Report of the Insurance Department of the Comptroller-General's Office for the Year Ending December 31, 1907

THE LIBRARY OF
THE UNIVERSITY OF GEORGIA
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IS
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REPORT
OF THE
Insurance Department
OF THE
ComptrollerGenerals Office
FOR THE
YEAR ENDING DECEMBER 31 1907
ATLANTA OA
THE FRANKLINTURNKR COMPANY
PRINTERS PUBLISHERS BINDERS
1907REPORT
Insurance Department
Atlanta Ga January i 1908
To His Excellency Hoke Smith Governor
Sir In compliance with law I have the honor to submit the
annual report of this department for the year 1907
The insurance department like the other 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 1907 it appears that the Fire Companies received in
premiums 447740790 and paid for losses 237890018 Life
Companies received in premiums 790881760 and paid losses
amounting to 282305500 Assessment Life and Industrial
Companies received in premiums 79751752 and paid for losses
3209457 and Miscellaneous Companies received 745359
and paid claims amounting to 27619355
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 volume
as well as in the premium income over last years figures the pre
miums for 1906 being 1296997012 and for 1907 13929103
61 States revenue from same 13929103
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
beg to refer you to the official report of the insurance departmentIV
COMPTROLLERGENERALS REPORT
The Act of 1887 providing for State supervision of fire life
accident and surety companies both domestic and foreign organ
ized as stock companies has proven efficient and has afforded the
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
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 that 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 mil
lions of dollars it would seem hut reasonable that cooperative or
assessment 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 laboring people of both the white and colored races who can
only afford to carry a little insurance for the benefit of their fami
lies This being true the State should at least give to this classCOMPTROLLERGENERALS REPORT V
cf her citizens such protection as is afforded policyholders in
the companies which are now required to make deposits with
the State Treasurer The extremely loose provisions of our
statute regulating the incorporation of such companies and asso
ciations as well as for granting them licenses have tended to
encourage the organization of a considerable 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
Assembly 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
r
i soThe following Fire Insurance Companies having complied
with the laws of Georgia are authorized to transact business in
the State for the year 1908
Adirondack Fire New York N Y
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 N Y
yEtna Fire Hartford Conn
Athens Mutual Fire Athens Ga
Atlas Assurance Co London 49 Wall Street New York
Atlanta Home Atlanta Ga
Boston Insurance Co Boston Mass
British America 18 Front Street Toronto Canada
Caledonian 27 Pine Street New York
Cherokee Mutual Fire Canton Ga
Citizens Fire St Louis Mo
Commercial Union 58 Williams Street New York
Continental 46 Cedar Street New York
Cosmopolitan Fire New York N Y
Connecticut Fire Hartford Conn
Dixie Fire Greensboro N C
Eagle Fire Insurance Co of New York
Equitable Fire Charleston S C
Fidelity Fire New York N Y
Fire Association of Philadelphia 34 Fifth Street Philadelphia
Pa
Florida Home Marianna Fla
Firemans Fund San Francisco Cal
Firemans Insurance Co Newark N J
Georgia Home Columbus Ga
Georgia Fire Cedartown Ga
Girard Fire Philadelphia Pa
German Alliance New York
GermanAmerican 115 Broadway New Yorkvru
COMPTROLLERGENERALS REPORT
Germania Fire 117 Broadway New York
Glens Falls Fire 149 Glen Street Glens Falls N Y
Globe and Rutgers New York N Y
HamburgBremen U S B 62 Cedar Street New York
Hanover Fire 40 Nassau Street New York
Hartford Fire 53 Trumbull Street Hartford Conn
Home 119 Broadway New York
Insurance Company of North America 232 Walnut Street
Philadelphia Pa
Jefferson Fire Insurance Co Philadelphia Pa
Liverpool and London and Globe of England U S B45 Wil
liams Street New York
Liverpool and London and Globe New York
London Assurance U S B 88 Wall Street New York
London and Lancashire U S B 46 Pine Street New York
Lumber Insurance Co New York N Y
Lumber Mutual Fire Boston Mass
Michigan Commercial Fire Lansing Mich
Mercantile Mutual Fire 10 Weybossett Street Providence
R I
Milwaukee Mechanics Milwaukee
National Fire Hartford Conn
National Union Fire Pittsburgh Pa
Niagara New York
New Hampshire Manchester N H
Norwich Union 67 Wall Street New York
North British and Mercantile U S B 54 Williams Street
New York
Northern Assurance 25 Pine Street New York
North River Insurance Co 84 Williams Street New York
North State Fire Greensboro N C
Orient Insurance Company Hartford Conn
Palatine U S B 21 Nassau Street New York
Pennsylvania Fire 510 Walnut Street Philadelphia Pa
Phcenix Assurance of England U S B 47 Cedar Street
New York
Phoenix of New York 16 Court Street Brooklyn N Y
COMPTROLLERGENERALS REPORT
JX
Phoenix of Connecticut 64 Pearl Street Hartford Conn
Queen of America 49 Cedar Street New York
Rochester German Rochester N Y
Royal Liverpool England Louisville Ky
Royal Exchange 92 Williams Street New York
Scottish Union and National U S B 222 Asylum Street
Hartford Conn
Shawnee Fire Topeka Kan
Southern Fire Lynchburg Va
Southern Mutual Athens Ga
Southern Insurance Company of New Orleans La
Springfield Fire and Marine Springfield Mass
St Paul Fire and Marine St Paul Minn
Sun Insurance Office England 54 Pine Street New York
Sun New Orleans La
Union Assurance Society London U S B 35 ie Street
New York
United States Lloyds New York N Y
United Firemans Insurance Co Philadelphia Pa
Virginia State Richmond Va
Western Assurance 22 Wellington Street Toronto Canada
Westchester Fire 27 and 29 Pine Street New York
Williamsburg City Fire 150 Broadway New York
The following Life Insurance Companies having complied
with the laws of Georgia are authorized to transact business in
the State for the year 1908
American National Life Lynchburg Va
iEtna Life Hartford Conn
American National Life Galveston Texas
Citizens Life Insurance Co Louisville Ky
Columbia National Boston
Connecticut Mutual Life Hartford Conn
Des Momes Life Des Moines Iowa
Equitable Life 120 Broadway New York
Fidelity Mutual Life Philadelphia PaCOMPTROLLERGENERALS REPORT
Franklin Life Springfield 111
Great Western Life Kansas City Mo
Germania Life 20 Nassau Street New York
Greensboro Life Greensboro N C
Guarantee Life Houston Texas
Home Life 256 Broadway New York
Illinois Life Chicago 111
Indiana National Life Indianapolis Ind
Life Insurance Company of Virginia Richmond Va
Louisiana National Life Society New Orleans La
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 and Accident Nashville Tenn
National Life Montpelier Vt
New England Mutual Life Boston
New York Life 346 and 348 Broadway New York
Northwestern Mutual Life corner Broadway and Milwaukee
Streets Milwaukee Wis
Old Colony Life Chicago Ills
Pacific Mutual Life San Francisco Cal
Philadelphia Life Insurance Co Philadelphia
Prudential Life Newark N J
Penn Mutual Life 921 Chestnut Street Philadelphia Pa
Phoenix Mutual Life Hartford Conn
Provident Savings Life 55 Liberty Street New York
Reliance Life Pittsburg Pa
Reserve Loan Life Indianapolis Ind
Rome Industrial Life Rome Ga
COMPTROLLERGENERALS REPORT
xr
Security Life and Annuity Chicago
Security Life and Annuity Greensboro N C
Security Mutual Life Binghamton N Y
State Mutual Life Rome Ga
State Life Indianapolis Ind
State Mutual Life Assurance Co Worcester Mass
Southern Life Insurance Co Fayetteville N C
Southern States Life Montgomery Ala
Southern States Mutual Life Charleston S C
South Atlantic Life Richmond Va
Sun Life Assurance Co Montreal Canada
Travelers Life 56 Prospect Street Hartford Conn
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 Insur
ance Companies having complied with the laws of Georgia are
authorized to transact business in the State for the year 1908
American Insurance Company fire Atlanta Ga
American Assurance Association life Atlanta Ga
Atlanta Mutual Live Stock Insurance Co Atlanta Ga
Atlanta Mutual Insurance Association Atlanta Ga
Bankers Health and Life Macon Ga
Commonwealth Fire Insurance Company Atlanta Ga
Continental Aid Association Atlanta Ga
Cotton Mill Mutual Fire Insurance Company Augusta Ga
Empire Mutual Annuity and Life Insurance Company At
lanta Ga
Farmers Cooperative and Protection Live Stock Swams
boro Ga
Farmers Mutual Fire Dawson Ga
Farmers Cooperative Fire Insurance Company Jackson Ga
Farmers Fire Insurance Company Madison Ga
Farmers Mutual Fire Calhoun GaXII
COMPTROLLERGENERALS REPORT
Fire Insurance Company of Georgia Dallas Ga
Gate City Fire Insurance Company Atlanta Ga
German Mutual Fire Savannah Ga
Georgia Cooperative Fire Savannah Ga
Georgia Live Stock Insurance Company Tifton Ga
Ginners Mutual Insurance Co 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 Ga
Macon Live Stock Insurance Co Macon Ga
Metropolitan Mutual Benefit Association Atlanta Ga
Mutual Fire Indemnity Augusta Ga
Mutual Life Industrial Association Athens Ga
Mutual Fire Insurance Company Cordele Ga
Mutual Live Stock Insurance Company Athens Ga
Mutual Benefit Life Insurance Co Valdosta Ga
New South Mutual Life Atlanta Ga
Mutual Benefit Industrial Life Association Savannah Ga
Pilgrims Health and Life Association Augusta Ga
Provident Life and Accident Chattanooga Tenn
Protective Fire Lithonia Ga
Southern Agricultural Fire Atlanta Ga
Sterling Mutual Life Insurance Co Madison Ga
South Georgia Farmers Insurance Company Thomasville Ga
Southeastern Mutual Fire Insurance Co Macon Ga
Southern Mutual Live Stock Insurance Company Elberton
Ga
Southern Life and Health Insurance Company Atlanta Ga
Sunlight Insurance Company Atlanta Ga
Southern Mutual Life Insurance Association Atlanta Ga
Union Fire Insurance Co Atlanta Ga
Union Mutual Association Atlanta Ga
Union Benefit Association Savannah Ga

COMPTROLLERGENERALS REPORT
XIII
The following miscellaneous companies having complied with
the laws of Georgia are authorized to transact business in the
State for the year 1908
American Assurance Accident Philadelphia Pa
JEtna Indemnity Hartford Conn
American Bank Insurance Co Minneapolis Minn
American Casualty Philadelphia
American Surety New York
American Bonding and Trust Company Baltimore Md
American Credit Indemnity Company New York
Continental Casualty Company Hammond Ind
Empire State Surety Company New York
Employers Indemnity Company Philadelphia
Employers Liability Insurance Association 84 and 85 King
William Street London England and 71 Kilby Street Boston
Mass
Federal Union Surety Indianapolis
Fidelity and Casualty 214 Broadway New York
Federal Casualty Detroit Mich
Fidelity and Deposit Company Baltimore Md
Frankfort Marine Accident and Plate Glass United States
Branch New York
General Accident Association Corporation United States
Branch Philadelphia Pa Perth Scotland
General Accident Association Philadelphia Pa
Great Eastern Casualty 290 Broadway New York
Guarantee of North America 157 St James Street Montreal
Canada
Hartford Steam Boiler 218 Main Street Hartford Conn
Lloyds Plate Glass 68 Williams Street New York
London Guarantee and Accident 139 LeSalle Street Chicago
111
Maryland Casualty Company Baltimore Md
Metropolitan Casualty Company New YorkXIV
COMPTROLLERoENERALS REPORT
Metropolitan Surety Company New York
National Surety Company New York N Y
National Casualty Company Detroit Mich
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 American Life and Accident 300 Walnut Street
Philadelphia Pa
Union Health and Accident Denver Col
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
Woodmens Casualty Company Indianapolis Ind
The following Fraternal Orders having complied with the
laws of Georgia are authorized to transact business in the State
for the year 1908
American Benevolent Association St Louis Mo
American Guild Richmond Va
American Woodmen Denver Col
Benevolent Knights of America Meridian Miss
Catholic Knights of America St Louis Mo
Citizens Mutual Benefit Society Atlanta Ga
Eminent Household of Columbian Woodmen Atlanta Ga
Farmers Mutual Life Protective Association Atlanta Ga
Foresters Toronto Canada
Fraternal Union Denver Col
Fraternal Relief Association Richmond Va
Fraternal Bankers of America St Louis Mo
COMPTROLLERGENERALS REPORT
xv
Fraternal Censor Dayton Ohio
Fraternal Life Association Elberton Ga
Fraternal Mystic Circle Philadelphia Pa
Heptasophs Baltimore Md
Home Friend Athens Ga
Heralds of Liberty Huntsville Ala
Home Protective Association Statesboro Ga
Homesteaders Des Moines la
Knights of Honor St Louis Mo
Knights of Agriculture Washington D C
Knights of Modern Maccabees Port Huron Mich
Ladies of the Maccabees Port Huron Mich
Masons Annuity Atlanta Ga
Masonic Mutual Relief Association Washington D C
Modern Brotherhood of America Mason City Iowa
Modern Workmen of the World Alexandria Va
Modern Protective Association Philadelphia Pa
Modern Woodmen of the World
Mutual Life Industrial Association Athens Ga
National Benevolent Society Kansas City Mo
National Life Annuity Association Atlanta Ga
National Union Life Association Atlanta Ga
North American Union Chicago 111
Old Dominion Protective Association Alexandria Va
Order of Washington Portland Oregon
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
United Benevolent Society Atlanta Ga
United Commercial Travelers Columbus Ohio
United States Protective Society St Louis Mo
United Woodmen Benefit Association Holly SpringsLIST OF
INSURANCE AGENTS
WHO HAVE PAID THE
OCCUPATION TAX FOR THE YEAR 1907
From January 1st to October 1st of said Year
ABBEVILLE VVILCOX COUNTY
Baker A T Lawson Hal
Carries J E
ACWORTH COBB COUNTY
Lemon J L Mitchell Penn
ADAIRSVILLE BARTOW COUNTY
Bishop McCollum Wray J L
Broadnax F E
Braswell S J
Campbell M O
ADRIAN EMANUEL COUNTY
James Mercantile Co James T J
Mallory W A Staten W F
ADEL BERRIEN COUNTY
Sutton J M ebb A A
ALAPAHA WILCOX COUNTY
Dorminy J T Pauk Tiller
ALBANY DOUGHERTY COUNTY
Albany Ins Agency Dejarnette S R Rosenthal M
Barnes Z A Jr Gortatowsky A C Warren R H
Davis J S Green W C Tarver H H
AMERICUS SUMPTER COUNTY
Arthur F B Council J M
Andrews Andrews Davenport Son
Amazon J L Gatewood T F
Allen Lee Hansford L M
Brinson E H Harrold Thos
Bagley D W Jones F B
Council C M Jones Will
Jones F B
McNutty Co
Roney Davenport
Statham B G
Statham B G
Sheffield E D
Wheatley J W Co
COMPTROLLERGENERALS REPORT
APPLING COLUMBIA COUNTY
Winn Ready
ARLINGTON CALHOUN COUNTY
McMillan J G McNeill J O
ALMA APPLING COUNTY
Wheeler E
ALPHARETTA MILTON COUNTY
Rucker Geo D
ASHBURN WORTH COUNTY
XVH
Evans Realty Co Wells A J
McHancock J
Williams W T
LeVert E H
AUSTELL COBB COUNTY
Shelverton C J
ATHENS CLARK COUNTY
Brooks Conway
Brooks Jester
Crau J W
Crane Co
Christian C E
Chasler T
Cohen C W
Conway A T
DuBose R T
Dozier Realty Co
Hull J L
Howell E M
Hudgins F B
Jester J G
Jordan W C
Jaukowes M
Lipscomb Co
Mell E B
Millstead A H
Morton J W
McCrary R H
Newton C H
Nicholson Co
Phinizy B
Peeples W J
Peeples W J
Shepherd J T
AUGUSTA RICHMOND COUNTY
Arnett C O
Armstrong Jas L
A very C B
Avery J J
Allen J B H Co
Anderson N C
Alexander Johnson
Steiner
Allen E C
Avery J J
Barrett H G
Burke Jas A
Bellinger E T Miss
Bates Mack
Butt F M Co
Bean E E
6
Cogburne W S
Castello E J
Cartledge J L
Carswell J F
Cowfman W S
Dana C R
Daniel D H
Deas W D
Doughty L G
Dawson W R
Fishburne C E
Furze W E
Fishburn E
Gray M D
Gresham F T
Hill J S
Johnson D C
Jacobs W J
Kelley J N
Kalbjleisch Co
Lorick H C
Lee J M
Long G W
Lewis Jno C
Mullarky A P H
Mulherin C C
McClintic R C
Mullarky A P H
McMillan J S
Millicamp H C
North H M
Neill J A
XVIII
COMPTROLLERGENERALS REPORT
Barton G B
Byro F W
Blackstone E L
Cohen J J
Crane W H
Cave J H
Cunningham A L
Cabaniss W M
Cartledge J L
Harris C
Harter E S
Heard I T
Hawkins R W
Johnson E L
Jones R E
Jennings W M
Jones T S
Phinizy Co F
Rushin J D
Sherman T H
Timberlake Eve
Wright Miss Annie G
Williams Co M B
Watkins J S
Walker J W
ATLANTA FULTON COUNTY
Adams J H
Anderson N T
Arrington A
Angier C
Armstead J F
Angier Foreman
Atkinson J D
Butt F M
Beattie Geo A
Brisenbine W D
Bryson J W
Brown N B
Burwell B L
Butler C S
Brandon H L
Baggs E M
Bartlett J T
Brown G A
Bolan J W
Bishop Geo W
Bustin F E
Bryson J W
Bushman J E
Bustin F E
Brooks T H
Barber F L
Crossthwait H D
Calkins F C
Conway A M
Coleman F W
Custer W V
Cook C M
Cleveland J B
Comer Geo
Connell E L
Cooney R L
Clark E J
Crawford D
Cowles J S
Cross H L
Collier Akers
Dunlap Edgar
Dean G A
Durant Ed
Dennis H E
Dickey J L
Drake Owens
Donalson C M
Davis J D
Deane W D
Dargan Milton
Ethridge E U
Evans G W
Ellis R C
Flowers J M
Few T V
Martin C D
Mullins A W
Moody C D
McCandless Haines
McGaughey A D
New J W
Northen E A
Patterson Reynolds
Fuld J
Flood S F
Fisher J M
Fetherston W S
Fenchel S
Fox H
Freeman C L
Gilliam L P
Goode G L
Griffin W B
Griffin W H
Glynn P B
Gurwin R J
Harris Co
Harrison C H
Hutchins W G
Herndon M S
Hanson G B
Hagan F W
Haskell W W
Hogan Mrs M E
Hatcher C C
Hatcher Ins Co C C
Hall D H
Hudgins B B
Hillyer L L
Hirsch E H
Hunter J C
Savitz J M
Simmons E L
Schwarnan J F
Stoman J N
Shelhafer A E
Terrell W A
Thornton John R
Tupper S Y
Haas Co
Holland W W
Howell A G
Hoyt Co W R
Hellar W C A
Haas Mclntyre
Ivey J P
Joyner W R
COMPTROLLERGENERALS REPORT
XIX
Jennings J R
Jackson M M
Jackson N F
Johnson N J
Joyner Son W R
Johnson L M
Jester R C
Jones Jno N
Jory H O
Johnson B T
Jones D H
Johnson J M
Johnson L C
Kinimer C M
Kirkpatrick J T Jr
Kriste Sidney
King C H
Kean W H
Lipscomb Co
Lanier G N
Lemond W H
Limmber K L
Manning W E
Moody J T
Morris M C
Marsh F B
Masters J M
Matthews Hill
Manning W E
McCollough J E
Proctor R L
Parker Mrs W L
Parker J H
Palmour Oscar
Poindexter R P
Pierce Maddox
Pierce
Pickett R O
Richie Jno F
Reed Milton
Riley Co G L
Robinson Hugh
Roche R
Robinson A B
Reid Milton
Rheet W H
Ryan G W
Rasher H F
Ramsey M F
Reynolds D W
Savitz J M
Smith S G
Stoney Co C L
Shreve I C
Stokes W C
Stough C P
Stein I A
Smith R L
Stewart A B
Tilley M E
Thompson V C
Trammell J R
Thurmond J S
Terrell C W
Upshaw W F
Veal T E
Vogt S E
Whitner Co John C
Whitehead L O
Waldo A L Co
Wolfe N F
Williams S C
Wilhelm J E
Webb P A
Wadsworth W W
Wood J C
Watkins W W
Wilcox G L
West J G
Wood E R
Wellslarger O M
Williams R H
Wilder A
Wallace T B
Wells H G
Wight Co E L
Whitner Manary Co
Zachry W H
BACONTON MITCHELL COUNTY
Bacon R J
BAINBRIDGE DECATUR COUNTY
Baggs Deal
Crimm O H
Perry E J
Blount Roy
Cook E L
Elder Edward
Harrell Jones
Graham F R
Thornton A E
Wimberly E A
McLendon J T
BARNESVILLE PIKE COUNTY
Humphrey C H Murphey Son E S
McCrary J A
Thurmond J P
Murphy T S
Nolan Geo E
BARTOW JEFFERSON COUNTY
Franks A W Smith H E
Smith T Y Whigham Geo PXX
COMPTROLLERGENERALS REPORT

Newton H C
Baxter N L
Darling E L
Clark H H
James D W
Jones F S
BAYLEY APPLING COUNTY
Parker C H Jackson E F
BLACKSHEAR PIERCE COUNTY
Brantley Pomeroy Darling E L
Strickland A J
BLAKELY EARLY COUNTY
n
McDonald W O
rarr M L
Ray W D
Vinson J W
BLUE RIDGE FANNIN COUNTY
McKinney Co T S Payne J B
BOMAN ELBERT COUNTY
Teasley E C Teasley O L
BOWERSVILLE HART COUNTY
Verner S A
BOYKIN MILLER COUNTY
Nowell T C
BISHOP OCONEE COUNTY
Poulain H C Frambrough S D
BOUSVILLE McDUFFIE COUNTY
j Walker S A
BROOKLET BULLOCH COUNTY
Lewis Paul B
Brantley W Z
Brooks Wilson
Campbell J C
BOSTON THOMAS COUNTY
Brantley Felton Stunaland M M
Jones Home
BROXTON COFFEE COUNTY
Reynolds C F Shepherd C O
BUCHANAN HARALSON COUNTY
McColman H S
BUFORD GWINNETT COUNTY
Hardman L A Pattillo L P Shadburn W B
Drane W E
Stokes Low
Brown M L
Abrams J B
Butts E C
Boyd Co
COMPTROLLERGENERALS REPORT
BUENA VISTA MARION COUNTY
Stokes R H Hogg Wooten
BUTLER TAYLOR COUNTY
Peagler H J
BREMEN HARALSON COUNTY
Mangham J J
BRUNSWICK GLYNN COUNTY
Cornelius J K
Gale H W
Gale H W
Jackson R G
Fleming P W
Wright J S
BROWNWOOD TERRELL COUNTY
Price C H
BUCHHEAD MORGAN COUNTY
House C C
BRYAN HOUSTON COUNTY
XXI
David Byrd
Garlington E
CALHOUN GORDON COUNTY
Gordon J B Hopper T A
CAMILLA MITCHELL COUNTY
Acree T A Boggs G B Greene J L
CANTON CHEROKEE COUNTY
Perry B F Perry B F
CANON FRANKLIN COUNTY
Bond J C
CARLTON MADISON COUNTY
Barnes D T Broach Bros Smith Stephens
CARNESVILLE FRANKLIN COUNTY
Lenhardt Carmi Landrum P D McConnell L J
chaelXXII
COMPTROLLERGENERALS REPORT
Eberhart R T
Field W H
CARTERSVILLE BARTOW COUNTY
Norris J T Strickland E Jr
Nolan Geo E
CAIRO THOMAS COUNTY
Funderburk J S Wight Brannon Oliver D F
Davis Walter
CARROLLTON CARROLL COUNTY
Adamson J R Buldingfield A W Rambo S S
Brodnax E B Hood Bass Snead A S
Boykin S J Hodnett W C
CAVE SPRING FLOYD COUNTY
Pettis S W
CEDARTOWN POLK COUNTY
Harris W J Co Pitts R O
Ottley Birbeek Knight F B
Adamson J W
Benton E C
Barber J R
Hogan J H 1906 and
1907
CHIPLEY HARRIS COUNTY
Wisdom Tom
CLAYTON TATTNALL COUNTY
Duckett Co T A Edwards Stubbs Tippins R P
Glisson Co S E
COLLINS TATTNALL COUNTY
Broughton Mrs M P Langfuel E
COCHRAN PULASKI COUNTY
Peacock Z V Walker J A Wynn W M
CONYERS ROCKDALE COUNTY
Gailey Bros OKelley T D
AlmandW V
Eakes W J
Hicks J H
McMillan Robt
CLARKESVILLE HABERSHAM COUNTY
Moore Bros Sutton I HCOMPTROLLERGENERALS REPORT
XXIII
COLUMBUS MUSCOGEE COUNTY
Adams J C
Bryant W E S
Blackmar A O
Blankenship E L
Blackmon J W
Biggers L J
Bird W J
Cohen J W
Chappel L H
Carter J G
Clark G C
Cates J W
Coart J C
Dixon C E
Davis J F
Darby J T
Dimon L S
Davis S J
Bivins J W
Campbell H W
Cawley D L
Campbell H W
Enlowe J N
Emrich William
Edge C J
Harris Pope
Harris Co B H
Hunter H H
Huff Co J B
Hill J B
Jacobs W T
Langdon P C
Lott W L
Latham S Z
Medley C R
Medley C R
McKenzie W W
Martin C A
Morgan J F
Morton M
Moon Clapp
Newman Flournoy
Pecot Geo S
Price W F
Palmour G C
Smawe W H
Stone M J
Slade Swift
Tyson J M
Woodruff J W
Wilcox Co D F
Weekly E G
Williams C W
Williams Geo R
Wordsworth W W
Wright A R
Woolfolk C M
Willcox Co D F
CORDELE CRISP COUNTY
Cawley D L
Cawley D L
Cobb Bros
Harris Ballinger
Hughes J P
Hoffman J B
Kilgore Middle
brooks
CORNELIA HABERSHAM COUNTY
Irwin Co
COVINGTON NEWTON COUNTY
Corley J J
Guyson R C
Henson H T
Lester Lester
Lee R
McGath
Simons A B
CRAWFORD OGLETHORPE COUNTY
Bray J L Epps O N Rowland J N
COLQUITT MILLER COUNTY
Roberts B B
CRAWFORDVILLE TALIAFERRO COUNTY
Beazley J A
McCord L P
Griffith Rhodes Stone C HXXIV
COMPTROLLERGENERALS REPORT
CUTHBERT RANDOLPH COUNTY
Perry T J
Standford Hansell McDonald Geo
Grantham J L McPherson Co
COMMERCE JACKSON COUNTY
Carson J M Sr Love T C Goodwin Chas A
CULLODEN MONROE COUNTY
Holmes R H Winn E S
COMER MADISON COUNTY
Brakefield Brown Whitehead G W
CUMMING FORSYTH COUNTY
Allen S H
DALTON WHITFIELD COUNTY
Harper O T Thomas J D Lupo A M
Pruden Son W H
Cooper T S
Griffin T R
DALLAS PAULDING COUNTY
Clarke P F Leonard R D
DAHLONEGA LUMPKIN COUNTY
Gurley H D
DARIEN McINTOSH COUNTY
Kennan Spalding Long H T Smith J C
DAVISBORO WASHINGTON COUNTY
Aldred Aldred Davisboro Insurance Hollis H S
Agency
DAWSON TERRELL COUNTY
Baldwin Harper Hill S C
Gurr W H Saville R L
Parks Bell
Worthy K S
Worthy K S
DEWEY ROSE ELBERT COUNTY
Dewey J W

COMPTROLLERGENERALS REPORT
DEXTER LAURENS COUNTY
King H I
DECATUR DeKALB COUNTY
n w Pattillo E M
Price Geo W
DEMOREST HABERSHAM COUNTY
Pitts F M
DOERUN COLQUITT COUNTY
Aver W G Landon C D Strange C R
Dowling Morrow Smith W N
XXV
Benton Otho
Griffin JDuVal
Stevens W V
DONALSON DECATUR COUNTY
Benton Otho
DOUGLAS COFFEE COUNTY
Tanner Tanner Ingalls J O
Townsend J L
DOUGLASVILLE DOUGLAS COUNTY
Duncan J R Watson W P
DULUTH GWINNETT COUNTY
Wilson D W
DUBLIN LAURENS COUNTY
Blackshear E J New E L Lord S J
Blackshear E J Roberson F H Wa ton P
Green A N Roberson F H Wolf A M
Nobles D P Russell B S
EASTMAN DODGE COUNTY
Cobb Co W P McDowell G J Pharr Co L
Calhoun Son B R Millnef J H Murrell C B
Dexter M G
Ellis J R
Blunt Geo S
Allen J C
Adams Co
Adams G W
Brown Geo Y
Murrill C B
Newman Neese
Rankin G A
EAST POINT FULTON COUNTY
Thompson R F
EATONTON PUTNAM COUNTY
Dennis Co M B Holt B J
Little Insurance Agen Leonard H L
cy W C Adams Geo Wxxvi COMPTROLLERGENERALS REPORT
EDISON CALHOUN COUNTY
Hammock H
ELLAVILLE SCHLEY COUNTY
Stewart L G
ELBERTON ELBERT COUNTY
Auld W N Hav 7 r
ELKO HOUSTON COUNTY
Means W E
ELLIJAY GILMER COUNTY
Holden B S
EMMADEL
Warren M A
FAIRBURN CAMPBELL COUNTY
McCurry H AlVCliirp T vr
uciure J H Roberts W T
FAYETTEVILLE FAYETTE COUNTY
SSD RCHaD Thornton S
Griffin I M
Harris J H
Mosher Co B C
FITZGERALD BEN HILL COUNTY
Paulk Whitney Turner J E
Ketchum R P
Seann Co J B
Ricker Wise
OQuinn J H
FOLKSTON CHARLTON COUNTY
FLEMINGTON LIBERTY COUNTY
Martin C J
FLOWERY BRANCH HALL COUNTY
Millikan C B
FLOVILLA BUTTS COUNTY
AlIen R L n T m
Gibson J TCOMPTROLLERGENERALS REPORT
XXVII
FORSYTH MONROE COUNTY
Amos Co C H Middlebrooks P G Wilder H F
FORT GAINES CLAY COUNTY
Best R W
Peterson R E
Heard Co
McAllister R C Lewis E E
McLendon King
Castello
FORT VALLEY HOUSTON COUNTY
Emett J A
Ft Valley Realty Co Skellie A D
Skellie P H
GAINESVILLE HALL COUNTY
Ham W C
Martin T J
Myerson A
Palmour B T
Sawyer D L
Ham W C
Sanders Smith
McKinney W E
Kimbrough E E
Welchel B H
Sawyer D L
GLENWOOD TATTNALL COUNTY
Baugham B H Ftrel W J
GRAY JONES COUNTY
Green M L
Ford J W
Brown Comer
GRAYSON GWINNETT COUNTY
Ford J W Shiver IM
GARFIELD EMANUEL COUNTY
Walsh R J
GEORGETOWN GWINNETT COUNTY
Ellis J R
Brannon R F
Banks N O
GOUGH BURKE COUNTY
Robinson Thos E
GRANTVILLE COWETA COUNTY
Sewell Colley Tilley A A
GREENSBORO GREENE COUNTY
Copeland E A Merritt P F Ray H A
Foster Miss Julia M McWorter CoD D Reid F C
Jackson W R Jr Mitchell H F Weaver Reidxxvni COMPTROLLERGENERALS REPORT
GREENVILLE MERIWETHER COUNTY
Pinkston W L
Pirkle P M
Phillips D O
Hardaway W J
Hill H W Jr
GRAYMONT EMANUEL COUNTY
Durden Fair
GRIFFIN SPALDING COUNTY
Beck W H Flynt D M
Drake Co R H Golden M E
Drake R H refund Gray Y S
ed Hipp O D
Durden A L Hipp O D
Murry A S
Nelson J L
Nichols J P
Rhea J G
Smith J H
Lowe M C
Moore J L
Aiken Jno S
GROVETOWN COLUMBIA COUNTY
Phinizy Co F
GUYTON EFFINGHAM COUNTY
Roberts W O
HAMPTON HENRY COUNTY
Norris J O Sears F C
HAMILTON HARRIS COUNTY
Iverson R C
HARLEM COLUMBIA COUNTY
Dooly Wm
HARTWELL HART COUNTY
Alfred Thornton Hodges Co Stephens J R
Blackmon A B Matthewson Thorn Kidd Meredith
Craft J G ton
HAZLEHURST APPLING COUNTY
Moore H G
HAGAN TATTNALL COUNTY
Godbee L D
HAWKINSVILLE PULASKI COUNTY
Askew J F
Anthony Jesse
Bell W B
Kozcman F H
Caldwell J H
Dillard W T
Ragan T B
Kendrick M A
Whitfield J JCOMPTROLLERGENERALS REPORT
XXIX
Hines R C
Coleman E W
HAINESVILLE LIBERTY COUNTY
Frazier D
HADDOCK JONES COUNTY
Turner T R
HILLSBORO JASPER COUNTY
Garland J T
HELENA TELFAIR COUNTY
McCrory J B
HOMERVILLE CLINCH COUNTY
Townsend S C
HOSCHTON JACKSON COUNTY
Wilson B F
HOGANSVILLE TROUP COUNTY
Mobley H H Sewell M B
HIRAM PAULDING COUNTY
Tappan M H
IRON CITY DECATUR COUNTY
Lee W S
JACKSON BUTTS COUNTY
Carmichael Geo C Eckeridge Co FS Knard S B
Collier B A Mallette Nutt Wood J W
Bailey B P
Davis S A
Aikenson T P
Clary Jos H
Conyers W
JEFFERSON JACKSON COUNTY
Brison Appleby Mobley H F
JERSEY WALTON COUNTY
McGarity J L
JESUP WAYNE COUNTY
Highsmith J S Littlefield O F
Price D S
JEWELLS HANCOCK COUNTY
Bowen Jewelry CoXXX
COMPTROLLERGENERALS REPORT
JONESBORO CLAYTON COUNTY
Blalock A C Hamrick Eva Mundy Co J W
LaFAYETTE WALKER COUNTY
Park M A Shattuck J R
LaGRANGE TROUP COUNTY
Glanton H D Smith A M Ferrell F C
Greer A
Hutchinson P H
Jones E A
Longley F P
Strange J B Wisdom W W
Seay Harwell Willis R J Sr
General Insurance Seay Harwell
Agency
LAVONIA FRANKLIN COUNTY
Allison T F
Dortch J R
Poole R T
Sewell H T
Ray C P
Vandion S E
LAWRENCEVILLE GWINNETT COUNTY
Brand L M Flanigan J C Jacobs J M
Brown F G
Hall D D
LEESBURG LEE COUNTY
Powell S J
LEXINGTON OGLETHORPE COUNTY
Barron G A Pitts D H
LITHONIA DeKALB COUNTY
Coffey A B Phillips D T Pendley C L
LOCUST GROVE WALTON COUNTY
Brown Co J W
LOAN OAK MERIWETHER COUNTY
Culpepper H L
LOGANSVILLE WALTON COUNTY
Hodges J B Kilgore C M Shellnut E F
LOUISVILLE JEFFERSON COUNTY
Abbott W Neal J T Jr Rowe W G S
Farmer L R Phillips Phillips
LULA HALL COUNTY
Whitworth E FArd S M
Burtz J D
COMPTROLLERGENERALS REPORT
LUMPKIN STEWART COUNTY
Hickey E T Richardson J B
Mardre W L
XXXI
LUTHERVILLE MERIWETHER COUNTY
Justice Jno E Lasseter Mall
LEARY CALHOUN COUNTY
Ball A V
LYERLY CHATTOOGA COUNTY
Doster J W
LYONS TATTNALL COUNTY
China W T Minter W R
MACON BIBB COUNTY
Anderson L
Andrews R I
Adams H H
Allen R J
Burnside J W
Barnes J O
Bishop B F
Babb J F
Brodnax F B
Babb C
Copeland L L
Cobb Mallory Cone
Clarke A
Camp S A
Cone Jno F
dimming A M
Coates F B
Clement K B
Cooper S C
Chisney A C
Concke W H
Cabaniss Willingham
Dunwoody J
Donaly W A
Findley R E
Gamble C J
Gamble C J
Glander A
Griffith Son W D
Head W B
Hatcher Geo E
Hurtz Co
Home H
Harris Morris
Hatcher G E
Holland E H
Home E
Hoge S C
Hunt J R
Jessup J
Jordan R G
Jewell Geo B
Jordan R G
Kilpatrick W C
Liggett A M
Lawton F D
Mercer J F
Minton Christian
Madden J M
McDowell G J
Murphy Taylor
Mills J B
McClure C D
Murphy Son T E
Norris W M
Nobles D P
Paul J L
Perkins J O
Rossman W H
Roy B H
Seals T A
Stacy B E
Sorrell W J
Seay B H
Soloman W W
Smith C N
Soloman W G Jr
Tinsley A R
Turner J L
Turpin Sons Geo B
Traywick J W
Wright W O
West F B
Wise Co B A
Yates P PXXXII
COMPTROLLERGENERALS REPORT
MADISON MORGAN COUNTY
Butler E W
Baldwin T
Foster Foster
Furlow C M
Godfrey J E
Jacks D B
Furlow C M
Lewis Chas A
Shaw H T
Saunders A
Middlebrooks P
Lewis Chas A
Thomson Furlow
Thomason R U
Thomason Douglas
Whitford Q S
MANSFIELD NEWTON COUNTY
McGarity Jos S
Ford B N Purkes L H
Henderson J W
Atkins T E
Ellison C B
MAXEYS OGLETHORPE COUNTY
Brightwell G R
MAYSVILLE JACKSON COUNTY
McCurdy C W Smith J W
Anderson J T
Coryell H G
MARIETTA COBB COUNTY
Daniel J J
Groves Jas H
Green E R
Sessions Geo H
Murph Austin
Sperry C A
MARSHALVILLE MACON COUNTY
Rice W H Taylor H W
McDONOUGH HENRY COUNTY
Baum A F
Davis J D
Dixon J B
Lowe M C
McRae Co M L
Cook Yates
Lowe M C
Carthy G N
Neil Copeland
Stewart A M
Thrasher G L
Turner H G
Weems J T
Weems J T
McRAE TELFAIR COUNTY
Callahan Prince Ryalls E C
MILLEDGEVILLE BALDWIN COUNTY
Alford R S Conn O M
Andrews C H Son Cook Thos F
Bell M S Carrington C B
Bland M H C S
Hall L C
Hall Frank A
McCraw M A

COMPTROLLERGENERALS REPORT
MILLEN JENKINS COUNTY
Anderson A S Berrien R N Sandifer M N
Citizens Fire Insurance Parker DeLoach
Agency
METTA BULLOCH COUNTY
Kirkland J G Sewell A H
MIDVILLE BURKE COUNTY
Drew W D Drew J D
MILWOOD WARE COUNTY
Bagley W F
MILAN TELFATR COUNTY
Chambers R C
MILLTOWN BERRIEN COUNTY
Bargeson N W
MOLENA PIKE COUNTY
Dunn E J Travis L T Jordan W M
MOUNT VERNON MONTGOMERY COUNTY
Peterson W A
MOUNT ZION CARROLL COUNTY
Connell E L
MONROE WALTON COUNTY
XXXIII
Aycock J C
Brodnax J C
Galloway T J
Lewis Geo A Mobley A B
Newell Co F F Walker Cliff
MONTICELLO JASPER COUNTY
Benton T O Harvey Kelly Bur McDowell W R
Ezell C T ney
Gilmore Joe Hill H C
Wellington C E
Wellington C E
Drewry W N
Dickerson T
Dickerson T
Hill Yancey
MONTEZUMA MACON COUNTY
Felton O C Turner Claude
Gallaher Grocery Co McKenzie Sons
Lewis Jno F Son J Ww
XXXIV
COMPTROLLERGENERALS REPORT
MOULTRIE COLQUITT COUNTY
Baxton A B Edwards L Parker T H
Bivins T J Howell J E
Clark Monk Ansley Maddox T W
Truluck L R
Duren G L
MORGAN CALHOUN COUNTY
Elder D I
MEIGS THOMAS COUNTY
Wilkes W C
NASHVILLE BERRIEX COUNTY
Lovette Mitchell Powell J W E Peeples Sons R A
NEWTON BAKER COUNTY
Baggs W C C Baggs C C
NEWNAN COWETA COUNTY
Atkinson Mrs W Y Hill L C Kinard W C
Bryant F M Herring J R Walton E L
Cole J A Mann L B Wilkinson T J
Fisher Son H C
NEWBORN NEWTON COUNTY
Duke L P Porter J C F R
NORWOOD WARREN COUNTY
Norman Neal Neal R R
NORMAN PARK COLQUITT COUNTY
Edwards Louis
NORCROSS GWINNETT COUNTY
Chamblee J T McDaniel C A
NELSON PICKENS COUNTY
Atherton G M Thomison L A
OGLETHORPE MACON COUNTY
Shealy M L
Nelson Joe W Perry A H
Nelson J P
OLIVER SCREVEN COUNTY
Marsh H Wyatt A H
COMPTROLLERGENERALS REPORT
XXXV
Bryson R M
Henderson D J
OCILLA IRWIN COUNTY
Henderson Real Estate Martin C H
Company Walker J J
Drake W N
Everett S T
OCHLOCHNEE THOMAS COUNTY
T i u Johnson W
Johnson Wm
PALMETTO CAMPBELL COUNTY
Smth F R Steed R H
PEMBROKE BRYAN COUNTY
Harvey M W
PENFIELD GREENE COUNTY
Colclough J H
PENDERGRASS JACKSON COUNTY
Rutherford J O
PELHAM MITCHELL COUNTY
Minton J M Twitty W C
Pelham Ins Agency
POULAN WORTH COUNTY
Morgan Co
PJTTS WILCOX COUNTY
Anthony J R
POWDER SPRINGS COBB COUNTY
McLendon J H
PINEHURST DOOLY COUNTY
Wilson Co A M
PLAINS SUMTER COUNTY
Thomas W L
PERRY HOUSTON COUNTY
Cooper C F Martin J D Jr Townsley L S
Cater L tXXXVI
COMPTROLLERGENERALS REPORT
Brannan J M
Bautn M
Bane W H
Brooks J B
PAVO THOMAS COUNTY
Ford Roberts
QUITMAN BROOKS COUNTY
Brooks J B
Geiger S D
Groover Co
Jelks O K
Tidwell N T
Young H L
RE1DVILLE TATTNALL COUNTY
Rodgers W M Williams J O Williams Jno
REYNOLDS TAYLOR COUNTY
Hinton R A
RICHLAND STEWART COUNTY
Layfield J C
Dixon R T R J French Humber
Coffin S K
ROBERTA CRAWFORD COUNTY
DentJ L Matthews S J
RINGGOLD CATOOSA COUNTY
Martin A F Jr Osborne J C
ROSWELL COBB COUNTY
Stribling S G
ROCHELLE WILCOX COUNTY
Rodgers J H
ROCKYFORD SCREVEN COUNTY
Parker Burke
ROCKINGHAM APPLING COUNTY
Johnson E D
ROCKMART POLK COUNTY
Harris W A Knight F B
Sasser H B
King Jno T
Beasley R R
Buell Stark
ROSSVILLE WALKER COUNTY
Head Co Groover Grady Moyses Sol
Johnson W H Faxon R S McGhee Hoskins
Ferger Bro J T
Bond B L
Lee J F
COMPTROLLERGENERALS REPORT xxxvii
ROYSTON FRANKLIN COUNTY
McConnell L J McConnell O J
ROME FLOYD COUNTY
Cothran Co
Carpenter C
Dodd M E
Govan M E
Griffin F W
Goetchius Capertown
Graves R W Co Smith N N
Harvey E P King Co C W
Freeman D N Wallace J L
Ledbetter W T Wallace J L
Smith N N Yancey Son H
RUTLEDGE MORGAN COUNTY
Farrell C D Stovall P R Wallace W P
SAVANNAH CHATHAM COUNTY
Abel M T
Andrews J B
Arline T J
Alexander W M
Altland P A
Brady W R
Beasley E L
Barau G S
Brooks J F
Burroughs S C
Birnbaum D G
Brinkley J S
Blake A J
Berry O B
Chitty J G
Carswell Pendergast
Coney Co W A
Davis Moses
Dearing W D
Doyle L T
Davant R J
Daniel H C
DeLettre G O
Edwardy F W
Fulk D B
Furlong W F
Foster H T
Fletcher Ed
Fain A L
Garfunkle A J
Grizzard G S
Gillespie N J
Garfunkle C
Gandry H E
Greene J P
Grady E J
Gordon Co W W
Hull R H
Hopkins W T
Harmand A C
Haines B D
Herman E M
Hughes W Q
Harrison WG RC
Haines Geo S
Hancock C N
Haum Geo W
Hunt H G
Inglesby Chas
Jones J M
Kolshoen Fred
Kennedy J W
Lee R E
Long O D
Moore Chas E
Monroe R C
Masters J E
Mendel Co C
OConner
Pooser D S
Purse T S
Reaves W A
Rogers S H
Rowland Rowland
Roney C B
Schulhafer Ins Agency
Schley Julian
Saffold T P Jr
Shulhafer Adolph
Saffold T P
Stark C M
Seiler Harty
Stoddard E S
Schuls W
Train Mukle
Taylor W S
Tyson W S
Wilson Co W L
Wilson W L
Wiley W J
Warrick R J
Welkowski G
Young L GXXVIII
COMPTROLLERGENERALS REPORT
SANDERSVILLE WASHINGTON COUNTY
Sandersville Insurance Sparks T H Irwin Jeff A
Agency Johnson J E Mayo G W
Cooley C B Robison S B Johnson J E
Holt Brown Sandersville Insurance Worthen Geo W
Johnson J E Agency Wood Sparks W
SENOIA COWETA COUNTY
Arnoll Hutchinson Hand Vindex McKnight J H
Estes W J MlCCrory Redwine
SHARON TELFAIR COUNTY
Kendrick Wright
SILVANIA GREENE COUNTY
Mitchell H P
Bryan Will
Arthur T R
Brim S A
SHELLMAN RANDOLPH COUNTY
Crittenden H O Sears P C
SUWANEE GWINNETT COUNTY
Brogden J B
SMITHVILLE LEE COUNTY
McLain J C
SASSER TERRELL COUNTY
Hill B H
SOCIAL CIRCLE WALTON COUNTY
Newton J L Mobley M L Smith B G
SAINT MARYS CAMDEN COUNTY
Williams E J
SPARKS BERRTEN COUNTY
Hall H J
SPRING PLACE MURRAY COUNTY
Wright Thos A
SPARTA HANCOCK COUNTY
Burnett J D
Dugan M L
Bennett Julian
Pattillo L H
Walker John D
Walker John D
COMPTROLLERGENERALS REPORT xxxix
SEVILLE WILCOX COUNTY
Hardy J H
STATESBORO BULLOCH COUNTY
Lee James B Matthews J L
STOCKBRIDGE HENRY COUNTY
Fortson L G
STILESBORO BARTOW COUNTY
Bland G Groover S C Matthews J L
Brannen J E Holland Braswell Kirklighter C W
Grimes F N Lorries Brannon Womack R H
STILLMORE EMANUEL COUNTY
Johnston W W Heats A G
SPREAD JEFFERSON COUNTY
Neal J T Jr
SUMMERVILLE CHATTOOGA COUNTY
Bitting N K Harper J G Ledbetter W L
Harper J G Jolley J F
SWAINSBORO EMANUEL COUNTY
Fletcher J C Williams S G Wilson P W
Proctor W H
SYLVANIA SCREVEN COUNTY
Hobby Will Lovett A B Marsh O H
SYLVESTER WORTH COUNTY
Dees Lee Hilton L H Polhill Foy
Hay C E Leasley M A Pinson Holmes
Howard H L Tipton J H
STATHAM JACKSON COUNTY
Fite W M Rylee H M Rylee E S
SASSER WAYNE COUNTY
TALLAPOOSA HARALSON COUNTY
Howe Co A V Howe Co A V Rambo S S
XL
Smith L W
COMPTROLLERGENERALS REPORT
TALBOTTON TALBOT COUNTY
Smith L W
TOOMBSBORO WILKINSON COUNTY
Daniel G C Hunnicutt W E
THOMASVILLE THOMAS COUNTY
Awtry P S Mallett E M Robinson A G
Mallett E M
Bennett Adolph Tumlin J C
Culpepper J T Neil Bros
Hansell Merrill Mallett E M
Parker Son Jno F
Montgomery J S
Reese W M
THOMASTON UPSON COUNTY
Atwater J R
Baldwin Jno S
Allen Jno T
Chatfield R E
Davis Griffin
Johnston W S
Pasley C L C M
Matthews Thos M
THOMSON McDUFFIE COUNTY
Bowden Shields
Curtis Morris
Hardaway W W
Hunt C F
McLain A L
Stainback D C
TEMPLE CARROLL COUNTY
Candler W B
Cobb W M
TENNILLE WASHINGTON COUNTY
Marsh Co Lord Iverson Tyler J G
Fricks A L
Womack B S
Morrow Pate
Pierce J H
TOCCOA HABERSHAM COUNTY
Mize C L Fricks A L
TIFTON BERRIEN COUNTY
Tifton Loan InsurParker H E
ance Co Taylor C H
TURIN COWETA COUNTY
Moses Starr Starr J M
UNION POINT GREENE COUNTY
Daniel Bryan
UNADILLA WORTH COUNTY
Bridges Jack Hamrick J H Kemp S S
Blankenship A W Mullins Chas
COMPTROLLERGENERALS REPORT
VILLA RICA CARROLL COUNTY
Candler Son W BHenderson T V Pope Henry
VIDALIA TOOMBS COUNTY
Peeples Sons R A Schumpert J E
U
Bush J L
VIENNA DOOLY COUNTY
Jordan Co A E Rushin M E
VALDOSTA LOWNDES COUNTY
Blalock J T Goodwin W A Passmore A F
Candish W D Jr Blitch Richardson Taylor G
Culpepper Jones Peeples W G Peeples W G
Coley Small Smith W A
WARRENTON WARREN COUNTY
Battle J H
Pierce G P
WASHINGTON WILKES COUNTY
Barksdale R O Fitzpatrick J M Nelson J T
Barksdale T J Lowe R E Quinn H R Son
Dyson J R Nelson J F Turner J R
Ficklen B
WARTHEN WASHINGTON COUNTY
Askew W S
WADLEY JEFFERSON COUNTY
Cochran Bethea Outlaw J M Reeves F M
WATKINSVILLE OCONEE COUNTY
Abercrombie H
WAYCROSS WARE COUNTY
Bowen G H Lott Peabody Sharp W W
Dean Burnett Newsome N J Sharpe W W Jr
Harris E T Purcell J C Stanton V L
Harvard W C Son Purcell J C Strickland J
WAYNESBORO BURKE COUNTY
Blount Rowland Fulcher W M Templeton R A Co
Cohen L Fulcher W M Co
dXLII
COMPTROLLERGENERALS REPORT
Baker W S
Jacobs J
Jacobs J A
Mills T J
WEST POINT TROUP COUNTY
Jackson N O Lanier P
Jennings R W Nichols W H
WHIGHAM GRADY COUNTY
Parker V S
WINDERJACKSON COUNTY
Bondurant F W Kilgpre G H Patterson R S
Gregory Graham Radford L S Quartermann Toole
House L A Matthews W B Snider L C
Kilgore Radford
WOODBURY MERIWETHER COUNTY
Baker B T Powers Williams Reid C S
WOODSTOCK CHEROKEE COUNTY
Lattimer T E Miller I H
Averett E T
WRENS JEFFERSON COUNTY
Stone J A
WINTERVILLE OGLETHORPE COUNTY
4 Pittard H F
WRIGHTSVILLE JACKSON COUNTY
Carter J V Mason J M Kent R L
Tompkins Johnson
YATESVILLE UPSON COUNTY
McNiece E
Hale Anderson
Guyer C R
Adams C M
Brown M B
Bardwell R N R
Bartow H T
Bagley Willet
Bishop Morefield
Coggins J J
ZERULON PIKE COUNTY
McLendon J E Mobley A
STATE AGENTS
Cofield Craig Daniel T TT
Cabaniss H A Dodd Fair
Cameron Co J SDouglas Paton
Coy Meadow Finner H S
Cunningham Co W Gentry O A
W Harty Apple
Dreman W A Hope Co Geo WCOMPTROLLERGENERALS REPORT
XLIII
Hatch McGaughey
Hawkins W E
Hatch McGaughey
Haas SonHowellA
Heimbaugh G W
Lambkin Torrens
Lester E C
Kimball W R
Moody C D
McAfee H M
Mills Geo W
McCord M J
McQueen N
Middleton J
McGheehee Jr
Northen Chas S
Newell Bros A C
Nutting Co J R
Oberdorfer Eugene
Phillips C W
Price E C
Pickett Jno D
Paschall E E
Papham J W
Rhodes P A
Rinker Walter A
Riley Co J L
4000
Reynolds G B
Sill R A
Steiner Burr
Stewart Jno A
Stewart Davis
Skinner J M
Thomason A R
White W Woods
Wolford Geo L
Woodruff F L
Young M B
One State Agent American Bank
One Local Agent American Bank16
COMPTROLLERGENERALS REPORT
ADIRONDACK FIRE INSURANCE COMPANY OF NEW YORK
G A Mitchell President R H McKelvey Secretary
H P Marsh Atlanta Attorney for Service in Georgia
lCAP1TAI
I Whole amount of capital stock
2 Amount paid up in cash 200000 00
IIASSETS
9 Total par and market value of stocks and bonds owned
absolutely by the company carried out at market
value
12 Cash in companys principal office 7009 17
13 Cash belonging to the company deposit
ed in bank 36416 07
Total cash items
IS Interest due and accrued on bonds not included in
mission
market value uncollected
17 Cash in hands of agents and in course of trans
All other assets both real and personal r
Total assets of company actual cash market
value
200000 00
304000 00
43425 24
71984 98
1812 53
71984 98
375984 98
IIIUABIUTIKS
2 Gross losses in process of adjustment
or in suspense including all reported
and supposed losses 462628
5 Deduct reinsurance thereon 1540
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 12923014
unearned premiums fifty per cent 64615 07
8 Gross premiums without any deductions re
ceived and receivable upon all unexpired
fire risks running more than one year from
date of policy unearned premiums pro
rata 524 47
11 Total unearned premiums as computed above car
ried out
4610 88
65139 54
COMPTROLLERGENERALS REPORT
17
20 Total amount of liabilities except capital stock and
net surplus
21 Joint stock capital 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 Bisks
4 Gross premiums on risks written and
renewed during the year 168367 14
6 Deduct premiums and bills in course of
collection at this date 26747 21
7 Entire premiums collected during the
year
8 Deduct reinsurance and return pre
miums
141619 93
44197 11
9 Net cash actually received for premiums carried
out
11 Received for interests and dividends on stock and
bonds collateral loans and from all other sources
12 Income received from all sources omitting increase
if any in value of securities viz discounts on losses
paid
69750 42
200000 00
106234 56
375984 98
15 Aggregate amount of income actually received during
the year in cash
VEXPENDITURES DURING THE YEAR
Fire RisVs
1 Gross amount actually paid for losses 20687 19
2 Deduct all amounts actually received
for reinsurance in other companies 192946
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 Organiza
tion expenses
Aggregate amount of actual expenditures during
the year in cash
97422 82
6020 06
99 60
103541 94
i8757 73
7264 17
25619 34
1188 27
679 65
53509 16
2 in18
COMPTROLLERGENERALS REPORT
ETNA INSURANCE COMPANY OF CONNECTICUT
William B Clark President William H King Secretary
Home Office Hartford Conn
James S Middleton Atlanta Attorney for Service in Georgia
ICAPITAL STOCK
in
i Amount of capital paid up
casn 4000000 oo
2 Amount of ledger assets as per balance
December 31 of previous year 13720692 82
4 Extended at
13720692 82
IIINCOME
As shown by the books at home office at close of business December 3i 1906
Fire
Marine and
Inland
5 Gross premiums 8727137 4 581978 58
6 Deduct reinsurance rebate
abatement and return pre
mums 2309212 80 183142 84
7 Total premiums other than
perpetuals
K Deposit premiums written on perpetual risks gross 667 2
9 Interest on mortgage loans 636 00
11 Interest on bonds and dividends on stocks 550741 33
12 Interest on deposits
19789 52
15 Total interest and rents
16 Profit on sale or maturity of ledger assets Alabama State
bonds 50000 Atchison Topeka Santa Fe R R Co 4
per cent bonds 75000 Nassau Bank stock New York
1020900
23 From all other sources viz Profit and loss items Pictures
sold 2000 conscience fund 127500 sundry old bal
ances collected viz 1175 16960 7100 216 1920
2500
32 Money borrowed
57LI66 83
11459 00
1593 7i
1850000 00
36 Total income
9257657 19
IIIDISBURSEMENTS
Fire
Marine and
Inland
1 Gross amount paid for losses
including 37443334 occur
ring in previous years 6816766 43 335378 50COMPTROLLERGENERALS REPORT
19
2 Deduct amount received for
salvage 4477742 and for
reinsurance in other compa
nies 120634220 1154923 84
96195 78
5661842 59 239182 72
3 Net amount paid for losses
4 Deposit premiums returned
5 Paid stockholders for interest or dividends amount declared
during the year including stockholders tax
8 Commissions or brokerage
9 Salaries fees and all other charges Officers directors trus
tees 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 Albany Susq
R R 1st consol 6 per cent bonds 793750 and 1st con
7 per cent 1312500 Atlantic Danville R R 4 per
cent bonds 6250 Chicago Eastern Illinois R R 6
per cent bonds 162500 Jeffersonville Madison In
dianapolis R R S F bonds 150000 Lake Shore
Mich So R R 4 per cent bonds 112500 and zY2 per
cent bonds 869125 Georgia State bonds 190860
Roanoke Va city 6 per cent bonds 150000 Terminal
R R of St Louis 1st consol 5 per cent bonds 25000
total
21 All other disbursements Advertising printing and station
ery 5825265 legal expenses 8066531 furniture and
fixtures 59085 traveling expenses of special agents
9087479 miscellaneous expenses 30575472 total
Profit and loss items viz Premium on liability policy
6400 equipment printing department 294370 sundry
uncollectible balances viz 37io8 1660 24714 6565 I
total
34 Paid on account borrowed money
5901025 31
2558 75
772000 00
1163634 15
411485 97
3160 79
2580 00
151460 74
27
38 Total disbursements y
IVledgek assets
1 Book value of real estate unincumbered
2 Mortgage loans on realestate first liens
4 Book value of bonds excluding interest 783232689
stocks 3677o6 total
5 Cash in companys office 145056 deposited in bank 775
25024 total
6 Agents balances representing business written subsequent to
October I 1906
7 Agents balances representing business written prior to Oc
tober 1 1906
37724 85
463539 54
3708 17
1000000 00
9912878 27
14 Total net ledger assets
588207 93
12600 00
11509562 95
776700 80
159903 01
18497 05
13065471 7420
COMPTROLLERGENERALS REPORT
NONLEDGER ASSETS
15 Interest accrued on mortgages
18 Interest accrued on other assets
196 00
412 15
20 Total 608 15
22 Market value of bonds and stocks over book value 2174854 08
23 Other nonledger assets viz Gross premiums in course of
transmission December 31 816614 65
26 Gross assets 16057548 62
DEDUCT ASSETS NOT ADMITTED
30 Agents balances representing business writ
ten prior to October 1 1906 18497 05
33 Depreciation from book value of ledger assets
to bring same to market value viz Real
estate 88207 93
36 Total
106704
37 Total admitted assets 15950843 64
VLIABILITIES
1 Gross losses adjusted and unpaid not yet due
2 Gross claims for losses in process of adjust
ment or in suspense including all reported
and supposed losses
3 Gross claims for losses resisted
4 Total 5
5 Deduct reinsurance due or accrued
105180 70
671075 86
5895 15
782151 71
219412 70
6 Net amount of unpaid losses and claims
7 Gross premiums less reinsurance received
and receivable upon all unexpired fire risks
running one year or less from date of pol
icy including interest premiums on perpet
ual fire risks 414485396 unearned pre
miums fifty per cent 2072426 98
8 Gross premiums less reinsurance received
and receivable upon all unexpired fire risks
running more than one year from date of
policy 617059163 unearned premiums
pro rata 3417930 66
Gross premiums less reinsurance cash and
bills received and receivable upon all un
expired inland navigation risks 27847205
unearned premiums fifty per cent 139236 03
562739 01
9
12 Total unearned premiums as computed above 5629593 67
COMPTROLLERGENERALS REPORT
13 Amount reclaimable by the insured on perpetual fire insur
ance policies being 95 Per cent of the premium or de
posit received
17 Interest due or accrued remaining unpaid
20 Commissions brokerage and other charges due or to become
due to agents and brokers
21 Return premiums 14800580 reinsurance premiums 112
75593
22 Due and to become due for borrowed money
26 Total amount of all liabilities except capital
27 Capital actually paid up in cash 4000000 00
28 Surplus over all liabilities 4466072 43
29 Surplus as regards policyholders
30 Total liabilities
21
89073 86
9225 00
83377 94
260761 73
850000 00
7484771 21
3466072 43
Business in the State of Georgia
the year
Marine and
Inland
Fire Inland Tornado
Gross risks written 14863651 00 381394 00 1138272 00
Gross premiums re
ceived 259612 80 3038 05 9785 72
Losses paid 135981 43 L93 15
Losses incurred I5788g 99 2260 15
Amount at risk 12535902 00 1598
6 00
0 00
Aggregate
f16383317 00
272436 57
137880 58
160156 14
14134862 00
AGRICULTURAL FIRE INSURANCE COMPANY OF WATERTOWN
NEW YORK
W H Stevens President J I Adams Secretary
Principal Office 23 Washington Street Watertown N Y
Cliff C Hatcher Atlanta Attorney for Service in Georgia
ICAPITAL
1 Whole amount of capital stock 5ooooo 00
2 Amount paid up in cash 500000 00
IIASSETS
I Market value of real estate owned by the company less the
amount of incumbrances thereon 70209 55
2 Loans on bond and mortgage duly recorded and being first
liens on the fee simple 63802D 43
3 Interest due on all said bond and mortgage loans 335426
interest accrued thereon 1044945 total I383 7122
COMPTROLLERGENERALS REPORT
4 Value of lands mortgaged exclusive of build
ings and perishable improvements 881113 00
5 Value of buildings mortgaged insured for
51064900 as collateral 381549 00
6 Total value of said mortgaged premises car
ried inside 1262662 00
9 Total par and market value of stocks and bonds owned abso
lutely by the company carried out at market value
11 Total amount loaned on stocks bonds and all other securi
ties except mortgages
12 Cash in companys principaloffice 5816 91
13 Cash belonging to the company deposited in
bank Jefferson County National National
Bank Loan Co National Union and
Watertown National of Watertown N Y
Carthage National of Carthage N Y
National Herkimer County of Little Falls
N Y and Mercantile Trust Co of New
York City 111011 88
15
16
17
Total cash items
Interest due and accrued on bank balances and land con
tracts
Interest due and accrued on bonds not included in market
value uncollected
Interest due and accrued on collateral loans and uncollected
Cash in hands of agents and in course of transmission
All other assets both real and personal viz Due from
other companies for reinsurance on losses already paid
904696 50
454279 22
116828 79
3534 08
7112 91
9879 69
258839 28
44438 38
Total assets of the company actual cash market value 2521648 54
IIILIABILITIES
1 Losses due and unpaid 34618 41
2 Gross losses in process of adjustment or in
suspense including all reported and sup
posed losses 102646 76
3 Losses resisted including interest costs and
other expenses thereon 25719 00
4 Total gross amount of claims for losses 162984 17
5 Deduct reinsurance thereon 34696 50
6 Net amount of unpaid losses 128287 67
7 Gross premiums without any deduction re
ceived and receivable upon all unexpired
fire risks running one year or less from
date of policy 89134900 unearned pre
miums fifty per cent 445674 50COMPTROLLERGENERALS REPORT
28
Gross premiums without any deduction re
ceived and receivable upon all unexpired
fire risks running more than one year from
date of policy 193939300 unearned pre
miums pro rata 1043696 19
II Total unearned premiums as computed above carried out 1489370 69
19 All other demands against the company absolute and con
tingent due and to become due admitted and contested
viz Unpaid reinsurance 26194 51
20 Total amount of all liabilities except capital stock and net
surplus 1643852 87
21 Joint stock capital actually paid up in cash
23 Surplus beyond capital and all other liabilities
500000 00
377795 67
24 Aggregate amount of all liabilities including capital paid up
and net surplus 2521648 54
IVINCOME DURING THE YEAR
Fire Risks
I Gross premiums and bills in course of collec
tion at close of last previous year as shown
by that years statement 268775 J8
3 Net collected 268775 18
4 Gross premiums on risks written and renew
ed during the year 2178566 72
5 Total 2447341 90
6 Deduct premiums and bills in course of col
lection at this date 258839 28
7 Entire premiums collected during the year
8 Deduct reinsurance and return premiums
2188502 62
694631 02
9 Net cash actually received for premiums carried out 1493871 60
10 Received for interest on bonds and mortgages 28700 02
11 Received for interests and dividends on stocks and bonds
collateral loans and from all other sources 84645 55
12 Income received from all other sources omitting increase
if any in value of securities viz Rents 7995 Prnt
on sale of assets 8233834 total 83137 84
15 Aggregate amount of income actually received during the
year in cash 1690355 0124 COMPTROLLERGENERALS REPORT
VEXPENDITURES DURING THE YEAR
Fire Risks
1 Gross amount actually paid for losses in
cluding 12403360 losses occurring in pre
vious years 1878478 16
2 Deduct all amounts actually received for sal
vages whether on losses of the last or of
previous year 685961 and all amounts
actually received for reinsurance in other
companies 39389239 total deductions 40075200
3 Net amount paid during the year for losses 1477726 16
4 Cash dividends actually paid stockholders amount of stock
holders dividends declared during the year 50000 00
6 Paid for commissions or brokerage 328293 34
7 Paid for salaries fees and other charges of officers clerks
agents and all other employees 99029 12
8 Paid for State national and local taxes in this and other
States 56059 79
9 All other payments and expenditures viz General and
agency expenses stationery printing postage exchange
and maps 110819 49
Aggregate amount of actual expenditures during the
year in cash 2121927 90
Business in the State of Georgia during the year
Fire risks written 1664800 00
Premiums received gross 25440 47
Losses paid 10269 46
Losses incurred 11340 39
ALLIANCE INSURANCE COMPANY OP PENNSYLVANIA
Charles Platt President Henry W Farnum Secretary
Home Office 232 Walnut Street Philadelphia Pa
1capital STOCK
1 Amount of capital paid up in
cash 500000 00
2 Amount of ledger assets as per balance
December 31 of previous year 1241945 51
4 Extended at 1241945 51COMPTROLLERGENERALS REPORT
25
IIINCOME
5 Gross premiums
6 Deduct reinsurance rebate
abatement and return pre
miums
Fire
639862 S3
126287 89
Marine and
Inland
108953 80
8165 80
513574 64 100788 00
7 Total premiums other than
perpetual
8 Deposit premiums written on perpetual risks j
11 Interest on bonds and dividends on stocks
I2 Interest on deposits
21874 72
4301 04
15 Total interest and rents
23 From all other sources
Assessments and subscription re
evedfromstockholders 73378608 perpetual permits
transfer fees and earned deposit 15699 total
36 Total income
614362 64
3641 98
26175 76
733943 07
1378123 45
HIDISBURSEMENTS
1 Gross amount paid for losses
2 Deduct amount received for
salvage 137174 and for
reinsurance in other com
panies 16267823
Fire
1374021 44
Marine and
Inland
89885 24
144436 00 19613 97
3 Net amount paid for losses 1229585 44 7027i 27
a Deposit premiums returned
t Pafd stockholders for interest or dividends amount de
clared during the year
8 Commissions or brokerage
o Salaries fees and all other charges of officers directors
trustees clerks agents and other employees
10 Rents including companys occupancy of its own buildings
13 All other taxes licenses and insurance department fees
14 Loss on sale or maturity of ledger assets 25000 American
telegraph and telephone 4 collateral trust 100000
75000 Lehigh Valley R R genl mfg consoL 4 65000
ioodbo Bait Ohio R R prior lien 3V2 gold coupon
21 Another3 disbursementsAdvertising 433721 legal ex
miscellaneous 1158560
1299856 71
1776 38
20000 00
137567 48
27219 38
2491 98
9953 69
penses 7753
38 Total disbursements
4469 13
16000 34
1519335 0926
COMPTROLLERGENERALS REPORT
IVLEDGER ASSETS
4 Book value of bonds excluding interest
5 Cash m companys office 367931 deposited inbankVio
6 TZT bsin
7 ASeWig bU w Prior to
8 Bills receivable taken for marine and inland risks
14 Total ledger assets
924107 25
111201 13
63133 47
430 52
1861 50
1100733 87
NONLEDGER ASSETS
24 Reinsurance due
25 Assessments on stock
m process of collection
26 Gross assets
14600 00
3562 08
1118895 95
DEDUCT ASSETS NOT ADMITTED
30 Agents balances representing business writ
ten prior to October 1 1906
33 Depreciation from book value of ledger assets
to bring same to market value
36 Total
37 Total admitted assets
4 Total
5 Deduct reinsurance due or accruediii7oo
and salvage 65000
6 Net amount of unpaid losses and claims
7 Gross premium less reinsurance received
and receivable upon all unexpired fire risks
running one year or less from date of poli
cy 38346639 unearned premiums fifty
per cent
8 Gross premiums less reinsurance received
and receivable upon all unexpired fire risks
430 52
15247 2
S677 77
1103218 18
VLIABILITIES
1 Gross losses adjusted and unpaid and gross
claims for losses in process of adjust
ment or m suspense including all reported
and supposed losses
3 Gross claims for losses resisted o
807 00
72543 00
1767 00
70776 00
191733 19
COMPTROLLERGENERALS REPORT 27
running more than one year from date of
policy i2i36737 unearned premiums
pro rata 121367 37
9 Gross premiums less reinsurance cash
and bills received and receivable upon all
unexpired inland navigation risks 14163
84 unearned premiums 100 per cent H163 84
10 Gross premiums less reinsurance cash and
bills received and receivable upon all un
expired marine risks 3617715 unearned
premiums 100 per cent 36177 J5
12 Total unearned premiums as computed above 363441 55
13 Amount reclaimable by the insured on perpetual fire in
surance policies being 90 per cent of the premium or
i949 54
deposit received 54V
26 Total amount of all liabilities except capital 440167 09
27 Capital actually paid up in cash 500000 00
28 Surplus over all liabilities l63o5i 09
29 Surplus as regards policyholders 66305109
1103218 18
30 Total liabilities
Business in the State of Georgia during the year
r 869321 00
Risks written fire
Gross premiums received
Losses paid 2I
Losses incurred
AMERICAN CENTRAL FIRE INSURANCE COMPANY OF ST
LOUIS MO
Geo T Cram President John H Adams Secretary
Principal Office 816 Olive Street
W P Patillo Atlanta Attorney for Service in Georgia
ICAPITAL
1 Whole amount of capital stock 20000a
IIASSETS
2 Loans on bond and mortgage duly recorded and being
first liens on the fee simple
4 Value of lands mortgaged exclusive of build
ings and perishable improvements J000 28 COMPTROLLERGENERALS REPORT
5 Value of buildings mortgaged insured for
250000 as collateral 300Q w
6 Total value of said mortgaged premises car
ried inside 4
4000 oo
9 lotal par and market value of stocks and bonds owned ab
solutely by the company carried out at market value 3 606 445 oo
ii Total amount loaned on stocks bonds and all other securi
ties except mortgages
n J 646250 00
12 Cash in companys principal office g7Q4 3
13 Cash belonging to the company deposited in
bank Natl Bank of Com in St Louis
32574151 Third National Bank in St
Louis 2629047 Natl Bank of Com N
Y 912926 First National Bank Las
Vegas N M 1000000 Shawmut Natl
Bank Boston 3395445 total 6g
Total cash items
17 Cash in hands of agents and in course of transmission 4577
Total assets of the company actual cash market value 517417047
IIILIABILITIES
1 Losses due and unpaid 68l66
2 Gross losses in process of adjustment or in
suspense including all reported and sup
posed losses
T 24751041
3 bosses resisted including interest costs and
other expenses thereon 6 850 00
4 Total gross amount of claims for losses 317 56 60
5 Deduct reinsurance thereon 130177 87
6 Net amount of unpaid losses o
7 Gross premiums without any deduction re 7 73
ceived and receivable upon all unexpired
fire risks running one year or less from date
of policy 143517303 unearned premiums
fifty per cent 4 a
o n 717586 51
8 Gross premiums without any deduction re
ceived and receivable upon all unexpired
fire risks running more than one year from
date of policy 205506926 unearned pre
mums pro rata 112886939
11 Total unearned premiums as computed aboveeTutT 1846 455 90
19 All other demands against the company absolute and con S COMPTROLLERGENERALS REPORT 29
linjrent due and to become due admitted and contested
o 2nn TO
viz Commissions due agents
20 Total amount of all liabilities except capital stock and net
2096170 73
surplus Y
21 Joint stock capital actually paid up in cash 2000000 00
23 Surplus beyond capital and all other liabilities T07800b 74
24 Aggregate amount of all liabilities including capital paid
up and net surplus 5174179 47
IVINCOME DURING THE YEAR
Fire Risks
I Gross premiums and bills in course of collec
tion at close of last year as shown by that
years statement 32ioo8 47
3 Net collected 32100847
4 Gross premiums on risks written and renewed
during the year 3402537 47
5 Total 3723545 94
6 Deduct premiums and bills in course of col
lection at this date 415774 05
7 Entire premiums collected during the year
cash 330777189
8 Deduct reinsurance and return premiums 1024217 44
9 Net cash actually received for premiums carried out 2283554 45
10 Received for interest on bonds and mortgages 412 49
11 Received for interest and dividends on stocks and bonds
collateral loans and from all other sources 178328 00
12 Income received from all other sources omitting increase
if any in value of securities viz contributed by stock
holders to surplus 94967000 profit on sale of ledger
o 950847 89
assets 117789
13 Received for calls for increase capital 100000000
m Aggregate amount of income actually received during the
5 Bb 5 441319289
year 111 cash Y
vEXPENDITURES DURING THE YEAR
1 Gross amount actually paid for losses in
cluding 100077 losses occurring in previ Fire Risks
ous years 360555627
2 Deduct all amounts actually received for sal
vages whether on losses of the last or of
the previous year 798975 and all30 COMPTROLLERGENERALS REPORT
amounts actually received for reinsurance
in other companies 105223281 total de
ductions 1060222 56
3 Net amount paid during the year for losses 2545333 71
4 Cash dividends actually paid stockholders amount of divi
dends declared during the year 12000000 156518 67
6 Paid for commissions or brokerage 400767 69
7 Paid for salaries fees and other charges of officers clerks
agents and all other employees 110978 23
8 Paid for State national and local taxes in this and other
States v 51162 41
9 All other payments and expenditures viz Rents 13
00008 loss on sale of ledger assets 1142411 postage
express exchange and telegrams 1624340 advertising
269334 general expense 26922894 total 31258987
Aggregate amount of actual expenditures during the
year in cash 3577350 58
Business in the State of Georgia during the year
Fire risks written 4l68366 00
Premiums received gross 48248 24
Losses Paid 20l02 22
Losses incurred IC gIQ g
THE AMERICAN FIRE INSURANCE COMPANY OF NEWARK
NEW JERSEY
E O Doremus President Jas R Worden Secretary
Principal Office 70 Park Place
Olin L Pattillo Atlanta Attorney for Service in Georgia
ICAPITAL
1 Whole amount of capital stock 600000 00
2 Amount paid up in cash 600000 00
IIASSETS
1 Market value of real estate owned by the company less
the amount of incumbrances thereon 505800 00
2 Loans on bond and mortgage duly recorded and being
first liens on the fee simple 884230 75
3 Interest due on all said bond and mortgage loans 1481
50 interest accrued thereon 97T776 total IIjI99 2g
4 Value of lands mortgaged exclusive of build
ings and perishable improvements 891490 00COMPTROLLERGENERALS REPORT
31
5 Value of buildings mortgaged insured for
118964000 as collateral 131575
6 Total value of said mortgaged premises car
ried inside 2207240 00
9 Total par and market value of stocks and bonds owned ab
solutely by the company carried out at market value 335I775
12 Cash in companys principal office 916 6
13 Cash belonging to the company deposited in
bank Essex County National Bank
26221327 National Newark Banking Co
i669i62S total 429129 52
Total cash items 434S 58
15 Interest due and accrued on stocks not included in market
value uncollected 44394 9
17 Cash in hands of agents and in course of transmission not
more than three months due 338373 43
18 Bills receivable not matured taken for fire marine and in
land risks not past due 239712 83
All other assets both real and personal viz Rents due
and accrued 111 66
Total assets of the company actual cash market value 5805643 41
IIILIABILITIES
2 Gross losses in process of adjustment or in
suspense including all reported and sup
posed losses 487496 48
3 Losses resisted including interest costs and
other expenses thereon 4525
4 Total gross amount of claims for losses 492021 48
5 Deduct reinsurance thereon 33475 53
5 Net amount of unpaid losses 458545 95
7 Gross premiums without any deduction re
ceived and receivable upon all unexpired
fire risks running one year or less from
date of policy 126787492 unearned pre
miums fifty per cent 633937 46
8 Gross premiums without any deduction re
ceived and receivable upon all unexpired
fire risks running more than one year from
date of policy 444730717 unearned pre
miums pro rata 2507990 64
11 Total unearned premiums as computed above carried out 3141928 10
14 Amount of dividends declared but not yet due 24000 0032 COMPTROLLERGENERALS REPORT
15 Dividends declared and remaining unpaid or uncalled for 154 00
16 Cash dividends to stockholders remaining unpaid 665 59
19 All other demands against the company absolute and con
tingent due and to become due admitted and contested
viz Commission brokerage and other charges due or to
become due to agents and brokers 116839 86
20 Total amount of all liabilities except capital stock and net
surPlus 3742133 So
21 Joint stock capital actually paid up in cash 600000 00
23 Surplus beyond capital and all other liabilities 1463509 91
24 Aggregate amount of all liabilities including capital paid
up and net surplus 5805643 41
IVINCOME DURING THE YEAR
I Gross premiums and bills in course of col
lection at close of last previous year as Fire Risks
shown by that years statement 564120 11
3 Net collected 564120 11
4 Gross premiums on risks written and re
newed during the year 349314790
5 Total 4057268 01
6 Deduct premiums and bills in course of col
lection at this date 638184 74
7 Entire premiums collected during the year 3419083 27
8 Deduct reinsurance and return premiums 805407 31
9 Net cash actually received for premiums carried out 2613675 96
10 Received for interest on bonds and mortgages 69711 70
11 Received for interest and dividends on stocks and bonds
collateral loans and from all other sources 138877 19
12 Income received from all other sources omitting increase if
any in value of securities viz Rents 12071 15
15 Aggregate amount of income actually received during the
year in cash 2834336 00
VEXPENDITURES DURING THE YEAR
Fire Iiisks
1 Gross amount actually paid for losses in
cluding 15560236 losses occurring in pre
vious years 219911487
2 Deduct all amounts actually received for sal
vages whether on losses of the last or of
previous year 1823800 and all amounts5
COMPTROLLERGENERALS REPORT
33
actually received for reinsurance in other
companies 29162751 total deductions 309865 51
3 Net amount paid during the year for losses 1889249 36
4 Cash dividends actually paid stockholders amount of
stockholders dividends declared during the year 102
00000 10791048 to policyholders amount of dividends
declared during the year 14000 9900 10800948
6 Paid for commissions or brokerage 633245 14
7 Paid for salaries fees and other charges of officers clerks
agents and all other employees 13 3
8 Paid for State national and local taxes in this and other
Statesj
9 All other payments and expenditures viz Repairs and ex
penses on real estate 161447 taxes on real estate
689480 loss on sale or depreciation of real estate
34868 stationery postage special agents expressage
etc i9385750 total 2021545
Aggregate amount of actual expenditures during the
SB 5 3049822 83
year in cash Y
Business in the State of Georgia during the year
1t 18605 00
Fire nsks written g
Premiums received gross 10478 28
Losses paid g 2
Losses incurred
THE ATHENS MUTUAL EIRE INSURANCE COMPANY OF
ATHENS GA
t R B Dixon Secretary
M Stern President
Principal Office Clayton Street Athens Ga
IIASSETS
2 Loans on bond and mortgage duly recorded and being first
liens on the fee simple 3 5
3 Interest due on all said bond and mortgage loans 120
4 Value of lands mortgaged exclusive of buildings and per
ishable improvements
9 Total par and market value of stocks and bonds owned ab
solutely by the company carried out at market value 5405 00
12 Cash in companys principal office 152 67
13 Cash belonging to the company deposited in
bank Athens Savings Bank 7113 2
7265 94
Total cash items
3 in34
COMPTROLLERGENERALS REPORT
135 66
14 Amount of premium notes upon which policies have been
issued
15 Interest due and accrued on bonds not included in market
value uncollected
16 Interest due and accrued uncollected
17 Cash in hands of agents and in course of transmission
18 Bill receivable not matured taken for fire marine and in
land risks
All other assets both real and personal viz Office furni
ture supplies etc
Total assets of the company actual cash market value 27970 64
IIILIABILITIES
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 expenses
thereon
II Total unearned premiums
23 Surplus beyond capital and all other liabilities
97 50
125 45
11277 14
2653 96
634 1
750 00
2075 00
19231 49
5914 15
24 Aggregate amount of all liabilities including capital paid
up and net surplus 27970 64
TO BE ANSWERED BY COMPANIES DOING AN INSTALLMENT BUSINESS
Amount of unearned premiums represented by installment
notesbeing the whole amount of such notes 2653 96
IVINCOME DURING THE YEAR
1 Gross premiums and bills in course of collec
tion at close of last previous year as shown
by that years statement
2 Deduct amount of same not collected
3 Net collected
4 Gross premiums on risks written and re
newed during the year
5 Total
6 Deduct premiums and bills in course of col
lection at this date
7 Entire premiums collected during the year
Cash 2724374 notes 249454S
8 Deduct reinsurance and return premiums
Fire Risks
4621 6l
100 00
4S2i 6r
36493 81
41015 42
11277 14
29738 28
5389 61
9 Net cash actually received for premiums carried outi
11 Received for interests and dividends on stocks and bonds
collateral loans and from all other sources
24348 67
361 60COMPTROLLERGENERALS REPORT
35
15 Aggregate amount of income actually received during the
year in cash 24710 27
VEXPENDITURES DURING THE YEAR
3 Net amount paid during the year for losses fire 4956 IS
4 Cash dividends actually paid policyholders amount of divi
dends declared during the year 2241 35
6 Paid for commissions or brokerage expenses salaries fees
and other charges of officers clerks agents and all other
employees 10474 48
8 Paid for State national and local taxes in this and other
States 692 72
Aggregate amount of actual expenditures during the
year in cash 18364 70
Business in the State of Georgia during the year
Eire risks written 1563203 75
Premiums received gross 36493 81
Losses paid 4956 15
Losses incurred 73i J5
ATLAS ASSURANCE COMPANY LTD OF LONDON
Frank Lock U S Manager
Principal Office 100 William Street New York
Cliff C Hatcher Atlanta Attorney for Service in Georgia
1CAPITAL
1 Whole amount of capital stock 11000000 00
2 Amount paid up in cash 1320000 00
IIASSETS
I Market value of real estate owned by the company less the
amount of incufnbrances thereon 85000 00
9 Total par and market value of stocks and bonds owned abso
lutely by the company carried out at market value 1429557 50
12 Cash in companys principal office 8466 75
13 Cash belonging to the company deposited in
bank Canadian Bank of Commerce San
Francisco 964389 First National Bank
Chicago 407490 Manhattan Trust Co
New York 19465239 Merchants Na
tional Bank New York 31575 total 20805543
Total cash items
216522 1836
COMPTROLLERGENERALS REPORT
15 Interest due and accrued on stocks not included in market
value uncollected
17 Gross premiums as written in the policies in course of
collection written within three months
All other assets both real and personal viz Due from
other companies for reinsurance on losses already paid
200055 due from the Manchester Assurance Company
385286 total
Total assets of the company actual cash market value
16715 00
257484 71
2011132 80
IIILIABILITIES
1 Losses due and unpaid 43 22
2 Gross losses in process of adjustment or in
suspense including all reported and sup
posed losses 11911689
3 Losses resisted including interest costs and
other expenses thereon 5783 00
4 Total gross amount of claims for losses 124940 11
5 Deduct reinsurance thereon 932 30
6 Net amount of unpaid losses 115617 81
7 Gross premiums without any deduction re
ceived and receivable upon all unexpired
fire risks running one year or less from
date of policy 112948420 unearned pre
miums fifty per cent 564742 10
8 Gross premiums without any deduction re
ceived and receivable upon all unexpired
fire risks running more than one year from
date of policy 109714649 unearned pre
miums pro rata 62 lSSl 75
11 Total unearned premiums as computed above carried out 1189623 85
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
in course of collection 5149694 due for reinsurance
859295 total 6008989
20 Total amount of all liabilities except net surplus 1365331 55
23 Surplus beyond capital and all other liabilities 645801 25
24 Aggregate amount of all liabilities including net surplus 2011132 80COMPTROLLERGENERALS REPORT
IVINCOME DURING THE YEAR
Fire Risks
1 Gross premiums and bills in course of collec
tion at close of last previous year as shown
by that years statement 244156 95
2 Deduct amount of same not collected 136 30
3 Net collected 244020 59
4 Gross premiums on risks written and re
newed during the year 2023143 39
37
2267103
5 Total
6 Deduct premiums and bills in course of coi
tion at this date 26504480
7 Entire premiums collected during the year 2002119 iS
8 Deduct reinsurance and return premiums 447591 02
9 Net cash actually received for premiums carried out
11 Received for interests and dividends on stocks and bonds
collateral loans and from all other sources
14 Amount of remittances from home office dur
ing the year 146492392
1554528 16
55095 34
1609623 50
15 Aggregate amount of income actually received during the
year in cash
vEXPENDITURES DURING THE YEAR
Fire Risks
1 Gross amount actually paid for losses in
cluding 7526340 losses occurring in pre
s 4960725 15
vious years y
2 Deduct all amounts actually received for sal
vages whether on losses of the last or of
previous year 1117130 and all amounts
actually received for reinsurance in other
companies 254013354 total deductions 255130484
3 Net amount paid during the year for losses 249 31
6 Paid for commissions or brokerage 3247
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
Statesso
9 All other payments and expenditures viz Rents 1268
58 local boards 2406950 advertising
111918 69
45i65 38
366864 post
San Francisco conflagration losses paid 16829462138 COMPTROLLERGENERALS REPORT
age etc 1427557 traveling 2906484 office and sun
dry expenses 3863981 total 127407 94
Aggregate amount of actual expenditures during the
year in cash 3ol86l8 6
Business in the State of Georgia during the year
Fire risks written I97734S 00
Premiums received gross 33 894 80
Losses Paid 21463 67
Losses incurred 220I7 40
ATLANTA HOME FIRE INSURANCE COMPANY OF ATLANTA GA
Joel Hurt President W D Deane Secretary
Principal Office Equitable Building
ICAPITAL
1 Whole amount of capital stock
2 Amount paid up in cash
200000 00
200000 00
11ASSETS
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 build
ings and perishable improvements 17520000
5 Value of buildings mortgaged insured for
1750000 as collateral 33000 00
6 Total value of said mortgaged premises car
ried inside 208200 00
7 Amount of other loans on stocks and bonds
ny 3297041
9 Total par and market value of stocks and bonds owned abso
lutely by the company carried out at market value
11 Total amount loaned on stocks bonds and all other securi
ties except mortgages
12 Cash in companys principal office
13 Cash belonging to the company deposited in
bank Atlanta National Bank 118824
Lowry National Bank 197409 Trust
Company of Georgia 527054 total 8432 87
39 07
Total cash items
112173 81
1733 10
189395 00
32970 41
8471 94COMPTROLLERGENERALS REPORT
39
15 Interest due and accrued on bonds not included in market
value uncollected 54 l7
16 Interest due and accrued on collateral loans and uncollected 1365 00
17 Cash in hands of agents and in course of transmission 22914 68
All other assets both real and personal viz Office furni
ture 3ooo 00
Total assets of the company actual cash market value 372528 11
IIILIABILITIES
2 Gross losses in process of adjustment or in
suspense including all reported and sup
posed losses
3 Losses resisted including interest costs and
other expenses thereon
4 Total gross amount of claims for losses
5 Deduct reinsurance thereon
6 Net amount of unpaid losses
7 Gross premiums without any deductions re
ceived and receivable upon all unexpired
fire risks running one year or less from
date of policy 6730263 unearned pre
miums fifty per cent
8 Gross premiums without any deduction re
ceived and receivable upon all unexpired
fire risks running more than one year from
date of policy 5928250 unearned pre
miums pro rata
4070 00
3350 00
7430 00
105 00
33651 32
32145 21
7315 00
11 Total unearned premiums as computed above carried out 65796 53
20 Total amount of all liabilities except capital stock and net
surplus 73111 53
21 Joint stock capital actually paid up in cash 200000 00
23 Surplus beyond capital and all other liabilities 994i6 58
24 Aggregate amount of all liabilities including capital paid up
and net surplus
372528 11
IVINCOME DURING THE YEAR
I Gross premiums and bills in course of collec
tion at close of last previous year as shown Fire Risks
by that years statement 23320 59
3 Net collected
23320 5940
COMPTROLLERGENERALS REPORT
4 Gross premiums on risks written and re
newed during the year
121866 92
5 Total
6 Deduct premiums and bills in course of col
lection at this date
145187 51
22914 68
7 Entire premiums collected during the year
8 Deduct reinsurance and return premiums
122272 83
30836 37
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 from all other sources omitting increase if any in
value of securities viz Rents 272464 sale of real
estate 400000 total
15 Aggregate amount of income actually received during the
year in cash
91436 46
3725 83
5876 01
6724 64
107762 94
VEXPENDITURES DURING THE YEAR
1 Gross amount actually paid for losses in
cluding 308500 losses occurring in pre Fire Risks
vious years 49169 20
2 Deduct all amounts actually received for re
insurance in other companies 2744 02
3 Net amount paid during the year for losses 46425 18
6 Paid for commissions or brokerage net 14971 56
7 Paid for salaries fees and other charges of officers clerks
agents and all other employees 10395 32
8 Paid for State national and local taxes in this and other
States 3906 69
9 All other payments and expenditures viz Rent 135400
repairs on real estate 47331 taxes on real estate 783
48 general expenses 512766 total 7738 45
Aggregate amount of actual expenditures during the
year in cash 83437 2o
Business in the State of Georgia during the year
Fire risks written 3467403 00
Premiums received gross 61150 75
Losses paid 28142 16
Losses incurred 30451 65
COMPTROLLERGENERALS REPORT
41
BOSTON FIRE INSURANCE COMPANY OF BOSTON MASS
Ransom B Fuller President Thos H Lord Secretary
Principal Office 137 Milk Street Boston Mass
W L Wilson Savannah Attorney for Service in Georgia
ICAPITAL
1 t 1 1000000 00
I Whole amount of capital stock
2 Amount paid up in cash 1000000 00
6
12
13
IIASSETS
Market value of real estate Owned by the company less the
amount of incumbrances thereon
Loans on bond and mortgage duly recorded and being first
liens on the fee simple
Interest due on all said bond and mortgage loans 728750
interest accrued thereon 221692 total
Total value of lands and buildings mort
gaged insured for II973T5O0 as collat
eral carried inside 2765900 00
Total par and market value of stocks and bonds owned abso
lutely by the company carried out at market value
Total amount loaned on stocks bonds and all other securi
ties except mortgages
Cash in companys principal office
Cash belonging to the company deposited in
bank 37684054
2286 47
Total cash items
15 Interest due and accrued on stocks 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 fire marine and in
land risks
All other assets both real and personal viz Due from
other companies for reinsurance on losses already paid
1328961 deposit with fire boards 20000 other ledger
assets 100000 total
58000 00
1301900 00
9504 42
2753906 87
91600 00
379127 01
8608 07
400 00
316520 66
63961 28
14489 61
Total assets of the company actual cash market value 4998017 92
IIILIABILITIES
Losses due and unpaid
Gross losses in process of adjustment or in
suspense including all reported and sup
posed losses
21804 38
316885 2342 COMPTROLLERGENERALS REPORT
3 Losses resisted including interest costs and
other expenses thereon g 4
4 Total gross amount of claims for losses 347457 08
5 Deduct reinsurance thereon 3oo86 16
6 Net amount of unpaid losses
7 Gross premiums without any deduction re
ceived and receivable upon all unexpired
fire risks running one year or less from
date of policy 58600910 unearned pre
miums fifty per cent
8 Gross premiums without any deduction re
ceived and receivable upon all unexpired
fire risks running more than one year from
date of policy 80961829 unearned pre
miums prorata 46107677
9 Gross premiums without any deduction in
cluding both cash and bills received and
receivable upon all unexpired inland navi
gation and marine risks 22369 20
10 Gross premiums without any deduction re
ceived and receivable upon all unexpired
marine risks 84570592 unearned pre
miums sixty per cent 507423 54
Excess original premiums over amount re
ceived for reinsurance 74142 unearned
premiums pro rata 288 10
11 Total unearned premiums as computed above carried out 1284 16 12
17 Commissions brokerages and other charges due or to be
come due agents or brokers
18 Reinsurance premiums 399 4
19 All other demands against the companyabsolute andcon 3
tmgent due and to become due admitted and contested
viz Contingent salvage
2977 50
20 Total amount of all liabilities except capital stock and net
surplus
21 Joint stock capital actually paid up incash Z
23 Surplus beyond capital and all other liabilities 64
24 Aggregate amount of all liabilities including capital paid up
and net surplus
4998017 92
IVINCOME DURING THE YEAR
Marine and
1 Gross premiums and bills in FlreR3ks Mand Risks
course of collection at close
of last previous year asCOMPTROLLERGENERALS REPORT
shown by that years state
ment 12289710 15760062
3 Net collected 122897 10 i576oo 62
4 Gross premiums on risks writ
ten and renewed during the
year 1376121 78 1632334 11
5 Total 149901888 1789934 73
6 Deduct premiums and bills in
course of collection at this
date 154355 50 181233 01
7 Entire premiums collected dur
ing the year 1344663 38 1608701 72
8 Deduct reinsurance and return
premiums 5S7o 83 275669 77
43
9 Net cash actually received for
premiums carried out 838902 55
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 152600 Man
chester Mills common 223750 preferred 895000
National Bank of North America National Eagle Bank
National Reserve Bank deferred dividend 7242 North
ern Marine Seaport R R Co 400000 Atlantic Mutual
scrip 19000 real estate Harvard Ave Brookline 457
87 St Paul St Brookline 68561 refund of bank tax
686013 total
i33303i 95 2171934 50
53690 99
117389 30
24979 53
15 Aggregate amount of income actually received during the
year in cash 2367994 3
Gross amount actually paid for
losses including 18664752
losses occurring in previous
years
Deduct all amounts actually
received for salvages wheth
er on losses of the last or of
previous year 7409828
and all amounts actually re
ceived for reinsurance in
EXPENDITURES DURING THE YEAR
Mai ine and
Fire Risks Inland Risks
472218 21
Si 1203 7544 COMPTROLLERGENERALS REPORT
other companies 18983686
total deductions I0Sg6s 02 lsjm I2
3 Net amount paid during the
yar f0 losses 366253 19 653233 63 1019486 82
4 Cash dividends actually paid stockholders amount of stock
holders dividends declared during the year I20oo0 00
0 Faid for commissions or brokerage 393 317 78
7 Paid for salaries fees and other charges of officers clerks
agents and all other employees 3g
8 Faid tor State national and local taxes h this and other
States
9 All other payments and expenditures viz Repairs and ex
penses real estate 64887 taxes on real estate 35363
rents including companys occupancy of own building
1753176 doubtful accounts charged off 131430 real
estate Mills Beach and Hall Sts reserve 50587 adver
tising printing and stationery 1155248 furniture and
fixtures 538148 Mass board of patrols 1465969
legal expenses 50916 maps 183772 miscellaneous
23465i2 total
Aggregate amount of actual expenditures during the
year 1807298 82
Business in the State of Georgia during the year
Marine and inland risks written o 6
Premiums received gross
Losses paid y477 17
Losses incurred
2183 42
BRITISH AMERICA ASSURANCE COMPANY OF TORONTO
Hon Geo A Cox President
Principal Office 18 and 20 Front Street East T
P H Sims Secretary
oronto
11ASSETS
9 Total par and market value of stocks and bonds
owned absolutely by the company carried out at
market value
13 Cash belonging to the company deposited in bank
Canadian Bank of Commerce N Y
15 Interest due and accrued on stocks not included in
market value uncollected
17 Cash in hands of agents and in course of transmis
sion
Total assets of the company actual cash market
value a
1343 672 27
31826 43
17060 71
211238 41
6o3797 82COMPTROLLERGENERALS REPORT
45
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
11169 25
64770 43
25325 00
6 Net amount of unpaid losses 101264 68
7 Gross premiums without any deduction
received and receivable upon all un
expired fire risks running one year
or less from date of policy 1006
36373 unearned premiums fifty
per cent So3i8i 86
8 Gross premiums without any deduc
tion received and receivable upon
all unexpired fire risks running more
than one year from date of policy
83415305 unearned premiums pro
rata
9 Gross premiums without any deduc
tion including both cash and bills
received and receivable upon all un
expired inland navigation and ma
rine risks 8527175
10 Gross premiums without any deduc
tion received and receivable on all
unexpired marine risks
440367 18
42635
1525 29
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 contested viz commissions and charges due
agents
56217 39
20 Total amount of all liabilities except capital stock
and net surplus 1145192 2S
23 Surplus beyond capital and all other liabilities 458605 57
24 Aggregate amount of all liabilities including capital
paid up and net surplus 1603 797 82
IVINCOME DURING THE YEAR
I Gross premiums and bills
in course of collection
at close of last previ46
COMPTROLLERGENERALS REPORT
Marine and
ous year as shown by Inland Risks
years statement 23690970 2253715
3 Net collected 236909 79 22537 15
4 iross premiums on risks
written and renewed
during the year 1719815 83 284113 68
f JX 1956725 62 30665083
o Deduct premiums and
bills in course of col
lection at this date 20769486 354355
7 Entire premiums collect
ed during the year t749030 76 30310728
o Deduct reinsurance and
return premiums 402 7S3 l o6 549 30
9 Net cash actually re
ceived for premiums
carried out I34627 SQ pg
11 Received for interests and dividends on stock and
bonds collateral loans and from all other sources 40 a 00
14 Amount of remittances from home office during the
year
852037 27
IS Aggregate amount of income actually received during
the year in cash
2454107 93
VEXPENDITURES DURING THE YEAR
i Gross amount actually
paid for losses includ
occurring in previous
ing 8358094 losses FireRlBks rS
nyfrs WS6frfi 14 247711 52
2 Deduct all amounts ac
tually received fof sal
vages whether on
losses of the last or of
previous year 20082
46 and all amounts ac
tually received for re
insurance in other com
panies 31401030 to
tal dedctions 307630 16 26462 60
3 Net amount paid during
1th1eyear for osses 164901798 221248 92 1870266 00
6 Paul for commission or brokerage WO 200 90
265749 52COMPTROLLERGENERALS REPORT
17
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 adjust
ments advertising board legal postage telegraph
etc
65652 08
43746 36
145358 62
Aggregate amount of actual expenditures during
the year in cash 2390773 48
Business in the State of Georgia during the year
Fire Risks
Risks written 170328400
Premiums received gross 30596 58
Losses paid 12253 31
Losses incurred 13865 36
Marine and
Inland Risks Aggregate
108973 00 1812257 00
324 25 30920 83
2102 24 Cr 10151 07
274 87 14140 23
CALEDONIAN FIRE INSURANCE COMPANY OF
EDINBURGH
Chas H Post U S Manager R C Christopher Assistant Manager
Principal Office 50 and 52 Pine Street New York City
ICAPITA
i Whole amount of capital stock
2 Amount paid up in cash
5000000 00
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
12 Cash in companys principal office 92 51
13 Cash belonging to the company depos
ited in bank American Exchange
national Bank New York City trus
tees account 20082328 managers
account 4037590 home office ac
count 8282060 Bank of British
North America managers ac
count 114838 total 32516816
525000 00
iI939S0 00
Total cash items 3252606748
COMPTROLLERGENERALS REPORT
15 Interest due and accrued on stocks not included in
market value uncollected 7I2Q 15
17 Cash in hands of agents and in course of transmis
sion 13239913
18 Bills receivable not matured taken for fire marine
and inland risks 506 70
All other assets both real and personal viz Due
from other companies for reinsurance on losses
already paid 1182 97
Total assets of the company actual cash market
value 218542862
IIILIABILITIES
1 Losses due and unpaid 17351449
2 Gross losses in process of adjustment
or in suspense including all reported
and supposed losses 407789 62
3 Losses resisted including interest costs
and other expenses thereon 26239 43
4 Total gross amount of claims for losses 607543 54
5 Deduct reinsurance thereon 162566 87
6 Net amount of unpaid losses 444976 67
7 Gross premiums without any deduction
received and receivable upon all un
expired fire risks running one year
or less from date of policy 97635478
unearned premiums fifty per cent 488177 30
8 Gross premiums without any deduction
received and receivable upon all un
expired tire risks running more than
one year from date of policy 1248
16077 unearned premiums pro rata 678948 68
11 Total unearned premiums as computed above car
ried out 1167126 07
19 Reinsurance premiums 2836305 contingent 10
00000 38363 05
20 Total amount of all liabilities except net surplus 1650465 79
23 Surplus beyond capital and all other liabilities 534962 83
24 Aggregate amount of all liabilities including net
surplus 2185428 621
COMPTROLLERGENERALS REPORT
49
iyINCOME DURING THE YEAR
Fire Risks
4 Gross premiums on risks written and
renewed during the year 1948349 71
8 Deduct reinsurance and return pre
U9727 3D
miums y
o Net cash actually received for premiums carried out 1428622 35
11 Received for interests and dividends on stocks and
bonds collateral loans and from all other sources 53300 35
12 Income received from all other sources omitting in
crease if any in value of securities viz Rents 18181 01
14 Remittances from home office during
the year 213674785
IS Aggregate amount of income actually received during
the year in cash 9
VEXPENDITURES DURING THE YEAR
Fire Risks
t Gross amount actually paid for losses
including n6i77il losses occurring
in previous years 5 4301583 38
2 Deduct all amounts actually received
for salvages whether on losses of
the last or of previous year 347
99 and all amounts actually received
for reinsurance in other companies
i45456968 total deductions 1457987 07
3 Net amount paid during the year for losses 2843595 71
6 Paid for commissions or brokerage 334
7 Paid for salaries fees and other charges of officers
clerks agents and all other employees 91504 03
8 Paid for State national and local taxes in this and
other States
9 All other payments and expenditures viz Traveling
stationery printing supplies maps office furniture
postage express telegrams advertising office ex
penses and miscellaneous33
Aggegate amount of actual expenditures during
n8c 3572220 21
the year in cash v
Business in the State of Georgia during the year
996760 00
Fire risks written 16832 8
Premiums received gross 12874 56
Losses paid 18747 97
Losses incurred
4 in50
COMPTROLLERGENERALS REPORT
CITIZENS FIRE INSURANCE COMPANY OF MISSOURI
Sol E Waggoner President J H Carr Secretary
Principal office Century Building St Louis Mo
Wm R Prescott Atlanta Attorney for Service in Georgia
ICAPITAL
1 Whole amount of capital stock
2 Amount paid up in cash
200000 oo
200000 oo
IIASSETS
1 Market value of real estate owned by the company
less the amount of iricumbrances thereon
2 Loans on mortgage duly recorded and being first liens
on the fee simple
3 Interest due and accrued on mortgage loans
4 Value of lands mortgaged exclusive of
buildings and perishable improve
ments 342500 00
5 Value of buildings mortgaged insured
for 15585000 as collateral 228500 00
6 Total value of said mortgaged premises
carried inside 57100000
9 Total par and market value of bonds owned absolutely
by the company carried out at market value
12 Cash in companys principal office 220 51
3 Cash belonging to the company deposit
ed in Merchants Laclede Natl Bank
St Louis Mo 5532663 Bankers
Trust Co New York 673559
WellsFargo Nevada San Francisco
4450811 Lowry Natl Bank Atlanta
Ga 1404017 total 75547 47
Total cash items
15 Interest due and accrued on bonds not included in
market value uncollected
17 Cash in hands of agents and in course of transmission
Total assets of the company actual cash market
value
IIILIABILITIES
I Losses adjusted and unpaid
Gross losses in process of adjustment or
16841 89
400 00
217900 00
2787 00
305840 00
76767 98
348s 00
98506 55
705686 53COMPTROLLERGENERALS REPORT
51
in suspense including all reported
and supposed losses 149824 66
3 Losses resisted including interest costs
and other expenses thereon 1331927
Total gross amount of claims for losses 179985 82
5 Deduct reinsurance thereon I37o66 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 336
06500 unearned premiums fifty
per cent
8 Gross premiums without any deduction
received and receivable upon all 1111
expired fire risks running more than
one year from date of policy 345
31600 unearned premiums pro rata
42919 33
168032 50
5862 28
II 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 put up in cash
23 Surplus beyond capital and all other liabilities
24 Aggregate amount of all liabilities including capital
paid up and net surplus 5
1VINCOME DURING THE YEAR
354894 78
397814 II
200000 00
107872 42
705686 53
1 Gross premiums and bills
in course of collection
year as shown by that
at close of last previous
years statement
3 Net collected
4 Gross premiums
written
and renewed during the
year
Fire Risks
148966 28
148966 28
2208354 55
Marine and
Inland Risks
5 Total 2357323 83
6 Deduct premiums and
bills in course of col
lection at this date 12607968
245 87
245 8752
COMPTROLLERGENERALS REPORT
7 Entire premiums collect
ed during the year
8 Deduct reinsurance and
return premiums
2231244 IS 245 87
1740898 12 172 11
9 Net cash actually receiy
ed for premiums car
ried out 49034603 736 49041979
10 Received fov interest on bonds and mortgages 25717 99
n Received for interest from all other sources 2516 44
12 Income received from all other sources omitting in
crease if any in value of securities viz from
stockholders credit surplus 35oco 00
15 Aggregate amount of income actually received during
the year in cash 553654 22
VEXPENDITURES CURING THE YEAR
1 Gross amount actually paid for losses
including 12966702 losses occurring Fire Risks
in previous years 2076167 88
2 Deduct all amounts actually received for
salvages whether on losses of the
last or of previous year 440124 and
all amounts actually received for rein
surance in other companies 1612
97T70 total deductions 161737294
3 Net amount paid during the year for losses 458794 94
6 Paid for commissions or brokerage 81955 98
7 Paid for salaries fees and other charges of officers
clerks agents and all other employees 39T77 36
8 Paid for State national and local taxes in this and
other States 17267 39
9 All other payments and expenditures 4124323
Aggregate amount of actual expenditures during
the year in cash 638438 90
Business in the State of Georgia during the year
Fire risks written 4819473 00
Premiums received gross 63412 88
Losses paid 34376 70
Losses incurred 26212 15COMPTROLLERGENERALS REPORT
53
COMMERCIAL UNION ASSURANCE COMPANY LTD OF
LONDON
A H Wray Manager
Principal U S Office corner Pine and William Streets New York
Jacob Haas Atlanta Attorney for Service in Georgia
IIASSETS
Market value of real estate owned by the company
less the amount of incumbrances thereon
Loans on bond and mortgage duly recorded and be
ing first liens on the fee simple
Interest due and accrued on all said bond and mort
gage loans
Value of lands mortgaged exclusive of
buildings and perishable improve
ments
Value of buildings mortgaged insured
for 3080000 as collateral
888000 00
23000 00
466 25
14000 00
35000 00
6 Total value of said mortgaged premises
carried inside 49000 00
9 Total par and market value of stocks and bonds owned
absolutely by the company carried out at market
value Si5348o89
12 Cash in companys principal office 4559 77
13 Cash belonging to the company de
posited in bank National Bank of
Commerce New York 11800429
American Exchange Natl Bank New
York 1022044 Marton Trust Co
New York 5950606 AngloCalifor
nina Bank San Francisco 9790350
First National Bank Denver 96680
National Union Bank Boston 26
26827 total 31286936
Total cash items 317429 13
15 Interest due and accrued on stocks not included in
market value uncollected 64353 8
17 Cash in hands of agents and in course of transmission 627469 28
18 Bills receivable not matured taken for fire marine
and inland risks I35 4
All other assets both real and personal viz Rents
due and accrued 1067342 due from other com54
COMPTROLLERGENERALS REPORT
panics for reinsurance on losses already paid
408201 14755 43
Total assets of the company actual cash market
value 7090330 32
IIILIABILITIES
1 Losses due and unpaid 63030 30
2 Gross losses in process of adjustment
or in suspense including all reported
and supposed losses 149775 oc
3 Losses resisted including interest costs
and other expenses thereon 36850 CO
4 Total gross amount of claims for losses 1 597634 30
5 Deduct reinsurance thereon 134532 80
6 Net amount of unpaid losses 1463101 50
7 Gross premiums without any deduction
received and receivable upon all un
expired fire risks running one year
or less from date of policy 3162
99584 unearned premiums fifty per
cent 1581497 92
8 Gross premiums without any deduction
received and receivable upon all un
expired fire risks running more than
one year from date of policy 4420
23703 unearned premiums pro
rata 2 216352 75
9 Gross premiums without any deduction
including both cash and bills re
ceived and receivable upon all unex
pired inland navigation and marine
risks 2933838 unearned fifty per
cent 14619 19
10 Gross premiums without any deduc
tion received and receivable on all
unexpired marine risks 33421 74
11 Total unearned premiums as computed above carried
out 384594160
12 Net premiums reserved and all other liabilities except
capital under the life insurance or any other special
department 107 004 48
19 All other demands against the company absolute
and contingent due and to become due admittedCOMPTROLLERGENERALS REPORT
55
and contested viz Return premiums 2270342
reinsurance premiums 4641940 69122 82
20 Total amount of all liabilities except net surplus 5485170 40
23 Surplus beyond Capital and all other liabilities 1605159 92
24 Aggregate amount of all liabilities including capital
paid up and net surplus 7090330 32
1 Gross premiums and bills
in course of collection
at close of last previous
year as shown by that
years statement
4 Gross premiums on risks
written and renewed
during the year
INCOME DURING THE YEAR
Fire Risks
626843 38
Marine and
Inland Risks
23132 24
6660302 73 219931 06
5 Total
6 Deduct premiums and
bills in course of collec
tion at this date
7287146 11 243063 30
730226 10
17438 69
7 Entire premiums collect
ed during the year 6556920 01 225624 61
8 Deduct reinsurance and
return premiums 1599626 58 61099 6
Deposit premiums 246 00
9 Net cash actually re
ceived for premiums
carried out 4 957293 43 164525 01 5122064 44
tu Received for interest on bonds and mortgages 1166 00
11 Received for interest and dividends on stocks and
bonds collateral loans and from all ouier sources 135951 83
12 Income received from all other sources omitting in
crease if any in value of securities viz Rents
6279866 profit on sale of securities 303750 65836 16
14 Amount of remittances from home office during the
year 2298437 79
15 Aggregate amount of income actually received dur
ing the year in cash 7623456 22
56
COMPTROLLERGENERALS REPORT
EXPENDITURES DURING THE YEAR
Marine and
Fire Risks Inland Risks
Gross amount actually
paid for losses includ
ing 30381234 losses
occurring in previous
years 389792746 154335 37
Deduct all amounts actual
received for salvages
whether on losses of
the last or of previous
year 2117669 and
all amounts actually re
ceived for reinsurance
in other companies
34643070 total deduc
tions 335837io 3177029
3 Net amount paid during
the year for losses 3562090 36 122565 08 3684655 44
6 Paid for commissions or brokerage 1289759 94
7 Paid for salaries fees and other charges of officers
clerks agents and all other employees 170521 70
8 Paid for State national and local taxes in this and
other States 131324 37
9 All other payments and expenditures viz Rents
national and local boards travel surveys printing
stationery postage telegrams exchange advertising
and sundries and reduction in book values 242600 76
Aggregate amount of actual expenditures during
the year in cash 5518862 21
Business in the State of Georgia during the year
Fire risks written 6506797 00
Premiums received gross 102996 88
Losses paid 31707 20
Losses incurred 44257 20 COMPTROLLERGENERALS REPORT
57
CONTINENTAL FIRE INSURANCE COMPANY OF NEW YORK
Evans President J E Lopez and E L Ballard Secretaries
Henry
Principal Office 46 Cedar Street New York City
J L Riley Co Atlanta Attorneys for Service in Georgia
ICAPITAL
1000000
I Whole amount of capital stock
1000000 00
2 Amount paid up in cash
11ASSETS
j 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 build
ings and perishable improvementsi
5 Value of buildings mortgaged insured for
1992500 as collateral
13850 00
321 25
11800 00
22700 00
6 Total value of said mortgaged premises car
ned insde 34500 o
9 Total par and market value of stocks and bonds owned ab
solutely by the company carried out at market value 13005255
12 Cash in companys principal office 8492 3
13 Cash belonging to the company deposited m
bank
1147614 08
Total cash items j 1
15 Interest due and accrued on stocks not included in market
value uncollected
I7 Cash in hands of agents and in course of transmission
i Bills receivable not matured taken for fire marine and in
land risks
1156106 46
103652 32
894982 29
66433 11
Total assets of the company
IIILIABILITIES
2 Gross losses in process of adjustment or in
suspense including all reported and sup
posed losses
3 Losses resisted including interest costs and
other expenses thereon
actual cash market value 17030600 43
374534 48
31903 00
amount of claims for losses 406437 48
4 Total gross
5 Deduct reinsurance thereon
6 Net amount of unpaid losses
21118 67
385318 8158 COMPTROLLERGENERALS REPORT
7 Gross premiums without any deduction re
ceived and receivable upon all unexpired
fire risks running one year or less from
date of policy 389666909 unearned pre
miums fifty per cent 1948334 54
8 Gross premiums without any deduction re
ceived and receivable upon all unexpired
fire risks running more than one year from
date of policy 900090433 unearned pre
miums pro rata 4841575 23
11 Total unearned premiums as computed above carried out 6789909 77
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 or
to become due to agents and brokers 16312879 rein
surance premiums 1350872 reserve for contingencies
25000000 total 426637 SJ
20 Total amount of all liabilities except capital stock and net
TSUrpllS 760186609
21 Joint stock capital actually paid up in cash 1000000 00
23 Surplus beyond capital and all other liabilities 8428734 34
24 Aggregate amount of all liabilities including capital paid up
and net surplus M
1 17030600 43
IVINCOME DURING THE YEAR
1 Gross premiums and bills in course of collec RiSkS
tion at close of last previous year as shown
by that years statement 906924 77
2 Deduct amount of same not collected 2707 43
3 Net collected V
4 Gross premiums on risks written and re
newed during the year 7814331 30
5rl0tf 871854864
0 Deduct premiums and bills in course of col
lection at this date 96141540
7 Entire premiums collected during the year 7757133 24
8 Deduct reinsurance and return premiums Mll478 19
9 Net cash actually received for premiums carried out 66456 o
10 Received for interest on bonds and mortgages 827
11 Received for interests and dividends on stocks and bonds
collateral loans and from all other sources 605 600 47X
COMPTROLLERGENERALS REPORT
59
12 Income received from all other sources omitting increase if
any in value of securities viz Rents 31782 57
15 Aggregate amount of income actually received during the
1 7203865 72
year m cash v
yEXPENDITURES DURING THE YEAR
1 Gross amount actually paid for losses in
cluding 31802143 losses occurring in pre Fire Risks
vious years 5 523908460
2 Deduct all amounts actually received for salv
ages whether on losses of the last or of
previous year 1511500 and all amounts
actually received for reinsurance in other
companies 86583334 total deductions 880948 34
3 Net amount paid during the year for losses 4358136 26
4 Cash dividends actually paid stockholders amount of
stockholders dividends declared during the year 450000 00
5 Scrip or certificates of profits redeemed in cash and interest
paid to scripholders
6 Paid for commissions or brokerage 1449291 5
7 Paid for salaries fees and other charges of officers clerks
agents and all other employees 452286 00
8 Paid for State national and local taxes in this and other
States 14339173
9 All other payments and expenditures viz Rents 18
01172 furniture and fixtures 598407 advertising
printing and stationery 5285145 exchange 843088
express 1192603 local board expenses 4330487
maps 1089162 postage 4311640 telegrams 15
56336 traveling expenses 7347161 legal expenses
598834 miscellaneous 5188236 total 341422 71
Aseresrate amount of actual expenditures during the
1 7193641 00
year in cash yo f
Business in the State of Georgia during the year
Fire risks written 9543815 00
j 165636 5b
Premiums received gross D
36840
LosseS pald 39286 77
Losses incurred 60
COMPTROLLERGENERALS REPORT
COSMOPOLITAN FIRE INSURANCE COMPANY OF NEW YORK
Leo A Loeb First VicePresident Wm Wood Secretary
Principal Office 95 William Street
Geo S Wolford Atlanta Attorney for Service in Georgia
ICAPITAL
i Whole amount of capital stock 300000 00
11ASSETS
9 Total par and market value of stocks and bonds owned ab
solutely by the company carried out at market value 621675 00
13 Cash belonging to the company deposited in bank Oriental
Bank 1630481 Mutual Alliance Trust Co 918939 25494 20
15 Interest due and accrued on stocks not included in market
value uncollected 5454 12
18 Bills receivable not matured taken for tire marine and in
land risks 81206 72
Total assets of the company actual cash market value 733830 04
inliabilities
1 Losses due and unpaid 341 i og
2 Gross losses in process of adjustment or in
suspense including all reported and sup
posed losses 37965 18
3 Losses resisted including interest costs and
other expenses thereon 600 00
4 Total gross amount of claims for losses 41976 27
5 Deduct reinsurance thereon 5048 35
6 Net amount of unpaid losses 36927 92
7 Gross premiums without any deduction re
ceived and receivable upon all unexpired
fire risks running one year or less from
date of policy 198957 S3
8 Gross premiums without any deduction re
ceived and receivable upon all unexpired
fire risks running more than one year from
date of policy 83065 22
11 Total unearned premiums as computed above carried out 282022 55
20 Total amount of all liabilities except capital stock and net
slrPlus 318950 47

COMPTROLLERGENERALS REPORT
61
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
4 Gross premiums on risks written and re
newed during the year 734i86 09
8 Deduct reinsurance and return premiums 164984 28
9 Net cash actually received for premiums caried out
11 Received for interests and dividends on stocks and bonds
collateral loans and from all other sources
12 Income received from all other sources omitting increase if
any in value of securities viz Deposits 35394 Profit
on sale of companys stock 15000000 total
15 Aggregate
amount of income actually received during the
300000 00
114879 57
733830 04
year
vEXPENDITURES DURING THE YEAR
1 Gross amount actually paid for losses
2 Deduct all amounts actually received for sal
vages whether on losses of the last or of
previous year and all amounts actually re
ceived for reinsurance in other companies
Fire Risks
81469 05
240 40
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 Organization
expenses 322066 minor sundry expenses 38243
569201 81
7374 72
150353 94
in cash 726930 47
81228 65
189186 71
5019 68
6573 81
3603 09
Aggregate
amount of actual expenditures during
the
year in cash
285611 9462
COMPTROLLERGENERALS REPORT
CONNECTICUT FIRE INSURANCE CO OF HARTFORD CONN
J D Browne President Charles R Burt Secretary
Home Office 51 Prospect Street Hartford Conn
J L Riley Atlanta Attorney for Service in Georgia
ICAPITAL STOCK
1 Amount of capital paid up in cash 1000000 00
2 Amount of ledger assets as per balance
December 31 1905 5559468 57
3 Increase of paid up capital during the year
cash received to restore amount canceled
by stockholders vote 500000 00
4 Extended at 6059468 57
As shown by the books at home office at close of business December 31 1906
5 Gross premiums 4504565 92
6 Deduct reinsurance rebate abatement and
return premiums 975941 61
7 Total premiums other than perpetual
9 Interest on mortgage loans
10 Interest on collateral loans
11 Interest on bonds and dividends on stocks
12 Interest on deposits
13 Interest from all other sources
14 Gross rents from companys property
3528624 31
48698 41
162 50
153788 26
4526 19
571 63
2775 39
23
Total interest and rents
Profit on sale or maturity of ledger assets On bonds sold
494573 on stocks sold 4783193 on real estate sold
23145 total
From all other sources Surplus contributed by stockhold
ers new stock having been subscribed at 200 per share
50000000 increase in book value of real estate on ac
count of enhanced market value 9789066 total
210522 38
53009 II
597890 66
36 Total income 4390046 46
IIIDISBURSEMENTS
As shown by the books at home office at close of business December 31 1906
1 Gross amount paid for losses including Fire Risks
20630705 occurring in previous years 4847188 66
2 Deduct amount received for salvage 9707
COMPTROLLERGENERALS REPORT
63
10 and for reinsurance in other compa
nies 100395343 1013660 53
3 Net amount paid for losses
5 Paid stockholders for interest or dividends amount divi
dends declared during the year 9000000
8 Commissions or brokerage
9 Salaries fees and all other charges of officers clerks
agents and other employees
10 Rents
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 on bonds sold
1558034 on real estate sold 32285 defaulted agency
balances 65400 total
21 All other disbursements Advertising printing and station
ery 6916894 legal expenses 754731 furniture and
fixtures 624479 miscellaneous 13715504 total
3833528 13
103110 79
741356 36
241407 10
14146 57
780 86
3147 67
117067 61
i6557 19
220116 08
38 Total disbursements 5291218 36
IVLEDGER ASSETS
Book value of real estate unincumbered 267200 00
Mortgage loans on real estate first liens 969900 00
Book value of bonds excluding interest 290925105
and stocks 34116891 3250419 96
Cash in companys office 49989 cash deposited in banks
viz National Exchange Bank Hartford 35590404
Mercantile Trust Company Boston 2867370 Conti
nental National bank Chicago 5825919 AngloCalifor
nian Bank San Francisco 904518 Oakland Bank of
Savings Oakland 2253132 total 474913 88
Agents balances representing business written subsequent
to October I 1906 146522 81
Agents balances representing business written prior to Oc
tober 1 1906 13420 99
Bills receivable taken for fire risks 35919 03
14 Total ledger assets 5158296 67
NONLEDGER assets
15 Interest due and accrued on mortgages
16 Interest due and accrued on bonds and stocks
22 Market value of bonds and stocks over book value
23 Other nonledger assets viz Gross premi
ums excluding return premiums and rein
surance in course of collection December
31 not more than three months due 294000 00
11776 25
16584 15
64688 0464 COMPTROLLERGENERALS REPORT
24 Deduct cost of collection commission broker
age and other expenses 113000 00
25 Net amount of uncollected premiums not more than three
months due 181000 00
26 Gross assets 5432345
DEDUCT ASSETS NOT ADMITTED
30 Agents balances representing business writ
ten prior to October 1 1906 13420 99
31 Bills receivable past due taken for fire risks i7325 81
36 Total 30746 80
37 Total admitted assets 5401598 31
VLIABILITIES
i Gross losses adjusted and unpaid not yet due 103690 21
2 Gross claims for losses in process of adjust
ment or in suspense including all reported
and supposed losses 283684 23
3 Gross claims for losses resisted 31786 96
4 Total 419161 40
5 Deduct reinsurance due or accrued 65630 21
6 Total amount of unpaid losses and claims 353531 19
7 Gross premiums less reinsurance received
and receivable upon all unexpired fire risks
running one year or less from date of poli
cy including interest premiums on perpet
ual fire risks 201078190 unearned pre
miums fifty per cent 1005390 95
8 Gross premiums less reinsurance received
and receivable upon all unexpired fire risks
running more than one year from date of
policy 392288093 unearned premiums
pro rata 212037093
12 Total unearned premiums as computed above 3125761 88
24 Total amount of all liabilities except capital 3479293 07
25 Capital actually paid up in cash 1000000 00
26 Surplus over all liabilities 922305 24
27 Surplus as regards policyholders 1922305 24
28 Total 5401598 31COMPTROLLERGENERALS REPORT
65
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 Attorney for Service in Georgia
1CAPITAL
1 Whole amount of capital stock 5oooo 00
2 Amount paid up in cash 500000 00
11INCOME
9 Total par and market value of stocks and bonds owned ab
solutely by the company carried out at market value 442770 42
12 Cash in companys principal office 94 64
13 Cash belonging to the company deposited in
bank 328955 13
Total cash items 329049 77
17 Cash in hands of agents and in course of transmission 85613 85
All other assets both real and personal viz Interest due
and accrued on bank deposits 2005 9o
Total assets of the company actual cash market value 859440 00
IIILIABILITIES
i Losses due and unpaid 390 74
2 Gross losses in process of adjustment or in
suspense including all reported and sup
posed losses IO354 5
3 Losses resisted including interest costs and
other expenses thereon 694 43
4 Total gross amount of claims for losses 12439 67
5 Deduct reinsurance thereon 845 54
6 Net amount of unpaid losses 11594 x3
7 Unearned premiums fifty per cent 71082 72
8 Unearned premiums pro rata 23597 9
11 Total unearned premiums as computed above carried out 94679 81
17 Due and accrued for salaries rent advertising and for
agency and other miscellaneous expenses 300 00
20 Total amount of all liabilities except capital stock and net
surplus Io657394
5 in66
COMPTROLLERGENERALS REPORT
21 Joint stock capital actually paid up in cash
23 Surplus beyond capital and all other liabilities
24 Aggregate amount of all liabilities including capital paid up
and net surplus
500000 00
252866 06
859440 or
IVINCOME DURING THE YEAR
Fire Risks
4 Gross premiums on risks written and re
newed during the year 196538 17
6 Deduct premiums and bills in course of col
lection at this date 85613 85
7 Entire premiums collected during the year
8 Deduct reinsurance and return premiums
113924 32
25286 76
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 increase if
any in value of securities viz Premium on sale of
stock
13 Received for capital
15 Aggregate amount of income actually received during the
year in cash
8S637 56
3333 77
4083 98
250000 00
500000 00
841055 3i
VEXPENDITURES DURING THE YEAR
3 Net amount paid during the year for losses
6 Paid for commissions or brokerage
7 Paid for salaries fees and other charges of officers clerks
agents and all other employees
8 Paid for State and local taxes in this and other States
9 All other payments and expenditures viz Bonds 442770
42 office expenses of all kinds 1237189 total
Aggregate amount of actual expenditures during the
year in cash
2903 05
45752 04
5396 85
4811 29
455M 31
514005 54
Business in the State of Georgia during tli
e year
Fire risks written
Premiums received gross
Losses paid
Losses incurred
605037 00
10704 33
135 25
140 25COMPTROLLERGENERALS REPORT
67
THE EAGLE FIRE COMPANY OF NEW YORK
Theo H Price President Chas R Watson Secretary
Principal Office 82 Beaver Street
Edgar Dunlap Atlanta Attorney for Service in Georgia
CAPITAL STOCK
1 Whole amount of capital stock
2 Amount paid up in cash
300000 00
300000 00
11ASSETS
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 4A3I 74
13 Cash belonging to the company deposited in
bank The Oriental Bank N Y City
59888289 The New York Trust Co
14348743 total 742370 32
Total cash items
Interest due and accrued on stocks not included in market
value uncollected
All other assets both real and personal viz Due from re
insurance companies on losses paid 756177 gross pre
miums in course of collection not more than three
months due 7196860 gross premiums in course of col
lection over three months due 26996
65000 00
490640 00
746402 06
3005 00
79800 26
Total assets of the company actual cash market value 1384577 43
IIILIABILITIES
1 Losses adjusted and unpaid T79I2 67
2 Gross losses in process of adjustment or in
suspense including all reported and sup
posed losses 209338 87
3 Losses resisted including interest costs and
other expenses thereon 8507 98
4 Total gross amount of claims for losses 235759 52
5 Deduct reinsurance thereon 29307 29
6 Net amount of unpaid losses 206452 23
7 Gross premiums without any deduction re
ceived and receivable upon all unexpired68
COMPTROLLERGENERALS REPORT
fire risks running one year or less from date
of policy 37804385 unearned premiums
fifty per cent 189021 92
8 Gross premiums without any deduction re
ceived and receivable upon all unexpired
fire risks running more than one year from
date of policy 24537134 unearned premi
ums pro rata 176323 85
11 Total unearned premiums as computed above carried out 365345 77
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 1250000
19 All other demands against the company absolute and con
tingent due and to become due admitted and contested
viz Cash deposited in lieu of agents bond 100000 re
insurance 78184 commissions 1805964 total 19841 48
20 Total amount of all liabilities except capital stock and net
surplus 606965 72
21 Joint stock capital actually paid up in cash 300000 00
23 Surplus beyond capital and all other liabilities 4776n 71
24 Aggregate amount of all liabilities including capital paid up
and net surplus 1384577 43
IVINCOME DURING THE YEAR
1 Gross premiums and bills in course of col
lection at close of last previous year as
shown by that years statement
2 Deduct amount of same not collected
3 Net collected
4 Gross premiums on risks written and re
newed during the year
5 Total
6 Deduct premiums and bills in course of col
lection at this date
7 Entire premiums collected during the year
8 Deduct reinsurance and return premiums
Fire Risk
114745 58
177 70
114S67 88
875AS7 41
989625 29
72060 86
917564 43
420849 04
Net cash actually received for premiums carried out
Received for interest and dividends on stocks and bonds
collateral loans and from all other sources
Income received from all other sources omitting increase if
any in value of securities viz Rents 199998 cash de
posited for bond 100000 other sources 3566203 pre
496715 39
15917 21COMPTROLLERGENERALS REPORT
69
mium on sale 7500 shares capital stock at 6000 per
share 15000000 total 188662 01
13 Received for increase capital 600000 00
15 Aggregate amount of income actually received during the
year in cash 1301294 61
VEXPENDITURES DURING THE YEAR
Fire Risks
Gross amount actually paid for losses in
cluding 4456072 losses occurring in pre
vious years 890385 16
Deduct all amounts actually received for sal
vages whether on losses of the last or of
previous year 590867 and all amounts
actually received for reinsurance in other
companies 18625075 total deductions 192159 42
3 Net amount paid during the year for losses 698225 74
6 Paid for commissions or brokerage 118876 25
7 Paid for salaries fees and other charges of officers clerks
agents and all other employees 58715 96
8 Paid for State national and local taxes in this and other
States 23914 82
9 All other payments and expenditures viz Rents 486672
tax and expenses on real estate 128054 printing sta
tionery and supplies 1188895 maps 569666 furni
ture and fixtures 186611 traveling expenses 12475
31 advertising 322493 insp etc 271745 miscel
laneous 1832224 total 62338 gr
Aggregate amount of actual expenditures during the
year in cash
Business in the State of Georgia during the year
Fire risks written 797677 00
Premiums received gross 16194 7
Losses paid 9624 24
Losses incurred 8137 94
962071 68ro
COMPTROLLERGENERALS REPORT
EQUITABLE FIRE INSURANCE COMPANY OF CHARLESTON SC
David Huguenin President Wm Mazyck Secretary
ICAPITAL
1 Whole amount of capital stock
2 Amount paid up in cash
120000 oo
120000 00
IIASSETS
Market value of real estate owned by the company less the
amount of incumbrances thereon
Loans on bond and mortgage duly recorded and being first
liens on the fee simple
Interest due and accrued on all said bond and mortgage
loans
Value of lands mortgaged exclusive of build
ings and perishable improvements 1340000
Value of buildings mortgaged 24200 00
6 Total value of said mortgaged premises car
ried inside 376oo 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 securi
ties except mortgages
12 Cash in companys principal office 2841 19
13 Cash belonging to the company deposited in
bank Hibernia T S Bank 148473
Carolina 256197 Exchange B T Co
267187 Dime S Bank 204815 Bank
of Charleston N B A 520896 total 13975 68
Total cash items
15 Interest due and accrued on stocks not included in market
value uncollected
16 Interest due and accrued on collateral loans and uncollected
17 Cash in hands of agents and in course of transmission
All other assets both real and personal viz Rents due
and accrued 5366 interest on savings bank deposits
and other assets 78077 total
17000 00
13500 00
58 38
187735 00
9000 00
16816 87
273 51
1 50
24840 10
834 43
Total assets of the company actual cash market value 270059 79
IIILIABILITIES
2 Gross losses in process of adjustment or in
suspense including all reported and sup
posed losses 16413 24
COMPTROLLERGENERALS REPORT
71
5 Deduct reinsurance thereon 7797 00
6 Net amount of unpaid losses
7 Gross premiums without any deductions re
ceived and receivable upon all unexpired
fire risks running one year or less from
date of policy 10970933 unearned pre
miums fifty per cent 54854 67
8 Gross premiums without any deductions re
ceived and receivable upon all unexpired
fire risks running more than one year from
date of policy 6677076 unearned pre
miums pro rata 38156 28
II Total unearned premiums as computed above carried out
19 All other demands against the companyabsolute and con
tingent due and to become due admitted and contested
viz Commission and brokerage 196534 return pre
miums 52 cents reinsurance premiums 209543 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 5
36i6 24
93010 95
4061 77
105688 96
120000 00
44370 83
270059 79
IVINCOME DURING THE YEAR
I Gross premiums and bills in course of collec
tion at close of last previous year as shown Fire Risks
by that years statement 26552 76
3 Net collected 26552 76
4 Gross premiums on risks written and re
newed during the year 207883 67
5 Total 234436 43
6 Deduct premiums and bills in course of col
lection at this date 24846 10
7 Entire premiums collected during the year
8 Deduct reinsurance and return premiums
209590 33
67802 59
Cl
io
II
Net cash actually received for premiums carried out 141787 74
Received for interest on bonds and mortgages 1355 21
Received for interests and dividends on stocks and bonds
collateral loans and from all other sources 7403
Income received from all other sources omitting increase if72
COMPTROLLERGENERALS REPORT
any in value of securities viz Rents 126677 com
mission 56791 Ger Amer Sav Bank 819 total
13 Received for increase capital
15 Aggregate amount of income actually received during thi
year in cash
VEXPENDITURES DURING THE YEAR
Fire Risks
1 Gross amount actually paid for losses 77958 52
2 Deduct all amounts actually received for sal
vages whether on losses of the last or of
previous year 3250 and all amounts
actually received for reinsurance in other
companies 1926379 total deductions 19296 29
3 Net amount paid during the year for losses
4 Cash dividends actually paid stockholders amount of stock
holders 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 72000
repairs 147234 legal expenses 25000 advertising
stationery printing express postage telegrams light wa
ter fuel maps etc 486278 total
Aggregate amount of actual expenditures during the
year in cash
1842 87
2200 00
154S88 93
58662 23
7068 00
41349 93
5217 06
7305 12
119602 34
FIDELITY FIRE INSURANCE COMPANY OF NEW YORK
Henry Evans President J E Lopez and E L Ballard Secretaries
Principal Office 46 Cedar Street New York N Y
Chas I Mell Athens Attorney for Service in Georgia
1CAPITAL
1 Whole amount of capital stock 1000000 00
2 Amount paid up in cash 1000000 00
11ASSETS
9 Total par and market value of stocks and bonds owned ab
solutely by the company carried out at market value 2504180 00
12 Cash in companys principal office 513 35
COMPTROLLERGENERALS REPORT 73
13 Cash belonging to the company deposited in
bank First National Bank 5434780
Central Trust Co 2736474 Am Trust
Savings Bank Chicago 1934043 Bank
of New York 1355862 Corn Ex Bank
201838 total 11662997
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 126648 9
Total assets of the company actual cash market value 2759367 28
117143 32
ii395 00
IIILIABILITIES
2 Gross losses in process of adjustment or in
suspense including all reported and sup
posed losses 29245 98
5 Deduct reinsurance thereon US 3
6 Net amount of unpaid losses 29130 68
7 Gross premiums without any deduction re
ceived and receivable upon all unexpired
fire risks running one year or less from
date of policy 30068076 unearned pre
miums fifty per cent 150340 38
8 Gross premiums without any deduction re
ceived and receivable upon all unexpired
fire risks running more than one year from
date of policy 15052562 unearned pre
miums pro rata 128275 72
11 Total unearned premiums as computed above carried out 278616 10
17 Due and accrued for salaries rent advertising and for
agency and other miscellaneous expenses 7648 47
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 or
to become due to agents and brokers 202931 reinsur
ance premiums 746771 special reserve for unearned
premiums 44119595 total 443972 3
20 Total amount of all liabilities except capital stock and net
759367 28
surplus Dy
21 Joint stock capital actually paid up in cash 1000000 00
23 Surplus beyond capital and all other liabilities 1000000 00
24 Aggregate amount of all liabilities including capital paid up
and net surplus 2759367 2874
COMPTROLLERGENERALS REPORT
IVINCOME DURING THE YEAR
4 Gross premiums on risks written and re FireRiks
newed during the year 4g68o6 g6
6 Deduct premiums and bills in course of col
lection at this date
7 Entire premiums collected during the year
8 Deduct reinsurance and return premiums
127048 43
359758 53
41251 22
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
318507 31
25907 92
344415 23
VEXPENDITURES DURING THE YEAR
1 Gross amount actually paid for losses
2 Deduct all amounts actually received for sal
vages whether on losses of the last or of
previous year 2847 and all amounts
actually received for reinsurance in other
companies 27768 total deductions
Fire Risks
23895 66
306 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
23589 51
86237 55
19843 35
7447 73
47041 77
Aggregate amount of actual expenditures during the
year in cash t
Business in the State of Georgia during the year
Fire risks written t
Premiums received gross
Losses paid
Losses incurred
184159 91
384800 00
566l 70
43 10
283 10COMPTROLLERGENERALS REPORT
75
FIRE ASSOCIATION OF PHILADELPHIA PA
M G Garrigues Secretary
E C Irvin President
Principal Office W and 409 Walnut Street Philadelphia Pa
W E Chapin Atlanta Attorney for Service in Georgia
CAPITAL
1 Whole amount of capital stock
2 Amount paid up in cash
750000 00
750000 00
431975 00
1469284 99
26071 70
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 691002
interest accrued thereon 1916168 total
4 Value of lands mortgaged exclusive of build
ings and perishable improvements i59T930 00
K Value of buildings mortgaged insured for
142536500 as collateral 22i3949 00
6 Total value of said mortgaged premises car
ried inside 385879
0 Total par and market value of stocks and bonds owned ab
solutely by the company carried out at market value
Total amount loaned on stocks bonds and all other secun
ties except mortgageso
12 Cash in companys principal office 3o 34
13 Cash belonging to the company deposited in
bank Fidelity Trust Co Philadelphia Pa
12251021 Merchants National Bank
Philadelphia Pa H75996i Girard Na
tional Bank Philadelphia Pa 9858213
Union National Bank Philadelphia Pa
I3537238 American National Bank of
SanFrancisco San Francisco Cal 1
total 505843 55
4034316 30
77922
Total cash items Jf
iS Interest due and accrued on stocks not included in market
value uncollected
l6 Interest due and accrued on collateral loans and uncollected
I7 Cash in hands of agents and in course of transmission
All other assets both real and personal viz Rents due and
514203 89
24153 45
2114 05
575129 8076 COMPTROLLERGENERALS REPORT
accrued 275041 due from other companies for rein
surance on losses already paid 1286197 total 16la 3g
Total assets of the company actual cash market value 730126156
IIILIABILITIES
1 Losses due and unpaid g6
2 Gross losses in process of adjustment or in
suspense including all reported and sup
posed losses
T 207027 28
3 Losses resISted including interest costs and
other expenses thereon S3 431 82
4 Total gross amount of claims for losses 7767 q6
5 Deduct reinsurance thereon vi 87
6 Net amount of unpaid losses
11 Total unearned premiums 333 9
4778989 46
20 Total amount of all liabilities except capital stock and net
surplus
21 Joint stock capital actually paid up in cash 5090352 55
23 Surplus beyond capital and all other liabilities 4Z
24 Aggregate amount of all liabilities including capital paid
up and net surplus
7301261 56
IVINCOME DURING THE YEAR
1 Gross premiums and bills in course of collec FlreEisks
tion at close of last previous year as shown
by that years statement g
3 Net collected tg 93
4 Gross premiums on risks written and re
newed during the year 5249171 96
5 Total I 7
f r 5784005 89
6 Deduct premiums and bills in course of col
lection at this date 575129 80
7 Entire premiums collected during the year 5208876 09
8 Deduct reinsurance and return premiums 1327433 65
0 Net cash actually received for premiums carfrio3 3 881 442 4
10 Receved for interest on bonds and mortgages t
11 Received for interests and dividends on stocks andbonds
collateral loans and from all other sources rno
12 Income received from all other sources omitting increase ifCOMPTROLLERGENERALS REPORT 77
any in value of securities viz Rents 2941616 profit
and loss 52065 total 29936 81
13 Received for calls on capital 125000000 for increase cap
ital 25000000 total 1500000 00
15 Aggregate amount of income actually received during the
year in cash 5685685 25
VEXPENDITURES DURING THE YEAR
Gross amount actually paid for losses in Fire Risks
eluding losses occurring in previous years 4094145 98
Deduct all amounts actually received for sal
vages whether on losses of the last or of
previous year and alj amounts actually
received for reinsurance in other companies 498940 12
3 Net amount paid during the year for losses 3595205 86
4 Cash dividends actually paid stockholders amount of stock
holders dividends declared during the year 200000 00
5 Interest paid to scripholders 13032
6 Paid for commissions or brokerage 991961 28
7 Paid for salaries fees and other charges of officers clerks
agents and all other employees 424660 39
8 Paid for State national and local taxes in this and other
States 99544 97
9 All other payments and expenditures viz Interest paid on
borrowed money 10962 57
Aggregate amount of actual expenditures during the
year in cash 5335367 07
Business in the State of Georgia during the year
Fire risks written 5354174 00
Premiums received gross 83235 37
Losses paid 44099
Losses incurred 50568 27
COMPTROLLERGENERALS REPORT
THE FLORIDA HOME FIRE INSURANCE COMPANY
OF MARIANNA FLA
Jno H Carter President H P Mulkey Secretary
Principal Office Marianna Fla
Wni A Wright Atlanta Attorney for Service in Georgia
ICAPITAL
1 Whole amount of capital stock 200000 00
2 Amount paid up in cash 120000 00
15
17
IIASSETS
Market value of real estate owned by the company less the
amount of incumbrances thereon
Total par and market value of stocks and bonds owned ab
solutely by the company carried out at market value
Cash in companys principal office 1536 64
Cash belonging to the company deposited in
bank First Nat Bank Chipley Fla 2
97000 First Nat Bank Marianna Fla
317200 No Ga Trust Co Blue Ridge
Ga 1180123 Jno H Carter Co Ma
rianna Fla 142100 First Nat Bank
Quincey Fla 610000 total 25464 22
Total cash items
Interest due and accrued on stocks not included in market
value uncollected
Cash in hands of agents and in course of transmission net
after deducting commission and brokerage return premi
ums and return commissions
All other assets both real and personal viz Rents due and
accrued 10666 home office furniture and fixtures 1
34350 agency supplies on hand 181700 license and
taxes advanced for 1907 unearned 186152 total
Total assets of the company actual cash market value
inLIABILITIES
7 Gross premiums without any deduction re
ceived and receivable upon all unexpired
fire risks running one year or less from
date of policy 970348 unearned premi
ums fifty per cent
8 Gross premiums without any deduction re
4851 74
24000 00
74875 00
27000 86
550 00
8538 47
5128 68
140093 014
COMPTROLLERGENERALS REPORT
79
ceived and receivable upon all unexpired
fire risks running more than one year from
date of policy 47273 unearned premiums
pro rata
395 77
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 Bills for furniture and fixtures not due
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
5247 51
611 71
5859 22
120000 00
14233 79
140093 01
IVINCOME DURING THE YEAR
Fire Risks
4 Gross premiums on risks written and re
newed during the year 10176 21
6 Deduct premiums and bills in course of col
lection at this date 10134 27
9 Net cash actually received for premiums carried out 41 94
12 Income received from all other sources omitting increase
if any in value of securities viz Rents 134 72
15 Aggregate amount of income actually received during the
year in cash 176 66
VEXPENDITURES DURING THE YEAR
3 Net amount paid during the year for losses fire 1 95
6 Paid for commissions or brokerage I791 50
7 Paid for salaries fees and other charges of officers clerks
agents and all other employees 1891 25
8 Paid for State national and local taxes in this and other
States 1861 52
9 All other payments and expenditures viz Furniture and
fixtures 134350 agency supplies 181700 total 316050
Aggregate amount of actual expenditures during the
year in cash 8706 7280
COMPTROLLERGENERALS REPORT
FIREMENS FIRE INSURANCE COMPANY OF NEWARK N J
Daniel H Dunham President A H Hassinger 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
11ASSETS
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 1929925 00
3 Interest due on all said bond and mortgage loans 203150
interest accrued thereon 2359832 total 25629 82
9 Total par and market value of stocks and bonds owned ab
solutely by the company carried out at market value 1108600 00
12 Cash in companys principal office 3735 46
13 Cash belonging to the company deposited in
bank National Newark Banking Co 36286 49
Total cash items 40021 95
17 Cash in hands of agents and in course of transmission 176997 89
All other assets both real and personal viz Rents due
and accrued 19300 due from other companies for re
insurance on losses already paid Concordia 7359
Pruss Natl 28500 Caledonia 57000 West Under
writers 625 Queen 2126 German of Peoria 1220
Munich Reinsurance Co 22020 Camden 1000 total 1676 50
Total assets of the company actual cash market value 4394068 78
IIILIABILITIES
1 Losses due and unpaid 30825 84
2 Gross losses in process of adjustment or in
suspense including all reported and sup
posed losses 93523 57
3 Losses resisted including interest costs and
other expenses thereon 8817 25
4 Total gross amount of claims for losses 133166 66
5 Deduct reinsurance thereon 3728 58
6 Net amount of unpaid losses
129438 08COMPTROLLERGENERALS REPORT 81
7 Gross premiums without any deduction re
ceived and receivable upon all unexpired
fire risks running one year or less from dite
of policy 103826755 unearned premi
ums fifty per cent 519133 77
8 Gross premiums without any deduction re
ceived and receivable upon all unexpired
fire risks running more than one year from
date of policy 144447952 unearned pre
miums pro rata 822430 17
II Total unearned premiums as computed above carried out 1341563 94
20 Total amount of all liabilities except capital stock and net
1 J47I002 02
surplus T
21 Joint stock capital actually paid up in cash I a
23 Surplus beyond capital and all other liabilities 1923066 76
24 Aggregate amount of all liabilities including capital paid
up and net surplus 4394o68 78
IVINCOME DURING THE YEAR
Fire Risks
I Gross premiums and bills in course of collec
tion at close of last previous year as
shown bythat years statement 205622 71
3 Net collected 205622 71
4 Gross premiums on risks written and re
newed during the year 2011134 74
5 Total 2216757 45
6 Deduct premiums and bills in course of col
lection at this date 28877 6l
7 Entire premiums collected during the year 1928577 84
8 Deduct reinsurance and return premiums 316825 52
9 Net cash actually received for premiums carried out I67S4 32
10 Received for interest on bonds and mortgages 84218 16
II Received for interests and dividends on stock and bonds
collateral loans and from all other sources 94752 55
12 Income received from all other sources omitting increase if
any in value of securities viz Rents 1182547 inter
est on deposits 70463 rights to subscribers to N Y
N J Tel Co stock sold 300 total I2533 I0
15 Aggregate amount of income actually received during the
J B5 1803258 13
year in cash
6 in82 COMPTROLLERGENERALS REPORT
VEXPENDITURES DURING THE YEAR
r Fire Risks
1 Gross amount actually paid for losses in
cluding 6476649 losses occurring in pre
vious years 586285 60
2 Deduct all amounts actually received for sal
vages whether on losses of the last or of
previous year 256152 and all amounts
actually received for reinsurance in other
companies 5193215 total deductions 54493 67
3 Net amount paid during the year for losses 531791 93
4 Cash dividends actually paid stockholders amount of stock
holders dividends declared during the year 150000 00
5 Scrip or certificates of profit redeemed in cash and interest
paid to scripholders 17 2
6 Paid for commissions or brokerage 413766 57
7 Paid for salaries fees and other charges of officers clerks
agents and all other employees 47350 00
8 Paid for State national and local taxes in this and other
4fateS 4226941
9 All other payments and expenditures viz Agency expenses
4104053 adjustment expenses 1523035 general ex
penses 1592005 real estate repairs and expenses 1
total 7417622
Aggregate amount of actual expenditures during the
yearinCash 125937138
Business in the State of Georgia during the year
Fire risks written
T 514950 00
I remiums received gross fi
Losses paid
Losses incurred
1754 86
FIREMANS FUND INSURANCE COMPANY OF SAN
FRANCISCO CALIFORNIA
William 1 Dutton PrrMnt t nr
j n rresiaent Louis Weinmann Secretary
Principal Office 401 California Street
Edgar S Wilson Macon Attorney for Service in Georgia
ICAPITAL
1 Whole amount of capital stock
2 Amount paid up in cash J 100000000
p 1000000 00COMPTROLLERGENERALS REPORT
83
IIASSETS
1 Market value of real estate owned by the company
less the amount of incumbrances thereon 2648250
2 Loans on bond and mortgage duly recorded and being
first liens on fee simple 18000 00
4 Value of lands mortgaged exclusive of buildings and
perishable improvements 3600000
9 Total par and market value of stocks and bonds owned
absolutely by the company carried out at market
value 101939000
13 Cash belonging to the company deposited in bank 1305801 46
All other assets both real and personal viz Estimat
ed further amount to be collected on assessment
345775 advances on marine losses 167532
amounts advanced to stockholders on their assess
ment secured by stock of Firemens Fund Insurance
corporation at not exceeding face value 555
12532 total 892575 64
Total assets of the company actual cash market
value 3270574 28
IIILIABILITIES
2 Gross losses in process of adjustment
or in suspense including all report
ed and supposed losses 7288733
3 Losses resisted including interest costs
and other expenses thereon i37
4 Total gross amount of claims for losses 741943 3
5 Deduct reinsurance thereon 34478o 92
6 Net amount of unpaid losses 397i62 38
19 All other demands against the company absolute and
contingent due and to become due admitted and
contested viz Amount set aside to cover contin
gent liability under agreement with policy claim
ants
Stock orders issued to loss claimants
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
500000 00
860681 14
1757843 52
1000000 00
512730 76
327 574 2884
COMPTROLLERGENERALS REPORT

i Gross premiums and bills
in course of collection
at close of last pre
vious year as shown by
that years statement
IVINCOME DURING THE YEAR
Fire Risks
Marine and
Inland Risks
70418 59
91527 54
3 Net collected 70418859 9152754
4 Gross premiums on risks
written and renewed
during the year 1679579 48 546993 06
7 Entire premiums collected
during the year 2 383768 07 638520 60
8 Deduct reinsurance and
return premiums 575455 51 29179533
9 Net cash actually received
for premiums carried
out 180831256 346725275215503783
10 Received for interest on bonds and mortgages 6368 25
11 Received for interests and dividends on stocks and
bonds collateral loans and from all other sources 134748 57
12 Income received from all other sources omitting
increase if any in value of securities viz Rents
867695 22609 19
Profit on sale of real estate and bonds and stocks
35356315 premium on sale of companys stock
340499674 assessment collected 165422500 541278489
15 Aggregate amount of income actually received during
the year in cash 773154873
vExpenditures during the year
Fire Risks
Gross amount actually
paid for losses includ
ing 49051973 losses
occurring in previous
years 9054227 98
Deduct all amounts ac
tually received for sal
vages whether on loss
es of the last or of
previous year 44
24793 and all amounts
actually received for
Marine and
Inland Risks
591810 17COMPTROLLERGENERALS REPORT
85
reinsurance in other
companies 268608667
total deductions 2423032 21 307302 39
3 Net amount paid during
the year for losses 6631195 77 284507 78 6915703 55
4 Cash dividends actually paid stockholders amount of
stockholders dividends declared during the year 40000 00
6 Paid for commissions or brokerage 261364 06
7 Paid for salaries fees and other charges of officers
clerks agents and all other employees 120478 09
8 Paid for State national and local taxes in this and
other States 75459 16
9 All other payments and expenditures viz Advertis
ings 2262426 legal expenses 318650 profit and
loss 6828761 miscellaneous 9391210 18801047
Amount paid for reinsurance of outstanding risks with
Firemens Fund Insurance Corporation May 22
1906 2481730 00
Aggregate amount of actual expenditures during
the year in cash 10084845 33
FIREMENS FUND INSURANCE CORPORATION OF
SAN FRANCISCO CALIFORNIA
William J Dutton President Louis Weinmann Secretary
Principal Office 401 California Street
1capital
1 Whole amount of capital stock
800000 00
IIASSETS
i 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 mort
gage loans total 141881
4 Value of lands mortgaged exclusive
of buildings and perishable improve
ments 430 000 Q
550000 00
230600 0086 COMPTROLLERGENERALS REPORT
5 Value of buildings mortgaged insured
for 4885000 as collateral 94000 00
6 Total value of said mortgaged premises
carried inside 524000 00
7 Amount of other loans Ij2350 00
9 Total par and market value of stocks and bonds owned
absolutely by the company carried out at market
value 2083891 00
11 Total amount loaned on stocks bonds and all other
securities except mortgages 132350 00
2 Cash in campanys principal office 10163 65
13 Cash belonging to company deposited
in bank CrockerWoolworth bank
San Francisco 15973739 National
Park Bank New York 21738495
Corn Exchange Bank Chicago 35
06462 Shawmut National Bank Bos
ton 1768866 Exchange Bank Ma
con Ga 774682 First National
Bank Albuquerque New Mexico
1000000 total 447622 44
Total cash items 457786 09
15 Interest due and accrued on stocks not included in
market value uncollected 141881
16 Interest due and accrued on collateral loans and un
collected M 59
17 Cash in hands of agents and in course of transmis
sion 727709 19
18 Bills receivable not matured taken for fire marine
and inland risks 33637 65
All other assets both real and personal viz Due
from other companies for reinsurance on losses al
ready paid 1154102 due in open account 17291 U7I3 93
Total assets of the company actual cash market
value 423021756
IIILIABILITIES
2 Gross losses in process of adjustment
or in suspense including all reported
and supposed losses 336444 78
3 Losses resisted including interest costs
and other expenses thereon 425000
4 Total gross amount of claims for
losses 340694 78
5 Deduct reinsurance thereon 108521 21
6 Net amount of unpaid losses 232173 57COMPTROLLERGENERALS REPORT 87
7 Gross premiums without any deduction
received and receivable upon all unex
pired fire risks running one year or
less from date of policy 1870
03906 unearned premiums fifty
Per cent 9350IQ S3
7 Gross premiums without any deduc
tion received and receivable upon
all unexpired fire risks running more
than one year from date of policy
278520229 unearned premiums pro
rata 1406412 58
9 Gross premiums without any deduction
including both cash and bills re
ceived and receivable upon all unex
pired time risks 38887022 60 per cent 233322 13
10 Gross premiums without any deduction
received and receivable on all unex
pired marine risks 26852 51
11 Total unearned premiums as computed above carried
out 2601606 75
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 or to become due to agents and brokers 90263 57
20 Total amount of all liabilities except capital stock
and net surplus 292404389
21 Joint stock capital actually paid up in cash 800000 00
23 Surplus beyond capital and all other liabilities 506173 67
24 Aggregate amount of all liabilities including capital
paid up and net surplus 423021756
IVINCOME DURING THE YEAR
Marine and
Fire Risks Inland Risks
4 Gross premiums on risks
written and renewed
during the year 4548250 64 1317551 02
6 Deduct premiums and
bills in course of col
lection at this date 598466 23 129243 26
7 Entire premiums collect
ed during the year 394978441 118830776
8 Deduct reinsurance and
return premiums 661404 00 517513 II88
COMPTROLLERGENERALS REPORT
9 Net cash actually receiv
ed for premiums car
ried out 328838041 67079465 3959175 06
10 Received for interest on bonds and mortgages 5372 42
11 Received for interests and dividends on stocks and
bonds collateral loans and from all other sources 38178 21
12 Income received from all other sources omitting in
crease if any in value of securities viz Rents
402875 amount paid in on account of surplus by
subscribers to capital stock 28970000 profit and
loss 2344 29375219
14 Aggregate amount of income received during the year
in cash 4296477 88
vEXPENDITURES DURING THE YEAR
Marine and
i Gross amount actually Fire inland
paid for losses 76273230 55670834
2 Deduct all amounts ac
tually received for sal
vages whether on
losses of the last or of
previous year 84762
33 and all amounts
actually received for re
insurance in other com
panies 3034847 total
deductions 38824640 122207 83 266038 57
3 Net amount paid during
the year for losses 64052447 29066977
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 enpenditures viz Rents
400000 profit and loss 8167 miscellaneous ex
penses 20349403 total
Aggregate amount of actual expenditures during the
year in cash
931194 24
235166 42
216174 95
49950 90
207575 70
1640062 21
Business in the Slate of Georgia during the yeai
Marine and
Fire
Risks written 869120215
Premiums received gross 11648692
Losses paid 67694 20
Losses incurred 76129 94
Inland Aggregate
0070 00 8741272 15
1276 22 117763 14
41 31 67735 51
41 31 76171 25
COMPTROLLERGENERALS REPORT 89
GEORGIA HOME EIRE INSURANCE COMPANY OE COLUM
BUS GEORGIA
Wm C Coart Secretary
Rhodes Browne President
Principal Office 1046 Broad Street
W P Pattillo Atlanta Attorney for Service in Georgia
ICAPITAL
300000 00
1 Whole amount of capital stock30000ooo
2 Amount paid up in cash
IIASSETS
I Market value of real estate owned JJ0 I27000 00
less the amount of incumbrances thereon
2 Loans on bond and mortgage duly recorded and being
first Hens on the fee simple
A Value of lands mortgaged exclusive ot
4 buildings and perishable improve
ments
s Value of buildings mortgaged insured
for 1985320 as collateral
6 Total value of said mortgaged prem
ises carried inside 46900000
JIlrlnrvllueof stocks andndso
absolutely by the company carried out at market
n Tot mount loaned on Stocks bonds and all other
securities except mortgages
12 Cash in companys principal office 4o3
13 Cash belonging to the company de
3 posited in in Mechanics Nat Bank
New York 186727 National Bank
of Columbus 3i336i6 Home Sav
ings Bank 6294923 totalJ25J9
100190 83
A1fXrSboliri peol viz
Open ledger accounts
Total assets of the company actual cash market
value v
90
COMPTROLLERGENERALS REPORT
2 Gross
inLIABILITIES
losses in process of adjustment
or m suspense including all reported
and supposed losses
3 Losses resisted including interest
costs and other expenses thereon
4i86i 56
1100 00
4 Total gross amount of claims for
losses
i
5 Deduct reinsurance thereon
6 Net amount of unpaid losses
7 Gross premiums without any deduc
tion received and receivable upon all
unexpred fire risks running one
year or less from date of policy
40361429 unearned premiums
ntty per cent
8 Gross premiums withoutany deduction
received and receivable upon all un
42961 56
6783 93
expired fire risks
running more than
one year from date of policy 427
144Si unearned premiums pro rata
201807 14
245130 14
II Totalunearned premiums as computed avTd
15 Dividends deckrecf and remainingunpaidor uncalled
18 Amount of borrowed money
I9 AcontentmHndS T abSlute
Z ff lUe adt0 beC d admitted and
contested viz R
einsurance premiums
36177 63
446937 28
180 00
50904 84
851 37
Tod nrzui
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 capital
3
IVINCOME DURING THE YEAR
1 Gross premiums in course of collec
tion at close of last previous year
as shown by that years statement
535051 12
000 00
458 04
1117509 16
Fire Risks
82805 95
3 Net collected
4 Gross premiums on risks written and
renewed during the year
5 Total
82805 95
818735 95
901541 90COMPTROLLERGENERALS REPORT
91
6 Deduct premiums and bills in course of
collection at this date
7 Entire premiums
year
8 Deduct reinsurance
miums
the
collected dunn
and return pre
106585 22
794956 68
250609 32
9 Net cash actually received for premiums carrie
out
It Received for interest on bonds and mortgages
I Received for interests and dividends on stocks and
bonds collateral loans and from all other sources
la Income received from all other sources omitting in
crease if any in value of securities viz Rents
15 Aggregate amount of income actually received dur
ing the year in cash
VEXPENDITURES DURING THE YEAR
1 Gross amount actually paid for losses Fire
including 2552878 losses occurring
in previous years
2 Deduct all amounts actually received
for salvages whether on losses of the
last or of previous year and all
amounts actually received for rein
surance in other companies 354364
total deductions
544347 36
14567 04
22348 81
4850 58
586113 79
291119 71
60965 it
3 Net amount paid during the year for losses
4 Cash dividends actually paid stockholders amount of
stockholders dividends declared during the year
6 Paidfor 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 Adver
tising and stationery 1128481 legal expenses
48249 open ledger accounts 218345 total
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
230154 53
30000 00
H3957 41
95210 04
32088 01
13 950 75
5i536o 74
4986540 00
80099 96
30603 80
33994 24
92
COMPTROLLERGENERALS REPORT
GIRARD FIRE AND MARINE INSURANCE COMPANY
OF PHILADELPHIA PA
Henry M Gratz President w r
Edwin F Merrill Secretary
Principal Office 633 Chestnut Street Philadelphia Pa
Jno A Whitner Atlanta Attorney for Service in Georgia
ICAPITA
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 3
2 Loans on bond and mortgage duly recorded andbeing first
hens on the fee simple
3 Interest accrued on all said bond and mortgageloans
9 lotal par and market value of stocks and bonds owned ab
solutely by the company carried out at market value
11 lotal amount loaned on stocks bonds and all othe
ties except mortgages
12 Cash in companys principal office
13 Cash belonging to the company deposited hi
bank American Trust Co Chicago 111
919445 Philadelphia Nat Bank 105
75290 The Land Title Trust Co Phil
adelphia 1410638 total
I290j3 73
ler secun
H43I5 70
Total cash items
15 Interest due and accrued on stocksnotincludedin market
value uncollected
16 Interest due and accrued on collateral loans and uncollected
18 Bills receivable not matured taken for fire marine and in
land risks
All other assets both real and personal viz Agents bal
ances less than ninety days old 10619719 perpetual re
insurance pohces in force 402210 perpetual policies of
insurance on companys property 156824 total
Total assets of the company actual cash market value
IIILIABILITIES
2 Gross losses in process of adjustment or in
suspense including all reported and sup
2775o 00
365700 00
4832 69
1238477 00
74280 00
243369 43
14592 53
914 57
5746 74
1787 53
2338450 49
posed losses
111169 00COMPTROLLERGENERALS REPORT
93
3 Losses resisted including interest costs and
other expenses thereon 4500 00
4 Total gross amount of claims for losses 115669 00
5 Deduct reinsurance thereon 3M96 00
6 Net amount of unpaid losses 84173 00
7 Gross premiums without any deduction received and re
ceivable upon all unexpired fire risks running one year or
less from date of policy 37339790 unearned premiums
fifty per cent l86698 95
8 Gross premiums without any deduction received and re
ceivable upon all unexpired fire risks running more than
one year from date of policy 84938256 unearned pre
miums pro rata 466066 82
11 Reserve on perpetual policies 635658 25
20 Total amount of all liabilities except capital stock and net
surplus 1372597 02
21 Joint stock capital actually paid up in cash 500000 00
23 Surplus beyond capital and all other liabilities 465853 47
24 Aggregate amount of all liabilities including capital paid
up and net surplus 2338450 49
IVINCOME DURING THE YEAR
Fire
4 Gross premiums on risks written and re
newed during the year 988992 68
8 Deduct reinsurance and return premiums 286541 71
9
10
11
13
14
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 Collateral
loans 588940 stocks and bonds 4907019 total
Income received from all other sources omitting increase if
any in value of securities viz Bank interest 164129
rents 1588502 total
Received for calls on surplus 40000000 for increase capi
tal 20000000 total
Assignment on perpetual policies 127750 perpetual pre
miums 4564665 gain maturity ledger assets 193055
702450 97
21797 30
54959 59
17526 31
600000 00
48854 70
15 Aggregate amount of income actually received during the
year in cash
1445588 87
94
COMPTROLLERGENERALS REPORT
VEXPENDITURES DURING THE YEAR
Fire
1 Gross amount actually paid for losses in
cluding 2408291 losses occurring in pre
vious years 1187652 61
2 Deduct all amounts actually received for sal
vages whether on losses of the last or of
previous year 220600 and all amounts
actually received for reinsurance in other
companies 23890530 total deductions 241111 30
3 Net amount paid during the year for losses 946541 31
4 Cash dividends actually paid stockholders amount of stock
holders dividends declared during the year 60000 00
6 Paid for commissions or brokerage 193653 66
7 Paid for salaries fees and other charges of officers clerks
agents and all other employees 49283 91
8 Paid for State national and local taxes in this and other
States 21867 86
9 All other payments and expenditures viz Rent 680000
real estate taxes and repairs 779982 loss maturity led
ger assets 126357 postage 533883 advertising 1
07645 traveling expenses 1691088 printing supplies
561249 maps 360799 tariff associations 628273
furniture and fixtures 41938 miscellaneous expenses
273005 perpetual return premiums 3695612 total 94798 31
Aggregate amount of actual expenditures during the
year in cash 1366145 05
GERMAN ALLIANCE FIRE INSURANCE COMPANY
OF NEW YORK
William N Kremer President Charles G Smith Secretary
Principal Office Cor Liberty and Nassau Streets New York
W L Reynolds Atlanta Attorney for Service in Georgia
1CAPITAL
1 Whole amount of capital stock
2 Amount paid up in cash 400000 00
400000 00
11ASSETS
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
34000 00
283 00COMPTROLLERGENERALS REPORT
95
4 Value of lands mortgaged exclusive of build
ings and perishable improvements 2150000
4 Value of buildings mortgaged insured for
3400000 as collateral 33500 00
6 Total value of said mortgaged premises car
ried inside S5000 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 60 00
13 Cash belonging to the company deposited in
bank Citizens Central National Bank 46516 41
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
1161932 00
46576 41
3502 00
147416 41
Total assets of the company actual cash market value 1393709 82
IIILIABILITIES
2 Gross losses in process of adjustment or in
suspense including all reported and sup
posed losses 90453 S3
6 Net amount of unpaid losses 90453 53
7 Gross premiums without any deduction re
ceived and receivable upon all unexpired
fire risks running one year or less from
date of policy 41639514 unearned pre
miums fifty per cent 208197 57
8 Gross premiums without any deduction re
ceived and receivable upon all unexpired
fife risks running more than one year from
date of policy 34922102 unearned pre
miums pro rata 192119 73
11 Total unearned premiums as computed above carried out 400317 30
17 Due and accrued for salaries rent advertising and for
agency and other miscellaneous expenses 43522 01
20 Total amount of all liabilities except capital stock and net
surplus 534292 84
21 Joint stock capital actually paid up in cash 400000 00
23 Surplus beyond capital and all other liabilities 459416 98
24 Aggregate amount of all liabilities including capital paid
up and net surplus 1393709 8296
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
4 Gross premiums on risks written and re
newed during the year
5 Total
6 Deduct premiums and bills in course of col
lection at this date
Fire Risks
123593 56
693738 79
817332 35
147416 41
7 Entire premiums collected during the year 669915 94
8 Deduct reinsurance and return premiums 133298 48
9 Net cash actually received for premiums carried outS
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 Profit on sale or ma
turity of ledger assets
15 Aggregate amount of income actually received during the
year in cash
VEXPENDITURES DURING THE YEAS
53661 46
1565 43
50686 28
38950 95
627820 12
1 Gross amount actually paid for losses in
cluding 6195789 losses occurring in pre
vious years
2 Deduct all amounts actually received for sal
vages whether on losses of the last or of
previous year
Fire Risks
485502 48
6131 6l
3 Net amount paid during the year for losses 479370 87
4 Cash dividends actually paid stockholders amount of stock
holders dividends declared during the year
6 Paid for commissions or brokerage
7 Paid for salaries fees and other charges of officers clerks
agents and all other employees
8 Paid for State national and local taxes in this and other
States
9 All other payments and expenditures viz Miscellaneous
expenses
Aggregate amount of actual expenditures during the
year in cash
48000 00
147264 77
2720 76
12456 95
2375 00
692188 35COMPTROLLERGENERALS REPORT
97
Business in the State of Georgia during the year
Fire risks written 1388715 00
Premiums received gross 26857 93
Losses paid 25933 58
Losses incurred 27048 58
GERMAN AMERICAN FIRE INSURANCE COMPANY
OF NEW YORK CITY
William N Kremer President Charles G Smith Secretary
Principal Office 58 Liberty Street New York
W L Reynolds Atlanta Atorney for Service in Georgia
ICAPITAL
1 Whole amount of capital stock 1500000 00
2 Amount paid up in cash 1500000 00
IASSETS
1 Market value of real estate owned by the company less the
amount of incumbrances thereon 564848 50
2 Loans on bond and mortgage duly recorded and being first
liens on the fee simple 239000 00
3 Interest accrued on all said bond and mortgage loans 332i 00
4 Value of lands mortgaged exclusive of build
ings and perishable improvements 126000 00
5 Value of buildings mortgaged insured for
24200000 as collateral 254000 00
6 Total value of said mortgaged premises car
ried inside 380000 00
9 Total par and market value of stocks and bonds owned ab
solutely by the company carried out at market value 11128049 00
12 Cash in companys principal office 30746 82
13 Cash belonging to the company deposited in
bank National Bank of Commerce of New
York 26131907 GermanAmerican Bank
of New York 1832961 National City
Bank of New York 528962 Dominion
Bank Toronto Canada 1812308 New
York Trust Co of New York 12639412
Title Guarantee and Trust Co of New
York 17624036 Bank of Metropolis of
New York 30443 Peoples Trust Co of
Brooklyn 405452 Corn Exchange Na
7 in
98
COMPTROLLERGENERALS REPORT
tional Bank of Chicago 14477 American
Trust Savings Bank of Chicago 64580
93 Seaboard Bank of San Francisco 15
59741 Bankers Trust Co of Oakland
Cal 749064 total
697868 56
Total cash items 728615 38
15 Interest due and accrued on stocks not included in market
value uncollected 39105 00
17 Cash in hands of agents and in course of transmission 1034809 96
All other assets both real and personal viz Interest ac
crued on bank balances 8714 36
Total assets of the company actual cash market value 13746463 20
IIILIABILITIES
2 Gross losses in process of adjustment or in
suspense including all reported and sup
posed losses 894026 00
3 Losses resisted including interest costs and
other expenses thereon 67490 00
4 Total gross amount of claims for losses 961516 00
5 Deduct reinsurance thereon 294714 80
6 Net amount of unpaid losses 666801 20
7 Gross premiums without any deduction re
ceived and receivable upon all unexpired
lire risks running one year or less from
date of policy 451754938 unearned pre
miums fifty per cent 2258774 69
8 Gross premiums without any deduction re
ceived and receivable upon all unexpired
fire risks running more than one year from
date of policy 687417876 unearned pre
miums pro rata 3777433 34
II Total unearned premiums as computed above carried out 6036208 03
17 Due and accrued for salaries rent advertising and for
agency and other miscellaneous expenses 24438 46
19 All other demands against the company absolute and con
tingent due and to become due admitted and contested
viz Return premiums 485094 reinsurance premiums
38373810 total 388589 04
20 Total amount of all liabilities except capital stock and net
surplus 7116036 73COMPTROLLERGENERALS REPORT 99
21 Joint stock capital actually paid up in cash 1500000 00
23 Surplus beyond capital and all other liabilities 5130426 47
24 Aggregate amount of all liabilities including capital paid
up and net surplus 13746463 20
IVINCOME DURING THE YEAR
Fire Risks
I Gross premiums and bills in course of collec
tion at close of last previous year as shown
by that years statement 1109358 38
4 Gross premiums on risks written and re
newed during the year 10036695 40
5 Total 11146053 78
6 Deduct premiums and bills in course of col
lection at this date 1339891 22
7 Entire premiums collected during the year 9806162 56
8 Deduct reinsurance and return premiums 3639542 89
9 Net cash actually received for premiums carried out 6166619 67
10 Received for interest on bonds and mortgages 9736 42
11 Received for interests and dividends on stocks and bonds
collateral loans and from all other sources 573867 13
12 Income received from all other sources omitting increase
if any in value of securities viz Rents 193409 profit
on sale or maturity of ledger assets during the year over
book values 42051196 total 422446 5
is Aeeregate amount of income actually received during the
D 7172669 27
year in cash s
VEXPENDITURES DURING THE YEAR
Fire Risks
1 Gross amount actually paid for losses in
cluding 69085730 losses occurring in pre
vious years 7237193 93
2 Deduct all amounts actually received for sal
vages whether on losses of the last or of
previous year 2721576 and all amounts
actually received for reinsurance in other
companies 234926174 total deductions 2376477 SO
3 Net amount paid during the year for losses 4860716 43
4 Cash dividends actually paid stockholders amount of stock
holders dividends declared during the year 4S
6 Paid for commissions or brokerage 1097698 32
7 Paid for salaries fees and other charges of officers clerks
agents and all other employees 284073 42100 COMPTROLLERGENERALS REPORT
8 Paid for State national and local taxes in this and other
States 191684 34
9 All other payments and expenditures viz Rents stationery
and printing legal expenses repairs and expenses on real
estate furniture and fixtures postage telegrams tele
phone survey maps etc 575736 64
Aggregate amount of actual expenditures during the
year in cash 7459909 15
Business in the State of Georgia during the year
Fire risks written 11791679 00
Premiums received gross 114925 35
Losses paid 45788 25
Losses incurred 50509 25
GERMANIA FIRE INSURANCE COMPANY OF NEW YORK
Hugo Schumann President Gustav Kehr Secretary
Principal Office 62 William Street New York
S C Williams Attorney for Service in Georgia
ICAPITAL STOCK
1 Whole amount of capital stock 100000 00
2 Amount paid up in cash 100000 00
11ASSETS
1 Market value of real estate owned by the company less the
amount of incumbrances thereon 677000 00
2 Loans on bond and mortgage duly recorded and being first
liens on the fee simple 277000 00
3 Interest due and accrued on all said bond and mortgage
loans 6580 00
4 Value of lands mortgaged exclusive of build
ings and perishable improvements 18100000
5 Value of buildings mortgaged insured for
25250000 as collateral 294500 00
6 Total value of said mortgaged premises car
ried side 475500 00
9 Total par and market value of stocks and bonds owned ab
solutely by the company carried out at market value 3516229 50
12 Cash in companys principal office 16858 87
13 Cash belonging to the company deposited in
bank National Park Bank New York
COMPTROLLERGENERALS REPORT
101
14471413 GermanAmerican Bank New
York 8367434 First Natl Bank of Illi
nois Chicago 4279186 total 271180 33
Total cash items 288039 20
17 Cash in hands of agents and in course of transmission 390975 67
All other assets both real and personal viz Rents due
and accrued 50000 cash in hands of department man
agers 2598340 26483 40
Total 5182307 n
Less balances over three months due 4236 55
Total assets of the company actual cash market value 5178071 22
IIILIABILITIES
1 Losses due and unpaid 148173 70
2 Gross losses in process of adjustment or in
suspense including all reported and sup
posed losses 140421 27
3 Losses resisted including interest costs and
other expenses thereon 18297 00
4 Total gross amount of claims for losses 306891 97
5 Deduct reinsurance thereon 227819 42
6 Net amount of unpaid losses
7 Gross premiums without any deduction re
ceived and receivable upon all unexpired
tire risks running one year or less from
date of policy 155013385 unearned pre
miums fifty per cent 775o66 92
8 Gross premiums without any deduction re
ceived and receivable upon all unexpired
fire risks running more than one year from
date of policy 410998741 unearned pre
miums pro rata 2194844 82
II 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 Unpaid commissions 585948 due reinsurance
companies 1596968
79072 55
2969911 74
21829 16
20 Total amount of all liabilities except capital stock and net
surplus 3070813 45102
COMPTROLLERGENERALS REPORT
21 Joint stock capital actually paid up in cash
23 Surplus beyond capital and all other liabilities
1000000 00
1107257 J7
24 Aggregate amount of all liabilities including capital paid up
and net surplus SI78071 22
IVINCOME DURING THE YSAR
Fire Risks
I Gross premiums and bills in course of collec
tion at close of last previous year as
shown by that years statement 387143 22
3 Net collected 387143 22
4 Gross premiums on risks written and re
newed during the year 3610536 17
5 Total 3997679 39
6 Deduct premiums and bills in course of col
lection at this date 390975 67
7 Entire premiums collected during the year
8 Deduct reinsurance and return premiums
3606703 72
844697 85
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 2711781 profit
on sale of securities 1346957 from reinsurance com
panies 1596968 total
2762005 87
13619 50
222968 19
S57 06
15 Aggregate amount of income actually received during the
year in cash 305515 62
VEXPENDITURES DURING THE YEAR
Fire Risks
1 Gross amount actually paid for losses in
cluding 12439936 losses occurring in pre
vious years 4381731 54
2 Deduct all amounts actually received for sal
vages whether on losses of the last or of
previous year 723554 and all amounts
actually received for reinsurance in other
companies 110454818 total deductions 1111783 72
3 Net amount paid during the year for losses 3269947 8
4 Cash dividends actually paid stockholders amount of stock
holders dividends declared during the year 150000 00
6 Paid for commissions or brokerage 705251 30
COMPTROLLERGENERALS REPORT
10c
7 Paid for salaries fees and other charges of officers clerks
agents and all other employees I765I3 20
8 Paid for State national and local taxes in this and other
States 94131 84
9 All other payments and expenditures viz Rents 11835
17 repairs and expenses on real estate 1867420 profit
and loss account items 4317025 advertising agency and
office expenses board expenses fire patrol postage
printing stationery surveys legal and traveling expenses
12005982 total 193739 44
Aggregate amount of actual expenditures during the
year in cash 4589583 6
Business in the State of Georgia during the year
Fire risks written 3847473 00
Premiums received gross 60335 94
Losses paid 17876 95
Losses incurred 21757 95
GLENS FALLS FIRE INSURANCE CO OF GLENS FALLS N Y
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 5
2 Loans on bond and mortgage duly recorded and being first
liens on the fee simple 073
3 Interest due on all said bond and mortgage loans 173657
interest accrued thereon i337121 total 3
9 Total par and market value of stocks and bonds owned ab
solutely by the company carried out at market value 2679
11 Total amount loaned on stocks bonds and all other securi
ties except mortgages 3
12 Cash in companys office and in bank 347
15 Interest due and accrued on stocks not included in market
value uncollected
495 23
136 06
073 69
125 00
700 00
829 23
624 88104
COMPTROLLERGENERALS REPORT
17 Cash in hands of agents and in course of transmission 203077 22
18 Bills receivable not matured taken for real estate sold 400 00
Total 3965387 62
Less contingent depreciation on maturity loans 20000 00
Total assets of the company actual cash market value 395387 62
IIILIABILITIES
4 Total gross amount of claims for losses 137176 18
5 Deduct reinsurance thereon 17345 22
6 Net amount of unpaid losses 119830
7 Gross premiums without any deduction re
ceived and receivable upon all unexpired
fire risks running more than one year from
date of policy unearned premiums fifty
per cent 421372 6
8 Gross premiums without any deduction re
ceived and receivable upon all unexpired
fire risks running more than one year from
date of policy unearned premiums pro
rata 1298130 15
11 Total unearned premiums as computed above carried out 1719502 76
17 Due and accrued for salaries rent advertising and for
agency and other miscellaneous expenses 20000 00
20 Total amount of all liabilities except capital stock and net
surplus 1859333
21 Joint stock capital actually paid up in cash
23 Surplus beyond capital and all other liabilities
200000 00
1886053 90
24 Aggregate amount of all liabilities including capital paid
up and net surplus 3945387 62
IVINCOME DURING THE YEAR
4 Gross premiums on risks written and re Fire Risks
newed during the year 2157731 76
X Deduct reinsurance and return premiums 464071 54
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 rents
1693660 22
44268 84
164056 33
2644 45
15 Aggregate amount of income actually received during the
year in cash 1904629 84COMPTROLLERGENERALS REPORT 105
vExpenditures during the year
Fire Risks
1 Gross amount actually paid for losses 2214789 99
2 Deduct all amounts actually received for sal
vages whether on losses of the last or of
previous year 31139 and all amounts
actually received for reinsurance in other
companies 60691732 total deductions 607228 71
3 Net amount paid during the year for losses 1607561 28
4 Cash dividends actually paid stockholders amount of stock
holders dividends declared during the year 180000 00
6 Paid for commissions or brokerage 361647 25
7 Paid for salaries fees and other charges of officers clerks
agents and all other employees 155710 06
8 Paid for State national and local taxes in this and other
States 57158 34
9 All other payments and expenditures viz Stationery ad
vertising traveling office etc 103374 96
Aggregate amount of actual expenditures during the
year in cash 2465451 89
Business in the Slate of Georgia during the year
1 ire risks written 4038445 00
Premiums received gross 3755 75
Losses paid 10641 80
Losses incurred 9746 00
GLOBE AND RUTGERS FIRE INSURANCE COMPANY OF NEW
YORK CITY
E C Jameson President Lyman Candee Secretary
Principal Office 7678 William Street New York City
James L Rile 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
2 Loans on bond and mortgage duly recorded and being first
liens on the fee simple 47200 00
3 Interest due on all said bond and mortgage loans 915 81106
COMPTROLLERGENERALS REPORT
6 Total value of mortgaged premises carried
inside 9900000
9 Total par and market value of stocks and bonds owned ab
solutely by the company carried out at market value 1023452 50
11 Total amount loaned on stocks bonds and all other securi
ties except mortgages 1849641 50
12 Cash in companys principal office 8543 22
13 Cash belonging to the company deposited in
bank 160162 92
Total cash items 168706 14
15 Interest due and accrued on stocks and bonds not included
in market value uncollected 21029 41
17 Cash in hands of agents and in course of transmission
Agents balances prior to October 1 1906 874800 35
All other assets both real and personal 43269 72
Total assets of the company actual cash market value 4101960 43
inliabilities
1 Losses adjusted and not yet due 73976 20
2 Gross losses in process of adjustment or in
suspense including all reported and sup
posed losses 277282 60
3 Losses resisted including interest costs and
other expenses thereon 46850 00
4 Total gross amount of claims for losses 398108 80
5 Deduct reinsurance thereon 31939 20
6 Net amount of unpaid losses 366169 60
7 Gross premiums without any deductions re
ceived and receivable upon all unexpired
tire risks running one year or less from
date of policy 293135218 unearned pre
miums fifty per cent 1465676 09
8 Cross premiums without any deduction re
ceived and receivable upon all unexpired
fire risks running more than one year from
date of policy 68208176 unearned pre
miums pro rata 39551766
11 Total unearned premiums as computed above carried out 1861193 75
18 Amount of borrowed money 135000 00
19 All other demands against the company absolute and con
tingent due and to become due admitted and contested
viz Commissions to agents and brokers 81067 52
20 Total amount of all liabilities except capital stock and net
surplus 2443430 87COMPTROLLERGENERALS REPORT 107
21 Joint stock capital actually paid in cash 400000 00
23 Surplus beyond capital and all other liabilities 1258329 5
24 Aggregate amount of all liabilities including capital paid up
1 4101960 43
and net surplus f
1VINCOME DURING THE YEAR
Fire Risks
I Gross premiums and bills in course of col
lection at close of last previous year as
shown by that years statement 723104 43
3 Net collected 723104 43
4 Gross premiums on risks written and re
newed during the year 4126002 43
5 Total 484910686
6 Deduct premiums and bills in course of col
lection at this date 874800 35
7 Entire premiums collected during the year 39743o6 51
8 Deduct reinsurance and return premiums 875140 97
9 Net cash actually received for premiums carried out 3099165 54
10 Received for interest on bonds and mortgages 2562 72
II Received for interests and dividends on stocks and bonds
collateral loans and from all other sources 109240 30
12 Income received from all other sources omitting increase if
any in value of securities viz Rents 525790 profit
on sale or maturity of ledger assets 1323000 total 18507 90
13 Received for borrowed money 91000 00
15 Aggregate amount of income actually received during the
J bfa 3320476 46
year in cash
VEXPENDITURES DURING THE YEAR
Fire Risks
1 Gross amount actually paid for losses in
cluding 35T397i6 losses occurring in pre
vious years 262034338
2 Deduct all amounts actually received for sal
vages whether on losses of the last or of
previous year 2332010 and all amounts
actually received for reinsurance in other
companies 32214486 total deductions 34846496
3 Net amount paid during the year for losses 2271878 42
4 Cash dividends actually paid stockholders amount of stock
holders dividends declared during the year
6 Paid for commissions or brokerage 57550 93tSr
108 COMPTROLLERGENERALS REPORT
7 Paid for salaries fees and other charges of officers clerks
agents and all other employees 73129 88
8 Paid for State national and local taxes in this and other
Statcs 53007 54
9 All other payments and expenditures viz Rent for com
panys occupancy of its own buildings 490000 loss on
sale of bonds 15625 legal expenses 408367 miscel
laneous 4384643 total 52986 35
Aggregate amount of actual expenditures during the
year in cash 3090509 14
Business in the State of Georgia during the year
Fire risks written 200900 00
Premiums received gross 2945 69
HAMBURGBREMEN FIRE INSURANCE COMPANY OF HAMBURG
GERMANY
H R Munchmeyer President pro tem S V Dorrien Managing Director
Principal Office 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 1400000 00
IfASSETS
9 Total par and market value of stocks and bonds owned ab
solutely by the company carried out at market value 1730548 33
1 r Total amount loaned on stocks bonds and all other securi
ties except mortgages 409849 8t
13 Cash belonging to the company deposited in bank Bank of
America 6o 7l6 Q
17 Cash in hands of agents and in course of transmission 118170 33
Total assets of the company actual cash market value 2319585 44
II rLIABILITIES
1 Losses due and unpaid 3675 00
2 Gross losses in process of adjustment or in
suspense including all reported and sup
posed losses 445145 00COMPTROLLERGENERALS REPORT
109
3 Losses resisted including interest costs and
other expenses thereon 100929 00
4 Total gross amount of claims for losses 549749 00
5 Deduct reinsurance thereon 5774
6 Net amount of unpaid losses 491965 00
7 Gross premiums without any deduction re
ceived and receivable upon all unexpired
fire risks running one year or less from
date of policy 123071237 unearned pre
miums fifty per cent 615356 19
8 Gross premiums without any deduction re
ceived and receivable upon all unexpired
fire risks running more than one year from
date of policy 152710859 unearned pre
miums pro rata 803525 51
II Total unearned premiums as computed above carried out 1418881 70
19 All other demands against the company absolute and con
tingent due and to become due admitted and contested
viz Due agents 2709 70
20 Total amount of all liabilities except net surplus 1913556 40
23 Surplus beyond capital and all other liabilities 406029 04
34 Aggregate amount of all liabilities including net surplus 2319585 44
IVINCOME DURING THE YEAR
Fire Risks
4 Gross premiums on risks written and re
newed during the year 2149575 12
8 Deduct reinsurance and return premiums 385906 93
9 Net cash actually received for premiums carried out 1763668 19
II Received for interests and dividends on stocks and bonds
collateral loans and from all other sources 73986 62
14 Amount of remittances from home office dur
ing the year 2932700 73
15 Aggregate amount of income actually received during the
year in cash 1837654 81
VEXPENDITURES DURINC THE YEAR
1 Gross amount actually paid for losses in
cluding 6847824 losses occurring in pre
vious years 3946055 3i
2 Deduct all amounts actually received for sal
vages whether on losses of the last or of
previous year 2748036 and all amounts110 COMPTROLLERGENERALS REPORT
actually received for reinsurance in other
companies 37832994 total deductions 40581030
3 Net amount paid during the year for losses 3540245 01
6 Paid for commissions or brokerage 355214 21
7 Paid for salaries fees and other charges of officers clerks
agents and all other employees 189948 46
8 Paid for State national and local taxes in this and other
States 5098o 35
9 All other payments and expenditures viz Rents board
and patrol expenses printing stationery advertising post
age traveling expenses etc 126330 97
10 Amount sent to home office during the year 200955
Aggregate amount of actual expenditures during the
year in cash 4262719 00
Business in the Slate of Georgia during the year
Fire risks written 1374103 00
Premiums received gross 23843 34
Losses paid l7A97 32
Losses incurred 18032 32
HANOVER FIRE INSURANCE COMPANY OF NEW YORK
R Emory Wariicld President Joseph McCord Secretary
Principal Office 34 Pine Street
F A McCarroll Attorney for Service in Georgia
ICAPITAL
I Whole amount of capital stock 1000000 00
2 Amount paid up in cash 1000000 00
liASSETS
i Market value of real estate owned by the company less the
amount of incumbrances thereon 1129473 00
2 Loans on bond and mortgage duly recorded and being first
liens on the fee simple 35O0 00
5 Interest accrued on all said bond and mortgage loans 14 58
4 Value of lands mortgaged exclusive of build
ings and perishable improvements 2500 00
5 Value of buildings mortgaged 5000 00
6 Total value of said mortgaged premises car
rier inside 7oOO 00
9 Total par and market value 01 scocnS and bonds owned ab
solutely by the company carried out at market value 2494762 75COMPTROLLERGENERALS REPORT
Ill
12 Cash in companys principal office 8237 72
13 Cash belonging to the company deposited in
bank Bank of America 3566315 Ger
manAmerican 302654 Seaboard Na
tional 19637765 Central Trust Co 9
48670 Guarantee Trust Co Philadelphia
20000 total 244754 04
Total cash items
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
252991 76
333350 37
14334 83
Total assets of the company actual cash market value 4228427 29
IIILIABILITIES
1 Losses due and accrued unpaid 7677 31
2 Gross losses in process of adjustment or in
suspense including all reported and sup
posed losses 198927 47
3 Losses resisted including interest costs and
other expenses thereon 29916 63
4 Total gross amount of claims for losses 305561 41
5 Deduct reinsurance thereon 37225 19
6 Net amount of unpaid losses 268336 22
7 Gross premiums without any deduction re
ceived and receivable upon all unexpired
fire risks running one year or less from
date of policy 157166328 unearned pre
miums fifty per cent 785831 64
8 Gross premiums without any deduction re
ceived and receivable upon all unexpired
fire risks running more than one year from
date of policy 230115994 unearned pre
miums pro rata 1191718 10
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 due 1341922 return premiums 1
51060 reinsurance premiums 2899872 total
1977549 74
43928 54
20 Total amount of all liabilities except capital stock and net
surplus 2289814 50112
COMPTROLLERGENERALS REPORT
21 Joint capital actually paid up in cash 1000000 oo
23 Surplus beyond capital and all other liabilities 938612 79
24 Aggregate amount of all liabilities including capital paid up
and net surplus 4228427 29
IVINCOME DURING THE YEAR
Fire Risks
7 Entire premiums collected during the year 3243042 38
8 Deduct reinsurance and return premiums 840888 79
9 Net cash actually received for premiums carried out 2402153 59
10 Received for interest on bonds ands mortgages 175 00
11 Received for interests and dividends on stocks and bonds
collateral loans and from all other sources 131705 97
12 Income received from all other sources omitting increase if
any in value of securities viz Rents 7328283 profits
on sale of securities 55434531 total 128717 36
13 Received for increase capital 500000 for premiums on in
creased capital 250000 total 750000 00
15 Aggregate amount of income actually received during the
year in cash 3412751 92
VEXPENDITURES DURING THE YEAR
Fire Risks
1 Gross amount actually paid for losses in
cluding 23828838 losses occurring in pre
vious years 2954376 73
2 Deduct all amounts actually received for sal
vages whether on losses of the last or of
previous year 960022 and all amounts
actually received for reinsurance in other
companies 38244784 total deductions 39204806
3 Net amount paid during the year for losses 2562328 67
4 Cash dividends actually paid stockholders amount of stock
holders dividends declared during the year 40000 00
6 Paid for commissions or brokerage 483982 27
7 Paid for salaries fees and other charges of officers clerks
agents and all other employees 185980 71
5 Paid for State national and local taxes in this and other
States 737i8 59
9 All other payments and expenditures viz Rents 22689
17 expenses and taxes on real estate 3409688 loss
on sale of securities 484076 other expenditures 165
74510 total 227371 91
Aggregate amount of actual expenditures during the
year in cash 3573382 15COMPTROLLERGENERALS REPORT
118
iness in the State of Qeorgia during the year
Fire risks written 3348103 21
Premiums received gross 37139 43
Losses paid 20791 40
Losses incurred 20822 15
HARTFORD FIRE INSURANCE COMPANY OF HARTFORD CONN
George L Chase President P C Royce Secretary
Principal Office 125 Trumbull Street
Thos Egleston 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 1091187 75
2 Loans on bond and mortgage duly recorded and being first
liens on the fee simple 616600 00
3 Interest due and accrued on said bond and mortgage loans 7026 99
6 Total value of said mortgaged premises car
ried inside 1477400 00
9 Total par and market value of stocks and bonds owned ab
solutely by the company carried out at market value 13055344 25
11 Total amount loaned on stocks bonds and all other securi
ties except mortgages 1000 03
12 Cash in companys principal office 54433 81
13 Cash belonging to the company deposited in
bank Hartford National Bank 15036210
Connecticut Trust and Safe Deposit Com
pany 34152119 J P Morgan Co
New York 28713327 Imperial Bank
Toronto Out 4634163 Northern Trust
Company Chicago 4508690 American
National Bank Hartford 5055569 An
gloCalifornian Bank San Francisco 31
42526 American Exchange National
Bank New York 107308 Union Trust
Company San Francisco 4442089 U S
Mortgage Trust Company New York
1043520 Berkeley National Bank
8 in
114
COMPTROLLERGENERALS REPORT
Berkeley Cal 2072443 First National
Bank Berkeley Cal 1401034 total 1043089 98
Total cash items 1097523 79
15 Interest accrued on other assets 1421 04
16 Interest accrued on collateral loans and uncollected 9 72
17 Cash in hands of agents and in course of transmission 3087116 04
All other assets both real and personal viz Due from
other companies for reinsurance on losses already paid 976i3 98
IIILIABILITIES
2 Gross losses in process of adjustment or in
suspense including all reported and sup
posed losses 1051399 98
3 Losses resisted including interest costs and
other expenses thereon 66494 00
6 Net amount of unpaid losses 1117893 98
7 Gross premiums without any deduction re
ceived and receivable upon all unexpired
fire risks running one year or less from
date of policy 1000249891 unearned pre
miums fifty per cent 5001249 45
8 Gross premiums without any deduction re
ceived and receivable upon all unexpired
fire risks running more than one year from
date of policy 1081597033 unearned pre
miums pro rata 5945291 18
11 Total unearned premiums as computed above carried out 10946540 63
17 Due and accrued for salaries rent advertising and for
agency and other miscellaneous expenses 222105 00
18 Amount of borrowed money 1500000 00
19 All other demands against the company absolute and con
tingent due and to become due admitted and contested
viz Return premiums 31009600 accrued interest
13829836 total 448394 36
20 Total amount of all liabilities except capital stock and net
surplus 14234933 97
21 Joint stock capital actually paid up in cash 2000000 00
23 Surplus beyond capital and all other liabilities 2819909 59
24 Aggregate amount of all liabilities including capital paid
up and net surplus 19054843 56COMPTROLLERGENERALS REPORT
115
IVINCOME DURING THE YEAR
Fire Risks
7 Entire premiums collected during the year 17369095 09
8 Deduct reinsurance and return premiums 3387866 66
9 Net cash actually received for premiums carried out 13981228 43
10 Received for interest on bonds and mortgages 33286 96
11 Received for interests and dividends on stocks and bonds
collateral loans and from all other sources 600373 09
12 Income received from all other sources omitting increase
if any in value of securities viz Conscience money 1
07600 borrowed money 315000000 total 315107600
13 Received for increase capital 37SOooo 00
IS Aggregate amount of income actually received during the
year in cash 2151596448
VEXPENDITURES DURING THE YEAR
Fire Risks
1 Gross amount actually paid for losses in
cluding 93575822 losses occurring in pre
vious years 16115249 97
2 Deduct all amounts actually received for sal
vages whether on losses of the last or of
previous year and all amounts actually re
ceived for reinsurance in other companies 2600229 21
3 Net amount paid during the year for losses 13515020 76
4 Cash dividends actually paid stockholders amount of stock
holders dividends declared during the year 529200 00
6 Paid for commissions or brokerage 2715121 55
7 Paid for salaries fees and other charges of officers clerks
agents and all other employees 774855 21
8 Paid for State national and local taxes in this and other
States 336393 29
9 All other payments and expenditures viz Expenses of all
kinds 102698005 loans paid 165000000 total 2676980 05
Aggregate amount of actual expenditures during the
65 20547570 87
year in cash s D J
Business in the Stale of Georgia during the year
19087425 00
Fnerrsks written 28906487
Premiums received gross
Losses paid 116
COMPTROLLERGENERALS REPORT
THE HOME INSURANCE COMPANY OF NEW YORK
e G Snow President Secretaj
13
Areuah M Burtis
Charles L Tyner
Principal Office 56 Cedar Street
Charles W Phillips Atlanta Attorney for Service in Georgia
1capital
1 Whole amount of capital stock 3000000 00
2 Amount paid up in cash 3000000 00
11ASSETS
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 105300 00
4 Value of lands mortgaged exclusive of build
ings and perishable improvements 119300 00
5 Value of buildings mortgaged insured for
11380000 as collateral 119200 00
Total value of said mortgaged premises car
ried inside 238500 00
Total par and market value of stocks and bonds owned ab
solutely by the company carried out at market value
Cash belonging to the company deposited in bank New
York Trust Co New York 3755017 American Ex
change National Bank New York 41090667 Hanover
National Bank New York 12597386 United States
Mortgage and Trust Co New York 20000000 Stand
ard Trust Company New York 10000000 Morton
Trust Company New York 10000000 Colonial Trust
Company New York 10000000 total
17 Cash in hands of agents and in course of transmission
18 Bills receivable not matured taken for fire marine and
inland risks
All other assets both real and personal viz Counter and
office premiums uncollected
16965120 00
1074430 70
802368 26
821 52
34721 79
Total assets of the company actual cash market value 20839174 33
IIIliabilities
1 Losses due and unpaid 206765 85
2 Gross losses in process of adjustment or in
suspense including all reported and sup
posed losses 1423960 81COMPTROLLERGENERALS REPORT n
3 Losses resisted including interest costs and
other expenses thereon 74697 58
4 Total gross amount of claims for losses 1700424 24
5 Deduct reinsurance thereon 665048 43
6 Net amount of unpaid losses 1035375 81
7 Gross premiums without any deduction re
ceived and receivable upon all unexpired
fire risks running one year or less from
date of policy 637846700 unearned pre
miums fifty per cent 3189234 00
8 Gross premiums without any deduction re
ceived and receivable upon all unexpired
fire risks running more than one year from
date of policy 961554400 unearned pre
miums pro rata 5127764 00
9 Gross premiums without any deduction in
cluding both cash and bills received and
receivable upon all unexpired inland navi
gation and marine risks 23835900 119180 00
10 Gross premiums without any deduction re
ceived and receivable on all unexpired
marine risks 61773 00
11 Total unearned premiums as computed above carried out 8497951 00
17 Due and accrued for salaries rent advertising and for
agency and other miscellaneous expenses Reserve for
taxes etc 50000 00
19 All other demands against the company absolute and con
tingent due and to become due admitted and contested
viz Commissions on unpaid premiums 6870714 re
insurance premiums 77878499 total 847492 13
20 Total amount of all liabilities except capital stock and net
surplus 10430818 94
21 Joint stock capital actually paid up in cash 3000000 00
23 Surplus beyond capital and all other liabilities 7408355 39
24 Aggregate amount of all liabilities including capital paid up
and net surplus 20839174 33
TO BE ANSWERED BY COMPANIES DOING AN INSTALLMENT BUSINESS
Amount of unearned premiums represented
by instalment notes being the whole
amount of such notes 1549129 24
118
COMPTROLLERGENERALS REPORT
IvINCOME DURING THE YEAR
I Gross premiums and bills in
course of collection at close
of last previous year as
shown by that years state
ment H
Marine and
Inland
213296 42 139279 05
3 Net collected 213296 42 139279 05
4 Gross premiums on risks writ
ten and renewed during the
year 13923178 75 48877898
5 Total 14136475 17 628058 03
6 Deduct premiums and bills in
course of collection at this
date 23564403 in596 86
7 Entire premiums collected dur
ing the year 13900830 24 516461 17
8 Deduct reinsurance and return
premiums 4450866 83 248414 24
9 Net cash actually received for
premiums carried out 9449963 41 268046 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 increase if
any in value of securities viz Rents 17890372 profit
on sale or maturity of ledger assets 26933120 profit
and loss and suspense account 3400220 total
9718010 34
4621 21
688593 09
482237 12
15 Aggregate amount of income actually received during the
year in cash 10893461 76
EXPENDITURES DURING THE YEAR
Fire
Gross amount actually paid for
losses including 94683890
losses occuring in previous
years 8505886 02
Deduct all amounts actually re
ceived for salvages whether
on losses of the last or of
previous year 4990101
and all amounts actually re
ceived for reinsurance in
Marine and
Inland
307765 17COMPTROLLERGENERALS REPORT
119
other companies 2314428
15 total deductions
22io02i 72 153407 44
3 Net amount paid during the year
for losses 6294964 30 154357 73 6449322 03
4 Cash dividends actually paid stockholders amount of stock
holders dividends declared during the year 600000 00
6 Paid for commissions or brokerage 1799944 29
7 Paid for salaries fees and other charges of officers clerks
agents and all other employees 536376 38
8 Paid for State national and local taxes in this and other
States 235423 36
9 All other payments and expenditures viz Traveling ex
penses 8573409 advertising 4285336 stationery and
printing 7381679 postage 5650702 telegrams 9
33491 express 1419819 exchange 1067735 legal
expenses 202655 incidentals 29944727 profit and
loss account 3650876 repairs and expenses on real
estate 3399347 taxes on real estate 2436198 rents
7520868 profit on sale or maturity of ledger assets 2
45356 total 767121 98
Aggregate amount of actual expenditures during the
year in cash 10388187 99
Business in the Stale of Georgia during the year
Fire risks written 36301346 00
Premiums received gross 199533 10
Losses paid 137209 5T
Losses incurred 121594 5
INSURANCE COMPANY OF NORTH AMERICA
OF PHILADELPHIA PA
Charles Platt President Greville E Fryer Secretary
Home Office 232 Walnut Street Philadelphia Pa
Edward S Gay Atlanta Attorney for Service in Georgia
1CAPITAL STOCK
1 Amount of capital paid up in
cash 300000000
2 Amount of ledger assets as per balance
December 31 of previous year 1257683405
4 Extended at 12576834 05120
COMPTROLLERGENERALS REPORT
IIINCOME
Marine and
Fire Inland
5 Gross premiums 7051122 23 2261490 4
6 Deduct reinsurance rebate
abatement and return premi
ums 140571457 37524911
7 Total premiums other than
perpetuals 5645407 66 1886241
8 Deposit premiums written on perpetual risks gross
9 Interest on mortgage loans
10 Interest on collateral loans
11 Interest on bonds and dividends on stocks
12 Interest on deposits
14 Gross rents from companys property includ
ing 1000000 for companys own occu
pancy
28983 73
4975 70
389352 21
2606 98
28478 00
7531648 95
35837 93
15 Total interest and rents
16 Profit on sale or maturity of ledger assets
36 From all other sources Perpetual permits transfer fees and
earned deposits 290624 dividends from bad debts pre
viously charged off etc 60966 total
39 Increase in book value
11 Total income 8077439 69
454486 62
51325 29
3515 90
625 00
IIIDISBURSEMENTS
1 Gross amount paid for losses
2 Deduct amount received for
salvage 16017111 and for
reinsurance in other compa
nies 41394708 total
Fire
6089887 92
Marine and
Inland
1775897 8S
10
11
12
13
14
25
240229 56 333888 63
Net amount paid for losses 5849658 36 1442009 25 7291667 61
Deposit premiums returned 29278 92
Paid stockholders for interest or dividends amount de
clared during the year 36000000 360030 00
Commissions or brokerage i55573 57
Salaries fees and all other charges of officers clerks agents
and other employees 493180 84
Rents including 1000000 for companys own occupancy 3M33 70
Repairs and expenses other than taxes on real estate 8107 10
Taxes on real estate 6676 55
All other taxes licenses and insurance department fees 150095 04
Loss on sale or maturity of ledger assets 13788 73
All other disbursements Advertising printing and stationCOMPTROLLERGENERALS REPORT
121
ery 5613852 legal expenses 742934 miscellaneous
24224403 total 3058n 89
29 Reduction in book value of sundry investments 3213 69
34 Bad debts charged off 5oo 01
35 Total disbursements 10250187 65
IVLEDGER ASSETS
1 Book value of real estate unincumbered 43756 25
2 Mortgage loans on real estate first liens 53728348 other
than first 30000 537583 48
3 Loans secured by pledge of bonds stocks or other collaterals 13400 00
4 Book value of bonds excluding interest 693819500 and
stocks 50370000 7441895 00
5 Cash in companys office 316168 deposited in bank Phil
adelphia National Bank Philadelphia 11680270 Girard
National Bank Philadelphia 12299729 Bank of North
America Philadelphia 3658326 Fidelity Trust Com
pany Philadelphia 14989979 First National Bank
Erie Pa 3385224 Erie Trust Company Erie Pa
2843080 Merchants National Bank New York City
3675797 Bank of Montreal Montreal Canada 38024
30 Bank of Montreal St John N B 184719 Bank
of Montreal Halifax N S 1376707 Brown Shipley
Co London England 10911072 London and West
minster Bank London England 2354815 Bank of Liv
erpool Liverpool England 1160148 total 726384 64
6 Agents balances representing business written subsequent
to October 1 1906 1206290 76
7 Agents balances representing business written prior to Oc
tober 1 1906 7354 25
8 Bills receivable not matured taken for marine and inland
risks 33i6i 12
10 Other ledger assets viz Book accounts due company 510 59
11 Total ledger assets 10404086 09
NONLEDGER ASSETS
12 Interest due 88463 and accrued 306362 on mortgages 3948 25
19 Market value of bonds and stocks over book value 244668 00
20 Other nonledger assets viz Reinsurance claims on losses
06162 02
paid
21 Gross assets 10748864 3
DEDUCT ASSETS NOT ADMITTED
25 Agents balances representing business written prior to Oc
tober 1 1906 7354 25
3o Total admitted assets 10741510 n
122
COMPTROLLERGENERALS REPORT
VLIABILITIES
Marine and
r Fire Inland
1 Gross losses adjusted and un
paid due and to become due 94620 39
2 Gross claims for losses in pro
cess of adjustment or in sus
pense including all reported
and supposed losses 338548 61 407600 00
3 Gross claims for losses resisted 20096 00
4 Total 45326s 00 407600 00
5 Deduct reinsurance due or ac
crued 28265 00 70000 00
6 Net amount of unpaid losses
and claims 425000 00 337600 00
7 Gross premiums less reinsurance received
and receivable upon all unexpired fire risks
running one year or less from date of pol
icy 362331704 unearned premiums fif
ty per cent 1811658 52
8 Gross premiums received and receivable upon
all unexpired fire risks running more than
one year from date of policy 550119854
unearned premiums pro rata 2897930 52
9 Gross premiums cash and bills received
and receivable upon all unexpired inland
navigation and marine risks 100 per cent 337650 85
762600 00
12 Total unearned premiums as computed above 5087239 89
13 Amount reclaimable by the insured on perpetual fire insur
ance policies being 90 and 95 per cent of the premium or
deposit received 765227 75
19 Salaries rents expenses taxes bills accounts fees etc due
or accrued 30966 94
20 Commissions brokerage and other charges due or to become
due to agents and brokers 55000 00
21 Reinsurance premiums 1435 32
24 Total amount of all liabilities except capital 6705869 90
25 Capital actually paid up in cash 3000000 00
26 Surplus over all liabilities 1035640 21
27 Surplus as regards policyholders 4035640 21
28 Total liabilities 10741510 11COMPTROLLERGENERALS REPORT
123
Business in the State of Georgia during the year
Marine and
Fire Inland Aggregate
Risks written 6758670 00 26488073 00 33246743 00
Premiums received 122470 73 103948 27 226419 00
Losses paid 6122399 97o56 45 15828044
Losses incurred 77479 27 9Soo6 45 17248s 7
THE JEFFERSON FIRE INSURANCE COMPANY OF
PHILADELPHIA
Sydney E Hutchinson President Charles B Jennings Secretary
Principal Office 325 Walnut Street Philadelphia
Robt N Hughes Atlanta Attorney for Service in Georgia
ICAPITAL
1 Whole amount of capital stock
2 Amount paid up in cash
200000 00
200000 00
IIASSETS
Market value of real estate owned by the company less the
amount of incumbrances thereon
Loans on bond and mortgage duly recorded and being first
liens on the fee simple
Interest due on all said bond and mortgage loans 34000
interest accrued thereon 596491 total
Total value of lands and buildings mortgaged
insured for 3780000 as collateral car
ried inside 88200 00
Total par and market value of stocks and bonds owned ab
solutely by the company carried out at market value
Total amount loaned on stocks bonds and all other securi
ties except mortgages
Cash in companys principal office 2 74
Cash belonging to the company deposited in
bank Drexel Co 1865938 Brown
Bros Co 776533 total 26424 71
i
69488 71
45J3I 00
936 49
564772 41
25000 00
Total cash items
16 Interest due and accrued on collateral loans and uncollected
Cash in hands of agents and in course of transmission
All other assets both real and personal viz Rents due and
accrued 37567 ground rents 270000 reclaimable on
perpetual policies on companys real estate 15000 total
26427 45
9788
96544 67
3225 67
Total assets of the company actual cash market value 831624 28
124 COMPTROLLERGENERALS REPORT
IIILIABILITIES
1 Losses unpaid 16l4 g3
2 Gross losses in process of adjustment or in
suspense including all reported and sup
posed losses 4o667 47
4 Total amount of claims for losses 42282 10
5 Deduct reinsurance thereon 8655 54
6 Net amount of unpaid losses
7 Gross premiums without any deduction re
ceived and receivable upon all unexpired
fire risks running one year or less from
date of policy 39247320 unearned pre
miums fifty per cent 196236 60
8 Gross premiums without any deduction re
ceived and receivable upon all unexpired
fire risks running more than one year from
date of policy 14122016 unearned pre
miums pro rata 102270 07
9 Gross premiums without any deduction in
cluding both cash and bills received and
receivable upon all unexpired inland navi
gation and marine risks 424836 2124 18
II Total unearned premiums as computed above carried out
Reclaimable by assured on perpetual policies being 9095
per cent of deposits
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
4 Aggregate amount of all liabilities including capital paid up
and net surplus
IVINCOME DURING THE YEAR
Firs Risks
I Gross premiums and bills in course of collec
tion at close of last previous year as shown
by that years statement 14758 28
3 Net collected 14758 28
4 Gross premiums on risks written and re
newed during the year 700529 09
5 Total 7IS287 27
6 Deduct premiums and bills in course of col
lection at this date 96544 67
33626 56
300630 85
17402 69
401660 10
200000 00
229964 18
831624 28COMPTROLLERGENERALS REPORT
125
7 Entire premiums collected during the year 618742 70
8 Deduct reinsurance and return premiums 167648 15
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 583569 gain
sale assets 30825 gain on perpetual policies cancelled
3557 policies and transfers 978 total
13 Received for increase surplusr
15 Aggregate amount of income actually received during the
year in cash 554731 61
451094 55
6780 04
15347 60
6509 42
75000 00
VEXPENDITURES DURING THE YEAR
Fire Risks
1 Gross amount actually paid for losses in
cluding 480859 losses occurring in previ
ous years 136636 41
2 Deduct all amounts actually received for sal
vages whether on losses of the last or of
previous year 13727 and all amounts
actually received for reinsurance in other
companies 747463 total deductions 761190
3 Net amount paid during the year for losses
4 Cash dividends actually paid stockholders amount of stock
holders dividends declared during the year
6 Paid for commissions or brokerage
7 Paid for salaries fees and other charges of officers clerks
agents and all other employees
8 Paid for State national and local taxes in this and other
States
9 All other payments and expenditures viz Repairs and
taxes real estate 221920 loss on sale of assets 5897
94 advertising printing supplies and miscellaneous
2377731 total
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
129024 51
10000 00
174796 23
8870 89
10205 21
31894 45
364791 29
419527 00
5604 44
2730 92
3371 92
126
COMPTROLLERGENERALS REPORT
LIVERPOOL AND LONDON AND GLOBE INSURANCE COMPANY
OF LIVERPOOL ENGLAND
Henry W Eaton Resident Manager New York
Principal Office in the United States 45 William Street New York City
B H Abrams Atlanta Attorney for Service in Georgia
ICAPITAL STOCK
I Amount of statutory deposit 200000 00
Amount of ledger assets as per balance
December 31 of previous year 12105731 63
j 12105731 03
Extended at v J J
11INCOME
Gross premiums written or renewed during
the year
Deduct reinsurance rebate abatement and
return premiums
Fire Risks
12267393 15
453I538 58
3 Total premiums other than perpetuals
4 Deposit premiums written on perpetual risks gross
5 Interest on mortgage loans
7 Interest on bonds and dividends on stocks
8 Interest from all other sources
9 Gross rents from companys property includ
ing 3568253 for companys own occu
pancy
7735354 57
2574 V
147115 04
179340 00
18123 91
84644 13
Total interest and rents
Profit on sale or maturity of ledger assets Life income
87538 received from home office 37736i753 I various
items in suspense 1111354 total
429223 08
3785606 45
Total income 953258 81
IIIDISBURSEMENTS
1 Gross amount paid for losses including
58352236 occurring in previous years
2 1 educt amount received for salvage 44040
17 and for reinsurance in other companies
182636373
9332590 95
1870403 90
3 Net amount paid for losses 7462187 05
4 Deposit premiums returned 26316 36
8 Commissions or brokerage 1325250 5COMPTROLLERGENERALS REPORT 127
9 Salaries fees and all other charges of officers clerks agents
and other employees 21 g2 7g
10 Rents including 3568250 for companys own occupancy 60157 56
12 Taxes on real estate x gg I0
13 All other taxes licenses and insurance department fees 183752 77
14 Loss on sale or maturity of ledger assets 12207 29
15 Life expenditure e g2 0
16 Remitted to home office j yet 00 07
17 All other disbursements Advertising 4852001 printing
and stationery 3904154 legal expenses 173717 of
fice furniture 484573 fire departments 467624 boards
of underwriters 8673640 surveys 8068786 travel
ing 6732766 postage express and telegrams 3986443
office expenses 6195495 total 435391 99
18 Total disbursements 11 7ig 4g g
IVLEDGER ASSETS
1 Book value of real estate unincumbered 1851345 44
2 Mortgage loans on real estate first liens 2962950 00
4 Book value of bonds excluding interest 348009379 and
stocks 101810294 4498196 73
5 Cash in companys office 146909 deposited in bank
Hanover National Bank of New York 19437660 New
York Life Insurance Trust Co New York 43500000
United States Trust Co New York 43500000 Union
Trust Co New York 10000000 Farmers Loan and
Trust Co New York 10000000 First National Bank
Chicago 4545120 Bank of California San Francisco
8484963 Union National Bank Oakland Cal 102696
17 Hibernia Bank and Trust Co New Orleans 2152
62 Commercial Bank and Trust Co New Orleans 1
05791 Whitney Central National Bank New Orleans
92456 American Exchange National Bank New York
2399237 Equitable Trust Co New York 2235314
Porto Rico Bank 91927 total 1550242 56
6 Agents balances representing business written subsequent
to October 1 1906 1442330 69
7 Agents balances representing business written prior to Oc
tober 1 1906 3445j 63
11 Total ledger assets 12339527 05
NONLEDGER ASSETS
12 Interest due 215000 and accrued 3685157 on mortgages 39001 57
13 Interest accrued on bonds and stocks 43922 50
15 Interest accrued on other assets 188 90
16 Rents accrued on companys property or lease 10000 00
y

128
COMPTROLLERGENERALS REPORT
18 Market value of real estate over book value
20 Other nonledger assets viz Perpetual policy premium
351 84
77 96
21 Gross assets 12433069 82
DEDUCT ASSETS NOT ADMITTED
4 Agents balances representing business writ
ten prior to October I 1906 3446i 63
7 Depreciation from book value of ledger as
sets to bring same to market value viz
stocks and bonds 62646 73
8 Total 97io8 36
9 Total admitted assets 12335961 46

VLIABILITIES
2 Gross claims for losses in process of adjust
ment or in suspense including all reported
and supposed losses 1400998 05
3 Gross claims for losses resisted 78927 27
4 Total 1479925 32
5 Deduct reinsurance due or accrued 671885 02
6 Net amount of unpaid losses and claims 808040 30
7 Gross premiums less reinsurance received
and receivable upon all unexpired fire risks
running one year or less from date of pol
icy including interest premiums on perpet
ual fire risks 572387819 unearned pre
miums fifty per cent 2861939 09
8 Gross premiums less reinsurance received
and receivable upon all unexpired fire risks
running more than one year from date of
policy 683525066 unearned premiums
pro rata 3642836 54
12 Total unearned premiums as computed above 6504775 63
13 Amount reclaimable by the insured on perpetual fire insur
ance policies being 95 per cent of the premium or deposit
received 220822 54
14 Net premium reserve and all other liabilities except capital
under the life insurance or any other special department 38186 66
20 Commissions brokerage and other charges due or to become
due to agents and brokers 20000 00COMPTROLLERGENERALS REPORT 129
21 Return premiums 6838856 reinsurance premiums 52
09631 120484 87
24 Total amount of all liabilities except capital 7712310 00
27 Surplus as regards policyholders 4623651 46
28 Total liabilities 12335961 46
Business in the State of Georgia during the year
Fire risks written 17255974 00
Premiums received 244266 37
Losses paid 128138 03
Losses incurred 161465 72
LIVERPOOL AND LONDON AND GLOBE INSURANCE COMPANY
OF LIVERPOOL ENGLAND
Henry W Eaton President George W Hoyt Secretary
Home Office 45 William Street New York City
B H Abrams Attorney for Service in Georgia
ICAPITAL STOCK
I Amount of capital paid up in
cash 200000 00
Amount of ledger assets asper balance
December 31 of previous year
Extended at
611263 41
611263 41
IIINCOME
Fire Risks
1 Gross premiums written or renewed during
the year 410709 02
2 Deduct reinsurance rebate abatement and
return premiums 203847 33
3 Total premiums other than perpetuals 206861 69
7 Interest on bonds and dividends on stocks 16625 00
8 Interest from all other sources 1888 90
10 Total interest and rents
13 Total income
9 id
18515 90
225375 59130 COMPTROLLERGENERALS REPORT
IIIDISBURSEMENTS
Fire Risks
1 Gross amount paid for losses including
5009947 in previous years 179153 46
2 Deduct amount received for salvage 30
59510 and for reinsurance in other com
panies 6996161 100556 71
3 Net amount paid for losses 78596 75
5 Paid stockholders for interest or dividends amount de
clared during the year 10013 4
8 Commissions or hrokerage 30711 59
9 Salaries fees and all other charges of officers clerks agents
and other employees 5279 90
13 All other taxes licenses and insurance department fees 79H 48
14 Loss on sale or maturity of ledger assets 10110 52
15 All other disbursements Advertising 107804 printing
and stationery 119887 Board of Underwriters 1220
95 fire departments 16260 surveys 233850 office ex
penses etc 22228 postage expenses and telegrams 1
33216 traveling 6700 legal expenses 5800 total 767840
16 Total disbursements 150302 04
IVLEDGER ASSETS
4 Book value of bonds excluding interest 33634421 and
stocks 18391597 520260 18
5 Cash deposited in bank 79932 89
6 Agents balances representing business written subsequent to
October 1 1906 86143 89
Total ledger assets 686336 96
nonledger assets
13 Jlterest accrued on bonds and stocks 5662 50
21 Gross assets 691999 46
deduct assets not admitted
7 Depreciation from book value of ledger assets to bring same
to market value 20028 93
9 Total admitted assets 671970 53
VLIABILITIES
2 Gross claims for losses in process of adjust
ment or in suspense including all reported
and supposed losses 27250 00
5 Deduct reinsurance due or accrued 8986 00
6 Net amount of unpaid losses and claims 18264
COMPTROLLERGENERALS REPORT 131
7 Gross premiums less reinsurance received
and receivable upon all unexpired fire risks
running one year or less from date of poli
cy including interest premiums on perpet
ual fire risks 17492776 unearned pre
miums fifty per cent 8746388
8 Gross premiums less reinsurance received
and receivable upon all unexpired fire risks
running more than one year from date of
policy 15925477 unearned premiums
pro rata
90744 10
12 Total unearned premiums as computed above 178207 08
19 Salaries rents expenses taxes bills accounts fees etc
due or accrued
20 Commissions brokerage and other charges due or to be 75
come due to agents and brokers
21 Return premiums 624131 reinsurance premiums 11
75850
17999 81
24 Total amount of all liabilities except capital 2207170
25 Capital actually paid up in cash 2000000
26 Surplus over all liabilities 24 998 71
27 Surplus as regards policyholders 445 998 74
28 Total liabilities
671970 53
Business in the State of Georgia during the year
Fire risks written
Premiums received f
Losses paid 7A7S J
T 1015926
Losses incurred
n403 87
LONDON ASSURANCE CORPORATION OF LONDON
ENGLAND
Charles L Case United States Manager
Principal Office in United States 56 Wall Street New York City
W F Manry Atlanta Attorney for Service in Georgia
ICAPITAL
I Whole amount of capital deposit
615000 00132 COMPTROLLERGENERALS REPORT
IIASSETS
p Total par and market value of stocks and bonds owned
absolutely by the company
12 Cash in companys principal office i300 oo
13 Cash belonging to the company depos
ited in bank Bank of New York
New York City 21096611 United
States Mortgage Trust Co New
York 12690250 First National
Bank New York 2601630 Corn
Exchange National Bank Chicago
111 1040961 Wells Fargo Nevada
National Bank San Francisco Cal
9500000 Canadian Bank of Com
merce San Francisco Cal 6336
Union National Bank Oakland Cal
231394 total 46712
Total cash items 472971 82
m Inteest accrued on bonds not included in market
15 niif 25142 09
value uncollected
17 Cash in hands of agents and in course of transmis
sion
All other assets both real and personal viz Due
from other companies for reinsurance on losses
2875 35
already paid
Total assets of the company actual cash market
value 303861822
IIILIABILITIES
i Losses unpaid not yet due 3106900
2 Gross losses in process of adjustment
or in suspense including all report
ed and supposed losses 332715 00
3 Losses resisted including interest costs
and other expenses thereon 9592 00
4 Total gross amount of claims for losses 373376 00
5 Deduct reinsurance thereon 8817300
Net amount of unpaid losses 28520300
7 Gross premiums without any deduction
received and receivable upon all unex
pired fire risks running one year or
less from date of policy 126156665
unearned premiums fifty per cent 630783 32
8 Gross premiums without any deduction
COMPTROLLERGENERALS REPORT
133
received and receivable upon all un
expired fire risks running more than
one year from date of policy 1635
67269 unearned premiums pro rata 905998 38
9 Gross premiums without any deduction
including both cash and bills re
ceived and receivable upon all un
expired inland navigation and ma
rine risks 4174961 unearned fifty
per cent 20874 81
10 Gross premiums without any deduction
received and receivable on all unex
pired marine risks 100 per cent 102846 74
11 Total unearned premiums as computed above car
ried out 1660503 52
17 Due and accrued for salaries rent advertising and
for agency and other miscellaneous expenses ioo 00
19 All other demands against the company absolute and
contingent due and to become due and to become
due admitted and contested viz Return premiums
3802 reinsurance premiums 4206356 total 42101 58
20 Total amount of all liabilities except capital stock and
net surplus 1995307 83
21 Capital deposit 61500000
23 Surplus beyond capital and all other liabilities 428310 39
24 Aggregate amount of all liabilities including capital
paid up and net surplus 303861822
Gross premiums and bills
in course of collection
at close of last previous
year as shown by that
years statement
INCOME DURING THE YEAR
Fire Risks
4 Gross premiums on risks
written and renewed
during the year
5 Total
6 Deduct premiums and
blls in course of col
lection at this date
Marine and
Inland
304697 65 109827 73
2610293 28 939162 74
2914990 93 1048990 47
374875 06 105624 79134
COMPTROLLERGENERALS REPORT
7 Entire premiums collect
ed during the year 2540115 87 943 365 68
8 Deduct reinsurance and
return premiums 647697 26 548385 88
9 Net cash actually re
received for premiums
carried out 1892418 61 394979 80 2287398 41
11 Received for interests and dividends on stocks and
bonds collateral loans and from all other sources 100939 99
12 Income received from all other sources omitting in
crease if any in value of securities viz Bonds re
deemed 10000000 loan redeemed ioooooco 2COoco 00
14 Amount of remittances from home office during the
year 4689201 56
15 Aggregate amount of income actually received during
the year in cash 7277 599 9
1 Gross amount actually
paid for losses includ
ing 19787900 losses
occurring in previous
years
2 Deduct all amounts ac
tually received for sal
vage whether on
losses of the last or of
previous year 64465
32 and all actual
amounts received for
reinsurance in other
companies 325237662
total deductions
EXPENDITURES DURING THE YEAR
Fire Risks
Marine and
Inland
8256544 21 557 196 64
2930380 51 386461 43
3 Xet amount paid during
the year for losses 5326163 70 170735 21 5496898 91
6 Paid for commissions or brokerage 481557 15
7 Paid for salaries fees and other charges of officers
clerks agents and all other employees 135098 10
8 Paid for State national and local taxes in this and
other States 57oi4 71
9 All other payments and expenditures viz Rents
2026337 advertising printing and stationery
1717429 furniture 153005 miscellaneous 84
54167 total 12350938COMPTROLLERGENERALS REPORT 135
oan 100000 00
Bonds purchased 4gi2 so
10 Amount sent to home office during the year 654219 22
Aggregate amount of actual expenditures during
the year in cash 7053209 Q7
Business in the State of Georgia during the year
Marine and
o Fire Risks Inland Aggregate
Fire marine and inland risks ggregaie
written 948359 00 28131000 122966900
Premiums received gross 17297 58 424 01 17721 59
Losses Paid 4292 69 4292 69
Losses incurred 925S 69 9255 69
LONDON LANCASHIRE FIRE INSURANCE COMPANY OF
LIVERPOOL ENGLAND
Archibald G Mcllwaine Jr Manager
Principal Office in United States No 57 and 59 Williams Street New
York City New York
Fred W Cole Attorney for Service in Georgia
IIASSETS
I 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 32849 19
13 Cash belonging to the company de
posited in bank 42923516 cash in
hand of United States trustee 19
65391 total 448889 07
Total cash items
15 Interest due and accrued on stocks not included in
market value uncollected
17 Cash in hands of agents and in course of transmission
18 Bills receivable not matured taken for fire marine
and inland risks
All other assets both real and personal viz Rents due
and accrued 29551 due from other companies for
350000 00
2056809 25
481738 26
31060 41
352537 91
931 26136
COMPTROLLERGENERALS REPORT
reinsurance on losses already paid 18089346 bal
due from other companies 190764 total 183096 61
ances
Total assets of the company actual cash market
value 3456173 70
3
IIILIABILITIES
Losses due and unpaid
Gross losses in process of adjustment
or in suspense including all reported
and supposed losses
Losses resisted including interest costs
and other expenses thereon
4 Total gross amount of claims for losses
5 Deduct reinsurance thereon
30631 00
240257 83
25500 00
296388 83
74872 92
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 154189142
unearned premiums fifty per cent 770945 70
8 Gross premmms without any deduction
received and receivable upon all un
expired fire risks running more than
one year from date of policy 2407
38827 unearned premiums pro
rata 1286162 33
221515 91
11 Total unearned premiums as computed above carried
out 205710803
17 Due and accrued for salaries rent advertising and for
agency and other miscellaneous expenses
19 All other demands against the company absolute and
contingent due and to become due admitted and
contested viz Return premiums 2510316 re
insurance 3960463 less commissions 919740
total
3277 40
555io 39
20 Total amount of all liabilities except net surplus 23374 73
23 Surplus beyond capital and all other liabilities 1118761 97
24 Aggregate amount of all liabilities including net sur
plus 3456173 70COMPTROLLERGENERALS REPORT
137
VINCOME DURING THE YEAR
Gross premiums and bills in course of
collection at close of last previous
year as shown by that years state
ment
Fire Risks
426689 48
Net collected 42668948
Gross premiums on risks written and
renewed during the year 3356i86 19
Total 3782875 67
Deduct premiums and bills in course of
collection at this date 484 687 39
7 Entire premiums collected during
the
year
8 Deduct reinsurance and return premi
3298188 28
1063822 87
14
IS
Net cash actually received for premiums carried out
Received for interest and dividends on stock and
bonds collateral loans and from all other sources
Amount of remittances from home office
during the year 4787 173 91
Aggregate amount of income actually received during
the year in cash
2234365 41
96016 14
2330 381 55
VEXPENDITURES DURING THE YEAR
Fire Risks
I Gross amount actually paid for losses
including 10423567 losses occurring
in previous years 8506346 03
2 Deduct all amounts actually received for
salvages whether on losses of the
last or of previous year 1259106
and all amounts actually received for
reinsurance in other companies 3
71925440 total deductions 3731845 46
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 Rents
1959619 advertising printing and stationery 28
4774500 57
403186 57
160913 84
65 938 93138 COMPTROLLERGENERALS REPORT
62934 furniture and fixtures 126442 miscellane
ous expenses 9623077 total 145720 72
Deficit on rent amount 2641 62
10 Amount sent to home office during the
year 1587243 47
Aggregate amount of actual expenditures during the
year in cash 5552 902 25
Business in the State of Georgia during the year
Fire risks written 603069400
Premiums received gross 58084 17
Losses paid 18207 28
Losses incurred 24141 28
LUMBER MUTUAL FIRE INSURANCE COMPANY OF BOSTON
MASSACHUSETTS
George W Gale President Harry E Stone Secretary
Principal Office 141 Milk Street
William A Wright Atlanta Attorney for Service in Georgia
IIASSETS
2 Loans on bonds and mortgage duly recorded and
being first liens on the fee simple 100000
4 Value of lands mortgaged exclusive of
building and perishable improvements
including water privilege 1000 00
5 Value of buildings mortgaged insured
for 1200 as collateral 3400 00
6 Total value of said mortgaged prem
ises carried inside 440000
9 Total part and market value of stocks and bonds
owned absolutely by the company carried out at
P value 17600000
u Total amount loaned on stocks bonds and all other
securities except mortgages 5000 00
12 Cash in companys principal office 265 18
13 Cash belonging to the company de
posited in bank 103552 06
Total cash items I03gI7
17 Lash in hands of agents and in course of transmis
sion Premiums written direct subsequent to OctoberCOMPTROLLERGENERALS REPORT 139
I 1022206 due from agents for premiums sub
sequent to October 1 1034640 total 20568 46
All other assets both real and personal viz Bonds
deposited with treasurer of Georgia 10000 00
Total assets of the company actual cash market
value 296385 70
IIILIABILITIES
Gross losses in process of adjustment
or in suspense including all reported
and supposed losses
Losses resisted including interest costs
and other expenses thereon
6coo co
6 Net amount of unpaid losses
7 Gross premiums without any deduction received and
receivable upon all unexpired fire risks running one
year or less from date of policy 22203008 un
earned 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 114586 for contingent
commission 64302
20 Total amount of all liabilities except net surplus
23 Surplus beyond capital and all other liabilities
24 Aggregate amount of all liabilities including net sur
plus
7oco oo
111016 04
408 71
1788 88
120213 66
176172 04
296385 70
IVINCOME DURING THE YEAR
Fire Risks
I Gross premiums and bills in course of
icollection at close of last previous
year as shown by that years state
ment 16691 16
3 Net collected 16691 16
4 Gross premiums on risks written and
renewed during the year 257146 64
5 Total 273837 80
6 Deduct premiums and bills in course of
collection at this date 20568 46
7 Entire premurrs collected during the
year 253269 34140
COMPTROLLERGENERALS REPORT
Deduct rebate 34256 and return pre
miums 2835389
28696 45
9 Net cash actually received for premiums carried
out
10 Received for interest on mortgages
11 Received for interest and dividends on stocks 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 Discount
on losses 56885 old accounts 19710 office furni
ture 14471 rent 450 salaries 190972 adj in
come 48948 total
13 Received for premium on bonds sold
5 Aggregate amount of income actually received during
the year in cash
224572 89
72 00
9794 99
3759 86
221 25
238420 99
VEXPENDITURES DURING THE YEAR
Fire Risks
i Gross amount actually paid for losses
including 192242 losses occurring
in previous years 66945 98
3 Net amount paid during the year for losses
4 Cash dividends actually paid stockholders amount of
stockholders dividends declared during the year
Premium on bonds purchased
Interest on bonds purchased
Paid for inspection 1277990 unpaid December 31
1905 64098 since paid 114586 unpaid
7 Paid for salaries fees and other charges of officers
clerks agents and all other employees
9 All other payments and expenditures viz adjusting
77515 exp post and tels 136301 print and adv
180031 office expenses 184224 surveys and maps
165236 office furniture 156432 legal services
14700 profit and loss 70000 total
Aggregate amount of actual expenditures during
the year in cash i
66945 98
68116 02
1935 80
217 58
12275 02
19 528 42
14854 37
183873 19
Business in the State of Georgia during tlic year
Lire risks written
Premiums received gross
Losses paid
Losses incurred
160700 00
4755 29
65 22
65 22COMPTROLLERGENERALS REPORT 141
LUMBER INSURANCE COMPANY OF NEW YORK
G A Mitchell President R H McKelvey Secretary
Principal Office 60 Broadway New York
Prank B Marsh Atlanta Attorney for Service in Georgia
ICAPITAL
i Whole amount of capital stock 200000 00
2 Amount paid up in cash 200000 00
IIASSETS
9 Total par and market value of stocks and bonds owned
absolutely by the company carried out at market
335o02 5
value
12 Cash in companys principal office 000 94
H Cash belonging to the company deposit
ed in bank SLSQi 79
Total cash items S2198 73
15 Interest due and accrued on bonds not included in
market value uncollected 375
17 Cash in hands of agents and in course of transmis
39912 40
sion
All other assets both real and personal viz Due
from other companies for reinsurance on losses al
ready paid Shawnee Fire Ins Co 49692 due
from Lumber Insurers General Agency net premiums
283334 amount to be returned by Insurers Gen
eral Agency when reinsurance effected is settled by
them 111788 4 448 14
Total assets of the company actual cash market
435871 85
value
IIILIABILITIES
2 Gross losses in process of adjustment
or in suspense including all reported
and supposed losses i543 71
3 Losses resisted including interest costs
and other expenses thereon 5ooo 00
4 Total gross amount of claims for losses 20043 71
5 Deduct reinsurance thereon 3X9 37
6 Net amount of unpaid losses 19724 34142
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 138521 81
8 Gross premiums without any deduction
received and receivable upon all un
expired fire risks running more than
one year from date of policy 831 04
II Total unearned premiums as computed above carried
out 139352 85
17 Due and accrued for salaries rent advertising and for
agency and other miscellaneous expenses n43i 94
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
170509 13
200000 00
65362 72
435871 85
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 state
ment
3 Net collected
4 Gross premiums on risks written and re
newed during the year
21340 21
21340 21
383272 07
5 Total 404612 28
6 Deduct premiums and bills in course of
collection at this date 35968 05
7 Entire premiums collected during the
year 368 644 23
8 Deduct reinsurance and return pre
miums 188269 00
9 Net cash actually received for pre
miums carried out 180375 23
I I 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 25 Lacka
12829 67
COMPTROLLERGENERALS REPORT
wanna Steel Co bond 100000 25 Natural Food
Co bonds 132000 discounts on loss paid 57414
15 Aggregate amount of income actually received during
the year in cash
143
2894 J4
196099 04
EXPENDITURES DURING THE YEAR
Fire Risks
1 Gross amount actually paid for losses
including 376730 losses occurring
in previous years
2 Deduct all amounts actually received
for reinsurance in other companies
131693 05
55734 32
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
Aggregate amount of actual expenditures during
the year in cash
75958 73
30000 00
43403 14
11165 86
1672 87 250 94
162451 54
MERCANTILE MUTUAL FIRE INSURANCE COMPANY OF
PROVIDENCE R I
Henry T Grant President Agnew W Eddy Secretary
Principal Office 10 Weybosser Street Providence R I
Wm A Wright Atlanta Attorney for Service in Georgia
nASSETS
9 Total par and market value of stocks and bonds owned
absolutely by the company carried out at market
value 170970 00
11 Total amount loaned on stocks bonds and all securi
ties except mortgages 3gco 00
13 Cash belonging to the company deposited in bank
Industrial Trust Co 1587184 Westminster Bank
5000000 total 6587184
15 Interest due and accrued on stocks not included in
market value Uncollected 186000144
COMPTROLLERGENERALS REPORT
16 Interest due and accrued on collateral loans and un
collected
17 Cash in hands of agents and in course of transmis
sion
Total assets of the company actual cash market
value
IIILIABILITIES
2 Gross losses in process of adjustment or in suspense
including all reported and supposed losses
7 Gross premiums without any deduction received and
receivable upon all unexpired fire risks running one
year or less from date of policy 22871175 un
earned premiums fifty per cent
i9 All other demands against the company absolute and
contingent due and to become due admitted and
contested viz State tax due in April 1907
20 Total amount of all liabilities except net surplus
23 Surplus beyond capital and all other liabilities
24 Aggregate amount of all liabilities including net
surplus
VINCOME DURING THE YEAR
Fire Risks
I Gross premiums and bills in course of
collection at close of last previous
year as shown by that years state
ment
6107 S3
2 Net collected 6107 53
4 Gross premiums on risks written dur
ing the year 245343 5
126 67
4470 96
247099 47
8404 57
114355 87
4574 23
127334 67
119764 80
247099 47
5 Total 2SM5I ll
i Deduct premiums and bills in course of
collection at this date 4470 96
7 Entire premiums collected during the
year 246980 15
8 Deduct reinsurance and return pre
miums 16994 56
9 Net cash actually received for premiums carried
out 229985 59
11 Received for interests and dividends on stocks and
bonds collateral loans and from all other sources 13586 98
12 Income received from all other sources omitting inCOMPTROLLERGENERALS REPORT
145
crease if any in value of securities viz Profit on
sale of stocks 18866 00
15 Aggregate amount of income actually received during
the year in cash 262438 57
VEXPENDITURES DURING THE YEAR
I Gross amount actually paid for losses including
167922 losses occurring in previous years 25832 62
4 Cash dividends actually paid stockholders amount of
stockholders dividends declared during the year 185349 o
7 Paid for salaries fees and other charges of officers
clerks agents and all other employees 15016 70
8 Paid for State national and local taxes in this and
other States 4507 09
9 All other payments and expenditures viz Rent
135000 office incidental and traveling 674094 8090 94
Aggregate amount of actual expenditures during
the year in cash 238796 36
Business in the State of Georgia during the year
Fire risks written 1251750 00
Premiums received gross 9236 77
Losses paid 2171 74
Losses incurred 2171 74
MICHIGAN COMMERCIAL INSURANCE COMPANY OF
LANSING MICHIGAN
Frank A Hooker President A D Baker Secretary
Principal Office 118120 W Ottawa Street Lansing Mich
Rhodes Brown Attorney for Service in Georgia
ICAPITAL
1 Whole amount of capital stock 30000000
2 Amount paid up in cash 300000 00
IIASSETS
1 Market value of real estate owned by the company
less the amount of incumbrance thereon 7500 00
2 Loans on bond and mortgage duly recorded and
being first liens on the fee simple 282562 50
3 Interest due on all said bond and mortgage loans
46100 interest accrued thereon 348300 total 3944 00
JO InV
146 COMPTROLLERGENERALS REPORT
4 Value of lands mortgaged exclusive of
buildings and perishable improve
ments 189475 00
5 Value of buildings mortgaged insured
for 30952500 as collateral 529350 00
7 Amount of loans 71882500
9 Total par and market value of stocks and bonds owned
absolutely by the company carried out at market
330621 60
value
12 Cash in companys principal office 3C50 00
13 Cash belonging to the company deposit
ed in bank Guardian Trust and
Savings Bank Cleveland Ohio
500000 City National Bank Lan
sing Mich 7070612 78756 12
15 Interest accrued on bonds not included in market
value uncollected 423S
16 Interest due and accrued on bank deposits and un
11 j 59 IO
collected
All other assets both real and personal viz Agents
balances representing business written subsequent
to October I 1906 13669567 agents balances
representing business written prior to October 1
1906 i99io total I36894 77
Total assets of the company actual cash market
value 84502409
DEDUCT ASSETS NOT ADMITTED
Agents balances on business written prior to Oc
tober I 1906 9 10
Total admitted assets 84482499
IIILIABILITIES
2 Gross losses in process of adjustment
or in suspense including all reported
and supposed losses 8192431
3 Losses resisted including interest costs
and other expenses thereon 3375 00
4 Total gross amount of claims for
losses 8S299 31
5 Deduct reinsurance thereon 23028 67
6 Net amount of unpaid losses 6227064COMPTROLLERGENERALS REPORT
147
Gross premiums without any deduction
received and receivable upon all unex
pired fire risks running one year or
less from date of policy 41634710
unearned premiums fifty per cent 208173 55
Gross premiums without any deduction
received and receivable upon all unex
pired fire risks running more than
one year from date of policy 218
29018 unearned premiums pro
rata 168832 22
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
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
377oos 77
4447 19
443723 60
300000 00
101101 39
24 Aggregate amount of all liabilities including capital
paid up and net surplus 844824 99
IVINCOME DURING THE YEAR
Fire Risks
I Gross premiums and bills in course of
collection at close of last previous
year as shown by that years state
ment 41629 13
3 Net collected 41629 13
4 Gross premiums on risks written and
renewed during the year 955357 95
5 Total 996987 08
6 Deduct premiums and bills in course of
collection at this date 136894 77
7 Entire premiums collected m during the
year 860092 31
8 Deduct reinsurance and return pre
miums 37i8i7 09
9 Net cash actually received for premiums carried out 488275 22
10 Received for interest on bonds and mortgages 867890148
COMPTROLLERGENERALS REPORT
II Received for interests and dividends on stock and
bonds collateral loans and from all other sources 12055 67
Profit on bonds sold 4290 co
13 Received for premium on companys stock 7000000
for increase capital 10000000 total 170000 00
15 Aggregate amount of income actually received during
the year in cash 683299 79
VEXPENDITURES DURING THE YEAR
Fire Risks
1 Gross amount actually paid for losses
including 1815189 losses occurring
in previous years 244280 68
2 Deduct all amounts actually received for
salvages whether on losses of the
last or of previous year 1 14468
and all amounts actually received for
reinsurance in other companies 109
13962 total deductions 110284 30
3 Net amount paid during the year for losses 133996 38
6 Paid for commissions or brokerage 134896 96
7 Paid for salaries fees and other charges of officers
clerks agents and all other employees 40662 63
8 Paid for State national and local taxes in this and
other States 19086 68
9 All other payments and expenditures viz Advertis
ing 304247 adjusting 306360 maps 447070
printing 954783 freight and express 221441
telephone and telegraph 80356 office supplies
329665 furniture and fixtures 117975 inspection
315442 fire patrol 62461 postage 336515 legal
expense 68192 traveling expenses 2158719 mis
cellaneous expenses 182258 rent 90000 total 59754 84
10 Premiums on bonds purchased 981 25
Aggregate amount of actual expenditures during
the year in cash 389378 74
Business in the State of Georgia during the year
Fire risks written 26900 00
Premiums received gross 1 458 45COMPTROLLERGENERALS REPORT
149
MILWAUKEE MECHANICS FIRE INSURANCE COMPANY OF
MILWAUKEE WISCONSIN
William L Jones President Oscar Griebling Secretary
Principal Office 442444 City Hall Square
E E Paschall Atlanta Attorney for Service in Georgia
ICAPITAL
I 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 12100000
2 Loans on bond and mortgage duly recorded and
being first liens on the fee simple 110520228
3 Interest due on all said bond and mortgage loans
259137 interest accrued thereon 1712341 total 19714 78
4 Value of lands mortgaged exclusive of
buildings and perishable improve
ments 148835200
5 Value of buildings mortgaged insured
for 972 29100 as collateral 1304650 00
6 Total value of said mortgaged premises
carried inside 2793002 00
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 bonds and all other
securities except mortgages
12 Cash in companys principal office 3416 10
13 Cash belonging to the company de
posited in bank First National
Bank of Milwaukee Wis 175970 30
1084707 50
35000 00
Total cash items
15 Interest due and accrued on stocks not included in
market value uncollected
16 Interest due and accrued on collateral loans and un
collected
17 Cash in hands of agents and in course of transmission
All other assets both real and personal viz Deposit
Milwaukee Board of Underwriters 10000 due from
reinsurance companies 470234 total
179386 40
9658 33
320 83
199386 71
4802 34
Total
2759179 17150
COMPTROLLERGENERALS REPORT
Deduct fund for claimants April 21 1906 15975199
reserve retained for reinsurance companies 95
64622 total
Total assets of the company actual cash market
value
255398 21
2503780 96
IIILIABILITIES
1 Losses not yet due and unpaid
2 Gross losses in process of adjustment
or in suspense including all reported
and supposed losses
4 Total gross amount of claims for
losses
5 Deduct reinsurance thereon
25234 18
54857 76
80091 94
12543 70
396975 05
6 Net amount of unpaid losses
7 Gross premiums without any deduc
tion received and receivable upon all
unexpired fire risks running one year
or less from date of policy 79395 11
unearned 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 1953
45692 unearned premiums pro rata 1038970 33
11 Total unearned premiums as computed above carried
out
67548 24
1435945 38
20 Total amount of all liabilities except capital stock
and net surplus L503493 62
21 Joint stock capital actually paid up in cash 50000000
23 Surplus beyond capital and all other liabilities 500287 34
24 Aggregate amount of all liabilities including capital
paid up and net surplus 2503780 96
IVINCOME DURING THE YEAR
i Gross premiums and bills in course of
collection at close of last previous
year as shown by that years state
merit
Fire Risks
291352 07
3 Net collected
291352 07COMPTROLLERGENERALS REPORT
151
4 Gross premiums on risks written and
renewed during the year 1948372 20
5 Total 2239724 27
6 Deduct premiums and bills in course of
collection at this date 267842 38
7 Entire premiums collected during the
year 197188189
8 Deduct reinsurance and return pre
miums 55187809
9 Net cash actually received for premiums carried out 1420003 80
10 Received for interest on bonds and mortgages 114579 74
11 Received for interest and dividends on stocks and
bonds collateral loans and from all other sources 7672 43
12 Income received from all other sources omitting in
increase if any in value of securities viz Rents
397000 agents balances heretofore charged off
57734 conscience fund 10000 total 464734
13 Received for increase capital 30000000 at 200 per
icent 600000 00
15 Aggregate amount of income actually received during
the year in cash 2146903 31
VEXPENDITURES DURING THE YEAR
Fire Risks
1 Gross amount actually paid for losses
including 9619764 losses occurring
in previous years 665176 69
2 Deduct all amounts actually received for
salvages whether on losses of the
last or of previous year 535493
and all amounts actually received for
reinsurance in other companies 115
64430 total deductions 12099923
3 Net amount paid during the year for losses 544177 46
4 Cash dividends actually paid stockholders amount of
stockholders dividends declared during the year 40000 og
6 Paid for commissions or brokerage 367062 90
7 Paid for salaries fees and other charges of officers
agents and all other employees 100796 87
8 Paid for State national and local taxes in this and
other States 60716 80
9 All other payments and expenditures viz Rents
620825 traveling and adjusting 1897451 adver
tising printing and stationery 1641646 legal152
COMPTROLLERGENERALS REPORT
194006 miscellaneous 473968 loss on sales
and depreciation of ledger assets 2746358 total 118399 64
10 Transferred to fund for claimants on April 21 1906 in
accordance with the safety fund law of the State of
Wisconsin 1551648 09
Reserve retained for reinsurance company 96541 79
Aggregate amount of actual expenditures during
the year in cash 2879343 55
Business in the State of Georgia during the year
Fire risks written
Premiums received gross
Losses paid
Losses incurred
841863 CO
14652 30
10074 65
6609 44
NATIONAL FIRE INSURANCE COMPANY OF HARTFORD
CONNECTICUT
James Nichols President B R Stillman Secretary
Principal Office 95 Pearl Street
W R Kimbell Attorney for Service in Georgia
ICAPITAL
1 Whole amount of capital stock
2 Amount paid up in cash
T000000 00
1 000000 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
4 Value of lands mortgaged exclusive of
buildings and perishable improve
ments 645670 00
5 Value of buildings mortgaged insured
for 686450 as collateral 114510000
461328 69
630192 00
6 Total value of said mortgaged premises
carried inside 1790770 00
9 Total par and market value of stocks and bonds owned
absolutely by the company carried out at market
value 4880797 00COMPTROLLERGENERALS REPORT
153
12 Cash in companys principal office 900 68
13 Cash belonging to the company de
posited in bank Charter Oak Na
tional Bank 31489726 Aetna Na
tional Bank 6841 State Bank
992261 total 324882 28
Total cash items 325788 96
17 Cash in hands of agents and in course of transmis
sion 778745 89
Total assets of the company actual cash market
value 7076 852 54
IIILIABILITIES
1 Losses not due and unpaid 134606 37
2 Gross losses in process of adjustment
or in suspense including all reported
and supposed losses 364272 29
3 Losses resisted including interest costs
and other expenses thereon 17830 05
6 Net amount of unpaid losses 516708 71
7 Gross premiums without any deduction
received and receivable upon all un
expired fire risks running one year or
less from date of policy 3385
38722 unearned premiums fifty per
cent 1692693 61
Gross premiums without any deduction
received and receivable upon all un
expired fire risks running more than
one year from date of policy 4 133
77465 unearned premiums pro rata 2189008 48
11 Total unearned premiums as computed above carried
out
18 Amount of borrowed money
20 Total amount of all liabilities except capital stock and
net surplus
2i 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
3881702 09
450000 00
4848410 80
1000000 00
1228 441 74
7076852 54
154
COMPTROLLERGENERALS REPORT
IVINCOME DURING THE YEAR
4 Gross premiums on risks written and
renewed during the year 7382430 59
8 Deduct reinsurance and return pre
miums 2391391 38
9 Net cash actually received for premiums carried out 4991039 21
10 Received for interest on bonds and mortgages 35669 14
11 Received for interest and dividends on stocks and
bonds collateral loans and from all other sources 206922 15
12 Income received from all other sources omitting in
crease if any in value of securities viz Rents 14
66944 profit and loss account profits on sales 47
05417 agents balances recovered 151130 borrowed
money 105000000 total 1113234 91
15 Aggregate amount of income actually received during
the year in cash 6346865 41
VEXPENDITURES DURING THE YEAR
Fire Risks
i Gross amount actually paid for losses
including 25890039 losses occurring
in previous years 5984339 85
2 Deduct all amounts actually received for
salvages whether on losses of the
last or of previous year 13 10673
and all amounts actually received for
reinsurance in other companies 1
40570556 total deductions 141881229
3 Net amount paid during the year for losses 4365527 56
4 Cash dividends actually paid stockholders amount of
stockholders dividends declared during the year 70000 00
6 Paid for commissions or brokerage 921308 21
7 Paid for salaries fees and other charges of officers
clerks agents and all other employees 389651 24
8 Paid for State national and local taxes in this and
other States 168902 54
9 All other payments and expenditures viz Real estate
repairs 293604 advertising field work and inci
dental expenses 16039364 office furniture books
and stationery 3784224 traveling adjustment and
miscellaneous expenses 13680366 borrowed money
60000000 total 937975 58
igate amount of actual expenditures during
the year in cash 7053 365 13COMPTROLLERGENERALS REPORT
155
Business in the State of Georgia during the year
Fire risks written 4351253
Premiums received gross 45649 o
Losses paid 254i8 09
Losses incurred 31459 5
NATIONAL UNION FIRE INSURANCE COMPANY OF PITTS
BURG PA
E E Cole President B D Cole Secretary
Principal Office 401 Wood Street
H Gould Bassett Augusta Attorney for Service in Georgia
ICAPITAL
1 Whole amount of capital stock 1000000 00
2 Amount paid up in cash 75000000
IIASSETS
2 Loans on bond and mortgage duly recorded and being
first liens on the fee simple 323747 00
3 Interest due on all said bond and mortgage loans
20400 interest accrued thereon 555288 total 5756 88
4 Value of lands mortgaged exclusive of buildings and
perishable improvements 626380 00
5 Value of buildings mortgaged insured
for 28065000 as collateral 312360 00
6 Total value of said mortgaged premises
carried inside 93874 00
9 Total par and market value of stocks and bonds owned
absolutely by the company carried out at market
value 1374457 50
11 Total amount loaned on stocks bonds and all other
securities except mortgages 30000 00
12 Cash in companys principal office 2974 76
13 Cash belonging to the company de
posited in bank Mellon National
Bank Pittsburg Pa 131 14328
Second National Bank Pittsburg Pa
8114501 Commonwealth Trust Co
Pittsburg Pa 1035781 Wilkinsburg
Real Estate Trust Co Wilkinsburg
Pa 1529655 Colonial Trust Sav156
COMPTROLLERGENERALS REPORT
ings Bank Chicago 111 1136398
Security Bank of Minn Minneapolis
Minn 89034 total 250196 97
Total cash items
15 Interest due and accrued on bonds not included in
market value uncollected
17 Cash in hands of agents and in course of transmis
sion
Total assets of the company actual cash market
value
253171 7o
1610 co
252066 44
2240809 55
IIILIABILITIES
Losses not due and unpaid 7709 89
Gross losses in process of adjustment
or in suspense including all reported
and supposed losses 119643 57
Losses resisted including interest costs
and other expenses thereon 34225 54
Total gross amount of claims for losses 161580 co
Deduct reinsurance thereon 37885 83
Net amount of unpaid losses 123X9 3 17
Gross premiums without any deduction
received and receivable upon all un
expired fire risks running one year
or less from date of policy 811
28738 unearned premiums fifty per
nt 405643 69
Gross premiums without any deduction
received and receivable upon all un
expired lire risks running more than
one year from date of policy 1089
18425 unearned premiums pro rata 622871 74
23
i
Total unearned premiums as computed above carried
out
Total amount of all liabilities except capital stock and
net surplus f
Joint stock capital actually paid up in cash
Surplus beyond capital and all other liabilities
1028515 43
1152208 60
750000 00
338600 95
egate amount of all liabilities including capital
paid up and net surplus
2240 8C9 55COMPTROLLERGENERALS REPORT
157
VINCOME DURING THE YEAR
Fire Risks
I Gross premiums and bills in course of
collection at close of last previous
year as shown by that years state
ment 1003 3
3 Net collected 1003 03
4 Gross premiums on risks written and
renewed during the year r939139 46
5 Total 1940142 49
6 Deduct premiums and bills in course of
collection at this date 4920 47
7 Entire premiums collected during the
year 1935222 02
8 Deduct reinsurance and return pre
miums 706 803 27
9 Net cash actually received for premiums carried out 1 228418 65
10 Received for interest on bonds and mortgages 24228 88
n Received for interest and dividends on stocks and
bonds collateral loans and from all other sources 73429 46
12 Income received from all other sources omitting in
crease if any in value of securities viz Profit on
sale of A T S F Ry bonds 500 00
13 Received for calls on capital Assessment of 140 per
cent to provide for San Francisco losses 1050000 00
15 Aggregate amount of income actually received during
the year in cash 2376 576 99
VEXPENDITURES DURING THE YEAR
Fire Risks
1 Gross amount actually paid for losses
including 8944048 losses occurring
in previous years 2116879 89
2 Deduct all amounts actually received for
salvages whether on losses of the
last or of previous year 325395 and
all amounts actually received for rein
surance in other companies 48889816
total deductions 492152 11
3 Net amount paid during the year for losses 1624727 78
4 Cash dividends actually paid stockholders amount of
stockholders dividends declared during the year 30000 00
6 Paid for commissions or brokerage 262464 73158
COMPTROLLERGENERALS REPORT
7 Paid for salaries fees and other charges of officers
clerks agents and all other employees 7794 x6
8 Paid for State national and local taxes in this and
other States 45887 22
9 All other payments and expenditures viz Maps
furniture and fixtures rents printing advertising
home office expenses and traveling expenses 204046 30
Aggregate amount of actual expenditures during
the year in cash 2245067 19
Business in the State of Georgia during the year
Fire risks written 1643202 00
Premiums received gross 19480 64
Losses paid 7026 98
Losses incurred 7089 27
NEW HAMPSHIRE FIRE INSURANCE COMPANY OF MAX
CHESTER NEW HAMPSHIRE
Frank E Martin cPrPtnrip5
Frank W Sargeant President w Secretares
F C Robinson Atlanta Attorney for Service in Georgia
Principal Office 876 Elm Street
tCAPITAL
1 Whole amount of capital stock 1000000 00
2 Amount paid up in cash 1000000 00
IIASSETS
i Market value of real estate owned by the company less
the amount of incumbranccs thereon 183000 co
2 Loans on bond and mortgage duly recorded and being
first liens on the fee simple 270750 00
3 Interest due on mortgage loans 354300 interest ac
crued on bonds 1766651 total 21209 51
4 Value of lands mortgaged exclusive of
buildings and perishable improve
ments 26l750 00
5 Value of buildings mortgaged insured
for 28765000 as collateral 422250 00
6 Total value of said mortgaged prem
ises carried inside 68400000COMPTROLLERGENERALS REPORT
159
9 Total par and market value of stocks and bonds owned
absolutely by the company carried out at market
value 3279041 00
11 Total amount loaned on stocks bonds and all other
securities except mortgages 11000000
12 Cash in companys principal office 719 63
13 Cash belonging to the company deposit
ed in bank 240235 57
Total cash items 240955 20
16 Interest due and accrued on collateral loans and un
collected 472 00
17 Cash in hands of agents and in course of transmis
sion 195978 50
All other assets both real and personal viz Due
from other companies for reinsurance on losses al
ready paid 645998 10 per cent subscription to
297 shares Chicago Milwaukee St Paul Railway
Co common stock at par certificate not delivered
2 97000 9429 98
Total assets of the company actual cash market
value 431083619
IIILIABILITIES
i Losses due and unpaid 77827 33
2 Gross losses in process of adjustment
or in suspense including all reported
and supposed losses 159637 00
3 Losses resisted including interest costs
and other expenses thereon 1216400
4 Total gross amount of claims for losses 249628 33
5 Deduct reinsurance thereon 36780 60
6 Net amount of unpaid losses 212 847 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 131427212
unearned premiums fifty per ceht 657136 06
8 Gross premiums without any deduction
received and receivable upon all unex
pired fire risks running more than
one year from date of policy 2021
52650 unearned premiums pro rata 1064170 61
II Total unearned premiums as computed above carried
out 172130667160
COMPTROLLERGENERALS REPORT
17 Due and accrued for commissions
18 Amount of reinsurance and return premiums
19 All other demands against the company absolute
and contingent due and to become due admitted
and contested viz Contingent reserve fund 50
00000 sinking fund for office building 2000000
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
2057 44
47566 10
70000 00
2053777 94
1000000 00
l2570S8 25
4310836 19
IVINCOME DURING THE YEAR
I Gross premiums and bills in course of
collection at close of last previous
year as shown by that years state
ment
Fire Risks
270171 95
3 Net collected 270171 95
4 Gross premiums on risks written and re
newed during the year 2619232 94
2889404
5 Total
6 Deduct premiums and bills in course of
collection at this date 277030 08
7 Entire premiums collected during the
year
8 Deduct reinsurance and return pre
miums
2612374 81
406861 23
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
1603819 premiums credited on investments sold
261250 loss and gain account 67035 total
2205513 58
18524 60
141498 46
19321 04
15 Aggregate amount of income actually received during
the year incash 2384857 68COMPTROLLERGENERALS REPORT 161
VEXPENDITURES DURING THE YEAR
1 Gross amount actually paid for losses RiSkS
including 19483714 losses occurring
in previous years 1846542 72
2 Deduct all amounts actually received for
salvages whether on losses of the
last or of previous year 2096954
and all amounts actually received for
reinsurance in other companies 547
40211 total deductions 56837165
3 Net amount paid during the year for losses 1 278 171 07
4 Cash dividends actually paid stockholders amount of
stockholders dividends declared during the year 10oooo 00
0 faid tor commissions or brokerage 288136
7 Paid for salariesfees and other charges of officers
cls agents and all other employees 8lQ28 2Q
8 Paid for State national and local taxes in this and
other States Rfi
9 All other payments and expenditures 131189 24
Aggregate amount of actual expenditures during
the year in cash
2173938 76
Business in the State of Georgia during the year
Fire risks written
Premiums received gross 261892600
Losses paid 4486 7
Losses incurred 20779 49
I77i8 09
NIAGARA FIRE INSURANCE COMPANY OF NEW iTORK
Harold Herrick President Qer W n e
wo W Dewey Secretary
Principal Office 4648 Cedar Street New York
Cliff C Hatcher Atlanta Attorney for Service in Georgia
ICAPITAL
i Whole amount of capital stock
2 Amount paid up in cash so 75oooo 00
9 7iOooo 00
IIASSETS
2 Loans on bond and mortgage duly recorded and being
first hens on the fee simple
3 Interest due on all said bond and mortgage loans T
1 in luo oi
162 COMPTROLLERGENERALS REPORT
4 Value of lands mortgaged exclusive of
buildings and perishable improve
ments 18100000
5 Value of buildings mortgaged insured
for 16550000 as collateral 19300000
6 Total value of said mortgaged prem
ises carried inside 374ooo 00
9 Total par and market value of stocks and bonds owned
absolutely by the company carried out at market
3594869 00
value ouvt
12 Cash in companys principal office 516 31
15 Cash belonging to the company deposit
ed in bank Bank of Manhattan Co
11546379 Metropolitan Trust Co
6500000 total 180463 79
Total cash items l8l24 2
15 Interest due and accrued on stocks not included in
market value uncollected 1662834
17 Cash in hands of agents and in course of transmis
sion 538083 72
All other assets both real and personal viz Due
from other companies for reinsurance on losses al
ready paid 6o6 85
Total assets of the company actual cash market
value 4575 32li6
IIILIAIHIITIKS
1 Losses due and unpaid 1051056
2 Gross losses in process of adjustment
or in suspense including all reported
and supposed losses 23034668
5 Losses resisted including interest costs
and other expenses thereon 26225 00
4 Total gross amount of claims for
losses 267082 24
5 Deduct reinsurance thereon 3412929
6 Xet amount of unpaid losses 232952 95
7 Gross premiums without and deduction
received and receivable upon all unex
pired fire risks running one year or
less from date of policy 2090
55369 unearned premiums fifty per
cent 104527684COMPTROLLERGENERALS REPORT
163
8 Gross premiums without any deduction
received and receivable upon all un
expired fire risks running more than
one year from date of policy 2606
02848 unearned premiums pro
rata 1414825 06
ir 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 Commission
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
2460101 90
112058 06
2805112 91
750000 00
1020208 25
24 Aggregate amount of all liabilities including capital
paid up and net surplus 4575321 16
IVINCOME DURING THE YEAR
Fire Risks
r Gross premiums and bills in course
of collection at close of last pre
vious year as shown by that years
statement 51023485
3 Net collected 51023485
4 Gross premiums on risks written dur
ing the year 3901703 18
5 Total
6 Deduct premiums and bills in course
of collection at this date
4411938 03
572582 37
7 Entire premiums collected during the
year 383935s 66
8 Deduct reinsurance and return pre
miums 832764 52
9 Xet 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 Discounts
419975 profit and loss account 3873837 totrl
3006591 14
7289 17
153378 09
42938 17164
COMPTROLLERGENERALS REPORT
13 Received for increase capital 25000000 increase sur
plus 75000000 total
1000000 00
15 Aggregate amount of income actually received during
the year in cash 421019652
VEXPENDITURES during the YEAR
Fire Risks
1 Gross amount actually paid for losses
including 204523 21 losses occurring
in previous years 47686i 55
2 Deduct all amounts actually received
for salvages whether on losses of the
last or of previous year 30654814
and all amounts actually received for
reinsurance in other companies 406
89443 total deductions 71344 57
3 Net amount paid during the year for losses 3363418 98
4 Cash dividends actually paid stockholders amount of
stockholders dividends declared during the year
5000000 50060 00
6 Paid for commissions or brokerage 01887069
7 Paid for salaries fees and other charges of officers
clerks agents and all other employees 23158704
8 Paid for State national and local taxes in this and
other States 55470 10
9 Ali other payments and expenditures viz Rents
2780780 traveling 3852127 stationery etc 26
77005 maps 594155 advertising 790561 local
boards lire patrol off exchange postage and inci
dentals 9111970 total 9806598
Aggregate amount of actual expenditure during
the year in cash 45I7472 79
Business in the State of Georgia during the year
Fire risks written 270989400
Premiums received gross 28291 30
Losses paid 8907 61
Losses incurred 15837 85COMPTROLLERGENERALS REPORT
165
NORWICH UNION FIRE INSURANCE SOCIETY U S BRANCH
OF ENGLAND
J Montgomery Hare United States Manager
Principal Office 56 and 58 Pine Street New York N Y
ICAPITAL STOCK
1 Amount of capital paid up in
casn 660000 00
2 Amount of ledger assets December 31st of
previous year 264980988
Extended at t
2649809 88
IIINCOME
Fire Risks
2780944 II
5 Gross premiums
6 Deduct reinsurance rebate abatement and
return premiums 680960 73
7 Total premiums other than perpetuals
9 Interest on mortgage loans
11 Interest on bonds and dividends on stocks
12 Interest on deposits
1800 00
78809 00
5164 84
2099983 38
15 Total interest and rents
16 Profit on sale or maturity of ledger assets Sale of Chicago
Milwaukee St Paul Ry common stock 379358 sale
of Chicago Northwestern Ry common stock 842436
sale of Twin City Rapid Transit Ry common stock 265
15 total
24 Cash in home office
JJ
Total
IIIDISBURSEMENTS
Fire Riks
1 Gross amount paid for losses including
10879431 occurring in previous years 2395379 84
2 Deduct amount received for salvage 11
29484 and for reinsurance in other com
panies 33196324 343258 08
3 Net amount paid for losses
8 Commissions or brokerage
9 Salaries fees and all other charges of officers clerks agents
and other employees
10 Rents
13 All other taxes licenses and insurance department fees
35773 84
12483 09
1201573 00
33998i3 31
2052121 76
418911 30
156519 52
18180 82
53219 78166 COMPTROLLERGENERALS REPORT
21 All other disbursements Advertising and stationery 21
99306 maps and furniture 1955459 postage express
traveling and miscellaneous expenses 7976368 cash to
home office 10695148 total
38 Total disbursements 2927215 99
IVLEDGER ASSETS
2 Mortgage loans on real estate first liens 40000 00
3 Loans secured by pledge of bonds stocks or other collat
J 20000 00
erals
4 Book value of bonds excluding interest 162497494 and
stocks 38052664 2550I58
5 Cash in companys office 7756 deposited m banks 799
6 Agents balances representing business written subsequent
to October I 1906 24 I9 I3
7 Agents balances representing business written prior to Oc
7440 43
tober l 6 11479
10 Other ledger assets
3122407 20
14 Total ledger assets
NONLEDGER ASSETS
15 Interest due and accrued on mortgages 150 00
16 Interest due and accrued on bonds and stocks 14541 66
14691 66
22 Market value of bonds and stocks over book value 36565 29
23 Other nonledger assets viz Eagle N Y 240 North
River N Y 068 Indemnity N Y 6767 Nassau
Y 17318 New York N Y 068 Munich N Y
194 North British Mercantile England 7707 Law
Union Crown England 55403 Sun England 6153 I
Empire City N Y 4317 Shawnee Kansas 1552
Aachen Munich Germany 173 London Lancashire
England 56790 Calumet Ills 52500 Niagara N Y
157500 National Conn 270000 total 6367 j0
3180031 65
26 Gross assets
DEDUCT ASSETS NOT ADMITTED
30 Agents balances representing business written prior to Oc
tober 1 1906 744 43
37 Total admitted assets 3172591 22
COMPTROLLERGENERALS REPORT 167
VLIABILITIES
1 Gross losses adjusted and unpaid not yet
due 57527 28
2 Gross claims for losses in process of adjust
ment or in suspense including all reported
and supposed losses 553102 38
3 Gross claims for losses resisted 58968 00
4 Total 669597 66
5 Deduct reinsurance due or accrued 102902 24
6 Net amount of unpaid losses and claims 566695 42
7 Gross premiums less reinsurance received
and receivable upon all unexpired fire risks
running one year or less from date of poli
cy including interest premiums on perpet
ual fire risks 145193579 unearned pre
miums fifty per cent 725967 89
8 Gross premiums less reinsurance received
and receivable upon all unexpired fire
risks running more than one year from
date of policy 191584116 unearned pre
miums pro rata 1014824 27
12 Total unearned premiums as computed above 1740792 16
19 Salaries rents expenses taxes bills accounts fees etc
due or accrued 24662 63
20 Commissions brokerage and other charges due or to be
come due to agents and brokers 7814 73
24 Total amount of all liabilities except capital 2339964 94
27 Surplus as regards policyholders 832626 28
28 Total liabilities 3172591 22
Business in the State of Georgia during the year
Fire risks written 5678437 00
Premiums received 59I57 3n
Losses paid 3574 7
Losses incurred 43567 9168
COMPTROLLERGENERALS REPORT
NORTHERN ASSURANCE COMPANY U S BRANCH
H E Wilson General Manager
Principal Offices in the United States 38 Pine Street New York
642 Monadnock Block Chicago
ICAPITAL STOCK
1 Amount of capital paid up in
cash 1500000 00
2 Statutory deposit 200000 00
Amount of ledger assets December 31 of pre
vious year 3864384 21
Extended at 3864384 21
IIINCOME
Fire Risks
1 Gross premiums 4285191 21
2 Deduct reinsurance rebate abatement and
return premiums 1385180 84
3 Total premiums other than perpetuals 2900010 37
7 Interest on bonds and dividends on stocks 147314 89
8 Interest on deposits 7528 23
10 Gross rents from companys property com
panys own occupancy 7000 00
11 Total interest and rents 161843 12
Received from head office during the year 3539798 46
14
Total income 6601651 95
nrDISBURSEMENTS
1 Gross amount paid for losses including
14707924 occurring in previous years 5117759 47
2 Deduct amount received for salvage 11
73906 and for reinsurance in other com
panies 165094087 1662679 93
3 Net amount paid for losses 3455079 54
8 Commissions or brokerage 478175 93
9 Salaries fees and all other charges of officers clerks agents
and other employees 168341 57
10 Rents including 700000 for companys own occupancy 16910 04
11 Repairs and expenses other than taxes on real estate 231 00
12 Taxes on real estate 2562 19
3 All other taxes licenses and insurance department fees 79989 79COMPTROLLERGENERALS REPORT
169
IS
All other disbursements Patrols 4623597 advertising
printing and stationery 2863754 inspection maps and
traveling expenses 9523889 postage telegrams and ex
pressage 2166313 cleaning heating lighting and office
fittings 477265 books newspapers and periodicals 1
80346 legal expenses 11853 miscellaneous 1049546
remitted to home office during the year 168901523 1897980 86
16 Total disbursements 6099270 92
115000 00
IVLEDGER ASSETS
Book value of real estate unincumbered
Book value of bonds excluding interest 302782566 and
stocks 29426590 3322091 56
Cash in companys offices 48661 deposited in banks Na
tional Bank of Commerce New York 15236515 Union
Trust Co New York 1856928 Merchants Loan and
Trust Co Chicago 19872476 Northern Trust Co Chi
cago 182844 Canadian Bank of Commerce San Fran
cisco 125071 Mississippi Valley Trust Co St Louis
80304 total
Agents balances representing business written subsequent to
October 1 1906
Agents balances representing business written prior to Oc
tober 1 1906
Bills receivable taken for fire risks
374027 99
493144 75
27515 11
34985 83
11 Total ledger assets 4366765 24
NONLEDGER assets
13 Interest due 100000 and accrued 609670 on bonds and
stocks
18 Market value of real estate over book value
20 Other nonledger assets viz Due from other companies
for reinsurance on losses already paid
7096 70
60000 00
13701 70
21 Gross assets 4447563 64
DEDUCT ASSETS NOT ADMITTED
4 Agents balances representing business writ
ten prior to October 1 1906
5 Bills receivable past due taken for fire risks
7 Depreciation from book value of ledger as
sets to bring same to market value
27515 11
34985 83
126241 56
8 Total 188742 50
9 Total admitted assets 4258821 14V
af
170
COMPTROLLERGENERALS REPORT
VLIABILITIES
1 Gross losses adjusted and unpaid not yet due
2 Gross claims for losses in process of adjust
ment or in suspense including all reported
and supposed losses
3 Gross claims for losses resisted
4 Total
5 Deduct reinsurance due or accrued
28626 61
444346 18
52779 14
525751 93
36025 03
6 Net amount of unpaid losses and claims
7 Gross premiums less reinsurance received
and receivable upon all unexpired fire risks
running one year or less from date of pol
icy including interest premiums on per
petual fire risks 236226518 unearned
premiums fifty per cent 1181132 59
8 Gross premiums less reinsurance received
and receivable upon all unexpired fire risks
running more than one year from date of
policy 242771513 unearned premiums
pro rata 1346664 90
489726 90
12 Total unearned premiums as computed above
19 Salaries rents expenses taxes bills accounts fees etc
due or accrued
21 Return premiums 1365844 reinsurance premiums 12
73584 total
24 Total amount of all liabilities except statutory deposit
25 Statutory deposit 200000 00
27 Surplus over all liabilities 1006699 58
2527797 49
8202 89
26394 28
3052121 56
28 Surplus as regards policyholders
29 Total liabilities
Business in the State of Georgia during the year
1206699 58
4258821 14
Fire risks written 4792370 00
Gross premiums received excluding only 1073568 of cancella
tions and 73968 premiums on risks reinsured 5502 16
Losses paid 24507 23
Losses incurred 25896 03COMPTROLLERGENERALS REPORT
171
NORTH RIVER FIRE INSURANCE COMPANY OF NEW YORK
William E Hutchins President Frederick H Crum Secretary
Principal Office 939597 William Street
Jacob Haas Atlanta Attorney for Service in Georgia
ICAPITAL
1 Whole amount of capital stock
2 Amount paid up in cash
350000 00
3SOooo 00
IIASSETS
1 Market value of real estate owned by the company less the
amount of incumbrances thereon
2 Loans on bond and mortgage duly recorded and being first
liens on the fee simple
3 Interest accrued on all said bond and mortgage loans
4 Value of lands mortgaged exclusive of build
ings and perishable improvements 25840000
5 Value of buildings mortgaged insured for
15797500 as collateral 166600 00
610000 00
194900 00
3166 47
6 Total value of said mortgaged premises car
ried inside 425000 00
9 Total par and market value of stocks and bonds owned ab
solutely by the company carried out at market value
Cash in companys principal office 1837 50
Cash belonging to the company deposited in
bank Washington Trust Co 487317
United States Mortgage Trust Co 20
00000 Title Guarantee Trust Co 25
00000 Kings County Trust Co 20000
00 Merchants Exchange National Bank
6521191 total 135085 08
468855 00
12
13
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 677762 due from other companies for reinsur
ance on losses already paid 1036832 total
Total assets of the company actual cash market value
Deduct agency premiums over three months due
136922 58
2382 90
419126 64
Total
17145 94
1852499 53
14543 22
1837956 31172
COMPTROLLERGENERALS REPORT
IirLIABILITIES
1 Losses due and unpaid 3447 oo
2 Gross losses in process of adjustment or in
suspense including all reported and sup
posed losses 130350 98
3 Losses resisted including interest costs and
other expenses thereon 11350 00
4 Total gross amount of claims for losses 145147 98
5 Deduct reinsurance thereon 29432 45
6 Net amount of unpaid losses 115715 53
7 Gross premiums without any deduction re
ceived and receivable upon all unexpired
fire risks running one year or less from
date of policy 121285929 unearned pre
miums fifty per cent 606429 65
8 Gross premiums without any deduction re
ceived and receivable upon all unexpired
fire risks running more than one year from
date of policy 76669360 unearned pre
miums pro rata 435850 38
11 Total unearned premiums as computed above carried out 1042280 03
16 Cash dividends to stockholders remaining unpaid 6842 50
17 Due and accrued for salaries rent advertising and for
agency and other miscellaneous expenses 6802 94
ig All other demands against the company absolute and con
tingent due and to become due admitted and contested
viz Commissions 2870231 return premiums 6646
42 reinsurance 2224957 total 57598 30
20 Total amount of all liabilities except capital stock and net
surplus 1229239 30
21 Joint stock capital actually paid up in cash 350000 00
23 Surplus beyond capital and all other liabilities 258717 01
24 Aggregate amount of all liabilities including capital paid up
and net surplus 1837956 31
IVINCOME DURING THE YEAR
Fire Risks
1 Gross premiums and bills in course of collec
tion at close of last previous year as shown
by that years statement 385236 55
2 Deduct amount of same not collected 58125 31
3 Net collected 327111 24COMPTROLLERGENERALS REPORT
173
4 Gross premiums on risks written and re
newed during the year 2460888 71
5 Total
6 Deduct premiums and bills in course of col
lection at this date
7 Entire premiums collected during the year
8 Deduct reinsurance and return premiums
2787999 95
419126 64
2368873 31
881361 60
9 Net cash actually received for premiums carried out 1487511 yi
10 Received for interest on bonds and mortgages 8389 09
11 Received for interests and dividends on stocks and bonds
collateral loans and from all other sources 311 00
12 Income received from all other sources omitting increase if
any in value of securities viz Rents 5510777 interest
on bonds and dividends on stocks 1656500 interest
from all other sources 653615 profit on sale of ledger
assets 1875 taxes levied in error in 1905 by city of
New York 413370 total 82361 27
Aggregate amount of income actually received during the
year in cash 1578573 17
VEXPENDITURES DURING TDK YEAR
Fire Risks
Gross amount actually paid for losses in
cluding 7081870 losses occurring in pre
vious years 1324163 67
Deduct all amounts actually received for sal
vages whether onlosses of the last or of
previous year 723495 and all amounts
actually received for reinsurance in other
companies 28337429 total deductions 29060924
3 Net amount paid during the year for losses 1033554 43
4 Cash dividends actually paid stockholders amount of stock
holders dividends declared during the year 32635 7S
6 Paid for commissions or brokerage 398250 30
7 Paid for salaries fees and other charges of officers clerks
agents and all other employees 116862 76
8 Paid for State national and local taxes in this and other
States 28742 85
9 All other payments and expenditures viz Loss on bonds
3750O rents 2505396 general expenses 4712368
depreciation in bonds 1447000 expenses of real estate
2407824 total 111100 88

Aggregate amount of actual expenditures during the
year in cash 1721146 97174 COMPTROLLERGENERALS REPORT
Business in the State of Georgia during the year
Fire risks written 1499121 00
Premiums received gross 29220 96
Losses paid 96i5 69
Losses incurred 10032 36
NORTH STATE FIRE INSURANCE COMPANY OF GREENSBORO
NORTH CAROLINA
Ashley Home President James F Cobb Secretary
Principal Office Greensboro N C
Otis A Murphy Atlanta Attorney for Service in Georgia
ICAPITAL
I Whole amount of capital stock
11ASSETS
2 Loans on bond and mortgage duly recorded and being first
liens on the fee simple
3 Interest due and accrued on all said bond and mortgage
loans
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 securi
ties except mortgages
12 Cash in companys principal office 88 78
13 Cash belonging to the company deposited in
bank 18529772
Total cash items
16 Interest due and accrued on collateral loans and uncollected
17 Cash in hands of agents and in course of transmission
Total assets of the company actual cash market value
HILIABILITIES
1 Losses due and unpaid
2 Gross losses in process of adjustment or in
suspense including all reported and sup
posed losses
3 Losses resisted including interest costs and
other expenses thereon
4 Total gross amount of claims for losses
5 Deduct reinsurance thereon
6 Net amount of unpaid losses
4397 25
2816 50
900 00
8113 75
1726 42
200000 00
70800 00
638 08
10871 97
24523 80
185386 50
1050 00
11266 80
404537 15
6387 33COMPTROLLERGENERALS REPORT
175
Gross premiums without any deduction re
ceived and receivable upon all unexpired
fire risks running one year or less from
date of policy 7797205 unearned pre
miums fifty per cent 38986 02
Gross premiums without any deduction re
ceived and receivable upon all unexpired
fire risks running more than one year from
date of policy 4783194 unearned premi
ums pro rata 34979 83
11 Total unearned premiums as computed above carried out 73965 8
21
23
24
Total amount of all liabilities except capital stock and net
surplus 80353 18
Joint stock capital actually paid up in cash 200000 00
Surplus beyond capital and all other liabilities 124183 97
Aggregate amount of all liabilities including capital paid up
and net surplus
404537 1
IVINCOME DURING THE YEAR
Fire Risks
Gross premiums and bills in course of col
lection at close of last previous year as
shown by that years statement 8453 98
Net collected
Gross premiums on risks written and re
newed during the year
Total
Deduct premiums and bills in course of col
lection at this date
Entire premiums collected during the year
Deduct reinsurance and return premiums
8453 98
191421 78
199875 76
11266 80
188608 96
71288 65
9 Net cash actually received for premiums carried out 117320 31
10 Received for interest on bonds and mortgages 6413 14
13 Received for calls on capital 10000000 for increase sur
plus 12833333 total 228333 33
15 Aggregate amount of income actually received during the
year in cash 352067 88
VEXPENDITURES DURING THE YEAR
Fire Risks
Gross amount actually paid for losses in
cluding 98382 losses occurring in previous
years 7706948176
COMPTROLLERGENERALS REPORT
2 Deduct all amounts actually received for sal
vages whether on losses of the last or of
previous year I3i958 51
3 Net amount paid during the year for losses
4 Cash dividends actually paid stockholders amount Of stock
holders dividends declared during the year
6 Paid for commissions or brokerage
7 Paid for salaries fees and other charges of officers clerks
agents and all other employees
8 Paid for State national and local taxes in this and other
States
9 All other payments and expenditures viz Postage ex
change legal fees expense sundries stationery and
printing rents
Aggregate amount of actual expenditures during the
year in cash
63110 97
8000 00
27578 18
5894 99
1055 03
4920 31
110559 48
NORTH BRITISH AND MERCANTILE FIRE INSURANCE COM
PANY U S BRANCH OF LONDON AND EDINBURGH
E G Richards Manager J F Hastings Asst Manager
Principal Office in United States 76 William Street New York N Y
Edgar Dunlap Atlanta Attorney for Service in Georgia
IIASSETS
12 Cash in companys principal office 300 00
13 Cash belonging to the company deposited in
bank J P Morgan Co 33828590
Merchants National Bank 2000000 358285 90
Cash in hands of trustees of the company 33042 19
Total cash items 391628 09
15 Interest due and accrued on stocks not included in market
value uncollected 4253 74
17 Cash in hands of agents and in course of transmission 816558 50
18 Bill receivable not matured taken for lire marine and in
land risks 182 50
All other assets both real and personal viz Due from
other companies for reinsurance on losses already paid
Milwaukee Und Bldg Assn 18100 Phila Und Assn
10000 Underwriters Salvage Co of New York 1000
Underwriters Salvage Co of Chicago 100000 total 2281 00
Total assets of the company actual cash market value 6890820 S3COMPTROLLERGENERALS REPORT
177
IIILIABILITIES
1 Losses due and unpaid 92448 86
2 Gross losses in process of adjustment or in
suspense including all reported and sup
posed losses 437T3i 18
3 Losses resisted including interest costs and
other expenses thereon 31335 10
4 Total gross amount of claims for losses 560915 14
5 Deduct reinsurance thereon 68748 29
6 Net amount of unpaid losses
7 Gross premiums without any deduction re
ceived and receivable upon all unexpired
fire risks running one year or less from
date of policy 295915875 unearned pre
miums fifty per cent 1479579 37
8 Gross premiums without any deduction re
ceieved and receivable upon all unexpired
fire risks running more than one year from
date of policy 377101580 unearned pre
miums pro rata 2027538 58
492166 85
11 Total unearned premiums as computed above carried out 3507117 95
12 Net premiums reserve and all other liabilities except capital
under the life insurance or any other special department
Reclaimable under perpetual policies 25847 22
19 All other demands against the company absolute and con
tingent due and to become due admitted and contested
viz Commissions brokerage agency expenses 178203 68
20 Total amount of all liabilities except net surplus 4203335 70
23 Surplus beyond capital and all other liabilities 2687485 13
24 Aggregate amount of all liabilities including net surplus
6890820 83
IVINCOME DURING THE YEAR
Fire Risks
I Gross premiums and bills in course of col
lection at close of last previous year as
shown by that years statement 73I7o6 57
3 Net collected 73h66 57
4 Gross premiums on risks written and re
newed during the year 5640334 78
5 Total 6372101 35
12 in178 COMPTROLLERGENERALS REPORT
6 Deduct premiums and bills in course of col
lection at this date 831418 75
7 Entire premiums collected during the year 5540682 60
8 Deduct reinsurance and return premiums 1334995 28
9 Net cash actually received for premiums carried out 4205687 32
11 Received for interest and dividends on stock and bonds col
lateral loans and from all other sources 242294 17
14 Remittances from home office during the year 2257494 98
T5 Aggregate amount of income actually received during the
year in cash 4447981 49
VEXPENDITURES DURING THE YEAR
Fire Risks
1 Gross amount actually paid for losses in
cluding 40944802 losses occurring in pre
vious years 570433 03
2 Deduct all amounts actually received for sal
vages whether on losses of the last or of
previous year 2935589 and all amounts
actually received for reinsurance in other
companies 69259857 total deductions 721954 86
3 Net amount paid during the year for losses 4988478 17
6 Paid for commissions or brokerage 840296 25
7 Paid for salaries fees and other charges of officers clerks
agents and all other employees 278698 31
8 Paid for State national and local taxes in this and other
States 113944 40
9 All other payments and expenditures viz Rents advertis
ing stationery exchange postage telegrams express fur
niture maps legal Underwriters Assn local boards inci
dentals 184037 07
Aggregate amount of actual expenditures during the
year in cash 6405454 20
Business in the State of Georgia during the year
Fire risks written 3951829 00
Premiums received gross 48895 41
Losses paid 15688 74
Losses incurred 24677 84
COMPTROLLERGENERALS REPORT
179
ORIENT FIRE INSURANCE COMPANY OF HARTFORD CONN
A G Mcllwaine Jr President Henry W Gray Jr Secretary
Principal Office 2022 Trinity Street
Robert A Hancock Atlanta Attorney for Service in Georgia
ICAPITAL
1 Whole amount of capital stock
2 Amount paid up in cash
500000 00
500000 00
IIASSETS
I Market value of real estate owned by the company less the
amount of incumbrances thereonif
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 8707 80
13 Cash belonging to the company deposited in
bank 186968 96
Total cash items
15 Interest due and accrued on stock not included in market
value uncollected
17 Cash in hands of agents and in course of transmission
18 Bills receivable not matured taken for fire marine and in
land risks
All other assets both real and personal viz Due from
other companies for reinsurance on losses already paid
159414 67
1447013 20
19S676 76
21810 74
194975 14
3327 93
34199 37
Total assets of the company actual cash market value 2056417 81
IIILIABILITIES
1 Losses due and unpaid 8412 00
2 Gross losses in process of adjustment or in
suspense including all reported and sup
posed losses 196062 89
3 Losses resisted including interest costs and
other expenses thereon 18997 00
4 Total gross amount of claims for losses
5 Deduct reinsurance thereon
223471 89
48717 49
6 Net amount of unpaid losses
7 Gross premiums without any deduction re
ceived and receivable upon all unexpired
fire risks running one year or less from
date of policy 82541127 unearned prem
iums fifty per cent
174754 40
412705 63180 COMPTROLLERGENERALS REPORT
8 Gross premiums without any deduction re
ceived and receivable upon all unexpired
fire risks running more than one year from
date of policy 123832196 unearned pre
miums pro rata 672014 79
11 Total unearned premiums as computed above carried out 1084720 42
17 Due and accrued for salaries rent advertising and for
agency and other miscellaneous expenses 7on 34
19 All other demands against the company absolute and con
tingent due and to become due admitted and contested
viz Return premiums 127655 reinsurance 742243
total 829898 less commissions 188908 6409 90
20 Total amount of all liabilities except capital stock and net
surplus 1272896 06
21 Joint stock capital actually paid up in cash 500000 00
23 Surplus beyond capital and all other liabilities 283521 75
24 Aggregate amount of all liabilities including capital paid up
and net surplus 2056417 81
IVINCOME DURING THE YEAR
Fire Risks
I Gross premiums and bills in course of col
lection at close of last previous year as
shown by that years statement 233388 38
3 Net collected 233388 38
4 Gross premiums on risks written and re
newed during the year 1722622 69
5 Total i956oi I 07
6 Deduct premiums and bills in course of col
lection at this date 262963 73
7 Entire premiums collected during the year
ash 169300821 notes 3913 169304734
8 Deduct reinsurance and return premiums 508336 13
9 Net cash actually received for premiums carried OUt 1184711 m
II Received for interests and dividends on stock and bmds
collateral loans and from all other sources 69100 02
12 Income received from all other sources omitting increase if
any in value of securities viz Rents 282588 from
stockholders to increase companys surplus 85825 88

15 Aggregate amount of income actually received during the
year in cash 1339637 COMPTROLLERGENERALS REPORT 181
vExpenditures during The year
i Gross amount actually paid for losses in S 3
eluding 6054923 losses occurring in pre
vious years 2030521 29
2 Deduct all amounts actually received for sal
vages whether on losses of the last or of
previous year 510342 and all amounts
actually received for reinsurance in other
companies 76917152 total deductions 774274 94
3 Net amount paid during the year for losses 1256246 35
4 Cash dividends actually paid stockholders amount of stock
holders dividends declared during the year 50000 00
6 Paid for commissions or brokerage 248382 64
7 Paid for salaries fees and other charges of officers clerks
agents and all other employees 61553 13
8 Paid for State national and local taxes in this and other
Aftates 34367 38
9 All other payments and expenditures viz Rents 790616
advertising printing and stationery 1286368 furniture
and fixtures 125094 miscellaneous expenses 4570186 67722 64
Aggregate amount of actual expenditures during the
year in cash 1718272 14
Business in the State of Georgia during the year
Fire risks written 2603917 00
Premiums received gross 30344 27
Losses paid I0S24 7g
Losses incurred 20055 78
PALATINE FIRE INSURANCE COMPANY LTD OF LONDON
ENGLAND
A H Wray Manager
Principal Office in United States Corner Pine and William Streets New
York N Y
John A Whitner Atlanta Attorney for Service in Georgia
ASSETS
9 Total par and market Value of stocks and bonds owned ab
solutely by the company carried out at market value 2737042 50
13 Cash belonging to the company deposited in bank Morton
Trust Co N Y 2333887 American Exchange Natlier
182
COMPTROLLERGENERALS REPORT
Bank New York 8886412 Crocker National Bank San
Francisco 5165451
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 Due from
other companies for reinsurance on losses already paid
Commercial Union London 786932 Commercial
Union New York 132883 Union of London 5787
163857 50
26394 00
312029 52
9256 02
Total assets of the company actual cash market value 3248579 54
IIILIABILITIES
r Losses unpaid not yet due 20809 00
2 Gross losses in process of adjustment or in
suspense including all reported and sup
posed losses 1068711 00
3 Losses resisted including interest cotls and
other expenses thereon 24558 00
4 Total gross amount of claims for losses 1114078 00
5 Deduct reinsurance thereon 239916 00
6 Net amount of unpaid losses 874162 00
7 Gross premiums without any deduction re
ceived and receivable upon all unexpired
fire risks running one year or less from
date of policy 111318925 unearned pre
miums fifty per cent 556594 63
8 Gross premiums without any deduction re
ceived and receivable upon all unexpired
fire risks running more than one year from
date of policy 116413262 unearned pre
miums pro rata 648236 17
11 Total unearned premiums as computed above carried out 1204830 80
17 Due and accrued for salaries rent advertising and for agen
cy and other miscellaneous expenses 4320 24
19 All other demands against the company absolute and con
tingent due and to become due admitted and contested
viz Commissions 4037325 reinsurance 2436140
returned premiums 854769 total 73282 34
20 Total amount of all liabilities except net surplus 2156595 38
23 Surplus beyond capital and all other liabilities 1091984 16
24 Aggregate amount of all liabilities including net surplus 3248579 54COMPTROLLERGENERALS REPORT 183
IVINCOME DURING THE YEAR
Fire Risks
I Gross premiums and bills in course of col
lection at close of last previous year as
shown by that years statement 267821 16
3 Net collected 267821 16
4 Gross premiums on risks written and renewed
during the year 2171976 68
5 Total 2439797 84
6 Deduct premiums and bills in course of col
lection at this date 330321 70
7 Entire premiums collected during the year 2109476 14
8 Deduct reinsurance and return premiums 667845 78
9 Net cash actually received for premiums carried out 1441630 36
11 Received for interests and dividends on stock and bonds
collateral loans and from all other sources 99315 01
12 Income received from all other sources omitting increase if
any in value of securities viz Profit on sale of securities 4923 93
14 Remittances from home office during the year 1770074 76
IS Aggregate amount of income actually received during the
year in cash 3315944 06
VEXPENDITURES DURING THE YEAR
Fire Risks
1 Gross amount actually paid for losses in
cluding 10159100 losses occurring in pre
vious years 2264779 69
2 Deduct all amounts actually received for sal
vages whether on losses of the last or of
previous year 408465 and all amounts
actually received for reinsurance in other
companies 48800274 total deductions 492087 39
3 Net amount paid during the year for losses 1872692 30
6 Paid for commisions or brokerage 326505 83
7 Paid for salaries fees and other charges of officers clerks
agents and all other employees 79397 10
8 Paid for State national and local taxes in this and other
States 44041 OS
9 All other payments and expenditures viz Rent travel na
tional and local boards postage printing and stationery
etc 80431 86
Aggregate amount of actual expenditures during the
year in cash 2403068 17184 COMPTROLLERGENERALS REPORT
Business in the State of Georgia during the year
Premiums received gross
Losses paid
Losses incurred
49074 33
23908 48
23948 48
THE PENNSYLVANIA FIRE INSURANCE COMPANY OF
PHILADELPHIA PENN
R Dale Benson President W Gardner Crowell Secretary
Principal Office 510 Walnut Street
CAPITAL
1 Whole amount of capital stock
2 Amount paid up in cash
7SOooo 00
750000 00
11ASSETS
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
18750 interest accrued thereon 304245 total
6 Total value of lands and buildings
mortgaged insured for 29600000 as
collateral carried inside 69377500
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 bonds and all other
securities except mortgages
12 Cash in companys principal office 1 925 T9
13 Cash belonging to the company de
posited in bank Western 5117460
Philadelphia 5710387 Drexel
Co 86145760 total 969736 07
159500 00
295000 00
3229 95
3239531 00
1088500 00
Total cash items 970661 26
15 Interest due and accrued on stocks not included in
market value uncollected 2285 23
17 Cash in hands of agents and in course of transmission 587658 59
All other assets both reai and personal viz Due
from other companies for reinsurance on losses
COMPTROLLERGENERALS REPORT
185
already paid Royal 475715 National 125000
Apce Co 750000 Caledonian 70000 total
Total assets of the company actual cash market
value
15207 15
6361573 18
IIILIABILITIES
1 Losses unpaid 35469 47
2 Gross losses in process of adjustment
or in suspense including all reported
and supposed losses 551798 74
3 Losses resisted including interest costs
and other expenses thereon 8355 73
4 Total gross amount of claims for losses 595623 94
5 Deduct reinsurance thereon 43767 00
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 2095
87858 unearned premiums fifty per
cent
8 Gross premiums without any deduction
received and receivable upon all un
expired fire risks running more than
one year from date of policy
320184963 unearned premiums pro
rata
551856 94
1 047939 29
1691222 60
n Total unearned premiums as computed above carried
out
Total perpetual premiums
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
2739161 89
917423 23
4208442 06
750000 00
1403131 12
6361573 18
IVINCOME DURING THE YEAR
Fire Risks
4 Gross premiums on risks written and
renewed during the year 4017602 06 1
186
COMPTROLLERGENERALS REPORT
8 Deduct reinsurance and return premi
ums

874321 65
9 Net cash actually received for premiums carried out 3143280 41
10 Received for interest on bonds and mortgages 21509 48
11 Received for interests and dividends on stocks and
bonds collateral loans and from all other sources 242675 21
12 Income received from all other sources omitting in
crease in any in value of securities viz Rents 2073 61
13 Received for increase capital 140000000
15 Aggregate amount of income actually received during
the year in cash 3409538 71
vExpenditures during the year
Fire Risks
i Gross amount actually paid for losses 5253066 32
2 Deduct all amounts actually received
for salvages whether on losses of
the last or of previous year and all
amounts actually received for reinsur
ance in other companies 1087358 03
3 Net amount paid during the year for losses 4165708 29
4 Cash dividends actually paid stockholders amount of
stockholders dividends declared during the year 100000 00
6 Paid for commissions or brokerage 831753 35
7 Paid for salaries fees and other charges of officers
clerks agents and all other employees 193624 00
8 Paid for State national and local taxes in this and
other States 87610 05
9 All other payments and expenditures viz Miscel
laneous 64381 52
Aggregate amount of actual expenditures during
the year in cash 5443077 21
Business in the State of Georgia during the year
Fire risks written 3833706 00
Premiums received gross 69400 62
Losses paid 46260 54
Losses incurred 51588 42COMPTROLLERGENERALS REPORT
187
PHOENIX ASSURANCE COMPANY LIMITED OF LONDON
A D Irving Manager A D Irving Jr Secretary
Principal Office 47 Cedar Street New York
F M Butt Augusta Attorney for Service in Georgia
11ASSETS
9 Total par and market value of stocks and bonds owned
absolutely by the company carried out at market
value 2590131 25
12 Cash in companys principal office 218 58
13 Cash belonging to the company de
posited in bank New York Life Ins
and Trust Co 443992 Union Trust
Co 669606 American Exchange
National Bank 27878765 Corn Ex
change Bank 113130 total 29105493
Total cash items 29127351
16 Interest due and accrued on collateral loans and un
collected 28403 68
17 Cash in hands of agents and in course of transmission 295339 83
All other assets both real and personal viz Due
from other companies for reinsurance on losses
already paid 63050 89
Total assets of the company actual cash market
value 3268199 16
IIILIABILITIES
1 Losses not yet due 5804900
2 Gross losses in process of adjustment
or in suspense including all reported
and supposed losses 308705 00
3 Losses resisted including interest costs
and other expenses thereon 2804700
4 Total gross amount of claims for losses 394801 00
5 Deduct reinsurance thereon 11752800
6 Net amount of unpaid losses 277273 00
7 Gross premiums without any deduction
received and receivable upon all un
expired fire risks running one year or
less from date of policy 185170887
unearned premiums fifty per cent 92585444188
COMPTROLLERGENERALS REPORT
Gross premiums without any deduction
received and receivable upon all un
expired fire risks running more than
one year from date of policy
186295098 unearned premiums pro
rata
32177 12
11 Total unearned premiums as computed above carried
out 1908031 56
17 Due and accrued for salaries rent advertising and for
agency and other miscellaneous expenses 36 52
19 All other demands against the company absolute and
contingent due and to become due admitted and
contested viz Reinsurance premiums 5599 45
20 Total amount of all liabilities except net surplus 2190940 S3
23 Surplus beyond capital and all other liabilities 1077258 63
24 Aggregate amount of all liabilities including capital
paid up and net surplus 3268199 16
IVINCOME DURING THE YEAR
Fire Risks
I Gross premiums and bills in course of
collection at close of last previous
year as shown by that years state
ment 25411047
4 Gross premiums on risks written and
renewed during the year 3569 356 94
5 Total 3823467 41
8 Deduct reinsurance and return premi
ums 1350946 69
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 viz Rents
14 Amount of remittances from home office during the
year
2472520 72
107418 45
3823 75
2392532 50
15 Aggregate amount of income actually received during
the year in cash 4976295 42
EXPENDITURES DURING THE YEAR
Fire Risks
I Gross amount actually paid for losses
including 16102135 losses occur
ring in previous years 5524987 07COMPTROLLERGENERALS REPORT
189
Deduct all amounts actually received
for salvages whether on losses of
the last or of previous year 21
68658 and all amounts actually re
ceived for reinsurance in other com
panies 182619210 total deductions
1847878 68
3 Net amount paid during the year for losses 3677108 39
6 Paid for commissions or brokerage 506719 86
7 Paid for salaries fees and other charges of officers
clerks agents and all other employees 18861788
8 Paid for State national and local taxes in this and
other States 81739 37
9 All other payments and expenditures viz Rents
2603688 advertising printing and stationery 21
37101 postage telegrams and express 2355562
sundries 8668870 depreciation of securities 210
08510 loss on sale or maturity of ledger assets
17 56608 total 385303 39
10 Amount sent to home offices during the year 544737 28
Aggregate amount of actual expenditures during
the year in cash 5384226 17
Business in the State of Georgia during the year
Fire risks written
Premiums received gross
Losses paid
Losses incurred
2580780 00
29488 24
19753 37
19643 37
PHENIX FIRE INSURANCE COMPANY OF BROOKLYN
NEW YORK
Geo P Sheldon President Chas F Koster Secretary
Principal Office 16 Court Street Brooklyn N Y
H C Stockdell Atlanta Attorney for Service in Georgia
1capital
1 Whole amount of capital stock 1000000 00
2 Amount paid up in cash icoocco 00
3 Increase of paid up capital during the
year 500000 00 1 500000 00190
COMPTROLLERGENERALS REPORT
IIASSETS
1 Market value of real estate owned by the company less
the amount of incumbrances thereon 56800000
2 Loans on bond and mortgage duly recorded and
being first liens on the fee simple 48000 00
3 Interest due on all said bond and mortgage loans
73333 interest accrued thereon 63167 total 136500
4 Value of lands mortgaged exclusive of
buildings and perishable improve
ments 29750 00
5 Value of buildings mortgaged insured
for 6250000 as collateral 69750 00
6 Total value of said mortgaged premises
carried inside 99500 00
9 Total par and market value of stocks and bonds owned
absolutely by the company carried out at market
value 679060400
11 Total amount loaned on stocks bonds and all other
securities except mortgages 6300000
12 Cash in companys principal office 655 25
13 Cash belonging to the company de
posited in bank Bankers Trust Co
New York 40700623 National Park
Bank New York 28020390 Chat
ham National Bank New York 77
14198 Liberty National Bank New
York 21936649 National City
Bank Brooklyn 250000 Peoples
Trust Co Brooklyn 333677 total 989555 37
Total cash items 990210 62
15 Interest due and accrued on stocks not included in
market value uncollected 5504 15
17 Cash in hands of agents and in course of transmission 968357 10
All other assets both real and personal viz Rents
due and accrued 319664 due from other com
panies for reinsurance on losses already paid 63
08389 total 66280 53
Total assets of the company actual cash market
value 950132140
IIILIABILITIES
2 Gross losses in process of adjustment
or in suspense including all reported
and supposed losses
386641 20COMPTROLLERGENERALS REPORT
191
3 Losses resisted including interest costs
and other expenses thereon 11115 00
4 Total gross amount of claims for losses 397756 20
5 Deduct reinsurance thereon 22947 98
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 3514
60033 unearned premiums fifty per
cent 1757300 17
8 Gross premiums without any deduction
received and receivable upon all un
expired fire risks running more than
one year from date of policy
676172040 unearned premiums pro
rata 3532802 93
11 Total unearned premiums as computed above carried
out
18 Amount of borrowed money
19 All other demands against the company absolute and
contingent due and to become due admitted and
contested viz Return premiums 422328 rein
surance 536293 total
374808 22
5290103 10
700000 00
9586 21
20 Total amount of all liabilities except capital stock and
net surplus 6374497 53
21 Joint stock capital actually paid up in cash 1500000 00
23 Surplus beyond capital and all other liabilities 162682387
24 Aggregate amount of all liabilities including capital
paid up and net surplus 9501321 40
Amount of unearned premiums represented by in
stallment notesbeing the whole amount of such
notes 184126 10
IVINCOME DURING THE YEAR
4 Gross premiums on risks written and
renewed during the year 7689047 87
8 Deduct reinsurance and return premi
ams 152208962
9 Net cash actually received for premiums carried out 6166958 25
10 Received for interest on bonds and mortgages 033 51192
COMPTROLLERGENERALS REPORT
11 Received for interests and dividends on stocks and
bonds collateral loans and from all other sources 302602 60
12 Income received from all other sources omitting in
crease if any in value of securities viz Rents
4264479 interest on collateral loans 353358
interest on deposits 715112 other interest 37991
total 5370940 profits on sale or maturity of
ledger assets 9584150 borrowed money 700
00000 real estate 900 Commercial Bank Brook
lyn 1772 amount credited to surplus 1000
00000 total 1849577 62
13 Received for increase capital 500000 00
15 Aggregate amount of income actually received during
the year in cash 8821071 98
VEXPENDITURES DURING THE YEAR
Fire Risks
1 Gross amount actually paid for losses
including 31817523 losses occur
ring in previous years 7872354 13
2 Deduct all amounts actually received
for salvages whether on losses of
the last or of previous year 20
79014 and all amounts received for
reinsurance in other companies 1
84004324 total deductions 1860833 38
3 Net amount paid during the year for losses 6011520 75
4 Cash dividends actually paid stockholders amount of
stockholders dividends declared during the year 200000 00
6 Paid for commissions or brokerage 1205539 II
7 Paid for salaries fees and other charges of officers
clerks agents and all other employees 456561 20
8 Paid for State national and local taxes in this and
other States 148115 97
9 All other payments and expenditures viz Rents
5091049 repairs and expenses on real estate
1565102 taxes on real estate 646221 loss on
sale of ledger assets 1014128 miscellaneous ex
penses 56818090 total 65134590
10 Amount of remittances sent to home office during the
year 65134590
Aggregate amount of actual expenditures during
the year in cash 8673082 93COMPTROLLERGENERALS REPORT
193
Business in the State of Georgia during the year
Fire risks written
Premiums received gross
Losses paid
Losses incurred
3397247 oo
209696 02
97640 07
116445 07
THE PRCENIX INSURANCE COMPANY
D W C Skilton President
John B Knox Thomas C Temple Secretaries
Home Office No 783 Main Street Hartford Connecticut
Cliff C Hatcher Atlanta Attorney for Service in Georgia
ICAPITAL STOCK
Amount of capital paid
up in cash 2000000 00
Amount of ledger assets as per bal
ance December 31 1905 6269030 14
Extended at 6269030 14
11income
Fire Risks
5 Gross premiums 5443231 61
6 Deduct reinsurance rebate abatement
and return premiums 994354 83
7 Total premiums other than perpetuals 4448876 78
9 Interest on mortgage loans
10 Interest on collateral loans
11 Interest on bonds and dividends on
stocks
12 Interest on deposits
14 Gross rents from companys property
including companys own occupancy
5299 77
665 00
272329 12
11046 78
743 45
15
16
Total interest and rents
Profit on sale or maturity of ledger assets Illinois
Central Railroad stock 12408080 Pennsylvania
New York Canal Railroad stock 75000
Chicago Milwaukee St Paul Railroad common
680374 Merchants Exchange National Bank 2
16384 profit on sale real estate 284901 collected
from old agency balances 32675 total
23 From all other sources Borrowed money
300084 12
136974 14
660000 00
36 Total income
13 in
5545935 04194
COMPTROLLERGENERALS REPORT
111DISBURSEMENTS
Fire Risks
Gross amount paid for losses includ
ing 29096556 occurring in previous
years 39641 IS 36
Deduct amount received for salvage
1162731 and for reinsurance in
other companies 55090024 total 562527 55
3 Net amount paid for losses
5 Paid stockholders for interest or dividends amount
declared during the year including taxes
8 Commissions or brokerage
9 Salaries fees and all other charges of officers direc
tors trustees clerks agents and other employees
10 Rents including companys occupancy of its own
building office building sold in 1905
11 Repairs and expenses other than taxes on real estate
12 Taxes on real estate
43 All other taxes licenses and insurance department fees
14 Loss on sale or maturity of ledger assets Agency bal
ances charged off
21 All other disbursements Borrowed paid 51000000
advertising printing and stationery 3290402 legal
expense 310063 maps and diagrams 921507
general and special agents traveling expenses 124
43046 inspection bureaus 6517246 loss adjust
ments 2272111 postage 3279512 telegraph
256876 supplies 1409390 miscellaneous and
agency expenses 7078256 total
38 Total disbursements 3
3401587 81
223000 00
904292 24
250953 49
25533 85
3404 55
1640 00
99983 16
4852 00
37784 09
5803031 19
IVLEDGER ASSETS
t Book value of real estate unincum
bered 140804 64
Mortgage loans on real estate first liens 75166 66
4 Book value of bonds excluding interest
263623252 and stocks 235035122 4986583 74
5 Casli in companys office 1591755
deposited in banks Hartford Xa
tional Bank Hartford 19644031
Metropolitan Trust Co New York
10576250 The Bank of Liverpool
Liverpool England 8775658 total 405876 94
6 Agents balances representing business
written subsequent to October 1
Ioofi 385945 81COMPTROLLERGENERALS REPORT
195
7 Agents balances representing business
written prior to October 1 1906 17556 20
14 Total ledger assets 6011933 99
NONLEDGER ASSETS
15 Interest due 13500 and accrued
187106 on mortgages 2006 06
16 Interest accrued 986747 on bonds
on stocks 1204047 21907 94
18 Interest accrued on other assets 2500 00
19 Rents due on companys property or
lease 885 75
3261 00
1110419 01
20 Total 6039233 74
21 Market value of real estate over book value
22 Market value of bonds and stocks over book value
23 Other nonledger assets viz Gross premiums in
course of collection which have not been carried to
ledger accounts 47481291 reinsurance due from
other companies on losses paid 709230 total 481905 21
26 Gross assets
7634818 96

DEDUCT ASSETS NOT ADMITTED
30 Agents balances representing business written prior
to October 1 1906 17556 20
37 Total admitted assets 7617262 76
VLIABILITIES
1 Gross losses adjusted and unpaid not
yet due 57787 00
2 Gross claims for losses in proeess of
adjustment or in suspense including
all reported and supposed losses 358033 02
3 Gross claims for losses resisted 23639 00
4 Total
5 Deduct reinsurance due or accrued
439459 02
24410 2
6 Net amount of unpaid losses and claims
7 Gross premiums less reinsurance re
ceived and receivable upon all miex
pired fire risks running one year or
less from date of policy including
interest premiums on perpetual fire
risks 297221191 unearned pre
miums fifty per cent
1486105 96
415048 50
196
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 3941
06837 unearned premiums pro
rata
142858 19
12 Total unearned premiums as computed above 3628964 15
20 Commissions brokerage and other charges due or
to become due to agents and brokers 84649 63
21 Return premiums 4516547 reinsurance premiums
1864211 6380758
22 Due and to become due for borrowed money 150000 00
26 Total amount of all liabilities except capital
27 Capital actually paid up in cash 2000000 00
28 Surplus over all liabilities 1274792 90
29 Surplus as regards policyholders
30 Total liabilities
Business in the State of Georgia during the year
Risks written fire
Premiums received
Losses paid
Losses incurred
4342469 86
3274792 90
7617262 76
6166 862 00
75490 45
27074 49
33471 63
QUEEN INSURANCE COMPANY OF AMERICA
E F Beddall President N S Bartow Secretary
Principal Office 43 Cedar Street New York
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
11ASSETS
2 Loans on bond and mortgage duly recorded and being first
liens on the fee simple 74250 00
3 Interest accrued on all said bond and mortgage loans 1375 73
5 Value of buildings mortgaged insured for
7350000 as collateral 112750 00
9 Total par and market value of stocks and bonds owned ab
solutely by the company carried out at market value 5662204 99COMPTROLLERGENERALS REPORT
12 Cash in companys principal offices 9293 yj
13 Cash belonging to the company deposited in
bank Atlanta National Bank Atlanta Ga
1264085 First National Bank San
Francisco 400812 Central Bank Oak
land Cal 29373 Bank of British North
America Halifax N S 67806 Farm
ers Loan Trust Co New York 60
00000 Corn Exchange Bank New York
6510998 Royal Trust Co Chicago
1026125 Dominion Bank Montreal
Canada 526906 total 158261 05
Total cash items
15 Interest due and accrued on bonds net included in market
value uncollected
16 Interest due and accrued on bank balances and uncollected
17 Cash in hands of agents and in course of transmission Pre
miums in course of collection not over three months due
All other assets both real and personal viz Rents due and
accrued 40833 due from other companies for reinsur
ance on losses already paid 1257907
Total assets of the company actual cash market value
197
i6554 82
35875 70
521 66
561047 51
12987 40
6515817 81
IIILIABILITIES
2 Gross losses in process of adjustment or in
suspense including all reported and sup
posed losses 362394 93
3 Losses resisted including interest costs and
other expenses thereon 40539 79
4 Total gross amount of claims for losses 402934 72
5 Deduct reinsurance thereon 41813 44
6 Net amount of unpaid losses
7 Gross premiums without any deduction re
ceived and receivable upon all unexpired
fire risks running one year or less from
date of policy 285008245 unearned pre
miums fifty per cent 1425041 23
8 Gross premiums without any deduction re
ceived and receivable upon all unexpired
fire risks running more than one year
from date of policy 315855461 unearned
premiums pro rata 1729560 58
361121 28
11 Total unearned premiums as computed above carried out 3154601 81
198 COMPTROLLERGENERALS REPORT
17 Due and accrued for salaries rent advertising and for
agency and other miscellaneous expenses 80581 55
19 All other demands against the company absolute and con
tingent due and to become due admitted and contested
viz Commissions 1289064 returned premiums 9
10829 reinsurances 3770945 total 597o8 38
20 Total amount of all liabilities except capital stock and net
surplus 365601302
21 Joint stock capital actually paid up in cash 1000000 00
23 Surplus beyond capital and all other liabilities 1859804 79
24 Aggregate amount of all liabilities including capital paid up
and net surplus 6515817 84
IVINCOME DURING THE YEAR
Fire Risks
4 Gross premiums on risks written and re
newed during the year 5195566 63
8 Deduct reinsurance and return premiums 1155023 23
9 Total premiums carried out 4040543 4
10 Received for interest on bonds and mortgages 3076 21
11 Received for interest and dividends on stock and bonds and
from all other sources 239081 70
12 Income received from all other sources omitting increase if
any in value of securities viz Rents 15667 profit on
sale or maturity of ledger assets 7883170 total 78988 37
15 Aggregate amount of income actually received during the
year in cash 4361689 68
VEXPENDITURES DURING THE YEAR
Fire Risks
1 Gross amount actually paid for losses in
cluding 20285906 losses occurring in pre
vious years 3886022 25
2 Deduct all amounts actually received for sal
vages whether on losses of the last or of
previous year 1740878 and all amounts
actually received for reinsurance in other
companies 59280026 total deductions 61020904
Net amount paid during the year for losses 3275813 21
Cash dividends actually paid stockholders amount of stock
holders dividends declared during the year 100000 00
Paid for commissions or brokerage 738308 49
Paid for salaries fees and other charges of officers clerks
agents and all other employees 244943 11COMPTROLLERGENERALS REPORT 199
7 Paid for State national and local taxes in this and other
States 88884 39
8 All other payments and expenditures viz Rents 2791575
miscellaneous 19489728 loss on sale or maturity of
ledger assets 4383879 total 266651 82
Aggregate amount of actual expenditures during the
year in cash 4714601 02
Business in the jtate of Georgia during the year
Fire risks written gross 6777652 00
Premiums received gross 125212 45
Losses paid gross 62334 04
Losses incurred gross 66694 04
ROCHESTER GERMAN INSURANCE CO OP ROCHESTER N Y
Eugene Satterlee President H F Atwood Secretary
Principal Office Main Street West corner Irving Place
Louis H Fox Atlanta Attorney for Service in Georgia
1CAPITAL
1 Whole amount of capital stock 500000 00
2 Amount paid up in cash 500000 00
11ASSETS
1 Market value of real estate owned by the company less the
amount of incumbrances thereon 586751 94
2 Loans on bond and mortgage duly recorded and being first
liens on the fee simple 270375 00
3 Interest due on all said bond and mortgage loans 75725
interest accrued thereon 464838 total 5405 63
4 Value of lands mortgaged exclusive of
buildings and perishable improvements 256985 00
5 Value of buildings mortgaged insured for
28690000 as collateral 329150 00
6 Total value of said mortgaged premises car
ried inside 586135 00
9 Total par and market value of stocks and bonds owned ab
solutely by the company carried out at market value 554938 25
11 Total amount loaned on stocks bonds and all other securi
ties except mortgages 8000 00200
COMPTROLLERGENERALS REPORT
IS
i
Cash in companys principal office 1145 17
Cash belonging to the company deposited in
bank National Bank of Rochester N Y
50279307 Bank of Montreal Ottawa
Canada 4424748 total 54704 55
Total cash items 548185 72
Interest due and accrued on stocks not included in market
value uncollected 3549 37
Cashin hands of agents and in course of transmission 136317 10
All other assets both real and personal viz GermanAm
Bank stock now in liquidation 7000 00
Total assets of the company actual cash market value 2120523 01
IIILIABILITIES
1 Losses due and unpaid 4956 63
2 Gross losses in process of adjustment or in
suspense including all reported and sup
posed losses 202373 80
3 Losses resisted including interest costs and
other expenses thereon 28965 22
4 Total gross amount of claims for losses 236295 65
5 Deduct reinsurance thereon 72206 53
6 Net amount of unpaid losses 164089 12
7 Gross premiums without any deduction re
ceived and receivable upon all unexpired
lire risks running one year or less from
date of policy 79031344 unearned pre
miums fifty per cent 395156 72
8 Gross premiums without any deduction re
ceived and receivable upon all unexpired
fire risks running more than one year from
date of policy 97596475 unearned pre
miums pro rata 520702 76
11 Total unearned premiums as computed above carried out 9J5859 48
17 Due and accrued for salaries rent advertising and for
agency and other miscellaneous expenses 10062 61
20 Total amount of all liabilities exceptcapital stock and net
surplus 1090011 21
21 Joint stock capital actually paid up in cash 500000 00
23 Surplus beyond capital and all other liabilities 5305h 80
24 Aggregate amount of all liabilities including capital paid
up and net surplus 2120523 01COMPTROLLERGENERALS REPORT
201
IVINCOME DURING THE YEAR
Fire Risks
7 Entire premiums collected during the year 1753863 24
8 Deduct reinsurance and return premiums 627260 58
9 Net cash actually received for premiums carried out 1126602 66
10 Received for interest on bonds and mortgages 12002 56
11 Received for interests and dividends on stocks and bonds
collateral loans and from all other sources 29257 52
12 Income received from all other sources omitting increase
if any in value of securities viz Rents 5039081 profit
local agency department 2114932 profit sale of real
estate 7327 total 71613 40
13 Received for calls on capital 30000000 for profit on in
creased capital 30000000 total 600000 00
15 Aggregate amount of income actually received during the
year in cash 1839476 14
VEXPENDITURES DURING THE YEAR
Fire Risks
1 Gross amount actually paid for losses in
cluding 4441073 losses occurring in pre
vious years 1449629 84
2 Deduct all amounts actually received for sal
vages whether on losses of the last or of
previous year 321782 and all amounts
actually received for reinsurance in other
companies 44283642 total deductions 44605424
3 Net amount paid during the year for losses 1003575 60
4 Cash dividends actually paid stockholders amount of stock
holders dividends declared during the year 5000 00
6 Paid for commissions or brokerage 305260 40
7 Paid for salaries fees and other charges of officers clerks
agents and all other employees 46763 56
8 Paid for State national and local taxes in this and other
States 42268 22
9 All other payments and expenditures viz Expense ac
count 11316903 printing and stationery account 11
353S8 profit and loss real estate 15205045 total 276573 06
Aggregate amount of actual expenditures during the
year in cash 1679440 84
Business in the State of Georgia during the year
Fire risks written 1180425 00
Premiums received gross 17492 42
Losses paid 10i35 26
Losses incurred 9792 60
202
COMPTROLLERGENERALS REPORT
ROYAL FIRE INSURANCE COMPANY OF LIVERPOOL ENGLAND
U S BRANCH
S E F Beddall General Attorney
Principal Office in the United States 50 Wall Street New York
IIASSETS
1 Market value of real estate owned by the company less the
amount of incumbrances thereon 3269127 90
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 build
ings and perishable improvements 880450 00
5 Value of buildings mortgaged insured for
46670000 as collateral 1078600 00
778600 00
14788 86
12
13
Total value of said mortgaged premises car
ried inside 1959050 00
Total par and market value of stocks and bonds owned ab
solutely by the company carried out at market value 5123006 50
Cash in companys principal office 10300 00
Cash belonging to the company deposited in
bank trust companies and in branch offices
Fourth National Bank New York 57071
Merchants National Bank New York 3
4847S New York Life Insurance and Trust
Co New York 264367065 Gallatin Na
tional Bank New York 365190 New
England National Bank Boston Mass 5
01117 Girard National Bank Philadelphia
Pa 1211298 Continental National Bank
Chicago 42500 Royal Trust Co Chi
cago 753900 First National Bank Chi
cago 56338 Third National Bank At
lanta Ga 142369 Mercantile Trust Co
San Francisco Cal 7087055 Unidn
Savings Bank Oakland Cal 2562588
cash in branch offices 1129079 total 2786240 45
15
i
Total cash items
Interest due and accrued on bonds not included in market
value uncollected
Cash in hands of agents and in course of transmission
All other assets both real and personal viz Rents due and
accrued 378397 due from other companies for reinsur
ance on losses already paid 7763482 total
2796540 45
52964 98
861557 68
3i4i8 79
Total assets of the company actual cash market value 12987005 16COMPTROLLERGENERALS REPORT
203
IIILIABILITIES
1 Losses due and unpaid 63661 36
2 Gross losses in process of adjustment or in
suspense including all reported and sup
posed losses 814580 65
3 Losses resisted including interest costs and
other expenses thereon 7237 71
4 Total gross amount of claims for losses 948479 72
5 Deduct reinsurance thereon 210153 T7
6 Net amount of unpaid losses 738326 55
7 Gross premiums without any deduction re
ceived and receivable upon all unexpired
fire risks running one year or less from
date of policy 513240595 unearned pre
miums fifty per cent 2566202 97
8 Gross premiums without any deduction re
ceived and receivable upon all unexpired
fire risks running more than one year from
date of policy 903882764 unearned pre
miums pro rata 4977210 37
10 Excess of original premiums over amount re
ceived for reinsurance 347770152 un
earned premiums 1880883 54
11 Total unearned premiums as computed above carried out 9424296 88
12 Net premiums reserve and all other liabilities except capi
tal under the life insurance or any other special depart
ment 93995 00
17 Due and accrued for salaries rent advertising and for
agency and other miscellaneous expenses 9345 67
19 All other demands against the company absolute and con
tingent due and to become due admitted and contested
viz Amount reclaimable by the insured on perpetual fire
insurance policies 11994877 commissions due agents
2058136 return premiums 3913476 reinsurance pre
miums 9311689 total 272781 78
20 Total amount of all liabilities except net surplus 10622850 88
23 Surplus beyond capital and all other liabilities 2315714 63
24 Aggregate amount of all liabilities including net surplus 12938565 51
IVINCOME DURING THE YEAR
Fire Risks
I Gross premiums and bills in course of collec
tion at close of last previous year as shown
by that years statement 976100 95
3 Net collected 976100 95
204
COMPTROLLERGENERALS REPORT
4 Gross premiums on risks written and re
newed during the year 12855861 88
5 Total 13831962 83
6 Deduct premiums and bills in course of col
lection at this date 861557 68
7 Entire premiums collected during the year 12970405 15
8 Deduct reinsurance and return premiums 2696855 04
9 Net cash actually received for premiums carried out
10 Received for interest on bonds and mortgages
11 Received for interests and dividends on stock and bonds
collateral loans and from all other sources
12 Income received from all other sources omitting increase
if any in value of securities viz Rents
Deposit premiums received for perpetual fire
risl 552 99
14 Amount of remittances from home office dur
ing the year 4180544 08
IS Aggregate amount of income actually received during the
year in cash t
10273550 11
12093 49
186081 34
52465 46
10524190 40
VEXPENDITURES DURING THE YEAR
r Fire Risks
1 Gross amount actually paid for losses in
cluding 27664452 losses occurring in pre
vious years 9256816 11
2 Deduct all amounts actually received for sal
vages whether on losses of the last or of
previous year 3183370 and all amounts
actually received for reinsurance in other
companies 215261798 total deductions 2184451 68
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 Rents printing
stationery traveling legal and all other expenses
Deposit premiums returned on perpetual fire
risks 10858 24
10 Amount sent to home offices during the year 74347 26
7072364 43
2255523 91
396537 86
177504 03
361331 52
Aggregate amount of actual expenditures during the
year in cash
10263261 75COMPTROLLERGENERALS REPORT
205
Business in the State of Georgia during the year
Fire risks written 6199159 75
Premiums received gross 91699 25
Losses paid 37102 19
Losses incurred 39 5 Tq
ROYAL EXCHANGE ASSURANCE COMPANY OF LONDON ENG
Uberto C Crosby General Manager
Principal Office in the United States 92 William Street New York
Edw E Paschall Atlanta Attorney for Service in Georgia
CAPITAL
I Amount of deposit capital
200000 00
IIASSETS
9 Total par and market value of stocks and bonds owned ab
solutely by the company carried out at market value 1778157 07
12 Cash in companys principal office 75 00
13 Cash belonging to the company deposited in
bank Hanover National Bank New York
11715067 Baring Co New York
44662 Brown Bros Co New York
2129458 WellsFargo Nevada National
Bank San Francisco 24695 Interna
tional Banking Corporation San Francisco
44302 total 139581 84
IS
I
Total cash items
Interest due and accrued on stocks and bonds not included
in market value uncollected
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
Transatlantic 9697571 Austrian Phoenix 15662971
Traders 6531944 carried at 50 per cent or 3265972
special deposit Philadelphia Pa 10000 total
139656 84
21344 04
195321 07
286365 14
Total assets of the company actual cash market value 2420844 16
IIILIABILITIES
1 Losses unpaid not yet due 3375 00
2 Gross losses in process of adjustment or in
suspense including all reported and sup
supposed losses 220081 00206
COMPTROLLERGENERALS REPORT
Losses resisted including interest costs and
other expenses thereon
23200 00
Total gross amount of claims for losses
Deduct reinsurance thereon
246656 00
49712 00
Net amount of unpaid losses
Gross premiums without any deduction re
ceived and receivable upon all unexpired
fire risks running one year or less from
date of policy 88934006 unearned pre
miums fifty per cent
Gross premiums without any deduction re
ceived and receivable upon all unexpired
fire risks running more than one year from
date of policy 111039494 unearned pre
miums pro rata
444670 03
79832 21
II
17
19
20
21
23
4
Total unearned premiums as computed above carried out
Due and accrued for salaries rent advertising and for agen
cy and other miscellaneous expenses
All other demands against the company absolute and con
tingent due and to become due admitted and contested
viz Reinsurance premiums
Total amount of all liabilities except capital and net surplus
Deposit capital
Surplus beyond capital and all other liabilities
Aggregate amount of all liabilities including capital paid
up and net surplus
196944 00
1024502 24
1687 61
5330 12
1226463 97
200000 00
9943S0 19
2420844 16
IVINCOME DURING THE YEAR
Fire Risks
Cross premiums and bills in course of collec
tion at close of last previous year as shown
by that years statement
284847 85
284847 85
Net collected
Gross premiums on risks written and re
newed during the year 1976519 78
Total 2261367 63
Deduct premiums and bills in course of col
lection at this date 195321 07
Entire premiums collected during the year
Deduct reinsurance and return premiums
2066046 56
736047 63
Net cash actually received for premiums carried
1329998 93COMPTROLLERGENERALS REPORT
207
73J79 33
10 Received for interest on bonds
12 Income received from all other sources omitting increase if
any in value of securities viz Austrian Phoenix Insur
ance Company in assets of 1905 57Q0 30
14 Amount of remittances from home office during the year 3187512 91
15 Aggregate amount of income actually received during the
year in cash
VEXPENDITURES DURING THE YEAR
Fire Risks
1 Gross amount actually paid for losses in
cluding 13613912 losses occurring in pre
vious years 5376207 23
2 Deduct all amounts actually received for sal
vages whether on losses of the last or of
previous year 1335904 and all amounts
actually received for reinsurance in other
companies 157779073 total deductions
1591149 77
4596451 47
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 Rent 600500
advertising 420724 postage and agency charges 32
86200 inspection 2205588 traveling 1946223 sta
tionery etc 1010538 sundries 2713844 total
10 Amount sent to home office during the year
Aggregate amount of actual expenditures during the
year in cash
3785057 46
386504 55
104249 41
34790 21
121836 17
146448 69
4578886 52
SCOTTISH UNION AND NATIONAL INSURANCE COMPANY
OF EDINBURGH SCOTLAND
Jas H Brewster United States Manager
Principal Office in the United States 36 Pearl Street Hartford Conn
Edgar S Dunlap Atlanta Attorney for Service in Georgia
ICAPITAL
1 Whole amount of capital stock 30000000 00
2 Amount paid up in cash 1500000 00208
COMPTROLLERGENERALS REPORT
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 432072
interest accrued thereon 132885 total
4 Value of lands mortgaged exclusive of build
ings and perishable improvements 392075 00
5 Value of buildings mortgaged insured for
51850000 as collateral 716150 00
131535 96
w
474643 93
5649 57
2000 00
6 Total value of said mortgaged premises car
ried inside 1108225 00
9 Total par and market value of stocks and bonds owned ab
solutely by the company carried out at market value 3011141 69
11 Total amount loaned on stocks bonds and all other securi
ties except mortgages
3 Cash belonging to the company deposited in bank National
Exchange Bank Hartford Conn 25009273 Imperial
Bank of Canada Toronto Out 6595117 Union Build
ing and Loan Co Cleveland Ohio 1000000 Lake
Shore Banking and Savings Co Cleveland O 500000
First National Bank San Francisco Cal 493326 First
National Bank Oakland Cal 565625 total
Interest due and accrued on stocks and bonds not included
in market value uncollected
Interest due and accrued on collateral loans and uncollected
Cash in hands of agents and in course of transmission
All other assets both real and personal viz Interest due
and accrued on other assets
341633 41
24604 55
50 00
457382 26
270 68
Total assets of the company actual cash market value 4448912 05
inLIABILITIES
2 Gross losses in process of adjustment or in
suspense including all reported and sup
posed losses 281242 66
3 Losses resisted including interest costs and
other expenses thereon 10870 00
Total gross amount of claims for losses 292112 66
5 Deduct reinsurance thereon 66661 31
5 Net amount of unpaid losses 225451 35
7 Gross premiums without any deduction re
ceived and receivable upon all unexpired
fire risks running one year or less fromCOMPTROLLERGENERALS REPORT 209
date of policy 162529250 unearned pre
miums fifty per cent 812646 25
8 Gross premiums without any deduction re
ceived and receivable upon all unexpired
fire risks running more than one year from
date of policy 197157533 unearned pre
miums pro rata 1043399 9
11 Total unearned premiums as computed above carried out 1856045 34
17 Due and accrued for salaries rent advertising and for
agency and other miscellaneous expenses 15000 00
19 All other demands against the company absolute and con
tingent due and to become due admitted and contested
viz Commissions due agents and brokers 6120709 re
turn premiums 4212523 reinsurance 6247721 total 165909 53
20 Total amount of all liabilities except net surplus 2262406 22
23 Surplus beyond capital and all other liabilities 2186505 83
24 Aggregate amount of all liabilities including net surplus 4448912 05
IVINCOME DURING THE YEAR
Fire Risks
I Gross premiums and bills in course of col
lection at close of last previous year as
shown by that years statement 264570 66
3 Net collected 264570 66
4 Gross premiums on risks written and re
newed during the year 3492631 86
5 Total 3757202 52
6 Deduct premiums and bills in course of col
lection at this date 269649 39
7 Entire premiums collected during the year 3487553 13
8 Deduct reinsurance and return premiums 1433752 61
9 Net cash actually received for premiums carried out 2053800 52
10 Received for interest on bonds and mortgages 27725 83
11 Received for interest and dividends on stock and bonds
collateral loans and from all other sources 155969 27
12 Income received from all other sources omitting increase if
any in value of securities viz Rents 12334 3
15 Aggregate amount of income actually received during the
year in cash 2249829 65
14 in210 COMPTROLLERGENERALS REPORT
VEXPENDITURES DURING THE YEAR
Fire Risks
1 Gross amount actually paid for losses in
cluding 21899049 losses occurring in pre
vious years 3J55363 89
2 Deduct all amounts actually received for sal
vages whether on losses of the last or of
previous year 1038932 and all amounts
actually received for reinsurance in other
companies 121202801 total deductions 1222417 33
3 Net amount paid during the year for losses 1932946 56
6 Paid for commissions or brokerage 448992 47
7 Paid for salaries fees and other charges of officers clerks
agents and all other employees 105240 62
8 Paid for State national and local taxes in this and other
States 61870 97
9 All other payments and expenditures viz Miscellaneous
underwriting expenses 12542339 expenses on real es
tate and other investments 6173761 total 187161 00
10 Sent to home offices during the year 343235 00
Aggregate amount of actual expenditures during the
year in cash 3079446 62
Business in the State of Georgia during the year
Fire risks written 3736303 00
Premiums received gross 42826 45
Losses paid 1775l 47
Losses incurred 21253 69
SHAWNEE FIRE INSURANCE COMPANY OF TOPEKA KAN
Joab Mulvane President H S Morgan Secretary
Principal Office 701 Jackson Street
Roderick K Shaw Atlanta Attorney for Service in Georgia
1CAPITAL
1 Whole amount of capital stock 200000 00
2 Amount paid up in cash 200000 00
11ASSETS
1 Market value of real estate owned by the company less the
amount of incumbrances thereon 40000 00
2 Loans on mortgage duly recorded and being tirst liens on
the fee simple 616785 00COMPTROLLERGENERALS REPORT
211
3 Interest due on all said bond and mortgage loans 13458
interest accrued thereon 1011591 total
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 securi
ties except mortgages
Cash in companys principal office 2042 05
Cash belonging to the company deposited in
bank Bank of Topeka 7721710 Mer
chants National Bank Topeka Kan 5
22839 Pioneer Trust Co Kansas City
Mo 511829 total 8756378
12
13
Total cash items
14 Amount of premium notes upon which policies have been
issued
15 Interest due and accrued on bonds not included in market
value uncollected
16 Interest due and accrued on collateral loans and uncollected
17 Cash in hands of agents and in course of transmission
All other assets both real and personal viz Rents due and
accrued
10250 49
198246 18
29618 00
89605 83
1388 14
1235 27
183 42
105071 08
80 00
Total assets of the company actual cash market value 1092463 41
inLIABILITIES
1 Losses due and unpaid 8326 29
2 Gross losses in process of adjustment or in
suspense including all reported and sup
posed losses 247S0 00
4 Total gross amount of claims for losses 3376 29
5 Deduct reinsurance thereon 2226 59
6 Net amount of unpaid losses 3849 7
7 Gross premiums without any deduction re
ceived and receivable upon all unexpired
hre risks running one year or less from
date of policy 36443122 unearned pre
miums fifty per cent 822I5 61
8 Gross premiums without any deduction re
ceived and receivable upon all unexpired
fire risks running more than one year from
date of policy 86466394 unearned pre
miums pro rata 492248 66
11 Total unearned premiums as computed above carried out 674464 27212
COMPTROLLERGENERALS REPORT
19 All other demands against the company absolute and con
tingent due and to become due admitted and contested
viz Reinsurance premiums 183251 miscellaneous
13332 total 1965 83
20 Total amount of all liabilities except capital stock and net
surplus 707279 80
21 Joint stock capital actually paid up in cash 200000 00
23 Surplus beyond capital and all other liabilities 185183 61
24 Aggregate amount of all liabilities including capital paid up
and net surplus 1092463 41
IVINCOME DURING THE YEAR
Fire and Tornado
4 Gross premiums on risks written and re
newed during the year 889363 7
8 Deduct reinsurance and return premiums 198366 20
9 Net cash actually received for premiums carried out 690997 53
10 Received for interest on mortgages 27447 05
11 Received for interest and dividends on stocks and bonds
collateral loans and from all other sources 11357 36
12 Income received from all other sources omitting increase if
any in value of securities viz Rents 105325 profit
on sale or maturity of ledger assets premium notes
66913 discount 141720 total 3139 58
13 Received for increase capital 100000 00
15 Aggregate amount of income actually received during the
year in cash 832941 52
vexpenditures during the year
Fire and Tornado
Gross amount actually paid for losses in
cluding 3574979 losses occurring in pre
vious years 287987 57
Deduct all amounts actually received for sal
vages whether on losses of the last or of
previous year 174898 and all amounts
actually received for reinsurance in other
companies 3007407 total deductions 31823 05
3 Net amount paid during the year for losses 256164 52
4 Cash dividends actually paid stockholders amount of stock
holders dividends declared during the year 10000 00
6 Paid for commissions or brokerage 175338 33
7 Paid for salaries fees and other charges of officers clerks
agents and all other employees 35141 77
COMPTROLLERGENERALS REPORT
213
Paid for State national and local taxes in this and other
States 11210 87
All other payments and expenditures viz Rents 172500
repairs and expenses on real estate2ooi87 advertising
printing and stationery 1086790 furniture and fixtures
100143 freight and express 168491 general ex
pense 1153869 postage and exchange 378998 pre
miums on investments 124297 total 30125 88
Aggregate amount of actual expenditures during the
year in cash 521708 24
SOUTHERN FIRE INSURANCE COMPANY OF LYNCHBURG
VIRGINIA
J Gordon Payne President Holmes Cummins Secretary
Principal Office 214216 Ninth Street
W A Wright Atlanta Attorney for Service in Georgia
ICAPITAL
1 Whole amount of capital stock 200000 00
2 Amount paid up in cash 200000 00
11assets
2 Loans on bond and mortgage duly recorded and being
first liens on the fee simple 130800 00
3 Interest accrued on all said bond and mortgage loans 2049 60
4 Value of lands mortgaged inclusive of
buildings and perishable improvements
insured for 11726500 as collateral 295500 00
9 Total par and market value of stocks and bonds owned
absolutely by the company carried out at market
value 16215937
11 Total amount loaned on stocks bonds and all other
securities except mortgages 7100000
12 Cash in companys principal office 1271 43
13 Cash belonging to the company deposit
ed in bank First National Bank
Lynchburg Va 4 10387 First Na
tional Bank Richmond Va 6246
49 Lynchburg National Bank Lynch
burg Va 15400 American National
Bank Lynchburg Va 30649 Peo
ples National Bank Lynchburg Va214
COMPTROLLERGENERALS REPORT
2218940 National Exchange Bank
Lynchburg Va 31470 total 3321425
Total cash items
15 Interest due and accrued on bonds not included in
market value uncollected
16 Interest due and accrued on collateral loans and un
collected
17 Cash in hands of agents and in course of transmis
1 sion
All other assets both real and personal viz Interest
aocrued on bank deposits
Total assets of the company actual cash market
value 5
34585 38
2032 89
467 40
34676 90
382 15
438154 69
IIILIABILITIES
1 Losses adjusted not yet due i9T4 35
2 Gross losses in process of adjustment
or in suspense including all reported
and supposed losses 2734 37
6 Net amount of unpaid losses
7 Gross premiums without any deduction
received and receivable upon all fire
risks running one year or less from
date of policy 9238769 unearned pre
miums 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 4105509
unearned premiums pro rata
46193 84
31 122 21
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
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
4648 72
773i6 05
1273 28
83238 05
200000 00
154916 64
24 Aggregate amount of all liabilities including capital
paid up and net surplus 43815469COMPTROLLERGENERALS REPORT
215
IVINCOME DURING THE YEAR
I Gross premiums and bills in course of
collection at close of last previous
year as shown by that years state
ment
3 Net collected
4 Gross premiums on risks written and re
newed during the year
5 Total
6 Deduct premiums and bills in course of
collection at this date
Fire Risks
776l 80
7 761 8j
148855 38
156617 18
34676 90
7 Entire premiums collected during the
year 121940 28
8 Deduct reinsurance and return pre
miums 36784 61
9 Net cash actually received for pre
miums carried out
10 Received for interest on bonds and mortgages 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 From
stockholders to constitute surplus
13 Received for increase capital
15 Aggregate amount of income actually received during
the year in cash
85155 67
6866 99
77258 05
9iS44 15
260824 86
vexpenditures during the year
Fire Risks
i Gross amount actually paid for losses
including 90000 losses occurring in
previous years 23862 67
2 Deduct all amounts actually received
for salvages whether on losses of the
last or of previous year 744200
and all amounts actually received for
reinsurance in other companies 19
91600 total deductions 273 58
3 Net amount paid during the year for losses 2358909
6 Paid for commissions or brokerage 21815 00
7 Paid for salaries fees and other charges of officers
clerks agents and all other employees 13363 74216 COMPTROLLERGENERALS REPORT
8 Paid for State national and local taxes in this and
other States 5118 54
9 All other expenditures 10587 88
Aggregate amount of actual expenditures during
the year in cash 74474 25
SOUTHERN MUTUAL FIRE INSURANCE COMPANY OF
ATHENS GEORGIA
Principal Office 102 and 104 College Avenue
Billups Phinizy President A E Griffith Secretary
ICAPITAL
This is a mutual company having no capital stock
its assets at present market value amount to 1076439 29
11assets
I Market value of real estate owned by the company
less the amount of incumbrances thereon 20000 00
9 Total par and market value of stocks and bonds owned
absolutely by the company carried out at market
value 976595 00
13 Cash belonging to the company deposit
ed in bank Georgia National Bank
of Athens Georgia 56363 40
Total cash items 56363 40
15 Interest due and accrued on stocks not included in
market value uncollected 19728 75
17 Cash in hands of agents and in course of transmis
sion 3752 14
Total assets of the company actual cash market
value 1076439 29
IIILIABILITIES
2 Gross losses in process of adjustment
or in suspense including all reported
and supposed losses
6 Net amount of unpaid losses
7 Gross premiums without any deduction
received and receivable upon all unex
pired fire risks running one or less
14000 00
14000 00COMPTROLLERGENERALS REPORT
217
from date of policy 31771432 un
earned premiums fifty per cent158857 16
ii Total unearned premiums as computed above carried
out
20 Total amount of all liabilities except scrip and
net surplus
22 Scrip outstanding
23 Surplus beyond capital and all other liabilities
24 Aggregate amount of all liabilities including capital
paid up and net surplus
158857 16
172857 16
136477 82
767104 31
1076439 29
TVINCOME DURING THE YEAR
7 Entire premiums collected during the
year
8 Deduct return premiums
Fire Risks
322642 99
4928 67
9 Net cash actually received for premiums carried
out
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
15 Aggregate amount of income actually received during
the year in cash
317714 32
435i6 25
245 00
36i475 57
VEXPENDITURES DURING THE YEAR
I Gross amount actually paid for losses including 5
46394 losses occurring in previous years 77534 56
5 Scrip or certificates of profits redeemed in cash 208036 71
6 Paid for commissions or brokerage 47743 01
7 Paid for salaries fees and other charges of officers
clerks agents and all other employees 1619000
8 Paid for State national and local taxes in this and
other States 1013100
9 All other payments and expenditures viz Express
account 244 10
Aggregate amount of actual expenditures during
the year in cash
Business in the State of Georgia during the year
361679 38
Fire risks written
Premiums received gross
Losses paid
Losses incurred
32328679 00
317714 32
77534 56
86070 62218
COMPTROLLERGENERALS REPORT
SOUTHERN INSURANCE COMPANY OF NEW ORLEANS LA
Robt Dickson President Scott McGehee Secretary
Principal Office 727 and 729 Gravier St New Orleans La
J L Riley Atlanta Attorney for Service in Georgia
ICAPITAL
1 Whole amount of capital stock
2 Amount paid up in cash
200000 00
200000 00
IIASSETS
9 Total par and market value of stocks and bonds owned
absolutely by the company carried out at market
value
12 Cash in companys principal office 2484
13 Cash belonging to the company de
posited in bank 43822 45
Total cash items
17 Cash in hands of agents and in course of transmis
sion Agency balances
Total assets of the company actual cash market
value
IIILIABILITIES
2 Gross losses in process of adjustment
or in suspense including all reported
and supposed losses 36399 00
3 Losses resisted including interest costs
and other expenses thereon 119000
4 Total gross amount of claims for losses 37589 00
5 Deduct reinsurance thereon 7929 00
6 Net amount of unpaid losses j
7 Gross premiums without any deduction
received and receivable upon all un
expired fire risks running one year
or less from date of policy 409
66621 unearned premiums fifty per
cent 204833 11
8 Gross premiums without any deduction
received and receivable upon all un
expired fire risks running more than
409950 00
43847 29
169769 25
623566 54
29660 00COMPTROLLERGENERALS REPORT
one year from date of policy 113
27271 unearned premiums pro rata 70779 2
219
19
Total unearned premiums as computed above carried
out
All other demands against the company absolute ana
contingent due and to become due admitted and
contested viz Reinsurance premiums
21
23
24
275612 93
7610 82
Total amount of all liabilities except capital stock and
312883 75
net surplus v
Joint stock capital actually paid up in cash 200000 00
Surplus beyond capital and all other liabilities 110682 79
Aggregate amount of all liabilities including capital
paid up and net surplus 623566 51
Gross premiums and bills
in course of collection
at close of last previous
year as shown by that
years statement
Deduct amount of same
not collected
Net collected
Gross premiums on risks
written and renewed
during the year
IVINCOME DURING THE YEAR
Fire
26423 30
2777 95
23645 35
630705 54
Total 654350 89
Deduct premiums and bills
in course of collection
at this date 169769 25
Net cash actually receiv
ed for premiums car
ried out
Marine and
Inland
2169 68
2169 68
Entire premiums collect
ed during the year 48458164 2169 68
Deduct reinsurance and
return premiums 13609469 114 45
348486 95 2055 23 350542 18rt5f
220
COMPTROLLERGENERALS REPORT
II Received for interests and dividends on stocks and
bonds collateral loans and from all other sources 16051 71
15 Aggregate amount of income actually received during
the year in cash 366593 89
VEXPENDITURES DURING THE YEAR
1 Gross amount actually
paid for losses includ
ing 990129 losses oc
curring in previous
years 3
2 Deduct all amounts ac
tually received for sal
vages whether on
losses of the last or of
previous year 13994
and all amounts ac
tually received for rein
surance in other com
panies 1833491 total
deductions
Fire
Marine and
Inland
145220 28 492 53
18474 85
3 Net amount paid during
the year for losses 126745 43 492 53
4 Cash dividends actually paid stockholders amount of
stockholders dividends declared during the year
1600000
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
etc 1093524 general expenses 2459544 de
preciation on investments 472500 total
Aggregate amount of actual expenditures during
the year in cash g
127237 96
16224 00
116408 20
37759 39
10873 26
40255 68
348758 49COMPTROLLERGENERALS REPORT
221
SPRINGFIELD FIRE AND MARINE INSURANCE COMPANY
OF MASSACHUSETTS
A W Damon President W J Mackay Secretary
Home Office 195 State Street Springfield Mass
C L Strong Co Atlanta Attorneys for Service in Georgia
ICAPITAL STOCK
1 Amount of capital paid up in cash 2000000 00
2 Amount of ledger assets December 31
1905 6403302 83
4 Extended at 6403302 83
IIINCOME
5 Gross premiums 5956466 54
6 Deduct reinsurance rebate abatement
and return premiums 1 382212 12
7 Total premiums other than perpetual 457425442
9 Interest on mortgage loans 26590 79
10 Interest on collateral loans 342 11
11 Interest on bonds and dividends on
stocks 169167 57
12 Interest on deposits 14392 51
14 Gross rents from companys property
including 10000 for companys oc
cupancy of its own buildings 16214 91
15 Total interest and rents 226707 89
16 Profit on sale or maturity of ledger assets 421583 28
36 Total income 5222545 59
IIIDISBURSEMENTS
Fire Risks
i Gross amount paid for losses includ
ing 28247669 occurring in previous
years 4054222 02
2 Deduct amount received for salvages
687259 and for reinsurance in
other companies 69821829 705090 88
3 Net amount paid for losses 3349131 T4
5 Paid stockholders for interest or dividends amount
declared during the year 200000 00222
COMPTROLLERGENERALS REPORT
8 Commissions or brokerage
9 Salaries fees and all other charges of officers direc
tors trustees clerks agents and other employees
10 Rents for companys occupancy of its own buildings
12 Taxes on real estate
13 All other taxes licenses and insurance department
fees
Loss on sale or maturity of ledger assets
All other disbursements Traveling expenses 188
93760 office and agency supplies 5023470 maps
1263921 legal expenses 651716 advertising
and incidental expenses 17270084 total
14
21
38 Total disbursements
866504 44
199120 97
10000 00
6132 00
24907 2T
16626 08
431029 51
203451 35
IVLEDGER ASSETS
i Book value of real estate unincumbered 352443 92
2 Mortgage loans on real estate first liens 76807000
3 Loans secured by pledge of bonds stocks or other
collaterals
4 Book value of bonds excluding interest 98003987
and stocks 288533611
5 Cash in companys office 470806 deposited in banks
Third National Springfield 7300014 Third Na
tional Springfield 36962607 Chicopee National
Springfield 8537218 Springfield National Spring
field 53SS654 total
6 Agents balances representing business written subse
quent to October 1 1906 844244 18
6000 00
3865375 98
586262 99
14 Total ledger assets 642239707
NONLEDGER ASSETS
15 Interest accrued on mortgages
16 Interest accrued on bonds
17 Interest accrued on collateral loans
12940 13
16493 75
150 00
20 Total
22 Market value not including interest in item 16 of
bonds and stocks over book value
29583 88
484724 02
26 Gross assets 6936704 97
DEDUCT ASSETS NOT ADMITTED
33 Depreciation from book value of ledger assets to bring
same to market value viz Real estate
443 92
37 Total admitted assets 6936261 05COMPTROLLERGENERALS REPORT
223
VLIABILITIES
1 Gross losses adjusted and unpaid not
yet due
2 Gross claims for losses in process of
adjustment or in suspense including
all reported and supposed losses
3 Gross iclaims for losses resisted
4 Total
5 Deduct reinsurance due or accrued
63310 42
304164 S3
25170 84
39264s 79
60118 18
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
interest premiums on perpetual fire
risks 312746167 unearned pre
miums fifty per cent 156373083
8 Gross premiums less reinsurance re
ceived and receivable upon all unex
pired fire risks running more than
one year from date of policy 3371
34752 unearned premiums pro rata 1868878 02
332527 61
12 Total unearned premiums as computed above 3432608
26 Total amount of all liabilities except capital 3765136 46
27 Capital actually paid up in cash 2000000 00
28 Surplus over all liabilities 117112459
29 Surplus as regards policyholders 3171124 59
30 Total liabilities 6936261 05
Business in the State of Georgia during the year
Fire risks written 445762400
Gross premiums received 58227 23
Losses paid 31733 19
Losses incurred 30277 72
COMPTROLLERGENERALS REPORT
ST PAUL FIRE AND MARINE INSURANCE COMPANY OF
SAINT PAUL MINN
C H Bigelow President A W Perry Secretary
Principal Office Corner Third and Jackson Streets St Paul Minn
J L Riley Atlanta Attorney for Service in Georgia
ICAPITAL
1 Whole amount of capital stock
2 Amount paid up in cash
500000 oo
500000 00
213793 93
622410 00
IJASSETS
Market value of real estate owned by the company
less the amount of incumbrances thereon
Loans on bond and mortgage duly recorded and
being first liens on the fee simple
Value of lands mortgaged exclusive of
buildings and perishable improve
ments 40186000
Value of buildings mortgaged insured
for 67775000 as collateral 93M9 00
6 Total value of said mortgaged premises
carried inside i33335o 00
9 Total par and market value of stocks and bonds owned
absolutely by the company carried out at market
value 273368250
12 Cash in companys principal office 8514 56
13 Cash belonging to the company de
posited in bank Merchants Na
tional Bank St Paul 13216083
National GermanAm Bank St Paul
6274562 U S Mortgage and Trust
Co New York 7429762 Roberts
Lubbock Co London 2433240
total 293536 47
Total cash items
Bills receivable not matured taken for fire marine
and inland risks
All other assets both real and personal viz Due
from other companies for reinsurance 11093390
agents balances 32219718 other assets 112500
total
302051 03
24088 42
434256 08
Total assets of the company actual cash maket
value 4430 281 96COMPTROLLERGENERALS REPORT
225
IIILIABILITIES
z Gross losses in process of adjustment
or in suspense including all reported
and supposed losses 443769 69
3 Losses resisted including interest costs
and other expenses thereon 3II73
4 Total gross amount of claims for losses 474942 69
5 Deduct reinsurance thereon 64635 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 1570
60795 unearned premiums fifty per
cent
8 Gross premiums without any deduc
tions received and receivable upon all
unexpired fire risks running more
than one year from date of policy
328800425 unearned premiums
pro rata
9 Gross premiums without any deduc
tion including both cash and bills
received and receivable upon all un
expired inland navigation and marine
risks
410307 57
785303 98
1803229 69
58 658 95
II Total unearned premiums as computed above carried
out 2647192 62
19 All other demands against the company absolute and
contingent due and to become due admitted and
contested viz Commissions due agents 3726 76
20 Total amount of all liabilities except capital stock and
net surplus 3061226 95
21 Joint capital actually paid up in cash 500000 00
2 Surplus beyond capital and all other liabilities 869055 01
24 Aggregate amount of all liabilities including capital
paid up and net surplus 4430281 96
IVINCOME DURING THE YEAR
Fire
4 Gross premiums on risks
written and renewed
during the year 403182245
lMll
Marine and
Inland
758 39226
COMPTROLLERGENERALS REPORT
8 Deduct reinsurance
return premiums
and
11029 83
229379 72
9 Net cash actually receiv
ed for premiums car
ried out 319079262 46937867 366017129
10 Received for interest on mortgages 31029 72
11 Received for interests and dividends on stocks and
bonds collateral loans and from all other sources 131220 05
12 Income from all other sources omitting increase if
any in value of securities viz Rents 3092859
gain on sale or maturity of securities etc 16
12936 total 47057 95
15 Aggregate amount of income actually received during
the year in cash 3869479 01
1 Gross amount actually
paid for losses includ
ing 32356848 losses
occurring in previous
years
2 Deduct all amounts ac
tually received for sal
vages whether on
losses of the last or of
previous years 42
81105 ad all amounts
actually received for
reinsurance in other
companies 121831916
total deductions
EXPENDITURES DURING THE YEAR
Fire
Marine and
Inland
3494217 40 443993 59
1078121 03 183009 18
3 Net amount paid during
the year for losses 2416096 37 260984 41 2677080 78
4 Cash dividends actually paid stockholders amount of
stockholders dividends declared during the year 50000 00
6 Paid for commissions or brokerage 838142 11
7 Paid for salaries fees and other charges of officers
clerks agents and all other employees 115479 01
8 Paid for State national and local taxes in this and
other States 10214544
9 All other payments and expenditures 209174 98
Aggregate amount of actual expenditures during
the year in cash 3992022 32COMPTROLLERGENERALS REPORT
227
Business in the State of Georgia during the year
Risks written
Premiums received gross
Losses paid
Losses incurred
Fire
3718676 00
51978 02
27329 47
26781 73
Marine and
Inland
j i402189 00
5000 89
955 86
9SS 86
Aggregate
5120865 00
56978 91
28285 33
27737 59
SUN INSURANCE OFFICE LONDON ENG U S BRANCH
J J Guile Manager
Principal Office 54 Pine Street New York
Jesse M Manry Atlanta Attorney for Service in Georgia
IIASSETS
1 Market value of real estate owned by the company
less the amount of incumbrances thereon 27100000
2 Loans on bonds and mortgages duly recorded and
being first liens on the fee simple 50000 00
3 Interest due and accrued on all said bond and mort
gage loans 375
4 Value of lands mortgaged exclusive of
buildings and perishable improve
ments 40000 CO
5 Value of buildings mortgaged insured
for 4000000 as collateral 47500 00
6 Total value of said mortgaged premises
carried inside 8750000
9 Total par and market value of stocks and bonds own
ed absolutely by the company carried out at market
value 2426929 12
12 Cash in companys principal office 757 33
13 Cash belonging to the company de
posited in bank Bank of New York
26675553 Merchants National Bank
11819057 National Bank of Com
mence 395118 Mercantile Trust
Company 182877 Commercial Na
tional Bank Chicago 21 32720
total 412053 25
Total cash items
412 F10 58228 COMPTROLLERGENERALS REPORT
16 Interest due and accrued on collateral loans and 1111
collected 29784 57
17 Cash in hands of agents and in course of transmission 365854 58
Total assets of the company actual cash market
value 3556753 85
IIILIABILITIES
2 Gross losses in process of adjustment
or in suspense including all reported
and supposed losses 32217826
3 Losses resisted including interest costs
and other expenses thereon 1342400
4 Total gross amount of claims for losses 335602 26
5 Deduct reinsurance thereon 4721891
6 Xet amount of unpaid losses 288383 35
7 Gross premiums without any deduction
received and receivable upon all 1111
expired risks running one year or
less from date of policy 1918
52147 unearned premiums fifty per
cent 959260 73
8 Gross premiums without any deduction
received and receivable upon all un
expired lire risks running more than
one year from date of policy 2
52373380 unearned premiums pro
rata 135869767
11 Total unearned premiums as computed above carried
out 2317958 40
19 All other demands against the company absolute and
contingent due and to become due admitted and
contested viz Salaries rent and taxes 588220
reinsurance 671691 total 12599 II
20 Total amount of all liabilities except capital stock
and net surplus 2618940 86
23 Surplus beyond capital and all oilier liabilities 037X1299
24 Aggregate amount of all liabilities including capital
paid up and net surplus 3556753 85COMPTROLLERGENERALS REPORT
229
IVINCOME DURING THE YEAR
Fire Risks
7 Entire premiums collected during the
year 3547523 09
8 Deduct reinsurance and return premiums 803304 68
9 Net cash actually received for premiums carried
out 274421841
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 100054 70
12 Income received from all other sources omitting in
crease if any in value of securities viz Rents
1080215 net profit on sale of securities 1684756
14 Amount of remittances from home office during the
year 21048018
15 Aggregate amount of income actually received during
the year in cash 4978974 62
VEXPENDITURES DURING THE YEAR
Fire Risks
1 Gross amount actually paid for losses
including 17078552 losses accurring
in previous years 3874117 75
2 Deduct all amounts actually received for
salvages whether on losses of the last
or of previous year 560633 and all
amounts actually received for rein
surance in other companies 1151
96563 total deductions 1157571 96
3 Net amount paid during the year for losses 2716545 79
4 Reinsurance recovered and retained by home office
on account of San Francisco losses 714425 22
6 Paid for commissions or brokerage 631293 00
7 Paid for salaries fees and other charges of officers
clerks agents and all other employees 12914998
8 Paid for State national and local taxes in this and
other States 66879 36
9 All other payments and expenditures viz Rents
2212600 general and agency expenses 9512427
postage 1312282 advertising 1127830 station
ery and printing 1800074 maps 774981 total 167401 94
10 Amount sent to home offices during the year 100000 00
Aggregate amount of actual expenditures during
the year in cash 4525695 29230 COMPTROLLERGENERALS REPORT
Business in the State of Georgia during the year
Fire risks written 211248600
Premiums received gross 42fi27 74
Losses paid P 06
Losses incurred 16382 99
SUN INSURANCE COMPANY OF NEW ORLEANS LA
Charles Janvier President Wm P Mans Secretary
Principal Office 308 Camp Street
Thomas C Whitner Atlanta Attorney for Service in Georgia
CAPITAL
1 Whole amount of capital stock
2 Amount paid up in cash
500000 00
500000 00
11ASSETS
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 40 00
13 Cash belonging to company deposit
ed in bank 131 20
Total cash items
All other assets both real and personal viz Due
from other companies for reinsurance on losses al
ready paid Connecticut Fire Insurance Co 090
premiums in course of collection 64559 86 less
amount due over three months 151436 6304550
total
40000 00
1006255 00
11171 20
63046 40
Total assets of the company actual cash market
value 112047260
IIILIABILITIES
1 Losses adjusted not yet due T5778 99
2 Gross losses in process of adjustment
or in suspense including all report
ed and supposed losses 38678 26COMPTROLLERGENERALS REPORT
231
Losses resisted including interest costs
and other expenses thereon 2705 18
Total gross amount of claims for losses 57162 43
Deduct reinsurance thereon l6442 65
14
IS
16
18
19
Net amount of unpaid losses P
Gross premiums without any deduction
received and receivable upon all unex
pired fire risks running one year or
less from date of policy 282
00162 unearned premiums fifty per
cent 141000 81
Gross premiums without any deduction
received and receivable upon all unex
pired fire risks running more than one
year from date of policy 26397831
unearned premiums pro rata 143739 62
Total unearned premiums as computed above carried
out
Amount of dividends declared but not
yet due 2500 00
Dividends declared and remaining un
paid or uncalled for 1205 00
31
23
34
Cash dividends to stockholders remaining unpaid
Amount of borrowed money
All other demands against the company absolute and
contingent due and to become due admitted and
contested viz Unpaid reinsurance
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
407I9 78
284740 43
26205
35000 00
10367 32
397032 53
500000 00
223440 07
1120 472 60
IVINCOME DURING THE YEAR
Gross premiums and bills
in course of collection
at close of last pre
vious year as shown by
that years statement
3 Net collected
Fire Risks
54347 26
Marine and
Inland Risks
54347 26232
COMPTROLLERGENERALS REPORT
4 Gross premiums on risks
written and renewed
during the year
5 Total
6 Deduct premiums and
bills in course of col
lection at this date
7 Entire premiums collect
ed during the year
S Deduct reinsurance and re
turn premiums
637300 24
29578 52
691647 50
63045 50
628602 00
238405 17
29578 52
29578 52
9847 16
9 Net cash actually re
ceived for premiums
carried out 390196 83 19731 36 409928 19
11 Received for interests and dividends on stock and
bonds collateral loans and from all other sources 41040 00
12 Income received from all other sources omitting in
crease if any in value of securities viz Rents
300000 bills payable 13900000 total 14200000
15 Aggregate amount of income actually received during
the year in cash 592968 19
EXPENDITURES DURING THE YEAR
Gross amount actually
paid for losses includ
ing 4777895 losses
occurring in previous
years
Deduct all amounts ac
tually received for sal
vages whether on
losses of the last or
of previous year 1
73936 and all amounts
actually received for re
insurance in other com
panies 4754203 total
deductions
258567 17
49180 42
2490 51
100 97
3 Net amount paid dur
ing the year for losses 209386 75 2389 54 211776 29
4 Cash dividends actually paid to stockholders amount
of stockholders dividends declared during the year 50325 00
6 Paid for commissions or brokerage 80834 36COMPTROLLERGENERALS REPORT 233
7 Paid for salaries fees and other charges of officers
clerks agents and all other employees 22965 00
8 Paid for State national and local taxes in this and
other States 1090068
9 All other payments and expenditures viz Rents
300000 taxes on real estate 112000 taxes on
assets 239410 165530 08
Aggregate amount of actual expenditures during
the year in cash 548845 51
Business in the State of Georgia during the year
Fire risks written 3122523 00
Premiums received gross 60154 52
Losses paid 28311 89
Losses incurred 28436 89
UNION ASSURANCE SOCIETY OF LONDON ENGLAND
Hall Henshaw U S Managers
Principal Office 35 Pine Street New York City
C L Stoney Atlanta Attorney for Service in Georgia
1CAPITAL
I Whole amount of capital stock statutory deposit 305000 00
IIASSETS
I Market value of real estate owned hy the company less the
amount of incumbrances thereon 325000 00
9 Total par and market value of stocks and bonds owned ab
solutely by the company carried out at market value 830895 00
12 Cash in companys principal office 20 91
13 Cash belonging to the company deposited in
bank Franklin Trust Co New York 65
58485 National City Bank New York
1095698 Canadian Bank of Commerce
San Francisco 1439529 J total 90937 12
Total cash items 90958 03
15 Interest due and accrued on stocks not included in market
value uncollected 874 7
17 Cash in hands of agents and in course of transmission for
uncollected premiums 61524 35
Total assets of the company actual cash market value 1320451 45234
COMPTROLLERGENERALS REPORT
IIILIABILITIES
1 Losses due and unpaid adjusted not yet due 74258 03
2 Gross losses in process of adjustment or in
suspense including all reported and sup
posed losses
3 Losses resisted including interest costs and
other expenses thereon
72514 S3
14103 04
4 Total gross amount of claims for losses
5 Deduct reinsurance thereon
160875 60
61015 31
6 Net amount of unpaid losses
7 Gross premiums without any
ceived and receivable upon
fire risks running one year
date of policy 72508855
miums fifty per cent
8 Gross premiums without any
ceived and receivable upon
fire risks running more than
date of policy 66076442
miums pro rata
deduction re
all unexpired
or less from
unearned pre

deduction re
all unexpired
one year from
unearned pre
99860 2C
362544 27
350408 41
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 Return premiums 30000 reinsurance 2012050
712952 68
20420 50
20 Total amount of all liabilities except net surplus 833233 47
23 Surplus beyond capital and all other liabilities 487217 98
24 Aggregate amount of all liabilities including net surplus 1320451 45
IVINCOME DURING THE YEAR
Fire Risks
4 Gross premiums on risks written and re
newed during the year 1658823 99
8 Deduct reinsurance and return premiums
619439 02
9 Net cash actually received for premiums carried out 1039384 97
11 Received for interests and dividends on stocks and bonds
collateral loans and from all other sources 44737 19
12 Income received from all other sources omitting increase if
any in value of securities 15281 40
13 Received for profit on sale of bonds 271 82
14 Remittances from home office during the year 2668560 12
15 Aggregate amount of income actually received during the
year in cash 3768235 50COMPTROLLERGENERALS REPORT 235
VEXPENDITURES DURING THE YEAR
Fire Risks
1 Gross amount actually paid for losses in
cluding 7061783 losses occurring in pre
vious years 4691881 79
2 Deduct all amounts actually received for sal
vages whether on losses of the last or of
previous year 678200 and all amounts
actually received for reinsurance in other
companies 107277633 total deductions 107955896
3 Net amount paid during the year for losses 3612322 83
6 Paid for commissions or brokerage 281711 20
7 Paid for salaries fees and other charges of officers clerks
agents and all other employees 48559 07
8 Paid for State national and local taxes in this and other
States 3148939
9 All other payments and expenditures viz printing and sta
tionery 619407 advertising 143574 traveling 13
10349 boards 1408333 postage 268802 maps 3
510 41 telegrams 152307 expressage 95037 miscel
f 64964 30
laneous
10 Sent to home office during the year 255607 73
Aggregate amount of actual expenditures during the
u 4294714 52
year in cash v v
Business in the State of Georgia during the year
2046450 00
Fire risks written t j
Premiums received gross 1271 4S
T 8163 40
Losses paid T
j 6264 71
Losses incurred
UNITED FIREMENS INSURANCE COMPANY OF PHILADELPHIA
Robert B Beath President Dennis J Sweeny Secretary
Principal Office 419 Walnut Street
W E Chapin Atlanta Attorney for Service in Georgia
ICAPITAL
Whole amount of capital stock 400000 00
2 Amount paid up in cash 400000 00
IIASSETS
I Market value of real estate owned by the company less the
amount of incumbrances thereon Io8 5236
COMPTROLLERGENERALS REPORT
Loans on bond and mortgage duly recorded and being first
liens on the fee simple
Interest due on all said bond and mortgage loans 10730
interest accrued thereon 385033 total
Value of lands mortgaged exclusive of
buildings and perishable improvements
Value of buildings mortgaged insured for
26060000 as collateral 36s8oo 00
231650 00
6 Total value of said mortgaged premises car
ried inside
n 597450 00
9 lotal par and market value of stocks and bonds owned ab
solutely by the company carried out at market value
Total amount loaned 911 stocks bonds and all other securi
ties except mortgages
12 Cash in companys principal office 6243 51
Cash belonging to the company deposited in
bank Real Estate Title Ins Trust Co
2305964 Quaker City National Bank
1874777 Central National Bank 31867
86 t0tal 73675 27
11

Total cash items
16 Interest due and accrued on collateral loans and uncollecied
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
3545245 deposited with Philadelphia Underwriters
Assn 10000 perpetual deposit in course of collection
342917
Total assets of the company actual cash market value
298582 00
3957 63
1039045 00
230000 00
799i8 78
341 21
74809 11
38981 62
1934485 35
IIILIABILITIES
2 Gross losses in process of adjustment or in
suspense including all reported and slip
py1 losses 7229404
5 Deduct reinsurance thereon 14004 70
6 Net amount of unpaid losses 3
7 Gross premiums without any deduction re
ceived and receivable upon all unexpired
Ine risks running one year or less from
date of policy 41428673 unearned pre
miums fifty per cent 207143 37
8 Gross premiums without any deduction re
ceived and receivable upon all unexpired
fire risks running more than one year from
58289 34COMPTROLLERGENERALS REPORT 287
date of policy 50790965 unearned pre
miums pro rata 283207 60
Amount reclaimable on perpetual policies
90 and 95 per cent of deposits 902529 46
11 Total unearned premiums as computed above carried out 1392880 43
17 Due and accrued for salaries rent advertising and for
agency and other miscellaneous expenses 1400 19
20 Total amount of all liabilities except capital stock and net
surplus 1452569 06
21 Joint stock capital actually paid up in cash 400000 00
23 Surplus beyond capital and all other liabilities 81915 39
24 Aggregate amount of all liabilities including capital paid up
and net surplus 1934485 35
IVINCOME DURING THE YEAR
Fire Risks
4 Gross premiums on risks written and re
newed during the year 745295 95
8 Deduct reinsurance and return premiums 155276 26
9 Total carried out 590019 69
10 Received for interest on bonds and mortgages 17193 60
11 Received for interest and dividends on stock and bonds
collateral loans and from all other sources 54252 63
12 Income received from all other sources omitting increase if
any in value of securities viz Rents 634933 profit
and loss 711107 total 13460 40
13 Received for increase capital 100000 00
15 Aggregate amount of income actually received during the
year in cash 774926 32
Deposit premiums written on perpetual policies 60505 08
Total income 835431 40
VEXPENDITURES DURING THE YEAR
Fire Risks
1 Gross amount actually paid for losses in
cluding 2609939 losses occurring in pre
vious years 967906 66
2 Deduct all amounts actually received for sal
vages whether on losses of the last or of
previous year 85691 and all amounts
actually received for reinsurance in other
companies 38343664 total deductions 38429365
3 Net amount paid during the year for losses 583613 01
238 COMPTROLLERGENERALS REPORT
4 Cash dividends actually paid stockholders amount of stock
holders dividends declared during the year
6 Paid for commissions or brokerage
7 Paid for salaries fees and other charges of officers clerks
agents and all other employees
8 Paid for State national and local taxes in this and other
States
9 All other payments and expenditures viz Taxes and re
pairs on real estate 774154 profit and loss 14360
commission for underwriting increased capital 1000000
advertising postage and stationery 987026 traveling
671186 maps 405736 expense 2010389 legal
51120 total
Aggregate amount of actual expenditures during the
year in cash
Deposit on perpetual policies returned
Total disbursements
Business in the State of Georgia during the year
Fire risks written
Premiums received gross
Losses paid
Losses incurred
30000 00
143843 50
38939 48
17084 62
59139 71
872620 32
33399 71
906020 03
367832 00
6339 73
i559 53
9o8i 53
UNITED STATES LLOYDS MARINE INSURANCE UNDERWRIT
ERS OF NEW YORK N Y
Principal Office 1618 Exchange Place New York N Y
A F Higgins Herbert Appleton Douglas F Cox Attorneys for the Sub
scribers
1CAPITAL
1 Whole amount of original deposit 100000 00
2 Amount paid up in cash 100000 00
irASSETS
9 Total par and market value of stocks and bonds owned ab
solutely by the company carried out at market value 692450 00
12 Cash in companys principal office 2000 00
13 Cash belonging to the company deposited in
bank 277660 82
Total cash items 279660 82COMPTROLLERGENERALS REPORT
239
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 Due from
other companies for reinsurance on losses already paid
Reinsurance and salvages 7607582 reinsurance returns
2060000 reinsurance paid on unterminated 6778389
brokerage paid on terminated 2020273
7029 17
401722 74
94662 44
Total assets of the company actual cash market value 1565525 17
IIILIABILITIES
2 Gross losses in process of adjustment or in
suspense including all reported and sup
posed losses 915415 00
3 Losses resisted including interest costs and
other expenses thereon 8805 00
4 Total gross amount of claims for losses 924220 00
5 Deduct reinsurance thereon 642980 00
d Net amount of unpaid losses 281240 00
9 Gross premiums without any deduction including both
cash and bills received and receivable upon all unex
pired inland navigation and marine risks 472283 52
17 Due and accrued for salaries rent advertising and for
agency and other miscellaneous expenses I745
19 All other demands against the company absolute and con
tingent due and to become due admitted and contested
viz Return premiums 1500000 on deposit with us in
trust 5622088 71220 88
20 Total amount of all liabilities except capital stock and net
surplus 842194 40
21 Joint stock capital actually paid up in cash amount of orig
inal deposit 100000 00
23 Surplus beyond capital and all ether liabilities 623330 77
24 Aggregate amount of all liabilities including capital paid up
and net surplus 156552s 17

IVINCOME DURING THE YEAR
1 Gross premiums and bills in course of col
lection at close of last previous year as
shown by that years statement
2 Deduct amount of same not collected
3 Net collected
Marine and
Inland Risks
255159 95
2241 12
252918 83
240
COMPTROLLERGENERALS REPORT
4 Gross premiums on risks written and re
newed during the year 2477513 30
5 Total 2730432 13
6 Deduct premiums and bills in course of col
lection at this date 399481 62
7 Entire premiums collected during the year 2330950 51
8 Deduct reinsurance and return premiums 1479479 20
9 Net cash actually received for premiums carried out
11 Received for interest and dividends on stocks bonds col
lateral loans and from all other sources
12 Income received from all other sources omitting increase if
any in value of securities viz Commission 20710088
exchange 624777 total
851471 31
32990 45
213348 65
15 Aggregate amount of income actually received during the
year in cash 1097810 41
VEXPENDITURES DURING THE YEAR
Fire Risks
1 Gross amount actually paid for losses in
cluding 7013107 losses occurring in pre
vious years 73835024
2 Deduct all amounts actually received for sal
vages whether on losses of the last or of
previous year and all amounts actually
received for reinsurance in other companies 124944 16
3 Net amount paid during the year for losses 613406 08
4 Cash dividends actually paid stockholders amount of stock
holders dividends declared during the year 50000 00
6 Paid for commissions or brokerage 251592 72
7 Paid for salaries fees and other charges of officers clerks
agents and all other employees 96655 98
8 Paid for State national and local taxes in this and other
States 18898 91
9 All other payments and expenditures viz Rent 876000
depreciation on investments 725000 total 16010 00
Aggregate amount of actual expenditures during the
year in cash 1046563 69COMPTROLLERGENERALS REPORT
241
VIRGINIA STATE FIRE INSURANCE COMPANY OF RICHMOND
VIRGINIA
Geo L Christian President Robt Lecky Jr Secretary
Principal Office Corner Fifth and Main Streets
ICAPITAL
i Whole amount of capital stock 200000 00
2 Amount paid up in cash 200000 00
11ASSETS
1 Market value of real estate owned by the company less the
amount of incumbrances thereon 100891 92
2 Loans on bond and mortgage duly recorded and being first
liens on the fee simple 39836 88
3 Interest due on all said bond and mortgage loans 1033 20
4 Value of lands mortgaged exclusive of
buildings and perishable improvements 3805000
5 Value of buildings mortgaged insured for
6265000 as collateral 117300 00
6 Total value of said mortgaged premises car
ried inside 155350 00
9 Total par and market value of stocks and bonds owned ab
solutely by the company carried out at market value 460555 00
12 Cash in companys principal office 8493 35
13 Cash belonging to the company deposited in
bank State Bank of Virginia 2298670
Total cash items 31 8o 5
15 Interest due and accrued on stocks not included in market
value uncollected 7o84 87
16 Interest due and accrued and uncollected on other assets 573 12
17 Cash in hands of agents and in course of transmission 165063 52
18 Bills receivable not matured taken for fire risks 2001 04
All other assets both real and personal viz Open accounts
399236 brokerage premiums 639046 furniture fix
tures and printing office 250000 I2882 82
Total assets of the company actual cash market value 821402 42
IIILIABILITIES
1 Losses unpaid yet yet due 23224 60
2 Gross losses in process of adjustment or in
suspense including all reported and sup
posed losses 3669664
18 in242
COMPTROLLERGENERALS REPORT
3 Losses resisted including interest costs and
other expenses thereon 2075 00
4 Total gross amount of claims for losses 61996 24
5 Deduct reinsurance thereon 6025 71
6 Net amount of unpaid losses
7 Gross premiums without any
ceived and receivable upon
fire risks running one year
date of policy 42835678
miums fifty per cent
8 Gross premiums without any
ceived and receivable upon
fire risks running more than
date of policy 25905770
miums pro rata
deduction re
all unexpired
or less from
unearned pre
214178 39
deduction re
all unexpired
one year from
unearned pre
155183 32
55970 53
369361 71
266 00
36671 97
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 due or to become due 3612686 rein
surance premiums 54511 total
20 Total amount of all liabilities except capital stock and net
surplus 46227021
21 Joint stock capital actually paid up in cash 200000 00
23 Surplus beyond capital and all other liabilities 159132 21
34 Aggregate amount of all liabilities including capital paid up
and net surplus 821402 42
IVINCOME DURING THE YEAR
Fire Risks
I Gross premiums and bills in course of col
lection at close of last previous year as
shown by that years statement 107843 26
3 Net collected 107843 26
4 Gross premiums on risks written and re
newed during the year 842145 99
5 Total 949989 25
6 Deduct premiums and bills in course of col
lection at this date 165063 52
7 Entire premiums collected during the year 784925 73
8 Deduct reinsurance and return premiums 227481 62
9 Net cash actually received for premiums carried out 557444 IICOMPTROLLERGENERALS REPORT
10 Received for interest on bonds and mortgages
ir Received for interests and dividends on stocks and bonds
collateral loans and fronj all other sources
12 Income received from all other sources omitting increase if
any in value of securities viz Rents 952374 profit
on sale of real estate 60951 total
15 Aggregate amount of income actually received during the
year in cash
243
2224 49
11436 38
10133 25
581238 23
VEXPENDITURES DURING THE YEAR
1 Gross amount actually paid for losses in
cluding 3824596 losses occurring in pre
vious years 299816 83
2 Deduct all amounts actually received for sal
vages whether on losses of the last or of
previous year 245752 and all amounts
actually received for reinsurance in other
companies 3820589 total deductions 4066341
3 Net amount paid during the year for losses
4 Cash dividends actually paid stockholders amount of stock
holders dividends declared during the year
6 Paid for commissions or brokerage
7 Paid for salaries fees and other charges of officers clerks
agents and all other 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
Business in the State of Georgia during the year
Fire risks written
Premiums received gross
Losses paid
Losses incurred
259153 42
11986 50
113537 32
28491 06
5612 65
99763 04
5i8543 99
674852 00
11468 32
3261 44
5320 32m
244
COMPTROLLERGENERALS REPORT
WESTCHESTER FIRE INSURANCE COMPANY OF NEW YORK
George R Crawford President Morell O Brown Secretary
Principal Office ioo William Street New York
Edgar Dunlap Atlanta Attorney for Service in Georgia
capital
1 Whole amount of capital stock
2 Amount paid up in cash
300000 00
300000 00
IIASSETS
1 Market value of real estate owned by the company less the
amount of incumbrances thereon
2 Loans on bond and mortgage l duly recorded and being first
liens on the fee simple
3 Interest due on all said bond and m rtgage loans 14155
interest accrued thereon 181059 total
4 Value of lands mortgaged exclusive of build
ings and perishable improvements 48870000
5 Value of buldings mortgaged insured for
3uroooo as collateral 428650 00
1067 00
41 Si 85 00
3057 H
6 Total value of said mortgaged premises car
ried inside 9735o 00
9 Total par and market value of stocks and bonds owned ab
solutely by the company carried nut at market value 2692500 00
12 Cash in companys principal office 6336 78
13 Cash belonging to the company deposited in
bank Chatham National Hank New York
12980002 Union Trust Co 10675700 23655702
Total cash items 2 42893 80
15 Interest due and accrued on stocks not included in market
value uncollected 17850 00
17 Cash in hands of agents and in course of transmission 352123 51
Total assets of the company actual cash market value 3738676 45
IIILIABILITIES
1 Losses adjusted and unpaid 67565 15
2 Gross losses in process of adjustment or in
suspense including all reported and sup
posed losses 192984 49COMPTROLLERGENERALS REPORT
245
3 Losses resisted including interest costs and
other expenses thereon
4 Total gross amount of claims for losses
5 Deduct reinsurance thereon
6500 00
267049 64
29146 72
Net amount of unpaid losses 237902 92
Gross premiums without any deduction re
ceived and receivable upon all unexpired
fire risks running one year or less from
date of policy 156516000 unearned pre
miums fifty per cent 782580 00
Gross premiums without any deduction re
ceived and receivable upon all unexpired
fire risks running more than one year from
date of policy 254351024 unearned pre
miums pro rata 1330031 06
II Total unearned premiums as computed above carried out
17 Due and accrued for salaries rent advertising and for agen
cy and other miscellaneous expenses
19 All other demands against the company absolute and con
tingent due and to become due admitted and contested
2500000 excess of original premiums over amount re
ceived for reinsurance 4688714 total
21
23
24
2112611 06
5000 00
718
14
Total amount of all liabilities except capital stock and net
surplus 2427401 12
Joint stock capital actually paid up in cash 300000 00
Surplus beyond capital and all other liabilities 1011275 33
Aggregate amount of all liabilities including capital paid up
and net surplus 3738676 45

IVINCOME DURING THE YEAR
Fire Risks
Gross premiums on risks written and re
newed during the year 350292053
Deduct reinsurance and return premiums 727825 42
15
Net cash actually received for premiums carried out 2775095 11
Received for interest on bonds and mortgages 18010 24
Received for interests and dividends on stock and bonds
collateral loans and from all other sources 121620 82
Income received from all other sources omitting increase if
any in value of securities 4073579 rents 51485 total 41250 64
Aggregate amount of income actually received during the
year in cash 2955976 81246 COMPTROLLERGENERALS REPORT
vexpenditures during the year
Fire Risks
1 Gross amount actually paid for losses in
cluding 17549020 losses occurring in pre
vious years 2299193 79
2 Deduct all amounts actually received for sal
vages whether on losses of the last or of
previous year 1101941 and all amounts
actually received for reinsurance in other
companies 28785811 total deductions 298877 52
3 Net amount paid during the year for losses 2000316 27
4 Cash dividends actually paid stockholders amount of stock
holders dividends declared during the year 90000 00
6 Paid for commissions or brokerage 578457 88
7 Paid for salaries fees and other charges of officers clerks
agents and all other employees 144864 61
8 Paid for State national and local taxes in this and other
States 58778 58
9 All other payments and expenditures viz Postage tele
graph and express advertising fire patrols general agen
cy maps traveling etc 223852 20
Aggregate amount of actual expenditures during the
year in cash 3096269 54
Business in the State of Georgia during the year
Fire risks written 2626310 00
Premiums received gross 3968 96
Losses paid 12327 91
Losses incurred 16396 90
WESTERN ASSURANCE COMPANY OF TORONTO CANADA
Geo A Cox President C C Foster Secretary
Principal Office 22 Wellington Street Fast
IIassets
9 Total par and market value of stocks and bonds owned ab
solutely by the company carried out at market value 1814947 16
12 Cash in companys principal office 26 46
13 Cash belonging to the company deposited in
bank Wm Gray and H B Walker agents
Canadian Bank of Commerce New York
44820622 Corn Exchange Nat Bank
Chicago 447619 United States MortCOMPTROLLERGENERALS REPORT
247
gage and Trust Co New York 500000
total 457682 41
Total cash items 457708 87
15 Interest due and accrued on stocks not included in market
value uncollected 22536 98
17 Cash in hands of agents and in course of transmission 205212 48
18 Bill receivable not matured taken for fire marine and in
land risks 18 179 03
Total assets of the company actual cash market value 2518584 52
IIILIABILITIES
1 Losses due and unpaid 66077 41
2 Gross losses in process of adjustment or in
suspense including all reported and sup
posed losses 337338 15
3 Losses resisted including interest costs and
other expenses thereon 11035 00
6 Net amount of unpaid losses 414450 56
7 Gross premiums without any deduction re
ceived and receivable upon all unexpired
fire risks running one year or less from
date of policy 176350892 unearned pre
miums fifty per cent 88175446
8 Gross premiums without any deduction re
ceived and receivable upon all unexpired
fire risks running more than one year from
date of policy 132863580 unearned pre
miums pro rata 702056 72
9 Gross premiums without any deduction in
cluding both cash and bills received and
receivable upon all unexpired inland navi
gation and marine risks 8899123 fifty
per cent 44495 61
Mar time hull 4530530 fifty per cent 22652 65
10 Gross premiums without any deductions re
ceived and receivable on all unexpired ma
rine risks ocean cargo 100 per cent 5113 25
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
1656072 69
25429 62
Total amount of all liabilities except capital and net surplus 2095952 87248
COMPTROLLERGENERALS REPORT
21 Deposit capital
23 Surplus beyond capital and all other liabilities
201000 00
221631 65
24 Aggregate amount of all liabilities including capital paid
up and net surplus 2518584 52
IVINCOME DURING THE YEAR
Marine and
Fire Risks Inland Risks
I Gross premiums and bills in
course of collection at close
of last previous year as
shown by that years state
ment 41118554 6i455 9i
3 Net collected
4 Gross premiums on risks writ
ten and renewed during the
year 2979767 15
411185 54 61455 91
580244 25
5 Total 3390952 69 641700 16
6 Deduct premiums and bills in
course of collection at this
date 176380 95 47oio 56
7 Entire premiums collected dur
ing the year 321457174 59468960
8 Deduct reinsurance and return
premiums 780313 74 194158 28
9 Net cash actually received for
premiums carried out 2434258 00 400531 32 2834789 32
11 Received for interests and dividends on stocks and bonds
collateral loans and from all other sources 60862 33
14 Amount of remittance from home office dur
ing the year 1291859 49

15 Aggregate amount of income actually received during the
year in cash 2895651 65
VEXPENDITURES DURING THE YEAR
Mai ine and
Fire Risks Inland Risks
1 Gross amount actually paid for
losses including 11088075
losses occuring in previous
years 2947483 92 352097 42
2 Deduct all amounts actually re
ceived for salvages whether
on losses of the last or of
previous year 1991042
and all amounts actually re
COMPTROLLERGENERALS REPORT 249
ceived for reinsurance in
other companies 28377106
total deductions 261699 29 41982 19
3 Net amount paid during the
year for losses 2685784 63 3IOU5 23 2995899 86
6 Paid for commissions or brokerage 553532 90
7 Paid for salaries fees and other charges of officers clerks
agents and all other employees 994S 06
8 Paid for State national and local taxes in this and other
States 6835c7l
9 All other payments and expenditures viz Miscellaneous 153975 01
Affereeate amount of actual expenditures during the
u 3871439 20
year in cash v J
Business in the State of Georgia during the year
Marine and
Fire Inland Aggregate
Risks written 3477705 00 687932 00 4165637 00
Premiums received gross 41561 50 2429 31 4399 81
Tosses paid 2993053 264844 32578 97
Losses incurred 3UI03 44 33751 65
WILLIAMSBURGH CITY FIRE INSURANCE COMPANY OF
BROOKLYN N Y
Marshall S Driggs President Frederick H Way Secretary
Principal Office 150 Broadway New York
W R Hoyt Atlanta Attorney for Service in Georgia
CAPITAL
1 Whole amount of capital stock
2 Amount paid up in cash
250000 00
IIASSETS
1 Market value of real estate owned by the company less the
amount of incumbrances thereon
2 Loans on bond and mortgage duly recorded and being first
liens on the fee simple
3 Interest accrued on all said bond and mortgage loans
4 Value of lands mortgaged exclusive of build
ings and perishable improvements 698500 00
5 Value of buildings mortgaged insured for
29350000 as collateral
378500 00
6 Total value of said mortgaged premises car
ried inside
1077000 00
250000 00
108929 76
540100 00
1951 87
250
COMPTROLLERGENERALS REPORT
9 Total par and market value of stocks and bonds owned ab
solutely by the company carried out at market value
i Total amount loaned on stocks bonds and all other securi
ties except mortgages
Cash in companys principal office 10156 63
Cash belonging to the company deposited in
bank Chatham National New York 30
42924 First National Brooklyn 115416
37 Mechanics National Brooklyn 3629
42 Williamsburgh Trust Co 2500000
Broadway Trust Co 5000000 total 224473 03
12
13
1228325 00
44250 00
Total cash items
15 Interest due and accrued on stocks not included in market
value uncollected
16 Interest due and accrued on collateral loans and uncollected
17 Cash in hands of agents and in course of transmission
All other assets both real and personal viz Rents due and
accrued
234631 66
11498 24
184 37
172229 37
771 67
Total assets of the company actual cash market value 2342871 94
IIILIABILITIES
1 Losses unpaid not due
2 Gross losses in process of adjustment or in
suspense including all reported and sup
posed losses
3 Losses resisted including interest costs and
other expenses thereon
4 Total gross amount of claims for losses
5 Deduct reinsurance thereon
4768 92
326748 17
4486 39
336003 48
110527 97
6 Net amount of unpaid losses
7 Gross premiums without any deduction re
ceived and receivable upon all unexpired
fire risks running more than one year from
date of policy 81874775 unearned pre
miums fifty per cent
8 Gross premiums without any deduction re
ceived and receivable upon all unexpired
fire risks running more than one year from
date of policy 127525362 unearned pre
miums pro rata
225475 51
409373 88
679897 61
11 Total unearned premiums as computed above carried out
17 Due and accrued for salaries rent advertising and for agen
cy and other miscellaneous expenses
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
1089271 49
6712 69
7318 62
1328778 31COMPTROLLERGENERALS REPORT
251
21 Joint stock capital actually paid up in cash
23 Surplus beyond capital and all other liabilities
250000 00
764093 63
24 Aggregate amount
and net surplus
of all liabilities including capital paid up
2342871 94
IVINCOME DURING THE YEAR
Fire Risks
7 Entire premiums collected during the year 1568339 52
8 Deduct reinsurance and return premiums 296196 47
9 Net cash actually received for premiums carried out 1272143 05
10 Received for interest on bonds and mortgages TO333 13
11 Received for interests and dividends on stocks and bonds
collateral loans and from all other sources 61048 99
12 Income received from all other sources omitting increase if
any in value of securities viz Rents 5832004 profit
on sale of stocks and premiums 17781625 total 236136 29
15 Aggregate amount
year in cash
of income actually received during the
1579661 46
VEXPENDITURES DURING THE YEAR
1 Gross amount actually paid for losses in Fire Risks
eluding 9353251 losses occurring in pre
vious years 168564654
2 Deduct all amounts actually received for sal
vages whether on losses of the last or of
previous year 327679 and all amounts
actually received for reinsurance in other
companies 38034110 total deductions 38361789
Net amount paid during the year for losses 1302028 65
Cash dividends actually paid stockholders amount of stock
holders 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
Paid for State national and local taxes in this and other
States and licenses
All other payments and expenditures
Aggregate amount of actual expenditures during the
year in cash
Business in the Slate of Georgia during the year
75000 00
309097 09
106014 47
358i6 9
102814 37
1930771 52
Fire risks written
Premiums received gross
Losses paid
Losses incurred
2240110 00
36437 18
n338 14
10002 20252
COMPTROLLERGENERALS REPORT
AMERICAN ASSURANCE COMPANY OF PENNSYLVANIA
Reinbold R Koch President Walter W Connel Secretary
Principal Office 14 S Broad Street Philadelphia Pa
ICAPITAI STOCK
I Amount of capital stock
paid up in cash 15000000
Amount of net ledger assets Decem
ber 31 of previous year 152999 16
Increase of capital during 1906 50000 00
Extended at
IIINCOME DURING YEAR 1906
I Cash received for premiums on new
policies without deductions for com
missions or other expenses 16897 13
1 Cash received for renewal premiums
without deductions for commissions
or other expenses 3851343
7 Total premium income 3
8 Cash received for interest on mortgage loans
9 Cash received for interest on bonds owned and divi
dends on stock
11 Cash received for interest on other debts due the
company
ro From all other sources viz Premiums other than
life 17740084 policy fees 1933775 surplus from
increase stock 45000 other sources 10514
Total
IIIDISBURSEMENTS FOR THE YEAR I906
1 Cash paid for death claims including revisionary ad
ditions 3
7 Total net amount actually paid for losses and ma
tured endowments
16 Cash paid stockholders for interest on dividends
17 Cash paid for commissions and bonuses to agents less
commission on reinsurance new policies 211172
renewals 770269
18 Cash paid for salaries and allowances to managers
and agents
202999 16
55410 56
461 12
7414 53
449 82
241843 77
305579 7o
14346 4
14346 40
10000 00
9814 41
20434 7iCOMPTROLLERGENERALS REPORT
253
19 Cash paid for medical examiners fees 700 15
20 Cash paid for salaries and all other compensation of
officers and other home office employees 38377 43
21 Cash paid for taxes on new premiums and on re
newals 184881 capital stock 75000 259881
23 Cash paid for insurance department fees and agents
licenses 1199 7
24 Cash paid for rent including companys occupancy 7487 74
27 Cash paid for advertising 79073 printing and sta
tionery 660406 express and postage 372300 1111779
28 Cash paid for legal expenses 304 79
29 Cash paid for the following items viz Agency super
vision traveling 520164 adjustment claims life
8648 adjustment claims other than life 200000
claims paid other than life 7320213 commissions
and collections other than life 3997446 policy
fees to agents 1933775 traveling expenses 1
71435 telephone 15579 all other sources 1
09219 25914629
30 Total disbursements 259146 29
IVASSETS AS PER LEDGER ACCOUNT
2 Loans on mortgage first liens on real estate 9142 66
6 Cost value of bonds and stocks owned excluding ac
crued interest at time of purchase 220375 50
7 Cash in companys office 2103 50
8 Cash deposited in banks 10876 43
10 Agents ledger balances 97367 furniture and fixtures
458456 printing plant 137631 693454
13 Total net or ledger assets 249432 63
OTHER ASSETS
14
IS
23
Interest accrued on mortgages
Interest accrued on bonds and stocks
Gross premiums due and unreported on
policies in force December 31 1906
Renewals
25 Deducting loading 20 per cent on re
newals
983 09
196 62
26 Net amount of uncollccted and deferred premiums
27 Gross premiums due and unreported other than life
400723 supplies printed matter and stationery
150000
144 18
i78 33
786 47
5507 23
28 Total assets as per the books of the company 257618 84254
COMPTROLLERGENERALS REPORT
ITEMS NOT ADMITTED
2 Furniture fixtures and safes 4584 56
5 Agents balances 973 67
7 Printing plant 1376 31
8 Supplies printed matter andstationery 1500 00
Total
g Total assets less items not admitted
8434 54
249184 30
VLIABILITIES
I Net present value of all the outstanding policies in
force on the 31st day of December 1906 computed
according to The Actuaries Table of Mortality with
4 per cent interest to 1901 and 3 12 per cent since
1901
5 Claims for death losses in process of adjustment or
adjusted and not due
10 Amount of all unpaid dividends of surplus or other
description of profits due policyholders Claims
reported and proofs not received other than life
13 Amount due on account of salaries rents and office
expenses
it Amount of any other liability of the company viz
Premiums paid in advance life 24594 other than
life 100250
Cost of collection other than life 80144 unearned
premiums on casualty business 903124
17 Liabilities on policyholders account
18 Gross surplus on policyholders account Capital
stock 15000000 surplus 2899125
lo Total liabilities 249184 30
53732 00
910 00
4079 67
390 26
1248 44
9832 68
70193 05
178991 25
AMERICAN NATIONAL INSURANCE COMPANY OF GALVES
TON TEXAS
W L Moody Jr President H Sheffield Jr Secretary
Principal Office Galveston Texas
ICAPITAL STOCK
Amount of capital stock
paid up in cash 100000 00
Amount of net or ledger assets Decem
ber 31 of previous year 11299897
Extended at 112998 99COMPTROLLERGENERALS REPORT
255
IIINCOME DURING YEAR 1906
I Cash received for premiums on new
policies without deductions for com
missions or other expenses 228482 29
1 i2Cash received for renewal premiums
without deductions for commissions
or other expenses 81934 25
Total
6 Deduct amount of premiums paid to
other companies for reinsurance on
policies in this company New busi
ness
3io4i7 14
759 35
7 Total premium income 309657 79
9 Cash received for interest on bonds owned and divi
dends on stock 4785 95
15 Ledger assets other than premiums received from
other companies for assuming or reinsuring their
risks 9829 95
19 From all other sources viz Premium receipt books 205 97
Total income 324479 66
IIIDISBURSEMENTS FOR THE YEAR I906
I Cash paid for death claims including revisionary ad
ditions 25004 48
10 Cash dividends paid policyholders and health and ac
cident claims 26470 58
17 Cash paid for commissions and bonuses to agents
less commission on reinsurance new policies
11574919 renewals 1343402 12918321
18 Cash paid for salaries and allowances to managers and
agents 35882 59
19 Cash paid for medical examiners fees 1068561 in
spection of risks 192215 12607 76
20 Cash paid for salaries and all other compensation of
officers and other home office employees 23710 38
23 Cash paid for insurance department fees and agents
licenses 116003
24 Cash paid for rent 3621 67
25 Cash paid for commuting commissions agency super
vision traveling and all agency expenses 6420 76
26 Cash paid for furniture fixtures and safes for home
and agency offices 2938 52
27 Cash paid for advertising 122417 printing 6
35912 postage 196374 954708
28 Cash paid for legal expenses 718 54
29 Cash paid for the following items viz Agents prizes
85972 collection expenses 3983 incidentals256
COMPTROLLERGENERALS REPORT
janitor fuel telephone 135335 loan repaid
1000000
13 Total net or ledger assets
OTHER ASSETS
15 Interest due 60830 and accrued 144200 on bonds
and stocks
17 Interest due and accrued on premiums notes loans
or liens
23 Gross premiums due and unreported on New Business
policies in force December 31 1906 3679 60
24 Gross deferred premiums on policies in
force December 31 1906 5336i 18
Totals 90151 78
25 Deducting loading 21726 57
26 Net amount of uncollected and deferred premiums
27 Furniture fixtures and safes 314019 agents debit
balances 583147 supplies 350996
2 Furniture fixtures and safes
5 Agents balances
6 Loans on personal security endorsed or
not premium notes and loans on poli
cies
7 Bills receivable
8 Supplies printed matter and stationery
3T40 19
5831 47
1783 90
517 23
3509 96
12252 90
30 Total disbursements 28951850
Invested in the following
IVASSETS AS PER LEDGER ACCOUNT
5 Premium notes loans or liens on policies in force re
ceived during the year 358o 69
6 Cost value of bonds and stocks owned excluding ac
crued interest at time of purchase 111145 4
7 Cash in companys office 201 05
8 Cash deposited in banks 25106 48
9 Bills receivable 5T7 23
10 Agents ledger balances advanced during the year 11846 17
152397 02
2050 30
143 22
68424 21
12481 62
28 Total assets as per the books of the company 235496 37
ITEMS NOT ADMITTED
Total
14782 75
Total assets less items not admitted 220713 62COMPTROLLERGENERALS REPORT
VLIABILITIES
I Net present value of allthe outstand
ing policies in force on the 31st day
of December 1906 computed accord
ing to the actuaries table of mor
tality with 4 per cent interest 5I547 87
Deduct net value of risks of this com
pany reinsured in other solvent com
panies 207 00
Net reinsurance reserve
3 Claims for death losses due and un
paid 120 00
6 Claims for death losses and other policy
claims resisted by the company 10000 00
Total policy claims
10 Amount of all unpaid dividends of supplies or other
description of profits due policyholders
13 Amount due on account of salaries rents and office
expenses
17 Capital stock
18 Unassigned funds
19 Total liabilities
257
51340 27
10120 00
201 00
1261 60
100000 00
57782 75
220713 62
AMERICAN NATIONAL LIFE INSURANCE COMPANY
OF LYNCHBURG VA
Wallace A Taylor President Noble M Jordan Secretary
Home Office Lynchburg Va
CAPITAL STOCK
1 Amount of capital paid
up in cash
120130 00
Amount of ledger assets as per bal
ance December 31 of previous year
Extended at
151572 25
151572 25
IIINCOME
I First years premiums on original policies without
deduction for commissions or other expenses 1103287
18 Interest on mortgage loans 384 67
19 Interest on collateral loans 4665
17 in258
COMPTROLLERGENERALS REPORT
20
21
22
25
27
Interest on bonds and dividends on
stocks 30 00
Interest on premium notes policy loans
or liens 10 45
Interest on other debts due the com
pany I3ISS2
Total interest 1787 29
From other sources Premiums and advances on sub
scriptions to capital stock 47258 50
28 Total income 60078 66
IIIDISBUBSEMENTS
1 For death claims 500 00
3 Net amount paid for losses and matured endowments 500 00
IS Commissions and bonuses to agents less commission
on reinsurance 4037 52
17 Salaries and allowances for agencies including man
agers agents and clerks 935 31
18 Agency supervision traveling and all other agency ex
penses 794 00
19 Medical examiners fees 86550 inspection of risks
2750 893 00
20 Salaries and all other compensation of officers and
home office employees 3148 75
21 Rent for companys own occupancy 36200
22 Advertising 22581 printing and stationery 47883
postage 12287 82751
23 Legal expenses 359 82
24 Furniture fixtures and safes 465 00
25 Insurance taxes licenses and department fees 386 38
29 All other disbursements Telegraph telephone and
express 6454 commissions account sale capital
stock 1810 187454
30 Total disbursements
14573 83
IVLEDGER ASSETS
Mortgage loans on real estate first liens
Premium notes on policies in force for first years
premiums
Book value of bonds excluding interest 2542964
stocks 500000
Cash in companys office 5000 deposited in banks
not on interest 540704
Bills receivable 3732850 agents balances 3
30615
92600 00
4290 00
30429 64
545704
40634 65
10 Total ledger assets 173511 33COMPTROLLERGENERALS REPORT
259
NONLEDGER ASSETS
11 Interest accrued on mortgages 975 79
12 Interest accrued on bonds and stocks 383 33
14 Interest due and accrued on premium
notes policy loans or liens 34 SO
15 Interest due and accrued on other as
sets 937 88
17 Total interest due and accrued
19 Market value not including interest in item 12 of
bonds and stocks over book value
26 All other assets Furniture and fixtures and stationery
supplies on hand
27 Gross assets
2331 SO
217 64
2217 92
178278 39
DEDUCT ASSETS NOT ADMITTED
29 Supplies stationery printed matter
40000 furniture fixtures and safes
181792 221792
30 Agents debit balances 3306 IS
32 Bills receivable 37328 50
33 Premiums notes or loans on policies
and net premiums in excess of the
net value of their policies 3705 00
36 Total admitted assets
131720 82
VLIABILITIES
I Net present value of all the outstand
ing policies in force on the 31st day
of December 1906 as computed by
the American National Life Insur
ance Company on the American Exp 2651 00
Deduct net value of risks of this com
pany reinsured in other solvent com
panies 30 00
Net reserve
13 Commissions due to agents on premium notes when
paid
15 Salaries rents office expenses taxes bills accounts
bonuses commissions medical and legal fees due
or accrued
23 Capital stock
24 Unassigned funds surplus
55 Total liabilities
2621 00
675 40
450 00
20130 00
7844 42
131720 82260
COMPTROLLERGENERALS REPORT
JETNA LIFE INSURANCE COMPANY OF CONNECTICUT
M G Bulkeley President C E Gilbert Secretary
Home Office 650 Main Street Hartford Conn
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 74941112 50
4 Extended at 74941112 50
IIINCOME
5 First years premiums on original policies
without deduction for commissions or other
expenses less 1771So for first years rein
surance 1106279 27
6 Surrender values applied to pay first years
premiums 959 04
7 Total first years premiums on original poli
cies 111587731
8 Dividends applied to purchase paidup addi
tions and annuities 11845 3
9 Surrender values applied to purchase paidup
insurance and annuities 251450 27
10 Consideration for original annuities involving
life contingencies 52315 38
12 Total new premiums 1431488 26
13 Renewal premiums in addition to items 14
and 15 without deduction for commis
sions or other expenses less 430100 for
reinsurance on renewals 8457603 02
14 Dividends applied to pay renewal premiums 470553 39
15 Surrender values applied to pay renewal pre
miums 905 01
17 Total renewal premiums 8929061 42
18 Total premium income 10360549 68
19 Consideration for supplementary contracts not involving life
contingencies 42730 00
22 Interest on mortgage loans 1794070 97
23 Interest on collateral loans 45837 00
24 Interest on bonds and dividends on stocks 1207970 07COMPTROLLERGENERALS REPORT
261
25 Interest on premium notes policy loans or
liens
Interest on deposits
Interest on other debts due the company
Discount on claims paid in advance
Rent from companys property including
2300000 for companys ocupancy of its
own buildings
26
27
28
29
301082 90
73569 78
356 IS
196s 37
4L7S9 40
30 Total interest and rents 3466611 64
31 Profit on sale or maturity of ledger assets Real estate 16
27127 stocks and bonds 9907180 HS343 07
38 Premium income accident health and liability business 4319601 22
39 Total income 18304835 61
IIIDISBURSEMENTS
1 For death claims less 83800 reinsurance 3065248 38
2 For matured endowments 2294375 00
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 new premiums 959804
to pay renewal premiums 90501
8 Surrender values applied to purchase paidup insurance and
annuities see income No 9
9 Dividends paid to policyholders in cash
10 Dividends applied to pay renewal premiums see income
No 14
11 Dividends applied to purchase paidup additions and an
nuities see income No 8
12 Total paid policyholders 7048441 6
13 Paidfor claims on supplementary contracts not involving
life contingencies
14 Paid stockholders for interest or dividends
15 Commissions and bonuses to agents less commission on re
insurance first years premiums 57873291 renewal
premiums 46362604r on annuities original 241575
16 Commuted renewal commissions
17 Salaries and allowances for agencies including managers
agents and clerks
18 Agency supervision traveling and all other agency expenses
19 Medical examiners fees 7971500 inspection of risks 25
78253
20 Salaries and all other compensation of officers directors
trustees and home office employees
21 Rent including 2300000 for companys occupancy of its
own buildings less 135000 received under sublease
5359623 38
6229 54
553621 51
10503 05
251450 27
384614 62
470553 39
11845 30
13410 00
200000 00
1044774 70
87135 01

86206 89
27327 12
105497 53
245217 55
64903 50
262
COMPTROLLERGENERALS REPORT
22 Advertising 1024262 printing and stationery 4175192
postage 4324386
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
32 All other disbursements Exchange 200374 supplies 17
8SS99 express 416944 telegraph and telephone 5
85813 incidentals 805623
37 Profit and loss account
38 Premium paid on bonds
39 Total disbursements life business
40 Total disbursements accident health and liability business
95238 40
io557 52
8667 16
365850 63
12284 80
25591 30
37943 S3
4948 46
35351 25
9519346 41
3790143 94
42 Total disbursements 13309490 35
IVLEDGER ASSETS
1 Book value of real estate unincumbered 616220 01
2 Mortgage loans on real estate first liens 37904178 39
3 Loans secured by pledge of bonds stocks or other collateral 1065085 49
4 Loans made to policyholders on this companys policies as
signed as collateral 4582330 00
5 Premium notes on policies in force of which 330827 is for
first years premiums 283978 53
6 Book value bonds excluding interest 2380216485
stocks 432344656 28125611 41
7 Deposited in trust companies and banks on interest 4221248 78
8 Cash in companys office 14214757 deposited in banks
not on interest 290218579 344333 36
9 Bills receivable 4150118 agents balances 5197061 9347i 79
11 Total ledger assets 79936457 76
NONEEDGER ASSETS
12 Interest due 9301207 and accrued 408
96973 on mortgages 501981 80
13 Interest due 335500 and accrued 153550
51 on bonds 156005 51
14 Interest due 969722 and accrued 931889
on collateral loans 19056 II
15 Interest due on premium notes policy loans
or liens 246801 85
16 Interest accrued on other assets 214 56
17 Rents accrued on companys property or lease 1850 00
18 Total interest and rents due and accrued
926809 83COMPTROLLERGENERALS REPORT
20 Market value not including interest in item 13 of bonds
and stocks over book value
22 Gross premiums due and unre New Business Renewals
ported on policies in force
December 31 1906 946460 50209076
23 Gross deferred premiums on
policies in force December
31 1906 47662 79 370240 94
263
2516751 22
24 Totals
25 Deduct loading
57127 39 872331 70
11425 48 174466 34
26 Net amount of uncollected and
deferred premiums 457oi 91 697865 36 743567 27
32 Gross assets 84123586 08
DEDUCT ASSETS NOT ADMITTED
35 Agents debit balances 51970 61
37 Bills receivable 4I50I 18
38 Premium notes and loans on policies and net
premiums in item 26 in excess of the net
value of their policies 362 20
42 Total
93833 99
43 Total admitted assets 84029752 09
VLIABILITIES
I Net present value of all the outstanding pol
icies in force on the 31st day of December
1906 as computed by the company on the
companys tables of mortality with 3J per
cent interest 71071801 00
Same for annuities including those in re
duction of premiums 104581 00
Total 71176382 00
Deduct net value of risks of this company
reinsured in other solvent companies 41177 00
Net reserve 71135205 00
Present value of amounts not yet due on supplementary
contracts not involving life contingencies computed by
the company 13389
Liability on policies cancelled and not included in item I
upon which a surrender value may be demanded 10085 00264 COMPTROLLERGENERALS REPORT
5 Claims for death losses in process of adjust
ment or adjusted and not due 197339 00
6 Claims for death losses which have been re
ported and no proofs received 35823 00
7 Claims for matured endowments due and
unpaid 45883 00
8 Claims for death losses and other policy
claims resisted by the company 25548 04
10 Total policy claims 404593 04
12 Premiums paid in advance including surrender values so
applied 36723 05
13 Unearned interest and rent paid in advance 121543 58
14 Commissions due to agents on premium notes when paid
84030 other contingent commissions 60052 T440 82
16 Salaries rents office expenses taxes bills accounts bo
nuses commissions medical and legal fees due or ac
crued 42387 95
20 Dividends or other profits due policyholders including those
contingent on payment of outstanding and deferred pre
miums 75i88 17
21 Dividends apportioned payable to policyholders during 1907 401909 68
22 Amounts set apart or provisionally ascertained or calcu
lated or held awaiting apportionment upon deferred divi
dend policies 1908 12521119 1909 12710847 1910
9293736 1911 4365879 388915 81
26 Reserve or surplus funds not included in the net reserve
as herein reported or in the unassigned funds per item
32 874998 00
Total liabilities life business 73526880 10
Total liabilities accident health and liability business 3289544 46
31 Capital stock 2000000 00
32 Unassigned funds surplus 5213327 53
33 Total liabilities 84029752 09
Business in the State of Georgia during the year
No Amount
Policies on the lives of citizens of said State in force
December 31 of previous year 2914 5341369 00
Policies on the lives of citizens of said State issued dur
ing the year 806 1213561 00
Ttal 3720 655430 00
Deduct ceased to be in force during the year 410 691399 00
Policies in force December 31 3310 5863531 00COM PTROLLERGENERALS REPORT
Losses and claims unpaid December 31 of previous
3
year
Losses and claims incurred during year
Total 5S
Losses and claims settled during the year Si
Losses and claims unpaid December 31 4
Premiums collected or secured in cash and notes or credits
without any deduction for losses dividends commissions or
other expenses
265
1371 00
164933 00
166304 00
129933 00
36371 00
176980 19
CITIZENS LIFE INSURANCE COMPANY OF KENTUCKY
ti j L W Kev Secretary
W H Gregory President vv
Principal Office Louisville Ky
ICAPITAL STOCK
I Amount of capital stock paid
up in cash 205940 00
Amount of net or ledger assets December 31
of previous year
Increase of capital during 1906
295211 05
57700 00
Extended at
INCOME DURING YEAR 1906
I Cash received for premiums on new policies
without deductions for commissions or
other expenses
ij Cash received for renewal premiums with
out deductions for commissions or other
expenses
3 From dividends applied to pay running pre
miums
268189 44
226881 46
621 60
3529 05
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 hens
11 Cash received for interest on other debts due the company
13 Cash received for rents for use of companys property in
cluding 300000 for companys own occupancy
495692 50
4210 68
811 12
142 75
1369 96
4375 00266
COMPTROLLERGENERALS REPORT
14 Cash received for profits on sales of bonds or stocks
19 From all other sources viz Inspections of real estate
loans 77845 surplus as per sale of stock 7304000
Total
IIIDISBURSEMENTS FOR THE YEAR I906
I Cash paid for death claims including revisionary additions
II Cash dividends applied to pay running premiums
Commissions on board contracts
Total paid policyholders 93054 34
17 Cash paid for commissions and bonuses to agents less com
mission on reinsurance new policies 14310745 re
newals 221821
18 Cash paid for salaries and allowances to managers and
agents
19 Cash paid for medical examiners fees 2384909 inspec
tion of risks 795302
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 624393 companys occupan
cy less 137500 received under sublease
26 Cash paid for furniture fixtures and safes for home and
agency offices
27 Cash paid for advertising 454516 printing 904789
postage 458756
28 Cash paid for real estate expenses other than taxes 5
31683 for legal expenses 21902
29 Cash paid for the following items viz Cash with applica
tion 641100 interest and discount 122808 express
and telegrams 227761 collections 43551 fire insur
ance 52600 general expense 512519 profit and loss
4890 actuarial expense 7200
30 Total disbursements
IVASSETS AS PER LEDGER ACCOUNT
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 poli
cies assigned as collateral
5 Premium notes loans or liens on policies in force of which
2851209 was received during the year
6 Cost value of bonds and stocks owned excluding accrued
interest at time of purchase
567 50
738i8 45
580987 96
67800 00
621 60
24632 74
145325 66
106294 62
31802 11
50332 20
6353 56
486893
4333 61
18180 61
5535 85
16124 29
485350 47
55ooo 00
131122 00
25925 00
2857 00
41418 62
52212 50COMPTROLLERGENERALS REPORT
267
7 Cash in companys office
8 Cash deposited in banks
10 Agents ledger balances
13 Total net or ledger assets
OTHER ASSETS
14 Interest due 6000 and accrued 174825
on mortgages
15 Interest accrued on bonds and stocks
16 Interest accrued on collateral loans
17 Interest accrued on premiums notes loans
or liens
19 Rents accrued on companys property or
lease
Totals
25 Deducting loading 20 per cent
on new and 20 per cent
on renewals
72393 30
14478 66
28 Total assets as per books of the company
ITEMS NOT ADMITTED
2 Furniture fixtures and sales
5 Agents balances
Total
9 Total assets less items not admitted
VLIABILITIES
I Net present value of all the outstanding
policies in force on the 31st day of De
100 00
124099 15
15814 27
448548 54
1808 25
43 75
349 55
242 77
229 17
Total carried out
20 Market value of real estate over cost
21 Market value over cost
23 Gross premiums due and unre New Business
ported on policies in force
December 31 1906 7L446 n 4MI4 7i
24 Gross deferred premiums on
policies in force December
31 1906 947 19
2673 49
15000 00
437 50
Renewals
407 43
41822 14
8364 43
26 Net amount of uncollected and
deferred premiums 57914 64 33457 71
27 Furniture fixtures and safes
9J372 35
10104 70
568136 58
10104 70
15814 27
25918 97
542217 61268 COMPTROLLERGENERALS REPORT
cember 1906 computed according to
American experience table of mortality
with 3 per cent interest 205jg53
Deduct net value of risks of this company
reinsured in other solvent companies 525600
Net reinsurance reserve
3 Claims for death losses due and unpaid mm
16 Amount of any other liability of the company viz Premi
ums paid in advance 271125 677733 bills payable
3600000
42777 33
17 Liabilities on policyholders account 2
18 Gross surplus on policyholders account 296843 28
19 Total liabilities I T
542217 61
Business in the State of Georgia during the year
Number and amount of policies on the lives of citizens Amount
of Georgia in force December 31 of previous year 167 650 500 00
Number and amount of policies on the lives of citizens
of Georgia issued during the year 387 lll77JOOO m
Total
r 554 182750300
Deduct number and amount which have ceased to be in
force during the year
I24 455500 00
Total number and amount of policies in force
in Georgia December 31 1906 430 1372floo
Amount of premiums collected or secured in Georgia during
the year in cash 2407949 notes or credits 747553 with
out any deduction for losses dividends commissions or other
expense total
31555 02
THE COLUMBIA NATIONAL LIFE INSURANCE COMPANY OF
MASSACHUSETTS
Percy Parker President WiIHarn H Brown SecreUry
Principal Office 176180 Federal Street Boston Mass
ICAPITAL STOCK
I Amount of capital stock paid
up in cash 1000000 00
Amount of net or ledger assets December 31
of previous year 1776170 36
Increase of capital during 1906 800000 00
Extended at
2576170 36COMPTROLLERGENERALS REPORT
269
IIINCOME DURING YEAR I906
i Cash received for premiums on new policies
without deductions for commissions or
other expenses 355473 24
Industrial premiums 34304 71
ij Cash received for renewal premiums with
out deductions for commissions or other
expenses 84734284
2 Premium notes loans or liens taken in part
payment for premiums on new policies 9838 45
2i Premium notes loans or liens taken in part
payment for renewal premiums 74391 34
3 From dividends applied to pay running pre
miums see item 11 disbursements 782682
3i From dividends applied to purchase paidup
additions and annuities see item 12 dis
bursements 65 59
4 From surrender values applied to pay fun
ning premiums see item 14 disburse
ments 2922 00
4J From surrender values applied to purchase
paidup insurance and annuities see item
15 disbursements M 5
5 Consideration for annuities other than ma
tured installment policies 632 41
Total 1724994 98
6 Deduct amount of premiums paid to other
companies for reinsurance on policies in
this company new business 867228 re
newals 869106 J7363 34
7 Total premium income 1707631 64
8 Cash received for interest on mortgage loans 16845 19
9 Cash received for interest on bonds owned and dividends
on stock D
10 Cash received for interest on premium notes loans or hens 3758 62
11 Cash received for interest on other debts due the company 21224 63
17 Premium notes loans or liens restored by revival of policies 13 21
19 From all other sources viz Premiums received on capital
stock 33881137 received for Amer Agency Co and
Amer Investment Securities Co 36771194 706523 31
Total income 251214 52
IIIDISBURSEMENTS FOR THE YEAR 1906
I Cash paid for death claims including revis
ionary additions 158757 04m
270
COMPTROLLERGENERALS REPORT
2 Premium notes loans or liens used in pay
ment of the same 183 59
7 Total net amount actually paid for losses
8 Cash paid to annuitants
9 Premium notes loans or liens used in purchase of surren
dered policies 185215 voided by lapse 2222882
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 3i income
13 Surrender values paid in cash
14 Surrender values applied to pay running premiums see
item 4 income
15 Surrender values applied to purchase paidup insurance and
annuities see item 4J income
Total paid policyholders 208720 86
16 Cash paid for interest on dividends
17 Cash paid for commissions and bonuses to agents less com
mission on reinsurance new policies 17141888 re
newals 216001 and on industrial business 16950843
18 Cash paid for salaries and allowances to managers and
agents and claims
19 Cash paid for medical examiners fees 6887469 inspec
tion of risks 616321
20 Cash paid for salaries and all other compensation of officers
and other home office employees
21 Cash paid for taxes on new premiums and on renewals
22 Cash paid for taxes on reserves 141812 on capital 27
52647
23 Cash paid for insurance department fees and agents li
censes 752088 municipal licenses 41400
24 Cash paid for rent less 65000 received under sublease
25 Agency supervision traveling and all other agency expenses
26 Cash paid for furniture fixtures and safes for home and
agency offices
27 Cash paid for advertising 921189 printing 3131814
postage 861320
28 Cash paid for taxes on furniture etc 5628 for legal ex
penses 1127692
29 Cash paid for the following items viz Premiums charged
off bonds 659409 advance deposits returned to rejected
applicants 672455 telephone and telegraph 1403966
agency deficiency account 314487 traveling expenses
1388364 mmiscellaneous expenses 2185720
Total miscellaneous expenses 1366415 7
158940 63
514 60
24080 97
599 22
2159 74
7826 82
65 59
10149 71
2922 00
1461 58
46110 88
343087 32
378111 95
75037 90
173622 70
12271 15
28944 59
7934 88
79702 90
79213 68
15656 98
49M3 23
11333 20
66243 91
30 Total disbursements 1575136COMPTROLLERGENERALS REPORT
271
IVASSETS AS PER LEDGER ACCOUNTS
2 Loans on mortgage first liens on real
estate 643000 00
3 Loans secured by pledge of bonds stocks or
other marketable collaterals 200000 00
4 Loans made in cash to policyholders on this
companys policies assigned as collateral 49814 84
5 Premium notes loans or liens on policies in
force 68763 23
6 Cost value of bonds and stocks owned ex
cluding accrued interest at time of purchase 1762373 82
7 Cash in companys office 3000 00
a Cash deposited in banks 694045 60
10 Agents ledger balances net advanced during
the year 8776611 cash subject to check
of cashiers 441205 12178 16
ir Total net or ledger assets 3SI3I7S 65
12 Deduct depreciation from cost of assets to
bring same to market value 24136 09
13 Total net or ledger assets less depreciation 3489039 56
OTHER ASSETS
14 Interest due 84500 and accrued 583603 on mortgages
15 Interest accrued on bonds and stocks
16 Interest accrued on collateral loans
17 Interest due 25198 and accrued 10901 on loans or liens
18 Interest accrued on deposits
19 Dividends declared on 70 shares Fitchburg R R Co pre
ferred stock
23 Gross premiums due and New Business Renewals Industrial
unreported on policies
in force Dec 31 1006 5566i 31 104696 50 17507 77
24 Gross deferred premi
ums in force Dec 31
1906 2156791 6506838
Total 77229 22 169764 88 17507 77
25 Deducting loading 209
per cent on ord and
55 per cent on indus
trial 16140 90 3S48o 86 9629 27
26 Net amount of uncollect
ed and deferred pre
miums 61088 32 134284 02
6681 03
12141 58
55 55
360 09
956 48
87 50
7878 50 203250 84
28 Total assets as per the books of the company 3712573 53272
COMPTROLLERGENERALS REPORT
ITEMS NOT ADMITTED
4 Cash in item 10 drawn by cashiers
5 Agents debtor balances
6 Premium notes and loans and net premiums
in item 26 in excess of net value of their
policies
7 Loading on premium notes disallowed
1847 45
95370 17
11064 83
14371 51
Total
122653 p6
9 Total assets less items not admitted 3589919 57
VLIABILITIES
I Net present value of all the outstanding policies in force on
the 31st day of December 1906 computed according to
the American table of mortality with 3i per cent interest
3 Claims for death losses due and unpaid 245 40
5 Claims for death losses in process of adjust
ment or adjusted and not due 24209 59
6 Claims for death losses and other policy
claims resisted by the company n5l9 33
2070055 00
Total policy claims
10 Amout of all unpaid dividends of surplus or other de
scription of profits not yet due policyholders
13 Amount due on account of salaries rents office expenses etc
16 Amount of any other liability of the company viz Premi
ums paid in advance 730901 advance deposits for pre
miums on application not yet approved 470483
35974 32
1457 53
22684 99
12013 84
17 Liabilities on policyholders account 2142185 68
18 Gross surplus on policyholders account includes capital
stock 100000000 1447733 89
19 Total liabilities 3589919 57
Business in the State of Georgia during the year
No Amount
Number and amount of policies on the lives of citizens
of Georgia in force December 31 of previous year 55 212980 00
Number and amount of policies on the lives of citizens
of Georgia issued during the year 217 610762 00
Total 272
Deduct number and amount which have ceased to be
in force during the year 43
Total number and amount of policies in force in
Georgia December 31 1906 229
823742 00
141470 00
682272 00COMPTROLLERGENERALS REPORT 273
Amount of losses and claims on policies in Georgia in
curred during the year 2 10000 00
Amount of losses and claims on policies in Georgia paid
during the year 1 5000
Amount of premiums collected or secured in Georgia during
the year in cash and notes or credits without any deduction
for losses dividends commissions or other expenses Cash
1528108 notes or credits 165244 total 16933 52
CONNECTICUT MUTUAL LIFE INSURANCE COMPANY OF
CONNECTICUT
John M Taylor President William H Deming Secretary
Home Office 36 Pearl Street Hartford Conn
Frank G Lumpkin Columbus Attorney for Service in Georgia
ICAPITAL STOCK
2 Amount of ledger assets as per balance
December 31 of previous year 63647362 13
4 Extended at 6473 3
IIINCOME
5 First years premiums on original policies
without deduction for commissions or oth
er expenses 399095 36
6 Surrender values applied to pay first years
premiums J399 S2
7 Total first years premiums on original poli
cies 400494 88
9 Surrender values applied to purchase paidup
insurance and annuities 64355 62
10 Consideration for original annuities involving
life contingencies 1100000
12 Total new premiums 475850 50
13 Renewal premiums in addition to items 14
and 15 without deduction for commissions
or other expenses 4146299 29
14 Dividends applied to pay renewal premiums 899601 75
15 Surrender values applied to pay renewal pre
miums 4842 61
17 Total renewal premiums 5050743 65
18 Total premium income 5526594 IS
18 in274
COMPTROLLERS tNERALS REPORT
21 Premium notes loans or liens restored by revival of policies
22 Interest on mortgage loans 1247483 43
23 Interest on collateral loans
24 Interest on bonds and dividends on stocks
25 Interest on premium notes policy loans or
liens
26 Interest on deposits
28 Discount on claims paid in advance
29 Rent from companys property including
3500000 for companys occupancy of its
own buildings
10618 75
1149000 II
93638 69
17149 54
1681 71
532425 03
30 Total interest and rents 3 0 gg7 2g
31 Profit on sale or maturity of ledger assets Net profit on
real estate sold 15442908 Net profit on bonds sold
1330117 167730 25
41 Total income 8746343 66
IIIDISBURSEMENTS
i For death claims 4264454 56
2 For matured endowments 266456 50
9
10
12
17
18
19
Net amount paid for losses and matured endowments
For annuities involving life contingencies
Premium notes voided by lapse
Surrender values paid in cash
Surrender values applied to pay new premiums see income
No 6 139952 to pay renewal premiums see income
No 15 484261
Surrender value applied to purchase paidup insurance and
annuities see income No 9
Dividends paid to policyholders in cash
Dividends applied to pav renewal premiums see income
No 14
Total paid policyholders 6322782 90
Commissions and bonuses to agents less commission on re
insurance first years premiums 10816561 renewal
premiums 29852343 on annuities original 16151
Salaries and allowances for agencies including managers
agents and clerks
Agency supervision traveling and all other agency expenses
Medical examiners fees 2289125 inspection of risks
10000
Salaries and all other compensation of officers directors
trustees and home office employees
Rent including 3500000 for companys occupancy of its
own buildings less 6778 received under sublease
4530911 06
7577 Si
2702 13
547i66 65
6242 13
64355 62
254225 75
899601 75
406850 55
37664 26
34389 59
22991 25
171482 48
40503 56COMPTROLLERGENERALS REPORT
275
22 Advertising 2185506 printing and stationery 2811267
postage 1929422 69261 95
23 Legal expenses 8111 23
25 Insurance taxes licenses and department fees 205762 94
26 Taxes on real estate 157221 78
27 Repairs and expenses other than taxes on real estate 265589 30
32 All other disbursements Express 202560 telegraph
316724 traveling 728861 miscellaneous 1278119 2526264
40 Total disbursements 7767874 43
IVLEDGER ASSETS
1 Book value of home office property 191623600 of other
real estate unincumbered 721706570 9i3330i 70
2 Mortgage loans on real estate first liens 24651132 50
3 Loans secured by pledge of bonds stocks or other collateral 1280000 00
4 Loans made to policyholders on this companys policies as
signed as collateral 1397415 00
5 Premium notes on policies in force 45507 4
6 Book value of bonds excluding interest 2537656206
and stocks 82907625 26205638 31
7 Deposited in trust companies and banks on interest 1530292 31
9 Bills receivable 29000 agents balances 8107 balance
due agents 20S 93
10 Comptrollers certificates State of New York 1235 20
11 Total ledger assets 6462583 1 36
NONLEDGER ASSETS
12 Interest due 2139106 and accrued 511
47862 on mortgages
13 Interest accrued on bonds
14
IS
i
Interest accrued on collateral loans
Interest due 12914880 and accrued 12
68259 on premium notes policy loans or
liens
Rents due 516962 and accrued 957303
on companys property or lease
532869 68
252058 84
16043 75
141831 39
14742 65
18 Total interest and rents due and accrued
20 Market value not including interest in item 13 of bonds
and stocks over book value
22 Gross premiums due and un New Business Renewas
reported on policies in force
December 31 1906 3207 79 88363 72
23 Gross deferred premiums on
957516 31
461871 59273 COMPTROLLERGENERALS REPORT
policies in force December
31 1906
334i8 38 366258 00
24 Total 36626 17 454621 72
25 Deduct loading 20 per cent 7325 23 00024 34
26 Net amount of uncollected and
deferred premiums
29300 94 363697 38 302998 3i
32 Gross assets 66438247 58
DEDUCT ASSETS NOT ADMITTED
Z7 Bills receivable
290 00
43 Total admitted assets 66437057 58
VLIABILITIES
1 Net present value of all the outstanding policies in force on
the 31s daj f December 1906 as computed by the com
panj on the c mbined experience or actuaries table of
mortality with 4 per cent interest on all business issued
prior to April 1 1882 and on paidup policies is Med in
exchange for such policies surrendered and the American
table and 3 per cent interest on all other business except
that reserves on term policies and annuities were com
puted on special tables and rates giving somewhat larger
values 59382033 00
Same for annuities including these in reduction of pre
miums 170688 00
3 Liability on policies canceled and not included in item I
upon which a surrender value may be demanded 162270 00
4 Claims for death losses due and unpaid 42177 77
5 Claims for death losses in process of adjust
ment or adjusted and not due 170 273 00
6 Claims for death losses which have been re
ported and no proofs received ri8 465 00
7 Claims for matured endowments due and un
paid 11885 00
8 Claims for death losses and other policy
claims resisted by the company 3000 00
9 Due and unpaid on annuity claims involving
life contingencies 128 28
10 Total policy claims 345929 05
12 Premiums paid in advance including surrender values so
applied 30170 80
13 Unearned interest and rent 37701 88COMPTROLLERGENERALS REPORT 277
20 Dividends or other profits due policyholders including
those contingent on payment of outstanding and deferred
premiums 1504287 38
30 Other liabilities Real estate contingent depreciation ac
count 300000 00
32 Unassigned funds surplus 4504877 47
34 Total liabilities 66437957 58
Business in the State of Georgia during the year
Policies on the lives of citizens of said State in force
December 31 of previous year 522 1415832 00
Policies on the lives of citizens of said State issued
during the year 53 95936 00
Total 575 i5ii768 00
Deduct ceased to be in force during the year 49 141477 00
Policies in force December 31 S26 I3702pi 00
Losses and claims unpaid December 31 of previous year 1 250000
Losses and claims incurred during the year 18 56526 00
Losses and claims settled during the year in cash 19 59026 00
Premiums collected or secured in cash and notes or credits
without any deduction for losses dividends commissions or
other expenses 4678821
DES MOINES LIFE INSURANCE COMPANY OF IOWA
C E Rawson President A H Evans Assistant Secretary
Home Office Seventh Street and Grand Avenue Des Moines Iowa
W A Wright Atlanta Attorney for Service in Georgia
ICAPITAL STOCK
2 Amount of ledger assets as per balance
December 31 of previous year 147587246
4 Extended at 147587246
IIINCOME
5 First years premiums on original policies
without deduction for commissions or oth
er expenses less 2458 for first years re
insurance 17916223
7 Totalfirst years premiums on original policies 179162 23278
COMPTROLLERGENERALS REPORT
13 Renewal premiums in addition to item 14
without deduction for commissions or other
expenses less 16389 for reinsurance on
renewals 550479 14
14 Dividends applied to pay renewal premiums 24290 46
17 Total renewal premiums 574769 60
18 Total premium income
21 Premium notes loans or liens restored by revival of policies
22 Interest on mortgage loans 37713 23
25 Interest on premium notes policy loans or
liens 30933 88
27 Interest on other debts due the company 282 16
29 Rent from companys property 3266 66
30 Total interest and rents
35 From other sources Premiums in suspense
753931 83
10 00
72195 93
1219 53
41 Total income 827357 29
HIDISBURSEMENTS
I For death claims
5 Premium notes voided by lapse
6 Surrender values paid in cash
9 Dividends paid to policyholders in cash
10 Dividends applied to pay renewal premiums see income
No 14
12 Total paid policyholders 251466 61
13 Paid for claims on supplementary contracts not involving
life contingencies
15 Commissions and bonuses to agents less commission on
reinsurance first years premiums 15720612 renewal
premiums 2152567
17 Salaries and allowances for agencies including managers
agents and clerks
18 Agency supervision traveling and all other agency expenses
19 Medical examiners fees 1249050 inspection of risks 1
75399
20 Salaries and all other compensation of officers directors
trustees and home office employees
21 Rent
22 Advertising 236943 printing and stationery 612846
postage 320140
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
169208 96
1691 70
53260 31
3015 18
24290 46
66 67
178731 79
18561 41
10539 23
1 1244 49
42616 40
2350 00
11699 29
2028 63
732 05
14658 02
748 81
1127 69COMPTROLLERGENERALS REPORT
279
32 All other disbursements Collection and exchange 44882
express 83980 telegraph and telephone 50487 light
and janitor 60335 loan expenses 176255 miscella
neous 141662
40 Total disbursements
9
II
12
IS
18
22
23
24
25
IVLEDGER ASSETS
Book value of real estate unincumbered
Mortgage loans on real estate first liens
Loans made to policyholders on this companys policies as
signed as collateral
Cash in companys office 218946 deposited in banks not
on interest 1373485
Agents balances secured 634758 unsecured 92767
5576 01
555147 TO
Total ledger assets
NONLEDGER ASSETS
Interest due 188438 and accrued 16557
88 on mortgages
Interest accrued
33752 81
1036913 00
640282 35
I5924 3i
7320 25
1748082 65
18442 26
13257 69
Total interest due and accrued
Gross premiums due and unre New Business
ported on policies in force
December 31 1906 22909 00
Gross deferred premiums on
policies in force December
31 1906
31699 95
Renewals
38932 00
98515 00
Totals
Deduct loading 80 per cent
and 18 per cent
22909 00 137447 00
18327 00 24740 00
26
27
32
34
35
38
42
43
Net amount of uncollected pre
miums 458200 11270700 11728900
All other assets Furniture and fixtures 6000 00
Gross assets 1903071 60
DEDUCT ASSETS NOT ADMITTED
Furniture fixtures and safes 6000 00
Agents debit balances unsecured 972 67
Premium notes and loans on policies and net
premiums in item 5 in excess of the net
value of their policies 6298 10
Total
13270 77
Total admitted assets 1889800 83280
COMPTROLLERGENERALS REPORT
VLIABILITIES
1 Net present value of all the outstanding pol
icies in force on the 31st day of December
1906 as computed by the company on the
actuaries table of mortality with four per
cent interest 1560921 00
Deduct net value of risks of this company
reinsured in other solvent companies 360 00
Net reserve 1560561 00
2 Present value of amounts not yet due on supplementary
contracts not involving life contingencies 9745 81
3 Special guaranteed fund 2980 00
5 Claims for death losses in process of adjust
ment or adjusted and not due 6500 00
6 Claims for death losses which have been re
ported and no proofs received 16266 92
8 Claims for death losses and other policy
claims resisted by the company 19983 16
10 Total policy claims 4275 08
12 Premiums paid in advance including surrender values so
applied 9875 00
16 Rents office expenses taxes bills accounts bonuses com
missions medical fees due or accrued 3395 00
20 Dividends or other profits due policyholders including those
contingent on payment of outstanding and deferred pre
miums 4909 00
21 Dividends apportioned payable to policyholders during 1907 25601 00
22 Amounts set apart or provisionally ascertained or calcu
lated or held awaiting apportionment upon deferred divi
dend policies 63283 00
32 Unassigned funds surplus 166700 94
33 Total liabilities 1889800 83
EQUITABLE LIFE ASSURANCE SOCIETY OF THE UNITED
STATES
Paul Morton President Wm Alexander Secretary
Principal Office 120 Broadway New York City
ICAPITAL STOCK
I Amount of capital stock
paid up in cash
100000 00COMPTROLLERGENERALS REPORT
281
Amount of net or ledger assets De
cember 3I of previous year409726911 54
Add reserve carried as ledger 250000 00
Extended at
IIINCOME DURING YEAR 1906
409976911 54
1 Cash received for premiums on new
policies without deductions for com
missions or other expenses
ii Cash received for renewal premiums
without deductions for commissions
or other expenses
2 Consideration for supplementary con
tracts involving life contingencies
3J From dividends applied to purchase
paid up additions and annuities
4i From surrender values applied to pur
chase paid up insurance and annuities
5 Consideration for annuities involving
life contingencies
2757109 86
50543938 91
149090 00
1080056 08
2471796 08
447620 66
Total 574496u 59
6 Deduct amount of premiums paid to
other companies for reinsurance on
policies in this company
164361 41
7 Total premium income T
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 policy loans
11 Cash received for interest on other debts due the
company
12 Interest on collateral loans
13 Cash received for rents for use of companys property
including 38977600 for companys own occupancy
14 Consideration for supplementary contracts not involv
ing life contingencies
15 Profit on sale or maturity of ledger assets
16 Accounts recovered previously charged off
10 From all other sources viz Foreign exchange
Total income
IIIDISBURSEMENTS FOR THE YEAR IO06
I Cash paid for death claims including
revisionary additions i869S394 76
57285250 18
3833762 03
9955418 8b
1751186 89
1220536 71
212112 02
1795582 37
276807 00
248807 43
102257 45
172973 33
76854694 30
282
COMPTROLLERGENERALS REPORT
3 Cash paid for matured endowments
and additions thereto 4072568 19
18
19
7 Total net amount actually paid for losses and matured
endowments
8 Cash paid to annuitants
10 Cash dividends paid to policyholders
12 Cash dividends applied to purchase paidup additions
and annuities see item 3J income
13 Surrender values paid in cash
15 Surrender values applied to purchase paidup insur
ance and annuities see item 4 income
Total paid policyholders 4445743901
I5 Paid for claims on supplementary contracts not in
volving life contingencies
16 Cash paid stockholders for interest on dividends
17 Cash paid for commissions and bonuses to agents
less commission on reinsurance new policies 1
434i3S96 renewals 378046975 on annuities12
24779
Cash paid for salaries and allowances to managers and
agents
Cash paid for medical examiners fees 20063881
inspection of risks 10820792
20 Cash paid for salaries and all other compensation
of officers and other home office employees
21 Agency supervision traveling and all other agency
expenses
22 Cash paid for taxes on real estate
23 Cash paid for insurance department fees and agents
licenses
24 Cash paid for rent including 38977600 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 2191426 printing 88
99990 and postage 9506876
28 Cash paid for real estate expenses other than taxes
40807115 for legal expenses 8548901
20 Cash paid for the following items viz Loss on sale
or maturity of ledger assets
Reserve against losses on agents accounts
Lunch expenses 728730 telephone telegrams cables
and express 2298660 expenses of mutualization
3308438 extraordinary investigation and reorgani
zation expenses 26793230 miscellaneous items of
expense 4229377
22767962 95
1084053 00
6209678 83
1080056 08
10843892 07
2471796 08
134503 57
7000 00
5226853 50
549H9 10
308846 73
1327073 85
328341 48
330617 48
735i65 77
407610 68
14636 99
37i85 35
205982 92
493S6o r5
174731 58
614302 24
373584 35
30 Total disbursements
55726554 75COMPTROLLERGENERALS REPORT
283
IVASSETS AS PER LEDGER ACCOUNT
I Book value of real estate exclusive of all incum
brances incumbered 200000000
2 Loans on mortgage first liens on real estate
3 Loans secured by pledge of bonds stocks or other
marketable collaterals
4 Loans made in cash to policyholders on this company s
policies assigned as collateral
6 Book value of bonds and stocks owned excluding ac
crued interest at time of purchase
7 Cash in companys offices 9582488 in transit 299
22110
8 Cash deposited in banks and investment companies on
1167572929 not on interest 596
28052061 53
92090542 50
9350000 00
35354295 12
247821596 00
395045 98
interest
22243
9 Refund of taxes due from State of New York
10 Agents and other ledger balances
13 Total net or ledger assets
12271951 72
41886 96
5727671 28
431105051 09
469742 19
2606610 00
64265 27
60472 68
190241 27
OTHER ASSETS
14 Interest due 3704398 and accrued
43269321 on mortgages
15 Interest accrued on bonds and stocks
16 Interest accrued on collateral loans
18 Interest due on other assets
19 Rents due 13697461 and accrued 53
26666
Total carried out 339133141
20 Market value of real estate over book value 93773 4
23 Gross premiums due and NewSBusineas Renewals
unreported on policies
in force December 31
1906
24 Gross deferred premiums
on policies in force De
cember 31 1906
27694 00 4564107 00
101924 00 2866186 00
Totals 129618 00 7430293 00
25 Deducting loading 20 per
cent on new and 20
per cent on renewals 25923 00 1486058 00
26 Net amount uncollected
and deferred premiums 103695 00 5944235 00 6o47930 00
28 Total assets
441482050 97 f
284
COMPTROLLERGENERALS REPORT
ITEMS NOT ADMITTED
5 Agents balances debit 6129801 16
6 Book value of stocks and bonds over
market value 7303913 00
Total
Total assets less items not admitted
Vliabilities
t Xet present value of all the outstanding
policies in force on the 31st day of
December 1906 computed accord
ing to the actuaries table of mortality
with four per cent interest and the
American experience table of mor
tality with 3 and 3I per cent interest 359090527 00
Deduct net value of risks of this com
pany reinsured in other solvent com
panies 313289 00
13433714 i
428048336 81
Net reinsurance reserve 358777238 00
2 Present value of amounts not yet due on supplementary
contracts not involving life contingencies 166763600
3 Claims for death losses due and un
paid 1275800
4 Claims for matured endowments due
and unpaid 616303 95
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 Amount due and unpaid on annuity
claims
c Claims for death losses which have been
reported and no proofs received
278552 00
iiS975 00
52344 90
1779221 00
Total policy claims
io Amount of all unpaid dividends of surplus or other
description of profits due policyholders
11 Due and unpaid on supplementary contracts not involv
ing life contingencies
13 Interest and rents paid in advance
16 Amount of any other liability of the company viz
premiums paid in advance
Capital stock
2855154 85
791971 02
450 00
948348 36
317007 00
100000 00
17 Surplus 62590531 58
19 Total liabilities
428048336 81COMPTROLLERGENERALS REPORT 285
Business in the State of Georgia during the year
N0i Amount
Number and amount of policies on the lives of
citizens of Georgia in force December 31 O
previous year
Number and amount of losses and claims on poli
cies on the lives of citizens of Georgia issued
during the year
7502 16469519 o
Total
Deduct number and amount which have ceased
to be in force during the year L
Total number and amount of policies in
force in Georgia December 31 i 6374 1431397
Amount of losses and claims on policies in Geor
gia unpaid December 31 of previous year 4 22950
Amount of losses and claims on policies m Geor
gia incurred during the year sy J
j 63 325136 00
Amount oHosses and claims on policies in Geor
gia paid during the year
Amount of premiums collected or secured in Georga
during the year in cash
FIDELITY MUTUAL LIFE INSURANCE COMPANY
OF PHILADELPHIA PA
T1 f W S Campbell Secretary
L G Fouse President F
Principal Office 112116 N Broad Street Philadelphia Pa
T J Arline Savannah Attorney for Service in Georgia
ICAPITAL STOCK
Amount of net ledger assets December
31 of previous ye
Extended at
year 9882524 57
9882524 57
HJXCOMi DURING YKR 1906
I Cash received for premiums on new poli
cies without deductions for commis
sions or other expenses 55973 9y
286
COMPTROLLERGENERALS REPORT
ii Cash received for renewal premiums
without deductions for commissions
or other expenses 3275350 55
2 Premium notes loans or liens taken in
part payment for premiums on new
policies 49966 63
2i Premium notes loans or liens taken in
part payment for renewal premiums 275033 13
3 From dividends applied to pay running
premiums see item 11 disburse
ments 41109 61
3 From dividends applied to purchase
paidup additions and annuities see
item 12 disbursements 1407 93
4 From surrender values applied to pay
running premiums see item 14 dis
bursements 945 50
5 Consideration for annuities other than
matured installment policies 7303 70
Total 4210900 24
C Deduct amount of premiums paid to
other companies for reinsurance on
policies in this company new business
227859 renewals 236633 464492
Total premium income 4206255 32
8 Cash received for interest on mortgage loans 47373 71
9 Cash received for interest on bonds owned and divi
dends on stock 191617 48
io Cash received for interest on premium notes loans
or liens 160885 03
11 Cash received for interest on other debts due the com
pany 51400 20
13 Cash received for rents for use of companys property
including 3250000 for companys own occupancy 80866 it
14 Cash received for profits on sales of bonds or stocks
353925 real estate 157143 all other 246041 7571 I4
10 From all other sources viz Policy fees 412960
policy exchange 71518200 71931160
5465280 59
Total income
IIIDISBURSEMENTS FOR THE YEAR 1906
I Cash paid for death claims including
revisionary additions 1218668 45
5 Cash paid for sums falling due during
the year on installment policies 19961 87
Total 1338630 32COMPTROLLERGENERALS REPORT
287
10
ii
M
7
19
20
21
22
23
24
25
26
27
2b
29
Total net amount actually paid for losses and matured
endowments
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
Total paid policyholders 157710434
Cash paid for commissions and bonuses to agents less
commission on reinsurance new policies 369
68348 renewals 23159928 annuities 15719
Agency supervision traveling and all other ex
penses
Cash paid for salaries and allowances to managers and
agents
Cash paid for medical examiners fees 4138708 in
spection of risks 2163947
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
Cash paid for insurance department fees and agents
licenses 903913 municipal licenses 34250
Cash paid for rent including 3250000 companys oc
cupancy
Cash paid for commuting commissions
Cash paid for furniture fixtures and safes for home
and agency offices
Cash paid for advertising 2363474 printing 32
57431 postage 2123311
Cash paid for real estate expenses other than taxes
2776821 for legal expenses 1229403
Cash paid for the following items viz Expressage
and telegrams 552307 dining service midday
meals 1240424 miscellaneous expenses 348342
Total miscellaneous expenses 13600632
1338630 32
1414 36
15377 57
41109 61
1407 93
178219 05
945 50
601439 95
76991 18
112069 82
63026 55
179949 00
6i473 35
21728 68
9381 63
59824 72
29346 63
59i6 33
77442 16
40062 24
21411 03
30 Total disbursements 293716761
IVASSETS AS PER LEDGER ACCOUNTS
Cost value of real estate exclusive of all incum
brances 132854074
Loans on mortgage first liens on real estate 1076519 84
Loans secured by pledge of bonds stocks or other
marketable collaterals 309350 00
288
COMPTROLLERGENERALS REPORT
4 Loans made in cash to policyholders on this companys
policies assigned as collateral 3530877 21
5 Premium notes loans or liens on policies in force
of which 4996663 was received during the year 324999 76
6 Cost value of bonds and stocks owned excluding ac
crued interest at time of purchase
7 Cash Ln companys office
8 Cash deposited in banks
9 Bills receivable
10 Agents ledger balances
5102814 84
194 33
215147 01
i594 02
520599 80
13 Total net ledger assets 12410637 55
OTHER ASSBTS
accrued
14 Interest due 357295 and
1902088 on mortgages 22593 83
15 Interest due 187500 and accrued 72
81947 on bonds and stocks 74694 47
16 Interest accrued on collateral loans 2809 07
17 Interest accrued on premiums notes
loans or liens 93942 61
19 Rents due 774 78
Total carried out
20 Market value of real estate over cost
2i Market value of bonds and stocks over cost
23 Gross premiums due and New Business Renewals
unreported on policies in
force December 31
1906 2209867 15157004
24 Gross deferred premiums
on policies in force De
cember 31 1906 26633 61 353633 61
Totals
25 Deducting loading 75 per
cent on new and 19
per cent on renewals
48732 28 505203 65
36549 21 95988 69
194814 76
39459 26
84863 66
26 Net amount of uncollected
and deferred premiums 1218307 40921496 42139803
28 Total assets as per the books of the company 13151173 26
1TBMS NOT ADMITTED
5 Agents balances 52059980TflOIHH 8J
COMPTROLLERGENERALS REPORT
289
6 Loans on premium notes and liens in
excess of the reserve S122 T4
7 Bills receivable 594 02

Total 572315

9 Total assets less items not admitted 1257885730
Vliabilities

1 Net present value of all the outstand
ing policies in force on the 31st day
of December 1906 computed by the
Pensylvania Insurance Department
according to the actuaries table of
mortality with four per cent inter
est and American table at 3i per
cent1093102500
Deduct net value of risks of this com
pany reinsured in other solvent com
panies 2073 00

Net reinsurance reserve 10928952 00
Excess valuation as made by the company 23399 24
16
5 Claims for death losses and matured
endowments in process of adjust
ment or adjusted and not due
6 Claims for death losses and other
policy claims resisted by the com
pany
8 Present value of unpaid amounts on ma
tured installment policies face 239
40324
72412 00
21109 68
186646 32
Total policy claims
10 Amount of all unpaid dividends of surplus or other
description of profits due policyholders
11 Commission due to agents when premium notes are
paid
12 Amount of national State or other taxes due and
on account of salaries rents and office expenses
Amount of any other liability of the company viz
Premiums paid in advance
Amount of unearned interest and rents paid in ad
17 Liabilities on policyholders account
18 Gross surplus on policyholders account
19 Total liabilities 1315117326
280168 00
66146 82
13915 57
17772 44
5224 37
35871 00
ii37i449 44
1779723 82290
COMPTROLLERGENERALS REPORT
Business in the State of Georgia during the year
No Amount
Number and amount of policies on the lives of
citizens of Georgia in force December 31 of
previous year 1346 275148700
Number and amount of policies on the lives of
citizens of Georgia issued during the year 268 497646 00
Total 1614 3249133 00
Deduct number and amount which have ceased
to be in force during the year 217 481769 00
Total number and amount of policies in
force in Georgia December 31 1906 1397
Amount of losses and claims on policies in Geor
gia unpaid December 31 of previous year
Amount of losses and claims on policies in Geor
gia incurred during the year
Total
19
2767364 00
p 3000 00
73220 00
20 76220 00
Amount of losses and claims on policies in Geor
gia paid during the year Cash 3855800
amount of losses and claims transferred to
insolvent policy account 3266200 18 71220 00
Amount of premiums collected or secured in Georgia
during the year in cash 8663127 and notes or
credits 1097217 without any deduction for losses
dividends commissions or other expenses 97603 44
FRANKLIN LIFE INSURANCE COMPANY SPRINGFIELD ILL
Edgar S Scott President Henry Abels Secretary
Principal Office Springfield 111
ICAPITAL STOCK
Extended at 2661359 94
IIINCOME DURING YKAR 1906
Cash received for premiums on new
policies without deductions for com
missions or other expenses 216614 10
i Cash received for renewal premiumsCOMPTROLLERGENERALS REPORT
29 L
without deductions for commissions
or other expenses 832840 93
2i Premium notes loans or liens taken in
part payment for renewal premiums 119161 18
3 From dividends applied to pay running
premiums 2778 41
4i From surrender values applied to pur
chase paid up insurance and annuities 14533 n
Total Ii85927 73
6 Deduct amount of premiums paid to
other companies for reinsurance on
policies in this company New busi
ness 102904 renewals 199868 3027 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
company
13 Cash received for rents for use of companys property
including 400000 for companys own occupancy
14 Cash received for profits on sales of real estate
17 Premium notes loans or liens restored by revival of
policies
19 From all other sources viz Interest on deposits
Total income
1182900 01
38952 04
17237 81
55794 69
14435 27
14793 65
217 84
1244 7
148 24
1325724 25
IIIDISBURSEMENTS E0R THE YEAR I906
I Cash paid for death claims including revisionary ad
ditions 33481242
9 Premium notes loans or liens voided by lapse 17285 24
II Cash dividends applied to pay running premiums 2778 41
13 Surrender value paid 17620 42
15 Surrender values applied to purchase paid up insurance
and annuities 14533 11
Total paid policyholders 38702960
17 Cash paid for commissions and bonuses to agents less
commission on reinsurance New policies 177
26873 renewals 7098222 24825095
18 Cash paid for salaries and allowances to managers and
agents 4471 96
19 Cash paid for medical examiners fees 1364578 in
spection of risks 831195 2195773292
COMPTROLLERGENERALS REPORT
20 Cash paid for salaries and all other compensation of
officers and other home office employees 63301 61
22 Cash paid on investments 1702 84
23 Cash paid for insurance department fees and agents
licenses 3T299 34
24 Cash paid for rent including 400000 for companys
occupancy 5020 00
26 Cash paid for furniture fixtures and safes for home
and agency offices 9S 4
27 Cash jaid for advertising 74787 printing 595355
postage i 11 r 1181283
28 Cash paid for real estate expenses other than taxes
774414 for legal expenses 514507 12889 21
29 Cash paid for the following items viz Collection
175889 investment expenses 41182 death claim
expenses 100158 premiums on bonds purchased
179756 miscellaneous 403507 9004 92
Total miscellaneous expenses 41062723
SO Total disbursements 797656 83
Invested in the following
IVASSETS AS FEH IEDGER ACCOUNT
1 Cost value of real estate exclusive of all incumbrances 104000 00
2 Loans on mortgage first liens on real estate 1133350 00
3 Loans secured by pledge id bonds stocks or other
marketable collaterals 54500 00
4 Loans made to polic yholders on this companys
policies 125108474
5 Premium notes loans or liens on policies in force 15436 29
6 Cost value of bonds and stocks owned excluding ac
crued interest at time of purchase 224647 00
8 Cash deposited in banks 103941 02
10 Agents ledger balances 2468 31
13 Total net or ledger assets 3189427 36

OTHER ASSETS
14 Interest accrued on mortgages 32085 84
15 Interest accrued on bonds and stocks 776l 16
16 Interest accrued on collateral loans 505 83
17 Interest accrued on premiums notes
loans or liens 4638 15
18 Interest accrued on other assets 114 23
19 Rents accrued on companys property
or lease 227 33

Total carried out 65332 54COMPTROLLERGENERALS REPORT
293
21
23
24
Market value df bonds and stocks over cost 5157 79
Gross premiums due and unreported on
policies in force December 31 1906 43396 68
Gross deferred premiums on policies in
force December 31 1906 81273 II
26
28
4
7
Totals 124669 79
Deducting loading 21020 91

Net amount of uncollected and deferred premiums 103648 88

Total assets as per the books of the company 3363566 57
ITEMS NOT ADMITTED

Cash advanced to or in the hands of
officers or agents 2468 31
Loans liens and net premiums in ex
cess of reserve 15762 31
Total 1823002
Btoi
lotal assets less items not admitted 3345335 95
LIABILITIES
Net present value of all outstanding
policies in force on the 31st day of
December 1906 computed according
to the actuaries table of mortality
with 4 per cent interest 279870400
Deduct net value of risks of this com
pany reinsured in other solvent com
panies 1287 00
6
9
13
16
1 Net reinsurance reserve 279741700
Claims for death losses ant matured en
dowments in process of adjustment or
adjusted and not due 2874436
Claims for death losses and other policy
claims resisted by the company 8044 78
Amount of trust fund held by the com
pany 16595 18
Total policy claims 53384 32
Amount due on account of salaries rents and ffice
expenses 9278 71
Amount of any other liability of the company viz
Premiums paid in advance 7629 84294 COMPTROLLERGENERALS REPORT
Fund held for special class of policies 11136821
fund for all other contingencies 36625787 447626 08
17 Liabilities on policyholders account 1345335 95
19 Total liabilities 3345335 95
Business in the State of Georgia during the year
No Amount
Number and amount of policies on the lives of
citizens of Georgia in force December 31
of previous year 1658 2373762 00
Number and amount of policies on the lives of
citizens of Georgia issued during the year 391 539661 00
Total 2049 2913423 00
Deduct number and amount which have ceas
ed to be in force during the year 385 505391 00
Total number and amount of policies in
force in Georgia December 31 1905 1664 2408032 co
Amount of losses and claims on policies in Geor
gia unpaid December 31 of previous year 1 1038 58
Amount of losses and claims on policies in Geor
gia incurred during the year 12 I4421 61
Total 13 15460 19
Amount of losses and claims on policies in Geor
gia paid during the year 11 13398 08
Amount of premiums collected or secured in Georgia dur
ing the year in cash and notes or credits without
any deduction for losses dividends commissions or
other expenses 81437 65
THE GERMANIA LIFE INSURANCE COMPANY OF NEW
YORK N Y
Cornelius Doremus President Carl Heye Secretary
Principal Office 20 Nassau Street New York N Y
ICAPITAL STOCK
1 Amount of capital stock
paid up in cash 200000 00
Amount of net or ledger assets De
cember 31 of previous year 34476579 II
Extended at 34476579 IICOMPTROLLERGENERALS REPORT
295
IIINCOME DURING YEAR IQo6
I Cash received for premiums on new
policies without deductions for com
missions or other expenses
l Cash received for renewal premiums
without deductions for commissions
or other expenses 395266424
3 From dividends applied to pay running
premiums
3i From dividends applied to purchase
paid up additions and annuities
From surrender values applied to pur
chase paid up insurance and annuities
5 Consideration for annuities other than
matured installment policies
634955 42
143666 20
Si34i 22
145456 02
27136 49
Total 4955220 19
6 Deduct amount of premiums paid to
other companies for reinsurance on
policies in this company New busi
ness 118900 renewals 547840 666740
7 Total premium income 4948552 79
8 Cash received for interest on mortgage loans 927041 52
9 Cash received for interest on bonds owned and
dividends on stock 370139 88
10 Cash received for interest on premium notes loans or
II Cash received for interest on other debts due the com
pany 307392 interest on deposits 754921
13 Cash received for rents for use of companys property
including 3514000 for companys own occupancy
19 From all other sources viz Change in book value of
ledger assets bonds 3925015 policy fees 2
26398
135809 59
10623 13
221538 73
41514 13
Total income 6655219 77
IIIDISBURSEMENTS FOR THE YEAR I906
I Cash paid for death claims including
revisionary additions l3i573 o
3 Cash paid for matured endowments and
additions thereto ii3i73i 71
5 Cash paid for sums falling due during
the year on installment policies 4OI4 75
7 Total net amount actually paid for losses and matured
endowments 2446319 5429
8
10
II
12
13
15
16
17
Si341 22
19
21
22
fi
24
25
26
27
28
29
30
COMPTROLLERGENERALS REPORT
Cash paid to annuitants 37384 5
Cash dividends paid policyholders 115599 82
Cash dividends applied to pay running premiums 143666 20
Cash dividends applied to purchase paid up additions
and annuities
r 1 1 4 I r ficn oft
Surrender values paid in cash 351059 29
Surrender values applied to purchase paid up insurance
and annuities 145450 02
Total paid policyholders 329142719
Cash paid stockholders for interest 7 per cent and 5
per cent dividends
Cash paid for commissions and bonuses to agents less
commission on reinsurance New policies 400
73345 renewals 19992139 annuities 81562 601470 46
Cash paid for salaries and allowances to managers and
agents 13025351 agency supervision and ex
penses 14509502 27534853
Cash paid for medical examiners fees 4279946 in
spection of risks 861384
Cash paid for salaries and all other compensation of
officers and home office employees
Cash paid for taxes on new premiums and on renewals
Cash paid for taxes on reserves 42480 on real estate
3283301
24000 00
51413 30
I488l8 58
40908 07
33257 8l
Cash paid for insurance department fees and agents
licenses and municipal licenses 15746 47
Cash paid for rent for companys own occupancy 35140 00
Cash paid for commuting commissions 10451 22
Cash paid for furniture fixtures iuul safes for home
and agency offices 2736 29
Cash paid for advertising Wl8 Pntiug r4
77822 postage 1798747 42678 85
Cash paid for real estate expenses other than taxes
8208866 for legal expenses 528094 87378 60
Cash paid for the following items viz Loss on sale
of ledger assets 186037 exchange expressage and
other expenses 2083877 22708 14
Total miscellaneous expenses 139205632

Total disbursements 4683483 51
Invested in the following

ivassets as per ledger accounts
1
1 Cost value of real estate exclusive of all incumbrances 2514533 72
2 Loans on mortgages first liens on real estate 21789972 00
4 Loans made in cash to policyholders on this companys
policies assigned as collateral 2547073 68COMPTROLLERGENERALS REPORT
297
6 Cost value of bonds and stocks owned excluding or
including interest at time of purchase 872 78
7 Cash in companys office J
8 Cash deposited in bank Pjgjj
10 Agents ledger balances
Exchange on Berlin Gy purchased December 3Mt
1906 for investment in mortgage loans on real estate
in Berlin
j
36448315 37
II Total net or ledger assets
OTHER ASSETS
M Interest due t5oo and accrued 34878284 on mort
I5 InteTst due 94666 and accrued 6963976 on
bonds arid stoclcs
I7 Interest due 445463 and accrued gf on pre
miums nbtes loans or hens
l9 Rents 13x000 and accrued 8g on company s
property or lease
7480 83

23 GrOSS premiums due and ew Business Renewals
unreported on policies
in force December 31
o6 199i44 505940 79
24 Gross deferred premiums
on policies in force De 2 vsrlo
cember 31 1906 37734 86 3764
totals t3jfrif
25 Deducting loading 2250
Per Cnt
J K nnrnllect
26 Net amount of uncollect
ed and deferred premi
4468209 68383 35 20D35 44
urns
28 Total assets as per the books of the company 3762445 55
no sstliitdBia
I

5 Agents balances 3
Book value of ledger assets over market
value
14520309
Total J
9 Total assets less items not admitted 3747904 46298
COMPTROLLERGENERALS REPORT
VLIABILITIES
i Net present value of all the outstand
ing policies in force on the 31st day of
December 1906 computed according
to the actuaries table of mortality
with 4 per cent interest and Ameri
can Exp tables with 3J and 3 per
cent respectively 32048419 00
Deduct net value of risks of this com
pany reinsured in other solvent com
PanieS 3983700
Net reinsurance reserve 32008582 00
3 Claims tor death losses due and unpaid 3487 94
4 Claims for matured endowments due
and unpaid 20I24 63
5 Claims for death losses in process of
adjustment or adjusted and not due 209007 61
6 Claims for death losses and other policy
claims resisted by the company 19500 00
7 Amounts due and unpaid on annuity
claims 2498 29
8 Present value of unpaid amounts on ma
tured installment policies 32667 30
Total policy claims 287285 77
10 Amount of all dividends of surplus or other descrip
tion of profits due policyholders 54741 51
16 Amount of any other liability of the company viz
Premiums paid in advance 909651 liability on
policies cancelled upon which a surrender value may
be demanded 1054430 unearned interest and rent
2066510 commissions due 590381 extra reserve
for absolute war and world policies etc 110
39062
15660034
17 Liabilities on policyholders account3250720962
18 Gross surplus on policyholders account 4971832 84
2 K1 afitieS 37479042 46
2D iistimated surplus accrued on tontine
or other policies the profits upon
which are especially reserved for that
class of policies 1949490 81
II Estimated surplus accrued on all other
Plicies 3022342 03COMPTROLLERGENERALS REPORT 299
Business in the State of Georgia during the year
No Amount
Number and amount of policies on the lives of
citizens of Georgia in force December 31
of previous year revived 64S 893319
Number and amount of policies on the 1ves of
citizens of Georgia issued during the year 220 338000 00
865 1231319 00
Total
Deduct number and amount which have ceased
to be in force during the year 34
Total number and amount of policies in
force in Georgia December 31 1906 73l
Amount of losses and claims on polices in Geor
gia incurred during the year
Amount of losses and claims on policies in Geor
gia paid during the year
Amount of premiums collected or secured in Georgia dur
ing the year in cash without any deduction for losses
dividends commissions or other expenses 3000 79
GREAT WESTERN LIFE INSURANCE COMPANY OF
MISSOURI
r tPresident E L Biersmith Secretary
O L Van Lamngham President
W A Wright Atlanta Attorney for Service in Georgia
ICAPITA STOCK
Amount of capital stock paid up in cash 00
Extended at
HINCOME DURING THE YEAR
I Cash received for premiums on new poli
cies without deductions for commis
77 q2 86
sions or other expenses
5 Consideration for annuities other than
matured installment policies 1780
Total 25654286
6 Deduct amount of premiums paid to
other companies for reinsurance on
policies in this company new business 405 10
256137 76
7 Total premium income
II Cash received for interest on other debts doethe
company
300 COMPTROLLERGENERALS REPORT
ig From all other sources viz Part payments on pre
miums 221428 on annuities 190250 4II6 y

Total income 261 dad qi
1
IIIDISBURSEMENTS FOR THE YEAS

17 Cash paid for commissions and bonuses to agents
less commission on reinsurance new policies
16204 tpdrj 5445780
t Cash paid for salaries and allowances to managers
and agents 22Q
iy Cash paid for medical examiners fees 205 00
20 Paid for salaries and all other compensation of officers
and other home office employees 538632
23 Cash paid for insurance department fees and agent
licenses
24 Cash paid for rent 7gon A
Interest and discount payable 900
26 Cash paid for furniture fixtures and safes for home
and agency offices 1481739
27 Cash paid for advertising 127560 printing 616633
postage 44307 7885 00
28 Cash paid for legal expenses 26000
29 Cash paid for the following items viz Traveling ex
penses 238658 accrued interest on bonds and
mortgages 66166 04824
Commission on annuities 5173000
Total miscellaneous expenses 35
30 Total disbursements 151234
IVASSETS AS PER LEDGER ACCOUNTS
2 Cost value of real estate exclusive of all incum
brances
p ijooo 00
O Cost value of bonds and stocks owned excluding ac
crued interest at time of purchase 1968200
7 Cash in companys office I697 so
8 Cash deposited in banks 56 2S
9 Bills receivable certificates of deposit I2g25 00
10 Agents ledger balances 10650 4
13 Total net or ledger assets 209481 20
OTHER ASSETS
15 Interest diie on bonds and stocks 661 66
23 Grossprcmiums and annuities due and a t
New Business
tinreported on policies in force AuCOMPTROLLERGENERALS REPORT
301
gust 8 1907 11648806
25 Deducting loading 75 and 50 per cent 77203 55
26 Net amount of uncollected and deferred premiums
28 Total assets as per the books of the company
39284 51
249427 37
5 Agents balances
ITEMS NOT ADMITTED

9 Total assets less items not admitted
VLIABILITIES
I Net present value of all outstanding poli
cies in force on the 8th day of Au
gust 1907 computed according to the
actuaries table of mortality with four
per cent interest
Deduct net value of risks of this
company reinsured in other solvent
companies
10650 45
I
238776 92
20342 00
180 00
Net reinsurance reserve 2016200
10 Amount of all unpaid dividends of surplus or other
description of profits due policyholders and annui
tants
16 Amount of any other liability of the company viz
Premiums paid in advance 221428 annuities
190250
17 Liabilities on policyholders account and annuitants
18 Gross surplus on policyholders account
19 Total liabilities
16999 50
4116 78
41278 28
197498 64
238776 92
GREENSBORO LIFE INSURANCE COMPANY OF NORT1
CAROLINA
J W Fry President
Home Office Greensboro
K Cohvell Jr Secretary
K Col
N C
W A Wright Atlanta Attorney for Service in Georgia
ICAPITAL STOCK
1 Amount of capital paid up
in cash 146400 00
2 Amount of ledger assets as per bal302 COMPTROLLERGENERALS REPORT
ance December 31 1906 12457992
3 Increase of capital during the year 46400 00
4 Extended at
11income
5 First years premiums on original poli
cies without deduction for commis
sion or other expenses less 576779
for first years reinsurance 139821 79
7 Total first years premiums on original policies
13 Renewal premiums without deduction
for commissions or other expenses
less 23462 for reinsurance on re
newals 29109 17
17 Total renewal premiums
18 Total premium income
22 Interest on mortgage loans 2526 03
24 Interest on bonds and dividends on
stocks 800 00
25 Interest on premium notes policy loans
or liens 127 47
26 Interest on deposits 1759 99
30 Total interest and rents
35 From other sources Subscribed surplus 1160000
account capital stock 25000
41 Total income
IIIDISBURSEMENTS
I For death claims less 950000 rein
surance 9500 00
3 Net amount paid for losses and matured endow
ment
5 Premium notes voided by lapse
12 Total paid policyholders 10904 93
15 Commissions and bonuses to agents less commission
on reinsurance first years premiums 8909313
renewal premiums 90386
17 Salaries and allowances for agencies including mana
gers agents and clerks
18 Agency supervision traveling and all other agency ex
penses
170979 92
139821 79
29109 17
168930 96
5213 49
11850 00
185994 45
9500 00
1404 93
89996 99
i933 58
4452 09COMPTROLLERGENERALS REPORT
303
19 Medical examiners fees 1488200 inspection of risks
333443 l8216 43
20 Salaries and all other compensation of officers di
rectors trustees and home office employees 2233726
21 Rent I096 99
22 Advertising printing and startionery 716887 post
age 112141 829028
Legal expenses 1210 00
Furniture fixtures and safes 1633 7
Insurance taxes licenses and department fees 2417 36
32 All other disbursements General expense 506782
telephone and telegraph 84495 5912 77
23
24
25
40 Total disbursements 16840238
IVLEDGER ASSETS
1 Book value of real estate unincumbered
2 Mortgage loans on real estate first liens
3 Loans secured by pledge of bonds stocks or other col
lateral
4 Loans made to policyholders on this companys policies
assigned as collateral
5 Premium notes on policies in force of which 472482
is for first years premiums
6 Book value of bonds excluding interest
7 Deposited in trust companies and banks on interest
8 Cash deposited in banks not on interest
9 Agents balances
11 Total ledger assets i
15600 00
87000 00
810 63
1099 61
27279 39
32475 00
10000 00
7298 12
7009 24
188571 99
NONEEDGER assets
12 Interest accrued on mortgages 910 70
14 Interest accrued on collateral loans 30 65
15 Interest accrued on premium notes
policy loans or liens 289 14
16 Interest accrued on other assets 164 38
18 Total interest and rents due and accrued
22 Gross premiums due and New Business
unreported on policies
in force December 31
1906
23 Gross deferred premiums
on policies in force De
cember 31 1906
Renewals
3i9i7 93 5459 73
1262 39
24 Totals
3T9I7 93
6722 12
1394 7304
COMPTROLLERGENERALS REPORT
25 Deduct loading 20 per
cent 638359 134442
I1
26 Net amount of uncollect
ed and deferred pre
miums 25534 34 5377 70 30912 04

32 Gross assets 220878 90
DEDUCT ASSETS NOT ADMITTED
35 Agents debit balances 700924
43 Total admitted assets
VLIABILITIES
213869 66
I Net present value of all the outstand
ing policies in force on the 31st day
of December 1906 as computed by
the company on the American experi
ence table of mortality with 4 per
cent interest and the actuaries table
of mortality with 4 per cent in
terest 45839 00
Deduct net value of risks of this com
pany reinsured in other solvent com
panies 2962 00
Net reserve
5 Claims for death losses in process of
adjustment or adjusted and not due
2000 00
42877 00
10 Total policy claims
12 Premiums paid in advance including surrender values
so applied
31 Capital stock
32 Unassigned funds surplus
2000 00
106 04
146400 00
22486 62
34 Total liabilities 21386966COMPTROLLERGENERALS REPORT
805
GUARANTEE LIFE INSURANCE COMPANY OF TEXAS
Jonathan Lane President Chas Boedeker Secretary
Principal Office Houston Texas
Edgar Watkins Atlanta Attorney for Service in Georgia
ICAPITAL STOCK
I Amount of capital stock paid up in
cash
2 Surplus
100000 00
25000 00
Extended at
125000 00
IIINCOME DURING YEAR
I Cash received for premiums on new poli
cies without deductions for commis
sions or other expenses
6 Deduct amount of premiums paid to
other companies for reinsurance on
policies in this company new busi
ness
25217 12
530 45
7 Total premium income
8 Cash received for interest on mortgage loans
11 Cash received for interest on other debts due the com
pany
15 From all other sources viz
ent
Due agency superintend
Total income
IIIDISBURSEMENTS FOR THE YEAR
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 89100 inspec
tion of risks 550
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
20 in
24686 67
2250 00
4 51
36 08
26977 26
16707 66
362 95
896 50
6331 60
40 65
323 50
306
COMPTROLLERGENERALS REPORT
27 Cash paid for advertising 34714 printing 112855
postage 4975
29 Cash paid for the following items viz Legal ex
penses 145831 furniture and fixtures 49910
actuary fees 62166 sundry expenses 39488
30 Total disbursements
1525 44
2973 95
29162 25
IVASSETS AS PER LEDGER ACCOUNTS
2 Loans on mortgage first liens on real estate
5 Premium notes loans or liens on policies in force
8 Cash deposited in banks
9 Bills receivable
II Total net ledger assets
75000 00
1215 12
46591 89
8 00
122815 01
OTHER ASSETS
16 Interest accrued on cash in bank 157 73
17 Interest accrued on premiums notes
loans or liens 7 28
Total carried out
25 Gross premiums due and unreported on New Business
policies in force December 31 1906 1657 61
25 Deducting loading 75 per cent on new 1243 21
Premium notes loans on policies and net premiums in
item 26 in excess of the net value of total assets
less items not admitted
165 01
26 Net amount of uncollected and deferred premiums 44 40
28 Total assets as per the books of the company 12339442
ITEMS NOT ADMITTED
978 88
a Total assets less items not admitted 12241554
VLIABILITIES
1 Net present value of all the outstand
ing policies in force on the 31st day
of December 1906 computed accord
ing to the actuaries table of mor
tality with 3i per cent interest
Deduct net value of risks of this
3835 1 COMPTROLLERGENERALS REPORT
company reinsured in other solvent
companies 204 55
Xet reinsurance reserve
16 Amount of any other liability of the company viz
Unearned interest 43778 bonuses 7690000 sun
dries 6233
17 Capital stock
18 Gross surplus on policyholders account
it Total liabilities
307
3630 58
1269 11
100000 00
17515 85
122415 54
HOME LIFE INSURANCE COMPANY OF NEW YORK
George E Ide President Ellis W Gladwin Secretary
Principal Office 256 Broadway New York City
W A Wright Atlanta Attorney for Service in Georgia
ICAPITAL STOCK
I Amount of capital stock
paid up in cash 12500000
Amount of net or ledger assets Decem
ber 31 of previous year 1733837 59
Extended at I73383I7 59
IIINCOME DURING YEAR 1906
1 Cash received for premiums on new
policies without deductions for com
missions or other expenses
ii 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
2 Premium notes loans or liens taken in
part payment for renewal premiums
3 From dividends applied to pay running
premiums see item u disburse
ments
34 From dividends applied to purchase
paidup additions and annuities see
item 12 disbursements
5 Consideration for annuities other than
matured installment policies
513399 38
2566196 65
233 4
89684 99
24695 68
274579 09
72622 07
Total 354i4io 90
6 Deduct amount of premiums paid to
other companies for reinsurance on308
COMPTROLLERGENERALS REPORT
policies in this company new business
242318 renewals 2212113
24544 31
12
13
Total premium income
Cash received for interest on mortgage loans
Cash received for interest on bonds owned and divi
dends on stock
Cash received for interest on premium notes loans
or lins
Cash received for interest on other debts due the
company
Cash received as discount on claims paid in advance
Cash received for rents for use of companys prop
erty including 2400000 for companys own occu
pancy
Cash received for profits on sales of bonds or stocks
1181450 real estate 187000 all other 1
53844
Erom dividends and surrender values on reinsurances
13500 deducted from item 13 of disbursements
From all other sources viz Consideration for sup
plementary contracts not involving life contingen
cies
Total income S
3516866 59
244942 00
360032 23
115964 76
9029 97
615 35
105373 41
15222 94
55939 ou
4423986 25
IIIDISBURSEMENTS FOR THE YEAR 1906
Cash paid for death claims including
reversionary additions 906 019 92
2 Premium notes loans or liens used in
payment of the same 12733 38
3 Cash paid for matured endowments and
additions thereto 29719403
4 Premium notes loans or liens used in
payment of same 759 12
5 Cash paid for sums falling due during
the year on installment policies 8756 ti
Total 1232293 46
Deduct amount received from other
companies for losses or claims on poli
cies of this company reinsured 7500 00
7 Total net amount actually paid for losses and ma
tured endowments 1224793 46
8 Cash paid to annuitants 404424s
9 Premium notes loans or liens used in purchase of
surrendered policies 29975 15COMPTROLLERGENERALS REPORT
309
9i
io
11
16
17
18
19
23
24
25
26
27
28
29
Premium notes loans or liens used in payment of
dividends to policyholders 14202 14
Cash dividends paid policyholders 4237 57
Cash dividends applied to pay running premiums see
item 3 income 24695 68
Cash dividends applied to purchase paidup additions
and annuities see item 3i income 274579 09
Surrender values paid in cash 263539 J6
Total paid to policyholders 187646473
Cash paid stockholders for interest on dividends 1500000
Cash paid for commissions and bonuses to agents
less commission on reinsurance new policies
26402956 renewals 18499431 44902387
Cash paid for salaries and allowances to managers
and agents 15186086
Cash paid for medical examiners fees 3387900 in
spection of risks 289901 36778 01
Cash paid for salaries and all other compensation of
officers and directors and other home office em
ployees 136208 22
Cash paid for taxes on new premiums and on re
newals 43962 47
Cash paid for taxes on reserves 163779 on invest
ments 1240237 14040 16
Cash paid for insurance department fees and agents
licenses 617928 munifcipial licenses 229782 8477 10
Cash paid for rent companys occupancy 2400000
Cash paid for commuting commissions 109443 26
Cash paid for furniture fixtures and safes for home
and agency offices 2489 7
Cash paid for advertising 2371100 printing 17
56557 postage 53038o 46580 37
Cash paid for real estate expenses other than taxes
4013776 for legal expenses 828251 4842027
Cash paid for the following items viz Agency super
vision 237928 miscellaneous office expenses 8
38298 profit and loss 1593021 2669247
Total miscellaneous expenses111297676
2989441 49
3c Total disbursements
IVASSETS AS PER LEDGER ACCOUNTS
i Cost value of real estate exclusive of all incum
brances 165285981
2 Loans on mortgage first liens on real estate 5809650 00
4 Loans made in cash to policyholders on this companys
policies assigned as collateral 1373665 00
5 Premium notes loans or liens on policies in force
of which 8991803 was received during the year 577331 14310
COMPTROLLERGENERALS REPORT
6 Cost value of bonds and stocks owned excluding ac
crued interest at time of purchase 9022004 69
7 Cash in companys office 1090 07
8 Cash deposited in banks 292455 68
10 Agents debit balances 369190 agents advances
4533434 49026 24
Total 1877808263
Less deposits by agents to company account in local
banks reports in transit included in item No 23 5220 28
11 Total net or ledger assets 18772862 35
12 Deduct depreciation from cost of assets to bring same
to market value 116466 78
13 Total net or ledger assets less depreciation 18656397 57
OTHER ASSETS
14 Interest accrued on mortgages
15 Interest accrued on bonds and stocks
17 Interest due 147581 and accrued 117128on pre
miums notes loans or liens
19 Rents due 61024 and accrued 280333 on com
panys property or lease
25 Gross premiums due and New Businesg Renewals
unreported on policies
in force December 31
1906 1993 33 15061230
24 Gross deferred premiums
on policies in force De
cember 31 1906 2271703 18080483
23778 46
96699 69
2647 09
3413 57
Totals
25 Deducting loading 226
per cent
26 Net amount of uncol
lected and deferred pre
miums
24710 36 331417 13
5584 54 74900 27
19125 82 256516 86 275642
28 Total assets as per the books of the company 19058577 06
ITEMS NOT ADMITTED
5 Agents balances
49026 24
9 Total assets less items not admitted 1900955082COMPTROLLERGENERALS REPORT
311
VLIABILITIES

Net present value of all the outstand
ing policies in force 31st day of De
cember 1906 computed according to
the actuaries table of mortality with
4 per cent interest and American
table of mortality with 3i and 3 per
cent I7723I9S 00
Deduct net value of risks of this com
pany reinsured in other solvent com
panies 95074 00
16
Net reinsurance reserve
3 Claims for death losses which have been
reported and no proofs received
4 Claims for matured endowments due
and unpaid
6 Claims for death losses and other policy
claims resisted by the company
17628121 00
97396 75
23H 73
5500 00
Total policy claims
Amount of all unpaid dividends of surplus or other
description of profits due policy holders
Present value of amounts not yet due on supplemen
tary contracts not involving life contingencies
Amount of any other liability of the company viz
Premiums paid in advance 3105226 unearned in
terest paid in advance 5616917
17 Liabilities on policyholders account 1
18 Capital stock 2500000 unassigned funds surplus
on policyholders account 95864898
105211 48
7256 93
98091 00
87221 43
17925901 84
1083648 98
19 Total liabilities 19009550 82
Business in the State of Georgia during the year
No Amount
Number and amount of policies on the lives of
citizens of Georgia in force December 31
of previous year 557 i434867 00
Number and amount of policies on the lives of
citizens of Georgia issued during the year 103 335035 20
Total 66
Deduct number and amount which have
ceased to be in force during the year 138
1769902 20
270599 20
Total number and amount of policies in
force in Georgia December 31 1906
522 1499303 00312
COMPTROLLERGENERALS REPORT
Amount of losses and claims on policies in Geor
gia unpaid December 31 of previous year I 500 00
Amount of losses and claims on policies in Geor
gia incurred during the year 6 22610 20
Total 7 2311020
Amount of losses and claims on policies in Geor
gia paid during the year 5 21442 20
Premiums collected or secured in Georgia during the year
in cash 5019371 notes or credits 146507 without
any deduction for losses dividends commissions or
other expenses 51658 78
ILLINOIS LIFE INSURANCE COMPANY OP ILLINOIS
James W Stevens President Oswald J Arnold Secretary
Home Office 134 Monroe Street Chicago 111
J C Tumlin 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 5456210 25
4 Extended at 1 5456210 25
IIINCOME
5 First years premium on original policies
without deduction for commissions or oth
er expenses less 397087 for first years
reinsurance 220584 41
8 Dividends applied to purchase paidup addi
tions and annuities 56o6 27
9 Surrender values applied to purchase paidup
insurance and annuities 28765 82
12 Total new premiums 254956 50
13 Renewal premiums in addition to item 14
without deduction for commissions or oth
er expenses less 610717 for reinsurance
on renewals 1130064 57
14 Dividends applied to pay renewal premiums 29766 43
17 Total renewal premiums 1159831 00COMPTROLLERGENERALS REPORT
313
18 Total premium income
22 Interest on mortgage loans
23 Interest on collateral loans
24 Interest on bonds and dividends on stocks
25 Interest on premium notes policy loans or
liens
Interest on deposits and sundry
Interest on other debts due the company
deferred premiums
Rent from companys property including 1
30000 for companys occupancy of its own
buildings
1414
50
26
27
29
65650 39
15633 62
72263 83
66791 22
10153 43
14804 80
79342 96
30 Total interest and rents
31 Profit on sale or maturity of ledger assets
324640 25
717 51
41 Total income
1740145 26
nIDISBURSEMENTS
1 For death claims less 1500000 reinsur
ance 41139557 additions 841898
2 For matured endowments 1911700
tions 25762
addi
419814 55
19374 62
3 Net amount paid for losses and matured endowments
4 For annuities involving life contingencies
t Premium and policy lien notes voided by lapse 8992893 I
pur rev additions 14900 interest gold bonds 47199
6 Surrender values paid in cash
8 Surrender values applied to purchase paidup insurance and
annuities see income No 9
o Dividends paid to policyholders in cash
10 Dividends applied to pay renewal premiums see income
11 Dividends appliedto purchase paidup additions and annui
ties see income No 8
12 Total paid policyholders 896625 19
14 Paid stockholders for interest or dividends
Commissions and bonuses to agents less commission on re
insurance first years premiums I36I2754 renewal
premiums 12205289
Salaries and allowances for agencies including managers
agents and clerks
18 Agency supervision traveling and all other agency expenses
19 Medical examiners fees 1328705 inspection of risks 4
8n00 inv claims 400000
20 Salaries and all other compensation of officers directors
trustees and home office employees
21 Rent including 130000 for company s occupancy of
own buildings 909349 agents offices 726778
15
17
439i89 17
1800 00
90549 94
295340 35
28765 82
5607 21
29766 43
5606 27
7000 00
258180 43
7886 33
3222 41
22100 66
93597 85
16361 27314 COMPTROLLERGENERALS REPORT
22 Advertising 1715759 printing and stationery 513433
postage 491085 27 02
23 Legal expenses gg
24 Registration 184075 inc expense 2222002 24060 77
25 Insurance taxes licenses and department fees 19589 35
26 Taxes on real estate T
tj 2413 01
27 Repairs and expenses other than taxes on real estate 71466 57
28 Loss on sale or maturity of ledger assets Stocks and bonds
28814 real estate 237254 Kentucky mortgages
40000 total 3j06o68
32 All other disbursements Investment expense 33420 ex
pense surrendered policies 39857 collectionof premi
ums 170586 municipal licenses 44525 exchange
101217 total 3896 05
40 Total disbursements 1 485 81 2
IVLEDGER ASSETS
1 Book value of real estate unincumbered 783250 32
2 Mortgage loans on real estate first liens 1202017 88
3 Loans secured by pledge of bonds stocks or other collateral Sis 00
4 Loans made to policyholders on this companys policies as
signed as collateral 1200188 17
5 Premium notes on policies in force 53Q4 g6
6 Book value of bonds excluding interest 62684046 and
stocks 105701051 1683850 g7
7 Deposited in trust companies and banks on interest 76160 81
8 Cash in companys office 767942 deposited in banks not
on interest 342983 niog 25
9 Bills receivable 550506 agents balances 14507380 150578 86
10 Suspense account 1908176 furniture and fixtures 27
22630 commuted ren commissions 4410000 90408 06
11 Total ledger assets 5710574 28
NONLEDGER ASSETS
12 Interest due 93486 and accrued 1726377
on mortgages l8IQ8 63
13 Interest accrued on bonds 1296 04
14 Interest accrued on collateral loans 3821 14
15 Interest accrued on premium notes policy
loans or liens 12673 36
16 Interest accrued on other assets 53 42
17 Rents due on companys property or lease 843 00
18 Total interest and rents due and accrued 36885 59
19 Market value of real estate over book value 229479 25
20 Market value not including interest in item 13 of bonds
and stocks over book value 0I g gCOMPTROLLERGENERALS REPORT
315
21 Due from other companies for losses or claims on policies
of this company reinsured
22 Gross premiums due and unre
ported on policies in force
December 31 1906
23 Gross deferred premiums on
policies in force December
31 1906
New Business
98736 00
Renewals
136698 97
3492 38 133699 30
24
25
Totals 10222838
Deduct loading
25557 09
270398 27
67599 57
26 Net amount of uncollected and
deferred premiums
800 00
76671 29 202793 70 279469 99
32 Gross assets
DEDUCT ASSETS NOT ADMITTED
6348692 89
34 Supplies stationery printed matter fund
ture fixtures and safes 2722D 3
Commuted commissions 4410000 agents
debit balances i45o738o V3 80
36 Cash advanced to or in the hands of officers
or agents suspense account
37 Bills receivable
38 Premium notesand loans on policies and net
premiums in item 26 in excess of the net
value of their policies 107 31
19081 76
5505 06
42 Total
43 Total admitted assets
348475 23
6000217 66
VLIABILITIES
I Net present value of all the outstanding poli
cies in force on the 31st day of December
1906 as computed by the insurance depart
ment of Illinois on the actuaries table of
mortality with 4 per cent
Same for reversionary additions
Same for annuities including those in re
duction of premiums
interest 5592767 00
55370 00
16942 00
Total
Deduct net value of risks of this company
reinsured in other solvent companies
5665079 00
io334 00
Net reserve
5654745 00316 COMPTROLLERGENERALS REPORT
4 Claims for death losses due and unpaid 520 00
5 Claims for death losses in process of adjust
ment or adjusted and not due 675 20
6 Claims for death losses which have been re
ported and no proofs received I5igo2 34
8 Claims for death losses and other policy
claims resisted by the company 2000 00
10 Total policy claims fi
11 Due and unpaid on supplementary contracts not involving
life contingencies fi
12 Premiums paid in advance including surrender values so
applied
T 7198 30
13 Unearned interest and rent paid in advance 16 132 66
16 Salaries rents office expenses taxes bills accounts bo
nuses commissions medical and legal fees due or ac
crued S Q
20 Dividends or other profits due policyholders including
those contingent on the payment of outstanding and de
ferred premiums
21 Dividend apportioned payable to policyholders during 1907 781 91
22 Amounts set apart or provisionally ascertained or calculated
or held awaiting apportionment upon deferred dividend
rp0TV 5918085
31 Capital stock IOoooooo
32 Unassigned funds surplus 100221 14
33 Total liabilities 600021766
Business in the State of Georgia during the year
Policies on the lives of citizens of said State in N Amun
force December 31 of previous year I03o 1304995 00
Policies on the lives of citizens of said State issued
during the year 16 I
Total 1206 1578029 00
Deduct ceased to be in force during the year 158 235944 00
Policies in force December 31 i048 1342085 71
Losses and claims incurred during year u 18541 00
Losses and claims settled during the year in cash
1814600 by compromise 39500 n 18541 00
Premiums collected or secured in cash and notes or credits
without any deduction for losses dividends commisions or
other expenses 39 622 2gCOMPTROLLERGENERALS REPORT
317
INDIANA NATIONAL LIFE INSURANCE COMPANY OF INDIANA
M D Butler President Frank W Killen Secretary
Principal Office 608 Indiana Pythian Building Indianapolis Ind
George W Ryan Atlanta Attorney for Service in Georgia
ICAPITAL STOCK
1 Amount of capital stock paid up in cash i493 00
Extended at 141930 00
IIINCOME DURING YEAR
1 Cash received for premiums on new policies
without deductions for commissions or
other expenses
ii Cash received for renewal premiums with
out deductions for commissions or other
expenses
2 Premium notes loans or liens taken in part
payment for premiums on new policies
2i Premium notes loans or liens taken in part
payment for renewal premiums
15562 29
7509 97
624 92
3007 44
7 Total premium income P
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
15 Ledger assets other than premiums received from other
companies for assuming or reinsuring their risks
18 Money borrowed
19 From all other sources viz Premium on capital stock
Total income
26704 62
70 00
1050 00
13 47
897 91
55339 27
70000 00
49120 00
203195 27
IIIDISBURSEMENTS FOR THE YEAR
10 Cash dividends paid policyholders
17 Cash paid for commissions and bonuses to agents less com
mission on reinsurance new policies 1033593 I renew
als 1707200
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
812 74
27407 93
5050 97
597 X
10465 26318
COMPTROLLERGENERALS REPORT
23 Cash paid for insurance department fees and agents li
censes
24 Cash paid for rent including 171940 companys occupan
cy
26 Cash paid for furniture fixtures and safes for home and
agency offices
27 Cash paid for advertising 60060 printing 176981
28 Cash paid for legal expenses
29 Cash paid for the following items viz Postage 30223
commission on stock sold 367438 traveling expenses
205235 premium on treasurers bond 9039 interest
and discount 222071 sundry expenses and collection
and exchange 77105 investment expenses 1045 pre
mium on bonds 169500 total
30 Total disbursements
IVASSETS AS PER LEDCEK ACCOUNTS
2 Loans on mortgage first liens on real estate
4 Loans made in cash to policyholders on this companys pol
icies 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 and in banks
8 Cash deposited in banks in certificates of deposit
9 Bills and accounts receivable
10 Agents ledger balances
13 Total net or ledger assets
285 50
1719 40
1834 85
2370 41
4020 00
10514 33
65380 62
4050 00
43 37
8756 24
96000 00
14510 78
149360 00
37i 43
3262 83
279744 65
OTHER ASSETS
14 Interest due 3000 and accrued 3131 on
mortgages 61 31
15 Interest accrued on bonds and stocks 267 27
18 Interest accrued on other assets 2414 95
Total carried out
23 Gross premiums due and unreported on poli
cies in force July 22 1907
25 Deducting loading 50 per cent
6023 79
3011 90
26 Net amount of uncollected and deferred premiums
27 Furniture fixtures and safes
743 S3
3011 89
1834 85
28 Total assets 287334 92COMPTROLLERGENERALS REPORT
319
ITEMS NOT ADMITTED
2 Furniture fixtures and safes
5 Agents balances
7 Bills receivable and accounts
1834 85
3262 83
376i 43
Total
9 Total assets less items not admitted
VLIABILITIES
1 Net present value of all the outstanding policies in force on
the 22d July 1907 computed according to the actuaries
table of mortality with 3 per cent interest
14 Amount due by the company for borrowed money
16 Amount of any other liability of the company viz Premi
ums paid in advance 13349274 capital stock 141930
unassigned funds surplus 30537
8859 n
278475 81
63492 74
70000 00
278475 81
19 Total liabilities 69054436
LIFE INSURANCE COMPANY OF VIRGINIA
J G Walker President W L T Rogerson Secretary
Principal Office 909915 E Broad Street Richmond Va
L Z Rosser Morris Brandon Atlanta Attorneys for Service in Georgia
ICAPITAL STOCK
i Amount of capital stock paid
up in cash 200000 00
Amount of net or ledger assets December 31
of previous year 2253668 09
Increase of capital during 1906 SOooo 00
Extended at
ILINCOME DURING YEAR 196
1 Cash received for premiums on new policies
without deductions for commissions or
other expenses 439158 10
ii Cash received for renewal premiums with
out deductions for commissions or other
647926 74
expenses
2 Premium notes loans or liens taken in part
payment for premiums on new policies 2982 5320
COMPTROLLERGENERALS REPORT
2i Premium notes loans or liens taken in part
payment for renewal premiums 1149 II
3 From dividends applied to pay running pre
miums 408 51
4i From surrender values applied to purchase
paidup insurance and annuities 6744 41
Total 2098369 72
6 Deduct amount of premiums paid to other
companies for reinsurance on policies in
this company new business 46381 re
newals 75732 1221 13
7 Total premium income 2097148 59
8 Cash received for interest on mortgage loans 74461 11
9 Cash received for interest on bonds owned and dividends
on stock 26613 43
10 Cash received for interest on premium notes loans or liens 2882 23
11 Cash received for interest on other debts due the company 8668 97
13 Cash received for rents for use of companys property in
cluding 441150 for companys own occupancy 5567 5
14 Cash received for real estate 2 09
18 Profit and loss 254 39
19 From all other sources viz Agents cash bonds 1733 72
Total income 2217332 03
IIIDISBURSEMENTS FOR THE YEAR I906
i Cash paidfor death claims including reversionary additions 618591 93
3 Cash paid for matured endowments and additions thereto 1769 50
8 Weekly indemnity claims 583 4
10 Cash dividends paid policyholders 43964 7
11 Cash dividends applied to pay running premiums 408 51
12 Cash dividends paid to annuitants 206 25
13 Surrender values paid in cash 17930 27
15 Surrender values applied to purchase paidup insurance and
annuities 6744 41
Total paid policyholders 69019897
16 Cash paid stockholders for interest on dividends 27000 00
17 Cash paid for commissions and bonuses to agents less
commission on reinsurance new policies 20040212
renewals 22783226 428234 38
18 Cash paid for salaries and allowances to managers and
agents 236243 17
19 Cash paid for medical examiners fees and inspection of
risks 38432 16
20 Cash paid for salaries and all other compensation of officers
and other home office employees 132807 49
21 Cash paid for taxes on new premiums 28549 43COMPTROLLERGENERALS REPORT 321
22 Cash paid for taxes on franchise 215499 on investments
229653 State licenses 355ooo 8y 1
23 Cash paid for insurance department fees and agents li
censes 125212 municipal licenses 569859 personal
property 2247 603 S
24 Cash paid for rent including 441 iSO companys occupan
cy less 15600 received under sublease 19728
25 Cash paid for committee and board fees 70500 general
expenses 16859S3 I7564 M
26 Cash paid for furniture fixtures and safes for home and
agency offices 357030 postage 868038 12250 8
27Cash paid for advertising 1251098 printing 1697283
traveling expenses 564302 35126 3
28 Cash paid for real estate expenses other than taxes 1050
03 for legal expenses 1949659 2054i b2
29 Cash paid for the following items viz Loss on sale of real
estate 3025 profit and loss 78927 agents cash bonds
10837 lf2
Total miscellaneous disbursements 1013361 29J
30 Total disbursements 170356026
jyASSETS AS PER LEDGER ACCOUNTS
I Cost value of real estate exclusive of all incumbrances 103095 46
2 Loans on mortgage first liens on real estate iS7iSo8 89
3 Loans secured by pledge of bonds stocks or other marketa
ble collaterals 578Sl
4 Loans made in cash to policyholders on this company s pol
icies assigned as collateral 49502 09
e Premium notes loans or liens on policies in force received
4131
during the year
6 Cost value of bonds and stocks owned excluding interest at
022359 45
time of purchase 64 12
7 Cash in companys offices fig
8 Cash deposited in banks y
11 Total net or ledger assets 28i7439
12 Deduct depreciation from cost of assets to bring same to
1 2600 99
market value
13 Total net or ledger assets less depreciation 2814838 87
OTHER ASSETS
14 Interest due 235251 and accrued 1175433
on mortgages 0684
15 Interest due and accrued on bonds and stocks 12591 45
16 Interest accrued on collateral loans 690 44
21 in322
COMPTROLLERGENERALS REPORT
17 Interest due 15714 and accrued 1031 on
premiums notes loans or liens 167 45
19 Rents due and accrued on companys property
or lease 181 52
Total carried out
20 Market value of real estate over cost
21 Market value of stocks over cost
23 Gross premiums due and unre
ported on policies in force
December 31 1906
24 Gross deferred premiums on
policies in force December
31 T906
New Business
1712 58
10588 67
Totals
25 Deducting loading
12301 25
3075 32
26 Net amount of uncollected and
deferred premiums
27 Premium extension notes
9225 93
2 Total assets
Renewals
22905 40
44995 65
67901 05
19995 55
47935 50
27737 70
21804 54
16585 94
57131 43
190 57
2938289 05
VLIABILITIES
Net present value of all the outstanding pol
icies in force on the 31st clay of December
1906 computed according to the actuaries
and American experience table of mortality
with 4 3j and 3 per cent interest includ
ing special reserve 2332196 00
Deduct net value of risks of this company
reinsured in other solvent companies 493 00
5
6
Net reinsurance reserve
2 Liability on cancelled policies not included in item No 1
upon which a surrender value may lie demanded
4 Claims for matured endowments due and
unpaid
Claims for death losses and matured en
dowments in process of adjustment or ad
justed and not due
Claims for death losses and other policy
claims resisted by the company
422 00
13621 51
3000 00
Total policy claims
10 Amount of all unpaid dividends of surplus or other de
scription of profits due policyholders
it Dividends apportioned payable to policyholders in 1907
2331703 00
4384 00
17043 51
2649 80
5352 81COMPTROLLERGENERALS REPORT 323
12 Amount of national State or other taxes due or accrued
and amount due or accrued on account of salaries rents
and office expenses commissions and medical fees 29964 35
14 Unearned interest and rent paid in advance 1226 31
15 Commissions due to agents or premium notes when paid 9 52
16 Amount of any other liability of the company viz Pre
miums paid in advance 4251252 agents cash bonds
175000 44262 52
17 Liability on policyholders account 2436595 82
18 Gross surplus on policyholders account 5OI693 23
19 Total liabilities 2938289 05
Business in the State of Georgia during the year
No Amount
Number and amount of policies on the lives of citizens
of Georgia in force December 31 of previous year 6909 802340 00
Number and amount of policies on the lives of citizens
of Georgia issued during the year 14084 1619378 00
Total 2993 2421718 00
Deduct number and amount which have ceased to be in
force during the year 8950 986135 00
Total number and amount of policies in force in
Georgia December 31 1906 2043 143558300
Amount of losses and claims on policies in Georgia in
curred during the year lS 5947 42
Amount oflosses and claims on policies in Georgia paid
during the year in cash l5 5947 42
Amount of premiums collected or secured in Georgia dur
ing the year in cash and notes or credits without deduction
for losses dividends commissions or other expenses cash 50532 26
LOUISIANA NATIONAL LIFE ASSURANCE SOCIETY
Gustavc Lemlc President Henry Kahn Secretary
W A Wright Atorney for Service in Georgia
ICAPITAL STOCK
1 Amount of capital stock paid up in cash 240000 00
Extended at
240000 00
nINCOME DURING YEAR
I Cash received for premiums on new policies without deduc
tions for commissions or other expenses
17261 25324 COMPTROLLERGENERALS REPORT
9 Cash received for interest on bonds owned and dividends
on stock I050 oo
io Cash received for interest on premium notes loans or liens I 09
19 From all other sources viz Premium on capital stock 60000 00
Total income 8821 24
IIIDISBURSEMENTS FOR TH YEAR
17 Cash paid for c mmissiohs and bonuses to agents less
C mmission on reinsurance new policies 4937 oh
8 Cash paid for salaries and allowances to managers and
agents o 00
19 Cash paid fr medical examiners ices 45300 inspection
of risks 17809 63 9
20 Cash paid f r salaries and all other compensation of officers
and other home o fice employees 8583 93
23 Cash paid for insurance department fees and agents li
censes 421 00
24 Cash paid for rent 530 00
26 Cash paid for furniture fixtures and safes for home and
agency offices r003 84
27 Cash paid for advertising 100880 printing 113707 2145 87
28 Cash paid for legal expenses too 00
29 Cash paid for the following items viz Postage 17921
agency supervision traveling etc 310890 interest mis
cellaneous telegrams exchange brokerage telephones
freight office supplies light H O traveling etc 1694 77
30 Total disbursements 4381 4
IVASSETS AS PER LEDGER ACCOUNTS
6 Cost value of bonds and stocks owned excluding accrued
interest at time of purchase 285417 50
7 Cash in companys office 881 85
8 Cash deposited in banks 17454 5
10 Agents ledger balances advanced during the year 7i 7
11 Total net or ledger assets 303826 77
12 Deduct depreciation from cost of assets to bring same to
market value 0502 50
13 Total net or ledger assets less depreciation 297324 27COMPTROLLERGENERALS REPORT
325
23
25
26
28
OTHER ASSETS
New Business
Gross premiums due and unreported on pol
icies in force December 31 1906 2479 06
Deducting actual loading 1735 34
743 12
Net amount of uncollected and deferred premiums
Total assets 298067 99
ITEMS NOT ADMITTED
Agents balances
Net premiums in item 26 in excess of the
net value of their policies
73 27
448 47
Total
Total assets less items not admitted
VLIABILITIES
Net present value of all the outstanding policies in force on
the 31st day of December 1906 computed according to the
actuaries table of mortality with 4 per cent interest
Amount due on account of salaries rents and office ex
penses
Amount of any other liability of the company viz Excess
reserve American3 per cent ever actuaries
17
18
19
Liabilities on policyholders account
Gross surplus on policyholders account
Total liabilities other than capital stock
Capital stock
Total liabilities including capital stock
521 74
297546 25
2158 00
6 66
128 00
2292 66
55253 59
57546 25
240000 00
297546 25
MANHATTAN LIFE INSURANCE COMPANY OF NEW YORK
Henry B Stokes President M W Torrey Secretary
Principal Office 64 66 68 70 Broadway New York N Y
John J Coggins Atlanta Attorney for Service in Georgia
ICAPITAL STOCK
I Amount of capital stock paid
up in cash 100000 00
Amount of net or ledger assets December 31
of previous year 18308697 16
Extended at 18308697 16826
COMPTROLLERGENERALS REPORT
IIINCOME DURING YEAR I9OO
I Cash received for premiums on new policies
without deductions for commissions or
other expenses 373428 70
ii Cash received for renewal premiums with
out deductions for commissions or other
expenses 2210813 50
3 From dividends applied to pay running pre
miums 35136 50
3I From dividends applied to purchase paidup
additions and annuities 4809 61
4 From surrender values applied to pay run
ning premiums 441 38
ii From surrender values applied to purchase
paidup insurance and annuities 7795 84
5 Consideration for annuities and also for
supplementary contracts other than ma
tured installment policies 27143 10
Total 2670568 63
6 Deduct amount of premiums paid to other
companies for reinsurance on policies in
this company new business 717868 re
newals 2551477 32686 45
7 Total premium income
8 Cash received for interest on mortgage loans
9 Cash received for interest on bends 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
including collateral loans and hank deposits
13 Cash received for rents for use of companys property in
cluding 6150000 for companys own occupancy
14 Cash received for profits on sale of bonds or stocks 44
18000 real estate 128878 all other 1326844
16 From dividends and surrender values on reinsurances
17 Premium notes loans or liens rest ired by revival of policies

2637882 18
322549 36
151128 45
104107 29
42661 05
3034 67
58737 22
685 47
14276 22
Total income
IIIDISBURSEMENTS FOR THE YEAR I906
I Cash paid for death claims including rever
sionary additions 1183236 35
3 Cash paid for matured endowments and ad
ditions thereto 147475 00
5 Cash paid for sums falling due during the
year on installment policies 100 03
3655061 91
Total 1330811 35COMPTROLLERGENERALS REPORT
6 Deduct amount received from other compa
nies for losses or claims on policies of this
company reinsured 7710 00
S27
y Total net amount actually paid for losses and matured en
dowments
8 Cash paid to annuitants
g Premium notes loans or liens voided by lapse
io Cash dividends paid policyholders
11 Cash dividends applied to pay running premiums
12 Cash dividends applied to purchase paidup additions and
annuities
13 Surrender values paid in cash
14 Surrender values applied to pay running premiums
15 Surrender values applied to purchase paidup insurance and
annuities
Total paid policyholders 1680299 79
16 Cash paid stockholders for interest on dividends
17 Cash paid for commissions and bonuses to agents less com
mission on reinsurance new policies 20394334 renew
als 12162978
18 Cash paid for salaries and allowances to managers and
agents including agency supervision and traveling
19 Cash paid for medical examiners fees 3380000 inspection
of risks 839595
20 Cash paid for salaries and all other compensation of officers
and other home office employees including directors fees
21 Cash paid for taxes on new premiums and on renewals 38
69738 mortgage tax State N Y 33242
22 Cash paid for taxes on reserves 234122 on franchise 78
12 on real estate 6607494
23 Cash paid for insurance department fees and agents li
censes 339263 municipal licenses 494766
24 Cash paid for rent including 6150000 companys own oc
cupancy
25 Cash paid for commuting commissions
26 Cash paid for furniture fixtures and safes for home and
agency offices
27 Cash paid for advertising 712795 printing and station
ery 1667670 postage 1089361
28 Cash paid for real estate expenses other than taxes 110
45682 for legal expenses 2045573
29 Cash paid for the following items viz Commuted commis
sions account heretofore carried in assets 7335375 all
other office expenses 1422617 all other disbursements
186192 charged officers 1608809

30 Total disbursements
IVASSETS AS PER LEDGER ACCOUNTS
I Book value of real estate exclusive of all incumbrances
1253641 35
1977 65
24411 30
50470 84
36136 50
4809 61
280615 s
41 3S
16000 00
325573 I
T l6420 63
42195 95
115603 M
39029 80
68494 28
8340 29
67963 49
2218 44
1745 56
34698 26
130912 60
105529 93
2738937 66
5307815 4838
COM PTROLLERGENERALS REPORT
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 pol
icies assigned as collateral
5 Premium notes loans or liens on policies in force of which
825821 was received during the year
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
11 Total net or ledger assets
12 Deduct depreciation from cost of assets on bonds and
stocks to bring same to market value
8239310 00
104000 00
1651344 60
281907 97
3171602 49
4191 49
441977 69
32671 69
19234821 41
49236 03
13 Total net or ledger assets less depreciation 19185585 38
14
15
16
17
18
19
OTHER ASSETS
Interest accrued on mortgages 149280 45
Interest accrued on bonds and stocks 42639 12
Interest accrued on collateral loans 516 67
Interest on premiums notes loans or liens 19302 00
Interest accrued on other assets 4T98 67
Rents due 171333 and accrued 913000 on
companys property or lease 10843 33
Total carried out
20 Market value of real estate over book
23 Gross premiums due and unre New Business
ported on policies in force
December 31 1906
24 Gross deferred premiums on
policies in force December
31 1906
25 Deducting loading 25 per cent
on new and renewals
226780 24
12684 S2
7568 46
1892 II
Renewals
149575 96
73617 00
5579 4
26 Net amount of uncollected and
deferred premiums 5676 35
28 Total assets as per the books of the company
167394 72 173071 07
19598121 21
ITEMS NOT ADMITTED
5 Agents balances
9 Total assets less items not admitted
32671 69
19565449 52COMPTROLLERGENERALS REPORT
329
VLIABILITIES
I Net present value of all the outstanding pol
icies in force on the 31st day of December
1906 computed according to the actuaries
table of mortality with 4 per cent interest
and American 3 and 31 Per cent 1782383d 00
Deduct net value of risks of this company
reinsured in other solvent companies 7j0b8
i7748747 30
Net reinsurance reserve
3 Claims for death losses due and unpaid 24799 50
4 Claims for matured endowments due and un
5 Claims for death losses and matured endow
ments in process of adjustment or adjust Q0
ed and not due
6 Claims for death losses and other policy
claims resisted by the company 3o
7 Amounts due and unpaid on annuity rfattns 301 19
101008 75
Total policy claims
10 Amount of all unpaid dividends of surplus or other de
scription of profits due policyholders
11 Amount of unpaid dividends to stockholders
16 Amount of any other liability of the company viz Fren 1
urns paid in advance 1807972 liability on lapsed poli
cies 720300 amount of all claims against the company
1149219 total 100000 60
17 Cash capital 1548668 35
18 Contingent reserve fund
19565449 52
19 Total liabilities
Business in the State of Georgia during the year
No Amount
Number and amount of policies on the lives of citizens
of Georgia in force December 31 of previous year 1939 3435
Number and amount of policies on the lives of citizens
of Georgia issued during the year
2225 3796430 00
Total
Deduct number and amount which have ceased to be
force during the year
Total number and amount of policies in force in g
Georgia December 31 1906 J
Amount of losses and claims on policies in Georgia
incurred during the year 330
COMPTROLLERGENERALS REPORT
Amount of losses and claims on policies in Georgia
paid during the year jg
Amount of premiums collected or secured in Georgia during the
year in cash and notes or credits without any deduction for
losses dividends commissions or other expenses 96826 21
MARYLAND LIFE INSURANCE COMPANY OF BALTIMORE
MARYLAND
Wm H Blackford 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
2 Amount of ledger assets as per balance
December 31 of previous year 244363238
4 Extended at
2443632 38
IIINCOME
5 First years premiums on original
policies without deduction for com
missions or other expenses less 2
81978 for first years reinsurance
8 Dividends applied to purchase paid up
additions and annuities
10 Consideration for original annuities in
volving life contingencies
12 Total new premiums
13 Renewal premiums in addition to item
14 without deduction for commis
sions or other expenses less 12
95982 for reinsurance on renewals
14 Dividends applied to pay renewal pre
miums
Total renewal premiums
18 Total premium income
22 Interest on mortgage loans
23 Interest on collateral loans
24 Interest on bonds and dividends on
stocks
25 Interest on premium notes policy
loans or liens and cash loans
32814 87
1029 39
8896 62
42740 88
257848 64
9438 31
6601 98
2973 87
82044 91
10550 61
267286 95
310027 8330
31
35
41
COMPTROLLERGENERALS REPORT
331
26 Interest on deposits
27 Interest on other debts due the com
pany
29 Rent from companys property
400 50
16 80
17269 99
On real
50 on 15
on
Total interest and rents
Profit on sale or maturity of ledger assets
estate in Amherst county Va sold 288
shares B O R R com stock sold 29221
city of Montgomery bonds redeemed 30111
From other sources Policies of reinsurance surren
dered
Total income
119858 72
881 81
3813 4
434581 78
HIDISBURSEMENTS
1 For death claims less 350000 reinsur
ance 13296992 additions 2975533
2 For matured endowments 2750000
additions 44800
4
6
9
10
12
14
15
17
18
19
20
21
22
Xet amount paid for losses and matured endowments
For annuities involving life contingencies
Premium notes voided by lapse
Surrender values paid in cash
Surplus distributed under deferred distribution polices
Dividends paid to policyholders in cash
Dividends applied to pay renewal premiums Small
amount of dividends paid in cash upon paid up
policies included
Dividends applied to purchase paid up additions and
annuities
Total paid policyholders 20766670
Paid stockholders for interest or dividends
Commissions and bonuses to agents less commission
on reinsurance first years premiums 20738471 re
newal premiums 1292852 on aimuites original
35586
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 direc
tors trustees and home office employees
Advertising 131439 printing and stationery 1
01104 postage 82634
Legal expenses
163893 45
5591 86
999 61
21319 4i
4983 33
411 37
9 438 31
1029 39
6000 co
34022 85
4304 00
1920 12
2336 50
21842 33
152 50
3i5i 77
600 00382
COMPTROLLERGENERALS REPORT
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 On real
estate at Mt Jackson Va sold 63660 on real
estate at Danville Va sold 18962 on 73 shares
Union Terminal R R stock sold 24433
32 All other disbursements Library bureau
sundry expenses 195338
40 Total disbursements 297671 74
4H9 57
4601 90
3020 99
1070 55
285i 96
IVLEDGER ASSETS
1 Book value of real estate unincumbered 258163 03
2 Mortgage loans on real estate first liens 121650 84
3 Loans secured by pledge of bonds
stocks or other collateral 70200 co
4 Loans made to policyholders on this
companys policies assigned as col
lateral 17200700
5 Premium notes on ordinary policies in
fqrce of which 3391 is for first years
premiums 8878 10
Premium loans on policies issued undcr
the name of loan policies 638301
6 Book value of bonds excluding in
terest 175570761 and stocks 95
33015 185103776
8 Cash in companys office 127316 de
1 osited in banks not on interest
f94938i 70772 97
y Hills receivable 4308 40
H Dividends due in January on bank stock
1 91920 deposit with Baltimore
Equitable Co 20000 furniture 2
35164 open accounts judgments etc
1392730 suspended accounts 12495 18523 09
1 Total ledger assets 2581924 20
Deduct agents etc credit balances 1381 78
Total 2580542 42
NONLEDGER ASSETS
12 Interest accrued on mortgages 1904 43
13 Interest accrued on bonds 9811 13
14 Interest accrued on collateral loans 52 27COMPTROLLERGENERALS REPORT 333
l5 Interest due 38238 and accrued 2
00408 on premium notes policy loans
2386 40
or liens
17 Rents accrued on companys property
34 4
or lease
18 Total interest and rents due and accrued 14519 13
20 Market value not including interest in item 13 of
bonds and stocks over book value 5 J
22 Gross premiums due and unreported on
policies in force December 31 i96 20263 99
23 Gross deferred premiums on policies in
force December 31 1906 2I8t5 49
24 Total 42494
25 Deduct loading 9694 3
26 Net amount of uncollected and deferred premiums 32455 10
2685354 78
32 Gross assets
DEDUCT ASSETS NOT ADMITTED
34 Furniture fixtures and safes 235l 4
35 Agents debit balances 43 40
30 Book value of ledger assets over mar
ket value viz Open accounts judg
ments etc and suspended accounts
1105225 less ledger liabilities de
ducted above i38i8 I2b7 47
iy33 51
42 Total
2666024 27
1 Total admitted assets
VLIABILITIES
I Net present value of all the outstand
ing policies in force on the 31st day
of December 1906 as computed by
the insurance department of Mary
land on the actuaries table of mor
tality with 4 Per cent interest 2333l8o 00
Same for reversionary additions In
cluded in above
Same for annuities including those in
reduction of premiums Included in
above
Total 2333l8ooo334
COMPTROLLERGENERALS REPORT
Deduct net value of risks of this com
pany reinsured in other solvent com
panies 50008 00
Net reserve 2283172 00
4 Claims for death losses due and unpaid
awaiting release 1000 00
5 Claims for death losses in process of
adjustment or adjusted and not due 3563 58
Claims for death losses which have been
reported and no proofs received in
cluding 4458 cash dividends 23167 58
7 Claims for matured endowments due
and unpaid 869 66
10 Total policy claims 28600 82
2 Premiums paid in advance including surrender values
so applied 603 37
13 Unearned interest and rent paid in advance 16 67
14 Commissions due to agents on premium notes when
paid 226 62
1 Salaries rents office expenses taxes bills accounts
bonuses commissions medical and legal fees due or
accrued estimated 2270 00
20 Dividends or other profits due policyholders including
those contingent on payment of outstanding and de
ferred premiums C 102 56
22 Amounts set apart or provisionally ascertained or cal
culated or held awaiting apportionment upon de
ferred dividend policies Total amount provisionally
calculated for deferred distribution policies which
have not yet reached the end of their distribution
19938104 This sum is not a liability nor is re
garded as apportioned until the end of the distribu
tion period stipulated in the respective policies
30 Other liabilities Agents credit balances 132518
other 5660 138178
31 Capital stock 100000 00
32 Jnassigned funds surplus 24365045
33 Total liabilities 2666024 27
Business in the Stair of Georgia during the year
Including paidfor business only
No Amount
Policies on the lives of citizens of said State in
force December 31 of previous year estimated 350 586245 00COMPTROLLERGENERALS REPORT 335
Policies on the lives of citizens of said State is
sued during the year paid for 6 9150 oo
Total 356 595395 00
Deduct ceased to be in force during the year 33 5045 00
Policies in force December 31 estimated 323 544945 o
Losses and claims incurred during year 6 9198 00
Losses and claims paid during the year in cash 6 9198 00
Premiums collected or secured in cash and notes or
credits without and deduction for losses dividends com
missions or other expenses 15163 5
MASSACHUSETTS MUTUAL LIFE INSURANCE COMPANY
SPRINGFIELD MASS
Jchn A Hall President Wm H Sargcant Secretary
Home Office 413 Main Street Springfield Mass
ICAPITAL STOCK
4 Extended at 37752487 88
IIINCOME
5 First years premiums on original poli
cies without deduction for commis
sion or other expenses less 13
46479 for first years reinsurance 756389 84
8 Dividends applied to purchase paid up
additions and annuities 776i2 75
12 Total new premiums 834002 59
13 Renewal premiums in addition to item
14 without deduction for commis
sions or other expenses less 142
82322 for reinsurance on renewals 5623861 91
14 Dividends applied to pay renewal pre
miums 820676 28
17 Total renewal premiums 6444538 19
18 Total premium income 727854 78
10 Consideration for supplementary contracts not involv
ing life contingencies 180811 10336
COMPTROLLERGENERALS REPORT
21 Premium notes loans or liens restored by revival
of policies 12719 57
22 Interest on mortgage loans 718566 23
24 Interest on bonds and dividends on
stocks 737104 22
25 Interest on premium notes policy loans
or liens 291939 47
26 Interest on deposits 10106 49
27 Interest on other debts due the com
pany Sos8 82
28 Discount on claims paid in advance 35 61
29 Rent from companys property includ
ing 800000 for companys occupancy
of its own buildings 23425 59
30 Total interest and rents 1786506 43
35 From other sources Profit and lossAdvance to
agents returned 23327 dividend on Irrigation Co
stock charged off years ago 750000 profit on
bonds called 2000 profit on real estate sold
55631 final dividend Farmers National Bank Ver
geniies Vt 415 N E Loan Trust Co balance
charged off some years ago 20000 8513 73
42 Total income 9267091 61
IIIDISBURSEMENTS
I For death claims 216837822 ad
ditions 1153900 2179917 22
2 For matured endowments 26965700
additions 583100 275488 00
3 Net amount paid for losses and matured endowments 2455405 22
5 Premium notes voided by lapse and used in purchase
of surrendered policies
6 Surrender values paid in cash
7 Surrender values applied to pay interest
9 Dividends paid to policyholders in cash
10 Dividends applied to pay renewal premiums
ioi Dividends allowed in 1906 and left with the company
to accumulate at interest subject to the order of the
policyholder
Dividends applied to purchase paid up additions and
annuities
Dividends applied in payment of premium notes
Total paid policyholders 415336135
Paid for claims on supplementary contracts not involv
ing life contingencies
II
IlJ
12
13
56306 13
565965 31
1184 58
22423 90
820676 28
91786 31
77612 75
62000 87
65482 82COMPTROLLERGENERALS REPORT
537
IS Commissions and bonuses to agents less ssum
on reinsurance first years premiums 36881090
renewal premiums 38872766
7 Salaries and allowances for agencies including man
agers agents and clerks
8 Agency supervision traveling and all other agency ex
penses
i9 Medical examiners fees 5520300 inspection of risks
2o Sawfand all other compensation of officers direc
tors trustees and home office employees o
n Rent including 800000 for companys occupancy of
its own buildings
22 Advertising 1026025 printing and stationery 29
03151 postage 2075834 78o 44
23 Legal expenses 393202
24 Furniture fixtures and safes
25 Insurance taxes licenses and department fees 19
26 Taxes on real estate
27 Repairs and expenses other than taxes on real
estate J 15801 50
29 Premiums on securities purchased
Miscellaneous expenses r
All other disbursements Profit and lossCon ns
sions 745oo to reduce ledger value of real estate
1000000 cash lost in San Francisco fire 356
taxes and expenses in connection with foreclosures
I8o622 cash surrender value paid on fraudulent
papers 7427
5594678 61
40 Total disbursements
rv LEDGER ASSETS
Book value or real estate unincumbered 5g 5
2 Mortgage loans on real estate first hens
I Loans made to policyholders on this company s poll
cies assigned as collateral
5 Premium notes on policies in force less 362342 gen
for reinsurance
6 Book value of bonds excludmg mterest I7586
S7S and stocks 42296550 7 r 6 o8
7 Deposited in trust companies and banks on interest 16365 98
8 Cash in companys office 28x60 deposited m banks
not on interest 39429922 J J
9 Bills receivable
41 U930 88
11 Total ledger assets
22 in338
COMPTROLLERGENERALS REPORT
NONLEDGER ASSETS
12 Interest due 315750 and accrued 23237390 on
mortgages 5
13 Interest accrued on bonds
15 Interest due 267736 and accrued 8594580 on pre
mium notes policy loans or liens
i6 Interest accrued on other assets
17 Rents accrued on companys property or lease
18
20
New Business
Renewals
23
Total interest and rents due and accrued
Market value not including interest in item 13
bonds and stocks over book value
Gross premiums due and
unreported on policies
in force December 31
1906 less unreported
premiums 011 reinsur
ance
Gross deferred premiums
on policies in force De
cember 31 1906 less de
ferred premiums on re
insurance
of
3924 06 33S65I 67
56104 43 685610 30
24 Totals 6002849 102126197
25 Deduct loading 20 per
cent 1200570 20425239
26 Net amount of uncollect
ed and deferred pre
miums
235531 40
258355 59
88623 16
84 20
1463 65
584058 00
501493 75
48022 79 817009 58 865032 37
32 Gross assets
DEDUCT ASSETS NOT ADMITTED
43375485 00
3372 71
37 ills receivable
43 Total admitted assets 43372112 29
VLIABILITIES
1 Net present value of all the outstand
ing policies in force on the 31st day
of December 1906 as computed by
the company on the actuaries table
of mortality with four per cent in
terest American 3 per cent and 3
per cent on policies issued since
1900
38761346 00
COM PTROLLERGENERALS REPORT
339
Same for reversionary additions 67174200
Same for deferred annuities arising from
deaths of insured under continuous
installment policies 3258 00
Total 39436346 00
Deduct net value of risks of this corn
company reinsured in other solvent
companies
620088 00
Net reserve
Present value of amounts not yet due on supple
mentary contracts not involving life contingen
cies computed by the company
Claims for death losses in process of
adjustment or adjusted and not due 5000 00
Claims for death losses which have been
reported and no proofs received 148911 00
Claims for matured endowments due
and unpaid IQ37 00
Claims for death losses and other policy
claims resisted by the company 50 36
38816258 00
10
12
280405
Total policy claims
Premiums paid in advance including surrender values
so applied
13 Unearned interest and rent paid in advance
16 Salaries rents office expenses taxes bills accounts
bonuses commissions medical and legal fees due
or accrued
20 Dividends or other profits due policyholders includ
ing those contingent on payment of outstanding
and deferred premiums
21 Dividends apportioned payable to policyholders on
demand or at maturity of policy including 42
06131 interest
23 Dividends apportioned payable to policyholders on
payment of future premiums
32 Unassigned funds surplus
33 Total liabilities
Business in the State of Georgia during the year
No
Policies on the lives of citizens of said State in
force December 31 of previous year 3205
Policies on the lives of citizens of said State is
sued during the year 49
155898 36
27132 28
390 81
16356 5
152869 48
386744 64
22249 00
3513807 53
43372112 29
Amount
6679058 00
986312 00
T0tal 3703 7665370 00S40 COMPTROLLERGENERALS REPORT
INdurt ceased to be in force during the year 211 389965 00
PiHcies in force December 31 3 492 7275405 00
Losses and claims unpaid December 31 of previous
ycar 2 3686 00
Losses and claims incurred during year 45 95 975 00
Total 47 9966i 00
Losses and claims settled during the year in cash 46 98661 00
Posses and claims unpaid December 31 1 1000 00
1 iums collected or secured in cash and notes or credits
without any deduction for losses dividends commis
sions or other expenses 25712472
MERIDIAN LIFE AND PR 1ST COMPANY OF INDIANA
Arthur Jordan President Thos I Owens Secretary
rincipal Office Lemcke Euilding Pennsylvania and Market Streets
Indianapolis Ind
C Lester Atlanta Attorney for Service in Georgia
ICAPITAL STOCK
Amount of net or ledger assets Decem
ber 31 of previous year 7533 o
Extended at 765336 86
II INCOME DURING VEAR IQOO
t Cash received for premiums on new poli
cies without deductions for commis
sions or other ex enses 1 79 02
l Cash received for renewal premiums
without deductions for commissions or
other expenses 314959 20
3 Prom dividends applied to pay running
premiums see item n disbursements I536 12
4 From surrender values applied to pay
running premiums see item 14 dis
bursements 43 7 1
Total 422398 3
6 Deduct amount of premiums paid to
other companies for reinsurance onCOMPTROLLERGENERALS REPORT
341
policies in this company new busi
ness
521 18
7 Total premium income P
S Cash received for interest on mortgage loans
10 Cash received for interest on premium notes loans
or liens and policy loans
1 Cash received for rents for use of companys property
19 From all other sources viz Inspection of loans
3000 preparing papers for loans etc 5350
Total income
421876 95
4S6o 99
25804 58
66 50
83 5o
452392 52
10
11
T3
14
17
premiums see
215767 42
bonuses to agents
IIIDISBURSEMENTS FOR THE YEAR IO06
Cash paid for death claims including reversionary addi
tions
0 Premium notes loans or liens voided by lapse
Cash dividends paid policyholders
Cash dividends applied to pay runnin
item 3 income
Surrender values paid in cash and by cancellation of
indebtedness
Surrender values applied to pay running premiums
see item 4 income
Total paid policyholders
Cash paid for commissions and
less commission on reinsurance new policies 61
92878 renewals 34327
18 Cash paid for salaries and allowances to managers
and agents including traveling expenses
19 Cash paid for medical examiners fees 489475 in
spection of risks 102568
20 Cash paid for salaries and all other compensation ot
officers and other home office employees
Cash paid for taxes on new premiums
Cash paid for taxes on investments j
Cash paid for insurance department fees and agents
licenses
Cash paid for rent
Cash paid for advertising 85232 printing 227528
postage 90745
28 Cash paid for real estate expenses other than taxes
1933 for legal expenses 106722
2 Cash paid for the following items viz Exchange
and discount 4567 office supplies 15015 tele
graph and telephone 14063 light 7993 freight
drays and express 11581 abstracts 675 actuary
services97oo repairs 2190 membership fee and
21
22
23
24
27
45 424 57
1580 60
1253 72
I53i6 12
152148 70
43 7i
62272 05
22292 59
5920 43
16430 52
52 14
138 77
778 76
1356 00
4035 05
1086 55342
COMPTROLLERGENERALS REPORT
dues American Life Convention 4525 recording
1530 miscellaneous 10635 824 7 1
30 Total disbursements 330955 02
IVASSETS AS PER LEDGER ACCOUNTS
1 Cost value of real estate exclusive of all incum
brances
2 Loans on mortgage first liens on real estate
3 Premium notes for single premiums taken under in
surance law of 1852 secured by terms of company
loan agreement
4 Loans made in cash to policyholders on this companys
policies assigned as collateral
5 Premium notes loans or liens on policies in force
received during the year
7 Cash in companys office
8 Cash deposited in banks
9 Bills receivable
10 Agents ledger balances of which 418410 was ad
vanced during the year
Furniture and fixtures
Mileage rebate
13 Total net ledger assets
600 00
151617 56
93259 S
612387 23
1746 81
5124 09
5456 7S
853 02
13153 99
2460 32
115 00
886774 36
OTHER ASSETS
I Interest due 21081 and accrued 313215 on mort
gages
17 Interest accrued on premiums notes loans or liens
23 Gross premiums due and New Business Renewals
unreported on policies
in force December 31
1906 26083 65 12594 77
24 Gross deferred premiums
on policies in force De
cember 31 1906 571 3 73T6 33
Totals
25 Deducting loading 60 per
cent on new and 20
per cent on renewals
26655 28 19911 10
15993 17 3982 22
26 Net amount of uncollect
ed and deferred pre
miums 1066211 1592888
27 Supplies stationery printed matter
3342 96
14456 51
26590 99
1024 90
2S Total assets as per the books of the company 932189 72COMPTROLLERGENERALS REPORT
343
ITEMS NOT ADMITTED
Furniture fixtures and safes 2460 32
Single premium notes item 3 93259 56
Agents balances 13153 99
Mileage rebate 115 00
Bills receivable 853 02
Supplies printed matter and stationery 1024 90
Total
9 Total assets less items not admitted
110866 79
821322 93
LIABILITIES
Net present value of all the outstand
ing policies in force on the 31st day
of December 1906 computed accord
ing to the actuaries table of mor
tality with four per cent interest
and American 3J
Deduct net value of risks of this com
pany reinsured in other solvent
companies
787238 00
198 00
Net reinsurance reserve 787040 00
5 Claims for death losses and matured endowments in
process of adjustment or adjusted and not due 5000 00
6 Claims for death losses and other policy claims resist
ed by the company 2500 00
10 Amount of all unpaid dividends of surplus or other
description of profits due policyholders 1542 13
11 Amount of deferred and uncollected premiums in ex
cess of net value of their policies item 26 11246 50
13 Amount due on account of salaries rents and office
expenses 724 94
16 Amount of any other liability of the company viz
Premiums paid in advance 1539 85
Interest paid in advance 510 65
17 Liabilities on policyholders account
18 Gross surplus on policyholders account

19 Total liabilities
Business in the State of Georgia during the year
No
Number and amount of policies on the lives of
citizens of Georgia issued during the year 307
810104 7
122085 65
932189 72
Amount
864500 OO34
COMPTROLLERGENERALS REPORT
Deduct numberand amount which have ceased
to be in force during the year 35
Total number and amount of policies in
force in Georgia December 31 1906 272
Amount of premiums collected or secured in Georgia dur
ing the vcar in cash
115000 00
749500 00
13741 65
METROPOLITAN LIFE INSURANCE COMPANY OF
NEW YORK N Y
John R Hegeman President James S Roberts Secretary
Home Office 1 Madison Avenue New York City N Y
Alex W Smith Atlanta Attorney for Service in Georgia
ICAPITAL STOCK
1 Amount of capital paid
up in cash 2000000 00
2 Amount of ledger assets as per balance
December 31 190S14652637878
Extended at 146526378 78
IIINCOME
5 First years premiums on original poli
cies without deduction for commission
or other expenses 9612732 69
8 Dividends applied to purchase paidup
additions and annuities 52263 90
to Consideration for original annuities in
volving life contingencies 21205724
Total new premiums
13 Renewal premiums in addition to item
14 without deduction for commis
sions or other expenses less 25
74716 for reinsurance on renewals 48516305 90
14 Dividends applied to pay renewal pre
miums
9 877053 83
1143801 51
17 Total renewal premiums 49660107 41
18 Total premium income S9S37IOI 24
19 Consideration for supplementary contracts not involv
ing life contingencies
22 Interest on mortgage loans 201220247
j Interest on collateral loans 10645483
8608 00COMPTROLLERGENERALS REPORT
3166231 43
24 Interest on bonds and dividends on
stock
25 Interest on premium notes policy loans
or liens
26 Interest on deposits
27 Interest on other debts due the com
pany
29 Rent from companys property in
cluding 45000309 for companys oc
cupancy of its own buildings li758o5 23
35
137831 S3
122293 73
4919 02
345
rents 6725738 24
3369 45
30 Total interest and
31 Profit on sale or maturity of ledger assets
5 From other sources Refund of U S Internal revenue
taxes 1317795 sundry deposits and credits on open
accounts 7502088
88198 83
41 Total income
66695825 76
IIIDISBURSEMENTS
i For death claims less
surance 1584871806
80400
2 For matured endowments
500000 rem
additions 1
15850522 06
161512 20
12
13
14
IS
19
Net amount paid for losses and matured endowment
For annuities involving life contingencies
Premium notes voided by lapse
Surrender values paid in cash
Dividends paid to policyholders in cash
Dividends applied to pay renewal premiums see in
come No 14
Dividends applied to purchase paidup additions and
annuities see income No 8
Total paid policyholders1945666522
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 premiums 227754412
renewal premiums 593888441 on annuities
original 971946
Commuted 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 5003174
risks 3438463l
inspection of
16012034 26
107697 26
28020 27
948402 62
1164445 40
1143801 51
52263 90
5360 00
140000 00
8226147 99
1 538304 4i
3097883 49
712472 70
844163 71346
COMPTROLLERGENERALS REPORT
20 Salaries and all other compensation of officers direc
tors trustees and home office employees 2314717 21
21 Rent including 45000309 for companys occupancy
of its own buildings 774754 55
22 Advertising 8538012 printing and stationery 480
66479 postage 9829706 664341 97
23 Legal expenses 92584 61
24 Furniture fixtures and safes 27261 49
25 Insurance taxes licenses and department fees 87152627
26 Taxes on real estate 167372 95
27 Repairs and expenses other than taxes on real estate 441001 46
28 Loss on sale or maturity of ledger assets 23895 31
29 Agents surety bonds 2429606 agents cash deposits
returned 632279 30618 85
30 Telegrams and telephones 1610193 expressage 56
07617 72178 10
31 Metropolitan staff savings fund 2996464 exchange
and collections 2021894 general home office ex
pense account 26427047 314454 05
40 Total disbursements 39815704 34
IVLEDGER ASSETS
1 Book value of real estate unincumbered
2 M ortgage loans on real estate
3 Loans secured by pledge of bonds stocks or other col
lateral
4 Loans made to policyholders on this companys poli
cies assigned as collateral
5 Premium notes on policies in force
6 Book value of bonds excluding interest 7908682986
and stocks 1018766799
7 Deposited in trust companies and banks on interest
8 Cash in companys office 5292896 cash in transit
51356148 deposited in banks not on interest
5815405
9 Agents balances
19330877 61
53956736 39
1000000 00
4044669 43
767534 11
89274497 85
4366858 95
624644 49
40681 37
11 Total ledger assets 173406500 20
NONLEDGES ASSETS
12 Interest due 657500 and accrued 77663266 on
mortgages 783207 66
13 Interest due 3345066 and accrued 110472984 on
bonds 113818050
14 Interest accrued on collateral loans 15000 00
15 Interest due 225386 and accrued 2251627 on pre
mium notes policy loans or liens 24770 13COMPTROLLERGENERALS REPORT
16 Interest due 60000 and accrued 7500 on other
assets
17 Rents due 788754 and accrued 1256521 on com
panys property or lease
347
675 00
20452 75
iSTotal interest and rents due and accrued 1982286 04
22 Gross premiums due and New Business Renewals
unreported on policies
in force December 31
1906 74 139 71 6ioi57 34
23 Gross deferred premiums
on policies in force De
cember 31 1906 105588558 289336272
24 Totals 113002529 350352006
25 Deduct loading 226005 06 700704 01
26 Net amount of uncollect
ed and deferred premi
ums 90402023 280281605 370683628
Industrial premiums due and unpaid less 50 per
cent 409014 43
32 Gross assets 179504636 95
DEDUCT ASSETS NOT ADMITTED
3S Agents debit balances 40681 37
38 Premium notes and loans on policies
and net premiums in item 26 in excess
of the net value of their policies 269195 29
39 Book value of ledger assets over mar
ket value 2765745 25
42 Total
3075621 91
43 Total admitted assets 176429015 04
VLIABILITIES
I Net present value of all the outstand
ing policies in force on the 31st day
of December 1906 as computed by
the company on the Comb Ex and
Am tables of mortality with 4 and
2i per cent interest 15310234000
Except 9077616 insurance which was
valued on a special table
Same for reversionary additions 157703 00348
COMPTROLLERGENERALS REPORT
Same for annuities including those in
reduction of premiums 913213 00
Total 154173256 00
Deduct net value of risks of this com
pany reinsured in other solvent com
panies 105548 00
Net reserve 154067708 00
2 Present value of amounts not yet due on supplemen
tary contracts not involving life contingencies com
puted by the company 47782 00
3 Liability on policies cancelled and not included in
item 1 upon which a surrender value may be de
manded 97398 35
5 Claims for death losses in process of
adjustment or adjusted and not due 156318 06
6 Claims for death losses which have been
reported and no proofs received 207411 31
8 Claims for death losses and other policy
claims resisted by the company 45540 25
10 Total policy claims 409 209 62
12 Premiums paid in advance including surrender values
so applied 180778 20
13 Lnearned interest and rent 346lQ 58
16 Salaries rents office expenses taxes bills accounts
bonuses commissions medical and legal fees due or
accrued 218922 45
20 Dividends or other profits due policyholders including
those contingent on payment of outstanding and de
ferred premiums 79 2 g
21 Dividends apportioned payable to policyholders during
QC7 302640444
22 Amounts set apart or provisionally ascertained or
calculated or held awaiting apportionment upon de
ferred dividend policies 158933 56
27 Special Mass reserve 1409285 00

3c Other liabilities Item 37 of income 7502088 de
posit account real estate 5000000 agents cash
deposit in lieu of bonds 15800837 premiums
subject to return 1133500 contingent dividend
fund intermediate branch 17474568 46910993
31 Capital stock 2000000 00
32 Unassigned funds surplus held as additional security
to the policyholders 14229479 92
34 Total liabilities 176429015 04COMPTROLLERGENERALS REPORT 349
Business in the State of Georgia during the year
No Amount
Policies on the lives of citizens of said State
in force December 31 of previous year 73 508 10490756 00
Policies on the lives of citizens of said State
issued during the year 32386 5311084 00
Total 105894 1580184000
Deduct ceased to be in force during the year 21869 3495204 00
Policies in force December 3184025 12306636 00
Losses and claims unpaid December 31 of previ
7 409 25
one year a o
Losses and claims incurred during the year 1203 106318 85
Total I210 106728 10
Losses and claims settled during the year1206 106312 35
Losses and claims unpaid December 31 4 415 75
Premi ims collected or secured in cash and notes or credits
without any deduction for losses dividends commissions
or other expenses 373768 56
MICHIGAN MUTUAL LIFE INSURANCE COMPANY OF MICHIGAN
O R Looker President A F Moore Secretary
Principal Office 150 Jefferson Avenue Detroit Mich
F L Woodruff Atlanta Attorney for Service in Georgia
ICAPITA STOCK
i Amount of capital stock paid
up in cash 250000 00
Amount of net or ledger assets December 31
of previous year fti 11821 30
Extended at 5 91821 3
HINCOME DURING YKAK T906
I Cash received fcr premiums on new policies
without deductions for commissions or oth
234305 56
er expenses iHJ J
tl Cash received for renewal premiums with
out deductions for commissions or other
1263098 85
expenses 350
COMPTROLLERGENERALS REPORT
2 Premium notes loans or liens taken in part
payment for premiums on new policies 109 11
2I Premium notes loans of liens taken in part
payment for renewal premiums 127987 91
3 From dividends applied to pay running pre
miums see item 11 disbursements 15363 68
3i Prom dividends applied to purchase paidup
additions and annuities see item 12 dis
bursements t77 21
4 From surrender values applied to pay run
ning premiums see item 14 disburse
ments 2480 27
Total 1652322 59
6 Deduct amount of premiums paid to other
companies for reinsurance on policies in
this company new business 7346 re
newals 1533100 too 5 63
7 Total premium income 1636256 96
8 Cash received for interest on mortgage loans 387203 78
9 Cash received for interest on bonds owned 1500 00
10 Cash received for interest on premium notes loans or liens 57156 08
11 Cash received for interest on other debts due the company 3735 76
12 Cash received as discount on chums paid in advance 815 97
13 Cash received for rents for use of companys property 16048 09
14 Cash received for profits on sales of real estate 159892
all other 331 1602 23
16 From dividends and surrender values on reinsurances 1455 05
Total income 2105774 82
IIIDISBURSEMENTS FOR THE YEAR IOX6
I Cash paid for death claims including revis
ionary additions 5521 15 28
3 Cash paid for matured endowments and ad
ditions thereto 314105 82
5 Cash paid for sums falling due during the
year or installment policies 3766 67
Total 86997 77
6 Deduct amount received from other compa
nies lor lushes or claims on policies of this
company reinsured for matured endow
ments 10000 00
7 Total net amount actually paid for lnse and matured en
dowments 859987 77
9 Premium notes loans or liens voided by lapse 2028 32
COMPTROLLERGENERALS REPORT
351
10 Cash dividends paid policyholders
ii Cash dividends applied to pay running premiums see item
3 income
12 Cash dividends applied to purchase paidup additions and
annuities see item 32 income
13 Surrender values paid in cash
14 Surrender values applied to pay running premiums see
item 4 income
15 Surrender values applied to pay notes on defaulted policies
Surrender values applied to pay interest on notes of default
ed policies
Total paid policyholders 1089318 15
16 Cash paid stockholders for interest on dividends
17 Cash paid for commissions and bonuses to agents less
commissions on reinsurance new policies 17716907
renewals 9988046
18 Cash paid for salaries and allowances to managers and
agents
19 Cash paid for medical examiners fees 1906306 inspec
tion of risks 349898
20 Cash paid for salaries and all other compensation of officers
and other home office employees
21 Cash paid for taxes on new premiums 563698 on renew
als 2126865
22 Cash paid for taxes on real estate
23 Cash paid for insurance department fees and agents li
censes 255640 municipal licenses 447571
24 Cash paid for rent
25 Agency supervision traveling and all other agency expenses
26 Cash paid for furniture fixtures and safes for home and
agency offices
27 Cash paid for advertising 311041 printing 746903
postage 546590
28 Cash paid for real estate expenses other than taxes 12
66734 for legal expenses 1192002
29 Cash paid for the following items viz Losses on sales of
real estate and agents balances 306345 investment ex
penses 476998 all other expenses 790456
Total miscellaneous expenses 544I04 14
30 Total disbursements
12377 20
15363 68
8977 21
154773 4
2480 27
32784 31
545 87
25000 00
277049 53
28913 91
22562 04
6i739 29
26905 63
5202 21
7032 11
14769 52
17696 83
862 38
16045 34
24587 36
77 99
1633422 29
rvASSETS AS PER LEDGER ACCOUNTS
1 Book value of real estate exclusive of all incumhranccs
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
277851 82
7997553 58
7500 00
1011576 77352
COMPTROLLERGENERALS REPORT
5 Premium notes loans or liens on policies in force 73S23
6 Cost value of bonds owned excluding accrued interest at
time of purchase 25
7 Cash in companys office s 55
8 Cash deposited in banks 163768 7
10 Agents ledger balances lal lf 2
13 Total net or ledger assets 9o4173 s
OTHER ASSETS
14 Interest due 2140210 and accrued 11059681 on mort
gages
15 Interest accrued on bonds
16 Interest accrued on collateral loans
17 Interest due 1049231 and accrued 629669 on premi
ums 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
23 Gross premiums due and un New Business Renewals
reported on policies in force
December 31 1906 396o5 38 57888 06
24 Gross deferred premiums on
policies in force December
311906 9596i8 10016600
Totals 49201 56 164054 06
25 Deducting loading 22117 98 35og6 76
26 Net amount of uncollected and
deferred premiums
31998 91
250 00
t59 59
6789 00
757 52
11848 iS
00 00
156040 88
27083 58 128063 30
28 Total assets as per the books of the company 9904523 91
ITEMS NOT ADMITTED
5 Agents balances unsecured
9 Total assets less items not admitted
VLIABILITIES
1769 14
9902754 77
I Net present value of all the outstanding poli
cies in force on the 31st day of December
1906 computed according to the actuaries
table of mortality with 4 per cent interest
and American 3 P cent from January
Ti I003 9461105 00COMPTROLLERGENERALS REPORT 353
Deduct net value of risks of this company
reinsured in other solvent companies 42912 00
Net reinsurance reserve 94i8l93
5 Claims for death losses and matured endow
ments in process of adjustment or adjusted
and not due 21520 51
6 Claims for death losses and other policy
claims resisted hy the company 48oo 00
8 Present value of unpaid amounts on matured
installment policies face 5830000 4342972
Total policy claims 69750 23
10 Amount of all unpaid dividends of surplus or other de
scription of profits due policyholders 494 28
13 Amount due on account of salaries rents and office cx
067 10
penses J
16 Amount of any other liability of the company viz Pre
miums paid in advance 944189 unearned interest and
rents paid in advance 2142298 deposit account 1
99363 total 32858 5
17 Liabilities on policyholderss account 9522263 1 1
18 Gross surplus on policyholders account 380491 66
10 Total liabilities 9902754 77
Business in the State of Georgia during the year
No Amount
Number and amount of policies on the lives of citizens
of Georgia in force December 31 of previous year 987 57166504
Number and amount of policies on the lives of citizens
of Georgia issued during the year 336 J7
Total 2374634 21
Deduct number and amount which have ceased to be in
force during the yearJ9 692834 01
Total number and amount of policies in force in
Georgia December 31 1906H 1681800 20
Amount of losses and claims on policies in Georgia
incurred during the year 2 974 3
Amount of losses and claims on policies in Georgia
paid during the year 2
Amount of premiums collected or secured in Georgia during
the year in cash and notes or credits without any deduction
for losses dividends commissions or other expenses cash
4891973 notes or credits 217015 totalp s
23 in354
COMPTROLLERGENERALS REPORT
MISSOURI STATE LIFE INSURANCE COMPANY OF MISSOURI
Edmund P Nelson President C A Goodale Secretary
Principal Office Suite 410424 Chemical Building St Louis Mo
Clifford L Anderson 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 839274 54
Extended at
839274 54
IIINCOME DURING YEAR 1906
I Cash received for premiums on new policies
without deductions for commissions or oth
er expenses 188941 69
li Cash received for renewal premiums with
out deductions for commissions or other
expenses 281929 74
3 From dividends applied to pay running pre
miums see item 11 disbursements 284 10
41 From surrender values applied to purchase
paidup insurance and annuities see item
15 disbursements 341 85
Total 471497 38
Deduct amount of premiums paid to other
companies for reinsurance on policies in
this company new business 410456 re
newals 195997 664 53
7 Total premium income 465432 85
8 Cash received for interest on mortgage loans 16107 05
9 Cash received for interest on bonds owned and dividends
on stock 200 00
10 Cash received for interest on premium notes loans or liens 20702 85
II Cash received for interest on other debts due the company 3856 02
17 Premium notes loans or liens restored by revival of policies 50 00
19 From all other sources 3056 20
Total income 509404 97
IIIDISBURSEMENTS FOR THE YEAR I906
I Cash paid for death claims including revis
ionary additions 106683 55COMPTROLLERGENERALS REPORT
355
6 Deduct amount received from other compa
nies for losses or claims on policies of this
company reinsured
3500 oo
i
7 Total net amount actually paid for losses
9 Premium notes loans or liens used in purchase of surren
dered policies 83164 voided by lapse6335669
10 Cash dividends paid policyholders
11 Cash dividends applied to pay running premiums see item
3 income
13 Surrender values paid in cash
I5 Surrender values applied to purchase paidup insurance and
annuities see item 4i income
Total paid policyholders I7L743 16
16 Cash paid st ckholders for interest on dividends
Cash paid for commissions and bonuses to agents less com
mission on reinsurance new policies 13088238 re
newals 1162542
IS Cash paid for salaries and allowances to managers and
agents
Cash paid for medical examiners fees 1191100 inspec
tion of risks 365946 r cc
Cash paid for salaries and all other compensation of officers
and other home office employees
Cash paid for taxes on new premiums and on renewals
Cash paid for franchise taxes 20000 on investments 1
568OI St Louis city tax
Cash paid for insurance department fees and agents li
censes 405460 municipal licenses 73665
24 Cash paid for rent
25 Cash paid for collection of premiums
Cash paid for furniture fixtures and safes for home and
agency offices j
Cash paid for advertising 107525 printing 889102
postage 189904
28 Cash paid for legal expenses 1
Cash paid for the following terns viz Agents accounts
written off 2641997 incidental office expense mchid
ing cost of telegrams telephones express charges etc
184450 total
19
21
22
23
26
7
29
30 Total disbursements
IVASSETS AS PER LEDGER ACCOUNTS
103183 55
64188 33
28 33
284 10
3717 00
341 85
8000 00
142507 80
17067 35
15570 46
27802 22
3519 62
7768 01
4791 25
6909 74
805 09
970 47
11865 31
1335 50
28264 47
442920 45
real estate 425717 35
T oans on mortgage first liens on
HZZ made in cash to policyholders on this company s poll
cies assigned as collateral
Premium notes loans or liens on pohcies in force
366995 70
10721 12
356
COMPTROLLERGENERALS REPORT
6 Cost value of bonds and stocks owned excluding accrued
interest at time of purchase 10100 oo
7 Cash in companys office 5221 65
8 Cash deposited in hanks 4 1330 88
10 Agents ledger balances 42672 36
13 Total net or ledger assets 905759 06
OTHER ASSETS
14 Interest due 613740 and accrued 1310372 on mort
gages
15 Interest accrued on bonds and stocks
17 Interest accrued on premiums notes loans or liens
18 Interest acrued on other assets
23 Gross premiums due and un New Bllsiness Renewals
reported on policies in force
December 31 1906 51041 94 62767 05
24 Gross deferred premiums on
policies in force December
31 1906 32846 17
Totals
25 Deducting loading
51046 94
37472 9
95613 22
17742 71
26 Net amount of uncollected and
deferred premiums
27 Furniture fixtures and safes
13574 00
77S70 51
19241 12
200 00
9491 46
51 9
91444 51
5000 00
28 Total assets as per the books of the company
ITEMS NOT ADMITTED
2 Furniture fixtures and safes
5 Agents balances
8 Premium notes and loans on policies and net
premiums in item 26 in excess of the net
value of their policies
Total
9 Total assets less items not admitted
1031188 04
5000 00
42672 36
54127 19
101799 55
929388 49
LIABILITIES
I Net present value of all the outstanding poli
cies in force on the 31st day of December
1906 computed according to the actuaries
table of mortality with four per cent in
terest 750501 00COMPTROLLERGENERALS REPORT
60
Deduct net value of risks of this company
reinsured in other solvent companies
2731 00
Net reinsurance reserve
5 Claims for death losses and matured endowments in process
of adjustment or adjusted and not due
13 Amount due on account of salaries rents and office ex
penses
16Amount of any other liability of the company viz Com
mission due to agents on premium notes when paid
17 Liabilities on policyholders account
18 Gross surplus on policyholders account
19 Total liabilities
Business in the Stale of Georgia during the y ar
No
Number and amount of policies on the lives of citizens
of Georgia in force December 31 of previous year 357
Number and amount of policies on the lives of citizens
of Georgia issued and received during the year 106
Total 553
Deduct number and amount which have ceased to be in
force during the year 215
Total number and amount of policies in force in
Georgia December i 1906
338
747770 00
5050 00
1107 75
1220 13
755147 88
174240 61
929388 49
Amount
567058 50
329342 25
896400 75
357602 00
538798 75
Amount of losses and claims on policies in Georgia
incurred during the year 3 5500 00
Amount of losses and claims on policies in Georgia
paid during the year 3 5500 00
Amount of premiums collected or secured in Georgia during the
year in cash and notes or credits without any deduction for
losses dividends commissions or other expenses 16525 89
MUTUAL BENEFIT LIFE INSURANCE COMPANY OF
NEW JERSEY
Frederick Frelinghuysen President J Wm Johnson Secretary
Principal Office 752 Broad Street Newark N J
ICAPITAI STOCK
Amount of net or ledger assets December 31
of previous year 94922790 93
Extended at 94922790 93358
COMPTROLLERGENERALS REPORT
IIINCOME DURING YEAR IC
1 Cash received for premiums on new policies
without deductions for commissions or oth
er expenses
l4 Cash received for renewal premiums with
out deductions for commissions or other
expenses
2 Premium notes loans or liens taken in part
payment for premiums on new policies
2i Premium notes loans or liens taken in part
payment for renewal premiums
3 From dividends applied to pay running pre
miums see item 11 disbursements
34 From dividends applied to purchase paidup
additions and annuities see item 12 dis
bursements
4 From surrender values applied to pay run
ning premiums see item 14 disburse
ments
5 Consideration for annuities other than ma
tured installment policies
186559 68
11065309 31
20247 68
764909 jy
1394241 21
399251 61
16466 09
169929 34
7 Total premium incomes
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 hens
and collateral loans
11 Cash received for interest on other debts due the company
12 Cash received as discount on claims paid in advance
13 Casli received for rents for use of companys property
14 Cash received for profits on sales of real estate
Total income
15706914 69
2367261 63
1194816 51
980537 49
17342 20
790 47
118213 40
18412 48
20434288 Hy
HIDISBURSEMENTS FOR THE YEAR IO06
1 Cash paid for death claims including reversionary additions
2 Premium notes loans r liens used in payment of the same
3 Cash paid for matured endowments and additions thereto
4 Premium notes loans or liens used in the payment of same
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 surren
dered policies 26071837 voided by lapse 7J379
9I Premium notes loans or liens used in payment of dividends
to policyholders
10 Cash dividends paid policyholders
4869976 00
11 X 3
1254548 48
73949 8
84441 31
162955 18
207850 51
6809 93
322149 38
COMPTROLLERGENERALS REPORT
359
11 Cash dividends applied to pay running premiums see item
3 income 1394241 21
12 Cash dividends applied to purchase paidup additions and
annuities see item 32 income 399251 61
13 Surrender values paid in cash 1374689 21
14 Surrender values applied to pay running premiums see
item 4 income 16466 09
Total paid policyholders 10372161 59
17 Cash paid for commissions and bonuses to agents less com
mission on reinsurance new policies 80218576 re
newals 78714815 1589333 91
18 Cash paid for salaries and allowances to managers and
agents 7486o 29
19 Cash paid for medical examiners fees 15635850 inspec
tion of risks 212251 158481 01
20 Cash paid for salaries and all other compensation of officers
and other home office employees 326966 51
21 Cash paid for taxes on premiums 16975616 onfranchise
3969555 2945i 71
22 Cash paid for taxes on reserves 2103242 on investments
17635508 on real estate 4368406 241051 56
23 Cash paid for insurance department fees and agents li
censes 1222526 municipal licenses 607676 18302 02
25 Cash paid for commuting commissions T35co 00
27 Cash paid for advertising 4903287 printing 2164158
postage 4085313 iu527 58
28 Cash paid for real estate expenses other than taxes 37
83947 for legal expenses 4404271 81882 18
29 Cash paid for the following items viz Investment ex
penses 13776694 loss on real estate 2938872 miscel
laneous office expenses 6401361 premium on bonds
purchased 12732540 35849 1 07
Total miscellaneous expenses 3027137 32
30
Total disbursements 3 556012 43
IVASSETS AS PER LEDGER ACCOUNTS
1 Book 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 poli
cies assigned as collateral or secured by terms of policy
5 Premium notes loans or liens on policies in force of which
1985881 was received during the year
6 Book value of bonds and stocks owned excluding accrued
interest at time of purchase
7 Cash in companys office
3282517 02
51817758 36
2204350 00
10166559 93
4959576 96
28143671 02
2287 70
360
COMPTROLLERGENERALS REPORT
8 Cash deposited in banks 1158526 66
10 Agents ledger balances 558i9 72
13 Total net or ledger assets101801067 37
OTHER ASSETS
14 Interest due 3969194 and accrued 114918362 on mort
gages
5 Interest accrued on bonds and stocks
17 Interest accrued on premiums notes policy loans or liens
21 Market value of bonds and stocks over book
23 Cross premiums due and mi New Business Renewals
reported on policies in force
December 31 1906 187064 11 477585 60
24 Gross deferred premiums on
policies in force December
31 T905 137836 90 882052 08
1188875 56
228043 47
364256 54
73I522 43
Totals
25 Deducting loading 42 per cent
on new and 20 per cent
on renewals to reduce re
newals to net
324901 01 1359637 68
136458 42 271927 54
26 Net amount of uneollected and
deferred premiums 188442 59 1087710 14 1276152 73
28 Total assets as per the books of the company105589918 10
ITEMS NOT ADMITTED
5 Agents balances 558l9 72
9 Total assets less items not admitted105534098 38
VLIABILITIES
i Net present value of all the outstanding policies in force on
on the 31st day of December 1906 computed according
to the actuaries and American table of mortality with 4
and 3 per cent interest 95897i87 00
4 Claims for matured endowments due and
unpaid 33769 00
5 Claims for death losses in process of adjust
ment or adjusted and not due 237761 89
6 Claims for death losses and other policy
claims resisted by the company 16500 00
8 Present value of unpaid amounts on matured
installment policies face 49988607 379241 88COMPTROLLERGENERALS REPORT 36 L
g Claims for death losses no proofs received
estimated 3
i 957272 77
Total policy claims y
10 Amount of all unpaid dividends of surplus or other descnp
tion of profit due policyholders 3337 7
13 Amount due on account of salaries rents and office ex
penses estimated
16 Amount of any other liability of the company viz Premi
ums paid in advance 6577299 deferred indemnity
claims 31060836 deferred death claims 20647410
unearned interest 1334602 39 y
17 Liability on policyholders account Vo 08
18 Gross surplus on policyholders account 74o9 J
w 105534098 38
19 Total liabilities
i Estimated surplus accrued on all other pol
icies 77H57998
Business in the State of Georgia during the year
No Amount
Number and amount of p lkies on the lives of citizens
of Georgia in force December 31 of previous year 4210 89I2307 00
Number and amount of policies on the lives ot citizens
of Georgia issued during the year 3 j
Total 5 3444800
I educt number and amount which have ceased to be in
force during the year j
Total number and amount of policies in force in
Georgia December 31 1906 499 J
Amount of losses and claims on polices m Georgia
unpaid December 31 of previous year
Amount of losses and claims on polices in Georgia
incurred during the year J
4 121789 00
Total
Amount of losses and claims on polices in Georgia
naid during the year
Amount of premiums collected in Georgia during the yearm
cash and notes or credits without any deduction for losses
dividends commissions or other expenses 34 362
COMPTROLLERS fiNERALS REPORT
MUTUAL LIFE INSURANCE COMPANY OF NEW YORK
Charles A Peabody President William J Easton Secretaries
William Frederick Dix
Home Office 34 Nassau Street New York City
ICAPITAL STOCK
2 Amount of ledger assets as per balance
December 31 of previous year437285341 34
Extended at 437285341 34
IIINCOME
5 First years premiums on original policies
without deduction for commissions or
other expenses 3467934 03
6 Surrender values applied to pay first years
premiums 35538 04
7 Total first years premiums on original poli
cies 3503472 04
8 Dividends applied to purchase paidup ad
ditions and annuities 1511770 55
10 Consideration for original annuities involv
ing life contingencies 1003478 78
11 Consideration for supplementary contracts
involving life contingencies 617855 04
12 Total new premiums 6636576 41
13 Renewal premiums in addition to items 14
15 and 16 without deduction for commis
sions or other expenses less 13047546
for reinsurance on renewals 51092043 38
14 Dividends applied to pay renewal premiums 47293 37
15 Surrender values applied to pay renewal
premiums 511730 95
16 Renewal premiums for deferred annuities 30222 44
17 Total renewal premiums 51681290 T4
18 Total premium income 58317866 55
19 Consideration for supplementary contracts not involving life
contingencies 383469 13
22 Interest on mortgage loans 5100689 02
23 Interest on collateral loans 419358 82
24 Interest on bonds and dividends on stocks 12087459 73
25 Interest on premium notes policy loans or
ens 1755550 75COMPTROLLERGENERALS REPORT 363
19082s 44
26 Interest on deposits g
27 Interest on other debts due the company 198341 O
20 Rent from companys property including
35938292 for companys occupancy of its
own buildings
21445263 27
error
3 From other sources Deposits on account of Pur
3 ance 13146319 collections or deposits receivedon ac
count of othersnot paid out 39469253 correction
made in 1906 1280723 I cash previously charged to ex
penses returned in 1906 302215
81883632 97
41 Total income
niDlSBURSEMENTS
Per death claims less 2874831 remsur
ace o49on45 addition 98503951 031050 90
For matured endowment 429669366
iddi
4I385456
4710548 22
s and matured endowments
Net amount paid for losses
For annuities involving life contingencies
Surrender values paid in cash
Surrender values applied to pay new premiums 35538
04 to pay renewal premiums 51173095
Dividends paid to policyholders in cash
Dividends applied to pay renewal premiums
Dividends applied to purchase paidup v
dditipns and an
25744599 iS
2742414 55
5916482 37
547268 99
1226855 23
47293 37
1511770 55
37736684 24
racts not involving
nuities
Total paid policyholders
Paid for claims on supplementary contrs
life contingencies
Commissions and bonuses to agents lessson on
insurance first years premiums 247255345 renew
premiums 124384810 on annuities original 44476
61 renewal 41093
Commuting renewal commissions
17 Salaries and allowances for agences
agents and clerks hVother agency expenses
Q Aoencv superv s on traveling and all otliei agen j
18 Agency supe 07089 inspection ot risks
19 Medical examiner s fees 22207009
3129088
6
including managers
247587 05
3761289 09
46806 98
t686H3 37
291980 14
253361 77364
COMPTROLLERGENERALS REPORT
20 Salaries and all other compensation of officers directors
trustees and home office employees including salaries of
legal and medical departments of home office heretofore
in Nos 23 and 19 1265318 2
21 Rent including 35938292 for companys occupancy of its
own buildings 575023 S3
22 Advertising 21749624 printing and stationery 144865
75 postage 1759403 538336 02
3 Legal expenses 10019628 legislative expenses 4813423 48330 51
24 Furniture fixtures and safes 291582 22
25 Insurance taxes licenses and department fees 783740 76
26 faxes on real estate gl 2g
27 Repairs and expenses other than taxes on real estate oS
28 Loss on sale or maturity of ledger assets Stocks ami bonds
3513598 real estate account ot Sai Francisco earth
quake S32591856 361054 54
32 All other disbursements Exchange 766475 1 ther invest
ment expenses 776091 express freight ami duty 5
54994 telegraph and telephone 10051 84 traveling gen
eral office employees 7490686 law library and restau
rant 4659607 expense of investigating committee 255
01765 cost of election and election lists 12756144 sun
dries 2322042 State mortgage tax 669884 fon
income tax 2700795 59203 1 07
40 Total disbursements m 1 So 187 28
IV LEDGER ASSETS
1 Book value of real estate unincumbered 3041976 50
2 Mortgage loans on real estate first liens 121774SS7 70
3 Loans secured by pledge of bonds stocks or other collateral 10000000 00
4 Loans made to policyholders on this companys policies as
signed as collateral 35 i
6 Book value of bonds excluding interest 21561510324
stocks 4801253218 263627 135 42
7 Deposited in trust companies and hanks on interest 6312294 87
8 Cash in companys office 209375 deposited in banks not
on interest 31121463 31330S 38
9 Agents balances 1140511 28
10 Supplies and stationery 2878150 suspense 5171345 80494 95
1
n Total ledger assets 470087987 03
noniedgek assets
12 Interest due 2211009 and accrued 1438
25515 on mortgages 1460365 24
13 Interest due 14347732 and accrued 1
52076069 on bonds 1664238 01COMPTROLLERGENERALS REPORT
365
14 Interest accrued on collateral loans 9526 96
15 Interest accrued on premium notes policy
loans or liens 28137 80
16 Interest accrued on other assets 8285 41
17 Rents due 4365324 and accrued 144564
84 on companys property or lease 188218 08
18 Total interest and rents due and accrued 3444451 50
20 Market value not including interest in item 13 of bonds
and stocks over book value 18684010 71
22 Gross premiums due and unre New Business Renewals
ported on policies in force
December 31 1906 24711 71 3935865 55
23 Gross deferred premiums on
policies in force December
311936 6545258 256208715
24 Totals
25 Deduct loading
90164 29 6497952 70
23442 72 1689467 70
26 Net amount of uncollected and
deferred premiums
66721 57 4808485 00 4875206 57
32 Gross assets497091655 81
DEDUCT ASSETS NOT ADMITTED
34 Supplies stationery printed matter 28781 50
35 Agents debit balances 959096 10
36 Cash advanced to or in the hands of officers
or agents i874I5 l8
40 Suspense 51713 45
42 Total 1227000 23
43 Total admitted assets 495864640 58
VLIABILITIES
I Net present value of all the outstanding
policies in force on the 31st day of Decem
ber 1906 as computed by the insurance
department of New York on the actuaries
table of mortality with 4 per cent interest
for policies issued before January I 1898
and on the American table with 3 per
cent interest for policies issued on and
after that date 362124815 00
Same for reversionary additions 12230192 00366
COMPTROLLERGENERALS REPORT
Same for annuities including those in re
duction of premiums 29757648 00
Total 404112655 00
Deduct net value of risks of this company
reinsured in other solvent companies 40206 00
1716163 21
27468 13
t x 404072441 00
Net reserve hj
2 Present value of amounts not yet due on supplementary
contracts not involving life c ntingencies computed by
the company
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 adjust
ment or adjusted and not clue 2226144 34
Claims for death losses which have been re
ported and no proofs received
7 Claims for matured endowments due and 1111
392265 05
paid
8 Claims for death losses and other policy
claims resisted by the company
9 Due and unpaid on annuity claims involving
life contingencies
313598 98
231486 00
216212 35
13
16
bo
ac
10 Total policy claims
H Due and unpaid on supplementary contracts not involving
life contingencies
2 Premiums paid in advance including surrender values so
applied
Unearned interest and rent paid in advance
Salaries rents office expenses tuxes bills accounts
nuses commissions medical and legal fees due or
crued including 775894 expenses of real estate
M Dividends or other profits due policyholders including those
contingent en payment of outstanding and deferred pre
miums
22 Amounts set apart or provisionally ascertained or calcu
lated or held awaiting apportionment upon deterred divi
dend policies
26 Reserve or surplus funds not included in the net reserve
as herein reported or in the unassigned funds Fund
for depreciation of securities and general contingencies
30 Other liabilities Surplus to be apportioned m 1907 4030
00000 deposits on account of pending insurance 131
46319 due sundry parties for collections made or de
posits held for their account 46956341
33 Total liabilities
3379706 72
11264 77
353428 67
761382 02
29594 0
283530 10
64529529 70

16069100 47
4631026 60
495864649 58
COMPTROLLERGENERALS REPORT 367
Business in the State of Georgia during the year
No Amount
Policies on the lives of citizens of said State in force
December 31 of previous year 12108 26926044 00
Policies on the lives of citizens of said State issued
during the year 734 1583542 00
Total 12842 28509586 00
Deduct ceased to be in force during the year 1331 3427479 00
Policies in force December 31 11511 2508210700
Losses and claims unpaid December 31 of previous
year 15 7458i 50
Losses and claims incurred during year 178 503421 25
Total 193 578002 75
Losses and claims settled during the year in cash 178 557298 25
Losses and claims unpaid December 31 15 20704 50
Premiums collected or secured in cash and notes or credits
without any deduction for losses dividends commissions or
other expenses 938720 13

MUTUAL RESERVE LIFE INSURANCE COMPANY OF NEW YORK
F A Burnham President Chas W Camp Secretary
Principal Office 305 307 309 Broadway New York N Y
Clifford L Anderson Atlanta Attorney for Service in Georgia
ICAPITA STOCK
Amount of net or ledger assets December
31 of previous year determined by exami
nation of N Y Ins Dept 4869177 02
Extended at 4869177 02
IIINCOME DURING YEAR I906
1 Cash received for premiums on new policies without de
ductions for commissions or other expenses 224317 32
ij Cash received for renewal premiums without deductions
for commissions or other expenses 2552079 00
2 Premium notes loans or liens taken in part payment for
premiums on new policies 4399 99
2I Premium notes loansor liens taken in part payfiiCnt for
renewal premiums 983753 72368
COMPTROLLERGENERAIS REPORT
3 From dividends applied to pay running premiums 60998 77
3I From dividends applied to purchase paidup additions and
annuities a57 3
4 From surrender values applied to pay running premiums 77 39
From surrender values applied to pay first year premiums 60 92
44 From surrender values applied to purchase paidup insur
ance and annuities 1 w 121 oS
5 Consideration for annuities other than matured installment
policies 200
7 Total premium income 3888961 S7
8 Cash received for interest on mortgage loans 13394
9 Cash received for interest on bonds owned and dividends
on stock 1429807
10 Cash received for interest on premium notes loans or liens 104410 60
11 Cash received for interest on other debts due the company 1401 68
12 Cash received as interest on deposits 0967 66
13 Cash received for rents for use of companys property in
cluding 5040000 for companys own occupancy 158976 22
14 Cash received for profits on sales of bonds or stocks 3997 I
real estate 615663 61
17 Premium notes loans or liens restored by revival of policies 25S88 96
19 From all other sources viz Fees for alterations in policies
11180 sale of furniture and fixtures 115859 I27 39
Total income 4226234 75
IIIDISBURSEMENTS FOR THE YEAR 1006
1 Cash paid for death claims including reversionary additions 1870088 25
2 Premium notes loans or liens used in payment of the same 108362 97
5 Cash paid for sums falling due during the year on install
50 00
ment policies J
8 Cash paid to annuitants 753 23
9 Premium notes loans or liens used in purchase of surren
dered policies 53687919 voided by lapse 19529898 732178 17
gi Premium notes loans or liens used in payment of divi
dends to policyholders 3748 58
10 Cash dividends paid policyholders 924 43
11 Cash dividends applied to pay running premiums 66998 77
12 Cash dividends applied to purchase paidup additions and
257 38
annuities j
13 Surrender values paid in cash 349449 5
14 Surrender values applied to pay running premiums 34 31
15 Surrender values applied to purchase paidup insurance and
0 19121 08
annuities
17 Cash paid for commissions and bonuses to agents less
commission on reinsurance new policies 16985754
renewals 9740645 original annuities 9000 267353 99
18 Cash paid for salaries and allowances to managers and
98515 26
agents COMPTROLLERGENERALS REPORT
8b9
19 Cash paid for medical examiners fees 1614479 inspec
tion of risks 93200
21 Cash paid for taxes on new premiums and renewals
22 Cash paid on investments
23 Cash paid for insurance department fees and agents li
censes 1553168 municipal licenses 107235
24 Cash paid for rent including 5040000 companys occupan
cy less 67686 received under sublease
25 Cash paid for commuting commissions
26 Cash paid for furniture fixtures and safes for home and
agency offices
27 Cash paid for advertising 1417854 printing 1415087
postage 1366110
28 Cash paid for real estate expenses other than taxes 105
34242 for legal expenses 8971376
29 Cash paid for the following items viz Traveling and
agency expenses 6284913 loss on sale of ledger as
sets 1142246 expense incurred in securing refund of
taxes from New York City 368755 expense of election
under chap 123 Laws of New York 237371 i actuarial
expense 2331400 investigating and adjusting death
claims 5047112 investment expense 124191 general
office expense 5039989 exchange and checks drafts
etc 570963 reduction cost value of leasehold 1095017
17076 79
27977 03
23022 60
16604 03
77672 13
1896 87
1239 05
41990 51
195056 18
222419 57
30 Total disbursements
4428839 29
IVASSETS AS PER LEDGER ACCOUNTS
I Cost value of real estate exclusive of all incumbrances 618019 72
2 Loans on mortgage first liens on real estate 393ioo 00
1 Loans made in cash to policyholders on this company s poh
cies assigned as collateral 2270370 69
5 Premium notes loans or liens on policies in force of which
153 453 34 was received during the year 352363 81
6 Cost value of bonds and stocks owned excluding accrued
interest at time of purchase 426125 61
7 Cash in companys office 3779 9
8 Cash deposited in banks 82 69 14
9 Bills receivable V V 1
10 Agents ledger balances on deposit with collecting banks
and bonded collectors
4666572 48
11 Total net or ledger assets
I2 Deduct depreciation from cost of assets to brmg same to
market value
13 Total net or ledger assets less depreciation 4660562 5a
24 in370
COMPTROLLERGENERALS REPORT
OTHER ASSETS
t4 Interest due 7500 and accrued 322634 on mortgages
15 Interest due 337054 and accrued 181596 on bonds and
stocks
17 Interest due 528652 and accrued 2995606 on premiums
notes loans or liens
18 Interest due 40065 and accrued 24218 on other assets
19 Rents due on companys property or lease
20 Market value of real estate over cost
23 Gross premiums due and un New Business
reported on policies in force
December 31 1906
24 Gross deferred premiums on
policies in force December
31 1906
Renewals
14154 70 149236 97
74836 00 716083 33
Totals
25 Deducting loading 50 per cent
on new and 10 per cent
on renewals
26 Net amount of uncollected and
deferred premiums
88990 70 865320 30
53394 42 173064 06
3301 34
5186 50
35243 48
732 83
2379 38
3738 28
35596 28 692256 24 727852 52
28 Total assets as per the books of the company 5438996 83
ITEMS NOT ADMITTED

5 Agents balances
82659 14
9 Total assets less items not
admitted 5356337 69
VLIABILITIES
1 Net present value of all the outstanding policies in force on
the 31st dav of December 1906 computed according to
the actuaries table of mortality with 4 per cent interest
and American table 34 per cent 4043666 00
2 Premium notes or loans on policies and other
obligations in excess of the net value of
r 374006 00
their policies f
5 Claims for death losses and matured endow
ments in process of adjustment or adjust
ed and not due 60299573
6 Claims for death losses and other policy
claims resisted by the company 4791 52
7 Claims for death losses reported no proofs
received 145590 58
COMPTROLLERGENERALS REPORT 371
8 Present value of unpaid amounts on matured
installment policies face looooo 679 00
Total policy claims 1138062 83
10 Amount of all unpaid dividends of surplus or other de
scription of profits payable policyholders bonds 26224 2916 62
n Amount due on account of salaries rents and office ex
12653 17
penses
14 Liability on policies cancelled on which a surrender value
may be demanded 29 3
16 Amount of any other liability of the company viz Premi
ums paid in advance 54H92 judgment secured pend
ing appeal claims other than death claims 19773 Si 25i78 43
17 Liabilities on policyholders account 5251992 16
18 Gross surplus on policyholders account 104345 53
19 Total liabilities 5356337 69
Business in the State of Georgia during the year
No Amount
Number and amount of policies on the lives of citizens
of Georgia in force December 31 of previous year 2067 3617024 00
Number and amount of policies on the lives of citizens
of Georgia issued during the year 691 894266
Total 2758 45H290 00
Deduct number and amount which have ceased to be in
763 1216479 00
force during the year j
Total number and amount of policies in force in
Georgia December 31 1906995 32948u 00
Amount of losses and claims on policies in Georgia
unpaid December 31 of previous year 4
Amount of losses and claims on policies in Georgia
incurred during the year
Total l 738446
Amount of losses and claims on policies in Georgia
27 40104 ho
paid during the year j
Wunt of premiums collected or secured in Georgia during
the year in cash and notes or credits without any deduction
for losses dividends commissions or other expenses Cash
12995100 notes or credits 392500 total 133876 00372
COMPTROLLERGENERALS R ll RT
NATIONAL LIFE INSURANCE COMPANY CHICAGO ILL
A M Johnson President Robert D Gray Secretary
Principal Office 159 LaSalle Street Chicago 111
Mark J McCord Atlanta Attorney for Service in Georgia
1CAPITAL STOCK
I Amount of capital stock paid
up in cash 1000000 00
Amount of net or ledger assets December 3
of previous year 5245130 97
Extended at 5245130 97
IINCOME DURING YEAR 1906
1 Cash received fi r premiums on nev policies
without deducti us lor commissions or oth
er expenses
i Cash received for renewal premiums with
out deductions for c mmissions 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 pre
miums
3J Front dividends applied to purchase paidup
additii 11s and annuities
4 From surrender values applied to purchase
paidup insurance and annuities
5 Consideration for annuities other than ma
tured installment policies
Total
6 Deduct amount of premiums paid to other
companies for reinsurance on policies in
this company new business 287293 re
newals 560572
367077 11
1366640 19
1179 75
69175 30
67 26
78 00
21673 89
3000 00
828992 16
8478 5
7 Total premium income 8205 13 51
8 Cash received for interest on mortgage loans 681 42
9 Cash received for interest on bonds owned and dividends
on stock 151417 59
10 Cash received for interest on premium notes loans or liens 33259 92
11 Cash received for interest on other debts due the company 17957 23
13 Cash received for rents for use of companys property 13810 51COMPTROLLERGENERALS REPORT
373
14 Cash received for profits on sales of bonds or stocks 2
91000 real estate 146259 4372 59
16 Consideration for supplementary contracts not involving life
contingencies 12076 00
17 Premium notes loans or liens restored by revival of poli
cies 820 91
19 From all other sources viz Charged off collateral loan
paid during the year 30000 profit and loss 37683 676 83
Total income 2151636 51
IIIDISBURSEMENTS FOR THE YEAR 1906
I Cash paid for death claims including reversionary additions 318133 90
3 Cash paid for matured endowments and additions thereto 3608 00
8 Paid to annuitants 2121 56
9 Premium notes loans or liens voided by lapse 2801 57
10 Cash dividends paid policyholders 5138 45
11 Cash dividends applied to pay running premiums 67 26
12 Cash dividends applied to purchase paidup additions and
annuities 178 66
13 Surrender values paid in cash 101842 59
15 Surrender values applied to purchase paidup insurance and
annuities 21673 89
Total paid policyholders 455565 88
16 Paid for claims on supplementary contracts not involving
life contingencies 4720 00
17 Cash paid for commissions and bonuses to agents less com
mission on reinsurance new policies 26632684 re
newals 5294429 319271 13
18 Cash paid for salaries and allowances to managers and
agents 76407 57
19 Cash paid for medical examiners fees 2386361 inspec
tion of risks 452414 28387 75
20 Cash paid for salaries and all other compensation of officers
and other home office employees 78941 28
21 Cash paid for taxes on real estate 5858 70
22 Loss on sale or maturity of ledger assets 9310 00
23 Cash paid for insurance department fees and agents and
municipal licenses 27900 85
24 Cash paid for rent 12405 96
25 Cash paid for commuting commissions 1453 65
26 Cash paid for furniture fixtures and safes for home and
agency offices 343 92
27 Cash paid for advertising 1110599 printing 1121119
postage 33876825704 86
28 Cash paid for legal expenses 13164 27
29 Cash paid for the following items viz Agency supervision
traveling and all other agency expenses 350949 ex
change and collections 26351 investigation expenses374
COMPTROLLERGENERALS REPORT
29381 miscellaneous expenses 448333 taxes on per
sonal property 151403 agents balances charged off
3771547 Pront and loss 3143
47811 07
30
Total disbursements 1123463 89
IVASSETS AS PER LEDGER ACCOUNTS
Cost value of real estate exclusive of all incumbrances
Loans on mortgage first liens on real estate
Loans secured by pledge of bonds stocks or other market
able collaterals
Loans made in cash to policyholders on this companys pol
icies 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
337043 42
1782562 50
150000 00
336669 65
33129 6
3388249 36
49019 48
196260 89
36864
13 Total net or ledger assets 6273303 59
OTHER ASSETS
14 Interest due 270757 and accrued 2743915 on mortgages
15 Interest accrued on bonds and stocks
17 Interest accrued on premiums notes loans or liens
19 Rents due on companys property or lease
20 Market value of real estate over cost
21 Market value of bonds and stocks over cost
23 Gross premiums due and un
reported on policies in force
December 31 1906
24 Gross deferred premiums on
policies in force December
31 1906
30146 72
1762 50
970 71
274 00
70590 00
528375 64
New Business
81303 39
Renewals
61436 76
10789 08 167283 94
Totals
25 Deducting loading
92092 47
75939 89
228720 70
43784 32
26 Net amount of uncollected and
deferred premiums
16152 58 184936 38 201088 96
28 Total assets as per the books of the company 7106512 12
VLIABILITIES
I Net present value of all the outstanding pol
icies in force on the 31st day of December
1906 computed according to the actuaries
and American table of mortality with 4
and 3i per cent interest 5623939 17COMPTROLLERGENERALS REPORT 375
Deduct net value of risks of this company re
insured in other solvent companies 2925800
Net reinsurance reserve 5S94Pol 17
5 Claims for death losses and matured endowments in process
of adjustment or adjusted and not due 25968 14
6 Claims for death losses and other policy claims resisted by
the company 9000 00
7 Amounts due and unpaid on annuity claims 932 49
8 Present value of unpaid amounts on matured installment
48082 04
policies 4
13 Amount due on account of salaries rents and office ex
3000 00
penses
14 Amount due agents for commissions on premium notes
when paid J
15 Unearned interest paid in advance 10120 77
16 Amount of any other liability of the company viz Premi
ums paid in advance 4516119 dividends apportioned
payable to policyholders subsequent to 1907 21534351 260504 70
17 Liabilities on policyholders account 5953531 81
18 Gross surplus on policyholders account 1152980 31
19 Total liabilities 7iofiS
Business in the State of Georgia during the year
No Amount
Number and amount of policies on the lives of citizens
of Georgia in force December 31 of previous year 840 122147108
Number and amount of policies on the lives of citizens
of Georgia issued during the year 266 355658 53
Total 1106 157712961
Deduct number and amount which have ceased to be 111
force during the year S 303464 oo
Total number and amount of policies in force in
Georgia December 31 1906 9i8 127366561
Amount of losses and claims on policies in Georgia
unpaid December 31 of previous year I 1012 25
Amount of losses and claims on policies in Georgia
incurred during the year 5 28140 00
Total l6 2015225
Amount of losses and claims on policies in Georgia
paid during the year JS 2865225
Amount of premiums collected or secured in Georgia during the
year in cash without any deduction for losses dividends
commissions or other expenses 39589 4
37b
COMPTROLLERGENERALS REPORT
NATIONAL LIFE AXD ACCIDENT INSURANCE COMPANY
C A Craig President C R Clements Secretary
Principal Office Nashville Tenn
Hon W A Wright Atlanta Attorney for Service in Georgia
ICAPITAL STOCK
l Amount of capital stock
paid up in cash 100000 00
Amount of net or ledger assets Decem
ber 31 of previous year
Extended at
141340 24
141340 24
IIINCOME DURING YEAR IO06
Cash received for premiums on new
policies without deductions for com
missions or other expenses 14373 3
ij Cash received for renewal premiums
without deductions for commissions
or other expenses Industrial 647558 68
2 Cash received for special occupation
business 5246 46
7 Total premium income 667178 44
8 Cash received for interest on mortgage loans 6406 73
9 Cash received for interest on bonds owned and div
idends on stock 755 00
10 Cash received for interest on loans collateral 40 50
11 Cash received for interest on other debts due the com
pany 100 63
19 From all other sources viz Profit and loss 1783 76
Total income p
IIIDISBURSEMENTS FOR THE YEAR 1906
1 Cash paid for death claims including
reversionary additions 40623 85
3 Cash paid for disability claims 171268 II
676265 06
7 Total net amount actually paid for losses and ma
tured endowments 211891 96
16 Cash paid stockholders for interest on dividends 15000 00
17 Cash paid for commissions and bonuses to agents
less commission on reinsurance 207974 88COMPTROLLERGENERALS REPORT
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
22 Cash paid for taxes on investments
23 Cash paid for insurance department fees and agents
municipal licenses
24 Cash paid for rent
25 Cash paid for agency supervision
26 Cash paid for furniture fixtures and safes for home
and agency offices
27 Cash paid for advertising 41365 printing 615616
postage 300341
28 Cash paid for legal expenses
29 Cash paid for the following items viz Expense mis
cellaneous 3925io profit and loss 71871
j
30 Total disbursements 1
IVASSETS AS PER LEDGER ACCOUNTS
109853 58
590 34
25517 16
1829 72
6093 12
8516 02
18248 73
1424 48
9573 22
860 23
4643 81
622017 25
I Cost value of real estate exclusive of all incum
1 j3 93
brances q
2 Loans on mortgage first liens on real estate 137190 3
3 Loans secured by pledge of bonds stocks or other
11 1 2250 00
marketable collaterals
6 Cost value of bonds and stocks owned excluding ac
crued interest at time of purchase 5 7
7 Cash in companys office and branch offices W j5
8 Cash deposited in banks 9 qq
9 Bills receivable
10 Agents ledger balances advanced during the year g9 03
Stocks buggies etc
Total ledger assets 93
Less agents credit balances A d
II Total net or ledger assets I9j5 D
OTHER ASSETS
14 Interest due and accrued on mortgages 01
15 Interest due and accrued on bonds and stocks 5
16 Interest due and accrued on collateral loans 379 29
18 Interest due and accrued on other assets 6 386 80
27 Furniture fixtures and safes
28 Total assets as per the books of the company 204318 55378 COMPTROLLERGENERALS REPORT
ITEMS NOT ADMITTED
2 Furniture fixtures and safes 6386 80
5 Agents balances 519 3
6 Stock buggies etc 637 00
7 Bills receivable 680 00
Total 8222 83
9 Total assets less items not admitted 196095 72
VLIABILITIES
I Net present value of all the outstand
ing policies in force on the 31st day
of December 1906 computed accord
ing to the actuaries table of mor
tality with 4 per cent interest 24171 24
Reserve for disability 50 per cent of
weekly premiums 8424 73
Net reinsurance reserve 32595 97
16 Amount of any other liability of the company viz
Contingent reserve 5000 00
17 Liabilities on policyholders account 37595 97
18 Gross surplus on policyholders account 158499 75
19 Total liabilities 196095 72
NATIONAL LIFE INSURANCE COMPANY MONTPEL1ER
VERMONT
Joseph A DeBoer President Osman D Clark Secretary
Principal Office 116 State Street Montpelier Vt
Geo M Hope Co Atlanta Attorney for Service in Georgia
ICAPITAL STOCK
Amount of net or ledger assets Decem
ber 31 of previous year 3299764762
Extended at 32997647 62
IIINCOME DURING YEAR 1906
I Cash received for premiums on new
policies without deductions for com
missions or other expenses 79795 5COMPTROLLERGENERALS REPORT
37
il Cash received for renewal premiums
without deductions for commissions
or other expenses 4406451 73
2l Premium notes loans or liens taken
in part payment for renewal pre
miums
3 From dividends applied to pay running
premiums
3i From dividends applied to purchase
paid up additions and annuities
4 From surrender values applied to pay
running premiums
5 Consideration for annuities other
matured installment policies
than
404621 38
141504 37
7695 32
208 08
448840 87
12
13
7 Total premium income v
8 Cash received for interest on mortgage loans
g Cash received for interest on bonds owned and divi
dends on stock
0 Cash received for interest on premium notes loans
or liens
Cash received for interest on deposits
1 Cash received for interest on other debts due the
company
Cash received as discount on claims paid in advance
Cash received for rents for use of companys property
including 616667 for companys own occupancy
Consideration for supplementary contracts not involv
ing life contingencies
19 From all other sources viz Profit on bills receivable
Consolidated Lighting Co Vermont 442037 profit
on Farmers National Bank Vermont divi
dend 1687 profit on bills receivable Trust Co
of America Topeka Kas 10090 profit on bills re
ceivable N E L T Co New York 82910
profit on collection through extended insurance
claims 67671
6139117 25
675134 9i
570984 80
278354 28
18657 47
15918 41
819 61
56283 89
24322 00
6043 95
Total income 778563657
IIIDISBURSEMENTS FOR THE YEAR IO06
1 Cash paid for death claims including
reversionary additions 146817815
2 Premium notes loans or liens used in
payment of the same 21304 95
3 Cash paid for matured endowments and
additions thereto 444242 70380
COMPTROLLERGENERALS REPORT
5 Cash paid for sums falling due during
the year on installment policies 5993 21
7 Total net amount actually paid for losses and ma
tured endowments 193971901
8 Cash paid to annuitants 211 226 S5
9 Premium notes loans or liens used in purchase of sur
rendered policies 110072 8v
9i Premium notes loans or liens used in payment of
dividends to policyholders 37 21
10 Cash dividends paid policyholders 74513 03
11 Cash dividends applied to pay running premiums 141504 37
12 Cash dividends applied to purchase paidup additions
and annuities 7695 32
13 Surrender values paid in cash 600648 94
14 Surrender values applied to pay running premiums 208 08
Total paid policyholders 308562534
Paid for claims on supplementary contracts not in
volving life contingencies 4701 00
17 Cash paid for commissions and bonuses to agents less
commission on reinsurance New policies 398
11874 renewals 34192553 annuities 2191942 76196369
18 Cash paid for salaries and allowances to managers
and agents 141570 79
19 Cash paid for medical examiners fees 5680415 in
spection of risks 513234 61 936 49
20 Cash paid for salaries and all other compensation of
officers and other home office employees 152056 91
21 Cash paid for taxes on new premiums 1551719 on
renewals 8968083 10519802
22 Cash paid for taxes on reserves 2861360 on invest
ments 11985 28733 45
23 Cash 1 aid for insurance department fees and agents
licenses 452635 municipal licenses 384491 8371 26
24 Cash paid for rentincluding 616667 companys oc
cupancy 2689415
25 Cash paid for commuting commissions 8088 16
26 Cash paid for furniture fixtures and safes for home
and agency offices 22131 09
27 Cash paid for advertising 3559749 printing and
stationery 1192321 postage telegrams and ex
press 1618377 6370447
28 Cash paid for real estate expenses other than taxes
2302569 for legal expenses 267960 25705 29
29 Cash paid for the following items viz Taxes on real
estate 1485970 travel 524178 investment ex
penses 337783 2347931
Premium on bonds 4013138 depreciation 73
95626 114087 64
Total miscellaneous expenses 154862172
30 Total disbursements 4634247 06COMPTROLLERGENERALS REPORT
381
IVASSETS AS PER LEDGER ACCOUNTS
1 Cost value of real estate exclusive of all incum
brances 652600 00
2 Loans on mortgage first liens on real estate 15045779 92
4 Loans made in cash to policyholders on this com
panys policies assigned as collateral 378799 99
5 Premium notes loans or liens on policies in force 137747 74
6 Cost value of bonds and stocks owned excluding ac
crued interest at time of purchase 14616313 76
7 Cash in companys office 832 39
8 Cash deposited in banks 666888 55
10 Agents ledger balances M59 78
11 Total net or ledger assets 36149037 13
OTHER ASSETS
14 Interest due 189416 and accrued
28926045 on mortgages 29115461
Interest due 29000 and accrued
21194768 on bonds and stocks 214917 68
Interest due 1216843 and accrued
14584417 on premiums notes loans
or liens 158012 60
Interest accrued on other assets 1276 00
Rents due 134214 and accrued 1
37265 on companys property or
lease claimed as an asset 2714 79
15
1
18
19
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
1906
24 Gross deferred premiums
on policies in force De
cember 31 1906
Totals
25 Deducting loading 55 per
cent on new and 7
per cent on renewals
52572 94
70817 65
Renewals
76186 43 246348 43
412397 37
128759 37 658745 80
46112 21
668075 68
123032 24
26 Net amount of uncollect
ed and deferred premi
ums
57941 72 612633 59 670575 31

382 COMPTROLLERGENERALS REPORT
Annuity consideration in arrears net 1946160
cash in bank overremitted by agents 751194 26973 54
28 Total assets as per the books of the company 37637693 90
ITEMS NOT ADMITTED
5 Agents balances 1139 7
9 Total assets less items not admitted 37036534
VLIABILITIES
I Xet present value of all the outstanding policies in
force on the 31st day of December 1906 computed
according to the actuaries table of mortality with 4
per cent interest policies dated subsequent to De
cember 31 1900 valued on the American Experi
ence tables 3 Per cent interest 32798726 55
4 Claims for matured endowments due
and unpaid 1755 00
5 Claims for death losses and matured
endowments in process of adjustment
or adjusted and not due 38428 29
6 Claims for death losses and other policy
claims resisted by the company 2000 00
7 Amounts due and unpaid on annuity
6340 85
claims J
8 Present value of unpaid amounts on
matured installment policies face
9976416 SSM
Total policy claims 33041 51
10 Amount of all unpaid dividends of surplus or other
description of profits due policyholders 10005 04
Surrender values claimable on surrendered policies 8047 7i
i Amount due op account of salaries rents office ex
15 rwiiuu 157351 20
penses taxes etc J
16 Amount of any other liability of the company viz
Premiums paid in advance 1422024 unearned
c 14017 01
interest and rent 39737
Life rate endowment reserve 23858238 agents credit
balances 751 L94 1 5
17 Liabilites on policyholders account 3
18 Gross surplus on policyholders account 42QS9 3
19 Total liabilities 37636534
20 Estimated surplus accrued on tontine
or other policies the profits upton
which areespecially reserved for that
class of policies 3136071 94
COMPTROLLERGENERALS REPORT 883
21 Estimated surplus accrued on all other
policies 1132567 57
Business in the State of Georgia during the year
No Amount
Number and amount of policies on the lives of
citizens of Georgia in force December 31 of
previous year o86 2243476 63
Number and amount of policies on the lives of
citizens of Georgia issued during the year 745 1504941 81
Total 31 3748418 44
Deduct number and amount which have ceased to
be in force during the year 355 776721 54
Total number and amount of policies in force
in Georgia December 31 1906 1476 297169690
Amount of losses and claims on policies in Geor
gia incurred during the year 5 6000 00
Amount of losses and claims on policies in Geor
gia paid during the year 5 6000 00
Amount of premiums collected or secured in Georgia dur
ing the year in cash 8373118 notes or credits 6
3II53 without any deduction for losses dividends com
missions or other expenses 90042 71
NEW ENGLAND MUTUAL LIFE INSURANCE COMPANY OF
MASSACHUSETTS
Benjamin F Stevens President D F Appel Secretary
Principal Office 87 Milk Street Boston Mass
1CAPITAL STOCK
2 Amount of ledger assets as per
balance December 31 190637999491 75
4 Extended at 37999491 75
IIINCOME
5 First years premiums on original poli
cies without deduction for commis
sions or other expenses 68326952
8 Dividends applied to purchase paidup
additions 94259 45
9 Surrender values applied to purchase
paidup insurance 9294 04884
COMPTROLLERGENERALS REPORT
II Consideration for supplementary con
tracts involving life contingencies 12806 55
12 Total new premiums 809629 56
13 Renewal premiums in addition to items
14 and 16 without deduction for
commissions or other expenses 4770796 47
14 Dividends applied to pay renewal pre
miums 497445 86
16 Renewal premiums for deferred annui
ties 24968 88
17 Total renewal premiums 5293211 21
18 Total premium income
19 Consideration for supplementary contracts not involv
ing life contingencies
21 Premium notes loans or liens restored by revival of
policies
22 Interest on mortgage loans 43377643
23 Interest on collateral loans 7i44 5
24 Interest on bonds and dividends on
stocks
25 Interest on premium notes policy loans
or liens
26 Interest on deposits
28 Discount on claims paid in advance
29 Rent from companys property includ
ing 3576300 for companys occu
pancy of its own buildings
6102840 77
42695 00
663 09
910436 13
188999 12
9536 57
2125 08
200468 40
30 Total interest and rents
31 Profit on sale or maturity of ledger assets 119
20050 profit and loss 224036
41 Total income
1816385 88
121440 86
8084025 60
IIIDISBURSEMENTS FOR THE YEAR
i For death claims 214344990 addi
tions 12297 2155746 90
2 For matured endowments 42251400
additions 344900 425963 00
3 Net amount paid for losses and matured endow
ments 2581709 90
5 Premium notes voided by lapse 2525 17
6 Surrender values paid in cash 689451 54
8 Surrender values applied to purchase paidup in
surance see income No 9 19294 04COMPTROLLERGENERALS REPORT
385
12
13
IS
16
17
IQ
23
24
25
26
2
28
32
Dividends paid to policyholders in cash 66855 57
Dividends applied to pay renewal premiums see in
come No 14 497445 86
Dividends applied to purchase paidup additions see
income No 8 94259 45
Total paid policyholders395154153
Paid for claims on supplementary contracts not in
volving life contingencies 9800 00
Commissions and bonuses to agents first years pre
miums 35175270 renewal premiums 26718198 618934 68
Commuted renewal commissions 23678 96
Salaries and allowances for agencies including mana
gers agents and clerks 89914 25
Agency supervision traveling and all other agency
expenses 4819 91
Medical examiners fees 5908337 inspection of risks
266107 61744 44
Salaries and all other compensation of officers direc
tors trustees and home office employees 181822 54
Rent including 35763 for companys occupancy of its
own buildings 59T7 37
Advertising 1268348 printing and stationery 26
61937 postage 463286 43935 7i
Legal expenses 2518 09
Furniture fixtures and safes 14 92 47
Insurance taxes licenses and department fees 114495 98
Taxes on real estate 43 878 78
Repairs and expenses other than taxes on real
estate 7746i 66
Loss on sale or maturity of ledger assets Premium
charged off on bonds purchased and depreciation
5597463 profit and loss 1549366 7146829
All other disbursements Miscellaneous expenses 1572404
40 Total disbursements 5429450 96
IVLEDGER ASSETS
1 Book value of real estate unincumbered 244316500
incumbered 11527700 incumbrance 4000000 251844200
2 Mortgage loans on real estate 11051883 34
3 Loans secured by pledge of bonds stocks or other
collateral 118680000
4 Loans made to policyholders on this companys poli
cies assigned as collateral 3I07823 44
5 Premium notes on policies in force 138455 98
25 In
386
COMPTROLLERGENERALS REPORT
6 Book value of bonds excluding interest 1950812700
and stocks 270545600 22213583 00
7 Deposited in trust companies and banks on interest 437078 63
11 Total ledger assets 40654066 39
NONLEDGER ASSETS
12 Interest due 595225 and accrued 9663625 on
mortgages
13 Interest accrued on bonds
14 Interest accrued on collateral loans
15 Interest due 448194 and accrued 4598171 on pre
mium notes policy loans or liens
16 Interest accrued on other assets
17 Rents due 147651 and accrued 2703008 on com
panys property or lease
iS Total interest and rents due and accrued
20 Market value not including interest in item 13 of
bonds and stocks over book value
22 Gross premiums due and New Business Renewals
unreported on policies
in force December 31
K0 6036300 23673674
23 Gross deferred premiums
on policies in force De
cember 31 1906
102588 50
118212 61
12637 16
50463 65
418 90
28506 59
312827 41
1148870 00
69603 98 556874 20
24 Totals
25 Deduct loading
129966 98 7936io 94
2984 39 182575 53
26 Net amount of uncollect
ed and deferred pre
miums
100119 59 611035 41 7niS5 00
32 Gross assets 42826918 80

VLIABILITIES
I Net present value of all the outstanding policies in
force on the 31st day of December 1906 as computed
by the companys actuary combined experience 4
per cent on all policies issued prior to January I
1901 American experience 3J per cent on all poli
cies issued since 37350262 33
Same lor reversionary additions 336311 T3
Same for annuities including those in reduction of
premiums
17118 39COMPTROLLERGENERALS REPORT 387
2 Present value of amounts not yet due on supplementary
contracts not involving life contingencies computed
by the companys actuary IST43 0I
4 Claims for death losses due and unpaid 54385 00
5 Claims for death losses in process of ad
justment or adjusted and not due 35407 39
6 Claims for death losses which have been
reported and no proofs received 139957 00
7 Claims for matured endowments due
and unpaid 82968 00
8 Claims for death losses and other
policy claims resisted by the com
pany 10000 00
10 Total policy claims 322717 39
12 Premiums paid in advance including surrender val
ues so applied 59059 4
6 Salaries rents office expenses taxes bills accounts
bonuses commissions medical and legal fees due
or accrued ISI4 94
20 Dividends or other profits due policyholders includ
ing those contingent on payment of outstanding and
deferred premiums 178234 45
21 Dividends apportioned payable to policyholders dur
ing 1907 65r35 95
22 Amounts set apart or provisionally ascertained or cal
culated or held awaiting apportionment upon de
ferred divided policies 1908 6620915 1909 49
51345 1910 2701380 14273630
32 Unassigned funds surplus 4002398 41
34 Total liabilities 42826918 80
Business in the Sidle of Georgia during the year
No Amount
Policies on the lives of citizens of said State in
force December 31 of previous year 1100 203658000
Policies on the lives of citizens of said State is
sued during the year W 872928 00
Total 1517 2909508 00
Deduct ceased to be in force during the year 193 365727 00
Policies in force December 31 1906 1324 254378 00
Losses and claims incurred during year II 31733 00
Losses and claims settled during the year in cash 10 30733 00388
COMPTROLLERGENERALS REPORT
Losses and claims unpaid December 31 1 1000 00
Premiums collected or secured in cash and notes or credits
without any deduction for losses dividends commis
sions or other expenses 90309 26
NEW YORK LIFE INSURANCE COMPANY OF NEW YORK
Alexander E Orr President
John C McCall Seymour M Ballard Secretaries
Home Office 346 Broadway New York City N Y
E J Clark Atlanta Attorney for Service in Georgia
ICAPITAL STOCK
Amount of ledger assets as per bal
ance December 31 of previous
year
424662342 37
Extended at 424662342 37
IIINCOME
5 First years premiums on original poli
cies without deduction for commis
sions or other expenses 720682424
8 Dividends applied to purchase paidup
additions and annuities 434004 65
10 Consideration for original annuities in
volving life contingencies 69457684
11 Consideration for supplementary con
tracts involving life contingencies 100981 04
12 Total new premiums 843638677
13 Renewal premiums in addition to items
14 15 and 16 without deduction for
commissions or other expenses less
15428673 for reinsurance on re
newals73158427 33
14 Dividends applied to pay renewal pre
miums 722436 10
15 Surrender values applied to pay renewal
premiums 23140 16
16 Renewal premiums for deferred annui
ties 28346 44
17 Total renewal premiums 73932350 03
18 Total premium income 82368736 80COMPTROLLERGENERALS REPORT
389
19
22
23
25
20
27
28
29
Consideration for supplementary contracts not involv
ing life contingencies
Premium notes loans or liens restored by revival of
policies
Interest on mortgage loans 129315608
Interest on collateral loans 368713 32
Interest on bonds 1145608205
Interest on premium notes policy
loans or liens 2904406 80
317453 02
6935 03
Interest on deposits
Interest on other debts due the com
pany
Discount on claims paid in advance
Rent from companys property includ
ing 26021749 for companys occu
pancy of its own buildings
350925 91
972 18
6828 64
IH7497 54
30 Total interest and rents 17498582 52
31 Profit on sale or maturity of ledger assets From
sales of real estate 2680000 from sales of securi
ties 3492925 6172925
From other sources 648742 09
35
41 Total income
100902178 71
illDISBURSEMENTS
1 For death claims less 16104309 rein
surance 2059837269 additions
92703438 2152540707
2 For matured endowments 476674429
additions 9298945 4859733 74
3 Net amount paid for losses and matured endow
ments
4 For annuities involving life contingencies
6 Surrender values paid in cash
7 Surrender values applied to pay renewal premiums
see income No 15
9 Dividends paid to policyholders in cash
10 Dividends applied to pay renewal premiums see in
come No 14
11 Dividends applied to purchase paidup additions and
annuities see income No 8
12 Total paid policyholders 4497141839
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 389401923
renewal premiums r6io3i55i on annuities
original 1620599
26385140 81
1844113 03
11883900 57
23140 16
3678683 07
722436 10
434004 65
201132 96
5520540 73390
COMPTROLLERGENERALS REPORT
16 Commuting
17
18
commissions
advanced
Salaries and allowances for agencies including mana
gers agents and clerks
Agency supervision traveling and all other agency ex
penses
19 Medical examiners fees 37643646 inspection of
risks 8337365
20 Salaries and all other compensation of officers direc
tors trustees and home office employees
21 Rent including 26021749 for companys own occu
pancy less 767303 received under sublease
22 Advertising 7828868 printing and stationery
22352784 postage 26795059
23 Legal expenses
24 Furniture fixtures and safes
25 Insurance taxes licenses and department fees
26 Taxes on real estate 15398466 taxes on mort
gages 280435
27 Repairs and expenses other than taxes on real
estate
28 Loss on sale or maturity of ledger assets Loss on
sale of real estate 553000 loss on sale of securities
301955
32 All other disbursements Paid agents under Nyhc con
tracts 52896691 telegrams cables telephone and
express 2965196 restaurant 2951283 premiums
on fidelity bonds 1558326 custody of securities
1107847 books papers and reports 660997 fees
of county clerks consuls etc 158183 live states
examination 1313461 trustees investigation 133
07628 expenses of trustees election 8936633
legislative expenses 757006 miscellaneous items
of expense 961715 doubtful debts marked off 3
10358 commissions on sale party completed of real
estate 37850 accidents and errors 14217 reduc
ing book values of real estate 2590853
283472 24
2295727 31
528689 00
459810 II
1272194 23
778913 77
569707 1 1
77600 97
22691 08
959971 02
156789 01
290477 01
35725 15
905282 44
40 Total disbursements 59330202 53
IVLEDGES ASSETS
Book value of real estate unincumbered 12750897 04
Mortgage loans on real estate first liens 35579554 4T
Loans secured by pledge of bonds 546600000
Loans made to policyholders on this companys poli
ciers assigned as collateral 53795274 47
Premium notes on policies in force 3958545 40
Book value of bonds excluding interest 34S056583 52
Deposited in trust companies and banks on interest 7538763 39
8 Cash in companys office 1642516 deposited in banks
not on interest 192004513 1936470 29
COMPTROLLERGENERALS REPORT
391
9 Branch office balances M33 7t
10 Cash in companys branch offices 8509857 cash in
transit 6569775 150796 32
11 Total ledger assets 466234318 55
NONLEDGER ASSETS
12 Interest due 91742 and accrued
20865425 on mortgages 209571 67
13 Interest due 1191290 and accrued
461243677 on bonds 4624349 67
14 Interest accrued on collateral loans
15 Interest accrued on premium notes
policy loans or liens
16 Interest accrued on other assets
17 Rents due 350525 and accrued 11
99473 on companys property or lease
55950 00
180924 00
47711 90
15499 98
18 Total interest and rents due and accrued 5134007 22
22 Gross premiums due and New Business Renewals
unreported on policies
in force December 31
1906 3080900 496230100
23 Gross deferred premiums
on policies in force De
cember 31 1906 33724800 475685200
24 Totals
25 Deduct loading 25 per
cent
368057 00 9719153 00
92014 25 2429788 25
26 Net amount of uncollect
ed and deferred premi
ums
276042 75
1364 75 7565407 50
32 Gross assets 478933733 27
DEDUCT ASSETS NOT ADMITTED
39 Book value of ledger assets over market
value viz On bonds 4364626 62
40 Branch office balances 1433 71
42 Total 43666 33
4v Total admitted assets474567672 94392
COMPTROLLERGENERALS REPORT
LIABILITIES
Net present value of all the outstand
ing policies in force on the 31st day
of December 1906 as computed by
the insurance department of the
State of New York on the actuaries
and American tables of mortality
with 3 3I and 4 per cent interest385239973 00
Same for reversionary additions 2824815 00
Same for annuities including those in
reduction of premiums 16754354 00
Total 40481915200
Deduct net value of risks of this com
pany reinsured in other solvent com
panies 176855 00
Net reserve404642287 00
2 Present value of amounts not yet due on supplemen
tary contracts not involving life contingencies com
puted by the company 2279789 10
3 Liability on policies cancelled and not included in item
t upon which a surrender value may be demanded 118685 29
5 Claims for death losses in process of
adjustment or adjusted and not due 54II7i 23
6 Claims for death losses which have
been reported and no proofs received 1852283 76
7 Claims for matured endowments due
and unpaid 21436432
Claims for death losses and other policy
claims resisted by the company 184424 20
9 Due and unpaid on annuity claims in
volving life contingencies 111786 52
re Total policy claims
11 Due and unpaid on supplementary contracts not in
volving life contingencies
12 Premiums paid in advance including surrender values
so applied
lj Unearned interest and rent paid in advance
14 Commissions due to agents on premium notes when
paid
iC Salaries rents office expenses taxes bills accounts
bonuses commissions medical and legal fees due
or accrue
20 Dividends or other profits due policyholders including
those contingent on payment of outstanding and
deferred premiums
2904030 03
135 94
176113 43
1216541 44
14955 51
152400 00
369401 31COMPTROLLERGENERALS REPORT 393
21 Dividends apportioned payable to policyholders dur
ing 1007 6037465 29
22 Amounts set apart or provisionally ascertained or cal
culated or held awaiting apportionment upon de
ferred dividend policies 34208312 00
26 Reserve or surplus funds not included in the net
reserve as herein reported or in the unassigned
funds 21817556 60
27 Consisting of additional reserve on policies which the
company voluntarily sets aside in excess of the
States requirements 709943900 war risk funds
50030800 mortality fluctuation fund 50000000
security fluctuation and general contingency fund
1371780960
33T0talliab1lites 474567672 94
Business in the State of Georgia during the year
On the basis of paidfor business only
Policies on the lives of citizens of said State
in force December 31 of previous year11839 23075916 00
Policies on the lives of citizens of said State
issued during the year 943
2115170 00
Total
Deduct ceased to be in force during the year
12782
998
Policies in force December 31 190611784
Losses and claims unpaid December 31 of previous
year
Losses and claims incurred during the year
8
145
Total IS3
Losses and claims settled during the year 147
Losses and claims unpaid December 31 1906 6
Premiums collected or secured in cash and notes or credits
without any deduction for losses dividends commis
sions or other expenses
25191086 00
1920505 00
23270581 00
25501 00
417613 64
443114 64
432494 64
10620 00
782402 4 394
COMPTROLLERGENERALS REPORT
THE NORTHWESTERN MUTUAL LIFE INSURANCE COMPANY
OF WISCONSIN
H L Palmer President A S Hathaway Secretary
Home Office Corner Broadway and Michigan Streets Milwaukee Wis
W Woods White Atlanta Attorney for Service in Georgia
icapital STOCK
2 Amount of ledger assets as per balance
December 31 of previous year201619048 42
4 Extended at 201619048 42
IIINCOME
5 First years premiums on original policies
without deduction for commissions or oth
er expenses 3559186 54
8 Dividends applied to purchase paidup addi
tions and annuities 905884 79
10 Consideration for original annuities involv
ing life contingencies 136804 55
11 Consideration for supplementary contracts
involving life contingencies 2004 x6
12 Total new premiums 4603880 04
13 Renewal premiums in addition to items 14
and 16 without deduction for commission
or other expenses 24215476 43
14 Dividends applied to pay renewal premiums 3017938 87
16 Renewal premiums for deferred annuities 2435 96
17 Total renewal premiums 27235851 26
18 Total premium income 31839731 30
19 Consideration for supplementary contracts not involving
life contingencies 175907 12
21 Premium notes loans or liens restored by revival of policies 7179 35
22 Interest on mortgage loans 4720158 63
24 Interest on bonds and dividends on stocks 3468984 17
25 Interest on premium notes policy loans or
liens 1073822 21
26 Interest on deposits 40711 22
2J Interest on other debts due the company 224911 68
28 Discount on claims paid in advance 8359 78COMPTROLLERGENERALS REPORT
895
29 Rents from companys property including
4943253 for companys occupancy of its
own buildings 3i97o6 46
30 Total interest and rents
31 Profit on sale or maturity of ledger assets Profit on sale of
real estate
35 From other sources Old debt paid
41 Total income
9856654 15
53836 73
20 00
41933328 65
IIIDISBURSEMENTS
1 For death claims 729445413 additions
19247323
2 For matured endowments 159721300 ad
ditions 6720254
7486927 36
1664415 54
Net amount paid for losses and matured endowments
For annuities involving life contingencies
Premium notes voided by lapse
Surrender values paid in cash
Dividends paid to policyholders in cash
10 Dividends applied to renewal premiums
n Dividends applied to purchase paidup additions and annu
I2 Total paid policyholders 21800230 50
13 Paid for claims on supplementary contracts not involving
life contingencies
15 Commissions and bonuses to agents less commission on re
insurance first years premiums 152389662 renewal
premiums 199868254 on annuities original 38083
renewal 4872
Salaries and allowances for agencies including managers
agents and clerks
18 Agency supervisor travelini
19 Medical examiners fees 17504022
2356022
20 Salaries and all other compensation
trustees and home office employees
21 Rent for companys occupancy oi
22 Advertising 820754 printing and stationery 5684025
postage 10061699
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 Loss on real
estate loan 50000 loss on sale of bonds 8605
17
and all other agency expenses
inspection of risks
of officers directors
f its own buildings
9151342 00
62542 95
7700 32
5212218 97
3442601 70
3017938 87
905884 79
110147 09
3523008 71
11999 95
16883 39
198600 44
589637 02
49432 53
165664 78
22060 10
7154 56
727621 83
53265 84
155421 65
586 05396
COMPTROLLERGENERALS REPORT
32 All other disbursements Loan expenses 15959062 loss
expenses 56524 traveling expenses 52046 legislative
expenses 293840 freight and express 974833 ex
change 928326 expense incurred by reason of Wiscon
sin legislative investigating committee 363889 expense
incurred in proceedings before Wisconsin Tax Commis
sion 59838 adjustment of real estate values 2128199
claim erroneously paid 28600 suit lost penalty for con
testing claim 24000 paidon fraudulent claim 20874
agents balance 105921
209959 52
40 Total disbursements 27641673 96
IVLEDGER ASSETS
1 Book value of real estate unincumbered 2728830 43
2 Mortgage loans on real estate first liens 110923055 31
4 Loans made to policyholders on this companys policies as
signed as collateral 21868045 00
5 Premium notes on policies in force 301408 87
6 Book value of bonds excluding interest 77300504 45
7 Deposited in banks on interest 2678600 55
8 Cash in companys office
110258 50
11 Total ledger assets 215910703 11
NONLEDGER ASSETS
12 Interest due 1221854 ad accrued 1457
79709 on mortgages 1470015 63
13 Interest accrued on bonds 954141 20
15 Interest due 13473206 and accrued 548
33307 on premium notes policy loans or
liens 683065
17 Rents due 15100 and accrued 2046500 on
companys property or lease 20616 00
18 Total interest and rents due and accrued 3127838 46
22 Gross premiums due and unre
ported on policies in force T
K New Business Renewals
December 31 1906 16171 00 1151205 00
22 Gross deferred premiums on
policies in force December
31 1906 192570 00 1562943 00
24 Totals
25 Deduct loading
208741 00 2714148 00
45923 02 597H2 56
26 Net amount of uncollected and
deferred premiums 162817 98 2117035 44 2279853 42
32 Gross assets 221318394 09COMPTROLLERGENERALS REPORT
397
DEDUCT ASSETS NOT ADMITTED
39 Book value of ledger assets over market value viz Bonds 216680 95
43 Total admitted assets 22110171404
VLIABILITIES
1 Net present value of all the outstanding policies in force on
the 31st day of December 1906 as computed by the com
pany on the actuaries and American tables of mortality
with 4 and 3 per cent interest respectivelyi7943528o 00
Same for reversionary additions S52988i 00
Same for annuities including those in reduction of pre
N 738963 OO
miums
2 Present value of amounts not yet due on supplementary
contracts not involving life contingencies computed by
the company 107832282
4 Claims for death losses due and unpaid 60555 00
5 Claims for death losses in process of adjust
ment or adjusted and not due 267919 80
6 Claims for death losses which have been re
ported and 110 proofs received 227797 87
7 Claims for matured endowments due and
unpaid 50553 96
8 Claims for death losses and other policy
claims resisted by the company 59020
9 Due and unpaid on annuity claims involving
life contingencies 225398
10 Total policy claims 668100 6l
11 Due and unpaid on supplementary contracts not involving
life contingencies 338o 00
12 Premiums paid in advance including surrender values so
1 S3800 00
applied 30
16 Salaries rents office expenses taxes bills accounts bo
nuses commissions medical and legal fees due or ac
j 110010 6r
crued
20 Dividends or other profits due policyholders including those
contingent on payment of outstanding and deferred pre
531900 46
nnums jj y
21 Dividends apportioned payable to policyholders during 1907 3032312 00
22 Amounts set apart or provisionally ascertained or calcu
lated or held awaiting apportionment upon deferred divi
dend policies Tontine surplus payable to policyholders
subsequent to 1907 as the periods of participation mature
10year period 13798700 15year period 152582900
20year period 1906968500 20733501 00
32 Unassigned funds surplus 9186262 54
33 Total liabilities 22110171404398 COMPTROLLERGENERALS REPORT
Business in the State of Georgia During the year
No Amount
Policies on the lives of citizens of said State in force
December 31 of previous year 6766 15008680 00
Policies on the lives of citizens of said State reported
during the year 705 1906300 00
Total 7471 16914980 00
Deduct ceased to be in force during the year including
removals from the State 326 714022 00
Policies in force December 31 7145 16200958 00
Losses and claims unpaid December 31 of previous
year 3 14000 00
Losses and claims incurred during year 77 243814 00
Total 80 257814 00
Losses and claims settled during the year 79 227814 00
Losses and claims unpaid December 31 I 30000 00
Premiums collected or secured in cash and notes or credits not
including premiums paid by nonresidents without any de
duction for losses dividends commissions or oilier expenses 545304 45
OLD COLONY LIFE INSURANCE COMPANY Ob ILLINOIS
John II Morse President Harry Austin Secretary
Principal Office 230 Old Colony Building Chicago 111
Henry T Bartow Savannah Attorney for Service in Georgia
1CAPITAL STOCK
1 Amount of capital stock paid up in cash 100000 00
Extended at 100000 00
irINCOME DURING Y1K 1901
1 Cash received for premiums on new policies
without deductions for commissions or
other expenses 881 94
6 Deduct amount of premiums paid to other
companies for reinsurance on policies in
this company new business 2342
7 Total premium income 858 52COMPTROLLERGENERALS REPORT
399
8 Cash received for interest on mortgage loans 952 75
19 From all other sources viz Surplus 2800000 interest on
hank deposit 6279 28062 79
Total income
IIIDISBURSEMENTS FOR THE YEAR 1906
17 Cash paid for commissions and bonuses to agents less
commissions on reinsurance new policies
20 Cash paid for salaries and all other compensation of officers
and other home office employees
26 Cash paid for furniture fixtures and safes for home and
agency offices
27 Cash paid advertising 100000 printing 206277
28 Cash paid for legal expenses
29 Cash paid for the following items viz Heat telegraph and
telephone postage traveling expenses office rent clerk
hire light premium and discount and stock commission
1830027 stocks and bonds 10030000
30 Total disbursements
IVASSETS AS PER LEDGER ACCOUNTS
2 Loans on mortgage first liens on real estate
6 Cost value of bonds and stocks owned excluding accrued
interest at time of purchase
8 Cash deposited in banks
9 Bills receivable
29874 06
588 17
351 50
1500 00
3062 yy
800 00
118600 27
124902 71
75300 00
25000 00
437i 35
600 00
13 Total net or ledger assets
105271 35
OTHER ASSETS
21 Market value of bonds and stocks over cost
27 Furniture fixtures and safes 150000 stationery and sup
plies 206277
28 Total assets
ITEMS NOT ADMITTED
2 Furniture fixtures and safes
7 Bills receivable
8 Supplies printed matter and stationery
1500 00
600 00
2062 yy
Total
9 Total assets less items not admitted
734 55
3562 yy
109568 67
4162 77
105405 90400 COMPTROLLERGENERALS REPORT
VLIABILITIES
17 Capital stock and mortuary fund 100270 35
18 Gross surplus 5135 5
19 Total liabilities 105405 85
PACIFIC MUTUAL LIFE INSURANCE COMPANY OF CALIFORNIA
George I Cochran President J Newton Russell Jr Secretary
Principal Office Los Angeles California
A C Harmon Savannah 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 755649 7
Increase of capital during 1906 50000000
premiums paid on same 43000000 930000 00
Extended at 8486490 70
IIINCOME DURING YEAR I906
1 Cash received for premiums on new policies
without deductions for commissions or
other expenses 726971 20
ii Cash received for renewal premiums with
out deductions for commissions or other
expenses 2701792 85
2 Premium notes loans or liens taken in part
payment for premiums on new policies
24 Premium notes loans or liens taken in part
payment for renewal premiums
3 From dividends applied to pay running pre
miums
3i From dividends applied to purchase paidup
additions and annuities
4 From surrender values applied to pay run
ning premiums
44 From surrender values applied to purchase
paidup insurance and annuities
5 Consideration for annuities other than ma
tured installment policies
Total 3753068 42
58089
90510 18
49786 57
143626 33
29359 96
629 24
9811 20
COMPTROLLERGENERALS REPORT
401
6 Deduct amount of premiums paid to other
companies for reinsurance on policies in
this company new business 259700 re
newals 2181913
24416 13
7 Total premium income p
8 Cash received for interest on mortgage loans
9 Cash received for interest on bonds owned and dividends on
Cash received for interest on premium notes loans or liens
Cash received for interest on other debts due the company
Cash received as discount on claims paid in advance
Cash received for rents for use of companys property in
cluding 2357500 for companys own occupancy
Cash received for profits on sale of bonds and stocks 115
28249 all other 1796172
Ledger assets other than premiums received from other
companies for assuming or reinsuring their risks
Consideration for supplementary contracts not involving life
contingencies
Premium notes loans or liens restored by revival of policies
From all other sources viz Accident department income
10
11
12
13
Mr
15
16
Total income
3728652 29
84949 39
226340 12
76211 52
52535 97
75 00
58083 17
133244 21
2139002 58
7440 00
7708 83
604768 84
7117011 92
HIDISBURSEMENTS FOR THE YEAR 1906
1 Cash paid for death claims including rever
sionary additions 757563 85
2 Premium notes loans or liens used in pay
ment of the same I343 70
1 Cash paid for matured endowments and ad
65085 00
ditions thereto u
5 Cash paid for sums falling due during the
year on installment policies 2513 00
Total 844505 55
6 Deduct amount received from other compa
nies for losses or claims on policies of this
company reinsured 536 00
7 Total net amount actually paid for losses and matured en
dowments
8 Cash paid to annuitants
9 Premium notes loans or liens used in purchase of surren
dered policies 2932895 voided by lapse 11574960
pi Premium notes loans or liens used in payment of dividends
to policyholders
10 Cash dividends paid policyholders
26 in
839469 55
10639 65
145078 55
46 22
52586 99402
COMPTROLLERGENERALS REPORT
11 Cash dividends applied to pay running premiums
12 Cash dividends applied to purchase paidup additions and
annuities
13 Surrender values paid in cash
14 Surrender values applied to pay running premiums
15 Surrender values applied to purchase paidup insurance and
annuities
Total paid policyholders146948412
16 Cash paid stockholders for interest or dividends
17
Cash paid for commissions and bonuses to agents less
commission on reinsurance new policies 48029915
renewals 18935484 on annuities original 39244
18 Cash paid for salaries and allowances to managers and
agents and all other agency expenses
19 Cash paid for medical examiners fees 579715 inspection
of risks 795132
20 Cash paid for salaries and all other compensation of officers
and other home office employees
21 Cash paid for taxes on new premiums 958985 on renew
als 2436640
Cash paid on investments
Cash paid for insurance department fees and agents li
censes
24 Cash paid for rent including 2357500 companys own oc
cupancy
26 Cash paid for furniture fixtures and safes f if home offices
27 Cash paid for advertising 748699 priming 3578696
postage 1096490
28 Cash paid for real estate expenses other than taxes 25
00533 for legal expenses 1963795
zg Cash paid for the following items viz Loss on sale or ma
turity of ledger assets 7996572 premium of reinsur
ance 33000000 accident department disbursements
54329178 miscellaneous 4348354
22
23
49786 57
143626 33
198261 06
29359 96
629 24
62500 00
670046 43
126597 01
65922 82
156034 61
33956 25
11293 77
io390 26
44703 9i
444548
54238 85
44643 2H
996741 04
3750997 83
30 Total disbursements
VASSETS AS PER LEDGER ACCOUNTS
i Cost value of real estate exclusive of all incumbrances 981208 04
2 Loans on mortgage first liens on real estate 2845180 83
21 Warrants reclamations district 487 Sacramento county
California 27792 97
3 Loans secured by pledge of bonds stocks or other market
able collaterals 326900 00
4 Loans made in cash to policyholders on this companys pol
icies assigned as collateral 598138 84
5 Premium notes loans or liens on policies in force of which
58089 was received during the year 1129261 21
6 Cost value of bonds and stocks owned excluding accrued
interest at time of purchase 537436 73COMPTROLLERGENERALS REPORT
403
7 Cash in companys office
8 Cash deposited in banks
9 Bills receivable
10 Furniture fixtures and safes
13 Total net or ledger assets
142211 67
369130 41
1923 54
56720 55
11852504 79
OTHER ASSETS
14 Interest due 569296 and accrued 25
28761 on mortgages
15 Interest accrued on bonds and stocks
16 Interest accrued on collateral loans
17 Interest due 314164 and accrued 4116
78 on premiums notes loans or liens
18 Interest accrued on other assets
19 Rents due on companys property or lease
20
21
23
Total carried out
Market value of real estate over cost
Market value of bonds and stocks over cost
Gross premiums due and unre New Business
ported on policies in force
December 31 1906
24 Gross deferred premiums on
policies in force December
31 1906
156025 42
18758 57
30980 57
80072 60
i798 93
7258 42
1646 75
200 00
Renewals
224277 04
266162 46
Totals 174783 99 490439 50
25 Deducting loading 104870 39 61304 94
26 Net amount of uncollected and
deferred premiums 69913 60
27 Separate nonledger assets of accident department
429134 56
121957 27
139089 83
118459 26
28 Total assets
499048 16
170025 46
12901084 77
ITEMS NOT ADMITTED
2 Furniture fixtures and safes
7 Bills receivable
8 Premium notes and loans on policies and net
premiums in item 26 in excess of the net
value of their policies
Total
9 Total assets less items not admitted
56720 55
1923 54
120877 00
179521 09
12721563 68404
COMPTROLLERGENERALS REPORT
VLIABILITIES
I Net present value of all the outstanding poli
cies in force on the 31st day of December
1906 computed according to the actuaries
table cf mortality with 4 per cent interest
and American table of mortality with 3J
per cent interest 10793440 26
Deduct net value of risks of this company
reinsured in other solvent companies 90652 15
Net reinsurance reserve 10702788 11
5 Claims for death losses and matured endow
ments in process of adjustment or adjusted
and not due 22730 42
5A Claims for death losses reported and no
proofs received 72I3 47
6 Claims for death losses and other policy
claims resisted by the company 20516 50
8 Present value of unpaid amounts on ma
tured installment policies 6215 62
Total policy claims 119676 01
10 Interest paid in advance on policy leans 12050 40
II Commissions due agents on premium notes when paid 1683 88
12 Commisipns due and accrued on conservative life contracts 19480 20
13 Amount due on account of salaries rents and office ex
penses 22493 86
16 Amount of any other liability of the company viz Pre
miums paid in advance 589975 accident department
liabilities 33148967 337389 42
17 Capital stock 1000000 00
18 Gross surplus 506001 80
19 Total liabilities 12721563 68
Business in the State of Georgia During the year
No Amount
Number and amount of policies on the lives of citizens
of Georgia in force December 31 of previous year 668 1083686 00
Number and amount of policies on the lives of citizens
of Georgia issued during the year 241 467558 00
Total 909 155124400
Deduct number and amount which have ceased to be in
force during the year 133 207843 00
Total number and amount of policies in force in
Georgia December 31 1906 776 1343401 00COMPTROLLERGENERALS REPORT
Amount of losses and claims on policies in Georgia
unpaid December 31 of previous year I
Amount of losses and claims on policies in Georgia
incurred during the year
Total 9
Amount of losses and claims on policies in Georgia
paid during the year
Amount of premiums collected or secured in Georgia during
the year in cash and notes or credits without any deduction
for losses dividends commissions or other expenses
405
1000 00
11161 00
12161 00
7116 00
30496 19
PHILADELPHIA LIFE INSURANCE COMPANY OP
PENNSYLVANIA
Andrew J Maloney President William H Hubbard Secretary
Principal Office Philadelphia Pa
ICAPITAL STOCK
Amount of net or ledger assets December 31
of previous year 25113 68
Increase of capital during 1906 520780 00
Extended at 545893 68
II INCOME DURING YEAR 1906
I Cash received for premiums on new policies
without deductions for commissions or
other expenses 563426 18
ii Cash received for renewal premiums with
out deductions for commissions or other
expenses 25377 45
2i Premium notes loans or liens taken in part
payment for renewal premiums 3788 22
Total 595591 85
6 Deduct amount of premiums paid to other
companies for reinsurance on policies in
this company new business 7978 50
7 Total premium income 587613 35
O Cash received for interest on bonds owned and dividends
onstock 45536
II Cash received for interest on other debts due the company 10358 99406 COMPTROLLERGENERALS REPORT
19 From all other sources viz Premium on capital stock
23950150 on account capital stock not yet issued 1
96170 premiums paid in advance 22736 increase
agents credit balances 358706 245277 62
Total income 843705 32
IIIDISBURSEMENTS FOR THE YEAR 1906
i Cash paid for death claims including reversionary additions 26053 00
17 Cash paid for commissions and bonuses to agents less com
mission on reinsurance new policies 42211225 renew
als 212845 L440 70
19 Cash paid for medical examiners fees 2300150 inspection
of risks 98229 23983 79
20 Cash paid for salaries and all other compensation of officers
and other home office employees 353o8 87
23 Cash paid for insurance department fees and agents li
censes 3373 59
24 Cash paid for rent companys occupancy 3439 97
26 Cash paid for furniture fixtures and safes for home and
agency offices 2698 21
27 Cash paid for printing 447 68
28 Cash paid for legal expenses 1578 00
29 Cash paid for the following items viz Office expenses 1
72179 postage 54566 2267 45
Miscellaneous expenses 501308 26
30 Total disbursements 527361 26
IVASSETS AS PER LEDGER ACCOUNTS
3 Loans secured by pledge of bonds stocks or other market
able collaterals 170000 00
5 Premium notes loans or liens on policies in force received
during the year 3788 22
6 Cost value of bonds and stocks owned excluding accrued
interest at time of purchase 636317 60
7 Cash in companys office 2402 48
8 Cash deposited in banks 33997 14
9 Bills receivable 2920 00
10 Agents ledger balances advanced during the year 12812 30
11 Total net or ledger assets 862237 74
OTHER ASSETS
15 Interest accrued on bonds and stocks 6676 47
17 Interest accrued on premiums notes loans
or liens 10 01
Total carried out 6686 48
COMPTROLLERGENERALS REPORT
21 Market value of bonds and stocks over cost
23 Gross premiums due and unre New Business Renewals
ported on policies in force
December 31 1906 32939 88
24 Gross deferred premiums on
policies in force December
31 1906 1023 96 2108 68
Totals
25 Deducting loading 70 per cent
on new and 15 per cent
on renewals
1023 96 35048 56
716 77 5357 28
26 Net amount of uncollected and
deferred premiums 307 19 29791 28
28 Total assets
ITEMS NOT ADMITTED
7 Bills receivable
9 Total assets less items not admitted
VINABILITIES
1 Net present value of all outstanding policies
in force on the 31st day of December
1906 computed according to the American
experience table of mortality with 3J per
cent interest 124617 00
Deduct net value of risks of this company
reinsured in other solvent companies 3646 00
Net reinsurance reserve
2 Premium notes or loans on policies and
other obligations in excess of the net value
of their policies 381 00
5 Claims for death losses and matured endow
ment in process of adjustment and not due 3000 00
Total policy claims
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 52446 commissions due agents
on premium notes when due 28452 on account capital
stock not yet issued 196170 agents credit balances
358706
17 Liabilities on policyholders account
407
5n9 63
30098 47
904142 32
2920 00
901222 32
120971 00
3381 00
1224 77
6357 34
I3L934 11408 COMPTROLLERGENERALS REPORT
18 Gross surplus on policyholders account 769288 21
19 Total liabilities 90122232
Business in the State of Georgia During the year
No Amount
Number and amount of policies on the fives of citizens
of Georgia issued during the year 18 60000 00
Deduct number and amount which have ceased to be in
force during the year
Total number and amount of policies in force in
Georgia December 31 1906 7 55000 00
Amount of premiums collected or secured in Georgia during
the year in cash without any deduction for losses dividends
commissions or other expenses 66r 03
PENN MUTUAL LIFE INSURANCE COMPANY
George K Johnson President John Humphreys Secretary and Treas
Home Office 921 923 and 925 Chestnut Street Philadelphia Pa
Henry C Bagley Atlanta Attorney for Service in Georgia
ICAPITAL STOCK
2 Amount of ledger assets as per balance
December 31 of previous year 72880567 51
Extended at 72880567 51
IIINCOME
5 First years premiums on original policies
without deduction for commission or other
expenses less 1844131 for first years re
insurance 196026437
6 Surrender values applied to pay first years
premiums I50O 38
7 Total first years premiums on original poli
cies 1961764 75
8 Dividends applied to purchase paidup addi
tions and annuities 1 4677
9 Surrender values applied to purchase paidup
insurance and annuities JJ348S 00
10 Consideration for original annuities involv
ing life contingencies 4p538 17
ii Consideration for supplementary contracts
involving life contingencies 599 49
12 Total new premiums 2795567 41H
COMPTROLLERGENERALS REPORT
109
13 Renewal premiums in addition to items 14
15 and 16 without deduction for commis
sions or other expenses less 5850045 for
reinsurance on renewals 11657680 46
14 Dividends applied to pay renewal premiums 924118 97
15 Surrender values applied to pay renewal pre
miums 20263 I2
16 Renewal premiums for deferred annuities 79T3 8
17 Total renewal premiums 12609975 63
18 Total premium income IS405543 04
19 Consideration for supplementary contracts not involving life
contingencies 295060 35
21 Premium notes loans or liens restored by revival of poli
cies 3453 y
22 Interest on mortgage loans 1479383 S1
23 Interest on collateral loans I49S9 6
24 Interest on bonds and dividends on stocks 1475720 27
25 Interest on premium notes policy loans or
liens 503I98 00
26 Interest on deposits 13072 00
27 Interest on other debts due the company 14646 26
29 Rent from companys property 172613 l3
30 Total interests and rents 3807792 23
31 Profit on sale or maturity of ledger assets Bonds and
stocks 2966911 real estate 4022989 69899 00
35 From other sources Bonuses on mortgages 489877 sus
pended bank dividend 29427 agents balance recovered
etc 51000 5703 04
41 Total income I958745i 56
IIIDISBURSEMENTS
1 For death claims less 1000000 reinsur
ance 361014304 additions 3926600 3649409 04
2 For matured endowments 128361424 ad
ditions 5031300 1333927 24
9
10
Net amount paid for losses and matured endowments
For annuities involving life contingencies
Premium notes voided by lapse
Surrender values paid in cash
Surrender values applied to pay new premiums 150038
to pay renewal premiums 2026312
Surrender values applied to purchase paidup insurance and
annuities
Dividends paid to policyholders in cash
Dividends applied to pay renewal premiums
4983336 28
243639 83
46304 88
1165720 12
21763 50
223488 00
209685 83
924118 97410
COMPTROLLERGENERALS REPORT
11 Dividends applied to purchase paidup additions and an
nuities
12 Total paid policyholders 793273441
13 Paid for claims on supplementary contracts not involving
life contingencies
15 Commissions and bonuses to agents less commission on
reinsurance first years premiums 106013650 renew
al premiums 79004900 on annuities original 25
57194 renewal 42580
16 Commuting renewal commissions
17 Salaries and allowances for agencies including managers
agents and clerks
18 Agency supervision traveling and all other agency expenses
19 Medical examiners fees 11827995 inspection of risks
1580469
20 Salaries and all other compensation of officers directors
trustees and home office employees
21 Rent for companys property
22 Advertising 3081295 printing and stationery 3037441
postage 3476472
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 Real estate 19
25831 bond premiums 2896500 deductions from real
estate and bond valuations etc 2737873
33 Home office expenses
114677 OO
I34S4I 70
1876183 24
65000 00
54536 31
35389 51
134084 64
316828 34
54491 43
95952 08
19253 07
7104 98
431582 05
39246 96
108573 5
75602 04
66638 02
40 Total disbursements 1
44774 03
IVLEDGER ASSETS
1 Book value of real estate unincumbered
2 Mortgage loans on real estate first liens
3 Loans secured by pledge of bonds stocks or other collat
eral
4 Loans made to policyholders on this companys policies as
signed as collateral
5 Premium notes on policies in force of which 467764 is for
first years premiums
6 Book value of bonds excluding interest 3294235625
stocks 40282612
7 Deposited in trust companies and banks on interest
8 Cash in companys office
9 Bills receivable 34944728 agents balances 1062424
10 Temporary notes for premiums
2261564 01
32762445 62
2622860 00
7901952 00
1300517 91
33345182 37
285677 67
489033
360071 52
85115 61
II Total ledger assets 81020277 04COMPTROLLERGENERALS REPORT
411
NONLEDGER ASSETS
12 Interest due 67500 and accrued 505586
29 on mortgages
13 Interest accrued on bonds
14 Interest accrued on collateral loans
16 Interest accrued on other assets
17 Rents due 155662 and accrued 602328
on companys property or lease
506261 29
494650 92
8188 02
4386 72
7579 90
18 Total interest and rents due and accrued 1021066 85
20 Market value of bonds and stocks over book value 8475 75
22 Gross premiums due and llll New Business Renewals
reported on policies in force
December 31 1906
23 Gross deferred premiums on
policies in force December
31 1906
102468 99 967591 50
82093 67 929448 87
24 Totals 184562 66 1897040 37
25 Deduct loading 36912 53 379408 07
26 Net amount of uncollected and
deferred premiums 14765013 151763230 166528243
27 All other assets Net unreported annuities 34969 I secured
profits on real estate under contracts of sale 150000 1849 69
32 Gross assets 83716951 76
DEDUCT ASSETS NOT ADMITTED
35 Agents debit balances 10624 24
36 Cash advanced to or in the hands of agents 349447 28
42 Total
43 Total admitted assets
360071 52
83356880 24
VLIABILITIES
Net present value of all the outstanding poli
cies in force on the 31st day of December
1906 as computed by the Pennsylvania in
surance department on the actuaries table
of mortality with 4 per cent interest and
the 3 and 3J per cent American tables 65391564 00
Same for reversionary additions 1031868 00
Same for annuities including those in re
duction of premiums 2298871 00
Total 68722303 00412 COMPTROLLERGENERALS REPORT
Deduct net value of risks of this company
reinsured in other solvent companies 120318 00
Net reserve 68601985 00
2 Present value of amounts not yet due on supplementary
contracts not involving life contingencies computed by
the companys actuary 1532399 00
5 Claims for death losses in process of adjust
ment or adjusted and not due 379159 19
Matured credits awaiting proof 30278 00
8 Claims for death losses and other policy
claims resisted by the company 32129 00
10 Total policy claims 441566 19
12 Premiums paid in advance including surrender values so
applied 48804 0 r
13 Unearned interest and rent paid in advance 2 15053 TJ
14 Commissions due to agents on premium notes when paid 22014 2
16 Salaries rents office expenses taxes bills accounts bo
nuses commissions medical and legal fees due or accrued 1469 50
20 Dividends or other profits due policyholders including those
contingent on payment of outstanding and deferred pre
miums 188334 39
21 Dividends apportioned payable to policyholders during 1907 146403 65
23 Accumulated surplus fund 3799367 29
24 Life rate endowment and five year option fund 1149126 1 5
25 Four and six per cent bond fund 499781 19
27 Special three and a half per cent reserve 1079079 00
30 Other liabilities Trust deposits 6068 00
32 Unassigned funds surplus 5582278 86
33 Total liabilities 83356880 24
Business in the Stale of Georgia During the year
r No Amount
Policies on the lives of citizens of said State in force
December 31 of previous year12672 23117378 00
Policies on the lives of citizens of said State issued
during the year 2832 5076132 00
Total 15504 28193510 co
Deduct ceased to be in force during the year 1796 3622874 00
Policies in force December 3113708 24570636 00
Losses and claims unpaid December 31 of previous year 15 1728569
Losses and claims incurred during the year 116 223341 00
Total 13 240626 69
Losses and claims settled during the year 123 230465 99
COMPTROLLERGENERALS REPORT 413
Losses and claims unpaid December 31 8 10160 70
Premiums collected or secured in cash and notes or credits
without any deduction for losses dividends commissions or
other expenses 804896 26
PHCENIX MUTUAL LIFE INSURANCE COMPANY OP CON
NECTICUT
John M Holcombe President Silas H Cornwell Secretary
Home Office 49 Pearl Street Hartford Conn
Chas S Northen Atlanta Attorney for Service in Georgia
ICAPITAL STOCK
2 Amount of ledger assets as per bal
ance December 31 1905 1948623906
4 Extended at 19486239 06
11INCOME
5 First years premiums on original
policies without deduction for com
missions or other expenses less 11
94594 for first years reinsurance 593510 63
6 Surrender values applied to pay first
years premiums 1018 08
7 Total first years premiums on original
policies 59452871
8 Dividends applied to purchase paid up
additions and annuities 99697 44
9 Surrender values applied to purchase
paid up insurance and annuities 78061 00
10 Consideration for original annuities in
volving life contingencies 3084 75
12 Total new premiums 77537 90
13 Renewal premiums in addition to items
14 and 15 without deduction for
commissions or other expenses less
2723735 for reinsurance on re
newals 2789872 83
14 Dividends applied to pay renewal pre
miums 247897 49
15 Surrender values applied to pay re
newal premiums 6335 23
17 Total renewal premiums 3044105 55
18 Total premium income 3819477 45414
COMPTROLLERGENERALS REPORT
22 Interest on mortgage loans
24 Interest on bonds and dividends on
stocks
25 Interest on premium notes policy loans
or liens
26 Interest on deposits
27 Interest on other debts due the com
pany
2 Discount on claims paid in advance
29 Rent from companys property includ
ing 1000000 for companys occu
pancy of its own building
635540 36
236740 77
97422 05
9709 45
354 82
452 86
36259 55
30 Total interest and rents 1016479 86
31 Profit on sale or maturity of ledger assets Gains on
sale of real estate 1145 44
35 From other sources Guarantee of mortgage loans 194 55
41 Total income 484761030
IIIDISBURSEMENTS
1 For death claims 102340750 ad
ditions 897800 103238550
2 For matured endowments 23028250
additions 1006700 240349 50
9
10
II
12
13
IS
16
17
18
Net amount paid for losses and matured endowments
For annuities involving life contingencies
Premium notes voided by lapse
Surrender values paid in cash
Surrender values applied to pay new premiums 1
01808 to pay renewal premiums 633523
Surrender values applied to purchase paidup insurance
and annuities
Dividends paid to policyholders in cash
Dividends applied to pay renewal premiums
Dividends applied to purchase paid up additions and
annuities
Total paid policyholders 199392947
Paid for claims on supplementary contracts not in
volving life contingencies
Commissions and bonuses to agents less commission
on reinsurance first years premiums 33714725
renewal premiums 17738802 on annuities orig
inal 15049
Commuted renewal commissions
Salaries and allowances for agencies including man
agers agents and clerks
Agency supervision traveling and all other agency
expenses
1272735 00
11360 54
2433 00
266534 54
7353 31
78061 00
7857 15
247897 49
99697 44
8666 67
5U685 76
56394 34
92891 10
41973 97COMPTROLLERGENERALS REPORT
415
19 Medical examiners fees 4305430 inspection of risks
588322 48937 52
20 Salaries and all other compensation of officers direc
tors trustees and home office employees 10283759
21 Rent including 1000000 for companys occupancy of
its own buildings 34437 95
22 Advertising 861870 printing and stationery 34
35611 postage 1728749 6026230
23 Legal expenses 3972 87
24 Furniture fixtures and safes 11244 I2
25 Insurance taxes licenses and department fees 102722 52
26 Taxes on real estate 5o67 95
27 Repairs and expenses other than taxes on real estate 12386 31
28 Loss on sale or maturity of ledger assets Premiums
on bonds paid off 850 00
32 All other disbursements Exchange 17295 miscel
laneous expenses 758593 agents ledger balances
charged off 141609 9174 97
40 Total disbursements 3ioo435 41
IVLEDGER ASSETS
1 Book value of real estate unincumbered 56o347 27
2 Mortgage loans on real estate 13052404 5t
4 Loans made to policyholders on this companys poli
cies assigned as collateral 1562609 00
5 Premium notes on policies in force i74T9 44
8 Book value of bonds excluding interest 5069
60286 and stocks 34108100 5410683 86
7 Deposited in trust companies and banks on interest 472940 64
8 Cash in companys office 409 23
II Total ledger assets 21233413 95
NONLEDGER ASSETS
12 Interest due 831827 and accrued 24285700 on
mortgages
13 Interest accrued on bonds
15 Interest due on premium notes policy loans or hens
20 Market value not including interest in item 13 of
bonds and stocks over book value
22 Gross premiums due and New Business Renewals
unreported on policies
in force December 31
too6 53043 98 14638424
251175 27
37600 29
3350 38
120195 14416
COMPTROLLERGENERALS REPORT
23 Gross deferred premiums
on policies in force
December 31 1906 29242 28 184662 19
24 Totals 8228626 33104643
25 Deduct loading 17985 33 7159 59
26 Net amount of uncollect
ed and deferred premi
ums 6430093 25945584 323756 77
32 Gross assets 2196949180
DEDUCT ASSETS NOT ADMITTED
38 Premium notes and loans on policies and net premiums
in item 26 in excess of the net value of their
policies
7100 15
43 Total admitted assets 21962391 65
VLIABILITIES
I Net present value of all the outstand
ing policies in force on the 31st day
of December 1906 as computed by
the company on the actuaries table
of mortality with 4 per cent interest 20189782 00
Same for reversionary additions 566947
Same for annuities including those in
reduction of premiums 100234 00
Total 2085696300
Deduct net value of risks of this com
pany reinsured in other solvent com
panies I28257 00
Net reserve 2072870600
2 Present value of amounts not yet due on supple
mentary contracts not involving life contingencies
computed by the company 2664 00
3 Liability oh policies cancelled and not included in
item 1 upon which a surrender value may be de
18990 00
manded
5 Claims for death losses in process of
adjustment or adjusted and not due 24175 00
6 Claims for death losses which have been
reported and no proofs received 2900500
10 Total policy claims 53i8o 00COMPTROLLERGENERALS REPORT 417
12 Premiums paid in advance including surrender values
so applied IO025 00
13 Unearned interest and rent 47433
IS Cost of collection and dividends on uncollected and
deferred premiums in excess of the loading thereon 10625 00
20 Dividends or other profits due policyholders including
those contingent on payment of outstanding and de
ferred premiums 1074i
21 Dividends apportioned payable to policyholders dur
3S6iS 00
mg 1907 D
26 Reserve or surplus funds not included in the net
reserve as herein reported or in the unassigned
fund per item 32 Reserve for paid up option iooco 00
32 Unassigned funds surplus 1010436 65
34 Total liabilities 2196239 65
Business in the State of Georgia During the year
No Amount
Policies on the lives of citizens of said State
in force December 31 of previous year 914 184173701
Policies on the lives of citizens of said State
issued during the year 43 277370 00
Total i0S7 219910700
Deduct ceased to be in force during the year 136 265140 00
Policies in force December 31 1906 921 1853967 00
Losses and claims incurred during the year 14 4017000
Losses and claims settled during the year13 37l7
Losses and claims unpaid December 31 1906 I 3ooo 00
Premiums collected or secured in cash and notes or credits
without any deduction for losses dividends commissions
or other expenses SSX 7 2
27 in418
COMPTROLLERGENERALS REPORT
PROVIDENT SAVINGS LIFE ASSURANCE SOCIETY OF NEW
YORK
Timothy L Woodruff President John H Vrooman Secretary
Principal Office 346 Broadway New York City N Y
J R Nutting Atlanta Attorney for Service in Georgia
ICAPITAL STOCK
I Amount of capital stock
paid up in cash 100000 00
Amount of net or ledger assets Decem
ber 31 of previous year 7989720 19
Extended at 7989720 19
IIINCOME DURING YEAR 1906
1 Cash received for premiums on new
policies without deductions for com
missions or other expenses
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
policies
2i Premium notes loans or liens taken
in part payment for renewal premi
ums
3 From dividends applied to pay run
ning premiums
4 From surrender values applied to pur
chase paid up insurance and an
nuities
453003 79
2908167 99
I J 22i 22
81770 92
34985 30
43403 26
Total 3535556 48
6 Deduct amount of premiums paid to
other companies for reinsurance on
policies in this company new busi
ness 235775 renewals 653529 889304
3526663 44
26254 03
7 Total premium income
8 Cash received for interest on mortgage loans
9 Cash received for interest on bonds owned and
dividends on stock 4675588
10 Cash received for interest on premium notes loans or
liens
i Ca 1 received for interest on other debts due the com
pany
151567 70
6872 10COMPTROLLERGENERALS REPORT
419
13 Cash received for rents for use of companys property
including 120000 for companys own occupancy 378942 60
14 Cash received for profits on sales 373 5
17 Premium notes loans or liens restored by revival of
policies 678 54
19 From all other sources viz Consideration for sup
plementary contracts 1342400 legal expenses and
interest returned in Whayne case 1966955 receiv
ed from National Life Association Canada 56
800co Timothy L Woodruff in re capital stock
26806667 357960 22
Total income 4496068 07
IIIDISBURSEMENTS FOR THE YEAR 1906
1 Cash paid for death claims including
reversionary additions 1634658 68
2 Premium notes loans or liens used in
payment of the same 72958 57
3 Cash paid for matured endowments
and additions thereto 24000 00
5 Cash paid for sums falling due during
the year on installment policies 4600 00
Total 1736217 25
6 Deduct amount received from other
companies for losses or claims on
policies of this company reinsured 24986 64
7 Total net amount actually paid for losses and matured
endowments I7H330 61
8 Cash paid to annuitants 15376 57
9 Premium notes loans or liens used in purchase of
surrendered policies 23874812 voided by lapse
1630875 25505687
10 Cash dividends paid polkyholders 153764 25
11 Cash dividends applied to pay running premiums 34985 30
13 Surrender values paid in cash 72905 62
15 Surrender values applied to purchase paid up insurance
45403 26
and annuities 40
Total paid policyholders 228672248
17 Cash paid for commissions and bonuses to agents
less commission on reinsurance New policies
29565170 renewals 16099166 45664336
18 Cash paid for salaries and allowances to managers and
101629 38
agents
19 Cash paid for medical examiners fees 2966642 in
spection of risks 953330 39199 72420
COMPTROLLERGENERALS REPORT
20 Cash paid for salaries and all other compensation of
officers and other home office employees 180259 7
21 Cash paid for taxes 57314 23
22 Cash paid for taxes on investments 58223 92
23 Cash paid for insurance department fees and agents
licenses 427313 municipal licenses etc 337356 7646 69
24 Cash paid for rent including 120000 companys oc
cupancy less 297750 received under sublease 58577 70
26 Cash paid for furniture fixtures and safes for home
and agency offices 350 61
27 Cash paid for advertising 1328067 printing 15
311x0 2859167
28 Cash paid for real estate expenses other than taxes
4730895 for legal expenses 1505797 262366 93
29 Cash paid for the following items viz Agency super
vision traveling and agency expenses 10151155
expense pett3 disbursements at agencies and home
office 1440506 exchange 463127 auditing ex
penses 778285 examination expenses 265120
reorganization expenses 498894 suspense suits
pending 70753 profit and loss 6060502 post
age and telegrams 2150218 218785 60
Tola miscellaneous expenses 144808739
30 Total disbursements 3756312 05
IVASSETS AS PER LEDGER ACCOUNTS
i Book value of real estate exclusive of all incum
brances 2900780 82
2 Loans on mortgage first liens on real estate 622503 79
3 Loans secured by pledge of bonds stocks or other
marketable collaterals 26275 42
4 Loans made in cash to policyholders on this com
panys policies assigned as collateral 2650629 77
5 Premium notes loans or liens on policies in force of
which 1422522 was received during the year 338553 20
6 Cost value of bonds and stocks owned excluding ac
crued interest at time of purchase 1345987 37
7 Cash in companys office 173 58
8 Cash deposited in banks 580299 19
9 Bills receivable 1119 31
10 Agents ledger balances 255636 92
Comptroller State of New York 5059 84
11 Total net or ledger assets 8729476 21
OTHHl ASSETS
14 Interest due 1016320 and accrued 506907 on
mortgages 15232 27COMPTROLLERGENERALS REPORT
421
IS Interest accrued on bonds and stocks
16 Interest due 1750 and accrued 64578 on collateral
loans
17 Interest due 628303 and accrued 55806 10 on pre
miums notes loans or liens
18 Interest accrued on other assets
19 Rents on companys property or lease
20 Market value of real estate over book value
21 Market value of bonds and stocks over cost
23 Gross premiums due and
unreported on policies
in force December 31
J9o6 4652900 18884200
24 Gross deferred premiums
on policies in force De
cember 31 1906 14522 00 248881 00
16277 10
663 28
62089 13
24i4 33
8472 00
502038 40
13860 84
New Business
Renewals
Totals 6105100 43772300
25 Deducting loading 60 per
cent on new and 15
cent on renewals 36631 00 65658 co
26 Xct amount of uncollect
ed and deferred premi
ums
24420 00 372065 00 396485 00
28 Total assets as per the books of the company 9747008 56
ITEMS NOT ADMITTED
5 Agents balances 255636 92
7 Bills receivable 1119 31
Total 256756 23
9 Total assets less items not admitted 9490252 33
VLIABILITIES
1 Net present value of all the oustanding
policies in force on the 31st day of
December 1906 computed according
to the actuaries table of mortality
with 4 per cent interest combined
with 34 per cent 8859645 00
Deduct net value of risks of this com
pany reinsured in other solvent
companies 10682 00
Net reinsurance reserve 8848963 00422
COMPTROLLERGENERALS REPORT
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
endowments in process of adjustment
or adjusted and not due
6 Claims for death losses and other
policy claims resisted by the com
pany
8 Present value of unpaid amounts on
matured installment policies
Claims for death losses reported and
no proofs received
20999 00
72575 oo
55159 00
41778 40
36404 00
Total policy claims
10 Amount of all unpaid dividends of surplus or other
description of profits clue policyholders
16 Amount of any other liability of the company viz
Premiums paid in advance
Liability on policies cancelled upon which a surren
der value may be demanded
226915 40
1664 08
3537 00
5366 00
17 Liabilities on policyholders account
20 Interest paid in advance on loans on
policies
21 Interest accrued on mortgages on real
estate 37075 00
Judgment against the society upon which
appeal is pending
9086445 48
17974 12
1458 00
Total
56507 12
Capital stock
Unassigned funds to provide for all other contingen
100000 oo
247299 73
Total liabilities 9490252 33
Business in the State of Georgia during the year
No Amount
Number and amount of policies on the lives of
citizens of Georgia in force December 31 of
previous year 947 3637853 00
Number and amount of policies on the lives of
citizens of Georgia issued during the year 344 923046 00
Total
2291 4560899 00
COMPTROLLERGENERALS REPORT 423
Deduct number and amount which have ceased
to be in force during the year 402 613274 00
Total number and amount of policies in
force in Georgia December 31 1906 1889 3947625 00
Amount of losses and claims on policies in
Georgia incurred during the year 16 39o68 00
Amount of losses and claims on policies in Geor
gia paid during the year t 3S068 00
Amount of premiums collected or secured in Georgia
during the year in cash 11469572 notes or credits 6
46750 without any deduction for losses dividends com
missions or other expenses 12116322
THE PRUDENTIAL INSURANCE COMPANY OF AMERICA
NEWARK N J
John F Dryden President Edward Gray Secretary
Home Office 761769 Broad Street Newark N J
J M Skinner 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 bal
ance December 31 of previous
year 102377333 75
Extended at 102377333 75
IIINCOME
5 First years premiums on original poli
cies without deduction for commis
sions or other expenses less 135839
for first years reinsurance 6806997 76
6 Surrender values applied to pay first
years premiums 3748 08
7 Total first years premiums onoriginal
policies 6810745 84
8 Dividends applied to purchase paidup
additions and annuities 49985 14
9 Surrender values applied to purchase
paidup insurance and annuities 1174712 51
10 Consideration for original annuities in
volving life contingencies 37527 10424
COMPTROLLERGENERALS REPORT
804 45
II Consideration for supplementary con
tracts involving life contingencies
12 Total new premiums 8073775 04
13 Renewal premiums in addition to
items 14 15 and 16 without deduc
tion for commissions or other ex
penses less 15542482 for reinsur
ance on renewals 40066601 90
14 Dividends applied to pay renewal pre
miums 124835 79
15 Surrender values applied to pay renewal
premiums 8318 04
16 Renewal premiums for deferred annui
ties 638 68
17 Total renewal premiums 40200394 41
83686 00
30962 39
8 Total premium income 48274169 45
ly Consideration for supplementary contracts not involv
ing life contingencies
2 Premium notes loans or liens restored by revival of
policies
22 Interest on mortgage loans 921749 55
23 Interest on collateral loans
24 Interest on bonds and dividends on
stocks
25 Interest on premium notes policy loans
or liens
26 Interest on deposits
27 Interest on other debts due the com
pany
20 Rent from companys property includ
ing 42148168 for companys occu
pancy of its own buildings
251243 94
2740554 12
244350 89
164626 25
12961 46
799409 31
30 Total interests and rents 5134895 52
31 Profit on sale or maturity of ledger
assets Bonds 12500 real estate 119670 1321 70
35 From other sources Conscience fund 23 70
41 Total income 5352505876
IIIDISBURSEMENTS
1 For death claims less 6500000 rein
surance 1280182521 additions
4600611 12847831 32COMPTROLLERGENERALS REPORT
425
2 For matured endowments 9495947 ad
ditions 50700
95466 47
SI
IO
12
13
14
IS
17
18
19
23
24
25
26
27
28
32
Xet amount paid for losses and matured endow
ments
For annuities involving life contingencies
Surrender values paid in cash
Surrender values applied to pay new premiums see
income No 6 374808 to pay renewal premiums
see income No 15 831804
Surrender values applied to purchase paidup insur
ance and annuities see income No 9
Dividends paid to policyholders in cash
Dividends applied to pay renewal premiums see in
come No 14
Dividends applied to purchase paidup additions and
annuities see income No 8
Total paid policyholders 1624558768
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 premiums 323637828
renewal premiums 454728926 on annuities
original 191181 renewal 3647
Salaries and allowances for agencies including mana
gers agents and clerks
Agency supervision traveling and all other agency ex
penses
Medical examiners fees 50687028 inspection of
risks 2053150
Salaries and all other compensation of officers direc
tors trustees and home office employees
Rent including 42148168 for companys occupancy
of its own buildings less 109717 received under
sublease
Advertising 26165229 printing and stationery 241
20402 postage 7467774
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 Bonds
1750000 real estate 420823
All other disbursements Law libraries 74155
appraising fees 4338o sundry general expenses
12185704 expressage 3046290
12943297 79
57716 61
786860 15
12066 12
1174712 51
1096113 57
124835 79
49985 14
22254 S4
200000 00
7785615 82
2900713 05
253266 08
527401 78
1548765 26
693387 91
577534 05
85329 07
17398 67
958591 11
196006 74
262091 57
21708 23
153495 29
40 Total disburements 32449146 85426
COMPTROLLERGENERALS REPORT
on this
company s
IVLEDGER ASSETS
1 Book value of real estate unincumbered
2 Mortgage loans on real estate first liens
3 Loans secured by pledge of bonds stocks or other col
lateral
4 Loans made to policyholders
policies assigned as collateral
5 Premium notes on policies in force
6 Book value of bonds excluding interest 6672636547
and stocks 285524000
7 Deposited in trust companies and banks on interest
8 Cash in companys office 1324893 deposited in
banks not on interest 65977957
9 Bills receivable
12378946 65
21443696 86
6447140 00
4055805 51
859505 29
69581605 47
8012319 91
673028 50
ii97 47
11 Total ledger assets 123453245 66
NONLEDGER ASSETS
12 Interest due 3578757 and accrued
39698913 on mortgages
13 Interest accrued on bonds
14 Interest accrued on collateral loans
15 Interest due 1066900 and accrued 1
21317 on premium notes policy loans
or liens
16 Interest due on other assets
17 Rents due 258239 and accrued 15
19359 on companys property or
lease
432776 70
486566 38
233H 55
11882 17
406 69
17775 9
18 Total interest and rents due and accrued
21 Due from other companies for losses or claims on poli
cies of this company reinsured
22 Gross premiums due and
unreported on policies
in force December 31
1906 industrial
Ordinary
23 Gross deferred premiums
on policies in force De
cember 31 1906 ordi
nary
New Business
2815 95
66237 89
Renewals
434465 49
827971 10
972719 47
5000 00
545304 87 2436756 62
24 Totals industrial
Ordinary
2815 95
611542 76
434465 49
3264727 72
25 Deduct loading industrial
50 per cent 1407 98
Ordinary 20 per cent 122308 55
217232 75
652945 54COMPTROLLER
TTNTTT ATS
30RT
427
26
27
32
Net amount of uncollect
ed and deferred pre
miums industrial 1407 97 21723274
Ordinary 489234 21 2611782 18 3319657 10
All other assets Stationery and printed matter 10
00000 furniture fixtures and safes 5000000 law
libraries 660363 3 3
127817225 86
Gross assets
DEDUCT ASSETS NOT ADMITTED
34 Supplies stationery printed matter
1000000 furniture fixtures and
safes 5000000 law libraries
60363
37 Loans on bills receivable
40 Bonds and stocks
66603 63
1197 47
696008 97
42 Total
43 Total admitted assets
763810 07
Pi270534i5 79
VLIABILITIES
Net present value of all the outstand
ing policies in force on the 31st day
of December 1906 as computed by
the company according to the actua
ries table of mortality with four per
cent interest on policies issued prior
to January 1 1901 and the American
experience table of mortality with
three per cent interest on policies is
sued subsequent to December 31
98401737 00
1900 T
Same for reversionary additions 209071 00
Same for annuities including those in
reduction of premiums according to
the actuaries table of mortality with
four per cent interest on annuities is
sued prior to January 1 1901 and the
American experience table of mortal
ity with three and onehalf per cent
interest on annuities issued subse
quent to December 31 1900 620342 co
3093307 00
Special reserve
Total 102324457 00428
COM PTROLLERGENERALS REPORT
Deduct net value of risks of this com
pany reinsured in other solvent com
panies
429649 00
Net reserve
2 Present value of amounts not yet due on supple
mentary contracts not involving life contingencies
computed by the assumption of interest rates as fol
lows On policies issued prior to 1901 four per
can on income policies three and onehalf per
cent on all other policies three per cent
3 Liability on policies cancelled and not included in
item 1 upon which a surrender value may be de
manded
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 losses and other policy
claims resisted by the company
9 Due and unpaid on annuity claims in
volving life contingencies
3
3
3z
5539 00
23019 21
250 00
Total policy claims
Due and unpaid on supplementary contracts not in
volving life contingencies
Premiums paid in advance including surrender values
so applied
Unearned interest and rent paid in advance
Salaries rents office expenses taxes bills accounts
bonuses commissions medical and legal fees due
or accrued
Dividends or other profits due policyholders includ
ing those contingent on payment of outstanding and
deferred premiums
Dividends apportioned payable to policyholders dur
ing 1907
Reserve or surplus fund not included in the net re
serve as herein reported or in the unassigned
funds special reserve set aside prior to 1899 to pre
pare for a more stringent basis of reserve on indus
trial policies
Other liabilities Net amount due other companies for
premiums on policies of this company reinsured
Capital stock
Unassigned funds surplus
lioi894808 00
187423 56
43597 15
304325 65
239820 00
651928 92
40 00
390158 36
125071 35
150332 40
67041 45
1604176 S3
1000000 00
655 43
2000000 00
18534057 70
33 Total liabilities
5127053415 79COMPTROLLERGENERALS REPORT
42
Business in the State of Georgia During the year
No Amount
Policies on the lives of citizens of said State
in force December 31st of previous year 4855 9789555 00
Policies on the lives of citizens of said State is
sued during the year 771 1325391 00
Total
Deduct ceased to be in force during the year
Policies in force December 31st
Losses and claims unpaid December 31st of pre
vious year
Losses and claims incurred during the year
Total 46
Losses and claims settled during the year in
cash ordinary 7471273 by compromise
1093654 38
5626 590 11114946 00 1031441 00
5036 4 42 10083505 00 14000 00 86149 27
100149 27
Losses and claims unpaid December 31st 8
Premiums collected or secured in cash and notes or
credits without any deduction for losses dividends com
missions or other expenses ordinary
85649 27
14500 00
362263 79
RELIANCE LIFE INSURANCE COMPANY PITTSBURG PA
James H Reed President Grant Siverd Secretary
Principal Office Farmers Bank Bldg Fifth Avenue and Wood Street
Pittsburg Pa
ICAPITAL STOCK
1 Amount of capital stock
paid up in cash 1000000 00
Amount of net or ledger assets Decem
ber 31st of previous year 2069589 95
Extended at 2069589 95
i
INCOME DURING YEAR I906
I Cash received for premiums on new
policies without deductions for com
missions or other expenses 202575 62
ii Cash received for renewal premiums
without deductions for commissions
or other expenses 233004 36430
COMPTROLLERGENERALS REPORT
ji From dividends applied to purchase
paid up additions and annuities see
item 12 disbursements 111825
Total 436698 23
6 Deduct amount of premiums paid to
other companies for reinsurance on
policies in this company new business
336092 renewals 355615 691707
7 Total premium income
8 Cash received for interest on 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
Total income
429781 16
18405 25
63196 57
1168 65
8342 11
520893 74
9
10
12
13
17
19
23
24
25
26
27
28
IIIDISBURSEMENTS FOR THE YEAR I906
Cash paid for death claims including revisionary addi
tions 5212269
Cash paid to annuitants 100 oo
Premium voided by lapse 905 99
Cash dividends paid policyholders 72682
Cash dividends applied to purchase paidup additions
and annuities see item 34 income 111825
Surrender values paid in cash 4001800
Total paid policyholders 9499175
Cash paid for commissions and bonuses to agents
less commission on reinsurance new policies 134
47858 renewals 1163401 14611259
Cash paid for salaries and allowances to managers
and agents 613476
Cash paid for medical examiners fees 1972067 in
spection of risks 313644 2285711
Cash paid for salaries and all other compensation of
officers and other home office employees 3400496
Cash paid for insurance department fees and agents
licenses l862i 01
Cash paid for rent 16680 00
Cash paid for commuting commissions 24490 04
Cash paid for furniture fixtures and safes for home
and agency offices II32 86
Cash paid for advertising 2037036 printing 7
27809 postage 174396 29392 41
Cash paid for legal expenses 5871 63COMPTROLLERGENERALS REPORT
431
29 Cash paid for the following items viz Agency super
vision 627027 loss on maturity ledger assets
56703 express 50403 library 29575 telephone
53628 telegrams 19270 photographic 30371
general expense 228509 fire insurance 2810
trust fund transferred to premium account 10460 11087 56
30 Total disbursements 411376 68
IVASSETS AS PER LEDGER ACCOUNTS
2 Loans on mortgage first liens on real estate 320400 00
4 Loans made in cash to policyholder on this companys
policies assigned as collateral 13008 48
5 Premium notes loans or liens on policies in force 15125 54
6 Cost value of bonds and stocks owned excluding ac
crued interest at time of purchase 1510808 42
7 Cash in companys office 700 00
8 Cash deposited in banks 206965 87
10 Agents ledger balances 112098 70
13 Total net or ledger assets 2179107 01
OTHER ASSETS
14 Interest due 4000 and accrued 397200 on mort
gages
15 Interest accrued on bonds and stocks
18 Interest accrued on other assets
Total carried out
23 Gross premiums due and
unreported on policies
in force December 31
1906
24 Gross deferred premiums
on policies in force De
cember 31 1906
Totals
25 Deducting loading 20 per
cent
26881 33
7006 56
23054 72
12384 87
33887 89 35439 59
6777 58 7087 91
4012 00
21466 36
218 53
25696 89
26 Net amount of uncollect
ed and deferred pre
miums 2711031 2835168
27 Furniture fixtures and safes
5546i 99
10611 55
28 Total assets as per the books of the company 2270877 44432
COMPTROLLERGENERALS REPORT
ITEMS NOT ADMITTED
2 Furniture fixtures and safes 10611 55
5 Agents balances 112098 70
Total 122710 25
9 Total assets less items not admitted 2148167 19
VLIABILITIES
1 Net present value of all the outstand
ing policies in force on the 31st day
of December 1906 computed accord
ing to the American table of mor
tality with three per cent interest
Deduct net value of risks of this com
pany reinsured in other solvent com
panies
571788 00
3369 00
Net reinsurance reserve s
Total policy claims
13 Amount due on account of salaries rents and office
expenses
16 Amount of any other liability of the company viz
Premiums paid in advance less loading 20 per
cent
Commission due to agents on premium notes when
paid
17 Capital stock
18 Surplus
19 Total liabilities
Number and amount of policies on the lives of No
citizens of Georgia in force December 31 of
previous year 494
Number and amount of policies on the lives of
citizens of Georgia issued during the year 393
Total
Deduct number and amount which have ceased
to be in force during the year 235
568419 00
17000 00
3634 80
1945 65
1138 37
1000000 00
556029 37
2148167 19
Amount
629300 00
502520 00
1131820 00
249000 00
Total number and amount of policies in
force in Georgia December 31 1906
Amount of losses and claims on policies in Geor
gia incurred during the year
652
882820 00
16610 00
Total
12
16610 00COMPTROLLERGENERALS REPORT
433
Amount of losses and claims on policies in Geor
gia paid during the year 8
Amount of premiums collected or secured in Georgia dur
ing the year in cash and notes or credits without any
deduction for losses dividends commissions or other
expenses
9610 00
39772 Ot
RESERVE LOAN LIFE INSURANCE COMPANY OF INDIAN
APOLIS IND
Chalmers Brown President
Wm K Bellis Secretary
Principal OBice 300 to 310 Saks Building Indianapolis Ind
Wm A Wright Atlanta Attorney for Service in Georgia
CAPITAL STOCK
Amount of net or ledger assets Decem
ber 31 of previous year 146044 37
Extended at 14604413
IIINCOME DURING YEAR 1906
1 Cash received for premiums on new policies without
deductions for commissions or other expenses
ii Cash received for renewal premiums without deduc
tions for commissions or other expenses
2 Premium notes loans or liens taken in part payment
for premiums on new policies
2 Premium notes loans or liens taken in part payment
for renewal premiums
3 From dividends applied to pay running premiums
44 From surrender values applied to purchase paid up
insurance
7 Total premium income
8 Cash received for interest on 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
19 From all other sources viz Investment Ex 12510
survivorship dividends 54000 error account 88c
understatement of age 14085
136356 62
270679 61
217265 79
30793 43
21229 83
4914 97
681240 25
14562 08
766 00
57009 19
915 05
806 83
Total income 755299 40
28 in434
COMPTROLLERGENERALS REPORT
9
9l
11
T3
IS
17
18
19
22
23
24
26
27
29
IIrDISBURSEMENTS FOE THE YEAR I90C
Cash paid for death claims including revisionary ad
ditions
Premium notes loans or liens voided by lapse
Premium notes loans or liens used in payment of
dividends to policyholders
Cash dividends applied to pay running premiums
Surrender values paid in cash
Surrender values applied to purchase paid up insurance
and annuities
Total paid policyholders 33089503
Cash paid for commissions and bonuses to agents
less commission on reinsurance New policies
11486641 renewals 440190
Cash paid for salaries and allowances to managers
and agents
Cash paid for medical examiners fees and inspection
of risks
Cash paid for salaries and all other compensation of
officers and other home office employees
Cash paid for taxes on investments
Cash paid for insurance department fees and agents
licenses 117227 municipal licenses 16271
Cash paid for rent
Cash paid for furniture fixtures and safes for home
and agency offices
Cash paid for advertising 116404 printing 4
43504
Cash paid for legal expenses
Cash paid for the following items viz Postage 1
52500 miscellaneous expenses 171588
Total miscellaneous expenses 324088
42700 00
5337 71
50 00
21229 83
256662 52
4914 97
119268 31
32269 90
8462 00
42265 10
374 85
1334 98
5147 63
1255 25
5599 08
539 25
3240 88
30 Total disbursements
556856 36
IVASSETS AS PER LEDGER ACCOUNTS
2 Loans on mortgage first liens on real estate 410390 00
4 Loans made in cash to policyholders on this com
panys policies assigned as collateral 1123020 10
5 Premium notes loans or liens on policies in force
of which 1147021 was received during the year 21933 44
6 Cost value of stocks and bonds owned excluding ac
crued interest at time of purchase 29908 00
7 Cash in companys office 3904 52
8 Cash deposited in banks 58331 56
10 Agents ledger balances of which 400748 was ad
vanced during the year 1139679
13 Total 165888441COMPTROLLERGENERALS REPORT
435
OTHER 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
23 Gross premiums due and
unreported on policies
in force December 31
1906
24 Gross deferred premiums
on policies in force De
cember 31 1906 i
New Business
62247 03 i
Renewals
15328 96
Totals 6224703 2901065
25 Deduct loading 60 per
cent on new and 20
per cent on renewals 39348 22 5802 13
3650 91
299 00
5710 63
477 57
26 Net amount of uncollect
ed and deferred premi
ums 2489881 2320852 4810733
27 Furniture fixtures and safes 4000 00
28 Total assets as per the books of the company 1721129 85
ITEMS NOT ADMITTED
2 Furniture fixtures and safes
5 Agents balances 30000 secured
H Premium notes and loans on policies
and net premiums per item 26 in ex
cess of the net value of their policies
and book value of assets over market
value
4000 00
11096 79
23467 05
Total
38563 84
9 Total assets less items not admitted 168256601
LIABILITIES
1 Net present value of all the outstanding policies in
force on the 31st day of December 1906 computed
according to the actuaries table of mortality with
4 per cent interest jf
5 Claims for death losses and matured endowments in
process of adjustment or adjusted and not due
10 Amount of all unpaid dividends of surplus or other
description of profits due policyholders
1535763 00
4500 00
2200 00436 COMPTROLLERGENERALS REPORT
n Amount due on account of salaries rents and office
324S 39
expenses 0 to oy
16 Amount of all other liability of the company viz
Premiums paid in advance 99252 unearned in
terest paid in advance 1424602 15238 54
17 Liabilities on policyholders account 1560946 93
18 Gross surplus on policyholders account 121619 08
19 Total liabilities 168256601
Business in the State of Georgia during the year
No Amount
Number and amount of policies on the lives of
ctizens of Georgia in force December 31 of
previous year 43 9000 00
Numb r and amount of policies on the lives of
citizens of Georgia issued during the year 260 45599000
Total 303 58499000
Deduct number and amount which have ceased to
be in force during the year 22 4833000
Total number and amount of policies in force
in Georgia December 31 1906 28i 53666000
Amount of premiums collected or secured in Georgia dur
ing the year in cash 1566237 and notes or credits
5659668 without any deduction for losses dividends
commissions or other expenses 7225905
ROME INDUSTRIAL LIFE INSURANCE COMPANY ROME
GEORGIA
Sproull Fouche President John M Graham Secretary
Principal Office Rome Ga
ICAPITAL STOCK
I Amount of capital stock
paid up in cash 10000000
Extended at 10000000
IIINCOME DURING YEAR 1907
Total income 950 96COMPTROLLERGENERALS REPORT 437
IVASSETS AS PER LEDGER ACCOUNT
2 Loans on mortgage first liens on real estate 95500 96
6 Cost value of bonds and stocks owned excluding ac
crued interest at time of purchase 545000
1 Total net or ledger assets
VLIABILITIES
14 Amount due by the company for borrowed money 950 96
1 g Total liabilities 950 96
100950 96
SECURITY LIFE AND ANNUITY COMPANY OF AMERICA
V O Johnson President Henry C Brown Secretary
Principal Office Majestic Building Chicago 111
ICAPITAL STOCK
I Amount of capital stock
paid up in cash Decem
ber 31 1906 118650 00
Amount of net or ledger assets De
cember 31 of previous year 518162 07
Increase of capital during 1906 2310000
Extended at 541262 07
IIINCOME DURING THE YEAR
1 Cash received for premiumson new
policies without deductions for com
missions or other expenses 85711 62
12 Cash received for renewal premiums
without deductions for commissions
or other expenses 247019 60
2 Premium notes loans or liens taken
in part payment for premiums on new
policies 3711 39
2 Premium notes loans or liens taken
in part payment for renewal pre
miums 7184 83
4 Health premiums 555 96
4J From surrender values applied to pur
chase paid up insurance and annuities 373 34438
COMPTROLLERGENERALS REPORT
5 Consideration for annuities other than
matured installment policies 6000 00
Total 350556 74
6 Deduct amount of premiums paid to
other companies for reinsurance on
policies in this company New busi
ness 229065 renewals 412587 641652
7 Total premium income 344I4 22
8 Cash received for interest cm mortgage loans 455 33
9 Cash received for interest on bonds owned and divi
dends on stock 75I5 65
to Cash received for interest on premium notes loans
or liens 790 20
11 Cash received for interest on other debts due the com
pany 172301
19 From all other sources viz Stock options 59307
correction in advance dividend loans 451250
special commission 39950 surplus from stock
holders 3748200 Munich Reinsurance Co
83965 43826 65
Total income 405631 06
IIIDISBURSEMENTS FOR THE YEAR I906
I Cash paid for death claims including reversionary ad
ditions 36996 18
8 Cash paid to annuitants 57 22
10 Cash board contract dividends paid policyholders 940882
13 Surrender values paid in cash 4423 11
15 Surrender values applied to purchase paid up insurance
and annuities 373 34
15a Health indemnities 537 5
Total paid policyholders 9272617
17 Cash paid for commissions and bonuses to agents
less commission on reinsurance New policies
5340013 renewals 1178325 65183 38
18 Cash paid for salaries and allowances to managers
and agents 8575 5i
19 Cash paid for medical examiners fees 475763 in
spection of risks 123899 599662
20 Cash paid for salaries and all other compensation of
officers and other home office employees 36336 94
23 Cash paid for insurance department taxes fees and
agents licenses 947041 examination expenses
150810 1097851
24 Cash paid for rent 10657 24COMPTROLLERGENERALS REPORT
439
26 Cash paid for furniture fixtures and safes for home
and agency offices
27 Cash paid for advertising 439089 printing 5
43039 postage 141001
28 Cash paid for legal expenses
29 Cash paid for the following items viz Agency super
vision and traveling expenses
Miscellaneous Officee xpenses 513598 loss in agents
accounts 66398 premiums paid in advance ap
plied to fund in 1906 93800 loss on sale of ledger
assets 600000
4392 09
11231 29
2538 38
23567 81
12737 93
30 Total disbursements 284921 87
IVASSETS AS PER LEDGER ACCOUNTS
2 Loans on mortgage first liens on real estate 44000 00
3 Loans secured by pledge of bonds stocks or other
marketable collaterals 25000 00
4 Loans made in cash to policyholders on this com
panys policies assigned as collateral 9346 29
5 Premium notes loans or liens on policies in force 10896 22
6 Cost value of stocks and bonds owned excluding ac
crued interest at time of purchase 245726 06
7 Cash in companys office 1212 51
8 Cash deposited in banks on interest 61037 99
9 Bills receivable 1265 00
10 Agents ledger balances 37616 09
Advance dividend loans 225871 10
11 Total net or ledger assets 661971 26
12 Deduct depreciation from cost of assets to bring same
to market value 2756 06
13 Total net or ledger assets less depreciation
659215 20
OTHER 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
23 Gross premiums due and
unreported on policies
in force December 31
1906
24 Gross deferred premiums
on policies in force De
cember 31 1906
New Business
4360 53
Renewals
36416 77
2277 50
14841 85
Totals
7638 03 51258 62
791 67
i497 73
125 00
200 00440
COMPTROLLERGENERALS REPORT
25 Deducting loading 70 per
cent on new and 12
per cent on renewals 5344 61 6407 33
26 Net amount of uncollect
ed and deferred premi
ums 229342 4485129
28 Total assets as per the books of the company
ITEMS NOT ADMITTED
5 Agents balances 376i6 09
6 Premiums notes not secured by re
serve 37H 39
7 Bills receivable 915 00
Total
Net reinsurance reserve
5 Claims for death losses and matured endowments no
proofs received
6 Claims for death losses and other policy claims re
sisted by the company
to Amount of all unpaid dividends of surplus or other
description of profits due policyholders
16 Amount of all other liability of the company viz
Unearned health premiums 26934 Munich reinsur
ance fund 135377 reinsurance due and unpaid
21408
17 Liability on polkyhoklers account
18 Gross surplus on policyholders account
47H4 71
708974 31
42242 48
9 Total assets less items not admitted 666731 83
VLIABILITIES
1 Net present value of all the outstand
ing policies in force on the 31st day
of December 1906 computed accord
ing to the American exp table of
mortality with 3 per cent interest 436437 00
Deduct net value of risks of this com
pany reinsured in other solvent com
panies 4022 00
432415 00
1000 00
3000 00
4500 00
1837 19
442752 19
223979 64
19 Total liabilities 666731 83COMPTROLLERGENERALS REPORT
441
SECURITY LIFE AND ANNUITY INSURANCE COMPANY
J Van Lmdley President Gee A Grimsley Secretary
Principal Office No 119 Elm Street Greensboro N C
Chas D Ray Macon Attorney for Service in Georgia
ICAPITA STOCK
I Amount of capital stock paid up in
cash guaranty capital 100000 00
Amount of net or ledger assets De
cember 31 of previous year 16734670
267346 70
Extended at Y
IIINCOME DURINC YEAR I0C6
I Cash received for premiums on new
policies without deductions for com
missions or other expenses
ij Cash received for renewal premiums
without deductions for commissions
or other expenses
2i Premium notes loans or liens taken
in part payment for renewal pre
miums
5 Consideration for annuities other than
matured installment policies
140171 22
117974 20
39194 90
19275 00
Total 3i66iS 32
6 Deduct amount of premiums paid to
other companies for reinsurance on
policies in this company New busi
ness 61531 renewals 30380 919
7 Total premium income
8 Cash received for interest on 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 Collateral loans
13 Cash received for rents for use of companys property
including 120000 for companys own occupancy
315696 21
2537 83
240 10
2773 28
1838 26
1260 00
Total income
324345442
COMPTROLLERGENERALS REPORT
IIIDISBURSEMENTS
I Cash paid for death claims including reversionary ad
ditions
8 Cash paid to annuitants
13 Surrender values paid in cash
Total paid policyholders 7433971
17 Cash paid for commissions and bonuses to agents
less commission on reinsurance New policies
8740162 renewals 995467
18 Cash paid for salaries and allowances to managers
and agents
19 Cash paid for medical examiners fees 1762650
inspection of risks 32400
20 Cash paid for salaries and all other compensation of
officers and other home office employees
21 Cash paid for taxes
23 Cash paid for insurance department fees and agents
licenses
24 Cash paid for rent
27 Cash paid for advertising 260964 printing and sta
tionery 242073 postage 147962
28 Cash paid for legal expenses
29 Cash paid for the following items viz General ex
penses 248164 loss and gain 57751
30 Total disbursements ct
73822 81
8250 00
516 90
97356 29
2001 92
17950 50
11625 54
344 26
2686 79
1200 00
6509 99
400 00
3059 15
225724 15
IVASSETS AS PER LEDGER ACCOUNTS
1 Cost value of real estate exclusive of all incum
brances
2 Loans on mortgage first liens on real estate
3 Loans secured by pledge of bonds stocks or othei
marketable collaterals
4 Loans made in cash to policyholders on this com
panys policies assigned as collateral
5 Premium notes loans or liens on policies in force
6 Cost value of stocks and bonds owned excluding ac
crued interest at time of purchase
7 Cash in companys office
8 Cash deposited in bank
10 Agents ledger balances
13 Total net or ledger assets
15409 49
84850 00
44409 78
8286 22
39194 90
27610 12
799 69
36143 50
7728 20
1536 33
100000 00
365968 23COMPTROLLERGENERALS REPORT
OTHER ASSETS
14 Interest due 4500 and accrued 49852 on mort
gages
15 Interest accrued on bonds and stocks
16 Interest due 2625 and accrued 45186 on collateral
loans
17 Interest due 33229 and accrued 26180 on pre
miums notes loans or liens
20 Market value of real estate over cost
23 Gross premiums due and unreported
on policies in force December 31 1906 7T33 22
Renewals
24 Gross deferred premiums on policies in
force December 31 1906 4028 66
Totals
25 Deduct loading
11161 88
1674 28
26 Xet amount of uncollected and de
ferred premiums 9487 60
462 91
28 Total assets as per the books of the company
ITEMS NOT ADMITTED
443
543 52
149 98
478 11
549 09
ooo 00
9950 51
382684 44
2 Furniture fixtures and safes
5 Agents balances
Total
9 Total assets less items not admitted
1536 33
7728 20
9264 53
373419 91
VLIABILITIES
1 Xet present value of all the outstand
ing policies in force on the 31st day
of December 1906 computed accord
ing to the actuaries table of mor
tality with 4 per cent interest
Deduct net value of risks of this com
pany reinsured in other solvent com
panies
161437 00
558 00
Net reinsurance reserve 160849 00
6 Claims for death losses and other policy claims re
sisted by the company 5000 00
7 Present value of amounts not yet due on supplemen
tary contracts 36837 00444
COMPTROLLERGENERALS REPORT
9 Amount of trust funds held by the company for con
tingent annuities
17 Liabilities on policyholders account if
18 Gross surplus on policyholders account
19 Total liabilities
59053 00
120945 44
382684 44
Business in the State of Georgia during the year
No Amount
Number and amount of policies on the lives of
citizens of Georgia issued during the year 152 277300 00
Amount of premiums collected or secured in Georgia dur
ing the year in cash and notes or credits without any
deduction for losses commissions or other expenses 9767 26
SECURITY MUTUAL LIFE INSURANCE COMPANY OF NEW YORK
Charles M Turner President Charles A LaDue Registrar
Principal Office Binghamton N Y
W A Wright Atlanta Attorney for Service in Georgia
ICAPITAL STOCK
Amount of net or ledger assets December 31
of previous year 3571747 56
Extended at 3571747 56
IIINCOME DURING YEAR I906
I Cash received for premiums on new policies
without deductions for commissions or oth
er expenses 296277 48
3 From dividends applied to purchase paidup
additions and annuities 1148 87
Total 297426 35
7 Total premium income 1677856 24
8 Cash received for interest on mortgage loans
9 Cash received for interest on bonds owned and dividends
on stock
10 Cash received for interest on premium notes loans or liens
11 Cash received for interest on other debts due the company
12 Cash received as discount on claims paid in advance
13 Cash received for rents for use of companys property in
cluding 1500000 for companys own occupancy
15427 60
28085 89
84742 03
2007 22
i933 60
41276 80
COMPTROLLERGENERALS REPORT
16 From interest on deposits
17 Premium notes loans or liens restored by revival of poli
cies
18 Consideration for supplementary contracts not involving life
contingencies
19 From all other sources viz Registration fees 194700
bills receivable i9SOoo age lien payments 1657 pol
icy liens new notes 312693 exchange 76602
445
3iS2 S3
104 94
3198 00
7806 52
Total income 1865591 37
10
11
12
13
14
16
17
20
22
23
24
25
26
27
28
29
IIIDISBURSEMENTS FOR THE YEAR I906
Cash paid for death claims including reversionary additions
Cash paid to annuitants
Premium notes loans or liens used in purchase of surren
dered policies voided by lapse
Cash dividends paid policyholders
Cash dividends applied to pay running premiums
Cash dividends applied to purchase paidup additions and
annuities
Surrender values paid in cash
Surrender values applied to pay running premiums
Total paid policyholders 655408 29
Claims paid on supplementary contracts not involving life
contingencies
Cash paid for commissions and bonuses to agents less
commission on reinsurance new policies 21621391 re
newals 9756790
Cash paid for salaries and allowances to managers and
agents
Cash paid for medical examiners fees 2428900 inspection
of risks 892196
Cash paid for salaries and all other compensation of officers
and other home office employees
Cash paid for taxes on real estate
Cash paid for insurance department fees and agents li
censes
Cash paid for rent including 1500000 companys occupan
cy
Cash paid for agency supervision traveling and other
agency expenses
Cash paid for furniture fixtures and safes for home and
agency offices
Cash paid for advertising 866897 printing 797817
postage 868936
Cash paid for real estate expenses other than taxes 17
58972 for legal expenses 773154
Cash paid for the following items viz General office ex
587744 01
292 57
3374 90
647 50
15399 23
1148 87
46728 73
72 48
650 00
313781 81
90504 23
33210 96
81104 19
14948 40
30456 87
28353 40
31246 48
1923 72
25336 50
25321 26
44H
COMPTROLLERGENERALS REPORT
penses 625592 investigation 508934 premiums on
bonds 1132290
30 Total disbursements
IVASSETS AS PER LEDGER ACCOUNT
22668 16
1354914 27
1 Cost value of real estate exclusive of all incuinbrances 697750 81
2 Loans on mortgage first liens on real estate 308475 00
4 Loans made in cash to policyholders on this companys pol
icies assigned as collateral 1630800 08
5 Premium notesloans or liens on policies in force of which
36521 was received during the year 26398 55
6 Cost value of bonds and stocks owned excluding accrued
interest at time of purchase 1064208 00
7 Cash in companys office 720356 Southern department
100000 8203 56
8 Cash deposited in banks not on interest 30300 77
9 Bills receivable 1950 00
10 Agents ledger balances 129633 65
Deposited in banks on interest 184704 24
13 Total net or ledger assets 4082424 66
OTHER ASSETS
14 Interest due 56100 and accrued 515189
on mortgages
15 Interest accrued on bonds and stocks
17 Interest accrued on premiums notes loans or
liens
18 Interest accrued on other assets
19 Rents accrued on company property or lease
Totals
25 Deducting loading 20 per cent
S712 89
6746 66
39124 07
582 40
716 64
Total carried out
20 Market value of real estate over cost
23 Gross premiums due and 1111
reported on policies in force New Business Renewals
December 31 1906 5184 07 97280 22
24 Gross deferred premiums on
policies in force December
3i 1906 11151 19 109978 43

16335 26 207258 65
3267 05 4451 73
26 Net amount of uncollected and
deferred premiums 1306821 1658069
28 Total assets as per the books of the company
52882 7S
22293 43
178875 13
433M75 97COMPTROLLERGENERALS REPORT 447
ITEMS NOT ADMITTED
4 Premium notes and loans on policies and net
premiums in item 26 in excess of the net
value of their policies 66423 43
5 Agents balances 129633 65
7 Bills receivable 1950 00
8 Bonds 47878 00
Total 245885 08
9 Total assets less items not admitted 4090590 89
VLIABILITIES
I Net present value of all the outstanding policies in force on
the 31st day of December 1906 computed according to the
actuaries and American tables of mortality with 4 3 and
34 per cent interest 3406266 00
3 Claims for death losses which have been reported and no
proofs received 30306 23
5 Claims for death losses in process of adjustment or adjust
ed and not due g 30
6 Claims for death losses and other policy claims resisted by
the company 4000 00
10 Present value of amounts not pet due on supplementary
contracts not involving life contingencies computed by the
comPany 38146 00
12 Liabilities on policies cancelled upon which a surrender may
be demanded IS9I4
13 Amount due on account of salaries rents and office ex
Penses 17289 93
16 Amount of any other liability of the company viz Premi
ums paid in advance 679074 building account 13
47500 commissions due agents on premium notes when
paid 91980 2Il8s M
18 Gross surplus on pohcyholders account 543642 89
19 Total liabilities 409059089
Business in the State of Georgia during the year
Number and amount of policies on the lives of citizens
of Georgia in force December 31 of previous year 1515 268548064
Number and amount of policies on the lives of citizens
of Georgia issued during the year 4 308245 23
Total 1679 2993725 87
448 COMPTROLLERGENERALS REPORT
Deduct number and amount which have ceased to be in
force during the year 208 356643 43
Total number and amount of policies in force in
Georgia December 31 1906 1471 2637082 44
Amount of losses and claims on policies in Georgia
unpaid December 31 of previous year 1 5300 00
Amount of losses and claims on policies in Georgia
incurred during the year 17 44458 86
Total 18 49758 86
Amount of losses and claims on policies in Georgia
paid during the year 18 48888 86
Amount of premiums collected or secured in Georgia during the
year in cash and notes or credits without any deduction for
losses dividends commissions or other expenses 71307 18
SOUTHERN STATES MUTUAL LIFE INSURANCE COMPANY OF
WEST VIRGINIA
Harrison B Smith President J D Baines Secretary
Principal Office Charleston W Va
Brutus J Clay Atlanta Attorney for Service in Georgia
ICAPITA STOCK
1 Amount of capital stock paid up in cash
Extended at
250000 00
250000 00
IIINCOME DURING YEAR I906I907MARCH 31
I Cash received for premiums on new policies without deduc
tions for commissions or other expenses 42253 21
ii Cash received for renewal premiums without deductions
for commissions or other expenses 450 00
8 Cash received for mortgage loans 2050 75
9 Cash received for interest on bonds owned and dividends
on stock 2150 00
10 Cash received for interest on premium notes loans or liens 40 95
11 Cash received for interest on other debts due the company 3160 29
19 From all other sources viz Surplus paid up in cash 50000 00
Total income
100105 20

COMPTROLLERGENERALS REPORT
IIIDISBURSEMENTS FOR THE YEAR I906I907MARCH 31
17 Cash paid for commissions and bonuses to agents less com
mission on reinsurance new policies
18 Cash paid for salaries and allowances to managers and
agents
19 Cash paid for medical examiners fees 122000 inspection
of risks 9350
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
26 Cash paid for furniture fixtures and safes for home and
agency offices
27 Cash paid for advertising 176477 printing 286138
28 Cash paid for legal expenses
29 Cash paid for the following items viz Postage 57821
and general expenses home office 197584 organization
expenses 102388 total
30 Total disbursements
IVASSETS AS PER LEDGER ACCOUNT
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
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 advanced during the year
13 Total net or ledger assets
OTHER ASSETS
14 Interest due 167544 and accrued 164225 on mortgages
15 Interest accrued on bonds and stocks
16 Interest accrued on collateral loans
17 Interest due 127 and accrued 904 on premium notes
loans or liens
18 Interest accrued on other assets
19 Rents due
20 Market value of real estate over cost
21 Market value of bonds and stocks over cost
29 in
449
15003 76
2069 09
i3T3 50
23444 46
631 87
1841 25
1588 54
4626 15
5 00
2999 72
53523 34
5000 00
118625 83
45600 00
2361 04
83000 00
301 01
39854 23
611 9a
1227 85
296581 86
3317 no
1266 67
1318 31
10 31
20 71
75 00
2500 00
1000 00
450 COMPTROLLERGENERALS REPORT
23 Gross premiums due and unreported on poli New Business
cies in force December 31 1906 185 58
24 Gross deterred premiums on policies in force
December 31 1906 933 39
Totals 1118 97
25 Deduct loading 832 31
26 Net amount of uncollected and deferred premiums
28 Total assets as perthe books of the company
ITEMS NOT ADMITTED
7 Premium notes of which 107288 was collected in April
9 Total assets less items not admitted
vliabilities
1 Net present value of all the outstanding poli
cies in force on the 31st day of March
1907 computed according to the American
experience able of mortality with 3i per
cent interest special reserve 2400 1293948
Deduct net value of risks of this company re
insured in other solvent companies 49 50
Net reinsurance reserve
13 Amount due on account of salaries rents and other ex
penses
16 Amount of any other liability of the company viz Premi
ums paid in advance
17 Liabilities on policyholders account
18 Gross surplus on policyholders account
19 Total liabilities

286 66
306377 21
1277 96
305099 25
12889 08
1264 16
527 48
14681 62
290417 63
305099 25COMPTROLLERGENERALS REPORT
451
SOUTHERN LIFE INSURANCE COMPANY OF NORTH CAROLINA
E H Williamson President Jno A Oates Secretary
Principal Office Fayetteville N C
Neill McQueen Ludowici Attorney for Service in Georgia
rCAPITAL STOCK
1 Amount of capital stock paid
up in cash 162320 00
2 Amount of capital subscribed
but unpaid 4180 00
Amount of net or ledger assets December 31
of previous year
Increase of capital during 1906
106089 15
61070 00
Extended at
IIINCOME DURING YEAR 1906
1 Cash received for premiums on new policies
without deductions for commissions or oth
er expenses 76290 06
1 Cash received for renewal premiums with
out deductions for commissions or other
expenses 15515 32
2 Premium notes loans or liens taken in part
payment for premiums on new policies 5226 20
2J Premium notes loans or liens taken in part
payment for renewal premiums 900 00
4 From surrender values applied to pay run
ning premiums 36 83
4 From surrender values applied to purchase
paidup insurance and annuities 786 12
Total 98754 53
6 Deduct amount of premiums paid to other
companies for reinsurance on policies in
this company new business 1455 52
7 Total premium income
8 Cash received for interest on mortgage loans
10 Cash received for interest on premium notes loans or liens
11 Cash received for interest on other debts due the company
15 Ledger assets other than premiums received from other
companies for assuming or reinsuring their risks
19 From all other sources viz Premium stock sold 312500
suspense 197483
167159 15
97299 01
4852 10
114 82
i953 49
10482 64
5099 83
Total income
119801 8i452 COMPTROLLERGENERALS REPORT
IIIDISBURSEMENTS FOB THE YEAR I906
1 Cash paid for death claims including reversionary additions
9 Premium notes loans or liens voided by lapse
12 Cash dividends applied to purchase paidup additions and
annuities
13 Surrender values paid in cash
15 Surrender values applied to purchase paidup insurance and
annuities
17 Cash paid for commissions and bonuses to agents less com
missi n on reinsurance new policies 4069379 renew
als 1428
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
21 Cash paid for taxes on new premiums
23 Cash paid for insurance department fees and agents li
censes 84788 municipal licenses 30000
24 Cash paid for rent
26 Cash paid for furniture fixtures and safes for home and
agency offices
27 Cash paid for advertising 71444 printing 324226 post
age 65880
28 Cash paid for legal expenses
29 Cash paid for the following items viz Office expense 1
52803 paid for claims on supplementary contracts 46
50 agency supervision traveling expenses etc 428816
30 Total disbursements
IVASSETS AS lER LEDGER ACCOUNT
2 Loans on mortgages first liens on real estate
4 Loans made in cash to policyholders1 on this companys poli
cies 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
Time deposits on interest 2400675 furniture and fix
tures 198616
13 Total net or ledger assets
OTHER ASSETS
14 Interest due and accrued on mortgages
11500 00
1073 60
3 83
418 89
785 12
40708 07
11924 17
8430 50
9228 30
200 00
114 88
455 11
1986 16
46i5 SO
222 60
5812 69
84780 98
107750 66
1611 86
6126 20
1500 00
44872 72
496 43
25992 91
190350 78
1197 14COMPTROLLERGENERALS REPORT 453
IS Interest due and accrued on bonds and stocks 45 qq
17 Interest due and accrued on premiums notes loans or liens 16 23
23 Gross premiums due and un
reported On policies in force New Business Renewals
December 31 1906 17975 59 4647 79
24 Gross deferred premiums on
policies in force December
3I I96 3997 04 591 12
Totas 21972 63 5238 91
25 Deducting loading 49 per cent
on new and 17 per cent
on renewals mj66 58 890 61
26 Net amount of uncollected and
deferred premiums 11206 05 4348 30 15654 35
28 Total assets as per the books of the company 207163 50
ITEMS NOT ADMITTED
2 Furniture fixtures and safes 1986 16
5 Agents balances 2405
Total
9 Total assets less items not admitted
4482 59
202680 91
VLIABILITIES
Net present value of all the outstanding poli
cies in force on the 31st day of December
1906 computed according to the actuaries
table or mortality with 4 per cent interest
Deduct net value of risks of this company re
insured in other solvent companies
34410 00
597 00
process
Net reinsurance reserve
5 Claims for death losses and matured endowments in
of adjustment or adjusted and not due
13 Amount due on account of salaries rents and office expenses
16 Amount of any other liability of the company viz Premi
ums paid in advance 47877 suspense 197483
33813 00
1000 00
2500 00
2453 60
17 Liabilities on policyholders account
18 Gross surplus on policyholders account
19 Total liabilities
39766 60
162914 31
202680 91454
COMPTROLLERGENERALS REPORT
Business in the State of Georgia during the year
No Amount
Total number and amount of policies on the lives of
citizens in Georgia issued during the year 106 234500 00
Amount of premiums collected or secured in Georgia during the
year in cash and notes or credits without any deduction for
losses dividends commissions or other expenses 8562 87
SOUTHERN STATES LIFE INSURANCE COMPANY OF ALABAMA
Wilmer L Moore President Frank Orme Secretary
Principal Office Atlanta Ga
ICAPITAL STOCK
I Amount of capital stock paid
up in cash 100000 00
Amount of net or ledger assets May 1 1906 150000 00
Extended at 150000 00
IIINCOME DURING YEAR IOX6
I Cash received for premiums on new policies without deduc
tions for commissions or other expenses
ij Cash received for renewal premiums paid in advance
without deductions for commissions or other expenses
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 oilier debts due the company
19 From all other sources viz Premiums paid in advance on
applications notyet approved
80638 96
54 T
1096 06
2557 24
295 29
1711 22
Total income
86353 52
IIIDISBURSEMENTS FOR THE YEAR I906
i Cash paid for death claims including reversionary additions 1000 00
17 Cash paid for commissions and bonuses to agents less com
missions on reinsurance new policies 8278 29
18 Cash paid for salaries and allowances to managers and
agents 1064 51
19 Cash paid for medical examiners fees 66129 inspection
of risks 20135 862 64
20 Cash paid for salaries and all other compensation of officers
and other home office employees 414963 agency super
vision traveling and other agency expenses 179490 5944 53COMPTROLLERGENERALS REPORT
455
23 Cash paid for insurance department fees and agents and
municipal licenses
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 60085 printing 48905
28 Cash paid for legal expenses
29 Cash paid for the following items viz Postage investment
expenses express telephone telegraph and miscellaneous
home office expenses
Total miscellaneous expenses 19601 83
292 01
313 II
653 80
1089 90
371 95
731 09
30 Total disbursements
20601 83
IVASSETS AS PER LEDGER ACCOUNTS
2 Loans on mortgage first liens on real estate3
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
13 Total net or ledger assets
62950 00
109462 76
2746 04
40592 89
215751 69
OTHER ASSETS
14 Interest accrued on mortgages
15 Interest due 2500 and accrued 109034 on bonds and
stocks
18 Interest accrued on bank deposits
23 Gross premiums due and unreported on poli New Business
cies in force December 31 1906 6883 66
24 Gross deferred premiums on policies in force
December 31 1906 2 278 22
Totals
25 Deducting 95 per cent loading
9161 88
2313 59
26 Net amount of uncollected and deferred premiums
28 Total assets as per the books of thecompany
328 01
1US 34
129 08
6848 29
224172 41
VLIABILITIES
I Net present value of all the outstanding policies in force on
the 31st day of December 1906 computed according to
the American experience table of mortality with 3i per
cent interest
54609 61456 COMPTROLLERGENERALS REPORT
16 Amount of any other liability of the company viz Premi
ums paid in advance l75 7
17 Liabilities on policyholders account 56375 5
18 Gross surplus on policyholders account 167796 83
19 Total liabilities 224172 41
Business in the State of Georgia during the year
No Amount
Number and amount of policies on the lives of citizens
of Georgia issued during the year 446 1954000 00
Deduct number and amount which have ceased to be in
force during the year 6 31000 00
Total number and amount of policies in force in
Georgia December 31 1906 440 192300000
Amount of losses and claims on policies in Georgia in
curred during the year l l
Amount of losses and claims on policies in Georgia
paid during the year 1 iX 00
Amount of premiums collected or secured in Georgia during the
year in cash without any deduction for losses dividends
commissions or other expenses 70616 07
SOUTH ATLANTIC LIFE INSURANCE COMPANY OF VIRGINIA
E Strudwick President B W Lacey Jr Secretary
Principal Office Corner 9th and Mam Streets Richmond Va
William A Wright Atlanta Attorney for Service in Georgia
ICAPITAL STOCK
I Amount of capital stock paid
up in cash 200000 00
Amount of net or ledger assets December
31 of previous year 386946 42
Extended at 386946 42
IIINCOME DURING THE YEAR
I Cash received for premiums on new policies
without deductions for commissions or
other expenses 22546 00
1 Cash received for nenewal premiums with
out deductions for commissions or other
expenses 92632 70COMPTROLLERGENERALS REPORT
457
3 From dividends applied to pay running pre
miums 1207 35
Total 116386 95
6 Deduct amount of premiums paid to other
companies for reinsurance on policies in
this company new business 63299 re
newals 537070 3 9
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
14 Cash received for profits on sale of bonds or stocks
19 From all other sources viz Sale of furniture
Total income
110383 26
3726 52
8254 67
877 60
6094 23
74 65
12 00
129422 93
IIIDISBURSEMENTS FOR THE YEAR 1906
I Cash paid for death claims including reversionary additions 21500 00
9 Premium notes loans or liens used in purchase of surren
dered policies voided by lapse 4887 29
II Cash dividends applied to pay running premiums 1207 35
13 Surrender values paid in cash 2302 34
Total paid policyholders 29896 98
17 Cash paid for commissions and bonuses to agents less
newals 310712 12346 42
18 Cash paid for salaries and allowances to managers and
agents 348i 00
19 Cash paid for medical examiners fees 229500 inspection
of risks 20107 2496 07
20 Cash paid for salaries and all other compensation of officers
and other home office employees 10007 85
23 Cash paid for insurance department fees and agents li
censes 3411 85
24 Cash paid for rent 1081 66
27 Cash paid for advertising 19436000 printing 138011 3323 71
28 Cash paid for legal expenses 192 34
29 Cash paid for the following items viz Postage 59703
sale U S bond 79544 office expenses 79909 2191 56
Total miscellaneous expenses 38532 46
30 Total disbursements 68429 44
IVASSETS AS PER EEDGER ACCOUNTS
2 Loans on mortgage first and second liens on real estate 91770 00458
COMPTROLLERGENERALS REPORT
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
6 Cost value of bonds and stocks owned excluding interest
accrued 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
14 Interest accrued on mortgages
15 Interest due 12500 and accrued 189582
on bonds and stocks
16 Interest accrued on collateral loans
18 Interest accrued on other assets
Total carried out
21 Market value of bonds and stocks over cost
23 Gross premiums due and im
ported on policies in force
December 31 1906
24 Gross deferred premiums on
policies in force December
31 1906
New Business
5665 78
976 66
Totals
25 Deducting loading 60 per cent
on new and 20 per cent
on renewals
6642 44
3485 46
130S 42
2020 82
312 50
13 78
Renewals
5942 40
2704 01
8486 41
1729 28
26 Net amount of uncollected and
deferred premiums 2656 9S 6917 13
27 Furniture fixtures and safes 235811 printing and sta
tionery 328200
28 Total assets
65650 00
15085 29
2511 75
24i777 34
2377 46
12025 70
16742 37
447939 91
3655 72
n5i7 66
9574 11
5640 11
478327 51
ITEMS NOT ADMITTED
2 Printing matter 328200 furniture fixtures
and safes 235811
5 Agents balances
Total
9 Total assets less items not admitted
5640 11
16742 37
22382 48
455945 03COMPTROLLERGENERALS REPORT
459
VLIABILITIES
I Net present value of all the outstanding pol
icies in force on the 31st day of December
1906 computed according to the actuaries
table of mortality with 34per cent inter
est 236673 00
Deduct net value of risks of this company
reinsured in other solvent companies 12088 00
Net reinsurance reserve 224585 00
16 Amount of any other liability of the company viz Out
standing bills unearned interest and rent paid in advance
commissions due to agents on premium notes when paid
salaries rents office expenses taxes bills accounts bo
nuses commission medical and legal fees 3260 25
18 Gross surplus on policyholders account 228099 78
19 Total liabilities 455945 03
STATE MUTUAL LIFE INSURANCE COMPANY
C R Porter President A C Wadsworth Secretary
Principal Office Rome Ga
ICAPITAL STOCK
Extended at
IIINCOME DURING YEAR I906
1 Cash received for premiums on new
policies without deductions for com
missions or other expenses 795120 40
ii Cash received for renewal premiums
without deductions for commissions
or other expenses 196887 62
2 Premium notes loans or liens taken in
part payment for premiums on new
policies 992008 02
3 From dividends applied to pay running
premiums 4476 80
3I From dividends applied to purchase
paid up additions and annuities 7 5
4I From surrender values applied to pur
chase paid up insurance and annuities 236 04
Total 996728 36
368367 01
460
COMPTROLLERGENERALS REPORT
6 Deduct amount of premiums paid to
other companies for reinsurance on
policies in this company New busi
ness
14076 45
7 Total premium income 982651 91
8 Cash received for interest on mortgage loans 9677 78
9 Cash received for interest on bonds owned and divi
dends on stock 415 9J
io Cash received for interest on premium notes loans or
liens 81928
II Cash received for interest on debts due the com
pany 272 18
13 Cash received for rents for use of companys property
including 150000 for companys own occupancy 1565 57
17 Premium notes loans or liens restored by revival of
policies 2549 21
19 Prom all other sources viz Commuted renewal
commissions 726 90
Total income 1008 052 27
IIIDISBURSEMENTS FOR THE YEAR HJ06
I Cash paid for death claims including reversionary ad
ditions
9 Premium notes loans or liens voided by lapse
11 Cash dividends applied to pay running premiums
12 Cash dividends applied to purchase paid up additions
and annuities
1 Surrender values paid in cash
15 Surrender values applied to purchase paid up insur
ance and annuities
Total paid policyholders 5949663
17 Cash paid for commissions and bonuses to agents
less commission on reinsurance new policies
60215779 renewals 15777
18 Cash paid for salaries and allowances to managers
and agents 1134999 traveling expenses 14
72539
10 Cash paid for medical examiners fees 3210995 in
spection of risks 72000
20 Cash paid for salaries and all other compensation of
officers and other home office employees
21 Cash paid for taxes on new premiums and renewals
22 Taxes paid on investments
27 Cash paid for insurance department fees and agents
licenses 217257 municipal licenses 264603
24 Cash paid for rent including 150000 companys occu
pancy
398co 00
7586 49
4476 80
7 50
7389 8o
236 04
2 S 56
75 38
229 95
29060 70
3244 97
501 81
4818 60
4301 07COMPTROLLERGENERALS REPORT 461
25 Cash paid for State examination 661 94
26 Cash paid for furniture fixtures and safes for home
and agency offices 4404 70
27 Cash paid for advertising 366081 printing 11
08402 14744 83
28 Cash paid for legal expenses 2902 28
29 Cash paid for the following items viz Postage
262417 fire insurance 16810 exchange and dis
count 133658 office expenses 559154 972039
30 Total disbursements 795058 81
IVASSETS AS PER LEDGER ACCOUNT
1 Cost value of real estate exclusive of all incum
brances 20316 12
2 Loans on mortgage first liens on real estate 91492 23
3 Loans secured by pledge of bonds stocks or other
marketable collaterals 12000 00
4 Loans made in cash to policyholders on this com
panys policies assigned as collateral 189222 84
5 Premium notes loans or liens on policies in force 2604 96
7 Cash in companys office 2658 84
8 Cash deposited in banks 62811 06
9 Bills receivable 5436 12
10 Agents ledger balances 71586 04
13 Total net or ledger assets
581360 47
OTHER ASSETS
14 Interest due 40393 and accrued 46933
on mortgages 873 26
15 Interest accrued on bonds and stocks 2185 00
16 Interest due 12753 and accrued 1
77666 1904 10
17 Interest due 1380 and accrued 2403 37 83
Renewals
Total carried out
20 Market value of bonds and stocks over cost
23 Gross premiums due and New Business
unreported on policies
in force December 31
1906 185682 98 13362 43
24 Gross deferred premiums
on policies in force De
cember 31 1906 6190 34
Totals
185682 98 19552 77
5000 28
3500 00462
COMPTROLLERGENERALS REPORT
25 Deduct loading 741 per
cent on new and
152 per cent on re
newals
137642 06
2986 79
26 Net amount of uncollect
ed and deferred pre
miums 4804092 1656598
64606 90
28 Total assets as per the books of the company 654467 65
ITEMS NOT ADMITTED
5 Agents balances
7 Bills receivable
71586 04
543 i
9 Total assets less items not admitted
VLIABILITIES
I Net present value of all the outstand
ing policies in force on the 31st day
of December 1906 computed accord
ing 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
436867 98
5564 56
Xet reinsurance reserve
5 Claims for death losses and matured endowments in
process of adjustment or adjusted and not due
3 Amount due on account of salaries rents and office
expenses
6 Amount of any other liability of the company viz
Premiums paid in advance 10170 special reserve
1250000
17 Liabilities on policyholders account
18 Gross surplus on policyholders account
19 Total liabilities
77022 16
577445 49
431303 42
3500 00
760 85
12601 70
449165 97
128279 52
577 415 49
Business in the Stale of Georgia during tin year
No Amount
Number and amount of policies on the lives of
citizens of Georgia in force December 31 of
previous year 716 156900000
Number anil amount of policies on the lives of
citizens of Georgia issued during the year 2440 8415151 00
Total
35
9984151 00COMPTROLLERGENERALS REPORT
463
Deduct number and amount which have ceased
to be in force during the year
Total number and amount of policies in
force in Georgia December 31 1906
Amount of losses and claims on policies in
Georgia unpaid December 31 of previous year
Amount of losses and claims on policies in Geor
gia incurred during the year
Total
Amount of losses and claims on policies in Geor
gia paid during the year
Amount of premiums collected or secured in Georgia dur
ing the year in cash and notes or credits without any
deduction for losses dividends commissions or other ex
penses
680 1923750 oc
2476 8060401 00
I ICOO 00
5 17700 00
6 18700 00
5 16200 00
355991 75
STATE LIFE INSURANCE COMPANY INDIANAPOLIS IND
Andrew M Sweeney President Wilbur S Wynn Secretary
Principal Office State Life Building Indianapolis Ind
C V LeCraw Atlanta Attorney for Service in Georgia
ICAriTAL STOCK
Amount of net or ledger assets December 31 of pre
viUS year 3844643 48
Extellded at 3844643 48
IIINC0ME DURING YEAR IO06
1 Cash received for premiums on new policies without
deduction for commissions or other expenses
ii Cash received for renewal premiums without deduc
tions for commissions or other expenses
2i Premium notes loans or liens taken in partpay
ment for renewal premiums
3 From dividends applied to pay running premiums see
item 11 disbursements g
3i From dividends applied to purchase paidup additions
15861 83
9230 67
21282 3
130 00
720974 05
1677382 75
221681 84
and annuities see item 12 disbursements
4 From surrender values applied to pay running pre
miums see item 14 disbursements
4i From surrender values applied to purchase paidup
insurance and annuities
5 Consideration for annuities other than matured in
stallment policies
Total
275i905 01464
COMPTROLLERGENERALS REPORT
8 Cash received for interest on 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
13 Cash received for rents for use of companys property
19 From all other sources viz
95696 84
2875 08
59806 83
3568 12
99902 48
1279 42
Total income 300562871
HIDISBURSEMENTS FOR THE YEAR 1906
I Cash paid for death claims including
reversionary additions 483459 08
5 Cash paid for sums falling due during
the year on installment policies 500 00
Total 483959 08
6 Deduct amount received from other
companies for losses or claims on
policies of this company reinsured 2500008
7
9
10
11
13
14
15
i
19
21
j
Total net amount actually paid for losses and ma
tured endowments
Premiums voided by lapse
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 i income
Surrender values paid in cash
Surrender values applied to pay running premiums
see item 4 income
Surrender values applied to purchase paidup insur
ance and annuities see item 4 income
Total paid policyholders79219835
Cash paid for commissions and bonuses to agents less
commission on reinsurance new policies 527
25331 renewals 18664672
Cash paid for salaries and allowances to managers and
agents
Cash paid for medical examiners fees 2591314 in
spection of risks 683896
Cash paid for salaries and all other compensation of
officers and other home office employees
Cash paid for taxes on new premiums and renewals
Cash paid for taxes on reserves 5775 on invest
ments 1165644
458959 08
50767 64
5146 26
85694 16
15861 83
145256 33
9230 67
21282 38
713900 02
32486 94
32752 10
131583 47
37057 85
21233 94
COMPTROLLERGENERALS REPORT
465

23 Cash paid for insurance department fees and agents
licenses 807992 municipal licenses 230423 10384 IS
24 Cash paid for rent including 1160770 20855 9
26 Cash paid for furniture fixtures and safes for home
and agency offices 4533 16
27 Cash paid for advertising 555997 printing 14
02063 19580 60
28 Cash paid for real estate expenses other than taxes
3121871 for legal expenses 1186124 4307995
29 Cash paid for the following items viz Postage
730798 traveling expenses 1772387 investment
expenses 68000 miscellaneous expenses 540813 6088 13
Loss on sale of U S Government bonds 1610 03
Total miscellaneous expenses 108956808
30 Total disbursements 1883376 46
IVASSETS AS PER LEDGER ACCOUNT
i Cost value of real estate exclusive of all incum
brances 997614 98
2 Loans on mortgage first liens on real estate 2369106 50
3 Loans secured by pledge of bonds stocks or other
marketable collaterals 5000 00
4 Loans made in cash to policyholders on this companys
policies assigned as collateral 1098983 83
5 Premium notes loans or liens on policies in force 64649 24
6 Cost value of bonds and stocks owned excluding ac
crued interest at time of purchase 75378 72
7 Cash in companys office 8139 96
8 Cash deposited in banks 251672 94
10 Agents ledger balances 96349 56
13 Total net or ledger assets 4966895 73
OTHER ASSETS
14 Interest accrued on mortgagesj
15 Interest accrued on bonds and stocks
16 Interest accrued on collateral loans
17 Interest accrued on premiums notes
loans or liens
19 Rents accrued on companys property
or lease
Tota
33569 7i
400 00
27 50
6464 92
S9S 47
carried out 4IOS7 6o
20 Market value of real estate over cost 207153 08
21 Market value of bonds and stocks over cost 271 28
30 in46H
COMPTROLLERGENERALS REPORT
23 Gross premiums due and New Business Renewals
unreported on policies
in force December 31
1906 24417572 15127787
24 Gross deferred premiums
on policies in force De
cember 31 1906 284085 4170093
Totals 24701657 19297880
25 Deducting loading actual
per cent on new
and 20 per cent on
renewals 157483 44 38595 76
26 Net amount of uncollect
ed and deferred pre
miums 89533 13 15438304 24391617
28 Total assets as per the books of the company 5459293 86
ITEMS NOT ADMITTED
5 Agents balances 96349 56
9 Total assets less items not admitted 5362944 30
VLIABILITIES
I Net present value of all the outstand
ing policies in force on the 3Tst day
of December T906 computed accord
ing to the actuaries table of mortality
with four per cent interest and Amer
ican experience 3 per cent 450751500
Deduct net value of risks of this com
pany reinsured in other solvent com
panies
4675 00
Net reinsurance reserve
2 Premium notes or loans on policies
and other obligations in excess of the
net value of their policies
5 Claims for death losses and matured
endowments in process of adjustment
or atjlisted and not due
6 Claims for death losses and other policy
claims resisted by the company
8 Present value of unpaid amounts on ma
tured installment policies
Total policy claims
4502840 00
9200 24
56000 00
39500 00
11919 00
116619 24COMPTROLLERGENERALS REPORT 467
ro Amount of all unpaid dividends of surplus or other
description of profits due policyholders 2486 70
13 Amount due on account of salaries rents and office ex
penses 3073469
16 Amount of any other liability of the company viz
Premiums paid in advance 865913 interest paid in
advance 2197867 30637 80
17 Liabilities on policyholders account 468331843
18 Gross surplus on policyholders account 679625 87
19 Total liabilities 5362944 30
Business in the State of Georgia during the year
No Amount
Number and amount of policies on the lives of
citizens of Georgia in force December 31 of
previous year 1540 4206253 00
Number and amount of policies on the lives of
citizens of Georgia issued during the year 535 1768570 00
Total 2075 5974 823 00
Deduct number and amount which have ceased
to be in force during the year 391 1086200 00
Total number and amount of policies in
force in Georgia December 31 1906 1684 4888623 00
Amount of losses and claims on policies in Geor
gia unpaid December 31 of previous year 5000 00
Amount of losses and claims on policies in
Georgia incurred during the year 11 28000 00
Total 12 33000 00
Amount of losses and claims on policies in Geor
gia paid during the year 10 27000 00
Amount of premiums collected or secured in Georgia dur
ing the year in cash 14054779 and notes or credits
1163028 without any deduction for losses dividends
commissions or other expenses 152178 774i8
COMPTROLLERGENERALS REPORT
STATE MUTUAL LIFE ASSURANCE CO WORCESTER MASS
A G Bullock President H M Witter Secretary
Principal Office 340 Main Street Worcester Mass
Wm A Wright Atlanta Attorney for Service in Georgia
ICAPITAL STOCK
Amount of net or ledger assets Decem
ber 31 of previous year 25530473 2S
Extended at 25530473 25
IIINCOME DURING YEAR IC6
I Cash received for premiums on new
policies without deductions for com
missions or other expenses 47124494
Cash received for renewal premiums
without deductions for commissions
or other expenses 3529794 15
3 From dividends applied to pay running
premiums see item 11 disbursements 396533 75
3i From dividends applied to purchase
paidup additions and annuities see
item 12 disbursements 122754 99
5 Consideration for annuities other than
matured installment policies 11827 50
Total 4532i55 33
6 Deduct amount of premiums paid to
other companies for reinsurance on
policies in this company new business
926898 renewals 6079340
70062 38
7 Total premium income 4462092 95
8 Cash received for interest on mortgage loans 172677 35
9 Cash received for interest on bonds owned and divi
dends on stock 75L576 80
10 Cash received for interest on premium notes loans
or liens 12073240
11 Cash received for interest on other debts due the
company 60267 38
12 Cash received as discount on claims paid in advance 776 86
13 Cash received for rents for use of companys prop
erty including 20000 for companys own occu
pancy 1226647 44
14 Cash received for profits on sales of bonds or stocks
3056904 real estate 161000 3217904COMPTROLLERGENERALS REPORT
469
19 From all other sources viz Bond company on
G R Grisvold shortage 157369 policies of re
insurance surrendered to other companies 1
06467 263836
Consideration for supplementary contracts not involv
ing life contingencies 20683 61
Tot
al income 5744241 40
IIIDISBURSEMENTS FOR THE YEAR 1906
I Cash paid for death claims including reversionary ad
ditions 5
3 Cash paid for matured endowments and additions
thereto
1254733 26
423269 38
7 Total net amount actually paid for losses and matured
endowments 167800264
8 Cash paid to annuitants 4026 44
9 Premiums voided by lapse 1893 00
10 Cash dividends paid policyholders 30127 19
11 Cash dividends applied to pay running premiums see
item 3 income 396533 75
12 Cash dividends applied to purchase paidup additions
and annuities see item 3J income 122754 99
13 Surrender values paid in cash 541399 75
Total paid to policyholders 277473776
17 Cash paid for commissions and bonuses to agents
less commission on reinsurance new policies 223
69748 renewals 21640967 440107 15
18 Cash paid for salaries and allowances to managers and
agents 74271 03
19 Cash paid for medical examiners fees 3037162 in
spection of risks 852089 38892 51
20 Cash paid for salaries and all other compensation of
officers and other home office employees 78529 15
22 Cash paid for taxes on investments 22899 23
23 Cash paid for insurance department fees and agents
licenses 84550 32
24 Cash paid for rent including 2000000 companys oc
cupancy 51561 73
25 Cash paid for commuting commissions 2004627
26 Cash paid for furniture fixtures and safes for home
and agency offices 3652 58
27 Cash paid for advertising 891051 printing 13
28019 postage 810494 3029564
28 Cash paid for real estate expenses other than taxes
3031082 for legal expenses 168752 3199834

470
COMPTROLLERGENERALS REPORT
29 Cash paid for the following items viz Supplemental
contracts premiums on bonds telephone and tele
graph profit and loss account and sundries
Total miscellaneous expenses 95451733
30 Total disbursements
IVASSETS AS PER LEDGER ACCOUNT
I Cost value of real estate exclusive of all incum

brances
2 Loans on mortgage first liens on real estate
3 Loans secured by pledge of bonds stocks or other
marketable collaterals
4 Loans made in cash to policyhoiders on this com
panys policies assigned as collateral
6 cost value oi bonds and stocks owned excluding ac
crued interest at time of purchase
7 Cash in companys office
8 Cash deposited in banks
Loans to corporations42667700 on personal se
curity 1368477
77713 38
3729255 09
1695036 00
4305567 00
600425 00
2112010 00
18140642 00
J771 47
248641 32
440361 77
11 Total net or ledger assets 27545459 56
OTHER ASSETS
14 Interest due 286625 and accrued
5220443 on mortgages
15 Interest accrued on bonds and stocks
16 Interest accrued on collateral loans
17 Interest due 351617 and accrued 32
03942 on premiums notes loans or
liens
18 Interest due 5635 and accrued 1
23383 on other assets
19 Rents due 25474 and accrued 11
23998 on companys property or
lease
55070 68
216002 62
8228 25
35555 59
1290 18
11494 72
Total carried out
21 Market value of bonds and stocks over cost
23 Gross premiums due and New Business Renewals
unreported on policies
in force December 31
1906
24 Gross deferred premiums
on policies in force De
cember 31 1906
74410 73 234973 68
51597 80 381038 03
327642 04
697315 00
Totals 12600853 616011 71COMPTROLLERGENERALS REPORT
471
25 Deducting loading 23
per cent
26 Net amount of uncollect
ed and deferred pre
miums
29611 90 144762 75
5396 63 471248 96 567645 59
Total assets as per the books of the company 29138062 19
VLIABILITIES
I Net present value of all the outstand
ing policies in force on the 31st day
of December 1906 computed by Mas
sachusetts insurance department ac
cording to the actuaries table of mor
tality with 4 per cent interest and
American experience with 3 per cent
on all business written after Decem
ber 31 1900 26054780 00
Deduct net value of risks of this com
pany reinsured in other solvent com
panies 205536 00
et reinsurance reserve 25849244 00
3 Claims for death losses due and un
paid reported and no proofs re
ceived 58425 00
6 Claims for death losses and other policy
claims resisted by the company 1153 00
8 Present value of unpaid amounts on
matured gold bond and installment
policies face 11067600 7333 00
9 Amount of trust funds held by this
company Certificates of indebted
ness 13500 00
Total policy claims 146409 00
10 Amount of all unpaid dividends of surplus or other
description of profits due policyholders Amounts
set apart or provisionally ascertained for apportion
ment or deferred dividend policies 13382700 divi
dends left with company to accumulate 121
85500 255682 00
16 Amount of all other liability of the company viz
Premiums paid in advance 5193800 supplemental
contracts 757400 5951200
Extra reserve life annuity contracts 7500 00
17 Liability on policyholders account 2631834700472 COMPTROLLERGENERALS REPORT
18 Gross surplus on policyholders account 2819715 T9
19 Total liabilities 29138062x9
Business in the State of Georgia during the year
No Amount
Number and amount of policies on the lives of
citizens of Georgia in force December 31 of
47 804790 00
previous year J
Number and amount of policies on the lives of
citizens of Georgia issued during the year 233 46778700
Tota 670 1272577 00
Deduct number and amount which have ceased to
be in force during the year 85 134338 00
Total number and amount of policies in force
in Georgia December 31 1906 585 113823900
Amount of losses and claims on policies in Geor
gia incurred during the year 5 5852 93
Vmount of losses and claims on policies in Geor
gia paid during the year 5 5852 93
Amount of premiums collected or secured in Georgia dur
ing the year in cash and notes or credits without any
deduction for losses dividends commissions or other
expenses 34533 49
SUN LIFE INSURANCE COMPANY OF CANADA
R Macaulay President T B Macaulay Secretary
Principal Office 142 Notre Dame St W Montreal Canada
John S Cameron Atlanta Attorney for Service in Georgia
ICAriTAL STOCK
1 Amount of capital stock
paid up in cash 10500000
i Amount of capital sub
scribed but unpaid S95ooo 00
Amount of net or ledger assets Decem
ber 31 of previous year T95583T3 T9
Extended at 19558313 19
COMPTROLLERGENERALS REPORT
IIINCOME DURING YEAR IOX6
I Cash received for premiums on new
policies without deductions for com
missions or other expenses 74942 66
ii Cash received for renewal premiums
without deductions for commissions
or other expenses 3444552 10
3 From dividends applied to pay running
premiums 39942 12
3i From dividends applied to purchase
paid up additions and annuities 66236 23
4 From surrender values applied to pay
running premiums 75o8 94
5 Consideration for annuities other than
matured installment policies 359I26 41
Total 466640846
6 Deduct amount of premiums paid to
other companies for reinsurance on
policies in this company Renewals 1239 55
7 Total premium income
8 Cash received for interest on mortgage loans
9 Cash received for interest on bonds owned and divi
dends on stocks
10 Cash received for interest on premium notes loans
or liens
11 Cash received for interest on other debts due the
company
12 Cash received as discount on claims paid in ad
vance
13 Cash received for rents for use of companys prop
erty including 250000 for companys own occu
pancy
14 Cash received for profits on sales of bonds or stocks
19 From all other sources viz Premiums on combined
accident policies
473
4665168 91
V 1003435 50
Total income
IIIDISBURSEMENTS EOR THE YEAR IQ06
1 Cash paid for death claims including reversionary ad
ditions
3 Cash paid for matured endowments and additions
thereto
4 Premium notes loans or liens used in the payment
of same
18806 16
525066 13
138 32
6212615 02
996347 18
381179 98
36 88474
COMPTROLLERGENERALS REPORT
10
ii
12
13
14
14a
16
I
19
23
24
26
27
28
29
Cash paid for sums falling due during the year on in
stallment policies
Cash paid to annuitants
Cash paid for policy annuities
Guaranteed interest payments
Cash dividends paid policyholders
Cash dividends applied to pay running premiums
Cash dividends applied to purchase paid up additions
and annuities
Surrender values paid in cash
Surrender values applied to pay running premiums
Surrender values paid for matured deferred dividend
policies
Total paid policyholders 198080552
Cash paid stockholders forinterest on dividends
Cash paid for commissions and bonuses to agents
less commission on reinsurance New policies
47S6o8oo renewals 20856024
Cash paid for salaries and allowances to managers and
agents
Cash paid for medical examiners fees 4879724 in
spection of risks 382321
Cash paid for salaries and all other compensation of
officers and other home office employees
Agency supervision traveling and all other agency
expenses
Cash paid for insurance department fees
and municipal licenses
Cash paid for rent including
cupancy
Cash paid for furniture fixtures
and agency offices
Cash paid for advertising 962157 printing 21
46185 postage 1064827 sundries 1753779
Cash paid for legal expenses
Cash paid for the following items viz Thrift depart
ment expenses 3074347 accident department ex
penses 1728 claims paid 5000
Total miscellaneous expenses 127541611
agents
250000 companys oc
and safes for home
5468 34
138583 32
275 70
75 89
99503 50
39942 12
66236 23
230698 34
7508 94
14949 10
15750 uo
68 24
168866 72
52620 45
117080 50
61804 19
47339 24
30418 77
237i 17
59269 48
4916 60
30810 75
30 Total disbursements 3256221 63
IVASSETS AS PER LEDGER ACCOUNT
i Cost value of real estate exclusive of
all incumbrances 76741508
2 Loans on mortgage first liens on
real estate 207316794COMPTROLLERGENERALS REPORT
475
3 Loans secured by pledge of bonds
stocks or other marketable collat
erals 2342195 00
4 Loans made in cash to policyholders on
this companies policies assigned as
collateral 1732444 59
4a Loans made in cash to policyholders
under nonforfeiture agreements 389764 62
5 Premium notes loans or liens on
policies in force 424
6 Cost value of bonds and stocks owned
excluding accrued interest at time of
purchase 1441304202
7 Cash in companys office 16264 46
8 Cash deposited in banks 746485 59
10 Ground rents 38640 00
22519844 10
Deduct ledger liabilities 5137 52
13 Total net or ledger assets 22514706 58
OTHER ASSETS
14
15
16
17
19
Interest clue 481402 andaccrued 31
90887 on mortgages 4172289
Interest due 6672429 and accrued
14657247 on bonds and stocks 21329676
Interest accrued on collateral loans 21804 5
Interest due i5599 and accrued 3
77479 on premiums notes loans or
liens 3930 78
Rents due 334250 and accrued 5
77030 on companys property or
lease 9H2 80
21
23
Total carried out
Market value of bonds and stocks over cost
Gross premiums due and
unreported on policies
in force December 31
1906
24 Gross deferred premiums
on policies in force
December 31 1906
155602 09 367554
36660 97 i736io 59
289867
925077 47
Totals
192263 06 541165 45476
COMPTROLLERGENERALS REPORT
67292 07 108233 9
25 Deducting loading 35
per cent on new and
20 per cent on re
newals
26 Net amount of uncollect
ed and deferred premi
ums 12497099 43293236 557903 35
28 Total assets as per the books of the company 24287555 13
LIABILITIES
Net present value of all the outstand
ing policies in force on the 31st day
of December 1906 computed accord
ing to the institute actuaries table of
mortality with 3 and 3 per cent in
terest 21521073 99
Deduct net value of risks of this com
pany reinsured in other solvent com
panies 4369 00
19
20
Xet 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
7 Amounts due and unpaid on annuity
claims
8 Present value of unpaid amounts on
matured installment policies
21516704 99
245408 96
11225 00
8660 83
7iio8 55
Total policy claims
10 Amount of all unpaid dividends of surplus or other de
scription of profits due policyholders
11 Amount of unpaid dividends to stockholders due Jan
uary 1 1907
16 Amount of any other liability of the company
Unearned premiumsAccident department
336403 34
33478 26
7875 00
62763 u
82 99
17 Liability on policyholders account 21957307 68
18 Gross surplus on policyholders account 2330247 45
Total liabilities 24287555 13
Estimated surplus accrued on tontine or
other policies the profits upon which
are especially reserved for that class
of policies 153701034COMPTROLLERGENERALS REPORT 477
21 Estimated surplus accrued on all other
policies 543070 00
Unallotted surplus 145167 11
Business in the State of Georgia during the year
No Amount
Number and amount of policies on the lives of
citizens of Georgia in force December 31 of
previous year 886 1548913 48
Number and amount of policies on the lives of
citizens of Georgia issued during the year 564 1111198 97
Total 1450 2660112 45
Deduct number and amount which have ceased to
be in force during the year 287 439159 85
Total number and amount of policies in force
in Georgia December 31 1906 1163 2220952 60
Amount of losses and claims on policies in Geor
gia incurred during the year 8 2104600
Amount of losses and claims on policies in Geor
gia paid during the year 5 14000 00
Amount of premiums collected or secured in Georgia dur
ing the year in cash without any deduction for losses
dividends commissions or other expenses 8136072
TRAVELERS LIFE INSURANCE COMPANY OF CONNECTICUT
Sylvester C Dunbarr President Louis F Butler Secretary
Home Office 56 Prospect Street Hartford Conn
ICAPITAL STOCK
2 Amount of ledger assets as per balance
December 31 1905 37298121 89
Extended at 37298121 89
IIINCOME
5 First years premiums on original policies
without deduction for commissions or other
expenses less 2195100 for first years re
insurance 781105 87
8 Dividends applied to purchase paidup addi
tions and annuities 15940 0047 8 COMPTROLLERGENERALS REPORT
10 Consideration for original annuities involv
ing life contingencies 23623 05
12 Total new premiums 820668 92
13 Renewal premiums in addition to items 14
and 16 without deduction for commis
sions or other expenses less 13272778
for reinsurance on renewals 4780620 57
14 Dividends applied to pay renewal premiums 21503 18
16 Renewal premiums for deferred annuities 1580 63
17 Total renewal premiums 4803704 38
1 Total premium income 5024373 30
10 Consideration for supplementary contracts not involving
life contingencies 366032 95
22 interest on mortgage loans 53x5i lS
23 Interest on collateral loans 46699 47
24 Interest on bonds and dividends on stocks 1015911 86
25 Interest on premium notes policy loans or
liens 193376 63
26 Interest on deposits 22762 91
27 Interest on other debts due the company 435 40
28 Discount on claims paid in advance 2684 70
29 Rent from companys property including
812500 for companys occupancy of its
own buildings 84857 31
30 Total interest and rents 1903879 43
31 Profit on sale or maturity of ledger assets 32045 72
41 Total income 7926331 40
IIIDISBURSEMENTS
1 For death claims less 5609700 reinsur
ance 193051650 additions 21200 1930728 50
2 For matured endowments less 1400000 re
insurance 696186 19
3 Net amount paid for losses and matured endowments 2626914 69
4 For annuities involving life contingencies
6 Surrender values paid in cash
10 Dividends applied to pay renewal premiums
11 Dividends applied to purchase paidup additions and annui
ties
12 Total paid policyholders 2998120 55
13 Paid for claims on supplementary contracts not involving
life contingencies
23711 45
310051 23
21503 18
15940 00
197586 12COMPTROLLERGENERALS REPORT
479
16
17
18
19
IS Commissions and bonuses to agents less commission on
reinsurance first years premiums 40166781 renewal
premiums 22566882 on annuities original 97471
renewal 6703
Commuted renewal commissions
Salaries and allowances for agencies including managers
agents and clerks
Agency supervision traveling and all other agency expenses
Medical examiners fees 5218058 inspection of risks
1516841
20 Salaries and all other compensation of officers directors
trustees and home office employees
21 Rents including 812500 for companys occupancy of its
own buildings
22 Advertising 819254 printing and stationery 1948643
postage 1432678
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
32 All other disbursements Miscellaneous items 1813109
profit and loss 98101
628378 37
1400 00
128304 63
37785 26
67348 99
130595 99
41187 08
42005 75
3017 25
10652 50
83942 87
17925 II
91826 42
5863 43
19112 10
40 Total disbursements
505052 42
IVLEDGER ASSETS
Home office propertyj
1 Book value of real estate unincumbered
2 Mortgage loans on real estate first liens
3 Loans secured by pledge of bonds stocks or other collateral
4 Loans made to policyholders on this companys policies as
signed as collateral
5 Premium notes on policies in force
6 Book value of bonds excluding interest 2054743435
and stocks 178539263
7 Deposited in trust companies and banks on interest
8 Cash in companys office
9 Bills receivable 108985 agents balances 1063628
1081484 86
45528i 53
11093483 84
1527542 54
37633io 14
12611 23
22332826 98
434728 62
6405 00
11726 13
ri Total ledger assets 40719400 87
NONLEDGER ASSETS
12 Interest accrued on mortgages 156363 08
13 Interest accrued on bonds 306481 17
25890 78
14 Interest accrued on collateral loans
18 Total interest accrued
488735 03480 COMPTROLLERGENERALS REPORT
20 Market value not including interest in item 13 of bonds
and stocks over book value 236906 57
22 Gross premiums due and unre New Business Renewals
ported on policies in force
December 31 1906 6848 84 274452 48
23 Gross deferred premiums on
policies in force December
311906 5122952 47211184
24 Totals 58078 36 746564 32
25 Deduct loading 6098 23 78389 25
26 Net amount of uncollected and
deferred premiums 51980 13 668175 07 720155 20
32 Gross assets 4216519767
DEDUCT ASSETS NOT ADMITTED
35 Agents debit balances 10636 28
37 Bills receivable 1c9 85
42 Total n726 T3
43 Total admitted assets 42153471 54
VLIABILITIES
1 Net present value of all the outstanding pol
icies in force on the 31st day of December
1906 as computed by the company on the
American experience table of mortality
with 3 and 3i per cent interest 37797727 00
Same for reversionary additions 24821 00
Same for annuities including those in reduc
tion of premiums 222884 00
Total 38045432 00
Deduct net value of risks of this company
reinsured in other solvent companies 858691 00
Net reserve 37186741 00
2 Present value of amounts not yet due on supplementary
contracts not involving life contingencies computed by
the company 2457470 23
5 Claims for death losses in process of adjust
ment or adjusted and not due 19188 40
6 Claims for death losses which have been re
ported and no proofs received 107330 49
7 Claims for matured endowments due and
unpaid 2681 00
COMPTROLLERGENERALS REPORT 481
8 Claims for death losses and other policy
claims resisted by the company 12500 00
9 Due and unpaid on annuity claims involving
life contingencies 319 96
10 Total policy claims 142019 85
12 Premiums paid in advance including surrender values so
applied 56666 63
13 Unearned interest and rent 94082 75
16 Salaries rents office expenses taxes bills accounts bo
nuses commissions medical and legal fees due and ac
crued 15000 00
20 Dividends or other profits due policyholders including those
contingent on payment of outstanding and deferred pre
miums 3685 07
32 Unassigned funds surplus 2197806 01
34 Total liabilities 42153471 54
Business in the State of Georgia during the year
No Amount
Policies on the lives of citizens of said State in force
December 31 of previous year 1418 4998499 00
Policies on the lives of citizens of said State issued
during the year 65 19830400
Total 1483 519680300
Deduct ceased to be in force during the year 71 222127 00
Policies in force December 31 1906 1412 4974676 00
Losses and claims incurred during year 42 79194 75
Losses and claims settled during the year in cash 42 79194 75
Premiums collected or secured in cash and notes or credits
without any deduction for losses dividends commissions or
other expenses 172387 72482
COMPTROLLERGENERALS REPORT
UNION CENTRAL LIFE INSURANCE COMPANY OF OHIO

Jesse R Clark President John D Sage Secretary
Principal Office 353 W Fourth Street Cincinnati Ohio
Thos H Daniel Atlanta Attorney for Service in Georgia
i ICAPITAL STOCK
1 Amount of capital stock paid
up in cash 100000 00
2 Amount of capital subscribed
but unpaid 100000 00
Amount of net or ledger assets December
31 of previous year 47487989 61
Extended at 47487989 61
IIINCOME DURING YEAR IO06
1 Cash received for premiums on new policies
without deductions for commissions or
other expenses 670191 16
ii Cash received for renewal premiums with
out deductions for commissions or other
expenses 4556119 47
2 Premium notes loans or liens taken in
part payment for premiums on new pol
icies 546144 04
21 Premium notes loans or liens taken in
part payment for renewal premiums 2617375 46
3 From dividends applied to pay running pre
miums 390031 37
3i From dividends applied to purchase paidup
additions and annuities 198303 33
4 From surrender value applied to pay run
ning premiums 87749 6
4I From surrender values applied to purchase
paidup insurance and annuities 80267 70
5 Consideration for annuities other than ma
tured installment policies 21098 10
Total 9167279 69
6 Deduct amount of premiums paid to other
companies for reinsurance on policies in
this company new business 1654788 re
newals 19232602 208873 90
7 Total premium income 8958405 79COM PTROLLERGENERALS REPORT
483
8 Cash received for interest on mortgage loans 2439530 04
9 Cash received for interest on bonds owned and dividends
on stock 400 00
10 Cash received for interest on premium notes loans or liens 433432 06
11 Cash received for interest on other debts due the company 4889 06
13 Cash received for rents for use of companys property in
cluding 720000 for companys own occupancy 28562 07
14 Cash received for profits on sales of real estate 448 39
19 From all other sources viz Consideration for supple
mentary contracts not involving life contingencies 102412 57
Total income 11968079 98
IIIDISBURSEMENTS FOR THE YEAR I906
1 Cash paid for death claims including rever
sionary additions 1966206 35
2 Premium notes loans or liens used in pay
ment of the same 17229 52
3 Cash paid for matured endowments and ad
ditions thereto 527049 IS
5 Cash paid for sums falling due during the
year on installment policies 35745 0
Total 254623012
6 Deduct amount received from other com
panies for losses or claims on policies of
this company reinsured 82500 00
7 Total net amount actually paid for losses and matured en
dowments 2463730 12
8 Cash paid to annuitants 22232 92
9 Premium notes loans or liens used in purchase of surren
dered policies 1937659 voided by lapse 31124698 330623 57
9 Premium notes loans or liens used in payment of divi
dends to policyholders i4o 92
10 Cash dividends paid policyholders 276369 05
11 Cash dividends applied to pay running premiums 390031 37
12 Cash dividends applied to purchase paidup additions and
annuities 198303 33
13 Surrender values paid in cash 142427 93
14 Surrender values applied to pay running premiums 87749 06
15 Surrender values applied to purchase paidup insurance
and annuities 80267 70
Total paid policyholders 3993205 97
16 Cash paid stockholders for interest on dividends 10000 00
17 Cash paid for commissions and bonuses to agents less com
mission on reinsurance new policies 60470426 renew
als 46301108 annuities 105490 1068770 24434
COMPTROLLERGENERALS REPORT
18 Cash paid for salaries and allowances to managers and
agents and other agency expenses
19 Cash paid for medical examiners fees 5491700 inspection
of risks 163028
20 Cash paid for salaries and all other compensation of officers
and other home office employees
21 Cash paid for taxes on new premiums and on renewals
22 Cash paid for taxes on reserves 328814 on investments
731985
23 Cash paid for insurance department fees and agents li
censes and municipal licenses
24 Cash paid for rent including 720000 companys occu
pancy
25 Cash paid for computing commissions
26 Cash paid for furniture fixtures and safes for home and
agency offices
27 Cash paid for advertising 1581034 printing 3452036
postage 1104753
28 Cash paid for real estate expenses other than taxes 4
64995 for legal expenses 1225685
29 Cash paid for the following items viz Mortgage loan ex
pense 28098782 general expense 1446363 profit and
loss unadmitted accounts 12618039
Total miscellaneous expenses 2146070 56
30 Total disbursements
64551 39
56547 28
91480 45 23468 96
10607 99
32579 19
30077 53095 86 32
4975 01
6i378 23
16906 80
421631 84
6139276 53
IVASSETS AS PER EEDGER ACCOUNT
i Cost value of real estate exclusive of all incumbrances 539633 36
2 Loans on mortgage first liens on real estate 45624581 87
4 Loans made in cash to policyholders on this companys poli
cies assigned as collateral 5298184 59
5 Premium notes loans or liens on policies in force of which
28533177 was received during the year 1793404 30
6 Cost value of bonds and stocks owned excluding accrued
interest at time of purchase 10000 00
7 Cash in companys office 864 33
8 Cash deposited in banks 58965 66
13 Total net or ledger assets 53325634 11
OTHER ASSETS
14 Interest due 8410400 and accrued 158512315 on mort
gages 1669227 15
17 Interest due 1927230 and accrued 22998969 on premi
ums notes loans or liens 249261 99
19 Rents due 117528 and accrued 69197 on companys
property or lease 1867 25COMPTROLLERGENERALS REPORT
485
20 Market value of real estate over cost 28618 37
21 Market value of bonds and stocks over cost 100 00
23 Gross premiums due and un New Basiness Renewals
reported on policies in force
December 31 1906 156028 28 375312 07
24 Gross premiums on policies in
force December 31 1906 9252 16 96322 33
Totals 166180 44 471634 40
25 Deducting loading iyy2 per
cent on new and renewals 29081 58 82536 02
26 Net amount of uncollected and
deferred premiums 137098 86 389098 38 526197 24
28 Total assets as per the books of the company 55800906 11
ITEMS NOT ADMITTED
7 Reduction of 10 per cent of cost value of real estate to
cover possible depreciation 53063 34
9 Total assets less items not admitted
55740942 77
VLIABILITIES
I Net present value of all the outstanding poli
cies in force on the 31st day of December
1906 computed according to the actuaries
table of mortality with 4 per cent inter
est and American 3l2 per cent 45699219 00
Deduct net value of risks of this company
reinsured in other solvent companies 486298 00
Net reinsurance reserve 45212
4 Claims for matured endowments due and unpaid 5
5 Claims for death losses and matured endowments in process
of adjustment or adjusted and not due 134
6 Claims for death losses and other policy claims resisted by
the company 40
8 Present value of unpaid amounts on matured installment
policies face 56747700 392
10 Amount of all unpaid dividends of surplus or other de
scription of profits due policyholders 37
11 Amount of accumulations credited to special forms of poli
cies 7i7
13 Amount due agents
16 Amount of any other liability of the company viz Premi
ums paid in advance 8860061 net unpaid and deferred
921 00
384 00
609 00
000 00
812 00
63835
267 00
841 05486 COMPTROLLERGENERALS REPORT
reinsurance premiums 34671 82 commissions due
agents on premium notes when paid 22491696348189 39
18 Gross surplus on policyholders account 1846280 98
19 Total liabilities 55746942 77
Business in the State of Georgia duringthe yea
No Amount
Number and amount of policies on the lives of citizens
of Georgia in force December 31 of previous year 4216 7262649 00
Number and amount of policies on the lives of citizens
of Georgia issued during the year 858 1617360 00
Total 504 8880009 00
Deduct number and amount which have ceased to be
in force during the year 577 960911 00
Total number and amount of policies in force in
Georgia December 31 1906 7919098 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 25 7835 o
Total 26 7930500
Amount of losses and claims on policies in Georgia
paid during the year 26 7935 00
Amount of premiums collected or secured in Georgia during the
year in cash and notes or credits without any deduction for
losses dividends commissions or other expenses 281103 08
UNION MUTUAL LIFE INSURANCE COMPANY OF MAINE
Fred E Richards President J Frank Lang Secretary
Home Office 396 Congress Street Portland Maine
ICAPITAL STOCK
2 Amount of ledger assets as per balance
December 31 of previous year 11306130 77
4 Extended at 11306130 77
11INCOME
5 First years premiums on original policies
without deduction for commissions or oth
er expenses for first years reinsurance 409469 69 COMPTROLLERGENERALS REPORT
487
8 Dividends applied to purchase paidup addi
tions and annuities Si77i 32
9 Surrender values applied to purchase paid
up insurance and annuities 30623 41
12 Total new premiums 491864 42
13 Renewal premiums in addition to items 14
and 15 without deduction for commis
sions or other expenses less 55879 for
reinsurance on renewals 1964469 26
14 Dividends applied to pay renewal premiums 58939 51
15 Surrender values applied to pay renewal pre
miums 6870 64
17 Total renewal premiums 2030279 41
18 Total premium income 2522143 83
19 Consideration for supplementary contracts not involving life
contingencies 7460 89
21 Premium notes loans or liens restored by revival of policies 1045 43
22 Interest on mortgage loans 62472 89
23 Interest on collateral loans 44916 20
24 Interest on bonds and dividends on stocks 323834 51
25 Interest on premium notes policy loans or
liens 16799 94
26 Interest on deposits 1958 70
27 Interest on other debts due the company 3586 39
28 Discount on claims paid in advance 4 70
29 Rent for companys property including 10
54127 for companys occupancy of its own
buildings 62090 60
30 Total interest and rents 515663 93
31 Profit on sale or maturity of ledger assets Real estate 240 08
35 From other sources Profit and loss on real estate 132
10322 profit and loss on stocks and bonds 4327478
profit and loss miscellaneous 26278 total 175640 78
41 Total income 3222194 94
IIIDISBURSEMENTS
1 For death claims 67734122 additions 8
o235i 68536473
2 For matured and discounted endowments
7023379 additions 596143 7619522
3 Net amount paid for losses and matured and discounted en
dowments 761559 95
4 For annuities involving life contingencies 2298 08488
COMPTROLLERGENERALS REPORT
5 Premium notes voided by lapse short time notes
6 Surrender values paid in cash
7 Surrender values applied to pay renewal premiums
8 Surrender values applied to purchase paidup insurance and
annuities
8J Collateral loans on policies notes voided by lapse
9 Dividends paid to policyholders in cash
10 Dividends applied to pay renewal premiums
it Dividends applied to purchase paidup additions and annui
ties
12 Total paid policyholders 1302570 73
13 Paid for claims on supplementary contracts not involving
life contingencies
15 Commissions and bonuses to agents less commission on re
insurance first years premiums 28719264 renewal
premiums 13307147
17 Salaries and allowances for agencies including managers
agents and clerks
18 Agency supervision traveling and all other agency expenses
19 Medical examiners fees
20 Salaries and all other compensationof officers directors
trustees and home office employees
21 Rent including 1054127 for companys occupancy of its
own buildings
22 Advertising 1071261 printing and stationery 1496270
postage 912111
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 Real estate
32 All other disbursements Miscellaneous expenses 703752
traveling expenses officers and clerks 136088 profit
and loss on real estate 23359625 profit and loss on
stocks and bonds 4149507 profit and loss miscellane
ous 298549 commissioners examination 461126
21778 19
264354 35
6870 64
30623 41
38298 44
66076 84
58939 51
5I77I 32
3898 50
420264 11
62058 91
15018 89
39349 00
97977 67
30753 01
34796 42
6044 36
2405 35
48629 49
13797 11
30265 97
2325 00
291086 47
40 Total disbursements 2401240 99
IVLEDGER ASSETS
1 Book value of real estate unincumbered 1109068 87
2 Mortgage loans on real estate first liens 1189950 32
3 Loans secured by pledge of bonds stocks or other collateral 1061732 02
4 Loans made to policyholders on this companys policies as
ned as collateral 4U372 27
5 Premium notes on policies in force including 6270637
short time notes taken in settlement of renewal premiums 121331 27COMPTROLLERGENERALS REPORT
189
6 Book value of bonds excluding interest 519124261 and
stocks 282653046
7 Deposited in trust companies and banks on interest
8 Cash in companys office
on interest 7095254
9 Agents balances net
10 Cash in transit December 31 since received
84 deposited in banks not
n Total ledger assets
8017773 07
127372 37
71843 38
9686 82
954 23
12127084 72
NONLEDGER ASSETS
12 Interest due 37800 and accrued i899597 on mortgages
13 Interest due 112500 and accrued 6555251 on bonds
14 Interest accrued on collateral loans
15 Interest due 300460 and accrued 154451 on premium
notes policy loans or liens
16 Interest due 132345 and accrued 1065157 on other as
sets
17 Rents accrued oncompanys property or lease
20 Market value of bonds and stocks over book value
22 Gross premiums due and tin New Business Renewals
reported on policies in force
December 31 1906 12740 82 148633 16
23 Gross deferred premiums on
policies in force December
31 1906 4467 38 133696 30
19373 97
66677 51
4585 05
4549 11
11975 02
1566 40
227001 75
24 Totals
25 Deduct loading
27208 20
6121 85
282329 46
63524 13
26 Net amount of uncollected and
deferred premiums
21086 35 218805 3i 239891 68
32 Gross assets
12702705 21
DEDUCT ASSETS NOT ADMITTED
35 Agents debit balances
38 Premium notes and loans on policies and
net premiums in item 26 in excess of the
net value of their policies
82
1842 00
42 Total
43 Total admitted assets
11528 82
12691176 39
LIABILITIES
I Net present value of all the outstanding pol
icies in force on the 31st day of December
1906 as computed by the company on the490 COMPTROLLERGENERALS REPORT
actuaries table of mortality with 4 per
cent interest prior to January 1 1901 9
18014500 subsequent to January 1 igoi
on the American table of mortality with 3
per cent interest 263817300 11818318 00
Same for reversionary additions 272591 00
Same for annuities including those in re
duction of premiums 16267 00
Total 12107176 00
Deduct net value of risks of this company re
insured in other solvent companies 33S4 00
Net reserve I2I03702 00
2 Present value of amounts not yet due on supplementary
contracts not involving life contingencies 33841 00
5 Claims for death losses in process of adjust
ment or adjusted and not due 55757 05
6 Claims for death losses which have been re
ported and no proofs received 72040 8
7 Claims for matured endowments due and un
Paid 9950 69
8 Claims for death losses and other policy
claims resisted by the company l000 00
10 Total policy claims 1 8
12 Premiums paid in advance including surrender 1
aPPlied net 63
13 I nearned int rid rent paid in advance
l6 Salari taxeSj bills accounts
nuses c mmissions medical and due or acci 10000 00
20 Dividends or other profits due policyholders including tl
contingent on payment of outstanding and deferred pre
miums
11990 17
32 Unassigned funds surplus 399638 84
33 Total liabilities TO
12702705 21
Business in tin Stale during the year
on the lives of citizens of said State in force N Amot
December 31 of previous year 503 5 1527877c
ies on the lives of citizens of said State issued
duritheyear 292 739S
Total r 0
59i 815861 74
1 c1u1 0 be in force during the year 9 o8
Police in force December 31 4o6 u8 66rfc
y
COMPTROLLERGENERALS REPORT
Losses and claims unpaid December 31 of previous
year r f
Losses and claims incurred during year 1
Total 2
Losses and claims settled during the year in cash 2
Premiums collected or secured in cash and notes or credits
without any deduction for losses dividends commissions or
other expensesh
491
2500 00
2000 00
4500 00
4500 00
20014 97
VOLUNTEER STATE LIFE INSURANCE COMPANY OF
TENNESSEE
Z C Patten President A S Caldwell Secretary
Principal Office Chattanooga Tenn
ICAPITAL STOCK
I Amount of capital stock paid
up in cash 200000 00
Amount of net or ledger assets December
31 of previous year 238583 23
Extended at 238583 23
IIINCOME DURING VKAR IO06
I Cash received for premiums on new policies
without deductions for commissions or oth
er expenses
l4 Cash received for renewal premiums with
out deductions for commissions or other
expenses
109362 37
n6973 87
Total 226336 24
6 Deduct amount of premiums paid to other
companies for reinsurance on policies in
this company new business 99682 re
newals 265024 3647 06
7 Total premium income 222689 18
8 Cash received for interest on mortgage loans 4823 16
9 Cash received for interest on bonds owned and dividends
stock 3470 00
to Cash received for interest on premium notes loans or liens 477 23
II Cash received for interest on other debts due the company 173 59492 COMPTROLLERGENERALS REPORT
14 Cash received for profits on sales of bonds or stocks i0 00
19 From all other sources viz Interest on bank balances
32293 loss and gain 9721 420 14
Total income 232063 30
HIDISBURSEMENTS FOR THE YEAR IO06
1 Cash paid for death claims including reversionary additions 38852 00
13 Surrender values paid in cash
17 Lash paid for commissions and bonuses to agents less com
mission on reinsurance renewals 10671 60629 67
18 Cash paid for salaries and allowances to managers and
agents
612634
19 Lash paid for medical examiners fees 883254 inspection
of risks 186735 1069989
20 Cash paid for salaries and all other compensation of officers
and other home office employees 2812 36
21 Cash paid for taxes on new premiums 77574 on renew
als 10699 882 71
22 Cash paid for taxes jS
23 Cash paid for insurance department fees and agents li
censes 106050 municipal licenses 37948 jv
24 Cash paid for rent companys occupancy gI2 0
26 Cash paid for furniture fixtures and safes for home and
agency offices g g
27 Cash paid for advertising 507763 printing 270793 778
28 Cash paid for legal expenses 2g g
29 Cash paid for the following items viz Insurance lire 49
75 postage 135573 traveling 377214
ims 15238 telephones 26675 express 12737
miscellaneous 72541 total
30 Total disbursements 174373 go
IVASSETS AS 1Kli EDGES ACCOUNTS
2 Loans on mortgage first liens on real estate T 8366 66
3 Loans secured by pledge of bonds stocks or other market
able collaterals
4 Loans made in cash to policyholders on this companys poli
cies assi collateral
6 Cost value of bonds and stocks owned excluding accrued
interest at time of purchase
I or
7 Casli in company s office tsr 03
8 Cash dep si 40 256 i8
o
0104 oj
13 Total net or ledger assets5 2g6i6 COMPTROLLERGENERALS REPORT
493
OTHER ASSETS
14 Interest accrued on mortgages
15 Interest accrued on bonds and stocks
16 Interest accrued on collateral loans
21 Market value of bonds and stocks over cost
23 Gross premiums due and un New Busineaa
reported on policies in force
December 31 1906
24 Gross deferred premiums on
policies in force December
31 1906
22688 S3
22773 37
Renewals
20466 26
15769 27
Totals 45461 90 36235 S3
25 Deducting loading 25 per cent
on new and 10 per cent
on renewals 11365 42 3623 55
26 Net amount of uncollected and
deferred premiums 34096 48 32611 98
27 Furniture fixtures and safes 257423 stationery and
printing 270800
28 Total assets as per the books of the company
1725 47
62 50
232 12
1356 00
66708 46
5282 23
371634 51
ITEMS NOT ADMITTED
2 Furniture fixtures and safes
5 Agents balances
8 Supplies printed matter and stationery
Total
9 Total assets less items not admitted
2574 23
8104 63
2708 00
13386 86
358247 65
VLIABILITIES
I Net present value of all the outstanding pol
icies in force on the 31st day of December
1906 computed according to the actuaries
table of mortality with 4 per cent interest 126027 44
Deduct net value of risks of this company
reinsured in other solvent companies 4930 91
Net reinsurance reserve 121096 53
5 Claims for death losses and matured endowments in process
of adjustment or adjusted and not due 6000 00
17 Liabilities on policyholders account
127096 53494 COMPTROLLERGENERALS REPORT
18 Gross surplus on policyholders account 231151 12
19 Total liabilities 358247 65
Business in the State of Georgia during the year
No Amount
Number and amount of policies on the lives of citizens
of Georgia in force December 31 of previous year 71 154500 00
Number and amount of policies on the lives of citizens
of Georgia issued during the year 149 302000 00
Total 220 456500 00
Deduct number and amount which have ceased to be in
force during the year 17 38500 00
Total number and amount of policies in force in
Georgia December 31 1906 203 418000 00
Amount of losses and claims on policies in Georgia
incurred during the year 1 5000 00
Amount of losses and claims on policies in Georgia
paid during the year 1 5000 00
Amount of premiums collected or secured in Georgia during the
year in cash without any deduction for losses dividends
c mmissions or other expenses 10693 52
WASHINGTON LIFE INSURANCE COMPANY OF NEW YORK
John Tatlock President J W B Van de Water Secretary
Principal Office 141 Broadway New York N Y
Win A Wright Atlanta Attorney for Service in Georgia
ICAPITAL STOCK
i Amount of capital stock paid
up in cash 500000 00
Amount of net or ledger assets December
31 of previous year 17753917 51
Extended at I7753yj 51
IIINCOME DURING YliAR I0C6
I Cash received for premiums on new policies
without deductions for commissions or oth
er expenses 247227 19
COMPTROLLERGENERALS REPORT
495
ij Cash received for renewal premiums with
out deductions for commissions or other
expenses 2030837 35
2 Consideration for supplementary contracts
life contingencies 735 00
2i Renewal premiums for deferred annuities 892 03
3 From dividends applied to pay running pre
miums 711 89
34 From dividends applied to purchase paid
up additions and annuities 54931 00
4 From surrender values applied to pay run
ning premiums 36623 21
4J From surrender values applied to purchase
paidup insurance and annuities 149220 94
5 Consideration for annuities other than ma
tured installment policies 6000 00
Total 2533793 61
6 Deduct amount of premiums paid to other
companies for reinsurance on policies in
this company new business 184400 re
newals 47574 2319 74
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 policy loans
11 Cash received for interest on other debts due the company
12 Cash received as discount on claims paid in advance
13 Cash received for rents for use of companys property in
cluding 3000000 for companys own occupancy
14 Cash received for profits on sales of bonds or stocks
18 Supplementary contracts not involving life contingencies
19 From all other sources viz Deposit to secure lease 7
50000 balance account of protested check 1203
Total income
2531473 87
221376 72
197592 54
101632 26
8175 61
633 43
364475 38
8 18
7067 K
7512 03
3439947 02
DISBURSEMENTS FOR THE YEAR I906
I Cash paid for death claims including reversionary additions 948670 86
3 Cash paid for matured endowments and additions thereto 498671 36
8 Cash paid to annuitants 35400 11
10 Cash dividends paid policyholders 43091 80
11 Cash dividends applied to pay running premiums 711 89
12 Cash dividends applied to purchase paidup additions and
annuities 54931 00
13 Surrender values paid in cash 267961 37
14 Surrender values applied to pay running premiums 36623 21496
COMPTROLLERGENERALS REPORT
i5
i
19
Surrender values applied to purchase paidup insurance and
annuities
Total paid policyholders 2035282 54
Cash paid for commissions and bonuses to agents less com
mission on reinsurance new policies 14889902 re
newals 10553642
Cash paid for salaries and allowances to managers and
agents
Cash paid for medical examiners fees and inspection of
risks
20 Cash paid for salaries and all other compensation of officers
and home office employees
21 Cash paid for taxes on premiums
22 Cash paid for taxes on reserves 192710 on investments
6634107
23 Cash paid for insurance department fees and agents li
censes 361370 municipal licenses 103519
24 Cash paid for rent companys occupancy
25 Cash paid for commuting commissions
27 Cash paid for advertising 2551108 printing and station
ery 753677 postage 676446
28 Cash paid for real estate expenses other than taxes 100
93703 for legal expenses 504739
29 Cash paid for the following items viz Agency supervision
office expenses profit and loss etc
Total miscellaneous expenses 766794 37
149220 94
54435 44
90345 97
1196 51
95092 j
32506 43
68268 17
4648 89
30000 00
4000 00
39812 31
105984 42
29735 47
30 Total disbursements 2802076 91
IVASSETS AS PER LEDGER ACCOUNTS
1 Cost value of real estate exclusive of all incumbrances 6379171 50
2 Loans on mortgage first liens on real estate 4443100 00
4 Loans made in cash to policyholders on this companys poli
cies assigned as collateral 1849955 13
6 Cost value of bonds and stocks owned excluding accrued
interest at time of purchase 5438702 40
7 Cash in companys office 2496 97
8 Cash deposited in banks 227466 02
10 Agents ledger balances 5153011 less credit 6351 50895 60
13 Total net or ledger assets 18391787 62
OTHER ASSETS
14 Interest accrued on mortgages 31657 38
15 Interest accrued on bonds 62449 48
17 Interest due 843449 and accrued 1313151
on policy loans or liens 21566 00
18 Interest due on other assets 586 28COMPTROLLERGENERALS REPORT
19 Rents due 60958 and accrued 1499825 on
companys property or lease
15607 93
Total carried out
23 Gross premiums due and unre New Business Renewals
ported on policies in force
December 31 1906 1338 39 96477 40
24 Gross deferred premiums on
policies in force December
31 1906 976323 22264386
497
131867 07
25 Deducting loading 23 310 per
cent on new and 23310
per cent on renewals
26 Net amount of uncollected and
deferred premiums
2586 68
74355 25
851494 24476601 25328095
28 Total assets i8776935 64
ITEMS NOT ADMITTED
5 Agents balances
7 Depreciation in value of bonds
50895 60
201528 40
252424 00
Total
9 Total assets less items not admitted 1852451 r 64
VLIABILITIES
1 Net present value of all the outstanding pol
icies in force on tlie 31st day of December
1906 computed by the New York insur
ance department With 4 per cent interest
and American 3 and 3i per cent 17596624 00
Deduct net value of risks of this company
reinsured in other solvent companies 162200
Net reinsurance reserve 17595002 00
3 Claims for death losses reported only 7664360
4 Claims for matured endowments due and
unpaid 20817 77
5 Claims for death losses in process of ad f
justment or adjusted and not due 26415 64
6 Claims for death losses and other policy
claims resisted by the company 10000 00
7 Amounts due and unpaid on annuity claims 290 43
Total policy claims
134167 44
32 in498 COMPTROLLERGENERALS REPORT
10 Amount of all unpaid dividends of surplus or other descrip
tion of pr fits due policyholders 6999 05
12 Liability on cancelled policies 8585 00
13 Amount due on account of salaries rents and office ex
penses 10872 14
14 Unearned interest and rent paid in advance 8832 50
15 Deposit to secure lease 500 00
16 Amount 0 mpany Premiums
paid in ad ance i icl idi plie 1
63 1 on sup
plem ig life contingencies com
puted by the compan j 00 45362 12
17 Liabilities on policyholder nt 17S27320 25
18 Gross surpl mnt 697191 39
19 Total liabilities 1852451164
Business in the S a e of
No Amount
Number and amo ml
of Georgia in force December 53 84031700
Number and amount of policies
of Georgia issued during the year 29 1078 00
Total 395 00
Deduct number and amount which
in force during the year 77 155030 00
Toi il and ait of policies in f
in Ge nber 31 1906 488 72636500
Amount of losses and claims on polici
incurred during the year 7 6794 80
Amount of losses and claims on policies in Ge irgia
paid during the year 7 6794 80
Amount of premiums collected or secured in Georgia during the
year without any deduction for losses dividends commis
sions or other t Cash 25718 21COMPTROLLERGENERALS REPORT
499
AMERICAN ASSURANCE ASSOCIATION OF GEORGIA
E P Hums S II Beam Secretary
Principal Office 710711712 Gould Bldg Atlanta
E P Burns Atlanta Attorney for Service in Georgia
I BALANCE SHEET
Amount of net or ledger assel 1 previ us
ear
IINCOME DURING KR I906
1 Membership fees
2 Weekly dues
872 20
1960 02
Total paid by membersf
Total income c
5515 90
20478 22
20478 22
IIIDISBURSEMENTS
r Losses and c
5nt and as
Total pail to members 3
mmissions and fees retained by or
I or paid to officers and di
rectors
iries and 0f agencies
and general special and
paid direct by
0 wise
7 Sal ries and other compe icers and

24000 taxe j
9 Adv need to offic be 1 lid out of future
salaries or commissions
to ing 455o blanks
11 All other it
Total disbursements
32140
IVINVE

6 C
9 All
Total net 1
6094 4
7 00
6101 04
9846 95
2600 00
1 55
371 00
545 60
62 00
366 90
301 81
20436 65
5050 00
307 47
200 00
r7 A7500 COMPTROLLERGENERALS REPORT
VCONTINGENT ASSETS
19 Weekly payments or premiums due and un
paid on memberships in force 149 80
20 Annual payments or premiums in process of
collection not yet due 17783 3
21 Total due from members 17933 I0
22 Deduct estimated cost of collection 3586 62
23 Net amount due from members i434 4
Total assets 19903 95
VILIABILITIES
8 To officers or others for advances on account of expenses
of organization and bonds 11250 00
Total liabilities 11250 00
Business in the State of Georgia during the year
No
Policies or certificates in force December 31 190s 3192
Policies or certificates written during the year 1900 5921
Total 013
Deduct number and amount which have ceased to Be in
force during 1906 524
Total policies in force December ji 1906 6589
Losses and claims mi policies or certificates incurred
during the year 1906 174 I 6094 04
Losses and claims on policies or certificates paid during
the year 1906 74 6094 04
Amount
70800 00
108420 00
188220 00
52400 00
135820 00
AMERICAN INSlRAVK COMPANY Of OK KCT
M T LaHatte President M B Torbett Secretary
Principal Office 307 Temple Court Atlanta Ca
L Nalley Atlanta Attorney for Service in Georgia
tBALANCE sheet
Amount of net or ledger assets December 31st of previous
year 10341 85COMPTROLLERGENERALS REPORT
501
IIINCOME DURING YEAR I906
1 Membership fees 13074 9
2 Annual dues i5i6 95
Total paid by members
Interest
Total income
14591 04
3 29
14594 33
IIIDISBURSEMENTS DURING YEAR 15
1 Losses and claims
2 Annual payments returned to members
2051 67
180 24
Total paid to members
3 Commissions and fees retained by or paid to agents
5 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 21000 taxes 30821
10 Advertising 24490 blanks and printing 4177
ij All other items viz Postage 19659 car fare 2115 ex
press and freight 2231 exchange and discounts 207
98 court costs 2720 incidental expenses 28322 fur
niture and fixtures 16768 total
Total expenses footings of items 3 to 11 8562 13
2231 91
4607 09
335 99
1511 61
518 21
662 60
926 63
Total disbursements

10794 04
IVINVESTED ASSETS
1 Cost value of real estate in cash exclusive of all incum
brances Moo
2 Notes owned by this company 2116 69
5 Cost value of bonds and stocks owned absolutely 1250 00
6 Cash in office 767 15
7 Cash deposited in banks on reserved fund account Mad
doxRucker Banking Co 1833 70
Furniture and fixtures 37800 office supplies 42327 bal
ance guarantors fund 400000 total 48H 27
8 Ledger balances 2273 33
10 Total net or ledger assets
14142 14
CONTINGENT ASSETS
14 Market value of real estate over cost
15 Market value of bonds and stocks over cost
18 Notes due and unpaid in suit
150 00
1250 00
700 00502
COMPTROLLERGENERALS REPORT
19 Premiums due and unpaid on memberships
in force 2636 17
22 Deduct estimated cost of collection 650 Qi
23 Net amount due from members
24 All other assets viz Contingent funds as provided i r by
charter and I 43773l2 due from agents with
held unlawfully 80000 total
Total assets
VI
2 Losses in pro I due
number of claims 6
4 Losses resisted by tie company number 01 claim 5
Total liabi
Business in lite State of Georgia during the year
No
Policies or certificates in force December 31 1905 T698
Policies or certificates written during the year 190 1T42
977 11
14573 is
02792 39
4000 00
5310 00
Amount
727794 00
k5 00
Total
240
Deduct number and amount which have ceased to be in
force during iQo6
Total policies in force December 31 1906
1354599 00
99 00
910200 00
ATLANTA MUTUAL INSURANCE ASSOCIATION OF GEORGIA
A I Herndon J 11 Crew Secretary
Principal Office 202 Auburn Avenue Atlanta Ga
Hon W A Wright Attorney for Service In Georgia
vBALANCE SB
Amount of is December 31st of previous
year 107 00
11iNCmi is 906
1 Membership fees 631 65
2 Annual dues 35796 25
Total paid by members 36427 00
5 Interest on bonds 300 00
7 Cash received from all other sources viz Revival etc 450 00
Total income 37177 goCOMPTROLLERGENERALS REPORT
503
IIIDISBURSEMENTS DURING YEAR 1906
I Losses and claims
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 travel I tgers of agencies and
general s
7 Sala of officers and other office

8 Ren 50
10 Ac I printii g 115000
11 All other it tns Furniture safe postage expressage
fuel light typewriter miscellaneous
Total disbursements
s 22625 10
1 6286 12
1 1300 00
2805 10
780 00
1590 50
830 00
369 50
36586 32
IV INVESTED ASSETS
5 Cost value of bonds owned abs ilutely 5500 00
6 Cash in home and branch offices 698 68
8 Agents ledger balances 1940 00
9 All other ledger assets 2000 00
Total net or ledger assets
10138 OS
VCONTINGENT ASSETS
12 Interest due and accrued
15 Market value of bonds over cost
19 Annual payments or premiums due and un
paid on memberships in force
20 Annual payments or premiums in process of
collection not j s t due
21 Total due from members
22 Deduct estimated cost of collection
23 Net amount due from members
Total assets
1940 00
36870 00
38810 00
9702 50
150 00
500 00
29108 50
29758 50
VILIABILITIES
7 Borrowed money including 15000 interest due or accrued
on bond account 6650 00
8 To officers or others for advances on account of expenses
of organization 3000 00
9 Amount of all other liability viz Balance due upon furni
ture and machine 33 90
Total liabilities
8683 9050
COMPTROLLERGENERALS REPORT
Business in the State of Georgia during the year
No Amount
Policies or certificates in force December 31 1905 6324 180962 00
Policies or certificates written during the year 1906 14791 421373 00
Total 21115
Deduct number and amount which have ceased to be in
force during 1906 5764
Total policies in force December 31 1906I535J
Losses and claims on policies or certificates incurred
during the year 1906
Losses and claims on policies or certificates paid during
the year
602335 00
211292 00
39C043 00
22625 10
22625 10
ATLANTA MUTUAL LIVE STOCK INSURANCE COMPANY OF
GEORGIA
H E Whaley VicePresident D B Hollis Secretary
Principal Office Insurance Commissioner State Capitol
Hon Wm A Wright Atlanta Attorney for Service in Georgia
IIINCOME DURING YEAR 1906
I Membership fees
3 Assessments
5888 00
1782 50
Total paid by members
7 Cash received fnun all other sources viz Cash advanced
by officers 60000 fees due by members on notes 183
40 total
Total income
7670 50
3 40
8453 90
IIDISBURSEMENTS DURING VKAK I9OO
1 Losses and claims 2375
3 Commissions and fees retained by or paid to agents 2630 75
5 Salaries and traveling expenses of managers of agencies
and general special and local agents 499 50
0 Medical examiners fees whether paid direct by members
or otherwise 4 00
7 Salaries and other compensation of officers and other office
employees 955 55
8 Rent 30000 taxes 29684 596 84
10 Advertising 26000 blanks and printing 83623 1133 7
Total disbursements
8188 71COMPTROLLERGENERALS REPORT 505
IVINVESTED ASSETS
6 Cash in office 255
10 Total net or ledger assets 265 19
VCOXTIXGKXT A LlS
16 Due from members for claims not yet assessed 250 00
31 Total due from members 183 4
24 All other assets viz Office fixtures and stock on hand 500 00
Total assets 933 40
VILIABILITIES
2 Losses in process of adjustment or adjusted and not due
number of claims 1 0 00
3 Losses reported for which assessments have not been made
number of claims 1 10 00
4 Losses resisted by the company number of
claims 1 100 00
Total liabilities 250 00
Business in the State of Georgia during the year
No Amount
Policies or certificates in force December 31 1906 1580 170100 00
Deduct number and amount which have ceased to be
in force during 1906 25 2 00
Total policies in force December 31 1906 1330 145460 00
Losses and claims on policies or certificates unpaid De
cember 31 1906 25
Losses and claims on policies or certificates incurred
during the year 1906 285 00
Losses and claims oh policies or certificates paid during
the year 1906 237 00506
COMPTROLLERGENERALS REPORT
BANKERS HEALTH AND LIFE INSURANCE COMPANY OF
GEORGIA
P L Hay President
P C Carries Secretary
Principal Office 509 Second Street Macon Ga
Glawson Fowler Macon Attorneys for Service in Georgia
1 la
Amount of net or ledger assets December
year
31st ot previous
IS8 IS
IIINCOME DURING YEAR I906
1 Membership fees
2 Annual dues
1666 35
28392 45
otal paid by members
5 I merest
6 Rents
7 Cash received from all other sources viz Officers and di
rectors of the company
Total income
30058 80
175 00
50 00
2250 00
32533 80
IIIDISBURSEMENTS DURING YEAR 1906
8335 80
78 30
1 Losses and claims
2 Annual payments and assessments returned
to members
Total paid to members t
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 ravelin expenses of managers of agencies
and general special and local agents
7 Salaries and other compensation of officers and other office
employees
8 Rent 8o oo taxes 31300
10 Advertising 25500 blanks and printing 44550
11 All other items viz Fuel lights postage express attor
neys fees etc
Total expenses footings of items 3 to IT 24004 10
8414 10
19299 45
1875 40
214 10
374 55
1119 00
700 50
421 10
Total disbursements
32418 20COMPTROLLERGENERALS REPORT 507
IV INVESTED ASSETS
5 Cost value of bonds and stocks owned absolutely 5
6 Cash in office 73 75
7 Cash deposited in hanks on reserved fund account Ameri
can National Bank Macon Ga 200 00
Total net or ledger assets 5 273 75
Business in the Stat g the year
No Amoi it
Policies on certificates in force December 31 1905 3868 77360 00
Policies or certificates written during the year 1906 15870 349140 00
Total 10738 426500 00
Deduct number and which have ceased fo be
in force during 1906 9786 215292 00
Total policies in force December 31 1906 9952 210208 00
Losses and claims on policies or certificates incurred
during the year 1906 8335 80
1 policies or certificates paid dur
ing the ear 1906 8335 80
COMMONWEALTH INSURANCECOMPANY OF GEORGIA
W H Austin President A C Huber Secretary
Principal Office 320 Temple Court Atlanta Ga
Robert O Lovett Atlanta Attorney for Service in Georgia
rbalance sheet
Amount of net or ledger assets December 31st of previous
year 1872 29
IIINCOME DURING YEAR 1906
I Membership fees 2161 94
Total income 2161 94
IIIDISBURSEMENTS DURING YEAR 906
3 Commissions and fees retained by or paid to agents 1636 69
4 Commissions and fees retained by or paid to officers and
directors 80 00508 COMPTROLLERGENERALS REPORT
7 Salaries and other compensation of officers and other office
employees
8 Rent 29000 taxes 5513
10 Advertising 1300 blanks and printing 2572 city li
censes 5000
11 All other items viz Stamps etc 4006 return premi
ums 3366
Total disbursements
IVINVESTED ASSETS
I Cost value of real estate in cash exclusive of all incum
brances
6 Cash in office
Total net or ledger assets
VCOXTI NOKXT ASSETS
20 Annual payments or premiums in process of
collection not yet due 1574 6
22 Deduct estimated cost of collection 157 48
23 Net amount due from members
24 All other assets viz Due from members not yet assessed
contingent liabilities as per bylaws
Total assets
VILIABILITIES
4 Losses resisted by the company number of claims 12
Total liabilities
Business in tin Stale of Georgia during tin year
No
Policies or certificates in force December 31 1905 70
Policies or certificates written during the year 1910 83
Total IS3
Deduct number and amount which have ceased to be in
force during 1906 91
Total policies in force December 31 1906 62
987 79
345 13
88 72
3212 05
822 17
697 40
1519 57
I4I7 3S
28872 40
31S09 35
9400 89
9400 89
Amount
73 00
54162 50
101035 50
5027 61
50797 81COMPTROLLERGENERALS REPORT
509
CONTINENTAL AID ASSOCIATION OF GEORGIA
B M Cross President LeRoy Smith Secretary
Principal Office Room 18 Grant Building Atlanta Ga
B M Cross Atlanta Attorney for Service in Georgia
IBALANCE SHEET
Amount of net or ledger assets December 31st of previous
year
IIINCOME DURING YEAR IC
i Membership fees
2 Annual dues
1104 90
25898 36
Total paid by members
7 Cash received from all other sources viz Donation from
officers
1 Losses and claims
2 Annual payments and assessments returned
to members
9 65
Total paid to members
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 Rent 477Oo taxes 60119
id Blanks and printing
11 All other items viz Miscellaneous expenses
Total expenses footings of items 3 to II 19649 43
Total disbursements
IVINVESTED ASSETS
5 Cost value of bonds and stocks owned absolutely
6 Cash in office
8 Agents ledger balances
9 All other ledger assets viz Furniture and fixtures
Total
Less liabilities
10 Total net or ledger assets less liabilities
4857 23
27003 26
565 19
Total income 27568 45
IIIDISBURSEMENTS DURING YEAR I906
7945 30
7954 95
2806 85
I4452 63
1078 19
258 26
953 50
27504 33
5100 00
100 00
67 75
182 82
5450 57
529 27
4921 30510 COMPTROLLER l iNERALS REPORT
VCOXTI XGKNT ASSETS
12 Interest accrued 200 00
19 Annual payments or premiums due and un
paid on m ps in Force 71590
20 Annual its or premiums in process f
coll 1 20
21 Total due from members i0
22 Deduct estimated cost i 1002
23 N1 lue from mi mliers 6000 1 2
216
VI i
6 F 520 27
r
529 2
No Amount
8 75
06
TOta
Deduct number and amount wl

Total poli 7
licies or certificates im
during 06
Losses and claims on policies 01 1 id during
the year 1906 pCOMPTROLLERGENERALS REPORT
511
COTTON MILL MUTUAL FIRE INSURANCE COMPANY OF
AUGUSTA GEORGIA
James P Verdery President Peieg A Rhodes Secretary
Principal Office 8 Miller VVa kt Buil usta Ga
Bryan Cumming Augusta Attornei Service in Georgia
IIASSETS
t Market value of real estate owned by the company less the
amount of incumbrances thereon
II Total amount loaned on stocks bonds and all other securi
ties except mortgages
13 Cash belonging to the company deposited in bank National
Exchange Bank 155304 Merchants Bank 106633
Augusta Savings Bank 72283 Planters Loan and Sav
ings Bank 120 total
16 Interest due and accrued on collateral loans and uncollected
17 Cash in hands of agents and in course of transmission
All other assets both real and personal viz Contii
assets
20 Total amount of all liabilities except net surplus
23 Surplus beyond capital and all other liabilities
10000 00
6100 00
3343 40
185 76
304 34
121135 30
Total assets of the company actual cash market value
IIILIABILITIES
7 Gross premiums without any deduction received and receiv
able upon all unexpired fire risks running one year or less
from date of policy 2422706 unearned premiums fifty
per cent 12113 53
Amount of borrowed money 1500 00
I36i3 53
127455 27
24 Aggregate amount of all liabilities including net surplus 141068 80
IVINCOME DURING THE YEAR
Fire Risks
I Gross premiums and bills in course of collec
tion at close of last previous year as shown
by that years statement 2396 24
3 Net collected 2396 24
4 Cross premiums on risks written and re
newed during the year 24227 06
Tota
26623 30a

512 COMPTROLLERGENERALS REPORT
6 Deduct premiums and bills in course of col
lection at this date 304 34
7 Entire premiums collected during the year
cash 2422706 26318 96
8 Deduct reinsurance and return premiums 2091 90
9 Net cash actually received for premiums carried out
11 Received for interests and dividends on stock and bonds
collateral loans and from all other sources
12 Income received from all other sources viz Rents
15 Aggregate amount of income actually received during the
year in cashI
VEXPENDITURES DURING THE YEAR
Firfe Risks
3 Net amount paid during the year for losses 8191 44
4 Cash dividends actually paid stockholders amount of stock
holders 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 travel and
office expenses
Aggregate amount of actual expenditures during the
year in cash
Business in the State of Georgia during the year
Eire risks written
Premiums received gross
Losses paid
24227 06
ioS8 69
764 16
26079 91
18225 25
4750 00
194 23
1648 07
24817 55
517554 00
4103 78
631 27COMPTROLLERGENERALS REPORT
513
EMPIRE MUTUAL ANNUITY AND LIFE INSURANCE COMPANY
OF GEORGIA
Wm W Reid President Thos M Callaway Secretary
Principal Office Peters Building Atlanta Ga
Wm W Reid Atlanta Attorney for Service in Georgia
IBALANCE SHEET
Amount of net or ledger assets December 31st of previous
year
IIINCOME DURING YEAR I906
2 Premium income
5 Interest
7 Cash received from all other sources 6742500 advances
to agents returned 226384 total
Total income
123310 21
118920 15
1470 64
69688 84
190079 63
IIIDISBURSEMENTS DURING YEAR I90O
1 Losses and claims
2 Dividends
9000 00
44199 11
Total paid to members 53199 11
3 Commissions and fees retained by or paid to agents 34665 56
5 Salaries and traveling expenses of managers of agencies and
general special and local agents 8994 35
6 Medical examiners fees whether paid direct by members
or otherwise 2771 40
7 Salaries and other compensation of officers and other office
employees 8096 84
8 Rent 102000 taxes 93710 1957 10
9 Advanced to officers and agents to be repaid out of future
salaries or commissions 2285 56
10 Advertising 114398 blanks and printing 62027 1764 25
11 All other items viz License 53700 office expense 1
72205 payment on reserve liability 816556 10424 61
Total expenses footings of items 3 to 11 62794 11
Total disbursements 124158 78
IVINVESTED ASSETS
5 Cost value of bonds and stocks owned absolutely
6 Cash in office
33 in
21937 50
3761 24514
COMPTROLLERGENERALS REPORT
Advance reserve fund
Loans to members
Guarantee capital notes secured by certificates
8 Agents ledger balances
q All ether ledger assets viz Premium notes and liens 22
52094 furniture 133680
25000 00
40261 84
36005 00
38407 74
2385 74
189231 06
Total net or ledger assets
VCONTINGENT ASSETS
2 Interest due 324799 and accrued 51067 3758 66
19 Annual payments or premiums due and un
paid on memberships in force less than
six months overdue 955 22
20 Deferred payments 5871 66
21 Total due from members
22 Deduct estimated cost of collection
15421 88
77i 09
23 Net amount due from members
Total assets
VILIABILITIES
on installment policy claims
14650 79
5 Present value future payments
discount 4 per cent
Net premium reserve 11466919 surplus 6412103
18409 45
28852 29
178790 22
Total liabilities
Business in the State of Georgia during the year
No
Policies or certificates in force December 31 1905 i254
Policies or certificates written during the year 1906 738
207640 51
Amount
30340 00
17432 00
Total J2
Deduct number and amount which have ceased to be in
force during 1906
478
47772 00
10320 00
Total policies in
force December 31 1906 I5M
37452 00
Losses and claims on policies or certificates incurred
during the year 1906 annuity I2
Losses and claims on policies or certificates paid during
the year 1906 annuity 2
3625 00
7700 00COMPTROLLERGENERALS REPORT
515
FARMERS COOPERATIVE LIVE STOCK INSURANCE COMPANY
OF GEORGIA
M EL Blount President P L Watson Secretary
Principal Office Swainsboro Ga
Saffold Larson Swainsboro Attorneys for Service in Georgia
IIINCOME DURING YEAR 1906
I Membership fees 2615 00
3 Assessments 988 32
Total income 3603 32
IIIDISBURSEMENTS DURING YEAR I906
I Losses and claims 823 60
3 Commissions and fees retained by or paid to agents 1509 54
4 Commissions and fees retained by or paid to officers and
directors 164 72
5 Salaries and traveling expenses of managers of agencies and
general special and local agents 325 28
7 Salaries and other compensation of officers and other office
employees 242 46
8 Rent 6oco taxes 7800 138 00
10 Advertising 6000 blanks and printing 221ro 281 00
11 All other items viz Charter 10000 typewriter 7500
office furniture 1500 190 00
Total expenses footings of items 3 to II 2751 00
Total disbursements 3574 60
IVINVESTED ASSETS
6 Cash in office 28 72
10 Total net or ledger assets 28 72
Business in the State of Georgia during the year
No Amount
Policies or certificates written during the year 1906 697
Deduct number and amount which have ceased to be in
force during 1906 46
Total policies in force December 31 1906 651
Losses and claims on policies or certificates unpaid De
cember 31 1906 2516
COMPTROLLERGENERALS REPORT
Losses and claims on policies or certificates incurred
during the year 1906
Losses and claims on policies or certificates paid during
the year 1906
823 00
FARMERS COOPERATIVE FIRE INSURANCE COMPANY OF
GEORGIA
A W Walker President John T Goodman Secretary
Principal Office Jackson Butts County Georgia
J F Carmichael Jackson Attorney for Service in Georgia
IBALANCE SHEET
Amount of net or ledger assets December 31st of previous
year 123 50
IIINCOME DURING lEAR 1906
Membership fees 5194 95
3 Assessments for losses by fire 5385 50
Total income 10580 45
111DISBURSEMENTS DURING YEAR UJ06
I Losses and claims 5385 50
3 Commissions and fees retained by or paid to agents 4702 48
4 Commissions and fees retained by or paid to officers
directors 314 00
5 Salaries and traveling expenses of managers of agencies and
general special and local agents 135 45
8 Insurance commissioners fees 40 00
10 Advertising 1000 blanks and printing 4578 55 78
Total disbursements 10663 i
IVINVESTED ASSETS
6 Cash in office 40 75
10 Total net or ledger assets 40 75
Business in the State of Georgia during the year
No Amount
Policies or certificates in force December 31 1905 2919 2657206 00
Policies or certificates written during the year 1906 1077 1152024 00
Total 3996 3809230 00
COMPTROLLERGENERALS REPORT
517
Deduct number and amount which have ceased to be in
force during 1906 138
43873 00
Total policies or certificates in force December 31
r903 3858 3755357 00
FARMERS FJRE INSURANCE COMPANY OF GEORGIA
H C Fears President T M Douglas Secretary
Principal Office Madison Ga
W D Anderson Madison Attorney for Service in Georgia
IINCOME DURING YEAR IQ06
3 Assessments 512 95
7 Cash received from all other sources 105 05
Total income 618 00
IIIDISBURSEMENTS DURING YEAR 1966
I Losses and claims 425 00
4 Commissions and fees retained by or paid to officers and
directors 15 00
5 Salaries and traveling expenses of managers of agencies and
general special and local agents 100 00
8 Taxes 43 00
II All other items 35 00
Total disbursements 618 00
Business in the State of Georgia during the year
No Amount
Policies or certificates in force December 31 1906 313 231607 00
Losses and claims on policies or certificates incurred
during the year 1906 425 00
Losses and claims on policies or certificates paid dur
ing the year 1906 423 00518
COMPTROLLERGENERALS REPORT
FARMERS MUTUAL FIRE INSURANCE COMPANY OF GEORGIA
J W West President Eli B Manning Secretary
Principal Office Dawson Ga
Lee M Jordan Atlanta Attorney for Service in Georgia
IIINCOME DURING YEAR tOOO
1 Membership fees
2 Annual dues
3 Assessments
500 00
185 00
2102 65
Total paid by members
Total income
IIIDISBURSEMENTS DURING YEAR IO06

787 6s
278765
1 Losses and claims 2102 65
2 Annual payments and assessments returned
to members 148 00
Total paid to members
3 Commissions and fees retained by or paid to agents
Total disbursements
2250 65
537 00
2787 65
Business in the State of Georgia during the year
No Amount
Policies or certificates in force December 31 1905 1709 1864000 00
Policies or certificates written during the year 1906 90 100000 00
Total 1799 196400000
Deduct number and amount which have ceased to be in
force during 1906 1125 1254000 00
Total policies in force December 31 1906 674 710000 00
Losses and claims on policies or certificates unpaid De
cember 31 1906
Losses and claims on policies or certificates incurred
during the year 1906 21
1
2102 65
Total 22 2302 65
Losses and claims on policies or certificates paid during
the year 1906 21 M0 hCOMPTROLLERGENERALS REPORT
519
FIRE INSURANCE COMPANY OF GEORGIA
B F Drake President F B Williams Secretary
Principal Office Dallas Paulding County Georgia
GATE CITY FIRE INSURANCE COMPANY OF GEORGIA
J L Caldwell President D M Graw Secretary
Principal Office 316 Temple Court Atlanta Ga
W I Heyward Atlanta Attorney for Service in Georgia
IIINCOME DURING YEAR I906
1 Total premiums 4621 50
5 Interest 7 45
7 Cash received from all other sources viz Borrowed money 157 00
Total income 485 95
IIIDISBURSEMENTS DURING YEAR 1906
2 Return premiums I21 29
3 Commissions and fees retained by or paid to agents 1645 50
5 Salaries and traveling expenses of managers of agencies and
general special and local agents 134 4
7 Salaries and other compensation of officers and other office
employees l291 D0
8 Rent 10350 taxes 14845 251 95
9 Advanced to officers and agents to be repaid out of future
salaries or commissions 73 3
10 Blanks and printing 54 50
11 All other items viz Miscellaneous expense 21257 ex
change 558 paid on loan 4408 total 262 23
Total disbursements 3835 l
IVINVESTED ASSETS
6 Cash in office IQ 79
7 Notes on hand 931 00
8 Agents ledger balances 4r 3
10 Total net or ledger assets 996 82520
COMPTROLLERGENERALS REPORT
VCONTINGENT ASSETS
20 Annual payments or premiums in process of
collection not yet due 345 83
22 Deduct estimated cost of collection 34 58
23 Net amount due from members 3 25
24 All other assets viz Due from members not yet assessed
as per bylaws 21389 40
Total assets 22697 47
VILIABILITIES
4 Losses resisted by the company number of claims 6 3800 00
7 Borrowed money 112 92
9 Amount of all other liability viz Due agents to be paid
when certain notes are paid 333 53
Total liabilities
Business in the State of Georgia during the year
No
Policies or certificates written during the year 1906 242 3
Deduct number and amount which have ceased to be in
force during 1906 10
Total policies in force December 31 1906
Losses and claims on policies or certificates incurred
during the year 1906 5
4246 45
Amount
158745 00
8000 00
150745 00
2800 00
GEORGIA COOPERATIVE FIRE INSURANCE COMPANY OF
GEORGIA
Y F Reid President Edw A Smith Secretary
Principal Office 16 and 18 Southern Hank Building Savannah Ga
Robt M Hitch Savannah Attorney for Service in Georgia
IBALANCE SHEET
Cash on hand December 31 1906 761 92
It I COMIC DURING YEAR 1906
2 Annual dues class 1 369912
3 Assessments classes 1 and C 11961 76
Total paid by members 15660 88
COMPTROLLERGENERALS REPORT 521
7 Cash received from all other sources viz Ledger accounts
18870 E A S ledger accounts 6400 bills payable
class A 14000 totalJ
m 16053 58
Total income
IIIDISBURSEMENTS DURING YEAR IO06
3840 S3
i Losses and claims g
3 Commissions and fees retained by or paid to agents 7W 4
a Agents shortage
7Salaries and other compensation of officers and other office
employees 75 40
8 Commuted commissions V i 1
9 Advanced to officers and agents to be repaid out of future
salaries or commissions 211 79
io Advertising blanks and printing
H All other items viz Sundry bills 30965 attorney fees
and traveling expenses 70804 bills payable class A
30000 total
Total expenses footings of items 3 to II 12269 80
16110 33
Total disbursements
IVINVESTED ASSETS
I Cost value of real estate in cash exclusive of all incum
brances 16 62
6 Cash in office
7 Cash deposited in banks on reserved fund account Com
meroial 8g 00
Bills receivable premium notes
8 Ledger assets 1
9 All other ledger assets viz Charter office fixtures and
material
3466 11
10 Total net or ledger assets
VCONTINGENT ASSETS
18 Mortuary assessments not yet due class B 3135 60
19 Annual payments or premiums due and un
paid on memberships in force class C 1 549 40
20 Annual payments or premiums in process of
collection not yet due class D 4A 9
21 Total due from members l 774 2
22 Deduct estimated cost of collection 210 1
1 15958 14
23 Net amount due from members
m 15958 14
Total assets
522 COMPTROLLERGENERALS REPORT
VILIABILITIES
2 Losses in process of adjustment or adjusted and not due
number of claims 5
7 Bills payable class A
Total liabilities
Business in the State of Georgia during the year
No
Weekly class B 530
Monthly class C I 532
Yearly class D 497
Total policies in force December 31 1906 2568 S
Losses and claims on policies or certificates unpaid De
cember 31 1905 fire 5
Losses and claims on policies or certificates paid during
the year 1906 5
302 50
140 00
442 50
Amount 60 30 062 45 4089 28
5112 03
302 50 3840
MAX MUTUAL FIRE INSURANCE COMPANY OF GEORGIA
C K Konemann President Fred Wessels Jr Secretary
U H McLaws Savannah Attorney for Service in Georgia
IBALANCE SHEET
Amount of net or ledger assets December 31st of previous
year January 31 1906 2855 45
II INCOME DURING YEAR 1906
5 Interest 3l 66
7 Cash received from all other sources U577 75
Total income 680 41
IIIDISBURSEMENTS DURING YEAR 1906
I Losses and claims 0
7 Salaries and other compensation of officers and other office
employees 0 00
8 Taxes 28
to Advertising 157 50
11 All other items viz Interest 30000 sundries 28654 58654
Total disbursements 2600 COMPTROLLERGENERALS REPORT
IVINVESTED ASSETS
7 Cash deposited in banks on reserved fund account Com
mercial Bank 1243597 Germania Bank 100000 Na
tional Bank 100000
8 Agents ledger balances
9 All other ledger assets
523
1435 97
I063 S3
217 95
Total net or ledger assets 16217 75
VCONTINGENT ASSETS
19 Annual payments or premiums due and un
paid on memberships in force 1563 83
24 All other assets viz Assessments not due 47240 31
Total 48804 14
Total assets 6521 89
VILIABILITIES
9 Amount of all other liability viz Guarantee fund 9350 00
Total liabilities 9450 00
Business in the State of Georgia during the year
No Amount
Policies or certificates in force December 31 1905 307 306569 00
Policies or certificates written during the year 1906 456 496640 00
Deduct number and amount which have ceased to be in
force during 1906 33 24237 88
Total policies or certificates in force December
31 1906
423
472402 12
Losses and claims on policies or certificates incurred
during the year 1906
Losses and claims on policies or certificates paid during
the year 1906
304 33
304 524
COM PTROLLERGENERALS REPORT
GEORGIA LIVE STOCK INSURANCE COMPANY OF GEORGIA
P D Phillips President J J Roberts Secretary
Principal Office Tifton Ga
J J Roberts Tifton Attorney for Service in Georgia
rBALANCE SHEET
Amount of net or ledger assets December 31st of previous
year
II IfJCOME DURING YEAR 1906
1 Membership fees 13588 94
2 Annual dues 7 58
3 Assessments 5819 1
Total paid by members J
7 Cash received from all other sources viz Borrowed from
bank
Total paid to members J
3 Commissions and fees retained by or paid to agents
7 Salaries and other compensation of officers and other office
employees
8 Rent 14750 taxes 16782
9 Advanced to officers and agents to be repaid out of future
salaries or commissions
10 Advertising 5348 blanks and printing 71326
11 All other items viz Postage and general expenses 4020
interest 3085
Total disbursements
17 62
I94T5 85
Total income 2002S 0
IIIDISBURSEMENTS DURING YEAR 1936
I Losses and claims 8632 50
8632 50
6782 23
198s 30
3 IS 32
91 4
71
433 77
10007 28
IVINVESTED ASSETS
6 Cash in office 4 84
8 Agents ledger balances 675 00
9 All other ledger assets viz Office furniture and fixtures 325 00
10 Total net or ledger assets IX q
11 Deduct depreciation from cost of assets to bring same to
market value
l5 3
Total net or ledger assets less depreciation
878 57COMPTROLLERGENERALS REPORT 525
VCONTINGENT ASSETS
16 Due from members for claims not yet as
sessed 823517
20 Annual payments or premiums in process of
collection not yet due 4 35
21 Total due from members 8239 52
22 Deduct estimated cost of collection 75 00
23 Net amount due from members 8164 S2
Total assets 9043 09
VILIABILITIES
2 Losses in process of adjustment or adjusted and not due
Number of claims
3 Losses reported for which assessments have not been made
Number of claims 5
4 Losses resisted by the company Number of claims 24
5 National State or other taxes due
6 For salaries rents and office expenses
7 Borrowed money including 3085 interest due or accrued
Total liabilities 7706 10
Business in the Stale of Georgia during lite year
No Amount
Policies or certificates in forceDecember 31 1905 35 5155 00
Policies or certificates written during the year 1906 4085 526825 00
Total 4120 531980 00
Deduct number and amount which have ceased to be in
force during 1906 192S 286920 00
Total policies or certificates in force December
31 1906 2192 24506000
Losses and claims on policies or certificates incurred
during the year 1906 130 T4942 50
Losses and claims on policies or certificates paid dur
ing the year 1906 83 8632 50
417s 00
525 00
213s 00
40 00
190 So
640 60
526 COMPTROLLERGENERALS REPORT
GINNERS MUTUAL INSURANCE COMPANY OF GEORGIA
T C Shackelford President M M Stephenson Secretary
Principal Office Clayton Street Athens Ga
IIINCOME DURING YEAR 1936
i Membership fees 25 per cent initial pre
mium 5881 24
2 Short rate premium No 717 13 52
3 Assessments 35 per cent of gross premiums 6412 46
Total paid by members
Total income
IIDISBURSEMENTS DURING YEAR l0j
I Losses and claims
3 Commissions and fees retained by or paid to agents 84550
commission to E Elder 533
5 Salaries and traveling expenses of managers of agencies and
general special and local agents
8 Taxes
10 Advertising 80563 blanks and printing 44180 less
10000 on hand 34180
11 Ail other items vi Expense express postage etc
12307 22
12307 2i
854 44
850 88
2368 3
64 71
1147 43
517 84
Total disbursements
5803 6
IVINVESTED ASSETS
6 Cash in office
All other deposits Georgia National Hank
8 Agent ledger balances
AH other ledger assets vi Supplies etc
Total net or ledger assets
65 50
6165 38
72 7
too 00
6503 0
VCONTINGENT ASSETS
17 Mortuary assessments due and unpaid sus
pended 129336
18 Mortuary assessments not yet due 7904 60
19 Annual payments or premiums due and un
paid on memberships in force 25 00
Total
Total assets
9222 96
I5726 56COMPTROLLERGENERALS REPORT 527
VILIABILITIES
2 Losses in process of adjustment or adjusted and not due
Number of claims 3 4 4764 92
Total liabilities 4764 92
Business in the State of Georgia during the year
No Amount
Policies or certificates written during the year
1906 279 494598 50
Deduct number and amount which have ceased to
be in force during 1906 no 18699000
Total policies in force December 31 1906 169 307608 50
Losses and claims on policies or certificates in
curred during the year 1906 14 56n 61
Losses and claims onpolicies or certificates paid
during the year 1906 n 846 69
GREAT SOUTHERN HOME INDUSTRIAL ASSOCIATION
W L Lauderdale President E D Coleman Secretary
Principal Office 1727 Third Avenue Birmingham Ala
W H C Tate Atlanta Attorney for Service in Georgia
IBALANCE SHEET
Amount of net or ledger assets December 31st of previous
year h
IIINCOME DURING YEAR 1906
14013 70
1 Membership fees
2 Annual dues
1258 80
546l2 36
Total paid by members 55871 16
5 Interest
6 Rents
Total income
HIDISBURSEMENTS DURING YEAR I906
14S 00
247 50
56263 66
I Losses and claims
3 Commissions and fees retained by or paid to agents
33233 36
16274 5254493 29
15500 oo
500 oo
i204 45
21500 00
9450 oo
To75 75
528 COMPTROLLERGENERALS REPORT
4 Commissions and fees retained by or paid to officers and
directors oo 00
8 Rent 155400 taxes 4590 i599 90
10 Advertising and printing 12S 6
11 All other items Legal expenses 58575 license 26500 850 75
Total disbursements
IVINVESTED ASSETS
I Cost value of real estate in cash exclusive of incumbrances
6 Cash in office
7 Cash deposited in banks on reserved fund account Ala
bama Penny Savings Bank
All other deposits Anniston bonds deposited with Treas
urer 6000 00 certified real estate assets 1550000
8 Agents ledger balances
9 All other ledger assets viz Furniture
Total net or ledger assets
VCONTINGENT ASSETS
12 Interest due and accrued
13 Rents due and accrued
14 Market value of real estate
15 Market value of bonds and stocks
19 Annual payments or premiums due and un
paid on memberships in force 2300 20
20 Annual payments or premiums in process of
collection not yet due 86723 80
21 Total due from members 89024 00
22 Deduct estimated cost of collection 17804 80
23 Net amount due from members 7r2I9 20
Total assets
VILIABILITIES
6 For salaries rents and office expenses 950 00
8 To officers or others for advance on account of expenses of
organization 450 00
Total liabilities 1400 00
1578407
145 00
304 00
15500 00
6000 00
108952 27COMPTROLLERGENERALS REPORT 529
Business in the State of Georgia during the year
No Amount
Policies or certificates in force December 31 1905 5071 508 34
Policies or certificates written during the year 1906 6756 135120 00
Total 11827 13562834
Deduct number and amount which have ceased to be in
force during 1906 3372 77440 00
Total policies in force December 31 1906 8455 58188 34
Losses and claims on policies or certificates incurred
during the year 1906 753
Losses and claims on policies or certificates paid dur
ing the year 1906 753
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 Savannah Attorney for Service in Georgia
rBALANCE SHEET
Amount of net or ledger assets December 31st of previous
year
86
IIINCOME DURING YEAR 1906
1 Membership fees
2 Annual dues
562 75
9696 75
Total paid by members f
5 Interest
7 Cash received from all other sources viz Borrowed money
10259 50
Total income
IIIDISBURSEMENTS DURING YEAR I906
1 Losses and claims 2766 95
2 Annual payments and assessments returned
to members 9 SS
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
Jlln
2776 50
3366 28
I589 05
5S0
COMPTROLLERGENERALS REPORT
7 Salaries and other compensation of officers and other office
employees
8 Rent 39500 taxes 24881
10 Advertising 12780 blanks and printing 10800
11 All other items viz Furniture 16830 postage and inci
dentals 26973 interest 48363 paid on borrowed
money 25000 cost of bonds 522500
Total disbursements
782 00
643 81
235 80
6396 66
15790 10
IVINVESTED ASSETS
5 Cost value of bonds and stocks owned absolutely 5225 00
6 Cash in office 181 28
9 All other ledger assets viz Furniture and fixtures 225 00
1 net or ledger assets
5631 28
VCONTINGENT ASSETS
19 Annual payments or premiums due and un
paid on memberships in force 413 65
20 Annual payments or premiums in process of
collection not yet due 18760 40
21 Total due from members
22 Deduct estimated cost of collection
23 Net amount due from members
Total assets
19174 05
4793 51
i438o 54
20011 82
VILIABILITIES
7 Borrowed money 58oo 00
Total liabilities 5800 00
Business in the State of Georgia during the year
No Amount
Policies or certificates in force December 31 1905 2233 5358500
Policies or certificates written during the year 1906 6946 166704 00
Total 9179 220289 00
Deduct number and amount which have ceased to be in
force during 1906 3474 80395 00
Total policies or certificates in force December
311906 1 5705 13989400COMPTROLLERGENERALS REPORT
531
Losses and claims on policies or certificates incurred
during the year 1906 811 2766 95
Losses and claims on policies or certificates paid during
the year 1906 811 2766 95
HOME FRIENDLY SOCIETY OF MARYLAND
Geo A Chase President B L Talley Secretary
Principal Office 1026 Linden Avenue Baltimore Md
Geo L DeGant Atlanta Attorney for Service in Georgia
IBALANCE SHEET
Amount of net or ledger assets December 31st of previous
year 60797 71
IIINCOME DURING YEAR 1906
i Membership fees
3 Assessments
4 For stationery and duplicates
951 40
311642 02
259 76
Total paid by members 312853 18
5 Interest 341 25
7 Cash received from all other sources viz Advances to
agents returned 70838 agents bonds 40000 1108 38
Total income 314302 81
IIIDISBURSEMENTS DURING YEAR I906
1 Losses and claims 158012 34
2 Annual payments and assessments returned
to members and dividends 1756 20
Total paid to members 159768 54
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 office
employees
8 Rent 173835 taxes 332696
9 Advanced to officers and agents to be repaid out of future
salaries or commissions 1251 59
10 Advertising blanks and printing 7065 85
38619 44
54852 84
2433 io
29555 41
5065 31532
COMPTROLLERGENERALS REPORT
II All other items viz Interest 39145 real estate expense
4500 furniture 35700 postage 65988 atttorneys
fees 17000 agents bond repaid 28296 all other items
expense account 444408
6350 37
Total disbursements 304962 45
IVINVESTED ASSETS
i Cost value of real estate in cash exclusive of all incum
brances 86S
5 Cost value of bonds and stocks owned absolutely 29476 85
6 Cash in office 3496 54
All other deposits In Baltimore banks 2137436 on de
posit at agencies 39 32
9 All other ledger assets viz Bills receivable 4040 00
10 Total net or ledger assets 70138 07
11 Deduct depreciations from cost of assets to bring same to
market value 925 35
Total net or ledger assets less depreciation 69212 72
VCONTINGENT ASSETS
12 Interest due 46850 and accrued 46850
14 Market value of real estate over cost
17 Mortuary assessments due and unpaid on
memberships in force 6230 98
22 Deduct estimated cost of collection 623 10
23 Net amount due from members
24 All other assets viz Balance due on fire insurance
Total assets
viliabilities
1 Losses due and unpaid Number of claims 1
Total liabilities
937 00
15750 00
5607 88
3875 00
95382 60
1000 00
1000 00
Business in the State of Georgia during the year
No Amount
Policies or certificates in force December 31 1905 5620 397640 00
Policies or certificates written during the year 1906 353 247100 00
Total 9150
Deduct number and amount which have ceased to be in
force during 1906 1779
644740 00
124690 00
Total policies in force December 31 1906 7371 520050 00COMPTROLLERGENERALS REPORT 533
Losses and claims on policies or certificates unpaid De
cember 31 1905 1 50000
Losses and claims on policies or certificates incurred
during the year 1906 4921 1734078
Total 4922 17840 78
Losses and claims on policies or certificates paid during
the year 1906 4922 17840 78
INDUSTRIAL LIFE AND HEALTH INSURANCE COMPANY
J W McEachern President I M Sheffield Secretary
Principal Office 502511 Austell Bldg Atlanta Ga
Walter McElreath Atlanta Attorney for Service in Georgia
IBALANCE SHEET
Amount of net or ledger assets December 31st of
previous year
IIINCOME DURING YEAR I906
1 Membership fees 1224670
2 Annual dues 401060 00
31765 88
Total paid to members
5 Interest
Total income
IIIDISBURSEMENTS DURING YEAR I906
413306 70
490 40
413797 10
1 Losses and claims Death 2467635
sick 11129090 135967 25
2 Annual payments and assessments re
turned to members 3168 20
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 agen
cies and general special and local agents
7 Salaries and other compensation of officers and other
office employees
8 Rent 642549 taxes 724812
10 Advertising 301763 blanks and printing 341385
139135 45
183293 12
49536 48
13476 97
6146 00
13673 61
6431 48534
COMPTROLLERGENERALS REPORT
II All other items viz Exchange 9865 postage and
express 168894 furniture 88126 telephone and
telegraph 27773 attorneys fee 445360 inciden
tals 112153
Total expenses items 3 to 11 28107937
6521 71
Total disbursements 420214 82
IVINVESTED ASSETS
2 Loans on bond and mortgage first liens on real
estate 900000
5 Cost value of bonds and stocks owned absolutely 11000 00
6 Cash in office 500 56
7 Cash deposited in banks Third National Atlanta
284760 Carolina Trust Company Raleigh N C
50000 3347 60
9 All other ledger assets viz Loan to American As
surance Association 1500 00
10 Total net or ledger assets 25348 16
VCONTINGENT ASSETS
12 Interest due 41500 and accrued 42500
15 Market value of bonds and stocks over cost
19 Annual payments or premiums due and
unpaid on memberships in force 2706 45
20 Annual payments or premiums in proc
ess of collection not yet due 237214 80
21 Total due from members
22 Deduct estimated cost of collection
239921 25
47984 25
840 00
715 00
23 Net amount due from members 191937 00
24 All other assets viz Furniture 820000 books and
blanks 50000 8700 00
Total assets 227540 16
VILIABILITIES
9 Amount of all other liability viz Printing and ad
vertising
Total liabilities
l78o 37
I780 37S5v
COMPTROLLERGENERALS REPORT
Business in the State of Georgia during the year
535
No
Amount
Policies or certificates in force December 31
1905 38408 928665 00
Policies or certificates written during the year
1906 44091 105818400
Total 82499 1986849 00
Deduct number and amount which have ceased
to be in force during 1906 40975 990273 00
Total policies in force December 31 19064524 996576 00
METROPOLITAN MUTUAL BENEFIT ASSOCIATION
P Sheridan Ball President L C Collins Secretary
Principal Office 61 East Alabama Street Atlanta Ga
Wm A Wright Atlanta Attorney for Service in Georgia
IBALANCE SHEET
Amount of net or ledger assets December 31st of
previous year
IIINCOME DURING YEAR I907
1 Membership fees
2 Annual dues
615 10
28634 25
Total paid by members
5 Interest
Total income
29249 35
175 00
29424 35
IIIDISBURSEMENTS DURING YEAR I906
i Losses and claims
2 Annual payments and assessments re
turned to members
12764 31
23 50
Total paid to members 12787 81
3 Commissions and fees retained by or paid to agents 8804 26
5 Salaries and traveling expenses of managers of agen
cies and general special and local agents 116027
6 Medical examiners fees whether paid direct by mem
bers or otherwise S oB536
COMPTROLLERGENERALS REPORT
7 Salaries and other compensation of officers and other
office employees
8 Rent 102720 taxes 6832
10 Advertising 17390 blanks and printing 26970
11 All other items viz Telephone 10035 stamps
4580 license 33000 furniture 18335 expressage
2069 legal fee 18550 miscellaneous including
fuel repairing stationery office books etc 44605
Payment on loans
Total expenses items 3 to 11 1612919
1808 55
1095 52
443 60
t3 74
1500 00
Total disbursements
28917 00
IVINVESTED ASSETS
5 Cost value of bonds and stocks owned absolutely
6 Cash in office
7 Cash deposited in banks on reserved fund account
Metropolitan Mercantile and Realty Company Sav
ings
10 Total net or ledger assets
5200 00
68 10
1000 00
6268 10
VCONTINGENT ASSETS
19 Annual payments or premiums due and
unpaid on memberships in force 28634 25
22 Deduct estimated cost of collection 9544 41
23 Net amount due from members
Total assets
19089 84
25357 94
VI11 ABILITIES
7 Borrowed money 3500 00
Total liabilities 3500 00
Business in the State of Georgia during the year
No Amount
Policies or certificates in force December 31
1905 ui77 27942500
Policies or certificates written during the year
96 31577 473655 00
Total
42754 753o8o 00COMPTROLLERGENERALS REPORT
Deduct number and amount which have ceased
to be in force during 1906 405
Total policies in force December 31
1906 38704
Losses and claims on policies or certificates
incurred during the year 1906 4I40
537
60750 00
692330 00
12025 17
MUTUAL LIFE INDUSTRIAL ASSOCIATION
Jas L Webb President John A Darwin Secretary
Principal Office 15 College Avenue Athens Ga
IBALANCE SHEET
Amount of net or ledger assets December 31st of
previous year
IIINCOME DURING YEAR 1906
59501 33
1 Membership fees
2 Annual dues
3 Assessments
37212 75
23786 82
208656 00
Total paid by members 269655 57
Total income 269655 57
IIIDISBURSEMENTS DURING YEAR I906
2 Annual payments and assessments returned to mem
bers 18144000
3 Commissions and fees retained by or paid to agents 18207 56
4 Commissions and fees retained by or paid to officers
and directors 2721600
5 Salaries and traveling expenses of managers of agen
cies and general special and local agents 3273 10
7 Salaries and other compensation of officers and other
office employees 4726 55
8 Rent 50000 taxes 100086 150086
10 Advertising 27514 blanks and printing 90296 1178 10
11 All other items viz Postage 178178 and other
items 2405531 25837 09
Total expenses items 3 to 118193926
Total disbursements 263379 2S538 COMPTROLLERGENERALS REPORT
IVINVESTED ASSETS
5 Cost value of bonds and stocks owned absolutely 20000 00
6 Cash in office and bank Georgia National 5608 70
7 Cash deposited in banks on reserved fund account 38868 00
8 Agents ledger balances 9C0 94
9 All other ledger assets viz Office fixtures 400 00
10 Total net or ledger assets 65777 64
VCONTINGENT ASSETS
15 Market value of bonds and stocks over cost 4000 00
Total assets 69777 64
Business in the State of Georgia during the year
No Amount
Policies or certificates in force December 31
1906 27244 15437457 00
Policies or certificates written during the year
1906 7836 4576720 00
Total 35o8o 20014177 00
Deduct number and amount which have ceased to
be in force during 1906 10826 4366780 00
Total policies in force December 31
1906 24254 1564739700
Losses and claims on policies or certificates in
curred during the year 1906 212 13783400
Losses and claims on policies or certificates paid
during the year 1906 212 137834 00
THE MUTUAL FIRE INSURANCE COMPANY
M J Morris President J G Portis Secretary
Principal Office 26 12th Avenue Cordele Ga
W H Dorris Cordele Attorney for Service in Georgia
IBALANCE SHEET
Amount of net or ledger assets December 31st of
previous year 550O 04
IIINCOME DURING YEAR I906
Total paid by members 5509 64
Total income 550O g4COMPTROLLERGENERALS REPORT
HIDISBURSEMENTS DURING YEAR I96
I Losses and claims
Total paid to members
3 Commissions and fees retained by or paid to agents
5 Salaries and traveling expenses of managers of agen
cies and general special and local agents
7 Salaries and other compensation of officers and other
office employees
8 Rent 0990 taxes 6643
10 Advertising 52551 blanks and printing 41610
11 All other items viz Attorney fee
Total disbursements
IVINVESTED ASSETS
6 Cash in office
Total net or ledger assets
VCONTINGENT ASSETS
19 Annual payments or premiums due and
unpaid on memberships in force 470000
20 Annual payments or premiums in proc
ess of collection not yet due 13
21 Total due from members 6 00
22 Deduct estimated cost of collection 360 00
23 Net amount due from members
Business in the State of Georgia during the year
No
Policies or certificates in force December 31 1905 Soo
Policies or certificates written during the year
1906 4032
Total 4532
Deduct number and amount which have ceased to
be in force during 1906 937
Total policies in force December 31 1906 3595
Losses and claims on policies or certificates unpaid
December 31 1906
639
776i 15
3061 15
1085 04
304 45
336 00
166 33
46865
58 00
5479 62
30 02
30 02
5640 00
Amount
11409 64
1171 25
10238 39
4000 00640
COMPTROLLERGENERALS REPORT
Losses and claims on policies or certificates in
curred during the year 1906
Losses and claims on policies or certificates paid
during the year 1906
7061 is
3o6i 15
MUTUAL LIVE STOCK INSURANCE COMPANY OF GEORGIA
W T Dreyer President W P Jackson Secretary
Principal Office Talmadge Building Athens Ga
IIINCOME DURING YEAR I906
r Membership fees 25373 90
2 Annual dues 15 SO
3 Assessments 14314 69
Total paid by members 39704 09
7 Cash received from all other sources viz Sundry fees 107 00
Total income 398ll 09
IIIDISBURSEMENTS DURING YEAR I906
1 Losses and claims 14062 50
2 Annual payments and assessments re
turned to members 879 45
Total paid to members 14941 95
3 Commissions and fees retained by or paid to agents 10724 07
4 Commissions and fees retained by or paid to officers
and directors 5927 89
6 Medical examiners fees whether paid direct by mem
bers or otherwise 037 0r
8 Rent 20500 taxes 15067 355 67
to Advertising 20139 blanks and printing 139169 1593 08
11 All other items viz General expenses 2933 94
Total disbursements 37413 65
IVINVESTED ASSETS
7 Cash deposited in banks on reserved fund account
Georgia National Bank of Athens 84000
All other deposits Georgia National Bank of Athens 312 47
8 Agents ledger balances 734 68
fl All other ledger assets 8473 42556 510 29
Total net or ledger assets 2397 44 wi
COMPTROLLERGENERALS REPORT 541
Business in the State of Georgia during the year
No Amount
Policies or certificates written during the year
I9o6 6805 io573ooo
Deduct number and amount which have ceased
to be in force during 1906 54S 847300 00
Total policies in force December 31 1906 1400 21000000
Losses and claims on policies or certificates paid
during the year 1906 14S 14062 50
MUTUAL BENEFIT LIFE INSURANCE COMPANY
A V Simms President L W Shaw Secretary
Principal Office Valdosta Ga
Win A Wright Atlanta Attorney for Service in Georgia
IIINCOME DURING YEAR I906
1 Membership fees
2 Annual dues
3 Assessments
7208 00
2150 00
19032 50
28390 50
Total paid by members 28390 50
Total income
IIIDISBURSEMENTS DURING YEAR 1006
i Losses and claims 53o8 oo
Total paid members
3 Commissions and fees retained by or paid to agents
7 Salaries and other compensation of officers and other
office employees
8 Rent 24000 taxes 10200
10 Advertising 34000 blanks and printing 12500
15308 00
2296 20
1480 00
342 00
465 00
Total disbursements
IVINVESTED ASSETS
7 Cash deposited in banks on reserved fund account
Citizens Bank
All other deposits Citizens Bank
19891 20
no 75
6021 08
Total net or ledger assets
8499 30642 COMPTROLLERGENERALS REPORT
VCONTINGENT ASSETS
i6 Due from members for claims not yet
assessed 3460 00
18 Mortuary assessments not yet due Sooo 00
19 Annual payments or premiums due and
unpaid on memberships in force 725 00
21 Total due from members 9185 00
22 Deduct estimated cost of collection 25 00
23 Net amount due from members 9160 00
viliabilities
I Losses due and unpaid No of claims 5 for one
thousand dollars each Sooo 00
Business in the State of Georgia during the year
No Amount
Policies or certificates in force December 31 1905 3631
Policies or certificates written during the year
1906 1660
Total 5291
Deduct number and amount which have ceased
to be in force during 1906 1120
Total policies or certificates in force De
cember 31 1906 4171
Losses and claims on policies or certificates in
curred during the year 1906 20 16094 00
NEW SOUTH MUTUAL LIFE INSURANCE COMPANY
B S Calhoun President W E Currier Secretary
Principal Office Atlanta GaCOMPTROLLERGENERALS REPORT
543
PILGRIM HEALTH AND LIFE INSURANCE COMPANY
H C Young President T J Walker Secretary
Principal Office 11111113 Ninth Street Augusta Ga
Hon W A Wright Atlanta Attorney for Service in Georgia
IBALANCE SHEET
Amount of net or ledger assets December 31st of pre
vious year
304 58
IIINCOME DURING YEAR IOX6
1 Membership fees
2 Annual dues
1801 10
22205 25
Total paid by members 5
5 Interest
7 Cash received from all other sources viz Revivals
deficiencies and endorsements
Total income
24006 35
200 00
207 10
24413 45
IIIDISBURSEMENTS DURING YEAR IO06
10521 82
8 60
1 Losses and claims
2 Annual payments and assessments re
turned to members
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 agen
cies and general special and local agents
6 Medical examiners fees whether paid direct by mem
bers or otherwise
7 Salaries and other compensation of officers and other
office employees
8 Rent 36625 taxes 25862
9 Advanced to officers and agents to be repaid out of
future salaries or commissions
10 Advertising 12983 blanks and printing 57966
11 All other items viz Office furniture and fixtures
23180 postage expressage and fuel 29896
10530 42
8122 17
916 01
2083 16
667 90
624 87
72 00
709 49
530 76
Total disbursements 24267 78544
COMPTROLLERGENERALS REPORT
IVINVESTED ASSETS
5 Cost value of bonds and stocks owned absolutely 52 o
6 Cash in office 83 76
All other deposits IrishAmerican Bank 36649
8 Agents ledger balances 1603 5
Total net or ledger assets
7253 3
VCONTINGENT ASSETS
15 Market value of bonds and stocks over cost
19 Annual payments or premiums due and
unpaid on memberships in force 1603 5
20 Annual payments or premiums in proc
ess of collection not yet due 38002 05
21 Total due from members
22 Deduct estimated cost of collection
39605 10
9901 22
23 Net amount due from members
24 All other assets viz Ledger balances
Total assets
29703 88
45 25
37607 43
VILIABILITIES
8 To officers or others for advances on account of ex
penses of bonds 5200 00
9 Amount of all other liability viz Printing 198 50
Total liabilities
5398 5
Business in the State of Georgia during the year
No Amount
Policies or certificates in force December 31 1905 12909 258180 00
Policies or certificates written during the year
190618216 36432 0
Total 31125 62250000
Deduct number and amount which have ceased
to be in force during 1906 3679 7358o 00
Total policies in force December 31 1906 27446 548920 00
Losses and claims on policies or certificates in
curred during the year 1906 10521 82
Losses and claims on policies or certificates paid
during the year 1906 10521 82COMPTROLLERGENERALS REPORT
545
I
PROTECTION FIRE INSURANCE COMPANY OF GEORGIA
Principal Office Lithonia Ga
PROVIDENT LIFE AND ACCIDENT INSURANCE COMPANY
Thomas Maclellan President Robert J Maclellan Secretary
Home Office 105 E 7th Street Chattanooga Tenn
Wm A Wright Atlanta Attorney for Service in Georgia
IBALANCE SHEET
Amount of net ledger assets December 31st of pre
vious year 26635 16
IIINCOME DURING THE YEAK
I Gross amount of membership fees re
quired or represented by application 4060 00
3 Premiums or assessments 44J98 65
Total paid by members 48258 65
4 Interest 1233 33
6 From all other sources viz Cash deposited to in
crease mortuary fund 775 00
Total income during the year 57241 98
IIIDISBURSEMENTS FOR THE YEAR
1 Death benefit claims paid 1733 80
2 Disability sick and accident benefit
claims paid 14580 56
Total paid to members 16314 36
4 Commissions and fees retained by or paid or allowed
to agents or collectors 13162 91
6 Salaries and allowances of managers and agents not
paid by commissions 11493 5
7 Salaries of officers 3020 00
8 Salaries and other compensation of office employees 1033 00
9 Rent 51475 taxes 38062 advertising and print
ing 114263 203800
10 Insurance department fees and agents licenses
26288 legal expenses 39974 662 62
35 in546 COMPTROLLERGENERALS REPORT
II All other items viz Medical examinations 21100
traveling expenses 38572 furniture and fixtures
22525 general expenses 53198 1353 95
Total disbursements
IVINVESTED ASSETS
4 Book value of bonds and stock owned
5 Agents debit balances
6 Cash deposited in bank Current account Citizens
Bank Trust Co 431740 special account
Citizens Bank Trust Co subject to control of in
surance commissioner of Tennessee 20000x0
7 Total
DEDUCT LEDGER LIABILITIES
8 Agents credit balances 1334 85
9 Total net ledger assets 34798 80
49078 34
I00C0 00
1816 25
24317 40
36133 65
THE STERLING MUTUAL LIFE INSURANCE COMPANY OF
GEORGIA
F C Foster Sr President T H Holland Secretary
Principal Office Madison Morgan county Georgia
IIINCOME DURING YEAR 1936
1 Membership fees 2370 00
Total paid by members 2370 00
Total income 2370 00
IIIDISBURSEMENTS DURING YEAR 1906
3 Commissions and fees retained by agents 1422 00
5 Salaries and traveling expenses of managers of agen
cies and general special and local agents 6 00
9 Advanced to officers and agents to be repaid out of
future salaries or commissions 114 00
JO Blanks and printing 172 00COMPTROLLERGENERALS REPORT
II All other items viz Loose leaf ledgers 2800 fit
ting up office Soo cost of charter and certificate
10400
Total disbursements
IVINVESTED ASSETS
5 Cost value of bonds and stocks owned absolutely
All other deposits Sparta Bank 1000 Newton Co
Bank 500 City National Bank 4600 Bank of
Crawford 6000 Bank of G W Felker 11600
Bank of Henry Co 1900 Bank of Eatonton
1300 Upson Banking Co 2600 Morgan Co
Bank 17900 total
Total net or ledger assets
VCONTINGENT ASSETS
15 Market value of bonds and stocks over cost face
value 500000 actual market value 510000
Total assets
Business in the State of Georgia during the year
No
Policies or certificates in force December 31 1906 474
Policies or certificates written during the year
1906 474
Total policies or certificates in force Decem
ber 31 1907 474
547
182 00
1896 00
5000 00
474 00
5474 00
100 00
5574 00
Amount
474 00
474 00
SOUTH GEORGIA FARMERS FIRE INSURANCE COMPANY
Jesse Ward Jr President Robert Alexander Secretary
Principal Office 118 Broad Street Thomasville Ga
E L Neel Thomasville Attorney for Service in Georgia
nINCOME DURING YEAR I906
I Membership fees 52 62
3 Assessments 3oi3 5
Total income 3i66 12548 COMPTROLLERGENERALS REPORT
HIDISBURSEMENTS DURING YEAR I906
Total paid to members 271400
4 Commissions and fees retained by or paid to officers
and directors 449 57
8 Commuted commissions 2 55
Total disbursements 3166 12
VILIABILITIES
i Losses due and unpaid No of claims 1 200 00
8 To officers or others for advances on account of ex
penses of organization 156 OO
Total liabilities 356 00
Business in the State of Georgia during the year
No Amount
Policies or certificates in force December 31 1905 460 400000 00
Policies or certificates written during the year
1906 31 24860 00
Total 491 424860 00
Deduct number and amount which have ceased
to be n force during 1906 46 26775 or
Total policies in force December 31 1906 445 398085 00
Losses and claims on policies or certificates in
curred during the year 1906 6 3213 50
Losses and claims on policies or certificates paid
during the year 1906 5 3013 5
Balance due officers and partial payment and loss 356 00
SOUTHEASTERN MUTUAL FIRE INSURANCE COMPANY OF
MACON GA
J E Mansfield President H E Harrison Secretary
Principal Office 2627 Exchange Bank Building
F P Mansfield Macon Attorney for Service in GeorgiaCOMPTROLLERGENERALS REPORT
549
THE SOUTHERN MUTUAL LIVE STOCK ASSOCIATION
J H Blackwell President W D Seymour Secretary
Principal Office Elberton Ga
C P Harris Elberton Attorney for Service in Georgia
IIINCOME DURING YEAR IO06
I Membership fees 136465
4 For medical examiners fees 78 00
Total income 144265
IIIDISBURSEMENTS DURING YEAR IO06
i Losses and claims
Total paid members
3 Commissions and fees retained by or paid to agents
5 Salaries and traveling expenses of managers of agen
cies and general special and local agents
6 Medical examiners fees whether paid direct by mem
bers or otherwise
7 Salaries and other compensation of officers and other
office employees
8 Rent
9 Advanced to officers and agents to be repaid out of
future salaries or commissions
10 Advertising
100 00
575 60
75 00
26 20
60 00
24 20
40 50
235 20
Total disbursements
1136 70
IVINVESTED ASSETS
7 Cash deposited in banks on reserved
fund account 305 95
Total net or ledger assets
305 95
VILIABILITIES
o Amount of all liabilities viz Mortuary fund
Surplus
Total liabilities
189 90
116 05
305 95550
COMPTROLLERGENERALS REPORT
Business in the State of Georgia during the year
No t mount
Policies or certificates written during the year 375 49225 00
Deduct number and amount which have ceased to
be in force during 1906 12 120000
Total policies or certificates in force Decem
ber 31 1906 363 4802500
SOUTHERN LIFE AND HEALTH INSURANCE COMPANY OF
GEORGIA
W H Hallman President H D Sorrells Secretary
Principal Office 509511 Temple Court Bldg Atlanta Ga
Walter McElreath Atlanta Attorney for Service in Georgia
IBALANCE SHEET
Amount of net or ledger assets May 24 1906
IIINCOME DURING YEAR IO06
1 Membership fees
2 Annual dues
39 50
2865 80
Total paid to members
5 Interest
7 Cash received from all other sources viz Advanced
by officers
Total income
IIIDISBURSEMENTS DURING YEAR IO06
1 Losses and claims Sick 33465 death
20000 534 65
2 Annual payments and assessments re
turned to members 6 55
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
8 Rent 9000 taxes 11465
10 Advertising 10095 blanks and printing 18410
11 All other items viz Furniture postage and express
5500 oa
3260 30
87 50
1346 81
4694 61
541 20
1147 77
740 00
204 55
285 05
129 40
Total disbursements
5047 97I
COMPTROLLERGENERALS REPORT
IVINVESTED ASSETS
5 Cost value of bonds and stocks owned absolutely
6 Cash in office
7 Cash deposited in banks on reserved fund account
Third National Atlanta
Total net or ledger assets
VCONTINGENT ASSETS
12 Interest accrued
19 Annual payments or premiums due and
unpaid on memberships in force 125 00
20 Annual payments or premiums in proc
ess of collection not yet due 5614 70
21 Total due from members 5739 7o
22 Deduct estimated cost of collection 1147 94
23 Net amount due from members
24 All other assets viz Furniture 12500 books and
blanks 10000
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 written during the year
1906 2527
Deduct number and amount which have ceased to
be in force during 1906 969
Total policies in force December 31 1906 1558
551
5000 00
50 00
96 64
5146 64
87 50
459i 76
225 00
10050 90
6346 81
6346 81
Amount
60648 00
23256 00
37392 00
SOUTHERN COOPERATIVE LIVE STOCK INSURANCE CO
Jno N Booth President L J Guissert Secretary
Principal Office Clayton Street Athens Ga
W M Smith Athens Attorney for Service in Georgia552
COMPTROLLERGENERALS REPORT
SUNLIGHT INSURANCE COMPANY
S J Sheffield President E J Crockett Secretary
Principal Office 1419 Empire Bldg Atlanta Ga
Walter McElreath Atlanta Attorney for Service in Georgia
IBALANCE SHEET
Amount of net or ledger assets December 31st of
previous year 273 4
IIINCOME DURING YEAR I906
1 Membership fees 227 4
2 Annual dues 3547 85
Total paid by members 3775 25
Total income 3775 25
IIIDISBURSEMENTS DURING YEAR I906
1 Losses and claims 229 00
2 Annual payments and assessments re
turned to members 4 50
Total paid to members 233 50
3 Commissions and fees retained by or paid to agents 2685 35
4 Commissions and fees retained by or paid to officers
and directors 260 00
8 Rent 13285 taxes 9114 22399
10 Advertising 2125 blanks and printing 11275 134 00
11 All other items viz Office furniture 2000 postage
express 1445 34 45
Total expenses items 3 to 11 39244
Total disbursements 3571 29
IVINVESTED ASSETS
6 Cash in office 227 00
7 Cash deposited in banks on reserve fund account
Fourth National Bank 250 00
10 Total net or ledger assets 447 00COMPTROLLERGENERALS REPORT
VCONTINGENT ASSETS
19 Annual payments or premiums due and
unpaid on memberships in force 481 9
20 Annual payments or premiums in proc
ess of collection not yet due 8200 40
21 Total due from members 868230
22 Deduct estimated cost of collection 25
per cent 2V 57
23 Net amount due from members
24 All other assets viz Office furniture 5000 books
and blanks 5000
Total assets
Business in the State of Georgia during the year
No
Policies or certificates in force December 31
I9o6 393
Policies or certificates written during the year
I9o6
Total 2257
Deduct number and amount which have ceased to
be in force during 1906 IIS
Total policies in force December 31 1906 1242
Losses and claims on policies or certificates in
curred during the year 1906
Losses and claims on policies or certificates paid
during the year 1906
553
6511 73
7o88 73
Amount
48800 00
227400 00
275200 00
120000 00
155200 00
SOUTHERN MUTUAL LTFE INSURANCE ASSOCIATION
A D Candler President Thos C Candler Secretary
Principal Office 502503504 Candler Bldg Atlanta Ga
A D Candler Atlanta Attorney for Service in Georgia
IBALANCE SHEET
Amount of net or ledger assets December 31st of
previous year
TIINCOME DURING YEAR I906
Membership fees 30ioi oo
2 Annual dues IO68 00554 COMPTROLLERGENERALS REPORT
3 Assessments 76939 60
Total paid by members 11710860
Total income 11710860
IIIDISBURSEMENTS DURING YEAR I906
I Losses and claims
3 Commissions and fees retained by or paid to agents
4 Cost of collecting assessments
5 Salaries and traveling expenses of managers of agen
cies and general special and local agents
7 Salaries and other compensation of officers and other
office employees
8 Rent 67000 taxes 72227
9 Advanced to officers and agentsto be repaid out of
future salaries or commissions
10 Advertising 331x8 blanks and printing 131933
11 All other items viz Exchange 2836 postage
262976 supplies 34547 other items 15140
Compensation of officers
Total expenses footings of items 3 to II 4869817
70060 00
15952 59
u349 44
2935 00
4016 00
1392 27
1247 47
1650 41
3154 99
7000 00
Total disbursements
n8758 17
IVINVESTED ASSETS
5 Cost value of bonds and stocks owned absolutely
6 Cash in office
7 Cash deposited in banks on reserved fund account
Central Bank and Trust Co 1559 42 Atlanta Na
tional Bank R E Green Treasurer account 4
74482
All other deposits In hands branch treasurers local
banks
10 Total net or ledger assets
35676 37
528 29
6304 24
10787 00
y3295 90
VILIABILITIES
6 To officers or others for advances on account of ex
penses of organization
9 Amount of all other liability viz Agents balances
unsecured
t75o 00
1247 47
Total liabilities
2997 47S5gv
COMPTROLLERGENERALS REPORT
Business in the State of Georgia during the year
555
No
Amount
Policies or certificates in force December 31
IQ03 11605 3293379 00
Policies or certificates written during the year
1906 3290
267653 00
Total 14895 3561032 00
Deduct number and amount which have ceased to
be in force during 1906 J 1800150 00
Total policies in force December 31 1906 8120 1760882 00
Losses and claims on policies or certificates in
curred during the year 1906 149 66648 00
Losses and claims on policies or certificates paid
during the year 1906 M9 6664800
UNION FIRE INSURANCE COMPANY OF ATLANTA GA
S C McEachern President J E Babb Secretary
Principal Office 25 Inman Bldg Atlanta Ga
Walter McElreath Atlanta Attorney for Service in Georgia
IIASSETS
12 Cash in companys principal office 3 00
Total assets of the company 300 a
IVINCOME DURING THE YEAR
7 Entire premiums collected during the year Fire 183 30
12 Income received from all other sources omitting in
crease if any in value of securities viz Advanced
218 30
by directors
t Aesrreeate amount of income actually received during
u 401 60
the year in cash f
vEXPENDITURES DURING THE YEAR
7 Paid for salaries fees and other charges of officers
clerks agents and all other employees 52860
8 Paid for State national and local taxes in this and
other States
9 All other payments and expenditures viz Printing
4000 rent 3200 72
Aggregate amount of actual expenditures during the
66 601 6a
year in cash v556 COMPTROLLERGENERALS REPORT
Business in the State of Georgia during the year
Fire risks written
Premiums received gross
26000 00
183 30
UNION MUTUAL ASSOCIATION
T W Walker President William Driskell Secretary
Principal Office 212 Auburn Avenue Atlanta Ga
H L Johnson Atlanta Attorney for Service in Georgia
IBALANCE SHEET
Amount of net or ledger assets December 31st of
previous year
IIINCOME DURING YEAR IO06
1 Membership fees 304 13
2 Annual dues 56829 57
Total paid by members
5 Interest on bonds
Revivals deficiency and miscellaneous
Total income
IIIDISBURSEMENTS DURING YEAR IO06
I Losses and claims
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 agen
cies and general special and local agents
7 Salaries and other compensation of office employees
8 Rents 159050 taxes 141063
10 Advertising 20590 blanks and printing 73060
11 All other items viz Postage expressage furniture
miscellaneous
Total expenses footings of items 3 to 11 2525170
687 32
57133 7o
200 00
2167 3
59500 73
32914 95
11927 40
4500 00
3259 86
609 38
3001 13
942 50
1011 43
Total disbursements 58166 65
IVINVESTED ASSETS
5 Cost value of bonds owned absolutely 310000
6 Cash in home and branch offices 520 06COMPTROLLERGENERALS REPORT
557
All other deposits Neal Bank Atlanta 109234
Penny Savings Bank Birmingham Ala 41000 1502 34
8 Agents ledger balances 2233 75
9 All other assets viz Furniture fixtures safe books
supplies machines 3500 00
10 Total net or ledger assets
12856 09
VCONTINGENT ASSETS
12 Interest accrued
15 Market value of bonds over cost
19 Annual payments or premiums due and
unpaid on memberships in force 2233 75
20 Annual payments or premiums in proc
ess of collection not yet due 57290 80
21 Total due from members
22 Deduct estimated cost of collection
59524 55
14881 13
23 Net amount due from members
24 All other assets viz Interest on bonds for 1907
Total assets
100 00
100 00
44643 42
200 00
45043 42
VILIABILITIES
3 Losses reported for which assessments have not been
made Number of claims 6 15000
7 Interest due or accrued on purchase of bonds 2400 00
Balance due upon furniture 49 84
Total liabilities 2599 84
Business in the State of Georgia during the year
No
Amount
Policies or certificates in force December 31
IQ0S 12125 389956 65
Policies or certificates written during the year
1006 13262 374587 50
Total 2S387 764544 15
Deduct number and amount which have ceased to
be in force during 1906 7324 245872 00
Total policies in force December 31 1906 18063 518672 15
Losses and claims on policies or certificates un
paid December 31 1906 4
169 00558 COMPTROLLERGENERALS REPORT
Losses and claims on policies or certificates in
curred during the year 1906 732i 33o83 95
Total 7325 33252 95
Losses and claims on policies or certificates paid
during the year 1906 737 32914 95
THE UNION BENEFIT ASSOCIATION
Julian Smith President Geo W Jacobs Secretary
Principal Office 20 State Street Savannah Ga
Stubbs Chapman Savannah Attorneys for Service in Georgia
IBALANCE SHEET
Amount of net or ledger assets December 31st of
previous year 5354 72
IIINCOME DURING YEAR I906
3 Assessments 18927 48
Total income 18927 48
IIIDISBURSEMENTS DURING YEAR I906
i Losses and claims 5778 81
3 Commissions and fees retained by or paid to agents 7133 62
7 Salaries and other compensation of officers and other
office employees 2965 02
8 Rent 23830 sundry bills 14799 38629
II All other items 2582 61
Total expenses footings of items 3 to II 1306755
Total disbursements 18846 35
IVINVESTED ASSETS
5 Cost value of bonds and stocks owned absolutely 5180 00
6 Cash in office 255 85
10 Total net or ledger assets 5435 85
VCONTINGENT ASSETS
19 Annual payments or premiums due and
unpaid on memberships in force 393
99 52 20487 48
21 Total due from members 20487 48COMPTROLLERGENERALS REPORT
559
22 Deduct estimated cost of collection fif
teen per cent 3073 11
23 Net amount due from members 17414 37
24 All other assets viz Charter furniture and ma
terial 750 00
Total assets 23600 22
VILIABILITIES
7 Bills payable
Total liabilities
Business in the State of Georgia during the year
No
Policies or certificates in force December 31
1906 3671
Losses and claims on policies or certificates in
curred during the year 1906
Losses and claims on policies or certificates paid
during the year 1906
3242 90
3242 90
Amount
367 13
5778 8l
5778 81
TNA LIFE INSURANCE COMPANY OF CONNECTICUT
M G Bulkeley President C E Gilbert Secretary
Home Office 650 Main Street Hartford Conn
1CAPITAL STOCK
1 Amount of capital paid up in
cash 2000000 00
2 Amount of net ledger assets as per balance
December 31 1905 74941112 50
Extended at 74941112 50
IIINCOME
As shown by the books at the home office at close of business Dec 31 1906
Entire premiums collected during the year
Accident 157795817 health 209415
g3 liability 283918924 4626563 34
Deduct reinsurance return premiums and
cancellations Accident 7318739 health
1265300 liability 22112173 30696212
18 Total net cash actually received for premiums 4319601 23560
COMPTROLLERGENERALS REPORT
20 Interest on mortgage loans 1794070 97
21 Interest on collateral loans 45837 00
22 Interest on bonds and dividends on stocks 1207970 07
23 Interest on deposits 73569 78
24 Interest from all other sources 301439 05
25 Gross rents from companys property includ
ing 2300000 for companys own occu
pancy 41759 4
Discount on claims paid in advance 1965 37
26 Total interest and rents 3466611 64
27 Profit on sale or maturity of ledger assets Real estate 16
27127 stocks and bonds 9907180 115343 07
37 Premium income life business 10403279 68
38 Total income during the year 18304835 61
IIIDISBURSEMENTS
As shown by the books at the home office at close of business Dec 31 1906
1 Gross amount paid for losses Accident
63190358 health 8837664 liability
116159491 1881875 13
2 Deduct reinsurance Accident 642685
health 294641 9373 26
3 Net amount paid policyholders for losses 1872501 87
4 Investigation and adjustment of claims Accident 12418
II health 2340 liability 10414884 11659035
14 Commissions or brokerage less amount received on return
premiums and reinsurance for the following classes Ac
cident 52217341 health 6390081 liability 6n04975 M97I23 97
19 Stockholders for interest or dividends amount declared
during the year 50000 00
20 Salaries fees and all other compensation of officers and
home office employees 153890 25
21 Salaries traveling and all other expenses of agents not paid
by commissions 95590 78
22 Medical examiners fees and salaries 11866 72
23 Inspections other than medical 43513 67
24 Rents 34565 26
27 All other taxes licenses and insurance department fees 60040 17
28 Legal expenses J668 95
29 Advertising J4203 I2
30 Printing and stationery 55211 45
31 Postage and express 34678 63
32 Furniture and fixtures 24353 62
34 Surrender value on accident policies 583 80COMPTROLLERGENERALS REPORT
35 Investment expense
36 Sundry expense
561
129 69
23631 64
41 Disbursements accident health and liability business 3790143 94
42 Disbursements life business 9519346 41
43 Total disbursements 13309490 35
IVLEDGER ASSETS
As shown by the books at the home office at close of business Dec 31 1906
1 Book value of real estate unincumbered 616220 01
2 Mortgage loans on real estate first liens 37904178 39
3 Loans secured by pledge of bonds stocks or other collat
erals 1065085 49
4 Book value of bonds excluding interest 2380216485 and
book value of stocks 432344656 I 28125611 41
5 Cash in companys office 14214757 deposited in bank 7
12343457 7265582 14
6 Bills receivable 41501 18
8 Agents balances 51970 61
9 Loans made to policyholders on this companys policies as
signed as collateral 4582330 00
10 Premium notes or liens on policies in force of which 3
30827 is for first years premiums 283978 53
n Ledger assets 79936457 76
NONLEDGER ASSETS
12 Interest due 9301207 and accrued 40896973 on mort
gages 501981 80
13 Interest due 335500 and accrued 15355051 on bonds 156905 51
14 Interest due 969722 and accrued 935889 on collateral
loans 19056 11
15 Interest due 24680185 and accrued 21456 on other
assets 247016 41
16 Rents accrued on companys property or lease 1850 00
18 Market value not including interest in item 13 of bonds
and stocks over book value 2516751 22
19 Gross premiums in course of collection viz Net amount of
uncollected and deferred premiums 743567 27
37
Gross assets 84123586 08
DEDUCT ASSETS NOT ADMITTED
39 Bills receivable 41501 18
45 Agents balances unsecured 5197 61
36 in562
COMPTROLLERGENERALS REPORT
46 Premium notes loans or liens in excess of
reserve on policies
362 20
93833 99
50 Admitted assets 84029752 09
VLIABILITIES
I Losses and claims
In process of adjustment Accident 33319
37 health 71681 34036 18
Reported proofs not received Accident
1100000 health 150000 1250000
Resisted Accident 10950350 health 1
96071 11146421
15 Net unpaid claims except liability claims 158000 39
16 Special reserve for unpaid liability losses 1536166 55
18 Total unpaid claims and expenses of settlement 1694166 94
19 Gross premiums less reinsurance upon all
unexpired risks running one year or less
from date of policy 298292891 un
earned premiums 50 per cent 1491464 45
20 Gross premiums less reinsurance upon all
unexpired risks running more than one year
from date of policy 12309042 unearned
premiums pro rata 101413 07
21 Total unearned premiums and reserve
26 Salaries rents expenses taxes bills accounts fees etc
due or accrued
39 Liabilitiesaccident health and liability business
40 Liabilitieslife business
1592877 52
2500 00
3289544 46
73526880 10
41 Total amount of all liabilities except capital 76816424 56
42 Capital actually paid up in cash 2000000 00
43 Surplus over all liabilities 5213327 53
44 Surplus as regards policyholders
45 Total liabilities
7213327 53
84029752 09
Business in the State of Georgia during the year
Accident Health
Gross premiums received on risks
written or renewed during the
year 34424 46
Gross losses paid 13212 34
Gross losses incurred 3i75 99
Liability
58i3 43 9210 73
4351 06 7700 90
3151 06 7700 90
COMPTROLLERGENERALS REPORT
563
ETNA INDEMNITY COMPANY OF CONNECTICUT
Arthur P Heinze President Charles I Brooks Secretary
Home Office 36 Pearl Street Hartford Conn
1CAPITAI STOCK
1 Amount of capital paid up in
cash 500000 00
2 Amount of ledger assets as per balance
December 31 1905 109745520
Extended at 1097455 20
11income
Gross premiums unpaid December 31 1905
Fidelity 1481689 surety 7526092
plate glass 2186222 burglary and theft
5310671 16513674
Gross premiums written and renewed dur
ing 1906 Fidelity 9232969 surety
27784388 plate glass 9682286 bur
glary and theft 18926132 65625775
Total 821394 49
Deduct gross premiums now in course of
collection Fidelity 927039 surety
5763402 plate glass 1789797 bur
glary and theft 3857967 123382 05
iintire premiums collected during 1906
Fidelity 9787619 surety 29547078
plate glass 10078711 burglary and theft
20387836 698012 44
Deduct reinsurance return premiums and
cancellations Fidelity 1835650 surety
6140827 plate glass 1634222 bur
glary and theft 6774775 163854 74
18 Total net cash actually received for premiums 534157 70
22 Interest on bonds and dividends on stocks 35332 35
23 Interest on deposits 7952 77
26 Total interest and rents
27 Profit on sale or maturity of ledger assets Atlantic Coast
Line Ry first mort 37500 Union Pacific Ry first
mortgage gold bonds 75000 Erie Ry general lien gold
coupon 48750 C C C St L Ry general gold cou
pon 58125 EriePenna Coal Co collateral coupon
43285 12564
COMPTROLLERGENERALS REPORT
20000 Northern PacificGreat Northern joint C B
Q collaterals 28125 Amalgamated Copper Co 3730
33 Premiums in suspense awaiting further information
34 Premiums paid in advance
38 Total income
IIIDISBURSEMENTS
1 Gross amount paid for losses Fidelity 17
996S9J surety 21881359 plate glass
3034410 burglary and theft 4972449 316878 J7
2 Deduct salvage and reinsurance Fidelity
801155 surety 8487393 plate glass
22568 burglary and theft 675556 9986672
6405 00
167 50
145 So
584160 82
3 Net amount paid policyholders for losses 217012 05
14 Commissions or brokerage less amount received on return
premiums and reinsurance for the following classes Fi
delity 1678800 surety 5509619 plate glass 27855
37 burglary and theft 4046498 140204 54
20 Salaries fees and all other compensation of officers and
home office employees 87385 46
21 Salaries traveling and all other expenses of agents not paid
by commissions 32148 79
24 Rents 19122 22
27 All other taxes licenses and insurance department fees 17934 74
28 Legal expenses 11586 74
29 Advertising 1652 12
30 Printing and stationery I3I32 47
31 Postage and express telephone telegraph etc 12450 28
32 Furniture and fixtures 4439 97
33 Loss on sale or maturity of ledger assets LouisvilleNash
ville Ry So Motion joint collateral 23000 Norfolk
Western Ry Pocahontas Coal Co first mortgage consol
idated 15250 Mexican Government 4 per cent gold
bonds 2500 WesternUnion Telegraph funded real es
tate mort bondsgold 42500 832 50
37 All other disbursements Office and general expense 13
29763 traveling and investment expense 628158 J9579 21
41 Premiums charged to suspense acct uncollectable at present 7778 90
42 Miscellaneous 2180 33
46 Total disbursements 617573 95
IVLEDGER ASSETS
i Book value of real estate unincumbered 200 00
2 Mortgage loans on real estate first liens 4100 00
4 Book value of bonds excluding interest 8258625 and
book value of stocks 43706994 719656 19COMPTROLLERGENERALS REPORT
565
5 Cash in companys office 733904 deposited in bank 302
IIl85 309450 89
7 Other ledger assets Premium balances due from agents
156931 judgment secured by real estate valued over
incumbrances at 240000 indemnifying agreements se
cured by chattel mortgage on dumping scows etc 11
00000 preferred claims of U S A in bankruptcy of
Smith Robinson bankrupts Fund in hands of trustee
more than sufficient to satisfy 166568 claim against
Jacob M Layton whose estate is undergoing voluntary
liquidation for purpose of paying creditors All quick
assets Distribution expected soon 14700000 30634 99
11 Ledger assets 1064042 07
NONLEDGER ASSETS
13 Interest accrued on bonds 3182 46
19 Gross premiums in course of collection viz
On policies or renewals issued subsequent to
October 1 1906 Fidelity 751327 sure
ty 2760135 plate glass 1591819 bur
glary and theft 3459034 85623 15
On policies or renewals issued prior to Oc
tober I 1906 Fidelity 175712 surety
3003267 plate glass 197978 bur
glary and theft 398933 37758 90
33 Total 123382 05
37 Gross assets 1190606 28
DEDUCT ASSETS NOT ADMITTED
43 Gross premiums in course of collection writ
ten prior to October I 1906 37758 90
44 Book value of ledger assets over market
value 2380 69
45 Premium balances due from agents 1569 31 41708 90
51 Admitted assets 1148897 68
vLIABILITIES
1 Losses and claims
Adjusted Burglary and theft 60206
In process of adjustment Fidelity 1
20183 surety 1578224 plate glass 2
31821 burglary and theft 331425 22616 53
Reported proofs not received Burglary and
theft 4404 25566
COMPTROLLERGENERALS REPORT
Resisted Fidelity 475000 surety 35
60200 burglary and theft 469792
45049 92
13 Total
14 Deduct reinsurance
72672 76
85 66
15 Net unpaid claims except liability claims
19 Gross premiums less reinsurance upon all
unexpired risks running one year or less
from date of policy 52872792 un
earned premiums 50 per cent
20 Gross premiums less reinsurance upon all
unexpired risks running more than one
year from date of policy 2729158 un
earned premiums pro rata
264363 96
13811 40
21 Total unearned premiums
22 Commissions brokerage and other charges due or to become
due to agents or brokers on policies issued subsequent to
October 1 1906 viz Fidelity 149599 surety 572756
plate glass 552473 burglary and theft 874514
30 Return premiums
31 Reinsurance
32 Advance premiums 100 per cent and premiums in sus
pense
41 Contingent fund voluntarily set aside by the company
45 Surplus as regards policyholders
72587 ia
8i75 36
i493 42
2307 02
5970 47
313 00
100000 00
42 Total amount of all liabilities except capital 480846 37
43 Capital actually paid up in cash 500000 00
44 Surplus over all liabilities 168051 31
668051 31
46 Total liabilities 1148897 68
Business in tlic State of Georgia during the year
Plate Burglary
Fidelity Surety Glass Theft
Gross premiums received on
risks written or renewed during
the year 2013 01 8976 40 486 50 643 42
Gross losses paid 111965 24130 41288 COMPTROLLERGENERALS REPORT
567
AMERICA BONDING COMPANY OF BALTIMORE MD
George Cator President R C Carson Secretary
Home Office Equitable Building Baltimore Md
ICAPITAL
1 Amount of capital paid up in
cash 500000 00
2 Amount of ledger assets as per balance
December 31 of previous year 1443739 31
Extended at 1443739 31
IIINCOME
Gross premiums unpaid December 31 last
year Fidelity and surety 12276374 bur
glary and theft 2331560 146079 34
Gross premiums written and renewed dur
ing the year Fidelity and surety 711153
36 burglary and theft 15635194 867505 30
Total 1013584 64
Deduct gross premiums now in course of col
lection Fidelity and surety 9579356
burglary and theft 2909510 124888 66
Entire premiums collected during the year
Fidelity and surety 73812354 burglary
and theft 15057244 888695 98
Deduct reinsurance return premiums and
cancellations Fidelity and surety 133409
33 burglary and theft 5742 15 190811 48
18 Total net cash actually received for premiums
20 Interest on mortgage loans 865 63
21 Interest on collateral loans 871 23
22 Interest on bonds and dividends on stock 51705 68
23 Interest on deposits 2097 91
25 Gross rents from companys property 1161 41
26 Total interest and rents
27 Profit on sale or maturity of ledger assets United Railways
and Electric Company of Baltimore bonds sold 25937
real estate Tacoma Washington sold 56440
32 From all other sources Appreciation in market value
ledger assets during year 2187872 income from in
vestment of collateral deposits during year 1161657
697884 50
56701 86
823 77568
COMPTROLLERGENERALS REPORT
interest paid on collateral deposits during year 840647
net income from collateral deposits during year 321010
premiums paid in advance 794240
38 Total income
33031 22
788441 35
IIIDISBURSEMENTS
1 Gross amount paid for losses Surety 256
73065 burglary and theft 3820886
2 Deduct salvages and reinsurance Surety
13138719 burglary and theft 429065
295029 51
135677 84
3 Net amount paid policyholders for losses 159351 67
4 Investigation and adjustment of claims Fidelity and sure
ty 3277956 burglary and theft 179043 34369 99
14 Commissions or brokerage less amount received for return
premiums and reinsurance for the following classes Fi
delity and surety 15727377 burglary and theft 27
36477 184638 54
20 Salaries fees and all other compensation of officers direct
ors trustees and home office employees 87264 34
21 Salaries traveling and all other expenses of agents not paid
by commissions 58161 86
23 Inspections other than medical 9874 44
24 Rents 7486 95
25 Repairs and expenses other than taxes on real estate 391 80
26 Taxes on real estate 1237 4
27 All other taxes licenses and insurance department fees 25092 17
28 Legal expenses 4584 72
29 Advertising 7454 23
30 Printing and stationery 12699 29
31 Postage and express 4425 76
32 Furniture and fixtures 10360 68
Loss on sale or maturity of ledger assets Baltimore Mary
land bonds sold 193438 Consolidated Gas Company of
Baltimore bonds sold 30000 United Railway and Elec
tric Company of Baltimore bonds sold 3583 real es
tate Buffalo New York sold 311248 5382 69
All other disbursements General miscellaneous expenses
2278009 depreciation in market value ledger assets dur
ing year 3644547 depreciation in market value collat
eral deposit investment during year 659000 profit and
loss 64270 66458 26
33
37
46 Total disbursements 689434 79COMPTROLLERGENERALS REPORT 569
IVLEDGER ASSETS
1 Book value of real estate unincumbered 889120 incum
bered 327759 12l58 79
2 Mortgage loans on real estate first liens 10000 00
3 Loans secured by pledge of bonds stocks or other col
laterals 64500 00
4 Book value of bonds excluding interest 125078525 and
book value of stocks 4950000 1300285 25
5 Cash deposited in banks 129541 83
7 Other ledger assets viz Judgment against the Houston Oil
Co of Texas in the amount of 3500000 fully secured 26250 00
II Ledger assets i542745 87
NONLEDGER ASSETS
13 Interest due 93750 and accrued 653661
on bonds 7474
14 Interest due on collateral loans 512 07
Total 7986 18
19 Gross premiums in course of collection viz
On policies or renewals issued subsequent to
October I 1906 Surety 6269342 bur
glary and theft 2522659 87920 01
On policies or renewals issued prior to Oc
tober 1 1006 Surety 3310014 burglary
and theft 386851 36968 65
33 Total I24888 66
37 Gross assets 1675620 71
DEDUCT ASSETS NOT ADMITTED
43 Gross premiums in course of collection written prior to Oc
tober 1 1906 36968 65
51 Admitted assets 1638652 06
VLIABILITIES
i Losses and claims
In process of adjustment Surety 3739774
burglary and theft 180137 39199 H
Reported proofs not received Surety 16
61526 burglary and theft 603820 22653 46
Resisted Surety 28248995 burglary and
theft 41575 28295 7
18 Total unpaid claims and expenses of settlement 344758 27570 COMPTROLLERGENERALS REPORT
19 Gross premiums less reinsurance upon all
unexpired risks running one year or less
from date of policy 76614536 unearned
premiums 50 per cent 383072 68
20 Gross premiums less reinsurance upon all
unexpired risks running more than one
year from date of policy 2624331 un
earned premiums pro rata 21615 34
21 Total unearned premiums 404688 02
22 Commissions brokerage and other charges due or to become
due to agents or brokers on policies issued subsequent to
October I 1906 viz Surety and fidelity 1567335 bur
glary and theft 630663 21979 98
31 Reinsurance 6220 49
32 Advance premiums too per cent 7942 40
42 Total amount of all liabilities except capital 785589 16
43 Capital actually paid up in cash 500000 00
44 Surplus over all liabilities 33062 90
45 Surplus as regards policyholders 853062 90
46 Total liabilities 5 1638652 o6
Business in the State of Georgia during the year
Surety and Burglary
i Fidelity and Theft
Gross premiums received on risks written or re
newed during the year 1639025 32904
Gross losses paid 3433 8a 2S7 g
THE AMERICAN CREDIT INDEMNITY CO OF NEW YORK
S M Phelan President E M Treat Secretary
Home Office 302 Broadway New York City N Y
Shepard Bryan Atlanta Attorney for Service in Georgia
rCAPITAL STOCK
1 Amount of capital paid up in
casn 1000000 00
2 Amount of ledger assets as per balance De
cember 31 of previous year 2240535 57
Extendedat 224053557COMPTROLLERGENERALS REPORT
571
IIINCOME
i Gross premiums unpaid December 31 last
year credit 77459 59
2 Gross premiums written and renewed during
the year credit 1244132 41
Total 1321592 00
3 Deduct gross premiums now in course of col
lection 76958 97
4 Entire premiums collected during the year 1244633 03
5 Deduct reinsurance return premiums and
cancellations 28810 45
18 Total net cash actually received for premiums 1215822 58
22 Interest on bonds 67037 90
27 Profit on sale or maturity of ledger assets Gain on sales
of 25000 St L I M Sou 5 per cent bonds 111037
and 6000 St L S W Ry 4 per cent bonds 375 25000
Texas Pacific Ry 5 per cent bonds 175901 10000
City of New York 4 per cent 37500 total 3248 13
38 Total income 1286108 61
IIIDISBURSEMENTS
1 Gross amount paid for losses credit 471109 49
2 Deduct salvage and reinsurance 2622084
3 Net amount paid policyholders for losses 444888 65
14 Commissions or brokerage less amount received on return
premiums and reinsurance for the following classes
Credit 329974 58
19 Stockholders for interest or dividends amount declared
during the year 100000 00
20 Salaries fees and all other compensation of officers direc
tors trustees and home office employees 114971 16
22 Mercantile agencies 3214 52
23 Telegraph and telephone 33i6 82
24 Rents 19779 01
25 Sundry expenses 779 45
26 Exchange 769 97
27 All other taxes licenses and insurance department fees 23680 20
28 Legal expenses 10086 52
29 Advertising 18360 94
30 Printing and stationery 6576 45
31 Postage and express 4817 92
32 Traveling expenses 13800 19572
COMPTROLLERGENERALS REPORT
33 All other disbursements Loss on sales of 100000000 U
S government bonds 2866193 loss on sales of 100
00000 City of New York bonds 37938o loss on sales
of 10000000 City of New York bonds 500000 agents
balances charged off 4781585 total 85271 58
46 Total disbursements 1186587 96
IVLEDGER ASSETS
4 Book value of bonds excluding interest 1913921 90
5 Cash in companys office 132894 deposited in bank 161
56734 total 162896 28
6 Bills receivable 7629 01
7 Other ledger assets viz Premium notes 9180886 office
furniture and fixtures 4081317 agents balances 122
98700 total 255609 03
1 r Ledger assets 2340056 22
NONLEDGER ASSETS
13 Interest accrued on bonds 9738 85
19 Gross premiums in course of collection viz On policies or
renewals issued subsequent to October 1 1906 Credit 76958 97
34 Other nonledger assets viz Accounts owned purchased
on payment of losses 49689 98
37 Gross assets 2476444 02
DEDUCT ASSETS NOT ADMITTED
39 Bills receivable 7629 01
40 Furniture and fixtures 40813 17
44 Book value of ledger assets over market
value viz Agents balances 12298700
book value of bonds over market value
2720773 total 150194 73
50 Total 198636 91
51 Admitted assets 2277807 11
VLIABILITIES
I Losses and claims on policies expiring prior
to October 1906
In process of adjustment Credit 11476 25
Resisted 6407 00
15 Net unpaid claims 17883 25COMPTROLLERGENERALS REPORT
573
17 Special reserve for credit losses on policies expiring in Oc
tober November and December 1906 being 50 per cent
of 39530028 gross premiums received on said policies
less 159208 paid during said months on losses under
said policies 196058 06
19 Gross premiums less reinsurance upon all unexpired risks
running one year or less from date of policy 1068997
47 unearned premiums 50 per cent 534498 73
22 Commissions brokerage and Other charges due or to become
due to agents or brokers on policies issued subsequent to
October I 1906 viz Credit 23916 09
42 Total amount of all liabilities except capital 772356 13
43 Capital actually paid up in cash 1000000 00
44 Surplus over all liabilities 505450 98
45 Surplus as regards policyholders 1505450 98
46 Total liabilities 2277807 11
AMERICAN CASUALTY COMPANY READING PENN
Wm H Yocttm President E P Van Reed Secretary
Home Office 15 North Fifth Street
ICAPITAL STOCK
i Amount of capital paid up
in cash 100000 00
2 Amount of ledger assets as per balance
December 31 of previous year
Extended at
150717 11
150717 II
IIINCOME
1 Gross premiums unpaid December 31
last year Accident 278632 health
23500 liability 561244 plate glass
55825 steam boiler 48166 burglary
and theft 13600
2 Gross premiums written and renewed
during the year Accident 6938712
health 281580 liability 2319979
plate glass 424716 steam boiler
9809 67
587820
37357
burglary and theft
109901 64
Total
119711 31574
COMPTROLLERGENERALS REPORT
Deduct gross premiums now in course
of collection Accident 601463
health 28212 liability 610426
plate glass 84353 steam boiler
128350 burglary and theft 21376
14741 80
Entire premiums collected during the
year Accident 6615881 health
276868 liability 2270797 plate
glass 396188 steam boiler 507636
burglary and theft 429S8i 104969 51
Deduct reinsurance return premiums
and w cancellations Accident 11
29544 health 146648 liability 4
82417 plate glass 85906 steam
boiler 137250 burglary and theft
87925 20696 90
18 Total net cash actually received for premiums
iy Interest on mortgage loans
21 Interest on bonds and dividends on
stock
22 Interest from all other sources
3417 14
2977 65
33 59
24 Total interest and rents
30 From all other sources Commissions on bonding
36 Total income
84272 61
6428 38
1051 07
91752 06
Gross amount paid
dent 2072659
liability 192128
IIIDISBURSEMENTS
for losses Acci
health 224140
plate glass 1
06186 burglary and theft 145992
27411 05
3 Net amount paid policyholders for losses 27411 05
18 Commissions or brokerage less amount received on
return premiums and reinsurance for the following
classes Accident 1589061 health 43894 lia
bility 243864 plate glass 88941 steam boiler
76779 burglary and theft 56260 total 2098799
23 Salaries fees and all other compensation of officers
and home office employees 11774 69
24 Salaries traveling and all other expenses of agents not
paid by commissions 5402 79
26 Inspection other than medical 211 19
27 Rents including companys own occupancy 1400 50
30 All other taxes licenses and insurance department fees 1496 82
31 Legal expenses 200 00COMPTROLLERGENERALS REPORT
575
32 Advertising
33 Printing and stationery
34 Postage and express
35 Furniture and fixtures
40 All other disbursements Sundry office expenses
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 and deposited in banks
11 Ledger assets
23s 30
2271 80
791 29
258 67
2090 22
74532 31
71950 00
72717 34
23269 52
167936 86
NONLEDGER ASSETS
12 Interest due 7250 and accrued 79950 on mortgages
13 Interest due and accrued on bonds
19 Gross premiums in course of collection viz On
policies or renewals issued subsequent to October
1 1906 Accident 601463 health 28212 liability
610426 plate glass 84353 steam boiler 1
28350 burglary and theft 21376
872 00
571 70
14741 80
37 Gross assets
184122 36
Vliabilities
1 Losses and claims in process of adjustment 812 75
18 Gross premiums less reinsurance upon all unexpired
risks running one year or less from date of policy
4967749 unearned premiums fifty per cent 24838 74
21 Commissions brokerage and other charges due or to
become due to agents or brokers on policies issued
subsequent to October 1 190 viz Accident 2
45979 health 9874 liability 182878 plate
glass 30367 steam boiler 36434 burglary and
theft 6101 511633
40 Total amount of all liabilities except capital 30767 82
41 Capital actually paid up in icash 100000 00
42 Surplus over all liabilities 53354 54
43 Surplus as regards policyholders 153354 54
44 Total liabilities 18412236576 COMPTROLLERGENERALS REPORT
Business in the State of Georgia during the year
Marine and
Fire Risks Inland Risks
Accident 866 40 23356
Liability 558 27
Plate glass 60 80
Burglary and theft 15 00
Aggregate
233 56
AMERICAN BANK INSURANCE COMPANY OF MINNESOTA
F E Kenaston President O B McClintock Secretary
Home Office 513 South Third Minneapolis Minn
ICAPITAL STOCK
1 Amount of capital paid up in cash 100000 00
Extended at 10000000
IIINCOME
30 From all other sources From premiums on stock
sold 50000 00
36 Total income 15000000
IIIDISBURSEMENTS
30 Recording fees paid
45 Total disbursements
IVLEDGER ASSETS
2 Mortgageloans on real estate first liens 57096 25
3 Loans secured by pledge of bonds stocks or other col
laterals J4545 00
4 Book value of bonds excluding interest 50000 00
5 Cash deposited in banks 28351 75
11 Ledger assets 149993 00
VLIABILITIES
41 Capital actually paid up in cash 100000 00
42 Surplus over all liabilities 49993 00
43 Surplus as regards policyholders 149993 00COMPTROLLERGENERALS REPORT
577
AMERICAN SURETY COMPANY OF NEW YORK
H D Lyman President H B Zevely Secretary
Home Office 100 Broadway New York City N Y
ICAPITAL STOCK
1 Amount of capital paid up in cash 2500000 00
2 Amount of ledger assets as per bal
ance December 31 of previous year 5882768 08
Extended at 5882768 08
279732 93
IIINCOME
1 Gross premiums unpaid December 31
last year Fidelity 6020172 surety
21953121
2 Gross premiums written and renewed
during the year Fidelity 98263429
surety 127882617 226146046
Total 254119339
3 Deduct gross premiums now in course
of collection Fidelity 5950278
surety 23109772 290600 50
4 Entire premiums collected during the
year Fidelity 98333323 surety
126725966 2250592 89
5 Deduct reinsurance return premiums
and cancellations Fidelity 126
90293 surety 24353187 37043480
18 Total net cash actually received for premiums Ijj
22 Interest on bonds and dividends on
stock
23 Interest on deposits
24 Interest from all other sources
25 Gross rents from companys property
including 3660000 for companys oc
cupancy of its own buildings
101219 37
13686 72
1597 73
258434 OS
0158 09
26 Total interest and rents
32 From all other sources
33 Interest paid in advance on U S 4 per
cent bonds
37 in
1950 00
374937 87578
COMPTROLLERGENERALS REPORT
34 Checks of other parties in process of
collection December 31 1906
Checks of other parties in process of
collection December 31 1905
359 18 100 87
3cess of 2309 18 2208 31
x paid in 1905 i6939 50
38 Total income 2272136 33
IIIDISBURSEMENTS
1 Gross amount paid for losses Fidelity
27130534 surety 42562486 69693020
2 Deduct salvage and reinsurance
Fidelity 10674872 surety 24067154 347420 26
j Net amount paid policyholders for losses
4 Investigation and adjustment of claims Fidelity
14 Commissions or brokerage less amount received on
return premiums and reinsurance for the following
classes Fidelity 4959835 surety 9317851
19 Stockholders for interest or dividends amount de
clared during the year
20 Salaries fees and all other compensation of officers
directors trustees and home office employees
X Salaries traveling and all other expenses of agents not
paid by commissions
3 Inspections other than medical
4 Rents including 3660000 for companys occupancy
of its own buildings
25 Repairs and expenses other than taxes on real estate
26 Taxes on real estate
27 All other taxes licenses and insurance department fees
28 Legal expenses
29 Advertising
30 Printing and stationery
31 Postage and express
32 Furniture and fixtures
33 Loss on sale or maturity of ledger assets State of
Alabama 5 per cent bonds redeemed
37 All other disbursements General miscellaneous ex
penses
349509 94
28188 43
142776 86
250000 00
270891 19
364274 94
10857 48
38450 00
85095 50
64024 66
34482 88
2981 67
21931 20
38246 73
24781 65
14156 80
2462 50
35758 15
40 Premiums paid in advance December
31 1906 18246 00
1778870 58COMPTROLLERGENERALS REPORT 579
41 Premiums paid in advance December
31 J90S 1105003
42 Deduct increase for 1906 lg 7
46 Total disbursements 1771674 61
IVLEDGER ASSETS
I Book value of real estate unincumbered 3148587 64
4 Book value of bonds excluding interest 190566834
and book value of stocks 67453125 2s8oi99 59
5 Cash in companys office 212600 deposited in bank
6S23l6S7 654442 57
11 Ledger assets 6383220 8o
NONLEDGER ASSETS
13 Interest accrued on bonds 7462 66
15 Interest accrued on other assets 2360 00
16 Rents due 348435 and accrued 604166 on com
panys property or lease 9S26 0I
18 Market value not including interest in item 13 of
bonds and stocks over book value 7407 10
19 Gross premiums in course of collection viz
On policies or renewals issued subse
quent to October I 1906 Fidelity
5463698 surety 11983305 17447003
On policies or renewals issued prior to
October 1 1906 Fidelity 486580
surety 11126467 11613047
33 Total 290600 50
37 Gross assets 6700586 07
DEDUCT ASSETS NOT ADMITTED
43 Gross premiums in course of collection written prior
to October 1 1906 11613047
51 Admitted assets 658445560
Vliabilities
I Losses and claims
In process of adjustment Fidelity 41107 42
Reported proofs not received Fidelity
997344i surety 23066906 330403 47580
COMPTROLLERGENERALS REPORT
Resisted Fidelity 3306225 surety
16843644 201498 69
15 Net unpaid claims
19 Gross premiums less reinsurance upon
all unexpired risks running one year
or less from date of policy 1772
39174 unearned premiums fifty per
cent
20 Gross premiums less reinsurance upon
all unexpired risks running more than
one year from date of policy 185
29241 unearned premiums pro rata
573009 58
5i9S 87
105315 39
21 Total unearned premiums 991511 26
22 Commissions brokerage and other charges due or to
become due to agents or brokers on policies issued
subsequent to October I 1906 viz Fidelity 1
78263 surety 543826 722089
26 Salaries rents expenses taxes bills accounts fees
etc due or accrued 12500 00
29 Interest paid in advance on U S 4 per cent registered
bonds 1950 00
32 Advance premiums 100 per cent 18246 00
33 Other liabilities viz Checks of other parties in
process of collection 359 i
42 Total amount of all liabilities except capital 160479691
43 Capital actually paid up in cash 2500000 00
44 Surplus over all liabilities 2479658 69
45 Surplus as regards policyholders 4979658 69
46 Total liabilities 658445560
Business in the State of Georgia during the year
Fidelity Surety
Gross losses incurred 6228 24
Gross premiums received on risks written
pr renewed during the year 7265 89 243 3a
Gross losses paid 4814 07COMPTROLLERGENERALS REPORT
581
CONTINENTAL CASUALTY COMPANY OF INDIANA
H GB Alexander President W H Betts Secretary
Home Office Hammond Ind
General Office 1208 Michigan Avenue Chicago 111
W A Wright Atlanta Attorney for Service in Georgia
ICAPITAL STOCK
1 Amount of capital paid
up in cash 300000 00
2 Amount of ledger assets December 31
of previous year 1076969 27
Extended at 1076969 27
IIINCOME
1 Gross premiums unpaid December 31
last year Accident 65465040
health 3081554 68546604
2 Gross premiums written and renewed
during the year Accident 2458
99316 health 32697733 278597049
Total 3471436 53
3 Deduct gross premiums now in course
of collection Accident 62675809
health 3255902 659317 11
4 Entire premiums collected during the
year Accident 248688547 health
32S23395 281211942
5 Deduct reinsurance return premiums
and cancellations Accident 521
78484 health 8496550 60675034
18 Total net cash actually received for premiums 2205369 08
Policy fees required or represented by application 197400 75
19 Interest on mortgage loans 27785 86
20 Interest on collateral loans i773 42
21 Interest on bonds and dividends on
on stock 12850 79
Interest on deposits 88 57
22 Interest from all other sources 30 49
23 Gross rents from companys property
including companys own occupancy 3ooo 00
24 Total interest and rents
45529 13582
COMPTROLLERGENERALS REPORT
25 Profit on sale or maturity of ledger assets Illinois
Tunnel Co bonds book value 2200000 sold for
2400000 profit 2000 00
36 Total income 2450298 96
IIIDISBURSEMENTS
1 Gross amount paid for losses Accident
92595860 health 8981229 101577089
2 Deduct salvage and reinsurance 15000 00
3 Net amount paid policyholders for losses 1000770 89
18 Commissions or brokerage less amount received on
return premiums and reinsurance for the following
classes Accident 45236749 health 6168647 514053 96
Policy fees returned by agents 197400 7
22 Stockholders for interest or dividends amount de
clared during the year 60000 00
23 Salaries fees and alf other compensation of officers
and home office employees 183183 21
24 Salaries traveling and all other expenses of agents not
paid by commissions 203409 98
25 Medical examiners fees and salaries 10321 71
27 Rents for companys own occupancy 18567 60
30 All other taxes licenses and insurance department fees 37824 46
31 Legal expenses 24632 50
32 Advertising 8794 85
33 Printing and stationery 18791 67
34 Postage and express 19840 44
36 Loss on sale or maturity of ledger assets Fifty shares
Union National Bank stock book value 500000 sold
r for 450000 loss 500 00
40 All other disbursements Bank exchange 119775
general expense 1666485 17862 60
45 Total disbursements 2335071 61
IVLEDGER ASSETS
1 Book value of real estate unincumbered 4468801
2 Mortgage loans on real estate first liens 487339 25
3 Loans secured by pledge of bonds stocks or other col
laterals 31250 00
4 Book value of bonds excluding interest 22972500
and book value of stocks 6500000 294725 00
5 Cash in companys office 306850 deposited in banks
10521072 10827922
6 Bills receivable 3934 75COMPTROLLERGENERALS REPORT
583
7 Other ledger assets Cash in hands of treasurers and
paymasters in transit 15341735 furniture and fix
tures 3073967 agents balances 3782337
220080 39
11 Ledger assets 119219662
NONLEDGER assets
12 Interest due 843280 and accrued
321271 on mortgages
13 Interest accrued on bonds
14 Interest accrued on collateral loans
11645 51
3809 58
15 64
Total
18 Market value not including interest in item 13 of
bonds and stocks over book value
19 Gross premiums in course of collection viz
On policies or renewals issued subsequent to October
I 1906 Accident 62675809 health 3255902
15470 73
8100 00
659317 11
37 Gross assets 1875084 46
DEDUCT ASSETS NOT ADMITTED
39 Bills receivable
40 Furniture and fixtures
41 Supplies printed matter and stationery
agents balances
3934 75
30739 67
37823 37
51 Admitted assets 180258667
VLIABILITIES
1 Losses and claims
In process of adjustment Accident
1301884 health 128754
2 Reported proofs not received Acci
dent 14881780 health 651933
3 Resisted Accident 1718900 health
255100
13 Total
14 Deduct reinsurance
14306 38
150337 13
19740 00
184383 51
21014 00
17 Total unpaid claims and expenses of settlement
18 Gross premiums less reinsurance upon all unex
pired risks running one year or less from date of
policy 172743526 unearned premiums fifty per
cent
22 Accident 13879210 health 712550
163369 51
863717 63
145917 60584
COMPTROLLERGENERALS REPORT
25 Salaries rents expenses taxes bills accounts fees
etc due or accrued
30 Reinsurance
31 Other liabilities viz Advance premium 100 per
cent 425150 contingent reserve 5000000
40 Total amount of all liabilities except capital
41 Capital actually paid up in cash 300000 00
Surplus over all liabilities 25838669
6300 50
10643 24
54251 SO
1244199 98
43 Surplus as regards policyholders
44 Total liabilities
558386 69
1802586 67
Business in the State of Georgia during the year
Accident
Gross premiums received on risks written
or renewed during the year 978 57
Gross losses paid 434 57
Gross losses incurred 456 88
Health
391 05
391 05
186 30
EMPIRE STATE SURETY COMPANY OF NEW YORK
villiam M Torhlifis Jr President Daniel Stewart Secretary
Home Office 391 Fulton Street
rCAPITA STOCK
1 Amount of capital paid
up in cash 75000000
2 Amount of ledger assets as per bal
ance December 31 of previous year 788216 60
3 Increase of paid up capital during the
year 250000 00
Extended at 1038216 60
IIINCOME
Gross premiums unpaid December 31
last year Accident 57T352 lia
bility 3737005 fidelity 1596718
surety 13992358 plate glass 11
64844 steam boiler 13925
burglary and theft 1113358 sprink
ler 16500 22206060
2 Gross premiums written and renewed
during the year Accident 6177209COMPTROLLERGENERALS REPORT
585
liability 35022885 fidelity 62
79067 surety 29973405 plate glass
8056079 steam boiler 922453
burglary and theft 6967928 sprink
ler 417154
938161 80
Total 1160222 40
Deduct gross premiums now in course
of collection Accident 1160085
liability 7958234 fidelity 713486
surety 9029826 plate glass 14
82755 steam boiler 143025 burglary
and theft 1358371 sprinkler 20077 218658 59
Entire premiums collected during the
year Accident 5588476 liability
30801656 fidelity 7162299 surety
34935937 plate glass 7738168
steam boiler 793353 burglary and
theft 6722915 sprinkler 413577 941563 8l
Deduct reinsurance return premiums
and cancellations Accident 22
68861 liability 8139009 fidelity
916284 surety 9193295 pate
glass 2027368 steam boiler 2
73908 burglary and theft 2431443
sprinkler 101200 25351368
24
25
30
36
18 Total net cash actually received for premiums 688050 13
19 Interest on mortgage loans
21 Interest on bonds and dividends on stock
22 Interest from all other sources
23 Gross rents from companys prop
erty
i44i 79
23335 00
6339 67
60 00
Total interest and rents 31176 46
Profit on sale or maturity of ledger assets 3188 59
From all other sources Increase of paid in surplus
12500000 bringing to book value sundry stocks
and bonds written down at close of 1905 and so re
ported 3506125 l6o61 25
Total income 882476 43
IIIDISBURSEMENTS
Gross amount paid for losses Accident
748833 liability 5596249 fidelity
3190873 surety 12377644 plate
glass 2493825 burglary and theft
1466210 sprinkler 97107
259707 41586
COMPTROLLERGENERALS REPORT
2 Deduct salvage and reinsurance 258
33 liability 450 fidelity 1802843
surety 3180131 plate glass 12547
burglary and theft 26993552917 39
3 Net amount paid to policyholders for losses
14 Investigation and adjustment of claims including
legal and other expenses in defense of suits against
policyholders viz Accident 7450 liability 8
38244 fidelity 18476 surety 30168 plate glass
23493 burglary and theft 32627
18 Commissions or brokerage less amount received on
return premiums and reinsurance for the following
classes Accident 1138860 liability 7518439
fidelity 1455358 surety 5313477 plate glass
2027027 steam boiler 116872 burglary and theft
1223176 sprinkler 75288
22 Stockholders for interest or dividends amount de
clared 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
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
35 Furniture and fixtures
36 Loss on sale or maturity of ledger assets
40 All other disbursements Interest and exchange 1
25i37 telephone and telegraph 415930 miscel
laneous 1012988
45 Total disbursements
IVLEDGER ASSETS
1 Book value of real estate unincumbered
2 Mortgage loans on real estate first liens
4 Book value of bonds excluding interest 58883389
and book value of stocks 14748750
5 Cash in companys office 1036749 deposited in
banks 21704088
6 Bills receivable
7 Other ledger assets Accrued interest
409 advanced on contracts fully
206790 02
9504 58
188684 97
40000 00
103080 89
42155 64
2218 29
35483 84
12025 60
11479 56
6425 34
11260 02
6208 01
3855 59
6276 75
15540 55
690989 65
52799 79
166800 00
736321 39
227408 37
3008 01COMPTROLLERGENERALS REPORT
587
12
13
17
19
secured 1626970 deposited with
county treasurer Albany N Y 10
04433 cash in hands of agents 15
81425 accounts receivable 191234
rent paid in advance 133333
Deduct ledger liabilities This year 3
81754 last year 180532
45378 04
Total
43365 82
Ledger assets 1229703 38
NONEEDGER ASSETS
Interest accrued on mortgages
Interest accrued on bonds
Market value of real estate over book value
Gross premiums in course of collection
On policies or renewals issued subse
quent to October 1 Accident
965156 liability 7411860 fidelity
416191 surety 3586011 plate
glass 1261399 steam boiler 1
10625 burglary and theft 1284857
sprinkler 20077
On policies or renewals issued prior
to October 1 1906 Accident 194995
liability 546374 fidelity 297295
surety 5443815 plate glass 221356
steam boiler 32400 burglary and
theft 73514
150561 76
68096 83
33 Total
1504 72
3024 43
8850 21
218658 59
37 Gross assets 1461741 33
DEDUCT ASSETS NOT ADMITTED
39 Bills receivable 300801
43 Gross premiums in course of collec
tion written prior to October 1
1906 68096 83
44 Book value of ledger assets over market
value viz Bonds market 568
19750 2063639 stocks market
12996250 1752500 accrued inter
est included in item of nonledger
assets 490 3816548
Total
109270 32
51 Admitted assets 1352471 01588
COMPTROLLERGENERALS REPORT
VLIABILITIES
Losses and claims
Adjusted Accident 15298 health
56427 fidelity 61447 surety 7r
49939 plate glass 385420 burglary
and theft 199279
In process of adjustment Accident
20267 fidelity 170494 surety 11
86647 burglary and theft 190743
workmens collective 614725
Reported proofs not received Acci
dent 597io health 76071 fidelity
8285 surety 2319948 burglary
and theft 151850
Resisted Health 15000 fidelity 1
00000 surety 1173840 burglary and
theft 130000
17
18
T
13 Total
14 Deduct reinsurance
unpaid liability
15 Net unpaid claims
16 Special reserve for
losses
Total unpaid claims
Gross premiums less reinsurance
upon all unexpired risks running one
year or less from date of policy 532
00660 unearned premiums fifty per
cent
Gross premiums less reinsurance upon
all unexpired risks running more
than one year from date of policy
11489167 unearned premiums pro
rata

14678 10
21828 76
26158 64
14188 40
76853 90
1263 04
75590 86
24668 17
266003 3
66863 13
20 Total unearned premiums
21 Commissions brokerage and other charges due or to
become due to agents or brokers on policies issued
subsequent to October 1 1906 viz Accident 3
31048 liability 2099284 fidelity 96140 surety
740153 plate glass 447797 steam boiler 24891
burglary and theft 366184 sprinkler 4839
25 Salaries rents expenses taxes bills accounts fees
etc due or accrued
30 Reinsurance
31 Other liabilities viz Advance premiums 100 per
cent 456886 miscellaneous 69797
100259 03
332866 43
41103 36
4375 97
3432 30
5266 83
40 Total amount of all liabilities except capital 487303 92tT
COMPTROLLERGENERALS REPORT 589
41 Capital actually paid up in cash 750000 00
42 Surplus over all liabilities 11516709
43 Surplus as regards policyholders 86516709
44 Total liabilities 135247101
Business in the State of Georgia during the year
Gross Premiums
Received on Risks
Written or Renewed Gross Losses
During the Year Paid
Accident 1763 88 46373
Liability 140 77
Fidelity 418 34
Surety 709 95
Plate glass 477 42 26o OI
Burglary and theft 285 95
EMPLOYERS INDEMNITY CO OF PHILADELPHIA PA
John T Bailey President Trevanion B Dallas Secretary
Home Office Stephen Girard Building 12th Street above Chestnut St
ICAPITAL STOCK
i Amount of capital paid up
in cash 100000 00
2 Amount of ledger assets as per bal
ance December 31 of previous
year 317300 42
Extended at 31730042
IIINCOME
i Gross premiums unpaid December 31
last year Accident 10212 liability
3576814 3587026
2 Gross premiums written and renewed
during the year Accident 105700
liability 29437091 295427 91
Total 331298 17
3 Deduct gross premiums now in course
of collection Accident 3750 lia
bility 4450530 4454280
4 Entire premiums uncollected during the
year Accident 112162 liability
28563375 286755 37SB
590
COMPTROLLERGENERALS REPORT
5 Deduct reinsurance return premiums
and cancellations Accident 13485
liability 6411064 6424549
18 Total net cash actually received for premiums
19 Interest on mortgage loans 1605 30
21 Interest on bonds and dividends on
stock i2o6S 63
22 Interest from all other sources 272 62
24 Total interest and rents
36 Total income
222509 88
13943 55
236453 43
IIIDISBURSEMENTS
I Gross amount paid for losses Accident 9250 lia
bility 7764371
18 Commissions or brokerage less amount received on
return premiums and reinsurance for the following
classes Accident 30271 liability 3940422
22 Stockholders for interest or dividends amount de
clared 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 Rents for companys own occupancy
30 All other taxes licenses and insurance department fees
31 Legal expenses
32 Advertising printing and stationery
34 General expenses
35 Furniture and fixtures
40 All other disbursements Traveling expenses
77736 21
397o6 93
6000 00
31029 56
448 00
240 50
2118 84
3004 31
11190 57
2045 55
549i 14
419 46
3421 09
45 Total disbursements 182852 16
IVLEDGER ASSETS
2 Mortgage loans on real estate first liens 24600 00
4 Book value of bonds excluding interest 28989280
and book value of stocks 3433200 324224 80
5 Cash in companys office 66675 deposited in bank
2138815 2205490
6 Bills receivable 21 99
11 Ledger assets 370901 69

COMPTROLLERGENERALS REPORT
591
NONLEDGER ASSETS
P13000 and accrued 31006 on mort
12 Interest due
gages
13 Interest due and accrued on bonds
15 Interest due and accrued on other assets
16 Rents on companys property or lease
19 Gross premiums in course of collection viz
On policies or renewals issued subse
quent to October I 1906 Accident
2500 liability 3830001
On policies or renewals issued prior to
October 1 1906 Accident 1250
liability 620529
38325 01
6217 79
33 Total
34 Other nonledger assets viz
tures
Furniture and fix
37 Gross assets
DEDUCT ASSETS NOT ADMITTED
21 99
1471 44
39 Bills receivable
40 Furniture and fixtures
43 Gross premiums in course of collection
written prior to October 1 1906 6217 79
44 Book value of ledger assets over market
value
5539 20
50 Total
51 Admitted assets
vLIABILITIES
l6i Special reserve for estimated amount of unpaid lia
bilit3r claims
18 Gross premiums less reinsurance upon
all unexpired risks running one year
or less from date of policy 19100581
unearned premiums fifty per cent 9550291
19 Gross premiums less reinsurance upon
all unexpired risks running more than
one year from date of policy 14
87281 unearned premiums gi4 83
20 Total unearned premiums
21 Commissions brokerage and other charges due orto
become due to agents or brokers on policies issued
44 96
38o6 70
530 00
4777 66
44542 80
1471 44
421693 59
13250 42
408443 17
17000 00
104687 74592
COMPTROLLERGENERALS REPORT
subsequent to October I 1906 viz Accident 875
liability 721101 7219 76
25 Salaries rents expenses taxes bills accounts fees
etc due M50 39
31 Other liabilities viz Advance premiums 100 per
cent 35900 special contingent reserve 10
00000 io359 00
40 Total amount of all liabilities except capital 14349689
41 Capital actually paid up in cash 100000 00
42 Surplus over all liabilities 164946 28
43 Surplus as regards policyholders
44 Total liabilities
Business in the State of Georgia during the year
Gross premiums received on risks written or renewed
during the year
Gross premiums paid
Gross losses incurred
264946 28
408443 17
Liability
334 75
103 00
103 00
EMPLOYERS LIABILITY ASSURANCE CORPORATION LIMITED
U S BRANCH OF GREAT BRITAIN AND IRELAND
Lord Claud Hamilton Chairman S Stanley Brown Esq Secretary
Samuel Appleton United States Manager
1 Iome Office of the United States Branch 33 Broad Street Boston Mass
ICAPITA STOCK
2 Amount of ledger assets as per balance
December 31 of previous year 2671270 57
Extended at 2671270 57
IIINCQMK
1 Gross premiums unpaid December 31 last
year Accident 5149748 health 2994
75 liability 38223889 fidelity 457694 441308 06
2 Gross premiums written and renewed during
the year Accident 26244581 health
3974333 liability 263483083 fidelity
9435718 burglary and theft 3140493 3062782 08
3 Total 3504090 14COMPTROLLERGENERALS REPORT
593
4 Deduct gross premiums now in course of col
lection Accident 4840733 health 3
02209 liability 41900575 fidelity 6
14007 burglary and theft 646806 483043 30
5 Entire premiums collected during the year
Accident 26553596 health 3971599
liability 259806397 fidelity 9279405
burglary and theft 2493687 3021064 84
6 Deduct reinsurance return premiums and
cancellations Accident 4044992 health
886839 liability 33149947 fidelity
1994187 burglary and theft 330237 404062 02
18 Total net cash actually received for premiums 2616984 82
31 Interest on bonds and dividends on stock 87134 78
22 Interest from all other sources 1566 30
24 Total interest and rents 88701 08
30 From all other sources Home office 25417593 bad debt
account 2934 254205 27
36 Total income 2959891 19
IIIDISBURSEMENTS
1 Gross amount paid for losses Accident
14104928 health 1296727 liability
77627110 fidelity 2545816 burglary
and theft 168400 957429 81
2 Deduct salvage and reinsurance Accident 9 38
3 Net amount paid policyholders for losses 95742o 43
14 Investigation and adjustment of claims including legal and
other expenses in defense of suits against policyholders
viz Accident 563505 health 10901 liability 176
74858 fidelity 247707 burglary and theft 3570 185005 4
18 Commissions or brokerage less amount received on return
premiums and reinsurance for the following classes Ac
cident 8248307 health 271099 liability 61428051
fidelity 1358759 burglaryand theft 546992 718802 08
23 Salaries fees and all other compensation of officers and
home office employees 57428 02
24 Salaries traveling and all other expenses of agents not paid
by commissions 18977 28
26 Inspections other than medical 30882 66
27 Rents 46451 42
30 All other taxes licenses and insurance department fees 44556 09
31 Legal expenses not included in No 14 1977 23
32 Advertising 5808 10
38 in594 COMPTROLLERGENERALS REPORT
33 Printing and stationery 23670 98
34 Postage and express 18047 65
35 Furniture and fixtures 4208 01
36 Loss on sale or maturity of ledger assets Maturity City of
Los Angeles Cal 5 per cent bonds 24150 maturity
Eastern R R 6 per cent bonds 106250 1304 00
45 Total disbursements 2114630 26
IVLEDGER ASSETS
4 Book value of bonds excluding interest 3494111 06
5 Cash in companys office 330000 deposited in bank 1
05724 total 43S7 24
7 Other ledger assets Cash deposited with trustees with
Kidder Peabody Co 18063 18
11 Ledger assets 3516531 48
NONIEDGER ASSETS
13 Interest due and acrued on bonds 36802 40
19 Gross premiums in course of collection viz
On policies or renewals issued subsequent to October 1
Accident 4599360 health 362209 liability 39565428
fidelity 608934 burglary and theft 585040 456609 70
On policies or renewals issued prior to October 1 Acci
dent 241373 liability 2335147 fidelity 5073 bur
glary and theft6i766 26433 59
37 Gross assets 4036377 18
DEDUCT ASSETS NOT ADMITTED
43 Gross premiums in course of collection writ
ten prior to October 1 1006 26433 59
44 Book value of ledger assets over market
value viz Bonds 99426 06
50 Total I2Sig59 6s
51 Admitted assets 3910517 53
VLIABILITIES
I Losses and claims
In process of adjustment Accident 27925
00 health 304500 fidelity 596000
burglary and theft 54000 37470 00COMPTROLLERGENERALS REPORT
595
Resisted Accident 836500 fidelity 1
60500
15 Net unpaid claims except liability claims
16 Special reserve for unpaid liability losses
9970 op
47440 00
1468941 23
17 Total unpaid claims 1516381 23
18 Gross premiums less reinsurance upon all
unexpired risks running one year or Jess
from date of policy 205661505 unearn
ed premiums 50 per cent 1028307 53
19 Gross premiums less reinsurance upon all
unexpired risks running more than one
year from date of policy 23011953 un
earned premiums pro rata 129869 90
20 Total unearned premiums 1158177 43
21Commissions brokerage and other charges due or to be
come due to agents or brokers on policies issued subse
quent to October 1 1906 viz Accident 1643645 health
104855 liability 11185718 fidelity 157576 bur
glary and theft 176873
25 Salaries rents expenses taxes bills accounts fees etc
due or accrued
132686 67
50000 00
40 Total amount of all liabilities except capital 2857245 33
41 Statutory deposit 250000 00
42 Surplus over all liabilities 803272 20
43 Surplus as regards policyholders 1053272 20
44 Total liabilities 3910517 S3
Accident
Health
Liability
Burglary and theft
Business in the State of Georgia during the year
Marine and
Fire Risks
6062 73
2848 21
6967 69
497 SO
Inland Aggregate
2385 16 12510 14
1709 25 1669 25
2169 IS 2949 IS
58 00 158 00
596
COMPTROLLERGENERALS REPORT
FEDERAL UNION SURETY COMPANY OF INDIANA
Hugh Dougherty President C R Hinkie Secretary
Home Office Corner Market and Pennsylvania Streets Indianapolis Ind
ICAPITAL STOCK
1 Amount of capital paid up in
cash 300000 00
2 Amount of ledger assets asper balance
December 31 of previous year 376327 09
3 Increase of paidup capital during the year 50000 00
Extended at 426327 091
11INCOME
1 Gross premiums unpaid December 31 last
year Fidelity and surety 34438 57
2 Gross premiums written and renewed during
the year Fidelity and surety 309847 93
3 Total
4 Deduct gross premiums now in course of col
lection Fidelity and surety
344286 50
26534 86
5 Entire premiums collected during the year
Fidelity and surety 317761 64
6 Deduct reinsurance return premiums and
cancellations Fidelity and surety 30334 85
18 Total net cash actually received for premiums 287426 79
19 Interest on mortgage loans 9432 81
21 Interest on bonds and dividends on stock 3265 00
22 Interest from all other sources 2210 15
24 Total interest and rents
25 Profit on sale or maturity of ledger assets Real estate
mortgages
14907 96
24 50
36 Total income 302359 25
IIIDISBURSEMENTS
1 Gross amount paid for losses Fidelity and
surety 106898 71
2 Deduct salvage and reinsurance Fidelity
and surety 49568 42
3 Net amount paid policyholders for losses
57330 29COMPTROLLERGENERALS REPORT 597
14 Investigation and adjustment of claims including legal and
other expenses in defense of suits against policyholders 845 70
18 Commissions or brokerage less amount received on return
premiums and reinsurance fiQ 0A
o 1 80992 00
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 000
D 18881 99
27 Rents yy
7 2Q2 OO
30 All other taxes licenses and insurance department fees 9626 64
31 Legal expenses not included in No 14
32 Advertising f
33 Printing and stationery Jtfl 7
34 Postage and express 2281 29
35 Furniture and fixtures g6
36 Loss on sale or maturity of ledger assets 2069 40
40 All other disbursements Telephone and telegraph 98026
miscellaneous home office expenses 308217 trust funds
returned 60700 total 66
45 Total disbursements 23663400
IVLEDGER ASSETS
2 Mortgage loans on real estate first liens 218350 00
4 Book value of bonds excluding interest 9126 40
5 Cash deposited in banks 139579 45
7 Other ledger assets Expenses advanced 56643 agents
debit balances 170363 advanced on contracts secured
3392743 special deposit in New York 666000 42847 49
11 Ledger assets
NONLEDGEK ASSETS
12 Interest due 4250 and accrued 321814 on mortgages 3260 64
13 Interest accrued on bonds 2g n
15 Interest accrued on other assets 320 co
19 Gross premiums in course of collection viz
On policies or renewals issued subsequent to
October 1 Fidelity and surety 22161 70
On policies or renewals issued prior to Octo
ber 1 Fidelity and surety 4363 16
33 Total 2652486
37 Gross assets 522443 45
598
COMPTROLLERGENERALS REPORT
DEDUCT ASSETS NOT ADMITTED
43 Gross premiums in course of collection writ
ten prior to October 1 1906 4363 16
44 Book value of ledger assets over market
value viz Expenses advanced 56643
agents debit balances 170363 2270 06
50 Total
51 Admitted assets 515810 23
6633 22
VLIABILITIES
I Losses and claims in process of adjustment
Fidelity and surety 19935 93
17 Total unpaid claims and expenses of settlement 20000 00
18 Gross premiums less reinsurance upon all
unexpired risks running one year or less
from date of policy 25862332 unearned
premiums 50 per cent 129311 66
19 Gross premiums less reinsurance upon all
unexpired risks running more than one
year from date of policy 932692 un
earned premiums pro rata 6872 83
20 Total unearned premiums 136184 49
21 Commissions brokerage and other charges due or to be
come due to agents or brokers on policies issued subse
quent to October 1 1906 4432 34
40 Total amount of all liabilities except capital 160616 83
41 Capital actually paid up in cash 300000 00
42 Surplus over all liabilities 55193 40
43 Surplus as regards policyholders 355193 40
44 Total liabilities 515810 23COMPTROLLERGENERALS REPORT
599
FIDELITY AND CASUALTY COMPANY OF NEW YORK
George F Seward President Robert J Hillas Secretary
Home Office 97 to 103 Cedar Street New York N Y
Eugene Oberdorfer Atlanta Attorney for Service in Georgia
ICAPITAL STOCK
1 Amount of capital paid up in
cas1 500000 00
2 Amount of ledger assets as per balance
December 31 of previous year 6102193 19
3 Increase of paidup capital during the year 500000 00
Extended at 6602193 10
IIINCOME
As shown by the books at the home office at close of business Dec 31 1906
1 Gross premiums unpaid December 31 last
year Accident 19481873 health 178
74609 liability 27006364 fidelity 19
48403 plate glass 3683127 steam boil
er 7251864 burglary and theft 59055
68 fly wheel 420531 835723 39
2 Gross premiums written and renewed during
the year Accident 233806828 health
117950082 liability 220702084 fidel
ity 37943397 plate glass 38280117
steam boiler 53665747 burglary and
theft 60887499 Ay wheel 7788728
7800244 82
Total 8635968 21
Deduct gross premiums now in course of col
lection Accident 18443436 health
19224933 liability 29906616 fidelity
2926748 plate glass 5026161 steam
boiler 6746867 burglary and theft 69
53854 Ay wheel 1066528 902951 43
Entire premiums collected during the year
Accident 234845265 health 1165997
58 liability 217801832 fidelity 369
65052 plate glass36937083 steam boiler
54170744 burglary and theft 688392
13 fly wheel 7142731 7733or6 78
Deduct reinsurance return premiums and
cancellations Accident 78614619 health600
COMPTROLLERGENERALS REPORT
37098263 liability 33998245 fidelity
6491819 plate glass 6171808 steam
boiler 17124319 burglary and theft
14809380 fly wheel 966078 1952745 31
18 Total net cash actually received for premiums 5780271 4f
ei Interest on collateral loans 2763 96
2 Interest on bonds and dividends on stock 220601 73
23 Interest on deposits 972 37
4 Interest from all other sources 8603 23
eg Gross rents from companys property including 5571754
for companys occupancy of its own buildings 70981 63
32 Erom all other sources Profit and loss 14415 premiums
paid in advance 1535986 15504 01
35 Unearned premiums held under contract with Munich Re
insurance Co 39605 68
36 Fidelity insurance fund subscriptions from agents and
employees 7374 82
37 Suspense account 1941 16
38 All other 498 11
39 Total income 6149120 17
IIIDISBURSEMENTS
As shown by the books at the home office at close of business Dec 31 1906
1 Gross amount paid for losses Accident
69066137 health 30472107 liability
87229595 fidelity 6712530 plate glass
11351697 steam boiler 9938978 bur
glary and theft 22488239 fly wheel 16
61985 238921268
2 Deduct salvage and reinsurance Accident
3415670 health 3214 liability 12
89003 fidelity 1861854 plate glass
721320 steam boiler 3326543 bur
glary and theft 839874 fly wheel 47244 t 15042 22
3 Net amount paid policyholders for losses 2274170 46
14 Commissions or brokerage less amount received on return
premiums and reinsurance for the following classes Ac
cident 54509191 health 27545396 liability 407478
38 fidelity 4780306 plate glass 9580587 steam boil
er 8585742 burglary and theft 12516546 fly wheel
939860 159205466
19 Stockholders for interest or dividends amount declared
during the year 62000000 Stock 50000000 cash
12000000 620000 00
20 Salaries fees and all other compensation of officers direc
tors trustees and home office employees 401573 82

COMPTROLLERGENERALS REPORT
601
21 Salaries traveling and all other expenses of agents not paid
by commissions
22 Medical examiners fees and salaries
23 Inspections other than medical
24 Rents 8660187 including 5571754 for companys occu
pancy less 1526483 included in items 13 and 23
95588 included in item 21
25 Repairs and expenses other than taxes on real estate
26 Taxes on real estate
27 All other taxes licenses and insurance department fees
28 Legal expenses
29 Advertising
30 Printing and stationery
31 Postage and express
32 Furniture and fixtures
37 All other disbursements Sundry expenses 95ior6o
profit and loss 41320
301393 09
5079 50
194273 52
47381 16
32969 86
12821 42
100056 40
4235 4i
20966 82
60053 34
24863 31
548o 53
95514 80
46 Total disbursements 6081809 65
IVLEDGER ASSETS
As shown by the books at the home office at close of business Dec 31 1906
I Book value of real estate unincumbered 969426 39
3 Loans secured by pledge of bonds stocks or other collat
laterals 100000 00
4 Book value of bonds excluding interest 255958667 and
book value of stocks 291576148 5475348 15
5 Cash in companys office 608687 deposited in banks
9630385 102390 72
8 Agents balances and sundry ledger assets 22338 45
11 Ledger assets 6669503 71
NONLEDGER ASSETS
13 Interest accrued on bonds 5163 24
14 Interest accrued on collateral loans 16 66
15 Interest accrued on other assets 906 24
16 Rents accrued on companys property or lease 1250 00
Total
18 Market value not including interest in item 13 of bonds
and stocks over book value
19 Gross premiums in course of collection viz
On policies or renewals issued subsequent to
October 1 1906 Accident 16653969
health 18382734 liability 23706772
fidelity 2365272 plate glass 4816001
steam boiler 6612291 burglary and theft
6532764 fly wheel 991758 800615 61
7336 14
421831 41602 COMPTROLLERGENERALS REPORT
On policies or renewals issued prior to Octo
ber i 1906 Accident 1789467 health
842199 liability 6199844 fidelity 5
61476 plate glass 210160 steam boiler
134576 burglary and theft 421090
fly wheel 74770 102335 82
33 Total
002951 43
37 Gross assets Q
0001622 69
DEDUCT ASSETS NOT ADMITTED
43 Gross premiums in course of collection writ
ten prior to October 1 1006 102335 82
50 Agents balances and sundry ledger assets 22338 45
Total
124674 27
51 Admitted assets q Q
7876948 42
vliabilities
I Losses and claims
In process of adjustment Accident 136200
health 1035000 fidelity 1491964 plate
glass 1258963 steam boiler 793000
burglary and theft 3887800 220867 27
Reported proofs not received Accident
3666700 health 1833300 fidelity 12
50000 6750000
Resisted Accident 12760000 fidelity 25
50240 plate glass 52000 burglary and
theft 300000 is6622 4Q
jota 49
10 bpecial reserve for unpaid liability losses 1173071 31
18 Total unpaid claims and expenses of settlement 1618060 98
19 Gross premiums less reinsurance upon all
unexpired risks running one year or less
from date of policy 533547687 unearned
premiums 50 per cent 2667738 44
20 Gross premiums less reinsurance upon all
unexpired risks running more than one
year from date of policy 93914067 un
earned premiums pro rata 500712 57
21 Total unearned premiums a
3100451 01
22 Commissions brokerage and other charges due or to be
COMPTROLLERGENERALS REPORT
603

come due to agents or brokers on policies issued subse
quent to October I 1906 viz Accident 5649316
health 6285607 liability 5199839 fidelity 337009
plate glass 1433238 steam boiler 1521118 bur
glary and theft 1444163 fly wheel 150314220206 04
26 Salaries rents expenses taxes bills accounts fees etc due
or accrued 37H3 02
31 Reinsurance 10359 73
32 Advance premiums 100 per cent 15359 86
33 Other liabilities viz Reinsurance due Munich Reinsurance
Company 3960568 fidelity insurance fund subscrip
tions from agents and employees 737482 suspense
account 194116 all other 49811 49419 77
42 Total amount of al liabilities except capital 5118970 41
43 Capital actually paid up in cash 1000000 00
44 Surplus over all liabilities 1757978 01
43 Surplus as regards policyholders 2757978 or
44 Total liabilities 7876948 42
Business in the State of Georgia during the year
Accident
Health
Liability
Fidelity
Plate glass
Steam boiler
Burglary and theft
Fly wheel
Gross Premiums Received on Risks Written or Renewed During the Year Gross Losses Paid
37071 34 14563 55
16629 10 6078 08
11634 91 54 87
747 28
3939 Si 953 60
7004 05 729 23
5351 42 791 81
1650 67
4 COMPTROLLERGENERALS REPORT
FEDERAL CASUALTY COMPANY OF MICHIGAN
ha S Burwell President pf t t
reter Patterson Secretary
Principal Office Majestic Building Detroit Mich
W A Wright Atlanta Attorney for Service in Georgia
ICAPITAL STOCK
I Amount of capital stock paid up in cash IOOooo oo
Extended at
190000 oo
uINCOME DURING THE YEAR
I Cash received for premiums without deductions for com
missions or other expenses
S Policy fees represented by applications V
Cash received for interest on bonds owned Vl
18 Original surplus 57 94
19 From all other sources viz Reinsurance
Total income I I
82465 32
IIIDISBURSEMENTS FOR THE YEAR
I Cash paid for claims
16 Cash paid stockholders for dividends o 00
17 Cash paid for commissions and bonuses to agents less
commissions on reinsurance policy fees retained by
agents
18 Cash paid for salaries and allowances to managers and
agents
19 Cash paid for medical examiners fees 87 ed
20 Cash paid for salaries and all other compensation of officers
and other home office employees 66 6
23 Cash paid for insurance department fees andagentslicenses 8s 00
24 Cash paid for rent s 5
26 Cash paid for furniture fixtures and safes for home and
agency offices
27 Cash paid for advertising 26712 printing 1822 ig 2080 1
29 Cash paid for the following items viz Postage and ex
press ii4866 traveling expenses 25050 sundries
36142
4 1760 58
30 Total disbursements c T
63433 61
IVASSETS AS PER LEDGER ACCOUNT
6 Cost value of bonds and stocks owned excluding accrued
interest at time of purchase 114 Sio 00COMPTROLLERGENERALS REPORT 605
7 Cash in companys office
8 Cash deposited in banks 524
4197 09
11 Total net or ledger assets
119031 71
OTHER ASSETS
15 Interest accrued on bonds 6
18 Interest accrued on other assets 37 50
Total carried out
1000 79
28 Total assets T
120032 50
vliabilities
3 Claims reported proofs not received
13 Amount due on account of commissions and bills not ren
dered
16 Amount of any other liability ofthe company viz Advance
premiums paid
358 00
ip Total liabilities Z
3308 00
FIDELITY AND DEPOSIT COMPANY OF MARYLAND
Edwin Warfield President Harry Nicodemus Secretary
Home Office N W Corner Charles and Lexington Street Baltimore Md
ICAPITAL STOCK
1 Amount of capital paid up in
cas 2000000 00
2 Amount of ledger assets as per balance
December 31 of previous year 6047618 10
Extended at
6047618 19
11INCOME
1 Gross premiums unpaid December 31 last
year Fidelity 5773186 surety 76826
r39 13455825
2 Lross premiums written and renewed during
the year Fidelity 120366058 surety
31289243 1516553 0
Total 1651111 26606
COMPTROLLERGENERALS REPORT
4 Deduct gross premiums now in course of col
lection Fidelity 4543260 surety 66
35028 11178288
5 Entire premiums collected during the year
Fidelity 121595984 surety 32336854 1539328 38
6 Deduct reinsurance return premiums and
cancellations Fidelity 14233483 surety
1763988 159974 7i
18 Total net cash actually received for premiums 1379353 67
21 Interest on bonds and dividends on stock 209662 69
21J Interest on deposits 2059 91
22 Interest from all other sources 4733 80
23 Gross rents from companys property includ
ing 1079587 for companys own occupancy 65153 05
24 Total interest and rents
30 From all other sources Commissions and fees etc
281609 45
4240 20
36 Total income 1665203 32
IIIDISBURSEMENTS
1 Gross amount paid for losses Fidelity 400
70962 surety 13164633 532355 95
2 Deduct salvage and reinsurance Fidelity
8576545 surety 3595070 121716 15
3 Net amount paid policyholders for losses 410639 80
14 Investigation and adjustment of claims including legal
and other expenses in defense of suits against policyhold
ers viz Fidelity 2217052 surety 466896 26839 48
18 Commissions or brokerage less amount received on return
premiums and reinsurance for the following classes Fi
delity 26386760 surety 8340512 347272 72
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 147251 38
24 Salaries traveling and all other expenses of agents not paid
by commissions 3953 13
26 Inspections other than medical 24247 69
27 Rents for companys own occupancy 10795 87
28 Repairs and expenses other than taxes on real estate 23960 79
29 Taxes on real estate I7592 82
30 All other taxes licenses and insurance department fees 61603 7
31 Legal expenses not included in No 14 54685 83
32 Advertising 5899 93
33 Printing and stationery 12423 01
COMPTROLLERGENERALS REPORT 607
34 Postage and express 11 493 37
35 Furniture and fixtures g 2I
40 All other disbursements Incidentals 2272331 develop
ment 387330 charged to profit and loss as deprecia
tion in book value of securities 8556062 items charged
to profit and loss 1826491 130422 14
45 Total disbursements 1609424 87
IVLEDGER ASSETS
I Book value of real estate unincurnbered 757000 00
4 Book value of bonds excluding interest 342760800 and
book value of stocks 150314200 4930750 00
5 Cash deposited in banks 415646 64
II Ledger assets 6103396 64
19 Gross premiums in course of collection viz
On policies or renewals issued subsequent
to October I 1906 Fidelity and surety 79607 32
On policies or renewals issued prior to Octo
ber 1 1006 Fidelity and surety 32175 56
33 Total 111782 88
37 Gross assets 6215179 52
DEDUCT ASSETS NOT ADMITTED
J
43 Gross premiums in course of collection written prior to Oc
tober 1 1906 32l5 s6
SI Admitted assets 6183003 96
VLIABILITIES
I Losses and claims
Adjusted Fidelity 20IS i
In process of adjustment Fidelity 19274 28
Reported proofs not received Fidelity 90338 53
Resisted Fidelity 35956642 surety 179
76935 judgment Samuel H Leathe sure
ty 8304600 622381 77
17 Total unpaid claims 734910 29
18 Gross premiums less reinsurance upon all
unexpired risks running one year or less
from date of policy 137213620 unearned
premiums 50 per cent 686068 10
19 Gross premiums less reinsurance upon all
unexpired risks running more than one608 COMPTROLLERGENERALS REPORT
year from date of policy 2851162 un
earned premiums pro rata 14255 81
20 Total unearned premiums 700323 gr
21 Commissions brokerage and other charges due or to become
due to agents or brokers on policies issued subsequent to
October I 1906 viz Fidelity and surety 19901 83
40 Total amount of all liabilities except capital 1455136 13
41 Capital actually paid up in cash 2000000 00
42 Surplus over all liabilities 2727867 93
43 Surplus as regards policyholders 4727867 93
44 Total liabilities 6183003 06
Business in the State of Georgia during the year
Fidelity and
Surety
Gross premiums received on risks written or renewed during
the year 27663 48
Gross losses paid 5356 19
Gross losses incurred 1356 15
FRANKFORT MARINE ACCIDENT AND PLATE GLASS INSUR
ANCE COMPANY OF GERMANY U S BRANCH
C H Franklin U S Manager
Home Office FrankfortontheMain Germany
United States Branch 100 William Street 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 1233148 00
Extended at 1233148 00
IIINCOME
1 Gross premiums unpaid December 31 last
year Accident 430761 liability 248
64185 25294946
2 Gross premiums written and renewed during
the year Accident 3816037 liability
94766444 burglary and theft 233112 988155 93
Total 1241105 39COMPTROLLERGENERALS REPORT
3 Deduct gross premiums now in course of
collection Accident 448854 liability
21779026 burglary and theft 79772 22307652
Entire premiums collected during the year
Accident 3797944 liability 97851603
burglary and theft 153340 1018028 87
Deduct reinsurance return premiums and
cancellations Accident 897938 liability
12031593 burglary and theft 37456 129669 87
18 Total net cash actually received for premiums
19 Policy fees required or represented by applications
22 Interest on bonds and dividends on stock 38869 08
23 Interest on deposits y7 07
26 Total interest
38 Total income
609
359 00
1431 85
39606 15
929397 00
IIIDISBURSEMENTS
I Gross amount paid for losses Accident 586502 liability
33667354 burglary and theft 18503 workmens col
lective 3763331 380356 00
4 Investigation and adjustment of claims Accident 67500
liability 16119665 161871 65
14 Commissions or brokerage less amount received on return
premiums and reinsurance for the following classes Ac
cident 814502 liability 22275106 burglary and
theft 45450 231350 58
18 Policy fees retained by agents 1431 85
20 Salaries fees and all other compensation of officers direc
tors trustees and home office employees 33948 89
21 Salaries traveling and all other expenses of agents not paid
by commissions 14630 53
23 Inspections other than medical 13297 59
24 Rents 5458 01
27 All other taxes licenses and insurance department fees 17195 93
28 Legal expenses 985 13
29 Advertising 2989 72
30 Printing and stationery 12689 72
31 Postage and express 2598 73
32 Furniture and fixtures 2282 75
37 All other disbursements Telegrams 93359 miscellane
ous 737401 remittance to home office 1729320 25600 80
46 Total disbursements 006688 63
39 in610
COMPTROLLERGENERALS REPORT
IVLEDGER ASSETS
4 Book value of bonds excluding interest
5 Cash in companys office 50000 deposited in bank 24
51744 total
7 Other ledger assets viz Cash in hands of trustees
1213563 91
25017 44
17275 02
11 Ledger assets I25S8s6 37
NONLEDGER ASSETS
13 Interest accrued on bonds
15 Interest accrued on other assets
19 Gross premiums in course of collection viz
On policies or renewals issued subsequent to
October I 1906 Accident 447354 lia
bility 20511539 burglary and theft
79772
On policies or renewals issued prior to Oc
tober 1 1906 Accident 1500 liability
1267487
210386 65
12689 87
10561 24
76 44
33 Total
37 Gross assets
223076 52
1489570 57
DEDUCT ASSETS NOT ADMITTED
43 Gross premiums in course of collection writ
ten prior to October I 1906 12689 87
44 Book value of ledger assets over market
value viz Depreciation from cost of
bonds to bring same to market value 42836 41
50 Total
51 Admitted assets
55526 28
1434044 29
VLIABILITIES
I Losses and claims
In process of adjustment Accident 8305
00 burglary and theft 10000 work
mens collective 32803303
Reported proofs not received Marine
16 Special reserve for unpaid liability losses
41208 30
5000 00
637957 20
18 Total unpaid claims
19 Gross premiums less reinsurance upon all
unexpired risks running one year or less
684165 50COMPTROLLERGENERALS REPORT 611
from date of policy 60497155 unearned
premiums 50 per cent 302485 77
20 Gross premiums less reinsurance upon all
unexpired risks running more than one
year from date of policy 2554497 un
earned premiums pro rata 14676 79
21 Total unearned premiums 317 162 56
22 Commissions brokerage and other charges due or to become
due to agents or brokers on policies issued subsequent to
October 1 1906 viz Accident 147680 liability 50
41290 burglary and theft 24069 52130 39
32 Advanced premiums 100 per cent 2II I0
33 other liabilities 7SOOOO
42 Total amount of all liabilities except capital 1061169 SS
43 Capital actually paid up in cash 200000 00
44 Surplus over all liabilities 172874 74
45 Surplus as regards policyholders 372874 74
46 Total liabilities 1434044 29
Business in the State of Georgia during the year
n 1 1 Accident Liability
Gross premiums received on risks written or re
newed during the year 51403 441432
Gross losses paid I33 g5 64864
GENERAL ACCIDENT FIRE AND LIFE ASSURANCE CORPORA
TION LTD OF GREAT BRITAIN
Frank J Moore United States Manager
United States Office 400 Walnut Street Philadelphia Pa
ICAPITAL STOCK
1 Deposit insurance department 250000 00
2 Amount of ledger assets as per balance
December 31 of previous year 665893 60
Extended at 665893 60
11INCOME
1 Gross premiums unpaid December 31 last
year Accident and health 3422284 lia
bility 4118300 burglary and theft 13
26075 88666 59612
COMPTROLLERGENERALS REPORT

2 Gross premiums written and renewed during
the year Accident and health 74297629
liability 29297874 burglary and theft
9599076
1131945 79
Total 1220612 38
Deduct gross premiums now in course of col
lection Accident and health 3609778
liability 4693609 burglary and theft
1878777 101821 64
Entire premiums collected during the year
Accident and health 74110135 liability
28722565 burglary and theft 9046374 1118640 74
Deduct reinsurance return premiums and
cancellations Accident and health 111
29328 liability 7096767 burglary and
theft 2114921 203410 16
18 Total net cash actually receive for premiums
21 Interst on bonds and dividends on stock
22 Interest from all other sources
23 Gross rents from companys property includ
ing 274998 for companys own occupancy
9i538o 58
17524 71
803 89
8249 98
24
a
30
Total interest and rents
Profit on sale or maturity of ledger assets Sale of rights
to subscribers to 25 per cent United Gas Imp Cos hold
ings 84685 premium on sale Penna Co gold loan 1901
three bonds 6750
From all other sources Received from home office
26578 58
914 35
223516 99
36 Total income 1166390 50
18
IIIDISBURSEMENTS
Gross amount paid for losses Accident and
health 23127747 liability 9719136 bur
glary and theft 2537142 353840 25
Deduct salvage and reinsurance Accident
and health 493309 burglary and theft
44825 5381 34
Net amount paid policyholders for losses 348458 91
Investigation and adjustment of claims including legal and
other expenses in defense of suits against policyholders
viz Accident 3279 22
Commissions or brokerage less amount received on return
premiums and reinsurance for the following classes Ac
cident 20570991 liability 6062197 burglary and
theft 2227910 288610 98
COMPTROLLERGENERALS REPORT
compensation of officers and
29
30
31
32
33
34
22 Remitted home office
23 Salaries fees and all other
home office employees
25 Medical examiners fees and salaries
26 Inspection other than medical
27 Rents
28 Repairs and expenses other than taxeson 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
35 Furniture andfixtures
36 Loss on sale or maturity of ledger assets
penses 509500 miscellaneous expenses
payable 1000000 total
Traveling ex
2217286 bills
45 Total disbursements
613
132648 39
44884 31
8466 14
1156 55
5079 97
1308 50
1314 25
17036 44
1814 66
1421 85
172 33
5721 38
2950 31
37267 86
912610 05
IVLEDGER ASSETS
I Book value of real estate unincumbered
4 Book value of bonds excluding interest
book value of stocks 995000
5 Cash in companys office 0
88622
7 Other ledger assets
45ii6 and
deposited in banks 73
Amount due from other companies
paid in full January 1907 7550000 amount due from
agents paid in full January 1907 22500
11 Ledger assets
121660 87
648401 16
73887 02
75725 00
919674 05
N0NIEDGER ASSETS
13 Interest accrued on bonds
15 Interest accrued on other assets
19 Gross premiums in course of collection viz
On policies or renewals issued subsequent to
October 1 1906 Accident and health 25
76209 liability 4492693 burglary and
theft 1807210
On policies or renewals issued prior to Octo
ber I 1906 Accident and health 10335
69 liability 200916 burglary and theft
71567
376l 12
13060 52
4923 55
675 42
33 Total
101821 64614
COMPTROLLERGENERALS REPORT

34 Other nonledger assets viz Assumption by General Ac
cident Insurance Co of contingent liability paid in Jan
uary 1907 18750 00
37 Gross assets 1045844 66
DEDUCT ASSETS NOT ADMITTED
43 Gross premiums in course of collection writ
ten prior to October I 1906 13060 52
44 Book value of ledger assets over market
value viz Bonds and stocks 40691 41
50 Total 53751 93
51 Admitted assets
092092 73
VLIABILITIES
I Losses and claims
Adjusted Accident 550 37
In process of adjustment Accident 11920 00
Reported proofs not received Accident
2471367 burglary and theft 481700 2953067
Resisted Accident 990500 burglary and
theft 2500 9930 00
16 Special reserve for unpaid liability losses 219938 00
17 Total unpaid claims 271869 04
18 Gross premiums less reinsurance upon all
unexpired risks running one year or less
from date of policy 53195460 unearned
premiums 50 per cent 265977 30
19 Gross premiums less reinsurance upon all
unexpired risks running more than one
year from date of policy 575398i un
earned premiums pro rata 29789 51
20 Total unearned premiums 295766 81
21 Commissions brokerage and other charges due or to become
due to agents or brokers on policies issued subsequent to
October 1 1906 viz Accident 850149 liability 14
825881 burglary and theft 596379 29291 16
31 Other liabilities viz Special reserve for contingent lia
bilities 37500 00
40 Total amount of all liabilities except capital 634427 01COMPTROLLERGENERALS REPORT 615
41 United States deposit 250000 00
42 Surplus over all liabilities 107665 72
43 Surplus as regards policyholders 35766 72
44 Total liabilities 992092 73
Business in the State of Georgia during the year
Gross premiums received on risks written or renewed during
Gross losses pad 1680565
Gross losses incurred 1goo
GENERAL ACCIDENT INSURANCE COMPANY OF
PHILADELPHIA PA
F NorieMiller President Franklin J Moore Secretary
Home Office 400 Walnut Street Philadelphia Pa
ICAPITAL STOCK
1 Amount of capital paid up in
casn 100000 00
2 Amount of ledger assets as per balance
December 31 of previous year 313745 91
Extended at
313745 59
IIINCOME
1 Gross premiums unpaid December 31 last
year Accident and healthf
2 Gross premiums written and renewed during
the year Accident and health
3 Total
4 Deduct gross premiums now in course of col
lection Accident and health
5 Entire premiums collected during the year
Accident and health
6 Deduct reinsurance return premiums and
cancelations Accident and health
18 Net cash actually received for premiums
20 Interest on collateral loans
7985 07
414246 79
422231 86
12535 48
409696 38
22934 9i
160 00
386761 47616
COMPTROLLERGENERALS REPORT
22 Interest from all other sources
23 Gross rents from companys property
34
25
30
10941 10
492 30
Total interest and rents
Profit on sale or maturity of ledger assets
sale Penna Co 1901 gold loan bond
From all other sources Bills receivable
Premium on
36 Total income
11593 40
20 00
10000 00
408374 87
IIIDISBURSEMENTS
1 Gross amount paid for losses Accident 149178 19
2 Deduct salvage and reinsurance Accident 1744 63
3 Net amount paid policyholders for losses 147433 56
14 Investigation and adjustment of claims including legal and
other expenses in defense of suits against policyholders
viz Accident and health 4666 44
18 Commissions or brokerage less amount received on return
premiums and reinsurance for the following classes Ac
cident and health 114635 72
23 Salaries fees and all other compensation of officers and
home office employees 60900 00
25 Medical examiners fees and salaries 3748 27
27 Rents 6700 00
30 All other taxes licenses and insurance department fees 8835 58
31 Legal expenses not included in No 14 2500 00
33 Printing and stationery T445 55
34 Postage and express 8294 9
35 Furniture and fixtures 148 00
36 Loss on sale or maturity of ledger assets Premium on sale
Iron Mountain Car Trust bond 2 50
40 All other disbursements Traveling expenses 685072
miscellaneous expenses 1430587 21156 59
45 Total disbursements 393067 11
IVLEDGER ASSETS
2 Mortgage loans on real estate first liens
4 Book value of bonds excluding interest
5 Cash deposited in bank
Total
8 Less accounts not returned till close of year
and paid January 1907
4000 00
305955 45
94098 22
404053 67
75000 00
11 Ledger assets 329053 67COMPTROLLERGENERALS REPORT
617
NONLEDGER ASSETS
12 Interest accrued on mortgages 45 59
13 Interest accrued on bonds 3814 15
15 Interest accrued on other assets 183 71
19 Gross premiums in course of collection viz
On policies or renewals issued subsequent to
October 1 1906 Accident and health 5874 01
On policies or renewals issued prior to Octo
ber 1 1906 Accident and health 6661 47
33 Total 12535 48
37 Gross assets 345632 60
DEDUCT ASSETS NOT ADMITTED
43 Gross premiums in course of collection writ
ten prior to October 1 1906 6661 47
44 Book value of ledger assets over market
value viz Bonds 661670 special de
posit Virginia 1013000 less liability off
set 95800 15788 70
50 Total 22450 17
51 Admitted assets 323182 43
VLIABILITIES
I Losses and claims
Adjusted Accident and health 150 56
In process of adjustment Accident and
health 2043 00
Reported proofs not received Accident and
health 1167621
Resisted Accident and health 11211 00
15 Net unpaid claims 25080 77
16 Special reserve for unpaid losses 30000 00
17 Total unpaid claims 558 77
18 Gross premiums less reinsurance upon all unexpired risks
running one year or less from date of policy 12465739
unearned premiums 50 per cent 62328 69
21 Commissions brokerage and other charges due or to be
come due to agents or brokers on policies issued subse
quent to October 1 1906 viz Accident 1938 40
31 Other liabilities viz Assumption of contingent liability
from General Accident F L Assurance Corp Ltd 18750 00
40 Total amount of all liabilities except capital 138097 86618 COMPTROLLERGENERALS REPORT
41 Capital actually paid up in cash 100000 00
42 Surplus over all liabilities 85084 57
43 Surplus as regards policyholders 185084 57
44 Total liabilities 323182 43
Business in the State of Georgia during the year
Accident and
Health
Gross premiums received on risks written or renewed during
the year 1597 14
Gross losses paid 650 42
Gross losses incurred 710 00
GREAT EASTERN CASUALTY AND INDEMNITY COMPANY
OF NEW YORK
Louis H Fibel President Thomas H Darling Secretary
Home Office 290294 Broadway New York N Y
ICAPITAL STOCK
1 Amount of capital paid
up in cash 200000 00
2 Amount of ledger assets as per bal
ance December 31 of previous year 330575 19
3 Increase of paid up capital during the
year 50000 00
Extended at 380575 19
11income
1 Gross premiums unpaid December 31
last year Accident 1616748
health 232888 1849636
2 Gross premiums written and renewed
during the year Accident 314
12851 health 10549491 41962342
Total 43811978
4 Deduct gross premiums now in course
of collection Accident 1569297
health 262800 18320 97
5 Entire premiums collected during the
year Accident 31460302 health
10519579 41979881
COMPTROLLERGENERALS REPORT
619
6 Deduct reinsurance return premiums
and cancellations Accident 48
63904 health 1296107 61600 11
18 Total net cash actually received for premiums 358198 70
21 Interest on bontls and dividends on
stock 12403 48
22 Interest from all other sources 466 90
24 Total interest and rents
25 Profit on sale or maturity of ledger assets Balto
Ohio R R i37So Atch T Santa Fe R R rights
937
30 From all other sources Agents accounts 3931
earned premiums 32132
12870 38
146 87
360 63
36 Total income 371576 58
IIIDISBURSEMENTS
1 Gross amount paid for losses Acci
dent 10175614 health 2819751
2 Deduct salvage and reinsurance Acci
dent
129953 65
3 Net amount paid policyholders for losses 128933 65
14 Investigation and adjustment of claims including
legal and other expenses in defense of suits against
policyholders commissions or brokerage less
amount received on return premiums and reinsur
ance viz Accident 8703353 health 2755673 114590 26
22 Stockholders for interest or dividends amount de
clared during the year 8750 00
23 Salaries fees and all other compensation of officers
and home office employees 38649 15
24 Salaries traveling and all other expenses of agents
not paid by commissions 1050 00
25 Medical examiners fees and salaries 1867 38
27 Rents for companys own occupancy 3000 00
30 All other taxes licenses and insurance department
fees 8033 97
31 Legal expenses not included in No 14 11321 71
32 Advertising 1163 5J
33 Printing and stationery 8957 48
34 Postage and express 5414 01
35 Furniture and fixtures 610 17
40 All other disbursements General expenses 1142655620
COMPTROLLERGENERALS REPORT
traveling expenses 500612 Journal subs 13925
profit and loss agents accounts 54869
45 Total disbursements
17120 61
349461 90
IVLEDGER ASSETS
4 Book value of bonds excluding interest 20534419
and book value of stocks 7736875
5 Cash in companys office 869846 deposited in banks
3627847
7 Other ledger assets Collateral loans
282712 94
44976 93
75000 00
11 Ledger assets 402689 87
NONLEDGER ASSETS
13 fnterest due and accrued on bonds 1083 34
14 Interest due and accrued on collateral
loans 019 60
15 Interest due and accrued on other
assets 495 48
Total
19 Gross premiums in course of collection viz
On policies or renewals issued subse
quent to October 1 1906 Accident
1567297 health 261050 1828347
On policies or renewals issued prior to
October 1 1906 Accident 2000
health 1750 37 50
33 Total
37 Gross assets
DEDUCT ASSETS NOT ADMITTED
43 Gross premiums in course of collection written prior
to October 1 1906
44 Book value of ledger assets over market value viz
Stocks and bonds
2598 42
18320 97
423609 26
37 50
6612 94
51 Admitted assets
416958 82
VLIABILITIES
i Losses and claims
Reported proofs not received Acci
dent 451091 health 242589 693680COMPTROLLERGENERALS REPORT
621
Resisted Accident 790000 health
400000
11900 00
17 Total unpaid claims
18 Gross premiums less reinsurance upon all unexpired
risks running one year or less from date of policy
19103788 unearned premiums fifty per cent
21 Commissions brokerage and other charges due or to
become due to agents or brokers on policies issued
subsequent to October 1 1906 viz Accident 4
77436 health 83110
3r Other liabilities viz Advance premiums
40 Total amount of all liabilities except capital
41 Capital actually paid up in cash 20000000
42 Surplus over all liabilities 94192 57
43 Surplus as regards policyholders
44 Total liabilities
Business in the Stale of Georgia during the year
Gross premiums received on risks written
or renewed during the year 454 29
Gross losses paid 349 32
Gross losses incurred 349 32
18836 80
95Si8 94
5605 46
2805 05
122766 25
294192 57
416958 82
Health
219 36
326 09
326 09
THE GUARANTEE COMPANY OF NORTH AMERICA
Edward Rawlings President R B Scott Secretary
Home Office 57 Beaver Hall Hill Montreal Canada
William Vance Custer Atlanta Attorney for Service in Georgia
ICAPITAL STOCK
i Amount of capital paid
up in cash 304600 00
2 Amount of ledger assets as per bal
ance December 31 of previous
year 1283775 71
Extended at 1283775 7t
11INCOMi
I Gross premiums unpaid December 31
last year Fidelity 5735 39622
COMPTROLLERGENERALS REPORT
2 Gross premiums written and renewed
during the year Fidelity 26921055
Total 274945 94
3 Deduct gross premiums now in course
of collection Fidelity 12971 08
4 Entire premiums collected during the
year Fidelity 261974 86
5 Deduct reinsurance return premiums
and cancellations Fidelity 37325 47
18 Total net cash actually received for premiums 224649 39
21 Interest on bonds and dividends on
stock 5016893
22 Interest from all other sources 4350 09
23 Gross rents from companys property
including 225000 for companys own
occupancy 2552 16
24 Total interest and rents
25 Profit on sale or maturity of ledger assets Montreal
Street Rwy stock sold 1742025 Board of Trade
2d mortgage bonds value restored 162500 real
estate sold overbook value 1000000
57071 18
20045 26
36 Total income 301765 82
IIIDISBURSEMENTS
1 Gross amount paid for losses
Fidelity
2 Deduct salvage and reinsurance Fi
delity
100789 18
22356 92
3 Net amount paid policyholders for losses 78432 26
14 Investigation and adjustment of claims including
legal and other expenses in defense of suits against
poliicyholders viz Fidelity 1225 o
18 Commissions or brokerage less amount received on
return premiums and reinsurance for the following
classes Fidelity 11936 21
22 Stockholders for interest or dividends amount de
clared during the year 335o6 00
23 Salaries fees and all other compensation of officers
and home office employees 48134 33
24 Salaries traveling and all other expenses of agents
not paid by commissions 22810 29
26 Inspections other than medical 13879 08
COMPTROLLERGENERALS REPORT 623
27 Rents including 225000 for companys own occu
pancy 8333 52
28 Repairs and expenses other than taxes on real estate 469 S3
29 Taxes on real estate 534 08
30 All other taxes licenses and insurance department fees 6707 69
31 Legal expenses not included in No 14 1424 99
32 Advertising 1527 51
33 Printing and stationery 3987 96
34 Postage and express 5917 18
36 Loss on sale or maturity of ledger assets Montreal
Harbour bonds matured 159000 Phila Bourse
stock written off 27500 1865 o
40 All other disbursements Sundry office charges 3526 33
45 Total disbursements 244216 96
IVLEDGER ASSETS
1 Book value of real estate unincumbered 48700 00
2 Mortgage loans on real estate first liens 3000 00
4 Book value of bonds excluding interest 42097550
and book value of stocks 69401757 1114993 07
5 Cash in companys office 259115 deposited in bank
16803820 170629 35
7 Other ledger assets Furniture and safes 4002 15
11 Ledger assets 1341324 57
NONLEDGER ASSETS
13 Interest due 373500 and accrued 356197 on
bonds 7296 97
15 Interest due on other assets 2034 52
18 Market value not including interest in item 13 of
bonds and stocks over book value 1477 10
19 Gross premiums in course of collection viz
On policies or renewals issued subsequent to October
1 Fidelity 1297108
37 Gross assets 1365104 24
DEDUCT ASSETS NOT ADMITTED
40 Furniture and fixtures 4002 15
51 Admitted assets 136110209624
COMPTROLLERGENERALS REPORT
VLIABILITIES
I Losses and claims in process of adjust
ment Fidelity
14 Deduct reinsurance
15 Net unpaid claims except liability claims
18 Gross premiums less reinsurance
upon all unexpired risks running one
year or less from date of policy
23245855 unearned premiums fifty
per cent
Gross premiums less reinsurance upon
all unexpired risks running more
than one year from date of policy
122970 unearned premiums pro rata
10
19019 00
1500 00
116229 28
1229 70
20 Total unearned premiums
21 Commissions brokerage and other charges due or to
become due to agents or brokers on policies issued
subsequent to October 1 1906 viz Fidelity
25 Salaries rents expenses taxes bills accounts fees
etc due or accrued
17519 00
117458 98
437 56
6913 33
40 Total amount of all liabilities except capital 14232887
41 Capital actually paid up in cash 304600 00
42 Surplus over all liabilities 914173 22
43 Surplus as regards policyholders 1218773 2
44 Total liabilities 136110209
Business in the State of Georgia during the year
Fidelity
Gross premiums received on risks written or renewed
during the year 6992 26
Gross losses paid 2028 26
Gross losses incurred i853 26
COMPTROLLERGENERALS REPORT
625
HARTFORD STEAM BOILER INSPECTION AND INSURANCE
COMPANY
L B Brainerd President J B Pierce Secretary
Home Office 650 Main Street Hartford Conn
CAPITAL STOCK
up in cash 500000 00
2 Amount of ledger assets as per bal
ance December 31 of previous year 3310177 02
Extended at 33ioi77 02
IIINCOME
1 Gross premiums unpaid December 31
last year Steam boiler 30869857
2 Gross premiums written and renewed
during the year Steam boiler 150760685
3 Total 1816305 42
4 Deduct gross premiums now in course
of collection Steam boiler 29495040
5 Entire premiums collected during the
year Steam boiler 1521355 02
6 Deduct reinsurance return premiums
and cancellations Steam boiler 180919 12
18 Total net cash actually received for premiums 1340435 90
20 Interest on mortgage loans 4920078
22 Interest on bonds and dividends on
stock 108172 88
23 Interest on deposits 2356 88
24 Interest from all other sources 1297 52
25 Gross rents from companys property 206 85
26 Total interest and rents
27 Profits on sale or maturity of ledger assets On real
estate 291000 on sale or maturity of securi
ties Reno Kas Tp bonds 290700 contin
gent account 40000 Bald Eagle Valley R R bonds
6500 Atlanta Charlotte Air Line bonds 3000
C M St P Ry common stock 2580
31 Special inspections and expert mechanical service
161234 91
6337 80
23154 18
3 Total income
40 ia
1531162 79
626
COMPTROLLERGENERALS REPORT
IIIDISBURSEMENTS
I Gross amount paid for losses Steam
boiler 12715822
14 Commissions or brokerage less amount received on
return premiums and reinsurance for the following
classes Steam boiler 294671 30
19 Stockholders for interest or dividends amount de
clared during the year 60000 00
20 Salaries fees and all other compensation of officers
directors trustees and home office employees 53120 00
21 Salaries traveling and all other expenses of agents
not paid by commissions 122764 70
23 Inspections other than medical 456177 66
24 Rents 5500 00
25 Repairs and expenses other than taxes on real
estate 311 35
26 Taxes on real estate 50 80
27 All other taxes licenses and insurance department
fees 44387 35
28 Legal expenses 2231 84
29 Advertising 4766 19
30 Printing and stationery 19453 30
31 Postage and express 12198 84
32 Furniture and fixtures 2339 01
34 On sale or maturity of securities 1984 49
46 Total disbursements 1207115 05
IVLEDGER ASSETS
1 Book value of real estate unincumbered 945000
2 Mortgage loans on real estate first liens 1047720 00
4 Book value of bonds excluding interest 213327019
and book value of stocks 29983236 2433102 55
5 Cash in companys office 672499 deposited in bank
13722722 14395221
11 Ledger assets as per balance 363422476
NONLEDGER ASSETS
12 Interest due and accrued on mortgages 26448 03
18 Market value of bonds and stocks over book value 144123 45
19 Gross premiums in course of collection viz
On policies or renewals issued subse
quent to October 1 1906 Steam
boiler 173449 47
COMPTROLLERGENERALS REPORT
On policies or renewals issued prior to
October I 1906 Steam boiler 121500 93
33 Total
27 Gross assets
DEDUCT ASSETS NOT ADMITTED
43 Gross premiums incourse of collection written prior
to October I 1906
627
294950 40
4099746 64
121500 93
51 Admitted assets 3978245 71
VLIABILITIES
I Losses and claims
In process of adjustment Steam boiler
19 Gross premiums less reinsurance upon
all unexpired risks running one year
or less from date of policy 6244626
unearned premiums fifty per cent
20 Gross premiums less reinsurance
upon all unexpired risks running more
than one year from date of policy 3
59759535 unearned premiums pro
rata
26250 80
31223 13
1900624 16
21 Total unearned premiums
22 Commissions brokerage and other charges due or to
become due to agents or brokers on policies issued
subsequent to October 1 1906
42 Total amount of all liabilities except capital
43 Capital actually paid up in cash 500000 00
44 Surplus over all liabilities 1485457 73
45 Surplus as regards policyholders
46 Total liabilities
Business in the State of Georgia during the year
Gross premiums received on risks written or renewed
during the year
Gross losses paid
1931847 29
34689 89
1992787 98
i98S4S7 73
3978245 71
Steam Boiler
18979 69
875 40628
COMPTROLLERGENERALS REPORT
LLOYDS PLATE GLASS INSURANCE CO OF NEW YORK
William T Woods President Charles E W Chambers Secretary
Home Office 63 William Street New Ydrk 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 bal
ance December 31 of previous year 755188 08
Extended at 755188 gS
IIINCOME
1 Gross premiums unpaid December 31
last year Plate glass 79534 43
2 Gross premiums written and renewed
during the year Plate glass 492641 00
Total 572175 43
3 Deduct gross premiums now in course
of collection Plate glass 89058 27
4 Entire premiums collected during the
year Plate glass 483117 16
5 Deduct reinsurance return premiums
and cancellations Plate glass 25776 71
18 Total net cash actually received for premiums
21 Interest on bonds and dividends on
stock 18171 14
23 Gross rents from companys property 15627 60
24 Total interest and rents
30 From all other sources Profit and loss
36 Total income
457340 45
33798 74
56 07
491195 26
IIIDISBURSEMENTS
1 Gross amount paid for losses Plate
glass 168340 01
2 Deduct salvage and reinsurance Plate
glass 9024 28
3 Net amount paid policyholders for
losses Plate glass
3I5 73COMPTROLLERGENERALS REPORT
629

14
22
23
24
27
29
30
31
32
33
34
35
40
Investigation and adjustment of claims including
legal and other expenses in defense of suits against
policyholders viz Plate glass
Stockholders for interest or dividends declared dur
ing the year
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
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
Furniture and fixtures
All other disbursements Sundries
ivledger assets
I Book value of real estate unincumbered i
4 Book value of bonds excluding interest 23926487
and book value of stocks 26826704
5 Cash in companys office 265266 deposited in banks
2233678
ISS9H 30
50000 00
57794 55
521 09
1186 81
5578 99
5565 49
13825 19
93 18
4332 08
3344 15
4681 71
406 85
5542 59
45 Total disbursements 46809971
II Ledger assets
245763 18
507531 91
24989 44
778284 53
NONLEDGER ASSETS
13 Interest accrued on bonds
17 Market value of real estate over book value
19 Gross premiums in course of collection viz
On policies or renewals issued subse
quent to October 1 1906 Plate
glass
On policies or renewals issued prior to
October 1 1906 Plate glass
83187 53
5870 74
33 Total
34 Other nonledger assets viz Salvage glass on hand
334461 sundry accounts 12000
1500 00
19236 82
89058 27
3464 61
37 Gross assets
i544 23630
COMPTROLLERGENERALS REPORT
DEDUCT ASSETS NOT ADMITTED
43 Gross premiums in course of collec
tion written prior to October 1 1906 5870 74
44 Book value of ledger assets over market
value viz Depreciation of security
values stocks and bonds 1989891
salvage glass on hand 334461 sun
dry accounts 12000 23363 52
Total
29234 26
St Admitted assets 862309 97
vliabilities
1 Losses and claims in process of adjustment plate
glass
18 Gross premiums less reinsurance upon
all unexpired risks running one year
or less from date of policy 39627449
unearned premiums fifty per cent 198137 24
10 Gross premiums less reinsurance upon
all unexpired risks running more than
one year from date of policy 120
36562 unearned premiums pro rata 63287 32
20 Total unearned premiums
21 Commissions brokerage and other charges due or to
become due to agents or brokers on policies issued
subsequent to October 1 1906 viz Plate glass
25 Salaries rents expenses taxes bills accounts fees
etc due or accrued sundry accounts
31 Other liabilities viz Due for plate glass and
glazing
40 Total amount of all liabilities except capital
4 Capital actually paid up in cash 250000 00
42 Surplus over all liabilities 301306 24
43 Surplus as regards policyholders
4j Total liabilities
Business in the State of Georgia during the year
Gross premiums received on risks written or re
newed during the year
Gross losses paid
8342 06
261424 56
27729 18
6 75
13501 18
311003 72
551306 24
862309 97
Plate Glass
1771 01
482 65
COMPTROLLERGENERALS REPORT
631
LONDON GUARANTEE AND ACCIDENT COMPANY LIMITED
U S BRANCH
A W Masters General U S Manager
Home Office for the United States 315 Dearborn Street Chicago III
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 170615082
Extended at 1706150 82
IIINCOME
1 Gross premiums unpaid December 31 last
year Accident 2587976 liability 202
38120 credit 427500 23253596
2 Gross premiums written and renewed during
the year Accident 17402259 liability
148958458 credit 6771250 1731319 67
3 Total 196385s 63
4 Deduct gross premiums now in course of
collection Accident 2086640 liability
25145833 credit 831250 280637 23
5 Entire premiums collected during the year
Accident 17903595 liability 1440507
45 credit 6367500 1683218 40
6 Deduct reinsurance return premiums and
cancellations Accident 3042677 lia
bility 18318033 credit 426250 21786960
18 Total net cash actually received for premiums 1465348 80
22 Interest on bonds and dividends on stock 55713 16
23 Interest on deposits 1618 73
26 Total interest
27 Profit on sale or maturity of ledger assets Chicago Bur
lington Quincy R R bonds
57331 89
449 29
38 Total income 1523129632
COMPTROLLERGENERALS REPORT
IIIDISBURSEMENTS
Gross amount paid for losses Accident
7841602 liability 39691676 credit
293589
Deduct salvage and reinsurance Accident
635569 credit 24118
478268 67
6596 87
3 Net amount paid policyholders for losses
14 Commissions or brokerage less amount received on return
premiums and reinsurance for the following classes Acci
dent 4191668 liability 33646598 credit 1782375
19 Stockholders for interest or dividends remitted home office
20 Salaries fees and all other compensation of officers direc
tors trustees and home office employees
21 Salaries traveling and all other expenses of agents not paid
by commissions
23 Inspections other than medical
24 Rents
27 All other taxes licenses and insurance department fees
28 Legal expenses
29 Advertising
30 Printing and stationery
31 Postage and express
32 Furniture and fixtures
37 All other disbursements Traveling 257377 exchange
49200 sundry expense 668490
IVLEDGER ASSETS
4 Book value of bonds excluding interest
5 Cash in companys office 153836 deposited in bank 168
00000
471671 80
396206 41
107791 72
77550 25
26954 75
9436 57
8962 71
22778 33
1175 00
4022 88
9422 09
3751 98
1552 99
9750 67
46 Total disbursements 1303428 68
1756313 76
169538 36
II Ledger assets 1925852 12
NONLEDGER ASSETS
13 Interest accrued on bonds 22287 31
19 Gross premiums in course of collection viz
On policies or renewals issued subsequent to October i
1906 Accident 1986940 liability 24587674 credit
831250 274058 64
On policies or renewals issued prior to October 1 1906 Ac
cident 99700 liability 558159 6578 59
37 Gross assets 2228776 66
COMPTROLLERGENERALS REPORT
633
DEDUCT ASSETS NOT ADMITTED
43 Gross premiums in course of collection writ
ten prior to October I 1906 6578 59
45 Bonds owned 8569451
Total 92273 10
Si Admitted assets 213650356
VLIABILITIES
I Losses and claims
In process of adjustment Accident 20400 00
Resisted Accident 1055000 credit on
policies expiring prior to October I 1906
100000 550 00
13 Total 3L950 00
14 Deduct reinsurance 5ooo 00
15 Net unpaid claims except liability 26950 00
16 Special reserve for unpaid liability losses 737921 14
17 Special reserve for credit losses on policies
expiring in October November and De
cember 1906 being 50 per cent of 15
33750 gross premiums received on said
policies less 64568 paid during said
months on losses under said policies 7023 07
18 Total unpaid claims and expenses of settlement 771894 21
19 Gross premiums less reinsurance upon all
unexpired risks running one year or less
from date of policy 103022787 un
earned premiums 50 per cent 5ISH3 94
20 Gross premiums less reinsurance upon all
unexpired risks running more than one
year from date of policy 9310263 un
earned premiums pro rata 53496 08
21 Total unearned premiums 568610 02
22 Commissions brokerage and other charges due or to become
due to agents or brokers on policies issued subsequent to
October I 1906 viz Accident 546408 liability 67
61610 credit 30000 733o 18
26 Salaries rents expenses taxes bills accounts fees etc due
or accrued 449 77
32 Advance premiums 100 per cent 7312 50
34 Additional reserve liability department 100000 00
42 Total amount of all liabilities except capital 152159 43634 COMPTROLLERGENERALS REPORT
43 Capital actually paid up in cash statutory
dePsit 25000000
44 Surplus over all liabilities 361256 88
45 Surplus as regards policyholders 611256 88
46 Total liabilities 2136503 56
Business in the State of Georgia during the year
n Accident Liability
Gross premiums received on risks written or
renewed during the year 4J I2o88 0
Gross losses paid 47 oS 2 g4g g
MARYLAND CASUALTY COMPANY OF MARYLAND
John T Stone President James p Mitchell Secretary
Home Office Maryland Casualty Building Baltimore Aid
A Haas Son Flowell Atlanta Attorney for Service in Georgia
ICAPITAL STOCK
1 Amount of capital paid up in
casn 750000 00
2 Amount of ledger assets as per balance
December 31 of previous year 3092819 01
Extended at 3092819 01
IIINCOME
1 Gross premiums unpaid December 31 last
year Accident 8693802 health 10
34852 liability 23514375 plate glass
3206506 steam boiler 2885571 bur
glary and theft 3510360 sprinkler 15
19270 44364736
2 Gross premiums written and renewed during
the year Accident 61843765 health
6694388 liability 161876401 plate
glass 21110743 steam boiler 187861
45 burglary and theft 26929091
sprinkler 11152990 3083935 23
3lf 3527582 59
4 Deduct gross premiums now in course of col
lection Accident 9736554 health 9
83543 liability 27825415 plate glassCOMPTROLLERGENERALS REPORT
635
3424186 steam boiler 3887336 bur
glary and theft 4345282 sprinkler 18
36987 520393 03
5 Entire premiums collected during the year
Accident 60801013 health 6745697
liability i5756536i plate glass 208
93063 steam boiler 17784380 bur
glary and theft 26094169 sprinkler
10835273 3007189 56
6 Deduct reinsurance return premiums and
cancellations Accident 14647352 health
1807132 liability 26954251 plate
glass 3965369 steam boiler 5019928
burglary and theft 7922228 sprinkler
2265686 625819 46
18 Total net cash actually received for premiums 2381370 10
21 Interest on bonds and dividends on stock 103767 63
23 Gross rents from companys property including 1624474
for companys own occupancy 33909 31
25 Profit on sale or maturity of ledger assets Georgia and
Alabama cons bonds 59375 Penna Co 3 G L 63
75 total 657 50
29 Inspections 81678 54
36 Total income 2601383 08
IIIDISBURSEMENTS
Gross amount paid for losses Accident
20044227 health 2687507 liability
53368242 plate glass 5807080 steam
boiler 2592193 burglary and theft 49
29591 sprinkler 2418159 918469 99
Deduct salvage and reinsurance Accident
989438 health 2542 liability 2744
24 plate glass 116380 steam boiler
670 burglary and theft 745225
sprinkler 110994 22396 73
Net amount paid policyholders for losses 896073 26
Investigation and adjustment of claims including legal and
other expenses in defense of suits against policyholders
viz Accident 585158 health 66259 liability 209
01677 plate glass 19286 steam boiler 67331 bur
glary and theft 242933 sprinkler 236444 221190 88
Commissions or brokerage less amount received on return
premiums and reinsurance for the following classes Ac
cident 15812745 health I4977o6 liability 321826636
COMPTROLLERGENERALS REPORT
25 plate glass 5650111 steam boiler 4887968 bur
glary and theft 5347717 sprinkler 1969115 673479 87
22 Stockholders for interest or dividends amount declared
during the year Q0000 O0
23 Salaries fees and all other compensation of officers and
homeoffice employees 123095 58
24 Salaries traveling and all other expenses of agents not paid
by commissions 84118 32
25 Medical examiners fees and salaries 1500 00
26 Inspections other than medical 63860 81
27 Rents for companys own occupancy 16244 74
28 Repairs and expenses other than taxes on real estate 5614 02
29 Taxes on real estate gggg sg
30 All other taxes licenses and insurance department fees 46470 31
31 Legal expenses not included in No 14 250 04
32 Advertising 38253 62
33 Printing and stationery 16668 79
34 Postage and express gr r
35 Furniture and fixtures 5 gg gg
36 Loss on sale or maturity of ledger assets U S government
bonds 293750 Wheeling Lake Erie Equip 36806 3305 56
40 All other disbursements General expense 689478 trav
eling 3015 20 9Q09 0g
45 Total disbursements 2311559 01
IVLEDGER ASSETS
I Book value of real estate unincumbered 446817 47
4 Book value of bonds excluding interest 252569250 and
book value of stocks 19724675 2722939 25
5 Casli in companys office 1563650 deposited in banks
7565172 9Ii2gg 22
6 Bills receivable 7 0g g
7 Other ledger assets Ground rent 10000000 agents bal
ances 1451340 II4SI3 40
11 Ledger assets 33g2j642 l8
NONLEDGER ASSETS
13 Interest due and accrued on bonds 16287 10
19 Gross premiums in course of collection viz
On policies or renewals issued subsequent to
October 1 1906 Accident 9736554
health 983543 liability 24825415
plate glass 3424186 steam boiler 38
87336 burglary and theft 4345282
sprinkler 1836987 490393 03COMPTROLLERGENERALS REPORT
657
On policies or renewals issued prior to Oc
tober I 1906 Liability 30000 00
33 Total 520393 03
37 Gross assets 3919322 31
DEDUCT ASSETS NOT ADMITTED
39 Bills receivable 7083 84
43 Gross premiums in course of collection writ
ten prior to October 1 1906 30000 00
44 Book value of ledger assets over market
value viz 8866968 agents balances
1451340 10318308
Total 140266 92
51 Admitted assets 3779055 39
vliabilities
I Losses and claims
In process of adjustment Accident 44
47692 health 356143 plate glass 9
49187 steam boiler 62521 burglary and
theft 1350513 sprinkler 129000
phys defense 17500
Resisted for policyholders Phys defense
Resisted Accident 1725000 health 150
steam boiler 645000 burglary and
theft 555000
73125 56
2625 00
29400 00
15 Net unpaid claims except liability claims 105150 56
16 Special reserve for unpaid liability losses 740393 64
17 Total unpaid claims and expenses of settlement 845544 20
18 Gross premiums less reinsurance upon all
unexpired risks running one year or less
from date of policy 187423077 un
earned premiums 50 per cent 937115 39
19 Gross premiums less reinsurance upon all
unexpired risks running more than one
year from date of policy 31909523 un
earned premiums pro rata 186741 14
20 Total unearned premiums 1123856 5g
21 Commissions brokerage and other charges due or to become
due to agents or brokers on policies issued subsequent to
October 1 1906 viz Accident 3245518 health 2950
63 liability 6612504 plate glass 1141395 steam638 COMPTROLLERGENERALS REPORT
boiler 971834 burglary and theft 1194953 sprin
kler 459246 139205 13
40 Total amount of all liabilities except capital 2108605 86
41 Capital actually paid up in cash 750000 00
42 Surplus over all liabilities 920449 53
43 Surplus as regards policyholders 1670449 53
44 Total liabilities 3779055 39
Business in the State of Georgia during the year
Gross Premiums
Received on Risks Gross
Written or Re Losses
newed During Paid
the Year
Accident 42707 56 12185 67
Health 1586 41 1052 84
Liability 26651 43 6878 74
Plate glass 2996 75 769 14
Steam boiler 2500 98 81 80
Burglary and theft 3414 Si 308 71
Sprinkler 809 70 2 60
METROPOLITAN CASUALTY INSURANCE CO OF NEW YORK
Eugene H Winslow President S Wm Burton Secretary
Home Office 47 Cedar Street New York City N Y
J L Riley Atlanta Attorney for Service in Georgia
1capiTai STOCK
1 Amount of capital stock paid
up in cash 200000 00
2 Amount of ledger assets as per balance
December 31 of previotis year
Extended at
565081 64
565081 64
IIINCOME
1 Gross premiums unpaid December 31 last
year Accident 1071479 health 1861
25 plate glass 6589093 7846697
2 Gross premiums written and renewed during
the year Accident 10231606 health
1851025 plate glass 50953737 630363 68
3 Total 708830 65COMPTROLLERGENERALS REPORT
639
4 Deduct gross premiums now in course of col
lection Accident 13333971 health 3
07101 plate glass 7039302 86798 90
5 Entire premiums collected during the year
Accident 9969688 health 1730049
plate glass 50503438 622031 75
6 Deduct reinsurance return premiums and
cancellations Accident 2291448 health
475974 plate glass 7521021 102884 43
18 Total net cash actually received for premiumsi
21 Interest on bonds and dividends on stock
22 Interest from all other sources
25 Profit on sale or maturity of ledger assets 50 shares Long
Island Safe Deposit Co stock
36 Total income 538870 18
519147 32
17908 14
1577 22
237 50
IIIDISBURSEMENTS
1 Gross amount paid for losses Accident
3000632 health 376457 plate glass
16946463 203235 52
2 Deduct salvage and reinsurance Plate glass 1944 XS
3 Net amount paid policyholders for losses
14 Investigation and adjustment of claims including legal and
other expenses in defense of suits against policyholders
viz Accident
18 Commissions or brokerage less amount received on return
premiums and reinsurance for the following classes Ac
cident 2844906 health 582681 plate glass 153767
25
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
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
32 Advertising
33 Printing and stationery
34 Postage and express
35 Furniture and fixtures
201291 37
56 21
188043 12
20000 00
63820 62
9872 28
1097 00
7076 96
14442 85
1161 76
1798 39
7529 33
3292 80
517 90640 COMPTROLLERGENERALS REPORT
36 Loss on sale or maturity of ledger assets Profit and loss 121 75
40 All other disbursements Sundries 10124 01
45 Total disbursements 530946 35
IVLEDGER ASSETS
4 Book value of bonds excluding interest 41930625 and
book value of stocks 10011620 519422 45
5 Cash in companys office 544868 deposited in banks
4813434 53583 02
11 Ledger assets 573005 47
NONLEDGER ASSETS
13 Interest accrued on bonds 4504 13
19 Gross premiums in course of collection viz
On policies or renewals issued subsequent to
October 1 1906 Accident 1308435
health 305001 plate glass 6941852 85552 88
On policies or renewals issued prior to Octo
ber I 1906 Accident 24962 health 21
plate glass 97540 1246 02
Total 86798 90
37 Gross assets
DEDUCT ASSETS NOT ADMITTED
43 Gross premiums in course of collection writ
ten prior to October 1 1906 1246 02
44 Book value of ledger assets over market
value 6572 45
Total 7818 47
51 Admitted assets
VLIABILITIES
1 Losses and claims
In process of adjustment Plate glass 6717 27
Reported proofs not received Accident 4
89200 health 147700 6369 00
17 Total unpaid claims and expenses of settlement 13086 27
8 Gross premiums less reinsurance upon all unexpired risks
running one year or less from date of policy 52283837
unearned premiums 50 per cent 261419 18
664308 50
656490 03COMPTROLLERGENERALS REPORT
641
21 Commissions brokerage and other charges due or to become
due to agents or brokers on policies issued subsequent to
October I 1906 viz Accident 454169 health 93022
plate glass 2472025 30192 16
25 Salaries rents expenses taxes bills accounts fees etc due
or accrued 735 67
30 Reinsurance 1231 35
40 Total amount of all liabilities except capital
41 Capital actually paid up in cash 200000 00
42 Surplus over all liabilities 149825 40
43 Surplus as regards policyholders
306664 63
349825 40
44 Total liabilities 656490 03
Business in the State of Georgia during the year
Gross premiums received on risks
written or renewed during the
year
Gross losses paid
Gross losses incurred
Accident
14741 97
4197 77
4386 77
Health
2959 22
637 85
1087 85
Plate Glass
2348 30
1267 49
i25S 59
THE METROPOLITAN SURETY COMPANY
John J Caullet President M Joseph McCloskey Secretary
Home Office No 38 Park Row New York N Y
ICAPITAL STOCK
I Amount of capital paid
up in cash 500000 00
2 Amount of ledger assets as per balance
December 31 of previous year
Extended at
660574 38
660574 38
IIINCOME
1 Gross premiums unpaid December 31
last year Fidelity 372005 surety
3097560 34695 65
2 Gross premiums written and renewed
during the year Fidelity 6754774
surety 31860280 burglary and
theft 10472392 49087446
3 Total
41 in
525570 II642
COMPTROLLERGENERALS REPORT
4 Deduct gross premiums now in course
of collection Fidelity 936265
surety 8336507 burglary and theft
2069006 11341778
5 Entire premiums collected during the
year Fidelity 6190514 surety
26621333 burglary and theft 84
03386 412152 33
6 Deduct reinsurance return premiums
and cancellations Fidelity 707923
surety 1578641 burglary and theft
1877558 41641 22
i3 Total net cash actually received for premiums
19 Interest on mortgage loans 846 24
21 Interest on bonds and dividends on
stock 20956 41
22 Interest on deposits 2244 89
24 Total interest and rents
30 From all other sources viz Investigation fees and
miscellaneous income
36 Total income
370511 n
24047 54
5244 09
399802 74
IIIDISBURSEMENTS
1 Gross amount paid for losses Fidelity
291627 surety 3013934 burglary
and theft 879097 41846 58
2 Deduct salvage and reinsurance Fi
delity 183227 surety 718888 9021 15
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 39399 surety 57769
burglary and theft 172825
18 Commissions or brokerage less amount received on
return premiums and reinsurance for the following
classes Fidelity 1326733 surety 4638663
burglary and theft 1931611
22 Stockholders for interest or dividends amount de
clared 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
27 Rents
32825 43
2699 93
78970 07
20000 00
52339 78
30154 67
14924 06dgBMr
COMPTROLLERGENERALS REPORT
643
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 Traveling expenses 9
09336 telegraph and telephone 381992
45 Total disburseents
56l2 39
13151 26
10959 27
20326 07
7615 09
5309 72
12913 28
307801 02
IVLEDGER ASSETS
2 Mortgage loans on real estate first liens
4 Book value of bonds and stocks
5 Cash in companys office 5306926 deposited in
banks 4214798
6 Bills receivable
7 Other ledger assets Advanced on contracts se
cured 1635869 mortgage salvage 177516
11 Ledger assets
48850 00
581875 01
95217 24
8500 00
18133 85
752576 10
NONLEDGER ASSETS
12 Interest due and accrued on mort
gages
13 Interest due and accrued on bends
Total
242 71
4633 34
4876 05
Gross premiums in course of collection
viz On policies or renewals issued
subsequent to October 1 1906 Fi
delity and surety 6918888 burg
lary and theft 1697813 8616701
On policies or renewals issued prior to
October 1 1906 Fidelity and surety
2353884 burglary and theft 3
71193 2725077
33 Total H34I7 78
34 Other nonledger assets viz furniture and fixtures
1045393 special deposits 943500 1988893
37 Gross assets
890758 86
DEDUCT ASSETS NOT ADMITTED
39 Bills receivable 8Soo 00
40 Furniture and fixtures io4S3 93644
COMPTROLLERGENERALS REPORT
43 Gross premiums in course of collection
written prior to October 1 1906 27250 Tj
Total
SI Admitted assets 839341 65
5i4i7 21
VLIABILITIES
I Losses and claims
In process of adjustment Fidelity
8835 surety 2436760 burglary
and theft 146706
Resisted Burglary and theft
10
25923 01
901 50
17 Total unpaid claims
18 Gross premiums less reinsurance upon
all unexpired risks running one year
or less from date of policy 30538099
unearned premiums 50 per cent
Gross premiums less reinsurance upon
all unexpired risks running more than
one year from date of policy un
earned premiums pro rata
26824 51
152690 50
17248 48
20 Total unearned premiums
21 Commissions brokerage and other charges due or to
become due to agents or brokers on policies issued
subsequent to October 1 1906 viz Fidelity and
surety 613104 burglary and theft 223154
25 Salaries rents expenses taxes bills accounts fees
etc due or accrued
30 Reinsurance
31 Other liabilities viz Contingent reserve
40 Total amount of all liabilities except capital
41 Capital actually paid up in cash 500000 00
42 Surplus over all liabilities 11987985
169938 98
8362 58
183 92
47l6 81
9435 00
219461 80
43 Surplus as regards policyholders 619879 8
44 Total liabilities
839341 65
Business in the State of Georgia during the year
Fidelity
Gross premiums received on risks written
or renewed during the year
55 00
Surety
367 28
COMPTROLLERGENERALS REPORT
645
NATIONAL SURETY COMPANY OE NEW YORK
William B Joyce President Samuel H Shriver Secretary
Home Office 346 Broadway New York N Y
ICAPITAL STOCK
1 Amount of capital paid
up in cash 500000 00
2 Amount of ledger assets as per bal
ance December 31 of previous year 1872433 82
Extended at 187243382
11INCOME
1 Gross premiums unpaid December 31
last year Fidelity 10272570 surety
7438757 burglary and theft 36
91727 214030 54
2 Gross premiums written and renewed
during the year Fidelity 77316190
surety 58249607 burglary and theft
21352296 1569180 93
Total 178321147
3 Deduct gross premiums now in corse
of collection Fidelity 11448473
surety 8636568 burglary and theft
4277206 243622 47
4 Entire premiums collected during
the year Fidelity 76140287 surety
S7o5i796 burglary and theft 207
66817 153958900
5 Deduct reinsurance return premiums
and cancellations Fidelity 124
79947 surety 9414697 burglary
and theft 3393479 252881 23
18 Total net cash actually received for premiums 1286707 77
19 Interest on mortgage loans 595 86
21 Interest on bonds and dividends on
stock 38334 60
22 Interest from all other sources 8403 80
23 Gross rents from companys property 5895 09
24 Total interest and rents
53229 35646
COMPTROLLERGENERALS REPORT
25 Profit on sale or maturity of ledger assets Parcel
No 7 Washburn property Chicago No 106468
76th street 738 3S
30 From all other sources Miscellaneous income 133 18
36 Total income 321324247
IIIDISBURSEMENTS
1 Gross amount paid for losses Fidelity
28580983 surety 43672607 bur
glary and theft 4298860 76552450
2 Deduct salvage and reinsurance Fi
delity 11972345 surety 4831140
burglary and theft 190087 i6993S 7
3 Net amount paid policyholders for losses
14 Investigation and adjustment of claims including legal
and other expenses in defense of suits against
policyholders viz Fidelity 1696717 surety
2200321 burglary and theft 223861
t8 Commissions or brokerage less amount received on
return premiums and reinsurance for the following
classes Fidelity 11725316 surety 8845414
burglary and theft 4668207
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 Inspection other than medical Fidelity 652588
surety 2898 trainmen 307772
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 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 Charged off
in book value New York City stock 940000 on
sale of stock Davies Mills Co Fall River Mass
150000
40 All other disbursements Miscellaneous expenses 14
03344 telephone and telegraph 335452 ad
vanced to inspectors etc expenses 128762 ad
595588 78
41208 99
252389 37
148594 4
95759 17
9632 58
12591 44
3014 78
106 03
30978 30
21968 61
5005 33
19919 33
20384 42
2767 81
10900 00
COMPTROLLERGENERALS REPORT
647
vanced account commissioners 27695 loss through
agents and others 1125 suspense items 1
02383
19987 6r
45 Total disbursements 1290797 19
IVLEDGER ASSETS
1 Book value of real estate unincumbered T 16426 77
2 Mortgage loans on real estate first liens 17465 85
4 Book value of bonds excluding interest 1233
97813 and book value of stocks 24415000 1478128 13
5 Cash in companys office 1621515 deposited in
banks 27833852 294553 67
6 Accounts receivable Refund of fares 4596 railroad
inspection advertising expenses 568165 German
Bank Buffalo 33621 Merchants Tr 3880 610262
7 Other ledger assets Advanced on contracts 9
55365 agency balances 21459 9768 24
II Ledger assets 1922445 28
NONLEDGER ASSETS
12 Interest accrued on mortgages
13 Interest accrued on bonds and stocks
Total
19 Gross premiums in course of collection viz
On policies or renewals issued subse
quent to October 1 1906 Fidelity
8062481 surety 6082223 bur
glary and theft 3827211
On policies or renewals issued prior to
October 1 1906 Fidelity 3385992
surety 2554345 burglary and theft
449995
152 00
8044 15
33 Total
T797I9 IS
63903 32
8196 15
243622 47
37 Gross assets 2174263 90
DEDUCT ASSETS NOT ADMITTED
39 Accounts receivable German Bank
Buffalo 33621 Mer Trust Co
Memphis 3880 375 01
43 Gross premiums in course of collection
written prior to October 1 1906 63903 32648
COMPTROLLERGENERALS REPORT
44 Book value of ledger assets over mar
ket value viz Stocks and bonds
Total
Si Admitted assets
5658 97
69937 30
2104326 60
LIABILITIES
26
30
Losses and claims
In process of adjustment Fidelity
61722 surety 2489181 burglary
and theft 550140
Resisted Fidelity 3340233 surety
5156525
31010 43
84967 58
17 Total unpaid claims and expenses of settlement
18 Gross premiums less reinsurance upon all unexpired
risks running one year or more from date of policy
140019402 unearned premiums 50 peV cent
21 Commissions brokerage and other charges due or to
become due to agents or brokers on policies issued
subsequent to October I 1906 viz Fidelity 14
10934 surety 1064389 burglary and theft 6
69760
Dividends due stockholders
Reinsurance 366403 company surety 735235
31 Other liabilities viz Advance premiums 100 per
cent 960056 loss and salvage 280801 mis
cellaneous 19626 Munich reinsurance real estate
10231 Munich reinsurance salvage 251162
special reserve created by company 10000000
40 Total amount of all liabilities except capital
41 Capital actually paid up in cash 500000 00
42 Surplus over all liabilities 620565 61
115978 01
700097 01
31450 83
10000 00
11016 38
105618 20
983760 99
43 Surplus as regards policyholders 1120565 61
44 Total liabilities 2104326 60
Business in the State of Georgia during the year
Burglary
Fidelity Surety and Theft
Gross premiums received on
risks written and renewed
during the year 762387 291366 89730
Gross losses paid 193 44 558 80 136 34
Gross losses incurred 493 44 284 88 121 34
COMPTROLLERGENERALS REPORT
649
NATIONAL CASUALTY COMPANY OF MICHIGAN
David E Thomas President Franklin S Dewey Secretary
Principal Office Detroit Mich
W A Wright Atlanta Attorney for service in Georgia
ICAPITA STOCK
I Amount of capital stock
paid up in cash 10000000
Amount of net or ledger assets Decem
ber 31 of previous year 140956 00
Extended at
IIINCOME DURING YEAR IOX6
I Cash received for premiums on new policies without
deductions for commissions or other expenses
Health and accident
9 Cash received for interest on bonds owned and divi
dends on stock
17 Premium notes loans or liens restored
18 Policy fees
19 From all other sources viz Policy fees as rcpre
sented by application
140956 00
Total income
354285 92
4164 41
1044 46
321 29
64000 00
423816 08
HIDISBURSEMENTS DURING YEAR I9O6
I Cash paid for claims including revisionary additions
Health and accident
16 Cash paid stockholders for interest on dividends
17 Cash paid for commissions and bonuses to agents less
commissions on reinsurance
18 Cash paid for salaries and allowances to managers and
agents
20 Cash paid for salaries and all other compensations of
officers and other home office employees
23 Cash paid for insurance department fees and agents
licenses
24 Cash paid for rent
26 Cash paid for furniture fixtures and safes for home
and agency offices
27 Cash paid for advertising and printing
28 Cash paid for legal expenses
29 Cash paid for the following items viz Policy fees
retained by agents 6400000 postage and express
142608 06
24000 00
47020 48
46098 53
31539 44
6784 31
9589 23
343 65
9537 29
4064 80650
COMPTROLLERGENERALS REPORT
878435 traveling expense 287765 general ex
pense 992248
30 Total disbursements
IVASSETS AS PER LEDGER ACCOUNTS
2 Loans on mortgage first liens on real estate
6 Cost value of bonds and stocks owned excluding
crued 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
14 Interest due 11800 and accrued
2838 on mortgages 146 38
15 Interest accrued on bonds and stocks 1955 tI
Total cajried out
21 Market value of bonds and stocks over cost
24 Gross deferred premiums on policies in force Decem
ber 31 1906
28 Total assets
VLIABILITIES
11 Commissions due agents
12 Advance premiums
13 Amount due on account of salaries rents and office
expenses
16 Amount of any other liability of the company viz
Health and accident claims in process of adjust

ment
i Liabilities on policyholders account
20 Capital stock
21 Surplus over all liabilities
Total
85S84 48
264562 26
2700 00
129400 00
865 96
16035 68
8600 12
157601 76
2101 49
337i 7o
800 00
163874 95
3100 00
2755 40
250 00
7500 00
23605 40
100000 00
40269 55
163874 95
COMPTROLLERGENERALS REPORT
651
NEW YORK PLATE GLASS INSURANCE COMPANY
Major A White President J Carroll French Secretary
Home Office 42 Cedar Street New York
ICAPITAL STOCK
1 Amount of capital paid
up in cash 20000000
2 Amount of ledger assets as per bal
ance December 31 of previous year 665823 54
Extended at 66523 54
IIINCOME
Gross premiums unpaid December 31
last year Plate glass 88331 17
Gross premiums written and renewed
during the year Plate glass 560644 92
Total 648976 09
Deduct gross premiums now in course
of collection Plate glass i 9T748 S3
Entire premiums collected during the
year Plate glass 557227 56
Deduct reinsurance return premiums
andcancellations Plate glass 88563 57
18 Total net cash actually received for premiums
19 Interest on mortgage loans 89000
21 Interest on bonds and dividends on
stock 23168 83
22 Interest from all other sources 159 9
24 Total interest and rents
25 Profit on sale or maturity of ledger assets Stocks
and bonds
36 Total income
468663 99
25650 81
5460 27
499775 07
IIIDISBURSEMENTS
i Gross amount paid for losses Plate
glass 208176 95
2 Deduct salvage and reinsurance Plate
glass 25I4 Si
3 Net amount paid policyholders for losses 205662 44652
COMPTROLLERGENERALS REPORT
18 Commissions or brokerage less amount on return
premiums and reinsurance for the following classes
Plate glass
22 Stockholders for interest or dividends amount de
clared during the year 12 per cent
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
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 Traveling 39258 sus
pense 8249 general expense 717343
45 Total disbursements
IVLEDGER ASSETS
2 Mortgage loans on real estate other than first
liens a
4 Book value of bonds excluding interest 15490919
and book value of stocks 48341932
5 Cash in companys office 282530 deposited in banks
2662168
163054 99
30000 00
39984 69
4959 73
8528 96
13101 43
82 05
665 92
2452 21
1678 82
168 36
7483 52
n Ledger assets
NONLEDGER ASSETS
18 Market value of bonds and stocks over book value
19 Gross premiums in course of collection viz
477823 12
20000 00
638328 51
29446 98
687775 49
10447 49
On policies or renewals issued subse
quent to October 1 1907 Plate glass
On policies or renewals issued prior to
October 1 1906 Plate glass
90934 44
514 09
33 Total
91748 53
37 Gross assets
DEDUCT ASSETS NOT ADMITTED
789971 51
43 Gross premiums in course of collection written prior
to October 1 1906
51 Admitted assets
814 09
789157 42J
COMPTROLLERGENERALS REPORT
653
VLIABILITIES
Losses and claims
In process of adjustment Plate glass 3538 73
Reported proofs not received Plate
glass 1348 00
17 Total unpaid claims and expenses of settlement
18 Gross premiums less reinsurance up
on all unexpired risks running one
year or less from date of policy 460
71615 unearned premiums 50 per
cent 230358 08
19 Gross premiums less reinsurance up
on all unexpired risks running more
than one year from date of policy
3847905 unearned premiums pro
rata 20944 80
20 Total unearned premiums
21 Commissions brokerage and other charges due or to
become due to agents or brokers on policies issued
subsequent to October 1 1906 viz Plate glass
26 Dividends due stockholders
4886 73
251302 88
31827 05
6000 00
40 Total amount of all liabilities except capital 294016 66
41 Capital actually paid up in cash 200000 00
42 Surplus over all liabilities 295140 76
43 Surplus as regards policyholders
44 Total liabilities
Business in the State of Georgia during the year
Gross premiums received on risks written or renewed
during the year
Gross losses paid
Gross losses incurred
495140 76
789157 42
Plate Glass
2449 IO
546 48
546 4654
COMPTROLLERGENERALS REPORT
NORTH AMERICAN ACCIDENT INSURANCE COMPANY OF
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 200000 00
2 Amount of ledger assets as per bal
ance December 31 of previous year 382333 95
3 Increase of paidup capital during the
year transferred from surplus account 100000 00
Extended at 482333 95
IIINCOME
1 Gross premiums unpaid December 31
last year 57366 35
2 Gross premiums written and renewed
during the year 72018927
3 Total 777555 62
4 Deduct gross premiums now in course
of collection 31709 32
5 Entire premiums collected during the
ycar 745846 30
6 Deduct reinsurance return premiums
and cancellations 82195 34
18 Total net cash actually received for premiums 66365096
Policy fees required or represented by applications 192164 00
19 Interest on mortgage loans 2386 44
20 Interest on collateral loans 1862 50
21 Interest on bonds and dividends on stock 11200 55
22 Interest from all other sources 11687s
24 Total interest t6 618 22
36 Total income 872433 18
IIIDISBURSEMENTS
Accident
i Gross amount paid for losses 199127 63
2 Deduct salvage and reinsurance 344 82
3 Net amount paid policyholders for losses 19878281
COMPTROLLERGENERALS REPORT
655
14 Investigation and adjustment of claims including
legal and other expenses in defense of suits against
policyholders 5279 51
18 Commissions or brokerage less amount received on
return premiums and reinsurance for the following
class Accident 234990 63
Policy fees waived or retained by agents 192164 00
22 Stockholders for interest or dividends amount de
clared during the year 20000 00
23 Salaries fees and all other compensation of officers
and home office employees 61934 25
24 Salaries traveling and all other expenses of agents not
paid by commissions 27050 00
25 Medical examiners fees and salaries 4650 70
27 Rents 8506 91
30 All other taxes licenses and insurance department fees 12999 62
31 Legal expenses not included in No 14 21043
32 Advertising II96 159
33 Printing and stationery 16433 74
34 Postage and express 9668 44
35 Furniture and fixtures 2354 48
40 All other disbursements Incidental expense 789081
traveling expenses 374850 hospital fees 181497 13454 28
43 Transferred from surplus account to capital stock ac
count as a stock dividend 100000 00
45 Total disbursements
909676 39
IVLEDGER ASSETS
2 Mortgage loans on real estate 65100 00
3 Loans secured by pledge of bonds stocks or other col
laterals 348oo 00
4 Book value of bonds excluding interest 300631 85
5 Cash in companys office 187150 deposited in banks
3663388 3850538
7 Other ledger assets Cash in branch offices for cur
rent use 151134 cash advanced to agents 454217 6053 51
II Ledger assets 445090 74
NONLEDGER 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 poli
cies or renewals issued subsequent to October I
1906
794 29
782 31
109 28
31709 32
37 Gross assets 478485 94656
COMPTROLLERGENERALS REPORT
DEDUCT ASSETS NOT ADMITTED
44 Book value of ledger assets over market
value
47 Cash advanced to agents
Total
SI Admitted assets
3215 40
4542 17
7757 57
470728 37
VLIABILITIES
I Losses and claims
In process of adjustment
Resisted
12654 18
10840 00
17 Total unpaid claims
18 Gross premiums less reinsurance upon all unexpired
risks running one year or less from date of policy
16816928 unearned premiums fifty per cent
21 Commissions brokerage and other charges due or
to become due to agents or brokers on policies is
sued subsequent to October 1 1906
JS Salaries rents expenses taxes bills accounts fees
etc due or accrued
32 Estimated cost of adjusting unpaid claims
40 Total amount of all liabilities except capital and
surplus
41 Capital actually paid up in cash 20000000
42 Surplus over all liabilities 152422 55
43 Surplus as regards policyholders
44 Total liabilities
Business in the State of Georgia during the year
Gross premiums received on risks written or renewed
during the year
Gross losses paid
Gross losses incurred
23494 18
84084 64
7927 00
1800 00
1000 00
118305 82
352422 55
470728 37
Accident
9182 39
1969 29
2027 29
COMPTROLLERGENERALS REPORT
657
THE OCEAN ACCIDENT AND GUARANTEE CORPORATION
LIMITED OF LONDON ENGLAND
Oscar Ising General Manager for the United States
American Head Office 350 Broadway New York N Y
Clarence Hatch Atlanta Attorney for Service in Georgia
1CAPITAL STOCK
2 Amount of ledger assets as per balance
December 31 of previous year 2638895 06
Extended at
263889s 06
IIINCOME
1 Gross premiums unpaid December 31
last year Accident 3183224 health
275526 liability 11672444 steam
boiler 859924 burglary and theft
1431215 174223 33
2 Gross premiums written and renewed
during the year Accident 297
14291 health 2947303 liability 1
37665083 steam boiler 6937231
burglary and theft 17271451 credit
41484679 2360200 38
3 Total 2534423 71
4 Deduct gross premiums now in course
of collection Accident 3579769
health 408950 liability 15387305
steam boiler 886573 burglary and
theft 2045992 223085 89
5 Entire premiums collected during the
year Accident 29317746 health
2813879 liability 133950222
steam boiler 6910582 burglary and
theft 16656674 credit 41484679 231133782
6 Deduct reinsurance return premiums
and cancellations Accident 7254045
health 944683 liability 2935404
steam boiler 2651884 burglary and
theft 4730130 credit 383136 453179 18
18 Total net cash actually received for premiums 1858158 64
42 in658
COMPTROLLERGENERALS REPORT
22 Interest on bonds and dividends on stock 92500 3
23 Interest on deposits 1924 98
24 Interest from all other sources 763 47
26 Total interest 9Si88 78
28 Atchison Topeka Santa Fe 4 per cent bonds due
1955 110 83
38 Total income 1953458 25
IIIDISBURSEMENTS
1 Gross amount paid for losses Accident
8243626 health 450703 liability
40526391 steam boiler 170967
burglary and theft 1833479 credit
17208388 684335 54
2 Deduct salvage and reinsurance Acci
dent 153714 health 6430 steam
boiler 2500 burglary and theft 1
20635 credit 2069292 23525 71
3 Net amount paid policy holders for losses
4 Investigation and adjustment of claims Accident
1268372 health 100876 liability 12737798
steam boiler 95237 burglary and theft 760431
credit 1136300
14 Commissions or brokerage less amount received on
return premiums and reinsurance for the following
classes Accident 6979342 health 591914 lia
bility 24557716 steam boiler 1294656 burglary
and theft 3553473 credit 8672506
19 Interest on investments and dividends to home office
20 Salaries fees and all other compensation of officers
directors trustees and home office employees
21 Salaries traveling and all other expenses of agents not
paid by commissions
22 Medical examiners fees and salaries
23 Inspections other than medical
24 Rents
27 All other taxes licenses and insurance department
fees
28 Legal expenses
29 Advertising
30 Printing and stationery
31 Postage and express
32 Furniture and fixtures
37 All other disbursements Telegrams 47644 tele
phone 88787 surety bonds 23122 discount and
660809 83
160990 14
456496 07
183027 78
99049 47
29262 69
15 00
22772 52
9H3 96
379i8 95
4078 51
8097 38
13433 07
4431 02
2640 69COMPTROLLERGENERALS REPORT
659
exchange 63217 general expense 2017927 profit
and lossagents balances 871336
31120 33
46 Total disbursements 172325741
IVLEDGER ASSETS
4 Book value of bonds excluding in
terest 279176602
5 Cash deposited in bank 67519 95
6 Premium notes 9809 93
11 Ledger assets 2869095 90
NONLEDGER ASSETS
13 Interest accrued on bonds
19 Gross premiums in course of collection viz
On policies or renewals issued subse
sequent to October I 1906 Acci
dent 3541774 health 406921 lia
bility 15094021 steam boiler 8
27704 burglary and theft 2038362 21908782
On policies or renewals issued prior to
October 1 1906 Accident 37995
health 2029 liability 293284
steam boiler 58869 burglary and
theft 7630 3998 07
31407 85
33 Total
37 Gross assets
DEDUCT ASSETS NOT ADMITTED
43 Gross premiums in course of collection written prior
to October 1 1906
44 Book value of ledger assets over market value
223085 89
3123589 64
3998 07
125770 14
51 Admitted assets 2993821 43
VLIABILITIES
Losses and claims
In process of adjustment Accident
2136400 health 152000 steam
boiler 70000 burglary and theft
664500 credit 228200
Resisted Accident 100000 credit
1095000
32511 00
11950 00660
COMPTROLLERGENERALS REPORT
16 Special reserve for unpaid liability losses 516567 43
17 Special reserve for credit losses on poli
cies expiring October November and
December 1906 being 50 per cent of
14711166 gross premiums received
on said policies less 2871991 paid
during said months on losses under
said policies 44835 92
689044 31
18 Total unpaid claims
19 Gross premiums less reinsurance
upon all unexpired risks running one
year or less from date of policy
137808862 unearned premiums 50
per cent
20 Gross premiums less reinsurance
upon all unexpired risks running
more than one year from date of
policy 12764054 unearned pre
miums pro rata 70059 31
21 Total unearned premiums
22 Commissions brokerage and other charges due or to
become due to agents or brokers on policies issued
subsequent to October I 1906 viz Accident 11
19201 health 128587 liability 3547095 steam
boiler 251622 burglary and theft 605393
26 Salaries rents expenses taxes bills accounts fees
etc due or accrued
Advance premiums 100 per icent
603864 35
32
34 Contingent reserve
59 103 56
56518 98
45ooo 00
20212 50
250000 00
42 Total amount of all liabilities except capital 173669939
1257122 04
45 Surplus as regards policyholders
46 Total liabilities
2993821 43
Accident
Health
Liability
Steam boiler
Burglary and
Credit
Business in the State of Georgia during the year
Gross Premiums
Received on Risks
Written or Re
newed During
the Year
6692 88
689 76
13091 92
449 83
2118 81
18603 35
theft
Gross
Losses
Paid
1488 69
401 72
8785 10
6491 38Sy
COMPTROLLERGENERALS REPORT
661
PACIFIC MUTUAL LIFE INSURANCE COMPANY OF CALIFORNIA
Geo I Cochran President Rich J Mier Second Assistant Secretary
Home Office Pacific Mutual Life Building Los Angeles California
IIINCOME
1 Gross premiums unpaid December 31 last
year Accident 168524 23
2 Gross premiums written and renewed during
the year Accident 874051 00
3 Total 1042575 23
4 Deduct gross premiums now in course of col
lection Accident 168724 00
5 Entire premiums collected during the year
year Accident 873851 23
6 Deduct reinsurance return premiums and
cancellations Accident 275302 39
18 Total net cash actually received for premiums
19 Policy fees required or represented by applications
38 Total income carried to life statement
598548 84
6220 00
604768 84
TilDISBURSEMENTS
1 Gross amount paid for losses Accident 256442 19
2 Deduct salvage and reinsurance Accident 8698 37
3 Net amount paid policyholders for losses
4 Investigation and adjustment of claims
14 Commission or brokerage less amount received on return
premiums and reinsurance for the following classes Ac
cident
18 Policy fees retained by agents
20 Salaries fees and all other compensation of officers direc
tors trustees and home office employees
21 Salaries traveling and all other expenses of agents not paid
by commissions
22 Medical examiners fees and salaries
23 Inspection other than medical
24 Rents including 140000 for companys occupancy of its
own buildings
27 All other taxes licenses and insurance department fees
28 Legal expenses
29 Advertising
30 Printing and stationery
247743 82
r7i4 99
190993 83
6220 00
29519 98
16907 S3
7925 22
55 00
6106 69
10897 46
1579 06
1273 03
14870 63
662 COMPTROLLERGENERALS REPORT
31 Postage and express 810 52
32 Furniture and fixtures 2712 27
34 Dividends to policyholders 406 10
37 All other disbursements General expense 3060 65
46 Total disbursements carried to life statement 543291 78
NONLEDGER ASSETS
19 Gross premiums in course of collection viz
On policies or renewals issued subsequent to
October 1 1906 Accident 168724 00
On policies or renewals issued prior to Octo
ber 1 1906 14809 00
33 Total 183533 00
34 Other nonledger assets viz Reinsurance due from other
companies 1301 46
37 Gross assets 184834 46
DEDUCT ASSETS NOT ADMITTED
43 Gross premiums in course of collection written prior to
October 1 1906 14809 00
51 Admitted assets carried to life statement 170025 46
vliabilities
I Losses and claims
In process of adjustmentaccident 5500 00
Reported proof not receivedaccident 12240 00
Resistedaccident 7400 00
15 Net unpaid claims except liability claims 25140 00
19 Gross premiums less reinsurance upon all unexpired risks
running one year or less from date of policy 50471535
unearned premiums 50 per cent 252357 67
22 Commissions brokerage and other charges due or to become
due to agents or brokers on policies issued subsequent to
October 1 1906 viz Accident 53992 00
42 Total amount of all liabilities except capital 331489 67
Business in the State of Georgia during the year
Accident
Gross premiums received on risks written or renewed during
the year 5892 36
Gross losses paid 2969 41COMPTROLLERGENERALS REPORT
663
PENNSYLVANIA CASUALTY COMPANY
Thos E Jones President F H Kingsbury Secretary
Home Office Corner Washington Avenue and Spruce Street Scranton Pa
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 43375 76
Extended at 433750 76
IIINCOME
1 Gross premiums unpaid December 31 last
year Accident 1947269 health 6
72260 liability 2916200 plate glass 7
34537 steam boiler 3H939 65822 05
2 Gross premiums written and renewed during
the year Accident 12114249 health
6873987 liability 21967640 plate glass
4837328 steam boiler 1501186 47294390
3 Total 538765 95
4 Deduct gross premiums now in course of col
lection Accident 2290544 health 8
75596 liability 5548705 plate glass
1249639 steam boiler 171984 101364 68
5 Entire premiums collected during the year
Accident 11770974 health 6670651
liability 19335135 plate glass 4322226
steam boiler 1641141 437401 27
6 Deduct reinsurance return premiums and
cancellations Accident 3007867 health
1266581 liability 6100956 plate glass
777718 steam boiler 253703 114068 25
18 Total net cash actually received for premiums
21 Interest on bonds and dividends on stock
22 Interest from all other sources
25 Profit on sale or maturity of ledger assets Sale Norfolk
and Southern stock
29 Inspections
30 From all other sources Unclassified premiums
36 Total income
323333 02
14536 09
416 29
500 00
101 00
1940 05
340826 45664
COMPTROLLERGENERALS REPORT
IIIDISBURSEMENTS
1 Gross amount paid for losses Accident 44
36113 health 2481924 liability 31
43019 plate glass 1229801 steam boiler
1900205
2 Deduct salvage and reinsurance Accident
17785 health 15821 plate glass 455
13
131910 62
791 19
3 Net amount paid policyholders for losses
14 Investigation and adjustment of claims including legal and
other expenses in defense of suits against policyholders
viz Accident 64228 health 28313 liability 13742
86 plate glass 910 steam boiler 85135
18 Commissions or brokerage less amount received on return
premiums and reinsurance for the following classes Ac
cident 2437318 health 1285348 liability 3920670
plate glass 1183966 steam boiler 418828
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
25 Medical examiners fees and salaries
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
35 Furniture and fixtures
36 Loss on sale or maturity of ledger assets Accounts charged
off
40 All other disbursements General expense 229930 un
classified premium account 1905 32874
131119 43
15528 72
92461 30
22992 26
17611 23
1139 48
5530 15
4445 92
7633 38
454 65
2819 12
6250 45
2542 72
923 82
1812 39
2628 64
45 Total disbursements
315893 06
IVLEDGER ASSETS
2 Mortgage loans on real estate first liens
3 Loans secured by pledge of bonds stocks or other collat
erals
4 Book value of bonds excluding interest
5 Cash in companys office 163386 deposited in banks
6 Bills receivable
5855430
7 Other ledger assets Accounts receivable
11 Ledger assets
2500 00
2500 00
377665 40
1470 13
60188 16
14360 46
458684 15
COMPTROLLERGENERALS REPORT
665
NONLEDGER assets
13 Interest due and accrued on bonds 3345 80
15 Interest due and accrued on other assets 195 75
Total
18 Market value not including interest in item 13 of bonds
and stocks over book value
19 Gross premiums in course of collection viz
On policies or renewals issued prior to Octo
ber 1 1906 Accident 70000 health 425
liability 153053 plate glass 154447
steam boiler 30000 4500 00
On policies or renewals issued subesquent to
October I 1906 Accident 2220544
health 833096 liability 5395652 plate
glass 1095192 steam boiler 141984 9686468
33 Total
37 Gross assets
DEDUCT ASSETS NOT ADMITTED
39 Bills receivable 616 13
43 Gross premiums in course of collection writ
ten prior to October I 1906 4500 00
44 Book value of ledger assets over market
value viz Accounts receivable unsecured 7337 46
Total
51 Admitted assets
3S4i 55
1772 10
101364 68
565362 48
12453 59
552908 89
VLIABILITIES
1 Losses and claims in process of adjustment Accident 5
07771 health 197910 plate glass 201090 work
mens collective 43678
2 Estimated expenses incident to the settlement of unpaid
claims
16 Special reserve for unpaid liability losses
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 27031483 unearned
premiums 50 per cent 135157 41
19 Gross premiums less reinsurance upon all
unexpired risks running more than one
9504 49
480 00
27499 98
37484 47666
COMPTROLLERGENERALS REPORT
year from date of policy 3450777 un
earned premiums pro rata 22775 69
20 Total unearned premiums
21 Commissions brokerage and other charges due or to become
due to agents or brokers on policies issued subsequent to
October 1 1906 viz Accident 796927 health 2
69257 liability 1584973 plate glass 357041 steam
boiler 35812
25 Salaries rents expenses taxes bills accounts fees etc
due or accrued
40 Total amount of all liabilities except capital
41 Capital actually paid up in cash 300000
42 Surplus over all liabilities 26151 65
157933 10
30440 10
899 57
43 Surplus as regards policyholders
44 Total liabilities
226757 24
326151 65
Business in the State of Georgiaduring the year
552908 89
Accident
Health
Liability
Plate glass
Gross Premiums Received on Risks Written or Renewed During the Year Gross Losses Paid Gross Losses Incurred
6275 34 3104 98 2906 63 1488 24 1446 02 226 75 1488 24 1446 02226 75
3202 34 799 62 799 62
PREFERRED ACCIDENT INSURANCE COMPANY OF NEW YORK
Kimball C Atwood President W C Potter Secretary
Home Office 290 Broadway New York N Y
John S Owens Atlanta Attorney for Service in Georgia
ICAPITAL STOCK
1 Amount of capital paid up in
cash 350000 00
2 Amount of ledger assets as per balance
December 31 of previous year 1164850 75
3 Increase of paidup capital during the year 150000 00
Extended at 111
s 1314030 73
COMPTROLLERrGENERALS REPORT
667
IIINCOME
1 Gross premiums unpaid December 31 last
year Accident 13271905 health 26
54581 15926486
2 Gross premiums written and renewed during
the year Accident 135642712 health
26781041 1624246 53
3 Total I7835H 39
4 Deduct gross premiums now in course of col
lection Accident 14227051 health 28
45410 17072461
5 Entire premiums collected during the year
Accident 134687566 health 26591112 161278678
6 Deduct reinsurance return premiums and
cancellations Accident 16661574 health
4306870 29684 44
18 Total net cash actually received for premiums 1403102 34
21 Interest on bonds and dividends on stock
22 Interest from all other sources
25 Profit on sale of 10000000 U S 20 per cent bonds
1647 68
4000 00
36 Total income
1446757 46
IIIDISBURSEMENTS
3 Net amount paid policyholders for losses Accident 404
48791 health 7212539 476613 30
14 Investigation and adjustment of claims including legal and
other expenses in defense of suits against policyholders
viz Accident 871805 I health i7436o 10461 65
18 Commissions or brokerage less amount received on return
premiums and reinsurance for the following classes Ac
cident 39542050 health 6248861 457909 11
22 Stockholders for interest or dividends amount declared
during the year 5000000 43ooo 00
23 Salaries fees and all other compensation of officers and
home office employees 204811 27
24 Salaries traveling and all other expenses of agents not paid
3i39i 40
by commissions y
25 Medical examiners fees and salaries ISOH 16
26 Inspections other than medical 250 00
27 Rents for companys own occupancy I26i3 27
30 All other taxes licenses and insurance department fees 23168 12
l Legal expenses not included in No 14 T478 28
o 77 15
32 Advertising J
33 Printing and stationery 11041 64668 COMPTROLLERGENERALS REPORT
34 Postage and express g Q
35 Furniture and fixtures Jz qq
ZJjJ OO
40 All other disbursements Telegrams exchange car fare etc 2722 12
45 Total disbursements 131088689
IVLEDGER ASSETS
4 Book value of bonds excluding interest 120128988 and
book value of stocks 13390986 1335197 74
5 Cash in companys office 287600 deposited in banks
11264758
3 5523 58
11 Ledger assets 4
1450721 32
NONLEDGER ASSETS
13 Interest due and accrued on bonds 7 411 10
19 Gross premiums in course of collection viz
On policies or renewals issued subsequent to
October 1 1906 Accident 13194356
health 2638871 Is8332 27
On policies or renewals issued prior to Octo
ber 1 1906 Accident 103269 health
26539 1239234
33 Total
170724 61
37 Gross assets r
1628857 03
DEDUCT ASSETS NOT ADMITTED
43 Gross premiums in course of collection writ
ten prior to October 1 1906 12392 34
45 Book value of bonds and stocks over market
Value 1334274
50 Total
25735 08
51 Admitted assets ri
1603121 95
VLIABILITIES
1 Losses and claims
In process of adjustment Accident 9818
75 health 29285 I0III s6
Reported proofs not received Accident 25
30000 health 510000 304OO 00
Resisted Accident 3449183 health 30000 34791 83
17 Total unpaid claims and expenses of settlement 166000 76963 39
COMPTROLLERGENERALS REPORT 669
18 Gross premiums less reinsurance upon all unexpired risks
running one year or less from date of policy 118485370
unearned premiums 50 per cent 592426 85
21 Commissions brokerage and other charges due or to be
come due to agents or brokers on policies issued subse
quent to October 1 1906 viz Accident 3262249 health
79726o 40595 0Q
25 Salaries rents expenses taxes bills accounts fees etc
due or accrued 2308 33
26 Dividends due stockholders 7000 00
30 Reinsurance j 205 04
Advance premiums 100 per cent 3634 00
31 Other liabilities viz Reserve for contingent installment
policies in578 00
40 Total amount of all liabilities except capital 835711 60
41 Capital actually paid up in cash 350000 00
42 Surplus over all liabilities 417410 35
43 Surplus as regards policyholders 767410 35
44 Total liabilities 1603121 95
Business in the State of Georgia during the year
Accident Health
Gross premiums received on risks written or
renewed during the year 870700 133900
Gross losses paid 328822 34106
Gross losses incurred 3688 22 341 06
STANDARD LIFE AND ACCIDENT INSURANCE COMPANY OF
MICHIGAN
D M Ferry President E A Leonard Secretary
Home Office Penobscot Building Detroit Mich
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 2012056 57
Extended at 2012056 57
IIINCOME
I Gross premiums unpaid December 31 last
year Accident 18226088 health 23670 COMPTROLLERGENERALS REPORT
34683 liability 9448648 workmens
collective 582818 305922 37
2 Gross premiums written and renewed during
the year Accident 121482180 health
12632992 liability 82874636 work
mens collective 3761751 2207515 59
3 Total 2513437 96
4 Deduct gross premiums now in course of coi
tion Accident 19934973 health 28209
18 liability 9928163 workmens collec
tive 581120 332651 74
5 Entire premiums collected during the year
Accident 119773295 health 12146757
liability 82395121 workmens collective
3763449 2180786 22
6 Deduct reinsurance return premiums and
cancellations Accident 26055935 health
3053359 liability 7960979 workmens
collective 188131 372584 04
18 Total net cash actually received for premiums 1808202 18
Policy fees required or represented by applications 28089 00
19 Interest on mortgage loans 30918 32
21 Interest on bonds and dividends on stock 60256 26
Interest on deposits 395 00
22 Interest from all other sources 918 18
24 Total interest and rents 92488 26
36 Total income 1928779 44
IIIDISBURSEMENTS
1 Gross amount paid for losses Accident
38210036 health 333956i liability
23807762 workmens collective 16236
22 669809 81
2 Deduct salvage and reinsurance Accident 5239 89
3 Net amount paid policyholders for losses 664569 92
14 Investigation and adjustment of claims including legal and
other expenses in defense of suits against policyholders
viz Accident 697679 health 47870 liability 71
69325 79418 74
18 Commissions or brokerage less amount received on return
premiums and reinsurance for the following classes Ac
cident 27834055 health 3031133 liability 173482
89 workmens collective 983211 491966 88COMPTROLLERGENERALS REPORT
671
Policy fees retained by agents 28089 00
22 Stockholders for interest or dividends amount declared
during the year 32500 00
23 Salaries fees and all other compensation of officers and
home office employees 93959 21
24 Salaries traveling and all other expenses of agents not paid
by commissions 102071 25
26 Inspections other than medical 12735 I2
27 Rents 15164 12
29 Taxes on real estate 2109 51
30 All other taxes licenses and insurance department fees 50933 35
32 Advertising 11536 67
33 Printing and stationery 16938 01
34 Postage and express 15064 01
35 Furniture and fixtures 2399 76
40 All other disbursements Sundry small expenses 1643 20
45 Total disbursements 1621098 75
IVLEDGER ASSETS
1 Book value of real estate unincumberd 30750 00
2 Mortgage loans on real estate first liens 565020 00
4 Book value of bonds excluding interest 1608275 58
5 Cash in companys office 142288 deposited in banks
11426880 115691 68
11 Ledger assets 2319737 26
NONLEDGER ASSETS
12 Interest due 43200 and accrued 750695 on mortgages 7938 95
13 Interest accrued on bonds i578 75
15 Interest accrued on other assets 129 72
18 Market value not including interest in item 13 of bonds
and stocks over book value 37486 92
19 Gross premiums in course of collection viz On policies or
renewals issued subsequent to October 1 1906 Accident
19934973 health 2820918 liability 9928163 work
mens collective 581120 332651 74
37 Gross assets 2713123 34
VLIABILITIES
I Losses and claims
Adjusted Accident 1237242 health 1
61857 workmens collective 57614 1456713
In process of adjustment Accident 15846
71 health 27385 workmens collec
tive 91785 19038 41672
COMPTROLLERGENERALS REPORT
Reported proofs not received Accident
5749964 health 538881 workmens
collective 150601 64394 46
Resisted Accident 46250 00
15 Net unpaid claims except liability claims 144250 00
16 Special reserve for unpaid liability losses 519340 65
17 Total unpaid claims 663590 65
18 Gross premiums less reinsurance upon all
unexpired risks running one year or less
from date of policy 146385326 unearned
premiums 50 per cent 731926 63
19 Gross premiums less reinsurance upon all
unexpired risks running more than one
year from date of policy 1308220 un
earned premiums pro rata 10901 85
20 Total unearned premiums 742828 48
21 Commissions brokerage and other charges due or to become
due to agents or brokers on policies issued subsequent to
October 1 1906 viz Accident 5920686 health 9403
06 liability 2127123 workmens collective 159808 9147923
25 Salaries rents expenses taxes bills accounts fees etc
due or accrued 37819 62
29 Return premiums and cancellations 14969 33
30 Reinsurance 4787 g
40 Total amount of all liabilities except capital I0S5474 67
41 Capital actually paid up in cash 500000 00
42 Surplus over all liabilities 657648 67
43 Surplus as regards policyholders 1157648 67
44 Total liabilities 2713123 34
Business in the State of Georgia during the year
Accident Health
Gross premiums received on risks
written or renewed during the
year i74Siio 1705 45
Gross losses paid 7137 66 478 41
Gross losses incurred 7137 66 478 41
Liability
54 45
362 25
362 25
COMPTROLLERGENERALS REPORT
673
UNITED STATES BRANCH OF THE THAMES AND MERSEY MA
MARINE INSURANCE CO LTD OF GREAT BRITAIN
H K Fowler Manager U S Branch
Head Office in United States 82 Beaver Street New York City N Y

ICAPITAL STOCK
1 Amount of capital paid up in
cash deposit capital 30000000
2 Amount of ledger assets as per balance
December 31 1905
Extended at
23
750048 02
750048 02
IIINCOME
5 Gross premiums
6 Deduct reinsurance rebate abatement and
return premiums
672484 48
134142 18
7 Total premiums other than perpetual
II Interest on bonds and dividends on stocks
From all other sources Amount received from home office
5322900 received from adjusted and other salvages
etc account home office 2544993
538342 30
23101 72
36 Total income
78678 93
640122 95
IIIDISBURSEMENTS
1 Gross amount paid for losses including
15922736 occurring in previous years
2 Deduct amount received for salvage 18
41381 and for reinsurance in other com
panies 2849001
267156 05
46703 82
3 Net amount paid for losses
8 Commissions or brokerage
9 Salaries fees and all other charges of officers directors
trustees clerks agents and other employees
10 Rents
13 All other taxes licenses and insurance department fees
21 All other disbursements Office expenses stationery cable
grams postage inspection etc 1411430 amount remit
ted home office 16264500 bonds at book value trans
ferred to home office 10566000 claims appraisers
fees etc paid for account home office 754466
220252 23
62877 12
30792 53
5750 00
H533 58
38 Total disbursements
43 in
289963 96
624169 42
674
COMPTROLLERGENERALS REPORT
IVLEDGER ASSETS
4 Book value of bonds excluding interest 43139550 and
stocks 23721300
5 Cash in companys office 2739 deposited in National City
Bank 646498
6 Agents balances representing business written subsequent to
October I 1906
7 Agents balances representing business written prior to Oc
tober 1 1906
14 Total ledger assets
nonledger assets
16 Interest due 235000 and accrued 142915 on bonds
26 Gross assets
668608 50
6492 37
90551 61
349 07
766001 55
3779 15
769780 70
DEDUCT ASSETS NOT ADMITTED
30 Agents balances representing business writ
ten prior to October 1 1906 349 07
33 Depreciation from book value of ledger assets
to bring same to market value viz 668
60850 62532500 43283 50
36 Total
37 Total admitted assets
43632 57
726148 13
VLIABILITIES
1 Gross losses adjusted and unpaid 246 55
2 Gross claims for losses in process of adjust
ment or in suspense including all reported
and supposed losses 175775
4 Total
5 Deduct reinsurance due or accrued
176021 55
5850 00
6 Net amount of unpaid losses and claims
9 Gross premiums less reinsurance cash
and bills received and receivable upon all
unexpired inland navigation risks 31
70490 unearned premiums 50 per cent
10 Gross premiums less reinsurance cash
and bills received and receivable upon all
unexpired marine risks 7818650 un
earned premiums 100 per cent
12 Total unearned premiums
170171 55
15852 45
78186 50
94038 95COMPTROLLERGENERALS REPORT 675
19 Salaries rents expenses taxes bills accounts fees etc
due or accrued IS000
20 Commissions brokerage and other charges due or to become
due to agents and brokers 3923 41
21 Return premiums 13421600 reinsurance premiums 8
79039 10132 55
26 Total amount of all liabilities except capital 293266 46
27 Capital actually paid up in cash deposit capi
tal 300000 00
28 Surplus over all liabilities 132881 67
29 Surplus as regards policyholders 432881 7
30 Total liabilities 726148 13
Business in the State of Georgia during the year
Marine and
Inland Kisks
Risks written I3i8732 00
Gross premiums received 3107 20
Losses paid l8 69
Amount of risk 84309 00
TITLE GUARANTY AND SURETY COMPANY OF PENNSYLVANIA
L A Watres President D B Atherton Secretary
Home Office 516 Spruce Street Scranton Pa
ICAPITAL STOCK
i Amount of capital paid up in
cash 793000 00
2 Amount of ledger assets as per balance
December 31 of previous year I57I53 l3
3 Increase of paidup capital during the year
1900 surplus 285000 4750 00
Total i57628i 13
Less collateral deposits of December 31 1905 148930 27
Extended at M735o 86
IIINCOME
I Gross premiums unpaid December 21 last
year Surety 139427 75676 COMPTROLLERGENERALS REPORT
2 Gross premiums written and renewed during
the year Surety 63672054 title 1102
44 637822 98
3 Total 777250 73
4 Deduct gross premiums now in course of col
lection Surety 158402 64
5 Entire premiums collected during the year
Surety 61774565 title 110244 618848 09
6 Deduct reinsurance return premiums and
cancellations Surety 9732453 title 129 97453 53
18 Total net cash actually received for premiums
20 Interest on mortgage loans 12336 38
21 Interest on collateral loans 4540 82
22 Interest on bonds and dividends on stock 53490 72
24 Interest from all other sources 1166 70
25 Gross rents from companys property includ
ing 3000 for companys occupancy of its
own buildings 4200 00
26 Total interest and rents
27 Profit on sale or maturity of ledger assets Commissions on
sale of bonds
32 From all other sources Exchange account income on col
lections 5864 title search fees commissions etc 7
04257
38 Total income
THDISBURSEMENTS
1 Gross amount paid for lossessurety 4 161720 04
2 Deduct salvage and reinsurancesurety 37739 98
13 Total
14 Commissions or brokerage less amount received on return
premiums and reinsurance for the following classes
Surety
19 Stockholders for interest or dividends amount declared
during the year
20 Salaries fees and all other compensation of officers direc
tors trustees and home office employees
21 Salaries traveling and all other expenses of agents not paid
by commissions
24 Rents including 300000 for companys occupancy of its
own buildings
26 Taxes on real estate
27 All other taxes licenses and insurance department fees
521394 56
75734 62
2693 72
7101 21
606924 11
123980 06
146968 49
47560 00
35647 29
41006 37
5500 00
940 72
27802 69B
COMPTROLLERGENERALS REPORT 677
28 Legal expenses 8353 5
2g Advertising 1407 84
30 Printing and stationery 12229 01
31 Postage and express 12899 93
37 All other disbursements General expenses 2849957
premiums charged to profit and loss account 287673 31376 3
46 Total disbursements 495672 20
IVLEDGER ASSETS
1 Book value of real estate unincumbered 90000 00
2 Mortgage loans on real estate first liens I4534 96
3 Loans secured by pledge of bonds stocks or other collat
erals 83475 00
4 Book value of bonds excluding interest 1058532 14
5 Cash in companys office 834763 deposited in banks 57
25160 65599 23
6 Bills receivable 236 80
7 Other ledger assets viz Receivers certificate German
Bank Buffalo N Y 1736499 advanced on contracts
secured 7185965 89224 64
11 Ledger assets 1538602 77
NONLEDGER ASSETS
12 Interest accrued on mortgages 1334 67
13 Interest accrued on bonds 10813 20
19 Gross premiums in course of collection on renewals issued
subsequent to October I 1906surety 158402 64
37 Gross assets 1709153 28
DEDUCT ASSETS NOT ADMITTED
39 Bills receivable 11236 80
45 Book value of bonds over market value 7212 14
Total 18448 94
51 Admitted assets 1690704 34
VLIABILITIES
I Losses and claims
In process of adjustmentsurety 21337 89
Reported proofs not receivedsurety 21067 26
Resistedsurety 96797 30
Total 139202 45
678 COMPTROLLERGENERALS REPORT
12 Estimated expense of settlement 1000 00
18 Total unpaid claims and expenses of settlement 140202 45
19 Gross premiums less reinsurance upon all
unexpired risks running one year or less
from date of policy 60106890 unearned
premiums 50 per cent 300534 45
20 Gross premiums less reinsurance upon all
unexpired risks running more than one
year from date of policy 336769 un
earned premiums pro rata 1683 84
21 Total unearned premiums 302218 29
22 Commissions brokerage and other charges due or to become
due to agents or brokers on policies issued subsequent to
October I 1906 viz Surety 34848 62
31 Reinsurance 19008 15
34 Reserve for taxes 928 52
42 Total amount of all liabilities except capital 497206 03
43 Capital actually paid up in cash 793000 oo
44 Surplus over all liabilities 400498 31
45 Surplus as regards policyholders 1193498 31
46 Total liabilities 1690704 34
Business in the State of Georgia during the year
Z Surety
Gross premiums received on risks written or renewed during
the year 3534 63
TRAVELERS INSURANCE COMPANY OF CONNECTICUT
Sylvester C Dunham President Louis F Butler 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 9324706 25
Extended at 9324706 26
IIINCOME
5 Entire premiums collected during the year
Accident 308587547 health 311121
83 liability 465756134 8054558 64
COMPTROLLERGENERALS REPORT
67
6 Deduct reinsurance return premiums and
cancellations Accident i699939 health
2257436 liability 23478525 427353 52
18 Total net cash actually received for premiums 7627205 12
22 Interest on bonds and dividends on stock 410023 87
23 Interest on deposits 14697 26
24 Interest from all other sources 492 46
27 Profit on sale or maturity of ledger assets 5596 04
32 From all other sources Profit and loss 417 13
38 Total income 8168431 88
HIDISBURSEMENTS
1 Gross amount paid for losses Accident 1
17573176 health 11453881 liability
117522952 2465500 09
2 Deduct salvage and reinsurance Accident
1565192 health 291297 18564 89
3 Net amount paid policyholders for losses 2446935 20
4 Investigation and adjustment of claims 643394 98
14 Commissions or brokerage less amount received for return
premiums and reinsurance for the following classes Ac
cident 88368748 health 7072667 liability 98798385 1942398 00
19 Stockholders for interest or dividends amount declared
during the year 250000 00
20 Salaries fees and all other compensation of officers direc
tors trustees and home office employees 271465 72
21 Salaries traveling and all other expenses of agents not paid
by commissions 33323 oa
2li Salaries traveling and all other expenses of payroll au
ditors 6205806
22 Medical examiners fees and salaries 21050 24
23 Inspections other than medical 83906 52
24 Rents including 2437500 for companys occupancy of its
own buildings 83513 21
26 Taxes on capital stock 7o9io 00
27 All other taxes licenses and insurance department fees 114786 77
28 Legal expenses 4976 71
29 Advertising 38824 01
30 Printing and stationery 70592 00
31 Postage and express 47195 96
32 Furniture and fixtures 34802 43
37 All other disbursements Miscellaneous items 46680 24
46 Total disbursements 6566723 73680 COMPTROLLERGENERALS REPORT
IVLEDGER ASSETS
4 Book value of bonds excluding interest 698548163 and
book value of stocks 272853401 9714015 64
5 Cash in companys office 2848104 deposited in banks 1
i2333i6o 1151812 64
6 Bills receivable 14360 51
7 Other ledger assets viz Agents debit balances 46225 61
II Ledger assets 10926414 40
NONLEDGER ASSETS
13 Interest accrued on bonds 124604 47
18 Market value not including interest in item 13 of bonds
and stocks over book value 257821 86
37 Goss assets 11308840 73
DEDUCT ASSETS NOT ADMITTED
39 Bills receivable 14360 51
44 Book value of ledger assets over market
value viz Agents debit balances 46225 61
Total 60586 12
5r Admitted assets 11248254 61
VLIABILITIES
I Losses and claims
Adjustedaccident 23430 32
Tn process of adjustmentaccident 33400 00
Reported proofs not receivedaccident
18396650 health 2795500 211921 50
ResistedAccident 75419 25
15 Net unpaid claims except liability claims 344171 07
16 Special reserve for unpaid liability losses 3624805 85
18 Total unpaid claims and expenses of settlement 3968970 92
19 Gross premiums less reinsurance upon all
unexpired risks running one year or less
from date of policy 519697436 un
earned premiums 50 per cent 2598487 18
20 Gross premiums less reinsurance upon all
unexpired risks running more than one
year from date of policy 65391010 un
earned premiums pro rata 255041 79
21 Total unearned premiums 3252397 37fklr
COMPTROLLERGENERALS REPORT 681
26 Salaries rents expenses taxes bills accounts fees etc
j j 85000 00
due or accrued
42 Total amount of all liabilities except capital 7306374 29
43 Capital actually paid up in cash 1000000 00
44 Surplus over all liabilities 2941880 32
45 Surplus as regards policyholders 394i88o 32
46 Total liabilities 1124825461
Business in the State of Georgia during the year
Gross Premiums
Received on Risks Gross
Written or Re Losses
newed During Paid
the Year
Accident 54942 72 24572 22
Health 60I3 44 300832
Liability 24IO 8997 94
UNITED AMERICAN LIFE INSURANCE CO OF DELAWARE
F B Reeves Jr President John W Muir Secretary
Home Office 300302 Walnut Street Philadelphia Pa
Wm A Wright Atlanta Attorney for Service in Georgia
ICAPITAL STOCK
1 Amount of capital paid up in
cash o00 00
3 Increase of paidup capital during the year 100000 00
Extended at
100000 00
IIINCOME
1 Gross premiums written and renewed during
the yearaccident
2 Deduct gross premiums now in course of col
lectionaccident
3 Entire premiums collected during the year
accident
4 Deduct reinsurance return premiums and
cancellationsaccident
18 Total net cash actually received for premiums
11484 60
549 45
io93S 15
2629 75
8305 41682 COMPTROLLERGENERALS REPORT
22 Interest on bonds and dividends on stock 1003 13
25 Gross rents from companys property 957 46
26 Total interest and rents
32 From all other sources Mortgage loan purchase of com
panys building subject to mortgage 2500000 agents
fund 13000 surplus paid in by stockholders 4065000
life feature 96591
38 Total income
IIIDISBURSEMENTS
1 Gross amount paid for lossesaccident
14 Commissions or brokerage less amount received on return
premiums and reinsurance for the following class Acci
dent
20 Salaries for interest or dividends
22 Medical examiners fees and salaries
24 Rents
25 Repairs and expenses other than taxes on real estate
27 All other taxes licenses and insurance department fees
28 Legal expenses
29 Advertising
30 Printing and stationery
31 Postage and express
32 Furniture and fixtures
37 All other disbursements Life feature 56522 general ex
penses 267582
46 Total disbursements
ivledger assets
1 Book value of real estate unincumbered
4 Book value of bonds excluding interest
5 Cash in companys office 4880 deposited in banks 8
95088
11 Ledger assets
NONLEDGER ASSETS
13 Interest accrued on bonds
15 Interest accrued on other assets
19 Gross premiums in course of collection viz On policies or
renewals issued subsequent to October 1 1906accident
37 Gross assets
1960 59
66745 91
77oii 90
2714 62
4711 09
3796 30
19 00
745 79
240 65
471 50
107 75
108 50
3i68 73
370 56
1729 19
3241 04
21424 72
43000 00
103587 50
8999 68
155587 18
997 78
50 00
549 45
157184 41COMPTROLLERGENERALS REPORT
683
VLIABILITIES
I Losses and claims in process of adjustmentaccident
19 Gross premiums less reinsurance upon all unexpired risks
running one year or less from date of policy 341382
unearned premiums 50 per cent
22 Commissions brokerage and other charges due or to become
due to agents or brokers on policies issued subsequent to
October 1 1906 viz Accident
33 Other liabilities viz Life feature 47793 mortgage on
real estate 2500000
42 Total amount of all liability except capital
43 Capital actually paid up in cash 100000 00
44 Surplus over all liabilities 29444 44
45 Surplus as regards policyholders
362 83
1706 91
192 30
25477 93
27739 97
129444 44
46 Total liabilities
157184 41
UNION HEALTH AND ACCIDENT COMPANY
F S Moore President J S McCleery Secretary
Home Office 5761 Arapahoe Bldg Denver Colorado
J W Moore Atlanta Attorney for Service in Georgia
ICAPITAL STOCK
1 Amount of capital paid up in cash 100000 00
Extended at 10000000
IIINCOME
15 Reinsurance contract
38 Total income
IVLEDGER ASSETS
52622
1 Book value of real estate incumbered with insur
ance department of Alabama
2 Mortgage loans on real estate first liens
5 Cash in companys office 36405 deposited in banks
12030453
6 Bills receivable agents debit balances 21030 furni
ture and fixtures 100000
100000 00
30050 00
120668 58
1210 30684
COMPTROLLERGENERALS REPORT
7 Other ledger assets
9 Agents credit balances
11 Ledger assets
152928 88
306 00
152622 88
NONLEDGER ASSETS
12 Interest due 6500 and accrued 64155 on mort
gages
15 Interest accrued on other asset
16J Total interest and rents due and accrued
19 Gross premiums in course of collection viz
On policies or renewals issued prior to October 1
1906 Accident and health amount due within
60 days on insurance in force net 14908
amount in the hands of collectors net 143355
37 Gross assets
DEDUCT ASSETS NOT ADMITTED
40 Furniture and fixtures I000 00
41 Supplies printed matter and stationery
with receiver of Denver Savings
Bank I50S 56
43 Gross premiums m course of collection written prior
to October 1 1906 4
51 Admitted assets
VLIABILITIES
I Losses and claims
In process of adjustment Accident 720 05
Reported proofs not received Acci
dent
2677 95
15 Net unpaid claims
32 Advance premiums 100 per cent
42 Total amount of all liabilities except capital
43 Capital actually paid up in cash 100000 00
44 Surplus over all liabilities 48313 12
45 Surplus as regards policyholders
46 Total liabilities
7o6 55
3ii 65
1018 20
2924 40
156565 48
2505 56
154059 92
3398 00
2348 80
5746 80
148313 12
154059 92
COMPTROLLERGENERALS REPORT
685
UNITED STATES CASUALTY COMPANY OF NEW YORK
Benjamin E Tracy President Edson S Lott Secretary
Home Office 141 Broadway New York N Y
1CAPITAI STOCK
1 Amount of capital paid
up in cash 400000 00
2 Amount of ledger assets as per bal
ance December 31 of previous year 1839538 46
3 Increase of paidup capital during the
year 100000 00
Extended at 1939538 46
IIINCOME
Gross premiums unpaid December 31
last year Accident 3998156 health
1803977 liability 5195952 steam
boiler 481627 burglary and theft
192950 sprinkler 417257 work
mens collective 326674 124165 93
Gross premiums written and renewed
during the year Accident 70858776
health 24227260 liability 557
81580 steam boiler 5198601 bur
glary and theft 2650647 sprinkler
4179448 workmens collective 5
73io8 163469420
3 Total 1758860 13
4 Deduct gross premiums now in course
of collection Accident 4627767
health 2222821 liability 6096684
steam boiler 289117 burglary and
theft 251484 sprinkler 531568
workmens collective 41848 140612 89
5 Entire premiums collected during the
year Accident 70229165 health
23808416 liability 54880898 steam
boiler 5391111 burglary and theft
2592113 sprinkler 4065137 work
mens collective 857934
6 Deduct reinsurance return premiums
and cancellations Accident 179
1618247 24686
COMPTROLLERGENERALS REPORT
64520 health 8096477 liability
13560898 steam boiler 1660153
burglary and theft 397845 sprink
ler 972036 workmens collective
20120 426720 40
18 Total net cash actually received for premiums
21 Interest on bonds and dividends on stock
22 Interest on deposits
1191526 75
65924 52
977 59
36 Total income 1258428 86
IIIDISBURSEMENTS

1 Gross amount paid for losses Accident
19949039 health 6093701 liability
15669867 steam boiler 1621950
burglary and theft 890226 sprink
ler 479952 workmens collective
389045 450937 80
2 Deduct salvage and reinsurance Acci
dent 534993 steam boiler 2416
burglary and theft 11500 sprinkler
46739 5956 48
3 Net amount paid policyholders for losses 444981 32
14 Investigation and adjustment of claims including legal
and other expenses in defense of suits against policy
holders viz Accident 375943 health 56538
liability 2886589 steam boiler 65659 burglary
and theft 9400 sprinkler 8700 workmens col
lective 17120 34199 49
18 Commissions or brokerage less amount received on
return premiums and reinsurance for the following
classes Accident 16111234 health 4666186
liability 10320736 steam boiler 982606 burg
lary and theft 581957 sprinkler 801490 work
mens collective 223502 336877 11
22 Stockholders for interest or dividends amount de
clared during the year 3250000 22500 00
23 Salaries fees and all other compensation of officers
and home office employees 95701 42
24 Salaries traveling and all other expenses of agents not
paid by commissions 37715 54
26 Inspections other than medical 18594 09
27 Rents 14618 02
29 Taxes on real estate 230 30
30 All other taxes licenses and insurance department
fees 24379 41COMPTROLLERGENERALS REPORT
687
31 Legal expenses not included in No 14 96 20
32 Advertising 175 00
33 Printing and stationery 22355 42
34 Postage and express 7647 OS
35 Furniture and fixtures 3004 17
36 Loss on sale or maturity of ledger assets Loss on
sale of United States government 2 per cent bonds 1425 08
40 All other disbursements Telegraphs and telephone
109947 miscellaneous 1629556 profit and loss
premiums uncollectable 19410 annulment of
contract with Premium Reserve company 194
70500 212294 13
45 Total disbursements 1278368 75
IVLEDGER ASSETS
1 Book value of real estate unincumbered 5000 00
2 Mortgage loans on real estate first liens 100000 00
4 Book value of bonds excluding interest 1106
34961 and book value of stocks 64226250 1748612 11
5 Cash in companys office 1832189 deposited in
banks 4629884 64620 73
6 Bills receivable 1365 73
i 1 Ledger assets 1919598 57

NONLEDGER ASSETS
13 Interest accrued on bonds and dividends accrued on
stocks 18728 02
19 Gross premiums in course of collection viz
On policies or renewals issued subse
quent to October 1 1906 Accident
4584643 health 2212696 liability
6033427 steam boiler 289117
burglary and theft 251484 sprink
ler 531568 workmens collective
41848 139447 83
On policies or renewals issued prior to
October I 1906 Accident 43124
health 10125 liability 63257 116506
33 Total 140612 89
37 Gross assets 2078939 48
DEDUCT ASSETS NOT ADMITTED
39 Bills receivable 1365 73688
COMPTROLLERGENERALS REPORT
43 Gross premiums in course of collection
prior to October I 1906 1165 6
44 Book value of ledger assets over market
value 137446 27
Total 139977 06
51 Admitted assets 1938962 42
vLIABILITIES
I Losses and claims
In process of adjustment Accident
2366000 health 604200 steam
boiler 10000 burglary and theft
12500 sprinkler 20000 workmens
collective 80500
Resisted Accident 893000 health
79800
Estimated expenses incident to the set
tlement of unpaid claims Accident
171000 health 36000 sprinkler
3000 workmens collective 7000
13 Total
16 Special reserve for unpaid liability losses
30932 00
9728 00
2170 00
42830 00
220106 30
17 Total unpaid claims and expenses of settlement
18 Gross premiums less reinsurance up
on all unexpired risks running one
year or less from date of policy 1
06777058 unearned premiums 50
per cent
19 Gross premiums less reinsurance up
on all unexpired risks running more
than one year from date of policy
11375222 unearned premiums pro
rata
262936 30
533885 29
61008 47
20 Total unearned premiums
21 Commissions brokerage and other charges due or to
become due to agents or brokers on policies issued
subsequent to October 1 1906 viz Accident 11
46161 health 553174 liability 1508357 steam
boiler 72279 burglary and theft 62871 sprink
ler 132892 workmens collective 10462
25 Salaries rents expenses taxes bills accounts fees
etc due or accrued and contingency fund
594893 76
34861 96
29337 06sJflJjr

COMPTROLLERGENERALS REPORT
69
26 Dividends due stockholders that is declared but not
paid
30 Reinsurance
40 Total amount of all liabilities except capital
41 Capital actually paid up in cash 400000 00
42 Surplus over all liabilities 600000 00
43 Surplus as regards policyholders
44 Total liabilities
10000 00
6933 34
938962 42
1000000 00
1938962 42
Business in the State of Georgia during the year
Accident
Health
Liability
Steam boiler
Burglary
Sprinkler
Workmens collective
Gross Premiums Received on Risks Written or Renewed During the Year GrrSS Losses Paid Gross Losses Incurred
19488 97 6721 63 6721 63
10626 62 S29i 99 5291 99
21621 98 9778 58 9778 58
1484 97 9311 60 9311 60
350 00 25 29 25 29
292 50
I79 53 830 55 830 55
UNITED STATES FIDELITY AND GUARANTY COMPANY
John R Bland President Geo R Callis Secretary
Home Office German Calvert and Mercer Streets
Baltimore Md
ICAPITAL STOCK
Amount of capital paid
up in cash 1700000 00
2 Amount of ledger assets as per bal
ance December 31 of previous year 3109248 09
Extended at 3109248 09
ITINCOME
As shown by the bonks of the home office at close f business Decem
ber 31 1906
Gross premiums unpaid December 3r
last year Fidelity and surety 370
22622 burglary and theft 6370742 433933 64
Gross premiums written and renewed
it in690
COMPTROLLERGENERALS REPORT
during the year Fidelity and surety
236105324 burglary and theft 407
04377
2768097 01
3 Total 3202030 65
4 Deduct gross premiums now in course
of collection Fidelity and surety
3i4iSS2o burglary and theft 52
O3305 36618825
5 Entire premiums collected during the
year Fidelity and surety 2417
12426 burglary and theft 41871814 2835842 40
6 Deduct reinsurance return premiums
and cancellations 32771326 burg
lary and theft 12435261 452065 87
18 Total net cash actually received for premiums 2383776 53
20 Interest on mortgage loans 478 47
21 Interest on collateral loans 3839 32
22 Interest on bonds and dividends on
stock 70489 19
23 Interest on deposits 4886 60
24 Interest from all other sources 1888
25 Gross rents from companys property
including 1888888 for companys
occupancy of its own buildings 32516 03
26 Total interest and rents
27 Profit on sale or maturity of ledger assets Milwaukee
real estate
32 From all other sources Department of guaranteed
attorneys
112228 49
825 35
36404 25
38 Total income 253323462
IIIDISBURSEMENTS
As shown by the books at the home office at the close of business
December 31 1906
1 Amount paid for losses Fidelity and
surety 95614279 burglary and theft
11849991 1074642 70
2 Deduct salvage and reinsurance Fidel
ity and surety 26666757 burglary
and theft 548056 272148 13
3 Net amount paid policyholders for
losses Fidelity and surety 689
47222 burglary and theft 11301935 802494 57iWlgW
COMPTROLLERGENERALS REPORT
691
4 Investigation and adjustment of claims
Fidelity and surety 7029931 bur
glary and theft 831176
13
14
19
23
24
25
26
27
28
29
30
31
32
33
78611 07
40
Total 88110564
Commissions or brokerage less amount received on
return premiums and reinsurance for the following
classes Surety and fidelity 40424406 burglary
and theft 8243077 486674 83
Stockholders for interest or dividends amount de
clared during the year 119000 00
Salaries fees and all other compensation of officers
directors trustees and home office employees 184308 80
Salaries traveling and all other expenses of agents not
paid by commissions 215395 93
Inspections other than medical 7643 02
Rents including 1888888 for companys occupancy
of its own buildings 49943 56
Repairs and expenses other than taxes on real estate 8162 07
Taxes on real estate 9777 28
All other taxes licenses and insurance department
fees 54692 99
Legal expenses 22156 82
Advertising 23114 75
Printing and stationery 35270 80
Postage and express 32475 55
Furniture and fixtures 10763 20
Loss on sale or maturity of ledger assets 220 shares
Y N H H R R stock sold 634911 42
73000 State of Maryland 3 per cent bonds sold
59660 loan Belvedere Building company 5
09773 1500000 State of Alabama 5 per cent bonds
matured 176250 1000000 City of Norfolk Va
4 per cent bonds sold 2500 real estate sold 5
48650 19317 44
All other disbursements Telegrams and telephone
1521857 traveling expenses 598341 incidentals
development etc 4411204 6531402
46 Total disbursements 222511670
IVLEDGER ASSETS
As shown by the books at the home office at the close of business
December 31 1906
1 Book value of real estate unincumbered 521642 34
2 Mortgage loans on real estate first liens 13200 00
3 Loans secured by pledge of bonds stocks or other
collaterals 138415 00692
COMPTROLLERGENERALS REPORT
4 Book value of bonds excluding interest 200066599
and book value of stocks 7535900 2076024 gee
5 Cash and checks in companys office 5264767 depos
ited in banks 57333721 625984 88
8 Due for subscriptions department guaranteed at
torneys 4209880
11 Ledger assets 341736601
NONLEDGER ASSETS
12 Interest due and accrued on mortgages 75 21
13 Interest due and accrued on bonds 24961 18
14 Interest due and accrued on collateral loans 778 22
15 Interest due and accrued on other assets 93966
16 Rents due and accrued on companys property or
lease Kg 1 67
19 Gross premiums in course of collection viz
On policies or renewals issued subse
quent to October 1 1906 Fidelity
and surety 29305182 burglary and
theft 5065432 343706 14
On policies or renewals issued prior to
October I 1906 Fidelity and surety
2110338 burglary and theft 1
37873 482 n
33 Total 306l88 J3
37 Gross assets 38liSoo 20
DEDUCT ASSETS NOT admitted
43 Gross premiums in course of collec
tion written prior to October 1 1906 22482 11
44 Rook value of ledger assets over mar
ket value viz Stocks and bonds 83425 33
50 Total
105907 44
VLIABILITIES
i Losses and claims
In process of adjustment Fidelity
and surety 13418544 burglary and
theft 560000 i39785 44
Resisted Fidelity and surety 253
09900 burglary and theft 875000 26184900
17 Total unpaid claims and expenses of settlement 401634 44COMPTROLLERGENERALS REPORT
693
18 Gross premiums less reinsurance up
on all unexpired risks running one
year or less from date of policy 2
18022765 unearned premiums 50 per
cent 109011383
19 Gross premiums less reinsurance up
on all unexpired risks running more
than one year from date of policy
15344654 unearned premiums pro
rata 82435 13
20 Total unearned premiums 1172548 96
21 Commissions brokerage and other charges due or to
become due to agents or brokeers on policies issued
subsequent to October I 1906 viz Fidelity and
surety 6154088 burglary and theft 1266358 7420446
30 Reinsurance 1367 69
41 Total amount of all liabilities except capital 1649755 55
42 Capital actually paid up in cash 1700000 00
43 Surplus over all liabilities 355837 21
44 Surplus as regards policyholders 2055837 21
45 Total liabilities 3705592 76
Business in the State of Georgia during the year
Gross premiums received on risks written
or renewed during the year
Gross losses paid
Fidelity
and Surety
Burglary
and Theft
34912 59 2025 80
5145 73 128 83
UNITED STATES HEALTH AND ACCIDENT INSURANCE COM
PANY OF MICHIGAN
J B Pitcher President J M Pitcher Secretary
Home Office No 130 North Washington Avenue
Saginaw Mich
1CAPITAL STOCK
t Amount of capital paid
up in cash 30000000
2 Amount of ledger assets as per bal
ance December 31 of previous year 515755 01
Extended at 515755 01694
COMPTROLLERGENERALS REPORT
IIINCOME
i Gross premiums unpaid December 31
last year paid accident and health 5922 45
2 Gross premiums written and renewed
during the year accident and health 803952 01
3 Total 809874 46
4 Deduct gross premiums now in course
of collection I3547 7
5 Entire premiums collected during the
year 796326 71
6 Deduct reinsurance return premiums
and cancellations 4 656 00
18 Net cash actually received for premiums
19 Interest on mortgage loans
21 Interest on bonds and dividends on stock
22 Interest from all other sources
25 Profit on sale or maturity of ledger assets Norfolk
Western R R stock
30 From all other sources Fees account change of
policies 53070 collateral loans 15000
36 Total income
791670 7
1215 63
t4533 n
i997 89
494 40
680 07
810591 81
IIIDISBURSEMENTS
i Gross amount paid for losses Accident and health
14 Investigation and adjustment of claims including legal
and other expenses in defense of suits against policy
holders viz Accident and health
18 Commissions or brokerage less amount received on
return premiums and reinsurance for the following
classes Accident and health
22 Stockholders for interest or dividends amount de
clared 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
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
32 Advertising
33 Printing and stationery
34 Postage and express
374719 94
2527 02
182269 02
34000 00
42632 76
16981 62
4320 85
15060 49
17064 56
466 02
2097 3
7801 00
13026 21
COMPTROLLERGENERALS REPORT 695
35 Furniture and fixtures 990 07
40 All other disbursements General expenses 288506
office supplies 50992 agents balances 17258
premium on bonds 304955 66l7 JI
45 Total disbursements
720574 05
IVLEDGER ASSETS
2 Mortgage loans on real estate first liens
4 Book value of bonds excluding interest
5 Cash in companys office 88500 deposited inbanks
11630912
11 Ledger assets
35050 00
453528 65
117194 12
605772 77
NUNLEDGER 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
1906 Accident and health
657 03
5926 42
13547 75
37 Gross assets 625903 97
DEDUCT ASSETS NOT ADMITTED
44 Book value of ledger assets over market value viz
Bonds
51 Admitted assets
9769 50
616134 47
VLIABILITIES
I Losses and claims
In process of adjustment
Reported proofs not received
Resisted
2276 45
47440 00
4665 00
17 Total unpaid claims 543i 45
18 Gross premiums less reinsurance upon all unexpired
risks running one year or less from date of policy
5655923 unearned premiums 50 per cent 2827961
21 Commissions brokerage and other charges due or to
become due to agents or brokers on policies issued
subsequent to October 1 1906 viz Accident and
health 360 23
25 Salaries rents expenses taxes bills accounts fees
etc due or accrued S02 25196
COMPTROLLERGENERALS REPORT
30 Reinsurance
31 All other liabilities viz Suspense tax account taxes
on 1906 premiums
43 Surplus as regards policyholders
44 Total liabilities
Business in the State of Georgia during the year
Gross premiums received on risks written or renewed
during the year
Gross losses paid
Gross losses incurred

2426 10
13765 00
40 Total amount of all liabilities except capital 112714 64
41 Capital actually paid up in cash 300000 00
42 Surplus over all liabilities 203419 83
503419 83
616134 47
Accident
and Health
21729 18
14520 01
15406 90
UNITED SURETY COMPANY OF MARYLAND
Henry G Penniman President Robert A Dobbin Jr Secretary
Home Office No 75 South Street Baltimore Md
ICAPITAL STOCK
1 Amount of capital paid
up in cash 50000000
Amount of ledger assets as per bal
ance December 31 of previous year 502350 00
3 Increase of paid up capital during the
year
Extended at
IIINCOME
i Gross premiums written and renewed
during the year Fidelity 1695526
surety 16626097 burglary and theft
2731350
2 Deduct gross premiums now in course
of collection Fidelity 408655 sure
ty 2012061 burglary and theft 6
60046
165100 00
667450 00
210529 77
30807 62
3 Fntire premiums collected during the
COMPTROLLERGENERALS REPORT
697
year Fidelity 1280871 surety
14614036 burglary and theft 20
71304 179722 11
4 Deduct reinsurance return premiums
and cancellations Fidelity 129554
surety 792072 burglary and theft
495488 14I7I 14
18 Total net cash actually received for premiums 165550 97
21 Interest on bonds and dividends on stock 700000
22 Interest from all other sources 1300 31
23 Gross rents from companys property including 10
00000 for companys own oocupancy 4342 76
30 From all other sources Paid in surplus 82550 00
32 Increase in ledger assets omitted December 31 1905 14679 53
36 Total income 285423 57
III DISBURSEMENTS
1 Gross amount paid for losses Fidelity
108972 surety 2061576 bur
glary and theft 143298 2313846
2 Deduct salvage and reinsurance Fi
delity 9573 surety 822015 bur
glary and theft 1543 8331 31
14
18
13
24
27
28
29
30
3
32
33
Total 48o7 IS
Investigation and adjustment of claims including legal
and other expenses in defense of suits against policy
holders viz Surety 1500 burglary and theft
9930 114 30
Commissions or brokerage less amount received on re
turn premiums and reinsurance for the following
classes Fidelity 280091 surety 3419608 bur
glary and theft 497272 4i9 71
Salaries fees and all other compensation of officers
and home office employees 13031 45
Salaries traveling and all other expenses of agents not
paid by commissions 5295r 59
Rents 040 97
Repairs and expenses other than taxes on real es
tate 7153 68
Taxes on real estate 3928 79
All other taxes licenses and insurance department
fees 776i 93
Legal expenses not included in No 14 14118 26
Advertising 5568 25
Printing and stationery 18875 10698
COMPTROLLERGENERALS REPORT
34 Postage and express
35 Furniture and fixtures
37 Decrease in book value of Balto City Dock stock
40 All other disbursements Telephones and telegrams
129040 organization 1329076 traveling expenses
1055090 general expenses 693492 interest and
discount paid 703457
3045 16
14566 75
9000 00
39101 55
45 Total disbursements
286034 64
IVIEDGKR assets
1 Hook value of real estate unincumbered
4 Book value of stocks
5 Cash in companys office 74557 deposited in banks
17853021
6 Bills receivable
8 Other ledger assets Due from individuals and cor
porations 879420 due from national bank 8
00000 Windsor Trust Co proportionate interest in
special deposit to credit of committee in charge of
excise bond syndicate 1076895
34 Other nonledger assets
count
Open reinsurance ac
Total
51 Admitted assets
250000 00
207000 00
179275 78
3000 00
27563 i
11 Ledger assets 666838 93
NONLEDGER assets
19 Gross premiums in course of collection viz
On policies or renewals issued subse
quent to October 1 1906 Fidelity
312831 surety 976862 burglary
and theft 556674 846367
On policies or renewals issued prior to
October 1 1906 Fidelity 95824
surety 1035199 burglary and theft
I3372 12343 95
53968 55
37 Gross assets 7si6l5 I
DEDUCT ASSETS NOT ADMITTED
39 Bills receivable 3000 00
42 Loans on personal socurity endorsed
r not 8794 20
43 Gross premiums in course of collection
written prior to October 1 1234395
24138 15
727476 95
COMPTROLLERGENERALS REPORT
69
LIABILITIES
Losses and claims
Adjusted Fidelity 40884
In process of adjustment Fidelity
33803 surety 144097 1779 00
Reported proofs not received Fidelity
128400 burglary and theft 43100 1715 00
17
18
Total unpaid claims
Gross premiums less reinsurance
upon all unexpired risks running one
year or less from date of policy 180
51032 unearned premiums 50 per
cent 90255 16
Gross premiums less reinsurance
upon all unexpired risks running more
than one year from date of policy
359209 unearned premiums pro
rata 2993 40
20 Total unearned premiums
2i Commissions brokerage and other charges due or to
become due to agents or brokers on policies issued
subsequent to October 1 1906 Fidelity 78208
surety 244215 burglary and theft 139169
29 Return premiums
30 Reinsurance
40 Total amount of all liabilities except capital
41 Capital actually paid up in cash 500000 00
42 Surplus over all liabilities 121481 07
43 Surplus as regards policyholders
44 Total liabilities
Business in the State of Georgia during the year
Gross premiums received on
risks written or renewed
during the year
Fidelity
Surety
3902 84
93248 56
46i5 92
3101 92
1126 64
105995 88
621481 07
727476 95
Buriflary
and Theft
708 85 I66l 76
307 49
TABLE No 1
Showing Business Done by Fire Insurance Companies in this State for the Year ending April 30 1907
c
to
NAME OF COMPANY
AdirondackFire
Agricultural
Alliance
jEtna
American Central
American
Athens Mutual
Atlas
Atlanta Home
Boton
British America
Caledonian
Citizens
Chtrokee Mutual
Commercial Union
Continental
Connecticut
Cosmopolitan
Dixie
Eagle
Equitable
Fidelity
Fire Association t
Firemens Fund
Firemans
Florida Home
Georgi i Home
Georgia
German Alliance
German American
Germaiia
Girard
Glens Falls
Globe Rutgers
HamburgBremen
STATE
Amount of
Insurance
written
during
the year
Old busi
ness of pre
vious years
now in
force
New York N Y
Watertown N Y
Philadelphia Pa
Hartford Conn
St Louis Mo
Niwatk N J
Athens Ga
London Eng N Y
Atlanta Ga
Boston Mass
Toronto Can da
Edinburgh Scotland
St Louis Mo
Canton ia
London Eng tfc N Y
New York N Y
Hartford Conn
New York N Y
Greensboro N C
New York N Y
Charston S C
New York N Y
Philadelpi i Pa
an Franci co Cal
Newark N J
Marianna Fla
Columbus Ga
Cedartown Ga
New York N Y
New York N Y
New York NY
Philadelphia Pa
New York N Y
New York N Y
Germany N Y
1632
1304
17122
2628
862
1467
1942
3603
52
2020
1099
2444
295 00
612 00
786 00
990 00
237 00
182 50
327 00
042 00
072 00
964 00
303 00
672 00
9608505 00
9373703 00
1488400 00
95380 00
1605564 00
751165 00
5762472 00
1187465 00
14950 00
4945892 00
154802 00
768002 00
3706676 00
139450 00
3744049 00
732835 00
1405770 CO
553743 00
237224 00
Total Pre
rni ims col
lected on old
and new
business
Losses
paid
Losses
unpaid
Fees from
January 1
1907 to
January 1
1938
26047 72
15912 36
259922 86
42753 22
1659 84
33888 28
3324 06
62580 23
9903 90
29661 87
1873 i
47053 91
10297 31
168024 34
26789 84
18587 45
17520 36
11383 31
80308 76
99454 00
17554 49
284 64
79042 06
29521 07
119872 30
69848 10
2357 94
64367 86
15198 37
23814 01
9299 89
8917 75
20132 67
13477 54
11652 19
7295 18
15123 87
21478 98
1890 17
12686 63
19559 42
27627 97
47480 19
37499 84
19607 75
933 58
5803 38
693 10
53975 92
68980 10
2555 94
46012 63
26581 17
62805 11
23275 97
19510 51
1035 90
17024 69
21 62
10 00
10591 90
8017 31
2700 00
4088 75
258S 50
853 36
2510 00
616 34
4410 57
12907 00
2739 55
51 25
3005 00
4012 57
3012 78
965 00
309 11
10251 92
775 00
300 00
10 00
Tax on
Premiums
34 40
39 60
80 40
485 60
156
111 20
96 80
111 20
276 80
34 40
125 60
111 20
179 20
34 40
207 20
360 80
6S 00
94 40
92 00
188 00
101 60
154 40
348 81
370 4i
44 00
128 00
33 00
214 40
164 00
449 60
180 80
39 21
178 40
53 60
87 20
Total Fees
and Tax
260 47
2599 22 427 53 165 39
338 88
332 84

99 04 296 62
187 30
470 53
1052 97
1680 24 67 89

185 87 175 20
113 83
803 09
991 54
175 54 2 85
790 42

295 21
1198 72 598 48
23 57
543 67 151 98
238 14
n
o
Tj
J
fa
o
r
w
fa
i
a
w
w
fa

in
f0
W
o
SOHanover
Hartford
Hume
I is Co of N A
Jefferson
Liverpool London Globe
Liverpool London Globe
London Assu ance
Londonand Lane shire
Lumber
Lumber Mutual
Mercantile Mutual
Michigan Commercial
Milwaukee Mechanics
Nat o al
New Hampshire
National Union
Niagara
Norwich Union
North British ec Mercantile
Northern Assurance
North River
Notth Slate
Orient
Palatine
Pennsylvania
Phoenix Assurance
Phoenix
Phoenix
Queen
Rochester German
Royal
Royal Exchange
Scottish Union Natl
Shawm e
Southern
Southern
Southern Mutual
Springfield
St Paul
Sun Ins Office
Sun
Union Assurance
United Firemen
United States Lloyds
irginia State
Western Assurance
We Chester
Williansburgh City
Total
New York NY
Hartford Conn
New Yo kN Y
Philadelphia Pa
Philadelphia fa
Eng A N Orlns La
New York N Y
Eng New York
Eng ec New York
New York NY
Biston Mfss
Providence R I
Lansing Mich
Mil1 aukee Wis
Hartf rd Conn
Manchester N H
Pittbuigh Pa
New York N Y
Eng A New Yoi k
Eng New York
Eng A New York
New Yok N Y
Greensboro N C
Hanlord Conn
Eng A New Yrk
Philadelphia Pa
Eng New York
ew York N Y
Hartford Conn
New Yo k N Y
liochester N Y
Eng A Louisville Ky
Eng New York
Scotland V Hartford
Topeka Kan
Lynchburgh Va
New Orleans La
Athens Ga
Sprmgfied Mass
St Paul Minn
Eng A New York
New Orb ans La
Eng New York
Philadelphia P
New York N Y
Kichmond Va
Toronto Canada
New York N Y
New York N Y
3192
24157
199i6
32757
966
14401
1114
1240
5335
157
332 46
049 00
599 00
646 00
871 00
392 00
129 00
984 00
452 00
033 33
1198373 00
319145 00
1162230 00
578630 00
3064793 00
2865
6748
5785
5210
1222
56
1954
2819
6773
3155
12963
5675
6912
3354
6960
734
4523
416 00
765 47
419 00
416 00
475 00
850 00
423 00
685 00
531 00
518 00
136 00
095 00
681 00
595 00
099 89
2i0 00
195 00
14500 00
200075 00
33120 407 00
3745258 00
357239 00
3302133 00
3179783 00
2128489 00
624421 00
1121437 00
4052123 11
346626 00
2336601 00
2206 031 00
3507 96
292213 77
198866 52
217616 33
13520 45
258759 01
15168 22
18318 49
58 lt6 90
5673 82
8501 55
4759 41
15035 26
61300 75
38900 39
23627 96
29837 92
64402 93
58336 59
51295 00
25663 05
1077 78
29170
49251 48
67735 31
303i3 67
222431 28
8340 51
130984
35 17 33
103462 24
10323 93
43971 22
23 09
4192 41
323422 63
56503 32
56601 84
44201 09
61507 94
14249 87
5244 21
22952 89
43412 92
45947 14
40157 60
21714 73
125494 21
144259 21
1 2425 25
1407 10
139197 89
14806 46
10280
49403 47
489 52
1S26 82
19 84
7230
36081 80
25052 74
6687 8l
17087 09
45921 73
15254 73
25149 53
9980 42
41 25
17979 42
30303 41
38966 61
16050 23
139215 46
31606 27
66485 36
15875 39
55351 31
1077 86
22500 64
81582 73
295ii6 74
27942 62
20489 41
33814 53
3931 13
7564 17
7104 69
30594 60
20081 91
111B 33
5602 29
22127 50
26248 77
7585 00
823 30
35189 77
4597 96
1124 00
958 00
8569 56
1050 00
2344 25
4074 19
8910 15
335 20
2040 25
1365 00
64 25
1175 00
4439 00
1900 00
10460 36
9766 00
10 00
ll75o 00
3820 52
300 00
8 50
137 9j
18 25
550 00
2136 50
150 00
344113493 76 3288251 CO 4477407 90 2378900 43 254353 30
142 40
802 0
346 40
432 70
178 40
521 40
48 80
87 20
185 60
34 40
34 40
34 40
87 20
68 00
171 20
130 40
124 80
94 40
277 70
228 80
118 40
53 60
39 20
94 40
118 40
245 60
89 60
423 20
363 20
320 00
113 60
291 20
95 20
195 20
46 40
44 00
8 20
120 80
147 20
238 40
89 60
228 80
96 80
65 60
34 40
173 60
154 40
207 20
197 60
355 08
2922 13
1988 67
2176 16
135 20
2587 59
151 68
183 18
681 67
66 74
85 01
47 59
150 35
613 00
89 00
236 28
298
644 03
583 37
512 95
256 63
10 77
291 71
492 51
677 35
303 73
2224 31
834 10
1309 84
355 17
1034 62
103 23
439 71
3 23
41 92
3234 22
565 03
566 02
442 01
615 07
142 60
52 44
229 52
434 13
459 47
401 57
o
o
g
73
C
K
73
6
Z
fr
73

73
i3
14408 20 45473 82 59882 02TABLE No 2
Showing Business Done by Old Line Life Insurance Companies in this State for the
Year Ending April 30 1907

4
NAME OF COMPANY
American National Life
Aetna
American National ti
Citizens
Columbian National gi
Connecticut Mutual lt
Des Moines
Equitable
Fidelity Mutual
Franklin
Germania
Great Western
Greensboro
Guarantee
Hartford
Home Life
1 inois
Indiana National
Life Insurance Co of Va
Louisiana National
Manhattan
Maryland
Massachusetts Mutual
Meridian
Metropolitan
Michigan Mutual
Missouri Stae
Mutual Benefit
Mutual
Mutual Reserve
National
state
Galveston Texas
Hartford Conn
Lynchburg Va
Louisville Ky
Boton Mass
Hartford Conn
Des Moines Iuwa
New York N Y
Philadelphia Pa
Springfield 111
New York N Y
Kansas City Mo
Greensboro N C
Houston Texas
Hart ord Conn
New York N Y
Chicago 111
Indianapolis Ind
Richmond Va
New Orleans La
New YorV N Y
Baltimore Md
Spring eld Ma s
Indianapi lis Ind
New York NY
Detroit Mich
St Louis Mo
Newark N J
New York N Y
New York N Y
Chicago Ill
Amount of
Insurance
written during
the year
1457998 00
528612 00
61000 00
512 930 00
476250 00
583500 00
339500 00
Old Business of
previous years
now in force
4723906 00
2000 00
173416 00
242000 00
1664388 00
286000 00
40 000 00
9J6727 00
572800 00
6831842 00
990658 98
157500 00
1916500 00
1421563 00
671000 00
451500 00
165000 00
1358472 00
13490610 00
8042074 00
2390037 00
691836 00
Total PremI
mms collect
ed on Old
and New
Business
752850 00
1323743 00
l0r0707 00
687414 00
270746 00
481000 00
5554311 00
10050 00i
12950401 001
898209 02
330656 00
8688622 00
23243987 00
2465674 00
996665 98
32805 09
18848 82
47264 34
510296 90
96866 5
86322 68
39550 V
59209 2E
40226 60
39729 8ri
60702 61
94226 41
14948 38
2604R 61
21822 71
540335 11
53904 48
12993 35
350222 73
915312 66
125230 00
40890 21
Losses
Paid
8000 00
12743 00
Losses
Unpaid
20000 or
23610 21
8360 00
8178 9
67809 00
3250 00
48797 00
5000 00
153 332 6b
8321 14
13330 97
113308 99
520188 14
52350 98
11033 00
40000 00
2500 00
7000 CO
250789 99
54558 00
19413 31 2008 31
9819 0
Fees from
Jan 1 1907
to
Jan 11908
2000 00
lc66 001
22000 00
2000 oo
1267 25
10999 99
17115 00
24000 00
24 40
108 80
34 40
58 40
39 20
36 80
34 40
58 40
46 40
32 00
46 4u
44 00
32 00
32 00
34 40
36 80
36 80
144 80
61 60
51 20
36 80
65 6
68 00
435 20
34 40
34 40
202 4u
51 20
84 80
44 00
Tax
on
Premiums
Total
Fees
anu
Taxes
1879 57
305 09
188 49
472 64
5102 97
968 67
868 23
395 50
592 09
402 27
397 29
607 03
942 26
149 48
2609 44
28 23
5403 35
539 14
129 93
3502 23
9153 13
1252 30
108 90
O
O
t
V
O
w
pp
6
w
m
SO

r
tjn
K
hd
O
70
3National Accident and
National
New York
New England Mutual
Northwestern Mutual
Old Colony
Pacific Mutual
Philadelphia
Pittsburgh
Penn Mutual
Phoenix Mutual
Provident Savings
Prudential
Reliance
Reserve Loan
Rome Industrial
Security Life and Annuity
Security Life and Annuity
Security Mutual
State Mutual
Southern States
Southern States Mutual
Sun
Southern
State
State Mutual
South Atlantic
Travelers
Union Central
Union Mutual
Volunteer State
Washington
Total
Nashville Tenn
Montnelier Vt
New York N Y
Boston Mass
Milwaukee Wis
Chicago 111
San Francisco Cal
Philadelphia Pa
Pittsburgh Pa
Philadelphia Pa
Hartford Conn
New York N Y
Newark N J
Pittsburgh Pa
Indianapolis Ind
Rome Ga
Chicago Ill
Greensboro N C
Binghamton N Y
Rome Ga
Montgomery Ala
Charleston W Va
Montreal Canada
Fayetteville N C
Indianapolis Ind
Worcester Mass
Richmond Va
Hartford Conn
Cincinnati O
Portland Md
Chattanooga Tenn
New York N Y
1400750 00
2102113 00
808696 00
1899 BOO 00
419000 CO
5102243 00
306500 00
516921 00
1307834 00
512000 00
384490 00
8000 00
554000 00
254604 00
7266334 00
2668000 00
925000 00
414500 00
1461000 00
317500 00
252460 00
1622740 00
196987 52
326500 00
13578 00
51421655 50
1831975 00
21263268 00
1812056 00
15008680 00
997051 00
22177681 00
1363400 00
3439470 00
8766013 00
434300 00
224170 00
2331722 44
1820200 00
2179500 00
4023023 00
874600 00
4591069 00
6541764 00
311850 79
189000 00
680037 00
92560 58
783290 19
90867 01
449564 29
45347 94
812340 42
62292 19
122326 38
356100 01
44324 48
62942 23
32 39
19679 82
66815 85
311528 78
103422 56
85449 41
15842 98
164776 46
36293 55
189494 08
288616 47
18238 451
10833 681
25227 56i
40661 00
371988 93
26669 00
222238 00
13163 00
205133 00
25107 60
35700 00
89470 43
10500 00
6000 00
28777 14
35964 00
1 00 00
7635 00
39830 53
12250 00
34747 37
78263 00
1000 00
6869 80
193049860 23 7908817 60 2823055 00
I
1000 00
12150 60
6000 00
37160 00
3500 00
7000 00
1000 00
5000 00
2626 50
6000 00
3000 00
3000 00
39 20
72
281 60
46 40
224 40
36 80
32 00
32 00
l42 40
39 20
51 20
HI 34
39 20
39 20
55 80
32 00
48 80
39 20
70 80
101 60
34 4
53 60
60 80
68 00
53 60
34 40
173 60
56 00
34 40
56 00
34 40
4220 34
925 60
7832 90
908 67
4495 64
453 47
16 61
32 76
8123 40
622 92
1223 26
3561 00
444 24
629 42
32
196 79
668 16
3115 28
1034 23
854 49
158 42
1647 76
362 94
1894 94
2886 16
182 8
108 34
262 28
79115 51
83335 85
o
3
i3
to
O
f
w
to
6
M
w
to

r
w
to
w
o
to
iJ
oShowing Business Done
TABLE No 3
AssesnietU Life Fire and Accident Insurance Companies in this State for the
Year Ending April U 1907
NAME OF COMPANY
STATE
American Ins Co Fire
American Assurance Life
Atlanta Mut Livestock
AtlanbaMut Ins Assn
Bankers Health Life
Commonwealth Fire
Continental Aid Assn
Cotton Mill Mut Fire
Empire Mut Annuity V Life
Farmers Cooperative Livestock
Farmers Mut Fire
Farmer3 Ccoperative Fire
Farmers Fire
Farmers Mut Fire
Fire Ins Co
Gate City Fire
Georgia Cooperative Fire
Oeorgia Live Stock
German Mut Fire
Ginners Mut Fire
Great Southern Home Life
Guaranty Aid v Relief Society
Home Friendly Society
Industrial Life Health
Macon Live Stock Co
Metropolitan Mut Benefit
Mutual Fire Indemnity
Mut Fire Industrial Assn
Mut Fire Ins Co
Mut Live Stock Ins Co Athens Ga
Mut Benefit Life Ins Co Valdosta Ga
Mut Benefit Industrial Assn Savannah Ga
New South Mut Life Atlanta Ga
Pilgrims Health v Life Assn Augusta Ga
Atlant i Ga
Atlanta Ga
Atlanta Ga
Atlanta Ga
Macon Ga
Atlanta Ga
Atlanta Ga
Augusta Ga
Atlanta Ga
Swainsboro Ga
Dawson Ga
Jackson Ga
Maison Ga
Calhoun Ga
Dallas Ga
Atlanta Ga
Savannah Ga
Tifton Ga
Savannah Ga
Athens Ga
Birmingham Ala
Savannah Ga
Baltimore Md
Atlana Ga
Macon Gav
Atlanta Ga
Augusta Ga
Athens Ga
Coidele Ga
Amount
of Insurance
Written dur
ing the Year
413190 00
250835 00
357465 00
13350 00
416812 50
517554 0L
2221700 00
40000 0
1139627 00
67740 00
57000 00
394676 00
42630 00
124537 00
331310 00
1075008 00
53690 00
614815 00
118600 00
2987145 00
276631 50
559980 00
160500 00
Old Business Total Prem
iums Col
lected on
OldandNew
of Previ us
Years now in
Force
Business
Losses
Paid
Losses
Unpaid
299840 00
165586 00
38465 00
310078 00
2336300 00
11072 50 1783 00 1100 00
483606 00
49962 50
147895 00
7745 00
137400 00
177286 00
37406 95
32166 90
377 50
29592 87
4103 78
112167 95
200 00
5698 30
1198 00
585 00
13828 85
5361 57
12802 61
25102 83
249054 45
2195 80
28649 35
1471 69
53663 35
12618 36
13563 92
8537 00
19687 95
11892 50
9054 05
631 27
10120 00
1847 65
5j90 00
760 00
7447 83
1635 67
3842 45
16825 79
92937 95
1339 50
12764 31
2623 00
13783 73
21611 00
21947 75 11842 95
Fees from
Ian 1
1907 to
Jan 1
1908
Tax on
Prem
iums
Total Fees
and Tax
63 77
1405 00
550 00
9960 00
58 40
32 00
41 60
87 20
92 00
32 00
32 00
32 00
120 80
32 00
34 40
32 00
34 40
44 00
39 20
34 40
32 00
32 00
34 40
36 80
46 40
41 60
65 60
164 00
39 20
44 00
34 40
32 00
82 40
58 60
80 00
36 80
39 20
70 40
110 72
374 06
321 66
3 78
296 00
1121 68
11 78
5 85
J38 29
53 62
128 02
251 03
2490 54
10 98
286 49
14 71
536 63
61 87
135 63
85 37
O
C5
o
x
ii
O
f
f
w
6
w
z
w

w
70
W
O
70
i3
249 47Protective Fire Ins Co
Provident Life Accident Co
Sterling Mut Life Ins Co
South Ga Farmers Ins Co
Southeastern Mut Fire Co
Southern Mut Live Stock Ins Co
Southern Life and Health Ins Co
Sunlight Fire Ins Co
Southern Mut Li e Ins Assn
Southern Life
Southern Agricultural Fire
Union Fire Ins Co
Union Mut Assn
Union Benefit Assn
Lithonia Ga
Chattanooga Tenn
Madison Ga
Thomasville Ga
Macon Ga
Elberton Ga
Atlanta Ga
Atlanta Ga
Atlanta Ga
Dawson Ga
Atlanta Ga
Atlanta Ga
Atlanta Ga
Savannah Ga
556
31000
999885
20550
165936
490110
532899
799000
44820
1192000
226919
370000 00
1051533 00
Total 17040310 50 5708083 30 797547 52 320945 70
2780
410
3176
1375
7426
4901
24833
3973
1487
950
59867
3427 00
2921 20
241 60
1 635 80
136 50
58063 00
7000 00
36 80
34 40
39 20
34 40
39 20
32 00
41 60
36 80
44 00
39 40
34 40
128 00
41 60
16436 77 2324
27 80
1 55
15 88
13 75
74 27
49 01
248 33
39 73
14 87
9 50
598 67
7783 74
O
o
J
O
f
w
6
w
x
w
w
w
in
c
TABLE No 4
Shwing Business done ly Accident Marine and Surety Companies in this State for the Year ending April 30 1907
NAME OF COMPANY STATE Amount of Insurance written during the year Old business of previous years now in force Total Premiums collected on old and new business Losses paid Losses unpaid Fees from January 1 1907lo January 1 1908 Tax on Premiums Total Fees and Tax
34 40 34 40
Hartford Conn Hartford Conn Minneapolis Minn Philadelphia Pa New York N Y 4370969 00 7335300 00 12790 60 47049 97 1958 87 25508 75 127 91 470 50
6863 92
34 40 36 80 195 20 53 60 39 20 51 20 46 40 34 40 56 00 32 01 132 80 34 40 53 60 34 40 84 80 44 00 39 20 36 80 116 00 48 80 46 40 12 00 92 00 41 60 123 60 34 40 34 40 36 80 63 20 51 20
270676 00 7587893 00 2048541 00 8000 00 46600 00 315278 00 13770 00 3149900 00 2053 96 16013 18 20485 41 600 0 1704 19 3152 78 137 70 17011 98 462 46 6791 10 4948 48 20 54 160 13 2r4 85 6 00 17 04 31 53 1 38 170 11
2850 40 7672 12

New York N Y Hammond Ind New York N Y Philadelphia Pa
567 29 928 13 255 00 16485 26 43 42


3280 00

New York N Y 18246433 60 32928 00 8940910 00 755250 00 3400762 00 242924 00 78105 00 2848300 00 1825038 00 74533 00 1711200 00 10630732 00 8181736 00 88739 00 3556638 00 86136 74 329 28 29613 18 5249 04 3407 62 2429 24 781 05 7289 34 18215 17 1764 80 12745 89 88279 91 18708 33 887 39 12546 17 33914 57 46 36 417 27 1045 32 19135 34 712 41 337 52 1458 92 775 15 716 06 4322 30 23301 79 6533 69 861 37 3 29

Baltimore Md 950 00 1813 25 1027 33 150 00 296 13 52 49 340 08 24 29

Philadelphia Pa New York N Y Montreal Canada Hartford Conn New York N Y

7 81 72 89 182 15 17 65 127 46 1589 04 187 08 8 87 125 46
975 00 150 00 2900 00



New York N Y New York N Y New York N Y SM19 67
6283 45

2878 28 1150 00

New York NY 125562 00 2370300 00 3741948 00 2297500 00 2960 19 9361 18 37419 48 16182 99 633 94 180 85 18216 99 5432 23 577 33 153 91 14515 00 1331 75 29 60 93 61 374 19

New York N Y Scranton Pa
161 82
3
O
QC
o
o
hi

O
t1
w
6
w
z
w
v

r
in
W
o
3 New York N Y 182375 00 2109750 00 1233427 00 394700 00 10515 75 19688 32 3054 95 3947 00 85326 28 74 75 44 00 128 00 34 40 72 20 105 16
Standard Life and Accident 8174 91 513 45 196 88 30 65 39 47 853 2 75
New York N Y

23423 47 25 59
United American Philadelphia Pa 7475 00 94 40 34 40 19 sn

New York N Y Baltimore Md Baltimore Md 24164000 00 7268860 23 1719100 00 715651 00 54642 70 36775 29 21666 82 3761 97 28284 24 16865 42 16118 67 546 43 367 75 216 66
10817 59 IM 60 1164 141 53 60 Kin nn 58 in


34 40

Total 133091803 23 745360 69 8 276193 55 72973 61 2613 60 8122 18 10735 78
o
o
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o
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6
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IT
ri
5
TABLE No 5
Comparative Table Showing Comparative business of Insurarce Companies in the Siate for the Years 1900 to 1906 Inclusive
Amount
Insurance in
Force
Premiums
Losses
o g
i be
1
1900 Fire
1900 Life
1900 Cooperative
1900 Accident Surety and Marine
1901 Kire Companies
1901 Old Line Life Companies
190i Assessment Life Companies
1901 Accident Plate Glass Marine and Surety Cos
1901 Fraternal Orders
1902 Fire
1902 Old Line Life
1902 Assessment Life
1902 Accident Plaie Glass Marine and Surely Cos
1902 Fraternal Ordrs
1902 Agents Tax receipted for as fees by mistake
1902 Overpayment of fees
1903 Kire
1903 Life
190 Cooperative
1903 Accident Surety and Marine
1903 Fraternal Orders
1904 Fire
1904 Life
1904 Cooperative
1904 Accident Surety and Marine
1904 Fraternal Orders
Less Overpayment
179561495 07
92223613 31
7847005 00
76115608 1
231234339 40
132654379 SO
4659 699 50
106758014
234719433
140409 404 72
4848391 00
101564929 45
225048844 32
142 172751 34
59036 0 15
99933279 5i
280530212 26
171 133SS1 24
9158245 97
100S55541 66
2 419054 02
3989954 41
270811
260701
2799184
4096042
231899
329027
3002053 4
4799931 23
276400 53
382 844 05
3241995 28
5298816 1
303421 89
315082 45
3535767 41
5980233 F6
389U08 97
508813 32

if 1575983
1488443 73
100074 48
122829 96
1543133 20
1524301 4
51478 98
150316 41
1379395 44
1843778 09
5435 95
203605 77
1431332 91
1758747 09
68363 0
201170 42
133H233 95
2302 996 0
991 18 97
243931 79
2694
580
152
195
2816
739
127
200
2 515
744
99
244
2890
739
1H3
312
3306
957
154
350
Fees
Taxes
Total
8514 40 24190 38 32 704 78
2512 00 363S5 58 38897 58
780 80 2768 10 3548 90
1396 SO 2 6D7 06 4003 86
8839 20 27991 69 36S30 89
2989 Ii0 409Hi 36 43955 90
848 80 2334 58 3183 38
1312 00 3296 25 4608 25
220 00
7 860 SO 30007 8 39692 61
3065 60 48057 48 51123 08
633 60 2754 00 3407 60
1513 60 3828 40 5342 00
300 00
30 00
SO
8728 00 32817 29 41543 29
3117 00 53045 59 56163 19
1095 20 3031 20 4129 40
1740 80 4 453 24 5458 57
430 00
9919 00 35357 67 45287 20
3640 80 5980 33 63443 13
1233 60 4046 12 5279 72
1704 00 5088 13 6 792 13
4i0 00
61
o
o
i3
fo
O
f
6
w
w

r
w
fd
W
d
O19o
1905
1905
1905
1905
liKIi
19 6
I a 16
I90n
1906
1917
1907
1907
lit 17
I 07
Fire
Life
Cooperative
ccident Surety and M trine
Fraternal Orders
Fire
Life
UooperaUve
ccident Surety and Marine
Fraternal Orders
Fire
Life
Cooperative
Accident Surety irai Marine
Fraternal Orders
274885240 75
197919425 IK
12661243 05
99830976 34
3855
6618
267
577
589
72
563
022
4281
7337
684
666
30
848
140
665
447
7008
797
745
407
817
517
360
560991
443227
203285
24V49
659543
665295
262025
253657
378900
823055
32094
276103
3637
1017
202
397
10746 40
4112 80
1892 80
1912 80
410 Ol
12595 40
4235 2i
2995 20
1936 li
700 00
14408 20
4220 34
2 24 80
26 i 3 60
39125 73
66605 96
4955 58
5779 25
41991 47
73537 22
Oltio 93
6036 78
45473 82
79115 51
7783 74
8122 18
46I 00
Error of 200 paid into Treas ry as fees lhatshould have been agents tax
49872 13
7o7Is 7i
K848 38
7092 05
59882 02
83335 85
in 108 54
10735 78
n
o
g
0
hj
fo
O
r
w
6
w
w

w
73
W
hi
o
i3INDEX
ADIRONDACK FIRE INSURANCE COMPANY OF
NEW YORK
Statement of J6
ETNA INDEMNITY COMPANY OF CONNECTI
CUT
Statement of 563
ETNA INDEMNITY COMPANY OF CONNECTI
CUT
Statement of l8
ETNA LIFE INSURANCE COMPANY OF CON
NECTICUT
Statement of
559
ETNA LIFE INSURANCE COMPANY OF CON
NECTICUT
Statement of 26
AGRICULTURAL FIRE INSURANCE COMPANY
OF WATERTOWN N Y
Statement of
21
ALLIANCE INSURANCE COMPANY OF PENNSYL
VANIA
Statement of
4714
COMPTROLLERGENERALS REPORT
AMERICAN ASSURANCE ASSOCIATION OF
GEORGIA
Statement of
499
AMERICAN ASSURANCE COMPANY OF PENN
SYLVANIA
Statement of

AMERICAN BANK INSURANCE COMPANY OF
MINNESOTA
Statement of
57
AMERICAN BONDING COMPANY OF BALTI
MORE
Statement of
567
AMERICAN CASUALTY COMPANY READING
PA
Statement of
376
AMERICAN CENTRAL FIRE INSURANCE COM
PANY OF ST LOUIS MO
Statement of
AMERICAN CREDIT INDEMNITY COMPANY OF
NEW YORK
Statement of
570
AMERICAN INSURANCE COMPANY OF GEOR
GIA
Statement of
ooCOMPTROLLERGENERALS REPORT 715
AMERICAN FIRE INSURANCE COMPANY OF
NEWARK N J
Statement of 3
AMERICAN NATIONAL INSURANCE COMPANY
OF GALVESTON TEXAS
Statement of 254
AMERICAN NATIONAL LIFE INSURANCE COM
PANY OF LYNCHBURG VA
Statement of 257
AMERICAN SURETY COMPANY OF NEW YORK
Statement of 577
ATHENS MUTUAL FIRE INSURANCE COMPANY
OF ATHENS GA
Statement of 2i
ATLANTA HOME FIRE INSURANCE COMPANY
OF ATLANTA GA
Statement of 3
ATLANTA MUTUAL INSURANCE ASSOCIATION
OF GEORGIA
Statement of 5
ATLANTA MUTUAL LIVE STOCK INSURANCE
COMPANY OF GEORGIA
Statement of 54
ATLAS ASSURANCE COMPANY LTD OF LON
DON
Statement of 35716
COMPTROLLERGENERALS REPORT
EANKERS HEALTH AND LIFE INSURANCE
COMPANY OF GEORGIA
Statement of
506
BOSTON FIRE INSURANCE COMPANY OF BOS
TON MASS
Statement of
4T
BRITISH AMERICA ASSURANCE COMPANY OF
TORONTO
Statement of
44
CALEDONIAN FIRE INSURANCE COMPANY OF
EDINBURGH
Statement of
47
CITIZENS FIRE INSURANCE COMPANY OF MIS
SOURI
Statement of
So
CITIZENS LIFE INSURANCE COMPANY OF KEN
TUCKY
Statement of
5
COLUMBIA NATIONAL LIFE INSURANCE COM
PANY OF MASSACHUSETTS
Statement of 2ggCOMPTROLLERGENERALS REPORT 717
COMMERCIAL UNION ASSURANCE COMPANY
LTD OF LONDON
Statement of 53
COMMONWEALTH INSURANCE COMPANY OF
GEORGIA
Statement of 57
CONNECTICUT FIRE INSURANCE COMPANY OF
HARTFORD
Statement of 62
CONNECTICUT MUTUAL LIFE INSURANCE COM
PANY
Statement of 273
CONTINENTAL AID ASSOCIATION OF GEOR
GIA
Statement of 59
CONTINENTAL CASUALTY COMPANY OF IN
DIANA
Statement of 58r
CONTINENTAL FIRE INSURANCE COMPANY OF
NEW YORK
Statement of 5
COSMOPOLITAN FIRE INSURANCE COMPANY
OF NEW YORK
Statement of
COTTON MILL MUTUAL FIRE INSURANCE COM
PANY OF AUGUSTA GA
Statement of 51
718 COMPTROLLERGENERALS REPORT
D
DES MQINES LIFE INSURANCE COMPANY OF
IOWA
Statement of 277
DIXIE FIRE INSURANCE COMPANY OF GREENS
BORO N C
Statement of 5
E
EAGLE FIRE COMPANY OF NEW YORK
Statement of gr
EMPIRE MUTUAL ANNUITY AND LIFE INSUR
ANCE COMPANY OF GEORGIA
Statement of T
EMPIRE STATE SURETY COMPANY OF NEW
YORK
Statement of g
KM PLOVERS INDEMNITY COMPANY OF PHILA
DELPHIA
Statement of eon
59
EMPLOYERS LIABILITY ASSURANCE CORPO
RATION LTD U S BRANCH OF GREAT
BRITAIN AND IRELAND
Statement of
592
EQUITABLE FIRE INSURANCE COMPANY OF
CHARLESTON S C
Statement of 7QCOMPTROLLERGENERALS REPORT 719
EQUITABLE LIFE ASSURANCE SOCIETY OF THE
UNITED STATES
Statement of 280
FARMERS COOPERATIVE FIRE INSURANCE
COMPANY OF GEORGIA
Statement of 516
FARMERS COOPERATIVE LIVE STOCK INSUR
ANCE COMPANY OF GEORGIA
Statement of 5r 5
FARMERS FIRE INSURANCE COMPANY OF
GEORGIA
Statement of 517
FARMERS MUTUAL FIRE INSURANCE COMPANY
OF GEORGIA
Statement of 58
FEDERAL CASUALTY COMPANY OF MICHI
GAN
Statement of
604
FEDERAL UNION SURETY COMPANY OF IN
DIANA
Statement of 5
FIDELITY AND CASUALTY COMPANY OF NEW
YORK
Statement of 599720 COMPTROLLERGENERALS REPORT
FIDELITY AND DEPOSIT COMPANY OF MARY
LAND
Statement of g0c
FIDELITY FIRE INSURANCE COMPANY OF NEW
YORK
Statement of 72
FIDELITY MUTUAL LIFE INSURANCE COMPANY
OF PHILADELPHIA
Statement of 28
FIRE ASSOCIATION OF PHILADELPHIA PA
Statement of y
FIRE INSURANCE COMPANY OF GEORGIA
Statement of rIO
FIREMENS FIRE INSURANCE COMPANY OF
NEWARK N J
Statement of 8o
FIREMENS FUND INSURANCE COMPANY OF
SAN FRANCISCO CAL
Statement of g2
FIREMENS FUND INSURANCE CORPORATION
OF SAN FRANCISCO CAL
Statement of gc
FLORIDA HOME FIRE INSURANCE COMPANY OF
MARIANNA FLA
Statement of 7gCOMPTROLLERGENERALS REPORT 721
FRANKLIN LIFE INSURANCE COMPANY SPRING
FIELD ILL
Statement of 290
FRANKFORT MARINE ACCIDENT AND PLATE
GLASS INSURANCE COMPANY OF GER
MANY U S BRANCH
Statement of 608
G
GATE CITY FIRE INSURANCE COMPANY OF
GEORGIA
Statement of rig
GENERAL ACCIDENT FIRE AND LIFE ASSUR
ANCE CORPORATION LTD OF GREAT
BRITAIN
Statement of 611
GENERAL ACCIDENT INSURANCE COMPANY OF
PHILADELPHIA j
1 i
Statement of gx e
GEORGIA COOPERATIVE FIRE INSURANCE
COMPANY
Statement of 520
GEORGIA HOME FIRE INSURANCE COMPANY OF
COLUMBUS GA
Statement of gg
46 In722 COMPTROLLERGENERALS REPORT
GEORGIA LIVE STOCK INSURANCE COMPANY
Statement of 524
GERMAN ALLIANCE FIRE INSURANCE COM
PANY OF NEW YORK
Statement of 94
GERMANAMERICAN FIRE INSURANCE COM
PANY OF NEW YORK CITY
Statement of 97
GERMANIA FIRE INSURANCE COMPANY OF
NEW YORK
Statement of 100
GERMANIA LIFE INSURANCE COMPANY OF
NEW YORK
Statement of 294
GERMAN MUTUAL FIRE INSURANCE COMPANY
OF GEORGIA
Statement of 522
GINNERS MUTUAL INSURANCE COMPANY OF
GEORGIA
Statement of 526
GIRARD FIRE AND MARINE INSURANCE COM
PANY OF PHILADELPHIA PA
Statement of 92
GLENS FALLS FIRE INSURANCE COMPANY OF
GLENS FALLS N Y
Statement of 103
COMPTROLLERGENERALS REPORT 723
GLOBE AND RUTGERS FIRE INSURANCE COM
PANY OF NEW YORK CITY
Statement of I0S
GREAT EASTERN CASUALTY AND INDEMNITY
COMPANY OF NEW YORK
Statement of 618
GREAT SOUTHERN HOME INDUSTRIAL ASSO
CIATION
Statement of S27
GREAT WESTERN LIFE INSURANCE COMPANY
OF MISSOURI
Statement of 299
GREENSBORO LIFE INSURANCE COMPANY OF
NORTH CAROLINA
Statement of 3QI
GUARANTEE COMPANY OF NORTH AMERICA
Statement of 621
GUARANTEE LIFE INSURANCE COMPANY OF
TEXAS
Statement of 35
GUARANTY AND RELIEF SOCIETY OF GEOR
GIA
Statement of S29
724 COMPTROLLERGENERALS REPORT
H
HAMBURGBREMEN FIRE INSURANCE COM
PANY OP HAMBURG GERMANY
Statement of I0g
HANOVER FIRE INSURANCE COMPANY OF NEW
YORK
Statement of IO
HARTFORD FIRE INSURANCE COMPANY OF
HARTFORD CONN
Statement of u
HARTFORD STEAM BOILER INSPECTION AND
INSURANCE COMPANY
Statement of 62
HOME FRIENDLY SOCIETY OF MARYLAND
Statement of j
HOME INSURANCE COMPANY OF NEW YORK
Statement of I xg
HOME LIFE INSURANCE COMPANY OF NEW
YORK
Statement of 07
I
ILLINOIS LIFE INSURANCE COMPANY
Statement of x
COMPTROLLERGENERALS REPORT 725
INDIANA NATIONAL LIFE INSURANCE COM
PANY
Statement of 317
INDUSTRIAL LIFE AND HEALTH INSURANCE
COMPANY
Statement of 533
INSURANCE COMPANY OF NORTH AMERICA
PHILADELPHIA PA
Statement of 119
J
JEFFERSON FIRE INSURANCE COMPANY OF
PHILADELPHIA
Statement of 123
L
LIFE INSURANCE COMPANY OF VIRGINIA
Statement of 3X9
LIVERPOOL AND LONDON GLOBE INSURANCE
COMPANY OF LIVERPOOL ENGLAND
Statement of 126
LIVERPOOL AND LONDON AND GLOBE INSUR
ANCE COMPANY OF LIVERPOOL ENG
LAND
Statement of 129
LLOYDS PLATE GLASS INSURANCE COMPANY
OF NEW YORK
Statement of 628
726 COMPTROLLERGENERALS REPORT
LONDON ASSURANCE CORPORATION OF LON
DON ENGLAND
Statement of 131
LONDON AND LANCASHIRE FIRE INSURANCE
COMPANY OF LIVERPOOL ENGLAND
Statement of 135
LONDON GUARANTEE AND ACCIDENT COM
PANY LTD U S BRANCH
Statement of 631
LOUISIANA NATIONAL LIFE ASSURANCE SO
CIETY
Statement of 323
LUMBER MUTUAL FIRE INSURANCE COMPANY
OF BOSTON MASS
Statement of 138
LUMBER INSURANCE COMPANY OF NEW
YORK
Statement of i
M
MANHATTAN LIFE INSURANCE COMPANY OF
NEW YORK
Statement of 325
MARYLAND CASUALTY COMPANY
Statement of 634
COMPTROLLERGENERALS REPORT 727
MARYLAND LIFE INSURANCE COMPANY OF
BALTIMORE
Statement of 33
MASSACHUSETTS MUTUAL LIFE INSURANCE
COMPANY OF SPRINGFIELD
Statement of 335
MERCANTILE MUTUAL FIRE INSURANCE COM
PANY OF PROVIDENCE R I
Statement of x43
MERIDIAN LIFE AND TRUST COMPANY OF IN
DIANA
Statement of 34
METROPOLITAN CASUALTY INSURANCE COM
PANY OF NEW YORK
Statement of 638
METROPOLITAN LIFE INSURANCE COMPANY
OF NEW YORK
Statement of 344
METROPOLITAN MUTUAL BENEFIT ASSOCIA
TION
Statement of 535
METROPOLITAN SURETY COMPANY OF NEW
YORK
Statement of 64J
MICHIGAN COMMERCIAL INSURANCE COMPANY
OFLANSING MICH
Statement of T45728 COMPTROLLERGENERALS REPORT
MICHIGAN MUTUAL LIFE INSURANCE COM
PANY
Statement of
349
MILWAUKEE MECHANICS FIRE INSURANCE
COMPANY OF WISCONSIN
Statement of T
49
MISSOURI STATE LIFE INSURANCE COMPANY
Statement of
354
MUTUAL BENEFIT LIFE INSURANCE COMPANY
OF NEW JERSEY
Statement of
MUTUAL BENEFIT LIFE INSURANCE COMPANY
VALDOSTA GA
Statement of T
541
MUTUAL FIRE INSURANCE COMPANY COR
DELE GA
Statement of o
MUTUAL LIFE INDUSTRIAL ASSOCIATION
ATHENS GA
Statement of
MUTUAL LIFE INSURANCE COMPANY OF NEW
YORK
Statement of t0COMPTROLLERGENERALS REPORT 729
MUTUAL LIVE STOCK INSURANCE COMPANY
OF GEORGIA
Statement of 54
MUTUAL RESERVE LIFE INSURANCE COMPANY
OF NEW YORK
Statement of 367
N
NATIONAL CASUALTY COMPANY OF MICHI
GAN
Statement of 649
NATIONAL FIRE INSURANCE COMPANY OF
HARTFORD CONN
Statement of J52
NATIONAL LIFE AND ACCIDENT INSURANCE
COMPANY NASHVILLE TENN
Statement of 376
NATIONAL LIFE INSURANCE COMPANY CHI
CAGO ILL
Statement of 372
NATIONAL LIFE INSURANCE COMPANY MONT
PELIER VERMONT
Statement of 378
NATIONAL SURETY COMPANY OF NEW YORK
Statement of 6451
730
COMPTROLLERGENERALS REPORT
NATIONAL UNION FIRE INSURANCE COMPANY
PANY OF PITTSBURG PA
Statement of ice
NEW ENGLAND MUTUAL LIFE INSURANCE COM
PANY OF MASSACHUSETTS
Statement of 383
NEW HAMPSHIRE FIRE INSURANCE COMPANY
OF MANCHESTER
Statement of 1 gg
NEW SOUTH MUTUAL LIFE INSURANCE COM
PANY
Statement of
542
NEW YORK LIFE INSURANCE COMPANY OF NEW
YORK
Statement of 388
NEW YORK PLATE GLASS INSURANCE COM
PANY
Statement of ga
NIAGARA FIRE INSURANCE COMPANY OF NEW
YORK
Statement of 161
NORTH AMERICAN ACCIDENT INSURANCE COM
PANY OF ILLINOIS
Statement of
654COMPTROLLERGENERALS REPORT 731
NORTH BRITISH AND MERCANTILE FIRE IN
SURANCE COMPANY U S BRANCH OF
LONDON AND EDINBURGH
Statement of x76
NORTH RIVER FIRE INSURANCE COMPANY OF
NEW YORK
Statement of l7l
NORTH STATE FIRE INSURANCE COMPANY OF
GREENSBORO N C
Statement of 74
NORTHERN ASSURANCE COMPANY U S
BRANCH
Statement of l68
NORTHWESTERN MUTUAL LIFE INSURANCE
COMPANY OF WISCONSIN
Statement of 394
NORWICH UNION FIRE INSURANCE SOCIETY
U S BRANCH OF ENGLAND
Statement of l65
O
OCEAN ACCIDENT AND GUARANTEE CORPORA
TION LIMITED OF LONDON ENGLAND
Statement of 657
OLD COLONY LIFE INSURANCE COMPANY OF
ILLINOIS
Statement of 39s732 COMPTROLLERGENERALS REPORT
ORIENT FIRE INSURANCE COMPANY OF HART
FORD CONN
Statement of
179
P
PACIFIC MUTUAL LIFE INSURANCE COMPANY
OF CALIFORNIA
Statement of
400
PACIFIC MUTUAL LIFE INSURANCE COMPANY
OF CALIFORNIA
Statement of rr
661
PALATINE FIRE INSURANCE COMPANY LTD
OF LONDON ENGLAND
Statement of
181
PENN MUTUAL LIFE INSURANCE COMPANY OF
PHILADELPHIA
Statement of o
408
PENNSYLVANIA CASUALTY COMPANY
Statement of rr
663
PENNSYLVANIA FIRE INSURANCE COMPANY OF
PHILADELPHIA
Statement of 0
184
PHILADELPHIA LIFE INSURANCE COMPANY OF
PENNSYLVANIA
Statement of
405
PHCENIX ASSURANCE COMPANY LTD OF
LONDON
Statement of 0
7

COMPTROLLERGENERALS REPORT 73
PHCENIX FIRE INSURANCE COMPANY OF
BROOKLYN N Y
Statement of 189
PHCENIX INSURANCE COMPANY OF CONNECTI
CUT
Statement of 193
PHCENIX MUTUAL LIFE INSURANCE COMPANY
OF CONNECTICUT
Statement of 43
PILGRIM HEALTH AND LIFE INSURANCE COM
PANY AUGUSTA GA
Statement of 543
PREFERRED ACCIDENT INSURANCE COMPANY
OF NEW YORK
Statement of 666
PROTECTION FIRE INSURANCE COMPANY OF
GEORGIA
Statement of 545
PROVIDENT LIFE AND ACCIDENT INSURANCE
COMPANY CHATTANOOGA TENN
Statement of 545
PROVIDENT SAVINGS LIFE ASSURANCE SO
CIETY OF NEW YORK
Statement of 48
PRUDENTIAL INSURANCE COMPANY OF AMER
ICA NEWARK N J
Statement of
423734 COMPTROLLERGENERALS REPORT
Q
QUEEN INSURANCE COMPANY OF AMERICA
Statement of 196
R
RELIANCE LIFE INSURANCE COMPANY PITTS
BURGH PA
Statement of 429
RESERVE LOAN LIFE INSURANCE COMPANY OF
INDIANAPOLIS IND
Statement of 433
ROCHESTER GERMAN INSURANCE COMPANY
OF ROCHESTER N Y
Statement of 199
ROME INDUSTRIAL LIFE INSURANCE COMPANY
OF GEORGIA
Statement of 436
ROYAL EXCHANGE ASSURANCE COMPANY OF
LONDON
Statement of 205
ROYAL FIRE INSURANCE COMPANY OF LIVER
POOL U S BRANCH
Statement of 202COMPTROLLERGENERALS REPORT 735
s
SCOTTISH UNION AND NATIONAL INSURANCE
COMPANY OF EDINBURGH SCOTLAND
Statement of 207
SECURITY LIFE AND ANNUITY COMPANY OF
AMERICA
Statement of 437
SECURITY LIFE AND ANNUITY INSURANCE
COMPANY GREENSBORO N C
Statement of 44
SECURITY MUTUAL LIFE INSURANCE COMPANY
OF NEW YORK
Statement of 444
SHAWNEE FIRE INSURANCE COMPANY OF
TOPEKA KANSAS
Statement of 2I
SOUTH ATLANTIC LIFE INSURANCE COMPANY
OF VIRGINIA
Statement of 456
SOUTH GEORGIA FARMERS FIRE INSURANCE
COMPANY
Statement of 547
SOUTHEASTERN MUTUAL FIRE INSURANCE
COMPANY MACON GA
Statement of S48
SOUTHERN COOPERATIVE LIVE STOCK INSUR
ANCE COMPANY
Statement of 5s
736
COMPTROLLERGENERALS REPORT
SOUTHERN FIRE INSURANCE COMPANY OF
LYNCHBURG VA
Statement of
213
SOUTHERN INSURANCE COMPANY OF NEW
ORLEANS
Statement of 218
SOUTHERN LIFE AND HEALTH INSURANCE
COMPANY OF GEORGIA
Statement of
550
SOUTHERN LIFE INSURANCE COMPANY OF
NORTH CAROLINA
Statement of
451
SOUTHERN MUTUAL FIRE INSURANCE COM
PANY OF ATHENS GA
Statement of 216
SOUTHERN MUTUAL LIFE INSURANCE ASSO
CIATION ATLANTA GA
Statement of
553
SOUTHERN MUTUAL LIVE STOCK ASSOCIA
TION ELBERTON GA
Statement of
549
SOUTHERN STATES MUTUAL LIFE INSURANCE
COMPANY OF WEST VIRGINIA
Statement of
448
SOUTHERN STATES LIFE INSURANCE COM
PANY OF ALABAMA
Statement of
454
COMPTROLLERGENERALS RItPORT 737
SPRINGFIELD FIRE AND MARINE INSURANCE
COMPANY OF MASSACHUSETTS
Statement of
221
STANDARD LIFE AND ACCIDENT INSURANCE
COMPANY OF MICHIGAN
Statement of
669
STATE LIFE INSURANCE COMPANY INDIAN
APOLIS INDIANA
Statement of
403
STATE MUTUAL LIFE ASSURANCE COMPANY
WORCESTER MASS
Statement of 0
468
STATE MUTUAL LIFE INSURANCE COMPANY
OF ROME GA
Statement of
459
STERLING MUTUAL LIFE INSURANCE COM
PANY OF GEORGIA
Statement of r
546
ST PAUL FIRE AND MARINE INSURANCE COM
PANY OF MINNESOTA
Statement of
224
SUN INSURANCE COMPANY OF NEW OR
LEANS
Statement of
20
47 in738 COMPTROLLERGENERALS REPORT
SUN INSURANCE OFFICE LONDON ENGLAND
U S BRANCH
Statement of 227
SUN LIFE INSURANCE COMPANY OF CANADA
Statement of 472
SUNLIGHT INSURANCE COMPANY ATLANTA
GA
Statement of 552
T
THAMES AND MERSEY MARINE INSURANCE
COMPANY LTD OF GREAT BRITAIN
U S BRANCH
Statement of 57
TITLE GUARANTY AND SURETY COMPANY OF
PENNSYLVANIA
Statement of grr
TRAVELERS INSURANCE COMPANY OF CON
NECTICUT
Statement of g7g
TRAVELERS LIFE INSURANCE COMPANY OF
CONNECTICUT
Statement of 477
COMPTROLLERGENERALS REPORT
739
u
UNION ASSURANCE SOCIETY OF LONDON
ENGLAND
Statement of 233
UNION BENEFIT ASSOCIATION SAVANNAH
GA
Statement of 55
UNION CENTRAL LIFE INSURANCE COMPANY
OF OHIO
Statement of 482
UNION FIRE INSURANCE COMPANY OF AT
LANTA
Statement of 555
UNION HEALTH AND ACCIDENT COMPANY OF
COLORADO
Statement of 683
UNION MUTUAL ASSOCIATION ATLANTA
GA
Statement of 55
UNION MUTUAL LIFE INSURANCE COMPANY
OF MAINE
Statement of
486
UNITED AMERICAN LIFE INSURANCE COM
PANY OF DELAWARE
Statement of 6Sl740 COMPTROLLERGENEkALS REPORT
UNITED FIREMENS INSURANCE COMPANY OF
PHILADELPHIA
Statement of 2tk
UNITED STATES CASUALTY COMPANY OF NEW
YORK
Statement of ggc
UNITED STATES FIDELITY AND GUARANTY
COMPANY
Statement of 5go
UNITED STATES HEALTH AND ACCIDENT IN
SURANCE COMPANY OF MICHIGAN
Statement of goo
UNITED STATES LLOYDS MARINE INSUR
ANCE UNDERWRITERS OF NEW YORK
Statement of 28
UNITED SURETY COMPANY OF MARYLAND
Statement of 6o6
V
VIRGINIA STATE FIRE INSURANCE COMPANY
OF RICHMOND
Statement of 241
VOLUNTEER STATE LIFE INSURANCE COM
PANY OF TENNESSEE
Statement of 4qCOMPTROLLERGENERALS REPORT
741
w
WASHINGTON LIFE INSURANCE COMPANY OF
NEW YORK
Statement of 494
WESTCHESTER FIRE INSURANCE COMPANY
OF NEW YORK
Statement of 244
WESTERN ASSURANCE COMPANY OF TO
RONTO CANADA
Statement of 246
WILLIAMSBURGH CITY FIRE INSURANCE COM
PANY OF BROOKLYN N Y
Statement of 249

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