mortgage loans 1731365 84
9 Cash received for interest on bonds owned and dividends
on stock 2903348 14
10 Cash received for interest on premium notes loans or
liens 158178 36
11 Cash received for interest on other debts due the com
pany 122698 36
12 Interest on collateral loans 95812 70
13 Cash received for rents for use of companys property in
cluding 41038775 for companys own occupancy 923175 72
14 Cash received for profits on sales of bonds or stocks SIS326 5S
18 Consideration for supplementary contracts not involving
life contingencies 2450 00
19 From all other sources viz Agents cash deposits in
lieu of bonds 17695 09
Total income 61531588 49
IIIDISBURSEMENTS FOR THE YEAR 1905
1 Cash paid for death claims including re
versionary additions 15296600 37
3 Cash paid for matured endowments and
additions thereto 98443 06
7 Total net amount actually paid for losses and matured
endowments 15395043 43
8 Cash paid to annuitants 98451 63
9 Premium notes loans or liens voided by lapse 28649 19
10 Cash dividends paid policyholders 133777 COMPTROLLERGENERALS REPORT
287
see
11 Cash dividends applied to pay running premiums
item 3 income 890371 67
12 Cash dividends applied to purchase paidup additions and
annuities see item 3J income 44768 13
13 Surrender values paid in cash 693567 92
14 Surrender values applied to pay running premiums see
item 4 income 103421 42
Total paid policyholders 17388050 74
16 Cash paid stockholders for interest on dividends 1100U0 00
Cash paid for claims on supplementary contracts not in
volving life contingencies 13404 S5
17 Cash paid for commissions and bonuses to agents less
commission on reinsurance new policies 235799190
renewals 556843406 on annuitiesoriginal 5744
97 total 7932170 93
Cash paid for salaries and allowances to managers and
agents 3855451 63
Cash paid for medical examiners fees 52516421 in
spection of risks 38966124 914825 45
20 Cash paid for salaries and all other compensation of of
ficers and other home office employees 2416 in num
ber 2159206 86
21 General home office expense acct 29026001 directors
and committees 554000 expressage 5023922 agen
cy supervision traveling and all other agency expenses
62074323 966782 4G
22 Cash paid on investments 143142 56
23 Cash paid for insurance department fees and agents li
censes 666509 68
24 Cash paid for rent including 41038775 companys occu
pancy 741814 38
25 Cash paid for commuting commissions 1536296 90
26 Cash paid for furniture fixtures and safes for home and
agency offices 60828 66
27 Cash paid for advertising 2426650 printing 503605
6S postage 8515150 613023 68
Cash paid for real estate expenses other than taxes
37933045 for legal expenses 8958466 468915 11
Cash paid for the following items viz Telegram and
telephone 1769165 exchange and collections 22
13314 agents surety bonds 2076134 Metropolitan
staff savings fund 4439113 charged off real estate to
cover possible depreciation 50000000 total 604977 26
Total miscellaneous expenses 37705401 15
18
19
28
29
30 Total disbursements 3S205401 15
IVASSETS AS PEK LEDGER ACCOUNTS
1 Cost value of real estate exclusive of all incumbrances 17495905 30
2 Loans on mortgage first liens on real estate 38062610 75288
COMtTRCLLERGENERALS REPORT
3 Loans secured by pledge of bonds stocks or other market
able collaterals 3747285 50
4 Loans made in cash to policyholders on this companys
policies assigned as collateral 2982199 Si
5 Premium notes loans or liens on policies m force 721S54 69
6 Cost value of bonds and stocks owned excluding accrued
interest at time of purchase 79305067 72
7 Cash in companys office 365256 68
8 Cash deposited in banks 3813655 48
9 Agents debit balances 27442 So
13 Total net or ledger assets 146520378 78
OTHEB ASSETS
14 Interest due 213911 and accrued 56744384 on mort
gages
15 Interest due 7178117 and accrued 51787939 on
boiids and stocks
16 Interest due 1038780 and accrued 9500 on collateral
loans
17 Interest due 2167367 and accrued 13092 on premi
ums notes loans or liens
18 Interest due on other assets
19 Rents due 1018375 and accrued 424697 on com
panys property or lease
21 Market value of bonds and stocks over cost
New Business Renewals
23 Gross premiums due and
unreported on policies in
force December 31 1905 375843 2C 870186 15
24 Gross deferred premiums
on policies in force De
cember 31 1905 990503 73 2546S51 42
Totals 1366400 96 3417o37 57
25 Deducting loading 20 per
cent 273281 39 683407 51
5695S2 95
619660 50
3 0482 SO
21804 59
470 53
14430 72
323809 46
26 Net amount of uncollected
and deferred premiums 1093125 57 2733330 00
27 Annuities paid in advance 630500 refund of taxes al
lowed 1317795 cash due by Metropolitan staff sav
ings fund 1402453 total
1820755 63
33507 4S
28 Total assets as per the books of the company151946883 50
ITEMS XOT ADMITTED
5 Agents balances
7 Bills receivable
27442 85
255963 36
Total
283406 21
9 Total assets less items not admitted151663477 29COMPTROLLERGENERALS REPORT
289
VLIABILITIES
1 Net present value of all the outstanding
policies in force on the 31st day of De
cember 1905 computed according to
the actuaries table of mortality with
four per cent interest and American
with 31 per cent interest 131605993 00
Deduct net value of risks of this com
pany reinsured in other solvent com
panies 104975 00
Net reinsurance reserve
3 Claims for death losses which have been
reported and no proofs received f
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
131501018 00
114938 50
124922 60
47577 00
1110 19
Total policy claims
10 Amount of all unpaid dividends of surplus or other de
scription of profits due policyholders 1370408
11 Present value of amounts not yet due on supplementary
contracts not involving life contingencies
Liability on policies canceled and not included in item 1
upon which a surrender value may be demanded
Amount due on account of salaries rents and office ex
penses
16 Amount of any other liability of the company viz Pre
miums and interest paid in advance 27734949 spe
cial reserve 120427800 agents cash deposits in lieu
of bonds 21433116 contingent dividend fund inter
mediate branch 29976848 1995727 13
12
13
288548 29
92
50218 00
75093 75
200884 24
17
18
19
Liabilities on policyholders account135481898 33
Capital stock 2000000 00
Gross surplus on policyholders account 14181578 96
Total liabilities151663477 29
Business in Georgia during 190
Number and amount of policies on the lives of citi
zens of Georgia in force December 31 of previous
year
No
053
Number and amount of policies on the lives of citi
zens of Georgia issued during the year 1407
Total 4460
19 in
Amount
3255447 00
1305304 00
4560751 00290 COMPTROLLERGENERALS REPORT
Deduct number and amount which have ceased to be
in force during the year 1073 1035103 00
Total number and amount of policies in force in
Georgia December 31 1905 3387 3525048 00
Amount of losses and claims on policies in Georgia
incurred during the year 33 26032 00
Amount of losses and claims on policies in Georgia
paid during the year 32 25532 00
Amount of premiums collected orsecured in Georgia during
the year in cash and notes or credits without any deduc
tion for losses dividends commissions or other expenses 446646 26
MICHIGAN MUTUAL LIFE INSURANCE COMPANY DETROIT MICH
O R Looker President A Moore Secretary
Principal Office 150 Jefferson Avenue Detroit Mich
F L Woodruff 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 8579212 50
Extended at
IIINCOME DUEING YEAR 1905
1 Cash received for premiums on new poli
cies without deductions for commissions
or other expenses 282171 82
11 Cash received for renewal premiums
without deductions for commissions or
other expenses 1183631 07
2 Premium notes loans or liens taken in
part payment for premiums on new
444 05
policies
2J Premium notes loans or liens taken in
part payment for renewal premiums 123579 96
3 From dividends applied to pay running
premiums see item 11 disbursements 15223 43
31 From dividends applied to purchase paid
up additions and annuities see item 12
disbursements 9374 73COMPTROLLERGENERALS REPORT
291
4 Prom surrender values applied to pay run
ning premiums see item 14 disburse
ments 2956 49
Total 1617381 55
6 Deduct amount of premiums paid to other
companies for reinsurance on policies in
this company new business 322149
renewals 1330884 16530 33
7 Total premium income 1600851 22
8 Cash received for interest on mortgage loans 369582 35
9 Cash received for interest on bonds owned 1500 00
10 Cash received for interest on premium notes loans or
liens 51499 44
Cash received for interest on other debts due the com
pany 5433 06
Cash received as discount on claims paid in advance 350 58
Cash received for rents for use of companys property 18135 54
14 Cash received for profits on sales of real estate 1725 54
16 Prom dividends and surrender values on reinsurances 265 31
11
12
13
Total income 2049343 04
IIIDISBURSEMENTS FOB T IE YEAR 1905
1 Cash paid for death claims including re
versionary additions 480793 88
3 Cash paid for matured endowments and
additions thereto 246018 96
5 Cash paid for sums falling due during the
year on installment policies 1166 67
Total 727979 51
6 Deduct amount received from other com
panies for losses or claims on policies
of this company reinsured 20000 00
7 Total net amount actually paid for losses
9 Premium notes loans or liens voided by lapse
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 income
13 Surrender values paid in cash
14 Surrender values applied to pay running premiums see
item 4 income
Surrender values applied to pay notes on defaulted poli
cies
707979 51
1348 34
9553 59
15223 43
9374 73
125707 36
2956 49
27521 17292
COMPTROLLERGENERALS REPORT
Surrender values applied to pay interest on notes of de
faulted policies 510 24
Total paid policyholders 900174 8G
10 Cash paid stockholders for interest on dividends 25000 00
17 Cash paid for commissions and bonuses to agents less
commission on reinsurance new policies 22513384
renewals 9447006 319003 90
18 Cash paid for salaries and allowances to managers and
agents 50687 35
19 Cash paid for medical examiners fees 2208167 inspec
tion of risks 571541 27797 08
20 Cash paid for salaries and all other compensation of offi
cers and other home office employees 57505 00
21 Cash paid for taxes on new premiums 466922 on re
newals 2054815 25217 37
22 Cash paid for taxes on real estate 5366 91
23 Cash paid for insurance department fees and agents li
censes 212415 municipal licenses 363591 5760 06
24 Cash paid for rent 15322 30
26 Cash paid for furniture fixtures and safes for home and
agency offices 2454 34
27 Cash paid for advertising 358592 printing 1179556
postage 595558 21337 06
28 Cash paid for real estate expenses other than taxes 11
83588 for legal expenses 2536638 37202 26
29 Cash paid for the following items viz Loss on sales of
real estate 1070060 general expense recording fees
office supplies subscriptions etc 1260515 23305 75
Total miscellaneous expenses 616559 38
30 Total disbursements 1516734 24
IVASSETS AS PEE TKIMiEH ACCOUNTS
1 Cost value of real estate exclusive of all incumbrances 31400S 90
2 Loans on mortgage first liens on real estate 7605307 81
3 Loans secured by pledge of bonds stocks or other mar
ketable collaterals 22500 00
4 Loans made in cash to policyholders on this companys
policies assigned as collateral 901169 59
5 Premium notes loans or liens on policies in force 77537 10
6 Cost value of bonds owned excluding accrued interest at
time of purchase 25000 00
7 Cash in companys office 39294 02
8 Cash deposited in banks 116178 68
10 Agents ledger balances 10825 20
13 Total net or ledger assets 9111821 30COMPTROLLERGENERALS REPORT
29s
OTHEB ASSETS
1712680 and accrued 10459664 on
14 Interest due
mortgages
15 Interest accrued on bonds
16 Interest accrued on collateral loans
17 Interest due 585674 and accrued
urns notes loans or liens
18 Interest accrued on other assets
19 Rents accrued on companys property or lease
20 Market value of real estate over cost
21 Market value of bonds and stocks over cost
New Business
23 Gross premiums due and
unreported on policies in
force December 31 1905 42614 00
24 Gross deferred premiums
on policies in force De
cember 31 1905 13751 43
19655 on premi
Renewals
54742 27
106707 93
Totals
25 Deducting loading
56365 43
27572 55
161450 20
15990 57
26 Net amount of uncollected
and deferred premiums
121723 50
250 00
244 04
13053 29
63 88
958 50
21690 18
3750 00
28792
145459 63
174252 51
28 Total assets as per the books of the company 9447807 20
ITEMS NOT ADMITTED
5 Agents balances not secured 537 62
9 Total assets less items not admitted4 9447269 58
VLIABILITIES
1 Net present value of all the outstanding
policies in force on the 31st day of De
cember 1905 computed according to the
actuaries table of mortality with 4 per
cent interest and American 3 per
cent from January 1 1903 9058909 65
Deduct net value of risks of this company
reinsured in other solvent companies 38698 00
Net reinsurance reserve 9020211 65
5 Claims for death losses and matured en
dowments in process of adjustment or
adjusted and not due 5137 11
8 Present value of unpaid amounts on ma
tured installment policies face 62
06667 45475 35
Total policy claims 50012 46294 COMPTROLLERGENERALS REPORT
10 Amount of all unpaid dividends of surplus or other de
scription of profits due policyholders 615 14
16 Amount of any other liability of the company viz Pre
miums paid in advance 890463 deposit account 1
99363 10898 26
17 Liabilities on policyholders account 9082337 51
18 Gross surplus on policyholders account 364932 07
19 Total liabilities 9447269 58
Business in Georgia during 1905
No Amount
Number and amount of policies on the lives of citi
zens of Georgia in force December 31 of previous
year 881 1055074 56
Number and amount of policies on the lives of citi
zens of Georgia issued during the year 401 888829 18
Total 1282 1943903 74
Deduct number and amount which have ceased to be
in force during the year 295 372238 70
Total number and amount of policies in force in
Georgia December 31 1905 987 1571665 04
Amount of losses and claims on policies in Georgia
incurred during the year 11 16000 00
Amount of losses and claims on policies in Georgia
paid during the year 11 16000 00
Amount of premiums collected or secured in Georgia during
the year in cash 4171360 and notes or credits 159224
without any deduction foT losses dividends commissions
or other expenses 43305 84
MISSOURI STATE LIFE INSURANCE COMPANY ST LOUIS MO
Edmund P Mexson President C A Goodale Secretary
Principal Office St Louis Mo
J W Preston Atlanta 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 year 678003 71
Extended at 678003 71COMPTROLLERGENERALS REPORT
295
IIINCOME DURING YEAR 1905
1 Cash received for premiums on new poli
cies without deductions for commissions
or other expenses
1J Cash received for renewal premiums
without deductions for commissions or
other expenses
2 Premium notes loans or liens taken in
part payment for premiums on new poli
cies
2J Premium notes loans or liens taken in
part payment for renewal premiums
4i From surrender values applied to pur
chase paidup insurance and annuities
see item 15 disbursements
191182 18
208209 52
7858 7
2835 22
828 97
Total 410914 67
6 Deduct amount of premiums paid to other
companies for reinsurance on policies in
this company new business 367955
renewals 78238 4461 93
7 Total premium income
8 Cash received for interest on mortgage loans
9 Cash received for interest on bonds owned and dividends
on stock
10 Cash received for interest on premium notes loans or
liens
11 Cash received for interest on other debts due the com
pany
17 Premium notes loans or liens restored by revival of poli
cies
19 From all other sources
Total income
406452 74
14147 80
600 00
19719 70
4141 91
397 66
73961 46
519421 27
IIIDISBURSEMENTS FOR THE YEAR 1905
1 Cash paid for death claims including reversionary addi
tions
9 Premium notes loans or liens used in purchase of sur
rendered policies 104284 voided by lapse 1718532
13 Surrender values paid in cash
15 Surrender values applied to purchase paidup insurance
and annuities see item 4J income
Total paid policyholders 127213 94
16 Cash paid stockholders for interest on dividends
17 Cash paid for commissions and bonuses to agents less
commission on reinsurance new policies 12616893
renewals 1321494
09950 70
18228 16
48206 11
828 97
8000 00
39383 S7
296
COMPTROLLERGENERALS REPORT
18 Cash paid for salaries and allowances to managers and
agents 10152 90
19 Cash paid for medical examiners fees 1183850 in
spection of risks 338060 15219 10
20 Cash paid for salaries and all other compensation of offi
cers and other home office employees 22577 82
21 Cash paid for taxes on new premiums and renewals 1809 50
22 Cash paid for taxes on franchise 30000 on invest
ments 62193 St Louis city tax 921 93
23 Cash paid for insurance department fees and agents li
censes 381092 municipal licenses 40998
24 Cash paid for rent
26 Cash paid for furniture fixtures and safes for home and
agency offices
27 Cash paid for advertising 70772 printing 491047
postage 156310
28 Cash paid for legal expenses
29 Cash paid for the following items viz Collection of
premiums 69645 incidental office expenses including
telegrams telephones express charges etc 113674 1833 19
Total miscellaneous expenses 220936 50
4220 90
6104 73
2857 82
7181 29
673 45
30 Total disbursements
358150 44
IVASSETS AS PER LEDGER ACCOUNTS
2 Loans on mortgage first liens on real estate
4 Loans made in cash to policyholders on this companys
policies assigned as collateral
5 Premium notes loans or liens on policies in force
6 Cost value of bonds and stocks owned excluding interest
at time of purchase
7 Cash in companys office
8 Cash deposited in banks
9 Bills receivable
10 Agents ledger balances
318680 35
388623 05
33347 18
10100 00
6639 26
20310 74
150 00
61423 96
13 Total net or ledger assets 839 274 54
OTHEB ASSETS
14 Interest due 74608 and accrued 774117 on mort
gages
17 Interest accrued on premium notes loans or liens
18 Interest accrued on other assets
22 Due from other companies for losses or claims on poli
cies of this company reinsured
00 New Business Renewals
23 Gross premiums due and
unreported on policies in
force December 31 1905 47734 14 30525 21
8487 25
10462 19
55 73
5000 00COMPTROLLERGENERALS REPORT
297
24 Gross deferred premiums
on policies in force De
cember 31 1905 36092 2G
Totals 47734 14 66617 47
25 Deducting loading 31027 19 9992 62
941111 51
26 Net amount of uncollected
and deferred premiums 16706 95 56624 85 7333180
27 Furniture fixtures and safes 4500 00
28 Total assets as per the books of the company
ITEMS KOT ADMITTED
2 Furniture fixtures and safes 4500 00
5 Agents balances 61423 96
7 Bills receivable 150 00
8 Premium notes and loans on policies and
net premiums in item 26 in excess of the
net value of their policies 71486 13
Total 137560 09
9 Total assets less items not admitted 803551 42
VLIABILITIES
1 Net present value of all the outstanding
policies in force on the 31st day of De
cember 1905 computed according to the
actuaries table of mortality with 4 per
cent interest 615428 00
Deduct net value of risks of this company
reinsured in other solvent companies 2604 00
Net reinsurance reserve
5 Claims for death losses and matured endowments in pro
cess of adjustment or adjusted and not due
13 Amount due on account of salaries rents and office ex
penses
16 Amount of any other liability of the company viz Com
missions due to agents on premium notes when paid
704958 cost of collection on uncollected and deferred
premiums in excess of the loading thereon 161035
17 Liabilities on policyholders account
18 Gross surplus on policyholders account
19 Total liabilities
612824 00
15600 00
3310 61
8659 93
640394 54
163156 88
803551 42298 COMPTROLLERGENERALS REPORT
Business in Georgia during 1005
No Amount
Number and amount of policies on trie lives of citi
zens of Georgia in force December 31 of previous
year 200 297336 25
Number and amount of policies on the lives of citi
zens of Georgia issued during the year 269 444161 15
Total 475 741497 40
Deduct number and amount which have ceased to be
in force during the year 118 174438 90
Total number and amount of policies in force in
Georgia December 31 1905 357 567058 50
Amount of premiums collected or secured in Georgia during
the year in cash 978693 and notes or credits 61265
without any deduction for losses dividends commissions
or other expenses 10399 58
MUTUAL BENEFIT LIFE INSURANCE COMPANY NEWARK N J
Frederick Frelinghuysen President J Wm Johnson Secretary
Principal Office No 752 Broad St Newark N J
Clarence V Angier Atlanta Attorney for Service in Georgia
CAPITAL STOCK
Amount of net or ledger assets De
cember 31 of previous year 89101591 37
Extended at
89101591 37
IIINCOME DURING YEAR 1905
1 Cash received for premi
ums on new policies
without deductions for
commissions or other
expenses 1920941 16
li Cash received for renewal
premiums without de
ductions for commis
sions or otherfixpenses 10216436 03
2 Premium notes loans or
liens taken in part pay
ment for premiums on
new policies 22379 20
2 Premium notes loans or
liens taken in part pay
ment for renewal pre
miums 734072 39COMPTROLLERGENERALS REPORT
299
3
3i
4
5
From dividends applied
to pay running premi
ums 1285230 65
From dividends applied
to purchase paidup ad
ditions and annuities 391784 51
From surrender values
applied to pay running
premiums 9454 98
Consideration for annuni
ties other than ma
tured installment pol
icies 253719 29
7 Total premium income 14834018 21
8 Cash received for interest un mortgage
loans 2316890 22
9 Cash received for interest on bonds
owned and dividends on stock 1033149 65
10 Cash received for interest on premium
notes loans or liens and collateral
loans 872936 97
11 Cash received for interest on other
debts due the company 12267 43
12 Cash received as discount on claims paid
in advance 1450 03
13 Cash received for rents for use of com
panys property 160604 88
14 Cash received for profits on sales of real
estate 10599 07
19 From all other sources viz Proceeds
of sale of stock taken in adjustment
of amount due on bonds in default 8348 96
Total income 19250265 42
IIIDISBURSEMENTS FOB THE YEAR 1905
1 Cash paid for death
claims inc uding rever
sionary additions 490174193
2 Premium notes loans or
liens used in payment of
the same 149015 41
3 Cash paid for matured en
dowments and addi
tions thereto 1337626 25
4 Premium notes loans or
liens used in the pay
ment of same 71695 23300
COMPTROLLERGENERALS REPORT
5 Cash paid for sums falling
due during the year on
installment policies
78825 30
7 Total net amount actually paid for losses
and matured endowments 653S904 12
8 Cash paid to annuitants 140745 95
9 Premium notesloansor liens used in pur
chase of surrendered policies 251
54883 voided bj lapse less 1065 re
stored by revival 989727 261446 10
9J Premium notes loans or liens used in
payment of dividends topolicyholders 6262 86
10 Cash dividends paid policyholders 315508 99
11 Cash dividends applied to pay running
premiums 1285230 65
12 Cash dividends applied to purchase paid
up additions and annuities 391784 51
13 Surrender values paid in cash 1350684 85
14 Surrender values applied to pay run
ning premiums 9454 98
Total paid policyholders1030002301
17 Cash paid for commissions and bonuses
to agents less commission on reinsur
ance new policies 81797372 re
newals 70513983 1523113 55
18 Cash paid for salaries and allowances to
managers and agents 85706 26
19 Cash paid for medical examinersfees 172807 32
20 Cash paid for salaries and all other com
pensation of officers and other home
office employees 321333 86
21 Cash paid for taxes on premiums 151
38756 on franchise 33726 32 185113 88
22 Cash paid for taxes on reserves 20
60486 on investments 21172718 on
real estate 4921731 281549 35
23 Cash paid for insurance department fees
and agents licenses 1269773 muni
cipal licenses 5794 07 1849180
25 Cash paid for commuting commissions 2500 00
27 Cash paid for advertising 5676239
printing 1852092 postage 3750122 112784 53
28 Cash paid for real estate expenses other
than taxes 5227552 for legal ex
penses 14140 90 96416 42
29 Cash paid for the following items viz
Investment expenses 8817444 ex
penses of examination by N J Ins
Dept 11240 96 99415 40COMPTROLLERGENERALS REPORT
301
30
Miscellaneous office expenses 627976
premiums on bonds purchased 102
01472 charged off from foreclosed real
estate 6500000
Total miscellaneous expenses 2962
02813
Total disbursements
229810 18
13429065 86
IVASSETS AS PER LEDGER ACCOUNTS
1 Book value of real estate exclusive of all
incumbrances 3079706 90
2 Loans on mortgage first liens on real
estate 47103927 09
3 Loans secured by pledge of bonds stocks
or other marketable collaterals 3104350 00
4 Loans made in cash to policyholders on
this companys policies assigned as col
lateral or secured by terms of policy 9163798 i8
5 Premium notes loans or liens on poli
cies in force of which 2192777 was
received during the year 4893648 66
6 Book value of bonds and stocks owned
excluding accrued interest at time of
purchase 26414551 33
7 Cash in companys office 7301 22
8 Cash deposited in banks 1082965 07
10 Agents ledger balances 72542 48
14
15
16
21
23
24
11 Total net or ledger assets 94922790 93
OTHER ASSETS
Interest due 4266899 and accrued
106171656 on mortgages
Interest accrued on bonds and stocks
Interest accrued on collateral loans
17 Interest accrued on premium notes pol
icy loans or liens
1104385 55
228080 07
66 66
329232 22
Total carried out 1661764 50
Market value of bonds and stocks over book value 1383412 37
Gross premiums due and
unreported on policies
in force December 31
1905
Gross deferred premiums
on policies in force De
cember 31 1905
New Business
Renewals
191722 68 437721 40
143528 99
830686 31
Totals 335251 67 1268407 71302
COMPTROLLERGENERALS REPORT
25 Deducting loading 42 per
cent on new and 20
percent on renewals
to reduce renewals to
net
140805 69
253681 54
26 Net amount of uncol
lected and deferred pre
miums 194445 98 1014726 17 1209172 15
28 Total assets as per the books of the company 99127139 95
ITEMS NOT ADMITTED
5 Agents balances total
72542 48
9 Total assets less items not admitted 99054597 47
VLIABILITIES
Net present value of all the outstanding
policies in force on the 31st day of De
cember 1905 computed according to
the Actuaries and American table of
mortality with four and three per
cent interest 89723287 00
4
5
9
10
13
16
Net reinsurance reserve
Claims for matured endowments due
and unpaid
Claims for death losses in process of ad
justment or adjusted and not due
Claims for death losses and other policy
claims resisted by the company
Present value of unpaidamounts on ma
tured installment policies face 432
30250
Claims for death losses no proofs re
ceived estimated
89723287 00
34826 00
225414 36
12000 00
329155 59
30000000
Total policy claims
Amount of all unpaid dividends of surplus or other
description of profits due policyholders
Amount due on account of salaries rents and office ex
penses estimated
Amount of any other liability of the company viz
Premiums paid in advance 76319 66 deferred en
dowment claims 23654307 deferred death claims
18556886
901395 95
326217 23
25000 00
498431 69COMPTROLLERGENERALS REPORT
17 Liabilities on policyholders account
18 Gross surplus on policyholders account
303
91474331 77
7580265 70
99054597 47
19 Total liabilities
21 Estimated surplus accrued on all other
policies 7580265 70
Business in the State of Georgia during the year 1905
No
Number and amount of policies on the lives of citi
zens of Georgia in force December 31 of previous
year 3858
Number and amount of policies on the lives of citi
zens of Georgia issued during the year 718
Total4576
Deduct number and amount which have ceased to be
in force during the yearJ66
Total number and amount of policies in force in
Georgia December 31 19054210 8912307 00
Amount of losses and claims on policies in Georgia
unpaid December 31 of previous year
Amount of losses and claims on policies in Georgia
8263608 00
1379368 00
9642976 00
730669 00
incurred during the year 33
Total
Amount of claims loaned on policies in Georgia paid
during the year
Amount of premiums collected or secured in Georgia
during the year without any deduction for Tosses
dividends commissions or othsr expenses
35
33
66S7 00
78882 00
85549 00
72882 00
312495 95
THE MUTUAL LIFE INSURANCE COMPANY OF SEW YORK
William J Easton aPrPtarifes
Charles A Peabody President Qbanvillb M White wreMe8
Principal Office 32 Nassau Street New York City
ICAPITAL STOCK
Amount of ledger assets as per bal
ance December 31 of previous year 408293315 73
Extended at
IIINCOME
1 First years premiums on original poli
cies without deduction for commis
sions or other expenses less 5932857
for first years reinsurance iw iu304 COMPTROLLERGENERALS REPORT
2 Surrender values applied to pay first
years premiums 34006 31
3 Total first years premiums on original
policies 7353073 71
4 Dividends applied to purchase paidup
additions and annuities 1192543 81
6 Consideration for original annuities in
volving life contingencies 2769301 84
7 Consideration for supplementary con
tracts involving life contingencies 695156 99
8 Total new premiums and annuity considerations 12010076 35
9 Renewal premiums in addition to items
10 11 and 12 without deduction for
commissions or other expenses less
10879257 for reinsurance on renewals 50407771 69
10 Dividends applied to pay renewal premi
ums 42890 08
11 Surrender values applied to pay renewal
premiums 479731 48
12 Renewal premiums for deferred annui
ties 37745 97
13 Total renewal premiums 50968 139 22
14 Total premium and annuity income 62978215 5
15 Consideration for supplementary contracts not involv
ing life contingencies 308294 39
18 Interest on mortgage loans 4668686 44
19 Interest on collateral loans 373942 69
20 Interest on bonds and dividends on
stocks 10673817 37
21 Interest on policy loans or liens 1358908 41
22 Interest on other debts due the com
pany 554988 60
24 Rent from companys property including
275000 for companys own occupancy 1726027 01
25 Total interest and rents 19 355 379 52
26 Profit on sale or maturity of ledger assets 2345 536 33
Cash inadvertently charged as expense prior to 1905
2500000 overpayments ledger credits to indi
viduals 5157607 total 76576 07
28 Total income 85064992 88
IIIDISBURSEMENTS
1 For death claims l ss 2000000 reinsur
ance 1984642153 additions 109
64605 20926067 58
2 For matured endowments 430541155
additions 32334978 4628761 33COMPTROLLERGENERALS REPORT
305
3 Net amount paid for losses and matured endowments 25554828 91
4 For annuities involving life contingencies 2627882 97
6 Surrender values paid in cash 4 012 366 87
7 Surrender values applied to pay new premiums see in
come No 2 3400631 to pay renewal premiums see
income No 11 147973148 513737 79
9 Dividends paid to policyholders in cash 1522 570 10
10 Dividends applied to pay renewal premiums see income
No 10 42890 08
11 Dividends applied to purchase paidup additions and
annuities see income No 4 1 192 543 81
12 Total paid policyholders 35466820 53
13 Paid for claims on supplementary contracts not involv
ing life contingencies 176 364 94
15 Commissions and bonuses to agents less commission on
reinsurance first years premiums 525687178 re
newal premiums 160906291 on annuities original
11988606 renewal 90067 6988721 42
16 Commuting renewal commissions 78716 16
17 Salaries and allowances for agencies including mana
gers agents and clerks 2009650 90
18 Agency supervision traveling and all other agency
expenses 244130 32
19 Medical examiners fees 62674402 inspection of risks
16082236 787i566 38
20 Salaries and other compensation of officers and home
office employees not medical including foreign de
partment heretofore under No 17 1189417 16
21 Rent including 275000 for companys own occupancy 645945 20
22 Advertising 30920838 printing and stationery 503
50897 postage 21831393 103103128
23 Legal expenses 302248 00
24 Furniture fixtures and safes 96379 13
25 Insurance taxes licenses and department fees 779189 15
26 Taxes on real estate 334263 96
27 Repairs and expenses other than taxes on real estate 621553 55
28 Loss on sale or maturity of ledger assets 3524 32
29 All other disbursements Exchange and brokerage 52
00228 committee fees and surety bonds 3630758
freight express duties restaurant 11030755 inves
tigation committees expenses 1220387 miscella
neous items 824550 total 219066 78
Loss on policy settlements 378 09
Real estate valuation adjustments 5000000 00
30 Total disbursements 55972967 27
20 in
306
COMPTROLLERGENERALS REPORT
IVLEDGER ASSETS
1 Book value of real estate unincumberedi
2 Mortgage loans on real estate first liens
3 Loans secured by pledge of bonds stocks or other col
lateral
4 Loans made to policyholders on this companys policies
assigned as collateral
6 Book value of bonds excluding interest 18816792787
stocks 15181877418
7 Deposited in trust companies and banks on interest
8 Cash in companys office 2577010 deposited in banks
not on interest 29875907
9 Agents balances 94011951 suspense 870619
10 Total ledger assets
31014858 51
109771163 16
18195000 00
28198278 84
239986702 05
8945983 9i
324529 17
948825 70
437385341 34
1984036 50
101312 52
46831 01
180834 95
Renewals
NONLEDGER ASSETS
11 Interest due 1482609 and accrued 1
25413554 on mortgages 126896
12 Interest accrued on bonds and stocks
13 Interest accrued on collateral loans
15 Interest accrued on other assets
16 Rents due 1933647 and accrued 161
49848 on companys property or lease
17 Total interest and rents due and accrued 3581976 61
19 Market value not including interest in item 12 of
bonds and stocks over book value
21 Gross premiums due and New Business
unreported on policies
in force December 31
1905
22 Gross deferred premiums
on policies in force De
cember 31 1905
23 Totals
24 Deduct loading 26 percent
25 Net amount of uncol
lected and deferred
premiums
27 Gross assets
75683 97 4520525 56
192514 72 2680881 59
26819S 69
69731 66
7201407 15
1872365 86
18467 03 5329041 29 5527508 32
471809991 60
DEDUCT ASSETS NOT ADMITTED
940119 51
8706 19
30 Agents debit balances
34 Suspense
35 Total
36 Total admitted assets 470861165 90
948825 70COMPTROLLERGENERALS REPORT
VLIABILITIES
1 Net present value of all outstanding poli
cies in force on the 31st day of Decem
ber 1905 as computed by the insurance
department of New York on the actu
aries table of mortality with four per
cent interest for policies issued before
January 1 1898 and on the American
table with three and onehalf per cent
interest for policies issued on and
after that date344515794 00
Same for reversionary additions 12708852 00
Same for annuities including those in
reduction of premiums 29852605 00
Total 387077251 00
Deduct net value of risks of this company
reinsured in other solvent companies 33061 00
307
Net reserve 387044190 09
2 Present value of amounts not yet due on supplementary
contracts not involving life contingencies computed
by the company 1466513 31
3 Liability on policies cancelled and not included in item
1 upon which a surrender value may be demanded 9091 57
5 Claims for death losses in process of ad
justment or adjusted and not due 1720681 16
6 Claims for death losses which have been
reported and no proofs received 403980 00
7 Claims for matured endowments due and
unpaid not yet presented 107539 30
8 Claims for death losses and other policy
claims resisted by the company 116659 00
9 Due and unpaid on annuity claims involv
ing life contingencies not yet pre
sented 187343 52
10 Total policy claims 2536202 98
11 Due and unpaid on supplementary contracts not involv
ing life contingencies 2738 46
12 Premiums and interest paid in advance including sur
render values so applied 1216337 43
15 Salaries rents office expenses taxes bills accounts
bonuses commissions medical and legal fees due or
accrued 152857 63
19 Dividends or other profits due policyholders including
those contingent on payment of outstanding and de
ferred premiums 165627 72
Reserve for contingent guarantee fund 75417606 80
Surplus to be apportioned in 1906 2850C00 00
25 Total liabilities470861165 90
308 COMPTROLLERGENERALS REPORT
Business in Georgia during 1905
No Amount
Policies on the lives of citizens of said State in
force December 31 of previous year 11848 26563546 00
Policies on the lives of citizens of said State issued
during the year 3690128 OO
Total 13527 30253674 00
Deduct ceased to be in force during the year 43327630 00
Policies in force December 31WJ 26926044 00
Losses and claims incurred during the year 150 438417 10
Losses and claims settled during the year in cash1353o38d5 bu
Losses and claims unpaid December 31 15 7158150
Premiums collected or secured in cash and notes or
credits without any deduction for losses dividends
commissions or other expenses 928652 06
MUTUAL RESERVE LIFE INSURANCE COMPANY OF NEW YORK
Fkkdebick A Burnham President Ohab W Camp Secretary
Principal Office 305 307 309 Broadway New York N Y
Clifford L Anderson Atlanta Attorney for Service in Georgia
ICAPITAL STOCK
Amount of net or ledger assets December
31 of previous year as determined by
examination of New York Insurance
Department 488378140
Extended at 48881 4
IIINCOME DUREKU THE YEAR 1905
1 Cash received for premiums on new poli
cies without deductions for commis
sions or other expenses 381521 23
1 Cash received for renewal premiums
without deductions for commissions or
otherexpenses 3203718 49
2 Premium notes loans or liens taken in
nart payment for premiums on new
F L 88483 S8
policies
2i Premium notes loans or liens taken in
part payment for renewal premiums 747119 19
3 From dividends applied to pay running
premiums see item 11 disbursements 85347 63
4 From surrender values applied to pay
running premiums see item 14 dis
bursements 27 0BCOMPTROLLERGENERALS REPORT
309
From surrender values applied to pay
first years premiums
4J From surrender values applied to pur
chase paidup insurance and annuities
see item 15 disbursements
5 Consideration for annuities other than
matured installment policies

267 67
36056 90
9711 00
7 Total premium income
8 Cash received for interest on mortgage loans
9 Cash received for interest on bonds owned and dividends
on stock
10 Cash received for interest on premium notes loans or
liens
11 Cash received for interest on other debts due the com
pany
13 Cash received for rents for use of companys property
including 5040000 for companys own occupancy
14 Cash received for profits on sales of bonds or stocks
17 Premium notes loans or liens restored by revival of
policies
19 From all other sources viz Fees for alteration in poli
cies 16991 refund of taxes New York City 31
17725 New York State 503691
Total income
IIIDISBURSEMENTS FOR THE YEAR 1905
1 Cash paid for death claims including re
visionary additions 2385101 49
2 Premium notes loans or liens used in
payment of the same 122570 52
7 Total net amount actually paid for losses and matured
endowments
8 Cash paid to annuitants
9 Premium notes loans or liens used in purchase of sur
rendered policies 30026673 voided by lapse 162
15409
9J Premium notes loans or liens used in payment of divi
dends to policyholders
10 Cash dividends paid policyholders
11 Cash dividends applied to pay running premiums see
item 3 income
13 Surrender values paid in cash
14 Surrender values applied to pay running premiums see
item 4 income
25 Surrender values applied to purchase paidup insurance
and annuities see item 4J income
Total paid policyholders 3388706 74
4552253 07
16069 43
18367 13
116547 59
17795 15
158443 57
4351 63
4920 06
36384 07
4925131 70
2507672 01
465 61
462420 82
1638 62
11022 87
S5347 63
283787 53
294 75
36056 90310
COMPTROLLERGENERALS REPORT
17 Cash paid for commissions and bonuses to agents less
commission on reinsurance new policies 28473412
renewals 11070029 original annuities 49555 395929 96
18 Cash paid for salaries and allowances to managers and
agents 134692 89
J9 Cash paid for medical examiners fees 2281403 in
spection of risks 200270 24816 73
20 Cash paid for salaries and all other compensation of offi
cers and other home office employees 296080 50
21 Cash paid for taxes on new premiums and on renewals 49128 49
22 Cash paid for taxes on investments 23905 82
23 Cash paid for insurance department fees and agents li
censes 561621 municipal licenses 158224 7193 45
Cash paid for taxes on franchise 1909 18
24 Cash paid for rent including 5040000 companys occu
pancy less 90250 received under sublease 75845 44
26 Cash paid for furniture fixtures and safes for home and
agency offices 118125
27 Cash paid for advertising 2023658 printing 1825604 38492 62
28 Cash paid for real estate expenses other than taxes
10420221 for legal expenses 8544805 189650 26
29 Cash paid for the following items viz Traveling and
agency expense 6067331 postage 2014293 loss
on sale of ledger assets 347300 expenses incurred
in securing refund of taxes from New York City
132375 actuarial expense 2740500 investment
expense 120000 general office expense 7517600
reduction cost value of leasehold 649770 expenses
of investigation 11630606 total 312197 75
Total miscellaneous expenses 1551029 34
30 Total disbursements 4939736 08
IVASSETS AS PER LEDGER ACCOUNTS
1 Cost value of real estate exclusive of all incumbrances 673S13 26
2 Loans on mortgage first liens on real estate 361550 00
4 Loans made in cash to policyholders on this companys
policies assigned as collateral 2039100 2
5 Premium notes loans or liens on policies in force of
which 8848388 was received during the year 365545 37
6 Cost value of bonds and stocks owned excluding accrued
interest at time of purchase 515530 03
7 Cash in companys office 566 76
8 Cash deposited in banks 694871 50
10 Agents ledger balances 95290 06
On deposit with collecting banks and bonded collectors 122909 92
11 Total net or ledger assets 4869177 02
12 Deduct depreciation from cost of assets to bring same
to market value 10364 28
13 Total net or ledger assets less depreciation 4858812 74COMPTROLLERGENERALS REPORT
311
OTHER ASSETS
14 Interest accrued on mortgages 2964 83
15 Interest due 131170 and accrued 2
35053 on bonds and stocks 4162 23
17 Interest due 839400 and accrued 47
68300 on premiums notes loans or
liens 56032 00
18 Interest due 18811 and accrued 1
17183 on other assets 1359 94
19 Rents due on companys property 2944 82
Total carried out
20 Market value of real estate over cost
23 Gross premiums due and un New Business
reported on policies in
force December 31 1905 25050 76
24 Gross deferred premiums
on policies in force De
cember 31 1905 62638 00
67463 82
2199 74
Renewals
190489 54
870215 56
Totals 87688 76 1060705 10
25 Deducting loading 50 per
cent on new and 10
per cent on renewals 43844 38 106070 51
26 Net amount of uncollected
and deferred premiums 43 844 38 954634 59
998478 97
28 Total assets as per the books of the company 5926955 27
ITEMS NOT ADMITTED
5 Agents balances
95290 06
9 Total assets less items not admitted 5831665 21
VLIABILITIES
1 Net present value of all the outstanding
policies in force on the 31st day of De
cember 1905 computed according to
the actuaries table of mortality with
4 per cent interest and American table
per cent 444515300
Net reinsurance reserve 444515j
2 Premium notes or loans on policies and
other obligations in excess of the net
value of their policies
5 Claims for death losses and matured en
dowments in process of adjustment or
adjusted and not due
6 Claims for death losses and other policy
claims resisted by the company
00
453995 75
482586 82
58007 53
312
COMPTROLLERGENERALS REPORT
7 Claimsfordeath losses reported no proofs
received 118712 82
8 Present value of unpaid amounts on ma
tured installment policies face 1
00000 654 00
Total policy claims 1113956 9
10 Amount of all unpaid dividends of surplus or other
description of profits payable policyholders of which
356969 is contingent on payment of outstanding and
deferred premiums 8266 08
13 Amount due on account of salaries rents and office ex
penses 2058 13
Liability on policies cancelled on which a surrender
value may be demanded 53193 45
16 Amount of any other liability of the company viz Pre
miums paid in advance 3507 88
Judgments secured pending appeal claims other than
death claims 133833 30
17 Liabilities on policyholders account
18 Gross surplus on policyholders account
5759968 76
71696 45
19 Total liabilities
21 Estimated surplus accrued on all other policies 7169645
5831665 21
Business in Georgia during 1905
No
Number and amount of policies on the lives of citi
zens of Georgia in force December 31 of previous
year 1776
Number and amount of policies on the lives of citi
zens of Georgia issued during the year 926
Total 2702
Deduct number and amount which have ceased to be
in force during the year 635
Total number and amount of policies in force in
Georgia December 31 1905 2067
Amount of losses and claims on policies in Georgia
unpaid December 31 of previous year 7
Amount of losses and claims on policies in Geor
gia incurred during the year 21
Amount
3795318 00
1237000 00
5032318 00
1415294 00
3617024 00
15081 96
39814 76
Total 28 54896 72
Amount of losses and claims on policies in Georgia
paid during the year 21 40696 72
Amount of premiums collected or secured in Georgia during
the year in cash and notes or credits without any deduc
tion for losses dividends commissions or other expenses
Cash 14195700 notes or credits 484400 total 146801 00COMPTROLLERGENERALS REPORT 313
NATIONAL LIFE INSURANCE COMPANY CHICAGO ILL
A M Johnson President R D Lay Secretary
JPrincipal Office 159 LaSalle Street Chicago 111
I CAPITAL STOCK
1 Amount of capital stock
paid up in cash 1000000 00
Amount of net or ledger assets December
31 of previous year 4610161 66
Extended at 4610161 66
IIINCOME DURING YEAR 1905
1 Cash received for premiums on new poli
cies without deductions for commis
sions or other expenses 395218 00
1 Cash received for renewal premi urns
without deductions for commissions or
other expenses 1321215 41
3K From dividends applied to purchase
paidup additions and annuities see
item 12 disbursements 744 28
44 From surrender values applied to pur
chase paidup insurance and annuities
see item 15 disbursements 17644 80
5 Consideration for annuities other than
matured installment policies 41 52
Total 1734864 01
6 Deduct amouDt of premiums paid to other
companies for reinsurance on policies
in this company new business 62595
renewals 1367063 4296 58
7 Total premium income
8 Cash received for interest on mortgage loans
9 Cash received for interest on bonds owned and dividends
on stock
Cash received for interest on premium notes loans or
liens
11 Cash received for interest on other debts due the com
10
pany
13 Cash received for rents for use of companys property
14 Cash received for profits on sales of bonds or stocks real
estate etc
16 Consideration for supplementary contracts not involving
life contingencies
17 Premium notes loans or liens restored by revival of
policies
1730567 43 90423 64
110692 81
27717 52
10868 47 13579 97
7827 50
9192 00
972 43
314
COMPTROLLERGENERALS REPORT
19
From all other sources viz Charged off agentsbalances
paid during year 239635 charged off notes paid
during year 122915 profit and loss 10731
3732 81
Total income 2005571 58
IIIDISBURSEMENTS FOR THE YEAR 1905
1 Cash paid for death claims including re
versionary additions
3 Cash paid for matured endowments and
additions thereto
Total
6 Deduct amount received from other com
panies for losses or claims on policies
of this company reinsured matured
endowments
356435 76
50 00
356485 76
5000 00
7 Total net amount actually paid for losses and matured
endowments
IS Cash paid to annuitants
9 Premium notes loans or liens used in purchase of sur
rendered policies 12019625 voided by lapse 268421
10 Cash dividends paid policyholders
12 Cash dividends applied to purchase paidup additions
and annuities see item 3J income
14 Amounts returned to policyholders
15 Surrender values applied to purchase paidup insurance
and annuities see item 4J income
Total paid policyholders 498665 55
16 Paid for claims on supplementary contracts not involv
ing life contingencies
17 Cash paid for commissions and bonuses to agents less
commission on reinsurance new policies 27298677
renewals 4483283 on annuities original 2698
18 Cash paid for salaries and allowances to managers and
agents
19 Cash paid for medical examiners fees 3361445 in
spection of risk3 893023
20 Cash paid for salaries and all other compensation of
officers and other home office employees
21 Taxes on real estate
22 Loss on sale or maturity of ledger assets
23 Cash paid for insurance department fees and agents
licenses and municipal licenses
24 Cash paid for rent
25 Cash paid for commuting commissions
26 Cash paid for furniture fixtures and safes for home and
agency offices
27 Cash paid for advertising 2927780 printing 18610 75
postage 568456
351485 76
1773 14
122880 48
723 42
744 23
3413 69
17644 80
3720 00
317846 58
148550 96
42544 68
104993 32
5948 98
18681 25
V 8965 37
14390 81
2140 17
9804 07
53573 11COMPTROLLERGENERALS REPORT 315
28 Cash paid for legal expenses 17531 19
29 Cash paid for the following items viz Agency super
vision traveling and other agency expenses 15749 96
Total miscellaneous expenses Taxes on personal prop
erty 153255 investment expenses 140797 collec
tion and exchange 7781 telegrams telephones and
express 264673 light 98898 miscellaneous 1
57034 agents balances charged off 7409029 profit
and loss 10960 increase in book value of real estate
475000 decrease in value of stocks 32500 87499 27
30 Total disbursements 1370605 27
10
IVASSETS AS PER LEDGER ACCOUNTS
Cost value of real estate exclusive of all incumbrances 349810 25
Loans on mortgage first liens on real estate 1859578 50
Loans secured by pledge of bonds stocks or other mar
ketable collaterals 28820 00
Loans made in cash to policyholders on this companys
policies assigned as collateral 232339 38
Premium notes loans or liens on policies in force 20204 50
Cost value of bonds and stocks owned excluding accrued
interest at time of purchase 2467974 36
Cash in companys office 4i163 17
Cash deposited in banks 243535 84
Bills receivable 368 64
Agents ledger balances 1336 33
13 Total net or ledger assets 5245130 97
OTHER ASSETS
14 Interest due 95750 and accrued 28
35953 on mortgages 29317 03
15 Interest accrued on bonds and stocks 2347 50
16 Interest accrued on collateral loans 278 45
17 Interest accrued on premiums notes
loans or liens 450 82
19 Rents accrued on companys property or
lease 307437
Total carried out 33468 17
20 Market value of real estate over cost 72090 00
21 Market value of bonds and stocks over cost 533500 64
22 Due from other companies for losses or claims on poli
cies of this company reinsured 5000 0
New Business Renewals
23 Gross premiums due and
unreported on policies in
force December 31 1905 83347 03 6362189
316
COMPTROLLERGENERALS REPORT
19870 69
168324 20
24 Gross deferred premiums
on policies in force De
cember 311905
TotalsS
25 Deducting loading
26 Net amount of uncollected
and deferred premiums 15735 54 187575 14 203310 68
28 Total assets as per the books of the company 6092500 46
103217 72 231846 09
87482 18 44270 95
VLIABILITIES
1 Net presentvalue of all the outstanding
policies in force on the 31st day of De
cember 1905 computed according to the
actuaries and American tables of mor
tality with four and Z4 per cent in
terest
Deduct net value of risks of this com
pany reinsured in other solvent com
panies
Net reinsurance reserve
4 Claims for death losses reported and no
proofs receivedi
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
4694648 51
26883 00
4667765 51
24234 00
12046 00
12294 73
448 20
Total policy claims
11 Amount of unpaid commissions due agents on premium
notes when paid
13 Amount due on account of salaries rants and office ex
penses
14 Present value of amounts not yet due on supplementary
contracts not involving life contingencies computed
by the company
16 Amount of any other liability of the company viz Pre
miums paid in advance
Dividends apportioned payable to policyholders subse
quent to 1906
17 Liabilities on policyholders sccount
18 Gross surplus on policyholders account

49022 93
726 81
3000 00
38793 46
45658 68
183429 21
4988396 60
1104103 86
19 Total liabilities 6092500 46COMPTROLLERGENERALS REPORT 317
Business in Georgia during 1905
No Amount
Number and amount of policies on the lives of citi
zens of Georgia in force December 31 of previous
year 685 1C61039 35
Number and amount of policies on the lives of citi
zens of Georgia issued during the year 288 387192 07
Total 973 144823142
Deduct number and amount which have ceased to
be in force during the year 133 226760 34
Total number and amount of policies in force in
Georgia December 31 1905 840 1221471 08
Amount of losses and claims on policies in Georgia
unpaid December 31 of previous year 3 3512 25
Amount of losses and claims on policies in Georgia
incurred during the year 9 i484t 00
TotalU 12 1835325
Amount of losses and claims on policies in Georgia
paid during the year H 1734100
Amount of premiums collected or secured in Georgia during
the year in cash without any deduction for losses divi
dends commissions or other expenses 38040 51
NATIONAL LIFE INSURANCE COMPANY MONTPELIER VERMONT
Joseph A DeBoer President Osman D Clark Secretary
Principal Office 116 State Street Montpelier Vermont
ICAPITAL STOCK
Amount of net or ledger assets December
31 of previous year 29972298 69
Extendedat 29972298 69
nINCOME DURING YEAR 1905
1 Cash received for premiums on new poli
cies without deductions for commis
sions or other expenses 819071 88
li Cash received for renewal premiums
without deductions for commissions or
other expenses 4126405 43
21 Premium notes loans or liens taken in
part payment for renewal premiums 358145 OS
3 From dividends applied to pay running
premiums see item 11 disbursements 12393 27318
COMPTROLLERGENERALS REPORT
3J From dividends applied to purchase paid
up additions and annuities see item 12
disburs3ments
4 From surrender values applied to pay
running premiums see item 14 dis
bursements
5 Consideration for annuities other than
matured installment policies
6273 67
390 35
514092 48
7 Total premium income
8 Cash received for intereston mortgage loans
9 Cash received for interest on bonds owned and divi
dends on stock
10 Cash received for interest on premium notes loans or
liens
11 Cash received for interest on other debts due the com
pany
12 Cash received as discount on claims paid in advance
13 Cash received for rents for use of companys property
including 750000 for companys own occupancy
19 From all other sources viz Consideration for supple
mentary contracts not involving life contingencies
Total income
5948318 16
632293 15
491295 74
251481 94
28597 51
594 48
81936 47
7148 75
7441666 20
IIIDISBURSEMENTS FOR THE YEAR 1905
1 Cash paid for death claims including re
versionary additions
2 Premium notes loans or liens used in
payment of the same
3 Cash paid for matured endowments and
additions thereto
5 Cash paid for sums falling due during the
year on installment policies
1322023 57
10627 00
550907 71
5993 21
7 Total net amount actually paid for losses and matured
endowments
8 Cash paid to annuitants
9 Premium notes loans or liens used in purchase of sur
rendered policies
9J Premium notes loans or liens used in payment of divi
dends 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 income
13 Surrender values paid in cash
14 Surrender values applied to pay running premiums see
item 4 income
1889551 49
168561 82
86441 74
109 89
62038 14
123939 27
6273 67
488941 44
390 35COMPTROLLERGENERALS REPORT
319
20
21
Total paid policyholders2826247 81
15J Paid for claims on supplementary contracts not involv
ing life contingencies
17 Cash paid for commissions and bonuses to agents less
commission on reinsurance new policies 45906708
renewals 32123439 annuities 2542875
18 Cash paid for salaries and allowances to managers and
agents
19 Cash paid for medical examiners fees 6864700 in
spection of risks 648726
Cash paid for salaries and all other compensation of
officers and other home office employees
Cash paid for taxes on new premiums 1499417 on
renewals 8293411
22 Cash paid for taxes on reserves 2223632 on invest
ments 14599
23 Cash paid for insurance department fees and agents
licenses 491701 municipal licenses 432579
24 Cash paidjffor rent including 750000 companys occu
pancy
25 Cash paid for commuting commissions
26 Cash paid for furniture fixtures and safes for home and
agency offices
27 Cash paid for advertising 4053413 printing and sta
tionery 1527665 postage telegrams and express
1703425
Cash paid for real estate expenses other than taxes
3250451 for legal expenses 753760
Cash paid for the following items viz taxes on real
estate 1895558 travel 789019 investment expense
402661 premiums on bonds 7054833 depreciation
3521620
Total miscellaneous expenses 159006946
28
29
30 Total disbursement
2379 14
805730 22
139351 20
75134 26
143152 46
97928 28
22382 31
9242 80
26429 16
1576 03
17239 55
72845 03
40042 11
136636 91
4416317 27
IVASSETS AS PER LEDGER ACCOUNTS
Cost value of real estate exclusive of all incumbrances
Loans on mortgage first liens on real estate
Loans made in cash to policyholders on this company s
policies assigned as collateral
Premium notes loans or lines on policies in force
Cost value of bonds and stocks owned excluding ac
crued interest at time of purchase
Cash in companys office
8 Cash deposited in banks
10 Agents ledger balances
4
7
13 Total net or ledger assets
939517 10
13133031 05
3391838 43
1238601 14
13148745 52
1150 98
1143569 10
1194 30
32997647 62320
COMPTROLLERGENERALS REPORT
OTHER ASSETS
14 Interest due 305273 and accrued 248
81045 on mortgages claimed as an
asset
15 Interest accrued 19132024 on bonds
and stock claimed as an asset
17 Interest due 1373644 and accrued
13017267 on premiums notes loans
or liens
18 Interest accrued on other assets
19 Rents accrued on companys property or
lease claimed as an asset
Total carried out
21 Market value of bonds and stocks over cost
New Business
23 Gross premiums due and un
reported on policies in
force December 31 1905
24 Gross deferred premiums on
policies in force December
31 1905
251863 18
191320 24
143909 11
1737 00
4025 84
Renewals
113018 93 272375 97
73849 21 398558 69
186868 14 668934 66
Totals
25 Deducting loading 57 per
cent on new and 7 per
cent on renewals

26 Net amount of uncollected
and deferred premiums 80353 30 622109 23 I
Annuity considerations unreported net
106514 84
46825 43
592855 37
239495 48
702462g53
2090 00
28 Total assets as per the books of the company 34531551 00
ITEMS NOT ADMITTED
5 Agents balances 1194 30
9 Total assets less items not admitted 34535356 70
VLIABILITIES
1 Net present value of all the outstanding policies in force
on the 31st day of December 1905 computed accord
ing to the actuaries table of mortality with four per
cent interest 30097158 56
4 Claims for matured endowments due and
unpaid 2415 00
5 Claims for death losses and matured en
dowments in process of adjustment or
adjusted and not due 69683 27
7 Amounts due and unpaid on annuity
claims 5540 34COMPTROLLERGENERALS REPORT
321
Present value of
matured instal
7951726
unpaid amounts on
ment policies face
1068 76
Total policy claims if
10 Amount of all unpaid dividends of surplus or other de
scription of profits due policyholders
Surrender values claimable on policies surrendered
12 Amount of national State or other taxes due on account
of salaries rents and office expenses
16 Amount of any other liability of the company viz Pre
miums paid in advance 1131439 extra life rate en
dowment reserve 26643247
17 Liabilities on policy holders account 3 694978 20
18 Gross surplus on policyholders account 3838378 50
145707 37
15695 60
6997 05
151672 76
277746 86
19 Total liabilities 34533356 70
20
21
Estimated surplus accrued on tontine or
other policies the profits upon which
are especially reserved for that class of
policies
Estimated surplus accrued on all other
policies
2222600 87
1615777 63
Business in Georgia during 1905
No
Number and amount of policies on the lives of
citizens of Georgia in force December 31 of pre
vious year 656
Number and amount of policies on the lives of citi
zens of Georgia issued during the year 692
Total 1348
Deduct number and amount which have ceased to
be in force during the year 262
Total number and amount of policies in force in
Georgia December 311905 1086
Amount of losses and claims on policies in Georgia
incurred during the year 6
Total 6
Amount of losses and claims on policies inGeorgia
paid during the year 6
Amount of premiums collected or secured in Georgia during
the year in cash 6122868 and notes or credits 39310
without any deduction for losses dividends commissions
or other expenses
21 in

Amount
1296179 02
1507771 37
2803950 39
560473 76
2243476 63
11000 00
11000 00
11000 00
61621 78
322
COMPTROLLERGENERALS REPORT
NEW ENGLAND MUTUAL LIFE INSURANCE COMPANY BOSTON
MASSACHUSETTS
Benjamin F Stevens President D F Appel Secretary
Principal Office 87 Milk Street Boston Mass
Thomas B Lumpkin Atlanta Attorney for Service in Georgia
ICAPITAL STOCK
Extended at 35834997 20
IIINCOME DURING YEAR 1905
1 Cash received for premiums on new poli
cies without deductions for commis
sions or other expenses
lj Cash received for renewal premiums
without deductions for commissions or
other expenses 4399022 45
2 Premium notes loans or liens taken in
part payment for renewal premiums
3 From distributions applied to pay run
ning premiums see item 11 disburse
ments
3J From distributions applied to purchase
paidup additions see item 12 dis
bursements 72498 30
4 From surrender values applied to pur
chase paid up insurance see item 15
disbursements 25967 59
770054 23
9403 13
471373 48
7 Total premium income
8 Cash received for interest on mortgage loans
9 Cash received for interest on bonds owned and dividends
on stock
10 Cash received for interest on premium notes loans or
liens
11 Cash received for interest on other debts due the com
pany collateral loans and bank interest
12 Cash received as discount on claims paid in advance
13 Cash received for rents for use of companys property
including S3341500 for companys own occupancy
4 Cash received for profits on sales of bonds or stocks
17 Premium notes loans or liens restored by revival of
policies
18 Consideration for supplementary contracts not involving
life contingencies
19 From all other sources viz Balance of profit and loss
account
5749519 18
4a0969 09
853397 56
174390 82
61373 12
1816 77
199811 58
1604 00
2619 86
10909 0J
5360 58
Total income 7491771 56COMPTROLLERGENERALS REPORT
323
IIIDISBURSEMENTS FOR THE YEAR 1905
1 Cash paid for death claims including re
versionary additionsf 2217974 50
2 Premium notes loans or liens used in
payment of the same 6244117
3 Cash paid for matured endowments and
additions thereto 361397 30
4 Premium notes loans or liens used in
the payment of same 30426 70
5 Cash paid for sums falling due during
the year on installment policies 7300 00
BJ
Total net amount actually paid for losses and matured
endowments 2679539 67
Premium notes loans or liens voided by lapse 261084
policy loans 348180 6092 64
Premium notes loans or liens used in payment of dis
tributions to policyholders 410 20
10 Cash distributions paid policyholders 66502 73
11 Cash distributions applied to pay running premiums
see item 3 income 471373 48
12 Cash distributions applied to purchase paidup additions
see item 3 income 72498 30
13 Surrender values paid in cash 555135 93
15 Surrender values applied to purchase paidup insurance
see item 4J income 25967 59
Total paid policyholders 3877550 54
17 Cash paid for commissions and bonuses to agents New
policies 40398511 renewals 26571240 669697 51
18 Cash paid for salaries and allowances to managers and
agents 05364 56
19 Cash paid for medical examiners fees 6201014 in
spection of risks 339877 65408 91
20 Cash paid for salaries and all other compensation of offi
cers and other home office employees 181623 98
21 Cash paid for taxes on premiums 57405 80
22 Cash paid for taxes on reserves 3362778 on invest
ments 39035 31 72663 09
23 Cash paid for insurance department fees and agents
licenses 764661 municipal licenses 5 73565 13382 26
24 Cash paid for rent including 3341500 companys occu
pancy 55793 82
25 Cash paid for commuting commissions 11374 44
26 Cash paid for furniture fixtures and safes for home
and agency offices 18671 77
27 Cash paid for advertising 4135633 printing 3454808 75904 41
28 Cash paid for real estate expenses other than taxes
8008525 for legal expenses 184022 81925 47 324
COMPTROLLERGENERALS REPORT
29 Cash paid for the following items viz Telegraph and
telephone service light express exchange and all
other general items and incidentals at home ofiice and
agencies
Premium on bonds purchased
Total miscellaneous expenses1144972647
30 Total disbursements 5327277 0L
29876 95
20633 50
IVASSETS AS PER LEDGER ACCOUNTS
1 Cost value of real estate exclusive of all
incumbrances 2527408 00
2 Loans on mortgage first liens on real
estate 10309183 34
3 Loans secured by pledge of bonds stocks
or other marketable collaterals 1551500 00
4 Loans made in cash to policyholders on
this companys policies assigned as col
lateral 2805946 12
5 Premium notes loans or liens on poli
cies in force of which 940313 was re
ceived during the year 153504 21
6 Cost value of bonds and stocks owned
excluding accrued interest at time of
purchase 20260406 00
8 Cash deposited in banks 391544 08
13 Total net or ledger assets less depreciation 37999491 75
OTHER ASSETS
14 Interest due 76875 and accrued 8885190 on mort
gages
15 Interest due 62500 and accrued 16891818 on bonds
and stocks
16 Interest accrued on collateral loans
17 Interest due 357867 and accrued 3744340 on pre
miums notes loans or liens
18 Interest accrued on other assets
19 Rents due 94150 and accrued i443450 on compa
nys property or lease
21 Market value of bonds and stocks over cost
New Business lenewals
23 Gross premiums due and
unreported on policies
in force December 31
1905
24 Gross deferred premiums
on policies in force De
cember 31 1905
51780 lb 235666 83
85018 5 520005 18
89620 65
169543 18
8924 72
41022 07
588 75
15376 00
1690922 00
Totals
136798 68 I 755672 01COMPTROLLERGENERALS REPORT
25 Deducting loading 23 per
cent on new and 23
per cent on renewals
31463 70
173804 56
105334 98 581867 45
26 Net amount of uncdlected and deferred premiums
28 Total assets as per the books of the company
325
687202 43
40702691 55
VLIABJLITIBS
Net present value of all the outstanding
policies in force on the 31st day of De
cember 1905 combined experience 4
per cent on all policies issued prior to
January 1 1901 American experience
3 per cent on all policies issued since 35893598 45
Present value of amounts not yet due on
supplementary contracts not involving
life contingencies 114103 39
Net reinsurance reserve
3 Claims for death losses due and unpaid
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
36007701 84
17248 39
66401 00
130857 00
11500 00
Total policy claims
10 Amount of all unpaid distributions of surplus or other
description 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
226006 39
322321 35
9162 30
35079 07
17 Liabilities on policyholdersaccount 36600270 95
18 Gross surplus on policyholders account 4102420 60
Total liabilities 40702691 55
19
Business in Georgia during 1905
No
809
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 467
Total 1276
Amount
1504903 00
813294 00
2318197 00
326 COMPTROLLERGENERALS REPORT
Deduct number and amount which have ceased to be
in force during the year 176 281617 00
Total number and amount of policies in
force in Georgia December 311905 1100 2036B80 00
Amount of losses and claims on policies in Georgia
incurred during the year 10 2500 00
Amount of losses and claims in Georgia paid during
the year 10 12500 00
Amount of premiums collected or secured in Georgia in cash
without any deduction for losses dividends commissions
or other expenses 70703 82
NEW YORK LIFE INSURANCE COMPANY NEW YORK
Wasbkb E Ohk President lovTBT i SeCretaHeS
Home Office 346 Broadway New York City
ICAPITAL STOCK
Amount of ledger assets as per balance
December 31 of previous year 381358191 94
Extended at 381358191 94
IIINCOME
1 First years premiums on original policies
without deduction for commissions or
other expenses less 1921116 for first
years reinsurance 12352477 34
4 Dividends applied to purchase paid up ad
ditions and annuities 498300 96
6 Consideration for original annuities in
volving life contingencies 1311497 45
7 Consideration for supplementary contracts
involving life contingencies 71396 90
8 Total new premiums 14233672 65
9 Renewal premiums in addition to items
10 11 and 12 without deduction for
commissions or other expenses less
fL1007587 for reinsurance on renewals 68878491 22
10 Dividends applied to pay renewal pre
miums 634674 99
11 Surrender values applied to pay renewal
preminms 35763 07
12 Renewal premiums for deferred annuities 29916 01
13 Total renewal premiums 69578845 29
14 Total premium income 83812517 94COMPTROLLERGENERALS REPORT
327
15 Consideration for supplementary contracts not involving
life contingencies
17 Premium notes loans or liens restored by revival of poli
cies
18 Interest on mortgage loans 1150741 28
19 Interest on collateral loans 24555 55
20 Interest on bonds 12288590 21
21 Interest on premium notes policy loans
or liens
22 Interest on other debts due the company
23 Discount on claims pid in advance
24 Rent from companys property including
21635401 for companys own occu
pancy
2400005 19
308325 98
7672 35
991649 01
392776 67
786 65
25
26
27
5 Total interest and rents 17171539 57
Profit on sale or maturity of ledger assets
From other sources Policy fees received from appli
cants and from agents 9775925 commissions and net
profits earned by participation in syndicates 122
25769 realizedfrom sale of assets which were not
taken credit for in balance sheet December 3 1904
39619897 doubtful debts recovered 8573702
243290 09
28 Total income
1001952 93
102630863 85
IIIDISBURSEMENTS
1 For death claims less 13304979 reinsur
ance 19781S2S60 additions SLOU
13946 20822968 06
2 For matured endowments less 1500000
reinsurance 487454606 additions
39666746 4971213 52
3 Net amount paid for losses and matured endowments
4 For annuities involving life contingencies
6 Surrender values paid in cash
7 Surrender values applied to pay renewal premiums see
Income No 11
9 Dividends paid to policy holders in cash
10 Dividends applied to pay renewal premiums see Income
No 10
11 Dividends applied to purchase paid up additions and an
nuities see Income No 4
25794181 58
1805374 94
7478735 86
35763 07
4015008 43
634674 99
498300 96
12 Total paid policy holders
13 Paid for claims on supplementary contracts not involv
ing life contingencies
15 Commissions and bonuses to agents less commission on
reinsurance first years premiums 655829685 re
newal premiums 224461101 on annuities original
3335552 renewal 1003
40262039 83
129392 21
8836273 41328
COMPTROLLERGENERALS REPORT
16 Commuting renewal commissions 480564 advanced
commissions 59872836 603534 00
17 Salaries and allowances for agencies including managers
agents and clerks 2742644 58
18 Agency supervision traveling and all other agency ex
penses 752242 30
19 Medical examiners fees 65592273 inspeeiion of risks
15215495 808077 S8
20 Salaries and all other compensation of officers and home
office employees 1209481 97
21 Rent including 21635401 for companys own occupancy 790327 62
22 Advertising 177888 57 printing and stationery 317
623 07 postage 32006159 815573 23
23 Legil expenses 112458 87
24 Furniture fixture and safes 117558 31
25 Insurance taxes licenses and department fees 884830 44
26 Taxes on real estate 15110418 taxes on mortgages 4
97695s 15608113
27 Repairs and expenses other than taxe on real estate 277111 86
28 Loss on sale or maturity of ledger assets 9011 18
29 All other disbursements Trustees fees 25540 00 tele
grams cables telephone and express 40575 43 pa
pers and clippings 336889 restaurant 2793596
premiums on Fidelity bond 19256 71 rive states ex
amination 2552947 trustees investigation 55000
stenographers rep rts of legislative committee 7
37623 miscellaneous item of expense 3989312
marked off from book value of real estate 18669808
doubtful debts written off 1776213 securities trans
ferred to nonledger assets item 2t showing assets not
taken credit for in balance sheet 42053878 820074 80
30 Total disbursements 59326713 42
IV LEDGER ASSETS
Book value of red estate unincumbered 14021863 42
Mortgage loans on real estate first liens 25586644 21
Loans secured by pledge of bonds 3250000 00
Loans made to policy holders on this companys policies
assigned as collateral 45406669 49
5 Premium notes on policies in force 3882341 13
6 Book value of bonds excluding interest company does
not own stocks 317993895 44
7 Deposited in trust companies and banks on interest 11155212 66
8 Cash in companys office 4004905 deposited in banks
not on interest 352266697 3562716 02
10 Total ledger assets424662342 37COMPTROLLERGENERALS REPORT
XONMDGER ASSETS
11 Interest due 812950 and accrued 127
19563 on mortgages 135325 13
12 Interest accrued on bonds 2462741 80
13 Interest accrued on collateral loans 38486 11
14 Interest accrued on premium notes policy
loans or liens 149889 77
15 Interest accrued on other assets 4950100
16 Rents due 1098549 and accrued 17
33651 on companys property or lease 28322 00
329
17 Total interest and rents due and accrued
20 Due from other companies for losses or claims on policies
of this company reinsured
21 Gross premiums due and un New Business Renewals
reported on policies in force
December 31 1905
Gross deferred premiums on
policies in force December
31 1905
22
15476771 00
525995 00 4980903 00
23 Totals 525995 00 10457674 00
24 Deduct loading 25 per cent 131498 75 2614418 50
2864265 81
56000 00
25 Net amount of uncollected and
deferred premiums 394496 25 7843255 50 8237751 75
27 Grjss assets
435820359 93
VLIABII ITIES
1 Net present value of all the outstanding
policies paid for in force on the 31st
day of December 1905 as computed by
the Insurance Department of the State
of New York on the actuaries and Amer
ican tables of mortality with 3 and 4
per cent interest as follows Policies
known as the companys 3 per cent poli
cies and all policies issued since Decem
ber 31 1900 being valued as per the
American experience table of mortality
with 3 per cent interest and all other
policies being valued as per the com
bined experience table of mortality with
4 per cent interest 355375627 00
Same for reversionary additions 2900764 00
Same for annuities including these in re
duction of premium 16978775 00
Total 375255166 00
330
COMPTROLLERGENERALS REPORT
Deduct net value of risks of this company
reinsured in other solvent companiis
172776 00
Net reserveif 375082390 00
2 Present value of amounts not yet due on supplementary
contracts not involving life contingencies computed by
the company 1852505 48
3 Liability on policies cancelled and not included in item 1
upon which a surrender value may be demanded 111420 97
5 Claims for death losses in process of ad
justment or adjusted and not due 1174872 18
6 Claims for death losses which have been
reported and no proofs received 1833009 71
7 Claims for matured endowments due and
unpaid not presented 230901 30
8 Claims for death losses and other policy
claims resisted by the company 130469 34
9 Due and unpaid on annuity claims involv
ing life contingencies not presented 138901 92
10 Total policy claims
11 Due and unpaid on supplementary contracts not involving
life contingencies
12 Premiums in advance including surrender values so ap
plied 93390904 interest paid in advance on policy
loans and premium notes 100618786
13 Commissions due to agents on premium notes when paid
15 Salaries rents office expenses taxes bills accounts bo
nuses commissions medical and legal fees due or
accrued
19 Dividends or other pr fits due policyholders including
those contingent on payment of outstanding and de
ferred premiums
22 Other liabilitiis Additional reserve on policies which
the company voluntarily sets aside in excess of the
States requirements if720841200 reserve to provide
dividends payable to policyholders in 1906 and thert
after as the periods mature to holders of 20year pe
riod policies and longer 2918098700 to holders of
15year period policus 513441800 to holders of 10
year period policies 321016 00 to holders of 7year
period policies 1217700 to holdtrs of 5year period
policies 41706800 to holders of annual dividend poli
cies 89649700 reserves to provide for all other con
tingencies 954905182
3508154 45
744 82
1940096 90
46011 33
155000 00
288409 16
25 Total liabilities
5283562682
435820359 93COMPTROLLERGENERALS REPORT
331
Business in Georgia During 1905
Policies on the lives of citizens of said State in force No Amount
December 31 of previous year 11324 21945945 00
Policies on the lives of citizens of said State issued
during the year 1541 311566100
Total 12865 25061606 00
Deduct ceased to be in force during the year 1026 1985690 00
Policies in force December 31 1905 11839 23075916 00
Losses and claims unpaid Dtcember 31 of previous
year 10 23002 00
Losses and claims incurred during the year 174 387854 44
Total 184 410856 44
Losses and claims settled during the year by com
promise 10000 176 385355 44
Losses and claims unpaid December 31 1905 8 25501 00
Premiums collected or secured in cash and notes or credits
without any d duction for losses dividends commissions
or other expenses 812129 68
THE NORTHWESTERN MUTUAL LIFE INSURANCE COMPANY
H L Palmer President C H Watson Secretary
Principal Office corner Broadway and Michigan Streets Milwaukee Wis
I CAPITAL STOCK
Amount of ledger assets 188165532 64
Extended at188165532 64
IIINCOME
1 First years premiums on original poli
cies without deduction for commis
sions or other expenses 3595813 16
3 Total first years premiums on original
policies 3595813 16
4 Dividends applied to purchase paidup
additions and annuities 866479 11
6 Consideration for original annuities in
volving life contingencies 66997 24
7 Consideration for supplementary con
tracts involving life contingencies L629J51
8 Total new premiums 4530919 02
9 Renewal premiums in addition to items
10 11 and 12 without deduction for
commissions or other expenses 22854647 06332
COMPTROLLERGENERALS REPORT
10
12
13
14
15
17
18
20
21
22
23
24
25
26
27
Dividends applied to pay renewal pre
miums 2669264 00
Renewal premiums for deferred annui
ties 1889 19
Total renewal premiums 25525800 25
Total premium income 30056719 27
Consideration for supplementary contracts not involving
life contingencies 252301 00
Premium notes loans or liens restored by revival of pol
icies 5818 08
Interest on mortgage lo ms 436291143
Interest on bonds 2993963 73
Interest on premium notes policy loans
or liens
Interest on other debts due the company
Discount on claims paid in advance only
endowments discounted
Rent for companys property including
4144801 for companys own occu
pancy
Total interest and rents
971209 51
299315 37
8298 87
347326 44
Profit on sale or maturity of ledger assets
From other sources
8983025 35
27352 04
43 92
28 Total income 39325259 66
DISBURSEMENTS
1
2
3
4
5
6
9
10
11
12
13
15
18
L9
For death claims 752351809 additions
19356889 7717116 98
For matured endowments 154773015
additions 5452894 1602259 09
Net amount paid for losses and matured endowments 9319376 07
For annuities involving life contingencies 51124 95
Premium notes voided by lapse 7216 40
Surrender values paid in cash 4389896 32
Dividends paid to policyholders in cash 2953317 72
Dividends applied to pay renewal premiums see income
No 10 2669264 00
Dividends applied to purchase paidup additions and an
nuities see income o 4 866479 11
Total paid policyholders 2025867457
Paid for claims on supplementary contracts not involv
ing life contingencies 93689 61
Commissions First years premiums 154113129 re
newal premiums 185135325 on annuities original
59533 renewal 35000 3393432 87
Traveling and all other agency expenses 12158 81
Medical examiners fees 18199267 inspection of risks
2098112 202973 79COMPTROLLERGENERALS REPORT
333
20 Salaries and all other compensations of officers and
home office employees
21 Rent including 4144301 for companys own occupancy
22 Advenising 7940 33 printing and stationery 63
86188 postage 10865025
23 Legal expenses
24 Furniture fixtures and safes
25 Insurance taxes licenses and department fees
26 Taxes on real estate
27 Repairs and expenses other than taxes on real estate
29 All other disbursements Loan expenses 14994204
traveling expenses 26725 taxation expenses 5
78323 loss expenses 5754 expenses of trustees and
executive committee 3347570 exchange 880298
freight and express 1336565 expense of exami
nation by insurance commissioners 459839 judg
ment paid 1100000 adjustment of real estate values
1887469
30 Total disbursements
543201 46
41448 01
180458 51
22874 33
5475 01
649395 90
70281 25
161512 29
236167 47
25871743
IVLEDGER ASSETS
3241976 49
99070301 58
10
11
12
14
16
17
19
Book value of real estate unincumbered
Mortgage notes on real estate first liens
Loans made to policyholders on this
companys policies assigned as collat
eral 1866772000
Premium notes on policies in force 315307 01
Book value of bonds excluding interest 78871060 63
Deposited in trust companies and banks
on interest no deposits in trust com
panies 1232387 56
Cash in companys office 21352277 de
posited in banks not on interest 3
51449 21703726
Agentsbalances 3257 89
Total ledger assets 201 619048 42
NOXLEEOEE ASSETS
Interest due 1839549 and accrued 1
29667450 on mortgages 1315069 99
Interest accrued on bonds 1179115 76
Interest due 10838138 and accrued
50921646 on premium notes policy
loans or liens
Rents due 36351 and accrued 24
45644 on companys property or lease
Total interest and rents due and accrued 3136603 54
Market value not including interest in item 12 of bonds
over book value
617597 84
24819 95334
COMPTROLLERGENERALS REPORT
21 Gross premiums due and New Business Renewals
unreported on policies
in force December 31
1905 23297 00 971639 51
22 Gross deferred premiums
on policies in force De
cember 311905 248014 00 1500195 00
23 Totals 27131100 2471834 51
24 Deduct loading 22 per
cent 596S8 42 543803 59
25 Net amount of uncollected
and deferred premiumsI 211622 58 1928030 92 2139653 50
27 Gross assets 208420330 61
3257 89
DEDUCT ASSETS NOT ADMITTED
30 Agents debit balances
35 Total
36 Total admitted assets 208417072 72
3257 89
VLIABILITIES
1 Net present value of all the outstanding
policies in force on the 31st day of De
cember 1905 as computed by the com
pany on the actuaries and American
tables of mortality with four and three
per cent interest respectively166712487 00
Same for reversionary additions 4819723 00
Same for annuities including those in re
duction of premiums 56580 00
Net reserve
2 Present value of amounts not yet due on supplementary
contracts not involving life contingencies computed
by the company
4 Claims for death losses due and unpaid3
5 Claims for death losses in process of adjustment or
adjusted and not due
6 Claims for death losses which have been reported and no
proofs received
7 Claims for matured endowments due and unpaid
8 Claims for death 1 sses and other policy claims resisted
by the company
9 Due and unpaid on annuity claims involving life con
tingencies
10 Total policy claims
11 Due and unpaid on supplementary contracts not involv
ing life contingencies
12 Premiums paid in advance including surrender values
so applied
172097790 00
978996 17
76015 51
157670 12
122152 26
60642 96
92831 01
1795 63
511107 49
2172 50
41024 24COMPTROLLERGENERALS REPORT
335
15 Bills accounts commissions medical fees due or accrued 94311 08
19 Dividends or other profits due policyholders including
those contingent on payment of outstanding and de
ferred premiums 456540 66
20 Dividends apportioned payable to policyholders during
906 3361116 94
Tontine surplus payable to policyholders subsequent to
1906 as the periods of participation mature 21542316 06
24 Unassigned funds surplus 933L697 58
25 Total liabilities 208417072 72
Business in Oeorgia during 1905
Policies on the lives of citizens of said State in force No
December 31 of previous year 6507
Policies on the lives of citizens of said State report
ed during the year 621
Total 7128
Deduct ceased to be in force during the year includ
ing removals from the State 362
Policies in force December 31
Losses and claims unpaid December 31 of previous
year
Losses and claims incurred during the year
Total
Losses and claims settled during the year
6766
1
78
79
Amount
13787103 00
1843300 00
15630403 00
621723 00
15008680 00
320 00
196311 04
196631 04
182631 04
Losses and claims unpaid December 31 3 I
Premiums collected or secured in cash and notes or credits
not including premiums paid by nonresidents without
any deduction for losses dividends commissions or other
expenses
14000 00
526129 88
PACIFIC MUTUAL LIKE INSURANCE COMPANY SAN FRAISCISOO
CALIFORNIA
Wilbur S Tuppbr President Rich J Mier AssistantSeeretary
Home Office Cor Montgomery and Sacramento Sts San Francisco Cal
Adam C Harmon Savannah Aotorney for Service in Georgia
ICAPITAL STOCK
1 Amount of capital paid up
in cash 500000 00
Amount of ledger assets as per balance
December 31 of previous year 6637716 13
Extended at 6637716 13836
COMPTROLLERGENERALS REPORT
126243
1 First years premiums on original policies
without deduction for commissions or
other expenses less 353823 for first
years reinsurance 564527 27
2 Surrender values applied to pay first
years premiums
3 Total first years premiums on original policies
4 Dividends applied to purchase paidup
additions and annuities 120264 95
6 Consideration for original annuities in
volving life contingencies 1200 00
7 Consideration for supplementary con
tracts involving life contingencies
10260 00
697514 65
8 Total new premiums
9 Renewal premiums in addition to items
10 11 and 12 without deduction for
commissions or other expenses less
1908094 for reinsurance on renewals 1651161 66
10 Dividends applied to pay renewal pre
miums 51369 13
11 Surrender values applied to pay renewal
premiums 14766 46
13 Total renewal premiums
14 Total premium income
15 Consideration for supplementary con
tracts not involving life contingencies 2232 00
18 Interest on mortgage loans 74742 02
19 Interest on collateral loans 13151 45
20 Interest on bonds and dividends on stocks 193333 78
21 Interest on premium notes policy loans
or liens 31526 84
22 Interest on other debts due the company 24822 01
24 Rent from companys property including
1320000 for companys own occupancy 24603 30
25 Total interest and rents
26 Profit on sale or maturity of ledger assets
27 From other sources Accident premiums
565789 70
1717297 25
2414811 90
362179 40
6166 67
541866 35
28 Total income 3327256 32
IIIDISBURSEMENTS
1 For death claims 15032615 additions
842000 458746 15
2 For matured enflowments 5495600 ad
ditions 126503 5522100
3 Net amount paid for loses and matured endowments
514937 15COMPTROLLERGENERALS REPORT
337
9
10
11
12
13
14
15
17
18
19
20
21
22
23
24
25
26
27
23
29
For annuities involving life contingencies 9692 34
Premium notes voided by lapse 1848 45
Surrender values paid in cash 70 766 44
Surrender values applied to pay new premiums see
income No 2 126243 to pay renewal premiums see
income No 11 1476646 16028 89
Dividends paid to policyholders in cash 37119 56
Dividends applied to pay renewal premiums see income
No 10 51369 13
Dividends applied to purchase paidup additions and
annuities see income No 4 120264 95
Total paid policyholders 822056 91
Paid for claims on supplementary contracts not involv
ing life contingencies 2213 00
Paid stockholders for interest or dividends 35000 00
Commissions and bonuses to agents less commission
on reinsurance first years premiums 38530739 re
newal premiums 12025615 on annuities original
WOO 505623 54
Salaries and allowances for agencies including mana
gers agents and clerks 96413 60
Agency supervision traveling and all other agency ex
penses 9738 98
Medical examiners fees 5003200 inspection of risks
1536922 55401 22
Salaries and all other compensation of officers and home
office employees 106375 70
Rent including 960000 for companys own occupancy 18796 87
Advertising 733054 printing and stationery 27
300 99 postage 602671 40658 24
Legal expenses 12425 64
Furniture fixtures and safes 4753 29
Insurance taxes licenses and department fees 30363 06
Taxes on real estate 5976 57
Repairs and expenses other than taxes on real estate 8564 10
Loss on sale or maturity of ledger assets 192 05
All other disbursements Telegrams telephone express
age exchange library bureau and general expenses
1318381 loss and gain including agents balances
marked off 9292420 accident department disburse
ments 53782097 643928 98
30 Total disbursements
408481 75
IVLEDGER ASSETS
Book value of real estate unincumbered 672178 48
Mortgage loans on real estate first liens 1900884 66
Warrants reclamation District 407 Sacramento county
California first lien on district funds 29970 98
22 in338
COMPTROLLERGENERALS REPORT
3 Loans secured by pledge of bonds stocks or other col
lateral
4 Loans made to policyholders on this companys policies
assigned as collateral
5 Premium notes on policies in force
6 Book value of bonds excluding interest 390296774
stocks 26274024
7 Deposited in trust companies and banks on interest
Cash in companys office 472676 deposited in banks
not on interest 20594242 less reinsurance reserve
held account other companies 5463778
9 Bills receivable 242354 furniture and fixtures 30
36805
10 Total ledger assets
100235 50
434450 91
54239 20
4165707 98
10000 00
156031 40
32791 59
7556490 70
NONLEDGER ASSETS
11 Interest due 705 23 and accrued 16
35068 on mortgages 17055 91
12 Interest accrued on bonds and stocks 67240 17
13 Interest accrued on collateral loans 342 15
14 Interest due 235778 and accrued 2
84021 on premium notes policy loans
or liens 5197 99
15 Interest accrued on other assets 3346 03
16 Rents due 10250 and accrued 39800 on
companys property or lease 500 50
17 Total interest and rents due and accrued
18 Market value of real estate over book value
19 Market value not including interest in item 12 of bonds
and stocks over book value
20 Due from other companies for losses or claims on poli
cies of this company reinsured
New Business Renewals
21 Gross premiums due and un
reported on policies in force
December 31 1905 112306 48 22396039
22 Gross deferred premiums on
policies in force December
31 1905 48266 81 139861 01
Totals 160573 29 363821 40
Deduct loading 32114 66 72764 28
93682 75
71151 66
287293 52
5000 00
23
24
25 Net amount of uncollected
and deferred premiums 128458 63 29105 12 419515 75
26 Allother assets Printed supplies 500000 separate
nonledger assets of accident department 16S877 49 173877 49
27 Gros sassets 8607014 87COMPTROLLERGENERALS REPORT
339
DEDUCT ASSETS NOT ADMITTED
29 Supplies stationery printed matter 5
00000 furniture fixtures and safes
3036805 35368 05
32 Bills receivable 2423 54
35 Total
37791 59
36 Total admitted assets g 559 223 28
TLIABILITIES
1 Net present value of all the outstanding
policies in force on the 31st day of De
cember 1905 as computed by the com
pany on the actuaries table of mortal
ity with four percent interest on poli
cies dated prior to January 11901 and
on the American experience table of
mortality with three and onehalf per
cent interest on policies dated subse
quent to December 31 1900 6631224 72
Same for reversionary additions 618968 88
Same for annuities including those in
reduction of premiums 91747 79
Total 7341941 39
Deduct net value of risks of this company
reinsured in other solvent companies 67759 67
Net reserve 7 274
2 Present value of amounts not yet due on supplementary
contracts not involving life contingencies computed
by the company
5 Claims for death losses in process of ad
justment or adjusted and not due
6 Claims fordeath losses which have been
reported and no proofs received
8 Claims for death losses and other policy
claims resisted by the company 28102 20
181 72
7197 00
16487 90
32507 23
10 Total policy claims
12 Premiums paid in advance including surrender values
so applied
Other liabilities Interest paid in advance on policy
loans 833931 accident department liabilities 286
86149 additional reserve set aside 30000000
Gross surplus of which 50000000 is capital stock and
11017398 is unassigned funds
22
23
77097 33
5372 45
595200 80
610173 93
24 Total liabilities 8569223 28340 COMPTROLLERGENERALS REPORT
Business in Georgia during 1905
Policies on the lives of citizens of said State in force No
December 31 of previous year 525
Policies on the lives of citizens of said State issued
during the year 286
Total 811
Deduct ceased to be in force during the year 143
Policies in force December 31 M8 1083686 00
Losses and claims unpaid December 31 of previous
year 2
Losses and claims incurred during the year 4
Total 6
Losses and claims settled during the year 5
Losses and claims unpaid December 31 1
Premiums collected or secured in cash and notes or credits
without any deduction for losses dividends commissions
or other expenses
Amount
854003 00
422565 00
1276568 00
192882 00
4000 00
6500 00
10500 00
9500 00
1000 00
37011 97
PHCENIX MUTUAL LIFE INSURANCE COMPANY OF CONNECTICUT
John M Holcombe President Silas H Cornwell Secretary
Home Office 49 Pearl Street Hartford Connecticut
Chaeles S Noethen Atlanta Attorney for Service in Georgia
ICAPITAL STOCK
Amount of ledger assets as per balance
December 31 1905 17800932 09
Extended at f 17S00932 09
IIINCOME
5 First years premiums on original policies
without deduction for commissions or
other expenses less 518393 for first
years reinsurance 527306 84
6 Surrender values applied to pay first
years premiums 495 08
7 Total first years premiums on original
policies 527801 92
8 Dividends applied to purchase paidup ad
ditions and annuities 6G098 00COMPTROLLERGENERALS REPORT
341
9 Surrender values applied to purchase
paidup insurance and annuities 82216 00
10 Consideration for original annuities in
volving life contingencies 25209 27
12 Total new premiums
13 Renewal premiums in addition to items
10 and 12 without deduction for com
missions or other expenses less 27356
36 for reinsurance on renewals
14 Dividends applied to pay renewal premi
ums
15 Surrender values applied to pay renewal
premiums
701325 19
2577408 42
226700 97
3051 07
17 Total renewal premiums 2807160 46
18 Total premium income
19 Consideration for supplementary contracts not involving
life contingencies
Interest on mortgage loans 577721 53
Interest on bonds and dividends on stocks 217123 72
Interest on premium notes policy loans
or liens 84010 24
Interest on other debts due the company
Discount on claims paid in advance 342 12
28 Rent from companys property including
1000000 for companys own occupancy 38640 94
22
24
25
26
27
29 Total interest and rents
30 Profit on sale or maturity of ledger assets
31 From other sources Guarantee of mortgage loans
3508485 65
13575 00
9753 73
927592 28
17266 31
2883 66
40 Total income 4469802 90
IIIDISBURSEMENTS
1 For death claims less 9426200 reinsur
ance 106611550 additions 891300 1075028 50
2 For matured endowments 12010600 ad
ditions 814650 128252 50
3 Net amount paid for losses and matured endowments 1203281 00
4 For annuities involving life contingencies 10654 33
5 Premium notes voided by lapse 2169 00
6 Surrender values paid in cash 220920 14
7 Surrender values applied to pay new premiums see in
come No 2 49508 to pay renewal
premiums see income No 11 305107 3546 15
8 Surrender values applied to purchase paidup insurance
and annuities see income No 5 82216 00342
COMPTROLLERGENERALS REPORT
9 Dividends paid to policyholders in cash 4836 75
10 Dividends applied to pay renewal premiums see income
No 10 226700 97
11 Dividends applied to purchase paidup additions and an
nuities see income No 4 66098 00
12 Total paid policyholders 1820422 34
13 Paid for claims on supplementary contracts not involving
life contingencies 7066 67
15 Commissions and bonuses to agents less commission on
reinsurance first years premiums 28573412 re
newal premiums 16577434 on annuities original
113654 452645 00
16 Commuted renewal commissions 17844 22
17 Salaries and allowances for agencies including man
agers agents and clerks 74764 85
18 Agency supervision traveling and all other agency ex
penses 31959 04
19 Medical examiners fees 4658207 inspection of risks
528579 51867 86
20 Salaries and all other compensation of officers and home
office employees 95998 46
21 Rent including 1000000 for companys own occupancy 34062 82
22 Advertising 999572 printing and stationery 23626
48 postage 1537366 4S995 86
23 Legal expenses 1900 00
24 Furniture fixtures and safes 3947 47
25 Insurance taxes licenses and department fees 91382 21
26 Taxes on real estate 8542 39
27 Repairs and expenses other than taxes on real estate 11066 55
28 Loss on sale or maturity of ledger assets including sums
charged off from cost of real estate 11706 13
29 All other disbursements Exchange 16053 miscella
neous expenses 1346284 agents ledger balances
charged off 670069 20324 06
39 Total disbursements 27S4495 93
IVLEDGER ASSETS
1 Book value of real estate unincumbered 640161 70
2 Mortgage loans on real estate first liens 11939233 06
4 Loans made to policyholders on this companys policies
assigned as collateral
5 Premium notes on policies in force
6 Book value of bonds excluding interest 462286286 and
book value of stocks 34108100
7 Deposited in trust companies and banks on interest
American National Bank Hartford 36908229 Metro
politan Trust Co New York 8890017
9 Cash in companys office
1293108 00
191329 75
4963943 86
457982 46
480 23
12 Total ledger assets 19486239 06COMPTROLLERGENERALS REPORT
343
NONLEDGEB ASSETS
77373 and accrued 22336700 on mort
13 Interest due
gages
14 Interest accrued on bonds and stocks
16 Interest due on premium notes policy loans or liens
21 Market value of bonds and stocks over book value
New Business
23 Gross premiums due and
unreported on policies in
force December 31 1905 56331 71
24 Gross deferred premiums
on policies in force De
cember 31 1905 28404 05
25 Totals
26 Deduct loading
27 Net amount of uncollected
and deferred premiums
84735 76
17272 42
67463 34
Renewals
133353 88
178248 26
311602 14
69282 72
242319 42
233140 73
15000 00
3691 69
202923 14
309782 76
33 Gross assets 20250777 38
DEDUCT ASSETS XOT ADMITTED
39 Premium notes and loans on policies and net premiums
in item 25 in excess of the net value of their policies
5762 00
43 Total admitted assets 20245015 38
VLIABILITIES
1 Net present value of all the outstanding
policies in force on the 31st day of De
cember 1905 as computed by the com
pany on the actuaries table of mortal
ity with 4 per cent interest 18532384 00
2 Same for reversionary additions 510304 00
3 Same for annuities including those in
reduction of premiums 114313 00
4 Total 19157001 00
5 Deduct net value of risks of this company
reinsured in other solvent companies 108047 00
6 Net reserve 19048954 00
7 Present value of amounts not yet due on supplementary
contracts not involving life contingencies computed by
the company with 3J per cent interest 34385 00344 COMPTROLLERGENERALS REPORT
10 Claims for death losses in process of ad
justment or adjusted and not due 9145 00
11 Claims for death losses which have been
reported and no proofs received 19375 00
15 Total policy claims 28520 00
17 Premiums paid in advance including surrender values
so applied 1S795 00
19 Cost of collection on uncollected and deferred premi
ums in excess of the loading and dividends thereon 1792 00
24 Dividends or other profits due policyholders including
those contingent on payment of outstanding and de
ferred premiums 4517 00
25 Dividends apportioned payable to policyholders during
1906 29500 00
33 Other liabilities Unearned interest on policy loans and
notes 40693 00
34 Special policy reserve 132500 00
40 Unassigned funds surplus 905359 38
41 Total liabilities 20245015 38
Business in Georgia during 1905
No Amount
Policies on the lives of citizens of said State in force
December 31 1904 95S 1845003 00
Policies on the lives of citizens of said State issued
increased and revived during the year 221 353720 00
Total 1179 2198723 00
Deduct ceased to be in force and decreased during
the year 265 356986 00
Policies in force December 31 1905 914 1841737 00
Losses and claims incurred during the year 6 12000 00
Losses and claims settled during the year in cash 6 12000 00
Premiums collected or secured in cash and notes or credits
without any deduction for losses dividends commissions
or other expenses 66693 18COMPTROLLERGENERALS REPORT
345
PENN MUTUAL LIFE INSURANCE COMPANY PHILADELPHIA PA
Habby F West President William H Kingsley Secretary
Home Office 921 923 and 925 Chestnut Street Philadelphia Pa
Henby C Bagley Atlanta Attorney for Service in Georgia
ICAPITAL STOCK
2 Amount of ledger assets as per balance
December 31 of previous year 65866657 42
4 Extended at 65866657 42
IIINCOME
5 First years premiums on original poli
cies without deduction for commissions
or other expenses less 1306697 for
first years reinsurance 2173645 08
6 Surrender values applied to pay first
years premiums 4464 88
7 Total first years premiums on original
policies 2178109 96
8 Dividends applied to purchase paidup
additions and annuities 113804 00
9 Surrender values applied to purchase
paidup insurance and annuities 209904 00
10 Consideration for original annuities in
volving life contingencies 304269 71
11 Consideration for supplementary con
tracts involving life contingencies 4771 92
12 Total new premiums 2810859 59
13 Renewal premiums in addition to items
14 15 and 16 without deduction for
commissions or other expenses less
4933270 for reinsurance on renewals 10551133 68
14 Dividends applied to pay renewal premi
ums 810681 50
15 Surrender values applied to pay renewal
premiums 24955 86
16 Renewal premiums for deferred annuities 2610 95
17 Total renewal premiums 11389381 99
18 Total premium income 14200241 58
19 Consideration for supplementary contracts not involving
life contingencies 161271 32
21 Premium notes loans or liens restored by revival of poli
cies 493895346
COMPTROLLERGENERALS REPORT
22 Interest on mortgage loans 1263992 35
23 Interest on collateral loans 137614 07
24 Interest on bonds and dividends on stock 1286215 92
25 Interest on premium notes policy loans
or liens 451250 27
26 Interest on other debts due the company 25611 16
28 Rent from companys property 208560 19
29 Total interest and rents 3373243 96
30 Profit on sale or maturity of ledger assets 68744 52
31 From other sources Agents balance recovered 112500
bonuses on mortgages syndicate profits etc 1687131 17996 31
40 Total income 17826436 64
IIIDISBURSEMENTS
1 For death claims less 12800000 rein
surance 369397513 additions 21
63300 3715608 13
2 For matured endowments 103662718
additions 2769100 1064318 18
3 Net amount paid for losses and matured endowments 4779926 31
4 For annuities involving life contingencies 220426 86
5 Premium notes voided by lapse 36736 65
6 Surrender values paid in cash 1043726 88
7 Surrender values applied to pay new premiums see in
come No 6 446488 to pay renewal premiums see
income No 15 2495586 29420 74
8 Surrender values applied to purchase paidup insurance
and annuities see income No 9 209904 00
9 Dividends paid to policyholders in cash 95296 44
10 Dividends applied to pay renewal premiums see income
No 14 81068150
11 Dividends applied to purchase paidup additions and an
nuities see income No 8 113804 00
12 Total paid policyholders 733992338
13 Paid for claims on supplementary contracts not involving
life contingencies 114408 00
15 Commissions and bonuses to agents less commission on
reinsurance first years premiums 113S45932 re
newal premiums 71522507 on annuities original
1498015 renewal 15246 1868817 00
16 Commuting renewal commissions 6119 86
17 Salaries and allowances for agencies including man
agers agents and clerks 53672 52
18 Agency supervision traveling and all other agency ex
penses 35S31 08
19 Medical examiners fees 13355236 inspection of risks
1844221 151994 57COMPTROLLERGENERALS REPORT
347
20 Salaries and all other compensation of officers and home
office employees
21 Rent
22 Advertising 7602535 printing and stationery 35380
36 postage 3456614
23 Legal expenses
24 Furniture fixtures and safes
25 Insurance taxes licenses and department fees
26 Taxes on real estate
27 Repairs and expenses other than taxes on real estate
28 Loss on sale or maturity of ledger assets
29 All other disbursements Home office expenses 62172
88 bond premiums 2286550 deductions from real
estate and bond valuations 4754589 suspended bank
balance 277018 agents balances etc 509873
301994 38
54251 80
145971 85
16812 43
6100 41
390506 68
39608 01
137600 87
8460 53
140453 18
39 Total disbursements 10812526 55
IVLEDGER ASSETS
1 Book value of real estate unincumbered 2568507 12
2 Mortgage loans on real estate first liens 27253091 87
3 Loans secured by pledge of bonds stocks or other collat
teral m 2714914 50
4 Loans made to policyholders on this companys policies
assigned as collateral 6860482 00
5 Premium notes on policies in force of which 567500 is
for first years premiums 1288187 75
6 Book value of bonds excluding interest 3103011137
stocks 47595719 31506068 56
7 Deposited in trust companies and banks on interest 309883 35
8 Cash in companys office 378275 deposited in banks
not on interest 698423 10766 98
9 Bills receivable 25758459 agents balances 1647098 274055 57
10 Furniture 8159 98
11 Temporary notes for premiums 86449 83
12 Total ledger assets 72880567 51
N ONLEDGER ASSETS
13 Interest due 156584 and accrued
44555385 on mortgages 447119 69
14 Interest accruedon bonds and stocks 462338 52
15 Interest due 275493 and accrued 9
29883 on collateral loans 12053 76
17 Interest accrued on other assets 2500 00
18 Rents due 165283 and accrued 6182
01 on companys property or lease 7834 84
19 Total interest and rents due and accrued
21 Market value not including interest in item 12
bonds and stocks over book value
of
931846 81
568483 11348
COMPTROLLERGENERALS REPORT
New Business Renewals
23 Gross premiums due and
unreported on policies in
force December 31 1905 87697 24 933191 66
24 Gross deferred premiums
on policies in force De
cember 31 1905 90190 41 876118 03
25 Totals 177SS7 65 1809309 69
26 Deduct loading 35577 53 361861 94
27 Net amount of uncollected
and deferred premiums 142310 12 1447447 75 1589757 87
28 All other assets Secured profits on real estate under con
tracts of sale 38229 89
30 Gross assets 76008885 19
DEDUCT ASSETS KOT ADMITTED
32 Furniture fixtures and safes 8159 9S
33 Agents debit balances 16470 98
34 Cash advanced to or in the hands of officers or agents all
to agents 257584 59
42 Total 282215 55
43 Total admitted assets 75726669 64
VLIABILITIES
1 Net present value of all outstanding pol
icies in force on the 31st day of De
cember 1905 as computed by the Penn
sylvania insurance department on the
actuaries table of mortality with 4 per
cent interest and the 3 and 31 per cent
American table 59714407 00
2 Same for reversionary additions 1004103 00
3 Same for annuities including those in
reductions of premiums 2027333 00
4 Total 62745843 00
5 Deduct net value of risks of this com
pany reinsured in other solvent compa
nies 103S90 00
6 Net reserve 62641953
7 Present value of amounts not yet due on supplementary
contracts not involving life contingencies computed by
the companys actuary 1301594
Trust deposits 15544
00
00
00COMPTROLLERGENERALS REPORT 349
10 Claims for death losses in process of adjustment or ad
justed and not due 290970 74
12 Claims for matured endowments due and unpaid 15762 00
13 Claims for death losses and other policy claims resisted
by the company 32129 00
17 Premiums paid in advance including surrender values
so applied 41503 11
18 Commissions due to agents on premium notes when paid 23466 21
20 Salaries rents office expenses taxes bills accounts bo
nuses commissions medical and legal fees due or ac
crued 13280 00
24 Dividends or other profits due policyholders including
those contingent on payment of outstanding and de
ferred premiums 170346 92
25 Dividends apportioned payable to policyholders during
1906 176557 12
26 Dividends apportioned payable to policyholders subse
quent to 1906 Accumulated surplus fund 322230839
life rate endowment and five year option fund 1161
13438 four per cent bond fund 33592928 six per
cent bond fund 10830641 total 4827678 46
33 Other liabilities Special 3J per cent reserve 1223731
unearned interest on collateral policy loans etc 231
52604 L455259 04
40 Unassigned funds surplus 4720628 04
41 Total liabilities 75720669 64
Business in Georgia luring 1905
No Amount
10 Policies on the lives of citizens of said State in
force December 31 of previous year10937 20914215 00
11 Policies on the lives of citizens of said State
issued during the year 3038 4677720 00
12 Total 13975 25591935 00
13 Deduct ceased to be in force during the year 1303 2474of7 00
14 Policies in force December 3112672 2311737S 00
15 Losses and claims unpaid December 31 of previ
9 16218 52
ous year
16 Losses and claims incurred during the year 107 222568 51
17 Total 116 238787 03
16 Losses and claims settled during the year 101 221501 34
19 Losses and claims unpaid December 31 15 17285 69
20 Premiums collected or secured in cash and notes or cred
its without any deduction for losses dividends commis
sions or other expenses 731662 70350
COMPTROLLERGENERALS REPORT
THE PRUDENTIAL INSURANCE CO OP AMERICA NEWARK N J
John P Dryden President Edward Gray Secretary
Home Office 761 to 769 Broad Street Newark N J
ICAPITAL STOCK
1 Amount of capital paid up
in cash 2000000 00
2 Amount of ledger assets as per balance
December 31 of previous year 83804066 61
Extended at 83804066 61
IIINCOME
4 First years premiums on original policies
without deduction for commissions or
other expenses less 256083 for first
years reinsurance 71 127 01
5 Surrender values applied to pay first
years premiums 2 703 27
6 Total first years premiums on original
Plicies 7663830 28
7 Dividends applied to purchase paidup
additions and annuities 42 716 53
8 Surrender values applied to purchase paid
up insurance and annuities 968 025 82
9 Consideration for original annuities in
volving life contingencies 75902 03
11 Total new premiums
8o044 66
12 Renewal premiums in addition to items
13 14 and 15 without deduction for
commissions or other expenses less
15607653 for reinsurance on renewals 36149289 24
13 Dividends applied to pay renewal pre
miums 106203 34
14 Surrender values applied to pay renewal
premiums 5j692 6
15 Renewal premiums for deferred an
nuities 56715
16 Total renewal premiums 36261752 38
17 Total premium income 45 019 2 04
18 Consideration for supplementary contracts notinvolving
life contingencies
20 Premium notes loans or liens restored by revival of pol
icies
21 Interest on mortgage loans 3f fa
22 Interest on collateral loans COMPTROLLERGENERALS REPORT
351
23 Interest on bonds and dividends on stocks 2112540 74
24 Interest on premium notes policy loans or liens 17109150
25 Interest on other debts due the company and on bank
balances 152449 32
27 Rent from companys property including 39950140 for
companys own occupancy 792789 68
28 Total interest and rents 4189942 62
29 Profit on sale or maturity of ledger assets Bonds 12
14078 real estate 3038401 42524 79
HO From other sources Conscience fund 110 00
31 Total income 49303422 27
IIIDISBURSEMENTS
1 For death claims 1145588034 addi
tions 5124485 11507125 19
2 For matured endowments 7938300 ad
ditions 23600 79619 00
9
10
11
12
13
14
15
10
17
18
19
20
Net amount paid for losses and matured endowments
For annuities involving life contingencies
Surrender values paid in cash
Surrender values applied to pay new premiums see in
come No 5 270327 to pay renewal premiums see
income No 14 5692 65
Surrender values applied to purchase paidup insurance
and annuities see income No 8
Dividends paid to policyholders in cash
Dividends applied to pay renewal premiums see income
No 13
Dividends applied to purchase paidup additions and an
nuities see income No 7
Total paid policyholders 1432581586
Paid for claims on supplementary contracts not involv
ing life contingencies
Paid stockholders for interest or dividends
Commissions and bonuses to agents less commission on
reinsurance first years premium 383522545 re
newal premiums 421372913 on annuities original
364979 renewal 3346
Commuting renewal commissions
Salaries and allowances for agencies including mana
gers agents and clerks
Agency supervision traveling and all other agency ex
penses
Medical examiners fees 583660 13 inspection of risks
2663650
Salaries and all other compensation of officers and home
office employees
11586744 19
50980 10
5ti6353 69
8395 92
968025 82
996396 27
106203 34
42716 53
16698 10
209000 00
8052637 83
24069 37
2908954 99
235756 72
610296 63
1488942 73352
COMPTROLLERGENERALS REPORT
o
21 Rent including 39950140 for companys own
pancy less 68182 received under sublease
22 Advertising 29436080 printing and stationery
38761 postage 7594538
23 Legal expenses
24 Furniture fixtures and safes
Insurance taxes licenses and department fees
Taxes on real estate
Repairs and expenses other than taxes on real estate
Loss on sale or maturity of ledger assets Bonds 20
04166 real estate 701394
All other disbursements Law libraries 51355 ap
praising fees 43290 sundry general expenses 102
523 25 expressage 3550258
25
26
27
28
29
688068 78
645693 79
65985 74
64097 55
794510 09
176209 02
266390 05
27055 60
138912 48
30 Total disbursements 30730155 13
IVLEDGEE ASSETS
1 Book value of real estate unincumbered 12427935 24
2 Mortgage loans on real estate first liens i8896317 72
3 Loans secured by pledge of bonds stocks or other col
lateral 4675875 00
4 Loans made to policyholders on this companys policies
assigned as collateral 2893839 37
5 Premium notes on policies in force 631690 21
6 Book value of bonds excluding interest 5185469699
stocks 285521000 54709936 99
7 Deposited in trust companies and banks on interest 7427701 03
8 Cash in companys office 10234833 deposited in bank
not on interest 60876322 71111155
9 Bills receivable 2923 64
10 Total ledger assets 102377333 11
NONLEDGEB ASSETS
11 Interest due 3455755 and accrued
35009681 on mortgages 384654 36
12 Interest accrued on bonds and stocks 377091 24
13 Interest due 9312 and accrued 13
51472 on collateral loans 13607 84
14 Interest due 776617 and accrued 1
39091 on premium notes policy loans
or liens 9157 08
15 Interest due on other assets 645 27
16 Rents due 282744 and accrued 12
23042 on companys property or lease 15057 86
800213 65
17 Total interest and rents due and accrued
19 Market value not including interest in item 12 of
bonds and stocks over book value 1047188 26COMPTROLLERGENERALS REPORT
353
21 Gross premiums due and un New Busmes
reported on policies in
force December 31 1905
industrial 3534 20
Ordinary 68533 73
22 Gross deferred premiums
on policies in force De
cember 31 1905 ordinary 493079 40
23 Totals industrial
Ordinary
3534 20
561613 13
Renewals
400261 99
779699 60
2 166031 16
40026 99
2945730 76
24
Deduct loading industrial
50 per cent 1767 10 200130 99
Ordinary 20 per cent 112322 63 589146 Jo
26
Net amount of uncollected
and deferred premiums
industrial 1767 10 200131 00
Ordinary 449290 50 2356584 61 1 3u07773 21
All other assets Furniture fixtures and safes 5000000
stationery and printed matter 1000000 law libra
ries 659582 fl6 595 82
29
Gross assets i07299104 69
DEDUCT ASSETS WOT ADMITTED
Supplies stationery printed matter 10
00000 furniture fixtures and safes
5000000 law libraries 659582
Bills receivable
32
35 Total
36
66595 82
2923 64
69519 46
Total admitted assets107 229 585 23
VLIABILITIES
1 Net present value of all the outstanding
policies in force on the 31st day of De
cember 1905 as computed by the com
pany according to the actuaries table
of mortality with four per cent inter
est on policies issued prior to January
1 1901 and the American experience
table of mortality with three per cent
interest on policies issued subsequent
to December 31 1900 83721153 00
2 Same for reversionary additions 158275 00
3 Same for annuities including those in
reduction of premiums according to
the actuaries table of mortality with
four per cent interest on annuities is
23 i354
COMPTROLLERGENERALS REPORT
sued prior to January 1 1901 and the
American experience table of mortality
with three and onehalf percent inter
est on annuities issued subsequent to
December 311900
4 Special reserve
598748 00
3920722 00
5 Total 8839889800
6 Deduct net value of risks of this company
reinsured in other solvent companies 363119 00
7 Net reserve
8 Present value of amounts not yet due on supplementa
ry contracts not involving life contingencies compu
ted by the assumption of interest rates as follows On
policies issued prior to 1901 four per cent on income
policies three and onehalf per cent on all other
policies three per cent
9 Liability on policies cancelled and not included in item
1 upon which a surrender value may be demanded
Claims for death losses in process of ad
justment or adjusted and not due1
Claims for death losses which have been
reporteu and no proofs received
13 Claims for matured endowments due and
unpaid
14 Claims for death losses and other policy
claims resisted by the company
15 Due and unpaid on annuity claims involv
ing life contingencies
88035779 00
10
12
288720 13
290410 06
1493 00
44545 67
250 00
16 Total policy claims
17 Due and unpaid on supplementary contracts not involv
ing life contingencies
IS Premiums paid in advance including surrender values
so applied
21 Salaries rents office expenses taxes bills accounts
bonuses commissions medical and legal fees due or
accrued
25 Dividends or other profits due policyholders including
those contingent on payment of outstanding and de
ferred premiums
26 Dividends apportioned payable to policyholders during
1906
28 Other liabilities Unearned interest on policy loans
9061732 rents paid in advance 37733
29 Capital stock
30 Unassigned funds surplus
232862 55
W2746 00
625418 86
200 0J
366859 02
151781 76
107131 31
1380000 00
99993 65
2000000 00
14045812 08
31 Total liabilities 107229585 23COMPTROLLERGENERALS REPORT 355
Business in Georgia during 1905
Policies on the lives of citizens of said State in force No Amount
December 31st of previous year 4371 8833792 00
Policies on the lives of citizens of said State issued
during the year 1115 2076428 00
Total 5486 10910220 00
Deduct ceased to be in force during the year 631 1120665 00
Policies in force December 31st4855 9789555 00
Losses and claims unpaid December 31st of previous
year 2 2000 00
Losses and claims incurred during the year 47 99169 81
Total 49 10169 81
Losses and claims settled during the year in cash 45 87169 81
Losses and claims unpaid December 31st 4 14000 00
Premiums collected or secured in cash and notes or credits
without any deduction for losses dividends commissions
or other expenses 348197 88
PHILADELPHIA LIFE INSURANCE COMPANY OP PHILADELPHIA
PENNSYLVANIA
Andrew J Maloney President William H Hubbard Secretary
Principal Office North American Building Broad Street below Chestnut
Street
William A Wright Atlanta Attorney for Service in Georgia
ICAPITAL STOCK
1 Amount of capital stock paid up in cash 300000 00
Extended at 300000 00
IIINCOME DURING YEAR
Surplus 39131 07
IVASSETS AS PEB LEDGER ACCOUNTS
3 Loans secured by pledge of bonds stocks or other mar
ketable collaterals 25000 00
6 Cost value of bonds and stocks owned excluding accrued
interest at time of purchase 62708 72
7 Cash in companys office 71422 35
8 Cash deposited in banks 180000 00
13 Total net or ledger assets 339131 07356
COMPTROLLERGENERALS REPORT
PITTSBURG LIFE AND TRUST COMPANY OP PENNSYLVANIA
W Howard Nimick President Jas H Mahan Secretary
Principal Office Pittsburg Pennsylvania
John M Slaton Atlanta Attorney for Service in Georgia
ICAPITAL stock
1 Amount of capital stock
paid up in cash 315000 00
Amount of net or ledger assets December
31 of previous year 729374 24
Extended at
IIINCOME DURING YEAR 1905
729374 24
1 Cash received for premiums on new poli
cies without deductions for commis
sions or other expenses
1J Cash received for renewal premiums
without deductions for commissions or
other expenses
4J From surrender values applied to pur
chase paidup insurance and annuities
see item 15 disbursements
101052 37
242707 86
527 96
Total 344288 19
6 Deduct amount of premiums paid to other
companies for reinsurance on policies in
this company new business 249610
renewals 547269 7968 79
7 Total premium income
8 Cash received for interest on mortgage loans
9 Cash received for interest on bonds owned and dividends
on stock
10 Cash received for interest on premium notes loans or
liens
11 Cash received for interest on other debts due the com
pany
13 Cash received for rents for use of companys property
18 Profit on sale of ledger assets
19 From all other sources viz Reinsurance reserve
Total income
IIIDISBURSEMENTS FOR THE YEAR 1905
1 Cash paid for death claims including reversionary addi
tions
10 Cash dividends paid policyholders
336319 40
10589 33
7312 35
2561 17
60SS 24
42373 78
12S 26
1877 86
407250 39
I
58219 15
5 65COMPTROLLERGENERALS REPORT
357
11 Disability claim
13 Surrender values paid in cash
15 Surrender values applied to purchase paidup insurance
and annuities see item 4i income
Total paid policyholders 79220 31
17 Cash paid for commissions and bonuses to agents less
commission on reinsurance new policies 4989413
renewals 510404 col fee on sub ord prems 5185
45 total
18 Cash paid for salaries and allowances to managers and
agents
19 Cash paid for medical examiners fees
20 Cash paid for salaries and all other compensation of of
ficers and other home office employees
23 Cash paid for insurance department fees and agents li
censes
24 Cash paid for rent
26 Cash paid for furniture fixtures and safes for home and
agency offices
27 Cash paid for advertising 580224 printing 392026
postage 303210
28 Cash paid for real estate expenses other than taxes 11
88169 for legal expenses 207876
29 Cash paid for the following items viz Agency supervis
ion and trav expenses 2319603 tel and telegr
73577 profit and loss 595126 interest 1435000
sundries 102736 total
Total miscellaneous expenses 179583 14
30 Total disbursements
IVASSETS AS PEK LEDGES ACCOUNTS
1 Cost value of real estate exclusive of all incumbrances
2 Loans on mortgage first liens on real estate
4 Loans made in cash to policyholders on this companys
policies assigned as collateral
5 Premium notes loans or liens on policies in force
6 Cost value of bonds and stocks owned excluding accrued
interest at time of purchase
7 Cash in companys office
8 Cash deposited in banks
10 Agents ledger balances
13 Total net or ledger assets
OTHEB ASSETS
14 Interest due 40500 and accrued 237349 on mort
gages
15 Interest accrued on bonds and stocks
17 Interest accrued on premiums notes loans or liens
19 Rents due on companys property or lease
10 00
20457 55
527 96
60183 62
363 71
8801 30
22516 C9
9218 75
6197 10
326 50
12754 00
13960 45
59220 87
258803 45
20 Market value of real estate over cost
428809 79
156000 00
29364 24
25395 03
201315 25
1438 29
19728 29
15770 37
877821 18
2778 49
1543 94
9636 86
742 71
5000 00
358
COMPTROLLEttGENERALS REPORT
23 Gross premiums due and
unreported on policies in
force December 31 1905
24 Gross deferred premiums
on policies in force De
cember 31 1905
New Business
13823 43
7250 90
Renewals
11971 44
19853 49
Totals 20074 33 31824 93
25 Deducting loading 50 per
cent on new and 15 per
cent on renewals 10537 17 4773 74
26 Net amount of uncollected
and deferred premiums 10537 16 2705119 37588 35
27 Furniture fixtures and safes 1000000 net 70 per cent
on sub ordinary premiums deferred and due and unre
ported December 311905 1020323 total 20203 23
28 Total assets as per the books of the company 1000314 76
ITEMS NOT ADMITTED
2 Furniture fixtures and safes
5 Agents balances
10000 00
15770 37
Total
25770 37
9 Total assets less items not admitted 974544 39
VLIABILITIES
1 Net present value of all the outstanding
policies in force on the 31st day of De
cember 1905 computed according to the
actuaries table of mortality with four
per cent interest American 31 and 3
per cent
Deduct net value of risks of this company
reinsured in other solvent companies
567502 00
1563 00
Net reinsurance reserve 565939 00
3 Claims for death losses unpaid no proofs received 9000 00
13 Amount due on account of salaries rents and office ex
penses 845 00
16 Amount of any other liability of the company viz Pre
miums paid in advance 4495 20
17 Liabilities on policyholders account
18 Gross surplus on policyholders account
580279 20
394265 19
19 Total liabilities 974544 39COMPTROLLERGENERALS REPORT 359
Business in Georgia during 1905
No Amount
Number and amount of policies on the lives of citi
zens of Georgia issued during the year 28 65000 00
Deduct number and amount which have ceased to be
in force during the year 3 6500 00
Total number and amount of policies in force in
Georgia December 31 1905 25 58500 00
Amount of premiums collected or secured in Georgia during
the year in cash without any deduction for losses divi
dends commissions or other expenses 1585 90
PROVIDENT SAVINGS LIFE ASSURANCE SOCIETY NEW YORK N Y
Timothy L Woodruff President John W Vrooman Secretary
Principal Office 346 Broadway New York N Y
J R Nutting Atlanta 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 year 7188429 38
Extended at 7188429 38
IIINCOME DURING YEAR 1905
1 Cash received for premiums on new poli
cies without deductions for commis
sions or other expenses
11 Cash received for renewal premiums
without deductions for commissions or
other expenses
2 Premium notes loans or liens taken in
part payment for premiums on new
policies
2J Premium notes loans or liens taken in
part payment for renewal premiums
3 From dividends applied to pay running
premiums see item 11 disbursements
41 From surrender values applied to pur
chase paidup insurance and annuities
see item 15 disbursements
5 Consideration for annuities other than
matured installment policies
591389 66
2955330 36
9244 80
58301 57
37912 46
15898 80
959 00
Total 3669036 65360
COMPTROLLERGENERALS REPORT
6 Deduct amount of premiums paid to other
companies for reinsurance on policies in
this company new business 59311
renewals 672497
7318 OS
7 Total premium income 3661718 57
8 Cash received for interest on mortgage loans 31439 01
9 Cash received for interest on bonds owned and dividends
on stock 36741 42
10 Cash received for interest on premium notes loans or
liens 137359 44
11 Cash received for interest on other debts due the com
pany 5517 82
13 Cash received for rents for use of companys property in
cluding 120000 for companys own occupancy 296463 75
14 Cash received for real estate 9648222 all other 3
94834 total 100430 56
17 Premium notes loans or liens restored by revival of pol
icies 779 93
18 Consideration for supplementary contracts involving life
contingencies 10241 40
19 From all other sources viz Comptroller State of New
York 14433 47
Total income 4295125 37
IIIDISBURSEMENTS FOB THE YEAB 1905
1 Cash paid for death claims including re
versionary additions 1275911 40
2 Premium notes loans or liens used in
payment of the same 3002 28
3 Cash paid for matured endowments and
additions thereto 20000 00
5 Cash paid for sums falling due during the
year on installment policies 3400 00
7 Total net amount actually paid for losses and matured
endowments
8 Cash paid to annuitants
9 Premium notes loans or liens voided by lapse
10 Cash dividends paid policyholders
11 Cash dividends applied to pay running premiums see
item 3 income
13 Surrender values paid in cash
15 Surrender values applied to purchase paidup insurance
and annuities see item 41 income
Total paid policyholders 1718661 72
16 Cash paid stockholders for interest on dividends
17 Cash paid for commissions and bonuses to agents less
commission on reinsurance new policies 33935457
renewals 19668436 annuities 3836
1302313 68
17230 96
15600 83
130141 80
37912 46
199563 19
15898 80
6916 00
536077 29COMPTROLLERGENERALS REPORT
361
18 Cash paid for salaries and allowances to managers and
agents 113353 38
19 Cash paid for medical examiners fees 6708536 inspec
tion of risks 1882344 85908 80
20 Cash paid for salaries and all other compensation of of
ficers and other home office employees 250887 77
21 Cash paid for taxes on new premiums 916890 on re
newals 4420300 53371 90
23 Cash paid for insurance department fees and agents li
censes 458967 municipal licenses 666275 11252 42
24 Cash paid for rent including 120000 companys occu
pancy less 108583 received under sublease 72741 45
25 Cash paid for taxes on real estate 58276 17
26 Cash paid for furniture fixtures and safes for home and
agency offices 6940 24
27 Cash paid for advertising 2579593 printing 25802
57 postage 2672654 78325 04
28 Cash paid for real estate expenses other than taxes 192
02399 for legal expenses 3240008 224424 07
29 Cash paid for the following items viz Loss on sale or
maturity of ledger assets 10838062 agency supervis
ion traveling expenses of officers and agents and all
other expenses 16831769 total 276698 31
Total miscellaneous expenses 1775172 84
30 Total disbursements 3493834 56
IVASSETS AS PEK LEDGER ACCOUNTS
1 Book value of real estate exclusive of all incumbrances 2875382 91
2 Loans on mortgage first liens on real estate 549917 33
3 Loans secured by pledge of bonds stocks or other mar
ketable collaterals 700 00
4 Loans made in cash to policyholders on this companys
policies assigned as collateral 2591313 95
5 Premium notes loans or liens on policies in force of
which 924480 was received during the year 297870 92
6 Book value of bonds and stocks owned excluding accrued
interest at time of purchase 1023168 37
7 Cash in companys office 13113 51
8 Cash deposited in banks 361186 38
9 Bills receivable 883 84
10 Agents ledger balances 204306 41
Comptroller State of N Y 1016657 other items 11
71000 loans to agents secured 5000000 total 71876 57
11 Total net or ledger assets 7989720 19
12 Deduct depreciation from cost of assets to bring same to
market value
19376 57
13 Total net or ledger assets less depreciation 7970343 62362
COMPTROLLERGENERALS REPORT
OTHEB ASSETS
14 Interest due 561197 and accrued 553304 on mort
gages
15 Interest accrued on bonds and stocks
16 Interest accrued on collateral loans
17 Interest due 397816 and accrued 6021025 on pre
miums notes loans or liens
19 Rents accrued on companys property or lease
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
unreported on policies in
force December 31 1905 133246 00 230643 00
24 Gross deferred premiums
on policies in force De
cember 31 1905 3986100 258510 00
Totals 173107 00 489153 00
23 Deducting loading 55 per
cent on new and 15
per cent on renewals 95209 00 73373 00
11145 01
13566 44
14 98
64188 41
3362 04
366246 60
13089 39
26 Net amount of uncollected
and deferred premiums 77898 00 415780 00 493678 00
28 Total assets as per the books of the company 8935634 49
ITEMS NOT ADMITTED
2 Judgments 1458 00
5 Agents balances 204306 41
7 Bills receivable 883 84
8 Other items 11710 00
Total 218358 25
9 Total assets less items not admitted 8717276 24
VLIABILITIES
1 Net present value of all the outstanding
policies in force on the 31st day of De
cember 1905 computed according to the
actuaries table of mortality with four
per cent interest and combined table at
3J per cent 8063000 00
Deduct net value of risks of this company
reinsured in other solvent companies 8845 00
Net reinsurance reserve 8054155 00COMPTROLLERGENERALS REPORT
363
2 Premium notes or loans on policies and
other obligations in excess of the net
value of their policies 26607 00
5 Claims for death losses and matured en
dowments in process of adjustment or
adjusted and not due 123089 00
6 Claims for death losses and other policy
claims resisted by the company 85239 40
8 Present value of unpaid amounts on ma
tured installment policies 37258 40
9 Amount of trust funds held by the com
pany and accrued interest 37333 34
Total policy claims 309527 14
10 Amount of all unpaid dividends of surplus or other de
scription of profits due policyholders 2270 76
16 Amount of any other liability of the company viz Pre
miums paid in advance 825500 interest paid in ad
vance 1298120 surrender values not yet called for
1195900 total 33195 20
17 Liabilities on policyholders account 8399148 10
18 Unassigned funds to provide for all other contingencies 318128 14
19 Total liabilities 8717276 24
Business in Georgia during 1905
No Amount
Number and amount of policies on the lives of citi
zens of Georgia in force December 31 of previous
year 1884 3629780 00
Number and amount of policies on the lives of citi
zens of Georgia issued during the year 459 495092 00
Total 2343 4124872 00
Deduct number and amount which have ceased to
be in force during the year 396 487019 00
Total number and amount of policies in force
in Georgia December 31 1905 1947 3637853 00
Amount of losses and claims on policies in Georgia
unpaid December 31 of previous year 3 8000 00
Amount of losses and claims on policies in Georgia
incurred during the year 20 63000 00
Amount of losses and claims on policies in Georgia
paid during the year 23 71000 00
Amount of premiums collected or secured in Georgia during
the year in cash 11220487 notes or credits 681176
without any deduction for losses dividends commissions
or other expenses total 119016 63364
COMPTROLLERGENERALS REPORT
RELIANCE LIFE INSURANCE COMPANY PITTSBURG PA
James H Reed President Grant Siverd Secretary
Principal Office Farmers Bank Bldg Pittsburg Pa
Richard H Milledoe Atlanta Attorney for Service in Georgia
ICAPITAL STOCK
1 Amount of capital stock
paid up in cash 1000000 00
Amount of net or ledger assets December
31 of previous year 2004750 8S
Extended at 2004750 88
IIINCOME DURING YEAR 1905
1 Cash received for premiums on new poli
cies without deductions for commis
sions or other expenses 178121 44
li Cash received for renewal premiums
without deductions for commissions or
other expenses 121532 98
3J From dividends applied to purchase
paidup additions and annuities see
item 12 disbursements 823 80
5 Consideration for annuities other than
matured installment policies 611 50
Total 301089 72
6 Deduct amount of premiums paid to other
companies for reinsurance on policies in
this company new business 101259
renewals 309955 4112 14
7 Total premium income 296977 58
8 Cash received for interest on mortgage loans 10339 48
9 Cash received for interest on bonds owned and dividends
on stock 55892 53
10 Cash received for interest on premium notes loans or
liens 166 80
11 Cash received for interest on other debts due the com
pany 11363 61
Total income 374740 00
IIIDISBURSEMENTS FOR THE YEAR 1905
1 Cash paid for death claims including reversionary addi
tions
8 Cash paid to annuitants
34948 00
75 00COMPTROLLERGENERALS REPORT
365
19
20
10 Cash dividends paid policyholders
12 Cash dividends applied to purchase paidup additions and
annuities see item 3i income
Total paid policyholders 36222 13
17 Cash paid for commissions and bonuses to agents less
commission on reinsurance new policies 12652269
renewals 464881 on original annuities 3058
18 Cash paid for salaries and allowances to managers and
agents
Cash paid for medical examiners fees 1952260 inspec
tion of risks 270550
Cash paid for salaries and all other compensation of of
ficers and other home office employees
23 Cash paid for insurance department fees and agents li
censes and municipal licenses
24 Cash paid for rent companys occupancy
25 Cash paid for commuting commissions
26 Cash paid for furnitureflxtures and safes for home and
agency offices
27 Cash paid for advertising 795419 printing 963752
postage 190177
28 Cash paid for legal expenses
29 Cash paid for the following items viz Agency supervis
ion 457566 loss on maturity of ledger assets 52498
express 49840 library 14430 telephone 57120
telegrams 23297 mortgage appraisements 500 pho
tographic 36062 general expense 792341 prem
discount 745 trust fund transferred to premium ac
count 25376 total
30 Total disbursements
IVASSETS AS PER LEDGER ACCOUNTS
2 Loans on mortgage first liens on real estate
4 Loans made in cash to policyholders on this companys
policies assigned as collateral
5 Premium notes loans or liens on policies in force
6 Cost value of bonds and stocks owned excluding accrued
interest at time of purchase
7 Cash in companys office
8 Cash deposited in banks
9 Accounts receivable
10 Agents ledger balances
13 Total net or ledger assets
14 Interest due
OTHER ASSETS
170000 and accrued 257021 on mort
gages
15 Interest accrued on bonds and stocks
17 Interest accrued on premiums notes loans or liens
375 33
823 80
131202 08
20010 80
22228 10
37080 86
5840 98
16680 00
3074 87
922 38
19493 48
2047 50
15097 75
309900 93
294146 75
31728 00
4837 06
1477475 45
2482 05
169756 17
367 44
88797 03
2069589 95
4270 21
20780 31
1500 00
366
COMPTROLLEkGENERALS report
New Business
Renewals
23 Gross premiums due and
unreported on policies in
force December 31 1905 1136 69 15773 95
24 Gross deferred premiums
on policies in force De
cember 31 1905 4933 09 9532 29
Totals 6069 78 25306 24
25 Deducting loading 20 per
cent 1213 96 5061 25
26 Net amount of uncollected
and deferred premiums 4855 82 20244 99 25100 81
27 Furniture fixtures and safes 9478 69
28 Total assets as per the books of the company 2130719 97
ITEMS NOT ADMITTED
2 Furniture fixtures and safes 9478 69
5 Agents balances 88797 03
7 Accounts receivable 367 44
Total
98643 16
9 Total assets less items not admitted 2032076 81
VLIABILITIES
1 Net present value of all the outstanding
policies in force on the 31st day of De
cember 1905 computed according to the
American table of mortality with three
per cent interest
Deduct net value of risks of this com
pany reinsured in other solvent com
panies
385763 00
2732 00
Net reinsurance reserve
5 Claims for death losses and matured en
dowments in process of adjustment or
adjusted and not due
6 Claims for death losses and other policy
claims resisted by the company
383031 00
1000 00
10000 00
Total policy claims
13 Amount due on account of salaries rents and office ex
penses
16 Amount of any other liability of the company viz Pre
miums paid in advance 88197 commissions due agents
on prem notes 36278
11000 00
2436 85
1244 75COMPTROLLERGENERALS REPORT 367
17 Capital stock 1000000 00
18 Unassigned funds 634364 21
19 Total liabilities 2032076 81
Business in Georgia during 1905
No Amount
Number and amount of policies on the lives of citi
zens of Georgia in force December 31 of previous
year 185 283500 00
Number and amount of policies on the lives of citi
zens of Georgia issued during the year 382 464610 00
Total 567 748110 00
Deduct number and amount which have ceased to
be in force during the year 73 118810 00
Total number and amount of policies in force
in Georgia December 31 1905 494 629300 00
Amount of losses and claims on policies in Georgia
incurred during the year 5 15000 00
Amount of losses and claims on policies in Georgia
paid during the year Cash 780000 compro
mise 720000 5 1500 00
Amount of premiums collected or secured in Georgia during
the year in cash without any deduction for losses divi
dends commissions or other expenses 24288 53
RESERVE LOAN LIFE INSURANCE CO INDIANAPOLIS IND
Chalmers Brow President Wm K Bellis Secretary
Principal Office 300 to 310 Saks Building Indianapolis
Wm A Wright Atlanta Attorney for Service in Georgia
ICAPITAL STOCK
Amount of net or ledger assets December
31 of previous year 768119 03
Extendedat 768119 03
IIINCOME DURING YEAR 1905
1 Cash received for premiums on new policies without de
ductions for commissions or other expenses 809629 05
li Cash received for renewal premiums without deduc
tions for commissions or other expenses 237856 75
7 Total premium income 1047485 80368
COMPTROLLERGENERALS REPORT
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 com
pany
19 Prom all other sources viz Loan expense 6270 div
surplus 38000 understatement of agents 10391
Total income 1107992 71
7576 96
279 00
51459 34
645 00
546 61
IIIDISBURSEMENTS EOB THE YEAR 1905
1 Cash for death claims including reversionary additions
8 Premiums returned
9 Premium notes loans or liens voided by lapse
10 Cash dividends paid policyholders
13 Surrender values paid in cash
Total paid policyholders 209130 79
17 Cash paid for commissions and bonuses to agents less
commission on reinsurance new policies 11201448
renewals 336433
18 Cash paid for salaries and allowances to managers and
agents
19 Cash paid for medical examiners fees
20 Cash paid for salaries and all other compensation of of
ficers and other home office employees
21 Cash paid for taxes on new premiums
23 Cash paid for insurance department fees and agents li
censes
24 Cash paid for rent companys occupancy
26 Cash paid for furniture fixtures and safes for home and
agency offices
27 Cash paid for advertising 331778 printing 491730
28 Cash paid for legal expenses
29 Cash paid for the following items viz Postage 3744
40 general expenses 158666 loan expense 3460
collections and exchange 17607 suspense account
9603
Total miscellaneous expenses 5637 76
30 Total disbursements
IVASSETS AS PER LEDGER ACCOUNTS
2 Loans on mortgage first liens on real
estate 254230 00
4 Loans made in cash to policyholders on
this companys policies assigned as col
lateral lM0616 60
21747 50
1117 75
8465 74
12266 40
165533 40
115378 81
27431 60
7260 55
31443 75
214 00
1295 52
2966 66
2093 10
8235 08
4582 75
5637 76
415670 37COMPTROLLERGENERALS REPORT
369
5 Premium notes loans or liens on policies
in force of which 867996 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
10 Agents ledger balances of which 328260
was advanced during the year
21182 19
29908 00
760 75
36354 52
7389 31
11 Total net or ledger assets 1460441 37
12 Deduct depreciation from cost of assets to
bring same to market value 316 50
13 Total net or ledger assets less depreciation 1460124 87
OTHEB ASSETS
14 Interest accrued on mortgages
15 Interest accrued on bonds and stocks
17 Interest due on premiums notes loans or liens
18 Interest accrued on other assets
1452 67
292 78
4831 03
381 81
23 Gross premiums due and
unreported on policies in
force December 31 1905
24 Gross deferred premiums
on policies in force De
cember 31 1905
New Business
29916 84
Renewals
11844 23
10099 40
Totals 29916 84 21943 63
25 Deducting loading 60 per
cent on new and 20
per cent on renewals 17950 10 4388 73
26 Net amount of uncollected
and deferred premiums
27 Furniture fixtures and safes
11966 74
17554 90
29521 64
4000 00
28 Total assets as per the books of the company 1500604 80
ITEMS NOT ADMITTED
2 Furniture fixtures and safes 4000 00
5 Agents balances 7389 31
8 Premium notes and interest due No 17
above and net premiums in item 26 in
excess of the net value of their policies 17340 9
Total
28730 30
9 Total assets less items not admitted 1471874 50
24 in370
COMPTROLLERGENERALS REPORT
VLIABILITIES
1 Net present value of all the outstanding policies in force
on the 31st day of December 1905computed according
to the actuaries table of mortality with 4 per cent in
terest and American 31 per cent 1356616 00
13 Amount due on account of salaries rents and office ex
1690 26
Com
16
penses
Amount of any other liability of the company viz
missions due agents on premium notes when paid
169 41
17 Liabilities on policyholders account l3847o 67
18 Gross surplus on policyholders account 113398 So
19 Total liabilities
20 Estimated surplus accrued on tontine or
other policies the profits upon which are
especially reserved for that class of poli
cies
21 Estimated surplus accrued on all other
policies
1471874 50
1660 00
111738 83
Business in Georgia during 1905
No
Number and amount of policies on the lives of citi
zens of Georgia issued during the year 43
Amount of premiums collected or secured in Georgia during
the year in cash 425022 and notes or credits 1712763
without any deduction for losses dividends commissions
or other expenses

Amount
12900 00
21377 85
SECURITY LIFE AND ANNUITY COMPANY OF NORTH CAROLINA
J Van Lindley President Geo A Grimsley Secretary
Principal Office 119 South Elm Street Greensboro N C
Thomas A Haugiiton Macon Attorney for Service in Georgia
ICAPITAL stock
Amount of guaranty capi
tal stock paid up in cash 100000 00
Amount of net or ledger assets December
31 of previous year
Extended at
95892 43
nincome during year 1905
195892 43
1 Cash received for premiums on new poli
cies without deductions for commissions
or other expenses
119931 21COMPTROLLERGENERALS REPORT
371
li Cash received for renewal premiums
without deductions for commissions or
other expenses
2 Premium notes loans or liens taken in
part payment for premiums on new poli
cies
2J Premium notes loans or liens taken in
part payment for renewal premiums
5 Consideration for annuities other than
matured installment policies
83137 68
1141 81
448 14
12955 00
Total
6 Deduct amount of premiums paid to other
companies for reinsurance on policies in
this company new business
216947 41
475 38
7 Total premium income
8 Cash received for interest on mortgage loans
9 Cash received for interest on bonds owned and dividends
on stock
10 Cash received for interest on premium notes loans or
liens
11 Cash received for interest on other debts due the com
pany
13 Cash for rents companys occupancy
Total income
HIDISBURSEMENTS FOR THE YEAR 1905
1 Cash paid for death claims including reversionary addi
tions
8 Cash paid to annuitants
13 Surrender values paid in cash
Total paid policyholders 45251 92
17 Cash paid for commissions and bonuses to agents less
commission on reinsurance new policies 7129922
renewals 254954
18 Cash paid for salaries and allowances to managers and
agents
19 Cash paid for medical examiners fees
20 Cash paid for salaries and all other compensation of offi
cers and other home office employees
21 Cash paid for taxes on new premiums and renewals
24 Cash paid for rent including 47000 for companys occu
pancy
27 Cash paid for advertising and printing
28 Cash paid for legal expenses
29 Cash paid for the following items viz Postage 81575
general expense 219806 total
Total miscellaneous expenses 3013 81
30 Total disbursements
216472 03
2209 33
98 00
2372 02
816 28
470 00
f 222437 66
35987 31
8615 00
649 61
73848 76
250 00
12785 00
9469 44
1051 41
875 00
3906 85
531 20
3013 81
150983 39372
COMPTROLLERGENERALS REPORT
IVASSETS AS PEE LEDGER ACCOUNTS
1 Cost value of real estate exclusive ot all incumbrances
2 Loans on mortgage first liens on real estate
3 Loans secured by pledge of bonds stocks or other mar
ketable collaterals
4 Loans made in cash to policyholders on this companys
policies assigned as collateral
5 Premium notes loans or liens on policies in force
6 Cost value of bonds and stocks owned excluding accrued
interest at time of purchase
8 Cash deposited in banks
10 Agents ledger balances
Guaranty capital
Furniture and fixtures
OTIIEB ASSETS
14 Interest accrued on mortgages
16 Interest accrued on collateral loans
17 Interest accrued on premiums notes loans or liens
20 Market value of real estate over cost
23 Gross premiums due and unreported on
policies in force December 31 1905 4203 24
24 Gross deferred premiums on policies in
force December 31 1905 2122 62
Total
25 Deducting loading 15 per cent
6325 86
948 88
26 Net amount of uncollected and deferred premiums
28 Total assets as per the books of the company
15324 29
42000 00
25250 00
1338 13
41212 36
2165 00
36330 40
2557 88
100000 00
1168 64
13 Total net or ledger assetsI 267346 70
460 65
270 41
293 84
4675 71
5376 98
278424 29
ITEMS NOT ADMITTED
2 Furniture fixtures and safes
5 Agents balances
1168 64
2557 88
Total
9 Total assets less items not admitted
3726 52
274697 77
VLIABILITIES
1 Net present value of all the outstanding policies in force
on the 31st day of December 1905 computed according
to the actuaries table of mortality with 4 per cent in
terest
72004 00COMPTROLLERGENERALS REPORT
373
2 Premium notes or loans on policies and other obligations
in excess of the net value of their policies
7 Amounts due and unpaid on annuity claims present val
ues annuities certain
9 Amount of trust funds held by the company present val
ues contingent annuities
17 Liabilities on policyholders account
18 Gross surplus on policyholders account
19 Total liabilities
1141 81
26033 00
67246 00
166424 81
108272 96
274697 77
SECURITY TRUST AND LIFE INSURANCE COMPANY
PHILADELPHIA PA
Thomas Bradley President I C Garvebick Secretary
Principal Office Security Trust and Life Building New York City
Home Office 1011 Chestnut Street Philadelphia Pa
Aabon Haas 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 2149970 88
Error in real estate account 500 00
Extended at I 2150470 88
IIINCOME DURING YEAR 1905
1 Cash received for premiums on new poli
cies without deductions for commissions
or other expenses 194794 9o
1J Cash received for renewal premiums
without deductions for commissions or
other expenses 697516 91
2 Premium notes loans or liens taken in
part payment for premiums on new poli
cies 1488 85
2i Premium notes loans or liens taken in
part payment for renewal premiums 56313 34
3 From dividends applied to pay running
premiums see item 11 disbursements 1505 83374
COMPTROLLERGENERALS REPORT
41 From surrender values applied to pur
chase paidup insurance and annuities
see item 15 disbursements 8702 00
5 Consideration for annuities other than
matured installment policies 36 50
Total 960358 39
6 Deduct amount of premiums paid to other
companies for reinsurance on policies in
this company new business 326720
renewals f 193460 5201 80
7 Total premium income 955156 59
8 Cash received for interest on mortgage loans 5951 37
9 Cash received for interest on bonds owned and dividends
on stock 16369 25
10 Cash received for interest on premium notes loans or
liens 14327 80
11 Cash received for interest on other debts due the com
pany 3829 74
13 Cash received for rents for use of companys property in
cluding 1800000 for companys own occupancy 198970 47
14 Cash received for profits on sales of bonds or stocks 2
76547 real estate 80000 all other 16377 3729 24
17 Premium notes loans or liens restored by revival of poli
cies S30 67
19 From all other sources viz Consideration for supple
mentary contracts not involving life contingencies 11025 00
Total income 1210190 13
IIIDISBURSEMENTS FOB THE YEAR 1905
1 Cash paid for death claims including reversionary addi
tions
2 Premium notes loans or liens used in payment of the
same
3 Cash paid for matured endowments and additions there
to
5 Cash paid for sums falling due during the year on install
ment policies
8 Cash paid to annuitants
9 Premium notes loans or liens used in purchase of sur
rendered policies 35088 voided by lapse 657291
10 Cash dividends paid policyholders
10J Health and accident insurance claims
11 Cash dividends applied to pay running premiums see
item 3 income
111 Premiums returned to policyholders
13 Surrender values paid in cash
346635 59
3440 60
5151 00
3435 00
342 00
6923 79
602 68
6174 45
1505 83
1910 00
52743 42
COMPTROLLERGENERALS REPORT
15 Surrender values applied to purchase paidup insurance
and annuities see item 4J income
Total paid policyholders 437566 36
17 Cash paid for commissions and bonuses to agents less
commission on reinsurance new policies 15069366
renewals 4064274
18 Cash paid for salaries and allowances to managers and
agents
19 Cash paid for medical examiners fees 742600 inspec
tion of risks 550418
20 Cash paid for salaries and all other compensation of offi
cers and other home office employees
21 Cash paid for taxes on new premiums and renewals
22 Cash paid for taxes on capital
23 Cash paid for insurance department fees and agents li
censes 673434 municipal licenses 68708
24 Cash paid for rent including 1800000 companys occu
pancy
26 Cash paid for furniture fixtures and safes for home and
agency offices
27 Cash paid for advertising 811706 printing 665574
postage 283523
28 Cash paid for real estate expenses other than taxes 44
87091 for legal expenses 673637
29 Cash paid for the following items viz Tax on real
estate 2804121 loss on sale of ledger assets 1109
97 profit and loss protested checks agents balances
etc 2085921 interest payments 6670733 expense
account 627099 expressage 83974
Total miscellaneous expenses 504090 52
375
8702 00
191336 40
9113 84
12930 18
50887 36
15775 96
500 00
7421 42
22433 10
648 50
17608 03
51607 28
123828 45
30 Total disbursements 941656 88
IVASSETS AS PEB LEDGER ACCOUNTS
1 Cost value of real estate exclusive of all incumbrances 1372500 00
2 Loans on mortgage first Hens on real estate 167185 00
3 Loans secured by pledge of bonds stocks or other mar
ketable collaterals 1000 00
4 Loans made in cash to policyholders on this companys
policies assigned as collateral 220102 58
5 Premium notes loans or liens on policies in force 70128 33
6 Cost value of bonds and stocks owned excluding accrued
interest at time of purchase 379110 27
870 55
7 Cash in companys office
8 Cash deposited in banks
9 Bills receivable
10 Agents ledger balances of which 955894 was advanced
u Agent s 56187 90
during the year376
COMPTROLLERGENERALS REPORT
Companys stock 2875000 suspense account 12050
Grable contract 276874 City Trust Safe Deposit and
Surety Co 68036 contingent reversion 570000
38010 60
13 Total net or ledger assets 2419004 13
OTHEB ASSETS
14 Interest due 150000 and accrued 193009 on mort
gages 3430 09
15 Interest accrued on bonds and stocks 2415 38
16 Interest due and accrued on collateral loans 1 25
17 Interest accrued on premiums notes loans or liens 8485 34
18 Interest due and accrued on other assets 112 22
19 Rents due and accrued on companys property or lease 6323 33
20 Market value of real estate over cost 247500 00
21 Market value of bonds and stocks over cost 82S5 13
23 Gross premiums due and
unreported on policies in
force December 31 1905
24 Gross deferred premiums
on policies in force De
cember 31 1905
Totals
25 Deducting loading 15 per
cent
New Business
7282 49
Renewals
41127 71
91173 16
7282 49 132300 87
1092 38 19845 13
26 Net amount of uncollected
and deferred premiums
27 Cash in transit
6190 11
112455 74
28 Total assets as per the books of the company
ITEMS NOT ADMITTED
1 Companys stock owned
7 Suspense account
8 Grable contract
28750 00
120 50
2768 74
118645 85
3666 60
2817869 32
Total
31639 24
9 Total assets less items not admitted 27S6230 08
VLIABILITIES
1 Net present value of all the outstanding
policies in force on the 31st day of De
cember 1905 computed according to the
American table of mortality with 3 per
cent interest
Deduct net value of risks of this company
reinsured in other solvent companies
2274738 00
753 00
Net reinsurance reserve 2270985 09COMPTROLLERGENERALS REPORT
377
5 Claims for death losses and matured en
dowments in process of adjustment or
adjusted and not due 53839 49
6 Claims for death losses and other policy
claims resisted by the company 4610 96
8 Present value of unpaid amounts on ma
tured installment policies face 48
21000 36304 00
Total policy claims
14 Amount due by the company for borrowed money includ
ing interest due or accrued
16 Amount of any other liability of the company viz Pre
miums paid in advance 599705 commissions due
agents on premium notes when paid 110000
94754 45
9958 33
7097 05
17 Liabilities on policyholderss account
18 Gross surplus on policyholders account
2382794 S3
403435 25
19 Total liabilities 2786230 08
Business in Georgia during 1905
Number and amount of policies on the lives of citi
zens of Georgia in force December 31 of previous
year
Number and amount of policies on the lives of citi
zens of Georgia issued during the year
No
334
9
Total
Deduct number and amount which have ceased to be
in force during the year
343
61
Total number and amount of policies in force in
Georgia December 31 1905 282
Amount
537972 00
13626 00
551598 00
105524 00
446074 00
Amount of losses and claims on policies in Georgia
unpaid December 31 of previous year
Amount of losses and claims on policies in Georgia
incurred during the year
1
9
1950 00
21391 49
Total
10
Amount of losses and claims on policies in Georgia
paid during the year c
Amount of premiums collected or secured in Georgia during
the year in cash and notes or credits without any deduc
tion for losses dividends commissions or other expenses
23341 49
9316 49
16632 59378
COMPTROLLERGENERALS REPORT
SECURITY LIFE AND ANNUITY COMPANY OP VIRGINIA
W 0 Johnson President Henry C Brown Secretary
Principal Office Majestic Building Chicago 111
Wm A Wright Atlanta Attorney for Service in Georgia
ICAPITAL STOCK
1 Amount of capital stock
paid up in cash 165550 00
Amount of net or ledger assets December
31 of previous year
Increase of capital during 1905
387110 28
10550 00
Extended at 397660 28
IIINCOME DURING YEAR 1905
1 Cash received for premiums on new poli
cies without deductions for commissions
or other expenses 156177 46
Is Cash received for renewal premiums
without deductions for commissions or
other expenses 194990 45
5 Consideration for annuities other than
matured installment policies 6000 00
7 Total premium income 357167 91
9 Cash received for interest on bonds owned and dividends
on stock 7438 80
10 Cash received for interest on premium notes loans or
liens 4817 94
11 Cash received for interest on other debts due the com
pany 1445 69
12 Health premiums 1508 12
16 Premiums paid in advance 938 00
17 Stock options 969 00
18 Munich reinsurance fund 514 12
19 Prom all other sources viz Sale of stock above par 11540 00
Total income 386339 58
IIIDISBURSEMENTS FOR THE YEAR 1905
1 Cash paid for death claims including reversionary addi
tions 20441 67
8 Cash paid to annuitants 297 12
9 Premium notes loans or liens used in purchase of sur
rendered policies voided by lapse 2506 64COMPTROLLERGENERALS REPORT
13 Surrender values paid in cash
Total paid policyholders 46218 94
17 Cash paid for commissions and bonuses to agents less
commission on reinsurance new policies 9180073
renewals 2460692
18 Cash paid for salaries and allowances to managers and
agents
19 Cash paid for medical examiners fees
20 Cash paid for salaries and all other compensation of offi
cers and other home office employees
23 Cash paid for insurance department fees and agents li
censes
24 Cash paid for rent including 372000 companys occu
pancy
25 Health indemnities
26 Cash paid for furniture fixtures and safes for home and
agency offices
27 Cash paid for advertising 240911 printing and sta
tionery 739773 postage 160872
28 Cash paid for legal expenses
29 Cash paid for the following items viz Loss on sale or
maturity of ledger assets 876873 agency supervision
traveling and all other agency expenses 761328
9
10
IVASSETS AS PER LEDGEK ACCOUNTS
Loans on mortgage first liens on real estate
Loans secured by pledge of bonds stocks or other mar
ketable collaterals
Loans made in cash to policyholders on this companys
policies assigned as collateral
Premium notes loans or liens on policies in force
Cost value of bonds and stocks owned excluding accrued
interest at time of purchase
Cash in companys office 74265 deposit in bank not on
interest 1355555
Cash deposited in banks
Bills receivable
Agents ledger balances advanced during the year
Advance dividend loans

379
22973 51
16407 65
8034 69
7672 63
35358 23
10181 32
6373 78
450 00
2620 48
11415 56
4722 50
16382 01
30 Total disbursements 265837 79
14950 00
1650 60
3636 40
3650 43
222130 56
14298 20
51185 50
200 00
24182 45
182277 93
13 Total net or ledger assets 518162 07
OTHEB ASSETS
14 Interest accrued on mortgages
15 Interest accrued on bonds and stocks
16 Interest accrued on collateral loans
17 Interest accrued on premiums notes loans or liens
18 Interest accrued on bank deposits
368 72
1746 60
24 00
3 61
221 10380
COMPTROLLERGENERALS REPORT
Reewals
23 Gross premiums due and unreported on
policies in force December 31 1905 25983 77
24 Gross deferred premiums on policies in
force December 31 1905 18632 17
Total
25 Deducting loading 25 per cent
44615 94
13142 79
26 Net amount of uncollected and deferred premiums
27 Furniture fixtures and safes 400000 postage paid
16500
28 Total assets as per the books of the company
ITEMS NOT ADMITTED
2 Furniture fixtures and safes
4 Book value of ledger assets over market
value
5 Agents balances
6 Advance dividend loans not secured by re
serve
7 Bills receivable
4000 00
2390 56
24182 45
6939 60
200 00
Total
31473 15
4165 00
556164 25
37712 61
9 Total assets less items not admitted 518451 64
VLIABILITIES
1 Net present value of all the outstanding
policies in force on the 31st day of De
cember 1905 computed according to the
actuaries table of mortality with 4 per
cent interest on old forms American ex
perience 3 per cent 346899 00
Deduct net value of risks of this company
reinsured in other solvent companies 3291 00
Net reinsurance reserve 345608 00
11 Commissions on interstate advisory board contract esti
mated 2703 00
12 Health indemnity losses unpaid 40 00
13 Amount due on account of salaries rents and office ex
penses 348 37
14 Reinsurance due and unpaid 1S4 35
15 Munich reinsurance fund 514 12
16 Amount of any other liability of the company viz Pre
miums paid in advance 938 00
Capital stock 16555000 unassigned fund surplus
456580 170115 80
19 Total liabilities 518451 64COMPTROLLERGENERALS REPORT
381
SECURITY MUTUAL LIFE INSURANCE COMPANY OP NEW YORK
C M Turner President C A LaDue Registrar
Principal Office Binghamton N Y
Wm A Weight Atlanta Attorney for Service in Georgia
lCAPITAL STOCK
Amount of net or ledger assets December
31 of previous year 3138252 76
Extended at 3138252 76
IIINCOME DURING YEAR 1905
I Cash received for premiums on new poli
cies without deductions for commissions
or other expenses
II Cash received for renewal premiums
without deductions for commissions or
other expenses 1227079 05
3 From dividends applied to pay running
premiums see item 11 disbursements
4 From surrender values applied to pay run
ning premiums see item 14 disburse
ments
41 From surrender values applied to pur
chase paidup insurance and annuities
see item 15 disbursements
406506 27
7388 97
113 38
1175 62
7 Total premium income
8 Cash received for interest on mortgage loans
9 Cash received for interest on bonds owned and dividends
on stock
10 Cash received for interest on premium notes loans or
liens
11 Cash received for interest on other debts due the com
pany
13 Cash received for rents for use of companys property in
cluding 625000 for companys own occupancy
14 Cash received for profits on sales of real estate
17 Premium notes loans or liens restored by revival of poli
18 Consideration for supplementary contracts not involving
life contingencies
19 From all other sources viz Registration fees 273900
exchange fees 43568
Total income
1642263 29
14220 60
21117 29
81568 39
5762 05
14764 85
67 75
602 86
5140 00
3174 68
1788681 76382
COMPTROLLERGENERALS REPORT
11
13
14
HIDISBURSEMENTS FOB THE TEAR 1905
1 Cash paid for death claims including reversionary addi
tions
8 Cash paid for annuities
9 Premium notes loans or liens voided by lapse
10 Paid for claims on supplementary contracts not involving
life contingencies
Cash dividends applied to pay running premiums see
item 3 income
Surrender values paid in cash
Surrender values applied to pay running premiums see
item 4 income
15 Surrender values applied to purchase paidup insurance
and annuities see item 4i income
Total paid policyholders 521513 48
17 Cash paid for commissions and bonuses to agents less
commissions on reinsurance new policies 30150315
renewals 5899123
18 Cash paid for salaries and allowances to managers and
agents
Cash paid for medical examiners fees 4509500 inspec
tion of risks 1394871
Cash paid for salaries and all other compensation of offi
cers and other home office employees
21 Cash paid for taxes on premiums
22 Cash paid for taxes on real estate
23 Cash paid for insurance department fees and agents li
censes
Cash paid for rent including 625000 companys occu
pancy
Cash paid for furniture fixtures and safes for home and
agency offices
27 Cash paid for advertising 1058462 printing 10185
31 postage 810232
28 Cash paid for real estate expenses other than taxes 9
49900 for legal expenses 597474
29 Cash paid for the following items viz General office ex
penses 1043139 collections 2973737 inves
479131 premiums on bonds 133026 accrued
interest paid 209037 loan notes lapsed 2280718
agents accounts charged off 1301258 profit and loss
miscellaneous 20688
19
2d
24
26
481506 43
542 83
3243 60
700 00
7388 97
26842 63
113 38
1175 G2
360494 3S
146603 16
59043 71
74953 46
21234 84
1685 20
8954 16
17900 35
2864 63
28872 25
15473 74
84407 34
30
Total disbursements X 344 000 70
IVASSETS AS PER LEDGER ACCOUNTS
1 Cost value of real estate exclusive of all incumbrances
2 Loans on mortgage first liens on real estate
649526 35
289225 00COMPTROLLERGENERALS REPORT
383
4 Loans made in cash to policyholders on this companys
policies assigned as collateral 1542413 96
5 Premium notes loans or liens on policies in force of
which 107464 was received during the year 23712 65
6 Cost value of bonds and stocks owned excluding accrued
interest at time of purchase 743083 00
7 Cash in companys office 90206 Atlanta Ga office
100000 1902 06
8 Cash deposited in banks 197955 23
10 Agents ledger balances 135115 57
13 Total net or ledger assets 3582 933 82
OTHEB ASSETS
14 Interest due 67750 and accrued 564658 on mortgages 6324 08
15 Interest accrued on bonds and stocks 5580 00
17 Interest accrued on premiums notes loans or liens 41126 15
18 Interest accrued on other assets 257 00
20 Market value of real estate over cost 63934 19
New Business Renewals
23 Gross premiums due and
unreported on policies in
force December 31 1905 2879 38 103164 45
24 Gross deferred premiums
on policies in force De
cember 31 1905 15156 33 103111 07
Totals 18035 71 206275 52
25 Deducting loading 20 per
cent on new and 20
per cent on renewals 3607 14 41255 10
26 Net amount of uncollected
and deferred premiums 14428 57 165020 42 179448 99
28 Total assets as per the books of the company 3879604 23
ITEMS SOT ADMITTED
3 Premium notes and loans on policies and
net premiums in item 26 in excess of the
net value of their policies 82482 20
5 Agents balances 135115 57
7 Book value of ledger assets over market
value bonds 24168 00
Total 241765 77
9 Total assets less items not admitted 3637838 46384
comptrollergenerals report
VLIABILITIES
1 Net value of all the outstanding policies
in force on the 31st day of December
1905 computed according to the actua
ries and American tables of mortality
with 4 31 and 3 per cent interest 2923723 00
Annuities 2267 00
Net reinsurance reserve 2925990 00
3 Claims for death losses reported and no
proofs received 27209 74
5 Claims for death losses in process of ad
justment 8000 00
G Claims for death losses and other policy
claims resisted by the company 5000 00
8 Present value of unpaid amounts on ma
tured installment policies 54096 00
Total policy claims 94305 74
13 Amount due on account of salaries rents and office ex
penses 22846 81
16 Amount of any other liability of the company viz Pre
miums paid in advance 977700 building account
6393419 73711 19
18 Gross surplus on policyholders account 520984 72
19 Total liabilities 3637838 46
Business in Georgia during 1905
No Amount
Number and amount of policies on the lives of citi
zens of Georgia in force December 31 of previous
year 1552 2725306 50
Number and amount of policies on the lives of citi
zens of Georgia issued during the year 221 327009 38
Total 1773 3052315 88
Deduct number and amount which have ceased to
be in force during the year 258 366835 24
Total number and amount of policies in force
in Georgia December 31 1905 1515 2685480 64
Amount of losses and claims on policies in Georgia
unpaid December 31 of previous year 2 8449 00
Amount of losses and claims on policies in Georgia
incurred during the year 13 20150 81
Total 15 28599 81
Amount of losses and claims on policies in Georgia
paid during the year 14 2329981
Amount of premiums collected or secured in Georgia during
the year in cash and notes or credits without any deduc
tion for losses dividends commissions or other expenses 65997 83COMPTROLLERGENERALS REPORT
385
SOUTHERN LIFE INSURANCE COMPANY OP NORTH CAROLINA
E H Williamson President John A Oates Secretary
Home Office Fayetteville N C
ICAPITAL STOCK
1 Amount of capital paid up in cash
Extended at
101250 00
101250 00
IIINCOME
As shown by the books at home office at close of business December 31 1905
1 First years premiums without deduction for commis
sions or other expenses 9 703 01
18 Interest on mortgage loans 1 524 38
22 Interest on debts due the company 584 46
28 Total income 11811 85
IIIDISBURSEMENTS
As shown by the books at home office at close of business December 31 1905
15 Commissions and bonuses to agents less commission on
reinsurance first years premiums 1286 52
17 Salaries and allowances for agencies including man
agers agents and clerks 1447 33
18 Agency supervision traveling and all other expenses 925 12
19 Medical examiners fees 1354 00
20 Salaries and all other compensation of officers and home
office employees 871 61
21 Rent companys own occupancy 27 10
22 Advertising 16943 printing and stationery 7975
postage 10923 358 41
23 Legal expenses 164 35
24 Furniture fixtures and safes 170 50
25 Insurance taxes licenses and department fees 266 00
29 All other disbursements viz Office expense 272 26
30 Total disbursements 7143 20
IVLEDGER ASSETS
As shown by the books at home office at close of business December 31 1905
2 Mortgage loans on real estate first liens 37750 12
5 Premium notes on policies in force first years premiums 3738 84
7 Deposited in trust companies and banks on interest 16400 00
8 Deposited in banks not on interest 47159 04
25 inft
386
COMPTROLLERGENERALS REPORT
9 Agents balances 870 65
Furniture fixtures and safes 28050 supplies station
ery and printed matter 119500 1475 50
10 Total ledger assets 107394 15
NOKLEDGEB ASSETS
11 Interest accrued on mortgages 26 08
14 Interest accrued on premium notes policy
loans or liens 2 45
17 Total interest and rents accrued
22 Gross deferred premiums on policies in
force December 31 1905
24 Deduct loading
New Business
231 93
163 43
25 Net amount of uncollected and deferred premiums
DEDUCT ASSETS XOT ADMITTED
29 Supplies stationery printed matter 1
19500 furniture fixtures and safes
28050
30 Agents debit balances
1475 50
870 65
35 Total
28 53
68 50
27 Gross assets 107491 18
2346 15
36 Total admitted assets 105145 03
VLIABILITIES
As shown by the books at home office at close of business December 31 1905
1 Net present value of all the outstanding policies in force
on the 31st day of December 1905 as computed by the
company on the American experience table of mortal
ity with 4 per cent interest 2975 52
15 Salaries rents office expenses taxes bills accounts bo
nuses commissions medical and legal fees due or ac
crued 520 00
23 Capital stock 101250 00
24 Unassigned funds surplus 399 51
25 Total liabilities 105145 03COMPTROLLERGENERALS REPORT
387
STATE MUTUAL LIFE INSURANCE COMPANY OP GEORGIA
C R Porter President A C Wadsworth Secretary
Principal Office Rome Ga
Dean Dean Rome Attorneys for Service in Georgia
ICAPITAL STOCK
Amount of net or ledger assets December
31 of previous year 264856 39
Extended at
264856 39
IIINCOME DURING YEAK 1905
1 Cash received for premiums on new policies without de
ductions for commissions or other expenses 78932 80
li Cash received for renewal premiums without deductions
for commisions or other expenses 94299 26
7 Total premium income 173232 06
8 Cash received for interest on mortgage loans 771 92
9 Cash received for interest on bonds owned and dividends
on stock 4142 30
10 Cash received for interest on premium notes loans or
liens 2235 66
11 Cash received for interest on other debts due the com
pany 2829 39
12 Cash received as discount on claims paid in advance 2609 42
13 Cash received for rents for use of companys property in
cluding 149932 for companys own occupancy 1037 16
18 Money borrowed 10000 00
19 From all other sources viz Advanced reserve 65315 00
Total income
262172 91
IIIDISBURSEMENTS FOR THE YEAR 1905
1 Cash paid for death claims including reversionary addi
tions 21486 00
9 Premium notes loans or liens used in purchase of sur
rendered policies 4800 90
11 Cash dividends applied to pay running premiums see
item 3 income 5046 19
Total paid policyholders 31333 09
17 Cash paid for commissions and bonuses to agents less
commission on reinsurance new policies 5322718
renewals 1103559 64262 77
18 Cash paid for salaries and allowances to managers and
agents including traveling expenses 19145 17
19 Cash paid for medical examiners fees 4249 50COMPTROLLERGENERALS REPORT
20 Cash paid for salaries and all other compensation of of
ficers and other home office employees
21 Cash paid for taxes on new premiums and reserves
23 Cash paid for insurance department fees and agents li
censes 104775 municipal licenses 15562
24 Cash paid for rent including 149932 companys occu
pancy
27 Cash paid for advertising 204579 printing 473665
28 Cash paid for legal expenses
29 Cash paid for the following items viz Postage 68096
office exp 175525 exp acct 94446 fire insurance
26426 total
Total miscellaneous expenses 117329 20
30 Total disbursements
lVASSETS AS PEE LEDGES ACCOUNTS
1 Cost value of real estate exclusive of all incumbrances
2 Loans on mortgage first liens on real estate
4 Loans made in cash to policyholders on this companys
policies assigned as collateral
5 Premium notes loans or liens on policies in force
6 Cost value of bonds and stocks owned excluding accrued
interest at time of purchase
7 Cash in companys office
8 Cash deposited in banks
9 Bills receivable
10 Agents ledger balances 52690 93 furniture acct 3
370 07
13 Total net or ledger assets3
11887 87
1175 85
1203 37
2568 46
6782 42
2408 76
3644 93
148662 29
24831 32
27095 00
47623 27
9531 62
123653 78
12962 23
26969 12
49639 67
56061 00
378367 01
OTIIKB ASSETS
14 Interest accrued on mortgages
15 Interest accrued on bonds and stocks
17 Interest due 16634 and accrued 3693
on premiums notes loans or liens
IS Interest due 8186 and accrued 19632
on other assets
Total carried out
20 Market value of real estate over cost
21 Market value of bonds and stocks over cost
24 Gross deferred premiums
on policies in force De
cember 31 1905
25 Deducting loading
20 Xet amount of uncollected
and deferred premiums
1005 70
100 00
203 27
278 18
Renewals
16515 25
1303 05
15212 20
28 Total assets as per the books of the company
1587 15
2500 00
4416 22
15212 20
402082 58COMPTROLLERGENERALS REPORT
389
ITEMS JTOT ADMITTED
2 Furniture fixtures and safes 3370 07
5 Agents balances 52690 93
6 Loans on personal security indorsed or
or not and bills receivable 49639 67
Total
9 Total assets less items not admitted
105700 67
296381 91
VLIABILITIES
1 Net present value of all the outstanding policies in force
on the 31st day of December 1905 computed according
to the American table of mortality with 3 and 3J per
cent interest
5 Claims for death losses and matured endowments in pro
cess of adjustment or adjusted and not due
12 Amount of national State or other taxes due
13 Amount due on account of salaries rents and office ex
penses
14 Amount due by the company for borrowed money
16 Amount of any other liability of the company viz Pre
miums paid in advance
161427 00
1000 00
795 82
2643 25
10000 00
795 49
17 Liabilities on policyholders account
18 Gross surplus on policyholders account
19 Total liabilities
176661 56
119720 35
296381 91
Business in Georgia during 1905
Number and amount of policies on the lives of citi
zens of Georgia in force December 31 of previous
year
No
533
Number and amount of policies on the lives of citi
zens of Georgia issued during the year 405
Total
Deduct number and amount which have ceased to
be in force during the year 222
Total number and amount of policies in force
in Georgia December 31 716
Amount of premiums collected or secured in Georgia during
the year in cash and notes or credits without any deduc
tion for losses dividends commissions or other expensesl
Amount
1214500 00
815500 00
2030000 00
461000 00
1569000 00
84359 73390
COMPTROLLERGENERALS REPORT
STATE MUTUAL LIFE ASSURANCE COMPANY WORCESTER MASS
A G Bullock President H M Witter Secretary
Principal Office 340 Main Street Worcester Mass
Wm A Wkicht Atlanta Attorney for Service in Georgia
Icapital stock
Amount of net or ledger assets December
31 of previous year 23727482 24
Extended at 23727482 24
IIINCOME DUBIKG YEAR 1905
I Cash received for premiums on new poli
cies without deductions for commis
sions or other expenses 566187 03
II Cash received for renewal premiums
without deductions for commissions or
other expenses 3263944 98
3 From dividends applied to pay running
premiums see item 11 disbursements 371410 06
3J From dividends applied to purchase
paidup additions and annuities see
item 12 disbursements 119757 59
5 Consideration for annuities other than
matured installment policies 33415 88
Total 4354715 54
Deduct amount of premiums paid to other
companies for reinsurance on policies in
this company new business 1282960
renewals 5751899 70348 59
10
11
7 Total premium income 4284366 95
8 Cash received for interest on mortgage loans 160487 32
9 Cash received for interest on bonds owned and dividends
on stock 699513 33
Cash received for interest on premium notes policy loans
or liens 1146S2 17
Cash received for interest on other debts due the com
pany 56416 92
12 Cash received as discount on claims paid in advance 1067 96
13 Cash received for rents for use of companys property in
cluding 2000000 for companys own occupancy 124676 98
14 Cash received for profits on sales of bonds or stocks 34
50220 real estate 666139 all other 1411346 55277 05
16 From dividends and surrender values on reinsurances 1711 47
19 From all other sources viz Supplementary contracts not
involving life contingencies 24244 58
Total income 5522444 73COMPTROLLERGENERALS REPORT
391
IIIDISBURSEMENTS FOR THE YEAR 1905
1 Cash paid for death claims including re
versionary additions 1298744 00
2 Premium notes loans or liens used in
payment of the same 31 80
3 Cash paid for matured endowments and
additions thereto 428136 00
4 Premium notes loans or liens used in
the payment of same 2479 76
5 Cash paid for sums falling due during the
year on installment policies 2473 23
Total 1731864 79
Deduct amount received from other com
panies for losses or claims on policies of
this company reinsured 45000 00
9
10
11
12
13
17
18
19
20
21
22
23
24
25
26
27
Total net amount actually paid for losses and matured en
dowments
Cash paid to annuitants
Premium notes loans or liens voided by lapse
Cash dividends paid policyholders
Cash dividends applied to pay running premiums see
item 3 income r
Cash dividends applied to purchase paidup additions and
annuities see item 3J income
Surrender values paid in cash
Total paid policyholders 2728373 53
Cash paid for commissions to agents less commission on
reinsurance new policies 26806012 renewals 216
37055
Cash paid for salaries and allowances to managers and
agents
Cash paid for medical examiners fees 3724250 inspec
tion of risks 1211065
Cash paid for salaries and all other compensation of of
ficers and other home office employees
Cash paid for taxes on new premiums 594723 on re
newals 3249641
Cash paid for taxes on reserves 2499897 on invest
ments 2156835
Cash paid for insurance department fees and agents li
censes 579388 municipal licenses 141633t
Cash paid for rent including 2000000 companys occu
pancy
Cash paid for commuting commissions
Cash paid for furniture fixtures and safes for home and
agency offices
Cash paid for advertising 791147 printing 1713926
1686864 79
1199 48
1650 00
22647 18
371410 06
119757 59
524844 43
4S4430 67
73201 47
49353 15
77061 33
38443 64
46567 32
7210 21
51111 02
24679 29
4055 67
25050 73392
COMPTROLLERGENERALS REPORT
28 Cash paid for real estate expenses other than taxes 31
36362 for legal expenses 277543 34139 05
29 Cash paid for the following items viz Agency supervis
ion and traveling expenses 1460347 premium on
stocks and bonds 2879488 postage 782497 profit
and loss 1197573 sundries 1257799 total 75776 64
Total miscellaneous expenses 991080 19
30 Total disbursements 3719 45
53 72
IVASSETS AS PEE LEDGER ACCOUNTS
1 Cost value of real estate exclusive of all incumbrances 1703426 00
2 Loans on mortgage first liens on real estate 3663602 00
3 Loans secured by pledge of bonds stocks or other mar
ketable collateral 723325 00
4 Loans made in cash to policyholders on this companys
policies assigned as collateral 1894949 00
6 Cost value of bonds and stocks owned excluding accrued
interest at time of purchase 16796066 00
7 Cash in companys office 2647 76
8 Cash deposited in banks 492480 49
10 Loans to corporations 253977 00
13 Total net or ledger assets 25530473 25
OTHEB ASSETS
14 Interest due 284525 and accrued 43
39975 on mortgages
15 Interest accrued on bonds and stocks
16 Interest due 14000 and accrued 6729
09 on collateral loans
17 Interest due 331763 and accrued 25
59914 on premiums notes loans or
liens
18 Interest accrued on other assets
19 Rents due 52628 and accrued 7641
74 on companys property or lease
46245 00
197542 59
6869 09
28916 77
1674 97
8168 02
Total carried out
21 Market value of bonds and stocks over cost
New Business
23 Gross premiums due and
unreported on policies in
force December 31 1905 43313 53
24 Gross deferred premiums
on policies in force De
cember 31 1905 55956 75
Totals
Renewals
244543 81
337384 49
99270 28 5S1928 30
289416 44
96229S 00
COMPTROLLERGENERALS REPORT
H93
25 Deducting loading 23J per
cent on new and 23i
per cent on renewals 23328 52 136753 15
26 Net amount of uncollected
and deferred premiums 75941 76 445175 15 521116 91
28 Total assets as per the books of the company 27303304 60
VLIABILITIES
1 Net present value of all the outstanding
policies in force on the 31st day of De
cember 1905 computed according to the
actuaries table of mortality with 4 per
cent interest and American table of
mortality with di per cent interest 24312603 00
Deduct net value of risks of this com
pany reinsured in other solvent com
panies 166746 00
Net reinsurance reserve 24145857 00
4 Claims for matured endowments due and
unpaid 1000 00
5 Claims for death losses and matured en
dowments in process of adjustment or
adjusted and not due 157360 00
6 Claims for death losses and other policy
claims resisted by the company 5500 00
8 Present value of unpaid amounts on ma
tured installment policies face 126
04300 71883 00
Total policy claims 235743 00
10 Amount of all unpaid dividends of surplus or other de
scription of profits due policyholders viz Dividends
of 19020304 and 1905 left with company with accumu
lations 95078 00
1G Amount of any other liability of the company viz Pre
miums paid in advance 5653000 dividends appor
tioned and not yet due 12042000 extra reserve on
annuities 591200 182844 00
17 Liabilities on policyholders account 24659522 00
18 Gross surplus on policyholders account 2643782 39
19 Total liabilities 27303304 39
21 Estimated surplus accrued on all other
policies 2643782 39394 COMPTROLLERGENERALS REPORT
Business in Georgia during 1905
No Amount
Number and amount of policies on the lives of citi
zens of Georgia in force December 31 of previous
year 350 633652 00
Number and amount of policies on the lives of citi
zens of Georgia issued during the year 169 300020 00
Total 519 933672 00
Deduct number and amount which have ceased to
be in force during the year 82 128882 00
Total number and amount of policies in force in
Georgia December 31 1905 437 804790 00
Amount of losses and claims on policies in Georgia
incurred during the year 6 5230 30
Amount of losses and claims on policies in Georgia
paid during the year 6 5230 30
Amount of premiums collected in Georgia during the year in
cash without any deduction for losses dividends commis
sions or other expenses 28176 66
STATE LIFE INSURANCE COMPANY INDIANAPOLIS IND
Andrew M Sweeney President Wilbur S Wvxx Secretary
Principal Office State Life Building Indianapolis Ind
Hon Wii A Wright Atlanta Attorney for Service in Georgia
ICAPITA STOCK
Amount of net or ledger assets December
31 of previous year 2877019 74
Extended at 2S77019 74
IIINCOME DURING YEAR 1905
1 Cash received for premiums on new poli
cies without deductions for commis
sions or other expenses 962585 24
1J Cash received for renewal premiums
without deductions for commissions or
other expenses 1471403 68
3 From dividends applied to pay running
premiums see item 11 disbursements 64137 29
3i From dividends applied to purchase
paidup additions annuities and ex
changes see item 12 disbursements 8612 25COMPTROLLERGENERALS REPORT
395
4 From surrender values applied to pay
first year premiums see item 14 dis
bursements 2923 89
4J From surrender values applied to pur
chase paidup insurance and annuities
see item 15 disbursements 18023 64
5 Consideration for annuities other than
matured installment policies 130 00
Total
6 Deduct amount of premiums paid to other
companies for reinsurance on policies
in this company new business 4295
72 renewals 216317 6458
2527815 99
7 Total premium income 2521357 10
8 Cash received for interest on mortgage loans 58461 10
9 Cash received for interest on bonds owned and dividends
on stock 1620 33
10 Cash received for interest on premium notes loans or
liens 4857107
11 Cash received for interest on other debts due the com
pany 194736
13 Cash received for rents for use of companys property in
cluding 1134600 for companys own occupancy 95568 49
19 From all other sources viz Consideration for supple
mentary contracts 13125 partial payments on voided
notes 225276 interest reserve 160 total 2385 61
Total income 2729911 06
IIIDISBURSEMENTS FOB THE YEAB 1905
1 Cash paid for death claims including re
versionary additions
6 Deduct amount received from other com
panies for losses or claims on policies of
this company reinsured
393844 42
10000 00
7 Total net amount actually paid for losses and matured en
dowments
9 Premium notes loans or liens voided by lapse
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 an
nuities and exchanges see item 3i income
13 Surrender values paid in cash
14 Surrender values applied to pay running premiums see
item 4 income
383844 42
37072 75
3581 89
64137 29
8612 25
118398 12
2923 89396
COMPTROLLERGENERALS REPORT
15 Surrender values applied to purchase paidup insurance
and annuities see item 41 income 18023 64
17 Cash paid for commissions and bonuses to agents less
commission on reinsurance new policies 55990310
renewals 13626454 696167 64
18 Cash paid for salaries and allowances to managers and
agents 36501 08
19 Cash paid for medical examiners fees 3500540 inspec
tion of risks 1008319 45088 59
20 Cash paid for salaries and all other compensation of of
ficers and other home office employees 133346 37
21 Cash paid for taxes on new premiums and renewals 31738 15
22 Cash paid on investments 2279 96
23 Cash paid for insurance department fees and agents li
censes 755611 municipal licenses 284131 10397 42
24 Cash paid for rent including 1134600 companys occu
pancy 22030 54
26 Cash paid for furniture fixtures and safes for home and
agency offices 6579 40
27 Cash paid for advertising 677621 printing 1947202
postage 793819 34186 42
28 Cash paid for real estate expenses other than taxes 39
11593 for legal expenses 2151280 60628 73
29 Cash paid for the following items viz Traveling ex
penses 2810353 loss on sale of securities 7565 in
vestment expense 3025 miscellaneous expense 6
82816 taxes on real estate 1171118 46748 77
30 Total disbursements 1762287 32
IVASSETS AS PER LEDGER ACCOLXTS
1 Cost value of real estate exclusive of all incumbrances 994585 3S
2 Loans on mortgage first liens on real estate 1488078 00
3 Loans secured by pledge of bonds stocks or other mar
ketable collaterals 5000 00
4 Loans made in cash to policyholders on this companys
policies assigned as collateral 857808 26
5 Premium notes loans or liens on policies in force 52081 33
6 Cost value of bonds and stocks owned excluding accrued
interest at time of purchase 121607 50
7 Cash in companys office 6889 11
8 Cash deposited in banks 225253 04
10 Agents ledger balances 93340 86
13 Total net or ledger assets 3844643 48
OTHER ASSETS
14 Interest due 14400 and accrued 21
32728 on mortgages 21471 28
15 Interest accrued on bonds and stocks 940 50COMPTROLLERGENERALS REPORT
397
16 Interest accrued on collateral loans 229 52
18 Interest accrued on Union Bank of Cana
da 51 85
19 Rents due 7200 and accrued 24425
on companys property or lease 316 25
Total carried out
20 Market value of real estate over cost
23 Gross premiums due and
unreported on policies in
force December 31 1905 248491 28 118251 92
24 Gross deferred premiums
on policies in force De
cember 31 1905 7559 01 56349 29
Totals 256050 29 17460121
25 Deducting loading actual 143388 16 34634 48
26 Net amount of uncollected
and deferred premiums 112662 13 139966 73
23009 40
107432 64
252628 86
28 Total assets as per the books of the company 4227714 38
ITEMS NOT ADMITTED
5 Agents balances
7 Premium notes or loans on policies and
net premiums in excess of the net value
of their policies
8 Book value of ledger assets over market
value viz U S bonds
93340 86
6913 22
778 00
Total
101032 08
9 Total assets less items not admitted
4126682 30
VLIABILITIES
1 Net present value of all the outstanding
policies in force on the 31st day of De
cember 1905 computed according to the
actuaries table of mortality with 4 per
cent interest
Deduct net value of risks of this com
pany reinsured in other solvent com
panies
3438314 00
3146 00
Net reinsurance reserve
5 Claims for death losses and matured en
dowments in process of adjustment or
adjusted and not due
3435108 00
37500 00398
COMPTROLLERGENERALS REPORT
G Claims for death losses and other policy
claims resisted by the company
15500 00
Total policy claims 53000 00
10 Amount of all unpaid dividends of surplus or other de
scription of profits due policyholders 2582 71
13 Amount due on account of salaries rents and office ex
penses 8055 24
16 Amount of any other liability of the company viz Pre
miums andunearned interest paid in advance 22559 66
17 Liabilities on policyholders account
18 Gross surplus on policyholders account
3521365 61
605316 69
19 Total liabilities 4126682 30
Business in Georgia during 1005
Number and amount of policies on the lives of citi
zens of Georgia in force December 31 of previous
year 1188 2453108 00
Number and amount of policies on the lives of citi
zens of Georgia issued during the year 739 2777657 00
Total 1927 5230765 00
Deduct number and amount which have ceased to
be in force during the year 387 1024512 00
Total number and amount of policies in force in
Georgia December 31 1905 1540
Amount of losses and claims on policies in Georgia
unpaid December 31 of previous year 3
Amount of losses and claims on policies in Georgia
incurred during the year 9
4206253 00
13000 00
32000 00
Total 12
Amount of losses and claims on policies in Georgia
paid during the year n
Amount of premiums collected or secured in Georgia during
the year in cash 14088305 and notes or credits 5736
76 without any deduction for losses dividends commis
sions or other expenses
45000 00
40000 00
146619 81COMPTROLLERGENERALS REPORT
399
THE SOUTHERN STATES LIFE INSURANCE CO OP ALABAMA
Wilmeb L Mooee President Frank Obme Secretary
Principal Office Montgomery Ala
ICAPITAL STOCK
1 Amount of capital stock
paid up in cash 100000 00
Amount of net or ledger assets May 1
1906V 150000 00
Extended at 150000 00
IVASSETS AS PEB LEDGER ACCOUNTS
6 Cost value of bonds and stocks owned excluding accrued
interest at time of purchase 109280 00
8 Cash deposited in banks 40720 00
13 Total net or ledger assets 150000 00
THE SUN LIFE ASSURANCE COMPANY OF CANADA
R Macaulay President T B Macaulay Secretary
Principal Office 17G6 Notre Dame St Montreal Canada
J 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 sub
scribed but unpaid 595000 00
Amount of net or ledger assets December
31 of previous year 16759015 04
Extended at 16759015 04
LTINCOME DURING YEAR 1905
1 Cash received for premiums on new poli
cies without deductions for commis
sions or other expenses 5
New premiums thrift department
1J Cash received for renewal premiums
without deductions for commissions or
other expenses
Renewal premiums thrift department
786409 67
18729 24
2991240 69
75931 10
400
COMPTROLLERGENERALS REPORT
3 From dividends applied to pay running
premiums see item 11 disbursements 31833 13
3i From dividends applied to purchase paid
up additions and annuities see item 12
disbursements 50840 78
4 From surrender values applied to pay
running premiums see item 14 dis
bursements 2600 50
5 Consideration for annuities other than
matured installment policies 344676 52
Total 430226163
6 Deduct amount of premiums paid to other
companies for reinsurance on policies in
this company new business 86018
renewals 37935 1239 53
7 Total premium income 4301022 10
8 Cash received for interest on mortgage loans bonds
owned dividends on stock premium notes loans or
liens other debts due the company and claims paid in
advance 958261 58
13 Cash received for rents for use of companys property in
cluding 250000 for companys own occupancy 20162 71
14 Cash received for net profits on sales of bonds or stocks
and real estate 437930 02
19 From all other sources viz Premiums on combined ac
cident policies 115 g2
Total income 5717492 23
IIIDISBURSEMENTS FOR THE YEAR 1905
1 Cash paid for death claims including reversionary addi
ditions
3 Cash paid for matured endowments and additions there
to
5 Cash paid for sums falling due during the year on in
stallment policies
8 Cash paid to annuitants
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 3J income
13 Surrender values paid in cash
14 Surrender values applied to pay running premiums see
item 4 income
Total paid policyholders 1648277 03
16 Cash paid stockholders for interest on dividends
851508 14
287393 38
2198 74
105174 11
83904 39
31833 13
50840 78
232823 86
2600 50
15750 00COMPTROLLERGENERALS REPORT
401
18
19
17 Cash paid for commissions and bonuses to agents less
commission on reinsurance new policies 50842144
renewals 18170565 690 127 09
Cash paid for salaries and allowances to managers and
aSents 190751 16
Cash paid for medical examiners fees 5655905 in
spection of risks 200000 58559 05
20 Cash paid for salaries and all other compensation of offi
cers and other home office employees 94442 95
21 Cash paid for agency supervision traveling and all other
agency expenses 32 003 74
Cash paid for directors and auditors fees 14121 32
Cash paid for insurance department fees agents licenses
and municipal licenses 38513 57
24 Cash paid for rent including 250000 companys oc
cupancy 28060 73
26 Cash paid for furniture fixtures and safes for home and
agency offices 5200 40
27 Cash paid for advertising 1238940 printing 26329
65 postage 920109 sundries 1411143 6203157
28 Cash paid for legal expenses 5423 33
29 Cash paid for the following items viz Thrift depart
ment expenses 3490892 accident department ex
penses 1447 claims 875 34932 14
Total miscellaneous expenses 1269917 05
22
23
30 Total disbursements 2918194 08
IVASSETS AS PER LEDGES ACCOUNTS
1 Cost value of real estate exclusive of all
incumbrances 1056597 83
2 Loans on mortgage first liens on real
estate 2272140 46
3 Loans secured by pledge of bonds stocks
or other marketable collaterals 1789759 38
4 Loans made in cash to policyholders on
this companys policies assigned as col
lateral 1398701 11
Loans made in cash to policyholders un
der nonforfeiture agreements 333059 07
5 Premium notes loans or liens on policies
in force 438 59
6 Cost value of bonds and stocks owned ex
cluding accrued interest at time of pur
chase 11524771 22
7 Cash in companys office 89542 44
8 Cash deposited in banks 990936 50
26 in402 COMPTROLLERGENERALS REPORT
Ground rents 38640 00
Cash deposited with Japanese government 74700 00
11 Total19569286 60
12 Deduct ledger liabilities 10973 41
13 Total net or ledger assets less depreciation 19558313 19
OTHER ASSETS
14 Interest due 1337789 and accrued 39
98958 on mortgages 53367 47
15 Interest due 5142605 and accrued 94
08695 on bonds and stocks 145513 00
16 Interest accrued on collateral loans 279 50
17 Interest due 40185 and accrued 3249
92 on premiums notes loans or liens 3651 77
19 Rents due 385891 and accrued 6356
67 on companys property or lease 10215 58
Total carried out 213027 32
21 Market value of bonds and stocks over cost 1054802 92
New Business Renewals
23 Gross premiums due and
unreported on policies in
force December 31 1905 144421 79 274491 26
24 Gross deferred premiums
on policies in force De
cember 31 1905 45693 72 161374 86
Totals 190115 51 435866 12
25 Deducting loading 35 per
cent on new and 20
per cent on renewals 66540 43 87173 22
26 Net amount of uncollected
and deferred premiums 123575 OS 348692 90 472267 98
28 Total assets as per the books of the company 21298411 41
VLIABILITIES
1 Net present value of all the outstanding
policies in force on the 31st day of De
cember 1905 computed according to the
American table of mortality with 31 per
cent interest 19046564 62
Deduct net value of risks of this company
reinsured in other solvent companies 3637 99
Net reinsurance reserve 19042926 63COMPTROLLERGENERALS REPORT 403
5 Claims for death losses and matured en
dowments in process of adjustment or
adjusted and not due 243246 62
7 Amounts due and unpaid on annuity
claims 7499 04
8 Present value of unpaid amounts on ma
tured installment policies 68322 61
Total policy claims 319068 27
10 Amount of all unpaid dividends of surplus or other de
scription of profits due policyholders 30501 14
11 Amount of unpaid dividends to stockholders due Janu
ary 1 1906 7875 00
1G Amount of any other liability of the company viz Pre
miums paid in advance 5727229 unearned premi
ums accident department 6949 57341 78
17 Liabilities on policyholders account 19457712 82
18 Gross surplus on policyholders account 1840698 59
19 Total liabilities 21298411 41
20 Estimated surplus accrued on tontine or
other policies the profits upon which are
especially reserved for that class of poli
cies 1133411 18
21 Estimated surplus accrued on all other
policies 260354 80
Unallotted surplus 341932 61
Total 1735698 59
Business in Georgia during 1905
T No Amourt
Number and amount of policies on the lives of citi
zens of Georgia in force December 31 of previous
year 744 1423268 00
Number and amount of policies on the lives of citi
zens of Georgia issued during the year 464 758666 48
Total 1208 2181934 48
Deduct number and amount which have ceased to be
in force during the year 322 633021 00
Total number and amount of policies in force in
Georgia December 31 1905 886 1548913 48
Amount of losses and claims on policies in Georgia
incurred during the year 5 17677 50
Amount of losses and claims on policies in Georgia
paid during the year 5 17677 50
Amount of premiums collected or secured in Georgia during
the year in cash and notes or credits without any deduc
tion for losses dividends commissions or other expenses 57504 70404
COMPTROLLERGENERALS REPORT
THE TRAVELERS INSURANCE COMPANY OF CONNECTICUT
S C Dunham President John E Mokeis Secretary
Home Office 56 Prospect Street Hartford Conn
ICAPITAL STOCK
Amount of ledger assets as per balance
December 31 of previous year 34080215 51
Extended at 34080215 51
IIINCOME
I First years premiums on original poli
cies without deduction for commissions
or other expenses less 1143475 for
first years reinsurance 841907 98
4 Dividends applied to purchase paidup
additions and annuities 9376 00
6 Consideration for original annuities in
volving life contingencies 33180 03
5 Total new premiums 884404 01
9 Renewal premiums in addition to items
10 11 and 12 without deduction for
commissions or other expenses less
12690961 for reinsurance on renewals 4506180 94
10 Dividends applied to pay renewal premi
ums 8994 53
II Surrender values applied to pay renewal
premiums 99 66
12 Renewal premiums for deferred annui
ties L214 34
13 Total renewal premiums 4516489 47
14 Total premium income 5400953 48
15 Consideration for supplementary contracts not involving
life contingencies 506278 28
18 Interest on mortgage loans 483273 SO
13 Interest on collateral loans 50263 30
20 Interest on bonds and dividends on stocks 939520 81
21 Interest on premium notes policy loans or
liens 139594 32
22 Interest on other debts due the company 46107 25
23 Discount on claims paid in advance 3850 26
24 Rent from companys property including
2500000 for companys own occupancy 83330 97
25 Total interest and rents 1745940 77
28 Total income 7653172 53
iCOMPTROLLERGENERALS REPORT
405
IIIDISBURSEMENTS
1 For death claims less 11950000 rein
surance 1984129 77
2 For matured endowments less 302307
reinsurance 658103 11
3
4
6
7
10
11
12
13
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
Net amount paid for losses and matured endowments
For annuities involving life contingencies
Surrender values paid in cash
Surrender values applied to pay renewal premiums see
income No 11
Dividends applied to pay renewal premiums see income
No 10
Dividends applied to purchase paidup additions and an
nuities see income No 4
Total paid policyholders 2891901 26
Paid for claims on supplementary contracts not involving
life contingencies
Commissions and bonuses to agents less commission on
reinsurance first years premiums 42005228 renew
al premiums 21938735 on annuities original 1
39716 renewal 4872
Commuting renewal commissions
Salaries and allowances for agencies including man
agers agents and clerks
Agency supervision traveling and all other agency ex
penses
Medical examiners fees 4935489 inspection of risks
391363
Salaries and all other compensation of officers and home
office employees
Rent including 1000000 for companys own occupancy
Advertising 1040234 printing and stationery 18338
03 postage 1653903
Legal expenses
Furniture fixtures and safes
Insurance taxes licenses and department fees
Taxes on real estate
Repairs and expenses other than taxes on real estate
Loss on sale or maturity of ledger assets
All other disbursements Miscellaneous items
2622232 88
23222 53
227975 66
99 66
8994 53
9376 00
130443 24
640885 51
10000 00
68342 79
34696 36
53268 52
143691 30
31128 82
45279 40
4909 42
426 10
68479 93
15758 30
111006 IS
174787 03
10261 99
30 Total disbursements 4435266 15
IVLEDGER ASSETS
Home office property
1 Book value of real estateunincumbered
2 Mortgage loans on real estate first liens
477876 89
419473 14
9909991 49406
COMPTROLLERGENERALS REPORT
3 Loans secured by pledge of bonds stocks or other collat
eral 868129 34
4 Loans made to policyholders on this companys policies
assigned as collateral 3192366 33
5 Premium notes on policies in force 15260 56
6 Book value of bonds excluding interest 2003035637
stocks 166854313 21698899 50
7 Deposited in trust companies and banks on interest 69S492 85
8 Cash in companys office 6130 82
9 Agents balances 11500 97
10 Ledger assets 37298121 89
NONLEDGEB ASSETS
11 Interest accrued on mortgages
12 Interest accrued on bonds and stocks
13 Interest accrued on collateral loans
19 Market value not including interest in item 12 of bonds
and stocks over book value
New Business Renewals
21 Gross premiums due and
unreported on policies in
force December 31 1905 9789 67 246539 78
22 Gross deferred premiums
on policies in force De
cember 31 1905 48778 58 459905 11
23 Totals 58568 25 706444 89
24 Deduct loading 8J per cent 4831 88 58281 70
25 Net amount of uncollected
and deferred premiums
137965 63
326166 91
15038 33
576823 43
53736 37 648163 19 701S99 56
27 Gross assets 39056015 75
DEDUCT ASSETS NOT ADMITTED
30 Agents debit balances
11500 97
36 Total admitted assets 39044514 78
VLIABILITIES
1 Net present value of all the outstanding
policies in force on the 31st day of De
cember 1905 as computed by the com
pany on the American experience table
of mortality with 3 and 31 per cent in
terest 34928819 00
Same for reversionary additions 11971 00COMPTROLLERGENERALS REPORT 407
Same for annuities including those in re
duction of premiums 215341 00
Totai 35156131 00
Deduct net value of risks of this company
reinsured in other solvent companies 805637 00
Net reserve 34350494 00
2 Present value of amounts not yet due on supplementary
contracts not involving life contingencies computed by
the company 2230352 28
5 Claims for death losses in process of ad
justment or adjusted and not due 32198 00
6 Claims for death losses which have been
reported and no proofs received 141783 41
7 Claims for matured endowments due and
unpaid 3229 00
8 Claims for death losses and other policy
claims resisted by the company 13000 00
10 Total policy claims 190210 41
12 Premiums paid in advance including surrender values
so applied 50388 U
14 Cost of collection on uncollected and deferred premi
ums in excess of the loading thereon 321 42
15 Salaries rents office expenses taxes bills accounts bo
nuses commissions medical and legal fees due or ac
crued 1500000
19 Dividends or other profits due policyholders including
those contingent on payment of outstanding and de
ferred premiums M
24 Unassigned funds surplus 2206969 24
25 Total liabilities39044514 78
Business in Georgia during 190
No Amount
Policies on the lives of citizens of said State in force
December 31 of previous year 1442 5096849 00
Policies on the lives of citizens of said State issued
98 269820 00
during the year
tal 1540 5366669 00
Deduct ceased to be in force during the year122 3G8170 00
Policies in force December 31J 4998499 00
Losses and claims unpaid December 31 of previous
year
408
COMPTROLLERGENERALS REPORT
Losses and claims incurred during the year 40
Losses and claims settled during the year in cash 41
Premiums collected or secured in cash and notes or credits
without any deduction for losses dividends commissions
or other expenses
61078 00
64078 00
1689S6 73
UNITED AMERICAN LIFE INSURANCE COMPANY OF DELAWARE
Thomas B Reeves Jk President John W Muir Secretary
Principal Office 300 and 302 Walnut Street Philadelphia Pa
William A Weight Atlanta Attorney for Service in Georgia
ICAPITAL STOCK
1 Amount of capital stock
paid up in cash 100000 00
Increase of capital during 1906 100000 00
Extended at J
100000 00
IIINCOME
1 Cash received for premiums on new poli
cies without deductions for commissions
or other expenses 1051 67
2 Premium notes loans or liens taken in
part payment for premiums on new poli
cies 65 28
7 Total premium income
9 Cash received for interest on bonds owned and dividends
on stock
13 Cash received for rents for use of companys property
18 Money borrowed
19 From all other sources viz Surplus paid in by stock
holders
Total income
IIIDISBURSEMENTS
17 Cash paid for commissions and bonuses to agents less
commission on reinsurance new policies
18 Cash paid for salaries and allowances to managers and
agents
19 Cash paid for medical examiners fees 1500 inspection
of risks 18750
20 Cash paid for salaries and all other compensation of offi
cers and other home office employees
1116 95
928 26
99 16
30000 00
30000 00
62144 37
523 33
1637 77
202 50
2264 97COMPTROLLERGENERALS REPORT
409
23 Cash paid for insurance department fees and agents li
censes
24 Cash paid for rent
26 Cash paid for furniture fixtures and safes for home and
agency offices
27 Cash paid for advertising 8850 printing 286070
postage 8600
28 Cash paid for legal expenses
29 Cash paid for the following items viz General expense
232868 interest accrued on bond purchases 99180
casualty business losses 4500 commissions 5020
traveling expenses 35367
30 Total disbursements
IVASSETS AS PEB LEDGES ACCOUNTS
1 Cost value of real estate inclusive of all incumbrances
5 Premium notes loans or liens on policies in force
6 Cost value of bonds and stocks owned excluding accrued
interest at time of purchase
7 Cash in companys office
8 Cash deposited in banks
10 Agents ledger balances
13 Total net or ledger assets
OTHER ASSETS
15 Interest due 43750 and accrued 87498 on bonds and
stocks
27 Premiums casualty in course of collection not over three
months due
28 Total assets as per the books of the company
ITEMS NOT ADMITTED
5 Agents balances
9 Total assets less items not admitted
VLIABILITIES
1 Net present value of all the outstanding policies in force
on the 31st day of July 1906 computed according to the
actuaries table of mortality with 4 per cent interest
16 Amount of any other liability of the company viz
Commissions due to agents on note when paid 3264
borrowed money 3000000 commissions casualty
42205 reinsurance reserve casualty 229950
17 Liabilities on policyholders account
18 Gross surplus on policyholders account
19 Total liabilities
217 00
320 81
1618 09
3035 20
102 75
3872 10
13691 77
43000 00
65 28
103587 50
21 07
1398 84
379 91
148452 60
1312 48
2299 50
152064 58
379 91
151684 67
870 00
32754 19
33624 19
118060 48
151684 67410
COMPTROLLERGENERALS REPORT
UNION MUTUAL LIFE INSURANCE COMPANY PORTLAND MAINE
Feed E Richards President J Frank Lang Secretary
Home Office 396 Congress Street Portland Maine
1CAPITAL STOCK
Amount of ledger assets as per balance
December 31 of previous year 10385330 80
Extended at 10385330 SO
IIINCOME
1 First years premiums on original policies
without deduction for commissions or
other expenses 360799 22
4 Dividends applied to purchase paidup ad
ditions and annuities 43S93 63
5 Surrender values applied to purchase paid
up insurance and annuities 16857 82
6 Consideration for original annuities in
volving life contingencies 865 50
8 Total new premiums 422416 17
9 Renewal premiums in addition to items
10 and 11 without deduction for com
missions or other expenses less 96964
for reinsurance on renewals 1843103 64
10 Dividends applied to pay renewal premi
ums 44132 47
11 Surrender values applied to pay renewal
premiums 6438 80
13 Total renewal premiums 1S93674 91
14 Total premium income 2316091 08
15 Consideration for supplementary contracts not involving
life contingencies 3256 00
17 Premium notes loans or liens restored by revival of poli
cies 1170 27
18 Interest on mortgage loans 55389 33
19 Interest on collateral loans 52004 01
20 Interest on bonds and dividends on stocks 277079 31
21 Interest on premium notes policy loans
or liens 3653 60
22 Interest on other debts due the company 5493 46
24 Rent from companys property including
1051834 for companys own occupancy 64945 70COMPTROLLERGENERALS REPORT
411
25 Total interest and rents 458565 41
26 Profit on sale or maturity of ledger assets 28161 46
27 From other sources Profit and loss on stocks and bonds 24971 22
28 Total income 2832209 44
IIIDISBURSEMENTS
1 For death claims 66266447 additions
1113810 67380257
2 For matured endowments 8441341 ad
ditions 793999 92353 40
9
10
11
12
13
15
16
17
18
19
20
21
22
23
24
25
26
Net amount paid for losses and matured endowments
For annuities involving life contingencies
Premium notes voided by lapse shorttime notes 19
24069
Surrender values paid in cash
Surrender values applied to pay renewal premiums see
income No 11
Surrender values applied to purchase paidup insurance
and annuities see income No 5
Collateral loan on policy notes voided by lapse
Dividends paid to policyholders in cash
Dividends applied to pay renewal premiums see income
No 10
Dividends applied to purchase paidup additions and an
nuities see income No 4
Total paid policyholders 1121005 68
Paid for claims on supplementary contracts not involving
life contingencies
Commissions and bonuses to agents less commission on
reinsurance first years premiums 23451776 re
newal premiums 12266430 on annuities original
4327
Commuting renewal commissions
Salaries and allowances for agencies including man
agers agents and clerks
Agency supervision traveling and all other agency ex
penses
Medical examiners fees
Salaries and all other compensation of officers and home
office employees
Rent including 1051834 for companys own occupancy
Advertising 830762 printing and stationery 17166
92 postage 675479
Legal expenses
Furniture fixtures and safes
Insurance taxes licenses and department fees
Taxes on real estate
766155 97
2239 51
19301 69
154284 53
6438 80
16857 82
21845 46
45855 80
44132 47
43893 63
3443 31
357225 33
1694 67
81687 93
15582 80
37269 88
93849 67
31092 61
32229 33
6227 54
1819 37
43693 22
11688 24
412
COMPTROLLERGENERALS REPORT
27 Repairs and expenses other than taxes on real estate 17190 20
28 Loss on sale or maturity of ledger assets 8000 00
29 All other disbursements Miscellaneous expenses 18
60677 traveling expenses officers and clerks 1372
67 profit and loss on real estate 2176700 on mort
gages 50000 on miscellaneous 546325 47709 69
30 Total disbursements 1911409 47
IVLEDGER ASSETS
1 Book value of real estate unincumbered 1214341 94
2 Mortgage loans on real estate first liens 1109405 62
3 Loans secured by pledge of bonds stocks or other collat
eral 883753 26
4 Loans made to policyholders on this companys policies
assigned as collateral 298806 11
5 Premium notes on policies in force including 6740411
shorttime notes taken in settlement of premiums 140379 11
6 Book value of bonds excluding interest 474604331
stocks 277603201 7522075 32
7 Depositedin trust companies and banks on interest 19863 37
8 Cash in companys office 34510 deposited in banks
not on interest 4952083 49865 93
9 Agents balances net 5999 36
Cash in transit December 31 1905 since received 1640 75
10 Total ledger assets 11306130 77
NONLEDGER ASSETS
11 Interest due 22500 and accrued 2189286 on mort
gages 22117 86
12 Interest accrued on bonds and stocks 63532 45
13 Interest accrued on collateral loans 3516 18
14 Interest due 287090 and accrued 183244 on pre
mium notes policy loans or liens 4703 34
15 Interest due 117972 and accrued 621667 on other
assets 7396 39
16 Rents accrued on companys property or lease 1913 93
19 Market value not including interest in item 12 of
bonds and stocks over book value 408109 57
New Business Renewals
21 Gross premiums due and
unreported on policies in
force December 31 1905 45475 17 145077 96
22 Gross deferred premiums
on policies in force De
cember 31 1905 26037 15 129330 36COMPTROLLERGENERALS REPORT
413
24
25
27
Totais 71512 32 274408 32
Deduct loading 20 per cent 14302 46 54881 66
Net amount of uncollected
and deferred premiums 57209 86 219526 66 276736 52
All other assets Forborne premiums to be deducted in
settlement of policy claims included in liabilities 435 00
Gross assets 12094592 01
DEDUCT ASSETS ROT ADMITTED
Agents debit balances net 5999 36
Total admitted assets 12088592 65
VLIABILITIES
1 Net present value of all the outstanding
policies in force on the 31st day of De
cember 1905 as computed by the com
pany on the actuaries table of mortal
ity with 4 per cent interest prior to
January 1 1901 905641700 subse
quent to January 1 1901 on the Ameri
can table of mortality with 3 per cent
interest 191356400 10969981 00
Same for reversionary additions 243742 00
Same for annuities including those in re
duction of premiums 15846 00
Total11229569 00
Deduct net value of risks of this company
reinsured in other solvent companies 3510 00
11226059
Net reserve
2 Present value of amounts not yet due on supplementary
contracts not involving life contingencies u
5 Claims for death losses in process of ad
justment or adjusted and not due oiU6 61
6 Claims for death losses which have been
reported and no proofs received 4MSo a
7 Claims for matured endowments due and
unpaid
8 Claims for death losses and other policy
claims resisted by the company 1uuu
109983
10 Total policy claims
12 Premiums paid in advance including surrender values
so applied net
00
00
87
02414 COMPTROLLERGENERALS REPORT
19 Dividends or other profits due policyholders including
those contingent on payment of outstanding and de
ferred premiums 11917 67
22 Other liabilities Unpaid bills 100000 contingent re
serve 600 premium obligation in excess of reserve
197400 2980 00
24 Unassigned funds surplus 710233 45
25 Total liabilities 12094592 01
Business in Georgia during 1905
No Amount
Policies on the lives of citizens of said State in force
December 31 of previous year 90 157317 68
Policies on the lives of citizens of said State issued
during the year 275 378970 11
Total 365 536287 79
Deduct ceased to be in force during the year 62 83500 00
Policies in force December 31 303 452787 79
Losses and claims incurred during the year 1 2500 00
Losses and claims unpaid December 31 1 2500 00
Premiums collected or secured in cash and notes or credits
without any deduction for losses dividends commissions
or other expenses 13558 79
UNION CENTRAL LIFE INSURANCE COMPANY QF OHIO
John M Pattison President E P Marshall Secretary
Principal Office 353 W Fourth Street Cincinnati Ohio
Isaac H Haas Atlanta 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 year 41830746 02
Extended at 41830746 02
IIINCOME DURING YEAR 1905
1 Cash received for premiums on new poli
cies without deduction for commissions
or other expenses 776145 17COMPTROLLERGENERALS REPORT
415
Ik Cash received for renewal premiums
without deductions for commissions or
other expenses
2 Premium notes loans or liens taken in
part payment for premiums on new poli
cies
2i Premium notes loans or liens taken in
part payment for renewal premiums
From dividends applied to pay running
premiums see item 11 disbursements
3 From dividends applied to purchase paid
up additions and annuities see item 12
disbursements
4 From surrender values applied to pay run
ning premiums see item 14 disburse
ments
4J From surrender values applied to pur
chase paidup insurance and annuities
see item 15 disbursements
5 Consideration for annuities other than
matured installment policies
4144188 24
597667 10
2368450 44
287416 06
166967 55
42380 19
77092 18
16674 96
Total 847698189
Deduct amount of premiums paid to other
companies for reinsurance on policies in
this company new business 4357152
renewals 20487673 248448 25
10
11
8228533
Cash received for interest on mortgage loans 2239870
Cash received for interest on bonds owned and dividends
on stock
Cash received for interest on premium notes loans or
7 Total premium income
8
9
64
16
500 00
liens
Cash received for interest on other debts due the com
pany
13 Cash received for rents for use of companys property in
cluding 720000 for companys own occupancy
From all other sources viz Consideration for supple
mentary contracts not involving life contingencies
19
381506 10
48939 22
28779 90
92626 52
Total income11020755 54
mDISBURSEMENTS FOE THE YEAB 1905
1 Cash paid for death claims including re
versionary additions 1665560 64
2 Premium notes loans or liens used in pay
ment of the same 18646 97
3 Cash paid for matured endowments and
additions thereto 476361 32416
COMPTROLLERGENERALS REPORT
5 Cash paid for sums falling due during
year on installment policies
the
21743 52
Total 2182312 45
6 Deduct amount received from other com
panies for losses or claims on policies
of this company reinsured 80000 00
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
Total net amount actually paid for losses and matured
endowments
Cash paid to annuitants
Premium notes loans or liens used in purchase of sur
rendered policies 2153781 voided by lapse 262
63478
Premium notes loans or liens used in payment of divi
dends to policyholders
Cash dividends paid policyholders
Cash dividends applied to pay running premiums see
item 3 income
Cash dividends applied to purchase paidup additions and
annuities see item 3i income
Surrender values paid in cash
Surrender values applied to pay running premiums see
item 4 income
Surrender values applied to purchase paidup insurance
and annuities see item 4 income
Total paid policyholders 3418900 37
Cash paid stockholders for interest on dividends
Cash paid for commissions and bonuses to agents less
commission on reinsurance new policies 63397980
renewals 43052471 on annuities 83374
Cash paid for salaries and allowances to managers and
agents
Cash paid for medical examiners fees
Cash paid for salaries and all other compensation of offi
cers and other home office employees
Cash paid for taxes on new premiums and on renewals
Cash paid for taxes on reserves 285514 on real estate
642108
Cash paid for insurance department fees and agents li
censes
Cash paid for rent including 720000 companys occu
pancy
Cash paid for commuting commissions
Cash paid for furniture fixtures and safes for home and
agency offices
Cash paid for advertising 1885500 printing 35497
17 postage 1007405
Cash paid for real estate expenses other than taxes 19
1318 for legal expenses 829599
2102312 45
21221 31
284172 59
1451 53
237493 38
287416 06
166967 55
198393 13
423S0 19
77092 18
10000 00
1065338 25
45889 38
68362 50
182781 93
124167 82
9270 22
13191 98
34196 77
15517 83
4582 56
64426 22
27609 17COMPTROLLERGENERALS REPORT
417
29 Cash paid for the following items viz Mortgage loan
expense 22667383 agency supervision 3268537
general expense 1382405 profit and loss 608770
279270 95
30 Total disbursements 5363511 95
IVASSETS AS PER LEDGER ACCOUNTS
1 Cost value of real estate exclusive of all incumbrances 552352 34
2 Loans on mortgage first liens on real estate 40317152 07
4 Loans made in cash to policyholders on this companys
policies assigned as collateral 4511759 37
5 Premium notes loans or liens on policies in force 1725460 36
6 Cost value of bonds owned excluding accrued interest at
time of purchase 10000 00
8 Cash deposited in banks 140302 52
9 Bills receivable 94902 19
10 Agents ledger balances 136060 76
13 Total net or ledger assets 47487989 61
OTHER ASSETS
14 Interest due 6810395 and accrued 1
37034654 on mortgages 1438450 49
17 Interest due 1401078 and accrued
20435144 on premiums notes loans
or liens
19 Rents due 22600 and accrued 1420
47 on companys property or lease
218362 22
1646 47
Total carried out
20 Market value of real estate over cost
21 Market value of bonds and stocks over cost
23 Gross premiums due and New Business
unreported on policies in
force December 31 1905 233413 07
24 Gross deferred premiums
on policies in force De
cember 31 1905
1658459 18
40143 51
300 00
11071 99
Renewals
430700 52
97256 12
Totals 244485 06 527956 64
25 Deducting loading 20 per
cent 48897 01 105591 33
26 Net amount of uncollected
and deferred premiums 195588 05
422365 31 617953 36
28 Total assets as per the books of the company 49804845 66
27 in418
COMPTROLLERGENERALS REPORT
ITEMS KOI ADMITTED
5 Agents balances 143410 40
7 Bills receivable 94902 19
8 Depreciation in ledger assets to cover pos
sible shrinkage of values in real estate 55235 23
Total 293547 82
9 Total assets less items not admitted 49511297 84
VLIABILITIES
1 Net present value of all the outstanding
policies in force on the 31st day of De
cember 1905 computed according to the
actuaries table of mortality with 4 per
cent interest and American 3 per
cent 40995839 00
Deduct net value of risks of this company
reinsured in other solvent companies 558911 00
Net reinsurance reseive 4043692S 00
5 Claims for death losses and matured en
dowments in process of adjustment or
adjusted and not due 92676 00
6 Claims for death losses and other policy
claims resisted by the company 34000 00
8 Present value of unpaid amounts on ma
tured installment policies face 477
92500 324984 00
Total policy claims 451660 00
10 Amount of all unpaid dividends of surplus or other de
scription of profits due policyholders 36854 19
16 Amount of any other liability of the company viz Pre
miums paid in advance 8376873 commissions due on
premium notes when paid 23409753 net unpaid and
deferred premiums on reinsurance policies 3849292 356359 18
17 Liabilities on policyholders account 41281801 37
18 Gross surplus on policyholders account 8492203 43
19 Total liabilities 49774004 SO
20 Estimated surplus accrued on tontine or
other policies the profits upon which
are especially reserved for that class of
policies 5873375 00
21 Estimated surplus accrued on all other
policies 2618828 43COMPTROLLERGENERALS REPORT
Business in Georgia during 1905
Number and amount of policies on the lives of eiti N
zens of Georgia in force December 31 of previous
year 3720
Number and amount of policies on the lives of citi
zens of Georgia issued during the year 1091
TotaI 4811
Deduct number and amount which have ceased to be
in force during the year 595
Total number and amount of policies in force in
Georgia December 31 1905 4216
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 27
Total 28
Amount of lbsses and claims on policies in Georgia
paid during the year 27
Amount of premiums collected or secured in Georgia during
the year in cash and notes or credits without any deduc
tion for losses dividends commissions or other expenses
419
Amount
6304200 00
1810079 00
8114279 00
851630 00
7262649 00
2500 00
47000 00
49500 00
48500 00
242491 93
VOLUNTEER STATE LIFE INSURANCE COMPANY OP TENNESSEE
Z C Patten President A S Caldwell Secretary
Principal Office Chattanooga Tenn
ICAPITAL STOCK
1 Amount of capital stock
paid up in cash 200000 00
Amount of net or ledger assets December
31 of previous year 212661 30
Extended at 212661 30
IIINCOME DURING YEAE 1905
1 Cash received for premiums on new poli
cies without deductions for commissions
or other expenses 86657 24
li Cash received for renewal premiums
without deductions for commissions or
other expenses 52840 46
Total 139497 70420
COMPTROLLERGENERALS REPORT
6 Deduct amount of premiums paid to other
companies for reinsurance on policies in
this company new business 141896
renewals 128076
2699 72
7 Total premium income
8 Cash received for interest on mortgage loans
9 Cash received for interest on bonds owned and dividends
on stock
10 Cash received for interest on premium notes loans or
liens
11 Cash received for interest on other debts due the com
pany
14 Cash received for profits on sales of bonds or stocks
19 From all other sources viz Loss and gain
Total income

136797 98
3055 68
3396 50
1350 00
276 52
524 15
232 89
145633 72
IIIDISBURSEMENTS FOR THE YEAR 1905
1 Cash paid for death claims including reversionary addi
tions
17 Cash paid for commissions and bonuses to agents less
commission on reinsurance new policies 4015583
renewals 113122
18 Cash paid for salaries and allowances to managers and
agents
19 Cash paid for medical examiners fees 696000 inspec
tion of risks 113350
20 Cash paid for salaries and all other compensation of offi
cers and other home office employees
23 Cash paid for insurance department fees agents licensee
and municipal licenses
24 Cash paid for rent companys occupancy
25 Cash paid for agency supervision traveling or other ex
penses
26 Cash paid for furniture fixtures and safes for home and
agency offices
27 Cash paid for advertising 384093 printing 378193
postage 144819
28 Cash paid for real estate expenses other than taxes 254
13 for legal expenses 3950
29 Cash paid for the following items viz Telegrams 73
38 telephones 30830 express 18204 actuary
22500
16300 00
41287 05
7124 01
8093 50
23141 35
3077 80
830 54
7477 75
2226 39
9071 05
293 63
72
30 Total disbursements 119711 79COMPTROLLERGENERALS REPORT
421
IVASSETS AS PEB LEDGER ACCOUNTS
2 Loans on mortgage first Hens on real estate 73500 00
3 Loans secured by pledge of bonds stocks or other mar
ketable collaterals 14772 38
6 Cost value of bonds and stocks owned excluding accrued
interest at time of purchase 104054 00
7 Cash in companys office 100 00
8 Cash deposited in banks 36401 74
10 Agents ledger balances advanced during the year 9755 11
13 Total net or ledger assets 238583 23
OTHEB ASSETS
14 Interest accrued on mortgages
15 Interest accrued on bonds and stocks
16 Interest accrued on collateral loans
New Business
23 Gross premiums due and unreported on
policies in force December 31 1905 22999 76
24 Net deferred premiums on policies in force
December 31 1905 first renewal 16836 24
26 Net amount of uncollected and deferred premiums
27 Furniture fixtures and safes 70 per cent of cost 2
86973 stationery and advertising matter on hand 30
per cent of cost 250971
ITEMS NOT ADMITTED
2 Furniture fixtures and safes
8 Supplies printed matter and stationery
2869 73
2509 71
Total
555 00
72 50
169 36
39836 00
5379 44
28 Total assets as per the books of the company 284595 53
5379 44
9 Total assets less items not admitted 279216 09
VLIABILITIES
1 Net present value of all the outstanding policies in force
on the 31st day of December 1905 computed according
to the actuaries table of mortality with 4 per cent in
terest
17 Capital stock
18 Surplus
19 Total liabilities
51147 31
200000 00
28068 78
279216 09422
COMPTROLLERGENERALS REPORT
Business in Georgia during 1905
T No Amount
Number and amount of policies on the lives of citi
zens of Georgia issued during the year 74 158500 00
Deduct number and amount which have ceased to be
in force during the year 3 4000 00
Total number and amount of policies in force in
Georgia December 31 1905 71 154500 00
Amount of premiums collected or secured in Georgia during
the year in cash without any deduction for losses divi
dends commissions or other expenses 4747 74
WASHINGTON LIFE INSURANCE COMPANY OP NEW YORK
John Tatlock President John W B Van de Water Secretary
Principal Office 141 Broadway New York N Y
Martine L Harjisen 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 17119162 58
Extended at 17119162 58
IIINCOME DURING YEAR 1905
I Cash received for premiums on new policies without de
ductions for commissions or other expenses 270204 32
II Cash received for renewal premiums without deduc
tions for commissions or other expenses 2175343 66
3 From dividends applied to pay running premiums see
item 11 disbursements 234 94
31 From dividends applied to purchase paidup additions
and annuities see item 12 disbursements 58844 68
4 From surrender values applied to pay running premiums
see item 14 disbursements 40680 48
4J From surrender values applied to purchase paidup in
surance and annuities see item 15 disbursements 168276 09
5 Consideration for annuities other than matured install
ment policies 28789 40
7 Total premium income 2742373 57
8 Cash received for interest on mortgage loans 273054 38
9 Cash received for interest on bonds owned and dividends
on stock 93437 10COMPTROLLERGENERALS REPORT
423
10 Cash received for interest on premium notes loans or
liens
11 Cash received for interest on other debts due the com
pany
12 Cash received as discount on claims paid in advance
13 Cash received for rents for use of companys property
including 3100000 for companys own occupancy
14 Cash received for profits on sales of bonds or stocks and
real estate
19 Prom all other sources viz Interest on collateral loans
20 Collectable agents balances formerly charged off re
stored to ledger
Total income
94439 04
14620 06
3265 71
379864 19
37973 38
i 605 98
43794 11
3683427 85
1
3
8
10
11
12
13
14
15
17
18
19
20
21
22
23
24
25
26
IIIDISBURSEMENTS FOB THE YEAB 1905
Cash paid for death claims including reversionary addi
tions
Cash paid for matured endowments and additions there
to
Cash paid to annuitants
Cash dividends paid policyholders
Cash dividends applied to pay running premiums see
item 3 income
Cash dividends applied to purchase paidup additions and
annuities see item 3i income
Surrender values paid in cash
Surrender values applied to pay running premiums see
item 4 income
Surrender values applied to purchase paidup insurance
and annuities see item 4 income
Total paid policyholders 2120900 21
Cash paid for commissions and bonuses to agents less
commission on reinsurance new policies 17333630
renewals 13396518
Cash paid for salaries and allowances to managers and
agents
Cash paid for medical examiners fees 2111125 inspec
tion of risks 255386
Cash paid for salaries and all other compensation of offi
cers and other home office employees
Cash paid for taxes on new premiums and renewals
Cash paid for taxes on reserves 205144 on invest
ments 7428156
Cash paid for insurance department fees agents licenses
and municipal licenses
Cash paid for rent companys occupancy
Cash paid for commuting commissions
Cash paid for furniture fixtures and safes for home and
agency offices
1024198 45
430335 72
32967 67
43387 55
234 94
58844 68
321974 63
40680 48
168276 09
307301 48
111145 23
23665 11
96239 12
33527 15
76333 00
10187 19
31000 00
24186 37
1089 76424
COMPTROLLERGENERALS REPORT
27 Cash paid for advertising 2014189printing 12105
05 postage and exchange 1253249 44779 43
28 Cash paid for real estate expenses other than taxes
11654992 for legal expenses 1891752 loss on sale
or maturity of ledger assets 921250 144679 94
29 Cash paid for the following items viz Examination by
New York insurance department 529761 office ex
penses including directors fees telegraph telephone
extra clerical service etc 1283370 profit and loss
16974 agency expenses 312948 supplementary con
tracts 221440 23644 93
Total miscellaneous expenses 927772 71
30 Total disbursements 3048672 92
IV
ASSETS AS PEE LEDGER ACCOUNTS
1 Cost value of real estate exclusive of all incumbrances
2 Loans on mortgage first liens on real estate
3 Loans secured by pledge of bonds stocks or other mar
ketable collaterals
4 Loans made in cash to policyholders on this companys
policies assigned as collateral
6 Book value of bonds and stocks owned excluding accrued
interest at time of purchase
7 Cash in companys office
8 Cash deposited in banks
10 Agents ledger balances
6652484 00
4440550 00
5000 00
1668696 13
4707612 73
1937 24
204345 12
73292 29
13 Total net or ledger assets 17753917 51
OTHEB ASSETS
14 Interest due 605000 and accrued 30
13292 on mortgages 36182 92
15 Interest accrued on bonds and stocks 54989 20
17 Interest due 687634 and accrued 13
09879 on premiums notes loans or liens 19975 13
18 Interest accrued on other assets 958 45
19 Rents due 7500 and accrued 1515003
on companys property or lease 15225 03
Total carried out
23 Gross premiums due and
unreported on policies in
force December 31 1905
24 Gross deferred premiums
on policies in force De
cember 31 1905
New Business
1661 41
10282 23
Renewals
109080 01
196927 42
127330
Totals
11943 64
306007 43COMPTROLLERGENERALS REPORT
25 Deducting loading 20 per
cent 2388 73 61201 48
425
26 Net amount of uncollected
and deferred premiums 9554 91 244805 95 254360 86
28 Total assets as per the books of the company 18135609 10
ITEMS KOT ADMITTED
5 Agents balances 73292 29
8 Depreciation value of bonds and stocks 53005 23
Total 126297 52
9 Total assets less items not admitted 18009311 58
VLIABILITIES
Net present value of all the outstanding
policies in force on the 31st day of De
cember 1905 computed according to the
actuaries and American tables of mor
tality with 4 3i and 3 per cent interest 17200260 00
Deduct net value of risks of this company
reinsured in other solvent companies 395 00
Net reinsurance reserve 17199865 00
3 Claims for death losses no proofs re
ceived 86315 00
4 Claims for matured endowments due and
unpaid 20616 33
5 Claims for death losses and matured en
dowments in process of adjustment or
adjusted and not due 25526 80
6 Claims for death losses and other policy
claims resisted by thfe company 1000 00
7 Amounts due and unpaid on annuity
claims 400 00
Total policy claims 133858 13
9 Other reserve outside 33241 00
10 Amount of all unpaid dividends of surplus or other de
scription of profits due policyholders 8191 14
13 Amount due on account of salaries rents and office ex
penses 2717 76
16 Amount of any other liability of the company viz Pre
miums paid in advance 808727 unearned interest on
5 per cent policy loans 1611705 24204 32426 COMPTROLLERGENERALS REPORT
17 Liabilities on policyholders account 17402077 35
18 Gross surplus on policyholders account 607234 23
19 Total liabilities 18009311 58
Business in Georgia during 1905
No Amount
Number and amount of policies on the lives of citi
zens of Georgia in force December 31 of previous
year 581 1015847 00
Number and amount of policies on the lives of citi
zens of Georgia issued during the year 44 80115 00
Total 625 1095962 00
Deduct number and amount which have ceased to be
in force during the year 89 255645 00
Total number and amount of policies in force
in Georgia December 31 1905 536 840317 00
Amount of losses and claims on policies in Georgia
incurred during the year 8 16500 00
Amount of losses and claims on policies in Georgia
paid during the year 8 16500 00
Amount of premiums collected or secured in Georgia during
the year in cash without any deduction for losses divi
dends commissions or other expenses 29059 39
ATLANTA MUTUAL INSURANCE ASSOCIATION OF ATLANTA GA
A F Hebndon President J H Crew Secretary
Principal Office 202 Auburn Avenue Atlanta
Hon vV A Weight Atlanta Attorney for Service in Georgia
IIINCOME DURING YEAR 1905
1 Membership fees 710 50
2 Annual dues 4735 50
Total paid by members 5446 00
Total income 5446 00
IIIDISBURSEMENTS DURING YEAR 1905
1 Losses and claims 1514 30
Total paid to members 1514 30
3 Commissions and lees retained by or
paid to agents 2047 74
COMPTROLLERGENERALS REPORT
427
5 Salaries and traveling expenses of man
agers of agencies and general special
and local agents 987 00
7 Salaries and other compensation of
officers and other office employees 383 20
8 Rent 54 07
10 Advertising 14800 blanks and print
ing 15895 306 95
It All other items viz Postage 26 16
Miscellaneous 19 58
Total disbursements
IVINVESTED ASSETS
5 Cost value of bonds and stocks owned
absolutely 5500 00
6 Cash in office 107 00
Total 5607 00
8 Agentsledger balances If07 00
Total net or ledger assets
VCONTINGENT ASSETS
15 Market value of bonds and stocks over cost
19 Annual payments or premiums due and
unpaid on memberships in force 1107 00
20 Annual payments or premiums in process
of collection not yet due 25740 00
21 Total due from members 26847 00
22 Deduct estimated cost of collection 8019 60
23 Net amount due from members
24 All ocher assets viz Cash in office
Office fixtures and safe
Total assets
VILIABILITIES
7 Borrowed money including interest due or accrued
8 To officers or others for advances on account of ex
penses of organization
9 Amount of all other liability viz Furnishing office
including safe
Total liabilities1
5339 00
6714 00
5500 00
18827 40
107 00
705 00
25139 40
5500 00
248 00
705 00
6453 00428 COMPTROLLERGENERALS REPORT
Business in Georgia during 1905
No
Policies or certificates written during the year 19057379
Deduct number and amount which have ceased to be
in force during 1905 955
Total policies or certificates in force December
3119056324 126480 00
Losses and claims on policies or certificates incurred
during the year 1905
Losses and claims on policies or certificates paid dur
ing the year 1905
Amount
147580 00
19100 00
1514 30
1514 30
THE ATHENS COOPERATIVE LIVE STOCK INSURANCE CO
Cobb Lampkin President S R McDuffie Secretary
Principal Office Clayton Street Athens Ga
H S West Attorney for Service in Georgia
ANGELUS MUTUAL INSURANCE COMPANY
G A Horkan President F J Bivins Secretary
Principal Office Moultrie Ga
W S Humphreys Sr Moultrie Attorney for service in Georgia
IBALANCE SHEET
Guarantee fund
IIINCOME DURING THR YEAR 1905
1 Membership fees 198 00
2 Dues
3076 40
Total paid by members
7 Cash received from all other sources viz Ex charter
etc
Total income
IIIDISBURSEMENTS DURING THE YEAR 1905
1 Losses and claims
3 Commissions and fees retained by or paid to agents
5 Salaries and traveling expenses of managers of agencies
and general special and local agents
7 Salaries and other compensation of officers and other
office employees
25000 00
3274 40
500 00
3774 40
653 75
818 59
569 27
90 00
COMPTROLLERGENERALS REPORT
8 Rent 5250 taxes 16400
9 Advanced to officers and agents to be repaid out of
future salaries or commissions
10 Advertising 4820 blanks and printing 22725
Total
Total expenses footings of items 3 to 112035 65
IVINVESTED ASSETS
6 Cash in office 116 19
All other deposits Moultrie banks 140 43
8 Agents ledger balances 553 93
9 All other ledger assets viz Deferred pre
miums and notes 21200 furniture
and fixtures 6245 guarantee fund
2500000 25274 45
Total net or ledger assets less depreciation
Business in Georgia during 1905
No
Policies or certificates written during the year 1905 634
Total 634
Deduct number and amount which have ceased to
be in force during 1905 41Q
Total policies in force December 31 1905 224
Loss and claims on policies or certificates incurred
during the year 1905
Total
Loss and claims on policies or certificates paid during
the year 1905
42
216 50
65 84
275 45
2689 40
26085 00
Amount 951 00
951 00 615 00
336 00
653 75 653 75
653 75
AMERICAN LIVE STOCK INSURANCE CO
C B Jo President A B Retway Secretary
Principal Office Macon Ga
AValteh M Clements Eastman Attorney for Service in Georgia
AMERICAN ASSURANCE ASSOCIATION OF ATLANTA GEORGIA
E P Burns President 8 H Bean Secretary
Principal Office 416418 Century Building Whitehall and Alabama Sts
Hamilton Douglas Atlanta Attorney for Service in Georgia
IBALANCE SHEET
Amount of net or ledger assets December 31st of pre
vious year 430
COMPTROLLERGENERALS REPORT
IIINCOME DURING YEAS 1905
1 Membership fees
2 Weekly dues
463 10
15845 45
Total paid by members 16308 55
7 Cash received from all other sources
viz Advance by officers and directors 5050 00
Total income
Total
IIIDI8BUBSMEENTS DURING YEAE 1905
Losses and claims 3 692 13
Annual payments and assessments re
turned to members
10
11
Total paid to members
Commissions and fees retained by or
paid to agents
Commissions and fees retained by or
paid to officers and directors
Salaries and other compensation of
officers and other office employees
Rent 285 00 taxes 27536
Advanced to officers and agents to be re
paid out of future salaries or commis
sions
Advertising 1100 blanks and print
ing 25431
All other items viz Office incidentals
Bonds secured for deposit
18 23
3710 66
7196 11
1723 02
2415 00
560 36
313 32
268 31
167 46
5050 00
Total disbursements
IVINVESTED ASSETS
Cost value of bonds and stocks owned absolutelv
Cash in office
Office fixtures and furniture
Total net or ledger assets
19
20
21
VCONTINGENT ASSETS
Weekly payments or premiums due and
unpaid on memberships in force
Weekly payments or premiums in process
of collection not yet due
Total due from members
100 80
13989 50
14090 30
2135S 55
22070 22
21934 24
5050 00
265 90
200 00
5515 9016788 1
6250 00
COMPTROLLERGENERALS REPORT 431
22 Deduct estimated cost of collection 2818 06
23 Net amount due from members 11272 24
Total assets
VILIABILITIES
8 To officers or others for advances on account of ex
penses of organization
Total liabilities
Business in the State of Georgia during the year
No
Policies or certificates in force December 31 1904 4584
Policies or certificates written during the year 1905 3325
Total7909 219578 00
Deduct number and amount which have ceased to be
in force during 19054717 169778 00
Total policies in force December 31 19053192 f 79800 00
Loses and claims on policies or certificates incurred
during the year 19051077 3692 43
Losses and claims on policies or certificates paid dur
ing the year 19051077 I 3692 43
6250 00
Amount
169240 00
80338 00
AMERICAN INSURANCE COMPANY
M T LaHatte President W W Foreacre Secretary
Principal Office 3079 Temple Court Atlanta Ga
J A Branch Atlanta Attorney for Service in Georgia
IBALANCE SHEET
Amount of net or ledger assets December 31st of pre
6473 47
vious year
IIINCOME DURING YEAR 1905
1 Membership fees 12487
2 Annual dues L4670S
Total paid by members 13954 17
7 Cash received from all other sources viz Paid by guar
antors
14954 17
Total income
IIDISBURSEMENTS DURING YEAR 1905
977 13
1 Losses and claims
3 Commissions and fees retained by or paid to agents tt432
COMPTROLLERGENERALS REPORT
5 Salaries and traveling expenses of managers of agencies
and general speeial and local agents
7 Salaries and other compensation of officers and other
office employees
8 Rent 12000 taxes 17290
9 Advanced to officers and agents to be repaid out of
future salaries or commissions
10 Advertising 1704 blanks and printing 51753
11 All other items viz Furniture and fixtures 7776
Attorneys fees 10000 court cost 1815
Total Disbursements
Total expenses footings of items 3 to 11
10135 66
IV INVESTED ASSETS
1 Cost value of real estate in cash exclusive of all incum
brances
5 Cost value of bonds and stocks owned absolutely
6 Cash in office
7 Cash deposited in banks on reserved fund account
MaddcxRucker Banking Company 111928 furni
ture and fixtures 7500 office supplies 20000
8 Agents ledger balances
9 All other ledger assets viz Notes owned by the com
pany 104113 balance guarantors fund 400000
23 Net amount due from members
24 All other assets viz Due by membership as provided
by by1 aws
177 76
1332 64
292 90
823 69
534 57
295 91
11112 78
1100 00
1000 00
755 75
1594 28
S23 69
5041 13
Total net or ledger assets less depreciation 10314 85
VCONTINGENT ASSETS
14 Market value of real estate over cost 1100 00
15 Market value of bonds and stocks overcost 1000 00
19 Annual payments or premiums due and
unpaid on memberships in force 1467 08
21 Total due from members 1467 08
22 Deduct estimated cost of collection 146 70
Total
Business in Georgia During 1905
No
Policies or certificates in force December 31 1904 574
Policies or certificates written during the year 1905 1124
1320 38
27910 34
29230 72
Amount
88810 00
638984 00
Total policies in force December 31 1905 1698
Losses and claims on policies or certificates incurred
during the year 1905 7
Losses and claims on policies or certificates paid
during the year 1905 4
727794 00
2952 13
977 13COMPTROLLERGENERALS REPORT
433
AMERICAN MUTUAL LIFE INSURANCE CO RUTLEDGE GA
E C Ponder President M t w
M L Wallace Sec and Treas
Home Office Rutledge Ga
ATHENS MUTUAL EIRE INSURANCE CO OP ATHENS GA
M Stern President
Principal Office 24 Clayton Street 11
IIASSETS
2 Loans on bond and mortgage duly re
corded and being first liens on the fee
simple
Account of stocks and bonds owned abso
lutely by the company
12 Cash in companys principal office
13 Cash belonging to the company depos
ited in Athens Savings Bank
Total cash items
362 50
2300 00
11 75
2220 70
2662 50
ATSsuedf PremiUm ntes uPn which policies have
been
15 Interest due and accrued on stocks not includedin
market value uncollected wuaea in
16 TeTd dUe and aCCrU6d n colatel loans anduncoi
17 Cash in hands of agents andin course of transmission
Office furniture fixtures supplies andall other assets
Total assets of the company actual cash market value
HILIABILITIES
11 Total unearned premiums as computed above carried
out
23 Surplus beyond capital and all other liabilities
24 Aggregate amount of all liabilities including capital
paid up and net surplus Pnai

IVINCOME DURING THE YEAR
4 Gross premiums on risks written and re Fire Hlrt
newed during the year 22M6
6 Deduct premiums and bills in course of
collection at this date 4 621 61
28 in
2232 45
1560 25
30 00
77 41
4621 61
2765 81
1410 25
15350 28
10075 68
5274 60
15350 28434 COMPTROLLERGENERALS REPORT
7 Entire premiums collected during the
year Cash 1311229 notes 4 M
31606 I KQ M
8 Deduct reinsurance and reurni premiumsoobbJ
9 Net cash actually received for premiums carried out S lM
11 Received lor interests and dividends on stocks and
bonds collateral loans and from all other sources
n Cme received from all other sources 0
crease if any in value of secures viz s Interest
15 Aggregate amount of income actually received during
the year in cash
V EXPENDITURES DURING THE YEAR
policyholders dividends declared during the year
fi Paid for commissions or brokerage 1 67Q 0
5 Pa d or salaries fees expenses and other charges of
officers clerks agents and all other employees
8 Paior State national and local taxes in tins and other
States 405 48
9 All other payments and expenditures viz
Aggregate amount of actual expenditures during
the year in cash
Business in the State of Georgia During the Year
1001897 75
Fire marine and inland risks written Q
Premiums received gross 3140 83
Losses paid
BANKERS HEALTH AND LIFE INSURANCE Ou MAOON GA
P C Carnes Secretary
p L Hay President
Principal Office 509 Second Street Macon Ga
Joseph H HXhange Bank Bldg Attorney for Service in Georgia
BALANCE SHEET
Amount of net or ledger assets December 31st of pre
vious year
IT INCOME DURING YEAR 1905
Gross amount paid by members to the Association or its
agents without deductions for commissions or other
expenses as follows 373 45
1 Membership feesCOMPTROLLERGENERALS REPORT
2 Annual dues
Total paid by members
7 Cash received from all other sources viz President of
the company
435
8343 85
8717 30
6230 70
Total income
HIDISBURSEMENS DURING YEAR 1905
1 Losses and claims 2864 10
Total paid to members
5 Salaries and traveling expenses of man
agers of agencies and general special
and local agents
7 Salaries and other compensation of officers
and other office employees
8 Rent 30665 taxes 12075
10 Advertising24620 blanks and printing
40640
11 All other items viz Attorneys fees and
traveling expenses 25000 purchase
of five 5 city of Atlanta water bonds
500000
5077 55
1248 00
427 40
652 60
5250 00
Total expenses
Total disbursements
IVINVESTED ASSETS
5 Cost value of bonds and stocks owned absolutely
10 Total net or ledger assets as per balance on page 1
Total net or ledger assets less depreciation
Business in Georgia during 1905
No
Policies or certificates in force December 31 1904 1471
Policies or certificates written during the year 1905 38b8
Total
5339
2025
Deduct number and amount which have ceased to
be in force during 1905
Total policies in force December 31 1905 3314
Losses and claims on policies or certificates incurred
during the year 1905
Losses and claims on policies or certificates paid
during the year 1905
14948 00
2864 10
12655 55
15519 65
5000 00
158 25
5158 25
Amount
32362 00
77360 00
109722 00
40507 00
69215 00
39 00
2864 1046
COMPTROLLERGENERALS REPORT
THE COMMONWEALTH INSURANCE COMPANY ATLANTA GA
W H Austin President A C Hubek Secretary
Principal Office Temple Court Atlanta Ga
IIINCOME DURING THE YEAR 1905
1 Membership fees
HIDISBURSEMENTS DURING THE YEAR 1905
1 Losses and claims detailed schedule filed
4 Commissions and fees retained by or paid to officers
and directors
7 Salaries and other compensation of officers and other
office employees
8 Rent 18000 taxes 883
10 Advertising
11 All other items viz Stamps 9883 miscellaneous
2067 city license 7500 return premiums 9069
borrowed money 72532
Total disbursements
IVINVESTED ASSETS
6 Cash in office
9 All other ledger assets
Total net or ledger assets
843 49
1918 05
Total net or ledger assets less depreciation
VCONTINGENT ASSETS
19 Annual payments or premiums due and
unpaid on memberships in force
20 Annual payments or premiums in pro
cess of collection not yet due
21 Total due from members
22 Deduct estimated cost of collection
2262 31
344 26
2606 57
221 31
Net amount due from members
All other assets viz Due from members not yet as
sessed contingent liabilities as per bylaws
Total assets
VILIABILITIES
2 Losses in process of adjustment or ad
2650 00
1550 00
justed and not due No of claims 4
Less settled
4 Losses resisted by the company No of claims 2
Total liabilities
7304 13
500 00
2921 65
677 30
188 83
129 55
1014 31
5431 84
2761 54
1872 29
4633 83
2385 26
54819 80
61838 89
1100 00
1300 00
2400 00COMPTROLLERGENERALS REPORT
Business in Georgia During 1905
Policies or certificates in force December 31 1904 73
Policies or certificates written during the year 1905 53
Ttalm
Deduct number and amount which have ceased to
be in force during 1905 5g
Total policies in force December 31 1905 70
Losses and claims on policies or certificates incurred
during the year 1905 5
Losses and claims on policies or certificates paid
d uring the year 1905 2
437
Amount
45410 00
35050 00
80460 00
33587 00
46873 00
3450 00
1050 00
CONTINENTAL AID ASSOCIATION OF ATLANTA GEORGIA
B M Cross President LeRoy Smith Secretary
Principal Office Grant BuildingAtlanta Ga
Walter McElreath Atlanta Attorney for Service in Georgia
IBALANCE SHEET
Amount of net or ledger assets December 31st of previ
ous year
IIINCOME DURING YEAR 1905
1 Membership fees
2 Annual dues
692 82
15212 56
Total paid by members
Cash received from all other sources viz Donations
from officers
Total income
HIDISBURSEMENTS DURING THE YEAR 1905
1 Losses and claims t
3 Commissions and fees retained by or paid to agents
5 Salaries and traveling expenses of managers of agencies
and general special and local agents
7 Salaries and other compensation of officers and other
office employees
8 Rent 38300 taxes 85319
10 Blanks and printing
11 All other items viz Miscellaneous expenses
829 76
15905 38
4845 38
20750 76
4593 55
160 00
9198 48
1266 37
742 19
176 25
586 50
Total disbursements
16723 29438
COMPTROLLERGENERALS REPORT
IVINVESTED ASSETS
5 Cost value of bonds and stocks owned absolutely
6 Cash in office
All other ledger assets viz Furniture and fixtures
9
Total net or ledger assets
VCONTINGENT ASSETS
19 Annual payments or premiums due and
unpaid on memberships in force
20 Annual payments or premiums in process
of collection not yet due
549 60
11924 90
21 Total due from members
22 Deduct estimated cost of collection
12474 50
2494 90
23 Net amount due from members
Total assets
VILIABILITIES
6 For salaries rents and office expenses
Total liabilities
Business in Georgia during 1905

5100 00
100 00
173 07
5373 07
9979 60
15352 67
515 84

No
Policies or certificates in force December 81 1904 2279
Policies or certificates written during the year 1905 7484
9713
Total
5532
Deduct number and amount which have ceased to be
in force during 1905
Total policies in force December 31 1905 4181
Losses and claims on policies or certificates incurred during
the year 1905
Losses and claims on policies or certificates paid during
the year 1905
515 84
Amount
71906 00
280617 00
352523 00
216404 25
136118 75
4593 55
4593 55COMPTROLLERGENERALS REPORT
439
COTTON MILL
MUTUAL FIRE INSURANCE COMPANY OF GEORGIA
P A Rhodes Secretary
Jas P Verdery President
Principal Office Broad Street Miller Walker Building Augusta Ga
Bryan Cimming Augusta Attorney for Service in Georgia
IIASSETS
1 Market value of real estate owned by the company less
the amount of incumbrances thereon
11 Total amount loaned on stocks bonds and all other se
curities except mortgages
iq Oash belonging to the company deposited in bank Na
13 Cional Exchange Bank 54101 Planters LoarjSav
ings Bank 120 Augusta Savings Bank 213653
Merchants Bank 102493
16 interest due and accrued on collateral loans and uncol
17 CaSt hands of agente and in course osioj
All other assets both real and personal viz ConUngen
assets
6000 00
10200 00
3703 67
434 80
1697 61
132043 35
Total assets of the company
IIILIABILITIES
actual cash market value 154079 43
480 60
G premiums Soutany deduction received and re
7 ce vable upon 111 unexpired fire risks running one year
or less from date of policy 2756939 unearned pre
miums fifty per cent
20 Total amount of all liabilities except net surplus 265 29
23 Surplus beyond all other liabilities
24 Aggregate amount of all liabilities including net surplus 154079 43
nISCOMli DURING THE YEAR

2396 24
3 Net collected
4 Gross premiums on risks written and re
newed during the year
6 Deduct premiums and bills in course of
collection at this date
1697 61
7 Entire
premiums collected during the
25871 78
8 Deductreinsurance andreturn premiums440 COMPTROLLERGENERALS REPORT
9 Net cash actually received for premiums carried out I 24 482 41
10 Received for interest on bonds and mortgages JJ
U Received for interests and dividends on stocks and bonds
collateral loans and from all other sources rM K1
12 Income received from all other sources omitting increase
if any m value of securities viz Rents 815 g
15 Aggregate amount of income actually received during the
year m cash s
25992 49
VEXPENDITURES DUBING THE YEAR
3 Net amount paid during the year for losses 8RK Q9
stnfndS aCtUaUy Pald 8tockhoWers amountof
stockholders dividends declared during the year 15 103 76
7 Paid for salaries fees and other charges of officers clerks
agents and all other employees
8 PasfatfesrState natinal and l0Cal taX6Sisandother
9 All other payments andexpenditures vizi Rent travel
and office expenditures
3195 15
Aggregate amount of actual expenditures during the
year in cash s
24319 16
Business in the State of Georgia during the year
Fire risks written
Premiums received gross 455171 00
Losses paid 3717 45
42 90
EMPIRE MUTUAL ANNUITY AND LIFE INSURANCE COMPANY OP
GEORGIA
G H Tanner President w
t Wm W Reid Secrpfnrir
Principal Office 510 to 514 Peters Building Atlanta Ga
G H Tanner 510514 Peters Building Atlanta Attorney for Service in
Georgia
IBALANCE SHEET
Amount of net or ledger assets December 31st of
ous year
previ
109087 60
IIINCOME DUBING YEAR 1905
Gross amount paid by members to the Association or its
agents without deductions for commissions or other
expenses as follows
1 Membership fees first year premiums
34941 31COMPTROLLERGENERALS REPORT
2 Annual dues renewal
5 Interest
Total income
HIDISBURSEMENTS DUBING YEAB 1905
1 Losses and claims 5250 00
2 Annual payments and assessments return
ed to members dividends Sj430 74
Total paid to members
3 Commissions and fees retained by or paid to agents
5 Salaries and traveling expenses of managers of agencies
and general special and local agents
6 Medical examiners fees whether paid direct by members
or otherwise
7 Salaries and other compensation of officers and other of
fice employees
8 Rent 96500 taxes 92014
9 Advanced to officers and agents to be repaid out of future
salaries or commissions 317976 less ret 168662
10 Advertising 199558 blanks and printing 95336
11 All other items viz License 38569 office expense 1
76997 furniture 7600 payment on reserve liability
1042621
Total disbursements
441
37856 36
1487 68
74285 35
13680 74
12168 75
5390 24
2712 00
7125 92
1885 14
1493 14
2948 94
12657 87
60062 74
IVINVESTED ASSETS
5 Cost value of bonds and stocks owned absolutely
6 Cash in office and banks
7 Cash deposited in banks on reserved fund account Ad
vance reserve
8 Agents ledger balances
9 All other ledgerassets viz Notes and liens on policies
in force 2915669 furniture 133680
21937 50
5409 34
25000 00
40469 88
30493 49
Total net or ledger assets 123 310 21
VCONTINGENT ASSETS
12 Interest due 157568 and accrued 15037
19 Annual payments or premiums due and
unpaid on memberships in force less
than six months overdue
10136 83
1726 05442 COMPTROLLERGENERALS REPORT
20 Annual payments or premiums in process
of collection not yet due deferred pre
miumsJ
21 Total due from members 16335 42
22 Deduct estimated cost of collection 5 per
cent
15518 65
23 Net amount due from members 7Q
24 All other assets
140554 91
Total assets
VILIABILITIES
1 Losses due and unpaid present value future payments
on installment policy claims 4 per cent
3 To officers or others for advances on account of expenses
of organization
9 Amount of all other liability viz Reserve on policies m
force December 30 1905 2701941 reserve liability on
account of State deposit 1650000 less paid 10426
21 607379
56699 36
Total liabilities
Business in Georgia during 1905
Policies or certificates in force December 31 1904 802 21 271 00
Policies or certificates written during the year 1905801 16110
1603 37381 00
Totiil
Deduct number and amount which have ceased to be
in force during 1905
Total policies in force December 31 1905L57 54 0
Losses and claims on policies or certificates incurred
during the year 1905
Losses and claims on policies or certificates paid
during the year 1905COMPTROLLERGENERALS REPORT 443
FARMERS FIRE INSURANCE COMPANY OF GEORGIA
T M Douglas Secretary
Thos F Hoixis President
Principal Office Madison Ga
W D Anderson Madison Attorney for Service in Georgia
INCOME DUBING YEAB 1905
Gross amount paid by members to the Association or its
agents without deductions for commissions or other
expenses as follows 254 04
3 Assessments 121 63
7 Cash received from all other sources j
375 67
Total income
HIDISBUBSEMENTS DURING YEAB 1905
75 00
1 Losses and claims
5 00
Total paid to members
5 Salaries and traveling expenses of managers of agencies
and general special and local agents
7 Salaries and other compensation of officers and other of
flee employees 45 g2
10 Blanks and printing
11 All other items viz Balance on hand in bank Decem
ber 30 1905
375 67
Total disbursements
IVINVESTED ASSETS
7 Cash deposited in banks on reserved fund account First
National Bank of Madison Ga
Business in Georgia during 1905
Losses and claims on policies or certificates paid during the
year 1905 444
COMPTROLLERGENERALS REPORT
FARMERS MUTUAL FIRE INSURANCE COMPANY OF FORT GAINES
GEORGIA
J W West President wTt r ivr
kLi B Manning Secretary
Principal Office Fort Gaines Ga
Lee M Jobdan 823 Empire Building Atlanta Attorney for Service in
Georgia
IIINCOME DURING YEAE 1905
Gross amount paid by members to the Association or its
agents without deductions for commissions or other
expenses as follows
1 Membership fees
2 Annual dues
3 Assessments
Total income
4895 00 1669 00 7506 00
14070 00
IIIDISBURSEMENTS DXJBING YEAR 1905
1 Losses and claims 7506 0Q
Annual payments and assessments re
turned to members
1336 00
Total paid to members
3 Commissions and fees retained by or paid to agents
Total disbursements
Business in Georgia during 1905
Total
8842 00
5228 00
14070 00
Policies or certificates in force December 31 1904 72 tZo 00
Polices or certificates written during the year 1905 947 979000 00
Deduct number and amount which have ceased to
be in force during 1905
1709 1864000 00
104
195000 00
Total policies or certificates in force December
31 1905
1605 1669000 00
Losses and claims on policies or certificates unpaid
December 31 1905
Losses and claims on policies or certificates incurred
during the year 1905
6
31
1888 00
7506 00
Total
Losses and claims on policies or certificates paid
during the year 1905
37
25
9394 00
5618 00COMPTROLLERGENERALS REPORT
445
FARMERS COOPERATIVE FIRE INSURANCE COMPANY OF
JACKSON GEORGIA
J W Carmichael VicePresident
John T Goodman Secretary
ibalance sheet
Amount of net or ledger assets December 31 of previous
year
IIINCOME DURING YEAR 1905
Gross amount paid by members to the Association or its
agents without deductions for commissions or other
expenses as follows
1 Membership fees 3420 68
3 Assessments for losses by Are 3515 00
Total income paid by members
IllDISBURSEMENTS DURING YEAR 1905
1 Losses and claims by firej
3 Commissions and fees retained by or paid to agents
4 Commissions and fees retained by or paid to officers and
directors
5 Salaries and traveling expenses of managers of agencies
and general special and local agents
8 Fees
10 Advertising 1000 blanks and printing 1350
11 All other items viz Rent stationery and incidentals
10 Total net or ledger assets
VCONTINGENT ASSETS
1 2919 policies total amount
The Farmers Cooperative Fire Insurance Company is
strictly cooperative on the assessment plan on its mem
bers and carries a lien on all the property carried in the
policies of its members for each members pro rata of all
losses and expenses in its respective division
75 30
6935 68
3515 00
2010 70
430 00
794 78
40 00
23 50
73 49
Total disbursements 6887 47
IVINVESTED ASSETS
6 Cash in office 123 51
123 51
2657206 00
Business in Georgia during 1905
No Amount
Policies or certificates in force December 31 1904 2337 1970130 00
Policies or certificates written during the year 1905 858 82428100
Total 3195 279441100446 COMPTROLLERGENERALS REPORT
Deduct number and amount which have ceased to be
frSroecemb3ii905j ww q
Losses and claims on policies or certificates unpaid Decem
ber 31 1904
Losses and claims on policies or certificates incurred during
the year 1905
3515 00
Total
THE GATE CITY FIRE INSURANCE COMPANY OP GEORGIA
J L Caldwell President H B Cobb Secretary
Principal Office Temple Court Pryor and Alabama Streets Atlanta Ga
W1 Heywabd Atlanta Attorney for Service in Georgia
GUARANTY AID AND RELIEF SOCIETY OF GEORGIA
L E Williams President Walter S Scott Secretary
Principal Office 468 West Broad Street Savannah Ga
Sol C Johnson 116 St Julian Street West Savannah Attorney for Serv
ice in Georgia
IIINCOME DURING YEAR 1905
Gross amount paid by members to the Association or its
agents without deductions for commissions or other
expenses as follows
1 Membership fees
2 Annual dues
269 50
4085 71
Total paid by members
7 Cash received from all other sources viz Borrowed
money
Total income

IIIDISBURSEMENTS DURING TEAR 1905
1 Losses and claims
1740 12
Total paid to members
3 Commissions and fees retained by or paid to agents
4355 21
1000 00
5355 21
1740 12
1242 60COMPTROLLERGENERALS REPORT
5 Salaries and traveling expenses of managers of agencies
and general special and local agents
7 Salaries and other compensation of officers and other of
fice employees
8 Rent 25500 taxes 11300
10 Advertising 7900 blanks and printing 162
11 All other items viz Incorporation 13000 postage ana
incidentals 12266 paid on borrowed money 35000
Total disbursements
jVINVESTED ASSETS
6 Cash in office
8 Agents ledger balances
Total net or ledger assets
VCONTINGENT ASSETS
19 Annual payments or premiums due and
unpaid on memberships in force
20 Annual payments or premiums in process
of collection not yet due
368 55
7460 80
21 Total due from members
22 Deduct estimated cost of collection
1
7829 35
1957 34
23 Net amount due from members
24 All other assets viz Cash in office
Total assets
VILIABILITIES
8 To officers or others for advances on account of expenses
of organization
447
809 80
264 00
368 00
241 15
602 66
5268 33
86 88
368 55

Total liabilities
Business in Georgia during 1905
Policies or certificates written during the year1906 3918
Suet number and amount which have ceased to be
No
force during 1905
Total policies in force December 81
1905 2233
Losses and claims c
u policies or certificates incurred
during the year 905
518
Losses and claims on policies or certificates paid
during the year 1905
455 43
5872 01
86 88
5958
650 00
650 00
Amount
88248 50
34663 50
53585 00
1740 12
1740 12448
COMPTROLLERGENERALS REPORT
GEORGIA MUTUAL PIRE INSURANCE COMPANY OP GEORGIA
S Wilson President T m
W M Wilson Secretary
W M Wilson Atlanta Attorney for Service in Georgia
GEORGIA INDUSTRIAL INSURANCE COMPANY OP GEORGIA
M C Wilcox President T
J Browne Secretary
Principal Office 418 Temple Court Atlanta Ga
W I Heywabd Atlanta Attorney for Service in Georgi
gia
IIINCOME DUBING YEAR 1905
Gross amount paid by members to the Association or its
agents without deductions for commissions or other
expenses as follows
2 Annual dues premiums 2 828 26
Total paid by members
SlTr0 S rriedover3
Total income
HIDISBURSEMENTS DUBINO YEAR 1905
1 Losses and claims
906 imi
managers of agencies
Total paid to members
4 nd feeS M cers and
5 Salaries and traveling expenses of
and general special and local agents
7 stLCTcompensof fflSandothe
8 Rent 24000 taxes 17 92
10 Ajlvertisin 6000 bankg
11 All other items viz Postage 11395 telegraph and tt
cense fees 7500 p na u
Total disbursements
IVINVESTED ASSETS
6 Cash in office and treasurers hands
Total net or ledger assets
2828 26
375 98
3204 24
906 00
1136 18
65 00
225 00
257 92
314 60
188 95
3093 65
110 59
110 59COMPTROLLERGENERALS REPORT 449
VCONTINGENT ASSETS
16 Due from members for claims not yet as
sessed as per bylaws 46628 20
22 Deduct estimated cost of collection 250 00
23 Net amount due from members 46378 20
Total assets 46788 79
VILIABILITIES
2 Losses in process of adjustment or adjusted and not due
number of claims 3 950 00
4 Losses resisted by the company number of claims 6
policies are void no liability 2650 00
Total liabilities 3600 00
Business in Georgia during 1905
t
No Amount
Policies or certificates in force December 31 1903 230 154130 00
Policies or certificates written during the year 1904 490 405028 50
Total 720 559158 50
Deduct number and amount which have ceased to be
in force during 1904 282 243312 00
Total policies in force December 31 1904 438 315846 50
Losses and claims on policies or certificates incurred
during the year 1904 7 950 00
Losses and claims on policies or certificates paid
during the year 1904 3 906 00
THE GREAT SOUTHERN HOME INDUSTRIAL ASSOCIATION OF
ALABAMA
W L Laudekdale President E D Coleman Secretary
Principal Office 1729 Third Avenue Birmingham Ala
W L Dickson Atlanta Attorney for Service in Georgia
ibalance sheet
Amount of net or ledger assets December 31 of previous
year
29 in
14257 80450
COMPTROLLERGENERALS REPORT
IIINCOME DURING YEAR 1905
Gross amount paid by members to the Association or its
agents without deductions for commissions or other
expenses as follows
1 Membership fees 3270 08
2 Annual dues 26914 32
Total paid by members
5 Interest and rents
Total income
30184 40
564 00
30748 40
IIIDISBURSEMENTS DURING YEAR 1905
1 Losses and claims 14244 25
Total paid to members
45 Commissions and fees retained by or paid to agents
4 Commissions and fees retained by or paid to officers and
directors
8 Rent 115100 taxes 5000
10 Advertising and printing
11 All other items viz Anniston bonds bought 500000
office furniture 100000 legal expenses 35000 li
cense 21700 total
14244 25
6626 25
2004 00
1201 00
350 00
6567 00
Total disbursements
30992 50
IVINVESTED ASSETS
1 Cost value of real estate in cash exclusive of all incum
brances
6 Cash in office
7 Cash deposited in banks on reserved fund account Ala
bama Penny Savings Bank
All other deposits Anniston bonds bought deposited
with the State Treasurer insurance department
8 Agents ledger balances
9 All other ledger assets viz Furniture
15500 00
450 00
505 25
6000 00
8500 00
1575 75
Total net or ledger assets
30044 70
VCONTINGENT ASSETS
12 Interest due
13 Rents due
14 Market value of real estate over cost
15 Market value of bonds and stocks over cost
64 00
500 00
15500 00
6000 00COMPTROLLERGENERALS REPORT
19 Annual payments or premiums due and
unpaid on memberships in force 1300 00
20 Annual payments or premiums in process
of collection not yet due 51500 00
21 Total due from members 52800 00
22 Deduct estimated cost of collection 10560 00
23 Net amount due from members
VlLIABILITIES
6 For salaries rents and office expenses
8 To officers or others for advances on account of expenses
of organization
Total liabilities
Business in the State of Georgia during 1905
No
Policies or certificates written during the year 1905 6312
Deduct number and amount which have ceased to be
in force during 1905 1241
Total policies in force December 31 1905 5071
Losses and claims on policies or certificates incurred during
the year 1905
Losses and claims on policies or certificates paid during the
year 1905
451
42240 00
500 00
300 00
800 00
Amount
684 84
176 50
508 34
1950 75
1950 75
THE GEORGIA COOPERATIVE FIRE ASSOCIATION OF GEORGIA
W F Reid President Edw A Smith Secretary
Principal Office Southern Bank Building Savannah Ga
Robt M Hitch Savannah Attorney for Service in Georgia
IBALANCE SHEET
Amount of net or ledger assets December 31 of previous
year 357 44
IIINCOME DURING YEAK 1905
Gross amount paid by members to the Association or its
agents without deductions for commissions or other
expenses as follows
1 Membership fees annual dues and assess
ments class B C and D 18149 23
Total paid by members 18149 23452
COMPTROLLERGENERALS REPORT
5 Ledger accounts
6 Other items
7 Bills payable
Total income
IIIDISBURSEMENTS DURING YEAR 1905
1 Losses and claims 3703 08
Total paid to members
3 Commissions and fees retained by or paid to agents
4 Commissions and fees retained by or paid to officers and
directors ledger accounts
5 Salaries and traveling expenses of managers of agencies
and general special and local agents and attorneys
7 Salaries and other compensation of officers and other of
fice employees
8 Rents and taxes
10 Sundry bills 40042 blanks and printing 21578
11 All other items viz Bills payable
15 00
198 51
300 00
18662 74
3703 08
8747 85
779 47
1206 66
1828 29
726 19
616 20
450 00
Total disbursements
18057 74
IVINVESTED ASSETS
1 Cost value of real estate in cash exclusive of all incum
brances
6 Cash in office and banks Chatham and Commercial
All other deposits notes
8 Agents ledger balances
9 All other ledger assets viz Charter and office fixtures
60000 material 50000
50 00
792 66
169 78
821 47
1100 00
Total net or ledger assets
2933 91

VCONTINGENT ASSETS
18 Mortuary assessments not yet due B
weekly 5522 40
19 Annual payments or premiums due and
unpaid on memberships in force C
monthly 15097 80
20 Annual payments or premiums in process
of collection not yet due D yearly 3685 27
21 Total due from members 24305 47
22 Deduct estimated cost of collection 4861 08
23 Net amount due from members
Total assets
19444 39
22388 30
COMPTROLLERGENERALS REPORT 453
VILIABILITIES
7 Bills payable 300 00
Total liabilities
Business in Georgia during 1905
No
B weekly 992
C monthly 1928
D yearly 482
Losses and claims on policies or certificates incurred
during the year 1905 49 3703 08
Losses and claims on policies or certificates paid
during the year 1906 49 3703 08
300 00
Amount
106 20
1258 15
3685 27
GEORGIA LIVE STOCK INSURANCE COMPANY OP GEORGIA
R N Poston President Jas J Roberts Secretary
Principal Office Corner Love Avenue and Second Street Tifton Ga
Jas J Roberts Tifton Attorney for Service in Georgia
IIINCOME DURING YEAR 1905
Gross amount paid by members to the Association or its
agents without deductions for commissions or other
expenses as follows
1 Membership fees 161 25
Total paid by members 161 25
7 Cash received from all other sources viz Paid in by in
corporated 200 00
Total income
361 25
IIIDISBURSEMENTS DURING YEAR 1905
3 Commissions and fees retained by or paid to agents
7 Salaries and other compensation of officers and other of
fice employees
8 Rent 1500 taxes 4000
10 Advertising 510 blanks and printing 4250
11 All other items viz Charter fee 10000 office fixtures
and postage 3040
80 63
30 00
55 00
47 60
130 40
Total disbursements
343 63454 COMPTROLLERGENERALS REPORT
IVINVESTED ASSETS
7 Cash deposited in bank Citizens Bank of Tifton 17 62
Total net or ledger assets 17 62
VILIABILITIES
8 To officers or others for advances on account of expenses
of organization 200 00
Total liabilities
Business in Georgia during 1905
No
Policies or certificates written during the year 1905 39
Deduct number and amount which have ceased to be
in force during 1905 1
Total policies in force December 31 1905 38 5155 00
200 00
Amount
5255 00
100 00
HOME FRIENDLY SOCIETY OF MARYLAND
Geo A Chase President B L Taliky Secretary
Principal Office Austell Building Atlanta Ga
Geo L DeGant Atlanta Attorney for Service in Georgia
IBALANCE sheet
Amount of net or ledger assets December 31st of previous
year 4448159
IIINCOME DURING TEAR 1905
Gross amount paid by members to the Association or its
agents without deductions for commissions or other
expenses as follows
1 Membership fees 809 56
3 Assessments 290434 38
4 For duplicates 3820 stationery 23592 274 12
Total paid by members 291518 06
5 Interest 392 00
6 Rents 60 00
7 Cash received from all other sources viz Advance to
agents repaid 83826 agents bonds 41600 from in
surance on building burned 04 255000 3804 26
Total income 295774 32COMPTROLLERGENERALS REPORT
455
IIIDISBURSEMENTS DUKING YEAH 1905
1 Losses and claims 140339 31
2 Annual payments and assessments re
turned to members 2012 65
Total paid to members
3 Commissions and fees retained by or paid to agents
5 Salaries and traveling expenses of managers of agencies
and general special and local agents
6 Medical examiners fees whether paid direct by members
or otherwise
7 Salaries and other compensation of officers and other of
fice employees
8 Rent 192000 taxes 194899
9 Advanced to officers and agents to be repaid out of future
salaries or commissions
10 Advertising blanks and printing
11 All other items viz Postage 54375 expenseaccount
421828 real estate 150761 furniture 17970 in
terest 30960 attorney fees 22500 agents bonds re
turned 19100
Cost value of real estate in cash exclusive
of all incumbrances
Cost value of bonds and stocks owned ab
solutely
Cash in office
Cash deposited in banks Old Town
Bank 932399 American Bonding and
Trust Co 101018 on deposit at agen
cies 251018 total
8660 00
29476 85
9816 69
12844 35
Total net or ledger assets
VCONTINGENT ASSETS
12 Interest due 20350 and accrued 22516
13 Balance due on fire insurance
14 Market value of real estate over cost
15 Market value of bonds and stocks over cost
17 Mortuary assessments due and unpaid
on memberships in force
22 Deduct estimated cost of collection
4299 75
644 95
23 Net amount due from members
Total assets
142351 96
61604 59
29483 00
2345 50
27807 04
3868 99
926 14
3895 44
7174 94
Total disbursements 279458 20
IVINVESTED ASSETS
60797 71
428 66
3875 00
16750 00
168 65
3654 80
85674 82456 COMPTROLLERGENERALS REPORT
VILIABILITIES
1 Losses due and unpaid number of claims 2 2000 00
2 Losses in process of adjustment or adjusted and not due
number of claims 2 1000 00
Total liabilities 3000 00
Business in Georgia during 1905
No Amount
Policies or certificates in force December 31 1904 3936 275520 00
Policies or certificates written during the year 1905 3138 219590 00
Total 7074 495110 00
Deduct number and amount which have ceased to be
in force during 1905 1464 97470 00
Total policies in force December 31 1905 5610 397640 00
Losses and claims on policies or certificates incurred
during the year 1905 3369 13956 51
Losses and claims on policies or certificates paid
during the year 1905 3368 13456 51
INDUSTRIAL LIFE AND HEALTH INSURANCE CO OP GEORGIA
John N McEacherk President I M Sheffield Secretary
Principal Office 503 Austell Building Atlanta Ga
Walter McElreath 518 Peters Building Atlanta Attorney for Service
in Georgia
1halaxci sheet
Amount of net or ledger assets December 31st of previous
year f 17758 22
IIINCOME DIKING YEAR 1905
Gross amount paid by members to the Association or its
agents without deductions for commissions or other
expenses as follows
1 Membership fees 11065 95
2 Annual dues 342249 95
Total paid by members 353315 90
5 Interest 260 00
Total income 353575 90COMPTROLLERGENERALS REPORT
457
IIIDISBURSEMENTS DURING YEAB 1905
1 Losses and claims Death 2055915
sick 9111625 111675 40
2 Annual payments and assessments re
turned to members 3390 75
Total paid to members
3 Commissions and fees retained by or paid to agents
4 Commissions and fees retained by or paid to officers and
directors
5 Salaries and traveling expenses of managers of agencies
and general special and local agents
6 Medical examiners fees whether paid direct by members
or otherwise
7 Salaries and other compensation of officers and other
office employees
8 Rent 521619 taxes 522846
10 Advertising 320394 blanks and printing 236464
11 All other items viz Postage and exchange 158233
Furniture 160647 attorney fees 36928 fuel 232
27 sundries 63837 total
Total disbursements
IVINVESTED ASSETS
5 Cost value of bonds and stocks owned absolutely
6 Cash in office
7 Cash deposited in banks Third National Bank Atlanta
214088 Carolina Trust Co Raleigh N C 50000
9 All other ledger assets viz Loan Ga Loan Co
Total net or ledger assets
VCONTINGENT ASSETS
12 Interest due and accrued
15 Market value of bonds and stocks over cost
19 Annual payments or premiums due and
unpaid on memberships in force 3500 00
20 Annual payments or premiums in process
of collection payable weekly not yet due 168000 00
21 Total due from members 171500 00
22 Deduct estimated cost of collection 20 per
cent 34300 00
23 Net amount due from members
24 All other assets viz Furniture 740600 books and
blanks 200000
Total assets
115066 15
150052 90
42125 22
6721 02
1 00
5160 00
10444 05
5568 58
4428 72
339568 24
25000 00
125 00
2640 88
4000 00
31765 88
200 00
1127 40
137200 00
9406 00
179699 28458 COMPTROLLERGENERALS REPORT
VILIABILITIES
9 Amount of liability Printing 1725 00
Total liabilities 1725 00
Business in Georgia luring 1905
No Amount
Policies or certificates in force December 31 1904 37635 909240 00
Policies or certificates written during the year 1905 37757 934925 00
Total 75392 1S53165 00
Deduct number and amount which have ceased to be
in force during 1905 36984 924500 00
Total policies in force December 31 190538408 928665 00
THE MUTUAL FIRE INSURANCE COMPANY OF CORDELE GA
M J Morris President J G Portes Secretary
Principal Office Pounds Building Cordele Ga
W H Dorris Cordele Attorney for Service in Georgia
IBALANCE SHEET
Amount of net or ledger assets December 31st of previous
year 2226 24
IIINCOME DURING YEAR 1905
Total paid by members 2226 24
Total income 2226 24
IIIDISBURSEMENTS DURING YEAR 1905
1 Losses and claims 500 00
Total paid to members 500 00
3 Commissions and fees retained by or paid to agents 556 56
4 Commissions and fees retained by or paid to officers and
directors 280 00
5 Salaries and traveling expenses of managers of agencies
and general special and local agents traveling ex
penses 170 73
8 Rent 4 00
9 Advanced to officers and agents to be repaid out of future
salaries or commissions 92 501964 55
100 00
161 69
COMPTROLLERGENERALS REPORT 459
10 Advertising 2400 blanks and printing 32523 349 23
11 All other items viz Attorney fees 67 53
Total disbursements
IVINVESTED ASSETS
7 Cash deposited in bank Cordele National Bank Cordele
Ga
All other deposits Cordele National Bank Cordele Ga
Total net or ledger assets
Business in Georgia during 190o
No
Policies or certificates in force December 31 1905 500
Policies or certificates written during the year 1905 505
Deduct number and amount which have ceased to be
in force during 1905 5 40 50
Total policies in force December 31 1905 500
Losses and claims on policies or certificates incurred
during the year 1905 500 00
Losses and claims on policies or certificates paid
during the year 1905 500 00
261 69
Amount
2226 24
MUTUAL LIVE STOCK INSURANCE COMPANY OF GEORGIA
G E Deadwyler Jr President
M M Stephen sou Athens Attorney for Service in Georgia
METROPOLITAN MUTUAL BENEFIT ASSOCIATION OF GEORGIA
P Sheridan Ball President L C Collins Secretary
Principal Office 47 East Hunter St Atlanta Ga
W A Wright Atlanta Attorney for Service in Georgia
1balance sheet
Amount of net or ledger assets December 31st of previous
year 245 75
11income during year 1905
Gross amount paid by members to the Association or its
agents without deductions for commissions or other
expenses as follows
1 Membership fees 4850 20
2 Annual dues 15500 05
Total paid by members 20350 25
I460
COMPTROLLERGENERALS REPORT
7 Cash received from all other sources viz Metropolitan
Mercantile and Realty Company
Total income
IIIDISBURSEMENTS DURING YEAB 1905
1 Losses and claims 7980 25
Total paid to members
3 Commissions and fees retained by or paid to agents
4 Commissions and fees retained by or paid to officers and
directors
5 Salaries and traveling expenses of managers of agencies
and general special and local agents
7 Salaries and other compensation of officers and other
office employees
8 Rent 62600 taxes 43500
10 Advertising 23000 blanks and printing 52091
11 All other items viz Bonds City of Atlanta fuel lights
and telephone
5000 00
25350 25
7980 25
5005 07
1835 02
1500 00
1640 00
1061 00
750 91
5263 00
Total disbursements
25035 25
IVINVESTED ASSETS
5 Cost value of bonds and stocks owned absolutely
6 Cash in office
7 Cash deposited in banks Metropolitan Mercantile and
Realty Company Savings
Total net or ledger assets
5200 00
60 75
500 00
5760 75
VCONTINGENT ASSETS
19 Annual payments or premiums due and
unpaid on memberships in force 13500 05
21 Total due from members 13500 05
22 Deduct estimated cost of collection 4050 01
23 Net amount due from members 9450 04
Total assets 15210 79
VILIABILITIES
7 Borrowed money 5000 00
Total liabilities 5000 00COMPTROLLERGENERALS REPORT 461
Business in the State of Georgia during 1905
No Amount
Policies or certificates in force December 31 1904 4900 122500 00
Policies or certificates written during the year 1905 7383 184575 00
Total 12283 307075 00
Deduct number and amount which have ceased to be
in force during 1905 1106 27650 00
Total policies in force December 31 190511177 279425 00
Losses and claims on policies or certificates incurred
during the year 1905 3350 7980 25
Losses and claims on policies or certificates paid
during the year 1905 3350 7980 25
MACON LIVE STOCK INSURANCE COMPANY OP GEORGIA
W B Hattaway President
F P Mansfield Secretary
Principal Office Exchange Bank Building Corner Third and Cherry Streets
Macon Ga
P P Mansfield 26 and 27 Exchange Bank Macon Attorney for Service in
Georgia
MUTUAL BENEFIT LIFE INSURANCE COMPANY OF GEORGIA
Allen V Simms President
Lowndes W Shaw Secretary
IIINCOME DURING YEAR 1905
Gross amount paid by members to the Association or its
agents without deductions for commissions or other
expenses as follows
1 Membership fees 16241 00
2 Annual dues 2561 50
3 Assessments 5706 30
Total paid by members
Total income
IIIDISBURSEMENTS DURING YEAR 1905
1 Losses and claims 4962 00
Total paid to members
3 Commissions and fees retained by or paid to agents
24508 80
24508 80
4962 00
8120 75462 COMPTROLLERGENERALS REPORT
4 Commissions and fees retained by or paid to officers and
directors
5 Salaries and traveling expenses of managers of agencies
and general special and local agents
7 Salaries and other compensation of officers and other
office employees
10 Advertising 60000 blanks and printing 75000
11 All other items viz License municipal 9000 paid In
surance Department of Georgia 10250 of Alabama
10100
Total disbursements
t
IVINVESTED ASSETS
7 Cash deposited in banks Valdosta 58000 Nashville
52000 Quitman 70000 Moultrie 10000 Bain
bridge 40000 Dawson 30000 total
All other deposits Citizens Bank Valdosta
9 All other ledger assets viz Office fixtures and furniture
Total net or ledger assets
Business in Georgia during 1905
No
Policies or certificates written during the year 1905 3247
Losses and claims on policies or certificates incurred
during the year 1905 14
Losses and claims on policies or certificates paid
during the year 1905 14
744 30
620 00
1370 00
1350 00
203 50
17460 55
2300 00
3660 00
668 25
6928 25
Amount
14611 50
4959 00
4959 00
MUTUAL LIFE INDUSTRIAL ASSOCIATION OF GEORGIA
Jas L Webb President Jno A Dabwin Secretary
Principal Office 15 College Avenue Athens Ga
IBALANCE SHEET
Amount of net or ledger assets December 31st of previous
year 55514 61
IIINCOME DURING YEAR 1905
Gross amount paid by members to the Association or its
agents without deductions for commissions or other
expenses as follows
1 Membership fees 63701 SO
2 Annual dues 17516 25
3 Assessments 150804 10
Total paid by members 232022 15
Total income 232022 15COMPTROLLERGENERALS REPORT
IIIDISBURSEMENTS DURING YEAR 1905
1 Losses and claims 131134 00
463
Total paid to members 131134 00
3 Commissions and fees retained by or paid to agents 47835 64
4 Commissions and fees retained by or paid to officers and
directors 19670 10
5 Salaries and traveling expenses of managers of agencies
and general special and local agents 7604 59
7 Salaries and other compensation of officers and other
office employees 6362 42
8 Rent 24996 taxes 77079 1020 75
10 Advertising 129823 blanks and printing 159206 2890 29
11 All other items viz Postage 174024 express 11719
exchange 1089 all other expense 964932 11517 64
Total disbursements 228035 43
IVINVESTED ASSETS
5 Cost value of bonds and stocks owned absolutely
6 Cash in office and Ga Nat Bank
7 Cash deposited in other banks
8 Agents ledger balances
Total net or ledger assets
20000 00
4400 14
33779 00
1322 19
59501 33
VCONTINGENT ASSETS
15 Market value of bonds and stocks over cost
Total assets
Business in Georgia during 1905
No
Policies or certificates in force December 31 1904 23257
Policies or certificates written during the year 190511631
Total 34888
Deduct number which have ceased to be in force
during 1905 7644
4000 00
63501 33
Total policies in force December 31 190527244 15437457 00
Losses and claims on policies or certificates incurred
during the year 1905 114731 00
Losses and claims on policies or certificates paid
during the year 1905 114731 00464
COMPTROLLERGENERALS REPORT
MUTUAL FIRE INDEMNITY ASSOCIATION OF GEORGIA
Geo S Murphy President A H Merry Secretary
Principal Office Dyer Building 802 Broad St Augusta Ga
Geo S Mubphey Augusta Attorney for Service in Georgia
IBALANCE SHEET
Amount of net or ledger assets December 31st of previous
year 10825 17
IIINCOME DURING YEAR 1905
Gross amount paid by members to the Association or its
agents without deductions for commissions or other
expenses as follows
3 Assessments 2159 06
Total paid by members 2159 06
5 Interest 172 43
Total income 2331 49
IIIDISBURSEMENTS DURING YEAR 1905
2 Annual payments and assessments re
turned to members 426 00
Total paid to members 426 00
4 Commissions and fees retained by or paid to officers and
directors 239 65
8 Taxes 179 00
11 All other items viz Sinking fund 743 18
Total disbursements 1587 83
IVINVESTED ASSETS
7 Cash deposited in banks Planters Loan and Savings
Bank 198367 bills receivable 465000 6633 67
All other deposits Set aside for reserve fund and loaned
on real estate deeds 4935 16
Total net or ledger assets 11568 83
VILIABILITIES
9 Amount of all liability viz Premiums paid for ad
vanced assessments 600 00
Total liabilities 600 00
Business in Georgia during 1905
No Amount
Policies or certificates in force December 31 1905 63 113050 00COMPTROLLERGENERALS REPORT
465
PILGRIM HEALTH AND LIFE INSURANCE COMPANY OF GEORGIA
A B Powell President Thomas J Walkee Secretary
Principal Office 11111113 Ninth Street Augusta Ga
W A Wright Atlanta Attorney for Service in Georgia
IIINCOME DURING YEAR 1905
Gross amount paid by members to the association or its
agents without deductions for commissions or other ex
penses as follows
1 Membership fees 1044 00
2 Annual dues 15660 10
Total paid by members
Total income
IIIDISBURSEMENTS DURING YEAR 1905
1 Losses and claims 5568 03
Total paid to membersf
3 Commissions and fees retained by or paid to agents
4 Commissions and fees retained by or paid to officers and
directors
5 Salaries and traveling expenses of managers of agencies
and general special and local agents
7 Salaries and other compensation of officers and other
office employees
8 Rent 20306 taxes 17500
10 Advertising 8300 blanks and printing 16500
11 All other items viz Office furniture and fixtures 200
30 postage and expressage 18655
Total disbursements
IVINVESTED ASSETS
5 Cost value of bonds and stocks owned absolutely
6 Cash in office
7 Cash deposited in banks IrishAmerican Bank
8 Agents ledger balances
Total net or ledger assets
19 Annual payments or premiums due and
unpaid on memberships in force
20 Annual payments or premiums in process
of collection not yet due
923 77
28760 10
16704 10
16704 10
5568 03
5782 18
417 60
2784 00
835 20
378 06
248 00
386 45
16399 52
5200 00
100 00
204 58
923 77
6428 35
30 in466 COMPTROLLERGENERALS REPORT
21 Total due from members 29683 87
22 Deduct estimated cost ot collection 5936 77
23 Net amount due from members 23747 10
24 All other assets viz Cash in office and bank 304 58
Total assets 24051 68
VILIABILITIES
9 Amount of all other liability viz Printing 175 00
Total liabilities 175 00
Business in Georgia during 1905
No Amount
Policies or certificates in force December 31 1905 14769 295380 00
Policies or certificates written during the year 190514769 295380 00
Total 14769 2953S0 00
Deduct number and amount which have ceased to be
in force during 1905 1860 37200 00
Total policies in force December 31 190512909 258180 00
Losses and claims on policies or certificates incurred
during the year 1905 5568 03
Losses and claims on policies or certificates paid
during the year 1905 5568 03
SOUTH GEORGIA FARMERS FIRE INSURANCE ASSOCIATION
N R Spengler President Robert Alexander Secretary
Principal Office Thomasville Ga
E L Neel Thomasville Attorney for Service in Georgia
IIINCOME DURING YEAR 1905
Gross amount paid by members to the Association or its
agents without deductions for commissions or other
expenses as follows
1 Membership fees 96 98
3 Assessments 343 50
Total paid by members 440 48
7 Cash received from all other sources 156 00
Total income 596 48COMPTROLLERGENERALS REPORT 457
IIIDISBURSEMENTS DURING YEAR 1905
1 Losses and claims 300 00
4 Commissions and fees retained by or paid to officers and
directors 42 16
7 Salaries and other compensation of officers and other of
fice employees 54 80
10 Advertising 1800 blanks and printing 300 21 00
11 All other items viz Charter and license 14340 certi
fied copy charter 250 145 90
Total disbursements 563 86
IVINVESTED ASSETS
6 Cash in office 32 62
Total net or ledger assets 32 62
VILIABILITIES
2 Losses in process of adjustment or adjusted and not due
number of claims 5 345 00
Total liabilities 345 00
Business in Georgia during 1905
No Amount
Policies or certificates in force December 31 1905 421 400000 00
Policies or certificates written during the year 1905 21 17815 00
Total policies in force December 31 1905 421 400000 00
Losses and claims on policies or certificates unpaid Decem
ber 31 1905 43 50
Losses and claims on policies or certificates incurred during
the year 1905 645 00
Total 688 50
Losses and claims on policies or certificates paid during the
year 1905 300 00468
COMPTROLLERGENERALS REPORT

SOUTHERN LIVE STOCK INSURANCE COMPANY OP GEORGIA
W C Willis President J C Wilkinson Secretary
Principal Office Valdosta Ga
iiincome during teak 1905
Gross amount paid by members to the Association or its
agents without deductions for commissions or other
expenses as follows
1 Membership fees 3743 00
2 Annual dues
3 Assessments
Total paid by members
304 00
Total income
IIIDISBURSEMENTS DURING YEAR 1905
1 Losses and claims 500 00
Total paid to members
3 Commissions and fees retained by or paid to agents
5 Traveling expenses of managers
7 Salaries and other compensation of officers and other of
fice employees
8 Rent
10 Advertising 6489 blanks and printing 29650
11 All other items viz Furniture and fixtures 21382
postage 10018 State license 5500 freight and ex
press 3187 general expense including charter 171
96 total
Total net or ledger assets
VCONTINGENT ASSETS
16 Due from members for claims not yet as
sessed
20 Annual payments or premiums in process
of collection not yet due
200 00
474 00
4803 00
4803 00
500 00
638 00
59 56
411 34
30 00
361 39
572 83
Total disbursements 3573 12
IVINVESTED ASSETS
6 Cashin officeI 00 00
7 Cash deposited in banks on reserved fund account First
National Bank Valdosta Ga L229 88
1529 88
23 Net amount due from members
674 002766 88
478 64
662 24
COMPTROLLERGENERALS REPORT 469
24 All other assets viz Supplies 35000 furniture and
fixtures 21300 563 00
Total assets
VILIABILITIES
6 For salaries rents and office expenses
7 Borrowed money
Total liabilities
Business in Georgia during 1905
No
Policies or certificates written during the year 1905 1400
Deduct number and amount which have ceased to be
in force during 1905 270
Total policies in force December 31 1905 1130
Losses and claims on policies or certificates incurred
during the year 1905 5 500 00
Losses and claims on policies or certificates paid
during the year 1905 5 500 00
1140 88
Amount
SOUTHERN MUTUAL LIFE INSURANCE ASSOCIATION OF GEORGIA
A D Candler President Thos C Candler Secretary
Principal Office 305 and 306 Century Building Atlanta Ga
Allen D Candler Atlanta Attorney for Service in Georgia
1balance sheet
Amount of net or ledger assets December 31 of previous
year 9355 56
IIINCOME DURING YEAR 1905
Gross amount paid by members to the Association or its
agents without deductions for commissions or other
expenses as follows
1 Membership fees 31895 59
2 Annual dues 6919 66
3 Assessments 61619 40
Total paid by members 100434 65
Total income 100434 65470 COMPTROLLERGENERALS REPORT
IIIDISBURSEMENTS DUBING YEAB 1905
1 Losses and claims 54725 00
Total paid by members
3 Commissions and fees retained by or paid to agents
4 Commissions cost of collecting assessments
5 Salaries and traveling expenses of managers of agencies
and general special and local agents
7 Salaries and other compensation of office employees
8 Rent 42000 taxes 62785
9 Advanced agents to be repaid out of future salaries or
commissions
10 Advertising 71005 blanks and printing 52145
11 All other items viz Exchange 1901 postage 1542
28 supplies 15189 other items 37716 compensa
tion of officers 269911 total
54725 00
15458 13
8304 60
3932 27
3614 25
1047 85
415 53
1231 50
4789 45
Total disbursements
93518 58
IVINVESTED ASSETS
5 Cost value of bonds and stocks owned absolutely 55676 37
6 Cash in office of treasurer 6433 26
7 Cash deposited in mortuary fund account In hands of
branch treasurers deposited in local banks 12033 00
Total net or ledger assets
VILIABILITIES
8 To officers or others for advances on account of expenses
of organization
9 Amount of all other liability viz Agents balances
74142 63
1750 00
444 63
Total liabilities
2194 63
Business in Georgia during 190o
No
Policies or certificates in force December 31 1904 7244
Policies or certificates written during the year 1905 7507
Amount
1919430 00
2102977 00
Total14751 4022407 00
Deduct number and amount which have ceased to be
in force during 1905 3146 729028 00
Total policies in force December 31 190511605 3293379 00
Losses and claims on policies or certificates incurred
during the year 1905 118 54725 00
Losses and claims on policies or certificates paid
during the year 1905 118 54725 00COMPTROLLERGENERALS REPORT
471
SUNLIGHT INSURANCE COMPANY OF GEORGIA
S J Sheffield President E Y Crockett Secretary
Principal Office 221 Peoples Building Atlanta Ga
Walteb McElreath 518 Peters Building Atlanta Attorney for Service in
Georgia
IBALANCE SHEET
Amount of net or ledger assets May 1 1905
IIINCOME DURING YEAB 1905
Gross amount paid by members to the Association or its
agents without deductions for commissions or other
expenses as follows
Membership fees 88 60
2 Annual dues
675 75
Total paid by members
Total income
IIIDISBURSEMENTS DURING TEAR 1905
3 Commissions and fees retained by or paid to agents
7 Salaries and other compensation of officers and other of
fice employees
8 Rent 5150 taxes 4300
10 Blanks and printing
Total net or ledger assets
VCONTINGENT ASSETS
19 Annual payments or premiums due and
unpaid on memberships in force 111 75
20 Annual payments or premiums in process
of collection not yet due 2496 00
21 Total due from members 2607 75
22 Deduct estimated cost of collection 25 per
cent 651 94
280 90
764 35
764 35
334 37
257 00
94 50
86 34
Total disbursements 772 21
IVINVESTED ASSETS
6 Cash in office 42 14
7 Cash deposited in banks on reserved fund account
Fourth National Bank Atlanta Ga 250 00
273 04472 COMPTROLLERGENERALS REPORT
23 Net amount due from members 1955 81
24 All other assets viz Office furniture 3000 books and
blanks 7500 total 105 00
Total assets
Business in Georgia during 1905
No
Policies or certificates written during the year 1905 628
Deduct number and amount which have ceased to be
in force during 1905 235
Total policies in force December 31 1905 393 48800 00
2333 85
Amount
88600 00
39800 00
SOUTHERN LIFE AND HEALTH INSURANCE COMPANY OP GEORGIA
W H Hallman President H D Sorrells Secretary
Principal Office 511 Temple Court Building Atlanta Ga
Walter McElreath 518 Peters Building Atlanta Attorney for Service in
Georgia
IBALANCE SHEET
Amount of net or ledger assets May 24 1906 5500 00
IVINVESTED ASSETS
5 Cost value of bonds and stocks owned absolutely 5000 00
7 Cash deposited in bank Third National Bank of Atlanta 500 00
Total net or ledger assets 5500 00
VCONTINGENT ASSETS
24 All other assets viz Office furniture and fixtures in of
fice at 511 Temple Court Building Atlanta 12500
printed matter and stationery in office 15000 total 275 00
Total assets 5775 00COMPTROLLERGENERALS REPORT
473
THE SOUTHERN LIFE INSURANCE COMPANY OP GEORGIA
J M Bell President L C Haye Secretary
Principal Office 212 Lee Street Dawson Ga
SOUTHERN COOPERATIVE LIVE STOCK INSURANCE COMPANY OF
ATHENS GEORGIA
Jno N Booth President
L J Gaissert Secretary
SOUTHEASTERN MUTUAL FIRE INSURANCE COMPANY OF MACON
GEORGIA
J E Mansfield President H E Harbison Secretary
Principal Office 26 and 27 Exchange Bank Building Macon Ga
F P Mansfield 26 and 27 Exchange Bank Corner Cherry and Third
Streets Macon Attorney for Service in Georgia
SOUTHERN MUTUAL LIVE STOCK ASSOCIATION OF ELBERTON GA
J H Blackwell President W D Seymore Secretary
Principal Office Corner Elbert and Oliver Streets Elberton Ga
UNION FIRE INSURANCE COMPANY ATLANTA GA
S C McEachern President J E Babb Secretary
Principal Office 25 Inman Building Atlanta Ga
Walter McElreath Atlanta Attorney for Service in Georgia
ICAPITAL
No capital stockpurely mutual Organized on the cooperative or mu
tual assessment plan
IIASSETS
12 Cash in companys principal office 500 00
Total cash items 500 00
VEXPENDITURES DURING THE YEAR
9 All other payments and expenditures viz Fee Secre
tary State for incorporation 10000 certificate of
authority agents license etc 4300 rent 1600
office furniture 10000 printing 10000 total 373 00474
COMPTROLLERGENERALS REPORT
UNION BENEFIT LIFE ASSOCIATION OF SAVANNAH GA
Julian Smith President Guo Jacobs Secretary
Principal Office No 20 State Street West Savannah
W B Stubbs SorrellBldg Savannah Attorney for Service in Georgia
IBALANCE SHEET
Cash on hand July 1st 1905
799 64
IIINCOME DURING YEAR 1905
3 Assessments
Total paid by members
7 Cash received from all other sources
viz Notes from bank
6371 96
6371 96
4125 00
Total income
IIIDISBURSEMENTS DURING YEAR 1905
1 Losses and claims
3 Commissions and fees retained by or paid to agents offi
cers and directors
8 Rent taxes commuted commissions advanced to officers
and agents to be repaid out of future salaries or com
missions
11 All other items viz Discount notes
10496 96
1102 16
3609 27
1162 IS
78 27
Total disbursements
IVINVESTED ASSETS
5 Cost value of bonds and stocks owned absolutely
7 Cash deposited in banks on reserved fund account
Chatham and Germania
9 All other ledger assets viz Charter if 100 00 office fur
niture and printing material 62740 total
Total net or ledger assets
5941 88
5180 00
174 72
727 40
6082 12
VCONTINGENT ASSETS
20 Annual payments or premiums in proc
ess of collection not yet due
21 Total due from members
22 Deduct estimated cost of collection
23 Net amount due from members
Total assets
16538 60
16538 60
2408 79
14129 81
20211 93COMPTROLLERGENERALS REPORT
VILIABILITIES
7 Borrowed money
Total liabilities
Business in Georgia during 1905
No
Policies or certificates written during the year3463
Deduct number and amount which have ceased to
be in force during 1905 340
Total policies in force December 31 1905 3123
Losses and claims on policies or certificates incurred and paid
during the year 1905
475
4125 00
4125 00
Amount
354 60
36 55
318 05
1102 16
UNION MUTUAL ASSOCIATION OF GEORGIA
T W Walker President Wm Dbiskell Secretary
Principal Office 212 Auburn Ave Atlanta Ga
H L Johnson 12J Piedmont Ave Atlanta Attorney for Service in Georgia
IBALANCE SHEET
Amount of net or ledger assets December 31st of previ
ous year
IIINCOME DURING YEAR 1905
1 Membership fees
2 Annual dues
173815
52963 17
Total paid by members
7 Cash received from all other sources viz
60 deficiency 60804
Revivals 251
Total income
2
3
4
5
10
IIIDISBURSEMENTS DURING YEAR 1905
Annual payments and assessments returned to members
Commissions and fees retained by or paid to agents
Commissions and fees retained by or paid to officers and
directors
Salaries and traveling expenses of managers of agencies
and general special and local agents
Salaries and other compensation of officers and other
office employees
Rent 100227 taxes 85120
Advertising 16455 blanks and printing 40939
259 40
54701 32
859 64
55560 96
20640 93
16112 41
1292 98
10318 68
3042 33
1853 47
573 94476
COMPTROLLERGENERALS REPORT
11 All other items viz Furniture 159833 expressage
2815 postage 28828 miscellaneous 38354
Total disbursements
IVINVESTED ASSETS
5 Cost value of bonds and stocks owned absolutely
6 Cash in office
All other deposits Alabama Penny Savings and Loan
Co Birmingham Ala
8 Agents ledger balances
1298 30
55133 04
5100 00
157 32
530 00
1854 05
Total net or ledger assets
VCONTINGENT ASSETS
15 Market value of bonds and stocks over cost
19 Annual payments or premiums due and
unpaid on memberships in force
20 Annual payments or premiums in process
of collection not yet due
1854 05
82401 80
21 Total due from members
22 Deduct estimated cost of collection
84255 85
16851 17
23 Net amount due from members
Furniture and fixtures
Total assetsf
VILIABILITIES
Borrowed money including 154501 interest due or ac
crued
Amount of all other liability viz Fixtures
Total liabilities
Business done in Georgia during 1905
No
Policies or certificates in force December 31 190513612
Polcies or certificates written during the year 1905 15146
Total28758
Deduct number and amount which have ceased to be
in force during 190516633
Losses and claims on policies or certificates incurred
during the year 1905io i0i
Losses and claims on ipolicies or certificates paid
during the year 1905q qq
7541 37
5100 00
67404 68
1650 00
74154 68
5645 00
108 84
5743 84
Amount
393258 35
412535 80
805794 15
415837 50
Total policies or certificates in force December
81i 190512125 389956 65
30830 93
30830 93COMPTROLLERGENERALS REPORT
477
UNITED LIVE STOCK INSURANCE COMPANY BAINBRIDGE GA
J C McCaskill President M B Hammond Secretary
ETNA INDEMNITY COMPANY OF HARTFORD CONN
Arthur P Heinze President Charles I Brooks Secretary
Home Office 36 Pearl Street Hartford Conn
Fair Dodd Atlanta Attorney for Service in Georgia
icapital stock
1 Amount of capital paid up
in cash 500000 00
2 Amount of ledger assets as per balance
December 31 of previous year
3 Increase of paidup capital during the
year
839365 87
125068 18
Extended at 964434 05
3
IIINCOME
Gross premiums unpaid December 31 last
year Fidelity 11229506 surety 55
67402 plate glass 1994288 burglary
and theft 5165656
Gross premiums written and renewed
during the year Fidelity 8048167
surety 31055137 plate glass 93
25524 burglary and theft 20612261
Total
Deduct gross premiums now in course of
collection Fidelity1481689 surety
7526092 plate glass 2186222 bur
glary and theft 53196 71
13956852
690410 89
829979 41
165136 74
4 Entire premiums collected during the
year Fidelity 7795984 surety 290
96447 plate glass 9133590 burgla
ry and theft 20458246
5 Deduct reinsurance return premiums and
cancellations Fidelity2075714 sure
ty 1859068 plate glass 1480303
burglary and theft 7668164
18 Total net cash actually received for premiums
664842 67
160835 49
504007 18478
COMPTROLLERGENERALS REPORT
21 Interest on bonds and dividends on stock
22 Interest from all other sources
19522 20
14316 54
24 Total interest and rents 33838 74
25 Profit on sale or maturity of ledger assets New York
Central Hudson River R R 4 per cent gold bonds
62500 Reading R R 1st preferred stock 70625
Southern Railway preferred stock 337E0 Southern
Pacific R K 1st cons 5 per cent gold bonds 5000 1718 75
From all other sources Miscellaneous income 220133
premium on increased capital stock carried to surplus
account 15008182 152283 15
30
36 Total income
691847 82
IIIDISBURSEMENTS
1 Gross amount paid for losses Fidelity
7927 97 surety 9867609 plate
glass 2935352 burglary and theft
58449 84 194407 42
2 Deduct salvage and reinsurance Fidel
ity 156498 surety 1025350 plate
glass 96814 burglary and theft 6
79259 19579 21
Total
14 Investigati n and adjustment of claims including legal
and other expenses in defense of suits against policy
holders viz Fidelity 329010 surety 2093980
burglary and theft 2479 94
18 Commissions or brokerage less amount received on re
turn premiums and reinsurance for the following
classes Fidelity 1043851 surety 5402640 plate
glass 2741920 burglary and theft 3386811
23 Salaries fees and all other compensation of officers and
home office employees
Salaries traveling and all other expenses of agents not
paid by commissions
Rents
All other taxes licenses and insurance department fees
31 Legal expenses not included in No 14
32 Advertising
33 Printing and stationery
34 Postage and express telephone telegraphetc
35 Furniture and fixtures
36 Loss on sale or maturity of ledger assets New York
City corporate stock
40 All other disbursements Traveling office and general
expenses
24
27
30
174828 21
26709 84
125752 22
84273 65
37367 43
19876 81
19651 12
18464 74
3717 51
16676 13
12612 12
1862 35
13 74
17020 80
45 Total disbursements 558826 67COMPTROLLERGENERALS REPORT
479
IVLEDGER ASSETS
2 Mortgage loans on real estate first liens 600 00
4 Book value of bonds excluding interest 37354125 and
of stocks 36512500 738666 25
5 Cash in companys office 606711 deposited in banks
34941020 355477 31
7 Other ledger assets Premium balances due from agents
31164 judgment secured by real estate valued over
incumbrances at 240000 2711 64
11 Ledger assets 1097455 20
NONLEDGER ASSETS
13 Interest due and accrued on bonds 4440 29
19 Gross premiums in course of collection viz
On policies or renewals issued subsequent
to October 1 1905 Fidelity 870497
surety 3780651 plate glass 17670
84 burglary and theft 1365909 107841 41
On policies or renewals issued prior to
October 1 1905 Fidelity 611192
surety 3745441 plate glass 1191 38
burglary and theft 9537 62 57295 33
Total 165136 74
34 Other nonledger assets viz Real estate at Depew
N Y taken as salvage prior to 1905 200 00
37 Gross assets 1267232 23
DEDUCT ASSETS NOT ADMITTED
43 Gross premiums in course of collection
written prior to October 1 1905 57295 33
44 Book value of ledger assets over market
value 14373 75
Total assets not admitted 71669 08
51 Admitted assets 1195563 15
VLIABILITIES
1 Losses and claims in process of adjust
ment Fidelity 50137 surety 28
75473 plate glass 198926 burglary
and theft 790524 39150 60
Reported proofs not received Burglary
and theft 5501 47
Resisted Fidelity 475000 surety 11
25000 burglary and theft 61150 16611 50
13 Total 61263 57
14 Deduct reinsurance 2434 87480
COMPTROLLERGENERALS REPORT
17 Total unpaid claims and expense of settlements 58828 70
18 Gross premiums less reinsurance upon
all unexpired risks running one year or
less from date of policy 521458 34 un
earned premiums 50 per cent 260729 17
19 Gross premiums less reinsurance upon
all unexpired risks running more than
one year from date of policy 31880614
unearned premiums pro rata 10582 69
20 Total unearned premiums 271311 86
21 Commissions brokerage and other charges due or to be
come due to agents or brokers on policies issued sub
sequent to October 1 1905 viz Fidelity 190180
surety902584 plate glass 432905 burglary and
theft 978232 25039 01
29 Return premiums 2648 57
30 Reinsurance 5 229 10
31 Other liabilities viz Miscellaneous 2180 33
39 Contingent fund voluntarily set aside by the company 100000 00
40 Total amount of liabilities except capital 465237 57
41 Capital actually paid up in cash 500000 00
42 Surplus over all liabilities 230325 58
43 Surplus as regards policyholders 730325 58
44 Total liabilities 1195563 15
Business in the State of Georgia during 1905
Fidelity Surety
Gross premiums received on
risks written or renewed
during the year 715 82 10053 13 S
Gross losses paid 178 61 455 65
Gross losses incurred 178 61 455 65
Plate
Glass
Burglaiy
anclTnett
481 28
209 32
209 32
392 22
1642 96
1642 96
AMERICAN BONDING COMPANY OF BALTIMORE MARYLAND
Gborge Catob President William E P Duvall Secretary
Home Office Equitable Building Baltimore Md
ICAPITAL STOCK
1 Amount of capital paid up in
cash 500000 00
2 Amount of ledger assets as per balance
December 31 1904 1642806 00
3 Decrease of paidup capital during the year 313887 95
3 Extended at 1328918 05COMPTROLLERGENERALS REPORT
481
IIINCOME
Gross premiums unpaid December 31 last
year Fidelity and surety 10745680
burglary and theft 151287f 108969 67
Gross premiums written and renewed dur
ing the year Fidelity and surety 716
80569 burglary and theft 8883603 805641 72
Total 91461139
Deduct gross premiums now in course of
collection Fidelity and surety 122
76374 burglary and theft 2331560 146079 34
Entire premiums collected during the
year Fidelity and surety 70149875
burglary and theft 6703330 768532 05
Deduct reinsurance return premiums and
cancellations Fidelity and surety 73
37932 burglary and theft 1396961 87348 93
18 Total net cash actually received for premiums
19 Interest on mortgage loans 1437 35
20 Interest on collateral loans 799 51
21 Interest on bonds and dividends on stocks 52214 42
23 Gross rents from companys property 4788 55
24 Total interest and rents
25 Profit on sale or maturity of ledger assets 2500000
Union Pacific R R 4 convertible bonds sold
189209 lots Chesapeake Ave and 11th St Balti
more Md sold 4951 25000 United Rwys and
Electric Co Baltimore 4 bonds sold 17225
36 Total income
681183 12
59239 83
2113 So
742536 80
IIIDISBURSEMENTS
Gross amount paid for losses Fidelity
and surety 26710040 burglary and
theft 1108193
Deduct salvage and reinsurance Fidelity
and surety 14177052 burglary and
theft 1200
278182 33
141782 52
Net amount paid policyholders for losses 130399 81
14 Investigation and adjustment of claims including legal
and other expenses in defense of suits against policy
holders viz Fidelity and Surety f4324393 burglary
and theft 77780 44021 73
31 in482
COMPTROLLERGENERALS REPORT
18 Commissions or brokerage less amount received on return
premiums and reinsurance for the following classes
Fidelity and surety 16498814 burglary and theft
1577208 180760 22
23 Salaries fees and all other compensation of officers and
home office employees 75715 28
24 Salaries traveling and all other expenses of agents not
paid by commissions 4763
26 Inspections other than medical 2859 86
27Rents 5277 98
28 Repairs and expenses other than taxes on real estate 262 50
29 Taxes on real estate 970 40
30 All other taxes licenses and insurance department fees 28488 60
31 Legal expenses inot included in No 14 14509 93
32 Advertising 55 U
33 Printing and stationery 1645 46
34 Postage and express 88o3 51
35 Furniture and fixtures 7169 29
36 Loss on sale or rnaturitvof ledger assets 10000 City of
Norfolk Virginia 5bondssold 17500 25000 West
Virginia Central and Pittsburg Wailway Co Q bonds
sold 16675 lot and improvement in Bowens sub
division Ridtjewood Chicago sold 327632 lot li
1516 N Loudon Avenue Baltimore Md sold 28000 3898 07
41 All other disbursements Interest 856220 general mis
cellaneous expenses 1666067 25222 8
44 Book value of companys investments marked down dur
ing year 21637 51
45 Total disbursements5b 62715 54
IVLEDGER ASSETS
1 Book value of real estate unincumbered 2773707 in
cumbered 808864 35825 71
2 Mortgage loans on real estate first liens 9500 00
4 Book value ot bonds excluding interest 124305200
and book value of stocks 1000000 1253052 00
5 Cash in companys office 445049 deposited in banks
14091111 146861 60
11 Ledger assets 1443739 31
NONLEDGER ASSETS
13 Interest accrued on bonds 5802 87
19 Gross premiums in course of collection
viz On policies or renewals issued sub
sequent to October 1 1905 Liability
fidelity and surety 7326963 burglary
and theft 1983095 93100 58COMPTROLLERGENERALS REPORT
483
On policies or renewals issued prior to
October 1 1905 Fidelity and surety
4949411 burglary and theft 348465 52978 76
Total
37 Gross assets
DEDUCT ASSETS NOT ADMITTED

43 Gross premiums in course of collection written prior to
October 1 1905
146079 34
1595621 52
52978 76
51 Admitted assets
1542642 76
VLIABILITIES
1 Losses and claims in process of adjustment
Fidelity and surety 798572 burglary
and theft 374735
Reported proofs not received Fidelity
surety 885000 burglary and theft
168365
Resisted Fidelity and surety 18502205
burglary and theft 34700
Estimated expenses incident to the settle
ment of unpaid claims Fidelity and
surety 2057500 burglary and theft
31500
11733 07
10533 65
185369 05
20890 00
19
21
30
Total unpaid claims and expenses of settlement
Gross premiums less reinsurance upon all unexpired
risks running one year or less from date of policy
70988639 unearned premiums 50 per cent
Gross premiums less reinsurance upon all unexpired
risks running more than one year from date of poli
cy 880966 unearned premiums pro rata
Commissions brokerage and other charges due or to be
come due to agents or brokers on policies issued subse
quent to October 1 1905 viz Fidelity and surety 18
31741 burglary and theft 495774
Reinsurance
40 Total amount of all liabilities except capital
41 Capital actually paid up in cash
42 Surplus over all liabilities
500000 00
418866 41
43 Surplus as regards policyholders
44 Total liabilities
45 Special deposits in excess of liabilities 214848 60
Business in Georgia during 1905
Gross premiums received or risks written or renewed during
the year Fidelity and surety 1778885 burglary and
theft 14290
Gross losses paid Fidelity and surety salvage 227390
Gross losses incurred Fidelity and surety
228525 77
354943 19
7326 78
23275 15
9705 46
623776 35
918866 41
1542642 76
17931 75
18228 25
2246 7048 i
COMPTROLLERGENERALS REPORT
AMERICAN SURETY COMPANY OF NEW YORK
H D Lyman President H B Zevkly Secretary
Home Office 100 Broadway New York City
ICAPITAL STOCK
1 Amount of capital paid up in cash 2500000 00
2 Amount of ledger assets as per balance
December 31 of previous year 5510306 74
Extended at 5510306 74
IIINCOME
Gross premiums unpaid December 31 last
year Fidelity 5874307 surety
19889512 257638 19
Gross premiums written and renewed dur
ing the year Fidelity 89916926
surety 103096952 1930138 78
Total 2187776 97
Deduct gross premiums now in course of
collection Fidelity 6020172 surety
21953121 279732 93
Entire premiums collected during the
year Fidelity 89771061 surety
101033343 1908044 04
Deduct reinsurance return premiums and
cancellations Fidelity 11257079
surety 20013835 312709 14
18 Total net cash actually received for premiums 1595334 90
20 Interest on collateral loans 622 84
21 Interest on bonds and dividends on stock 97280 87
22 Interest from all other sources 11436 23
23 Gross rents from companys property in
cluding 3517000 for companys own
occupancy 240756 76
24 Total interest and rents 350096 70
25 Profit on sale or maturity of ledger assets Tennessee
Central R R 5 per cent trust gold notes redeemed
86000 Mexican exterior gold loan 5 per cent bonds
redeemed 4850 Mexican interior redeemable debt 5
per cent bonds redeemed 5700 Consolidated Gas
Company of New York bonds sold 5164250 Consoli
dated Gas Company of New York stock sold 571250 58320 50COMPTROLLERGENERALS REPORT
485
SO From all other sources
31 Checks of other parties in process of collec
tion December 31 19C5 2208 31
32 Checks of other parties in process of collec
tion December 31 1904 598 16
1610 15
36 Total income 2005362 25
IIIDISBURSEMENTS
23
24
26
1 Gross amount paid for losses Fidelity
26290458 surety 40863599 671540 57
2 Deduct salvage and reinsurance Fidelity
8317506 surety 238308 39 321483 45
3 Net amount paid policyholders for losses
14 Investigation and adjustment of claims including legal
and other expenses in defense of suits against policy
holders viz Fidelity
18 Commission or brokerage less amount received on return
premiums and reinsurance for the following classes
Fidelity 4028535 surety 7131500
22 Stockholders for interest or dividends amount declared
during the yenr
Salaries fees and all other compensation cf officers and
home office employees
Salaries traveling and all other expenses of agents not
paid by commissions
Inspections other than medical
27 Rents including 3517000 for companys own occupancy
28 Repairs and expenses other than taxes on real estate
29 Taxes on real estate 6265988 taxes on personal estate
1693950
30 All other taxes licenses and insurance department fees
31 Legal expenses not included in No 14
32 Advertising
33 Printing and stationery
34 Postage and express
35 Furniture and fixtures
36 Loss on sale or maturity of ledger assets United States
3 per cent registered bonds sold
All other disbursements
Interest
General miscellaneous expenses
Premiums paid in advance December 31
1904 13309 96
Premiums paid in advance December31
1905 11050 03
40
350057 12
12478 70
111600 35
200000 00
235121 64
329295 86
5496 41
36269 99
92948 60
79599 38
36717 31
1931 50
13001 94
37145 21
21072 67
15739 47
2861 78
545 17
48757 88
2259 93
45 Total disbursements 1632900 91486
COMPTROLLERGENERALS REPORT
IVLEDGER ASSETS
1 Book value of real estate unincumbered 3095825 52
4 Book value of bonds excluding interest 174977959 and
book value of stocks 150153125 2251310 84
5 Cash in companys office 644759 deposited in banks
52918413 535631 72
11 Ledger assets 5882768 08
NONLEDGER ASSETS
13 Interest accrued on bonds
16 Bents due 223075 and accrued 854166
on companys property or lease
9974 31
10772 41
Total
18 Market value not including interest in item 13 of bonds
and stocks over book value
On policies or renewals issued subsequent
to October 1 1905 Fidelity 4866451
surety 9691294 145577 45
On policies or renewals issued prior to Oc
tober 1 1905 Fidelity 1153721
surety 12261827 134155 48
20746 72
120939 83
Total
37 Gross assets
279732 93
DEDUCT ASSETS NOT ADMITTED
6304187 56
43 Gross premiums in course of collection written prior to
October 1 1905
51 Admitted assets
VLIABILITIES
1 Losses and claims
In process of adjustment Fidelity 51473 27
Reported proofs not received Fidelity
11152680 surety 20015443 311681 23
Resisted Fidelity 2377972 surety
8984000 113619 72
17 Total unpaid claims and expenses of settlement
18 Gross premiums less reinsurance upon
all unexpired risks running one year or
less from date of policy 151814312
unearned premiums 50 per cent 759071 56
19 Gross premiums less reinsurance upon
all unexpired risks running more than
one year from date of policy 21215727
unearned premiums pro rata 97117 14
134155 48
6170032 OS
476774 22
20 Total unearned premiums
856188 70COMPTROLLERGENERALS REPORT
487
21 Commissions brokerage and other charges due or to be
come due to agents or brokers on policies issued sub
sequent to October 1 1905 viz Fidelity 183835
surety 1476781 6606 16
25 Salaries rents expenses taxes bills accounts fees etc
due or accrued 12500 00
31 Other liabilities viz
Checks of other parties in process of collection 2208 31
Agentscredit balances being premiums paid in advance 11050 03
40 Total amount of liabilities except capital 1365327 42
41 Capital actually paid up in cash 2500000 00
42 Surplus over all liabilities 2304704 66
43 Surplus as regards policyholders 4804704 66
44 Total liabilities 6170032 08
Business in Georgia during 1905
Gross premiums received on risks written or Fidelity
renewed during the year 6028 44
Gross losses paid 995 92
Gioss losses incurred 1423 40
Surety
8601 29
23 50
23 50
AMERICAN CASUALTY INSURANCE COMPANY READING PA
7m H Yocdm President Edwin P Van Reed Secretary
Principal Office 15 North 5th Street Reading Pa
ICAPITAL STOCK
1 Amount of capital stock paid up in cash 100000 00
2 Amount of ledger assets December 31
of previous year 139868 09
Extended at
139868 09
IIINCOME
Gross premiums unpaid December 31
last year Accident 112938 liability
161200 plate glass 35080 steam boil
er 34350 burglary and theft 15000
total
Gross premiums written and reneweddur
ing the year Accident 3427640
health 180790 liability 2011419
plate glass 232499 steam boiler 6
03396 burglary and theft 321550
total
Total
2585 68
67772 94
70358 62488
COMPTROLLERGENERALS REPORT
Deduct gross premiums now in course of
collection Accident 278632 health
23500 liability 561244 plate glass
55825 steam boiler 48166 burglary
and theft 13600 total
24
30
36
23
24
26
27
31
32
33
34
35
40
9809 67
Entire premiums collected during
the year Accident 3261946 health
1572 90 liability 1511375 plate
glass 211754 steam boiler 589580
burglary and theft 322950 total 60548 95
Deduct reinsurance return premiums
and cancellations Accident 460115
health 61588 liability 194 25 plate
glass 14928 steam boiler 116856
burglary and theft 288 50 total 10017 62
18 Total net cash actually received for premiums
19 Interest on mortgage loans
21 Interest on bonds and dividends on stock
22 Interest from all other soui ces Deposit
3159 21
2982 71
41 80
Total interest and rents
From all other sources Commission on bonding
Legal expenses
Advertising
Printing and stationery
Postage and express
Furniture and fixtures
All other disbursements
Sundry office expenses
50531 33
6183 72
690 09
Total income 57405 14
III DISBURSEMENTS
Gross amount paid for losses Accident 710795 health
113307 liability 48150 plate glass 2S436 steam
boiler 6386 burglary and theft 80121 total
Commissions or brokerage less amount received on re
turn premiums and reinsurance for the following classes
Accident 10628 43 health 66044 liability 361058
plate glass 58626 steam boiler 82763 burglary and
theft 51726 total
Salaries fees and all other compensation of officers and
home office employees
Salaries traveling and all other expenses of agents not
paid by commissions
Inspections other than medical
Rents
9872 34
16830 60
10346 27
3946 96
67 03
986 00
50 00
120 64
2724 20
746 82
238 45
626 81
45 Total disbursements
46556 12COMPTROLLERGENERALS REPORT
489
11
IVLEDGER ASSETS
Mortgage loans on real estate first liens 67850 00
Book value of bonds excluding interest 67517 34
Cash deposited in banks 14749 77
Bills receivable 600 00
Ledger assets 150717 11
NONLEDGER ASSETS
12 Interest due 4150 and accrued 68294
on mortgages 724 44
13 Interest accrued on bonds 453 85
18 Market value not including interest in item 13 of bonds
and stocks over book value 4 66
19 Gross premiums in course of collectionviz On poli
cies or renewals issued subsequent to October 1 1905
Accident 278632 health 23500 liability 561244
plate glass 55825 steam boiler 148166 burglary
and theft 13600 9809 67
37 Gross assets 161752 73
VLIABILITIES
1 Losses and claims in process of adjustment Accident 585 00
18 Gross premiums less reinsurance upon
all unexpired risks running one year or
less from date of policy 3763292 un
earned premiums fifty per cent 18816 46
19 Gross premiums less reinsurance upon
all unexpired risks running more than
one ear from date of policy 235575
unearned premiums pro rata 1764 38
20 Total unearned premiums 20580 84
21 Commissions brokerage and other charges due or to be
cone due to agents or brokers on policies issued subse
quent tn October 11905 viz Accident 90339 health
9129 liability 138392 plate glass 18030 steam
boiler 50 14 burglary and theft 2760 2636 64
40 Total amount of all liabilities except capital
41 Capital actually paid up in cash 100000 00
42 Surplus over all liabilities 37950 25
43 Surplus as regards policyholders
44 Total liabilities 161752 73
23802 48
137950 25490
COMPTROLLERGENERALS REPORT
Business in the State of Georgia during 1905
Gross premiums
receive i on risks
written or ie
newed du ing Gross losses paid
the year
Accident 34276 40 7107 95
Health 1807 90 1133 47
Liability 20114 19 48150
Plate glass 2324 99 284 36
Steam boiler 6033 96 63 86
Burglary and theft 3215 50 80120
Totals 67772 94 9872 34
Gross losses
incurred
7692 95
1133 47
481 50
2S4 36
63 86
801 20
If457 34
CONTINENTAL CASUALTY COMPANY HAMMOND INDIANA
C H Bunker President A A Smith Secretary
Principal Office Hammond Ind General Office Chicago 111
William A Wright Atlanta Attorney for Service in Georgia
ICAPITAL STOCK
1 Amount of capital stock
paid up in cash 300000 00
Amount of net or ledger assets December
31 of previous year 1040279 36
Extended at 1040279 36
IIINCOME DURING THE YEAR 1905
1 Cash received for premiums on new policies without
deductions for commissions or other expenses 2129749 63
8 Cash received for interest on mortgage loans 16827 60
9 Cash received for interest on bonds owned and divi
dends on stock 9341 98
11 Cash received for interest on other debts due the com
pany 1143 75
13 Cash received for rents for use of companys property 3000 00
14 Cash received for profits on sales of bonds or stocks 163 40
Total income 216C226 36
IIIDISBURSEMENTS FOR THE YEAR 1905
5 Cash paid for sums falling due during the
year on installment policies Gross
amount paid for losses
6 Deduct amount received from other com
panies for losses or claims on policies
of this company
7 Total net amount actually paid for losses
1000348 01
6443 20
993904 81COMPTROLLERGENERALS REPORT
16 Cash paid stockholders for interest or dividends
17 Cash paid for commissions and bonuses to agents less
commissi n on reinsurance
18 Cash paid for salaries and allowances to managers and
agents
19 Cash paid for medical examiners fees
20 Cash paid for salaries and all other compensation of
officers and other home office employees
23 Cash paid for insurance department fees and agents
licenses
24 Cash paid for rent
27 Cash paid for advertising 964246 printing 2344617
28 Cash paid for legal expenses
29 Cash paid for the following items viz Investigation
and adjustment of claims 2125847 postage and ex
press 2119164 general expense 1648908
Total miscellaneous expenses111313164
30 Total disbursements 2123536 45
491
16500 00
477728 97
258900 38
9717 16
204414 12
35455 22
20034 49
33088 63
148o3 4S
58939 19
10
IVASSETS AS PER LEDGER ACCOUNTS
1 Cost value of real estate exclusive of all incumbrances
2 Loans on mortgage first liens on real estate
6 Cost value of bonds and stocks owned excluding accrued
interest at time of purchase
7 Cash in companys office
8 Cash deposited in banks
9 Bills receivable
Agents ledger balances i
Cash in the hands of R R Treas in course of trans
mission
Furniture and fixtures
13 Total net or ledger assets
42074 21
425400 00
238725 00
2850 00
145987 12
3275 96
39694 08
149510 27
29452 63
1076969 27
OTHER ASSETS
14 Interest due 1277340 and accrued 2
67982on mortgages 15453 22
15 Interest aocrued on bonds and stocks 3135 42
Total carried out
26 Net amount of uncollected premiums
18588 64
527416 04
28 Total assets as per the books of the company
ITEMS NOT ADMITTED
2 Furniture fixtures and safes
5 Agents balances
7 Bills receivable
39694 08
3275 96
1622973 95
72422 67
9 Total assets less items not admitted 1550551 28492
COMPTROLLERGENERALS REPORT
VLIABILITIES
1 Net present value of all the outstanding
policies in force on the 31st day of De
cember 1905 1634919 84
Net reinsurance reserve 50
5 Claims for losses in process of adjust
ment 148641 00
6 Claims for losses resisted by the company 15525 00
7 Estimated expense for settlement of
claims 1000 00
Total policy claims
13 Amount due on account of salaries rnts and office ex
penses
16 Amount of any other liability of the company viz Re
insurance
817459 92
165166 00
5530 50
11435 28
19 Total liabilities 99959170
20 Capital stock 300000 00
21 Surplus 250959 58 550959 58
1550551 28
EMPIRE STATE SURETY COMPANY OF NEW YORK
Wm M Tomlins Jk President Daniel Stewart Secretary
Home Office 391393 Fulton Street Brooklyn New York
F C Robinson Atlanta Attorney for Service in Georgia
ICAPITAL STOCK
1 Amount of capital paid up
in cash 250000 00
2 Amount of ledger assets as per balance
December 31 of previous year
Increase of paid up capital
Extended at
488414 26
250000 00
738414 26
IIINCOME
70237 97
As shown by the books at tbe home office at close of business December 31
1 Gross premiums unpaid December 31 last
year Fidelity 616084 surety 64
07713
2 Gross premiums written and renewed
during the year Accident 1764244
liability 22721397 fidelity 57855
83 surety 27836924 plate glass
3019399 steam boiler 643533 bur
glary 3663928 sprinkler 281401 67164 09
Total 727402 06COMPTROLLERGENERALS REPORT
493
3 Deduct gross premiums now in course of
collection Accident 552694 liabil
ity 3623258 fidelity 2122882 sure
ty 11773510 plate glass 1196288
steam boiler 85900 burglary 11
10969 sprinkler 16500 204820 01
4 Entire premiums collected during the
year Accident 1211550 liability
19098139 fidelity 34278785 surety
22471127 plate glass 1823111 steam
boiler 557633 burglary 2552959
sprinkler 264901 522582 05
5 Deduct reinsurance return premiums and
cancellations Accident 381979 lia
bility 6271978 fidelity 552637
surety 5445229 plate glass 395821
steam boiler 177932 burglary 8
30524 sprinkler 41000 140971 00
18 Total net cash actually received for premiums 381611 05
21 Intereston bonds and dividends on stock 22099 52
22 Interest from all other sources 10098 88
24 Total interest and rents 32198 40
25 Profit on sale or maturity of ledger assets Sundry bonds
582290 stocks 1695570 during the year 22778 60
30 From all other sources Reinsurance of City Trust Safe
Deposit and Surety Co Philadelphia 58348 82
36 Total income 494936 87
IIIDISBURSEMENTS
As shown by the books at the home office at close of business December 31
Gross amount paid for losses Accident
40964 liability 654599 fidelity
529690 surety 3313982 plate glass
260467 burglary 397177 101968 79
Deduct salvage and reinsurance Liabil
ity 1000 fidelity 3012 12 surety
2158632 plate glass 1550 24623 94
Net amount paid policyholders for losses 77344 85
14 Investigation and adjustment of clains including legal
and other expenses in defense of suits against policy
holders viz Accident 150 health 300 liability
207231 fidelity 4600 surety 5812 burglary
9654 2277 47
18 Commissionsorbrokeragelessamountreceived on return
premiums and reinsurance for the following Classes
Accident 287304 liability 4062091 fidelity 11
28983 surety 4863013 plate glass 514365 steam
boiler 40315 burglary 556660 sprinkler 18835 114715 66494
COMPTROLLERGENERALS REPORT
22 Stockholders for interest or dividends amount declared
during the year 50000 00
23 Salaries fees and other compensation of officers and
home office employees 85517 69
24 Salaries traveling and all other expenses of agents not
paid by commissions 18183 31
28 Inspections I other than medical 1081 01
27 Rents 21078 26
30 All uther taxes licenses and insurance department fees 8613 80
31 Legal expenses uot included in No 14 10819 84
32 Advertising 3875 15
33 Printing and stationery 13424 33
34 Postage and express 5132 38
35 Furniture and fixtures 6577 29
36 Loss on sale or maturity of ledger assets S J Casey
22198 bills receivable Geo S Adams 80001
Thomas F Byrnes 427562 5297 60
40 All otherdisbursements Directors 295250 traveling
631746 telephone and telegraph 408452 miscel
laneous 784141 21195 89
45 Total disbursements
445134 53
IVLEDGER ASSETS
As shown by the books at the home office at close of business December 31
3 Loans secured by pledge of bonds stocks
or other collateral
4 Book value of bonds excluding interest
409145 00 and stocks 30473750
5 Cash in companys office 214987 de
posited in bank 4213225
6 Bills receivable
7 Other ledger assets Agentscollections
less commissions fully secured
3600 00
713882 50
44282 12
10290 64
16161 34
1 Total ledger assets 788216 60
NOXLEDGER ASSETS
13 Interest accrued on bonds 1791 67
5 Interest due on other assets 2275 00
Total
19 Gross premiums in course of collection viz
On policies or renewals issued subsequent
to October 1 1905 Occident 535194
liability 3445433 fidelity 1773534
surety 88684 64 plate glass1163392
steam boiler 85900 burglary 10
68419 Sprinkler 16500
On policies or renewals issued prior to Oc
tober 1 1905 Accident 17500 lia
4066 67
169568 36COMPTROLLERGENERALS REPORT
495
bility 177825 fidelity 3493 48
surety 2905046 plate glass 32896
burglary 42550
35251 65
33 Total 204820 01
34 Other nonledger assets viz Collateral securities and
cash sundry securities 67888632 cash deposited
6777083 746657 15
37 Gross assets 1743760 43
DEDUCT ASSETS NOT ADMITTED
II 10290 64
39 Bills receivable
43 Gross premiums in course of collection
written prior to October 1 1905
35251 65
Total 45542 29
51 Admitted assets 1689218 14
1
VLIABILITIES
Losses and claims
Adjusted but not due Fidelity 100000
surety 51715840 plate glass 139300 19551 40
In process of adjustment Accident
362 50 credit 92500 1287 50
Resisted for policyholders Accident
36250 fidelity100000 surety 17
15840 plate glass 1393 credit 92500 20838 90
16 Net unpaid claims
17 Special reserve for unpaid losses viz Liability
Gross premiums less reinsurance upon all unexpired
risks running one year or less from date of policy
39851188 unearned premiums 50 per cent
Gross premiums less reinsurance upon all unexpired
risks running more than one year from date of
policy 2869452 unearned premiums pro rata
25
26
20838 90
20006 61
199255 94
23884 62
27 Total unearned premiums 223140 56
28 Commission brokerage and other charges due or to
become due to agents or brokers on policies issued
subsequent to October 11905 viz Accident 137633
liability 828627 fidelity 195085 surety 975531
plate glass 307135 steam boiler 8203 burglary
2609 07 sprinkler 1287 27144 08
38 Other liabilities viz Sundry ledger balances 13456 41
contingent fund 250000 38456 41
46 Collateral deposits conveyed to company as security 746657 15
47 Total amount of all liabilities except capital 1076243 71496 COMPTROLLERGENERALS REPORT
48 Capital actually paid up in eash 500000 00
49 Surplus over all liabilities 121974 43
50 Surplus as regards policyholders 621974 43
51 Total liabilities 1698218 14
Business in Georgia during 1905
Gross premiums
on Risks Written
or Renewed Gross Losses
durng the Year Paid
Accident 678 95 60 00
Liability 499 84
Fidelity 450 84
Surety 267 45
Plate glass 427 13 72 14
Burglary 25 00
Total 2349 21 132 14
THE EMPLOYERS INDEMNITY CO OF PHILADELPHIA PA
John T Bailey President Trevanion B Dallas Secretary
Home Office Stephen Girard Building 12th Street above Chestnut Street
Philadelphia Pa
ICAPITAL STOCK
1 Amount of capital paid up in
cash 100000 00
2 Amount of ledger assets as per balance
December 31 of previous year 269770 21
Extended at 269770 21
IIINCOME
1 Gross premiums unpaid December 31 last
year Accident 20000 liability 26
31544 26515 44
2 Gross premiums written and renewed dur
ing the year Accident 172700 lia
bility 22387985 225606 85
Total 252122 29
3 Deduct gross premiums now in course of
collection Accident 10212 liability
3576814 35870 26
4 Entire premiums collected during the
year Accident 182488 liability
21442715 216252 03COMPTROLLERGENERALS REPORT
497
5 Deduct reinsurance return premiums and
cancellations Accident 32362 lia
bLity 3579887
36122 49
18 Total net cash actually received for premiums
19 Interest on mortgage loans 1605 30
21 Interest on bonds and dividends on stock 10388 60
24 Total interest and rents
36 Total income
IIIDISBURSEMENTS
1 Gross amount paid for losses Accident 19000 liability
5528459
18 Commissions or brokerage less amount received on return
premiums for the following classes Accident 40071
liability 3024236
22 Stockholders for interest or dividends amount declared
during the year
23 Salaries fees and all other compensation of officers and
home office employees
25 Medical examiners fees and salaries
26 Inspections other than medical
27 Rentsincluding 207424 for companys own occupancy
30 All other taxes licenses and Insurance DepartmeLt fees
31 Legal expenses not included in No 14
32 Advertising printing and stationery
34 General expenses
35 Furniture and fixtures
40 All other disbursements Traveling expenfes 337296
rebates 711
45 Total disbursements
IVLEDGER ASSETS
2 Mortgage loans on real estate first liens
4 Book value of bonds excluding interest 24588273 and
book value of stocks 3433200
5 Cash in companys office 75449 deposited in banks
11726 20
6 Bills receivable
180129 54
11993 90
192123 44
55474 59
30643 07
6000 00
11 Ledger assets
NONLEDGER ASSETS
12 Interest due 13000 and accrued 33677 on mortgages
13 Interest due and accrued on bonds
18 Market value not including interest in item 13 of bonds
and stocks over book value
32 In
28328 53
447 00
291 25
2074 24
1307 11
9068 71
1625 08
5340 25
613 33
3380 07
144593 23
24600 00
280214 73
12480 69
5 00
317300 42
466 77
3817 60
4284 37
3815 02
498
COMPTROLLERGENERALS REPORT
19 Gross premiums in course of collection viz
On policies or renewals issued subsequent
to October 1 1905 Accident 8750
liability 3162469 31712 19
On policies or renewals issued prior to
October 1 1905 Accident 1462 lia
bility 1387671 3891 33
33 Total
34 Other nonledger assets viz Furniture and fixtures
37 Gross assets
DEDUCT ASSETS NOT ADMITTED
39 Bills receivable 5 00
40 Furniture and fixtures 1373 50
43 Gross premiums in course of collection
written prior to October 1 1905 3891 33
35603 52
1373 50
362406 83
51 Admitted assets
VLIABILITIES
16J Special reserve for estimated amount of unpaid liability
claims
18 Gross premiums less reinsurance upon
all unexpired risks running one year or
less from date of policy 15875397 un
earned premiums 50 per cent 79376 99
19 Gross premiums less reinsurance upon
all unexpired risks running more than
one year from date of policy 806112
unearned premium pro rata 5988 95
20 Total unearned premiums
21 Commissions brokerage and other charges due or to be
come due to agents or brokers on policies issed subse
quent to October 1 1905 viz Accident 2625 lia
bility 548210
25 Salaries rents expenses taxes bills accounts fees etc
31 Other liabilities viz Special contingent reserve
5269 83
357137 00
12025 00
85365 94
5508 35
3928 52
1006 12
40 Total amount of all liabilities except capital
41 Capital actually paid up in cash
42 Surplus over all liabilities
100000 00
149303 07
107833 93
43 Surplus as regards policyholders
44 Total liabilities
249303 07
557137 00COMPTROLLERGENERALS REPORT
499
UNITED STATES BRANCH OF THE EMPLOYERS LIABILITY ASSUR
ANCE CORPORATION LTD GREAT BRITAIN AND IRELAND
Samuel Appleton United States Manager
Home Office U S Branch 33 Broad Street Boston Mass
W W Cunningham Atlanta Attorney for Service in Georgia
ICAPITAL STOCK
1 Amount of capital paid up
in cash in England 750000 00
2 Amount of ledger assets as per balance
December 31 of previous year 2233488 40
Extended at 2233488 40
IIINCOME
As shown by the books at home office at close of business December 31 1905
1 Gross premiums unpaid December 31 last
year Accident 6029509 health 5
92257 liability 35800303 fidelity 4
35986 428580 55
2 Gross premiums written and renewed dur
ing the year Accident 27448791
health 3951956 liability 2273105
69 fidelity 8062804 2667741 20
3 Total 3096321 75
4 Deduct gross premiums now in course of
collection Accident 5149748 health
299475 liability 38223889 fidelity
457694 441308 06
5 Entire premiums collected during the
year Accident 28328552 health 42
44738 liability 224886983 fidelity
8041096 2655013 69
6 Deduct reinsurance return premiums and
cancellations Accident 4592641
health 887536 liability 28753056
fidelity 1630157 358633 90
18 Total net cash actually receivedfor premiums 2296379 79
21 Interest on bonds and dividends on stock 76472 15
22 Interest from all other sources W8
25 Profit on sale or maturity of ledger assets Sale of bondsnt U
2374775 66
56 Total income T500
COMPTROLLERGENERALS REPORT
IIIDISBURSEMENTS
As shown by the books at home office at close of business December 31 1905
1 Gross amount paid for losses Accident
10961591 health 2017053 liability
71730383 fidelity 587302 852963 29
2 Deduct salvage and reinsurance Liability 96 66
13 Net amount paid policyholders for losses 852866 63
14 Investigation and adjustment of claims including legal
and other expenses in defense of suits against policy
holders viz Accident 512593 health 26523 liabil
ity 18379257 fidelity 215125 191334 98
18 Commissions or brokerage less amount received on re
turn premiums and reinsurance for the following
classes Accident 8811258 health 269596 liabil
ity 52410964 fidelity 1230553 627223 71
23 Salaries fees and other compensation of officers and
home office employees 49370 73
24 Salaries traveling and all other expenses of agents not
paid by commissions 20558 97
26 Inspections other than medical 27264 07
27 Rents 25833 03
30 All other taxes licenses and insurance department fees 51996 33
31 Legal expenses not included in No 14 3155 92
32 Advertising 6251 86
33 Printing and stationery 19330 91
34 Postage and express 16291 78
35 Furniture and fixtures 7761 33
40 All other disbursements Bad debts 102730 remitted
to home office 3672594 37753 24
45 Total disbursements 1936993 49
IVLEDGER ASSETS
4 Book value of bonds excluding interest 2605141 05
5 Cash in companys office 180000 deposited in bank
62698 2426 98
7 Other ledger assets Cash deposited with trustees with
Kidder Peabody Co 63702 54
11 Ledger assets 2671270 57
NONLEDGEB ASSETS
13 Interest due and accrued on bonds 27536 67
19 Gross premiums in course of collection viz
On policies or renewals issued subsequent
to October 1 1905 Accident 4891019
health 287275 liability 35358166
fidelity 440358 409768 18COMPTROLLERGENERA S REPORT
501
On policies or renewals issued prior to Oc
tober 1 1905 Accident 258729
health 12200 liability 2865723 fi
delity 17336 31539 88
33 Total 441308 06
37 Gross assets 3140115 30
DEDUCT ASSETS NOT ADMITTED
43 Gross premiums in course of collection
written prior to October 1 1905 31539 88
44 Book value of ledger assets over market
value viz Bonds 34864 17
TotalI 66404 05
51 Admitted assets 3073711 25
VLIABILITIES
Losses and claims
In process of adjustment Accident 47
28500 health 324500 fidelity 7
33500
Resisted by company Accident 13155
fidelity 14500
57865 00
13300 00
16 Net unpaid claims 71165 00
17 Special reserve for unpaid losses viz Liability 1255189 92
25 Gross premiums less reinsurance upon
all unexpired risks running one year or
less from date of policy 185514221
unearned premiums fifty per cent 927571 11
26 Gross premiums less reinsurance upon
all unexpired risks running more than
one year from date of policy 188303
84 unearned premiums pro rata 112313 04
27 Total unearned premiums 10398S4 15
28 Commission brokerage and other charges due or to be
come due to agents or brokers on policies issued sub
sequent to October 1 1905 viz Accident 1696578
health 99232 liability 9748187 fidelity 110313 116543 10
47 Total amount of all liabilities except capital 2482782 17
48 Capital actually paid up in cash statutory
deposit 200000 00
49 Surplus over all liabilities 390929 08502 COMPTROLLERGENERALS REPORT
50 Surplus as regards policyholders 590929 08
51 Total liabilities 3073711 25
Business in the State of Georgia during 1905
Accident Health Liability Fidelity
Gross premiums on risks written
or renewed during the year8380 51 3166 77 3698 53 304 22
Gross losses paid 1830 31 1865 13 1856 68
Gross losses incurred 2015 31 1705 13 1851 68
FEDERAL UNION SURETY COMPANY OP INDIANA
Hugh Dougherty President C R Hinkxe Secretary
Home Office Corner Market and Pennsylvania Streets Indianapolis Ind
Thomas B Fkldeb Atlanta Attorney for Service in Georgia
ICAPITAL STOCK
1 Amount of capital paid up
in cash 250000 00
2 Amount of ledger assets as per balance
December 31 of previous year
Extended at
325033 60
325033 60
IIINCOME
1 Gross premiums unpaid December 31 last
year Fidelity and surety 19445 03
2 Gross premiums written and renewed dur
ing the year Fidelity and surety 220359 72
3 Total 239804 75
4 Deduct gross premiums now in course of
collection Fidelity and surety 34438 57
5 Entire premiums collected during the
year Fidelity and surety 205366 18
6 Deduct reinsurance return premiums
and cancellations Fidelity and surety 18148 54
18 Total net cash actually received for premiums
19 Interest on mortgage loans 7597 92
21 Interest on bonds and dividends on stock 3655 00
22 Interest from all other sources 847 33
187217 64
24 Total interest and rents
12100 25COMPTROLLERGENERALS REPORT
503
25 Profit on sale or maturity of ledger assets Real estate
mortgage
30 From all other sources Trust funds
IIIDISBURSEMENTS
1 Gross amount paid for losses Fidelity
and surety
2 Deduct salvage and reinsurance Fidelity
and surety
36674 37
710 03
13 Total net amount paid policyholders for lossesI
14 Investigation and adjustment of claims including legal
and other expenses in defense of suits against policy
holders
18 Commissions or brokerage less amount received on re
turn premiums and reinsurance
23 Salaries fees and all other compensation of officers and
home office employees
24 Salaries traveling and all other expenses of agents not
paid by commissions
27 Rents companys own occupancy
30 All other taxes licenses and insurance department fees
31 Legal expenses not included in No 14
32 Advertising
33 Printing and stationery
34 Postage and express
35 Furniture and fixtures
36 Loss on sale or maturity of ledger assets Interstate
Stockyard bonds
40 All other disbursements Telephone and telegraph 674
76 miscellaneous home office expense 100051
45 Total disbursements
IVLEDGER ASSETS
2 Mortgage loans on real estate first liens
4 Book value of bonds excluding interest
5 Cash in companys office 481581 deposited in banks
11306882
7 Other ledger assets Agents debit balances
11 Ledger assets
NONLEDGEB ASSETS
12 Interest due 4250 and accrued 2225
27 on mortgages
13 Interest accrued on bonds
15 Interest accrued on other assets
Total

2267 77
348 47
9 04
6 50
607 00
36 Total income 199931 39
35964 34
720 01
48558 65
22417 07
12951 02
1837 00
6615 09
7177 34
3125 79
3436 81
1922 32
1687 69
549 50
1675 27
148637 90
162250 00
94255 60
117884 63
1936 86
376327 09
2625 28504
COMPTROLLERGENERALS REPORT
413390 94
19 Gross premiums In course of collection viz
On policies or renewals issued subse
quent to October 1 Fidelity and surety 28155 24
On policies or renewals issued prior to Oc
tober 1 Fidelity and surety 6283 33
Total 34438 57
37 Gross assets
DEDUCT ASSETS NOT ADMITTED
43 Gross premiums in course of collection
written prior to October 1 6283 33
44 Book value of ledger assets over market
value viz Agents debit balance 1936 86
Total 8220 19
51 Admitted assets 405170 75
VLIABILITIES
1 Losses and claims in process of adjustment Fidelity and
surety 10412 50
18 Gross premiums less reinsurance upon
all unexpired risks running one year or
less from date of policy 18631440 un
earned premiums 50 per cent 93157 20
19 Gross premiums less reinsurance upon
all unexpired risks running more than
one year from date of policy 558767
unearned premiums pro rata 4727 62
20 Total unearned premiums
21 Commissions brokerage and other charges due or to be
come due to agents or brokers on policies issued subse
quent to October 1 1905
31 Other liabilities viz Trust funds
40 Total amount of all liability except capital 114535 37
41 Capital actually paid up in cash 250000 00
42 Surplus over all liabilities 40635 38
43 Surplus as regards policyholders 290635 38
44 Total liabilities 405170 75
97884 82
5631 05
607 00COMPTROLLERGENERALS REPORT
505
THE FRANKFORT MARINE ACCIDENT AND PLATE GLASS INSUR
ANCE COMPANY
C H Franklin U S Manager
Home Office FrankfortontheMain Germany
United States Branch Office 100 William St New York City
ICAPITAL STOCK
1 Amount of capital paid
up in cash 200000 00
2 Amount of ledger assets as per balance
December 31 of previous year 10228
Extended at
60
1022868 60
IIINCOME
As shown by the books at home office at close of business December 31 1905
Gross premiums unpaid December 31 last
year Accident 452570 liability
24610958 250635 28
Gross premiums written and renewed
during the year Accident 3079239
liability 102054198 1051334 37
Total 1301969 65
Deduct gross premiums now in course of
collection Accident 430761 liability
24864185
252949 46
Entire premiums collected during the
year Accident 3101048 liability 1
01800971 1049020 19
Deduct reinsurance return premiums and
cancellations Accident 526541 lia
bility 14727087 152536 28
18 Total net cash actually received for premiums 896483 91
21 Interest on bonds and dividends on stock 32902 39
22 Interest from all other sources 338 98
24 Total interest and rents
30 From all other sources Remittances from home office
33241 37
226008 37
36 Total income 1155733 65506
COMPTROLLERGENERALS REPORT
IIIDISBURSEMENTS
As shown by the books at home office at close of business December 31 1905
1 Gross amount paid for losses Accident
986620 workmens collective 53046
59 liability 32614209 389054 88
3 Net amount paid policyholders for losses 389054 88
14 Investigation and adjustment of claims including legal
and other expenses in defence of suits against policy
holders viz Accident 18795 liability 16205739
18 Commissions or brokerage less amount received on re
turn premiums and reinsurance for the following
classes Accident 745716 liability 25482169
23 Salaries fees and all other compensation of officers and
home office employees
24 Salaries traveling and all other expenses of agents not
paid by commissions
26 Inspections other than medical
27 Rents
30 All other taxes licenses and insurance department fees
31 Legal expenses not included in No 14
32 Advertising
33 Printing and stationery
34 Postage and express
40 All other disbursements Telegrams 31649 miscellane
ous 572765 remittance to home office 4921210
162245 34
262278 85
21618 26
6843 99
11620 13
3502 08
19189 14
498 85
3865 95
8283 24
1197 30
55256 24
45 Total disbursements 945454 25
IVLEDGER ASSETS
As shown by the books at hftme office at close of business December 31 1905
4 Book value of bonds excluding interest 1221348 93
5 Cash in companys office 50000 deposited in bank 11
18255 11682 55
7 Other ledger assets Cash in hands of trustees 116 52
11 Ledger assets 1233148 00
NONLEDGEB ASSETS
33
37
13 Interest accrued on bonds
19 Gross premiums in course of collection viz
On policies or renewals issued subsequent
to October 1 1905 Accident 430761
liability 24483289
On policies or renewals issued prior to
October 1 1905 Liability
249140 50
3808 96
12146 44
Total 252949 46
Gross assets 1498243 90COMPTROLLERGENERALS REPORT
507
DEDUCT ASSETS NOT ADMITTED
43 Gross premiums in course of collection
written prior to October 1 1905 3808 96
44 Book value of ledger assets over market
value viz Depreciation from cost of
bonds to bring same to market value 34201 62
51
Total
38010 58
Admitted assets 1460233 32
VLIABILITIES
1 Losses and claims
In process of adjustment Accident 2
33715 workmens collective 13298
25 15635 40
Reported proofs not received Marine 4995 57
15 Net unpaid claims except liability claims 20630 97
16 Special reserve for unpaid liability losses 669709 42
17 Total unpaid claims 690340 39
18 Gross premiums less reinsurance upon
all unexpired risks running one year or
less from date of policy 64582264 un
earned premiums 50 per cent 322911 32
19 Gross premiums less reinsurance upon
all unexpired risks running more than
one year from date of policy 2800566
unearned premiums pro rata 18670 11
20 Total unearned premiums 341581 43
21 Commissions brokerage and other charges due or to be
come due to agents or brokers on policies issued subse
quent to October 1 1905 viz Accident 143587 lia
bility 6463156 66067 43
31 Other liabilities 7500 00
40 Total amount of all liabilities except capital 1105489 25
41 Capital actually paid up in cash 200000 00
42 Surplus over all liabilities 154744 07
43 Surplus as regards policyholders 354744 07
44 Total liabilities 60233 32
Business done in Georgia during 1905
Gross premiums received on risks written or Accident Liability
Gross losses paid
Gross losses incurred 26 30 6Zi 4b508
COMPTROLLERGENERALS REPORT
THE FIDELITY AND CASUALTY COMPANY OF NEW YORK N Y
George F Seward President Robert J Hillas Secretary
Home Office 97 to 103 Cedar Street New York City
Eugene Oberdobfer Atlanta Attorney for Service in Georgia
ICAPITAL STOCK
1 Amount of capital paid
up in cash 500000 00
2 Amount of ledger assets as per balance
December 31 of previous year 5518894 73
Extended at 5518894 73
IIINCOME
As shown by the books at home office at close of business December 31 1905
1 Gross premiums unpaid December 31 last
year Accident 13266451 health
13682552 liability 25988338 fideli
ty 1497817 plate glass 3116169
steam boiler 5281377 burglary 56
08260 684409 64
2 Gross premiums written and renewed
during the year Accident 236811790
health 110277524 liability 2025
61244 fidelity 27681358 plate glass
34113176 steam boiler 55175786
burglary 69471620 7360924 98
Total 8045334 62
3 Deduct gross premiums now in course of
collection Accident 19481873 health
17874609 liability 27006364 fideli
ty 1948403 plate glass 3683127
steam boiler 7672395 burglary 59
05568 835723 39
4 Entire premiums collected during the
year Accident 230596368 health
106085467 liability 201543218
fidelity 27230772 plate glass 335
46218 steam boiler 52784768 bur
glary 69174312 7209611 23
5 Deduct reinsurance return premiums and
cancellations Accident 74162866
health 34503907 liability 37162000
fidelity 4234193 plate glass 49829
72 steam boiler 15358172 burglary
15958299 1863624 09
18 Total net cash actually received for premiums 5345987 14COMPTROLLERGENERALS REPORT
509
20 Interest on collateral loans 1124 31
21 Interest on bonds and dividends on stock 217410 31
22 Interest from all other sources 2426 40
23 Gross rents from companys property in
cluding 5293130 for companys own oc
cupancy 68917 66
24 Total interest and rents
25 Profit on sale or maturity of ledger assets Northern Se
curities Co stock 6939600 Atchison Topeka and
Santa Fe bonds 646875 Chicago Rock Island and
Pacific stock 2500 Union Pacific bonds 197875
30 From all other sources Profit and loss
289878 68
77868 50
4979 28
36 Total income 5718713 60
IIIDISBURSEMENTS
As shown by the books at home office at close of business December 31 1905
1 Gross amount paid out for losses Acci
dent 58156393 health 27729989
liability 88317450 fidelity 7845328
plate glass 9364662 steam boiler 55
05992 burglary 20292484 2172122 98
2 Deduct salvage and reinsurance Acci
dent 2346826 liability 1938134 fi
delity 2118280 plate glass 756390
steam boiler 770312 burglary 6556
31 85855 73
13
14
18
22
23
24
25
26
Net amount paid policyholders for losses 2086267 25
Investigation and adjustment of claims including legal
and other expenses in defense of suits against policy
holders viz Accident 4665399 health 2271425
liability 15876159 fidelity 1562567 plate glass
998049 steam boiler 493663 burglary 1900484 277677 46
Commissions or brokerage less amount received on re
turn premiums and reinsurance for the following
classes Accident 52075751 health 24810309 lia
bility 35124027 fidelity 3756657 plate glass 86
33240 steam boiler 7757489 burglary 11485739 1436432 12
Stockholders for interest or dividends amount declared
during the year 95000 00
Salaries fees and other compensation of officers and
home office employees 378690 07
Salaries traveling and all other expenses of agents not
paid by commissions 27919784
Medical examiners fees and salaries 4871 50
Inspections other than medical 181018 79510
COMPTROLLERGENERALS REPORT
27 Rents 8281980 including 5293130 for companys own
occupancy less 1417523 included in item 14 and 22
74180 included in item 24 45902 77
28 Repairs and expenses other than taxes on real estate 29183 14
29 Taxes on real estate 9606 50
30 All other taxes licenses and insurance department fees 102071 03
31 Legal expenses not included in No 14 4694 54
32 Advertising 22636 24
33 Printing and stationery 61161 63
34 Postage and express 23026 91
35 Furniture and fixtures 7495 26
36 Loss on sale or maturity of ledger assets State of Indi
ana bonds 75000 Pennsylvania Company bonds 387
50 1137 50
40 All other disbursements Sundry expenses 8592726
profit and loss 341733 89344 59
45 Total disbursements 5135415 14
IVLEDGER ASSETS
As shown by the books at home office at close of business December 31 1905
1 Book value of real estate unincumbered 965142 44
4 Book value of bonds excluding interest
240615917 and stocks 260523850 5011397 67
5 Cash in companys office 727629 depos
ited in bank 13162373 138900 02
6 Bills receivable 200 00
8 Agents balances and sundry ledger as
sets 30212 50
Total 6145852 63
10 Deduct ledger liabilities 43659 44
11 Ledger assets 6102193 19
NONLEDGEB ASSETS
13 Interest accrued on bonds 8350 75
15 Interest accrued on other assets 120 49
16 Rents accrued on companys property or
lease 2295 67
Total 10766 91
18 Market value not including interest in item 13 of bonds
and stock over book value 686050 83
19 Gross premiums in course of collection viz
On policies or renewals issued subsequent
to October 1 1905 Accident 17471090
health 16928476 liability 211432
93 fidelity 1381613 plate glass 34
73797 steam boiler 7425673 bur
glary 5400470 732244 12COMPTROLLERGENERALS REPORT
511
On policies or renewals issued prior to
October 1 1905 Accident 2011219
health 945697 liability 5863071
fidelity 566790 plate glass 2093
30 steam boiler 246722 burglary
505098
103479 27
33 Total 835723 39
37 Gross assets 7634734 32
DEDUCT ASSETS NOT ADMITTED
39 Bills receivable 200 00
43 Gross premiums in course of collection
written priorto October 1 1905 103479 27
44 Book value of ledger assets over market
value viz Agents balances and sun
dry ledger assets 30212 50
Total
133891 77
51 Admitted assets 7500842 55
VLIABILITIES
1 Losses and claims
In process of adjustment Accident 129
83530 health 392000 fidelity 7
44927 plate glass 975058 steam boil
er 2191650 burglary 4545940
Reported proofs not received Accident
3920000 fidelity 1250000 plate
glass 8600
Resisted by company Accident 125219
50 health 637000 fidelity 37030
86 plate glass 123500 steam boiler
128250 burglary 744325
218331 05
51786 00
178581 11
16 Net unpaid claims 448698 16
17 Special reserve for unpaid losses viz Liability 1014480 42
21 Estimated expenses incident to the settlement of unpaid
claims viz Accident 600520 health 21000 fideli
ty 90776 steam boiler 122100 burglary 278435 11128 31
Gross premiums less reinsurance upon
all unexpired risks running one year or
less from date of policy 497586475
unearned premiums 50 per cent 2487932 38
Gross premiums less reinsurance upon
all unexpired risks running more than
one year from date of policy 825149
20 unearned premiums pro rata
25
26
455311 51
27
Total unearned premiums 2943243 89512
COMPTROLLERGENERALS REPORT
28 Commission brokerage and other charges due or to be
come due to agents or brokers on policies issued subse
quent to October 1 1905 viz Accident 5833597
health 5892802 liability 4520436 fidelity 2265
85 plate glass 1050129 steam boiler 1537857
burglary 1151920
32 Salaries rents expenses taxes bills accounts fees etc
due or accrued
47 Total amount of all liabilities except capital
48 Capital actually paid up in cash 500000 00
49 Surplus over all liabilities 2334944 20
50 Surplus as regards policyholders
202133 26
4621431
4665898 35
2834944 20
51 Total liabilities 7500842 55
Accident
Health
Liability
Fidelity
Plate glass
Steam boiler
Burglary
Business done
Gross Premiums
on Risk Written
33625 86
in Georgia during 1905
Gross Losses
eaid
11593 26
7366 95
8018 99
235 00
978 83
13502 91
9823 69
751 01
3992 83
6043 96
4868 06
1054 14
507 25
Gross Losses
Incurred
11593 26
7366 95
8018 99
235 00
978 83
1054 14
507 25
FIDELITY AND DEPOSIT COMPANY OF MARYLAND
Edwin Warfield President Habby Nicodejius Secretary
Home Office Northwest Corner Charles and Lexington Sts Baltimore Md
Aabon Haas Atlanta Attorney for Service in Georgia
1CAPITAL STOCK
1 Amount of capital paid up
in cash 2000000 00
2 Amount of ledger assets as per balance
December 31 of previous year 5749024 02
Extended at 5749024 02
IIINCOME
1 Gross premiums unpaid December 31 last
year Fidelity 3988650 surety 75
50783 115394 33
2 Gross premiums written and renewed
during the year Fidelity 115168430
surety 35422692 1505911 22
Total 1621305 55COMPTROLLERGENERALS REPORT
3 Deduct gross premiums now in course of
collection Fidelity 5773186 surety
7688639 134558 25
4 Entire premiums collected during the
year Fidelity 113383894 surety
35290836 1486747 30
5 Deduct reinsurance return premiums and
cancellations Fidelity 10615071
surety 1641233 122563 04
18 Total net cash actually received for premiums 1364184 26
21 Interest on bonds and dividends on stock 182848 14
23 Gross rents from companys property in
cluding 1250000 for companys own oc
cupancy 59532 72
24 Total interest and rents 242380 86
30 From all other sources Six months income commission
January 1st June 30 1905 safe deposit and banking
department 5403194 net appreciation in securities
20609886 260130 80
36 Total income 1866695 92
IIIDISBURSEMENTS
1 Gross amount paid for losses Fidelity
48125571 surety 14292581 624181 52
2 Deduct salvage and reinsurance Fidelity
10550788 surety 2838253 133890 41
3 Net amount paid policyholders for losses 490291 11
14 Investigation and adjustment of claims including legal
and other expenses in defense of suits against policy
holders viz Fidelity 2853714 surety 818843 36725 57
18 Commissions or brokerage less amount received on re
turn premiums and reinsurance for the following
classes Fidelity 26225931 surety 9130672 353566 03
22 Stockholders for interest or dividends amount declared
during the year 280000 00
23 Salaries fees and all other compensation of officers and
home office employees 121787 42
24 Salaries traveling and all other expenses of agents not
paid by commissions 41111 26
26 Inspections other than medical 17474 66
27 Rents companys own occupancy 12500 00
28 Repairs and expenses other than taxes on real estate 18135 90
29 Taxes on real estate 16739 33
33 in514
COMPTROLLERGENERALS REPORT
30 All other taxes licenses and insurance department fees 69753 24
31 Legal expenses not included in No 14 44343 33
32 Advertising 5776 59
33 Printing and stationers 14013 71
34 Postage and express 10726 34
35 Furniture and fixtures 1738 70
40 All other disbursements Incidentals 2626529 devel
opment 673377 brokerage 41950 3341S 56
45 Total disbursements 156S101 75
IVLEDGER ASSETS
1 Book value of real estate unincumbered 757000 00
4 Book value of bonds excluding interest 344985000
and of stocks 147282500 4922675 00
5 Cash deposited in banks 367943 19
11 Ledger assets 6047618 19
NOXLEDGEB ASSETS
19 Gross premiums in course of collection viz
On policies or renewals issued subsequent
to October 1 1905 Fidelity 2775529
surety 6184652 89601 81
On policies or renewals issued prior to Oc
tober 1 1905 Fidelity 2997657 sure
ty 1497987 44956 44
33 Total 134558 25
37 Gross assets 6182176 44
DEDUCT ASSETS NOT ADMITTED
43 Gross premiums in course of collection written prior to
October 1 1905 44956 44
51 Admitted assets 6137220 00
VLIABILITIES
1 Losses and claims
Adjusted Fidelity 5015 48
In process of adjustment Fidelity 35898 55
Reported proofs not received Fidelity 72295 95
Resisted Fidelity 38706529 surety
20542636 judgments against S H
Leathe and the company surety 83
04600 675437 65
17 Total unpaid claims 788747 63COMPTROLLERGENERALS REPORT 515
18 Gross premiums less reinsurance upon all unexpired
risks running one year or less from date of policy 1
43618324 unearned premiums fifty per cent 718091 62
21 Commissions brokerage and other charges due or to be
come due to agents or brokers on policies issued subse
quent to October 1 1905 viz Fidelity 693882 sure
ty 1546163 22400 45
40 Total amount of all liabilities except capital 1529239 70
41 Capital actually paid up in cash 2000000 00
42 Surplus over all liabilities 2696026 30
43 Surplus as regards policyholders 4696026 30
44 Total liabilities 6225266 00
Business in the State of Georgia during 1905
Gross premiums received on risks written or
renewed during the year
Gross losses paid
Gross losses incurred
Fidelity
Surety
18731 99 5638 03
6194 90 1779 66
1000 00 3178 88
GENERAL ACCIDENT ASSURANCE CORPORATION LIMITED
Muir Haughton United States Managers
Home Office 400 Walnut Street Philadelphia Pa
ICAPITAL STOCK
1 Amount of capital paid up
in cash deposit insurance
departments 250000 00
2 Amount of ledger assets as per balance
December 31 of previous year 549738 53
Extended at
549738 53
IIINCOME
As shown by the books at home office at close of business December 31 1905
i Gross premiums unpaid December 31 last
year Accident 2855358 liability
3820749 burglary 1137582 78136 89
2 Gross premiums written and renewed
during the year Accident 51795644
liability 23459529 burglary 89174
39 841726 12
3 Total 919SG3 01516
COMPTROLLERGENERALS REPORT
4 Deduct gross premiums now in course of
collection Accident 3422284 liabil
ity 4118300 burglary 1326075
88666 59
5 Entire premiums collected during the
year Accident 51228718 liability
23161978 burglary 8728946 831196 42
6 Deduct reinsurance return premiums and
cancellations Accident 6454030 lia
bility 7241382 burglary 1851406 155468 18
18 Total net cash actually received for premiums 675728 24
19 Interest on mortgage loans
21 Interest on bonds and dividends on stock
22 Interest from all other sources
23 Gross rents from companys property in
cluding 500000 for companys own oc
cupancy
923 89
14550 00
389 20
1700 00
24 Total interest and rents
25 Profit on sale or maturity of ledger assets Redemption
5000 Atchison Topeka Santa Fe bonds 7500 sale
100 shares Penn R R Co stock 85000 sale 50 shares
United Gas Improvement Co stock 131875 redemp
tion 2000 Penn Co 3i per cent bonds 4750
30 From all other sources Received from home office
24563 09
2291 25
84169 68
36 Total income
1752 26
IIIDISBURSEMENTS
As shown by the books at home office at close of business December 31 1905
1 Gross amount paid for losses Accident
and health 15686197 liability 66
00565 burglary 2313629 246003 91
2 Deduct salvage and reinsurance Acci
dent and health 212359 burglary
33820 2461 79
3 Net amount paid policyholders for losses 243542 12
14 Investigation and adjustment of claims including legal
and other expenses in defense of suits against policy
holders viz Accident 300892 burglary 31743 3326 35
18 Commissions or brokerage less amount received on re
turn premiums and reinsurance for the following
classes Accident 16560412 liability 5336240 bur
glary 2523846 244204 98
22 Stockholders for interest or dividends amount declared
during the year remitted home office 60136 92COMPTROLLERGENERALS REPORT
517
23 Salaries fees and other compensation of officers and home
office employees
25 Medical examiners fees and salaries
26 Inspections other than medical
27 Rents including 500000 for companys own occupancy
28 Repairs and expenses other than taxes on real estate
29 Taxes on real estate
30 All other taxes licenses and insurance department fees
31 Legal expenses not included in No 14
32 Advertising
33 Printing and stationery
34 Postage and express
35 Furniture and fixtures
40 All other disbursements Interest 116674 travel 4
52307 telegraph and telephone 137388 audit 1
60000 adv buttons 83852 miscellaneous expenses
281556 agents forfeited deposit returned 500000
50759 07
2839 95
1575 07
6349 96
2476 15
1262 25
13543 22
2010 50
275 00
13095 53
4302 88
3579 47
17317 77
45 Total disbursements 670597 19
IVLEDGER ASSETS
As shown by the books at home office at close of business December 31 1905
1 Book value of real estate unincumbered 98745 87
4 Book value of bonds excluding interest 52974323 and
stocks 995000 539693 23
5 Cash deposited in bank 27454 50
11 Ledger assets 665893 60
NONLEDGEB ASSETS
13 Interest accrued on bonds 3976 99
15 Interest accrued on other assets 56 98
19 Gross premiums in course of collection viz
On policies or renewals issued subsequent
to October 1 1905 Accident 2365059
liability 4065260 burglary 1284038 77143 57
On policies or renewals issued prior to
October T 1905 Accident 1057225 lia
bility 53040 burglary 42037 11523 02
33 Total 8866659
34 Other nonledger assets viz Due from other companies
amount determined only after closing of books amount
paid to this company in full January 10 1906 39295 70
37 Gross assets I 797889 86518
COMPTROLLERGENERALS REPORT
DEDUCT ASSETS NOT ADMITTED
43 Gross premiums in course of collection
written prior to October 1 1905 11523 02
44 Book value of ledger assets over market
value viz Bonds and stocks 30592 53
Total
51 Admitted assets
42115 55
755774 31
VLIABILITIES
1 Losses and claims
In process of adjustment Accident and
health 1530344 burglary 269100 17994 44
Resisted by the company Accident and
health 62500 burglary 10000 725 00
Resisted for policyholders Liability 85375 00
16 Net unpaid claims 104094 44
25 Gross premiums less reinsurance upon
all unexpired risks running one year or
less from date of policy 40090200 un
earned premiums fifty per cent 200451 00
26 Gross premiums less reinsurance upon
all unexpired risks running more than
one year from date of policy 3760421
unearned premiums pro rata 24780 81
27 Total unearned premiums 225231 81
28 Commission brokerage and other charges due or to be
come due to agents or brokers on policies issued subse
quent to October 1 1905 viz Accident 788353 lia
bility 1069578 burglary 428013 22859 44
47 Total amount of all liabilities except capital 352185 69
48 Capital actually paid up in cash 250000 00
49 Surplus over all liabilities 1535S8 62
50 Surplus as regards policyholders 403588 62

51 Total liabilities 755774 31
Business in the State of Georgia during 1905
Accident and
Health
9993 80
2684 83
5694 83
Gross premiums on risks written or renewed
during the year5
Gross losses paid
Gross losses incurred
Burglary
10 00COMPTROLLERGENERALS REPORT
519
GENERAL ACCIDENT INSURANCE COMPANY OF PENNSYLVANIA
Wm S Muie President Franklin J Mooee Secretary
Home Office 400 Walnut Street Philadelphia Pa
Wm A Wright Atlanta Attorney for Service in Georgia
ICAPITAL STOCK
1 Amount of capital paid up
in cash 100000 00
Amount of ledger assets as per balance
December 31 of previous year 251961 42
Extended at 251961 42
IIINCOME
As shown by the books at the home office at close of business December 31
Gross premiums unpaid December 31
last year Accident 13252 08
Gross premiums written and renewed dur
ing the year Accident 366365 43
Total 379617 51
Deduct gross premiums now in course of
collection Accident 7985 07
Entire premiums collected during the
year Accident 371632 44
Deduct reinsurance return premiums
and cancellations Accident 21189 85
Net cash actually received for premiums
19 Interest on mortgage loans 160 00
21 Interest on bonds and dividends on stock 8206 52
22 Interest from all other sources 32 44
24 Total interest and rents
26 Profit on sale or maturity of ledger assets Profit on
sale 100 shares Penn R R Co stock 85000 sale 50
shares United Gas improvement Co stock 131875
30442 59
8598 96
2168 75
36 Total income
361210 30
IIIDISBURSEMENTS
As shown by the books at the home office at close of business December 31
Gross amount paid for losses Accident
and health 126877 94
Deduct salvage and reinsurance Ac
cident and health 613 69
Net amount paid policyholders for losses
126264 25520
COMPTROLLERGENERALS REPORT
14 Investigation and adjustment of claims including legal
and other expenses in defense of suits against policy
holders viz Accident
18 Commissions or brokerage less amount received on re
turn premiums and reinsurance for the following
classes Accident
23 Salaries fees and other compensation of officers and
home office employees
25 Medical examiners fees and salaries
27 Rents
30 All other taxes licenses and insurance department fees
31 Legal expenses not included in No 14
33 Printing and stationery
34 Postage and express
33 Furniture and fixtures
40 All other disbursements Traveling expense 665961
miscellaneous expense 67803
45 Total disbursements
6190 57
95507 60
34958 61
2807 46
3700 00
7576 14
208 40
4996 45
9788 14
90 55
7337 64
299425 81
IVLEDGER ASSETS
As shown by the books at the home office at close of business December 31
2 Mortgage loans on real estate first liens 4000 00
4 Book value of bonds excluding interest 296805 45
5 Cash deposited in bank 12940 46
11 Ledger assets
313745 91
NONIEDCER ASSETS
12 Interest accrued on mortgages
13 Interest accrued on bonds
15 Interest accrued on other assets
46 66
3652 03
49 53
Total
19 Gross premiums in course of collection
viz On policies or renewals issued
subsequent to Oct 11905 Accident if
On policies or renewals issued prior to
October 1 1905 Accident
2214 43
5740 64
33 Total
3748 22
7985 07
37 Gross assets
DEDUCT ASSETS NOT ADMITTED
43 Gross premiums in course of collection
written prior to October 1 1905 5740 04
44 Book value of ledger assets over market
value viz Bonds 4157 36
325479 20
Total
51 Admitted assets
9898 00
315581 20COMPTROLLERGENERALS REPORT
521
VLIABILITIES
Losses and claims In process of adjust
ment Accident and health 13505 50
Resisted by company Accident and
health 9100 00
16 Net unpaid claims 22605 50
17 Special reserve for unpaid losses Accident 25000 00
25 Gross premiums less reinsurance upon all unexpired
risks running one year or less from date of policy
11224556 unearned premiums 50 per cent 56122 78
28 Commission brokerage and other charges due or to be
come due to agents or brokers on policies issued sub
sequent to October 1 1905 viz Accident 748 15
32 Salaries rents expenses taxes bills accounts fees
etc due or accrued 45000 00
47
48
49
50
51
Total amount of all liabilities except capital
Capital actually paid up in cash 100000 00
Surplus over all liabilities 66104 77
Surplus as regards policyholders
Total liabilities
Business in Georgia during 1905
Gross premiums written or renewed during the year Acci
dent and health
Gross losses paid Accident and health
Gross losses incurred Accident and health
149476 43
166104 77
315581 20
30 00
50 00
50 00
GREAT EASTERN CASUALTY AND INDEMNITY CO OF N Y
Lewis H Fibel President Thomas H Darling Secretary
Principal Office 290294 Broadway New York
Shepard Bryan Atlanta Attorney for Service in Georgia
Icapital stock
1 Amount of capital paid up
in cash 150000 00
2 Amount of ledger assets December 31 as
per balance of previous year 281791 72
Extended at 281791 72
IIincome
As shown by the books at the home office at close of business December 31
1 Gross premiums unpaid December 31
last year Accident 1447582 health
303830 17514 12522
COMPTROLLERGENERALS REPORT
2 Gross premiums written and renewed
during the year Accident 28575083
health 9256379
378314 62
3 Total 395828 74
4 Deduct gross premiums now in course of
collection Accident 1616748 health
202888 18496 36
5 Entire premiums collected during the
year Accident 28405917 health
9327321 377332 38
6 Deduct reinsurance return premiums
and cancellations Accident 4228100
health 1269598 55976 98
18 Total net cash actually received for premiums 321355 40
21 Interest on hondsand dividends on stock 9213 83
22 Interest from all other sources 790 01
24 Total interest and rents
25 Profit on sale or maturity of ledger assets 112 shares
Baltimore and Ohio Railroad 15000 three Oregon
Short Line Railroad bonds 37002
36 Total income
10003 84
1420 02
332779 26
IIIDISBURSEMENTS
As shown by the books at home office at close of business December 31 1905
Gross amount paid for losses Accident
8516329 health 2137193 106535 22
18
22
23
24
25
27
30
31
32
33
34
Net amount paid policy holders for losses
Commissions on brokerage less amount received on re
turn premiums and reinsurance for the following
classes Accident 7740159 health 2463271
Stockholders for interest or dividends amount declared
during the year
Salaries fees and other compensation of officers and
home office employees
Salaries traveling and all other expenses of agents not
paid by commissions
Medical examiners fees and salaries
Rents
All other taxes licenses and insurance department fees
Legal expenses
Advertising
Printing and stationery
Postage and express
106535 22
102034 30
7500 00
31545 01
735 00
1572 35
3000 00
5658 56
1767 79
454 96
8031 10
3775 00COMPTROLLERGENERALS REPORT 523
35 Furniture and fixtures 424 23
36 Loss on sale or maturity of ledger assets 100 shares
Minnesota and St Louis Railroad preferred 27 00
40 All other disbursements Return premiums 262685
Journal sub 14875 traveling expense 246823
general expense 569144 10935 27
45 Total disbursements 283995 79
IVLEDGEB ASSETS
As shown by the books at home office at close of business December 31 1905
4 Book value of bonds excluding interest
20534419 and stocks 7736875 282712 94
5 Cash in companys office 856164 de
posited in bank 3930061 47862 25
11 Ledger assetsI 330LO75 19
NONLEDGEB ASSETS
13 Interest due and accrued on bonds 1537 81
15 Interest due and accrued on other assets 59 60
1597 41
18 Market value not including interest on item 13 of bonds
and stock over book value 3124 56
19 Gross premiums in course of collection viz
On policies or renewals issued subsequent
to October 11905 Accident 1586340
health 221588 38079 28
On policies or renewals issued prior to
October 1 1905 Accident 30408
health 11300 417 08
33 Total 18496 36
37 Gross assets 353793 52
DEDUCT ASSETS NOT ADMITTED
43 Gross premiums in course of collection written prior
to October 1 1905 417 08
51 Admitted assets 353376 44
VLIABILITIES
As shown by the books at home office at close of business December 31 1905
1 Losses and claims
Reported proofs not received accident
375890 health 724930 11008 20
Resisted by company 1500 00
16 Net unpaid claims 12508 20524 COMPTROLLERGENERALS REPORT
26 Gross premiums less reinsurance upon all unexpired
risks running more than one year from date of policy
17993740 unearned premiums pro rata
28 Commission brokerage and other charges due or to be
come due to agents or brokers on policies issued subse
quent to October 1 1905 viz Accident 778516
health 66476
47 Total amount of all liabilities except capital
48 Capital actually paid up in cash 150000 00
49 Surplus over all liabilities 92449 62
50 Surplus as regards policyholders
51 Total liabilities
Business in Georgia during 1905
Accident
Gross premiums on risks written or renewed
during the year 1038 78
Gross losses paid 211 27
Gross losses incurred 211 27
89968 70
8449 92
110926 82
242449 62
353376 44
Health
490 66
157 01
157 01
GUARANTEE COMPANY OF NORTH AMERIC V
Edward Rawlings President Richard B Scott Secretary
Home Office 57 Beaver Hall Hill Montreal Canada
W V Custer Atlanta Attorney for Service in Georgia
ICAPITAL STOCK
1 Amount of capital paid up in cash 304600 00
Extended at 1242472 94
IIIXCOME
As shown by the books at the home office at close of business December 31
1 Gross premiums unpaid December 31 last
year Fidelity 6044 78
2 Gross premiums written and renewed
during the year Fidelity 244255 66
Total 250300 44
3 Deduct gross premiums now in course of
collection 5735 39
4 Entire premiums collected during the
year
5 Deduct reinsurance return premiums and
cancellations
244565 05
49177 33
18 Total net cash actually received for premiums 195387 72COMPTROLLERGENERALS REPORT
525
21 Interest on bonds and dividends on stock 46896 84
22 Interest from all other sources 2641 10
23 Gross rents from companys property 3032 33
24
2S
Total interest and rents
Profit on sale or maturity of ledger as
sets 200 shares stock Merchants bank
of Canada 355000 300 shares stock
Montreal Street Railway 71249
Loss on sale of 100 shares stock Lake of
the Woods Milling Company
52570 27
4262 49
939 50
3322 99
36 Total income 251280 98
IIIDISBURSEMENTS
As shown by the books at the home office at close of business
1 Gross amount paid for losses Fidelity 83520 72
Deduct salvage and reinsurance Fidelity
22245 35
13
14
18
22
23
24
26
27
28
29
30
31
32
33
34
40
Net amount paid policyholders for losses
Investigation and adjustment of claims including legal
and other expenses in defense of suits against policy
holders viz Fidelity
Commissions or brokerage less amount received on re
turn premiums and reinsurance for the following
class Fidelity
Stockholders for interest or dividends amount declared
during the year
Salaries fees and other compensation of officers and
home office employees
Salaries traveling and all other expenses of agents not
paid by commissions
Inspections other than medical
Rents including 225000 for companys own occupancy
Repairs and expenses other than taxes on real estate
Taxes on real estate
All other taxes licenses and insurance department fees
Legal expenses not included in No 14
Advertising
Printing and stationery
Postage and express
All other disbursements Sundry office expenses
December 31
61275 37
1328 20
6934 57
24368 00
46288 00
23811 23
15663 93
7723 37
384 58
608 53
6255 92
1438 28
1283 70
3706 65
5933 72
2974 16
45 Total disbursements 209978 21
IVLEDGER ASSETS
As shown by the books at the home office at close of business December 31
1 Book value of real estate unincumbered 52350 00
4 Book value of bonds excluding interest 38149800
stocks 66010367 1041601 67526
COMPTROLLERGENERALS REPORT
5
8
11
13
15
18
19
37
40
51
15
16
25
26
27
28
32
38
47
48
49
50
51
Cash in companys office 348859 deposited in bank
18253680
Furniture and safe
186025 39
3798 65
Ledger assets
NONLEDGER ASSETS
Interest accrued on bonds
Interest accrued on other assets
Market value not including interest in item 13 of
bonds and stocks over book value
Gross premiums in course of collection viz Fidelity
on policies or renewals issued subsequent to Oct 1
1283775 71
7579 83
1633 32
39924 50
5735 39
Gross assets 338648 75
DEDUCT ASSETS NOT ADMITTED
Furniture and fixtures
79S 65
Admitted assets
VLIABILITIES
Losses and claims Fidelity in process of
adjustment
Deduct reinsurance
1334850 10
23771 00
785 00
Net unpaid claims
Gross premiums less reinsurance upon
all unexpired risks running one year or
less from date of policy 20250063
unearned premiums 50 per cent
Gross premiums less reinsurance upon
all unexpired risks running more than
one year from date of policy152900
unearned premiums pro rata
986 00
101250 31
1529 00
102779 31
Total unearned premiums
Commission brokerage and other charges due or to be
come due to agents or brokers on policies issued sub
sequent to October 1 viz Fidelity
Salaries rents expenses taxes bills accounts fees etc
due or accrued
Other liabilities viz Special reserve for contingencies
Total amount of all liabilities except capital
Capital actually paid up in cash 304600 00
Surplus over all liabilities 877587 19
Surplus as regards policy holders 1182187 19
Total liabilities 1334850 10
Business in Georgia during 1905
2S6 77
6610 83
20000 00
152662 91
Fidelity
Gross Premiums on
Risks Written or re Gross Losses Paid Gross Losses
newed during the year Incurred
6707 79 3864 00 1353 07COMPTROLLERGENERALS REPORT
527
HARTFORD STEAM BOILER INSPECTION AND INSURANCE COM
PANY OP CONNECTICUT
L B Brainerd President J B Pierce Secretary
Home Office 650 Main Street Hartford Conn
ICAPITAL STOCK
1 Amount of capital paid up
in cash 500000 00
2 Amount of net ledger assets as per bal
ance December 31 1904 3051113 62
Extended at 3051113 62
IIIJfCOME
Steam Boiler
264450 52
1 Gross premiums unpaid December 31 last
year
2 Gross premiums written and renewed
during the year 1429695 08
3 Total 1694145 60
4 Deduct gross premiums now in course of
collection 308698 57
5 Entire premiums collected during the
year 1385447 03
6 Deduct reinsurance return premiums and
cancellations 157222 37
18 Total net cash actually received for premiums 1228224 66
19 Interest on mortgage loans 39392 12
21 Interest on bonds and dividends on stock 97015 76
22 Interest from all other sources 3362 01
23 Gross rents from companys property 389 90
24 Total interest and rents
25 Profit on sale or maturity of ledger assets On real estate
2445000 on sale or maturity of securities 468300
Dayton and Western R R Co bonds
29 Special inspections and expert mechanical service
140159 79
29133 00
18155 81
36 Total income 1415673 26
IIIDISBURSEMENTS
13 Net amount paid policyholders for losses Steam boiler 85425 51
J8 Commissions or brokerage less amount received on re
turn premiums and reinsurance for the following
classes Steam boiler 280523 11528
COMPTROLLERGENERALS REPORT
22 Stockholders for interest or dividends amount declared
during the year
23 Salaries fees and all other compensation of officers and
home office employees
2 Salaries traveling and all other expenses of agents not
paid by commissions
26 Inspections other than medical
27 Rents companys own occupancy
28 Repairs and expenses other than taxes on real estate
29 Taxes on real estate
30 All other taxes licenses and insurance department fees
31 Legal expenses
32 Advertising
33 Printing and stationery
34 Postage and express
35 Furniture and fixtures
36 Loss on sale or maturity of securities Texas N O R
R bonds 269000 Gladwin Mich bonds 7000 Ath
ens Ga bonds 1000 Beaver township drainage
bonds 10000 Albion Neb village bonds 6750
agents balances 225000
60000 00
52550 00
126092 44
461568 80
5500 00
900 94
158 61
41474 53
674 91
5339 43
17397 79
11109 87
2706 42
5187 50
44 Total disbursements 1156609 86
IVLEDGER ASSETS
1 Book value of real estate unincumbered 14690 00
2 Mortgage loans on real estate first liens 952645 00
4 Book value of bonds excluding interest 194272343 and
stocks 26228636 2205009 79
5 Cash in companys office 1545409 deposited in bank
12237814 137832 23
11 Ledger assets 3310177 02
NOXLEDGEB ASSETS
12 Interest accrued on mortgages
18 Market value of bonds and stocks over book value
19 Gross premiums in course of collection viz
Steam Boiler
On policies or renewals issued subsequent
to October 1 1905 201827 69
On policies or renewals issued prior to
October 1 1905 106870 88
24082 58
152059 21
33 Total
308698 57
37 Gross assets 3795017 3SCOMPTROLLERGENERALS REPORT
529
DEDUCT ASSETS NOT ADMITTED
43 Gross premiums in course of collection written prior to
October 11905
106870 88
51 Admitted assets 3
148 50
VLIABILITIES
1 Losses and claims in process of adjustment steam boiler
18 Gross premiums less reinsurance upon
all unexpired risks running one year or
less from date of policy 6509183 un
earned premiums fifty per cent 32545 91
19 Gross premiums less reinsurance upon all
unexpired risks running more than one
year from date of policy 352002989
unearned premiums pro rata 1819160 42
34G14 94
20 Total unearned premiums 1851706 33
21 Commissions brokerage and other charges due or to be
come due to agents or brokers on policies issued sub
sequent to October 1 1905 viz Steam boiler 40365 54
40 Total amount of all liabilities except capital 1926686 81
41 Capital actually paid up in cash 500000 00
42 Surplus over all liabilities 1261459 69
43 Surplus as regards policyholders 1761459 69
44 Total liabilities
Business in Georgia during 1905
Gross premiums received on risks written or renewed during
the year
Gross losses paid
Gross losses incurred
34 in
3688146 Steam Boiler 50
14606 01
758 96
553 08
530
COMPTROLLERGENERALS REPORT
LONDON GUARANTEE AND ACCIDENT COMPANY LIMITED
A W Masters General Manager
Home Office for the United States 315 Dearborn Street Chicago 111
ICAPITAL STOCK
1 Amount of capital paid up
in cash statutory de
posit 250000 00
2 Amount of ledger assets as per balance
December 31 of previous year 1429929 78
3 Increase of deposit capital during the year 50000 00
Extended
at 1479929 78
IIIXOOMF
1 Gross premiums unpaid December 31 last
year Accident 3400466 liability
20813956 242144 22
2 Gross premiums written and renewed
during the year Accident 18882346
liability 128841380 credit 2742250 1504659 76
3 Total 1746803 98
4 Deduct gross premiums now in course of
collection Accident 2587976 liabil
ity 20238120 credit 427500 232535 96
5 Entire premiums collected during the
year Accident 19694836 liability
129417216 credit 2314750 1514268 02
6 Deduct reinsurance return premiums and
cancellations Accident 3694997 lia
bility 18210829 credit 200000 221058 26
18 Total net cash actually received for premiums 1293209 76
21 Interest ombonds and dividends on stock 46924 42
22 Interest from all other sources 2128 28
36 Total income
1342262 46
IIIDISBTJBSEMENTS
1 Gross amount paid for losses Accident 8538001 lia
bility 32932439
14 Investigation and adjustment of claims including legal
and other expenses in defense of suits against policy
holders viz Accident 52707 liability 13879986
414704 40
139326 93COMPTROLLERGENERALS REPORT
531
18 Commissions or brokerage less amount received on re
turn premiums and reinsurance for the following
classes Accident 4507403 liability 28624166
credit 634425 337659 94
22 Stockholders for interest or dividends amount declared
during the year remitted home office 50571 73
23 Salaries fees and all other compensation of officers and
home office employees 70911 74
24 Salaries traveling and all other expenses of agents not
paid by commissions 26626 69
26 Inspections other than medical 9189 08
27 Rents 8710 83
30 All other taxes licenses and insurance department fees 20099 70
31 Legal expenses not included in No 14 1423 43
32 Advertising 3617 10
33 Printing and stationery 11812 60
34 Postage and express 3494 21
35 Furniture and fixtures 2426 21
40 All other disbursements Traveling expenses 382990
exchange 48222 trustees and auditors fees 2425
sundry 872971 15466 83
45 Total disbursements 1116041 42
IVLEDGEE ASSETS
4 Book value of bonds excluding interest 1573172 37
5 Cash in companys office 97845 deposited in banks
13200000 132978 45
11 Ledger assets 1706150 82
NONLEDGEE ASSETS
1 h ot o 70
13 Interest accrued on bonds
19 Gross premiums in course of collection viz
On policies or renewals issued subsequent
to October 1 1905 Accident 2455760
liability 19462332 credit 427500 223455 92
On policies or renewals issued prior to
October 1 1905 Accident 132216 lia
bility 775788 9080 04
232535 96
33 Total
1956500 48
37 Gross assets
DEDUCT ASSETS NOT ADMITTED
43 Gross premiums in course of collection
written prior to October 1 1905 9080 04532
COMPTROLLERGENERALS REPORT
44 Book value of ledger assets over market
value viz Bonds owned
Total
51 Admitted assets
47299 47
56379 51
1900120 97
VLIABILITIES
1 Losses and claims
In process of adjustment
Resisted
Accident
15515 06
13300 00
13 Total 28815 06
1C Special reserve for unpaid liability
losses 853584 02
17 Total unpaid claims and expenses of settlement
18 Gross premiums less reinsurance upon
all unexpired risks running one year or
less from date of policy 90336278 un
earned premiums 50 per cent 451681 39
19 Gross premiums less reinsurance upon
all unexpired risks running more than
one year from date of policy 7167661
unearned premiums pro rata 43592 74
20 Total unearned premiums
21 Commissions brokerage and other charges due or to be
come due to agents or brokers on policies issued subse
quent to October 1 1905 viz Accident 675334 liabil
ity 5352141 credit 128250
Salaries rents expenses taxes bills accounts fees etc
due or accrued
25
40 Total amount of all liabilities except capital
41 Capital actually paid up in cash
42 Surplus over all liabilities
43 Surplus as regards policyholders
250000 00
209810 17
882399 OS
495274 13
61557 25
1080 34
1440310 80
459810 17
44 Total liabilities I 1900120 97
Business in Georgia during 1905
Accident
Gross premiums received on risks written
or renewed during the year
Gross losses paid
Gross losses incurred
Liability
1442 00 6001 39
281 55 2292 2T
281 55 2292 27
COMPTROLLERGENERALS REPORT
533
LLOYDS PLATE GLASS INSURANCE COMPANY OP NEW YORK
William T Woods President Charles E W Chambers Secretary
Home Office No 63 William Street New York N Y
A L Waldo Atlanta Attorney for Service in Georgia
ICAPITAL STOCK
1 Amount of capital paid up
in cash 250000 00
2 Amount of ledger assets as per balance
December 31 of previous year 701112 83
Extended at 701112 83
IIINCOME
As shown by the books at home office at close of business December 31 1905
1 Gross premiums unpaid December 31 last
year Plate glass 76542 13
2 Gross premiums written and renewed
during the year Plate glass 468877 44
Total 545419 57
3 Deduct gross premiums now in course of
collection Plate glass 79534 43
4 Entire premiums collected during the
year Plate glass 465885 14
5 Deduct reinsurance return premiums and
cancellations Plate glass 21881 60
18 Total net cash actually received for premiums5
21 Interest on bonds and dividends on stock 19112 52
23 Gross rents from companys property 14177 65
24 Total interest and rents
25 Profit on sale or maturity of ledger assets Sale of 100
shares New York Air Brake Co stock
30 From all other sources On profit and loan account
444003 54
33290 17
433 50
18 23
36 Total income 477745 44
IIIDISBURSEMENTS
As shown by the books at home office at close of business December 31 1905
Plate Glass
1 Gross amount paid for losses 138258 10
2 Deduct salvage and reinsurance
793 88
3 Net amount paid policyholders for losses
129464 22534 COMPTROLLERGENERALS REPORT
18 Commissions or brokerage less amount received on re
turn premiums and reinsurance for the following
classes Plate glass
22 Stockholders for interest or dividends amount declared
during the year
23 Salaries fees and other compensation of officers and
home office employees
24 Salaries traveling and all other expenses of agents not
paid by commissions
27 Rents
28 Repairs and expenses other than taxes on real estate
29 Taxes on real estate
30 All other taxes licenses and insurance department fees
31 Legal expenses
32 Advertising
33 Printing and stationery
34 Postage and express
35 Furniture and fixtures
40 All other disbursements Sundries 517386 profit and
loss 106
45 Total disbursements
149093 32
50000 00
54938 00
611 13
1074 55
5121 32
5165 49
13596 42
121 25
2310 01
2656 85
4OSS 67
258 14
5174 92
423669 29
LEDGER ASSETS
As shown by the books at home office at close of business December 31 1905
1 Book value of real estate unincumbered 245703 18
4 Book value of bonds excluding interest 23441487 and
stocks 24331371
5 Cash in companys office 1298658 deposited in bank
1871064
477728 58
31697 22
11 Ledger assets
7551SS 98
NONLEDGEB ASSETS
17 Market value of real estate over book value
18 Market value of bonds and stock over book value
19 Gross premiums in course of collection viz
Plate Glass
On policies or renewals issued subsequent
to October 1 1905 76431 15
On policies or renewals issued prior to Oc
tober 1 1905 3103 28
33 Total
34 Other nonledger assets viz Salvage glass on hand 4
37152 sundry accounts 22000
37 Gross assets
19236 82
9311 20
79534 4S
4591 52
867862 95COMPTROLLERGENERALS REPORT
535
DEDUCT ASSETS NOT ADMITTED
43 Gross premiums in course of collection
written prior to October 1 1905 3103 28
44 Book value of ledger assets over market
value viz Salvage glass on hand 4
37152 sundry accounts 22000 4591 52
Total
51 Admitted assets
7694
860168 15
VLIABILITIES
1 Losses and claims In process of adjustment plate glassS
25 Gross premiums less reinsurance upon
all unexpired risks running one year or
less from date of policy 37780255 un
earned premiums 50 per cent 188901 27
26 Gross premiums less reinsurance upon
all unexpired risks running more than
one year from date of policy 11470350
unearned premiums pro rata 61250 92
27 Total unearned premiums
28 Commission brokerage and other charges due or to be
come due to agents or brokers on policies issued subse
quent to October 1 1905 viz Plate glass
38 Other liabilities viz Due for plate glass and glazing
47 Total amount of all liabilities except capital
48 Capital actually paid up in cash 250000 00
49 Surplus over all liabilities 316750 08
50 Surplus as regards policyholders
51 Total liabilities
5973 35
250152 19
25477 05
11815 48
293418 07
566750 08
860168 15
Business in Georgia during 1905
Gross premiums on risks written or renewed during the yeari
Gross losses paid
Gross losses incurred
Plate Glass
1663 77
705 92
805 79536
COMPTROLLERGENERALS REPORT
MARYLAND CASUALTY COMPANY OP MARYLAND
John T Stone President James P Mitchell Secretary
Home Office Maryland Casualty Building Baltimore Md
A Haas Sox Atlanta Attorney for Service in Georgia
ICAPITAL STOCK
1 Amount of capital paid up
in cash 750000 00
2 Amount of ledger assets as per balance
December 31 of previous year 2888726 70
Extended at 28S8726 70
IIINCOME
As shown by the books at home office at close of business December 31
1 Gross premiums unpaid December 31 last
year Accident 8131325 health 9
05G34 liability 25261726 plate glass
3463962 steam boiler 2246466
burglary 2810284 sprinkler 12289
49 440483 46
2 Gross premiums written and renewed
during the year Accident 58506881
health 7115175 liability 1445368
70 plate glass 21228747 steam boil
er 13304599 burglary 22435369
sprinkler 9200048 2763276 89
1905
Total 3203760 35
Deduct gross premiums now in course of
collection Accident 8693802 health
1034852 liability 23514375 plate
glass 3206506 steam boiler 2S855
71 burglary 3510360 sprinkler 15
19270 443647 36
4 Entire premiums collected during the
yearAccident 57944404 health 69
85957 liability 146284221 plate
glass 21486203 steam boiler 126
65494 burglary 21735293 sprinkler
8909727 2760112 99
5 Deduct reinsurance return premiums and
cancellations Accident 15300171
health 1860519 liability 30351757
plate glass 5149879 steam boiler 31COMPTROLLERGENERALS REPORT
537
64391 burglary 7467787 sprinkler
1924877 652193 81
18 Total net cash actually received for premiums 2107919 18
21 Interest on bonds and dividends on stock 94659 96
22 Interest from all other sources 1162 86
23 Gross rents from companys property 9358 12
24 Total interest and rents 105180 94
25 Profit on sale or maturity of ledger assets Virginia Cen
tury 1110188 Drovers Mechanics Nat Bank 30
000 Central of New Jersey 12500 Penna Company
gold loan 4250 Louisville and Nashville Unified 4s
27082 41978 52
29 Inspections 66754 59
36 Total income 2321394 91
IIIDISBURSEMENTS
As shown by the books at home office at close of business December 31 1905
1 Gross amount paid for losses Accident
19909863 health 2880437 liability
46871936 plate glass 6222728
steam boiler 570385 burglary 52
08597 sprinkler 2890801 845547 47
2 Deduct salvage and reinsurance Accident
349215 health 27856 liability 2
88695 plate glass 151926 steam boil
er 20000 burglary 1097014 sprink
ler 26222 19609 28
3 Net amount paid policyholders for losses
14 Investigation and adjustment of claims including legal
and other expenses in defense of suits against policy
holders viz Accident 494306 health 40503 lia
bility 23313566 plate glass 25125 steam boiler
46091 burglary 356721 sprinkler 392395
18 Commissions or brokerage less amount received on re
turn premiums and reinsurance for the following
classes Accident 15031490 health 1596425 lia
bility 27166453 plate glass 5544751 steam boiler
3605927 burglary 4036128 sprinkler 1660387
22 Stockholders for interest or dividends amount declared
during the year
23 Salaries fees and other compensation of officers and
home office employees
24 Salaries traveling and all other expenses of agents not
paid by commissions
25 Medical examiners fees and salaries
825938 19
246687 07
586415 61
90000 00
125295 41
83329 95
1500 0053
COMPTROLLERGENERALS REPORT
26 Inspections other than medical 54276 46
27 Rents companys own occupancy 9803 22
28 Repairs and expenses other than taxes on real estate 2406 90
30 All other taxes licenses and insurance department fees 47637 801
31 Legal expenses not included in No 14 4999 92
32 Advertising 11987 31
33 Printing and stationery 13540 07
34 Postage and express 3128 37
40 All other disbursements General expense 651999
traveling 323633 9756 32
45 Total disbursements t 2117302 60
IVLEDGER ASSETS
As shown by the books at home office at close of business December 31 1905
1 Book value of real estate 420836 49
4 Book value of bonds excluding interest 224827320
and stocks 19724675 2445519 95
5 Cash in companys office 2950903 deposited in bank
8126114 110770 IT
6 Bills receivable 4859 22
7 Other ledger assets Ground rent 10000000 agents
balances 1083318 110833 18
11 Ledger assets 3092819 01
NOXIKIMIKI ASSETS
13 Interest accrued on bonds 133S4 60
19 Gross premiums in course of collection viz
On policies or renewals issued subsequent to October 1
1905 Accident 8693802 health 1034852 liability
23514375 plate glass 3206506 steam boiler 28
85571 burglary 3510360 sprinkler 1519270 443647 36
37 Gross assets 3549850 97
DEDUCT ASSETS NOT ADMITTED
39 Bills receivable 4859 22
44 Book value of ledger assets over market
value viz 5139862 agents balances
1083318 62231 80
Total
67091 02
51 Admitted assets 34S2759 95COMPTROLLERGENERALS REPORT
539
IIILIABILITIES
1 Losses and claims
In process of adjustment Accident 30
32014 health 345821 liability 79
29900 plate glass 805100 steam boil
er 989604 burglary 532864 sprink
ler 172000 3
Resisted by company Accident 781875
health 33750 steam boiler 397500
burglary 183750
Resisted for policyholders Liability
138073 03
13968 75
320967 75
16 Net unpaid claims
17 Special reserve for unpaid losses viz Liability
21 Estimated expenses incident to the settlement of unpaid
claims viz Accident 344289 health 17579 liabil
ity 13342225 plate glass 4371 steam boiler 2
13896 burglary 107586
Gross premiums less reinsurance upon
all unexpired risks running one year or
less from date of policy 162547246
unearned premiums 50 per cent
Gross premiums less reinsurance upon
all unexpired risks running more than
one year from date of policy 237677
12 unearned premiums pro rata
27 Total unearned premiums
Commission brokerage and other charges due or to be
come due to agents or brokers on policies issued subse
quent to October 1 1905 viz Accident 2897934
healta 310455 liability 5301960 plate glass 10
68835 steam boiler 721393 burglary 965349
sprinkler 379817
Total amount of all liabilities except capital
48 Capital actually paid up in cash 750000 00
49 Surplus over all liabilities 903594 64
Surplus as regards policyholders
25
26
28
812736 23
136662 66
473009 53
150000 00
140299 46
949398 89
47
50
51
116457 43
1829165 31
1653594 64
Total liabilities 3482759 95
Business in Georgia during 1905
Accident
Health
Liability
Plate glass
Steam boiler
Burglary
Sprinkler
Gross Premiums
on Risks Written
34288 55
1469 12
26575 18
2541 18
1429 17
2502 82
504 83
Gross Losses
Paid
17590 42
1188 00
9306 30
630 18
2173 31
136 41
Gross L sses
Incurr d
17590 42
1188 00
9306 30
630 18
2173 31
130 41540
COMPTROLLERGENERALS REPORT
THE METROPOLITAN PLATE GLASS AND CASUALTY INSURANCE
COMPANY OF NEW YORK
Eugene H Winslow President S W Burton Secretary
Home Office 47 Cedar Street New York City
J L Riiey Atlanta Attorney for Service in Georgia
t
ICAPITAL STOCK
1 Amount of capital paid up
in cash 200000 00
2 Amount of ledger assets as per balance
December 31 of previous year
Extended at
541353 32
541353 ul
IIIXCOME
As shown by the books at home office at close ot business December 31 1905
1 Gross premiums unpaid December 31 last
year Accident 469613 health 488
plate glass 6638374 71567 87
2 Gross premiums written and renewed
during the year Accident 6847244
health 1129664 plate glass 486304
66 566073 74
Total 637641 61
Deduct gross premiums now in course of
collection Accident 1071479 health
186125 plate glass 6589093 78466 97
3 Entire premiums collected during the
year Accident 6245378 health 9
92339 plate glass 48679747 559174 64
5 Deduct reinsurance return premiums and
cancellations Accident 1143851
health 217429 plate glass 6501016 78522 96
IS Total net cash actually received for premiums 480651 68
21 Interest on bonds and dividends on stock 18524 95
22 Interest from all other sources 724 56
24 Total interest and rents
19249 51
36 Total income 499901 19COMPTROLLERGENERALS REPORT
541
IIIDISBURSEMENTS
As shown by the books at home office at close of business December 31 1905
1 Gross amount paid for losses Accident
1399541 health 158425 plate glass
14979624 165375 90
2 Deduct salvage and reinsurance Plate
glass 1166 75
3 Net amount paid policyholders for losses 164209 15
18 Commissions or brokerage less amount received on re
turn premiums and reinsurance for the following
classes Accident 1879380 health 204086 plate
glass 15440381 175238 47
22 Stockholders for interest or dividends amount declared
during the year 20000 00
23 Salaries fees and other compensation of officers and
home office employees 62080 34
24 Salaries traveling and all other expenses of agents not
paid by commissions 9423 51
25 Medical examiners fees and salaries 530 30
27 Rents 6380 80
30 All other taxes licenses and insurance department fees 13612 92
31 Legal expenses 382 92
32 Advertising 3333 18
33 Printing and stationery 9692 42
34 Postage and express 3486 96
35 Furniture and fixtures 1117 36
40 All other disbursements Profit and loss 74719 sun
dries 593735 6684 54
45 Total disbursements 476172 87

IVLEDGER ASSETS
As shown by the books at home office at close of business December 31 1905
4 Book value of bonds excluding interest 41530625 and
stocks 10262870 1 517934 95
5 Cash in companys office 201733 deposited in bank
4512936 47146 69
11 Ledger assets 565081 64
NONLEDGER ASSETS
13 Interest accrued on bonds 4410 80
18 Market value not including interest in item 13 of bonds
and stock over book value 27945 05
19 Gross premiums in course of collection viz
On policies or renewals issued subsequent
to October 1 1905 Aceident 1029071
health 186125 plate glass 6502839 77180 35542 COMPTROLLERGENERALS REPORT
On policies or renewals issued prior to Oc
tober 1 1905 Accident 42408 plate
glass 86254 L286 62
Total
34 Other nonledger assets viz Plate glass on hand 3370
70 accounts due for glass sold 8801
37 Gross assets
DEDUCT ASSETS NOT ADMITTED
43 Gross premiums in course of collection written prior to
October 1 1905
51 Admitted assets
78406 97
3458 71
679363 17
1286 62
678076 55
VLIABILITIES
1 Losses and claims
In process of adjustment Plate glass 6899 40
Reported proofs not received Accident
263100 health 27750 2908 50
Resisted by company Accident 2500 00
16 Net unpaid claims
25 Gross premiums less reinsurance upon all unexpired
risks running one year or less from date of policy 491
34056 unearned premiums 50 per cent
28 Commission brokerage and other charges due or to be
come due to agents or brokers on policies issued subse
quent to October 1 1905 viz Accident 377107
health 65143 plate glass 2290591
32 Salaries rents expenses taxes bills accounts fees etc
due or accrued
37 Reinsurance
47 Total amount of all liabilities except capital
48 Capital actually paid up in cash 200000 00
49 Surplus over all liabilities 190889 55
50 Surplus as regards policyholders
51 Total liabilities
12307 90
245670 28
27328 41
1588 00
292 41
287187 00
3908S9 55
67S076 55
Business in Georgia daring 1905
Accident Health
Gross premiums on risks writ
ten or renewed during the
year 11593 11 2138 94
Gross losses paid 1282 38 264 28
Gross losses incurred 1672 38 314 28
lateG ass
2434 30
701 12
738 32
COMPTROLLERGENERALS REPORT
543
METROPOLITAN SURETY COMPANY OP NEW YORK
John J Caullet President Frank A Condon Secretary
Home Office 38 Park Row New York City
ICAPITAL STOCK
1 Amount of capital paid up
in cash 500000 00
2 Amount of ledger assets as per balance
April 1 1905
3 Increase of paidup capital during the
year
Increase of paidup surplus during the
year
275000 00
250000 00
125000 00
Extended at 650000 00
rtINCOME
2 Gross premiums written and renewed
during the year Fidelity 2043309
surety 10959151 130024 60
3 Deduct gross premiums now in course of
collection Fidelity 801196 surety
3113560 39147 56
4 Entire premiums collected during the
year Fidelity 1242113 surety 78
45591
5 Deduct reinsurance return premiums and
cancellations Fidelity 22363 surety
85004
90877 04
1073 67
18 Total net cash actually received for premiums
21 Interest on bonds and dividends on stock
22 Interest fromall other sources
649 65
24 Total interest and rents
30 From all other sources Collateral deposits 741389
miscellaneous receipts 11794
36 Total income
IIIDISBURSED EXTS
1 Gross amount paid for losses Fidelity
7000 surety 193954
2 Deduct salvage and reinsurance Surety
2009 54
1775 10
3 Net amount paid policyholders for losses
39803 37
8049 65
7531 83
105384 85
234 38544
COMPTROLLERGENERALS REPORT
14 Investigation and adjustment of claims including legal
and other expenses in defense of suits against policy
holders viz Surety
18 Commissions or brokerage less amount received on re
turn premiums and reinsurance for the following
classes Fidelity 249351 surety 697029
23 Salaries fees and all other compensation of officers and
home office employees
24 Salaries traveling and all other expenses of agents not
paid by commissions
27 Rents companys own occupancy
30 All other taxes licenses and insurance department fees
31 Legal expenses not included in No 14
32 Advertising
33 Printing and stationery
34 Postage and express
37 Collateral deposits returned
38 Telephone and telegraph
39 Organization expenses
40 All other disbursements Interest accrued on securities
purchased 259374 subscription to Duns Reference
Reports 15000 fire insurance 7421 fidelity insur
ance 16500 petty cash and incidentals 129529
45 Total disbursements
IVLEDGER ASSETS
4 Book value of bonds and stocks
5 Cash in companys office 548538 deposited in banks
38525298
7 Other ledger assets Furniture and fixtures 514421
mortgage taken as salvage 177516
11 Ledger assets
41 50
9463 80
23905 03
16534 01
6014 02
2431 38
1066 58
2668 98
5957 67
1872 20
3031 00
967 88
6816 70
4278 24
85283 37
272443 7
390738 36
6919 37
670101 48
NOSLEDGER ASSETS
13 Interest due 100000 and accrued 157918 on bonds
19 Gross premiums in course of collection viz
On policies or renewals issued subsequent
to October 1 1905 Fidelity 777196
surety 2145676 29228 72
On policies or renewals issued prior to Oc
tober 1 1905 Fidelity 24000 surety
967884 9918 84
Total
37 Gross assets
2579 18
39147 56
711828 22COMPTROLLERGENERALS REPORT
545
DEDUCT ASSETS NOT ADMITTED
40 Furniture and fixtures 5144 21
43 Gross premiums in course of collection
written prior to October 1 1905 9918 84
44 Book value of ledger assets over market
value viz Bonds 2187 50
Total
51 Admitted assets
VLIABILITIES
1 Losses and claims
Adjusted Surety 1800 00
Reported proofs not received Fidelity 520 72
17 Total unpaid claims
18 Gross premiums less reinsurance upon
all unexpired risks running one year or
less from date of policy 11093825 un
earned premiums 50 per cent 55469 12
19 Gross premiums less reinsurance upon
all unexpired risks running more than
one year from date of poicy 700763
unearned premiums pro rata 5849 04
20 Total unearned premiums
21 Commissions brokerage and other charges due or to be
come due to agents or brokers on policies issued subse
quent to October 1 1905 viz Fidelity 112312 sure
ty 345535
31 Other liabilities viz Trust funds
40 Total amount of all liabilities except capital
41 Capital actually paid up in cash 500000 00
42 Surplus over all liabilities 122337 43
43 Surplus as regards policyholders
44 Total liabilities
35 in
17250 55
694577 67
2320 72
60958 16
4578 47
4382 89
72240 24
622337 43
694577 67546
COMPTROLLERGENERALS REPORT
MICHIGAN COMMERCIAL INSURANCE CO LANSING MICH
Prank A Hooker President A D Baker Secretary
Home Office 118 West Ottawa Street Lansing Mich
ICAPITAL STOCK
1 Amount of capital paid up
in cash 200000 00
Amount of ledger assets as per balance
December 31 of previous year
Extended at
300000 00
300000 U0
1 Gross premiums
2 Deduct reinsurance rebate abatement
and return premiums
3 Total premiums other than perpetuals
5 Interest on mortgage loans
7 Interest on bonds and dividends on stocks
8 Interest from all other sources
Fire
530902 64
221229 75
1738 55
4857 24
2866 68
10 Total interest
11 Profit on sale or maturity of ledger assets premium on
bonds sold
13 Total income
309672 89
9462 47
8962 00
328097 36
IIIDISBURSEMENTS
1 Gross amount paid for losses
2 Deduct amount received for salvage
53965 and for reinsurance in other
companies 83055732
Fire
98548 07
31096 97
3 Net amount paid for losses
8 Commissions or brokerage
9 Salaries fees and all other charges of officers clerks
agents and other employees
13 All other taxes licenses and insurance department fees
15 All other disbursements Advertising 29982 adjust
ing expense 34891 agency expense 156917 legal
expense 70851 postage 145912 traveling expense
564350 printing and lithographing 622682 sta
tionery signs and supplies 324956 express and
freight 112177 telephone and telegraph 19185
miscellaneous expense 13839 premium on bonds
purchased 1841631
67451 10
67566 02
9627 44
3654 37
16 Total disbursements
38378 7
186672 66COMPTROLLERGENERALS REPORT
547
455750 03
IVLEDGER ASSETS
2 Mortgage loans on real estate first liens 146800 00
4 Book value of bonds excluding interest 175200 00
5 Cash in companys office 110000 deposited in banks
7669557 77795 57
6 Agents balances representing business written subse
quent to October 1 1905 41556 88
7 Agents balances representing business written prior to
October 1 1905 72 25
11 Total ledger assets 441424 70
NONLEDGER ASSETS
12 Interest accrued on mortgages 1294 12
13 Interest accrued on bonds and stocks 3230 79
15 Interest accrued on other assets 453 32
17 Total 4978 23
19 Market value not including interest in item 13 of
bonds and stocks over book value 9317 10
21 Gross assets
DEDUCT ASSETS NOT ADMITTED
4 Agents balances representing business written prior to
October 11905 72 25
9 Total admitted assets
VLIABILITIES
2 Gross claims for losses in process of ad
justment or in suspense including all
reported and supposed losses 24933 62
5 Deduct reinsurance due or accrued 6781 73
6 Net amount of unpaid losses and claims
7 Gross premiums less reinsurance re
ceived and receivable upon all unex
pired fire risks running one year or
less from date of policy including in
terest premiums on perpetual fire risks
19003754 unearned premiums 50 per
cent 95018 77
8 Gross premiums less reinsurance re
ceived and receivable upon all unex
pired Are risks running more than one
year from date of policy 6006123
unearned premiums pro rata 50942 30
12 Total unearned premiums as computed above 145961 07
24 Total amount of all liabilities except capitalS 164112 96
455677 78
18151 89548
COMPTROLLERGENERALS REPORT
25 Capital actually paid up in cash 200000 00
26 Surplus over all liabilities 91564 82
27 Surplus as regards policyholders 291564 82
28 Total liabilities 455677 78
NATIONAL SURETY COMPANY
William B Joyce President Samuel H Sheivek Secretary
Principal Office No 346 Broadway New York N Y
Cliff C Hatcher Atlanta Attorney for Service in Georgia
ICAPITAL STOCK
1 Amount of capital paid up
in cash 500000 00
2 Amount of ledger assets as per balance
December 31 of previous year 1891889 30
Extendedat 1891889 30
IIINCOME
As shown by the books at the home office at close of business December 31
Gross premiums unpaid December 31 last
year Fidelity and surety 16307003
burglary 2464292 187712 95
Gross premiums written and renewed
during the year Fidelity and surety
128295990 burglary 15531056 1438270 46
Total
Deduct gross premiums now in course of
collection Fidelity and surety 177
11327 burglary 3691727
1625983 41
214030 54
Entire premiums collected during the
year Fidelity and surety 126891666
burglary 14308621 1411952 87
Deduct reinsurance return premiums
and cancellations Fidelity and surety
18312628 burglary 1779498 200921 26
18 Total net cash actually received for premiums
19 Intereston mortgage loans 234 50
20 Interest on collateral loans 560 00
21 Interest on bonds and dividends on stock 44953 61
22 Interest from all other sources 1790 39
23 Gross rents from companys property 4791 10
1211031 61
24 Total interest and rents
52329 60COMPTROLLERGENERALS REPORT
549
25
30
Profit on sale or maturity of ledger assets On sale Yon
kers real estate 700000 on sale Nashville Tenn
real estate 34200 7342 00
From all other sources Refund of N Y City 1899 and
1900 taxes 815675 miscellaneous 15351 rein
surance due 192222 company surety 56500 cash
received as collateral 4644499 interest on cash col
lateral 536328 salvage unapplied 724552 com
mission due agents 12558 cash collateral from
Munich Reinsurance Co 530606 suspense accounts
premiums unadjusted 229768 agency difference
10053 miscellaneous 17833 77859 45
Total income 1348562 66
IIIDISBURSEMENTS
As shown by the books at the home office at close of business December 31
1 Gross amount paid for losses Fidelity
28173829 and surety 29601262
burglary 2593359 603684 50
2 Deduct salvage and reinsurance Fidelity
11189527 surety 3665216 burg
lary 250905 151056 48
3 Net amount paid policy holders for losses
14 Investigation and adjustment of claims
including legal and other expenses in
defense of suits against policyholders
viz Legalexpenses1713733 fidelity
2263355 Less salvagel93999
20693 56
452628 02
17 Surety
52479 burglary 116458 less
41
17

18 Commissions or brokerage less amount received on re
turn premiums and reinsurance for the following
classes Fidelity and surety J860460S burglary
3250174
23 Salaries fees and other compensation of officers and
home office employees
24 Salaries traveling and all other expenses of agents not
paid by commissions
26 Inspections other than medical Fidelity 892780
surety 335 trianman132748
27 Rents
28 Repairs and expenses other than taxes on real estate
29 Taxes on real estate
30 All other taxe licenses and insurance department fees
33 Advertising 404557 printing and stationery 22
50579 postage and express 2119293 furniture
and fixtures 327299
47351 85
218547 82
128835 45
98027 71
10258 63
12177 29
1023 81
1913 76
27114 08
51017 18
550
COMPTROLLERGENERALS REPORT
36
40
Loss on sale or maturity of ledger assets Depreciation
in value of securities charged off 51708750 items not
admitted December 1904 charged off equipment
2700583 real estate S1620855 stocks and bonds
6128950 12159138
All other disbursements Telephone and telegraph 3
51248 losses through agents and others 29000 mis
cellaneous expenses home office 1211226 Munich
Reinsurance Co real estate account 22020 16134 94
Total disbursements 1186622 02
IVLEDGER ASSETS
As shown by the books at the home office at close of business December 31
1 Book value of real estate unincumbered 118426 77
2 Mortgage loans on real estate first liens 1200 00
4 Book value of bonds excluding interest
113355625 and stocks 2500000 1158556 25
5 Cash in companys office 1833434 de
posited in bank 65385009 672184 43
6 Accounts receivable Refund fares 6010
R R inspectors advance 208481 and
others 5189193 54036 84
7 Other ledger assets Advance on con
tracts 4267457 accrued interest 6
75108 4942565
Ledger assets 2053829 94
NONLBDGER ASSETS
19 Gross premiums in course of collection viz
On policies or renewals issued subsequent
to October 11905 Fidelity and surety
12911888 burglary 3376506 162883 94
On policies or renewals i ssued prior to
October 1 1905 Fidelity and surety
4790439 burglary 315221 51146 60
Total 214030 54
Gross assets 2267860 48
DEDUCT ASSETS NOT ADMITTED
43 Gross premiums in course of collection written prior to
October 1 1905 51146 60
Admitted assets 2216713 88COMPTROLLERGENERALS REPORT
551
VLIABILITIES
Losses and claims
In process of adjustment Fidelity 15
95545 less cash collected 264600
1330945 surety 2762284 burglary
332200
Reported proofs not received Fidelity
Resisted Fidelity 3017527 surety
11146192
Total
15 Deduct reinsurance
44254 29
22091 18
141637 19
207982 66
9354 53
16 Net unpaid claims 198628 13
25 Gross premiums less reinsurance upon all unexpired
risks running one year or less from date of policy
1282076 84 unearned premiums 50 per cent 641038 42
28 Commission brokerage and other charges due or to be
come due to agents or brokers on policies issued sub
sequent to October 1 1905 viz Fidelity and bur
glary 26602 38
37 Due for reinsurance 666977 for company surety
161062 Munich Reinsurance Company real estate
8275 and reinsurance reserve 1591301 24276 15
38 Other liabilities viz Special reserve a voluntary
safety fund created by the company 20000000 cash
deposited as collateral and interest thereon deposited
in special accounts in banks17464504 premiums un
adjusted 392206 suspense loss and salvage 7245
52 suspense agency balance10053 due agents com
missions 9524
47 Total amount of all liabilities except capital
48 Capital actually paid up in cash 500000 00
49 Surplus over all liabilities 440160 41
50 Surplus as regards policyholders
51 Total liabilities
410284 54
1276553 47
940160 41
2218713 88
Business in Georgia during 1905
Gross premiums on risks written or renewed
during the year
Grogs losses paid
Gross losses incurred
Fidelity and
Surety
10527 29
3360 05
2644 15
Burglary
anu Theft
600 44
29 00
44 00552
COMPTROLLERGENERALS REPORT
NEW YORK PLATE GLASS INSURANCE COMPANY NEW YORK
Major A White President J Carroll French Secretary
Home Office 42 Cedar Street New York N Y
J C Clark Atlanta Attorney for Service in Georgia
ICAPITAL STOCK
1 Amount of capital paid up
in cash 200000 00
2 Amount of ledger assets as per balance
December 31 of previous year
Extended at
589508 24
589508 24
IIINCOME
As shown by the books at the home office at close of business December 31
Gross premiums unpaid December 31 last
year Plate glass 90834 06
Gross premiums written and renewed
during the year Plate glass 529419 40
Total 620253 46
Deduct gross premiums now in course of
collection Plate glass 88331 17
Entire premiums collected during the
the year Plate glass 531922 29
Deduct reinsurance return premiums and
cancellations Plate glass 77492 34
18 Total net cash actually received for premiums
21 Interest on bonds and dividends on stock 21315 41
22 Interest from all other sources 2623 37
24 Total interest
26 Profit on sale or maturity of ledger assets Stocks and
bonds
454429 95
23938 78
12405 86
36 Total income 490774 59
IIIDISBURSEMENTS
As shown by the books at the home office at close of business December 31
Gross amount paid for losses Plate glass 3 159696 10
Deduct salvage and reinsurance Plate
glass 2530 72
13 Total
18 Commissions or brokerage less amount received on re
turn premiums and reinsurance for the following
classes Plate glass
157165 38
159830 30
COMPTROLLERGENERALS REPORT
553
22 Stockholders for interest or dividends amount declared
during the year 11 per cent
23 Salaries fees and other compensation of officers and
home office employees
24 Salaries traveling and all oiher expenses of agents not
paid by commissions
27 Rents
30 All other taxes licenses and insurance department fees
31 Legal expenses not included in No 14
32 Ad vertising
33 Printing and stationery
34 Postage and express
35 Furniture and fixtures
40 All other disbursements Traveling expenses 12540
suspense 34132 general expense 931663
45 Total disbursements
16000 00
42962 66
5363 36
5279 08
12527 9i i
1174 86
243 74
2065 11
1642 90
420 59
9783 35
414459 29
IVLEDGER ASSETS
Book value of bonds excluding interest 15031024
and stocks 45973537
Gash in companys office 224014 deposited in banks
5353779
610045 61
55777 93
11 Ledger assets 665823 54
NONLEDGER ASSETS
18 Market value not including interest in item 13 of bonds
and stock over book value
19 Gross premiums in course of collection viz
On policies or renewals issued subsequent plate GlasP
to October 1 1905 87891 82
On policies or renewals issued prior to
October 1 1905
41954 39
439 35
33 Total
37 Gross assets
DEDUCT ASSETS NOT ADMITTED
43 Gross premiums in course of collection written prior to
October 1 1905
51 Admitted assets
88331 17
796109 10
439 35
VLIABILITIES
1 Losses and claims Adjusted not due plate glass 6
47395 in process of adjustment 211400
25 Gross premiums less reinsurance upon
all unexpired risks running one year
or less from date of policy 44326232
unearned premiums 50 per cent 221631 16
795669 75
8587 95554
COMPTROLLERGENERALS REPORT
26 Gross premiums less reinsurance upon
all unexpired risks running more than
one year from date of policy 32
78560 unearned premiums pro rata
17968 95
27 Total unearned premiums
28 Commission brokerage and other charges due or to be
come due to agents or brokers on policies issued sub
sequent to October 1 1905 viz Plate glass
33 Dividends due stockholders January 1 1906
47 Total amount of all liabilities except capital
48 Capital actually paid up in cash 200000 00
49 Surplus over all liabilities 305140 35
50 Surplus as regards policyholders
51 Total liabilities S
Business in Georgia during 1905
Gross premiums on risks written or renewed during the
year
Gross losses paid
Gross losses incurred
239600 11
30311 34
12000 00
290529 40
505140 35
795669 75
Plate Glass
2529 35
613 49
618 49
NORTH AMERICAN ACCIDENT INSURANCE COMPANY OP ILLINOIS
E C Waller President A E Forrest Secretary
Home Office 217 LaSalle Street Chicago 111
Shepard Bryan Atlanta Attorney for Service in Georgia
ICAPITAL STOCK
1 Amount of capital paid up
in cash 100000 00
2 Amount of ledger assets as per balance
December 31 of previous year 303177 90
Extended at 303177 90
IIINCOME
As shown by the books at home office at close of business December 31 1905
Accident
1 Gross premiums unpaid December 31 last
year 52387 05
2 Gross premiums written and renewed
during the year 705456 45
3 Total 757843 50COMPTROLLERGENERALS REPORT
555
4 Deduct gross premiums now in course of
collection 57366 35
5 Entire premiums collected during the
year 700477 15
6 Deduct reinsurance return premiums and
cancellations 92536 61
IS Total net cash actually received for premiums 607940 54
19 Interest on mortgage loans 3259 28
20 Interest on collateral loans 1153 75
21 Interest on bonds and dividends on stock 7530 66
22 Interest from all other sources 3123 26
30 Prom all other sources Appreciation in value of bonds
to bring same to market value 1893 19
36 Total income 624900 68
IIIDISBURSEMENTS
As shown by the books at home office at close of business December 31 1905
Ate dent
1 Gross amount paid for losses 219328 74
2 Deduct salvage and reinsurance 172 50
3 Net amount paid policyholders for losses 219156 24
14 Investigation and adjustment of claims including legal
and other expenses in defense of suits against policy
holders viz Accident 5437 42
18 Commissions or brokerage less amount received on re
turn premiums and reinsurance for the following
classes Accident 157313 33
22 Stockholders for interest or dividends amount declared
during the year 20000 00
23 Salaries fees and other compensation of officers and
home office employees 58334 11
24 Salaries traveling and all other expenses of agents not
paid by commissions 23590 30
25 Medical examiners fees and salaries 3327 62
27 Rents 4471
30 All other taxes licenses and insurance department fees 11407 32
31 Legal expenses not included in No 14 699 40
32 Advertising L246 56
33 Printing and stationery 12284 98
34 Postage and express 7706 65
35 Furniture and fixtures i438 98
40 All other disbursements Incidental expenses 1084619
traveling expenses 763849 hospital fees 84534 19330 02
45 Total disbursements 545744 63556
COMPTROLLERGENERALS REPORT
IVLEDGES ASSETS
As shown by the books at home office at close of business December 31 1905
2 Mortgage loans on real estate
3 Loans secured by pledge of bonds stocks or other collat
erals
4 Book value of bonds excluding interest
5 Cash in companys office 127819 deposited in bank
6015304
7 Other ledger assets Value 80000 advanced to agent se
cured by manager on business and National Car Coupler
stock 385912 funds in branch office for managers
current use
11 Ledger assets
NOXLEDGEB ASSETS
12 Interest accrued on mortgages
13 Interest accrued on bonds
14 Interest accrued on collateral loans
19 Gross premiums in course of collection viz On policies
or renewals issued subsequent to October 1 1905 acci
dent
37 Gross assets
54350 00
39000 00
222893 60
61431 23
4659 12
384333 95
759 56
576 65
402 76
57366 35
441439 27
VLIABILITIES
1 Losses and claims
In process of adjustment
Resisted by company
23370 00
2450 00
16 Net unpaid claims 25820 00
21 Estimated expenses incident to the settlement of unpaid
claims viz Accident 500 00
25 Gross premiums less reinsurance upon all unexpired
risks running one year or less from date of policy
16728106 unearned premiums fifty per cent 83640 53
28 Commissions brokerage and other charges due or to be
come due to agents or brokers on policies issued subse
quent to October 1 1905 viz Accident 14341 58
Salaries rents expenses taxes bills accounts fees etc
due or accrued 973 3g
32
47 Total amount of all liabilities except capital
48 Capital actually paid up in cash 100000 00
49 Surplus over all liabilities 216163 78
125275 49
50 Surplus as regards policyholders 316163 78
51 Total liabilities 441439 27COMPTROLLERGENERALS REPORT
Business in Georgia during 1905
Gross premiums on risks written or renewed during the year
Gross losses paid
Gross losses incurred
557
Accident
3760 12
842 75
902 75
THE OCEAN ACCIDENT AND GUARANTEE CORPORATION LIMITED
OF LONDON ENGLAND
Oscae Ising General Manager for the United States
American Head Office 350 Broadway New York City
ICAPITAL STOCK
2 Amount of ledger assets as per balance
December 31 of previous year 2394079 42
Extended at 2394079 42
2
IIINCOME
Gross premiums unpaid December 31 last
year Accident 2119963 health 464
69 liability 12364120 steam boiler
817091 burglary and theft 1177098 165247 41
Gross premiums written and renewed
during the year Accident 25111612
health 1425634 liability 1224622
85 steam boiler 7730034 burglary
and theft 14780128 credit 39520771 2110304 64
3 Total 2275552 05
4 Deduct gross premiums now in course of
collection Accident 3183224 health
275526 liability 11672444 steam
boiler 859924 burglary and theft
1431215 174223 33
5 Entire premiums collected during the
year Accident 24048351 health 11
96577 liability 123153961 steam
boiler 7687201 burglary and theft
14526011 credit 39520771 2101328 72
6 Deduct reinsurance return premiums and
cancellations Accident 5367145
health 324225 liability 30740404
steam boiler 3284643 burglary and
theft 4615808 credit 516759 448489 84
18 Total net cash actually received for premiums 1652838558
COMPTROLLERGENERALS REPORT
21 Interest on bonds and dividends on stock 75808 56
22 Interest from all other sources 4278 36
25 Profit on sale or maturity of ledger assets 13463 25
36 Total income 1746389 05
IIIDISBURSEMENTS
1 Gross amount paid for losses Accident
6708746 health 118503 liability
32539556 steam boiler 2322107
burglary and theft 1595724 credit
22198182 654828 18
2 Deduct salvage and reinsurance Accident
270075 burglary and theft 181291
credit 3314142 37655 08
3 Net amount paid policyholders for losses 617173 10
14 Investigation and adjustment of claims including legal
and other expenses in defence of suits against policy
holders viz Accident 1076874 health 44184 lia
bility 11159172 steam boiler 505987 burglary and
theft 579795 133660 12
18 Commissions or brokerage less amount received on re
turn premiums and reinsurance for the following
classes Accident 5934497 health 261704 liabil
ity 21885999 steam boiler 1313685 burglary and
theft 2843957 credit 8213821 404536 63
23 Salaries fees and all other compensation of officers and
home office employees 101932 67
24 Salaries traveling and all other expenses of agents not
paid by commissions 29363 86
25 Medical examiners fees and salaries 97 00
26 Inspections other than medical 18556 09
27 Rents 9592 95
30 All other taxes licenses and insurance department fees 36434 89
31 Legal expenses not included in No 14 6197 35
32 Advertising 8jl65 65
33 Printing and stationery 10226 65
34 Postage and express 4487 61
35 Furniture and fixtures 3151 39
40 All other disbursements Telegrams 69754 telephone
83633 surety bonds 18427 mercantile agency 2
44100 disc 62956 4788 70
42 General expense 4 995 8j
43 Interest on investments and dividends to home office 108212 94
45 Total disbursementsjj 1501 573 41COMPTROLLERGENERALS REPORT
559
IVLEDGER ASSETS
4 Book value of bonds excluding interest 2514019 71
5 Cash in companys office 246244 de
posited in bank 1881199 with trus
tees 10000000 121274 43
6 Premium notes 5844 94
8 Total 2641139 08
9 Less ledger liabilitiessundry accounts 2244 02
11 Ledger assets 2638895 06
NONLEDGEB ASSETS
13 Interest due and accrued on bonds 28447 46
19 Gross premiums in course of collection viz
On policies or renewals issued subsequent
to October 1 1905 Accident 3164646
health 275526 liability 11601920
steam boiler 859307 burglary and
theft 1430128 173315 27
On policies or renewals issued prior to
October 1 1905 Accident 18578 lia
bility 70524 steam boiler 617 bur
glary and theft 1087 908 06
33 Total 174223 33
37 Gross assets 2841565 85
DEDUCT ASSETS NOT ADMITTED
43 Gross premiums in course of collection
written prior to October 1 1905 908 06
44 Book value of ledger assets over market
value 68043 33
50 Total777 68951 39
51 Admitted assets 2772614 46
VLIABILITIES
1 Losses and claims
In process of adjustment Accident 18
31600 health 27500 steam boiler 2
23000 burglary and theft 203500
credit 1550400 38360 00
Resisted Accident 250000 credit 9
50000 12000 00
16 Special reserve for unpaid liability losses 521999 68
17 Total unpaid claims 572359 68560
COMPTROLLERGENERALS REPORT
18 Gross premiums less reinsurance upon
all unexpired risks running one year or
less from date of policy 117701139
unearned premiums fifty per cent 588505 69
19 Gross premiums less reinsurance upon
all unexpired risks running more than
one year from date of policy 11800848
unearned premiums pro rata 70669 08
20 Total unearned premiums
21 Commissions brokerage and other charges due or to be
come due to agents or brokers on policies issued subse
quent to October 1 1905 viz Accident 1009522
health 81445 liability 2739213 steam boiler 2
56675 burglary and theft 415881
Salaries rents expenses taxes bills accounts fees etc
due or accrued
Reserve for credit department prepaid premiums
33 Special reserve for credit insurance losses on policies ex
piring December 31st on which no claims have been
made
34 Contingent reserve
25
32
659174 77
45027 36
40000 00
10862 50
40000 00
150000 00
40 Total amount of all liabilities except surplus 1517424 31
43 Surplus as regards policyholders 1255190 15
44 Total liabilities 2772614 46
Business in Georgia during 1905
rrosi Premiums
Received on Risks
Accident 8768 60
Health 822 23
Liability 8172 11
Steam boiler 820 25
Burglary and theft 1356 51
Credit 19212 50
Gross Losses
Paid
2778 56
68 91
5928 11
24337 35
Gross Losses
Incurred
2511 56
68 91
12148 11
2062308COMPTROLLERGENERALS REPORT
561
PACIFIC MUTUAL LIFE INSURANCE COMPANY OF CALIFORNIA
Wilbur S Tupper President Rich J Mier Assistant Secretary
Home Office Corner Montgomery and Sacramento Streets San Francisco
California
IIincome
Accident
1 Gross premiums unpaid December 31 last
year 169242 89
2 Gross premiums written and renewed
during the year 777683 92
3 Total 946926 81
4 Deduct gross premiums now in course of
collection 168524 23
5 Entire premiums collected during the
year 778402 58
6 Deduct reinsurance return premiums and
cancellationsr 236536 23
18 Total net cash actually received for premiums 541866 35
36 Total income carried to life statement 541866 35
IIIDISBURSEMENTS
Accident
1 Gross amount paid for losses 234752 97
2 Deduct salvage and reinsurance 12570 07
3 Net amount paid policyholders for losses 222182 90
14 Investigation and adjustment of claims including legal
and other expenses in defense of suits against policy
holders viz Accident 5053 27
18 Commissions or brokerage less amount received on re
turn premiums and reinsurance for the following
classes Accident 195291 02
23 Salaries fees and all other compensation of officers and
home office employees 42631 16
24 Salaries traveling and all other expenses of agents not
paid by commissions 13098 69
25 Medical examiners fees and salaries 7410 75
26 Inspections other than medical 300 00
27 Rents including 360000 for companys own occupancy 7374 17
30 All other taxes licenses and insurance department fees 11113 29
31 Legal expenses not included in No 14 3360 00
32 Advertising 3141 56
33 Printing and stationery 9485 18
36 in562
COMPTROLLERGENERALS REPORT
34 Postage and express
41 Dividends to policyholders
42 Profit and lossagents balances charged off
43 General expense
45 Total disbursements carried to life statement
NONLEDGER ASSETS
Accident
19 Gross premiums in course of collection viz
On policies or renewals issued subsequent
to October 1 1905 162093 89
On policies or renewals issued prior to Oc
tober 1 1905 6430 34
33 Total
34 Other nonledger assets viz Reinsurance due from other
companies
DEDUCT ASSETS NOT ADMITTED
43 Gross premiums in course of collection written prior to
October 1 1905
3494 94
590 15
10515 02
2778 87
537S20 97
168524 23
6783 60
37 Gross assets I 175307 83
6430 34
51 Admitted assets carried to life statement 16S877 49
VLIABILITIES
Losses and claims
In process of adjustmenti
Reported proofs not received
Resisted
Estimated expenses incident to the settle
ment of unpaid claims
Accident
1000 00
7750 00
13566 00
1000 00
17 Total unpaid claims 23316 00
18 Gross premiums less reinsurance upon all unexpired
risks running one year or less from date of policy 446
04404 unearned premiums fifty per cent 223022 02
21 Commissions brokerage and other charges due or to be
come due to agents or brokers on policies issued subse
quent to October 1 1905 viz Accident 40523 47
44 Total liabilities carried to life statement
Hitsiness in Georgia daring 1905
Gross premiums received on risks written or renewed during
the year I
Gross losses paid
Gross losses incurred
286861 49
Accident
5968 95
1092 19
1092 19COMPTROLLERGENERALS REPORT
563
PENNSYLVANIA CASUALTY COMPANY OF PENNSYLVANIA
Thos E Jones President F H Kingsbuby Secretary
Home Office Corner Washington Avenue and Spruce Street Scranton Pa
Cabl H King Atlanta Attorney for Service in Georgia
ICAPITAL STOCK
1 Amount of capital paid up
in cash 300000 00
2 Amount of ledger assets as per balance
December 31 of previous year 270138 87
3 Increase of paidup capital during the year 100000 00
Extended at 370138 87
IIINCOME
As shown by the books at home office at close of business December 31 1905
1 Gross premiums unpaid December 31 last
year Accident 2314770 health 6
72476 liability 952690 plate glass
322803 steam boiler 156265 44190 04
2 Gross premiums written and renewed
during the year Accident 9956213
health 3339239 liability 13903234
plate glass 2937099 steam boiler
1350676 314864 61
3 Total 359054 65
4 Deduct gross premiums now in course of
collection Accident 1947272 health
672257 liability 2916200 plate
glass 734537 steam boiler 311939 65822 05
5 Entire premiums collected during the
year Accident 10323711 health
3339458 liability 11939724 plate
glass 2525365 steam boiler 11950
02 293232 60
6 Deduct reinsurance return premiums and
cancellations Accident 3625647
health 1378594 liability 2714725
plate glass 629853 steam boiler 2
33628 85824 47
18 Total net cash actually received for premiums 207408 13
21 Interest on bonds and dividends on stock 8858 62
22 Interest from all other sources 450 46
30 From all other sources Surplus paid in cash 5000000
unclassed premiums 32874 50328 74
36 Total income 267045 95564
COMPTROLLERGENERALS REPORT
IIIDISBURSEMENTS
As shown Ly the books at home office at close of business December 31 1905
1 Gross amount paid for losses Accident
2860703 health 1007684 liability
2141493 plate glass 381452 steam
boiler 585442 69767 74
2 Deduct salvage and reinsurance Accident
9333 health 11250 244 83
3 Net amount paid policyholders for losses 69522 91
14 Investigation and adjustment of claims including legal
and other expenses in defense of suits against policy
holders viz Accident 211530 health 38910 sua
bility 486814 plate glass 2683 steam boiler 2132 7420 69
18 Commissions or brokerage less amount received on re
turn premiums and reinsurance for the following
classes Accident 1984584 health 660952 liabil
ity 2784650 plate glass 609750 steam boiler 2
87702 6327638
23 Salaries fees and other compensation of officers and
home office employees 15545 33
24 Salaries traveling and all other expenses of agents not
paid by commissions 10632 74
25 Medical examiners fees and salaries 1050 00
26 Inspections other than medical 5203 99
27 Rents 1628 00
30 All other taxes licenses and insurance department fees 7301 93
31 Legal expenses not included in No 14 1178 35
32 Advertising 2479 29
33 Printing and stationery 4282 18
34 Postage and express 1541 60
35 Furniture and fixtures 782 79
36 Losson sale or maturity of ledger assets Accounts
charged off 2813 60
40 All other disbursements General expense 8774 28
45 Total disbursements 203434 06
IVLEDGER ASSETS
As shown by the books at home office at close of business December 31 1905
4 Book value of bonds excluding interest 36159665
stocks 20000 361796 65
5 Cash in companys office 85310 deposited in bank 64
09137 64944 47
6 Bills receivable 1 539 43
7 Other ledger assets Accounts receivable 5370 16
11 Ledger assets 433750 76COMPTROLLERGENERALS REPORT
565
NONLEDGER ASSETS
13 Interest due and accrued on bonds
15 Interest due and accrued on other assets
18 Market value not including interest in item 13 of
bonds and stock over book value
19 Gross premiums in course of collection viz
On policies or renewals issued subsequent
to October 1 1905 Accident 1947269
health 672260 liability 2916200
plate glass 734537 steam boiler 3
11939 65822 05
On policies or renewals issued prior to Oc
tober 1 1905 Accident 62500 health
37200 liability 96855 plate glass
9010 steam boiler 13150 2187 15
33 Total
37 Gross assets
DEDUCT ASSETS NOT ADMITTED
39 Bills receivable 616 13
43 Gross premiums in course of collection
written prior to October 1 1905 2187 15
44 Book value of ledger assets over market
value viz Accounts receivable 5370 16
Total
51 Admitted assets
3197 49
86 96
6734 60
65822 05
509591 86
8173 44
501418 42
16
17
21
VLIABILITIES
Losses and claims
In process of adjustment Accident 795
70 health 56861 liability 96200
plate glass 3875 2365 06
Reported proofs not received Accident
168120 health 90680 plate glass
26720 2855 20
Resisted by company Accident 12000
health 10000 220 00
Resisted for policyholders Liability 5670 00
Net unpaid claims
Special reserve for unpaid losses Liability
Estimated expenses incident to the settlement of unpaid
claims viz Accident 12500 health 22500 liability
478000
11110 26
5000 00
5130 00566
COMPTROLLERGENERALS REPORT
25 Gross premiums less reinsurance upon
all unexpired risks running one year or
less from date of policy 20578934 un
earned premiums 50 per cent 102894 65
26 Gross premiums less reinsurance upon
all unexpired risks running more than
one year from date of policy 1899659
unearned premiums pro rata 12333 64
27 Total unearned premiums 115228 29
28 Commission brokerage and other charges due or to be
come due to agents or brokers on policies issued subse
quent to October 1 1905 vizAccident 646301
health 205980 liability 840634 plate glass 2353
16 steam boiler 86099 20143 30
32 Salaries rents expenses taxes bills accounts fees etc
due or accrued 401 53
47 Total amount of all liabilities except capital 157013 38
48 Capital actually paid up in cash 300000 00
49 Surplus over all liabilities 44405 04
50 Surplus as regards policyholders 344405 04
51 Total liabilities 501418 42
Business in Georgia during 1905
Gross Premiums Gioss Losses
on Risks Written Paid
Accident 3168 29 1423 99
Health 1668 78 784 49
Liability 1068 34 92 50
Plate glass 758 50 326 59
Steam boiler IS 00
Oiros Losses
Incuri d
1423 99
784 19
92 50
326 59
PREFERRED ACCIDENT INSURANCE COMPANY OP NEW YORK
Phineas C Lounsbury President Kimball C Atwood Secretary
Home Office 290 Broadway New York City
John S Owens Atlanta Attorney for Service in Georgia
1CAPITAL STOCK
1 Amount of capital paid up
in cash 200000 00
2 Amount of ledger assets as per balance
December 31 of previous year
1072707 62
Extended at 1072707 62COMPTROLLERGENERALS REPORT
567
IIINCOME
As shown by the books at home office at close of business December 31 1905
1 Gross premiums unpaid December 31 last
year Accident 11796790 health 29
49196 1459 86
2 Gross premiums written and renewed
during the year Accident 135602693
health 22964604 1585672 97
Total 1733132 83
3 Deduct gross premiums now in course of
collection Accident 13271905 health
2654581 159264 86
4 Entire premiums collected during the
year Accident 134127578 health
23259219 1573867 97
5 Deduct reinsurance return premiums and
cancellations Accident 15876833
health 3981734 198585 67
18 Total net cash actually received for premiums f2 30
21 Interest on bonds and dividends on stock 31426 34
22 Interest from all other sources 2843 71
25 Profit on sale or maturity of ledger assets viz Profit on
sale of 21000000 XT S 2 per cent bonds 9712 50
30 From all other sources Amount of bank balance trans
ferred from the preferred Mutual Accident Association 205 36
1419470 21
36 Total income v
IIIDISBURSEMENTS
As shown by the books at home office at close of business December 31 1905
1 Gross amount paid for losses Accident 41816949
health 7529509 49d4b
14 Investigation and adjustment of claims including legal
and other expenses in defense of suits against policy
holders viz Accident 1281300 health 256280 15375 80
18 Commissions or brokerage less amount received on re
turn premiums and reinsurance for the following
classes Accident 38805559 health 5823553 446291 12
22 Stockholders for interest or dividends amount declared
during the year
23 Salaries fees and other compensation of officers and
home office employees
24 Salaries traveling and all other expenses of agents not
paid by commissions 14796 u
25 Medical examiners fees and salaries
26 Inspections other than medical 568
COMPTROLLERGENERALS REPORT
27 Rents including 984000 for companys own occupancy 15625 00
30 All other taxes licenses and insurance department fees 30369 85
32 Advertising 12825 50
33 Printing and stationery 26575 12
34 Postage and express 18765 25
35 Furniture and fixtures 1252 65
45 Total disbursements 1327327 08
IVLEDGER ASSETS
As shown by the books at home office at close of business December 31 1905
4 Book value of bonds excluding interest 92057738 and
stocks 9970386 1020281 24
5 Cash in companys office 316587 deposited in bank
14140364 144569 51
11 Ledger assets 1164850 75
NONLEDGER ASSETS
13 Interest due and accrued on bonds 6758 32
19 Gross premiums in course of collection viz
On policies or renewals issued subsequent
to October 1 1905 Accident 11959705
health 2989927 149496 32
On policies or renewals issued prior to Oc
tober 1 1905 Accident 781484 health
195370 9768 54
33 Total 159264 86
37Gross assets 1330873 93
DEDUCT ASSETS NOT ADMITTED
43 Gross premiums in course of collection
written prior to October 1 1905 9768 54
44 Book value of ledger assets over market
value viz Book 102028124 market
101868950 of bonds and stocks 1591 74
Total 11360 28
51 Admitted assets 1319513 65
VLIABILITIES
1 Losses and claims
In process of adjustment Accident 29
51250 health 33750
29S50 00
COMPTROLLERGENERALS REPORT
569
Reported proofs not received Accident
5122500 health 405000 55275 00
Resisted by company Accident 35943 29
16 Net unpaid claims 121068 29
21 Estimated expenses incident to the settlement of unpaid
claims viz Accident 2500 00
25 Gross premiums less reinsurance upon all unexpired
risks running one year or less from date of policy 1
14182792 unearned premiums 50 per cent 570913 96
28 Commission brokerage and other charges due or to be
come due to agents or brokers on policies issued subse
quent to October 1 1905 viz Accident 3279060
health 626679 39057 39
32 Salaries rents expenses taxes bills accounts fees etc
due or accrued 25906 17
38 Other liabilities viz Reserve for contingent installment
policies 85434 00
47 Total amount of all liabilities except capital 844879 81
48 Capital actually paid up in cash 200000 00
49 Surplus over all liabilities 274633 84
50 Surplus as regards policyholders 474633 84
51 Total liabilities 1319513 65
Business in Georgia during 1905
Accident Health
Gross premiums on risks written or renewed
during the year 903 00 1374 00
Gross losses paid 6477 52 0 3
Gross losses incurred 6465 02 430 33
STANDARD LIFE AND ACCIDENT INSURANCE CO OF MICHIGAN
D M Febby President E A Leonabd Secretary
Home Office Penobscot Building Detroit Michigan
A L Waldo Atlanta Attorney for Service in Georgia
ICAPITAL STOCK
1 Amount of capital paid up
in cash 250000 00
2 Amount of ledger assets as per balance
December 31 of previous yearI 1783539 97
Extended at570
COMPTROLLERGENERALS REPORT
IIINCOME
As shown by the books at home office at close of business December 31 1905
1 Gross premiums unpaid December 31 last
year Accident 14797508 health 37
42792 liability 9082955 276232 55
2 Gross premiums written and renewed
during the year Accident 107690688
health 11627940 liability 75486547 1948051 75
Total 2224284 30
Deduct gross premiums now in course of
collection Accident 18226088 health
2334683 liability 10031466 305922 37
4 Entire premiums collected during the
year Accident 104262108 health
13036049 liability 74538036 1918361 93
5 Deduct reinsurance return premiums and
cancellations Accident 22364808
health 2760327 liability 7423522 325486 57
18 Total net cash actually received for premiums 1592875 36
19 Interest on mortgage loans 30674 13
21 Interest on bonds and dividends on stock 47380 35
22 Interest from all other sources 3043 58
30 From all other sources Suspense account 203 10
36 Total income 1674176 52
IIIDISBURSEMENTS
As shown by the books at home office at close of business December 31 1905
1 Gross amount paid for losses Accident
38766488 health 4097071 liability
20743554 636071 13
2 Deduct salvage and reinsurance Accident 2931 53
3 Net amount paid policyholders for losses
14 Investigation and adjustment of claims including legal
and other expenses in defense of suits against policy
holders viz Accident 391248 liability 6586575
18 Commissions or brokerage less amount received on re
turn premiums and reinsurance for the following
classes Accident 24340730 health 3428438 lia
bility 15832283
22 Stockholders for interest or dividends amount declared
during the year
23 Salaries fees and other compensation of officers and
home office employees
633139 60
69778 23
436014 51
30000 00
79939 19COMPTROLLERGENERALS REPORT
571
24 Salaries traveling and all other expenses of agents not
paid by commissions 72397 53
26 Inspections other than medical 10570 16
27 Rents 12790 87
29 Taxes on real estate 1128 76
30 All other taxes licenses and insurance department fees 47380 65
32 Advertising 8458 77
33 Printing and stationery 12986 20
34 Postage and express 9434 56
35 Furniture and fixtures 5508 82
40 All other disbursements General expense 16132 07
45 Total disbursements 1445659 92
IVLEDGES ASSETS
As shown by the books at home office at close of business December 31 1905
1 Book value of real estate unincumbered 42620 00
2 Mortgage loans on real estate first liens 544503 56
4 Book value of bonds excluding interest 1290223 08
5 Cash in companys office 29163 deposited in bank
13388242 134174 05
7 Other ledger assets Taxes paid to secure mortgages 535 88
11 Ledger assets 2012056 57
NONLEDGER ASSETS
12 Interest due 81357 and accrued 6960
91 on mortgages 7Hi 48
13 Interest accrued on bonds 13015 74
15 Interest accrued on other assets 104 90
Total 2089512
18 Market value not including interest in item 13 of
bonds and stock over book value 32076 92
19 Gross premiums in course of collection viz
On policies or renewals issued subsequent to October 1
1905 Accident 18226088 health 2334683 liability
10031466 305922 37
37 Gross assets 2370950 98
VLIABILITIES
1 Losses and claims
Adjusted due Accident 1050000
health 150000
Adjusted not due Accident 1825000
health 217500
12000 00
20425 00572
COMPTROLLERGENERALS REPORT
In process of adjustment Accident 56
25000 health 632500 62575 00
Reported proofs not received Accident 23250 00
16 Net unpaid claims 118250 JO
21 Estimated expenses incident to the settlement of unpaid
claims viz Liability 474833 70
25 Gross premiums less reinsurance upon all unexpired
risks running one year or less from date of policy 1
36461964 unearned premiums 50 per cent 682309 82
28 Commission brokerage and other charges due or to be
come due to agents or brokers on policies issued subse
quent to October 1 1905 viz Accident 5194410
health 665361 liability 2553093 8412S 64
32 Salaries rents expenses taxes bills accounts fees etc
due or accrued 37500 00
36 Return premiums and cancellations 13766 50
37 Reinsurance 3920 54
38 Other liabilities viz Reserve for contingencies 100000 00
47 Total amount of all liabilities except capital 1514709 20
48 Capital actually paid up in cash 250000 00
49 Surplus over all liabilities 606241 78
50 Surplus as regards policyholders
856241 78
51 Total liabilities 2370950 98
Business in Georgia during 1905
Gross premiums on risks writ Accid it Health Liabil Ity
ten or renewed during the
Gross losses paid losses incurr 16866 10021 10021 03 22 22 1074 600 600 82 00 00 597 165 165 00 St
Gross ed S5
COMPTROLLERGENERALS REPORT
573
UNITED STATES BRANCH OF THE THAMES AND MERSEY MARINE
INSURANCE COMPANY LTD OF GREAT BRITAIN
H K Fowler Manager U S Branch
Head Office 82 Beaver Street New York City N Y
A L Fame Savannah Attorney for Service in Georgia
ICAPITAL STOCK
1 Amount of capital paid up
in cash deposit capital 300000 00
2 Amount of ledger assets as per balance
December 31 1904 631469 65
3 Increase of ledger assets during the year 108283 00
Extended at3 739752 65
4 Additional stock 133283 00
Less bonds N Y Cent Hudson R R R
matured 25000 00
108283 00
IIINCOME
Marine and
Inland
5 Gross premiums 67766 71
6 Deduct reinsurance rebate abatement
and return premiums 115727 27
7 Total premiums other than perpetuals 561899 44
11 Interest on bonds and dividends on stocks 19257 50
38 Total income7320909 59
i
IIIDISBURSEMENTS
Marine and
Inland
1 Gross amount paid for losses includ
ing 27277068 occurring in previous
years 422113 70
2 Deduct amount received for salvage
3004273 and for reinsurance in other
companies 603123990355 12
3 Net amount paid for losses 331758 58
8 Commissions or brokerage 60950 9
9 Salaries fees and all other charges of officers clerks
agents and other employees 31756 03
10 Rents companys own occupancy 575
13 All other taxes licenses and insurance department fees 15656 17
15 All other disbursements Postage cablegrams station
3503
ery etc
17 Remitted home office
37 Total disbursements 570861 57574
COMPTROLLERGENERALS REPORT
IVLEDGER ASSETS
4 Book value of bonds excluding interest 52725550 and
book value of stocks 13328300 660538 50
5 Cash in companys office 4719 cash deposited in bank
IS at City Bank 904528 9092 47
6 Agents balances representing business written subse
quent to October 11905 80202 70
7 Agents balances representing business prior to October
1 1905 214 35
13 Total ledger assets 750048 02
NONLEDGEK ASSETS
15 Interest due 358750 and accrued 228664 on bonds
and stocks 5874 14
25 Gross assets 755922 16
DEDUCT ASSETS NOT ADMITTED
29 Agents balances representing business written prior to
October 1 1905 214 35
32 Depreciation from book value of ledger assets to bring
same to market value viz 66053850 63563000 24908 50
36 Total admitted assets 730799 31
VLIABILITIES
2 Gross claims for losses in process of ad
justment or in supense including all
reported and supposed losses 152491 00
5 Deduct reinsurance due or accrued 11497 00
6 Net amount of unpaid losses and claims 140994 00
10 Gross premiums less reinsurance cash
and bills receivd and receivable upon
all unexpired marine risks 10329083
unearned premiums 100 per cent 18
89815 time hulls 60 per cent 84
39268 61084 49
12 Total unearned premiums 61084 49
20 Commissions brokerage and other charges due or to be
come due to agents and brokers 3377 56
21 Reinsurance premiums 10157 44
26 Total amount of all liabilities except capital 215613 49
27 Capital actually paid up in cash deposit
capital 300000 00
28 Surplus over all liabilities 215185 82COMPTROLLERGENERALS REPORT
29 Surplus as regards policyholders
30 Total liabilities
Business in Georgia during 1905
Marine risks written
Marine premiums received
575
515185 82
730799 31
779348 09
1964 39
TITLE GUARANTEE AND TRUST COMPANY OF SCRANTON PENN
L A Watres President D B Atherton Secretary
Home Office 516 Spruce Street Scranton Pa
Alex W Smith Atlanta Attorney for Service in Georgia
ICAPITAL STOCK
1 Amount of capital paid up
incash 79110000
2 Amount of ledger assets as per balance
December 31 of previous year l61oW4 7b
4 Increase of paidup capital during the
year
24200 ro
1539834 76
Extended at
IIINCOME
As shown by the books at the home office at close of business December 31
Gross premiums unpaid December 31 last
year Surety 703138J title 21400
Gross premiums written and renewed
during the year Surety 62970232
title 176338
70527 80
631465 70
Total
Deduct gross premiums now in course of
collection Surety
Entire premiums collected during the
year Surety50058837 title 197738
Deduct reinsurance return premiums
and cancellations Surety
8 Total net cash actually received for premiums
19 Interest on mortgage loans
20 Interest on collateral loans
21 Interest on bonds and dividends on stock
22 Interest from all other sources
701993 50
139427 75
562565 75
73531 71
489034 01
4823 56
2878 7 6
55922 97
2038 92576
COMPTROLLERGENERALS REPORT
24 Total interest and rents 65662 21
27 Profits and sale of stocks and bonds 62805 06
30 From all other sources Trust department 579163
bonded attorneysaccount 138978 profit and loss
items 3361 exchange 41396 increase in surplus
fund 1825000 25878 98
36 Total income 6433S0 26
IIIDISBURSEMENT
As shown by the books at the home office at close of business December 31
Gross amount paid for losses Surety Ill 705 82
Deduct salvage and reinsurance Surety
33121 79
14
18
22
23
24
30
32
33
34
35
40
Net amount paid policyholders for losses
Investigation and adjustment of claims including legal
and other expenses in defense of suits against policy
holders viz Surety
Commissions or brokerage less amount received on re
turn premiums and reinsurance for the following
classes Surety
Stockholders for interest or dividends
Salaries fees and other compensation of officers and
home office employees
Salaries traveling and all other expenses of agents not
paid by commissions
Taxes on real estate
All other taxes licenses and insurance department fees
Advertising
Irintingand stationery
Postage and express
Furniiure and fixtures
All other disbursements General expense account
surety department 5384398 general expense ac
count other departments 4328293 furniture and
fixtures account to profit and loss 2034707 real es
tate accountto profit and loss 186813
45 Total disbursements
78584 03
11255 37
147079 99
46835 00
28174 59
2746 88
779 56
13633 01
2934 46
9553 90
9074 00
100 10
119342 06
470092 95
IV LEDGER ASSETS
As shown by the books at the home office at close of business December 31
1 Book value of real estate unincumbered 90000 00
2 Mortgage loans on reA estate first liens 134360 65
3 Loans secured by pledge of bonds stock or other col
laterals 80600 00
4 Book value of bonds excluding interest 1144254 58
5 Cash in comianys office 435803 deposited in bank
84G57n 89015 03COMPTROLLERGENERALS REPORT
577
Bills receivable
Receivers certificate German Bank Buffalo N Y
11 Ledger assets
NONLEDGER ASSETS
12 Interest accrued on mortgages
la Interest accrued on bonds
2204 29
10521 21
Total
18 Market value not including interest in item 13 of bonds
and stock over book value
19 Gross premiums in course of collection viz On poli
cies or renewals issued subsequent to October 1 1905
Surety
34 Other nonledger assets viz Bills receivable
37 Gross assets
DEDUCT ASSETS NOT ADMITTED
39 Bills receivable
44 Book value of ledger assets over market
value viz Estimated loss receivers
certificate German Bank Buffalo N Y
8617 22
10367 65
Total
51 Admitted assets
VLIABILITIES
1 Losses and claims
Due Surety
Not due Surety
In process of ad justment Surety
Reported proofs not received Surety
675 63
2143 31
77434 76
25332 33
105586 03
Resisted for policyholders
16 Net unpaid claims
25 Gross premiums less reinsurance upon
all unexpired risks running one year
or less from date of policy 59870728
unearned premiums 50 per cent 299353 b4
26 Gross premiums less reinsurance upon
all unexpired risks running more than
one year from date of policy 239425
unearned premiums pro rata
1197 13
27 Total unearned premiums
28 Commission brokerage and other charges due or to be
come due to agents or brokers on policies issued sub
sequent to October 11905 viz Surety
37 in
7381 74
25919 13
1571531 13
12725 50
4902 92
139427 75
1235 48
1729822 78
18984 87
1710837 91
105586 03
300550 77
40089 77578 COMPTROLLERGENERALS REPORT
37 Reinsurance 5795 39
38 Other liabilities viz Suspense account 6766 reserve
for payment of taxes 675000 collateral deposits
14893027 155747 93
47 Total amount of all liabilities except capital 607769 69
48 Capital actually paid up in cash 791100 00
49 Surplus over all liabilities 311968 2b
50 Surplus as regards policyholders 1103068 22
51 Total liabilities 1710837 91
Business in Georgia during 1905
Gross premiums on risks written or renewed during the year
Surety 3627 33
THE TRAVELERS INSURANCE COMPANY OP CONNECTICUT
S C Dunham President John E Morris Secretary
Home Office 56 Prospect Street Hartford Conn
ICAPITAL STOCK
1 Amount of capital paid up
in cash 1000000 00
2 Amount of ledger assets as per balance
December 31 of previous year 8409057 50
Extended at 8409057 50
IIINCOME
As shown by the books at home office at close of business December 31 1905
Entire premiums collected during the
year Accident 284612309 health
28642860 liability 358718145 6719733 14
Deduct reinsurance return premiums and
cancellations Accident 12357016
health 2000738 liability 22253186 366109 40
18 Total net cash actually received for premiums 6353623 74
21 Interest on bonds and dividends on stocks 358640 12
22 Interest from all other sources 36352 43
25 Profit on sale or maturity of ledger assets 59595 27
36 Total income 6808211 56COMPTROLLERGENERALS REPORT
579
IIIDISBURSEMENTS
As shown by the books at home office at close of business December 31 1905
1 Gross amount paid for losses Accident
135016952 health 12169119 liabil
ity 85600766 2327868 37
2 Deduct salvage and reinsurance Accident
7897674 health 340494 82381 68
3 Net amount paid policyholders for losses 2245486 69
14 Investigation and adjustment of claims including legal
and other expenses in defense of suits against policy
holders viz Accident 1839674 health 4500 lia
bility 47984853 49SZyU
18 Commissions or brokerage less amount received on re
turn premiums and reinsurance for the following
classes Accident 85093729 health 6742524 lia
bility 76430919 168267172
22 Stockholders for interest or dividends amount declared
during the year
23 Salaries fees and all other compensation of officers and
home office employees
24 Salaries traveling and all other expenses of agents not
paid by commissions 9725 15
25 Medical examiners fees and salaries 826 29
26 Inspections other than medical b
27 Rents including 1500000 for companys own occupancy 77816 80
29 Taxes on capital stock iiin 7fi
30 All other taxes licenses and insurance department fees 116160 76
31 Legal expenses not included in No 14 19Sjs
32 Advertising 6Q515 u
33 Printing and stationery
34 Postage and express 42876 lg
35 Furniture and fixtures 4429Q g
37 Miscellaneous items 21604 53
38 Profit and loss
5892562 81
45 Total disbursements
IVLEDGER ASSETS
As shown by the books at home office at close of business December 311905
A4 Book value of bonds excluding interest 637472461 and
stocks 237150901 lC
5 Cash in companys office 211153 deposited In bank
52510055 8876 48
6 Bills receivable 42 384 07
7 Other ledger assets Agents debit balances
9324706 25
11 Ledger assets580
COMPTROLLERGENERALS REPORT
N0NLEDGEI8 ASSETS
13 Interest accrued but not due on bonds 151676 23
18 Market value not including interest in item 13 of bonds
and stocks over book value 490442 69
37 Gross assets 9966825 17
DEDUCT ASSETS NOT ADMITTED
39 Bills receivable 8876 48
44 Book value of ledger assets over market
value viz Agents debit balances 42384 07
50 Total 51260 55
51 Admitted assets 9915564 62
VLIABILITIES
Accident
1 Losses and claims
In process of adjustment 57775 00
Reported proofs not received 31175 00
Resisted 62000 00
13 Total 150950 00
17 Special reserve for unpaid liability losses 2508720 31
25 Gross premiums less reinsurance upon
all unexpired risks running one year or
less from date of policy 453387353
unearned premiums fifty per cent 2266936 77
26 Gross premiums less reinsurance upon
all unexpired risks running more than
one year from date of policy 20275624
unearned premiums pro rata 592421 45
27 Total unearned premiums 2859358 22
32 Salaries rents expenses taxes bills accounts fees etc
due or accrued 85000 00
38 Other liabilities viz Additional reserve liability depart
ment 10000000 reserve for unreported indemnity
claims 6464761 164647 61
47 Total amount of all liabilities except capital 5768676 14
48 Capital actually paid up in cash 1000000 00
49 Surplus over all liabilities 3146888 48
50 Surplus as regards policyholders 4146888 48
51 Total liabilities 9915564 62COMPTROLLER GENERALS REPORT
581
Business in Georgia during 1905
Accident Health
Gross premiums on risks writ
ten or renewed during the
ar 50445 83 5423 09
Gross lossespaid 28975 41 3464 94
Gross losses incurred 28975 41 3464 94
Liability
23420 03
13983 81
13983 81
UNITED STATES CASUALTY COMPANY OF NEW YORK
Bexjami F Tracy President Edson S Lott Secretary
Home Office 141 Broadway New York N Y
ICAPITAL STOCK
1 Amount of capital paid up
in cash 300000 00
2 Amount of ledger assets as per balance
December 31 of previous year 1687486 40
Extended at
IIINCOME
As shown by the books at home office at close of business December 31 1905
1 Gross premiums unpaid December 31 last
year Accident 4383354 health 18
370 28 liability 5003935 steam boiler
602773 sprinkler 219241 120463 31
2 Gross premiums written and renewed dur
ing the year Accident 69530666
health 19163538 liability 53356267
steam boiler 5171982 burglary 15
13656 sprinkler 4000862 1527369 71
x 1647833 02
o Totl
4 Deduct gross premiums now in course of
collection Accident 4324830 health
18 03977 liability 5195952 steam
boiler 481627 burglary 192950
sprinkler 417257 124165
5 Entire premiums collected during the
year Accident 69589190 health 191
965 89 liability 53164250 steam boil
5293S8oV8 4bfiUrSlary I1320706 1523667 09
sprinkler 3802846 582
COMPTROLLERGENERALS REPORT
6 Deduct reinsurance return premiums and
cancellations Accident 18636421
health 7264646 liability 12337070
steam boiler 1497865 burglaryl713
25 sprinkler 1091880 409992 07
18 Total net cash actually received for premiums 1113675 02
19 Interest on mortgage loans 150 41
21 Interest on bonds and dividends on stock 61600 65
25 Profit on sale or maturity of ledger assets Profit on sale
of M K and Oklohoma R R first mortgage 5 per cent
bonds 143611 profit on sale of M K and T Ry St
Louis Div 4 per cent bonds 125000 profit on sale
of M K and TRy of Texas 5 per cent bonds 68250
profit on sale of Central Union Gas Co N Y 5 per cent
gold bonds 15431 profit on sale of United States gov
ernment 3 per cent bonds 63750 4160 42
36 Total income 1179586 50
IIIDISBURSEMENTS
As shown by the books at home office t close of business December
1 Gross amount paid for losses Accident
26296246 health 4624574 liability
13188754 steam boiler 182354 bur
glary 133561 sprinkler 786373 452118 62
2 Deduct salvage and reinsurance Accident
1268839 steam boiler 123175 13920 14
1 1905
3 Net amount paid policyholders for losses
14 Investigation and adjustment of claims including legal
and other expenses in defense of suits against policy
holders viz Accident 658270 health 84729 lia
bility 1961200 steam boiler 12487 burglary 84
05 sprinkler 28023
18 Commissions or brokerage less amount received on re
turn premiums and reinsurance for the following
classes Accident 15583146 health 3452699 lia
bility 10753640 steam boiler 1020536 burglary
307604 sprinkler 668457
23 Salaries fees and other compensation of officers and
home office employees
24 Salaries traveling and all other expenses of agents not
paid by commissions
26 Inspections other than medical
27 Rents
29 Taxes on real estate
30 All other taxes licenses and insurance department fees
31 Legal expenses not included in No 14
32 Advertising
438198 48
27531 14
317860 82
98312 82
37652 84
18449 65
14880 34
45 47
22621 25
S19 20
1827 90COMPTROLLERGENERALS REPORT
583
24776 89
33 Printing and stationery 9 039 85
34 Postage and express 23
35 Furniture and fixtures
36 Loss on sale or maturity of ledger assets Loss on sale of
Indiana State 3 per cent bonds 14500 loss on sale of
New York City exempt additional water stock 3 per
cent bonds 50000 loss on sale of Northern Union
Gas Co New York first mortgage 5 per cent bonds
20417
40 All other disbursements Telegrams and telephones 1
24478 fees of directors 270500 miscellaneous 8
58465 profit and loss premiums uncollectable 19596 127o0 39
1027534 44
45 Total disbursements
IVLEDGER ASSETS
As shown by the books at home office at close of business December 31 1905
1 Book value of real estate unincumbered
4 Book value of bonds excluding interest 128811376
and stocks 44187500WxT
5 Cash in companys office 1608130 deposited m bank
8743893 Q29 47
6 Bills receivable
1839538 46
11 Ledger assets
NONLEDGER ASSETS
16719 85
13 Interest accrued on bonds
19 Gross premiums in course of collection viz
On policies or renewals issued subsequent
to October 1 1905 Accident 4302587
health 1802852 liability 5146897
steam boiler 477627 burglary 1929
50 sprinkler 417257
On policies or renewals issued prior to Oc f
tober 1 1905 Accident 22243 health
1125 liability 49055 steam boiler
4000 124165 93
33 Ttalll9W
37 Gross assets
DEDUCT ASSETS NOT ADMITTED
u i029 47
39 Bills receivable
43 Gross premiums in course o collection
written prior to October 1 1905
44 Book value of ledger assets over market
value B9269 96
50 T0tal 192115428
51 Admitted assets584
COMPTROLLERGENERALS REPORT
VLIABILITIES
1 Losses and claims
In process of adjustment Accident 14
73600 health 429000 liability 20
25300 burglary 75000 sprinkler
25000
Resisted by company Accident 902050
health 42600
Resisted for policyholders Liability
40279 00
9446 50
68265 00
16 Net unpaid claims
17 Special additional reserve for unpaid losses to comply
with New York law viz Liability
21 Estimated expenses incident to the settlement of unpaid
claims viz Accident 255850 health 52400 lia
bility 986300
25 Gross premiums less reinsurance upon
all unexpired risks running one year or
less from date of policy 97751972 un
earned premiums fifty per cent 488759 86
26 Gross premiums less reinsurance upon
all unexpired risks running more than
one year from date of policy 7847151
unearned premiums pro rata 62773 66
27 Total unearned premiums
28 Commissions brokerage and other charges due or to be
come due to agents or brokers on policies issued subse
quent to October 1 1905 viz Accident 1075648
health 450713 liability 1286724 steam boiler 1
19407 burglary 42838 sprinkler 104314
Salaries rents expenses taxes bills accounts fees etc
due or accrued and contingency fund
Reinsurance
32
37
117990 50
82254 09
12945 50
551533 52
30850 44
121409 31
4170 92
47 Total amount of all liabilities except capital 921154 28
48 Capital actually paid up in cash 300000 00
49 Surplus over all liabilities 700000 00
50 Surplus as regards policyholders 1000000 00
51 Total liabilities 1921154 28
Business in Georgia during 1905
Accident
Health
Liability
Steam boiler
Burglary
Sprinkler
Gross Premiums
on Risks Written
17716 83
5474 69
18935 14
1423 26
172 50
292 50
Gross Losses
Pi id
10867 22
3435 88
8215 27
483 43
Gross Losses
Incurred
10867 22
3435 88
8215 27
483 43COMPTROLLERGENERALS REPORT
585
UNITED STATES FIDELITY AND GUARANTEE COMPANY OP
MARYLAND
John R Bland President Geo R Callis Secretary
Home Office German Calvert and Mercer Streets Baltimore Md
ICAPITAL STOCK
1 Amount of capital paid up
in cash 1700000 00
2 Amount of ledger assets as per balance
December 31 of previous year 2992396 35
Extended at 2992396 35
IIINCOME
As shown by the books of home office at close of business December 31 1905
1 Gross premiums unpaid December 31 last
year Fidelity and surety 31614890
burglary and theft 6223715 378386 05
2 Gross premiums written and renewed dur
ing the year Fidelity and surety 2253
84720 burglary and theft 47077008 2724617 28
3 Total 3103003 33
4 Deduct gross premiums now in course of
collection Fidelity and surety 370226
22 burglary and theft 6370742 433933 64
5 Entire premiums collected during the
year Fidelity and surety 219976988
burglary and theft 46929981 2669069 69
6 Deduct reinsurance return premiums and
cancellations Fidelity and surety 296
96178 burglary and theft 14122676 438188 54
18 Total net cash actually received for premiums 2230881 15
19 Interest on mortgage loans 229 34
20 Interest on collateral loans 2320 40
21 Interest on bonds and dividends on stock 68112 98
22 Interest from all other sources 1518 03
23 Gross rents from companys property 1055 10
73 235 85
24 Total interest and rents
25 Profit on sale or maturity of ledger assets 2500000
Consolidated Gas Company bonds 34375 enhanced
value of home office property 5000000 50343 75
30 From all other sources Department of guaranteed attor
neys
2387002 09
36 Total income 586
COMPTROLLERGENERALS REPORT
IIIDISBURSEMENTS
As shown by the books of home office at close of business December 31 1905
1 Gross amount paid for losses Fidelity and
surety 114884363 burglary and theft
13209404 1280937 67
2 Deduct salvage and reinsurance Fidelity
and surety 29147420 burglary and
theft 603566 297509 86
3 Net amount paid policyholders for losses 983427 81
14 Investigation and adjustment of claims including legal
and other expenses in defense of suits against policy
holders viz Surety and fidelity 5216718 burglary
and theft 1698253 69149 71
18 Commissions or brokerage less amount received on re
turn premiums and reinsurance for the following
classes Surety and fidelity 41842051 burglary and
theft 10301494 521435 45
22 Stockholders for interest or dividends amount declared
during the year 3 per cent 59500 00
23 Salaries fees and all other compensation of officers and
home office employees 165976 01
24 Salaries traveling and all other expenses of agents not
paid by commissions 201238 60
26 Inspections other than medical 5215 04
27 Rents 31306 34
28 Repairs and expenses other than taxes on real estate 1267 57
29 Taxes on real estate 3132 05
30 All other taxes licenses and insurance department fees 71233 23
31 Legal expenses not included in No 14 19136 48
32 Advertising 17966 45
33 Printing and stationery 31473 65
34 Postage express and telegrams 45306 14
35 Furniture and fixtures 4128 24
36 Loss on sale or maturity of ledger assets 2000000 City
of Quebec 3 per cent bonds 130000 real estate 5
83016 7130 16
40 All other disbursements Traveling expenses home office
account 669309 incidentals development etc 25
43433 32127 42
45 Total disbursements 2270150 35
IVLEDGER ASSETS
As shown by the books of home office at close of business December 31 1905
1 Book value of real estate unincumbered 486332 96
2 Mortgage loans on real estate first liens 15150 00
3 Loans secured by pledge of bonds stocks or other collat
erals 57292 50COMPTROLLERGENERALS REPORT
587
4 Book value of bonds excluding interest 197095124
and book value of stocks 12585900 2096810 24
5 Cash and checks in companys office 8136501 deposited
in banks 27742419 358789 20
7 Other ledger assets Due for reinsurance 2093163 due
for subscriptions department guaranteed attorneys
38 03075 advanced account contracts secured 35
llOM 94873 19
11 Ledger assets 3109248 09
XOXLEDGEB ASSETS
14 97
12 Interest due and accrued on mortgages 11
13 Interest due and accrued on bonds 27101
14 Interest due and accrued on collateral loans L065 IS
15 Interest due and accrued on other assets 389 63
19 Gross premiums in course of collection viz
On policies or renewals issued subsequent
to October 1 1905 Fidelity and surety
34933187 burglary and theft 60174
24 409506 11
On policies or renewals issued prior to Oc
tober 1 1905 Fidelity and surety 20
89435 burglary and theft 353318 24427 53
m 433933 64
33 Total
3571892 62
37 Gross assets
DEDUCT ASSETS NOT ADMITTED
43 Gross premiums in course of collection
written prior to October 1 1905 24427 53
44 Book value of ledger assets over market
value viz Stocks and bonds 49281 43
73708 96
50 Total
3498183 66
51 Admitted assets
VLIABILITIES
1 Losses and claims
In process of adjustment Fidelity and
surety 6852586 burglary and theft
789650 7442236
Resisted Fidelity and surety 21522550
burglary and theft 915000 224375 50
Estimated expenses incident to the settle
ment of unpaid claims Fidelity and
surety
17 Total unpaid claims and expenses of settlement 312397 86588
COMPTROLLERGENERALS REPORT
18 Gross premiums less reinsurance upon
all unexpired risks running one year or
less from date of policy 214626370
unearned premiums fifty per cent 1073131 85
19 Gross premiums less reinsurance upon
all unexpired risks running more than
year from date of policy 14238951 un
earned premiums pro rata 80537 78
20 Total unearned premiums 1153669 63
21 Commissions brokerage and other charges due or to be
come due to agents or brokers on policies issued subse
quent to October 1 1905 viz Fidelity and surety 73
35969 burglary and theft 1865401 92013 70
30 Reinsurance 2444 82
40 Total amount of all liabilities except capital 1560526 01
41 Capital actually paid up in cash 1700000 00
42 Surplus over all liabilities 237657 65
43 Surplus as regards policyholders 1937657 65
44 Total liabilities 3498183 66
Business in Georgia during 1905
Gross premiums received on risks written or
renewed during the year
Gross losses paid
Gross losses incurred
Fidelity and
Surety
33180 73
6422 88
13897 86
Burglary
ana Theft
2202 05
52 55
29 55
UNITED STATES HEALTH AND ACCIDENT INSURANCE COMPANY
OF MICHIGAN
J B Pitcher President V D Cliff Secretary
Home Office 130 North Washington Avenue Saginaw Michigan
John R Thornton Atlanta Attorney for Service in Georgia
ICAPITAL STOCK
1 Amount of capital paid up
in cash 200000 00
2 Amount of ledger assets as per balance
December 31 of previous year 415739 53
Extended at
415739 53COMPTROLLERGENERALS REPORT 589
IIINCOME
As shown by the books at home office at close of business December 311905
Accident
1 Gross premiums unpaid December 31 last
year paid 7056 00
2 Gross premiums written and renewed dur
ing the year 788269 29
3 Total 795325 29
4 Deduct gross premiums now in course of
collection 13046 94
5 Entire premiums collected during the
year 782278 35
6 Deduct reinsurance return premiums and
cancellations 5462 39
18 Net cash actually received for premiums 776815 96
19 Interest on mortgage loans 2448 40
21 Interest on bonds and dividends on stock 11913 17
22 Interest from all other sources 1741 40
25 Profit on sale or maturity of ledger assets Saginaw Bay
City Ry Light Co bonds 70000 Saginaw Bay City
Ry Light Co stock 60000 1300 00
30 From all other sources 987 82
36 Total income 795206 75
IIIDISBURSEMENTS
As shown by the books at home office at close of business December 311905
Accident
1 Gross amount paid for losses 370918 35
2 Deduct salvage and reinsurance 3975 95
3 Net amount paid policyholders for losses 366942 40
14 Investigation and adjustment of claims including legal
and other expenses in defense of suits against policy
holders viz Accident and health 2985 20
18 Commissions or brokerage less amount received on re
turn premiums and reinsurance for the following
classes Accident and health 17450137
22 Stockholders for interest or dividends amount declared
during the year
23 Salaries fees and other compensation of officers and
home office employees 40762 53
24 Salaries traveling and all other expenses of agents not
paid by commissions
25 Medical examiners fees and salaries o00 u
14400 80
30 All other taxes licenses and insurance department fees 15843 14590
COMPTROLLERGENERALS REPORT
31 Legal expenses not included in No 14 571 00
32 Advertising 2511 93
33 Printing and stationery 8172 90
34 Postage and express 12763 57
35 Furniture and fixtures 631 96
40 All other disbursements Office supplies 48835 general
expenses 190146 2389 81
45 Total disbursements 697026 44
IVLEDGER ASSETS
2 Mortgage loans on real estate first liensi
4 Book value of bonds excluding interest
5 Cash in companys office 83500 deposited in bank
13642346
9 Total
10 Less balance due for reinsurance
11 Ledger assets
24519 20
353977 35
137258 46
515755 01
1835 17
513919 84
KOXLEDGEIi ASSETS
12 Interest accrued on mortgages
13 Interest accrued on bonds
19 Gross premiums in course of collection viz On policies
or renewals issued subsequent to October 1 1905 Acci
dent and health
37 Gross assets
350 49
3452 77
13046 94
530770 04
DEDUCT ASSETS NOT ADMITTED
44 Book value of ledger assets over market value Bonds
51 Admitted assets
820 80
529949 24
VLIABILITIES
1Losses and claims
Reported proofs not received
Resisted by company
A ciden
47520 45
2261 00
16 Net unpaid claims 49781 45
21 Estimated expenses incident to the settlement of unpaid
claims 1360 00
25 Gross premiums less reinsurance upon all unexpired
risks running one year or less from date of policy
5434185 unearned premiums fifty per cent 27170 92
28 Commission brokerage and other charges due or to be
come due to agents or brokers on policies issued sub
sequent to October 1 1905 3279 36COMPTROLLERGENERALS REPORT
591
32 Salaries rents expenses taxes bills accounts fees etc
due or accrued
38 Other liabilities viz Suspense tax account 1905 taxes
1500000 contingent fund for unreported claims 20
00000 commissions accrued not due 1000000
47 Total amount of all liabilities except capital
48 Capital actually paid up in cash 200000 00
49 Surplus over all liabilities 202611 98
745 53
45000 00
127337 26
50 Surplus as regards policyholders 402611 98
51 Total liabilities 529949 24
Business in Georgia during 1905
Gross premiums on risks written or renewed during the year 3
Gross losses paid
Gross losses incurred
Accident and
Health
19467 37
10579 82
11441 48
UNITED SURETY COMPANY OF MARYLAND
Olix Bryan President Robt A Dobbin Jr Secretary
Home Office No 15 South Street Baltimore Md
ICAPITAL STOCK
1 Amount of capital paid up in cash
IVLEDGER ASSETS
1 Book value of real estate unincumbered
4 Book value of stocks
5 Cash in companys office and deposited in banks
11 Ledger assets
VLIABILITIES
3349U0 00
250000 00
216000 00
36850 00
502350 00
41 Capital actually paid up in cash
42 Surplus over all liabilities
43 Surplus as regards policyholders
44 Total liabilities
334900 00
167450 00
502350 00
502350 00TABLE No U
38 inTABLE No 1
Showing Business Done by Fire Insurance Companies in this State for the Year ending 1906
CO
NAME OF COMPANY
STATE
Risks Written
During
the Year

Gross Premi
ums on
Old and New
Business
Losses Paid
Losses Un
paid
Fees
Tax
o
o
H
o
E
f
Q
a
H

SB
H
o
Agricultural Fire
Etna
American Central
American
Alliance
Atlanta and Birmingham
Atlanta Home
Atlas Assurance
Boston
British America
Caledonian
Citizens
Commercial Union
Continental
Connecticut
Dixie Fire
Eagle
Fidelity Fire
Fire Association
Firemans Fund
Firemans Fire
ieorgia Home
German Alliance
ierman
GermanAmerican
Uermania
New York
Connecticut
Missouri
New Jersey
Pennsylvania
Alabama
Georgia
England
Massachusetts
Canada
Scotland
Missouri
England
New York
Connecticut
North Carolina
New York
New York
Pennsylvania
California
New Jersey
Georgia
New York
Illinois
New York
New York
2016279 00
670680 00
2885577 00
l76f410 00
31150 00
3002495 00
3231978 00
167395b 00
4070 71
2248428 00
1061008 00
2449946 00
5726283 00
8470952 00
1186500 00
1077420 00
4848042 00
0682045 00
4779179 00
1182393 00
1625061 00
6 715733 00
3761706 00
25539 51
250200 97
49263 46
24635 65
747 95
54810 03
55963 68
30053 93
4265 46
32912 61
19009 62
44233 29
102118 56
148962 00
21013 38
18513 59
81147 65
124192 94
77146 72
21151 77
32449 59
98649 76
57957 23
13006 97
158449 53
24817 15
30022 69
18908 48
21540 76
18243 92
2681 80
3535 95
15640 96
44413 43
34279 86
13425 71
8290 24
33612 75
41199 01
33405 95
14747 10
17357 84
53254 21
8086 54
54 27
12131 00
5174 20
1350 00
3363 50
2365 00
3600 00
4600 00
1729 25
7285 00
3936 97
4433 15
1328 80
6744 16
2079 07
2829 56
416 00
600 00
22940 00
5690 00
87 20 255 40
473 60 1659 39
185 60 492 63
89 60 246 35
58 40 7 48
272 00 548 10
245 60 559 64
113 60 300 54
34 40 42 65
140 00 329 13
94 40 190 10
300 8o 442 33
192 80 1021 18
288 80 1489 62
77 60 210 13
46 40
111 20 185 14
101 60
303 60 811 47
587 20 1241 92
44 00
317 60 771 47
144 80 211 52
116 00 324 50
432 80 986 50
171 20 579 57
Glens Falls
Globe Rutgers Fire
HamburgBremen
Hanover
Hartford
Home
Insurance Co of North America
Jefferson Fire
Law Union nd Cro jvn
Liverpool London Globe
Liverpool London Globe
London Assurance
London Lancashire
New Y orK
Germany
New York
Connecticut
New York
Pennsylvania
Pennsylvania
England
England
New York
England
England
5393374 001 59270 03
Lumber MutualMassachusetts
Mercantile Mutual
Milwaukee Mechanics
Michigan Commercial
National
National Union
New Hampshire
Niagara
North British Mercantile
North German
Norwich Union
Northern Assurance
North River
Orient
Palatine
Pennsylvania
Phoenix Assurance
Phoenix
Phoenix
Prudential Fire
Queen
Rochester German
Royal
Rhode Island
Wisconsin
Connecticut
Pittsburg Pa
New Hampshire
New York
England
New York
England
England
New York
Connecticut
England
Pennsylvania
England
New York
Connecticut
1497759 00
3642791 43
18763906 00
14083763 00
33202086 00
26182 63
41934 86
272538 67
190938 46
241088 80
203300 00
12143442 00
2061630 00
1657166 00
4290842 00
177033 83
1405045 00
1496603 00
6898128 66
30195 54
7906 31
20146 83
110326 54
78031 T
80066 47
New York
New York
England
2558394 00
2255135 19
2092359100
197875 00
6051362 00
4196897 00
1047845 00
1366072 00
2699015 00
3466775 00
2967111 00
12337671 00
6007915 00
7359743 00
3086797 00
6928001 39
1417 74
236925 81
12225 48
19698 47
56955 80
4857 39
10537 84
16753 60
52872 02
20264 86
35723 30
25831 61
63950 37
3161 63
68960 33
41871 74
23351 68
27395 92
49630 70
61724 90
29031 64
208377 01
76133 00
6460 00
6 75
78143 15
12809 02
6860 86
12300 00
124281 14
37351 11
90368 84
359 83
5132 64
14644 81
1835 85
29952 15
16479 35
23927 65
1325 73
20188 94
29309 97
6155 73
11007 54
9618 09
30663 44
23635 96
75726 36
25761 47
35530 65
29456 68
40172 07
3010 00
2389 83
18422 36
37275 31
14184 43
46 00
18264 66
3500 00
2856 00
1050 00
5 00
848971
2250 00
3552 16
4618 80
5218 39
6202 28
4492 86
6330 24
5300 00
2510 00
26 00
2522 00
11361 40
11361 40
10012 00
2605 00
2695 00
178 40
134 40
70 40
48 80
780 80
348 80
404 00
94 40
592 70
521 60
54 40
72 80
195 20
34 40
34 40
68 00
32 00
180 80
144 80
111 20
77 60
152 00
53 60
214 40
113 60
48 40
96 80
120 80
255 20
118 40
36 80
372 80
231 20
322 40
113 60
260 00
261 83
419 35
2725 39
1909 38
2410 88
14
2369
122
196
569
48
105
187
18
25
25
98
56
57
38
53
528
202
357
258
639
31
689
418
233
273
496
617
290
2083
761
72
65
23
32
50
62
60
72
52
95
30
24
32
77
33
1242 81
373 51
903 69
Cl
O

TJ
Hj
td
o
f
f
H
W
O
H
H
5
f
m
H
O
w
CDTABLE No 1Continued
CO
Oi
NAME OF COMPANY
STATE
Risks Written
During
the Year
Gross Premi
ums on
Old and New
Business
Losses Paid
Losses Un
paid
Fees
Tax
Security Fire
Scottish Union National
Southern Mutual
Springfield
St Paul
Sun
Sun
Traders Fire
Union Assurance
United Fireman
Virginia State
Western
Westchester
Williamsburg
Total
Scotland
Georgia
Massachusetts
Minnesota
England
Louisiana
England
Pennsylvania
Virginia
Canada
New York
New York
3280674 65
31071251 00
5429955 90
3388567 00
3106705 00
3183361 00
2071491 00
155880 00
3910809 00
2850267 00
1886878 00
330954978 70
38789 22
310589 30
53501 08
53349 85
39509 35
57075 06
10463 74
2317 16
43019 93
36647 76
29606 77
4281305 95
12091 24
52378 59
21154
23990 77
14814 22
13546 32
4747 05
13714 00
15492 51
11014 79
1659543 25
5748 24
400 00
1330 00
1415 00
3920 44
1274 35
277 82
2003 64
1500 00
299015 41
32 00
185 60
108 80
100 80
219 20
82 40
161 60
104 00
96 80
48 80
34 40
173 60
216 80
212 00
12595 40
387 89
3105 89
535 01
533 50
395 09
570 75
104 64 23 17
430 20 366 47 296 07
41991 47
O
O
hj
H
W
o
F
r
H
W
6
a
z

w
SI

n
o
w
3TABLE No 2
Showing Business Done in this State by Old Line Life Insurance Companies for the Year 1906
Or
CO
NAME OF COMPANY
STATE
Atlanta IndustrialLife
Etna
Chicago
Citizens
Columbian National
Connecticut Mutual
Equitable
Fidelity Mutual
Franklin
Germania
Home
Hartford
Illinois
Life Insurance Co of Virginia
Manhattan
Maryland
Massachusetts Mutual
Meridian
Metropolitan
Michigan Mutual
Missouri State
Mutual Benefit
Mutual
Mutual Reserve
National
National
Atlanta Ga
Connecticut
Illinois
Kentucky
Massachusetts
Connecticut
New York
Pennsylvania
Illinois
New York
New York
Connecticut
Illinois
Virginia
New York
Maryland
Massachusetts
Indiana
New York
Michigan
Missouri
New Jersey
New York
New York
Illinois
Vermont
Risks Written
During
the Year
Premiums
Received On
Old and New
Business
Losses Paid
Losses
Unpaid
Fees
1468307 00
347500 00
1032000 00
251500 Oo
147670 00
1040765 00
380590 00
386500 00
281000 00
582456 00
61000 00
235500 00
1310463 00
490740 00
11500 00
1046261 00
102000 00
6102369 00
909395 57
297040 00
1240500 00
2777154 00
1258800 00
405593 58
1610430 00
165939 47
18671 69
13218 32
7741 78
46137 13
477654 23
86609 84
79484 42
33538 99
52211 72
82006 61
40089 87
32287 67
102217 50
16392 79
246913 27
3436 62
470458 99
66355 88
15582 88
319879 30
985207 55
151529 00
38616 48
71421 88
52799 00
4500 00
87813 00
367246 99
44500 00
4102 07
9933 00
500 00
62000 00
12921 00
5293 36
66524 00
6700 00
82197 00
121113 65
4700 00
81202 99
508551 56
23557 19
32789 25
12000 00
3053 00
5313 00
31000 00
2175 20
1500 00
22000 00
3162 53
36464 00
1000 00
2045 00
1608 00
12000 00
66822 09
24000 00
3535 00
32 00
188 CO
46 40
51 20
41 60
36 80
44 00
58 40
32 00
46 40
41 60
36 80
41 60
159 20
44 00
39 20
77 60
58 40
420 80
34 40
34 40
251 20
106 40
92 00
44 00
82 40
Tax
1659
186
132
79
461
4776
866
794
335
522
820
400
322
1022
163
2469
34
4704
603
155
3198
9852
1545
386
714
39
72
18
48
37
54
09
84
39
12
07
89
88
18
92
13
37
59
56
83
79
08
29
16
22
O
O
0
H
to
o
t1
f
H
to
o
2
M
to

IT1
CO
to
a
o
o
toNew England Mutual
New York
North Western Mutual
Pacific Mutual
Phcenix Mutual
Philadelphia
Penn Mutual
Pittsburg Trust
Provident Savings
Prudential
Reliance
Reserve Loan
State Mutual
State Mutual
Security Life and Annuity
Security Mutual
Security Trust
Security Life and Annuity
State
Southern Life
Southern States Life
Sun
Travelers
United A merican
Union Mutual
Union Central
Volunteer State
Washington
Massachusetts
New York
Wisconsin
California
Connecticut
Pennsylvania
Pennsylvania
Pennsylvania
New York
New Jersey
Pennsylvania
Indiana
Massachusettes
Georgia
Illinois
New York
New York
North Carolina
Indianapolis
North Carolina
Alabama
Canada
Connecticut
Maine
Ohio
Tennessee
New York
780 798 00
2670561 00
1749300 00
3782700 00
205000 00
76721 57
801877 11
419577 13
50241 69
81646 97
4645689 00
72000 00
564318 00
2117900 00
513500 00
306000 00
306600 00
1410900 00
24573 00
240026 00
191654 04 6000 00
10562 Oil
23000 00
771888 26
1634 89
119502 18
366802 42
30159 38
50397 57
28956 44
135826 20
235195 00 42340 00
229600 00
7365 00
73550 47
15926 25
34000 00
87760 00 3000 00
9 300 00 1000 00
3000 00
14486 00
2121500 00 150066 95
Total
703000 00
230304 00
466876 19
1783294 00
230500 00
33855 00
47679594 34 7337848 96
63101 55
172895 31
29414 58
21323 50
30000 00
10644 00
982 00
48 80
5000 00
17412 40
260531 25
5187 33
26604 59
25677 50
82160 00
ViOO 00
55762 00
J4b0 00
2665295 69 284643 82
58 401
226 40
252 80
36 80
41 60
32 00
214 40
32 00
51 20
51 20
4 80
56 00
58 40
99 20
32 00
58 40
53 60
41 60
56 00
48 80
178 40
32 00
75 20
68 00
51 20
66 40
767 22
8048 77
4195 77
502 42
816 46
16 61
7718 88
16 84
1195 02 O
3668 02 O K H
301 59
503 97
289 56
1358 26
p
735 50 H
159 26 w
lf00 67 V
M

631 02 CO
1728 95
174 12 Pi
2605 31 o
71 87
26i 05 m
H
4235 20 73537 22
Crc
CD
CDTABLE No 3
Showing Business Done by Assessment Life Fire and Accident Insurance Companies in this State for the Year 1906
OS
o
o
NAME OF COMPANY
STATE
Amount
of Insurance
Written during
the Year
Premiums
Losses Paid
Losses
Unpaid
Fees
Tax
o
o
W
O
E
F
H
W

to
American Mut Life of Rutledge
American Assurance Association
American Insurance Oo
American Live Stock
American Live Stock of Eastman
Angelus Mutual
Athens Mutual
Athens Cooperative Live Stock
Atlanta Mutual Live Stock
Atlanta Mutual Insurance Association
Bankers Health and Life Insurance Co
Bell Mutual Live Stock
Continental Aid Association
Citizens Live Stock
Commonwealth Insurance Co
Cooperative Live Stock
Cotton Mill Mutual Fire Insurance Co
Empire Mutual Annuity Life Insurance Co
Empire State Live Stock
Farmers Cooperative Fire
Farmers Cooperative Protective Live Stock
Farmers Mutual Fire of Madison
Farmers Mutual Fire Insurance Co
Gate City Fire
Georgia Cooperative Fire
Georgia Alabama Florida Live Stock
Georgia Live Stock of Tifton
Georgia
Georgia
Georgia
Georgia
Georgia
Georgia
Georgia
Georgia
Georgia
Georgia
Georgia
Georgia
Georgia
Georgia
Georgia
Georgia
Georgia
Georgia
Georgia
Georgia
Georgia
Georgia
Georgia
Georgia
Georgia
Georgia
Georgia
120300 00
534855 00
1001550 00
197311 00
1234430 25
39045 00
11977 05
88314 00
14579 32
12901 31
3767 50
4448 59
1208 34
1340 00
4614 92
25187 15
1089 26
4117 22
1356 00
119 77
10313 05
225 00
6740 00
4172 00
270831 25
62603 00
555790 00
1597000 00
1012298 00
79812 00
1080000 00
4500 00
19573 43
816 97
4275 91
64532 68
5061 98
399 00
5400 00
145 00
5581 1
i050 00
41 29
6181 25
5120 00
350 00
3135 00
800 00
36 8C
53 6C 145 79
60 80 129 01
28 8 37 67
51 20
36 8C 46 14
65 60 251 87
34 40
51 20 13 56
101 60 119 97
75 20 103 13
32 00
56 00 195 73
41 60
34 40 8 17
32 00
32 00 45 32
37 20 645 32
32 00
39 20 50 61
46 40
44 00 3 99
44 00 54 00
36 80 1 45
32 00
41 60
65 60
Georgia
Georgia
Georgia
Georgia
Georgia
Georgia
Georgia
Georgia
Georgia
Georgia
Georgia
Georgia
Georgia
Georgia
Georgia
Georgia
Georgia
Georgia
Georgia
Georgia
Georgia
Georgia
Georgia
Georgia
Georgia
Georgia
Georgia
Georgia
Georgia
Georgia
Georgia
Georgia
Georgia
Union Mutual AssociationGeorgia
Georgia Live Stock Company
Ginners Mutual Fire of Athens
Georgia Mutual Fire Insurance Co
German Mutual Fire of Atlanta
Great Southern Home Industrial Insurance Co
Guaranty Aid and Relief Society
Home Friendly Society
Industrial Life and Health
Metropolitan Mutual Benefit Association
Mutual Benefit Life
Mutual Benefit Industrial
Mutual Life Industrial Association
Mutual Live Stock
M utual Fire Indemnity
Mutual Fire Insurance Co
Mutual Trust Insurance Co of Cordele
National Health and Accident
National Live Stock
Pilgrim Health and Life
Planters Live Stock
South Georgia Farmers
Southern Cooperative Live Stock
Southern Life Insurance Co
Southern Mutual Life
Southern Mutual Live Stock
Southern Mutual Fire
Sterling Mutual Life
Southern Life and Health
Southern Live Stock
Sunlight Insurance Co
Union Benefit Association
Union Fire
United Live Stock
244655 00
326180 09
348435 00
35250 00
6283L 50
301120 00
1137276 00
184575 00
152500 00
7807 32
4361 23
5327 50
2157 28
5481 25
23485 00
219234 65
23167 85
6002 00
53291 30
541100 00
124700 00
337040 00
54750 00
279300 00
55000 00
773000 00
647516 00
72244 38
12986 40
1509 61
6208 12
594 75
1592 00
500 00
284 33
1063 00
1754 21
13762 19
79674 25
7768 91
7302 00
1731 60
1266 66
22 66
19602 00
255 00
3092 00
36881 51
157 55
318 05
219936 00
TotalI 14769148 39 68901172 26336046 4646 40
1618 60
4063 00
48031 00
9253 75
985 00
64318 00
132 50
27216 92
2000 00
1246 40
600 00
89 60 78 07
39 20
43 61
58 40 53 28
41 60 21 57
36 80 54 81
48 80 234 85
147 20 2192 34
137 60 231 67
41 60 60 00
34 40
48 80 722 45
96 80 129 86
34 40 15 10
69 09
84 80
36 80 5 94
36 80
53 60 196 02
32 00
34 40 2 55
32 00
32 00
46 40
34 40
39 20
32 00
41 60
40 80
41 60
41 60
34 40
34 40
118 40
3092 00
368 81
16 18
40 63
480 37
2995 20 9960 93
a
o
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F
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3
oTABLE No 4
Showing Business Done by Accident Marine and Surety Companies in this State for the Year 1906
C3
NAME OF COMPANY
STATE
American Casualty
American Bonding
American Surety
yEtna Accident
Etna Indemnity
Continental Casualty
Employers Liability
Empire State Surety
Employers Indemnity
Federal Union Surety
Frankfort Marine
Fidelity and Casualty
Fidelity and Deposit
General Accident
General Accident
Great Eastern Casualty
Guarantee Company of North America
Han ford Steam Boiler
London Guarantee
Lloyds Plate Glass
Maryland Casualty
Metropolitan Casualty
Metropolitan Plate Glass
National Surety
New York Plate Glass
North American Accident
Maryland
New York
Connecticut
Connecticut
Illinois
England
New York
Pennsylvania
Indiana
Germany
New York
Maryland
Scotland
Pennsylvania
New York
Canada
Connecticut
England
New York
Maryland
New York
New York
New York
New York
Illinois
Amount of In
surance
Written Dur
ing the Year
Premiums
Losses Paid
Losses Un
paid
Fees
6766166 00
8662650 00
4310204 00
38200 00
7439750 00
922250 00
17248974 70
5476030 00
7909830 00
112200 00
5077900 00
1507314 00
1614000 0U
67551 00
12390272 00
7767141 00
3153734 00
92719 00
1032300 00

17530 80
15098 28
57599 80
15731 48
47 24
17143 09
4714 73
79622 44
26521 99
15913 35
296 50
841 00
7034 87
13816 58
8723 17
1726 04
70624 55
20084 99
10559 58
2255 29
5904 76
19526 24
6109 72
17865 12
1893 77
327 33
5110 73
417 31
28376 92
2759 66
5446 64
45 06
297 50
3969 85
490 23
1966 23
675 02
28594 56
3830 12
3884 90
547 37
1489 56
I
3405 55
5461 21
4907 92
29 60
982 66
5000 00
2472 00
7 00
405 86
157 57
240 00
1000 00
394 83
1287 37
558 91
195 09
41 60
34 40
185 60
2 40
46 40
58 40
32 00
32 00
32 00
34 40
125 60
32 00
60 80
14 40
36 80
36 80
76 40
44 00
51 20
56 00
34 40
104 00
94 40
34 40
56 00
Tax
175 30
150 98
576 00
157 31
47 24
171 43
26 70
47 14
796 22
265 21
159 13
2 97
11 38
70 35
138 16
87 23
17 26
200 84
105 59
22 55
59 04
o
o
13
o
f
F
H
w
6
H
H

F
OOcean Accident
Pennsylvania Casualty
Preferred Accident
Standard Accident
Title Guaranty
Thames and Mersey Marine
Travelers Accident
United States Casualty
United States Fidelity Guarantee
United States Health Accident
United Surety
England
Pennsylvania
New York
Michigan
Pennsylvania
England
Connecticut
New York
Maryland
Michigan
Maryland
Total
939500 00
3389500 00
2100550 00
456588 00
1091538 00
23954000 00
6483730 96
1911800 00
15200 00
132931562 6b
37679 69
10118 69
11289 00
18060 94
3430 25
2556 24
84090 75
50375 89
36864 42
20304 09
105 00
666665 49
22662 61
2573 93
3404 42
7870 13
38475 05
31704 20
1954 01
11389 70
253657 89
10470 00
580 43
2740 00
10698 26
809 21
51963 47
41 20
26 40
51 20
111 20
70 80
34 40
58 40
144 80
34 40
34 40
1963 60
376 80
101 19
112 89
180 61
34 30
25 56
840 92
503 75
368 64
203 04
1 05
6036 78
a
o
K
13
3
ft
o
p
P
H
SI
g
g
H
ft
i
m

H
a
o
ft
3
03

03TABLE No 5
Comparative Table Showing Comparative Business of Insurance Companies in the State for the Years 1900 to 1906 Inclusive
1900 Fire
1900 Life
1900 Cooperative
1900 Accident Surety and Marine
1901 Fire Companies
1901 Old Line Life Companies
1901 Assessment Life Companies
1901 Accident Plate Glass Marine and Surety Cos
1901 Fraternal Orders
1902Fire
1902Old Line Life
1902IAssessment Life
1902 Accident Plate Glass Marine and Surety Cos
1902 Fraternal Orders
1902
1902
1908
1903
1903
1903
Agents Tax receipted for as fees by mistake
Overpayment of fees
Fire
Life
Cooperative
Accident Surety and Marine
1903 Fraternal Orders
1904 Fire
1904 Life
1904 Cooperative
1904 Accident Surety and Marine
1904 Fraternal Orders
Less Overpayment
Amount
Insurance in
Force
Premiums
Losses
179561495
92223613
7847605
76015608
231234339
132654379
4659699
106758014
234719433
140409404
4848391
101564929
225048844
142672751
5903650
99933279
280530212
171133881
9158245
100855541
2419054 02
3989954 41
276811 01
260701 94
2799184 25
4096642 95
231899 72
329627 19
3002653 49
4799931 23
275400 53
382844 05
3241995 28
5298816 17
303421 89
395082 45
3535767 42
59S0233 56
389008 97
508813 32
1575983 77
1488443 73
100074 48
122829 96
1543133 20
1524301 42
51478 98
150316 41
1379395 44
1843778 09
54375 95
203605 77
1431332 91
1758747 09
68363 02
201170 42
1336233 95
2302996 62
99118 97
213934 79
3 a
Sao
Fees
Taxes
2694
580
152
195
2816
739
127
200
2515
744
99
244
2890
739
163
312
3306
957
154
350
8514
2512
780
1396
8839
2989
848
1312
220
7860
3065
653
1513
300
30
8728
3117
1095
1740
430
9919
3640
1233
1704
410
24190 38
36385 58
2768 10
2607 06
27991 69
40966 36
2334 58
3296 25
30007 81
48057 48
2754 00
3828 40
32817 29
53045 59
3034 20
4453 24
35357 67
59802 33
4046 12
5088 13
Total
32704 78
38897 58
3548 90
4003 86
36830 89
43955 96
3183 38
4608 25
39692 61
51123 08
3407 60
5342 00
41543 29
56163 19
4129 40
5458 57
45287 20
63443 13
5279 72
6792 13
o

3
o
E
a
W
Q
H
m

GO
W
H
O1905 Fire
1905 Life
1905 Cooperative
1905 Accident Surety and Marine
1905 Kraternal Orders
1906 Fire
1906 Life
1906 Cooperative
1906 Accident Surety and Marine
1906 Fraternal Orders
274885240 75
197919425 16
12661243 05
99830976 34
3855589 11
6618772 04
267563 37
577022 62
4281305 95
7337848 96
684149 72
666665 49
2560991 2513637
3443227 43
203885 85
248449 44
1659543 25
2665295 69
262025 46
253657 89
1047
202
397
10746 40
4112 80
1892 80
1912 80
410 00
12595 40
4235 20
2995 20
1936 60
700 00
39125 73
66605 96
4955 58
5779 25
41991 47
73537 22
9960 93
6036 78
49872 13
70718 76
6848 38
7692 05
o
o
0
to
o
E
H
to
6

2

r
02
to
H
T
O
to
Oi
oINDEX
iETNA INDEMNITY COMPANY OF HARTFORD
CONNECTICUT
Statement of 477
vETNA INSURANCE COMPANY HARTFORD
CONNECTICUT
Statement of 16
ETNA LIFE INSURANCE COMPANY OF CON
NECTICUT
Statement of 221
AGRICULTURAL FIRE INSURANCE COMPANY
OF WATERTOWN N Y
Statement of
19
ALLIANCE INSURANCE COMPANY OF PHILA
DELPHIA
Statement of 22
AMERICAN ASSURANCE ASSOCIATION OF AT
LANTA GA
Statement of
429
AMERICAN BONDING COMPANY OF BALTIMORE
MARYLAND
Statement of 480608 COMPTROLLERGENERALS REPORT
AMERICAN CASUALTY INSURANCE COMPANY
READING PA
Statement of 487
AMERICAN CENTRAL INSURANCE COMPANY
OF ST LOUIS MO
Statement of 24
AMERICAN INSURANCE COMPANY
Statement of 431
AMERICAN INSURANCE COMPANY OF NEW
JERSEY
Statement of 27
ATHENS MUTUAL FIRE INSURANCE COMPANY
OF ATHENS GA
Statement of 433
AMERICAN MUTUAL LIFE INSURANCE COM
PANY RUTLEDGE GA
Statement of433
AMERICAN LIVE STOCK INSURANCE COMPANY
Statement of 429
AMERICAN SURETY COMPANY OF NEW YORK
Statement of 484
ANGELUS MUTUAL INSURANCE COMPANY
Statement of 408
ATHENS COOPERATIVE LIVE STOCK INSUR
ANCE COMPANY
Statement of 42gCOMPTROLLERGENERALS REPORT 609
ATLANTA BIRMINGHAM FIRE INSURANCE
COMPANY OF BIRMINGHAM ALA
Statement of 32
ATLANTA HOME FIRE INSURANCE COMPANY
OF ATLANTA GA
Statement of 35
ATLANTA INDUSTRIAL LIFE INSURANCE COM
PANY
Statement of 221
ATLANTA MUTUAL INSURANCE ASSOCIATION
OF ATLANTA GA
Statement of 426
ATLAS ASSURANCE COMPANY LTD LONDON
Statement of 29
B
BANKERS HEALTH AND LIFE INSURANCE
COMPANY OF MACON GA
Statement of 434
BOSTON FIRE INSURANCE COMPANY OF BOS
TON MASS
Statement of 37
BRITISH AMERICA ASSURANCE COMPANY TO
RONTO CANADA
Statement of 41
39 in610 COMPTROLLERGENERALS REPORT
c
CALEDONIAN FIRE INSURANCE COMPANY OF
EDINBURGH SCOTLAND
Statement of 43
CHICAGO LIFE INSURANCE COMPANY CHI
CAGO ILL
Statement of 224
CITIZENS FIRE INSURANCE COMPANY OF MIS
SOURI
Statement of 4
CITIZENS LIFE INSURANCE COMPANY OF
LOUISVILLE KY
Statement of 228
COLUMBIAN NATIONAL LIFE INSURANCE
COMPANY OF BOSTON MASS
Statement of 23
COMMERCIAL UNION ASSURANCE COMPANY
LTD OF LONDON ENGLAND
Statement of 49
COMMONWEALTH INSURANCE COMPANY AT
LANTA GA
Statement of 436
CONNECTICUT FIRE INSURANCE COMPANY
HARTFORD
Statement of 52
CONNECTICUT MUTUAL LIFE INSURANCE
COMPANY OF HARTFORD CONN
Statement of 235COMPTROLLERGENERALS REPORT 611
CONTINENTAL AID ASSOCIATION OF ATLAN
TA GA
Statement of 437
CONTINENTAL CASUALTY COMPANY HAM
MOND IND
Statement of 49
CONTINENTAL EIRE INSURANCE COMPANY OE
NEW YORK
Statement of 55
COTTON MILL MUTUAL FIRE INSURANCE COM
PANY OF GEORGIA
Statement of 439
D
DIXIE FIRE INSURANCE COMPANY OF GREENS
BORO N C
Statement of 5
EAGLE FIRE INSURANCE COMPANY OF NEW
YORK
Statement of 59
EMPIRE MUTUAL ANNUITY AND LIFE INSUR
ANCE COMPANY OF GEORGIA
Statement of 44
EMPIRE STATE SURETY COMPANY OF NEW
YORK
Statement of 49612
COMPTROLLERGENERALS REPORT
EMPLOYERS INDEMNITY COMPANY OF PHILA
DELPHIA PA
Statement of 496
EMPLOYERS LIABILITY ASSURANCE CORPORA
TION LTD U S BRANCH GREAT BRIT
AIN AND IRELAND
Statement of 499
EQUITABLE LIFE ASSURANCE SOCIETY OF
THE UNITED STATES
Statement of 239
FARMERS COOPERATIVE FIRE INSURANCE
COMPANY OF JACKSON GA
Statement of 445
FARMERS FIRE INSURANCE COMPANY OF
GEORGIA
Statement of 443
FARMERS MUTUAL FIRE INSURANCE COM
PANY OF FORT GAINES GA
Statement of 444
FEDERAL UNION SURETY COMPANY OF INDI
ANA
Statement of 502
FIDELITY AND CASUALTY COMPANY OF NEW
YORK N Y
Statement of 508COMPTROLLERGENERALS REPORT 613
FIDELITY AND DEPOSIT COMPANY OF MARY
LAND
Statement of 52
FIDELITY FIRE INSURANCE COMPANY OF NEW
YORK
Statement of 62
FIDELITY MUTUAL LIFE INSURANCE COM
PANY PHILADELPHIA PA
Statement of 244
FIRE ASSOCIATION OF PHILADELPHIA PA
Statement of 52
FIREMANS FUND INSURANCE COMPANY OF
SAN FRANCISCO CAL
Statement of 68
FIREMENS FUND INSURANCE CORPORATION
OF CALIFORNIA
Statement of 71
FIREMENS INSURANCE COMPANY OF NEW
ARK N J
Statement of 65
FRANKFORT MARINE ACCIDENT AND PLATE
GLASS INSURANCE COMPANY
Statement of 55
FRANKLIN LIFE INSURANCE COMPANY
SPRINGFIELD ILL
Statement of 248614
COMPTROLLERGENERALS REPORT
GATE CITY FIRE INSURANCE COMPANY OF
GEORGIA
Statement of 446
GEORGIA COOPERATIVE FIRE ASSOCIATION
OF GEORGIA
Statement of 451
GEORGIA HOME FIRE INSURANCE COMPANY
OF COLUMBUS GA
Statement of

GEORGIA INDUSTRIAL INSURANCE COMPANY
OF GEORGIA
Statement of 448
GEORGIA MUTUAL FIRE INSURANCE COMPANY
OF GEORGIA
Statement of 448
GEORGIA LIVE STOCK INSURANCE COMPANY
OF GEORGIA
Statement of 453
GENERAL ACCIDENT ASSURANCE CORPORA
TION LIMITED
Statement of cjc
GENERAL ACCIDENT INSURANCE COMPANY OF
PENNSYLVANIA
Statement of IO
GERMANAMERICAN INSURANCE COMPANY OF
NEW YORK CITY N Y
Statement of ygCOMPTROLLERGENERALS REPORT 615
GERMAN ALLIANCE FIRE INSURANCE COM
PANY OF NEW YORK N Y
Statement of 75
GERMAN FIRE INSURANCE COMPANY OF FREE
PORT ILLINOIS
Statement of 8l
GERMANIA FIRE INSURANCE COMPANY OF
NEW YORK N Y
Statement of 84
GERMANIA LIFE INSURANCE COMPANY OF
NEW YORK N Y
Statement of D
GLENS FALLS FIRE INSURANCE COMPANY OF
GLENS FALLS N Y
87
Statement of
GLOBE AND RUTGERS FIRE INSURANCE COM
PANY OF NEW YORK
Statement of 1
GREAT EASTERN CASUALTY AND INDEMNITY
COMPANY OF NEW YORK
Statement of
GREAT SOUTHERN HOME INDUSTRIAL ASSO
CIATION OF ALABAMA
Statement of 449
GUARANTEE COMPANY OF NORTH AMERICA
Statement of J616 COMPTROLLERGENERALS REPORT
GUARANTY AID AND RELIEF SOCIETY OF GEOR
GIA
Statement of 446
H
HAMBURGBREMEN FIRE INSURANCE COM
PANY OF HAMBURG GERMANY
Statement of 92
HANOVER FIRE INSURANCE COMPANY OF NEW
YORK N Y
Statement of 94
HARTFORD FIRE INSURANCE COMPANY OF
HARTFORD CONN
Statement of 97
HARTFORD LIFE INSURANCE COMPANY OF
HARTFORD CONN
Statement of 256
HARTFORD STEAM BOILER INSPECTION AND
INSURANCE COMPANY OF CONNECTICUT
Statement of 527
HOME FRIENDLY SOCIETY OF MARYLAND
Statement of 454
HOME INSURANCE COMPANY OF NEW YORK
Statement of IOO
HOME LIFE INSURANCE COMPANY OF NEW
YORK N Y
Statement of gjCOMPTROLLERGENERALS REPORT 617
I
INDUSTRIAL LIFE AND HEALTH INSURANCE
COMPANY OF GEORGIA
Statement of 456
J
JEFFERSON FIRE INSURANCE COMPANY OF
PHILADELPHIA
Statement of I03
L
LIFE INSURANCE COMPANY OF VIRGINIA
Statement of
LIVERPOOL AND LONDON AND GLOBE INSUR
ANCE COMPANY OF LIVERPOOL ENG
LAND
Statement of Io8
LIVERPOOL AND LONDON AND GLOBE INSUR
ANCE COMPANY OF NEW YORK N Y
Statement of Io6
LLOYDS PLATE GLASS INSURANCE COMPANY
OF NEW YORK
Statement of 533
LONDON ASSURANCE CORPORATION OF LON
DON ENGLAND
Statement of
LONDON GUARANTEE AND ACCIDENT COMPA
NY LIMITED
Statement of 618
COMPTROLLERGENERALS REPORT
LONDON AND LANCASHIRE FIRE INSURANCE
COMPANY OF LIVERPOOL ENGLAND
Statement of 115
LUMBER MUTUAL INSURANCE COMPANY OF
BOSTON MASS
Statement of 117
M
MACON LIVE STOCK INSURANCE COMPANY OF
GEORGIA
Statement of461
MANHATTAN LIFE INSURANCE COMPANY OF
NEW YORK N Y
Statement of 269
MARYLAND CASUALTY COMPANY OF MARY
LAND
Statement of 536
MARYLAND LIFE INSURANCE COMPANY OF
BALTIMORE MD
Statement of 274
MASSACHUSETTS MUTUAL LIFE INSURANCE
COMPANY SPRINGFIELD MASS
Statement of
MERCANTILE MUTUAL FIRE INSURANCE COM
PANY OF PROVIDENCE R I
Statement of
MERIDIAN LIFE AND TRUST COMPANY OF IN
DIANA
Statement of
278
120
283COMPTROLLERGENERALS REPORT
619
METROPOLITAN LIFE INSURANCE COMPANY
OF NEW YORK
Statement of
28
METROPOLITAN MUTUAL BENEFIT ASSOCIA
TION OF GEORGIA
Statement of
459
METROPOLITAN PLATE GLASS AND CASUALTY
INSURANCE COMPANY OF NEW YORK
Statement of
540
METROPOLITAN SURETY COMPANY OF NEW
YORK
Statement of
543
MICHIGAN COMMERCIAL INSURANCE COM
PANY OF LANSING
Statement of
122
MICHIGAN COMMERCIAL INSURANCE COMPA
NY LANSING MICH
Statement of
546
MICHIGAN MUTUAL LIFE INSURANCE COM
PANY DETROIT MICH
Statement of
MILWAUKEE MECHANICS FIRE INSURANCE
COMPANY OF MILWAUKEE WIS
Statement of
290
124
MISSOURI STATE LIFE INSURANCE COMPANY
ST LOUIS MO
Statement of
294620
COMPTROLLERGENERALS REPORT
MUTUAL BENEFIT LIFE INSURANCE COMPANY
OF GEORGIA
Statement of a6i
MUTUAL BENEFIT LIFE INSURANCE COMPANY
NEWARK N J
Statement of
MUTUAL FIRE INDEMNITY ASSOCIATION OF
GEORGIA
Statement of
464
MUTUAL FIRE INSURANCE COMPANY OF COR
DELE GA
Statement of
458
MUTUAL LIFE INDUSTRIAL ASSOCIATION OF
GEORGIA
Statement of
462
MUTUAL LIFE INSURANCE COMPANY OF NEW
YORK
Statement of
303
MUTUAL LIVE STOCK INSURANCE COMPANY
OF GEORGIA
Statement of
459
MUTUAL RESERVE LIFE INSURANCE COMPANY
OF NEW YORK
Statement of
308
N
NATIONAL FIRE INSURANCE COMPANY OF
HARTFORD CONN
Statement of
127COMPTROLLERGENERALS REPORT 621
NATIONAL LIFE INSURANCE COMPANY CHI
CAGO ILL
Statement of 3T3
NATIONAL LIFE INSURANCE COMPANY MONT
PELIER VT
Statement of 37
NATIONAL SURETY COMPANY
Statement of 548
NATIONAL UNION FIRE INSURANCE COMPANY
OF PITTSBURG PA
Statement of I29
NEW ENGLAND MUTUAL LIFE INSURANCE
COMPANY BOSTON MASS
Statement of 322
NEW HAMPSHIRE FIRE INSURANCE COMPANY
OF MANCHESTER N H
Statement of 3
NEW YORK LIFE INSURANCE COMPANY NEW
YORK
Statement of 32
NEW YORK PLATE GLASS INSURANCE COMPA
NY NEW YORK
ke2
Statement of OD
NIAGARA FIRE INSURANCE COMPANY OF NEW
YORK N Y
Statement of 622
COMPTROLLERGENERALS REPORT
NORTH AMERICAN ACCIDENT INSURANCE COM
PANY OF ILLINOIS
Statement of
554
NORTH AMERICA INSURANCE COMPANY OF
PHILADELPHIA PA
Statement of
137
NORTH BRITISH AND MERCANTILE FIRE IN
SURANCE COMPANY U S BRANCH OF
LONDON AND EDINBURGH
Statement of
141
NORTHERN ASSURANCE COMPANY U S
BRANCH
Statement of
149
NORTH GERMAN FIRE INSURANCE COMPANY
OF NEW YORK N Y
Statement of
144
NORTH RIVER FIRE INSURANCE COMPANY OF
NEW YORK N Y
Statement of
146
NORTHWESTERN MUTUAL LIFE INSURANCE
COMPANY
Statement of
33i
NORWICH UNION FIRE INSURANCE SOCIETY
U S BRANCH OF ENGLAND
Statement of
152COMPTROLLERGENERALS REPORT 623
o
OCEAN ACCIDENT AND GUARANTEE CORPORA
TION LIMITED OE LONDON ENGLAND
Statement of 557
ORIENT EIRE INSURANCE COMPANY OF
HARTFORD
Statement of 54
P
PACIFIC MUTUAL LIFE INSURANCE COMPANY
OF CALIFORNIA
Statement of
PACIFIC MUTUAL LIFE INSURANCE COMPANY
SAN FRANCISCO CAL
Statement of 335
PALATINE INSURANCE COMPANY LTD OF
LONDON ENGLAND
157
Statement of
PENN MUTUAL LIFE INSURANCE COMPANY
PHILADELPHIA PA
Statement of 345
PENNSYLVANIA CASUALTY COMPANY OF PENN
SYLVANIA
563
Statement of
PENNSYLVANIA FIRE INSURANCE COMPANY
OF PHILADELPHIA PA
159
Statement of624
COMPTROLLERGENERALS REPORT
PHENIX FIRE INSURANCE COMPANY OF
BROOKLYN N Y
Statement of 162
PHCENIX FIRE ASSURANCE COMPANY LTD
OF LONDON ENGLAND
Statement of jgc
PHCENIX INSURANCE COMPANY OF HART
FORD CONN
Statement of 167
PHOENIX MUTUAL LIFE INSURANCE COMPANY
OF CONNECTICUT
Statement of 340
PHILADELPHIA LIFE INSURANCE COMPANY OF
PHILADELPHIA PA
Statement of 35
PILGRIM HEALTH AND LIFE INSURANCE COM
PANY OF GEORGIA
Statement of 46c
PITTSBURGH LIFE AND TRUST COMPANY OF
PENNSYLVANIA
Statement of
356
PREFERRED ACCIDENT INSURANCE COMPANY
OF NEW YORK
Statement of
PROVIDENT SAVINGS LIFE ASSURANCE SO
CIETY NEW YORK N Y
Statement of
566
359COMPTROLLERGENERALS REPORT 625
PRUDENTIAL FIRE INSURANCE COMPANY OF
WEST VIRGINIA
Statement of l7
PRUDENTIAL INSURANCE COMPANY OF AMER
ICA NEWARK N J
Statement of 35
Q
QUEEN INSURANCE COMPANY OF AMERICA
NEW YORK
1 Statement of l72
R
RELIANCE LIFE INSURANCE COMPANY PITTS
BURGH PA
Statement of 34
RESERVE LOAN LIFE INSURANCE COMPANY
INDIANAPOLIS IND
Statement of 367
ROCHESTER GERMAN FIRE INSURANCE COM
PANY OF ROCHESTER N Y
Statement of 74
ROYAL EXCHANGE ASSURANCE OF LONDON
ENGLAND
Statement of I77
ROYAL FIRE INSURANCE COMPANY U S
BRANCH OF LIVERPOOL ENGLAND
Statement of l8
4o in626
COMPTROLLERGENERALS REPORT
SCOTTISH UNION AND NATIONAL FIRE INSUR
ANCE COMPANY OF EDINBURGH SCOT
LAND
Statement of
i83
SECURITY FIRE INSURANCE COMPANY OF
NEW HAVEN CONN
Statement of
185
SECURITY LIFE AND ANNUITY COMPANY OF
NORTH CAROLINA
Statement of
370
SECURITY LIFE AND ANNUITY COMPANY OF
VIRGINIA
Statement of
38
SECURITY MUTUAL LIFE INSURANCE COMPANY
OF NEW YORK
Statement of
38i
SECURITY TRUST AND LIFE INSURANCE COM
PANY PHILADELPHIA PA
Statement of
373
SOUTH GEORGIA FARMERS FIRE INSURANCE
ASSOCIATION
Statement of
466
SOUTHEASTERN MUTUAL FIRE INSURANCE
COMPANY OF MACON GEORGIA
Statement of
473

BHBHBM
IHUHnHI
COMPTROLLERGENERALS REPORT 627
SOUTHERN COOPERATIVE LIVE STOCK INSUR
ANCE COMPANY OF ATHENS GA
Statement of 473
SOUTHERN LIFE AND HEALTH INSURANCE
COMPANY OF GEORGIA
472
Statement of
SOUTHERN LIFE INSURANCE COMPANY OF
GEORGIA
473
Statement of
SOUTHERN LIFE INSURANCE COMPANY OF
NORTH CAROLINA
385
Statement of
SOUTHERN LIVE STOCK INSURANCE COMPANY
OF GEORGIA
468
Statement of
SOUTHERN MUTUAL FIRE INSURANCE COM
PANY OF ATHENS GA
188
Statement of
SOUTHERN MUTUAL LIFE INSURANCE ASSOCI
ATION OF GEORGIA
469
Statement of
SOUTHERN MUTUAL LIVE STOCK ASSOCIATION
OF ELBERTON GA
473
Statement of
SOUTHERN STATES LIFE INSURANCE COMPANY
OF ALABAMA
399
Statement of
H628 COMPTROLLERGENERALS REPORT
STANDARD LIFE AND ACCIDENT INSURANCE
COMPANY OF MICHIGAN
Statement of eg
STATE LIFE INSURANCE COMPANY INDIANAP
OLIS IND
Statement of
394
STATE MUTUAL LIFE ASSURANCE COMPANY
WORCESTER MASS
Statement of
STATE MUTUAL LIFE INSURANCE COMPANY OF
GEORGIA
Statement of o7
ST PAUL FIRE AND MARINE INSURANCE COM
PANY OF ST PAUL MINN
Statement of
SPRINGFIELD FIRE AND MARINE INSURANCE
COMPANY OF SPRINGFIELD MASS
Statement of
1 yO
SUN FIRE INSURANCE COMPANY OF NEW OR
LEANS LA UK
Statement of
199
SUN INSURANCE OFFICE U S BRANCH OF
LONDON ENGLAND
Statement of
196
SUN LIFE ASSURANCE COMPANY OF CANADA
Statement of
SUNLIGHT INSURANCE COMPANY OF GEORGIA
Statement of
471
a
COMPTROLLERGENERALS REPORT 629
T
THAMES AND MERSEY MARINE INSURANCE
COMPANY LTD U S BRANCH OE GREAT
BRITAIN
Statement of 573
TITLE GUARANTEE AND TRUST COMPANY OF
SCRANTON PA
Statement of 575
TRADERS FIRE INSURANCE COMPANY OF CHI
CAGO ILL
Statement of
TRAVELERS INSURANCE COMPANY OF CON
NECTICUT
Statement of 44
TRAVELERS INSURANCE COMPANY OF CON
NECTICUT
Statement of 57
u
UNION ASSURANCE SOCIETY OF LONDON
ENGLAND
205
Statement ot
UNION BENEFIT LIFE ASSOCIATION OF SAVAN
NAH GA
474
Statement of
UNION CENTRAL LIFE INSURANCE COMPANY
OF OHIO
4J4
Statement of630 COMPTROLLERGENERALS REPORT
UNION FIRE INSURANCE COMPANY ATLANTA
GEORGIA
Statement of 47
UNION MUTUAL ASSOCIATION OF GEORGIA
Statement of 47c
UNION MUTUAL LIFE INSURANCE COMPANY
PORTLAND ME
Statement of 4IO
UNITED AMERICAN LIFE INSURANCE COMPANY
OF DELAWARE
Statement of 408
UNITED FIREMENS INSURANCE COMPANY OF
PHILADELPHIA PA
Statement of 207
UNITED LIVE STOCK INSURANCE COMPANY
BAINBRIDGE GA
Statement of 477
UNITED STATES CASUALTY COMPANY OF NEW
YORK
Statement of egj
UNITED STATES FIDELITY AND GUARANTEE
COMPANY OF MARYLAND
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UNITED STATES HEALTH AND ACCIDENT IN
SURANCE COMPANY OF MICHIGAN
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UNITED SURETY COMPANY OF MARYLAND
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VIRGINIA STATE FIRE INSURANCE COMPANY
OF RICHMOND VA
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VOLUNTEER STATE LIFE INSURANCE COM
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WASHINGTON LIFE INSURANCE COMPANY OF
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WESTCHESTER FIRE INSURANCE COMPANY
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WESTERN ASSURANCE COMPANY OF TORON
TO CANADA
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WILLIAMSBURG CITY FIRE INSURANCE COM
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